Markets

Saudi, UAE pledge $100mn to Ivanka Trump women's fund

Saudi, UAE pledge $100mn to Ivanka Trump women's fund He urged them to drive extremists "out of your places of worship". Drive them out of your community. Drive them out of your holy land. Saudi Arabia was home to terrorist Osama Bin Laden and to 15 of the 19 hijackers who committed the September 11, 2001, terror attacks, he said. [Full Article...]

Texas revives transgender 'bathroom bill' for public schools

Texas revives transgender 'bathroom bill' for public schools The Senate gave preliminary approval Sunday night. The bill states the government or anyone working with the state's child welfare system who operates within Texas under government authority are not allowed to "discriminate or take any adverse action", such as lawsuits, against adoption agencies that choose to "decline to provide, facilitate or refer a person for child welfare services" due to t... [Full Article...]

Merkel says "weak" euro is to blame for Germany's trade surplus

Merkel says Gold bounced higher in Europe to reach a high of $1259.68 an ounce. 25 and has notched up gains of more than 17 percent for the MSCI emerging stocks index compared to 8 percent for the world index even as some investors grew wary of the outlook. [Full Article...]

Xi-Moon talks dwell on Korean nuke tensions

Xi-Moon talks dwell on Korean nuke tensions Geun-Hye has been accused of using her power to coerce companies in donating almost 70 million dollars, which was funneled through two foundations run by the former president. In addition to a naval strike group, which includes the large USS Carl Vinson aircraft carrier, Washington deployed two supersonic bombers over the peninsula during a joint exercise with South Korea's air force in early May. [Full Article...]

Trump to meet with Israeli and Palestinian leaders, separately

Hamas spokesman Fawzi Barhum said Trump's remarks were "aimed at besmirching the reputation of the Palestinian resistance". Trump has also retreated from a campaign pledge to move the U.S. Israel's prime minister has praised President Donald Trump's "clarity and conviction" in his speech in Saudi Arabia on Sunday. Trump's visit to Israel began with a lighthearted moment. [Full Article...]

ING Groep NV Has $2.627 Million Stake in Freeport-McMoRan Inc (FCX)

Stock is now moving with a negative distance from the 200 day simple moving average of approximately -12.33%, and has a poor year to date (YTD) performance of -14.4% which means the stock is constantly subtracting to its value from the previous fiscal year end price. [Full Article...]

North Korea says ready to deploy, mass-produce new missile

Kim reportedly said the launch was a success, "approved the deployment of this weapon system for action" and said that it should "be rapidly mass-produced". It was the latest in a series of launches this year, as Pyongyang steps up its efforts to develop an intercontinental ballistic missile (ICBM) capable of delivering a nuclear warhead to the continental United States - something President Donal... [Full Article...]

Carr's Group PLC (CARR) Plans €0.95 Dividend

Numis Securities Ltd reiterated a buy rating and set a GBX 370 ($4.79) price objective on shares of On The Beach Group PLC in a research note on Tuesday, February 21st. Stockholders of record on Thursday, April 27th were given a GBX 3 ($0.04) dividend. TRADEMARK VIOLATION NOTICE: "BT Group plc (BT.A) Given New GBX 450 Price Target at Barclays PLC" was first posted by The Cerbat Gem and is the so... [Full Article...]

Indy 500 winners Dixon, Franchitti robbed at a Taco Bell

Scottish racing driver Dario Franchitti has been robbed at gunpoint at a fast food restaurant in the United States along with team mate Scott Dixon. "You don't expect that to happen, especially here". He turned four laps at an average speed of 232.164 miles per hour during qualifying. He won the Indy 500 in 2008. [Full Article...]

Billy Horschel outduels Jason Day to win Byron Nelson in playoff

Billy Horschel outduels Jason Day to win Byron Nelson in playoff Horschel had missed four straight cuts, while Day was coming off a final-round eight-over 80 at the Players Championship. The American had not won a PGA Tour event since claiming the Fedex Cup in September 2014, but he benefited on the first extra hole as Day rolled a four-foot putt past the hole when trying to match Horschel's par. [Full Article...]

Encana Corp (ECA) Given Average Recommendation of "Buy" by Analysts

P/E of the company is not reported. If you look at the company's income statement over the past years, you will see that the company is constantly posting gross profit: In 2014, ECA earned gross profit of 5.96 Billion, in 2015 3.23 Billion gross profit, while in 2016 Encana Corporation ( ECA ) produced 1.64 Billion profit. [Full Article...]

