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USA stocks open lower after Fed rate hike
- June 27, 2017

The Federal Reserve raised interest rates for the third time since December, something investors had widely expected based on the Fed's recent statements. USA stock markets were relatively flat through afternoon trading, while the yields on 10-year Treasury notes had fallen to 2.11 percent. Minneapolis Fed President Neel Kashkari dissented in Wednesday's decision. (more...)
Plain Talk: GOP sabotage of Obamacare true cause of Anthem exiting exchange
- June 27, 2017

This is why the Republicans have never proposed a health care bill on their own. Anthem attributes the potential decrease to President Donald Trump's health care policies. I would like to commend the efforts of the Lieutenant Governor, Nancy Wyman, for the creation of a bipartisan health care task force to address these problems. (more...)
Louisville coach Rick Pitino suspended 5 games in connection to escorts scandal Louisville coach Rick Pitino suspended 5 games in connection to escorts scandal
- June 27, 2017

At a news conference on Thursday, Pitino said he will appeal the finding and the punishment, calling the ruling "over the top". The decision stems from the NCAA's investigation into allegations that a former operations director arranged for adult entertainment and sex acts to visit the university for 15 prospective students, three current student-athletes, two coaches and others, the NCAA's infractions committee said in a statement . (more...)
Jilted woman tries to cut off man's genitals Jilted woman tries to cut off man's genitals
- June 27, 2017

The victim is now admitted at the Jaipur Golden Hospital . After a blazing row, she chopped his genitals off with the knife and sent Ravi running from the house looking for assistance. New Delhi , Jun 26 A 23-year-old woman who has been arrested for allegedly chopping off the genitals of her boyfriend said she had committed the crime after being enraged as he accused her of infidelity and had refused to marry her. (more...)
Corker vows to block U.S. arms sales to GCC Corker vows to block U.S. arms sales to GCC
- June 27, 2017

But his Secretary of State, Rex Tillerson , acknowledged on Sunday that some of the demands issued by its neighbours would "be very hard to meet" and called for "dialogue leading to resolution". The demand for Turkish troops to leave their base in Qatar - their first in the Middle East - drew a fiery response from Turkish President Recep Tayyip Erdoğan Sunday, who called the ultimatum "a very, very ugly approach" that was " disrespectful " and "against global law". (more...)
U.S. dollar rises after Draghi comments, investors await Yellen speech U.S. dollar rises after Draghi comments, investors await Yellen speech
- June 27, 2017

GBP/USD touched highs of 1.2759 and was last at 1.2736. The U.S. currency managed to hold gains, despite lower Treasury yields, ahead of Federal Reserve Chair Janet Yellen's speech due later on Tuesday. Yellen will deliver her speech in London on Tuesday, where the topic is global economic issues and where investors will be listening for any hint of a third USA rate hike this year. (more...)
Treehouse Foods, Inc. (THS) Given Average Rating of "Buy" by Analysts
- June 27, 2017

Longbow has "Neutral" rating and $36 target. Equities research analysts predict that Treehouse Foods will post $3.52 earnings per share for the current fiscal year. The stock exchanged hands 3.29M shares versus average trading capacity of 2.93M shares. The stock was sold at an average price of $36.48, for a total value of $80,256.00. (more...)
Gov. Rick Scott names former Panhandle House member as next CFO Gov. Rick Scott names former Panhandle House member as next CFO
- June 27, 2017

And then his service in the restaurant industry, dealing with the public and the people every day, he will be a great CFO for the state. Patronis, 45, a Panama City native, has a political science degree from Florida State and served as a Republican state House member from 2006 to 2014. (more...)
USA imposes additional tariffs on Canadian lumber as dispute escalates USA imposes additional tariffs on Canadian lumber as dispute escalates
- June 27, 2017

The new anti-dumping duty will overlap for about two months with average preliminary countervailing duties of 19.88 per cent announced in April that are set to expire on August 27. This is the fifth time the US has accused Canada of unfairly subsidizing its softwood industry. "These latest US duties will significantly add to the costs that American consumers will have to bear when seeking to fix, renovate and build their homes". (more...)
'Like bombs': Bankrupt company's air bags still out there 'Like bombs': Bankrupt company's air bags still out there
- June 27, 2017

Key Safety Systems (KSS), the mobility safety equipoment supplier headquartered in Michigan, USA, and Takata Corporation have announced today that they have reached an agreement in principle to sponsor a restructuring plan for the purchase of substantially all of Takata's global assets and operations by KSS for an aggregate purchase price of $1.588 billion. (more...)
Amazon Announces Plans to Purchase Whole Foods Amazon Announces Plans to Purchase Whole Foods
- June 27, 2017

