Economy


Human remains found in bushland at Mount Macedon
- February 23, 2017

As Missing Person Squad detectives collected hundreds of hours of footage, police theorised she had met with foul play. Ms Ristevski's remains were found in bushland in Mount Macedon on Monday. Borce and Karen Ristevski pictured together in a Facebook post. Local resident Ian Flannery told 9 News he "could not believe" the grisly find near a quiet cul-de-sac. (more...)
Shore Capital Reiterates "Hold" Rating for Mattioli Woods plc (MTW)
- February 22, 2017

The average 1-year target price among brokers that have issued ratings on the stock in the last year is GBX 2,785.38 ($34.70). Royal Bank Of Canada reaffirmed an "outperform" rating and set a GBX 465 ($5.79) target price on shares of BT Group PLC in a report on Wednesday, February 15th. (more...)
TransferWise global money transfers now on Facebook
- February 22, 2017

The company's chatbot also allows users to send money to friends and family directly from Facebook Messenger. The money transfer startup TransferWise has launched a new chatbot that enables Facebook users to move funds overseas using the social platform's Messenger service. (more...)
European Markets Up Even as Fed Chair Hints at Hike European Markets Up Even as Fed Chair Hints at Hike
- February 18, 2017

Yellen yesterday said an interest rate hike is possible at any of the upcoming Fed meetings . Yellen said the Fed will continue to monitor and evaluate employment and inflation, and decide whether they are in line with the bank's expectations, before making a rate hike. (more...)
IAM suffers stinging defeat as Boeing workers reject union
- February 18, 2017

Boeing assembles the 787-10 exclusively in North Charleston , South Carolina, which also assembles the 787-8 and 787-9 along with the original assembly site in Everett, Washington. The 230-passenger aircraft is Boeing's third and largest variant in the 787 family, with high expectations. The lightest moment came when Trump made a side-by-side comparison of the bubble-nosed Boeing 747 that is Air Force One and the new, state-of-the-art - and much sleeker - 787-10. (more...)
General Motors in talks with PSA to sell Vauxhall and Opel brands
- February 15, 2017

The talks may lead to PSA's purchase of Opel and sources indicate we may learn more in the upcoming days or weeks. GM has owned Germany-based Opel for almost 90 years and, in recent years, it has relied heavily on the unit to supply its Buick line with products in the United States. (more...)
Pakistan's economy to flourish above 5pc in FY 2016-17: Credit Suisse Pakistan's economy to flourish above 5pc in FY 2016-17: Credit Suisse
- February 15, 2017

Losses, adjusted for restructuring costs, came to $1.10 per share. Credit Suisse expects to reduce net headcount between 5,500 and 6,500 across the bank in order to lower operating costs to no more than 18.5 billion Swiss francs by the end of 2017 from 19.4 billion at the end of a year ago. (more...)
Fed's Yellen: Further Rate Increases Likely To Be Appropriate Fed's Yellen: Further Rate Increases Likely To Be Appropriate
- February 15, 2017

The whole point of using the balance sheet as an active policy tool, even though its impact is less certain, was that interest rates had already been brought down to zero as of December 2008. Now if Yellen had been trying to prepare investors for a possible March rate hike by the Fed, her message backfired badly. Trump's ties with Russian Federation and the country's involvement in the election have plagued the new administration since its win in November. (more...)
Kmart & Sears Will No Longer Sell Trump Products
- February 13, 2017

On Saturday, the companies said the move was "part of a push to focus their online business on the most profitable items", Reuters reports . Sears Holdings announced February 11 that it would no longer sell Trump Homes items in the online stores for its Sears and Kmart brands. (more...)
Activision Blizzard Inc., KeyCorp
- February 10, 2017

Looking over the last month situation it was ranked as "Buy" by 14 analysts. Post opening the session at $40.22, the shares hit an intraday low of $39.85 and an intraday high of $40.65 and the price was in this range throughout the day. (ATVI). The consensus rating is 1.9, indicating analysts in general look favorably on the company's future prospects. (NYSE:KEY) as "STRONG BUY", 10 rated as "BUY" and 13 issued a "HOLD" rating. (more...)
Nokia Buys Comptel for $370 Million to Add Network Software Nokia Buys Comptel for $370 Million to Add Network Software
- February 10, 2017

