Markets
Moody's downgrades Hong Kong after China ratings cut
- May 26, 2017
Moody's said it expects that the strength financially of the economy in China will erode during the next few years as its growth will slow and debut will continue rising. ANZ said it sees a marginal negative influence from the downgrade on the domestic bond market as local investors are not sensitive to global credit ratings, according to a report released yesterday. (more...)
- May 26, 2017
Moody's said it expects that the strength financially of the economy in China will erode during the next few years as its growth will slow and debut will continue rising. ANZ said it sees a marginal negative influence from the downgrade on the domestic bond market as local investors are not sensitive to global credit ratings, according to a report released yesterday. (more...)
Vectura Group PLC (VEC) Receives "Buy" Rating from Numis Securities Ltd
- May 26, 2017
The SI to Ppl Corporation's float is 1.53%. It has underperformed by 12.34% the S&P500. N+1 Singer's target gives a potential upside of 7.78% from the company's current stock price. The firm has "Underweight" rating by JP Morgan given on Tuesday, July 5. (NYSE:DRI) has "Overweight" rating given on Tuesday, May 17 by Piper Jaffray. (more...)
- May 26, 2017
The SI to Ppl Corporation's float is 1.53%. It has underperformed by 12.34% the S&P500. N+1 Singer's target gives a potential upside of 7.78% from the company's current stock price. The firm has "Underweight" rating by JP Morgan given on Tuesday, July 5. (NYSE:DRI) has "Overweight" rating given on Tuesday, May 17 by Piper Jaffray. (more...)
OPEC and non-OPEC nations poised to extend output cuts
- May 26, 2017
Sterling fell 0.3 percent on Friday to $1.2906, after a YouGov poll showed Britain's opposition Labour Party had cut the lead of Prime Minister Theresa May's Conservatives to five points less than a fortnight before national elections also weighed on sterling. (more...)
- May 26, 2017
Sterling fell 0.3 percent on Friday to $1.2906, after a YouGov poll showed Britain's opposition Labour Party had cut the lead of Prime Minister Theresa May's Conservatives to five points less than a fortnight before national elections also weighed on sterling. (more...)
Gorgeous Ivanka Trump makes BIG impression on Saudi king during visit
- May 25, 2017
While running for the job he now holds, Mr Trump criticised President Barack Obama for not using the term "radical Islamic extremism" and said that refusal indicated Mr Obama did not understand America's enemy. Trump, wearing a black skullcap, on Monday became the first sitting president to visit the Western Wall. In his speech , the president also put the blame on Iran for the "instability" happening in the region. (more...)
- May 25, 2017
While running for the job he now holds, Mr Trump criticised President Barack Obama for not using the term "radical Islamic extremism" and said that refusal indicated Mr Obama did not understand America's enemy. Trump, wearing a black skullcap, on Monday became the first sitting president to visit the Western Wall. In his speech , the president also put the blame on Iran for the "instability" happening in the region. (more...)
CBO Score: AHCA Could Lower Premiums
- May 25, 2017
This is the AHCA's second scoring by the CBO , which released its first report in March . But the CBO, which is responsible for analyzing the impact of proposed legislation for Congress, also warned in its latest report that if states made a decision to use the waivers included in the current version of the bill to avoid Obamacare regulations, it could make healthcare unaffordable for their residents with pre-existing conditions. (more...)
- May 25, 2017
This is the AHCA's second scoring by the CBO , which released its first report in March . But the CBO, which is responsible for analyzing the impact of proposed legislation for Congress, also warned in its latest report that if states made a decision to use the waivers included in the current version of the bill to avoid Obamacare regulations, it could make healthcare unaffordable for their residents with pre-existing conditions. (more...)
