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Bank of Montreal earnings rise on wealth management strength

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The stock of Bank of Montreal (USA) (NYSE:BMO) earned "Neutral" rating by Bank of America on Tuesday, November 1. Finally, Signature Estate & Investment Advisors LLC acquired a new position in shares of Bank of Montreal during the first quarter valued at about $150,000. Read More »

'Dangal' is highest-earning non-Hollywood movie in China

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With such a humungous contribution from China, Dangal has crossed the 1500 crore mark at the global box office already. Its worldwide collections in gross, excluding China and Japan, where the film is scheduled to open its cash counters next month, stands at a whopping Rs.1,550 crore. Read More »

Trump administration presents budget proposal

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The Trump administration on Tuesday unveiled its first full budget that would cut 3.6 trillion US dollars in government spending over the next 10 years to balance the federal budget. In agriculture, it would limit subsidies to farmers, including for purchasing crop insurance, an idea already attacked by farm state lawmakers. The National Science Foundation would experience an 11 percent cut to its budget. Read More »

United States fresh produce firms call for "modernised" NAFTA

During his presidential election campaign, Trump threatened to withdraw the United States from the above mentioned treaty, in force with Mexico and Canada since 1994, if it does not obtain major benefits for the US. "As a starting point for negotiations, we should build on what has worked in NAFTA and change and improve what has not", Lighthizer said. Mexico would also likely oppose efforts to compensate USA producers for Mexico's value-added tax, which refunds taxes charged on inputs used ... Read More »

After Saudi arms deal, defense shares fly

The Trump administration said deals signed this weekend during the president's visit to Riyadh could be worth $110 billion. The agreement clears the way for the sale of Patriot and Terminal High Altitude Area Defense ( THAAD ) anti-missile technologies, providing Riyadh with state-of-the-art capabilities that could thwart an Iranian rocket. Read More »

Trump Seemingly Applies Carrot and Stick over Sanctions for Iran

Critics in Iran have complained that the deal has not produced sufficient economic benefits, and critics in the United States say it rewarded Iran without long-term guarantees to prevent Tehran from securing nuclear weapons. "The deal won't go anywhere next week", said Suzanne Maloney, an Iran analyst at the Brookings Institution. Former President Barack Obama's administration renewed a series of waivers to US sanctions on Iran in mid-January 2017, just before he left office. Read More »

Trump goes on Iran-bashing tour

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The Saudis wisely pandered to the new president's foibles, rolling out the red carpet for a lavish celebration . The rhetorical error could have potentially derailed Trump's overall message. Yet most of the proposed sanctions would likely be more symbolic than practical. And while applying sanctions to the IRGC could impose economic costs on the Iranian economy, it carries substantial risks . Read More »

France's Macron hosts Italy's Gentiloni ahead of G7 meeting

French President Emmanuel Macron will host President Vladimir Putin of Russian Federation in Versailles next Monday, their first meeting after Macron pledged during his election campaign to deal firmly with Russian Federation while also seeking to work with Putin against the Islamic State group. Read More »

'We can use peace': Trump and Pope Francis meet

Laughing, the First Lady did not dispute the Holy See's assessment and replied, "Potica". Part of Trump's motivation for meeting the Pope was to dramatise how the three major religions should rally against the threat from Islamist militants. Read More »

Dollar hits three-week low below ¥111

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But the retreat in the dollar , which has now given up all the gains it made following Trump's presidential election win in November, and a pull-back from record highs for world stocks underscores investor unease about this week's headlines. Read More »

Iraq agrees to nine-month extension of OPEC production cut: minister

The White House plan to sell off half of the nation's 688 million-barrel oil stockpile from 2018 to 2027 aims to raise $16.5 billion and help balance the budget. Brent crude settled up 28 cents at $54.15 per barrel. Last December, OPEC , Russia and other major producers agreed to curb production by 1.8 million barrels per day (bpd) for six months from January 1 to support the market and push prices to $60 per barrel. Read More »

