Markets

Malaysia's Najib criticizes Singapore ties under Mahathir

Malaysia's Najib criticizes Singapore ties under Mahathir Both terminals will have customs and quarantine facilities, to ensure a smooth immigration process. The commitment is formalised and the agreement which we signed between the two governments today, is a binding agreement, and whoever is the government on either side, well this is an agreement which they inherit and which they are party to'. [Full Article...]

United States lawmakers urge AT&T to scrap Huawei smartphones and 5G collaboration plans

United States lawmakers urge AT&T to scrap Huawei smartphones and 5G collaboration plans Huawei has battled accusations that it poses a USA national security threat for several years, while Chinese company ZTE has also come under fire for its global practices. Allowing Huawei, ZTE, and other related entities access to USA government communications would be inviting Chinese surveillance into all aspects of our lives. [Full Article...]

Citigroup uses tax break windfall to rain profits on investors

Citigroup uses tax break windfall to rain profits on investors The bank took a bigger up-front hit from the changes because it had been sitting on a massive pile of deferred-tax assets - a form of IOU that cuts tax bills. That's the likely culprit of the $130 million wipeout in Citi's equities-trading revenue attributed to a single client. Excluding the effects of the tax revamp, the financial giant's net income was up four percent over the same quarter o... [Full Article...]

Remier Foods third-quarter sales up on non-branded products

Remier Foods third-quarter sales up on non-branded products Group sales rose 4% in the third quarter and 2.6% in the first three quarters of the year, with branded sales up 0.7% in the quarter and non-branded sales 17% higher, reflecting the robust performance of the United Kingdom food market and Premier's strategic partnerships. [Full Article...]

Personal Group Holdings plc (PGH) Insider Buys £1039.70 in Stock

Personal Group Holdings plc (PGH) Insider Buys £1039.70 in Stock The stock decreased 1.38% or GBX 2.3 during the last trading session, reaching GBX 164.7. Peel Hunt reissued a "buy" rating and issued a GBX 260 ($3.53) price objective on shares of GYM Group in a report on Thursday, January 11th. On Tuesday, March 15 the stock rating was maintained by Numis Securities with "Add". It has underperformed by 11.43% the S&P500. The firm has "Buy" rating by Shore Capit... [Full Article...]

Bank of America (NYSE:BAC) Rating Reiterated by BMO Capital Markets

ILLEGAL ACTIVITY NOTICE: "Bank of America Corp ( BAC ) Stake Lessened by Warren Averett Asset Management LLC" was originally reported by TrueBlueTribune and is the sole property of of TrueBlueTribune. The rating was maintained by BMO Capital Markets with "Hold" on Friday, April 28. As per Friday, September 1, the company rating was maintained by RBC Capital Markets. [Full Article...]

BP to Take $1.7 Billion Charge on Deepwater Horizon Claims Closure

BP to Take $1.7 Billion Charge on Deepwater Horizon Claims Closure Oil giant BP Plc is to take a $1.7 billion charge to close out legal claims over the 2010 Deepwater Horizon disaster in the Gulf of Mexico, Bloomberg News reports. The charge is fully manageable within BP's existing financial framework, the company said. Cash payments related to the disaster in 2018 are now expected to be around $3bn, compared to the company's previous estimate of just over $2... [Full Article...]

Tell us what you really want on Brexit, EU urges Britain

Tell us what you really want on Brexit, EU urges Britain Leading Brexit campaigner Nigel Farage surprisingly pushed the issue back onto the agenda last week when he said he was increasingly open to the idea of a second referendum. "Maybe, just maybe, we should have a second referendum", he tweeted . Mr Henkel said: "I will also remind President Juncker of the fact that European Union politicians have a share in the responsibility for Brexit, and that... [Full Article...]

Cold today, a little light snow possible early Wednesday

Cold today, a little light snow possible early Wednesday And temperatures behind the front could stay at or below freezing on Wednesday for parts of north and north-central Alabama, keeping whatever's on the ground in place into Thursday . Wednesday: Mostly sunny, windy and warmer. Cloudy with a chance of rain showers Saturday night . Partly cloudy Friday night , with lows in the upper 20s (-1 to -2 degrees Celsius). [Full Article...]

