Economy

London Stock Exchange Group Plc

London Stock Exchange Group Plc

Berenberg Bank restated a buy rating and issued a GBX 8,500 ($108.29) price objective on shares of Reckitt Benckiser Group Plc in a research report on Monday, May 15th. Courier Capital Corp increased Ishares Tr (IJR) stake by 18,077 shares to 33,003 valued at $4.54 million in 2016Q4. Marriott International Inc (NASDAQ:MAR) was reduced too. Read More

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Google launching new VR format VR180

Google launching new VR format VR180

Video blogs, for example, can become a lot more immersive with VR180, but there's never really been a good reason to look the other way when you watch a video of someone talking straight into a camera. Today, YouTube announced a kind of middle ground between regular videos and VR-oriented 360-degree clips. YouTube is pushing creators to embrace 180VR through its YouTube Spaces studios , which will soon give out compatible cameras as loaners. Read More

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McDonald's to add delivery service, but there's a catch

McDonald's to add delivery service, but there's a catch

It will be available from 22 locations across London, and another 10 restaurants in Leeds and Nottingham, and fans have taken to Twitter, calling the announcement: "The best news ever!". McDonald's said restaurant teams would be monitoring the trial closely to see what worked and what did not. KFC, pairing with Just Eat, launched its own home delivery service across 30 restaurants in Greater London earlier this year. Read More

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Fed: Biggest US banks strong enough to withstand recession

Fed: Biggest US banks strong enough to withstand recession

Powell said. America's biggest banks breezed through the first phase of the annual test. Overall, officials found that in the most severe scenario, companies would have suffered about US$383 billion in losses on loans. and Wells Fargo and Co., which are the four biggest US banks by assets. Citigroup performed the best with a tier 1 capital ratio of 9.7 per cent. Ally Financial and KeyCorp were both below seven per cent. Read More

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Tusk holds out hope that Brexit can be reversed

France's new president Emmanuel Macron spoke of working with Germany to revive European integration and did not refer at all to Britain during his remarks before talks got under way. A full policy paper is due to be published on Monday, with more details, including on digital tools to "register people in a light touch way" and more details on the status of family members. Read More

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Amazon deal rocks retail sector

Amazon deal rocks retail sector

Mr Bezos is known for making unconventional decisions and having big ambitions, and this could mean a more frontal assault on Walmart - a face-off between the old and the new dominant forces in the retail world. "This just gives them more options, and that's what consumers want". About 50 percent of US households have an Amazon Prime membership. In May, under pressure from Jana Partners, Whole Foods replaced five board members and its chief financial officer. Read More

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Oil Prices Flat; Set For Worst First Half Since 1997

The fall in crude price came despite larger than expected USA crude and gasoline inventories, a sign that confidence in the OPEC deal is shaky. The U.S. Nigeria's crude oil exports are set to exceed 2 million bpd in August, the highest level planned for 17 months. Crude oil theft in the oil-producing Niger Delta leads to frequent shutdowns, limiting output, and militant attacks throughout 2016 hobbled the entire oil industry. Read More

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Gap Inc (NYSE:GPS), Goodyear Tire & Rubber Co (NASDAQ:GT)

Jefferies upgraded Goodyear Tire & Rubber Co (NASDAQ:GT) on Tuesday, June 20 to "Buy" rating. The stock of Goodyear Tire & Rubber Co (NASDAQ:GT) has "Buy" rating given on Thursday, January 14 by Standpoint Research. The legal version of this piece can be accessed at https://transcriptdaily.com/2017/06/22/wbi-investments-inc-has-8-46-million-stake-in-goodyear-tire-rubber-co-gt-updated-updated-updated.html. Read More

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Turkey, Saudi Arabia to try to reduce tensions over Qatar

Turkey, Saudi Arabia to try to reduce tensions over Qatar

ABU SAMRA, QATAR-SAUDI ARABIA BORDER Thousands of camels crossed Saudi Arabia's desert border into Qatar on Tuesday and were reunited with their owners after being stranded for days at a frontier shut because of a feud among Arab powers. Economy Minister Nihat Zeybekci said Wednesday that Turkey had already sent 105 cargo flights to Qatar loaded with aid to help the country through the crisis. Read More

