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GM halts operations in Venezuela after factory is seized

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GMV called the act "improper, absurd, outside of legal logic and due process". The company noted that the seizure would cause irreparable damage to the company, its 2,678 workers, its 79 dealers and to its suppliers. The announcement comes after several people were killed and hundreds were arrested in the biggest anti-government demonstrations in years in Venezuela. Read More »

Tesco PLC (TSCO) Given Underperform Rating at Credit Suisse Group AG

Following HSBC's latest price target of 260 on the business this highlights that the broker now believes there is an increase of 25.85% from Barclays PLC's current share price of 206.6. It has a 24.59 P/E ratio. The Company's segments include EMEA, United Kingdom, Asia Pacific and Americas. Several other equities research analysts also recently issued reports on JRP. Read More »

Saudi military helicopter crashes in Yemen, kills 12 officers

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It is believed that Iran, which has one of the largest military stockpiles in the Middle East, is supplying Yemen's Houthi rebels with military equipment. Under an economic reform programme launched past year, known as Vision 2030, Saudi Arabia is seeking to use non-oil means to generate much of its additional future energy needs to avoid running down oil resources and diversify its economy. Read More »

Texas bill allowing unlicensed carry of guns clear committee

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Recapture, colloquially known as the "Robin Hood" plan, was first created in 1993 as a way to divert tax revenue from property wealthy school districts to property poor districts for the goal of greater equity. Rep. Matt Schaefer , R- Tyler, was among those who voted for the bill and said it's a step in the right direction. The House budget allowance for this bill would provide more funding to more school districts for busing, but many legislators expressed concern that the money would be ... Read More »

Kate Spade (NYSE:KATE) Reviewed By Analysts

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Oxford Asset Management now owns 120,602 shares of the company's stock worth $2,252,000 after buying an additional 88,688 shares during the last quarter. The legal version of this report can be read at https://baseballnewssource.com/markets/kate-spade-co-kate-issues-quarterly-earnings-results/621959.html. Read More »

Bank of America Reports Jump in Earnings

Merriman Wealth Management LLC raised its stake in shares of Bank of America Corp by 1.8% in the third quarter. BlackRock Advisors LLC now owns 82,996,128 shares of the financial services provider's stock valued at $1,298,889,000 after buying an additional 7,823,538 shares during the period. Read More »

Is MGM Resorts International (MGM) Sell Now?

Buckingham Research initiated the stock with "Buy" rating in Thursday, August 11 report. Basically, a price target is an individual analyst's projection on the future price of a stock. JP Morgan upgraded MGM Resorts International (NYSE:MGM) on Thursday, January 28 to "Overweight" rating. If you are reading this story on another publication, it was illegally stolen and reposted in violation of worldwide copyright and trademark law. Read More »

Netflix nears 100 million subscribers

With almost 100 million subscribers, Netflix assumes lead in the on-demand streaming space. Netflix missed slightly on subscriber estimates for its first quarter earnings report as the streaming giant saw shares initially dip but then rise more than 1 percent in after-hours trading on Monday. Read More »

Non-OPEC Countries Improve Compliance With Vienna Oil Output Cut Deal - Minister

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But the stronger than expected recovery of U.S. shale exports means the major oil producers will need to extend the deal for another six months to avoid further market losses. Compliance from Russian Federation is very good. Crude now trades over $50 a barrel. But it added that improved prices had attracted higher-cost producers in the United States back to the market, raising the prospect of surprisingly high levels of non-OPEC supply throughout the year. Read More »

Donald Trump Affirms Commitment To 'Buy American, Hire American'

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Current rules associated with America's trade deals and immigration policies unfairly place American companies and workers at a disadvantage. Trump said his administration is going to enforce "Hire American" rules that are created to protect jobs and wages of workers in the United States . Read More »

Wall-Street Analyst's Earnings Forecasts: Denbury Resources Inc.'s (DNR)