Judge Tells Sean Fitzpatrick: 'You Are Free To Go'

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Lasting 126 days, the trial was the longest running criminal trial in the history of the state. He said the witnesses had been coached and there was evidence of cross-contamination. "If any of you have been reading the newspapers or the internet contrary to my admonitions I can forgive you in that regard", he said. He said that the investigation into the accused was not sufficiently unbiased, impartial and balanced. Read More »

Brokerage Overview of: Delta Air Lines, Inc. (DAL)

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Exane Derivatives reduced its position in Delta Air Lines, Inc . At recent closing price of $47.33, CIT has a chance to give up $-0.08 or -0.17% in 52 weeks, based on mean target price ($47.25) placed by analysts.The analyst consensus opinion of 2.4 looks like a hold. Read More »

Rouhani dismisses Trump warning over Iran 'threat'

Government and journalistic circles underlined that at the last of three summits in Riyadh (the first bilateral summit with King Salman bin Abdulaziz and the second one with six leaders of the Gulf Cooperation Council, GCC), the US president favored a better common future. Read More »

Trump affirms peace is "possible" between Israel and Palestinians

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Asked by Sen. Kirsten GillibrandKirsten GillibrandDem senator: "One of our closest allies" expressed concern about intelligence sharing Intel chief quiet on whether Trump asked him to deny Russian Federation evidence Gillibrand on Trump: "We should look into obstruction of justice" MORE (D-N.Y.) whether Trump's disclosure could harm intelligence-sharing relationships, Coats said he has "not seen any evidence of that". Read More »

WHO assembly set to choose next chief among 3 candidates

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Despite the many challenges faced by the health ministry in terms of poverty, poor infrastructure, and a declining global economic situation, progress in health indicators was considered "impressive" in Ethiopia . Nishtar was among three candidates vying to replace outgoing chief Dr. Margaret Chan . With his election today, Tedros became the first director-general to be selected by member countries. Read More »

Trump's food stamp cuts face hard sell in Congress

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They say that the programs with the biggest cuts provide assistance for health care services for children, the poor and disabled, and that supplement food and housing for those with low incomes. "We call on our fellow citizens to join us to ensure our nation keeps a firm commitment to helping people with physical and mental challenges, kids and seniors as well as hardworking families and recommit to the belief that no one in this great country should go hungry". Read More »

Pleasant Surprise at President Trump's Speech on Islam

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Trump all but promised he would not publicly admonish Mideast rulers for human rights violations and oppressive reigns. "Instead, we are here to offer partnership - based on shared interests and values - to pursue a better future for us all", Trump said . Read More »

Secretary Price Congratulates New WHO Director-General, Dr. Tedros Adhanom Ghebreyesus

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In his final pitch for why he should lead the WHO, Tedros emphasized his experience as Ethiopia's health minister, overseeing the expansion of basic health services across the country. Health officials from more than 180 countries have elected a new leader for the World Health Organization. Frieden wrote a letter published in the New York Times last week that commended Tedros for his creation of a network of 40,000 female health workers that implemented programs to save people from dying of ... Read More »

College student killed in arena bombing

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Friends and classmates of the teenager, a devoted Ariana Grande superfan, have flooded social media sites with messages of sympathy to express their shock and grief at her death. "Saffie was simply a handsome little girl in every aspect of the word". The second victim to be named was Saffie Rose Roussos, who was just 8. "Our deepest sympathies, thoughts and prayers go out to all of Georgina's family, friends, and all of those affected by this loss", the college said. Read More »

Iranian oil minister heading to Vienna for OPEC meeting

Thirteen members of the Organization of Petroleum Exporting Countries and eleven other producers committed last year to erase 1.8 million barrels in daily oil output in the first half of this year. "I am optimistic as usual and we are looking forward to a good meeting [on Thursday], the deal has been working and the compliance has been great so far", Mazrouei told reporters in Vienna , asked about his expectations for the next ordinary meeting of OPEC on May 25. Read More »

