Cisco shares fall on weak revenue outlook

Tracking most recent quarter period, Price to book (P/B) ration is at 2.70 and Price to cash per share ration is at 2.40. Cisco Systems, Inc . (NASDAQ:CSCO) has risen 6.00% since April 17, 2017 and is uptrending. The rating was downgraded by Bank of... More..

by | Published more than a month ago
Trump uncertainty pushes yen, Swiss franc to multi-week highs
by | Thursday, May 18, 2017

Trump uncertainty pushes yen, Swiss franc to multi-week highs

The euro has surged almost 1% against the dollar today - moving to $1.1076 - climbing 0.94% to its highest since Donald Trump was elected U.S. president in November, as the dollar weakened broadly on worries ...More..

Former SolarCity CEO Lyndon Rive will leave Tesla
by | Wednesday, May 17, 2017

Former SolarCity CEO Lyndon Rive will leave Tesla

Rive, 40, said SolarCity was "healthier than it's ever been", and the time had come for him to move on . Rive who serves as head of sales and services for Tesla Energy will not be immediately replaced. The...More..

Pippa Middleton's wedding dress reportedly taken in 5 times already…
by | Tuesday, May 16, 2017

Pippa Middleton's wedding dress reportedly taken in 5 times already…

Pippa, a former party planner, has decreed that her big day should have a "relaxed" country wedding feel - but is leaving nothing to chance. When the news came to light, the reaction of Twitter users was imme...More..

by | Sunday, May 14, 2017

Oil tumbles amid oversupply fears, unlikelihood of deeper Opec cuts

West Texas Intermediate for June delivery dropped as much as $1.76, or 3.9 percent, to $43.76 a barrel on the New York Mercantile Exchange, and was at $45.06 at 8:55 a.m.in London. It fell 4% on Thursday. The...More..

Trump Harbored Comey Doubts From Election, Spokeswoman Says
by | Friday, May 12, 2017

Trump Harbored Comey Doubts From Election, Spokeswoman Says

When pressed by a reporter about praise for Comey from rank and file agents at the daily briefing, White House spokeswoman Sarah Huckabee Sanders defended the claim. "Given the recent controversies surroundin...More..

by | Wednesday, May 10, 2017

Jakarta governor jailed on blasphemy charge

His lawyer, I Wayan Sudiarta, said Ahok would appeal the ruling. After the verdict, the governor was taken to a Jakarta prison but it was unclear whether he would remain in jail or be released later to al...More..

by | Tuesday, May 09, 2017

Trump praises Macron for 'big win' in France's election

The prospective President of France will be powerful only if he has a majority in Parliament to help push through his party's programme. One third of voters in France preferred Le Pen, the scion of an anti-EU...More..

ANC accuses judiciary of 'policing political decisions'
by | Saturday, May 06, 2017

ANC accuses judiciary of 'policing political decisions'

South Africa's ruling African National Congress (ANC) on Friday voiced concern over a ruling by the North Gauteng High Court that President Jacob Zuma must provide reasons for the recent cabinet reshuffle. Bu...More..

by | Saturday, May 06, 2017

Market Currents: Saudi crude exports show April pullback

While OPEC is cutting back to alleviate price pressures, US fracking companies could jump to capitalize on the windfall as crude oil prices jump back above $50 per barrel - according to some estimates, shale ...More..

Google agrees to pay 306 mln euros to settle Italy tax dispute
by | Saturday, May 06, 2017

Google agrees to pay 306 mln euros to settle Italy tax dispute

The agreement is expected to put an end to a several disputes, which include a criminal probe that saw police accuse Google of booking around its revenues from Italy in Ireland between 2009 and 2013. The Aust...More..

Prosecutors allege Soules attempted to
by | Thursday, May 04, 2017

Prosecutors allege Soules attempted to "obfuscate" alcohol facts in fatal crash

That information was included in the Buchanan County Attorney's Office response to Soules' request to have his criminal case dismissed . Authorities say he left the scene after his truck rear-ended a man on ...More..

