Markets
Search for 7 Navy sailors ends after bodies found on ship
- June 18, 2017
The USS Fitzgerald's commanding officer, Commander Bryce Benson was one of two who were injured that required medical evacuation. The victims might have been killed by the impact of the collision or drowned in the flooding, said Navy spokesman Lt. (more...)
- June 18, 2017
The USS Fitzgerald's commanding officer, Commander Bryce Benson was one of two who were injured that required medical evacuation. The victims might have been killed by the impact of the collision or drowned in the flooding, said Navy spokesman Lt. (more...)
President Trump confirms he is under investigation
- June 18, 2017
He reiterated tweets from Thursday morning about the investigation. Although he didn't name anyone , Trump appeared to be pointing the finger at Rod Rosenstein , the deputy attorney general who began overseeing the Russian Federation investigation after Attorney General Jeff Sessions recused himself from it. (more...)
- June 18, 2017
He reiterated tweets from Thursday morning about the investigation. Although he didn't name anyone , Trump appeared to be pointing the finger at Rod Rosenstein , the deputy attorney general who began overseeing the Russian Federation investigation after Attorney General Jeff Sessions recused himself from it. (more...)
Zynga Inc. (ZNGA) Earns "Buy" Rating from Jefferies Group LLC
- June 18, 2017
Stock is now moving with a positive distance from the 200 day simple moving average of approximately 25.18%, and has a solid year to date (YTD) performance of 39.3% which means the stock is constantly adding to its value from the previous fiscal year end price. (more...)
- June 18, 2017
Stock is now moving with a positive distance from the 200 day simple moving average of approximately 25.18%, and has a solid year to date (YTD) performance of 39.3% which means the stock is constantly adding to its value from the previous fiscal year end price. (more...)
Immelt Out at GE After 16 Years; Flannery to Be New CEO
- June 18, 2017
Flannery, who will assume the CEO role August 1, seems poised to continue that emphasis. Jeffrey Immelt , Chairman and CEO of General Electric , appears on a panel at the Clinton Global Initiative (CGI) on September 24, 2009 in New York City. (more...)
- June 18, 2017
Flannery, who will assume the CEO role August 1, seems poised to continue that emphasis. Jeffrey Immelt , Chairman and CEO of General Electric , appears on a panel at the Clinton Global Initiative (CGI) on September 24, 2009 in New York City. (more...)
Ernst: allow 'time period' for 'feedback' on Senate GOP's health care bill
- June 18, 2017
The details of the Republican-backed bill is still a mystery; and, many Medicaid patients are anxious that the bill will slash state funding by millions of dollars. Elijah Cummings, D-Md. Yet numerous Democrats' ideas involve a larger federal footprint in health care, such as more generous subsidies or a government-run "public option" plan - things Republicans have derided as "more Obamacare ". (more...)
- June 18, 2017
The details of the Republican-backed bill is still a mystery; and, many Medicaid patients are anxious that the bill will slash state funding by millions of dollars. Elijah Cummings, D-Md. Yet numerous Democrats' ideas involve a larger federal footprint in health care, such as more generous subsidies or a government-run "public option" plan - things Republicans have derided as "more Obamacare ". (more...)
Puerto Rico again votes for statehood, but needs Congress to act
- June 18, 2017
Puerto Rico's debt and migration crisis is in part result of its territorial status. There would be increases in Medicaid funding, there would be welfare benefits, tax credits, unemployment insurance, and a whole raft of other federal programs that aren't now available to the territory. (more...)
- June 18, 2017
Puerto Rico's debt and migration crisis is in part result of its territorial status. There would be increases in Medicaid funding, there would be welfare benefits, tax credits, unemployment insurance, and a whole raft of other federal programs that aren't now available to the territory. (more...)
UK Welcome to Return to EU, Verhofstadt Tells Welt am Sonntag
- June 18, 2017
Ms Day, a former secretary-general of the European Commission, said that the EU would be willing to extend the two-year timeframe if it meant avoiding a messy Brexit. Speaking alongside Mr Macron, the PM said: "We have been very clear we want to maintain a close relationship and a close partnership with the European Union and individual member states into the future, including in the areas we've discussed this evening". (more...)
- June 18, 2017
Ms Day, a former secretary-general of the European Commission, said that the EU would be willing to extend the two-year timeframe if it meant avoiding a messy Brexit. Speaking alongside Mr Macron, the PM said: "We have been very clear we want to maintain a close relationship and a close partnership with the European Union and individual member states into the future, including in the areas we've discussed this evening". (more...)
Qatar standoff seen as pivotal in bid for Persian Gulf clout
- June 18, 2017
Overall, 18 destinations in the region are now out of bounds for Qatar Airways, which has also been forced to close its offices in Saudi Arabia and the UAE . Qatar's North Dome gas field extends into Iranian waters, where it's known as the South Pars field. Al Jazeera had recently said that it was combating a large-scale cyber attack. (more...)
