• Commonwealth Bank Quarterly Profit Rises
Commonwealth Bank Quarterly Profit Rises

While the result was in line with analyst expectations, CBA shares still tumbled 2.7 per cent to $82.99 at 10:30am (AEST) in a session where all the big banks came under heavy selling pressure. CBA also raised rates on new investor loans by up to 0.5 percentage points last month , in a further effort to appease APRA and slow down lending.

Read more

  • House Panel OKs Bill Repealing DOL's Fiduciary Rule
House Panel OKs Bill Repealing DOL's Fiduciary Rule

They also argued it would reduce consumer protections. President Donald Trump has identified easing rules on banks as a key component of his economic agenda and effort to spur lending and grow the economy. The committee also rebuffed Democratic attempts to protect the Consumer Financial Protection Bureau, the five-year-old agency which enforces c...

Read more

  • Small plane crashes near Lake Berryessa
Small plane crashes near Lake Berryessa

The crash happened shortly after 9:00 a.m.in the area of Little Portuguese Cove at the eastern end of Lake Berryessa, between Pleasure Cove Marina and Markley Cove Resort, said Capt. The crash occurred in a remote location that can not be accessed by land, Sheriff's Captain Steve Blower told the Sacramento Bee. Efforts to recover the aircraft were ...

Read more

  • United Airlines reaches settlement with passenger dragged from plane
United Airlines reaches settlement with passenger dragged from plane

Dao have reached an amicable resolution of the unfortunate incident that occurred aboard flight 3411", the airline said in a statement . He noted that United took "full responsibility" for what unfolded on Flight 3411 "without attempt to blame others".

Read more

  • No Fed rate hike; but officials see more ahead
No Fed rate hike; but officials see more ahead

Announcement from the Institute for Supply Management that its non-manufacturing purchasing managers index rose to 57.5 in April from having previously recorded an index rise of 55.2 in March beating expectations from economists of an index rise by 55.8 also sent the United States dollar to rally on Wednesday.

Read more

  • We Tried Fireworks Oreos With Popping Candy Inside
We Tried Fireworks Oreos With Popping Candy Inside

Turns out, the rumblings online were accurate. Much like Pop Rocks, you'll feel a little buzz on your tongue as you eat the cookie. The contest comes as Oreo, which has become known in recent years for coming out with freakish limited-edition flavors like Watermelon and Swedish Fish, launches its latest flavor: the Firework.

Read more

  • BP plc's (BP)
BP plc's (BP) "Buy" Rating Reiterated at Canaccord Genuity

Therefore 0 are positive. The rating was downgraded by National Bank Canada on Thursday, November 5 to "Sector Perform". Stifel Nicolaus has "Buy" rating and $29 target. Novae Group Plc has a 52 week low of GBX 562.10 and a 52 week high of GBX 858.00. The stock now has a consensus rating of "Hold" and an average target price of GBX 778.71 ($10.05).

Read more

  • Theresa May will be the next Prime Minister, Tony Blair predicts
Theresa May will be the next Prime Minister, Tony Blair predicts

There has been a great deal of speculation that broadcasters might choose to hold a debate without the Prime Minister attending - this would probably make that less likely. If, like millions of voters, you enjoyed the head-to-head election debates in 2015, I'm afraid the prospect of a repeat schedule became a little more tricky today.

Read more

  • Athens politicians react to House passage of health care bill
Athens politicians react to House passage of health care bill

The AARP has argued the American Health Care Act as proposed would do harm and increase costs for older Americans, especially for 50-64 year olds who purchase health care coverage on the individual insurance market. White House budget director Mick Mulvaney on Sunday defended President Trump's call for a "good shutdown" of government, saying it's h...

Read more

  • Tim Cook: Apple creating $1B fund to bring manufacturing jobs to US
Tim Cook: Apple creating $1B fund to bring manufacturing jobs to US

While Cook did not address Trump by name during his interview on CNBC , he did address his perspective on engaging with government. I'm proud to tell you that we're creating an advanced manufacturing fund. APPLE'S chief executive officer (CEO) Tim Cook has said the United States tech giant will strengthen its presence in India's "under-penetrated...

Read more

  • Fires at Tyson Foods Chicken Plants Stunt Quarterly Sales
Fires at Tyson Foods Chicken Plants Stunt Quarterly Sales

Tyson exited the quarter with a cash and cash equivalent of $243 million, long-term debt of $5.9 billion and shareholders' equity of $9.8 billion. Therefore, the stated figure displays a quarterly performance of -2.80% and year to date performance of 3.05%.

Read more

  • A QuickSketch profile of BC Liberal Leader Christy Clark
A QuickSketch profile of BC Liberal Leader Christy Clark

But with an estimated nine per cent of voters still undecided and many pollsters saying the election is too close to call, it might just come down to who does the best job of getting supporters to the polls. The Liberals say they're hopeful crisscrossing the province will pay. Doc Currie held a homemade protest sign as he followed Clark, yelling ...

