Money


Fed raises key rate, plans to trim $4.5 trillion balance sheet
- June 15, 2017

The move indicates the Fed's confidence in the stability of the economy, although it does not necessarily indicate that the Fed is attempting to slow economic growth . The Federal Reserve raised interest rates on Wednesday for the second time in three months, citing continued US economic growth and job market strength, and announced it would begin cutting its holdings of bonds and other securities this year. (more...)
DUP will support Conservatives on 'big issues' - Michael Fallon DUP will support Conservatives on 'big issues' - Michael Fallon
- June 12, 2017

The biggest loser was the UK Independence Party, which lost the one and only seat it held. British Prime Minister Theresa May reached an "outline agreement" on Saturday with the ultra-conservative Democratic Unionist Party in order to be able to govern after a humiliating election that has left her authority in tatters. (more...)
Trump says Comey cleared him. He didn't Trump says Comey cleared him. He didn't
- June 11, 2017

Here's an excerpt of an exchange between Comey and Trump ally Sen. Former New York City U.S. Attorney Preet Bharara, who was also fired by Trump, echoed Comey's statement, writing, 'We can all agree with Jim Comey that, Lordy, we hope there are tapes'. (more...)
UK's odd election about nothing
- June 08, 2017

Voting begins at 0600 GMT and ends at 2100 GMT. It is estimated that by the time the polls close about one in five of the electorate will have cast a postal vote. May called the election in April, saying she wanted to go into the Brexit negotiations with a position of strength. Corbyn has hit back that Conservative fiscal austerity imposed since 2010 has hurt the poor and widened social inequalities. (more...)
1st State of Origin: New South Wales beats Queensland 28-4 1st State of Origin: New South Wales beats Queensland 28-4
- June 05, 2017

Many pundits believe this is New South Wales' year. The Blues pack - led by man of the match Andrew Fifita - monstered Queensland . Morgan will back up for the Cowboys against the Titans in Townsville on Saturday after getting through 52 minutes of game time off the bench unscathed, but centre Justin O'Neill is set to miss after leaving the field with concussion. (more...)
Unemployment Rate Touches 16-Year Low Despite Slowing Jobs Growth Unemployment Rate Touches 16-Year Low Despite Slowing Jobs Growth
- June 04, 2017

At the same time this report is certainly consistent with an economy that continues to grow at the 2-2.5 percent rate we've experienced during this entire expansion. However analysts say the USA stands to gain more by participating in the development of renewable energy. But taken on its own, May's job growth wasn't bad: It represented the 80th straight month of gains, the longest such streak on record. (more...)
Pens explode in third period for 2-0 lead
- June 03, 2017

Despite being down 2-0 in their series with the Penguins , the Predators say they are confident in Pekka Rinne , as he's been their best player all year, and are happy to be back home and plan to feed off the crowd's energy. In the 2nd period, the Predators and Penguins had their share of chances. It's safe to say the Penguins would not have survived a second-round matchup with Washington had it not been for Fleury's heroics, especially in a Game 7 shutout. (more...)
Trump abandons Paris climate change agreement Trump abandons Paris climate change agreement
- June 03, 2017

He did so in the Pittsburgh Post-Gazette , where he said Trump's attempt to pander to "this dirty old town that relies upon big coal and big steel to survive" represents a Pittsburgh that no longer exists. " Climate change is one of the greatest threats to our coastal communities, nation and world, and we need coordinated action at all levels of government to meet the scale of its challenge", said New Orleans Mayor Mitch Landrieu, a conference vice president. (more...)
Ariana Grande to hold benefit concert for Manchester terror attack victims Ariana Grande to hold benefit concert for Manchester terror attack victims
- June 01, 2017

The source also said that Britain was prepared to increase non-combat troop deployment to the North Atlantic Treaty Organisation mission in Afghanistan. Ramadan Abedi, the suicide bomber's father, was arrested in Libya . A spokesman said the brother was aware of Abedi's attack plan and both belonged to the Islamic State group, which claimed responsibility for the attack. (more...)
Ford replaces its CEO Ford replaces its CEO
- May 31, 2017

Here are four of the comments the former head of Steelcase Inc . made at Ford's Dearborn headquarters Monday and the deeper meaning behind them. We have a right to it. "He is a very good operating executive", Ford said. "I've got all the opportunity to make the decisions we need and a great team to help me get there", Hackett said in an interview. (more...)
What's Happening To These Stocks? - Sandstorm Gold Ltd. (SAND), EnteroMedics Inc. (ETRM)
- April 30, 2017

