Markets

Oil's slide to lowest price of the year pulls stocks lower

Oil's slide to lowest price of the year pulls stocks lower Energy stocks bore the brunt for a second straight day, and those in the S&P 500 fell 0.9 percent, a day after losing 1.2 percent. In overseas markets, the French CAC 40 slipped 0.3 percent, the German DAX lost 0.6 percent and the FTSE 100 fell 0.7 percent. [Full Article...]

Ricciardo wins chaotic Azerbaijan GP; Vettel leads overall

Canadian teenager Lance Stroll has described Sunday's Azerbaijan Grand Prix as a dream come true after he capitalised on a chaotic race to hold his nerve and finish third for Williams. As a team, we got what we could today. "I like to think that I remain respectful and I'll continue to do so". I'm sure he didn't do it on objective but for sure it was not the right move. [Full Article...]

United orders 100 737 Max 10 aircraft

United orders 100 737 Max 10 aircraft The sales tally in Paris was almost double that of last year's Farnborough Air Show, which alternates with Paris as the industry's marquee event. "Ryanair is proud to partner with Boeing and has operated an all-Boeing fleet since 1994". [Full Article...]

Stabbing at U.S. airport is an act of terror

Stabbing at U.S. airport is an act of terror The man who yelled Allahu Akbar' as he stabbed a police officer at a MI airport on Wednesday has been identified as Amor Ftouhi , an approximately 50-year-old Canadian man who is originally from Tunisia. "We have no information to suggest any training". White House press secretary Sean Spicer said President Donald Trump was briefed on the stabbing by Homeland Security Adviser Tom Bossert. [Full Article...]

Tory leadership contest would be 'catastrophic' for Brexit talks, says Davis

He admitted that he had urged Mrs May to call the disastrous snap election which ended in her losing her majority entirely. A Tory leadership contest would be "catastrophic" for European Union withdrawal negotiations, Brexit Secretary David Davis has said. [Full Article...]

Tourist boat with 150 aboard sinks near Colombian city

Video circulating on social media showed the ship going down and dozens of other vessels approaching it to try to rescue people. People on jet skis and on smaller recreational boats speed over to the rapidly sinking vessel in a frantic rescue effort. [Full Article...]

Amazon buying Whole Foods in $13.7 billion deal; grocery stocks tumble

Shares of dozens of supermarkets, food producers, payment processors and shopping malls collectively lost at least $35 billion in USA market value on Friday as the news reverberated across financial markets. The deal unfolded after Jeff Bezos, Amazon's chief executive officer, approached Whole Foods CEO John Mackey about a month ago and received an eager response from Mackey, two people famili... [Full Article...]

Whole Foods customers react to $13.7 billion Amazon merger

Whole Foods customers react to $13.7 billion Amazon merger Can Amazon , the company that persuaded people to buy ever more items online, win enough of them over to having their fresh groceries arrive in an Amazon box? The investment firm Jana Partners said in April that it had built up an ownership stake in Whole Foods because it saw ways to address its "chronic underperformance for shareholders". [Full Article...]

USA indexes inch higher as energy stocks claw from the hole

The S&P 500 rose 0.2 percent for the week. US crude futures were up 0.52 percent at $42.74 per barrel. Financial stocks in the S&P 500 dipped 0.1 percent. Investors are watching the energy market closely as it has been critical for the earnings recovery in the U.S. The sector is expected to account for almost half of the S&P 500's earnings growth in the second quarter, according to FactSet. [Full Article...]

What it's like to fly business class on Qatar Airways

The national carrier also picked up three other awards this year including the "Best Business Class Onboard Catering", "World's Best Business Class Lounge" for its worldwide known Turkish Airlines Lounge Istanbul and "Best Business Class Dining Lounge" in the Skytrax award ceremony held in Paris on June 20. [Full Article...]

Revenue Estimates Analysis Superior Energy Services, Inc. (SPN)

Following the purchase, the insider now directly owns 530,657 shares in the company, valued at $6,505,854.82. The target implies a -100% decrease from where the shares are now trading. South Dakota Inv Council invested in 207,200 shares. Umb National Bank & Trust N A Mo accumulated 0.33% or 247,841 shares. Burren Cap Advsr stated it has 12.21% of its portfolio in Reynolds American, Inc. [Full Article...]

