Markets
Inflation is the missing link in eurozone's economic revival
- July 31, 2017
Inflation in July however remained well below the European Central Bank's target, meaning that it is likely to carry on for now with its massive economic stimulus policy and low interest rates. Energy prices rose at a faster pace of 2.2% after climbing 1.9%. In Italy unemployment dropped to 11.1 percent in June from 11.3 percent in May, meaning that almost 60,000 were added to the Italian workforce. (more...)
- July 31, 2017
Inflation in July however remained well below the European Central Bank's target, meaning that it is likely to carry on for now with its massive economic stimulus policy and low interest rates. Energy prices rose at a faster pace of 2.2% after climbing 1.9%. In Italy unemployment dropped to 11.1 percent in June from 11.3 percent in May, meaning that almost 60,000 were added to the Italian workforce. (more...)
HSBC Announces $2 Billion Share Buyback as Profit Rises
- July 31, 2017
That takes announced buybacks since the second half of 2016 to $5.5 billion. "The return of capital comes from the fact that the business is very accretive, very profitable. Interest rates in Hong Kong, one of the bank's main markets, have risen in line with the Federal Reserve's two increases this year because the city's currency is pegged to the USA dollar. (more...)
- July 31, 2017
That takes announced buybacks since the second half of 2016 to $5.5 billion. "The return of capital comes from the fact that the business is very accretive, very profitable. Interest rates in Hong Kong, one of the bank's main markets, have risen in line with the Federal Reserve's two increases this year because the city's currency is pegged to the USA dollar. (more...)
Editorial, 7/29: Transparency wins out on health care legislation
- July 30, 2017
But this morning, he reversed course and cast the deciding "no" vote, joining Republicans Susan Collins of ME and Lisa Murkowski of Alaska, and quashed their party's hopes of undoing Obamacare . Mr Schumer is reported to have been near to tears, as he echoed the sentiments of Republican majority leader , Mitch McConnell , that the Senate now must "move on". (more...)
- July 30, 2017
But this morning, he reversed course and cast the deciding "no" vote, joining Republicans Susan Collins of ME and Lisa Murkowski of Alaska, and quashed their party's hopes of undoing Obamacare . Mr Schumer is reported to have been near to tears, as he echoed the sentiments of Republican majority leader , Mitch McConnell , that the Senate now must "move on". (more...)
Judges order FAA to investigate 'shrinking airline seats'
- July 30, 2017
Flyers Rights spokeswoman, Kendall Creighton commented, "We applaud the court's decision in enabling and widening the path to larger seats". Both factors were noted in a New York Times review of how tiny seats pose a poorly understood risk to passengers, with airlines allowed to use their own fit, healthy and trained employees for evacuation tests and the risk of vein clots confirmed by both the American College of Chest Physicians and the Centers for Disease Control. (more...)
- July 30, 2017
Flyers Rights spokeswoman, Kendall Creighton commented, "We applaud the court's decision in enabling and widening the path to larger seats". Both factors were noted in a New York Times review of how tiny seats pose a poorly understood risk to passengers, with airlines allowed to use their own fit, healthy and trained employees for evacuation tests and the risk of vein clots confirmed by both the American College of Chest Physicians and the Centers for Disease Control. (more...)
Reince Priebus: Trump 'wanted to go a different direction'
- July 30, 2017
Trump and his administration have been frequently critical of the Jeff Zucker-run cable newser, labeling its reporting "fake news". Mr. Kelly , a retired Marine Corps general, has been praised by the president for his job performance at Homeland Security in securing the nation's borders and helping to reduce illegal immigration by about two-thirds this year. (more...)
- July 30, 2017
Trump and his administration have been frequently critical of the Jeff Zucker-run cable newser, labeling its reporting "fake news". Mr. Kelly , a retired Marine Corps general, has been praised by the president for his job performance at Homeland Security in securing the nation's borders and helping to reduce illegal immigration by about two-thirds this year. (more...)
