Business

Author: 0 Just Eat PLC's (JE) "Overweight" Rating Reaffirmed at JPMorgan Chase & Co

Numis Securities Ltd reiterated an add rating and set a GBX 325 ($4.05) price target on shares of Moneysupermarket.Com Group PLC in a report on Thursday, January 19th. The firm also recently declared a dividend, which will be paid on Thursday, April 6th. This represents a yield of 1.23%. If you are viewing this piece of content on another domain, it was stolen and reposted in violation of worldwide trademark and copyright legislation.

Business Protesters Stall Osinbajo's Meeting With Stake Holders in Edo
Author: 0 Protesters Stall Osinbajo's Meeting With Stake Holders in Edo

The meeting is part of an ongoing negotiation interface with the oil producing communities in the region. "I can tell you how many of these projects are supposed to have been completed and when you look into some books, they said they had been completed but they have not been completed".

Author: 0 IEA: Revival in Oil Investments After Two-Year Drought

While demand will put pressure on prices, so will lack of investment on the supply side. "Investment must increase at least 20 percent every year to compensate for demand growth", said Birol, a Turkish economist and energy expert who has headed the IEA since 2015.

Business Home Depot Canada looking to fill 2800 new positions in Ontario
Author: 0 Home Depot Canada looking to fill 2800 new positions in Ontario

Clark Capital Management Group Inc. boosted its stake in Home Depot, Inc. The company's significant exposure to global markets makes it vulnerable to currency headwinds. In fiscal 2016, The Home Depot had sales of $94.6 billion and earnings of $8.0 billion. The business had revenue of $23.20 billion for the quarter, compared to the consensus estimate of $23.05 billion.

Author: 0 Trump urges Obama 'abuse of power' probe

Kellyanne Conway, counselor to President Trump, stands outside the West Wing during an interview at the White House Monday. On Monday, senior administration officials contorted themselves trying to defend the president's claims, which seemed to emanate largely in response to a rant on conservative talk radio and in an article on Breitbart News , the conservative website that Stephen K.

Author: 0 Russian Federation says too soon to talk of extending global oil output curbs

The industry is in much better spirits, thanks to the higher price levels and the belief the oil market is on its way to rebalancing. In January Azerbaijan produced 793,900 barrels of oil per day. "We are seeing that the Canadian crude needs an outlet outside of Canada, If it all goes to the USA, or if we get pipelines to bring it to the markets where the demand for crude will be needed, most notably Asia, it will depend on getting the infrastructure approved in time", said Toril Busoni, an ...

Author: 0 IEA warns of oil supply crunch unless drillers build new projects

This year, it's "evident" that under the Organization of the Petroleum Exporting Countries-led production cut agreement, output reductions are taking place just as production from the non-OPEC sector, led by the US, is recovering. "Oil prices are above $50 a barrel, companies are generating cash and are starting to talk about growth again, we are at that point of the cycle". "We give a positive estimate [to implementation of the oil production limiting agreement]; the progress in agreement ...

Author: 0 US Oil Production Rising Ahead Of CERA

Crude prices could spike sharply in a few years unless the oil industry starts soon to invest in major projects again, the International Energy Agency warned on Monday. Since the election, refiners are up 10%, while oil producers have gained less than 2%. Benchmark Brent crude settled at $56.01 a barrel on Monday. But drillers cut spending by hundreds of billions during the oil bust.

Business Yellen Says Rate Plans Based on Current Conditions, Not Possible Trump Policy
Author: 0 Yellen Says Rate Plans Based on Current Conditions, Not Possible Trump Policy

Speeches from Fed Chair Janet Yellen and Vice Chair Stanley Fischer on Friday are now widely expected to be the final piece of the puzzle, along with next week's non-farm payrolls. "Imagine we see a massive surprise to the downside - how will that affect the Fed's thinking?" Brainard and Dudley are thought to be among the Fed's more dovish members.

