Business

Dow marks worst single-session point plunge--down 666 points--since 2008

Investors are bracing for four Federal Reserve rate hikes this year as the bank aims to bring interest rates back up to historic neutral averages. That caused...


Can the Amazon, Berkshire Hathaway And JPMorgan Chase Health Initiative Work?

The effect of this announcement - if any - on the Australian healthcare sector is unknown so we'll sit back and watch, but in the meantime another private sec...


Exxon Mobil Corporation (NYSE:XOM) Growth Story in Full Force

Exxon reported big non-cash benefits from the USA tax reform and said that remeasurement of deferred income tax liabilities from the 35 percent rate to 21 perce...


Amazon posts largest profit in its history

But in the fourth quarter and end-of-year 2017 financial results for Google's parent company Alphabet reported cloud revenues in excess of $1bn for the four...


Highland Capital Management LLC Lowers Position in Valero Energy Co. (NYSE:VLO)

Valero Energy Corporation has had 14 insider trades in the last 3 months, including 0 open market buys and 14 sells. The company has market cap of $2.18 billion...


Federal Reserve sees building inflation but keeps interest rates the same

Jerome Powell will take over the chair from February 3 and be sworn on two days later. She will be succeeded by Jerome Powell , a Fed board member whose n...


Institutional Investors Are Selling General Motors Co (NYSE:GM)

The stock decreased 0.55% or $0.38 during the last trading session, reaching $68.41. However, its trading capacity stayed around 39.79 million shares in normal ...


BT's Openreach targets "ultrafast" internet in 3m premises by 2020

Average speeds were a third of what they are now. We believe investing in FTTP is the right thing to do for the UK. Fibre broadband is said to be 500-time...


U.S. stocks end mostly lower as bond yields rise

The Standard & Poor's 500 index fell 0.1 percent to 2,821.98. The Russell 2000 is up 44.36 points, or 2.9 per cent. US stock indexes closed mostly lower Thu...


Alphabet Revenue Rises as It Reports Loss Due to Tax Charge

Parkside Financial Bank & Trust grew its holdings in Alphabet by 39.6% during the 2nd quarter. All of this totaled $4.687 billion for this quarter and represe...


Shubenacadie Sam predicts early Spring

The big three predictors are Wiarton Willie , the local star, Shubenacadie Sam in Nova Scotia, and Punxsutawney Phil . In Wiarton, Ont., the latest incarn...


USA jobs engine gathers speed in January as wages rise

Since then, the economy has added jobs for seven straight years and then some, or 87 straight months. American flag illuminated during playing go the National...


Trans Mountain expansion will be built, Trudeau says

They can put an end to this conflict. BC Premier John Horgan said his government consulted Alberta and Ottawa about his province's intentions. He said the fed...


Pornhub Offering Philadelphia Lube to Grease Street Poles for Super Bowl

It's a huge deal for the Patriots to have their most dynamic pass-catcher back after he took a jarring hit in the AFC Championship Game. "I can just fee...


Britain's May says committed to deepening relationship with China

On regional issues, she said that, as both Britain and China were permanent members of the United Nations Security Council, there were global challenges the...


Oil prices rise on weaker U.S. dollar

And while this would hurt both OPEC and USA drillers, it would hurt OPEC more. While OPEC and its partners have managed to push oil prices back to three-year ...


Federal Reserve keeps interest rate same as Yellen passes baton to Powell

That, of course, will depend on incoming chair Jerome Powell, who takes his seat on Monday. At Janet Yellen's final meeting as chair, the Fed's policymaking...


IFP Advisors Inc Has $694000 Holdings in American Airlines Group Inc (AAL)

American National Bank, which manages about $334.03 million US Long portfolio, upped its stake in United Rentals Inc (NYSE:URI) by 3,688 shares to 18,843 shares...


A Fresh Look At PayPal Holdings, Inc. (NASDAQ:PYPL)

News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PayPal Holdings, Inc ...


KeyCorp Increases QUALCOMM (QCOM) Price Target to $73.00

The stock increased 1.73% or $1.16 during the last trading session, reaching $68.15. About 7.33 million shares traded or 37.65% up from the average. It has unde...