Money

Author: 0 Oil prices search for new ceiling on production agreement

News of the joint deal sent crude prices up more than 1.5 percent in Asian trading. So while Russian Federation and Saudi Arabia are doing all they can to induce a price rebound, they're also handing over valuable market share to their most dynamic competitors: American frackers.

Money Citigroup reiterated Persimmon PLC (LON:PSN) as 'Neutral'
Author: 0 Citigroup reiterated Persimmon PLC (LON:PSN) as 'Neutral'

Peel Hunt's price objective indicates a potential upside of 127.55% from the stock's current price. The rating was shown in a research report on Tuesday, 9 May. The company's market capitalization is GBX 755.29 million. It has a 18.43 P/E ratio. About 237,673 shares traded. RSA Insurance Group plc (LON:RSA) has risen 11.23% since October 4, 2016 and is uptrending.

Money Senate investigators want to know what Comey does about Trump
Author: 0 Senate investigators want to know what Comey does about Trump

We don't yet know how straight the line is from the FBI's investigation to Comey's dismissal, though Trump did indicate last week that the Russian Federation investigation played a role in his decision. And then, there's the question of recent demands by ranking Democrats on the House oversight, judiciary and intelligence committees for any possible White House recordings, transcripts or notes memorializing Trump's side of the story.

Money Snapchat Stock Tanks. Shaves $1 Billion From Evan Spiegel's Net Worth
Author: 0 Snapchat Stock Tanks. Shaves $1 Billion From Evan Spiegel's Net Worth

With $8 million in revenue, Snapchat likely sold around 60,000 pairs of Spectacles during the quarter. Snapchat has 166 million active users, which are up 5% from 158 million in Q4 2016 and represent a 36% increase year-over-year. Nomura and Pivotal Research both appear concerned, expecting Snap stock to fall to $14 and $9 per share, respectively. Confidence in Snapchat was dented last month when Instagram revealed its Stories feature had surpassed 200 million daily users, well ...

Money Dow Industrials Drop On Worries Over Political Turmoil In Washington
Author: 0 Dow Industrials Drop On Worries Over Political Turmoil In Washington

While ATHN stock was last seen up 18.5% at $125.99 and on track to close north of its 320-day moving average for the first time since last July, gains are being contained by familiar resistance in the $126-$127 region. Elstein says that about a 2-percent drop will get your attention, but is not a big deal in the grand scheme of things. The CBOE Volatility Index, a measure of expected swings in the S&P 500 over the next 30 days, rose more than 30%.

Author: 0 Cornell's death leads to cancellation of rock fest

The band's groundbreaking second album, 1991's Badmotorfinger came out just when Seattle's local mix of punk, metal, and hard rock- which eventually became billed as grunge - was crossing over into the mainstream. By 2001, he had helped found the supergroup Audioslave with several members of Rage Against the Machine . Fans of Cornell speculated that Cornell may have died as a result of autoerotic asphyxiation, but the medical examiner did not explicitly cite that as a cause of death.

Money The yellow metal hold gains as USA political crisis deepens
Author: 0 The yellow metal hold gains as USA political crisis deepens

However, challenges to gold's modest price rise may come from equity markets: In UK markets the FTSE has hit a record level as oil prices and commodities push up the index . The White House has denied that version of events. Although many market observers point to political unrest as the primary reason for the rise, we believe the underlying fundamentals have been in place for some time and will continue to push the gold price higher as the year advances.

Money US & EU Not Banning Laptops On Planes... Yet
Author: 0 US & EU Not Banning Laptops On Planes... Yet

IATA urged regulators to increase the screening of passengers , bags, and electronic devices for traces of explosives, and to do visual inspections of electronic devices, including turning on the device. Officials have said other measures are being considered. "If the ban was no going ahead it is a great result and a lot of credit should go to the European side for negotiating, but at the moment it is not so certain", the source said.

Author: 0 Amazon unveils Echo Show video streaming assistant

Sources familiar with the matter claimed that the new Amazon Echo will be able to support video calls and internet-based telephone calls, in addition to the skills developed for Alexa . Now Echo owners will have an easy, hands-free way to call or message other Echo owners using a big speaker, and others can use the Alexa app on Android or iOS to call friends or family with an Echo, which can be used sort of like a landline.

Money Dozens of protesters demand Brazilian president's resignation
Author: 0 Dozens of protesters demand Brazilian president's resignation

The columnist who reported the bombshell claims clarified today that he had not personally heard the recording but had had it described to him "in the most detail possible". Temer's office has denied the allegations that he endorsed paying off a witness. There were immediate demands for Temer's removal following O Globo's report .

Author: 0 Eight Lib Dem policies to improve life for young people

Any party seeking to lead the country after this election should be prepared to take bold action to safeguard them. The Lib Dem manifesto, which will be launched on Wednesday evening in east London, pledges to "protect Britain's place in Europe" and the party says it "continues to believe that there is no deal as good for the United Kingdom outside the European Union as the one it already has as a member".

