Money

Consumer confidence slips in May but still at high levels

Consumer confidence slips in May but still at high levels

Those saying business conditions are "good" edged down to 29.4% from 30.8% last month, but those saying business conditions are "bad" was unchanged at 13.7%. Markets were in a cautious mood after data showed US consumer confidence unexpectedly fell in May, the second consecutive monthly decline. "With the labor market continuing to strengthen, and GDP growth expected to rebound in the second quarter, it likely will be appropriate soon to adjust the federal-funds rate", she told the New York ... Read More

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The Jon Stanton Purchases 11909 Shares of Weir Group PLC (WEIR) Stock

It has outperformed by 56.14% the S&P500. Canaccord Genuity reiterated a buy rating and issued a GBX 150 ($1.93) target price on shares of EI Group PLC in a research note on Thursday, February 9th. It has underperformed by 16.70% the S&P500. UKPIL provides letter and parcel services to and from countries around the world under reciprocal arrangements with other overseas postal administrations. Read More

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US consumer spending, rising inflation may support Fed Reserve rate hike

The year-on-year rate declined to a four-month low of 1.7% from a revised 1.9% which was originally reported as 1.8%. USA stock index futures pared losses after the data while the dollar edged up against the yen. The weakness in core inflation in recent months may provide some fodder for the doves on the FOMC to delay further rate hikes until inflation pressures become clearer. Read More

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Amazon's stock tops $1000 for the first time

The shares were sold at an average price of $969.73, for a total transaction of $3,878,920.00. It is down 95.19% since May 30, 2016 and is uptrending. Pacific Crest initiated the stock with "Overweight" rating in Tuesday, December 8 report. (NYSE:ORA) has "Buy" rating given on Friday, May 5 by Oppenheimer. Read More

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Justices side with police in California shooting case

Seeing the gun, the officer discharged their weapons, firing 15 rounds which gravely wounded Mendez and his girlfriend. They were told to search the back yard where officers suspected the missing parolee might be hiding. In an 8-0 decision, the high court said for a crime like Juan Esquivel-Quintana's to be serious enough for deportation, the minor must be younger 16. Read More

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Donald Trump 'to pull United States out of Paris climate change agreement'

Donald Trump 'to pull United States out of Paris climate change agreement'

Pulling out of the deal would arguably be the biggest unravel of Obama-era climate policies and may even cause the entire deal to collapse. As the incoming President of COP 23, the United Nations climate change conference Bainimarama has appealed to the US President, Donald Trump to "preserve at all costs" the historic achievement that was reached in the French capital in 2015 and the multilateral consensus for decisive action to reduce carbon emissions and arrest the current rate of ... Read More

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Olivia Newton-John says she has breast cancer; cancels tour

Olivia Newton-John says she has breast cancer; cancels tour

In October, she collaborated with Beth Nielsen Chapman and Amy Sky on the rootsy, inspirational collection Liv On , which draws on their experiences with loss, grief and survival. That experience helped make her nearly as famous for her cancer advocacy as her best-selling songs. Rescheduled dates for postponed shows will be posted at OliviaNewton-John.com "in the coming weeks". Read More

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Urinating 'Sketchy Dog' statue appears next to 'Fearless Girl'

Urinating 'Sketchy Dog' statue appears next to 'Fearless Girl'

The artist behind the bull , Arturo Di Modico, has not appreciated the installation of Fearless Girl , a work designed by Kristen Visbal and commissioned by an worldwide investment firm State Street Global Advisors . "We were focusing on making a statement about the future of Wall Street", Visbal told CNN Money last month. Still, Gardega says not everyone is aware of the sponsorship. Read More

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Are Analysts Bullish about Grainger PLC (LON:GRI) after last week?

The firm has "Overweight" rating given on Thursday, March 24 by JP Morgan. Stifel Nicolaus maintained IP Group Plc (LON:IPO) on Tuesday, February 14 with "Buy" rating. Robert W. Baird downgraded INC Research Holdings Inc (NASDAQ:INCR) rating on Tuesday, May 3. Morgan Stanley now owns 6,186,085 shares of the oil and gas exploration company's stock valued at $213,544,000 after buying an additional 623,612 shares during the last quarter. Read More

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Pentagon declares success for key test of missile defense

The interceptor was sacked from Vandenberg Air Force Base in California, and the ICBM target was launched from the Republic of the Marshall Islands out in the Pacific. The countries are jointly developing the Standard Missile-3 Block IIA long-range interceptor. Pentagon spokesman Navy Captain Jeff Davis had said the test was not timed specifically in response to tensions with Pyongyang but "in a broad sense, North Korea is one of the reasons why we have this capability". Read More

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Narendra Modi meets Chancellor Angela Merkel on Germany visit

