Markets

Sells 2145 Shares of Wal-Mart Stores, Inc. (NYSE:WMT)

Sells 2145 Shares of Wal-Mart Stores, Inc. (NYSE:WMT) The stock decreased 3.57% or $3.1 during the last trading session, reaching $83.8. About 227,509 shares traded. Wal-Mart Stores, Inc. (NYSE: WMT ) has risen 13.83% since January 16, 2017 and is uptrending. Its the same as in 2017Q2. A month ago, analyst EPS consensus estimated earnings of US$1.35 per share. Veritable Lp accumulated 23,954 shares. Wal-Mart Stores, Inc is engaged in the operation ... [Full Article...]

Citigroup Hit With Huge Loss on Tax Reform

Citigroup Hit With Huge Loss on Tax Reform This charge is comprised of $19 billion related to the remeasurement of Citi's deferred tax assets arising from a lower USA corporate tax rate and shift to a territorial tax regime, and $3 billion related to the deemed repatriation of unremitted earnings of foreign subsidiaries. [Full Article...]

Singapore and Malaysia rail operators to jointly run Rapid Transit System Link

Singapore and Malaysia rail operators to jointly run Rapid Transit System Link Singapore's focus on the digital economy is one area in which the two countries can team up on, to promote e-commerce and e-payments, and develop Singapore and Kuala Lumpur as "smart cities", he added. Subsequent concessions will be awarded through open tender. To benefit from economies of scale, the RTS Link is to utilise the same rolling stock, signalling, communication and control technologi... [Full Article...]

Lawmakers Pushing AT&T To Cut All Ties With Huawei

Lawmakers Pushing AT&T To Cut All Ties With Huawei One of the ties that members of the House and Senate want to be cut by AT&T is a collaboration the carrier has with Huawei related to the standards for the next generation high-speed 5G network, said the sources. It builds on past action against Huawei (the world's top seller of telecom equipment) and ZTE (ranked fifth), which included a ban on ZTE selling products to the USA government agencies... [Full Article...]

Premier Food's Christmas sales boosted by record demand for mince pies

Premier Food's Christmas sales boosted by record demand for mince pies The company said sales rose 4% to £261.4m, with sales of its own brands up 0.7% and products it manufactures for retailers' brands rising 17%. Six of its eight major brands gained market share while chief executive officer Gavin Darby highlighted progress in the worldwide business, which saw a 26% increase in sales. [Full Article...]

Manx Telecom (MANX) Given Buy Rating at Peel Hunt

Manx Telecom (MANX) Given Buy Rating at Peel Hunt About 25.42 million shares traded. It has outperformed by 24.43% the S&P500. This rating was revealed in an analyst note on 20 September. They set an add rating and a GBX 220 ($2.98) target price on the stock. The company was maintained on Tuesday, July 18 by BMO Capital Markets. The rating was maintained by Peel Hunt on Wednesday, November 23 with "Buy". As per Wednesday, August 26, the company... [Full Article...]

BP takes $1.7B charge on Deepwater Horizon claims closure

BP takes $1.7B charge on Deepwater Horizon claims closure The Deepwater Horizon oil spill killed 11 people in April 2010 and saw 4.2 barrels of oil spilt into the Gulf of Mexico. 'We acknowledge the possibility that there might be further provisions in the next few quarters, as the remaining claims might prove to exceed BP's expectations, ' he says. [Full Article...]

Cranberries lead singer dies at age 46

Cranberries lead singer dies at age 46 Police initially called the death "unexplained", but said Tuesday that nothing suspicious had been found. Police in London said a woman in her 40s was pronounced dead early on Monday at a hotel on Park Lane in central London. Her publicist added: "Family members are devastated to hear the news and have requested privacy at this very hard time". O'Riordan traveled to London to record a renditio... [Full Article...]


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