Stories about Finance

May 10 2018

China Sentences Anbang Founder to 18 Years for Fraud

The court also was told that Anbang had sold investment products that exceeded allowable fund-raising amounts by a whopping 723.9 billion yuan. When contacted by Reuter...

May 10 2018

Nestlé to sell Starbucks coffee after signing $7bn deal

Nestlé to Pay Starbucks $7.15 Billion to Sell Their Products Nestlé's Chief Executive, Mark Schneider, is making a big move for the company's largest high-growth category...

May 10 2018

Technical Snapshots for Investors: Gramercy Property Trust Inc. (GPT)

The company's outstanding shares are 456.32 Million. The company's distance from 52-week high price is -39.82% and while current price is 2.12% from 52-week low pric...

May 10 2018

Traders Spotlight: Marathon Oil Corporation (MRO)

After the giving short look at one day return of Cadence Design Systems, Inc.it is observed that CDNS reported negative return of -0.41% in last trading session. Marathon...

May 10 2018

USA exit from Iran deal could affect S. Korea's oil imports

After Trump's decision to walk away from the Iran deal, Brent crude futures, the global benchmark for oil prices, rose to their highest level since November 2014 on Wedne...

May 10 2018

US House members, legislators seek North Carolina primary wins

A recap of Tuesday's primary, which saw the defeats of several incumbents, then a conversation about physician-assisted suicide legislation in North Carolina. It was also...

May 10 2018

Alibaba buys South Asian Daraz

Daraz operates in multiple countries other than just Pakistan. Daraz will continue to operate under the same brand. A version of this article appears in print on May ...

May 10 2018

Rising crude oil prices push rupee to 15 month low against dollar

To this end, CPI release scheduled later this week will be viewed with interest. The RBI said it will buy Rs 10,000 crore of government bonds on May 17. The rupee has bee...

May 10 2018

Is Buying 52-Week Stock Like Stryker Corporation (SYK) a Winning Strategy?

Now investors want to know the actual market worth of the company in the Stock Market. About 1.71 million shares traded or 29.37% up from the average. Eads Heald Counsel ...

May 10 2018

Twenty-First Century Fox, Inc. (FOX): Is this Stock Safe to Play in?

The Company holds the market capitalization of $68.25B along with 1.79B outstanding shares. Over the 52-week time span, the stock notched a high price of $39.13 and its m...

May 10 2018

IShares Core S&P Small-Cap ETF (IJR) Rises 0.56% for May 9

The stock price registered volatility 2.72% in past week and volatility was at 1.69% over a last month. If the numbers from a certain holding come in way out of whack, it...

May 10 2018

Analysts' Suggestions in the Limelight: Kinder Morgan, Inc. (KMI)

The stock decreased 0.65% or $0.105 during the last trading session, reaching $16.105. ( NYSE :UEC), its shares were trading at $1.56 a retreat of $-0.08, on the trading ...

May 10 2018

Vanguard Group Inc Now Owns 106692589 Shares In QUALCOMM Incorporated (QCOM)

Wedgewood Partners Inc decreased its stake in Qualcomm (QCOM) by 27.27% based on its latest 2017Q4 regulatory filing with the SEC. Charter Trust Company who had been inve...

May 10 2018

Ford Halting All Production of F-Series Trucks in Wake of Fire

Those shutdowns could last for several weeks. The F-150 has been the top selling United States vehicle by any manufacturer for more than 40 years. The truck line, inc...

May 10 2018

Amazon.com, Inc. (AMZN) Could Help Bring Foot Traffic Back To Sears

Lampert has closed unprofitable stores, sold assets, cut costs and tried to forge partnerships for Sears products and boost membership of its Shop Your Way rewards progra...

May 10 2018

Second Harvest, letter carriers plan food drive

Food donations will benefit the Food Bank of Central & Eastern North Carolina. This Saturday May 12th is the date for the food drive, it's simple to do and all of the...

May 10 2018

Oil soars after Trump dumps Iran nuclear deal, stocks gain

Still, he said, oil prices are likely to keep rising. Separately, and in another deja vu to the last Iran sanctions, in order to skirt the US financial system, Asian ...

May 10 2018

California becomes first state to mandate solar panels on new homes

But Republican legislative leaders said Californians can't afford to pay any more for housing in the state's already extremely expensive market. The Associated Press ...

May 10 2018

To-Denver Delta flight fills with smoke upon landing

Flight 1854 had traveled from Detroit to Denver . It remains unclear what caused the smoke. "Everyone was kind of yelling, like, 'Hey, there's smoke coming out of th...

May 09 2018

Gold falls as robust dollar and bond yields negate US-Iran worries

THE US dollar surged to a 2018 high against its rivals on Tuesday as a rout of the euro prompted traders to buy the greenback despite some concerns its rally may have bee...