Business

Michael Kors shows long-term optimism despite current challenges

Michael Kors shows long-term optimism despite current challenges Several sell side analysts reviewed their recommendations on Michael Kors Holdings Limited (NYSE:KORS) where 1 analyst have rated the stock as Strong Buy, 4 analysts said it's a Buy, 22 rated the stock as Hold, 0 analysts reported Underperform and 1 analysts gave their recommendations as Sell. [Full Article...]

RBI rate cut: Here's what the experts expect

RBI rate cut: Here's what the experts expect In the following policy meet in December, the repo rate was retained at 6.25 percent. "It is worth highlighting that an increase in interest rates, however, given today's extremely low level of Bank Rate, and the substantial amount of monetary stimulus that is already in place through a variety of programs, would still leave a substantial amount of monetary support for the economy". [Full Article...]

Oil Extends Losses as Gasoline Weighs Down Prices

Oil Extends Losses as Gasoline Weighs Down Prices At 1:53 pm GMT, the Comex gold futures contract for February delivery was 0.31% or $3.80 higher at $1,235.90 an ounce. Although OPEC originally planned a guidance of 32.5 million bpd in January, the output was still close to the set number of barrels for the day. [Full Article...]

BP profits show signs of recovery

BP profits show signs of recovery The volatile oil prices are largely to blame for this. In morning deals following the update, BP's share price dropped 2.4 percent to 464.80 pence on London's benchmark FTSE 100 index, which was up 0.4 percent overall. Oil giant BP plc (BP.L,BP_UN.TO,BP) reported Tuesday a profit in its fourth quarter, compared to last year's hefty loss, benefited from higher oil prices and significantly lower cos... [Full Article...]

Kyrie Irving comes up big in overtime as Cavs beat Wizards

Kyrie Irving comes up big in overtime as Cavs beat Wizards What was still unclear, however, was what exactly their hot streak meant. Now they've been like empowered by this move up. No, he isn't expecting to win Washington their first ring since 1978. What do they say?" In addition to his offensive prowess, Love made two critical defensive stops, one each against guards John Wall and Bradley Beal , in the overtime session to help seal the victory... [Full Article...]

Root can take his game to next level as captain, says Strauss

Root can take his game to next level as captain, says Strauss However, few players have the luxury of captaining their counties for any length of time before assuming worldwide office, and Gale believes Root's captaincy inexperience counts for little. England and Cook's grip on the Ashes won in home conditions in 2013 was short-lived as a Mitchell Johnson-inspired Australia humiliated the wilting tourists, whitewashing them 5-0. [Full Article...]

Alternatively fuelled cars pass milestone - SMMT

Alternatively fuelled cars pass milestone - SMMT Wales saw a 0.9 per cent rise, followed by Scotland at 0.5 per cent. The most significant growth was in the alternative-fuel market, which includes electric and plug-in hybrid vehicles. The Ford Fiesta remained Britain's most bought auto, with 8495 sales ensuring it easily beat the Volkswagen Golf, which sold in 5455 units to finish second. [Full Article...]

Brexit French PM, Juncker say deal must be worse than membership

Brexit French PM, Juncker say deal must be worse than membership Ministers plan to trigger Article 50 by the end of March, which will act as the starting gun for two years of formal negotiations on what our future relationship with the European Union will look like. MPs will get a final vote on the final Brexit deal, a move described as a "huge concession" by Labour. New clause three, proposed by Labour leader Jeremy Corbyn, was defeated by 333 votes to 284, ... [Full Article...]

French far-right candidate Le Pen's plan: "Made in France"

In the U.S., where Donald Trump, whose protectionism and "America first" policy are largely thought to have helped him win the election, 29% of the population saw a similar threat from globalisation. "The awakening of those nations is historic and marks the end of an era", Le Pen proclaimed. Here we study the chances of a French departure from the European Union and whether other member states... [Full Article...]

Ryanair Cautious On Outlook As Third-Quarter Profit Declines

But it said it remained confident of meeting its profit guidance for its financial year to March 31 of 1.3-1.35 billion euros, which would imply an increase of around 7 percent on last year. He added: "We are still finalising our budget but it seems clear that pricing will continue to be challenging and we will respond to these adverse market conditions with strong traffic growth and lower unit ... [Full Article...]

