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Economy

Macron is already looking the part. It will be a short honeymoon for French President-elect Emmanuel Macron. France's far-right National Front party is gearing up for a name change - but not a makeover of its ideas - after its decisive loss to centrist Emmanuel Macron.
  • 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".
  • Increased ownership by the Hansson family

    Economy

    Shares of Nordic American Tanker (NYSE:NAT) traded down 1.12% during trading on Friday, reaching $7.07. Metropolitan Life Insurance Co. NY now owns 67,117 shares of the shipping company's stock worth $564,000 after buying an additional 6,012 shares during the period.
  • Jeremy Corbyn 'will not quit even if he loses election'

    Economy

    Labour estimates that the tax increase would raise an additional £377 million to easily cover the £162m that English hospitals raise annually from auto parking charges. She said moves to form a "progressive alliance" would cease as the Greens focus on their election campaign alone. First Minster Nicola Sturgeon has said that only the SNP can represent Scotland's national interests in relation to the European Union, and Scotland's economic and political ties with the block.