Economy

Al-Jazeera manager denounces Gulf demands for its shutdown

Qatar-based broadcaster Al-Jazeera said Friday any move to shut it down was an attack on media freedom, following demands by Gulf neighbours for the channel to be taken off air . The four Arab countries have accused Qatar of funding terrorism, fomenting regional instability and cosying up to revolutionary theocracy Iran. That presumably would mean Qatar would have to close down Al-Jazeera's Eng... [Full Article...]

Leveraging AI, Cisco unveils 'network of the future'

Leveraging AI, Cisco unveils 'network of the future' Cisco has spent years researching and developing the technology to bring its new network to life. Today, network engineers manage hundreds of devices, but they will be expected to manage one million by 2020. "Many are saying we're becoming a software company, but the reality is that hardware, software, and services are all critical to our future - and to providing our customers with the right fo... [Full Article...]

Financial Counselors Inc. Holds Stake in Opko Health, Inc. (OPK)

The rating was initiated by Standpoint Research on Friday, June 3 with "Buy". Analyst recommendation for this stock stands at 2.20. Two analysts have rated the stock with a sell rating, two have issued a hold rating and five have given a buy rating to the company's stock. [Full Article...]

McConnell's focus: finding votes for Senate health care bill

Heller is up for reelection in 2018 in a state won by Hillary Clinton in last year's presidential election. Hospital stocks have been under pressure from the possibility of health-care reform because they have been more profitable under Obamacare , which the Congressional Budget Office said would result in 23 million more Americans with insurance over a decade than under the House GOP p... [Full Article...]

Technicals in The Spotlight For Debenhams PLC (DEB.L)

Among 8 analysts covering NeoPhotonics ( NYSE:NPTN ), 7 have Buy rating, 0 Sell and 1 Hold. Therefore 56% are positive. The stock has "Buy" rating by Peel Hunt on Friday, November 25. Bankshares Of Montreal Can holds 0% or 207,046 shares. It also upped Rice Energy Inc (NYSE:RICE) stake by 26,900 shares and now owns 938,825 shares. Argyle Cap Management invested 0.92% in Sonoco Products Co (NYSE:SO... [Full Article...]

CNN brings courtroom sketch artist to White House press briefing

WASHINGTON, June 23 The White House is hopeful Congress can complete action on a bill to repeal and replace Obamacare by the time lawmakers go on recess in August, White House spokesman Sean Spicer said on Friday. "Some days we'll do it" on camera, Spider said when asked about the media blockage. Asked Friday about off-camera briefings, Spicer showed no sign of relenting. [Full Article...]

After Whole Foods takeover, Amazon may launch another brand with different standards

After Whole Foods takeover, Amazon may launch another brand with different standards Lately, Whole Foods has been battling its worst sales slump since its IPO in 1997, resulting in pressure this spring from activist hedge fund Jana Partners, which Whole Foods CEO John Mackey accused last week of being "greedy bastards". Meanwhile, Amazon's proposed takeover of Whole Foods has spurred talk of other mergers and acquisition in the grocery sector. The online shopping giant will have a... [Full Article...]

What Do Analysts Say About BHP Billiton Limited (BHP)

FBR Capital maintained McKesson Corporation (NYSE:MCK) rating on Tuesday, January 12. The stock of CarMax, Inc (NYSE:KMX) is a huge mover today! It was reported on Jun, 21 by Barchart.com . $5.01 million worth of Citigroup Inc (NYSE:C) was sold by CORBAT MICHAEL. Investors sentiment increased to 1.16 in Q4 2016. 10 funds opened positions while 31 raised stakes. [Full Article...]

Revenue Approximations Analysis: Office Depot, Inc. (ODP), CytRx Corporation (CYTR)

Office Depot Cmn (NASDAQ: ODP)'s trailing twelve month revenues are $10.82 Billion, whereas its price to sales ratio for the same period is 0.27. VVUS price is down almost -26.72% from its 52-week high price of $1.47 a share but is up about 19.83% from its 52-week low price of $0.93 a share. [Full Article...]

NTSB: Man Killed In Tesla Autopilot Crash Ignored Warnings

NTSB: Man Killed In Tesla Autopilot Crash Ignored Warnings Brown's Tesla collided with a truck while using the " Autopilot " mode. Meanwhile, in a separate investigation into the crash, the US National Highway Traffic Safety Administration in January found no evidence of defects. The upgrade also prevents drivers from using autopilot mode if they fail to respond to computerized prompts from the system. The Model S passed underneath the truck. [Full Article...]

