Economy

Jobs report takes away last hurdle to Fed interest-rate hike

Before the report was released, economists said it would take an unusually weak payroll tally to convince Federal Reserve policymakers to put off a rate hike next week that they've signaled is all but certain. Construction payrolls surged 58,000, the biggest gain since March 2007, boosted by warmer weather. "Markets will be keenly focused on how the Fed messages the path beyond". Read More

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What's Going on with the Price of Oil?

What's Going on with the Price of Oil?

Crude prices ended weaker for a third straight day on Friday to three-month lows and the biggest cumulative decline since February of previous year as the supply response to a coordinated pact to trim oil output turns the tone bearish. Ministers from Saudi Arabia and Iraq said this week at an energy conference in Houston that it was too early to consider whether cuts would be extended beyond June. Read More

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Winklevoss Bitcoin ETF proposal rejected by SEC

Winklevoss Bitcoin ETF proposal rejected by SEC

Cameron and Tyler Winklevoss. The Securities and Exchange Commission rejected Friday a proposed Winklevoss exchange-traded fund that could have opened the digital currency to larger numbers of ordinary investors. They had been working with regulators and tweaking their proposal for years. // Let us help you become financially independent. Bitcoin had scaled to a record of almost $1,300 this month, higher than the price of an ounce of gold, as investors speculated that an ETF holding ... Read More

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DMart's Rs1,870-cr share sale subscribed more than 5.71 times

DMart's Rs1,870-cr share sale subscribed more than 5.71 times

Since its foray into the market, D-Mart's IPO has been the favourite bet of the market. Kotak Mahindra Capital is a global co-ordinator and book running lead manager to the issue. In terms of oversubscription, this was the largest IPO since PNB Housing Finance's Rs 3,000 crore offer in October a year ago. The company is seeking a valuation of as much as Rs 18,660 crore ($2.8 billion). Read More

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China say Korean peninsula is on brink of war

China say Korean peninsula is on brink of war

The Russian Foreign Ministry said the current deployment could reduce the situation in the Korean peninsula to a stalemate, Interfax reported . "China's suggestion is, as a first step, for North Korea to suspend nuclear activity, and for the US and South Korea to also suspend large-scale military drills", Chinese foreign minister Wang Yi said Wednesday, according to the Washington Post . Read More

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European Union fraud office: Britain owes European Union €2b over China import scam

His comments come as a two-day summit of European leaders in Brussels concluded - the last meeting of its kind before the United Kingdom formally announces its intention to leave the EU. Asked why he warned cabinet colleagues that the risk of having to walk away with no deal "is very real", Davis said, "It's our responsibility as a government to make preparations for all possible outcomes". Read More

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SLI head of equities David Cumming to exit

SLI head of equities David Cumming to exit

David Cumming has been with Standard Life for 18 years and runs its top-performing UK Equity Recovery fund. Standard Life Investments' head of equities, David Cumming, is the asset manager's first senior executive to exit the business following its merger with Aberdeen Asset Management. Read More

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Analyst Research and Recommendations: Intercontinental Exchange, Inc. (ICE), Baxter International Inc. (BAX)

Zacks Investment Research cut shares of Intercontinental Exchange from a "hold" rating to a "sell" rating in a research report on Friday, October 7th. And a quick view of analyst notes show that 8 are rating the stock a buy while 4 rate ICE a strong buy. In related news, insider Thomas W. Farley sold 22,120 shares of Intercontinental Exchange stock in a transaction dated Thursday, February 23rd. Read More

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Ground crew strike causes disruption at Berlin airports

Ground crew strike causes disruption at Berlin airports

The strike is expected to last 25 hours before concluding Friday. The organized protests also come as Germany hosts the world's biggest tourism trade fair, the ITB, which is scheduled to end in Berlin on March 12. Verdi is pushing for an hourly pay increase and better working hours for its members, arguing that their workload is increasing with the growing number of passengers and a greater focus on security. Read More

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Did the Conservatives break a manifesto promise on national insurance?

Did the Conservatives break a manifesto promise on national insurance?

More than a dozen Conservative MPs have criticised the £2bn National Insurance hit, including Iain Duncan Smith, John Redwood, Anna Soubry and Dominic Raab. "There are lots of good reasons for people to be self-employed but unfair and expensive tax advantages shouldn't be one of them", he said. Mr Hammond left income tax rates unchanged but announced that the self-employed would pay a higher rate of National Insurance, a move he claimed would make the tax system fairer. Read More

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Gander Mountain filing for bankruptcy, closing Hixson store

Gander Mountain filing for bankruptcy, closing Hixson store

Gander Mountain is a sporting goods store that sells hunting, fishing and camping gear, along with boating and automotive products. Gander Mountain, which has a store in Hermantown, filed for Chapter 11 bankruptcy protection Friday. Three Gander Mountain stores in Minnesota will be closing - Woodbury, Rogers and Mankato. A 61,000-square-foot Gander Mountain store opened in O'Fallon in May 2015, becoming the company's first store in the metro-east. Read More

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Analyst Advice And Earnings Insight - Praxair, Inc. (PX), Dollar General Corporation (DG)

Analyst Advice And Earnings Insight - Praxair, Inc. (PX), Dollar General Corporation (DG)

