Money

Blackstone in Talks Over Deal With Thomson Reuters Unit

Blackstone in Talks Over Deal With Thomson Reuters Unit It has struggled to dent Bloomberg's lead in the lucrative financial data business despite adding heft when the family-controlled Canadian company Thomson bought Reuters in 2008. The financial service Eikon from Thomson Reuters relies on news from the Reuters agency, a competitor of AFP. The sources cautioned that a deal had not been finalised and could still fall apart. [Full Article...]

Brokers Recommendations on: Exxon Mobil Corporation (NYSE:XOM)

ICON Public Limited Company (NASDAQ:ICLR) has risen 40.78% since January 30, 2017 and is uptrending. It has outperformed by 3.62% the S&P500. Puplava Financial Services Inc decreased its stake in Exxon Mobil Corp ( XOM ) by 94.97% based on its latest 2017Q3 regulatory filing with the SEC. [Full Article...]

RNC wont return money from Steve Wynn yet, despite sexual harassment claims

RNC wont return money from Steve Wynn yet, despite sexual harassment claims The stock's price to sales ratio for trailing twelve months is 3.27 and price to book ratio for the most recent quarter is 55.99, whereas price to cash per share for the most recent quarter are 6.67. Shoemaker sold 15,000 shares of the firm's stock in a transaction on Wednesday, November 8th. Also, President Matt Maddox sold 59,260 shares of the business's stock in a transaction that occurred on M... [Full Article...]

SAP buys Callidus for $2.4 billion

SAP buys Callidus for $2.4 billion Callidus Software had 29 analyst reports since July 31, 2015 according to SRatingsIntel. SAP (NYSE:SAP) was downgraded by investment analysts at Morgan Stanley from an "overweight" rating to an "equal weight" rating in a note issued to investors on Thursday, January 11th, Marketbeat Ratings reports. [Full Article...]

Facebook to ban advertisements related to cryptocurrency, ICOs

Facebook to ban advertisements related to cryptocurrency, ICOs This ban on cryptocurrencies includes a ban on bitcoin, because they are 'frequently associates with misleading or deceptive promotional practices'. In a Facebook post from January 4, he described cryptocurrency as a "counter-trend" to the internet's centralized systems-which Facebook itself in many ways represents. [Full Article...]

Wall St. stumbles over high bond yields, health stocks

Wall St. stumbles over high bond yields, health stocks The Dow Jones Industrial Average . DJI fell 362.59 points, or 1.37 percent, to 26,076.89, the S&P 500 . SPX lost 31.1 points, or 1.09 percent, to 2,822.43 and the Nasdaq Composite . More than the rise in yields, the pace of the increase is what could hurt equity markets, said Hussein Sayed, chief market strategist at FXTM. The 30-stock index's biggest loser was UnitedHealth, one of the n... [Full Article...]

Volkswagen takes duty for exhaust exams

Volkswagen takes duty for exhaust exams A Volkswagen Beetle was used as part of a diesel emissions test that has drawn intense criticism for its use of monkeys. It was VW's admission in 2015 that it had manipulated 11 million diesel cars with cheating software to make them seems less polluting than they were that brought close scrutiny to the industry, which had long touted diesels as better for the environment than gasoline-power... [Full Article...]

Numis Securities Reiterates "Buy" Rating for Provident Financial (LON:PFG)

It has underperformed by 9.16% the S&P500. Two analysts have rated the stock with a sell rating, eleven have given a hold rating and two have issued a buy rating to the company. Pnc Finance Service reported 34,635 shares stake. Brookfield Asset owns 130,784 shares or 0.01% of their United States portfolio. It also provides Website sponsorships and banner advertising services, as well as online dir... [Full Article...]

No 10 responds to criticism of Theresa May's leadership

No 10 responds to criticism of Theresa May's leadership She said it was "absolutely" the prime minister's prerogative to carry out a reshuffle, and that she had turned down the move because she felt "passionately about social mobility". He told Shelagh Fogarty on LBC: "At the moment I don't think it is appropriate to have a leadership election because that would just add to the general sense of uncertainty". [Full Article...]

$0.39 EPS Expected for Rice Midstream Partners LP (RMP)

Checking in on some other ratios, the company has a Price to Cash Flow ratio of, and a current Price to Earnings ratio of 18.155063. The stock decreased 3.85% or $0.54 during the last trading session, reaching $13.47. Since September 14, 2017, it had 0 insider purchases, and 1 insider sale for $353,200 activity. They expect $1.01 EPS, up 4.12% or $0.04 from last year's $0.97 per share. [Full Article...]

Waymo to purchase more autonomous minivans from Fiat Chrysler

Waymo to purchase more autonomous minivans from Fiat Chrysler FCA said that it will provide thousands more of Chrysler Pacifica Hybrid minivans to Waymo to support the world's first self-driving service. It remains to be seen what Waymo plans to do with the additional Chrysler Pacifica minivans set for delivery by the end of this year, but the company previously announced that it will offer rides to in its fully autonomous minivans in the next few mont... [Full Article...]