EPS for AK Steel Holding Corporation (AKS) Expected At $0.15

Forward P/E ratio is at 8.63. As of October 1, 2016, six of its restaurant and bar facilities were located in New York City; two were located in Washington, D.C.; five were located in Las Vegas, Nevada; three were located in Atlantic City, New Jersey; one was located at the Foxwoods Resort Casino in Ledyard, Connecticut; one was located in the Faneuil Hall Marketplace in Boston, Massachusetts, and... [Full Article...]

Library Offers Summer Reading Challenge for Students

Library Offers Summer Reading Challenge for Students Readers will receive reading incentives courtesy of our many generous community sponsors, and may enter into raffle drawings for other exciting theme-related prizes. The library encourages all eligible to register and keep track of their progress and visit the library for a jam-packed summer of special events. Kids ages 0-11 can register for this program, as well as for the Summer Reading Progra... [Full Article...]

Mexico raises key interest rate to 7 pct to combat inflation

Mexico raises key interest rate to 7 pct to combat inflation Gasoline prices declined in May with the year-over-year increase slipping to 6.8 per cent from as high as 23 per cent in February. The all-items consumer-price index in May rose 1.3% from a year earlier, Statistics Canada said Friday, following a 1.6% advance in the previous month. [Full Article...]

Merkel to gather European G-20 participants next week

Along with looming negotiations on the EU's next multi-year joint budget that runs from 2021, this dispute is shaping up as one of the most contentious issues facing the bloc, exacerbating an east-west rift as it seeks unity to tackle Brexit . [Full Article...]

Juror says Cosby trial panel almost evenly split

Juror says Cosby trial panel almost evenly split Ten of 12 jurors in Bill Cosby's sexual assault trial wanted to convict the worldwide entertainer on two of three counts of aggravated indecent assault , according to ABC News . The juror who spoke to ABC said emotions were high as deliberations wore on in a cramped back room. A prosecutor plans to put him on trial again. [Full Article...]

BlackBerry to report first-quarter earnings amid acquisition speculation

Ending May 31st, BlackBerry reported profits of $671 million CAD, representing $1.23 per share. BlackBerry shares (Nasdaq: BBRY ) were down almost six per cent just before a company conference call at 8 a.m. Analysts had been expecting BlackBerry to break even on $264 million in sales. State Street Corp increased its position in shares of BlackBerry Limited by 4.3% in the fourth quarte... [Full Article...]

Live Asian carp discovered near Lake Michigan

Live Asian carp discovered near Lake Michigan The study outlines a plan to address the threat of invasive Asian carp . "Today's news is a wakeup call". Debbie Stabenow, D-Mich., who has been clamoring for controls, including possibly separating Lake Michigan from Chicagoland waterways, for a decade. [Full Article...]

Russia's Rosneft CEO Says Takeover Of India's Essar Is Closed

Russia's Rosneft CEO Says Takeover Of India's Essar Is Closed Rosneft, a Russian bank UCP & a Swiss commodity trading firm Trafigura are paying $13 billion to buy a 98% stake in Essar Oil that includes India's second largest refinery at Vadinar and almost 3,000 fuel retail outlets. A day after sending the Essar group's steel company to the National Company Law Tribunal (NCLT) for action under the insolvency code, the Joint Lenders Forum (JLF), led by State... [Full Article...]

Oil giants endorse carbon tax after Trump's Paris exit

The proposed starting point for the carbon tax is higher than the $25 per ton that would have taken effect if Washington state voters had approved Initiative 732 last fall. About 40 countries , including most of Europe, China and South Africa, have a price on carbon or a plan to do so. NDRC-led think-tank NCSC won a contract to carry out studies on how to launch and develop the national ETS, j... [Full Article...]

Hamilton seems to like the idea of competing for Ferrari

It was obvious that he struggled in Monaco , due to failing to find the correct set up and balance for his vehicle whilst having difficulty putting his tyres in their correct temperature-operating window. For him, it's enough that he finds a way to be constant at every weekend, and I'm sure he will succeed. "I feel 12 months later we are better prepared than we were then". [Full Article...]


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