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Business

Teva Pharma Names Kåre Schultz President & CEO

Schultz said that he had been "extremely happy" as CEO of Lundbeck. Prior to joining Lundbeck, Mr. Schultz worked for almost three decades at Novo Nordisk , where he served in a number of leadership roles, including Chief Operating Officer, Vice President in Product Supply and Director of Product Planning and Customer Services in the Diabetes Care Division.

Business

Gas prices in DE still rising, but less dramatically

Still, prices Sunday were nearly 33¢ higher than the same day a year ago and up 23.5¢ from a month prior. " Irma's case it's mostly of demand and some infrastructure, obviously ", said Lundberg, talking about what effect that hurricane may have on prices.

Business

Equifax Hack: What's the Worst that Can Happen?

Identity theft can be crippling, expensive, and incredibly hard to resolve. "We also are focused on consumer protection and have developed a comprehensive portfolio of services to support all U.S. Monitor your bank . Start to keep track of your bank and other financial account activity closely. If you're among the roughly 44 percent of the US population who is potentially jeopardized by the Equifax breach, there's a significant chance you or someone in your family has had their personal ...

Business

Dow futures jump 100 points as North Korea tensions ease, Irma weakens

The index on Friday fell 0.3% as investors headed into a potentially eventful weekend including Hurricane Irma's move toward Florida and a possible missile test in North Korea. Lee said many foreign investors and domestic institutions were purchasing South Korean tech and chemicals shares as quarterly earning season neared.

Business

Supreme Court asks Jaypee Infratech to deposit Rs 2000 crore

The Court directed IRP to submit resolution plan indicating protection of interests of flat buyers and creditors within 45 days. "We understand the plight of home buyers ". This report comes after the apex court on September 5 agreed to hear the IDBI Bank's petition seeking modification of its order staying insolvency proceedings against Jaypee on September 11.

Business

Petra Diamonds shares tumble 24 per cent on Tanzania export ban

Petra has also suspended operations at one of its mines in Tanzania. The diamonds were seized on August 31 at the airport in Tanzania's main city of Dar es Salaam as they were being shipped to Belgium. His government last week cited "irregularities" in the process by which its stake in the Williamson mine was reduced from 50% to 25%, while Magufuli has also ordered an investigation into alleged under-declaration of diamond exports.

Business

IT is Poised to Break Multiple Box Office Records During First Weekend

This also goes to show, once more, that you don't have to throw the big bucks at a movie in order to see big rewards. Depending on where the actual weekend numbers land on Monday, IT's opening may wind up being the biggest box office debut since Guardians of the Galaxy Volume Two opened with $145 million this past May.

Business

Russian and Japanese leaders "decisively condemn" North Korean tests

South Korean Defense Minister Song Young-moo said Thursday the four launchers were all delivered to the designated site , 40 days after Seoul had agreed to place more missile defense in the area following North Korea's intercontinental ballistic missile provocation on July 29.

Business

Japan, South Korea need to unite, not fight

Known as "freeze for freeze", the proposal calls for Pyongyang to freeze its nuclear program in exchange for the US and South Korea suspending their joint military drills. Putin's warnings haven't stopped the Untied States from trying to pursue a tough global response to the nuclear test , especially at the United Nations .

Business

Ministry: More THAAD Launchers To Be Deployed Thursday

The South's military exercises on Monday involved F-15 fighter jets and land-based ballistic missiles simulating an attack on North Korea's nuclear test site to "strongly warn" Pyongyang over the recent detonation. Ambassador Vassily Nebenzia said Russian Federation said sanctions against North Korea aren't working and Moscow wants a new United Nations resolution on North Korea to focus more on a political solution.

Business

Chinese bitcoin exchanges say awaiting clarification on closure reports

Now, in another major blow to the cryptocurrency supporters, Bitcoin is witnessing a heavy tumbling in the USA after it was reported that Chinese regulators have ordered the national Bitcoin exchanges to shut down, which have been witnessing an exponential rise in the country 4 years ago.

Business

British subsidies for offshore wind power fall well below new nuclear

This adds to the cost advantage offshore wind has now established over new nuclear. "The offshore wind sector alone will invest £17.5bn in the United Kingdom up to 2021 and thousands of new jobs in British businesses will be created by the projects announced today", said energy and industry minister Richard Harrington.

