Business

The Sell-Side Reaction To The Coca-Cola Company (KO)'s Recent Shift

The Sell-Side Reaction To The Coca-Cola Company (KO)'s Recent Shift

After $0.43 actual earnings per share reported by The Coca-Cola Co for the previous quarter, Wall Street now forecasts 32.56% EPS growth. Highstreet Asset Management Inc. The ex-dividend date is Thu...

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Founder of China's LeEco steps down amid cash crunch

Founder of China's LeEco steps down amid cash crunch

The company went from from electric vehicles and online TV content to sports and smartphones in a little over a decade, employing 14,000 people globally as of late previous year. LeEco, a Chinese comp...

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M&S to make £400m Simply Food investment as profits slump

M&S to make £400m Simply Food investment as profits slump

Pre-tax profits collapsed to £176.4m for the year to 1 April as the retailer was hit by more than £400m in one-off charges reflecting store closures and pension changes. The group opened 68 new Simply...

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Philippines President Duterte declares martial law in south

The last time he raised this prospect was on May 19, or 4 days before he declared martial law in the southern Philippines. He said the militants also beheaded a local police chief in the city of Mal...

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Moody's downgrades China rating to A1 from Aa3, with stable outlook

China's Shanghai Composite index fell more than one percent in early trade before paring losses, while the yuan currency in the offshore market briefly dipped almost 0.1 percent against the U.S. T...

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Who are the lawyers and judges debating Trump travel ban?

Who are the lawyers and judges debating Trump travel ban?

Wall pointed to a previous US Supreme Court case that said courts couldn't look behind certain immigration-related decisions if, on their face, they presented a legitimate objective and the governmen...

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Pro-Kilroy Realty Corp Institutional Investors Sentiment Runs High in Q4 2016

Evercore Wealth Ltd Company holds 0% in SL Green Realty Corp (NYSE:SLG) or 132 shares. Following the completion of the transaction, the senior vice president now directly owns 63,899 shares of the com...

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Trump budget would cut food stamps by 25 percent

Trump budget would cut food stamps by 25 percent

Donald Trump's budget that is expected to be unveiled on Tuesday will include $800 billion in cuts to Medicaid - a move that underscores the President's resolve to significantly downsize the federal ...

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Merkel given big boost by voters in final pre-election test

Merkel given big boost by voters in final pre-election test

German media is asking whether Merkel has already dealt a knock-out blow to her opposition party, the Social Democrat party (SPD), in the run-up to the country's national election. Within minutes of...

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Carmel-based company wins patent case at US Supreme Court

Carmel-based company wins patent case at US Supreme Court

The ruling is a blow to so-called patent trolls - shell companies that buy up patents and force businesses to pay license fees or face expensive litigation. Recent efforts in Congress have failed. A...

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19 dead in Manchester Arena blast; PM Modi condemns

Police have urged people to avoid the area and said the blast was being treated as a terrorist incident. The deadliest bomb attack on British soil took place on 7 July 2005 when four British suicide...

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What was the Hillary Step on Mt. Everest?

Named after Sir Edmund Hillary, the "Hillary Step" was a 12-metre high rock barrier on the South-East Ridge which is known as the final major hurdle before climbing to the peak of Everest. As Lyons ex...

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Australia plans major spending plus surplus in 3 years

Australian Bankers Association chief executive Anna Bligh has already hit out at the levy and warned it could threaten Australia's financial stability, but it is expected the measure will pass the p...

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Are Analysts Bullish about QUALCOMM, Inc

The firm has a market capitalization of $81.73 billion, a price-to-earnings ratio of 18.43 and a beta of 1.31. Douglas Lane & Associates LLC owned about 0.08% of QUALCOMM worth $69,516,000 as of its...

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South Korea recalls Hyundai cars, asks probe on cover-up

South Korea recalls Hyundai cars, asks probe on cover-up

Yong Sohn, general manager-global public relations for Hyundai Motor Group, says despite the media announcement the automaker still is awaiting formal notification. Immediately after the Ministry's ...

