Money

Infosys crisis: Chairman R Seshasayee must quit, says former CFO Balakrishnan

Seshasayee, with calls from former board members for the chairman's head to roll. The three also questioned the high severance package given to two former senio...


Mead Johnson bought in $17.9 billion deal

As per the consensus estimate, the company's year-on-year revenue growth is expected to be at -5.38% during the period. The company's health brands are therefor...


Markets cheer Trump's 'phenomenal' tax plan

The Dow Jones Industrial Average was up 0.3% to 20,231.98, the S&P 500 gained 0.23% to 2,313.09 and the Nasdaq was 0.17% higher to 5,724.65 at 1517 GMT. Oil p...


Sunderland boss David Moyes sweating on injuries ahead of Saints' visit

This is the type of signing that we all need to get used to seeing from the Saints. "We can have one week to prepare this game and it is fantastic for us". Wi...


Sears says to cut $1 billion in costs, shares surge 40 percent

It did not announce new store closures Friday, but said it would "actively manage our real estate portfolio to identify additional opportunities". The company...


Tough federal bank regulator calls it quits

The resignation of Daniel Tarullo, the Federal Reserve's de facto head of bank regulation, is another step forward for the Trump administration's plan to ease...


Manulife Financial Corp (MFC) Shares Sold by Zurcher Kantonalbank Zurich Cantonalbank

Shares are 21.8% higher in the last three months on expectations that Trump's presidency will send interest rates higher. Manulife Financial Corporation (NY...


Ford to invest $1 bln in autonomous vehicle tech firm Argo AI

Ford hopes to bring autonomous vehicles a little closer to reality through its partnership with an artificial intelligence company. Argo AI will help Ford dev...


Whole Foods cuts 2017 profit, sales forecasts as growth lags

Other hedge funds also recently modified their holdings of the company. Whole Foods now operates 469 stores in the U.S., Canada and U.K. The company opened ...


Shares of Hewlett Packard Enterprise Company (HPE) Sees Large Outflow of Money

Tracking the stock price in relation to moving averages may provide enhanced perspective on stock performance. Executives hold 0.09 percent of the stock. Whil...


YouTube Live Streaming Debuts on iPhone and iPad

YouTube opened live streaming for small creators in 2013, nearly two years after it was started for larger YouTubers. In 2016, YouTube also released the worl...


GM Earnings, Sales Top Estimates As Tesla Competition Seen Growing

In the past four quarters, the Detroit, Michigan-based automaker has beaten analysts' earnings per share estimates by more than 10% every single time. The c...


Fayetteville Top Five on 2017 Best Places to Live List

U.S. News & World Report polled people throughout the country and asked them to vote on where they were most interested in living. Fayetteville received a val...


Theresa May wins crucial vote in UK Parliament to start Brexit

The Brexit bill allowing the United Kingdom government to begin the formal process of leaving the European Union is due to reach its final stages in the House...


BP experience a fall in share price as they announce Q4 results

Underlying replacement cost profit rose to $400 million from $196 million in the same period past year. Shares in the oil firm dropped 2.5 per cent at the ope...


Pfizer, Inc. (PFE) Shares Sold by Muhlenkamp & Co. Inc

Gould Asset Management Ca reduced its stake in Pfizer by 1.17% during the most recent quarter end. First National Bank Sioux Falls raised its stake in Pfizer by...


Honda Motor, Hitachi Automotive to form JV for electric vehicles

The latest joint ventures by Japan's third-biggest automaker are part of its strategy for new-energy cars to comprise two-thirds of its vehicle line-up by 2030 ...


BNP Paribas Narrowly Misses Q4 Profit Estimate, But FICC Revenues Rise

The "new 2020 ROE target may be below expectations", UBS analysts said in a note to clients. Corporate banking revenues, however, slipped 4.9% year-on-year to a...


New Zealand's Central Bank Holds Rates, But Says Kiwi Is Too Expensive

The full February monetary policy statement , including the RBNZ's economic projections, can be accessed here. But we agree with the RBNZ that interest rates w...


Wolf budget proposal includes fee for state police protection

The lack of tax hikes in Pennsylvania Governor Tom Wolf's new budget plan is likely to please the Republican majority in the legislature, but will the Senate...


Trump Won't "Rule Out" Defunding California Over Sanctuary State Bill

The president didn't respond specifically to O'Reilly's prompting about California becoming a "sanctuary state", but reiterated his opposition to sanctuary citi...


BOE's Charlotte Hogg Named Deputy Governor for Banking and Markets

But it was the departure of Professor Forbes that had economists interested, as was said to have potentially significant implications for interest rate prospect...


Starbucks Corporation (NASDAQ:SBUX): Up to Date Analyst Ratings

The company reported the earnings of $0.52/Share in the last quarter where the estimated EPS by analysts was $0.52/share. Institutional investors own 68.69% of ...


Healthcare Stocks To Watch: Allergan plc (AGN), Mylan NV (MYL)

The stock has been active on the tape, now trading at $232.61, down from yesterday's close by -0.78%. Over the past five trading sessions shares of Mylan N.V....


Pernod Ricard delivers 'strong' H1 results, with Jameson in demand

The company also flagged improving trends in travel retail and in Russian Federation as well as improved sales of Absolut, Martell and Chivas. Absolut, Martell ...


Is CVS Health Corporation (NYSE:CVS) a Long Term Growth Play?

Edgemoor Investment Advisors Inc. increased its position in shares of CVS Health Corporation by 1.0% in the third quarter. Mizuho upped their price target on ...


Republican Leaders Propose Carbon Tax, Seek Solution To Climate Change Risks

The new pitch is laid out in a paper by the Climate Leadership Council - whose membership includes former GOP Treasury Secretaries James Baker , Henry Paul...


BHP Billiton greenlights Mad Dog Phase 2 investment

BLT has been the subject of a number of other reports. The firm's market cap is $90.04 billion. The companies 50 day moving average is 1363.55 and its 200 day...


Cleanup In Aisle 1: Whole Foods Misses Expectations With Q1 Sales, Outlook

Jefferies has a Hold rating and lowered its price target to $27 from $31. (NASDAQ: WFM ) is over 2% above analysts' consensus price target of US$30.53. Conning ...


Trending Stocks: Walgreens Boots Alliance, Inc. (NASDAQ:WBA), SAP SE (NYSE:SAP)

The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website . Walgreens Boots Alliance, Inc . (NASDAQ:WBA) s...


Trump Threatens To Pull California Funding Over Sanctuary State Plan

No evidence exists to say for certain whether sanctuary cities are more or less risky due to their immigration policies. The president didn't respond specif...


The Rentokil Initial plc's (RTO) "Add" Rating Reaffirmed at Peel Hunt

Seven equities research analysts have rated the stock with a buy rating, The company has an average rating of "Buy" and an average price target of GBX 220.50 ($...


AFCON 2019 qualifier: Nigeria will beat South Africa - Rohr

Surprisingly, Nigeria climbed nine places to 41st on the rankings despite missing out of the 2017 African Cup of Nations (AFCON) in Gabon. Algeria were big lo...


USA unemployment claims fall to 12-week low

The four-week moving average decreases the volatility of the weekly numbers. The number of Americans seeking unemployment benefits dipped to a 12-week low at ...


Stock's Buzzers: General Motors Company (NYSE:GM), Akamai Technologies, Inc. (NASDAQ:AKAM)

Akamai Technologies , Inc. has 1 year price target of $69.95. Akamai Technologies , Inc. P/E (price to earnings) ratio is 36.03 and Forward P/E ratio of 22.17....


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