Economy

OPEC likely to extend output cuts into next year

OPEC and other producing countries including Russian Federation have cut output about 1.8 million barrels per day in the first half of 2017. "After all, OPEC's target of bringing global stocks back ...

by · Economy
Most Active mover Update on SeaDrill Limited (NYSE:SDRL)

Most Active mover Update on SeaDrill Limited (NYSE:SDRL)

The stock of Seadrill Ltd (NYSE: SDRL ) has "Sell" rating given on Wednesday, September 2 by Canaccord Genuity. Noting its average daily volume at 0.21 million shares each day over the month, this s...

by · Economy
Cabinet approves abolition of Foreign Investment Promotion Board

Cabinet approves abolition of Foreign Investment Promotion Board

Currently, sectors that are under the approval route for FDI include defence and retail trading. While FIPB made recommendations on proposals below Rs 3000 crore, any foreign equity inflow of more tha...

by · Economy

Mike Pence Notre Dame speech marred by student walk-out

Valedictorian CJ Pine, an Arabic and Peace Studies graduate, also delivered a speech to fellow students - one which appeared to be littered with references to the Trump administration. Pence is not t...

by · Economy

(NUE) Earns Buy Rating from Barclays PLC

Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) have shown a low EPS growth of -32.60% in the last 5 years and has earnings growth of -651.90% yoy. Can increased its stake in Nucor by 152.5% in the th...

by · Economy
Wall Street higher at open; Fed minutes awaited

Wall Street higher at open; Fed minutes awaited

Diminishing expectations of a promised fiscal boost to the USA economy from President Donald Trump and a resurgent euro have erased almost all of the dollar's gains since the US leader's election in...

by · Economy
Tanzania: Magufuli Sacks Energy Minister Prof Muhongo

Tanzania: Magufuli Sacks Energy Minister Prof Muhongo

Tanzania is one of Africa's top gold producers, and also exports copper, nickel, silver and precious stones. The impact of the export ban means UK-listed gold miner, Acacia Mining , is losing some ...

by · Economy

Britain Raises Terror Alert Level as Investigation Makes 'Progress'

The first time the threat level was raised to critical was in 2006 during a major operation to stop a plot to blow up transatlantic airliners with liquid bombs. A Polish couple who had gone to Manch...

by · Economy

Herbalife Ltd. (HLF) Upgraded at TheStreet

Rhumbline Advisers now owns 77,218 shares of the company's stock worth $4,787,000 after buying an additional 2,064 shares in the last quarter. Now the shares of Herbalife Ltd . If you are reading t...

by · Economy

China says Moody's downgrade overestimates difficulties facing its economy

The downgrade is based on the "pro-cyclical" rating approach which is "not appropriate", the Ministry of Finance (MOF) said in a written statement. Chinese stocks fell and the Australian dollar ...

by · Economy

Checking Indicator Levels for Marks and Spencer Group PLC (MKS.L)

Finally, Shore Capital reissued a not rated rating on shares of Wolseley plc in a research report on Tuesday, March 28th. The stock's 50 day moving average is 106.69 and its 200 day moving average i...

by · Economy

Target Corporation (TGT) Is An Earnings Contender

Taking a short overview of analysts practices; TGT cleave to price to earnings ratio of 11.36, this ratio signifies dollar amount investor can expect to invest in a company in order to receive one d...

by · Economy

Infinera Corp. (INFN) Stake Increased by Teachers Advisors LLC

Also, the number of institutional investors holding Infinera Corp in their top 10 holdings was flat from 0 to 0 for the same number. Several other brokerages have also recently commented on INFN. ...

by · Economy

Trump set to exchange views with Pope Francis at Vatican

In his first month as president, Trump tried to ban Syrian refugees from entering the US. Around 100 mainly US expats voiced their own concerns in a square in Rome on Tuesday evening, chanting, ...

by · Economy

'We can use peace': Trump and Pope Francis meet

As is tradition, the pope and president exchanged gifts. "After their meeting , the pope gave Trump a medal with an olive branch ". The statement noted that Trump also met with Italian Cardi...

by · Economy

Trump, Francis: After clashing, a search for common ground

The meeting at the Vatican was the first between two leaders who have starkly differing views on a range of issues and was arranged at Trump's request. The world's biggest developed economies are expe...

