Economy

Official Price Target Objectives For Ciena Corporation (CIEN), Chico's FAS, Inc. (CHS)

It is positive, as 34 investors sold Ciena Corporation shares while 82 reduced holdings. On Wednesday, February 15 PETRIK ANDREW C sold $112,978 worth of Ciena Corporation (NYSE: CIEN ) or 4,434 shares. Renaissance Technologies LLC now owns 4,032,274 shares of the communications equipment provider's stock valued at $98,428,000 after buying an additional 2,167,574 shares during the period. [Full Article...]

Oil prices climb on hopes output cuts will be extended

Oil prices climb on hopes output cuts will be extended Oil prices vaulted on Wednesday after data showed a decline in US stockpiles as refineries hiked output. An Opec panel reviewing scenarios for the oil producer group's meeting next week is looking at the option of deepening and extending a deal to reduce crude output, Opec sources said on Friday, in an attempt to drain inventories and support prices. [Full Article...]

Dumping Paris accord is Donald Trump's worst move ever

On Thursday, after Trump announced that he would pull the USA out of the Paris deal, Kerry issued a scathing statement on Facebook , calling the decision an "abdication of responsibility" and fearing the loss of momentum. For example, the president cited targets for the reduction of carbon dioxide emissions that he believes are unrealistic. Leading climate scientists say the emissions tra... [Full Article...]

India's manufacturing sector growth falls to 3-month low in May

India's manufacturing sector growth falls to 3-month low in May Sterling's slump since the Brexit vote, which has made United Kingdom goods cheaper for overseas buyers, helped new export orders climb for the 13th month in a row, according to the report. Manufacturing production and new orders both expanded at above survey average rates, while companies benefited most from the continued strength of the domestic market. [Full Article...]

Crude prices to grow in coming days

But David Elmes, professor at Warwick Business School and head of the Global Energy Research Network, thinks that the future of energy will not be in the production of more oil , but rather on the consumer side. Saudi Energy Minister Khalid Al-Falih said the decision was the optimal choice following deliberations aimed at rebalancing the market and bringing inventory levels down to five-year ... [Full Article...]

Google releases list of America's most misspelled words

Google releases list of America's most misspelled words That's the word CT struggles to spell. People in Florida are checking their "receipt". Thirty-nine states' top searches are for words that are six to 10 letters long. Texans and Missourians are tied for the second-longest word - each checking their work on "maintenance". People in California , Minnesota , Ohio , Kentucky and NY were most boggled by "beautiful". [Full Article...]

Is Tegna Inc (TGNA)'s Fuel Running Low? The Stock Just Declined Again

Is Tegna Inc (TGNA)'s Fuel Running Low? The Stock Just Declined Again Other large investors also recently made changes to their positions in the company. Virtus Investment Advisers Inc. purchased a new position in shares of Tegna during the third quarter worth $121,000. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell. Valuation Ratios of TEGNA Inc . COPYRIGHT VIOLATION NOTICE: This story was first posted by M... [Full Article...]

A pushback by investors over executive pay at Mylan

A pushback by investors over executive pay at Mylan The Medicaid Drug Rebate Program helps offset costs of most outpatient prescription drugs for program enrollees. On Tuesday, investors with several large pension funds announced plans to block the reelection of several Mylan board members who they say are overpaid. [Full Article...]

Pakistan summons Indian envoy over ceasefire violations

Pakistan summons Indian envoy over ceasefire violations Nafees Zakariya, Pakistan's foreign ministry spokesman, confirmed the deaths in a press briefing in Islamabad and accused India of carrying out unprovoked ceasefire violations . As many as 80 people were killed and hundreds wounded in explosion on Kabul's diplomatic quarter. "The Indian Army posts are retaliating strongly and effectively and firing is presently on", he said. [Full Article...]

WaPost: Russians Might Get US Diplomatic Compounds Back

The Russian government was unable to offer a similar response, which for Putin and his cabinet raises a question of whether the USA has no spies, or whether the Russians are just bad at finding them. At the same time, Russian President Vladimir Putin has accused the United States of starting an arms race through a network of missile defense systems in various locations such as Korea and Alaska... [Full Article...]

