Fairfax is about to make an announcement on Domain

But in a surprise element of the divestment plan, the 30 to 40 per cent of the new Domain entity will be distributed to existing Fairfax shareholders. Others speculate that Domain might effectively consume the rest of Fairfax in a giant rebadging exe... More..

by | Published more than a month ago
by | Wednesday, February 22, 2017

Can Carl Icahn Save Bristol Myers Squibb?

Finally, Zacks Investment Research raised shares of Bristol-Myers Squibb Company from a "hold" rating to a "buy" rating and set a $67.00 target price for the company in a research note on Tuesday, December 27th...More..

by | Wednesday, February 22, 2017

BC budget promises tax breaks, increased spending for education

Economist Iglika Ivanova of the centre for policy alternatives said she's concerned the government gave up nearly $1 billion in revenues by cutting the premium. Grand Chief Ed John recently called for more supp...More..

by | Wednesday, February 22, 2017

United States unveils sweeping plan to deport undocumented immigrants

In his first memo , Kelly approves the hiring of 10,000 new ICE officers and 5,000 new staff for the Customs and Border Protection (CBP) in response to Trump's January 25 executive order , which calls fo...More..

Hundreds Of Protesters Hound McConnell In Anderson County
by | Wednesday, February 22, 2017

Hundreds Of Protesters Hound McConnell In Anderson County

McConnell acknowledged the protests as he began his remarks to about 90 ticket holders inside. The Democrats will have Madison Avenue blocked off and will demonstrate from 11 a.m.to 2 p.m. "I want the ban on ...More..

Scripps Networks Interactive, Inc. (NASDAQ:SNI) & Trinseo SA (NYSE:TSE)
by | Wednesday, February 22, 2017

Scripps Networks Interactive, Inc. (NASDAQ:SNI) & Trinseo SA (NYSE:TSE)

The stock added about 19.9 percent in price since last results when it was at $64.61 a share. The J.M. Smucker Company (NYSE:SJM) posted earnings of $2/Share in the previous quarter, as compared to earnings o...More..

by | Wednesday, February 22, 2017

United rolls out basic economy between Houston, Minneapolis-St. Paul

Paul and any of United's seven USA hubs (Chicago O'Hare, Denver, Houston Bush International, Los Angeles, New York/Newark, San Francisco and Washington Dulles) have an additional fare option to choose from - B...More..

OPEC chief sees higher compliance with oil cut, says confidence returning
by | Wednesday, February 22, 2017

OPEC chief sees higher compliance with oil cut, says confidence returning

While U.S. barrels still make up more than half - 54 per cent - of all Canadian oil imports, NEB chief economist Shelley Milutinovic said that American imports have begun to fall and have been replaced with oil...More..

First Solar, Inc. (NASDAQ:FSLR): Thoughts on the Momentum
by | Wednesday, February 22, 2017

First Solar, Inc. (NASDAQ:FSLR): Thoughts on the Momentum

FSLR right now sits at consensus rating of 2.80 while 0 analysts have advocated the shares as "BUY", 0 calls it an "OUTPERFORM" and 0 suggest "HOLD". Moving toward technical analysis, the current ratio, or th...More..

by | Wednesday, February 22, 2017

Jet's Hipster Shoppers Get a Taste of Wal-Mart In-House Brands

We had a very solid fourth quarter with USA comp sales growth of 1.8 percent and USA e-commerce GMV growth of 36 percent . For its year that ends in January 2018, Wal-Mart expects to earn between $4.20 and ...More..

by | Tuesday, February 21, 2017

Wells Fargo fires four executives amid probe into sales practices

They will not receive their 2016 bonuses and will forfeit the stock and stock options they were awarded, Wells Fargo said in a statement. Numerous low-level employees at the bank have said that intense sales ...More..

by | Tuesday, February 21, 2017

Just one rare £50k Jane Austen fiver still to be found

In a lovely act of kindness, a rare £5 note with an estimated value of £49,836 has been discovered in Fermanagh, Ireland, but rather than keep the proceeds for herself, the owner has made a decision to generous...More..

by | Tuesday, February 21, 2017

Wal-Mart Stores, Inc. (NYSE:WMT) Analyst Estimates

The Market Capitalization of the company stands at 216.51 Billion. The firm's 50-day moving average is $67.82 and its 200-day moving average is $70.38. The transaction was disclosed in a filing with the SEC, wh...More..

Zimbabwe's Mugabe: Give Trump a chance
by | Tuesday, February 21, 2017

Zimbabwe's Mugabe: Give Trump a chance

Grace Mugabe told crowds that if her husband should die before their next set of "elections", then supporters should write his name in. President Mugabe, Africa's oldest head of state, also repeated that he ...More..

by | Tuesday, February 21, 2017

Walmart beats as online sales continue to surge

Q4 adjusted EPS of $1.30, vs. $1.49, is $0.01 above the Capital IQ consensus. Breaking that down further, it has performed 1.98% for the week, 2.59% for the month, -2.13% over the last quarter, -5.97% for the p...More..

by | Tuesday, February 21, 2017

Euro Has A 'Valuation Problem', Germany's Merkel Says

She added that Russian Federation and the West have a common interest in fighting terrorism. German Chancellor Angela Merkel has pledged to remain committed to improving relations with Russian Federation desp...More..

UPS put a delivery drone in a delivery truck to make deliveries
by | Tuesday, February 21, 2017

UPS put a delivery drone in a delivery truck to make deliveries

UPS is one of several e-commerce and delivery companies experimenting with drones as a way to reduce delivery times and access difficult-to-reach locations more efficiently. For UPS to implement their autono...More..

