Business


NewsAlert: Canada's unemployment rate falls to 6.5 per cent, lowest in years

Nationally, the unemployment rate fell last month to its lowest level since the start of the last major recession almost nine years ago, but wage growth stalled to its weakest in more than two decades, Statistics Canada said. The new report adds to evidence that the job market remains healthy. Unemployment in the world's largest economy fell to the lowest rate in 10 years due to a strong rebound in job creation in April, bringing relief to Donald Trump after disappointing economic data early ...


Does Trump's early-morning tweet admit he gave Russia classified information?

Does Trump's early-morning tweet admit he gave Russia classified information?

Trump posted two tweets Tuesday morning, explaining himself after the stories about his disclosure of classified information. White House officials denied the allegations and called the story "false". The White House was already reeling from its botched handling of Trump's decision last week to fire James Comey, the FBI director who was overseeing the Russian Federation investigation.



Kuwait backs call to extend oil output cuts

Brent crude was up 2.6% at $52.15. The most important market news of the day. BP (BP) added 1.3%. The contracts closed 7 cents and 1 cent higher respectively Friday. It has been concerned with the increase in United States shale gas production, and so increased its oil output to drive down prices in a bid to make shale gas exploration economically unattractive.


Analyst Activity - BTIG Research Reiterates Buy on Ambac Financial Group (NASDAQ:AMBC)

Analyst Activity - BTIG Research Reiterates Buy on Ambac Financial Group (NASDAQ:AMBC)

Ambac Financial Group, Inc., a financial services holding company, provides financial guarantees and other financial services to clients in both the public and private sectors worldwide. The correct version of this piece can be accessed at https://transcriptdaily.com/2017/05/12/ambac-financial-group-inc-ambc-given-buy-rating-at-btig-research.html.



Valeant Pharmaceuticals Intl Inc (VRX) Receives Average Rating of "Hold" from Brokerages

A number of other research firms have also issued reports on VRX. BTIG Research reaffirmed a "neutral" rating on shares of Valeant Pharmaceuticals Intl in a research report on Wednesday, May 10th. Investors measure stock performance on the basis of a company's earnings power. Commonwealth Bank of Australia raised its stake in Valeant Pharmaceuticals Intl by 53.9% in the third quarter.



Synchrony Financial (SYF) PT Lowered to $35.00 at Deutsche Bank AG

Breaking that down further, it has performed -7.06% for the week, -18.59% for the month, -26.25% over the last quarter, -11.29% for the past half-year and -8.03% for this a year ago. On average, equities analysts expect that Synchrony Financial will post $2.60 EPS for the current year. The company has Beta Value of 0 and ATR value of 0.92.