Economy

Amazon stumps up nearly $US14B for Whole Foods Market

Shares of competing retailers Kroger Co., Target , and Walmart all fell Friday after the deal was announced, while Amazon shares were up by 2.4 percent. Amazon is already nearly dominating retail - the company's market share of the US retail sector previous year was estimated at 34 percent, while Walmart came second with 5 percent, according to Needham & Company's research in April. [Full Article...]

Vehicle ploughs through crowd near London mosque

Vehicle ploughs through crowd near London mosque Osborne was arrested on suspicion of attempted murder and terrorism offences. Darren Osbourne, a 47 year old man from Cardiff thought to have four children, has been arrested over the incident and is being questioned. One eyewitness who lives nearby told the BBC she saw people "shouting and screaming". The attack , which followed three Islamic State group-inspired attacks in Britain, drew c... [Full Article...]

US Fed hike rates for second time this year

US Fed hike rates for second time this year The implementation of its proposed balance sheet normalisation programme – a gradual reduction in Fed's holding of securities - this year, would also depend on how the economy evolves, it added. But the estimate for the central bank's preferred measure of inflation , the PCE price index, was cut three-tenths to 1.6 percent, while the core PCE, which excludes volatile food and energy prices, w... [Full Article...]

Integrated Investment Consultants LLC Acquires 350 Shares of Exxon Mobil Co. (XOM)

Integrated Investment Consultants LLC Acquires 350 Shares of Exxon Mobil Co. (XOM) The stock of Exxon Mobil Corporation (NYSE:XOM) earned "Buy" rating by Argus Research on Wednesday, May 18. The institutional investor held 4.47M shares of the integrated oil company at the end of 2016Q4, valued at $403.28 million, up from 4.17M at the end of the previous reported quarter. [Full Article...]

Esure Group PLC's (ESUR) "Sell" Rating Reiterated at Shore Capital

TSCO's profit will be $106.47M for 34.61 P/E if the $1.30 EPS becomes a reality. The firm earned "Outperform" rating on Monday, July 18 by Wells Fargo. Esure Group PLC has a 52-week low of GBX 183.10 and a 52-week high of GBX 311.00. JP Morgan maintained the stock with "Overweight" rating in Wednesday, June 7 report. [Full Article...]

Crude prices sag amid doubts over OPEC's influence

Crude oil futures plunged Wednesday amid a prolonged global supply glut that may worsen despite OPEC's production limits. U.S. West Texas Intermediate (WTI ) crude futures were down 14 cents at $44.58 per barrel. The IEA said yesterday it expected growth in non-Opec supply to be higher next year than growth in overall global demand. OPEC and 11 rival exporters including Russian Federa... [Full Article...]

South Korea's Moon hopes to meet North's Kim until end of 2017

Otto Warmbier , who was released by North Korea in a coma and died Monday, spoke in his 2013 high school graduation speech about living in a small town with a close-knit community. "I'm talking an entire plastic bin filled to the brim with designer ties acquired from various thrift and consignment shops, that I learned after talking to him", she said. [Full Article...]

Trump says China tried but failed to help on North Korea

An Ohio coroner, abiding by family wishes, has performed an external examination instead of a full autopsy on the body of the USA student who was held prisoner in North Korea for 17 months and sent home in a coma . North Korea accuses Washington and South Korea of sending spies to overthrow its government. Asked how the Warmbier case would affect his efforts to engage North Korea, Mr Moon added... [Full Article...]

South Korea President Criticizes North On Death

President Donald Trump when they meet later this month in Washington . Warmbier's parents haven't cited a cause of death, but "awful, torturous mistreatment" by North Korea . According to a NPR report , Young Pioneer Tours updated its North Korea FAQ section after Warmbier's imprisonment. "It's unbelievable, you don't believe what you're seeing until you're there, I felt like I was on a ... [Full Article...]

Trump says Qatar funding terrorism at 'high level'

Trump says Qatar funding terrorism at 'high level' The countries are most anxious about Qatar's support for the Muslim Brotherhood - a Sunni Islamist political group outlawed by both Saudi Arabia and the UAE as it challenges those nations' hereditary rule. Tillerson said at a press conference that the blockade had caused "unintended" consequences, and was "hindering United States military actions in the region and the campaign against ISIS". [Full Article...]

