Markets

Qatar Airways CEO warns of 'lasting wound'

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European Union foreign policy chief Federica Mogherini said Monday that "we are ready to help, assist and accompany this mediation in all ways that might be requested". "I think this generation, this entire generation, will never forget what happened". He said Qatar Airways had plenty of growth opportunities elsewhere, citing new routes opening this month to Dublin, Skopje and Sarajevo as exampl... [Full Article...]

Sabra Health Care REIT, Inc. (SBRA), Biogen Inc. (BIIB)

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Hedge funds and other institutional investors have recently made changes to their positions in the stock. Russell Investments Group Ltd. now owns 418,333 shares of the real estate investment trust's stock valued at $11,684,000 after buying an additional 413,336 shares during the period. [Full Article...]

European Stocks Decline as Traders Assess US Growth Prospects

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Stocks on Wall Streets hit a record high overnight. The vote in favor of the hike was unanimous. One is to look at what the Federal Reserve says, compare it to your own forecasts for inflation, growth, productivity and wages, and decide whether Fed Chairwoman Janet Yellen was right to show a flicker of hawkishness on Wednesday. [Full Article...]

Uber CEO's right-hand man is out

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Uber CEO's right-hand man is out Emil Michael , Uber's SVP of business and right-hand man of CEO Travis Kalanick , has left the company after an investigation into sexual harassment and workplace culture at the startup. The information regarding the contents of the meeting came via three anonymous sources who were familiar with the matter, The New York Times reports, who revealed quite a few interesting developments. [Full Article...]

Traders Focused Stock: United States Steel Corp. (X)

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AK Steel Holding Corporation (NYSE: AKS ) exchanged hands 17.37M shares versus average trading capacity of 15.66M shares. December 5 investment analysts at Deutsche Bank left the stock rating at "Buy" and raised the price expectation to $40.00 from $26.00. [Full Article...]

Macron's Party Wins Clear Parliamentary Majority

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Macron's Party Wins Clear Parliamentary Majority En Marche! and its centrist ally Democratic Movement are on course to win at least 355 out of 577 seats. Just months ago, Macron was given little chance of becoming president, never mind dominating parliament , but he and the movement he founded 16 months ago have tapped into widespread desire for wholesale change. [Full Article...]

Oil set for longest run of weekly losses since 2015 amid glut

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Brent, against which half of the world's oil is measured, plunged by $1.79 to $46.93 per barrel as of 7.50pm Nigerian time, while the United States benchmark, West Texas Intermediate, dropped to $44.66 per barrel, the lowest level since November 14, 2016. [Full Article...]

Britain, EU to discuss Brexit issues in July, September and October

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Britain, EU to discuss Brexit issues in July, September and October Brexit negotiations which could define the UK's political and economic future have begun, with David Davis calling for a " new deep and special partnership" between Britain and Brussels . The terms of reference state "for both parties the default is transparency" and that it is for the side providing any information to state whether it should remain secret. [Full Article...]


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