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Finance

Barclays has reported a rise in third quarter profit and announced proposals to ring-fence its retail banking operations as part of efforts to shield households and firms in the event of another banking crisis. Aside from that the United Kingdom business has largely tracked sideways, while in the worldwide business there's been a big dip in revenues from trading activities in the investment bank.
  • Fuso concept kicks off Daimler's electric plans for all trucks, buses

    Fuso concept kicks off Daimler's electric plans for all trucks, buses

    Finance

    This move makes MFTBC the first OEM to launch a brand exclusively dedicated to electric buses and trucks, according to the company. It can be fitted with batteries of up to 300 kWh for its full 350-km range. There has been a lot of talk about Tesla's electric truck . With the launch of the electric brand E-FUSO, FUSO underlines its commitment to electrify its complete range of products.
  • NA Reached $5930000 position of Procter & Gamble Co. (PG)

    Finance

    Since January 1, 0001, it had 0 buys, and 3 insider sales for $71,567 activity. (NYSE:NI). Amalgamated Bancorp holds 0.03% in NiSource Inc. The stock traded within a range of $86.87 and $88.86. Sure, the percentage is encouraging but better times are ahead as looking out over a next 5-year period, analysts expect the company to see its earnings go up by 6.5%, annually.
  • U.S. oil price falls amid rising stockpiles

    Finance

    An EIA report Wednesday is forecast to show USA crude stockpiles fell by 3 MMbbl last week, according to the median estimate in a Bloomberg survey of analysts . Oil is holding gains above $50/bbl as speculation mounts that supply cuts by members of the Organization of Petroleum Exporting Countries and its allies including Russian Federation will be extended when they meet in Vienna on November 30.
  • The RBC Capital Markets Reiterates Buy Rating for Devon Energy Corporation (DVN)

    Finance

    About 943,399 shares traded. The original version of this news story can be accessed at https://weekherald.com/2017/10/25/433456-shares-in-devon-energy-corporation-dvn-purchased-by-koch-industries-inc.html. The stock of Southwest Bancorp, Inc. The rating was maintained by RBC Capital Markets with "Buy" on Thursday, July 20. On Thursday, October 5 the stock rating was maintained by Stifel Nicolaus with "Buy".
  • The Mitsubishi e-Evolution is not your old Evo

    The Mitsubishi e-Evolution is not your old Evo

    Finance

    Mitsubishi pulled the covers off of its e-Evolution concept auto at the Tokyo Motor Show this week, and many enthusiasts are disappointed that the "Evolution" name long affiliated with rally racing has wound up on such a controversial-looking crossover.
  • Could Tesla's world-first hybrid energy project modernise electricity grids?

    Could Tesla's world-first hybrid energy project modernise electricity grids?

    Finance

    Hospital del Niño, located in the capital, San Juan was opened in 1924 and is the premier children's hospital for the whole island. When asked whether Tesla could help restore power to Puerto Rico , Musk replied in the affirmative, saying the company had already undertaken electricity projects on smaller islands and that the technology could be scaled up.
  • Peering into Recent Action from Occidental Petroleum Corporation (NYSE:OXY)

    Finance

    Nelson Van Denburg & Campbell Wealth Management Group Llc sold 10,627 shares as Occidental Pete Corp Del Com ( OXY)'s stock declined 8.50%. Principal Financial Group Inc. 222,869 are held by Matrix Asset Inc Ny. Raymond James Na owns 16,284 shares or 0.03% of their United States portfolio. Alpha Windward Limited Liability Corporation owns 2,596 shares.
  • FCC Plans a Huge Vote on Landmark Media Ownership Rules

    FCC Plans a Huge Vote on Landmark Media Ownership Rules

    Finance

    That rule, known as the "eight voices test", was also aimed at ensuring a variety of perspectives on the air. The Federal Communications Commission's Republican majority voted Tuesday to repeal the commission's Main Studio Rule requiring radio and TV broadcasters to keep a home base in their community of license, over Democratic commissioners' objections that doing so will strip communities of local reporting.
  • Deutsche Bank to pay $220 mln in US Libor probe

