Economy

Marston's PLC's (MARS) Add Rating Reiterated at Peel Hunt

Mariner Investment Group Llc sold 153,600 shares as Voya Prime Rate Tr (PPR)'s stock declined 2.17%. The Healthinvest Partners Ab holds 78,905 shares with $8.31 million value, down from 85,205 last quarter. The firm earned "Buy" rating on Wednesday, January 11 by Peel Hunt. Liberum Capital reiterated a "buy" rating and set a GBX 2,440 ($30.87) target price on shares of Go-Ahead Group plc in a re... [Full Article...]

Fire in London apartment tower: 12 dead, residents demand answers

Speaking in Downing Street, May said: "When it's possible to identify the cause of this fire, then of course there will be proper investigation and if there are any lessons to be learnt they will be and action will be taken". THE mum who shot a chilling Facebook Live whilst trapped on the 24th floor of a blazing inferno is still missing, along with her two young kids. [Full Article...]

Bb&T Securities LLC Cut Its Abbvie INC (ABBV) Position by $4.17 Million

Bb&T Securities LLC Cut Its Abbvie INC (ABBV) Position by $4.17 Million It has outperformed by 74.38% the S&P500. Capital Planning Advisors Llc decreased Abbvie Inc ( ABBV ) stake by 38.9% reported in 2016Q4 SEC filing. Jefferies Group LLC reaffirmed a buy rating on shares of AbbVie in a research note on Friday, May 26th. [Full Article...]

Stocks sink as investors seek safety after weak sales data

Stocks sink as investors seek safety after weak sales data The dollar eased on Wednesday with investors looking past an expected US rate hike later in the day for clues on Federal Reserve policy for the rest of the year. That's one reason there has been little inflation in the economy lately, a continued concern for Federal Reserve policymakers. CHINA: Government data showed retail sales in May rose 10.7 percent from a year earlier, a small gain over ... [Full Article...]

FBR & Co Lowers Twenty-First Century Fox, Inc. (FOXA) Price Target to $31.00

With 2.54 million avg volume, 1 days are for Shopify Class A (NYSE:SHOP)'s short sellers to cover SHOP's short positions. Daiwa Securities Gru Inc has invested 0% of its portfolio in Twenty-First Century Fox Inc (NASDAQ:FOX). The weekly performance is 1.93% for Twenty-First Century Fox, Inc ., while the monthly performance measure stands at 0.43%. Therefore 50% are positive. [Full Article...]

Congressman injured in shooting now in critical condition, hospital says

Congressman injured in shooting now in critical condition, hospital says Scalise was in critical condition after surgery, according to So Young Pak, spokeswoman for MedStar Washington Hospital Center . It provided no further details about him. House Speaker Paul Ryan also identified two members of the Capitol Police who were injured, Krystal Griner and David Bailey. 'But for the Capitol police and the heroism they showed, it could very well have been a large-s... [Full Article...]

Fed expected to raise rates today

Fed expected to raise rates today The Fed also noted improvements in job gains, an uptick in household spending, and improvement in business fixed investment. The Fed said it expects United States inflation to be at 1.7 per cent by the end of this year, down from the 1.9 per cent previously forecast . [Full Article...]

Amazon Prime Reload: Deal or no deal?

Amazon Prime Reload: Deal or no deal? Amazon has created a rewards program for its Prime members who bypass using their credit cards when making purchases. Amazon's (NASDAQ: AMZN ) Amazon Prime Reload offers 2% cash-back to Prime customers loading money onto an Amazon Gift Card using either checking account or debit card. [Full Article...]

UK urges Gulf states to ease blockade against Qatar

Dujarric said the secretary-general was encouraging diplomacy "to address concerns and is ready to support such efforts, if desired by all parties". Qatari officials met Monday with Ethiopia's prime minister and Saudi officials visited the Ethiopian capital over the weekend. [Full Article...]

