Markets
Britain will 'fight back' if no European Union deal ahead of Brexit
- March 07, 2017
At present, the government's position is that Parliament will get a vote on the Brexit deal, but rejecting the deal in this vote would not stop or delay Brexit, but instead would see Britain leave the European Union with no deal. Chancellor of the exchequer Philip Hammond warned on Sunday that Britain would "do whatever we need to do" to remain competitive if it failed to secure a satisfactory post-Brexit deal with the EU. (more...)
- March 07, 2017
At present, the government's position is that Parliament will get a vote on the Brexit deal, but rejecting the deal in this vote would not stop or delay Brexit, but instead would see Britain leave the European Union with no deal. Chancellor of the exchequer Philip Hammond warned on Sunday that Britain would "do whatever we need to do" to remain competitive if it failed to secure a satisfactory post-Brexit deal with the EU. (more...)
Revenues nearly double, but merger expenses hit Paddy Power Betfair's bottom line
- March 07, 2017
Paddy Power Betfair said it had incurred paid £50m in merger related expenses as well as an additional £66m in "merger integration costs". The sports betting and online gaming group reported its revenue increased by 18% to reach £1,551 billion, with double-digit growth across all four divisions of Paddy Power Betfair . (more...)
- March 07, 2017
Paddy Power Betfair said it had incurred paid £50m in merger related expenses as well as an additional £66m in "merger integration costs". The sports betting and online gaming group reported its revenue increased by 18% to reach £1,551 billion, with double-digit growth across all four divisions of Paddy Power Betfair . (more...)
United Kingdom plans for European Union exit facing more snags in Parliament
- March 07, 2017
May is likely to ask the lower house to delete the Lords' amendments when the bill returns there March 13. "The Bill has a straightforward goal - to enact the referendum result and allow the government to get on with the negotiations". The government has said in terms it will seek to overturn any amendments which the Lords seek to impose and, although the government has a small majority, it doesn't seem at this stage that there is any real appetite amongst a sufficient number of MPs on ... (more...)
- March 07, 2017
May is likely to ask the lower house to delete the Lords' amendments when the bill returns there March 13. "The Bill has a straightforward goal - to enact the referendum result and allow the government to get on with the negotiations". The government has said in terms it will seek to overturn any amendments which the Lords seek to impose and, although the government has a small majority, it doesn't seem at this stage that there is any real appetite amongst a sufficient number of MPs on ... (more...)
Non-food retail sales record first quarterly decline in six years
- March 07, 2017
But like-for-like food sales lifted by 0.6 per cent in the three months to February, while total food sales grew by 2 per cent over the period. The BRC said like-for-like sales were also down 0.4 per cent last month compared with February previous year. (more...)
- March 07, 2017
But like-for-like food sales lifted by 0.6 per cent in the three months to February, while total food sales grew by 2 per cent over the period. The BRC said like-for-like sales were also down 0.4 per cent last month compared with February previous year. (more...)
Shares in Costco Wholesale Co. (COST) Acquired by WP Advisors LLC
- March 07, 2017
Finally, Aspiriant LLC increased its stake in shares of Costco Wholesale by 0.4% in the fourth quarter. BlackRock Institutional Trust Company N.A. now owns 11,644,774 shares of the retailer's stock valued at $1,775,944,000 after buying an additional 96,575 shares during the last quarter. (more...)
- March 07, 2017
Finally, Aspiriant LLC increased its stake in shares of Costco Wholesale by 0.4% in the fourth quarter. BlackRock Institutional Trust Company N.A. now owns 11,644,774 shares of the retailer's stock valued at $1,775,944,000 after buying an additional 96,575 shares during the last quarter. (more...)
Today Eastman Chemical Company (EMN) Stake Lowered by Cadence Capital Management LLC
- March 07, 2017
Relative to the chemical sector, performance has been average, leverage appears reasonable but near-term FCF less-than compelling partly due to new capacity ramping. The business had revenue of $12.48 billion for the quarter, compared to analyst estimates of $12.01 billion. According to the Analysts, the Low Earnings estimate for the current quarter is $0.9, while the High earnings estimate is $1.07.Comparatively, EPS for the same quarter past year was $0.96. (more...)
- March 07, 2017
Relative to the chemical sector, performance has been average, leverage appears reasonable but near-term FCF less-than compelling partly due to new capacity ramping. The business had revenue of $12.48 billion for the quarter, compared to analyst estimates of $12.01 billion. According to the Analysts, the Low Earnings estimate for the current quarter is $0.9, while the High earnings estimate is $1.07.Comparatively, EPS for the same quarter past year was $0.96. (more...)
Burning Stock on the move: American Airlines Group Inc. (NASDAQ:AAL)
- March 07, 2017
American Airlines Group now has a consensus rating of Hold and a consensus target price of $46.41. Other Insider transactions have been reported by the company according to SEC Form 4, on Feb 21, 2017, Andrew P Nocella (SVP Chief Marketing Officer) sold 492 shares at $47.50 per share price.On Feb 8, 2017, Ray M Robinson (director) sold 8,000 shares at $45.22 per share price.Also, On Feb 8, 2017, Robert D Jr Isom (President) sold 59,758 shares at $45.16 per share price.On Jan 12, 2017, W ... (more...)
