• Southwest Airlines Company (NYSE:LUV) Broker Price Targets For The Coming Week

    Southwest Airlines Company (NYSE:LUV) Broker Price Targets For The Coming Week

    Markets

    Checchi Capital Advisers LLC now owns 6,071 shares of the airline's stock worth $238,000 after buying an additional 202 shares in the last quarter. Southwest Airlines Co. Southwest Airlines's dividend payout ratio is presently 11.40%. (NYSE:LUV) despite the recent move. Zacks Investment Research raised Southwest Airlines Company from a strong sell rating to a hold rating in a research report on Tuesday, November 22nd.
  • TransCanada applies for new Keystone XL Permit

    TransCanada applies for new Keystone XL Permit

    Markets

    Girling also said the $8-billion (U.S.) pipeline project will strengthen U.S. energy security, support tens of thousands of direct and indirect jobs, and contribute approximately $3.4-billion to U.S. TransCanada argues that the Keystone XL project will create thousands of jobs and boost tax benefits for the communities along its 1,179-mile route.
  • American Airlines Unit Revenue Grows

    American Airlines Unit Revenue Grows

    Markets

    In American Airlines Group Inc (NASDAQ:AAL)'s last 12 earnings reports, it has beaten EPS estimates 100% of the time. Earnings: American Airlines Group beat on earnings. The dividend will be paid on Feb 27, 2017, to the shareholders on Feb 13. The carrier also approved a $2 billion buyback. "Our product investments are showing up in our unit revenue performance".
  • Shares of MoneyGram jump on merger deal with Alibaba unit

    Shares of MoneyGram jump on merger deal with Alibaba unit

    Markets

    Ant Financial, the company that operates Alipay, is buying MoneyGram for $880 million, its boldest move yet in a series of partnerships and investments that signal an worldwide ambition. "Remittance is a great way for us to build a presence around U.S. consumers". Ant Financial is offering $US13.25 per share in cash, according to a statement .
  • Inflation rate at 1.5 per cent in 2016

    Markets

    This reflected a 2.7-percent increase in energy prices, which was partially offset by a 3.6-percent decline in apparel prices, often down in December. The CPI data will be "highly significant to the market's view on the local policy outlook" with a 50 percent chance of the RBNZ hiking rates in August, and a full hike priced in by November, Bank of New Zealand economist Doug Steel said in a note.
  • Dow Jones eclipses 20000 for the first time

    Markets

    He will also reduce health care regulations. In early trading, the Dow rose more than 0.7 percent to 20,054.04 points. The previous record for a 1,000-point gain was 24 days from the time the Dow first reached 10,000 to 11,000 in 1999. The stock shed $2.11 to $111.80. Analysts have been anticipating 20,000 for weeks, with some believing it would happen before the end of 2016. It slid back from that high and closed at 15,643.84, up 33.15 points, or 0.21 per cent.
  • Bob Evans sells off restaurants to owners of Red Lobster

    Markets

    Both transactions will allow Bob Evans to exclusively focus on its BEF Foods packaged foods business and concludes the company's strategic review process. Separately, Bob Evans said it will purchase Pineland Farms Potato Co . for up to $140 million. Other retail investments include Eddie Bauer, J. Jill and Payless Shoesource.
  • Mexico president speaks with Canada's Trudeau ahead of Trump talks

    Mexico president speaks with Canada's Trudeau ahead of Trump talks

    Markets

    Mexico, however, has taken a slightly different line on the issue, saying it is ready "modernize" NAFTA rather than renegotiate it. A trade tariff is a tax on imported goods that is often used to make the cost of imported goods higher to USA consumers than the cost of goods made domestically.
  • Sale to Verizon Delayed Until Second Quarter

    Sale to Verizon Delayed Until Second Quarter

    Markets

    Due to the incomplete " work required to meet closing conditions ", the closing has been postponed to the next quarter . " Verizon continues to work with Yahoo to assess the impact of data breaches", the company said in a statement. In 2016, Verizon announced it was buying Yahoo! for $4.8 billion, but some have questioned acquisition price could be in flux because of the widespread hacking, which affected almost 1 billion accounts.
  • China's Yancoal grabs Rio Tinto's coal mines in $2.45bn deal

    China's Yancoal grabs Rio Tinto's coal mines in $2.45bn deal

    Markets

    The sale includes Rio Tinto's largest Australian coal operation, located in the Hunter Valley. The buyer, Yancoal Australia Ltd., will give Rio Tinto an initial payment of $1.95 billion. Yancoal Australia is listed on the Australian Securities Exchange. Rio Tinto has now announced or completed at least $US7.7 billion ($A10 billion) of divestments since 2013.
  • Mortgage rates down slightly

    Mortgage rates down slightly

    Markets

    The best 30 year refinance jumbo fixed rate loans are being quoted at 3.750% at the bank and April of 3.888% today. 20 year loans have been listed at 4.220% at the bank yielding an April of 4.367% today. Independent of mortgage rates, PHH's own stock price dropped to 14.57 down -0.19. (Adds background, table, graphics link) NEW YORK, Jan 19 (Reuters) - Interest rates on USA 30-year fixed-rate mortgages declined for the third straight week to their lowest since early December, mortgage ...