Finance


DXB reports record 83.6m passengers in 2016
- January 27, 2017

Dubai Airports, the government-controlled holding of Dubai International Airport (DXB), said here on Tuesday the Middle East's biggest civil aviation hub recorded an annual traffic to 83.6 million passengers in 2016, representing a year-on-year growth of 7.2 percent. (more...)
Nordea Investment Management AB Sells 540697 Shares of Baker Hughes Incorporated (BHI)
- January 27, 2017

Over the past 50 days, Baker Hughes Incorporated stock was -8.62% off of the high and 8.44% removed from the low. According to Zacks Investment Research , " Baker Hughes Inc .is engaged in the oilfield and process industries". Argus reissued a "buy" rating and issued a $65.00 target price (up from $56.00) on shares of Baker Hughes in a research report on Tuesday, November 1st. (more...)
Ford hourly USA workers to get $9000 profit-share bonus
- January 27, 2017

Ford Motor Company shares rose $0.02 (+0.16%) in premarket trading Thursday. Excluding one-time items, Ford's profit was 30 cents a share, matching the estimates of analysts polled by Thomson Reuters I/B/E/S. The automaker today reported a drop in net income of $800 million in the fourth quarter due in part to a pension accounting, but a total gain of $4.6 billion for the year. (more...)
Freeport-McMoRan posts profit, revamps copper ops
- January 27, 2017

Price Target is basically a projection of future price of a company's stock by the expert analysis of investment analysts or investment firms. Several institutional investors have recently modified their holdings of the company. (NYSE: FCX ) in which Deutsche Bank Downgrades Freeport-McMoRan Inc. The Q1 2017 consensus earnings estimates for the company have stabilized at US$0.4 per share. (more...)
J&J bid lets Actelion have $30 bln cake and eat it
- January 27, 2017

The deal was unanimously approved by both boards. The NewCo will be led by Actelion's current team, including founder and CEO Jean-Paul Clozel, who remains as chief, and Jean Pierre Garnier, current chairman of Actelion, who becomes chair of R&D NewCo. (more...)
United Kingdom vehicle production at highest level for 17 years
- January 27, 2017

The viability of the auto industry was at stake, said Mr Hawes, adding that if tariffs were imposed after the United Kingdom leaves the single market, the price of cars could increase by £1,500. "We don't know what our future trade relationship will be with Europe and ultimately with other export markets", SMMT CEO Mike Hawes said. Notable uplifts were also seen in Turkey, Japan and Canada whilst China, third on the list of export markets, grew by a more modest 3.1% with 88,610 vehicles ... (more...)
AG: New information links missing woman, Allenstown murder mystery AG: New information links missing woman, Allenstown murder mystery
- January 27, 2017

Evans was the father of one of the girls who was found in the drums. New Hampshire Assistant Attorney General Jeffery Strelzin left open the possibility that Evans will be linked to more unsolved murders. Kim Fallon, the chief forensic investigator for the New Hampshire Medical Examiner's Office, provided ages and descriptions of the girls Evans allegedly killed. (more...)
Dow hits 20000 for first time ever
- January 26, 2017

Corporate earnings added to the bullish sentiment, with Boeing the latest company to post results that topped expectations. Among other reports this week, surveys of economists predict unemployment claims will stay at a low level consistent with a healthy job market, and the US trade deficit will improve (narrow). (more...)
The Plancorp LLC Has $8155000 Position in Boeing Company (The) (BA) The Plancorp LLC Has $8155000 Position in Boeing Company (The) (BA)
- January 26, 2017

The aerospace firm posted core earnings, a non-GAAP measure, of $2.47 per share, compared with the prior-year period's $ 1.60 per share. The company said its bottom line rose to $2.06 billion, or $2.47 per share. Boeing has had to make modifications to the tanker design in the course of development - but Dennis Muilenburg, the company's chairman, president and CEO, said the KC-46 will be "a great long-term franchise program". (more...)
Stocks on the Move Schlumberger Limited. (NYSE:SLB), BB&T Corporation (NYSE:BBT) Stocks on the Move Schlumberger Limited. (NYSE:SLB), BB&T Corporation (NYSE:BBT)
- January 26, 2017

When it comes to the Analysis of a Stock, Price Target plays a vital role. One analyst has rated the stock with a sell rating, five have given a hold rating, twenty-five have given a buy rating and one has issued a strong buy rating to the company. (more...)
Alibaba shares rise on quarterly revenue surge
- January 25, 2017

The company's record-breaking Singles Day (November 11 - 11/11) sales total of $17.8 billion easily eclipsed the U.S. Black Friday through Cyber Monday online shopping weekend sales total of $12.8 billion. Stateside regulators are also reportedly investigating Alibaba's accounting practices. Its online marketplaces, Taobao and Tmall, are its most important sources of income, with a joint 46.58 billion yuan (6.3 billion euro) turnover, which is a 45 % increase. (more...)
Toyota Motor to add 400 jobs at IN assembly plant Toyota Motor to add 400 jobs at IN assembly plant
- January 25, 2017

The company also said the investment will pay for advanced technologies and make the plant more competitive. He has also criticized automakers including Toyota for producing cars in neighboring Mexico for export to the United States and on Tuesday will have breakfast with the chief executives of General Motors, Ford Motor and Fiat Chrysler Automobiles to discuss boosting US employment. (more...)
Judge Derails Aetna-Humana Megamerger
- January 25, 2017

