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Fortune
Deutsche Bank CEO Pressed to Assure Investors Bank Is SolventIn a memo to employees today, Deutsche Bank co-CEO John Cryan told his colleagu
Deutsche Bank CEO Pressed to Assure Investors Bank Is Solvent
Fortune / Posted a minute ago
In a memo to employees today, Deutsche Bank co-CEO John Cryan told his colleagues that they could reassure their clients that “Deutsche Bank remains absolutely rock-solid.” It was a startling admission of vulnerability for the bank’s unflinching... Read more
1m
Fortune
Sears Is Closing at Least 50 More StoresSo where is Sears’ promised transformation into a modern day retailer? The dep
Sears Is Closing at Least 50 More Stores
Fortune / Posted a minute ago
So where is Sears’ promised transformation into a modern day retailer? The department store company has talked a good talk in the last few years about turning itself from a traditional retailer dependent on big box stores into one that is more... Read more
1m
USA Today
Ask Matt: Why is cheap oil bad for stocks?Q: Why is cheap oil bad for stocks? A: Falling oil prices are routinely blamed
Ask Matt: Why is cheap oil bad for stocks?
USA Today / Posted a minute ago
Q: Why is cheap oil bad for stocks? A: Falling oil prices are routinely blamed for hurting stocks. It might seem counterintuitive, but seeing a commodity market in free fall makes most investors nervous. Cheap oil on its face should be a boon for... Read more
1m
USA Today
Amid global tumult, U.S. stocks tumble ahead of openStocks are set to open sharply lower again on Wall Street Tuesday as stock futu
Amid global tumult, U.S. stocks tumble ahead of open
USA Today / Posted a minute ago
Stocks are set to open sharply lower again on Wall Street Tuesday as stock futures tumbled after a brief oil rally faded and tumult in global stock markets continued overnight with Japanese shares falling more than 5%. Global investors are... Read more
4m
KOB 4 Albuquerque
Fortis buying electric transmission company ITC for $6.9BNEW YORK (AP) — Canadian utility Fortis is buying electric transmission company
Fortis buying electric transmission company ITC for $6.9B
KOB 4 Albuquerque / Posted 4 minutes ago
NEW YORK (AP) — Canadian utility Fortis is buying electric transmission company ITC Holdings in a cash-and-stock deal valued at about $6.9 billion as it looks to further diversify its business. ITC owns and runs high-voltage transmission facilities... Read more
15 related stories
4m
KSWO Lawton-Wichita Falls
Home prices rise across E. TexasIf you're looking for a home in East Texas, expect to pay more. That's accordi
Home prices rise across E. Texas
KSWO Lawton-Wichita Falls / Posted 4 minutes ago
If you're looking for a home in East Texas, expect to pay more. That's according to new real estate data from across the state, which shows home prices continue to rise. Early data shows 2016 is on pace with last year for growing home sales and... Read more
5m
The Age
Australian Open serves hotels an occupancy aceChoice Hotels Asia-Pac has formed a strategic alliance with boutique luxury bra
Australian Open serves hotels an occupancy ace
The Age / Posted 5 minutes ago
Choice Hotels Asia-Pac has formed a strategic alliance with boutique luxury brand Adara Hotels Apartments, which includes Adara Camperdown in Sydney. Tennis greats Novak Djokovic and Angelique Kerber weren't the only winners at this year's... Read more
2 related stories
6m
The Age
Shopping Centres Australasia forecasts solid growthGreenbank Shopping Centre, south of Brisbane, bought by SCA for $23 million. Ph
Shopping Centres Australasia forecasts solid growth
The Age / Posted 6 minutes ago
Greenbank Shopping Centre, south of Brisbane, bought by SCA for $23 million. Photo: David Millar Shopping Centres Australasia has offset the softer sales growth from the ongoing supermarket wars with a rise in specialty store turnover to report a... Read more
2 related stories
6m
The Age
Hotel investment tipped to reach $12 billionAfter Far East Organisation and Sino Group agreed to pay $445,300,000 for the l
Hotel investment tipped to reach $12 billion
The Age / Posted 6 minutes ago
After Far East Organisation and Sino Group agreed to pay $445,300,000 for the landmark Westin Sydney, there has been plenty of attention for the sector. The boomtime for the Asia Pacific hotel sector is tipped to attract a proportion of the forecast... Read more
2 related stories
6m
Market Watch
UniCredit profit hit by strategic revampMILAN--UniCredit SpA said Tuesday that its fourth-quarter net profit dropped 10
UniCredit profit hit by strategic revamp
Market Watch / Posted 6 minutes ago
MILAN--UniCredit SpA said Tuesday that its fourth-quarter net profit dropped 10%, hit mainly by costs related to its recently announced strategic plan, but still beat analysts forecasts that it would report a loss. Italy's largest bank by assets... Read more
6m
West Moreland Gazette
BAE Systems gets £201m from MoD to progress development of Successor submarine at Furness yardTHE Ministry of Defence has awarded BAE Systems £201m to further the design of
