Steven Mnuchin Is Confirmed by Senate to Be Treasury Secretary

But Mnuchin, who joined Trump's campaign as finance chairman in May 2016, has been well-received by Republicans because of his extensive finance experience. The vote was unanimous. Democrats had argued that Mr Mnuchin had made a fortune foreclosing... More..

by | Published more than a month ago
by | Wednesday, February 15, 2017

Japanese Brewer Sells Brazilian Breweries To Beer Giant Heineken

Brasil Kirin operates 12 production facilities with its own distribution network and has a strong presence in the North and the North East of Brazil, where Heineken now has less exposure. "I look forward to ...More..

by | Tuesday, February 14, 2017

JC Penney Company Inc (NYSE:JCP) Jumps 1.96% Monday's Pre-Market

Finally, B. Riley reiterated a "buy" rating and issued a $12.00 target price on shares of J.C. Penney Company, Inc. The company now has an average rating of "Hold" and a consensus price target of $10.88. and gl...More..

by | Tuesday, February 14, 2017

The UK's Co-operative Bank is for sale

Either way, investors in its shares and bonds face potential losses. The Co-op Bank nearly collapsed in 2013 after the discovery of a £1.5billion black hole in its finances and it was forced into a painful de...More..

Dakota Access pipeline in court Monday
by | Tuesday, February 14, 2017

Dakota Access pipeline in court Monday

The $3.8 billion pipeline would transport oil from North Dakota to an existing pipeline in IL and would cross the Missouri River near the Standing Rock Indian Reservation. The final stretch of the $3.8bn (£3bn)...More..

Non-Citizen Sentenced to Eight Years for Illegal Voting in 5 Elections
by | Tuesday, February 14, 2017

Non-Citizen Sentenced to Eight Years for Illegal Voting in 5 Elections

While in reality such in-person fraud is nearly nonexistent, GOP officials have used concerned-sounding rhetoric to back restrictions on voting across the U.S. Nationally, an inquiry by the Times to election ...More..

by | Tuesday, February 14, 2017

Burger King, Tim Hortons owner's sales rise

The firm has a 50-day moving average price of $49.09 and a 200 day moving average price of $46.82. Analysts were expecting earnings per share of just over 41 cents with revenue coming in at just under $1.11...More..

by | Tuesday, February 14, 2017

Teva Pharma quarterly profit and revenue beat expectations

This Medical Sector stock now has the Market Capitalization of 32.32 Billion. Mizuho lowered Teva Pharmaceutical Industries Limited from a "buy" rating to an "underperform" rating and cut their target price f...More..

by | Monday, February 13, 2017

The New Residential Investment Corp. (NRZ) Shares Sold by Suntrust Banks Inc

EJF Capital LLC owned about 1.37% of New Residential Investment Corp.as of its most recent SEC filing. Several hedge funds and other institutional investors have recently made changes to their positions in NR...More..

by | Monday, February 13, 2017

SNL Brings Back Melissa McCarthy as Angry Sean Spicer in Cold Open

When he held up Barbie, he made it known that Barbie was OK to enter because she's white. "So she gets in". Uh-oh...uh-oh, it's Moana! Woah, woah. In the skit, McCarthy as Spicer yelled at reporters again a...More..

by | Sunday, February 12, 2017

Explosion at French nuclear plant, 'no radiation risk'

However, despite mechanisms between the nuclear plant and Jersey authorities working as they should, Mr James said that information could have been distributed to the public more quickly. A fire caused an explo...More..

China exports rose 7.9% on-year in January: Customs
by | Sunday, February 12, 2017

China exports rose 7.9% on-year in January: Customs

Ahead of the release of the figures, economists cautioned that Chinese economic data in the month of the Lunar New Year holiday could be distorted. Exports had been forecast to grow 3.1% according to a median e...More..

by | Sunday, February 12, 2017

Heaviest woman on earth lands in Mumbai for weight reduction

El Aty suffers from elephantiasis and weighs half a tonne, a stroke caused by her condition has paralysed the right half of her body. An official from the hospital said: "Given the fact that she is so heavy a...More..

