Archive | Markets

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Meth-using Australian mother allegedly drowned children in Murray River

One boy missing, another hospitalised, and a woman arrested overnight. At 10pm, their mother, who can not be identified for legal reasons, pre...

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United States stocks lower as investors await Fed chair's speech

The drop follows comments from Federal Reserve Governor Lael Brainard, who stated that an interest rate increase would likely be sooner rather t...

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Peugeot's Purchase of GM's Opel Business Expected to be Announced Monday

The announcement could still be delayed by last-minute snags but is likely to be made in France, says the person, who didn't want to be identifi...

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For the first time, bitcoin is more valuable than gold

In early January bitcoin rallied to a one-year high of US$1,129.9 but subsequently crashed 30 per cent to US$776.0 within one week. An appro...

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YouTube will offer its own pay-TV service

Once subscribed, you can cancel YouTube TV any time. Susan Wojicki, the CEO of YouTube, declared that this was the evolution of television ...

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Theresa May Warns Independence Would "Wrench Scotland Out Of Its Biggest Market"

She used her speech to call out the SNP's "obsession with independence" before accusing them of "stoking-up endless constitutional grievance and...

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Costco Wholesale Corp. (COST) Is Falling After Q2 Profit Disappoints

United States of America based company, Costco Wholesale Corporation (COST)'s latest closing price was 12.97% from the average-price of 200 da...

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Oil prices slip as rising U.S. supplies offset OPEC cuts

The price of Brent crude, an worldwide indicator, fell more than 2 percent this week, recovering slightly Friday to a level of $55.61 per barr...

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Scorching Stock in Action: Tesla Motors, Inc. (NASDAQ:TSLA)

Many analysts are providing their Estimated Earnings analysis for Tesla Motors, Inc. and for the current quarter 15 analysts have projected th...

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Kiwi dollar plunges as United States rate speculation grows

This week has an unusually high concentration of Fed speeches, with four out of five Fed governors - including Chair Janet Yellen - speaking ahe...

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AB InBev's shares dip as lower sales in Brazil hit core earnings

Just yesterday Anheuser-Busch InBev (NYSE:BUD) traded -3.77% lower at $105.99. Anheuser-Busch Inbev SA (NASDAQ:BUD) has fallen 15.3% over the pa...

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US Consumers Spend Less Than Forecast as Inflation Bites

The higher cost of goods such as gasoline pushed USA inflation in January to the highest level since 2012, offsetting rising household incomes...

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Draghi Under Pressure As Eurozone Inflation Hits 4-Year High

The main reasoning behind the stimulus has been to get inflation back to target by lowering borrowing rates and promoting economic growth. Ac...

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Bradenton, Sarasota stores not on list of hhgregg closures

Current inventory in the affected stores will be sold over the coming weeks. All impacted stores should close by mid-April, a company spokespers...

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Snapchat value tops $24B after IPO pricing

Nevertheless, people are excited, though Snap's $17 a share pales in comparison to Facebook's IPO, where shares were priced at $38 a pop . ...

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Caterpillar slides after law enforcement authorities with a warrant search its facilities

She wouldn't comment further". A spokesperson for the United State's Attorney's Office in Peoria confirmed that facilities being searched were...

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Lucha Capital Management LP Takes Position in salesforce.com, inc. (CRM)

Other equities analysts also recently issued reports about the stock. Salesforce.com Inc. forecast first-quarter revenue that fell short of an...

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Financial associations appeal federal court ruling to uphold DOL fiduciary rule

But critics in the business world say the rule is overly broad and will have disastrous consequences, cutting off investment advice to people wi...

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NextEra Energy, Inc. (NEE), Monsanto Company (MON) Stock Eyes Ahead of Earnings

Glg LLC cut its stake in CenterPoint Energy, Inc. Finally, Dimensional Fund Advisors LP boosted its position in shares of NextEra Energy by 2.1%...

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Dow's Latest 1K-Point Advance New Record, Trump Policy Priorities Fuel Rally

At the closing bell, the broad-based S&P 500 was up 1.4 per cent to 2,395.59, while the tech-rich Nasdaq composite Index jumped 1.3 per cent to ...

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Why Valeant Pharmaceuticals Is Tumbling Today

To analyze a stock, one should look for Upgrades and Downgrades of a stock. Once Canada's largest firm by market capitalization, Valeant's r...

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The Yemen raid is looking more and more like a complete disaster

Trump said earlier in the interview that Defense Secretary James Mattis told him it was very successful. " They got tremendous amounts of inf...

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API Reports 2.50 Million Barrel Inventory Build, WTI Oil Price Little Changed

Opec producers have implemented almost 92 per cent of the agreed cuts and total Opec plus non-Opec compliance stood at 86 per cent as per latest...

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Warren Buffett's annual letter to Berkshire Hathaway shareholders: Key takeaways

Apple now has a market value of 717 billion dollars. Miles is referring to the fact that the company more than doubled its Apple holdings in...

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New EPA Chief Outlines How He's Going To Neuter His Own Agency

Scott Pruitt has promised to revisit pollution standards for cars, a reversal of existing policy aimed at protecting all Americans from toxic t...

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