Business

Business Robust US home price gains cool slightly in April
Author: 0 Robust US home price gains cool slightly in April

That's the lowest year over year gain in 5 months and once again Chicago finds itself 4th from the bottom in the ranking of the metro areas. Home prices jumped 12.9 percent in Seattle, 9.3 percent in Portland and 8.4 percent in Dallas. The ever-climbing prices come as buyers are competing over a slim supply of homes on the market. Rather, will home price gains gently slow or will they crash and take the economy down with them? Housing starts are trending higher and rising prices may ...

Author: 0 Frontier Communications Corporation (FTR) closed at $1.22 in the last trading session

It fall, as 70 investors sold FTR shares while 168 reduced holdings. The stock had its last split on Nov 27, 1998. The VC1 of Frontier Communications Corporation (NasdaqGS: FTR ) is 9. Shareholders of record on Thursday, June 15th will be issued a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a yield of 14.04%.

Business Google fined a record 2.4 billion euros in EU antitrust case
Author: 0 Google fined a record 2.4 billion euros in EU antitrust case

Google adopted the same practice in all 13 EU countries where it unveiled its shopping service, the European Commission says, starting with Germany and the United Kingdom in 2008 and, most recently, with Austria, Belgium, Denmark, Norway, Poland and Sweden in late 2013.

Business Hollywood Hired Accounting Firm To Audit The China's Box Office
Author: 0 Hollywood Hired Accounting Firm To Audit The China's Box Office

The reliability of box office accounting from the country is crucial for studios that increasingly have built their film slates to appeal to the Chinese market. The concession was one of two agreements won from negotiations shrouded in secrecy during Chinese president Xi Jinping's state visit to the US that year.

Author: 0 US warning to Syria over possible chemical attack unacceptable

But the Pentagon said on Tuesday said it detected "active preparations" by Syria for a chemical weapons attack, giving weight to the White House statement . "I am not aware of any information about a threat that chemical weapons can be used", Kremlin spokesman Dmitry Peskov told a conference call with reporters on Tuesday.

Business Kremlin cancels Friday talks with US over new sanctions
Author: 0 Kremlin cancels Friday talks with US over new sanctions

The U.S. State Department expressed regret at the cancellation of Friday's talks. The objective of sanctions is to keep the pressure on Russian Federation to find a diplomatic solution, Finance Minister Steven Mnuchin said. Despite some reluctance from Moscow-sympathetic members like Italy, these sanctions-restricting Russian banks' worldwide market access and blocking most arms trading-are expected to be unanimously renewed.

Business Theresa May details post-Brexit plans for EU citizens in UK
Author: 0 Theresa May details post-Brexit plans for EU citizens in UK

Monday's presentation offered more details of a proposal May brought to an EU summit last week, an offer which European Council President Donald Tusk said fell short of expectations and could water down citizens' rights. "But he urged the government to start the application process for settled status as soon as possible". No, although people can apply for citizenship after six years' residency.

Business Old Chinese woman throws coins into plane's engine for good luck
Author: 0 Old Chinese woman throws coins into plane's engine for good luck

The coins could have been sucked into the engine and caused great damage, even catastrophic failure, said the captain of the China Southern Airlines flight. The incident was soon trending on Weibo and police added in a statement: "After investigation the involved passenger surnamed Qiu said she threw the coins to pray for safety".

Business QinetiQ Group plc (QQ) Receives GBX 264.83 Consensus Target Price from Analysts
Author: 0 QinetiQ Group plc (QQ) Receives GBX 264.83 Consensus Target Price from Analysts

The Tph Asset Management Llc holds 51,761 shares with $4.47 million value, down from 65,328 last quarter. Janus Capital Limited Liability Company owns 0% invested in Anglo American plc (LON:AAL) for 37,260 shares. It has a 6.63 P/E ratio. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the company.

