Markets

Markets White House paints Handel win as Trump triumph
Author: 0 White House paints Handel win as Trump triumph

Millions of dollars in out-of-state money was poured into Georgia's 6th Congressional District for the race to replace Health and Human Services (HHS) Secretary Tom Price. However, Pelosi said she welcomes the questioning of her leadership - while also suggesting that her critics are just seeking media attention. Kathleen Rice , one of a small group who has gone public with the message that Pelosi should go, hosted a dozen Democrats in her office Thursday for an hour-long ...

Markets Philippines military says primary school hostage drama resolved
Author: 0 Philippines military says primary school hostage drama resolved

There were about 20 hostages taken from houses nearby, but no students, Antonio Maganto, the region's education spokesman, told AFP, although he said the exact numbers could not be confirmed. Despite admitting the possible tactical alliance between BIFF and the Maute group , both Gapay and Abella denied any connection between the attack to Pigcawayan and Marawi.

Author: 0 France's Altice USA rallies in New York market debut

IPO of the year, guided by Shearman & Sterling LLP. When launching the IPO last week, Altice had listed about 46.6 million shares of its Class A common stock priced at $27 to $31 per share. "It's really about being ready for tomorrow", he said. Some analysts have said that Altice USA could harbor ambitions to one day take on large acquisition targets such as privately held Cox Communications, which has long said it does not want to sell.

Markets Toshiba gets earnings report extension, faces delisting risk
Author: 0 Toshiba gets earnings report extension, faces delisting risk

Asked about the government-linked INCJ taking control of the business, Tsunakawa said Toshiba Memory will actually be run by its own top executives. Bidders for the coveted Toshiba memory business reportedly included US -based chipmaker Broadcom , Taiwan-based electronics maker Foxconn, SK Hynix and Western Digital .

Markets New Homes Sales Rebounded 2.9 Percent in May
Author: 0 New Homes Sales Rebounded 2.9 Percent in May

New U.S. single-family home sales rose in May and the median sales price surged to an all-time high, suggesting the housing market had regained momentum. Morgan. Economists surveyed by The Wall Street Journal had expected a sales pace of 590,000. Prices have been increasing as demand has outstripped supply, in part because of a shortage of available building lots.

Markets NH legislators accidentally pass law that lets pregnant women kill
Author: 0 NH legislators accidentally pass law that lets pregnant women kill

The bill had exceptions, though, including women seeking abortions . " Any act committed by the pregnant woman: Any act committed at the request or direction of the pregnant woman or for the benefit of the pregnant woman", and any act committed by a doctor wouldn't apply "in cases of second-degree murder, manslaughter, negligent homicide, or causing or aiding suicide".

Markets Sears Canada says it is seeking court protection
Author: 0 Sears Canada says it is seeking court protection

Ottawa retail analyst Barry Nabatian said the company has been losing market share to more upscale competitors such as Quebec-based Simons and US chain Nordstrom, both of which have locations at the Rideau Centre in Ottawa, as well as big-box stores such as Wal-Mart that offer similar styles of clothing at cheaper prices.

Markets JD.com Pays $397 Million for Stake in Fashion Retailer Farfetch
Author: 0 JD.com Pays $397 Million for Stake in Fashion Retailer Farfetch

JD.com and Farfetch announced this week a strategic partnership that they say will create "the premier platform for luxury ecommerce across China", tapping into a market thought to be worth $80bn . Led by José Neves, Founder, Co-Chairman and CEO, Farfetch is a global platform for luxury which partners with over 700 luxury boutiques and brands, located globally.

Markets Kilroy Realty Corp (KRC) EPS Estimated At $0.88
Author: 0 Kilroy Realty Corp (KRC) EPS Estimated At $0.88

The stock rose 0.79% or $0.61 reaching $77.48. About 756 shares traded. It is down 24.81% since June 23, 2016 and is uptrending. It has outperformed by 18.68% the S&P500. Its up 31.25% from 1,600 shares previously. Accern also assigned news articles about the real estate investment trust an impact score of 36 out of 100, indicating that recent media coverage is unlikely to have an impact on the company's share price in the immediate future.

