Markets

ValueAct trims stake in Morgan Stanley in first quarter

ValueAct trims stake in Morgan Stanley in first quarter While considering growth estimates of the company, it has next quarter growth estimates of 3.7% whereas during current quarter it has 13.3% estimations over growth, comparing to the estimations of 18.8% during current year and 14.1% for next year. [Full Article...]

Ford to cut 1400 white-collar jobs in North America, Asia

Ford to cut 1400 white-collar jobs in North America, Asia The automaker will offer financial incentives to encourage salaried employees to depart voluntarily, including generous early retirement offers, a person briefed on the plan said. "While the stock market may not appreciate the move, we are impressed with the decisive action to address excess capacity", Jonas said. Ford's stock price has fallen almost 40 percent over the last three years as inves... [Full Article...]

This Restaurant Just Beat In-N-Out for America's Favorite Burger Chain

This Restaurant Just Beat In-N-Out for America's Favorite Burger Chain Shake Shack came in at No. 3 , and Wendy's and Culver's rounded out the top five. "This is certainly the case with Five Guys, who has shed its "small regional player" designation as it expands its footprint and marketing budget along with its fandom, which is a tremendous contributor to brand equity". [Full Article...]

Kremlin tight-lipped over Trump information-sharing

The Washington Post reported on Monday that Trump leaked "highly classified information" regarding the Islamic State in Syria to Russian Foreign Minister Sergei Lavrov as well as Russian Ambassador to the US Sergei Kislyak during a White House meeting last week . [Full Article...]

China`s homemade C919 passenger jet makes successful flight

With the flight, the official Xinhua News Agency said China had become "one of the world's top makers of jumbo aircraft", becoming the 4th Large Jet producer after the U.S., Europe and Russian Federation. The plane still relies on a wide array of imported technology though, it is for instance powered by engines from French-US supplier CFM International. [Full Article...]

Oil rises on falling United States stockpiles, Saudi cuts to Asia

Oil rises on falling United States stockpiles, Saudi cuts to Asia The Energy Information Administration reported that US commercial crude inventories fell by 5.2 million barrels to a total of 522.5 in the week through May 5. Oil prices extended their gains after a report showed USA crude stockpiles fell by the biggest margin since December and were down for the fifth straight week. [Full Article...]

Wal-Mart Stores, Inc. (NYSE:WMT) relaxing from a long rally

Wal-Mart Stores, Inc. (NYSE:WMT) relaxing from a long rally However, unfavorable currency and deflationary pressure might hurt its comps, going forward. WMT has been the subject of several research analyst reports. The legal version of this report can be viewed at [[permalink]]. Investors of record on Friday, December 8th will be paid a $0.51 dividend. The stock has "Buy" rating by Argus Research on Wednesday, December 16. [Full Article...]

Ford to Cut 1400 Salaried Jobs in North America, Asia

Ford to Cut 1400 Salaried Jobs in North America, Asia In an effort to trim operating costs, Ford is poised to start a workforce cutback around the world as part of a targeted US$3 billion (A$4.04 billion) cost reduction. As Ford has hired more people in the past three years, largely in new technology projects General Motors has reduced its USA workforce in response to lowered demand for cars, and has withdrawn from underperforming markets. [Full Article...]

General Motors Company (GM) Given Consensus Rating of "Buy" by Brokerages

General Motors Company (GM) Given Consensus Rating of Vanguard Group Inc. raised its position in shares of General Motors Company by 3.2% in the first quarter. It has been suggested as "Buy Opinions" from 2 and 1 issued "Sell Thoughts" for the stock. This represents a $0.60 dividend on an annualized basis and a yield of 5.58%. COPYRIGHT VIOLATION NOTICE: This story was first posted by Community Financial News and is the property of of Community F... [Full Article...]

Jack in the Box shares jump as earnings beat Street view

Jack in the Box shares jump as earnings beat Street view Jack in the Box restaurants specialize in hamburger sales but have a broad selection of innovative, distinctive products on the menu that target the adult consumer of fast foods. The company had revenue of $369.40 million during the quarter, compared to analysts' expectations of $369.36 million. Robert W. Baird reaffirmed an "outperform" rating on shares of Jack in the Box in a research note on ... [Full Article...]

