Economy

Carrizo Oil & Gas (NASDAQ:CRZO) 1Q17 Earnings Beat Analysts View

Carrizo Oil & Gas (NASDAQ:CRZO) 1Q17 Earnings Beat Analysts View

P/E of the company is not reported. The average estimate of 15 analysts surveyed by Zacks Investment Research was for earnings of 13 cents per share. If you are reading this story on another domain,...

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Fox Run Management LLC Boosts Stake in Carrizo Oil & Gas Inc (CRZO)

Two other important profitability ratios for investors to know are both returns-based ratios that measure a company's ability to create wealth for shareholders. If you are reading this story on an...

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Gold inches up from eight-week low as dollar slides

Gold inches up from eight-week low as dollar slides

Gold for June delivery on the Comex division of the New York Mercantile Exchange lost $10.24 or 0.84%, to $1,216.84 a troy ounce by 14:04 EDT. Rekindled fears that North Korea could be gearing up fo...

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Shanghai stocks slip to 7-month low after slower producer inflation

Shanghai stocks slip to 7-month low after slower producer inflation

The uptick in Chinese price growth in recent months had also fuelled hopes that it can export inflation around the world. China's producer price index (PPI), which measures costs for goods at the fa...

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OPEC Crude Oil Production Unchanged in April: Platts

The oil market is losing its faith in OPEC's attempt to lower the huge supply overhang amidst falling oil prices . Prices are down 9.1 percent this week, heading for a third weekly decline. However, ...

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Warren Buffett Jokes, But Not About Berkshire Paying a Dividend

We're going to cut the hell out of income taxes for the rich on investment income", he said on CNBC during an interview early Monday in Omaha, Neb. Still, Buffett said that layoffs were sometimes ne...

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United Airlines reaches settlement with doctor violently removed from plane

United Airlines reaches settlement with doctor violently removed from plane

Munoz and his people for not trying to throw the city under the bus or pass the buck", Demetrio said . In a phone interview with The Associated Press, Demetrio said the settlement also averts any l...

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Fewer students eating school lunches in Fleetwood

Fewer students eating school lunches in Fleetwood

The rules , championed by former first lady Michelle Obama , require schools to cut back on salt and fat and to serve more whole grains, fresh fruits, and vegetables. The Association recognizes that...

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Ginobili lifts Kawhi-less Spurs to overtime win against Rockets

Ginobili lifts Kawhi-less Spurs to overtime win against Rockets

A high-scoring affair, however, could mean that the Rockets will return home with a chance to clinch the series in Game 6 . The Spurs have made less three pointers than the Rockets in every g...

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Coach to acquire handbag company Kate Spade for $2.4bn

Coach has been seen as the favourite to acquire its fellow United States premium lifestyle and accessories brand since it was officially put on the market in February following speculation it was c...

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Syrian media claim Israeli aircraft bombed Damascus airport

Israel said the explosion was "consistent" with its policy to prevent Iran smuggling weapons to Hezbollah but stopped short of claiming responsibility for the bombing. The source said numerous arms ...

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Budget 2017: What's sweet and what's sour for Catholics across Australia

Treasurer Scott Morrison said the country's profitable banks , which have been under fire in recent months amid a series of misconduct scandals, would bear the brunt of a budget "re-set" as he abando...

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Federal Bureau of Investigation chief known for judgment calls is done in by turmoil

Federal Bureau of Investigation chief known for judgment calls is done in by turmoil

In his letter to Comey, President Trump thanked him for his service, and included a remark about personal reassurances the former Federal Bureau of Investigation director gave the president. FBI Dir...

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Warren Buffett criticises Wells Fargo, defends 3G at wide-ranging meeting

The Oracle of Omaha is bullish on Apple's flagship iPhone product. Buffett told shareholders that he blew it by not buying up stock in Google years ago. "I can very easily determine the competitive ...

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Trump reveals his team talked him out of scrapping NAFTA

Trump reveals his team talked him out of scrapping NAFTA

After the talks, Trump was convinced "they're serious about it and I will negotiate rather than terminate", the president said in an interview with The Wall Street Journal on Thursday. When it c...

