Wednesday, 24 May 2017
Latest news
Home » Markets

Markets

Qatar Airways sees 'manageable' decline in flights to US

perth_map

The airline has seen "some decline" in passenger demand on USA routes, but he said this was manageable. Inmarsat worked exclusively with Qatar Airways to develop this cutting-edge solution, which covers its current route network of over 150 destinations worldwide, in addition to any future routes that will be introduced. Read More »

Startup backed by Google's Larry Page reveals flying car prototype

Kitty Hawk promises people will be able to learn to fly the Flyer "in minutes ". The cars fall under a special Federal Aviation Administration category for ultralight aircraft intended for recreational flying in uncongested areas. "You mount the seat and lean forward, just like you would on a bike". The Kitty Hawk weighs 220 pounds and is lifted by eight propellers driven by battery power. Read More »

Chilton Capital Management LLC Has $18.484 Million Stake in Amazon.com, Inc

perth_map

Finally, First PREMIER Bank increased its stake in Amazon .com by 8.5% in the first quarter. Specifically, short interest on DB stock spiked over 49% in the two most recent reporting periods, and now sits at 42 million shares. The correct version of this report can be read at [[permalink]]. While the current earnings whisper number indicates an earnings beat is on the cards, recent Wall Street commentary hasn't been as encouraging, citing weakness in Amazon's cloud division, AWS. Read More »

Wells Fargo faces shareholders, protesters at annual meeting

After about 30 minutes of presentations regarding the company's response to the bank account debacle and an outline of the bank's financial performance, a shareholder began shouting at chief executive officer Timothy Sloan, demanding that the CEO allow bank board members in attendance to disclose what they knew about the scandal and the sales practices that led to the opening of the unauthorized accounts. Read More »

HSBC Reiterated Barclays PLC (LON:BARC) As 'Buy'

Stock research analysts at Credit Suisse have GBX 1175.00 PT on RPC Group PLC (LON:RPC). The firm has "Buy" rating by Jefferies given on Wednesday, September 21. Baird. The rating was maintained by Investec on Tuesday, October 6 with "Buy". On Monday, August 10 the stock rating was downgraded by Stifel Nicolaus to "Buy". Read More »

FCC's Pai Will Lay Out Net Neutrality Plan Wednesday

perth_map

Consumer groups have argued that Internet providers have a strong incentive to force websites such as Netflix or Google to pay a fee to be displayed on consumers' screens, which could affect what services consumers can see and access online. Read More »

Nasdaq Composite hits 6000 for the first time

The S&P 500 advaced 0.3 percent, with financials rising approximately 1 percent to lead advancers. The U.S. plans to impose new anti-subsidy tariffs averaging 20 percent on Canadian softwood lumber imports, a move that escalates a long-running trade dispute between the two countries. Read More »

Possible shutdown, health care quagmire awaiting Congress

perth_map

The White House is anxious to pass legislation quickly, partly because Trump will likely hit his 100th day in office without having signed a major piece of legislation. Democrats claim Trump's demand for that funding is a non-starter and is scuttling what they claim was excellent progress on a spending bill. Mr. Read More »

I had to say a few words to the boys - Klopp

perth_map

Benteke struck late in each half to seal the points and ease the pressure on lowly Palace after Philippe Coutinho had put Liverpool ahead in the 24th minute with a direct free kick. "I needed to say several words to the lads", Klopp told Sky Sports . "That doesn't mean it will all work out, but they all see the progress". "I respect Liverpool but what happened here is behind me". Read More »

Greece beats a key bailout target for 2016

perth_map

Under EU-IMF standards, the surplus was even larger. Under the third Greek bailout program reached in the summer of 2015, a target of 0.5 percent of GDP primary surplus was agreed for 2016. He added the European Union was "confident" that Greece can reach the agreed primary surplus target of 1.7 per cent of GDP in 2017. A mission of the International Monetary Fund (IMF) could return to Greece on April 25-26, Greek Finance Minister Euclid Tsakalotos said Friday after a meeting with IMF ... Read More »

Tamil Nadu Farmers Suspend Strike After CM assurance

perth_map

They are 40 days into their protest at Jantar Mantar now and have said that the central government has not accepted their demands of drought relief. Palaniswami on Sunday met the farmers here. Recently, the Uttar Pradesh government waived off farmer loans. Now, we hear that the Film Employees Federation of South India (FEFSI) has also offered its support to the farmers and the call for bandh. Read More »

Fans rally behind Grizzlies and coach after ref rant

The Spurs lead the series 2-1 and will host the Grizzlies at the AT&T Center on Tuesday, April 25 for Game 5 . The Spurs would finally be the team leading the game in the fourth because of Leonard's 26 foot three point shot. Leonard finished with 24 points combined in the fourth quarter and overtime in a thrilling game that also featured six lead changes and seven ties in the fourth quarter and overtime. Read More »

Russia tried to use Trump advisers to influence election

perth_map

In 2013, Page met with a Russian spy named Victor Podobnyy in New York City and provided him with documents about the energy business. This includes approval from the secret court that oversees the Foreign Intelligence Surveillance Act (FISA) to monitor the communications of Carter Page, two of the officials said. Read More »

