CHINA RATE CUTS: On Thursday, the People’s Bank of China cut interest rates on loans by small lenders. History not only backs that up, it also shows the margin of victory can be wide. She is bullish on home improvement companies such as Home Depot Inc, and noted that...
The coordinated terrorist attacks across Paris last week, which left 129 dead and scores more wounded, has provided Bush with an opening to make the case more clearly and forcefully than he has before: that his leadership skills and experience make him best equipped to be...
Square Inc priced shares at $9 for its initial public offering, about 25 percent less than it had hoped, as it struggled to win over investors skeptical about its business and valuation before trading begins on Thursday. In frenzied trading of over 47 million shares, the shares...
According to Tech Crunch, total U.S. Thanksgiving shopping topped $1 billion and Black Friday topped $1.5 billion, representing a year-over-year growth rate of 32 percent and 26 percent, respectively. During an earnings call in September, executives noted Alibaba is creating a...
Shareholders will receive consideration from the spin-off of the Starwood timeshare business and subsequent merger with Interval Leisure Group, which has an estimated value of approximately $1.3 billion to Starwood shareholders or approximately $7.80 per Starwood share.
NIKE shares were flat on the day at $125.78 in Thursday’s trading, but the stock was up over 3.5% at $130.40 in the after-hours session after this news broke. The company’s strengths can be seen in multiple areas, such as its solid stock price performance, impressive...
Speaking from Manila where he is attending the Asia-Pacific Economic Cooperation summit, Mr Turnbull said Treasurer Scott Morrison’s decision to block the sale of the 101,411-square kilometre S Kidman & Co. estate was made exclusively on national interest grounds, with...
It operates in three business segments: worldwide Operations, North American Commercial and North American Stores & Online. In October 2013, Staples Inc completed the acquisition of Runa.
Many people signing up for 2016 health policies under the Affordable Care Act face higher premiums, fewer doctors and skimpier coverage, which threatens the appeal of the program for the healthy customers it needs.