Markets


Cuts Polymetal International PLC (POLY) Price Target to GBX 956
- May 22, 2017

The firm has "Buy" rating given on Friday, September 25 by Craig Hallum. Bryan Garnier & Cie upgraded the stock to "Buy" rating in Wednesday, January 27 report. Among 2 analysts covering Major Drilling Group ( TSE:MDI ), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 41% are positive. Historically, if we have a peek at price target revisions, GlaxoSmithKline plc (ADR) (NYSE:GSK)'s price target was revised by the analysts three weeks back on 04/24/17 to set its target price at $48.50 where ... (more...)
'Hostile Attempt': Iran Blasts US Over New Sanctions Against Missile Development 'Hostile Attempt': Iran Blasts US Over New Sanctions Against Missile Development
- May 22, 2017

China has complained repeatedly to the United States about unilateral sanctions against Chinese individuals and companies linked to either Iran or North Korea's nuclear or missile programmes. Washington has maintained a raft of other sanctions related to human rights and the missile programme that continue to stifle Iran's efforts to rebuild its foreign trade. (more...)
Immigration computer crash causes lengthy delays at airports in NZ and Australia
- May 22, 2017

Melbourne Airport's head of communications Grant Smith said outage hit the Advanced Passenger Processing system, which is used during check-in to see if passengers are allowed to travel to their destinations. The outage has affected check-in for worldwide flights departing Australia. "The system was out of action this morning for three hours as a result of a global issue", the statement reads per Sky News . (more...)
Pro-striking prisoners' protests, Trump visit focus of dailies — Newspapers Review Pro-striking prisoners' protests, Trump visit focus of dailies — Newspapers Review
- May 22, 2017

But afterword, again, both White House press secretary Sean Spicer and Trump's national security advisor, H.R. McMaster, when questioned about the Western Wall, refused to say whether it's part of Israel or not. Trump is now planning to visit without being accompanied by any Israeli officials, though there has been speculation over whether that could change. "If Israel and the Palestinians are happy, I'm happy with the one they like the best". (more...)
Erdogan to return to Turkey's ruling party as chairman Erdogan to return to Turkey's ruling party as chairman
- May 22, 2017

Such sweeping political changes, Erdogan says, are vital to ensure stability in Turkey in the face of militant threats and after an attempted coup previous year that Ankara attributed to supporters of US-based cleric Fethullah Gulen. "In my country, they tried to overthrow the state, and we gave 249 martyrs, and had 2,193 injured", said Erdogan, stressing "How dare you ask us to lift the state of emergency? ". (more...)
Ford Confirms 10% Salaried Job Cuts
- May 22, 2017

The company said the job cuts would occur through "voluntary" buyouts and early retirement packages and will be spread out among "most" salaried departments, except product development, manufacturing and the company's internal credit division. (more...)
North Korea fires unidentified projectile, says South Korea
- May 22, 2017

Last Sunday, North Korea successfully launched what it called a new ballistic missile that can carry a large, heavy nuclear warhead. A White House official said the projectile in the latest test was a medium-range ballistic missile, a system that North Korea tested in February. (more...)
Celtic finish unbeaten in Scottish Premiership Celtic finish unbeaten in Scottish Premiership
- May 22, 2017

And that breaks the record set by Martin O'Neill's Celtic team of the 2001-02 season when they finished with 103 points. The unbeaten feat was last achieved in Scotland by arch-rivals Rangers in 1898-99, over an 18-game season, and Celtic join the likes of Arsenal (2003-04) and Juventus (2011-12) in being "invincible" during a domestic campaign. (more...)
Eight injured, two seriously, after jet flips truck on LAX runway Eight injured, two seriously, after jet flips truck on LAX runway
- May 22, 2017

The injured have been taken to the hospital. The freaky collision took place on Saturday afternoon after an Aeromexico aircraft, flying from Mexico City with 146 passengers and crew, landed at the Los Angeles International Airport (LAX). There were no reports of injuries on the passenger jet that had approximately 146 passengers and crew members on board. One of the Aeromexico passengers complained of pain after getting off of the plane, Badlissi said. (more...)
North Korea links nuclear advances to hostile USA policy North Korea links nuclear advances to hostile USA policy
- May 22, 2017

Kim added that, while the US has signaled a willingness to talk, . actions are more important than words. "The rolling back the hostile policy towards DPRK is the prerequisite for solving all the problems in the Korean Peninsula", he said. (more...)
Tunnel Collapses at Washington Nuclear Waste Plant Tunnel Collapses at Washington Nuclear Waste Plant
- May 22, 2017

