Finance

OPEC, Russia Want Longer Period of Production Cuts

Oil rode its longest rising streak in more than a month as a proposal by the world's two biggest crude producers to extend output curbs into 2018 boosted confidence that other nations will follow suit...

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Oil up after U.S. inventories drop

OPEC on Thursday sharply raised its forecast for oil supply from non-member countries in 2017 as higher prices encourage US shale drillers to pump more, hampering OPEC efforts to clear a glut and supp...

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President Donald Trump: Special counsel a 'witch hunt'

Comey as director of the F.B.I. before he wrote a memo outlining the reasons for his dismissal, according to three Democratic lawmakers who were in the briefing... But Mr Trump, after issuing a meas...

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Lawmakers demand swift action for Turkish Embassy violence

President Trump had nothing to say after Turkish security guards violently attacked protesters who were peacefully demonstrating in Washington. Erdogan even witnessed the melee. A video that surface...

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Oil prices fall on slow drain of supplies

These sanctions resulted in roughly 800,000 barrels per day of Iranian production being shut-in between January 2012 and December 2015. They have been some of the first since the Organization of the ...

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Ivanka Trump, Jared Kushner Break Orthodox Jewish Tradition to Fly With Donald

In October, Kushner spent part of a Shabbat huddled with his father-in-law and other advisers amid the fallout from a scandal in which Trump was heard making lewd comments about women, according to ...

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Alibaba revenue surges 60% in 4th fiscal quarter

Alibaba revenue surges 60% in 4th fiscal quarter

As a result, Alibaba Cloud revenues for the fiscal year ended March were up 121% y-o-y to RMB 6.7 billion. Adjusted earnings were 63 cents per share, versus the FactSet consensus forecast of 65 cents,...

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Sino-US deal eases access to markets

Sino-US deal eases access to markets

But while the agreement touches on numerous trade barriers American companies have long complained about, it remains to be seen how far China will go to allow more American exports. The US will al...

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Reporter says he was roughed up by security guards at FCC

Reporter says he was roughed up by security guards at FCC

That incident, for which the FCC did say it apologized , was the second noteworthy occurrence in recent weeks of confrontations between reporters attempting to ask questions and senior government off...

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Pakistan to form new team of lawyers in Jadhav case: Aziz

In a separate declaration, Indian judge Dalveer Bhandari, while concurring with the main ICJ ruling, said that so long as there was a risk of Kulbhushan Jadhav being executed before the final dispos...

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Former US Rep. Anthony Weiner faces charges in sexting case

Anthony Weiner turned himself into the FBI Friday to plead guilty to charges related to sexting a 15-year-old girl in 2016, The New York Times has learned after speaking with two independent sources...

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Applied Materials Beats Street, 3Q View Tops Consensus -- Market Talk

Applied Materials Beats Street, 3Q View Tops Consensus -- Market Talk

Sheets Smith Wealth Management has invested 0.37% in Applied Materials, Inc . Applied Materials (NASDAQ:AMAT) last released its quarterly earnings results on Thursday, May 18th. Applied Materials...

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FCC votes to start net neutrality rollback

FCC votes to start net neutrality rollback

Those who support Pai's plan, including Republicans and broadband providers, argue the 2015 regulation is an FCC regulatory overreach that has prevented investment and innovation in broadband infrastr...

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Chico's FAS Inc. (CHS) dipped -5.34% in the last trading session

For the outlook of the current financial quarter, Analysts think the firm will post -0.21 earnings per share. Analysts reviewing Chico's FAS, Inc. have recently updated their recommended buy/sell ra...

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Seven Qualify for NCAA Track Prelims

Seven Qualify for NCAA Track Prelims

It will be the fourth trip for Krzyszkowski in javelin, the second for Feivor (5,000 meters in 2015) and the first for both Armstrong and Parker. At the NCAA West Preliminary Rounds, competitors in in...

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Does $9.9 justifies Hertz Global Holdings, Inc. (HTZ) shares?

Does $9.9 justifies Hertz Global Holdings, Inc. (HTZ) shares?

Morgan Stanley gave the share price of Hertz Global Holdings, Inc. a price target of 12 meaning the broker expects a potential upside of 15.5% from Hertz Global Holdings, Inc.'s current market price o...

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Oil Holds Gains as U.S. Crude Stockpiles Seen Extending Decline

Higher crude output from the United States should limit any upside to global oil prices through the end of 2018, the US government said on Tuesday. While US shale output growth and the shutdown of r...

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Surprise tax increases in 2017 Australian budget

Economic nuts and bolts aside, there is big spending in infrastructure and education, while the $13 billion in so-called "zombie" measures from Joe Hockey's ill-fated 2014 budget - stymied by the Sena...

