• Sterling hits 12-day high as investors bet on Conservative win
Sterling hits 12-day high as investors bet on Conservative win

Regardless of the election result, any move by sterling is bound to affect United Kingdom equity markets , but the team suspects that for both the FTSE 100 and 250 indices, moves would likely be marginal. However, the U.S. currency slid 0.62% against its Australian counterpart to AUD$1.3229. Investors will closely monitor U.S. Senate testimony b...

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  • Three more arrests in London terror probe
Three more arrests in London terror probe

In particular, the revelation that at least one of the attackers, Khuram Butt , was known to security services has raised concerns that they lack the resources to prevent attacks. In fact, Butt was one of the main characters in a television documentary called " The Jihadis Next Door ". The Islamic State terror group has claimed responsibilit...

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  • May's United Kingdom election gamble backfires as Tories lose majority
May's United Kingdom election gamble backfires as Tories lose majority

Speaking as she was re-elected MP for Maidenhead, Mrs May said: "At this time, more than anything else, this country needs a period of stability. The mandate she's got is lost votes, lost Conservatives seats, lost votes, lost support and lost confidence", said Corbyn, who held his seat after winning more than 73 per cent of the vote in his constitu...

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  • High rents make housing unaffordable for many in MI
High rents make housing unaffordable for many in MI

For millions of Americans, housing costs are perversely mismatched to hourly wages. The most expensive state for housing is Hawaii, where workers would need to make $35.20 an hour to afford a two-bedroom apartment. The average wage of renters in Colorado is $17.13 per hour. The national average rent is $892 a month for a modest one-bedroom apar...

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  • Whiting Petroleum Corp (WLL) Price Target Cut to $11.00
Whiting Petroleum Corp (WLL) Price Target Cut to $11.00

Finally, Credit Suisse Group AG restated a "buy" rating and issued a $15.00 price objective on shares of Whiting Petroleum Corp in a report on Friday, March 31st. In terms of The Procter & Gamble Company (PG) stock price comparison to its moving averages, shares of company are -0.33% away from the 50-day moving average and 0.91% away from 20-day ...

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  • Ares Capital Corporation (ARCC)
Ares Capital Corporation (ARCC)

Seabridge Investment Advisors Llc increased its stake in Ares Capital Corporation ( ARCC ) by 34443.18% based on its latest 2016Q4 regulatory filing with the SEC. 27,078 are owned by Cap Investment Advsr. Perkins Coie Trust Com holds 0.01% or 647 shares in its portfolio. Rhumbline Advisers invested 0% in Ares Capital Corporation (NASDAQ:ARCC).

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  • DUP enters into discussions with Conservative Party
DUP enters into discussions with Conservative Party

May said she could rely in parliament on the support of her "friends" in Northern Ireland's Democratic Unionist Party after her governing Conservatives failed to emerge as clear winners. The stunning election result comes after a campaign in which May lost popularity over her style and some of her social care policies, including a so-called...

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  • Synergy Pharmaceuticals Inc (SGYP) Shares Down 6.3% on Disappointing Earnings
Synergy Pharmaceuticals Inc (SGYP) Shares Down 6.3% on Disappointing Earnings

Float is the number of shares available for trading of a particular stock. Synergy Pharmaceuticals Inc is a biopharmaceutical company focused on the development and commercialization of gastrointestinal (GI) therapies. Tower Rech Cap Ltd Liability Co (Trc) holds 14,422 shares. Citadel Advsr Lc accumulated 0% or 587,925 shares. Driehaus Cap Mgmt L...

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  • President Trump calls United Kingdom election results 'surprising'
President Trump calls United Kingdom election results 'surprising'

British newspapers summed it up in a word: Mayhem. This was likely to involve an arrangement in which the DUP would support a Conservative minority government on key votes in parliament but not form a formal coalition. The recriminations were immediate and stinging. But speculation was rife as the results rolled in around whether the United...

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  • Merkel says ready for Brexit talks, assumes UK sticking to its plan
Merkel says ready for Brexit talks, assumes UK sticking to its plan

But EU budget commissioner Guenther Oettinger said May was now likely to be a "weak" partner, when what the EU wants is a leader strong enough at home to reach a deal . "Mrs May, who was supposed to emerge strengthened, lost her bet and is therefore in a less than clear situation because the truth is that we don't really know what the governin...

