Finance


Russia reaches 300000 b/d crude output cut under OPEC/non-OPEC deal
- May 01, 2017

Benchmark Brent crude was down 30 cents at $51.52 a barrel by 0800 GMT, nearly 9 per cent below this month's peak. OPEC is discussing extending its cuts into the second half of the year, but the group has an uphill task as oil inventories are near record levels in many parts of the world. (more...)
Immigration Issue Could Impact Outcome In French Presidential Election Immigration Issue Could Impact Outcome In French Presidential Election
- May 01, 2017

With so many presidential candidates running in our multi-party elections, they have always split the votes so that none ever got a majority of 50 percent. "Tonight, I am not the president of the National Front, I am the presidential candidate, the one who wants to gather all the French around a project of hope, of prosperity, of security", Le Pen said. (more...)
SBDC to host open house May 5 SBDC to host open house May 5
- April 30, 2017

John Hickson with the School of Business at Salisbury University says small businesses with 10 or fewer employees make up more than half of the businesses in Maryland. During Small Business Saturday 2016, it was estimated that some £717m was spent by consumers with small businesses across the country. The network provides consulting, training, and research services to help entrepreneurs and small businesses grow and succeed. (more...)
London Garden Bridge plan scrapped London Garden Bridge plan scrapped
- April 30, 2017

The project, which had been initially pushed for by the actress and activist Joanna Lumley, was seen in City Hall as a "vanity project" of former mayor Boris Johnson, who Lumley had known since he was a child. 'From the flawed procurement process, to allegations of conflict of interest, to extremely poor value for money, the Garden Bridge project has been disastrous every step of the way'. (more...)
Ford's Profits Fall 35 Percent In Difficult First Quarter Ford's Profits Fall 35 Percent In Difficult First Quarter
- April 30, 2017

The company earned a pretax profit of $2 billion in the region, down 45 percent from a year ago. The American automaker knew profits would suffer on the back of recalls and higher costs for warranties and materials. Lincoln sales rose 9 percent to just over 27,000 in the U.S. Ford's Super Duty pickups came out last fall, for example, so the company will be able to command less for it as this fall rolls around. (more...)
Portland General Electric Company (NYSE:POR) Reviewed By Analysts Portland General Electric Company (NYSE:POR) Reviewed By Analysts
- April 30, 2017

Baker Ellis Asset Management LLC now owns 21,740 shares of the utilities provider's stock worth $926,000 after buying an additional 100 shares during the period. Shareholders of record on Monday, February 27th were given a dividend of $0.24 per share. The ex-dividend date of this dividend was Thursday, March 23rd. (more...)
Trump to spend Day 100 in office talking tough on trade Trump to spend Day 100 in office talking tough on trade
- April 30, 2017

I think he was sort of playing there, but it speaks to the pride that he has in that map. This is more work than in my previous life. "Trump has done a series interviews this week to mark his 100th day as president, which is Saturday". Other issues include ratcheted up tensions with North Korea and an easing of aggressive rhetoric against China. Trump's presidency has so far seen numerous protests, including the history-making Women's March that took place the day after his inauguration, ... (more...)
Celgene Corporation (NASDAQ:CELG) recently sold by insider KAPLAN GILLA Celgene Corporation (NASDAQ:CELG) recently sold by insider KAPLAN GILLA
- April 30, 2017

One analyst has rated the stock with a sell rating, five have assigned a hold rating and twenty-two have assigned a buy rating to the company. Mizuho set a $130.00 price objective on Celgene and gave the stock a "buy" rating in a report on Sunday, February 19th. (more...)
Under Armour Losses Less Bad than Expected Under Armour Losses Less Bad than Expected
- April 30, 2017

UA has been the subject of several analyst reports. Under Armour Inc (NYSE:UA) was upgraded by Zacks Investment Research from a "hold" rating to a "buy" rating in a report issued on Saturday. If you are reading this report on another publication, it was illegally copied and republished in violation of United States and worldwide trademark & copyright legislation. (more...)
Boston Scientific Corporation (BSX) Boston Scientific Corporation (BSX)
- April 30, 2017

