• Theresa May's UK election gamble backfires as Tories lose majority
Theresa May's UK election gamble backfires as Tories lose majority

Grim-faced, May said her Conservatives and the Democratic Unionist Party would together form a new government "that can provide certainty and lead Britain forward at this critical time". In a buoyant mood, Corbyn piled on pressure for May to resign , saying Friday morning that people have had enough of austerity politics and cuts in public...

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  • Travis Kalanick resigns as Uber CEO
Travis Kalanick resigns as Uber CEO

Reps for Uber did not immediately respond to a request for comment on updates to this plan. After long discussions with some of the investors Kalanick chose to step down as CEO. Kalanick's departure has been preceded by those of many other senior figures in the company. There have been scant few weeks where the rapacious ride-hailing company hasn't...

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  • Berkeley group holdings share price up as profits soar
Berkeley group holdings share price up as profits soar

Livingston Grp Inc Asset (Operating As Southport Management) invested in 0.93% or 34,159 shares. Drexel Morgan has invested 0.39% in Costain Group PLC (LON:COST). The rating was maintained by HSBC on Wednesday, January 20 with "Buy". HSBC maintained the stock with "Buy" rating in Friday, March 3 report. 23/11/2016 - Intertek Group had its "Equal-...

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  • Uber founder Travis Kalanick resigns after months of turmoil
Uber founder Travis Kalanick resigns after months of turmoil

Mr. Kalanick's exit came under pressure after hours of drama involving Uber's investors, according to two people with knowledge of the situation, who asked to remain anonymous because the details were confidential. It comes just week after he announced he was taking leave from his responsibilities, following the tragic death of his mother...

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  • Uber Chief Executive, Travis Kalanick resigns
Uber Chief Executive, Travis Kalanick resigns

Under pressure from investors, Kalanick resigned late on Tuesday. Kalanick said he "loves Uber more than anything in the world " and described this as a "difficult moment in [his] personal life". They sent Kalanick a letter in which they expressed their doubt about his ability to implement changes at Uber , following an investigation in...

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  • Hornby receives takeover offer
Hornby receives takeover offer

The investment manager said it agreed to buy 17.6 million shares of Hornby from New Pistoia Income Ltd (NPIL), which in April had called for a meeting to remove the company's Chairman Roger Canham amid falling sales and multiple profit warnings.

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  • Weatherford International plc (NYSE:WFT) Buckles Under The Trend Lines
Weatherford International plc (NYSE:WFT) Buckles Under The Trend Lines

Shares of Weatherford International plc (NYSE: WFT ) have been moving lower in early trading. Weatherford Intl Plc now has $4.02 billion valuation. The stock declined 4.88% or $0.2 reaching $3.9 per share. (NASDAQ:VSAT) has "Outperform" rating given on Tuesday, January 31 by Wells Fargo. The company posted an earnings surprise of -3.2%. The compa...

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  • Euro dips after report claims European Central Bank to cut inflation outlook
Euro dips after report claims European Central Bank to cut inflation outlook

And they drive down longer-term interest rates, making it cheaper for governments and businesses to borrow and spend. The figure for 2018, in particular, is a big cut, and suggests it will be years before the European Central Bank achieves its target of 2% inflation .

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  • Uber CEO Travis Kalanick Resigned to his Job
Uber CEO Travis Kalanick Resigned to his Job

When Uber announced Kalanick's sabbatical last week, the company said he needed time to grieve the recent death of his mother . On Tuesday, Travis Kalanick has resigned as Chief Executive Officer, in the NY Times reported. But its reputation has suffered over the harassment reports, and the company has also faced challenges to its labor and ...

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  • Verizon Communications Inc. (VZ) Shares Bought by Country Club Trust Company na
Verizon Communications Inc. (VZ) Shares Bought by Country Club Trust Company na

Verizon Communications (NYSE:VZ) last announced its earnings results on Thursday, April 20th. It has underperformed by 25.18% the S&P500. Nuveen New York Select Tax-Free Income Portfolio is a diversified closed-end management investment company.

