Markets

Cathay Pacific reports first annual loss in 8 years

Cathay Pacific reports first annual loss in 8 years

Shares of Hong Kong's flag carrier fell nearly 5 percent after the news. Acknowledging the competitive landscape, Cathay recently undertook what was the biggest review of its business in two decades...

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Institutional Portfolio Favorite in Spotlight: Murphy Oil Corporation (NYSE:MUR)

The company reported $-0.28 EPS for the quarter, beating the analyst consensus estimate by $ 0.04. These analysts and investment firms use various valuation methods to decide a price target for a stoc...

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Audi offices raided in Dieselgate investigation

Audi said earlier on Wednesday that German prosecutors were searching its headquarters in Ingolstadt and a factory in Neckarsulm. Premises of Volkswagen's VOWG_p.DE luxury unit Audi as well as se...

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Abbott Laboratories (NYSE:ABT) Reviewed By Analysts

Finally, Royal Bank of Canada dropped their price target on shares of Abbott Laboratories from $48.00 to $46.00 and set an "outperform" rating for the company in a research report on Thursday, Janua...

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The government drops its plan to hike National Insurance for the self-employed

The government drops its plan to hike National Insurance for the self-employed

According to the proposal, the treasury meant to initially raise National Insurance contributions for those classified as self-employed from 1 percent to 10 percent, with a envisaged further increase ...

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Fed Policy Keeps Stock ETF Traders on Edge

Fed Policy Keeps Stock ETF Traders on Edge

An increasingly likely rate hike by the U.S. Federal Reserve this month keeps the value of American dollar high, which creates downward pressure on oil prices. Benchmark Brent crude fell 1.5 percent t...

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The Republican Health Plan

The Republican Health Plan

Yesterday afternoon, the CBO released its findings, and the outlook isn't good. On Monday the Congressional Budget Office (CBO ) projected that the number of uninsured people would grow by 14 mil...

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Volkswagen and Fiat Chrysler merger? VW CEO does not rule out possibility

Volkswagen and Fiat Chrysler merger? VW CEO does not rule out possibility

If both companies start the talks on the merger, the potential intricate matter is the rivalry between Fiat Chrysler and Volkswagen. It is debatable that Marchionne may take up the challenge and conta...

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Oil in Global Economy Series: OPEC deal compliance review

Russia's top oil major Rosneft warned that a recovery in US oil output may deter OPEC and non-OPEC producers from extending production cuts beyond June and might lead to a new price war. "Neverthel...

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BJP drops sitting councillors, wants new faces in civic polls

BJP drops sitting councillors, wants new faces in civic polls

According to sources, numerous sitting councillors have been promised tickets for the next Assembly elections and other posts in the organisation. Tiwari, who carries an "outsider" tag in Delhi, cla...

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Scott Gottlieb, a Familiar Face at the FDA, Could Return as Commissioner

Scott Gottlieb, a Familiar Face at the FDA, Could Return as Commissioner

Bush administration", said a March 10 NPR piece . As frustration only grows regarding the Republicans' continued wrangling over how best to repeal and replace ObamaCare, Donald Trump's choice to he...

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Trump to Announce Review of Vehicle Emissions Rules

Trump to Announce Review of Vehicle Emissions Rules

Trump has long signaled his intention to reverse Obama's climate-change initiatives, but the Republican president has vowed his planned overhaul of green regulation would not jeopardize America's wate...

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American Airlines Offering Free In-Flight Meals Again!

American Airlines Offering Free In-Flight Meals Again!

American Airlines said today that it plans to offer free meals to everyone in economy on certain cross-country flights starting May 1. American Airlines is dishing out more free perks. The airline...

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Heydar Aliyev International Airport recognized best airport in CIS

Heydar Aliyev International Airport recognized best airport in CIS

The award for Best Airport Staff recognizes airport workers who come into contact with travelers across a wide range of areas, including staff working at customer help counters, immigration and secu...

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Aralez Pharmaceuticals Inc. (NASDAQ:ARLZ)

Aralez Pharmaceuticals Inc. (NASDAQ:ARLZ)

As of current trade, Aralez Pharmaceuticals Inc (NASDAQ:ARLZ) has shown weekly downbeat performance of -32.79%. According to 2 analysts, Price Target for Aralez Pharmaceuticals Inc. This estimat...

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Here's how Republican health care reform would affect young people

Here's how Republican health care reform would affect young people

The Columbus Dispatch reports Ohio's proposed Medicaid budget for next year is projected at $28 billion, including federal funding. Using IRS data on tax returns for every ZIP code , TIME calcula...

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Oil settles a tad lower after sliding to three-month lows

Oil settles a tad lower after sliding to three-month lows

Saudi Arabia said it was "committed" to stabilising the global oil market, and that its output was still in line with its Opec target. While Saudi Arabia pumped more than 10 million barrels a day...

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Axalta Coating Systems' (AXTA) Buy Rating Reaffirmed at Instinet

Axalta Coating Systems' (AXTA) Buy Rating Reaffirmed at Instinet

Charles W. Shaver is one of the biggest insider owners in Axalta Coating Systems Ltd . (NYSE:AXTA), according to U.S. Securities and Exchange Commission (SEC) filings. Comerica Bank bought a new posi...

