Money

EU starts legal action against Italy over Fiat Chrysler emissions

EU starts legal action against Italy over Fiat Chrysler emissions The European Commission launched legal action against Italy on Wednesday for failing to respond to allegations of emission-test cheating by Fiat Chrysler FCHA.MI , in a procedure that could lead to the country being taken to court. The report insisted European Union officials had become fed up with Europe's national governments "colluding" with large car-makers over emissions as the European Union... [Full Article...]

US, Europe discuss new laptop ban on flights

There is also a concern that the ban adopted in March might not stop a terrorist with a bomb-rigged laptop from simply flying to Europe to catch a US-bound flight. Even small decreases in tourism to the USA could deal a blow to the economy and cause job losses. The annual $1.1 billion cost estimate from IATA includes the loss of productive time in the sky for business travelers and longer travel... [Full Article...]

US admiral: North Korea's actions 'recipe for disaster'

US admiral: North Korea's actions 'recipe for disaster' South Korea has "been informed only of the fact that the North Korean missile was detected over the phone and through word of mouth". U.S. Pacific Command Commander Adm. "If you are supporting North Korea, you are against the rest of the worldwide community", Haley said. North Korea and the rich, democratic South are technically still at war because their 1950-53 conflict ended in a truce, not... [Full Article...]

Petroleo Brasileiro SA Petrobras (PBR) Getting Somewhat Negative Press Coverage, Analysis Finds

Petroleo Brasileiro SA Petrobras (PBR) Getting Somewhat Negative Press Coverage, Analysis Finds Petroleo Brasileiro S.A. - Petrobras (NYSE: PBR ) 52-week high price stands at $12.56 and low price stands at $5.45, its price distance from 52-week high is -17.12% while its distance from 52-week low price is 91.01%. Moving average is significant analytical tool used to discover current price trends and the possibility for a change in an established trend. Stock investors bought 49,593 call op... [Full Article...]

Home Depot tops quarterly expectations as consumers invest in home improvement

The 1 year EPS growth rate is 18.00%. Home Depot spent $1.3 billion on share buybacks for FQ1 and paid $1.1 billion in dividends. BTIG Research increased their price target on shares of Home Depot from $155.00 to $175.00 and gave the company a "buy" rating in a research report on Monday. [Full Article...]

Wal-Mart Stores, Inc. Setting The Table For Earnings

Wal-Mart Stores, Inc. Setting The Table For Earnings Wal-Mart had warned in 2015 that stepped-up investments in stores and in its employees would hurt profits. Shares of Target were up 8.4% in Wednesday premarket trading, bringing much needed cheer to the US retail industry, which has been hit hard by weaker than expected performances from department stores. [Full Article...]

White House meeting on Paris climate accord postponed

White House meeting on Paris climate accord postponed Senior White House adviser Steve Bannon and Environmental Protection Agency chief Scott Pruitt argued against staying in the Paris agreement. Sales at the retailer's flagship store, which is next door to Trump Tower, have fallen since Trump's election due to traffic disruptions caused by the heavy security surrounding the building. [Full Article...]

Greek seamen and journalists go on strike

Protesters on the streets of Athens and other major cities on Wednesday said that there was no more room for further sacrifices in a country still suffering chronic high unemployment rates and recession. The Eurogroup also said they could consider replacing more costly International Monetary Fund loans to Greece with cheaper euro zone credit and transfer the profits made from a portfolio of Gr... [Full Article...]

Merkel: British EU immigration cap would have price

Merkel: British EU immigration cap would have price Freedom of movement between the United Kingdom and the European Union remains a central issue in negotiations over Brexit, whose supporters often pointed to migration as one of the most compelling reasons to leave the 28-member bloc. Mrs Merkel has praised Mr Macron's embrace of European unity but has offered few concrete details about the way forward for German-French relations. [Full Article...]

The Flash season 3 finale promo: The 'is H.R. dead?' theory

The Flash season 3 finale promo: The 'is H.R. dead?' theory But, if it is done, then probably there would be consequences of changing the past once again. So if there is a way out of putting Iris West in the ground at the conclusion of next week's episode, it can't come via Barry, it's going to have to come from something else (the Philosopher's Stone?). [Full Article...]

