Saturday, 21 October 2017
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When is the Warriors victory parade?

From the Bay all the way to OKC. Fans light fireworks on a street in downtown Oakland , Calif., after the Golden State Warriors defeated the Cleveland Cavaliers in game 5 of the NBA Finals on Monday June 12, 2017. Kevin Durant said he got more than 200 text messages congratulating him after the win Monday night, one of which was from former president Barack Obama. Read More »

US Dollar Higher on Fed Outlook

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On Thursday, with expectations of another hike from Federal Reserve this year has gained dollar. However, markets are also concerned about the news that US President Donald Trump is being investigated by a special counsel for possible obstruction of justice. Read More »

Kroger Co (KR) Shares Plummet Amid Weakened Guidance

LFL sales were down 0.2% year-on-year in the first quarter of the company's financial year, though total sales, excluding fuel, rose 2.9%, helped by the inclusion of recently acquired ModernHEALTH's sales this time round. Kroger is the nation's second-largest food seller after Wal-Mart. Kroger Co. (KR) shares fell 8.2% in Thursday premarket trading after the grocery store chain cut its full-year earnings guidance . Read More »

BioCryst Pharmaceuticals, Inc. (NASDAQ:BCRX) Under Analyst Spotlight

With 1.45M shares average volume, it will take short sellers 8 days to cover their BCRX's short positions. About 78,479 shares traded. It has outperformed by 7.17% the S&P500. (NASDAQ:BCRX) for 16,105 shares. BioCryst Pharmaceuticals, Inc. has a 12-month low of $2.60 and a 12-month high of $9.25. (NASDAQ:BCRX). Manufacturers Life Insur Company The accumulated 52,067 shares or 0% of the stock. Read More »

Bank of America to lay off more workers

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About 23.77 million shares traded. It has underperformed by 18.24% the S&P500. Adviser Investments LLC purchased a new stake in shares of Bank of America Corporation (NYSE:BAC) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). Read More »

London Bridge attack: 19-year-old arrested in raids

Using these knives they stabbed five people to death, and injured many more including an unarmed police officer during an eight-minute rampage that began with their using a hired van to drive into pedestrians on London Bridge . "Oh no. In less than a split second, I knew that my approach had to change; I couldn't just attack ". But one of those animals could detonate and kill us all. Read More »

US Fed raises rates for second time in three months

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A Reuters poll of 21 of the 23 primary dealers that do business directly with the Fed showed 14 of them now believed it would announce the start of its balance sheet normalisation at its September 19-20 policy meeting. The FOMC anticipates raising these in three-month intervals, in equal amounts, so that in 12 months the caps - which will remain in place - would be $30 billion for Treasuries and $20 billion for MBS. Read More »

Nikkei falls in choppy trade after weak US data overshadows Fed hike

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Reuters 3220 "Today the Federal Open Market Committee made a decision to raise the target range for the federal funds rate by one quarter percentage point bringing it to one to one quarter percent". But the Fed also laid out a plan to reduce the overall size of its balance sheet. The FTSE 100 of Britain dropped 1.1 percent to 7,393. That was down from 1.9 percent in March. Read More »

Delcath Systems Inc (DCTH) A Look at Technical Overview

The share price of the company ( DCTH ) was down -15.51%, with a high of 0.06 during the day and the volume of Delcath Systems, Inc. shares traded was 123283445. At the end of Mar reporting period, 16 institutional holders increased their position in Delcath Systems, Inc. ( DCTH ) , we will examine different up or down moving trends about DCTH . Read More »

India invites BP and Reliance to invest in fuel retailing

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He said BP-RIL has agreed to progress on R-Series gas field development in the KG-D6 block and will invest United States dollars 6 billion. Output was about 7.4 million cubic meters a day in the quarter ended March, compared with 54.5 million in the three months ended December 2010, just before BP acquired a 30 percent stake. Read More »

US special counsel probing Trump for possible obstruction

The Post , citing two unnamed sources, says special counsel Robert Mueller's probe expanded to include the president just days after he dismissed former FBI Director James Comey . Mr Grassley's office said the letter was in response to a recent letter from Ms Feinstein requesting that the committee seeks details from senior Federal Bureau of Investigation leadership about Mr Comey's interactions with Mr Trump before he was sacked. Read More »

U.S. Employment Climbs Less Than Expected In May

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That is about two-thirds of the growth rate recorded past year. Yet the decline stemmed more from people leaving the labor force than an increase in the number who found jobs. For now, some companies that are hiring have no plans to raise pay much. The number of people employed part time for economic reasons (sometimes referred to as involuntary part-time workers) was little changed at 5.2 million in May. Read More »

