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Reuters poll: Booming US output dents expectations of oil price recovery

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Oil prices are being supported by the data that oil reserves at the largest US terminal in Cushing dropped by 0.3 million barrels, amounting to 60.8 million barrels. The source said that production should stabilize at the higher end of the range "very soon". It had produced more than 1.6 million bpd before a 2011 uprising. Read More »

Brokers Change Their Target Price On Navios Maritime Partners LP (NYSE:NMM)

Bank of America downgraded the stock to "Underperform" rating in Friday, June 23 report. On Thursday, January 26 the stock rating was downgraded by Citigroup to "Neutral". Berson And Corrado Advsr Ltd reported 39,070 shares. Td Capital Management Ltd Co reported 0.12% of its portfolio in Microsoft Corporation (NASDAQ:MSFT). Read More »

Health bill to leave 22m without cover

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The largest chunk of savings would come from cuts to Medicaid , federal spending on which the CBO predicts would decline by 26 percent over the next ten years. Senate Majority Leader Mitch McConnell on Capitol Hill in Washington . It would eliminate the mandates that require almost all Americans to have coverage and companies with more than 50 workers to provide health benefits. Read More »

Lions vs Hurricanes: Midweek stars in last chance saloon

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The Lions have already lost two midweek fixtures on tour, being beaten by the Blues and Highlanders, and the Hurricanes are certainly capable of completing a hat-trick for New Zealand's Super Rugby teams. The Hurricanes are also boosted by the return of All Blacks Julian Savea, Ngani Laumape, Jordie Barrett, and Vaea Fifita. Replacements: L Apisai, C Eves, M Kainga, J Blackwell, R Prinsep, K Hauiti-Parapara, W Goosen, C Jane. Read More »

China Manufacturing Gauge Strengthens on Growing Global Demand

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The Federation of Logistics & Purchasing said it was the 11th straight month of improvement. In the services sector, the official services PMI for June rose to 54.9 from May's 54.5. In the first quarter, China's GDP grew 6.9 percent on-year, slightly faster than the 6.8 percent forecast in a Reuters poll and the fastest pace since the third quarter of 2015. Read More »

Commissioner: Brexit could see €20bn annual hole in European Union budget

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As one of Europe's big contributors, Westminster sends £17.8 billion (US$23 billion) per year for membership. Simplifying funding stream and finding new revenue sources is seen as necessary under all five scenarios considered by its staff. "With the departure of the United Kingdom , the rebate that was introduced as a concession to that country in the past will become obsolete", a paper by the commission on the future finances of the European Union said. Read More »

Pier 1 Imports, Inc. (PIR) Issues Q2 Earnings Guidance

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Several other equities analysts also recently issued reports on the stock. Pier 1 is projecting a Q2 net loss between $0.04 to $0.08 per share while analysts, on average, are looking for a $0.03 per share quarterly loss. Same-store sales, including the impact of a decline in the valued of the Canadian Dollar, decreased 0.2%, but were flat on a constant currency basis. Read More »

KB Home (KBH) Reaches 52-Week High

By reviewing stock prices from the stock market history of the company and examining its analysts ratings can give an investment picture with updated information of stock which helps investors to make investing decision. KB Home (NYSE:KBH), at its latest closing price of $22.78, it has a price-to-book ratio of 1.10, compared to an industry average at 1.85. During the same period in the prior year, the business earned $0.17 earnings per share. Read More »

Tesco calls on CMA to speed up merger decision

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That process last for six weeks or so and isn't due to finish until 25 July, but the CMA has received a request from Tesco and Booker to fast-track the investigation to a more in-depth phase two enquiry. Both companies said they want the regulator to move "more quickly" by taking the probe into an in-depth "Phase 2" stage within two weeks. The companies" joint decision to "fast track' the merger suggests they believe the CMA has found enough evidence to show the deal has the potential to ... Read More »

US Q1 economic growth higher but still lackluster

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First-quarter economic growth was boosted by an upward revision to consumer spending, which accounts for more than two-thirds of USA economic activity. Finally, government consumption was revised up for a smaller loss of 0.9 percent in the final Q1 GDP print. Businesses were in part buoyed by optimism to increase investment amid anticipation of pro-growth policies on the fiscal side, but the failure to see underlying improvement, particularly from the consumer, left momentum stagnant and ... Read More »

