Business

Traders Checklist Stock: Oracle Corporation (NYSE:ORCL)

The stock's price moved up its 200-day moving average of $40.38. According to a report issued to investors by Wedbush on Thursday, shares of Oracle Corporat...


International Sales Improvements Drive Q4 Earnings Beat

Williams Jones & Associates LLC increased its position in shares of Tiffany & Co.by 298.8% in the second quarter. Stock has got OUTPERFORM rating from 5 analy...


European Union reinstates fine on air cargo cartel

The Commission alleges that the companies colluded to fix the level of fuel and security surcharges between 1999 and 2006. These charges are usually payable by ...


Interest rate rise is further away than MPC vote suggests

Analysts expect no changes to be enacted by the Bank with a vote of 9-0 expected in favour of keeping policy unchanged. However, surprisingly, one MPC member,...


Walmart continues battle against Amazon with acquisition of ModCloth

ModCloth, which has more than 300 employees, will continue to be based in San Francisco, Los Angeles and Pittsburgh, but will join the Walmart e-commerce retail...


Tesla Model 3 now built 'almost entirely' on production tooling 03/17/17

Tesla Inc's $1.2 billion share and convertible debt offering on Friday demonstrates once again the unflagging ability by the luxury electric carmaker and its hi...


Waiting is the hardest part: Stocks step back ahead of Fed

Market attention will be squarely focused on Fed Chair Janet Yellen's comments to gauge the future path of interest rates. For the week, the benchmark index d...


Oil prices soar as USA stockpiles ease from record highs

Oil prices inched higher on Friday, with the recent drop in the dollar and unexpected decline in US crude inventories setting prices on track for their first we...


IAG To Launch Low-fare Brand Level in June

IAG have said that fares will start at €99 for a one-way ticket. IAG officials announced the Level airline will operate two new Airbus A330 aircraft with br...


Amgen's $14000/year cholesterol drug cuts heart risks, spurs new debate on cost

Shares of Amgen (AMGN) led the drop in the S&P 500 today falling nearly 6.4% to close at $168.61 after the drug maker unveiled long-awaited data on its anti-c...


Dutch election outlook buoys euro, dollar struggles at 1-month low

Federal Reserve's cautious message on interest rates left the dollar around five-week lows , making bullion cheaper those holding other currencies. Japan's N...


Court orders CBI probe on Narada scam

Acting Chief Justice Nishita Mhatre and Justice T Chakraborty have asked the CBI to conduct a preliminary inquiry within the next 72 hours, reported Hindustan ...


Le Pen foes relish Dutch vote, but French election may be different

Ms Le Pen made the comments in an interview with former Ukip leader Nigel Farage on LBC radio. Marine Le Pen , the Far-Right French presidential candidate,...


US, allies wrestle over trade stance

Treasury Secretary Steven Mnuchin. He said, without providing specifics, that some US trade agreements need to be re-examined, while adding that, "It is not our...


Fadnavis-led delegation to meet PM over loan waiver issue for farmers

Of these, 31,000 farmers have loans overdue amounting to Rs 30,500 crore. "We met Jaitley and Agriculture Minister Radhamohan Singh and demanded that the Unio...


Toyota to invest £240m to modernise Burnaston plant

Toyota has been based in Britain since 1992, and the Derby plant past year manufactured 180,000 vehicles. Toyota is to invest £240m into upgrading its vehic...


Britain's Sainsbury's says quarterly sales edge lower

The Argos chain has seen its sales rise by 4.3 per cent. After adjusting for this year's later timing of Mother's Day and Easter the outcome was in line with ...


Hot Retail stock: Williams-Sonoma, Inc. (NYSE: WSM)

Zacks Investment Research also rated the stock with a value of 2.65. -Revenue Change (Y-o-Y): -0.6%. Williams-Sonoma shares have decreased almost 1 percent...


Government makes U-turn on national insurance rises

Hammond maintains that the measures announced to increase Class 4 NICs were necessary to maintain the stability of the tax base and equalise the contributions o...


Catalyst Pharmaceuticals Inc (NASDAQ:CPRX) reported Q4 GAAP net loss of $18072452

Catalyst Pharmaceuticals Inc (NASDAQ:CPRX) soared 2.63% or +0.03 points during previous trade after opening at the price of $1.15, a total of 1,896,631 shares ...


This lab-grown chicken and duck meat looks surprisingly delicious

It will be 2021 before Memphis Meats expects to be in the meat case, not to mention that right now it costs nearly $9,000 a pound to produce. That comes out t...


Despite US Rate Increases, the Dollar's Biggest Gains Look Done for Now

The Australian dollar was among the biggest currency gainers Wednesday as the first US rate hike of 2017 didn't alter officials' expectations that the central...


Tens of thousands affected by ABTA website data breach

The attack on Abta's website happened on February 27. The Abta chief executive, Mark Tanzer, said: "I would personally like to apologise for the anxiety and c...


Jabil Circuit Inc Earnings Retreat 19% In Q2

Over the last twelve months Jabil Circuit, Inc .'s stock price has increased by 24.79% from 21.62 to 26.98. Jabil Circuit, Inc . (NYSE:JBL) holds the market...


Sell-side Review & Stock Update on NGL Energy Partners LP (NYSE:NGL)

Spectra Energy Partners, LP has an annual performance rate of -3.74% *. Carnegie Asset Mgmt stated it has 0.13% of its portfolio in Energy Transfer Partners LP ...


