Markets

United Airlines CEO Oscar Munoz won't be promoted to chairman

The top two Republicans and top two Democrats on the Senate committee asked United about its policy for bumping passengers off overcrowded flights, and whether the airline handled cases differently on...

by · Markets
IMF raises global growth forecast, warns against protectionism

IMF raises global growth forecast, warns against protectionism

The IMF now projects Hungary's unemployment rate to fall to 4.4% this year after a larger than foreseen fall to 4.9% last year. The IMF sees Indonesia's annual growth rate at 5.3 percent in 2018. "Str...

by · Markets
Under Armour's (UA) Underperform Rating Reaffirmed at Credit Suisse Group AG

Under Armour's (UA) Underperform Rating Reaffirmed at Credit Suisse Group AG

Credit Suisse Group AG (CS) has 2.07 Billion shares outstanding and 1.93 Billion shares were floated in market. The company has a 50-day moving average of $14.85 and a 200-day moving average of $14.6...

by · Markets
BHP cuts output targets for iron ore, coking coal, copper

BHP cuts output targets for iron ore, coking coal, copper

The firm has "Market Perform" rating by Cowen & Co given on Thursday, November 10. The company was upgraded on Monday, April 18 by Bank of America. 3/17/2017-Investec Upgrade from a "Hold " rating t...

by · Markets
Lawsuit filed against Fox alleges racial discrimination

Lawsuit filed against Fox alleges racial discrimination

Attorneys for the 13 plaintiffs say Fox's assertion that it acted swiftly is "completely false". In the new lawsuit the employees say they repeatedly complained to network executives about Slater's ...

by · Markets

A budget deficit challenge for Trump's tax plan

White House officials are giving out conflicting details of a tax plan that President Donald Trump has promised will be released on Wednesday, a media report said . They have no idea what they ar...

by · Markets

Trump Tax Plan Said to Call for Corporate Rate Cut to 15%

Trump took to Twitter on Saturday to again tout that "Big TAX REFORM AND TAX REDUCTION will be announced next Wednesday". Last week, House Speaker Paul Ryan asked the nonpartisan Joint Committee...

by · Markets

At meat market, the far-right Le Pen backs "eating French"

In the first round of voting centrist Emmanuel Macron won 23.9 per cent and Le Pen received 21.4 per cent. Le Pen told French TV on Monday night that she needed to be above partisan considerations. "I...

by · Markets

North Korea holds drill to mark military anniversary

The navy is conducting exercises with counterparts from South Korea and Japan in nearby waters on Tuesday and Wednesday, the U.S. Seventh Fleet said in a statement. North Korea has conducted five n...

by · Markets
Cognizant Technology Solutions Corp (CTSH) Position Raised by Huntington National Bank

Cognizant Technology Solutions Corp (CTSH) Position Raised by Huntington National Bank

Vetr downgraded shares of Cognizant Technology Solutions Corp from a "strong-buy" rating to a "buy" rating and set a $64.12 price objective on the stock.in a research report on Wednesday, January 25t...

by · Markets
EQT Midstream Partners and EQT GP Holdings Increase Quarterly Distributions

EQT Midstream Partners and EQT GP Holdings Increase Quarterly Distributions

TAUSCHER RANDALL also bought $3,989 worth of Martin Midstream Partners L.P. (NASDAQ:MMLP) shares. Brookfield Asset Management Inc. cut its position in shares of Rice Midstream Partners LP (NYSE:RMP...

by · Markets

Seoul: North Korea holds drill to mark military anniversary

The U.S. employs about 1,066,600 soldiers. North Korea's official media said early Wednesday that leader Kim Jong Un personally observed the exercises. President Trump has been urging China to...

by · Markets

Oil prices stage weak recovery in early Friday trading

While a number of exporters have reached an initial deal to extend the curbs past June, according to Saudi Arabian Oil Minister Khalid Al-Falih, data showing rising US output is raising concern that t...

by · Markets
Asia tracks French election rally; weak yen lifts Tokyo

Asia tracks French election rally; weak yen lifts Tokyo

A candidate seen as pro-business won the most votes Sunday, and many investors expect him to win a runoff against the remaining anti-EU candidate, which is set for May 7. SINGAPORE, April 25 Asian equ...

by · Markets
International Monetary Fund warns of protectionist threat to growth

International Monetary Fund warns of protectionist threat to growth

However, the U.S. economy rate was projected to increase to 2.3 percent in 2017. Among G7 countries, the USA has the highest projected growth, with increases of 2.3 per cent this year and 2.5 per ce...

by · Markets

James leads Cavs sweep Pacers into second round

Kyrie Irving added 28 points and Deron Williams finished with 14 points off the bench. Paul George missed a potential game-tying three-pointer with one second left, and James got the rebound and...

by · Markets
Donald Trump signs series of executive orders to restore economy

Donald Trump signs series of executive orders to restore economy

U.S. President Donald Trump has said that he will announce the much awaited tax reform and tax reduction on the coming Wednesday. Without Democratic support, a plan would have to be revenue neutral ...

