http://static4.uk.businessinsider.com/image/5a9d30177708e973824e73c8-800/insurer-axa-to-sell-18-billion-euros-of-tobacco-assets-2016-5.jpg

Finance

The transaction increases diversification of the business, enables higher cash remittance potential and reinforced growth prospects, rebalancing the profile towards insurance risks and away from financial risks, the company said. Axa will be paying the whole sum in cash, using €3.5bn of cash at hand, €6bn from the USA initial public offering (IPO) and €3bn of debt. Once the takeover goes through XL Group, Axa Corporate Solutions and Axa Art will be led by Greg Hendrick, now the president ...
  • EQT Midstream Partners (EQM) Given "Outperform" Rating at Wells Fargo & Co

    Finance

    The stock decreased 0.72% or $0.14 during the last trading session, reaching $19.42. About 636,469 shares traded or 4.96% up from the average. Oracle Corporation (NYSE:ORCL) has risen 14.08% since March 4, 2017 and is uptrending. Tywoniuk sold 2,925 shares of the stock in a transaction that occurred on Tuesday, December 19th. ALBERG TOM A had sold 2,285 shares worth $3.35 million.
  • Donald Trump Threatens To Tax EU Car Imports

    Donald Trump Threatens To Tax EU Car Imports

    Finance

    But a top European Union trade official said Trump still has a small chance to avoid a damaging global trade war and asked the USA leader to reconsider his aims before he signed them into effect next week. Last year, he called German auto imports, valued at $23 billion in 2017, terrible, and chided European carmakers for failing to open manufacturing plants on United States territory.
  • Michelle Wie wins LPGA's Women's World Championship in Singapore

    Michelle Wie wins LPGA's Women's World Championship in Singapore

    Finance

    Her five-under 67 also included five birdies and an eagle. "I still felt good on the last and hit it really close". "It was insane, I still don't know what's going on right now, my head's running at a million miles an hour", said Wie, who also held the the lead heading into the final round of this event a year ago.
  • England survive corner barrage to claim first Azlan Shah point

    England survive corner barrage to claim first Azlan Shah point

    Finance

    All five goals came through drag-flicks in the match. Young Shilanand Larka (14th minute) scored his first global goal in the dying minutes of the first quarter to give India the lead, which the men in blue maintained till the 53rd minute, when Mark Gleghorne converted a penalty stroke.
  • Trump threatens to tax European cars

    Trump threatens to tax European cars

    Finance

    Earlier on Friday, Donald Trump had increased the tariff up to 25 percent on the steel exports which had impacted the trade policies of the European Union and the South Korean manufacturers. Some economists warn that if consumers must pay more for cars or businesses more for heavy equipment, the resulting slowdown in spending could hamper the economy.
  • Son rises as Spurs cruise, Swansea boosts survival bid

    Son rises as Spurs cruise, Swansea boosts survival bid

    Finance

    New Zealand striker Wood came on as a second-half substitute to bag his first goal since November with just 10 minutes remaining at Turf Moor. "The manager has to choose 11 players; I try my best and try to be ready at all times", Son said.
  • Meghalaya Election 2018 updates: Congress leading on 7 seats

    Meghalaya Election 2018 updates: Congress leading on 7 seats

    Finance

    The BJP, which had won only one seat in the 2013 state Assembly polls, bagged 12 seats this year, while its ally, the newly-formed NDPP, won 17 seats in the 60-member House. If the Congress fails to retain Meghalaya, it will have a Government in only Mizoram in the North-East. "We hope that they will join us", Pala said. Another key aspect in BJP's rise in Nagaland is the party effectively presenting itself as the opposition, and the harbinger of change, despite being in government.
  • Storm Emma: Snow continues to cause chaos across Wales

    Storm Emma: Snow continues to cause chaos across Wales

    Finance

    Different airlines are resuming flights at different times listed on its website. Train and bus services across England, including the Eurostar from London to Paris, were canceled. In Scotland, North East England, North West England and Yorkshire and the Humber a warning for snow and ice has been issued. Met Office Chief Meteotrologist, Paul Gundersen, said; "It will remain very cold in many places Friday but temperatures will slowly increase from the south, generally up to around 4 or 5C ...
  • Rice Midstream Partners LP (NYSE:RMP) Stock Valuation in Focus

    Finance

    Alpine Investment Management Llc sold 45,924 shares as the company's stock rose 4.75% with the market. Fmc Corp now has $10.57 billion valuation . The stock increased 0.86% or $0.1 during the last trading session, reaching $11.7. Fluor Corporation had 58 analyst reports since July 31, 2015 according to SRatingsIntel. The rating was upgraded by Stephens to "Overweight" on Monday, January 8.
  • Amazon.com (AMZN) Raised to "Strong-Buy" at BidaskClub

