• Morgan Stanley Downgrades Fifth Third Bancorp to Equalweight
Morgan Stanley Downgrades Fifth Third Bancorp to Equalweight

Morgan Stanley downgraded Fifth Third Bancorp from an "overweight" rating to an "equal weight" rating and lowered their target price for the stock from $21.00 to $20.00 in a report on Tuesday, July 5th. This is a change of 0.00% from open which creates a gap of 0.00%. The company has a market cap of $92.10 million. On Jun 6, 2016, Citigroup said it...

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  • Licencing London's Contactless Ticketing System
Licencing London's Contactless Ticketing System

Cubic, which also operates the MetroCard as well as ticketing systems in cities like Chicago, Sydney and Brisbane, needed to come to an agreement with TfL in order to incorporate a "vast array" of back-office features from London's fare payment technology that belonged to TfL.

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  • Trump nears VP decision; contenders holding their breath
Trump nears VP decision; contenders holding their breath

The Trump campaign said the announcement would take place Friday at the New York Hilton Midtown at 11 a.m. Jason Miller, Trump's senior communications adviser, added: "A decision has not been made by Mr. Ryan tells reporters Thursday: "I hope that he picks a good movement conservative". Pence endorsed Texas Sen. The Indiana governor's approval ...

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  • Froome keeps yellow jersey amid 'mayhem' in Tour de France
Froome keeps yellow jersey amid 'mayhem' in Tour de France

As a result, Froome lost time to all of his General Classification rivals, although it was not immediately clear if Froome would lose the yellow jersey as race officials can rule to neutralise the race and ensure that Froome would keep his lead.

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  • House bill allows companies to deny abortion coverage
House bill allows companies to deny abortion coverage

The House of Representatives will vote on a top pro-life legislative priority tomorrow, when it is likely to pass a bill created to keep people in the healing professions from being compelled to take part in abortions. You must cover this procedure. The Obama Administration's refusal to enforce the civil right of conscience is not only unfair and...

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  • Short Term Rating on Level 3 Communications (LVLT)
Short Term Rating on Level 3 Communications (LVLT)

Analysts at Citigroup said in a note that Level 3 is their "top pick" within their coverage group due to its growth, financial flexibility, valuation and strategic options. The stock has received "Overweight" rating after consensus analysis from analysts. 3 Months Ago, the stock has been rated as "Buy" from 9 Analysts. Return on Assets (ROA) fo...

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  • Bank of England holds interest rates at 0.5%
Bank of England holds interest rates at 0.5%

It came as a surprise for market makers: the Bank of England left borrowing costs at 0.5% on Thursday in spite of the Brexit fears. "Interestingly the minutes appear to open the door to more QE, noting that "the precise size and nature of any stimulatory measures" is yet to be determined".

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  • Cairn Energy slaps $5.6 bn compensation notice on India
Cairn Energy slaps $5.6 bn compensation notice on India

The company is claiming full compensation for the Dollars 1 billion value lost following the tax notice and freezing of its 9.8 percent shares in Cairn India. The Centre has also maintained that the UK-India Investment Treaty does not include tax arbitrations. An LIC spokesperson said: "It has been reported in sections of the media that Chairman'...

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  • USA safety agency seeks answers on fatal Tesla Autopilot crash
USA safety agency seeks answers on fatal Tesla Autopilot crash

NHTSA has set a deadline of July 29 for Tesla to respond to its highest priority questions about the fatal Florida crash. At least three recent accidents, one fatal, have involved drivers using Autopilot, though specifics of how much the drivers were still involved in piloting the cars at the time are not available.

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  • Prime Day deals with prices that beat Black Friday
Prime Day deals with prices that beat Black Friday

USA customers can find steep discounts on TVs, including a Samsung Curved 55-Inch 4K Ultra HD Smart TV ($649.99), a 32-inch Roku Smart TV ($119.99) and a 32-inch LED TV ($99.99). New deals will frequently roll out throughout the day so don't forget to bookmark and save items you're interested in to come back to later. Amazon is also devotin...

