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Business

HP CEO: Republicans should 'reject Donald Trump this November'

Donald Trump said Wednesday that Hillary Clinton "should get an award" from jihadist militants because she is "the founder of ISIS". Trump blasted Bernie Sanders for lending his support to Hillary Clinton's campaign, Mr Trump claimed Mr Sanders had "buyer's remorse" over his decision and said: "He made a deal with the devil".

Business

Amkor Technology, Inc. (AMKR) Updates Q3 Earnings Guidance

The company has got a 52-week exceptional price of $7.80 and reached a 52-week lowest of the share price at $4.08. Amkor Technology (AMKR +17.5%) Q2 results came in easily topping estimates, highlighted by 24.5% Y/Y revenue ($917M) growth.

Business

Zack's upgrades stock rating at Eli Lily (NYSE: LLY)

Other Hedge Funds, Including, Spinnaker Trust added LLY to its portfolio by purchasing 2,690 company shares during the most recent quarter which is valued at $222,517. The stock has market worth of $91.41B. Several institutional investors have modified their holdings of the stock. RI now owns 53,289 shares of the company's stock valued at $4,490,000 after buying an additional 703 shares during the period.

Business

Bad news for Irish firms as Brexit knocks United Kingdom construction

The Markit/CIPS business activity index for services declined to 47.4 from 52.3 in June, in line with a flash estimate released on July 22. It said the fall in manufacturing production was its steepest since October 2012, while employment across the industry dropped for the seventh straight month.

Business

Biggest Mover: Alibaba Group Holding Limited's (BABA)

Relative strength index (RSI-14) for CSX Corporation (NASDAQ:CSX) is at 53.99. Underperform rating was given by 0 analyst and Outperform rating was given by 4 analyst. The Company has 2493.12 million shares outstanding and 752.26 million shares were floated in market. A look on the firm performance, its monthly performance is 5.69% and a quarterly performance of 7.20%.

Business

Royal Bank of Scotland swings to a loss in 2Q

The bank's total income fell by nearly a fifth to 6.06 billion pounds, while the spike in losses was partly driven by a 630 million pound charge for corporate restructuring, 345 million pounds of which related to Williams & Glyn. RBS also Friday said it will sell its Williams & Glyn unit rather than continue an expensive plan to list it, a day after the Bank of England chose to cut interest rates.

Business

Consumer confidence steady in Apr-Jun — Nielsen Global Survey

But it is on the job market and personal financing that residents' sentiments were more bullish. India's consumer confidence index slowed during the second quarter, concerns over fuel prices and rising inflation, making the country lose the top position it occupied for the last two years, to a survey by market insight firm AC Nielsen.

Business

Google to test delivery drones

Through his work at Intel, Krzanich tests drones on factors such as collision avoidance and beyond line-of-sight flight capabilities. In addition, Project Wing will also test what it calls an "open-interface airspace management solution for low-altitude, small UAS operations".

Business

What Analysts say about Tableau Software Inc (NYSE:DATA)

The stock established a positive trend of 0.48% in last week and indicated rise of 15.20% in previous month. Vanguard Group Inc. increased its position in shares of Tableau Software by 6.2% in the fourth quarter. In a recent analyst note, Deutsche Bank said it was "incrementally concerned about price discounting and competition and [has] less confidence in the upside potential to Tableau's 2016 guidance".

Business

Peoria Riverfront Market Celebrates National Farmers Market Week

Department of Agriculture, to celebrate the role that farmers markets have in supporting the local economy and providing the nation with fresh, healthy food. There are also many youth farm stands throughout MI. Interlochen and Traverse City have both hosted 4-H youth farm stands. The Seniors Farmers Market Nutrition Program and the Women, Infants and Children (WIC) Farmers Market Nutrition Program are created to increase sales for produce growers by encouraging the consumption of fresh fruits ...

Business

US report says Tesla driver speeding in fatal Autopilot crash

The electric vehicle maker began using the chips for Autopilot in the Model S in 2014 and the next version of the chip is expected in 2018. About 9 million Mobileye shares had traded, more than double the 30-day average. Consumer Reports asked the company to rename the feature and require drivers to keep their hands on the steering wheel. The Autopilot system was engaged, but it didn't slow the auto before it struck the tractor trailer.

