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Ford to cut 1400 jobs in North America, Asia

A source confirmed to AFP that massive job cuts are planned at Ford in the coming days, affecting as many as 20,000 salaried workers. A Ford spokesperson, who declined to comment on the reported layoffs, said in a statement that the company is focused on "strategic priorities that will create value and drive profitable growth ", including investing "aggressively, but prudently" in new opportunities. Read More »

Quorum Health Corp (QHC) Stock Price Down 2.7% on Disappointing Earnings

The company reported net revenue of $515.2 million in Q4 of the 2016 financial year. Quorum Health Corporation ( QHC)'s distance from 200 day simple moving average is -53.16 percent, its distance from 50 day simple moving average is -44.57 percent, while its distance from 20 day simple moving average is -27.29 percent. Read More »

Oil up after USA inventories drop

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Oil cartel Opec and other producers including Russian Federation have pledged to cut output by nearly 1.8-million barrels a day during the first half of the year. West Texas Intermediate, the US benchmark for the price of oil, was down 0.28 percent to $46.30 per barrel. Opec and industry sources said there had been discussions about extending curbs until the end of the first quarter 2018, when crude demand is seasonally at its weakest. Read More »

Some of Google's new features seem ... familiar

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After Google Inbox, Gmail will be getting the ' smart replies' feature which enables Gmail to scan an unread email and suggest replies based on the content. That is why Google announced that appliances will eventually support Google Assistant, starting with LG and GE. Google says there's no setup or app required - just ask the assistant to make the call and it'll handle the task. Read More »

Google to introduce a new standalone VR headset at I/O 2017

It's that time once again when Google takes to the stage to reveal its future plans. If you're not familiar with Google I/O, it's the company's yearly developer conference. Google apps like Sheets launch twice as fast in O as they do in Nougat, the current version, and Google said other apps should see similair results. Read More »

Ahead of EVM hacking challenge, EC meets 55 parties today

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However, Kejriwal - who along with his Aam Aadmi Party, has been the most vocal about EVM tampering - took to Twitter to share his disappointment. Every technical help must be involved to put an end to this matter. The Congress leader asserted that the poll panel should reconsider its opinion about the EVM. The Union Cabinet had given its nod to sanctioned funds of almost Rs. Read More »

Emmanuel Macron Will Take Over as President of France on Sunday

Macron was elected French president on Sunday with a business-friendly vision of European integration, defeating Marine Le Pen, a far-right nationalist who threatened to take France out of the European Union . "If the French police and Vichy officials who collaborated (with the Nazis) did not load up people and send them to Germany, then, who did?" said Goldschmidt. Read More »

OPEC crude production rises in April - IEA

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In its monthly report last week, OPEC said that global markets are still suffering from oversupply and it appealed to other producers, including the US, to stop pumping so much. Kuwait is in full support of extending a multilateral crude oil production cap into the early part of next year, the country's oil minister said Tuesday. Read More »

Paul Ryan: 'We need the facts' before rushing to judgment

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In the House, Rep. Jacky Rosen, D-Nev., circulated a letter signed by more than 40 Democratic lawmakers and sent to the White House criticizing the president for sharing intelligence, reportedly provided by Israel, with Russian Federation about the terrorist plot. Read More »

Selena Gomez Goes Makeup-Free in 'Bad Liar' Teaser-- Hear a Snippet!

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The wait is over - Selena Gomez' " Bad Liar " has arrived. " Bad Liar " is the first new music Gomez has released since she dropped "It Ain't Me", her collaboration with Kygo, back in February. @ SGINFO99 suggested. Though Selena's name hasn't been on any official attendees list, Gomez is nominated for Top Social Artist, which means there's a good chance she could at least attend the show to accept the award should she win. Read More »

Pvt. Chelsea Manning released from military prison

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Manning, who was arrested in 2010, filed a transgender rights lawsuit in prison and attempted suicide twice a year ago, according to her lawyers. Rights groups have sharply criticized the way the government handled Manning's case; they also faulted the official response to what Amnesty International USA calls "possible war crimes committed by the military" that are depicted in the records she released. Read More »

Magnachip Semiconductor Corp (MX) Getting Somewhat Positive Media Coverage, Analysis Finds

CY has been the topic of several analyst reports. Cypress Semiconductor Corporation (CY ) reported earning per shares for the quarter ending April 27 AMC at 0.13, whereas, 14 number of analysts estimated the mean EPS at 0.16. The transaction was disclosed in a filing with the SEC, which can be accessed through this link . In order to reach an opinion and communicate the value and volatility of a covered security, analysts research public financial statements, listen in on conference ... Read More »

