Markets
Jia Yueting steps down as CEO of troubled Leshi, remains chairman
- May 23, 2017
Last month, LeEco not only abandoned its plans to acquire USA -based TV maker Vizio, but also nixed its video service EcoPass. According to the announcement , Jia is resigning voluntarily to focus on his duties as chairman, including strategic planning and product innovation. (more...)
- May 23, 2017
Last month, LeEco not only abandoned its plans to acquire USA -based TV maker Vizio, but also nixed its video service EcoPass. According to the announcement , Jia is resigning voluntarily to focus on his duties as chairman, including strategic planning and product innovation. (more...)
Freeport-McMoRan Inc (FCX) Position Maintained by Oxbow Advisors LLC
- May 23, 2017
If you look at the company's income statement over the past years, you will see that the company is constantly posting gross profit: In 2014, FCX earned gross profit of 5.24 Billion, in 2015 321 Million gross profit, while in 2016 Freeport-McMoRan Inc. (more...)
- May 23, 2017
If you look at the company's income statement over the past years, you will see that the company is constantly posting gross profit: In 2014, FCX earned gross profit of 5.24 Billion, in 2015 321 Million gross profit, while in 2016 Freeport-McMoRan Inc. (more...)
Emmanuel Macron meets Angela Merkel, picks rightist Edouard Philippe as PM
- May 23, 2017
French President Emmanuel Macron has appointed a conservative prime minister in a move to broaden his political appeal and weaken his opponents before parliamentary elections in June. "That is going to be easier said than done, it appears, with USA production running at its fastest pace since August 2015 and data yesterday confirming that Chinese growth momentum continues to moderate", ANZ strategists wrote in a daily note. (more...)
- May 23, 2017
French President Emmanuel Macron has appointed a conservative prime minister in a move to broaden his political appeal and weaken his opponents before parliamentary elections in June. "That is going to be easier said than done, it appears, with USA production running at its fastest pace since August 2015 and data yesterday confirming that Chinese growth momentum continues to moderate", ANZ strategists wrote in a daily note. (more...)
Ford replaces CEO in push to transform business
- May 23, 2017
Ford's stock price has fallen nearly 40 percent in the three years since Fields became CEO. While the company is expected to make an official announcement later in the day, it's said that the move has been made due to the board losing confidence in Fields and his ambitions. (more...)
- May 23, 2017
Ford's stock price has fallen nearly 40 percent in the three years since Fields became CEO. While the company is expected to make an official announcement later in the day, it's said that the move has been made due to the board losing confidence in Fields and his ambitions. (more...)
Brazil president formally accused of conspiracy against corruption inquiry
- May 23, 2017
The testimony raises serious doubts about whether Mr Temer, who replaced the impeached Ms Rousseff a year ago, can maintain his grip on the presidency amid the string of corruption scandals that has engulfed vast swaths of Brazil's political class and business elites. (more...)
- May 23, 2017
The testimony raises serious doubts about whether Mr Temer, who replaced the impeached Ms Rousseff a year ago, can maintain his grip on the presidency amid the string of corruption scandals that has engulfed vast swaths of Brazil's political class and business elites. (more...)
TBC Bank Group PLC (TBCG) Rating Reiterated by Peel Hunt
- May 23, 2017
Therefore 75% are positive. Cardtronics had 9 analyst reports since August 14, 2015 according to SRatingsIntel. 3/6/2017-Cowen and Company Reiterated Rating of Market Perform. The rating was maintained by Panmure Gordon with "Buy" on Tuesday, November 17. The firm earned "Buy" rating on Monday, January 4 by N+1 Singer. Barclays PLC reiterated their equal weight rating on shares of Aviva plc (LON:AV) in a research note released on Friday. (more...)
