Stories about Finance

Jun 03 2017

U.S. unemployment rate hits 16-year low in May

If hiring maintains its current pace, it would exceed population growth, and the unemployment rate should eventually fall even further below its current 4.3 percent, a ...

Jun 03 2017

Oil Futures Climb 1 Percent After US Stockpile Draw

CPC calculates its weekly fuel prices based on a weighted oil price formula made up of 70 percent Dubai crude and 30 percent Brent crude. On Wednesday, they fell $1.5...

Jun 03 2017

US job market looks solid 8 years after recession ended

The Institute for Supply Management said its barometer of US factory activity edged up to 54.9 last month from 54.8 in April, while ADP reported private payrolls grew b...

Jun 03 2017

Will Trump block Comey testimony? White House does not know yet

Director of National Intelligence Dan Coats, Acting FBI Director Andrew McCabe, National Security Agency Director Mike Rogers and Deputy U.S. Attorney General Rod Rosenst...

Jun 03 2017

(VSAT) With Shares Trading up at $67.55 ViaSat-2 Successfully Launched

With 471,000 shares average volume, it will take short sellers 12 days to cover their VSAT's short positions. (NASDAQ:VSAT) by some 5,913,424 shares, 69 decreased posit...

Jun 03 2017

After humbling Cavaliers, Warriors warn their best yet to come

Durant came into this Finals , five years after trying to meet everyone's expectations in a more traditional way with the Oklahoma City Thunder, nearly in a no-win situa...

Jun 03 2017

KKR About to go Shopping in Asia

KKR had previously raised Asia's largest private equity fund at $6bn in 2013. Sanjay Nayar , member and CEO of KKR India , said, "India is an integral part of our As...

Jun 03 2017

Frontier Communications Corp (FTR) Sees Large Growth in Short Interest

Company shares have been seen trading -32.57% off of the 52 week high and 97.33% away from the 52 week low. The share of Frontier Communications Corporation (FTR ) now...

Jun 03 2017

Trump Slams Kushner Russia Back-Channel Reports As 'Fake News'

Earlier in the day, he blasted the media for numerous leaks coming out of the White House that he believes are made up. On his first morning back from a nine-day trip...

Jun 03 2017

The DDR Corp (DDR) Receives Consensus Rating of "Hold" from Brokerages

Stock market analysts and brokers have recently amended their target prices on shares of DDR Corp . Jefferies Group LLC reaffirmed a "hold" rating and issued a $13.00 pr...

Jun 03 2017

$3.8B Dakota Access oil pipeline begins service

ETP said earlier this month that the $3.8 billion pipeline would begin transporting crude on June 1 to fulfill contracts with shippers. "As production increases, DAPL wi...

Jun 03 2017

Analyst Buzz: Diamond Offshore Drilling, Inc. (DO)

The stock of Diamond Offshore Drilling Inc (NYSE:DO) has "Buy" rating given on Monday, November 30 by Guggenheim. It has underperformed by 59.72% the S&P500. Therefore 21...

Jun 03 2017

The AlpInvest Partners B.V. Sells 88537 Shares of Groupon Inc (GRPN)

Hamilton Lane Advisors LLC now owns 114,146 shares of the coupon company's stock valued at $449,000 after buying an additional 96,327 shares during the period. Finally, M...

Jun 03 2017

Stephens Inc. AR Buys 47577 Shares of Discovery Communications Inc. (DISCA)

Earnings per share (EPS) breaks down the profitability of the company on a single share basis, and for Discovery Communications, Inc. the EPS stands at 0.41 for the previ...

Jun 03 2017

Horizon Pharma PLC (HZNP) Given Media Sentiment Score of 0.32

Valeant Pharmaceuticals Intl Inc (VRX) has declined 48.51% since June 2, 2016 and is downtrending. It has underperformed by 37.05% the S&P500. Consonance Capital Manage...

Jun 03 2017

Are Traders Shorting TripAdvisor, Inc. (NASDAQ:TRIP) Shares?

Several equities research analysts recently weighed in on TRIP shares. PiperJaffray "Downgrades" Tripadvisor Inc (NASDAQ:TRIP) in a research note issued to investors on...

Jun 03 2017

Trump to decide whether to block Comey testimony - White House adviser

Since then, reports have emerged alleging that the president had previously asked Comey to drop an investigation into former national security adviser Mike Flynn. . A...

Jun 03 2017

Weatherford International Plc (WFT) Stock Rating Reaffirmed by Royal Bank of Canada

Weatherford International Plc (NYSE: WFT ) traded at a yearly high level of $7.09 during the last trading session. It has underperformed by 14.55% the S&P500. Hsbc Pcl ho...

Jun 03 2017

Vigilant Capital Management LLC Maintains Position in Marsh & McLennan Companies, Inc. (MMC)

AKS price is down almost -83.71% from its 52-week high price of $11.39 a share but is up about 37.58% from its 52-week low price of $3.87 a share. (NYSE: MMC ) has risen ...

Jun 03 2017

Kathy Griffin: I think the President is a fool

Griffin says she will not refrain from joking about Trump in the future. There's a bunch of old white guys trying to silence me. Reed says the press conference was an a...