Money

Islamic State mining Mosul to stop families fleeing as Iraqi forces advance

Islamic State mining Mosul to stop families fleeing as Iraqi forces advance

IS still controls '10.5 percent of. the right bank, ' Brigadier General Yahya Rasool, spokesman for the Joint Operations Command, told a news conference in Baghdad, referring to west Mosul . The troops are now pushing to seize the remaining neighbourhoods in north and northwest of the city centre to tighten noose around the IS redoubt in the neighbourhoods of the old city centre in the western side of Mosul , including old areas around the historical al-Nuri Mosque. Read More

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Watchstone Group PLC (QPP) Receives Buy Rating from Peel Hunt

About 38,409 shares traded. U and I Group PLC (LON:UAI) has risen 18.24% since October 13, 2016 and is uptrending. It has outperformed by 0.98% the S&P500. One investment analyst has rated the stock with a hold rating and eight have issued a buy rating to the company's stock. Therefore 27% are positive. AstraZeneca plc (ADR) has $50 highest and $32 lowest target. Read More

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U.S. stock futures, dollar fall on rising concerns on Trump

U.S. stock futures, dollar fall on rising concerns on Trump

The president is already fending off questions about his firing of FBI Director James Comey, and the controversies are raising concerns over Trump's ability to deliver on his economic agenda. The stock suffered the most as the yen has become the safe-haven for investors on looming potentials of geopolitical conflicts. Spot gold was up 0.6 percent at $1,237.85 an ounce by 3:30 p.m. Read More

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Analysts Anticipate Target Co. (TGT) Will Announce Quarterly Sales of $15.64 Billion

The company has a consensus rating of Hold and a consensus target price of $66.40. Instinet decreased their price objective on shares of Target to $60.00 in a research report on Wednesday, March 1st. TRADEMARK VIOLATION WARNING: This news story was posted by Chaffey Breeze and is the sole property of of Chaffey Breeze. The legal version of this article can be read at https://www.themarketsdaily.com/2017/05/16/target-co-tgt-upgraded-to-hold-at-zacks-investment-research.html. Read More

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Trusts were told about security patch last month — NHS cyberattack

Trusts were told about security patch last month — NHS cyberattack

And that's just a measure of the electronic consequences of WannaCry . "Microsoft worked throughout the day to ensure we understood the attack and were taking all possible actions to protect our customers". However, MalwareTech added, the kill switch that was activated doesn't prevent the actors responsible for the ransomware from removing the domain check in their code and re-launching an attack, "so it's incredibly important that any unpatched systems are patched as quickly as possible". Read More

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Edelweiss Financial Q4 net rises 40 pc to Rs 170 cr

Edelweiss Financial Q4 net rises 40 pc to Rs 170 cr

Punjab National Bank on Tuesday reported standalone net profit of Rs 261.90 crore in the fourth quarter ended March 31, 2017. PNB's MD and CEO Sunil Mehta said the bank has witnessed improvement in gross net performing assets (NPAs) or bad loans which declined to 12.53 per cent of gross advances at the end of March this year, as against 12.90 per cent year ago. Read More

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Oil rises 2% after Saudi and Russian Federation back longer supply cut

The current agreement that started on 1 January effectively cut oil production by Opec and non-Opec countries by nearly 1.8 million barrels per day (bpd), but that has not helped crude futures move above the $50 per barrel levels. Goldman said that beyond the ongoing rise in US oil production, which is up over 10 percent since mid-2016 to 9.3 million bpd, output will increase by OPEC members who were exempt from the cuts, or where supply disruptions had ended, including Libya and Nigeria. Read More

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Tata Steel narrows loss on higher global, domestic revenue

Tata Steel narrows loss on higher global, domestic revenue

Koushik Chatterjee, Group Executive Director (Finance and Corporate), said: "The ongoing transformation programme in the United Kingdom, performance improvements in India and Netherlands contributed to the strong underlying performance". A PPF spokesperson confirmed the commercial details and said members of the scheme could rely on the lifeboat fund to protect them and receive PPF levels of compensation at the minimum. Read More

