Business


Evaluating LA bid for 2024 Olympics requires imagination

Los Angeles is competing with Paris for the right to stage the 2024 sports extravaganza. The dinner came at the end of the first full day of the IOC Evaluation Commission's three-day visit to Los Angeles . "There is still some work to be done, not everything can happen overnight but we think there are excellent bases here", said Baumann, whose commission will present their report to the public and International Olympic Committee members in July.


Anthem gives up Cigna bid, vows to fight on over damages

Anthem gives up Cigna bid, vows to fight on over damages

Anthem shot back that Cigna had no right to unilaterally pull the plug, even after the court decision blocking their tie-up. During a hearing Thursday about the injunction, Vice Chancellor Travis Laster acknowledged that his decision would let Cigna exit the deal and "effectively end Anthem's path to closing", according to Reuters.


Home Capital plans C$2 bln asset sales to ease loan burden

Home Capital plans C$2 bln asset sales to ease loan burden

Total on-balance sheet loans grew 3.2 percent to C$18.6 billion in the first quarter from the end of 2016 as traditional single-family residential mortgages, which comprise half of total loans, grew 3.4 percent to C$11.4 billion. Home Capital Hibben said he "fundamentally believed in the funding model of Home Capital", and as such preferred to avoid selling off part or all of the company if possible.



Compass Group (LON:CPG) Receives Hold Rating From Numis Securities Analysts

In a report issued on Thursday, 11 May, Peel Hunt reaffirmed their "Buy" rating on Watchstone Group Plc (LON:WTG)'s stock. Numis Securities has "Add" rating and GBX 2836 target. Drexel Hamilton downgraded the stock to "Hold" rating in Monday, October 24 report. Cornerstone Cap Mngmt Holdings Limited Liability Company holds 89,300 shares or 0.02% of its portfolio.



China pressures South Korea about missile system

For the CIA's part, on Wednesday the intelligence service announced the opening of the Korean Mission Center to integrate efforts "against the North Korea target", the agency said in an announcement. "I will also go to Beijing and Tokyo and even Pyongyang in the right circumstances", he added. Liu also said tensions are likely to continue in June.