Stories about Finance

Feb 24 2017

'Unfair': Hundreds of thousands out of pocket as penalty rates cut

The decision will see the reduction of Sunday penalty rates in the retail industry from 200 per cent to 150 per cent for permanent staff and 175 per cent for casua...

Feb 23 2017

Jay Z: From Marcy to VC

Fortunately, this gives us a decent comparison point for the obvious question: Could this fancy-sounding venture capital fund actually have legs? As if being a music, s...

Feb 23 2017

France's FN raided over European Parliament expenses scandal

Her bodyguard was also questioned. Florian Philippot, the deputy leader of France, fuelled speculation the row was a publicity stunt when he tweeted: "In Lebanon, Marin...

Feb 23 2017

United Kingdom growth revised upwards after manufacturing boost

Britain's economy sped up at the end of 2016, data showed, but over the whole year it was weaker than previously thought and there were signs that the Brexit vote will in...

Feb 23 2017

Popeye's Louisiana Kitchen (PLKI) Jumped To A New High After Merger

The Stock Market opened sessions at 78.71 and closed at 78.73. (NASDAQ:PLKI)'s stock to Hold with no specific Price Target. According to Yahoo Finance, the price target...

Feb 23 2017

Tesla Inc (TSLA) Shares Rise After Sales Beat Estimates

That said , Tesla made a point of designing the Model 3 to be easier to build, something the Model X crossover didn't have going for it. Musk has expressed regret that...

Feb 19 2017

Wegmans stores sold out of Trump wines: Did boycott threats backfire?

The Gates-based grocer said its 10 Virginia stores had mostly sold out of many varieties of the Trump-banded wine despite an effort to boycott the product and Wegmans f...

Feb 18 2017

Patriots' Michael Floyd Gets Jail Time for DUI

Scottsdale police body camera footage showed Floyd passed out behind the wheel at the intersection of Camelback Road and Goldwater. Floyd's BAC at the time of his arrest ...

Feb 17 2017

Cisco Systems, Inc. (CSCO) Cut to "Sell" at Vetr Inc

Sell-side analyst recommendations point to a short term price target of $32.74 on the company shares. Company price to earnings (P/E) ratio, which measures the relation...

Feb 16 2017

PPI shows biggest gain in wholesale inflation since 2012

The Institute for Supply Management's prices index, which is closely correlated to the PPI, surged in January to its highest level since May 2011, largely reflecting in...

Feb 15 2017

What Analysts Are Saying About Teva Pharmaceutical After Earnings

Finally, Oppenheimer Holdings, Inc. reissued an outperform rating on shares of Teva Pharmaceutical Industries Limited in a research report on Wednesday, February 1st. T...

Feb 12 2017

The Goldman Sachs Group, Inc. (NYSE:GS) Earns 13 Analysts Hold Rating

The firm has a market cap of $98.61 billion, a price-to-earnings ratio of 14.60 and a beta of 1.50. Also, insider Sarah G. Smith sold 2,664 shares of the firm's stock in ...

Feb 10 2017

Trump tweets John McCain insult, saying Vietnam POW "emboldens the enemy"

President Donald Trump has defended a US raid on a Yemeni village that resulted in the death of at least 23 civilians and a US Navy Seal. White House press secretary ...

Feb 09 2017

Solar Power Industry Continues to Grow Jobs-51000 in 2016

Solar energy companies employed 260,077 workers in 2016, an increase of more than 51,000 jobs. Florida added 1,700 solar-industry jobs in 2016, a 26 percent increase...

Feb 05 2017

PM tours Malta capital while meeting Brexit key players

The controversy blew up at the European Union summit in Malta after the Prime Minister said she would "change the basis of Britain's economic model" if she failed to get ...

Feb 05 2017

FireEye, Inc. (NASDAQ:FEYE) earnings reaction history in focus

The rating firm issued a Buy rating to this company in a research note released on Jan 13, 2017. The average stock price target is $22.41 with 6 brokerages rating the sto...

Feb 05 2017

Statewide Super Bowl DUI blitz to begin Friday

During the bowl campaign past year, state police handed out over 4,686 tickets and arrested 92 people for impaired driving. The campaign will be promoted on various messa...

Feb 04 2017

Trump confirms sweeping review of Dodd-Frank Act

Even with his optimism that firms will continue to improve their business practices from the point of view of transparency and eliminating conflicts of interest, he admit...

Feb 03 2017

Testy Trump Call Report Puts Australia's Leader on Defensive

As reported by The Washington Post , senior United States officials briefed on the conversation said Mr Trump hung up after 25 minutes and said " This was the worst ca...

Feb 02 2017

Peter Thiel Offered 'Time and Resources' for New Zealand Citizenship

Following public pressure, New Zealand's government on Wednesday released 145 pages of documents revealing details of the deal. "Someone who doesn't live here, has no i...