Bank of England holds rates in 7-1 vote

The outlook for global activity continues to improve. "This perhaps explains why the pound fell after the release of the Inflation Report and minutes". The Bank's forecasts are based on a "smooth" adjustment to a new trading relationship with the Eur... More..

by | Published more than a month ago
by | Friday, May 12, 2017

Legal & General Group Plc (LGEN) Coverage Initiated at Credit Suisse Group AG

AstraZeneca plc has a 50 day moving average of 4,855.60 GBX and a 200 Day Moving Average share price is recorded at 4,769.75. Diageo PLC has GBX 2600 highest and GBX 1600 lowest target. Four equities research ...More..

Sprint, SoftBank start early deal talks over T-Mobile - BBG
by | Friday, May 12, 2017

Sprint, SoftBank start early deal talks over T-Mobile - BBG

As of March 31, Mobile customers increased 4.7 percent from a year ago to 165.8 million. "The strong position we have established for ourselves gives us the time and space to evaluate all options together wit...More..

by | Friday, May 12, 2017

US Senator Sees No Evidence of Widespread Voter Fraud in 2016 Elections

But so far, no evidence has surfaced to justify his claim. Officials said Trump would sign an executive order Thursday creating the commission, which they said would have a broad mandate to review policie...More..

by | Friday, May 12, 2017

Oil Returns to $50 as US Stocks Drop

As oil dropped below $50 last week, analysts expect producers will be forced to continue the cuts. "Crude prices could be poised for recovery", US investment bank Jefferies said in a note . Gasoline demand...More..

by | Friday, May 12, 2017

Nuclear Waste Tunnel Collapses in Washington State

The senior Democrat on the House Energy and Commerce Committee says he is requesting that the Energy Department brief the panel on the cause of a tunnel collapse at a nuclear waste storage site in Washington...More..

Banks admit consumers will bear new levy
by | Friday, May 12, 2017

Banks admit consumers will bear new levy

Sign up here for free access to 7 articles per month + twice daily business email alerts. According to Bligh, banks are the largest corporate taxpayers in Australia. CBA shares closed 0.4 per cent lower, Wes...More..

by | Friday, May 12, 2017

French ex-PM Valls wants to join Macron's En Marche

The party has received and filtered through some 15,000 applications submitted online since 19 January, a representative of the movement said. "As of today, he (Valls) does not fit the criteria that would all...More..

France's new president proving a keeper of secrets
by | Friday, May 12, 2017

France's new president proving a keeper of secrets

Three quarters of French voters said they were satisfied with President-elect Emmanuel Macron's list of candidates for the two-round parliamentary elections scheduled for June 11-18, a poll showed on Frid...More..

Are Insiders Shedding Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD)?
by | Friday, May 12, 2017

Are Insiders Shedding Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD)?

The legal version of this news story can be read at https://sportsperspectives.com/2017/05/12/advanced-micro-devices-inc-amd-issues-quarterly-earnings-results-hits-expectations-updated.html. If you are reading ...More..

by | Friday, May 12, 2017

Bgeo Group PLC (BGEO) Rating Reiterated by Peel Hunt

The SI to Xencor Incorporated's float is 5.75%. Shareholders of record on Thursday, April 27th will be paid a dividend of GBX 1.80 ($0.02) per share on Friday, June 9th. The stock has "Neutral" rating by BNP Pa...More..

Dana Milbank: Answers from Yates, more questions for White House
by | Friday, May 12, 2017

Dana Milbank: Answers from Yates, more questions for White House

Earlier this year, Flynn had resigned after it turned out he had lied to Vice President Pence about conversations with a Russian ambassador. On Jan. "They informed the president after they were informed of he...More..

by | Friday, May 12, 2017

SMEs set to pay for the government's $6 billion bank tax

Australia's "Big Four" banks say they are working hard to cut costs to maintain earnings momentum as they combat rising challenges from regulatory action, a fresh government inquiry and a possible new levy on t...More..

by | Friday, May 12, 2017

Crude Prices Higher on US Stocks Draw

OPEC members agreed in November to cut production by 1.2 million barrels per day for six months beginning from the start of the year in a bid to reduce the glut of oil supplies on the shore up prices. He said t...More..

Vitol executive says oil market not seeing expected destocking
by | Friday, May 12, 2017

Vitol executive says oil market not seeing expected destocking

OPEC, in its Monthly Oil Market Report for May released on Thursday , put Nigeria's output at 1.484 million bpd for April, from 1.21 million bpd in the previous month, which was based on direct communication. ...More..

Paul Ryan visits New York school run by charter advocate
by | Friday, May 12, 2017

Paul Ryan visits New York school run by charter advocate

He said overhaul is long overdue. "Right now our tax system encourages businesses to manufacture overseas". Tax reform is one of the top agenda items for congressional Republicans and President Trump this y...More..

by | Friday, May 12, 2017

Democrats target those who backed GOP health bill

Gov. John Kasich of OH questioned what would happen to the mentally ill, drug addicts and people with chronic illnesses under the changes proposed for Medicaid. Bill Cassidy, wants to guarantee care for peo...More..

by | Friday, May 12, 2017

Now Snapchat wants to copy Facebook

He added, "The fact that they failed to live up to expectations, let alone exceed them, disappointed people". The company's shares fell more than 20% in after-hours trading in NY. Nearly $2 billion of Snap...More..

