Money

Author: 0 Trade deal feeds China taste for beef, won't close deficit

Nebraska Cattlemen members have stepped up repeatedly to help foster a growing relationship with China. Foreign-owned firms will also be able to provide credit rating services in China. Shares of U.S. Steel (X.N), which have taken a dramatic fall after soaring the wake of Trump's election, dropped 1.9 percent on Friday, while shares of Nucor (NUE.N) were off 0.3 percent.

Money China-made jet takes off in maiden flight
Author: 0 China-made jet takes off in maiden flight

The flight makes China the fourth jumbo jet producer after the United States, Western Europe and Russian Federation. The plane took off at 2:00 pm (0600 GMT) and was expected to fly for an hour and a half as ministers, COMAC staff, company partners and others looked on.

Author: 0 Burberry Group plc (BRBY) Stock Rating Upgraded by Credit Suisse Group AG

Barclays PLC raised shares of Drax Group Plc to an overweight rating and lifted their target price for the company from GBX 400 ($5.17) to GBX 410 ($5.30) in a report on Friday, April 28th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and six have given a buy rating to the company. Therefore 67% are positive.

Money What Trump didn't know or says he didn't about his man Flynn
Author: 0 What Trump didn't know or says he didn't about his man Flynn

Former acting Attorney General Sally Yates testified before a Senate committee, and she said Flynn served for a time in his sensitive job while potentially compromised by Russian Federation. Spicer asked, "If President Obama was truly concerned about General Flynn, why didn't he suspend General Flynn's security clearance, which they had just re-approved months earlier?" When asked for evidence of to back up his assertion, Spicer said Yates was " widely rumored to play a role" in Clinton's ...

Author: 0 New South Korean president talks to China, Japan leaders

In a press statement attached to its letter, North Korea's UN mission accused the United States of trying to intimidate countries into fully implementing UN sanctions by "openly threatening that they would be faced with "strong measures of sanction" by the U.S.".

Author: 0 Markets Right Now: Retailers lead US stocks indexes lower

Small-company stocks fell more than the rest of the market. "The big story of the day really is the market is taking the Comey firing pretty well, considering it further decreases the prospects for tax reform, infrastructure spending, any sort of stimulus", said Karl Haeling of LBBW.

Author: 0 Tunnel collapses at United States nuke site, no radiation leak

On Tuesday morning, about six Hanford employees, on routine rounds, noticed that an area of soil over one of the tunnels had sunk, Destry Henderson, an Energy Department spokesman, said . Operated by the federal government, it was established in the 1940s and manufactured plutonium that was used in the first nuclear bomb as well as other nuclear weapons.

Money Snapdeal breaks at $1Billion to merger with Flipkart
Author: 0 Snapdeal breaks at $1Billion to merger with Flipkart

As per various reports, the term sheet with Flipkart could be signed soon and the due diligence for the deal would commence immediately thereafter. The year 2017 sees yet another consolidation with Paytm signing a non-exclusive term sheet to acquire Freecharge .

Author: 0 Top Intel Dem demands release of Trump's 'tapes' on Comey

Seth Meyers found the shifting stories from President Donald Trump and his team surrounding the sudden firing of former FBI Director James Comey disturbing. There were also varying descriptions of when and how that decision was made. Here's the president in yesterday's NBC interview. "Regardless of recommendation I was going to fire Comey".

Author: 0 Australian conservative government to raise taxes on five biggest banks

Commonwealth Bank chief executive Ian Narev said on Friday said the chief executive of Qantas, Alan Joyce, had said other leaders outside banking were anxious other sectors could be targeted next. NAB chief executive Andrew Thorburn said it is not possible to impose a tax without an impact on people. The BBA said that the meeting was the first time banks had been consulted on the new tax.

Money 1st Large Made-in-China Passenger Jet takes Off on Maiden Flight
Author: 0 1st Large Made-in-China Passenger Jet takes Off on Maiden Flight

Already the second-largest commercial aviation market for passengers in the world, China is expected to surpass the U.S. by 2024. Royce predicted that demand for the C919 will be cantered in the Chinese market and a few satellite markets in the early years of service.

Author: 0 Oil rises as countries join OPEC cuts, United States inventory falls

The bullish inventories report came in after crude prices dipped 1% when EIA highlighted its near-term outlook for US oil production and reiterates its estimates for oil prices. Due to the higher supply expected from outside producers, OPEC trimmed forecast demand for its crude in 2017 to 31.92 million bpd, down 300,000 bpd from the previous forecast and not far from current production.

Author: 0 Snapchat shares slide as growth slows

Snap posted revenue of $149.65 million, up close to 300 percent over this time past year, and annual growth in the number of daily active users of 22 percent to 166 million users. The company added three million in Europe to hit 55 million DAUs. Snap calculates its ARPU as quarterly revenue divided by the average Daily Active Users.

