Finance

Active Volume Stock: Teva Pharmaceutical Industries Limited (NYSE:TEVA)

Current stock price is in the upbeat territory taking into account of 20 days moving average with -1.56% and continued bullish run for 50 days moving average with 4.88%. In the liquidity ratio analysis; quick ratio for most recent quarter was 0.60 while current ratio for time period was 0.90. Number of analysts are covering this stock and now stock has got OUTPERFORM rating from 16 analysts of Thomson Reuters, 5 analysts given HOLD rating to the stock and 1 given UNDERPERFORM rating. Read More

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Trump set to move on Mexican border wall

Trump set to move on Mexican border wall

Congressman Henry Cuellar on Friday met with Mexican leaders, senators and businessmen in Mexico City to discuss the U.S. -Mexico relations and the importance of trade between the two countries. Mr Trump views the wall - a major promise during his election campaign - as part of a package of measures to curb illegal immigration. Trade ties are in the balance after Mr Trump vowed to renegotiate the North American Free Trade Agreement and slap high tariffs on American companies that have ... Read More

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Google parent Alphabet's profit shortfall disappoints investors

In early January, it was reported that Google was planning to sell its satellite business to its competitor, Planet Labs, Inc . Microsoft reported $26.1 billion revenue, more than analysts' projections. For the quarter ending in December, the company formerly known as Google earned $9.36 per share versus expectations of $9.63. Alphabet has roughly $86 billion in cash and marketable securities. Read More

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Trump welcomes British PM Theresa May for first foreign visit

Trump welcomes British PM Theresa May for first foreign visit

Trump then treated the world to the sight of an American president declaring that torture "works", though he indicated his views on this were trumped by those of Defense Secretary Mattis. Mrs May and Mr Trump are due to hold a joint press conference in the East Room of the White House following their talks. "Obviously, that's important in the United Kingdom national interest and I believe it's important in the US national interest", May said . Read More

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EXTRA: Diageo Beats Expectations As Pound Reversal Fortifies Results

EXTRA: Diageo Beats Expectations As Pound Reversal Fortifies Results

The company said the figures reflected accelerated organic growth and favourable exchange rates. Today's half year results show the weaker pound helped push its operating profits up by £460m - or 28%. The top end of the consensus range for organic net sales had been growth of 3.7%, so the result pleased analysts. While this report doesn't equal the 10% gains in this market earlier in 2016, it signifies sustained growth. Read More

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The Australian Dollar Knocked by Inflation Shock

The Australian Dollar Knocked by Inflation Shock

But the December quarter and any prospective growth in prices in the three months to March won't produce any change to the no rate move approach of the RBA for all of this year. Wednesday's data showed inflation was fuelled by a 6.7 per cent increase in petrol prices in the quarter and a 7.4 per cent jump in tobacco prices as a result of an increase in excise. Read More

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Safran To Buy Zodiac Aerospace for €8.5 Billion

Safran To Buy Zodiac Aerospace for €8.5 Billion

If the deal goes ahead, the combined companies would rank as the third largest aerospace company in the world, with around 92,000 employees, €21.2 billion in revenue and a €2.7 billion operating income. Analysts have expressed mixed views about whether it would make sense for Safran to renew its interest in Zodiac, which had a market value of 6.7 billion euros at Wednesday's close. Read More

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Here's How Donald Trump Just Sent the US Dollar Diving

That spurred a ferocious selling spree among traders and investors, sending the dollar to its lowest level against Japan's currency in nearly two months. Trump said that the border-adjustment plan, which would tax imports and exempt exports, is "too complicated". The sell off - which traders linked to an interview the President-elect gave to the Wall Street Journal - erased some of greenback's recent gains. Read More

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Bank of America profit rises 43%

Bank of America profit rises 43%

This may seem surprising, especially because the current share price is almost 50% higher than what the bank spent on its own shares past year. Current quarter revenue movements show that, the company has set average revenue estimates of $20.85B covering forecast of 17 analysts. Read More

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Reactions to End of the US 'Wet Foot, Dry Foot' Cuban Policy

Reactions to End of the US 'Wet Foot, Dry Foot' Cuban Policy

At the end of 2014, President Barack Obama first announced that after five decades of tense relations between the United States and Cuba, the two nations were committed to restoring diplomatic ties. "The Bahamas government welcomes this decision, particularly as it believed that this policy was believed to be driving the rise in Cuban landings in The Bahamas". Read More

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Def Leppard, Poison, and Tesla announce U.S. tour

Def Leppard, Poison, and Tesla announce U.S. tour

In very related news , Def Leppard unveiled a video for " Animal ", which is part of their concert film And There Will Be A Next Time - Live From Detroit. Ticket prices are $26.50 to $122. It's the first time in more than five years Poison is hitting the road with its original lineup of Bret Michaels, Rikki Rockett, C.C. Read More

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As OPEC cuts production, traders send European oil to Asia

BMI Research was quoted by Reuters as saying: "Compliance to the OPEC/non-OPEC oil production cut appears to be positive, and that we calculate compliance with production cuts at around 73%". The greater than expected build to oil inventories could largely be attributed to a significant increase to imports, which rose week over week by 1.9 million barrels per day to 9.1 million barrels per day. Read More

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Canadian firm acquires American Apparel - but not all of it

Canadian firm acquires American Apparel - but not all of it

The auction attracted interest, as well, from top brands like Amazon, Forever 21, and Authentic Brands Group - although it remains unclear if any of these other firms made formal bids. While once a ubiquitous brand name for young people due to its risqué advertisements and commitment to use non-sweatshop labour, American Apparel financially collapsed under its own massive debts earlier this year and has tried to restructure a couple of times. Read More

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Volkswagen unveils XXL Tiguan Allspace

Volkswagen based the stretched Tiguan on the MQB architecture, which was a no-brainer considering the segment this model's positioning. By auto industry standards, the Tiguan is quite large as it is almost 11 inches longer and 57 per cent larger cargo space than its predecessor. Read More

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Lions vs. Cowboys: Full Report Card Grades for Dallas

Lions vs. Cowboys: Full Report Card Grades for Dallas

He passes sailed, his decision making waned and the Lions would never score again. They are all in-sync with one another and look like viable Super Bowl contenders. "He can throw the football". Whether the Lions win or lose against the Cowboys, they will be playing the Green Bay Packers for first place in the NFC North next week either way. Read More

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Boeing CEO vows to keep Air Force One costs below $4 billion

Trump described the Wednesday meeting as "a little bit of a dance" but promised to "get the cost down". "And so it's not quite as easy as it might seem to get these costs down". The U.S. Government Accountability Office estimated the entire Air Force One program to cost about $3.2 billion from the 2010 through 2020 fiscal years, including $2 billion for research and development. Read More

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