Markets

Markets Swiss Firm ABB to Buy GE's Industrial Solutions Business
Author: 0 Swiss Firm ABB to Buy GE's Industrial Solutions Business

In 2016, the GE business had sales of $2.7 billion. ABB's portfolio includes similar products. Once the deal completes, GE Industrial Solutions will be integrated into ABB's Electrification Product division. GE has been under pressure from activist investor Nelson Peltz's Trian Fund Management to sell assets and focus on higher-margin businesses. GE's industrial solutions division includes about 13,500 employees who make and sell high-performance software and control solutions and offer ...

Markets Arsenal vs West Bromwich Albion preview
Author: 0 Arsenal vs West Bromwich Albion preview

Lacazette's playing style has drawn comparisons to Wright since he joined Arsenal as the club's record signing from Lyon this summer, and Wenger said the two definitely have things in common. Yet the visit of West Brom will evoke painful memories of the 3-1 defeat at The Hawthorns in March, when two Craig Dawson headers from Albion corners exposed Arsenal's inability to master the most basic defensive requirements.

Markets An Quant Insider's Look at Magellan Midstream Partners, LP (NYSE:MMP)
Author: 0 An Quant Insider's Look at Magellan Midstream Partners, LP (NYSE:MMP)

The stock decreased 0.64% or $0.07 on September 22, reaching $10.8. Enable Midstream Partners LP (NYSE:ENBL) has risen 21.66% since September 23, 2016 and is uptrending. It also reduced Comcast Corp New (NASDAQ:CMCSA) stake by 3.19M shares and now owns 2.57 million shares. Institutional investors now hold around $1.26 billion or 56.1% in DM stock.

Markets Oil Holds Gains As Producers Say Market Rebalancing
Author: 0 Oil Holds Gains As Producers Say Market Rebalancing

In May, OPEC and non-OPEC members led by Russian Federation agreed to extend production cuts of 1.8 million barrels per day for a period of nine months until March 2018 in a bid to reduce global oil inventories and support oil prices. He said Brent futures got an additional boost in late trade when Nigeria's oil minister said in Vienna that his country, which OPEC had exempted from the output cuts, was actually pumping less crude than its agreed cap.

Markets Rio Tinto to buy back another $US2.5b of shares
Author: 0 Rio Tinto to buy back another $US2.5b of shares

Rio Tinto is channeling more money back to shareholders after the mining industry staged a dramatic comeback following a 2015 collapse in commodity prices. The firm has a 50-day moving average of GBX 3,570.46 and a 200-day moving average of GBX 3,303.48. The company has market cap of 91.69 billion GBP. Bremer Trust National Association bought a new position in shares of Rio Tinto plc during the first quarter valued at approximately $428,000.

Markets Apple's former GPU maker Imagination agrees to £550 million sale
Author: 0 Apple's former GPU maker Imagination agrees to £550 million sale

Trump's September 14 veto followed a negative report from CFIUS on Canyon Bridge's attempt to pay $1.3 billion for Lattice Semiconductor , a chip maker based in Hillsboro, Oregon. Imagination, whose graphics power Apple's iPhone , licenses graphics and video-processing technology to semiconductor companies. Imagination's sale to Canyon Bridge is contingent upon the sale of MIPS to Tallwood.

Markets CEA Arvind Subramanian gets 1-year extension, confirms Finance Ministry
Author: 0 CEA Arvind Subramanian gets 1-year extension, confirms Finance Ministry

Subramanian, whose term was to end on October 16, will continue as the CEA for another year, the Ministry of Finance confirmed in a statement. "The news of his resignation was wrong". Subramanian is now on leave for "public service" from his position as the Dennis Weatherstone Senior Fellow at the Peterson Institute for International Economics, Washington.

Markets Australia To Join The Space Race As Industry Blasts Off
Author: 0 Australia To Join The Space Race As Industry Blasts Off

Nearly 200 written submissions on the new agency have been received by a reference group, while more than 400 people have been consulted across Australia. . States and territories have been jockeying for the establishment of a dedicated space agency over the past few months. The program is proposing to establish space-based weather measurement instruments along the 120E/60W meridian, which passes through Australia and Antarctica, in order to provide a global picture of unfolding space ...

Markets Major flight delays across Australia
Author: 0 Major flight delays across Australia

Worldwide and domestic flights have been delayed at Sydney Airport on Monday morning due to a technical issue. A tweet was issued by Air Services Australia saying they are working to fix the issue and continue to control traffic safely.

Markets US, North Korea in kindergarten fight' - Lavrov
Author: 0 US, North Korea in kindergarten fight' - Lavrov

Frustrated that China had not done more to rein in North Korea, the Trump administration considered new sanctions in July on small Chinese banks and other firms doing business with Pyongyang, two senior US officials told Reuters. Wang told Japan Foreign Minister Taro Kono on the sidelines of a United Nations meeting in NY that the situation on the Korean peninsula was getting increasingly serious and all sides needed to remain calm.