by · Economy
Insurers seek stability as Trump delays health care decision

Insurers seek stability as Trump delays health care decision

I don't know whether that means that the administration is considering allowing those cost sharing subsidies to go forward in an attempt to stabilize the market and help low income people or what. "I ...

by · Economy
Pennsylvania's U.S. senators react to Trump's proposed budget

Pennsylvania's U.S. senators react to Trump's proposed budget

In 2015, federal and state spending on Medicaid was about $545 billion. "We have borrowed from our children and their future for too long, the devastating consequences of which can not be overstat...

by · Economy
Obama Apologizes, Trump Makes Deals

Obama Apologizes, Trump Makes Deals

While his message is likely to be welcomed by both Riyadh and Tel Aviv, where he arrives on Monday, Mr Trump has so far failed to follow through on his promise to renegotiate the 2015 Iran nuclear...

by · Economy
Trump Went Off-Script In His Speech About Terrorism

Trump Went Off-Script In His Speech About Terrorism

Rouhani, a cleric whose administration struck the 2015 landmark nuclear deal with world powers, decisively won a second term in Friday's election. The Trump administration rejected a request from th...

by · Economy

Brokers Change Their Target Price On Host Hotels & Resorts, Inc. (NYSE:HST)

Two Sigma Securities LLC acquired a new position in shares of Host Hotels and Resorts during the third quarter valued at about $158,000. Fiera Cap accumulated 27,195 shares or 0% of the stock. Host Ho...

by · Economy

Unusual Volume Spikes For: Healthcare Realty Trust Incorporated (HR)

Nutrisystem, Inc.is a provider of weight management services and products, including nutritionally balanced weight loss programs, multi-day kits available at retail locations and digital tools to supp...

by · Economy
Saudi Arabia, UAE Promise to Donate $100Mln to Ivanka Trump's Foundation

Saudi Arabia, UAE Promise to Donate $100Mln to Ivanka Trump's Foundation

Addressing the leaders of 50 Muslim-majority countries on Sunday , Donald Trump said India was among countries that are victims of terrorism. President Trump flew to Israel on Monday after a tw...

by · Economy
EU official says decision on Greek bailout soon

EU official says decision on Greek bailout soon

Greece doesn't have a large maturity deadline until July, when about €7 billion in obligations come due, but delaying the resolution of the program review adds to months of uncertainty that have take...

by · Economy

IMI plc (IMI) Stock Rating Reaffirmed by Goldman Sachs Group Inc

The average twelve-month target price among analysts that have issued ratings on the stock in the past year is GBX 54 ($0.70). United Utilities Group PLC had 102 analyst reports since July 31, 2015 ac...

by · Economy

Nationwide Fund Advisors Sells 84913 Shares of Twenty-First Century Fox Inc

If you are viewing this news story on another publication, it was stolen and reposted in violation of United States and worldwide trademark and copyright law. HL Financial Services LLC now owns 97,884...

by · Economy

At least 31 killed in boat wreck, Italian Coast Guard

Some 50,000 migrants have been rescued at sea en route to Italy this so far this year, a 46 percent increase over the same period in 2016. "About 200 people fell into the water when one of the boats...

by · Economy
Lowe's results disappoint in contrast to rival Home Depot

Lowe's results disappoint in contrast to rival Home Depot

Up to Tuesday's close, Lowe's stock had risen about 16 percent this year. Lowe's disappointing results come at a time when it has been working to catch up to its larger rival, Atlanta-based Hom...

by · Economy
Christie Lays Out Train Deal, Cuomo Set For 'Summer Of Hell'

Christie Lays Out Train Deal, Cuomo Set For 'Summer Of Hell'

Under Cuomo's plan, which he initially outlined in a letter to the White House on Sunday calling for federal intervention in fixing Penn, the state would combine the station takeover with other proj...

by · Economy
Firms & Funds Favorite: Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH)

Firms & Funds Favorite: Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH)

Stifel Nicolaus restated a "buy" rating and issued a $60.00 price objective (up from $48.00) on shares of Norwegian Cruise Line Holdings in a report on Thursday, February 23rd. Janus Capital Managem...

by · Economy