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'Made in China' C919 passenger jet takes maiden flight

After the one-and-a-half hour flight, the test pilots came smiling from the plane, wearing orange overalls with the Chinese flag. The 80-minute flight was greeted with applause by more than 1,000 spectators on the tarmac, including Chinese Vice Premier Ma Kai and Shanghai Party chief Han Zheng. Read More »

Chesapeake Energy's (CHK) "Sell" Rating Reaffirmed at FBR & Co

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Marathon Oil Corporation (NYSE:MRO) floats -25.44% below the 52-week top level and its EPS growth rate was -25.30% over prior 5 years with earnings growth of 0.00% yoy. BlackRock Group LTD increased its position in shares of Chesapeake Energy by 14.2% in the third quarter. The Friess Associates Llc holds 2.39M shares with $16.74 million value, down from 3.11 million last quarter. Read More »

Senate starts over on health care; bill would keep parts of Obamacare

Among the most contested aspects are its effects on those with pre-existing conditions and how cuts to Medicaid would impact those who rely on the program. The group, American Action Network, says its ad buy will focus on key elements of the American Health Care Act. Trumpcare's massive transfer of wealth from funding for so-called safety-net hospitals that cater to low-income Americans who have recently gained coverage under Obamacare to wealthy Americans in the form of a tax cut may result ... Read More »

NZD drops as Fed leaves hike in prospect

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The Fed also said that it expected the first-quarter's slow economic growth to speed up later in the year. "Underlying growth in the first quarter appears firmer than headline GDP would suggest", the economists argued, pointing to declines in the March unemployment and underemployment rates. Read More »

Macron win in France election helps stocks and euro strengthen

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Theresa May has said she needs as big a mandate as Emmanuel Macron in order to have a "strong" position in the Brexit negotiations. Macron's win, however, is not surprising. The "France first", anti-Europe message of Macron's rival Le Pen, 48, struck a chord with great swathes of the country. A protest Monday in Paris against Macron's planned reforms drew several thousand people. Read More »

European shares hold at 21-month highs, Micro Focus slides

Also, the Hold rating count is 9 as of 05/08/17. Hedge funds and other institutional investors own 79.10% of the company's stock. Looking at this figure it suggests that the shares of Hewlett Packard Enterprise Company (HPE ) may be overvalued, however, this can also depend upon the situation of the market; if the market is strong then it could suggest that Hewlett Packard Enterprise Company (HPE ) is a good investment, however if the market is weaker then it could suggest that the ... Read More »

Microsoft Corporation (MSFT) Releases First Surface Laptop to Defeat Rivals

Microsoft's newest version of Windows 10 is Windows 10 S . Microsoft is targeting Windows 10 S towards its education customers, which means devices running Windows 10 S will be pretty cheap. The laptop uses the latest Intel Core i5 and i7 processors, and the company says that the battery life will last for 14.5 hours as a result. Microsoft explained the main features of Windows 10 S during its keynote but left out several details that users should know about before buying ... Read More »

Trump's 1st economic report card: Slowest growth in 3 years

Household consumption drives some 70pc of the United States economy, and its very weak expansion, by just 0.3pc in 1Q17, determined the overall pace of growth. Kristian Rouz - The pace of US GDP expansion in the first three months of this year was its slowest since the first quarter of 2014, with consumer spending having slowed significantly amid lower vehicle sales and utility receipts. Read More »

Sinclair Broadcast nears deal for Tribune Media

Sinclair is buying 100% of Tribune's outstanding shares for $43.50 apiece, for an aggregate price of about $3.9 billion. The New York Times reports talks were continuing Sunday and a deal may be announced Monday. Sinclair may sell certain stations in markets where it now owns stations to comply with FCC ownership requirements and antitrust regulations; these determinations will be determined during the regulatory approval process. Read More »

Ryan Seacrest is Kelly Ripa's new Live co-host

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Kelly Ripa's announcement that Ryan Seacrest will be the new co-host of "Live with Kelly" on Monday lifted the syndicated daytime talk show to strong ratings. His tremendous success is only matched by his impeccable reputation. ABC's popular morning show with Ripa competes in many markets against the third hour of NBC's Today . Read More »

