Markets

Tropical Storm Cindy threatens Gulf Coast; Bret in Caribbean

The storm will make landfall along the coast between Texas and Louisiana by Thursday morning. Maximum sustained winds are near 60 miles per hour with higher gusts. That will bring rain not only to the Gulf coast, but it will spread more rain into Georgia as well. "We're gonna prepare for the worst ... and hope for the best", Graham said. [Full Article...]

Seven US Sailors Who Died in Sea Collision Identified

Although the collision occurred in Japanese waters, under a Status of Forces Agreement (SOFA) that defines the scope of the U.S. military's authority in Japan, the U.S. "It was right near the pilot's house and there is a big puncture, a big gash underneath the waterline", said Fleet Commander Vice Admiral Joseph Aucoin. [Full Article...]

Deficit lower than expected as healthy tax revenues give chancellor a boost

Deficit lower than expected as healthy tax revenues give chancellor a boost Meanwhile the revised-down figures for the last financial year, which ended in March, showed the government borrowed £46.6bn, the lowest since the financial crisis. Oliver Kolodseike, senior economist at the Centre for Economics and Business Research (Cebr), said last month's performance was "welcome news" for Mr Hammond, but expects borrowing to rise later this year. [Full Article...]

Mourinho reacts to allegations of tax evasion

The Portuguese manager owes Spanish tax authorities 3.3 million euros (2.91 million pounds), a Madrid prosecutor said in a statement, adding it had presented a claim to a local court. Perez further insisted that Ronaldo , who has a release clause of GBP1 billion, is at "ease" in Real Madrid . Prosecutors accuse the Portugal worldwide of evading tax via a shell company based in the British ... [Full Article...]

Spicer Addresses Rumors of New White House Role: 'I'm Right Here'

Spicer Addresses Rumors of New White House Role: 'I'm Right Here' Donald Trump's chief strategist Steve Bannon had a completely inappropriate response when asked about the availability of Press Secretary Sean Spicer . So, when the White House began phasing out routine press briefings in recent weeks, most saw the move as a logical extension of the president's contempt for press scrutiny. [Full Article...]

Chevron Corporation (CVX) Stake Cut by SFE Investment Counsel

More interesting news about Chevron Corporation (NYSE: CVX ) were released by: Seekingalpha.com and their article: "Litigation over Chevron pollution in Ecuador shifts out of US" published on June 20, 2017 as well as Seekingalpha.com's news article titled: "Chevron Corporation - Buy And Hold At Current Price Levels" with publication date: June 08, 2017. [Full Article...]

Sean Spicer Is Back! White House Correspondents Celebrate On-Camera Briefing Promise

Sean Spicer Is Back! White House Correspondents Celebrate On-Camera Briefing Promise But, aside from lacking the decorum of a White House aide, Bannon's attempt to dodge the question belies bigger transparency issues. But when pushed to say whether she'd accept the post if President Trump asked , she indicated that she would. [Full Article...]

Outstanding Analyst Ratings For Shire Plc (LON:SHP)

About shares traded. Deutsche Strategic Municipal Incom Trust (KSM) has declined 6.17% since June 14, 2016 and is downtrending. Its up 9.5% from 474,700 shares previously. As per Friday, November 11, the company rating was maintained by Investec. The rating was maintained by JP Morgan on Monday, January 4 with "Underweight". [Full Article...]

Wall St opens higher as tech stocks bounce back

Shares of Amazon . com Inc. Biogen climbed 3.5 percent and Morgan Stanley rose 2.8 percent. The Dow Jones industrial average added 144.71 points, or 0.7 percent, to 21,528.99, and the Nasdaq composite jumped 87.25, or 1.4 percent, to 6,239.01. [Full Article...]

Saudi royals to make pledge to new crown prince

The former Crowned Prince, Muhammad bin Nayef was the First Deputy Prime Minister and the Minister of Interior of Saudi Arabia . Mohammed bin Nayef, 57, had served as crown prince since 2015, taking the post shortly after Salman, his uncle, was crowned. [Full Article...]

