Business

Fed Set to Wind Down Trillion-Dollar US Balance Sheet

Prime Minister Theresa May's Conservative Party's lead ahead of the June 8 election was reduced to five points. USA stocks ended up slightly on Wednesday, with the S&P 500 hitting a record high close , after minutes of the Federal Reserve's latest meeting showed policymakers view a rate hike coming soon.

Business

OPEC Extends Oil Output Cut By 9 Months

Non-OPEC countries led by Russian Federation chipped in with another 600,000-barrel reduction. Global oil cuts have helped push crude prices above $50 a barrel in 2017, which has helped member-nations sustain their revenues, as majority of them rely heavily on energy revenues.

Business

Precision Drilling Corp (PDS) Earning Somewhat Positive News Coverage, Analysis Finds

They now have a buy rating on the oil and gas company's stock. Whereas they predicted High and Low Earnings Estimate as $-0.12 and $-0.18 respectively. The company has market cap of $1.54 billion. The oil and gas company reported ($0.06) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.11) by $0.05.

Business

Smoke Shoots From Burning Oil Tank, 3 Injured

Workers were doing maintenance on an Anadarko oil tank battery when the fire sparked at about 3:15 p.m. on a site near Colorado 66 and Colorado Boulevard, according to the sheriff's office. "Timing will be influenced by the ongoing investigations", he said. The National Transportation Safety Board has stepped into the lead of the investigation to probe whether the pipelines have any safety issues that could have a national impact.

Business

Greek ex-premier Lucas Papademos wounded in Athens bombing

Authorities say the daytime left the 69-year-old Papademos with non-life-threatening injuries. Police said Papademos's police escort had been in a auto behind the former prime minister's vehicle, and that the other two wounded were Bank of Greece employees.

Business

First flight of New Zealand rocket reaches space, but not orbit

Peter Beck, chief executive and founder of Rocket Lab, explained on Wednesday : "Because this is a test launch, our weather constraints are more restrictive than they will be during commercial operations". Unfortunately, it was supposed to reach a stable orbit, but the rocket failed to do so. "Nobody thought to get into the space industry (before now)", he said.

Business

Hewlett Packard Enterprise Co (HPE) Shares Sold by Texas Permanent School Fund

Reilly Financial Advisors LLC boosted its stake in shares of Hewlett Packard Enterprise by 5.3% in the first quarter. Following volatility data can help measure how much the stock price has fluctuated over the specified time period. Hewlett Packard Enterprise's dividend payout ratio is now 14.21%. ILLEGAL ACTIVITY NOTICE: This article was originally posted by Stock Observer and is owned by of Stock Observer.

Business

Sinclair Pharma PLC (SPH) Receives Consensus Recommendation of "Buy" from Brokerages

It has by 0.00% the S&P500. Among 10 analysts covering Convatec Group Plc (LON:CTEC), 6 have Buy rating, 0 Sell and 4 Hold. Therefore 61% are positive. The stock was acquired at an average cost of GBX 130 ($1.68) per share, for a total transaction of £49,712 ($64,169.36). Close Brothers Group plc (LON:CBG) has risen 6.00% since April 19, 2017 and is uptrending.

Business

OPEC extends production cuts

However, despite the 50% drop in three years, the measure to limit production has stabilized the market, temporarily at least. OPEC comprises 13 nations which collectively account for 40 per cent of global oil production, 73 per cent of the world's oil reserves and set the tone for happenings in the oil industry.

Business

OPEC: when meeting expectations are simply not enough

Oil prices tumbled a few dollars after the OPEC announcement as some investors wanted deeper cuts. OPEC could decide to return production to pre-cut levels as the cartel may not want to lose its market share and look to raise revenues through volumetric growth.

Business

Asian shares gain, tracking Wall St advance, oil price rally

Those moves have pulled the dollar's index against a basket of six major currencies down to 97.028, near Monday's 6-1/2-month low of 96.797. Earlier, Asian stocks, as measured by MSCI .MIAPJ0000PUS gained nearly 1 percent to a two-year high.

