Facebook can climb more than 20 percent on ad growth: Barron’s
NEW YORK (Reuters) – Facebook Inc stock has the potential to climb by more than 20 percent over the next year given the growing advertising revenue among its platforms, according to a Barron’s report on Sunday.
Analysis: Focus on VIX futures shorts hides the real story
NEW YORK (Reuters) – Judging by the way hedge funds have been betting on Wall Street, they see U.S. stock market volatility remaining low, but it may not be that simple.
Viacom says CEO Dauman to resign post immediately; Dooley steps in
NEW YORK (Reuters) – Viacom Inc said on Saturday that Chief Executive Philippe Dauman will resign immediately, marking a victory for the family of controlling shareholder Sumner Redstone in the battle for the $40 billion media empire.
Mexico-U.S air transport deal begins in bid to boost competition
MEXICO CITY (Reuters) – An air transport deal between Mexico and the United States that aims to boost competition in the passenger and freight sectors came into force on Sunday, Mexico’s Communications and Transport Ministry said.
Fed close to hitting job and inflation targets: Fischer
(Reuters) – The Federal Reserve is close to hitting its targets for full employment and 2 percent inflation, the Fed’s No. 2 policymaker said on Sunday in comments that did not address when the U.S. central bank should next raise interest rates.
Fed guessing game moves up a gear as Yellen takes stage
MADRID (Reuters) – Will they or won’t they? The debate over whether the U.S. Federal Reserve is readying an interest rate hike will get its umpteenth airing over the coming week, with all eyes on Chair Janet Yellen to provide some clarity.
Anger in the Delta keeps oil majors quiet – and Nigeria’s crude offline
LONDON/LAGOS (Reuters) – Oil companies and even Nigerian officials are losing faith in a deal anytime soon with militants who have slashed the nation’s oil output, casting doubt on a production recovery in what is typically Africa’s largest oil exporte…
New Indian central bank head’s arduous task: getting banks to lower rates
MUMBAI (Reuters) – One of the biggest challenges for India’s incoming central bank chief is a problem he and his predecessor have long grappled with – how to spur stubborn state banks to cut borrowing costs more aggressively to boost the economy.
VW says talks to end supplier dispute will resume on Monday
FRANKFURT (Reuters) – Volkswagen is seeking a negotiated settlement with suppliers in a dispute over contracts that is halting production at some of its plants and talks will resume on Monday, the German carmaker said.
Stock rotation to continue as Fed seen open to 2016 hike
NEW YORK (Reuters) – The rotation to cyclical sectors of the S&P 500 and away from defensive stocks could continue next week if Federal Reserve chair Janet Yellen strikes a tone more welcoming to an interest rate increase later this year.
