Money

Trump announces trip to Saudi Arabia, Israel, Vatican

Trump announces trip to Saudi Arabia, Israel, Vatican Spicer said Trump has also accepted the invitation of President Mahmoud Abbas of the Palestinian Authority to meet with him to discuss ways to advance peace between the Israelis and Palestinians, as well as efforts to unlock the potential of the Palestinian economy. [Full Article...]

Portugal's Sobral wins Eurovision contest with tender ballad

Portugal's Sobral wins Eurovision contest with tender ballad Portugal finished ahead of Bulgaria and Moldova . Russian Federation should have been the 43rd entrant in the show, but pulled out last month amid a row over its chosen singer, Julia Samoylova. Ukrainian President Petro Poroshenko canceled his visit to the final after deadly shelling in the east of the country Saturday, according to his official Facebook account. [Full Article...]

Will Snapchat's New Features Make It More Useful for Marketers?

The result was impacted by a US$2 billion share-based expense related to the company's IPO , which held its initial public offering ( IPO ) in March. But it wasn't all bad news for stock investors - short sellers are poised to make a killing on the share plunge. In the IPO filing, Snap repeatedly said its user numbers and engagement "can be lumpy and unpredictable". [Full Article...]

North Korea fires ballistic missile, Seoul says

North Korea fires ballistic missile, Seoul says This missile has a theoretical range of about 7,500 miles, which is enough to reach all of the United States from North Korea. "The remark is definitely a bit softer in tone compared to the past when the North would've said no to talks unless the USA acknowledges them as a nuclear power". [Full Article...]

G-7 nations seek ways to make growth help more people

The meeting focused on finance and security issues such as keeping multinationals from dodging taxes and a collective response to cybercrime like the ransomware attack that hit dozens of countries on Friday. President Donald Trump's firing of James Comey as Federal Bureau of Investigation chief this week provided an unwelcome distraction from policy. Attention also focused on Trump's plans to ... [Full Article...]

Europol warns of further cyberattacks on Monday morning

He added: "That's why we're seeing these numbers increasing all the time". He said the motivation remained unknown but ransomware attacks were normally "criminally minded". Mr Wainwright said Europol was working with the Federal Bureau of Investigation to track down those responsible and said it was likely more than one person was behind the attack but he said identifying offenders was "very d... [Full Article...]

Mnuchin: US partners more comfortable with Trump on trade

French Finance Minister Michel Sapin poses for photographers in front of the Castle of Bari , venue of the G7 of Ministers of finance, in Bari , southern Italy, Friday, May 12, 2017. The G7 financial leaders in Bari were set to repeat a line agreed by the broader Group of 20 in March which said: "We are working to strengthen the contribution of trade to our economies". [Full Article...]

Piper Jaffray Gives Pioneer Natural Resources Price Target With Potential 25.26% Upside

Cliffs Nat Res Inc now has $1.75B valuation. Following the transaction, the director now owns 87,991 shares of the company's stock, valued at $556,103.12. (NYSE:KF). City Of London Investment Management, United Kingdom-based fund reported 2.47 million shares. The Shareholder Yield of Pioneer Natural Resources Company (NYSE:PXD) is -0.039513. [Full Article...]

Bank of England keeps rates at record low as economy slows

Bank of England keeps rates at record low as economy slows The Bank also appeared upbeat on the United Kingdom economy, predicting that rising net foreign trade and business investment would compensate for weaker customer spending. However Ben Brettell, senior economist at Hargreaves Lansdown, said that investors should be ready for a shock early rate rise. The inflation report added support to the view that interest rates are set to rise sooner than ... [Full Article...]

Iraq, Algeria support extension of oil production cuts

Oil cartel Opec and other producers including Russian Federation have pledged to cut output by nearly 1.8-million barrels a day during the first half of the year. While the producers have largely complied with the production quotas, oil prices have struggled to gain momentum as US shale producers have started to ramp up production in response to the OPEC-led cuts. [Full Article...]

