Markets

Moody's lowers China credit rating as growth slows

A man takes a photo in Central, a business district of Hong Kong, Thursday, May 25, 2017. According to China's Finance Ministry, "Our GDP will keep medium- and high-level growth and that will provide fundamental support to fend off local government debt risks", and "China's government debt risks will not change dramatically in the period of 2018-20 from 2016". [Full Article...]

Republican accused of 'body slamming' journalist leads in Montana election

In his victory speech, Gianforte apologized to Jacobs. "When Gianforte grabbed him by the neck, both hands, um slid him to the side, body-slammed him and then got on top of him, and started punching and then um yelling at him", Acuna said . [Full Article...]

Woman sues over sugar in jelly beans disguised as 'evaporated cane juice'

Woman sues over sugar in jelly beans disguised as 'evaporated cane juice' Unbeknownst to many of us, probably, Jelly Belly got into the athletic fuel category with these packets of Sport Beans marketed to athletes, claiming to have essential electrolytes, vitamins, and carbohydrates for training - there's also an Extreme version of the beans that contains caffeine. [Full Article...]

ACCC shifts on regional internet levy

ACCC shifts on regional internet levy The organisation released its draft decision in in January 2017. These privately owned fibre networks are usually located in recently-constructed suburbs, which had fibre installed instead of copper wires, or in high density developments with enough customers to justify the investment. [Full Article...]

Arrow Global Group PLC (ARW) Stock Rating Reaffirmed by Shore Capital

Several other analysts have also recently weighed in on PAG. In other news, insider Stewart Hamilton sold 33,416 shares of the stock in a transaction on Thursday, May 11th. Stockholders of record on Thursday, March 30th were given a dividend of GBX 2.70 ($0.04) per share. If you are reading this piece of content on another site, it was copied illegally and republished in violation of USA & globa... [Full Article...]

No evidence of Trump team collusion with Russians: White House

No evidence of Trump team collusion with Russians: White House Mr Brennan said he delivered a telephone warning to his Russian counterpart, the head of the FSB spy agency, against meddling in August past year, two months before U.S. "'If further reports are accurate that White House staff also tried to persuade personnel at these agencies to help get FBI Director Comey to back off an investigation involving (former national security adviser) Michael Fl... [Full Article...]

McConnell sees tough path for passing healthcare bill

He says the changes are not acceptable and wants to form a conference committee with the House to work out differences. Patrick, who presides over the Senate, has said he will seek a special session if legislators do not pass a bill to his liking, but there is no indication that the House is open to going beyond the measure it passed Sunday night. [Full Article...]

Nebraska, other states settle with Target over 2013 customer data breach

Nebraska, other states settle with Target over 2013 customer data breach Target was the subject of one of the biggest data breaches to hit a USA retailer thus far, when in 2013 the chain lost about 40 million credit and debit card numbers of Target shoppers. Target must develop, implement, and maintain a comprehensive information security program and employ an executive for that objective that will advise Target's CEO and Board of Directors. [Full Article...]

Woman jumps from RV, 2 kids released before man shoots self

Woman jumps from RV, 2 kids released before man shoots self The pursuit continued on westbound I-30 into Arlington until the driver stopped near Cooper Street at about 4:40 a.m. Police said officers approached the RV, opened the door and let out two children described as a toddler and a 3-year-old. Flames shot high into the air, but firefighters quickly extinguished the blaze. He let his two young children out of the auto before police heard a gunshot from... [Full Article...]

Can analysts adopt a bullish outlook for NextEra Energy Inc (NYSE:NEE)?

Goldman Sachs downgraded Nextera Energy Partners LP (NYSE:NEP) on Wednesday, March 29 to "Neutral" rating. Argus Research has "Buy" rating and $128 target. Analysts rating the company a 3 indicate a Hold recommendation. Therefore 67% are positive. Finally, Morgan Stanley upped their price objective on shares of NextEra Energy from $161.00 to $162.00 and gave the company an "overweight" rating in a... [Full Article...]

