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Economy

Investors were awaiting Friday's monthly USA non-farm payrolls report for greater signs of the Fed's likely rate hike trajectory through the end of the year. Futures traders are now pricing in a 72 percent chance of a June rate hike, from 63 percent before the Fed's statement, according to the CME Group's FedWatch Tool.
  • Ryan Seacrest is Kelly Ripa's new 'Live' co-host

    Ryan Seacrest is Kelly Ripa's new 'Live' co-host

    Economy

    He is a kind human being and a seamless broadcaster for whom the 46-year-old Ripa said can take the show into future. As Radar readers know, Ripa claimed she was completely blindsided by show executives when Michael Strahan announced his plans to leave the show for GMA last summer without informing her first.
  • USA stock indexes waver around record highs, dollar ticks up

    Economy

    The Dow Jones Industrial Average edged up 0.03 percent to end at 21,012.28 points and the S&P 500 gained 0.08 points, less than a hundredth of a percent, to end at 2,399.37. In markets overseas, the French CAC 40 fell 0.9 percent. But US stocks stayed within a tight range on the whole as investors digested centrist Emmanuel Macron's election victory in France Sunday, which was expected.
  • Micro Focus disappointed by HPE's falling revenue

    Economy

    Hewlett Packard Enterprise Company (HPE) has a market capitalization of 31.18 Billion while its Major Index membership is at S&P 500 . The technology company reported $0.45 EPS for the quarter, topping the Zacks' consensus estimate of $0.44 by $0.01.
  • Writers Guild of America Reaches Deal, Avoids Strike

    Economy

    Hollywood's studios and writers have reached a deal ending the threat of a strike paralyzing the film and television business, according to multiple reports . Although there's more scripted TV, episodes are getting more expensive and lengthier to make, meaning season sizes have become a lot shorter. The Guild had won overwhelming 96.3 percent support for a stoppage and had set plans to picket TV and movie studios on Tuesday morning if no deal had been reached.
  • Justin Trudeau congratulates Emmanuel Macron on French election victory

    Justin Trudeau congratulates Emmanuel Macron on French election victory

    Economy

    According to polling done before Sunday evening's vote, the true support for Macron amongst French voters could be far lower than the 65 per cent he received on the night. Facing massive unpopularity, Mr Hollande decided against seeking a second term. Macron's biggest challenge is instead likely to come from the conservative Republicans, still smarting from defeat in a presidential election that looked theirs for the taking before their candidate Francois Fillon became embroiled in an ...
  • Saudi energy minister says oil output cuts likely to be extended

    Economy

    The U.S. West Texas Intermediate ( WTI ) crude oil futures fell more than 3 percent in early trading, ending up below $44 a barrel, the lowest price since Nov 14. Despite this sharp move lower in prices and timespreads, our tracking of the oil market rebalancing suggests that the month of April featured further progress in reducing the inventory overhang, although at a pace short of prior consensus expectations.
  • Bharti Airtel's Q4 total net income falls 72%

    Bharti Airtel's Q4 total net income falls 72%

    Economy

    The Consolidated revenues for the quarter at Rs 3,520 crore grew by 11% over the corresponding period a year ago. "Decline in data tariffs will pull down average revenue per user (ARPUs), despite higher volumes, while voice revenue remains at risk due to Reliance Jio's declared voice pricing strategy", Indian Ratings said.
  • Wells Fargo & Company (NYSE:WFC) is weighing sale of insurance brokerage business

    Economy

    Norges Bank owned approximately 1.01% of Wells Fargo & Co at the end of the most recent reporting period. It increased, as 60 investors sold VZ shares while 658 reduced holdings. The stock of Harman International Industries Inc (NYSE:HAR) earned "Overweight" rating by Barclays Capital on Monday, January 25. If you are accessing this piece of content on another domain, it was illegally stolen and republished in violation of US & global copyright and trademark laws.
  • Mitie Group PLC 19.5% Potential Decrease Indicated by Liberum Capital

    Economy

    They expect $0.13 EPS, up 115.66% or $0.96 from last year's $-0.83 per share. After $0.09 actual EPS reported by Cogent Communications Holdings Inc for the previous quarter, Wall Street now forecasts 11.11% EPS growth. has invested 2.64% in the stock. (NASDAQ:CVCO) has risen 22.35% since September 27, 2016 and is uptrending. It has outperformed by 30.69% the S&P500.
  • Dollar stands tall after Fed keeps door open to June hike

    Economy

    The Federal Reserve struck a familiar tone in its statement concerning interest rates, pointing out that interest rate increases will be gradual in 2017, and highlighted that growth in economic activity had slowed in the first quarter, while household spending rose "only modestly".