Markets

Markets Theresa May postpones customs decision after ministers disagree
Author: 0 Theresa May postpones customs decision after ministers disagree

In a meeting which ran over to last two and a half hours, May told colleagues that the final arrangement must ensure there is no hard border between Northern Ireland and the Republic and no customs border down the Irish Sea, and leave trade with the remaining European Union "as frictionless as possible".

Markets US Fed holds interest rates steady: 5 key takeaways
Author: 0 US Fed holds interest rates steady: 5 key takeaways

The Stoxx Europe 600 Index fell 0.2 per cent as of 8.06am London time, headed for the largest fall in more than a week. But investors say they will be looking through the Fed's policy statement to glean clues as to the central bank's thinking on inflation and the path of interest rates.

Markets Xiaomi shows massive growth ahead of IPO
Author: 0 Xiaomi shows massive growth ahead of IPO

Xiaomi did disclose its latest financial results, showing revenues rose 67.5 percent a year ago to CNY 114.6 billion. These devices include scooters, air purifiers and rice cookers and much more, however, the company drives most of its profits from internet services.

Markets CEO caught singing 'We're in the Money' after takeover
Author: 0 CEO caught singing 'We're in the Money' after takeover

In a statement United Kingdom supermarket giant Sainsbury's has confirmed that it has agreed to terms for a £12 (€13.6) billion merger with Walmart-owned Asda , another leading United Kingdom retailer. The combined supermarket expects to lower prices by around 10 per cent on products customers buy regularly. Following a merger, the new company would include more than 2,800 Sainsbury's , Asda and Argos stores and several retail websties.

Markets As Scotland introduces minimum unit alcohol pricing, will England follow?
Author: 0 As Scotland introduces minimum unit alcohol pricing, will England follow?

Speaking during a visit to a hospital ward that is treating patients with chronic liver problems, First Minister Nicola Sturgeon said Scotland had led the way in the world by introducing the policy of minimum unit pricing, she said: "I am extremely proud that the eyes of the world will once again be on Scotland with the introduction of this legislation".

Markets Snap shares sink as redesign weighs on results
Author: 0 Snap shares sink as redesign weighs on results

Adjusted losses in earnings before interest, taxes, depreciation, and amortisation was $217m in Q1 2018, an increase of 16 per cent year-over-year and 37 per cent sequentially. Earlier this year, Snapchat redesigned its app to separate content posted by friends from content posted by publishers and celebrities . A Change.org petition asking the company to remove the redesign now has more than 1.2 million signatures.

Author: 0 GB Group plc (LON:GBG) Weekly Ratings on May 1, 2018

It offers personal and business banking services, credit cards, transactional and other lending products, and investment services and products. After $0.31 actual earnings per share reported by Inogen, Inc. The firm has "Overweight" rating by JP Morgan given on Tuesday, October 13. Deutsche Bank maintained Workspace Group plc (LON:WKP) rating on Monday, November 13.

Markets Crude oil slides as U.S. production hits monthly production record
Author: 0 Crude oil slides as U.S. production hits monthly production record

US President Donald Trump is facing a May 12 deadline to decide whether to restart US sanctions against Iran, potentially ending the 2015 deal that halted sanctions in order to end Iran's nuclear program. The global benchmark crude traded at a $6.43 premium to June WTI. OPEC and its partners agreed to cut oil output by 1.8 million barrels per day since January previous year, an effort which has recorded a 149 percent success, and has boosted prices to $74 per barrel as at Thursday.

Markets Number 16, World's Oldest Known Spider, Dies Aged 43
Author: 0 Number 16, World's Oldest Known Spider, Dies Aged 43

Co-author, Associate Professor Grant Wardell-Johnson, from the School of Molecular and Life Sciences and the Deputy Director of the Australian Research Council (ARC) Centre for Mine Site Restoration (CMSR), explained how the spider's behavioural characteristics contributed to its survival in the Australian outback.

Markets AAA Michigan: Statewide Average Gas Prices Decline 2 Cents
Author: 0 AAA Michigan: Statewide Average Gas Prices Decline 2 Cents

Several factors have helped drive oil prices higher. "I hate this time of year because gas prices always go up during the summer", she said. Average retail gasoline prices are lowest in a swath of mostly East Coast states, including Florida, New Hampshire, Delaware and Georgia.