by · Markets

Oil slips 1% on rising U.S. production, subdued trading

Commercial crude inventories declined by 1 million barrels last week, after falling 2.2 million barrels the previous week, the Energy Department reported Wednesday. Benchmark Brent crude futures dec...

by · Markets
AK Steel Holding Corporation (NYSE:AKS) Earnings & Valuation in Perspective

AK Steel Holding Corporation (NYSE:AKS) Earnings & Valuation in Perspective

United States Steel (NYSE:X) last announced its quarterly earnings data on Tuesday, January 31st. United States Steel's quarterly revenue was up 3.0% compared to the same quarter previous year. The ...

by · Markets
Chipotle investigating data breach in payment system

Chipotle investigating data breach in payment system

Equities analysts forecast that Chipotle Mexican Grill will post $8.16 earnings per share for the current fiscal year. Check back later for our full analysis on CMG's earnings report! Those sales ...

by · Markets

Halftime Rewind: Pacers 52, Cavaliers 58 (Game 4)

I'm starting to think the problem with this Pacers team is deeper and that Paul George is continuously played wrong. "I went out being aggressive, putting my teammates into position to be successf...

by · Markets

USA and Canada at loggerheads over lumber tariffs

Lumber Coalition, said in a statement . "They have a tremendous surplus with the United States". At a gathering of conservative journalists at the White House on Monday , Trump said the us would...

by · Markets

President Trump Dumps Dodd-Frank with Executive Order

The White House will release a broad overview of its tax reform plan as early as Wednesday, according to administration officials. But many economists are skeptical of dynamic scoring because they...

by · Markets
Of Course Unroll.Me Sold Your Data to Uber

Of Course Unroll.Me Sold Your Data to Uber

As such, the internet lit up with outrage April 23 after The New York Times published a sprawling profile of Uber CEO Travis Kalanick, revealing that the company has been buying data on emailed L...

by · Markets

Queens Village Fire Kills 5 People, Including 4 Children

The youngest child and another person were in the attic, which Nigro said was a very hard place for firefighters to reach in the burning inferno. The victims were a two-year-old boy; a 10-year-old b...

by · Markets

All proposed Wells Fargo board members elected

That's despite recommendations from influential proxy adviser Institutional Shareholder Services Inc.to support just only three directors and a fairly well-publicized decision from large investors ...

by · Markets
SAP launches solution to help SMEs become GST compliant

SAP launches solution to help SMEs become GST compliant

Some services, however, may see a marginal increase in taxation as service tax is likely to go up to 18 per cent under GST from 15 per cent at present. The rating will provide the name of the taxpayer...

by · Markets
Benin Management CORP Continues to Hold Stake in Ford Motor Company (F)

Benin Management CORP Continues to Hold Stake in Ford Motor Company (F)

The Financial Services segment primarily includes its vehicle-related financing and leasing activities at Ford Motor Credit Company LLC. Jefferies Upgrade its coverage for Ford Motor Co. The sto...

by · Markets

Trump tax push raises questions about scope of his 'reform'

Mr Trump insisted that his plans were on track and that his strategy to remake the economy would change history. "The difference of a little over 1 percent of GDP over a 10-year period of time can...

by · Markets

Shares of Canadian lumber companies rally as Trump moves to levy tariffs

Many observers had expected Mexico or China to be the first targets of Trump's protectionist trade policies. The ministers promised that Canada "will vigorously defend the interests of the Canadian ...

by · Markets
Speedy US corn, soy farmers face return of rain delays

Speedy US corn, soy farmers face return of rain delays

U.S. growers planted 11% of their corn crop in the week to Sunday - equivalent to almost 10m acres, an area the size of Switzerland - as a break in Midwest rainfall allowed them to play catch-up aft...

by · Markets

Samsung and Qualcomm reportedly working on new Snapdragon 845 chipsets

The Galaxy S8 adopts three biometric technologies - iris scanner, facial recognition and fingerprint sensor- to unlock the smartphone. "But, it needs more than four to five years for facial recognit...

by · Markets

OPEC Chief Sees Oil Producers Closer to Re-Balancing Market

US crude oil production rose to 9.25 million barrels per day, official data showed, up nearly 10 percent since mid-2016. Gasoline stocks posted a counter-seasonal build of 1.5 million barrels, des...

by · Markets

New 15% foreign buyer tax set to come to Toronto

While Vancouver's once-boiling market has cooled since a 15 percent foreign buyers tax was imposed in August, Toronto has continued to boil and the heat has spilled over into neighboring cities in sou...

by · Markets
Wipro Q4 profit rises 7% on sequential basis to Rs 22.67 bn

Wipro Q4 profit rises 7% on sequential basis to Rs 22.67 bn

The profit for the segment was almost flat at Rs 2,530 crore ($390 million). Speaking to Express, Wipro CFO Jatin Dalal said, "If you see full-year growth in constant currency, the U.S. Meanwhile,...

by · Markets