Markets

by | May 06, 2019 | 01:03

Meyer Shields, of Keefe, Bruyette & Woods, is among the critics of Berkshire's disclosures, saying in an April 28 report they leave investors "disproportionately reliant" on Buffett's public persona and past investment successes rather than actual knowledge about the company.

by | May 06, 2019 | 02:10

In the process, it allided with the already-docked Nieuw Amsterdam , while docking stern to stern. The Vancouver Fraser Port Authority confirmed that the accident occurred early on the morning of May 4th, when the Oosterdam struck the Nieuw Amsterdam , causing damage to six of the Nieuw Amsterdam's stateroom verandas.

by | May 05, 2019 | 03:31

Logo of Bombardier is seen at an office building in Zurich, Switzerland February 28, 2019. In a statement, Bombardier said it was consolidating all aerospace assets into a "single, streamlined and fully integrated business"."As a result, Bombardier will pursue the divestiture of its Belfast and Morocco aero-structures businesses".

by | May 05, 2019 | 02:35

Citing a "strong" labour market, "solid" economic growth and a lack of inflationary pressure, Federal Reserve policymakers voted unanimously to keep the benchmark interest rate unchanged at its current range of 2.25 to 2.50 percent. The Fed raised rates four times in 2018 and, as late as December, had anticipated further rises in borrowing costs this year. In March, the central bank indicated that it likely was done with increases for the rest of this year.

by | May 05, 2019 | 03:05

All have use-by dates of October 1, 2019 through March 7, 2020. The frozen, ready-to-eat chicken strip items were produced were produced between October 1, 2018 and March 8, 2019 and have "Use By Dates" of October 1, 2019 through March 7, 2020, according to the Department of Agriculture.

by | May 05, 2019 | 02:02

OverActive Media is now - as things stand - the only company that owns spots in three major franchised leagues. Consensus estimates call for $0.37 in EPS and $1.28 billion in revenue for the quarter. He cited "substantial" revenue from sponsors including Anheuser-Busch InBev, Coca-Cola, and State Farm, as well as selling the broadcast rights for tournaments.

by | May 05, 2019 | 02:57

Scott Guthrie, executive vice president, Microsoft Cloud and AI Group , said: "We're delivering Azure services for developers to build the next generation of apps". "IoT Plug and Play will offer customers a large ecosystem of partner-certified devices that can connect quickly". This can also be combined with a retailer's current recommendation engine, it was said .

by | May 05, 2019 | 02:05

More details are expected when Bank of England Governor Mark Carney holds his regular post-meeting press conference at 1130 GMT to round off this 'Super Thursday schedule. However, it now expects that gross domestic product will increase by 1.5% this year, a slight acceleration from 2018, with growth set to pick up further to 1.6% in 2020 and 2.1% in 2021.

by | May 04, 2019 | 02:49

Berkshire Hathaway owns about 250 million shares of tech giant Apple. The billionaire all-star investor disclosed the move in an interview with CNBC , telling the broadcaster that the stock purchases were bought by "one of the fellows in the office that manage money".

by | May 04, 2019 | 01:57

This comes two days after the Federal Reserve made a decision to keep interest rates steady . For that reason, Michelle Meyer, head of United States economics at Bank of America Merrill Lynch, told The New York Times that the drop in unemployment that occurred in April was "for bad reasons".

by | May 03, 2019 | 02:56

This is standard when opening accounts with large banks: the average customer is charged $329 in fees a year, according to a report by Bank Fee Finder . During the exchange, Porter pressed Dimon about how some employees can make ends meet on lower salaries while executives enjoy more lucrative pay packages, reports CNN .

by | May 03, 2019 | 02:37

May is Mental Health Awareness month, and to tie in with that Burger King in the United States are introducing a special range of boxed meals that include a P***ed Meal, Blue Meal, Salty Meal, Yaaas Meal and DGAF (Don't Give a F***) Meal.

