Business


US Stocks Extend Winning Streak to Six Days as OPEC Disappoints

Best Buy surged as much as 19.4 percent to a record high of $60.24, making it the top gainer on the S&P, as its comparable sales unexpectedly rose last quarter. MSCI (Frankfurt: 3HM.F - news ) 's all-country world equity index was last up 1.88 points or 0.41 percent, at 464.81. The S&P 500 was up 11.66 points, or 0.484946 percent, at 2,416.05, easing off from a high of 2,417.58.



Trump wraps up Israel and West Bank visit, heads to Europe

On "The Late Show", Stephen Colbert laughed at a White House document typo which saw one of the goals of the president's trip described as 'Promote the possibility of lasting peach'. The White House said Trump, who called May from Jerusalem, offered United States assistance in the investigation of the attack late yesterday at a packed pop concert in Manchester.



After OPEC deal, Texas oil regulator boasts of victory

The OPEC ministers will discuss the production accord with a group of non-OPEC members later in the day and are expected to hold a joint press conference at 17:00GMT (11:00AM ET). Even after five months of deep oil-production cuts, worldwide oil inventories remained well above the five-year average. May 25 OPEC ministers were forced by Texas shale oil producers on Thursday to extend a supply cut into 2018, a regulator from the US state said.


M&T Bank Corp Decreases Stake in Infosys Ltd (INFY)

M&T Bank Corp Decreases Stake in Infosys Ltd (INFY)

Several other hedge funds and other institutional investors also recently modified their holdings of INFY. During the same period in the prior year, the business earned $0.23 EPS. The business had revenue of $171.20 billion during the quarter, compared to the consensus estimate of $172.14 billion. Therefore, the stated figure displays a quarterly performance of 0.13% and year to date performance of 1.55%.



General Electric (GE): Is Now the Right Time To Buy In?

It has outperformed by 15.11% the S&P500. Murphy Cap Mgmt has invested 0.05% in Portland General Electric Company (NYSE:POR). The stock of General Electric Company (NYSE:GE) has "Outperform" rating given on Tuesday, October 13 by William Blair.


Alleged Manchester bomber phoned mom before attack, said 'forgive me'

Alleged Manchester bomber phoned mom before attack, said 'forgive me'

Manchester police arrested five men and one woman on Wednesday, bringing the total held for questioning to seven, and searched multiple addresses in northern and central England. Prime Minister Theresa May had warned the "special relationship" could be harmed by the repeated leaking of confidential details and raised her concerns with Donald Trump at a North Atlantic Treaty Organisation summit in Brussels.