Finance

Author: 0 Liberum Capital Reaffirms Hold Rating for Wolseley plc (WOS)

Numis Securities Ltd lifted their price objective on shares of A.G. Barr plc from GBX 575 ($7.44) to GBX 652 ($8.43) and gave the company an "add" rating in a research note on Friday, March 31st. The company has market cap of 273.29 million GBP. It has a 31.09 P/E ratio. Global eCom provides a range of payment services, both online and by mobile, to accept, validate and settle payments in approximately 126 currencies across 146 countries, using any one of over 300 payment methods.

Author: 0 Here's Why Colgate-Palmolive Company (CL) Trending These Days

The analysts estimated mean EPS at 0.74 while the high and low EPS estimate stand at 0.76 and 0.72 respectively. Growth in earnings per share enables companies to increase dividends over time in a sustainable matter. It becomes significant when you consider how many shares are shorted versus the average daily volume, means how many days to cover those short shares at that volume.

Finance GOP lawmaker raises option of impeaching Trump over Comey
Author: 0 GOP lawmaker raises option of impeaching Trump over Comey

The commotion around Trump's statements on Flynn has somewhat obscured his no less chilling request that Comey jail journalists for publishing information based on leaks - something that has never happened in the history of this country. Chaffetz, a Republican, issued the letter following a request to do so in a more detailed letter [text, PDF] signed by the 33 Democrats on the House Oversight Committee and House Judiciary Committee.

Finance Snapchat parent company reports £1.7bn loss in first earnings report
Author: 0 Snapchat parent company reports £1.7bn loss in first earnings report

The company had aimed to accrue a further two million new users. That's an increase of 36% over year-ago levels but only a 5% gain from the previous quarter. " Snap user growth is nearly zero". And the cycle continues, as Facebook won't be far behind in copying that, too. Most recently, Facebook , which owns Instagram and once upon a time offered $3 billion to buy Snapchat, announced that Stories reached 200 million daily active users.

Finance U.S. stocks fall sharply on Trump woes; Dow -1.8%
Author: 0 U.S. stocks fall sharply on Trump woes; Dow -1.8%

Banks, which soared in the months since the election, slumped. OIL: Benchmark U.S. crude was up 45 cents, or 0.9 percent, at $49.11 per barrel in NY. Bank stocks, which outperformed in the post-election rally, were the worst hit on Wednesday. Benchmark U.S. crude rose 41 cents, or 0.8 percent, to close at $49.07 per barrel in NY.

Author: 0 Noble Energy Sells Marcellus Midstream to Quantum Energy Partners for $765 Million

The stock has "Buy" rating by UBS on Wednesday, January 6. On average, equities research analysts anticipate that Enable Midstream Partners will post $0.84 earnings per share for the current fiscal year. Also, the current price highlights a discount of 52.75% to analysts' high consensus price target. ↪ EnLink Midstream Partners, LP generates $1.05 in revenue for every $1 of expense, very similar to Western Refining Inc's $1.04.

Finance Springfield Gander Mountain to remain open
Author: 0 Springfield Gander Mountain to remain open

Better rents and better product". Lemonis also issued a statement on the company's website Monday to try to clarify confusion about the purchase of the company's assets in the more than 125 stores across the nation. All of the employees in the stores need to be helpful in making sure that they are able to recover their money . "My goal is to open at least 70".

Author: 0 Jason Aldean and Zac Brown Band Eulogize Chris Cornell

Cornell, 52, was found dead in his Detroit hotel bathroom on Wednesday night after playing a concert in the city with the grunge band. Billboard described Cornell as being in "fine form and spirits" during Soundgarden's show last night.

Author: 0 United States inventories of oil, gasoline fall in latest week

WTI (West Texas Intermediate) crude oil (UCO) (XLE) (USO) futures contracts for June delivery rose 0.84% and closed at $49.07 per barrel on May 17, 2017. Leaders from OPEC and other producers meet in Vienna on May 25 to decide on output policy. The International Energy Agency said on Tuesday commercial oil inventories in industrialized countries rose 24.1 million barrels in the first quarter of 2016.

