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S&P, Nasdaq open flat; Dow slightly lower - Reuters

Fri, 06/23/2017 - 08:38

Reuters

S&P, Nasdaq open flat; Dow slightly lower
Reuters
Traders work on the floor of the New York Stock Exchange shortly after the opening bell in New York, U.S., June 22, 2017. REUTERS/Lucas Jackson. The S&P 500 and Nasdaq Composite opened little changed on Friday amid concerns over oil prices, while ...
Healthcare Stock Rally Can't Save S&P 500 From Another Bad DayTheStreet.com
Stocks little moved on Wall StreetBBC News
US STOCKS SNAPSHOT-Wall St ends flat but healthcare stocks rallyNasdaq
Scoop.co.nz (press release) -DIGITALLOOK -Xinhua -KTIC
all 21 news articles »

Qatar Airways' investment in American Airlines exposes an astounding level of hypocrisy in the airline business - Business Insider

Fri, 06/23/2017 - 07:53

Business Insider

Qatar Airways' investment in American Airlines exposes an astounding level of hypocrisy in the airline business
Business Insider
An analyst says this is evidence that Qatar receives subsidies, something the US airlines have been insisting for years. Still, even as it demonizes Qatar and its Middle Eastern rivals, American Airlines is a Qatar partner. Qatar Airways wants to buy a ...
Qatar Airways Has No Trump CardBloomberg
EU summit; Healthy banks; American AirlinesCNNMoney
American Airlines CEO not 'particularly excited' about Qatar investmentNew York Post
Newsmax -Hindustan Times -The Independent -Stock Traders Daily
all 87 news articles »

BlackBerry's Banner Year Hits Snag as Software Sales Falter - Bloomberg

Fri, 06/23/2017 - 07:25

Bloomberg

BlackBerry's Banner Year Hits Snag as Software Sales Falter
Bloomberg
The Canadian company, which exited the hardware business last year, missed analysts' estimates for total revenue, the majority of which is now made up of software sales. Revenue excluding some costs was $244 million in the fiscal first quarter compared ...
BlackBerry tumbles on sales miss as enterprise orders slumpCNBC
Blackberry turns a quarterly profit thanks to Qualcomm's $940 million arbitration paymentBusiness Insider
BlackBerry Ltd (BBRY) Stock Succumbs to the Creep of DoubtInvestorplace.com
Marketwired (press release) -Financial Times -CrackBerry.com -Seeking Alpha
all 72 news articles »

Here are the 20 additional stores Sears plans to close - CNBC

Fri, 06/23/2017 - 05:44

CNBC

Here are the 20 additional stores Sears plans to close
CNBC
The closures were confirmed in a filing with the SEC Friday morning by real estate investment trust Seritage, which owns the 20 properties. The locations slated for closure include 18 Sears stores and two Kmart stores. In 2015, Sears Holdings sold 235 ...
Sears to close 20 more stores as crisis continuesUSA TODAY
Macomb Mall store is on latest Sears closing list, report saysDetroit Free Press
With Each Passing Day Sears Is Closer to Going Out of BusinessTheStreet.com
Retail Dive -Chron.com -Newsday -Crain's Detroit Business
all 31 news articles »

Here are the 20 additional stores Sears plans to close - CNBC

Fri, 06/23/2017 - 05:44

CNBC

Here are the 20 additional stores Sears plans to close
CNBC
The closures were confirmed in a filing with the SEC Friday morning by real estate investment trust Seritage, which owns the 20 properties. The locations slated for closure include 18 Sears stores and two Kmart stores. In 2015, Sears Holdings sold 235 ...
Sears to close 20 more stores as crisis continuesUSA TODAY
Sears at Westfield Shopping Center in Sarasota is closingWWSB ABC 7

all 4 news articles »

Allied Irish Banks Valued at $13.3 Billion in IPO - New York Times

Fri, 06/23/2017 - 04:22

New York Times

Allied Irish Banks Valued at $13.3 Billion in IPO
New York Times
Bernard Byrne, the chief executive of Allied Irish Banks, in Dublin in April. The bank has been profitable in the last three years. Credit Clodagh Kilcoyne/Reuters. LONDON — Nearly seven years after its collapse almost brought down Ireland's banking ...
What you need to know about AIB's IPOIrish Times
State looks set to raise €3.4 billion in AIB stake saleRTE.ie
Ireland raises 3 bln euros from "milestone" AIB share saleNasdaq
London South East (registration) (blog) -Financial Times -The Irish Sun -The Times (subscription)
all 26 news articles »