Business

Boston Scientific Corporation (NYSE:BSX) & Kimberly Clark Corp (NYSE:KMB) Trending Stocks

Live webcasts of both question-and-answer sessions will be available on the Investor Relations section of the Boston Scientific website at www.bostonscientific.com/investors. Argus reaffirmed a "hold" rating on shares of Boston Scientific Corp .in a research report on Sunday, April 10th. Now when we talk about Revenue Estimate for the current Fiscal Quarter, Average Revenue Estimate of Boston Scientific Corporation (BSX ) is projected as $2.05 Billion where Low Revenue estimate and High ...

Business

Marathon Oil Corporation (NYSE:MRO) Stock Declines, Analysts: Hold Rating

Marathon Oil Corporation had its "sector perform" rating reiterated by analysts at RBC Capital. Citigroup Inc. restated a "buy" rating and set a $65.00 price objective on shares of Anadarko Petroleum Corp .in a report on Tuesday, May 3rd.

Business

Bitcoin worth $72M stolen from Bitfinex

The company said its main website would remain offline and all trading halted until the investigation was over. Bitcoins created by enthusiast Mike Caldwell are seen in a photo illustration at his office in Sandy, Utah on September 17, 2013.

Business

Duke Energy 2Q profit falls more than 6 percent

Private Bank Trust Co boosted its stake in DUK in the latest quarter, The investment management firm added 375 additional shares and now holds a total of 3,794 shares of Duke Energy Corp which is valued at $323,439. The company's management has announced Aug 10, 2016 as the ex-dividend date and fixed the record date on Aug 12, 2016. Duke Energy Corp makes up approx 0.04% of Reinhart Partners's portfolio.

Business

Office Depot plans to close more stores — Business in brief

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. ODP stock was up 6% as of Wednesday afternoon. Looking forward, analysts on average predict that earnings for the current quarter would come in between $0.35 and $0.37.

Business

Wheat up 2-3 cents, corn mixed, soybeans down 4

The following is a compilation of reports updating the current corn crop here in the United States. The combined position across the three crops turned net-short to 74,033 contracts in the week ended July 26, according to Commodity Futures Trading Commission data published three days later.

Business

Clinton acknowledges misspeaking about FBI director's testimony

The National Journal's Ron Fournier, who said he will vote for Hillary, is begging Democratic leaders to get Hillary to stop lying. Clinton has claimed she never sent or received anything marked classified. "America is better than Donald Trump", she said. Many pundits believe she needs to appeal to the Fox News audience to attract anti-Donald Trump conservatives, but the backlash from her Wallace interview might force her campaign to avoid Rupert Murdoch's network.

Business

Donald Trump's 'rigged' claim is a scare tactic; challenges US democratic system

In the interview, Vos said Trump needs to apologize for his comments about Ryan. Trump also maintains his feisty - and unprecedented - back-and-forth with the parents of Army Capt. are causing real problems". Given that a sizable bloc of GOP voters is apparently willing to agree with Trump on pretty much everything, it's plausible that a sizable bloc of them will be open to being convinced that the outcome of the presidential election was illegitimate - and that Clinton, should she win, is ...

Business

Integrated Wealth Management buys $731163 stake in Realty Income Corp (O)

Many Wall Street Analysts have commented on Realty Income Corp. According to a research note published on Mar 7, 2016, analysts at Argus have lowered their rating on the company stock from Buy to Hold. Duke Realty (NYSE:DRE) yesterday was the subject of a new research report issued by Stifel Nicolaus in which it was reiterated as "Buy" by analysts at the firm.

Business

HSBC's Profits Slide 29% As Economy Slowsdown

Last year, HSBC chief executive Stuart Gulliver announced a three-year strategy to reduce the bank's worldwide operations, cut annual costs by US$5 billion, and shed 50,000 jobs. Reported and adjusted operating expenses fell and the group made run-rate savings of more than US$2bn since it launched a cost-cutting programme. HSBC no longer expect to hit their current target of a 10% return on equity (ROE) by the end of next year, and while it remains a target there is no longer a formal ...

Business

Ofgem Puts Price Cap On Pre-Pay Energy Meters

Ed Kamm, managing director of First Utility, said: 'Too many people are overpaying for their energy and these proposals don't go far enough'. He added: "As is Ofgem's way, the onus still lays with the customer to be proactive and shop around to avoid being ripped off".

Business

Dollar, sterling tread lightly ahead of BOE, US jobs data

Benchmark 10-year US yields hit their lowest level in three days at 1.484 percent, while 30-year Treasuries prices rose more than a full point, their yields also hitting a three-day low of 2.233 percent. Economists polled by Reuters expect a non-farm payroll increase of 180,000. As the dollar recovers, the euro eased to $1.1114 on Thursday and last stood at $1.1131, little changed on the day but down 0.3 per cent on the week.

