Business

Rio Tinto plc (RIO) Given Outperform Rating at Macquarie

A number of other research firms also recently commented on RIO. Finally, E&G Advisors LP bought a new position in shares of Rio Tinto plc during the first quar...


Federal Realty Investment Trust (FRT) Formed Inverse Head & Shoulders; Buyers Could Thrive

The NASDAQ listed company saw a recent bid of $40.89 and 38354 shares have traded hands in the session. Investors are paying close attention to shares of Phys...


North Korea scare makes Sensex, Nifty tank again

The 30-share index settled lower by 447.60 points, or 1.38 percent - its biggest single-day fall since November 15 previous year - at 31,922.44. The geopoliti...


Eurozone PMI hits 4-month high, points to strong growth

Companies in the bloc's dominant service industry also had a much better month than expected - their PMI rose to 55.6. "Across both manufacturing and services, ...


Sprint and T-Mobile reportedly closing in on a deal

Whilst Deutsche Telekom, T-Mobile owner is epexted to have a majority stake in the expected merger, according to Reuters . In the years since, T-Mobile has...


Fed likely to pare its bond portfolio even with outlook hazy

Fed Chair Janet Yellen summarized Fed projections by saying GDP is expected to be "a touch stronger" than projected in June while inflation is seen as "soft...


Pilot shortage grounds flights for Ryanair

John was particularly annoyed regarding Michael O' Leary's comments asking how pilots can be tired when they only work an 18 hour week. Mr O'Leary continued t...


Moto G5S United States of America release and pricing revealed

As Moto G4 is one of the recently launched smartphone devices, many users are anxious why this smartphone is not added to the list. First of all, despite ...


Gold traders are getting pulled in two different directions

According to the Fed's economic projections which were released on Wednesday, Fed officials expected the USA economy to grow 2.4 per cent this year, higher ...


Gold steady; markets brace for Fed meeting

The Fed is not expected to change interest rates , but it is likely to announce that it will start letting the bonds held on its balance sheet roll off, prob...


GlaxoSmithKline PLC (NYSE:GSK) Under Analyst Spotlight

It has outperformed by 16.95% the S&P500. Peel Hunt maintained the stock with "Hold" rating in Wednesday, August 30 report. This was disclosed in an analyst rep...


Mercedes Investing $1B To Launch Electric Vehicle Production In Alabama

Daimler also said it will build a new global logistics center and after-sales North American hub in Bibb County, located about five miles from the Tuscaloosa pl...


Fed Holds Interest Rates, Announces 'Drawdown'

As things stand, the interest rate outlook for next year remains largely unchanged, with three hikes envisioned. Fed officials predicted that inflation woul...


Bill Gates: Sorry for Control-Alt-Delete

Gates spoke at length on this back in 2013 . "You are the person who came up with the idea of doing it that way", Rubenstein said in this Bloomberg video of...


First look at Deepika's stunning Padmavati

Yes, I am talking about the first look of the much-awaited movie Padmavati . Padmavati will bring to screen one of the most treasured Rajasthani folklore. ...


L'Oreal heiress, richest woman in the world died

Bettencourt was the 14th richest person in the world, according to Forbes magazine, which estimated her net worth in March at $39.5 billion. She was born Li...


AMD is making a self-driving AI processor for Tesla

Tesla has an existing relationship with Nvidia , whose GPUs power its Autopilot system, but this new in-house chip reported by CNBC could potentially reduce...


Wall St opens flat as investors await Fed decision

At 12:33 p.m. ET (1633 GMT), the Dow Jones Industrial Average was up 44.65 points, or 0.2 percent, at 22,376, the S&P 500 was up 3.79 points, or 0.15 percen...


Vipshop Holdings Limited (VIPS) Shares Bought by Legal & General Group Plc

The stock decreased 2.48% or $0.25 during the last trading session, reaching $9.85. Investors and Traders continue to monitor technical levels of shares of Pf...


Uncertainty ahead of US Fed meeting announcement

To do this, it won't reinvest some of its bonds as they mature, and so allow them to roll off its balance sheet. Starting in October, the Fed will begin unloa...