Business

ITC Q4 net profit up 12% to Rs 2669.47 cr

Profit before tax for the segment saw a 8 per cent year-on-year rise to Rs 3,259 crore (Rs 3,019 crore). "The modest recovery in growth during the quarter, after severe disruption in operations in Q3, was driven mainly by Agri commodities, Branded Packaged Foods businesses, Personal Care Products Business, which was partially offset by ongoing pipeline calibration in the Education and Stationery Product Business and lower consumer offtake & heavy discounting in Apparel", the company said.

Business

US jobless claims rose slightly to 234000 last week

MarketWatch reports the number of Americans applying for and receiving unemployment benefits continues to drop to levels last seen almost a half century ago, a sign the USA labor market remains quite robust eight years into an economic expansion.

Business

After dropping out, Mark Zuckerberg finally gets his Harvard degree

Zuckerberg is slated to give his speech around 3 p.m. "We're all going to change jobs and roles many times, so we need affordable child care to get to work and health care that's not tied to one employer". It's not a battle of nations but of ideas, he said. "Even global changes start small - with people like us". "I can't even say his name because I don't want to put him at risk" of deportation, Zuckerberg said.

Business

Trump and French President Macron Meet, Shake Hands

Naturally, Twitter users noticed the latest installment in Trump's freakish handshake tour and shared their thoughts on Macron's challenging grip. The French leader held the shake for a few seconds more. It will be interesting to see how Trump and Macron work together, given they have starkly different perspectives on an array of issues.

Business

Manchester bomber Abedi told mom 'forgive me' before attack

The New York Times published pictures which appeared to show parts of the bomb as well as torn fabric from the attacker's rucksack. The rare dispute with Washington's closest intelligence partner flared Thursday when police authorities in Manchester briefly interrupted sharing information with their American counterparts.

Business

S&P Issues Negative Outlook on Exxon Mobil

The rating was initiated by DA Davidson with "Buy" on Thursday, June 9. With almost all companies in the S&P 500 Index (SPX ) reporting first quarter profits, aggregate earnings for companies in the index are trending towards a 13.6% gain versus the same period in 2016, according to data from FactSet cited by the Wall Street Journal .

Business

Oil remains weak after OPEC-led output cut extension falls below expectations

The production cuts have helped push oil back above US$50 (RM214) a barrel this year, giving a fiscal boost to producers, many of which rely heavily on energy revenues and have had to burn through foreign-currency reserves to plug holes in their budgets.

Business

Did Trump really favor Macron in France?

Newly-elected French president Emmanuel Macron had to endure not one, but two, awkward handshake showdowns with Donald Trump in Brussels . Trump's aversion to hand-shaking seemed to lessen over the course of the USA presidential campaign.

Business

Mark Zuckerberg's Harvard Commencement Speech Goes Viral After Closed-Caption Fail

Facebook's CEO returned to Harvard to speak to its graduating class on Thursday, telling them it is up to their generation to create a objective for today's world, to care about others, to fight inequality and strengthen the global community.

Business

Wood Mac: Don't expect an OPEC-fueled rally in crude oil prices

In December, OPEC agreed its first production cuts in a decade and the first joint cuts with non-OPEC, led by Russian Federation in 15 years. OPEC renewed an agreement with a dozen other crude-oil producers to withhold supplies into March 2018 in an attempt to raise prices despite increasing output from US shale oil producers, the Wall Street Journal reports .

Business

School holds memorial for 'beautiful' Saffie killed in Manchester terror attack

Around 60 people were also injured, many critically, as the bomb exploded in the arena's foyer as fans left a concert by U.S. pop star Ariana Grande. She had been posted as missing after the attack, and her family circulated desperate appeals to find her.

Business

Donald Trump shoves NATO leader aside

The President said others needed to comply with their financial obligations toward the Alliance in order to guarantee their common defence and accused 23 of NATO's 28 members of not paying their dues. Diplomatic sources said some member states such as France , Germany and Italy had opposed such a move for fear the alliance would be dragged into a ground war and risk relations with Arab powers.

