Finance


Dollar sinks on Trump healthcare blow Dollar sinks on Trump healthcare blow
- July 20, 2017

Senate showed the difficulties President Donald Trump faces passing his ambitious spending plans. Separately, weak USA inflation data on Friday and lacklustre retail sales figures also led to some analysts changing their forecasts for another interest rate rise this year from the Federal Reserve. (more...)
Oil Prices Remain High On China Demand Oil Prices Remain High On China Demand
- July 20, 2017

Last week, Goldman Sachs analysts warned in a report that crude could slump below $40 per barrel if the massive United States oil glut persists and the Organization of Petroleum Exporting Countries ( OPEC ) fails to take appropriate measures. (more...)
Watching iShares Edge MSCI MV Europe Currency Hedged ETF (HEUV)'s Trading Levels Watching iShares Edge MSCI MV Europe Currency Hedged ETF (HEUV)'s Trading Levels
- July 20, 2017

Jbs SA (JBSAY) shares are on chartist's watch as the stock is edging above the MACD Histogram zero line. The indicator is non-directional meaning that it gauges trend strength whether the stock price is trending higher or lower. This indicator compares the closing price of a stock in relation to the highs and lows over a certain time period. They may also be used to help the trader figure out reliable support and resistance levels for the stock. (more...)
Gutted To Lose Jacob Murphy - Norwich Star Reacts As Forward Joins Newcastle
- July 20, 2017

Newley promoted Newcastle United have confirmed the signing of 22-year-old winger Jacob Murphy . "I can't wait to get started", the youngster told the club's official website. Birmingham City and Sunderland have also shown an interest in Murphy , but a move to Forest is looking likely. Stuart Webber made it clear that savings would have to be made this summer and a decision has been made to part with one of the Canaries' prized assets. (more...)
Stock Churning Higher Mid-Day Vertex Pharmaceuticals Incorporated (NASDAQ:VRTX) Stock Churning Higher Mid-Day Vertex Pharmaceuticals Incorporated (NASDAQ:VRTX)
- July 20, 2017

Exxonmobil Invest Mngmt Inc Tx has 0.09% invested in Vertex Pharmaceuticals Incorporated ( NASDAQ : VRTX ). About 16.73M shares traded or 872.67% up from the average. 46 funds opened positions while 141 raised stakes. The pharmaceutical company reported $0.13 earnings per share (EPS ) for the quarter, beating the Thomson Reuters' consensus estimate of $0.04 by $0.09. (more...)
Reckitt Benckiser To Sell Food Business For USD4.20 Billion Reckitt Benckiser To Sell Food Business For USD4.20 Billion
- July 20, 2017

Reckitt Benckiser's brands include Enfamil, Nutramigen, Clearasil, Lysol, Veet, Calgon, Woolite and Air Wick. The company announced in February it would buy baby formula maker Mead Johnson for $16.6 billion. Shore Capital analyst Darren Shirley says Reckitt "is achieving a very attractive valuation for a North American food business, in our view". Rakesh Kapoor, chief executive, said the sale took Reckitt another step closer to becoming a "global leader in consumer health and hygiene", ... (more...)
Morgan Stanley (MS) Stock Pops on Strong Second Quarter Earnings Morgan Stanley (MS) Stock Pops on Strong Second Quarter Earnings
- July 20, 2017

Its results were choppy following the 2007-2009 financial crisis, and it took time for pieces of Gorman's plan to fall into place. Deutsche Bank AG upgraded Morgan Stanley from a "hold" rating to a "buy" rating and lifted their price target for the company from $42.49 to $47.00 in a report on Wednesday, March 29th. (more...)
Ideagen PLC (IDEA) Given Ideagen PLC (IDEA) Given "Corporate" Rating at FinnCap
- July 20, 2017

Among 22 analysts covering Centrica PLC ( LON:CNA ), 6 have Buy rating, 7 Sell and 9 Hold. Therefore 41% are positive. Barclays Capital maintained the shares of HOC in report on Wednesday, September 7 with "Overweight" rating. The stock of Johnson & Johnson (NYSE:JNJ) earned "Hold" rating by Societe Generale on Wednesday, April 6. JP Morgan maintained Spire Healthcare Group PLC (LON:SPI) rating on Wednesday, January 4. (more...)
At least 20 Yemeni civilians killed in airstrike, UN says At least 20 Yemeni civilians killed in airstrike, UN says
- July 20, 2017

The United States has doubled the amount of fuel it supplied to the Saudi-led coalition airplanes after a deadly on a funeral in Yemen which killed 130 civilians, according to figures obtained by the U.S. The UN refugee agency, UNHCR, said in a statement that it was "deeply shocked and saddened at reports of the deaths and injuries of a number of internally displaced persons in an aerial attack" on the area. (more...)
Cabinet approves sale of govt's stake in Hindustan Petroleum to ONGC Cabinet approves sale of govt's stake in Hindustan Petroleum to ONGC
- July 20, 2017

As far as the merger deal is concerned, ONGC will buy Government's 51.11 per cent stake in HPCL but will not have to make an open offer as the Government's holding is being transferred to another state-run firm and the ownership isn't changing. (more...)
United States oil inventories drop more than expected during latest week United States oil inventories drop more than expected during latest week
- July 20, 2017

