Economy

Drax Group Plc (DRX) Lifted to Buy at Jefferies Group LLC

The shares were sold at an average price of GBX 1,720 ($22.25), for a total value of £989,378.40 ($1,279,589.24). Lyondellbasell now has $33.24 billion valuation. Stifel Nicolaus maintained Microsemi ...

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Sinclair Broadcast Group buys Fox 13's owner, Tribune Media, for $3.9 billion

It will also assume debt of $2.7bn. "This is a transformational acquisition for Sinclair that will open up a myriad of opportunities for the company", said Chris Ripley, president-CEO of Sinclair....

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Hot Stock to Watch: Oasis Petroleum Inc. (OAS)

Hot Stock to Watch: Oasis Petroleum Inc. (OAS)

In other news, Director John E. Hagale acquired 15,000 shares of Oasis Petroleum stock in a transaction that occurred on Friday, February 24th. Equities analysts anticipate that Oasis Petroleum Inc. T...

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Microsoft Launches Streamlined OS as Answer to Chrome OS

While schools will definitely not ditch affordable Chromebooks for the $999 Surface Laptop , future computers with Windows 10 S will come with the same advantages and provide the same solutions f...

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Microsoft Surface Laptop Takes Aim At Apple MacBook Business

As the name suggests, the company has opted for a traditional clamshell laptop, ditching the touchscreen tablet with kickstand and the detachable keyboard of the Surface Book. Windows 10 S is the ope...

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NCSC urges vigilance in wake of cyber attack

The country most affected by " WannaCry " is said to be the United Kingdom, where 48 of the 248 National Health Service trusts were hit, causing widespread disruption to health services in the cou...

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RLJ Lodging Trust (RLJ) fell down -3.02% in the last trading session

RLJ Lodging Trust (RLJ) fell down -3.02% in the last trading session

Five analysts have provided estimates for RLJ Lodging Trust's earnings. The real estate investment trust reported $0.41 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consens...

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Snapchat parent company's value plummets after earnings report

Snapchat parent company's value plummets after earnings report

Snap's stock fell $5.50, or 24 percent, to $17.48 in after-hours trading. The firm had revenue of $149.60 million during the quarter, compared to analyst estimates of $158.32 million. But Facebook's...

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Cisco gets upgrade to Buy at Morgan Stanley on security-driven trends

Cisco gets upgrade to Buy at Morgan Stanley on security-driven trends

Short sellers have be throwing in the towel, too, which may have helped drive some of the recent upside for salesforce.com shares. Edmond DE Rothschild Monaco acquired a new stake in Cisco Systems d...

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Microsoft says cyberattack should be wake up call for governments

Microsoft says cyberattack should be wake up call for governments

Wainwright said the attack was indiscriminate, fast-spreading and unique because the ransomware was being used in combination with a worm - meaning that the infection of one computer could automatical...

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Bank of England poised to readjust growth outlook

Bank of England poised to readjust growth outlook

The Bank of England (BOE) held interest rates steady at 0.25 percent, as expected, on Thursday while implementing some widely anticipated modifications to its growth and inflation assumptions over the...

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Oil rebounds on Saudi assurances Russian Federation will extend supply cuts

Oil rebounds on Saudi assurances Russian Federation will extend supply cuts

Tamas Varga, an analyst at London brokerage firm PVM, said in a daily newsletter that the latest figures from the United States, the world's largest economy, are "not so bullish" for crude oil. Analys...

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British Columbia Liberals hang on to win minority government

The Liberal party won 43 seats, leaving it one seat short of a majority government . "British Columbians did tell us tonight that they want us to do some things differently", Clark told hundreds of...

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Factors to Note Before Buying Kate Spade & Company (KATE)

Factors to Note Before Buying Kate Spade & Company (KATE)

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Its book value per share for the most recent quarter is $3.4 while its price to book rat...

