Stories about Finance

Jun 01 2017

GM announces more layoffs

That number will be determined at a later date. A statement from the company says the layoffs are due to reductions in passenger auto production, and that consumers are...

Jun 01 2017

Guggenheim Initiates Coverage on Hilton Worldwide Holdings Inc (HLT)

Goldman Sachs downgraded the shares of HLT in report on Wednesday, August 5 to "Neutral" rating. RBC Capital Markets has "Outperform" rating and $31 target. Susquehanna G...

Jun 01 2017

Amazon starts refunding $70 million for kids' in-app purchases

After the agency sued, Amazon sent a letter to FTC Chairwoman Edith Ramirez saying the decision was "deeply disappointing" and that the tech company had improved its pare...

Jun 01 2017

Thermo Fisher Scientific Inc (NYSE:TMO) Reviewed By Analysts

Blackrock Group Ltd, which manages about $210.09 billion US Long portfolio, upped its stake in Dow Chem Co (NYSE:DOW) by 742,480 shares to 9.65M shares, valued at $552.36...

Jun 01 2017

Baird Financial Group Inc. Decreases Stake in Energy Transfer Equity LP (ETE)

Fdx Advsr has invested 0.01% in Energy Transfer Equity LP (NYSE:ETE). Beta is also an important valuation ratio for analyzing the stock of the company, ETP has Beta o...

Jun 01 2017

Jefferies Group LLC Reiterates "Underperform" Rating for EP Energy Corp (EPE)

The energy producer reported ($1.05) earnings per share (EPS ) for the quarter, missing the Zacks' consensus estimate of ($0.21) by $0.84. Another trade for 8,481 shares...

Jun 01 2017

Polls show Conservative lead dwindling one week before voting begins

According to seat-by-seat analysis based on 50,000 interviews over the course of a week, the Tories would be down 20 seats and Labour would gain almost 30. "No deal on B...

Jun 01 2017

Sensex ends flat in cautious trade, GDP print weighs

Indian market dipped on Thursday with BSE Sensex down 8.21 points at 31,137.59 and NSE Nifty down 5.15 points at 9,616.10. Data suggested that India's growth rate h...

Jun 01 2017

Trump pulling United States out of Paris climate deal: Axios report

A formal announcement is expected at some point this week - Trump tweeted on Wednesday: "I will be announcing my decision on the Paris Accord over the next few days"....

Jun 01 2017

Northern Dynasty Minerals Ltd. (NAK)

Although past volatility action may help project future stock volatility, it may also be vastly different when taking into account other factors that may be driving price...

Jun 01 2017

30-Year Fixed Mortgage Rate Moves Lower

The 15-year FRM this week averaged 3.19 percent, same as last week. The average rates on 30-year fixed and 15-year fixed mortgages both slid down. ARM interest rates in...

Jun 01 2017

Constellation Brands, Inc. (STZ) EPS Estimated At $1.98

Cypress Capital Management Llc Wy acquired 2,275 shares as Constellation Brands Inc (STZ)'s stock rose 13.40%. Calamos Advsrs Limited Liability Co reported 146,364 shar...

Jun 01 2017

Risk of hung parliament drives down sterling

The modeling projects the Tories could lose 20 seats and their overall majority, while the Labour Party would win 28 seats, leading to a hung parliament . The Conser...

Jun 01 2017

(TUP) Position Increased by Mckinley Capital Management LLC Delaware

BlackRock Inc. now owns 8,529,559 shares of the company's stock worth $534,973,000 after buying an additional 8,475,428 shares in the last quarter. Tupperware Brands (N...

Jun 01 2017

Brokers Recommendations on: Canadian Natural Resources Limited (CNQ)

Finally, Desjardins upgraded Canadian Natural Resource from a "hold" rating to a "buy" rating and set a $48.00 price target for the company in a research report on Thursd...

Jun 01 2017

US factories report faster growth in May

On the reassuring front, it was the ninth consecutive monthly expansion in manufacturing activity in the United States, with the sector showing signs of definite progress...

Jun 01 2017

Stock Scrambling Higher Mid-Afternoon: Crescent Point Energy Corp.(NYSE:CPG)

At the time of writing, the stock was trading at $8.96. Crescent Point Energy Corporation Ordinary Shares (Canada) (NYSE:CPG) has declined 40.46% since June 1, 2016 and i...

Jun 01 2017

Under Analysts' Radar: Scorpio Tankers Inc (STNG)

Jane Street Group LLC bought a new position in shares of Scorpio Tankers during the first quarter valued at approximately $129,000. $8.38's average target is 125.88% abov...

Jun 01 2017

Oreo O's, your favorite '90s cereal, is making a comeback

The cereal, which first launched in 1998, was comprised of cocoa-flavored rings covered with a crème coating created to the mimic the experience of eating an actual Oreo...

Jun 01 2017

Man arrested at Trump hotel in DC with 2 guns

A man armed with a semi-automatic rifle was arrested in the early hours of yesteday at Trump International Hotel in the United States capital, averting what police call...