Money

by | October 07, 2016 | 08:27

Greg Hunt, Federal Industry Minister, said that the Ford workers would be able to access the 117 million U.S. dollar "Growth Fund" assistance package which is focused on helping automotive workers transition to new jobs. Ford fans at Australia's biggest motoring race may also be left feeling like the air has been let out of their tyres. Ford has announced it will auction off the last four road-registerable models produced in Australia, with all proceeds going to charity.

by | October 07, 2016 | 08:15

Snap Inc ., the company formerly known as Snapchat , is reportedly preparing for an initial public offering that could happen as soon as March of next year. Having launched its ad platform in mid-2015, Snapchat still only captures 2.3% of social-networking dollars, eMarketer estimates. Among new investors in the company was Sequoia Capital of Menlo Park, California, a venture capital firm notable for its investments in businesses including YouTube, Google, Oracle and Yahoo.

by | October 06, 2016 | 08:28

Over the last couple of days, both the manufacturing and construction sectors came in substantially higher than had been expected, suggesting once again that the early uncertainty after the Brexit vote has now nearly completely worn off.

by | October 06, 2016 | 08:24

In a press release on Tuesday the independent exploration and production company said the site could provide up to 200,000 barrels of "light, highly mobile oil" a day. "It is not going to be easy but we've had projects like this around the world", said Caelus Energy chief executive James Musselman. Plans are to drill an appraisal well and obtain a new 3-D seismic survey over outboard acreage, Caelus said.

by | October 05, 2016 | 00:38

Pence faces the bigger test. Buzz around the Kaine-Pence debate has been markedly smaller. And also look for Kaine to highlight Pence's record on LGBT issues to paint the GOP ticket as out of step with swing voters. The Indiana governor and former 12-year congressman held mock debate sessions with Wisconsin Gov. Scott Walker as a stand-in, studying up on issues likely to be raised and making sure he avoids the criticisms of being unprepared that dogged Trump after his uneven ...

by | October 05, 2016 | 00:29

The decision was expected to please Narendra Modi's government who had become frustrated at the pace with which Patel's predecessor, Raghuram Rajan, had reduced rates during his three-year tenure. "Rate cut will boost liquidity and market sentiment". Stock markets have largely rallied behind the central bank's decision. The broader NSE Nifty was up 0.3 per cent, while the benchmark 10-year bond fell 3 basis points to 6.75 per cent.

by | October 05, 2016 | 00:26

US stocks shot up and were showing signs of stability Friday after a sell-off a day earlier on worries about the health of a major German bank, signaling that Wall Street is closely monitoring the situation at Deutsche Bank but not pricing in disaster.

by | October 05, 2016 | 00:24

Trump's performance at Monday night's debate was widely panned, and a CNN/ORC poll taken immediately after the event found 62 perecent of voters who turned in to watch said Clinton bettered Trump, whom only 27 percent said had the better night.

by | October 05, 2016 | 00:23

Trump can do little to stop Clinton from winning the presidency if she carries North Carolina , says an AP analysis. "And it should not be so hard on the other end of the age spectrum to take care of your loved one", Democrat Clinton said in a question-and-answer session with supporters, making the case to female voters who have periodically backed Republicans in past presidential races.

by | October 05, 2016 | 00:19

The trader has never denied building up trading positions amounting to 50 billion euros, but contends his managers should have been aware of his actions, something the bank has always denied. However he says that his superiors at the French bank knew what he was doing. But Jean Veil, a lawyer for the bank, said he was "satisfied" with the court's decision to reduce Kerviel's fine to an amount that was within his means to pay.

by | October 04, 2016 | 01:38

Violent gale-force winds as well as enormous hail and thousands of lightning strikes have battered the state after a vicious cold front swept across the region. The South Australian Opposition has also called for an immediate investigation. "We've also got a little concern for the Gawler, Light, Wakefield and the River Torrens", Mr Beattie said.

by | October 04, 2016 | 01:32

Shares in Italian banks also slipped as the country's economy minister looked to discuss stalled efforts to sell four small banks that were rescued from bankruptcy previous year, sources said. USA shares were for a flat opening, with Dow futures and the broader S&P 500 futures up less than 0.1 percent. Leaders of Germany's biggest companies rallied behind Deutsche Bank AG , saying in newspaper interviews that the lender now facing a hefty USA fine and a court fight in Italy is crucial for ...

by | October 04, 2016 | 01:31

The combined group will apply for admission to trade on the New York Stock Exchange as its primary listing, retaining Henderson's existing listing on the Sydney stock exchange. Formica said talks with Janus had begun at the start of the year and there had been no other parties in consideration. The new group will be called Janus Henderson Global Investors.

by | October 04, 2016 | 01:28

NBC reported that the Treasury Department did not disclose to the public what business were allowed, they also declined to answer weather a license has been issued to Trump or the bank. "It'd be good for the world to take them on". "We had any number of tenants in the GM Building", George Ross, Trump Organization's executive vice-president, told ICIJ in a telephone interview.

by | October 03, 2016 | 05:50

Holt is factually wrong: Stop-and-frisk has not been ruled unconstitutional. Trump began the debate well. As the debate progressed, Trump got more and more bogged down, and less and less disciplined. "Donald thinks that climate change is a hoax perpetrated by the Chinese", Clinton pointed out. "In the room they couldn't hear me, not exactly great", he told Fox New Channel .

