Thursday, 25 May 2017
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Indian forces targeted UNMOGIP vehicle at LoC


The sources said the blast, as shown in the video, happened from below the structure, and appeared to be an Improvised Explosive Device blast and not artillery fire. Reports also indicated that Pakistan has put its forward airbases facing Indian on heightened alert with some jets flying close to Siachen and PAF Chief has warned that his forces will respond to any "aggression by the enemy in a manner that their future generations will also remember it". Read More »

US Fed: New rate hike likely appropriate 'soon'


The Canadian dollar was trading at C$1.3414 to the greenback, or 74.39 USA cents, up 0.5 percent. Japan's Nikkei rose 0.66 per cent and emerging market stocks rose 0.05 per cent. Energy shares slipped 0.4%. The dollar index against a basket of major currencies .DXY . was down 0.3 percent at 96.983. "Our US economists expect the minutes to come down on the hawkish side and continue to expect the Fed to hike in June and September and announce balance sheet reduction in December", Citi ... Read More »

What the CBO does and how it gets its numbers


The Congressional Budget Office, a non-partisan group of experts who analyze US legislation, said the bill would reduce federal deficits by $119 billion between 2017 and 2026. JUDY WOODRUFF: So, we know the Republicans were trying to do a number of things with this legislation to make it more palatable to more people to win not only approval in the House, but to win approval in the Senate. Read More »

The Technical Chart For DSW Inc. (DSW) Is Speaking Volumes

Institutional investors have recently modified their holdings of the company. Inc. increased its position in DSW by 4.5% in the third quarter. PNC Financial Services Group Inc. That value represents a market adjusting for revenues that have been growing by 0.38 % on a quarterly year/year basis as of the company's last quarterly report. Read More »

OPEC meets to extend oil cuts for up to one year


The group could also send a message to the market that it will seek to curtail its oil exports, which have not declined as steeply as its production. That already puts American production up there with Saudi Arabia and Russian Federation and cuts further into OPEC's past ability to play a role in setting prices and supplies. Read More »

General Motors counts initial job losses from SA exit


Some 600 workers out of 1,500 at General Motors in South Africa will lose their jobs by July after a decision last week by the American giant to sell its local operations, South Africa's top manufacturing union said. "Due to a combination of factors including plummeting sales as a result of the crisis, GM has faced impending bankruptcy". The company said the number of employees (an estimated 589) to be affected is not yet final. Read More »

Delhi ministers, officers to meet public without appointment: Manish Sisodia


The public meets are a part of an outreach programme that seeks to bridge the gap between the people and AAP , which faced defeats in recent state assembly elections and a rout in the Delhi civic polls held last month. The senior officer, in turn, is expected to keep the concerned ministry informed. This is not the first time that the AAP government has tried to put in place a formal system to meet the public. Read More »

Video shows woman jumping on SUV to stop thieves during attempted carjacking


Don't mess with Melissa Smith. Smith is then forced to jump back into her moving vehicle to break it before it crashed. Smith tells WISN that the would-be thief looked at her and laughed, and that "really irritated" her. So I tried to stop it, but I obviously I couldn't, ' she said. 'I realized my vehicle was still moving. While the suspects haven't been caught, police who arrived on the scene fingerprinted Smith's vehicle. Read More »

Take Profits on Best Buy Co Inc (BBY) Stock Now!


Large investors have recently made changes to their positions in the company. For the last period, the company reported quarter over quarter EPS growth of 36.20% and quarter over quarter sales growth of -1.00%. ILLEGAL ACTIVITY WARNING: "Assetmark Inc". More recent Best Buy Co Inc (NYSE: BBY ) news were published by: Nasdaq .com which released: "Is a Beat in the Cards for Best Buy ( BBY ) in Q1 Earnings?" on May 19, 2017. Read More »

The end of austerity in Saudi Arabia


In an otherwise carefully read speech, the detour led pundits to believe Trump was not ready to fully discard the more charged terms - especially since he routinely blasted President Obama and Hillary Clinton for not saying radical Islamic terror. Read More »

Cabinet Members Testifying on Trump Budget on Capitol Hill


That's a priority of new Education Secretary Betsy DeVos , who has said her mission is to "advance God's kingdom". President Donald Trump's Fiscal Year 2018 budget proposal spells trouble for many "critical programs" vital to Virginia's families, children, seniors and businesses, according to U.S. Read More »

