Stories about Finance

Jul 20 2017

Mob burns two banks over police killing

It was gathered that the tragic incident occurred when the truck driver wanted to park close to the bank premises but was prevented from doing so by one of the policemen ...

Jul 20 2017

Mobile Raises Subscriber Forecast as Price War Rages On

For the quarter T-Mobile reported revenue of $10.2 billion, topping Wall Street expectations of $9.8 billion, according to FactSet. It also ratcheted up its adjusted EBIT...

Jul 20 2017

Livin' in a plastic world

And scientists have warned that plastic bottles and other packaging are overrunning some of the UK's most attractive beaches and remote coastline, endangering wildlife fr...

Jul 20 2017

Crude Oil Holds USD46 Despite API Inventories

This is after calling for $60 by Q4 previously. The above graph shows an inverse relationship between the spread and oil prices . Let's start with the EIA report for t...

Jul 20 2017

Centre gets Cabinet's nod for HPCL stake sale

Ltd. merges with gas utility GAIL, may be in the offing. ONGC had sent a proposal to acquire HPCL, Oil Minister Dharmendra Pradhan said in the Parliament on Wednesday. ...

Jul 19 2017

UK Rail Union Confirms Strike of Southern Rail's Guards in August

Members of the Rail, Maritime and Transport union (RMT) will walk out for 24 hours on August 1, coinciding with the first of three strikes by drivers. He said after 16 mo...

Jul 19 2017

Chipotle shares tumble after customers get sick at Virginia restaurant

Several institutional investors have recently added to or reduced their stakes in the stock. Chipotle Mexican Grill (NYSE: CMG ) now has a trailing P/E of 115.99 whil...

Jul 19 2017

Barclays Boosts Rating On Vertex Pharmaceuticals Incorpor (VRTX) To "Buy"

Insiders sold a total of 404,097 shares of company stock worth $50,604,479 over the last quarter. Geode Capital Management LLC now owns 2,339,821 shares of the pharmaceut...

Jul 19 2017

Prominent Runners: JC Penney Company Inc (NYSE:JCP)

A number of other hedge funds also recently modified their holdings of the stock. The company's 5 year Earnings per share growth and Capital Spending growth remains at 0 ...

Jul 19 2017

U.S. detects "atypical" case of mad cow disease in Alabama

USDA Animal and Plant Health Inspection Service testing determined that the cow was positive for atypical (L-type) BSE. Only one case of classical BSE has been detected i...

Jul 19 2017

RLJ Lodging Trust (NYSE:RLJ) Getting Somewhat Positive Media Coverage, Study Finds

BidaskClub upgraded shares of Chesapeake Lodging Trust from a "hold" rating to a "buy" rating in a research report on Friday, June 16th. Three analysts have rated the sto...

Jul 19 2017

IBM revenue is down for the 21st quarter in a row

Total revenue dipped 4.7 percent to $19.29 billion, marking the steepest fall in five quarters. The company reported what was its 21st consecutive quarter of declining ...

Jul 19 2017

Morgan Stanley's profit surges on investment banking

Morgan Stanley (NYSE:MS) reported second quarter earnings and revenue that topped analysts expectations on Wednesday. Net revenues in the wealth management business ...

Jul 19 2017

Senate Dems Call for Review of Kushner's Security Clearance

The New York Times in April reported Kushner had neglected to disclose dozens of contacts he'd had with foreign officials - including meetings with Russia's ambassa...

Jul 19 2017

Xiaomi Mi Max 2 Hands-On: Feature-Packed Phablet Which is Priced Affordably

There's also extra 5 percent cashback for SBI debit and credit card holders of up to Rs. 500 per card on transaction worth more than Rs 8,000.Lastly, there's a game calle...

Jul 19 2017

White House Confirms: Trump met Putin in Second Undisclosed Meeting at G20

The discussion came after their scheduled, two-hour-long bilateral meeting earlier that day. Such informal side encounters between leaders are common at summits, but th...

Jul 19 2017

West Brom sign Egypt defender Hegazi on loan

West Brom have made two additions to the squad this summer - Jay Rodriguez has arrived from Southampton and Zhang Yuning from Vitesse but the youngster has gone straight...

Jul 19 2017

Donald Trump and Vladimir Putin had undisclosed second meeting at G20

A separate statement distributed by the White House press office said the conversation between Trump and Putin was brief, came toward the end of the dinner and was ...

Jul 19 2017

Rip-off fees for using credit cards to be banned

The total value of surcharges for debit and credit cards was an estimated £473 million, according to Treasury figures. James Daley, director at campaigning group, Faire...

Jul 19 2017

Ocean Rig UDW (NASDAQ:ORIG) Earns Daily Media Sentiment Rating of 0.29

The stock inclined 15.67% last month and is down -87.57 this year. Short traders are feeling a little more bearish on shares of the company lately as evidenced by the ris...