Money

Money Royal Mail sees a 25 per cent rise in profits
Author: 0 Royal Mail sees a 25 per cent rise in profits

The group said it continues to expect letter volumes to fall between 4.0% to 6.0% per year over the medium term but sees this at the higher end of the guidance range in fiscal year 2017-18 if the "current climate of business uncertainty persists".

Author: 0 Kuwait next to back oil production cap extension

Members of the Organization of Petroleum Exporting Countries agreed in November to cut 1.2 million barrels a day of oil production. Oil has gained support from the deal but inventories remain high and rising output from other producers, such as the U.S., is keeping prices below the $60 that top exporter Saudi Arabia would like.

Money Top newspaper calls on Brazil leader to quit
Author: 0 Top newspaper calls on Brazil leader to quit

Joesley Batista apparently secretly recorded Temer discussing hush money Batista was to pay to solve problems Batista had at a power plant his company owned, the Times reported . The revelations are allegedly that President Michel Temer, as well as his two predecessors, Luiz Inacio Lula da Silva and Rousseff, were involved in massive bribery and corruption schemes in which JBS was given contracts and low-priced credits, as well as resolving tax and other issues with the authorities, ...

Author: 0 Ford to Cut 10% of Salaried Workforce in Asia, North America

The company said the job cuts would occur through "voluntary" buyouts and early retirement packages and will be spread out among "most" salaried departments, except product development, manufacturing and the company's internal credit division.

Money Strs Ohio Sells 21620 Shares of Boston Scientific Co. (BSX)
Author: 0 Strs Ohio Sells 21620 Shares of Boston Scientific Co. (BSX)

Wedge Capital Mgmt L LP Nc holds 0.52% of its portfolio in Boston Scientific Corporation (NYSE:BSX) for 2.48 million shares. Finally, Cleararc Capital Inc. Boston Scientific (NYSE:BSX) last posted its quarterly earnings results on Thursday, April 27th. Guggenheim restated a "buy" rating on shares of Boston Scientific in a research note on Wednesday, April 12th.

Author: 0 North Korea just fired a new missile test, South Korean officials say

An official travelling with U.S. President Donald Trump in Saudi Arabia said the White House was aware of the latest launch and noted that the missile had a shorter range than the three previous missiles that North Korea had tested. The missile tested in February was a Pukguksong-2, a medium long-range ballistic missile, officials said. It marked Pyongyang's eighth missile test this year.

Author: 0 Most Recent Analysts Ratings Nabors Industries Ltd. (NBR)

BMO Capital Markets set a $13.00 price objective on shares of Nabors Industries and gave the stock a "hold" rating in a report on Saturday, May 6th. Nabors Industries Ltd . ( NBR ) has a market capitalization of 2.89 Billion which suggests the company is a huge company further suggesting that the shares of Nabors Industries Ltd .

Author: 0 United States stock indexes bounce back from slump a day earlier

Adirondack Trust Co. now owns 5,682 shares of the retailer's stock worth $409,000 after buying an additional 25 shares during the period. Although Seattle-based Amazon.com still leads the field by a wide margin, with Q1 fiscal 2017 ecommerce sales of $23.73 billion, Walmart is working hard to give the online giant a run for its money.

Money 8 injured after plane clips LA airport truck
Author: 0 8 injured after plane clips LA airport truck

The Aeromexico Boeing 737 passenger jet that knocked over an airport food truck remained in a hanger Sunday, as Airport police have completed - but not released - their investigation. Pedregon said the truck belonged to Irving, Texas-based G2 Secure Staff, which provides a range of services for airlines and at airports across the country.

Author: 0 AbbVie Inc (ABBV) Posts Earnings Results, Beats Estimates By $0.02 EPS

The share price of the company (NYSE:ABBV) was up +0.40% during the last trading session, with a high of 66.10 and the volume of AbbVie Inc. shares traded was 6000963. William Blair initiated the shares of ABBV in report on Friday, February 5 with "Outperform" rating. In other news, Chairman Richard A. Gonzalez sold 72,016 shares of AbbVie stock in a transaction dated Wednesday, March 8th.

Author: 0 Baidu Inc (BIDU) Shares Bought by Wedbush Securities Inc

IFP Advisors Inc now owns 1,596 shares of the information services provider's stock worth $275,000 after buying an additional 9 shares during the period. If you are reading this story on another website, it was illegally stolen and republished in violation of USA and global copyright laws. The original version of this news story can be accessed at https://www.thestockobserver.com/2017/05/19/holderness-investments-co-invests-367000-in-baidu-inc-bidu.html.