by | May 03, 2019 | 02:48

Tesla chief executive Elon Musk shown unveiling the Model Y at the electronic vehicle maker's design studio in Hawthorne, Calif. on March 14, 2019. The company delivered 50,900 Model 3 cars in the first quarter, down 20 percent from 63,359 the past three months. John Zhang, an analyst with research firm IDC, said that Tesla is going out of its way to convince customers that they absolutely should not buy the 150-kilometre vehicle.

by | May 03, 2019 | 01:47

Apple Inc shares rose more than 6 percent on Wednesday, pushing the iPhone maker's market valuation back towards $1 trillion as its quarterly report and upbeat forecast calmed investors anxious about slowing growth. Rumors never seem to die down when it comes to Apple's latest iPhone. Ives said the streaming service could offer a major boost for Apple and bring in some 100 million consumers over the next three years.

by | May 03, 2019 | 01:22

Zuckerberg and his chief lieutenant, Sheryl Sandberg, have apologised repeatedly over the past year for Facebook's ever-expanding list of mishaps over privacy , data misuse and security problems. Groups have also caused controversy for the company, especially as communities pop up around extremist topics. With 400 million users subscribed to over ten million active groups, the redesigned app will make it easier for users to access the groups they belong to and find new ones to join.

by | May 02, 2019 | 03:45

Marriott said that data from its Tribute Portoflio Homes pilot showed that 90 per cent of guests were Marriott Bonvoy members , with over three quarters travelling for leisure with family and friends, and the average stay being more than triple the typical hotel stay.

by | May 02, 2019 | 01:55

The March gain was the biggest monthly increase since August 2009, the Commerce Department reported Monday . Fed officials will be meeting across Tuesday and Wednesday to examine the state of the USA economy and discuss the scope of changes in the monetary policy going foeward.

by | May 02, 2019 | 02:31

Anadarko Petroleum accepted a buyout bid from Chevron earlier this month, but it's now considering Occidental's offer worth about US$57 billion in cash and stock, including debt and book value of non-controlling interest. The preferred stock will accrue dividends at 8% /yr - or with respect to dividends that are accrued and unpaid, 9%/yr. Last December, an insurance unit of the billionaire investor's Berkshire Hathaway opened in the Dubai International Financial Centre, offering ...

by | May 02, 2019 | 02:33

Restaurant Brands is popularly known for its chain of fast food joints which includes Burger King, Tim Hortons, and Popeyes. The Company saw stronger growth in its Burger King and Popeyes unit, while its Tim Hortons segment lagged behind. Jose Cil , CEO of Restaurant Brands International Inc., blames cold weather and a disappointing roll-up-the-rim promotion for slow sales in its most recent quarter.

by | May 02, 2019 | 03:22

This was attributed substantially to the deceleration of growth in YouTube ad clicks. And while it isn't a big business for Google, the firm did mention that its smartphone operations encountered "year over year headwinds", meaning that it sold fewer handsets than it had in the year-ago quarter.

by | May 02, 2019 | 00:49

Even though growth in household spending and business investment has slowed, "job gains have been solid, on average, in recent months, and the unemployment rate has remained low", the Federal Reserve's rate-setting body said in a statement Wednesday.

by | May 02, 2019 | 01:11

On World Land Rover Day (April 30), the next-generation Defender reached a development milestone as its prototype fleet managed to hit a landmark 1.2 million kilometres. But not before you've had a play on Land Rover's configurator ... Every vehicle launch is hard. He predicted "strong demand" for the model. A look at the Defender's profile.

by | May 01, 2019 | 03:58

Trump is walking a tightrope, as he tries to completely cut off Iran from worldwide oil markets and thereby put the nation's economy under pressure to push Tehran to bow to USA demands while also attempting to keep gas prices low in the United States.

by | May 01, 2019 | 02:39

The streets of Caracas, Venezuela have turned into chaos Tuesday after a military vehicle drove directly into a crowd of protesters. National assembly speaker Juan Guaido spoke before dawn from a Caracas area air base alongside the leader and founder of his Voluntad Popular party Leopoldo Lopez .

