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Some GOP Lawmakers Really Don't Like Trump's Proposed Budget Cuts

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Mulvaney and other White House officials claim that the budget balances "for the first time in a long time", Mulvaney said . On Capitol Hill, Trump's budget won polite praise from some Republicans, but Democrats were dismissive. John McCain, R-Arizona, called the budget "dead on arrival", and Rep. Hal Rogers, R-Kentucky, predicted that foreign aid cuts in the budget "will not stand" and called other cuts " draconian , careless and counterproductive". Read More »

Chico's FAS, Inc. (CHS) Announces Quarterly Earnings Results

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Dynamic Capital Management Ltd now owns 210,327 shares of the specialty retailer's stock worth $2,503,000 after buying an additional 34,715 shares in the last quarter. Stockholders of record on Monday, June 12th will be given a $0.0825 dividend. This represents a $0.33 annualized dividend and a dividend yield of 3.35%. Read More »

Opko Health Inc. (OPK) Rating Lowered to Sell at Zacks Investment Research

The stock was bought at an average price of $6.43 per share, with a total value of $771,600.00. Comerica Bank bought a new stake in Opko Health during the fourth quarter worth about $117,000. Opko Health Inc . (NASDAQ:OPK) have shown a low EPS growth of -7.60% in the last 5 years and has earnings growth of -153.00% yoy. (NASDAQ:OPK) now have an ABR of 1.40, number of Recs in ABR is 5 while industry rank of the company by ABR is 176 of 265. Read More »

OPEC and other nations poised to extend output cuts

The U.S. West Texas Intermediate crude July contract was at $51.05 a barrel by 4:50AM ET (08:50GMT), down 34 cents, or around 0.7%. USA crude inventory data released Wednesday by the Energy Information Administration was broadly upbeat for producers, showing the lowest overhang since December 2014. Read More »

Kim Jong-un Approves Mass Production of Successfully Launched Ballistic Missile

It says the programme is necessary to counter USA aggression. "The global agreements on sanctions against North Korea are outlined in the sanctions by the UN Security Council ". South Korea and the USA will find it harder to detect solid-fuel missile launches in advance by reconnaissance satellites because launch preparation is much shorter than for liquid fuel. Read More »

North Korea threat: U.S. official warns 'inevitable' regime develops ICBM

Seoul has repeatedly accused the North of flying suspected spy drones across the border, and both Koreas - plus anti-Pyongyang activists based in the South - send leaflets across the border tied to gas-filled balloons. Despite global calls to halt its nuclear and missile programs, Pyongyang remains obdurate, ramping up the testing cycle for its missile systems. Read More »

S&P 500 hits record high after upbeat retail results

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Crude prices fell around 5 percent despite a decision by OPEC to extend its production cut deal for nine months until March 31. "There's no clear and present danger on the horizon", said Jimmy Chang, chief investment strategist at Rockefeller & Co in NY. Read More »

Trump administration renews Iran sanctions waivers

Under the terms of the 2015 deal, the previous United States administration of president Barack Obama agreed to waive sanctions on Iran's nuclear program in return for strict controls to prevent its developing a bomb. The designation of the seven Iranian and Chinese people and companies blocks any assets they might have in the United States and bars Americans and non-Americans from doing business with them, at the risk of being blacklisted by the US. Read More »

Census: Texas has 4 of top 5 fastest growing large US cities

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Census Bureau. The bureau says Phoenix's increase of 32,113 from 2015 to 2016 was the largest one-year numerical population increase for US cities with populations of 50,000 or more. The Birmingham mayor's office sees the new Census estimates as a positive for the city compared to years' past. Huntington remains West Virginia's second-largest city. Read More »

Shares on the Move Lower: Marathon Oil Corporation (NYSE:MRO)

It has underperformed by 3.04% the S&P500. Nuveen Asset Management Llc decreased Marathon Pete Corp (MPC) stake by 47.23% reported in 2016Q4 SEC filing. Whittier Trust reported 440,218 shares. State Of Tennessee Treasury Department stated it has 0.18% of its portfolio in Anadarko Petroleum Corporation (NYSE:APC). Read More »