S&P, Nasdaq pare gains after hitting record highs

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The S&P 500 and Nasdaq narrowly secured new record closes a day earlier in lethargic trading. The blue chip Dow Jones Industrial Average finished the session at 21012.28, up 5.34 or +0.03% and the tech-based NASDAQ Composite settled at 6100.60, down 0.16 or 0.00%. Read More »

Trump and Macron Agree to Meet during NATO Summit

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The far-right National Front party is also gearing up for a name change, if not a makeover of its ideas, after Ms Le Pen's decisive loss. Mr Macron's year-old political movement plans to field candidates - a mix of newcomers and more experienced figures - for all of the seats. Read More »

'A victory over scaremongers': How German media responded to Macron's win

He wants to ease rigid labour laws he believes fuel high unemployment, cut state spending, improve education in deprived areas and increase welfare protection to the self-employed. Not only was the result viewed by many as a vote in favour of the European Union, but the fact Macron has been elected president just a year after forming his own party could well serve as inspiration to some of the smaller groups on Italy's fragmented political scene. Read More »

Crude oil prices at lowest level in five months

The cuts in production resulted in a significant rally in oil prices , with Brent trading as high as $56 per barrel in February. USA crude fell as low as $45.39, Brent touched $48.32. "Sustained closes below this levels would be extremely bearish for the long-term", he said. Among the 10 members bound by the caps, compliance strengthened to 102 per cent from 89 per cent in March, a Bloomberg News survey of analysts, oil companies and ship-tracking data showed on Wednesday. Read More »

Jio woes: Airtel Q4 net profit tanks 72% to Rs 373.4 crore

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The telecom industry as a whole also witnessed a revenue decline for the first time ever on a full year basis. "The sustained predatory pricing by the new operator has led to a decline in revenue growth for the second quarter in a row". Bharti Airtel, which also offers DTH and broadband services, said the mobile data traffic on its network had seen a growth of over 56 per cent to 271 billion mega bytes during the quarter. Read More »

Wells Fargo & Company (WFC) What's New In The Q10

Shares of Wells Fargo & Co (NYSE:WFC) traded down 0.57% during trading on Friday, reaching $52.15. Wells Fargo & Company is a bank holding company. Wells Fargo & Co has a 12 month low of $43.55 and a 12 month high of $59.99. 04/07/2017 - Wells Fargo & Company had its "hold" rating reiterated by analysts at Sandler O'Neill. Read More »

IndiGo opts for up to 50 ATR turboprops

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India's rapidly expanding domestic market represented close to 100 million passengers in 2016, and has been steadily growing by more than 20% annually. Having separate operations would allow the airline to ensure that "complexity does not creep into either of the two operations (Airbus and ATR)", the official noted. Read More »

No Fed rate hike; but officials see more ahead

Gross domestic product grew at a sluggish 0.7 percent annual pace in the first quarter as consumer spending nearly stalled. The Fed dismissed softer growth in the first quarter referring to it as transitory and stated that economic activity is expected to expand at a moderate pace. Read More »

Trump Congratulates Macron On 'Big' Win In French Presidential Election

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Emmanuel Macron won over the far-right National Front´s Marine Le Pen in the decisive final election. Whether the unifying agenda of Macron will work is open to question. Macron's next challenge is to secure a solid base in next month's legislative elections, which may prove hard, says Mathieu Gallard of pollsters Ipsos. Read More »

India is a huge market for anyone to ignore: Warren Buffet

The 86-year-old CEO and his 93-year-old partner have been leading the conglomerate for more than five decades, but the crowd is always listening for new nuggets of wisdom. Buffett said the industry has become more efficient, even if fuller planes and tighter seats cause a "fair amount of discomfort" that makes passengers grumble. Read More »

Portion of tunnel containing nuke waste collapses at Hanford

The AP reports "there are concerns about subsidence in the soil covering railroad tunnels". "The tunnels contain contaminated materials". An unnamed source told NBC affiliate KING workers may have created a vibration that caused a nearby tunnel filled with highly contaminated material to collapse. Read More »

Benchmark Holdings PLC (BMK) Given "Add" Rating at Numis Securities Ltd

Its down 7.31% from 2.23M shares previously. G now has $1.19 billion valuation. (NASDAQ:IOSP) has risen 10.16% since September 29, 2016 and is uptrending. Helvea maintained the stock with "Hold" rating in Wednesday, October 14 report. On Monday, March 21 the stock rating was downgraded by Bank of America to "Neutral". Read More »

