Markets

Japanese parliament passes bill on Emperor Akihito's abdication

10 June 2017, 05:43

The bill was cleared in the lower house last week. It's official: Japanese Emperor Akihito will abdicate from the throne, making him the first Japanese monarch to do so in 200 years. Pictured are Akihito, far left, Empress Michiko, second from le...

May's top aides resign after United Kingdom election fiasco

10 June 2017, 05:26

Of course, running the Home Office is very different from running the country. 'I used to wonder why because actually she needed to broaden her circle of advisers, she needed to have a few grey hairs in there who have been around the block a bit, w...

New Re 1 notes, with finance secy Shaktikanta Das's signature, coming soon

10 June 2017, 05:17

The notes, printed by the Government of India , have new features. The new note will have an overall colour scheme of pink and green on the obverse and reverse, in combination with other colours. The RBI had recently circulated new Rs 500 notes,...

Move to privatise Air India 'dubious', says CITU

10 June 2017, 05:17

Air India is surviving on a Rs 30,000 crore bail-out package, spread over 10 years, announced by UPA-II in 2012. The airline has a debt amounting to almost Rs 50,000 crore, Finance Minister Arun Jaitley had said last week while he pitched for di...

Nikko Asset Management Americas Inc. Holds Position in Union Pacific Co. (UNP)

10 June 2017, 05:07

It has outperformed by 14.75% the S&P500. ( UNP ) stake by 35.5% reported in 2016Q4 SEC filing. Finally, The Manufacturers Life Insurance Company acquired a new position in Union Pacific during the third quarter valued at $324,377,000. Card Andrew H ...

ExxonMobil Acquires Exploration Acreage in Equatorial Guinea

10 June 2017, 05:08

The post ExxonMobil, Taleveras, Ophir Win Oil Blocks In Equatorial Guinea appeared first on leadership.ng . Exxon Mobil, through Exploration and Production Equatorial Guinea , has acquired exploration acreage in a deepwater block offshore Equat...

Team Trump just can't get its story straight on Qatar

10 June 2017, 05:00

The list of detractors - who allege that the peninsular Gulf country is supporting "extremism" - now includes Saudi Arabia , UAE, Bahrain, Egypt , Yemen , Maldives, Mauritania and Mauritius. Nor Saudi Arabia, Bahrain or the UAE. Several other ...

Institutional Investor Sentiment About Getty Realty Corp (NYSE:GTY) Increased

10 June 2017, 04:40

It has underperformed by 9.16% the S&P500. Capstone Asset Management accumulated 0.02% or 9,222 shares. On Assignment Inc. now has $2.88 billion valuation. Finally, Canaccord Genuity reissued a "buy" rating and issued a $34.00 price objective on shar...

Somewhat Positive Press Coverage Likely to Impact Exxon Mobil (XOM) Stock Price

10 June 2017, 04:34

About 816,668 shares traded. (NYSE: XOM ) by 3.2% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. Blackrock Invest Management Ltd Com accumulated 11.09 million shares. Gamco Investors Et ...

Indian shares edge up; but post weekly fall

10 June 2017, 04:32

The wider 51-scrip Nifty of the National Stock Exchange (NSE) was also trading 14.50 points or 0.15% lower at 9,632.75 points. The 30-share index started on a bearish note at 31,196.86 stayed in the negative terrain for most part of the day to hit ...

No need of capital for one year, says SBI chairman

10 June 2017, 04:24

The SBI QIP is by far the biggest QIP out of India and this would be the most significant primary capital raised in almost a decade since the global financial crisis, this will be the third largest equity put up in the Asia Pacific this year.

RBI maintains key lending rate unchanged

10 June 2017, 04:12

However, there is some cheer for home buyers as interest on loans of between Rs30 lakh and Rs75 lakh are expected to be cheaper as RBI reduced risk weightage for this category. Financial sector experts believe the Reserve Bank has taken the decisio...

Hillary 'cracks' covfefe: Secret note for Russian Federation

10 June 2017, 04:09

Subscribe to The World's Most Powerful Women , Fortune's daily must-read for global businesswomen. Former Democratic presidential nominee Hillary Clinton speaks at Recode's Code Conference in California, May 31, 2017. " They paid me ", said Cl...

Pound dives as UK enters new period of uncertainty

10 June 2017, 04:04

When May called the election in April, she did so with the Conservatives riding high in the polls, and the pound had surged on expectations that a big majority for the Conservatives would allow her to face down the so-called euroskeptics in her par...

Financial Choice Act passes in House

10 June 2017, 03:43

It would also weaken the authority of the Consumer Financial Protection Bureau , or CFBP - which was championed by Democratic Senator Elizabeth Warren - to regulate large banks and payday lenders. Rep. Jeb Hensarling , R-Texas, chairman of the Ho...