Close Brothers Group plc (CBG) Stock Rating Lowered by Macquarie
- May 25, 2017
The company was maintained on Tuesday, November 29 by FinnCap. The firm has "Add" rating by Numis Securities given on Tuesday, September 1. The brokerage set a "neutral" rating and a GBX 275 ($3.58) price target on the stock. Credit Suisse has "Underperform" rating and GBX 500 target. The rating was downgraded by Robert W. Baird to "Neutral" on Thursday, August 6. The rating was maintained by Numis Securities with "Buy" on Tuesday, February 21. (more...)
- May 25, 2017
The company was maintained on Tuesday, November 29 by FinnCap. The firm has "Add" rating by Numis Securities given on Tuesday, September 1. The brokerage set a "neutral" rating and a GBX 275 ($3.58) price target on the stock. Credit Suisse has "Underperform" rating and GBX 500 target. The rating was downgraded by Robert W. Baird to "Neutral" on Thursday, August 6. The rating was maintained by Numis Securities with "Buy" on Tuesday, February 21. (more...)
Classy Indians steals headphones, Tejas Express returns dirty after first trip
- May 25, 2017
The train - that covers more than 600 kilometers in less than nine hours - is plush with state-of-the-art amenities such as LCD TVs, WiFi, CCTVs, headphones, tea and coffee vending machines, bio-vacuum toilets and sensor-based touchless water taps. (more...)
- May 25, 2017
The train - that covers more than 600 kilometers in less than nine hours - is plush with state-of-the-art amenities such as LCD TVs, WiFi, CCTVs, headphones, tea and coffee vending machines, bio-vacuum toilets and sensor-based touchless water taps. (more...)
Planned US funding cuts not a 'closed issue — New WHO chief
- May 25, 2017
The delegates chose Ghebreyesus over U.K.'s Dr. David Nabarro , in the final round of election. Tedros, as he is known, opened by echoing remarks from his acceptance speech last night ( IPW, WHO, 23 May 2017 ). There are 185 countries eligible to vote. The announcement was made at the ongoing World Health Assembly at Geneva. Secretary Price encouraged his fellow health officials to embrace reforms to create a more transparent and accountable culture at the WHO. (more...)
- May 25, 2017
The delegates chose Ghebreyesus over U.K.'s Dr. David Nabarro , in the final round of election. Tedros, as he is known, opened by echoing remarks from his acceptance speech last night ( IPW, WHO, 23 May 2017 ). There are 185 countries eligible to vote. The announcement was made at the ongoing World Health Assembly at Geneva. Secretary Price encouraged his fellow health officials to embrace reforms to create a more transparent and accountable culture at the WHO. (more...)
Bribery allegations mount against Brazilian president
- May 25, 2017
Brazilian President Michel Temer , facing accusations that he obstructed a major fraud investigation, is to address the nation later on Saturday, a spokesman said . There was some good news for Temer, however. After the Globo report on Mr Temer, Brazil's highest court opened an investigation into the accusation late on Thursday and lifted the seal on the almost 39-minute recording , which is scratchy and often inaudible. (more...)
- May 25, 2017
Brazilian President Michel Temer , facing accusations that he obstructed a major fraud investigation, is to address the nation later on Saturday, a spokesman said . There was some good news for Temer, however. After the Globo report on Mr Temer, Brazil's highest court opened an investigation into the accusation late on Thursday and lifted the seal on the almost 39-minute recording , which is scratchy and often inaudible. (more...)
Moody's cuts China credit rating over rising debt
- May 25, 2017
Chinese economic growth fell from 14.2 percent in 2007 to 6.7 percent past year, though that still was among the world's strongest. China's credit rating has been downgraded by Moody's for the first time in nearly 30 years over fears that slowing growth and rising debts will weaken the world's second largest economy. (more...)
- May 25, 2017
Chinese economic growth fell from 14.2 percent in 2007 to 6.7 percent past year, though that still was among the world's strongest. China's credit rating has been downgraded by Moody's for the first time in nearly 30 years over fears that slowing growth and rising debts will weaken the world's second largest economy. (more...)
