Friday, 15 November 2019
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Iran Crude Oil Slips Below $50

Speaking in Beijing on Monday, Saudi Arabia's energy minister, Khalid al-Falih, and Russia's Alexander Novak said they wanted the current agreement to continue holding back around 1.8 million barrels of oil from the market each day until the first quarter of 2018. Read More »

Ransomware attack should be a 'wake-up call' for governments

India's cyber security unit CERT-In said it has received formal reports of just five "incidents" across locations like Delhi and Tamil Nadu. Smith said Microsoft has the "first responsibility" to address the problem. This allows users to complete any given task at any given location as long as they have one of their Microsoft-powered devices with them. "It all works offline", Pratley said. Read More »

Pound falls as Super Thursday announcement cuts United Kingdom growth forecast

Britain's economy was one of the best performing major advanced economies a year ago, wrongfooting the BoE and most other forecasters who predicted that voting to leave the European Union would send the economy into a tailspin. Sterling hit a one-week low against the dollar on Thursday after the Bank of England's inflation report showed interest rates were unlikely to rise within the next two years. Read More »

Syria fighting eases as Russian deal comes into effect

The Observatory said it had not recorded any deaths as a result of fighting in the four zones since midnight, but there had been some violations. Such zones, also referred to as non-conflict or safe zones, are meant to be areas where civilians can live without being targeted by any party in Syria's war. Read More »

THE HIGHLIGHTS: Warren Buffett talks about investing, technology, risks, and mistakes

This time it was the turn of global online retailer Amazon. Buffett says United Airlines bungled the case of the passenger dragged off a plane in April 2017, and he is criticizing the CEO's handling of the incident. To no one's surprise, Buffett did not mention who would take over for him as Berkshire's chief executive. Buffett also argued that when Wells Fargo turned the other way when fraudulent accounts had been created, it only continued to contribute to the toxic culture, according to ... Read More »

Tesla, Inc. (NASDAQ:TSLA) Dipping Lower Ahead of the Market Open

Equity research analysts have forecasted the stock level. Independent Advisor Alliance purchased a new position in Tesla during the fourth quarter worth $102,000. If you are viewing this piece on another publication, it was copied illegally and republished in violation of USA and global trademark & copyright legislation. Read More »

Trump's health care and tax plans are very, very unpopular

According to 2017 data from Congress' bicameral, bipartisan Joint Economic Committee, on which I serve, Illinoisans saw an average rise in premiums of 50.3 percent with 63 percent of counties (many in my district) only offering one or two options for insurance on the Obamacare health exchange. Read More »

Liberty Global plc - Class A (LBTYA) Short Interest Down 23.7% in March

So far, analysts are sticking with their neutral recommendations with the consensus call at 2.2. Large investors have recently modified their holdings of the company. The share price of Liberty Global plc (NASDAQ:LILA) was down -1.22% during the last day of trading, with a day high of 21.41. The company reported $2.45 earnings per share for the quarter. Read More »

Trump Approves Supply of Weapons to Kurdish Forces


The U.S. decision to directly arm Kurdish units of the Syrian Democratic Forces fighting ISIS could harm U.S. relations with Ankara and cause further instability within Syria and Turkey, but it was a "necessary" step against ISIS, Kurdish politicians and fighters said . Read More »

Sinclair Broadcast Group to Acquire Tribune

Sinclair said Monday it would pay $43.50 a share for Tribune , a more than 25% premium to the undisturbed share price, and assume $2.7 billion in debt. Adding Tribune's stations will also expand Sinclair's reach into major cities that it didn't have a presence in before, such as NY and Chicago . Sinclair is also in the process of buying Bonten Media Group, which owns 14 stations, for $240 million. Read More »

Oasis Petroleum Inc. (OAS) closed at $11.82 in the last trading session


Now the shares of Oasis Petroleum Inc. Equities analysts anticipate that Oasis Petroleum Inc. will post ($0.11) earnings per share for the current year. Following the completion of the acquisition, the director now directly owns 44,100 shares in the company, valued at approximately $619,605. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website . Read More »

Microsoft unveils new Surface laptop featuring Windows 10 S

The Surface Laptop comes in four colors: platinum, burgundy, cobalt blue, and graphite gold. CNET noted that the 13.5-inch Surface Pro is a thin machine that weighs 2.76 lbs., making it lighter than a 13-inch MacBook Pro. According to various leaks, it will wear the name Windows 10 S and it will only be compatible with the apps found on the Windows Store. Microsoft Corp. Read More »

New cyber chaos appears to have been avoided in Europe: Europol

A malicious software on Friday created a cyber blizzard in the global cyber-media space by attacking more than 2,00,000 systems in almost 150 countries. Questions have been raised over Trident's vulnerability to potential cyber attacks , as the system is believed to use ageing Window's XP software - the same operating system targeted by the global ransomware attack. Read More »

Last-lap pass helps Ricky Stenhouse Jr. get his first Cup victory

The yellow flag waved two additional times, once when Landon Cassill failed to get back to the pits with a mechanical issue, and then for a Ryan Newman wreck to send the race into overtime. Ultimately, Stenhouse's win proves that planning with teammates only goes so far in restrictor plate racing. Jamie McMurray barely edged out Kyle Busch to finish second, while Aric Almirola and Kasey Kahne rounded out the top five. Read More »