Millions of Americans served by untested or contaminated water systems
by | Thursday, May 04, 2017

Millions of Americans served by untested or contaminated water systems

But just 58 are considered "health-based" violations, such as exceeding maximum contaminant levels and failure to comply with treatment techniques. The authors analyzed data provided by the U.S. The five ...More..

Second MSDF destroyer joins mission to protect U.S. Navy ship
by | Thursday, May 04, 2017

Second MSDF destroyer joins mission to protect U.S. Navy ship

Navy's Yokosuka base in Kanagawa Prefecture. The Izumo is only protecting the American ship within Japanese waters, but it's still a big break from tradition for the nation's military. The constitution stat...More..

Japan Breaks From Military Tradition To Protect American Ship
by | Thursday, May 04, 2017

Japan Breaks From Military Tradition To Protect American Ship

According to the Asahi Shimbun and Jiji Press , the Izumo will leave the port of Yokosuka near Tokyo in what will be its first deployment alongside a US vessel outside an exercise. Visits to a government cri...More..

by | Wednesday, May 03, 2017

Claims about Trump's tax plan don't hold up

This is White House economic adviser Gary Cohn . "We are going to double the standard deduction, so that a married couple won't pay any taxes on the first United States dollars 24,000 of income they earn". I...More..

What others say: Promise to veterans must not be broken
by | Sunday, April 30, 2017

What others say: Promise to veterans must not be broken

Mr. Trump will visit the VA headquarters near the White House to create the Office of Accountability and Whistleblower Protection, which will be aimed at helping VA Secretary David Shulkin to discipline or term...More..

Marissa Mayer's Verizon Payday: CEO Owns Yahoo Stock Worth $216 Million
by | Thursday, April 27, 2017

Marissa Mayer's Verizon Payday: CEO Owns Yahoo Stock Worth $216 Million

But the filing also served as an eye-popping reminder of the hefty stock compensation its CEO, Marissa Mayer, has amassed during her tumultuous tenure at the faded Internet pioneer. Mayer recently said she wou...More..

Obama criticised for '$400000 Wall Street speech'
by | Wednesday, April 26, 2017

Obama criticised for '$400000 Wall Street speech'

Obama was quick to blame big banks for the 2008 financial crisis and subsequent Great Recession, saying they were "caused in part by completely irresponsible actions on Wall Street" in a 2009 interview with ...More..

AT&T revenue misses estimates as customers keep phones longer
by | Wednesday, April 26, 2017

AT&T revenue misses estimates as customers keep phones longer

DirecTV had 21.012 million domestic subs as of the end of March, flat sequentially, compared with 328,000 net adds in the year-earlier period. Postpaid phone churn hit a best ever 0.9% in the US, while overa...More..

Internet firms winding up for a fight on 'net neutrality'
by | Wednesday, April 26, 2017

Internet firms winding up for a fight on 'net neutrality'

Broadband providers and Republican lawmakers have opposed the rules, saying the reclassification adds unnecessary regulation that deters deployment and other investment in their networks. Pai did not give a spe...More..

PPG Industries sweetened its bid for Dutch peer Akzo Nobel
by | Tuesday, April 25, 2017

PPG Industries sweetened its bid for Dutch peer Akzo Nobel

The CEO announced a plan last week to split the company in two and reward shareholders with a higher dividend, saying it offered more value than PPG's offer. PPG is offering Akzo holders cash and stock valued a...More..

Valero Texas Open: Kevin Chappell grabs lead heading into final round
by | Monday, April 24, 2017

Valero Texas Open: Kevin Chappell grabs lead heading into final round

Meanwhile, Kevin Chappell survived a roller-coaster front nine with three birdies, one double bogey and three bogeys. Chappell, equal seventh at the Masters two weeks ago, will jump into the top 25 in the wor...More..

by | Sunday, April 23, 2017

Trump says he will release tax reform package next week

Obama-era regulations on so-called corporate inversions are among the rules the Treasury Department will review and potentially alter, Secretary Steven Mnuchin indicated on Friday. Under former US president Bar...More..

by | Saturday, April 22, 2017

Amid Competition, Verizon Loses Key Customers For First Time

In addition to an update on the state of wireless competition, investors will listen closely for any signals about a potential merger of T-Mobile USA and Sprint, which has always been expected. Verizon has pur...More..