Facebook killer takes his own life as police close in

perth_map

Following a short pursuit of about a mile or so, police executed the pit maneuver - striking a vehicle on one of its fenders to make it spin - on Buffalo Road by an abandoned school and an officer saw Stephens pull out a pistol and shoot himself. Read More »

Donald Trump To Sign A Memorandum Launching Investigation Into Steel Imports

perth_map

That message appeared to win him support in industrial states including Ohio, Michigan and Pennsylvania. US steel stocks surged Thursday, with United States Steel Corp. South Korean steelmaker Posco followed with gains of over 2 percent, while Taiwan's China Steel advanced 1.3 percent. "The artificially low prices caused by excess capacity and unfairly traded imports suppress profits in the American steel industry", the administration said in a statement . Read More »

Eye-Popping Dividend Stock: Schlumberger Limited (SLB)

perth_map

Schlumberger shares fell more than 3 percent in midday trading. It worsened, as 65 investors sold SLB shares while 567 reduced holdings. Its provision for credit losses increased 18 million from the fourth quarter. Honeywell International Inc. (NYSE: HON ) reported first-quarter net income of $1.33 billion. Heading into the earnings release, covering analysts have a consensus target price of $96.06 on Schlumberger Limited shares. Read More »

United won't remove seated passengers from overbooked flights anymore

The poll from Morning Consult - which was conducted after a passenger was violently dragged off a United flight last week - could spell trouble for the embattled airline. "This is one of our initial steps in a review of our policies". They were able to board another flight the following day and make it to Costa Rica in time for their wedding on Thursday. Read More »

Larson starts on pole with Bristol qualifying rained out

perth_map

The track announced today that the Monster Energy NASCAR Cup Series race has been moved to Sunday , October 8 and will start at 2 p.m. Nine drivers ended up missing qualifying, which by some could be viewed as an advantage as the cars get to start on fresh tires. Read More »

Impact of Ontario housing measures on market may be short-lived

perth_map

What B.C. has done: What Ontario Finance Minister Charles Sousa has called "property scalping", and what the province's announcement called "paper flipping", differs slightly from what British Columbians came to call "shadow flipping" after a Globe investigation of the practice a year ago. Read More »

Lavalin to buy British engineering firm WS Atkins for $3.6B

perth_map

WS Atkins and Partners was established in 1938 by Sir William Atkins in London... Consistent with the extensive succession planning work completed by Atkins and the Atkins Directors, Heath Drewett, the current group finance director and executive director of Atkins will, upon successful completion of the acquisition, be promoted to lead Atkins within the combined entity. Read More »

Oil near flat in strong week for crude

The report also showed stockpiles at the USA crude hub at Cushing, Oklahoma, rose 276,000 barrels in the week. "Indeed, although the oil market will likely tighten throughout the year, overall non-OPEC production, not just in the USA, will soon be on the rise again". Read More »

S&P 500 slips as energy sector stumbles; Nasdaq gains

perth_map

Philip Morris (PM.N) fell 3.5 percent to $109.98 as the biggest drag to the benchmark S&P index after the tobacco maker's first-quarter profit forecast fell below estimates.Advancing issues outnumbered declining ones on the NYSE by a 2.49-to-1 ratio; on Nasdaq, a 2.61-to-1 ratio favored advancers.The S&P 500 posted 40 new 52-week highs and 1 new low; the Nasdaq Composite recorded 117 new highs and 35 new lows.About 6.65 billion shares changed hands in USA exchanges, compared with the 6.3 ... Read More »

Cigarette Packs Could Cost At Least $13 Apiece Under New Legislation

Smokeless tobacco would also cost at least $8 and the price for tobacco-containing shisha packages would be set at $17 under the bill. Though figures are hard to nail down-black markets, being what they are-stats suggest that more than half of all cigarettes are being sold illegally and untaxed in NY. Read More »

Trump to sign measures to review financial regulation

perth_map

During the reviews, the council will refrain from tagging any other firms with the label and the government won't use OLA unless required by law and in consultation with the president. In addition, he said tax reform is going to happen no matter what happens with healthcare. The review could also touch on overlapping rules created to stop foreign-based companies from shifting their US profits overseas. Read More »

UK aims for first coal-less day since Industrial Revolution

perth_map

The news follows a sharp drop in the level of coal used to power Britain's grid in the past year, thanks to the deployment of renewables and a fall in the price of gas. Natural gas accounted for 42 percent of generation, followed by renewable sources, with 24 percent, and nuclear at 21 percent. "Our energy is becoming cleaner and greener, with wind, solar and other renewables generating more of our electricity than ever before". Read More »

Bebe is closing all its stores, the latest casualty in retail

perth_map

As of the first quarter, the company operated 137 retail locations and 35 outlet stores in the U.S., Puerto Rico, and Canada. It's curtain time for Bebe Stores - or at least its brick-and-mortar operations. Net sales for the formerly profitable Bebe were $101.9 million in the second quarter of the 2017 fiscal year, a decrease of 16.8 percent from $122.4 million reported for the second quarter a year ago. Read More »