learningandfinance.com

Business

Amazon Echo Show Officially Unveiled at $230

The $230 device is scheduled to ship June 28, according to a page on the tech titan's site . As it is an echo underneath, you can connect it to your home automation systems and let Alexa control most of your electrical appliances through your voice commands.

Business

Oil rebounds on Saudi assurances Russian Federation will extend

Yesterday, the US Energy Information Administration reported a drawdown of 930,000 barrels of oil, missing analysts' forecast of 2.3 million barrels decrease. These large drops put crude back to levels last seen before the Organization of the Petroleum Exporting Countries (OPEC) and other producers including Russian Federation said they would cut output by nearly 1.8 million barrels per day (bpd) during the first half of the year in a bid to tighten the market and prop up prices.

Business

USA economy likely slowed last quarter, but rebound expected

That marked the economy's weakest quarter since early 2014. "US GDP figures are typically weaker in the first quarter, so this reading is in line with the seasonal trend", said Nancy Curtin, chief investment officer at Close Brothers Asset Management.

Business

Trump administration hollows out EPA science integrity board

Half the members of one of the EPA's key advisory boards are being replaced by EPA Administrator Scott Pruitt. The nine members of BSC who lost their titles were concluding their first term, and were told in January that they positions were in the process of being renewed, the Atlantic reported .

Business

HUDCO IPO oversubscribed 3 times on Day 2

HUDCO's issue comprises of offer for sale (OFS) of up to 20.41 crore equity shares by the promoter, the Government of India (GoI). The IPO was subscribed 3.01 times. The IPO has issue size of 20,40,58,747 shares. Motilal Oswal said, " Hudco's AUM has compounded at 9% CAGR from Rs 30,011.8 crore in FY14 to Rs 35,664.9 crore in FY16".

Business

Oil prices fall amid slower demand and high US output

Oil prices slipped to the pre-OPEC output cut level in early May on worries over brimming US supplies. For 2018, the EIA's growth forecast is 650,000 bbl/d, down from its previous forecast of 680,000 bbl/d. According to the June nomination plans, Aramco will cut supplies by 1 million barrels each to Southeast Asia, China and South Korea, a source, who has knowledge of the nominations but did not wish to be identified, told Reuters .

Business

Hot Stock to Watch: Duke Energy Corporation (DUK)

The stock now has its Annual Dividend of $3.42 and an annual Dividend Yield of 4.12 Percent. The EPS for Duke Energy Corporation is valued at 3.71 with an EPS growth this year at -2.60%. Duke Energy Corp's dividend payout ratio is now 82.61%. If you are viewing this story on another website, it was illegally stolen and republished in violation of United States & global trademark and copyright law.

Business

Australia plans major spending plus surplus in 3 years

The Treasurer said an extension of the rules involving foreign partnerships or trusts, plus new tax integrity measures recommended by the government's Black Economy Taskforce, would help raise a further $4 billion over the forward estimates.

Business

Oil heads sideways despite Saudi-Russian hints at extending output cuts

OPEC, Russia and other oil producing nations had agreed to curtail oil production by 1.8 million barrels per day (b/d) for six months, from January 1. United States light crude was up 35c at $46.57 a barrel, up from an intraday low of $45.83. Markets however have been impacted by a combination of slow seasonal demand and refinery maintenance, some growth in non-OPEC supply - especially in the U.S.

Business

Why Did Wall Street Close Flat on May 8?

With the French election ending in a victory for Emmanuel Macron, one more thing said to threaten global stability has made a quiet exit. A falling Vix typically indicates a bullish outlook for stocks. 18, while the Nasdaq index rose 26.10 points or 0.43% to 6,128.98. Suggesting U.S. stocks remain expensive, the S&P 500 is trading at 17.8 times expected earnings, compared with its 10-year average of 14.2, according to Thomson Reuters Datastream.

Business

WH again postpones Paris climate pact meeting as Macron jabs Trump

A White House spokeswoman confirmed that the meeting is being rescheduled. President Donald Trump's advisers remain divided over the accord, which won the backing of 195 nations in 2015. In his prior post as the elected attorney general of Oklahoma, Pruitt closely aligned himself with the needs of the state's oil and gas industry. That meeting, however, was 'inconclusive, ' according to The Independent .

