Business

Stock Market Extends Gains As Fed Hikes Interest Rates

Canada's main stock index rose on Thursday, with the materials group leading broadbased gains as base and precious metal prices gained further ground following the Federal Reserve interest rate decision the day before. "This meeting has the potential to be more heated so to speak, with some very militant senior members of the new Trump administration in attendance and looking to shake the global trade tree", he said.

'Will challenge Calcutta High Court order in Supreme Court'

Delivering the order in a packed courtroom, a Division Bench of acting Chief Justice Nishita Mhatre and Justice T. Chakraborty asked the CBI to take within 24 hours the custody of devices used during the sting operation and reports of the Central Forensic Science Laboratory lying in court custody.

Colorado adds 7900 jobs; unemployment rate lowest in 16 years

The Hawaiʻi State Department of Labor & Industrial Relations announced that the seasonally adjusted unemployment rate for January was 2.8%, compared to 2.9% in December. The largest over the month private sector job decline was in construction. The numbers are not adjusted for seasonal variations. It is clear how people in different areas of the country have different feelings about jobs and the economy, despite undoubted overall improvement.

Rex Tillerson Allegedly Used 'Wayne Tracker' Pseudonym While CEO of ExxonMobil

In a letter to a NY state judge overseeing the investigation, the attorney general said the company had not previously disclosed the account, which was also used to discuss other issues. In addition to climate change, the alias account was also used to discuss other "important matters" that weren't specified in the letter. The email alias was Wayne.Tracker@ExxonMobil.com.

Elliott's Evergreen financed part of Vista's DH Corp deal

Vista said on Monday it would buy DH for C$4.8bn and combine it with Misys, which abandoned plans to list on the London stock market in October 2016, blaming shaky market conditions. DH shares rose to a high of $43.10 in July 2015. It is set to close in the third quarter. A report last week in The Financial Times said that Misys was exploring a potential IPO in NY.

Starbucks gets artsy with spring bevy cups

And seriously these cups are simply perfection. There's a blank space in the middle of the cups for hand-drawn designs such as umbrella's, suns, happy faces or whatever the barista-turned-artist decides. What that said, those who look forward to red cup season will definitely appreciate the colors. Starbucks first released seasonal cups more than 20 years ago with its first holiday cup.

Ivanka Trump Brand Sales: Did Kellyanne Conway's Endorsement Drive Sales Boom?

Lyst , a British e-commerce website that sells thousands of different brands, said sales of Ivanka Trump products increased 346 percent between January and February, while sales of the brand are up 557 percent over a year ago. Whether the trend will continue in the future is uncertain, but Klem said they could see an eight percent increase in sales in March. "To see such an extreme spike in one month is completely unheard of and came as a huge surprise to us", the USA spokesperson for ...

Finisar Corp. (NASDAQ:FNSR)

Over the last six months, Finisar Corporation's stock has been 47.57% and 146.29% for the year. Finisar Co. (NASDAQ:FNSR) saw a large increase in short interest in February. By reviewing stock prices from the stock market history of the company and examining its analysts ratings can give an investment picture with updated information of stock which helps investors to make investing decision.

What Wall Street is saying about Advanced Micro Devices, Inc. (NASDAQ:AMD)

Inc. acquired a new position in shares of Advanced Micro Devices during the third quarter valued at $2,764,000. The total inflow of $133.24 million in upticks was completely overshadowed by an outflow of $136.78 million in downticks, giving the up/down ratio a value of 0.97.

Dicks Sporting Goods Inc (NYSE:DKS): Analyst's Estimations

Also, the company remains prone to macroeconomic hurdles and stiff competition Nonetheless, DICK'S Sporting's focus on store expansion and undertaking investments in omni-channel business, bode well. 12/09/2016 - Dick's Sporting Goods Inc had its " rating reiterated by analysts at UBS. Looking ahead, Dick's sees Q1 EP of $0.50 to $0.55 and full-year EPS of $3.65 to $3.75.

Protectionism threatens global growth, OECD warns

The U.K., which is set to start the process of exiting the European Union late March, had its growth projection for this year raised by four percentage points to 1.6 percent. Coherent and committed policy action is needed to simultaneously raise growth rates and improve inclusiveness'. Many indexes, particularly in the US, have rallied over the winter to hit record highs.

A 2013 Tax Refund Could Be Yours

Island taxpayers who expect tax refunds have been motivated in recent years to file early, knowing they no longer have to wait years to get their tax refunds. The IRS estimates almost 30,000 people in North Carolina could be eligible for refunds. But if it's just that 2013 return you neglected to file and you are due a refund, you should have no problems collecting your money in full.

Eurozone inflation above European Central Bank's target

Core inflation - which strips out volatile fresh food and energy costs - was up 1.3 percent, an increase from January's 1.2 percent. However, that acceleration was mostly down to a 9.2% rise in energy and a 5.2% rise in food prices over the year.

Home Price Gains Accelerate, for Now

The Standard&Poor's CoreLogic Case-Shiller national home price index increased by 0.9% month-on-month in December, pushing the year-on-year rate of price gains from 5.6% in November to 5.8% for December. A number of markets that have seen prices grow modestly since the recession are starting to see much faster rates of increase than they had in the recent past.

Trump will drop Iraq from travel ban in new executive order

He noted that they were relieved when the order was suspended. A White House official who has seen the latest version of the order told Politico on Tuesday that the new order is also believed to temporarily halt all refugee admissions, but no longer single out Syrian refugees for an indefinite ban.

Sizzling sales numbers from Domino's Pizza

Trust Co. of Vermont raised its position in Domino's Pizza by 354.7% in the third quarter. The business had revenue of $566.70 million for the quarter, compared to the consensus estimate of $339.32 million. This represents a $1.52 dividend on an annualized basis and a dividend yield of 0.93%. In other news, Director Vernon O. Hamilton sold 4,000 shares of the stock in a transaction on Friday, October 21st.

Despite demonetisation, India's GDP growth stays 7 per cent

Contributions to GDP growth. In a separate report, the International Monetary Fund said continued progress in reforms bodes well for a marked improvement in medium-term prospects, with the adoption of the Goods and Services Tax, which is expected to be rolled out from July, "poised to raise India's medium-term GDP growth to above 8%".

Earnings Analysis of: Exxon Mobil Corporation (NYSE:XOM)

Retirement Design & Management Inc. Kalos Management Inc. boosted its stake in shares of Exxon Mobil Corporation by 6.5% in the second quarter. Concannon Wealth Management LLC raised its stake in Exxon Mobil Corporation by 0.5% in the second quarter.

Dow's Ninth Straight Record Close Marks Best Streak In 30 Years

Eastern time. The Standard & Poor's 500 index lost 2 points, or 0.1 percent, to 2,363. Popeyes Louisiana Kitchen jumped 19 percent to $78.80 after Restaurant Brands agreed to acquire the quick-service restaurant chain for $1.8 billion. Investors are eager to know if the Fed might speed up the pace of its interest rate increases. Nvidia shares tumbled 8.5% after a round of bearish analyst comments prompted investors to take profits from the highflying chip maker, which has more than tripled ...

Le Pen in Lebanon controversy over headscarf refusal

A spokesman said the meeting was not unprecedented and added that Tony Blair had met Nicolas Sarkozy at Number 10 when he was running for the presidency in 2007. Le Pen is consistently tipped in opinion polls to win the April 23 first round of the two-round race but she is also tipped to lose the two-way runoff ballot on May 7 - to either Fillon or another independent candidate, the centrist Emmanuel Macron.