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Articles on this Page
- 11/15/17--06:03: _Big Day at Dubai Ai...
- 11/17/17--05:45: _Tesla’s Musk Launch...
- 11/20/17--09:57: _TransCanada Gets Ne...
- 11/27/17--04:15: _Meredith Scoops Tim...
- 11/29/17--09:51: _Outgoing Fed Chair ...
- 12/01/17--08:00: _CFTC Warns of Volat...
- 12/05/17--06:40: _Goldman Sachs Lifts...
- 12/07/17--05:59: _General Electric’s ...
- 12/08/17--09:05: _US Payrolls Surpass...
- 12/11/17--09:26: _Tax Reform Plan Cou...
- 12/13/17--09:20: _Target Buys Startup...
- 12/15/17--09:58: _Unilever Sells Spre...
- 12/18/17--08:40: _Markets Jump to Int...
- 12/21/17--08:12: _US Stocks Open High...
- 01/02/18--08:50: _US Manufacturing Gr...
- 01/05/18--09:31: _Goldman Sachs Sees ...
- 01/09/18--10:11: _EIA Projects US Ave...
- 01/10/18--07:58: _Cryptocurrencies Fa...
- 01/12/18--09:38: _General Motors File...
- 01/16/18--07:32: _GE to Book $6.2 Bn ...
- 12/01/17--08:00: CFTC Warns of Volatility as Markets Plan Bitcoin Futures Trading
- 12/15/17--09:58: Unilever Sells Spreads Brands to KKR in 6.83 Billion-Euro Deal
- 12/18/17--08:40: Markets Jump to Intraday Record on US Tax Bill Hopes, Merger Moves
9:03 AM, Nov 15, 2017 — It’s been a big day for Boeing (BA) and Airbus, both of which announced large orders at the Dubai Airshow on Wednesday. Boeing said it sold 225 of its 737 MAX airplanes with a list value of $27 billion to Flydubai, the largest single-aisle jet order by number and […]
8:45 AM, Nov 17, 2017 — Tesla (TSLA) unveiled two versions of its electric semi transport truck late Thursday and by Friday morning, orders were coming in even with the slated start of production over a year away. Tesla Chief Executive Officer Elon Musk drove a silver semi into the launch event in California, and […]
12:57 PM, Nov 20, 2017 — TransCanada’s (TRP) Keystone XL pipeline received approval from regulators in Nebraska, but the okay was given to an alternate route rather than the course preferred by the Canadian energy company. The Nebraska Public Service Commission said it approved the alternative mainline route, one of three paths proposed by TransCanada […]
7:15 AM, Nov 27, 2017 — Shares in magazine publisher Time (TIME) were sharply higher on Monday morning after media and marketing company Meredith (MDP) said it had agreed to acquire the publisher of titles such as Horse & Hound, Country Life and Sports Illustrated for $2.8 billion in an all-cash transaction. The deal, which […]
12:51 PM, Nov 29, 2017 — More interest-rate increases will be needed to support gains made in the labor market and to stabilize inflation around the 2% target that has been elusive this year, Federal Reserve Chair Janet Yellen said. In testimony before the congressional Joint Economic Committee in Washington, DC, Wednesday, Yellen said the […]
11:00 AM, Dec 1, 2017 — The Commodity Futures Trading Commission warned about uncertainties around Bitcoin as the CBOE Futures Exchange and Chicago Mercantile Exchange self-certified new contracts for futures products of the virtual currency on Friday. “Market participants should take note that the relatively nascent underlying cash markets and exchanges for Bitcoin remain largely […]
9:40 AM, Dec 5, 2017 — Goldman Sachs raised its outlook for oil prices in 2018 on expectations of tighter crude inventories next year after Russia and Saudi Arabia signalled stronger-than-expected commitment to cuts at last week’s meeting of key oil producing nations. The investment bank sees Brent and West Texas Intermediate 2018 spot forecasts […]
8:59 AM, Dec 7, 2017 — General Electric’s (GE) GE Power unit is cutting 12,000 jobs from its global workforce as part of the industrial conglomerate’s bid to reduce costs after it slashed its dividend last month. The workforce reductions will enable Schenectady, New York-based GE Power to hit its target of $1 billion in […]
