Markets

by | February 27, 2017 | 01:10

The number of oil rigs increased this week by 5, up from 597 last week to 602 this week. The total rig count increased by 3 to 754, with 1 miscellaneous rig remaining in use. Texas saw three rigs added to the booming Permian Basin, as well as three in the slowly recovering Eagle Ford shale. Baker Hughes is an American industrial service company, one of the world's largest oil field services companies.

by | February 27, 2017 | 01:08

Crude maintained losses after data showed a further rise in US oil rigs, but ended the week with modest gains. In the past couple of months, traders have been profiting off sending oil cargoes from the North Sea, West Africa and the Americas to the Asian markets, cutting in into the market shares of the Middle Eastern producers.

by | February 26, 2017 | 01:12

The index fund is up 85.4%, Buffett said in his letter, while the hedge fund groups are up between 2.9% and 62.8%. Berkshire's year-end results were released Saturday alongside Mr. In addition, the 86-year-old Mr. Buffett, whose shrewd investments have earned him the nickname "the Oracle of Omaha", still has plenty of cash on hand for future acquisitions as a way to drive profit.

by | February 26, 2017 | 01:11

Protesters and law enforcement have clashed multiple times and hundreds have been arrested since demonstrations began in August. Attorney General Wayne Stenehjem said he already has the authority to deputize agents from certain federal agencies, but the Senate bill would expand that to agents from the Bureau of Alcohol, Tobacco, Firearms and Explosives as well as the Department of Homeland Security.

by | February 26, 2017 | 01:03

There is "no daylight" between Secretary of Education Betsy DeVos and Attorney General Jeff Sessions when it comes to the decision to eliminate guidance set by the previous administration that ensures transgender students have access to a bathroom that matches their gender identity, White House press secretary Sean Spicer said Wednesday .

by | February 25, 2017 | 00:42

Under the new ownership, the chicken chain will be "accelerating its pace of growth" with the opening of new restaurants in the United States and elsewhere, it added. "It's all about growth - and that stems from Cheryl coming in and righting the ship". Not only do investors generally favor franchise-heavy models because they are less capital-intense, but the 98%-franchised figure fits well with Restaurant Brands' existing strategy: Burger King is almost 100% franchised.

by | February 24, 2017 | 01:01

They also pointed at the relatively high degree of uncertainty on issues ranging from Donald Trump administration's economic plans to the impact of a strengthening USA dollar. The latest minutes note that "a few" officials are in favour of raising interest "in a timely manner, potentially at an upcoming meeting" would increase the Fed's flexibility.

by | February 24, 2017 | 00:58

Underlying profits for Barclays - not including one-off items - were up by £200m to £6.4bn, despite profits falling back slightly in both United Kingdom and global divisions. The adjusted remaining pre-tax profit of 284 million pounds missed the short of achieving 646 million-pound usual estimate of five experts reviewed by Bloomberg News, as the firm took charge for rushing the expenses of conceded bonuses.

by | February 24, 2017 | 00:58

In a tweet, Schiphol said: "The landing gear of a Flybe airplane collapsed during touch down". Photographers Dennis Janssen was at the airport to shoot footage of planes landing during the adverse weather when he captured this incident by chance.

by | February 24, 2017 | 00:57

The airline says it will establish bases for its pilots and cabin crew to support two Boeing 737-MAX aircraft at T.F. Green and Stewart, but not Bradley. American carriers have for years protested Norwegian Air's presence in the us market, complaining that Europe's third-largest budget airline is adding flights that exceed traveler demand, pushing down fares and hurting airlines' revenue.

by | February 24, 2017 | 00:54

Share markets have jumped since the November presidential election in what has been dubbed the "Trump rally". President Donald Trump declared China the "grand champions" of currency manipulation on Thursday, just hours after his new Treasury secretary pledged a more methodical approach to analyzing Beijing's foreign exchange practices.

by | February 22, 2017 | 01:11

However, it's not only individual users on social media who will benefit from the new capability. Azimo Ltd., a foreign exchange transfer service that is a rival to TransferWise, announced an integration with Facebook Messenger in August.

by | February 22, 2017 | 01:01

The company had revenue of $23.20 billion for the quarter, compared to the consensus estimate of $23.05 billion. Looking ahead, the chain expects sales growth of about 4.6 percent and earnings of $7.13 per share for the new fiscal year.

by | February 18, 2017 | 00:56

Although, she stepped back from indicating there would be a short-term rate increase at the upcoming Fed meeting in March , but at the same time she left the possibility of a rate hike on the table. The committee's view that gradual increases in the federal funds rate will likely be appropriate reflects the expectation that the neutral federal funds rate - that is, the interest rate that is neither expansionary nor contractionary and that keeps the economy operating on an even keel - will ...

by | February 18, 2017 | 00:54

South Carolina Governor Henry McMaster, Mother Emanuel AME Church's Rev. Eric Manning, and Boeing Chairman, President and CEO Dennis Muilenburg are also among those speaking today. "As your president I'm going to do everything I can to unleash the power of the American spirit and to put our great people back to work", he said.

