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Economy

Work on tracks and signals will begin in May and continue through the summer, Amtrak CEO Wick Moorman said. NEWARK, N.J. (AP) — Commuters who already have endured recent slowdowns at New York's Penn Station are about to hear about more potential delays .
  • European Central Bank keeps stimulus unchanged

    Economy

    Inflation fell back to an annual rate of 1.5 per cent in March. Though a raft of economic indicators in recent weeks have pointed to a strengthening recovery, there was little expectation the bank would adjust policy in the run-up to the second round of France's presidential election, in which anti-euro candidate Marine Le Pen is battling pro-EU front-runner Emmanuel Macron.
  • China Launches Second Aircraft, Showing off Growing Navy Power

    China Launches Second Aircraft, Showing off Growing Navy Power

    Economy

    Some Chinese experts propose that China would require five to six aircraft carriers to project power simultaneously in the West Pacific, as well as the Indian Ocean - India's core area of concern. Early on Wednesday morning it was towed from Dalian Shipyard, Liaoning , to a nearby wharf, China's Ministry of National Defense said. The aircraft carrier is the first domestically built vessel of its kind for China .
  • Oil-gas wells shut down after fatal Colorado home explosion

    Oil-gas wells shut down after fatal Colorado home explosion

    Economy

    Deutsche Bank maintained Anadarko Petroleum Corporation (NYSE:APC) rating on Thursday, September 15. FMR LLC boosted its position in Anadarko Petroleum by 10.1% in the fourth quarter. If you are viewing this piece of content on another website, it was illegally stolen and reposted in violation of worldwide copyright & trademark laws.
  • Intertek Group plc (ITRK) Stock Rating Reaffirmed by Berenberg Bank

    Economy

    The ex-dividend date of this dividend is Thursday, April 6th. One equities research analyst has rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. It has a 24.72 P/E ratio. It operates in two divisions: Document Management and Relocation. About 678,616 shares traded or 49.06% up from the average.
  • Investors Catching Stocks STMicroelectronics NV (STM)

    Economy

    For the next financial year, analysts forecast that the business will post earnings of $0.90 per share, with EPS estimates ranging from $0.67 to $1.02. The firm has a 50 day moving average of $15.27 and a 200 day moving average of $12.22. Debt to Equity ratio stands at 0.32 while Long Term Debt To Equity Ratio flashes the value of 0.29.
  • Le Pen vows to end immigration if elected President

    Le Pen vows to end immigration if elected President

    Economy

    Le Pen and Mr. Macro still leading the field with an average of 23% of the French population supporting either candidate, but with Mr. Fillon and Mr. Melenchon now only 3% points each behind the front runners, with the front runners losing support while the latter two have seen their numbers rise modestly".
  • US unemployment claims tick up but remain at low level

    US unemployment claims tick up but remain at low level

    Economy

    Data for the prior week was revised to show 1,000 fewer applications received than previously reported. "The weekly jobless claims suggest the labor market is tight as a drum for this cycle anyway, with further improvement unlikely, now that all those left unemployed in the wake of the recession and financial crisis have found work".
  • McDonald's drops plan to sell shares in Japan unit

    McDonald's drops plan to sell shares in Japan unit

    Economy

    McDonald's reported higher first-quarter earnings on Tuesday, citing a pick up in key regions, including the United States and China , as well as Japan. Shares of McDonald's Co. (NYSE:MCD) opened at 140.84 on Thursday. McDonald's Corporation has $155 highest and $35 lowest target. The company has PEG ratio of 2.99 and price to cash ratio of 95.38.
  • Shutdown Less Likely With Nixed Border Wall Funding

    Shutdown Less Likely With Nixed Border Wall Funding

    Economy

    Limbaugh wants. Democrats blasted the approach, warning that Republicans risked being blamed for shuttering the government barely three months into Trump's administration. "We're not opposed to border security". Here's President Trump speaking to reporters at the White House this afternoon. White House spokesman Sean Spicer said Monday that administration negotiators including President Trump's budget chief, Mick Mulvaney, "feel very confident" that a shutdown won't occur.
  • BUSINESS REPORT: Could the Trump corporate tax cut be bad for Canada?

    BUSINESS REPORT: Could the Trump corporate tax cut be bad for Canada?

    Economy

    Democrats sounded an immediate warning to the White House. Reduce the seven tax brackets to three brackets of 10 percent, 25 percent and 35 percent. Rep. Chris Collins, R-N.Y., said, "There's no question, when you lower the marginal rates, you're going to have to take away a lot of the deductions".