learningandfinance.com

Business

Sinclair Broadcast Closes in on $4 Billion Deal for Tribune Media

Tribune Media owns 42 TV stations, including Fox stations, as well as cable network WGN America and Tribune Studios. Tribune's portfolio would help expand Sinclair's already vast network of 173 stations in 81 USA markets and marks the largest acquisition for the Baltimore-based company.

Business

Hedge funds cut bullish U.S. crude bets for second straight week

Compliance by OPEC and non-OPEC with pledged cutbacks stood at 98 percent in March, OPEC said – higher than the organisation achieved during its last cut in 2009. U.S. oil production is increasing and the drawdown on the United States crude stock came in at 930000 barrels less than half of the 2.3 million barrel reduction that had been anticipated, a factor which may soften demand.

Business

Carrizo Oil & Gas Inc. (CRZO) closed its previous trading session at $25.18

Sell-side analyst recommendations point to a short term price target of $24.4 on the shares of EXTRACTION OIL & GAS, LLC (XOG). Carrizo Oil & Gas Inc ( NASDAQ:CRZO ) opened at 25.18 on Friday. Sabine Oil & Gas Corporation, formerly Forest Oil Corporation, is an oil and natural gas company. The stock has relative volume of 2.38. The insider MORTON GERALD A sold 1,632 shares worth $43,928.

Business

KeyCorp Equities Analysts Reduce Earnings Estimates for Fluor Co

William Blair maintained the stock with "Outperform" rating in Friday, August 21 report. Credit Suisse Ag reported 197,421 shares. Cowen & Co maintained the shares of FLR in report on Friday, July 31 with "Outperform" rating. If you are accessing this report on another domain, it was copied illegally and reposted in violation of US and global trademark and copyright laws. Also, insider Ray F.

Business

Comcast, Charter to work together to rival wireless carriers

The announcement immediately follows Sinclair Broadcast Group's announcement to acquire Tribune Media. In 2016, Charter bought Time Warner Cable, then the nation's No. The pact might drive Sprint and T-Mobile US Inc. into each other's arms. In the short term, Comcast and Charter said their new partnership would allow them to become nationwide competitors with Verizon and AT&T Inc.in the wireless business.

Business

Macron won 66.1%, Le Pen 33.9% in French vote: final results

Germany's DAX was down 0.3 percent at 12,683 and Britain's FTSE 100 was up 0.1 percent at 7,301. "Knowing all of this the new French President may well find that winning was the easy bit", said Michael Hewson, chief market analyst at CMC Markets.

Business

Nicki Minaj pays college costs for Twitter fans

A fan then asked her if she wanted to pay for her tuition, to which Nicki was more than willing. She told her nearly 21 million followers, as reported by Billboard , that she would be dropping some serious cash to help them pay off their student loans.

Business

UNESCO Adopts Resolution Denying Israel's Rights to J'slm

Late a year ago, UNESCO passed a series of resolutions which attempted to erase the connection of the Jewish people to the holy places in Jerusalem and to present those places as holy to Muslims only, Arutz Sheva reported . Hillel Neuer - executive director of the Geneva-based NGO UN Watch - also lauded increased global support for Israel at the UN, telling the Algemeiner that "the Palestinians at UNESCO are hemorrhaging support for their ritual anti-Israel resolutions".

Business

Forex New - Dollar rises after hawkish FOMC; rates unchanged as expected

The Federal Open Market Committee downplayed signs of weakness in the United States economy this year, saying it "views the slowing in growth during the first quarter as likely to be transitory" while inflation was running close to its target and consumption "remained solid".

Business

Auction for Aaron Hernandez' SUV pulled from eBay

On Tuesday, the Toyota 4Runner in which Hernandez was accused of committing the murders went up for auction on eBay, but it was later taken down. The vehicle is now owned by Jack Fox , the auto dealer who leased the Toyota to Hernandez just after he was drafted to play for the New England Patriots , CNN reported .

