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Business News

Location American Business News for 4 November 2016

Can Governments Take Baton From Central Banks?

Wall Street Journal - 4 Nov 2016 15:29
Central banks like the ECB have been calling seemingly forever for politicians to take action. The issue is becoming urgent.
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Suuti sells 1.6% stake in L&T, SBI picks up shares

livemint.com - 4 Nov 2016 16:58
Suuti sells 1.6% stake in L&T, SBI picks up shares Suuti was able to sell the L&T shares at a price just slightly higher than the floor price of Rs.1,415 per share
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Valero Energy Corp. (NYSE: VLO) has been named as a Top 10 dividend paying energy stock, according to Dividend Channel, which published its weekly ''DividendRank'' report. The report noted that among energy companies, VL...
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SHANGHAI/SAN FRANCISCO
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Omega Healthcare Investors, Inc. (NYSE: OHI) has been named as a Top 10 Real Estate Investment Trust (REIT), according to Dividend Channel, which published its most recent ''DividendRank'' report. The report noted that a...
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Stocks fall with investors scared over possible Trump presidency Even Wall Street is down on this election. Stock markets slumped for the eighth straight day on Thursday, the longest losing streak since the Lehman Brothers demise, as Donald Trump's rising odds of winning the White Hou...
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Russia keeps increasing its oil production

Business Insider - 4 Nov 2016 03:00
Russia keeps increasing its oil production Alexei Nikolskyi/RIA Novosti/Kremlin/Reuters Goldman Sachs’ commodity analysts are a merciless bunch. Just the other day they warned that if OPEC fails to agree on a freeze, crude oil prices will dive back to US$40, ad...
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Heroes of the Storm adds Alliance king Varian Wyrnn and fire lord Ragnaros Death isn’t the end of a beloved Blizzard character. The developer announced during the opening ceremonies for BlizzCon in Anaheim today that Varian Wyrnn and Ragnaros will become the newest characters in Heroes of the...
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Looking at the universe of stocks we cover at Dividend Channel, on 11/8/16, American Electric Power Company, Inc. (NYSE: AEP), Entergy Corp (NYSE: ETR), and AmeriGas Partners LP (NYSE: APU) will all trade ex-dividend for...
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GoPro and Fitbit may have already hit Wall Street peak Wearables have gone out of fashion on Wall Street. Shares of GoPro and Fitbit got slammed by steep selloffs Thursday after the companies forecasted surprisingly weak holiday sales on top of disappointing quarterly result...
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CBS and Time Warner talked merger over the summer

New York Post - 4 Nov 2016 05:32
CBS and Time Warner talked merger over the summer CBS Corp., which on Thursday reported solid third-quarter results, had representatives meet with Time Warner about a possible get-together just weeks before AT&T announced it was buying the cable-TV and film conglomerate...
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Looking at the universe of stocks we cover at Dividend Channel, on 11/8/16, Pfizer Inc (NYSE: PFE), ResMed Inc. (NYSE: RMD), and EverBank Financial Corp (NYSE: EVER) will all trade ex-dividend for their respective upcomi...
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Looking at the universe of stocks we cover at Dividend Channel, on 11/8/16, J.M. Smucker Co. (NYSE: SJM), Dana Inc (NYSE: DAN), and Penske Automotive Group Inc (NYSE: PAG) will all trade ex-dividend for their respective ...
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India gold discounts back, safe-haven buying props up China demand Dealers in India, the world's second largest consumer of the gold, were offering a discount of up to $3 an ounce over official domestic prices this week
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How to curb spending on kids' holiday gifts

CBSNews - 4 Nov 2016 21:03
The money parents lay for children's presents can be outrageous, so tricks like per-person limits are smart
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Bharat Financial: It is time for a hard look on valuations There is still time for Bharat Financial Inclusion to be an HDFC Bank of the microfinance industry
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To take an extreme example Facebook is indicated as having an overall tax rate of 40.5%. I can actually tell you how they got that number. According to its 2015 10-K (Page 57) Facebook had "Income before provision for in...
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Fitbit Gets More Than a Slap on the Wrist

Barron's - 4 Nov 2016 04:46
Fitbit Gets More Than a Slap on the Wrist Shares of the maker of connected health and fitness devices provided "disastrous" guidance.
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WASHINGTON
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The government failed US workers on global trade -- it must do better on tech GUEST: Global trade and investment have been great engines of progress for much of the world. Over the past two decades, poorer countries reduced the gap between themselves and their richer counterparts for the first tim...
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No Laptop, No Phone, No Desk: UBS Reinvents the Work Space

The New York Times - 4 Nov 2016 00:16
The bulk of UBS's employees will no longer have a fixed desk at its new building in London as the Swiss bank embraces a more mobile work environment.
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British Columbia-based oil and gas company Woodfibre LNG says it is proceeding with a proposed liquefied natural gas development in what would be the province's first such project. B.C. Premier …
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