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What Climate Accord Withdrawal Means for Law Firms and Clients

President Donald Trump announced last week that the USA would withdraw from the Paris climate accord , saying that America bears too much of the burden and that he will seek better terms. Fracking will continue to reduce American emissions during Trump's presidency, just as it did during his predecessor's, and now that we've abandoned the predominant worldwide climate strategy, grassroots alternatives will benefit from more time, money, and attention from greens. Read More

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Di Maria to plead guilty to tax fraud

Di Maria to plead guilty to tax fraud

The deal will have to be ratified by a judge when the case goes to court. Di Maria is believed to have defrauded the Spanish authorities of £1.14 million and has been ordered to pay a fine of £1.76 million. Barcelona's Lionel Messi , Neymar and Javier Mascherano have also had issues with the authorities in the past few years. In 2016, Barcelona defender Javier Mascherano received a one-year suspended prison sentence for tax fraud while Barca superstars Lionel Messi and Neymar are ... Read More

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Adele visits London firefighters after tower block blaze

Other councils in east London have reassured residents with checks. There has been a lot of anger at the government and local authorities for how they handled the disaster. All council blocks that are eight stories or higher have had a new fire risk assessment if they hadn't had one in the last hree months. It's as Ribble Valley Conservative Councillors have offered to help house some of the homeless victims of the Grenfell Tower in Kensington on a temporary or permanent basis. Read More

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Oil price extends drop to 7 month lows, despite OPEC cuts

Oil price extends drop to 7 month lows, despite OPEC cuts

West Texas Intermediate crude, the US benchmark, settled at $43.23 a barrel in NY, down more than 20 percent from its highest close this year, in February. Analysis says that this is because concerns about a glut expanded as Libya and Nigeria, which did not sign the OPEC's production reduction agreement, recovered their production volume and the USA scaled up its own production. Read More

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Scalise upgraded to 'fair condition,' beginning rehabilitation

Scalise upgraded to 'fair condition,' beginning rehabilitation

The message from congressman Steve Scalise of Louisiana on Sunday says: "Steve's greatest joy is being a father to Madison and Harrison, and a husband to Jennifer". His condition has been upgraded to serious. Scalise's security detail and other police officers shot and killed the assailant, James Hodgkinson of IL, who had lashed out against President Donald Trump and other Republicans over social media. Read More

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The Insider Selling: FirstGroup plc (FGP) Insider Sells 5260 Shares of Stock

In other news, insider Matthew Ashley bought 2,696 shares of the firm's stock in a transaction on Friday, May 12th. Lowe's Companies, Inc. (NYSE:LOW) has risen 5.92% since June 21, 2016 and is uptrending. Among 10 analysts covering Pets At Home Group Plc ( LON:PETS ), 6 have Buy rating, 1 Sell and 3 Hold. Therefore 100% are positive. GlaxoSmithKline had 20 analyst reports since September 8, 2015 according to SRatingsIntel. Read More

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Whole Foods Markets to be Acquired by Amazon

Whole Foods Markets to be Acquired by Amazon

On the flip side, Amazon could use Whole Foods stores as pickup locations for deliveries, an option Amazon already offers in many cities by installing lockers at 7-Eleven and other retailers. To put the Whole Foods purchase price into some kind of context: Sainsbury's is now valued at £5.5bn and has over 1400 United Kingdom stores. Firstly, don't forget that Whole Foods is a pretty trendy and high-end outlet with an organic focus. Read More

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GOP health plan cuts Medicaid, ends penalties

Maria Cantwell of Washington, the panel's senior Democrat. The Senate bill is expected to follow the template laid out in the House version, which narrowly passed last month, but with key differences. McConnell has brushed of accusations that the process has been secretive despite complaints from his own party that they are frustrated with the lack of transparency. Read More

