Finance

Finance Food Prices Surge As Nigeria's Inflation Rate Drops To 17.24 in April
Author: 0 Food Prices Surge As Nigeria's Inflation Rate Drops To 17.24 in April

Inflation rose to a higher than expected 2.7% last month as the squeeze on household budgets intensified. NBS stated: "The rise in the index was caused by increases in prices of bread, cereals, meat, fish, potatoes, yams and other tubers, coffee, tea and cocoa, milk cheese and eggs and oils and fats".

Finance Hot Stocks To Watch: American Eagle Outfitters, Inc. (AEO), Nordstrom, Inc. (JWN)
Author: 0 Hot Stocks To Watch: American Eagle Outfitters, Inc. (AEO), Nordstrom, Inc. (JWN)

The highest price AEO stock touched in the last 12 month was $19.08 and the lowest price it hit in the same period was $12.90. This is assuming the current $0.17 EPS is accurate. The firm also recently disclosed a quarterly dividend, which was paid on Friday, April 21st. Stockholders of record on Friday, April 7th were issued a $0.125 dividend.

Finance United Kingdom unemployment at lowest rate in 42 years
Author: 0 United Kingdom unemployment at lowest rate in 42 years

Ben Brettell, senior economist at Hargreaves Lansdown, said: "With inflation forecast to carry on rising - Bank of England policymakers predict inflation will peak at a little below 3% in the fourth quarter - household budgets look certain to be squeezed further in the coming months".

Finance China's Xi appeals to foreign leaders for freer trade
Author: 0 China's Xi appeals to foreign leaders for freer trade

A spokesman said, "We have been urging China to engage in a meaningful dialogue". Beijing asked New Delhi to explain what it meant by "meaningful dialogue" on the Belt and Road project. CPEC is not about the conflict with various sides and will not affect China's position on the Kashmir issue. "This is exactly the sort of courage and real action the world needs right now", he said.

Finance DHS Considers Carry-On Laptop Ban On Flights From Europe
Author: 0 DHS Considers Carry-On Laptop Ban On Flights From Europe

Department of Homeland Security. A broader ban would significantly affect USA and European carriers, which are concerned about the logistical challenges of checking large numbers of devices. The US Department of Homeland Security organised a teleconference to take place Friday afternoon with "key European partners" - France, Britain, Germany, Spain and Italy.

Author: 0 Greece general strike to disrupt services across country

Members of the PAME communist labor union alongside others representing small- and medium-sized businesses (SMEs) are against the new reforms demanded by Greece's worldwide creditors. Greece is now in its third global bailout, which is due to end in mid-2018. Without the new measures, Greece would face the prospect of not getting the rescue money it needs to avoid potential bankruptcy this summer when it faces a big debt-repayment spike.

Finance Mexico's Coca-Cola Femsa ditches plans to buy U.S. operations
Author: 0 Mexico's Coca-Cola Femsa ditches plans to buy U.S. operations

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Shares of The Coca-Cola (NYSE:KO) opened at 43.85 on Thursday. On average, analysts expect that The Coca-Cola Co will post $1.88 earnings per share for the current year. The company is scheduled to announce its next quarterly financial results on 26/07/2017 after the market close.

Finance Oil prices bounce higher as ministers promise crude cuts until 2018
Author: 0 Oil prices bounce higher as ministers promise crude cuts until 2018

Extending the curbs at already agreed-upon volumes is needed to reach the goal of reducing global inventories to the five-year average, the energy ministers of the world's biggest oil producers said in a joint press conference in Beijing. The International Energy Agency's (IEA) overall outlook for the non-OPEC countries, eleven of which are voluntarily cutting production to support OPEC, shows growth in 2017 of almost 600,000 barrels per day, an increase on the 490,000 barrels per day seen in ...

Author: 0 USA would talk to N Korea if missile, nuclear tests stop: Haley

South Korean Defence Minister Han Min-koo told parliament Sunday's test-launch was "successful in flight". Though it only travelled 489 miles, it reached an altitude of 1,312 miles - the highest of its seven missile tests this year. North Korea's foreign ministry rejected the statement, saying it infringed on its right to self-defense, particularly as the missile was sacked at a sharp angle to ensure the safety of neighboring countries.

