Stories about Finance

Aug 31 2017

Oil prices pulled by Harvey, North Korea

Harvey, the strongest storm to hit the US since 2004, made landfall as a hurricane Friday, flooding cities and shutting plants able to process some 2.26 million barrels o...

Aug 31 2017

Qantas re-routes Sydney-London flights via Singapore

The current daily QF35/QF36 will change from A330 to A380. Emirates will continue to operate 77 weekly services from Dubai to five cities - Adelaide, Brisbane, Melbou...

Aug 31 2017

Toshiba Miss Deadline For Chip Business Deal

Toshiba has been in negotiations for months to sell off its chips business and pay for a disastrous move into the U.S. nuclear business. Western Digital , which partn...

Aug 31 2017

Toyota invests in Grab's latest RM10.7b funding round

TransLog will then be installed in 100 grab rental cars enabling Toyota and Grab to analyze the data, and could enhance Grab experience for drivers. Toyota said it woul...

Aug 31 2017

Harvey 'Not Like Anything We Have Ever Seen Before'

More refinery closures were expected, as parts of Texas have received more than 4 feet (1.2 metres) of rain. Florida's average price was $2.31. Exxon Mobil has released...

Aug 31 2017

Analyst Upside Underscores Impressive Growth for Spirit Realty Capital, Inc. (NYSE:SRC)

Long Pond Capital, Lp grew its holdings by buying 5,933,874 shares an increase of 389.1%. It is down 36.20% since August 30, 2016 and is downtrending. The firm earned "Bu...

Aug 31 2017

Arsenal legend wants Wenger to quit 'for his own sanity'

At least they still have the young-up-and-comer Theo Walcott to fill his boots if/when Sanchez leaves. Sterling has started only one Premier League game so far with Cit...

Aug 31 2017

Salman Khan Chose Jacqueline Fernandez Over Katrina Kaif For Race 3?

We will do that in a week's time. We hear Salman felt morally obliged to compensate not only director Remo D'Souza but also Jacqueline after the dance film they were do...

Aug 31 2017

Big Names Help Harvey Victims by Getting Big Money to Relief Effort

With almost two more feet of rain expected on top of the 30-plus inches in some places, officials anxious that the worst might be yet to come. "There are human beings i...

Aug 31 2017

Hibbett Sports, Inc. (NASDAQ:HIBB) Trading Down - Insiders Are Buying

Among 20 analysts covering Hibbett Sports (NASDAQ:HIBB), 3 have Buy rating, 3 Sell and 14 Hold. Therefore 54% are positive. Hibbett Sports has a 12-month low of $9.40...

Aug 31 2017

Note ban served its objective, next step to cleanse political funding: Jaitley

It needed to be seen in the context of a wider tax base, a more digitalised economy , lesser use of cash and an integration of the informal economy with the formal, he s...

Aug 31 2017

Momentum Stock in Focus: Celgene Corporation (CELG)

Jefferies maintained it with "Buy" rating and $200.0 target in Sunday, August 27 report. The stock has "Outperform" rating by Wells Fargo on Wednesday, October 5. 5,000 s...

Aug 31 2017

Hurricane Harvey knocks out 22 per cent of US Gulf oil production

Harvey is forecast to come ashore as a Category 3 hurricane, the NHC said, with winds of up to 129 miles (208 km) per hour. USA crude futures CLc1 dropped $1.27, or 2.6...

Aug 31 2017

Starwood Ppty Tr INC (STWD) Stake Maintained by Clough Capital Partners LP

Goldman Sachs has "Neutral" rating and $22.50 target. The rating was maintained by Credit Suisse on Monday, September 26 with "Outperform". (NYSE: STWD ) on Monday, Augus...

Aug 31 2017

Bob Evans Farms enjoys hike in Q1 sales and operating income

Sterling Global Strategies Llc decreased Disney Walt Co (DIS) stake by 98.91% reported in 2016Q4 SEC filing. Analysts have also given a consensus recommendation on the st...

Aug 31 2017

Hurricane Harvey price gouging: Houston gas station charges $20 per gallon

One of those complaints came from the station itself, after a reporter was quoted a price for a hotel room at a location outside Corpus Christi that came to nearly three ...

Aug 31 2017

Total's Port Arthur, Texas, refinery expects water to recede by weekend

Motiva Enterprises has closed its refinery in Port Arthur, Texas - the biggest in the nation - because of floodwaters that are inundating the area east of Houston near th...

Aug 31 2017

Ryanair CEO says won't bid for Air Berlin

Irish budget airline Ryanair Holdings PLC on Wednesday said it has urged the German Bundeskartellamt and the European Commission to block German airline Deutsche Lufthans...

Aug 31 2017

At Jackson Hole, Yellen defends post-crisis regulation

European Central Bank head Mario Draghi is scheduled to speak in the afternoon and investors will look for any comments on the bank's tapering plans. Draghi didn't ad...

Aug 31 2017

Largest Oil Refinery in US Shutdown by Harvey

A FEMA truck headed to help victims of Hurricane Harvey ended up getting stuck in the floodwaters. More than three and a half feet of rain has fallen on Port Arthur since...