Friday, 17 November 2017
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Dollar weakens after Fed minutes, Trump's business councils disband

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A Federal Reserve policymaker yesterday staked out the hawkish argument for carrying on with United States interest rate hikes even while weak recent inflation readings have split opinions among her colleagues at the USA central bank. Inflation has remained below 2 per cent in the U.S. for more than five years. Amid steady job creation and the falling jobless rate, the Fed has dismissed weak price pressures, blaming them on one-off "transitory" and "idiosyncratic" factors, such as falling ... Read More »

AstraZeneca plc's (AZN) Hold Rating Reaffirmed at Shore Capital

According to Zacks brokerage recommendations, AstraZeneca PLC (NYSE:AZN)'s Buy count is 0 and Strong Buy is 1 while the number of analysts recommending Sell and Strong Sell are 0 and 4, respectively. During the same period in the prior year, the company earned $0.83 EPS. On average, analysts predict that Astrazeneca PLC will post $1.85 earnings per share for the current year. Read More »

Achmea Investment Management BV Acquires New Position in Cisco Systems, Inc. (CSCO)

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Service revenues grew 1%. Janus Henderson Group PLC now owns 13,528,059 shares of the network equipment provider's stock worth $423,475,000 after buying an additional 4,577,831 shares during the period. Acadian Asset Management Lc invested in 0.02% or 163,148 shares. The stock's Dividend Yield stands at 3.61%. (NASDAQ: CSCO ) were released by: Fool.com and their article: "The case for Microsoft" published on August 09, 2017 as well as Seekingalpha.com's news article titled: "Cisco Can Double ... Read More »

United Kingdom unemployment rate hits historic low as wages grow more than expected

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But companies are still hiring workers, sending the total number of unemployed down to 1.48m, a fall of 57,000 over the past three months and the lowest absolute figure since 2005. Economists had not expected such strong figures as the economy has grown only at a muted pace this year. Once bonuses are stripped out, pay expanded by 2.1 per cent over the period, rising from 2 per cent. Read More »

FCA joins BMW, Mobileye, and Intel's self-driving vehicle alliance

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While the company did agree in 2015 to build minivans for Alphabet Inc.'s ( GOOG ) Waymo self-driving project, that pact fell short of a broad alliance. In that partnership, Waymo adds the sensors that steer the Pacifica. It's a new frontier with vast potential to generate new profits. The firm had revenue of $27.93 billion for the quarter, compared to analyst estimates of $29.24 billion. Read More »

Amazon announces AWS Macie security tool, Glue ETL service

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Hulu said partnering with AWS means it can concentrate on improving its over-the-top (OTT ) live TV offerings, rather than get bogged down in infrastructure management tasks, and ensure its services are equipped to cope with any spikes in viewing traffic. Read More »

FIL Ltd Cuts Position in TJX Companies, Inc

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Zacks Investment Research upgraded TJX Companies, Inc. (The) by 88.9% in the first quarter. Wellington Management Group LLP now owns 20,703,582 shares of the apparel and home fashions retailer's stock valued at $1,637,238,000 after buying an additional 3,339,536 shares during the last quarter. Read More »

Suspected Game Of Thrones Leakers Arrested In India

It seems that the four were employees from Star India, one of HBO's worldwide distributors, which meant that they had the credentials for getting their hands on the content. every Sunday evening, with each episode debuting on Sky Atlantic here in the United Kingdom the following night. In fact recently there have been several leaks in which episodes were released earlier than they were arrested. Read More »

How major United States stock market indexes fared Thursday

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The major indexes were coming off their biggest single-day decline since May 17. With the sell-off on the day, the Nasdaq and the S&P 500 fell to their lowest closing levels in a month. However, bank stocks, including Goldman Sachs, Bank of America and Morgan Stanley, were down about 1 percent on the dimming prospects of another rate hike this year. Read More »

Rail fares 'have risen twice as much as wages since 2010'

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The Scottish government said it had restricted the rise to ensure Scotland had the lowest price rises in the UK . With the RPI expected to come in at 3.5%, commuters face the largest price hike in five years amid calls from trade unions and consumer groups that passengers were fed up of getting poor value for their money. Read More »

Pandora Names Dish Streaming Exec Lynch as CEO

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Pandora named an over-the-top TV executive its chief executive on Monday, ending a search that began in June when co-founder Tim Westergren stepped down for a second time . Pandora's shares added 35 cents, or 4.3 percent, to $8.42 in after-hours trading. Co-founder Tim Westergren said he would step down as CEO at the end of June after returning to lead the company a year ago. Read More »

Gates Makes Massive Microsoft Corporation (MSFT) Donation

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The donation reduces Gates stake in the software maker to 1.3 percent. The 61-year-old gave away $16 billion worth of Microsoft shares in 1999 and $5.1 billion a year later, according to calculations by Bloomberg . As of last Fall, according to Microsoft's 2016 proxy statement, Gates owned 2.46 percent of Microsoft's common stock . One thing the latest donation (which represents five percent of Gates' total wealth) doesn't change is his status as the richest person in the world. Read More »

Sessions: Charlottesville attack is domestic terrorism

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Following the deadly vehicular rampage that left a woman dead and scores more injured in Virginia during a "Unite the Right" rally, the USA federal government has started a civil rights investigation. "Terrorism investigators from the Federal Bureau of Investigation are working on the case as well as civil rights division Federal Bureau of Investigation agents". Read More »

