• UK growth is upgraded to 2% as IMF admits error

    UK growth is upgraded to 2% as IMF admits error

    Economy

    The report also says that the increased fragmentation of production processes across countries aggravates the potential economic damage. This is better than the most recent forecast by the Australian Treasury and released by the Australian government in December past year, which predicted GDP would "pick up to 2?? per cent in 2017-18 as the detraction from mining investment eases".
  • U.K. Lawmakers Vote in Favor of Early Election on June 8

    Economy

    Theresa May's snap election is aimed at gaining a bigger majority to put hardline Tories back in their box, but it is going to be a divisive campaign which will increase the disconnect between Scotland and England, experts told RT. Opinion polls put the Conservatives - who now hold 330 of parliament's 650 seats - way ahead of Labour, who have 229. She said on Tuesday she had "reluctantly" come to the decision to call for an early election because of political division in Westminster , ...
  • Bloated US market takes its toll on oil

    Economy

    UAE energy minister Suhail Al-Mazrouei told reporters at the forum that it was "still premature to make any decision" on the cuts. Four U.S. Senators-Chris Murphy (D-CT), Rand Paul (R-KY), Dick Durbin (D-IL) and Al Franken (D-MN)-have introduced a resolution that would limit U.S.
  • Is Whole Foods Market, Inc. (WFM) Hold Now?

    Is Whole Foods Market, Inc. (WFM) Hold Now?

    Economy

    They now have $35.59 price target on the stock. A number of other research analysts have also weighed in on the stock. Royal Bank of Canada reissued an "outperform" rating and issued a $37.00 price target on shares of Whole Foods Market in a research note on Friday, February 3rd.
  • CENTRAL TRUST Co Cuts Stake in Palo Alto Networks Inc (PANW)

    CENTRAL TRUST Co Cuts Stake in Palo Alto Networks Inc (PANW)

    Economy

    SFE Investment Counsel's holdings in Palo Alto Networks were worth $3,430,000 as of its most recent filing with the SEC. Institutional investors have recently bought and sold shares of the company. They expect $-0.42 earnings per share, up 51.16% or $0.44 from last year's $-0.86 per share. On average, equities research analysts expect that Palo Alto Networks will post $2.48 EPS for the current year.
  • LLC Sells 7920 Shares of Fastenal Company

    LLC Sells 7920 Shares of Fastenal Company

    Economy

    LLC's investment portfolio, making the stock its 7th largest position. Institutional investors have recently modified their holdings of the stock. Other research analysts also recently issued reports about the company. 01/18/2017 - Fastenal Company was downgraded to "sell" by analysts at CFRA Research. If you are viewing this report on another domain, it was stolen and reposted in violation of United States & worldwide trademark and copyright law.
  • Dutch trade union: AkzoNobel strategic plan will lead to job cuts

    Dutch trade union: AkzoNobel strategic plan will lead to job cuts

    Economy

    Industrial paints and chemicals company AkzoNobel said Wednesday it plans to spin off its Specialty Chemicals unit within 12 months to boost growth and reward its shareholders. AkzoNobel is also planning to reduce costs by an annual €150m while expenditure will decrease by another €50m a year once the chemicals division is sold off.
  • Japan, China remain on U.S. 'monitoring list' for currency

    Economy

    The Opposition slammed the Trump government for going back on its poll promise. During the campaign, Trump had often claimed that China was manipulating its currency to boost exports, costing the United States manufacturing jobs. "They're not currency manipulators", he said in an interview . While they're not manipulating their currency at the moment because it doesn't suit their economic needs, make no mistake about it, as soon as the tide turns they will, he said.
  • North Korea: Mike Pence says 'time for failed dialogue is over'

    Economy

    The White House faces mounting pressure to set conditions and limits for prospective intervention in North Korea. "China has real ability to sort of impede the supply chain into North Korea". But any strikes against the North would probably bring the U.S. into a diplomatic crisis with China, the North's main economic lifeline. Russia, too, warned that the Trump Administration was on what Foreign Minister Sergei Lavrov called a "very risky path".