Read more

  • Intercontinental chief Richard Solomons retires after 25 years
Intercontinental chief Richard Solomons retires after 25 years

InterContinental Hotels Group PLC has a dividend payout ratio of 53.4% meaning its dividend is sufficiently covered by earnings. Room rates were up 0.8% and occupancy was up 1.2% year-on-year. Stock has got OUTPERFORM rating from 2 analysts of Thomson Reuters, 14 analysts given HOLD rating to the stock and 1 given UNDERPERFORM rating. They prese...

Read more

  • Interior releases list of national monuments to be reviewed
Interior releases list of national monuments to be reviewed

Bonelli Regional Park in San Dimas on October 10, 2014. On Friday afternoon, the U.S. Department of Interior formally identified those national monuments to be "initially reviewed". Stevens expressed concern that if the monument status were rescinded by the Trump administration, revered artifacts may be destroyed and numerous traditions practic...

Read more

  • Ducks make record rally, Perry scores in 2OT to top Oilers
Ducks make record rally, Perry scores in 2OT to top Oilers

While the Anaheim Ducks celebrated an unprecedented comeback Friday night, the Edmonton Oilers cried foul over a crucial non-call that allowed the Ducks to tie the game in the final seconds of regulation. "But I can't really express how important this game is for us just to get there". "How did he get to the ice surface and how did he get tangl...

Read more

  • Analysts Set Ascena Retail Group Inc (ASNA) Price Target at $5.83
Analysts Set Ascena Retail Group Inc (ASNA) Price Target at $5.83

Goldman Sachs Group Inc holds 901,937 shares or 0% of its portfolio. In terms of Ascena Retail Group, Inc. Its last month's stock price volatility remained 5.52% which for the week approaches 3.15%. giving the company a " rating. Oppenheimer downgraded the stock to "Market Perform" rating in Tuesday, September 20 report. FBR Capital maintained ...

Read more

  • Always Dreaming wins Kentucky Derby
Always Dreaming wins Kentucky Derby

He won by 2¾ lengths over Lookin At Lee, who could never really make a charge at him. Horse race fans took to Twitter to celebrate the win. Everything you need to know about horse racing's biggest achievement, and why we still care so much about one of the rarest feats in sports.

Read more

  • Gulp: First-quarter GDP sinks to lowest in three years
Gulp: First-quarter GDP sinks to lowest in three years

The slowdown in the first quarter growth was mainly due to consumers. Though only slightly below the 0.8 per cent increase in the same quarter of previous year, the pace fell well below analyst expectations for 1.1 per cent. The decline in growth is due to the smallest increase in consumer spending since the end of 2009, which broadly mirrors f...

Read more

  • GOP health victory may be fleeting as wary Senate awaits
GOP health victory may be fleeting as wary Senate awaits

And that was in a chamber Republicans control 238-193. Unfazed by protesters shouting "Shame on you!", Trump and Republicans celebrated after the bill passed the 216-vote threshold, with just one vote to spare - something that had seemed nearly impossible for the administration just days ago.

Read more

  • Amid Escalating Tensions, North Korea Accuses CIA of Assassination Plot
Amid Escalating Tensions, North Korea Accuses CIA of Assassination Plot

Friday's KCNA article is not the first time North Korea has freaked out over the comments of a US politician in recent months. The report claimed that US officials bribed the North Korean citizen, who it called "human scum", with $750,000 in payments to assassinate Kim using biochemical substances.

Read more

  • John Daly holds on for 1st PGA Tour Champions win
John Daly holds on for 1st PGA Tour Champions win

Wearing red, white and blue trousers, the man nicknamed The Wild Thing finished at 14-under-par 202 at The Woodlands outside Houston, edging fellow Americans Kenny Perry and Tommy Armour III by a stroke. As it turns out, Daly only needed three putts to get the win after playing partner Kenny Perry couldn't make a birdie of his own. Moments later, f...

Read more

  • Analyst's Price Targets in Focus: Delcath Systems, Inc. (DCTH)
Analyst's Price Targets in Focus: Delcath Systems, Inc. (DCTH)

Following U.S. election volatility some analysts have updated their recommended target prices on shares of Delcath Systems, Inc. The counter witnessed a trading volume of 5.83 million shares versus an average volume of 10.65 million shares during last trading session.

Read more

  • NZ dollar falls after Fed statement
NZ dollar falls after Fed statement

Asian traders shifted cautiously on Wednesday as they await the Federal Reserve's policy meeting later in the day and the release of key USA jobs data at the end of the week. Still, a change in the Fed's statement regarding its reinvestment policy would be somewhat unexpected on Wednesday, because the March minutes indicated that "the committee wou...

