Economy

DuPont settles 3550 injury cases involving pollution in West Virginia

DuPont settles 3550 injury cases involving pollution in West Virginia

DuPont's press release also discusses how the companies will handle future PFOA liabilities. Sixteen years after residents filed suit claiming to have been injured from poisonous water, DuPont and Chemours Co. "No settlement can restore the health of the thousands of victims of DuPont's C-8, but we at Keep Your Promises are heartened to know that this long-awaited justice for these 3,550 members of our community is now within arm's reach", Bock said. Read More

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CPI cools down further in January to 3.17%

CPI cools down further in January to 3.17%

Qatar's inflation, based on consumer price index (CPI), increased 1.2 percent year-on-year (Y-o-Y) in January 2017, while the index, which was estimated at 108.3, remained unchanged when compared on month-on-month (M-o-M) basis to the CPI of December 2016, figures released by the Ministry of Development Planning and Statistics (MDPS) show. Read More

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Teva (TEVA) Tops Q4 Earnings & Sales Estimates; Shares Up February 13, 2017

Teva Pharmaceutical Industries Limited's payout ratio is presently 67.44%. Bourgeon Capital Management LLC now owns 66,200 shares of the company's stock worth $3,325,000 after buying an additional 11,650 shares during the last quarter. The company's price sits -8.83% below from its 50-day moving average of $34.65 and -29.12% away from the stock's 200-day moving average which is $43.09. Read More

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AAA Michigan: Gas prices up 7 cents

AAA Michigan: Gas prices up 7 cents

GasBuddy analysts project that gas prices will soon begin to rise as crude prices rise and the nation begins to move into the summer driving season, when gasoline demand increases. The highest average was about $2.38 in the Marquette area. In metro Detroit, the average is about $2.26 per gallon. Hence, economics principle 101: Lower supply equals higher prices. Read More

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Kiren Rijiju says Hindu population reducing, minorities flourishing in India; slams Congress

Kiren Rijiju says Hindu population reducing, minorities flourishing in India; slams Congress

Mr. Rijiju posted this message on Twitter while reacting to a news item where the Arunachal Pradesh Congress Committee (APCC) alleged that the Narendra Modi led BJP government was trying to convert Arunachal Pradesh into a "Hindu state". Rijiju hails from Arunachal Pradesh and is a practising Buddhist. Rijiju's remarks were also in response to the personal attack on him made by the state Congress. Read More

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Japan's economy slows in Q4 on flat spending

Net exports, or shipments minus imports, added 0.2 percentage points to GDP. The economy grew by 0.2% in the December quarter, missing expectations for an increase of 0.3%. TOKYO-Japan extended its yearlong streak of modest economic growth in the last three months of 2016, data showed on Monday. While the yen's decline following Donald Trump's election is providing a tailwind for Japanese exporters and corporate earnings, protectionism looms as a risk to global trade. Read More

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Infosys CEO Vishal Sikka: 'Drama in the media is very distracting'

Infosys CEO Vishal Sikka: 'Drama in the media is very distracting'

Infosys has hired law firm Cyril Amarchand Mangaldas to engage with stakeholders, including the founders, and take suggestions to recommend to the board, even as it independently engages with them as large investors. In this regard, a few existing board members, including Kiran Mazumdar-Shaw, are trying to extend an olive branch to Murthy. The founders were reportedly not happy with the board's decision to reward Sikka with a 55% increase in compensation to $11 million. Read More

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The Co-operative Bank is putting itself up for sale

Bank chairman Paul Flowers also stepped down over concerns about expenses in 2013, before pleading guilty to drug possession the following year. It has not been able to strengthen its finances because of low interest rates. "However, our ability to continue to build capital for the future has been adversely impacted by the lower for longer interest rate environment and the greater than expected cost of fixing the legacy issues of the past". Read More

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Banks Narrow Apple Pay Application Ahead Of ACCC Ruling

In a statement, the banks explained that they have narrowed their argument to having access to Apple Pay as it's the more pressing issue. Apple charges card providers for transactions made using Apple Pay and does not allow companies to develop their own mobile wallets, which would allow banks to circumvent transaction fees and get customers to engage more frequently with their own apps. Read More

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JB Hi-Fi Posts Record Half Year Net Profit

