Money

McMahon to Senate: SBA Should Remain Standalone Agency

McMahon told the committee she learned about failure when she and her husband declared bankruptcy after an investment went bad. Sen. Tammy Duckworth (D-Ill.) said she and McMahon had spoken privately about similar issues and praised her for a "willingness to address" concerns about "potential monopolistic practices at the WWE".

Existing US home fell in December as supplies at 17-year low

At the current sales pace, there were 3.6 months' worth of available homes in December. "The dip in housing sales is more a sign of the lack of homes to be bought than the desire to buy homes", said Joel Naroff, chief economist at Naroff Economic Advisors in Holland, Pennsylvania.

Falih: Output cuts to lower oil inventories

Worldwide oil prices rose to an 18-month high of more than $US58 a barrel after the Organisation of Petroleum Exporting Countries and several non-members agreed o end two years of unfettered production and cut output. About 100,000 barrels per day were already cut on average, he said. Saudi Arabia, Kuwait, Qatar, Algeria, and Venezuela along with non-OPEC nations Russian Federation and Oman are meeting in the Austrian capital to set out ways of verifying that the 24 nations that signed the ...

Procter & Gamble earnings preview

Analysts rating the company a 1 or 2 indicate a Buy recommendation. The Relative Volume of the company is 1.52 and Average Volume (3 months) is 9.23 million. 12/21/2016 - Procter & Gamble Company (The) was downgraded to "hold" by analysts at Stifel Nicolaus. The stock has 52-week high of $90.33 and 52-week low of $74.46.

YES Bank net up 30.6% at Rs 882 crore in Oct-Dec

At Rs 342.4 crore, net NPAs were six percent higher than the September quarter. Meanwhile, the company's net profit for the quarter came at Rs 78.58 crore as against the net profit of Rs 80.07 crore QoQ and net profit of Rs 62.37 crore YoY.

Pearson shares plunge after profit warning

Looking ahead, for 2017, Pearson forecast to post adjusted earnings a share of 48.5 pence to 55.5 pence on operating profit of GBP570 million to GBP630 million. Bertelsmann isn't obligated to buy Pearson's stake in Penguin Random House . As a result the publisher plans to accelerate its digital transition in higher education, to manage print decline, and to reshape its portfolio.

All eyes on Luxottica, Essilor merger

A source close to the deal said no arrangements had been made at this stage for when Del Vecchio will retire. "Nevertheless, two main question marks remain at this stage: EssilorLuxottica might face antitrust barriers, and management appointments in newcos are quite complicated".

Steady Stock: General Motors Company (NYSE:GM)

Fiera Capital Corp now owns 65,600 shares of the auto manufacturer's stock valued at $1,849,000 after buying an additional 700 shares during the last quarter. If you are reading this news story on another domain, it was stolen and republished in violation of USA and global copyright law. The correct version of this report can be read at https://www.com-unik.info/2017/01/11/general-motors-company-gm-issues-fy17-earnings-guidance.html.

Serving poor is like serving God: Modi

Mentioning about the hardships of the people during demonetisation, Javdekar said, "Despite facing hardships, having had to stand in queues, people have overwhelmingly supported demonetisation". this one decision changed the way the world looks at India". "This step of the Central Government has reaffirmed the belief that patriotism isn't just a political talk but it is the political will to takes strong and decisive steps to favour the last man", it said in an economic resolution.

Canada leads USA 2-0

A long standing rivalry stood once again between the United States and Russian Federation. The game needed a shootout after a 20-minute overtime decided nothing. McAvoy put the Americans on the scoreboard with a shot low to the glove side against Carter Hart . In the initial five rounds, Terry and teammate Jeremy Bracco scored, and USA goalie Tyler Parsons made three saves.

Commuter Train Derails in NYC; Dozens Injured

The reason why the train did not stop before the bumper is, as yet, unknown. Some passengers cried and screamed, the channel said. Video from the scene showed several people being taken away on stretchers. and was supposed to arrive at Atlantic Terminal at 8:11 a.m. "Accidents seem to happen in an instant but they take some time to unravel", Southworth said.

Officially Split from Xerox, Conduent Begins New Era

The company has Beta Value of 1.15 and ATR value of 0.17. The company's previous year sales total was 4.65 Billion. The company has a 50-day moving average of $9.27 and a 200 day moving average of $9.62. Now shares have been rated as "Buy" from 10 Analysts. Vanguard Group Inc. now owns 91,855,728 shares of the company's stock valued at $871,711,000 after buying an additional 4,290,807 shares during the last quarter.

Protesters hang banner from rafters at US Bank Stadium

Vikings game on Sunday at US Bank Stadium in Minneapolis , Minnesota. Here is an email which details the protesters' views. Naturally, one is wearing a Brett Favre Vikings jersey. We'll update you if there are any developments. This is the second time in 14 months that protesters have using rappelling equipment to make a statement at an National Football League game.

Dylann Roof plans no witnesses or evidence in penalty phase

Roof , who is representing himself for the final phase of his federal hate crimes trial, said in court Wednesday that he will offer opening and closing arguments but no defense. Roof carried out his brutal, racially motivated attack on the historic Emanuel African Methodist Episcopal Church, commonly referred to as "Mother Emanuel", in June 2015.

Drugstore fallout after monster Fred's-Rite Aid deal

Memphis-based Fred's Inc . will be the nation's third-largest drugstore chain with an agreement announced Tuesday to buy 865 Rite Aid stores, a transaction created to pave the way for Walgreens' bid to buy Rite Aid . "This will be a transformative event for Fred's Pharmacy that will accelerate our health care growth strategy through our acquisition of 865 new stores located in highly attractive markets", said Chief Executive Michael Bloom.