Narendra Modi meets Chancellor Angela Merkel on Germany visit

Mrs Merkel is seeking a fourth term as chancellor ahead of parliamentary elections in September. In recent times, India has attracted about 74 German companies which have business plans worth investment of United States dollars 1 billion, Gurjit Singh told PTI as Prime Minister Narendra Modi held talks with German Chancellor Angela Merkel and signed eight agreements. Read More

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Water Intelligence PLC (WATR) Receives "Corporate" Rating from FinnCap

The company was maintained on Tuesday, April 26 by Peel Hunt. Shore Capital reiterated a "house stock" rating on shares of Amerisur Resources plc in a research note on Tuesday, April 4th. The firm has "Buy" rating by Standpoint Research given on Thursday, January 14. Finally, BNP Paribas reissued an "outperform" rating and issued a GBX 640 ($8.33) target price on shares of BAE Systems plc in a research report on Friday, February 24th. Read More

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9th Circuit to hear travel ban appeal, again

In response to the rulings against the executive orders , Trump has threatened to break up the sprawling 9th Circuit into smaller appeal courts with sway over fewer states. Wall added that there was no "affirmative showing of bad faith" by Trump. A lawyer for President Donald Trump says he has clarified campaign rhetoric in which he called for a ban on Muslims. Read More

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Analysts At Berenberg Reiterated Unilever PLC (LON:ULVR) As Buy

Analysts At Berenberg Reiterated Unilever PLC (LON:ULVR) As Buy

The firm has "Outperform" rating by RBC Capital Markets given on Thursday, April 27. The average 12-month price objective among brokerages that have issued a report on the stock in the past year is GBX 1,876.67 ($24.41). About 2,913 shares traded. Paragon Group of Companies PLC (LON:PAG) has 0.00% since May 26, 2016 and is. It has underperformed by 17.76% the S&P500. Read More

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Uma Bharti ahead of Babri Masjid case hearing

Uma Bharti ahead of Babri Masjid case hearing

If the court rejects the application, then charges against them will be framed, said their lawyer Prashant Atal. Many Hindus believe that the mosque was built over the birthplace of Lord Ram; they want a temple to be built there. While directing the accused to present themselves in person, the judge had said no application for adjournment or exemption from personal appearance shall be entertained. Read More

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Stock under Analysts Radar: Office Depot, Inc. (ODP)

Oppenheimer Holdings Inc. reaffirmed a "hold" rating on shares of Office Depot in a research note on Tuesday, May 9th. The stock of Office Depot Inc (NASDAQ:ODP) has "Sell" rating given on Wednesday, May 11 by UBS. The stock was sold at an average price of $4.63, for a total transaction of $71,468.68. Following the completion of the transaction, the chairman now owns 84,534 shares in the company, valued at $397,309.80. Read More

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'Demagoguery at the Highest Level': Mulvaney Slams Dems' 'Lies' About Budget

Budget Director Mick Mulvaney appears Wednesday before the House Budget panel while Treasury Secretary Steven Mnuchin will testify at the tax-writing House Ways and Means Committee. There's little appetite among Capitol Hill Republicans for a genuine effort to balance the budget; GOP lawmakers this year are instead pressing to rewrite the tax code and forge a spending deal with Democrats that would permit higher military spending. Read More

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Iranian president calls U.S. relations 'a curvy road'

Iranian president calls U.S. relations 'a curvy road'

In a telephone call, Rouhani told France's new president Emmanuel Macron he was hopeful that Europe would not mimic Trump's stance against the Islamic Republic. Gen. Massoud Jazayeri, refuted the comments by the U.S. Secretary of State Rex Tillerson for urging a policy shift in Tehran's conduct during President Hassan Rouhani's second term. Read More

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Oil prices rise after Russian-Saudi agreement to cap outflow

Oil prices rise after Russian-Saudi agreement to cap outflow

Saudi Arabia and Russian Federation have agreed to extend the oil output reduction deal for another nine months, until march 2018. USA bank Goldman Sachs said the deal "will likely further extend the oil price rebound... The supply cut has helped prices recover from a low of $26 a barrel early past year. "Saudi Arabia seems very determined to push oil prices higher by making this joint statement now", said Mr Oystein Berentsen , managing director of oil trading company Strong Petroleum. Read More

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Ceremonies at cemetery planned for veterans, walkway

Speaking while standing next to her brother's grave in Bushnell, Decker said she tries to honor Grater on more than just Memorial Day. "Party Friday, party Saturday, but honor this day", Garcia said. "This has been quite a day for a long time". The ceremony, held in the shadow of the post's massive American flag to the tune of taps, capped the community's 2017 Memorial Day service, an annual tradition. Read More

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Unannounced, new Russian passenger plane completes maiden flight

