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Britain Pound Dives after UK Election Shock

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Meanwhile, the United Kingdom was waking up to a hung parliament after Thursday's snap general election , with the incumbent Conservative Party projected to win 314 seats - down 12 - while Labour was projected to win 261 seats - up 29 - after 645 of 650 constituencies had been counted. Read More »

Brazil's electoral court keeps Temer in office

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Couto also said that more scandals in the administration, which has lurched from one crisis to another over the previous year, were likely. If the court finds the campaign received illegal financing, Temer could be removed from office, adding further to the country's political turmoil. Read More »

Pound drops on uncertain United Kingdom election outcome

The surprise of a result that raised questions about how Britain will advance with its plan to leave the European Union, and whether any party can form a stable government, sent the pound to eight-week lows against the dollar and its lowest levels in seven months versus the euro. Read More »

Qatar foreign minister rejects intervention in foreign policy

Its emir Sheikh Sabah al-Ahmad Al-Sabah held talks on Wednesday with Qatari counterpart Sheikh Tamim bin Hamad Al-Thani, following talks with senior UAE officials and Saudi King Salman. Sheikh Mohammed's hard line mirrored that of a top Emirati diplomat who told the AP on Wednesday that the United Arab Emirates believes "there's nothing to negotiate" with Qatar. Read More »

Theresa May wants a formal coalition deal with the DUP

However, if they are to agree to vote with the Tories, the Tories may in turn need to offer concessions in-line with some of the DUP's policies . But in one of the most sensational nights in British electoral history, a resurgent Labour Party denied her an outright win, throwing the country into political turmoil as no clear victor emerged. Read More »

Range Resources Corporation (NYSE:RRC) 52 Week low stands at 21.84

Finally, Financial Architects Inc boosted its stake in Range Resources Corp.by 28.9% in the first quarter. The fund owned 303,183 shares of the oil and natural gas company's stock after buying an additional 5,917 shares during the period. On average, equities research analysts forecast that Antero Resources Corp will post $0.53 earnings per share for the current year. If you are viewing this piece of content on another publication, it was illegally copied and reposted in violation of United ... Read More »

Trump proposes privatizing USA air traffic control system

Trump said, "We will launch this air travel revolution by modernizing the outdated system of air traffic control". He also called the system "ancient, broken, antiquated" and "horrible". The plan calls for creating a board with representatives from airlines, unions, trade groups and the federal government. Administration officials emphasized that the privatized air traffic control system would be managed by a self-financing, non-profit entity, with user fees providing the funding. Read More »

NetApp's (NTAP) Sell Rating Reiterated at Barclays PLC

Oregon Pub Employees Retirement Fund reported 0.12% stake. (NASDAQ:NTAP), 8 have Buy rating, 9 Sell and 17 Hold. Royal Bank of Canada reiterated a "hold" rating on shares of NetApp in a research note on Friday, April 28th. The ex-dividend date was Wednesday, April 5th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 1.90%. NetApp's payout ratio is now 69.09%. Read More »

Comey testimony: Trump responds, claims 'total and complete vindication'

Mr Kushner, who is married to Ivanka Trump, has come under scrutiny over his alleged contact with Russians, although there is no suggestion he behaved improperly. " Lordy, I hope there are tapes ", James Comey said when asked if the president suggested he may have recorded their phone conversations. A special counsel also is reviewing Comey's claim that Trump asked him to "let go" of an FBI investigation. Read More »

Macron warns against chemical arms in Syria

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VERSAILLES , France-French President Emmanuel Macron and his counterpart Vladimir Putin of Russia strained Monday to turn the page on allegations of Russian interference in France's elections well as their differences over Syria, with the French leader describing the alleged use of chemical weapons by the Assad regime as a "red line". Read More »

Man arrested on suspicion of terror offences in east London

PRESSURE was mounting on the Government and the security services last night following claims that Italian authorities had warned the United Kingdom about the third London Bridge attacker. "The majority of them have a domestic focus, if I can put it that way, a domestic centre of gravity", she said. His passport and cellphone were seized, but he got them back after a court determined there wasn't enough evidence to arrest him. Read More »

BNP Paribas Arbitrage SA Reduces Stake in Rowan Companies PLC (RDC)

Illinois-based Citadel Advsrs Ltd Liability has invested 0% in Rowan Companies PLC (NYSE: RDC ). Riverhead Mgmt Limited Liability Co invested in 44,300 shares or 0.05% of the stock. It has underperformed by 33.20% the S&P500. According to Zacks , analysts expect that Rowan Companies PLC will report full year earnings of ($1.04) per share for the current year, with EPS estimates ranging from ($2.05) to ($0.50). Read More »

Comey testimony is done - now the spin begins

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Although Comey refused to say to senators whether he thought Trump had obstructed justice, he suggested that matter would be considered by the special prosecutor recently appointed to investigate links between Trump associates and Russians - hardly a statement of vindication for the president. Read More »

What's a hung Parliament? Implications of the United Kingdom election

European Union states are getting impatient about the delays in the Brexit talks, with some warning Friday after Britain's inconclusive election that the country should not be given more than the allotted two years to settle its divorce. Mr Hammond, 61, was named Chancellor of The exchequer by Mrs May shortly after she took over as prime minister almost a year ago, in the wake of Britain's decision to leave the European Union. Read More »

London Bridge terrorists tried to rent a bigger and deadlier truck

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Police also released photos of the van the attackers used to mow down people on the bridge. "We can not say more about them at this stage". Where are they from? A Police officer stands on duty beyond flowers laid at a cordon on Borough High Street, near Borough Market in London on 5 June 2017, as they continue their investigations following the 3 June terror attack. Read More »

Under Analyst's Radar: Penn National Gaming, Inc. (PENN)

The institutional investor owned 448,543 shares of the company's stock after selling 913,537 shares during the period. Manikay Partners Llc increased Amerco (NASDAQ:UHAL) stake by 5,000 shares to 125,000 valued at $46.20M in 2016Q4. Albion Fin Gru Ut has 1.04% invested in Facebook Inc (NASDAQ:FB) for 53,930 shares. Investors sentiment increased to 1.39 in 2016 Q4. 31 funds opened positions while 65 raised stakes. Read More »

Twin Tree Management LP Takes Position in Thor Industries, Inc. (THO)

Swartz forecasts that the construction company will post earnings of $1.72 per share for the quarter. HighTower Advisors LLC increased its stake in shares of Thor Industries by 22.5% in the first quarter. Exec. Chairman of the Board, ORTHWEIN PETER BUSCH, sold 4,672 common shares of Thor Industries, Inc. TRADEMARK VIOLATION WARNING: This piece of content was reported by Stock Observer and is the property of of Stock Observer. Read More »

London Bridge attackers tried to rent bigger van to kill more people

The attackers, who used 12-inch knives with bright pink blades, were shot dead before they could make it back to their truck. Commander Dean Haydon, head of the Metropolitan Police's Counter Terrorism Command, revealed that Butt had attempted to hire a lorry online on the morning of the atrocity. Read More »

Jupiter Fund Management PLC (JUP) Insider Sells £3168976.75 in Stock

GlaxoSmithKline plc (ADR) (NYSE: GSK ) has risen 4.26% since June 1, 2016 and is uptrending. It has underperformed by 12.44% the S&P500. Sunrise Resources Plc (LON:SRES)'s stock had its "corporate" rating reaffirmed by equities research analysts at Northland Securities in a note issued to investors on Tuesday, May 23rd. Read More »