Markets

PPG withdraws offer for AkzoNobel

PPG withdraws offer for AkzoNobel PPG will not be making a fourth takeover offer for Dulux owner Akzo , the company said in a statement . It said it still believed a combined company would "create more opportunities" for customers, employees and shareholders. "By contrast, AkzoNobel has outlined a compelling strategy to accelerate growth and value creation which we believe will deliver significant long-term value for our sha... [Full Article...]

(CIEN) Stock Rating Reaffirmed by Cowen and Company

The fund owned 10,200 shares of the communications equipment provider's stock after selling 1,400 shares during the period. State Treasurer State of Michigan's holdings in Ciena were worth $1,355,000 at the end of the most recent quarter. During the same period in the previous year, the company earned $0.34 EPS. Ciena's revenue was up 8.4% on a year-over-year basis. Analysts predict that Ciena Co... [Full Article...]

US House committee subpoenas ex-National Security Adviser

Flynn was forced to resign in February from his position as Trump's first national security adviser after it was revealed that he misled Vice President Mike Pence about a conversation he had with the Russian ambassador to the United States in late December. [Full Article...]

The Loop Auckland hosts rugby activation for Lions tour

Laidlaw's former Scotland boss Vern Cotter has already tipped the 31-year-old as an ideal midweek captain for the Lions as they bid for a first series win in New Zealand since 1971. The chapter on the match against Canterbury , described by Lions lock Delme Thomas as "without doubt the dirtiest game I ever played in" probably makes the most shocking reading. [Full Article...]

IAG's Walsh defends BA's response to outage, still looking into cause

Air travelers faced delays Saturday, May 27, 2017 because of a worldwide computer systems failure at British Airways , the airline said. Despite BA blaming the issue on an "interrupted" electrical power supply rather than an IT failure, unions have suggested it could have been prevented had the airline not cut IT jobs in the United Kingdom and contracted the work to India previous year. [Full Article...]

ADP says small business hiring picks up momentum in May

ADP says small business hiring picks up momentum in May He notes that the current pace is almost three times the rate of growth of the size of the labor market. US stock index futures were little changed on Thursday, ahead of private jobs data that will give investors an indication of the health of the labor market and likely feed into the Federal Reserve's decision on interest rates later this month. [Full Article...]

Putin, Modi talk up trade at Russia's economic showcase

Russia did not want to worsen already poor relations with Washington by fuelling what he described as an arms race, but Putin said the United States was still consumed by what he called an anti-Russian campaign. Russian Federation and India enjoyed a decades-long alliance forged during the Cold War, when the Soviet Union was New Delhi s largest trading partner, diplomatic ally and main arms sup... [Full Article...]

Putin praises Trump for his 'fresh' vision

He again struck out at allegations the Russian state was behind hacking attacks targeting elections in the West after accusations he meddled in the past year s U.S. "If they have patriotic leanings, they may try to add their contribution to the fight against those who speak badly about Russian Federation", he said during an exclusive interaction with editors of global news agencies. [Full Article...]

Motorcycling-Rossi passes Italian MotoGP fitness test

Motorcycling-Rossi passes Italian MotoGP fitness test Rossi has won at Mugello on seven occasions and now sits third in the championship standings, behind team-mate Maverick Vinales and Dani Pedrosa. The nine-time world champion had been a doubt after suffering chest and abdominal injuries and spent a night in hospital a week ago. [Full Article...]

Nissan, Ford report May US sales gains, GM down

The stock price increased 1.37% or $-0.15 versus $10.93 at the end of the prior session. About 376 shares traded. Shares of Ford Motor Company (NYSE:F) traded up 0.64% during mid-day trading on Tuesday, hitting $10.93. Its up 0.03, from 0.85 in 2016Q3. Kingstown Capital Management Lp acquired 100,000 shares as General Mtrs Co (GM)'s stock declined 12.09%. Sales hit records of around 17.5 million... [Full Article...]