Red Hat, Inc. (RHT) Releases Earnings Results, Beats Estimates By $0.03 EPS

YorkBridge Wealth Partners LLC raised its position in Red Hat by 102.4% in the first quarter. Lebenthal Asset Management LLC now owns 20,844 shares of the open-source software company's stock worth $1,452,000 after buying an additional 4,735 shares during the last quarter. [Full Article...]

Ross Stores Incorporated (NASDAQ:ROST) Just Reported Decreased Shorts

The low score of 30.00000 for PD-Rx Pharmaceuticals, Inc. indicates a top score for stability and growth. About 13,420 shares traded. American Airlines Group Inc (NASDAQ:AAL) has risen 40.65% since June 20, 2016 and is uptrending. Landscape Cap Limited Liability owns 0.19% invested in Ross Stores, Inc. (NASDAQ:ROST). Bnp Paribas Arbitrage owns 170,842 shares or 0.05% of their U.S. [Full Article...]

Hong Kong's Li Ka-shing says retirement won't stop him working

Hong Kong's Li Ka-shing says retirement won't stop him working The tycoon plans to remain as senior adviser and keep his office atop CK Hutchison's headquarters building in downtown Hong Kong , according to the report. Shares of CK Hutchison were at HK$98.70 in afternoon trading in Hong Kong, unchanged from Monday. CK Hutchison formed in March 2015 after the merging of Cheung Kong Holdings and Hutchison Whampoa, both of which he ran. [Full Article...]

How major USA stock market indexes fared on Tuesday

How major USA stock market indexes fared on Tuesday Energy stocks have climbed off their worst levels of the day but continue to see substantial weakness amid the steep drop by the price of crude oil . Gold was up 0.3% at $1,247 an ounce, while the ICE Dollar Index fell 0.1%, its first loss in three sessions. In stocks, on the Nasdaq , the biggest loser was retailer Costco Wholesale (NASDAQ:COST), down 2.26% to $163.33. [Full Article...]

Amazon is buying Whole Foods in a $13.7B deal

Amazon is buying Whole Foods in a $13.7B deal Any number of Whole Foods locations - more than 460 in the U.S., Canada and Britain - could be used as jumping off points for wider delivery and pickup of groceries and prepared foods ordered online. Madeline Hurley, a grocery analyst with IBIS World, an industry research company, said Amazon will likely revamp Whole Foods' internet presence. [Full Article...]

Range Resources Corporation (NYSE:RRC)'s Trend Up, Especially After Decreased Shorts

It has underperformed by 90.01% the S&P500. Rockefeller Financial Services Inc increased Range Resources Corp. RRC has been the topic of a number of other research reports. It worsened, as 44 investors sold AR shares while 82 reduced holdings. 263.24 million shares or 4.56% more from 251.75 million shares in 2016Q3 were reported. [Full Article...]

London attackers wore fake bomb belts

One of those arrested is a man who allegedly worked out at the same gym as 27-year-old Khurum Butt , thought to be the attack ringleader. Haydon also theorized the attackers may have seen the belts as a protection from being shot by police. [Full Article...]

Oil languishes near multi-month lows on glut fears

Oil languishes near multi-month lows on glut fears OPEC and non-OPEC oil producers' compliance with the deal to cut output reached its highest in May since they agreed on the curbs a year ago, reaching 106 per cent last month, a source familiar with the matter said . "Unless we see a marked reduction in crude stockpiles, the possibility of further short term falls in the price of oil can not be ruled out", he added. [Full Article...]

America's Cup Day 1: Two Wins But Plenty to Improve

America's Cup Day 1: Two Wins But Plenty to Improve Then, the USA team turned an eight - one deficit to their Kiwi rivals into a nine - eight victory in San Francisco , setting the stage perfectly for the mother of all grudge matches which is now taking place on Bermuda's Great Sound . The kiwi on a bike is a reference to Team New Zealand's innovative grinding system in which it has replaced traditional coffee-grinder winches with stationary bi... [Full Article...]

CDB Aviation to purchase 42 new Boeing 737 MAX 8 aircraft

Airbus said this month that it expected the market for large passenger planes to more than double in the next 20 years, driven by growth from Asian markets. One segment where the two plane makers differ is in their demand forecast for the biggest passenger planes, where Boeing offers the 747-8 and Airbus its flagship A380 superjumbo. [Full Article...]


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