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Deutsche Bank posts surprise quarterly profit

Deutsche Bank's $US5.5 billion of AT1 notes have come under pressure this year as fixed-income investors fret about whether the relatively high yields compensate for the risk of losses. Revenues up to €7.5 billion from €7.3 billion in the same perio... More..

by | Published more than a month ago
by | Thursday, October 27, 2016

Twitter said to be planning more job cuts soon

The company posted quarterly revenue of $US616 million, up 8 per cent year-over-year, and adjusted net income of $US92 million, or 13 cents per share. Nearly exactly a year ago, Twitter laid off another 300+ ...More..

by | Thursday, October 27, 2016

Seadrill Ltd (NYSE:SDRL), NXP Semiconductors NV (NASDAQ:NXPI)

We in no way are suggesting that readers make any decision on NXP Semiconductors N.V. (NASDAQ:NXPI) based on the information in this report. The share price is now at 14.31% for the past six months. Over the on...More..

Twitter reportedly planning to cut hundreds of jobs
by | Wednesday, October 26, 2016

Twitter reportedly planning to cut hundreds of jobs

Twitter announced in October a year ago that it was laying off 336 employees . In July this year, Twitter's second quarter earnings revealed it had missed analysts' market expectations with revenue of...More..

Walgreens Boots Alliance, Inc. (NASDAQ:WBA) stock is worth $92.95
by | Wednesday, October 26, 2016

Walgreens Boots Alliance, Inc. (NASDAQ:WBA) stock is worth $92.95

Based on the brokers price target of 88, this means Deutsche Bank believes there is a potential increase of 8.69% from the current stock price of 80.97. Kings Point Capital Management boosted its stake in Walgr...More..

Merck breezes past 3Q profit expectations, raises forecast
by | Wednesday, October 26, 2016

Merck breezes past 3Q profit expectations, raises forecast

The company said on Monday the U.S. Food and Drug Administration approved Keytruda for use in certain previously untreated lung cancer patients, making it the only approved first-line treatment. Keytruda is alr...More..

by | Tuesday, October 25, 2016

Rockwell Collins buys B/E Aerospace for $6.4B

The deal would create run-rate pre-tax cost synergies of about $160 million before taxes, Rockwell said. Cedar Rapids, Iowa-based Rockwell Collins could benefit as leases expire on numerous widebody aircraf...More..

by | Monday, October 24, 2016

Donald Trump takes swipe at Michelle Obama for 'attacking Hillary Clinton'

Politico reports that Clinton and her staff seemed triumphant when they boarded her campaign plane after the Las Vegas debate. Michelle Obama has become somewhat of a saving grace in American pol...More..

by | Sunday, October 23, 2016

Unemployment rates rose in 3 of 8 US swing states last month

Counties with the lowest unemployment rates are: Shelby County at 4.2 percent, Lee and Elmore Counties at 4.8 percent, and Cullman and Cherokee Counties at 4.9 percent. Leisure and hospitality claimed the larg...More..

by | Saturday, October 22, 2016

California unemployment rate unchanged at 5.5 percent

That's because the number of people working or looking for work increased by about 14,000 last month. Payroll employment estimates indicate over-the-month job growth of 2,400 jobs, with increases across almos...More..

by | Saturday, October 22, 2016

British American Tobacco offers to buy Reynolds in $47B deal

BAT has always been rumored to be interested in buying rival Imperial, but a deal to acquire Reynolds likely would take that off the table, at least for now. Nevertheless, it is a common misunderstanding that a...More..

Expect first RCS flight by January 2017: Minister
by | Saturday, October 22, 2016

Expect first RCS flight by January 2017: Minister

Chief executives of airline companies, aircraft lessors and executives in the maintenance, fix and overhauling of aircraft businesses have expressed multiple concerns over the implementation of guidelines for t...More..

Trump not throwing in towel as he eyes a comeback
by | Thursday, October 20, 2016

Trump not throwing in towel as he eyes a comeback

Meanwhile, Trump is ready for Wednesday night's final presidential debate and Conway said he "felt really great" about the last debate, which she said he won. With less than three weeks to go until the 8 Nove...More..

California attorney general investigating Wells Fargo bank
by | Thursday, October 20, 2016

California attorney general investigating Wells Fargo bank

The $12 million was stolen in January 2015 when unidentified hackers secured a Banco del Austro employee's SWIFT logon credentials, Wells Fargo said in a February court filing. "These accounts were not used t...More..

by | Wednesday, October 19, 2016

Apple plans to launch new Macs at an October 27 event

While we're getting a little antsy, a new report says new Pros are still on track for this month, and there's one huge polarizing change: Pros are going full USB-C. They made the same change when they introdu...More..