Boeing's 737 MAX 10 a big hit at Paris Air Show

Despite the interest in the MAX 10, analysts expect passenger jet orders at the Paris Airshow to fall short of recent boom years, as airlines digest a flood of deliveries. While Airbus has upgraded its biggest model, Boeing instead has focussed on smaller and more efficient planes. Three airlines, Copa, Donghai and Malaysia added to the MAX 10's order book, but only as conversions from p... [Full Article...]

Key Republican Collins has 'serious concerns' on healthcare bill

Remarkably, some of the GOP are already arguing the bill does not go far enough and are planning to oppose it in its current form. The long-awaited plan marks a big step toward achieving one of the Republican Party's major goals. As pointed out by several outlets, if the Affordable Healthcare Act ( ACA ) - better known as Obamacare - was an attempt to ensure that the wealthy pay more f... [Full Article...]

House panel wants formal response from Trump on Comey tapes

Shortly after dismissing Comey, Trump mentioned the possibility of tapes in a Twitter post . On May 12, Trump tweeted: " James Comey better hope that there are no "tapes" of our conversations before he starts leaking to the press!" Trump's declaration now that there are no recordings appears to settle a key dynamic in that investigation: It's now the president's word against Comey's notes.... [Full Article...]

Auctioneers (RBA) Share Price

Earnings per share (EPS) is the portion of a company's profit allocated to each outstanding share of common stock. Canaccord Genuity upgraded Ritchie Bros. The share price has moved backward from its 20 days moving average, trading at a distance of -10.13% and stays -10.91% away from its 50 days moving average. [Full Article...]

US Government Bonds in Holding Pattern as Investors Await Inflation News

The Fed has fallen short of its 2 percent inflation target for several years. Fed officials expect to lift rates once more in 2017, according to their latest quarterly median projections. "Recent inflation data have surprised to the downside and call into question the idea that United States inflation is reliably returning toward target", Bullard pointed out. [Full Article...]

Vertex Pharmaceuticals Incorporated (NASDAQ:VRTX) Reviewed By Analysts

Vertex Pharmaceuticals Incorporated (NASDAQ:VRTX) Reviewed By Analysts Its down 0.22, from 1.1 in 2016Q3. Raymond James initiated the stock with "Mkt Perform" rating in Tuesday, September 13 report. 232.42 million shares or 0.81% less from 234.32 million shares in 2016Q3 were reported. On Wednesday, January 20 the stock rating was initiated by Credit Suisse with "Outperform". The company was upgraded on Monday, August 24 by Vetr . It worsened, as 48 investors sold ... [Full Article...]

South Korea's Moon demands official apology from Japan over 'comfort women'

South Korea's Moon demands official apology from Japan over 'comfort women' Beijing's foreign ministry released a statement on Thursday following this week's diplomatic dialogue between U.S. Secretary of State Rex Tillerson and Chinese State Councilor, Yang Jiechi. Moon had pledged during his election campaign to renegotiate the agreement. Moon's remarks revealed for the first time details of the so-called original THAAD agreement, while apparently shedding more light... [Full Article...]

Emmanuel Macron, the 'emperor' who hopes to solve problems by consensus

Emmanuel Macron, the 'emperor' who hopes to solve problems by consensus FRANCE OUTLOOK: After Macron's party got a majority in parliament, he is expected to reshuffle his government and look to pass a first set of laws this summer to reform France's labor laws, among other things. Jean-Luc Melenchon's Unsubmissive France party and the Communist Party garnered 27 seats in the parliament. Macron is a pragmatic reformer who believes that France's endemic problems - ... [Full Article...]

China, US vow to promote bilateral ties by managing differences

China, US vow to promote bilateral ties by managing differences The dialogue was one of four high-level mechanisms announced by Chinese President Xi Jinping and his US counterpart Donald Trump during their first meeting in Florida in April. While mentioning that he would be visiting China within the year at Xi's invitation, Trump said that this sort of high-level exchange would yield major results. [Full Article...]


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