Economy

by | May 18, 2017 | 06:00

US Secretary of State Rex Tillerson signed an agreement recognising the landmark Paris climate accord at a meeting of Arctic nations in Alaska on Wednesday (10 May) but said President Trump was not rushing to decide whether to leave or weaken US commitments to the pact.

by | May 18, 2017 | 05:10

That would be longer than the optional six-month extension first agreed. The U.S. rig count rose for the 17th week in a row to the highest level since August 2015 last week, implying that further gains in domestic production are ahead. In the first quarter of 2017, "the oil market was nearly balanced", the International Energy Agency said in its latest monthly report. USA crude oil inventories were expected to fall by around 2.3 million barrels during the week ended May 12, according to a ...

by | May 18, 2017 | 06:09

The Crown Commercial Service paid Microsoft £5.5m for one year's extra support to give government departments 12 months to upgrade their systems, but the additional cost of upgrading the proprietary software meant that many computers were left running the vulnerable XP system.

by | May 18, 2017 | 05:13

Led by letter carriers represented by the NALC, with help from rural letter carriers, other postal employees and other volunteers, the drive has delivered more than one billion pounds of food the past 24 years. "A lot of our children lose access to these free breakfast and school lunch programs throughout the school system", said Jessica Dokachev, Director of the Second Harvest Food Bank.

by | May 18, 2017 | 04:53

The analyst reiterated his $80 price target for Microsoft , representing 18 percent upside from Monday's close. Jonathon Nash, owner, Lake Orion-based Leet LLC, said devices that are most vulnerable are "mostly older" personal computers (PCs) running dated Microsoft operating systems, specifically Windows XP and earlier.

by | May 18, 2017 | 04:04

The market experts are predicting a 10.47% rally, based on the high target price ($40) for iRhythm Technologies, Inc. shares that is likely to be hit in the 52 weeks. The smartphone producer reported $0.04 earnings per share for the quarter, beating analysts' consensus estimates of ($0.04) by $0.08. BlackBerry had a negative net margin of 93.19% and a negative return on equity of 3.62%.

by | May 18, 2017 | 04:32

The Beta coefficient, in terms of finance and investing, is a measure of a stock's (or portfolio's) volatility in relation to the rest of the market. A number of research firms have issued reports on ABX . Its book value per share for the most recent quarter is $7.36 while its price to book ratio for the same period is 2.3, as for as the company's cash per share for the most recent quarter is $1.95, however its price to cash per share ratio for the same period is 8.65.

by | May 18, 2017 | 04:07

Natl Asset Mgmt reported 0.59% in Home Depot Inc (NYSE:HD). Typically, they estimate what the company's earnings and cash flow will be for the next couple of years, and then apply a ratio - such as a price-to-earnings ratio - to those estimates to determine what the future stock price should theoretically be.

by | May 18, 2017 | 02:51

The investigation is tied to the German automaker's diesel emission scandal and is the first time Müller has been officially identified as a suspect in the scandal. The Porsche holding company is distinct from Porsche sports auto brand, which is now part of Volkswagen itself. Volkswagen has admitted equipping around 11 million cars worldwide with software that sensed when cars were on test stands and turned emission controls up, then turned the controls off during every day driving to ...

by | May 18, 2017 | 02:22

The company has not confirmed the report , but issued a statement acknowledging that it is focusing on "three strategic priorities", which include protecting its "core business ... The Dearborn, Michigan, company says it will release more details to employees in June. Factory workers and white-collar employees in Ford's plants won't be affected.

by | May 18, 2017 | 01:50

Outstanding shares are shown on a company's balance sheet under the heading "Capital Stock". The relative strength index or RSI highlights overbought (above 70) and oversold (below 30) areas. The company is estimating to achieve earnings per share (EPS ) growth of 138.20% in this year and the earnings per share (EPS ) growth expected to be 615.40% in the next year.

by | May 18, 2017 | 01:24

Comey or anyone else to end any investigation, including any investigation involving General Flynn", a White House statement said. There are fears the reported disclosure of information gained under an intelligence sharing agreement could damage global security cooperation with the US.

by | May 18, 2017 | 01:48

As the chain grows, Americans' appreciation for Five Guys has increased. "[Five Guys] has shed its "small regional player" designation as it expands its footprint and marketing budget, along with its fandom", said Joan Sinopoli, Harris Poll's vice president of brand solutions, referencing the poll's equity metric that determines rankings.

by | May 18, 2017 | 02:23

The C919, a twin-engine airliner created to compete with the Airbus 320 and Boeing 737, took off from Shanghai's Pudong worldwide airport in the early hours of Friday. Its engines were made by a joint venture between General Electric and Safran Aircraft Engines. Several of the plane's key components are imported. China Eastern Airlines is the launch customer for the plane, which COMAC says has 570 orders from 23 customers.

by | May 18, 2017 | 02:02

Brent and USA light crude futures contracts closed on Tuesday at their second lowest levels since November 29, the day before OPEC announced it would cut output in the first half of 2017. Oil prices have erased the gains achieved since November, when OPEC and other producers, including Russian Federation, agreed to cut output by about 1.8 million barrels per day (bpd).

by | May 18, 2017 | 01:43

The cuts are the biggest to Ford's US white collar staff since 2007, when 7,200 workers took voluntary buyout packages. Ford's total salaried workforce in those regions is 15,000, said Ford spokesman Mike Moran. Michelle Krebs, an analyst with AutoTrader, said Ford may be taking a prudent action to prepare for declining USA industry sales. It's unclear if hourly factory workers are included, the Journal said.

