Markets

Author: 0 Sophos Group (LON:SOPH) Analyst Target Changes

Another trade for 500 shares valued at $2,250 was bought by Newman Leonard Martin. Ledford Laurie had sold 184,305 shares worth $13.64 million. With 507,300 avg volume, 9 days are for J2 Global Incorporated (NASDAQ:JCOM)'s short sellers to cover JCOM's short positions.

Author: 0 Whole Foods CEO calls deal with Amazon 'whirlwind courtship'

Amazon is feared to be planning a bloodbath at Whole Foods. "We just had these big grins on our faces, like, "These guys are unbelievable.' They're so smart". Morgan Stanley analysts have also written in a report that Amazon's acquisition of Whole Foods "creates an entry point to drug delivery" and provides the necessary real estate .

Markets China's top regulator pledges reforms after MSCI decision
Author: 0 China's top regulator pledges reforms after MSCI decision

Mainland China's Shanghai Composite Index added 0.5 per cent to 3,156.21 on Wednesday after global index compiler MSCI said it will add yuan-traded equities to its benchmark indices for the first time. Meanwhile, the won-dollar exchange rate has increased for two days in a row, recording 1,144 won in the foreign exchange trading market in Seoul, up 8.60 won.

Markets Pentagon Wastes $30 Million on Wrong Afghan Military Uniforms
Author: 0 Pentagon Wastes $30 Million on Wrong Afghan Military Uniforms

Afghan soldiers train at the Ghar Ordoo military base in Herat province, Afghanistan in 2010 - wearing uniforms provided by the U.S. Department of Defense that feature a woodland camouflage design. Sopko has always been critical of the Pentagon for recklessly spending tens of millions of dollars as part of the $66 billion Congress has earmarked to train, equip and house Afghan security forces, said USA Today , which first reported on the study.

Author: 0 After Warmbier's death, US weighs travel ban on North Korea

A senior administration official, speaking on condition of anonymity, said the United States had limited options to rein in North Korea without Chinese assistance. White House press secretary Sean Spicer said the administration would "continue to apply economic and political pressure" on North Korea , in conjunction with US allies and China, "to change this behaviour and this regime ".

Markets Hong Kong is now 2nd-most expensive city for expats
Author: 0 Hong Kong is now 2nd-most expensive city for expats

The plummet in Cairo's ranking follows a major devaluation of its local currency, and the city now represents by far the least expensive city in this part of the world. This year's most expensive city though is Luanda , Angola , back at the top spot which it also occupied in 2014 and 2015. Some Russian cities leapt up the table in the new survey, with Moscow reaching 14th place from 53rd past year and Saint Petersburg leaping to 36 from 116 "under the twin effects of the rise in the ruble ...

Markets Toshiba shares slip as it gears up for chip unit sale
Author: 0 Toshiba shares slip as it gears up for chip unit sale

South Korea's SK Hynix Inc.is expected to provide loans in order to avoid antitrust problems, but was not mentioned in any official announcement Wednesday. The consortium entered the bid on the condition that Western Digital drops its injunction filed against the sale in the United States and elsewhere.

Markets Queen outlines UK government agenda in scaled-down speech
Author: 0 Queen outlines UK government agenda in scaled-down speech

Instead, May's programme for government was largely restricted to the technical work of making sure Brexit can happen: a bill that sets out how the government will transpose huge swathes of European Union law into British law and separate bills on related topics such as immigration, customs and fisheries.

Markets GOP eyes Senate health care vote next week, amid grumbling
Author: 0 GOP eyes Senate health care vote next week, amid grumbling

Remember when "the issue of health reform" was "too important to not take the time to get it right"? Republicans hold 52 out of 100 seats in the Senate and the latest bill is created to find an agreement between the conservative wing and more moderate Republicans.

Markets Tougher Trump line toward Cuba delights hardliners on island
Author: 0 Tougher Trump line toward Cuba delights hardliners on island

President Donald Trump's announcement Friday that he plans to tighten restrictions on travel and trade with Cuba drew mixed reactions from Colorado lawmakers, with Republican U.S. The "wet foot, dry foot" policy , which once let most Cuban migrants stay if they made it to USA soil but was terminated under Obama, is to remain terminated.