Author: 0 THE HIGHLIGHTS: Warren Buffett talks about investing, technology, risks, and mistakes

In a March presentation, the firm said captial expenditure forecasts for the next two years have increased $4.6 billion from the prior year, primarily due to wind and solar energy projects. Buffett, 86, said that gross domestic product per person in the U.S. is six times higher now than when he was born, reiterating his optimism about the nation's ability to generate wealth.

Money GM to Stop Selling Cars in India
Author: 0 GM to Stop Selling Cars in India

The company had earlier planned to invest $1 billion for developing of smaller, low-priced cars as a part of its plan to capture market share in one of the world's fastest-growing vehicle markets. GM also said it would exit India; and it said in March it would leave Europe. The Talegaon plant has a capacity of 130,000 vehicles a year. Last year, Ford Motor had shelved its plans to produce a new compact auto family, designed mainly for emerging markets from India , as per a Reuters report.

Author: 0 Oil rises 2% after Saudi and Russian Federation back longer supply cut

The U.S. West Texas Intermediate crude June contract ticked up 27 cents, or around 0.6%, to $49.12 a barrel by 8:55AM ET (12:55GMT). "To underscore the determination of oil producers to ensure market stability, predictability and sustainable development - the joint actions of the participating producers should be extended by 9 months, through March 31, 2018", Saudi Arabia and Russian Federation said in a joint statement published Monday by Russia's energy ministry.

Money Nevada Becomes Eighth State To Ban Conversion Therapy
Author: 0 Nevada Becomes Eighth State To Ban Conversion Therapy

Sandoval, Martinez, Rauner, and Christie were each presented a proposed ban and given two choices: Sign it or veto it. The new law, passed this week by the state Senate, makes it illegal for licensed therapists, physicians and counselors to attempt to change the sexual orientation or gender expression of minors.

Author: 0 Wall St caps Trump-induced stocks selloff; dollar ticks up

Right now, the market has to weigh up whether the slide in stocks, the S&P 500 is down 40 points from this week's record high, is enough of a reflection of the political risk that has emerged in Washington. crude rose 13 cents to $48.79 per barrel in electronic trading on the New York Mercantile Exchange while Brent crude, used to price global oils, was up 24 cents to $51.89 per barrel in London.

Author: 0 First Republican In Congress Uses the I-Word: Impeachment

In fact, many leading liberals and Democrats were calling for impeachment even before President Trump took office. "That is what Congress does in conducting oversight of the executive branch", he said . Ryan abased himself by yoking his political dreams to the Trump administration, hoping that the hero of the party's base-white working-class voters-would put a populist sheen on his oligarchic policy agenda.

Money Putin to France's Macron: Let's 'overcome mutual mistrust'
Author: 0 Putin to France's Macron: Let's 'overcome mutual mistrust'

Addressing his supporters in the grand courtyard of the Louvre, Macron said he would defend France and Europe. Emmanuel Macron received words of encouragement form Greek leaders yesterday after winning France's presidential election on Sunday.

Money Alibaba reveals $6 bln share buyback as misses EPS forecast
Author: 0 Alibaba reveals $6 bln share buyback as misses EPS forecast

Alibaba's total revenue rose about 60 percent to 38.58 billion yuan ($5.60 billion) in the quarter ended March 31, versus an average forecast of 36 billion yuan according to Thomson Reuters I/B/E/S. Alibaba vice chairman Joseph Tsai told a conference call the company is seeking to capitalize on changes in the Chinese economy. "The March quarter is usually a slow season for e-commerce so margins usually come down a bit", said Ray Zhao, a Shenzhen-based analyst at Guotai Junan Securities Co.

Money USC wants to sell the Coliseum's naming rights to United Airlines
Author: 0 USC wants to sell the Coliseum's naming rights to United Airlines

The Coliseum is now undergoing much-needed renovations that will cost the school $270 million, so the sale is expected to help the school offset those exorbitant costs. The Coliseum, built in 1923, hosts the USC football team and serves as the home stadium for the NFL's Rams until construction on their $2.6 billion facility in Inglewood, Calif., is finished.

Author: 0 USA mortgage rates fall in latest week: Freddie Mac

That depressed the yields on long-term Treasury bonds, which mortgage rates tend to follow. The short term, popular 15 year fixed rate loans are listed at 3.125% at the bank and an April of 3.420%. Bankrate's national weekly mortgage survey is conducted each Wednesday from data provided by the top 10 banks and thrifts in 10 top markets. David Kuiper, vice president of Northpointe Bank in Holland, Mich., is one who predicts home loan rates will head lower.

