Business

Durable goods orders fell in May by the most in 18 months

Durable goods orders fell in May by the most in 18 months

A closely watched proxy for business investment in new equipment, orders for nondefense capital goods excluding aircraft, fell 0.2% in May from the prior month but was up 2.3% year-to-date. Total orders for durable goods fell 1.1 per cent to US$228.2 billion, almost twice the decline forecast by analysts. Still, the April core reading was up 0.2% rather than a breakeven reading that had been reported on a preliminary basis.



Takata, brought down by airbag crisis, files for bankruptcy

US drivers can log onto www.safercar.gov to search for recalls affecting their auto using its 17-digit vehicle identification number, which is located on the driver's side of the dashboard near the windshield. Japanese air bag maker Takata Corp . on Monday filed for bankruptcy protection, as part of a restructuring scheme to restore its business batte. Takata says the passenger side air bags contain an improper amount of generant, which produces the gas that makes them inflate.



Is the Whole Foods acquisition the beginning of Amazon's endgame?

The deal is subject to approval from both the regulators and shareholders and the company expects the deal to close in 2H17. The remarks offered a preview into how e-commerce giant Amazon might turn around the sluggish sales of Whole Foods since announcing on Friday it would buy the company for $13.7 billion, including debt.



Arafura Resources Ltd (ARU.AX) Moves -1.85%

Ladenburg Thalmann Financial Services Inc. now owns 11,014 shares of the basic materials company's stock worth $167,000 after buying an additional 1,167 shares in the last quarter. Century Incorporated has invested 0.15% in Tesla Inc (NASDAQ:TSLA). Among 47 analysts covering Facebook ( NASDAQ:FB ), 44 have Buy rating, 1 Sell and 2 Hold.


Buffett's company buys 10 pct of real estate investment firm

Buffett's company buys 10 pct of real estate investment firm

That lack of public visibility may change now that Berkshire Hathaway Inc . Store Capital markets itself as a leader in "Single Tenant Operational Real Estate", and has investments in over 1750 property locations with a total value over $5.5 billion as at 31 March 2017, according to the company's website.



BP plc (BP) Insider Purchases £318.24 in Stock

The company has market cap of 3.32 billion GBP. Progressive Bank, N.A. (the Bank) is a community bank and operates over nine full service branch offices. The rating was maintained by N+1 Singer with "Buy" on Thursday, December 15. The stock of ITV plc (LON:ITV) has "Buy" rating given on Monday, January 30 by Jefferies.