Finance

Global gold prices inch up as dollar eases ahead of Fed decision

Global gold prices inch up as dollar eases ahead of Fed decision A spike in global bond yields, with 10-year US bond yields pushing well above 2.70 percent, their highest since April 2014, prompted some investors to cut some short positions and pushed the dollar higher on Monday. Investors are awaiting U.S. President Donald Trump's State of the Union speech for comments on the dollar. The Japanese yen strengthened 0.11 percent versus the greenback at 108.86... [Full Article...]

Most Active Stock: Range Resources Corporation (NYSE:RRC)

William Von Mueffling increased its stake in Bitauto Hldgs Ltd (BITA) by 18.98% based on its latest 2017Q3 regulatory filing with the SEC. As the current market price of the stock is $19.49 and diluted EPS for the trailing twelve month is -1.14, the P/E ratio for the stock comes out as N/A. [Full Article...]

Trump Administration Wants Deep Cuts to 'Clean Energy' Programs

Trump Administration Wants Deep Cuts to 'Clean Energy' Programs Draft budget documents obtained by The Washington Post show the Trump administration will ask for $575.5 million in spending for the Energy Department's Office of Energy Efficiency and Renewable Energy . The draft document obtained by the Post also says the administration will again ask Congress to eliminate the weatherization program, which has helped USA homeowners lower utility bills by ma... [Full Article...]

Putin apologized to the athletes

Putin apologized to the athletes He pointed out everybody understood very well that the price of victories in top level sports was very high. "But you and all sports fans should not have any doubts that Russian Federation will always perform, and has performed, and will support the ideas of clean sports in all senses, in all respects", Putin said. [Full Article...]

ICICI Bank Q3 net profit dips 27% to Rs 1894 crore

ICICI Bank Q3 net profit dips 27% to Rs 1894 crore The bank had registered a net profit of Rs 2,611 crore in the corresponding October-December quarter of 2016-17. Of these, the slippages from restructured assets were at Rs 197 crore against Rs 372 crore in the second quarter of this fiscal. [Full Article...]

Budget 2018: Timing, where to watch and other details

Budget 2018: Timing, where to watch and other details India has clamouring for a hike in the income tax exemption limit from Rs 2.5 lakh per annum to Rs 3 lakh since the run up to Budget 2017. Will the middle class get some relief in income tax? Multiple deductions might be replaced with a standard deduction to reduce the tax burden on consumers. [Full Article...]

Amazon, JPMorgan, Berkshire team up to tackle health care

Amazon, JPMorgan, Berkshire team up to tackle health care Together, Amazon , Berkshire Hathaway and JPMorgan Chase employ more than 1.1 million workers. The group we have made does not come with immediate solutions to these problems but we believe that by using our resources collectively and using them with the country's talent could control the rise in the health cost in time while increasing patient satisfaction. [Full Article...]

Eli Lilly Cruises Through Q4 Earnings

Eli Lilly Cruises Through Q4 Earnings Inspirion Wealth Advsrs Ltd reported 0.15% in Comcast Corporation (NASDAQ:CMCSA). 10% Owner at Eli Lilly and Company , LILLY ENDOWMENT INC on 2017-12-13 Sell 200000 shares of the company at a price of $88.2. Bank Of Nova Scotia Tru holds 2,400 shares. Spectrum Mgmt Grp holds 0.11% or 4,079 shares in its portfolio. The company reported $1.14 EPS for the quarter, topping the consensus estimate ... [Full Article...]

Islam Slimani set to join Newcastle United

Islam Slimani set to join Newcastle United Slimani, 29, joined Leicester in August 2016 for a fee believed to be a club-record £29m but he has started just two Premier League games this season. Newcastle have scored only 22 goals in 24 Premier League games and they had been linked with moves for Liverpool forward Daniel Sturridge before he joined West Brom and Feyenoord striker Nicolai Jorgensen. [Full Article...]

Wall Street stumbles as health stocks fall

Wall Street stumbles as health stocks fall USA stocks fell sharply in midday trading today, pulled down by hefty losses in health care and technology companies. The S&P 500 broke a record streak without consecutive drops of 0.5%. Late Tuesday, President Trump will deliver his first State of the Union address. Declining issues outnumbered advancers on the NYSE by 2,011 to 731. [Full Article...]

