Monday, 11 December 2017
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Trump offers 'warm support' to Theresa May after UK election setback

The Labour Party , which exceeded expectations to win 266 seats, will continue to pile on pressure on Theresa May to resign - and she will continue to resist, in the name of "stability". The EU wants a "legally smooth British departure" in March 2019, the wire service says. May had promised a "hard Brexit" if Britain did not like the terms of the divorce negotiated with the EU. Read More »

Council may revise some GST rates in June 11 meeting

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State governments may raise concerns over certain goods and tax structure at the Council meet. Meanwhile, in what is being seen as the last lap of its deliberations before the rollout of GST from July 1, the Council chaired by Finance Minister Arun Jaitley will also finalise the tax rate on lottery and approve the draft rules for accounts and records, the proposed credit transfer document, and the e-way Bill. Read More »

Cyber attack hits Al Jazeera as Qatar row continues

On June 5 , Bahrain , Saudi Arabia , Egypt , the United Arab Emirates (UAE), Yemen, Libya, the Maldives and Mauritius severed diplomatic relations with Qatar . "We ask Qatar and other nations in the region to do more and do it faster", the US President said. That's even after Kuwait's emir Sheikh Sabah Al Ahmad Al Sabah flew to Qatar to discuss the crisis with officials. Read More »

Theresa May Vows Brexit Will Go On

She can only realistically govern now with the support of a party from Northern Ireland, which has a rather different approach to Brexit than her. European officials are anxious that the weaker position of the Conservatives make a breakdown in negotiations more likely. Read More »

Petroleo Brasileiro SA Petrobras (PBR) Receives Media Sentiment Rating of 0.03

Analysts reported that the Price Target for Petroleo Brasileiro S.A. - Petrobras might touch $14.5 high while the Average Price Target and Low price Target is $11.41 and $5.4 respectively. Finally, Candriam Luxembourg S.C.A. increased its position in shares of Petroleo Brasileiro SA Petrobras by 22.6% in the first quarter. Wall Street is only getting more bullish on the stock, with 3 of analysts who cover AAU having a buy-equivalent rating. Read More »

Hillary Clinton blames 'anti-American forces' for 2016 election loss

She also pointed to former FBI Director James Comey , Russian efforts to influence the election, and even the Democratic National Committee as reasons for her loss. Clinton clearly linked Russia's interference with the 2016 presidential election to the Trump campaign and said she hoped that the Federal Bureau of Investigation would be able to investigate and unmask the plot that was constructed to meddle with the elections. Read More »

Cross border mergers make India favoured FDI route: UNCTAD

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The Philippines emerged as the second most-favored destination for foreign direct investments (FDI) in Southeast Asia, and the 10th overall. This affected three sub- regions, with only South Asia spared. FDI inflows to developing Asia are expected to increase by 15% in 2017, to $515 bn. "Although new liberalisation efforts continue to improve the investment climate in India, tax-related concerns remain a deterrent for some foreign investors". Read More »

In a credibility contest with Trump, James Comey is the obvious victor

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Trump's Twitter account had been quiet throughout Comey's testimony accusing the administration of spreading "lies". Asked about when the president is going to talk about the tapes, Press Secretary simply said "when he's ready". However, when asked later if he had pushed Comey to end the investigation into former National Security Advisor Michael Flynn's Russian Federation links, Trump said, "There'd be nothing wrong if I did say that, according to everybody that I've read today, but I ... Read More »

Peacock walks into liquor store, leaves $500 in damage

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The store manager, Rani Ghanem , had no idea the wild bird was even there until a customer brought it to his attention by asking about "el pollo", which means chicken in Spanish . Ghanem called Los Angeles County animal control after the peacock flew directly at him. The rescue was a success and the bird was taken to safety, but Ghanem was left to clean up the mess. Read More »

Competing Dodd-Frank visions make rollback uncertain

NPR reported last week that the bill would unravel the Dodd-Frank Wall Street Reform and Consumer Protection Act, which was passed in 2010 to prevent another financial crisis. The bill's most important provision would allow banks the sensible choice to maintain substantial equity capital in exchange for a reduction in onerous and intrusive regulation. Read More »

Atwood Oceanics, Inc. (NYSE:ATW) closed with a change of -0.96%

The stock's market capitalization is 774.59M, it has a 52-week low of 6.12 and a 52-week high of 15.37. 5 year sales growth rate is an important factor for valuation analysis, the 5 year sales growth of Atwood Oceanics , Inc. Atwood Oceanics , Inc. has a 50 day moving average of 8.54 and a 200 day moving average of 10.39. The firm has a market cap of $754.46 million, a price-to-earnings ratio of 7.57 and a beta of 2.26. Read More »

