Economy

Barclays Capital maintained the shares of AEP in report on Friday, July 29 with "Overweight" rating. Bernstein has "Market Perform" rating and $34 target. Bridgeway holds 0.12% or 224,628 shares in its portfolio. Moreover, Telos Mgmt Inc has 0.24% invested in American Electric Power Company Inc (NYSE:AEP).
  • G7 leaders make progress on trade, remain split on climate change

    Economy

    US and European officials warned that the talks on Friday and Saturday between US President Donald Trump and the other G7 leaders would be tough, particularly on climate, trade and security. Trump announced his forthcoming decision in a tweet , on the final day of his first global trip as president. The president also raised eyebrows with his comment in a private meeting that Germans are "bad" for having a large trade surplus with the U.S.
  • Man tried to bite flight attendant, jumped from plane

    Man tried to bite flight attendant, jumped from plane

    Economy

    A man tried to bite an American Airlines flight attendant before he opened an exit door and jumped out of a plane Thursday at Charlotte-Douglas International Airport, according to a federal complaint. Sein was scheduled to appear in court for the first time on Friday morning. Airport workers intercepted Sein before he could reach an active taxiway.
  • Saudi Cartoonists Show Trump Morphing From Enemy To Partner

    Saudi Cartoonists Show Trump Morphing From Enemy To Partner

    Economy

    Urging countries to deny terrorists space to operate, Trump said , "The first task in this joint effort is for your nations to deny all territory to the foot soldiers of evil.Every country in the region has an absolute duty to ensure that terrorists find no sanctuary on their soil".
  • Moody's lowers China credit rating as growth slows

    Moody's lowers China credit rating as growth slows

    Economy

    Meanwhile, China's Ministry of Finance responded to the downgrade, stating Moody's underestimated the capability of the government to deepen reform and boost demand. The latter aim, backed by global institutions as necessary, has seen growth drop from a peak of 10.6% in 2010 to 6.7% last year - a trend expected to continue, with Moody's predicting a gradual cooling down of close to 5% over the next five years.
  • Former Ford CEO Mark Fields to leave company with $51.1 million

    Former Ford CEO Mark Fields to leave company with $51.1 million

    Economy

    Hackett, 62, a former CEO of furnishings producer Steelcase Inc, was named to replace CEO Mark Fields on Monday. Ford Motor Co (F.N) has named James Hackett as Chief Executive, in response to investors' growing unease about the USA automaker's slumping stock price and its ability to counter threats from longtime rivals and Silicon Valley.
  • Costco Wholesale Corporation (COST) Q3 Earnings Top View As Comps Rise 5%

    Costco Wholesale Corporation (COST) Q3 Earnings Top View As Comps Rise 5%

    Economy

    Costco Wholesale (NASDAQ: COST ) last issued its earnings results on Thursday, May 25th. It has outperformed by 8.44% the S&P500. Costco Wholesale Corp. Ranger Limited Partnership holds 115 shares or 0% of its portfolio. Reynders Mcveigh Capital Management Lc has 0.13% invested in Costco Wholesale Corporation (NASDAQ: COST ).
  • Sean Hannity will remain at Fox News, despite advertiser bolt

    Economy

    Cars.com, mattress companies Leesa Sleep and Casper, United Services Automobile Association ( USAA ), Peloton bicycles, the Crowne Plaza hotel chain and doorbell company Ring have all asked to cancel their adverts from the show, The Los Angeles Times reported .
  • Petrofac suspends top executive amid SFO corruption probe

    Petrofac suspends top executive amid SFO corruption probe

    Economy

    Earlier this month, the SFO announced it was investigating the activities of Petrofac , its subsidiaries, and its employees, under suspicion of bribery, corruption and money laundering relating to a probe into Moroccan oil firm Unaoil. The SFO also "does not accept the company's findings" from an internal investigation, completed in 2016 by lawyers Freshfields and forensic accountant from KPMG.
  • Marvell Technology Group Ltd. (MRVL) Shares Gap Up After Strong Earnings

    Marvell Technology Group Ltd. (MRVL) Shares Gap Up After Strong Earnings

    Economy

    This will be supported by growth from the company's wide range of newly-launched IoT solutions. The company also recently announced a quarterly dividend, which was paid on Thursday , April 20th. (NASDAQ: MRVL ). The business had revenue of $579.18 million for the quarter, compared to the consensus estimate of $570.72 million. The firm's revenue for the quarter was down 5.2% on a year-over-year basis.