Financial


News Daily – United States

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Forbes – United States

Saudi Arabia’s Early Christmas Gift To Oil Markets Won’t Last

Since Saudi Arabia pulled of its goal of reaching an OPEC oil production cut agreement, oil prices have spiked to one-and-a-half year highs. Now, a Saudi-led OPEC meets with Russia and other non-OPEC members on Saturday to bring them on board also. Even if Russia comes on-board, problems remain.

Posted on 7 December 2016 @ 4:54 am

FMX is Now Oversold

Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum […]

Posted on 6 December 2016 @ 9:26 pm

Biotech Has A Solution For The Clean Water Crisis

Women queue for water on November 24, 2016 on the outskirts of Bulawayo, outside a Leveve Baptist Church where a collective water tank has been installed. The levels of the Bulawayo water supply dams decreased to an average below 28 percent leading to a 72 hour water rationing system as […]

Posted on 6 December 2016 @ 9:00 pm

Pitney Bowes (PBI) Shares Cross 5% Yield Mark

Looking at the universe of stocks we cover at Dividend Channel, in trading on Tuesday, shares of Pitney Bowes Inc (NYSE: PBI) were yielding above the 5% mark based on its quarterly dividend (annualized to $0.75), with the stock changing hands as low as $14.80 on the day. Dividends are […]

Posted on 6 December 2016 @ 8:15 pm

GUESS ? Named Top Dividend Stock With Insider Buying and 6.85% Yield (GES)

In this series, we look through the most recent Dividend Channel ”DividendRank” report, and then we cherry pick only those companies that have experienced insider buying within the past six months. The officers and directors of a company tend to have a unique insider’s view of the business, and presumably […]

Posted on 6 December 2016 @ 7:40 pm

Great-West Lifeco’s Preferred Series P Shares Cross 5.5% Yield Mark

In trading on Tuesday, shares of Great-West Lifeco Inc.’s Non-Cumulative First Preferred Shares, Series P (Toronto: GWO-PRP) were yielding above the 5.5% mark based on its quarterly dividend (annualized to $1.35), with shares changing hands as low as $24.34 on the day. As of last close, GWO.PRP was trading at […]

Posted on 6 December 2016 @ 7:39 pm

Tuesday Sector Laggards: Utilities, Consumer Products

Looking at the sectors faring worst as of midday Tuesday, shares of Utilities companies are underperforming other sectors, showing a 0.2% loss. Within that group, Edison International (NYSE: EIX) and Dominion Resources Inc (NYSE: D) are two large stocks that are lagging, showing a loss of 1.1% and 0.9%, respectively. […]

Posted on 6 December 2016 @ 7:38 pm

RTT News – United States

Equinix To Acquire 24 Data Center Sites From Verizon In $3.6 Bln Cash Deal

Global interconnection and data center company Equinix, Inc. (EQIX) Tuesday said it signed a definitive agreement to purchase a portfolio of 24 data center sites and their operations from Verizon Communications Inc. (VZ) for $3.6 billion in an all cash transaction. The transaction is expected to close by mid-2017.

Posted on 6 December 2016 @ 1:26 pm

IBM Predicts Cyber Monday Online Sales To Grow By Double Digits Over 2015

International Business Machines Corp. (IBM) has predicted that Cyber Monday online sales this year will increase in the double-digit percentage range over 2015. It has also predicted that overall 2016 online sales for retailers in the period during November and December will increase by 13.89 percent over 2015.

Posted on 28 November 2016 @ 1:33 pm

Adobe: Online Sales On Thanksgiving Day Rise To More Than $1 Bln

Online spending by bargain hunters on Thanksgiving Day this year rose 13.6 percent from last year to $1.15 billion, according to data from Adobe Systems Inc. (ADBE).

Posted on 25 November 2016 @ 3:35 pm

Cisco Remains Firmly Negative In Afternoon Trading

Shares of Cisco (CSCO) continue to see significant weakness in afternoon trading on Thursday after falling sharply early in the session.

Posted on 17 November 2016 @ 7:28 pm

Deutsche Welle – Germany

Japanese tech billionaire Masayoshi Son meets Trump, pledges $50 billion for US

Japanese mogul Masayoshi Son has appeared with President-elect Donald Trump to announce a $50 billion investment in the US. The money is projected to come from Softbank’s previously announced Vision fund.

Posted on 7 December 2016 @ 4:47 am

EU approves Microsoft-LinkedIn deal

The European Commission has given the green light to Microsoft’s planned acquisition of professional networking site LinkedIn. But Brussels made it clear that the approval came with strings attached.

Posted on 6 December 2016 @ 7:33 pm

Greece rejects calls to extend austerity past 2018

One day after eurozone approval of short-term debt relief measures, Greece rejected pressure to extend its austerity program beyond 2018 as part of a deal to bridge differences between its international creditors.

Posted on 6 December 2016 @ 5:30 pm

German banks falling behind

Germany’s banking sector has lost further ground in comparison to its international rivals, a market survey by Bain & Company has found. No other banking industry logs lower growth and a lower return on equity.

Posted on 6 December 2016 @ 4:45 pm

Chinese investor buys famous British pub

A Chinese firm has bought the British pub where the Chinese president and the then British prime minister last year had a pint over fish and chips. It’s one of the more unusual Chinese acquisitions abroad.

Posted on 6 December 2016 @ 2:37 pm

Economists urge rate hike to stem Turkish lira sell-off

The Turkish government’s attempt to launch state tenders in the lira currency and President Erdogan’s call for Turks to sell foreign exchange will not be enough to shore up the tumbling currency, economists say.

Posted on 6 December 2016 @ 11:09 am

South Korea grills top executives over links to disgraced president

A senior executive at Samsung has denied receiving favors for donations to scandal-linked foundations. More than 50 corporate groups donated to foundations belonging to the president’s longtime confidant.

Posted on 6 December 2016 @ 4:38 am

The Jerusalem Post – Israel

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Yahoo – United States

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