Economy

OPEC, other nations extend output cut to March

Producers have more tools to further support prices if needed, Russia's Energy Minister Alexander Novak said in a Bloomberg television interview. " OPEC announced it would extend cuts in oil output by nine months to March 2018 on Thursday, after November's landmark deal failed to clear a global supply overhang", reported CNBC . [Full Article...]

Sato holds off Helio to give Andretti another Indy 500 win

His Andretti Autosport teammate, Takuma Sato , became the first Japanese man to win "The Greatest Spectacle in Racing". "Unbelievable feeling", a smiling Sato said following the victory. Attrition was a factor with nine of the 33 cars eliminated in accidents. His vehicle went airborne and crashed into an inside retaining wall after striking the auto of Jay Howard . [Full Article...]

US National Security Adviser 'not concerned' with Kushner, Russia back-channel allegations

US National Security Adviser 'not concerned' with Kushner, Russia back-channel allegations He did so in a meeting last December with Russian Ambassador Sergey I. Kislyak and Michael Flynn , who served as national security adviser to the president briefly before he was sacked. officials briefed on intelligence reports. Minutes before, another even more damning report had landed, too: Kushner had approached Russian envoy Sergey Kislyak about creating a top-secret back-channel for c... [Full Article...]

Trump budget chief: Medicaid cuts won't affect anyone now on program

White House budget director Mick Mulvaney didn't deny the math, saying it was done "on goal", during a press briefing Tuesday. But Mulvaney stood by the administration's position, and slammed the "certain narrative" that Republicans "don't care about poor people", standing by the confidence social safety nets give people to "take risks and go out on their own". [Full Article...]

At NATO Summit Macron Dodges Trump And Hugs Merkel Instead

Bloomberg, a financial information agency, devoted a whole article to an analysis of the comic scene for Emmanuel Macron: "It took the French president only six seconds to make Trump better than Trump with A handshake that showed the world that there was a new leader on the world stage". [Full Article...]

Costco surprise comparable sales growth driven by U.S.

Costco surprise comparable sales growth driven by U.S. About 1.42M shares traded. In this Wednesday, Feb. 8, 2017, photo, a shopper leaves a Costco Wholesale store in Cranberry Township, Pa. Costco Wholesale Corporation reports earnings, Thursday, May 25, 2017. Seabridge Inv Advsr Ltd Liability Com owns 5,459 shares or 0.21% of their U.S. portfolio. New Capital Management LP purchased a new stake in Costco Wholesale during the fourth quarter w... [Full Article...]

Apparently Officials Were Warned About The Manchester Bomber Five Years Ago

After a series of police raids in and around Manchester , a total of eight people are in custody in connection with the suicide bombing . The police said the probe had made "good progress" and they "now need people to tell us if they have any information about his movements from 18 May when he returned to the United Kingdom through to Monday night". [Full Article...]

To Buy Or Sell Sse Plc (SSEZY) On Latest Analyst Consensus

Just Eat PLC now has an average rating of "Buy" and a consensus target price of GBX 673.13 ($8.76). They expect $-0.03 earnings per share, up 66.67% or $0.06 from last year's $-0.09 per share. 3i Group plc is an investment company with approximately three complementary businesses, Private Equity, Infrastructure and Debt Management, specializing in core investment markets in northern Europe and No... [Full Article...]

FSU Baseball: Noles Advance to ACC Semifinals With Two Big Wins

And despite a surprise Duke run to this year's ACC semifinals, the Blue Devils' season nearly certainly came to an end Saturday afternoon against the same Seminole side. Duke pitcher Brian McAfee throws against UNCW in their 2016 NCAA Baseball Tournament regional game at Founders Park in Columbia. The Duke baseball team put up a fight this week at the ACC Baseball Tournament. [Full Article...]

Roger Moore wrote last book on age

Roger Moore wrote last book on age The films included are Moonraker , The Spy Who Loved Me , For Your Eyes Only , The Man With The Golden Gun , Octopussy , Live And Let Die and A View To A Kill . A one-time student at RADA and part-time model, Roger Moore learned his trade as a contract actor with MGM in the 1950s, before the early days of television made him a familiar face in shows such as " Ivanhoe ", " The Alaskans " ... [Full Article...]