EPS growth in past five years was -30.80% while EPS growth in next five years is projected to arrive at -0.86%. Comparatively, Denbury Resources Inc. posted earnings of $-0.01 per share in the same quarter a year ago. Mitsubishi UFJ Trust & Banking Corp raised its stake in Denbury Resources by 0.6% in the third quarter. In other Denbury Resources news, Director Greg Mcmichael sold 16,000 shares of the company's stock in a transaction that occurred on Monday, March 27th. Read More »

Minnesota senators press United Airlines on dragged passenger

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A video of the man being pulled from his seat after he refused to leave the full plane has been seen around the world and resulted in harsh criticism for United and Aviation Department police. He appears relatively passive while being dragged. While the officer explains to Dr Dao that not co-operating will make things "a lot harder for you", Dr Dao interjects saying "I'd rather go to jail". Read More »

Kevin Durant sits out shootaround, remains questionable for Game 2

It's a 48 minute game and just gotta trust in your teammates behind you and realize that it's not about outscoring somebody. Game 2 is Tuesday night in Boston. If Nurkic was going to play injured, the Warriors would have a stronger argument to play Durant. Sunday's Eastern Conference action got underway in Washington, where John Wall scored 15 of his 32 points in a dominant third quarter to lead the Wizards to a 114-107 victory over the Atlanta Hawks in their series opener. Read More »

International Monetary Fund raises growth predictions, frets about protectionism

Those projections are 0.8 and 0.2 percentage points higher respectively than in its January forecasts. The growth forecast for China for this year was increased to 6.6% from 6.2%. According to the report, economic activity gained some momentum in the second half of 2016, especially in advanced economies. "Though highly uncertain, medium-term growth prospects have also diminished in the aftermath of the Brexit vote because of the expected increase in barriers to trade and migration, as well ... Read More »

Tech Giant Receives Autonomous Vehicle Testing Permit From California DMV

The DMV has granted dozens of companies the rights to operate self-driving cars in California. The company has been highly secretive about its autonomous driving program , called Project Titan, and is not commenting on the new permit. This news alone quells one rumor: that Apple was designing its own auto. Chief Executive Tim Cook has suggested that Apple wants to move beyond integration of Apple smartphones into vehicle infotainment systems. Read More »

Govt's green infrastructure bank sold in £2.3bn Australian takeover

BEIS's statement reads: 'GIB has been a real success story since it was created in 2012 - the world's first dedicated green investment bank, established to accelerate private-sector investment into the United Kingdom green economy. The sale proceeds will be received on completion of the transaction, which the government expects to take around two months. And with the value of green assets set to rise significantly in the upcoming years, fears exist that the United Kingdom taxpayer risks being ... Read More »

Dignity and freedom: Palestinian organizations and figures on the collective hunger strike

Meanwhile on Tuesday, Israeli Public Security Minister Gilad Erdan vowed not to negotiate with Palestinian hunger strikers, saying that Barghouti had been moved to another prison and placed in solitary confinement. "These are terrorists and incarcerated murderers who are getting exactly what the worldwide law requires", he told Israel's Army Radio. Barghouti's call for the strike has given it added credibility, with the 57-year-old serving five life sentences over his role in the violent ... Read More »

International Monetary Fund projection of Canadian economic growth lower than Ottawa's

In contrast, India's growth forecast for the fiscal year 2017 was reduced to 7.2% from 7.6%. However, analysts had raised concerns over the figure, saying it had not taken into account the full impact of demonetisation. World growth is expected to rise from 3.1 per cent in 2016 to 3.5 per cent in 2017 and 3.6 per cent in 2018, slightly above the October, 2016, WEO forecast. Read More »

Can the USA convince China to use their leverage on North Korea?

