Economy

World oil prices edge down over expected climb in U.S. output

Many U.S. sanctions against Iran were lifted in late 2015 under a nuclear deal, allowing Tehran to more than double its crude exports over 2016, adding to the global overhang. Oil prices may rise by 2...

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Major oil producers reach agreement to extend output cuts

Oil prices flipped lower late Friday morning and into a sharp fall amid fears crude markets are entering a new downtrend. During a meeting in Vienna, Austria, on November 30, 2016, OPEC members chos...

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Nasdaq Hits New All-Time Record Above 6000 Points

Biogen's shares jumped more than four per cent after the biotech company reported better-than-expected quarterly profit and revenue on Tuesday. The Nasdaq Composite hit a record high on Tuesday, w...

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Netflix To Achieve 100 Million Subscribers Shortly

EMarketer estimates Netflix will have 128 million viewers in the U.S. this year, up 6.6% from last year. By the end of this year, Piper Jaffray analyst Michael Olson expects the majority of the co...

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US missile defence equipment reaches South Korea site

They will take place in the East Sea, the South's name for the Sea of Japan, it said, and the two allies will also begin joint naval exercises in the West Sea - what it calls the Yellow Sea - on Tuesd...

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Daily Ratings & News for American Express Company

Daily Ratings & News for American Express Company

Royal Bank of Canada reiterated a "sell" rating and issued a $60.00 price objective on shares of American Express Company in a report on Friday, January 6th. Stockholders of record on Friday, April ...

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Analysts Ratings for Banco Santander, S.A.

Analysts Ratings for Banco Santander, S.A.

RBC Capital Markets raised shares of Banco Santander , from an underperform rating to a sector perform rating in a report on Wednesday, October 19th. The Lower end of the earnings estimate is $0.35, ...

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Trump tax plan seen as temporary cut without border-tax revenue

Trump tax plan seen as temporary cut without border-tax revenue

Tax reform would likely have a modest effect on growth, nearly surely not enough to match the administration's 3 percent growth target, said Mark Mazur, director of the nonpartisan Tax Policy Center a...

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A Historic But Unsurprising Election In France

A Historic But Unsurprising Election In France

Many commentators think she has reached a ceiling in the first round of the elections and won't be able to gather enough votes to beat centrist Emmanuel Macron in the second round. "I will be above pa...

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Lessons We Learned From United Airlines

The airline's parent company, United Continental Holdings, said in a public filing Friday that Munoz asked that his employment agreement be changed to remove terms that would have made him chairman of...

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Illegal immigrants in United States, particularly Mexicans, down since 2009

Illegal immigrants in United States, particularly Mexicans, down since 2009

An analysis of USA census data by Pew Research Center, published Tuesday, found there were 11 million immigrants in the country illegally in 2015 - roughly 3 percent fewer than the 11.3 million undo...

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Can Earnings Send Chesapeake Energy Corporation (CHK) Stock Soaring Back to $6.50?

Wunderlich reissued a "buy" rating and set a $10.00 price objective on shares of Chesapeake Energy in a report on Wednesday, March 29th. Heading into the stock price potential, Chesapeake Energy Co...

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Bill introduced to ban removal of passengers

Bill introduced to ban removal of passengers

The airline said that in future, off-duty crew members would be allocated seats at least an hour before departure to avoid customers being turfed off flights after boarding. As a result, it had th...

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Celebrity's giant bunny rabbit dies mysteriously on United Airlines flight to US

United Airlines has released a statement, saying that they are saddened by the death of Simon . Simon was expected to grow enough to be considered the world's biggest rabbit , Edwards said. Edw...

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Tesco (LON:TSCO) Issued With 'Reduce' Rating At HSBC

This was shown in an analyst report on 25 April. Among 24 analysts covering Weir Group PLC ( LON:WEIR ), 10 have Buy rating, 5 Sell and 9 Hold. Liberum Capital has "Buy" rating and GBX 580 target. T...

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Oil slides more after U.S. settlement on API inventory report

US crude stocks fell 1 million barrels in the latest week, according to the US Energy Information Administration , less than anticipated. U.S. crude inventories probably shrank by 1.7 million bar...