BAE Systems gets £201m from MoD to progress development of Successor submarine at Furness yard
West Moreland Gazette / Posted 6 minutes ago
THE Ministry of Defence has awarded BAE Systems £201m to further the design of a successor to the Royal Navy's Vanguard class submarines. The funding will allow the business to mature the design of the new class of submarines, which will carry the... Read more
2 related stories
6m
Market Watch
PayPal appoints Sri Shivananda as chief technology officerPayPal Holdings Inc. PYPL, -4.16% appointed Sri Shivananda as the company's new
PayPal appoints Sri Shivananda as chief technology officer
Market Watch / Posted 6 minutes ago
PayPal Holdings Inc. PYPL, -4.16% appointed Sri Shivananda as the company's new chief technology officer, the company said Tuesday. Shivanda will begin April 1 and will take over from James Barrese, who the company said will "step down to take time... Read more
6m
Market Watch
Deutsche Bank Co-CEO Cryan says bank 'rock-solid'FRANKFURT-- Deutsche Bank AG co-Chief Executive John Cryan on Tuesday sought to
Deutsche Bank Co-CEO Cryan says bank 'rock-solid'
Market Watch / Posted 6 minutes ago
FRANKFURT-- Deutsche Bank AG co-Chief Executive John Cryan on Tuesday sought to reassure employees about the bank's finances, saying that while it would likely raise legal provisions this year, the lender "remains rock-solid." Mr. Cryan's comments,... Read more
3 related stories
6m
Market Watch
CVS profit grows, but outlook softCVS Health Corp. reported higher profit and revenue in its fourth quarter drive
CVS profit grows, but outlook soft
Market Watch / Posted 6 minutes ago
CVS Health Corp. reported higher profit and revenue in its fourth quarter driven by growth in its pharmacy businesses, but the company gave a soft earnings forecast for its current quarter. CVS said it expects earnings of $1.14 a share to $1.17 a... Read more
3 related stories
6m
Market Watch
CVS growth boosted by acquisitions, pharmaCVS Health Corp. reported higher profit and revenue in its fourth quarter, as r
CVS growth boosted by acquisitions, pharma
Market Watch / Posted 6 minutes ago
CVS Health Corp. reported higher profit and revenue in its fourth quarter, as recent acquisitions and strength in its pharmacy-services business continue to drive growth. CVS's reimbursement rates have been under pressure as more drugs are dispensed... Read more
3 related stories
6m
Market Watch
RetailMeNot offers soft outlookRetailMeNot Inc. on Tuesday reported revenue that came in ahead of its guidance
RetailMeNot offers soft outlook
Market Watch / Posted 6 minutes ago
RetailMeNot Inc. on Tuesday reported revenue that came in ahead of its guidance range in the fourth quarter as earnings fell less than Wall Street had expected. However, the company offered a soft outlook for the current year, missing analyst... Read more
6m
Market Watch
Yelp stock suffers price target cuts and slumps 5%Shares of Yelp Inc. YELP, -11.27% fell 5% in premarket trade Tuesday after the
Yelp stock suffers price target cuts and slumps 5%
Market Watch / Posted 6 minutes ago
Shares of Yelp Inc. YELP, -11.27% fell 5% in premarket trade Tuesday after the company's weaker-than-expected financial outlook and CFO resignation prompted a handful of price target cuts on its stock. RBC Capital cut its 12-month target to $33 from... Read more
6m
Market Watch
Wendy's profit, revenue top estimatesWendy's Co. reported fourth-quarter profit that beat expectations as it continu
Wendy's profit, revenue top estimates
Market Watch / Posted 6 minutes ago
Wendy's Co. reported fourth-quarter profit that beat expectations as it continues to see benefits from operating fewer of its restaurants itself. Shares of Wendy's, up 7.9% over the past three months, rose 3.5% to $10.50 in light premarket trading... Read more
3 related stories
6m
Market Watch
Tesla's stock falls after price target cut, but analyst sees chance of a reboundTesla Motors Inc.'s stock TSLA, -8.99% dropped 4.7% in premarket trade, after A
Tesla's stock falls after price target cut, but analyst sees chance of a rebound
Market Watch / Posted 6 minutes ago
Tesla Motors Inc.'s stock TSLA, -8.99% dropped 4.7% in premarket trade, after Analyst Brian Johnson at Barclays cut his price target to $165 from $180, saying, "expectations on fundamentals need to come in check." Johnson reiterated his underweight... Read more
6m
The Irish Times
Deutsche Bank is ‘rock solid’ - John Cryan Co-CEO reassures employees after shares plunge John Cryan, co-chief executive
Deutsche Bank is ‘rock solid’ - John Cryan
The Irish Times / Posted 6 minutes ago
Co-CEO reassures employees after shares plunge John Cryan, co-chief executive officer of Deutsche Bank told employees that the bank is “rock solid” seeking to reassure markets after a plunge in the shares.... Read more
3 related stories
6m
The Irish Times
Vestas record order intake points to strong 2016Denmark’s Vestas beat forecasts with record orders for new wind turbines last y