Pure Storage (NYSE:PSTG) Under Analyst Spotlight
- May 25, 2017
BlackRock Inc. now owns 66,418 shares of the technology company's stock worth $900,000 after buying an additional 1,910 shares during the last quarter. The technology company reported ($0.02) earnings per share for the quarter, beating the Zacks' consensus estimate of ($0.08) by $0.06. Pure Storage had a negative return on equity of 41.13% and a negative net margin of 37.84%. (more...)
- May 25, 2017
BlackRock Inc. now owns 66,418 shares of the technology company's stock worth $900,000 after buying an additional 1,910 shares during the last quarter. The technology company reported ($0.02) earnings per share for the quarter, beating the Zacks' consensus estimate of ($0.08) by $0.06. Pure Storage had a negative return on equity of 41.13% and a negative net margin of 37.84%. (more...)
Trump sparks war of words with Iran in firey Middle East speeches
- May 25, 2017
Orly Azoulay, Washington bureau chief for the newspaper Yedioth Ahronoth, told the Forward that it was "an act of humiliation aimed at the White House ". He toured the Church of the Holy Sepulchre, which by Christian tradition is where Jesus was crucified and the location of his tomb. The President's position changed partly due to the influence of three of his senior advisers - secretary of state Rex W. (more...)
- May 25, 2017
Orly Azoulay, Washington bureau chief for the newspaper Yedioth Ahronoth, told the Forward that it was "an act of humiliation aimed at the White House ". He toured the Church of the Holy Sepulchre, which by Christian tradition is where Jesus was crucified and the location of his tomb. The President's position changed partly due to the influence of three of his senior advisers - secretary of state Rex W. (more...)
Trump in Israel: Jews, Christians, Muslims Must 'Overcome Oppression and Hatred'
- May 25, 2017
During his stay in Saudi Arabia earlier this week, Trump mentioned Hamas alongside Islamic State (IS, formerly ISIS/ISIL) and Al-Qaeda terrorists, saying that the damage done by the groups " must be counted not only in the number of dead ", but also " in generations of vanished dreams ". (more...)
- May 25, 2017
During his stay in Saudi Arabia earlier this week, Trump mentioned Hamas alongside Islamic State (IS, formerly ISIS/ISIL) and Al-Qaeda terrorists, saying that the damage done by the groups " must be counted not only in the number of dead ", but also " in generations of vanished dreams ". (more...)
Oil prices rise as market expects extended production cut
- May 25, 2017
Oil prices settled a bit higher on Tuesday as expectations of an extension to OPEC-led supply cuts overshadowed a White House proposal to sell half of US petroleum reserves. "This offsets almost half of OPEC's production cuts", it noted. Algerian Energy Minister Noureddine Boutarfa told Reuters on Wednesday he believed that inventories should normalise by the end of 2017. (more...)
- May 25, 2017
Oil prices settled a bit higher on Tuesday as expectations of an extension to OPEC-led supply cuts overshadowed a White House proposal to sell half of US petroleum reserves. "This offsets almost half of OPEC's production cuts", it noted. Algerian Energy Minister Noureddine Boutarfa told Reuters on Wednesday he believed that inventories should normalise by the end of 2017. (more...)
Top official says U.S. hasn't verified IS claim on Manchester
- May 25, 2017
Outgoing FBI Director Robert Mueller reacts to applause from the audience during his farewell ceremony at the Justice Department in Washington , DC, U.S. John McCain called reports that President Donald Trump asked top intelligence officials to publicly deny evidence of cooperation between his campaign and Russian Federation "troubling" Tuesday, comparing the allegations to the plot of a "lousy movie". (more...)
- May 25, 2017
Outgoing FBI Director Robert Mueller reacts to applause from the audience during his farewell ceremony at the Justice Department in Washington , DC, U.S. John McCain called reports that President Donald Trump asked top intelligence officials to publicly deny evidence of cooperation between his campaign and Russian Federation "troubling" Tuesday, comparing the allegations to the plot of a "lousy movie". (more...)