After OPEC deal, Texas oil regulator boasts of victory

US shale production requires a higher price to be profitable compared with traditional crude oil . Brent crude oil LCOc1 settled down $2.50, or 4.6 percent at $51.46 a barrel. Nigeria, Africa's largest economy, relies on oil proceeds as its main revenue source. "They're still staring down infrastructure build-out in some member countries and rising output here in the U.S.", John Kilduff , ... [Full Article...]

China Hit With First Credit Downgrade In Decades

The move came late on Wednesday and was widely expected after Moody's downgraded China , saying it expects the financial strength of the economy will erode in coming years as growth slows and debt continues to rise. The Chinese economy maintains a stable and positive momentum into 2017, with first quarter GDP up to 6.9 percent, further accelerating growth rate by 0.2 percentage points year on y... [Full Article...]

GOP Lawmakers React as Candidate 'Bodyslamming' Incident Threatens Election

Jacobs persisted with his question. The Republican candidate then released a statement claiming that he had asked Jacobs to lower his recorder, before Jacobs grabbed his wrist and pulled both of them to the ground. (Under the state's law, this is not possible). "It's also not coincidental that this happened now", CNN legal analyst Jeffrey Toobin said on air Thursday. [Full Article...]

BHP Billiton plc (BBL) Downgraded by Zacks Investment Research

Integrated Investment Consultants LLC increased its stake in shares of BHP Billiton plc by 36.5% in the first quarter. Cypress Wealth Advisors LLC now owns 6,100 shares of the mining company's stock worth $218,000 after buying an additional 246 shares in the last quarter. [Full Article...]

Oil Settles Up Slightly On View OPEC Will Extend Output Cuts

Brent crude recovered from earlier losses and added 28 cents, or 0.5%, to $US54.15 a barrel. Their output already is partially offsetting the cuts, and even more US companies are poised to return if prices rise further. After leaving a meeting with the Saudis Algerian oil minister Noureddine Boutarfa said global producers were focusing on a nine month extension. Looking at the progress of the... [Full Article...]

Venkat Krishnaswamy Sells 6438 Shares of Cognizant Technology Solutions Corp (CTSH) Stock

Shares of Cognizant Technology Solutions Corp (NASDAQ:CTSH) now have an ABR of 1.78, number of Recs in ABR is 18 while industry rank of the company by ABR is 96 of 265. Clearbridge Investments Ltd Liability Corporation holds 0% in First National Financial Corp (TSE:FN) or 8,010 shares. Polar Securities Inc increased Swift Transn Co (Call) (SWFT) stake by 39.66% reported in 2016Q4 SEC filing. [Full Article...]

O&G stocks buoyant after Saudi, Russia agree to extend output cuts

The Energy Ministers of Saudi Arabia and Russian Federation said that they had "reached an understanding" that it is necessary to keep surplus crude off the market "until March 31, 2018", in order to stabilize a world oil market that is still oversupplied. [Full Article...]

Southwestern Energy Company (SWN) Stake Raised by Swiss National Bank

It has underperformed by 57.70% the S&P500. DnB Asset Management AS now owns 28,827 shares of the energy company's stock worth $399,000 after buying an additional 4,100 shares during the period. Driehaus Capital Mngmt Limited Liability Company holds 0.03% or 48,919 shares. Stratos Wealth Limited invested in 0.01% or 11,121 shares. Southwestern Energy Company (SWN ) closed its previous trading s... [Full Article...]

Nationwide Fund Advisors Reduces Stake in Cerner Co. (CERN)

David Blood increased its stake in Cerner Corp ( CERN ) by 45.97% based on its latest 2016Q4 regulatory filing with the SEC. The stock exchanged hands 3.05 Million shares versus average trading capacity of 2.8 Million shares, yielding a market cap of $21.37 Billion. [Full Article...]

Venezuela says OPEC's task is stabilise oil market and force inventory-draw

That left the market disappointed, leading to the biggest daily plunge in oil prices since the start of 2016. Oil at $50 a barrel has encouraged more USA shale output, since production costs are down from a few years ago. Oil has rebounded from its plunge below $44/bbl earlier this month as US stockpiles - one of the most critical indicators of the global supply glut - have fallen for the past s... [Full Article...]


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