The business had revenues of EUR98 million in 2015. According to Nokia, the acquisition is part of the company's strategy to build a standalone software business at scale. Comptel's board of directors said this morning that they intend to recommend that shareholders accept the tender offer. It has completed over 1,400 customer projects in more than 90 countries and its products process 20 percent of the world's mobile usage data each day. (more...)
Toshiba courts funds as SK Hynix, Micron Technology bid for chip stake
- February 09, 2017

Toshiba said in January it wanted to sell a stake of up to 19.9 percent in the chip business to raise funds as it prepares to book a multibillion-dollar writedown in its United States nuclear business on February 14. Toshiba aimed to raise more than 200 billion yen ($1.79 billion) from the sale, and potential investors included private equity firms, business partner Western Digital Corp WDC.O and the government-backed Development Bank of Japan, sources have said. (more...)
JACK MA: 'If trade stops, war starts'
- February 08, 2017

Additionally, he said, Trade is about trust and cultural exchange, The Australian reported. "If Australia, New Zealand and other countries can create a free trade zone in the form of an e-hub for small businesses, they can work like the big companies - with 24 hours clearance, better tariffs, and quicker inspections". (more...)
Blizzard Allows WoW Tokens to Be Traded for Battle.net Cash
- February 08, 2017

You can use your Battle.net Balance to buy a loot box in Overwatch , for example - it's already one of the drop-down payment options. Battle.net is Blizzard's digital platform and storefront for each of its games. For long-time WoW players with a healthy pile of gold, this opens access to a lot of new content outside of WoW (or more content for use within the MMO, e.g. (more...)
Ford Motor Company 20.8% Potential Upside Now Implied by Barclays
- February 08, 2017

Earnings reaction history indicates that share price went down 13 times out of last 24 quarters. The good news is, sales may return to growth this quarter. Shareholders of record on Friday, January 20th will be paid a $0.15 dividend. The company reached its 52-Week high of $38.38 on Jan 25, 2017 and 52-Week low of $26.69 on Feb 11, 2016. (more...)
Most Americans oppose plans to cut federal funding for Planned Parenthood
- February 08, 2017

Thayer said. Planned Parenthood receives about 500 million federal tax dollars annually, and it performs around 320,000 abortions each year, according to Life News . The staff at Planned Parenthood also asked Bell about her personal experiences to see if she had any sort of abuse or sexual assault happen in her life. (more...)
Key Takeaways From Fox's Fiscal Q2 Earnings
- February 08, 2017

Twenty-First Century Fox Inc (NASDAQ:FOXA) now has a PEG ratio of 1.59 where as its P/E ratio is 20.33. Twenty-First Century Fox Inc ( FOXA ) shares turned negative on Fridays trading session with the shares closing down -0.06 points or -0.19% at a volume of 75,20,514. (more...)
Hamas Rocket Hits Israel; IDF Fires Back, Destroying Gaza Naval Base Hamas Rocket Hits Israel; IDF Fires Back, Destroying Gaza Naval Base
- February 07, 2017

Palestinians run for cover as smoke rises following an Israeli air strike on a Hamas post, in the northernGaza Strip on February 6, 2017. Air-raid sirens were sounded in Israel's Ashkelon region north of Gaza following Monday morning's reported missile launch, the army said in a statement, adding that the projectile had fallen to earth in an open area without causing any injuries or damage. (more...)
Marine Le Pen launches presidential campaign
- February 07, 2017

Treasury trading at Jefferies, in a note. France is a region that has been rocked by a number of high profile Islamic terrorist attacks, of which some of the perpetrators have been migrants. She says she plans, if elected, to schedule a referendum within her first six months on a "Frexit" and intends to negotiate issues like borders and currency with the EU. (more...)
Qatar Airways Plane Takes Longest Flight in History Qatar Airways Plane Takes Longest Flight in History
- February 06, 2017

In keeping with global tradition to welcome inaugural flights, the Auckland airport rescue service showered the plane with water cannons on arrival. The flight is scheduled to arrive in Auckland at 7:30am (local time) on Monday. "New Zealanders will also value having an exciting new airline option when they travel to the United Kingdom and Europe". "On the flight to Auckland there were four pilots on board and 15 cabin crew, who served 1,100 cups of tea and coffee, 2,000 cold drinks and ... (more...)