    Finance

    Deutsche Bank AG has agreed to pay $220 million to settle USA regulatory charges that it defrauded government and nonprofit entities by manipulating Libor and other benchmark interest rates. The settlement followed an investigation led by the California and NY attorneys general, also involving authorities from 42 other states and the USA capital.
  • Has $12781000 Stake in Summit Midstream Partners, LP (SMLP)

    Finance

    Wendy's is a restaurant firm specializing in the hamburger sandwich segment. Rice Midstream Partners LP's ROA is 0%, while industry's average is 4.35%. 71 funds opened positions while 184 raised stakes. Todd Asset Mngmt Limited holds 1.3% or 716,841 shares in its portfolio. Shell Midstream Partners LP (SHLX) now has a 14-day Commodity Channel Index (CCI) of -109.82.
  • Michael Bloomberg Offers Trump Some Advice About Dealing With The Media

    Michael Bloomberg Offers Trump Some Advice About Dealing With The Media

    Finance

    The newspaper reported Bloomberg's comments Tuesday, but he made them about two weeks ago at the HUBweek conference in Boston and then repeated some of them Monday at an event in France. "Our new building aims to empower our employees so that we can better serve our customers, while complementing and adding new life to this historic neighborhood", Michael Bloomberg said as part of the company's statement .
  • Durable Goods Orders Rose 2.2% in September

    Durable Goods Orders Rose 2.2% in September

    Finance

    Excluding defense, new orders increased 2.0%. Shipments of manufactured durable goods in September, up four of the last five months, increased $2.4 billion or 1.0 percent to $240.5 billion. Orders for non-defence aircraft and parts meanwhile saw another strong month of gains, leaping by 31.5% on the month to $12.8bn. Orders totaled $238.7 billion in September, up from an adjusted $233.6 billion in August.
  • Author books flight to Greece; ends up being only passenger

    Author books flight to Greece; ends up being only passenger

    Finance

    The 57-year-old was told at check-in that two other people were booked to travel on the end-of-season flight with the budget airline, but the duo never showed up. "At one point there was this incredible lightning storm so the pilot had us all watching that which was just fantastic", she told the Daily Mirror .
  • Watchdog threat to RBS over treatment of small business customers

    Finance

    The UK bank disbanded the group in 2013 after complaints that the unit sought to profit by putting struggling companies out of business. "Commercial lending activity is largely unregulated in the United Kingdom but given the seriousness of the allegations against RBS it was appropriate for us to look at their treatment of SME [small and medium-sized enterprise] customers", FCA chief executive Andrew Bailey said in a statement.
  • Wife of Jeremy Meeks, #PrisonBae, talks heartbreaking affair

    Wife of Jeremy Meeks, #PrisonBae, talks heartbreaking affair

    Finance

    While the pair now have a strained relationship, they are doing their best to stay on good terms for the sake of their children, she added. Jeremy's relationship with the heiress has continued in recent weeks and earlier this month, Jeremy officially filed documents to end his marriage to wife Melissa.
  • Boeing beats on earnings, raises guidance (BA)

    Finance

    However, the institutional investors are observed to own 84.70% of the total shares. The latest quarter included $329 million in additional costs for the KC-46A Pegasus refueling tanker, having already taken about $1.5 billion in charges on the program.
  • New Home Sales Pace in September Hits 10-Year High

    New Home Sales Pace in September Hits 10-Year High

    Finance

    Sales of new homes last month reached their highest level since October 2007, suggesting that buyers, frustrated in their search for an existing home, are buying new ones instead, the Commerce Department said Tuesday. "The September sales numbers show that there is solid, growing demand for new home construction", said Granger MacDonald, chairman of the NAHB and a home builder and developer from Kerrville, Texas.
  • Grows Holdings in Kinross Gold Corporation (KGC)

    Finance

    As of September 29th, there was short interest totalling 9,518,904 shares, a drop of 42.4% from the September 15th total of 16,522,341 shares. BMO Capital Markets now has $3.75 price target on the mining company's stock, down from their previous price target of $6.50.