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  • SEC Investigating Tesla for Failing To Disclose Fatal Crash
SEC Investigating Tesla for Failing To Disclose Fatal Crash

As U.S. auto safety regulators moved forward in a probe of a fatal accident involving Autopilot in May, Musk said in an interview that owners of Tesla's luxury electric cars need more education on using the technology. According to emerging reports , the US electric vehicles manufacturer, Tesla Motors Inc (NASDAQ:TSLA) has confirmed that a Mode...

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  • ESPY Awards: Conor McGregor wins Best Fighter, Holly Holm captures Best Upset
ESPY Awards: Conor McGregor wins Best Fighter, Holly Holm captures Best Upset

Other finalists in the category included UFC welterweight champion Robbie Lawler, Gennady Golovkin, Canelo Alvarez and Roman Gonzalez. Holly Holm also walked away with an ESPY for Best Upset for her knockout victory of the previously undefeated Rousey at UFC 193 for the women's bantamweight championship.

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  • Gates Hit U.K. Real Estate Funds After Brexit Vote
Gates Hit U.K. Real Estate Funds After Brexit Vote

In extreme cases this can lead to forced selling of funds' property assets, which can affect prices in the wider market. The Standard Life fund had a cash position of just over 13 per cent, while Aviva's fund had 9.3 per cent in cash at the end of May and M&G's fund had 6.7 per cent at the end of June.

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  • Pokémon GO has finally been officially launched in the UK
Pokémon GO has finally been officially launched in the UK

With the help of Pokemon Go Plus, you need to always open your phone to catch the Pokemon . Even if the game is still not available in your country, you can try to play by resorting to a few tricks. This can be apparently done by the Pokemon Go Plus accessory which was released in some markets for $34.99. In the augmented reality gam...

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  • Oil rises after big losses; glut concerns likely to persist
Oil rises after big losses; glut concerns likely to persist

Crude stockpiles at Cushing, Oklahoma, the delivery point for WTI and the biggest USA oil-storage hub, decreased by 232,000 barrels to 63.9 million, the lowest levels since January, the report showed. Crude futures were also buoyed by the weaker dollar, which makes dollar-denominated oil cheaper for buyers using stronger currencies. Oil prices ...

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  • Germany's Bayer increases offer for seed company Monsanto
Germany's Bayer increases offer for seed company Monsanto

In return, Ludwigshafen, Germany-based BASF would likely receive newly issued shares in Monsanto , the people said. This morning, Monsanto announced that it was in talks with BASF SE (BASFY) to purchase the German chemical maker's agricultural-solutions business.

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  • Starbucks Creates New Upscale Stores with Italian Bakery Princi
Starbucks Creates New Upscale Stores with Italian Bakery Princi

Starbucks CEO Howard Schultz told said, "This is an opportunity for us to elevate food". The coffee giant has made an investment in high-end Italian bakery and pizzeria Princi that allows it to develop and operate all new Princi locations outside of Italy, including in the US, and to offer Princi baked goods in Starbucks' new specialty c...

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  • A New HR Derby Winner, Stanton Steals The Show
A New HR Derby Winner, Stanton Steals The Show

There's less pressure on the players , so they can just go up there and swing. "I knew I could do it if I was in there, luckily my bat path stayed where it needed to". With the crowd trying to energize Myers, he did not have a great showing as he only hit 10 and did not reach the bonus. Stanton's homer total flew past Bobby Abreu's 2005 record ...

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  • U.S. jobless claims unchanged as labour market picks up speed
U.S. jobless claims unchanged as labour market picks up speed

Today's report issued by the Department of Labor showed 254,000 new jobless claims were filed for the week ending July 9, unchanged from the prior week' unrevised level. The labour market is on a strong footing, with non-farm payrolls increasing by a robust 287,000 jobs in June, which experts figure should underpin economic growth for the rest of t...

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  • US producer prices rose in June at fastest pace in 13 months
US producer prices rose in June at fastest pace in 13 months

As energy costs stabilize and the retraining influence of a strong dollar dissipates, a slowly improving economy will probably lead to a more sustained pickup in price pressures. Prices for services rose 0.4 per cent after gaining 0.2 per cent in May. Stripping out food and energy prices, the PPI rose 0.4 percent month over month in June, reflect...

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