Dollar General battles through retail pressure

At present, Dollar General Corporation has a PE ratio of 17.1 with a forward P/E of 15.47 *. In the final minutes of trading, they were up 0.5 percent on the ...


US Jobless Claims Fell Last Week to 241000

The number of initial claims for unemployment insurance, a measure of new layoffs, rose by 138, or 17.7 percent, to 917. "We've seen the labor market that has...


Securities Analyst Recommendations: CME Group Inc. (CME), Adobe Systems Incorporated (ADBE)

Cowen and Company reiterated a "buy" rating and issued a $120.00 target price on shares of Adobe Systems in a report on Tuesday, December 13th. The company ha...


'Never trust Russia,' says new United States ambassador to UN

After being highly critical of Trump's first version of the travel ban, which called for a temporary travel ban on seven Muslim-majority countries, Haley said s...


A Missing Oxford Comma Just Changed the Course of a Court Case

The drivers argued that the lack of a comma between "shipment" and "or" meant that last phrase entailed only packing (for either shipment or distribution) rat...


Analysts Set Apple Inc

Over the last five trading sessions, the stock has moved 1.05%. Shares of Apple ( AAPL ) were trading slightly higher in early afternoon trading after RBC C...


Sonia to return after treatment, Rahul to accompany her

And if that does happen, will Jyotiraditya Madhavrao Scindia, a close aide of Rahul Gandhi and the son of former Congress leader Madhavrao Scindia, become deput...


Adam Jones, Eric Hosmer Lead Team USA To Thrilling Win Vs. Venezuela

It was a familiar formula to the end the game for Team USA, Pat Neshek and Luke Gregerson took over the final two innings. That pitcher's name? Felix Hernand...


Greek terrorist group claimed responsibility for parcel bomb to Schäuble

A group called the Conspiracy of Fire Cells meanwhile claimed responsibility for the letter discovered at the German Finance Ministry the previous day. "German ...


Orson Welles' final film to be completed and released by Netflix

Since then, a few campaigns to piece it together have come and gone, but this time, thanks to Netflix's pockets, it should happen. One of the most famous ...


Transport Canada announces new rules for recreational drone users

Drones will no longer be allowed to fly higher than 90 metres (295 feet), within 75 metres (245 feet) of any buildings, vehicles or people, or within 9 kilometr...


ValueAct Holdings Sees Opportunity in Valeant Pharmaceuticals Intl (VRX)

There may be various price targets for a stock. On Dec 16 Valeant Pharmaceuticals International , Inc. (NYSE:VRX) stock surged more than 4% in the extend...


Freddie Mac (FMCC: OTCQB) | Mortgage Rates Move Higher

Consumers with credit card debt, adjustable-rate mortgages and home equity lines of credit will be most affected by a Fed rate hike. That lit a fire under hom...


Dollar sinks to lowest in a month

The Australian held solid gains on Thursday after the U.S. Federal Reserve stuck to its outlook for monetary tightening this year, offsetting pressure from unde...


DOJ Charges Russian Spies for Hacking 500 Million Yahoo Accounts

Dmitry Dokuchaev and Igor Sushchin are both officers of the Russian Federal Security Service while hackers Alexsey Belan and Karim Baratov were allegedly pai...


At least 10 hurt as Mount Etna erupts

The violent explosion caught the crew unawares while they were filming a report on the volcano. Rebecca Morelle , the BBC's science correspondent wrote...


Australia plans $1.5bn expansion of Snowy Mountains Hydroelectric Scheme

Malcolm Turnbull made the remark after spruiking his $2 billion expansion of the Snowy Hydro scheme and following weeks of unceasing discussion about gas, coal ...


Documents: Flynn paid thousands by Russian interests

The payments include $33,750 from the Russian government-backed RT TV station for an appearance at a Moscow conference and two checks of $11,250 each from Russi...


GoPro Says It Will Lay Off 270 People to Achieve Profitability

GoPro , which soared to popularity with cameras used for social media and extreme sports photography, said the new round of cuts is part of an internal reorgani...


Bipartisan bill would require disclosure of April on federal student loans

Currently, the law mandates that the April must be disclosed before a borrower gets a student loan from a private bank. "This legislation is a good step toward ...


Blind woman, service dog kicked off Dallas-bound American Airlines flight

She asked a flight attendant if she could be moved to a seat in another row that had room for the German shepherd. Since then, almost 3,000 flight attendants ha...


South Australia state govt says to build new gas power plant

Blackouts in the region caused a vicious nation-wide debate about what had caused the power cuts a year ago, with the matter still unsettled in some quarters. S...


Plaintiffs in USA lawsuit say Monsanto ghostwrote Roundup studies

Lawyers suing the company on behalf of farmers and others, who claim exposure to glyphosate caused their non-Hodgkin's lymphoma, alleged in a court filing whi...


Cathay has first loss since 2008 amid cheaper Chinese fares

The stock declined 1% to HK$11.48 as of 2:58 p.m. local time, after dropping as much as 6.9% earlier, the biggest intraday loss since August 17. The Hong-Kong...


National Health Investors Inc (NHI) Stake Raised by State Street Corp

Alexandria Real Estate Equities, Inc ., a real estate investment trust (REIT), engages in the ownership, operation, management, development, acquisition, and re...