Merkel, Macron agree to strengthen eurozone after first meeting

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Other member nations may be nervous at Mrs Merkel's agreement to Mr Macron's call for a joint "road map" on the future of the European Union , although reviving the Franco-German engine is a traditional pledge of incoming presidents and few concrete areas of agreement were clarified. Read More »

James P. Hackett to take over CEO position of Ford Motor Co

Reporting to executive chairman Bill Ford , Hackett will lead Ford's worldwide operations and 202,000 employees globally. That's a contrast to Fields, who had 20 direct reports and was a product of Ford's bureaucratic culture. The traditional business was performing well for Ford , and Fields presided over record yearly profits and booming sales. Ford , the great-grandson of company founder Henry Ford , said he expects the 62-year-old Hackett to be in the job "for a good, long time". Read More »

Trump Asks Muslim Nations To Help Wipe Out Extremism

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The move could be seen as hypocritical by the first daughter, as women in Saudi Arabia have severely limited rights - it is illegal for them to drive, for example - and President Trump criticized Hillary Clinton for taking money from the Saudis as a candidate. Read More »

Advocates slam Trump plan to reduce aid for college students

Critics say the plans contradict Trump's campaign vows to make college more affordable at time when student debt is ballooning. When he accepted the Republican presidential nomination previous year, Trump had said , "We're going to work with all of our students who are drowning in debt to take the pressure off these people just starting out in their adult lives". Read More »

Donald Trump acknowledges India as 'victim of terrorism' at Riyadh summit

The plan he outlined in Riyadh included enlisting Muslim countries to deny Islamic extremists territory or safe havens and cut off funding streams to extremists groups. The speech in the Saudi capital was meant as a reset from the harsher tone and policies Trump adopted as a candidate and in the early days of his presidency. Read More »

Holly Energy Partners, L.P. (HEP) Announces Earnings Results

It has underperformed by 36.98% the S&P500. Energy Transfer, LP, formerly Energy Transfer Partners, L.P. (ETP), is engaged in the gathering and processing, compression, treating and transportation of natural gas, focusing on providing midstream services in various natural gas producing regions in the United States, including the Eagle Ford, Haynesville, Barnett, Fayetteville, Marcellus, and Bone Spring. Read More »

CFO of Soup Nazi-inspired company indicted on tax charges

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According to prosecutors, Bertrand's actions cheated the government out of $590,000 in taxes. The government says Bertrand paid Soupman employees unreported cash on the side and gave some workers large unreported stock awards. Bertrand, is scheduled to appear in court Tuesday afternoon. Bertrand faces a maximum five years in prison. Yeganeh is not an executive of the company, but receives licensing fees from it, owns an interest in its franchising business and is listed on the "Our Team" ... Read More »

Berkshire Bank to buy out Commerce Bank, bolster Eastern Mass presence

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The stock has a consensus rating of "Hold" and a consensus price target of $35.80. Parametric Associates Limited Liability Corp stated it has 0% in Berkshire Hills Bancorp, Inc. The company had revenue of $101.64 million for the quarter, compared to analysts' expectations of $95.90 million. The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 25th. Read More »

Iraq says achieved OPEC oil cut share, ready to meet new demand

After leaving a meeting with the Saudis Algerian oil minister Noureddine Boutarfa said global producers were focusing on a nine month extension. Both benchmarks climbed for an eighth time in the last nine trading days, putting the contracts up about 16 percent from five-month lows hit earlier this month. Read More »

Taiwan court rules in favour of same sex marriage

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A court in Taipei ruled in favor of allowing gay marriage on Wednesday, paving the way for Taiwan to become the first country in Asia to legalize same-sex unions and cementing its status as a beacon for LGBT rights. The decision is binding, so a ruling in his favour would pave the way for same-sex unions to be legalised. The ruling is likely to reverberate around the region, with calls for marriage equality rising in a number of countries, including South Korea and Japan. Read More »