- May 23, 2017
Therefore 75% are positive. Cardtronics had 9 analyst reports since August 14, 2015 according to SRatingsIntel. 3/6/2017-Cowen and Company Reiterated Rating of Market Perform. The rating was maintained by Panmure Gordon with "Buy" on Tuesday, November 17. The firm earned "Buy" rating on Monday, January 4 by N+1 Singer. Barclays PLC reiterated their equal weight rating on shares of Aviva plc (LON:AV) in a research note released on Friday. (more...)
Bovis Homes Group plc (BVS) Upgraded to "Buy" at Jefferies Group LLC
- May 23, 2017
Cavium Inc (NASDAQ:CAVM) has risen 6.00% since April 19, 2017 and is uptrending. It has by 0.00% the S&P500.The move comes after 7 months negative chart setup for the $837.54M company. The company was maintained on Wednesday, May 11 by Peel Hunt. Shore Capital maintained the shares of EXPN in report on Thursday, May 18 with "Hold" rating. (more...)
- May 23, 2017
Cavium Inc (NASDAQ:CAVM) has risen 6.00% since April 19, 2017 and is uptrending. It has by 0.00% the S&P500.The move comes after 7 months negative chart setup for the $837.54M company. The company was maintained on Wednesday, May 11 by Peel Hunt. Shore Capital maintained the shares of EXPN in report on Thursday, May 18 with "Hold" rating. (more...)
Iran hits back at Trump after Islam speech, Saudi arms deal
- May 23, 2017
During the brief meeting, Trump said that he was very pleased to meet PM Nawaz to which the premier responded that the feeling is mutual. Gulf Arab countries long have been suspicious about Iran, whether that's the United Arab Emirates' long-running dispute over Iran seizing several Persian Gulf islands from it in 1971 to Bahrain's simmering anger over a 1981 coup attempt it blamed on the newly formed Islamic Republic. (more...)
- May 23, 2017
During the brief meeting, Trump said that he was very pleased to meet PM Nawaz to which the premier responded that the feeling is mutual. Gulf Arab countries long have been suspicious about Iran, whether that's the United Arab Emirates' long-running dispute over Iran seizing several Persian Gulf islands from it in 1971 to Bahrain's simmering anger over a 1981 coup attempt it blamed on the newly formed Islamic Republic. (more...)
H C Gupta awarded 2-yr jail term in coal scam case
- May 23, 2017
A fine of Rs 30 lakh on Ahluwalia and Rs 1 cr on his company has also been imposed by the special court. Bail was granted on a personal bond of Rs 1 lakh and one surety of like amount. The CBI had in October, 2012 lodged an FIR in the case but on March 27, 2014 it filed a closure report. The court, according to NDTV, said, "The three bureaucrats led by former coal secretary HC Gupta with-held all these aspects of non-compliance with the guidelines from Prime Minister knowing fully well that ... (more...)
- May 23, 2017
A fine of Rs 30 lakh on Ahluwalia and Rs 1 cr on his company has also been imposed by the special court. Bail was granted on a personal bond of Rs 1 lakh and one surety of like amount. The CBI had in October, 2012 lodged an FIR in the case but on March 27, 2014 it filed a closure report. The court, according to NDTV, said, "The three bureaucrats led by former coal secretary HC Gupta with-held all these aspects of non-compliance with the guidelines from Prime Minister knowing fully well that ... (more...)
Disruptive Passenger in Trump Hat Delays Newark-Bound United Flight, Airline Says
- May 23, 2017
At one point, the man also referred to a fellow passenger a "stupid friend over here that don't know how to speak English" and a "moron", one video shows . The flight departed Shanghai approximately three hours late and stopped in San Francisco to recrew as a result. Police were eventually called and the man was escorted off the plane. (more...)
- May 23, 2017
At one point, the man also referred to a fellow passenger a "stupid friend over here that don't know how to speak English" and a "moron", one video shows . The flight departed Shanghai approximately three hours late and stopped in San Francisco to recrew as a result. Police were eventually called and the man was escorted off the plane. (more...)
