UK Government To Recoup Its Bailout Investment In Lloyds
British Investment firm Hargreaves Lansdown has said that the UK government was now in a position to recover the money it had invested into the Lloyds Banking Group in 2009 which served as a bailout package. The analysis carried out
Read MoreAmerisourceBergen tops Q3 estimates, raises FY16 EPS view
On expectations of impressive third-quarter performance, beginning June 2016, the shares of the drug wholesale company AmerisourceBergen Corporation (NYSE: ABC) started rising from 12-month low of $73.30. The company did not let down the investors. Last week, AmerisourceBergen, formed by
Read MoreUpbeat construction PMI data turns Pound bullish
The unwinding of short positions continues to keep the Pound firm against the major currencies, including the Swiss Franc. The Swiss National Bank’s policy of keeping the Franc weak, in order to fight deflation and boost exports, has also aided
Read More3M misses Q2 rev. estimates, slashes FY16 rev. outlook
Tougher business conditions continue to impact the performance of several well known multinational companies. The latest addition to that list is 3M Company (NYSE: MMM). The renowned manufacturer of post-it products reported lackluster fiscal 2016 second-quarter revenue that missed the
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