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  • Newcastle pips Sunderland in race to be first seat to declare result
Newcastle pips Sunderland in race to be first seat to declare result

Steve Kyte, representing the Conservatives, received 9,134 of the votes, whereas Steve Kyte of the Liberal Democrats came third with 9,134 of the votes. As well as the general election , however, today saw another important contest. In the first upset of the night, Newcastle-upon-Tyne Central beat Houghton and Sunderland South to be the first co...

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  • Crude prices fall as investors re-focus on United States supply glut
Crude prices fall as investors re-focus on United States supply glut

Global oil prices turned lower Thursday, after posting their sharpest fall since early March overnight on an unexpected build in USA crude inventories last week. Greg McKenna, chief market strategist at futures brokerage AxiTrader, said he believed there was "a real chance" OPEC solidarity surrounding production cuts might fracture.

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  • Final UK election results emerge, Tories fail with 318 seats
Final UK election results emerge, Tories fail with 318 seats

British voters just sent a strong signal that they are increasingly tired of xenophobic rhetoric and public policies based on the principle of economic austerity. Her goal was to gain a strong mandate during negotiations over Britain's exit from the European Union . Minority governments in Britain "have very bad track records - they always...

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  • Penntex Midstream Partners LP (PTXP) Downgraded by Zacks Investment Research
Penntex Midstream Partners LP (PTXP) Downgraded by Zacks Investment Research

Large investors have recently added to or reduced their stakes in the stock. Bnp Paribas Arbitrage has invested 0% in EQT Midstream Partners LP (NYSE: EQM ). The stock rose 1.36% or $0.22 reaching $16.44 per share. Advisory Rech has invested 0.99% in EQT Midstream Partners LP (NYSE:EQM). The ex-dividend date was Monday, May 1st.

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  • UK business lobby group says needs functioning government to protect economy
UK business lobby group says needs functioning government to protect economy

Salena Dawson, regional chair of the Federation of Small Businesses , said businesses needed "immediate reassurance" from the new government about "how it will protect the economy from any political turmoil". "This can only be achieved if the next government doesn't put the brakes on business, remains open to the world and sets out a pro-enterprise...

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  • Camtek Ltd. (CAMT) Reviewed By Analysts
Camtek Ltd. (CAMT) Reviewed By Analysts

CAMT has been the subject of a number of recent analyst reports. The latest reports which are outstanding on Saturday 10th of June state 0 analysts have a rating of "strong buy", 2 analysts "buy", 0 analysts "neutral", 0 analysts "sell" and 0 analysts "strong sell".

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  • Alibaba shares surge on strong Revenue Guidance
Alibaba shares surge on strong Revenue Guidance

China's largest e-commerce company forecast 45 to 49 percent revenue growth in the year ending March, sustaining a near-unbroken run of 40 percent-plus annual rises and underscoring how investments into businesses beyond its bread-and-butter of online shopping are paying off.

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  • Apple adds Amazon Prime Video to Apple TV,
Apple adds Amazon Prime Video to Apple TV, "Toy Story" to Watch

Between the iOS 11 announcements and new 10.5-inch iPad Pro unveiling, however, was a smaller announcement sure to generate a big reaction. Apple typically takes a 30% cut of transactions made within apps on its devices, and Amazon was thought to be resisting an Apple TV presence because it didn't want to pay up.

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  • How the United Kingdom election vote was swung
How the United Kingdom election vote was swung

Corbyn said May should "go and make way for a government that is truly representative of all the people of this country". A senior Conservative source said it was "inevitable" that there would be speculation about Mrs May's future following the result.

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  • UK Prime Minister Theresa May says she won't resign after election
UK Prime Minister Theresa May says she won't resign after election

Now that Britain is set to leave the European Union in two years' time, it has achieved its aim. "Though Corbyn has lost the election, he is in many senses the victor", Matthew Cole, lecturer in history at Birmingham University, told DW. SNP leader and First Minister Nicola Sturgeon said it had been a disappointing night for her party, which los...

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