World stocks hit record after US Fed minutes

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The Federal Reserve's minutes for its May meeting reflected similar concerns expressed in its statement released in early May, when the US central bank kept its benchmark rate unchanged, highlighting a slowdown in economic activity. The euro was up less than 0.1 percent at $1.1192 EUR=EBS, having scaled a 6-1/2-month high of $1.1268 on Tuesday. Fed policymakers also discussed at length the reasons for the first-quarter slowdown and why a measure of underlying price gains also fell ... Read More »

Trump Focuses On Impact Of Terrorism During Speech In Saudi Arabia

The first daughter accompanied the president on his inaugural mission overseas as president, the initial stop of which was Saudi Arabia , where he and his family were warmly received. "But we need two willing parties", he continued. Trump's "unfounded claims " are in line with spreading Iranophobia to motivate the regional countries buy more USA arms, the spokesman noted . Read More »

Crude rebounds ahead of OPEC meeting conclusion

Investors seemed to focus on that reality on Thursday, when they pushed the price of crude to levels seen before OPEC's meeting in November. Equatorial Guinea has been accepted as a new member of the Organization of the Petroleum Exporting Countries (OPEC), according to the Minister of Energy, Industry and Mineral Resources of Saudi Arabia Khalid Al-Falih. Read More »

Off-Duty Police Officer Among Dead in UK Blast

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Since the incident, police have been conducting raids and arrests across Manchester , with authorities confirming Wednesday that they were actively seeking the maker of the bomb. Abrini visited Manchester in 2015. A photo of Abedi was also released. Rudd said Britain's increased official threat level will remain at "critical" as the investigation proceeds and won't be lowered until security services are convinced there is no active plot in place. Read More »

Trump Asked Comey When Feds Would Say He Wasn't Under Investigation

But lawyers in the White House counsel's office have consulted experts in impeachment during the past week and have begun collecting information on how such proceedings would work, a person briefed on the matter told CNN . It could have been all of those things, a combination of some of them or none of them. When news broke this week of the Comey memo on Trump's alleged interference in the Flynn investigation, Fox News commentator Charles Krauthammer said he found it "really stunning that ... Read More »

U.S. increases military aid to Israel in the wake of Trump's visit

Trump is the only American president who makes a Muslim majority nation and Israel his first overseas trip, which indicates his policy of forming a new Middle East coalition by easing conflicts between Israel and the Arab world so as to rally against Iran's influence in Syria, Yemen, Iraq and Lebanon. Read More »

Tillerson: Trump Pressuring Israel, Palestinians

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I intend to do everything I can to help them achieve that goal. Speaking alongside Trump in Bethlehem earlier on Tuesday, Palestinian Authority President Mahmoud Abbas said the fundamental problem for the Palestinians is with the Israeli occupation and settlements and Israel's failure to recognize Palestine. Read More »

NEXT plc (NXT) Rating Increased to Buy at Investec

Capstone Asset Mgmt reported 9,810 shares stake. Monsanto Co New (Put) now has $50.93 billion valuation. The stock decreased 1.52% or GBX 4.52 on May 23, reaching GBX 291.98. The Company's services and products include iPhone, iPad, Mac, iPod, Apple TV, a portfolio of consumer and professional software applications, the iOS and OS X operating systems, iCloud, and a variety of accessory, service and support offerings. Read More »

Trump wraps up Israel and West Bank visit, heads to Europe

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He stressed that the Palestinian-Israeli conflict was not between religions. Having insisted that he was capable of striking the "ultimate deal" for peace between Palestinians and Israelis, Trump made no mention of a two-state solution, which has always been considered internationally as the preferred solution but which Israel's right-wing government has publicly begun to shy away from. Read More »

OPEC agrees to extend production cuts

Maintaining lower output through the first half of this year has been cited as a major factor in supporting global crude prices at around Dollars 50/bbl. "The cut we have made last December is working", said Saudi energy minister Khalid al-Falih at OPEC's Vienna headquarters, where the oil ministers from the cartel's 13 nations gathered. Read More »

Montana's absentee vote turnout in the spotlight after Gianforte 'body slam'

Overnight, Gianforte lost two newspaper endorsements because of the incident, which was condemned by The Guardian . After Jacobs asks again, Gianforte refers him to a spokesman. The editorial board at the Billings Gazette wrote, "We previously supported Gianforte because he said he was ready to listen, to compromise, to take the tough questions". Read More »

