William Hill has confirmed it has rejected a takeover approach from 888 Holdings and Rank Group, reasoning that “it substantially undervalues William Hill”.
The Bank of England’s post-Brexit economic recovery plan got off to a stumbling start on Tuesday when it was unable to buy as many government bonds as it needed from major City investors.
On the company’s financial health, Coach Inc reported $0.44 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on April 26, 2016. At best a mixed bag, and combined with the lower-than-expected revenues for the quarter and...
HONG KONG – Stock markets have risen risk appetite revived following strong United States job figures that bolstered expectations of faster growth in the world’s biggest economy.
Among some of the highlights, Yelp showed that its local revenue increased 41% versus its second quarter of 2015. Local revenue growth accelerated to 41 percent year-over-year, hitting $151.9 million, helped driven by robustness “across the local, national and self-serve...
Under the freeze, countries would have agreed to limit their production to certain levels in a bid to raise oil prices by constricting the amount of crude on the market. Industries that are heavily reliant on oil as an input can expect their costs to fall dramatically, allowing...
And while senators may be saying that they aren’t voting for Trump, none yet have said they’re going for Hillary Clinton – but an increasing number of Republican donors are.
Complaining that banks have passed benefits only in a “modest” measure, Rajan said a pick-up in credit demand, which would follow the economic recovery and competition for corporate loans after the ongoing balance sheet clean-up by the state-run lenders, will ensure...
Writing in today’s FT, he also said he hoped the United Kingdom government would “continue to support Hinkley Point – and come to a decision as soon as possible so that the project can proceed smoothly”.
“You only need the hard data to come in roughly as poor as some of the early surveys suggest and you should see the market factor in” more QE, or a further rate cut this year. Oil prices rose for the second day in a row, something that hadn’t happened for nearly...