Business

Macron Told Trump He Would 'Protect' The Paris Climate Agreement

French President-elect Emmanuel Macron has told his U.S. counterpart Donald Trump in a telephone call that he will defend the climate change deal agreed in Paris in 2015, his spokeswoman says. "It's been postponed", a senior official told AFP on Tuesday. But Environmental Protection Agency Administrator Scott Pruitt has said the Paris pact "is a bad deal for America" that will cost jobs.

Business

Amazon's New Echo Show Gives Alexa a Touch Screen

It provides immersive 360º omni-directional audio from Amazon Music , Spotify, Pandora, iHeartRadio, TuneIn and others on voice command and is powered with the ability to control several smart home gadgets. Assuming most households have Wi-Fi, it's not hard to see a device like the Echo stepping in to fill the landline void. Now, the company is making it better with a voice assistant that isn't just a speaker but has a touchscreen and a better integration and more features - Amazon Echo ...

Business

Australia Expected to Announce Infrastructure Spending Boost in Budget

The Treasurer argues there is no other feasible way of paying for the scheme, and says now is the time to stop debating how to pay for the NDIS and just do it. Morrison said the budget had a "fair and responsible path" back to balance, which is due to be reached in 2020-21, with a projected surplus of A$7.4 billion, somewhat higher than previously estimated.

Business

Hot Stocks to Sell Before They Hit the Wall

In the wake of Emmanuel Macron's victory in the French election and growing expectations of a United States interest rate rise, the two indices have hovered at record highs as investors' appetite for riskier assets has ticked higher. Sinclair fell 83 cents, or 2.2 percent, to $36.13. Benchmark U.S. crude fell 55 cents to settle at $45.88 per barrel. Vehicle rental company Hertz Global (HTZ.N) sank almost 19 percent at $12.20 following a bigger-than-expected quarterly loss.

Business

LUPICA: Victory meant more to the GOP than the health of millions

Republican Sen. Susan Collins of ME, a moderate Republican whose vote will be critical in getting a bill to Trump's desk, voiced concerns about potential higher costs for older people and those with pre-existing conditions. Rep. Sean Patrick Maloney (D-NY) on Saturday offered to hold town halls and explain the Republican bill to repeal and replace Obamacare to the constituents of GOP lawmakers who are avoiding public events during the House recess.

Business

Every Time 'May the Force...' Is Said in the 'Star Wars' Saga

May the fourth be with you, Smash Mouth. "It's challenging from his melancholy melodies up until his really hectic marches in Empire strikes back". The first known use of May the Fourth Be With You came during 1979 . Ever wonder what would happen if Star Wars met the Beatles ? The date for Star Wars day was chosen as a play on words of the Star Wars quote " May the Force be with you ".

Business

Fed Acknowledges Weakness, but June Rate Hike Still Likely

The final clincher will be the United States jobs data tomorrow night for April - if there is a repeat of the low 98,000 figure for March, then the Fed won't move on rates, but will sit. The statement acknowledged the drop in the core PCE price index but the central bank retained their stance that inflation has been close 2% targets and is expected to reach the target over the medium term.

Business

Credit Suisse reiterated Whitbread PLC (LON:WTB) as 'Outperform' With 4870 PT

It closed at $81.44 lastly. It has outperformed by 15.08% the S&P500. Stockholders of record on Thursday, April 27th will be issued a GBX 7 ($0.09) dividend. The company was maintained on Tuesday, April 26 by Liberum Capital. JPMorgan Chase & Co. boosted their price target on Barclays PLC from GBX 215 ($2.75) to GBX 225 ($2.88) and gave the company a " neutral" rating in a report on Wednesday, March 1st.

Business

Warren Buffett: The next Berkshire Hathaway CEO shouldn't be motivated by money

Everyone makes mistakes. In reference to recent setbacks with Wells Fargo , American Express, and United, Buffett highlighted that he doesn't pick companies who will never have problems. Regardless of what Buffett does, Rolfe believes there is a capital allocation "problem" at Berkshire, and the solution wouldn't please Buffett. CNBC's Jim Cramer attributed the "Oracle of Omaha" with a sea change he notices in investing today.

Business

Hertz tanks 15% after missing big on earnings (HTZ)

Federated Investors Inc. PA now owns 5,448 shares of the transportation company's stock valued at $117,000 after buying an additional 3,236 shares during the period. The business's revenue for the quarter was down.9% on a year-over-year basis. ICF International, Inc. has a consensus outperform rating from 7 Wall Street analysts, and the number of shares now sold short amount to at least 0.41% of shares outstanding.