Fiat Chrysler Automobiles NV (F) Given a €8.50 Price Target at Macquarie
- July 29, 2017
Zacks Investment Research upgraded shares of Fiat Chrysler Automobiles N.V. from a "hold" rating to a "buy" rating and set a $11.00 price objective on the stock in a research note on Thursday, April 20th. During the same quarter in the previous year, the firm earned $0.34 earnings per share. The company posted earnings of $27.72 B for the period end, compared to analysts' anticipations of $27.51 B. (more...)
- July 29, 2017
Zacks Investment Research upgraded shares of Fiat Chrysler Automobiles N.V. from a "hold" rating to a "buy" rating and set a $11.00 price objective on the stock in a research note on Thursday, April 20th. During the same quarter in the previous year, the firm earned $0.34 earnings per share. The company posted earnings of $27.72 B for the period end, compared to analysts' anticipations of $27.51 B. (more...)
Sprint seeks merger with cable giant Charter, report says
- July 29, 2017
Son, who is Sprint Corp.'s chairman, proposed a merger of his money-losing wireless company with Charter, people familiar with the matter said, asking not to be identified discussing private information. 3 and No. 4 largest wireless service providers in the US respectively, anticipating cuts in costs and other important synergies. A combination of Sprint and Charter would put together the fourth-largest US wireless carrier with the No. (more...)
- July 29, 2017
Son, who is Sprint Corp.'s chairman, proposed a merger of his money-losing wireless company with Charter, people familiar with the matter said, asking not to be identified discussing private information. 3 and No. 4 largest wireless service providers in the US respectively, anticipating cuts in costs and other important synergies. A combination of Sprint and Charter would put together the fourth-largest US wireless carrier with the No. (more...)
Putin decries 'anti-Russian hysteria' in US
- July 29, 2017
The U.S. bill, which also imposes new sanctions on Iran and North Korea , had been delayed while lawmakers resolved procedural issues and revised language that energy companies said would prevent many overseas deals. He's expected to sign the measure into law even though the bill includes provisions that bar him from easing the penalties on Russian Federation without first getting permission from Congress. (more...)
- July 29, 2017
The U.S. bill, which also imposes new sanctions on Iran and North Korea , had been delayed while lawmakers resolved procedural issues and revised language that energy companies said would prevent many overseas deals. He's expected to sign the measure into law even though the bill includes provisions that bar him from easing the penalties on Russian Federation without first getting permission from Congress. (more...)
United Kingdom commissions European Union migration impact study
- July 29, 2017
He added that due to the late time scale on the Migration Advisory Committee [MAC], which is set to conclude in September 2018, "people are quite entitled to question its objective". A spokesman said: "Concerning the transition period, you know very well what our chief negotiator tends to say on that subject, which is that once you know where you are going you can also consider the modalities of getting there". (more...)
- July 29, 2017
He added that due to the late time scale on the Migration Advisory Committee [MAC], which is set to conclude in September 2018, "people are quite entitled to question its objective". A spokesman said: "Concerning the transition period, you know very well what our chief negotiator tends to say on that subject, which is that once you know where you are going you can also consider the modalities of getting there". (more...)
NTPC Q1 net profit up 12%
- July 29, 2017
For the quarter under review, LIC Housing Finance clocked a 15% y-o-y growth in disbursement to Rs 8,699 crore. "With growing focus of the government in the affordable housing segment, we are confident that the growth trajectory would be maintained", managing director and CEO Vinay Sah said. (more...)
- July 29, 2017
For the quarter under review, LIC Housing Finance clocked a 15% y-o-y growth in disbursement to Rs 8,699 crore. "With growing focus of the government in the affordable housing segment, we are confident that the growth trajectory would be maintained", managing director and CEO Vinay Sah said. (more...)
