US: Aegon NV Upgraded by Goldman Sachs to Buy But Will Investors Do...

Aegon NV (NYSE:AEG), which provides life insurance, pensions and asset management products and services in the US, Europe and Asia, is upgraded by Goldman...

Abbott Laboratories (NYSE:ABT) Upgraded to Buy from Hold

Abbott Laboratories (NYSE:ABT) received an upgrade by equity research analysts at Jefferies & Co Monday morning from Hold to Buy. Jefferies & Co also set...

US Services Sector PMI Hits 7-Month High in March

NEW YORK - Global financial information and services firm Markit Ltd said the final reading of its Purchasing Managers Index for the US services...

Avon Reports 18 Percent Revenue Fall in First Quarter

USA - Avon Products, the 129-year-old cosmetics empire that directly sells beauty products, seemed to have lost its appeal a little bit in the...

Bank of Tanzania Gets Award for Governance Risk and Compliance Project in Africa

TANZANIA - The Bank of Tanzania, the central bank of the United Republic of Tanzania, was awarded the title of "Best Governance Risk and...

Coulson’s Ardagh Group Nears USD3.2-Billion Acquisition of Saint Gobain Unit

DUBLIN, IRELAND - Luxembourg-based Ardagh Group, a glass and metal packaging solutions giant, is reportedly finalizing a deal to acquire Saint Gobain's Verallia glass...

Commercial International Bank (Egypt) Concludes Sale of Insurance Stakes to AXA

CAIRO, Egypt – The Commercial International Bank (Egypt) has informed the Egyptian Exchange that it has finalized the procedures of selling the bank stake...

Oil Price Forecast To Hit New Lows in 2015

Prices of oil in the world market could hit new lows this year due to increased production and peak seasonal refinery maintenance in October,...

IATA and UNECE Ink Trade Facilitation Agreement

GENEVA - The International Air Transport Association (IATA) and the United Nations Economic Commission for Europe (UNECE) signed a Memorandum of Understanding (MoU) to...
Colliers International

Colliers International Acquires Finland’s Ovenia Group

Commercial real estate services firm Colliers International Group announced the acquisition of Ovenia Group (Ovenia), Finland’s leading real estate management and service firm, for...

Analyst Upgrade Fails to Lift Pfizer (NYSE:PFE)’s Stock

Pharmaceutical blue chip Pfizer Inc (NYSE:PFE)'s stock receive analyst upgrades on Tuesday but the news was not well-received by investors as PFE's shares were...

Sun Life Financial Appoints Scott F. Powers to the Board of Directors

TORONTO, Canada - Sun Life Financial Inc. (TSX: SLF) (NYSE: SLF) is pleased to announce that Scott F. Powers has been appointed to the...

Trek Bicycle To Recall About One Million Bikes in US, Canada

CALIFORNIA - Trek Bicycle Corporation, a major bicycle product manufacturer and distributor, has ordered a recall of about one million bicycles following the injuries...

Shares of Johnson Controls Inc (NYSE:JCI) Up In Early Trading As Company Celebrates Golden...

NEW YORK - Johnson Controls Inc (NYSE:JCI)'s stock was trading slightly higher in the early session at the New York Stock Exchange as the...

Barclays Upgrades PBF Energy (NYSE:PBF) To Equal Weight

Petroleum refiner PBF Energy Inc (NYSE:PBF) was upgraded by Barclays to Equal Weight from Underweight and raised the price target from $32.00 to $38.00...

Maldives To Host Investment Forum in Beijing

BEIJING, CHINA - The second Maldives Investment Forum will be held in Beijing in September this year, a local newspaper in Maldives reported. The country's...

Watts Miners Reports Sales Figure over $80 Million for July

Watts Miners, the latest big name to enter the crypto mining space, has received an encouraging response from the cryptocurrency enthusiasts around the world....

US Economy Contracts As India Surges In First Quarter

The US government has reported that the country's economy contracted by 0.7 percent annually in the first quarter of this year, lower than the...

Canada’s Stingray Digital Group Seeks To Raise US$99 Million In IPO

MONTREAL, CANADA - Montreal-headquartered Stingray Digital Group Inc, a leading B2B multi-platform music and in-store media solutions provider operating on a global scale, aims...

US: Jefferies Reiterates American Express to Hold, Lowers Target Price to $70

American Express Company (NYSE:AXP), a payments, network and travel company that offers credit payment card products, is reiterated by Jefferies Group to Hold Thursday...