Top US Republican 'critical' after shooting

A House Democratic aide said it was his understanding that Bailey was not shot , but had twisted his ankle during the attack. The two officers are also recovering in the hospital. Scalise. He suffered a hip injury and underwent surgery at a Washington hospital. In addition, he said there were discussions about having some sort of ceremony at the game to mark the shootings . [Full Article...]

US consumer prices dip 0.1 percent in May

US consumer prices dip 0.1 percent in May United Kingdom inflation surged to the fastest pace in almost five years last month, according to data published Tuesday, as the pound's post-Brexit vote collapse continues to drive import prices higher. The data "won't stop the Fed hiking today, but if this trend continues through the summer then the next hike, which we have been expecting in September, will be delayed", Ian Shepherdson of P... [Full Article...]

Emerson Electric Company's (EMR) "Hold" Rating Reaffirmed at Royal Bank Of Canada

The institutional investor held 13.31 million shares of the consumer electronics and appliances company at the end of 2016Q4, valued at $420.62 million, down from 13.52 million at the end of the previous reported quarter. As of December 31, 2016, the Company owned or had ownership interests in several electrical generating facilities providing it with a generating capability of approximately 2... [Full Article...]

Qatar foreign minister denounces 'unfair', 'illegal' sanctions

Last week, Saudi Arabia and a number of its cohorts cut off diplomatic ties with the Doha government and suspended air, sea and land transport with Qatar. The diplomatic rift came two weeks after Saudi Arabia, the UAE, Bahrain and Egypt blocked several Qatari media outlets, including Al Jazeera, over comments allegedly made by Qatari Emir Sheikh Tamim bin Hamad Al Thani. [Full Article...]

Nearly 200 Congressional Democrats sue Trump over foreign payments

Many of those voters are happy about anything that makes Trump's life even a little more hard, and the lawsuit does that. She says the lawsuit represents "the kind of partisan grandstanding voters across the country have come to despise". [Full Article...]

Jeff Sessions grilled by Senate Intelligence Committee

Things got intense between Attorney General Jeff Sessions and Sen. During an interview with NBC News , President Trump said he fired former FBI director James Comey because of his handling of the Russian Federation investigation. [Full Article...]

Fed hikes key rate and unveils bond trimming plans

It reached 10 percent in October 2009 . "I would say that it's not a mortal blow to have higher interest rates ", Giordano told RMD. The Standard & Poor's 500 index, the benchmark that professional investors follow, likewise wasn't changed much either. [Full Article...]

Death toll rises to 12 in London apartment building inferno

Metropolitan Police Commander Stuart Cundy said the force do not expect to find any more survivors. Steve Apter, director of safety and assurance at London Fire Brigade, said firefighters had battled through "particularly arduous conditions" to reach the top floor. [Full Article...]

London fire: Blaze engulfs apartment block in West London

London fire: Blaze engulfs apartment block in West London The A40, a major road in West London , has been closed. "Currently, we're focusing on helping those residents and London Fire Brigade is investigating the safety of the tower's structure but we will issue a further statement in due course", said Robert Black, the company's chief executive. [Full Article...]

Premier League Fixture List Whets Appetites Ahead of Eagerly Awaited 2017/18 Season

Wednesday's announcement saw promoted Brighton and Hove Albion handed a home opener against Guardiola's Manchester City , while Newcastle United take on last season's runners-up Tottenham. Other notable games include a trip to Arsenal on December 23 and the away fixture vs. After the Blues, it is unknown when Spurs' next game at Wembley will be with Burnley , scheduled for August 26, h... [Full Article...]

Fed raises key interest rate for the fourth time since 2015

If inflation doesn't pick up, he said, the Fed will find that raising rates and reducing its balance sheet is "going to be a hard maneuver". The Fed provided no date for the start of the bond sales but said that if the economy fares as expected , "we could put this into effect relatively soon". [Full Article...]


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