Finance Trump's Latest Political Mess Helps Push Gold Prices Higher
Author: 0 Trump's Latest Political Mess Helps Push Gold Prices Higher

There were media reports of a leaked memo written by former FBI Director Comey which suggested that Trump had asked for the investigation into former National Security Adviser Flynn to be stopped. An unexpected fall in US homebuilding meanwhile added to a run of weak economic data, raising new doubts about how many times the Federal Reserve will raise interest rates this year.

Author: 0 EU, US hold 'robust' talks on possible airline laptop ban

If this morning's reports from the BBC and other sources have it right, the ban on in-cabin laptops will not be extended to include additional flights from Europe to the U.S. Homeland Security Secretary John Kelly was mulling "next steps" and would make any decision based on an evaluation of threats, the official said on condition of anonymity.

Author: 0 Amazon Echo Show with 5MP front camera, 7-inch touchscreen unveiled

The official announcement of the recently leaked Amazon Echo with a touchscreen is closer than most expected, with Amazon said to be preparing to unveil the device as soon as Tuesday, May 9. Echo Show is also an expertly tuned speaker that can fill any room with immersive audio powered by Dolby. But if you want Alexa's new calling features on a budget, you can pick up the Echo Dot for just $49.99 or use the free Alexa app for your smartphone or tablet.

Finance Brazil's president denies authorizing payments to silence politician
Author: 0 Brazil's president denies authorizing payments to silence politician

According to Globo , federal police filmed the payment to the senator's cousin. Brazilians, however, are overwhelmingly opposed to his austerity measures and the president's approval rating hovers at around 10 per cent. Brazil's Bovespa stock index lost 9 percent, its steepest fall since the 2008 financial crisis, on concerns the investigation could derail Temer's sweeping fiscal reforms.

Author: 0 From U.S. House Floor, Texas Democrat Calls For Trump's Impeachment

On Dec. 19, 1998, the House of Representatives impeached Clinton on the grounds of perjury and obstruction of justice in connection with an extramarital affair he had with White House intern Monica Lewinsky. The Comey firing came despite him conducting an open-ended counter-intelligence investigation into Russian interference in the USA election, where President Trump was not the subject of the investigation.

Author: 0 Lib Dem manifesto is a pitch to become the leading opposition party

The party commits to creating a legal market for the production and sale of the substance in its manifesto, making it one of the first political parties to fight an election on a ticket of relaxing drug laws. Priorities for the party's nine MPs will be to protect rights of EU and United Kingdom citizens, including simplifying the citizenship process, and to campaign for continued membership of single market and customs union.

Finance Expert finds more North Korea links in ransomware attack
Author: 0 Expert finds more North Korea links in ransomware attack

Those who do shouldn't expect a quick response - or any response at all. As a result, ransom notes were displayed on movie screens in 30 branches nationwide promising to decrypt the infected computer files after a payment. "When you demand a ransom, you have to get that money back". So far, F-Secure hasn't provided more details. But the inefficiency of the payment model makes Hickey wonder whether the hackers were really after money.

Finance Warren Buffett criticises Wells Fargo, defends 3G at wide-ranging meeting
Author: 0 Warren Buffett criticises Wells Fargo, defends 3G at wide-ranging meeting

He had long disdained the industry, which had gone through many bankruptcies, but said he is confident it will not resort to "suicidally competitive" strategies that could spell doom. He added the company had become too accustom to paying fines much larger than the $185 million it paid the Consumer Financial Protection Bureau and didn't properly assess the severity of the misconduct.

Finance GM to stop making cars for Indian market
Author: 0 GM to stop making cars for Indian market

After struggling to find its feet for around two decades in one of the most competitive automobile markets in the world, the US-based General Motors Company has chose to stop selling cars in India from the end of this year. "It would also not help us achieve a leadership position or compelling, long-term profitability in the domestic market", he added. GM's exports from India , mainly to Mexico and Latin America, almost doubled to 70,969 vehicles in the fiscal year than ended on March 31.

Author: 0 Kuwait Joins Saudis, Russia to Seek Oil-Cuts Extension Into 2018

Brent crude oil was up 30 cents at $52.12 a barrel by 1335 GMT. The U.S. West Texas Intermediate crude June contract ticked up 27 cents, or around 0.6%, to $49.12 a barrel by 8:55AM ET (12:55GMT). Saudi oil minister Khalid al-Falih said Monday the deal extension would have the same volume allocations that were included in the December agreement.

