Business


Sears in spat with maker of Craftsman power tools

The supplier had threatened to. In an interview with the Chicago Tribune last week, Lampert had hinted that vendors were treating the company like a "pariah". One World is part of the Techtronic conglomerate, which in turn was reportedly one of the companies interested in buying the Craftsman brand a year ago.



Sinclair Acquires Tribune Media for $3.9 Billion

Sinclair apparently won out over another reported suitor: media giant 21st Century Fox, which The Financial Times reported last week was also in talks with private equity firm Blackstone in a joint bid to acquire Tribune Media. Tribune shareholders will receive $35 a share in cash and Sinclair stock worth about $8.50 as of Friday. But more troublesome for Fox, which has already lost Fox News boss Roger Ailes and personalities Bill O'Reilly and Megyn Kelly, may be Sinclair's political ties.



Intercede Group plc (IGP) Earns Corporate Rating from FinnCap

A number of other research analysts have also weighed in on NVA. JPMorgan Chase & Co. reduced their price target on shares of International Personal Finance Plc from GBX 180 ($2.33) to GBX 155 ($2.00) and set an "underweight" rating on the stock in a research report on Friday, March 17th.



Oasis Petroleum Inc. (OAS) Bonds Drop 0.8% During Trading

BofA/Merrill had a markedly different take on 11/05/2017, proposing that Oasis Petroleum Inc.is now considered Neutral versus prior Buy rating. Stock market analysts watching Oasis Petroleum Inc. BlackRock Advisors LLC boosted its stake in shares of Oasis Petroleum by 231.4% in the third quarter. Finally, Bellwether Investment Group LLC boosted its stake in shares of Oasis Petroleum by 39.3% in the first quarter.



Australian banks lick wounds after tax hit

Treasurer Scott Morrison has demanded the banks "pony up" and do their part for budget fix on Wednesday, while warning them not to hit households by passing on higher costs to home owners or shareholders. "Don't confirm their worst impressions". "We can't afford to stop there", Mr Morrison told the lower house on Thursday. The Turnbull government's signature company tax cut will cost an eye-watering $65.4 billion over 10 years from July 1, 2017, the Prime Minister has confirmed, a more ...



Alibaba Group Holding Ltd (BABA) PT Raised to $135.00

Barclays PLC increased their target price on Alibaba Group Holding from $130.00 to $132.00 and gave the company an "overweight" rating in a research note on Wednesday, May 10th. Jefferies maintained Alibaba Group Holding Ltd (NYSE:BABA) rating on Thursday, November 3. The stock rose 0.18% or $0.22 reaching $120.38 per share. MD increased its stake in Alibaba Group Holding by 102.1% in the third quarter.