Business

Warm and pleasant Memorial Day weekend

Warm and pleasant Memorial Day weekend

West wind 5 to 13 miles per hour. Saturday ... Partly sunny with a high near 73. Another round of showers and possible thunderstorms could be on tap again for Sunday afternoon. Sunday night: S...

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Oil Drops After OPEC-Led Output Cut Extension Falls Below Expectations

Oil Drops After OPEC-Led Output Cut Extension Falls Below Expectations

The reduction was nearly 1.8 million barrels per day - equivalent to about 2% of global oil production. Brent crude, used to price worldwide oils, climbed 11 cents to $54.85 a barrel in London . Op...

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Deutsche Bank AG Reaffirms "Hold" Rating for Legal & General Group Plc (LGEN)

The rating was downgraded by Robert W. Baird to "Neutral" on Thursday, August 6. When narrowing in on the Value Composite score for Purplebricks Group PLC (AIM:PURP), we notice that the stock has a ...

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Ireland's political veteran Enda Kenny stepping down as party leader

But Kenny said he would remain on as Prime Minister until a new party leader was elected. As it stands, Minister for Housing Simon Coveney and Minister for Social Protection Leo Varadkar are deemed ...

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Exane Derivatives Buys Shares of 5367 Target Co. (TGT)

Exane Derivatives Buys Shares of 5367 Target Co. (TGT)

Insiders have acquired 19,000 shares of company stock worth $1,073,750 over the last quarter. Norges Bank purchased a new position in shares of Target during the fourth quarter valued at $460,220,000....

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Oil prices build on gains on expectation of extended crude supply cut

Venezuela is undergoing a wave of unrest with protesters angry at an economy in crisis, with food and medicine shortages and soaring inflation. The extension will initially be on the same volume terms...

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International Monetary Fund could join Greek bailout in three weeks - Eurogroup head

The fresh reforms opened the way to unlock the latest tranche of Greece's 2015 mega-bailout so that Athens can repay a debt of 7.0 billion euros ($7.8 billion) in July. If Greece is able to achieve an...

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19 dead as blasts hit concert at Manchester Arena in England

Greater Manchester Police's Chief Constable Ian Hopkins said it is now being treated as a "terrorist incident". People are getting desensitised to everything that's happening. He is hospitalized bu...

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Trump says firing 'nut job' Comey took off pressure

Leaders of the House oversight committee, Republican Jason Chaffetz and Democrat Elijah Cummings told USA news networks this weekend they would be "pursuing" the alleged detailed notes that fired Fede...

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Iran: Rouhani leads initial count; over 70 per cent turnout

Iran: Rouhani leads initial count; over 70 per cent turnout

Ali Asghar Ahmadi, the director of the Election Committee of Iran's Interior Ministry, said the results are known, but it's needed to wait until 2:00 p.m.to announce formally. His opposing rival Ebr...

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Trump Tweets Displeasure Over Special Counsel Appointment

Trump Tweets Displeasure Over Special Counsel Appointment

There was no word on what that record might entail, a question many were likely to raise in light of Trump's recent warning to Comey that he had "better hope" there were no tapes of a discussion they'...

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Fidget spinner safety: Jacksonville doctor warns parents to monitor their child's usage

Fidget spinner safety: Jacksonville doctor warns parents to monitor their child's usage

They are marketed as a stress reliever to help children with autism and attention deficit hyperactivity disorder (ADHD) improve their concentration. Mayra Mendez, Ph.D., a licensed psychotherapist a...

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Wall Street finally meets Snapchat's $5 billion man

Wall Street finally meets Snapchat's $5 billion man

It is also registered an increase of 36 per cent on the 122 million daily users the app had this time past year. DAUs increased 5 per cent quarter-over-quarter, from 158 million in Q4 2016. While Fac...

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The Coca-Cola Company (KO) Closed at $43.85

The Coca-Cola Company (KO) Closed at $43.85

These analysts polled by Zacks Research now have a mean target price of $75.636 on the stock. Analyst recommendations and estimates are for informational purposes only and should be used along with ...

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Republicans Restrained In Response To Trump Intelligence Sharing With Russia

Republicans Restrained In Response To Trump Intelligence Sharing With Russia

Republican leaders are the only members to have heard from the White House on the topic so far. Comey's firing set off a political firestorm because he was overseeing an FBI investigation into whet...

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Israel in dispute with United States days before Trump's first visit

Israel in dispute with United States days before Trump's first visit

The Trump administration has vowed to do this multiple times but has demurred on the highly controversial move since assuming office. At Friedman's swearing in, Prime Minister Netanyahu also refer...

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School Budget Voting Taking Place Today

School Budget Voting Taking Place Today

Check back often for the latest results. There also were 17 write-in votes. "That's important. We need to get that resolved so that we can move past it". If the proposition fails, the money will r...

