Economy

EBay Inc (EBAY) Given

EBay Inc (EBAY) Given "Hold" Rating at Royal Bank of Canada

Wetherby Asset Management Inc. boosted its position in shares of eBay by 0.4% in the fourth quarter. Looking back over the last month, shares have performed 4.05%. WARNING: This article was original...

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Amazon Australia is launching

Amazon Australia is launching

Australian retailers have been gearing up for the impact of Amazon but many business commentators have predicted that its arrival will "destroy" Australian retailers within five years. The electronic ...

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Oil prices dip on bloated U.S. market, mixed Saudi signals

Oil prices dip on bloated U.S. market, mixed Saudi signals

Some of that is due to rising U.S. oil production, but also because of U.S. Strategic Petroleum Reserve (SPR) sales and traders draining storage as they find less incentive to play the storage game an...

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US, China working 'closely' on North Korea: Mattis

Yokosuka naval base in Tokyo Bay. North Korea has defied global pressure over its quest to develop a nuclear-tipped ballistic missile capable of reaching the United States mainland. Pence, dressed i...

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Toronto stock index, Canadian dollar down

Toronto stock index, Canadian dollar down

The Nasdaq composite index gained 31.56 points at 5,881.03. TORONTO-Canada's main index and the key US market benchmarks were down moderately today. That's likely because the underlying fundamentals...

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No One Will Be Fired For Dragging Incident: United Airlines

Shares in the firm have fallen 4.4 percent, almost $1 billion in market value, since the shocking footage emerged. Footage of 69-year-old Dao being pulled screaming from his seat emerged earlier thi...

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House of Commons approves snap general election

She said a general election will provide Britain with five years of strong and stable leadership to see the country through its negotiations with the European Union to make sure "we are able to ma...

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Oil futures slip as analysts determine market still flooded amid production increases

OPEC said Wednesday that its output continued to fall last month, as members hewed more closely to agreed-upon production targets. OPEC meets on May 25 to consider extending the cuts beyond June....

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Delta Air Lines DAL reiterated as Outperform By Cowen

Delta Air Lines DAL reiterated as Outperform By Cowen

Zacks Investment Research downgraded shares of Delta Air Lines from a "buy" rating to a "hold" rating in a report on Friday, February 17th. Imperial Capital reissued an "in-line" rating and set a $...

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Rio Tinto plc (RIO) Given "Outperform" Rating at Macquarie

Shares of Rio Tinto plc (NYSE:RIO) have been given an average recommendation of "Buy" by the twenty-one ratings firms that are covering the company. Based on the brokers price target of 3800, this mea...

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Stephens Reiterates Hold Rating for PacWest Bancorp (PACW)

Stephens Reiterates Hold Rating for PacWest Bancorp (PACW)

The insider WELCH JAMES L sold $1.31M. Nuveen Fund Advisors LLC now owns 23,107 shares of the financial services provider's stock valued at $992,000 after buying an additional 2,494 shares during the ...

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Breaking! President Buhari Suspends SGF Babachir Lawal & DG NIA Ayodele Oke

Breaking! President Buhari Suspends SGF Babachir Lawal & DG NIA Ayodele Oke

Sani's committee had in December a year ago indicted Lawal in a grass cutting contract scandal worth N200m involving the Presidential Initiative on North East (PINE). He had, in immediate reaction to ...

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Oracle to buy digital measurement company Moat

Founded in 2010, Moat allows advertisers and publishers to measure and track online ads. Moat will operate as an independent division under the Oracle Data Cloud . Oracle announced that Moat will c...

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Cowen Issues Price Target With 6.7% Upside On Allegheny Technologies Incorporated

Cowen Issues Price Target With 6.7% Upside On Allegheny Technologies Incorporated

Analysts have a mean recommendation of 2.00 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). The company e...

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OPEC chief says producers seek market stability

OPEC chief says producers seek market stability

In EnerCom's model, the majority of US basins remain economic even if the three OPEC members increase production to their intended targets. "We need to look at both the [oil] products and the crude ...