Money Banks tipped off to new tax: Hinch calls for investigation
Author: 0 Banks tipped off to new tax: Hinch calls for investigation

Speculation that this levy would be part of the budget announcement saw nearly $14 billion wiped off the banks' stocks on Tuesday. Australian Budget have instituted a 0.06 percent increase in the annual levy on the liabilities of the country's five biggest banks, which will reportedly gather A$1.5 billion (NZ$1.6b).

Author: 0 Trump congratulates South Korea's Moon on election win

But challenging Washington on THAAD would be hard for Moon, despite widespread opposition to it in South Korea - especially after Trump suggested South Korea should pay the roughly $1 billion bill for it - and loud protests from China, which claims the system is a security threat.

Money Sheriff: Gunman kills police chief, 2 nursing home workers
Author: 0 Sheriff: Gunman kills police chief, 2 nursing home workers

Thorp said law enforcers were still working to determine what, if any, relationship the man had with the nursing home. Rogers says she heard several other gun shots, then a man "yelling and screaming". When they entered the nursing home, the gunman and the workers were dead, he said. Chief Steven Eric Disario, 36, had been on the job for only three weeks, member station WOSU reports .

Author: 0 North Korea plans sixth nuclear test

A source with knowledge of the latest talks said the venue was the Norwegian capital, Oslo, and the United States delegation was led by Suzanne DiMaggio, a director and senior fellow at the New America think tank. "We don't know what he is going to do", Song said. "I think what the Trump Administration is trying to say to the Chinese". "For a psychopath like the [expletive] Gardner, to hurl evil accusations at our highest dignity, is a serious provocation", the spokesman said.

Author: 0 U.S. Rep. John Faso defends his vote on health care

Outrageous and false claims have attempted to frighten people that pre-existing conditions won't be covered. As with nearly all of the recent Republican legislative pushes, their focus is on improving the lot of the economic elite, financial institutions, businesses and corporations by getting rid of any obstacles to improving profits.

Money Overblown claim on new China trade deal
Author: 0 Overblown claim on new China trade deal

Because of the numerous harvest plants in Nebraska, this announcement will impact all Nebraska beef producers more than any other state in the U.S. Currently, product equivalent of 2600 head of cattle is exported worldwide from Nebraska every day.

Author: 0 Tim Cook: Apple Watch Sales Doubled In the Last Quarter

On a conference call with analysts, Cook griped that an endless barrage of leaks about the next iPhone - branded alternately by Apple watchers as the " iPhone 8" or the " iPhone X" - appear to have curbed sales of the current iPhone 7. Apple CEO Tim Cook announced today that the iPhone maker will be putting $1 billion of its roughly $256 billion cash hoard into a U.S. advanced manufacturing fund.

Author: 0 Macron tells Trump he will defend Paris Agreement

One option said to be under consideration is full withdrawal, which would fulfill Trump's campaign promise to "cancel" the deal as president. High-profile supporters of the deal on Monday urged the U.S.to stay in the Paris accord. The Paris agreement is an worldwide accord entered into by more than 100 developing countries pledging to cut greenhouse gas emissions. The Paris accord calls for limiting the global average temperature increase since the industrial revolution to 2 degrees ...

Author: 0 EU demands urgent talks with Washington over airline laptop ban

The industry anxiety follows a report from Reuters that the Trump administration was considering expanding a ban on laptops - now in effect on usa -bound flights from some airports in the Middle East and Africa - to some flights from Europe.

Money Trump, China Reach Preliminary Trade Agreements on Beef, Poultry
Author: 0 Trump, China Reach Preliminary Trade Agreements on Beef, Poultry

In one of the actions laid out under the agreement, by July 16, China agreed to issue guidelines that would allow USA -owned card payment services "to begin the licensing process". In return, Chinese cooked chicken will be allowed into the U.S. market and Chinese banks can enter the USA market. Gary Cohn, director of the National Economic Council, has voiced support for an LNG terminal in the U.S.

Author: 0 Tunnel collapse renews safety concerns about nuclear site

It was originally created to hold rail cars for carrying equipment for use in processing plutonium, and some of those contaminated cars are still in the sealed tunnels. "It's the latest in a series of alarms that the safety and health of Hanford workers and our citizens are at risk", Bellon said. "At that point, after noticing the soil had sunk over one of the tunnels, there was an emergency declared", Henderson said.

Author: 0 Equity Focus: Looking Closer at Shares of Physicians Realty Trust (NYSE:DOC)

The company reported its EPS on 05/05/2017. P/E provides a number that details how many years of earnings it will take a stock to recoup the value of one share at current price levels. Horizon Investments LLC bought a new stake in shares of Federal Realty Investment Trust during the fourth quarter worth about $479,000. The Stock now has a Weekly Volatility of 2.71% and Monthly Volatility of 1.89%.

