Money

Buffett cuts stake in IBM and shares slide

Before billionaire Warren Buffett takes the stage Saturday to spend hours answering at his conglomerate's annual meeting , his investors had to weigh questions...


Rampant Ronaldo has learned to accept rotation - Zidane

He has 52 in total. Ronaldo has scored 12 headed goals during the last six Champions League seasons, four more than his closest rival Robert Lewandowski. "Tha...


United States employers added 211000 jobs, rate fell to 4.4 percent

The jobless rates for adult women (4.1 percent), teenagers (14.7percent), Whites (3.8 percent), Blacks (7.9 percent), Asians (3.2 percent), and Hispanics (5.2 p...


Robert Mugabe says Zimbabwe is not fragile but America is

Laughing, Mugabe slowly said: "That isn't true". The UK believes in democracy and must support us. Zimbabwe was ranked 24th on the UNDP's Human Development In...


Bustling Stock in Focus: The Coca-Cola Company (NYSE:KO)

Beese Fulmer Investment Management Inc. raised its stake in shares of The Coca-Cola by 1.0% in the third quarter. Acadian Asset Management LLC now owns 7,492,62...


New auto sales slump 20% after changes to vehicle excise duty

The Society of Motor Manufacturers and Traders (SMMT) said 152,076 new cars were registered in April. Mike Hawes, SMMT Chief Executive , remained optimistic ...


Gold demand down 18% YoY

Central bank demand continued to slow, with 76 tonnes added to reserves, and this was down 27% from a year ago. "Demand across the rest of the region remaine...


Deadline approaches for spending paper £5 Bank of England notes

LAST year, the United Kingdom was introduced to a new £5 note. What if my bank won't take my old fiver? Banks will continue to accept or replace any old £5 ...


Most U.S. households have ditched landlines for mobile phones

Just 6.5 percent of families have a landline without cell service, and 3.2 percent have no phone service at home at all. The number of households that do not ha...


Brokerages Expect Sally Beauty Holdings, Inc

SBH has been the subject of a number of recent research reports. The company's consensus rating on Reuter's scale slipped from 3 to 2.75 during a month. In re...


Cruz: 'Catastrophic' if Senate fails to pass ObamaCare repeal

Lisa Moore of Denver holds up a sign during a protest outside the office of U.S. Rep. Mike Coffman, R-Colo., over the health care overhaul bill up for a vote in...


Cash transactions stopped in 40 bank branches in Kashmir

This was the fourth incident of armed robbery in the Valley within three days. The second robbery took place at around 3.30 pm. It may be mentioned here tha...


Freeport-McMoRan Inc. (FCX) Closed at $11.68

Following the sale, the vice president now directly owns 60,989 shares of the company's stock, valued at $928,252.58. Acrospire Investment Management LLC bought...


The Kinross Gold (KGC) Earning Somewhat Favorable News Coverage, Report Shows

Equities research analysts expect that Kinross Gold Co. Berenberg Bank reiterated a hold rating and set a $4.60 target price on shares of Kinross Gold in a repo...


Qualcomm Considers Blowing Up Apples Business iPhone 8 Launch In Peril

Bloomberg reports that, since Apple last week made a decision to withold royalty payments, Qualcomm will be seeking an iPhone sales ban in the US. Such a b...


Get ready to squeeze: American cutting legroom on new 737s

According to the company's insiders, Robert Isom, American's president had in the early days of last moth foretold the announcement which he did in an earnings...


Local Polls Boost May Five Weeks Before UK General Election

This probably reflects the nature of contemporary political discourse in Scotland, defined as it is by attitudes to independence as well as the UK-wide topic of...


Penntex Midstream Partners LP (PTXP) Receives $18.50 Consensus Target Price from Analysts

Shares of Penntex Midstream Partners (NASDAQ:PTXP) traded down 1.68% during mid-day trading on Thursday, reaching $16.37. Tortoise Capital Advisors, LLC is the ...


Medical Properties Trust, Inc. (NASDAQ:MPW) To Report Earnings

Sadler now forecasts that the real estate investment trust will post earnings of $0.34 per share for the quarter, up from their previous forecast of $0.33. Whil...


Michael Oher accused of assaulting Uber driver

Police say the driver put his hands up towards Oher's face, and Oher then allegedly pushed the victim to the ground. According to the Metropolitan Nashville...


Shake Shack: Nice Earnings. Too Bad About the Sales Guidance

The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink . Analysts set a 12-month price target of $43.43 a share. Th...


State Department announces 'extreme vetting' proposals for visa applicants

USA immigration officials had previously screened the social media accounts of selected visitors at border checkpoints, but visa applicants had been exempt fr...


USA trade deficit down in March

The merchandise trade gap shrank to C$135 million ($98 million) from a revised C$1.08 billion in February, Statistics Canada said Thursday in Ottawa. Meanwhile,...


VW Group Sees Profits Jump 40 Percent In First Quarter

Group profit before tax rose 44.3% to 4.6bn euros (£3.9bn), one of the carmaker's highest quarterly results to date. Group sales revenue rose by 10.3 percent ye...


South Asian Satellite: PM says dream & commitment fulfilled

Initially, it was to be named "Saarc Satellite" but its name was changed to South Asia Satellite after Pakistan refused to join the project. The GSLV-F09 rock...


China's New Airliner Sets Sights on Boeing and Airbus

In an earlier development, an evaluation committee consisting 63 aviation specialists from across China has agreed that the C919 - a twin-engine, narrow-body ai...


DD eyes hat-trick of wins, face Mumbai Indians

Though Delhi have won their last two matches against Sunrisers Hyderabad or Gujarat Lions in style but Rohit Sharma led Mumbai Indians are unlike those teams. F...


Congress puts airlines on notice about customer service

Munoz apologized repeatedly for the removal of David Dao, 69, who last month refused to give up his seat to make room for airline employees. Representatives ...


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

While we are pleased with these results and our continued progress in the integration of our business, the first quarter is our smallest, and to reach our full-...


UK car sales fall 20 pct in April after bumper March

Demand fell across the industry with private buyers, businesses and large fleets falling -28.4 per cent, -21.0 per cent and -12.3 per cent respectively. New veh...


WGC: India's gold jewellery demand up 16%

Global gold demand declined 18 per cent year-on-year during the first quarter of 2017, in part due to reduced investor appetite. The slide in demand for gold ...


Check your pockets: it's the last chance to spend old fivers

LAST year, the United Kingdom was introduced to a new £5 note. Retailers, banks and building societies may still accept the notes, however, it is up to them...


57 hedge funds buy NRG Energy, Inc. (NRG) for the first time

NRG Energy had a positive return on equity of 10.15% and a negative net margin of 47.59%. The firm also recently announced a quarterly dividend, which will be...


US Smartphone-Only Users More Active, But Drink More

It also found that 3.3 per cent of Americans had neither a mobile phone nor a landline. About 70% of each group was wireless only, while roughly 40% of all Uni...


Analyst Review Alert on Price Target: Sally Beauty Holdings, Inc. (NYSE:SBH)

Currently, the market capitalization of Sally Beauty Holdings Inc. The stock is now trading -3.01% below its SMA 50 and 4.52% above its SMA 200. Among 13 anal...