Thursday, 18 July 2019
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In Saudi Arabia, Trump Touches Glowing Orb and Unleashes Memes


And on the eve of Trump's visit, an Israeli official said Netanyahu's cabinet has approved confidence building measures with the Palestinians, including allowing building in a West Bank area. His first stop was a meeting in Jerusalem with Israeli President Reuven Rivlin. Trump was joined by first lady Melania Trump , son-in-law Jared Kushner and daughter Ivanka Trump . Read More »

Clouds in form of Opec hangs over crude oil

By 1150 GMT, Brent crude (LCOc1) had fallen 1.3 percent to around $53 per barrel as market bulls were disappointed OPEC would not deepen the cuts or extend them by as long as 12 months. Should that be the case, some 1.2 million in oil demand is about to be eliminated overnight, forcing OPEC to quickly sit down again and hammer another, far deeper production cut. Read More »

Nigeria says it is not opposed to joining OPEC cuts


OPEC and non-member oil producers could deepen output cuts or extend them for a year at a meeting in Vienna this week, Kuwait said on Wednesday, as they seek to clear a global stocks overhang and prop up the price of crude. "Russia has an upcoming election and Saudis have the Aramco share listing next year so they will indeed do whatever it takes to support oil prices", said Gary Ross, head of global oil at PIRA Energy, a unit of S&P Global Platts. Read More »

Non-OPEC producers join OPEC in extending oil output cut: delegates

Iran boosted output by about 800,000 barrels a day previous year, according to the U.S. Energy Information Administration, recouping some of the sales it lost to rivals while shackled by sanctions. That deal gave the Islamic Republic room to increase output to a maximum of 3.797-million barrels a day. "The Iranians clearly have big ambitions for their oil industry, but they've made slow progress", said Richard Mallinson, an analyst at Energy Aspects in London. Read More »

Royal Bank of Canada's quarterly earnings beat market forecasts

Want to see what other hedge funds are holding RY? FMR LLC increased its stake in Royal Bank of Canada by 6.8% in the fourth quarter. Aviva Public Limited Company has 91,876 shares. Royal Bank of Canada had a net margin of 22.15% and a return on equity of 16.21%. Royal Bank of Canada , together with its subsidiaries, operates as a diversified financial service company worldwide and has a market cap of $100.50 Billion. Read More »

Pres. Trump Tells PM Netanyahu He Did Not Mention Israel to Russians


Security will be tight for President Trump's journey to Bethlehem, a 20-minute drive from Jerusalem but located across Israel's controversial separation wall. This is published unedited from the IANS feed . He said earlier "there's a great feeling for peace throughout the Middle East", and suggested a potential warming by other countries toward Israel could be one "benefit" to the long-running tensions over Iran. Read More »

Williams Sonoma Q1 Sales Gain, Comps Flat


William Blair cut Williams-Sonoma from an "outperform" rating to a "market perform" rating in a research report on Thursday, March 16th. Robert W. Baird maintained Williams-Sonoma, Inc. The Kentucky-based Central National Bank & Trust And Trust has invested 0% in Williams-Sonoma, Inc. This represents a $1.56 annualized dividend and a yield of 3.14%. Read More »

Korea fires warning shots at North balloons

Lee Sun-jin, Gen. Joseph Dunford and Adm. Katustoshi Kawano discussed substantial cooperation to counter the nuclear and missile threats from the North, according to the JCS here. He also described North Korea as a "fully-fledged nuclear power". Concern is growing in the United States after North Korea claimed the Hwasong-12 could strike USA assets in Hawaii and Alaska. Read More »

Outcome of Trump's Middle East trip remains a mystery


In contrast, Husam Zomlot, Palestinian ambassador to the United States and a key Abbas ally, said he did not see Trump's comments as a USA policy shift. The last talks between the Israelis and Palestinians, led by former USA secretary of state John Kerry, broke down in April 2014 after around a year of largely fruitless discussion. Read More »

12% GST will boost real estate sector: NAREDCO


NAREDCO Chairman Rajeev Talwar told the media here on Wednesday, "The heavily taxed real estate sector welcomes a single stable 12 per cent GST rate, inclusive of the value of land and with full input tax credits". According to Sarath Babu, president of AIAMA, the value-added tax and excise on agarbathis in most states is now zero per cent with some states levying a five per cent sales tax on it. Read More »

