Economy

London Bridge terrorist starred in BBC documentary 'The Jihadis Next Door'

London Bridge terrorist starred in BBC documentary 'The Jihadis Next Door' Police said Zaghba is believed to be an Italian national of Moroccan dissent and was not a "police or MI5 subject of interest". Zaghba was stopped at Bologna's airport trying to fly to Turkey in March past year over concerns he was intending to travel on to Syria , according to reports . [Full Article...]

Trump International Hotel received $270000 from Saudi Arabia

Trump International Hotel received $270000 from Saudi Arabia The signing ceremony lasted 22 minutes. As Sen. Chris Murphy (D-CT) pointed out, "the Saudis are deliberately trying to create a starvation inside Yemen in order to essentially starve the Yemenis to the negotiating table" - and "the United States is participating". [Full Article...]

ECB president says risks to economy diminished

ECB president says risks to economy diminished The precise detail of this point was a simple change of statement , from expecting interest rates would '[remain] at their present levels or lower " to "at their present levels for an extended period of time'. The leaks yesterday purported to be the staff forecasts were spot on - growth forecasts were tweaked by 0.1% from March for this year and the next two. [Full Article...]

ECB president sees inflation still subdued

ECB president sees inflation still subdued The bank kept interest rates and its bond purchase stimulus program unchanged at a meeting of its 25-member governing council. However, rate futures suggested traders were far more confident on a rate hike after next week as they speculated on when Fed policymakers would announce their plan to reduce the central bank's $4.5 trillion balance sheet. [Full Article...]

Texas Republicans dismiss Comey's testimony, defend Trump

After a buildup second only to the release of Adele's "25", James Comey's testimony to Congress left Trump-haters weeping bitter tears - the same kind they wept the night he was elected. "I was honestly concerned that he might lie about the nature of our meeting, and so I thought it really important to document", Comey said. Again, I don't know him well enough to know how he reacted to tha... [Full Article...]

Apple Music enters home speaker market with HomePod

Apple Music enters home speaker market with HomePod Apple's speaker will be launching in the U.S., U.K., and Australia in December, with additional markets to come next year. " Apple is smart to frame the HomePod as a music-centric and audio-centric device rather than just another smart speaker or another home for Siri ", said Jackdaw Research analyst Jan Dawson. [Full Article...]

Eurozone growth revised up to 2-year high

Eurozone growth revised up to 2-year high At 5:15 Easter hours, the euro was trading at 1.128 against the dollar and by 6:30 Eastern hours, the euro was down to 1.12 against the dollar. The council made a small concession to the improving economic backdrop by dropping wording that it could lower interest rates further. [Full Article...]

Rice Midstream Partners LP (RMP) Stake Lowered by OppenheimerFunds Inc

Rice Midstream Partners LP (RMP) Stake Lowered by OppenheimerFunds Inc The Business's customers include oil and gas companies, independent refiners, chemical companies, fertilizer manufacturers and other wholesale purchasers. Alliancebernstein L.P. bought a new stake in shares of Summit Midstream Partners during the first quarter worth about $227,000. $3.94 million worth of Magellan Midstream Partners, L.P. [Full Article...]

Rite Aid Corporation (RAD): Are There Still Some Reasons For Optimism?

Rite Aid Corp now has $3.56B valuation. Sei Invests accumulated 211,684 shares. Rite Aid has a 12-month low of $3.32 and a 12-month high of $8.77. It has underperformed by 71.88% the S&P500. The stock of Rite Aid Corporation (NYSE:RAD) earned "Buy" rating by Vetr on Thursday, August 6. Moreover, Comerica Comml Bank has 0% invested in Rite Aid Corporation (NYSE:RAD). [Full Article...]