Younkers in Superior's Mariner Mall to close

Younkers in Superior's Mariner Mall to close Milwaukee- and York, Pa.,-based Bon-Ton said on Wednesday it will close Carson's at Streets of Woodfield in Schaumburg, Riverside Plaza in Chicago and clearance centers in Aurora and Morton Grove. The store is the only one in New Jersey affected in the announcement. The Tabani Group, which owns the mall, hasn't been formally notified, but it did receive Bon-Ton's news release, spokeswoman Theres... [Full Article...]

White House says no lawmakers seriously hurt

White House says no lawmakers seriously hurt Brian Fitzpatrick, R-8th District, who was also not injured, said his staff. Congressman Steve King uploaded a video of the incident, saying one person died in collision. A resident who lives near the scene said the truck belonged to Time Disposal. A spokesman says Republican Rep. Bruce Poliquin of ME suffered a "few minor bruises" but is OK after an Amtrak train hit a truck. [Full Article...]

Fujifilm to take over Xerox in $6-b deal, create joint venture

Fujifilm to take over Xerox in $6-b deal, create joint venture The deal previously had been reported by the Wall Street Journal. The combined company will provide print technologies and intelligent work solutions, with annual revenues of US$18bn (€14.4bn). Fujifilm Holdings is acquiring Xerox Corp. for $6.1 billion , and massive layoffs will likely be part of the deal - assuming regulators and activist investors approve the buyout. [Full Article...]

VW supervisory board members demand inquiry into diesel fume tests on monkeys

VW supervisory board members demand inquiry into diesel fume tests on monkeys In one such experiment conducted at a lab in New Mexico in 2014, researchers put 10 macaque monkeys in sealed rooms and pumped in exhaust fumes from a Volkswagen Beetle for four hours. If any conclusions drawn from the human or animal tests suggested the emissions were of a low risk, it is possible they were the result of testing using the now exposed "defeat device". [Full Article...]

Shares in United Kingdom government contractor Capita plunge 40% after profit warning

Shares in United Kingdom government contractor Capita plunge 40% after profit warning Before this morning's unscheduled update analysts had pencilled in profits of £400 million. Mr Lewis will embark on a £700m rights issue later this year and has suspended Capita's dividend "until the company is generating sustainable free cashflow". [Full Article...]

Boeing Q4 Results Beat Estimates, Sees Strong FY18; Stock Up

Boeing Q4 Results Beat Estimates, Sees Strong FY18; Stock Up This buyback authorization permits the aircraft producer to reacquire shares of its stock through open market purchases. The company's fourth-quarter results , published today, were well ahead of Wall Street's forecasts and the shares rose 5.5 per cent to $356.23 by mid-morning in NY. [Full Article...]

How Facebook's latest changes will affect the modus operandi of Travel Agents

How Facebook's latest changes will affect the modus operandi of Travel Agents The company cast the changes as part of a refocus on "community" - prioritizing social interactions and relationships, even if it means people spend less time on the platform. Earlier this month, Zuckerberg said his personal goal for 2018 is "fixing" Facebook's many problems. Facebook this week announced it will deliver more local news to US users, in its latest effort to manage the flow of info... [Full Article...]

'Because Americans are dreamers too': Trump lays out immigration reforms

'Because Americans are dreamers too': Trump lays out immigration reforms As the address began, Trump hit a series of surprisingly hopeful notes, with declarations of "a new tide of optimism" and praise for the nation including an unusually ego-less assertion that "our state of the union is strong because our people are strong". [Full Article...]

Unusual Activity Sighted in Harley-Davidson, Inc. (NYSE:HOG) Shares

Unusual Activity Sighted in Harley-Davidson, Inc. (NYSE:HOG) Shares About 164,145 shares traded. The correct version of this piece of content can be accessed at https://weekherald.com/2018/01/28/state-of-alaska-department-of-revenue-acquires-3864-shares-of-harley-davidson-inc-hog.html. Kosel Chris had sold 754 shares worth $154,096. General Electric Company (NYSE:GE) has declined 4.46% since January 28, 2017 and is downtrending. Three investment analysts have rate... [Full Article...]

Cisco Systems, Inc. (CSCO) Position Increased by Robshaw & Julian Associates Inc

Cisco Systems, Inc . (NASDAQ: CSCO)'s short interest is 47.66 million shares, or % of the float. It has underperformed by 3.50% the S&P500. First Republic Investment Management Inc increased its stake in Commscope Hldg Co Inc (COMM) by 73.04% based on its latest 2017Q3 regulatory filing with the SEC. [Full Article...]


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