If the share price is now hovering near the 52 week low and the value is achieved in the current past then it can suggest that the price of the shares is likely to go up. Sandstorm Gold's rating score has improved by 12.3% in the last 90 days as a result of various analysts' ratings changes. The volume of the particular stock is the shares bought and sold in a single trading day. (more...)
Rexahn Pharmaceuticals, Inc. (RNN) Under Analyst Spotlight
- April 30, 2017

The stock has a 50 day moving average of $0.47 and a 200-day moving average of $0.25. This is a near-term outlook for the coming 12-18 months. Generally speaking, earnings are expected to hold steady in coming quarters. For RNN, the company now has $11.58 Million of cash on the books. The ROA ratio is calculated by comparing net income to average total assets, and is expressed as a percentage. (more...)
Panel moots changes in 7th CPC allowances to some services Panel moots changes in 7th CPC allowances to some services
- April 30, 2017

Government employees protested the recommendations of the Seventh Pay Commission, following which the Narendra Modi government formed a committee under Finance Secretary Ashok Lavasa to review the suggestions. It also interacted with the representatives of the Defence Forces, DGs of Central Armed Police Forces (CAPFs) namely CRPF, CISF, BSF, ITBP, SSB, and Assam Rifles as also senior officers from IB and SPG to understand the viewpoint of their personnel. (more...)
Deutsche Bank to move about 4000 jobs out of UK Deutsche Bank to move about 4000 jobs out of UK
- April 30, 2017

German banking giant Deutsche Bank AG ( DB ) reported Thursday significantly higher profit in its first quarter, mainly reflecting lower expenses and provision for credit losses. Two Sigma Investments LP boosted its position in shares of Deutsche Bank AG by 97.5% in the fourth quarter. It beat an average of analysts' forecasts in a Reuters poll of 522 million euros. (more...)
InterCloud Systems, Inc.'s (ICLD)
- April 29, 2017

The company moved in the past week with shift of 8.80%. Over the last three months, the shares of the company have changed -5.44% and performed -12.26% over the last six months. The stock closing price is now trading upward to its 50 day moving average with change of 4.14%, escalated to its 20 day moving average with figure of 8.35% and behind its 200 day moving average with value -9.89%. (more...)
Bill O'Reilly breaks silence on podcast Bill O'Reilly breaks silence on podcast
- April 29, 2017

O'Reilly's exit from Fox News came after The New York Times published an extensive report exposing multiple sexual harassment cases against O'Reilly, resulting in him and the network paying out upwards of $13 million in settlements to women who were not permitted to speak about the cases. (more...)
Cenovus Energy Inc (CVE) Shares Sold by Canal Insurance CO Cenovus Energy Inc (CVE) Shares Sold by Canal Insurance CO
- April 28, 2017

The stock was purchased at an average price of C$11.20 per share, for a total transaction of C$56,000.00. Price Target plays a critical role when it comes to the analysis of a Stock. If we take a look at back 3 month ago, consensus EPS estimate was $-0.07. Thus the company showed an Earnings Surprise of 1066.7 Percent. Barclays Capital downgraded Cenovus Energy Inc (USA) (NYSE:CVE) on Monday, October 12 to "Underweight" rating. (more...)
Rupee gains 12 paise against United States dollar Rupee gains 12 paise against United States dollar
- April 28, 2017

Angel Broking believes the USD-INR spot is likely to trade in a range-bound manner on Friday as the forthcoming long weekend would stop traders from carrying forward any positions. economy. The RBI, meanwhile, fixed the reference rate for the dollar at 64.0013 and for the euro at 70.0430. Indian rupee has declined against U.S. (more...)
Hansa Trust PLC (HAN) to Issue GBX 8 Dividend Hansa Trust PLC (HAN) to Issue GBX 8 Dividend
- April 28, 2017

It now has negative earnings. The Company operates through two segments: Commercial, which covers all areas relating to the commercial sale of pharmaceutical products, the manufacture and distribution directly related to that activity, and Research and Development, which includes all activities related to the research and development of pharmaceutical products for a range of medical disorders. (more...)
United States dollar eases from highs on Trump tax plan disappointment United States dollar eases from highs on Trump tax plan disappointment
- April 28, 2017

SINGAPORE (Reuters) - The euro steadied on Tuesday, pausing after a rally sparked by the first-round results of the French presidential election, while the Canadian dollar fell after the US slapped duties on Canadian softwood lumber. Sterling surged nearly 2 per cent to hit four-month highs versus the euro after British Prime Minister Theresa May called a snap election last week. (more...)