Economy

by | May 16, 2017 | 11:51

Housing New Zealand would be responsible for building 24,300 of them. She claims there's not enough Crown land in Auckland to build the number of houses Labour has promised. He's signalling intensification of state housing on existing sites will be a feature, something he says can be achieved under Auckland's unitary plan.

by | May 16, 2017 | 09:47

ING Groep NV earned a media sentiment score of 0.19 on AlphaOne's scale. EPS is the portion of a company's profit allocated to each exceptional share of common stock. Analysts expect ING Groep NV (ADR) (NYSE:ING) to report $0.00 EPS on May, 10 before the open. 03/31/2016 - ING Group, N.V. was downgraded to "underweight" by analysts at Morgan Stanley.

by | May 16, 2017 | 09:54

Stifel Financial Corp bought a new stake in AK Steel Holding during the first quarter valued at about $110,000. In addition to its customized steels, the Company also manufactures custom-make precision components. Shareholders of record on Wednesday, May 10th will be paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.00%.

by | May 16, 2017 | 09:15

Kraft has ruled NRW since 2010 in a coalition with the environmentalists Greens, whose support among voters has more than halved to just over 6 percent, making it difficult for the SPD to muster a coalition, especially as their natural partners, the hard-left Die Linke, are also on 6 percent.

by | May 16, 2017 | 09:12

Mr. Falih said that the terms of the deal or the targeted levels of production are unlikely to get revised while the tenure is extended. Saudi, the de facto leader of OPEC, and Russian Federation, the world's biggest producer, together control a fifth of global supplies, but have been spurred into action as crude futures LCOc1CLc1 have languished around $50 per barrel.

by | May 16, 2017 | 10:16

Chicago has always been a two newspaper town. The Sun-Times building at 350 N. Orleans is also home to the Reader . The Tribune has always been looked at as a potential suitor for the Sun-Times, especially since Tronc Chairman Michael Ferro once owned the paper and parted with Wrapports only when he moved to Tribune Publishing, which he renamed Tronc.

by | May 16, 2017 | 09:21

The investment firm exited its holdings of 21st Century Fox Class A shares. Reports by the New York Times that Bill O'Reilly had settled allegations led advertisers to boycott his show, ultimately forcing Fox and the popular host to part ways in April.

by | May 16, 2017 | 08:44

Her Christian Democratic Union (CDU) clinched 34.3 per cent of the vote in North Rhine-Westphalia, first results showed, snatching control of the sprawling industrial region which has been a Social Democratic Party (SPD) stronghold for decades.

by | May 16, 2017 | 07:21

Yesterday, April 17 US Vice President Mike Pence visited the demilitarized zone between the two Koreas and warned North Korea not to test US military might by pursuing its nuclear weapons programme, citing recent strikes in Syria and Afghanistan as proof of American "strength and resolve".

by | May 16, 2017 | 05:58

The Bank of England has warned the squeeze from Brexit-fuelled inflation on household income has started and said growth would remain "moderate" after faltering at the beginning of the year. However, Mr Carney said he was hopeful real wage growth would return in 2018. At the Monetary Policy Committee meeting this month, one of its members, Kristen Forbes, voted for an increase in interest rates from their current level of 0.25% to 0.5%, but the rest of the committee voted to leave them on ...

by | May 16, 2017 | 05:25

Benchmark Brent also fell 3 percent to below $47 per barrel, its lowest since Nov 30, which was the date the Organization of the Petroleum Exporting Countries (OPEC) triggered a rally when it said it would cut production in the first half of 2017.

by | May 16, 2017 | 05:19

Asked whether Berkshire's decentralized structure could lead to a similar scandal, Buffett said Berkshire welcomes being alerted to misbehavior via an internal "hotline" that gets 4,000 calls a year. When billionaire Warren Buffett toured the exhibit hall where Berkshire Hathaway companies are selling their products outside Berkshire's annual meeting, he was again surrounded by a pack of reporters, shareholders and security officers.