Business

Egypt's Sisi congratulates France's Macron on presidential election win

The euro firmed and US stock futures hit a record high on Monday after centrist Emmanuel Macron comfortably won the French presidential election . Rabbi Pinchas Goldschmidt, the president of the Conference of European Rabbis, said in a statement that while Macron's election is "extremely encouraging", his group is "concerned that a third of the French population voted for a risky political leader".

Business

Trading Notes on Hewlett Packard Enterprise Company (NYSE:HPE): Active Stock Recap

The consensus rating is 2.3, suggesting the market has given up on the stock. The target price for Hewlett Packard Enterprise Company (HPE ) is $20.91/share according to the consensus of analysts working on the stock, with an expected EPS of $0.36/share for the current quarter.

Business

Major announcements from Microsoft's EDU event

The device comes powered with Intel (INTC) core i5 and i7 processors and has a 14.5 hour battery life, plus it comes in four shades: platinum, burgundy, cobalt blue and graphite gold and weighs less than three pounds. The new notebook will start shipping on 15 June at a starting price of $999. While the Surface Laptop will probably be the most popular product from the Microsoft EDU event, the company also made some other key announcements during the course of the event.

Business

USA growth rate hits three-year low at 0.7%

The GDP estimate is the first of three for the quarter, with the other releases scheduled for May and June when more information becomes available. Growth hasn't been that sluggish since the first quarter of 2014 when it actually shrank. The BEA report reflects the advanced findings for the first quarter of this year. The median forecast of economists surveyed by Bloomberg called for a 1 percent gain.

Business

Coach's bling fling, will spend $2.4B on Kate Spade

USA premium accessories giant Coach has confirmed the acquisition of Kate Spade for a total transaction value of $2.4bn. Kate Spade said in February it was exploring strategic options, after hedge fund Caerus Investors urged the company to sell itself.

Business

Sinclair Acquires Tribune Media for $3.9 Billion

Chicago-based Tribune Media owns or operates 42 TV stations and reaches more than 43 percent of the nation including major markets like New York, Chicago and Miami. Tribune Media was created in 2014 when the Tribune company split its broadcasting and publishing businesses into two separate companies – one called Tribune Publishing and the other Tribune Media .

Business

Kelly Ripa's Permanent Co-Host Revealed!

The show airs at 9 a.m.in most markets, going up against the third hour of NBC's " Today " show. "Ryan is a quintessential broadcaster and at the top of his game", Kelly Ripa said of her new co-host. His tremendous success is only matched by his impeccable reputation. Seacrest doesn't seem to mind having a jam-packed schedule, and sent out a series of social media messages following his first day of work as Ripa's co-host.

Business

US Stocks Hover Around Break-Even After French Election

The S&P 500 index showed 38 52-week highs and two lows, while the Nasdaq recorded 85 highs and 29 lows. The S&P 500 and Nasdaq narrowly secured new record closes a day earlier in lethargic trading. Traders are also reacting to news of pro-European centrist Emmanuel Macron's victory in the French presidential election over the weekend. Endo International ENDP.O , Office Depot ODP.O and Marriott MAR.O also rose after reporting better-than-expected quarterly earnings.

Business

Emmanuel Macron may have won the French presidency, but challenges await him

The President of the U.S. Donald Trump and the newly elected French head of State, Emmanuel Macron, agreed to meet during the Summit of the North Atlantic Treaty Organization (NATO) on May 25 in Brussels . "German support can't replace French policies", she said. @ narendramodi Congratulations to @EmmanuelMacron for an emphatic victory in the French Presidential election.

Business

Euro gives up earlier gains as Macron seals French election victory

Trump tweeted: "Congratulations to Emmanuel Macron on his big win today as the next President of France". Mr Macron is on his way there now. Macron has promised that half of those candidates would be new to elected politics, as he was before his victory on Sunday.

Business

Oil tumbles amid oversupply fears, unlikelihood of deeper Opec cuts

Brent crude futures , the worldwide benchmark for oil prices , were at $47.05 per barrel at 0335 GMT, down $1.33 or 2.8 percent from their last close. Oil is at its lowest level since November, when producers' cartel Opec and major producers outside the Opec struck a deal to cut output and drain off excess supplies from the market.