Author: 0 Uncertainty on Global Oil Market Remains Despite Output Cuts Deal

Azerbaijan's average oil production this year is expected to stand at between 800,000 bpd and 807,000 bpd. In accordance with the Vienna agreement reached by OPEC and non-OPEC countries on December 10, 2016, Azerbaijan has submitted the data on oil output for February to the Joint Technical Commission of the Joint Monitoring Committee.

Business Exxon Mobil (NYSE:XOM), Schlumberger (NYSE:SLB)
Author: 0 Exxon Mobil (NYSE:XOM), Schlumberger (NYSE:SLB)

XOM has been the subject of several other research reports. Nelson Roberts Investment Advisors LLC increased its position in shares of Exxon Mobil by 0.5% in the second quarter. This news story was first reported by Chaffey Breeze and is the sole property of of Chaffey Breeze. If you are reading this article on another publication, it was illegally copied and republished in violation of United States & worldwide copyright & trademark legislation.

Author: 0 Trump Seeking Records of Obama 'Tapping' Related to Russia Probes

Just found out that Obama had my " wires tapped" in Trump Tower just before the victory. The call comes after Mr Trump claimed that Mr Obama had ordering a " wire tap" on the telephones in Trump Tower but he offered no evidence for the allegation at the time .

Author: 0 IEA warns on need for oil supply growth

Another oil supply glut triggered by rising U.S. crude production is on the horizon, according to Dr Fatih Birol, executive director of the International Energy Agency. Non-OECD oil demand growth will increase by 8.5 million bpd, meaning consumption in these countries will be 28 percent higher than that in the OECD by 2022, the IEA said.

Business IGI second best airport in world
Author: 0 IGI second best airport in world

Dallas's Love Field was also recognized different category, tieing for third place with airports in San Antonio, Austin and three Canadian cities in the competition for best airport in North America with at least 2 million passengers. Malta International Airport obtained its highest score to date in this survey, which measures passengers' overall satisfaction with their airport experience, including staff efficiency and courtesy, ease of way finding and airport facilities.

Business Mistry family firms not qualified to file plea against Tata Sons: NCLT
Author: 0 Mistry family firms not qualified to file plea against Tata Sons: NCLT

Last month, the bench had heard both the firms on the issue of maintainability of a petition, in which the Mistry family firms had alleged oppression of minority shareholders' rights and mismanagement at the Tata group. Mistry was removed as director of Tata Sons on February 6 at a shareholders meeting after his side failed to get a stay on it from the Tribunal and its appellate body in Delhi, the Nataional Company Law Appellate Tribunal (NCLAT).

Business Markets end at two-year highs
Author: 0 Markets end at two-year highs

At 12.32 p.m, the Sensex was trading up 169.70 points or 0.59% at 29,002.15 with 20 components gaining. The stock rose to Rs 1309.90 on BSE, a fresh 9-year high, with recent rating upgrades by top brokerages attracting investors to the counter.

Business Analysts Recommended this Stock: General Motors Company (NYSE:GM)
Author: 0 Analysts Recommended this Stock: General Motors Company (NYSE:GM)

The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink . General Motors Company ( NYSE:GM ) opened at 38.23 on Monday. 01/25/2017 - Ford Motor Company had its "hold" rating reiterated by analysts at Deutsche Bank. Over the last quarter, insiders have sold 172,403 shares of company stock valued at $2,187,086.

Author: 0 Performance of Regency Centers Corporation (REG) Compared to Index

MGIC Investment Corp. (NYSE:MTG) share price Jumped 0.66% to reach $10.66 during the last trading session. The company has a 50-day moving average of $69.91 and a 200 day moving average of $71.94. Analysts, on average, forecast Regency Centers Corporation to earn $0.4 per share (EPS) on revenue of $153.93M. In other Regency Centers Corporation news, Director Bryce Blair bought 1,486 shares of the firm's stock in a transaction dated Thursday, December 22nd.