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  • Shore Capital Reaffirms Buy Rating for J Sainsbury plc (SBRY)
Shore Capital Reaffirms Buy Rating for J Sainsbury plc (SBRY)

The firm has "Buy" rating by Jefferies given on Thursday, July 14. Wedbush has "Outperform" rating and $27 target. The stock of GlaxoSmithKline plc (ADR) (NYSE:GSK) has "Buy" rating given on Friday, May 26 by Berenberg. The rating was maintained by Jefferies on Thursday, March 10 with "Buy". The stock of Shopify Inc (US) (NYSE:SHOP) is a huge mov...

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  • Uber Founder Resigns Under Pressure As CEO, Published Report Says
Uber Founder Resigns Under Pressure As CEO, Published Report Says

The move comes on the heels of what the New York Times described as a shareholder revolt, with major investors in the company reportedly delivering a letter to Kalanick this morning insisting he resigns. Additionally, a seasoned CEO may be necessary in order to carry Uber through a possible IPO. Kalanick and other executives were also criticize...

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  • Ship Finance International Limited (SFL) Upgraded at BidaskClub
Ship Finance International Limited (SFL) Upgraded at BidaskClub

While the stock price moved along with the volume change, shares are touching $12.52. NY raised its stake in Ship Finance International Limited by 2.8% in the fourth quarter. The business had revenue of $96.88 million during the quarter, compared to analyst estimates of $102.70 million. Ship Finance International Ltd had 5 analyst reports since O...

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  • House GOP reviving effort to privatize air traffic control
House GOP reviving effort to privatize air traffic control

Shuster said the bill has stronger support than previous efforts, pointing to changes to the board of directors that would govern the non-profit corporation in charge of air traffic control. Also believed to remain intact are the $4.10 per-segment passenger fee and global overflight fees, among other taxes. The House Ways and Means Committee, whi...

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  • Saudi King Salman names son Mohammed bin Salman as crown prince
Saudi King Salman names son Mohammed bin Salman as crown prince

Michael Hanna, senior fellow at Washington-based think-tank The Century Foundation, wrote on Twitter that Mohammed bin Nayef's removal also represented "the loss of a long-standing, trusted United States (counter-terrorism) partner". The surprise announcement follows two and a half years of already major changes in Saudi Arabia, which stunned all...

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  • How major U.S. stock market indexes fared on Tuesday
How major U.S. stock market indexes fared on Tuesday

Oil prices pared brief gains to trade lower, hovering near seven-month lows, putting pressure on the market . "Clearly, to this point the Goldilocks scenario and earnings have pushed stock prices higher but oil has perhaps tempered some sentiment near-term", said Terry Sandven, chief equity strategist at U.S.

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  • Traders Secrets on Anthem, Inc. (ANTM), Comerica Incorporated (CMA)
Traders Secrets on Anthem, Inc. (ANTM), Comerica Incorporated (CMA)

Other hedge funds also recently bought and sold shares of the company. The weekly performance is 2.59% for Anthem , Inc., while the monthly performance measure stands at 8.84%. The business also recently declared a quarterly dividend, which will be paid on Friday, June 23rd. Shareholders of record on Friday, June 9th will be given a $0.65 di...

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  • Comprehensive Stock Analysis Of Kohl's Corp. (KSS)
Comprehensive Stock Analysis Of Kohl's Corp. (KSS)

Clarivest Asset Management Llc increased its stake in Tillys Inc (TLYS) by 42.21% based on its latest 2016Q4 regulatory filing with the SEC. Cedar Wealth Management LLC now owns 3,624 shares of the company's stock valued at $159,000 after buying an additional 195 shares during the period.

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  • Oil Prices Fall After IEA Says Global Stockpiles Up
Oil Prices Fall After IEA Says Global Stockpiles Up

Inventories were 292 million barrels higher than the average over the past five years, said the agency, which advises governments on energy trends. The price falls came on the back of an ongoing supply glut that has pulled down crude prices by more than 10 per cent since late May despite a move led by the Petroleum Exporting Countries (Opec) to c...

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  • Daniel Berger overcomes three-shot deficit, wins St. Jude Classic
Daniel Berger overcomes three-shot deficit, wins St. Jude Classic

It was a further stroke back to two-time US Open champion Retief Goosen of South Africa and Chez Reavie . Scott, meanwhile, was closer to the cut line than the lead for much of the day, but he stormed home with an eagle and two birdies in the final five holes to jump to equal 11th.

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