How to be successful in the casino during the whole year
by | Saturday, February 11, 2017

How to be successful in the casino during the whole year

There is no magic spell or pill. Instead of it, there are some rules that help to have a positive and stable gaming account balance. Let's look at the rules: - If you wish to become an experienced player, ...More..

by | Saturday, February 11, 2017

US Fed board member Tarullo announces resignation

Daniel Tarullo, who helped enforce banking rules in the wake of the global financial crisis, will leave the central bank April 5, almost five years before his term expires. Tarullo said in a meeting previous ye...More..

by | Saturday, February 11, 2017

Sears Skyrockets 30% on New $1 Billion Cost Cuts

The future of Sears real estate is among the key questions. That will help Sears as it closes more stores and tries to invest more in its online retail operations. Sales at stores open at least a year plunged 1...More..

The Insider Activity Speaks Itself: Cliffs Natural Resources Inc. (NYSE:CLF)
by | Saturday, February 11, 2017

The Insider Activity Speaks Itself: Cliffs Natural Resources Inc. (NYSE:CLF)

The Closing price of Cliffs Natural Resources Inc . Many analysts are providing their Estimated Earnings analysis for Cliffs Natural Resources Inc . One quarter earlier, revenue for the stock was at $496.2 ...More..

by | Friday, February 10, 2017

John McCain's brutal rejoinder to Sean Spicer

The president lambasted the Republican veteran for talking about the Navy SEAL Team 6 mission, saying it "only emboldens the enemy". If the Yemen raid is the new face of "winning" under Trump, America may y...More..

by | Friday, February 10, 2017

Oil rises after drop in U.S. gasoline stocks, but market remains bloated

Distillate fuel imports averaged 209,000 bpd last week. USA producers are taking advantage of higher prices by increasing output and drilling activity. Global oil demand will rise to 98.09 million barrels a day...More..

by | Friday, February 10, 2017

Home Loans: Current Mortgage Rates at BoA, Suntrust Feb 9, 2017

The national averages for 30-year fixed and 15-year fixed refinances both tapered off. The average fee for a 30-year mortgage fell this week to 0.4 point from 0.5 point. Most borrowers chose to refinance thei...More..

by | Friday, February 10, 2017

Heavy Volume Consumer Stocks: PACCAR Inc (PCAR), Coca-Cola European Partners Plc (CCE)

In the liquidity ratio analysis; quick ratio for most recent quarter was 0.90 while current ratio for time period was 1.10. The firm's revenue for the quarter was down 5.9% compared to the same quarter a year a...More..

by | Thursday, February 09, 2017

Time Warner's profit and revenue top estimates

Time Warner's revenue from Turner division rose to $2.84 billion from $2.66 billion while revenue from Home Box Office rose to $1.49 billion from $1.41 billion in the year-ago quarter. The shares rose 0.5 pe...More..

Ford redesigns 2018 Expedition full-size SUV
by | Thursday, February 09, 2017

Ford redesigns 2018 Expedition full-size SUV

The brand-new model will make its public debut later this week during the Chicago Auto Show. And yet the Expedition is bigger-the 2018 short-wheelbase version is four inches longer than before, while the extend...More..

by | Thursday, February 09, 2017

Brazil Challenges Canada At WTO Over Bombardier Loans

Last year, the company received a US$1 billion investment for the CSeries passenger jet from the Quebec government in exchange for a 49.5 percent stake. The complaint relates to subsidies granted to the aircraf...More..

Honda And Hitachi Automotive to develop electric vehicles
by | Thursday, February 09, 2017

Honda And Hitachi Automotive to develop electric vehicles

Honda Motor Company and Hitachi Automotive Systems have announced plans for a joint venture to build electric motors for vehicles. Subsidiary operations of the new Japan-based joint venture are planned for th...More..

by | Thursday, February 09, 2017

Essex's Cook resigns as England captain

Clarifying that it was not a decision taken by him exclusively, Cook said, he had to pay for the misconception created in many ways. "Joe's had a little bit of experience doing it for Yorkshire, albeit not a ...More..