Is Ensco Plc (NYSE:ESV)'s Fuel Running Low? Reports Show More Sellers

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With 9.69M shares average volume, it will take short sellers 4 days to cover their ESV's short positions. Ensco Plc (NYSE: ESV ) last announced its earnings results on Thursday, April 27th. TRADEMARK VIOLATION WARNING: This piece of content was first published by [[site]] and is the sole property of of [[site]]. The stock of ENSCO PLC (NYSE: ESV ) has "Underperform" rating given on Monday, June 13 by Bank of America. Read More »

Nextera Energy INC (NEE) Holding Maintained by Rare Infrastructure Ltd

Nextera Energy Inc Com now has $66.28B valuation. The stock decreased 0.97% or $0.44 on June 2, reaching $44.77. About shares traded. NextEra Energy Inc (NYSE:NEE) has risen 15.94% since June 5, 2016 and is uptrending. Foster Co (NASDAQ:FSTR) for 169 shares. Morgan Stanley has 76,023 shares. Regentatlantic Capital LLC now owns 3,468 shares of the utilities provider's stock worth $445,000 after buying an additional 14 shares during the period. Read More »

'Outrageous' That Comey Didn't Publicly Clear Trump

One target is retired Lt. The issue of the Trump election campaign's relationship with Russian Federation has dogged Trump's first months in office and distracted from his policy goals such as overhauling the US healthcare system and making tax cuts. Read More »

Molson Coors Brewing Company (NYSE:TAP) Reviewed By Analysts

G+D Mobile Security, Murata, and STMicroelectronics N.V. (NYSE: STM ) Bring Flexible and Efficient Security Solutions to a Wide Range of IoT Devices, New long-range and low-power IoT (Internet of Things) technologies like Low-Power Wide Area Networks (LPWAN) are enabling new use cases in application areas such as smart cities, smart agriculture, smart manufacturing, and work safety. Read More »

Bustling Stock in Focus: AstraZeneca PLC (NYSE:AZN)

The SI to Myriad Genetics Incorporated's float is 37.45%. The company had a trading volume of 110,332 shares. It has underperformed by 54.17% the S&P500. Investors sentiment increased to 0.92 in Q4 2016. Its up 1.29, from 0.71 in 2016Q3. It improved, as 31 investors sold Myriad Genetics, Inc. shares while 66 reduced holdings. Read More »

Uber has fired more than 20 people over harassment probe

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A separate and larger investigation by Covington & Burling about Uber's broken culture is also being completed and will be presented next week - likely Tuesday - to employees. Additionally, 31 employees are undergoing counseling or training and seven have received written warnings, Bloomberg reported Tuesday . The company is now looking for a chief financial officer and a chief operating officer as it considers an initial public offering. Read More »

Top Performer of the day: Zynga, Inc. (ZNGA)

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Cigna Corporation now has $43.55B valuation. The Beta for the stock stands at 0.83. Principal Financial Group Inc. now owns 92,862 shares of the company's stock valued at $265,000 after buying an additional 2,540 shares during the last quarter. Read More »

Comerica Bank Acquires 313 Shares of Marvell Technology Group Ltd. (MRVL)

It has outperformed by 11.01% the S&P500. Graham Capital Management Lp increased Marvell Technology Group Ltd ( MRVL ) stake by 89.53% reported in 2016Q4 SEC filing. The firm has "Buy" rating by Investec given on Wednesday, October 19. Credit Suisse Group AG restated a "buy" rating and set a $18.00 target price on shares of Marvell Technology Group in a research report on Wednesday, March 1st. Read More »

British pound falls after UK election shock, dollar gains

Employees of a foreign exchange trading company work near monitors showing TV news on Britain's general election and the Japanese yen's exchange rate against the British pound in Tokyo, Japan June 9, 2017 . The damage was limited elsewhere, with E-mini futures for the S&P 500 off 0.1 percent. However, Sterling has stabilised somewhat in the final days of the campaign, thanks to investors continuing to bet that the Conservatives will hold onto their majority in line with convention wisdom. Read More »

Why Trevor Noah Was Disappointed in James Comey's Testimony About Trump

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Trump has not directly addressed Comey's explosive accusations, but will face the media on Friday when he holds a joint press conference with the visiting president of Romania. Tillerson had called on the Arab nations to immediately ease their blockade on Qatar. Earlier, in a characteristic early morning tweet, Trump said, "Despite so many false statements and lies, total and complete vindication. Read More »

Trump says British election results 'surprising'

Marketplace host Kai Ryssdal talked with London bureau chief Stephen Beard about the news. "I think after Brexit I was so angry with what I saw as the older generation selling us out". "Everyone who voted Labour did an excellent job". Owen Smith who stood against Mr Corbyn last summer for leader said: "I was clearly wrong in feeling that Jeremy was unable to do this well". Read More »

McCain Explains Iffy Performance During Comey Hearing

The former FBI director wondered at the time, "Was she [Lynch] going to authorize us to confirm we had an investigation?" "And she said, just call it a matter". "I think in the backdrop of everybody's mind, including Comey's , is Watergate", Allison said on " Squawk Box ". COMEY: ... was ongoing when I left. Read More »