Wednesday, 28 June 2017
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Trump insists he's engaged with health care bill


According to the New York Times , Sens. But at least nine Republicans senators have now said they oppose the bill as is, including Rob Portman of OH and Shelly Moore Capito of West Virginia. Lisa Murkowski had similar concerns to Collins'. "It's going to be really hard to explain to your Republican constituents who elected you that you couldn't support the thing you've been campaigning on". Read More »

Emerging assets retreat as German, US bond yields rise

A raft of economic indicators has shown the single currency bloc to be gaining momentum. However, given the distinct shift in commentary from Draghi not only overnight but earlier this month, Friend suggests an outline on potentially reversing emergency policy settings may now come sooner than what he and the markets currently expect. Read More »

Danish shipping company Maersk's IT system hit by cyber attack

Work at an Indian container port has been stalled by malicious software that is crippling computers globally. A big back up in a single port can reverberate more widely quickly. Maersk is also active in offshore support vessels, drilling rigs and oil production, plus its subsidiary Svitzer is a leading provider of tugs. The origins of the virus affecting computers were still unknown early Wednesday. Read More »

Petya ransomware monitored in Korea

The ransomware attack is said to be affecting the Claremont-based company's IT system. DLA Piper , a global law firm with offices in the United Kingdom, and Merck , a Netherlands-based pharmaceutical company, have both confirmed that they have been hit by the Petya ransomware . Read More »

US drugmaker Merck also affected by cyberattack


Moller-Maersk in Copenhagen, Denmark. "It's malicious, causing billions of dollars in losses per year to individuals, enterprises, companies, even more than that, to a national economy", he said . First revealed publicly in April, this vulnerability known as Eternal Blue was patched by Microsoft in March, so any computer set to automatically install security updates is protected. Read More »

Another Cyber Attack Sweeps Globe, Researchers see WannaCry Link


The SANS Institute referred to the ransomware as a " Petya variant" in an InfoSec Forum post . The Ukrainian Cabinet says an outburst of malicious software has been contained. "The global cyber attack hit our non-bank subsidiary, Real Estate". But the impact of this is serious. A message demanding money is seen on a monitor of a payment terminal at a branch of Ukraine's state-owned bank Oschadbank after Ukrainian institutions were hit by a wave of cyber attacks earlier in the day, in ... Read More »

Schwarzenegger meets with Macron to talk a 'clean energy future'


Mr Macron reinstated his commitment to the law last month but has evaded concrete targets for the ultimate aim of making France run completely on renewable energy. Some items on Macron's agenda of pro-business reforms are already facing resistance, in a country where unemployment has held above 7% since 1983. "Honestly, I haven't asked him", Spicer said. Read More »

Republicans not 'that far off' from passing health overhaul


It was short of support heading toward a critical procedural vote on Wednesday, and prospects for changing that are uncertain. Lacking the votes, McConnell abruptly delayed the vote until after Congress' July 4 recess. So it's quite possible that the Senate Republicans can rise from this week's setback. Several more conservative senators have voiced opposition because they feel it does not go far enough in dismantling what they call " Obamacare ". Read More »

Will the Trump Rally Die in the Senate?

It's rather odd for the president to say it would be "okay" if the Senate doesn't pass the bill he's sold as his major legislative priority. Five GOP senators had said they would refuse to bring McConnell's bill to the Senate floor: Dean Heller of Nevada, Rand Paul of Kentucky, Ron Johnson of Wisconsin, Susan Collins of ME and Mike Lee of Utah in saying they would refuse to bring the bill to the Senate floor. Read More »

Petya ransomware monitored in S. Korea

The National Bank of Ukraine warned financial institutions and related firms that they may experience difficulty in their operations, but they are "confident" that the country's banking infrastructure is "securely protected from cyberattacks and any attempts to perform hacker attacks will be efficiently warded off". Read More »

Cyberattacks Spread From Ukraine to Europe, US

The new ransomware , identified by security firm Bitdefender as GoldenEye, has two layers of encryption, researchers said. Channel NewsAsia has reached out to the Cyber Security Agency to find out if any organisations here have been affected by this latest round of ransomware attack. Read More »

One Hong Kong, two sentiments after 20 years of Chinese rule


He says: "For myself as a father with a young child at home, I don't know if I'd want her growing up in that system". The Chinese navy was overwhelmed, and with British warships poised for action in Nanking harbour, a peace treaty was signed more or less at gunpoint. Read More »

Mainers wary of Amazon/Whole Foods deal


Though it is still unclear how the joint model will work, it may be something similar to the store, called Amazon Go , which is different from a typical Walmart ( WMT - Free Report ) or supermarket. Amazon said Whole Foods would continue to operate its stores under the same brand, source and use the same vendors, and John Mackey will remain its CEO. Read More »