by | May 18, 2017 | 01:29

Cowen and Company reaffirmed a "hold" rating and issued a $100.00 price objective on shares of Jack in the Box in a research report on Friday. In the comparable year-ago period, Jack in the Box had reported earnings of 85 cents a share on $361 million in revenue.

by | May 18, 2017 | 01:05

A number of brokerages recently issued reports on GLW. Wells Fargo & Co reissued a "market perform" rating on shares of Corning in a report on Tuesday, January 31st. If you are accessing this story on another publication, it was stolen and reposted in violation of global copyright & trademark laws. The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 30th.

by | May 18, 2017 | 00:25

The White House has denied those reports . "We've tried tonight to get Republicans to come out and talk to us, and there are not Republicans willing to go on camera tonight as of yet, and we'll see if that changes" said Bret Baier, host of "Special Report".

by | May 18, 2017 | 01:25

Rep. Jason Chaffetz, Republican chairman of the House oversight committee, sent a letter to the Federal Bureau of Investigation on Tuesday requesting that it turn over all documents and recordings that detail communications between Comey and Trump.

by | May 18, 2017 | 01:42

She was recently involved in a fraud case and is reportedly sentenced to one year and one day in prison. It was important for me if they want to be there, outside, on the couch talking and gossiping, then that's fine but they can't just barge into my room.

by | May 18, 2017 | 01:15

The austerity measures are part of an agreement made between the left-wing government of Prime Minister Alexis Tsipras and the country's creditors, mainly the European Central Bank (ECB) and the International Monetary Fund (IMF ), to receive badly needed cash in order to avoid bankruptcy.

by | May 18, 2017 | 00:57

The percentage of Americans who named healthcare as the nation's biggest problem rose to 26 percent in August/September of 2009 amid a series of angry town hall meetings around the US regarding the ACA. "ObamaCare premiums and deductibles are way up - it was a lie and it is dead!" The American Health Care Act , which cleared the House earlier this month, would scale back the Medicaid coverage that saw a massive expansion under Obamacare.

by | May 18, 2017 | 00:40

A man from Fairfax was charged with assaulting a police officer. "We weren't doing anything wrong", a pro-Erdogan demonstrator, Mustafa Dikilitas told AFP news agency . Such groups will "have no safe quarter", Trump said in the White House's historic Roosevelt Room, where he also commended Turkey's "leadership in seeking an end to the horrific killing in Syria".

by | May 17, 2017 | 23:57

Speaking at the launch of The Labour Party Manifesto in Bradford , he said: " Today we set out vision to transform Britain for the 21st century". A Labour Party spokesman told New Model Adviser®: 'We have no plans at present to change the system of pensions tax relief corresponding to the marginal rate'.

by | May 18, 2017 | 01:21

Currently, the market capitalization of F.N.B. Corp (NYSE:FNB) for 81,806 shares. Four equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. In this case, shares are 12.53% higher from $30.19, the worst price in 52 weeks suffered on November 14, 2016, but are collecting gains at -2.04% for the past six months.

by | May 18, 2017 | 00:57

A number of equities research analysts have recently commented on the stock. Corp during the first quarter valued at $740,000. BlackRock Fund Advisors now owns 14,517,886 shares of the bank's stock worth $178,570,000 after buying an additional 807,000 shares during the period.

by | May 18, 2017 | 01:12

The Minnesota-based Us Bank De has invested 0% in WellCare Health Plans, Inc. The company has market cap of $1.49 billion. The Bank provides consumer and business banking products through its branchless, low-priced distribution channels and affinity partners.

by | May 18, 2017 | 01:04

For all the worldwide chaos they have caused, the ransomware attack's perpetrators have reportedly made little more than less than $70,000, according to Tom Bossert, assistant to the president for homeland security and counterterrorism. Because numerous computers impacted run older Windows systems like XP, Microsoft issued a rare patch for XP, which it had stopped updating more than three years ago.

by | May 18, 2017 | 00:54

The price for Brent crude oil broke through a psychological threshold by losing 1.6 percent from the previous close to trade at $49.96 per barrel about a half hour before the start of US trading. "Markets are losing faith that the global inventory glut will disappear on OPEC's cuts", said Michael Poulsen, an analyst at Global Risk Management Ltd.

by | May 18, 2017 | 00:45

Ransomware attacks rise 167 times in 2016 compared to 2015 as per the stats. Certainly, other major state-run organisations have also been hit by the ransomware , including German railway company Deutsche Bahn and the US Department of Homeland Security.

by | May 17, 2017 | 23:53

But Opposition parties have criticised the government, saying they had cut funding to the NHS IT budget and a contract to protect computer systems was not renewed after 2015. "We're in a very hard fight against these ever more sophisticated cyber crime syndicates that are using encryption to hide their activity", he said.

by | May 18, 2017 | 00:56

The calls for the memo's release intensified after media outlets reported that Trump had asked Comey - whose bureau was investigating the Trump campaign's alleged ties with Russian Federation - to drop an inquiry about former national security adviser Michael Flynn, who was forced out over "improper contacts" with Moscow.

by | May 18, 2017 | 00:24

Other institutional investors have also added to or reduced their stakes in the company. Kimco Realty Corp's revenue for the quarter was down 1.2% on a year-over-year basis. About 2.38 million shares traded. If you are viewing this story on another publication, it was illegally stolen and republished in violation of US & worldwide trademark & copyright law.

by | May 17, 2017 | 23:05

Since US is not a party to the agreement to cut supplies, US shale producers are free to hike production as prices rise, which in turn could undermine the unified effort to prop up the market. Despite Washington being caught up with matters related to a disclosure report on President Donald Trump, US markets largely gained from the softer dollar and the boost in crude oil prices.