Economy

Greece to get $9.5 billion bailout payment

Greece to get $9.5 billion bailout payment Athens says it wants a debt relief agreement "that gives clarity to the markets, but of even greater importance, renewed hope to the people of Greece", a government official told Reuters before the meeting. "If everyone around the table makes a very slight and positive move in the right direction we should be able to find an agreement today", he said. Also, following a recommendation from the new... [Full Article...]

Retail Giant Amazon Plans to Buy Whole Foods for $13.7 Billion

Retail Giant Amazon Plans to Buy Whole Foods for $13.7 Billion There's been a lot of chatter that rivals might emerge to try and outbid Amazon for Whole Foods . On Friday Amazon announced its intention to acquire Whole Foods Market , a supermarket chain with more than 460 stores across the US, Canada and the United Kingdom, for $13.7 billion. [Full Article...]

Democrats Ask Why Jared Kushner Still Has a Security Clearance

Flynn's lawyer Robert Kelner did not immediately respond to a request for confirmation about whether Flynn is cooperating with the Federal Bureau of Investigation. In addition to documents relating to Kushner and Flynn's security clearances, Democrats on the House Oversight and Government Reform Committee are requesting information on all White House officials who resigned or were terminated due t... [Full Article...]

As Inflation Misses Goal, Fed's Evans Calls for Gradual Rate Hikes

As Inflation Misses Goal, Fed's Evans Calls for Gradual Rate Hikes Federal Reserve official. The dollar index , tracking the greenback against a basket of key currencies, rose 0.22 per cent, with the euro down 0.28 per cent to $1.1166. But with a "lack of any major economic data this week, it remains to be seen if the dollar will be able to climb further, and what that would mean for gold ", said Fawad Razaqzada, technical analyst at Forex.com. [Full Article...]

Mike Brown's NBA Title With Warriors Came At Cavs' Expense (Literally)

Mike Brown's NBA Title With Warriors Came At Cavs' Expense (Literally) With talk of the team being an National Basketball Association power for years to come, the brothers and other kids may grow up in an era of Warriors dominance that could make this year's celebration a regular occurrence - although not one that takes place in Oakland much longer. [Full Article...]

WTA Mallorca - Azarenka saves 3 match points. Pavlyuchenkova upset

WTA Mallorca - Azarenka saves 3 match points. Pavlyuchenkova upset Azarenka has been absent from the WTA Tour since the French Open previous year, but made up for lost time by staving off three match points to defeat Ozaki 6-3 4-6 7-6 (9-7). The 27-year-old rallied from 0-40 down as Ozaki served for the match to claw through 6-3, 4-6, 7-6 (9/7) in two hours and 44 minutes. "That's something to expect after a long break, but definitely something I need to work... [Full Article...]

Anthem to withdraw from Wisconsin health insurance marketplace

In a statement Wednesday , the company said the state's individual insurance market "remains volatile", making it increasingly hard to price and plan coverage through the Affordable Care Act. "From day one, Republicans in Wisconsin and nationally have done nothing but try to sabotage the Affordable Care Act". This decision does not affect the vast majority of the 4 million members Anthem Blue Cr... [Full Article...]

Crude Oil Price Falls to Seven-month Low on Global Oversupply

Crude Oil Price Falls to Seven-month Low on Global Oversupply Crude plunged into bear-market territory on Tuesday, sinking another 3% to a seven-month low of $42.75 a barrel. The U.S. crude futures contract for July CLc1, due to expire later on Tuesday, fell $1.20 to $43.00, having earlier touched $42.75, its lowest since November 14. [Full Article...]

Tropical Storm Cindy strengthens in Gulf; warning area grows

Rainfall amounts of 3 to 5 inches with isolated maximum amounts of 6 inches can be expected farther west across southwest Louisiana into southeast Texas through Thursday. At 0600 GMT Cindy was located about 200 miles (325 kilometers) south of Morgan City, Louisiana, and 270 miles (435 kilometers) southeast of Galveston, Texas, the National Hurricane Center reported. [Full Article...]

Agree Realty Corporation (NYSE:ADC) on Focus After Report of Less Shorts

Agree Realty Corporation (NYSE:ADC) on Focus After Report of Less Shorts On average, analysts forecast that SL Green Realty Corporation will post $1.62 earnings per share for the current fiscal year. SLG's profit will be $163.13 million for 16.75 P/E if the $1.60 EPS becomes a reality. The rating was initiated by Raymond James on Friday, October 7 with "Mkt Perform". The rating was maintained by Stifel Nicolaus with " Buy " on Friday, January 6. [Full Article...]

