Money

Oil rises over Iraq fighting & Trump's Iran threat

Oil rises over Iraq fighting & Trump's Iran threat Under U.S. law, the president must certify every 90 days that Iran is complying with the deal. In May, OPEC and non-OPEC members agreed to extend production cuts of 1.8m barrels per day for a period of nine months until March 2018 but rising production from the U.S., Nigeria and Libya has undermined the oil cartel's efforts to curb excess supply. [Full Article...]

"Shelter in Place" advised at Howard University after potential shooter call

Nonetheless, the school's administrative building has been evacuated as a precautionary measure. People in the area are advised to take precautions . University President Wayne A.I. Frederick said there was no evidence of a shooting, as of 12.40 pm, according to the Washington Post. The incident began to unfold around noon at the private college, which is located off Georgia and MI avenues in... [Full Article...]

UnitedHealth Group Inc (UNH) Boosts Forecast Amid Solid Q3 Earnings

Its opening price on the last trading day was $192.92. Float is the proportion of issued also outstanding shares that can be liberally traded, nothing like locked-up insider holdings or restricted employee shares. Its down 0.34, from 1.22 in 2017Q1. It improved, as 53 investors sold UNH shares while 496 reduced holdings. Several hedge funds and other institutional investors have recently made ... [Full Article...]

Morgan Stanley beats third quarter earnings forecasts on strong wealth management revenue

Morgan Stanley beats third quarter earnings forecasts on strong wealth management revenue Based on an average daily volume of 7,599,188 shares, the days-to-cover ratio is now 2.1 days. Net income: $1.8 billion, beating estimates of $1.5 billion and up from $1.6 billion in the third quarter of 2016. 10/09/2017 - Morgan Stanley was upgraded to "outperform" by analysts at Credit Suisse. Based on the latest notes released to investors, 5 analysts have issued a rating of "buy", 12 ana... [Full Article...]

Donald Trump's fortune slides by $600 million on Forbes wealth list

Trump reached a $25 million settlement in a suit that claims that his Trump University real estate seminars defrauded students. The Forbes 400 package in Forbes' November 14, 2017 special issue features an exclusive, wide-ranging interview with the 45th US President and an asset-by-asset breakdown of his empire. [Full Article...]

Aldi, Lidl keep adding United Kingdom market share: Kantar

Aldi, Lidl keep adding United Kingdom market share: Kantar The German stores Aldi and Lidl together added £390m in sales during this quarter - half of the entire market's overall growth in 12-week period as the discounters added to their share of the market. Only 35 per cent of Sainsbury's sales are now through price-cut deals, down sharply from almost 40 per cent a year ago as part of the retailer's ongoing programme of scaling back the overall level o... [Full Article...]

EasyJet Submits Interest In Acquiring Alitalia Assets

EasyJet Submits Interest In Acquiring Alitalia Assets Germany's largest airline Lufthansa yesterday put in an offer for parts of failing Italian operator Alitalia, while Easyjet expressed an interest in acquiring parts of the ailing airline. It also increased the term of a EUR€600 million ($706.8 million) loan it made to Alitalia and added another €300 million on top. The deadline for bids was at the end of business on Monday, but instead of clos... [Full Article...]

FBR Capital Downgrades Rating On Time Warner Inc. New (TWX) To "Neutral"

The stock increased 0.14% or $0.25 on October 13, reaching $183.01. It is down 36.37% since October 17, 2016 and is uptrending. It has underperformed by 25.62% the S&P500. Peddock Cap Advsr Ltd stated it has 0% in Time Warner Inc (NYSE:TWX). It also reduced Visa Inc (NYSE:V) stake by 350,000 shares and now owns 1.90M shares. [Full Article...]

The Northgate plc (NTG) Stock Rating Reaffirmed by Peel Hunt

The Northgate plc (NTG) Stock Rating Reaffirmed by Peel Hunt Finally, Deutsche Bank AG restated a sell rating and issued a GBX 265 ($3.52) price target on shares of BT Group PLC in a research note on Wednesday, August 9th. Four equities research analysts have rated the stock with a sell rating, four have issued a hold rating and eleven have assigned a buy rating to the company's stock. [Full Article...]

United Kingdom inflation hits 3 pct as Bank of England mulls rate hike

United Kingdom inflation hits 3 pct as Bank of England mulls rate hike Earlier on Tuesday, official data showed Britain's inflation rate hit 3 percent, above the Bank's 2 percent target. The Office for National Statistics reported consumer price inflation (CPI) was three per cent in September, up from 2.9 per cent in August and the highest rate since 2012. [Full Article...]