City of Corpus Christi lifting water ban in select areas

The privately held Flowood, Mississippi-based conglomerate's Corpus Christi subsidiary makes paving and pavement preservation products. Also, this zone should not use the tap water for drinking or cooking /food preparation; only bottled water should be used.

Platinum Partners' hedge fund bigs face charges in $1B fraud case

Capers, United States Attorney for the Eastern District of NY, said at a news conference. Earlier this year, Platinum Partners co-founder Murray Huberfeld was arrested on charges of conspiracy and wire fraud. Brooklyn businessman Jona Rechnitz was previously accused of referring Seabrook to Platinum Partners to invest $20 million of the union's money. In July, Platinum told investors it had hired an independent monitor to oversee the liquidation of its two principle hedge funds.

Yahoo suffers world's biggest hack affecting 1 billion users

Stolen data included users' names, email addresses, telephone numbers, dates of birth, and encrypted passwords. Yahoo's chief security officer Bob Lord said in a blog post that some of the intrusions were done by hackers who accessed accounts without a password by using "forged cookies", or data files which verify a device or user.

Indonesia c.bank holds key policy rate in wake of Fed hike

All 23 analysts in a Reuters poll had expected BI, ending a policy meeting shortly after the Federal Reserve hiked USA rates, to hold its benchmark. Jakarta's main stock index .JKSE touched its lowest in almost two weeks with financial and consumer stocks accounting for most losses. BI said it would maintain the rupiah exchange rate to make sure it reflects the currency's fundamentals, especially facing uncertainty in US fiscal and trade policies and China's financial sector policy.

Zidane backs 'Madrid's greatest' Ronaldo to win fifth Ballon d'Or

Whilst Ronaldo's collective achievement in winning both the Champions League and Euro 2016 was the reason he won the award, the 31-year-old also hushed the critics who suggested he was past his best at the start of this season with a hat-trick to again vanquish Atletico last month.

Removing black money from system very high on my agenda: Modi

For the first time, Prime Minister Datuk Seri Najib Razak and his Indian counterpart Narendra Modi shared their thoughts on economic prospects and paths toward a stronger inter-Asian ties in a live video conference. Najib and Modi bolstering more success for India and Malaysia. Najib will be visiting India next year as both countries continue to strengthen bilateral ties, following Modi's visit to Malaysia last year.

SSP Group Plc (LON:SSPG) Receives Hold Rating From Kepler Cheuvreux Analysts

They now have a GBX 1,400 ($17.79) price target on the stock. Several other equities research analysts also recently issued reports on SKY. Peel Hunt restated an "add" rating and set a GBX 920 ($11.69) price target on shares of Novae Group Plc in a research report on Tuesday, September 13th.

Airtel launches free voice calling packs

Here's how Airtel & co plan to tackle this onslaught. Like the previous pack, it offers 50MB data in addition to free calls to any network to customers with basic mobile phones. This pack is valid for 28 days. At this juncture, it is worth noting that Reliance Jio recently acknowledged the issue of call drops, and the company's chairman Mukesh Ambani also stated that people are hard at work, which has resulted in a drastic reduction in call drops, especially when calls are made to other ...

'Faulty engine' kills 48 in Pakistan plane crash

A government official Taj Muhammad Khan, present on the scene said that the possibilities of finding survivors are nearly none. According to Daniyal Gilani, the spokesman for Pakistan International Airlines, the plane had lost touch with the control tower prior to the crash.

Markets in the green in early trade

The Sensex has touched a high of 26,803.76 points and a low of 26,707.81 points during the intra-day trade so far. Sensex and Nifty, two key Indian equity market indices, opened in the green on Friday following global cues. "Firmness early in the day was also helped by positive expectations from upcoming IIP release, especially with recent data showing that eight core output data, a leading indicator for IIP, had recorded the biggest gain in six months", said Anand James, Chief Market ...

Who would lose coverage under Obamacare repeal? Trump supporters

This has been a very, very controversial law", McConnell said at a Capitol Hill news conference. The research underscores the complex policy and political considerations that may make it hard to repeal President Barack Obama's signature legislation without first having a plan to replace it.

United Kingdom growth seen to slow sharply in 2017

George Osborne had meant to eliminate the deficit completely and achieve a budget surplus, initially by the end of the last parliament, then by 2020, but repeatedly missed borrowing targets. In an attempt to prepare Britain for leaving the EU, Hammond announced the launch of a fund to invest 23 billion pounds in rail, telecoms and housing infrastructure over the next five years.

Shell, Total Reportedly To Invest In Iran Despite Trump Threat

The government also says Total (NYSE:TOT), which last month signed the first deal by a Western energy firm since sanctions were lifted on Iran, will begin talks about new oil and gas projects but will not sign any deals today. As NPR has reported , Iran's oil production has bounced back faster than most analysts expected. Representatives of Total and Shell declined to comment.

Avoid politics in purchase of Germany's Aixtron

The president upheld a recommendation by the Committee on Foreign Investment in the USA that the sale of the semiconductor-equipment supplier to Grand Chip Investment GmbH should be stopped, according to a statement Friday by the Treasury Department.

GoPro cuts 15% of staff

He was previously an executive vice president at Microsoft Corp. and the chief executive officer of Skype Technologies SA. GoPro's shares were up 2.7 percent at $10.10 in premarket trading. "My time at GoPro has been an incredible experience", said Tony Bates. "Consumer demand for GoPro is solid and we've sharply narrowed our focus to concentrate on our core business", said GoPro CEO Nicholas Woodman.