    Finance

    Sentry Select Capital Corp who had been investing in Transcanada Corp for a number of months, seems to be bullish on the $38.46B market cap company. The stock decreased 0.36% or $0.4 during the last trading session, reaching $111.64. (NASDAQ:AMZN). Strs Ohio invested in 1.5% or 362,439 shares. Amazon.com, Inc offers a range of products and services through its Websites. Rhumbline Advisers has 5,630 shares for 0% of their portfolio.
  • MICHAEL REAGAN: Gun control starts at home

    MICHAEL REAGAN: Gun control starts at home

    Finance

    Large magazines for bullet cartridges also play a significant role in mass shootings. That despite the dangers presented by firearms, the guarantee of our freedom was more important than safety. But it's US businesses - not members of Congress - that have so far answered their calls for action. President Donald Trump recently said that teachers that are armed should receive "a bonus".
  • IShares 10-20 Year Treasury Bond (TLH) Declines 0.54% for Mar 3

    IShares 10-20 Year Treasury Bond (TLH) Declines 0.54% for Mar 3

    Finance

    CIBC World Markets Inc. bought a new position in shares of iShares Europe ETF during the 4th quarter valued at $224,000. The firm owned 49,943 shares of the company's stock after purchasing an additional 13,227 shares during the period. Oppenheimer & Co. Inc. now owns 17,013 shares of the exchange traded fund's stock worth $2,158,000 after purchasing an additional 3,278 shares during the last quarter.
  • Pierre-Emerick Aubameyang: Arsenal 'resigned' after Manchester City defeat

    Pierre-Emerick Aubameyang: Arsenal 'resigned' after Manchester City defeat

    Finance

    For Arsenal to get back into the Champions League spot, they will first have to see off a well-coached AC Milan side in the Europa League last sixteen, a side who have yet to lose a match this calendar year. City will be hoping to beat United's April 14 record, which they will definitely equal if they win their next five games in the Premier League . The 82 year old was the man to appoint Wenger to the club in 1996, and stood down in 2013.
  • British Gov't To Present Brexit Plan For Financial Services

    Finance

    Barnier said he would engage in a new round of negotiations next week and would also meet leaders of Northern Ireland early in the week. In a much-anticipated speech which the European Union hopes will offer details of her plan for Britain's future after Brexit, May will try to defuse a dispute over the border with Ireland that threatens to stall the Brexit talks.
  • Fast Growing Stock in Focus: Barrick Gold Corporation (NYSE:ABX)

    Finance

    Barrick Gold has a 12 month low of $11.07 and a 12 month high of $20.36. The stock decreased 0.65% or $1.01 during the last trading session, reaching $154.29. On Thursday, October 19 the stock rating was maintained by Robert W. Baird with "Outperform". Investors sentiment increased to 1.46 in Q3 2017. Since December 13, 2017, it had 1 buying transaction, and 0 sales for $120,064 activity.
  • CBI says gold bribes given in $2 billion PNB fraud case

    Finance

    Following this, a Look Out Circular (LoC), also known as a blue corner notice, was issued against Modi and Choksi to keep a tab on their entry at all land, air and sea ports in India. Simultaneously, the Central Bureau of Investigation (CBI) had sent a communication to Nirav Modi, asking him to return to India for the ongoing probe, but the latter spurned the agency by repling in the negative on the ground that he was tied up in his businesses overseas.
  • How Many CNX Midstream Partners LP (NYSE:CNNX)'s Analysts Are Bearish?

    Finance

    It has outperformed by 7.97% the S&P500. Mai Wealth Advisors decreased its stake in Magellan Midstream Ptnrs Lp (MMP) by 4.39% based on its latest 2017Q3 regulatory filing with the SEC. Narwhal Cap Mgmt invested 0.53% of its portfolio in Magellan Midstream Partners, L.P. (NYSE:MMP). Sumitomo Mitsui holds 162,000 shares or 0.02% of its portfolio.
  • Why Arsenal fans are angry - Cech

    Finance

    For now thoughI want to focus on last nights game and what I saw from our 90 minutes in London focusing, of course, on a City perspective. Bad weather contributed to the poor attendance in north London, but there is now no disguising the dissatisfaction felt by many Arsenal supporters at the club's current lack of progress on the pitch.
  • Hard Facts About Foot Locker, Inc. (NYSE:FL)

    Hard Facts About Foot Locker, Inc. (NYSE:FL)

    Finance

    In trading on Friday, shares of Foot Locker, Inc . Commonwealth Bank of Australia boosted its holdings in Foot Locker by 356.2% in the 3rd quarter. In the options pits, traders were leaning towards the bears' camp ahead of the company's earnings release, with data from the International Securities Exchange (ISE), Chicago Board Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX) showing JCP with a 10-day put/call volume ratio of 0.99, ranking in the 85th percentile of its annual range.