Money

Tornadoes in Wisconsin and Oklahoma Leave Two Dead

Severe weather hit much of the USA stretching from Texas to the Great Lakes, killing at least two people and leaving devastation behind in several areas. In Elk City, a community of about 13,000 people roughly 110 miles west of Oklahoma City, Matt Bynum considers himself lucky. He thinks the park had about 50 homes. Read More

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Facebook fined $94m for providing misleading information on WhatsApp merger

Facebook fined $94m for providing misleading information on WhatsApp merger

In December 2016, that Commission announced that it had sent Facebook a Statement of Objections alleging that Facebook had intentionally, or negligently, submitted incorrect or misleading information to the Commission during its review of the Transaction by stating that it was unable to establish reliable automated matching between its users' accounts and WhatsApp users' accounts. Read More

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Rouhani leads Iran presidential race, expected to win

Although Rouhani brought inflation down from around 40 percent when he took office in 2013, prices are still rising at nine percent a year. The 56-year-old cleric said Rowhani's long-praised nuclear deal with six world powers - which set up global controls over Iran's nuclear programme in return for the end of 10 years of economic sanctions - had brought nothing for Iran. Read More

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Crystal Palace could earn £11.4 million from Old Trafford win

Crystal Palace could earn £11.4 million from Old Trafford win

He knows he needs to play on Sunday because he doesn't play or train for a long time and he needs these minutes on the pitch, so he plays against Palace. Steve Bower: "So it's the game Jose Mourinho didn't want, on the day he didn't want; the week ahead will determine if it turns out to be the season he didn't want, with events in Stockholm on Wednesday determining whether he has restored the Champions League nights for Manchester United". Read More

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Chaffetz to resign, raising doubts about Trump probe

Their concern: that Chaffetz might be using the high-profile Comey case, and an opportunity to grill the F.B.I. director in front of millions of Americans, to slingshot his way into a career as a top-tier cable news commentator. Chaffetz wields significant power as the chairman of the House Oversight Committee. The letter also doesn't mention Chaffetz's future plans, including a possible run for Utah governor. Read More

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Wpp Plc (WPP) Stock Rating Reaffirmed by Barclays PLC

Wpp Plc (WPP) Stock Rating Reaffirmed by Barclays PLC

According to a report issued to investors by Deutsche on Thursday, shares of Compass Group (LON:CPG) had their rating reiterated by analysts to "Hold". The firm has "Hold" rating given on Monday, February 8 by Peel Hunt. The firm earned "Neutral" rating on Tuesday, January 26 by Natixis. The company was maintained on Friday, January 29 by Barclays Capital. Read More

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Trump brags to Russians about firing 'nut job' Comey

The quotes from Trump come from a White House document based on notes taken from a meeting Trump had with Russian Foreign Minister Sergey Lavrov and Russian Ambassador Sergey Kislyak in the Oval Office, according to the New York Times . The Justice Department on Wednesday appointed former FBI director Robert Mueller to lead the investigation. When he announced Mueller's appointment this week, Rosenstein said Mueller will have "all appropriate resources to conduct a thorough and complete ... Read More

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South China Sea code of conduct draft approved

PRESIDENT Rodrigo Duterte revealed Friday that China had warned him that it is prepared for war if the Philippines upholds its sovereignty over the disputed territories in the South China Sea. But I'm saying let's start with it being a binding, gentlemen's agreement. According to the tribunal's ruling , it found no evidence that China had historically exercised exclusive control over the waters or resources within the Nine-Dash Line. Read More

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Decoding insights from Warren Buffett

Decoding insights from Warren Buffett

Buffett said flawed compensation is also a problem for hedge-fund managers, arguing that people would be better off sticking their money in a low-priced index fund. "They totally underestimated the impact", Buffett said. The scandal resulted in $185 million in fines and the resignation of Wells Fargo CEO John Stumpf. Read More

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Oil Prices Up as U.S. Crude Supplies Decline

Oil Prices Up as U.S. Crude Supplies Decline

Nigeria, which along with Libya is exempt from OPEC cuts, is also expected to see a jump in output soon as Shell tests the Trans Forcados oil export pipeline before it restarts. Global benchmark Brent crude LCOc1 settled up $1.49 a barrel, or 3 percent, to $50.22 a barrel. In its monthly oil market report (MOMR), OPEC said the U.S. Read More

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Trump said firing 'nut job' Comey relieved 'great pressure'