In June, Libya and Nigeria once again saw the largest increases in oil production, with Libya producing 127,000 barrels per day more in June than in May, and Nigeria producing 96,700 barrels per day more on a month over month basis. Opec's implementation of output cuts slipped to 92 percent in June, from 110 percent in May, according to a person familiar with the matter. Last week, BP boss Bob Dudley suggested prices would not recover until 2020. (more...)
Do Analysts Think You Should Buy Scripps Networks Interactive, Inc Do Analysts Think You Should Buy Scripps Networks Interactive, Inc
- July 20, 2017

Shares of Scripps were last trading up almost 14% at $76.31, with a consensus analyst price target of $75.71 and a 52-week range of $59.32 to $83.42. Equities research analysts anticipate that E.W. Scripps Company will post $0.17 EPS for the current fiscal year. Shares for $39.39M were sold by SCRIPPS CHARLES E on Thursday, March 2. (more...)
USDA Detects a Case of Atypical Bovine Spongiform Encephalopathy in Alabama USDA Detects a Case of Atypical Bovine Spongiform Encephalopathy in Alabama
- July 20, 2017

Mad cow is the term used to describe Bovine Spongiform Encephalopathy, a disease that manifest in two different ways: "classic" or " atypical .' Analysis has found that this particular cow had the 'atypical" form of the disease, which is believed to arise spontaneously in cattle, and generally only in ones that are of an advanced age (that is, greater than 8 years old). (more...)
The top paid journalists and news presenters at the BBC The top paid journalists and news presenters at the BBC
- July 20, 2017

But previous year, the government forced the BBC to reveal the salaries of all employees earning more than £150,000 - in £50,000 bands - as a condition of its continuing right to receive £147 annual licence fee. BBC director general Lord Hall has said the BBC gender pay gap across the organisation is 10%, compared with an 18% gap across the United Kingdom as a whole. (more...)
BHP Billiton Q4 Total Iron Ore Production Up 8% BHP Billiton Q4 Total Iron Ore Production Up 8%
- July 20, 2017

Toronto Dominion Bank boosted its stake in shares of BHP Billiton Limited by 12.5% in the first quarter. The firm owned 247,415 shares of the mining company's stock after buying an additional 12,560 shares during the period. shale gas production, but also because of the divestment of Pakistan upstream gas business. BHP Billiton plc with EPIC/TICKER (LON:BLT) has had its stock rating noted as "Reiterates" with the recommendation being set at "SELL" today by analysts at Liberum Capital. (more...)
Audi Ad In China Compares Women To Preowned Cars, Sparks Backlash Audi Ad In China Compares Women To Preowned Cars, Sparks Backlash
- July 20, 2017

The woman thoroughly checks the bride by grabbing the bride's nose and ears before pinching her lip to check her teeth. A male narrator then says " an important decision must be made carefully ", according to CNN . The company can ill afford this speed bump. "I think people are being dramatic", said Beijing resident Marla Yuan. Viewers are then encouraged to visit Audi's second hand vehicle sales website. (more...)
State pension age to rise to 68 earlier than planned State pension age to rise to 68 earlier than planned
- July 20, 2017

It is welcome that, in implementing these changes, the Government appears to have learned from previous instances of state pension age rises. Being 68 years old in 2037 will not be the same as being 68 in 1948, when the modern state pension was introduced. (more...)
This Beyoncé wax work might just be the worst yet This Beyoncé wax work might just be the worst yet
- July 20, 2017

The figure is so accurate that it seems even Kylie's relatives, who include half-sister Kim and mother Kris Jenner, were tricked when she began a video chat with them, putting the waxwork in front of the camera rather than herself. "At Madame Tussauds , our talented team of sculptors take every effort to ensure we accurately color match all of our wax figures to the celebrity being depicted", a Madame Tussauds spokeswoman told TheWrap . (more...)
Granite Real Estate (GRP.U) Upgraded to Hold by Zacks Investment Research Granite Real Estate (GRP.U) Upgraded to Hold by Zacks Investment Research
- July 19, 2017

Let's take a gaze at how the stock has been performing recently. Zacks Investment Research raised Pennsylvania Real Estate Investment Trust from a "sell" rating to a "hold" rating in a report on Tuesday, May 2nd. This represents a $2.48 annualized dividend and a yield of 8.04%. "(ARE) Ex-Dividend Date Scheduled for ..." on June 27, 2017. Pennsylvania Real Estate Investment Trust's dividend payout ratio (DPR) is -182.61%. (more...)
Companies Helping Brides Affected by the Alfred Angelo Closing Companies Helping Brides Affected by the Alfred Angelo Closing
- July 19, 2017

Angelo Alfred, one of the world's largest wedding dress manufacturers, announced their Chapter 7 bankruptcy this week. "This situation has made us want to try to help as many brides as we can during this stressful situation". She said they immediately removed the dresses from the racks so customers wouldn't get their hopes up. The wedding dress retailer declared bankruptcy late Thursday, July 13, and suddenly shut down all of its stores, leaving customers without answers. (more...)