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South Korea recalls Hyundai cars, asks probe on cover-up

South Korea recalls Hyundai cars, asks probe on cover-up

The five alleged defects include brake vacuum lines for Avante, wheel lug nuts for Mohave, parking brake alert signals for Sonata and Genesis, engine control canisters for Genesis and Equus and fuel l...

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Donald Trump to inform Congress of Nafta talks next week: Mexico

Donald Trump to inform Congress of Nafta talks next week: Mexico

President Donald Trump had been tossing around the idea of exiting the North America Free Trade Agreement before deciding to re-think and re-negotiate. Guajardo also said that a dispute over sugar wit...

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Judge orders Uber not to use technology taken from Waymo

Judge orders Uber not to use technology taken from Waymo

The company said that the launch of self-driving pilot projects would accelerate its vision for transportation, while Waymo said the partnership would extend its reach to "more people, in more pla...

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Pence: US won't rest until N. Korea gives up nuclear weapons

Pence: US won't rest until N. Korea gives up nuclear weapons

Pence reiterated that after years of North Korea testing the USA and its neighbors in East Asia with its nuclear ambitions, the US "era of strategic patience is over". However, the United States is in...

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World's biggest cyberattack hits 150 countries, the threat is 'escalating'

World's biggest cyberattack hits 150 countries, the threat is 'escalating'

The U.K. and Russian Federation are among the worst-hit countries from Friday's cyberattack that continues to escalate throughout the world, according to EU Agency for Law Enforcement Cooperation ( Eu...

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SolarCity to start installing Tesla Solar Roof next month

SolarCity to start installing Tesla Solar Roof next month

The visually-impressive roof comes in four versions: smooth or textured glass, slate, and a Tuscan-style terra cotta. This is meant to ensure that homes have a uniform look without forcing homeown...

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Enthroned on Rs 1000 cr box office collection, Rajamouli mulling 'Baahubali 3'

Enthroned on Rs 1000 cr box office collection, Rajamouli mulling 'Baahubali 3'

Planned as a two-part epic, both the films, Baahubali: The Beginning and Baahubali 2: The Conclusion, were filmed simultaneously, filmed at an estimated budget of Rs 256 crore, making this the mos...

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China says it successfully tests new type of missile

Chinese President Xi Jinping is overseeing a sweeping modernisation of the country's armed forces, with an emphasis on technological innovation and naval capability as it seeks to project greater powe...

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Kushner family business cancels meetings with Chinese investors

Kushner family business cancels meetings with Chinese investors

Nicole Kushner Meyer's presentation to investors Saturday at the Beijing Ritz Carlton raised eyebrows across media and political circles when it was revealed she had emphasized to Chinese investors th...

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Trump Expected to Expand Laptop Ban to Flights From Europe, Officials Say

Trump Expected to Expand Laptop Ban to Flights From Europe, Officials Say

European security officials told the Daily Beast that the new protocols will be announced Thursday, just ahead of the busy summer travel season. The Department of Homeland Security (DHS) is evalu...

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Boeing halts test flights of new plane over engine issue

Boeing halts test flights of new plane over engine issue

Boeing said the MAX 9 will form the backbone of Primera Air's fleet, joining more than 3,700 MAX orders from 87 customers that it has accumulated to date. Boeing stated that the LEAP-1B engines were...

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Dakota Access pipeline leaked 84 gallons of oil in April

Dakota Access pipeline leaked 84 gallons of oil in April

Two barrels, or 84 gallons, of oil spilled within a containment area that has about 6 inches of gravel on top of a non-permeable liner covering the ground, said Vicki Granado, a spokeswoman for deve...

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Oil prices edge up in anticipation of extended crude output cut

West Texas Intermediate (WTI) crude oil prices are forecast to average $2 per barrel less than Brent prices in both 2017 and 2018, according to the report. Seven million barrels is roughly two days ...

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Feds evacuate workers at Hanford nuclear site

Plutonium production ended at the site in 1980 and the cleanup program began in 1989. Hanford said there's no indication of a release of contamination and no reports of injuries. The collapse wa...

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MTV Awards salute 'Beauty and the Beast,' 'Stranger Things'

MTV Awards salute 'Beauty and the Beast,' 'Stranger Things'

Meanwhile, the Best Actor in a Show prize went to Millie Bobby Brown for her striking performance in Stranger Things . 'Empathy and the ability to use your imagination should have no limits. This...

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Hertz Global Holdings, Inc (HTZ) Q1 Shows A Reversal

Hertz Global Holdings, Inc (HTZ) Q1 Shows A Reversal

The Beta for the stock stands at 2.24. Volume was more than 6 times the daily average of around 1.6 million shares. ( HTZ ) belongs to the "Services" sector with an industry focus on "Rental & Leasing...

