Economy

Trump's son criticizes London mayor after attack

Trump's son criticizes London mayor after attack

The motivation and identity of the attacker are unknown. Instead of statements of support or prayers for the victims, Donald Trump Jr reacted to the the London terror attack on Wednesday by criticizing Mayor Sadiq Khan. "They've done a very good job, it is 10 years since this last happened in London and I hope it is longer than that before the next one". They want to kill. Read More

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Lowers Canadian Solar Inc. (CSIQ) Price Target to $14.00

Lowers Canadian Solar Inc. (CSIQ) Price Target to $14.00

Other firms include Guggenheim giving Neutral rating on 15-Dec-16. JMP Securities restated a "hold" rating on shares of Canadian Solar in a research note on Tuesday, November 22nd. The company said its earnings fell to $14.17 million, or $0.24 per share. "I guess Mr. Trump is too busy on other stuff, so I haven't seen any impact into either project development or the project sales process", Canadian Solar president and CEO Shawn Qu said during the company's fourth-quarter earnings call ... Read More

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Uber Downfall Continues With Jeff Jones Resignation As President

Uber Downfall Continues With Jeff Jones Resignation As President

Uber has always been seen as an aggressive and non-apologetic company involved in lots of controversies in last 2 months due to which the reputation has been defamed and the future of the company is uncertain in Kalanick's leadership. Though Huffington said that she had personally spoken to hundreds of employees who demonstrated "real appetites for change internally", she said she is not formally investigating the company's problems. Read More

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France's presidential debate ignored the one question everyone wants answered

France's presidential debate ignored the one question everyone wants answered

Far-left Jean-Luc Mélenchon came in second place with 20%, while centre-right candidate François Fillon, who is embroiled in a family expenses scandal, and Le Pen both at 19%. Francois Fillon, left, and his wife Penelope arrive for the debate. Le Pen, among the frontrunners in the French presidential election, arrived in Chad on Tuesday and is using the two-day visit to meet French troops stationed in Chad and to outline her policies for the continent. Read More

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Markets cautious ahead of Fed announcement

Markets cautious ahead of Fed announcement

On Wednesday, the US central bank is nearly universally expected to raise its benchmark interest rates, a move that just a few weeks ago was viewed by the markets as unlikely. A widely anticipated US interest rate hike combined with a dovish outlook for the future path of rates lifted emerging stocks to 20-month highs on Thursday but also prompted a number of developing central banks to tighten monetary policy. Read More

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Russian spies charged in USA for hacking Yahoo

Russian spies charged in USA for hacking Yahoo

The independent hackers are Alexsey Belan, who's on the list of most-wanted cyber criminals and who's now in Russian Federation under the state's protection, and Karim Baratov, a Canadian citizen arrested on Tuesday. The men used unauthorized access to Yahoo's systems to steal information from about at least 500 million Yahoo accounts , starting in January 2014, according to the indictment . Read More

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Does Ackman's exit finally signal a bottom for Valeant?

Does Ackman's exit finally signal a bottom for Valeant?

A rating of 4 or 5 would represent a Sell recommendation. While the actual EPS the company reported in the same quarter previous year was 1.27/share. Volume was about 50% above the daily average of around 27 million shares. According to them, the median (average) EPS the company could deliver is 0.91/share. Canadian department store Hudson's Bay Company (HBC.TO) is in talks to buy Neiman Marcus, CNBC reports, citing Dow Jones. Read More

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North Atlantic Treaty Organisation chief seeks to reassure Trump on defense budgets

North Atlantic Treaty Organisation chief seeks to reassure Trump on defense budgets

Overall, the US-led alliance reversed the downturn in 2015 and past year, defence spending rose 3.8 percent or $10 billion (9.3 billion euros), it noted. "It is realistic that all allies reach the goal of two percent". NATO's overall figure for 2016 stood at 2.43 percent versus 2.40 percent in 2015. Stoltenberg said Romania was due to meet the target this year, with Lithuania and Latvia expected to follow in 2018. Read More

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Gander Mountain, subsidiaries file for Chapter 11 reorganization