To make a proper assessment, investors seek a sound estimate of this year's and next year's earnings per share (EPS), as well as a strong sense of how much the company will earn even farther down the road. BTIG Research reissued a "neutral" rating on shares of Boston Scientific in a research note on Sunday, January 8th. The firm's revenue for the quarter was up 10.0% on a year-over-year basis. (more...)
W.H. says Trump-Trudeau phone call 'amicable,' Canada disagrees W.H. says Trump-Trudeau phone call 'amicable,' Canada disagrees
- April 29, 2017

Trump has criticized Canada's lumber and dairy policies, saying the latter is a "disgrace" that is hurting USA dairy farmers. "It was a very amicable call", it aid in a statement. The move, which affects some $5.66 billion worth of imports of the construction material, sets a tense tone as the two countries and Mexico prepare to renegotiate the 23-year-old North American Free Trade Agreement. (more...)
People Won't Fly United If Another Airline Has An Identical Flight People Won't Fly United If Another Airline Has An Identical Flight
- April 29, 2017

In effect, this means that United employees can still take passengers' seats, but not once they are actually seated on the plane. United chief executive Oscar Munoz said last week the airline is reviewing its policies, including incentives for customers, and hinted that there will be changes in the way local law enforcement deals with passengers aboard United flights. (more...)
EPS Predictions Review: Ford Motor Company (F) EPS Predictions Review: Ford Motor Company (F)
- April 28, 2017

Beech Hill Advisors Inc. now owns 109,775 shares of the auto manufacturer's stock worth $3,488,000 after buying an additional 31,950 shares during the last quarter. The correct version of this piece of content can be read at https://www.chaffeybreeze.com/2017/04/26/general-motors-company-gm-stock-rating-reaffirmed-by-jefferies-group-llc-updated.html. (more...)
Bank of Japan cuts inflation forecast, maintains stimulus Bank of Japan cuts inflation forecast, maintains stimulus
- April 28, 2017

Japan's economy grew by 1.2% on Y-o-Y basis, in the October to December quarter, as per the data revised in last month. "But it will probably be later than that for inflation to stably move around 2 percent". Most analysts polled by Reuters expect the BOJ's next move to be a tightening of monetary policy, though many do not expect it to happen until next year at the earliest. (more...)
Alphabet Rides Mobile Ad Binge, Ending First-Quarter Miss Streak Alphabet Rides Mobile Ad Binge, Ending First-Quarter Miss Streak
- April 28, 2017

The Google umbrella covers the company's enterprise cloud, software and data management products. The company is locked in a battle with social media company Facebook Inc FB.O in the fast-growing mobile advertising market. YouTube had come under fire for ads appearing alongside videos carrying homophobic or anti-Semitic messages, prompting a number of companies to suspend their digital ads on the video service. (more...)
American Airlines Sees TRASM Rising Up To 5% In Q2 American Airlines Sees TRASM Rising Up To 5% In Q2
- April 28, 2017

Labor is being paid first.again". American's pilots and flight attendants both ratified new five-year contracts in late 2014/early 2015, well in advance of some significant pay increases at Delta and United . In the three years since he merged US Airways with American Airlines , Chief Executive Officer Doug Parker has been a preacher of sorts, arguing that it's a new world order for USA carriers and that the bad old days are over. (more...)
Illinois House Advances Abortion Bill HB40 Illinois House Advances Abortion Bill HB40
- April 28, 2017

It will be a clear litmus test as to who supports reproductive rights and who does not", said Illinois Rep. Michael Madigan, which might exactly be the point - a vote providing clear campaign material for 2018. "K-12 education, higher education and social services need urgent, real solutions, not another stopgap that keeps growing Illinois' backlog of unpaid bills", Skillicorn said. (more...)
Earnings On Deck For PulteGroup, Inc Earnings On Deck For PulteGroup, Inc
- April 28, 2017

