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Trump delays decision on Paris climate agreement, spokesman says

President Trump will now wait until after the Group of Seven meeting in late May before making a decision about whether to keep the United States in the Paris climate agreement, his press secretary, Sean Spicer, said Tuesday. White House officials had been expected to soon close an internal debate on whether the USA should withdraw or take more measured steps, but a key meeting on the matter scheduled for Tuesday was postponed at the request of Secretary of State Rex Tillerson , who would ... Read More »

Oil prices rise as Saudi Arabia may cut exports to Asia

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According to the U.S. Energy Information Administration , crude inventories fell 5.2 million barrels last week, much more than the 1.8 million-barrel drop analysts had predicted. 'However, crude oil prices fell during the second half of April and on May 4 reached the lowest point since the end of November'. USA crude was up 1.3% to $47.93. Read More »

Taking a Fresh Look at Crocs, Inc. (CROX)

To stay one step ahead we extended our research by comparing different price targets. In terms of recent volatility, the average for the month is 2.96% and 2.76% for the past week. Piper Jaffray downgraded the shares of CROX in report on Thursday, October 1 to "Neutral" rating. Crocs, Inc . ( CROX ) now has a consensus Price Target of $7.14. Read More »

US retail sales rebounded in April after sluggish winter

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The Commerce Department said Friday that retail sales increased 0.4 percent in April from March. The February 2017 to March 2017 percent change was revised from down 0.2% to up 0.1%. The unemployment rate in April was 4.4%, according to the Labor Department, matching its lowest level since 2001. Consumer confidence has soared since the presidential election, but spending hasn't increased as much as the jump in optimism would suggest. Read More »

Moody's downgrades credit ratings of Canada's Big Six banks

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Conversely, shares of Air Canada rocketed 10.54 percent to 16.46 Canadian dollars, its highest close in ten years. Financial stocks fell 0.8 percent, at one point trading at their lowest level in five months, after Moody's Investor Service cut the long-term ratings for Canada's six biggest banks, citing a more challenging operating environment. Read More »

Pressure mounts on BMS, AZ as Merck bags Keytruda chemo combo approval

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Rival pharma companies, including AstraZeneca (AZN), Roche (RHHBY) and Bristol-Myers Squibb (BMY), are trying to catch up. Keytruda as monotherapy is also indicated for the second-line or greater treatment of patients with metastatic NSCLC whose tumors express PD-L1 (TPS =1%) as determined by an FDA-approved test, with disease progression on or after platinum-containing chemotherapy. Read More »

Zayo Group Stock Tumbling on JPMorgan Downgrade

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Several other equities analysts have also weighed in on the stock. Stifel Nicolaus initiated coverage on Zayo Group Holdings in a research note on Friday, January 13th. If you are accessing this piece on another publication, it was stolen and republished in violation of United States & worldwide trademark and copyright laws. Read More »

En Marche! Names 428 Candidates for French Parliamentary Election

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Macron formed his own party only last year, and his election victory over the National Front's Marine Le Pen on Sunday has destroyed the dominance of the centre-left and centre-right parties which have governed France for almost 60 years. Of these 428 candidates, 93% have jobs, and the remaining handful of civilian candidates are unemployed, retired, or students. Mr Macron was educated at a Jesuit high school in Amiens, and baptised as an RC as a teenager. Read More »

Current Market Buzz: Merck & Co., Inc. (MRK), PulteGroup, Inc. (PHM)

Among 17 analysts covering Merck & Co. Shares in Merck Co. The performance this quarter is at -0.71% while the weekly performance is at 0.94%. North American Management Corp now owns 144,889 shares of the company's stock worth $9,043,000 after buying an additional 781 shares during the last quarter. Read More »

Investors Attention Alert: Weatherford International plc's (WFT)

Comparatively, WFT posted earnings of $-0.14 per share in the same quarter, a year earlier. The company had revenue of $1.39 billion during the quarter, compared to analyst estimates of $1.36 billion. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink . Insiders own 1.10% of the company's stock. Read More »

Snapchat growth stalls in Facebook's shadow; $2.2 billion loss in 1Q report

Close to $ 2 billion of the loss of $2. 2 billion for Snapchat during the three-month period just concluded, involved the costs of stock compensation related to the initial offering by the company. In its ad revenue forecast for the next few years, eMarketer predicted that Snapchat will continue to see faster revenue growth than any other digital company, although future growth rates are expected to be slower than they were in 2016. Read More »

United Kingdom families being hit hard, says Bank of England

However, Carney said that due to the tightening labour market, wage growth should start to pick up in the next few years, helping to ease the pressure on real income levels. On the upside, the Monetary Policy Committee's published decision stated that policy makers may need to raise interest rates faster than the market suggests. Read More »

Was CBA's $2.4 Billion Cash Profit Enough?

