Economy

US West Texas Intermediate (WTI) crude futures traded at $48.70, down 96 cents, or two per cent. Both contracts were on track for weekly losses of at least 4 per cent. Investors pulled the classic "buy the rumor, sell the news" move following OPEC's decision to extend production cuts for nine months. November's deal between the Organization of the Petroleum Exporting Countries and non-OPEC members like Russian Federation has been slow to take hold, as many nations sold inventory out ...
  • The Koninklijke Philips NV (PHG) Given Daily News Impact Score of 0.22

    Economy

    Let's take a look at how the stock has been performing recently. Ltd. now owns 15,708 shares of the technology company's stock worth $504,000 after buying an additional 44 shares during the last quarter. (NYSE:PHG) last released its quarterly earnings results on Monday, April 24th. The technology company reported $0.20 earnings per share for the quarter, hitting analysts' consensus estimates of $0.20.
  • Weak inflation erodes conviction at Fed on rate hikes

    Weak inflation erodes conviction at Fed on rate hikes

    Economy

    Kaplan voted for the rate rise while Kashkari dissented, as he did against the Fed's hike in March. The U.S. also needs to "come to grips" with immigration reform, he said , because immigrants have historically been big contributors to U.S.
  • Mistrial Declared In Bill Cosby's Sexual Assault Case

    Mistrial Declared In Bill Cosby's Sexual Assault Case

    Economy

    On Saturday morning, all jurors agreed that there was " hopeless deadlock that can not be resolved on further deliberations", BuzzFeed News reported. Camille appeared with Bill during certain days of Cosby's sexual assault trial. The next thing she knew she became incapacitated and "frozen". Cosby did not take the stand during the proceedings, but did speak with reporters outside the courtroom on Friday.
  • 58 presumed dead in London tower fire

    Economy

    The latest figure included the 30 already confirmed to have died in the devastating fire on Wednesday. Residents had long said negligence on the part of the building's owners had created unsafe and potentially deadly conditions. "They are simply not recognisable because of the fire", Fiona McCormack, from the Metropolitan Police's identification team, said of the victims found inside Grenfell Tower.
  • Trump Reports Hundreds of Millions in Financial Liabilities

    Trump Reports Hundreds of Millions in Financial Liabilities

    Economy

    However, he shed his stocks and securities, the report indicates. The disclosure does not reveal when the investments were sold. The release comes as Trump is under investigation by special counsel Robert Mueller, a probe that comes amid larger federal investigations into Russian interference in the 2016 election and whether Trump campaign advisers colluded in any interference.
  • Price Target Analysis Itau Unibanco Holding SA (ITUB)

    Economy

    Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in ITUB. Before looking at the financial values or the trading statistics of Itau Unibanco Holding S.A. The dividend yield of 0.97% measures the amount of cash dividends distributed to common shareholders relative to the market value per share. This represents a change of 0.00% from the opening.
  • US accuses Chinese company of money-laundering for North Korea

    Economy

    There is no phone listing in Shenyang for Mingzheng International Trading . "We are working through China to ensure that China understands that North Korea is today a strategic burden for them, is not a strategic asset and China's actually responded in some ways positively", Mattis said.
  • Allergan Inc (NYSE:AGN) Covered By Yet Another Research Firm

    Economy

    Cubic Asset Limited Co has invested 0.14% of its portfolio in Allergan plc Ordinary Shares (NYSE:AGN). Other large investors have also recently made changes to their positions in the company. The ex-dividend date is Tuesday, May 16th. Allergan PLC.'s dividend payout ratio (DPR) is 9.63%. If you are viewing this report on another publication, it was copied illegally and reposted in violation of global copyright & trademark legislation.
  • Trump says he is under investigation for firing James Comey

    Economy

    Trump said on Twitter, appearing to refer to Deputy Attorney General Rod Rosenstein . President Donald Trump , in a furious yesterday morning message, said he is being investigated for his role in firing former FBI Director James Comey deriding a " witch hunt " against him led by some "very bad" people .
  • Polygamist sect leader arrested near South Dakota-Nebraska border

    Economy

    However, he fled house arrest after using olive oil to slip a Global Positioning System tracking band off his ankle, the Federal Bureau of Investigation said at the time. Utah U.S. Attorney John Huber said it was a matter of time before they found Jeffs. Barnhart said investigators believe Jeffs was running out of resources and not getting much help from members of the sect.
  • Va. Shooter's Wife Expresses Horror, Asks Media To Go Away

    Va. Shooter's Wife Expresses Horror, Asks Media To Go Away

    Economy

    Ten years earlier, a foster daughter committed suicide by dousing herself with gasoline and setting herself on fire inside her vehicle, the Belleville News-Democrat reported . Hodgkinson. The FBI is still investigating the case and is looking through Hodgkinson's belongings, including his cellphone, computer and camera. And that vehicle was parked across from the scene of the shooting.