IBM falls as Buffett reports reduced stake ahead of meeting

He told CNBC last year patience is key to his investments, and he only buys stocks in companies that have a five- to 10-year game-plan. Berkshire's share price has slightly lagged the Standard Poor's 500 including dividends during the eight-year bu... More..

by | Published more than a month ago
by | Saturday, May 06, 2017

Made-in-China jet takes maiden flight

According to state television, on its test run, the plane would fly for one-and-a-half hours at a height of around 3,000 metres and at speeds of 290-300 kilometres (180-186 miles) per hour. Experts predict that...More..

Earning Analysis for: VWR CORP (NASDAQ:VWR)
by | Saturday, May 06, 2017

Earning Analysis for: VWR CORP (NASDAQ:VWR)

The company now has an average rating of "Hold" and a consensus target price of $31.80. VWR Corporation (VWR ) closed its previous trading session at $33.64 with the gain of 17.95%. If you are viewing this n...More..

by | Saturday, May 06, 2017

Buffett cuts stake in IBM and shares slide

Buffett said he doesn't "value IBM the same way" he did six years ago when he started buying it. "IBM is a big strong company, but they've got big strong competitors, too", he said. IBM's focus on IT services...More..

by | Saturday, May 06, 2017

Uber under investigation over tool to evade authorities

Both Uber and the Department of Justice declined to comment. Greyball: Uber's program, which involves manipulating what particular users see in its app, was uncovered by the New York Times in March, and t...More..

Oil prices have plunged 14% in 3 weeks
by | Saturday, May 06, 2017

Oil prices have plunged 14% in 3 weeks

Oil prices trimmed losses on Friday, having fallen more than 3% at one stage, the day after skidding to five-month lows as mounting concerns about global oversupply wiped out price gains since OPEC sealed a lan...More..

by | Saturday, May 06, 2017

GOP targets law enacted after '08 financial meltdown

A House banking panel on Thursday passed a controversial bill that would drastically change how the US government regulates the financial sector. Interestingly, in the executive summary of the CHOICE Act p...More..

Fed holds U.S. rates steady, maintains gradual hike option
by | Saturday, May 06, 2017

Fed holds U.S. rates steady, maintains gradual hike option

Attention now turns to US non-farm payrolls for March, due on Friday, after separate data showed private employers added 177,000 jobs in April. As of the March 15 statement, Fed committee members anticipated ...More..

Macron favourite for presidency in run-off with Marine Le Pen
by | Saturday, May 06, 2017

Macron favourite for presidency in run-off with Marine Le Pen

Le Pen has said for months she is not, strictly speaking, an FN candidate but a candidate backed by the FN. He said on Twitter that he would be casting his vote for the independent candidate. She may also be...More..

by | Saturday, May 06, 2017

Investors Purchase High Volume of Apple Call Options (AAPL)

Arrowpoint Asset Management LLC's holdings in Apple were worth $17,132,000 at the end of the most recent quarter. A number of other hedge funds have also recently added to or reduced their stakes in AAPL. T...More..

by | Saturday, May 06, 2017

United States tariffs will hurt both sides: Trudeau

On Monday, the administration announced its decision to impose a 20 per cent tariff on lumber imports from Canada after claiming that it was unable to come to an agreement on the matter with the U.S. "It may be...More..

by | Saturday, May 06, 2017

In Crosby's absence, Penguins will lean on Malkin

Captain Ryan Getzlaf set up the winning score and finished with two goals and two assists. They turned a pile of Capitals mistakes into a lead they desperately protected, and they can win the series Saturda...More..

by | Saturday, May 06, 2017

Feds decline to charge Louisiana policemen in fatal shooting

A focal point of the investigation hinged on whether Sterling had threatened the officers with a gun or if the officers perceived a threat that led them to fire six bullets into his body. "Moreover, two differe...More..

by | Saturday, May 06, 2017

Berkshire profit falls as investment gains tumble

Berkshire Hathaway shareholders from around the globe are converging on places like Warren Buffett's modest Dundee home to sample some of the source waters of a legend in the investment world. He cited the comp...More..

by | Saturday, May 06, 2017

SpaceX set for 2nd try at government launch

SpaceX CEO Elon Musk noted in a tweet that high-altitude winds during Monday's launch nearly exceeded the rocket's capability. The launch was originally supposed to be for Sunday, but the mission was pos...More..

Colbert mocks House Republicans after American Health Care Act passes
by | Saturday, May 06, 2017

Colbert mocks House Republicans after American Health Care Act passes

Two New York Republicans - Staten Island's Congressman Dan Donovan and upstate Congressman John Katko - broke party ranks and voted with Democrats. "We can now say that they are, with the adoption of this ame...More..

Leaked Trump draft order blames NAFTA for 'massive' wealth transfer from US
by | Saturday, May 06, 2017

Leaked Trump draft order blames NAFTA for 'massive' wealth transfer from US

The Canadian dollar hit a fresh 14-month low against its U.S. counterpart on Thursday as lower oil prices weighed, offsetting relief after U.S. President Donald Trump told Canada and Mexico that Washington wa...More..

by | Saturday, May 06, 2017

PH to attend ASEAN-US meet in Washington

China meanwhile claims ownership of nearly the entire South China Sea. The event is the first meeting between ASEAN foreign ministers and Secretary Tillerson since the new administration of US President Donal...More..