Recent Investment Analysts' Ratings Changes for Cabot Oil & Gas Corporation (COG)
- July 29, 2017
Timber Hill LLC purchased a new stake in Cabot Corporation during the first quarter valued at about $201,000. Meeder Asset Management Inc. now owns 2,892 shares of the specialty chemicals company's stock valued at $173,000 after buying an additional 1,596 shares during the last quarter. (more...)
- July 29, 2017
Timber Hill LLC purchased a new stake in Cabot Corporation during the first quarter valued at about $201,000. Meeder Asset Management Inc. now owns 2,892 shares of the specialty chemicals company's stock valued at $173,000 after buying an additional 1,596 shares during the last quarter. (more...)
Amazon touts Prime Day results despite slumping profits
- July 29, 2017
Bezos became the first multi-billionaire to surpass Gates in seven years, in monetary terms. INC reported on Thursday a 77 per cent slump in quarterly income and forecast a potential operating loss in the current quarter, as the company invests heavily in video content and in fast-growing economies such as India. (more...)
- July 29, 2017
Bezos became the first multi-billionaire to surpass Gates in seven years, in monetary terms. INC reported on Thursday a 77 per cent slump in quarterly income and forecast a potential operating loss in the current quarter, as the company invests heavily in video content and in fast-growing economies such as India. (more...)
Fil LTD Has Lifted Holding in Verizon Communications INC (VZ)
- July 29, 2017
Burney Co. increased its stake in shares of Verizon Communications by 1.2% in the fourth quarter. FMR LLC now owns 48,743,437 shares of the cell phone carrier's stock valued at $2,601,925,000 after buying an additional 7,388,078 shares during the period. (more...)
- July 29, 2017
Burney Co. increased its stake in shares of Verizon Communications by 1.2% in the fourth quarter. FMR LLC now owns 48,743,437 shares of the cell phone carrier's stock valued at $2,601,925,000 after buying an additional 7,388,078 shares during the period. (more...)
Retailers Welcome Removal of Border Tax from Tax Reform Plan
- July 29, 2017
Ryan and Brady defended the BAT since its initial proposal, saying it would incentivize USA companies not to move factories overseas and instead to export more products. "We hope the next few months lead to a tax structure that is fairer, simpler and generates greater momentum for economic growth", Adkisson said. It's unclear if the House will even need to pass a revenue-neutral bill. (more...)
- July 29, 2017
Ryan and Brady defended the BAT since its initial proposal, saying it would incentivize USA companies not to move factories overseas and instead to export more products. "We hope the next few months lead to a tax structure that is fairer, simpler and generates greater momentum for economic growth", Adkisson said. It's unclear if the House will even need to pass a revenue-neutral bill. (more...)
Trump to sign Russia sanctions
- July 29, 2017
The U.S. bill, which also imposes new sanctions on Iran and North Korea, had been delayed while lawmakers resolved procedural issues and revised language that energy companies said would prevent many overseas deals. diplomatic properties in retaliation for the bill . White House Press Secretary Sarah Huckabee Sanders told reporters late Thursday that the President would review the sanctions bill. (more...)
- July 29, 2017
The U.S. bill, which also imposes new sanctions on Iran and North Korea, had been delayed while lawmakers resolved procedural issues and revised language that energy companies said would prevent many overseas deals. diplomatic properties in retaliation for the bill . White House Press Secretary Sarah Huckabee Sanders told reporters late Thursday that the President would review the sanctions bill. (more...)
Park Hotels & Resorts (NYSE:PK) Earns Daily Media Sentiment Score of 0.17
- July 29, 2017
Hedge funds and other institutional investors own 97.04% of the company's stock. Shares of Park Hotels & Resorts (NYSE:PK) opened at 26.92 on Tuesday. Today?" on June 28, 2017, also Fool.ca with their article: "Cameco Corp. Host Hotels & Resorts's payout ratio is now 100.00%. TRADEMARK VIOLATION NOTICE: "Atria Investments LLC Has $1.66 Million Position in Host Hotels & Resorts, Inc". (more...)
