Business

SSE squeezes higher profits from household energy customers

SSE squeezes higher profits from household energy customers

It found that customers with a standard variable tariff were overpaying by a collective £1.4 billion every year, compared to those energy customers with one of the cheapest tariffs on the market. Regarding the proposed cap the SSE said: it "would caution against potential unintended consequences of any proposed intervention in what is a rapidly changing and increasingly competitive market".


US mortgage activity posts biggest drop since December - MBA

US mortgage activity posts biggest drop since December - MBA

Higher interest rates over the past few weeks weighed on refinance volume, which fell 6 percent for the week and is down almost 37 percent from the same week one year ago. Shorter term 15 year fixed rate mortgage interest rates have been published at 3.625% carrying an April of 3.908%. Specifically, Wells Fargo's stock price waned to 53.21 down -0.12.



Cyberark Software Ltd (CYBR) Rating Lowered to Hold at Summit Redstone

While the company's share hit the 52 week high on 09/07/16 stationing the value of $59.28. Sealed Air Corporation (SEE ) stock price escalated 1.08% to finalize at $42.99 throughout previous buying and selling session. 05/12/2017 - CyberArk Software Ltd. was downgraded to "underperform" by analysts at Bank of America Merrill Lynch. If you are reading this article on another site, it was illegally copied and reposted in violation of US and global copyright and trademark legislation.


India Grid Trust IPO subscribed 7% on first day of offer

India Grid Trust IPO subscribed 7% on first day of offer

Anchor investor issue period will be tomorrow. The initial public offer (IPO) of India Grid Trust, India's second infrastructure investment trust (InvIT), opens for subscription on Wednesday. Investors will be offered returns predominantly in the form of interest and dividend. Transmission assets, in general, have reasonably higher certainty of cash flow with assured tariffs, it said.



Oppenheimer Indicates Potential 30.64% Increase In Shares Of Zayo Group Holdings

On Monday Oppenheimer indicated its broker consensus on shares of Zayo Group Holdings (NYSE:ZAYO) giving the company a "Outperform" rating. A moving average can help cut down the amount of "noise" on a price chart. On average, analysts expect Zayo Group Holdings to post $0.38 EPS for the current fiscal year and $0.67 EPS for the next fiscal year. (ZAYO) have 248.41 million outstanding shares now held by all its shareholders, including share blocks held by institutional investors and restricted ...


McDonald's expands delivery partnership with UberEats

McDonald's expands delivery partnership with UberEats

Starting today, UberEats will support McDonald's in more than 1,000 locations across the USA, which now includes 300 in Los Angeles, California; 144 in Phoenix, Arizona; 270 in Chicago, Illinois; and 59 in Columbus, Ohio, according to the Chicago Tribune .