Trump administration keeps Iran deal alive, but with new sanctions
- May 23, 2017
But it balanced the decision with new measures against Iranian defense officials and a Chinese business linked to Iran's ballistic missile program. This information may well encourage the existing suspicion maintained by the White House and other USA officials regarding Iran's compliance with the nuclear agreement. (more...)
- May 23, 2017
But it balanced the decision with new measures against Iranian defense officials and a Chinese business linked to Iran's ballistic missile program. This information may well encourage the existing suspicion maintained by the White House and other USA officials regarding Iran's compliance with the nuclear agreement. (more...)
Rovio aims to release Angry Birds movie sequel in 2019
- May 23, 2017
The Angry Birds Movie 2 will open in theaters timed to coincide with the addictive Angry Birds game's 10th anniversary. Despite waning interest in the mobile games themselves, the original film was a hit. As those boilerplate statements imply, we don't know too much about Angry Birds 2 . The talented team at Sony Pictures Imageworks will once again be handling the animation for the film, which will be with the collaboration of Sony Pictures Animation. (more...)
- May 23, 2017
The Angry Birds Movie 2 will open in theaters timed to coincide with the addictive Angry Birds game's 10th anniversary. Despite waning interest in the mobile games themselves, the original film was a hit. As those boilerplate statements imply, we don't know too much about Angry Birds 2 . The talented team at Sony Pictures Imageworks will once again be handling the animation for the film, which will be with the collaboration of Sony Pictures Animation. (more...)
Boeing signs deal with Saudi Arabia
- May 23, 2017
The U.S. and Saudi Arabia are close allies in the Middle East and the ties between the two appear as if they are becoming closer under the leadership of current president Donald Trump . A separate joint venture would "provide support for both military and commercial helicopters". - An agreement between Boeing and SaudiGulf Airlines to negotiate the sale of up to 16 widebody airplanes. (more...)
- May 23, 2017
The U.S. and Saudi Arabia are close allies in the Middle East and the ties between the two appear as if they are becoming closer under the leadership of current president Donald Trump . A separate joint venture would "provide support for both military and commercial helicopters". - An agreement between Boeing and SaudiGulf Airlines to negotiate the sale of up to 16 widebody airplanes. (more...)
Investors Swarm in on Avon Products, Inc. (NYSE:AVP) Shares
- May 23, 2017
Stock monthly performance is recorded as -8.41% while its performance in last one week is 3.77%. Yet another important factor while evaluating a good buy/sell decision for Avon Products Inc. Comparatively, AVP posted earnings of $0.07 per share in the same quarter, a year earlier. Analysts' mean recommendation for Avon Products, Inc. Massmutual Commerce Fsb Adv stated it has 0% of its portfolio in Avon Products, Inc. (more...)
- May 23, 2017
Stock monthly performance is recorded as -8.41% while its performance in last one week is 3.77%. Yet another important factor while evaluating a good buy/sell decision for Avon Products Inc. Comparatively, AVP posted earnings of $0.07 per share in the same quarter, a year earlier. Analysts' mean recommendation for Avon Products, Inc. Massmutual Commerce Fsb Adv stated it has 0% of its portfolio in Avon Products, Inc. (more...)
Twitter leader laments social media role in Trump's election
- May 23, 2017
M - If anyone knows how important Twitter is to Donald Trump, it's the president. Williams, who was previously Twitter's CEO before stepping down in 2010, also expressed his concern for the online realm in general. Twitter has 313 million active users , but 79% of accounts are outside of the United States, which roughly accounts to 66 million active users in the USA regardless of party affiliation or eligibility to vote. (more...)
- May 23, 2017
M - If anyone knows how important Twitter is to Donald Trump, it's the president. Williams, who was previously Twitter's CEO before stepping down in 2010, also expressed his concern for the online realm in general. Twitter has 313 million active users , but 79% of accounts are outside of the United States, which roughly accounts to 66 million active users in the USA regardless of party affiliation or eligibility to vote. (more...)