by | May 16, 2017 | 03:53

Earnings per share is the portion of a company's profit allocated to each outstanding share of common stock. The mean target of $250.00 should be compared with the price when the stock was languishing around $178.19 a share. " Tesla may need to raise more capital to pull off a 2017 launch of the mass-market Model 3 and to fund battery, solar and other investments", Kevin Tynan, a Bloomberg Intelligence analyst, wrote Monday.

by | May 16, 2017 | 03:49

The ACA allowed states to expand Medicaid to cover their citizens not take it away. "Obamacare is rapidly collapsing", Ryan said while introducing the bill , according to the House Speaker website. 63 percent of Americans think that the wealthy will benefit most from Trump's tax plan; 27 percent think the middle class would and 4 percent think it'd be low-income Americans.

by | May 16, 2017 | 04:06

Liberty Global plc, together with its subsidiaries, provides video, broadband Internet, fixed-line telephony, mobile, and other communications services to residential customers and businesses internationally. The average volume stands around 2.61 million shares. Finally, Cobblestone Capital Advisors LLC NY increased its position in shares of Liberty Global plc - Class A by 10.5% in the third quarter.

by | May 16, 2017 | 00:34

Microsoft introduced a new Surface device and it is a laptop! Windows 10 S , compatible on mobiles and desktops, has a simple login app that allows schools to create logs on any devices in a few moments, Microsoft said at an education conference in NY.

by | May 16, 2017 | 02:00

It will also be equipped with Microsoft's new Windows 10S operating system, software the company presented Tuesday that will be faster and offer better security than previous versions. Windows 10 S mainly meant to run on Windows 10 education PCs from Microsoft partners like Acer and Dell at sub $200 prices. Microsoft has made the Surface Laptop's color options a centerpiece of marketing thus far, but interestingly, you only have your choice of color in the Core i5/256GB model.

by | May 16, 2017 | 00:26

The Company has 290.39 million shares outstanding while EPS in next five years is expected to reach 2.30% while EPS growth in past 5 year was -9.13%. Zacks Investment Research raised RLJ Lodging Trust from a "sell" rating to a "hold" rating in a report on Friday, March 3rd.

by | May 16, 2017 | 01:42

But when the green flag waved for the final restart, Busch was the lone Toyota in the top pack and ended up being the only Toyota to finish in the top 10. But this is Talladega , where he's had as much success as anybody but his iconic father. "When I won at Kentucky (an ARCA race in 2008), he climbed the fence, and I climbed the other side and met him at the top", Stenhouse said.

by | May 16, 2017 | 01:26

Snap shares plunged to $17.59, their lowest since the initial public offering on March 2, wiping off more than $6 billion of its market value. In short, Snap's Q1 numbers fell short of analysts' expectation but were still positive. On Wednesday, the parent company of the Snapchat app announced its first earnings since going public three months ago-and it wasn't pretty. The median price target on the stock is $24.

by | May 16, 2017 | 01:03

A number of other institutional investors have also recently bought and sold shares of the company. 20194336 shares were traded on Cisco Systems , Inc.'s last session. This represents a $1.16 dividend on an annualized basis and a dividend yield of 3.47%. This is an increase from Cisco Systems's previous quarterly dividend of $0.26.

by | May 15, 2017 | 23:23

The weekly performance is -0.49%, and the quarterly performance is at 13.91%. Moving average strategies are also popular and can be tailored to any time frame, suiting both long term investors and short-term traders. The ex-dividend date of this dividend is Monday, June 12th. This represents a $0.26 annualized dividend and a dividend yield of 1.38%. If you are viewing this news story on another domain, it was stolen and republished in violation of USA and global copyright laws.

by | May 16, 2017 | 00:37

Following the WannaCry ransomware attack, RBI has asked financial institutions to follow the instructions issued by CERT-In even as a few of them have already initiated measures to counter the attack. A huge extortion cyber attack had hit dozens of nations on Saturday, holding computer data for ransom at hospitals, telecommunications firms and other companies.

by | May 15, 2017 | 22:49

He told reporters: "This is going to be a more challenging time for British households over the course of this year". Against the euro, the pound was trading 0.3 per cent down at 1.18 euro. The economy grew by 0.3% in the first quarter of 2017, a sharp slowdown from the 0.7% growth rate in the final three months of 2016. Financial markets are now pricing in two Bank of England rate rises by 2020, up from one when the Bank finalised its latest Inflation Report projections last week.