Author: 0 General Motors Announces $2.33 Billion Sale of European Arm to Peugeot's Owner

Peugeot seems confident it can turn things around and get Open and Vauxhall back on track in Europe. He told a press conference in Paris: "We do not need to shut down plants". GM Europe have also reportedly been concerned about increased United Kingdom production costs post-Brexit. At this stage it's uncertain in what guises the Vauxhall and Opel brands will continue, but from early comments made by PSA boss Carlos Tavares, it seems that the two companies will continue unchanged for now.

Author: 0 Opel sold to Peugeot in €2.2bn deal, SA effect still unknown

With the 2.2 billion euro ($2.33 billion) deal announced Monday, GM is giving up brands - Opel in Germany and Vauxhall in Britain - that have given it a foothold in the world's third-largest auto market since the 1920s. It sparked fears in Germany and Britain that the prospective new owner could cut non-French jobs. Tavares added: "We respect all that Opel/Vauxhall's talented people have achieved as well as the company's fine brands and strong heritage".

Business Banks told to reconsider charges on cash transactions by government
Author: 0 Banks told to reconsider charges on cash transactions by government

If the balance is short by 50 percent, the penalty will be Rs 50 plus taxes. Failing to maintain monthly average balance in accounts will attract penalty up to 100 rupees plus service tax. SMS alerts: SBI will also impose Rs 15 for SMS alerts per quarter from debit card holders who maintain average quarterly balance of up to Rs 25,000 during the three months.

Business 300 flights cancelled as French air traffic control strike begins
Author: 0 300 flights cancelled as French air traffic control strike begins

British Airways has cancelled flights to and from France, and other short-haul destinations using French airspace are likely to be disrupted. Lobby group Airlines for Europe (A4E) warned that more than 1,000 flights are expected to be cancelled this week as carriers have been asked to slash their services by 25%.

Author: 0 PSA Group supervisory board approves Opel and Vauxhall takeover

According to Reuters , the PSA supervisory board approved the acquisition on Friday and an official announcement is planned for Monday, Reuters said, citing unnamed sources. By acquiring Opel, PSA wants to add 1.2 million in annual deliveries. The French carmaker also expects savings of up to 2 billion euros ($2.1 billion) from the tie-up, sources have said.

Business Air India says all-female crew flies around the world
Author: 0 Air India says all-female crew flies around the world

Air India said that the Boeing 777 flew over the Pacific Ocean on its trip to the U.S., while its return journey was over the Atlantic, encircling the globe. "The entire message is actually to encourage young girls who have dreams of getting into the skies and they feel it's too technical or this is something only men do".

Business Trump says he's open to legal path for unauthorized immigrants
Author: 0 Trump says he's open to legal path for unauthorized immigrants

Steve Scalise, told CNN he hoped Trump would double down on border security, but signaled he wasn't ready to embrace any potential compromise dealing with those undocumented workers in the U.S. Congress, not the president, appropriates money - especially when tens of billions are at issue. Trump said Owens "laid down his life for his friends, for his country, and for our freedom - we will never forget him".

Author: 0 Peugeot moves forward, on its way to buy General Motor's Opel

GM's European business has failed to book a profit since 1999 . General Motors and the French conglomerate are not on their first deal, as the two automakers have previously signed an alliance that involves sharing some platforms to reduce costs.

Business Hundreds of supporters rally for Trump in Bensalem
Author: 0 Hundreds of supporters rally for Trump in Bensalem

Trump had suggested that people should hold their own rally to counter rallies held against him. Patrick Colbeck told the crowd on the state capitol lawn. "Because of the nature of the crowd, police are not always able to make immediate arrests without inciting further violence or injuring peaceful bystanders", the alert said.

Business Fastlane Results: Will Goldberg Hit WrestleMania as Universal Champ?
Author: 0 Fastlane Results: Will Goldberg Hit WrestleMania as Universal Champ?

As Owens turned, incredulous that his long-time best friend had arrived, Goldberg promptly hit a spear. Then, like any good dad, Goldberg celebrated by handing the title belt to his son in the front row. Jack Gallagher cracked fellow Englishman Neville with three audible head-butts and a back superplex but was still unable to win the Cruiserweight Title in arguably the match of the night.