Business

Chicago, Philadelphia, Toronto Vie for Amazon's $5 Billion 2nd Home

The province announced in a press release Saturday that Pallister wants a "Team Manitoba effort" in trying to lure the American corporation to set up shop in the heart of the continent. He adds that he has reached out to Mayor Brian Bowman and the business community. "By partnering with the province and key stakeholders in the economic community, we will present a unified proposal for this significant opportunity", Bowman said in a release.

Business

Liberum Capital Reaffirms "Buy" Rating for Air Partner plc (AIR)

Meiji Yasuda Life Insur owns 25,350 shares. Canada Pension Plan Board invested 0% of its portfolio in Tribal Group plc (LON:TRB). Delta Asset Management Limited Liability Tn accumulated 0% or 393 shares. On Thursday, February 11 the stock rating was maintained by Shore Capital with "Hold". Canaccord Genuity maintained Tribal Group plc (LON:TRB) rating on Wednesday, October 28.

Business

China studying when to ban sales of traditional fuel cars

China passed the United States past year as the biggest electric auto market. This isn't the first time a governing body has said it would eventually phase out the sale of traditional fuel vehicles: France said it will stop selling fossil fuel cars by 2040 in July, and the United Kingdom has committed to the same timeline for sales of those vehicles.

Business

Synchrony Financial (NYSE:SYF) Trading Down - Shorts Up 13.09%

Xylem Inc (NYSE:XYL) has risen 20.76% since September 8, 2016 and is uptrending. Blackrock Group Limited has 0.04% invested in Xylem Inc (NYSE:XYL) for 1.86M shares. National Bank & Trust Of Montreal Can accumulated 405,288 shares or 0.03% of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink .

Business

NK holds public gathering to celebrate its sixth nuclear test

China's state media outlet, CCTV, said Wednesday that Xi expressed China's commitment to denuclearize the Korean peninsula and called for a peaceful settlement during their phone call earlier in the day. In response to the latest nuclear test, the U.S. and its allies urged the United Nations Security Council to impose an oil embargo on North Korea , ban its exports of textiles and the hiring of North Korean labourers overseas, and to subject leader Kim Jong Un to an asset freeze and ...

Business

USA calls for UNSC meet over North Korea draft resolution

Washington told the U.N. Security Council on Friday to call a meeting on Monday to vote on a draft resolution establishing additional sanctions on North Korea for its missile and nuclear program . "The Russians and the Chinese are categorically opposed". Given the situation on the Korean peninsula, the UN Security Council should seek a "further response" and adopt new measures , Yi said at a press conference on Thursday after a meeting with Nepal's Deputy Prime Minister Krishna Bahadur ...

Business

New York AG - among others - examining massive Equifax hack

Equifax on Thursday said it was the victim of a cyber breach beginning in May that saw the personal data of as many as 143 million Americans taken by unidentified thieves. "Equifax will not be defined by this incident, but rather by how we respond". Equifax says you can opt out of that arbitration agreement by writing to them.

Business

Investors punish Equifax for massive data breach

Names, addresses, dates of birth, Social Security numbers , and driver's license numbers were stolen. Montana residents were among those affected. "I'm not giving you more information.' So, I got nervous to be honest, and I didn't check ", said one consumer .

Business

DCP Midstream Partners, LP (DCP) Receives $39.50 Average Target Price from Analysts

It has underperformed by 10.78% the S&P500. Mario Gabelli increased its stake in Allegheny Technologies Inc Com (ATI) by 2305.88% based on its latest 2016Q4 regulatory filing with the SEC. Investors sentiment increased to 1.53 in 2016 Q4. Mirae Asset Glob Investments Limited accumulated 0.05% or 16,937 shares. Philadelphia Trust reported 0.03% of its portfolio in Alexion Pharmaceuticals, Inc.

Business

Orlando International Airport closing Saturday due to Hurricane Irma

Air Canada announced on Friday that they had canceled all flights to and from Florida beginning Saturday, Sept. 9 through Monday, Sept. 11. American Airlines , the largest US carrier by passenger traffic, on Wednesday said it would begin winding down operations in south Florida, including Miami, Fort Lauderdale and West Palm Beach, on Friday.

Business

ASUU Finally Reaches Agreement With FG

Shortly after they emerged from the meeting, Ogunyemi told newsmen that the new terms of agreement between the union and FG would be ratified at the national executive committee meeting expected to hold next week before ASUU will revert to government on its next line of action.