Author: 0 DHS Considers Carry-On Laptop Ban On Flights From Europe

A congressional official said Homeland Security was likely to expand the ban soon, but did not say when or to what airports. Airlines and several countries affected by the electronics ban have pushed for more consultation with American and British regulators after the abrupt introduction of the restrictions took the industry by surprise.

Author: 0 Brawl At Airport, Spirit Airlines Cancels 11 Flights

Broward County deputies attempted to restore order, and said three people were arrested. They were being held Tuesday at the Broward jail in lieu of $10,000 bond each. The irate passengers approached the ticket counter to complain to airline personnel and get ticket purchases refunded. The cancellations left hundreds stranded at the airport Monday night.

Money US, South plotting to kill Kim Jong
Author: 0 US, South plotting to kill Kim Jong

In fact, the US and North Korea's relationship has become so strained that China - North Korea's main ally - told the two countries to "stop irritating each other". The allegations made by North Korea are detailed. In February, China suspended all imports of coal from North Korea as part of its effort to implement United Nations Security Council sanctions aimed at stopping the Pyongyang's nuclear weapons and ballistic-missile program.

Author: 0 Fed says slowdown in United States growth is temporary

But it has been at record lows since the financial crisis as central bankers sought to boost the economy. Many economists also discounted the weak first quarter, which was held down by lower consumption, as an anomaly frequently seen in the first three months of the year.

Money China's C919 airliner gets set to challenge Airbus and Boeing
Author: 0 China's C919 airliner gets set to challenge Airbus and Boeing

So far, Comac has received orders for 570 of the new airliners from 23 customers, majority from Chinese airlines and leasing companies. China's first large jetliner took its maiden flight on Friday, performing a series of test maneuvers in hazy skies near Shanghai.

Money US, China reach deals on access for beef, financial services
Author: 0 US, China reach deals on access for beef, financial services

Chinese companies will be provided a possibility to buy more natural gas in the USA. The deal was unveiled a month after Chinese President Xi Jinping and Donald Trump launched a 100-day action plan on economic cooperation during their meeting at the USA leader's Mar-a-Lago resort in Florida.

Author: 0 New Hamas chief backs hunger-striking prisoners

Hamas has sharply criticized Abbas' political program, which rests on setting up a Palestinian state in the West Bank, Gaza Strip and east Jerusalem, lands Israel captured in the 1967 Mideast War. Hamas also attracted media attention earlier this week after it released a new policy document that nominally softens its official position on Israel while still calling for "the complete liberation of Palestine".

Author: 0 China champions globalization with new Silk Road summit

He will also attend the leaders' roundtable sessions on the second day of the forum. "Apples produced in our standardized plantations are popular in the European and United States market", Wei Zengjun, Shaanxi's deputy governor, said at a news conference ahead of the Belt and Road Forum for International Cooperation, which starts on Sunday.

Money Rising yields boost dollar, euro after French vote
Author: 0 Rising yields boost dollar, euro after French vote

Macron's overwhelming win on Sunday briefly pushed the euro sharply higher against the greenback, the highest since the US presidential election in November. The UK's benchmark FTSE 100 closed down by 0.1 percent, FTSEurofirst 300 ended the day down by 0.18 percent, Germany's Dax ended down 0.1, and France's CAC finished the day down by 1 percent.

Author: 0 James Comey committed atrocities as Federal Bureau of Investigation chief: White House

Rosenstein was upset when he started to be painted as the person whose recommendation President Trump acted on when choosing to relieve Comey of his duties, an anonymous person close to the White House told the Washington Post . "It makes me mildly nauseous to think we might have had some impact on the election", Mr Comey said. "Frankly, he'd been considering letting Director Comey go since the day he was elected", White House spokesperson Sarah Huckabee Sanders said, a sharply different ...

Money US rig count rises 8 this week to 885; Texas up 8
Author: 0 US rig count rises 8 this week to 885; Texas up 8

WTI was down by 0.4% at $47.64 per barrel after the rig-count release. The offshore count, now at 21 overall, is down one rig year over year. The increase extended the longest stretch rig additions in six years, illustrating that drillers are finding efficient ways to ramp up production in a lower oil-price environment.

Money Moller-Maersk profit up as oil unit improves, shipping lags
Author: 0 Moller-Maersk profit up as oil unit improves, shipping lags

Although higher fuel costs saw Maersk Line report a loss of $ 66 million in the first quarter, Skou said demand had been better than expected and the group's forecast for 2-4 percent growth in global demand for seaborne container transportation this year may prove too conservative.