As it continues working towards creating a single-view of customers across systems, the bank recently appointed Oracle for the foundation of its Customer Service Hub which is moving from "design phases into development" the bank said. We reiterate our SELL recommendations on NAB, WBC, CBA and Macquarie but retain our NEUTRAL recommendation on ANZ, believing that most large bank share prices underestimate the extent of industry growth and profitability challenges. Read More »

Consumer prices rebounded 0.2 percent in April

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Energy prices rose 1.1% following the 3.2% decline for March and there was a firm 0.9% increase in energy services prices to give an annual increase of 4.4%. They had dipped 0.1 percent in March. Energy prices rose 0.8 percent from previous month; food costs were up 0.9 percent. Not counting food and energy, PPI also rose 0.3%. Read More »

Losses at JC Penney double, sales slide, as do shares

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During the same period past year, the company posted ($0.22) earnings per share. Revenue is expected to be down 1.3% to $2.77 billion. The department store operator reported $0.06 EPS for the quarter, topping the consensus estimate of ($0.21) by $0.27. Read More »

Chaffetz Asks Justice Department IG to Investigate Comey Firing

Rosenstein assumed that job two weeks ago. Comey has not confirmed Trump's account. The bureau has been probing whether Trump's campaign colluded with such an effort - something the president rejects as "fake news". "You will have that", Comey told his associates he responded. It said on Tuesday that Comey's firing arose from his handling of an election-year Federal Bureau of Investigation probe into Democratic presidential nominee Hillary Clinton's use of a private email server during ... Read More »

China's One Belt, One Road Financing Welcomes Local Currencies, Says PBOC Chief

Likewise, another popular news portal, setopati.com, has published an in-depth interview of Ambassador of Nepal to China Mr. Leela Mani Paudyal with the banner headline titled "Immense possibility of Chinese investment has opened up now". There are two versions of OBOR - domestic and worldwide. Aim of OBOR is to reach out to global markets through shorter routes. How will it be implemented? There will also be leaders from parts of Europe, Africa, Middle East and South America. Read More »

General election 2017: Fingers pointed over manifesto leak

May's decision to call an early election for next month caught not only most of her own party by surprise, but has forced Labour and other parties to scramble to devise policies and campaigns nearly overnight. Mr Corbyn is expected to reject criticism over his position on defence and the use of nuclear weapons by insisting: "I am not a pacifist". The Royal Mail would be renationalised, as well as rail companies. Read More »

Oil rises on falling United States stockpiles, Saudi cuts to Asia

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Oil prices fell , rattled by concern over slowing demand, a rising U.S. dollar and increasing USA crude output that has shaken investors' faith in the ability of OPEC to rebalance the market. Market participants are closely watching on the energy minister's remarks after Saudi oil chief Khalid Al-Falih said that he was "confident the agreement will be extended into the second half of year and possibly beyond". Read More »

Germany posts 0.6 per cent Q1 GDP growth

German statistics authority Destatis said that household state spending was strong and firms invested their money into construction and equipment. Germany has the largest economy in the eurozone and its performance is in marked contrast to that of other big countries, such as Italy and France. Read More »

Passengers report seeing scorpion on United Airlines flight from Houston

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As a precaution, United put passengers on a different plane and gave them all meal vouchers. The incident comes almost a month after another man was stung by a scorpion on a United flight from Houston to Calgary. United apologized and offered Bell and his wife a credit for a future flight. In that incident, a couple was returning from vacation in Mexico. The small scorpion fell from the airplane's overhead bin onto a man's head and stung him. Read More »

Prabhas declined brand endorsements worth Rs 18 crore for 'Baahubali'

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After Salman, Mister Perfectionist, Aamir Khan is the one who demand Rs 55-60 crore and Shah Rukh Khan charges Rs 40-45 crore for each film. The film continued to roar at the box-office by starting off its second weekend with collections recording in at Rs 20 crore on Friday and Rs 26.50 crore on Saturday, Rs 33.50 crore approx on Sunday and Monday's collection recording in at approximately Rs 16.50 crore. Read More »

Pakistan PM, 4 CMs to attend OBOR summit in China

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The prime minister is accompanied by a high level delegation including Chief Minister Punjab Shahbaz Sharif, Chief Minister Sindh Murad Ali Shah, Chief Minister Khyber Pakhtunkhwa Pervaiz Khattak and Chief Minister Balochistan Sanaullah Zehri. Read More »

