(Reuters) – Shares in the biggest U.S. banks rose on Friday after the Federal Reserve completed its annual stress test giving financial institutions the go-ahead for plans to return capital to investors through dividends and buybacks.
OTTAWA (Reuters) – Canada struck back at U.S. steel and aluminum tariffs on Friday, vowing to impose punitive measures on C$16.6 billion ($12.63 billion) of American goods and unveiling a C$2 billion aid package for affected industries and workers.
The needle-moving project increases the probability that the Canadian energy infrastructure giant can achieve its dividend growth plan. …read more […]
U.S. federal energy regulators have told Energy Transfer Partners LP to finish restoring the land around parts of its Rover natural gas pipeline in Ohio and Michigan before allowing the company to put more segments in service. FERC said it authorized ETP to put Rover’s Vector delivery meter station in Michigan, Defiance compressor station in Ohio and Market Segment between Ohio and Michigan into service on May 1 even though the company had not completed restoration of the grounds around those facilities. …read more […]
(Reuters) – Nike Inc’s shares jumped 12 percent to their all-time high on Friday after the world’s largest shoe maker saw a major sales rebound in its North America business and forecast strong growth for 2019.
DUBLIN (Reuters) – While German politics may dominate the headlines again in the coming week, the less attention grabbing release of industrial data could offer a better indication of the headwinds facing the European Union and its largest economy.
Mark Truby, Ford’s vice president of communications, responded to Tesla CEO Elon Musk on Thursday after Musk compared a Ford factory to a morgue. …read more […]
(Reuters) – U.S. stocks further extended gains on Friday, as Nike shares hit an all-time high after the world’s largest shoe maker posted a strong earnings report and as banking stocks surged on clearing the Federal Reserve’s stress test.
NEW YORK (Reuters) – Wells Fargo & Co has been hit with a lawsuit by a Texas jewelry company accusing it of encouraging thousands of retailers nationwide to charge hidden fees to customers using financing programs created by the bank.
Oil prices increased Friday as U.S. sanctions against Iran threatened to remove a substantial volume of crude oil from world markets at a time of rising global demand. U.S. crude rose 69 cents a barrel to $74.14 by 10:49 a.m. EDT [1449 GMT], and earlier touched $74.37, the highest since Nov. 26, 2014. There’s a risk that supplies from Iran could be cut further as there’s pressure on other countries to join the United States in sanctions, he said. …read more […]
With only two days left in June, it is unclear whether Tesla production will meet Elon Musk’s goal of producing 5,000 Model 3 cars a week. Yahoo Finance’s Seana Smith and Rick Newman discuss. …read more […]
I’m not sure if you’re aware, but the launch of Apple Maps went poorly. After …read more […]
(Reuters) – Activist investor Oasis Management stepped up its campaign against Premier Foods’ management on Friday, questioning the board’s culture after its chairman Keith Hamill called some of its British brands “weak cards”.
AT&T’s newly announced Watch TV, a low-cost live TV streaming service …read more […]
(Reuters) – U.S. stocks jumped on Friday, boosted by a surge in Nike on its strong earnings report and as banking stocks soared after clearing the Federal Reserve’s stress test.
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
