Economy

Economy Morgan Stanley Q2 earnings top expectations
Author: 0 Morgan Stanley Q2 earnings top expectations

The unit's revenue fell just 4 percent from the same period past year - better than any of its peers and far ahead of laggard Goldman's 40 percent drop. Fees grew 10 percent. The bank's 9.1 per cent return on equity, a measure of profitability, was within the 9 per cent to 11 per cent target Gorman set out to hit by the end of 2017.

Economy Lonmin Plc (LON:LMI) Receives Neutral Rating from JP Morgan Chase & Co
Author: 0 Lonmin Plc (LON:LMI) Receives Neutral Rating from JP Morgan Chase & Co

Schroders plc (LON:SDR) had its target price lifted by Liberum Capital from GBX 2,789 ($36.13) to GBX 3,387 ($43.87) in a report released on Wednesday morning. The Retailing segment is engaged in the operation of supermarkets and convenience. Shares of Persimmon plc ( PSN ) traded up 2.10% on Wednesday, hitting GBX 2436.00.

Economy Cholera epidemic kills over 1800 in Yemen
Author: 0 Cholera epidemic kills over 1800 in Yemen

The coalition has since March 2015 been targeting Houthi rebels fighting pro-government forces in Yemen in the country's deadly civil war and worldwide rights groups accuse it of bombing civilian gatherings, markets, hospitals and residential areas across the country.

Economy Nod for Oil and Natural Gas Corp- Hindustan Petroleum Corp Ltd merger
Author: 0 Nod for Oil and Natural Gas Corp- Hindustan Petroleum Corp Ltd merger

Oil and Natural Gas Corp (ONGC) will buy government's 51.11 per cent stake in HPCL, but will not have to make an open offer as the government's holding is being transferred to another state-run firm and the ownership isn't changing. HPCL will retain its brand post merger. Finance Minister Arun Jaitley, in his Budget speech, had proposed the idea of an integrated oil company. ONGC had evaluated options of acquiring either HPCL or BPCL - the two downstream oil refining and fuel marketing ...

Economy Top oil buyer's demand in peril as OPEC wrestles over output
Author: 0 Top oil buyer's demand in peril as OPEC wrestles over output

OPEC's increased supply is largely due to high output from Libya and Nigeria, two member-states that are now exempt from OPEC's imposed production cuts . Oil prices had climbed Tuesday, buoyed by a report that said Saudi Arabia is considering a 1 million barrel-a-day cut to its crude exports to offset a rise in output from Libya and Nigeria-two OPEC members who have been exempt from the output-cut agreement.

Economy Scripps Networks Interactive, Inc (SNI) Downgraded by Zacks Investment Research to Sell
Author: 0 Scripps Networks Interactive, Inc (SNI) Downgraded by Zacks Investment Research to Sell

Discovery CEO David Zaslav had said that there were discussions about potential deals at a time when broadband and cable companies were merging and need content to de-commoditise and differentiate that pipe. Scripps stock was up 12.5% a little more than three hours after trading closed Tuesday. J P Morgan Chase & Co raised shares of Scripps Networks Interactive to a neutral rating and set a $83.00 target price for the company in a report on Monday, May 15th.

Economy Alabama's mad cow had an unusual form of the disease
Author: 0 Alabama's mad cow had an unusual form of the disease

The World Organisation for Animal Health has recognised the USA as negligible risk for BSE. When the classical case was found in 2003, several countries moved to ban beef imported from the U.S. The detection is the fifth known case of BSE in the US. Brooks said there was no obvious reason why the "spontaneous" transmission would occur in Alabama more than other parts of the country, but that it appears to be a random event.

Economy BBC Salaries Ignite Debate Over Appropriate Pay, Gender Equity
Author: 0 BBC Salaries Ignite Debate Over Appropriate Pay, Gender Equity

But others argued the information would erode public support for the BBC - and likely drive salaries up, as BBC staff who aren't on the list demand raises. In a statement, the BBC's Director-General Lord Hall defended the organisation as "more diverse than the broadcasting industry and the civil service" but admitted that "there is more to do ".

