Business
Sinclair Broadcast to buy Tribune Media in $3.9 billion deal
Tribune Media has a slightly higher market capitalization on Friday at $3.5 billion, after shares ended trading at $40.29 each. Sinclair Broadcasting is on the verge of a deal to acquire Tribune Media, creating a local television behemoth.
Business
Centurylink CTL (NYSE:CTL) Issued With 'Market Perform' Rating At Cowen
Several research analysts recently weighed in on the company. Equities researchers at Jefferies Group reduced their FY2017 earnings per share (EPS) estimates for shares of Centurylink in a note issued to investors on Thursday. TRADEMARK VIOLATION WARNING: This story was published by [[site]] and is owned by of [[site]]. If you are viewing this news story on another publication, it was illegally stolen and reposted in violation of US & global trademark & copyright laws.
Business
China April exports rise 8.0 pct, missing forecasts
Separate data published on Monday revealed that the value of the Chinese central bank's FX reserves increased by $20bn to $3,030bn in April. Last year, China met 64.4 percent of its crude oil demand with imports because of high production costs at home and favorable worldwide prices resulting from the global glut.
Business
Ascena Retail Group, Inc. (NASDAQ:ASNA) reported Market Capitalization of 769.52 Million
It has underperformed by 43.54% the S&P500. Based on their most recently released notes to investors, 0 analysts have a rating of "buy", 0 analysts "outperform", 10 analysts "hold", 0 analysts "underperform" and 1 analysts "sell". Commonwealth Equity holds 13,018 shares. Us Commercial Bank De holds 0% or 4,234 shares in its portfolio. 98,903 were reported by Zebra Cap Management Lc.
Business
Be wary of White House claims about tax plan
But that's not double. He unambiguously came out in favor of raising taxes on the rich, including himself. "By 'additional growth, ' I mean over and beyond what forecasters typically predict", said Alan Cole, an economist at the Tax Foundation .
Business
Jim Cramer -- Newell Brands Is on Fire
Newell Brands shares have climbed almost 4 percent since the beginning of the year, while the Standard & Poor's 500 index has risen 7 percent. Several investment firms issued their expert ratings on Newell Brands Inc. Newell Brands had a return on equity of 13.59% and a net margin of 3.98%. The business's quarterly revenue was up 165.0% on a year-over-year basis.