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Godrej Consumer Products now has Nisaba Godrej at the helm

Godrej Consumer Products now has Nisaba Godrej at the helm

Adi Godrej will now assume the position of chairman emeritus and Vivek Gambhir will continue as managing director and CEO. Its brands include Cinthol, HIT, and GoodKnight. Nisaba who has been touted a...

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Warren Buffett says Wells Fargo botched response to abuses

Buffett and Munger started taking questions after the traditional shareholder movie, and after Buffett roamed a nearby exhibit hall featuring products from Berkshire companies. Buffett often calls on ...

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Lingard: Rashford is fantastic

Lingard: Rashford is fantastic

United go into Thursday's home leg of the semi-final with a one-goal advantage over the Spanish side and are favourites to advance to the final on May 25. It's not finished, we won 1-0 in Spain and t...

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News Corp reports 4.6 pct rise in quarterly revenue

News Corp reports 4.6 pct rise in quarterly revenue

Adjusted earnings were $39 million or $0.07 per share, up from $25 million or $0.04 per share. Overall revenues for the group rose five percent from a year ago to $1.98 billion, lifted by gains from...

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Key Numbers from Sabra Health Care REIT (NASDAQ:SBRA) 1Q17 Earnings Report

Key Numbers from Sabra Health Care REIT (NASDAQ:SBRA) 1Q17 Earnings Report

Sabra Health Care REIT (NASDAQ:SBRA) traded down 5.3635% during trading on Tuesday, reaching $23.9525. The share price of Health Care REIT, Inc. They now have a Dollars 30 price target on the stock....

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China's first homegrown plane flies into skies

The C919, made by state-owned Commercial Aircraft Corp. of China Ltd., or Comac, took off from Pudong International Airport in Shanghai. COMCAR already has 570 orders from 23 clients but aviation we...

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Alphabet Inc(NASDAQ: GOOGL) continues to beat expectations

The company delivered $24.75 billion in revenue. The tech giant reported non-GAAP earnings were $7.73 per share on a revenue of $24.8 billion, up 22 percent year-over-year, when including traffic ...

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Formidable money-making stocks for today: Cisco Systems, Inc. (NASDAQ: CSCO)

Formidable money-making stocks for today: Cisco Systems, Inc. (NASDAQ: CSCO)

First National Bank of Omaha now owns 662,648 shares of the network equipment provider's stock worth $21,019,000 after buying an additional 7,300 shares during the last quarter. Shares of Cisco Syste...

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Puerto Rico hit with 1st lawsuit from bondholders

Constitution. The governor of Puerto Rico announced Wednesday that the U.S. territory would seek a form of bankruptcy protection to restructure its $70 billion debt, the largest municipal restruct...

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Spending bill win claimed by both sides

The two discussed "safe, or de-escalation, zones" in Syria, according to the White House. The almost $1.2 trillion federal spending deal included many items that Trump and his administration previou...

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Warren Buffett's one-word answer for why he hasn't purchased Amazon shares

Buffett, a supporter of Democrat Hillary Clinton in last year's USA presidential election, said he believes Berkshire has made no political contributions at the parent company level in his 52 years at...

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William Hill to report improved trading after successful Cheltenham for bookmakers

William Hill to report improved trading after successful Cheltenham for bookmakers

In its trading update, the company said it recorded growth in wagering and net revenue across all four divisions. The plans he said, are to grow the United Kingdom market with increased investment i...

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Canada's Montreal declares state of emergency after floods

Canada's Montreal declares state of emergency after floods

Montreal Mayor Denis Coderre said some 220 people in the city had been evacuated from their homes, warning that authorities would be forced to remove people if they refused to comply with evacuation o...

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Apple Earnings Tops Street, But Revenues Miss

And how do we grow manufacturing? Speaking on CNBC's Mad Money on Wednesday, Cook boasted that Apple has already created 2 million jobs in America and said the company has plans to hire "thousan...

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Coach Announces It Is Buying Kate Spade In $2.4 Billion Deal

Coach Announces It Is Buying Kate Spade In $2.4 Billion Deal

Coach is focused on preserving Kate Spade's brand independence as well as retaining key talent, ensuring a smooth transition to Coach, Inc.'s ownership. Coach said it would pay $2.4 billion for K...

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