Business

Ford Motor Company (NYSE:F) Short Interest Up 6.9% in August

Gofen & Glossberg LLC IL boosted its position in shares of Ford Motor by 18.0% in the second quarter. Schwerin Boyle Capital Management Inc who had been investing in General Motors for a number of months, seems to be bullish on the $54.55B market cap company.

Business

Lady in China wins the Guinness record for longest eyelashes

You was officially awarded the 2018 Guinness World Record for the longest eyelashes today. The Lyon, France based tattoo artist lost his arm below the elbow almost 23 years ago and he challenged himself to use his ghost hand for his work with the prosthetic.

Business

Officer-involved shooting at Miami airport pre-Irma

The suspect was transported to Jackson Memorial Hospital. As the chase continued, authorities evacuated the terminal. Airport spokesman Greg Chin says Concourse J is temporarily closed. At the time of publication, it was unknown how the number of flights coming into the airport and leaving the airport were different from those under normal conditions.

Business

Benedict Cumberbatch is electric in first trailer for The Current War

The period pitted Edison's direct current system against Westinghouse's alternating current model. Sounds technical, but it looks like The Current Wars will be anything but dry. Directed by filmmaker Alfonso Gomez-Rejon ( This Is Not a Love Story ), The Current War could position itself as a contender for the Oscars, according to the first reactions of Toronto.

Business

UK FCA May Weigh Regulation of Cryptocurrency ICOs

The SC said investors should be mindful of the fact that the scheme operators may not have a presence in Malaysia, and that it would be hard to verify the authenticity of the scheme. According to the statement, released yesterday, ICO schemes may be unregulated, possibly exposing investors to fraud, and could also be involved in money laundering and the financing of terrorism.

Business

Investec Asset Management Purchases New Holdings in General Electric Company

The lowest price the stock reached in the last trading day was $23.83 and compares with the $23.83 52-week low. Its share price has risen 0.65% in three months and is down -5.70% for the last five trades. Northwestern Mutual Wealth Mngmt owns 792,034 shares or 0.27% of their U.S. portfolio. Country Trust Bank reported 1.30 million shares. Leisure Management invested 1.95% of its portfolio in General Electric Company (NYSE:GE).

Business

Anadarko Petroleum Corporation (APC): What's the Story?

Shares of TechnipFMC plc (NYSE:FTI) traded up 0.34% in the last session while performance was up 26.33% in the last five days. It has underperformed by 8.41% the S&P500.The move comes after 5 months negative chart setup for the $23.13 billion company.

Business

Airline seats disappearing as Irma approaches Florida

It is unclear whether discounted fares will be offered out of Savannah Hilton Head International Airport or Hilton Head Island Airport should an evacuation order be issued in Georgia or SC, but The Island Packet and The Beaufort Gazette will check in with the airlines at that time.

Business

Russia Regards Actions against Consulate in the USA as Vandalic

Putin recommended everyone should "take a closer look at the initiative". A U.S. State Department official, who spoke with Reuters on condition of anonymity, said Washington hoped to avoid further retaliatory actions with Russian Federation, but that they were confident in the legality of the consular closure and restrictions announced last week.

Business

Japan, S.Korea push Putin over Pyongyang sanctions

Russian Federation backs a Chinese proposal for peace talks based on a freeze of North Korea's nuclear and missile tests in exchange for a suspension of US-South Korean military drills. Professor Kim said Mr Moon will seek to "pressure Russian Federation to use diplomatic efforts to defuse the situation on the Korean peninsula". That could have major reverberations: China is the largest trading partner of both the North and the US.

Business

Ak Steel Holding Corp (NYSE:AKS) Institutional Investors Quarterly Sentiment

The stock had a trading volume of 10,277,353 shares. KeyBanc Capital Markets downgraded AK Steel Holding Corporation (NYSE: AKS ) on Friday, August 19 to "Underweight" rating. The stock was acquired at an average price of $26.89 per share, for a total transaction of $107,560.00. Barclays Capital maintained United States Steel Corporation (NYSE:X) rating on Monday, October 5.

Business

Trump, South Korean president talk NKorea

Japanese Prime Minister Shinzo Abe called Thursday for the world to put the "greatest possible pressure" on North Korea to abandon its nuclear missile programme. The two leaders spoke for approximately 40 minutes by phone. Russian President Vladimir Putin , responding to a question about running in the country's presidential elections, said Tuesday that those wishing to run would announce it in due time.


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