Business

United CEO Oscar Munoz Got Grilled By DC Lawmakers

Committee Chairman Bill Shuster, a Republican, said in opening the hearing that Congress will take action if airlines do not act and added they "would not like the outcome". Rep. Peter DeFazio, D-Ore., said testiness between passengers and airline crews stems from a deterioration in airline service with crowded planes, narrow seats and breakdowns such as when computer failures strand thousands of passengers at a time.

Business

British Gas loses more customers amid price cap row

However, the group said it was on track to make £250m ($325m) of savings this year, while making capital investments of "no more than" £1bn. George Salmon, equity analyst at Hargreaves Lansdown, said given warmer winter weather, falling gas prices and the prospect of energy price caps, it was "good to see guidance remain unchanged, as progress against strategic targets continues apace".

Business

Wells Fargo & Co Reaffirms Buy Rating for Newell Brands Inc (NWL)

On 2/7/2017 Mark Tarchetti, President, bought 13,000 with an average share price of $45.22 per share and the total transaction amounting to $587,860.00. Newell Brands had a return on equity of 13.59% and a net margin of 3.98%. (NYSE: NWL ) shares have seen a move of 4.32%. EPS ratio determined by looking at last 12 month figures is 1.17.

Business

European officials hit back at May's claim Brussels interfering in United Kingdom election

The 27 other European Union nations have shown a united front in facing Brexit, and Michel epitomized the view that the negotiations should be done on the EU's terms, not Britain's. The prime minister's scathing attack followed reports of a disastrous dinner with EU Commission chief Jean-Claude Juncker and Barnier. "We know that there is an election taking place in the United Kingdom", he said.

Business

Outburst by angry Wells Fargo shareholder halts annual meeting

Instinet lowered the target price of Wells Fargo & Company (NYSE:WFC) to $64.00 reporting a potential upside of 0.20%. "Shareholders should vote out every member of the @Wellsfargo board who was around during this scam", Sen. Outside the meeting, campaigners held a day of action to draw attention to the "corrupt and unethical business practices" of the bank-from an overnight anti-pipeline protest at a New York City location to a flyover banner above the Florida meeting, which drew ...

Business

Insurance Losses Erode Berkshire Hathaway Q1 Profit

Buffett likened the situation to Salomon Brothers Inc, where in 1991 he was installed as chairman to clean up the mess left when the former chief executive failed to tell regulators that a trader was submitting fake bids at Treasury auctions.

Business

U.S. economy expands at slowest pace in Q1 since 2014

Still, the latest GDP figures came in below the 1 percent increase that had been forecast by many economists. In addition to weaker consumer activity, the first-quarter slowdown also reflected a cutback in restocking of store shelves. This was below the 1.3% estimate and the roughly 2% average growth rate during the almost eight-year expansion. Weak inventory investment dragged down the overall number in GDP growth by almost a percentage point.

Business

Conte: Spurs had the advantage

You can see our transfer market, and Tottenham's transfer market. Should he do this, he'd be the first player to record 10 Premier League assists in six different seasons (Ryan Giggs and Wayne Rooney have both managed this in five seasons).

Business

China to let firms tap stock markets for new Silk Road projects

The Indian minister sat in a position that his head was turned away from the Pakistani leader all through the one-hour debate and left immediately after a customary photo-op with panel members. Billing intra-regional trade and connectivity as sine qua non for sustainable economic development of Asia and the Pacific, Finance Minister Senator Muhammad Ishaq Dar exuded unequivocal support to One Belt and One Road - a giant initiative undertaken by China for economic progress and prosperity on ...

Business

House Republicans push bill to scrap Wall Street safeguards

Poliquin was the lone Republican to vote in committee against a 2016 version of the bill that wasn't as expansive in changing Dodd-Frank. Republicans are arguing that the law passed under President Barack Obama is slowing economic growth because of the cost of compliance and by curbing lending.

Business

Apple eager to tap India's huge potential, says Tim Cook

Apple once again sold fewer iPads and iPhones in the second quarter of its fiscal year, but despite that, the American technology company increased its turnover and profit results. The company has a market capitalization of $773.92 billion, a price-to-earnings ratio of 17.71 and a beta of 1.26. Analysts on average had expected $2.02 per share, according to Thomson Reuters I/B/E/S.