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S&P 500 and Nasdaq Open Above Closing Records in Low-Volatility Trading

S&P 500 and Nasdaq Open Above Closing Records in Low-Volatility Trading

The Nasdaq Composite .IXIC was down 9.19 points, or 0.15 percent, at 6,091.57, after hitting a record high of 6,106.11. The Dow is down 31.16 points, or 0.1 percent. Since Donald Trump's election ...

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Target to test next-day essentials delivery

Target to test next-day essentials delivery

The service, dubbed Target Restock, is now being tested among employees in the Minneapolis area, where the company is headquartered. They can fill their virtual cart, and if placed before 1:30 p.m.,...

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Cinco de Mayo in Trump era leaves Mexican-Americans torn

Chuy's management says that Cinco de Mayo is their busiest day of the year when it comes to bar sales. Americans consume up to 81 million pounds of avocados on Cinco de Mayo every year. For tho...

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Energy shares lead Asian stock losses as oil falls under $45

Energy shares lead Asian stock losses as oil falls under $45

NAN reports that on December 10, 2016, OPEC won the backing of countries outside the oil cartel to join supply cuts for the first time since 2001, overcoming the final major obstacle for a global ag...

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Fenner plc (FENR) Receives Average Rating of "Buy" from Brokerages

The company had a trading volume of 117,292 shares. It has underperformed by 13.64% the S&P500. Investors sentiment decreased to 1.02 in Q4 2016. Its down 0.98, from 3.19 in 2016Q3. Finally, HSBC Ho...

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Puerto Rico turns to courts for debt protection

Puerto Rico turns to courts for debt protection

It set up a bankruptcy-like process tailor-made for Puerto Rico. By contrast, Puerto Rico is struggling with a public debt burden totaling $74 billion of outstanding bonds and $49 billion owed for p...

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GOP-led panel OKs bill to overhaul Dodd-Frank

GOP-led panel OKs bill to overhaul Dodd-Frank

Democrats warned the GOP bill will create the same conditions that led to the financial crisis and pushed the economy to the brink of collapse. Throughout the hearing, Democrats criticized Republi...

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Oil prices rise on expectation of output cut extension

Oil prices rise on expectation of output cut extension

Brent crude oil futures rose 0.72 dollar or 1.49 percent to close at USD 49.10 a barrel at NYMEX. On the New York Mercantile Exchange, light, sweet crude futures for delivery in June CLM7, +0.76% tr...

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Oil drops as OPEC loses control of narrative

Once that gave way, a key Fibonacci retracement and the low of the year were on the horizon, before paving the way to $45 a barrel. Analysts have struggled to explain the demand drop-off, but they poi...

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India board agree to Champions Trophy participation

India board agree to Champions Trophy participation

There were serious concerns over reigning champions India's participation in the ICC event after BCCI was unhappy with the new revenue model of the ICC, which would see the Indian board receive less r...

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North Korea accuses US, South Korea of assassination attempt

In the statement Friday, the ministry said in response to the alleged plot on Kim Jong Un, a "Korean-style anti-terrorist attack will be commenced from this moment to sweep away the intelligence and p...

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Trump tax plan: Relief for his voters but lots of unknowns

Trump tax plan: Relief for his voters but lots of unknowns

That doesn't leave much fat to trim, according to William Gale, who served as a senior economist on President George H.W. Bush's Council of Economic Advisers. People like him. Exactly like him. By con...

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(CHK) Shares Sold by Selz Capital LLC

Chesapeake is now utilizing 19 drilling rigs (above the 2017 first-quarter average of 16) across its operating areas, seven in the Eagle Ford Shale, five in the Mid-Continent area, three in the Haynes...

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Apple to give $1 billion boost to United States manufacturing

Apple to give $1 billion boost to United States manufacturing

The company has updated its United States job creation webpage yesterday, a move that coincided with a TV interview during which Tim Cook announced plans to promote manufacturing jobs in the country...

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Groupon, Inc. (GRPN) Closed at $3.43

The return on equity ratio or ROE stands at 8.9 percent while most common profitability ratio return on investment (ROI) was 8.8 percent. On average, analysts expect that Groupon will post $0.08 ear...

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Sensex slips 267.41 points, Nifty ends 74.60 points down

Sensex slips 267.41 points, Nifty ends 74.60 points down

Mumbai: Equities sank the most in six weeks as the Sensex crashed 267 points to close below 30,000 while the Nifty retreated from a life high amid a lower opening in Europe ahead of key U.S. The Bloom...

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EQT Midstream Partners, LP (NYSE:EQM) Analyst Coverage

EQT Midstream Partners, LP (NYSE:EQM) Analyst Coverage

The results surpassed Wall Street expectations. After having $1.04 EPS previously, Magellan Midstream Partners, L.P.'s analysts see -13.46% EPS growth. 08/22/2016 - Magellan Midstream Partners L.P. ha...

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