12:05 PM, Dec 8, 2017 — US job creation surpassed economists’ expectations last month buoyed by rising employment in the business services, manufacturing and health care sectors, marking the continuation of a trend in rising employment which bodes well for the possibility of an interest rate hike later this month. Nonfarm payrolls rose by 228,000 […]
12:26 PM, Dec 11, 2017 — The Senate Committee’s Finance Tax Reform Plan could increase tax revenues by approximately $1.8 trillion over a period of ten years, according to a projection released by the US Treasury on Monday which factors in a higher-than-previously projected economic growth rate. The Treasury’s Office of Tax Policy (OTP) said […]
12:20 PM, Dec 13, 2017 — Target (TGT) is buying delivery startup Shipt in a $550 million deal that will see the retailer expand its same-day shipping capacity as consumers increasingly turn to online shopping and home delivery. The cash purchase will see Minneapolis-based Target join its network of stores with Shipt’s technology platform and […]
12:58 PM, Dec 15, 2017 — Unilever (UN) is selling its group of spreads including Becel margarine and I Can’t Believe It’s Not Butter to KKR (KKR) for 6.83 billion euros ($8 billion) as part of the plan by the global consumer goods giant to reshape its portfolio of brands. KKR, a New York-based acquisitions […]
11:40 AM, Dec 18, 2017 — Stocks in the US surged on Monday, with the Dow Jones Industrial Average posting a triple-digit gain amid hopes that the tax reform bill being debated by lawmakers will be put to a vote and pass this week. The Dow, Standard & Poor’s 500 and the Nasdaq Composite all […]
11:12 AM, Dec 21, 2017 — US equity benchmarks were trading higher on the penultimate day of the week, the morning after the Republican tax bill secured approval and as oil prices gained traction after government data showed a decline in US stockpiles. Fresh data meanwhile showed that economic growth for the third quarter was […]
11:50 AM, Jan 2, 2018 — Manufacturing growth in the US was at the strongest pace last month since March 2015, with output and new orders on the upswing, bringing a gain in factory hiring and optimism for the new year. The seasonally adjusted IHS Markit final Manufacturing Purchasing Managers’ Index rose to 55.1 in […]
12:31 PM, Jan 5, 2018 — Goldman Sachs (GS) has issued a buy rating on Bristol-Myers Squibb (BMY), saying that it sees upside for the pharmaceutical stock this year which will be affected by the strength of data from the company’s so-called Checkmate-227 (CM-227) trial. The brokerage firm said that it continues to see approximately […]
1:11 PM, Jan 9, 2018 — The Energy Information Administration is projecting US crude output in 2018 that would be the highest level on record, with the agency seeing production averaging 10.3 million barrels a day. The level would be up from an average estimate of 9.3 million barrels a day in 2017, and would […]
10:58 AM, Jan 10, 2018 — Digital currencies like Bitcoin are facing “significant hurdles” to widespread usage including excessive volatility and regulations from governments, although they could have appeal in areas with instability in local money systems, according to Goldman Sachs. “The fact that cryptocurrencies function without central banks may make them valuable as inflation […]
12:38 PM, Jan 12, 2018 — General Motors (GM) has filed a safety petition with the US Department of Transportation for a self-driving car that eliminates the driver, steering wheel, pedals and manual controls, the automaker said on Friday. The petition is asking the department for permission to “safely deploy” the self-driving Cruise AV, its […]
10:32 AM, Jan 16, 2018 — General Electric (GE) is expecting to book a $6.2 billion charge in the fourth quarter as a result of a review and reserve testing for GE Capital’s run-off insurance portfolio, North American Life & Health (NALH). The Boston-headquartered manufacturing conglomerate said on Tuesday that the review and reserve testing […]