Zacks Equity Research - Zacks Investment Research - Fri May 25, 5:12PM CDT
According to a Bloomberg report, Citigroup is trimming its stake in Turkish bank, Akbank T.A.S. Citi is offering 10.1% of its Akbank stake, worth $1.27 billion, for sale. (full story)
Zacks Equity Research - Zacks Investment Research - Fri May 25, 5:02PM CDT
Gone are the days when retail was all about brick & mortar. "Click to buy" is the new name of the game, as "transformation" is the new mantra among the retailers (full story)
Zacks Equity Research - Zacks Investment Research - Fri May 25, 4:54PM CDT
Amazon.com Inc. (AMZN) announced a three-year agreement with Paramount Pictures, extending its archive of films in its streaming video site, Amazon Prime Instant Video. (full story)
Zacks Equity Research - Zacks Investment Research - Fri May 25, 4:26PM CDT
The U.S. Energy Department's weekly inventory release showed that crude stockpiles increased for the 9th week in a row to their highest level since August 1990 amid a drop in refinery utilization. (full story)
Zacks Equity Research - Zacks Investment Research - Fri May 25, 4:07PM CDT
We are reiterating our Neutral recommendation on Northern Trust Corporation (NTRS), based on the company's focus on profit improvement initiatives and initiation of new business with the addition of both personal and institutional clients and assets. (full story)
Zacks Equity Research - Zacks Investment Research - Fri May 25, 3:46PM CDT
Boeing receives a contract worth $368 million from the U.S. Air Force to provide engineering, manufacturing and development assistance to U.S. Air Force and NATO. (full story)
Zacks Equity Research - Zacks Investment Research - Fri May 25, 3:44PM CDT
Diversified bond funds provide investors with a convenient and affordable option to hold a portfolio of bonds from different economic sectors. (full story)