Economy

LONDON, May 10 (Reuters) - Oil prices rose on Wednesday after a larger-than-expected fall in USA crude inventories but failed to recoup last week's losses due to concerns about rising output from the United States, Libya and Nigeria. While Goldman Sachs Group Inc. and Citigroup Inc. see the market tightening and say the recent selloff wasn't based on fundamentals, concerns remain about the pace of rising US supply.
  • Bundesliga signs up first woman referee for next season

    Bundesliga signs up first woman referee for next season

    Economy

    Bibiana Steinhaus will become the first woman referee in Bundesliga history when she officiates in Germany's first tier for the 2017-2018 season. Steinhaus said she experienced "a complete roller coaster of emotion" upon hearing the news that she was among the four new lead referees selected to take charge of matches next season.
  • Discover Financial Services (DFS) Stock Rating Reaffirmed by Instinet

    Economy

    Out of 24 Wall Street analysts rating Discover Financial Services, 16 give it "Buy", 0 "Sell" rating, while 8 recommend "Hold". Discover Financial Services (NYSE:DFS) has risen 6.00% since April 19, 2017 and is uptrending. The ex-dividend date of this dividend is Tuesday, May 9th. This represents a $1.20 annualized dividend and a yield of 1.99%. Discover Financial Services's dividend payout ratio (DPR) is now 20.76%.
  • Long term Growth Analysis of Spirit Realty Capital, Inc. (NYSE:SRC)

    Long term Growth Analysis of Spirit Realty Capital, Inc. (NYSE:SRC)

    Economy

    Currently, the market capitalization of Spirit Realty Capital, Inc. ( SRC ) is at 25.85. The $7.03 level represents at least another 3.3% downside for the stock from its current price. Look at the direction of the moving average to get a basic idea of which way the price is moving. 16, 2017. At recent session, the prices were hovering between $2.35 and $2.62.
  • Oil rises on hopes of supply cut extension

    Economy

    West Texas Intermediate rose 28 cents to $49.35 per barrel, the highest climb since April 26, while Brent increased 30 cents to $52.51 per barrel. The main risk is that OPEC fails to renew the deal and increases output just as the supplies resulting from short-cycle (primarily shale) investment in the U.S.
  • Valeant Pharmaceuticals International Stock Rise in 2016 Q4 Driven by Institutional Investors

    Economy

    By reviewing stock prices from the stock market history of the company and examining its analysts ratings can give an investment picture with updated information of stock which helps investors to make investing decision. The rating was maintained by BTIG Research on Thursday, May 11 with "Neutral". The stock was sold at an average price of $11.00, for a total transaction of $199,258,752.00.
  • 'WannaCry' Malware Taken Down By IT Expert With LA Ties

    'WannaCry' Malware Taken Down By IT Expert With LA Ties

    Economy

    Hutchins said he stumbled across the solution when he was analyzing a sample of the malicious code and noticed it was linked to an unregistered web address. Hutchins works out of his bedroom in the seaside resort town of Ilfracombe on a sophisticated computer setup with three large screens. His mother Janet, a nurse, could not be prouder, and was happy to have the anonymity lifted.
  • Here's Why Ford is Cutting 10% Of Its Global Workforce

    Economy

    Ford Motor Co. announced Monday evening plans to slash up to 10 percent of its workforce in Asia and North America, a move the company hopes will boost profits and bolster its falling stock price. The reductions will mostly be in North America and the Asia Pacific region. The company said Wednesday that it expects to use early retirement and other buyout packages to cover most of the cuts.
  • Home Depot fiscal results a bright light in retail segment

    Home Depot fiscal results a bright light in retail segment

    Economy

    Home Depot accounts for approximately 2.2% of Woodstock Corp's portfolio, making the stock its 9th largest position. BOYD JEFFERY H also bought $1.28M worth of Home Depot Inc (NYSE:HD) on Friday, November 18. The firm had revenue of $23.89 billion for the quarter, compared to analysts' expectations of $23.74 billion. In fiscal 2016, The Home Depot had sales of $94.6 billion and earnings of $8.0 billion.
  • Opec panel looking at deepening, extending oil cuts

    Economy

    The Organization of the Petroleum Exporting Countries ( OPEC ) and other producers including Russian Federation meet on May 25 to decide whether to extend output cuts of nearly 1.8 million barrels per day. "One of the biggest difficulties facing the cartel, however, is that there is a lag between output cuts and inventory changes", Bank of America Merrill Lynch said in a note.
  • Fiat Chrysler seeks diesel emission certification from EPA

    Fiat Chrysler seeks diesel emission certification from EPA

    Economy

    FCA's diesels have also been the subject of attention in Europe. Mayne said this week's changes are different from the ones proposed before January 12, and FCA said today that the filing comes after "many months of close collaboration between FCA U.S.