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Apple Gets Serious On Its iPad Product

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There is a better dock, you can split the screen in new and more flexible ways, and crucially you can drag and drop between apps on your device. The former is a new GPU set that will first debut with Apple's iMac Pro . The iMac Pro is extremeley impressive on paper, but isn't ready for testing just yet. The larger capacity is expected, and will certainly play a role in one of the most significant technical upgrades, the display's 120Hz refresh rate , AKA ProMotion , which is double what ... Read More »

Chinese insurance tycoon detained

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Other senior managers are authorized to carry out Wu's responsibilities and operations are normal, the Beijing-based company said in a statement posted on its website. Ping An Insurance Group Co. slid as much as 3 per cent. Anbang isn't publicly traded. The aggressive investment style of insurance companies and the potential mismatch of liabilities and assets caught the attention of the authorities at the end of past year. Read More »

Court approves Marsh deals to sell 26 grocery stores

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The deal hinges on the outcome of a dispute between Marsh and CVS Pharmacies. Topvalco, Inc., a subsidiary of Kroger, hopes to assume contracts for the leases of 11 Marsh stores, including the two Zionsville Marsh stores, at 10679 N. Greensburg, Ind . - Findlay, Ohio-based Fresh Encounter , Generative Growth II LLC has purchased 15 Marsh stores including locations in Greensburg and Columbus. Read More »

Movers of Yesterday - Southern Co (NYSE:SO), Murphy Oil Corporation (NYSE:MUR)

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About 13.86 million shares traded. It has underperformed by 2.65% the S&P500. Vince Maddi decreased its stake in Marathon Pete Corp ( MPC ) by 51.95% based on its latest 2016Q4 regulatory filing with the SEC. They now have a Dollars 55 price target on the stock. The firm has "Neutral" rating by TH Capital given on Thursday, September 1. As per Thursday, May 19, the company rating was initiated by UBS. Read More »

US consumer prices slipped 0.1 percent in May

Further rate hikes are likely to depend on the outlook for inflation and economic growth. The consumer-price index, which measures what Americans pay for everything from dog food to doctors' visits, declined a seasonally adjusted 0.1% in May from the prior month, the Labor Department said Wednesday. Read More »

US oil production seen thwarting OPEC effort to boost prices

This figure is only shipments by tanker and is filtered to show vessels that have already discharged, are discharging or are en route to their destination. OPEC and 11 rival exporters including Russian Federation have agreed toextend an existing deal to limit supply by 1.8 million bpd toMarch 2018, in order to cut global inventory levels. Read More »

Fed Raises Rates, Maintains Forecast for One More Hike

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The policymakers now expect their favored measure of inflation to come in at 1.6 percent this year, down from the 1.9 percent they expected in March and below their 2 percent target. In any event, interest-rate projections for 2018 and 2019 are becoming less reliable guides to future policy amid the likelihood that the Fed's Board of Governors will see a major makeover in the next year. Read More »

OPEC May output highest since January

Tuesday evening the American Petroleum Institute (API) reported that crude inventories fell by 4.6 million barrels in the week ending June 2. Traders said an ongoing fuel supply overhang was keeping prices under pressure despite a pledge led by the Organization of the Petroleum Exporting Countries ( OPEC ) to hold back nearly 1.8 million barrels per day (bpd) of production until the first quarter of 2018. Read More »

Amazon Prime Reload: Deal or no deal?

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So, if you put $100 into your Gift Card Balance, you'll get $102 to spend. More information on Amazon Reload and the other cash back credit cards is on the just revamped Prime Rewards section on Amazon's website . There are better perks to be had, however, starting with Amazon's own Prime Rewards Visa Card, which pays you back 5 percent on all Amazon purchases; 2 percent at restaurants, gas stations and drugstores; and 1 percent everywhere else. Read More »

