Economy

Amazon to refund parents for unauthorized purchases made by children

Amazon to refund parents for unauthorized purchases made by children Uh oh! You're little one bought something in an app from Amazon's app store without your permission and not you're stuck with the bill. If you have kids who played games on an Amazon device, you could be set to collect a refund as part a $70 million settlement the company reached with the Federal Trade Commission. [Full Article...]

Corbyn would go 'alone and naked' into Brexit talks, says Theresa May

But Paxman set the tone by saying that if he were an European Union negotiator who had observed all her recent flip flops, he would think of her as a "blowhard who collapses at the first sound of gunfire". Theresa May says she would be ready "from day one" to work on a new "deep and special relationship" with the European Union - while Labour leader Jeremy Corbyn has "no plan for Brexit". [Full Article...]

Nerves in Tory HQ as Jeremy Corbyn's Labour continues to close gap

Returning to campaign trail after the Manchester bombing and her attendance at the North Atlantic Treaty Organisation and G7 summits, the Prime Minister said the choice on June 8 came down to who voters wanted to represent Britain around the negotiating table in Brussels - her or Jeremy Corbyn . [Full Article...]

Three Mile Island to close 40 years after accident

A pre-dawn accident at the plant in 1979 enabled nuclear reactor coolant to escape, causing the core to overheat. Three Mile Island has been in the most financially precarious position, but other plant operators - including Beaver Valley nuclear power station's owner FirstEnergy Corp. [Full Article...]

Inflation drives grocery market growth

Inflation drives grocery market growth Discounters Aldi and Lidl have grown at their fastest rate since 2015 as inflation helped the market to its best performance in more than three years. Meanwhile, supermarkets' own label sales rose by 6.0% year on year in contrast to to a 0.6% rise in branded products as shoppers looked for a cheaper alternative. [Full Article...]

LSE to buy Citi's fixed income analytics platform and index family

LSE to buy Citi's fixed income analytics platform and index family The U.K. stock exchange operator will buy The Yield Book and Citi Fixed Income Indices from the USA bank for $685 million, funded by cash on hand and bank debt. From traditional market value-weighted benchmarks to innovative alternatively-weighted strategy indices , the comprehensive family of indices will join FTSE Russell's existing portfolio of complementary indices , broadening its m... [Full Article...]

Asian Stocks Mixed, Investors Digest Oil Output-Cut Extension

Extension of production cuts by 1.8 millions barrel per day (mbpd) for next nine month was well factored in as prices had already gained by about 18 per cent from May's low of $43.8. Petrol prices are at their lowest since last autumn, with experts predicting that oil cartel Opec's campaign to drive up the price of oil could fail. [Full Article...]

Cuomo calls on Trump for federal help with Penn Station

Cuomo calls on Trump for federal help with Penn Station Amtrak is now working with the Long Island Railroad and New Jersey Transit to come up with schedules during the repairs, and those are likely to be unveiled this coming week, according to the New York Times . In addition, the MTA's 2015-2019 Capital Program includes over $240 million for projects to improve the passenger flow and customer experience at Penn Station . [Full Article...]

British Airways disruption continues for third day after IT system crash

British Airways disruption continues for third day after IT system crash London's Heathrow on Tuesday said BA would run a full flight schedule, adding that it was working with the airline to get delayed bags to passengers "as soon as possible", the airport said on Twitter . "The root cause was a power supply issue that affected a number of our systems", she said. Some British media suggested on Monday that BA could be hit with a bill for compensation costs of mor... [Full Article...]

Cenovus Energy Inc (CVE) Stock Rating Reaffirmed by CSFB

Several institutional investors have recently made changes to their positions in the stock. After posting $-0.04 EPS for the previous quarter, Cenovus Energy Inc (USA)'s analysts now forecast -200.00 % EPS growth. Stockholders of record on Thursday, June 15th will be issued a $0.05 dividend. This represents a $0.15 annualized dividend and a yield of 1.58%. The ex-dividend date of this dividend is ... [Full Article...]