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FM to chair GST Council meet in Srinagar on Friday

FM to chair GST Council meet in Srinagar on Friday

The GST council has recently fixed a tax rate of 18% on mobile and financial services, while exempting education and healthcare from GST levy. The decision was taken at today's GST Council meeting, ...

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Steven Mnuchin at G7: 'We don't want to be protectionist'

Steven Mnuchin at G7: 'We don't want to be protectionist'

Earlier, he told reporters that "the relationship with Mnuchin improves every time we see each other". The view was endorsed by Mnuchin, according to the Japanese minister. Canadian Finance Minister...

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Spirit Realty Capital, Inc. (SRC) has a 52-week low of $6.64

Spirit Realty Capital, Inc. (SRC) has a 52-week low of $6.64

According to 11 analysts, Spirit Realty Capital, Inc (New) (NYSE: SRC)'s revenue estimates for the current quarter are $161.19M meanwhile the company has high revenue estimates of $167.71M in contrad...

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Trump willing to engage North Korea: Seoul

Trump willing to engage North Korea: Seoul

He said it remains unknown whether Pyongyang actually has a working nuclear warhead, "not just some nuclear device that goes boom in a tunnel, under laboratory conditions". South Korean President Moon...

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Deere shares jump 7% after earnings beat

Deere shares jump 7% after earnings beat

The company doubled its profit forecast for the year and investors took note, sending the stock to a record high. Analysts had forecast earnings of $1.68 with $7.32 billion of equipment sales. Analyst...

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Oil rises as OPEC cuts outweigh United States drilling boom

Oil rises as OPEC cuts outweigh United States drilling boom

The EIA raised its US oil production forecast to an average of 9.3 million barrels per a day (bpd) in 2017 and 10 million bpd in 2018 while it lowered its projection for average oil prices in 2017 t...

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Saudis, Russia Favor Extending Oil Cuts Until End March 2018

West Texas Intermediate (WTI) was dealing oil at 3.2 percent rise at $49.40 global Brent at $52.47 per barrel achieving the same percentage rise. "The two ministers agreed to do whatever it takes to ...

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Fiat Chrysler seeks diesel emission certification from EPA

Fiat Chrysler seeks diesel emission certification from EPA

M - Amid investigations into alleged emissions violations from its 3.0-liter diesel V-6, Fiat Chrysler Automobiles said it's asked regulators to greenlight the sale of the engine in certain model-year...

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US fails to reassure Europe, Japan over 'Trumponomics'

US fails to reassure Europe, Japan over 'Trumponomics'

Steven Mnuchin's third encounter with the worldwide community, at a meeting of finance chiefs in Italy, deepened ties even as his government's "America First" policy continues to challenge the global...

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NAFTA an opportunity to improve trade deal for Ontario: Wynne

The administration has made reducing the trade deficit a priority, and Lighthizer suggested Thursday the US will seek to lure back firms that have moved production to Mexico. The Mexican official said...

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How Salesforce Won on Earnings

The company has a market capitalization of $61.79 billion, a price-to-earnings ratio of 335.92 and a beta of 1.42. (NYSE:CRM). Financial Architects has 4,000 shares for 0.06% of their portfolio. (NYSE...

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Analysts Showing Optimistic Trends For The Coca-Cola Company (KO)

Analysts Showing Optimistic Trends For The Coca-Cola Company (KO)

Currently, the market capitalization of The Coca-Cola Company (KO ) is 187.14 Billion. Finally, Guardian Life Insurance Co. of America boosted its stake in shares of The Coca-Cola by 0.4% in the fi...

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Snap's revenue from Spectacles and other categories almost doubled in a quarter

The company, founded in 2011, lost more than $500 million past year on revenue of about $400 million, it disclosed in regulatory filings . In North America, Snap said it added 3 million daily use...

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Ross Stores Inc (NASDAQ:ROST) Technical and Valuation Says it All

Ross Stores Inc (NASDAQ:ROST) Technical and Valuation Says it All

Wedbush has "Outperform" rating and $71 target. The Stock has Weekly volatility of 2.46% and monthly volatility of 1.70%. The retailer operates 1,363 Ross stores and 198 dd's Discount locations....

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Crude Oil Jumps 5% This Week, Settles Above USD50

West Texas Intermediate for June delivery rose 88 U.S. cents, or 1.5%, to $50.23 a barrel at 9.59am on the New York Mercantile Exchange. The U.S. Energy Information Administration said inventories...

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Ford likely to cut its Asian and N American workforce by 10%

Ford is planning to cut around 10% of its jobs worldwide in a bid to increase profits and boost its stock price, which is close to a five-year low, CNBC reports that the job cuts will involve main...

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Juniper Networks, Inc. (JNPR)

Alyeska Investment Group L.P. acquired a new position in Juniper Networks during the fourth quarter valued at about $46,947,000. Also, the number of active investment managers holding Juniper Network...

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