Stories about Finance

Jul 11 2017

EI du Pont de Nemours and Company

The firm has "Neutral" rating by SunTrust given on Wednesday, November 25. Azimuth Capital Mgmt Ltd Limited Liability Company holds 0.22% or 35,288 shares. The basic mate...

Jul 11 2017

LLC Cuts Position in Pepsico, Inc. (NYSE:PEP)

The institutional investor held 258,177 shares of the capital goods company at the end of 2016Q4, valued at $10.86 million, up from 244,139 at the end of the previous rep...

Jul 11 2017

Utahn Randal Quarles nominated by Trump as Fed's top bank regulator

If confirmed, Quarles would be the first Fed official installed by an administration looking to ease financial regulations. Others have leaders appointed by Trump's Democ...

Jul 11 2017

Seattle approves income tax on the rich

The tax is expected to raise $140 million per year by imposing a tax of 2.25% on those earning over $250,000 per year, or $500,000 for married couples who file a joint in...

Jul 11 2017

Government review reportedly set to overhaul classification system for gig economy workers

Mrs May is marking her first anniversary as Tory leader by launching a Government review of modern working practices by a former aide to Tony Blair, Matthew Taylor. The i...

Jul 11 2017

Walt Disney Company (The) (NYSE:DIS) Receives An Update From Brokers

Herzfeld Advisors Inc. bought a new stake in shares of Walt Disney Company (The ) during the fourth quarter worth about $110,000. Genovese Burford & Brothers Wealth & Re...

Jul 11 2017

Pearson to raise £776m by selling 22pc stake in Penguin Random House

Pearson said separately it would distribute GBP300 million ($382.5 million) from the sale to shareholders through a share buyback program. Pearson will still hold a 25p...

Jul 11 2017

Abercrombie shares drop after calling off talks to sell

The company will be working to boost the Abercrombie brand and drive sales. Deutsche Bank AG's price target suggests a potential downside of 25.99% from the stock's previ...

Jul 11 2017

M&S United Kingdom same-store sales decline

Chief executive Steve Rowe said trading in the first quarter was "in line with expectations" and the company is "on track with delivery of the plan announced last year". ...

Jul 11 2017

US Fed sees signs business investment to boost economy

In Europe, futures for the Eurostoxx 50 and the DAX were both up 0.3 percent, while the FTSE was 0.2 percent higher. The dollar rose nearly 0.4% to ¥114,29, a two-month p...

Jul 11 2017

Trump pledges to act 'very strongly' on North Korea missile threat

After immediately raising the specter of a frontal clash with Beijing over Taiwan, trade and the South China Sea upon entering the White House, Trump made a 180-degree tu...

Jul 11 2017

Rep. Yoho: Trump Jr. Meeting Wasn't Inappropriate

He said he wasn't told her name beforehand. The latest revelation means that Trump Jr. was aware that the Russian government was trying - to some extent, anyway -...

Jul 11 2017

What Analysts Suggest About JC Penney Company Inc (JCP)?

Institutional investors own 77.89% of the company's stock. Elkfork Partners LLC acquired a new position in shares of J.C. Penney Company, Inc. Holding Company by 11,522.1...

Jul 11 2017

Tech stocks gain in mixed finish for major United States stock indexes

US equities closed mostly higher on Monday as Wall Street got ready for the start of the latest earnings season. In an important victory for the banking industry, Feder...

Jul 11 2017

Lookout for Price Target? Chico's FAS, Inc. (CHS), Wells Fargo & Company

Roosevelt Investment Group Inc decreased Wells Fargo & Co New ( WFC ) stake by 55.69% reported in 2016Q4 SEC filing. Finally, Advantage Investment Management LLC raised...

Jul 11 2017

World stock markets cheered by healthy economy; dollar firm

For now, unease about an end to an era of ultra-cheap money gave way to optimism about the global growth outlook, with Friday's stronger-than-expected U.S. United States ...

Jul 11 2017

Fire at Mukesh Ambani's house Antilia

There were no reports of any injuries. DNA quoted Prabhat Rahangdale, chief fire officer of BMC saying the fire's intensity was low and it was doused without any ha...

Jul 11 2017

Buses, Ferries to Help LIRR 'Summer of Hell' Delays

If elected, Guadagno said she plans to create a new funding formula for transpiration and eliminate a four-member panel that now oversees transportation. "We know that ...

Jul 11 2017

Has George RR Martin Secretly Already Finished the Books?

Martin has reportedly signed on to adapt the acclaimed fantasy novel Who Fears Death for TV. Here's Okorafor's Facebook announcement. Nnedi Okorafor is on board for...

Jul 11 2017

Berkshire's Warren Buffett Donates $3.17 Billion In Shares

The hedge fund believes its acquisition offer would result in a higher payout to debtholders. On the other is Mr. Buffett, whose Berkshire Hathaway Energy emerged as ...