learningandfinance.com

Business

UK opposition leader links terrorism to foreign wars

Labour Party leader Jeremy Corbyn risked being assailed for politicizing the Manchester Arena attack that killed 22 people by claiming that his party would change Britain's foreign policy if it takes power after the June 8 vote by abandoning the "war on terror".

Business

All you need to know about the OPEC's oil pricing gimmicks

It is unknown whether the newly admitted African member of OPEC is going to participate in the current oil production cut but OPEC officials have been seeing over the past month that more oil producers need to join the cartel's action in order to drive up the global oil prices .

Business

Republican congressional candidate wins election after 'bodyslams' reporter

The Gallatin County Sheriff's office later charged Gianforte with misdemeanor assault , CNN reported. Gianforte's body slam of Guardian reporter Ben Jacobs was just the last low blow. Greg Gianforte was charged with assault on the eve of the special election. According to the Associated Press , with 98 percent of the vote in, Gianforte was winning 50 percent to Quist's 44 percent.

Business

Texas Shale Producers 'Forced' OPEC Extension, Texas Oil Regulator Says

Amid expectations of the cuts being extended, the oil market remained stable. But any uptick in prices may be modest and temporary. This has slowed the market's rebalancing with global crude stocks still near record highs. shale fields, an increase of more than 120 percent compared to a year ago. Saudi Arabia , the largest producer among OPEC member states, openly supports the extension plan, though some other member states are suggesting a deeper oil cut.

Business

President Trump Appears to Push Aside Montenegro Prime Minister at North Atlantic Treaty Organisation

Ahead of the day's events, Trump and French President Emmanuel Macron met for a talk and a handshake-which lasted an excruciatingly long time-instead of Trump's usual, but equally as awkward, " tug and pull ". He also made his presence felt at his first NATO summit, literally, pushing his way past Montenegro's prime minister, Dusko Markovic , whose country joins the organisation next month, in footage that went viral.

Business

Oil plunges 5 percent on disappointment with OPEC cuts

The Organization, Russia , and other major oil producers agreed to curb production by 1.8 million barrels per day ( bpd ) for six months from January 1 to support the market and push prices to $60 per barrel. Brent crude oil dropped as much as $1.24 a barrel to a low of $52.72 before regaining some ground to trade 80 cents lower at $53.16 by 1100 GMT. "All indications are solid that a nine-month extension is the optimum, and should bring us to within the five-year average of inventories by ...

Business

9 burnt alive in Bihar bus fire

The vehicle, owned by Baba Transport, was on its way to Sheikhpura from Patna . Police said the incident took place at around 5.45 pm when the bus, on way to Barbigha in Sheikhpura district from Patna , reached Harnaut, which falls in Nalanda, the native district of chief minister Nitish Kumar .

Business

Stable gas prices expected to boost Memorial Day road trips

Summer-grade gasoline has lower volatility, reducing evaporative emissions that can cause ground-level ozone pollution. In recent years, prices have risen 35 to 70 cents per gallon heading into Memorial Day , says Patrick DeHaan, an analyst for the price-comparison site GasBuddy.

Business

JD Sports Fashion PLC (JD) Price Target Raised to GBX 500

The Company's segments include PGM Operations, Evaluation, Exploration and Other. JD Sports Fashion Plc is a multichannel retailer of sports fashion and outdoor brands. VFC's profit will be $123.79 million for 42.90 P/E if the $0.31 EPS becomes a reality. After $0.92 actual EPS reported by J B Hunt Transport Services Inc for the previous quarter, Wall Street now forecasts 2.17% EPS growth.

Business

US economy grows at tepid 1.2 percent; business spending softens

But the 2018 budget proposal he rolled out this week foresaw a smaller, 3 percent rate of economic expansion, and analyst say that rate, which hasn't been reached on a sustained basis in more than two decades, is also unlikely. Economists polled by Reuters had expected GDP growth would be revised up to a 0.9 percent rate. The chief economist of PNC Bank, Gus Faucher, says growth is "bouncing back" in the second quarter.