A former Energy Department official Bob Alvarez said that the rail cars carry spent fuel from a reactor area long the river to the chemical processing facility, which then extracts unsafe plutonium and uranium. The tunnel is understood to have enough storage space for 48 rail cars. The anti-nuclear group Beyond Nuclear said the incident helped show "radioactive waste management is out of control". (more...)
We deserve to be in the final: Rohit Sharma We deserve to be in the final: Rohit Sharma
- May 21, 2017

RPS skipper Steve Smith also echoed the same view while talking to reporters Saturday. Johnson (3-26) and Jasprit Bumrah (2-26) got assistance from the pitch as they turned the screws on Pune with time running out. But he isn't as consistent as the team requires him to. Now, we would have to wait and see who lifts the trophy this season but surely RPS would be clear favourites in the final. (more...)
New sanctions coming for Venezuela officials
- May 21, 2017

Venezuela's UN Ambassador Rafael Ramirez accused the United States of encouraging violent elements within Venezuela seeking to topple the Maduro government. Looting and attacks against security installations erupted overnight in the state of Tachira, which borders Colombia, authorities said. "Oil production continues its downward drift due to service provider cuts, power shortages, inability to obtain imports and irregular salary payments", Helima Croft, commodities strategist at RBC ... (more...)
Trump Toast of Town in Saudi Arabia as Talks Turn to Politics Trump Toast of Town in Saudi Arabia as Talks Turn to Politics
- May 21, 2017

Mr Trump's joining with leaders of the Gulf Cooperation Council in an effort to counter the financing of terrorism was described by White House adviser Dina Powell as the "farthest reaching commitment" to cut off terrorist funding. "You have a unique personality that is capable of doing the impossible", El-Sisi said. "There won't be strain with this relationship", Trump said. Executives from dozens of top United States companies as well as leaders and representatives from 54 Arab and Muslim ... (more...)
Pakistan to drag India to ICJ over Kashmir dispute Pakistan to drag India to ICJ over Kashmir dispute
- May 21, 2017

Pakistan will constitute a new team of lawyers to "vigorously" present its case against Jadhav, the Pakistan Prime Minister's Adviser on Foreign Affairs Sartaj Aziz said on Friday. "This has been a matter of concern". He said the ICJ had given its point of view on Jadhav's case to get consular access. It considered that the mere fact that Jadhav is under a death sentence and might, therefore, be executed is sufficient to demonstrate the existence of a risk of irreparable prejudice to the ... (more...)
GST rates finalised for services; education, healthcare exempted
- May 21, 2017

The current tax on toothpaste and soaps is close to 28%. Madhya Pradesh, Rajasthan and Gujarat have indicated they will empower local bodies to charge entertainment tax. The new tax is likely to be non-inflationary as the government has kept a majority of food items, with a combined weighting of almost 50 percent in the consumer price index, out of the tax net. (more...)
Speaker Paul Ryan: 'We Need the Facts' on James Comey's Firing Speaker Paul Ryan: 'We Need the Facts' on James Comey's Firing
- May 21, 2017

House Speaker Paul Ryan on Thursday said "drama is not helpful" but that it won't deter Republicans from getting tax reform done in this calendar year, The Washington Post reported . Also read: Here's how impeachment works - and why Trump is safe for now. TV networks also can not seem to find any Republicans willing to defend Trump to book on their shows. (more...)
Iran refutes USA for urging policy shift in Rouhani's second term
- May 21, 2017

Iran's Supreme Leader Grand Ayatollah Ali Khamenei, communicating in a series of tweets, lauded the "high turnout" and called it "glorious and historic" for Iranian elections. The prime minister, in a message of felicitation to the Iranian president, said the Iranian people had chosen President Rouhani to guide the country with his visionary and astute leadership, through which Iran had made significant achievements in all the national and global domains. (more...)
In Saudi Arabia, Melania Trump opts to keep her head bare
- May 21, 2017

After an overnight flight, the president was greeted at the airport by King Salman, which was notable given that the monarch did not show up a year ago to welcome President Barack Obama on his final visit to Saudi Arabia. The arms deal includes the sale of cybersecurity technology, tanks, artillery, ships, helicopters and radar missile-defense systems. The agreements came at a U.S. (more...)
ACC Announces Schedule for This Week's ACC Baseball Tournament ACC Announces Schedule for This Week's ACC Baseball Tournament
- May 21, 2017

All games will be played at Slugger Field in downtown Louisville. Despite being outscored 8-2, Louisville out-hit Florida State 8-7. The defeat also halted Louisville's streak of 33 consecutive regular season series victories at Jim Patterson Stadium. (more...)

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