Finance Nasdaq closes at record high amid earnings, data
Author: 0 Nasdaq closes at record high amid earnings, data

At the opening bell, American benchmark West Texas Intermediate went up 3.1 percent to reach $49.40 a barrel; global benchmark Brent crude was trading at $52.35 per barrel - a 2.9 percent gain. UNFASHIONABLE: The TJX Cos. fell 4.4 percent after the apparel and home fashions retailer's quarterly results fell short of Wall Street's forecasts.

Author: 0 Cowen Maintained AK Steel Holding Corporation (NYSE:AKS) As 'Market Perform'

Finally, Bank of America Corp upgraded shares of United States Steel from a "neutral" rating to a "buy" rating and set a $40.00 target price on the stock in a report on Wednesday, February 1st. In other United States Steel news, Director David Sutherland acquired 10,000 shares of the business's stock in a transaction on Friday, May 12th. ILLEGAL ACTIVITY NOTICE: This piece of content was first reported by Markets Daily and is owned by of Markets Daily.

Finance McConnell says GOP could use 'less drama'
Author: 0 McConnell says GOP could use 'less drama'

Prior to his appointment to the federal bench, Garland served as a prosecutor at the Department of Justice, ascending to the highest echelons of the department while supervising high-profile, politically sensitive cases. "The Senate Intelligence Committee should be briefed on this important issue immediately". Mark Warner told reporters. Nearly every member will be subject to questions - and then more questions - about whether and why they do or don't support an independent prosecutor to ...

Finance Trump to visit Jewish, Christian holy sites in Jerusalem
Author: 0 Trump to visit Jewish, Christian holy sites in Jerusalem

Friedman arrived in Israel on Monday - visiting the Western Wall was clearly a top priority - and presented his credentials to Israeli President Reuven Rivlin the following day. Embassy to be moved there by May 31, 1999. In less than a week, Trump will visit Israel for the first time and part of his 24-hour trip here will include a short stop at the Jewish holy site.

Finance School budget votes 2017
Author: 0 School budget votes 2017

The projected property tax rate is $49.24 per $1,000 assessed value, which is a 0 percent increase in the tax rate. This year's proposed spending plan boosts the district's overall budget by $8.7 million - or 4.26 percent - while cutting the tax levy by $1.1 million - or 2.04 percent.

Finance Dakota Access pipeline leaked 84 gallons of oil in April
Author: 0 Dakota Access pipeline leaked 84 gallons of oil in April

Even before it is fully operational, and after months of demonstrations by Indigenous and environmental groups that warned of the same, the Dakota Access Pipeline has already suffered its first leak. The April 4 spill was disclosed on the agency's website, but it gained little attention until The Associated Press reported on it on Wednesday.

Finance U.S. beef to China imminent
Author: 0 U.S. beef to China imminent

The opening of the mainland China market to US beef and financial services may seem like a painful concession at first glance, but China may in fact have gotten the better part of the deal. The market is estimated to be worth a total of $2.6 billion, and many see it as crucial to solving the present commodity crises for the beef industry, including members of the MonDak's congressional delegates.

Finance Japan govt says Toshiba and Western Digital need to get along
Author: 0 Japan govt says Toshiba and Western Digital need to get along

The Japanese electronics giant's results have failed to win auditors' approval from the previous quarter, after questions were raised over the acquisition of US nuclear construction company CB&I Stone and Webster. The joint venture may find itself at risk if Toshiba's chipmaking operation is snapped up by a Western Digital competitor. Western Digital Corp.is taking legal action to try to guarantee a say in who gets to buy the chip unit of Toshiba Corp., its partner in a manufacturing ...

Finance Austrian conservatives pick Foreign Minister Kurz as leader
Author: 0 Austrian conservatives pick Foreign Minister Kurz as leader

Austria's unhappy "grand coalition" between Kern's centre-left Social Democrats (SPOe) and the centre-right People's Party (OeVP) was meant to govern until September 2018. Even if he does, it appears that such a deal would simply create a placeholder cabinet that would usher in new elections. "We could save ourselves these in-between phases if there were not an automatic reflex to say "no" to each of my proposals for purely emotional reasons", he told newspaper Die Presse this month.