Author: 0 UK will `fight back´ over Brexit trade deals, warns Chancellor

The Chancellor didn't mince his words as Theresa May gets ready to trigger Article 50, saying the "British people have a great fighting spirit". Asked if this meant the United Kingdom would slash taxes to attract investment away from the European Union, the Chancellor said: "People can read what they like into it".

Business Fed chair hints at rate hike
Author: 0 Fed chair hints at rate hike

Speaking at The Executives' Club of Chicago on Friday, Yellen said that as long as there aren't any major surprises from indicators on jobs and inflation over the next few days, a rate hike "would likely be appropriate" at the Fed's next meeting, which concludes on March 15.

Business Another Indian Shot Outside His House in the US
Author: 0 Another Indian Shot Outside His House in the US

Condoling the death of Harnish Patel, Swaraj said that the Indian counsul had reached Lancaster and met the victim's family. The death comes on the heels of several attacks on Indian-origin men in the last few days. Kent police have launched an investigation into the case and reached out to the FBI and other law enforcement agencies. "My heartfelt condolences to the bereaved family", she tweeted.

Business Pressure mounts for Trump's top lawyer to resign
Author: 0 Pressure mounts for Trump's top lawyer to resign

U.S Attorney General Jeff Sessions arrives to attend a speech by President Donald Trump at a joint session of Congress in Washington , February 28. Recusing himself from a government probe of possible Trump campaign connections to Russian hacking of emails involving Hillary Clinton is the least Attorney General Jeff Sessions can do.

Business Timeline: How Russia is haunting Donald Trump
Author: 0 Timeline: How Russia is haunting Donald Trump

The photo showing Putin and Schumer together was shot when Putin was visiting NY to celebrate the expansion of Russian-owned Lukoil gas stations, NBC News reported. In Congress, meanwhile, at least five standing committees and one subcommittee are in various stages of investigations into Russian interference in the US election and reported contacts between Trump associates and Russian officials.

Business Deutsche Bank CEO threatens to dilute stock's value
Author: 0 Deutsche Bank CEO threatens to dilute stock's value

Earlier Friday, Bloomberg reported that Deutsche Bank was planning to raise more than $10 billion through a capital raise and partial sale of its asset management business. Deutsche Bank declined to comment. The Deutsche Bank chief executive is threatening to anger shareholders by diluting the stock's value, the latest in a string of tough-love measures that's seen him sell off businesses, slash thousands of jobs and all but eliminate bonuses for anyone who's left.

Author: 0 Best stocks of the day: BB&T Corporation (BBT)

Shares of BB&T Co . Other hedge funds have also recently added to or reduced their stakes in the company. FTB Advisors Inc. raised its stake in shares of BB&T Co .by 18.4% in the third quarter. The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 1st. Shareholders of record on Friday, February 10th will be paid a dividend of $0.30 per share.

Business China's economy concerns mount as thousands gather for congress
Author: 0 China's economy concerns mount as thousands gather for congress

China has been modernising its armed forces recently as its economy expands. "We will continue to stick to the principle "one country, two systems" fully and comprehensively focusing on ensuring the high level of self-administration, under which Hong Kong's residents rule in Hong Kong themselves", Li said, adding that the calls for Hong Kong's independence had no prospects.

Business Caterpillar Sued by Investor After Corporate Offices Raided
Author: 0 Caterpillar Sued by Investor After Corporate Offices Raided

Authorities say the IRS and other federal agencies took part in the execution of the warrants at three of the company's central IL facilities. That subsidiary was also the subject of a 2014 Senate committee report that charged Caterpillar "shifted billions of dollars in profits away from the United States".

Author: 0 Technical Glance At Energy Stocks: Enbridge Inc. (ENB), Oasis Petroleum Inc. (OAS)

Price Target is basically a projection of future price of a company's stock by the expert analysis of investment analysts or investment firms. Finally, Williams Capital cut shares of Oasis Petroleum from a "buy" rating to a "hold" rating and boosted their price objective for the stock from $16.00 to $16.50 in a research report on Tuesday, January 3rd.

