Finance

by | August 25, 2016 | 01:21

Citi likes STLD as one of the lowest-cost operators in the US and notes that the company has been generating mill EBITDA margins five percent above the industry average over the last five-year and 10-year period. The company has a market cap of $6.11 billion and a PE ratio of 511.22. (NASDAQ:STLD) is 26.33 whilst its 200 day moving average is 23.56. (NASDAQ:STLD).

by | August 24, 2016 | 04:03

New home sales in the Midwest and West were mostly unchanged. Sales have climbed 12.4 per cent year-to-date. New home purchases were particularly strong in the Northeast, which saw a 40 percent increase in sales last month. Economists surveyed by The Wall Street Journal had expected home sales in July to slow to a pace of 580,000. The gain came mostly from homes not yet started or still under construction, suggesting a rebound in residential construction investment, which was a minor ...

by | August 22, 2016 | 01:29

Kipchoge won bronze and silver in the men's 5,000 metres at the 2004 and 2008 Games respectively, but was not to be denied in the rain in Rio on Sunday. "It feels good. It wasn't an easy race, but all in all I feel comfortable and then again at 35km I was all alone and that when I made my mind to break off".

by | August 21, 2016 | 00:42

Urjit Patel has been appointed the new Reserve Bank of India (RBI) Governor today. Chandrajit Banerjee, Director General, Confederation of Indian Industry (CII), said CII is confident that the new Governor will lead the Central Bank and take its developmental and regulatory agenda to new heights.

by | August 19, 2016 | 00:39

The Japanese made a desperate dive, but she failed to return it. "Let's hope for the best", she added. I was down in that game, but then I came back. She won her first three matches comfortably in straight games before being stretched to three by compatriot Yamaguchi Akane in the quarterfinals.

by | August 19, 2016 | 00:36

Given 52 percent of Britons chose to ignore dire warnings of economic collapse should the United Kingdom quit the European Union, consumers may just be more optimistic - despite a rate cut and increase in quantitative easing by the Bank of England on August 4.

by | August 19, 2016 | 00:32

Of the five categories, Lagos scored highest in culture and environment, followed by infrastructure. The City of Toronto is fourth on the Economist Intelligence Unit's annual list of most "liveable" cities once again in 2016, a spot it has held each year since 2009.

by | August 17, 2016 | 00:49

Azerbaijan has not yet got an invitation to the Algeria meeting nevertheless the country's Energy Ministry said the invitation will be surely considered, should the country receive it. "Clearly oil prices have been too low for too long, from an OPEC perspective", Krane told Trend by email. But on Monday, the comments from Russian Federation fed the oil rally, lifting September WTI crude to $45.64 a barrel, up $1.15, or 2.6%, with prices set for their highest settlement in more than three ...

by | August 15, 2016 | 01:24

Anthony scored 20 points in the game the usa won handily against China-107-57. While Team USA dominated basketball in the history of the Olympics by winning 14 gold medals, one silver and two bronze, other countries have already reach into a level to make an upset especially in the knockout stage.

by | August 14, 2016 | 00:11

Oil prices have been under pressure because of the global glut in crude, but on Thursday the International Energy Agency said its balances showed " essentially no oversupply during the second half of the year". SHAKEN: Hamburger chain Shake Shack slumped 5.8 percent after it said sales at older locations slowed down in the latest quarter. In economic news, the Labor Department reported that the number of Americans filing for first-time jobless claims fell 1,000 to 266,000, which "points to ...

by | August 13, 2016 | 00:14

Delta said it canceled almost 1,000 flights Monday, Aug. 8. Q: You and other Delta executives have been touting the airline's impressive record of days without cancelations. Luggage sits on the tarmac Monday, Aug. 8, 2016, by gates at Orlando International Airport, in Orlando, Fla., after a computer outage. Three subsequent flights to Charleston were canceled, she said, and it was unclear whether the next flight she was rebooked on would be canceled as well.

by | August 12, 2016 | 00:51

At least 11 global technology firms have partnered with Alibaba to enable them to use the Chinese e-commerce giant's cloud computing arm, Alibaba Cloud, and bring their software products to the Chinese market. In order to promote its cloud services in the foreign market, the company has chose to partner with these tech companies. On the other hand, Alibaba Cloud only accounts for around four percent of the company's total revenue.

by | August 12, 2016 | 00:50

Thrive provides training courses, seminars, e-courses, coaching and science-based support from experts in the fields of neuroscience, psychology, productivity, sports and sleep, according to a statement linked to Huffington's Facebook page.

by | August 11, 2016 | 00:24

Does OPEC meeting in September have any significance? OPEC will hold informal talks at a conference in Algiers next month , as members constantly discuss ways to stabilize the market, Mohammed Al Sada, Qatar's energy minister and holder of OPEC's rotating presidency, said August 8.

by | August 11, 2016 | 00:24

The union is set to meet with Eskom at 10:00. On Monday, 1,500 members of the National Union of Mineworkers (NUM), who are employed at various South African power stations, refused to commence their duties over the ongoing wage dispute.