Finance Nevada governor signs law banning conversion therapy for LGBTI youth
Author: 0 Nevada governor signs law banning conversion therapy for LGBTI youth

HRC praised Nevada Republican Governor Brian Sandoval for signing into law Senate Bill (SB) 201 - legislation protecting LGBTQ youth in the state from the risky and discredited practice of so-called "conversion therapy". Bruce Rauner signed Illinois', and Chris Christie signed New Jersey's shortly before his fall from grace. "The American Psychological Association has linked conversion therapy to depression, substance abuse and even suicide - risks that are particularly acute for youth", ...

Finance Fallout over Trump reports weigh on global stocks and the dollar
Author: 0 Fallout over Trump reports weigh on global stocks and the dollar

Stocks retreated Thursday, after the government announced a lower-than-expected first-quarter economic growth and regional markets sank over political controversies surrounding US President Donald Trump. The VIX last week closed at 9.77, its lowest close since December 1993. Bank stocks - which had one of the strongest runs in the wake of Mr. Trump's victory in November - were among the hardest hit.

Finance Pemberton Music Festival cancelled, no automatic refunds for ticketholders
Author: 0 Pemberton Music Festival cancelled, no automatic refunds for ticketholders

A notice of bankruptcy was posted to the festival's website on Thursday. Ticketholders may file a proof of claim form with Ernst & Young, which is the festival's trustee in bankruptcy. PMF now joins the Squamish Music Festival, which was cancelled past year. Last summer, it was revealed a group of security guards were still owed money for working at the festival the year before.

Author: 0 Texas congressman calls for Trump's impeachment on House floor

And regarding a separate report - also disputed by the White House - that Trump shared classified intel with the Russians, Republican Virginia Rep. James Comey, whose firing as Federal Bureau of Investigation director last week triggered a political firestorm, wrote a memo detailing Trump's comments to him in February saying "I hope you can let this go", referring to the Flynn probe, according to a source who has seen a memo written by Comey.

Finance Ralph Lauren names P&G executive Patrice Louvet as CEO
Author: 0 Ralph Lauren names P&G executive Patrice Louvet as CEO

Louvet will take up his position as president and chief executive officer on July 17, the fashion company announced from its NY headquarters. " Finding the right partner to work with me to take us forward in our evolution has been my primary focus over the last several months and I am thrilled that Patrice is joining our talented team ", Lauren said in a statement.

Finance Hillary Clinton Takes a Swipe at The Media in French Election Tweet
Author: 0 Hillary Clinton Takes a Swipe at The Media in French Election Tweet

Morocco's King Mohammed VI in a congratulatory message to Macron, said partnership between Morocco and France, under the presidency of Macron, "will gain in depth and intensity". Macron's victory is a relief for Germany, the main defender of the European Union against rising anti-establishment sentiment on the right and left of the political spectrum.

Author: 0 X-ray services at Basingstoke hospital hit in NHS cyber attack

There is no evidence that patient data has been compromised in the hack which affected around 1% of computers in the NHS in Scotland, the Scottish Government said. "They were in for more than 10 hours on Sunday working to get our computers up-and-running". "These alerts included a patch to protect their systems".

Finance United Airlines earns naming rights to LA Coliseum
Author: 0 United Airlines earns naming rights to LA Coliseum

As of now, an official name for the stadium - and how United will be incorporated - is unclear. USC is reportedly in line for a big pay day. United Airlines is set to buy the naming rights to the Los Angeles Memorial Coliseum, home of the USC football team, according to Michael Smith and John Ourand of Sports Business Daily .

Author: 0 Most Mortgage Rates Eased Significantly Today

Freddie Mac's Chief Economist Sean Becketti said that the survey came too late to see the impact from Wednesday's decline in Treasury yields. "Recent political turmoil and some not-so-great economic data have the stock market a bit jittery", Kuiper said.

Author: 0 Trump administration announces plan to renegotiate NAFTA

The trade representative's statements also did not include the type of harsh rhetoric the president has used to describe NAFTA. Our hope is that the Administration will work to ensure that a re-negotiated NAFTA and all future agreements make it even easier for US insurers to do business around the world without jeopardizing the benefits the NAFTA now offers.