Halfords Group PLC (LON:HFD) Receives Sell Rating From Peel Hunt Analysts
by | Friday, May 12, 2017

Halfords Group PLC (LON:HFD) Receives Sell Rating From Peel Hunt Analysts

Compass Group PLC provides food and support services. The company has market cap of 716.86 million GBP. Its geographic segments include North America; Europe, Russia and Turkey; Africa; Latin America and Caribb...More..

Isco's away goal hands CL final berth to Real Madrid
by | Friday, May 12, 2017

Isco's away goal hands CL final berth to Real Madrid

Los Blancos , who entered the Wednesday encounter with a 3-nil first leg victory, conceded an early goal at the Vicente Calderon when Saul Niguez thumped in a header after just 12 minutes. "It is those on th...More..

Nordstrom reports growth in 1Q profit, disappointing sales
by | Friday, May 12, 2017

Nordstrom reports growth in 1Q profit, disappointing sales

Nordstrom's first-quarter results showed the luxury department store retailer's tenacity in fighting hard industry conditions. That value represents a market adjusting for revenues that have been growing by ...More..

Molefe goes back to Eskom as CEO
by | Friday, May 12, 2017

Molefe goes back to Eskom as CEO

The ANC said it would seek engagement with Minister of Public Enterprises Lynne Browne, under whose authority Eskom falls. A spokesperson for the group said that the board could not agree with Molefe on a mut...More..

by | Friday, May 12, 2017

Snap Q1 earnings report: users grow but shares drop

Quarterly revenue exploded to $149.6 million in the first quarter, nearly a four-fold increase from the quarter before, but analysts were expecting revenue to reach around $158 million. It's bad, but not unprec...More..

by | Friday, May 12, 2017

After the new president, new faces for France's parliament

Other successful bids came from a woman fighter pilot who will run in eastern France and a man born in Rwanda who was adopted in France at the age of four and will contest a seat in Brittany. He says he was...More..

Snapchat Reaches 166 Million Daily Users
by | Friday, May 12, 2017

Snapchat Reaches 166 Million Daily Users

As a result of this earnings report, Snap's stock was hit hard, dropping almost 24 percent in after hours trading, after a slightly loss of 1.46 percent in regular trading. Shares of Snap , creator of the po...More..

by | Friday, May 12, 2017

McGirt grabs early lead at Sawgrass

Day's victory at Sawgrass 12 months ago was his seventh in 17 events, but he has recorded just one top-10 finish in 2017, although his form has been badly affected by his mother's battle with lung cancer. "I wo...More..

China, US reach agreement on beef, poultry and natural gas
by | Friday, May 12, 2017

China, US reach agreement on beef, poultry and natural gas

Under the agreement, China will allow USA beef exports to flow directly to the country for the first time since 2003, while the United States will take steps to authorize Chinese imports of cooked poultry into ...More..

by | Friday, May 12, 2017

Federal Reserve set to wait on interest rate hike

Treasurys are under pressure after the Federal Reserve held its key rate in a range between 0.75% and 1.00%. The Fed kept interest rates unchanged, downplayed weak first-quarter economic growth and emphasize...More..

BT share price dips as telco posts results to 'challenging year'
by | Friday, May 12, 2017

BT share price dips as telco posts results to 'challenging year'

A reduction in deferred bonus plan share awards for the two executives totals more than £500,000. Paterson said: "This has been a challenging year for BT". It paid a final dividend of 10.55 pence, up 10 per...More..

by | Friday, May 12, 2017

Apple to create $1 billion USA advanced manufacturing fund

Cook, who visited India previous year and met Prime Minister Narendra Modi, said the iPhone maker is putting a "lot of energy" in India, just like Apple has in other geographies that eventually wound up produ...More..

SBI Buddy to permit ATM cash withdrawals
by | Friday, May 12, 2017

SBI Buddy to permit ATM cash withdrawals

People with an SBI account will be charged Rs. 10 and service charge, whereas people with other bank accounts will be charged Rs. 20 in addition to the service charge. Similarly, if business correspondents are ...More..

Million People Used Snapchat Every Day in 2017
by | Friday, May 12, 2017

Million People Used Snapchat Every Day in 2017

Snapchat's parent company Snap Inc has reported a net loss of more than $US2.2 billion ($A3 billion) in the company's first earnings report, amid stiff competition from copycat messaging apps. You could use i...More..

SoftBank records over Rs 9000 crore loss from Indian investments
by | Friday, May 12, 2017

SoftBank records over Rs 9000 crore loss from Indian investments

SoftBank is the largest investor in cab-hailing app Ola and e-commerce marketplace Snapdeal . Kalaari could get about $70-80 million. Flipkart and Snapdeal did not immediately respond to requests for comme...More..

Oil gains on more support for OPEC cuts
by | Friday, May 12, 2017

Oil gains on more support for OPEC cuts

The reductions were implemented in January, and have been effective in reducing worldwide supplies somewhat, according to the International Energy Agency (IEA ). Iran's oil output decreased by 34,700 barrels p...More..

by | Friday, May 12, 2017

Labour plan to make rail, mail public again leaked

Neil Leitch, chief executive of the Pre-school Learning Alliance, said: "We know that affordable childcare is a high priority for parents and so it's unsurprising that Labour's draft manifesto contains some big...More..