Author: 0 Best stocks of the day: American Airlines Group Inc. (AAL)

Equities analysts forecast that American Airlines Group will post $4.62 EPS for the current year. (NASDAQ:AAL), from Services sector has been performing well. UATP declared recently that it is partnering with the Swedish FinTech company Trustly, enabling airlines to easily accept instant online bank payments for ticket purchases across Europe.

Author: 0 Is Cobalt International Energy, Inc. (NYSE:CIE) Preparing For A Breakout Trade?

Analysts are speculating a 604.23% move, based on the high target price ($5) for the shares that is set to reach in the next 12 months. Insider Trades for Cobalt International Energy, Inc. (NYSE:CIE) reported its Actual EPS of $-0.53/share. The company's market cap is $294.8 Million. During its last trading session, Stock traded with the total exchanged volume of 11.18 million shares.

Author: 0 Bessemer Group Inc. Increases Position in Chevron Co. (CVX)

Similar statistics are true for the second largest owner, State Street Corp, which owns 117,508,471 shares of the stock are valued at $13.38 billion. ZWJ Investment Counsel Inc. The stock is up 7.03% in this year through last close, and the beta ratio has a value of 2.03. On average, equities research analysts expect that Chevron will post $4.60 EPS for the current year.

Author: 0 No regrets: Arsene Wenger defends Alexis Sanchez gamble after defeat by Liverpool

A brace from Jamie Vardy and a stunning strike from Danny Drinkwater sealed a comfortable win for the relegation-threatened side, with Philippe Coutinho's consolation the only moment of cheer for the Liverpool faithful. "We have to focus on our next game, we have a game in hand and things can change quickly", he said . Liverpool have jumped to third, above Arsenal in the intense combat for Champions League football, with Klopp becoming the first Reds boss since Gerard Houllier in ...

Business Despite Promises To Cut, Iraq Raises February Oil Exports
Author: 0 Despite Promises To Cut, Iraq Raises February Oil Exports

WTI light sweet crude was din the down 50 cents at $53.33 a barrel, in the middle of a stubborn trading range. According to the latest data available, at the end of January its production was still 130,000 bpd above this quota. Saudi Arabia was a key architect of the November OPEC decision to cut its production by 1.2 million barrels per day, or 4 percent, as a means of bumping prices back up after a long-term drop, which started in mid-2014, put a dent in the economies of oil-rich nations.

Business Obama Spokesman Says President Trump's Wiretapping Claim Is 'Simply False'
Author: 0 Obama Spokesman Says President Trump's Wiretapping Claim Is 'Simply False'

Though there is no confirmation on how Trump got word of this alleged action, and no comment from Obama, perhaps our former POTUS had a reason to wiretap Trump Towers. He then called Trump "a liar". Trump has not offered any evidence to support his claims. But the accusations have continued through nearly daily leaks to the press that have revealed new details about links between Moscow and senior Trump officials.

Business Clemson rallies to even series with SC
Author: 0 Clemson rallies to even series with SC

Clemson made two costly errors behind Barnes that led to two unearned runs in the sixth inning, and the Tigers failed to capitalize on numerous scoring chances against Schmidt, as the Gamecocks escaped with a 2-0 win in front of 6,212 fans on a chilly night in Clemson.

Business Snap Raises $3.4B in IPO, Soaring Trades Set Value Past $20B
Author: 0 Snap Raises $3.4B in IPO, Soaring Trades Set Value Past $20B

In its initial public offering, Snap revealed user growth was up 48% year-over-year, slower than previous years. Shares of Snap Inc jumped $US8.21, or 48 per cent, to $US25.21 ($A33.30) a share in afternoon trading on Thursday. Aside from a handful of mega-IPOs in recent years, like Facebook , Alibaba and Twitter , stock introductions by the industry have consistently underwhelmed.