Finance

ING Q1 Net Profit Down, Underlying Result Rise; Stock Up

Ladenburg Thalmann Financial Services Inc. raised its stake in shares of ING Groep NV by 0.7% in the fourth quarter. 13,532,636 shares of the company were exc...


Consensus Take: Mallinckrodt plc (NYSE:MNK) Earnings & Ratings Watch

Other equities research analysts also recently issued research reports about the stock. Zacks Investment Research raised shares of AK Steel Holding from a "ho...


Angela Merkel faces key test in German state election

Martin Schulz, the SPD candidate looking to unseat Merkel in the upcoming national election in September, cast his vote in his hometown of Würselen. The pro-b...


Russia, Saudi Arabia back extension of oil output cuts

The price for July futures of Brent crude oil has increased by 2.44 percent to $52.08 per barrel as of 09:23 (GMT +4). USA crude ended $1.01 firmer at $48.85 a ...


US to look at proposed tronc-Sun-Times deal

The privately owned Wrapports said the Sun-Times will be sold to tronc if no other viable buyer expresses substantial interest within 15 days of the advertise...


Buffett's Berkshire boosts American, Southwest airline bets; sheds Fox

Warren Buffett's company also shed its stake in Twenty-First Century Fox. The filing expected Monday afternoon will detail all of Berkshire's USA stock holdin...


Exit polls: Merkel's party wins key German state

Kraft said she took "personal responsibility for this defeat" before announcing her decision to step down. The CDU already regained power in the Saarland stat...


Tory optimism grows in Scotland after very dark years

Asked by Marr to confirm that meant joining Efta first and then seeking European Union membership later, Sturgeon replied: "Well, it may be by necessity but we ...


North Korean Official Says Will Continue Missile Tests

Defence Secretary James Mattis has briefed the Congress on the option, but the military has not yet made a decision to intercept a test missile. On Monday, Pe...


Pound slips below $1.29 as Bank of England warns of a slowdown

Economic growth pulled back sharply to 0.3% in the first three months of the year, from 0.7% in the previous three months after a sharper-than-expected fall in ...


Oil Extends Slump Below $45 as U.S. Shale Confounds OPEC's Cuts

This year has seen the oil price hold fairly stable above the $50 mark, but in recent days, it has fallen below this mark and is now trading at $48.8 (slippin...


SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Exact Sciences Corporation

Specifically, the noted short seller said the company is "losing money on an inferior product", and that EXAS stock "will soon be cut in half", and could likely...


Buffett says Trump tax proposal won't fundamentally change Berkshire

Munger said it will be unnecessary to bring on pay consultants, a view echoed by by Buffett, who has long criticized their work. Buffett often calls on the U...


Tesla Inc (TSLA) Rating Lowered to Strong Sell at Vetr Inc

Zacks Investment Research raised Tesla from a "hold" rating to a "buy" rating and set a $345.00 price target for the company in a research report on Tuesday...


Just 21% of Voters Approve of the New GOP Health Care Plan

Second, Australia, like virtually every other country in the developed world, has universal health care . The bill would also allow insurance companies...


Where Liberty Global Ord A (NASDAQ:LBTYA) Stands on Analytical Review Chart?

Debt to Equity ratio stands at 3.94 while Long Term Debt To Equity Ratio flashes the value of 3.67. On the bright side, the company's share price has been on th...


Microsoft unveils new Surface laptop featuring Windows 10 S

The Surface Laptop comes in four colors: platinum, burgundy, cobalt blue, and graphite gold. CNET noted that the 13.5-inch Surface Pro is a thin machine that ...


Microsoft offers free security fixes following global cyberattack

Russia's interior ministry said some of its computers had been hit , while the country's banking system was also attacked, although no problems were detect...


RLJ Lodging Trust (NYSE:RLJ) 1Q17 earnings; Beats Street View

The real estate investment trust reported $0.52 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.50 by $0.02. Zacks Inves...


Snapchat's parent company reports £1.7bn loss in first earnings report

On Wednesday, the parent of the messaging app Snapchat reported earnings that missed Wall Street expectations in nearly every regard. Snapchat parent Snap I...


Ricky Stenhouse Junior picks up NASCAR win

He has seen several chances to win slip away, from the scuffle with Joey Logano at Las Vegas to an untimely caution ruining what appeared to be a sure victory...


Cisco Systems, Inc. (CSCO) Shares Sold by CENTRAL TRUST Co

LLC acquired a new stake in Cisco Systems during the fourth quarter valued at $166,000. Seven Eight Capital LP purchased a new position in Cisco Systems dur...


Korean gov't computers safe from WannaCry attack

Hospitals, universities, manufacturers and government agencies in the U.K., China, Russia, Germany and Spain have all been affected. While there's now yet to ...


BoE Leave Rates Unchanged, QE Remains Stable

In view of this, the Bank trimmed this year's forecasts slightly to 1.9 per cent from 2 per cent in February after a sharp slowdown in the first three months of...


Eight Aussie companies hit in global cyber attack

Researchers who helped prevent the spread of the malware and cybersecurity firms worked around the clock during the weekend to monitor the situation and install...


Crude Erases OPEC Rally as Cuts Seen Ineffective at Easing Glut

USA crude inventories fell 930,000 barrels for the week to April 28, but analysts had been expecting a drop of 2.3 million barrels. "Therefore, it is import...


The BC Liberals win a minority government

Both Clark and Green Party leader Andrew Weaver have said they are open to working with other parties, but the precarious nature of minority governments and an ...


Kate Spade & Co (KATE) Given Neutral Rating at Nomura

Zacks Investment Research upgraded Kate Spade & Co from a "sell" rating to a "hold" rating and set a $25.00 price target for the company in a research note on ...


Lookout for Price Target? Synergy Pharmaceuticals Inc. (SGYP), Square, Inc. (SQ)

Zacks Investment Research raised shares of Synergy Pharmaceuticals from a hold rating to a buy rating and set a $6.50 price objective for the company in a rese...


Family kicked off flight after refusing to give up toddler's seat

Delta in its updated statement late Thursday did not address the issue of who had rights to the seat but said: "Delta's goal is to always work with customers...


Putin says intimidation of North Korea must end

Outside militaries and experts will closely analyze what the North fired. That "represents a level of performance never before seen from a North Korean missil...


Most Active Stock: J. C. Penney Company, Inc. (JCP)

Wall Street's losing its cool when it comes to J.C. Penney, sending the shares to fresh lows on Monday morning after a few analysts tempered their enthusiasm....


Donald Trump 'may replace White House communications team with Fox News producers'

Top Democrats on the House oversight and judiciary committees are now requesting copies of "all recordings in possession of the White House" in a letter sent to...


Trump Says He's Mulling Breaking Up The Big Banks

The Glass-Steagall repeal is sometimes blamed for the financial crisis that peaked in 2008. As a candidate, Trump talked of reviving the decades-old Glass-Ste...


McDonald's Unveils the 'Frork,' a 'Flavor-Focused' Utensil

Frorks will be available on May 5 at participating restaurants while supplies last. It's an amusing little ad-you can't help but laugh at Sullivan saying "Is ...