Cuomo calls on Trump for federal help with Penn Station

Cuomo calls on Trump for federal help with Penn Station In a letter to Trump dated May 21, Cuomo requested "the federal government treat this as an emergency situation" and asked Trump to provide funding for construction and transportation alternatives, as well as for a long-term solution. Department of Transportation, which would handle Cuomo's proposal, did not respond to requests for comment. "We will see increased delays at surrounding regional t... [Full Article...]

Sudirman Cup: Sindhu lone winner in India's 1-4 defeat to Denmark

Sudirman Cup: Sindhu lone winner in India's 1-4 defeat to Denmark Group 2: Australia bt U.S. 4-1; Singapore bt Austria 5-0. Macau, Sri Lanka and Slovakia all enjoyed wins by the same scoreline in the Group 3 action against Guam, Tahiti and Fiji, respectively. While it is hard to beat Denmark, India are fancying their chances against Indonesia. But in such a mixed team contest, the doubles team have to be shine. [Full Article...]

Texas set to pass transgender bathroom law for schools

Texas set to pass transgender bathroom law for schools During Barack Obama's presidency, the U.S. Department of Education had tried to implement a measure allowing all transgender students in schools to choose bathrooms and lockers of their choice. Opponents also warn that passage would be greeted by boycotts, endangering the state's economy. Abbott, who has the power to call a special session, has said the two items are priorities in the home stret... [Full Article...]

Amazon is preparing to launch checkout-free supermarkets in the UK

Amazon is preparing to launch checkout-free supermarkets in the UK The online retailer filed a trademark for the slogan "Every queue is a defect" on 11 May, along with the slogan of its Seattle Amazon Go store: 'No queue. Since the beta launch, speculation has been rife over Amazon launching the same format in the United Kingdom, and The Times reported it was looking for "about two dozen sites" in London in February. [Full Article...]

AstraZeneca sells ageing beta-blocker to Recordati for $300 mln

AstraZeneca sells ageing beta-blocker to Recordati for $300 mln The agreement only relates to Europe, where the medicine made $110m in product sales past year, meaning AstraZeneca will continue to commercialise the medicine in other markets. In 2016, this so-called "externalisation revenue" was worth nearly $1.7 billion to AZ - very handy at a time when sales of big-selling cholesterol drug Crestor (rosuvastatin) are dropping rapidly in the key U.S. [Full Article...]

Trump, Saudi king excoriate Iran as 'spearhead' of world terror

Trump, Saudi king excoriate Iran as 'spearhead' of world terror Trump and the leaders are to establish a center aimed at cracking down on the ability of Muslim militants to spread their message. Trump said nothing that could be interpreted as an apology. But Trump's speech on Sunday marked some provocative changes, he said. Declaring Iran the "tip of the spear" of global terrorism, the king said Saudi Arabia will show no leniency in dealing with those who fi... [Full Article...]

North Korea's Kim Jong-un targeted in United States sponsored terror attack

North Korea's Kim Jong-un targeted in United States sponsored terror attack Moon, a liberal, favors a softer approach to North Korea than his conservative predecessors and has offered to visit Pyongyang if the circumstances are right. It conducted its latest ballistic missile launch, in defiance of UN Security Council resolutions, on Sunday. He said the missile went very high and came down, but he would not characterize it as demonstrating the controlled re-entry of a m... [Full Article...]

Fyre Festival is now 'being investigated by the FBI'

Fyre Festival is now 'being investigated by the FBI' A spokesman for the FBI declined to comment to NYT on the ongoing investigation. The F.B.I.is investigating potential mail, wire and securities fraud related to the festival, reports The New York Times . Pending lawsuits include one from the festival's investors, who say they're missing millions, as well as several from attendees who have claimed breach of contract, breach of a covenant of goo... [Full Article...]

Jean-Michel Basquiat's Untitled Sells for a Staggering $110 Million

When he bought another Basquiat a year ago for $ 57 million , he said, "When I encountered the work at the Christie's NY preview, I had an immediate visceral connection it. The New York Times reports it was also the record price for any American artist, as well as for any black artist. If you're wondering if that might be a record sale price, the answer is yes. [Full Article...]


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