BoE: Inflation to hit 2.7% but settle in medium term

But while higher inflation might suggest higher interest rates, the central bank is anxious also about economic growth, which would get further hurt by a rate hike. But the Bank's policymakers said weaker consumer spending would be offset by rising business investment and an improving trade performance as the weak pound and solid overseas demand boost exports.

Snap Inc. loses $2.2B in first quarter as public company

Also interesting: Snap's CFO Drew Vollero said that the company generated $8.3 million of "other" revenue during the quarter, which was primarily driven by sales of the company's Spectacles glasses. But by then, Facebook had 552 million, more than three times as many as Snapchat. Spiegel had a biting response to Facebook's copycat tactics: "Just because Yahoo has a search box doesn't make it Google".

DDR Corp. (DDR) closed its previous trading session at $9.62

Kanaly reported 0% of its portfolio in DDR Corp (NYSE:DDR). Canaccord Genuity reduced their target price on shares of DDR Corp from $20.00 to $16.00 and set a hold rating on the stock in a research report on Friday, February 24th. If you are reading this news story on another domain, it was copied illegally and reposted in violation of USA & worldwide copyright & trademark legislation.

Noble's (NE) Buy Rating Reiterated at Jefferies Group LLC

Creative Planning's holdings in Noble were worth $323,000 as of its most recent SEC filing. LS Investment Advisors LLC raised its stake in Noble by 5.6% in the third quarter. Noble Energy's dividend payout ratio (DPR) is presently -17.24%. An issue of Noble Co. If you are viewing this piece of content on another domain, it was stolen and republished in violation of USA & worldwide trademark and copyright legislation.

Suspect arrested in New York City attack on German tourist

Suspect arrested in New York City attack on German tourist

Police say no sex assault occurred during the other two robberies. "He is a level three sex offender", Boyce said of Robinson, noting that the suspect had ended his parole from an earlier conviction in January. "He comes up to her, puts her in kind of like a headlock, and says 'Give me your bag, I have a gun, '" said NYPD Chief of Detectives Robert Boyce. "Robs a female and sexually assaulted her, as well".

CEO Evan Spiegel Just Lost $1.22 Billion After Snapchat Earnings

Snap stock was down 24% on the news during afterhours trading. Snap's stock plunged as much as 25 percent in after hours trading Wednesday as the company reported steep losses, light user growth and lower sales than expected. Analysts polled by FactSet were expecting a loss of $1.92 per share. "If you ask any teen how they use Snapchat, (most) say they use it to text people", Britton said.