Author: 0 Trump administration announces plans to renegotiate NAFTA

Trade Representative Robert Lighthizer told reporters on Thursday. US farmers exported 523 million bushels of corn to Mexico in 2016, with $2.5 billion coming back in the trade, according to the National Corn Growers Association. Commerce Secretary Wilbur Ross in Washington on May 15 and discussed how to replace a current sugar suspension agreement that limits the amount of sugar Mexico may export.

Money Second Senate committee invites Comey to publicly testify
Author: 0 Second Senate committee invites Comey to publicly testify

House Oversight Committee Chairman U.S. Sen. Citing anonymous officials, USA media reported on May 15 that during his May 10 meeting with Lavrov, Trump had disclosed highly classified information received from a us ally - reportedly Israel - about a planned operation by the extremist group Islamic State (IS).

Author: 0 Iran's vice president drops out of presidential race to support Rouhani

A survey by the state-affiliated Iranian Students Polling Agency published last week had moderate cleric Rouhani's support at 42%, hardliner Raisi's at 27% and Qalibaf's at 25%. Rouhani has criticized Raisi's past as a senior prosecutor in the 1980s when thousands of jailed dissidents were executed. While the lifting of nuclear-related sanctions has alleviated pressure on Iran's struggling economy, many European firms remain fearful of investing in Iran due to the remaining USA sanctions, some ...

Author: 0 Ford to cut 10 percent of global workforce

The No. 2 USA automaker said it must focus on "becoming as lean and efficient as possible" as it announced job cuts that will affect 1,400 of about 15,000 salaried workers in its North America and Asia divisions and will be completed by October.

Author: 0 Chinese fighter flew inverted above US Air Force jet over Yellow Sea

The US crew aboard the US Air Force WC-135 characterized the move as " unprofessional ", according to the statement from Air Force Lt. Col. Hodge. The WC-135, nicknamed the Constant Phoenix, is a radiation sniffer, a plane often used to collect information after North Korea tests a nuke.

Money US launches probe of Boeing dumping, subsidy claims vs Bombardier
Author: 0 US launches probe of Boeing dumping, subsidy claims vs Bombardier

The investigation results from a legal petition filed by Boeing on 27 April, in which the USA company alleged Bombardier sold CS100s at a major loss to Delta Air Lines as part of a strategy to build market share. -Canadian trade relationship, along with disputes over Canadian softwood lumber and USA milk protein products. Boeing estimated the aircraft cost $33.2 million to produce.

Author: 0 Portage, Mich., teen dies in Times Square crash, little sister hurt

The driver of the vehicle that careened through New York City's Times Square on Thursday was a U.S. Navy veteran who had been arrested at least four times before for offenses including drunk driving and threatening someone with a knife, according to police officials and public records.

Money Facebook to Stream MLB Game Each Friday
Author: 0 Facebook to Stream MLB Game Each Friday

To view the full article, register now. A game streamed each Friday night for the remainder of the season will be accessible to everyone on Facebook in the U.S. Unlike TV broadcasts, though, these Facebook streams will not include commercials "at the outset", according to a Facebook spokesperson. Facebook says it will stream a "feed from a participating team's local broadcast rightsholder" each week.

Money Amazon Debuts a New Bestseller List for Books
Author: 0 Amazon Debuts a New Bestseller List for Books

Is it worth having an Amazon Prime account? Amazon Prime Reading is now available in the United Kingdom, offering access to thousands of books, magazines and comics each month as part of a user's existing Prime subscription package. You can find out more details about the new Amazon Prime Reading service in the United Kingdom over at Amazon at the link below. Comics like Star Wars and Guardians of the Galaxy are available, as are short stories and essays that are offered under ...

Money Dick's Sporting Goods cutting 160 jobs in Pittsburgh-area
Author: 0 Dick's Sporting Goods cutting 160 jobs in Pittsburgh-area

Barclays Capital maintained the shares of DKS in report on Wednesday, August 17 with "Equal-Weight" rating. Finally, Stifel Nicolaus restated an outperform rating and set a $65.00 target price on shares of Dicks Sporting Goods in a research note on Sunday, April 23rd.

Money Uber Freight launches to connect truck drivers with available shipments
Author: 0 Uber Freight launches to connect truck drivers with available shipments

Late past year, reports were released that said Amazon is working on an on-demand freight service, while a whole class of start-ups are focused on building self-driving long-haul trucks. Like the ride-hailing service, Uber Freight will be available via an app, although it's one that's probably a lot different than the one you're used to.

Money Oil Market Is Rebalancing Yet OPEC's Work Not Finished, IEA Says
Author: 0 Oil Market Is Rebalancing Yet OPEC's Work Not Finished, IEA Says

The market reaction reflected how far the commitment went beyond market expectations: the consensus view over the weekend was that the output deal would be extended through the end of the year, while some market participants were also concerned that Saudi Arabia and Russian Federation, the two biggest exporters, would abandon restraint completely rather than lose any more global market share to American producers.