by | May 16, 2017 | 00:32

But for many systems, especially older systems, such patches are not installed automatically-a fact the hackers took advantage of. They advised those whose networks have been effectively shut down by the ransomware attack not to make the payment demanded - the equivalent of $300, paid in the digital currency bitcoin.

by | May 15, 2017 | 22:50

OPEC still has much to discuss. Tamas Varga, an analyst at London brokerage firm PVM, said in a daily newsletter that the latest figures from the United States, the world's largest economy, are "not so bullish" for crude oil. USA data showed crude stocks fell 930,000 barrels in the week to April 28, while analysts had been expecting a drop of 2.3 million barrels. The February exports of US crude oil surged to a record of 1.1 million barrels a day.

by | May 15, 2017 | 23:34

The Liberals are down four seats from the 47 they held at dissolution, while the NDP are up six seats and the Greens are up two seats. Several Liberal cabinet ministers lost seats in Metro Vancouver, including Attorney General Suzanne Anton, Technology Minister Amrik Virk and Peter Fassbender , the minister responsible for TransLink.

by | May 15, 2017 | 22:44

Neuburgh Advisers LLC boosted its stake in shares of Kate Spade & Co by 16.0% in the first quarter. The stock price decreased -0.11% or $0.02 versus $18.44 at the end of the prior session. During the same quarter in the prior year, the business earned $0.05 earnings per share. Brokerages expect Kate Spade & Co (NYSE:KATE) to report $0.14 earnings per share (EPS ) for the current quarter, Zacks Investment Research reports.

by | May 15, 2017 | 22:31

Its lead drug candidate plecanatide is a guanylyl cyclase C receptor agonist, to treat GI disorders, primarily chronic constipation and constipation-predominant- irritable bowel syndrome. Revenue for the quarter also killed consensus, coming in at $0.1M, compared to the consensus of 0.03M. Zacks presents analysts with an ABR (Average Broker Rating ), based on the sell-side recommendations.

by | May 15, 2017 | 22:36

The airline released a written statement in response to the incident that reads in part: "We are sorry for what this family experienced". Congress held two hearings this week on airline customer service - a response to the video of Chicago airport security officers dragging a 69-year-old man off a United Express flight to make room for crew members who were traveling for work.

by | May 15, 2017 | 22:51

The firm views the actions taken as another appropriate strategic step, but its broader concerns on mall traffic and apparel sales moving to off-price and online provide reservations. The company beat the analyst EPS Estimate with the difference of $0.03. It is the "top line" or "gross income" figure from which costs are subtracted to determine net income.

by | May 15, 2017 | 22:31

North Korea Monday celebrated the launch of what appeared to be its longest-range ballistic missile yet tested in a bid to bring the U.S. mainland within reach, saying it was capable of carrying a "heavy nuclear warhead". He added: "We need to return to dialogue with North Korea and stop scaring it and find ways to resolve these problems peacefully". CHINA'S SILK ROAD: Chinese President Xi Jinping appealed to foreign leaders at a forum on a Chinese trade initiative to resist pressure to ...

by | May 15, 2017 | 23:34

The result of millions of R&D dollars at work, the frork was created to help users scoop up toppings that happen to fall out of any of the company's brand new signature crafted sandwiches. The pitch, in my mind, goes something like this: McDonald's has great fries, but don't you hate getting salt and ketchup on your fingers?! Even McDonald's is calling it "supremely superfluous", and I'm pretty sure that means it's great.

by | May 15, 2017 | 23:26

Banking Act of 1933, Glass-Steagall established a firewall between commercial and investment banking activity. And, in his campaign, president Trump showed interest for a "21st-century" Glass-Steagall Act. The proposal would also prohibit people sitting on the board of a federally insured bank from holding the same position for an investment bank, insurance company or similar institution.

by | May 15, 2017 | 23:44

Reportedly, the systems are using Windows OS which runs by the cyber-attack, but the police chief's computer was going Apple's iOS OS was safe. The Indian Computer Emergency Response Team (CERT-In) has confirmed the attack on the computers of Andhra police.