Economy

Attacker shot outside Notre-Dame cathedral in Paris

Attacker shot outside Notre-Dame cathedral in Paris The man armed with a hammer shouted "this is for Syria " before attacking police officers on Tuesday outside France's Notre Dame cathedral in Paris , the interior minister said. One officer was killed and two others were injured. However, things will get clear after completion of investigations by the French anti-terrorist prosecutors. [Full Article...]

Are Analysts Bullish about Grainger PLC (LON:GRI) after last week?

As per Thursday, May 5, the company rating was maintained by Deutsche Bank. 10/08/2016 - Stock Spirits Group had its "Hold" rating reiterated by analysts at numis. Lloyds Banking Group plc is a provider of financial services to individual and business clients in the United Kingdom. The company's market capitalization is GBX 6.30 billion. [Full Article...]

China dismisses Moody's downgrade as "inappropriate"

China dismisses Moody's downgrade as China's Finance Ministry said the downgrade overestimates the risks of rising debt and claims it was based on "inappropriate methodology". Whilst acknowledging that reforms on the financial system are being implemented, the agency said it is unlikely to prevent a further material rise in economic debt and government liabilities. [Full Article...]

Trump's fight with London mayor perplexes his critics

The 46-year-old mayor, who assumed office in May 2016 after serving in Parliament, generally praised the "special relationship" between the United States and Britain. Prime Minister Theresa May , the Conservative Party leader, was asked earlier on Monday about Trump's criticism of Khan. The comments also raise issues about Trump's forthcoming state visit to the UK. [Full Article...]

J.Crew gets new CEO; Mickey Drexler still chairman

J.Crew gets new CEO; Mickey Drexler still chairman That, unfortunately, turned out to be the case with J.Crew's Mickey Drexler , who is stepping down as chief executive of the retailer, despite a reputation as among the greats in apparel retailing based on leading a turnaround of Gap and creating its successful Old Navy chain. [Full Article...]

Police name two London attackers as Khuram Butt and Rachid Redouane

The Islamic State group has claimed responsibility. Seven victims were killed in the attack, including a French national and a Canadian woman named Christine Archibald , officials said. The third attacker has been identified, police said, but his name has not been publicly released. May faced questions from reporters on Monday over whether she regretted cutting police numbers by around 20,0... [Full Article...]

Taking a Fresh Look at Realty Income Corporation (O)

Realty Income now has $14.78 billion valuation. (NASDAQ:PLAY) has risen 74.20% since June 7, 2016 and is uptrending. It has underperformed by 6.07% the S&P500. 62 funds opened positions while 54 raised stakes. Analysts are forecasting earnings of $0.75 on a per share basis this quarter. (NYSE: GTY ). Pub Sector Pension Investment Board invested 0% of its portfolio in Getty Realty Corp. [Full Article...]

A Newcastle Mosque Reveals The Late Cheick Tiote Was A Devout Muslim

A Newcastle Mosque Reveals The Late Cheick Tiote Was A Devout Muslim Newcastle , with whom Tiote made over 150 appearances across seven seasons, have felt his loss more keenly than others, and fans of the Magpies have now set up a petition to honour the ex-Ivory Coast global by retiring the number 24 shirt he wore during his St. [Full Article...]

Qatar leadership 'may change' amid diplomatic crisis

Intelligence from U.S. agencies signaled that Russian hackers were involved in the first cyberattack two weeks ago. On Tuesday, Jordan announced that it would downgrade its own diplomatic ties to Qatar and work to revoke licenses for the Doha-based multinational broadcaster Al-Jazeera. [Full Article...]

Sears, Kmart To Close Additional Stores In 2017

Sears, Kmart To Close Additional Stores In 2017 The company called the decision to close stores "a hard but necessary one". According to Business Insider , the closures will bring Sears' store count to about 1,200, down from 2,073 five years ago. Yes, this journalist lived right next door to a Sears home. The Sears department store in Valley View Mall was not on the list. They became so prolific, like Wal-Mart today, they were the ba... [Full Article...]