Author: 0 NHS provides outpatients updates following cyber attack

The organisation also recommended that trusts ensure security software patches were up-to-date and that up-to-date virus software was also being used. GP practices will be working to get back to full operational capacity and concentrating on prioritising patients with the greatest needs. Security minister Ben Wallace said that the NHS had followed "pretty good procedures" in dealing with the attack.

Money Treasury's Mnuchin says still hopes for tax reform this year
Author: 0 Treasury's Mnuchin says still hopes for tax reform this year

Tax reform is a major goal of President Donald Trump , who often cites the USA corporate tax rate of 35 percent - the highest in the industrial world - as one reason the United States has not had a single quarter with a 3 percent annual growth rate since prior to the Great Recession.

Money Senate Russia investigators invite Comey to testify, seek documents
Author: 0 Senate Russia investigators invite Comey to testify, seek documents

In a statement , Chaffetz said that he had always meant for his time in Congress to be temporary, and that he's looking forward to spending more time with his family. " We need to have all the facts, and it is appropriate for the House Oversight Committee to request this memo ", AshLee Strong, a spokeswoman for Ryan, said in a statement .

Money Astros-Yankees Split Doubleheader as Yanks Retire Derek Jeter's No. 2
Author: 0 Astros-Yankees Split Doubleheader as Yanks Retire Derek Jeter's No. 2

Sunday marked the 22nd time a Yankee's number was retired, but Jeter's one-of-a-kind career made the evening's festivities that much more special for everyone in attendance. I say this very humbly, there is isn'tt a person or a player I would trade places with that's playing now or ever. According to NewJersey.com, Jeter - who's expecting his first child with wife Hannah Davis - candidly laughed that no, he's not really ready.

Author: 0 White House delays decision on Paris climate deal

Please keep the U.S.in the Paris Climate Agreement. Meanwhile, a wave of worldwide and domestic lobbying has intensified, with foreign allies and many corporations calling for the U.S.to stick with the deal, even as USA political conservatives push for a withdrawal - matching a similar tension between internationalists and conservatives within the White House itself.

Author: 0 Chris Cornell dead at 52

With his powerful, almost four-octave vocal range, Cornell was one of the leading voices of the 1990s grunge movement with Soundgarden, which emerged as one of the biggest bands out of Seattle's emerging music scene, joining the likes of Nirvana, Pearl Jam and Alice in Chains.

Money Atria Investments LLC Has $457000 Position in Morgan Stanley (MS)
Author: 0 Atria Investments LLC Has $457000 Position in Morgan Stanley (MS)

PMF Integro Fund I will invest in private equity funds that "offer the potential for compelling financial return while demonstrating positive environmental impact, social impact or both". "WARNING: "[[title]]" was first published by [[site]] and is the sole property of of [[site]]. 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 calls and talk to managers and the customers of a ...

Money USA immigration arrests up 40pc under Trump
Author: 0 USA immigration arrests up 40pc under Trump

Meanwhile, the increase in arrests of people with criminal convictions on their record was less than 20 percent (from 25,786 to 30,473). However, when we encounter others who are in the country unlawfully, we will execute our sworn duty and enforce the law.

Money Environment Minister Dave passes away
Author: 0 Environment Minister Dave passes away

Harsh Vardhan, who is also minister for Earth Sciences, was given the additional charge after the sudden death of Dave in his official residence in New Delhi, today. The Parishad organised the recently concluded Narmada Sewa Yatra. Moreover, he also facilitated several performances of Janata Raja , a show based on the life of Chhatrapati Shivaji Maharaj across the country.

Money West Virginia lawmakers call it a day after Justice appeal
Author: 0 West Virginia lawmakers call it a day after Justice appeal

Motor towing, mini-warehouses and self-storage, collection agencies, private investigators, security guards and nonveterinary pet care now don't collect sales tax. "Once an entitlement occurs, once an exemption occurs, once a credit occurs, it's nearly impossible to take it away". "It's a new fee on consumers, some of them are on fixed income, we tried to get it a low as we can", Denning says.

Money Scotiabank Increases Yamana Gold Inc. (AUY) Price Target to $4.00
Author: 0 Scotiabank Increases Yamana Gold Inc. (AUY) Price Target to $4.00

Finally, Bank of America Corp cut Yamana Gold from a "neutral" rating to an "underperform" rating and set a $2.80 target price on the stock.in a research note on Wednesday, February 22nd. "( AUY ) Stock Rating Upgraded by Vetr Inc." was reported by Sports Perspectives and is the sole property of of Sports Perspectives. If you are accessing this news story on another domain, it was illegally stolen and republished in violation of USA & worldwide trademark & copyright legislation.