Money

Fed Raises Rates For The Second Time In Trump's Presidency

Investors and Fed watchers tend to scrutinize those projections to determine whether they think the central bank is growing more optimistic about growth , unemployment and inflation. Patrick Lewis, a real estate agent in Scottsdale, said the Fed's decision to increase its key interest rate is "great news" and that consumers need not fear rising interest rates when they look for a loan. Read More

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Drones showing up weaknesses in missile defence plans

Drones showing up weaknesses in missile defence plans

While it'd certainly deter some people from flying their quadcopter in a no-fly zone, we can't see the FAA placing an order for Patriot missiles anytime soon. General Perkins said "we all love patriot missiles" but admitted "that's not a good economic exchange ratio". Thirteen countries possess Patriot missiles, according to manufacturer Raytheon. Read More

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Dollar General sales soar as expansion continues apace

Dollar General sales soar as expansion continues apace

The moves come as Dollar General and larger rival Dollar Tree Inc DLTR.O face stiff competition from Wal-Mart and other grocery retailers, which have been discounting aggressively, even amid falling food prices, to win customers. This represents a $1.04 annualized dividend and a dividend yield of 1.43%. The current value of the RSI is 45.20 that is neither bought nor sold range. Read More

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Britain's Queen Elizabeth II signs Brexit bill into law

Britain's Queen Elizabeth II signs Brexit bill into law

The second amendment on whether to hold a meaningful final vote on any deal after the conclusion of Brexit talks was voted down by 331 to 286, a majority of 45, in the Commons. But the prospect of an imminent start to Brexit was enough to push the nationalist devolved government in Scotland into calling for a new independence referendum. Read More

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Analysts Weigh in on Rockwell Collins, Inc. (NYSE:COL): Consensus Notes

Analysts Weigh in on Rockwell Collins, Inc. (NYSE:COL): Consensus Notes

Based on several research reports, Rockwell Collins was Upgraded by Morgan Stanley to " Overweight" on Mar 13, 2017. The current consensus rating for Rockwell Collins, Inc . The ex-dividend date was Thursday, February 9th. Rockwell Collins Inc . P/E (price to earnings) ratio is 17.7 and Forward P/E ratio of 17.12. Rockwell Collins: On Friday, Mar 10, 2017 heightened volatility was witnessed in Rockwell Collins which led to swings in the share price. Read More

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After Moms Raise Funds for Excavation, a Horrific Find in Mexico

After Moms Raise Funds for Excavation, a Horrific Find in Mexico

The top prosecutor in Mexico's Gulf coast state of Veracruz says more than 250 skulls have been found in what appears to be a drug cartel mass burial ground on the outskirts of the city of Veracruz. According to BBC , the skulls and bones were discovered in a wooded area known as Colinas de Santa Fe. When the group found the burial pits, they immediately informed the authorities to carry out the final excavations. Read More

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Jabil Circuit Inc Earnings Retreat 19% In Q2

Jabil Circuit Inc Earnings Retreat 19% In Q2

Ten investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The stock presently has an average rating of "Hold" and an average price target of $32.17. Bnp Paribas Invest Prtnrs holds 0.06% or 274,453 shares. This represents a $0.32 annualized dividend and a yield of 1.19%. The ex-dividend date of this dividend was Monday, February 13th. Read More

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Renault faces fresh allegations of emissions test cheating

Renault faces fresh allegations of emissions test cheating

At the time, Renault said its vehicles "are compliant with the applicable standards". The automaker defended itself by promising its "vehicles are not equipped with cheating software affecting anti-pollution systems". An issue with emissions filtration at particular temperatures led to a European recall for 15,000 diesel-powered Capturs in January a year ago. This article alleges to quote selected excerpts from a report drafted by the DGCCRF. Read More

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Crude Oil Selloff May Resume on OPEC Report, API Data

Oil prices traded within a tight band for the first two months of the year, as Opec and big producers such as Russian Federation curbed supplies as part of the production cut deal. At 3.006 billion barrels, they're 10%, or 278 million barrels, above their five-year average. Their production in February was 1.39 million barrels a day lower than the so-called reference level, a compliance rate of 111 percent. Read More

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Dicks Sporting Goods Inc (DKS) Stock Rating Upgraded by Wolfe Research

Dicks Sporting Goods Inc (DKS) Stock Rating Upgraded by Wolfe Research

The stock, after opening at $48.84, closed at $47.29 by scoring -3.17%. The company has recorded a 50-day moving average of $50.74 and a 200-day moving average of $55.67. NY now owns 86,821 shares of the sporting goods retailer's stock worth $3,912,000 after buying an additional 2,221 shares in the last quarter. Advisory Services Network LLC raised its position in Dicks Sporting Goods by 7.0% in the third quarter. Read More

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US Fed raises rates on inflation and labour market data

US Fed raises rates on inflation and labour market data

The Federal Reserve, which has struggled to stoke inflation since the financial crisis and up until now raised rates less frequently than it and markets expected, may be about to hit the accelerator on rate hikes. The critical change, says PNC economist Gus Faucher, is that the Fed's previous statement had promised "only gradual increases". While the latter showed only a slight 0.1-percent rise for February in data released earlier on Wednesday, the index' 12-month reading came in at 0.6 ... Read More

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What the Federal Reserve Interest Rate Hike Means for You

