Tuesday, 18 December 2018
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79 now believed to have died in London high-rise fire

A representative of the families who met with May and spoke to reporters briefly after leaving 10th Downing Street said "we will be making this in the community, with the community". Around 70 people are missing, according to Britain's Press Association, and identification of the victims is proving very hard. "The residents of Grenfell Tower , families who have lost loved ones, and the emergency services who have been working so hard to help them have been through some of the most ... Read More »

Purchases 55 Shares of Exxon Mobil Corporation (XOM)

Qv Investors Inc sold 27,483 shares as Exxon Mobil Corp ( XOM)'s stock rose 0.21%. The Campbell Newman Asset Management Inc holds 200,288 shares with $18.08 million value, down from 224,377 last quarter. 60,937 are owned by Stonebridge Cap Advisors Ltd Liability Corp. Advsrs Limited Limited Liability has invested 0.02% in Yum! Allianz Asset Ag holds 0.08% in Electronic Arts Inc. Read More »

AK Steel Holding Corporation (AKS) Upgraded to Buy at Longbow Research

Currently, EPS of United States Steel Corp. Zacks' earnings per share averages are an average based on a survey of research firms that that provide coverage for United States Steel. Year to date United States Steel Corporation (NYSE:X) is -38.93%, -45.94% over the last quarter, and -43.26% for the past six months. World Asset Management Inc now owns 13,485 shares of the basic materials company's stock worth $456,000 after buying an additional 342 shares during the period. Read More »

Land & Buildings Urges Hudson's Bay To Evaluate All Strategic Alternatives


As we have seen recently with the sale of the $2.2 billion retail real estate portfolio of Forest City Realty Trust (NYSE: FCE/A) at a 5% cap rate, institutional demand for high quality and well-located retail real estate is high. CIBC reduced their target price on shares of Hudson's Bay Co from C$13.00 to C$10.50 in a report on Monday, June 12th. TD Securities reduced their price target on Hudson's Bay Co from C$13.00 to C$12.00 and set a hold rating on the stock in a report on Thursday, ... Read More »

Lennar Corporation (LEN) Analysts See $0.78 EPS

Gabelli Funds Llc decreased Lennar Corp Com ( LEN ) stake by 16.3% reported in 2016Q4 SEC filing. It has outperformed by 145.03% the S&P500. A number of hedge funds have recently bought and sold shares of the company. Asset Mgmt One Communications Ltd owns 312,538 shares for 0.03% of their portfolio. First Fiduciary Counsel has invested 3.08% in PepsiCo, Inc. Sadoff Mngmt Ltd reported 473,754 shares. Read More »

EQT buys Rice Energy to create shale gas drilling giant

Comerica Bank now owns 16,021 shares of the oil and gas producer's stock valued at $330,000 after buying an additional 8,248 shares in the last quarter. Rice shareholders will receive 0.37 shares of EQT common stock and $5.30 in cash per share of Rice common stock. If you are viewing this story on another website, it was copied illegally and reposted in violation of United States & global trademark and copyright legislation. Read More »

American Reverses Plan for Downsizing Seats


A day after the Capitol Hill scolding, word got out that American planned to sandwich more passengers into its new Boeing 737 Max aircraft by reducing the legroom from 31 inches to 29 inches in the main cabin. The configuration will allow American to fit 172 seats into its 737 Max aircraft, up from the 160 that are on the carrier's 737-800s, which are the same dimensions. Read More »

Greek PM hopes deal will be reached at Eurogroup meeting

The Eurogroup agreed to distribute a long-delayed bailout payment worth up to 8.5 billion euros (9.47 billion US dollars) to Greece , the Eurogroup Chief Jeroen Dijsselbloem said in Luxembourg on Thursday. Speaking in Luxembourg , Christine Lagarde said: "I would like to announce my intention to propose to the IMF's Executive Board the approval in principle (AIP) of a new IMF Stand-By Arrangement for Greece". Read More »

CDSL IPO fully subscribed on Day 1


CDSL is the second largest depository in terms of market share and has been growing at decent CAGR of 23% and 14% in 3 to 5 years. Investors can subscribe the IPO in lot of sizes of 100 shares. CDSL has paid dividends regularly to its shareholders in the last four years and considering that BSE will continue to remain the biggest shareholder, this policy is unlikely to change anytime soon. Read More »

Irish parliament elects new prime minister

Last month, Varadkar became the leader of governing political party Fine Gael, then submitted to become the next prime minister. Leo Varadkar , 38, an Indian-origin openly gay doctor, took over as the new Prime Minister or Taoiseach of Ireland on June 14 after a parliamentary vote confirmation followed by Presidential appointment. Read More »

Pictet Asset Management Ltd. Boosts Stake in Valeant Pharmaceuticals International, Inc. (VRX)