Photo emerges of Manchester Arena Libyan attacker Salman Abedi

In a Facebook post soon after the attack, York College student Alex Klis made a plea to help find her parents, Angelika and Marcin Klis. "One of the victims is a serving police officer but, respecting their family's wishes, I will make no further comment at this stage", Greater Manchester Police Chief Constable Ian Hopkins at a news conference Wednesday. Read More »

Wall Street closes higher after Fed minutes


The U.K.'s FTSE 100 Index rose 0.4 percent or 29.61 points to 7,514.90, the French CAC 40 Index edged up by 0.3 percent or 16.94 points to 5,341.34 and the German DAX Index grew 0.3 percent or 39.69 points to 12,642.87. In corporate news, Marks & Spencer reversed earlier losses to trade higher after it reported steady sales but a 64% plunge in profit for the year to 1 April after taking a £437.4m hit mainly from changes to its pension scheme, global stores, and United Kingdom head office. Read More »

OPEC and other nations poised to extend output cuts


But the hoped-for benefits could be short-lived. Opec's cuts have helped push oil back above $50 a barrel this year, giving a fiscal boost to producers, which heavily rely on energy revenues and have had to burn through foreign-currency reserves to plug holes in their budgets. Read More »

Moody's cuts ratings of 26 Chinese state firms


Moody's put China on a negative outlook in March of past year, with S&P following suit four weeks later. Moody's Investors Service downgraded China's sovereign rating for the first time in almost 30 years, citing potential further slowdown in the economy and financial risks from years of credit-fueled expansion. Read More »

Steel Dynamics Inc (NASDAQ:STLD) Institutional Investor Sentiment Is 0.96

Berenberg initiated the stock with "Buy" rating in Wednesday, October 14 report. The rating was downgraded by Bank of America to "Neutral" on Wednesday, July 20. 07/19/2016 - Steel Dynamics , Inc. had its "neutral" rating reiterated by analysts at Clarkson Platou. They now have a Dollars 33 price target on the stock. Read More »

New defence procurement policy in offing: Jaitley


The Cabinet Committee of Security (CCS) on Wednesday put its stamp on the defence ministry's " Strategic Partnership " model to involve the Indian private companies in the manufacture of four high-tech defence equipment - fighter aircraft, helicopters, submarines and armoured vehicles and battle tanks. Read More »

Ivanka Trump delighted over the empowerment of Saudi women


He also said that the US and its regional allies should be aware of the fact that Iran is a "democratic, stable and powerful" country which seeks to fight terrorism and violence and will not change its path because of the USA claims. On Tuesday, he is set to meet with Palestinian leader Mahmoud Abbas in the West Bank and deliver a speech at the Israeli Museum. Meanwhile, Tillerson also said Monday that Trump's views on Islam " continue to evolve". Read More »

CBO Report on Health Bill: What It Is and Why It Matters

The CBO previously projected the AHCA would leave 24 million fewer Americans with health insurance by 2026 compared to the current law. There is a chart on the very last page of the CBO report that really lays bare the trade-offs of the Republican plan. Read More »

AstraZeneca plc (AZN) Rating Reiterated by JPMorgan Chase & Co


As per Friday, October 23, the company rating was maintained by RBC Capital Markets. The firm has "Buy" rating by Stifel Nicolaus given on Wednesday, December 23. Wcm Inv Management Ca has 26,763 shares. Bancorp Of New York Mellon Corporation has invested 0% of its portfolio in Veritiv Corp (NYSE:VRTV). Boston Private Wealth Ltd Liability reported 0.41% stake. Read More »

The first run of Tejas Express gets lot of damage


It also has several unique features, such as 9-inch infotainment screens for every seat, tea and coffee vending machines, vacuum bio-toilets, automatic doors and hands-free water taps. What was deemed as a welcome move, the train promised an ultra-luxurious experience with improved facilities for passengers travelling between Mumbai and Goa. Read More »

Meet Dr Tedros Ghebreyesus - the new World Health Organization chief


Tedro said, according to The Washington Post . He beat out 67-year-old physician and longtime United Nations official David Nabarro and 54-year-old cardiologist Sania Nishar from Pakistan. Ghebreyesus was nominated by the government of Ethiopia, and will begin his five-year term on July 1, 2017. The third candidate, Sania Nishtar , was eliminated in the first round of voting. Read More »