Business

Shares in estate agents Foxtons, Countrywide slump on lettings clampdown

Shares in estate agents Foxtons, Countrywide slump on lettings clampdown

The ban on letting agency fees will help ease the burden on 4.3 million households now in rented accommodation who are hit with an average of £337 in charges on top of what they pay in rent. John Goodall, chief executive officer of peer to peer platform Landbay, pointed out that in Scotland fees were banned in 2012 and rents have been growing in Scotland faster than in other parts of the UK.


Euro-Area Economic Growth Gathers Pace

Euro-Area Economic Growth Gathers Pace

The factory PMI climbed to 53.7, its highest since January 2014, above the poll median and October's 53.5. Manufacturers also reported a moderate rise in staffing numbers and another robust increase in purchasing activity. IHS Markit economist Oliver Kolodseike said that the survey results showed that the economy was in good shape and that the robust labor market continued to be one of the main growth drivers in Europe's largest economy.


Germany's Merkel 'Not Happy' Pacific Trade Pact in Danger

Germany's Merkel 'Not Happy' Pacific Trade Pact in Danger

Angela Merkel has said she is "not happy" about the possible demise of the Trans-Pacific Partnership (TPP) trade deal, which Donald Trump has said the United States will pull out of on his first day in office. He said: "On trade, I am going to issue a notification of intent to withdraw from the Trans-Pacific Partnership - a potential disaster for our country".



Lilly Alzheimer's drug fails in latest study

Ricks hoped to take over a company that would be on the cusp of selling the world's first drug that could slow Alzheimer's. Many investors had expected this trial to work so today's news will likely be viewed as a negative surprise for most drug investors.


Marvell Technology Group Ltd. (NASDAQ:MRVL) reported robust Q3 results

Marvell Technology Group Ltd. (NASDAQ:MRVL) reported robust Q3 results

Marvell Technology Group Ltd . got Upgrade on 18-Nov-16 where investment firm Susquehanna Upgrade the stock from Neutral to Positive. Jefferies Group reiterated a hold rating and set a $13.00 price objective on shares of Marvell Technology Group in a research report on Wednesday, September 7th.


Bank of America Corporation (NYSE:BAC), Advanced Micro Devices, Inc. (NASDAQ:AMD)

Bank of America Corporation (NYSE:BAC), Advanced Micro Devices, Inc. (NASDAQ:AMD)

Relative volume is ratio between current volume and 3-month average value, intraday adjusted. Early action on shares of Advanced Micro Devices, Inc . The price to sales ratio is 17. With a total market value of $0, Advanced Micro has with a one year low of $1.75 and a one year high of $9.22. (AMD) captured an average recommendation of " Hold " from analysts.