by | August 11, 2016 | 00:20

An excerpt of the exchange from court documents :Ms. Renna: "Are you listening?" "Gov is doing fine. Holding his own up there", he texted back. According to the commission ruling, Renna began working for Christie in April 2010 and two years later married Michael Renna, the president and chief operating officer of pipeline developer South Jersey Energy Solutions, an affiliate company of South Jersey Gas.

by | August 10, 2016 | 00:27

Will Tesla Motors need to raise new cash to reach its goals? The company are also working continuously on their new Sedan project, the Model 3 , which is slated to be launched next year. The company also disclosed that its value of secured assets limits the ability to borrow under the asset-based revolving credit agreement with some banks as Tesla is looking to buy solar panel installer SolarCity Corp for $2.6 billion in shares.

by | August 09, 2016 | 00:20

Phelps called it a career after the London Olympics in 2012, ending his run at 27 after passing Soviet gymnast Larisa Latynina's world record haul of 18 medals. The U.S. women's eight has entered the Rio Olympics rowing competition in dominating style, winning its heat several boat lengths ahead of the Netherlands.

by | August 09, 2016 | 00:15

The programming will tie-in with Yahoo's Tumblr service where fans can connect with other viewers, and include features such as blocking spoilers on the extra content and a picture-in-picture view so viewers can continue to watch while browsing other content.

by | August 09, 2016 | 00:13

Vail will pay Whistler shareholders C$17.50 in cash and 0.0975 Vail shares for each Whistler share to take control of the Canadian ski resort. Both stocks were up in early trading Monday, with Vail Resorts shares rising about 4.9% to $151.

by | August 07, 2016 | 01:22

A spokesman for the Russian Olympic Committee said Efimova was already in Rio. "The specific team member has now left the Olympic village". The name of the Greek competitor will not be made public until his B-sample has been tested or the athlete chooses not to get a second test.

by | August 07, 2016 | 01:22

At 10:48 a.m. ET, the Dow is down 104 points (0.58%), the S&P 500 is lower by 17 points (0.8%), and the Nasdaq is off 49 points (0.95%). Energy shares in the S&P 500 edged up 1.8%, thus becoming the biggest gainer of the index's sectors.

by | August 03, 2016 | 02:01

The school did not know how to respond in the aftermath of the shooting, with many thinking the best response was to get over it, not talk about it and just carry on. Those with a license can now concealed carry in buildings including dorms and classrooms. Any handguns on campus must be holstered and out of sight.

by | July 31, 2016 | 00:36

Previous year alone, the software giant announced plans to cut roughly 7,800 jobs primarily from its phone sector, and suffered a $7.6 billion write-down related to its 2014 acquisition of Nokia, for which it paid $7.2 billion. However, Microsoft at the same time is witnessing a funeral of sorts for its smartphone division. Then in 2015, Microsoft approved a restructuring plan to cut 7,800 jobs worldwide, primarily in its smartphone division.

by | July 31, 2016 | 00:31

Currently, crude oil futures are trading 6.9% below their 100-day moving average and 7.6% below their 20-day moving average. Oil producers including BP Plc, Royal Dutch Shell Plc and Total SA reported sharp declines in second-quarter earnings as lower crude prices continued to take their toll.

by | July 26, 2016 | 05:28

Meanwhile, traditional web banner advertising, long Yahoo's strength, has become much less lucrative in the age of mobile and video. Until then, Yahoo will continue to operate independently. Although Aol and Yahoo have become the subjects of much ridicule over the last few years, combining their resources may pave the way for Verizon to rise to the top.

by | July 23, 2016 | 00:28

The U.S. Department of Justice blocked another mega merger in the health industry with a new lawsuit against two healthcare giants. A hearing on the Anthem-Cigna deal had not been scheduled, and will also wait till the matter is resolved with the DOJ, the officials said.

by | June 26, 2016 | 00:51

Asked on Saturday if he would run again should there be a leadership contest, given the vocal criticism from within his own parliamentary party, Corbyn said simply - to loud applause - "Yes, I'm here". If accepted, a secret ballot of Labour MPs could be held on Tuesday. Westminster speculation that Mr Corbyn could use a speech on the aftermath of the referendum to announce his resignation was denied by Labour, despite numerous party's pro-Remain MPs expressing despair at what they see as his ...

by | June 21, 2016 | 01:11

Volkswagen's former boss Martin Winterkorn is under investigation for having allegedly manipulated the market by holding back information about emissions cheating at the automobile giant, prosecutors said Monday . That was four days after the U.S. Environmental Protection Agency issued a Notice of Violation of the Clean Air Act to Volkswagen , alleging that the auto maker had equipped thousands of diesel vehicles with software that circumvented EPA emissions standards.

by | June 18, 2016 | 00:56

Back then, the closures included 102 Walmart Express stores and 23 Neighborhood Markets, reported the newspaper. But those employees are expected to be offered positions that will involve direct contact with shoppers, such as working in the online pickup department or as pharmacy technicians.