Author: 0 Man Tried To Breach Cockpit Door On Hawaii Flight

After the plane landed in Honolulu , a passenger took video of Federal Bureau of Investigation agents leading Uskanil, a Turkish national, off in handcuffs. "It caused worry on the plane, more curiosity than fear I would say because he wasn't acting irrationally but you could tell something was kind off about him as well", he said.

Author: 0 Iraq's Crude Oil Production Is near a 9-Month Low

Goldman Sachs said output would increase from OPEC members that were exempt from the cuts. Oil prices continue growing. OPEC crude production rose by 65,000 barrels per day in April to 31.78 million barrels per day, as higher output from Nigeria and Saudi Arabia more than offset lower flows from Libya and Iran, the International Energy Agency (IEA) said in its May Oil Market Report.

Money Portland General Electric Company (POR) Updates FY17 Earnings Guidance
Author: 0 Portland General Electric Company (POR) Updates FY17 Earnings Guidance

A number of analysts recently commented on GE shares. Barclays PLC set a $36.00 price target on shares of General Electric Company and gave the stock a buy rating in a research note on Thursday, December 15th. More interesting news about General Electric Company (NYSE:GE) were released by: Seekingalpha.com and their article: "General Electric: Buy The Downgrade?" published on May 16, 2017 as well as Seekingalpha.com's news article titled: "Do Not Short General Electric" with publication ...

Author: 0 Marathon Oil (MRO) Given News Sentiment Rating of 0.28

Credit Suisse Group AG reissued a "buy" rating and set a $63.00 price objective on shares of Marathon Petroleum Corp in a research note on Sunday, February 5th. The company's revenue for the quarter was up 88.1% compared to the same quarter past year. A number of hedge funds have recently modified their holdings of MRO .

Money Qantas A380 turns back to LA after engine fails
Author: 0 Qantas A380 turns back to LA after engine fails

A Melbourne-bound Qantas flight carrying almost 500 passengers has been forced to turn back to Los Angeles after an engine failed, appearing to spark mid-air. Loud noises may have been the sound of the engine being shut down. The Airbus A380 departed LAX at 10:21 p.m. on Friday night and returned to the same airport at 2:56 a.m., according to CBS Los Angeles .

Money Nuclear Waste Tunnel Collapses in Washington State
Author: 0 Nuclear Waste Tunnel Collapses in Washington State

There was no indication of a nuclear release, but crews were continuing to survey for contamination, the department said . The Hanford Site suffered a leak in a massive nuclear waste storage tank in 2016 that was described as "catastrophic" by a former employee.

Author: 0 Caterpillar Inc. (CAT) Stock Rating Upgraded by Vetr Inc

Caterpillar Inc. (NYSE:CAT), after opening at $99.14, closed at $100.22 by scoring 0.08%. Capital World Investors now owns 18,220,351 shares of the industrial products company's stock valued at $1,617,421,000 after buying an additional 2,546,164 shares during the period.

Money Russian FM Lavrov denies discussing Comey's dismissal with Trump
Author: 0 Russian FM Lavrov denies discussing Comey's dismissal with Trump

The White House did not dispute the account portrayed, and instead said that the FBI investigation had put unnecessary pressure on the President's ability to conduct diplomacy with Russian Federation. He hopes Mr Comey's testimony will answer some of the questions that have arisen since the Federal Bureau of Investigation director was suddenly dismissed last week by Donald Trump.

Author: 0 Russia Foreign Minister Denies Talking to Trump about Comey

The Times reported that Mr Trump told Russian foreign minister Sergey Lavrov and ambassador to the U.S. Sergey Kislyak of his decision to fire Comey. Comey agreed to the public hearing at the tail end of a week that was filled with blockbuster revelations about the former Federal Bureau of Investigation chief's relationship with the president.

Money Broker Changes For EnLink Midstream Partners LP (NYSE:ENLK)
Author: 0 Broker Changes For EnLink Midstream Partners LP (NYSE:ENLK)

Investors sentiment decreased to 0.92 in Q4 2016. Annual EPS Growth of past 5 years is -20.50%. On Friday, March 10 the insider MIKUEN SCOTT T sold $2.26 million. Its down 0.50, from 1.47 in 2016Q3. 97 funds opened positions while 223 raised stakes. 702,797 shares or 14.52% less from 822,193 shares in 2016Q3 were reported.