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Construction of New Homes Hit Five-Month Low in April

Construction of New Homes Hit Five-Month Low in April

Housing starts fell 2.6 percent in April to a seasonally adjusted annual rate of 1.17 million units, the Commerce Department reported Tuesday. Home Depot and smaller rival Lowe's Cos Inc have remained a bright spot in the retail sector as a firming economy and higher wages drive new home sales and a rise in the value of existing houses spurs remodeling activity. Read More

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UK April CPI Inflation Rate Increases To 46-Month High Of 2.7%

UK April CPI Inflation Rate Increases To 46-Month High Of 2.7%

The ONS said the biggest contribution to the increase in April's rate came from air fares, with clothing vehicle excise tax and electricity bills also making a contribution. On month-on-month basis, the urban index rose by 1.61 percent in April from 1.76 percent recorded in March, while the rural index rose by 1.59 per cent in April from 1.69 percent in March. Read More

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United Kingdom unemployment hits lowest level in 42 years

United Kingdom unemployment hits lowest level in 42 years

There will be further concerns that weakness in real earnings will have a negative impact on consumer spending over the next few months. " If the disparity between pay and price growth continues to increase as we predict, household spending is likely to slow further, weakening overall economic activity ", Suren Thiru, head of economics at the British Chambers of Commerce was cited as saying by the Guardian. Read More

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India gives China's 'One Belt One Road' summit a deliberate miss

Chinese President Xi Jinping said the leaders agreed that they would promote worldwide cooperation on the Belt and Road development and jointly tackle challenges facing the global economy. It can promote effective access to markets and new opportunities... Noting that China and Italy both boast ancient civilizations, Xi said the two countries have been connected by the historic Silk Road. Read More

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Active Stock Momentum: The Coca-Cola Company (KO)

Active Stock Momentum: The Coca-Cola Company (KO)

The company has a Return on Assets (ROA) of 6.80%. DOUGLAS J ALEXANDER JR also sold $629,700 worth of The Coca-Cola Co (NYSE:KO) on Tuesday, March 14. Analysts who have weighed in on projected earnings growth are expecting that Coca-Cola Company (NYSE:KO) will report earnings of $0.58 for the current quarter on or around 7/26/17, however the company's high EPS estimates are $0.6 and low estimates are $0.56. Read More

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North Korea missile detected by THAAD, program progressing faster than expected

In a media conference on Tuesday before an emergency UN Security Council (UNSC) meeting on the North's latest missile test, Haley revealed the new terms. Though it only travelled 489 miles, it reached an altitude of 1,312 miles - the highest of its seven missile tests this year. His comments suggest North Korea could be planning to launch another missile - possibly an intercontinental ballistic missile (ICBM). Read More

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County schools adopt $180.5 million budget for FY18

County schools adopt $180.5 million budget for FY18

Councilman Peter Van Scoyoc, who is midway through his second four-year term on the board, is expected to be the Democratic nominee for supervisor after fellow incumbent Councilwoman Sylvia Overby said she would not seek the post. A glance at the bottom line of the preliminary budget presented last week shows a modest cut of just $8,366 to the General fund when compared to the published 2016-17 budget, and also a $20,876 decrease in the bottom line of the Capital Outlay budget compared to ... Read More

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The Home Depot (NYSE:HD) 1Q17 earnings; Beats Street View

Sanford C. Bernstein initiated coverage on Home Depot in a research note on Monday, February 6th. The stock of Relx PLC (ADR) (NYSE:RELX) has "Hold" rating given on Thursday, August 27 by Berenberg. HD also raised its diluted earnings-per-share growth guidance for the year and now expects diluted earnings-per-share growth after anticipated share repurchases of approximately 11% from fiscal 2016 to $7.15. Read More

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BT Group plc (BT) Given "Neutral" Rating at Macquarie

Therefore 36% are positive. Analysts await AstraZeneca plc (ADR) (NYSE:AZN) to report earnings on July, 27. The company was maintained on Thursday, September 24 by Natixis. Therefore 88% are positive. Dcc Plc has a 52-week low of GBX 5,780.00 and a 52-week high of GBX 8,029.92. Macquarie now has a GBX 270 ($3.49) price target on the utilities provider's stock. Read More

