Markets
Antonio Conte lauds Chelsea after wrapping up title at West Brom
Ancelotti went on to win the FA Cup as well and one suspects the insatiable Conte will feel a sense of anti-climax if his side do not beat Arsenal at Wembley Stadium on May 27. "There's no better feeling than this in football". Chelsea midfielder Cesc Fabregas said: "I thought it was going to be one of those days". Conte complained about the proximity of fixtures towards the end of the season,... [Full Article...]
Gordon Haskett Indicated Nordstrom, Inc. (NYSE:JWN) As 'Accumulate'
The institutional investor owned 2,687 shares of the specialty retailer's stock at the end of the first quarter. Brighton Jones LLC raised its position in Nordstrom by 110.4% in the third quarter. On average, analysts anticipate that Nordstrom will post $2.92 earnings per share for the current year. If you are accessing this story on another domain, it was illegally copied and republished in... [Full Article...]
SBI to charge no-frills account holders, wallet users for ATM withdrawals
While cash deposit through these channels using a mobile wallet will attract a maximum transaction cost of Rs 8 plus service tax which is Rs 3.50 per transaction, cash withdrawals will attract a levy of 2.5% of the transaction value plus tax. [Full Article...]
France's Macron names half of parliamentary candidates from civil society
USA political uncertainty has tended to weigh on the dollar in recent months, on the view that a divided Congress could derail Trump's promised tax reform and stimulus programme. Valls", he added. " Macron has no political past it is very confusing to see him in final round", said French DVC student Alix Folgringer. Mr Macron is expected to name his prime minister on Sunday or Monday, after h... [Full Article...]
Disappointing retail earnings drag USA stocks lower
Macy's executives highlighted the Backstage off-price concept, Last Act clearance sections and Bluemercury cosmetics chain as growth areas.The company said a pilot program aimed at focusing its selection of women's shoes and improving the shoe-shopping experience produced a "nearly double-digit" sales increase in those stores. [Full Article...]
UBM Plc (UBM) Receives GBX 762.19 Consensus Target Price from Brokerages
With 13,900 avg volume, 7 days are for Unique Fabricating Incorporated (NYSEMKT:UFAB)'s short sellers to cover UFAB's short positions. Aqr Cap Mngmt Lc has invested 0.01% in Childrens Place Inc (NASDAQ:PLCE). It has a 23.91 P/E ratio. Investors sentiment increased to 1.18 in 2016 Q4. Its down 0.68, from 1.53 in 2016Q3. Liberum Capital reiterated a "buy" rating and set a GBX 335 ($4.33) target pr... [Full Article...]
BT to cut 4000 jobs in restructuring after 'challenging year'
The misery has now spread to some of BT's employees. In order to gain back its dividend growth aspirations and to recover from a profit warning and an accounting scandal, BT is cutting jobs. "We've faced headwinds in the United Kingdom public sector and global corporate markets and must learn from what we found in our Italian business", BT's chief executive Gavin Patterson commented in the stateme... [Full Article...]
Snapchat reports first earnings since going public ; Lost $2.2 billion last quarter !
What's worse is that they only registered a 36 percent user growth over the prior period. A large reason for the underachievement is due to the number of users slowing down. Facebook is a social media behemoth compared to Snapchat and its numbers prove the same. Unlike Facebook , Twitter or Instagram, Snapchat isn't connecting networks of people. [Full Article...]