- July 29, 2017
Hedge funds and other institutional investors own 97.04% of the company's stock. Shares of Park Hotels & Resorts (NYSE:PK) opened at 26.92 on Tuesday. Today?" on June 28, 2017, also Fool.ca with their article: "Cameco Corp. Host Hotels & Resorts's payout ratio is now 100.00%. TRADEMARK VIOLATION NOTICE: "Atria Investments LLC Has $1.66 Million Position in Host Hotels & Resorts, Inc". (more...)
EVs now affordable with first Tesla Model 3 delivered to…
- July 29, 2017
As for his employees, Musk had a different message: "As the saying goes...if you're going through hell, keep going". Touching lightly on the ambitious production ramp up, Musk warned the employees present that they will be entering "production hell", and once again emphasized the American automaker's plans on how it'll manage to deliver all the Model 3s now on pre-order. (more...)
- July 29, 2017
As for his employees, Musk had a different message: "As the saying goes...if you're going through hell, keep going". Touching lightly on the ambitious production ramp up, Musk warned the employees present that they will be entering "production hell", and once again emphasized the American automaker's plans on how it'll manage to deliver all the Model 3s now on pre-order. (more...)
Dow hits a new high as U.S. stocks close mostly lower
- July 29, 2017
The Dow Jones Industrial Average finished at its second straight record at 21,796.55, up 85.54 points (0.39 per cent), while the S&P 500 shed 2.41 points (0.10 per cent) to end at 2,475.42. An exception to the tech sell-off was Facebook , which gained 2.9 per cent after reporting a 71 per cent increase in second-quarter profits to US$3.9 billion on big gains in money-making ads. (more...)
- July 29, 2017
The Dow Jones Industrial Average finished at its second straight record at 21,796.55, up 85.54 points (0.39 per cent), while the S&P 500 shed 2.41 points (0.10 per cent) to end at 2,475.42. An exception to the tech sell-off was Facebook , which gained 2.9 per cent after reporting a 71 per cent increase in second-quarter profits to US$3.9 billion on big gains in money-making ads. (more...)
Noble Midstream Partners LP (NBLX) EPS Estimated At $0.74
- July 29, 2017
CGI Group Inc (NYSE:GIB) has risen 9.32% since July 28, 2016 and is uptrending. It has outperformed by 16.94% the S&P500. After posting $0.77 EPS for the previous quarter, Noble Midstream Partners LP's analysts now forecast -3.90 % negative EPS growth. (more...)
- July 29, 2017
CGI Group Inc (NYSE:GIB) has risen 9.32% since July 28, 2016 and is uptrending. It has outperformed by 16.94% the S&P500. After posting $0.77 EPS for the previous quarter, Noble Midstream Partners LP's analysts now forecast -3.90 % negative EPS growth. (more...)
Falcon Oil & Gas Ltd (LON:FOG) Given "Buy" Rating at FinnCap
- July 29, 2017
A number of large investors have recently added to or reduced their stakes in the stock. The firm owned 12,414 shares of the oil and gas exploration company's stock after buying an additional 508 shares during the period. BP p.l.c.'s revenue for the quarter was up 45.1% on a year-over-year basis. TRADEMARK VIOLATION WARNING: This report was first posted by BNB Daily and is the property of of BNB Daily. (more...)
- July 29, 2017
A number of large investors have recently added to or reduced their stakes in the stock. The firm owned 12,414 shares of the oil and gas exploration company's stock after buying an additional 508 shares during the period. BP p.l.c.'s revenue for the quarter was up 45.1% on a year-over-year basis. TRADEMARK VIOLATION WARNING: This report was first posted by BNB Daily and is the property of of BNB Daily. (more...)
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London insists United Kingdom leaving European Union on October 31, despite delay request