MoviePass' new plan offers $10 a month for a movie a day

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The AMC average ticket price for watching a movie at AMC Theatres in the most recent financial quarter was $9.33. But you probably won't have a hard time finding a participating theater, because MoviePass claims to be partnered with almost all major theaters in the United States. Read More »

Microsoft ordered to let third parties scrape LinkedIn data

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Microsoft subsidiary LinkedIn must unblock talent management startup HiQ Labs from scraping public profile data within 24 hours, USA judge Edward Chen has ruled on Monday. The data company pointed out it doesn't analyse private sections of LinkedIn and its doesn't republish or sell the data it collects. People tend to update their LinkedIn profiles when they're about to start looking for a new job, and hiQ can see when this happens, conduct an analysis, and even warn the person's current ... Read More »

Another CEO Leaves Trump's Manufacturing Council

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After Donald Trump used Tuesday's press conference on infrastructure to defend his previous comments about Saturday's events in Charlottesville, it's fair to wonder if any new business leaders will swoop in to replace the corps of CEOs who have departed the American Manufacturing Council in light of both the President's responses and his lack of responses. Read More »

Analysts' Ratings Review: Sorl Auto Parts Inc (SORL)

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About 12.85 million shares traded or 602.19% up from the average. As per Wednesday, August 5, the company rating was maintained by UBS. COACH GOES COLD: Luxury retailer Coach tumbled after its fourth-quarter sales and its profit forecast for the current fiscal year came up short of analyst estimates. Read More »

Home Depot beats Street 2Q forecasts

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The company has market cap of $3.28 million. About 131,999 shares traded. It has underperformed by 16.70% the S&P500. More notable recent Msci Inc (NYSE:MSCI) news were published by: Reuters .com which released: "Lack of voting rights may keep Snap, others from MSCI indexes" on July 17, 2017, also Zacks.com with their article: "Should You Buy MSCI Inc". Read More »

Ford GT Goes Old School With '67 Heritage Edition

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Inside is new leather trimming, carbon fiber seats with red stitching, red seatbelts, and satin dark stainless features on the doorsill, air vents and center console. Last year, Ford celebrated its breakthrough 1-2-3 1966 Le Mans win by launching the GT '66 Heritage Edition . It really should have the " Gurney bubble " in the roof over the driver's head. Read More »

WTI Crude Oil Trading Outlook Turns Bearish

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One of Iran's major Asian customers, South Korea shipped in 1.40 million tons of crude from Tehran in July, or 330,151 barrels per day, up from 1.1 million tons past year, customs data showed on Tuesday, Reuters reported. "We actually need product demand for that to happen". The worlds' fifth-biggest crude importer brought in 10.67 million tons of Iranian crude in the first seven months of this year, or 368,952 bpd, up 47.7% from 7.22 million tons over the same period last year, the data ... Read More »

Labour Minister Bains to make minimum wage announcement this afternoon

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Only Saskatchewan's and Newfoundland and Labrador's are lower. Small businesses argue minimum wage increases will make it even more hard for them to make ends meet amid a growing number of rising costs and will likely force them to cut costs, including jobs, and potentially raise prices of their products and services. Read More »

Berkshire Hathaway sells off GE stake, boosts BNY Mellon

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Shares of Apple are up 38.12% this year. Warren Buffett's Berkshire Hathaway has sold off its stake in General Electric , according to U.S. regulatory papers filed late on Monday. Berkshire also continued reducing its stake in IBM to 54 million shares from 64.6 million in March. Store and Synchrony were the only two new holdings added to the Berkshire portfolio in the quarter. Read More »

United States stocks flat but retail sales lift dollar

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The numbers exclude automobiles, gasoline stations and restaurants. Retail sales for the month of May and June were revised higher, which would possible help to assuage concerns about consumer spending. Year-to-date, despite registering a decline of 0.1% in volume, revenues went up 1.9%. Furniture and home furnishings stores increased 0.4 percent seasonally adjusted over June and increased 4.3 percent unadjusted year-over-year. Read More »

Dick's Sporting Goods Inc (NYSE:DKS) has industry P/E ratio of 31.54

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It has underperformed by 1.66% the S&P500. Taking the time to properly examine a company before purchasing shares may be the difference between healthy profits and disappointing losses. Going out even further, the 200-Day Simple Moving Average is recorded -43.71% away from the current share price. Wellington Grp Llp invested in 299,650 shares. Read More »

Air Berlin filing for bankruptcy

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Easyjet EZJ.L is in talks to buy assets from insolvent Air Berlin AB1.DE , a person familiar with the matter told Reuters, adding that the talks centered on the German airline's slots. Air Berlin chief executive Thomas Winkelmann states: "We are working tirelessly to achieve the best possible outcome for the company, our customers and employees, given the situation". Read More »

Top US military official Joseph Dunford arrives in South Korea

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Dunford said the military's "primary focus" is supporting the administration's diplomatic and economic campaign to denuclearize the Korean peninsula, while preparing military options in the event that campaign fails. Sanctions were created to bring North Korea to the negotiating table over its nuclear and missile weapons programs, he said. Here's an alternative to doing the same thing over and over: Let's take U.S. Read More »