American Express profit falls 13 percent, but tops forecasts
by | Thursday, April 20, 2017

American Express profit falls 13 percent, but tops forecasts

Analysts expect that Express Scripts Holding Company will post $6.93 EPS for the current fiscal year. Hm Payson & has invested 0.04% in Express Scripts Holding Company (NASDAQ:ESRX). TRADEMARK VIOLATION WARNING...More..

by | Wednesday, April 19, 2017

Hat-trick hero Ronaldo first to 100 Champions League goals

He then scored from an offside position minutes later to make it 3-2. Bayern were stunned when Vidal, left, was shown his second yellow card, in the 85th minute. Two minutes later, though, Ramos found his own...More..

by | Tuesday, April 18, 2017

Des Moines to participate in Equal Pay Day campaign

Nationally, women who fold full-time, year-round jobs are paid 80 cents for every dollar paid to men. Louisiana ladies are paid just 68 cents on the dollar for what men are paid. But in some fields, including e...More..

by | Sunday, April 16, 2017

Russian Federation vetoes United Nations resolution to condemn Syria chemical attack

Earlier, Tillerson said he had a "productive" meeting with Russian President Vladimir Putin at the Kremlin on Wednesday, despite palpable tension between the US and Russia . "We'll see what happens". The ...More..

Christoph Metzelder: Real Madrid Fears Bayern Munich
by | Thursday, April 13, 2017

Christoph Metzelder: Real Madrid Fears Bayern Munich

Striker Robert Lewandowski missed Monday's session, instead training individually after taking a knock to his right shoulder on Saturday in the defeat of Dortmund. A player to keep an eye on in this first leg...More..

Uber says its self-driving technology differs from Waymo's
by | Thursday, April 13, 2017

Uber says its self-driving technology differs from Waymo's

Waymo also alleged that its former manager Anthony Levandowski downloaded thousands of key files describing the technology before resigning from his post and subsequently launching Otto - which Uber acquired ...More..

Akzo stands by its chairman, continues to rebuff bids from PPG
by | Thursday, April 13, 2017

Akzo stands by its chairman, continues to rebuff bids from PPG

Elliott previously disclosed that it owns a 3% stake in Akzo and has pressed the company to engage in deal talks with USA rival PPG Industries Inc. According to Akzo, Elliott and other shareholders have reque...More..

by | Thursday, April 13, 2017

Qualcomm reacts to Apple lawsuit, files Answer and Counterclaims

Qualcomm said that Apple withheld money owed under a contract to Qualcomm . Qualcomm is the global leader in the 3G and 4G chipset market. As Don Rosenberg, executive vice president and general counsel ...More..

India's retail inflation rises to 3.81% in March
by | Thursday, April 13, 2017

India's retail inflation rises to 3.81% in March

In terms of month-on-month data, Chinese inflation fell 0.3 per cent, as compared to the 0.2 per cent dip in February. Sterling crept up by around 0.14 per cent against the euro to 1.1731 following the news...More..

by | Wednesday, April 12, 2017

One For Arthur wins Grand National at 14-1

Cause of Causes, under amateur Jamie Codd, managed to hold off the fast charging Saint Are, runner-up in 2015, whilst the favourite Blaklion was fourth giving the oldest jockey in the race, 41-year-old Noel Feh...More..

by | Monday, April 10, 2017

Syrian refugee in Jacksonville hopes airstrike will prompt change

I didn't see you raising your voice against President Obama's inaction in Syria that made us refugees get kicked out of Syria. Ivanka congratulated her father for "making hard decisions" and "refusing to acce...More..

by | Sunday, April 09, 2017

Fed official: Bond holdings would be reduced gradually

Federal fiscal stimuli, analysts say, would cushion tighter financial conditions from interest rate increases and fewer bond purchases from the Fed. Those remittances are beginning to decline now that the centr...More..

