Finance

Finance EU fines Google $2.7 billion for abusing search monopoly
Author: 0 EU fines Google $2.7 billion for abusing search monopoly

The European Commission has told the internet search giant that it now has 90 days to stop the practice or face a penalty of up to 5% of the average daily turnover of the firm's parent company, Alphabet . " One major caveat to all this though is that Google is very likely to appeal, and any such appeal process may take us well into the 2020s ". The EU imposed a fine of $2.7 billion (2.4 million euros) on Google on Tuesday, June 27.

Finance United States' global image suffering under Donald Trump's presidency
Author: 0 United States' global image suffering under Donald Trump's presidency

It found that, across the 37 countries surveyed, a median of just 22 percent had confidence in Trump to do the right thing when it comes to global affairs. A median of just 22 percent of respondents said they have confidence in Trump's leadership, according to the report that gathered opinions from February to May 2017.

Finance Cuomo calls lawmakers back to Albany for special session
Author: 0 Cuomo calls lawmakers back to Albany for special session

Included in the bill is an amendment Faso, Collins and their colleagues are pushing that amounts to nothing more than a political Ponzi scheme, and New Yorkers aren't fooled. Meanwhile, Gov. Andrew Cuomo hasn't been shy about voicing his criticism of the Senate version of the health care bill. Cuomo said last week the bridge naming would memorialize his father's legacy as a three-term NY governor.

Finance Sprint jumps on wireless partnership talks with Charter, Comcast
Author: 0 Sprint jumps on wireless partnership talks with Charter, Comcast

Japanese carrier SoftBank , which owns nearly 75% of Sprint , has pumped cash into the company, and now the cable industry may be willing to do the same thing. Regulators are expected to be skeptical of a merger of two wireless carriers and more likely to approve a cable deal with a wireless operator. The analyst added that the move clearly was a negative for Verizon Communication , AT&T and T-Mobile.

Finance Toshiba Chip Unit Sale In Doubt
Author: 0 Toshiba Chip Unit Sale In Doubt

Western Digital , which jointly runs Toshiba's main semiconductor plant, has been feuding bitterly with its Japanese partner over the $18 billion sale and has sought a US court injunction to prevent any deal that does not have its consent.

Finance IMF cuts US growth outlook
Author: 0 IMF cuts US growth outlook

Given these significant policy uncertainties, the International Monetary Fund chose to remove the assumed fiscal stimulus from its forecasts for the USA economy earlier this year and base its new projections on unchanged policies. The IMF in January raised the estimates on the expectation of fiscal stimulus from the Trump administration, but have reverted back to the previous calculations - which project the economy will expand by 2.1 percent in 2017 and 2018, down from 2.3 percent and 2.5 ...

Finance CNN Accepts Resignations Of 3 Involved In Retracted Story
Author: 0 CNN Accepts Resignations Of 3 Involved In Retracted Story

CNN said Monday that three journalists, including the executive editor in charge of a new investigative unit, have resigned after the publication of a Russia-related article that was retracted. The episode is a damaging blow for a network that Mr Trump has frequently derided as "fake news", and for a story that never even made it onto any of CNN's television networks.

Finance How Does Brandywine Realty Trust (BDN) Stack Up Right Now?
Author: 0 How Does Brandywine Realty Trust (BDN) Stack Up Right Now?

Newfield Exploration Co. (NYSE:GPI) has risen 10.14% since June 13, 2016 and is uptrending. It has outperformed by 7.20% the S&P500. Ratings analysis reveals 31% of NetApp's analysts are positive. The company maintains price to book ratio of 2.31. Buckingham Research upgraded the shares of GPI in report on Wednesday, July 20 to "Buy" rating. WARNING: This report was reported by Stock Observer and is the sole property of of Stock Observer.

Finance Pandora's CEO has stepped down
Author: 0 Pandora's CEO has stepped down

According to Recode , sources familiar with the company's plans say Westergren will maintain his position until they find his replacement. Westergren, who helped start the company in 2000 and was also CEO from May 2002 through July 2004, is giving up his seat on Pandora's board of directors, as well.

Finance Trump Hotel Owner in Toronto Reaches Deal to Remove Trump Brand
Author: 0 Trump Hotel Owner in Toronto Reaches Deal to Remove Trump Brand

The tower was a tough sell under its Trump name: Talon struggled to sell the building after defaulting on its 2007 loan, and when JCF Capital acquired the loan on the property from lender Raiffeisen Bank International AG and launched a sale process for the building, it garnered no bids aside from its own.

Finance Uber driver sexually assaulted sleeping passenger
Author: 0 Uber driver sexually assaulted sleeping passenger

He has five felony convictions for possession of narcotics for sale in L.A., Ventura and Sacramento counties, police said in a news conference Monday. A 28-year-old Nollamara man has been charged with unlawful and indecent assault and deprivation of liberty. His auto is a 2015 silver Nissan Sentra with an Uber sticker.

Finance China accuses Indian border guards of crossing into its territory
Author: 0 China accuses Indian border guards of crossing into its territory

The incident took place in Doka La region, tri-junction of Sikkim, Bhutan, and Tibet when the Chinese troops transgressed the LAC. Soldiers from PLA later damaged two make-shift bunkers on the Indian side. In this context, the Indian military unilaterally provoke trouble, in violation of the agreement between the two sides and the leaders of the two countries consensus, seriously endangering peace and tranquillity in the border areas", it said.

Finance Jimmy Patronis appointment doesn't change Jeremy Ring's focus in CFO race
Author: 0 Jimmy Patronis appointment doesn't change Jeremy Ring's focus in CFO race

When asked if he would run for election for the elected CFO position when it's up next year, Patronis declined, instead saying there would be plenty of time to talk about that later. And then his service in the restaurant industry, dealing with the public and the people every day, he will be a great CFO for the state. "Right now, I'm just focused on doing the best job I can as CFO for the state", he said.

Finance Buffett's company buys 10 pct of real estate investment firm
Author: 0 Buffett's company buys 10 pct of real estate investment firm

Warren Buffett's Berkshire Hathaway eyed real estate investment trust Store Capital for three years before investing in the company. These were issued under a Regulation D filing, so they may not be resold back into USA markets without a registration or obtaining exemptions.

Author: 0 London Stock Exchange Group (LON:LSE) Broker Updates

Scott sold 8,000 shares of the firm's stock in a transaction on Thursday, May 11th. 17/01/2017 - Tate & Lyle had its "Buy" rating reiterated by analysts at Deutsche. On Wednesday, June 14 the insider Lantrip Mark sold $1.29 million. The company had a trading volume of 1,685,750 shares. They now have a GBP 833.00p price target on the stock.

Author: 0 Rice Midstream Partners LP (NYSE:RMP) Quant Update & Trader Valuation

Wall Street await Rice Midstream Partners LP (NYSE:RMP) to release earnings on August, 2. It has outperformed by 44.69% the S&P500. The stock of Rice Midstream Partners LP (NYSE:RMP) is a huge mover today! Out of the 10 covering sell-side analysts giving share ratings for Veeva Systems Inc.

Finance Majestic Wine PLC (MJW) Receives Average Rating of
Author: 0 Majestic Wine PLC (MJW) Receives Average Rating of "Hold" from Brokerages

White Pine Cap Llc has 131,125 shares. Parker Hannifin Corp now has $20.27B valuation. 0 shares were traded during the last session. It has outperformed by 18.90% the S&P500. The Company's segments include EMEA Services and Global Products. It has a 10.21 P/E ratio. 03/11/2016 - Morgan Sindall Group had its "Buy" rating reiterated by analysts at numis.