Stories about Finance

Jul 22 2017

Court Blocks $18 Billion Lawsuit against MasterCard

The competition appeal tribunal (CAT), a newly empowered court that oversees Britain's fledgling class action regime, ruled that it would not grant the necessary collecti...

Jul 22 2017

Wyoming quarterback Josh Allen named to Walter Camp Award watch list

A total of six LSU players have been named to 12 watch lists this summer, including quarterback Danny Etling, center Will Clapp and cornerbacks Donte Jackson and Kevin To...

Jul 22 2017

Encana Corporation (ECA) PT Set at $14.00 by Jefferies Group LLC

Causeway Capital Management LLC now owns 48,768,776 shares of the oil and gas company's stock valued at $571,082,000 after buying an additional 23,779,815 shares in the l...

Jul 22 2017

Security Asset Management Holds Position in Emerson Electric Company (NYSE:EMR)

Joyce David Leon also sold $4.72 million worth of General Electric Company (NYSE:GE) shares. Therefore 25% are positive. United States Steel Corporation had 71 analyst ...

Jul 22 2017

Equiniti Group PLC (EQN) Given Add Rating at Peel Hunt

It has outperformed by 84.50% the S&P500. Four equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. About 4...

Jul 22 2017

Weatherly Asset Management LP Lowers Stake in Wells Fargo & Company

About 143,416 shares traded. Microsoft Corporation (NASDAQ:MSFT) has risen 34.52% since July 21, 2016 and is uptrending. It has underperformed by 19.35% the S&P500. on Tu...

Jul 22 2017

Q Train Derails in Brighton Beach, MTA Says

Some southbound Q trains are running on the N line from Atlantic Av-Barclays Ctr to Coney Island-Stillwell Av. Riders in The Bronx and Manhattan were advised to take th...

Jul 22 2017

Driver likely killed by defective Takata airbag in Sydney crash, police say

Investigations revealed the man's death was likely due to a fault in the airbag, causing the man to be struck in the neck with a piece of shrapnel. Further enquiries re...

Jul 22 2017

China to import rice from the USA for the first time ever

The move would give USA farmers access to the world's biggest rice consumer, with China importing about 5 million tonnes a year ago, Perdue said in a statement. And getti...

Jul 22 2017

Discovery Communications, Inc. (NASDAQ:DISCA) Stake Increased by Douglas Lane & Associates LLC

IDA's SI was 1.03M shares in July as released by FINRA. (NASDAQ:DISCA). Hotchkis & Wiley Capital Mngmt Llc holds 0.57% in Discovery Communications Inc. Therefore 13% ar...

Jul 21 2017

Rite Aid Corp (RAD) Check on Ratings

Rite Aid Corporation ( RAD ) stock moved with shift of 13.90% in the past week. Stanley has 0.08% invested in Rite Aid Corporation (NYSE: RAD ). The target implies a 1...

Jul 21 2017

Government borrowing up to £6.9bn in June

The shortfall for June was much bigger than a median forecast of 4.8 billion pounds in a Reuters poll of economists. Although the UK Treasury will resist pressure, ther...

Jul 21 2017

Turkish president accuses Germany of scaring off investors

Relations between the two North Atlantic Treaty Organisation allies have been deteriorating for more than a year, particularly since last July's coup attempt in Turkey ....

Jul 21 2017

GSK to sell Horlicks brand in the UK

This includes proposing to close the associated manufacturing site in Slough. Among the proposals announced are plans to invest more than £140m at its sites in Ware (He...

Jul 21 2017

Feds Looking Into Allegations Amazon Misleads Customers

These results prompted a letter to the FTC on July 6, urging them to investigate Amazon's discount policy. The FTC's " Guide Against Deceptive Pricing " warns against...

Jul 21 2017

Pioneer Natural Resources Company (PXD) Shares Bought by Verde Servicos Internacionais SA

It has underperformed by 8.24% the S&P500. Barclays Capital maintained the shares of GGP in report on Thursday, August 18 with "Equal-Weight" rating. Finally, American Ce...

Jul 21 2017

Bank of America chooses Dublin as its European Union hub post-Brexit

The bank already has a fully licenced and operational Irish-domiciled bank. Although Cryan said Deutsche Bank will not need to set up a new subsidiary on the continent,...

Jul 21 2017

Mueller Tests Trump: Probe Reportedly Expands to Eye Business Transactions, Despite Warning

Here's how Sessions described it in a Senate hearing last month. Rosenstein previously criticized Comey in a memo blasting his behavior as the head of the Federal Burea...

Jul 21 2017

GE incoming CEO Flannery to update 2018 outlook in November (GE)

For the period ending in late June, General Electric turned revenue of $29.6 billion into 13 cents per share. The company earned 51 cents per share in the second quarte...

Jul 21 2017

Exxon Mobil Corporation (XOM) Position Held by Aull & Monroe Investment Management Corp

The stock declined 0.04% or $0.06 reaching $147.6 on the news. It is used to find out the best value stocks, 9 being the best. The recent change has given its price a -0....