Regarding the looming decision of Indianapolis-based Anthem's proposed $54 billion acquisition of Bloomfield, Conn. -based Cigna, Randal Schultz, a partner at Lathrop & Gage and chair of the firm's healthcare strategic business planning practice group, tellsBecker's Hospital Review's Morgan Haefner: "I'll be shocked if the other case doesn't come down the same way". (more...)
Bookies Paddy Power reveal huge cost of Trump's unexpected Presidential victory Bookies Paddy Power reveal huge cost of Trump's unexpected Presidential victory
- January 24, 2017

Fourth-quarter total revenue was 388 million pounds, up 10% from previous year (flat in constant currency). Sports betting revenue amounted to £ 299 million , reflecting a 12% increase year-on-year. This started with the unexpected U.S. election outcome, which cost the Group nearly £5m, and concluded with our European sportsbooks losing money on football bets in the month of December. (more...)
I'm cutting 75% of regulations, maybe more! I'm cutting 75% of regulations, maybe more!
- January 24, 2017

He said he planned reduce corporate taxes from the current 35 percent to as low as 15 percent. "I just want to tell you, all you have to do is stay, don't leave, don't fire your people of the United States, we have the greatest people", he said. (more...)
Vancouver housing ranked third least affordable in the world Vancouver housing ranked third least affordable in the world
- January 24, 2017

However the survey says these markets are heavily reliant on the resources sector and without it could also be ranked unaffordable. Even more troubling, according to the survey , is that since 2004 Vancouver "has experienced the greatest housing affordability deterioration among major markets". (more...)
Court blocks Aetna, Humana merger Court blocks Aetna, Humana merger
- January 24, 2017

To view the full article, register now. "The court concludes that the proposed merger is likely to substantially lessen competition in violation of section 7 of the Clayton Act in the public exchange markets in the three complaint counties in Florida". (more...)
Spokane police officer saves woman from burning auto Spokane police officer saves woman from burning auto
- January 24, 2017

He went "above and beyond" the call of duty, she says calling Officer Schwering her angle, her hero, and new best friend. Ofc. Tim Schwering was the first to arrive on scene, just before fire crews. Suddenly, her vehicle shut off and nothing worked. Then, the engine and lights shut off. He finally made a hole big enough in the window to get Novak out of the auto. (more...)
Ecclestone replaced as Formula One boss Ecclestone replaced as Formula One boss
- January 24, 2017

My position has been taken by Chase Carey ", he said. "A kind of honorary president", he said. Chase Carey , formerly the president of 21st Century Fox, was named early in the takeover bid as the operation's chairman. Maybe I will attend a Grand Prix sometime in the future. And I have enough money to me to visit a race to afford to. The Federation Internationale de l'Automobile (FIA) as the Formula 1's governing body informed about the upcoming changes. (more...)
PHH Mortgage, Capital One: Wednesday's Mortgage Rates Jan 18, 2017 PHH Mortgage, Capital One: Wednesday's Mortgage Rates Jan 18, 2017
- January 23, 2017

Freddie's Chief Economist Sean Becketti noted that 10-year Treasury yields ticked up after the recent release of the consumer price index report. 10 year ARMs start at 4.190% now with an April of 4.225% to start. The 5 year Adjustable Rate Mortgages can be had for 3.875% with an April of 4.001%. The 10 year ARM interest rates are coming out at 4.125% and the April is 4.165%. (more...)
Russian Federation has cut oil output by 100000 bpd: ministry
- January 23, 2017

Russian Energy Minister Alexander Novak on Sunday also said he was satisfied with the level of compliance shown. Representatives of OPEC and several other major oil producers are arriving in Vienna for their first meeting to monitor compliance with an agreement to cut output. (more...)
European Central Bank holds firm as calls grow for stimulus exit European Central Bank holds firm as calls grow for stimulus exit
- January 22, 2017

Meanwhile on the other coast of the Atlantic, the Federal Reserve (Fed) prepares for a hawkish monetary policy, as the U.S. economy is approaching the full employment and price targets, according to the Fed Chair Janet Yellen. Mr Lamb added: "Despite the Eurozone's halting recovery, the European Central Bank has clearly decided that it's too soon to rock the boat - and all talk of tapering has been dropkicked down the road". (more...)
Telecommunications company Avaya files for bankruptcy
- January 22, 2017

The company's received a big vote of confidence for the move from Citibank , which underwritten a $725 million financing facility to help the company through the re-jigging of its finances. Avaya said it would find ways to reduce its debt load of about $6.3 billion but also revealed that it would not sell its call center business, which it had attempted to sell to Genesys for $4 billion last August. (more...)
Smart Money Selling the Price Strength of Union Pacific Corporation (NYSE:UNP) Smart Money Selling the Price Strength of Union Pacific Corporation (NYSE:UNP)
- January 22, 2017

Analyst research plays a key role on the stock prices. Union Pacific Corporation was Initiated by Buckingham Research to Neutral on Jan 18, 2017. The company had a trading volume of 2,146,289 shares. The analyst recommendations from a month ago are 1 Buy, 10 Strong Buy, 0 Sell, 3 Hold and 9. The stock has been rated an average of 2.3 by 22 Brokerage Firm. (more...)
Bristol-Myers Squibb (BMY) Is Sinking After Opdivo Decision
- January 21, 2017

The Return on Equity (ROE) value stands at 22.7%. A transformation in the operating model to focus on accelerating pipeline development and streamlining operations bodes well for growth. Year to Date (YTD) performance of Bristol-Myers Squibb Company (NYSE: BMY ) is -4.42 percent while its Performance (Week) is -2.31 percent and Performance (month) is at -4.71 percent. (more...)