Trump's immigration ban will only increase Middle East hostility

Just hours after Mrs May issued the state invitation during a trip to the White House last month, Mr Trump introduced a controversial 90-day travel ban which has sparked anger both within the US and around the globe. Although the ban has met intense criticism by some Western countries like Canada and Germany, the silence of Muslim countries is perplexing. "The president's order is meant to prote... [Full Article...]

Uber CEO Travis Kalanick leaving Trump economic advisory panel

Uber CEO Travis Kalanick leaving Trump economic advisory panel Kalanick wrote to his employees that he'd spoken with Trump [pictured above] on Thursday to "let him know that I would not be able to participate on his economic council". President Donald Trump will huddle with chief executives of major US companies on Friday as the business community finds itself increasingly split over how to respond to his policies. [Full Article...]

GoPro Misses Sales Estimates on Lagging Demand, Delayed Drone

According to The Verge's Sean O'Kane, GoPro's sad figures are thanks to three consecutive flat quarters in 2016 . Analysts were expecting $267.6 million, on average. While GoPro's revenue rose almost 24% to US$540.6mil (RM2.39bil) in the holiday quarter, increasing for the first time in five quarters, the growth was short of analysts' expectations. [Full Article...]

Kristen Stewarts drops an f-word clanger on Saturday Night Live debut

The 26-year-old actress talked about a number of tweets , which Trump posted in 2012 after Stewart cheated on Robert. Robert Pattinson should not take back Kristen Stewart . "I don't think he likes me that much", she said of former reality TV star Trump . Stewart was a good sport about it and she finished the show like a champ even if she knew she'd be hearing all about it later on. [Full Article...]

May to relay Trump's North Atlantic Treaty Organisation message at European Union summit

Francois Hollande in Valletta on February 3. European Union leaders pledged the need for unity and for Europe to stand on its own two feet at their meeting in Valletta on Friday (3 February), during a discussion on how to handle United States president Donald Trump, whom European Union council chief Donald Tusk described earlier this week as a "threat" to the EU. [Full Article...]

What directions FireEye, Inc. (NASDAQ:FEYE) insiders are heading

What directions FireEye, Inc. (NASDAQ:FEYE) insiders are heading The shares were sold at an average price of $11.64, for a total transaction of $637,709.04. It did announce however, that CFO, Mike Berry and David DeWalt, FireEye's former CEO and most recently executive chairman of the board, have resigned from the Milpitas, Calif. [Full Article...]

OSP: Fans don't let fans drive drunk

OSP: Fans don't let fans drive drunk Before drinking, designate a sober driver and leave your vehicle keys at home. Chermok says that the Colorado State Patrol would like to remind everyone on the road to drive safe, drive sober, and always wear your seatbelt. They'll thank you later. Pace yourself - eat; take breaks; alternate with nonalcoholic drinks. The Hawaiʻi Police Department hopes it's a great game and that you enjoy it-s... [Full Article...]

Piper Jaffray Companies Lowers Ralph Lauren Corporation (RL) to Underweight

Piper Jaffray Companies Lowers Ralph Lauren Corporation (RL) to Underweight Ralph Lauren has refocused and evolved its core product offering, with an update to its color palette, materials, and fit, incorporating more consumer insights and market intelligence into the decision making. This contrast to earnings per diluted share of $1.54 on a stated basis and $2.27 on an adjusted basis, apart from restructuring and other related charges, for the third quarter of Fiscal 20... [Full Article...]

Markit's eurozone PMI steady in January

Markit's eurozone PMI steady in January Chris Williamson, chief business economist at IHS Markit, said: "The US economy has started 2017 on the front foot". India's services languished, with new business orders falling for the third straight month, amid muted inflationary pressure that could offer RBI much room to remain accommodative in its next policy meet next week, says a monthly survey . [Full Article...]

New Residential Investment Corp. (NRZ) Upgraded to "Buy" by Compass Point

New Residential Investment Corp. (NRZ) Upgraded to At present, 21 analysts recommended Holding these shares while 2 recommended sell, according to FactSet data. Two equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the stock. [Full Article...]


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