Voters in South Korea choosing new president after corruption scandal

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The election is being closely watched by allies and neighbours at a time of high tension over North Korea's accelerating development of weapons since it conducted its fourth nuclear test in January previous year. Nearly 2 percent higher than the 2012 presidential election turnout at the same time. Moon's expected victory in the race to the presidential Blue House in Seoul could herald an era of rapprochement with North Korea, and an unlikely meeting of minds with Donald Trump over ... Read More »

Federal Reserve upbeat on U.S. economy but holds rates

Economists polled by Reuters expect United States employers to have added 185,000 jobs in April, up from 98,000 in March. The Committee had raised rates by 25 basis points at their previous meeting in March with the expectation of two more rate increases this year. Read More »

Target Tests Restocking Program For Home Essentials

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According to a notice posted on the corporate website today (8 May), the pilot service will be called " Target Restock ". The company said it plans to pilot the program later this summer in the Minneapolis area. The company says that the box is prepared at its retail locations to allow for the low fee and fast shipping. "We're busy fine-tuning the experience and testing various enhancements - so stay tuned for more information once the pilot launches this summer", the company said. Read More »

Cubs and Yankees set record for strikeouts in 18-inning marathon

The big record set on the evening was the record for most combined strikeouts in a single game, as the two teams combined to strike out a staggering 48 times . Ngoepe led off the inning with a single against Carlos Torres (1-3), advanced to second on a wild pitch and took third on pinch-hitter Jose Osuna's fly ball. Read More »

This airline just told Congress it will stop overbooking flights

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Video of the incident circulated widely on social media. The Transportation Committee grilled top airline executives for almost four hours after a string of bad behavior caught on camera. Dao down the aisle of Flight 3411 last month has consumer advocates calling for a complete uniform "Passenger Bill of Rights". The April 9 incident, in which United passenger David Dao sustained a concussion, a broken nose and two lost teeth, has prompted changes. Read More »

Trump's comments on Muslims at center of travel ban case

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Larsen will be nominated to the Sixth Circuit Court of Appeals in Cincinnati and Stras to the Eighth Circuit in St. Louis. (AP Photo/Steve McMillan). Minutes later the statement, which called for a lockdown until "until our country's representatives can figure out what is going on", had disappeared from the website. Read More »

Decoding insights from Warren Buffett

Many Berkshire units are selling their wares at discounted prices at the annual meeting, while others offer memorabilia such as "Berky" boxers and bras, talking Warren Buffett dolls, and rubber ducks that look like Buffett and Munger for $5 a pair. Read More »

Hot Stocks For Today: Discovery Communications, Inc. (DISCK), Tesoro Corporation (TSO)

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Teachers Retirement System of The State of Kentucky now owns 534,746 shares of the company's stock worth $14,320,000 after buying an additional 504,900 shares in the last quarter. ("Discovery") released its earnings for the quarter ended March 31, 2017. Discovery Communications took an earnings hit in the first quarter as modest growth at its domestic and global networks was offset by the timing of investment costs and higher spending on infrastructure and restructuring charges. Read More »

Here's the real unemployment rate

The U.S. economy added 211,000 net new jobs in April, up sharply from a downwardly revised 79,000 the previous month that was the weakest showing since last spring. Construction added only 5,000 jobs while factories hired 6,000. The labour market is close to full employment, with the unemployment rate at a near 10-year low of 4.5 percent. Read More »

Trump ready to end NAFTA if he can't renegotiate

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Trump has repeatedly cast doubt over the deal's future, calling it the worst in history. "I was glad to see the president saying that he believes we can get a great deal". Ottawa needs to redouble its efforts to maintain good relationships with American legislators in the wake of this week's events, added Brown. That means raising labor standards in Mexico by setting a limit on hours worked per week, ensuring employees are safe, paid a fair wage, and that the factories are meeting ... Read More »

Chinese Competition To Boeing 737, Airbus A320 Marks First Flight

The plane took off at 2:00 pm (0600 GMT) and was expected to fly for an hour and a half. The flight lasted 90 minutes with the plane hitting a maximum speed of 170 knots. It is an achievement in global cooperation, said Wu. Comac also relies on worldwide technology from firms such as General Electric, Safran and Honeywell global. Read More »