Sensex, Nifty rise as FMCG stocks rally
- May 23, 2017
Also, the NSE Nifty gained 62.55 points, or 0.66 per cent, to 9,490.45 points. Among the gainers, besides cigarette major ITC, were L&T 1.61 per cent, Adani Ports 1.36 per cent, Tata Motors 1.23 per cent, HUL 1.07 per cent, HDFC Bank 1.02 per cent, TCS 0.90 per cent and Reliance 0.40 per cent. (more...)
- May 23, 2017
Also, the NSE Nifty gained 62.55 points, or 0.66 per cent, to 9,490.45 points. Among the gainers, besides cigarette major ITC, were L&T 1.61 per cent, Adani Ports 1.36 per cent, Tata Motors 1.23 per cent, HUL 1.07 per cent, HDFC Bank 1.02 per cent, TCS 0.90 per cent and Reliance 0.40 per cent. (more...)
Saudi Arabia pledges to invest $20B in United States infrastructure
- May 22, 2017
Ultimately, this new fund aims to invest US$100 billion in infrastructure projects, "principally" in the United States, according to the release. "While we have been pointing to Blackstone's future opportunities in the infrastructure segment, we conservatively had very little economics associated with this brand new segment embedded in our estimates", Credit Suisse analysts led by Siegenthaler wrote in a note to clients Monday. (more...)
- May 22, 2017
Ultimately, this new fund aims to invest US$100 billion in infrastructure projects, "principally" in the United States, according to the release. "While we have been pointing to Blackstone's future opportunities in the infrastructure segment, we conservatively had very little economics associated with this brand new segment embedded in our estimates", Credit Suisse analysts led by Siegenthaler wrote in a note to clients Monday. (more...)
GST is Modi Govt's 'biggest achievement': ASSOCHAM
- May 22, 2017
The maze of central and state tax regimes would make it hard to do away with all exemptions and opt for one-rate structure at one go. The Goods and Service Tax (GST) which will come in force from July 1st, will unify the country's economy into a common market and eliminate a string of central and state levies. (more...)
- May 22, 2017
The maze of central and state tax regimes would make it hard to do away with all exemptions and opt for one-rate structure at one go. The Goods and Service Tax (GST) which will come in force from July 1st, will unify the country's economy into a common market and eliminate a string of central and state levies. (more...)
Trump willing to use engagement on North Korea crisis
- May 22, 2017
Meanwhile, the top U.S. military officer in the Pacific described North Korea's recent military actions as "a recipe for a disaster" and warned against a sense of complacency in the face of increasing tensions on the Korean Peninsula. South Korean President Moon Jae-in said on Wednesday there was a "high possibility" of conflict with North Korea over its continuing ballistic missile and nuclear program developments, Reuters reported . (more...)
- May 22, 2017
Meanwhile, the top U.S. military officer in the Pacific described North Korea's recent military actions as "a recipe for a disaster" and warned against a sense of complacency in the face of increasing tensions on the Korean Peninsula. South Korean President Moon Jae-in said on Wednesday there was a "high possibility" of conflict with North Korea over its continuing ballistic missile and nuclear program developments, Reuters reported . (more...)
In A Historic First, Trump Visits Old City Of Jerusalem
- May 22, 2017
And on the eve of Trump's visit, an Israeli official said Netanyahu's cabinet has approved confidence building measures with the Palestinians, including allowing building in a West Bank area. Trump's visit to the wall came as part of his first trip overseas as president. Trump in his interview with Israel Hayom also maintained he thought a peace deal could be brokered. (more...)
- May 22, 2017
And on the eve of Trump's visit, an Israeli official said Netanyahu's cabinet has approved confidence building measures with the Palestinians, including allowing building in a West Bank area. Trump's visit to the wall came as part of his first trip overseas as president. Trump in his interview with Israel Hayom also maintained he thought a peace deal could be brokered. (more...)
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UK PM Theresa May says open to longer post-Brexit transition