Economy Audi comes a cropper with Chinese mother-in-law
Author: 0 Audi comes a cropper with Chinese mother-in-law

Another user with the acronym " Dangling Little Bamboo " commented on the video saying, " he marries his wife but has to have an examination and inspection by his mother, the groom is fairly incompetent, looks like audi's target market are chauvinists and mama's boys ".

Economy Pension age will rise to 68, confirms pensions minister David Gauke
Author: 0 Pension age will rise to 68, confirms pensions minister David Gauke

The Government has been accused of "picking the pockets" of millions of people in their forties after announcing that anyone born between 1970 and 1978 will have to wait for an extra year before receiving their state pension. And most people can work longer - but we really need to find ways to include those who are unable to do so, and who have much lower-than-average lifespans.

Economy The Beyhive Isn't Thrilled With This Beyonce Wax Figure
Author: 0 The Beyhive Isn't Thrilled With This Beyonce Wax Figure

The outpouring of anger actually sprouted from a compliment, as one Twitter user posted an image of the figure with the caption, " Beyonce wax figure at @ MadameTussauds is FIERCE!" This past winter, Kylie Jenner snapped a behind-the-scenes look at the making of her own Madame Tussauds wax figure.

Economy Darjeeling unrest: GJM supporters vandalise govt buildings in Mirik
Author: 0 Darjeeling unrest: GJM supporters vandalise govt buildings in Mirik

Bharatiya Gorkha Parisangh president Sukhman Moktan, who is a member of the Gorkhaland Movement Coordination Committee , told PTI, "We have chose to continue the shutdown as it is a demand of the people in the hills that until Gorkhaland is formed, there will be no relaxation in agitation".

Economy Brewers send Stephen Vogt to 10-day DL, recall Jett Bandy
Author: 0 Brewers send Stephen Vogt to 10-day DL, recall Jett Bandy

He eventually got to his feet and walked off under his own power, later diagnosed as having a strained left knee and strained neck. The umpires ruled Kuhl out and did not review the play. The Brewers made more roster moves. Vogt's initial position was well clear of the plate meaning Kuhl had a clear path to the plate. Guerra is set to start the second game of the Brewers' series with the Pirates on Tuesday, and 4.78 ERA and a 1.592 WHIP in 10 starts this season.

Economy Girl, 12, killed by boat driven by her dad
Author: 0 Girl, 12, killed by boat driven by her dad

He put the boat in neutral as it passed over the girl in the water at slow speed, but she suffered serious injuries to her torso. Efforts to revive her through cardiopulmonary resuscitation were unsuccessful. Lakes Region Mutual Fire Aid Dispatch sent Bridgewater and Bristol Fire/EMS to the Mayhew Turnpike address near the Hebron town line at 8:31 a.m. reporting that a child had been run over by a boat on the lake and was being taken to shore.

Economy Lockheed Martin Corporation (LMT) Tops Earnings Estimates
Author: 0 Lockheed Martin Corporation (LMT) Tops Earnings Estimates

Tropicana Entertainment Inc (OTCMKTS:TPCA) has 0.00% since July 18, 2016 and is. It has underperformed by 16.70% the S&P500. Lockheed Martin Corporation (NYSE: LMT ) last issued its quarterly earnings results on Tuesday, April 25th. 14,894 are held by Howland Cap Mngmt Ltd Com. Meiji Yasuda Life Insurance, a Japan-based fund reported 4,670 shares. The company has been working to expand its worldwide customer base, which accounted for 27 per cent of revenue past year.

Economy Amazon to cook up meal kit service, adding to Blue Apron woes
Author: 0 Amazon to cook up meal kit service, adding to Blue Apron woes

Josh Chadd said that the Meal Kits starting showing up in his AmazonFresh search results about a week or two ago; user reviews indicate that the service has been available since late June. Already, startups Sprig , SpoonRocket and Maple Food have closed operations. Packaged Facts calls the list of companies in the meal kit space a "food industry 'Who's Who" including, along with Amazon , Campbell Soup, Kroger, Martha Stewart, Peapod, Publix, Tyson and Unilever.

Economy Ericsson Shares Plunge After Poor 2Q Report, Cuts to Continue
Author: 0 Ericsson Shares Plunge After Poor 2Q Report, Cuts to Continue

More market adjustments could ding results for the coming 12 months by 3B-5B kroner. The company has slashed jobs and accelerated cost cuts while shares have lost roughly a third of their value in the past two years, with some investors fearing plans rolled out by new CEO Borje Ekholm will not be enough to generate growth.