BoE Forbes: Higher Interest Rates May Be Required
by | Wednesday, February 08, 2017

BoE Forbes: Higher Interest Rates May Be Required

In a surprise move earlier in December, the RBI's Monetary Policy Committee (MPC), during its second bi-monthly monetary policy review - the fifth of the fiscal - kept the repurchase rate, or the short-term len...More..

Stock Price of Michael Kors Holdings Limited (KORS) Decreases -1.23%
by | Wednesday, February 08, 2017

Stock Price of Michael Kors Holdings Limited (KORS) Decreases -1.23%

The company had revenue of $1.09 billion for the quarter, compared to analysts' expectations of $1.09 billion. Full-year sales forecasts are pegged at $4.55B, representing a drop of almost -3.4% over last fisca...More..

Price pandemonium is for sake of U.S. oil industry
by | Wednesday, February 08, 2017

Price pandemonium is for sake of U.S. oil industry

Earlier, Russia and OPEC stated that an increase in the U.S.' output would be absorbed by rising demand. West Texas Intermediate for March delivery was at US$52.66 a barrel on the New York Mercantile Exchan...More..

BP bucks rising FTSE as profits slump to 10-year low
by | Wednesday, February 08, 2017

BP bucks rising FTSE as profits slump to 10-year low

A year-end bounce back in oil prices, which have recovered above 50 U.S. dollars a barrel, helped it claw its way out of the red in the fourth quarter, with profits of 72 million United States dollars (£58 mill...More..

LeBron James Rips Kevin Love-Carmelo Anthony Trade Rumor As 'Trash'
by | Wednesday, February 08, 2017

LeBron James Rips Kevin Love-Carmelo Anthony Trade Rumor As 'Trash'

Just because a team wants you, they ask about you and they want you on their team doesn't mean we want to trade you. James finished with 32 points and a career-high 17 assists before fouling out in OT, while Lo...More..

Alastair Cook steps down - what they said
by | Wednesday, February 08, 2017

Alastair Cook steps down - what they said

Cook's first tour in charge saw the tourists, together with a reintegrated Kevin Pietersen following the South Africa text message debacle earlier that year, shock MS Dhoni's India in their own back yard - En...More..

Small growth in January van registrations
by | Wednesday, February 08, 2017

Small growth in January van registrations

Low-carbon vehicles secured a record share of the United Kingdom new auto market last month, the Society of Motor Manufacturers and Traders (SMMT) has claimed. Taking the year as a whole, the economy grew 2 p...More..

United Kingdom govt concedes vote on final Brexit deal
by | Wednesday, February 08, 2017

United Kingdom govt concedes vote on final Brexit deal

Labour's Yvette Cooper asked if Parliament would still get a vote on the Government's next steps if it failed to reach a deal. Shadow business secretary Clive Lewis has vowed to oppose the bill unless Labour ...More..

by | Tuesday, February 07, 2017

Most Recent analysts Ratings: AstraZeneca PLC (NYSE:AZN)

RL's sales growth for past 5 years was 5.50% and its EPS growth for past 5 years was -4.30%. Reckitt Benckiser Group Plc emerged as a surprise suitor for perennial bid candidate Mead Johnson Nutrition Company...More..

by | Tuesday, February 07, 2017

Lower fares shrink Ryanair's profits

The LCC reported net profits of €95 million ($102 million) for the third quarter of its financial year ended December 31, down from €103 million last time. Sterling is more than 10% down against the euro sinc...More..

by | Tuesday, February 07, 2017

Twenty-First Century Fox profit tops estimates, revenue misses

FBR & Co reiterated a hold rating on shares of Twenty-First Century Fox in a report on Thursday, November 3rd. Zacks Investment Research downgraded Twenty-First Century Fox from a "hold" rating to a "sell" rati...More..

by | Monday, February 06, 2017

Patrice Bergeron, Tuukka Rask expected to play for Bruins vs. Maple Leafs

Zane McIntyre made 10 saves in relief. Van Riemsdyk untied it with his 19th goal of the season. The elation at the Garden was short-lived, as van Riemsdyk's game-winner gave the Maple Leafs their third win in...More..

by | Monday, February 06, 2017

Wal-Mart Stores, Inc. (WMT) Consensus EPS Outlook

A number of other large investors have also recently added to or reduced their stakes in the company. First Merchants Corp increased its stake in Wal-Mart Stores by 5.2% in the second quarter. The firm earned $...More..