- March 07, 2017
American Airlines Group now has a consensus rating of Hold and a consensus target price of $46.41. Other Insider transactions have been reported by the company according to SEC Form 4, on Feb 21, 2017, Andrew P Nocella (SVP Chief Marketing Officer) sold 492 shares at $47.50 per share price.On Feb 8, 2017, Ray M Robinson (director) sold 8,000 shares at $45.22 per share price.Also, On Feb 8, 2017, Robert D Jr Isom (President) sold 59,758 shares at $45.16 per share price.On Jan 12, 2017, W ... (more...)
Spokesman Denies Obama Administration Wiretapped Trump
- March 07, 2017
Trump aides have also called on Congress to investigate if the Obama administration wiretapped the Trump campaign as part of a larger probe into Russian Federation and the 2016 election. "If there is something bad or sick going on, it is the willingness of the nation's chief executive to make the most outlandish and destructive claims without providing a scintilla of evidence to support them", Schiff said in a statement. (more...)
- March 07, 2017
Trump aides have also called on Congress to investigate if the Obama administration wiretapped the Trump campaign as part of a larger probe into Russian Federation and the 2016 election. "If there is something bad or sick going on, it is the willingness of the nation's chief executive to make the most outlandish and destructive claims without providing a scintilla of evidence to support them", Schiff said in a statement. (more...)
GoPro Stock Falls on Goldman Downgrade
- March 07, 2017
On Tuesday, December 6th, Anthony John Bates sold 7,434 shares of GoPro stock. Snap is now down 9.5% to $24.54 per share. (NASDAQ:GPRO) a rating of 3.69 on a scale of 1 to 5. The correct version of this piece of content can be accessed at https://baseballnewssource.com/markets/gopro-inc-gpro-director-anthony-john-bates-sells-41077-shares/485795.html. (more...)
- March 07, 2017
On Tuesday, December 6th, Anthony John Bates sold 7,434 shares of GoPro stock. Snap is now down 9.5% to $24.54 per share. (NASDAQ:GPRO) a rating of 3.69 on a scale of 1 to 5. The correct version of this piece of content can be accessed at https://baseballnewssource.com/markets/gopro-inc-gpro-director-anthony-john-bates-sells-41077-shares/485795.html. (more...)
EU clears Hungary to build Russia-financed nuclear reactors
- March 07, 2017
An inter-governmental agreement signed in early 2014 would see Russian enterprises and their global sub-contractors supply two new units at Paks - VVER-1200 reactors - as well as a Russian state loan of up to €10.0 billion ($11.2 billion) to finance 80% of the project. (more...)
- March 07, 2017
An inter-governmental agreement signed in early 2014 would see Russian enterprises and their global sub-contractors supply two new units at Paks - VVER-1200 reactors - as well as a Russian state loan of up to €10.0 billion ($11.2 billion) to finance 80% of the project. (more...)
Jay Z is going to launch a startup investment firm
- March 07, 2017
According to a news release GlassBridge will provide ARRIVE with "institutional and operational support". Although Arrive does not yet control a fund, the press release suggests that it will and that it hopes to build up a fund not only for existing companies but new ones as well. (more...)
- March 07, 2017
According to a news release GlassBridge will provide ARRIVE with "institutional and operational support". Although Arrive does not yet control a fund, the press release suggests that it will and that it hopes to build up a fund not only for existing companies but new ones as well. (more...)
Azerbaijan downs oil production under OPEC agreement
- March 07, 2017
In the recent past various reports have been released that support my point. Fitch says that it has also re-established a Brent-WTI spread in its base case scenario forecasts to reflect the "anticipated resurgence of USA shale production, logistics costs, inventory trends, and refinery incentives". (more...)
- March 07, 2017
In the recent past various reports have been released that support my point. Fitch says that it has also re-established a Brent-WTI spread in its base case scenario forecasts to reflect the "anticipated resurgence of USA shale production, logistics costs, inventory trends, and refinery incentives". (more...)
Australia's national broadcaster to cut staff by hundreds
- March 07, 2017
The ABC will axe a fifth of its management and plough millions of dollars worth of savings into making new content and beefing up its presence in regional Australia under a massive shake-up of the national broadcaster. Ms Guthrie acknowledged the "painful" cuts would be a blow for staff who lose their jobs, but said "swift and decisive action" was needed for the ABC to remain relevant to audiences. (more...)
- March 07, 2017
The ABC will axe a fifth of its management and plough millions of dollars worth of savings into making new content and beefing up its presence in regional Australia under a massive shake-up of the national broadcaster. Ms Guthrie acknowledged the "painful" cuts would be a blow for staff who lose their jobs, but said "swift and decisive action" was needed for the ABC to remain relevant to audiences. (more...)
