Finance


Rand softer as Bank of England turns hawkish Rand softer as Bank of England turns hawkish
- February 10, 2018

The Bank also released the letter sent by governor Mark Carney to the Chancellor of the Exchequer, Philip Hammond, to explain why inflation had breached the target rate of 3% in November. Average annual growth is set to ease back to 1.7 per cent in 2019 - in line with its November forecast - and remain at 1.7 per cent in 2020. Today's decision to maintain the Bank Base Rate at 0.5% was not a surprise, not least after the wobbles in markets earlier this week and the previous comments from ... (more...)
Sad Face: LL Bean Just Tightened Its Super Generous Return Policy Sad Face: LL Bean Just Tightened Its Super Generous Return Policy
- February 10, 2018

L.L. Bean has ended its unlimited returns policy. A Business Insider reporter put the policy to the test last year by returning four-year-old shoes with broken stitching. On Friday, beloved cozy and outdoors-y things retailer L.L. Bean announced that it would end its famed lifetime return policy. It let generations of customers know that if they became unsatisfied with a purchase for any reason , at any point, L.L.Bean was willing to accept the item back. (more...)
National Pizza Day 2018: Fun Facts and Deals National Pizza Day 2018: Fun Facts and Deals
- February 10, 2018

The prestigious eatery is offering a $7.99 carryout special on large or pan two-topping pizzas. Those items include everything from a medium two-topping pizza to an eight-piece chicken wing meal, and so much more. At Little Ceasars , get an upgrade for $1 for the extra most "bestest" pepperoni pizza! Chuck E. Cheese's - Chuck E. Cheese's offers these coupons for deals like $ 2 off any large pizza , and more. (more...)
Frontier Airlines adds flights from Jacksonville to Austin Frontier Airlines adds flights from Jacksonville to Austin
- February 09, 2018

The airline began servicing Buffalo in December with nonstop flights to Fort Myers, Miami, Orlando, and Tampa. According to a release, the flights will go to Islip, N.Y., Denver, Colo. Frontier Airlines is about to take you to high places. The number of non-stop flight destinations available to travelers from San Antonio keeps growing. (more...)
College student says airline made her flush prized hamster down toilet College student says airline made her flush prized hamster down toilet
- February 09, 2018

College student Belen Aldecosea claims she had to flush her emotional-support hamster Pebbles down a toilet because of bad information from Spirit Airlines. Aldecosea said she flushed her beloved pet only after trying six different rental vehicle agencies. "To be clear, at no point did any of our agents suggest this guest (or any other for that matter) should flush or otherwise injure an animal", spokesman Derek Dombrowski said. (more...)
Healthcare, banking stocks lift equity indices after 7- day losing streak Healthcare, banking stocks lift equity indices after 7- day losing streak
- February 09, 2018

But bonds gained as investors sought safe havens. Its revenue from operations stood at Rs 1,390.55 crore. Shares of Divi's Laboratories (up 1.48 per cent), Glenmark Pharmaceuticals (up 0.72 per cent), Lupin (up 0.65 per cent) and GlaxoSmithKline Pharmaceuticals (up 0.37 per cent) were also up in the index. (more...)
RBI's final bi-monthly monetary policy to be out today RBI's final bi-monthly monetary policy to be out today
- February 08, 2018

For the fourth quarter of the current fiscal, the RBI estimated inflation to be at 5.1 per cent. ".fiscal slippage as indicated in the Union Budget could impinge on the inflation outlook", the bank said. In addition, the government in Budget 2018 also promised to increase the minimum support prices for farm products, which could also trigger price rise. (more...)
What Are Analysts Suggestions On Wells Fargo & Company What Are Analysts Suggestions On Wells Fargo & Company
- February 08, 2018

Mechanics Bank Trust Department sold 14,875 shares as the company's stock declined 9.26% while stock markets rallied. The financial services provider reported $0.97 EPS for the quarter, missing analysts' consensus estimates of $1.04 by ($0.07). (more...)
Cable networks carry water for Fox in Q2 beat Cable networks carry water for Fox in Q2 beat
- February 08, 2018

The firm has current ratio of 1.40 that indicates firm has capacity of total assets to cover its short-term and long term obligations. The PEG ratio for Twenty-First Century Fox, Inc .is now. They fell 4.1 percent on January 31 after the company agreed to pay more than $3 billion for five years of rights to " Thursday Night Football ", a deal that significantly expands the company's NFL commitment. (more...)
Nagaland suspense ends, 22 file papers Nagaland suspense ends, 22 file papers
- February 07, 2018

The BJP on Saturday released the names of 20 candidates. "If all the Naga NGOs and political parties could not arrive at a consensus on deferment of elections, the NPF as a recognised political party, cannot be an exception to participating in the upcoming general elections", read the NPF press statement. (more...)
BP profit surges as oil major leaves downturn behind BP profit surges as oil major leaves downturn behind
- February 07, 2018

The results come after the FTSE 100 group, whose performance has been pressured by costs related to the Gulf of Mexico oil spill, became the first European oil and gas major to resume share buybacks past year. CFO Brian Gilvary thinks crude oil prices are "ahead of where we expected them to be" and sees Brent correcting to $50-$55/bbl by year-end, which will keep a tight rein on BP's spending , with this year's capital budget capped at $15B-$16B vs. (more...)
Sector Trader's Alert: General Motors Company (NYSE:GM)
- February 07, 2018

