Tuesday, 25 September 2018
Latest news
Home » Economy

Economy

GlaxoSmithKline's (GSK) "Neutral" Rating Reaffirmed at Deutsche Bank

Hbk Sorce Advisory Llc who had been investing in Glaxosmithkline Plc for a number of months, seems to be less bullish one the $94.59B market cap company. Analysts await General Electric Company (NYSE:GE) to report earnings on April, 20. They expect $1.40 EPS, up 34.62% or $0.36 from last year's $1.04 per share. Read More »

Ant McPartlin WILL appear on Saturday Night Takeaway this weekend

perth_map

Ant has returned to rehab and pulled out of all TV commitments after he was arrested on suspicion of drink-driving following a three-car crash in south-west London on March 18. The Gibraltar based organisation has a commercial deal with ITV that enables them to use Ant, 42, and presenting partner Declan Donnelly for promotional work during commercial breaks on two of their biggest shows. Read More »

Californians sip coffee with cancer warnings

perth_map

High levels of acrylamide have been found in brewed coffee. Los Angeles Superior Court Judge Elihu Berle on Wednesday ordered Starbucks and 90 other coffee retailers to warn consumers of carcinogens in their products. However, many are posted in places not easily visible like below counters where cream and sugar are available. "A warning won't be that effective because it's an addictive product", Metzger said. Read More »

FCC approves SpaceX's satellite-internet plan

perth_map

The satellites are scheduled to launch into space beginning in 2019 through 2024, though SpaceX sent forth the first pair of demonstration satellites to space last month onboard a Falcon 9 rocket as part of the Starlink proposal. SpaceX wanted to create a "global communications system" that Musk compared to "rebuilding the internet in space". The most serious threat to Starlink as it stands proposed today is the FCC's decision to deny SpaceX a waiver for the requirement that 50% of any ... Read More »

Toyota, Suzuki Supply Cars to Each Other

perth_map

The Japanese auto giants first announced its business partnership for India in February, 2017 with the collaboration looking towards environmental technology, safety technology information technology, and the mutual supply of products and components. Read More »

Australia to recall 2.3 mn vehicles over faulty airbags

Assistant Minister to the Treasurer, the Hon Michael Sukkar issued the compulsory recall today for all vehicles with defective Takata airbags, following an Australian Competition and Consumer Commission safety investigation. Manufacturers including BMW , Mazda and Mitsubishi have already called for state road authorities to block people from registering vehicles still equipped with potentially unsafe airbags. Read More »

Stock Buzz: Rite Aid Corp (RAD)

perth_map

The company has a market capitalization of $1,590.79, a PE ratio of 9.87 and a beta of 1.79. The social network has lost more than $100 billion in market value since March 16, when it first acknowledged that user data had been improperly harvested by a consultancy firm. Read More »

Wall St rises as technology shares gain

perth_map

For the month of March, the Dow is down 2.7%, the S&P 500 is off 1.8%, and the Nasdaq has lost 1.1%. Markets roared back on Monday with their best day since August 2015 on hopes that the world's two largest economies were willing to renegotiate tariffs and trade imbalances. Read More »

Opening Day Game At Comerica Park Postponed

perth_map

The Tigers have tabbed righty Jordan Zimmermann as their starter. Now the Tigers are scheduled for tomorrow, March 30 at Comerica Park. All paid tickets from today's game are valid for entry on Friday, or can be exchanged for any game in the next 12 months. Read More »

A second nuclear plant in Pa. to shut down, company announces

perth_map

It now has negative earnings. A strategic review of FES's remaining generating capacity - two coal plants and one natural gas plant - is also under way as part of FirstEnergy's plan to leave the deregulated market. 633 are held by Point72 Asia (Hong Kong) Ltd. Capstone Invest Advsrs Limited Liability Corp stated it has 0.01% of its portfolio in Sterling Bancorp (NYSE:STL). Read More »

Barclays to pay US$2b USA fine over mortgage fraud claims

perth_map

The US alleged that the bank had misled investors about the quality of loans backing the securities in the run-up to the financial crisis. The company "systematically and intentionally misrepresented key characteristics of the loans it included" in 36 RMBS deals worth $31 billion, the Justice Department said at the time. Read More »

Keep Your Eyes on Healthcare Stock: Celgene Corporation (CELG)

Edinburgh Partners Ltd who had been investing in Celgene Corp for a number of months, seems to be bullish on the $66.50B market cap company. The stock decreased 1.38% or $0.37 during the last trading session, reaching $26.36. Since hitting a record on January 26, equities have been battered by concerns about rising inflation, the pace of interest rate hikes by the U.S. Federal Reserve and the possibility of a global trade war. Read More »

CME Group to buy NEX for £3.9 billion

perth_map

Bank of America lifted their target price on CME Group from $175.00 to $185.00 and gave the company a "buy" rating in a research note on Thursday, March 8th. Sigma Planning Corp owns 10,884 shares. Potash Corp Of Saskatchewan Inc (NYSE:POT) was raised too. Hamilton Point Investment owns 1.39% invested in Colgate-Palmolive Company (NYSE:CL) for 35,262 shares. Read More »