Barclays PLC (BARC) Earns "Outperform" Rating from Credit Suisse Group AG

Canaccord Genuity raised their price target on shares of Standard Life Plc from GBX 400 ($5.20) to GBX 430 ($5.59) and gave the company a "buy" rating in a report on Monday, March 6th. The original version of this piece of content can be accessed at https://www.thestockobserver.com/2017/05/26/keith-skeoch-acquires-32-shares-of-standard-life-plc-sl-stock.html. [Full Article...]

Struve, Volkov to headline UFC in Netherlands

Struve, Volkov to headline UFC in Netherlands The event is set to take place at the Rotterdam Ahoy, with tickets due to go on general sale on Friday, July 21 via Ticketmaster. Struve has won back-to-back and three of his last four, including a 16-second KO victory over Antonio Silva at UFC Fight Night 87 which earned him Performance of the Night honors. [Full Article...]

Chico's FAS, Inc. (CHS) Stake Raised by Shufro Rose & Co. LLC

At recent session, the prices were hovering between $8.91 and $10.1. A 20-day moving average will provide many more "reversal" signals than a 100-day moving average. Chico's FAS, Inc. (CHS ) (the "Company") recently declared its financial results for the fiscal 2017 first quarter ended April 29, 2017. In last year's first quarter, the Company stated adjusted net income of $33.4 million, or $0.25 a... [Full Article...]

Analysts Take on Earnings: Freeport-McMoran, Inc. (NYSE:FCX), (NYSE:)

The ROIC 5 year average is 0.120717 and the ROIC Quality ratio is 3.567996. The stock declined 1.81% or $0.21 reaching $11.69 per share. About 785 shares traded. IV sold $1.18M worth of stock or 77,500 shares. On average, equities research analysts anticipate that Freeport-McMoRan Inc will post $1.07 EPS for the current fiscal year. [Full Article...]

Oil plunges 5 pct on disappointment with OPEC cuts

Oil plunges 5 pct on disappointment with OPEC cuts The problem for OPEC is that while crude sits substantially below the highs of around $100 a barrel reached in 2014, it is high enough to bring back into the market USA producers who eased back as prices tumbled a year ago. Futures added 0.4 percent in NY, after dropping 4.8 percent drop on Thursday. Opec said the cuts could be extended at the next meeting. In spite of OPEC and Russia'... [Full Article...]

Mulvaney defends Trump Administration's FY 2018 budget before Congress

Mulvaney defends Trump Administration's FY 2018 budget before Congress When it suits the administration's case, Mulvaney relies on this same metric for measuring the budget as a proportion of the economy. Note that Housing and Urban Development Secretary Ben Carson has similarly argued that subsidized housing should not provide "a comfortable setting that would make somebody want to say: 'I'll just stay here. [Full Article...]

Andrew Scheer is the new federal Conservative Party leader

Andrew Scheer is the new federal Conservative Party leader Although this result may dismay libertarians in Canada and beyond, Bernier's close second place finish demonstrates that libertarian ideas do have electoral potential with a right-of-center electorate when combined with a healthy dose of anti-establishment populism. [Full Article...]

Gregg Allman dead at 69

Gregg Allman dead at 69 The band, which settled in Macon, home to their Capricorn Records label, crafted dozens of now-classic staples on rock radio - " Ramblin' Man ", "Mountain Jam" and the Allman-penned " Melissa ", " Midnight Rider " and " Whipping Post ". Although Gregg was the first to pick up a guitar, it was Duane who excelled at it. Allman was known for his loyalty to his players and Burnett's recording ... [Full Article...]

Carolina Financial Corp (CARO) Downgraded by Zacks Investment Research

Janus Capital Management LLC now owns 10,068,523 shares of the bank's stock worth $146,296,000 after buying an additional 8,859,912 shares during the last quarter. They now have a Dollars 25 price target on the stock. Rafferty had a markedly different take on 20/04/2017, proposing that Regions Financial Corporation is now considered Hold versus prior Buy rating. [Full Article...]

McMaster says 'not concerned' after Kushner back-channel reports

Yesterday, both the Washington Post and Reuters released bombshell reports that President Trump's son-in-law and senior adviser had been in communications with Russia prior to the election, trying to set up a back channel between the campaign and Russian Officials. [Full Article...]


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