Top Story of the Week: Snap Inc. Bombs First Earnings Release

Nearly $2 billion of Snap's $2.2 billion loss in the January-March period involved stock compensation costs related to the company's initial offering. In the first 3 months of 2017, Snapchat's daily active users increased by only 36.1 percent, continuing a downward spiral evident in the second half of 2016 (62% in Q3, 47% in Q4). Read More »

Next Weeks Broker Price Targets For Cisco Systems, Inc. (NASDAQ:CSCO)


Pennsylvania Trust Co increased its stake in shares of Cisco Systems by 2.8% in the third quarter. Several research firms have issued reports on CSCO. "(CSCO) Stake Increased by Watch Point Trust Co" was originally published by Transcript Daily and is owned by of Transcript Daily. If you are accessing this piece on another site, it was stolen and reposted in violation of United States and global trademark & copyright legislation. Read More »

WannaCry Ransomware: CERT-In session to Prevent Threat in India

Indian Computer Emergency Response Team (CERT-In) has come out with a list of dos and dont's and webcast on how to protect networks from the global ransomware attack. CERT-In further said that it sent out advisory to the Reserve Bank of India on the matter, on Saturday itself. The ransomware , also known as " WannaCry " demands $300 in Bitcoin to unlock encrypted files and threatens users to permanently delete them for failure of payments. Read More »

Bank of England holds rates in 7-1 vote


Even the usually outspoken governor Mark Carney has kept stumm. But its quarterly inflation report signalled this year would be the worst for the income squeeze, predicting that real wages would begin to pick up over the next three years, while the pound's recent rebound would limit the surge in inflation. Read More »

Trusts sent fix that would have protected them — NHS Digital

Note this means that the backup can't be on your computer but should be in the cloud or on an external hard drive. "Although we've never seen anything on this scale when it comes to ransomware attacks, they are relatively common and there are things that you can do, that everyone can do, all of us can do to protect ourselves", he said . Read More »

Oil prices fall further amid oversupply fears


The result has been 11 weeks of expansion in United States production in the longest run of gains since 2012. That deal saw prices spike to well over $US50 a barrel ($US56 for Brent crude), then retreat earlier this year and finally bounce back past the $US50 a barrel mark before hitting the wall this week. Read More »

After the B.C. election here's what Canadians are asking Google

Prof. Richard Johnston of the University of British Columbia says that while the Greens share some common policies with the NDP on issues such as electoral reform, the party must evaluate whether it should back the losing team. "If we are talking about an accord, it might be signed for a two-year period", he added. Weaver was the last to address the media Wednesday, saying it was too soon to say which party he would support. Read More »

Kate Spade & Company (KATE) Closed at $18.41


A number of hedge funds have recently added to or reduced their stakes in KATE. Its book value per share for the most recent quarter is $3.4 while its price to book ratio for the same period is 5.41, as for as the company's cash per share for the most recent quarter is $3.46, however its price to cash per share ratio for the same period is 5.32. Read More »

Analysts Viewpoints: Synergy Pharma Cmn (NASDAQ:SGYP)


Equity research analysts have forecasted the stock level. Citigroup had a markedly different take on 06/04/2017, proposing that Synergy Pharmaceuticals now considered Sell versus prior Neutral rating. EPS breaks down the profitability of the company on a single share basis. "We are particularly encouraged by the conservative revenue recognition policy adopted by SGYP - the company is deferring Trulance revenue recognition until the prescriptions are dispensed to patients, based on IMS ... Read More »

Kim Jong-un sets forth nuclear ultimatum to USA

Moon responded on Monday by sending special envoys to the United States, China, Germany, Japan and Russian Federation to explain his new government's plans and policy towards the defiant North. USA ambassador to the United Nations Nikki Haley called the launch a message by Pyongyang to South Korea after the election of president Moon Jae-in, who took office on Wednesday. Read More »

McDonald's touts 'frork' fry utensil to promote new burgers


To announce the new invention, McDonald's even used famous infomercial pitchman Anthony Sullivan. The Signature Sandwiches are customizable, upscale burgers and chicken sandwiches that feature flavors like Pico Guacamole, Sweet BBQ Bacon, and Maple Bacon Dijon. Read More »

Trump says actively considering breaking up big banks


During the campaign, Trump said he supported bringing back a version of the 1933 Glass-Steagall law, which prohibited banks from doing both consumer lending and investment banking. Maria Cantwell of Washington and Kirsten Gillibrand of NY. While keeping consumer deposits and riskier banking practices separate makes sense, Mr McDonald said the Trump administration has more pressing priorities, such as tax reform. Read More »

To Saudi Arabia, Israel, and the Vatican

One of the people with knowledge of the sales said that as planning for Trump's trip to Saudi Arabia intensified in recent weeks, the arms negotiations also accelerated. "Whether he can or can't" achieve what others could not, "it's our job to try", one official said. The trip will conclude with a meeting at the G7 summit in Sicily. Read More »

China decries protectionism, but Europeans rain on Silk Road parade

The ambitious plans span at least 65 countries, including more than 60% of the world's population, and 30% of global GDP. There's one drawback to the project observers are calling China's Marshall Plan . The two-day forum in Beijing , attended by 29 foreign heads of state and government leaders, will provide a platform to do the job. Beijing has insisted the initiative is "not and will never be neo-colonialism by stealth". Read More »