OPEC extends oil output cut by nine months to fight glut

The Organization of Petroleum Exporting Countries ( Opec ) has submitted its extension proposal to its non-member partners before talks on their continuing participation take place later Thursday, according to one delegate. Al-Falih earlier announced that OPEC is welcoming a new member, Equatorial Guinea, to its ranks. "We are confident that the extension of the production cut will not impact our procurements", Ashok said. Read More »

Manchester attack arrests 'significant,' important items found

Armed police raided the flat on Wednesday but no arrests were made. The attack was the deadliest in Britain since 2005 when four Islamist suicide bombers attacked London's transport system, killing 52 people. Cities including Paris, Nice, Brussels, St. Petersburg, Berlin and London have suffered militant attacks in the last two years. The victims range from an eight-year-old schoolgirl to parents who had come to pick up their children. Read More »

Bovis Homes Group plc (BVS) Upgraded to "Buy" at Jefferies Group LLC

Stifel Nicolaus reissued their buy rating on shares of Indivior PLC (LON:INDV) in a research note released on Thursday. About 11,664 shares traded. Shawbrook Group PLC (LON:SHAW) has risen 6.00% since April 19, 2017 and is uptrending. The firm has "Buy" rating given on Monday, March 6 by Citigroup. Covisint Corporation provides an open, enterprise class cloud platform enabling organizations to build solutions that identify, authenticate and connect users, devices, applications and information. Read More »

OPEC's quest to manage sentiment hinges on likely oil cut extension

Finalization of an extension to ongoing production cuts is widely expected to be announced, as might an agreement to make output reductions even deeper than they now are in hopes of pushing down still-heavy global stockpiles. Saudi Energy Minister Khalid al-Falih noted a "trend" to extend. And U.S. producers are poised to expand more, even if prices tick upward only moderately as a result of the oil-cut extension by OPEC and its partners. Read More »

'Republicans care about poor people,' OMB Director Mulvaney says

If Congress allows either fund to run dry, millions of Americans living on fixed incomes would face steep cuts in benefits. Czwartacki objected to calling that a cut, saying the Trump administration will be limited by anticipated tax revenue that will not match planned spending. Read More »

Times Square driver told cops he wanted to 'kill them all'

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Police said parts of Rojas' auto come off as he's striking pedestrians - including a side-view mirror and license plates. Christopher Beekharry, his wife Sunita Prasad and their two children, ages 3 and 6, were visiting from the South American CARICOM nation of Guyana and touring Times Square, New York with their uncle on Thursday, May 18 when they saw a vehicle racing towards them on the side walk. Read More »

RBNZ and FMA welcome new Global Code of Conduct

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The Code is meant to promote the integrity and effective functioning of the market by ensuring a consistent set of good practices adopted across jurisdictions. The introduction of the code represents a real milestone for the FX market, and with the initial reaction to it being largely positive, it represents the market's best opportunity to date to bring earn back the trust of both market participants and the public. Read More »

Turkey slams US over 'aggressive' acts against bodyguards

Then the Turkish Foreign Ministry "summoned" the USA ambassador so they could deliver protests over how us law enforcement officers treated Turkish personnel during the attack. "As we noted previously, the conduct of Turkish security personnel last week was deeply disturbing". The official says Bass has told Turkey's government that its guards violated USA laws. Read More »

After OPEC deal, Texas oil regulator boasts of victory

Nigeria stands to continue to benefit from an improved oil revenue as the Organization of Petroleum Exporting Countries ( OPEC ) decided on Thursday in Vienna to extend cuts in oil output by nine months to March 2018 to further battle a global glut of crude. Read More »

China stocks steady, small-caps offset Moody's downgrade

It was the first time Moody's has cut ratings for either place since November 1989, when China's economy was reeling following the bloody crackdown on democracy protesters in Beijing's Tiananmen Square. In the short-term at least, this is likely to centre on fiscal policy and increased spending by the government and its related entities. That credit profile puts China at par with Japan and Saudi Arabia, which is not an altogether unenviable group. Read More »

Time To Get In On The Growth Action: Cheniere Energy, Inc. (LNG)

Equities analysts predict that Cheniere Energy Partners will post $1.69 EPS for the current fiscal year. About shares traded. PC Connection, Inc. 181,795 shares of the company traded hands. Cheniere Energy Inc had 13 analyst reports since July 23, 2015 according to SRatingsIntel. The company was initiated on Wednesday, August 5 by Credit Suisse. Read More »