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SA government announces Australia's largest battery

As we mentioned yesterday, a recently-released report from the Grattan Institute states electricity prices in Adelaide have close to doubled in the last decade. Shell, which runs the Queensland Curtis...

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When will unsafe blizzard conditions begin in MA on Tuesday?

When will unsafe blizzard conditions begin in MA on Tuesday?

By 3 p.m., there will be heavy snow inland with some mixing toward the Cape. Kids, this may be the one time when it is safe to put off the homework. Snow is expected to taper off through the afterno...

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USA reportedly ready to charge four in Yahoo's massive hacks

The U.S.is arresting one of the people in Canada as soon as Tuesday, the person said. The Yahoo hack would be the latest cyberattack that United States authorities have blamed on Russian Federation,...

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Tokyo: Stocks hit 15-month high on yen weakness

Official data released early in the day showed a 3.2% fall in the country's core machinery orders, well off estimates for a 0.5% increase as picked by a Reuters poll. Seoul shares rose sharply to hit ...

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Research Ratings: Cisco Systems, Inc. (CSCO), Pfizer Inc. (PFE)

Research Ratings: Cisco Systems, Inc. (CSCO), Pfizer Inc. (PFE)

Proficio Capital Partners LLC now owns 3,211 shares of the network equipment provider's stock worth $102,000 after buying an additional 210 shares during the last quarter. Finally, Barrow Hanley Mewhi...

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Riyadh back to square one as crude prices slide

U.S. West Texas Intermediate crude (WTI) edged down 3 cents to $48.37 a barrel by 0026 GMT. In November, OPEC and some members outside the oil cartel, including Russian Federation, reached an agre...

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Citrix Systems explores strategic alternatives including a sale

Citrix Systems explores strategic alternatives including a sale

Analysts giving shares a rating of 1 or 2 would be indicating a Buy. According to their observations and findings, the stock could provide a high EPS of $1.17/share and a Low EPS of $1.01/share. The C...

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Water park studied at ex-Atlantic Club casino in Atlantic City

Water park studied at ex-Atlantic Club casino in Atlantic City

The casino floor will also be turned into a go-cart track. He said it should take 12 to 14 months to complete the water park once construction begins. The Atlantic Club is one of several former casi...

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European poll jitters buffer gold against prospects of higher USA interest rates

European poll jitters buffer gold against prospects of higher USA interest rates

On Monday opening, gold prices rallied as markets turned their attention towards the upcoming Dutch elections and Fed's rate hike decision within the week. Gold prices closed lower for ninth session i...

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Rio Tinto plc (RIO) Cut to

Rio Tinto plc (RIO) Cut to "Hold" at Zacks Investment Research

Its iron ore mines are located in Australia and Canada. Several other brokerages also recently weighed in on RIO. As for as concerns shares volumes, in share of capital Rio Tinto plc (NYSE:RIO) ha...

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Lloyds outsourcing deal sparks security fears

Lloyds outsourcing deal sparks security fears

Lloyds Banking Group is to offshore almost 2,000 IT jobs as part of its shift to IBM , according to the Lloyds Trade Union. The staff affected largely work in Edinburgh and Copley, West Yorkshire...

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Oil touches three-month lows, as U.S. supply swells

Oil touches three-month lows, as U.S. supply swells

There are two ways to read the numbers. OPEC and other major oil producers, including Russian Federation, had reached a landmark agreement late previous year to rein in production by nearly 1.8 mi...

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Tallgrass Energy Partners, LP (NYSE:TEP) Receives An Update From Brokers

Tallgrass Energy Partners, LP (NYSE:TEP) Receives An Update From Brokers

Enbridge Energy Partners, L.P. (NYSE:EEP) has the market capitalization of $6.15 Billion. The company has market cap of $291.88 million. The company reported $0.81 earnings per share for the quarter, ...

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Fire reported at Syncrude base mine

Fire reported at Syncrude base mine

Last May those firefighters battled to save the facility from uncontrolled wildfires that raged through the Fort McMurray oiltown region. "The safety of the people at the site is Syncrude's top prio...

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Toshiba Considering Sale Of Westinghouse Electric Company

Toshiba Considering Sale Of Westinghouse Electric Company

Toshiba said it was willing to consider a bankruptcy filing for Westinghouse Electronic to stop the bleeding at the USA nuclear affiliate, and it intends to sell the majority stake of its flash m...

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Stock for Your Case: Petroleo Brasileiro SA - Petrobras (NYSE:PBR)

The stock volatility for week was 3.17% while for month was 2.76%.The stock, as of last close, traded 105.00% to its 52 week low and was changed -24.92% from its 52 week high. Petroleo Brasileiro S.A....

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Crude oil remains under pressure as United States producers push prices downward

Crude oil remains under pressure as United States producers push prices downward

That accord had aimed to cut world oil supply by 1.8 million barrels a day (around 2% of world output) from January through June, to speed the rebalancing of a world market suffering from a glut. Cr...

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