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Adobe Notches Beat Again With Sales Outlook on Cloud Demand

Ashford Cap Management Inc stated it has 0.12% of its portfolio in Adobe Systems Incorporated (NASDAQ: ADBE ). Aviva Public Ltd Co holds 0.2% in Adobe Systems Incorporated (NASDAQ: ADBE ) or 329,333 shares. Morgan Stanley maintained it with "Equal-Weight" rating and $110 target in Wednesday, September 21 report. In other news, EVP Bryan Lamkin sold 20,000 shares of the stock in a transaction dated Friday, March 31st. Read More »

Oil Set for Longest Run of Weekly Losses Since 2015 Amid Glut

West Texas Intermediate (WTI ) crude futures were down 12 cents or 0.3 percent at $44.61 per barrel.Crude futures benchmarks are sitting near their lowest levels since late November past year when production cuts led by the Petroleum Exporting Countries ( OPEC ) were first announced. Read More »

Trump calls Warmbier death a 'total disgrace'

The coroner's office reviewed medical records from the University of Cincinnati Medical Center and the air ambulance service that helped bring Warmbier from Pyongyang to Cincinnati after 17 months. He was convicted of subversion and was sentenced in March 2016 to 15 years in prison with hard labor. The doctors who were treating him in Cincinnati, however, refute the botulism claim. Read More »

China tried, but failed, to help on North Korea

Secretary of State Rex Tillerson says the USA will "hold North Korea accountable" for Warmbier's "unjust imprisonment", and is also demanding the release of three other Americans who are being detained. Foreign detainees in North Korea have previously recanted confessions, saying they were made under pressure. Last month, California Democratic Rep. Read More »

Retail Giant Amazon Plans to Buy Whole Foods for $13.7 Billion

The remarks offered a preview into how e-commerce giant Amazon might turn around the sluggish sales of Whole Foods since announcing on Friday it would buy the company for $13.7 billion, including debt. Concerned Whole Foods shareholders who would like more information about their rights and potential remedies, including those who believe that the proposed transaction is unfair as to price or terms, may contact attorneys Amber Eck or Kathleen Herkenhoff at 619-342-8000, ... Read More »

Next Weeks Broker Price Targets For CytRx Corporation (CYTR)

The RSI oscillates between zero and 100. CytRx Corporation has Relative Strength Index (RSI 14) of 56.25 along with Average True Range (ATR 14) of 0.08. CytRx Corporation earned a news sentiment score of 0.12 on Alpha One's scale. The Simple Moving Average (SMA) is often used to identify trend direction, but can be used to generate potential buy and sell signals. Read More »

Uber founder Travis Kalanick resigns as CEO


Camp isn't involved in the day-to-day operations at Uber, but Kalanick credits Camp with forming Uber's main objective of a high-end ride-sharing service. The investors, who made their demand in a letter, include one of Uber's biggest shareholders, the venture capital firm Benchmark, it said. After eight years of phenomenal growth by upending the taxi business, Uber had reached a point where the free-wheeling culture that created the company had become an albatross that threatened to kill it. Read More »

Marvell Technology Group Ltd. (NASDAQ:MRVL) Jumps 3.09% in Pre-market

Marvell Technology Group Ltd.'s stock has performed at 25.81%. Price targets show what analysts believes a stock will be worth at the end of a certain time period. Van Eck Associate Corp accumulated 0.03% or 493,988 shares. The Cross SMA 50/200, also known as the "Golden Cross" is the fifty day moving average divided by the two hundred day moving average. Read More »

NRA applauds Trump's apprenticeship order, while critics say it's full of holes


The White House said the move would increase funding for the Learn-to-Earn program by $200 million and help fill some of the 6 million jobs in the US. Senior administration officials have said Trump was reluctant to spend more federal funds on apprenticeships, so the boost would come from existing money, perhaps from the streamlining process. Read More »

Berenberg Bank Trims Greencore Group plc (GNC) Target Price to GBX 340


It operates across various geographical regions, which include Europe, Asia, Middle East and North Africa, North America and Latin America. Berenberg maintained the stock with "Buy" rating in Friday, October 28 report. Punch & Assocs Inv Management owns 810,000 shares for 0.29% of their portfolio. Apg Asset Mgmt Nv invested in 232,698 shares or 0.01% of the stock. The Company's Private Equity business includes investment and asset management to generate capital returns, and is focused on ... Read More »

Donald Trump tweets anger over Russia probe `witch-hunt´


Trump on Sunday also pointed to his 50 percent approval rating in a Rasmussen daily tracking poll , which has been an outlier since he took office. US President Donald Trump has defended his record in a series of tweets which also lash out at the investigation into Russian interference in the election . Read More »