Business

Jared Kushner under Federal Bureau of Investigation scrutiny in Russia Probe

The FBI , several congressional committees and a special counsel appointed by the Justice Department are looking into allegations of meddling by Russia in the 2016 US election and possible ties between Trump's presidential campaign and Russian officials seeking to influence the election.

Business

Leading Montana newspapers pull endorsements of Greg Gianforte

Republicans have held the state's lone congressional seat for two decades. The controversial legislation had become a key point in the contest, with Quist - a quasi-famous folk singer in the state - seizing upon it as he looked to build resistance to Trump and the Republican agenda in a solidly red state the president carried by 20 points last November.

Business

South Korea Fires Warning Shots At Unidentified Object From North Korea

Brooks said, according to Yonhap News , a "very unsafe situation" is looming over the peninsula as North Korea carried out missile launches, claiming to be capable of carrying nuclear warheads. It says the program is necessary to counter US aggression. According to Australian foreign minister Julie Bishop, if North Korea was recognised as a nuclear weapons state, "then Japan and [South] Korea would have little option than to develop their own nuclear weapons capability".

Business

Centre bans sale of cattle for slaughter at animal markets

The Centre has banned sale of cattle in animal markets for slaughter and livestock will only be sold to persons providing undertaking that the animals are bought for agriculture objective after verifying revenue documents that purchaser is an agriculturist.

Business

New French Prime Minister Described himself as a Man of the Right

The pair said they are both prepared even to implement treaty changes if needed. "First we need to work on what we want to change, and then if it turns out it needs a treaty change, then we're prepared to do that", she said. Speaking about possibility of The Republicans' members joining Macron's government, Rachline considered it possible. Philippe will provide a counterweight to the Socialist Party legislators who have defected to REM and its "neither left nor right" cause.

Business

Greg Gianforte wins special election in Montana

Now, it's become a test of whether a candidate's behavior is more important than partisan leanings. Republican Greg Gianforte won a special election for Montana's at-large U.S. Montana voters are heading to the polls Thursday to decide a nationally watched congressional election amid uncertainty in Washington over President Donald Trump's agenda and his handling of the country's affairs.

Business

Who Is Hashem Abedi? Brother Of Manchester Attacker Arrested For ISIS Ties

Mahmoud said the imam regularly preached against radicalization. Three more people were arrested in South Manchester on Wednesday concerning the attacks, one of which was reported to be Abedi's brother. The government Tuesday night raised the threat to "critical", its highest level, following an emergency Cabinet session. "All tours, events and banqueting will be cancelled with immediate effect", according to a statement issued Wednesday.

Business

Saudi Cartoonists Show Trump Morphing From Enemy To Partner

Trump showed little sign of the pressure during a day of diplomacy on Saturday during which he was warmly welcomed by Saudi King Salman . Attention of the summit participants was drawn to the prevention of threats to peace, preservation of national and religious values and culture of all countries.

Business

South Carolina's poor take a hit in Trump budget plan

While Mr Mulvaney gets the basic measure correct, his claim about the debt relative to growth is also suspect because of the administration's economic assumptions, which include an overly optimistic projection of economic growth . The House bill would relax numerous Obama statute's consumer protections, kill its mandate that people buy coverage, trim federal subsidies for insurance purchasers and cut the Medicaid program for lower-income and disabled people.

Business

In Montana's special, it's time to count the votes

The multimillionaire technology entrepreneur is an enthusiastic Trump backer, and his victory was seen as an endorsement of Trump. Gianforte urged Montana voters to send him to help Trump "drain the swamp", brought in Vice President Mike Pence and first son Donald Trump Jr.to campaign for him and was supported by millions of dollars of ads and mailers paid for by Republican groups.

Business

Vettel on top in second practice

Hamilton topped the times in the morning session, but in the second session could not better eighth, while teammate Valtteri Bottas was 10th. Nevertheless, the transition appeared seamless for Button, even though he has not driven an F1 auto in seven months.