Bank warns households face Brexit squeeze as inflation rises

Forbes' stance from one or more other rate setters. The reduction in the growth forecast - from 2 per cent to 1.9 per cent - came after a sharp slowdown in GDP in the first quarter of the year and after figures from the Office for National Statistics showed manufacturing output fell 0.6 per cent in March, while construction dipped 0.7 per cent as industrial output as a whole slumped 0.5 per cent... [Full Article...]

Coach To Buy Kate Spade For $2.4 Billion

Coach and Kate Spade make most of their money in the US, but both have been working to expand their worldwide presence. " Coach stuff was just so ubiquitous, and the brand had become a bit devalued, and no one wanted to pay full price for it", said Neil Saunders , a retail analyst with GlobalData Retail, a research firm. [Full Article...]

Melissa McCarthy Becomes a Legend as Sean Spicer

Videos posted on Twitter show McCarthy slowly driving down the street with a line of cars following her. In the video, released Wednesday, she's seen mouthing " I Feel Pretty " and dancing around Studio 8H, while she gets into character as the White House press secretary. [Full Article...]

North Korea accuses US, South Korea of plotting assassination attempt

North Korea accuses US, South Korea of plotting assassination attempt Western spy agents contacted the man just a month ago to say the Central Intelligence Agency had decided on which poison to use, it was claimed . The statement did not give any information on how the plot was foiled or what happened to the alleged spy. [Full Article...]

US Retail Sales Rose 0.4% in April

US Retail Sales Rose 0.4% in April U.S. retail and food services sales came in at $474.9 billion in April, an increase of 0.4 percent from March, and 4.5 percent above April 2016, according to the U.S. Sales fell at grocery stores and clothing merchants. The latter indicates that consumers are spending on wants in addition to needs, and hints at the notion that strong job growth and rising wages are boosting confidence - something ... [Full Article...]

Enbridge Energy Partners, L.P. (EEP) Announces Quarterly Dividend of $0.35

Enbridge Energy Partners, L.P. (EEP) Announces Quarterly Dividend of $0.35 ETP is now trading at an analyst estimated forward EV-to-EBITDA (enterprise value to earnings before interest, tax, depreciation, and amortization) multiple of 5.2x, which is lower than the peer median multiple of 11.4x. Stifel Nicolaus upgraded the stock to "Buy" rating in Wednesday, September 9 report. TheStreet raised Viper Energy Partners from a "c" rating to a "b-" rating in a research no... [Full Article...]

Cheniere Circles China After Trade Deal Portends Gas Export Boost

Cheniere Circles China After Trade Deal Portends Gas Export Boost The Gulf Coast could be one of the prime benefactors of increased trade with China. Included among the 10 specific actions named in the agreement are the resumption of imports of USA beef into China and approval for China to import us shipments of liquefied natural gas (LNG). [Full Article...]

Glencore PLC (GLEN) Rating Reiterated by Liberum Capital

Kennedy Capital Management Inc increased Microsemi Corporation (MSCC) stake by 1.79% reported in 2016Q4 SEC filing. Castleark Management Llc acquired 45,012 shares as Abiomed Inc (ABMD)'s stock declined 11.83%. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and three have given a buy rating to the company's stock. [Full Article...]

Fiat Chrysler recalls 1 million pickups for faulty software

The recall affects approximately 1 million trucks in the USA, 216,007 trucks in Canada, 21,668 in Mexico, and 21,530 trucks outside of the NAFTA region. "It serves as a potential safeguard against inadvertent system activation, should a sensor failure actually occur", the OEM said. If the truck is turned off and then back on, the system may be returned to its normal function. [Full Article...]

Investor Research Report on Arbor Realty Trust Inc. (ABR)

Investor Research Report on Arbor Realty Trust Inc. (ABR) First Industrial Realty Trust had a net margin of 37.72% and a return on equity of 11.92%. Volume is the amount of shares that trade hands - in simple terms. (NYSE:FR) to report earnings on July, 27. First Industrial Realty Trust's quarterly revenue was up 4.2% compared to the same quarter previous year. FR's profit will be $45.46M for 17.76 P/E if the $0.39 EPS becomes a reality. [Full Article...]


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