by | February 16, 2017 | 01:19

Annual rate of inflation was 3.39 per cent for December 2016 and minus 1.07 per cent in January 2016. Separate ONS data showed prices paid by factories for fuel and materials rose at an annual rate of 20.5 percent in January, the sharpest rise since September 2008.

by | February 16, 2017 | 01:15

The deal also ensures that the leftovers of Yahoo's operations from the deal will be renamed Altaba Inc. and the combined company will have to deal with the legal responsibilities linked to the breaches. It was extensive hacking, first reported by Recode late a year ago, that caused a snag in the closing of the deal for the telco giant to buy Yahoo.

by | February 15, 2017 | 01:00

The company reported its last quarter on Sep 16. Restaurant Brands has also been considering the acquisition of other companies, one of the people added. The Stock has YTD (year to date) performance of 12.88 percent. The legal version of this piece of content can be viewed at https://www.com-unik.info/2017/02/14/cowen-and-company-boosts-restaurant-brands-international-inc-qsr-price-target-to-51-00.html.

by | February 15, 2017 | 00:59

The bank said it had set aside about $2 billion in the fourth quarter 2016 to help pay for what became a $5.3 billion settlement with the U.S. Justice Department, finalized last month, over claims that the bank misled investors about the quality of mortgage-backed securities that it sold before the 2008 financial crisis.

by | February 15, 2017 | 00:58

Testifying before Congress on Tuesday, Yellen highlighted accelerating growth, higher inflation and a robust labor market in the United States, warning at the same time that the Trump administration's spending plans should be consistent with putting the budget on a "sustainable trajectory".

by | February 13, 2017 | 01:10

Sears Holdings implied that other, non-Trump Home items had also been removed as part of its "initiative to optimize its online product assortment". As part of that retooling, 31 Trump Home items have been removed from the online store, it said.

by | February 10, 2017 | 02:16

Its forecasts over growth are 53.00% during current year while analysts' growth estimation for the next year is 0.50%. Over the past 50 days, Activision Blizzard, Inc .'s stock is -3.31% off of the high and 12.13% removed from the low.

by | February 10, 2017 | 02:15

In a statement Nokia said: "The planned acquisition is part of Nokia's strategy to build a standalone software business at scale by expanding and strengthening its software portfolio and go-to-market capabilities with additional sales capacity and a strategic partner network".

by | February 08, 2017 | 00:57

The company's stock has a Return on Assets (ROA) of -6.2 percent, a Return on Equity (ROE) of -7.3 percent and Return on Investment (ROI) of -7.7 percent. The difference between the expected and actual EPS was $0.27/share, which represents an Earnings surprise of 18.6%. The Market Capitalization of the company stands at 55.21 Billion.

by | February 08, 2017 | 00:55

But their rhetoric would have you think so. " Planned Parenthood says it's a champion of women's health care, yet prenatal care, which is an essential service for expectant mothers, is virtually nonexistent", said Rose at the time. Abby Johnson, who worked for eight years at a clinic in Texas before leaving Planned Parenthood in 2009, told The Christian Post last year that Planned Parenthood even fired employees if clinics could not meet abortion quotas.

by | February 08, 2017 | 00:53

The firm has a market cap of $56.55 billion, a P/E ratio of 20.15 and a beta of 1.31. Twenty-First Century Fox, Inc .'s ( FOXA ) witnessed a loss of -0.19% in recent trading period with closing price of $31.40. Several companies reported on their latest quarterly data Monday, including Fabrinet (NYSE:FN), Twenty-First Century Fox Inc (NASDAQ: FOXA ) and Gap Inc (NYSE:GPS).

by | February 07, 2017 | 01:29

The Israel Defense Forces hit three Hamas targets in the Gaza Strip on Monday afternoon, hours after a rocket fired from Gaza struck an open field just over the Israel-Gaza border. Dawood Shihab, a spokesman for the Islamic Jihad, said that "Israel will be fully responsible for the consequences of its military aggression on the Gaza Strip today".

by | February 07, 2017 | 01:23

Le Pen said in her speech, painting a bleak picture of a future in which France has lost its French identity. "The divide is no longer between the left and right but between patriots and globalists", she said, linking her campaign to that of Donald Trump , whom she praised for "keeping his promises, acting fast and strong in the interest of his people".

by | February 05, 2017 | 02:00

While Ivanka's brand has been the focus of the #GrabYourWallet boycott, neither company mentioned it specifically as a reason for dropping her merchandise. The department store chain said on Thursday that it had chose to put the brakes on its relationship with Ms Trump and removed her brand from a list on its site .

by | February 05, 2017 | 01:58

All through the boardroom battle triggered by his ouster from the chairmanship of the group in October past year, Mistry had held his place on the holding company's (Tata Sons) board - even as a series of extraordinary general meetings (EGMs) called by other group firms steadily stripped him of his other posts in the group.