Economy

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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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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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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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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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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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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In death, Hernandez's murder conviction likely to be tossed

He was convicted on an unlawful possession of a gun charge and was sentenced to an additional 4 to 5 years in prison on top of his life sentence. Hernandez was visibly emotional when Friday's verdic...

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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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Textron Inc. (TXT) Issues FY17 Earnings Guidance

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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No one to be fired over forcible removal of passenger

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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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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Hear Matt Damon Get Bumped as United Airlines Spokesman on 'Kimmel'

Hear Matt Damon Get Bumped as United Airlines Spokesman on 'Kimmel'

It begins with Damon attempting to do a serious take on the ad. "You know what? No". Kimmel manages to both throw some shade at United while playing off his ongoing feud with Damon. Appropriately, Kim...

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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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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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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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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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Pastures Greening Up Across Parts of Kansas

Pastures Greening Up Across Parts of Kansas

In last week's USDA supply and demand report, corn ending stocks were steady. The pace of corn planting is below last year's levels due to heavy rains and stalled fieldwork across much of the U....

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Looters will have to return the loot, PM tweets over Mallya's arrest

Mallya, who has been declared a proclaimed offender in India, was arrested in London by the Scotland Yard on India's request for his extradition on fraud charges. That is the goal of the government", ...

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BofA's profit boosted by surge in trading

Customers also borrowed more as the economy expanded, though the pace of loan growth has slackened somewhat recently. The bank, run by Chairman and CEO Brian Moynihan, has been expected to get a big...

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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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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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Goldman Sachs posts rare miss in first-quarter earnings

Goldman Sachs posts rare miss in first-quarter earnings

Not only that, but Goldman's board authorized the repurchase of another 50 million common shares, worth $10.8 billion, or almost 13% of the current outstanding share count. The business also recently ...

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North Korea: Mike Pence says 'time for failed dialogue is over'

North Korea has been conducting several nuclear tests and missile launches in contravention of UNO resolutions. As tensions escalate in Asia with nuclear North Korea setting the region on edge, Japa...

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India's Yes Bank Q4 profit up 30 pct, beats estimates

India's Yes Bank Q4 profit up 30 pct, beats estimates

April 19 India's Yes Bank Ltd on Wednesday posted higher-than-expected quarterly net profit, helped by higher interest and other income. The share of the low-priced current and savings account depos...

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Analyst's Proposition on Swift Transportation Company (SWFT), Anadarko Petroleum Corporation (APC)

Capstone Asset Management Co.'s holdings in Anadarko Petroleum were worth $3,181,000 as of its most recent filing with the SEC. Want to see what other hedge funds are holding OXY? Anadarko Petr...

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Chipmaker Qualcomm's Revenue Falls 9

Chipmaker Qualcomm's Revenue Falls 9

Qualcomm has released its quarterly earnings results and acknowledged the ongoing legal dispute with Apple in detail. Analysts on average were expecting a profit of $1.09 per share and revenue ...

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Global Economy Gaining Momentum-For Now

While the fund said its forecasts for 2017 and 2018 were broadly based, growth in many advanced economies and commodity exporters was expected to continue to struggle. The U.S. economy is poised to ga...

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United CEO says nobody is getting fired - including the CEO

But the chief executive said that no one will be fired over the incident. According to Kirby, United has already reassured some corporate clients that its making policy changes in the wake of the no...

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Analysts At HSBC Securities Maintained Intertek Group PLC (LON:ITRK) As Hold

This was disclosed to clients in an analyst report on Tuesday morning. Analysts await Allianzgi Convertible & Income Fund (NYSE:NCV) to report earnings on May, 5. Ameriprise Inc holds 0% or 233,880 ...

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