• HMV Canada will close all of its stores

    HMV Canada will close all of its stores

    Finance

    According to the Canadian Press, senior Justice Geoffrey B. Morawetz appointed Gordon Brothers Canada ULC and Merchant Retail Solutions ULC as the agent to sell HMV's merchandise. Remaining HMV stores will maintain regular opening hours until their final vacate dates, court sale guidelines said, and may advertise with "store-closing", "everything-on-sale" and "everything-must-go" signs.
  • EPL - Watford dent Arsenal hopes

    EPL - Watford dent Arsenal hopes

    Finance

    If they were to have any chance of winning the title this season, Arsenal had to win their games before Saturday's crunch showdown with Chelsea. The visitors broke the deadlock in the 10th minute when defender, Younes Kaboul drilled home a free-kick from 25-yards out.
  • Volkswagen Group is the world's biggest carmaker

    Finance

    The news surprised many analysts too, as Volkswagen have had to recall millions of vehicles because of the emissions cheating scandal that the business accepted and later settled in United States courts by paying a steep compensation. Dieselgate though impacted VW in Europe, where 2016 sales slowed down to 4 percent YoY growth (4,206,500 units). According to published figures, Volkswagen delivered 10.31 million cars (1.03 Crore) in 2016.
  • President Donald Trump Mocks Chuck Schumer for 'Fake Tears'

    President Donald Trump Mocks Chuck Schumer for 'Fake Tears'

    Finance

    Schumer, D-N.Y., began to cry as he met a family with three children that came from Syria this month, only weeks before President Donald Trump on Friday indefinitely suspended US entry for travelers from the war-torn nation. Her flight out of the USA left just minutes before a federal judge in NY challenged the President's ban and issued a nationwide stay Saturday that prevented anyone detained from being deported.
  • German inflation picks up in January

    Finance

    Consumer prices rose by 1.9 percent year-on-year, federal statistics office Destatis said, up from a rate of 1.7 percent recorded in December. It slightly undershot forecasts of a 2.0 percent rise and sent the euro to an 11-day low. Portuguese yields hit their highest level in about a year PT10YT=TWEB. Euro zone inflation has been gathering pace, led by Germany. ECB President Mario Draghi will now have to balance calls from the Bundesbank and other German economic commentators to control ...
  • General Motors to move 625 jobs from Canada to Mexico

    General Motors to move 625 jobs from Canada to Mexico

    Finance

    Unifor's national president Jerry Dias says the decision "reeks of corporate greed" and is a clear sign that the North American Free Trade Agreement must be renegotiated. About 2,800 people work at the Ingersoll facility manufacturing the Chevrolet Equinox and GMC Terrain. But several industry insiders have argued that Canada is most likely not the target that Trump has set his sights on.
  • Southwest Airlines Company (LUV) Downgraded by Vetr Inc. to

    Southwest Airlines Company (LUV) Downgraded by Vetr Inc. to "Buy"

    Finance

    Montford sold 510 shares of the company's stock in a transaction that occurred on Thursday, December 15th. Southwest Airlines Company (NYSE:LUV) last announced its earnings results on Thursday, January 26th. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink . Tracking the stock price in relation to moving averages may provide enhanced perspective on stock performance .
  • TransCanada moving forward on Keystone XL project

    TransCanada moving forward on Keystone XL project

    Finance

    Trump directed the State Department and other agencies to make a decision within 60 days of a final application. The pipeline would carry 830,000 barrels a day of petroleum, mostly from the Canadian oil sands to Nebraska where it would continue to refineries along the Gulf of Mexico.
  • American Airlines Unit Revenue Grows

    American Airlines Unit Revenue Grows

    Finance

    Though net income was down 64.8% in 2016 compared to 2015, significant non-cash income tax provisions related to valuation in each year skews year-over-year comparisons. Prior to the company reporting, consensus estimates based on data from Zacks Research projected the company to report EPS of $1.68. Analysts rating the company a 4 or 5 indicate a Sell recommendation.
  • Alibaba's Online Payments Affiliate Is Said to Eye US Acquisition

    Finance

    Ant is owned by the billionaire Jack Ma and is affiliated with Alibaba, the giant Chinese e-commerce company. Alex Holmes , CEO of MoneyGram , said Ant Financial is an ideal partner. Moneygram International Inc's Board of Directors has already approved the deal. Ant Financial will be funding the deal to merge with Moneygram International Inc with cash.
  • Australian Inflation lower than expected

    Finance

    While economists expected inflation would rise above 1 per cent in the December quarter, the increase was slightly larger than expected. Prices for tradable goods and services were 0.1 percent lower in the year to December 2016. But it's unlikely to worry the Reserve Bank when its board meets in a fortnight for the first monetary policy meeting of the year. Also, consumer inflation will continue to trend below the Reserve Bank of Australia's target band of 2-3 percent since September ...