Author: 0 Venezuela opposition leader blocked from traveling to UN

Venezuela 's latest wave of anti-government unrest, which has left at least 45 people dead in the last six weeks, began with the Supreme Court, packed with Maduro supporters, assuming the authorities of the opposition-led Congress in late March.

Author: 0 BAE Systems PLC (BAESY) Valuation According To Analysts

The company has market cap of $75.65 million. Aetna Inc now has $46.91B valuation. It closed at $1.9 lastly. (TSE:MDI) has risen 6.00% since April 19, 2017 and is uptrending. The firm has "Buy" rating given on Thursday, October 6 by Ladenburg Thalmann. On Tuesday, September 15 the stock rating was upgraded by BNP Paribas to "Neutral".

Author: 0 Arun Jaitley announces GST tax rates, exempts education and health

Once claimed as the nationwide single tax rate regime, the GST has now altered into four different rates, ranging from 5 per cent to 28 per cent. The GST Council over the two-day meeting on May 18-19 has made a decision to retain majority of the exemptions now available in the service tax regime in the GST.

Money House speaker promises tax overhaul this year despite chaos
Author: 0 House speaker promises tax overhaul this year despite chaos

Comey wrote the memo after his meeting with the president, according to reports. The FBI has been looking into Flynn for months as part of a counterintelligence investigation. What I told our members is now is the time to gather all the pertinent information. Ryan called for Republicans to be "responsible" and "sober" in the ongoing Congressional investigations, and focus only on facts.

Author: 0 Hassan Rouhani wins Iran President election for the second time

For Rouhani, the election was viewed as referendum on the nuclear deal that Iran struck with world powers. Iranian President Hassan Rouhani handily won re-election in what amounts to a victory for the Shiite nation's reformist camp and a sign that citizens favor fruitful engagement with the outside world.

Money Saudi, US sign deals 'in excess of $380 billion': Saudi FM
Author: 0 Saudi, US sign deals 'in excess of $380 billion': Saudi FM

Trump was greeted warmly during his Saudi visit, and USA and Saudi officials signed at least $350 billion in business transactions on the first day - including a $110 billion defense and military deal to bolster the Saudi military. Interestingly, Trump had critcised former FLOTUS Michelle Obama for not covering her head with a scarf during President Obama's Saudi Arabia visit.

Author: 0 Israel, Palestinians Gear Up for Trump Visit

Israel was apparently the source of the highly classified information that Trump was accused of divulging in a meeting with Russian officials on Monday, a current and a former White House official familiar with the situation revealed to the New York Times on Tuesday.

Money 'Hoos won't play at ACC Tourney until Thursday
Author: 0 'Hoos won't play at ACC Tourney until Thursday

UM's other pool game is 3 p.m. Thursday against the Demon Deacons (38-17, 19-11). Pool play begins Tuesday but the Cavaliers (41-13) don't take the field until two days are in the books. #6 Miami vs. #3 Wake Forest (Pool C) - 3:00 p.m. #4 Virginia vs. #9 Duke (Pool D) - 11:00 a.m. #1 Louisville vs. #12 Notre Dame (Pool A) - 7:00 p.m.

Author: 0 Wal-Mart Stores, Inc

Late last month, there were reports that Amazon considered a takeover of grocery company Whole Foods. On Wednesday, he said the first-quarter performance "was better than our expectations". At the moment 34 analysts are watching Wal-Mart Stores, Inc. Those investments appear to be paying off. "Their strategy of being aggressive on price and investing in it is driving consumers into the store, particularly on the grocery side", said Ken Perkins, president of research firm Retail Metrics LLC.

Author: 0 Unemployment rate falls to record low in Arkansas

In the previous year, the county's labor force has grown by more than 4,000 people, and the number of people working has increased by about 4,600. "It's good that it's growing, but it doesn't meet the rate of growth of employment in OH in previous years", he said.

Money French researchers find way to unlock WannaCry without ransom
Author: 0 French researchers find way to unlock WannaCry without ransom

Suiche has also published a blog with technical details summarising what they have built to share with organisations infected by WannaCry. Adrien Guinet, a security expert; Matthieu Suiche, an internationally known hacker; and Benjamin Delpy, are among the people who have worked together to sort the issue out.

Author: 0 In Saudi Arabia, Melania Trump opts to keep her head bare

Tillerson said the two nations have "like-minded" goals in the security and economic spheres. "This is a battle between barbaric criminals who seek to obliterate human life, and decent people of all religions who seek to protect it", Mr Trump will say, according to excerpts of the speech.

