Stories about Finance

Jun 26 2017

Japanese airbag maker Takata files for bankruptcy, finds United States buyer

Reeling from that crisis, Takata has agreed to sell most of its assets to Key Safety Systems for $1.59 billion. (AP Photo/Shizuo Kambayashi). Japanese air bag maker Tak...

Jun 26 2017

U.S. stocks open lower after Fed rate hike

One area of concern for is a narrowing risk premium between 2-year and 10-year notes, which fell to 80 bass points on Wednesday, marking the narrowest level between those...

Jun 26 2017

Falling aircraft sales prompt dip in May US durable goods orders

Orders for durable goods such as planes and computers fell in May for the second month in a row and registered the biggest drop in six months, suggesting that an early-ye...

Jun 26 2017

Whole Foods CEO calls Amazon buyout a "courtship"

In a town hall meeting at Whole Foods' Austin, Texas, headquarters on Friday, the day the deal was announced, Mr. Mackey and other executives applauded the "historical mo...

Jun 26 2017

Chevron Corporation (NYSE:CVX), Whole Foods Market, Inc. (NASDAQ:WFM)

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....

Jun 26 2017

First National Bank of Hutchinson Cuts Stake in Starbucks Corporation (SBUX)

The stock rose 0.92% or $0.55 reaching $60.06. About 256,491 shares traded. It has underperformed by 22.30% the S&P500. First National Bank of Hutchinson's holdings in S...

Jun 26 2017

Buffett's company buys 10 pct of real estate investment firm

Shapiro Capital Management LLC continued to hold its stake in shares of Berkshire Hathaway Inc. Store Capital announced on Monday that Berkshire invested $377 million...

Jun 26 2017

Pandora CEO Tim Westergren to step down

Recode aren't quoting anyone on the record, but those in the know claim Westergren has made the move, but will remain with the company until a replacement is found. And ...

Jun 26 2017

Glencore PLC (GLEN) Receives Outperform Rating from Macquarie

Aetna Inc (NYSE:AET) has risen 28.84% since June 22, 2016 and is uptrending. It has outperformed by 46.63% the S&P500. Among 29 analysts covering Diageo PLC ( LON:DGE )...

Jun 26 2017

Takata, brought down by airbag crisis, files for bankruptcy

Takata filed for bankruptcy protection Monday with liabilities estimated at well over ¥1 trillion, the largest bankruptcy by a Japanese manufacturer in the postwar period...

Jun 26 2017

Air bag recalls, lawsuits lead Takata to file for bankruptcy

Japanese air bag maker Takata Corp . As Bill reported last month, "As of late April, they say, all of the auto makers in today's settlement had completed less than a ...

Jun 26 2017

Trump meets wireless, drone executives on new technologies

Melania went on to discuss the details of one of her first major White House events since moving to the District-the annual congressional picnic-before the interview ...

Jun 26 2017

Oil prices fall on OPEC output increase, rising U.S. crude stocks

Prices dropped $1.73 to $44.73 on Wednesday, the lowest close since November 14. The U.S. Energy Information Administration (EIA) said gasoline inventories increased by...

Jun 26 2017

Driving And Marijuana: A Tale Of Two Studies

Not necessarily. The studies measured slightly different things: IIHS looked at claims for motor vehicle collisions, while the AJPH report focused more specifically on f...

Jun 26 2017

'Respect Anil Bhai's Views': Virat Kohli On Coach Row

But speaking to the media on Thursday, Kohli insisted he wouldn't betray the secrecy of the dressing room. Meanwhile, Kohli on Thursday deleted his tweet of 2016, w...

Jun 26 2017

Crane cool under pressure as England win t20 series

Series decider. and the England Skipper is resting". After winning the opening game with a crushing nine-wicket victory in Southampton , the Proteas levelled the ser...

Jun 26 2017

Air bag maker Takata bankruptcy filing expected in Japan, US

Key Safety Systems , a Chinese-owned supplier with US headquarters in Sterling Heights, Mich., said it had agreed to pay $1.6 billion to acquire Takata's key assets. "Tak...

Jun 26 2017

Southwest airlines makes emergency landing in Corpus Christi

The plane landed without incident and local officers met the jet at the gate "and removed the disruptive passenger", Southwest said in the statement. "I knew something ...

Jun 26 2017

As PM Narendra Modi, President Trump meet, all eyes on Washington

Modi is the second-most-followed global leader, with over 30 million Twitter followers, second to Trump , who has nearly 33 million followers. Prime Minister Narend...

Jun 26 2017

Cristiano Ronaldo leads Portugal to FIFA #ConfedCup semis as hosts crash out

Portugal still looked determined to make sure of their position as group winners by adding more goals and new AC Milan signing Andre Silva effectively clinched it in t...