Business

Text of May FOMC statement

The odds of an interest rate hike by the Federal Reserve at its June meeting moved sharply higher following the release of the central bank's policy statement in which it brushed aside the importance of weaker than expected first quarter GDP figures.

Business

Royal Enfield revving up to buy Ducati?

Another report from Times of India reveals that Royal Enfield too is in a race to purchase the famous Italian brand. A part of Eicher Motors, Royal Enfield is one of the most profitable automobile brands in the world expanding aggressively in overseas markets with direct sales and distribution subsidiaries in North America and Latin America, and a strong presence in Europe and even Australia.

Business

Oil eases, near weakest since late March on small USA stocks decline

Oil prices started to stage a recovery by mid-morning, rising around 0.5% to 48.56 United States dollars (£37.53) per barrel - but still had a way to go before reaching last week's peaks of 53 USA dollars (£40.96). WTI Crude is now trading down 5.05 percent at $45.52, with Brent Crude down 4.98 percent at $48.38. Saudi Arabia's OPEC Governor Adeeb Al-Aama said on Friday there is an emerging consensus among OPEC and non-OPEC countries who took part in a global pact to cut crude ...

Business

Warren Buffett says Wells Fargo botched response to abuses

At the same time, Buffett said health care costs "are the tapeworm of American economic competitiveness" and have risen from 5 percent of gross domestic product in the 1960s to about 17 percent today. Buffett had harsh words for Wells Fargo & Co managers who failed to respond promptly to a sales practices scandal that cost the then-chief executive officer his job past year.

Business

Jobs Report Enough for Rate Hike, but Not Perfect

Average hourly earnings for private-sector workers rose 2.5% in April compared with a year earlier. The unemployment rate refers to the percentage of the population made up of individuals who are actively looking for employment, but can't find a job.

Business

Fed holds interest rates steady

Wall Street has grown a bit less bullish about the economic outlook, given uncertainty about President Trump's fiscal policies and weaker readings on GDP growth in the first quarter and job growth in March. Germany's unemployment declined more than expected in April, reports said citing data from the Federal Labor Agency on Wednesday. In their post-meeting statement today, the central bank policymakers provided little guidance on when their next rate hike might come.

Business

Unemployment rate fell to 4.4% in April, a 10-year low

The record low for post-9/11 veterans comes after a slight uptick in unemployment between February and March. The result handily surpassed an analyst consensus, which had predicted 180,000 new jobs for the month, and rebound in the unemployment rate to 4.6 percent.

Business

Puerto Rico faces uncertain future as debt saga unfolds

Ambac Assurance Corp, which insures $1.3 billion of COFINA debt, filed a similar lawsuit in San Juan federal court, alleging its constitutional rights were also violated, and including among its defendants Puerto Rico's federal financial oversight board and each of the board's seven members.

Business

North Korea Says It Has Detained A Fourth U.S. Citizen

The state-controlled news company Korean Central News Agency ( KCNA ) said the government detained Kim Hak Song on Saturday, according to The Associated Press . 9pm BST: North Korean troops are being motivated to fight against the United States by being made to watch a freaky Godzilla-like film - which was produced by Kim Jong-un's father.

Business

Berkshire Hathaway annual meeting

Warren Buffett, who long shunned investments in technology stocks and then made an ill-fated bet on IBM, said that mistake shouldn't discourage wagers on the broader industry. If Berkshire does decide to pay dividends, it would have to commit to maintaining that payout over time, Buffett said, as cutting it could have disastrous consequences for the company's share price.

Business

AkzoNobel rejects 3rd PPG Industries takeover bid

PPG had raised an earlier offer for the Dutch company by 8% to €96.75 per share, valuing AkzoNobel at €26.9bn (£22.8bn). This was made up of €61.50 in cash and 0.357 in shares of PPG common stock. The company is under pressure from shareholders to embrace the deal with PPG, with activist investor Elliott Advisors calling for an extraordinary general meeting (EGM) where investors can vote to remove AkzoNobel chairman Antony Burgmans.