YHB Investment Advisors Inc. Has $3.79 Million Position in Wells Fargo & Company

YHB Investment Advisors Inc. Has $3.79 Million Position in Wells Fargo & Company Another trade for 20,000 shares valued at $1.04M was sold by Hardison Hope A . $1.34 million worth of stock was sold by Pelos Petros G on Monday, June 12. The Company is a diversified financial services company. It offers commercial insurance products and service offerings, such as risk management programs, loss control, and engineering and complex claims management. [Full Article...]

Mercedes recalls cars over airbag fault

A range of Mercedes-Benz models are affected, including the A-Class, B-Class, C-Class and E-Class cars, as well as the CLA, GLA, GLC, GLK and some V-Class models. Mercedes is now getting in contact with owners of the affected cars, to book them in for an appointment at a dealership or fix centre. But it warned: 'If the airbag warning light comes on then customers should call Mercedes-Benz Roadsi... [Full Article...]

Airbus to acquire majority stake in Bombardier CSeries

The program had been hurt by lackluster sales. "What is important is that this transaction is accompanied by a firm commitment to retain jobs in the production and to keep the head office here in Quebec , it is important for us", Gagné said. [Full Article...]

Morgan Stanley Raises JP Morgan Chase & Co (JPM) Price Target to $107.00

Morgan Stanley Raises JP Morgan Chase & Co (JPM) Price Target to $107.00 Inc. now has $337.33 billion valuation. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 0.84% with $3.48 Billion sitting short, betting on future declines. (NYSE:JPM). Cedar Hill Assocs Ltd Liability Corporation has invested 1.57% in JPMorgan Chase & Co. Also, insider Nicole Giles sold 1,000 shares of the company's stock in a tr... [Full Article...]

Inflation cools to 2.6% on lower food prices

Inflation of primary articles dipped to 0.2% in September 2017 from 2.4% in August 2017. According to data released here by the Commerce Ministry, the WPI , with the revised base year of 2011-12, eased from 3.24 per cent in August. The inflation for manufactured products moved up to 2.7% in September 2017 from 2.6% in August 2017. In egg, meat and fish segment, the rate of price rise was 5.47 p... [Full Article...]

Funeral services cancelled as Ophelia moves across Ireland

Funeral services cancelled as Ophelia moves across Ireland A spokesman said: "Due to updated information received from Met Eireann and the National Emergency Coordination Committee on the ongoing adverse weather conditions, Dublin Bus is not in a position to resume services this evening". Galway Bay fm newsroom - Transport services across the country have been disrupted due to the arrival of Hurricane Ophelia and road users are advised to take extra preca... [Full Article...]

NORDSTROM, INC. (NYSE:JWN) Files An 8-K Financial Statements and Exhibits

NORDSTROM, INC. (NYSE:JWN) Files An 8-K Financial Statements and Exhibits Winslow Asset Management Inc claims 115,824 shares with a value of $5,461,000. That could give Nordstrom more flexibility to navigate a rapidly changing retail environment. ( JWN ) traded up 0.14% on Friday, reaching $42.65. Public Employees Retirement System Of Ohio owns 8,486 shares or 0% of their U.S. portfolio. The company now has a P/E ratio of 20.20 and market capitalization is 7.09B. [Full Article...]

'Teething problems' for new GWR train to Wales

'Teething problems' for new GWR train to Wales As more of the trains are introduced, the new trains will extend to Taunton, and Hereford via Oxford by December, and to Cheltenham by next summer. "This is another major step forward in the biggest ever transformation on the Great Western Mainline as we deliver more trains, more seats and better journeys for communities across the route". [Full Article...]

The Weinstein Company reportedly in negotiations for a sale

No other details of the talks were announced. Last week, The Weinstein Company assured investors it was NOT shutting down after being hit by the explosive sexual assault scandal of co-founder Harvey Weinstein . Harvey Weinstein was sacked by the company last week over allegations dating back decades that he used his position as a powerful producer to coerce women into sex. [Full Article...]

Crouch End comedian Sean Hughes dies aged 51

Crouch End comedian Sean Hughes dies aged 51 The Evening Standard reports that he reportedly died in Whittington Hospital during the night after suffering a cardiac arrest. He was the youngest ever victor of the Perrier award and had his own programme on Channel 4 - called Sean's Show - in the early 90s. [Full Article...]


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