Unannounced, new Russian passenger plane completes maiden flight

Irkut Corporation, itself owned by state controlled United Aircraft Corporation, said its MC-21-300 had successfully flown for 30 minutes at a height of 1000 metres at a speed of 300 kilometers per hour. Irkut Corporation, part of the United Aircraft Corporation, is a Moscow-based aircraft manufacturer. The MC-21 features industry first polymer composite wing, that reduce aircraft weight and improve fuel efficiency. Read More

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Moody's cuts ratings of 26 Chinese state firms

The downgrade , which is the first for China since 1989, was quickly dismissed by the government's finance ministry. "While ongoing progress on reforms is likely to transform the economy and financial system over time, it is not likely to prevent a further material rise in economy-wide debt, and the consequent increase in contingent liabilities for the government". Read More

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Healthier Me: How to keep our kids safe in the summer sun

Healthier Me: How to keep our kids safe in the summer sun

Those regulations have not occurred. Of the 58 products tested, 20 came back at less than half of the labeled SPF number. Also, sunscreen is not enough for optimal protection. "Don't skimp on sunscreen". Use sunscreen with at least SPF 15 and broad spectrum protection when your child goes outside. As for the SPF, he says higher doesn't necessarily mean better coverage. Read More

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Fox retracts story about murdered DNC staffer

Fox retracts story about murdered DNC staffer

Top-listed Fox News presenter Sean Hannity is facing an ad exodus as a result of him leaning heavily on a discredited conspiracy theory about the murder of a member of a DNC staff member . Fox News has already lost its two biggest prime time stars - Bill O'Reilly and Megyn Kelly - in the span of just five months. "That the entire Russia-collusion narrative is hanging by a thread, if in fact - take Seth out of it - there was a whistleblower within the DNC, a truth-teller, that actually ... Read More

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Restaurant Group PLC (RTN) Upgraded to "Overweight" by JPMorgan Chase & Co

The company was maintained on Thursday, September 24 by Charles Stanley. BNP Paribas maintained it with "Neutral" rating and GBX 3850 target in Monday, March 20 report. Babcock International Group PLC (LON:BAB) has 0.00% since May 26, 2016 and is. It has underperformed by 16.70% the S&P500. Five investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company's stock. Read More

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No. 1 seed Kerber dumped out of French Open in first round

No. 1 seed Kerber dumped out of French Open in first round

Kerber of Germany was shocked at Roland Garros on the first day of the major tournament, losing 6-2, 6-2 to 40th-ranked Ekaterina Makarova of Russian Federation. The German tennis star is in need of a strong performance. "It's kind of - I don't want to say 'open, ' because everyone's really good, but - very competitive", Rogers said, "and there's not like that dominating force". Read More

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Politicians give verdict on Corbyn-May TV interviews

A week and a half before the elections, the Labour party leader is condemned by his own party for visiting and taking part in wreath-laying ceremony in honor of terrorists. "We will put an absolute cap on the level of money that people have to spend on care". "First and foremost we say that we would guarantee the rights of European Union nationals living in the United Kingdom", she said. Read More

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Oil prices slump but experts see rise to $60 before year end

Backwardation - when near-term crude prices are higher than those for later months - will be needed for the cuts to shrink the glut, and prevent an increase in US shale production, the bank said . Zanganeh recalled that OPEC and non-OPEC members had remained 100% and 90% committed to the November 30 oil cut deal. Opec , a group of mainly Middle Eastern countries led by Saudi Arabia , was joined last week by Russian Federation - one of the biggest producers - when it agreed to continue ... Read More

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RSP Permian Inc (RSPP) Shares Bought by US Bancorp DE

Shares have dropped -16.33% over the trailing 6 months. It has underperformed by 9.89% the S&P500. The shares were sold at an average price of $41.17, for a total transaction of $247,020.00. RSP Permian, Inc. (RSPP ) has the market capitalization of $6.06 Billion. 03/07/2017 - RSP Permian Inc had its " rating reiterated by analysts at Deutsche Bank. Read More

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BA aims to restore normal flight service after IT failure

The failure on Saturday, May 27, resulted in the delay or cancellation of hundreds of flights, leaving thousands of passengers stranded at London's Heathrow Airport on a holiday weekend. "Everyone is upset. There's people in tears", said Melanie Ware, who flew in from Los Angeles and was trying to get to Venice on her honeymoon. British Airways hasn't given a cost for the disruption. Read More

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Reliance Communication Reports 966 Crores Loss in Second Straight Quarter

Reliance Communication Reports 966 Crores Loss in Second Straight Quarter

Four analysts had, on average, expected Reliance Communications to report a loss of 7.48 billion rupees, according to data compiled by Thomson Reuters. The company cited free offers and disruptive pricing models as the key reasons behind a disappointing quarter. "For the first time in over 20 years, the telecom sector registered de-growth in revenues, leading to a reduction in the Government's share in revenues, sharp drop in operating margins, accompanied by increased interest costs arising ... Read More

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