ECONOMIA

Toshiba chairman resigns as company shares dive after delaying financial results

Toshiba chairman resigns as company shares dive after delaying financial results It is also hoping to sell off its memory chip business to fix its struggling balance sheet. The company has been grappling in recent years with a scandal over company officials' doctoring of accounting books to meet unrealistic profit targets. Continua a leggere...

Earnings Analysis & Update for Phillips 66 (NYSE:PSX)?

Earnings Analysis & Update for Phillips 66 (NYSE:PSX)? Finally, Citigroup Inc. raised shares of Phillips 66 from a "neutral" rating to a "buy" rating in a research report on Wednesday, January 25th. Stock's minimum price target estimates has been figured out at $84 while the maximum price target forecast is established at $104, if we look at the price target with an optimistic approach it has upside potential of 30% from its latest closing price of $7... Continua a leggere...

Don't Hold Your Breath For $70 Oil Prices

Don't Hold Your Breath For $70 Oil Prices Brent crude futures were trading at $55.63 per barrel at 0638 GMT, up 4 cents from their last close. Meanwhile, the price of March futures for West Texas Intermediate (WTI) oil has decreased by 0.70 percent and stood at $52.83 per barrel. Given these trends, analysts say that OPEC might have to extend its cuts for a longer period than the now planned first half of 2017. Saudi Arabia cut its oil ... Continua a leggere...

Sensex closes 184 points down; Tata Motors plunges 10%

The benchmark index of Bombay Stock Exchange (BSE) today declined by 12.31 points to end negative at 28,339.31 on profit booking by local operators. Similarly, the NSE 50-share Nifty was down by 58.80 points, or 0.67 per cent, at 8,733.50. Continua a leggere...

GM in talks to sell Opel, Vauxhall to France's PSA

France's leading vehicle maker PSA group on Tuesday said that it is holding talks with General Motors to buy its European units Opel and Vauxhall brands in a move to bolster its profitability and strengthen its position in global auto market. Continua a leggere...

Monetary Authority of Singapore Relaxes Some Rules to Improve Financing of SMEs

Monetary Authority of Singapore Relaxes Some Rules to Improve Financing of SMEs MAS will be phasing in these changes during the year. They also have S$16 billion in combined assets. "Finance companies fill a useful niche in SME financing, complementing the role of banks". Listed companies Hong Leong Finance Ltd (豐隆金融), Sing Investments & Finance Ltd (星金融發展) and Singapura Finance Ltd (富雅金融) currently hold about S$7 billion (US$4.9 billion) of outstanding loans to SMEs, or ju... Continua a leggere...

Tesco store workers' strike action to start

Tesco store workers' strike action to start Tesco says all its stores will remain open. The employees took to the picket lines first thing this morning and their union, Mandate, the workers have been "left with no option" but to take strike action. John Douglas, Mandate's General Secretary, says that there is an important principal at stake which is about one side being in a position to tear up an existing agreement and impose change agai... Continua a leggere...

Rolls-Royce share price: Analysts weigh in on full-year results

East spoke after Rolls-Royce posted adjusted pretax profit of £813m for 2016, heavily down from the previous year, although better than the £685m estimated by analysts. The post-Brexit drop in the pound led to a £4.4 billion hedging charge for the year. Rolls-Royce last month agreed to pay £671mil in charges to the US, UK and Brazilian fraud agencies to settle bribery charges. Continua a leggere...

Cap Imposed On Prices Of Stents To Give Cardiac Patients Major Relief

Cap Imposed On Prices Of Stents To Give Cardiac Patients Major Relief On a day that deals with matters of the heart, the government has drastically reduced the prices of life-saving coronary stents. The prices were way beyond the reach of most patients. The ceiling price excludes local taxes. Hospitals, nursing homes and clinics that store cardiac stents are now bound to mention the cost of a stent and disclose the brand name of a stent being used in their bills t... Continua a leggere...

Department of Education spells WEB Du Bois' name wrong in tweet

Department of Education spells WEB Du Bois' name wrong in tweet Secretary of Education. During a parent-teacher conference at the White House on Tuesday, President Trump congratulated his newly sworn-in Secretary of Education, Betsy DeVos . "They have proved time and again that they can provide American students with a great public education in places where public schools are more or less failing", said Denzer. Continua a leggere...