Tunnel at plutonium uranium extraction plant collapses in Hanford

The Hanford Nuclear Reservation , located about 150 miles southeast of Seattle and about half the size of Rhode Island, is considered to be the most contaminated nuclear site in America, according to NPR. Washington Gov. Jay Inslee says the safety of Hanford's 9,000 employees is the top priority. "Collapse of the earth covering the tunnels could lead to a considerable radiological release". Read More »

Energy chief says hole has been filled at nuclear waste site

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The collapse of the tunnel caused soil on the surface above to sink between 2 and 4 feet over a 400-square-foot area, officials said. The Department of Energy is considering solving the plutonium waste problem at the Hanford Nuclear Reservation by turning it into a cementlike mixture, because it will be less expensive than turning it into glass logs. Read More »

Forex New - Dollar rises after hawkish FOMC; rates unchanged as expected

Federal Reserve rate rise expectations return as a market driver. Although the Fed made no explicit remarks as to the timing of the next rate hike, market watchers are betting on a move in June and one further hike later this year. Fed Chair Janet Yellen did not have a press conference after this meeting. The Fed is in its first tightening cycle in more than a decade. Economists polled by Reuters expect US employers to have added 185,000 jobs in April, up from 98,000 in March. Read More »

Bank of England cuts United Kingdom growth forecast

MPC holds #BankRate at 0.25%, maintains government bond purchases at £435bn and corporate bond purchases at up to £10bn. pic.twitter.com/vPlTLdPDnD- Bank of England (@bankofengland) 11 May 2017 Challenging time Governor Carney also warned things will be hard for British households this year as higher inflation linked to Brexit will cut people's purchasing power. Read More »

Macron's party unveils eclectic mix of candidates for French elections

An initial batch of 14 legislative candidates previously announced in April by Macron's camp gave a taste of how Macron's grassroots, startup-style movement sought to recruit outside the circle of career politicians. Emmanuel Macron , France's president-elect, suffered a setback in his push to renew the country's political system after a key political ally claimed he had broken a deal to share out seats in next month's parliamentary election. Read More »

Trump contradicts his own White House team on Comey firing

Acting FBI Director Andrew McCabe Thursday voiced "the absolute highest regard" for the fired director of the bureau, James Comey, and said Comey enjoyed broad support among rank and file FBI agents, a portrayal utterly at odds with that given by the White House. Read More »

Baxter International Inc. (NYSE:BAX) Under Analyst Spotlight

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Zacks' sales calculations are an average based on a survey of research firms that cover Baxter International. The business is scheduled to report its next earnings report on Tuesday, July 25th. The Company has 541.47 million shares outstanding and 541.41 million shares were floated in market. The disclosure for this sale can be found here. Read More »

Sprint Corp, T-Mobile US Inc Mulling Potential Merger

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German mobile service revenues, excluding the effects of new regulations on roaming and termination rates, rose by 1.4 percent, underpinning overall sales growth in Germany of 0.2 percent to 5.4 billion euros. On Thursday, BT unveiled pre-tax profit dived by a fifth to 2.35 billion pounds ($3.04 billion, 2.79 billion euros) in the financial year to the end of March, hit by an Italian accounting scandal, troubles at its Openreach broadband unit, and challenging trade both at home and overseas. Read More »

Buffett calls Obamacare replacement 'a huge tax cut for guys like me'

Munger said the current health system gives USA companies a big disadvantage in competing with other manufacturers. "They may become like cattle cars, but. As it stands, the Republican health care bill would roll back taxes on the wealthy that were created to help pay for aspects of Obamacare. Warren Buffett likened unemployed workers to animals that are helpless to avoid vehicle crashes, and said the US must do more to help those displaced by competition from overseas and technology. Read More »

President Trump creates panel to investigate voter fraud

Kobach, you may remember , is the guy who made up the false claim that millions of illegal immigrants voted for Hillary Clinton in the 2016 election. We found this guy this one time who perpetrated that kind of impersonation. "In Kansas, we are making it clear that people who willfully vote twice will be prosecuted". Read More »

Peel Hunt Increases Costain Group PLC (COST) Price Target to GBX 500

It has a 98.06 P/E ratio. The company has market cap of 26.18 billion GBP. The Company's geographic divisions include North America; Europe, Russia and Turkey; Africa; Latin America and Caribbean, and Asia Pacific. Compass Group PLC had 138 analyst reports since July 24, 2015 according to SRatingsIntel. As per Wednesday, September 14, the company rating was upgraded by JP Morgan. Read More »