Business

Turkey electoral board rejects request to annul referendum

Turkey electoral board rejects request to annul referendum

Turkey's top electoral board will consider objections Wednesday to the way the country's referendum was run, according to Turkey's semi-official Anadolu news agency. "We have said this over and over in my speeches". Erdogan rejected accusations that the new powers were aimed at personal gain rather than improving Turkey's political system.


Freeport-McMoran Copper & Gold, Inc. (NYSE:FCX) Under Analyst Spotlight

Freeport-McMoran Copper & Gold, Inc. (NYSE:FCX) Under Analyst Spotlight

On average, analysts expect that Freeport-McMoRan will report full year earnings of $0.97 per share for the current year, with EPS estimates ranging from $0.73 to $1.28. Freeport-McMoRan had a negative net margin of 28.09% and a positive return on equity of 3.52%. To make a proper assessment, investors seek a sound estimate of this year's and next year's earnings per share (EPS), as well as a strong sense of how much the company will earn even farther down the road.


Sports Direct gains foothold in the United States with acquisitions

Sports Direct gains foothold in the United States with acquisitions

Sports Direct has agreed a deal to buy Eastern Outfitters, the parent of United States discount chain Bob's Stores and outdoor retailer Eastern Mountain Sports, for $101m (£78.9m). "We find the timing extraordinary". The retailers shares, which initially rose following the announcement have subsequently fallen. It also owns brand names including Slazenger, Lonsdale and Everlast.


Guns at school? Bill would allow teachers to be armed

Guns at school? Bill would allow teachers to be armed

Sen. Kelly Armstrong says Senate and House negotiators could not agree on some provisions in the bill. The Republican, representing Indiana County in Western Pennsylvania, had previously introduced the bill last session. Republican Sen. Ryan Aument highlighted the fact that the bill would not require teachers to carry firearms but merely give local school boards the authority to allow trained staff to do so.


Venezuela seizes GM vehicle plant

Venezuela seizes GM vehicle plant

A Venezuelan judge ordered the seizure of the plant, accounts and other assets in an action that GM classified as an "illegal judicial seizure". GM's subsidiary in the country - General Motors Venezolana - has operated in Venezuela for almost 70 years.