However, the group's New Zealand stores' total sales dropped 1.7 per cent and comparable sales fell 11.2 per cent during the first half. While others have been reporting a disappointing Christmas and New Year, JB Hi-Fi says total sales growth was 9.8% in January with like for like sales at 7.2%. Read More

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Home Ministry Website Blocked After Attempted Hack

The PTI tweet quoted home ministry officials as saying that the website was hacked "prompting the authorities to temporarily block it". Minsitry spokesperson K.S. Unknown hackers today used a Drupal exploit to hack mha.nic.in, which is Indian government's Ministry of Home Affairs website . The situation arises at a time when the Home Ministry had itself flagged off the issue of website hackings. Read More

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Protesters block Betsy DeVos entering school

Good luck with your incompetence'. Devos attempted to find humor in her problematic confirmation, saying the process was "kind of a bear". "The moment you let politics invade your education system, you inadvertently welcome chaos into the future", neuroscientist and author, Abhijit Naskar said . Read More

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Call of Duty Will Be Returning To Its Roots This Year

Tippl said that it was clear for Activision that for a part of its audience, the space setting and futuristic theme did not resonate. Call of Duty 2017 will take the Call of Duty franchise back to its roots, Activision says. What you need to know about Call of Duty 2017 . If Call of Duty 2017 is going back to its roots, it will likely be going back to World War 2 or some period around there, though what exactly this all entails remains to be seen. Read More

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Tempur Sealy International, Inc

A P/B ratio of less than 1.0 can indicate that a stock is undervalued, while a ratio of greater than 1.0 may indicate that a stock is overvalued. The company said the plan "is meant to protect Tempur Sealy and its stockholders from the actions of third parties that the Board of Directors determines are not in the best interests of Tempur Sealy and its stockholders, and to enable all stockholders to realize the long-term value of their investment in Tempur Sealy". Read More

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Cabot Oil & Gas Corporation (COG)

Huntington National Bank boosted its stake in Marathon Petroleum Corporation by 64.6% in the second quarter. The Stock now has the market capitalization of $37.53 Billion, P/E (price to earnings ttm) of 0 and Weekly volatility of 2.69% and monthly volatility of 2.49% respectively. Read More

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Sears, Kmart Remove Trump Line of Home Furnishings from Websites

President Trump was very vocal about Nordstrom's decision to stop selling Ivanka Trump's fashion brand, even taking to Twitter to express his dissatisfaction by calling it "unfair". "My daughter Ivanka has been treated so unfairly by @ Nordstrom ", the president tweeted last Wednesday. Trump Home items include products like chandeliers, mirrors, lighting, furniture, and bedding, according to the Trump Home site . Read More

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Boscov's chairman dies at 87

Boscov's chairman dies at 87

Boscov's employs about 7,500 people and has 25 stores in Pennsylvania and 25 others spread across New Jersey, Maryland, Delaware, New York, Connecticut and OH, according to its website. Al Boscov would close the company for one day during the summer and invite all its employees and their families. An obituary published in local newspapers said Albert "first made a name for himself as an expert fly catcher in his father's neighborhood store. Read More

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Deadly Clashes In Baghdad Between Police, Sadr Supporters

Deadly Clashes In Baghdad Between Police, Sadr Supporters

Several rockets fired from inside Baghdad on Saturday struck the capital's Green Zone hours after deadly clashes in the area between police and protesters demanding electoral reforms. Iraqi Prime Minister Haider al-Abadi has ordered an investigation into those claims. Sadr supporters held a string of massive rallies a year ago, which on two occasions saw protesters break into the Green Zone, which is home to the country's key institutions as well as major Western embassies. Read More

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California Touted As Model Of Success Under Affordable Care Act

People who are eligible for Medicaid are entitled to the insurance program's services, just as our elderly and non-elderly disabled citizens are entitled to Medicare. State policies have created a skewed ACA in North Carolina that includes the most costly patients and excludes some of the least expensive patients. How are you going to buy the vehicle? If everyone gets more in benefits than they pay in premiums, it breaks down. Read More

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USA open: Stocks higher as investors await 'phenomenal' Trump tax plan