Economy Inflation sees surprise drop to 2
Author: 0 Inflation sees surprise drop to 2

Many economists though, expressed their conviction that inflation will reenter a rising path soon. The fall in headline inflation will likely tilt the Bank of England's monetary policy committee (MPC) away from a vote for an interest rate hike, after a flurry of interviews by policymakers in recent weeks had put tighter monetary policy on the table.

Economy Advertising watchdog to crack down on gender role stereotypes
Author: 0 Advertising watchdog to crack down on gender role stereotypes

The new standards will be drawn up by the Committee of Advertising Practice (CAP), according to a new report on gender stereotypes in advertising (64-page / 5.4MB PDF) published by the Advertising Standards Authority (ASA), the watchdog that oversees compliance with United Kingdom advertising rules.

Economy Carmelo Anthony Contract Buyout Not an Option for Knicks, Per Steve Mills
Author: 0 Carmelo Anthony Contract Buyout Not an Option for Knicks, Per Steve Mills

Even with nemesis Phil Jackson no longer leading the New York Knicks , it appears that future Hall of Fame forward Carmelo Anthony has no interest in returning to the Big Apple. "I will work tirelessly to develop a culture that demands results, commitment and pride from everyone fortunate enough to be associated with our team - from our staff to our players, Nothing comes close to Madison Square Garden for basketball, and it is our right and responsibility to showcase that tradition of ...

Economy Two South Tyneside parks awarded prestigious Green Flags
Author: 0 Two South Tyneside parks awarded prestigious Green Flags

Wepre Park and Greenfield Heritage Park delighted to achieve the Green Flag Award, the worldwide mark of a quality park and green space. Flags are flying at a wide range of green spaces this year - from wetlands and cemeteries, to woodlands and universities.

Economy Brexit: PwC warns on recession risk if negotiations progress poorly
Author: 0 Brexit: PwC warns on recession risk if negotiations progress poorly

The uncertainty caused by Brexit is having a negative impact on the Scottish economy and housing market, according to business advisers PwC. The UK economy will slow this year and next to its slowest rate since 2012 as Britons continue to tighten their belts in the face of rising inflation, according to new forecasts predicting an even bigger hit to consumer spending .

Economy Robot 'drowns' in fountain mishap — BBCI
Author: 0 Robot 'drowns' in fountain mishap — BBCI

It is unclear if this particular K5 survived the dip or what were the reasons behind the plunge. Two-thirds of Americans believe that robots will be doing the jobs of humans in 50 years. But we've also recently seen a real-life example, in the Georgetown Waterfront shopping complex in D.C. There, a security robot , programmed to patrol the area, made a decision to end it all in a centrally located fountain.

Economy Kirk Cousins likely to play 2017 under franchise tag
Author: 0 Kirk Cousins likely to play 2017 under franchise tag

Monday afternoon, the deadline passed for teams to reach contract extensions with players who have been slapped with the franchise tag. The Panthers were 6-10 last season, a year after reaching Super Bowl 50, where they lost to Denver. So it doesn't offend me, it doesn't bother me. It's meant he got that $43.9 million win, lose or cut me. "So I totally understand that, and it doesn't rub me the wrong way at all".

Economy Would You Buy Dominion Diamond Corporation (NYSE:DDC) On These Analyst Ratings?
Author: 0 Would You Buy Dominion Diamond Corporation (NYSE:DDC) On These Analyst Ratings?

The institutional investor held 1.53 million shares of the precious metals company at the end of 2016Q4, valued at $14.84M, up from 1.16M at the end of the previous reported quarter. HighTower Advisors LLC increased its stake in Dominion Diamond Corporation by 11.1% in the first quarter. WARNING: This report was first reported by BNB Daily and is the property of of BNB Daily.

Economy Millennial Employees Prefer Student Loan Benefits
Author: 0 Millennial Employees Prefer Student Loan Benefits

Billions of dollars in student loans may be wiped out for tens of thousands of borrowers in the U.S. because a lender didn't keep track of the paperwork verifying ownership of the loans, according to The New York Times . For the economists who have always been anxious about the US's impending student-loan crisis, it's even worse. The defaulted loans were first issued by a number of banks, before being bundled together and sold to investors.