Ergen's Dish Network facing $280m telemarketing fine

Ergen's Dish Network facing $280m telemarketing fine In a ruling yesterday, the court found that Dish "caused millions and millions of violations of the Do Not Call Laws". The Department of Justice and four states - Illinois, California, North Carolina and OH - filed the case against Dish in 2009, which came to trial a year ago. [Full Article...]

Oil prices slide almost 1 percent on persistent glut concerns

Oil prices slide almost 1 percent on persistent glut concerns Now the United States is producing over 9.3 million barrels per day which is also close to what major producers such as Saudi Arabia and Russian Federation produce in a day. Oil prices are down around 10 percent since the decision, and OPEC officials have since suggested they may deepen the cuts. Sentiment on oil has turned soar despite data from the Energy Information Administration on Thursd... [Full Article...]

WWDC 2017: Apple introduces smart compact music speaker

Like the Amazon Echo and Google Home, the HomePod will play music while also helping people to manage their lives and homes. Apple also touched on other Siri features in the speaker, although these were mentioned in a secondary manner - the company is clearly focusing on the music capabilities. [Full Article...]

Saudi, UAE banks hold off on Qatar deals; central banks investigate exposure

Saudi Arabia and its Gulf allies may have felt emboldened by Trump's visit, which saw the new president clearly align US interests with Riyadh and lash out at Iran. Qatar "believes such differences between sister countries must be resolved through dialogue", Sheikh Mohammed added in his remarks. As for the US response, both Secretary of State Rex Tillerson and Defense Secretary James Mattis say ... [Full Article...]

Southwest Airlines Co (LUV) Upgraded to "Buy" at Zacks Investment Research

Southwest Airlines Co (LUV) Upgraded to It becomes significant when you consider how many shares are shorted versus the average daily volume, means how many days to cover those short shares at that volume. This represents a $0.50 annualized dividend and a yield of 0.82%. KELLY GARY C also sold $81,648 worth of Southwest Airlines Co (NYSE:LUV) on Wednesday, May 17. [Full Article...]

The Biffa PLC's (BIFF) Buy Rating Reiterated at Numis Securities Ltd

The rating was downgraded by Numis Securities to "Add" on Friday, May 27. Peel Hunt has "Hold" rating and GBX 380 target. The stock has "Overweight" rating by Morgan Stanley on Friday, January 13. Card Factory Plc had 63 analyst reports since July 23, 2015 according to SRatingsIntel. JPMorgan Chase & Co. restated an "overweight" rating on shares of Shire PLC in a research note on Wednesday, Februa... [Full Article...]

Trump'll not invoke executive privilege to block Comey's testimony --White House

Mr Comey's testimony comes pursuant to a meeting with newly appointed special counsel for the Russian Federation investigation and former FBI colleague Robert Mueller, who it is possible may have asked Mr Comey's testimony comes pursuant to a meeting with newly appointed special counsel for the Russian Federation investigation and former FBI colleague Robert Mueller, who it is possible may have as... [Full Article...]

British Airways says computer outage causing global delays

The airline had earlier suspended flights up to 6 p.m. (1700 GMT) because the two airports had become severely congested. The pilot said passengers on planes that have landed at Heathrow were unable to get off because there was nowhere to park. [Full Article...]

Qatar seeks Kuwait mediation over diplomatic rift

Saudi Arabia and other Arab powers severed diplomatic ties Monday with Qatar and moved to isolate the nation, accusing it of supporting terrorist groups and backing Iran. As for the USA response, both Secretary of State Rex Tillerson and Defense Secretary James Mattis say they don't think the decision will affect the fight against terrorism. [Full Article...]

US approves $1.4 bn slice of massive Saudi arms deal

The Gulf countries ordered their citizens out of Qatar and gave Qataris overseas 14 days to return home to their peninsular nation, whose only land border is with Saudi Arabia. The other two nations in the six-member GCC, Kuwait and Oman, have so far maintained their diplomatic and commercial ties with Qatar. In a statement issued on Monday, he said he hoped that the latest diplomatic crisis w... [Full Article...]


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