Money

Live update on the camp the morning after evacuation, night of arrests

Live update on the camp the morning after evacuation, night of arrests Looming over it all is a still-unresolved court battle. Houck says the end of the camp only strengthens her resolve to continue fighting the 1,200 mile pipeline, which is almost complete, save for a section under the Missouri River just north of the camp. [Full Article...]

DeVos opposed undoing transgender protections

DeVos opposed undoing transgender protections New Education Secretary Betsy DeVos defended the Trump administration's decision to rescind protections for transgender students, arguing that the protections were an "overreach" of the Obama administration. I was discouraged when Vice-President Mike Pence cast the tie-breaking vote , ensuring she would be confirmed as our next Education Secretary. DeVos, she said, has no education background. [Full Article...]

Hewlett Packard Enterprise Co (NYSE:HPE) Reviewed By Analysts

Hewlett Packard Enterprise Co (NYSE:HPE) Reviewed By Analysts First quarter GAAP diluted net earnings per share (EPS) was $0.16, up from $0.15 in the prior-year period, and above its previously provided outlook of $0.03 to $0.07. The ex-dividend date is Monday, March 13th. Number of analysts are eying on this stock and after detailed observation, they have given the stock mean target price of $58.00 while their mean recommendation is 3.00 (1=Buy, 5=sell). [Full Article...]

Burger King (TSE:QSR) is Buying Popeyes for $1.8 Billion

Popeyes has more than 2,600 restaurants in the United States, Canada and two dozen other countries. But Restaurant Brands International or RBI will still be behind fast-food superpower Yum Brands (NYSE:YUM) that has 40,000 stores around the world and is growing every month. [Full Article...]

Winds force Flybe plane to crash land at Amsterdam's Schiphol airport

Winds force Flybe plane to crash land at Amsterdam's Schiphol airport Powerful winds battered parts of Northern Europe Thursday, disrupting transportation and killing a woman who was hit by flying debris in central England. FlyBe flight 1284, which had already battled fierce winds due to Storm Doris, tilted to one side and nearly left the runway before skidding to a stop this afternoon (23rd February). [Full Article...]

Barclays nearly triples full year profit to £3.2bn

Barclays nearly triples full year profit to £3.2bn The bank's results reflected the fact that it added £ 1bn to this bill in 2016, but this compared to £2.8bn the year before. Shares in Barclays rose by almost 3 per cent in early trading on Thursday after it reported a jump in profits for 2016 to £3.2 billion, versus £1.1billion a year earlier. [Full Article...]

Fed Minutes Hint Rate Hike Coming "Fairly Soon"

Fed Minutes Hint Rate Hike Coming These factors and economic data were used to indicate that an interest rate hike could be forthcoming fairly soon. "Precisely when we take an action - March, May, or June - I can't tell you", Yellen testified before the Senate banking committee. [Full Article...]

Norwegian Air to Launch $65 Routes Between Europe and US

Norwegian Air to Launch $65 Routes Between Europe and US They have accused Norwegian of getting around Norway's labor and tax laws by operating new flights with a subsidiary based in Ireland called Norwegian Air International . East Coast. Norwegian Air Shuttle said it will offer 14 new direct flights to small airports in the New York, Boston and New England areas. That could mean additional frequencies and other European routes. [Full Article...]

US Treasury secretary Mnuchin vows 'very significant' tax reform by August

But Mnuchin told CNBC on Thursday that the administration and Republican leaders in Congress have already agreed on "the majority of where we are on tax reform". Acknowledging that the timeline for the tax reform plan is aggressive, Mnuchin told Fox Business Network that it would use "dynamic scoring" to boost economic growth. [Full Article...]

The Dow Chemical Company (NYSE:DOW), Time Warner Inc. (NYSE:TWX)

Jefferies Group LLC reiterated a "hold" rating and issued a $65.00 price objective on shares of Dow Chemical Company (The) in a research report on Thursday, February 2nd. The Dow Chemical Company (DOW) is an interesting player in the Basic Materials space, with a focus on Chemicals - Major Diversified. The company's Relative strength index is 59.96. [Full Article...]

