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What Fitch Ratings Has to Say About the UK Election

The DUP is a unionist party - wanting Northern Ireland's continued membership of the United Kingdom - and its politics are socially conservative, opposing gay marriage and in favor of tight restrictions on abortion. " Yet another own goal; after Cameron, now May will make already complex negotiations even more complicated", tweeted Guy Verhofstadt, the liberal former Belgian premier who is the European Parliament's point man for the Brexit process. Read More »

In deposition, Bill Cosby says apology wasn't admission of a crime

NORRISTOWN, Pa . - Comedian Bill Cosby acknowledged in 2005 that he offered to pay for graduate school for the woman who has accused him of sexual assault after her mother confronted him, jurors at his trial were told on Friday. Steele has cited a 2015 ruling by a federal judge in Philadelphia to unseal excerpts of that testimony as an impetus for his office's decision to reopen the Constand investigation after a decade. Read More »

UK election outcome to increase risks for India Inc

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The last thing business leaders need is a Parliament in paralysis, and the consequences for British businesses and for the United Kingdom as an investment destination would be severe. Whatever the exact shape of the new administration, as a priority it should immediately support the EU Commission proposals to require user-generated content platforms to pay fairly for the music they use to build their businesses". Read More »

A look at the impact of the pound's drop around the world

When May called the election in April, she did so with the Conservatives riding high in the polls, and the pound had surged on expectations that a big majority for the Conservatives would allow her to quell the so-called euroskeptics in her parliamentary ranks. Read More »

Trump commits to NATO mutual defense after hesitating

Trump's prepared remarks in Brussels had mentioned Article 5, but Trump removed the reference without his team's knowledge . "I didn't say that", Trump said. "With trademark flair, Comey told the committee, 'Lordy, I hope there are tapes" of his conversations with Trump. Two sources say Trump didn't mention Russian Federation once during the dinner. Read More »

What The Election And Theresa May's Deal Mean For The UK

British Prime Minister Theresa May's gamble in calling an early general election backfired spectacularly, as her Conservative Party lost its majority in Parliament and pressure mounted on her Friday to resign. "May stares into the abyss", said The Times' Saturday edition while the Daily Mail led with "Tories Turn On Theresa". Although May's Conservatives have won more seats than any other party, she did not cross the line that would have given her a majority government . Read More »

BTIG Research Reaffirms Buy Rating for First Data Corp (FDC)

Nikko Asset Management Americas Inc. now owns 7,700 shares of the business services provider's stock worth $119,000 after buying an additional 3,400 shares during the period. ILLEGAL ACTIVITY NOTICE: This report was first published by Markets Daily and is owned by of Markets Daily. If you are viewing this report on another website, it was illegally stolen and reposted in violation of US and global copyright & trademark law. Read More »

Pound Falls After London Terror Attacks Raise Political Tensions

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Earlier in June, the euro reached a high of $1.1285, its highest level in about seven months. A final opinion poll published on Thursday as Britons vote in a national election showed Prime Minister Theresa May's Conservatives widening their lead to 8 percentage points from 5 points, suggesting her gamble to call the vote to strengthen her position in Brexit negotiations will pay off. Read More »

May seen fighting for survival after election failure

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Despite her dramatic electoral upset, British Prime Minister Theresa May appears determined to stay in office. But after a strong showing in a parliamentary seat long held by the governing Conservatives, he sees a chance of a Labour revival under Jeremy Corbyn , the leader who many in the party had written off as an out-of-date socialist. Read More »

The UK is 'feeling the Bern' after the general election

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After winning his own seat in north London , Corbyn said May's attempt to win a bigger mandate had backfired. That has been turned on its head, with the Conservatives losing their majority in the House of Commons after an opposition surge created one of the most dramatic reversals of political fortune in Britain's electoral history. Read More »

Indiana's wage gap in housing widens

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The report, which lists housing cost statistics for every county in the USA, also provides figures for studio, one-, three- and four-bedroom apartments. The federal minimum wage has remained at $7.25 an hour without an increase since 2009, which is not keeping pace with the high cost of rental housing. Read More »

Whiting Petroleum Corporation (NYSE:WLL)

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Finally, Credit Suisse Group AG restated a "buy" rating and issued a $15.00 price objective on shares of Whiting Petroleum Corp in a report on Friday, March 31st. Paloma Partners Management Co now owns 107,174 shares of the oil and gas exploration company's stock valued at $1,014,000 after buying an additional 1,193 shares during the period. Read More »

UK Election Result 2017: Hung Parliament

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The UK is now in another state of political uncertainty as the Brexit negotiations with the European Union are set to start on June 19. But May, facing scorn for running a lacklustre campaign, was determined to hang on. Objectives for the forthcoming Brexit negotiations included maintaining the Common Travel Area with the Republic and ease of trade throughout the EU. Read More »

Pound volatility as conservatives look to lose their seat majority

Andrew Gimson, contributing editor to the grassroots ConservativeHome website , said Mrs May had "lost the trust of the Tory party" and they would not want to fight another election under her. May's future as Britain's prime minister was thrown into doubt after her gamble to call an early election backfired spectacularly shortly before Brexit negotiations are due to start. Read More »

Merkel's spokeswoman declines comment on British election outcome

The German chancellor said she believed Britain would stick to the timetable, adding the European Union was "ready". Merkel said Britain was part of Europe regardless of Brexit, and that she wanted the country to remain a good partner. "Her wish and will was not really too much accepted by the British people", he said. "I don't think we can read anything into this vote other than a desire expressed by the British to choose the Conservative Party, but with less intensity than we thought ... Read More »

Enable Midstream Partners, LP (NYSE:ENBL)

Conning Inc decreased its stake in Enable Midstream Partners Lp (ENBL) by 49.38% based on its latest 2016Q4 regulatory filing with the SEC. Kings Point Capital Management now owns 7,699 shares of the pipeline company's stock valued at $545,000 after buying an additional 365 shares during the period. Read More »

Flight shares soar as pound sinks after election shock

For the latest updates, click. MSCI's broadest index of Asia-Pacific shares outside Japan.MIAPJ0000PUS was barely changed. With no clear victor emerging from Thursday's election, Prime Minister Theresa May was fighting to hold on to her job on Friday, having failed to win the stronger mandate she had sought to conduct exit talks with the rest of the European Union and instead weakening her party's grip on power. Read More »

Election a disaster for PM May: Sturgeon

On the doorstep of her official Downing Street residence, Mrs May said her government would provide certainty and lead successful Brexit negotiations with the European Union . Scottish Labour and the Liberal Democrats returned seven and four MPs respectively, with the SNP winning 35 - a drop of 21 from the 56 the party won two years ago. Read More »