Toshiba says open to talks with Western Digital over chip unit sale - Reuters

Fri, 06/23/2017 - 04:13

Reuters

Toshiba says open to talks with Western Digital over chip unit sale
Reuters
Toshiba Corp CEO Satoshi Tsunakawa bows during a news conference after asking regulators for extension on financial filing and deal on chip unit sale, at the company headquarters in Tokyo, Japan June 23, 2017. REUTERS/Issei Kato. TOKYO Toshiba ...
Toshiba Gets Earnings Report Extension, Faces Delisting RiskU.S. News & World Report
Troubled Toshiba flags deeper lossesBBC News
UPDATE 2-Toshiba stock listing status downgraded, deeper losses flaggedBusiness Insider
TheStreet.com -Telegraph.co.uk -Evening Standard -Financial Times
all 27 news articles »

Eurozone business activity slows in June - www.worldbulletin.net

Fri, 06/23/2017 - 03:46

www.worldbulletin.net

Eurozone business activity slows in June
www.worldbulletin.net
Analysts said that while the downturn in the headline readings was disappointing, the economy continued to put in a strong performance. World Bulletin / News Desk. Eurozone private sector business activity slowed sharply in June but was still running ...

and more »

ECB Raises Brexit Heat With Bid for Power Over Euro Clearing - Bloomberg

Fri, 06/23/2017 - 03:21

Bloomberg

ECB Raises Brexit Heat With Bid for Power Over Euro Clearing
Bloomberg
The Frankfurt-based ECB seeks to change its legal statute to be given a “clear legal competence” over clearing of euro-denominated financial instruments, it said in a statement on Friday. Specifically, it asked to change Article 22 of its statute to ...
The ECB took a big step towards wresting control of London's near-€900 billion euro clearing businessBusiness Insider
ECB bids for more euro clearing oversightBBC News
European Central Bank eyes UK's euro clearing as it asks for more powersMarketWatch
Fox Business -Nasdaq -Financial Times -FT Alphaville (registration)
all 48 news articles »

Euro zone businesses end second quarter with slower growth: PMI - Reuters

Fri, 06/23/2017 - 03:18

Reuters

Euro zone businesses end second quarter with slower growth: PMI
Reuters
FILE PHOTO: Inflated euro sign is seen outside the new headquarters of the European Central Bank (ECB) in Frankfurt, January 22, 2015. REUTERS/Kai Pfaffenbach/File Photo. By Jonathan Cable | LONDON. LONDON Roaring euro zone business growth ...
Euro-Area Momentum Eases as Best Quarter in Over Six Years EndsBloomberg
Eurozone Economy Enjoyed 'Best Quarter in Over 6 Years'U.S. News & World Report
German Private Sector Growth Slows More Than Expected in June-PMINew York Times
Nasdaq -DailyFX -Financial Times -EconoTimes
all 48 news articles »

Swiss watchdog says insider trader must surrender 1.4 million francs - Reuters

Fri, 06/23/2017 - 01:46

swissinfo.ch

Swiss watchdog says insider trader must surrender 1.4 million francs
Reuters
ZURICH, June 23 Swiss financial watchdog FINMA said on Friday a former board member at multiple companies must pay to the agency 1.4 million Swiss francs ($1.44 million) from the illegal profits he is accused of making by "repeated and systematic" ...
Swiss take action over insider trading, market manipulationWashington Post
Company director punished for insider tradingswissinfo.ch
Finma Clamps Down On Insider Dealingsfinews.com

all 7 news articles »Google News

China tightens online video controls, jolting investors - Washington Post

Thu, 06/22/2017 - 23:18

Washington Post

China tightens online video controls, jolting investors
Washington Post
BEIJING — Three popular Chinese internet services have been ordered to stop streaming video after censors complained it contained improper comments about sensitive issues. The move prompted a sell-off in the U.S.-trade shares of Sina Corp. and its ...
Beijing's video-streaming ban lops $1bn off Sina Weibo market capFinancial Times
China's authorities tighten noose around online video, audio contentStreetInsider.com
Weibo shares tumble on China internet crackdownNikkei Asian Review
China Money Network -Investor's Business Daily -The Verge -Benzinga
all 34 news articles »

Tesla is interested in constructing a Gigafactory in China - BGR

Thu, 06/22/2017 - 22:01

BGR

Tesla is interested in constructing a Gigafactory in China
BGR
With Tesla's Gigafactory in Las Vegas already producing lithium-ion batteries for the upcoming Model 3, there are reports that Tesla is already taking concrete steps to develop yet another Gigafactory in China. Hardly a surprise, Tesla CEO Elon Musk ...

and more »

Senate GOP's health plan debuts amid doubts - Washington Post

Thu, 06/22/2017 - 18:35

Washington Post

Senate GOP's health plan debuts amid doubts
Washington Post
The health-care proposal unveiled by Senate Majority Leader Mitch McConnell on Thursday came under immediate attack from conservative and centrist Republican senators as well as industry officials, casting the bill's viability into doubt even as GOP ...