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Yoga practitioners pause to stretch and pose for int'l event

Yoga practitioners pause to stretch and pose for int'l event

While in much of the Western world yoga is popular as a system of physical exercise, in India, it is much more than physical exercise ; it has a meditative and spiritual core. Ganguly Das recalled an incident from previous year when there was so much construction going on in the area with buses and tourists running around and yet she was amazed to see that "the yogis were happily doing yoga, that's what yoga does to you, it brings about the calmness in you which I think we all need in today's ... Read More

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London mayor unveils plan to reduce capital's dependency on cars

It aims to reduce the number of vehicle journeys made by three million a day. There is to be more investment in cycling infrastructure, with more cycling routes so that the city can hit a new ambition that 70 per cent of inhabitants will live within 400 metres of access to a bike-friendly route, with cycle storage expected to take place of vehicle parking spaces within new housing developments . Read More

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China's Large-Cap Shares Advance to 2015 High on MSCI Inclusion

In this way, the inclusion could change "disclosure, corporate governance and many other aspects of the A share market". Overseas derivatives linked to Chinese equities will still be subject to the regulators' approval, he said. "I think it could take five to 10 years for China to be represented at half its total weight in the global indices". Market analysts spoke highly of the MSCI decision. Read More

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North Korea in the spotlight at high-level US-China talks

Preliminary findings from the autopsy of a University of Virginia student who was held prisoner in North Korea for 17 months are due to be released, the office of the OH coroner performing the examination says . Trump spoke briefly about Warmbier during an Oval Office meeting with the president of Ukraine. "I am anxious about other detainees, what they go through", he said. Read More

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Ronaldo strikes as Portugal down Russia at Confed Cup

Telemundo's coverage of the FIFA Confederations Cup continues Wednesday, June 21 with Russian Federation vs. Portugal at 10:30 a.m. ET followed by Mexico vs. Both teams will be playing their second match of the tournament with Russian Federation winning its first encounter against New Zealand 2-0 and Portugal drawing against Mexico 2-2. Read More

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New Trump Policy on Havana Regretful - Moscow

New Trump Policy on Havana Regretful - Moscow

Jill Welch, NAFSA (Assn. for International Education) deputy executive director for Public Policy , criticized the move, "Regressing to past travel and trade restrictions with Cuba will only pull America back into a 50-year-old failed policy of isolation with the island nation and restrict our ability to learn from one another". Read More

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Provident Financial Services, Inc. (NYSE:PFS) Continuing to Trade Below Moving Averages

Provident Financial Services, Inc. (NYSE:PFS) Continuing to Trade Below Moving Averages

Martingale Asset Mgmt Lp holds 21,503 shares. Company insiders own 2.90% of the company's stock. The stock decreased 2.19% or $0.4 during the last trading session, reaching $17.85. Ameritas Investment has invested 0.02% in Provident Financial plc (LON:PFG). Arcadia Mngmt Mi holds 0.01% or 517 shares. Moreover, Connor Clark & Lunn Investment Mgmt Limited has 0% invested in Provident Financial Services, Inc. Read More

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GOP Lawmaker Scalise Still Critical Though Doctors `Encouraged'

Scalise was hit as a gunman sprayed bullets into a GOP congressional baseball practice outside Washington D.C. "He will be in the hospital for a considerable period of time, presumably weeks", said Jack Sava , trauma director at MedStar Washington Hospital Center , who spoke Friday about the Louisiana Republican who remains in critical condition at the hospital in the District. Read More

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Investor Checklist Stocks: Cadence Design Systems, Inc. (CDNS), CoreSite Realty Corporation (COR)

It has underperformed by 37.05% the S&P500. Zacks Investment Research cut shares of CoreSite Realty Corp from a "buy" rating to a " hold " rating in a report on Tuesday, May 2nd. Among 23 analysts covering Barrick Gold Corp. The Williams Percent Range or Williams %R is a technical indicator that was created to measure overbought and oversold market conditions. Read More

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