Democrats' wonky plan to delay GOP health care bill

If Senate Republicans are able to pass their bill next week, it would then go back to the House, where the Senate bill and the House's American Health Care Act would need to be reconciled before being sent to President Trump's desk. Read More »

Rice Midstream Partners LP Comm (RMP) Sees New 52-Week High


It has outperformed by 25.36% the S&P500. Among 11 analysts covering EQT Midstream Partners (NYSE: EQM ), 8 have Buy rating, 0 Sell and 3 Hold. Therefore 45% are positive. Analysts expect Rice Midstream Partners LP (NYSE:RMP) to report $0.34 EPS on August, 2.They anticipate $0.04 EPS change or 10.53 % from last quarter's $0.38 EPS. Read More »

Rio Tinto recommends Yancoal coal offer over Glencore


Rio Tinto said Tuesday that its board considered a number of factors related to both proposals, including the size of both bids , and chose to stick with a $2.45 billion offer that Yancoal Australia Ltd. Yancoal will also pay a royalty linked to coal prices. That topped an earlier offer from Yancoal that included an initial $1.95 billion cash payment and $500 million in annual installments of $100 million following completion. Read More »

Shiv Sena makes a U-turn, says yes to Kovind

A day after the much-talked-about meeting between Amit Shah and Uddhav Thackeray , the Shiv Sena on Monday lashed out at the BJP over the emerging situation in Jammu & Kashmir and West Bengal. He admitted that though the Sena had taken a stance that diverged from the BJP in the past, it had supported winning candidates. Patil defeated NDA candidate and Vice President B.S. Read More »

Pamplona Capital to take Parexel private in $5B cash deal


On October 27 the company was changed to a "Neutral" in a report from Baird down from the previous "Neutral" rating. The stock rose 0.15% or $0.07 reaching $45.4. 88,637 are owned by New Amsterdam Ptnrs New York. Profit Investment Mgmt Limited, Maryland-based fund reported 20,462 shares. Balyasny Asset Mngmt Lc, a Illinois-based fund reported 14,900 shares. Read More »

Toshiba prioritizes Japan-led alliance on memory unit sale

However, South Korean chipmaker SK Hynix is also on board, as is the banking division of the Mitsubishi UFJ Financial Group, as the main financial backers of the consortium's buyout proposal. The consortium, also including Japanese players and U.S. Bain Capital, is estimated to have secured cash worth 2 trillion yen (US$17 billion). The government-led consortium's bid has been orchestrated in large part by the trade ministry which wants to keep the chip unit under domestic control. Read More »

Whole Foods shares keep rising in bidding war speculation


After the company's merger with Amazon, it seems Whole Foods CEO John Mackey is intent on improving its relationship with customers. Amazon expects to reduce headcount and change inventory to lower prices and make Whole Foods competitive with Wal-Mart Stores and other big-box retailers, according to a person with knowledge of the company's grocery plans. Read More »

Royal Bank Of Canada Reaffirms Buy Rating for Exxon Mobil Corporation (XOM)


Associated Banc-Corp decreased Exxon Mobil Corp (XOM) stake by 1.18% reported in 2016Q4 SEC filing. Flossbach Von Storch Ag accumulated 160,940 shares or 0.24% of the stock. The stock of Rockwell Automation (NYSE:ROK) earned "Market Perform" rating by FBR Capital on Wednesday, May 11. The rating was initiated by BMO Capital Markets on Friday, December 2 with "Market Perform". Read More »

Uber CEO Travis Kalanick Is Taking A Leave Of Absence


The report suggests using performance reviews with metrics tied to "improving diversity, responsiveness to employee complaints, employee satisfaction, and compliance". The law firm is also urging Uber to adopt its version of the " Rooney Rule " for hiring women and underrepresented minorities. In the USA, less than a third of the company's workers are female. Read More »

Alternate juror in Cosby trial would've convicted

His publicists read a letter from Cosby's wife, Camille, on the courthouse steps after the trial that attacked O'Neill as "arrogant" and District Attorney Kevin Steele as "heinous" and "ambitious". None of the jurors commented after the trial ended and headed home to the Pittsburgh area, some 300 miles (480 kilometers) from the courthouse outside Philadelphia. Read More »

Britain, European Union To Start Historic Brexit Talks


May was hoping to increase her support in the British election on June 8, but instead her party lost its outright majority and now has to try to form a workable government with a tiny party from Northern Ireland. "We must first tackle uncertainties caused by Brexit ". Britain appears to have given in on the EU's insistence that the negotiationsfirst focus on three key divorce issues, before moving onto the future EU-UK relationship and a possible trade deal. Read More »

Can Cypress Semiconductor Corporation (NASDAQ:CY) Continue To Move The Needle?