Finance ACLU Files to Get Comey's Memo on Trump Conversation
Author: 0 ACLU Files to Get Comey's Memo on Trump Conversation

Sheldon Whitehouse, D-R.I., a former US attorney. Senator Grassley and I have invited FBI Director Comey to testify before the Judiciary Committee. "Any one of these facts in isolation may be problematic but may not be sufficient". But she said "it's very hard to characterize this one encounter as obstruction of justice".

Author: 0 Conservative Ghalibaf withdraws from Iran presidential race

Hardline Tehran mayor Mohammad Bagher Ghalibaf , who quit the race to shore up support for Raising, used Twitter and Telegram to release documents accusing his rivals of corruption. If no candidate win more than 50 percent of the votes in the election on May 19, a run-off will be held a week later. Iranian president and presidential candidate Hassan Rouhani attends a campaign rally in the capital Tehran on May 13, 2017.

Author: 0 Ford to cut 10pc of global workforce, report says

Ford has roughly 30,000 salaried employees in the United States. Following initial reports of Ford's impending job cuts, investors hardly rallied. But the company announced last month that it is looking to reduce costs by $3 billion in order to offset efforts to invest in "emerging opportunities".

Author: 0 Chinese fighter jets intercept United States aircraft

Known as "Constant Phoenix", the WC-135 aircraft "sniffs" for radioactive isotopes in the atmosphere that are the tell-tale signs of a nuclear test. "The WC-135 was operating in accordance with worldwide law", air force spokeswoman Lt. In that incident, a US official told CNN the US Navy plane had to alter course to ensure there wasn't a collision with what one official said was a People's Liberation Army Air Force KJ-200.

Finance White House advisers postpone Paris climate deal meeting
Author: 0 White House advisers postpone Paris climate deal meeting

Ivanka Trump, Secretary of State (and former ExxonMobil CEO) Rex Tillerson and Defense Secretary James Mattis are in favor of the U.S. remaining a signatory . Espinosa refused to comment on the impact of a possible USA withdrawal from the talks or even the entire climate change accord. Trump's advisers and cabinet heads were divided over whether Trump should keep his campaign promise to pull the United States out of the agreement - or stay and try to reshape it, Reuters reported .

Finance Iowa State Bank Increases Stake in salesforce.com, inc. (CRM)
Author: 0 Iowa State Bank Increases Stake in salesforce.com, inc. (CRM)

As the earnings date approaches, we can see that insider ownership is now 0.10% shares, and institutional ownership is at 87.00% for Salesforce .com, inc. CRM also presents with an Average True Range reading of 1.18. Salesforce .com Inc allayed concerns about a slowing pace of growth after it reported quarterly deferred revenue that came above its estimate on Thursday.

Author: 0 Up-To-Date Stock Report: Encana Corporation (ECA)

CIBC World Markets Inc. raised its stake in Encana Corp by 20.4% in the third quarter. ECA generated revenue of $850.87 Million in the same quarter, one year ago. The correct version of this news story can be viewed at https://www.themarketsdaily.com/2017/05/18/encana-corp-eca-shares-bought-by-guggenheim-capital-llc-updated-updated-updated.html.

Author: 0 Auto plows into Times Square crowd; 1 dead, at least 22 hurt

The New York Post reported that when the auto eventually crashed into a pole, the driver got out of the vehicle and tried to run away, according to witnesses. Witnesses described a shocking scene of screams and panic at Times Square, one of the world's most visited sites. In previous arrests, he told authorities he believed he was being harassed and followed, one of the law enforcement officials said.

Finance SPDR S&P Retail (XRT) Sees Significant Decrease in Short Interest
Author: 0 SPDR S&P Retail (XRT) Sees Significant Decrease in Short Interest

May 17 is a negative day so far for SPDR Dow Jones Industrial Average ETF (NYSEARCA:DIA) as the ETF is active during the day after losing 1.4% to hit $207.02 per share. Shares of SPDR S&P Retail ( NYSE:XRT ) opened at 40.88 on Thursday. WARNING: This news story was originally posted by Chaffey Breeze and is owned by of Chaffey Breeze.