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Trump has recently spoken highly of the Chinese President, whom he met earlier this month at his Mar-a-Lago resort in Florida and later described as a "terrific person". After the announcement, National Security Advisor H.R. McMaster said it was a "prudent" decision to send the ships to waters off the Korean Peninsula to deter the North. Read More »

Unilever first-quarter sales top expectations

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In London, Unilever shares were trading at 3,983.50 pence, up 1.17 percent. The company said the growth it saw in ice cream "was helped by strong innovations behind our premium brands", including the recently-launched Magnum in tubs. Positive aspects of the period for Nestle, the maker of Lean Cuisine meals, included accelerating sales in Europe and Asia, Kepler's Cox said. With news that Unilever will sell its spread brands - including Bertolli, Flora, Stork and I Can't Believe it's ... Read More »

Wells Fargo claws back $75M from former executives

The board investigation found that additional "mass terminations" and individual firings for gaming Wells Fargo's sales goals "continued sporadically over the next 10 years". Ultimately, despite her plans to retire voluntarily, Wells Fargo decided in September that it would fire Tolstedt for cause, employing a harsh distinction rarely used in an industry that often lets even shamed executives walk away on their own terms. Read More »

United CEO says David Dao debacle was 'a watershed moment'

The airline is reviewing policies around handling oversold flights to prevent similar incidents, including talking to some passengers and employees about how the airline can take a more "commonsense approach", Munoz said. "It's really too early for us to tell anything about bookings, and in particular last week because it's the week before Easter". This Sunday, April 9, 2017, image made from a video provided by Audra D. Read More »

One killed after Class XII student runs over car

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But Police Control Room received the information at 6.15 a.m. The identity of the deceased are yet to be verified. According to reports, at least three persons were also injured in the incident. "He was driving his friend's father's vehicle. His friends fled the scene after the accident", Narwal added. The two kids and the driver, who allegedly did not have licence, were arrested. Read More »

Ascent Resources Plc (AST) Rating Reiterated by Northland Securities

Numis Securities on Wednesday reiterated Segro PLC's analyst rating as "Hold" with its price target of 494 highlighting a potential increase of 1.44% from Segro PLC's current price of 487. Admiral Group plc is a United Kingdom firm engaged in the provision of vehicle insurance. The Firm operates through two divisions: Business and Consumer. Read More »

SC to continue hearing on Taj Mansingh Hotel auction

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As reported by the news agency PTI, the Supreme Court has asked NDMC to give at least six months time to the Tata Group firm to vacate the hotel if it loses out in e-auction. The Ministry of Home Affairs had supported the NDMC's decision to auction Taj Mansingh Hotel, and also to terminate Hotel Le Méridien's licence, and observed that the private "companies can not exploit good relations with government". Read More »

Mastercard Shows Off Credit Card With Built In Fingerprint Sensor

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During recent trials employees from Pick n Pay and Absa tested the convenience and security of the card. While the new card has completed initial trials in South Africa, Mastercard is planning further tests in Europe and Asia, with an aim to roll out the tech worldwide by the end of 2017. Read More »

India in touch with the United Kingdom on Mallya extradition issue: MEA

He was presented in Westminster Magistrates Court, which released him on bail. After reports of his arrest, the 61-year-old tweeted about the news and called it "Indian media hype'". Mallya's hearing is set to begin within weeks, with a date for the next hearing to be confirmed soon. The CBI had in July 2015 filed a case against Mallya and officials of the IBDI bank. Read More »

Videos from United Airlines flight incident may violate rules

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Meanwhile, attorneys for Dao called a news conference for Thursday morning after filing an emergency "bill of discovery," seeking the airline's documentation of Sunday's confrontation, including all surveillance videos, cockpit voice recordings, passenger and crew lists, and incident reports. Read More »

Saudi oil export drops to lowest level since 2015

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The International Energy Agency said last week that inventories in industrialised countries were still 10 percent above the five-year average, a key gauge for OPEC. "We in Saudi Arabia, and I think the market will agree, are concerned with what will happen in three to four years", Falih said. The moves have helped partially reverse a Wednesday slump that hived almost 4% from Brent prices after the U.S. Read More »

Tokyo Signals U-Turn On TPP, Moves To Activate Trade Pact Sans US

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President Trump campaigned against the TPP, a long-negotiated multilateral trade deal that former President Barack Obama supported. Singapore has said it will sign the TPP deal if there is consensus among the 11 countries. The other signatories are Australia, Brunei, Canada, Chile, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam. Japan is looking to get the United States back on track as regards the aborted TPP deal, and will be asking Washington to show some sort of commitment ... Read More »