Archive | Markets

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NY hedge founder pleads not guilty

Mark Nordlicht , Platinum's founding partner and chief investment officer, was taken into custody at his New Rochelle, New York, home in conne...

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BP strikes $2.2 billion deal for onshore oil fields in UAE

Dec 17 BP became the second Western oil major to renew a 40-year onshore concession in Abu Dhabi on Saturday after nearly two years of negotiati...

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November Housing Starts Plummeted 18.7%, Building Permits Shy of Forecast

There were, however, some silver linings in the report. Economists had forecast housing starts slipping to a 1.23 million-unit rate last month...

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Analysts Advise About Eli Lilly and Company (NYSE:LLY)

The consensus estimate is for EPS of $3.97. The company's 5 year Earnings per share growth and Capital Spending growth remains at -13.19 and 6.5...

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Canadian woman among 7 killed in shootout in Jordan

They are now under siege from the security forces. The attackers took refuge in the castle after firing on a police patrol, state-run media sa...

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Mylan's generic EpiPen available next week

Mylan CEO Heather Bresch said that the company produced the cheaper generic version out of concern for rising drug prices and the ability of f...

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Cahill 'proud' of Chelsea's winning run

Mark Noble scored his second penalty in successive games as West Ham secured back-to-back wins for the first time since October with a 1-0 win o...

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Apple Inc. (NASDAQ:AAPL) Analyst Opinion

Apple accounts for approximately 4.2% of Baker Chad R's portfolio, making the stock its 4th largest position. Solaris Asset Management LLC's ho...

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Global shares meander after Fed rate hike, dollar steady

Treasuries and stocks. "All the (Federal Open Market Committee) participants recognize that there is considerable uncertainty about how econom...

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Cuba proposes to use rum to pay back Czech debt

If that proposal becomes a reality, the Czech would have enough Cuban rum for well over a century. Zurovec did, however, add that the Czech Re...

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Bombay High Court hearing on Wadia removal suit tomorrow

Wadia, who is independent director in Tata group firms, including Tata Motors, Tata Steel and Tata Chemicals, is facing vote by respective share...

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Cyrus Mistry removed as director from Tata Teleservices Board

The directors include Srinath Narasimhan, managing director of Tata Teleservices, Ishaat Hussain, director, who was also appointed as chairman o...

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Beshear joins suit against drug companies alleging price inflation

Generic drug pricing became an issue in 2014, driven in large part by media reports of sharply rising drug prices, and Congress opened an inve...

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NZ dollar tumbles, swaps, bond rates rise

The US dollar climbed the highest level since 2003 against the euro as the prospect of a steeper path for US interest rates next year filtered t...

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Vericel Corporation (NASDAQ:VCEL), Advanced Micro Devices, Inc. (NASDAQ:AMD)

They set a buy rating and a $11.00 target price for the company. Finally, Barclays PLC raised Advanced Micro Devices from an "underweight" rat...

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Alaska Airlines completes merger with Virgin America

Its closure, however, has depended on it garnering US Department of Justice (DOJ) antitrust approval, which it did this month, and on the settle...

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Alaska Air and Virgin America are now one

Virgin aims for a hip, sassy ambience on its jets with mood lighting, boarding music, video at every seat and touch screen drink ordering. The d...

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Stocks turn lower after Fed rate hike

It's the second increase in more than 10 years, and the ten Fed officials voted unanimously, making it the first time since June that they all a...

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GST to be implemented in 2017: PM Modi

In his address Modi pointed out, "India is now witnessing an economic transformation". Mr Modi also said, licensing regime has been rationalised...

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Caught on camera: Postal worker's truck catches on fire

The app , however, isn't just geared toward the sender - the receiver will also get a slice of the fun, allowing them to take a photo or video ...

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Financial mover: The PNC Financial Services Group, Inc.'s (PNC)

The share price of the stock surged 9.77% for the year. Johnson Financial Group Inc. boosted its stake in shares of The Hartford Financial Servi...

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Britain sells further 1 percent of Lloyds shares

The company has 1 year Price Target of $2.28. Lloyds Banking Group PLC has a 52 week low of $2.47 and a 52 week high of $4.49. The stock's marke...

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Yahya Jammeh rejects Gambia election results

Mr Jammeh, who seized power in a bloodless 1994 military coup, has always been accused by human rights groups of heading a regime that impriso...

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Asian stocks mixed ahead of Fed rates decision; oil soars

The broader S&P gained 0.1 per cent while the Nasdaq composite fell 0.6 per cent. According to data from the Commodity Futures Trading Commi...

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Teenager Arrested After Bringing Backpack Filled With Weapons to Trump Tower

A source told the New York Post that Wang had told police he was a Trump supporter and always carriers the the weapons because he's a "survi...

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