Economy Goldman Sachs profits flat in 2Q, but still beat forecasts
Author: 0 Goldman Sachs profits flat in 2Q, but still beat forecasts

First National Tru Com stated it has 5,112 shares or 0.17% of all its holdings. Finally, Vetr downgraded Goldman Sachs Group, Inc . (The) by 172.3% in the first quarter. NOW's revenue has grown at an average annualized rate of about 80.1% during the past five years. On Friday, February 3 SMITH SARAH G sold $2.51 million worth of Goldman Sachs Group Inc (NYSE:GS) or 10,691 shares.

Economy Why does Jared Kushner still have a security clearance?
Author: 0 Why does Jared Kushner still have a security clearance?

The president's hapless eldest son, Donald Trump Jr. - who convened the June 2016 meeting with a Russian lawyer for the objective of obtaining dirt on Hillary Clinton - had no operational role in the campaign. White House adviser and son-in-law to U.S. president Donald Trump , Jared Kushner , is reportedly amending a financial disclosure in March to reveal almost a quarter million dollars worth of Israel bonds that went previously unmentioned.

Economy International Business Machines Corporation
Author: 0 International Business Machines Corporation

HighPoint Advisor Group LLC now owns 21,150 shares of the technology company's stock valued at $3,848,000 after buying an additional 2,209 shares during the period. (NYSE: IBM ) rating on Wednesday, October 28. Creditors will loan money at a cheaper rate to a profitable company than to an unprofitable one; consequently, profitable companies can use leverage to increase stockholders' equity even more.

Economy Bank of America profit rises as consumer bank hits profit
Author: 0 Bank of America profit rises as consumer bank hits profit "milestone"

Artal Group Sa who had been investing in Bank Amer Corp (Call) for a number of months, seems to be less bullish one the $237.17B market cap company. Shareholders of record on Friday, June 2nd were paid a dividend of $0.075 per share. As per Wednesday, August 19, the company rating was maintained by Pritchard Capital. That may help Bank of America's quarterly earnings-but long-term rates have retreated since late June, bringing the yield curve back under pressure .

Economy To Buy Or Sell Astrazeneca PLC (NYSE:AZN) On Latest Analyst Consensus
Author: 0 To Buy Or Sell Astrazeneca PLC (NYSE:AZN) On Latest Analyst Consensus

About shares traded. National American University Holdngs Inc (NAUH) has risen 10.50% since July 18, 2016 and is uptrending. HSBC Holdings plc reiterated a hold rating and issued a GBX 535 ($6.99) price objective on shares of A.G. It improved, as 18 investors sold EVRAZ plc shares while 80 reduced holdings. D E Shaw & reported 0.02% of its portfolio in First Bancorp (NYSE:FBP).

Economy Harley-Davidson, Inc. (HOG) Cut to
Author: 0 Harley-Davidson, Inc. (HOG) Cut to "Market Perform" at Sanford C. Bernstein

During the same period in the previous year, the business posted $1.36 earnings per share. Kentucky Retirement Systems acquired a new stake in Harley-Davidson during the fourth quarter worth approximately $748,000. Analysts expect next quarter's EPS will be $0.77 and the next full year EPS is anticipated to be $4.13. Edgemoor Investment Advisors Inc decreased Emerson Elec Co (EMR) stake by 8.53% reported in 2016Q4 SEC filing.

Economy Shares in Wells Fargo & Company (WFC) Acquired by Bank of Stockton
Author: 0 Shares in Wells Fargo & Company (WFC) Acquired by Bank of Stockton

It has outperformed by 18.01% the S&P500. Phill Gross increased its stake in Wells Fargo & Co New ( WFC ) by 62.38% based on its latest 2016Q4 regulatory filing with the SEC. Scotia Capital Inc increased Allergan Plc stake by 4,997 shares to 30,749 valued at $6.46 million in 2016Q4. Walter & Keenan Financial Consulting Company sold 18,892 shares as Wells Fargo & Co New ( WFC)'s stock declined 8.66%.

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