He was insane, a real nut job", Mr. Trump said, according to the document, which was read to The New York Times by an American official. "If the election had been on October 27th, I would be your president", Clinton said earlier this month, referring to Mr Comey's statement on October 28th that a fresh investigation involving emails sent to the disgraced former husband of Clinton aide Huma Abedin had been opened. Read More

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QUALCOMM, Inc. (QCOM) Stock Rating Reaffirmed by Sanford C. Bernstein

QUALCOMM, Inc. (QCOM) Stock Rating Reaffirmed by Sanford C. Bernstein

Finally, Adalta Capital Management LLC bought a new stake in QUALCOMM during the first quarter valued at $3,349,000. The fund owned 4,100 shares of the wireless technology company's stock after selling 300 shares during the period. The ex-dividend date is Friday, May 26th. This represents a $2.28 dividend on an annualized basis and a yield of 4.17%. This is a boost from QUALCOMM's previous quarterly dividend of $0.53. Read More

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Hudco shares jump 28% in stock market debut

Hudco shares jump 28% in stock market debut

Hudco shares surged as much as 30 per cent to Rs 77.85 on National Stock Exchange compared to its issue price of Rs 60. It later touched a high of Rs 77.80, rising 29.66 per cent. The qualified institutional buyer (QIB) portion was oversubscribed 55.45 times, non-institutional investors a staggering 330.36 times and retail investors 10.79 times. Read More

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Body dumped in ditch during theft of hearse

Body dumped in ditch during theft of hearse

The thief has not been identified. When they arrived at the scene, they discovered the body, still attached to the gurney. Both Albrecht and Crow are facing charges of unauthorized use of a motor vehicle. Sergeant Jason James with Bryan police says they got a call from a truck driver who saw a stretcher with a deceased person on it in a ditch. Albrecht, 28, was charged with abuse of a corpse, which is a Class A misdemeanor punishable by up to a year in jail and a $4,000 fine. Read More

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Synchrony Financial (SYF) Receives "Market Perform" Rating from CIBC

The firm owned 293,074 shares of the financial services provider's stock after selling 16,589 shares during the period. BlackRock Inc. increased its stake in Synchrony Financial by 2,275.1% in the first quarter. This represents a $0.52 annualized dividend and a dividend yield of 1.96%. Synchrony Financial's dividend payout ratio (DPR) is now 19.19%. ILLEGAL ACTIVITY WARNING: This piece of content was first published by BBNS and is the property of of BBNS. Read More

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Higher US Crude Output Should Pressure Oil Prices

Oil prices rose on Thursday, with global benchmark Brent crude trading comfortably above $50 a barrel after a fall in USA inventories and a bigger-than-expected cut in Saudi supplies to Asia helped tightened the market. The price of OPEC's basket of 13 crudes stood at $46.83 a barrel on May 9, as compared to $46.87 on May 8. Oil prices have erased the gains achieved since November, when OPEC and other producers, including Russian Federation, agreed to cut output by about 1.8 million barrels ... Read More

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Trump claims 'witch hunt'; GOP puts hope in special counsel

Law enforcement officials now consider a senior Trump adviser a "person of interest" in the probe, the Post reported , citing people familiar with the matter. The Justice Department on Friday issued a transcript of Rosenstein's remarks. Rosenstein told the U.S. Senate on Thursday that he knew President Donald Trump meant to fire Comey before he wrote the memo. Read More

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Lawmakers demand swift action for Turkish Embassy violence

Lawmakers demand swift action for Turkish Embassy violence

USA lawmakers demanded stronger action. "The American and Turkish peoples have been friends and allies for many, many decades", Trump said. "This is what happens in Turkey - this is not what happens in the U.S. Citing "the rights of people everywhere to free expression and peaceful protest, " the US State Department said it was "communicating our concern to the Turkish government in the strongest possible terms". Read More

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How Jared Kushner Sealed The Saudi Arms Deal

The New York Times reports that deal includes the purchase of an expensive THAAD defense system, or Terminal High Altitude Area Defense. So he dialed up Hewson to ask her if the anti-ballistic missile system's price could be cut down, according to the report, which cited multiple unnamed administration officials. Read More

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London City Airport to install UK's first remote air traffic control tower

London City Airport to install UK's first remote air traffic control tower

The screens will also overlay important information, such as weather, flight numbers and aircraft call signs, to improve operator awareness and speed up decision making. "A pioneering new digital air traffic control system will enhance safety and improve resilience, setting a new standard for the global aviation industry to follow", London City Airport Chief Executive Declan Collier said. Read More

