The U.S. is one of the few areas of the world in which there is an energy investment boom underway, a development that could smooth out the uncertainties of geopolitical events around the world. At the same time, outside of the U.S., there is a deterioration of stability in many oil-producing regions, aggravating risks for both oil companies and the oil market, according to a new report.Financial...Read More
** Credit reporting company's shares up 4 pct at$115.91 on upbeat Q4** EFX beats profit expectations for 8th quarter straight,revenue also tops helped by 15 pct increase in internationalrevenue** Cowen and Co says Q4 results bode well for 2018, expectsco to post positive EPS growth this year** EFX disclosed an additional 2.4 mln people were affectedby the cyber attack on Thursday morning, bringing...Read More
The week ahead is set to be food-heavy with corporate results from Domino's Pizza (LON:DOM), Just Eat (LON:JE. and Restaurant Group PLC (LON:RTN).The latest figures from all three companies are expected to show less people are eating out and instead tucking into take-away food.Domino's set for full-year deliveryDomino's Pizza is anticipated to serve up some tasty full-year results on Thursday with...Read More
** Drugmaker's shares up 16.5 pct at $2.04** To get $5 mln upfront in addition to milestone paymentsand royalties, from licensing agreement with Canada-baseddrugmaker Cipher Pharmaceuticals Inc for itsconstipation treatment, Trulance ** SGYP will manufacture and supply finished product to CPH** Stock had fallen 16 pct YTD (Reporting by Mrinalini Krothapalli) Disclaimer: The views expressed in th...Read More
• USD weighed down by Trump’s protectionist stance. • Risk-off mood provides an additional boost to safe-haven assets. • Fed rate hike prospects might continue to cap strong gains. Gold finally broke out of its Asian/early European session consolidation phase and spiked to fresh session tops in the last hour. A fresh...Read More
Hasbro, Inc. (NASDAQ:HAS) stock is sticking close to breakeven today, last seen up fractionally to trade at $94.42. However, the toy stock is pacing for its biggest weekly loss since early November, weighed down by a rough start to the week for rivalMattel (MAT) had a rough start to the week. Nevertheless, it could be time to buy the Hasbro dip, if past is precedent.According to Schaeffer's Seni...Read More
GETec Microscopy's Stefan Hummel tells Proactive Investors at the U.S. for Graphene 2018 Conference in New York about the commercialization of their atomic microscope used to measure graphene. Meet Scancell Holdings Plc, Advanced Blast & Ballistic Systems Ltd and TokenCommunities Plc at our event, London, 08 March 2018.Register here >>Read More
(Bloomberg) - Eike Batista, the former billionaire who lost his fortune and spent time in jail for alleged corruption, has a new headache: a lawsuit from his ex-wife.Luma de Oliveira, a former model and actress who famously wore a collar with Batista's name during a Carnival parade, filed suit against the former billionaire for allegedly failing to declare the full value of his assets when they e...Read More
By Stephanie KellyNEW YORK, March 2 (Reuters) - The state of California topsthe issuance table next week with $2.1 billion worth of debt, ahighlight for a U.S. municipal market that has had twoconsecutive months of decreasing supply, according to ThomsonReuters data on Friday.U.S. municipal bond and note issuers will sell about $7.94billion of debt, the highest weekly amount since mid-January.Muni...Read More
* Eikon search string for individual stock moves: * The Day Ahead newsletter: * The Morning News Call newsletter: The Dow industrials fell more than 1 percent for a fourth straight day on Fridayon mounting fears of a global trade war following President Donald Trump'spromise to impose import tariffs on steel and aluminum. At 11:15 ET, the Dow Jones Industrial Average was down 1.34 percentat 24,278...Read More
The Dow Jones Industrial Average (DJI) has come off its session lows, but is still staring at a more than 200-point deficit at midday, as talk of a trade war from President Donald Trump rattles the global stock market. A sharp drop for McDonald's (MCD) stock is only putting additional pressure on the blue-chip index. If the Dow loses 1% again today, it'll be the fourth straight drop of that magni...Read More
* Trump tweets: "Trade wars are good, and easy to win"* J.C. Penny slump after disappointing quarter* Wall Street in the red after two weeks of gains* Indexes dip: Dow 1.2 pct, S&P 0.63 pct, Nasdaq 0.49 pct(Changes comment, adds details, updates prices)By Ankur BanerjeeMarch 2 (Reuters) - The Dow industrials fell more than 1percent for a fourth straight day on Friday on mounting fear...Read More
** Shares of Quality Care up 26.2 pct at $15.90 inearly trading, on pace for their best day ever** 2nd-biggest pct gainer among NYSE-listed stocks** QCP to take over main tenant, U.S. nursing home operatorHCR ManorCare, as part of a pre-arranged Chapter 11 bankruptcyfiling that is expected in the coming days ** As part of deal, Quality Care will forgive all claimsagainst ManorCare in exchange for...Read More
It's been a rough year for General Electric Company (NYSE:GE) shares, to say the least. In fact, GE stock just wrapped up a 12th straight monthly loss -- not only the longest monthly losing streak among both current and former Dow stocks, but the longest among all optionable, liquid stocks right now. As such, we decided to take a look at how GE's plunge compares to other stocks, and how blue chips...Read More
BRASILIA, March 2 (Reuters) - Brazilian aluminum producersare concerned that U.S. President Donald Trump is launching intoa trade war with China that will ricochet on the world marketand depress prices if Chinese exporters have to find otherbuyers.Brazil is not a big exporter of aluminum products to theUnited States, but a tariff war between the world's largestimporter and China, its biggest expor...Read More
BRASILIA, March 2 (Reuters) - A potential hike in U.S.tariffs would be "manageable" for Brazilian steel producers andwould not have a "meaningful impact" on the larger steelcompanies, Moody's Investors Service said on Friday in a note toclients.Brazil's largest flat steelmaker, Usiminas ,exports only 15 percent of its output and only a negligible partgoes to the U.S. market. Th...Read More
(Adds DMO comment, details)By Chijioke OhuochaLAGOS, March 2 (Reuters) - Nigeria has paid off about 130billion naira ($413 million) worth of treasury bills maturingthis week instead of rolling over the debt as it has done in thepast, traders said.Patience Oniha, director general of the Debt ManagementOffice (DMO), confirmed the payment on Friday and said atreasury auction calendar for March would...Read More
(Bloomberg) - The union representative on Codelco's board of directors fears a proposal by Chile's incoming government to split the giant copper producer in two is a first step toward privatization.Chile's incoming government is working on a plan to break up Codelco into northern and southern divisions, Mining Minister Baldo Prokurica told La Tercera newspaper last week. The new cabinet led by P...Read More
Sterling received little direction from UK PM May's much-heralded Brexit speech,and the emergence of global trade anxieties could hold sway over the pound untilmore dramatic developments on Britain's EU divorce talks take back thespotlight. Cable entered the speech slightly elevated near 1.3800 and remainsnearby after dipping. May's comments on key elements of recent Brexit impasses,particularly N...Read More
** Shares of Pure Storage Inc dropped almost 11 pctearly Fri even after reporting its first qtrly profit since itsOct 2015 IPO** Data platform co's stock now down 8.3 pct at $19.97;among biggest percentage losers on the NYSE** Susquehanna cuts PSTG stock rating to "neutral" from"positive," maintains $22 PT; analyst Mehdi Hosseini cites "lackof visibility," particularl...Read More