GOP-led panel OKs bill to overhaul Dodd-Frank
by | Saturday, May 06, 2017

GOP-led panel OKs bill to overhaul Dodd-Frank

Hensarling's bill would eliminate Dodd-Frank's so-called " Volcker Rule ", named for the economist and former Federal Reserve Chairman Paul Volcker, which forces insured depository banks to separate their propr...More..

by | Saturday, May 06, 2017

China`s homemade C919 passenger jet makes successful flight

The narrow-body C919 jet - white with green and blue stripes - disappeared into the clouds after taking off from Pudong worldwide airport in the commercial hub Shanghai as a crowd of thousands cheered, includ...More..

by | Saturday, May 06, 2017

Tesla Gets Mixed Reviews From Analysts After Earnings Report

After the closing bell on Wednesday, electric carmaker Tesla Motors TSLA yet again reported a big loss for the first quarter of 2017, widely missing our earnings estimates. Tesla is also slated to open i...More..

by | Saturday, May 06, 2017

Looking for a job? These 5 areas are doing the most hiring

There are signs of trouble in the retail sector, where hiring has been weak. Many economists say the U.S.is now at or near "full employment", meaning the unemployment rate won't go down significantly more and...More..

by | Saturday, May 06, 2017

China's C919 jet: from drawing board to take-off (BA)

Failing to win FAA certification would restrict the sale of the aircraft to only domestic market and certain regional clients. Built by the state-owned Commercial Aircraft Corporation of China (COMAC), the pl...More..

Slaying of camp workers on California beach may be solved
by | Saturday, May 06, 2017

Slaying of camp workers on California beach may be solved

Authorities believe they have a man in custody that is suspected in the 2004 murder of a Fresno, Ohio woman and her fiance. In a copy of a statement made at the news conference, Freitas said that once Gallon ...More..

by | Saturday, May 06, 2017

Gold Prices Lose Over 3% For The Week

June gold GCM7, +0.06% gained $3.60, or 0.3%, at $1,232.20 an ounce, after finishing the previous session at its lowest level in seven weeks . USA gold futures for June delivery were up $6.20 at $1,234.80. "Th...More..

Fed holds interest rates steady, downplays Q1 economic weakness
by | Saturday, May 06, 2017

Fed holds interest rates steady, downplays Q1 economic weakness

The Fed increased its interest rate in March and December by 25 basis points each time. But US economic numbers in the past month have been less convincing, and the latest gains for global share prices look a...More..

by | Saturday, May 06, 2017

QUALCOMM Incorporated (NASDAQ:QCOM) Touching Most Active List Today

Several large investors have recently added to or reduced their stakes in QCOM. Aetna Inc. PA acquired a new position in shares of QUALCOMM during the fourth quarter worth approximately $12,411,000. QCOM genera...More..

American plans dense 737 Max economy seating
by | Saturday, May 06, 2017

American plans dense 737 Max economy seating

It has been assigned a low target price of $19 and a high target price of $36. On American's newest 737s, the Max model, legroom will decrease. The stock's 50 day moving average is $42.95 and its 200-day moving...More..

Fairfax journalists go on strike for a week over editorial job cuts
by | Saturday, May 06, 2017

Fairfax journalists go on strike for a week over editorial job cuts

According the Enhanced Media Metrics Australia, the Financial Review has grown its audience reach to 1.7 million, as of February, up 5 per cent on the same month a year ago. The Age business courts reporter ...More..

Government's new air pollution plan branded 'toothless and inadequate'
by | Saturday, May 06, 2017

Government's new air pollution plan branded 'toothless and inadequate'

In April 2015 the UK's Supreme Court ordered Defra to publish an air quality plan to bring the United Kingdom into compliance with pollution limits set by the European Union as soon as possible, after the dep...More..

ACCC won't force telcos to share coverage
by | Saturday, May 06, 2017

ACCC won't force telcos to share coverage

Domestic roaming would allow smaller operators such as Vodafone and TPG to use Telstra infrastructure in remote areas to supplement its own coverage, giving people in those locations alternatives to Australia...More..

Morrisons announces 'better than expected' sales growth
by | Saturday, May 06, 2017

Morrisons announces 'better than expected' sales growth

The grocer's shares have added just under 28 percent to their value over the past year, and are up by nearly four percent in the year-to-date. He added that the group was "working hard" to remain competitive,...More..

Fedusa 'welcomes' court ruling on reshuffle
by | Saturday, May 06, 2017

Fedusa 'welcomes' court ruling on reshuffle

Last month, on 5 April, the DA filed an urgent application with the North Gauteng High Court to request that President's decision to remove Finance Minister Pravin Gordhan and his deputy, Mcebisi Jonas, be set...More..

by | Saturday, May 06, 2017

Comprehensive Stock Analysis Of The Coca-Cola Company (KO)

Vetr upgraded shares of The Coca-Cola from a "hold" rating to a "buy" rating and set a $44.81 target price for the company in a research note on Monday, April 24th. The firm also recently announced a quarterly...More..

Shake Shack Inc (SHAK) Major Shareholder Sells 34900 Shares of Stock
by | Saturday, May 06, 2017

Shake Shack Inc (SHAK) Major Shareholder Sells 34900 Shares of Stock

The stock closing price is now trading upward to its 50 day moving average with change of 1.05%, escalated to its 20 day moving average with figure of 2.70% and above its 200 day moving average with value 8.43%...More..