Archive | Money

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Third Child Dies After Fire in Sheboygan Falls

Police Chief Steven Riffel says 10-year-old Benjamin Martin is in very critical condition at a Milwaukee-area hospital. The 11-year-old went b...

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Baker Hughes Posts Loss on $1.25B Charge

The energy company recorded $3.39 billion in revenue, surpassing analysts' $3.47 billion projection. The loss stemmed from a sharp decline in ...

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Did EA Accidentally Reveal Xbox One Sales Figures?

It's just that Sony has done so well with the PS4. So, we can now say Xbox One has an install base of around 19m. The company reported that it...

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IPhone no more a favourite choice? Apple reports lowest sale figures

Apple sold 74.8 million iPhones, just below what analysts expected but slightly ahead of the 74.5 million iPhones Apple sold in the last thre...

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Serial killer Levi Bellfield admits Milly Dowler murder

After the announcement of Bellfield's confession, a spokesman for Dowler's family said: "The effect of this information has been devastating for...

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Altria (MO) Layoffs: Tobacco Maker Plans Job Cuts

Altria is headquartered at 6601 W. Broad St. Still, that measure was up 0.5 percent for the year. The company earned $6.32 billion during the q...

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Brookfield results under scrutiny amid latest Qube offer for Asciano

While the Brookfield offer would take ownership of the company offshore, Qube is offering its shares as part of the deal so "Asciano shareholder...

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Federal Reserve says USA growth slowed, keeps rate unchanged

Investors are betting on one quarter-point rate increase in 2016. Futures markets place just a 25% probability on rate increase by then. That ...

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Murphy Oil To Divest Montney Midstream Assets

Murphy Oil Corporation is an oil and gas exploration and production company. Murphy Oil Corporation (NYSE: MUR): On Wednesday heightened v...

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World Bank cuts iron ore predictions through 2020 as glut builds

Iron ore heavyweights Australia and Brazil are gaining market share in top buyer China, but aren't quite destroying their smaller rivals as quic...

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Miami doctor accused of attacking Uber driver: "I'm ashamed"

Continue reading the rest of the story on ABCNews . Ms. Ramkissoon has been placed on administrative leave and removed from all clinical duti...

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Transparency global slams Ukraine with its World Ranking of Corruption Perception

Brazil posted the biggest decline, falling 5 points and dropping seven positions to 76th. Transparency International praised the four-year u...

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PayPal's Venmo adds third-party app payment support

Initially, only a selected group of users will be able to try the new function. The company today announced partnerships with sports ticket app...

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Freeport McMoran Loses Right to Export Copper Concentrate From Indonesia

Freeport-McMoRan traded as low as $4.21 and last traded at $4.47, with a volume of 47,894,096 shares changing hands. Other institutional inves...

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Beacon Capital Management Divests From Position in Ford Motor Company (F)

Finally, Nordea Investment Management AB raised its position in shares of Ford Motor Company by 5.9% in the fourth quarter. Ford Motor Compan...

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New home launches hit five-year low in 2015

Steady sales volume and restricted launches have helped in bringing down the stress level in the residential market by some degree in the second...

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BT completes £12.5bn acquisition of mobile operator EE

The completion comes after the Competition and Markets Authority (CMA) gave the green light to the deal earlier this month, without conditions, ...

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FT: Rolls Royce CEO to announce culling of senior managers

The move comes a fortnight ahead of Rolls-Royce's full-year results being published. ValueAct has been pushing Rolls-Royce to focus on its mai...

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Lithia Motors settles with Federal Trade Commission

In addition to concerns the FTC had with GM over its "Certified Pre-Owned" vehicle program, the agency also lodged complaints against Jim Koons...

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Eastman Chemical Q4 Earnings Drop 3%

Many Wall Street Analysts have advised their investors on the company shares. Eastman Chemical Company was upgraded by Citigroup to Buy on Jan...

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First case of Zika virus confirmed in MA

Adewole also directed Nigeria Center for Disease Control (NCDC) to include Zika virus diagnosis as part of ongoing effort to manage Lassa fever ...

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Three Walmart Express Stores close for good

Walmart said all the employees who work at the local stores that are closing will be offered jobs at other locations. "It's devastating for th...

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Amanda Staveley sues Barclays for £700m

PCP Capital Partners had also invested as much as £3.5 billion with the bank in 2008 to represent the interest of Sheikh Mansour bin Zayed Al Na...

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Lloyds retail privatisation must wait for sunnier days

Osborne says: "There will be a sale of shares [in] Lloyds but only when the time is right for people". A Downing Street spokesman said: "It'...

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Mortgage rates decline for fourth straight week

Mortgage rates once again moved lower amid continuous market turmoil, the latest Freddie Mac Primary Mortgage Market Survey said. The adjust...

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Arlington Asset Investment Corp (NYSE:AI) Short Interest Update

Post opening the session at $4.15, the shares hit an intraday low of $4.08 and an intraday high of $4.19 and the price vacillated in this range ...

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Xerox to split in two; give Icahn 3 board seats

In its Q3 FY2015 earnings report, the company had revenue of $4.3 billion, a decrease of 10 percent from the same time a year ago. A Xerox ...

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Icahn urges AIG to become a 'simpler' company

The insurance firm has continued to return capital to its shareholders.  Mr. Icahn wants AIG to split into three separate companies - life...

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Morgan Stanley profit tops expectations

Morgan Stanley reported results that topped expectations thanks in part to strong performance in equities trading and investment banking. S...

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Coach Inc's sales rise for first time in 10 quarters

A basis point is equal to 0.01%. Executive Creative Director Stuart Vevers, who joined Coach in 2013, is influencing the look of products an...

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Florida Medical Student Apologizes for Assaulting Uber Driver

I am ashamed. I am so sorry. I have hurt so many people with this. Nobody deserves to be treated that way. I paid for the damages and I apologiz...

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Textron Shares Drop After Unexpected Revenue Decline

The 50-day moving average is $40.48 and the 200 day moving average is recorded at $41.04. This was down from $4.09 billion previous year. The...

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CVS Health Corporation (NYSE:CVS) Stock Target Price Update

The average 12-month target price among brokerages that have issued a report on the stock in the a year ago is $18.25. In related news, Direct...

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Woman Shot and Killed After Rebuffing Man's Advances at a Bar

A mother of two was fatally shot by a man she rejected at a local Pittsburgh bar. She then got up to leave, McKinney allegedly followed and ...

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Navios Maritime Partners LP Analyst Rating Update

Earlier the firm had a rating of "Overweight " on the company shares. Zacks Investment Research cut shares of Navios Maritime Holdings from a ...

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