California, New York, Washington unite to back climate pact

California, New York, Washington unite to back climate pact The president said the agreement gives "countries an economic edge over the United States", adding, "that's not going to happen while I'm president". "I was elected to represent the voters of Pittsburgh, not Paris ", he said . "Addressing rising temperatures is vital to ensuring the continued health and prosperity of populations across the globe". "Stopping climate change is something we can o... [Full Article...]

Gunshots and explosions at Philippine mall

Dela Rosa said there was no immediate indication of terrorism. A resort in the Philippines is apparently under attack. Meanwhile, as The Two-Way reported , the Philippine military has been battling ISIS-linked militants that seized parts of the southern city of Marawi last month. [Full Article...]

Moody's downgrades China over surging debt fears

Moody's downgrades China over surging debt fears Moody's last cut its China credit rating in November 1989, not long after the bloody crackdown on mass protests in Beijing's Tiananmen Square rocked the nation. Driven mainly by government stimulus, growth in the Chinese economy has gone hand in hand with rapid credit growth, creating a glut of debt that stands at nearly 300 percent of the country's GDP. [Full Article...]

Trump announces USA will withdraw from Paris climate deal

Katko talked at length about the Paris agreement , signed by more than 190 nations, at a public forum last month at Onondaga Community College. "It's time to exit the Paris accord", Mr. Musk had threatened to do so prior to Trump's announcement. Share your response in the comments. "Leaving Paris is not good for America or the world", he said on Twitter. [Full Article...]

Despite ongoing controversies, United to launch 18-hour flight

Fourth is San Francisco-Singapore, which is 8,435 miles. The flight will be operated by a Boeing 787-9 aircraft, which has a published maximum range of about 8786 miles, just higher than the estimated distance for this flight. United Airlines , which already flies some of the industry's longest flights, claims it's ready to add the longest nonstop flight ever flown by a US airline. [Full Article...]

Subpoenas issued for Flynn, Trump lawyer

Subpoenas issued for Flynn, Trump lawyer The Senate intelligence committee announced Comey's appearance, and a Comey associate said he had been cleared to testify by Robert Mueller, another former FBI director now overseeing that investigation as special counsel. He said Nunes recused himself from the investigation but still insists on having a final say in what subpoenas are issued in the Russian Federation investigation. [Full Article...]

Lebanese ministry bans 'Wonder Woman' because Gal Gadot is Israeli

Lebanese ministry bans 'Wonder Woman' because Gal Gadot is Israeli And Carter believes she, Gadot and film director Patty Jenkins share a special bond because of the movie. Not only did she help dream up the look of the Amazon island and hire scores of actresses to serve as its resident warriors, she's the first woman to direct a major superhero movie, and her success could pave the way for others . [Full Article...]

Trump pulling U.S. out of Paris climate agreement

Scientists say Earth is likely to reach more unsafe levels of warming sooner as a result of the president's decision because America contributes so much to rising temperatures. Crowds gather to protest the USA withdrawing from the Paris climate agreement on June 1, 2017 . Eventually, the page does a whole 360 which lands back to Trump's announcement on the deal. [Full Article...]

Enormous Stratolaunch aircraft rolled out for first time

Stratolaunch is envisioned to drag rockets and smaller satellites to about 30,000 feet, at which point the rocket is released and carries the satellite to low-earth orbit. Floyd clarified that in the coming weeks, the Stratolaunch will be tested for fuel systems & engines, meaning that it will be rolled out more often from its base in the air and space port at the Mohave desert. [Full Article...]

How Many H&T Group Plc (LON:HAT)'s Analysts Are Bullish?

JP Morgan Cazenove's target would indicate a potential upside of 16.63% from the company's stock close price. About 2.35 million shares traded. Renold plc was upgraded by analysts at FinnCap to a "buy" rating. Investors sentiment decreased to 1.06 in Q4 2016. Its up 10.76, from 1.01 in 2016Q3. 51 funds opened positions while 152 raised stakes. Carroll Associate invested 0% in Intercontinental ... [Full Article...]


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