America believes 5G network will cut China spying on phone calls

America believes 5G network will cut China spying on phone calls The concept of a 5G network has a goal of addressing what security officials see as a treat by China to the cyber security as well as economic security of the U.S. Currently, U.S. -based wireless carriers are each planning to launch their own 5G networks by 2020. The 5th generation mobile networks, abbreviated 5G, are the proposed next telecommunications standards beyond the current 4G/IMT-A... [Full Article...]

US Trade Panel Rejects Boeing's Complaint Against Bombardier

US Trade Panel Rejects Boeing's Complaint Against Bombardier The lone USA customer, Delta Air Lines Inc ., was originally expected to receive the first of its firm order for 75 CS100 planes in the spring, but now plans to wait until the aircraft are assembled in the United States. Boeing said it was "disappointed" and vowed to continue to document the damage from "illegal subsidies and dumped pricing". The company called the ruling "a victory for innovat... [Full Article...]

Caterpillar Inc. (CAT) Stake Lowered by Neville Rodie & Shaw Inc

Caterpillar Inc. (CAT) Stake Lowered by Neville Rodie & Shaw Inc The stock has "Hold" rating by Stifel Nicolaus on Wednesday, October 25. STATE STREET CORP owned 1.37% of Caterpillar Inc . As far as direction, options buyers are speculating on even higher highs for Caterpillar stock . Its up 0.45, from 1.05 in 2017Q2. Investors of record on Thursday, July 20th will be given a dividend of $0.78 per share. VANGUARD GROUP INC raised its stake in HP Inc. [Full Article...]

Uber rival Ola plans to go global with first launch in Australia

Uber rival Ola plans to go global with first launch in Australia Ola on its website notes that it will charge 7.5 per cent commission from its driver partner initially as an introductory offer. Ola now plans to take country-wide coverage of electric auto-rickshaws across the country. With expansion in Australia, Ola will once again lock horns with closest rival company Uber which entered Australia in year 2012. This is only the second time that Ola has ventur... [Full Article...]

German automakers funded diesel emissions tests on humans, local media says

German automakers funded diesel emissions tests on humans, local media says VW is no stranger to controversy over the fuel - with the so-called dieselgate scandal gripping the carmaker and wider industry in 2015 when it admitted fitting software created to cheat emissions testing to 11 million vehicles. Following global outcry over the weekend, all three vehicle manufacturers involved have issued statements trying to disassociate themselves from the activities of the re... [Full Article...]

Walt Disney Co (DIS) Inks ESPN, NFL Deal To Broadcast Madden Tournaments

Walt Disney Co (DIS) Inks ESPN, NFL Deal To Broadcast Madden Tournaments Tonight, ESPNEWS will be covering the Madden NFL 18 Club Championship Division Finals at 7 PM PT, followed by the Finals on February 1 at 6 PM PT on ESPN2. "We are confident our fans will love the competition and action", Halpin concluded. ESPNews will begin broadcast coverage of the Madden NFL 18 Club Championship beginning Saturday, culminating with coverage of the tournament finals on ESPN2... [Full Article...]

Justice Department Charges Eight Traders With Deceptive Futures Market Trading

Justice Department Charges Eight Traders With Deceptive Futures Market Trading In its continuing litigation, the CFTC seeks civil monetary penalties, disgorgement of ill-gotten gains, trading and registration bans, and a permanent injunction against future violations of the federal commodities laws, as charged. The fines for UBS and HSBC were lower due to their cooperation with the CFTC, including UBS self-reporting much of the illegal activity, the agency said. [Full Article...]

(XOM) Position Boosted by Golub Group LLC

(XOM) Position Boosted by Golub Group LLC The stock decreased 0.56% or $0.42 during the last trading session, reaching $74.4. CenterPoint Energy, Inc. (NYSE:CNP) has risen 25.54% since January 29, 2017 and is uptrending. (NASDAQ:MOBL) for 31,200 shares. Moreover, Tributary Management Limited Liability Com has 0.08% invested in Exxon Mobil Corporation (NYSE:XOM) for 10,700 shares. [Full Article...]

Disney to Give $1000 Cash Bonus to 125000 Employees

Disney to Give $1000 Cash Bonus to 125000 Employees Colgate-Palmolive Company (NYSE:CL) has a market cap of $67.73 billion and over the last 12 months, CL has risen by 13.84%. The stock increased 1.70% or $1.21 during the last trading session, reaching $72.26. Class A (NYSE:V) by 143,419 shares to 151,887 shares, valued at $15.98M in 2017Q3, according to the filing. Walt Disney Company (The)'s dividend payout ratio is presently 27.18%. [Full Article...]


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