Cabot Oil & Gas Corporation (COG) Upgraded to Outperform at Macquarie

Rhumbline Advisers reported 0.02% stake. Chicago Equity Prns Limited Liability Company accumulated 337,390 shares. Td Asset Mgmt Inc stated it has 166,533 shares. Since May 5, 2017, it had 0 insider buys, and 1 insider sale for $90,136 activity. The Piotroski score is a discrete score between 0-9 that reflects nine criteria used to determine the strength of a company's financial position. Read More »

Stocks, dollar firm ahead of Fed decision

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Neel Kashkari, chair of the Federal Reserve Bank of Minneapolis, wanted to maintain the existing target range for the federal funds rate . Any signal that the US central bank is moving towards a reduction in its holdings of more than $4 trillion in Treasuries and mortgage-backed securities might have some more impact. Read More »

Oil Price Forecasts Lowered on Crude Glut

Brent crude ended the session 45 cents, or 0.9%, lower at $51.84 a barrel, while United States light crude fell 14 cents, or 0.3%, to $49.66. Meanwhile, all eyes will be glued to Thursday's U.S. "We do expect prices eventually to gain some upwards momentum because of excess demand, but in the short term market sentiment remains bearish", the bank said. Read More »

Bill Cosby Sexual Assault Trial: Jury Deliberates for Third Day

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Judge Stephen O'Neill says a court reporter is racing to transcribe that portion of last week's testimony. Constand denied there was any romance between them and told jurors she had rebuffed his advances before the assault. Jurors began their second day of deliberations Tuesday by hearing more from Cosby's deposition testimony. Prosecutors reopened a criminal investigation and filed charges in 2015 after Cosby's deposition in the woman's 2005 lawsuit was unsealed, and they realized the ... Read More »

Fed raises key rate, unveils plan to reduce bond holdings

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She declined to say whether she would like to serve a second term. The Fed foresees one additional rate hike this year but gave no hint of when that might occur. The move, to a still-low range of 1 percent to 1.25 percent, will likely lead to somewhat higher rates on some consumer and business loans. Now it's making plans to reduce those holdings, which total more than $4 trillion. Read More »

Consumer goods costs may fall by up to 20% with GST introduction

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Hence, CITI is of the view that it would be justifiable to retain the same at 5 per cent GST slab. He also reiterated the demand of the industry for reducing GST rate on manmade fibre, filaments and spun yarn from 18 to 12 per cent. He explained that this would now help SMEs of powerloom, knitting and processing sectors not to face much financial burden. In a statement, Confederation of Indian Textile Industry Chairman J Thulasidharan said the industry is apprehensive about the ... Read More »

SunTrust Robinson Humphrey Cuts Rating On First Potomac Realty Trust of (FPO)

The stock increased 1.22% or $1.38 during the last trading session, reaching $114.7. About 347,060 shares traded. It has outperformed by 20.71% the S&P500. JPMorgan Chase & Co. now owns 4,584,977 shares of the real estate investment trust's stock valued at $459,920,000 after buying an additional 367,657 shares during the period. Read More »

Australia's Crown says employees charged with gambling offences in China

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Casino operator Crown Resorts says its employees who were detained in China past year have been formally charged with illegally promoting gambling. It added that Chinese authorities had referred the cases to the Baoshan District Court. Under Chinese law, foreign casinos aren't allowed to directly advertise gambling in China. The most senior of those arrested, Australian father-of-two Jason O'Connor, is the company's executive general manager in charge of worldwide VIP relations. Read More »

Kashmir: 10 soldiers injured in grenade attack

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Nine security personnel were injured in a grenade attack on their Central Reserve Police Force (CRPF) camp in Tral in South Kashmir's Pulwama district today. He said no damage or injuries were caused in the militant attack. In another attack, militants attacked 116 bn CRPF party at Sarnal, Pahalgam in Anantnag district. Read More »

Trump clings to coal as worldwide demand plummets

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The year's low prices drove demand for oil higher by 1.6%, while growth in production was limited to only 0.5%. Renewable energy made big gains, according to the report, growing 14 per cent in 2016. Global oil consumption grew strongly, rising by 1.6 percent, or 1.6 million barrels a day (mmb/d), above the 10-year average rate for a second consecutive year. Read More »