Melania Trump dodges Donald's attempt to hold her hand ... again


On Tuesday, during an interview on Fox News's " Fox & Friends ", Dershowitz called Trump's trip "terrific" and claimed: "The president is saying and doing all the right things". Trump's two-day visit came immediately before the Israeli holiday of Jerusalem Day, which this year marks the 50th anniversary of Israel's reunification of the holy city during the Six-Day War. Read More »

Trump supports NATO's collective defence clause - senior official

Welcomed by Belgian Prime Minister Charles Michel at his Brussels residence, Macron promoted what he calls his "protection agenda" for Europe, which he said must include measures to protect workers from the effects of globalisation but also to beef up cooperation to prevent further attacks. Read More »

Pope urges Trump to be global peacemaker

But that was largely forgotten - or at least ignored - when Mr Trump swept up to St Peter's Square in a 50-car motorcade, to be met by Swiss Guards in traditional harlequin uniform. It seemed the pope then guessed "potica?" - a Slovenian cake. In one of the lighter moments of his meeting with the USA president at the Vatican on Wednesday, Francis made an apparent allusion to Trump's imposing physical size. Read More »

China just got its first credit downgrade since 1989

It added: "With the pushing of the country's supply-side reform and the control over government liabilities, alongside a medium and high-level growth of our GDP to provide fundamental support to guard local government debt risks, the risk level of government debt profile won't significantly change in 2018 to 2020 compared to the year 2016". Read More »

Trump boasts to Russians of firing Comey

It is widely reported that this person is Trump's son-in-law and close adviser Jared Kushner. Trump has called the investigation of his presidential campaign's ties with Russian Federation a "witch hunt". Rosenstein denied media reports from last week that Comey had asked him for additional resources for his investigation before Trump fired him. A third government official briefed on the meeting defended the president, saying Mr. Read More »

In Jerusalem, Trump says Iran must stop backing 'terrorists' immediately


In his address to the Arab-Islamic American Summit in Riyadh , Mr Trump vowed to "strengthen America's oldest friendships, and to seek new partners in pursuit of peace". White House national security adviser HR McMaster seem to confirm he would not use the phrase ahead of the visit. "And, in fact, these enemies of all civilisations, what they want to do is to cloak their criminal behaviour under this fall idea of some kind of religious war", he said. Read More »

Police Chase Man in RV With Kids Inside After Shooting


He says a short time later the man fatally shot himself and the RV was consumed by flames, leading to the closure of Interstate 30. The RV continued west on I-30 through Rockwall and Dallas counties during the next 30 minutes as multiple police departments joined the pursuit. Read More »

Lowe's weak quarter stands in contrast to rival Home Depot


Home Depot is now a Zacks Rank #3 (Hold), yet the company earned an A growth grade in our Style Scores system. Doliver Capital Advisors Inc. owns 26,259 shares or 0.29% of their USA portfolio. Lowe's said it expects to add about 35 home improvement and hardware stores this year. The company has market cap of $215.94 million. The Company operates approximately 1,860 home improvement and hardware stores, representing approximately 200 million square feet of retail selling space. Read More »

Schlumberger Limited. (SLB) Shares Bought by Private Wealth Partners LLC

The stock presently has a consensus rating of "Buy" and a consensus price target of $94.00. Howard Weil maintained the stock with "Focus Stock" rating in Monday, October 19 report. It also reduced its holding in Alphabet Inc by 9,802 shares in the quarter, leaving it with 731,674 shares, and cut its stake in Blackstone Mtg Tr Inc (NYSE:BXMT). Read More »

Dollar Tree, Inc. (NASDAQ:DLTR) Shares on the Go mid-Session


The institutional investor owned 50,644 shares of the company's stock after selling 81,169 shares during the period. More notable recent Dollar Tree, Inc. The company has market cap of $5.84 billion. Stock has got OUTPERFORM rating from 6 analysts of Thomson Reuters, 13 analysts given HOLD rating to the stock and 0 given UNDERPERFORM rating. Read More »

Oil prices up 2% after deal to extend supply cut

James Woods, investment analyst at Rivkin Securities, said world oil supplies would probably remain plentiful, even if OPEC extended the production cuts. With a nine-month extension now the minimum expectation for the OPEC meeting, the group has a lot of work to do to persuade its members and some non-OPEC producers to back the move. Read More »