Business International Monetary Fund trims economic forecast for US
Author: 0 International Monetary Fund trims economic forecast for US

The IMF forecasts that the USA economy will grow this year at an annual rate of 2.1 percent. The Washington-based lender also trimmed its projection for the rate of expansion in the U.S. Any increase in spending could boost growth, but Trump would be forced to get spending hikes past the ultra-conservative wing of the Republicans, who have already balked at measures which would increase the fiscal deficit .

Business Southwest flight diverted after woman attempts to open door
Author: 0 Southwest flight diverted after woman attempts to open door

Authorities say a Southwest Airlines flight from Los Angeles to Houston was diverted after a passenger became disruptive and attempted to open an exterior door while the plane was in the air. Southwest Airlines has never suffered a crash in its 46 year history, during which it has flown around five billion passengers. The passenger said toward the end of the flight, the woman tried to open one of the emergency exit doors near the back of the plane.

Author: 0 Google Hit with $2.7 Bn Antitrust Fine By European Union

The Commission fined Google 2.42 billion euros (US$2.72 billion) after finding that Google had systematically given prominent placement to its own comparison shopping service and demoted those of rivals in search results. The European Commission is also investigating whether Google unfairly bans competitors from websites that use its search and advertising services. The fine was among the largest the company has had to pay to any government.

Business China premier: Beijing can control financial risks
Author: 0 China premier: Beijing can control financial risks

Bilateral ties between the two countries would be strengthened with the conclusion of the China-Singapore Free Trade Agreement upgrade and the Regional Comprehensive Economic Partnership, which would demonstrate the countries' joint commitment to globalisation, said the Singapore Prime Minister's Office in a statement.

Author: 0 Gilead Sciences, Inc. (GILD) Stock Rating Reaffirmed by Leerink Swann

The stock rose 0.49% or $0.64 reaching $132.3 per share. The company saw 14.13 million shares trade hands over the course of the day. (NASDAQ: GILD ) by 2.5% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission.

Business Saudi Arabia: A Dramatic Reordering Of Succession
Author: 0 Saudi Arabia: A Dramatic Reordering Of Succession

This is according to a role decree which was quoted by state media. A senior advisor to Iran's foreign minister, Hossein Sheikholeslam, was quoted by the semi-official Fars news agency as linking bin Salman's elevation to a "deal" made with President Trump.

Author: 0 Alexandria Real Estate Equities Inc (NYSE:ARE): Positive Stock Sentiment

The firm has "Overweight" rating by JP Morgan given on Tuesday, October 13. Investors may be interested in following the opinion signal on shares of Alexandria Real Estate Equities (ARE). Piper Jaffray maintained Gilead Sciences, Inc. The firm has "Mkt Perform" rating given on Friday, September 9 by FBR Capital. The firm earned "Outperform" rating on Tuesday, October 20 by Oppenheimer.

Business Analyst Coverage Updates - Aldermore Group (LON:ALD)
Author: 0 Analyst Coverage Updates - Aldermore Group (LON:ALD)

It has outperformed by 24.46% the S&P500. The target price per share would suggest a possible upside of 1.27 % from company's last close price. They expect $0.18 EPS, up 20.00 % or $0.03 from last year's $0.15 per share. Bridgeway Mgmt owns 159,000 shares. Winfield invested 0% of its portfolio in Paragon Group of Companies PLC (LON:PAG). About 276,080 shares traded.

Author: 0 New Zealand wins America's Cup

Emirates Team New Zealand clinched a 7-1 victory over Oracle Team USA, winning back a trophy the South Pacific nation lost in 2003 and helping erase memories of the team's catastrophic 9-8 defeat to Oracle in 2013 in a match they once led 8-1.

Business Greece to get 'more clarity' on debt relief plan
Author: 0 Greece to get 'more clarity' on debt relief plan

Among the measures offered to Greece was a possible 15-year extension in debt and interest payments due European creditors. The IMF would join the Greek bailout, Lagarde told the news conference, offering Athens a standby arrangement of less than $2 billion, the length of which will be tailored to match the end of the euro zone bailout in mid-2018.