Raymond James Trust N.A. increased its position in shares of PulteGroup by 1.3% in the third quarter. Insiders have sold 670,790 shares of company stock worth $14,614,763 over the last ninety days. The ex-dividend date was Wednesday, March 8th. The stock now has its Annual Dividend of $0.36 and an annual Dividend Yield of 1.51 Percent. That suggests something of the likelihood of a short squeeze in shares of PHM. (more...)
Jennifer Lopez talks Alex Rodriguez romance Jennifer Lopez talks Alex Rodriguez romance
- April 27, 2017

It's obvious. We've been having a great time... The two came out onstage, and while Emme sat on mom's lap, Max - at first - hid behind Jennifer's chair. J. Lo said no, because, "momma don't sleepover on the first date". "He sent me a text message saying "Let's have dinner" and I said 'OK.' We had a very nice dinner, " explained the 47-year-old star as detailed on ABC News . (more...)
Yahoo ups revenues, profit in Q1 as it nears Verizon close Yahoo ups revenues, profit in Q1 as it nears Verizon close
- April 27, 2017

After the market opened on Wednesday morning, Yahoo shares were up 0.19% at $47.65. Ltd. raised its stake in shares of Yahoo! by 3.2% in the third quarter. Its cost of revenue (TAC) increased from $228 million a year ago from $494 million and adjusted EBITDA rose from $147 million to $188 million. That is up from the prior-year figure of 8 cents per share. (more...)
Texas Instruments Incorporated (TXN) Raised to Strong-Buy at Vetr Inc Texas Instruments Incorporated (TXN) Raised to Strong-Buy at Vetr Inc
- April 27, 2017

Gamble Jones Investment Counsel increased Texas Instruments Inc (TXN) stake by 4.77% reported in 2016Q4 SEC filing. Bartlett & Co. LLC raised its stake in shares of Texas Instruments by 9.3% in the third quarter. If you are viewing this article on another domain, it was illegally stolen and reposted in violation of USA and worldwide copyright & trademark law. Texas Instruments had 50 analyst reports since July 24, 2015 according to SRatingsIntel. (more...)
Trump orders review of financial rules to prevent future crises Trump orders review of financial rules to prevent future crises
- April 27, 2017

If Trump plans on passing his tax plan through budget reconciliation that is likely to deliver complications. Those meetings were launched in response to a February 3 executive order that called for "core principles for regulating the United States financial system". (more...)
Amtrak considering closing Penn Station tracks for repairs Amtrak considering closing Penn Station tracks for repairs
- April 27, 2017

LIRR and NJ Transit officials have complained that their agencies have to bear the brunt of the delays and cancellations when there is a problem, while Amtrak continues to run most of its lines normally. Amtrak brass on Thursday will let MTA officials know just how much Long Island Rail Road service at Penn Station may suffer under an extensive fix program being planned. (more...)
AT&T sheds more lucrative wireless customers in 1Q AT&T sheds more lucrative wireless customers in 1Q
- April 26, 2017

Revenue fell 2.7% to $39.37 billion. DirecTV's USA customer base remained unchanged in the first quarter of 2017, while AT&T's U-verse TV service continued to shrink - dropping 233,000 subs in the period. It was the first time both companies had lost wireless customers. The results underscore the company's strategy to realign the business to drive growth around media through the $85.4 billion purchase of Time Warner Inc. (more...)
US ex-officials to testify at Russia probe
- April 26, 2017

The House and Senate intelligence committees - whose staffers have security clearance - have led the probes in recent months. Given how badly Republicans are dragging their feet and the lengths to which the House Intelligence Committee chairman went to assist the White House in distracting the public, there is reason to doubt that any congressional arrangement will inspire confidence. (more...)