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Economy

The firm has a market cap of $131.50 billion and a P/E ratio of 22.15. Jefferies Group LLC reiterated a "buy" rating and issued a GBX 5,800 ($73.37) price objective on shares of British American Tobacco plc in a report on Monday, February 27th.
  • US stocks end mostly lower after Fed rate hike

    Economy

    Federal Reserve Chair Janet Yellen says she has not spoken with President Donald Trump about serving a second four-year term in office. In the wake of the financial crisis, the central bank added Treasury securities and mortgage-backed securities to its balance sheet.
  • Johnson hopes timing is right for another US Open title

    Economy

    Since then he's winless in his last nine majors but he insists it's not a streak that's causing him sleepless nights just yet, pointing out that both Tiger Woods and Jack Nicklaus both went 10 Majors or more without adding to their tallies.
  • Drop in US Retail Sales Signals Uneven Consumer Spending

    Drop in US Retail Sales Signals Uneven Consumer Spending

    Economy

    Sales excluding vehicles and petrol were unchanged at 0.5 per cent, while retail-control group sales, which are used to calculate gross domestic product and exclude the categories of food services, auto dealers, building material stores and petrol stations, were unchanged, following a 0.6 per cent April advance.
  • $0.11 EPS Expected for Investors Real Estate Trust (IRET)

    Economy

    Gam Hldgs Ag invested 0% of its portfolio in Investors Real Estate Trust (NYSE: IRET ). Apollo Commercial Real Estate Finance, Inc.is now trading 1.38% above its 20-day and 6.98% versus the 200-day simple moving averages while 0.50% compared with its 50-day simple moving average.
  • Digging into Corporate Office Properties Trust (OFC) Shares

    Economy

    World Asset Management Inc bought a new stake in shares of Corporate Office Properties Trust during the first quarter valued at about $201,000. On average, equities analysts forecast that Corporate Office Properties Trust will post $0.81 earnings per share for the current year.
  • What Analyst recommend about Stock?: Yahoo! Inc. (YHOO)

    Economy

    Lmr Prtn Limited Liability Partnership invested in 37,329 shares. New Jersey Better Educational Savings Tru reported 0.35% stake. Following the sale of its operating business to Verizon Communications Inc., the Company's remaining assets consist of an approximately15% equity stake in Alibaba Group Holding Limited, an approximately 36% equity stake in Yahoo Japan Corporation and certain minority investments.
  • What do the election results mean for Brexit?

    Economy

    The Telegraph newspaper said senior Conservatives including Foreign Secretary Boris Johnson , home secretary Amber Rudd and Brexit minister David Davis were taking soundings over whether to replace May. "I congratulate Jeremy Corbyn for running a very positive and effective campaign". Although the ruling Tories managed to increase their popular vote share by more than five percent from the last general election in 2015, earning 42.4 percent of the vote, they lost a good number of ...
  • China Industrial Output Growth Stabilizes In May

    China Industrial Output Growth Stabilizes In May

    Economy

    However, the growth was faster than hopes for 6.3 percent according a Reuters poll, and the 6-percent increase in May previous year. Crude output fell 3.7 percent in May from a year earlier to 16.26 million tonnes, or 3.83 million barrel per day, data from the National Bureau of Statistics data showed on Wednesday.