Author: 0 Services to have 4-slab GST rates, no decision on gold

GST will see the base 28% tax and 15% cess taking total taxes on such models to 43% which is lower than current rate which could result in a lower pricing. "However, it is too early to say anything as we are yet to have the rates for services and textiles", CB Chandrashekar, CFO, Lakshmi Machine Works Limited, told Fibre2Fashion.

Money North Korea fires unidentified projectile - South Korea
Author: 0 North Korea fires unidentified projectile - South Korea

U.S. Pacific Command characterized the missile as a medium-range ballistic missile, such as the one the North tested in February. South Korea's Joint Chiefs of Staff says the rocket was sacked Sunday from an area near the North Korean county of Pukchang and flew eastward about 500 kilometers, or 310 miles.

Author: 0 China, Philippines confirm consultation mechanism on S China Sea

The Chinse President said they have historical rights to the disputed areas in the South China Sea . In a ruling by a year ago, the Permanent Court of Arbitration in The Hague clarifies Philippine sovereign rights in its 200-mile Exclusive Economic Zone to access offshore oil and gas fields, including the Reed Bank, 85 nautical miles off its coast.

Author: 0 Pa. jobless rate bumps up, payrolls shrink in April

Arkansas, Colorado and OR reported the lowest unemployment rates since 1976. "Our unemployment rate is even more impressive when you consider that the number of employees on the government payroll is shrinking, while private sector employment and the labor force participation rate continue to climb", Hutchinson said.

Money Obama-era Methane Emission Regulations Stand
Author: 0 Obama-era Methane Emission Regulations Stand

The Washington Post is reporting that the U.S. Senate narrowly voted down a resolution to repeal the methane emissions rule issued by the Interior Department's Bureau of Land Management in November 2016. Lindsay Graham, R-S.C., Democrats blocked the repeal from moving ahead by a vote of 51-49. It limits allowable venting and flaring and directs producers to capture the natural gas.

Money A look at Pippa Middleton's high-society wedding
Author: 0 A look at Pippa Middleton's high-society wedding

Mark's Church in Englefield, west of London. The bridesmaids were Countess Philippa Hoyos, Lily French, Avia Horner and Princess Charlotte , while the pageboys were Casimir Tatos, Edward Sebire, William Ward and Prince George. Middleton took the spotlight by surprise when she acted as maid of honor at the 2011 wedding of her sister to William mainly due to her svelte figure, the back of which was captured by many a camera.

Money Labour accuses Tories of 'shameful attack' on elderly
Author: 0 Labour accuses Tories of 'shameful attack' on elderly

At the time , a spokesperson for Mr Corbyn dismissed the news as "another silly story from a Tory paper". "These are made up numbers based on a shambolic manifesto with a £58 billion black hole at its heart". The revelations come as a Telegraph investigation revealed Corbyn's full links to the IRA, including his support for one of the Balcombe Street gang, who waged a 14-month bombing campaign across south-east England, and his links to the bomb maker believed to have been behind the 1982 ...

Author: 0 Rod Rosenstein: Jeff Sessions, Donald Trump wanted James Comey gone

The comments, allegedly made one day after Trump abruptly fired Comey, could fuel allegations Trump got rid of him because of the investigation into possible collusion between his 2016 presidential campaign and Russian Federation. Rosenstein said that though he was personally fond of Comey, "I thought it was appropriate to seek a new leader". Some members of Congress who attended the Friday briefing were disappointed by Rosenstein's explanations.

Money Trump Shared Secret Info About IS With Russians, White House Denies Report
Author: 0 Trump Shared Secret Info About IS With Russians, White House Denies Report

If anyone else in the government, except possibly the vice president, had revealed such classified information that person would be going to prison. USA allies including Australia, New Zealand and Japan cited the White House denials and said intelligence sharing would continue. Yet his decision to discuss an ally's information on the Islamic State with other countries could damage his standing with world leaders and lead some countries to start second-guessing their own ...

Author: 0 Ford to cut 1400 jobs in North America, Asia

With this in mind, it will be interesting to see how things unfold if Ford does indeed plan to cut 10 percent of its global workforce, as the layoffs will likely affect U.S.jobs as well. The cuts will not apply to Ford's Europe or South America units. Ford plans to make the cuts through early retirements and "special separation packages" (also expected to be voluntary) for those not eligible for early retirement.