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Alibaba announces $6 billion buyback but misses EPS forecast

Alibaba announces $6 billion buyback but misses EPS forecast

Chinese e-commerce Alibaba Group has seen a 60 percent increase in quarterly revenue, its highest since being listed on the Nasdaq in 2014. This U.S. push follows a meeting between Chairman Jack Ma and U.S. "Chinese consumers are driving the shift of the Chinese economy from an export and investment-led to a consumption-led economy", Tsai said. In October Alibaba Pictures took a minority shareholding in Steven Spielberg's Amblin Partners, a film creation company that includes DreamWorks ... Read More

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Unemployment rates hit record lows in 3 states

Counties with the lowest unemployment rates are: Shelby County at 3.3 percent, Elmore County at 3.6 percent, and Cullman County at 3.7 percent. Maui County's 3% unemployment rate for April was up slightly from the 2.9% reported a month earlier, and down slightly from the 3.1% reported at the same time previous year. Read More

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Salesforce.com, inc. (NYSE:CRM) earnings up 25% y-o-y

INC (CRM) Earnings estimate: "40" Analysts are saying that the company to report next quarterly earnings of $0.35 per share for period Quarter Ending_Oct-17. Salesforce.com, inc.is a provider of enterprise software, delivered through the cloud, with a focus on customer relationship management (CRM). Several equities research analysts have issued reports on the stock. Read More

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Green Machine is back, Deere posts a big 1Q and ups outlook

Green Machine is back, Deere posts a big 1Q and ups outlook

In addition, net equipment operations sales hit $7.260 billion for the present quarter, reaching $11.958 billion over the first six months; compared against $7.107 billion and $11.876 billion for the same periods from the year prior. Deere said the gain on the sale of a partial interest in SiteOne made a significant contribution to the division's results for both periods. Results for the quarter benefited from lower losses on lease residual values, largely offset by less-favorable financing ... Read More

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Singapore Airlines to re-integrate cargo unit

Singapore Airlines to re-integrate cargo unit

Nevertheless, strategic policies to address structural changes are starting to demonstrate positive results, it added. It said in a statement that a "wide-ranging review" of the company's network, fleet, products, services, organizational structure, and processes is underway to better position the airline for the future. Read More

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Chelsea Manning: Free to Be Trans Celeb a la Caitlyn Jenner?

Chelsea Manning: Free to Be Trans Celeb a la Caitlyn Jenner?

Manning has served more time in prison than anyone else in USA history convicted of leaking classified information. After the sentencing, the ex-intelligence agent changed her name to Chelsea Manning and identified as transgender. Manning launched a hunger strike in September, demanding access to treatment for her gender dysphoria. "The first thing Chelsea always says when we talk about her freedom is that she wants to give back to the trans community", said Chase Strangio , an ... Read More

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Former US Rep. Anthony Weiner faces charges in sexting case

Anthony Weiner is expected to plead guilty Friday to a single charge of transferring obscene material to a minor as part of a plea agreement he has made with the United States attorney's office in Manhattan. But Clinton partly blamed her election loss to Republican Donald Trump on Comey's announcement. The investigation into Weiner came to light after the Daily Mail, a British newspaper, published an interview with the North Carolina teen a year ago. Read More

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Trader's Buzz: Applied Materials, Inc. (AMAT)

Trader's Buzz: Applied Materials, Inc. (AMAT)

State Street Corp is the second biggest holder with 50 million shares now valued at 1.63 B million whilst BlackRock Fund Advisors has 41 million shares valued at 1.31 B million. The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 15th. Stockholders of record on Thursday, May 25th will be given a $0.10 dividend. Read More

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FCC Votes to Propose Eliminating Net Neutrality

FCC Votes to Propose Eliminating Net Neutrality

Brian Schatz (D-Hawaii) said he expected the FCC to have 2-3 million comments in the net neutrality ( Restoring Internet Freedom ) docket by week's end. The public is invited to comment on the proposal. Mike Needham, chief executive officer of Heritage Action for America, the lobbying affiliate of The Heritage Foundation, said in a statement that this deregulation move is welcome. Read More

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Coca-Cola Amatil Ltd (CCLAY) Valuation According To Analysts

Coca-Cola Amatil Ltd (CCLAY) Valuation According To Analysts

Analysts have a mean recommendation of 2.40 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). Investors of record on Thursday, June 15th will be paid a $0.37 dividend. The ex-dividend date is Tuesday, June 13th. The Coca-Cola's dividend payout ratio is presently 93.33%. Read More

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