Amazon's deal to buy a USA grocery chain signals a significant threat to food retailers. Right now, Ahold's stock is down by almost 10%. Walmart and Target also took significant hits. That could force other supermarkets to follow or lose customers, Astrachan said. Amazon's $13.7 billion deal to purchase Whole Foods won't close until the second half of this year, but grocery stores are already feeling the pain. (more...)
Cosby Jury Goes Over Accuser's Testimony During Deliberations Cosby Jury Goes Over Accuser's Testimony During Deliberations
- June 27, 2017

Cosby has pleaded not guilty in the Constand case, and has repeatedly denied allegations of wrongdoing made against him, as well as coercing any of his accusers. He further said that, in her first interview, she claimed to have never been alone with his client before the alleged attack, but later contradicted that statement saying that she spent time alone at his home before the alleged assault at a CT casino resort. (more...)
Americans Overwhelmingly Support Gay Marriage
- June 27, 2017

Since Arkansas requires that the husbands of mothers of babies conceived through artificial insemination by an anonymous sperm donor be named on the birth certificate, a birth certificate in that is not just about biological relationships and the state can not treat same-sex marriages differently from opposite-sex marriages. (more...)
Tale of the Tape: PennTex Midstream Partners, LP (NASDAQ:PTXP) Moves 0.10%
- June 27, 2017

The lowest price the stock reached in the last trading day was $43.51 and compares with the $23.11 52-week low. It has outperformed by 44.69% the S&P500. More interesting news about Antero Midstream Partners LP (NYSE:AM) were released by: Reuters.com and their article: "BRIEF-Antero Midstream Partners enters into amended, restated equity ..." published on May 11, 2017 as well as Streetinsider.com's news article titled: "Citi Starts Antero Midstream Partners LP (AM) at Neutral, "Provides Better ... (more...)
Amtrak taps former Delta CEO to lead agency Amtrak taps former Delta CEO to lead agency
- June 27, 2017

Moorman, who's been weathering blistering criticism over Amtrak's management of Penn Station , will step down at the end of the year. Equipment malfunctions have snarled service at Penn Station and created massive delays - at some points, causing such extensive crowding that station entrances had to be closed. (more...)
Gas prices take surprising dip as July 4 holiday nears Gas prices take surprising dip as July 4 holiday nears
- June 27, 2017

Lower gas prices are good news for the 4 million Californians expected to drive more than 50 miles over the July Fourth weekend, AAA said. Nationally, the price dropped 2.6 cents during the past week to an average of $2.25 a gallon. If you're traveling south along major corridors, be prepared for prices well over $3 per gallon. "It's unbelievable we're staring at some of the cheapest prices of the year as the holiday comes into view". (more...)
Canada PM Trudeau Makes Pride Inclusive and the US Jealous Canada PM Trudeau Makes Pride Inclusive and the US Jealous
- June 27, 2017

RyePride, the Trans Collective and Ryerson engineers also marched alongside engineering students from the University of Toronto. Former Ryerson student Rodney Diverlus co-founded the Toronto chapter. Organizers should not be able to tell people what to wear at Pride, Hawkes added. "We can no longer support spaces where a force that can kill us, with impunity, is allowed to patrol a day of celebration". (more...)
New study of Seattle's $15 minimum wage says it costs jobs New study of Seattle's $15 minimum wage says it costs jobs
- June 27, 2017

But Reich took issue with how University of Washington team compiled its "synthetic Seattle ". Assessing and applying the lessons from Seattle's enterprise will require years of empirical evidence that goes beyond the rhetoric that typically surrounds debate over the minimum wage. (more...)
Hedge fund giant Anchorage to back £700m Co-op Bank rescue deal Hedge fund giant Anchorage to back £700m Co-op Bank rescue deal
- June 27, 2017

In response to recent media speculation about ongoing discussions, the Co-op Bank has now confirmed that a majority of the key commercial aspects of the proposal have been substantially agreed with investors. A final announcement is likely any day which is also expected to confirm that the Co-op pension scheme will, in effect, be cut in two, with one being looked after by the bank and one by the group. (more...)
SeaWorld subpoenaed on disclosures about SeaWorld subpoenaed on disclosures about "Blackfish" impact, trading
- June 27, 2017

The executives purportedly made "disclosures and public statements" about the documentary and its impact on the company's business and related securities trades. In response, SeaWorld's Board of Directors formed a Special Committee to advise and assist the company regarding the investigations. A SeaWorld spokesperson told TIME the filing "covers everything the company has to say regarding the government inquiries". (more...)

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