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Analytical Guide for Newmont Mining Corporation (NEM), Fifth Third Bancorp (FITB) Stakeholders

Corporate insiders own 0.22% of the company's stock. Mitsubishi Ufj Securities Holdings Limited holds 0.02% of its portfolio in Newmont Mining Corp (NYSE:NEM) for 120 shares. If you are reading this...

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Energy Transfer Equity LP (ETE) Receives $20.17 Average Target Price from Analysts

Energy Transfer Equity LP (ETE) Receives $20.17 Average Target Price from Analysts

Several analysts recently commented on the company. Mizuho reaffirmed a "buy" rating on shares of Energy Transfer Partners in a report on Monday, December 26th. If you are reading this news story on a...

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Fed survey finds moderate economic growth in spring

Fed survey finds moderate economic growth in spring

In its periodic report on economic conditions, known as the beige book, the Fed noted fairly widespread optimism in the manufacturing sector, as output continued to gain, tempered with some caution du...

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Daines and Tester divided on Gorsuch confirmation

Daines and Tester divided on Gorsuch confirmation

McConnell said Gorsuch, who also worked in the Justice Department under Republican former President George W. Bush and is the son of the first woman to head the Environmental Protection Agency, has "s...

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Despite passenger-dragging nightmare, United execs are upbeat about airline's prospects

Company executives said it's too soon to know if the incident is hurting ticket sales. In particular, Mr Apfel believes that the incident should prompt airlines to re-examine their policies and proc...

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Pence Vows 'Overwhelming' US Response To North Korea

Pence Vows 'Overwhelming' US Response To North Korea

North Korea has promised " nuclear thunderbolts " and "all-out war", but any conflict between the United States and Kim Jong Un's regime would likely be bloody and result in the near destruction of No...

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Trump seeks shift in visa allotments crucial to tech outsourcing

White House said the order "calls on the executive branch to fully enforce the laws governing the entry of foreign workers into the US economy, to promote rising wages and more employment". The trai...

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Australia follows U.S. over India-leaning visa programme

The Australian Chamber of Commerce and Industry welcomed the changes. 'Citizenship must be valued and we are making changes so that the practices and principles of those obtaining citizenship are co...

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Jose Baez calls for 'thorough investigation' into Aaron Hernandez's death

Jose Baez calls for 'thorough investigation' into Aaron Hernandez's death

Hernandez's family and legal team said they were "shocked" by his death, calling for a transparent and thorough investigation. "Ten, 20 years, it's just got to feel endless". Aaron Hernandez was foun...

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Morgan Stanley posts 1Q profit

Morgan Stanley posts 1Q profit

Basic materials companies rose behind gains for packaging companies WestRock, which added $2.44, or 4.8 percent, to $53.07 and International Paper, which rose $1.11, or 2.2 percent, to $52.56. The fig...

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AmEx profit tops estimates as card members spend more

AmEx profit tops estimates as card members spend more

Bank of Montreal Can's holdings in Express Scripts Holding Company were worth $42,136,000 at the end of the most recent quarter. The number of shares now owned by investors are 600.31 mln. During the ...

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No one to be fired over forcible removal of passenger

And as Munoz has repeatedly done in recent days, he apologized to customers and said he took full responsibility for what happened on Flight 3411, including the forcible eviction of David Dao. "Ther...

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Chip equipment stocks surge after strong Lam Research, ASML results

Chip equipment stocks surge after strong Lam Research, ASML results

Finally, Cim Investment Mangement Inc. increased its position in Lam Research by 1.2% in the fourth quarter. The Fremont, California-based company's stock closed up more than 6 percent on Wednesda...

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EBay Inc. Earnings Ahead: Quick Glance

EBay Inc. Earnings Ahead: Quick Glance

Expected growth of eBay Inc. Hilliard Lyons also Upgrade the company to Buy on 21-Oct-16, 2016. "It takes a lot to turn a ship like this around", said Aaron Turner, an analyst at Wedbush Securities ...

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Textron Inc. (TXT) Issues FY17 Earnings Guidance

State Treasurer State of MI increased its position in Textron by 0.7% in the third quarter. The company reported $0.80 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.87...

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