Coroner still probing death of US student held by N. Korea

The Trump administration is considering banning travel by US citizens to North Korea , officials said Tuesday, as outrage grew over the death of American student Otto Warmbier and President Donald Trump declared it a " total disgrace ". [Full Article...]

Trump Hints At Major Jobs Announcement For Wisconsin During Visit

Trump Hints At Major Jobs Announcement For Wisconsin During Visit President Donald Trump signed an Executive Order that called for expanding apprenticeships to improve worker training in the United States Thursday. White House officials have pointed to 6 million job openings across the United States-the highest level since 1980, it says-and the 8.4 percent U-6 unemployment rate as illustrative of the skills gap in action. [Full Article...]

McCain: Travelers to N Korea should sign waiver

Lakshmi Sammaraco said the office "accepted the case" of Otto Warmbier, who died Monday in a Cincinnati hospital. Justin Weber told The Associated Press on Tuesday morning that a press conference is expected later to provide details. An MRI (magnetic resonance imaging brain scan) "showed extensive loss of brain tissue in all regions of the brain", Kanter explained. Unresponsive wakefulness... [Full Article...]

Parexel To Be Bought In a $5 Billion Deal By Pamplona Capital

Parexel To Be Bought In a $5 Billion Deal By Pamplona Capital The stock of PAREXEL International Corporation (NASDAQ: PRXL ) has "Hold" rating given on Friday, August 7 by Deutsche Bank. As per Friday, December 16, the company rating was downgraded by Goldman Sachs. Finally, Glen Harbor Capital Management LLC increased its stake in shares of PAREXEL International Corporation by 7.1% in the first quarter. Investors sentiment decreased to 0.85 in 2016 Q4. [Full Article...]

EQT Midstream Partners, LP (EQM) Downgraded to Hold at ValuEngine

EQT Midstream Partners, LP (EQM) Downgraded to Hold at ValuEngine Cm Finance Inc. now has $140.31M valuation . The stock increased 1.66% or $0.3 on June 20, reaching $18.37. The share price has moved backward from its 20 days moving average , trading at a distance of -2.35% and stays -3.29% away from its 50 days moving average . [Full Article...]

Sena to announce its stand on NDA prez nominee tomorrow

The Sena, which has often been critical of the BJP and the Modi Government, recently suggested the name of M S Swaminathan, the father of India's Green Revolution, for President. "We went to seek their suggestions". One was of (RSS chief) Mohan Bhagwat . "If you put a person who works for the benefit of the entire nation than the Sena is with you", Thackeray had said while addressing a gatherin... [Full Article...]

Saudi says 3 Iran guards caught on boat

Saudi says 3 Iran guards caught on boat The Iranians were aboard a vessel seized last Friday that was explosive and ammunition-laden and attempted to attack the platforms of the Saudi oil field of Marjan, according to a statement from the ministry's center for global communications. [Full Article...]

Japan government-Bain consortium chosen as preferred bidder for Toshiba chip unit

Japan government-Bain consortium chosen as preferred bidder for Toshiba chip unit In January, it was reported that Toshiba might be selling a majority stake in its flash memory operations to cover losses caused by the massive write-down of its nuclear business. and South Korean entities over the sale of its chip unit, sources said Tuesday. A Toshiba spokeswoman said the company can not comment on specifics of the sale process. [Full Article...]

Realty Income Corporation (O) Stake Boosted by Toronto Dominion Bank

The stock has a beta value of 0.59. About 5.13 million shares traded. SL Green Realty Corp (NYSE:SLG) has risen 3.99% since June 20, 2016 and is uptrending. Also, SVP Steven James Smith sold 2,000 shares of the stock in a transaction dated Thursday, April 27th. Mcf Advsr Llc owns 81 shares or 0% of their United States portfolio. [Full Article...]

International Yoga Day 2017: Indian, Chinese enthusiasts practice poses at Great Wall

Several events have been planned by India's Permanent Mission to the United Nations as well as the Indian Consulate here to mark the day. Prime Minister Narendra Modi arrived here on Tuesday evening on a two-day visit to the Uttar Pradesh capital. [Full Article...]


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