Archive | Markets

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Maxim Group Just Issued "Hold" Rating on VMware (VMW)

The virtualization software provider reported $1.43 EPS for the quarter, topping analysts' consensus estimates of $1.40 by $0.03. Zacks Investm...

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Verizon and Charter are looking to combine

The company, which has 114 million wireless subscribers, would gain access to Charter's 24 million cable customers and 21 million broadband cust...

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TransCanada submits new application for Keystone XL permit

The Keystone XL project is a proposed 36-inch-diameter crude oil pipeline, beginning in Hardisty, Alberta, and extending south to Steele City, ...

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Niger Delta villagers lose United Kingdom court bid to sue Shell over pollution

Goldsmith argued that the case involves Shell's Nigerian subsidiary SPDC, which runs a joint venture with the Nigerian government. Amnesty sai...

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GM to cut 625 auto jobs in Canada, move to Mexico: union

Canada said it gave Unifor advance notification of how product changeovers would affect workers at three Ontario plants, adding it will continue...

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Alphabet Inc (GOOGL) Whiffs on Earnings, But Here's the Bright Side

Alphabet booked revenue of $26 billion during the three months ending December 31 2016, compared to $21.3 billion during the same time a year...

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Baker Hughes revenue climbs for second quarter

Baker Hughes Incorporated (NYSE:BHI): On Wednesday heightened volatility was witnessed in Baker Hughes Incorporated (NYSE: BHI ) which led...

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Kraft Heinz (NASDAQ:KHC) Broker Price Targets For The Coming Week

Heinz owned Weight Watchers for several years before selling the business to Artal, a private investment company, for $735 million in 1999. K...

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Charter's stock pops on report that Verizon's CEO has broached possible merger

The company has a market capitalization of $213.66 billion, a P/E ratio of 15.28 and a beta of 0.40. Last May, Charter vaulted ahead to be the...

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Trump Says Jobs Coming Back to US 'Big League'

Trump referred to himself as "an environmentalist" but said current regulations are "out of control". After the meeting Ford's chief execut...

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J&J Acquiring Actelion For $30 Billion; R&D Spin-Off

Actelion will spin off its drug-discovery operations into a separate company called R&D NewCo, and J&J will initially hold 16% of the shares of ...

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Ford posts Q4 net loss on accounting shift; operating profit slips

The revenue beat was driven by better-than-expected demand and improving operating results in North America and better profitability in Europe. ...

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Wall Street Stock: Freeport-McMoRan Inc.'s (FCX)

The Return on Equity (ROE) value stands at -168.4%. Jefferies analysts said the 2016 earnings per share were far lower than expected. The comp...

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British vehicle manufacturing output reached 17-year high in 2016

But SMMT head Mike Hawes repeated fears that investment would suffer without a suitable post-Brexit EU trade deal. United Kingdom vehicle manu...

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Ant Financial to acquire MoneyGram in US$880 million deal

The acquisition is a drop in the bucket for Ant Financial, which has a $60 billion valuation and raised $4.5 billion just a year ago. Analysts p...

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Missing Woman Case Linked to Unsolved Murders

Authorities found her dismembered body buried in the basement of their home that same year. Strelzin said he hopes that releasing what investi...

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Boeing sets cash flow record, lifts 2017 forecast for jet output

Jackson Grant Investment Advisers Inc. now owns 830 shares of the aircraft producer's stock worth $109,000 after buying an additional 461 shares...

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Dow Jones industrial average eclipses 20000 for the first time

It then pulled back, but a series of executive orders meant to expedite infrastructure projects, which the freshly inaugurated Donald Trump sign...

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Schlumberger NV (SLB) Earns Hold Rating from Analysts at SunTrust Banks Inc

During the same period a year ago, the business posted $0.65 EPS. Over the past five trading sessions shares of ConocoPhillips (NYSE:COP) are ...

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Yahoo postpones close of Verizon transaction to Q2 2017 citing work needed

In its earnings release, Yahoo cites the enormous work required to meet closing conditions . USA law requires companies that fall victim to...

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HSBC to close 62 more branches this year, blaming online banking

António Simões, head of HSBC's United Kingdom banking arm, said: "This marks the end of our branch restructuring programme". Antonio Simoes,...

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Trump's protectionist speech hits dollar and shares

Against the euro it rose above €1.160. "Whether Trump achieves prosperity for America remains to be seen". This, as well as the protectionist ...

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Donald Trump's Inauguration Brings in Over 30 Million Viewers

According to Nielsen , the swearing-in of Trump was seen by 30.6 million viewers across 12 networks. While that may not be cold, hard, verifia...

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Trump's Press Secretary's Totally Confusing Tweets About Daft Punk Resurface

In the short time he's been in office, Donald Trump's press secretary Sean Spicer has already shown he likes toget creative with the facts, go...

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Vancouver ranked third most unaffordable housing market worldwide

The 13th annual study bases its findings on the "median multiple", which is calculated by the median home prices in the area divided by the medi...

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