Walmart is turning its employees into delivery drivers to compete with Amazon

Walmart is turning its employees into delivery drivers to compete with Amazon Winslow Evans And Crocker Incorporated stated it has 2,570 shares. Blackrock Institutional Na holds 0.43% or 42.17 million shares. The stock of Wal-Mart Stores Inc (NYSE:WMT) has "Neutral" rating given on Wednesday, November 18 by M Partners. [Full Article...]

John Wood Group PLC (WG) Price Target Cut to GBX 850

John Wood Group PLC (WG) Price Target Cut to GBX 850 Kbc Grp Nv owns 259,128 shares or 0.05% of their United States portfolio. Cim Ltd Liability Corporation reported 108,998 shares. GKN had its "Buy" rating reiterated by analysts at HSBC. Marks and Spencer Group Plc has a 12-month low of GBX 255.10 and a 12-month high of GBX 397.80. Canaccord Genuity lifted their target price on Go-Ahead Group plc from GBX 2,500 ($32.52) to GBX 2,753 ($35.81) and ... [Full Article...]

May could lose majority in UK parliament

This would leave the Tories below the 326 seats needed for a majority government. According to global internet-based market research firm YouGov , Theresa May's Conservative Party could miss out on an overall majority in Parliament by 16 seats following the General Election on June 8th. [Full Article...]

UK Conservatives extend lead to 10 points over Labour: Kantar poll

The Footsie is likely to find support in pound weakness, which supports companies with global exposure, as Reuters reported that sterling had retreated this morning amid fears that Prime Minister Theresa May could lose control of parliament in the June 8 election. [Full Article...]

Trump to announce Paris climate deal decision today

Trump to announce Paris climate deal decision today European Commission President Jean-Claude Juncker on Wednesday warned US President Donald Trump against withdrawing from the Paris agreement on climate change. The United States is the world's second-biggest carbon dioxide emitter behind China. The White House had previously indicated that Trump could simply recalibrate emissions targets. [Full Article...]

Ruffer LLP Takes Position in Avon Products, Inc. (AVP)

Shareholders expect increases in EPS over time, just as they do with revenue. Piper Jaffray upgraded the shares of AVP in report on Friday, January 22 to "Overweight" rating. However the company reported $0.07 earnings per share for the same quarter during a year ago. "( AVP )" was reported by Transcript Daily and is the sole property of of Transcript Daily. [Full Article...]

EU, China seek to save Paris Agreement

EU, China seek to save Paris Agreement A shift away from coal to cleaner-burning and cheaper natural gas in recent years has cut U.S. carbon emissions to near 30-year lows, according to the U.S. Trump claimed before taking office that climate change was a "hoax" created by the Chinese to hurt the USA economy, an assertion that stands in defiance of broad scientific consensus. [Full Article...]

Maharashtra: Milk spilled on road as farmers go on strike

Maharashtra: Milk spilled on road as farmers go on strike Mumbai , the country's biggest city with a population of around 17 million, gets around 160 tonnes of vegetables from only Nashik daily, besides other parts of Maharashtra , which started declining from early today, leading to a 20-30 per cent hike in retail prices. [Full Article...]

Activists Investigating Ivanka Trump's Factory Disappear in China

Two of his colleagues, Li Zhao and Su Heng, are also missing and are feared detained. "They must be held either by the factory or the police to be unreachable", Li said . It said pay for some workers amounted to the equivalent of less than a dollar an hour. Hua was detained last week after he attempted to travel to Hong Kong to publicize the findings, Amnesty International said. [Full Article...]

Trump to announce decision on Paris deal tomorrow

Trump to announce decision on Paris deal tomorrow The possibility Mr Trump - who has previously described climate change as a hoax by the Chinese - could pull out within days was labelled disastrous and as putting the U.S. Brian Deese, who was President Obama's point person on the Paris accord, says it's not just about the environment - it's about the economy. Adopting failed, bureaucratic and politically corrupt carbon pricing schemes - wh... [Full Article...]


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