Cineworld Group plc (CINE) PT Raised to GBX 825

The rating was downgraded by Numis Securities to "Hold" on Friday, November 27. JP Morgan maintained Berendsen PLC (LON:BRSN) rating on Monday, March 6. Investors sentiment increased to 1.24 in Q4 2016. Its up 0.24, from 0.93 in 2016Q3. Stifel Fincl holds 0.02% or 324,425 shares in its portfolio. Bank & Trust Of Ny Mellon holds 0% of its portfolio in Genesis Energy, L.P. Read More »

STMicroelectronics NV (STM) closed at $15.93 in the last trading session

It is used to find out how fast a business is expanding. For the next 5 years, STMicroelectronics NV is expecting Growth of 49% per annum, whereas in the past 5 years the growth was -10.15% per annum. Citigroup Inc. set a €13.50 ($15.17) price objective on STMicroelectronics NV and gave the company a neutral rating in a research note on Monday, February 6th. Read More »

Interest Rates Go Up for a Second Time

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NOGUCHI: Greg McBride, an analyst with consumer financial site bankrate.com, says taken together, the Fed's moves have caused home equity and vehicle loan rates to increase about 1 percent over the last two years. The long run average (or the non-accelerating inflation rate of unemployment) was also lowered, from 4.7% to 4.6%, in yet another indication that the current very low unemployment rate is posing little threat to wage inflation. Read More »

The FIL Ltd Has $20.55 Million Position in Equity Residential (EQR)

The stock rose 0.25% or $0.17 reaching $67.28. Also, insider David S. Santee sold 14,028 shares of the company's stock in a transaction that occurred on Thursday, June 8th. Equity Residential (NYSE:EQR) has risen 2.77% since June 14, 2016 and is uptrending. They now have a Dollars 75 price target on the stock. The company was downgraded on Tuesday, January 19 by JMP Securities. Read More »

United States consumer prices dip 0.1 percent in May

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This represents a 0.1% fall in public sector workers on the previous quarter and 0.4% on March 2016. In this Wednesday, June 7, 2017, photo, shoppers walk into a J.C. The Fed also issued updated economic forecasts that showed it foresees one additional rate increase this year to follow Wednesday's increase and an earlier rate hike in March. Read More »

JC Penney Company Inc. Holding Company

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Finally, Piper Jaffray Companies started coverage on J.C. Penney Company, Inc. Holding Company and gave the stock a hold rating in a research report on Saturday, May 13th. Net profit margin of the company is seen at -0.90%. The company reported an impressive total revenue of 12.55 Billion in the last fiscal year. During the same period past year, the business earned ($0.22) earnings per share. Read More »

London fire: Inside the £2k Grenfell Tower flats before the blaze

Others report seeing residents who were on fire themselves leaping from windows as well. The fire at the Grenfell Tower , part of a housing estate in London , burnt for around 24 hours. Frantic families attempted to call their loved ones, fearing they could be stuck inside, and were being directed by police to a nearby restaurant where some of the injured were being treated. Read More »

La. Congressman Steve Scalise remains critical after Virginia shooting; suspect dead

No Iowa or Nebraska lawmakers were participating in this year's game, so they were not at the practice when the shooting occurred. "He entered the room, spoke with Scalise's family, and sat by his bedside with Mrs Trump", he said. "It was not only chaotic but it was a combat situation", Alexandria Police Chief Mike Brown told reporters. Rep. Jeff Duncan of SC said he had just left the practice and encountered the apparent gunman in the parking lot before the shooting. Read More »

Notice to Centre on order banning cattle trade for slaughter

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The next hearing was fixed for July 11. One of the petitioners, Hyderabad-based Mohammed Abdul Faheem Qureshi, had in his plea, filed on June 7, contended that the notification was "against the freedom of religious practice to sacrifice animals" and imposing a ban on slaughter of animals for food violates the right to food, privacy and personal liberty guaranteed to a citizen under the Constitution. Read More »

Fed raises key rate, unveils plan to reduce bond holdings

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Markets had been assuming there would be a trade-off between the two elements of policy, in part because New York Fed President William Dudley had spoken about a such a pause. NatWest economists also moved up to September. The dollar was steady on Wednesday, reversing major early losses, after the Federal Reserve raised USA overnight interest rates and said it was prepared to continue tightening monetary policy . Read More »

GroundUp: Thousands left stranded by Johannesburg taxi blockade

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The strike's reportedly in response to high interest rates and steep repayments taxi operators are required to pay to the SA Taxi Finance company. Jeremy Xaba from Finetown was anxious about missing a day of work and was searching for an alternative way to get to Johannesburg . Read More »