Finally, Comerica Bank acquired a new stake in ON Semiconductor Corporation during the fourth quarter worth approximately $297,000. Media coverage about Taiwan Semiconductor Mfg. According to analysts Semiconductor Manufacturing International (NYSE:SMI)'s minimum EPS for the current quarter is at $0.02 and can go high up to $0.05. Read More »

Coveney to meet with chief Brexit negotiator

They will be tasked with exploring and testing options that will then be submitted to the top negotiators for their political blessings. The working language of the negotiations will be English and French, with interpretations provided by the European Commission . Read More »

Oil jumps after Qatar shunned by Arab neighbors over alleged terrorism links


World fuel production and consumption is roughly in supply and demand balance, at nearly 98 million bpd, although inventories remain somewhat bloated, according to the US Energy Information Administration (EIA). The sentiment on supplies came despite a report late Tuesday from the American Petroleum Institute that crude oil inventories in the United States, the world's leading economy, fell by 4.6 million barrels, compared with a forecast of 3.5 million barrels. Read More »

Oil sits near half-year lows as global supply overhang weighs

Shale supply has pushed USA crude production up by about 10 per cent over the a year ago to 9.3 million bpd, not far below the output of top exporter, Saudi Arabia. The IEA expects oil supplies next year to outpace demand despite consumption hitting 100 million bpd for the first time. Oil stocks are near record highs in some parts of the world, and producers outside the Opec deal are increasing output. Read More »

Imam helped protect terror suspect to 'deliver him to police'

According to some of his drinking mates, he may have become radicalised following the recent terror attacks in London Bridge and Manchester . Mohammed Kozbar, Chairman of Finsbury Park Mosque, with faith and community leaders. Imam Mohammed Mahmoud shouted "don't touch him!" "He has a fracture in his skull - but they still don't know why the bleeding from his ear is not stopping yet", the Somali-born man said. Read More »

Oil Glut Continue To Dampen OPEC Efforts


London- Statements made by Energy Minister Eng. Khalid al-Falih pushed up oil prices on Monday after being under pressure for four weeks due to the rise of USA outcome and the recovery of Libya and Nigeria production - exempted from oil outcome cut. Read More »

MSCI: Argentina Remains A Frontier, Saudis May Be Emerging


The Shenzhen-Hong Kong trading link commenced last December following final approval from Hong Kong's Securities and Futures Commission and the China Securities Regulatory Commission. If it were added to the emerging markets index in 2018, Acadian Asset Management estimates the country could end up with a 2 percent to 3 percent weighting or up to 5 percent if it moves forward with plans to float state oil giant Saudi Aramco. Read More »

Markets Right Now: Tech gains send S&P 500 to another record

In London, FTSE 100 is up over 53 at the time of writing, while European equities are also higher. SLIDING LOWER: The price of benchmark US crude fell $1.23, or 2.8 percent, to $43.20 per barrel. Rice jumped $5.02, or 25.53 percent, to $24.71. COMMODITIES: Benchmark U.S. crude rose 10 cents, to $45.07 per barrel. Restaurant chain Chipotle Mexican Grill (CMG) may also come under pressure after forecasting higher operating costs as a percentage of sales in the second quarter. Read More »

Tropical Storm Cindy Has Cruise Ships Changing Itineraries

Flooding will be possible in the Panhandle of Florida , Shields said. While the system has sustained winds near 40 miles per hour, it lacks a defined center. Local parish leaders already taking steps to prepare for the potential of flooding from Tropical Storm Cindy. Forecasters said the system will move inland by Thursday, with little strengthening possible. Read More »

South Korea to scrap building of new nuclear power plants

Moon promised to cut coal and nuclear power during his presidential campaigns. "I will scrap all preparations to build new reactors now underway and will not extend lifespan of current reactors", he said. Renewable energy along with digitalization and automation technologies will be the country's new growth engine, he said. Many reactors are located dangerously close to residential areas in the densely-populated nation, Moon said, warning of "unimaginable consequences" in case of a ... Read More »

UK Confirms It Will Leave EU Single Market Upon Brexit

There's a long way to go but we're off to a promising start. But in Britain many media portrayed Davis, a veteran Brexit campaigner, as having climbed down from his insistence that the European Union must immediately open talks on a future free trade agreement rather than limit negotiations, as they are now, to basic issues of the divorce, such as the rights of expatriate citizens. Read More »