Thousands flee Myanmar border town after rebel raid
- March 07, 2017
The Northern Alliance and government forces have clashed repeatedly in other northern areas of Shan State. China is giving humanitarian help to people from Myanmar who have fled fighting that has killed about 30 people and dealt a blow to Myanmar leader Aung San Suu Kyi's goal of reaching peace with minorities. (more...)
- March 07, 2017
The Northern Alliance and government forces have clashed repeatedly in other northern areas of Shan State. China is giving humanitarian help to people from Myanmar who have fled fighting that has killed about 30 people and dealt a blow to Myanmar leader Aung San Suu Kyi's goal of reaching peace with minorities. (more...)
Peugeot-Citroën owner buys Vauxhall/Opel for €2.2bn
- March 07, 2017
The company sold a record 3.9 million cars there a year ago, with its Chevrolet, Buick and Cadillac brands proving especially popular. It is a daring move by GM to exit a business it has dominated for close to a century. "This perfectly fits in our development plan for Europe, we have said already that we want to grow in Germany and Northern Europe", said Thierry Varene, a member of the BNP Paribas executive committee responsible for large clients. (more...)
- March 07, 2017
The company sold a record 3.9 million cars there a year ago, with its Chevrolet, Buick and Cadillac brands proving especially popular. It is a daring move by GM to exit a business it has dominated for close to a century. "This perfectly fits in our development plan for Europe, we have said already that we want to grow in Germany and Northern Europe", said Thierry Varene, a member of the BNP Paribas executive committee responsible for large clients. (more...)
North Korea fires 4 ballistic missiles, Japan calls it 'extremely unsafe action'
- March 07, 2017
Here's what we know about Monday's launches. Five extended-range SCUD missiles were involved in the launch, but one of them failed while the other four landed in the sea. Malaysia has expelled the North Korean ambassador and has ordered its top diplomat in North Korea to return home. According to the Japanese government's explanations, Abe stressed the importance of the deterrence concerning North Korea. (more...)
- March 07, 2017
Here's what we know about Monday's launches. Five extended-range SCUD missiles were involved in the launch, but one of them failed while the other four landed in the sea. Malaysia has expelled the North Korean ambassador and has ordered its top diplomat in North Korea to return home. According to the Japanese government's explanations, Abe stressed the importance of the deterrence concerning North Korea. (more...)
RBA makes cash rate call
- March 07, 2017
In a noticeably more upbeat assessment of the Australian economy, Dr Lowe said that exports have risen strongly and that non-mining business investment is up over the past year. Australia's economy grew 1.1 percent in the fourth quarter from the prior three months and 2.4 percent from a year earlier, putting it on track to meet the RBA's forecast 3 percent annual growth later this year. (more...)
- March 07, 2017
In a noticeably more upbeat assessment of the Australian economy, Dr Lowe said that exports have risen strongly and that non-mining business investment is up over the past year. Australia's economy grew 1.1 percent in the fourth quarter from the prior three months and 2.4 percent from a year earlier, putting it on track to meet the RBA's forecast 3 percent annual growth later this year. (more...)
Analysts Ratings on: Marathon Oil Corporation (NYSE:MRO)
- March 07, 2017
Over the past five trading sessions shares of The Williams Companies, Inc. Security National Trust Co. boosted its position in Anadarko Petroleum Corporation by 4.9% in the second quarter. Stockholders of record on Wednesday, February 15th will be issued a dividend of $0.05 per share. This represents a $1.44 dividend on an annualized basis and a dividend yield of 2.81%. (more...)
- March 07, 2017
Over the past five trading sessions shares of The Williams Companies, Inc. Security National Trust Co. boosted its position in Anadarko Petroleum Corporation by 4.9% in the second quarter. Stockholders of record on Wednesday, February 15th will be issued a dividend of $0.05 per share. This represents a $1.44 dividend on an annualized basis and a dividend yield of 2.81%. (more...)
Linscomb & Williams Inc. Has $8750000 Stake in General Electric Company (GE)
- March 07, 2017
Nisa Investment Advisors LLC now owns 292,543 shares of the company's stock worth $15,946,000 after buying an additional 3,550 shares during the last quarter. This report was first posted by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are accessing this piece of content on another domain, it was illegally copied and reposted in violation of worldwide copyright and trademark law. (more...)
- March 07, 2017
Nisa Investment Advisors LLC now owns 292,543 shares of the company's stock worth $15,946,000 after buying an additional 3,550 shares during the last quarter. This report was first posted by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are accessing this piece of content on another domain, it was illegally copied and reposted in violation of worldwide copyright and trademark law. (more...)
Ex-BCCI boss Anurag Thakur apologises before apex court
- March 07, 2017
The court also asked why prosecution should not be initiated against Thakur. In his apology affidavit , Thakur said he had never meant to file any false information before the apex court, and had filed an affidavit explaining the circumstances under which the averments made by him led to the initiation of contempt proceedings. (more...)
- March 07, 2017
The court also asked why prosecution should not be initiated against Thakur. In his apology affidavit , Thakur said he had never meant to file any false information before the apex court, and had filed an affidavit explaining the circumstances under which the averments made by him led to the initiation of contempt proceedings. (more...)
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US hiring slower but steady in November