Business


UK Conservative party loses parliamentary majority

Shadow foreign secretary Emily Thornberry said Labour "could form the next government" and would attempt to do so as a minority government if results allowed, rather than seeking to form a coalition with other progressive parties like the Lib Dems.


London Bridge attack: Eight victims confirmed dead

London Bridge attack: Eight victims confirmed dead

Two men are now in custody on suspicion of violating the Terrorism Act. The terrorist attack was claimed by IS but there is no evidence to suggest there was any overseas link to the planning and execution of the attack according to statements by London's Metropolitan Police.



Look closely Shares of: Kimco Realty Corporation (KIM)

The North Point Portfolio Managers Corp holds 262,397 shares with $11.59 million value, down from 271,257 last quarter. Itau Unibanco Hldg Sa now has $71.05 billion valuation. The price/earnings ratio (P/E) is 37.90 and the forward P/E ratio stands at 28.47. The firm has "Outperform" rating by Macquarie Research given on Monday, September 14.



Chico's FAS, Inc. (CHS) Downgraded by Zacks Investment Research

Its price to sales ratio of 0.51 ranks lower than the industry's 1.69. Chico's FAS Inc. ( CHS ) has surged 0.42% and closed its last trading session at $9.47. Nasdaq.com's article titled: "Ex-Dividend Reminder: James River Group Holdings, Reynolds American and Chico ..." and published on June 06, 2017 is yet another important article.


Tesla Motors, Inc. Posted gains of 2.88% in the Last Trade

Tesla Motors, Inc. Posted gains of 2.88% in the Last Trade

Vetr downgraded Tesla Inc (NASDAQ: TSLA ) on Friday, August 28 to "Strong-Buy" rating. It has outperformed by 27.73% the S&P500. Finally, Independent Research GmbH assumed coverage on shares of Tesla in a report on Tuesday, May 30th. On a consensus basis, analysts have given a recommendation of 2.90 on company shares. Therefore 62% are positive. H & R Block had 16 analyst reports since August 25, 2015 according to SRatingsIntel.


Oil prices tank to November levels on unexpected rise in USA inventories

Oil prices tank to November levels on unexpected rise in USA inventories

Crude oil imports meanwhile rose by 356,000 barrels per day versus the prior week, the EIA said, with refineries running at 94.1% of their operating capacity. USA crude futures CLc1 were up 24 cents, or 0.5 percent, at $45.98 (35.48 pounds) a barrel at 0026 GMT. The group also reported a lift in gasoline and distillate inventories too, again an outcome that was not expected.