Economy

(VRX) Shares Trading up at $12.66 John Paulson Joins Valeant Board Of…

(VRX) Shares Trading up at $12.66 John Paulson Joins Valeant Board Of… Activist investor and hedge fund manager John Paulson has joined Valeant Pharmaceuticals board, as the embattled Canadian drugmaker is restructuring itself to repay debt. Return on Equity for Valeant Pharmaceuticals Intl Inc (NYSE: VRX ) is -34.10%. The rating was downgraded by Morgan Stanley on Friday, October 2 to "Equal-Weight". [Full Article...]

Shiv Sena pledges support to NDA's presidential candidate

Amit Shah is expected to mollify Thackeray and ensure his support for the National Democratic Alliance (NDA) candidate in the upcoming presidential election . Moreover, with Prime Minister Narendra Modi scheduled to leave for the United States on June 26 followed by Netherlands on June 27, BJP wants to have a name well in advance to try to bring the opposition on board. [Full Article...]

Troubled Ronaldo eyes more silverware at Confederations Cup

For all time between the national teams of Portugal and Mexico were played 2 matches. Ronaldo has scored 11 goals in five games with Portugal this season. "But we are not anxious, there are two games left, we still have chances". Portugal arrived in Russian Federation as one of the title favorites, and also with a unique chance to show that last year's European triumph didn't come by... [Full Article...]

May to meet NI parties amid concerns over deal with DUP

May to meet NI parties amid concerns over deal with DUP Although the DUP are unionists - wanting to remain part of the United Kingdom - and broadly support numerous policies of the Conservative and Unionist Party (as the Conservatives are correctly called), May's proposed deal could scupper attempt to broker a power-sharing deal with Sinn Fein - which promotes the unification of Ireland - on the Northern Ireland Executive. [Full Article...]

Summit Midstream Partners, LP (NYSE:SMLP) MF Rank in the Spotlight

Shares of PennTex Midstream Partners, LP (NASDAQ:PTXP) traded down 0.05% during mid-day trading on Thursday, reaching $19.95. A ratio over one indicates an increase in share price over the period. The stock of Summit Midstream Partners LP (NYSE:SMLP) is a huge mover today! A low ATR value correlates with a weaker trend movement. Multiple company employees have indulged in significant insider tra... [Full Article...]

Shareholders approve Standard Life Aberdeen merger

Shareholders approve Standard Life Aberdeen merger Completion of the Standard/Aberdeen merger is expected by mid-August. Sir Gerry Grimstone, chairman of the insurance firm, said: "Our merger with Aberdeen will be one of the most significant events in our near-200 year history, creating a well-diversified world-class investment company". [Full Article...]

2 people dead as gunmen attack Mali tourist resort

Mali authorities say suspected jihadists launched an attack Sunday on a hotel resort in Mali's capital, taking hostages at a spot popular with foreigners on the weekends. So far, in the confused circumstances surrounding the attack, the number of victims is not known and neither is the precise number of attackers. In November 2015, gunmen took guests and staff hostage at the luxury Radisson Blu... [Full Article...]

Koepka wins after 'long phone call' from DJ

Tied for the lead with six holes to play, Koepka , 27, holed an 8-foot par putt on No. 13 that gave him confidence with his stroke and momentum to pour in birdies on the next three holes to turn the final hour into what amounted to a runaway victory. [Full Article...]

RPC Group PLC 60.8% Potential Upside Indicated by JP Morgan Cazenove

Panagora Asset owns 0.01% invested in Close Brothers Group plc (LON:CBG) for 43,321 shares. Reliant Investment Mgmt Lc, Tennessee-based fund reported 5,438 shares. Among 7 analysts covering Tsakos Energy Navigation Ltd (NYSE:TNP), 5 have Buy rating, 0 Sell and 2 Hold. Therefore 40% are positive. Barratt Developments Plc has a 12 month low of GBX 326.00 and a 12 month high of GBX 624.50. [Full Article...]

Macron kicks off Paris Air Show with airborne entrance

Boeing wants to punch back at Airbus, which is outselling the US plane maker roughly five to one in sales for the biggest single-aisle jets. A Memorandum of Agreement (MoA), valued at Dollars 4.7 billion at current list prices, was signed at the Paris Air Show, which commenced today. [Full Article...]

