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Industrial Production Rose 0.9% in December

Industrial Production Rose 0.9% in December

The U.S. Federal Reserve said on Wednesday industrial output surged 0.9% last month, also bolstered by robust gains in mining production after a downwardly-revised 0.1% decline in November. Capacity use, a measure of slack in the industrial economy, increased 0.7 percentage point to 77.9% in December. The output of mining grew 1.6% after increasing 0.1% in November. Consulte Mais Informação

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Cambiar Investors LLC Has $347.33 Million Holdings in Schlumberger Limited. (SLB)

Cambiar Investors LLC Has $347.33 Million Holdings in Schlumberger Limited. (SLB)

SLB trades at a forward P/E of 35.46, a P/B of 2.73, and a P/S of 3.68, compared to a forward P/E of 19.09, a P/B of 1.28, and a P/S of 0.75 for MDR. Citigroup raised their price target on Schlumberger from $77.00 to $80.00 and gave the stock a "buy" rating in a report on Thursday, October 5th. As per Wednesday, August 19, the company rating was maintained by S&P Research. Consulte Mais Informação

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Japan appoints

Japan appoints "special ambassador" for Western Balkans

Prime Minister Shinzo Abe, who is scheduled to meet leaders of the six visited countries, is accompanied by representatives of over 30 Japanese companies. Japan has chose to appoint a special ambassador for the Western Balkans countries which will be in charge for the non-EU states - Serbia, Bosnia and Herzegovina, Montenegro, fYROMacedonia, Kosovo and Albania - Norio Maruyama (photo), Director-General for Press and Public Diplomacy in the Japanese Foreign Ministry said that at a meeting with ... Consulte Mais Informação

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UBM and Informa in talks over possible merger, UBM shares jump

UBM and Informa in talks over possible merger, UBM shares jump

The two companies said in a joint statement on Tuesday that they were in discussions about a share-and-cash offer, while they could announce a possible price as soon as Wednesday, two people close to the situation said. 'We see strategic merits for Informa but only modest earnings per share accretion depending on synergies, and this looks a very full price ex synergies with execution risks for mid-term like-for-like and margin'. Consulte Mais Informação

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Colorado moves up on 'best states to retire' list

Colorado moves up on 'best states to retire' list

According to WalletHub , Colorado now ranks as the second-best state in the country to retire, behind only Florida. Last year, Colorado ranked No. 5, behind Florida, Wyoming, South Dakota and SC. " WalletHub compared the 50 states across 41 key indicators of retirement-friendliness". Contributing to New Jersey's low rank, the state came in dead last for affordability, accompanied by mediocre scores in quality of life and healthcare. Consulte Mais Informação

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Infiniti to launch pure electric auto in 2021, further insist on electrification

Infiniti to launch pure electric auto in 2021, further insist on electrification

With this electrified product push, Infiniti anticipates that more than half its global sales will comprise of hybrids and purely electric vehicles by 2025. "Customers can expect beautifully-designed vehicles, like the Q Inspiration concept shown in Detroit , with a whole new level of electrified driving performance as an evolution of Infiniti's current powertrains", the car-maker said. Consulte Mais Informação

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NYC sets affordable homes record: 24500 financed in 2017

NYC sets affordable homes record: 24500 financed in 2017

Almost half of these affordable homes were for individuals making less than $33,400 per year or $43,000 for a family of three. In 1989, under Koch, the city financed just over 23,100 affordable homes, according to the Associated Press . In the last four years, the city has preserved or created over 87,500 affordable dwellings, enough to house almost 164,000 people in all, the mayor said. Consulte Mais Informação

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Goldman Sachs Q4 Adj. Profit, Revenues Beat View

Goldman Sachs Q4 Adj. Profit, Revenues Beat View

Thematic Ptnrs Ltd owns 2.88% invested in The Goldman Sachs Group, Inc. (The) by 1.0% in the second quarter. Capital World Investors lifted its stake in shares of Goldman Sachs Group by 10.5% during the 2nd quarter. The Manufacturers Life Insurance Company lifted its stake in shares of Goldman Sachs Group by 47.1% during the 2nd quarter. Finally, Vertical Group downgraded shares of Goldman Sachs Group from a "hold" rating to a "sell" rating in a report on Monday, November 6th. Consulte Mais Informação

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Revolut launches travel insurance product

Revolut launches travel insurance product

Users have the option to activate the feature themselves and may also adjust their policies accordingly, e.g.to add winter sports cover or companions. The scheme, which Revolut claims to be the first of its kind, can be turned on and off from a user's phone. Pay-per-Day travel insurance will sit alongside Revolut's new device insurance as the banking challenger builds out its suite of smart insurance products, with further cutting edge developments expected to be revealed in the coming months. Consulte Mais Informação

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Heathrow unveils expansion proposals

Heathrow unveils expansion proposals

It sets out potential locations to expand terminal infrastructure: east of Terminal 2, west of Terminal 5, or a new satellite terminal by the third runway. Airlines had expressed concerns that the fees could be hiked to fund works. Willie Walsh, chief executive of British Airways owner IAG ICAG.L , said Heathrow had to become cheaper for its expansion to succeed, in an article in the Financial Times earlier this week. Consulte Mais Informação

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Committee on Climate Change criticises Clean Growth Strategy

Committee on Climate Change criticises Clean Growth Strategy

Required under the Climate Change Act, the strategy sets out the next steps to reduce the UK's greenhouse gas (ghg) emissions and tackle climate change. Now less than 5% of new vehicle sales are "alternatively fuelled", which also includes hybrid models. Three-fifths of new cars and vans will need to be electric by 2030, if the government is to succeed in meeting legal emissions targets, a new report has warned. Consulte Mais Informação

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