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Christie: I Wouldn't Have Let Flynn Into White House

Christie: I Wouldn't Have Let Flynn Into White House

If I were President-elect of the United States, I wouldn't let General Flynn into the White House, let alone give him a job". "I would say that Mr. While that could be interpreted to suggest that ...

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Jerusalem will always be capital of Jewish state: Israel PM

Jerusalem will always be capital of Jewish state: Israel PM

The United States does not recognize Jerusalem as Israel's capital, a position shared by almost every other country in the global community. The State Department and the White House have held by thi...

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Trump invites new South Korean leader to US

Trump invites new South Korean leader to US

Moon's pick for National Intelligence Service chief is Suh Hoon, a longtime intelligence official Moon said would be the right man to push reforms at NIS, which has always been accused of meddling in ...

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Texas revives transgender 'bathroom bill' for public schools

Texas revives transgender 'bathroom bill' for public schools

Divided nearly exclusively along party lines in a Sunday night vote, the Texas House backed a ban on transgender-friendly bathroom and locker room policies in the state's public schools. But supporter...

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Nelson's Four Seasons finale: Horschel over Day in playoff

He had started the day in a six-way tie for third and six strokes behind Kokrak. Hahn, down by two strokes with just the final hole to go, took dead aim with a wedge and almost pulled off the unth...

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Officers will be cracking down on seat belt violators next week

Officers will be cracking down on seat belt violators next week

The campaign is aimed at keeping families safe over Memorial Day weekend and as the summer vacation season approaches. Pennsylvania law also stipulates that children under the age of 8 years must be...

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Celtic beat Hearts to complete historic unbeaten season

Celtic beat Hearts to complete historic unbeaten season

Remarkably Rodgers's side overtook the points and goals scored total achieved by the Celtic team managed by fellow Irishman Martin O'Neill 15 years ago. However, Hearts' resistance was broken when...

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AT&T workers on strike

Workers are fighting for wage increases that cover rising healthcare costs, basic job security, affordable healthcare, and a fair scheduling policy. It is the largest strike in the U.S. The union said...

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Wpp Plc (WPP) Stock Rating Reaffirmed by Barclays PLC

In addition to Jefferies International reporting its target price, a total of 19 firms have issued a report on the stock. Among 31 analysts covering AstraZeneca PLC ( LON:AZN ), 15 have Buy rating, ...

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Hong Kong's Cathay lays off 600 as it faces rising pressure

Hong Kong's Cathay lays off 600 as it faces rising pressure

The cargo unit will also be restructured. The decision to remove the role of cargo director and wrap its duties with those of the chief customer and commercial officer appeared to indicate a retrenc...

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North Korea Links Nuclear Advances to Hostile US Policy

North Korea Links Nuclear Advances to Hostile US Policy

The ministry said it did not see the call as a sign for dialogue as it is not logical for Pyongyang to make such a request while testing a new intermediate-range ballistic missile. The missile report...

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FBI Open Investigation into Disastrous Fyre Festival

FBI Open Investigation into Disastrous Fyre Festival

And as it was an event touted by and for "influencers", the whole scandal went down on social media, with attendees tweeting, Instagramming, and live-streaming direct from the island. "I can not empha...

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Basquiat painting fetches record $110.5M at New York auction

Basquiat painting fetches record $110.5M at New York auction

Earlier this evening, Sotheby's sold an untitled Jean-Michel Basquiat painting from 1982 for $110.5 million, inclusive of auction house fees. Mr Maezawa, who is also the founder of Japan's la...

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Saudi Arabia, Russia Back OPEC's Oil Output Cut in Joint Statement

US West Texas Intermediate (WTI) crude was at $48.62 per barrel, up 78 cents. Yet, OPEC's own production rose in April, by 65,000 barrels daily last month, to 31.78 million bpd, with increased produ...

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Appeals court to weigh challenge to revised Trump travel ban

Appeals court to weigh challenge to revised Trump travel ban

But if the question of unfettered authority dominated in front of the 9th Circuit panel, the central theme during the 4th Circuit's oral arguments was how much, and even whether, Trump's anti-Muslim...

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