Energy Transfer Equity, LP (ETE) Stock Rating Upgraded by BidaskClub

The stock of Energy Transfer Equity LP (NYSE: ETE ) has "Outperform" rating given on Monday, September 26 by Robert W. Baird. Finally, Vetr upgraded shares of Energy Transfer Partners from a "sell" rating to a "hold" rating and set a $37.25 price objective for the company in a research note on Thursday, February 9th. Read More »

In North Carolina, Women Can't Withdraw Consent After Sex Begins

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The legal loophole stems from a 1979 North Carolina Supreme Court ruling ( State v. Way ), but it has picked up steam in the media in the last few days. Jonathan Guy had showed up intoxicated at her apartment previous year demanding sex, she said. She consented at first, but begged him to stop when he became violent. Read More »

Micron Technology, Inc. (NASDAQ:MU) Reviewed By Analysts

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Nonetheless, both estimates indicate that revenues are likely to rise year-over-year (YoY) and QoQ as the $87.74 billion company earned $8.2 billion and $8.4 billion revenues in 4QFY16 and 3QFY17 respectively. Raymond James Fincl Service Advisors accumulated 393,646 shares or 0.07% of the stock. A total volume of 28.3 million shares were traded versus to average volume of 26.43 million shares. Read More »

Digital Realty Trust, Inc. (DLR) Shares Sold by Janus Capital Management LLC

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Argent Trust Company who had been investing in At&T Inc for a number of months, seems to be less bullish one the $233.26 billion market cap company. About 422,706 shares traded. Credit Suisse upgraded Federal Realty Investment Trust (NYSE:FRT) on Thursday, August 20 to "Outperform" rating. Liberty Mutual Asset Management reported 31,086 shares. Read More »

Research Report For NIKE, Inc. (NKE)

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Montag A & holds 52,495 shares. Checchi Capital Advisers Ltd Liability Corporation has invested 0.09% of its portfolio in Nike Inc (NYSE:NKE). It has underperformed by 25.94% the S&P500. More interesting news about Nike Inc (NYSE:NKE) were released by: Seekingalpha.com and their article: "Nike's Interrupted Journey To $50 Billion" published on June 27, 2017 as well as Fool.com's news article titled: "How Nike Inc . Read More »

EPA Rescinds WOTUS Rule

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The plan follows an executive order from President Donald Trump in February to dismantle the rule. In addition, the letter involved Alabama, Alaska, Arkansas, Indiana, Kansas, Kentucky, Louisiana, Michigan, Missouri, Nevada, North Dakota, Ohio, Oklahoma, South Carolina, South Dakota, Texas and Utah. Read More »

How Analysts Feel About Stagecoach Group plc (LON:SGC)?

J P Morgan Chase & Co reissued their neutral rating on shares of Whitbread plc (LON:WTB) in a research report released on Wednesday, StockTargetPrices.com reports. 1,877 were accumulated by Northwestern Mutual Wealth Mgmt. Grantham Mayo Van Otterloo Lc invested in 238,490 shares or 0.04% of the stock. The insider OSWALD BRIAN H bought 4,453 shares worth $35,847. Read More »

Buffett's Berkshire on Verge of Becoming BofA's Top Shareholder

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At that level, it'd be more lucrative for Buffett's Berkshire Hathaway Inc .to hold common shares than its preferred stake in the Charlotte, North Carolina-based lender. Berkshire's warrants expire in September 2021. However, Buffett didn't simply buy Bank of America stock. The $76.1 billion-worth investor, Warren Buffett , appeared to be very happy with the way things are turning out for Bank of America and Moynihan's actions. Read More »

Wind pummels US Open as final round under way

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He has one previous win while on the PGA Tour, winning the Phoenix Open during the 2015 tour season. "It was kind of bombs away". "I felt confident all week and to feel as confident as I did on a Sunday of a Major and coming down the stretch was great", he said. Read More »