Business

India's Bharti Airtel quarterly profit falls 69 percent, misses estimates

The third largest operator Idea Cellular is slated to announce its results on May 13. Revenue saw a 12% drop to Rs 21,934.6 crore in the same quarter, the company said. In December, it extended the freebies up to March 2017, much to the ire of other operators who believe that such offerings not only hurt their profitability but are also against the regulations.

Business

Estimated Cost of Wells Fargo Account Scandal Now $2 Billion

Wells Fargo & Company shares increased 3.08 percent over the past week and rose 0.94 percent over the previous month. Stock has got OUTPERFORM rating from 6 analysts of Thomson Reuters, 14 analysts given HOLD rating to the stock and 0 given UNDERPERFORM rating.

Business

Europe's ATR signs provisional order for $1.3 billion IndiGo plane deal

The airline's fuel expenses in the January to March quarter of the just-concluded fiscal stood at Rs 1,750 crore, up by a whopping 71 percent. In the year-ago period, the same stood at Rs 4,090.68 crore, according to a release. During the same period, the total debt was Rs 2,596.2 crore and the entire amount is related to aircraft, according to the release. "This term sheet is subject to reaching a mutually satisfactory final purchase agreement with ATR and the engine manufacturer", the ...


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 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 372 373 374 375 376 377 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 393 394 395 396 397 398 399 400 401 402 403 404 405 406 407 408 409 410 411 412 413 414 415 416 417 418 419 420 421 422 423 424 425 426 427 428 429 430 431 432 433 434 435 436 437 438 439 440 441 442 443 444 445 446 447 448 449 450 451 452 453 454 455 456 457 458 459 460 461 462 463 464 465 466 467 468 469 470 471 472 473 474 475 476 477 478 479 480 481 482 483 484 485 486 487 488 489 490 491 492 493 494 495 496 497 498 499 500 501 502 503 504 505 506 507 508 509 510 511 512 513 514 515 516 517 518 519 520 521 522 523 524 525 526 527 528 529 530 531 532 533 534 535 536 537 538 539 540 541 542 543 544 545 546 547 548 549 550 551 552 553 554 555 556 557 558 559 560 561 562 563 564 565 566 567 568 569 570 571 572 573 574 575 576 577 578 579 580 581 582 583 584 585 586 587 588 589 590 591 592 593 594 595 596 597 598 599 600 601 602 603 604 605 606 607 608 609 610 611 612 613 614 615 616 617 618 619 620 621 622 623 624 625 626 627 628 629 630 631 632 633 634 635 636 637 638 639 640 641 642 643 644 645 646 647 648 649 650 651 652 653 654 655 656 657 658 659 660 661 662 663 664 665 666 667 668 669 670 671 672 673 674 675 676 677 678 679 680 681 682 683 684 685 686 687 688 689 690 691 692 693 694 695 696 697 698 699 700 701 702 703 704 705 706 707 708 709 710 711 712 713 714 715 716 717 718 719 720 721 722 723 724 725 726 727 728 729 730 731 732 733 734 735 736 737 738 739 740 741 742 743 744 745 746 747 748 749 750 751 752 753 754 755 756 757 758 759 760 761 762 763 764 765 766 767 768 769 770 771 772 773 774 775 776 777 778 779 780 781 782 783 784 785 786 787 788 789 790 791 792 793 794 795 796 797 798 799 800 801 802 803 804 805 806 807 808 809 810 811 812 813 814 815 816 817 818 819 820 821 822 823 824 825 826 827 828 829 830 831 832 833 834 835 836 837 838 839 840 841 842 843 844 845 846 847 848 849 850 851 852 853 854 855 856 857 858 859 860 861 862 863 864 865 866 867 868 869 870 871 872 873 874 875 876 877 878 879 880 881 882 883 884 885 886 887 888 889 890 891 892 893 894 895 896 897 898 899 900 901 902 903 904 905 906 907 908 909 910 911 912 913 914 915 916 917 918 919 920 921 922 923 924 925 926 927 928 929 930 931 932 933 934 935 936 937 938 939 940 941 942 943 944 945 946 947 948 949 950 951 952 953 954 955 956 957 958 959 960 961 962 963 964 965 966 967 968 969 970 971 972 973 974 975 976 977 978 Forward → End