The Kraft Heinz Company (KHC): How technical indicators have come out?

The Kraft Heinz Company (KHC): How technical indicators have come out? Moving toward the volatility measures, the price volatility of stock was 2.27% for a week and 2.56% for a month as well as price volatility's Average True Range for 14 days was 0.26. After getting a cool reception to its proposed merger with Unilever , Kraft made a decision to abandon its plans to buy the company for $50 per share. [Full Article...]

Home Depot Profit Tops Estimates as Home Spending Marches On

Looking ahead, the chain expects sales growth of about 4.6 percent and earnings of $7.13 per share for the new fiscal year. The company increased its targeted dividend-payout ratio to 55 percent of net earnings, up from 50 percent. In the transaction dated November 17, 2016, the great number of shares disposed came courtesy the EVP-Supply Chain & Product Dev; HOLIFIELD MARK disposed a total of 15,... [Full Article...]

Forex - Dollar mostly steady in Asia with Yellen remarks eyed

Forex - Dollar mostly steady in Asia with Yellen remarks eyed FTSE 250 financial broker NEX Group posted a rise in revenue for the third quarter as Donald Trump's United States presidential win lifted trading activity, although the company warned it was still too early to assume that a period of subdued market conditions had come to an end. [Full Article...]

Trump Visits Boeing to Tout Jobs, Manufacturing

Speaking at the unveiling of Boeing's new Dreamliner jet in South Carolina, Trump commented on the appearance of his own aircraft, Air Force One, saying, "That plane, as attractive as it looks, is 30 years old-can you believe it?" President Trump reiterated a campaign promise to buy and hire American at the debut of Boeing's new long-haul airplane on Friday, with the president pointing to th... [Full Article...]

Kraft Heinz still dreaming of Unilever takeover

The Pittsburgh-based company made a "comprehensive proposal" and will seek to gain an agreement on the terms of a transaction, it said. Further, while Unilever owns several major food brands, including Hellmann's, Lipton and Ben & Jerry's, its largest business is the personal care category. [Full Article...]

Oil prices head lower after data shows spike in USA supplies

Oil prices head lower after data shows spike in USA supplies The West African country's production levels ranges between 1.576 million barrels and 1.604 million barrels per day, CGTN Africa reports based on figures provided in OPEC's monthly oil market report (MOMR). Stephen Brennock, an analyst with broker PVM, said the main source of shale oil growth is coming from the Permian shale, which is situated mostly in Texas. [Full Article...]

Trump's ultimatum to North Atlantic Treaty Organisation allies: Spend more or we will 'moderate commitment'

Trump's ultimatum to North Atlantic Treaty Organisation allies: Spend more or we will 'moderate commitment' The American ships had been moved, the Pentagon said, to "ensure maritime security"-in other words, to show force without the risks of doing what Mattis was evidently prepared to do last week: directly confront Iran in a way that could have set off a deadly military engagement". [Full Article...]

Inflation driven to highest level since June 2014

On Monday, the Central Statistics Office (CSO) reported that India's annual retail inflation eased to 3.17 per cent in January from 3.41 per cent in December and 5.69 per cent reported during the corresponding period past year. The shelter index rose 0.2 percent, a smaller increase than in recent months. Vegetable inflation continued to be in the negative territory at (-) 15.62 per cent as again... [Full Article...]

Hackers May Have Just Cost Yahoo $250 Million

Verizon announced its intention to acquire Yahoo's internet properties past year for $4.8 billion. However, Yahoo has lagged Alibaba's performance over most of the previous year as its transaction with Verizon was held up. Verizon declined to comment on either report . Verizon's telephone business is seeming dated these days, and Yahoo's business won't do much to change that. [Full Article...]

Fed's Yellen says fiscal policy adds 'uncertainty' to outlook

Fed's Yellen says fiscal policy adds 'uncertainty' to outlook Overseas, higher-rated euro zone government bond yields edged lower early on Tuesday in the face of an uncertain political and monetary policy outlook. "The Fed originally said three [rate hikes] so March could be swing month, but you still have economic numbers and the jobs report and maybe some clarification on tax policies before then". [Full Article...]


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