Markets Dam failure feared in Puerto Rico, thousands evacuated
Author: 0 Dam failure feared in Puerto Rico, thousands evacuated

Forecasters say Hurricane Maria is causing risky surf and rip currents along the East Coast of the US after the storm devastated Puerto Rico. "And we need all the help we can get", said Ortiz as she stood in line for water. If everyone leaves, what are we going to do? "The priority right now is power, especially to hospitals to take care of the people that have injuries and people that are in the hospitals right now", Ramos said.

Markets Márquez surges into title lead with Aragón win
Author: 0 Márquez surges into title lead with Aragón win

Rossi, who had completed 20 training laps in Misano on Tuesday, came in 20th, more than two seconds back. But in Sunday's practice he almost hit the tarmac, somehow maintaining his balance as Rabat touched his back wheel at turn 14 - the Spaniard unable to do the same as he went sprawling across the track.

Markets Sensational Kipchoge storms to Berlin victory
Author: 0 Sensational Kipchoge storms to Berlin victory

The race, then, was down to just one of the Big 3 - Kipchoge - but luckily, no one told Adola that he wasn't supposed to be a factor here. Adola finished 14 seconds behind, and the Ethiopian surprised by pushing Kipchoge hardest. Kipsang suddenly stopped at the 30kms point and was clearly ill. The debutant made his move with around five kilometers remaining, but Kipchoge stayed on his tail and drew level by the 40-kilometer mark before pulling away for the victory.

Markets Trump tweets threat after North Korean official insults him in United Nations speech
Author: 0 Trump tweets threat after North Korean official insults him in United Nations speech

Mr Ri's highly anticipated speech to the General Assembly's annual ministerial meeting fuelled the fiery rhetoric between the USA president and North Korea's young leader. It could be that Kim felt that a direct response was crucial because of the harshness of Trump's comments. Trump tweeted Friday that Kim was "obviously a madman" who would be "tested like never before ".

Markets All Big 4 Banks Scrap ATM Charges
Author: 0 All Big 4 Banks Scrap ATM Charges

The fees are usually between $2 and $2.50, and are a source of frustration for many Australian consumers. The bank's group executive of consumer, George Frazis, said they want all Australians to use their ATMs without being stung. ANZ have 2,300 and Westpac have a nationwide ATM network of more than 3,000 ATMs which includes Westpac, St.George, BankSA and Bank of Melbourne ATMs.

Author: 0 Sentiment Report: Marathon Oil Corp (NYSE:MRO)

The company has a market cap of $28.89 billion, a price-to-earnings ratio of 24.76 and a beta of 1.56. Tightening the gaze, stock performance for the last 5 trading days is 11.01%. Jefferies Group also issued estimates for Marathon Petroleum Corporation's Q4 2017 earnings at $0.40 EPS, FY2017 earnings at $2.74 EPS, Q2 2018 earnings at $0.40 EPS, Q3 2018 earnings at $0.27 EPS and Q4 2018 earnings at $0.08 EPS.

Markets USGS says cannot confirm if North Korea quake natural or manmade
Author: 0 USGS says cannot confirm if North Korea quake natural or manmade

His comments came after Trump ordered new sanctions on individuals, companies and banks doing business with North Korea as he sought to further isolate the regime and increase economic pressure for it to curb its weapons programs. In recent months, the North has launched a pair of intercontinental missiles believed capable of striking the continental United States and another pair that soared over Japanese territory.

Markets Iowa RB James Butler To Miss At Least Three Games
Author: 0 Iowa RB James Butler To Miss At Least Three Games

Ferentz will regret going for two twice, while Penn State will be thrilled with the last-second victory in a tough environment. With just four seconds left in the game, the Nittany Lions faced a fourth-and-goal from the Hawkeye's 7-yard line .

Markets Korean rally in Pyongyang denounces Trump
Author: 0 Korean rally in Pyongyang denounces Trump

Ri Yong-ho told the General Assembly that Trump's vow to " totally destroy " his country if necessary had made "our rockets' visit to the entire USA mainland all the more inevitable". "Whatever Trump might have expected, he will face results beyond his expectation", he added. Ri said the president's speech was an "irreversible mistake making it inevitable" that North Korean rockets one day would hit the US mainland.

Markets Benzema's new Real deal has one bln euro buyout clause
Author: 0 Benzema's new Real deal has one bln euro buyout clause

Cristiano Ronaldo is reportedly not happy with one of his teammates, to the extent he's even reached out to manager Zinedine Zidane about dropping him from the team. Antonio Sanabria scored the match-winning goal for Real Betis in the 94th minute to shock the hosts, marking their first Liga win at the Bernabeu since 1998.