Trading Ideas
Why You Shouldn't Bet Against ConocoPhillips (COP) Stock
ConocoPhillips (COP) is seeing solid earnings estimate revision activity and is a great company from a Zacks Industry Rank perspective. …read more […]
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Business News
U.S. weekly jobless claims unexpectedly fall
WASHINGTON (Reuters) – New applications for U.S. unemployment benefits unexpectedly fell last week and the number of Americans on jobless rolls declined to a near 44-1/2-year low, pointing to a rapidly tightening labor market.
Business News
Allergan appoints former Abbott executive to its board
(Reuters) – Allergan Plc said on Thursday former Abbott Laboratories executive Thomas Freyman will join its board, a week after two of its shareholders criticized the drugmaker’s acquisition strategy and board composition.
Trading Ideas
What You Need to Know About Sprint's $15 Unlimited Deal
Is the offer too good to be true? …read more […]
Business News
Unilever signals likely FTSE exit as Brazil strike hits sales
LONDON (Reuters) – Unilever is “extremely unlikely” to stay in Britain’s FTSE 100 blue chip share index after the consumer products company moves its headquarters to the Netherlands.
Business News
Rolls-Royce cuts 4,600 jobs at ‘pivotal moment’ for business
LONDON (Reuters) – Rolls-Royce is to cut 4,600 jobs over two years in the latest attempt by boss Warren East to reduce costs and complexity and make Britain’s best known engineering company more profitable and dynamic.
Business News
Gloves back on, OPEC and U.S. shale producers to deepen ties in Vienna
HOUSTON (Reuters) – Only a few years ago, shale CEOs and the Organization of the Petroleum Exporting Countries were in open conflict.
Trading Ideas
How Pandora Media, Inc. Stock Rose 28.7% Last Month
Solid first-quarter results impressed analysts and investors alike. …read more […]
Trading Ideas
Groupon Sees Hammer Chart Pattern: Time to Buy?
Groupon Sees Hammer Chart Pattern: Time to Buy? …read more […]
Business News
German probe into alleged VW market manipulation could wrap up this year
BRAUNSCHWEIG, Germany (Reuters) – German prosecutors could wrap up an investigation into alleged market manipulation by senior Volkswagen executives this year, the prosecutors said on Thursday, after ordering the carmaker to pay 1 billion euros to settle claims of emissions cheating.
Business News
Oil steadies but threat of higher supply curbs gains
LONDON (Reuters) – Oil prices steadied on Thursday, but were likely to remain under pressure from evidence of rising U.S. output and uncertainty over the outlook for supply before a key meeting next week of the world’s largest exporters.
Business News
German prosecutor says may conclude further VW probe this year
BRAUNSCHWEIG, Germany (Reuters) – Prosecutors said a probe against senior Volkswagen executives for market manipulation could be concluded this year, after they ordered the carmaker to pay 1 billion euros ($1.2 billion) to settle claims for emissions cheating.
Business News
Euro goes up as ECB prepares to wind down
LONDON (Reuters) – The euro rose to its highest in a month but world stocks wilted on Thursday, as the European Central Bank prepared to pull the plug on its 2.55 trillion-euro, three-year stimulus program.
Business News
Engine makers on track with recovery plan for A320 engines, Airbus says
HAMBURG (Reuters) – Engine makers Pratt & Whitney and CFM are on track with a recovery plan after delays left Airbus having to park dozens of aircraft without engines, an executive at the European planemaker said on Thursday.
Business News
Rolls-Royce CEO cuts 4,600 jobs to boost profitability
LONDON (Reuters) – Rolls-Royce is to cut 4,600 jobs over two years in the latest attempt by boss Warren East to cut costs and make Britain’s best known engineering company more profitable and dynamic.