Sears reports first quarterly profit in almost two years


More notable recent Sears Holdings Corp ( NASDAQ : SHLD ) news were published by: which released: " Sears: A Terrible Risk" on May 23, 2017, also with their article: "Why Sears Holdings Corp Stock Fell 11% Last Month" published on May 02, 2017, published: " Sears Holdings Corp ( SHLD ) Leads Six Notable Investor Filings" on May 25, 2017. Read More »

Playboy model who shot nude of unwitting woman due in court


According to the Los Angeles Times , Mathers' attorney Dana Cole said in court Mathers has never known the identity of the victim, but that she's apologised to her publicly several times. The 2015 Playmate of the Year was immediately let go from her radio hosting job, and was banned from all L.A. fitness gyms. This week, the bill was approved by the state's Senate and is waiting to be approved by the state's Assembly. Read More »

Wall Street closes higher after Fed minutes


Fed policymakers also discussed at length the reasons for the first-quarter slowdown. Traders are now looking ahead to a meeting Thursday of the Opec oil cartel at which it, along with key producer Russian Federation, is expected to announce an extension of up to nine months - possibly 12 - to an output cut. Read More »

House Intel Committee Escalates Effort To Get Flynn Documents And Testimony


Representative Adam Schiff , the House intelligence committee's top Democrat, told reporters Mr Flynn declined to turn over records to the committee, and he said it will be "following up with subpoenas". In addition to the congressional scrutiny, Flynn is now a target of an FBI counterintelligence investigation, a federal probe in Virginia and a Defense Department inspector general's inquiry into the propriety of foreign payments he accepted. Read More »

Donald Trump's plan for Middles East based on shared fear of Iran


Urging Muslim leaders to do more to fight extremism , the US President said , "The nations of the Middle East can not wait for American power to crush this enemy for them". It was rather a clear conflict between good and evil, as he put it, between those who sought to obliterate human life and those who sought to protect it. Read More »

GM Faces New Suit Over VW-Like Emissions-Cheating Tech


The complaint, filed in Detroit federal court, claims the defeat devices allowed GM trucks to pass US inspections, despite emitting two to five times the legal emissions limit under regular driving conditions. Government tests don't last that long, the lawsuit says. The lawsuit seeks remedies including possible refunds or restitution for lost vehicle value, plus punitive damages. Read More »

Active Volume Stock: Kinder Morgan, Inc. (KMI)

The stock rose 0.15% or $0.03 reaching $19.4 per share. About 1.14 million shares traded. It has underperformed by 3.61% the S&P500. Arcadia Investment Management Corp increased Illinois Tool Wks Inc (ITW) stake by 4.67% reported in 2016Q4 SEC filing. Read More »

Senate Passes Petroleum Industry Governance Bill


The party urged the House of Representatives to follow suit and pass the bill into law as it will bring about reforms that would ensure greater transparency and accountability in the Nigerian oil and gas industry. The NOC will run as a commercial entity while the NPAMC will take care of regulatory duties in both upstream and downstream sub-sectors. The Senate is expected to pass two more bills to further regulate the oil and gas sector. Read More »

Mnuchin Says US Reserves Right To Be Protectionist


U.S. Secretary of the Treasury Steven Mnuchin arrives at the G7 for Financial ministers in the southern Italian city of Bari , Italy May 11, 2017. Hammond said that he was at the meeting to "ensure a fair deal for Britain out of global trade to work together with our partners here to protect British citizens from external security threats", as well as ensuring that global companies pay their fair share of taxes in Britain. Read More »

Ballinasloe to host Fine Gael regional leadership debate

Mr Kenny stood down as the party's leader at midnight, but will stay on until his successor is appointed. Minister Flanagan joins Peter Burke as local supporters of Varadkar, while Senator Gabrielle McFadden and junior minister Marcella Corcoran Kennedy are backing Simon Coveney. Read More »

OPEC likely to extend oil output cuts, but price relief elusive

The. Benefiting from a market structure known as contango, in which future oil prices are higher than those for immediate delivery, US drillers have sold future production in order to finance expanding output. The supply reductions were initially meant to last six months from January, but the slower-than-expected decline in surplus fuel inventories prompted the group to consider an extension. Read More »