Theresa May Asked The Queen If She Could Form Her Own Government

10 June 2017, 03:17

No. It has happened only twice in the past century , in 1974 and 2010, though governments that were elected with a majority have also lost it through defection. Macron called to congratulate May, whose party won the most seats in parliament thou...

Latest Stocks: Nordstrom, Inc. (JWN) Declares Quarterly Dividend of $0.37

10 June 2017, 02:58

It is now trading at $40.48 which is marginally lower than the 50 day moving average which is $44.76 and a tad under the 200 day moving average of $46.82. The dividend yield will be $3.55. The ex-dividend date of this dividend is Wednesday, May 24t...

Latest Stocks: Gilead Sciences, Inc. (GILD) Lowered to "Hold" at ValuEngine

10 June 2017, 02:57

About 2.43 million shares traded. InterXion Holding NV (NYSE:INXN) has risen 30.50% since June 9, 2016 and is uptrending. It has outperformed by 76.04% the S&P500. GILD's profit will be $2.76B for 7.53 P/E if the $2.13 EPS becomes a reality. After $2...

Uber Has Already Fired More Than 20 Employees While Investigating Harassment

10 June 2017, 02:57

Following Fowler's blog, Uber hired former U.S. attorney general Eric Holder to investigate its handling of sexual harassment allegations , according to the New York Times . Uber has not yet publicly released their findings, but the recommenda...

EUR GBP Plummets, UK Election Optimism Helps Pound to Rally

10 June 2017, 02:24

The British pound had a rough night and we have experienced many whipsaws due to the uncertainty which we are facing now. On the one hand, a weakened Conservative prime minister might not have the power to resist calls from some within the party wh...

Sterling Stunned by UK Election Shock, Fallout Limited Elsewhere

10 June 2017, 02:20

With no one party able to command a majority of MPs in the House of Commons, current prime minister Theresa May is expected to seek coalition partners to remain in power. In Asian markets, sterling fell earlier to a seven-week low below 140.00 yen be...

McCain says his confusing questions resulted from tiredness

10 June 2017, 02:10

One of the things that really jumped out from the Comey hearing was the freakish, downright surreal, questions asked by John McCain , who was either completely out of it and totally incoherent, or was disingenuously trying to compare a completed i...

Defense must now convince jurors in Cosby trial

10 June 2017, 01:50

Prosecutors on Friday are expected to continue focusing on Cosby's testimony, giving jurors a look at his view of women, sex and the night in January 2004 that Andrea Constand says he drugged and violated her at his suburban Philadelphia home.

Trump commits US to NATO's Article Five on mutual defense

10 June 2017, 01:43

No obstruction. He's a leaker. "He gets partial credit for finally saying it", said Julie Smith, a former senior White House official during President Barack Obama's administration now with the Center for a New American Security. Dave Boyer, The W...

How major US stock market indexes fared on Friday

10 June 2017, 01:08

The Standard & Poor's 500 index slipped 2 points, or 0.1 percent, to 2,441. The Dow Jones gained 89.44 (+0.42 percent) to finish at 21,271.97. The tech-rich Nasdaq Composite Index dropped 1.8 percent to end the session at 6,207.92, pulling ...

You'll now get fewer annoying review prompts on your iPhone and iPad

10 June 2017, 12:53

Use the provided API to prompt users to review your app; this functionality allows customers to provide an App Store rating and review without the inconvenience of leaving your app, and we will disallow custom review prompts. It was an inconvenient s...

British Pound Steady Despite Looming Hung Parliament

10 June 2017, 12:46

Brooks, of City Index , said: "A slim majority of eight seats, as predicted by YouGov, is likely to arouse fears of a hard Brexit, as the 50 or so Eurosceptic MPs in the Conservative party could sway the negotiations". Yields on 10-year gilts fell 3...

Democratic Unionists in Northern Ireland become election key

10 June 2017, 12:42

Referring to the "strong relationship" she had with the DUP but giving little detail of how their arrangement might work, she said she meant to form a government which could "provide certainty and lead Britain forward at this critical time for ou...

Theresa May's Downing Street statement - 'I will now form a government'

10 June 2017, 11:10

May, accompanied by her husband Philip, made a statement in Downing Street after she travelled to Buckingham Palace for an audience with Queen Elizabeth II following the General Election results. British media are reporting that Conservatives can...

Trump accuses ex-FBI chief James Comey of lying

10 June 2017, 10:42

Mr Comey had detailed this interaction in a memo, writing that the President told him: "I hope you can see your way clear to letting this go, to letting Flynn go". The US President had cited his dissatisfaction with Comey's handling of the Hill...

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