Finance

RIL Q2 profit falls 23% due to one-time gain a year ago

If this exceptional item is excluded, RIL's Q2FY17 profit is up 43% from Rs 5,035 crore in Q2FY16. Refining business sustained high profitability in a tough e...


Advanced Micro Devices Inc. (AMD) Issues Earnings Results

Stock performance in last five sessions is recorded as 1.57% while year to date (YTD) performance is 29.09%. The Short Ratio for the stock is 2.44. EPS or Earni...


BNY Mellon profit beats estimates on lower costs

US based company, The Bank of New York Mellon Corporation's (BK)'s latest closing price was 3.80% from the average-price of 200 days while it maintained a dis...


Lower revenue, Mexico problems hurt Kansas City Southern profit

EPS growth for this year is -3.30% and EPS growth for next year is expected to reach at 12.92%. In late July, anti-government protests blocked Kansas City So...


U.S. Bancorp (NYSE:USB) To Report December 2016 Results

With their stock price now trading around $24.25, the firm has proven a solid track record of growth over the past few years. Prudential Financial Inc. The tran...


Visa CEO Steps Down 'To Spend Time With Family'

Kelly will begin working as CEO-designate on October 31. Kelly said in an interview with Reuters that he "got a front row seat to the various opportunities an...


Pfizer Inc. (PFE) Ready to Launch Remicade Biosimilar

The New Brunswick, New Jersey-based company posted revenue of $17.82 billion in the quarter, up from $17.1 billion a year ago. J&J's forecasts for 2016 had as...


Emails show concern over Bill Clinton's Wall Street speech

Mike Pence broke from his running mate Donald Trump Sunday in acknowledging that United States intelligence indicates Russian Federation is behind the hacks of ...


Francisco Liriano available for Toronto in Game 2

Less than 24 hours after Indians ace Corey Kluber shut down the Blue Jays, Josh Tomlin gets the call for Cleveland . But that's exactly what Cleveland's dyna...


Kendall Jenner Testifies Against Alleged Stalker Amid Family's Security Crisis

Warning: If this doesn't give you the creeps, nothing will. McKenzie is charged with misdemeanour stalking and trespassing and could face up to six months in ...


NTSB: Damage to New Jersey train hampering investigation

An Associated Press analysis of data from January 2011 through July 2016 found that trains run by NJ TRANSIT have been involved in 157 accidents since the sta...


US producer prices rose in September on energy, food costs

More stable commodity costs and a diminishing effect from last year's surge in the dollar are allowing for more price pressures in the production pipeline. Earl...


Hershey Co (HSY) CEO John Bilbrey to Retire Next Summer

Following his retirement, Bilbrey will continue as a non-executive chairman of the company's board. Hershey said it would review internal and external candi...


Why do evangelicals prefer Donald Trump to Hillary Clinton?

Falwell is one of many social conservatives who condemned Trump for bragging about sexual assault, but then adamantly stood by the nominee. Falwell hims...


Rand takes a dump as Zuma fights for survival

He is expected to be joined by members of the Kathrada Foundation board including former President Kgalema Motlanthe, Tourism Minister Derek Hanekom, struggle s...


Wells Fargo CEO John Stumpf retires, replaced by Tim Sloan

Plus, word that Snapchat parent Snap is closer to an IPO and Wells Fargo's (WFC) announcement that its CEO is retiring have keyboards clacking. "I am grateful...


Tensions flare as Republicans clash over Trump

Campaign chairman John Podesta said on Tuesday that the FBI is investigating Russia's possible role in hacking thousands of his personal emails, an intrusion he...


Sarepta Therapeutics Inc. (SRPT) Receives Outperform Rating from Robert W. Baird

Other research analysts also recently issued reports about the stock. Post opening the session at $61.55, the shares hit an intraday low of $55.72 and an intrad...


Wells Fargo CEO hammered over sham accounts scandal

Wells Fargo is now paying out $4.1 million at the request of the Department of Justice for its illegal repossession of 431 cars of servicemembers without a co...


Why Ford Australia is shutting up shop

The Ford factory at Broadmeadows, as well as the engine plant at Geelong, will close on Friday. About 600 workers will lose their jobs - many of them who have...


Snapchat parent working on IPO valuing firm at $25 bln or more

Instagram's Snapchat competitor, Instagram Stories, now has 100 million users, CEO Kevin Systrom told BuzzFeed in an interview marking the Facebook-own...


India's private sector economy losses momentum: Composite PMI

Tim Moore, senior economist at IHS Markit, said: "UK construction companies moved back into expansion mode during September, led by a swift recovery in resident...


Russia suspends cooperative nuclear research deal with US

Security Council on North Korea during the phone conversation, which was organised at the request of the USA side, Russia's Foreign Ministry said. The governm...


VP debate: Mike Pence, Tim Kaine take center stage

Bob Barnett, a Washington lawyer, helped Kaine , while Wisconsin Governor Scott Walker , who was one of Trump's rivals in the GOP primary season, assisted ...


Markets Right Now: Bank stocks lead a rebound on Wall Street

The news spooked investors, who continued a dramatic sell-off until late in the day, when a fresh report by Agence France-Presse suggested that a 14 billion U.S...


Donald Trump, "Hillary is Not Loyal to Anyone, Especially Bill"

Trump's allies defended him during appearances on the Sunday news shows. The only recent poll that put Trump on a stronger footing was conducted by LA Ti...


Bill Clinton to make trio of Conn. stops for Hillary Clinton

In a statement, the Clinton campaign said, "this bombshell report reveals the colossal nature of Donald Trump's past business failures and just how long he may ...


Societe Generale rogue trader's damages owed cut to 1m euro

It was just the latest step in an eight-year saga in which Societe Generale pulled itself back from the brink of bankruptcy and Kerviel spent almost five months...


Trump Rented Space To Iranian Bank Later Linked To Terrorism

While it was illegal for American citizens to engage in business deals with Iran, it's now unknown if the bank was given an exception and obtained a license to ...


USA stocks rally as Deutsche Bank surges

Deutsche Bank faces the prospect of paying up to $14 billion to settle civil claims in the USA related to the bank's sale of mortgage-related securities. Stock...