The company has a debt-to-equity ratio of 1.54, a current ratio of 0.94 and a quick ratio of 0.79. Crossmark Global Holdings Inc. boosted its position in General Motors (NYSE:GM) (TSE:GMM.U) by 1.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. (more...)
United States trade deficit surges during Trump's first year in office United States trade deficit surges during Trump's first year in office
- February 07, 2018

In the fourth quarter of 2017, a larger than expected trade deficit depressed economic growth by slightly more than a full percentage point, so that the economy grew at just a 2.6 percent rate. Trump has repeatedly threatened to terminate the North American Free Trade Agreement unless the pact linking Canada, Mexico and the United States can be changed to terms more favorable to Washington. (more...)
Trump says memo vindicates him in 2016 election probe
- February 07, 2018

Democrats spent the weekend pushing back against the claim by President Donald Trump and some Republicans that corruption has poisoned the investigation led by special counsel Robert Mueller III into possible coordination between Trump associates and the Kremlin during the 2016 election. (more...)
Why rising bond yields causing pain to stocks Why rising bond yields causing pain to stocks
- February 07, 2018

The CBOE Volatility index, the closely followed measure of expected near-term stock market volatility, jumped 20 points to 30.71, its highest level since August 2015. He previously wrote for The Washington Post and is the author of "The Alchemists: Three Central Bankers and a World on Fire". Firstly, an improving economy and its impact on Fed policy. (more...)
Canada: Provinces Put up a Fight over Pipelines Canada: Provinces Put up a Fight over Pipelines
- February 06, 2018

At the heart of the fight between the two provinces is Kinder Morgan Canada Ltd.'s plans to almost triple the capacity of its Trans Mountain pipeline, a project that will bring landlocked Alberta bitumen through suburban Vancouver to overseas markets. (more...)
Valero Energy Partners misses 4Q profit forecasts
- February 05, 2018

About 5.03 million shares traded or 59.59% up from the average. (NYSE:PQG) has 0.00% since February 2, 2017 and is. This buyback authorization authorizes the oil and gas company to purchase shares of its stock through open market purchases. (more...)
Dow Jones industrials sink 500 points Friday Dow Jones industrials sink 500 points Friday
- February 05, 2018

The Dow Jones Industrial Average sunk more than 500 points Friday as interest rates rose, deepening the index's early week losses. The immediate catalyst for Friday's sharp decline was the jobs report, which showed the strong USA economy might finally be translating into rising wages for US workers - a sign that higher inflation could be around the corner. (more...)
Snow And Rain On The Way Snow And Rain On The Way
- February 05, 2018

Highs climb to the mid 50s in Denver on Monday with another round of snow moving in Monday night through Tuesday . Sunday night into Monday morning will have partly cloudy skies with lows in the upper-20s to lower-30s. In addition to a light accumulation of snowfall, a thin layer of ice may form, making travel in this region treacherous. The Eastern Plains will see around 1 inch of snow from Weld County all the way to the I-70 corridor. (more...)
How major United States stock indexes fared on Wednesday How major United States stock indexes fared on Wednesday
- February 04, 2018

Shares of oil majors Exxon and Chevron were down 5 percent and 3.5 percent, respectively, after reporting lower-than-expected quarterly profits. NASDAQ measures a number of indices reflecting the reaction of USA's high tech markets and business environments on the country's political and economic developments which have an impact on high tech markets. (more...)
I was not out to meet rugby players, rape accuser insists I was not out to meet rugby players, rape accuser insists
- February 04, 2018

The woman at the centre of the rape case involving two Ireland rugby players will be cross-examined today. Mr Kelly asked her: "Have you watered down either your following of rugby or your knowledge of the people who play it?" When asked if she had "watered down" either her following of rugby or knowledge of people who played she said: "Not at all. (more...)
Iranian women protest obligatory headscarf; Twitterati praise the bravery Iranian women protest obligatory headscarf; Twitterati praise the bravery
- February 03, 2018

Hosseini's family, and issuing such a heavy bail shows they meant to keep her behind bars", said Sotoudeh. On December 27, a woman later identified as 31-year-old Via Movahed became an global sensation after she stood atop a telecoms box in Tehran's Enghelab Street. (more...)
Argent Trust Co Has $572000 Position in Starbucks Co. (SBUX)
- February 03, 2018

The stock price increased 4.21% in three months and mounted 5.95% for the last six months trading period. About 382,231 shares traded. Range Resources Corporation (RRC) has declined 36.05% since January 31, 2017 and is downtrending. It also reduced its holding in Unilever Plc (NYSE:UL) by 14,132 shares in the quarter, leaving it with 95,420 shares, and cut its stake in Anheuser Busch Inbev Adr (NYSE:BUD). (more...)
Pzena's Pzena Investment Management Llc Opened Huge Gibraltar Industries, Inc Position
- February 03, 2018

About 1.56 million shares traded. Murphy Oil Corporation ( MUR ) shares dropped -1.53 percent and closed the day at $32.1. It has underperformed by 25.41% the S&P500. Annex Advisory Serv Limited Com holds 0.07% or 3,521 shares in its portfolio. Gabelli Funds Limited Liability holds 0.01% in Murphy Oil Corporation (NYSE:MUR) or 75,000 shares. (more...)
'Congressional Black Caucus Took a Knee Nearly All Night' 'Congressional Black Caucus Took a Knee Nearly All Night'
- February 03, 2018

Democrats shut the door on Trump's offer to amnesty 1.8 million illegals in exchange for border security, because keeping the borders open and hatred of Trump are more important to Democrats than the actual DACA "dreamers" whom they claim to care about. (more...)