'Unparalleled' oil deal between OPEC, Saudi Arabia and Russian Federation

perth_map

Crude has recovered to US$70 but fast-rising output from USA shale producers has capped prices. June Brent crude futures were down 35 cents at $68.41 by 1310 GMT, while the May contract expiring on Thursday was down 25 cents at $69.28. Due to the consistency of price fluctuations during the last few years, a previously year-on-year deal may see wider extension. He said that would require Russian Federation to join Saudi in building spare production capacity to use when prices rise too much. Read More »

Constellation Brands results beat on higher demand for Corona beer

perth_map

The institutional investor held 594,400 shares of the hotels and resorts company at the end of 2017Q4, valued at $68.87 million, down from 1.48 million at the end of the previous reported quarter. Goldman Sachs has "Buy" rating and $21200 target. Franklin Res reported 1.20 million shares or 0.13% of all its holdings. (NYSE: STZ ) earned "Buy" rating by Argus Research on Friday, October 2. Read More »

Hold Consensus rating on stock: Exxon Mobil Corporation (XOM)

If we look at the past company's performance moves, then it recent movement are telling different stories about price movement in different time period. As per Tuesday, January 23, the company rating was maintained by Susquehanna. Credit Suisse Group set a $84.00 target price on shares of Exxon Mobil and gave the company a "neutral" rating in a report on Tuesday, January 23rd. Read More »

Singapore Airlines calls dibs on getting the world's first Boeing 787-10

perth_map

Unlike the current product on SIA's regional A330s with inclined flat beds, each of the new 36 seats can recline directly into a 76 inch long fully-flat bed. Another new feature is myKrisWorld, where passengers can save and resume media across flights and are pushed recommendations based on preferences and viewing history. Read More »

Invites bids to divest 76% AI stake

perth_map

In an official document that accompanies invitation for the Expressions of Interest (EoI) by interested bidders to purchase Air India, the government said the disinvestment would cover Air India, its low-priced arm Air India Express and ground-handling firm Air India SATS Airport Services. Read More »

That $100 Check Tucked Among Your ValPak Coupons is Real, Compan

perth_map

It involves the coupon book ValPak that you get in the mail. West Michigan owner, Lia Jensen told Fox 17 that 36 checks were sent to different homes in the Grand Rapids area in 2017 but only eight were claimed. Valpak has been doing it since 1988, but this is the first time that the giveaway is being offered in all Valpak markets at the same time. Valpak says consumers can choose to cash the check or deposit it into an account. Read More »

Renault shares surge on Nissan merger talks report

perth_map

Carlos Ghosn is chairman of the joint alliance as well as chief executive of Renault, a job he will have for at least another four years. Nissan is likely to offer stock in the new company to Renault shareholders. A Renault-Nissan alliance spokesperson said that the group did not comment on rumors or speculation while a spokesperson from the finance ministry in France declined to make a comment. Read More »

Daimler's car2go, Moovel will merge with BMW's ReachNow

perth_map

The two said the goal was to offer their customers a system that is intelligent, seamlessly connects mobility services that rapidly are able to be expanded across the globe, while continuing their luxury cars. Other BMW or Daimler-owned mobility operations include moovel, ReachNow , ride-hailing services such as mytaxi, Chauffeur Privé, Clever Taxi and Beat, and parking businesses ParkNow and Parkmobile. Read More »

Boeing production plant hit with WannaCry ransomware attack

perth_map

However, head of communications, Linda Mills admitted that it had taken time to assess the scale of the problem at Boeing's SC facility. According to the Daily Express , the engineer said he was anxious about the virus "spreading to airplane software", although the malware is now believed to have been contained to production only. Read More »

FAAC Uncovers N37.76bn Shortage In NNPC's Revenue

perth_map

Kemi Adeosun. The three tires of government, comprising the federal, states and local governments, shared a total revenue of N647.390 billion for February. " Unless we get to the bottom of it, have clarity and some level of certainty, we remain where we are ", he said. The Accountant General of the Federation, Alhaji Ahmed Idris, who chaired the meeting told reporters that the meeting was abruptly shifted indefinitely to allow for time to address the issues of under remittances by the NNPC. Read More »

Bargain Booze Operator Conviviality Poised To Appoint Administrators

perth_map

Conviviality was forced to go cap in hand to investors to raise £125 million as a result, but it has been unable to convince them of its long-term future. The company, which has had a series of profit warnings, is on the verge of collapse following an accounting error in its books and an unpaid £30m tax bill. Read More »

Fate of GKN to be announced today

perth_map

Melrose today underlined its commitment to the United Kingdom, giving more detail about the legally binding promises it has made to allay the jobs and economic fears of politicians. These included over operating a UK headquartered and listed business, maintaining a UK workforce, continuing to pay UK taxes, continuing to invest in research and development programmes and making arrangements for current and future pensioners. Read More »