Trump's Commerce Sec marvels at lack of protests in Saudi Arabia
- May 25, 2017
Drive them out of your Holy Land. Rohani spoke at a news conference on May 22, three days after winning a second term in an election he said showed that Iranians favor "moderation" and engagement with the world. To be sure, at one point - because "he was just an exhausted guy", an aide told the New York Times - he slipped off script and referred to "Islamic extremism" and "Islamic terror". (more...)
- May 25, 2017
Drive them out of your Holy Land. Rohani spoke at a news conference on May 22, three days after winning a second term in an election he said showed that Iranians favor "moderation" and engagement with the world. To be sure, at one point - because "he was just an exhausted guy", an aide told the New York Times - he slipped off script and referred to "Islamic extremism" and "Islamic terror". (more...)
Trump Neglects to Make Positive Nod to Muslims in America
- May 25, 2017
The former model and mother to Barron, one of Donald's five children, stepped out in a Ralph Lauren Collection safari shirt-dress and striped pumps today when she went to the American International School and an all-women's business services center in Riyadh . (more...)
- May 25, 2017
The former model and mother to Barron, one of Donald's five children, stepped out in a Ralph Lauren Collection safari shirt-dress and striped pumps today when she went to the American International School and an all-women's business services center in Riyadh . (more...)
Iran mocks Trump after speech in Saudi Arabia
- May 25, 2017
Some of Trump's wording on the issue also changed from his prepared remarks. A White House official later said the president did raise women's rights in his private meetings with Saudi officials, and noted that administration officials broached the topic in their talks in the lead-up to the trip. (more...)
- May 25, 2017
Some of Trump's wording on the issue also changed from his prepared remarks. A White House official later said the president did raise women's rights in his private meetings with Saudi officials, and noted that administration officials broached the topic in their talks in the lead-up to the trip. (more...)
Cheniere Energy Partners (CQP) Earning Positive Press Coverage, Study Finds
- May 25, 2017
About 1.05 million shares traded. Cheniere Energy Inc now has $11.50B valuation. The stock has a 50 day moving average of $47.14 and a 200-day moving average of $44.79. The stock of Cheniere Energy Partners LP Holdings LLC (NYSEMKT:CQH) earned "Outperform" rating by Credit Suisse on Wednesday, August 5. Citigroup upgraded Cheniere Energy, Inc. (more...)
- May 25, 2017
About 1.05 million shares traded. Cheniere Energy Inc now has $11.50B valuation. The stock has a 50 day moving average of $47.14 and a 200-day moving average of $44.79. The stock of Cheniere Energy Partners LP Holdings LLC (NYSEMKT:CQH) earned "Outperform" rating by Credit Suisse on Wednesday, August 5. Citigroup upgraded Cheniere Energy, Inc. (more...)
Numis Securities Ltd Reiterates Add Rating for Just Eat PLC (JE)
- May 25, 2017
The company was upgraded on Friday, September 4 by Zacks. The rating was maintained by Jefferies with "Buy" on Thursday, January 5. The firm has "Hold" rating by Jefferies given on Thursday, February 23. Analysts await Penske Automotive Group, Inc. Catalent Inc (NYSE:CTLT) has risen 27.19% since May 23, 2016 and is uptrending. They expect $0.26 EPS, up 44.44% or $0.08 from last year's $0.18 per share. (more...)
- May 25, 2017
The company was upgraded on Friday, September 4 by Zacks. The rating was maintained by Jefferies with "Buy" on Thursday, January 5. The firm has "Hold" rating by Jefferies given on Thursday, February 23. Analysts await Penske Automotive Group, Inc. Catalent Inc (NYSE:CTLT) has risen 27.19% since May 23, 2016 and is uptrending. They expect $0.26 EPS, up 44.44% or $0.08 from last year's $0.18 per share. (more...)
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BMO Capital Markets Reaffirms "Buy" Rating for Texas Instruments Incorporated (TXN)