IMS Capital Management Has $423000 Stake in General Mills, Inc. (GIS)


As of the latest earnings report the EPS was $2.70 and is estimated to be $3.05 for the current year with 576,135,000 shares now outstanding. It also reduced its holding in Union Pac Corp (NYSE:UNP) by 2.02M shares in the quarter, leaving it with 1.21M shares, and cut its stake in Biomarin Pharmaceutical Inc (NASDAQ:BMRN). Read More »

Brokerages Set Steel Dynamics, Inc. (STLD) Target Price at $38.70

At the moment, the 14-day ATR for Simon Property Group, Inc. Steel Dynamics, Inc .'s Wall Street analysts see 9.76 % EPS growth, taking into account the $0.82 EPS reproted in the previous quarter, About 845,885 shares traded. Marketfield Asset Mgmt Limited Liability Corp holds 287,474 shares or 2.03% of its portfolio. The New York-based Hoplite Capital Management L.P. has invested 2.93% in the stock. Read More »

European Shares Seen Weak Amid US Policy Uncertainty


Japan's Nikkei share average ended down 0.5 percent, facing headwinds from the dollar's reversal of its rise against the yen. Meanwhile, U.S. Federal Reserve Chair Janet Yellen, in a speech in London, said she didn't foresee another financial crisis "in our lifetimes". Read More »

Uber's Travis Kalanick forced out by investors — BUSINESS REPORT


Also on today's show, we take a look at the OnePlus 5, the best phone you've never heard of . A successor was not immediately announced . By some measures, Uber was performing pretty well. But is the move good news for Uber? And, Kalanick wrote in a note to employees: " I never thought I would be writing this ". Last week's announcement that Kalanick would be taking an indefinite leave was accompanied by a company promise to unanimously adopt a series of 47 recommendations ... Read More »

Shekel strengthening despite United States rate hike


The Dow Jones industrial average was up 22 points, or 0.1 percent, to 21,352, little changed from before the announcement. Fed policymakers now expect the rate to be at 4.3 percent by the end of the year, down from a March forecast of 4.5 percent. Read More »

Wind fans the flames of Utah fire that has burned 13 homes


The Frye Fire in southern Arizona covered more than 37,000 acres as of Sunday, with 39% of the perimeter contained, the forest service at Coronado National Forest said. Several small communities have been warned to be ready to evacuate. Meanwhile, Riverside County sheriff's officials reportedly said they "accidentally" sent out evacuation alerts in the areas, including Norco, Corona, and Jurupa Valley, where there was no fire. Read More »

Everything you need to know about Google's €2.4bn fine


Reuters points out that this is the biggest punishment imposed by the Commission on a company to date, far exceeding the €1.06 billion sanction against the United States chipmaker Intel in 2009. Following the demotions applied by Google , traffic to rivals has dropped significantly. The commission did not specify what changes Google had to make. Read More »

Companies, Agencies Across Europe Hit by Massive Cyberattack; Source Unknown


These documents execute the SMB worm and spreads to other computers (much like WannaCry ). The Moscow-based cybersecurity firm Group IB estimated that the virus affected about 80 companies in Russian Federation and Ukraine . Spokesman Scott McConnell said DHS is "coordinating with our global and domestic cyber partners". It's spread by email through infected Microsoft Office documents. Read More »

UK house price growth bounces back in June - Nationwide


LONDON, June 28 British house prices rebounded in June after falling for three months, mortgage lender Nationwide said on Wednesday, bucking other signs of weakness in the housing market. In the second quarter, house prices dropped 0.3 percent sequentially and advanced 2.8 percent over the last twelve months. "Nevertheless, when viewed in levels, the price gap between regions remains extremely wide", Mr Gardner said. Read More »

Dixons Carphone shrugs off high street gloom to post record profits


Like-for-like sales rose 4% in the United Kingdom and Ireland, although Dixons said around 3% of this rise was thanks to sales transferred from closed shops as part of a store overhaul. Singer's upbeat tone contrasted with that of sofa seller DFS Furniture Plc, which this month warned that profit won't meet estimates amid consumer uncertainty. Read More »

Targa Resources, Inc. (TRGP) Given a $63.00 Price Target at Stifel Nicolaus

Reed's, Inc. (:REED) shares are moving 1.92% trading at $2.65 today. It is down 18.42% since June 27, 2016 and is uptrending. It has outperformed by 41.94% the S&P500. Cwm Ltd Co owns 724 shares or 0% of their U.S. portfolio. Analysts expect Horace Mann Educators Corporation (NYSE:HMN) to report $0.43 EPS on July, 26.They anticipate $0.18 EPS change or 72.00% from last quarter's $0.25 EPS. Read More »