What are Analysts opinions on: Valero Energy Corporation (NYSE:VLO)
by | Monday, February 06, 2017

What are Analysts opinions on: Valero Energy Corporation (NYSE:VLO)

Several brokerages have issued reports on VLP. As for as concerns shares volumes, in share of capital Valero Energy Corporation (NYSE:VLO) has 452.67 million outstanding shares among them 450.44 million share...More..

Npower electricity and gas price rises will add £109 to typical bill
by | Monday, February 06, 2017

Npower electricity and gas price rises will add £109 to typical bill

The 9.8% increase is made up of a 4.8% rise to gas prices and a whopping 15% increase to electricity prices, which means the typical dual fuel bill will rise by an average of £109. "However, we don't see any ca...More..

by | Monday, February 06, 2017

England comes from behind to beat France

Sloppy in the line-out, slow at the breakdown and rarely creating anything of note, it was arguably the worst half of rugby since Jones took over prior to last year's tournament. "We want to hit the ground runn...More..

by | Sunday, February 05, 2017

FireEye Inc Tanks On Revenue Miss, Chipotle Mexican Grill, Inc. Slumps

The analyst action has been mixed, with CMG earning an upgrade to "hold" from "sell" by Maxim, which also hiked its price target to $390 from $280, while Barclays cut its price target to $395 from $405. Amazon ...More..

Pentagon, Lockheed Martin reach agreement for 90 F-35 jets
by | Sunday, February 05, 2017

Pentagon, Lockheed Martin reach agreement for 90 F-35 jets

Bogdan told reporters on December 19 - before the president tweeted about the program and met publicly with defense companies - that the F-35's cost per plane should fall "somewhere on the order of 6 to 7 perce...More..

CEO at Ralph Lauren departs
by | Sunday, February 05, 2017

CEO at Ralph Lauren departs

Larsson was brought on board to implement a new creative vision, but reportedly he and Ralph Lauren , 77, disagreed on how to revive the brand. Last year, it had about $1.95 billion of revenue. The Company exp...More..

Big league commercials a big part of Super Bowl TV broadcast
by | Sunday, February 05, 2017

Big league commercials a big part of Super Bowl TV broadcast

Well, commercials of course! It's a fact - the cost to produce a dynamic TV spot - especially one that's worthy of a very attentive Super Bowl audience - can easily exceed $1 million. This year, marketers a...More..

by | Sunday, February 05, 2017

RMT confirm Tube strike action suspended after 533 jobs reinstated

If the strikes go ahead, there will be a significant impact on Tube journeys from 20:00 Sunday 5 February until around 11:00 Wednesday 8 February says TfL. And the union has warned of further strikes in March i...More..

by | Sunday, February 05, 2017

Snap IPO draft is weirdly switched for GoPro's

And unlike the profitable but admittedly slower-growing GoPro at its 2014 IPO, Snap's cash is disappearing faster than its messages, with almost $1 billion evaporating in the last two years. In comparison, F...More..

by | Sunday, February 05, 2017

UK Services Growth Slows More Than Expected In January

The pound immediately shed around 0.34 per cent against the dollar in response to the softer data to trade at $1.2477. Business activity across the economy is growing at the fastest rate for over a year and o...More..

Growth in global oil, coal demand could stop from 2020
by | Saturday, February 04, 2017

Growth in global oil, coal demand could stop from 2020

A 10 percent loss of market share caused the collapse of the USA coal mining industry and Europe's five biggest utilities lost more than 100 billion euros ($108 billion) in value from 2008-2013 because they we...More..