White House claims about Flynn, Russia scandal draw fresh scrutiny

White House claims about Flynn, Russia scandal draw fresh scrutiny Flynn's controversial phone call following reports of close Russian ties continues to tarnish the controversy-prone Trump administration. Donald Trump's national security adviser Michael Flynn. The idea that not just in this administration, but the Obama administration, going back to the Bush administration and back, that we have an issue where classified information-of which this would be-... Continua a leggere...

Acacia Mining doubles its dividend as revenues rise 21 per cent

Acacia said it will more than double its dividend for the year to 10.4c per share. Acacia's mines are all in Africa and the company highlighted a record year for North Mara in Tanzania as costs overall fell 14% to US$958 all in. LONDON-Acacia Mining PLC (ACA.LN) reported a swing to pretax profit for the fourth quarter of 2016 and said it expects to see the 2017 production of between 850,000 and ... Continua a leggere...

PSA Group makes first move in acquiring GM's European business

If approved, the newly-formed vehicle manufacturer would get a 16 % market share in Europe, trumping Renault but still trailing market leader Volkswagen. "It may leave PSA stronger in Europe, but what this group really needs is a stronger presence outside Europe", Wells adds. GM has long relied on Opel to design passenger cars, which are more popular in Europe than in the U.S. Continua a leggere...

Aberdeen Asset Management PLC UK Boosts Position in Agilent Technologies, Inc. (A)

Wetherby Asset Management Inc. increased its stake in Agilent Technologies by 3.0% in the fourth quarter. August 17, 2016: Agilent Technologies, Inc . Cowen & Co. Maintains Agilent Technologies, Inc . If you are viewing this piece on another website, it was stolen and republished in violation of United States & worldwide trademark and copyright legislation. Continua a leggere...

Investors Watch List: Yum! Brands, Inc. (NYSE:YUM), Amyris, Inc. (NASDAQ:AMRS)

Investors Watch List: Yum! Brands, Inc. (NYSE:YUM), Amyris, Inc. (NASDAQ:AMRS) Stock analysts expect it to report per-share earnings of $0.62 in that period. World Asset Management Inc increased its position in shares of Yum! Brands in a research report on Tuesday. Hudock Capital Group LLC raised its stake in Yum! Brands, Inc., suggesting a -0.25% decline from recent close. IFC Holdings Incorporated FL now owns 2,980 shares of the restaurant operator's stock valued at $249,0... Continua a leggere...

Analyst Stock Ratings: Navidea Biopharmaceuticals, Inc (NAVB), PayPal Holdings, Inc. (PYPL)

Currently, the stock carries a price to earnings ratio of 35.29, a price to book ratio of 3.33, and a price to sales ratio of 4.54. (NASDAQ:VIAB) might hit $44.84, however, the High Price Target and Low price Target are $56 and $31, respectively. Continua a leggere...

What are Analysts opinions on: Cheniere Energy, Inc. (NYSEMKT:LNG)

Howard Weil lowered Cheniere Energy Partners, from an outperform rating to a sector perform rating and raised their price target for the stock from $33.00 to $35.00 in a report on Thursday, December 15th. The company also recently announced a quarterly dividend, which was paid on Monday, February 13th. Stockholders of record on Friday, February 17th will be paid a $0.02 dividend. Continua a leggere...

Latest Snaplytics Report Offers Unique Insights on Snapchat Engagement Metrics

The Snapchat Quarterly Report Q4 2016 from Snaplytics , a Snapchat analytics specialist, was based on a survey of 500 brands with 24,180 Snapchat stories and a total of 217,000 Snaps. It further observed that, unlike influencers on the platform, brands did not seem to have been adversely affected by the rise of Instagram Stories and the elimination of Snapchat's auto advance feature. Continua a leggere...

Australia's Wesfarmers logs record first-half profit as coal prices surge

Earnings in the business had doubled since 2009 and Officeworks was delivering a 13.9 per cent return on capital, Mr Goyder said, making it the right time to capitalise on the turnaround. SYDNEY, Feb 15 Australian retail-to-mining conglomerate Wesfarmers Ltd unveiled a record first-half profit as a boom in coal prices offset a decline in supermarket earnings - a result that has investors rethinkin... Continua a leggere...

Featured Stock to See: Biogen Inc. (NASDAQ:BIIB)

Biogen presently has a consensus rating of "Buy" and a consensus price target of $337.45. Other institutional investors also recently modified their holdings of the company. The original version of this story can be read at [[permalink]]. The stock was sold at an average price of $295.39, for a total transaction of $1,609,875.50. Continua a leggere...


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