Markets
Trump lands in Israel: What to watch
- May 25, 2017
According to USA Today, Donald Trump said: " Saudi Arabia and numerous countries that gave vast amounts of money to the Clinton Foundation want women as slaves and to kill gays". Later on Monday, he will pray at Judaism's Western Wall and visit the Church of the Holy Sepulchre in Jerusalem, and on Tuesday he will travel to Bethlehem. (more...)
- May 25, 2017
According to USA Today, Donald Trump said: " Saudi Arabia and numerous countries that gave vast amounts of money to the Clinton Foundation want women as slaves and to kill gays". Later on Monday, he will pray at Judaism's Western Wall and visit the Church of the Holy Sepulchre in Jerusalem, and on Tuesday he will travel to Bethlehem. (more...)
United States decries Washington, DC, brawl during Erdogan's visit
- May 25, 2017
Speaking in Istanbul two days after meeting President Donald Trump in Washington, Erdogan criticized the USA decision to ally with "terror organizations" for the long-awaited operation to capture Raqqa, the de facto capital of the Islamic State group. (more...)
- May 25, 2017
Speaking in Istanbul two days after meeting President Donald Trump in Washington, Erdogan criticized the USA decision to ally with "terror organizations" for the long-awaited operation to capture Raqqa, the de facto capital of the Islamic State group. (more...)
OPEC nearing deal to extend output cut to March 2018
- May 25, 2017
It won't try, however: Instead of playing a long game, the Saudis have chosen to reap the benefits of moderate oil prices today, patching up the kingdom's budget and trying to invest in the diversification of its economy. "Over a five-plus-year horizon, oil price growth is in a structural slowdown, pressured by persistent supply gains", BMI Research said. "Where the Saudis and Iranians' interests converge is in giving support to oil prices by maintaining the production cuts". (more...)
- May 25, 2017
It won't try, however: Instead of playing a long game, the Saudis have chosen to reap the benefits of moderate oil prices today, patching up the kingdom's budget and trying to invest in the diversification of its economy. "Over a five-plus-year horizon, oil price growth is in a structural slowdown, pressured by persistent supply gains", BMI Research said. "Where the Saudis and Iranians' interests converge is in giving support to oil prices by maintaining the production cuts". (more...)
Moody's downgrades China credit rating
- May 25, 2017
The Chinese finance ministry criticized the decision. What happens in the world's second largest economy has the potential to have a huge impact here in the biggest one. The downgrade was based on the "pro-cyclical" rating approach which is "inappropriate", the Ministry of Finance (MOF) said. "These viewpoints, to some extent, overestimate the difficulties facing the Chinese economy and underestimate the capabilities of China to deepen supply-side structural reform and expand overall ... (more...)
- May 25, 2017
The Chinese finance ministry criticized the decision. What happens in the world's second largest economy has the potential to have a huge impact here in the biggest one. The downgrade was based on the "pro-cyclical" rating approach which is "inappropriate", the Ministry of Finance (MOF) said. "These viewpoints, to some extent, overestimate the difficulties facing the Chinese economy and underestimate the capabilities of China to deepen supply-side structural reform and expand overall ... (more...)
Analyst Activity - Leerink Swann Reiterates Outperform on AstraZeneca plc (NYSE:AZN)
- May 25, 2017
The average 1 year price objective among brokers that have covered the stock in the last year is GBX 463.82 ($5.99). EnQuest Plc had 101 analyst reports since July 24, 2015 according to SRatingsIntel. Since December 2, 2016, it had 0 insider purchases, and 7 insider sales for $12.45 million activity. A number of other equities research analysts have also recently issued reports on SCPA. (more...)
- May 25, 2017
The average 1 year price objective among brokers that have covered the stock in the last year is GBX 463.82 ($5.99). EnQuest Plc had 101 analyst reports since July 24, 2015 according to SRatingsIntel. Since December 2, 2016, it had 0 insider purchases, and 7 insider sales for $12.45 million activity. A number of other equities research analysts have also recently issued reports on SCPA. (more...)
No Medicaid cuts in Trump budget? Really?
- May 25, 2017
Mulvaney gave an unapologetic defense of Trump proposals to slash programs related to the environment, education, health care for the poor and foreign aid. Casey Harden, interim CEO for YWCA USA , said in a statement that the organization is alarmed by attacks made on women's reproductive health represented in the budget. (more...)
- May 25, 2017
Mulvaney gave an unapologetic defense of Trump proposals to slash programs related to the environment, education, health care for the poor and foreign aid. Casey Harden, interim CEO for YWCA USA , said in a statement that the organization is alarmed by attacks made on women's reproductive health represented in the budget. (more...)
Treasury chief to Congress: Raise debt limit before August
- May 25, 2017
White House budget director Mick Mulvaney warned lawmakers on Wednesday that they may have to vote to increase the government's borrowing authority sooner than previously thought. "The (tax) receipts, currently, are coming in slower than expected and you may soon hear from Mnuchin about a change in the date", Mulvaney told the House Budget Committee. (more...)