In addition, the company converted eight former Family Dollar stores to Dollar Tree stores. Further, back-to-back lower-than-expected results also hurt investor sentiment. The stock has a market cap of $20.28 billion, a P/E ratio of 17.22 and a beta of 0.84. If you are viewing this piece of content on another website, it was stolen and reposted in violation of United States and global copyright and trademark laws. Read More

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Finisar Sinks As Q3 Earnings, Sales And Q4 Guidance Disappoint

Finisar Sinks As Q3 Earnings, Sales And Q4 Guidance Disappoint

Analysts giving the company a rating of 3 would be indicating a Hold recommendation. 01/04/2017 - Finisar Corporation had its "strong buy" rating reiterated by analysts at Needham & Company. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website . Market capitalization is the total market value of all of a company's outstanding shares. Read More

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Over 38% polling in UP's final phase (Afternoon Lead)

Over 38% polling in UP's final phase (Afternoon Lead)

The average polling in this phase during the 2012 state election was 57.92 per cent, and 55.36 per cent in 2014 Lok Sabha polls. UP Chief Electoral Officer T Vekentesh said that except for the complaints of EVM malfunction, the polling was peaceful in all the 40 constituencies and there was no incident of violence during the polling. Read More

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Stand Your Ground Denied In Movie Theater Shooting

Stand Your Ground Denied In Movie Theater Shooting

Prosecutors dispute Reeves claims and Oulson's wife said it was a "rude" Reeves who escalated the disagreement. Having carefully considered the witnesses' testimony, the transcript and recording of defendant's statement to detectives, all of the exhibits offered into evidence, including a personal view of the scene, argument of counsel, and current legal authority, this court determined that Mr. Read More

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Which way Tesla, Inc. (NASDAQ:TSLA) earning numbers may go

Which way Tesla, Inc. (NASDAQ:TSLA) earning numbers may go

A number of other research firms have also weighed in on TSLA. Tesla, Inc.is having a Relative Strength Index of 42.25 which indicates the stock is not yet over sold or over bought based on the technical indicators.Tesla Motors, Inc. The original version of this report can be accessed at https://www.thecerbatgem.com/2017/03/10/tesla-inc-tsla-rating-reiterated-by-morgan-stanley.html. Read More

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Ed Sheeran 'Nearly Breaks Spotify' With Streaming Record

Ed Sheeran 'Nearly Breaks Spotify' With Streaming Record

Sheeran also broke records in the singles charts, with nine of Divide's songs inside the top 10 while the remainder of the album's tracks lie within the top 20. ÷ itself is Number 1 on the Official Irish Albums Chart, outselling the rest of the Top 40 combined. Ben Cook, President, Atlantic Records UK, said Divide was "an incredible musical statement that only Ed could make; it's passionate and contemporary, whilst being distinct and timeless". Read More

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Dollar, stocks rise as data boosts Fed hike bets

Dollar, stocks rise as data boosts Fed hike bets

Japan's export-heavy Nikkei took heart from a softer yen and added 0.3 percent. "Today's ruling will help remove market uncertainty". The dollar rose to its highest level in five days, just below a two-month peak, while the euro fell to a five-day low after the payrolls data and ahead of a meeting of the European Central Bank on Thursday. Read More

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Counting of Votes Begins at 8 am in Uttar Pradesh

Counting of Votes Begins at 8 am in Uttar Pradesh

But, the way Prime Minister campaigned and the kind of response he got from the masses during his extensive electioneering in Uttar Pradesh reflect that Modi wave has not waned. In Uttarakhand and Goa, the exit polls put the BJP ahead of the Congress. And Behenji Mayawati, who was billed as the next UP CM till yesterday, seems to have fallen by the wayside with only a double digit score. Read More

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Kinder Morgan, Inc. (NYSE:KMI)

Kinder Morgan, Inc. (NYSE:KMI)

The Relative Volume of the company is 0.99 and Average Volume (3 months) is 12.26 million. That value represents a market adjusting for revenues that have been falling by -6.79 % on a quarterly year/year basis as of the company's last quarterly report. Read More

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Toddler has a full-blown tantrum in front of the Queen

Toddler has a full-blown tantrum in front of the Queen

Sadly for the toddler's momma, things did not go according to plan. He squirmed and kicked, but the Queen was unfazed - as a great-grandmother of seven, she's bound to have tackled her fair share of toddler tantrums. Awwwwww. The Lunn family was selected to attend the Horse Guards Parade and Service of Dedication due to their time served in the armed forces. Read More

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Analyst Research Roundup: McDonald's Corporation (MCD), Equinix, Inc. (EQIX)

Analyst Research Roundup: McDonald's Corporation (MCD), Equinix, Inc. (EQIX)

Dorsey & Whitney Trust CO LLC boosted its stake in shares of McDonald's Co.by 9.8% in the second quarter. Several hedge funds and other institutional investors have recently bought and sold shares of the company. The dividend yield for the company is hovering around 2.94% while the pay out ratio is now at 65.40%. The ex-dividend date of this dividend is Monday, February 27th. Read More

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Ulta Beauty to continue aggressive store expansion

Ulta Beauty to continue aggressive store expansion

The stock has seen a price of $283.71 according to a recent bid. The company now has a consensus rating of Hold and an average target price of $274.98. ETRADE Capital Management LLC now owns 959 shares of the company's stock worth $228,000 after buying an additional 6 shares in the last quarter. Over the last five trading sessions, the stock has moved -1.33%. Read More

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