- June 18, 2017
Overall, 18 destinations in the region are now out of bounds for Qatar Airways, which has also been forced to close its offices in Saudi Arabia and the UAE . Qatar's North Dome gas field extends into Iranian waters, where it's known as the South Pars field. Al Jazeera had recently said that it was combating a large-scale cyber attack. (more...)
Dollar subdued as Trump probe, weak United States data overshadow Fed
- June 18, 2017
European stocks dropped to April lows, with miners selling off as Bloomberg's commodity index fell to the lowest in more than a year. The vote in favor of the hike was unanimous. The rise in the yuan midpoint appeared to track the global dollar index, which fell after the Fed's decision. In morning inter-bank trading, the shekel-dollar exchange rate was down 0.25% at NIS 3.5203/$ and down 0.32% against the euro at NIS 3.924/€. (more...)
- June 18, 2017
European stocks dropped to April lows, with miners selling off as Bloomberg's commodity index fell to the lowest in more than a year. The vote in favor of the hike was unanimous. The rise in the yuan midpoint appeared to track the global dollar index, which fell after the Fed's decision. In morning inter-bank trading, the shekel-dollar exchange rate was down 0.25% at NIS 3.5203/$ and down 0.32% against the euro at NIS 3.924/€. (more...)
Greece to get 'more clarity' on debt relief plan
- June 18, 2017
Euro zone bailout fund chief Klaus Regling said his European Stability Mechanism would disburse 7.7 billion euros in early July to cover 6.9 billion euros in maturing debt and 0.8 billion of arrears. "There is now light at the end of the tunnel", Tsakalotos said. To accommodate the IMF's need for more specifics on debt relief, the euro zone finance ministers said in a statement that in 2018 they would be ready to consider extending the maturities and grace periods of their loans to ... (more...)
- June 18, 2017
Euro zone bailout fund chief Klaus Regling said his European Stability Mechanism would disburse 7.7 billion euros in early July to cover 6.9 billion euros in maturing debt and 0.8 billion of arrears. "There is now light at the end of the tunnel", Tsakalotos said. To accommodate the IMF's need for more specifics on debt relief, the euro zone finance ministers said in a statement that in 2018 they would be ready to consider extending the maturities and grace periods of their loans to ... (more...)
Germany expects no delay in Brexit negotiations
- June 18, 2017
And as leaders welcomed the new tone in London and talk of a "softer Brexit" that may be less disruptive than May's clean break with the single market and customs union, officials from at least some governments saw compromise on the British bill. (more...)
- June 18, 2017
And as leaders welcomed the new tone in London and talk of a "softer Brexit" that may be less disruptive than May's clean break with the single market and customs union, officials from at least some governments saw compromise on the British bill. (more...)
What Analysts Think of Ensco Plc (ESV)?
- June 18, 2017
Its down 0.07, from 1.11 in 2016Q3. Texas Permanent School Fund holds 221,081 shares or 0.03% of its portfolio. 54,971 are held by Utah Retirement Sys. ENSCO PLC (NYSE:ESV) last posted its quarterly earnings data on Thursday, April 27th. Gotham Asset Management LLC now owns 1,821,115 shares of the offshore drilling services provider's stock valued at $15,479,000 after buying an additional 1,268,223 shares in the last quarter. (more...)
- June 18, 2017
Its down 0.07, from 1.11 in 2016Q3. Texas Permanent School Fund holds 221,081 shares or 0.03% of its portfolio. 54,971 are held by Utah Retirement Sys. ENSCO PLC (NYSE:ESV) last posted its quarterly earnings data on Thursday, April 27th. Gotham Asset Management LLC now owns 1,821,115 shares of the offshore drilling services provider's stock valued at $15,479,000 after buying an additional 1,268,223 shares in the last quarter. (more...)
United Kingdom finance minister Hammond seeks 'pragmatic' Brexit
- June 18, 2017
European Parliament's top negotiator for Brexit, has demanded that Prime Minister Theresa May provides clarity on the UK's stance toward divorce negotiations, following last week's shock election result. Brexit talks had been expected to begin in Brussels next week but May's loss of her parliamentary majority in a snap general election one week ago raised doubts about the date. (more...)
- June 18, 2017
European Parliament's top negotiator for Brexit, has demanded that Prime Minister Theresa May provides clarity on the UK's stance toward divorce negotiations, following last week's shock election result. Brexit talks had been expected to begin in Brussels next week but May's loss of her parliamentary majority in a snap general election one week ago raised doubts about the date. (more...)
Diageo plc (DGE) Given "Buy" Rating at Shore Capital
- June 18, 2017
The firm earned "Outperform" rating on Wednesday, April 20 by Credit Suisse. Finally, Numis Securities Ltd reissued an add rating and set a GBX 765 ($9.68) price target on shares of The Sage Group plc in a research note on Wednesday, May 3rd. (more...)
