• US Fed raises key rates for 2nd time this year

    US Fed raises key rates for 2nd time this year

    Economy

    The Federal Reserve raised interest rates on Wednesday for the second time in three months, citing continued USA economic growth and job market strength, and announced it would begin cutting its holdings of bonds and other securities this year.
  • Euro zone yields off lows as United States policymakers hike rates again

    Euro zone yields off lows as United States policymakers hike rates again

    Economy

    The Fed more than quintupled the size of its asset portfolio as it bought Treasury and mortgage bonds to keep long-term interest rates down in response to the Great Recession. Worries that policy tightening measures will weigh on China's growth, kept Chinese stocks in check. "Just like in previous rate hikes, the next day the market starts looking at the probability of the next hike because everything was factored in beforehand", said Natixis metals analyst Bernard Dahdah.
  • United complete signing of Victor Lindelof

    Economy

    Lindelof is the first of what manager Jose Mourinho hopes will be a number of new arrivals this summer as he looks to build a squad capable of competing both at home and in the Champions League. Next season he will be battling it out with Eric Bailly , Marcos Rojo , Chris Smalling and Phil Jones for a place in Jose Mourinho's defence.
  • Pandora Media, Inc. Common Stoc (P) Reached a New 52-Week High

    Pandora Media, Inc. Common Stoc (P) Reached a New 52-Week High

    Economy

    Royal Bank Of Canada reaffirmed a "sector perform" rating and set a $15.00 price objective (down previously from $16.00) on shares of Pandora Media in a research report on Tuesday, May 9th. Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.
  • Uber must make changes at top to fix culture woes

    Economy

    According to Reuters , Kalanick and two allies on the board now have voting control of the company. That report is due out early this coming week, and will focus on how to fix broader issues surrounding the company culture at Uber. Another report claims that Kalanick is considering at least a temporary departure from the company in the wake of these recent revelations. Apart from reports of Uber's APAC President obtaining medical records of the Delhi Uber rape case, an email sent by ...
  • Stifel Nicolaus Lowers Healthcare Realty Trust Incorporated (HR) Price Target to $33.00

    Economy

    The stock has Return on Assets (ROA) of 0 percent. Looking further at additional technical indicators we can see that the 14-day Commodity Channel Index (CCI) for Healthcare Realty Trust Inc (HR) is sitting at 140.60. They expect $-0.80 earnings per share, down 6.67% or $0.05 from last year's $-0.75 per share. Gemmer Asset Management Ltd Liability Co holds 266 shares.
  • Fed raises rates while watching subprime auto financing

    Fed raises rates while watching subprime auto financing

    Economy

    That's the third rate hike by the US central bank in the past six months, as the Fed continues to gradually rebuild rates from the near-zero levels that presided over the postfinancial crisis economic recovery. "That is the main reason why the dollar is remaining supported for now", said Manuel Oliveri, currency strategist at Credit Agricole in London. Data showed that New Zealand's economy grew 0.5 percent in the three months to March, lower than the 0.7 percent growth forecast in a ...
  • Shares Trading up at $10.10 (AHP) Ashford Prime Declares Dividends For…

    Shares Trading up at $10.10 (AHP) Ashford Prime Declares Dividends For…

    Economy

    Investec Securities have a GBX 185.00 PT on the stock. This rating was revealed in a research note on 12 June. Since March 14, 2017, it had 2 insider buys, and 0 sales for $160,044 activity. Alliancebernstein L.P. boosted its position in Ashford Hospitality Prime by 4.1% in the first quarter. The Firm conducts its business and owns all of its assets through its operating partnership, Ashford Hospitality Prime Limited Partnership (Ashford Prime OP).
  • Sessions denies secret Russia meetings

    Economy

    Rosenstein said he has. He told the committee that Comey "expressed concern about being left alone with the president". And that boss, Jeff Sessions , also promised Tuesday not to get involved in any firing. WASHINGTON , United States of America - Washington power-players have pushed back against the suggestion that the special counsel investigating the Russian Federation affair could be fired, moving to tamp down the sudden talk bubbling up from allies of U.S.
  • Diageo plc (DGE) Given "Buy" Rating at Shore Capital

    Economy

    Therefore 33% are positive. Genuine Parts Company had 18 analyst reports since July 21, 2015 according to SRatingsIntel. Citigroup Inc. restated a buy rating and set a GBX 2,500 ($31.63) target price on shares of Diageo plc in a research report on Friday, January 27th.