Business

Korea detains its fourth USA citizen

China, previously North Korea's chief ally and main trading partner, in February halted coal imports from Pyongyang in compliance with sanctions leveled by the United Nations, and called for Pyongyang to halt its nuclear weapons and missile tests.

Business

Chinese export, import growth slow in April as rebound cools

April's numbers left the country with a trade surplus of $38.05 billion, which compared with forecasts for $35.50 billion, and above $23.93 billion in March. Beijing's trade picture has improved despite criticism from U.S. President Donald Trump that the country has an unfair trading advantage. U.S. Last month, Trump launched a trade probe against China and other exporters of cheap steel into the USA market.

Business

His support for black colleges remains 'unwavering'

Trump sought to clarify an earlier statement that some higher education officials interpreted to mean that he planned to end a capital financing program that helps these institutions fix, renovate and build new facilities. To read this article in one of Houston's most-spoken languages, click on the button below. We refer of course, to the fact that the White House Director of Communications for the Office of Public Liaison has pumped up Trump's support of Historically Black Colleges and ...


Begin ← Back 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 372 373 374 375 376 377 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 393 394 395 396 397 398 399 400 401 402 403 404 405 406 407 408 409 410 411 412 413 414 415 416 417 418 419 420 421 422 423 424 425 426 427 428 429 430 431 432 433 434 435 436 437 438 439 440 441 442 443 444 445 446 447 448 449 450 451 452 453 454 455 456 457 458 459 460 461 462 463 464 465 466 467 468 469 470 471 472 473 474 475 476 477 478 479 480 481 482 483 484 485 486 487 488 489 490 491 492 493 494 495 496 497 498 499 500 501 502 503 504 505 506 507 508 509 510 511 512 513 514 515 516 517 518 519 520 521 522 523 524 525 526 527 528 529 530 531 532 533 534 535 536 537 538 539 540 541 542 543 544 545 546 547 548 549 550 551 552 553 554 555 556 557 558 559 560 561 562 563 564 565 566 567 568 569 570 571 572 573 574 575 576 577 578 579 580 581 582 583 584 585 586 587 588 589 590 591 592 593 594 595 596 597 598 599 600 601 602 603 604 605 606 607 608 609 610 611 612 613 614 615 616 617 618 619 620 621 622 623 624 625 626 627 628 629 630 631 632 633 634 635 636 637 638 639 640 641 642 643 644 645 646 647 648 649 650 651 652 653 654 655 656 657 658 659 660 661 662 663 664 665 666 667 668 669 670 671 672 673 674 675 676 677 678 679 680 681 682 683 684 685 686 687 688 689 690 691 692 693 694 695 696 697 698 699 700 701 702 703 704 705 706 707 708 709 710 711 712 713 714 715 716 717 718 719 720 721 722 723 724 725 726 727 728 729 730 731 732 733 734 735 736 737 738 739 740 741 742 743 744 745 746 747 748 749 750 751 752 753 754 755 756 757 758 759 760 761 762 763 764 765 766 767 768 769 770 771 772 773 774 775 776 777 778 779 780 781 782 783 784 785 786 787 788 789 790 791 792 793 794 795 796 797 798 799 800 801 802 803 804 805 806 807 808 809 810 811 812 813 814 815 816 817 818 819 820 821 822 823 824 825 826 827 828 829 830 831 832 833 834 835 836 837 838 839 840 841 842 843 844 845 846 847 848 849 850 851 852 853 854 855 856 857 858 859 860 861 862 863 864 865 866 867 868 869 870 871 872 873 874 875 876 877 878 879 880 881 882 883 884 885 886 887 888 889 890 891 892 893 894 895 896 897 898 899 900 901 902 903 904 905 906 907 908 909 910 911 912 913 914 915 916 917 918 919 920 921 922 923 924 925 926 927 928 929 930 931 932 933 934 935 936 937 938 939 940 941 942 943 944 945 946 947 948 949 950 951 952 953 954 955 956 957 958 959 960 961 962 963 964 965 966 967 968 969 970 971 972 973 974 975 976 Forward → End