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US Drilling Growth Shows First Signs of Cooling Off at $50 Oil

US Drilling Growth Shows First Signs of Cooling Off at $50 Oil

The price for Brent crude oil, the global benchmark, was up 0.3 percent about a half hour before the start of trading in NY to $53.14 per barrel. If stocks remained too high, "we will extend this ag...

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United CEO Munoz will not chair board in 2018 following passenger furor

United Airlines along with the Chicago Department of Aviation failed to meet a Senate deadline to provide information about the forcible removal of a passenger from a flight that left him injured and ...

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Analyst's Predictions on Sarepta Therapeutics, Inc. (SRPT), PhaseRx (PZRX)

The stock ended last trade at $34.02 a share and the price is up more than 24.02% so far this year. The current Wall Street consensus is expecting Sarepta Therapeutics, Inc. Baird" was originally post...

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Eli Lilly's 1Q Earnings Beat Estimates

Eli Lilly's 1Q Earnings Beat Estimates

Analysts have a mean recommendation of 2.20 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). If you are re...

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Microsoft expands IoT with SaaS, edge and analytics

Microsoft expands IoT with SaaS, edge and analytics

The concept of monitoring persistent memory storage is becoming more and more critical to understanding a device's health. Semiconductor firm Micron Technology Inc. The service is designed to to o...

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In wake of passenger-dragging incident, United CEO won't automatically become chairman

Dao was dragged off a flight in Chicago April 9 by airport police after he refused to give up his seat on the full plane to make room for crew members. Munoz wrote that he was "personally committed to...

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IMF Lowers Egypt's 2017 Growth Forecast as Reform Costs Mount

IMF Lowers Egypt's 2017 Growth Forecast as Reform Costs Mount

It held the U.S. growth forecast steady at 2.3 per cent, which still represents a substantial jump from 1.6 per cent growth in 2016, partly due to expectations that President Donald Trump will cut tax...

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Healthy profits for McDonald's, others vault stocks higher

In 2.05pm trading, the Standard & Poor's 500 Index increased 0.7 per cent. Wall Street's industrial bellwether got a big boost from corporate earnings reports Tuesday, with four components reporti...

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Securities Analyst Recommendations: DDR Corp. (DDR), International Business Machines Corporation (IBM)

Securities Analyst Recommendations: DDR Corp. (DDR), International Business Machines Corporation (IBM)

A number of other equities analysts have also issued reports on the stock. It is calculated by dividing the current closing price of the stock by the latest quarter's book value per share. State Stree...

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Credit Suisse to raise $4B in share issue as 1Q reaps profit

Credit Suisse to raise $4B in share issue as 1Q reaps profit

Finally, Riverhead Capital Management LLC increased its stake in Credit Suisse Group AG by 484.2% in the third quarter. Credit Suisse First Boston provides securities underwriting, sales and tradi...

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Oil markets on path to recovery due to Opec deal

The EIA (U.S. Energy Information Administration ) reported that USA gasoline inventories rose by 1.5 MMbbls (million barrels) to 237.7 MMbbls on April 7-14, 2017. Citi analysts say the increase in ...

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The KeyCorp Weighs in on Wal-Mart Stores Inc's FY2019 Earnings (WMT)

The KeyCorp Weighs in on Wal-Mart Stores Inc's FY2019 Earnings (WMT)

The company has a 50-day moving average of $71.54 and a 200-day moving average of $69.90. WMT has a 1-year high price of $ 75.11 and 1-year low price of $61.40. Jefferies Group LLC reaffirmed a "buy...

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Capital One Financial Corp. (COF) to Release Quarterly Earnings on Tuesday

The stock now has a Market Cap of $1.03B. (NYSE:COF). Conning reported 0.05% stake. Capital One Financial Corporation's P/E stands at 12.11, while the P/S is at 1.77 and earnings per share this ye...

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Answers demanded after United passenger dragged off plane

The company said late Friday that it will now require commuting staff and crew members to check into flights 60 minutes prior to departure. The incident that happened on United Express Flight 3411 w...

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