- May 25, 2017
White House budget director Mick Mulvaney warned lawmakers on Wednesday that they may have to vote to increase the government's borrowing authority sooner than previously thought. "The (tax) receipts, currently, are coming in slower than expected and you may soon hear from Mnuchin about a change in the date", Mulvaney told the House Budget Committee. (more...)
Nigeria's GDP Hits N26.02trn As Recession Slows
- May 25, 2017
Already, there are renewed hopes for better times soon, as analysts say there are signs of resurgence and growth in the troubled oil sector.Average oil production inched up from the fourth quarter of 2016 by 0.07 million barrels per day (bpd) to 1.83 million barrels in the first quarter, NBS said. (more...)
- May 25, 2017
Already, there are renewed hopes for better times soon, as analysts say there are signs of resurgence and growth in the troubled oil sector.Average oil production inched up from the fourth quarter of 2016 by 0.07 million barrels per day (bpd) to 1.83 million barrels in the first quarter, NBS said. (more...)
Microsoft wants Windows to play nice with iPhones and Android devices
- May 25, 2017
Earlier we have reported that Microsoft is planning to separate its Edge Browser from the Operating System bundle and update it via Windows Store. The update will also debut a new video and editing app called Story Remix , which lets users quickly create video montages from photos and videos. (more...)
- May 25, 2017
Earlier we have reported that Microsoft is planning to separate its Edge Browser from the Operating System bundle and update it via Windows Store. The update will also debut a new video and editing app called Story Remix , which lets users quickly create video montages from photos and videos. (more...)
Trump discussed terrorism, climate change with Pope
- May 25, 2017
Trump traveled to the Vatican with the first lady Melania Trump , his daughter Ivanka Trump and her husband Jared Kushner . Images of the smile-versus-scowl comparison have caught fire on social media. Climate change activists projected the words "Planet Earth First" on the massive dome of St. Peter's Basilica at the Vatican Tuesday night, and protests are expected when he attends a North Atlantic Treaty Organisation meeting in Brussels and a G-7 gathering in Sicily. (more...)
- May 25, 2017
Trump traveled to the Vatican with the first lady Melania Trump , his daughter Ivanka Trump and her husband Jared Kushner . Images of the smile-versus-scowl comparison have caught fire on social media. Climate change activists projected the words "Planet Earth First" on the massive dome of St. Peter's Basilica at the Vatican Tuesday night, and protests are expected when he attends a North Atlantic Treaty Organisation meeting in Brussels and a G-7 gathering in Sicily. (more...)
Iran will continue missile programme, says Rouhani
- May 25, 2017
Remarks by enemies about Iran's missile power result from their ignorance, President Rouhani said at a cabinet session on Wednesday. Nevertheless, Trump also exaggerates in suggesting the deal has made Iran prosper. Just as we won the Cold War, in part, by exposing the evils of communism and the virtues of free markets, so too must we take on the ideology of Radical Islam. (more...)
- May 25, 2017
Remarks by enemies about Iran's missile power result from their ignorance, President Rouhani said at a cabinet session on Wednesday. Nevertheless, Trump also exaggerates in suggesting the deal has made Iran prosper. Just as we won the Cold War, in part, by exposing the evils of communism and the virtues of free markets, so too must we take on the ideology of Radical Islam. (more...)
Rocket Lab launches 3-D printed rocket into space from New Zealand
- May 25, 2017
More to follow!" the USA company, founded by New Zealander Peter Beck , tweeted at 4:29 p.m. The launch is the first time a rocket has been sent into orbit from a private facility, and makes New Zealand the 11th country where an orbital rocket has been launched. (more...)
- May 25, 2017
More to follow!" the USA company, founded by New Zealander Peter Beck , tweeted at 4:29 p.m. The launch is the first time a rocket has been sent into orbit from a private facility, and makes New Zealand the 11th country where an orbital rocket has been launched. (more...)
Moody's cuts ratings of 26 Chinese state firms
- May 25, 2017
Moody's Investors Services brought down China's long-term local currency and foreign currency issuer ratings by one notch to A1 from Aa3. The demotion indicates the bond rating firm regards China's capacity to meet financial commitments is "strong", as opposed to "very strong". (more...)
- May 25, 2017
Moody's Investors Services brought down China's long-term local currency and foreign currency issuer ratings by one notch to A1 from Aa3. The demotion indicates the bond rating firm regards China's capacity to meet financial commitments is "strong", as opposed to "very strong". (more...)
Ladbrokes Coral Group PLC's (LCL) Buy Rating Reaffirmed at Shore Capital
- May 25, 2017
The Mraz Amerine & Associates Inc holds 31,757 shares with $1.12 million value, up from 14,080 last quarter. It closed at $140.23 lastly. It has by 0.00% the S&P500.The move comes after 7 months negative chart setup for the $837.54M company. (more...)
