Finance

Amazon bids for 60% stake in India's Flipkart

Amazon bids for 60% stake in India's Flipkart

The front-runner for the acquisition, Walmart has concluded a deal to purchase a 73 percent stake in the Indian e-commerce company, with the total valuation of Flipkart touching between $20-22 bil...

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BP Bounces Back Continues As Profits Jump 71 Percent

BP Bounces Back Continues As Profits Jump 71 Percent

Still, what investors are watching most closely is cash flow, as this is what pays the bills in oil and gas, not net profits that some observers have aptly noted can be adjusted to suit the reporting ...

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The Biggest Winners in the $23 Billion Marathon-Andeavor Deal

The Biggest Winners in the $23 Billion Marathon-Andeavor Deal

About 523,063 shares traded. Diageo plc (NYSE:DEO) has risen 14.00% since April 30, 2017 and is uptrending. Marathon's stock traded down about 5.3% in Monday's premarket to $77.10. Gardner Russo & G...

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How Analysts Rated Lookers plc (LON:LOOK) Last Week?

How Analysts Rated Lookers plc (LON:LOOK) Last Week?

NMC Health Plc (LON:NMC) has 0.00% since April 27, 2017 and is. Therefore 63% are positive. Below is a list of 3i Group Plc (LON:III) latest ratings and price target changes. Wetherby Asset Mgmt owns ...

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U.S. inflation at 2 percent for first time in 6 years

U.S. inflation at 2 percent for first time in 6 years

Policymakers are expected to leave borrowing costs unchanged at their two-day meeting concluding May 2, then raise rates in June for the second time this year. The dollar slipped against a basket of c...

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A sunny afternoon in the QC

A sunny afternoon in the QC

Breezy, with a south wind 10 to 20 miles per hour. Tomorrow: Partly Cloudy, Isolated Showers Overnight (20%). Saturday , it will be sunny with a high near 66, the weather service said, and a nort...

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Deutsche Bank cuts more to fight earnings plunge

Deutsche Bank cuts more to fight earnings plunge

Deutsche Bank said that the measures would lead to a "significant reduction" in the workforce in the current year. The agency said it would decide by the end of May at the latest whether to downgra...

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Possible Bad News For Twin Falls Subways As 500 US Stores Closing

Possible Bad News For Twin Falls Subways As 500 US Stores Closing

There could be a few hundred less Subway locations in North America - and Western New York - by the end of the year. The sandwich chain has more than 50 stores in Northeast Ohio. In 2015, the face of ...

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Ford to ditch all cars but Mustang, 'Focus Active crossover'

Ford reported a better-than-expected first-quarter profit, with a seven per cent increase in revenue and a lower effective tax rate offsetting a jump in costs, especially higher commodity prices. Sh...

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Report details Pennsylvania's strict probation rules after rapper Meek Mill's release

Report details Pennsylvania's strict probation rules after rapper Meek Mill's release

After spending five months in prison, he was released Tuesday after the Pennsylvania Supreme Court ordered the rapper be granted "unsecured bail", overruling a lower court's decision. "It's like a c...

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United States media giant Comcast challenges Murdoch with rival bid for Sky

United States media giant Comcast challenges Murdoch with rival bid for Sky

Britain's competition regulator is conducting an investigation into whether Fox's bid for Sky would give Murdoch and his family - who already own several other media titles in the United Kingdom - too...

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Inventor Peter Madsen gets life sentence for Kim Wall murder

Inventor Peter Madsen gets life sentence for Kim Wall murder

Her remains were found in plastic bags on the Baltic Sea bed weeks later. At first he said her skull had been crushed by a heavy latch, but after the discovery of Wall's head, he claimed instead tha...

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FAA Orders Emergency Inspections Of 352 Engines Following Deadly Southwest Incident

FAA Orders Emergency Inspections Of 352 Engines Following Deadly Southwest Incident

Investigators say there was a fault with the engine's fan blades. It said that any fan blades that failed the inspection would have to be replaced. The incident raised a number of questions because ...

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Statement from President Drake on the passing of Earle Bruce

Statement from President Drake on the passing of Earle Bruce

He recorded a 36-32 record at Iowa State between 1973-1978, which included three eight-win seasons in a row and two notable victories against rival Nebraska. But Bruce's contributions go well beyond a...

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Trimmeds QUALCOMM, Inc. (QCOM) Target Price to $50.00

Voloridge Investment Management Llc who had been investing in Nike Inc for a number of months, seems to be less bullish one the $105.17 billion market cap company. Veritable Limited Partnership invest...

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New York's 'Fearless Girl' statue is moving to stock exchange

New York's 'Fearless Girl' statue is moving to stock exchange

The company argues the statue has already had a measurable impact: Since the installation of " Fearless Girl " in March 2017, State Street says more than 150 companies have hired women to their boards...

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Malaria Summit appeals to Commonwealth for help

Malaria Summit appeals to Commonwealth for help

The malaria summit was created to coincide with a Commonwealth Heads of Government Meeting in London this week. "The commitments made today, from the United Kingdom, country leadership, and the pr...

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New Jersey extends tax deadline to midnight Wednesday

New Jersey extends tax deadline to midnight Wednesday

The " Payment Plan " page, where filers can pay their tax bill in installments also appears to be back online after having crashed earlier . The filing deadline had been Tuesday, but taxpayers ...

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Rose Acre Farms recalls eggs due to possible health risks

Rose Acre Farms recalls eggs due to possible health risks

States which are affected by this recall include Colorado , Florida , New Jersey , New York , North Carolina , Pennsylvania , South Carolina , Virginia and West Virginia . The father and s...

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Anchor Store Bon-Ton to Shut Down

Anchor Store Bon-Ton to Shut Down

Bon-Ton also owns that chain of stores that also are located in Forsyth, Peoria, Pekin, Springfield and Champaign in Central Illinois. The Pennsylvania-based Bon Ton attempted to auction off its asset...

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The Goldman Sachs Group, Inc. (NYSE:GS) unit acquires Clarity Money

The Goldman Sachs Group, Inc. (NYSE:GS) unit acquires Clarity Money

Regions Fincl invested 0.06% of its capital in The Goldman Sachs Group, Inc . (NYSE:GS). Global Endowment Mgmt Limited Partnership has 1,640 shs for 0.06% of their capital. GS has 3.02M shares volume...

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Netflix produces record first quarter

Netflix produces record first quarter

Of course that doesn't mean these users or stick around (or that they even actively use the cable subscription they pay for), but it has helped Comcast all the same. Netflix had a net margin of 4.78% ...

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Hector School Board approves 2018-19 calendar

Hector School Board approves 2018-19 calendar

Born in Farmington and raised Hobbs and Odessa because of her father's occupation in the oilfield, McIlroy said she and her husband Marty have a deep and thorough understanding and love for New Mexico...

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OPEC Sees Oil Markets Tighten Further Even As US Shale Booms

OPEC Sees Oil Markets Tighten Further Even As US Shale Booms

The Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC producers led by Russian Federation have agreed to maintain oil output cuts until the end of 2018 aiming to reduce global in...

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Trump orders Postal Service review after blasting Amazon deal

Trump orders Postal Service review after blasting Amazon deal

The president has also criticized Amazon for not paying its share of taxes and for hurting more traditional bricks-and-mortar retailers that have been hurt as a greater share of their business goes ...

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