Business US Federal Reserve Raises Interest Rates, Unveils Balance Sheet Cuts for 2017
Author: 0 US Federal Reserve Raises Interest Rates, Unveils Balance Sheet Cuts for 2017

Fed chair Janet Yellen (pictured above) said that the prospects for world's largest economy remained bright, with GDP growth of 2.2% now penned in for 2017. However, Anna Stupnytska, global economist at Fidelity International, said "emerging headwinds" in the United States economy meant a second hike would be unlikely this year.

Author: 0 Stock Movements Activity: Valeant Pharmaceuticals International, Inc. (VRX)

As per Friday , February 10, the company rating was upgraded by Stifel Nicolaus. UBS maintained it with "Buy" rating and $59 target in Tuesday, October 25 report. More interesting news about Valeant Pharmaceuticals Intl Inc (NYSE: VRX ) were released by: Seekingalpha.com and their article: "Valeant: Just Short It" published on June 14, 2017 as well as Prnewswire.com's news article titled: "John Paulson Joins Valeant Board Of Directors" with publication date: June 19, 2017.

Business Uber CEO Travis Kalanick Announces Leave of Absence
Author: 0 Uber CEO Travis Kalanick Announces Leave of Absence

The company's board adopted all of the changes that investigators-including former US Attorney General Eric Holder-recommended. In addition, the report says that diversity and inclusiveness should be a key value for Uber that's included in management training.The word diversity appears 42 times in the 13-page recommendations document.

Author: 0 Dollar hits near 5-week high against yen ahead of Yellen comments

Spot gold slipped 0.2% to United States dollars 1,241.11 per ounce by 0046 GMT. Aging demographics and a productivity slowdown are putting the brakes on global growth, he said in remarks prepared for delivery to Macquarie University in Sydney, with long-run yearly trend growth in the USA, the euro area, the United Kingdom and Canada now estimated at just 1.5 percent.

Business Cyber attack hits oil giant and banks in Russia and Ukraine
Author: 0 Cyber attack hits oil giant and banks in Russia and Ukraine

Analysts said three of every four USA oil and gas companies experienced a cyber-attack in 2016, but only a few firms said the computerized attacks posed a major security risk. A spokesman confirmed it had been affected without giving any further details. "The central bank is confident that the banking infrastructure's defence against cyber fraud is properly set up and attempted cyber attacks on banks' IT systems will be neutralised", it said.

Business Passengers told to pray as plane experiences
Author: 0 Passengers told to pray as plane experiences "technical issues"

The loss of one engine on a twin-engine aircraft requires the crew to divert to the nearest suitable airport but the term "suitable" leaves room for pilot discretion on safety grounds. There were 359 passengers onboard the Airbus A330 en route to Malaysia's capital, for what was supposed to be a almost six-hour flight. "It could have backfired, you could have had people not cooperating, not listening, tuning out, fearing for their lives at that point and not acting rationale".

Author: 0 Plains All American Pipeline, LP (NYSE:PAA) Under Analyst Spotlight

Plains All Amern Pipeline L now has $18.08B valuation. The stock declined 0.74% or $0.18 reaching $24.24 per share. Lkq Corp (NASDAQ:LKQ) was raised too. About shares traded. Plains All American Pipeline, L.P. (NYSE:PAA) has risen 11.50% since June 26, 2016 and is uptrending. Hood River Capital Management Llc, a Oregon-based fund reported 357,796 shares.

Author: 0 Price Target Analysis Marathon Oil Corporation (MRO)

Its share price has risen 20.22% in three months and is up 0.77% for the last five trades. Its up 22% from 3.35M shares previously. (NASDAQ:NFLX) versus those who think you should sell it. The company was upgraded on Tuesday, January 5 by Bank of America. Netflix, Inc. (NFLX) earnings have declined with an annualized rate of -6.5% over the last 5 years.