Markets Now, Twitter too caught up in Cambridge Analytica controversy
Author: 0 Now, Twitter too caught up in Cambridge Analytica controversy

Earlier in April, parliamentarians in the United Kingdom published evidence about Brexit campaign group Leave.EU benefiting from work done by the firm. Facebook CEO Mark Zuckerberg recently testified in front of Congress about the misuse of the platform's data. According to the report, while most tweets are public, Twitter charges companies and organisations to collect them en masse.

Author: 0 Analysts See $0.19 EPS for Shell Midstream Partners, LP (SHLX)

The stock increased 1.93% or $2.4 during the last trading session, reaching $126.62. After having $0.25 EPS previously, Summit Midstream Partners, LP's analysts see -72.00 % EPS growth. EnLink Midstream Partners , LP (NYSE:ENLK) now has a Montier C-score of 4. About 522,345 shares traded. Investors sentiment increased to 0.99 in 2017 Q4.

Author: 0 Microsoft (MSFT) Releases Earnings Results

It has outperformed by 25.88% the S&P500. (TXN) by 11.48% based on its latest 2017Q4 regulatory filing with the SEC. Capital Research Global Investors now owns 69,663,044 shares of the software giant's stock valued at $4,801,874,000 after purchasing an additional 47,353,245 shares in the last quarter.

Markets Real Madrid defeat Leganes 2-1 in La Liga action
Author: 0 Real Madrid defeat Leganes 2-1 in La Liga action

Madrid defeated Bayern Munich 2-1 in Germany last week to take the edge going into Tuesday's second leg of the Champions League semifinals at the Bernabeu. "We need to do everything you can think of in football and give everything to reach our objective which is to reach the final". "He played brilliantly against Frankfurt", said Bayern coach Jupp Heynckes.

Markets India's Axis Bank posts surprise Q4 loss
Author: 0 India's Axis Bank posts surprise Q4 loss

This was largely due to muted interest income in Q4FY18 at Rs. 11,771 crore and Rs. 11,168 crore in Q4FY17. In one of the worst quarterly results by a private sector bank, Axis Bank on Thursday reported a net loss of Rs 2,189 crore for the quarter ended March 2018 as against a profit of Rs 1,225 crore in the same period of a year ago due to higher provisioning for bad loans .

Markets Sainsbury's and Walmart's Asda in talks about 10 billion pound merger
Author: 0 Sainsbury's and Walmart's Asda in talks about 10 billion pound merger

Sky News broke the story about the possible merger on Saturday , when it said that the two companies were in negotiations, with an announcement to be made as early as this coming Monday. Shadow business secretary Rebecca Long-Bailey echoed Sir Vince's calls, warning the merger risks "squeezing what little competition there is in the groceries market even further".

Markets Amazon.com (NASDAQ:AMZN) Position Trimmed by Prospera Financial Services Inc
Author: 0 Amazon.com (NASDAQ:AMZN) Position Trimmed by Prospera Financial Services Inc

The stock increased 3.60% or $54.66 during the last trading session, reaching $1572.62. The shares were sold at an average price of $800.00, for a total value of $11,200,000.00. (NASDAQ:AMZN) earned "Outperform" rating by RBC Capital Markets on Friday, September 16. The firm has "Buy" rating given on Friday, October 23 by Stifel Nicolaus.

Author: 0 Last Week Exxon Mobil Corporation (NYSE:XOM) Ratings

Alliancebernstein L P accumulated 10.37M shs or 0.62% of the stock. RBC Capital Markets reinitiated Exxon Mobil Corporation ( NYSE : XOM ) on Thursday, July 6 with "Buy" rating. State Street owns 53.34M shares for 0.81% of their portfolio. Finally, HSBC Holdings plc set a $85.00 target price on shares of Exxon Mobil and gave the company a "neutral" rating in a research report on Tuesday, November 8th.

Markets Exxon Mobil misses the party after output drops
Author: 0 Exxon Mobil misses the party after output drops

The stock underperformed the S&P 500 by 20.84%. Investors sentiment decreased to 0.84 in Q4 2017. That's change of 0.01, from 2017Q3's 0.85. It dived, as 115 investors sold CVS shares while 600 reduced holdings. were worth $1,713,000 at the end of the most recent reporting period. On Friday, July 28 the stock rating was downgraded by Seaport Global to "Hold".