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BT Group Plc (NYSE:BT) Analyst Recommendation

One investment analyst has rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the company's stock. Therefore 67% are positive. Therefore 22% are positive. Arthur J. Gallagher had 23 analyst reports since August 28, 2015 according to SRatingsIntel. The rating was maintained by BNP Paribas with "Outperform" on Wednesday, August 19. Read More »

Opec extends output cut by nine months

Equatorial Guinea has been accepted as a new member of the Organization of the Petroleum Exporting Countries (OPEC), according to the Minister of Energy, Industry and Mineral Resources of Saudi Arabia Khalid Al-Falih. shale oil production is surging again, encouraged by crude's advance from its lows under $30 in early 2016", he said. U.S. West Texas Intermediate (WTI) crude futures CLc1 were back below $50, at $48.61, down 29 cents, or 0.6 percent. Read More »

Moody's downgrade China's credit rating amid fears of slowing economic growth

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Moody's said it expects the government's direct debt burden to rise gradually towards 40 per cent of GDP by next year "and closer to 45 per cent by the end of the decade". "It overestimated the difficulties that the Chinese economy is facing", the ministry said in a statement , adding that the government's debt ratio a year ago was 36.7 percent, lower than major market economies, and that the "expansion of the scale of government debt has been effectively controlled". Read More »

Oil ministers meet in Vienna, ready for production cuts

Earlier this month it issued an unusual request asking other producers outside the cartel to stop pumping so much and help balance the market. The agreement proved to be partially successful, as it managed to keep the prices oil prices above $50 per barrel, giving a fiscal boost to major producers. Read More »

Fourth Circuit Upholds Stay on Trump Travel Ban

The Trump administration has argued that the temporary travel ban is a national security measure aimed at preventing Islamist militant attacks. The three dissenting judges who supported Donald Trump's travel ban say the court should not have looked to statements made by Trump during the presidential campaign. Read More »

Montana Election Twist: Reporter alleges Gianforte grabbed him

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But Ryan wouldn't say if Greg Gianforte should be barred from joining the House GOP conference if he wins Thursday's election. "That is wrong and it should not have happened". The Guardian reporter Ben Jacobs told ABC's " Good Morning America " that he's still in shock after accusing Greg Gianforte of "body-slamming" him Wednesday, saying it's "very disappointing for what it means for the press". Read More »

OPEC Extends Production Cuts 9 Months, Impacts Analyzed

Earlier in May, both Saudi Arabia and Russian Federation, who is not a member of OPEC but is seen as a critical part of any potential agreement, said they backed extending the production cuts until March 2018. By 0804 GMT, Brent crude was trading up nearly 1 percent, near 54.50 dollars a barrel. US output since last year's cut has increased by almost a million barrels a day to 9 million barrels. Read More »

Trump's budget director defends spending cuts, growth projection

Democratic lawmakers and many private economists have expressed skepticism about the budget and its ambitious 3 percent growth target. An earlier blueprint from Trump proposed a $54 billion, 10 percent increase for the military above an existing cap on Pentagon spending, financed by an equal cut to nondefense programs. Read More »

Treasury chief to Congress: Raise debt limit before August

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The United States will continue to use all possible options to apply additional sanctions on Iran, Syria, and North Korea to ensure the nation's safety, Treasury Secretary Steven Mnuchin said in a congressional hearing on Wednesday. Mnuchin also urged the House Ways and Means Committee to pass the debt limit legislation as a bill without controversial additions, such as spending cuts sought by conservatives, that could complicate its approval. Read More »

OPEC agrees to extend oil production cuts

The OPEC oil cartel and other producers, notably Russian Federation, are this week expected to extend last year's production cut in a concerted attempt to prevent oil prices from falling. Last week Saudi Arabia and non-OPEC Russia , the biggest of the 24 - and who also are anything but best friends - backed an extension by nine months until March 31, 2018. Read More »

Mulvaney defends Trump Administration's FY 2018 budget before Congress

Not surprisingly, Trump has chose to embrace the House Republican health-care bill's $800 billion in cuts to Medicaid (over the next decade), according to The Post. The program presently serves about 42 million people. The White House spending document eliminates funding for the Transportation Investment Generating Economic Recovery (TIGER) grant program, which was set up by the Obama administration's 2009 economic stimulus package to provide an extra injection of cash for surface ... Read More »

Kaine: 'Broken promises' in Trump budget

White House Office of Management and Budget Director Mick Mulvaney argued on May 24 that the administration's budget is compassionate in respect to safety net programs, saying, "We want to measure compassion, true compassion, by the number of people we get off those programs". Read More »

Moody's reduces China's credit rating over debt concerns

The ratings agency also changed its outlook for China to stable from negative. Moody's said it expects that the strength financially of the economy in China will erode during the next few years as its growth will slow and debut will continue rising. Read More »

Former Greek prime minister injured in explosion

Lucas Papademos was taken to hospital with his driver who was also hurt, Reuters news agency reported a police official as saying on Thursday. Papademos was appointed caretaker prime minister in November 2011 following concerns the country would exit the Eurozone. Read More »

OPEC oil squeeze to remain, but will it lift prices?

Hopes are running high ahead of Thursday's OPEC meeting that members will agree to further cuts to output in a bid to maintain price stability. The Organization of the Petroleum Exporting Countries and other producers, including Russian Federation, meet in Vienna on Thursday and are widely expected to agree to extend a cut in oil supplies by 1.8 million barrels per day (bpd). Read More »

Ready with bagful of new tricks for Champions Trophy: Ashwin

Kohli said that his side would be ruthless in defending their Champions Trophy title next month, describing the competition as tougher even than the World Cup . The ICC , in a statement on Tuesday, said it was reviewing the security measures for the Champions Trophy and Women's World Cup this summer in the aftermath of the tragedy. Read More »

Chico's FAS, Inc. (NYSE:CHS) Declined -15.33% in Pre-Market

The 1-year High price of the stock is $6.85, while the 1-year low price is $9.86. Wolfe Research lowered Chico's FAS from an outperform rating to a market perform rating in a research note on Thursday. This represents a $0.33 dividend on an annualized basis and a dividend yield of 3.38%. The ex-dividend date of this dividend is Thursday, June 8th. Chico's FAS's dividend payout ratio is 76.19%. Read More »

Gabelli Funds LLC Holds Stake in Opko Health Inc. (OPK)

Also, insider Adam Logal sold 112,975 shares of the business's stock in a transaction on Tuesday, March 14th. Opko Health Inc . (NASDAQ:OPK) has declined 32.62% since May 24, 2016 and is downtrending. and global copyright & trademark laws. A number of hedge funds and other institutional investors have recently modified their holdings of the company. Read More »

Cavaliers defeat Celtics 112-99 to take 3-1 lead

While limiting the Celtics to 42 points over the third and fourth quarters, the Cavaliers outscored them in the paint , 36-10, in second-chance opportunities, 8-6, and in fast-break situations, 10-2. And he was able to do that being in foul trouble for most of the game. "In the second half , we kind of got a little bit of rhythm and I think we'll be a lot better...in Game 5". Read More »

OPEC, other nations extend output cut to March

US crude inventory data released Wednesday by the Energy Information Administration was broadly upbeat for producers, showing the lowest overhang since December 2014. The two sides chose to remove about 1.8 million barrels per day from the market in the first half of 2017, equal to 2 percent of global production. Read More »