What the Federal Reserve Interest Rate Hike Means for You

Minneapolis Fed President Neel Kashkari was the only official to dissent in Wednesday's decision, saying he preferred to leave rates unchanged. But the expectation of a gradual pace to additional rate hikes weighed on the dollar. The unemployment rate was 4.7% in February after another strong month of labor market growth in which the economy added 235,000 net new jobs. In 2013, then-Chairman Ben Bernanke sent markets into a panic merely by mentioning that the Fed was contemplating ... Read More

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Britain's foreign minister meets new Somali president on surprise visit

Britain's foreign minister meets new Somali president on surprise visit

Drought threatens millions of people in the Horn of Africa nation, which recently declared a national disaster amid warnings of a full-blown starvation. "But we need those huge funds now". He said close to one million children under the age of five would be acutely malnourished this year. In February, the United Nations formally declared a starvation in parts of South Sudan - the first time in six years such an announcement has been made. Read More

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Wall St higher as oil recovers; Fed in focus

The Dow Jones Industrial Average ended Monday 21.50 points down, or -0.10%, to finish at 20,881.48; while the Nasdaq saw a rise of 0.24% or 14.05 points to end at 5,875.78. "It will be read as an implicit endorsement of current valuations, which many consider quite high", said Nicholas Colas, chief market strategist at Convergex, a global brokerage company based in NY. Read More

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Netherlands stems populist wave as voters turn out in their masses

Netherlands stems populist wave as voters turn out in their masses

Rutte's party lost a quarter of its seats, and its current coalition partner, the Labour Party, dropped from 38 seats to a new low of nine seats. The Dutch election, widely seen as a bellwether for upcoming votes across Europe, was never just about whether far-right politician Geert Wilders would win the most votes, because unlike in the United States and Britain, the Netherlands is not a winner-takes-all system. Read More

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IISc Bangalore ranked 27th best Asian University: Times Higher Education Ranking 2017

IISc Bangalore ranked 27th best Asian University: Times Higher Education Ranking 2017

The full results of the Times Higher Education Asia University Rankings are available at http://www.timeshighereducation.com/world-university-rankings/2017/regional-ranking. In 2016, it had only two universities in the list, while it has seven this year. "This is largely due to the Chinese universities receiving much higher scores for their teaching and research, environments", he informed. Read More

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Cancellations soar past 5700, stretch into Wednesday — Blizzard

Cancellations soar past 5700, stretch into Wednesday — Blizzard

On Tuesday morning, the National Weather Service issued a wind advisory for New York City , saying it expects sustained winds between 25 and 35 miles per hour and gusts up to 55 miles per hour. One airline - Southwest - expected to ground almost all of its flights in the Northeast on Tuesday. Nearly all the flights in and out of Manchester-Boston Regional Airport have been canceled. Read More

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Will the Fed Hike Rates at March Meeting?

However, the Fed's policy-setting committee did not reveal any plan to step up the pace of monetary tightening, even though the post meeting statement did signal that inflation had risen in recent months. "The Committee is maintaining its existing policy of reinvesting principal payments from its holdings of agency debt and agency mortgage-backed securities in agency mortgage-backed securities and of rolling over maturing Treasury securities at auction, and it anticipates doing so until ... Read More

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21st Century Fox's £11.7bn bid for Sky facing competition probe

21st Century Fox's £11.7bn bid for Sky facing competition probe

Bradley told MPs in the House of Commons she had concerns over competition and broadcasting standards about the deal. Murdoch critics have called for the bid to be blocked while rival broadcasters are expected to lodge complaints and make representations in the United Kingdom and Europe - the European commission is also examining the deal - after expressing concerns that a Fox/Sky combination will dominate bidding for top-flight sport, TV shows and movies. Read More

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Stephen Colbert accuses scrambling Paul Ryan of 'folding like a Trump casino'

Stephen Colbert accuses scrambling Paul Ryan of 'folding like a Trump casino'

House Speaker Paul Ryan speaks at a news conference following a GOP party conference at the Capitol. That fully describes Ryan and TrumPutin's relationship since the president took office. Mike Lee and Sarah Palin lambasting "Ryancare" and supporting Trump. This is also not really shocking, considering the fact that Bannon reportedly gave explicit orders to his staff to "destroy Speaker Ryan" while he was running the website. Read More

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Physicians Realty Trust (NYSE:DOC) hit its 52 Week high of $19.75…

Physicians Realty Trust (NYSE:DOC) hit its 52 Week high of $19.75…

In most recent quarter, LT Debt/Equity ratio was listed at 0.57 and Total Debt/Equity ratio was noted at 0.57. Despite the past success, investors want to know where the stock is headed from here. The Return on Investment ( ROI ) is at 3.5% while it's Return on Equity ( ROE ) value stands at -1.6%. Average Revenue Estimate of the company for the current Fiscal Quarter is $381.16 Million, according to consensus of 7 analysts. Read More

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Fed Rate Hike Leads to Market Gains Across the Board

But the Fed said it anticipated future "gradual increases", as the country's economic activity and labor market improve steadily, and inflation eventually stabilizes around a target of 2 percent. Spot gold rose 0.3 percent to United States dollars 1,222.20 per ounce, the highest since March 7, at 0028 GMT. The large-cap S&P 500 Index rose 0.8% to close at 2,385.26, more than reversing the previous day's decline. Read More

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