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HP Enterprise unveils computer 'for era of Big Data'

HP Enterprise unveils computer 'for era of Big Data'

In case of Revenue Estimates, 9730000 analysts have provided their consensus Average Revenue Estimates for Hewlett Packard Enterprise Company as 21000. The company had revenue of $11.41 billion for the quarter, compared to analysts' expectations of $12.09 billion. While in the same Quarter Previous year, the Actual EPS was $0.42. Read More

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Why Arsenal shouldn't be too depressed about top-four failure

It will be his third FA Cup final in four years and the 67-year-old pointed to that record when asked if he would take the Europa League seriously if Arsenal finished outside the top four and he stayed in place. Arsenal boss Arsene Wenger has stressed that it will be a "different story" for Premier League champions Chelsea next season when they have European football added to their schedule. Read More

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The 2017 Federal Budget: 5 ways it could affect you

The 2017 Federal Budget: 5 ways it could affect you

There's no easy way to put this: Australia owes a lot of money. The Federal deficit will fall to a surplus to $7.4 billion in 2020-2021 from $29.4 billion in 2017-18 and $37.6 billion in 2016-17. As for the levy on banks: "We're not going to stand in the way of it". Morrison said this would "provide transparency about what it really costs to run Medicare and the PBS and a clear guarantee on how we pay for it". Read More

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"Smooth" Brexit should allow solid United Kingdom growth

It said inflation would continue to rise further above its 2% target in the coming months, "peaking a little below 3% in the fourth quarter". But as official data has soured since the start of the year, many economists expect tougher times ahead as Prime Minister Theresa May starts two years of fraught Brexit talks before the country leaves the European Union at the end of March 2019. Read More

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Britain's Vodafone reports net loss of 6.1 bln euros

Britain's Vodafone reports net loss of 6.1 bln euros

The proposed merger will create a new champion for Digital India, while capturing synergies with an estimated net present value of $10 billion, the company said. Adjusted earnings including India on a guidance basis up 3.4 per cent to €15.8bn. Group revenue decreased 4.4 percent to 47.63 billion euros from 49.81 billion euros a year ago, primarily due to foreign exchange movements. Read More

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Dugdale: SNP's 'obsession' with independence has led to 'lost generation' of kids

Dugdale: SNP's 'obsession' with independence has led to 'lost generation' of kids

She is expected to say: "Under the Tories and the SNP almost half a million emergency food parcels have been handed out to people across Scotland". Scotland's First Minister made it clear that the general election would be the main focus for her party (SNP) and that she hopes it will give Scotland a "stronger voice" in formulating Brexit terms, and eventually, demanding another independence referendum. Read More

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Putin says Russia will not arm Syrian Kurds

Putin was captured on camera on Sunday sitting down at a grand piano in a Chinese state residence, and performing a few slightly hesitant chords of two popular Soviet-era compositions, " Moscow Windows " and " Evening Song ". A source familiar with the matter said the ministry did not lose any information in the attacks. The missile fell in the central part of the Sea of Japan some 500 kilometers away from Russia's territory. Read More

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Amazon Echo Show with 7-inch touch screen launched

The Amazon Echo Show has its home-brewed digital assistant Alexa handling all the operations based on voice-commands and now touch screen inputs. The Echo Show will be released on Wednesday, June 28 , but it's now available to pre-order with a $100 early-bird discount for those who want to get their hands on it as soon as it comes out. Read More

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Dollar down against commodity currencies as oil prices surge

The dollar USDCAD, -0.3865% fell 0.5% to 1.3638 Canadian dollars, down from 1.3712 late Friday, as Brent crude oil-the global benchmark-and US crude futures LCON7, +2.58% CLM7, +2.91% jumped 2.8%. Oil halted gains near $48/bbl after US rigs targeting crude rose a 17th week, countering a report that OPEC and other major producers reached an initial agreement to extend output cuts. Read More

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