Ford cutting production as US demand slows
by | Wednesday, October 19, 2016

Ford cutting production as US demand slows

Interestingly, the Kansas City plant also makes the popular Ford Transit van, but that part of the plant will not be shut down since Ford is predicting continued sales growth. Ford dealers had a heavy 95 days...More..

by | Wednesday, October 19, 2016

Social Security recipients to get tiny increase in benefits

The cost-of-living adjustment, which is based on a government measure of consumer prices, affects more than 60 million people, about one in five Americans. The only time that the COLA was above 2 percent was in...More..

by | Monday, October 17, 2016

Oil trades near US$50 after USA stockpiles decline for fifth week

Jeffrey Halley, senior market analyst at brokerage OANDA, said that at $50 a barrel for WTI, U.S. shale drillers, who have spent much of the year cutting back production amid low prices, may start bringing back...More..

by | Sunday, October 16, 2016

Bangladesh, England players disciplined

Mashrafe and Woakes then tried to calm things down in the middle. Ben Stokes dragged us all together and really geed the guys up and said "let's not give it to them easy". "I thought we could have maybe gone ou...More..

by | Sunday, October 16, 2016

Wells Fargo will try to win back work with Ohio

The bank's earnings call was helmed by new CEO Timothy Sloan, who was in the job less than 48 hours. During a conference call with analysts Friday, Sloan opened his remarks by saying "my immediate and highest...More..

by | Sunday, October 16, 2016

Wells Fargo CEO Could Get $134 Million on His Way Out

The bank has also lost some retail customers, though Wells is still opening more accounts than it is closing, senior executives said on an internal call on Monday that was reported by the Wall Street Journ...More..

by | Saturday, October 15, 2016

Trump, Escalating Rhetoric, Says Clinton "Has to Go to Jail"

Trump said the allegations that he kissed and groped women without their consent, emerging four weeks before the election, are evidence that the political establishment and special interests are frightened by T...More..

by | Saturday, October 15, 2016

British pound recovers slightly following post-Brexit fall

She told MPs in the Commons the Government would, nevertheless, be seeking " maximum possible access ". According to a trade-weighted index measuring sterling against a basket of its trading peers, the pound...More..

Airlines add 'fire containment bags' for overheating phones
by | Saturday, October 15, 2016

Airlines add 'fire containment bags' for overheating phones

The bright red bags, which Yahoo says sell for $1,800 each, can withstand heat up to 3,200 degrees Fahrenheit and can be shut with Velcro and heavy-duty zippers. "In light of recent incidents and concerns raise...More..

by | Saturday, October 15, 2016

Dollar climbs as US data backs December rate hike view

The dollar's recent bout of good fortune has been tied nearly exclusively to bets that the Federal Reserve will raise rates in its final meeting of the year in December. Gold is sensitive to moves in US rates, ...More..

Activist group claims shutting of five Canada-U.S. oil pipelines
by | Friday, October 14, 2016

Activist group claims shutting of five Canada-U.S. oil pipelines

Spectra Energy confirmed to The Verge that a valve on its Express Pipeline had been tampered with this morning in Montana and that the company had shut down this section of the pipeline "as a cautionary measu...More..

by | Wednesday, October 12, 2016

Trump warns of 'rigged' vote, as Clinton claims opponent uses Chinese steel

Trump said he'd continue to highlight the stories of those women until the Clinton campaign stops attacking him for having made lewd comments. The speech came as Republican leaders increase their efforts to d...More..

Stock under Review: Delta Air Lines, Inc. (NYSE:DAL)
by | Wednesday, October 12, 2016

Stock under Review: Delta Air Lines, Inc. (NYSE:DAL)

Raymond James Financial Inc. reiterated an "outperform" rating on shares of Delta Air Lines in a report on Wednesday, June 15th. Finally, Deutsche Bank AG upgraded Delta Air Lines from a "hold" rating to a ...More..

Australian state reverses dog racing ban
by | Tuesday, October 11, 2016

Australian state reverses dog racing ban

Click the pic for more responses from around the New England and beyond. The New South Wales premier , Mike Baird, has backflipped on his greyhound racing ban as he tries to shore up his falling popularity...More..

by | Friday, October 07, 2016

Prince's Paisley Park Opens To Public - For 3 Days Only

Museum tours include the recording studios, rehearsal rooms and private NPG Music Club. Head here for more information and to purchase passes to Paisley Park. "For me, it will be a way for me to once again pa...More..