by | May 01, 2019 | 03:23

Iranian President Hassan Rouhani speaks during a news conference with Iraqi President Barham Salih (not pictured) in Baghdad, Iraq, March 11, 2019. It was not clear what the impact of the new Iranian law might have on US forces or their Middle East operations.

by | May 01, 2019 | 00:39

The Department of Justice has warned the committee against lines of questioning based on the Mueller report in a public hearing; Democrats on the committee have threatened subpoenas if Barr plays hooky. "That's an affair entirely for Congress. administration witnesses have to come in and be examined as the committee sees fit", he said. The attorney general isn't a fact witness, and this committee's investigations-as Democrat leadership reminds us daily-don't constitute impeachment, so ...

by | April 30, 2019 | 03:43

On the side, the new Hyundai ix25 ( Creta replacement for some markets) gets a rather plain look with nearly no character lines except the one running from the rear fender across to the rear door. Showcased in bright red colour, the new Creta gets a radical new styling, inspired by the company's flagship Palisade SUV as well as the smallest, Venue SUV.

by | April 30, 2019 | 03:39

Toyota has said previously it plans to move production of the Corolla from Cambridge to a new plant under construction in Alabama, which it will run jointly with Mazda Motor Corp. The new product announcement by Toyota comes after the Ontario manufacturing sector has been hit by major job loss announcements in recent months.

by | April 30, 2019 | 02:47

The disappointing sales were also a stark contrast to scandal-plagued Facebook Inc., which last week reported a 26 percent jump in ad sales. This month, Google said it would offer smartphone users five browsers and search engines as part of the company's effort to meet European Union competition concerns.

by | April 30, 2019 | 02:12

The Impossible Whopper is different from the Veggie Burger Burger King already offers, which used a MorningStar Farms Garden Veggie Patty. 'Burger King Restaurants are targeting nationwide availability of the Impossible Whopper by the end of 2019'.

by | April 29, 2019 | 05:11

US Stocks closed higher on Friday as both the Nasdaq and the S&P 500 hit record highs. Stocks are closing at a fresh all-time high on Wall Street Friday, as investors weighed a report showing solid USA economic growth. The S&P 500 increased 13.71 points, or 0.47 percent, to 2,939.88. After staying close to flat for much of the day the S&P, Nasdaq and the Dow gained ground in the last hour of trading to register their second record closes for the week.

by | April 29, 2019 | 04:30

As for Manchester Airport, the following flights have been cancelled: 4.20pm from Stockholm , 5.20pm from Copenhagen, 7.20pm from Oslo, Norway and 8.05pm from Bergen, Norway. The first is "Wait for us to rebook you to the next available flight". "But we're a big group and it's unlikely everyone would be able to get on the same flight", Lundberg said.

by | April 29, 2019 | 04:55

It has 171.44M outstanding shares and 129.58M shares have been floated in market exchange. Tesla, Inc . institutional proprietorship is held at 62.9% and beta stands at 0.34. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.20%. The YTD performance remained at -21.05%. Tesla has a 52-week low of $247.77 and a 52-week high of $387.46.

by | April 29, 2019 | 03:58

Advertising group WPP backed its 2019 guidance on Friday as it posted a rise in first-quarter revenue but a drop in like-for-like revenue due to "significant" client losses a year ago, mostly in the US. Underlying sales in North America, which accounts for more than a third of revenues, dropped by 8.5pc, after it lost some of its biggest clients including Ford.

by | April 29, 2019 | 03:54

The exchange further explains that those funds are, in fact, seized and safeguarded in several jurisdictions, including Poland, Portugal, the United Kingdom and the United States. The Panama-based Crypto Capital was selected by iFinex as a payment processor to manage client payouts after many banking institutions such as Wells Fargo, rejecting to do business with it.