Davis Selected Advisers has invested 0.45% in Valeant Pharmaceuticals Intl Inc (NYSE: VRX ). (NYSE:VRX) by some 42,867,128 shares, 147 decreased positions by 65,275,994 and 64 held positions by 70,232,243. The company's 50 day moving average price is $12.26 and its 200-day moving average price is $12.99. On average , equities analysts anticipate that Valeant Pharmaceuticals International will post $3.89 earnings per share for the current fiscal year. Read More »

EU's Barnier Hopes to Remove Brexit Uncertainties as Talks Begin


With Britain's negotiations on the terms of its departure from the European Union set to begin on Monday, the country risks skills shortages and losing business if it ends freedom of movement without a new plan for attracting workers, the report by the National Institute of Economic and Social Research and the Chartered Institute of Personnel and Development said. Read More »

U.S. oil production seen thwarting OPEC effort to boost prices

A stronger dollar makes greenback-denominated oil more expensive for buyers in other currencies. "Chinese demand is slow.so we have a build-up of crude in Asia where demand seems to have slowed for now", said Oystein Berentsen, managing director of oil trading company Strong Petroleum. Read More »

Boeing unveils plans for new version of 737 Max

The salesman used his influence in pushing Airbus to upgrade the A320, allowing it to bring the model to market nearly 18 months before the revamped 737, turning the aircraft into the fastest-selling new model in commercial aviation history. Read More »

Sensex gains near 180 points, Nifty rises to 9628

Besides, investors' sentiments were buoyant after the GST Council on Sunday unanimously agreed on the July 1 rollout of the Goods and Services Tax (GST) regime. The 50-share Nifty regained the 9,600 mark at 9,631.25, up 43.20 points, or 0.45 per cent. Broader market indices performed in line with the major indices but slipped in the red zone at the closing bell. Read More »

Paris Air Show takes off between June 19-25

These planes will carry 188 passengers with both first- class and coach seating. Airlines are increasingly selecting bigger single-aisle jets. The A320neo range of jets, created to use less fuel than the original and widely-used A320s, have proven popular and are competing with Boeing's 737 Max series in the short to mid-range market. Read More »

Sainsbury's heads queue to buy Nisa convenience stores

Shopkeeper members of local supermarket chain Nisa are set to vote on the future of the group, as Sainsbury's nears a £130m deal to acquire it. Shares in Sainsbury's were 2.3% higher at 258.1p in morning trading, taking it to the top of the FTSE 100 . Read More »

Trump to restrict business with Cuban military, limit travel


The White House said the Obama administration left too many loopholes, or chose not to enforce certain rules, that resulted in benefits to the Cuban military or intelligence agencies. "Cuba is an important political topic at the regional level, but it carries little economic weight compared to other issues of interest to Trump", added Torrico, who also coordinates the master's program in public policy at Flacso. Read More »

What do we know about the Grenfell Tower tragedy so far?

He said they would be looking at whether anyone could be charged with manslaughter following a litany of failings that led to the disaster - in which at least at least 58 people are now feared to have been killed. He said that "it's hard to describe the devastation the fire has caused". The brochure was issued by French-based Arconic Architectural Products, which is responsible for the marketing in Europe of systems produced by USA company Arconic, which owns Reynobond. Read More »

Labour want figures for all deals struck between DUP and Tories

May has said the divorce talks, likely to be the most complex in Europe since World War II, will begin as planned next week and her Brexit minister, David Davis , said Britain's negotiating position was unchanged. For the first time since the referendum on Britain's exit, there is "an opportunity to have a much better relationship with the European Union", said Roland Rudd, a senior figure in the defeated "remain" campaign and founder of Finsbury, a communications company. Read More »

London attack: Vehicle hits pedestrians outside mosque

British Prime Minister Theresa May described the situation as a "terrible incident", the Guardian said. Police said they were called just after 12:20 am Sunday to reports of a collision on Seven Sisters Road, which runs through the Finsbury Park area of the city. Read More »

Uber to accept all recommendations given in Holder Report


Recommendations on company improvements will be released to employees on Tuesday, a spokesman said. Along with over dozens of sexual harassment cases the report also included instances where Kalanick took his employees to a karaoke-escort bar when they visited Seoul in 2014. Read More »

Britain's struggling Co-op Bank says in rescue talks with investors


That leaves the United States hedge funds that own 80% of the bank, Blue Mountain Capital Management, Cyrus Capital Partners, GoldenTree Asset Management and Silver Point, to structure a rescue. When it offered itself for sale, the Co-op Bank blamed low interest rates and the higher-than-expected cost of its turnaround plan for its failure to meet the Bank's Prudential Regulation Authority (PRA) rules. Read More »

Call it the US Wide Open

Open history at +1. The player who stunned everyone was joint-leader Casey, who got a triple-bogey on the par-five 14th hole, and roared back into contention with five consecutive birdies. "I'm looking forward to it very much". Dustin Johnson , Rory McIlroy and Jason Day - the top three players in the world, all of them professing expansive Erin Hills to be flawless for their games - spent Friday cleaning out their lockers after missing the cut. Read More »