HSBC Stock Dips On Wider Q4 Loss; Plans $1 Bln Share Buyback
by | Tuesday, February 21, 2017

HSBC Stock Dips On Wider Q4 Loss; Plans $1 Bln Share Buyback

HSBC said Tuesday (Feb 21) that net profit fell 82 per cent in 2016, calling it a period remembered for its "largely unexpected economic and political events", while it warned of further uncertainty this year. ...More..

by | Tuesday, February 21, 2017

Oil Prices Rise on Expectation of OPEC Production Cut Extension

USA stocks hit record intraday highs on Tuesday amid gains across sectors as strong earnings from top retailers underscored the strength of the US economy. "It's a market that's in an equilibrium phase and arou...More..

HSBC Slips After Reporting 62% Fall In 2016 Profit
by | Tuesday, February 21, 2017

HSBC Slips After Reporting 62% Fall In 2016 Profit

Iain Mackay, HSBC's group finance director, said 2016 had presented a hard operating environment for the bank with regulatory and geo-political uncertainties. Royal Banking Group is expected to report an eye-...More..

by | Tuesday, February 21, 2017

Doctor convicted of botched surgery gets life sentence

Duntsch was the first doctor in Dallas County to be convicted for a surgery gone wrong, District Attorney Faith Johnson said in a news conference after the sentencing Monday. More than 30 others said Duntsch le...More..

IHG reports 9.5% profits boost
by | Tuesday, February 21, 2017

IHG reports 9.5% profits boost

The company's 50-day moving average is 3,751.17GBX and its 200-day moving average is 3,391.28GBX. 2/16/2017-Barclays PLC Reiterated Rating of Overweight. The one year target is 41.67GBX with one analyst ratin...More..

Fine Gael ministers hint at leadership bids
by | Tuesday, February 21, 2017

Fine Gael ministers hint at leadership bids

Three Ministers have refused to rule themselves out of a potential Fine Gael leadership race. He added: "My take on it would be that there's going to be a leadership change in Fine Gael". Earlier: The five ...More..

Commodity price boom pushes Anglo to first profit increase in 5yrs
by | Tuesday, February 21, 2017

Commodity price boom pushes Anglo to first profit increase in 5yrs

Anglo reduced its net debt by a third during 2016, far exceeding its target, and said dividends could be resumed at the end of the year. Attendees stand in front of a promotional sign for the Anglo American P...More..

by | Tuesday, February 21, 2017

Burger King, Tim Hortons parent to buy Popeyes for $1.8B

Popeyes Louisiana Kitchen will soon be under the same business umbrella as Burger King and Canadian favorite Tim Hortons. Popeyes has more than 2,600 restaurants in the United States, Canada and two dozen ot...More..

TransferWise integrates with Facebook Messenger
by | Tuesday, February 21, 2017

TransferWise integrates with Facebook Messenger

Reuters noted that Facebook Messenger already allows users to send money within the United States, but the service has not launched internationally. Forget simply messaging friends, now you can use Facebook ...More..

by | Tuesday, February 21, 2017

Alibaba's Ant Financial to invest US$200m in Korea's Kakao Pay

Fundamentally, the move is to bridge Ant's 450 million global users with Kakao Pay, which has over 14 million members in South Korea. It marks Ant Financial's third major investment in the online payment sect...More..

New Rs 1000 notes are coming; launch date unclear
by | Tuesday, February 21, 2017

New Rs 1000 notes are coming; launch date unclear

As of now we have not determined anything about it. The news comes a day after Baba Ramdev said the Rs 2,000 should be withdrawn calling the denomination as the root cause for economic crimes. The report qu...More..

RBI increases weekly cash withdrawal limit to Rs 50000
by | Tuesday, February 21, 2017

RBI increases weekly cash withdrawal limit to Rs 50000

The Reserve Bank of India (RBI) has increased the weekly limit on cash withdrawals from savings bank accounts from Rs 24,000 to Rs 50,000 from Monday, February 20. The upper limit for withdrawals from ATMs was ...More..

Varun Dhawan not allowed to vote as name missing from voter list
by | Tuesday, February 21, 2017

Varun Dhawan not allowed to vote as name missing from voter list

He seemed to be on the same boat as fashion designer-turned-politician Shaina NC, who initially could not find her name in the voters' list, but managed to vote later after personnel at the polling booth helped...More..

John Abraham casts his vote at BMC Election 2017
by | Tuesday, February 21, 2017

John Abraham casts his vote at BMC Election 2017

Anushka Sharma went to cast her vote first thing in the morning. Social media is buzzing with photos of celebs, which they shared after casting their votes. John posted a picture on his Twitter, captioning: Cas...More..

by | Tuesday, February 21, 2017

Home Depot Beats Q4 Views; Dividend Hiked 29%, $15 Billion Buyback OK'd

Home Depot reported fiscal fourth-quarter sales and earnings that topped Wall Street's expectations Tuesday, providing further evidence that the housing recovery still has legs. The original version of this art...More..

by | Tuesday, February 21, 2017

France joins the party as euro zone economic outlook shines

Both growth levels were the highest since early 2011. The pickup seems set to continue over coming months, as new orders flowed in at the fastest pace in six years, while businesses hired additional workers a...More..

Bovis Homes sees fall in profit due to poor customer service
by | Tuesday, February 21, 2017

Bovis Homes sees fall in profit due to poor customer service

Bovis acknowledged the problems in today's results announcement, saying: "Weaknesses in our production process and a high level of customer service issues [has led] to a one-off £7m customer care provision". Av...More..

by | Tuesday, February 21, 2017

Macquarie retained BHP Billiton PLC (LON:BLT) as 'Outperform' With 1670 PT

BHP declared an interim dividend of 40 USA cents a share, sharply higher than the 16 U.S. cents it paid a year ago and 10 United States cents above its stated dividend policy of paying a minimum 50 per cent of ...More..

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