Stories about Finance

May 16 2017

Sinclair Broadcast Group buys Fox 13's owner, Tribune Media, for $3.9 billion

Wells Fargo analyst Marci Ryvicker said the deal's biggest cost savings will come from retransmission fees, which are the payments station groups like Sinclair make to br...

May 16 2017

Beaufort Securities Reiterates Buy Rating for Morses Club PLC (MCL)

Panmure Gordon reaffirmed a "buy" rating and issued a GBX 326 ($4.21) price target on shares of Blancco Technology Group PLC in a research note on Tuesday, March 14th. It...

May 16 2017

Between The Numbers: McDonald's Corporation (MCD), Norwegian Cruise Line Holdings Ltd. (NCLH)

Wedbush restated a "neutral" rating and issued a $52.00 price target (up from $42.00) on shares of Norwegian Cruise Line Holdings in a research note on Thursday, February...

May 16 2017

Mattis to Attend Meetings With Erdogan at White House on Tuesday - Pentagon

US Secretary of Defense James Mattis will participate in meetings with Turkish President Tayyip Erdogan at the White House on Tuesday, US Department of Defense spokespers...

May 16 2017

Merkel says she won't tell France what to do

Philippe is close to former Prime Minister Alain Juppe. " We each represent the interests of our own countries, but the interests of Germany are naturally closely tied ...

May 16 2017

China to hold next Belt and Road forum in 2019

Chinese President Xi Jinping on Monday urged major multilateral institutions to join his new Belt and Road Initiative, stressing the importance of rejecting protectionism...

May 16 2017

UK Conservatives have 15 point lead over Labour: Opinium poll

The UK has been participating in airstrikes against ISIS targets in Syria since 2015. The Labour leader said he would honor Britain's North Atlantic Treaty Organisati...

May 16 2017

UK inflation climbs to higher than expected 2.7%

Retail inflation based on consumer price index (CPI) dropped to 2.99% in April over previous year, mainly due to lower cost of food items, including pulses and vegetables...

May 16 2017

Exports up 20% in Apr; trade deficit widens to over $13 bn

India's exports stood at $274.65 billion in the fiscal year ended March 31. Gold imports at $3.85 billion more than doubled from $1.23 billion in April last year but lo...

May 16 2017

Macquarie Indicates Potential 26% Increase In Shares Of BHP Billiton PLC

Elliott, which owns 4.1% of BHP's UK-listed business, remains unconvinced and called on BHP's CEO Andrew Mackenzie to launch an independent review of the business. ...

May 16 2017

Oil producers have consensus to extend cuts, 2 OPEC members say

However, after Brent fell below $50 a barrel last week, analysts said producers felt forced to act. The development came after Iraq and Algeria joined Saudi Arabia in...

May 16 2017

Cyber experts wary but hopeful that ransomeware attacks subsiding

The attack, known as "WannaCry" had a major impact across Asia as workers there returned to work on Monday, with Chinese state media saying nearly 30,000 institutions the...

May 16 2017

French President Macron names new PM

Edouard Philippe, 46, a lawmaker and mayor of the port city of Le Havre , is from the moderate wing of the main centre-right party, The Republicans, and will provide a c...

May 16 2017

Russia, Saudi Arabia keen to keeping oil cutbacks

On May 15, 2017, Saudi Arabia's and Russia's energy ministers said that the country would extend the major producers' production cut deal for nine more months. "The probl...

May 16 2017

OPEC runs out of options as bid to boost oil price fizzles

The price for Brent crude oil broke through a psychological threshold by losing 1.6 percent from the previous close to trade at $49.96 per barrel about a half hour before...

May 16 2017

Cyberattack is 'wake-up call' for governments

That may be because schools tend to have old computers and be slow about updates of operating systems and security, said Fang Xingdong, founder of ChinaLabs, an internet...

May 16 2017

Deutsche Bank Indicates Potential 27.46% Increase In Shares Of JC Penney Company

The RSI oscillates between zero and 100. Relative strength index (RSI-14) for General Electric Company (GE ) is at 28.62. Piper Jaffray Companies set a $7.00 price tar...

May 16 2017

Judge Orders Uber To Return Confidential Files To Waymo

The decision was only a partial victory for Waymo, however. He said the Google unit had overreached with claims that don't amount to trade secrets, and in most instances ...

May 16 2017

Ballad beats glitz as Portugal's Sobral wins Eurovision

Twenty-five competitors carried on that tradition this year - performing on a wide stage backed by flashing lights, bursts of flames and other effects. This year's contes...

May 16 2017

Shares in Amazon.com, Inc. (AMZN) Acquired by Shepherd Financial Partners LLC

Taking a broader look brokerage firms' analysts on the street with an expectant view have Amazon.Com Inc ( NASDAQ : AMZN ) high price target of $1250 and with a conservat...