Economy

Guy Verhofstadt, the Brexit representative for the European Parliament, said today that the result was "yet another own goal - after Cameron now May", referring to last year's Brexit referendum. No. It has happened only twice in the past century , in 1974 and 2010, though governments that were elected with a majority have also lost it through defection.
  • Cramer: Theresa May 'may or may not be prime minister'

    Economy

    The British currency lost as much as three cents against the US dollar by Friday as the results confirmed exit poll predictions that Prime Minister Theresa May had failed in her gambit to gain a stronger majority for those Brexit talks.
  • Comey painted a picture of a president abusing his authority

    Economy

    But there was no rest for partisan spinners. The committee also sent a letter to Comey asking for any notes or memos in his possession about the discussions he had with Trump before being abruptly fired last month. It may prove injurious - possibly fatal - to the political fortunes of the Trump administration. And many of those Republicans raised concerns with the president's actions even as they doubted the weight of Comey's testimony.
  • What's Ahead for STMicroelectronics NV (ADR) (STM) After Touching 52-Week High?

    Economy

    Molson Coors Brewing Company has far performed well this year, with the share price down -10.43% since January. It has underperformed by 33.04% the S&P500. Spark Investment Management Llc owns 85,900 shares or 0.02% of their USA portfolio. 241 are owned by Barnett And. Balyasny Asset Mngmt holds 0.25% or 470,716 shares in its portfolio.
  • New Analyst Ratings For Big Yellow Group (LON:BYG)

    Economy

    It has a 121.64 P/E ratio. Four analysts have rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the company. The stock of Myriad Genetics, Inc. Liberum Capital maintained the stock with "Buy" rating in Wednesday, January 20 report. The company was maintained on Tuesday, August 18 by Deutsche Bank.
  • Uber dismisses over 20 employees after law firm's probe

    Uber dismisses over 20 employees after law firm's probe

    Economy

    In the last few months, departures have included VP of finance Gautam Gupta, president Jeff Jones - who was at the company for less than a year - and Anthony Levandowski , an exec at the center of Uber's battle with Google (GOOGL, Tech30) over stolen self-driving auto technology.
  • Financial Watchlist of Eli Lilly and Company (NYSE:LLY)

    Financial Watchlist of Eli Lilly and Company (NYSE:LLY)

    Economy

    The company also recently announced a quarterly dividend, which will be paid on Friday, June 9th. It has underperformed by 12.00% the S&P500. The other 1 are split, though not evenly, between analysts who think you should buy its stock versus those who think you should sell it.
  • Sterling dives, FTSE thrives after UK election shock

    Economy

    The pound slumped 2 per cent to $1.2702 as of 8:45am London time on Friday, after touching $1.2636, the lowest level since April 18, the day May called the snap election. That could either be because investors are awaiting who will form a government, or on the promise that Conservative Party weakness could result in a softer Brexit.
  • Flight shares soar as pound sinks after election shock

    Flight shares soar as pound sinks after election shock

    Economy

    Above all, investors are anxious about the general uncertainty surrounding the country - whether a bruised May will resign in due course, whether the Conservatives will be able to form a new government or whether it will be an alliance of opposition parties, led by the Labour Party .
  • After UK Election, The Only 'Certainty' In Britain Is Uncertainty

    Economy

    Receiving her first post-election calls from foreign leaders, May was congratulated by US President Donald Trump , who agreed with her on "continuing the close cooperation" between Britain and America, Downing Street said. During the election campaign, the public's attention turned towards May for her controversial arms deals with Saudi Arabia. Voters ultimately cast their ballots in favor of Brexit , however, putting Cameron in the awkward position of feeling compelled to resign, with the ...
  • Sen. John McCain's freakish questioning of Comey

    Economy

    Odd because McCain isn't actually on the Senate intelligence committee. Sen. John McCain , R-Ariz., questions former FBI Director James Comey during a Senate Intelligence Committee hearing on Capitol Hill, Thursday, June 8, 2017, in Washington.
  • Theresa May says she'll remain PM despite calls to go

    Economy

    No. It has happened only twice in the past century , in 1974 and 2010, though governments that were elected with a majority have also lost it through defection. It's also not the first time Americans have tried to figure out Corbyn's influence on the current political landscape. The DUP didn't immediately comment, but it has previously said it was open to some kind of alliance .