by | Saturday, April 08, 2017

US strikes in Syria 'aggression against sovereign state' - Russia

President Donald Trump talks to journalists, members of the travel pool, on board of Air Force One during his trip to Palm Beach, Florida. "The United States attacked the territory of sovereign Syria". Turn...More..

by | Friday, April 07, 2017

Parliament passes four bills to pave way for GST July rollout

Finance Minister Arun Jaitley on Thursday reflected on the Goods and Service Tax bill being passed in the Rajya Sabha and said that the government will give a final approval to the rules and rates on May 17-1...More..

by | Friday, April 07, 2017

NY lawmakers want budget vote, Cuomo says there's no deal

State lawmakers are gearing up for another late night of energy drinks and emergency hotel reservations in an overtime slog to compromise on a five-day-late budget in Albany. "The problem is that the language t...More..

European Central Bank's Draghi says stimulus still needed
by | Friday, April 07, 2017

European Central Bank's Draghi says stimulus still needed

EUR AUD was also pressured by comments from ECB board member Peter Praet who also spoke in Frankfurt as he suggested that the central bank's ultra-low interest rates would likely remain in place well past the e...More..

Constellation Brands, Inc. (STZ) Releases Earnings Results, Beats Estimates By $0.12 EPS
by | Friday, April 07, 2017

Constellation Brands, Inc. (STZ) Releases Earnings Results, Beats Estimates By $0.12 EPS

Jefferies Group LLC lowered their target price on shares of L Brands from $40.00 to $35.00 and set a "sell" rating for the company in a report on Tuesday, March 28th. Marietta Investment Partners LLC increased ...More..

by | Thursday, April 06, 2017

US Fed set to shrink balance sheet

In the wake of the Great Recession, the Fed began making massive purchases of government bonds and mortgage-backed securities, raising the demand for, and therefore the price of, those assets, and lowering thei...More..

Germany approves plan to punish social media for unchecked hate speech
by | Thursday, April 06, 2017

Germany approves plan to punish social media for unchecked hate speech

Germany already has some of the world's toughest hate speech laws covering defamation, slander, public incitement to commit crimes and threats of violence, backed up by prison sentences for Holocaust denial o...More..

by | Wednesday, April 05, 2017

Trump signs bill blocking online privacy regulation

Just to make sure Congress understood how unnecessary and "overreaching" those Obama-era rules were, the big broadband providers paid an average of $70,779 per Senator in campaign contributions and $26,129 ...More..

by | Wednesday, April 05, 2017

Panera shares surge on report of possible sale

More than 4.8 million Panera shares changed hands Monday, almost 10 times the 30-day average. Monday's gains have pushed the company's market cap to $6.48 billion, up from about $6 billion even. Also, there are...More..

by | Wednesday, April 05, 2017

Today is Equal Pay Day

According to the Labor Department's Bureau of Labor Statistics, the average full-time working woman earns 20 percent less than the average full-time working man . At a working group hearing last week with comp...More..

Trump to sign executive orders targeting trade abuses
by | Monday, April 03, 2017

Trump to sign executive orders targeting trade abuses

The one of the orders focuses on a major review of the reasons behind USA ever-growing deficit, as the other addresses issues of related to antidumping and countervailing duties. "President Trump carried OH lar...More..

Europe looks ahead to 'damage control' Brexit talks
by | Monday, April 03, 2017

Europe looks ahead to 'damage control' Brexit talks

Maltese Prime Minister Joseph Muscat, whose country holds the EU's six-month rotating presidency, meanwhile called for the fate of European Union citizens in Britain not to be used in the same way. Britain soug...More..

North Korea gives strongest sign yet of Pyeongchang 2018 participation
by | Monday, April 03, 2017

North Korea gives strongest sign yet of Pyeongchang 2018 participation

Another worked for a North Korean trading company in Dalian, China, the U.S. Treasury said. Haley said she expects Trump and Xi to "talk very much about the responsibility that we believe China has - the fact...More..