Money

Tusk reiterates no punitive approach to Brexit

Mr Tusk's draft negotiating guidelines add that the other 27 countries are ready for a transitional deal after Britain's exit in 2019, but that any such arrangement must be under strict European Union rules. One of Britain's priorities during Brexit talks is guaranteeing the rights of EU citizens working in the United Kingdom and those of United Kingdom citizens working in the European Union, Iain Lindsay told public television later on Thursday. Read More

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Exelixis, Inc. (EXEL) closed its previous trading session at $21.37

Exelixis, Inc. (EXEL) closed its previous trading session at $21.37

The Average Volume (3 months) is 5.25 Million. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink . Exelixis, Inc . giving the company a " rating. The stock has gained consensus mean rating of Overweight based on the analysis of brokerage analyst firms polled. The company is expected to report earnings of $-0.02 a share for the next quarter. Read More

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S&P, Dow open slightly lower; Nasdaq flat

In economic news, consumer confidence in the US unexpectedly improved in the month of March, according to a report released by the Conference Board on Tuesday. The Dow Jones Transport Average, seen by some as a barometer of the economy, gained 1.8 percent for its second-best day of the year. General Motors Co. Read More

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European Union draft guidelines soften line on future United Kingdom relationship

In her letter to Tusk formally giving notice to leave on Wednesday, May on several occasions said the talks on a new trade deal could happen while the exit negotiations happened. After receiving the letter, Tusk said about the British "we already miss you " while also finding something positive in Brexit . Once the first phase is cleared, the next phase of negotiations is set to scope out an understanding of a framework for the future UK-EU relationship. Read More

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Wall Street's Fearless Girl statue to stay put for now

Oh, the plaque also has the company's name - the world's third-largest asset manager, which (to be fair) says it will use its market power ($2.5 trillion in holdings) to push for more women on corporate boards. Later that day, the mayor's Twitter account announced "our future rests in the hands of fearless girls ", with a photo of the statue and a group of admirers. Read More

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China official manufacturing, services PMI rises in March

China official manufacturing, services PMI rises in March

The country's manufacturing purchasing managers' index (PMI) came in at 51.8 in March, higher than 51.6 recorded in February, according to NBS data. Activity in China's steel industry expanded at a slower pace in March even as mills continued to ramp up output, sparking worries of oversupply in the world's top producer of the metal, an industry survey showed on Friday. Read More

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Annual Sunshine List is out

Annual Sunshine List is out

Smith calls Ontario's system broken, allowing for millionaire executives to take in massive pay hikes. This year there are 123,410 workers on the list, up from 115,431 last year, earning salaries and benefits that total almost $16 billion. Read More

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Toshiba's United States nuclear unit files for bankruptcy protection

Toshiba's United States nuclear unit files for bankruptcy protection

Westinghouse's decision to seek Chapter 11 bankruptcy protection could lead to future rate hikes for SCE&G customers in Aiken County and elsewhere in SC, who are already paying more this spring due to an unusually warm winter. Toshiba has said it would try to sell Westinghouse , once lauded as the future of its atomic business after the 2011 Fukushima disaster sidelined new orders in Japan. Read More

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Oil prices drop on rise in USA drilling

The Organization of Petroleum Exporting Countries and other producers including Russian Federation agreed to reduce output by 1.8 million barrels a day in the first half of 2017 to rebalance the market. An historic agreement between OPEC countries and other oil producers to reduce their output won't be enough to nudge crude prices above $60 a barrel this year, according to energy lender Arab Petroleum Investment Corp. Read More

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Money Briefs: Westinghouse files for bankruptcy in US

Money Briefs: Westinghouse files for bankruptcy in US

Westinghouse said in its filing that it bankruptcy would "isolate them from the one specific area of their businesses that is losing money: their construction of nuclear power plants in Georgia and SC". For years, Toshiba has been stained by accounting scandals in what Satoshi Ogasawara, who has written a book about the conglomerate systematically falsifying financial results, called "a dubious corporate culture". Read More

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787-10 Takes First Flight

Separately, said Boeing, introducing the 787-10 in North Charleston takes advantage of that facility's considerable capacity while allowing the Everett facility to continue improving productivity on the 787-8 and 787-9. It is a simple stretch of the Dreamliner's best-selling 787-9 model, and the two airplanes have 95 percent commonality. "And it performed exactly as we thought it would". Read More