Chocolate Crisis Dodged As Cadbury Recovers From Cyber Attack

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Short added that no employees had been sent home as a result of the attack. In a statement on its website, DLA Piper said it was dealing with a "serious global cyber incident". At a global level, the ransomware was widespread in Ukraine - where the attack appears to have originated affecting Ukrenergo, the state power distributor, and several of the country's banks. Read More »

Rite Aid Corporation Sees Unusually Large Options Volume (RAD)

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Vetr raised shares of Rite Aid Corporation from a "buy" rating to a "strong-buy" rating and set a $6.58 price target for the company in a research report on Thursday, March 2nd. Tyrus Capital S.A.M. now owns 208,205 shares of the company's stock worth $885,000 after buying an additional 78,800 shares during the last quarter. In trading on Thursday, technology shares fell by 1.06 percent. Read More »

State of Emergency for MTA

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Cuomo also announced that the MTA will work with ConEd on an "immediate investigation of their equipment, transmission and interlocks throughout the entire system". The MTA has since suspended two workers supervising repairs where the derailment occurred, agency spokesman Kevin Ortiz said via email. Earlier this month, an F train stalled in a tunnel , leaving crowded cars with no air conditioning and some without lights. Read More »

Fox's Sky takeover set for United Kingdom watchdog probe

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The group's shares have added more than 16 percent to their value over the past year, but have been little changed in the year-to-date. Culture Secretary Karen Bradley is to announce her verdict on Rupert Murdoch's £11.7 billion bid to take full control of Sky later today. Read More »

Tesco sheds 1200 staff to slash costs

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The eliminated roles include marketing, finance, buying and property functions and will affect one in four workers at the supermarket's head office in Welwyn Garden City. We will now enter into consultation talks with the company over the coming weeks to look at the business case for their proposed restructuring. Earlier this month, the supermarket reported its best quarterly sales growth since 2010 despite tough market conditions, helped by efforts to hold back inflation pressures to keep ... Read More »

European shares steady as Fed move boosts bank

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Regions Financial (RF.N) was the biggest percentage gainer of the 34 banks involved in the stress tests with a 3 percent jump. Bank of America said it plans to increase its quarterly common stock dividend to 12 cents a share, a 60 percent increase, beginning in the third quarter of 2017. Read More »

Shapiro: Maersk Booking System and Terminals Slowly Recovering

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The cyber attack , similar to the ransomware that infected more than 300,000 computers last month, also affected computers at Russia's biggest oil company, Ukranian banks and numerous other multinational firms. Damco, Maersk's forwarding division, has also been affected by the cyber-attack. Sirkar said that no containers could be loaded or unloaded at the terminal Wednesday. Read More »

USA declares Syed Salahuddin global terrorist

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Sources told Mail Today that the designation of Syed Salahuddin , one of India's long standing demands, was made hours ahead of the bilateral talks so it could figure in the Indo-US joint statement. "This declaration by the USA may probably help in impacting his movements and funding". The US had been sitting idle on the requests for over a decade now. Read More »

General Mills, Inc. (GIS) Q4 Earnings Beat, But Outlook Tepid

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The company beat analysts' expectations on fourth quarter adjusted EPS by 2 cents; the analysts forecasted that General Mills would generate an EPS of 71 cents on average. The company is expected to report earnings of $0.71 a share for the next quarter. The next quarterly dividend will be paid by General Mills on August 1 to shareholders of record July 10. Read More »

Remonetisation: RBI start publishing Rs 200 notes with advance security features

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Reports also indicate that the new Rs 200 currency notes would be having some advanced security features , some of which would be introduced for the very first time on an experimental basis. The Rs 200 currency note would be thirs in line to be printed following demonetisation . This is still 18.4 per cent lower than the pre-demonetisation level. Read More »

Brokerages Set Barrick Gold Corporation (ABX) PT at $22.73

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It has outperformed by 21.91% the S&P500. Asa Gold & Precious Metals Ltd decreased its stake in Barrick Gold Corp ( ABX ) by 7.84% based on its latest 2016Q4 regulatory filing with the SEC. As per Tuesday, October 25, the company rating was maintained by RBC Capital Markets. The company was downgraded on Friday, August 7 by Barclays Capital. Read More »