Business

Terrence Howard aka "Lucious" Hit With $250k Lawsuit By Ex-Managers

There are no details as to why Howard's role on the show was in jeopardy, but Authentic bosses claim they "intervened with the Los Angeles-based executives of Imagine and effectively saved Howard's job on Empire by convincing those executives not to terminate Howard from the show".

Business

Earnings Estimates & Analyst Opinion on Rackspace Hosting, Inc. (NYSE:RAX)

The average forecast of sales for the year ending Dec 16 is $2.11B by 22 analysts. A number of Reuters analysts recently commented on the stock. Rackspace has been the topic of 27 analyst reports since August 10, 2015 according to StockzIntelligence Inc. The ratio increased, as 46 funds sold all Rackspace Hosting, Inc .

Business

Three Zika Cases Have Been Confirmed In Pregnant Illinois Women

There is no treatment. Closer to us, three pregnant women in IL have tested positive. Officials said the new cases bring the total amount to 19 residents with travel-related infections. 14 cases of locally transmitted Zika cases have popped up in areas near Miami. Although Zika has been in the headlines lately, last week the first West Nile case was confirmed here in Fresno County.

Business

Aetna, Humana Announce Plans To Pull Back Exchange Offerings

If federal officials fall for Anthem's and Aetna's latest PR ploy to win approval of their plans to buy the companies I used to work for, I'll offer to sell President Obama a bridge or two. To conclude, Aetna's exit along with UnitedHealth and Humana from Obamacare plans is likely to minimize the competition on individual exchanges and will overburden the Blue Cross Blue Shield insurers to offer the only ACA plans.

Business

Community Health (CYH) Stock Declines on Q2 Earnings Miss

Community Health Systems has a 1-year low of $10.53 and a 1-year high of $49.78. Insider Activity: Corporate insiders look mixed about the outlook of the company stock that they seem to trade shares both ways while they have -43.49 retreated so far this year.

Business

Facebook opens R&D lab for hardware development

It will only help the company to fulfil its long-term plans: connecting more and more people, building virtual-reality and making drones that deliver internet signals all over the world. " Connectivity Lab , Oculus, Building 8, and our Infrastructure teams can now work collaboratively in the same space, learning from one another as they build", Burns and Greaves said .

Business

The Rubicon Project Inc (RUBI) is Downgraded by Citigroup to Neutral

The rating firm gave a Hold rating to this stock in a research note on Aug 3, 2016. SunTrust analysts issued their verdict on The Rubicon Project Inc (NYSE:RUBI) recently. BlackRock Group LTD boosted its position in The Rubicon Project by 399.9% in the first quarter. As CEO Frank Addante explained the challenges facing the company, "The digital advertising market is undergoing changes that have fueled headwinds that we expect will continue through the remainder of the year - particularly ...

Business

Japanese Cabinet approves economic stimulus package worth $275Bln

The outspoken lawmaker, who advocates firm political oversight of the Bank of Japan , is joining Abe's inner circle amid signs that investors are losing confidence in the prime minister's economic policies. We have a problem here; we need to supplement the labor and that's one of the reasons why government is trying to open up labor to women, which Japan is very much behind, and also to immigration policies, etc.

Business

Wal-Mart Launches New Scheduling System

Wal-Mart stores. Despite the company's attempts to broaden its customer base, there's one major reason we're still staying away from WMT stock in 2016. That gap has only continued to widen. The firm has so far spent its resources towards developing an online presence that will match its dominance in offline retail.

Business

SGX to seek shareholder approval for Baltic deal

The Baltic Exchange said that it would consult with major shareholders to seek their support for SGX's offer. The SGX and the Baltic Exchange said in May this year that SGX was in exclusive talks to buy the Baltic, with the period of exclusivity lasting until June 30.

Business

(NYSE:NFX) Analyst Opinion

Adell Harriman & Carpenter Inc. raised its stake in shares of Newfield Exploration by 4.8% in the first quarter. Daiwa Securities Group Inc. acquired a new position in shares of Newfield Exploration during the second quarter valued at $221,000.

Business

Ryan reaffirms support for Trump

Trump had told The Washington Post in an interview earlier this week that he was "just not quite there yet" when it came to backing Ryan - language that echoed the words used by Ryan as he weighed whether to endorse the party's nominee. Ryan defended his endorsement of Trump for president. Trump probably started the pivot yesterday by calling Ryan "a good guy", to a hail of boos by Trump supporters.


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