Former Chelsea midfielder Oscar triggers mass brawl in Chinese Super League encounter

Former Chelsea midfielder Oscar triggers mass brawl in Chinese Super League encounter The home side's Chen Zhizhao retaliated, pushing the 25-year-old Brazilian to the ground. The bust-up took several minutes to fully settle, and quite surprisingly, only ended up with a single player from each team being sent off ( Li Tixiang of Guangzhou and Shanghai's Huan Fu). [Full Article...]

Oil Prices Fall After IEA Says Global Stockpiles Up

Earlier, the US Energy Information Agency ( EIA ) said in its report that OPEC crude oil production is expected to average 32.3 million barrels per day in 2017 and 32.8 million barrels per day in 2018. It was down 8 cents to $46.92 a barrel by 12:36 p.m. EDT (1636 GMT). Oil prices tumbled to the lowest level in seven months Wednesday, as high oil inventories continued to erode confidence i... [Full Article...]

Finally, Britain kicks off Brexit negotiations with EU

Aviation insurers have launched a model contract continuation clause to keep policies in place after Britain leaves the European Union , trade body the International Underwriting Association said on Monday. United Kingdom negotiator David Davis and the EU's Barnier have one key issue over the first weeks of talks: building trust after months of haggling over leaks and figures over the final b... [Full Article...]

Trump's Cuba Policy Draws Mixed Reactions From Travel Companies And Other Businesses

Trump's Cuba Policy Draws Mixed Reactions From Travel Companies And Other Businesses Senior administration officials said in a media briefing Thursday afternoon that President Trump will ban people-to-people travel to Cuba for individual Americans. Instead, Trump will aim to make it tougher to travel to Cuba and restrict USA financial transactions that benefit the communist-ruled regime. White House officials also noted that Americans can still bring Cuban cigars back from th... [Full Article...]

Emotional first anniversary for Orlando nightclub shooting that killed 49

Emotional first anniversary for Orlando nightclub shooting that killed 49 Choking back sobs, Poma said she missed everything about Pulse, whose site will become a permanent memorial. Hundreds of volunteers in Orlando are remembering the 49 victims of the Pulse shooting by packaging meals for the hungry. It will overlap with the exact time that gunman Omar Mateen began firing shots - a little after 2 a.m. on June 12, 2016. Governor Rick Scott ordered United S... [Full Article...]

UK PM May will face leadership challenge if she softens Brexit

The Prime Minister has been forced to turn to the DUP for a so-called "confidence and supply" deal after she lost her majority at the general election last week. She has really hacked off the parliamentary party for obvious reasons. Almost a fifth of the UK's food and drink exports go to the Republic of Ireland and in March industry bodies from across the British food and drink sector wrote an... [Full Article...]

Council says van struck people leaving mosque

Flowers have been laid near Finsbury Park Mosque , while police officers have also arranged bouquets from members of the public inside the cordon. London Ambulance Service say they have sent a "number of resources" to the scene. Mohammed Kozbar, chairman of the Finsbury Park Mosque, called for Prime Minister Theresa May's government to take action. "I never saw anything nowhere close to... [Full Article...]

North Korea confirms successful missile test - state media

North Korea confirms successful missile test - state media South Korea will hold off on installing remaining components of a US anti-missile defence system until it completes an assessment of the system's impact on the environment, the country's presidential office said on Wednesday. North Korea may be close to testing an intercontinental ballistic missile, state media suggested Saturday. This latest missile launch is the fourth test-firing conducted... [Full Article...]

Bring stability to Kashmir, then worry about Maharashtra, Shiv Sena taunts BJP

Prime Minister Narendra Modi , BJP President Amit Shah and other senior party leaders are expected to deliberate on the names for the top constitutional post. The Samajwadi Party today asked the BJP to opt for a politician and not an apolitical person as its presidential candidate on a day the saffron party also reached out to the TMC and the BJD on the issue of a nominee. [Full Article...]

Sse Plc (SSE) Price Target Raised to GBX 1685

Liberum Capital maintained it with "Buy" rating and GBX 335 target in Monday, January 11 report. JP Morgan Cazenove's target price per share would suggest a potential upside of 39.62% from the company's last stock price. The company has market cap of $34.28 million. The Firm offers end-to-end solutions, including site investigation, driven, bored, drilled and augered piling, and ground stabilizati... [Full Article...]


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