30 leaders reaffirm their commitment to Belt and Road

The China Development Bank and the Export-Import Bank of China will set up special lending schemes worth 250 billion yuan and 130 billion yuan respectively, to support belt and road projects. Kayonga said the belt and road initiative the vision of Africa's Agenda 2063, which aims to integrate the continent and to develop sustainable economies. Read More »

Brazil's president denies authorising payments to silence politician

In March, Mr. Cunha was sentenced to 15 years for corruption and money-laundering, for taking bribes to ensure the awarding of lucrative state contracts - and then funnelling the money to Swiss bank accounts. Temer's press representatives could not immediately be reached for comment. "If the recordings are confirmed, Temer would have to defend his mandate on multiple fronts", said political analyst Thomaz Favaro of the consultancy Control Risks, citing the danger of public pressure for ... Read More »

NEXT plc (NXT) Rating Reiterated by JPMorgan Chase & Co

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Other equities analysts have also issued research reports about the company. Numis Securities Ltd lifted their price objective on shares of A.G. Barr plc from GBX 575 ($7.44) to GBX 652 ($8.43) and gave the company an "add" rating in a research note on Friday, March 31st. Read More »

Trump to meet French President-elect in May

Reflecting on Macron's victory over far-right leader Marine Le Pen in the presidential runoff on Sunday, Valls said it was a blow to populism in Europe that gave a "terrific" image of France overseas. Speaker of Parliament Andrej Danko (SNS) sees Macron as a new hope for uniting the EU. An estimation by research firm Elabe for BFMTV show that Macron won the presidential race with 65.9 percent of votes, while Le Pen scored 34.1 percent. Read More »

Govt notifies rules to resolve $150-bn bad loan mess

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An ordinance to amend the Banking Regulation Act will give the Reserve Bank of India unprecedented powers to take decisions on resolution of individuals bad loan cases and the development augurs well for the banking industry as a whole. The ordinance authorises RBI to issue directions to banks for resolution of stressed assets. Sale of assets, closure of non-profitable branches, reduction of overhead costs and business turnaround initiatives are part of the resolution process. Read More »

Results a sign voters want parties 'to work together,' Clark says

Among the casualties of the night so far is prominent BC Liberal cabinet minister Peter Fassbender , the former education minister, who conceded defeat to the NDP's Jagrup Brar. "There were three cases where the Greens seems to have directly or indirectly hurt the NDP", said Harrison. Kathryn Harrison, also a professor at UBC, says the Greens must weigh the risks of either choice, but the Liberals may wait to do any negotiating until after May 24, when a final count of ballots is expected. Read More »

Moon to send special envoys on THAAD, DPRK to China

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He asked them to help in curbing North Korea's nuclear programme and both promised to. On Tuesday, Beijing confirmed that an official delegation from North Korea would also attend the summit. Chinese leader Xi Jinping and new South Korean president Moon Jae In agreed Thursday that denuclearizing North Korea was a "common goal" between them, Moon's office said. Read More »

UK's health service limps back to normalcy after cyberattacks

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More than 200 000 victims in 150 countries and regions were afflicted by the attacks with Russian Federation and the United Kingdom the worst hit. The Japan Computer Emergency Response Team Coordination Centre, a non-profit group providing support in computer attacks, said 2,000 computers at 600 locations in Japan were reported affected. Read More »

Portugal's Salvador Sobral wins 2017 Eurovision Song Contest

Unlike the 25 other competitors who performed on a wide stage backed by flashing lights, bursts of flames and other effects, Sobral sang from a small elevated circle in the middle of the crowd, an intimate contrast to others' bombast. 'Neither Russia nor #Ukraine benefitted from this, nor the millions of Eurovision fans who live in Russia, ' he told AFP. Romania came seventh with an unlikely combination of yodelling and rap while Azerbaijan's act that came 14th featured a man wearing a ... Read More »

Whittier Trust Co. Sells 38 Shares of Anadarko Petroleum Co. (APC)

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It has a 38.95 P/E ratio. The Bank specializes in the delivery of services and solutions to business owners, their families and clients within the communities it serves. The company was downgraded on Monday, May 16 by Howard Weil. The rating was downgraded by Guggenheim on Monday, November 2 to "Neutral". Anadarko Petroleum (NYSE:APC) last posted its quarterly earnings data on Tuesday, May 2nd. Read More »