USA open: Stocks higher as investors await 'phenomenal' Trump tax plan

Investors have been waiting for details on Trump's election campaign pledge to stimulate economic growth with large-scale fiscal stimulus through infrastructure spending and tax cuts. "Trump has started making the right noises again as far as markets are concerned, with Thursday?s promise of a "phenomenal" tax announcement in the coming weeks certainly hitting all the right notes", said Craig Erlam, senior market analyst at Oanda trading group. Read More

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Traders Secrets on Nielsen Holdings plc (NLSN), International Business Machines Corporation (IBM)

Recently, analysts have updated the overall rating to 2.8. Barclays PLC increased their target price on International Business Machines Corp. from $135.00 to $144.00 and gave the company an underweight rating in a report on Friday. A Zacks consensus now shows Street analysts projecting the company to post per share earnings of $1.3. The company had revenue of $21.77 billion for the quarter, compared to analysts' expectations of $21.69 billion. Read More

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An expert's guide to the court ruling on Trump's travel ban

An expert's guide to the court ruling on Trump's travel ban

The problem is that the real victims of Trump's order - poor people who live in Syria and other countries and want to come here - don't have any rights under the U.S. Trump dismissed Robart as a "so-called judge", whose "ridiculous ruling", will be overturned. A spokesperson for the Department of Justice said Thursday it is "reviewing the decision and considering its options". Read More

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Reliance Defence Q3 net loss narrows to Rs 133 crore

Reliance Defence Q3 net loss narrows to Rs 133 crore

However, the company's total income rose to Rs21,531.2 crore in the quarter from Rs20,928.4 crore in the year-ago period. "Unprecedented competitive intensity. RCom said there was an increase in amortisation and interest expense aggregating Rs 278 crore on account of capitalisation of 850 MHz spectrum liberalisation fee, which too adversely impacted its financials. Read More

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Taking a Look at the Data Behind Microchip Technology Incorporated (MCHP)

Taking a Look at the Data Behind Microchip Technology Incorporated (MCHP)

The company has a market cap of $168.78B and now has 4.76B shares outstanding. For the Most Recent Fiscal Year, Micron Technology, Inc. has a price to cash ratio of 7.93. (NASDAQ:MCHP) to Hold in a statement released on 2/10/2017. Microchip Technology's dividend payout ratio (DPR) is presently 378.95%. The shares were sold at an average price of $65.16, for a total value of $133,121.88. Read More

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No app-based cabs on Delhi roads today?

He, along with around 300 drivers, members of the Sarvodaya Driver Association of Delhi and the Delhi Taxi Driver Union, staged a protest at Jantar Mantar. 259. Commuters also vented their frustration on social media. "Where are all the cabs?" The protesters are demanding better perks, unrestricted hours to meet targets, accident insurance and an increase in the minimum charge of Rs 6 per kilometre, which both Ola and Uber charge now, a Business Standard report said. Read More

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The Way Analysts See The Dow Chemical Company (DOW)

Jackson Wealth Management reduced its stake in Dow Chemical Co by 3.03% during the most recent quarter end. According to Thomson Reuters, sell-side analysts are forecasting a harmony target price of $66.78 on company shares. The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 28th. Perhaps, that suggests something about why 0.52% of the outstanding share supply is held by institutional investors. Read More

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Leading stocks in today's market: Banco Santander (Brasil) SA (NYSE:BSBR)

Other large investors also recently modified their holdings of the company. Finally, Global X Management Co. The difference between the estimated and actual earnings was $-0.01 per share. The stock's current distance from 20-Day Simple Moving Average (SMA20) is -0.41% where SMA50 and SMA200 are 5.13% and 20% respectively. The legal version of this story can be viewed at ... Read More

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Trump adviser Conway draws ethics complaints for touting Ivanka Trump products

Trump adviser Conway draws ethics complaints for touting Ivanka Trump products

When MacCallum asked her if President Donald Trump gave her any indication he might suspend her for the remarks she made on Fox & Friends, Conway smiled and reiterated, "We spoke about a range of matters, and he supports me 100%". Reporters quickly consulted attorneys and ethics experts and many found the comments to be an ethics violation or at least questionable. In January, the head of the Office of Government Ethics, a top government watchdog, dubbed Trump's attempts to separate ... Read More

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