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Take A Wild Ride on The Oil Price Roller Coaster

The question remains whether OPEC, whose committee monitoring the cuts will meet over the weekend in Kuwait, will extend the deal? In a surprise move on Sunday, a joint committee of ministers from OPEC and non-OPEC producing countries chose to examine the possibility of extending production cuts in the second half of 2017. Read More

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High Heels For Babies

High Heels For Babies

According to Holbrook, the next Pee Wee Pumps design will be a Louboutin spinoff. The shoes, which have collapsible heels and pointed toes, are available for infants up to six months old, the British broadcaster reported . The shoes, which retail for $10, come in a variety of colors (including leopard and zebra print) and cutesy names, like "Diva" or "Pretty in Pink". Read More

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Venezuela's court move breaks law, Maduro ally says

The Supreme Court had ruled in January that the assembly was in contempt of the constitution, citing its failure to remove three lawmakers who were temporarily suspended for alleged voting irregularities. Opposition leaders said Wednesday's ruling was Maduro's way of clearing the way for corrupt contracts, deepening the national debt, and holding off state elections that were due in December. Read More

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(CY) Coverage Initiated by Analysts at KeyCorp

(CY) Coverage Initiated by Analysts at KeyCorp

While we were disappointed that there was no positive pre-announcement for Q1 2017, we continue to believe the quarter is tracking towards the higher-end of the guidance range and in-line with our above Street estimates . Equities analysts expect that Cypress Semiconductor will post $0.67 EPS for the current fiscal year. RidgeWorth Capital Management LLC now owns 8,241,200 shares of the company's stock worth $95,186,000 after buying an additional 609,500 shares during the last quarter. Read More

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DuPont, Dow push back their merger date

DuPont, Dow push back their merger date

The expected closing date for the proposed $130 billion merger between DuPont (NYSE: DD) and The Dow Chemical Co. DuPont's N&H business is a leader in the food ingredients industry, using renewably sourced raw materials to create a wide range of ingredients that food manufacturers use to provide safer, healthier, more affordable and nutritious food and beverages for consumers. Read More

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Wall St rises, aided by US growth data; Nasdaq ends at record

The S&P 500 backed off 0.2% and the Nasdaq gave up its earlier gains to close flat. The S&P 500 posted 20 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 99 new highs and 19 new lows. marketwatch .com/story/akari-pharma-up-13-after-fda-puts-one-of-its-treatments-on-fast-track-2017-03-30). Shares of Lululemon Athletica LULU.O fell 18.8 percent to $53.84 in premarket trading after the Canadian yoga and leisure apparel retailer said first-quarter comparable sales ... Read More

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Implosion of American Health Care Act shows need for campaign finance reform

Greg Walden, who chaired the House committee that produced the Republican bill that failed in Congress, and Sen. Republicans generally don't fall in lockstep the same way Democrats do, or with the same frequency; there are great ideological divisions within the newly empowered party, and leadership is tasked with building coalitions within its own camp before it can even begin to approach an increasingly hardline Democrat Party. Read More

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WMT Makes Bullish Cross Above Critical Moving Average

BKS Advisors LLC purchased a new stake in shares of Wal-Mart Stores during the third quarter valued at about $110,000. The stock traded at a volume of 751.13 thousand shares. TRADEMARK VIOLATION WARNING: This report was reported by Community Financial News and is the property of of Community Financial News. Finally, TLP Group LLC acquired a new stake in shares of Wal-Mart Stores during the third quarter valued at $128,000. Read More

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Judge approves Trump University settlement

Judge approves Trump University settlement

Judge Gonzalo P. Curiel considered a challenge from a plaintiff before approving the settlement. The judge ultimately denied Simpson's objection in his Friday order. But his political opponents seized on the allegations, and angry former students spoke out, painting Trump as a huckster, willing to rip off ordinary people in the name of personal profits. Read More

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As GOP schism grows, Trump attacks fellow Republicans

Freedom Caucus members say they're in the beginning stages of considering how they'll approach the coming tax debate - figuring out what, if any, concessions they might demand. And when the White House was still trying to win hardliners, Bannon apparently believed he could dictate terms to the Freedom Caucus. Trump and the Freedom Caucus want to dramatically shrink domestic programs. Read More

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