Read more

  • Dollar dips against euro as French politics offset U.S
Dollar dips against euro as French politics offset U.S

After fluctuating earlier in the week, the Euro to US Dollar exchange rate gained nearly a cent on Thursday as markets reacted to a strong TV debate performance from pro-EU French Presidential candidate Emmanuel Macron. With no economic news out of the United Kingdom today, Sterling will be driven largely by political factors. The currency declined...

Read more

  • First Horizon acquires Capital Bank in $2.2B deal
First Horizon acquires Capital Bank in $2.2B deal

Upon closing of the transaction, the shareholders of Capital Bank shareholders, all put together will own almost 29% of the common shares of First Horizon besides receiving about $411m in cash. The bank reported $0.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.45 by $0.03. The company also recently announced a ...

Read more

  • Co-favorite Always Dreaming wins Kentucky Derby
Co-favorite Always Dreaming wins Kentucky Derby

Velazquez is the 26th jockey to win the Derby twice, while Pletcher is the 19th trainer to do so. Calvin Borel was aboard that day. His confidence was rewarded with a spectacular performance by Always Dreaming under Velazquez. He annually has 100-plus horses in training and operates his stable like a megacorporation, running horses daily on tracks ...

Read more

  • Corporate Tax Reform: Expect the Unexpected
Corporate Tax Reform: Expect the Unexpected

The CRS analyzed the individual income tax changes in terms of vertical equity (i.e., distribution across income classes) and horizontal equity (i.e., the treatment of taxpayers with similar abilities to pay). The less creditworthy you are, the higher your interest rate. Most other countries have a territorial system that exempts foreign income...

Read more

  • Indian troops in Kashmir wound at least 4
Indian troops in Kashmir wound at least 4

The boy, Ashfaq Ali Chauhan, was identified as the son of a retired Baluch Regiment soldier Hussain Malik. "Whenever the army surrounds militants in an area, messages are sent on social media platforms and residents from nearby places gather there, slowing down operations", Bakshi said.

Read more

  • United vows to do better after passenger dragged from plane
United vows to do better after passenger dragged from plane

The Pennsylvania Republican emphasized that while he's "not in favor of re-regulation" of the industry, Congress "won't hesitate to act" if airlines don't improve customer service. "We are not aware of other industries in America where the business is given this kind of free license to oversell the product, with so little accountability for failing...

Read more

  • Berkshire Hathaway shareholder events continue Sunday
Berkshire Hathaway shareholder events continue Sunday

Health care costs in other countries are now 10 percent or 11 percent of GDP, even though the ratios were on par with the US decades ago, he said. Its shares have risen by 38% over the past year, well ahead of the 28% gain in the Nasdaq in that span, helping Bezos to leapfrog Buffett in personal net worth.

Read more

  • Le Pen steps down as leader
Le Pen steps down as leader

The two candidates differ starkly on how to protect France, with Le Pen calling for the country to take back control of its borders from the European Union and deport all foreigners on a terror watchlist. She added, "He is for total open borders". But most voters appeared to have taken the threat in their stride. He sold off national companies. M...

Read more

  • Analyst Activity - Cowen and Company Reiterates Outperform on Yum! Brands (NYSE:YUM)
Analyst Activity - Cowen and Company Reiterates Outperform on Yum! Brands (NYSE:YUM)

Brands, Inc. (NYSE:YUM). Out of rating recommendations 4 have given the stock a Buy while 6 recommend the stock as Outperform. Zacks Investment Research lowered shares of Yum! Brands posted earnings per share of $0.75 in the same quarter last year, which would indicate a negative year over year growth rate of 18.7%.

Read more

  • Baahubali 2: The Conclusion Grosses 860 Crores At The Worldwide Box Office
Baahubali 2: The Conclusion Grosses 860 Crores At The Worldwide Box Office

India does not report box-office figures, but according to local media accounts, Baahubali 2 collected 3.85 billion rupees ($59.8 million) at the country's box office, which is the biggest opening of all time. As expected the film is breaking all the existing records and rewriting some exciting ones. Japan has a strong fan base for Indian f...

Read more

  • 5-star forward Kevin Knox commits to Kentucky
5-star forward Kevin Knox commits to Kentucky

The hard part is over now. Knox ended the post writing, " See you soon, Big Blue Nation". A consensus five-star recruit, Knox was ranked No. 9 nationally by ESPN thanks to his advanced athleticism and potential to become a mismatch at either forward position.

Read more

  • Bill O'Reilly returns with new podcast Monday
Bill O'Reilly returns with new podcast Monday

Among total viewers, Fox News averaged 2.8 million from 8-11 p.m. ET while MSNBC averaged 1.8 million and CNN failed to crack the one-million viewer mark. The controversy also caused more than 70 brands to drop their ads from the prime time show and move them to other Fox programming. "I am sad that I'm not on television anymore", O'Reilly ...

Read more