Stories about Markets

Dec 21 2016

Obama May Use 1953 Law to Restrict Offshore Drilling

A law approved by Congress in 1953 gives presidents the authority to protect critical marine habitats from potentially destructive development. -Canada shared Arctic lead...

Dec 21 2016

Liverpool cut for Premier title

But things pick up after the break and four minutes in, Roberto Firmino has a great chance in close, but Everton goalkeeper Maarten Stekelenburg manages to block the Br...

Dec 21 2016

Fred's stock rockets as Rite Aid store buys creates 'new national competitor'

Walgreens shares were trading more than 1 percent higher in early trading Tuesday. Analysts are going to be very busy resetting expectations on Fred's (NASDAQ:FRED) a...

Dec 20 2016

Mylan launches cheaper version of EpiPen allergy treatment

The authorized generic was one of several steps the company announced when its prices were under scrutiny, including expanding its coupon program and the financial assist...

Dec 20 2016

BP buys stake in Abu Dhabi oil field for US$2.2 bln

BP also holds a 14.67 percent stake in the Abu Dhabi Marine Operating Company (Adma-Opco) offshore concession, and 10 percent interests in both the Abu Dhabi Gas Liquef...

Dec 20 2016

Lebanon unveils coalition government after a two-year wait

On October 31, Lebanese legislators elected Aoun as president, ending a 29-month presidential vacuum. "This is a government of entente", said Hariri, adding that the ca...

Dec 20 2016

Lebanon forms new government, vows to 'preserve stability'

The announcements came six weeks after the country elected Christian Michel Aoun as president after two and a half years without a head of state, which had left parliamen...

Dec 20 2016

Monte Paschi to launch share sale to stay afloat

Italian newspaper Il Sole 24 reported on the government rescue plan on Saturday. It gave a EUR1 to EUR24.9 price range for the share sale. Monte Paschi Chief Executiv...

Dec 19 2016

Rhumbline Advisers Has $116713000 Stake in Eli Lilly and Co. (LLY)

On 12/13/2016 Eli Lilly and announced a quarterly dividend of $0.52 3.03% with an ex dividend date of 2/13/2017 which will be payable on 3/10/2017. Argent Trust Co rais...

Dec 19 2016

UK faces strike-hit Christmas by post, train and air

The Unite union and aviation services company Swissport announced negotiation plans Saturday meant to avert a December 23 walkout by 1,500 baggage handlers, check-in staf...

Dec 19 2016

Canadian woman, 4 Jordanian cops killed in attack

Jordanian security forces said they had killed four "terrorist outlaws" after flushing them out of the castle where they had holed up after the shootout. The gunmen conti...

Dec 18 2016

BC government offering interest-free loans to first time homebuyers

The government would put a second mortgage on a property to reflect the amount it loaned, but not require any interest payments or payments on the principal for the first...

Dec 18 2016

Why Express Scripts Is Getting Crushed?

The company now has a consensus rating of Hold and a consensus price target of $79.94. Jefferies Group reissued a "buy" rating and set a $88.00 target price on shares of ...

Dec 18 2016

Cuba wants to pay off $270 million debt in rum

Cuba's debt goes back to when the country was part of Czechoslovakia and the wider communist bloc within Eastern and Central Europe. However, Prague said it preferred...

Dec 17 2016

Wall Street may pause for breath as traders digest Fed rate decision

Mexico, whose markets and currency have been battered hardest by Trump's threats to tear up trade deals, holds a central bank meeting later where it is expected to hike i...

Dec 17 2016

Interest Rates Are Rising. Here's Why Your Deposit Rate Isn't

The outlook for USA monetary policy remains highly uncertain. The decision of the Federal Reserve to tighten monetary policy had a bigger impact on currencies than on s...

Dec 17 2016

Xavi: Cristiano Ronaldo doesn't deserve Ballon d'Or

For the fourth time in his career Cristiano Ronaldo was crowned the best player in the world by winning the Ballon d'Or on Monday. The Real Madrid superstar had a stell...

Dec 17 2016

Yahoo says hackers stole information from over 1B accounts

Yahoo also doesn't yet know who made off with all the data from the attack in 2013, which is said to be the largest breach of any company ever. In September, Yahoo s...

Dec 17 2016

Oil Eases Off Highs on Libyan Production

Earlier on Friday, the premium of the Brent front-month over the same USA contract rose to $2.27 a barrel, putting it within a couple cents of its highest mark since Augu...

Dec 17 2016

ME joins antitrust lawsuit against makers of generic drugs

In the lawsuit that has been filed in the U.S. District Court for the District of ct on Thursday, Heritage Pharmaceuticals has been named as the " ring leader ", which ...