Finance

Kate Spade surges on $2.4bn Coach deal

The $18.50 per share cash offer represents a premium of 9 percent to Kate Spade's closing price on Friday. "Coach's extensive experience in opening and operating specialty retail stores globally, ...

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Spicer: Trump Will Decide on Paris Agreement After Summit

White House spokesman Sean Spicer said Tuesday that Trump wants to "continue to meet with his team", seeking advice from both an economic and an environmental perspective as he works to make a decisio...

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US DHS meets with airlines on electronics ban

In late March, both the United States and the United Kingdom introduced strict limitations on the use and storage of various electronic devices for passengers travelling from a slew of Middle Eastern ...

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European Union demands urgent talks with Washington over airline laptop ban

CNN cited unnamed intelligence officials saying that terrorists would have a more hard time detonating an explosive remotely and that placing the laptops and other devices in the cargo bay might redu...

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US Fed leaves rates unchanged amid slower economic growth

The government reported last week that gross domestic product, a broad measure of goods and services produced across the US, grew at a 0.7% pace in the first quarter. Fed Chair Janet Yellen did not ha...

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First passenger jet 'made in China' takes maiden flight

First passenger jet 'made in China' takes maiden flight

Built by state-owned aerospace manufacturer Commercial Aircraft Corporation of China (Comac), the plane represents almost a decade of effort in a government-mandated drive to reduce dependence on Euro...

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China to allow U.S. beef exports under new deal

China to allow U.S. beef exports under new deal

China will also give permission to wholly foreign-owned financial services firms to provide credit-rating services in the Asian giant. "That's an open door for huge business potential for US compa...

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Wpp Plc (WPP) Stock Rating Reaffirmed by Barclays PLC

The stock's average target of $41.29 is 7.41% above today's ($38.44) share price. Shore Capital reaffirmed a "buy" rating on shares of Wpp Plc in a research note on Wednesday, April 19th. About 237,23...

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Ismail Haniyeh elected as new Hamas leader, replacing Meshaal

Ismail Haniyeh elected as new Hamas leader, replacing Meshaal

While its new policy document accepts the idea of a Palestinian state within territories occupied by Israel in the Six Day War of 1967, it continues to speak of liberating all of historic Palestine...

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Maersk Line sinks to Q1 loss of $66m

Maersk Line sinks to Q1 loss of $66m

Moller-Maersk said. Maersk shares increased almost 2 percent to 11,870 kroner in morning trading in Copenhagen. Moller-Maersk boasted its first quarter of revenue growth in more than two years but...

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Sangamo Therapeutics, Inc. (NASDAQ:SGMO) Sees Unusual Volume Mid-Session

Sangamo Therapeutics, Inc. (NASDAQ:SGMO) Sees Unusual Volume Mid-Session

Baker BROS. Advisors LP bought a new position in Sangamo Therapeutics during the third quarter valued at $18,779,000. The short sellers then promise to replace the stock in the future and makes divi...

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Anthem gives up Cigna bid, vows to fight on over damages

Anthem gives up Cigna bid, vows to fight on over damages

Judge Travis Laster of Delaware's Court of Chancery denied Anthem's request for a preliminary injunction but stayed implementation of his ruling until noon on Monday to give the insurer time to deci...

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Jefferies Group Research Analysts Lower Earnings Estimates for Wells Fargo & Co

Jefferies Group Research Analysts Lower Earnings Estimates for Wells Fargo & Co

Evercore ISI reissued an "outperform" rating and issued a $64.00 price target on shares of Wells Fargo & Co in a research report on Tuesday, April 11th. The Return on Equity (ROE) value stands at 11...

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Microsoft adds a Surface Laptop to its growing stable of devices

While many, us included, scoffed at the price-tag, it's a whole lot worse for punters in the UK. The Surface Laptop can be configured to higher specs including a Kaby Lake Core i7 and 8GB/16GB of RA...

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ITV endures fall in revenue

ITV endures fall in revenue

Ad income was down 9% in the first quarter, with overall revenue falling by 3% to £731 million. However, he warned that net advertising revenue could be down by as much as 20 percent in June when I...

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Sprint plans to launch a 5G network by late 2019

Sprint plans to launch a 5G network by late 2019

Fielding a question on his deal strategy for Sprint after SoftBank's earnings report, Son said T-Mobile is the most obvious choice in terms of synergy and remains the "first priority" for merger...

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ACADIA Pharmaceuticals (ACAD) Given Media Impact Rating of 0.12

BlackRock Inc. now owns 13,471 shares of the biopharmaceutical company's stock worth $428,000 after buying an additional 1,094 shares during the last quarter. The stock's 50-day moving average is $33....