- June 18, 2017
The firm earned "Outperform" rating on Wednesday, April 20 by Credit Suisse. Finally, Numis Securities Ltd reissued an add rating and set a GBX 765 ($9.68) price target on shares of The Sage Group plc in a research note on Wednesday, May 3rd. (more...)
As Brexit talks loom, May scrambles for deal to stay in power
- June 18, 2017
Britain begins historic talks on leaving the European Union on Monday while still mourning the victims of a devastating fire and reeling from an election that has badly weakened the government. The EU's chief Brexit negotiator Michel Barnier and Brexit Secretary David Davis. In a hint at a softer approach, Mr Davis said on Monday "we will start down this process" by focusing on the divorce proceedings from the European Union before moving on to trade. (more...)
- June 18, 2017
Britain begins historic talks on leaving the European Union on Monday while still mourning the victims of a devastating fire and reeling from an election that has badly weakened the government. The EU's chief Brexit negotiator Michel Barnier and Brexit Secretary David Davis. In a hint at a softer approach, Mr Davis said on Monday "we will start down this process" by focusing on the divorce proceedings from the European Union before moving on to trade. (more...)
European Stocks Decline as Traders Assess US Growth Prospects
- June 18, 2017
Today's move sets the federal funds rate between 1 and 1-and-a-quarter percent, still extremely low by historical standards. There's unlikely to be any more policy rate increase for the rest of the year, said the Industrial Bank's chief economist Lu Zhengwei, as the rate is already very high, and it has already affected the economy. (more...)
- June 18, 2017
Today's move sets the federal funds rate between 1 and 1-and-a-quarter percent, still extremely low by historical standards. There's unlikely to be any more policy rate increase for the rest of the year, said the Industrial Bank's chief economist Lu Zhengwei, as the rate is already very high, and it has already affected the economy. (more...)
6 suspects convicted in 1993 Mumbai bomb blasts
- June 18, 2017
The court, however, acquitted a seventh accused, Abdul Qayum. MUMBAI , India (AP) An Indian court on Friday convicted six people of involvement in an attack in Mumbai in 1993 in which 12 powerful bombs packed in cars, scooters and suitcases killed 257 people and injured hundreds of others. (more...)
- June 18, 2017
The court, however, acquitted a seventh accused, Abdul Qayum. MUMBAI , India (AP) An Indian court on Friday convicted six people of involvement in an attack in Mumbai in 1993 in which 12 powerful bombs packed in cars, scooters and suitcases killed 257 people and injured hundreds of others. (more...)
Amazon Inc Continues to Expand, Buys Whole Foods Market
- June 18, 2017
The parties expect to close the deal during the second half of 2017. Armed with giant warehouses , shopper data, the latest technology and almost endless funds - and now with Whole Foods' hundreds of physical stores - Amazon is set to reshape a US$800 billion grocery market that is already changing rapidly. (more...)
- June 18, 2017
The parties expect to close the deal during the second half of 2017. Armed with giant warehouses , shopper data, the latest technology and almost endless funds - and now with Whole Foods' hundreds of physical stores - Amazon is set to reshape a US$800 billion grocery market that is already changing rapidly. (more...)
Trump confirms he's under investigation, lashes out at deputy attorney general
- June 18, 2017
In the backlash following Comey's dismissal, Rosenstein hired Robert Mueller to oversee the Russian Federation probe as special counsel. Recent news reports have suggested Trump sought all three officials' help in pressuring FBI Director James Comey to drop his investigation into former National Security Adviser Mike Flynn . (more...)
- June 18, 2017
In the backlash following Comey's dismissal, Rosenstein hired Robert Mueller to oversee the Russian Federation probe as special counsel. Recent news reports have suggested Trump sought all three officials' help in pressuring FBI Director James Comey to drop his investigation into former National Security Adviser Mike Flynn . (more...)
Britain to hold special two-year parliament session to tackle Brexit
- June 18, 2017
London has said it wants formal political talks between Barnier and Brexit minister David Davis to start next Monday but it since Thursday's election it has not formally committed to the date. "If the Government cannot even secure a deal with the DUP, how on Earth can they get a deal with the EU?" During a joint news conference with Ms May earlier this week, Mr Macron said "of course the door remains open" adding: "Always open until the Brexit negotiations come to and end". (more...)
- June 18, 2017
London has said it wants formal political talks between Barnier and Brexit minister David Davis to start next Monday but it since Thursday's election it has not formally committed to the date. "If the Government cannot even secure a deal with the DUP, how on Earth can they get a deal with the EU?" During a joint news conference with Ms May earlier this week, Mr Macron said "of course the door remains open" adding: "Always open until the Brexit negotiations come to and end". (more...)
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Pier 1 files for bankruptcy as chain closes hundreds of stores