Business

Morgan Stanley Smashes Expectations In Stellar Q4 Report

Meeder Asset Management Inc scooped up 57,851 additional shares in Morgan Stanley during the most recent quarter end, the firm said in a disclosure report filed with the SEC on Jan 11, 2017. On seventh day of the earnings report price change of the stock was 3.17%. Trading in debt securities and stocks has surged after Donald Trump's surprise election victory on November 8, 2016 as investors estimated that he would push policies that would boost the USA economy and kindle inflation.

Business

WikiLeaks claims 'victory' as Obama commutes Manning sentence

Shortly after her sentencing, Manning came out as a woman and announced she wanted hormone therapy to help with her transition. "The bottom-line is this: I need help and I am still not getting it", NPR quoted Manning , who at the time had been forced into solitary confinement following suicide attempts.

Business

United Kingdom inflation hits 1

Mike Prestwood of the ONS said, "This is the highest CPI has been for over two years, though the annual rate remains below the Bank of England's target and low by historical standards". 'The longer-term picture is one of structurally low inflation - due in part to demographic reasons. On a monthly basis, house prices went up 1.1 percent at the middle of the fourth quarter.

Business

Saudi Arabia Expects 2017 Growth 'Significantly Higher' Than IMF

Brent oil rose above $56 a barrel after OPEC members including Saudi Arabia said output cuts are bringing the market into balance, while the dollar weakened. Oil posted the biggest weekly decline since November as traders await proof that OPEC and other producers are following through on promises to cut production.

Business

Reynolds $49 billion takeover to create tobacco giant

The terms imply a total current value of $59.64 per Reynolds share, versus the US$47.17 BATS was originally offering, with the cash element rising from US$24.13. BAT needs at least 50% of Reynolds shareholders to approve the offer, excluding BAT. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and nine have issued a buy rating to the company.

Business

Schumer Suggests Trump's HHS Pick May Have Broken Law With Stock Buy

After Price introduced the bill, Zimmer Bioment's political action committee donated to Price's re-election effort, CNN reported . "The only pattern we see emerging is that Senate Democrats and their liberal media allies can not abide by the notion that Dr.