Vestas record order intake points to strong 2016
The Irish Times / Posted 6 minutes ago
Denmark’s Vestas beat forecasts with record orders for new wind turbines last year, signalling continued strong demand for renewable energy despite a plunge in fossil fuel prices. Hit by overcapacity and the withdrawal of some government subsidies... Read more
6m
The Irish Times
Property market still depressed with sales at 50% below ‘normal’Turnover of Irish residential property is barely 50 per cent of what is conside
Property market still depressed with sales at 50% below ‘normal’
The Irish Times / Posted 6 minutes ago
Turnover of Irish residential property is barely 50 per cent of what is considered “normal” in a healthy housing market. According to the GeoDirectory database, there were just 43,428 residential property transactions last year from a total stock of... Read more
6m
Investopedia
Japanese Stocks Ravaged, 10 Year Bonds Go NegativeOn Tuesday, Japan’s stock market – measured by Nikkei 225 Index – plummeted by
Japanese Stocks Ravaged, 10 Year Bonds Go Negative
Investopedia / Posted 6 minutes ago
On Tuesday, Japan’s stock market – measured by Nikkei 225 Index – plummeted by 5.4% (at the time of writing) amid growing concerns of a slowdown in the global economy, which made investors turn towards safer havens such as government bonds. As a... Read more
3 related stories
7m
Spartanburg Herald-Journal
Fortis buying electric transmission company ITC for $6.9BNEW YORK (AP) � Canadian utility Fortis is buying electric transmission company
Fortis buying electric transmission company ITC for $6.9B
Spartanburg Herald-Journal / Posted 7 minutes ago
NEW YORK (AP) � Canadian utility Fortis is buying electric transmission company ITC Holdings in a cash-and-stock deal valued at about $6.9 billion as it looks to further diversify its business. ITC Holdings Corp. shareholders will receive $22.57 per... Read more
15 related stories
7m
Sydney Morning Herald
Shopping Centres Australasia forecasts solid growthGreenbank Shopping Centre, south of Brisbane, bought by SCA for $23 million. Ph
Shopping Centres Australasia forecasts solid growth
Sydney Morning Herald / Posted 7 minutes ago
Greenbank Shopping Centre, south of Brisbane, bought by SCA for $23 million. Photo: David Millar Shopping Centres Australasia has offset the softer sales growth from the ongoing supermarket wars with a rise in specialty store turnover to report a... Read more
2 related stories
7m
Sydney Morning Herald
Hotel investment tipped to reach $12 billionAfter Far East Organisation and Sino Group agreed to pay $445,300,000 for the l
Hotel investment tipped to reach $12 billion
Sydney Morning Herald / Posted 7 minutes ago
After Far East Organisation and Sino Group agreed to pay $445,300,000 for the landmark Westin Sydney, there has been plenty of attention for the sector. The boomtime for the Asia Pacific hotel sector is tipped to attract a proportion of the forecast... Read more
2 related stories
7m
Sydney Morning Herald
Australian Open serves hotels an occupancy aceChoice Hotels Asia-Pac has formed a strategic alliance with boutique luxury bra
Australian Open serves hotels an occupancy ace
Sydney Morning Herald / Posted 7 minutes ago
Choice Hotels Asia-Pac has formed a strategic alliance with boutique luxury brand Adara Hotels Apartments, which includes Adara Camperdown in Sydney. Tennis greats Novak Djokovic and Angelique Kerber weren't the only winners at this year's... Read more
2 related stories
7m
KLTV 7 Tyler
Home prices rise across E. TexasIf you're looking for a home in East Texas, expect to pay more. That's accordi
Home prices rise across E. Texas
KLTV 7 Tyler / Posted 7 minutes ago
If you're looking for a home in East Texas, expect to pay more. That's according to new real estate data from across the state, which shows home prices continue to rise. Early data shows 2016 is on pace with last year for growing home sales and... Read more
7m
WSB-TV 2 Atlanta
Coke beats Street 4Q forecasts; Diet Coke volume fallsCoca-Cola's global soda volume rose in the fourth quarter, even as Diet Coke co
Coke beats Street 4Q forecasts; Diet Coke volume falls
WSB-TV 2 Atlanta / Posted 7 minutes ago
Coca-Cola's global soda volume rose in the fourth quarter, even as Diet Coke continued to suffer declines. The world's largest beverage maker said Tuesday that unit volume worldwide, which reflects average daily sales, rose 2 percent in the final... Read more
8 related stories
7m
WFTV 9 Orlando
After challenging holiday, Sears to speed up store closingsHOFFMAN ESTATES, Ill. (AP) — Following a "challenging" holiday season, Sears wi
After challenging holiday, Sears to speed up store closings
WFTV 9 Orlando / Posted 7 minutes ago
HOFFMAN ESTATES, Ill. (AP) — Following a "challenging" holiday season, Sears will accelerate the closure of some of its stores. Comparable-store sales in the fourth quarter dropped 6.9 percent at Sears, and 7.2 percent at Kmart, which the also... Read more
2 related stories
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