Stories about Finance

Jul 26 2017

Anadarko Petroleum Corporation (NYSE:APC) Stock Rating Reaffirmed by Wells Fargo & Company

Bank of America Corporation restated a "buy" rating on shares of Anadarko Petroleum Corporation in a research report on Thursday, May 11th. Royal Bank Of Canada set a $84...

Jul 26 2017

Return of oil prices to $60 requires multiple production losses

So we see that OPEC and non-OPEC cuts do matter. This compares with a 4.4-million-barrel draw a week earlier. However, gasoline inventories increased, the report st...

Jul 26 2017

FCA reveals how brokers must handle senior managers regime

The FCA has published five conduct rules which will apply to all financial services staff at FCA-authorised firms. The FCA views these measures as a tool to further pro...

Jul 26 2017

Ford Motor Co Earnings Rise 14% In Q2

The company said revenue for the quarter rose 0.9% to $39.85 billion. On an adjusted basis, Ford earned 56 cents a share, which outpaced analysts estimates of 43 cent...

Jul 26 2017

Initial Coin Offerings May Be Subject to US Securities Laws, Says SEC

The DAO was designed as a decentralized crowdfunding model in which anyone could contribute Ethereum tokens to be a voting member and have an equity stake in the organ...

Jul 26 2017

Hack on Italy's largest bank affects 400000 customers — BBCI

Unicredit said that personal data and account numbers could have been stolen. Approximately 400,000 customers are thought to have been affected by two breaches. Attack...

Jul 26 2017

Congress Could Repeal Consumer Protection Bank and Credit Card Rule

July 21 was the birthday of the Consumer Financial Protection Bureau. The GOP-led House voted 231 to 190, nearly entirely along party lines, to undo the rule by invokin...

Jul 26 2017

Exxon Mobil Corporation (XOM)

The Company also manufactures and markets commodity petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics, and a range of specialty produc...

Jul 26 2017

Its Elon Musk vs Mark Zuckerberg with AI in focus

I have pretty strong opinions on this. Musk's tweet came after Zuckerberg, during a live video on Facebook last week, criticized Musk for maintaining that Artificial In...

Jul 26 2017

The Coca-Cola Co (KO) Q2 Revenues Plunge 16%, Still Beat Expectations

Citizens & Northern Corp boosted its stake in Coca-Cola Company (The) by 3.8% in the fourth quarter. Coca-Cola Company (The)'s revenue was down 11.3% compared to the sa...

Jul 26 2017

ARGENTINA: IMF Increases GDP Estimate To 2.4% In 2017

China's growth is expected to remain at 6.7% in 2017, the same level as in 2016, and to decline only modestly in 2018 to 6.4%, the report shows. These projections are i...

Jul 26 2017

Hardik Pandya Makes Debut, 289th Indian to Get Test Cap

Virat Kohli and team with their new head coach Ravi Shastri are all set to face Rangana Herath's men in the first Test . Virat Kohli (capt), Shikhar Dhawan , K....

Jul 26 2017

ITV Profit Falls On Lower Ad Revenue Despite Love Island

ITV warned last year that the UK's decision to leave the European Union would hit the firm's advertising results, and in its half-year results the broadcaster posted a...

Jul 26 2017

Federal Bank Q1 net profit up 26%

Axis Bank said the growth in corporate advances had started to recover in the first quarter, driven by a pick-up in working capital loans, while growth in retail loans c...

Jul 26 2017

Hyundai posts 48% drop in Q2 net profit on China snub

In China, he said, the issue over the deployment in South Korea of the U.S.'s Terminal High Altitude Area Defense missile system played a key role in poor sales. GM, in i...

Jul 26 2017

United Kingdom economy sees pick-up in growth

Wages fell by 0.2% in the first three months of 2017, the first time there has been a decline for two and a half years. Darren Morgan of the ONS added: "The economy has...

Jul 26 2017

Rs 2000 note to be phased out soon?

Most probably, from next month onwards, Rs 200 notes would be introduced, and preparations are on full swing. Once the circulation of lower denominations increase, the go...

Jul 26 2017

BMW picks Britain for electric Mini despite Brexit

A spokesman for BMW said on Tuesday the group had not received any reassurances from the British government over post-Brexit trading arrangements. At the moment, BMW is...

Jul 26 2017

KeyCorp Trims Acadia Realty Trust (NYSE:AKR) Target Price to $33.00

Meanwhile, due to an ongoing pressure which caused a decline of nearly -0.38% in the past five days, the stock price is now down -2.06% so far on the year - still in weak...

Jul 26 2017

Dollar falls to 13-month lows as market looks to Fed

The Fed also announced plans to start gradually paring its bond holdings later this year, a move that could cause long-term rates to rise. Its statement is expected at 18...