Snap share value drops 20% after its first earnings report

Snap's net loss widened to $2.21 billion, or $2.31 per share, in the first quarter, from $104.6 million, or 14 cents per share, due to stock-based compensation related to the IPO . Snap also split out "other" revenue coming from non-advertising services, which is largely its Spectacles wearable glasses. When compared to the 158 million that Snap had by Q4 2016, however, the growth is only at a dismal 5 percent and that's what touched a nerve in investors. Read More »

Iran Moderates Rally Round Rouhani to Oppose Hardliners

Two other candidates, conservative Mostafa Mirsalim, a former culture minister, and centrist Mostafa Hashemitaba, a former head of the Iranian National Olympic Committee, remain in the race, with Hashemitaba saying that he will vote for Rohani. Read More »

German leaders court migrants from Russia ahead of election

It is a long-standing tradition that French presidents choose the German capital for their first official visit. German leaders were hugely relieved by the independent centrist's rout of far-right rival Marine Le Pen in the May 7 presidential runoff, and now they hope that Macron can deliver the economic upturn that his predecessors couldn't. Read More »

Ferrexpo Plc (FXPO) Insider Sells £20385.39 in Stock

Copart has $63 highest and $50 lowest target. JPMorgan Chase & Co. reissued a neutral rating and set a GBX 4,650 ($60.04) target price on shares of Wolseley plc in a research report on Friday, March 24th. 4imprint Group PLC has GBX 2060 highest and GBX 1220 lowest target. GBX 557.06's average target is -10.30% below currents GBX 621 stock price. Callidus Capital Corp. Read More »

NY Senate Votes To Accelerate Start Of Upstate Uber, Lyft

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HB 100 would require ride-hailing companies to have a permit from the Texas Department of Licensing and Regulation and pay an annual fee to operate throughout the state. This would allow the companies to use the name- and document-based background checks they prefer. Uber and Lyft have spent several million dollars on lobbyists in each of the past two legislative sessions, but failed to get a statewide law in 2015. Read More »

Japan's Abe reaffirms conviction that TPP benefits Asia-Pacific

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But Auckland University law professor Jane Kelsey, a strong opponent of the TPP, this week said the existing text has "all the toxic rules the U.S. insisted on that undermine affordable medicines, grant foreign investors special rights to enforce offshore, prohibit requirements for data to be held onshore, and more". Read More »

Ford to cut 1400 non-factory jobs in 2017 to boost profits

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The official job-cuts number is much less drastic than the potential 20,000 lost jobs reported earlier in the week by some media outlets. In a statement , Ford said that it plans to reduce its salaried workforce in its North America and Asia Pacific regions by about 10%, using what it called "voluntary packages". Read More »

Eli Lilly and Company (LLY) Closed at $78.99

WARNING: " Eli Lilly and Co (LLY) Given "Buy" Rating at Piper Jaffray Companies" was first posted by Sports Perspectives and is owned by of Sports Perspectives. During the same quarter past year, the firm posted $0.83 EPS. Shareholders of record on Monday, May 15th will be paid a $0.52 dividend. This represents a $2.08 dividend on an annualized basis and a yield of 2.66%. Read More »

AAA predicts highest Memorial Day travel level since 2005

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Even though gas is more expensive than it was past year, AAA says that 88.1% of travelers (around 34.6 million) will drive to their getaways, an increase of 2.4% over 2016. According to AAA , Airfare for 40 domestic routes is up 9% from 2016, with the average price of a roundtrip ticket hovering around $181. Cancun, Mexico tops the list of Priceline's trending destinations, with an nearly 40 percent increase in bookings, year over year, for the holiday weekend. Read More »

ICICI Bank cuts home loan rate by up to 0.3%

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HDFC has lowered its mortgage pricing for new low-priced home loans to 8.35% from 8.5% for loan below Rs 30 lakh for women borrowers. LIC Housing Finance has also launched a new product, 'Griha Siddhi, which will offer loans for construction, purchase of house or flat and repairs or renovation to the existing properties. Read More »

Tillerson signs declaration stressing climate change threat

U.S. Secretary of State Rex Tillerson will host foreign ministers from Arctic nations at a summit in Alaska on Thursday, where President Donald Trump's reluctance to fight climate change will likely cast a shadow over talks. On May 11, Tillerson added his signature to a document endorsed by seven nations bordering the Arctic during a council meeting in Fairbanks, Alaska. Read More »

Oil prices rise to $52 as Saudi, Russia back longer supply cut

In a joint statement issued after the briefing, both ministers agreed to do whatever it takes to reduce global inventories to their five-year average and expressed optimism they will secure support for the extension from other producers. "It's really only scalable around $50-$55 a barrel, which means [OPEC producers] have a lot of room in which they can grow production underneath that level". Read More »