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Lawyer-led Bheem Army behind Saharanpur violence

Lawyer-led Bheem Army behind Saharanpur violence

Several commuters were manhandled and their vehicles set on fire on the Malhipur road, it is learnt. According to the Uttar Pradesh police, permission had been denied to Dalits to hold a "mahapancha...

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Trump prods Russian Federation to rein in Assad, Iran

Michael Flynn resigned as national security adviser after news of undisclosed conversations with the ambassador came to light, and Attorney General Jeff Sessions recused himself from overseein...

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Have a Glance at Energy Transfer Partners LP (NYSE:ETP)?

It has a 3.28 P/E ratio. The Company's Investment in ETP segment includes the ETP's operations, which include intrastate transportation and storage operations; interstate transportation and storage ...

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Primera Air Announces Order for 20 Boeing 737 MAX 9s

Primera Air Announces Order for 20 Boeing 737 MAX 9s

The grounding comes days before Boeing was due to deliver its first 737 MAX to an airline and marks a high-profile delay in a program that Boeing had said was ahead of schedule. The 737 MAX 8, the fir...

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RBI initiates prompt corrective action against UCO Bank for soaring NPA

RBI initiates prompt corrective action against UCO Bank for soaring NPA

Shareholders, however, were not enthused and the shares of the bank closed the trading session lower by 6%. The bank in its financial report showed gross non-performing assets (NPAs) or bad loans wo...

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These guys just lost more than $1 billion each

The shares closed at $22.98 on Wednesday, but are likely to sink on Thursday following the 23% fall in after-hours trading to $17.65. When Evan Spiegel, Snap's co-founder and chief executive, was ...

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United States considering ban on electronic devices to flights from Europe

The US is expected to announce a ban on the use of laptops and other electronics aboard flights from certain European countries. The current ban on Middle Eastern flights covers only nonstop fli...

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DHS considers laptop ban expansion

DHS spokesman David Lapan said no announcement was planned for Friday on whether the US government will expand the ban and that no final decision had been made on expanding the restrictions. But a US...

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PM Modi attends Vesak Day celebration in Sri Lanka

Prime Minister Narendra Modi on Friday attended the opening ceremony of "Vesak Day", the biggest Buddhist festival, as its chief guest in Sri Lanka's capital Colombo. Sampanthan and other leaders of h...

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South Korea orders vehicle recalls for Hyundai, Kia after whistleblower report

South Korea orders vehicle recalls for Hyundai, Kia after whistleblower report

Kia is an affiliate of Hyundai , officials are asking the country's prosecutor to look for any evidence of a potential cover up. They added there had been no reports of injuries or accidents due t...

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Bieber rocks Mumbai in concert, wins hearts with tour of city

Those who relished the performance included many Bollywood and television actors including Alia Bhatt, Malaika Arora, Jacqueline Fernandez, Arbaaz Khan, and Arjun Bijlani among others. The security wa...

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Snap CEO Evan Spiegel unperturbed by Facebook's copy-paste tactics

Snap, which completed its initial public offering of stocks in March, is scheduled to hold its first quarterly conference call today to announce its first-quarter earnings for 2017. Snapchat is best ...

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Chart Review for Portland General Electric Company (NYSE:POR)

Other hedge funds have also bought and sold shares of the company. Rothschild Investment Corp IL raised its position in General Electric Company by 4.6% in the third quarter. The company had revenue...

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Trump, South Korea's Moon agree to cooperate on North Korea

The president said Wednesday that he could visit North Korea under the right conditions for talks over the North's nuclear and missile program. It quotes Moon as saying he's aware of Chinese worries...

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United States Steel Corp. Posted losses of -2.49% in the Last Trade

United States Steel Corp. Posted losses of -2.49% in the Last Trade

AKS has been the subject of several other reports. Jefferies Group LLC decreased their price objective on United States Steel from $50.00 to $29.00 and set a buy rating for the company in a report on...

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Whiting Petroleum Corp (WLL) Stock Rating Reaffirmed by Credit Suisse Group AG

Whiting Petroleum Corp. on 04/26/2017 reported its EPS as $-0.15 with the analysts projecting the EPS of the stock as $-0.22. The share price of the stock plunged -19.39% for the year. Finally, KLR Gr...

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BUDGET: Neil Mitchell speaks with Treasurer Scott Morrison

Aside from the levy, the government announced a reform package to strengthen accountability in the country's financial system. Income is required to grow 7.8 percent one year from now to AU$444.4 bi...

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China's 1st large homemade passenger jet taking to the skies

And 75 percent of that demand is for single aisle planes like the "Made in China" C919. Here is a timeline of the main events that took place in the run-up to the jet's first flight. Comac also stil...

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