Business

The Manchester Attacker Likely Did Not Act Alone, British Home Secretary Says

Abdel-Basit Haroun, the former security official, said Wednesday he personally knew the elder Abedi. British police are seeking to control the flow of information to protect the operation, Home Secretary Amber Rudd told BBC Radio 4's " Today " program, CNN reported .

Business

Slight decline in Polls for Tories Says ICM

However, the reforms would mean that for the first time, calculations of how much would have to be paid by elderly people receiving care in their own homes would take into account the value of the home. The Labour Party, says ICM, at 33 percent has regained some of the ground it lost in previous months and has " won the short term manifesto battle ", but with a 14 percent lead it is still the Tories election to lose.

Business

Jury to hear closing arguments in Oklahoma officer's trial

The video taken of Crutcher's shooting by the dashboard camera and helicopter shows Crutcher walking away from Shelby toward his SUV with hands above his head . A white policewoman in the U.S. state of Oklahoma, who was accused of fatally shooting an unarmed African American man, has been acquitted from all charges.

Business

Paul Ryan: Montana GOP candidate who 'body-slammed' reporter 'should apologize'

Gianforte was charged Wednesday evening with misdemeanor assault against Ben Jacobs, a reporter for The Guardian . After Gianforte told Jacobs to ask his spokesman, there's sound of a scuffle and Gianforte shouting. This, and the ongoing progressive alarm at the Trump Presidency, helped Quist gather six million dollars in campaign donations. In his victory speech , Gianforte echoed numerous themes of Trump's campaign.

Business

Alexion Pharmaceuticals, Inc. (ALXN) Stock Rating Reaffirmed by Deutsche Bank AG

It has underperformed by 34.82% the S&P500. BMO Capital Markets reaffirmed an "outperform" rating and issued a $158.00 price objective (down previously from $166.00) on shares of Alexion Pharmaceuticals in a report on Sunday, February 19th.

Business

Emis Group Plc (EMIS) Insider Sells £67156.16 in Stock

The shares were acquired at an average price of GBX 138 ($1.80) per share, with a total value of £34,500 ($44,880.97). Aviva plc is a holding company. About 134,633 shares traded. CRH PLC (ADR) (NYSE:CRH) has risen 6.00% since April 17, 2017 and is uptrending. Burberry Group plc is a manufacturer, wholesaler and retailer of luxury goods.

Business

Trump told Russians firing 'nut job' Comey eased pressure on investigation

Trump told senior Russian officials, in the Oval Office, that he fired Comey to relieve the pressure of an investigation into whether their government was colluding with his campaign. It appears to be another incidence of Trump claiming he fired Comey because of the Russian investigation, contradicting the official reason given by the White House.

Business

Harvard dropout Facebook CEO gets degree after 13 years

Zuckerberg said that on his tour around the states, he met opioid addicts and others who had fallen on hard times with factory closings, who said they might not have suffered if they had something to do. Back in March, Zuckerberg appeared in a brief skit on Harvard's YouTube channel in which he asked Bill Gates-co-founder of Microsoft, Harvard alumnus (though he also didn't graduate) and the university's commencement speaker 10 years ago in 2007-for some advice.

Business

North Korea Missile Test Could Derail New South Korean President's Peace Effort

He pointed to worsening relations between Beijing and Pyongyang as the United States has increased pressure on China to act to rein in North Korea's nuclear program. The crazed leader fired the mid-to-long range missile from a site near Pyongyang before it flew 700km (435 miles) into the Sea of Japan near Russian Federation yesterday (May 14).

Business

#TBT - Watch When Mark Zuckerberg Found Out He Was Accepted Into Harvard

The 33-year-old Zuckerberg spoke of himself as a member of the same "millennial" generation as that of Harvard's graduates. While Facebook still appears to be functional for much of the country, the social media giant appears down for much of the western US Thursday, with the first reports of outages beginning this morning.

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.


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