Finance

Molson Coors sees beer sales fall in Q4, 2016

Finally, TD Asset Management Inc. boosted its stake in Molson Coors Brewing Company by 5.2% in the third quarter. Molson Coors (TSX:TPX.B, NYSE:TAP) posted a US$460.9 million pre-tax loss from its operations in Canada for the three months ended December 31, down from a $48.5 million profit a year earlier. [Full Article...]

Fed Chair Yellen: 'Unwise' to Wait Too Long for a Rate Hike

Fed Chair Yellen: 'Unwise' to Wait Too Long for a Rate Hike He has announced a rollback of financial regulation with few details and there is no clarity on the size, scope and timing of the tax cuts he has promised. Yellen's term is set to expire on February 3, 2018. "I do intend to complete my term as chair". Janet Yellen really doesn't want to talk about Donald Trump. [Full Article...]

German growth steady in 2016 as inflation approaches European Central Bank target

The inflation rate in Germany, as measured by consumer price index (CPI), saw a year-on-year increase of 1.9 percent in January 2017, the same level as July 2013, according to Destatis. "Political uncertainty regarding Brexit, the future US economic policy as well as the considerable number of upcoming elections in Europe further depresses expectations", he said. [Full Article...]

Watch Melissa McCarthy Return as Sean Spicer on SNL

McCarthy also tackles Spicer's recent "Bowling Green Massacre" moment in which he referred to a non-existent terrorist attack in Atlanta multiple times - apparently intending to reference to Orlando massacre - as well as the list of terror attacks allegedly unreported by the media. [Full Article...]

Burger King Parent Restaurant Brands Beats Q4 Forecasts

During 2016, the number of restaurants for Burger King increased by 4.9% and for Tim Hortons 4.5%. The Canadian company that owns Burger King and Tim Hortons is reportedly in talks to acquire Popeyes, in a move that would create a powerhouse in the world of burgers, coffee and fried chicken. [Full Article...]

What do Analysts Say about: The Coca-Cola Company (NYSE:KO)

What do Analysts Say about: The Coca-Cola Company (NYSE:KO) Highstreet Asset Management Inc. now owns 65,597 shares of the company's stock valued at $2,974,000 after buying an additional 12,594 shares during the period. Coca-Cola European Partners PLC has received $0.46 as the consensus Earnings Estimate for the Quarter ending on Dec 2016, According to the estimate provided by 5 Financial Advisor in the Stock Trading Firms. [Full Article...]

Trump line of home items removed from Kmart, Sears

On Saturday a spokesperson for Sears Holdings Corporation said the two chains would no longer sell Trump Home items in their online stores. Citing internal Nordstrom data, the Journal reported sales of Ivanka Trump-branded clothing and shoes had dropped more than 70 percent in the second, third and fourth week of October compared with the same weeks the previous year. [Full Article...]

China's exports surge in January, exceeding expectations

China's exports surge in January, exceeding expectations The new US administration has not announced any major initiatives yet, but President Donald Trump has repeatedly accused China of unfair trade practices and talked about slapping a 45% tariff on Chinese imports. January data also benefited from a more favorable comparison to a year earlier, when shipments slumped 10.9 percent in yuan terms. "Trump's hawkish trade policy stance toward China also ad... [Full Article...]

'World's heaviest woman' lands in India for surgery

Now she weighs 500 kg and can't even leave her bed. She has already suffered a stroke resulting in paralysis of her right arm and leg, she can not speak coherently, has type 2 diabetes, hypertension, hypothyroidism, has severe obstructive and restrictive lung disease, gout and is at a very high risk of pulmonary embolism, added the release. [Full Article...]

Trump Gets Freer Hand on Banks as Tarullo Departs

David Nason, a General Electric executive and former U.S. Treasury Department official, is the front runner for the regulation post, sources with the appointment process have told Reuters. There may be "refinements" that could be be made to financial regulations, he said at a conference in December. Under the law, the Fed has broad authority to regulate the nation's largest banks. [Full Article...]

Sears could close more stores in effort to cut $1 billion

Sears could close more stores in effort to cut $1 billion Sears has been selling real estate and other assets to help fund its struggling operations. On Friday, shares of struggling retailer Sears Holdings are skyrocketing, up around 32% to $7.33 per share in morning trading-and up almost 44% in premarket trading-after the company announced a plan to cut costs by at least $1 billion in 2017. [Full Article...]