Corning Incorporated (GLW) Expected to Announce Earnings of $0.40 Per Share

Corning Incorporated (GLW) Expected to Announce Earnings of $0.40 Per Share Drexel Hamilton reiterated a "sell" rating and set a $14.50 price target on shares of Corning in a research report on Tuesday, January 24th. Deutsche Bank AG lifted their price target on Corning from $26.00 to $28.00 and gave the company a "buy" rating in a research report on Wednesday, January 18th. [Full Article...]

Palestinians mark uprooting anniversary with sirens, marches

This year marked the 69th anniversary of the "nakba" or catastrophe, during which around 700,000 Palestinians were expelled from their land, or fled out of fear. "Naval forces in the area called upon the vessel to halt and fired warning shots into the air". "Daily attacks are increasing", she said. But Israeli restrictions on Gaza have all but crippled the fishing industry, and 95 percent of f... [Full Article...]

Ryan backs Trump as USA president mired in controversy

Democratic lawmakers have demanded that the Justice Department name a special prosecutor to investigate potential ties between Trump's campaign and Russian Federation. "The president has the utmost respect for our law enforcement agencies, and all investigations", the White House statement added. The president is facing an inquiry into whether he obstructed justice, so the issue becomes whether ot... [Full Article...]

Countdown Begins! Abby Lee Miller's Top-Secret Prison Plan Revealed

Countdown Begins! Abby Lee Miller's Top-Secret Prison Plan Revealed As a result, she has been doing personal appearances and interviews in order to make some money before she disappears for her one-year-and-a-day sentence. Plus, Cheryl also revealed that while she won't be as harsh on the girls as Abby was, there is still plenty of drama to be had between her and the moms on the show! "You live in this bubble and these girls are not yet ready for the real world ... [Full Article...]

Rep. Justin Amash First GOP Lawmaker to Raise Impeachment for Trump

But he has set a hearing for May 24. "I hope you can let this go", Trump said about the investigation into Flynn, according to a memo written by Comey and reported in the Times . Green said from the House Floor that he is calling for "the impeachment of the President of the United States for obstruction of justice". The Democrats from both congressional committees asked the Federal Bureau... [Full Article...]

Greece general strike to disrupt services across country

Some protesters in the crowd of some 12,000 people threw rocks and firecrackers at police. Greek seamen and journalists walked off the job Tuesday, a day before a nationwide general strike to protest new austerity measures the government is legislating for in return for more bailout funds. [Full Article...]

Hurt, 2 Arrested in Violence Outside Turkish Embassy in DC

Hurt, 2 Arrested in Violence Outside Turkish Embassy in DC It was evident that there will be a change in stance as President Trump during joint press conference equated PKK with ISIS and assured President Erdogan of United States support of fighting against terrorism. Trump shared the threat in a meeting with Russia's foreign minister and ambassador in the Oval Office last week, according to the official, who wasn't authorized to speak publicly on the mat... [Full Article...]

Britain's Labour Party unveils 'radical' election manifesto

The party would scrap university tuition fees and reintroduce maintenance grants for students. "It will change our country", he will say in his speech at the presentation of the manifesto in Bradford in northwest England, according to extracts released by the party's press office. [Full Article...]

Embattled White House lurches from crisis to crisis

Criticism of the president intensified after it emerged on Monday that he had discussed sensitive national security information about Islamic State with Russian Foreign Minister Sergei Lavrov and Russia's ambassador in Washington at a White House meeting last week.Some legal analysts have said Trump's possible pressure on Comey to end the Flynn probe and his decision to fire the FBI chief in t... [Full Article...]

AMA urges Senate to sustain insurance coverage

The state "high-risk pools likely covered just a fraction of the number of people with pre-existing conditions who lacked insurance" and who would have to be covered if they lost their Affordable Care Act coverage as a result of a Republican repeal. [Full Article...]


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