Valeant's $930 Million iNova Pharma Sale Boosts Stock Price

Valeant's $930 Million iNova Pharma Sale Boosts Stock Price About 689,057 shares traded. Its down 0.10, from 0.88 in 2016Q3. Valeant Pharmaceuticals Intl had a positive return on equity of 43.81% and a negative net margin of 22.17%. The financials group climbed 1 percent after the Bank of Canada said the recent liquidity strain at Home Capital Group Inc was specific to that company and that the broader alternative lending system works. [Full Article...]

North Korea missiles a 'direct threat' to Russia

North Korea missiles a 'direct threat' to Russia President Donald Trump took office. The statement said the latest resolution was said to have been put together by the USA and China in the "back room". "They would squarely see that their mean and indiscreet act would go in just opposite direction to what they want for". "That is why it is alarming". [Full Article...]

The Suntrust Banks Inc. Buys 63 Shares of Colony Starwood Homes (SFR)

While in the same Quarter Previous year, the Actual EPS was $-0.15. Colony Starwood Homes ( SFR ) has the market capitalization of $3.87 Billion. Four investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. [Full Article...]

Stock's Stunning Activities: Kimco Realty Corporation (KIM)

That should give you a pretty good sense of the level of risk implied in a short-term trading approach in the stock with a stop-loss in place. Noble Corporation Ordinary Shares (UK) (NYSE:NE) has declined 46.66% since June 8, 2016 and is downtrending. [Full Article...]

Alibaba on track to post almost 50% growth

Alibaba on track to post almost 50% growth The stock price of Alibaba Group Holding (NYSE: BABA ) increased significantly after management boosted its revenue growth forecast for the full fiscal 2018. Zhang told investors that the company has essentially grown into an economy unto itself, fueled by Chinese consumers' comfort with interacting with retailers on mobile. [Full Article...]

Interior chief to review sage-grouse conservation plan

Interior chief to review sage-grouse conservation plan Conservation groups' view was more critical. The federal plans follow a similar approach, identifying the most crucial areas, reducing surface disturbance in habitat areas and allowing oil and gas developers to make up for disturbance in one area that they want to drill, by enhancing the bird's habitat in another area. [Full Article...]

Trump In Cincinnati: 'Time To Rebuild Our Country'

President Donald Trump visited Ohio Wednesday, where he discussed Republican efforts to reform healthcare and his plan to spend $1 trillion on US infrastructure. Trump has said the pact that almost 200 nations agreed to in 2015 was unfair to the United States. PRESIDENT DONALD TRUMP: We build in foreign countries. [Full Article...]

European Central Bank keeps stimulus in place

The currency bloc's economy has been on its best run for a decade but ECB President Mario Draghi is yet to be convinced that the recent rebound in inflation is durable because wage growth remains sluggish. "Now we have a new situation that the economy is relatively good, while inflation remains very low ", Tödtmann told DW. While the improving economy has sparked a debate about policy, it... [Full Article...]

Sessions offered to quit during exchange with Trump

According to the organizers the objective of The Family Leadership Summit is to inspire, motivate, and educate conservatives. Pressed repeatedly on the topic, Spicer said he simply had not talked to Trump about the matter and added: "If I have not had a discussion with him about a subject I tend not to speak about it". [Full Article...]

Pakistan signs convention to curb cross-border tax evasion

Pakistan signs convention to curb cross-border tax evasion Welcoming the signing of the Convention, Finance Minister Ishaq Dar said that becoming a signatory to this convention further demonstrates and strengthens Pakistan's commitment to countering cross-border tax avoidance and evasion. "Beyond saving signatories from the burden of re-negotiating these treaties bilaterally, the new convention will result in more certainty and predictability for business... [Full Article...]

Oil prices plunge to one-month low after United States stocks rise

Oil prices plunge to one-month low after United States stocks rise At 513.2 million barrels, USA crude oil inventories are in the upper half of the average range for this time of year, the EIA said Wednesday. Here are three charts showing what made oil bulls run scared. Given that backdrop, we expect the WTI discount to Brent to widen until the market arrives at the juncture where stocks outside the USA normalize and the call on United States crude export... [Full Article...]


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