Tuesday, 25 July 2017
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Saudi oil cut would be a hit-and-hope strategy


Energy ministers at the meeting said the output-cap agreement could be extended beyond next year's first quarter if needed, according to multiple reports. Crude oil prices moved between strong to medium gains for most of early morning trading. "U.S. growth projections are lower than in April, primarily reflecting the assumption that fiscal policy will be less expansionary going forward than previously anticipated", the report read. Read More »

EU, German regulator studying reports of automaker collusion


German luxury carmaker BMW on Sunday denied any collusion with industry rivals on emissions from its diesel engines, saying none of its models had been "manipulated" or violated industry regulations. Daimler announced last Wednesday that it is investing €220m to recall and retrofit for free almost all of its Euro 5 and Euro 6 diesel cars sold in Europe - including around three million Mercedes-Benz cars - in order to "effectively improve the emissions ". Read More »

Scaramucci Defends Trump's Pardon Tweet: 'He's the President of the United States'


Trump's own national security officials, however, recently reaffirmed that Russian Federation was behind the hacking campaign. The column is a blistering assessment from Scaramucci of Trump's overall tone and rhetoric. But on Saturday, the day after he became Trump's communications director, he announced on Twitter that he's deleting his old tweets , which he said are only a distraction. Read More »

Jordan Spieth (-6) holding on to solo lead at British Open


Hit the drive down the middle but too far, there's rough and beyond that a ditch at the top of the bend. QUOTABLE: "I wasn't going to have much trouble with that club, but I mishit it and got very fortunate to scoot that last bunker". He was looking at bogey or worse when he chipped in for par . "We just asked", Day said. The 10th hole, a 402-yard, par-4, runs back toward the ninth tee. Read More »

Audi voluntarily recalls up to 850000 diesel vehicles


In the US, the software turned on emissions controls during lab tests and illegally turned them off when the cars were on the road, to improve performance. Diesel technology has been under assault since Volkswagen was found cheating on emissions tests almost two years ago. His handling of Audi's part in VW Group's emissions-cheating has been under heavy fire since March when German investigators raided Audi offices in connection with the diesel scandal. Read More »

CNN's Smerconish has 'exit interview' with Sean Spicer before his resignation


It has always been suggested Priebus is in danger of being ousted by Trump , but following Spicer's departure and Priebus' reported tensions with Scaramucci , there are also those who believe he could opt to resign. Scaramucci is the founder of the investment firm SkyBridge Capital, which was worth nearly $12 billion when he sold it to a Chinese consortium in January, NBC reports . Read More »

Excessive Heat Warning Continues


Heat index values as high as 102. The National Weather Service is warning that some of the hottest temperatures of the year will be possible starting on Thursday and lasting into the weekend . Tonight , it will be clear with a low of 78 and a south wind of 8 miles per hour, according to the weather service. All of this heat and humidity is flawless fuel to fire up some storms! The Lehigh Valley and northwest New Jersey are in a heat advisory , while excessive heat is expected south ... Read More »

Metal Detectors Lead To Violence Between Israelis And Palestinians

Despite global pressure to remove the metal detectors , Israel's high-level security cabinet decided early Friday to keep them in place, citing intelligence reports of impending attacks . Israel says the extra security is needed after two Israeli policemen were killed near the site a week ago. The mosque lies on a hill known as the Haram esh-Sharif to the Palestinians and the Temple Mount in Israel. Read More »

Marvel confirms Daredevil season 3 and Iron Fist season 2

Bleak, menacing bordering on exploitation cinema, the footage showed off a damaged Frank Castle ( Jon Bernthal ), who's half Charles Bronson in "Death Wish" and half Clint Eastwood's "Dirty Harry". Showrunner Marco Ramirez said that instead they'll be fighting in " really dirty bars". You'd expect a show about a super-ninja would involve some electrifying action. Read More »

Murkowski: Can't repeal ACA without acceptable replacement


Senate Republican leadership wanted to move forward with a repeal of the Affordable Care Act, but Sen. As the Senate GOP's efforts to pass its healthcare plan have stalled and Senate Majority Leader Mitch McConnell has called for a vote to repeal the Affordable Care Act, most employees aren't particularly anxious about the ACA disappearing. Read More »

Trump Juggles Healthcare and "Secret" Putin Meeting Accusations

Trump and Putin were seated at opposite ends of the table for the dinner, but the American leader left his spot and sat next to the Russian. In a shocking revelation earlier this month, Trump Jr had admitted that he met a year ago with a Russian lawyer whom he says had promised to provide damaging material on Trump's presidential rival Hillary Clinton . Read More »

BBC under fire for gender pay gap

In the United Kingdom, there is a $190 annual fee exacted on every television-owning household, as well as those who watch BBC programs online. Former English soccer great Gary Lineker , who hosts football analysis show Match of the Day , was the second highest-paid person on the list at £1.75 million ($A2.87 million) and took to Twitter to jokingly respond to the gender pay-gap furore. Read More »

