Bank of England Warns of Rising Squeeze on Consumers Spending 0

Mark Carney who is the Governor of Bank of England (BoE) has issued a warning that the consumer spending of United Kingdom might dip in 2017 because of decline in real wages and increasing inflation. Carney while making a presentation

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Increasing Litigation Costs Make Wells Fargo Turn Weak 0

Wells Fargo and Company (NYSE: WFC) which has been hit by scandal recently has warned in its quarterly filing last Friday that the entire litigation expenses can go up by $2 billion; an increase of $200 million from its earlier

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Citigroup Posts Fiscal 2017 First Quarter Revenues of $18.12 Million 0

The stocks of Citigroup Inc (NYSE: C) gained approximately 3 percent this week which closed at $59 yesterday. The main reason for the increase in the prices of share is the 17% year on year increase in Q1 fiscal 2017

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F5 Network Issues Poor Q3 Outlook after Missing 2017 Estimates 0

The stocks of F5 Network Inc. (NASDAQ: FFIV); which is a leading content management and internet traffic solutions provider registered a drop of 7% last week and closed at $129.13 According to the analysts, they speculated for a lower than

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Rio Tinto Stocks Weaken after Iron Ore Rout 0

The stock of Rio Tinto Plc lost approximately $1 Billion or 5% of its market capitalisation and closed at $38.94 last week. No prizes for guessing the same. The iron ore prices fell below $70 per tonne. It gave a

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Eurosceptic Candidates Take Lead in French Polling 0

The Canadian Dollar begins to dip low last week after crude oil has nudged down to $50 per barrel. The Canadian Dollar is further weakened after the dairy trade dispute between Canada and United States. On the other hand, 0.8%

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