Stories about Markets

Oct 20 2016

Starbucks plans to double stores in China in 5 years

The consensus target price is $68.13 with 13 firms rating the stock a strong buy, 11 firms rating the stock a buy, 5 firms rating the stock a hold, 0 firms rating the sto...

Oct 20 2016

American National Bank Lowers stake in Capital One Financial Corp. (COF)

Company earnings numbers are typically highly analyzed by investors and analysts alike. Manulife Financial Corp. had a net margin of 4.37% and a return on equity of 8...

Oct 19 2016

Pfizer to launch cheaper version of Johnson & Johnson's immune drug Remicade

The Pfizer drug, Inflectra, is already available in Europe and other overseas markets, and was approved by US health regulator earlier this year, but a protracted paten...

Oct 19 2016

Mars Chocolate, M&M's sweets maker, to add caramel flavor product line

The chocolate "lentil" is generously larger than the normal milk chocolate candy, and it took engineers and product-development scientists to design the machinery that wo...

Oct 18 2016

Crude holds above US$50 on Putin's pledge to curb production

Brent for December settlement rose 21 cents to $52.62 a barrel on the London-based ICE Futures Europe exchange. This means production outside the cartel is expected to ...

Oct 17 2016

Bob Dylan wins 2016 Nobel Prize in literature

Some people were excited to see the news. "Great choice", Salman Rushdie wrote on his Twitter feed. But the decision to award him the Nobel Prize for Literature was m...

Oct 16 2016

Clinton proposes closing real estate loophole, not Trump

Trump would cut taxes for most, but not all, Americans. His original ban on Muslim immigrants has changed into what he called "extreme vetting" and bans on immigration f...

Oct 16 2016

Blue Jays enter ALCS with a whisper, drop opener to Cleveland

Jon Lester will toe the rubber for Chicago in Game One. Jesse Wente, a former Ojibway journalist said, "it's long overdue that we get rid of indigenous symbols in sport...

Oct 16 2016

Tory big beasts line up to condemn Theresa May's Brexit plans

May has said she wants to trigger Article 50 - the formal procedure for starting two years of talks on departure - by the end of March at the latest. "We need to be exp...

Oct 16 2016

Wells Fargo will try to win back work with Ohio

Wells Fargo has always been known within the banking industry for its high-pressure sales culture. However, a significant stock sale by the top executive so close to the...

Oct 15 2016

Wall Street dips with financials, weak China data

Separately, aided by a 1.1% increase in import fuel prices, US import prices rose 0.1% in September following a 0.2% decline in August. The Standard & Poor's 500 index ...

Oct 15 2016

Citigroup quarterly profit falls 10.5% as equity trading revenue drops

Citigroup revealed net income of $3.8 billion, or $1.24 a share, down from $4.3 billion, or $1.35 a share, in the year-ago quarter. From now through October 16, choose...

Oct 15 2016

Research Report for: American Airlines Group Inc. (NASDAQ:AAL)

Vetr downgraded shares of American Airlines Group from a "strong-buy" rating to a "buy" rating and set a $41.42 price objective for the company.in a research note on T...

Oct 15 2016

After the scandal, Wells Fargo's damage becomes apparent

The San Francisco bank, and its new CEO Tim Sloan, are expected to offer more details on its strategy to restore its reputation when it conducts an earnings call with ana...

Oct 15 2016

Police warn 'killer clown' yobs as terror craze sweeps Britain

A post on Sunday invited people to carry out patrols following alleged sightings of clowns across the county, with people claiming to have seen them in Yeovil, Taunton, B...

Oct 15 2016

TCS shares up over 2 per cent post Q2 earnings

The company has declared a Second Interim Dividend of Rs. 6.50 per Equity Share of Re. "In additional (sic), volatility in markets like India and Latin America also m...

Oct 15 2016

Noticeable Buzzer: Emerson Electric Company (NYSE:EMR)

The stock's 50-day moving average is noted at $47.57 and its 200-day moving average is stands at $45.28. It is down 2.07% since March 11, 2016 and is downtrending. EPS gr...

Oct 14 2016

Unilever price dispute affecting SuperValu; Tesco Ireland refuses to comment

Sterling has dropped 19% versus the USA dollar since the June 23 vote, which has forced suppliers as well as retailers into battling for profits as imported goods become ...

Oct 14 2016

Love or hate it: Marmite becomes symbol of Brexit impact

Sterling has dropped 19% versus the US dollar since the June 23 vote, which has forced suppliers as well as retailers into battling for profits as imported goods become ...

Oct 14 2016

PM accused of unlawfully using ancient powers to trigger Brexit

Gina Miller, an investment fund manager and philanthropist living in London, is involved in what is described as one of the most important constitutional cases in generat...