Author: 0 Cuomo Threatens to Call Lawmakers Back After Dismal Session Ends

The Assembly had passed a two-year extension of the school control plan in May, but linked it to an extension of a raft of local taxes due to expire later this year. Control of schools will then revert to a mosaic of local school boards. De Blasio's proposal would effectively force Council members to face the ire of constituents at concerned for their quality-of-life and property values at several rounds of hearings.

Markets Ducati For Sale: Harley-Davidson is Interested
Author: 0 Ducati For Sale: Harley-Davidson is Interested

Credit Agricole S A now owns 138,710 shares of the company's stock worth $8,092,000 after buying an additional 42,023 shares during the period. (NYSE:CAT). Investors sentiment increased to 0.8 in 2016 Q4. Among 3 analysts covering Young Co's Brewery PLC ( LON:YNGN ), 2 have Buy rating, 0 Sell and 1 Hold.

Author: 0 U.S. crude stockpiles dip, gasoline builds unexpectedly

Both benchmarks are hovering near levels last reached in late November previous year when production cuts led by the Petroleum Exporting Countries ( OPEC ) were first announced in an effort to prop up prices. "Inventory data out last night showed another weekly build in crude inventories despite markets expecting a draw", he said. Oil prices dropped to six-week lows on Thursday, under pressure from high global inventories and doubts about OPEC's ability to implement agreed production ...

Markets U.S. shoots down drone close to Iraqi-Syrian border: statement
Author: 0 U.S. shoots down drone close to Iraqi-Syrian border: statement

The US-led coalition said in a statement that an F-15E Strike Eagle jet destroyed the Shahed-129 drone around 12:30 am (2130 GMT) northeast of the Al-Tanaf garrison, which is close to the Jordanian border. Still, the Pentagon said it had not seen hostile action from Moscow. "We continue to operate, making some adjustments for prudent measures", Davis said.

Markets Toothpick crossbow craze has China quivering
Author: 0 Toothpick crossbow craze has China quivering

Parents have called for the toys to be banned out of fears that someone will be seriously injured. Another parent said: "They're very risky". Some tests have apparently revealed that a needle shot through the toy was potent enough to crack a sheet of glass when fired straight at it, the Shanghai Daily reported .

Markets Fed: Biggest US banks strong enough to withstand recession
Author: 0 Fed: Biggest US banks strong enough to withstand recession

Banks that decide to resubmit their plans can only make downward revisions to the amount of capital they plan to use, meaning management teams that were too conservative may regret their submissions even if they pass. That's down from $526 billion in losses for 33 banks a year ago. JPMorgan Chase led the group with US$25.2 billion in losses. That means even if a bank passed a year ago, there's no guarantee it will do so again.

Markets Foxconn to continue to pursue Toshiba chip unit acquisition: Sharp CEO
Author: 0 Foxconn to continue to pursue Toshiba chip unit acquisition: Sharp CEO

Foxconn is the biggest contract manufacturer of smartphones and other devices for Apple , Sony, Blackberry and other brands. "An official holding personal grudges is pushing Toshiba to an unknown future", Gou said. White House spokeswoman Natalie Strom said after the visits that Gou met briefly with U.S. President Donald Trump . He later said Foxconn's USA investments could be in seven states, naming Ohio, Pennsylvania, Michigan, Illinois, Wisconsin, Indiana and Texas.

Markets $120M fine proposed for travel robocalls
Author: 0 $120M fine proposed for travel robocalls

This goes against The Truth in Caller ID Act of 2009 , which prohibits spoofing to "cause harm, defraud, or wrongfully obtain anything of value", according to the FCC. "Robocalling is consistently the top-ranked category of complaints that consumers bring to the FCC". "I wish I could promise the American people that today's action will put an end to all unwanted, and as this case makes apparent, dangerous, robocalls", said Commissioner Mignon Clyburn.

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