UK court rejects Nestle's bid to trademark KitKat shape

UK court rejects Nestle's bid to trademark KitKat shape The country's Court of Appeal ruled that the chocolate treat - created in 1935 and marketed with the slogan "Have a Break, Have a Kit Kat" - is not distinctive enough in shape to warrant a trademark. At issue is the sale in the United Kingdom of the Norweigan candy bar Kvikk Lunsj, which also has a four-finger shape, although its packaging is distinctive and not readily confused with that of t... [Full Article...]

Nasdaq sets another record as stocks close mixed

Nasdaq sets another record as stocks close mixed The sector rose 0.5 per cent, with an outsized boost from Microsoft , which rose 2 percent. The dollar index.DXY - which measures the greenback against six other major currencies - hit a six-month low, while prices of safe-haven gold rose. [Full Article...]

Is North Korea Behind the Global Cyberattack?

Is North Korea Behind the Global Cyberattack? It did not name any of the entities. "The real situation may be serious". Taiwan Power Co said that almost 800 of its computers were affected, although these were used for administration, not for systems involved in electricity generation. [Full Article...]

The World's Richest Man Gives Advice To New College Graduates

The World's Richest Man Gives Advice To New College Graduates Billionaire philanthropist and Microsoft co-founder Bill Gates may be the best life coach you never knew you needed. Now, Gates regularly dispenses the wisdom he's learned over the years in an effort to get people to dream bigger, think more positively and be a force for good. [Full Article...]

Favorable Press Coverage Very Likely to Affect Xerox Corp (XRX) Share Price

Abbott Laboratories (NYSE:ABT) closed at $43.69 a share in the latest session and the stock value rose nearly 15.18% since the beginning of this year. If you are reading this article on another publication, it was copied illegally and reposted in violation of United States & global copyright & trademark laws. [Full Article...]

AMD Stock Coverage Initiated at Phillip Securities

AMD Stock Coverage Initiated at Phillip Securities It has by 0.00% the S&P500. The stock recovered 176.92% since its low point and has performed 28.57% year-to-date. (NASDAQ:AMD). Jacobs Levy Equity Management accumulated 2.34 million shares. Advanced Micro Devices, Inc .'s Quick Ratio shows the value of 1.2. The two companies apparently disagreed over licensing the nForce chipset-a motherboard chipset created by Nvidia-which resulted in a $1.5 bi... [Full Article...]

US households owe record amount, topping pre-recession peak

US households owe record amount, topping pre-recession peak Yet while the survey painted a rosy picture of delinquency rates generally heading lower, especially on mortgages and credit cards, the trend among student loans deteriorated from 2004 to 2014 "and has remained stubbornly high since then", New York Fed economists wrote in a blog. [Full Article...]

Trump reports weigh on global stocks and the dollar

Trump reports weigh on global stocks and the dollar US manufacturing production recorded its biggest increase in more than three years in April but housing starts posted a surprise fall to five-month lows. Oil prices extended losses after API data showed an unexpected build in US crude inventories. An extension is due to be discussed at an OPEC meeting on May 25. [Full Article...]

Cisco revenue falls for sixth quarter in a row

Cisco revenue falls for sixth quarter in a row It has by 0.00% the S&P500. Cisco Systems, Inc . (NASDAQ:CSCO) have shown a high EPS growth of 12.60% in the last 5 years and has earnings growth of -24.50% yoy. On the last trading day, Cisco Systems, Inc . (NASDAQ: CSCO ), with 13 analysts believing it is a strong buy. The Stock has Weekly volatility of 1.14% and monthly volatility of 1.00%. [Full Article...]

BHP studying US shale gas sale, CEO Mackenzie says

BHP studying US shale gas sale, CEO Mackenzie says The producer acknowledges its USA shale acquisitions "were poorly timed, that we paid a too high price, and that the rapid pace of early development was not optimal", Mackenzie said Tuesday in a speech to a conference in Barcelona. - The hedge fund said on May 16 that the mining giant can remain incorporated in Australia but must review its petroleum business. Were a serious bid to emerge - and th... [Full Article...]


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