by | October 03, 2016 | 05:43

Clinton's "National Service Reserve" would allow people to serve their communities without a full-time commitment. In May, Trump said that the federal judge presiding over a lawsuit brought by former Trump University students had an "absolute conflict" in handling the case because he is "of Mexican heritage".

by | October 02, 2016 | 11:23

The Standard & Poor's 500 index gained 17 points, or 0.8 percent, to 2,168. In September 2008, the U.S. government made clear that it was not going to bail out investment bank Lehman Brothers Holdings Inc when it was in huge difficulty. Costco was the top percentage gainer on the S&P, rising 4.5 per cent after the company reported a better-than-expected quarterly profit. The AfD is already benefiting from a backlash against Merkel's open-door refugee policy, making huge gains in two regional ...

by | October 02, 2016 | 11:23

This debate raises an underlying issue that no pollster is asking about or at least has not been reported . Clinton has 34 percent of Millennials, but Johnson is right behind her at 27 percent, while Trump takes 23 percent, a Wason Center for Public Policy at Christopher Newport University poll released on September 26 shows.

by | October 02, 2016 | 11:21

Bringing up the rear, US heavyweights Jordan Spieth and Patrick Reed were all square with England's Justin Rose and Henrik Stenson of Sweden after five holes. McIlroy agreed with Strange's assessment after he and Pieters combined for a haul of 10 birdies in a big-hitting duel with the equally long Johnson and Koepka that lasted 17 holes.

by | October 01, 2016 | 00:48

Perhaps the most damaging mouthpiece to the Trump campaign has been the GOP candidate himself, who took to Fox and Friends Tuesday morning to complain about Machado's weight gain and "attitude" when she was Miss Universe. In a pre-dawn Twitter storm, the Republican presidential candidate accused his Democratic rival of helping Alicia Machado get USA citizenship so she could "use her" in this week's presidential debate.

by | October 01, 2016 | 00:47

VP (See Remarks) Beall Pamela K.M. also sold 47,342 shares, at a stock price of $52.73. The company reported the earnings of $1.07/Share in the last quarter where the estimated EPS by analysts was $0.97/share. Institutional investors own 80.96% of the company's stock. The stock price is going above to its 52 week low with 147.45% and lagging behind from its 52 week high with -20.84%.

by | October 01, 2016 | 00:45

On Friday Dias said he would refuse to extend the current contract past its expiration at 11:59 p.m. tonight. About 2,600 workers now build the Chevrolet Impala, Equinox, Buick Regal and Cadillac XT5 on a flex line at the Oshawa site. Unifor, which represents 6,600 GM workers in Canada, is ready to strike if the bargaining committee fails to reach a labor agreement, he said. Dias also has suggested GM will be quickly forced to shut down its plant in Ingersoll, Ontario, where it builds the ...

by | October 01, 2016 | 00:42

The share price of Delta Air Lines , Inc. The stock has a 50-day moving average of $37.34 and a 200 day moving average of $41.02. It has 748.91 million of outstanding shares and its shares float measured at 746.78. might touch $60 high while the Average Price Target and Low price Target is $51.69 and $41 respectively. Separately, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon.

by | September 30, 2016 | 12:38

The New York businessman complained about a malfunctioning microphone, "unfair" questions and threatened that he may "hit her harder" and refer to Bill Clinton's extramarital affairs in his next debate with the former president's wife.

by | September 29, 2016 | 01:27

Sony Pictures distributed " The Magnificent Seven " and teamed with MGM, LStar Capital, and Village Roadshow to finance the $90 million production. Warner Bros.' animated family film Storks , the weekend's other new nationwide offering, came in No.

by | September 29, 2016 | 01:25

Energy Transfer Partners, the Dallas-based company financing the $3.7 billion pipeline that would transport 470,000 barrels of oil a day across four states from North Dakota to IL, this week purchased the roughly 9,000 acre Cannon Ball ranch, according to a deed filed with the Morton County Recorder's Office.

by | September 29, 2016 | 01:17

The RBS is now preparing [Reuters report] to settle a number of other United States cases dealing with mis-selling similar bonds. Shares in RBS were up one per cent in early trading on Wednesday. According to Bloomberg, RBS' chief executive Ross McEwan said at a conference organised by Bank of America Merrill Lynch in London that the bank may fail to sell the division to a rival lender by the end of this year.

by | September 29, 2016 | 01:16

Preparation matters". The Clinton campaign has sent Hillary or a surrogate to four different Philadelphia colleges this month. "She's the real deal", Obama told a rally at La Salle University in Philadelphia . "As someone who has seen the presidency up close and personal, let me share with you what I've learned about this job - lessons that seem even more relevant, even more critical and important now", she said.

by | September 29, 2016 | 01:10

National Coffee Day isn't until Thursday, but early birds will get a leg up on the deals they can grab that day. Dunkin' Donuts' coffee heritage goes back 66 years, something no other leading restaurant brand can match. Dairy Queen: From 2 to 5 p.m. September 29, participating Dairy Queen locations will have $1 small flavored ice coffees and $2 Ultimate Frappes, according to a news release.

by | September 29, 2016 | 01:07

Wells Fargo CEO John Stumpf was grilled by the Senate Banking Committee last week over the bank's illegal sales practices. Sherrod Brown in a statement . "Your definition of accountable is to push the blame to your low level employees... it's gutless leadership ". He apologized for the misconduct and promised to assist affected customers.