Business

Why the Iranian Regime Is Worrying the USA and Middle Eastern Allies

If Ebrahim Raisi - a hard-line conservative and former prosecutor general who is skeptical about the effect of the accord - had won the presidency, Iran would have gone back to adopting an anti-U.S. "The victor of the elections is you, the Iranian people, and the Islamic establishment, which has managed to win the increasing trust of this big nation despite the enemies' plot and effort", he said in an official statement.


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 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 372 373 374 375 376 377 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 393 394 395 396 397 398 399 400 401 402 403 404 405 406 407 408 409 410 411 412 413 414 415 416 417 418 419 420 421 422 423 424 425 426 427 428 429 430 431 432 433 434 435 436 437 438 439 440 441 442 443 444 445 446 447 448 449 450 451 452 453 454 455 456 457 458 459 460 461 462 463 464 465 466 467 468 469 470 471 472 473 474 475 476 477 478 479 480 481 482 483 484 485 486 487 488 489 490 491 492 493 494 495 496 497 498 499 500 501 502 503 504 505 506 507 508 509 510 511 512 513 514 515 516 517 518 519 520 521 522 523 524 525 526 527 528 529 530 531 532 533 534 535 536 537 538 539 540 541 542 543 544 545 546 547 548 549 550 551 552 553 554 555 556 557 558 559 560 561 562 563 564 565 566 567 568 569 570 571 572 573 574 575 576 577 578 579 580 581 582 583 584 585 586 587 588 589 590 591 592 593 594 595 596 597 598 599 600 601 602 603 604 605 606 607 608 609 610 611 612 613 614 615 616 617 618 619 620 621 622 623 624 625 626 627 628 629 630 631 632 633 634 635 636 637 638 639 640 641 642 643 644 645 646 647 648 649 650 651 652 653 654 655 656 657 658 659 660 661 662 663 664 665 666 667 668 669 670 671 672 673 674 675 676 677 678 679 680 681 682 683 684 685 686 687 688 689 690 691 692 693 694 695 696 697 698 699 700 701 702 703 704 705 706 707 708 709 710 711 712 713 714 715 716 717 718 719 720 721 722 723 724 725 726 727 728 729 730 731 732 733 734 735 736 737 738 739 740 741 742 743 744 745 746 747 748 749 750 751 752 753 754 755 756 757 758 759 760 761 762 763 764 765 766 767 768 769 770 771 772 773 774 775 776 777 778 779 780 781 782 783 784 785 786 787 788 789 790 791 792 793 794 795 796 797 798 799 800 801 802 803 804 805 806 807 808 809 810 811 812 813 814 815 816 817 818 819 820 821 822 823 824 825 826 827 828 829 830 831 832 833 834 835 836 837 838 839 840 841 842 843 844 845 846 847 848 849 850 851 852 853 854 855 856 857 858 859 860 861 862 863 864 865 866 867 868 869 870 871 872 873 874 875 876 877 878 879 880 881 882 883 884 885 886 887 888 889 890 891 892 893 894 895 896 897 898 899 900 901 902 903 904 905 906 907 908 909 910 911 912 913 914 915 916 917 918 919 920 921 922 923 924 925 926 927 928 929 930 931 932 933 934 935 936 937 938 939 940 941 942 943 944 945 946 947 948 949 950 951 952 953 954 955 956 957 958 959 960 961 962 963 964 965 966 967 968 969 970 971 972 973 974 975 976 977 978 979 980 981 982 983 984 985 986 987 988 989 990 991 992 993 994 995 996 997 998 999 1000 1001 1002 1003 1004 1005 1006 1007 1008 1009 1010 1011 1012 1013 1014 1015 1016 1017 1018 1019 1020 1021 1022 1023 1024 1025 1026 1027 1028 1029 1030 1031 1032 1033 1034 1035 1036 1037 1038 1039 1040 1041 1042 1043 1044 1045 1046 1047 1048 1049 1050 1051 1052 1053 1054 1055 1056 1057 1058 Forward → End