Oil Jumps as IEA Sees Record OPEC Cuts Compliance, Rising Demand

Oil Jumps as IEA Sees Record OPEC Cuts Compliance, Rising Demand President Donald Trump's pledge to ease drilling restrictions and maximisation of oil production. Most market analysts believe that January compliance to supply cut commitments of 1.8 million barrels a day has been over 70%. Gasoline futures 1RBc1 rose 1.3 percent on Friday to $1.59 a gallon. Iran , which was allowed to raise production slightly under the agreement, stayed the same at 3.75 mill... [Full Article...]

The Cliffs Natural Resources Inc

The Cliffs Natural Resources Inc Macquarie Maintains the stock to Outperform on 8/29/16 by stationing a price target of $10. (NYSE:CLF) reported its previous quarter on 10/27/2016 where it reported the Actual Earnings of $-0.12. Everyone is buying CLF stock, with roughly 6x its normal trading volume. The stock's current distance from 20-Day Simple Moving Average (SMA20) is 4.83% where SMA50 and SMA200 are 3.54% and 44.17% respect... [Full Article...]

Sentry Investment Management Boosts Position by $12983511 in The Coca-Cola Co (KO)

The Coca-Cola Company is operating with a market capitalization of 180103.8, with a return on assets (ROA) of 7.80% and an average volume of 13432.32. KO has been the topic of several recent analyst reports. Vetr cut shares of Coca-Cola Company (The) from a "strong-buy" rating to a "buy" rating and set a $45.34 price target for the company.in a research note on Wednesday, December 7th. [Full Article...]

Cognizant Technology Solutions Corporation (NASDAQ:CTSH) Analyst Estimates And Rating

The information technology consulting and outsourcing firm said a quarterly dividend payment to shareholders will begin this year and along with an aggressive share repurchase program, will return an estimated $3.4 billion to investors over the next two years. [Full Article...]

Average US 30-year mortgage rate slips to 4.17 percent

The 7 year ARMs can be had for 3.500% today with a starting April of 3.684%. The average two-year buy-to-let tracker rate was 2.81 per cent, unchanged from December. Currently, the aforementioned loan is offered at a rate of 4.250% and it bears an April variable of 5.288%. The average doesn't include extra fees, known as points, which most borrowers must pay to get the lowest rates. [Full Article...]

MSF Welcomes Kenyan High Court Ruling Against Closure of Dadaab Refugee Camps

Last year, the Kenyan government issued an order to dissolve the camp, which the United Nations runs. In his ruling , Justice JM Mativo said the government's orders were discriminatory and amounted to collective. "While this provides a temporary solution for the refugees who have anxious about the looming closure for nearly a year now, it is a call to action for the worldwide community to p... [Full Article...]

Thomas Cook see rise in revenue yet remain "cautious"

Thomas Cook see rise in revenue yet remain Peter Fankhauser, Chief Executive of Thomas Cook , said: "Bookings to Greece are now up by over 40 per cent, while demand for destinations such as Cyprus, Bulgaria, Portugal and Croatia is also strong". The group said United Kingdom bookings for this year's key summer season were largely flat - up one per cent overall - as it comes under pressure from rivals in the Spanish island market. [Full Article...]

Analysts At Goldman Sachs Reiterated WPP Group PLC (LON:WPP) As Buy

The broker said it has now set a "Buy" rating on shares of WPP Group PLC with a price target of 2100. Shares of Spectris plc ( LON:SXS ) opened at 2405.00 on Wednesday. If you are reading this news story on another publication, it was copied illegally and reposted in violation of U.S. & worldwide trademark and copyright legislation. [Full Article...]

Listing terror attacks, why doesn't White House want to report on Israel?

Listing terror attacks, why doesn't White House want to report on Israel? A White House spokesperson told The Huffington Post's Sam Stein that the list comprised "ISIS or ISIS-related attacks on Western targets from [2014-16], ***MOST*** of which were not widely reported on". Nine other domestic attacks in were listed, including one that injured 31 people when an improvised bomb exploded on 23rd Street in Manhattan. President Donald Trump's dark view of violent cr... [Full Article...]


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