Author: 0 Belmont Stakes up for grabs to end uneven Triple Crown

Kentucky Derby victor Always Dreaming and Preakness Stakes victor Cloud Computing were not in the field. Tapwrit came out of the 2nd spot, chased the leaders close, and ultimately passed Irish War Cry down the front stretch to win the 2017 Belmont Stakes by 2 lengths.

Author: 0 Amazon buying Whole Foods, making strong move into groceries

Groceries are already a fiercely competitive business, with low-priced rivals like Aldi putting pressure on traditional supermarket chains and another discounter, Lidl, opening its first US stores just this week. Whole Foods had fiscal 2016 sales of about $16 billion. The deal is the latest big move for Amazon and its charismatic chief executive Jeff Bezos , who grew Amazon from a small online bookseller in the 1990s into a global retail behemoth that delivers a wide range of goods ...

Markets MSCI adds China A-shares to global benchmark
Author: 0 MSCI adds China A-shares to global benchmark

The announcement comes on the heels of a series of market reforms that Tadawul and the Capital Market Authority (CMA) have undertaken as part of the Kingdom of Saudi Arabia's Vision 2030 economic transformation program, which in part seeks to bring the Saudi market into alignment with its emerging and developed market peers and gain recognition for the country as an indexed emerging market.

Author: 0 Markets Right Now: Stocks open slightly lower on Wall Street

However, strong gains from healthcare stocks is softening the blow - though the S&P 500 Index (SPX) and Nasdaq Composite (COMP) are both lower, as well. "Investors were temporarily chased from the space but many companies in the sector offer growth which is hard to find in the market as a whole". Brent crude, the worldwide standard, fell 46 cents to settle at $46.91 a barrel.

Markets Oil prices plummet to lowest level in 7 months
Author: 0 Oil prices plummet to lowest level in 7 months

Prices were down 2.5 percent last week. UAE Energy Minister Suhail al-Mazrouei said on 17 June that was no need for an extraordinary Opec meeting to discuss whether the production cuts are having the desired effect. The mood of financial speculators strongly affects the prices. The shale comeback is displayed by the unrelenting rise in the Baker Hughes rig count.

Author: 0 Pregnant mother shot, killed by police in Seattle

The audio is linked to the dash-cam of the patrol cars of both responding officers, police said. "After talking with Lyles' family, we learned that Lyles has experienced a recent sudden and rapid decline in her mental health". According to the Seattle Times , two white, armed officers showed up at the apartment. The discourse proceeds calmly at first, as police ask Lyles questions and she responds.

Markets Murdoch's Fox-Sky deal in hands of UK government
Author: 0 Murdoch's Fox-Sky deal in hands of UK government

Mrs Bradley referred the attempted takeover for investigation on the grounds of "media plurality and commitment to broadcasting standards" earlier this year. Lawyers representing several women who have accused staff at Fox News - part of 21st Century Fox - of sexual harassment also recently met Ofcom to warn against the planned deal.

Author: 0 Tropical Storm Cindy forms off Texas-Louisiana coast

National Hurricane Center in Miami have been issued for parts of the Louisiana and Texas coastlines. 12 inches, over southeastern Louisiana , southern MS, southern Alabama, and the Florida Panhandle through Thursday. By Tuesday morning, as the storm tracked west, forecasters named it Cindy - the third named storm of the Atlantic hurricane season. The storm is located 450 KM from Morgan City , Louisiana , and cruise lines are monitoring the progress of the storm.

Author: 0 Emirates wants US, European monitors for any Qatar deal

Yemen, the Maldives, Mauritius, Mauritania and the eastern-based government in divided Libya also announced a break in relations with Doha , while Jordan and Djibouti said they would lower the level of diplomatic contacts with Qatar. The Qatari Defense Ministry also stated on June 19 that the Turkish troops had arrived to take part in joint training exercises, adding that the first joint drills took place on June 18 at the Tariq bin Ziyad military camp in Doha .

Author: 0 South Korea scraps plants, signals shift from nuclear energy

South Korea is also one of the few countries that have exported its nuclear reactor technology, an area once seen by some of its construction companies as a new cash cow. In the following year, fake parts scandals prompted an investigation and spread fear over nuclear plants' safety. South Korea is also searching for answers on how and where to store spent nuclear fuels permanently.