Markets

Sonali Bendre and Bipasha Basu disappointed with Justin Bieber's concert!

A lot of them were spotted singing and dancing along every song on the play list, however, there were some who weren't impressed with the 23-year-old's performance at all. "What a handsome night for me as I am here in this attractive country for the first timeaAnd you people are fav (favourite)", Bieber said at the D.Y. [Full Article...]

The Lib Dems just pledged to legalise cannabis

The Lib Dems just pledged to legalise cannabis Cannabis would only be sold to people over 18 and sales would be strictly regulated under the new proposals, which could generate up to £1 billion per year in tax revenues, the party predicts. "The system is causing huge amounts of harm". We spend a lot of money making people's lives worse. I tried cannabis when I was younger, as did many other politicians. [Full Article...]

OPEC asks United States to cut oil output and prosper global economy

The Organisation of the Petroleum Exporting Countries and other producers including Russian Federation have agreed to cut output by nearly 1.8 million barrels per day (bpd) during the first half of the year to try to reduce a global fuel glut. [Full Article...]

Kohl's Q1 Profit Tops View, But Sales Miss

Kohl's Q1 Profit Tops View, But Sales Miss Vanguard Group Inc. now owns 18,956,223 shares of the company's stock worth $754,646,000 after buying an additional 1,254,285 shares in the last quarter. Stockholders of record on Wednesday, June 7th will be given a $0.55 dividend. The ex-dividend date of this dividend is Monday, June 5th. Kohl's Co.'s dividend payout ratio (DPR) is presently 61.16%. [Full Article...]

Oil rebounds above $50 on latest U.S. stockpile figures

Crude prices had hovered near five-months lows earlier this week, but surged yesterday after the Energy Information Administration released data showing a 5.2 million barrel drop in USA crude stockpiles for the week ended May 5, far exceeding market expectations. [Full Article...]

Spicer: Flynn deserved 'due process' in face of 'political opponent' Yates' warnings

Spicer: Flynn deserved 'due process' in face of 'political opponent' Yates' warnings He also labeled her "not exactly someone excited about President Trump". And yet General Flynn was confirmed as National Security Advisor in February, only to be forced to resign within 24 hours for lying for his contact with the Russian Ambassador. [Full Article...]

Twelve Scottish health boards hit by major cyber attack

A HSE spokesperson told Independent.ie: "On foot of that meeting it was decided that, as a protective measure, the HSE's Office of the Chief Information Officer would remove all external access to the HSE's Network to protect the integrity of clinical IT systems throughout our Health System". [Full Article...]

At least 74 countries affected in 'biggest ever' cyber attack

But the attackers may yet tweak the code and restart the cycle. Security officials in Britain urged organizations to protect themselves from ransomware by updating their security software fixes, running anti-virus software and backing up data elsewhere. [Full Article...]

Investors are Observing: Monster Beverage Corporation (MNST)

William Blair Investment Management LLC raised its stake in Monster Beverage by 91.8% in the first quarter. On average, equities research analysts predict that Monster Beverage Co. The sale was disclosed in a legal filing with the SEC, which is accessible through this link . Corporate insiders own 9.20% of the company's stock. The company's institutional ownership is monitored at 68.1 percent. [Full Article...]

Worth Watching Stock Precision Drilling Corporation (PDS)

The oil and gas company reported ($0.06) EPS for the quarter, beating analysts' consensus estimates of ($0.11) by $0.05. The company had revenue of $346.80 million for the quarter, compared to analyst estimates of $345.06 million. Canada based company, Precision Drilling Corporation (PDS)'s latest closing price was -23.10% from the average-price of 200 days while it maintained a distance from th... [Full Article...]

Acacia Communications, Inc. (ACIA) Stake Raised by Guggenheim Capital LLC

Acacia Communications, Inc. (ACIA) Stake Raised by Guggenheim Capital LLC Price Target is basically a projection of future price of a company's stock by the expert analysis of investment analysts or investment firms. Finally, FNY Partners Fund LP purchased a new stake in shares of Acacia Communications during the fourth quarter valued at approximately $124,000. [Full Article...]

Chinese diplomat comments on Silk Road Economic Belt project's first results

In a separate meeting with Szydlo also on Friday, Chinese Premier Li Keqiang urged China and Poland to make full use of regular meetings between the Chinese premier and Polish prime minister and other mechanisms and platforms, to dovetail their development strategies and boost connectivity and bilateral trade. [Full Article...]

Consensus emerging for OPEC, non-OPEC to extend output pact: Saudi governor

Even though the cartels production fell by 1.6 million barrels per day from its peak in November and fell for the fourth consecutive month in April, the increase in United States shale production, inventories and rig count have single-handedly offset the efforts of the cartel to push crude prices. [Full Article...]

China trade deal is big, but not that big

China trade deal is big, but not that big By mid-July, U.S. beef producers will have broader access to Chinese markets, while America will move forward on allowing the import of cooked poultry from China , according to a joint statement announcing the deal. The two sides didn't discuss whether the USA would join the Asian Infrastructure Investment Bank, Ross said. While Trump had earlier said China could receive more favorable trade... [Full Article...]

Amber Rudd chairs emergency meeting after NHS cyber attack

She said Britain's National Cyber Security Center was working with the country's health service to ensure the attack was contained, while the National Crime Agency was working with them to find out where it came from. British Home Secretary Amber Rudd said Saturday that 45 public health organizations were hit, but she stressed that no patient data had been stolen. [Full Article...]

United Nations climate talks begin amid uncertainty over USA position

Salaheddine Mezouar of Morocco, who presided over the last high-level climate negotiations in 2016, said he trusted that "the good sense and pragmatic spirit President Trump and his team" would prevail. The United States, alongside more than 100 other countries, signed onto the accord under former President Barack Obama that aims to limit greenhouse gas emissions in member countries. [Full Article...]

Nations assess cyberattack damages; UK focuses on hospitals

Europol described it as " unprecedented ". The attack, which is believed to have been based on technology stolen from the National Security Agency in the United States, encrypted files in up to 100 countries, halting work at major companies including Nissan , FedEx and Vodafone. [Full Article...]

Oil prices rise in expectation of Aramco supply cut to Asia

Oil prices rise in expectation of Aramco supply cut to Asia While US oil inventories fell, the country's crude oil production continued to rise, jumping above 9.3-million barrels a day last week, in what is now a more than 10% increase since its mid-2016 trough. Brent crude has endured a volatile past few years, plummeting from more than $100 a barrel in 2014 to less than $30 last year. Global oil inventories probably increased in the first quarter despi... [Full Article...]

Portugal Telecom says hit by cyber attack, no impact on services

A Nissan spokesman said he could not confirm whether production had been affected. With almost 45 NHS organisations from London to Scotland hit in the "ransomware" attack on Friday, patients of the state-funded countrywide service are facing days of chaos as appointments and surgeries have been cancelled. [Full Article...]

Jeremy Corbyn rejects claims he is a pacifist

Jeremy Corbyn rejects claims he is a pacifist The signatories of the statement appealed to Poles living in Britain to vote Labour "if they are able to vote and to support and help in the Labour Party's election campaign". Recent U.K. governments, both Conservative and Labour, have joined USA -led military interventions in Afghanistan, Iraq, Libya and against the Islamic State group in Syria. [Full Article...]


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