Gander Mountain, subsidiaries file for Chapter 11 reorganization

The privately owned St. Paul-based company filed for Chapter 11 bankruptcy on Friday. Reuters reported almost a month ago that Gander Mountain was close to filing Chapter 11 bankruptcy. Gander said it wants to be sold by May 15. A press release from Gander Mountain stated it will solicit bids for a going-concern sale and expects to hold an auction for the company in late April. Read More

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GM Agrees to Sell Opel and Vauxhall Brands to PSA Group

Following the acquisition of Ambassador from Indian vehicle manufacturer Hindustan Motors, Peugeot is set to expand its range by entering a deal with General Motors for its Opel and Vauxhall brands, media reports said. The press conference will be on Monday at 0815 GMT, PSA and GM said, without specifying the subject. GM, on the other hand, is happy to see Opel go after losing the company money for the last 16 consecutive years. Read More

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The Growth Forecast For General Electric Company (NYSE:GE)

The Growth Forecast For General Electric Company (NYSE:GE)

At the end of 12/31/2016 reporting period, 525 institutional holders increased their position in Emerson Electric Co. A number of institutional investors have recently made changes to their positions in EMR. & global trademark and copyright legislation. The legal version of this report can be accessed at [[permalink]]. Several equities analysts recently issued reports on GE shares. Read More

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US Federal Reserve plans rate hike this month: Evercore ISI

USA stocks eked out gains on Friday, extending a weekly advance, as comments from Janet Yellen and other key Federal Reserve officials confirmed growing expectations of a March interest-rate increase. "The general economic conditions and proximity to the full employment and price stability goals are sufficient, and officials are simply looking for appropriate opportunities". Read More

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Public Knowledge Opposes FCC's Stay of Data Security Regulation from Privacy Rules

The stay on the rule will be in effect until "the Commission is able to act on pending petitions for reconsideration". When the FCC voted a year ago to adopt the rule, then-FTC chair Edith Ramirez voiced her support for it, saying that the FCC's rule "will provide robust privacy protections, including protecting sensitive information such as consumers' social security numbers, precise geolocation data, and content of communications, and requiring reasonable data security practices". Read More

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Sen. Cardin to oppose Ben Carson for HUD

Sen. Cardin to oppose Ben Carson for HUD

The vote came after he received unanimous approval from the Senate Banking, Housing and Urban Affairs Committee in January. Mr. Carson was effectively able to receive the consent of the Upper House by a relatively close margin. "We're going to do great things in our African-American communities", Trump said , appearing with Carson on a tour of the National Museum of African American History and Culture in Washington. Read More

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Oil Slips as US Stockpiles Set Record Despite OPEC Cuts

Oil Slips as US Stockpiles Set Record Despite OPEC Cuts

Steady gains in US crude oil inventories, coupled with an increase in exports from a key OPEC member, sent oil prices into deep red territory early Thursday. Exports of gasoline hit a record high , and domestic demand was around 6% lower than a year earlier. US stockpiles expanded to 520.2 million barrels, the most in weekly government data going back to 1982. Read More

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New Daily Service Between Sacramento and Newark, NJ on United Airlines

Petersburg, and seasonally to Punta Gorda/Ft. United said the service will operate on a daily, year-round basis, except for certain dates in January and February. The Airport offers daily direct flights on Alaska Airlines to Seattle, Portland, Los Angeles, Orange County, and San Diego, twice a week flights on Allegiant Air to Las Vegas, and nonstop daily flights to Phoenix Sky Harbor on American Airlines. Read More

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Vetr Inc. Lowers AK Steel Holding Co. (AKS) to Sell

This insider holds 300,742 shares with a market value around $2724722.52 as of recent close. Analysts mean target price for AK Steel Holding Corporation (NYSE:AKS) is $9.66 while their mean recommendation is 3.00 (1=Buy, 5=sell). AK Steel Holding Corporation has P/S value of 0.43 while its P/B value stands at 0. AK Steel Holding has a 12-month low of $2.47 and a 12-month high of $11.39. Read More

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Popeyes to be sold to Burger King's parent company for $1.8B

Investors expected a price target of 0.58 for this quarter. These analysts and investment firms use various valuation methods to decide a price target for a stock. An important factor to consider when evaluating a stock's current and future value are the 52 week price high and low levels. He soon changed the name to Popeye's, after Gene Hackman's Popeye Doyle from " The French Connection ", which came out the year before, and amped up the spice in the recipe. Read More

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