Markets
Standard Life Plc's (SL) Hold Rating Reaffirmed at Shore Capital
Loop Capital has "Buy" rating and $16 target. Separately, Liberum Capital reissued a "buy" rating and issued a GBX 75 ($0.97) target price on shares of Communisis plc in a report on Thursday, March 9th. On Thursday, May 12 the stock rating was upgraded by Barclays Capital to "Overweight". The stock of Grainger PLC (LON:GRI) has "Neutral" rating given on Monday, January 4 by Kempen & Co. [Full Article...]
Mixture of old and new faces in Macron's first government
Francois Bayrou, centrist leader of Modem, was named Justice Minister, and will be in charge of pushing through Macron's first law on "moralising" political life. President Macron took office May 14 and will now have to deal with a slate of difficulties for the country, such as unemployment, terrorist threats and political division. [Full Article...]
Australian banks lick wounds after tax hit
The Australian Competition and Consumer Commission will be asked to monitor the banks' response when the levy is implemented. "There is clearly the potential for better days ahead", Mr Morrison said. "We will no longer accept, as an excuse from repeat offenders, that the reason they could not meet their mutual obligation requirements was because they were drunk or drug-affected", Morrison said. [Full Article...]
Kuwait backs call to extend oil output cuts
Russian Federation and Saudi Arabia, the largest of the 24 producers that agreed to cut output for six months starting in January, said on Monday that they favor a nine-month extension of the reductions. The ministers said they hoped other producers would join the supply cut, which would initially be on the same volume terms as before. Earlier this month, Saudi Arabia's oil minister indicated th... [Full Article...]
Nabors Industries Ltd. (NBR) Shares Gap Up on Insider Buying Activity
Citigroup maintained Nabors Industries Ltd . (NYSE: NBR ) rating on Friday, March 18. They set a buy rating and a $20.00 target price on the stock. Another trade for 22,000 shares valued at $207,460 was made by Restrepo William J on Thursday, May 4. If the share price is now hovering near the 52 week low and the value is achieved in the current past then it can suggest that the price of the... [Full Article...]
Detroit Tigers hit back-to-back-to-back home runs against Rangers
They got going on Saturday with a 9-3 win where they pounded the Rangers pitching staff. Keep in mind that the Rangers had won 10 straight games prior to that, so Detroit should feel good about themselves. Norris had a rough night and Texas took advantage. A Orioles 7, Blue Jays 5: Welington Castillo hit a go-ahead home run for the second consecutive game to lead Baltimore past visiting Toront... [Full Article...]
Ford to cut 1400 salaried jobs in North America, Asia
Ford said two-thirds of the offers will be made in North America, although it does not know how the acceptance rates will break down by region. A spokesperson for the United Auto Workers union, which represents Ford factory workers, told BuzzFeed News that its members would not be affected by the cuts. [Full Article...]
Records tumble as Celtic ends season unbeaten
Celtic hasnt lost a game in domestic soccer all season. And they have broke a string of other incredible records along the way. "The group have worked so hard for all the records they have broken". Griffiths kick-started the title party five minutes after the interval when he headed home a cross from the impressive Patrick Roberts. The pair combined again moments later with Griffiths this t... [Full Article...]