John Wood Group PLC (WG) Price Target Cut to GBX 850

Among 21 analysts covering Intertek Group PLC ( LON:ITRK ), 7 have Buy rating, 5 Sell and 9 Hold. GBX 417.55's average target is -10.18% below currents GBX 464.9 stock price. -based Folger Nolan Fleming Douglas Capital Management has invested 0.07% in Restaurant Group PLC (LON:RTN). Investors of record on Thursday, April 20th were given a dividend of GBX 3.70 ($0.05) per share. [Full Article...]

Manchester bomber in Germany days before attack

Manchester bomber in Germany days before attack Monday's terror attack on a concert at Manchester Arena killed 22 people and wounded more than 50, with numerous victims being children. In a statement , a spokesperson for the National Counter Terrorism Policing underscored the importance of the trust between USA and British law enforcement officials and said "when that trust is breached it undermines these relationships, and undermines ou... [Full Article...]

Prudential Financial Inc (PRU) Price Target Cut to $120.00

The stock declined 0.24% or $0.25 reaching $104.82 per share. About shares traded. Skyline Corporation (SKY) has declined 38.06% since May 30, 2016 and is downtrending. Community Savings Bank Na holds 431 shares. Ferguson Wellman Mgmt reported 2,155 shares. Columbia Prtn L L C Invest Management holds 10,661 shares. Burt Wealth Advsrs, Maryland-based fund reported 340 shares. [Full Article...]

May could lose majority in United Kingdom parliament - YouGov study in The Times

The newspaper, which publishes YouGov's regular opinion polls, said the new election model was based on voting intention data collected over the past week which put support for the Conservatives at 42 percent with Labour on 38 percent, a narrower gap than any recent polls. [Full Article...]

Dutch court blocks AkzoNobel shareholders bid in takeover row

Dutch court blocks AkzoNobel shareholders bid in takeover row AkzoNobel, whose best-known brands include Dulux and Trimetal, earlier this month snubbed a third takeover offer by PPG - which valued the company at around 24.6 billion euros ($27 billion). The court "declines the request by Elliott and others for urgent measures, including holding an extraordinary shareholders meeting with the sole agenda of axing of Antony Burgmans", judge Gijs Makkink said. [Full Article...]

Hartree Partners LP Buys New Position in Exxon Mobil Co. (XOM)

Hartree Partners LP Buys New Position in Exxon Mobil Co. (XOM) The Stock now has a Weekly Volatility of 0.92% and Monthly Volatility of 0.93%. About 2.11 million shares traded. Exxon Mobil has a payout ratio of 79.4% indicating that its dividend is now covered by earnings, but may not be in the future if the company's earnings decline. [Full Article...]

Hundreds Turned Out For Annual Memorial Day Parade

We hope that you take time to show appreciation for those who have served or who are serving this country in the armed forces. The cemetery was decorated with miniature American Flags placed by local Boy Scouts , Girl Scouts, and the Young Marines. [Full Article...]

What's Ahead for Independence Realty Trust Inc (IRT) After Today's Significant Increase?

What's Ahead for Independence Realty Trust Inc (IRT) After Today's Significant Increase? If the share price is now hovering near the 52 week low and the value is achieved in the current past then it can suggest that the price of the shares is likely to go up. Armor Investment Advisors LLC purchased a new stake in shares of Healthcare Realty Trust during the fourth quarter valued at approximately $966,000. The Company, through its subsidiary, Kite Realty Group, L.P., owns interests in ... [Full Article...]

Macron told Putin to his face that Russian media spread fake news

Speaking about Sputnik and Russia Today, Macron said the two organizations "did not behave like press outlets, but behaved like agents of influence and propaganda" that spread "serious falsehoods". "The use of chemical weapons by anyone will be the object of reprisals and immediate retaliation on the part of France", he said. "We're not kids, we're not children", Mr Putin said. [Full Article...]

Crude oil prices plunge sharply on Thursday

Other assessments pointed to the possibility of output cuts being extended into 2019 in order to bring down both crude oil and refined product stocks. Brent crude oil settled down $2.50, or 4.6 percent at $51.46 a barrel. Hamid stated that only decisive action from OPEC will boost prices from current levels, which is constantly facing the challenges of increasing U.S. [Full Article...]


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