Sessions' testimony to Congress Tuesday to be open to public

Jeff Sessions , a longtime senator until President Donald Trump picked him as USA attorney general, heads to Congress this coming week when he will face a grilling about his Russian interactions. He said deputy attorney general Rod Rosenstein would appear before the sub-committees. He said Trump reached out to him again after the inauguration but he refused to call back, shortly before he was sacked. Read More »

Germany: Climate will last longer than Trump presidency

President Donald Trump's decision to pull the U.S. out of the Paris climate agreement. He went on to say that CARICOM, being one of the areas hit the hardest by climate change, will remain vigilant in its commitment, and is encouraged that the majority of nations are doing the same. Read More »

Redrow plc (RDW) Rating Reiterated by Liberum Capital

It has outperformed by 45.36% the S&P500.The move comes after 6 months positive chart setup for the $9.90B company. Below is a list of Esure Group PLC (LON:ESUR) latest ratings and price target changes. Kistler invested 0.03% in Prudential plc (LON:PRU). Westpac Bk reported 8,146 shares. Moreover, Stifel Fincl has 0.01% invested in INFORMA PLC ORD 0.1P (LON:INF) for 118,021 shares. Read More »

House passes bill to deny health insurance tax credits to illegal immigrants

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Though considerable attention will be focused on the White House lunch, another key meeting will come later on Capitol Hill when Republican senators meet on their own to discuss health care . And Collins said Trump was "receptive" to "suggestions" about cost-sharing reduction payments that lower deductibles and co-payments. Senate aides said the Senate bill was not expected to touch insurance protections that are included in Obamacare for people with pre-existing medical conditions, after ... Read More »

Schiff says firing Mueller would echo Watergate

WASHINGTON (AP ) - Attorney General Jeff Sessions heatedly denied on Tuesday having an undisclosed meeting with Russia's ambassador to the US or conversations with any Russian officials about the USA election that sent Donald Trump to the White House . Read More »

Verizon takes over Yahoo to complete $4.5 billion deal

She is reportedly leaving with a $ 23 million golden handshake and has about $260 million worth iof Yahoo shares. "I want all of you to know that I'm brimming with nostalgia, gratitude, and optimism ", she wrote. Even after the deal was made, Yahoo's selling price went down $250 million after a string of security breaches. The acquisition marks the end of an era for an Internet icon. Read More »

Philippine police questioning driver in casino attack probe

Islamic State claimed responsibility on Friday for the attack that killed at least 36 people, after Philippines officials said there was no evidence of militant involvement. Now, authorities will also look into Resorts World Manila management's possible violations of the fire code; they will investigate if the sprinkler system really worked as soon as Carlos set fire to tables at the casino area. Read More »

Investor Notebook: Focusing in on Shares of Duke Realty Corp (DRE)

Grifols SA Ads (NASDAQ:GRFS) had an increase of 13.59% in short interest. JCOM's SI was 4.37 million shares in June as released by FINRA. 423.00 million shares or 0.21% more from 422.10 million shares in 2016Q3 were reported. Aviva plc ( LON:AV ) traded down 0.09% during trading on Tuesday, reaching GBX 533.00. It has underperformed by 16.70% the S&P500. Since March 13, 2017, it had 0 buys, and 6 sales for $3.23 million activity. Read More »

House 'covfefe' bill would save presidential tweets

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If passed, the president's social media messages would be officially covered under the Presidential Records Act , which governs the archival records of the presidency, including the preservation and publication of the records. This is not the first time Mr Quigley has deployed topical wordplay to challenge what he sees as President Trump's lack of transparency. The ambiguous tweet quickly lit up the social network and stayed online for more than five hours before being removed. Read More »

Secret Service says it doesn't have any Trump tapes

The Senate Intelligence Committee still wants to have a closed door meeting with the Director of National Intelligence and the head of the National Security Agency, to find out more about their conversations with President Trump on the Russian Federation investigation. Read More »