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Leaked Docs Show RBS Pushed Small Businesses Towards Closure
Documents leaked to the media have revealed that British bank, the Royal Bank of Scotland (RBS) actively adopted predatory practices to squeeze more profits from struggling businesses. Internal emails leaked to Buzzfeed and the BBC refer to a project called
Read MoreRolls-Royce turns bullish on management’s optimistic view
Following the poor fiscal 2016 first-half results, the share price of the top-end car and aero-engine manufacturing company Rolls-Royce Holdings Plc (RR.LS) dropped about 20% to £700 in the second-week of September. After a brief period of consolidation, to the
Read MoreRumours of acquisition keeps Twitter bullish
The share price of online social networking service provider Twitter (NYSE: TWTR) is rallying for the past one week. There is no official news aiding the rally. The market had a bearish view of the stock, considering the eighth consecutive
Read MoreDaimler to drive high on Mercedes-Benz sales
From the low of $56.50 recorded in the first week of July, the share price of Daimler AG (OTC: DDAIF) has appreciated by nearly 20% to $69.35 as of Tuesday’s close. The stock was least affected in the aftermath of
Read MoreBoA turns bullish on closing its legacy asset division
The second largest bank in the US, The Bank of America (NYSE: BAC), holds strong buy recommendation from a dozen equity research firms, including Raymond James, Jefferies, and Oppenheimer. The bank did beat the earnings estimates of analysts in the
Read MoreMasterCard faces $18 billion lawsuit in UK
The share price of electronic payment service provider MasterCard Inc. (NYSE: MA) has started to retreat once again after hitting the $100 mark. The stock made numerous valiant attempts to break the $100 barrier in the past six months. However,
Read MoreUK Trade Secretary Calls British Businesses Too Lazy To Boost Exports
UK International Trade Secretary Liam Fox has stirred up a storm after saying that British corporate executives are too lazy to work hard and improve the country’s export capabilities. The controversial comments were made by Fox at a social function
Read MoreBroadcom Q3 results beat estimates, issues strong Q4 view
The share price of the semiconductor chip manufacturer Broadcom (NASDAQ: AVGO) declined by about $6 in the past one week after the company reported a swing to a loss in the fiscal 2016 third-quarter. The Q3 revenue and earnings, however,
Read MoreMedtronic’s Q1 EPS beat estimates, confirms FY17 EPS view
Medical technology and services company Medtronic Plc (NYSE: MDT) reported a 1% y-o- y decline in the fiscal 2017 first-quarter revenue. However, the revenue was in line with the analysts’ estimates. The Q1 earnings also topped the Street views. Considering
Read MoreDeere’s Q3 revenue miss estimates, trims FY16 review
Last Friday, the world’s largest farm equipment manufacturer Deere & Company ‘John Deere‘ (NYSE: DE) reported fiscal 2016 third-quarter earnings that beat the analysts’ estimates. The astounding Q3 earnings and the raise in the fiscal 2016 EPS guidance have propelled
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