The Latest JetBlue Airways Corporation (JBLU) Insider Trading Activity

Disciplined Growth Investors Inc who had been investing in Jetblue Airways Corp Com for a number of months, seems to be bullish on the $7.34 billion market cap company. As per Wednesday, January 4, the company rating was downgraded by Cowen & Co. Acrospire Investment Management LLC now owns 6,500 shares of the company's stock worth $108,000 after buying an additional 1,200 shares during the peri... [Full Article...]

United Kingdom inflation fell back to three per cent last month

United Kingdom inflation fell back to three per cent last month Official wage figures out next week will show whether there has been any improvement in the gulf between inflation and wage growth. Inflation, based on the harmonized index of consumer prices, which is calculated for European purposes, slowed to 1.6% from 1.8% in November. [Full Article...]

Northern Ireland to be hit by snow, sleet and hail

Northern Ireland to be hit by snow, sleet and hail Met Office spokeswoman Nicola Maxey told the Press Association it was a "showery" outlook. It'll also be a little less cold although not feeling so allowing a thaw at lower levels where you have snow, with top temperatures 3 to 5C in the North and 6 to 8C in the South. [Full Article...]

What the government can learn from Carillion's collapse

The stricken firm, which employs 20,000 workers across Britain, said crunch talks over the weekend aimed at driving down debt and shoring up its balance sheet had failed to result in the "short-term financial support" it needed to continue trading while a deal was reached. [Full Article...]

Why to Keeping Eye on DDR Corp. (DDR), PPL Corporation (PPL)?

Uss Investment Management Ltd who had been investing in Ppl Corp for a number of months, seems to be less bullish one the $21.48B market cap company. The company's stock had a trading volume of 6,844,723 shares, compared to its average volume of 6,890,000. [Full Article...]

AI will be hived into four parts before sale

AI will be hived into four parts before sale In addition, New Delhi will pass Air India's "unsustainable debt" of over Rs5 trillion ($7.6 billion) "through two filters". Last week, Singapore Airlines said it is keeping its options open as far as investing in debt-ridden Air India is concerned, after the union government allowed foreign carriers to own up to 49 per cent of the national carrier. [Full Article...]

DACA ruling gives hope, but no resolution to Dreamers

DACA ruling gives hope, but no resolution to Dreamers California Attorney General Xavier Becerra hopes lawmakers will finally end the uncertainty around DACA. Tom Jawetz, Vice President of Immigration Policy at the Center for American Progress Action Fund, told Fox News that the objective of the "political strategy memo" was "to advise Democratic elected officials that through their actions they need to show the base that they stand for the ... [Full Article...]

Lexington Realty Trust (LXP) Receives Average Recommendation of "Hold" from Analysts

The firm offers therapeutic agents to treat cardiovascular, type 2 diabetes, asthma, nasal allergy symptoms, allergic rhinitis, chronic hepatitis C virus, HIV-1 infection, fungal and intra-abdominal infections, hypertension, arthritis and pain, inflammatory, osteoporosis, and fertility diseases. [Full Article...]

Range Resources (RRC) Earns "Buy" Rating from Barclays

Based on an average daily volume of 5,250,484 shares, the days-to-cover ratio is now 6.2 days. Range Resources has a 52 week low of $15.33 and a 52 week high of $36.40. Winslow Evans & Crocker owns 1,260 shares for 0.01% of their portfolio. State Street reported 0.03% stake. Cypress Cap Gru owns 48,926 shares. Raffles Assoc LP holds 25,000 shares. [Full Article...]

1.19 is JC Penney Co Inc's (NYSE:JCP) Institutional Investor Sentiment

The business's revenue was down 1.8% compared to the same quarter last year. sell-side analysts forecast that J C Penney will post 0.1 earnings per share for the current fiscal year. Piermont Capital holds 30,140 shares or 0.77% of its portfolio. The Value Composite Two of J. C. Penney Company, Inc. Analysts await J. C. Penney Company, Inc. [Full Article...]

Spokesman says lawmakers forge immigration deal

Spokesman says lawmakers forge immigration deal Failure to reach an agreement on spending could result in a government shutdown. The Republicans will have to cave on DACA and the Democrats will have to cave on the border wall. The 24-year-old paramedic who helped give assistance during Hurricane Harvey, the most powerful storm to hit the mainland in over a decade, recalled the "heartbreak" he endured after learning about Trump's decision ... [Full Article...]


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