Berenberg Bank Trims Greencore Group plc (GNC) Target Price to GBX 340

Therefore 35% are positive. Price T Rowe Associates Md invested in 18,686 shares or 0% of the stock. Whitman Howard restated a buy rating and set a GBX 310 ($3.92) price objective on shares of Greencore Group plc in a report on Friday, May 12th. [Full Article...]

Mourinho accused of tax fraud

Real Madrid's forward Cristiano Ronaldo , victor of the 2014 FIFA Ballon d'Or award in a photo with Real Madrid's president Florentino Perez . Barcelona defender Javier Mascherano also agreed a one-year suspended sentence with authorities for tax fraud last year. Other clients of Mendes who have ended up in Spain include the Portuguese full-back Fabio Coentrao - on the verge of joining ... [Full Article...]

Clamping down, White House puts the 'brief' in its briefing

Clamping down, White House puts the 'brief' in its briefing When asked why press briefings are now held off camera, Steve Bannon said "Sean got fatter". Candidates for the role of press secretary and communications director reportedly include Fox News personality Laura Ingraham and Daily Mail editor David Martosko , respectively, according to Politico . [Full Article...]

Trump tweetstorms wash away White House press briefings

Trump tweetstorms wash away White House press briefings CNN's Brian Stelter has more on the administration's secrecy , writing, "By nearly every measure, the Trump White House has reduced transparency about the workings of government". The White House is mulling a new role for White House press secretary Sean Spicer that would take him away from the podium and into a different role inside the West Wing, a White House official said Monday. [Full Article...]

Markets Right Now: Stocks open slightly lower on Wall Street

The S&P technology sector fell 0.8 per cent, with the biggest drags from Microsoft and Apple. Lawler added that Russian oil minister Novak's rubbishing of an emergency Opec/non-Opec meeting did not help the pricing, either: "Brent crude is down $10 per barrel in less than a month so if they (Opec) really aren't planning an emergency meeting, perhaps they should". [Full Article...]

Challenges And Opportunities For NCR Corporation (NCR), Vivint Solar, Inc. (VSLR)

Challenges And Opportunities For NCR Corporation (NCR), Vivint Solar, Inc. (VSLR) The stock of Aetna Inc (NYSE:AET) earned "Hold" rating by Oppenheimer on Wednesday, August 5. Aetna had 31 analyst reports since July 30, 2015 according to SRatingsIntel. The company's current profit margin - calculated as net income divided by net sales - is at 36.50%. In contrast to the year ago quarter EPS was at -0.66. [Full Article...]

A look at Illinois' budget mess as lawmakers head to Capitol

China's Okay Airways placed a firm order for 15 737 Boeing MAX aircraft, including eight MAX 10s, as Boeing continued to rack up commitments for the MAX at the Paris Air Show. Avolon made a decision to lock in deliveries of as many as 125 of Boeing's upgraded narrowbody jets because production slots are "very valuable real estate". [Full Article...]

Amazon buying Whole Foods in $13.7 billion deal

Amazon buying Whole Foods in $13.7 billion deal It operates approximately 456 stores in the United States, Canada , and the United Kingdom . "Fresh foods are the final frontier for Amazon ", Portalatin said. For Whole Foods shareholders, the move couldn't have come at a better time. Cowen analysts said that the grocery industry can be broken into three categories - perishable food, non-perishables and consumer products - and Amazon h... [Full Article...]

America's Cup Match Day Two To Get Underway

America's Cup Match Day Two To Get Underway In 2013, he helped lead one of the greatest comebacks in sports, when Oracle, down 8-1 at match point to the Kiwis, won eight straight races on San Francisco Bay to retain the oldest trophy in global sports. As both boats headed towards the turn the gap was down to just over three seconds, and it looked like the U.S. team might record their first win of the America's Cup Match, presented by L... [Full Article...]

Bank of England chief downplays chance of interest rate hike

Bank of England chief downplays chance of interest rate hike The governor, who voted with the majority to leave the rate unchanged, refuted that view, saying domestic price pressures were subdued and wage growth anaemic. The index has found support in a weaker sterling after Carney said in a speech that "now was not yet the time" for a rate hike. But with United Kingdom exporters so far receiving only a modest boost from the pound's sharp drop followi... [Full Article...]


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