and more »

US bans fresh Brazil beef imports over safety concerns - Reuters

Thu, 06/22/2017 - 18:21

Reuters

US bans fresh Brazil beef imports over safety concerns
Reuters
A customer (R) pays for his meat at the Municipal Market in Sao Paulo October 10, 2014. REUTERS/Nacho Doce. By Tom Polansek | CHICAGO. CHICAGO The United States halted imports of fresh Brazilian beef on Thursday, the U.S. Department of ...
United States suspends all Brazilian meat importsBBC News
In major blow to Brazil, US suspends meat product importsWashington Post
USDA Suspends Importing of Beef From BrazilTheStreet.com
Bloomberg -Palm Beach Post (blog) -WISN Milwaukee -Yahoo Singapore News
all 16 news articles »

Trump visited this Boeing factory to celebrate jobs. It just announced layoffs - Washington Post

Thu, 06/22/2017 - 17:29

Washington Post

Trump visited this Boeing factory to celebrate jobs. It just announced layoffs
Washington Post
Five months ago at a Boeing factory in South Carolina, President Trump proclaimed, “We are going to fight for every last American job.” On Thursday, workers at the North Charleston plant learned they'd soon face layoffs. The airplane manufacturer ...
Layoffs announced at Boeing plant Trump visitedThe Hill
Boeing factory where Trump delivered jobs speech to lay off 200 workerswtkr.com
Boeing plant Trump touted as manufacturing success hit with layoffsWashington Examiner
Charleston Post Courier -Raw Story -ABC NEWS 4 -U.S. News & World Report
all 14 news articles »

As Uber's value slips on the secondary market, Lyft's is rising - TechCrunch

Thu, 06/22/2017 - 16:10

TechCrunch

As Uber's value slips on the secondary market, Lyft's is rising
TechCrunch
It's been happening for months. The value of Uber's shares has been falling on the secondary market, hammered by a barrage of press attention paid to its real and perceived misdeeds. That slip is widely seen as the reason Uber investors strong-armed ...
How's Uber's New Tipping Policy Working for Drivers So Far?NBCNews.com
Judge orders Uber to hand over driver data to San FranciscoSFGate

all 27 news articles »Google News

Snap Is Probably Terrified of Facebook -- Here's the Latest Way You Can Tell - TheStreet.com

Thu, 06/22/2017 - 15:47

Livemint

Snap Is Probably Terrified of Facebook -- Here's the Latest Way You Can Tell
TheStreet.com
Snap Inc. (SNAP) may have found a new way to keep users from venturing off of its platform to Facebook Inc.'s (FB) Instagram. On Wednesday, the Snapchat parent company introduced a new feature called Snap Map that allows users to share their location ...
Snap acquires French start-up Zenly for location-sharing appLos Angeles Times
Here's how Snapchat's business benefits from its new mapping featureBusiness Insider
Snap's User Growth Isn't Its Only ProblemMotley Fool
VentureBeat -Inc.com -Zacks.com -Madison.com
all 154 news articles »Google News

Big banks make it through stress tests, investors await cash release - CNBC

Thu, 06/22/2017 - 15:30

CNBC

Big banks make it through stress tests, investors await cash release
CNBC
The 34 banks subjected to the Fed's stress testing appear to have enough capital to return cash to shareholders. The second, more critical part of the test happens next week when the central bank announces whether it approves or disapproves of the ...
Fed stress tests show banks could withstand a deep downturnMarketWatch
All US banks pass Dodd-Frank stress testsThe Hill
Wall Street's Biggest Banks Score High on First Round of Stress TestsTheStreet.com
USA TODAY -Washington Examiner -Wall Street Journal (subscription) -Financial Times
all 17 news articles »

'Immaterial' Revision or Not, Hain Still has Problems - Wall Street Journal (subscription)

Thu, 06/22/2017 - 15:10

Wall Street Journal (subscription)

'Immaterial' Revision or Not, Hain Still has Problems
Wall Street Journal (subscription)
An internal investigation at Hain Celestial Group found past errors in its accounting were immaterial. Investors care more about the company's future, which still looks troubled. The maker of natural and organic foods said Thursday it had completed a ...
CNBC Exclusive: CNBC Transcript: Hain Celestial CEO Irwin Simon Speaks with CNBC's Sara Eisen on “Squawk Alley”CNBC
Hain Celestial, DryShips Drop into Thursday's 52-Week Low Club24/7 Wall St.
Hain Celestial names new CFOLong Island Business News (subscription)
Zacks Investment Research
all 117 news articles »

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