- May 25, 2017
The Mraz Amerine & Associates Inc holds 31,757 shares with $1.12 million value, up from 14,080 last quarter. It closed at $140.23 lastly. It has by 0.00% the S&P500.The move comes after 7 months negative chart setup for the $837.54M company. (more...)
Revenue Approximations Analysis: Lennar Corporation (LEN), Lockheed Martin Corporation (LMT)
- May 25, 2017
They expect $0.30 EPS, up 3.45% or $0.01 from last year's $0.29 per share. About 949,375 shares traded. It has underperformed by 2.51% the S&P500. Among 9 analysts covering Annaly Capital Management Inc ( NYSE:NLY ), 1 have Buy rating, 2 Sell and 6 Hold. (more...)
- May 25, 2017
They expect $0.30 EPS, up 3.45% or $0.01 from last year's $0.29 per share. About 949,375 shares traded. It has underperformed by 2.51% the S&P500. Among 9 analysts covering Annaly Capital Management Inc ( NYSE:NLY ), 1 have Buy rating, 2 Sell and 6 Hold. (more...)
Drugmaker paying $33M over recalled nonprescription meds
- May 25, 2017
The accusations stemmed from recalls of ten over-the-counter medications manufactured between 2009 and 2011, including some children's medications, because of quality control lapses. The company pleaded guilty in 2015 to selling liquid medicines contaminated with metal, and agreed to pay $25 million to the federal government. "We will always hold companies accountable for unlawful actions that may jeopardize patient safety", West Virginia Attorney General Patrick Morrisey said in a ... (more...)
- May 25, 2017
The accusations stemmed from recalls of ten over-the-counter medications manufactured between 2009 and 2011, including some children's medications, because of quality control lapses. The company pleaded guilty in 2015 to selling liquid medicines contaminated with metal, and agreed to pay $25 million to the federal government. "We will always hold companies accountable for unlawful actions that may jeopardize patient safety", West Virginia Attorney General Patrick Morrisey said in a ... (more...)
Israelis, Palestinans ready 'to reach for peace'
- May 25, 2017
But hardliners in Israel could find in Trump's concluding speech plenty to work with. Husam Zumlot, a former adviser to Abbas who is now the Palestinian ambassador in Washington, said the contours of any deal between the Israelis and the Palestinians were well known to both sides. (more...)
- May 25, 2017
But hardliners in Israel could find in Trump's concluding speech plenty to work with. Husam Zumlot, a former adviser to Abbas who is now the Palestinian ambassador in Washington, said the contours of any deal between the Israelis and the Palestinians were well known to both sides. (more...)
General Electric Company (GE) Director Buys $110800.00 in Stock
- May 25, 2017
It has underperformed by 21.16% the S&P500. Broadfin Capital Llc increased Mediwound Ltd (MDWD) stake by 19.23% reported in 2016Q4 SEC filing. Currently, the stock is -7.40% from its 50-Day High and 4.35% from the 50-day low. Therefore 0 are positive. The firm has "Market Perform" rating by Bernstein given on Tuesday, July 26. The stock now has a consensus rating of "Hold" and a consensus price target of $31.73. (more...)
- May 25, 2017
It has underperformed by 21.16% the S&P500. Broadfin Capital Llc increased Mediwound Ltd (MDWD) stake by 19.23% reported in 2016Q4 SEC filing. Currently, the stock is -7.40% from its 50-Day High and 4.35% from the 50-day low. Therefore 0 are positive. The firm has "Market Perform" rating by Bernstein given on Tuesday, July 26. The stock now has a consensus rating of "Hold" and a consensus price target of $31.73. (more...)
Moody's downgrades China's rating; changes outlook
- May 25, 2017
After the downgrade, Moody's said it doesn't plan to move China's rating lower than A1, which is still investment grade, anytime soon. China's sovereign debt is mostly held by domestic investors, shielding the nation somewhat from the impact of ratings changes. (more...)
- May 25, 2017
After the downgrade, Moody's said it doesn't plan to move China's rating lower than A1, which is still investment grade, anytime soon. China's sovereign debt is mostly held by domestic investors, shielding the nation somewhat from the impact of ratings changes. (more...)
Trump budget chief defends plan in face of opposition
- May 25, 2017
For his part, U.S. Sen. Mnuchin's comments came shortly after White House budget director Mick Mulvaney said that government "receipts now are coming a little bit slower than expected". 19, 2016. So, anyone who is poor or sick would be hit especially hard by this. The budget, officially titled " A New Foundation for American Greatness ", would offer states the choice to cap Medicaid funding through a per-capita spending allotment or a block grant for the entire program. (more...)
- May 25, 2017
For his part, U.S. Sen. Mnuchin's comments came shortly after White House budget director Mick Mulvaney said that government "receipts now are coming a little bit slower than expected". 19, 2016. So, anyone who is poor or sick would be hit especially hard by this. The budget, officially titled " A New Foundation for American Greatness ", would offer states the choice to cap Medicaid funding through a per-capita spending allotment or a block grant for the entire program. (more...)
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Asia stocks, US$ extend slide as US-North Korea tensions intensify