Geode Capital Management LLC Acquires 108213 Shares of FireEye, Inc. (NASDAQ:FEYE)

By digging out more, for short-term or active investment approach moving average with a short time frame will react much quicker to price changes interpretation. Several blemishing value in the stock market possibly will oblige dedication of a person and lot of hard work. Telephone and Data Systems, Inc. Princeton Alpha Mgmt Limited Partnership reported 53,376 shares or 0.13% of all its holdings. Read More »

American Express Company (AXP) - Morgan Stanley Maintains Rating And Updates Price Target


A number of research analysts recently weighed in on the company. Price/Earnings to growth ratio for the company is 1.48 and the stock shows its Price/Sales (ttm) of 2.59 and Price/Book for the most recent quarter of 3.67. Tesco Pension Investment Ltd bought a new position in shares of American Express Company during the first quarter worth about $137,325,000. Analysts are speculating a 16.93% move, based on the high target price ($100) for the shares that is set to reach in the next 12 ... Read More »

Trump's 2nd meeting with Putin stirs concern among his advisers


Susan Collins of Maine, Lisa Murkowski of Alaska and Shelley Moore Capito of West Virginia. However, a source told CNN that Kushner's testimony would be behind closed doors. Majority Leader Mitch McConnell had indicated he was prepared to move on to other issues including overhauling the tax system. They spoke on condition of anonymity because they were not authorized to speak about the meeting on the record. Read More »

The Senate auditioned the son of Donald Trump next week — Business Russian


The Senate Judiciary Committee said on Wednesday that it had called Trump's eldest son, Trump Jr ., and his then-campaign manager Manafort to testify before a panel on July 26. He was obligated to disclose foreign contacts on his security clearance form, and it's a crime to knowingly withhold information from the government on this application. Read More »

Suppliers join Apple's legal fight against Qualcomm


QTL (licensing business ) revenues of $1.17bn were down 42 per cent from the year-ago quarter and 48 per cent sequentially. The results for the quarter ended June 25 represented a 40 percent drop. Qualcomm expects these licensees to continue to take such actions in the future until the respective disputes are resolved. However, if Qualcomm finds itself entitled to royalties on, say, just the cost of the wireless subsystems within smartphones, then this could have a dramatic, highly ... Read More »

BMO Capital Cuts Rating On Chipotle Mexican Grill, Inc. (CMG)


Focused Wealth Inc stated it has 9 shares. Capital Impact Advisors LLC held its stake in Chipotle Mexican Grill , Inc. About 2.44 million shares traded or 103.33% up from the average. Several other equities research analysts have also recently commented on CMG . They expect $2.19 earnings per share, up 151.72% or $1.32 from last year's $0.87 per share. Read More »

Will Draghi Drop Any Tapering Clues?


On Thursday, July 20, if Draghi were to refrain from talking about a possible expansion of the purchase program, it would give a further indication of a potential shift in monetary policy. The yearly rate came in at a slower-than-expected 2.6% while the monthly rate printed a stagnant 0%. The bank has restricted itself to purchasing no more than a third of the bonds issued by any country. Read More »

BHP posts 13% fall in output


Liberum Capital hold steady the price target of BHP Billiton PLC (LON: BLT ) at 800.00GBX reporting a potential downside of -0.39%. COPYRIGHT VIOLATION NOTICE: "West Coast Financial LLC Cuts Stake in BHP Billiton Limited (NYSE:BHP)" was originally published by StockNewsTimes and is the sole property of of StockNewsTimes. Read More »

International Business Machines Corporation's (NYSE:IBM) Hold Rating Reiterated at Guggenheim


Capstone Investment Advisors Llc increased Microsoft Corp (NASDAQ:MSFT) stake by 891,932 shares to 2.05 million valued at $127.52 million in 2016Q4. IBM's shares fell 3 per cent to $149.15 in after-market trading. Standpoint Research upgraded International Business Machines Corporation from a "hold" rating to a "buy" rating in a report on Wednesday. If you are reading this report on another publication, it was stolen and reposted in violation of USA and global copyright & trademark laws. Read More »

Daimler to recall over 3 mln diesel cars across Europe


Millions of vehicles in the US and Canada have been recalled because of the Takata airbag saga, plus a wide array of other issues. There have been calls for diesel bans in German cities to reduce excessive pollution levels. The company also remains the subject of criminal and regulatory scrutiny in Europe and is facing civil action by drivers in the United Kingdom who are demanding compensation, claiming they were also duped. Read More »

Sean Spicer contradicts Trump Jr on 'Russian' meeting

The subject line of the back-and-forth between the two was " Russia - Clinton - private and confidential", and Trump Jr. was promised incriminating information on Hillary Clinton from a " Russian government attorney " that was "part of Russia and its government's support for Mr. Read More »