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Synergy Pharmaceuticals Inc (SGYP) Stock Rating Reaffirmed by BTIG Research

H.C. Wainwright initiated Synergy Pharmaceuticals Inc (NASDAQ: SGYP ) rating on Thursday, October 1. North Carolina-based Bancshares Of America Corp De has invested 0% in Synergy Pharmaceuticals Inc (...

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California Family Kicked off Delta Flight after Argument over Toddler's Seat

California Family Kicked off Delta Flight after Argument over Toddler's Seat

After the eight-minute video gained almost a million views and news media attention, Delta said Thursday afternoon it would refund the family for their travel and provide "additional compensation"...

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Analysts lose confidence in J.C. Penney

Analysts lose confidence in J.C. Penney

According to the analyst this now indicates there is a potential increase of 53.85% from J.C. Penney Company's current price of 4.55. JCP was included in 37 notes of analysts from July 22, 2015. The c...

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North Korea hails latest missile test as a 'breakthrough'

Chinese President Xi Jinping stressed the importance of improving South Korea-China relations during his meeting with a South Korean delegation visiting the country, the South Korean chief of the dele...

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Global cyberattack: A super-simple explanation of what happened

The exploit, known as "EternalBlue" or "MS17-010", took advantage of a vulnerability in the Microsoft software that reportedly had been discovered and developed by the U.S. "It had a countdown clock t...

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Trump mulling break-up of major USA banks

Trump mulling break-up of major USA banks

In a Monday interview with Bloomberg News , Trump said that overhauling the banking system was something he may be willing to tackle. Trump said. "So we're going to look at that". WHO SUPPORTS IT? Si...

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Delta testing facial recognition for self-service bag check-in at Minneapolis airport

Delta testing facial recognition for self-service bag check-in at Minneapolis airport

The airline says that the biometric self-service machine will enable it to "match customers with their passport photos through identification verification, a first for USA carriers". However, when Cus...

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China to hold next Belt and Road forum in 2019

He emphasized on policy synergy at the level of worldwide bodies and mentioned that several national planning bodies, the United Nations, worldwide conferences and regional organisations had developed...

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Son arrested after a woman's body was found at Sylvania

Son arrested after a woman's body was found at Sylvania

It is understood a family member arrived at the townhouse on Florida Street, Sylvania, about 6.45am on Monday and found her in her bed, covered in blood. "He is the one who came across the incident an...

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Cyber attack hit 200000 in 150 countries

The spread of the worm dubbed WannaCry - "ransomware" that locked up more than 200,000 computers in more than 150 countries - began after hours on Friday Australian time, scrambling data and demanding...

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Federal budget 2017: Scott Morrison makes promise of better days for government

It expects to reach a surplus of $7.4 billion by 2020-21, an improvement on the $1 billion surplus projected at the midyear budget update in December. Australia will soon owe markets more than half a ...

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Ransomware cyber-attack threat escalating - Europol

The wave of cyber attacks wreaking havoc cross the globe is "at an unprecedented level", European Union's law enforcement agency Europol said yesterday. But that apparently is not the case for governm...

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BC election exposed a polarized province

While saying the Green Party is focused on good policy and will work with either party, it certainly sounds like party leader Andrew Weaver has more in common with the NDP than the Liberals. "We need ...

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US homebuilder sentiment climbs higher in May

US homebuilder sentiment climbs higher in May

Scores for each component are then used to calculate a seasonally adjusted index where any number over 50 indicates that more builders view conditions as good than poor. "Still, the NAHB does tend to ...

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Pres. Trump proposes major tax cuts for individuals, businesses

Pres. Trump proposes major tax cuts for individuals, businesses

The Obama administration opposed raising the gas tax, though Transportation Secretary Anthony Foxx at one point said they would "keep an open mind" if Congress passed one to boost finances in the high...

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World celebrates Mother's Day today

World celebrates Mother's Day today

Mom I love you for showing me the world and for all that you have done for me. Julia Ward Howe inspired the first movement towards a mother's day during the Civil War. Pay attention. You'll ...

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