Money Anthem ends Cigna bid, vows to fight for damages
Author: 0 Anthem ends Cigna bid, vows to fight for damages

But Laster's action lets Cigna off that hook, likely marking the end of the troubled merger. Indianapolis-based Anthem terminated its merger agreement with Bloomfield, Conn. But when that appeal failed, the insurer sought a 60-day extension to keep Cigna in their contract while Anthem attempted to appeal the case to the U.S.

Author: 0 Wpp Plc (WPP) Stock Rating Reaffirmed by Barclays PLC

Therefore 100% are positive. Man Group plc is the holding company for the Man group of companies and affiliated entities (the Group). The stock of AstraZeneca plc (LON:AZN) has "Hold" rating given on Tuesday, October 4 by Liberum Capital.

Author: 0 North Korea Demands Handover Of Suspects In Assassination Plot

Pyongyang will seek the extradition of anyone involved in what it says was a CIA-backed plot to kill leader Kim Jung Un last month with a biochemical poison, a top North Korean foreign ministry official said Thursday. As for curbing North Korea's nuclear and military ambitions, both leaders agreed they should be willing to negotiate with the regime, but also enforce sanctions if necessary.

Money Greece can return to markets 'much before' mid-2018 - ESM's Frankel
Author: 0 Greece can return to markets 'much before' mid-2018 - ESM's Frankel

There is not enough clarity yet. The IMF has made debt relief for Greece a condition for its participation in the latest bailout for Athens, the third one since 2010. While Greece is not on the official agenda of the G7 financial leaders meeting, it will be discussed on the sidelines because all the main players needed for a deal will be present, officials said on Thursday.

Author: 0 Microsoft introduces new Surface Laptop, system upgrades at EDU event

While many, us included, scoffed at the price-tag, it's a whole lot worse for punters in the UK. The new laptop weighs 2.76 pounds embedded with 4GB of RAM. Can Windows 10 S take a serious slice out of Google's share of the education market? Well, you see, Microsoft decided that Windows 10 S will only run Windows Store-certified apps.

Money Centurylink Inc (CTL) Receives $26.71 Consensus Target Price from Analysts
Author: 0 Centurylink Inc (CTL) Receives $26.71 Consensus Target Price from Analysts

Tracking most recent quarter period, Price to book (P/B) ration is at 1.02 and Price to cash per share ration is at 68.74. Several institutional investors have recently modified their holdings of CTL. Over the last three months, the shares of the company have changed 5.12% and performed 12.53% over the last six months. CTL generated revenue of $4.39 Billion in the same quarter, one year ago.

Money Deutsche Bank Indicated Noble Corporation (NYSE:NE) As 'Hold'
Author: 0 Deutsche Bank Indicated Noble Corporation (NYSE:NE) As 'Hold'

Several other research analysts have also recently issued reports on NBL. One Month Ago Analyst Ratings: 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 company, typically in an attempt to capture the findings for a research report.

Money SoftBank's Profit Zooms on Sprint Turnaround, Alibaba
Author: 0 SoftBank's Profit Zooms on Sprint Turnaround, Alibaba

Sprint , which has been reporting financial losses since 2007, reported a loss of $0.07 per share on $8.5 billion in revenue during Q1 2017. T-Mobile being bought by SoftBank will result in consumers and channel partners having fewer national wireless competitors to choose from, according to one telecom solution provider that requested anonymity.

Money Is This Why Acadia Pharmaceuticals Inc. Is Plunging Today?
Author: 0 Is This Why Acadia Pharmaceuticals Inc. Is Plunging Today?

On average, analysts anticipate that ACADIA Pharmaceuticals will post ($2.85) earnings per share for the current fiscal year. The stock grabbed 32 new institutional investments totaling 1,488,500 shares while 37 institutional investors sold out their entire positions totaling 3,747,218 shares.

Money Kremlin says 'too early' to speak of thaw in Russia-US ties
Author: 0 Kremlin says 'too early' to speak of thaw in Russia-US ties

Peskov said both Trump and Russian President Vladimir Putin are expected to be at the G20 summit in Germany in July, which "could serve as a good occasion" for them to meet. Sanders added that it was "proper protocol" to close a meeting to the press when Trump is meeting with a foreign official who is not a head of state.

Money Buffett: United Airlines Made A 'Terrible Mistake' In Passenger Incident
Author: 0 Buffett: United Airlines Made A 'Terrible Mistake' In Passenger Incident

Buffett also said airplanes "may become like cattle cars", but that's because a significant number of passengers will put up with crowding in exchange for cheaper fares. "We have an extraordinary group of good managers", Buffett said. Nonetheless, the "hatred" pervading American politics could impede any such agreement between Democrats and Republicans, Munger said on CNBC .