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Business

Oracle Corporation (ORCL) Earns Consensus Hold Rating

September 16 investment analysts at RBC Capital left the company rating at "Outperform" and lowered the price target from $50.00 to $42.00. The company has a 50-day moving average price of $39.98 and a 200 day moving average price of $40.27.

Business

Which way Southwest Airlines Co. (LUV) insiders are heading

Bernstein is following shares of Southwest Airlines Co. The firm earned "Outperform" rating on Friday, September 9 by Imperial Capital. They issued an "outperform" rating and a $46.00 target price on the stock. Several studies suggest that positive earnings surprises not only lead to an immediate hike in a stock's price, but also to a gradual increase over time.

Business

Ryan's break from Trump prompts talk of GOP rebellion

Ryan's Monday conference call followed the release of a 2005 video showing Trump making vulgar comments about how he sexually pursued women. Campaign manager Kellyanne Conway said GOP leaders were being "wishy-washy" and "pussyfooting" around , rather than coming out in unanimous support of Trump.

Business

UK food prices to rise as pound drop stirs grocers dispute

The maker of Ben & Jerry's ice cream and Dove shampoo halted supplies to Tesco TSCO, -1.94%, leaving Britain's largest grocer without many of Unilever's flagship products available online on Wednesday. As it is in its other markets, Unilever is trying to offset volume declines with higher prices , which helped it post a third quarter sales growth of 3.2%, down from the 5.7% in the same period a year ago.

Business

Survivors, supporters run to raise money for breast cancer

About 246,660 new cases of invasive breast cancer will be diagnosed this year. "Every day, the American Cancer Society helps people take steps to reduce their risk of breast cancer or find it early, when it's small and easiest to treat".

Business

Pound Plunges To 30-Year Low As FTSE Surges To New Peak

Is the GBP poised to stage a recovery? "Hence, the pound's rebound should be limited and followed by a decline". While negotiations for a so-called "hard exit" from the European Union are likely to put further pressure on the currency, lower wages would also weaken domestic demand and contribute to a slowdown in growth, according to UBS.

Business

Chinas CPI inflation likely accelerated further in September

Price drivers for the non-food items include; Education, Housing, Water, Gas and other fuel, Transport among others while the price drivers for the food inflation included; vegetables, mineral water, coffee, tea, Cocoa among others. In this press note, the CPI (Rural, Urban, Combined) on Base 2012=100 is being released for the month of September 2016. The prices of milk and milk-based products' surged by 4.27 per cent.

Business

Sterling steadies after rollercoaster linked to Brexit debate

Meanwhile, the Open Britain campaign highlighted 2008 comments in which Mrs May backed parliamentary votes to define Britain's negotiating position in the EU. Keir Starmer, Labour's Brexit spokesman, welcomed May's change of position but said it was not enough. Ahead of the debate, the pair wrote to Brexit Secretary David Davis to call for a vote but also to stress they do not want to block Brexit.

Business

Legal challenge to United Kingdom government's right to trigger Brexit begins

May has now set the deadline to start the divorce proceedings - March next year - after which the United Kingdom will have two years to negotiate a new deal with Brussels. May has been under pressure to divulge more of her plans for Britain's exit from the bloc beyond her catchphrase that "Brexit means Brexit", but in a lively session of parliament her government said it had little concrete to give away.

Business

Tesla new product unveiling set for October 17 - Elon Musk

The media and users are just trying to guess what it is all about. As for the solar roof product unveiling occurring on October 28, Musk has said that the product will be "a fundamental part of achieving differentiated product strategy, where you have a handsome roof".

Business

Warren Buffet trumps Donald Trump with full tax disclosure

Trump's plan, the center said, would be complicated. Less affluent taxpayers would also benefit, but less so. Last year, Buffett paid about 16 percent of his reported income in federal income taxes. Compare that to the Tax Policy Center's Clinton mentions: for instance, "Clinton Proposes Tax Simplification for Small Business". Buffett, 86, has said that when he dies 99 percent of his wealth will go to charitable foundations, a transfer would also would exempt the gain in value of the ...

Business

Trump tweets 'shackles have been taken off me' - so, what happens now?

Her husband, former President Bill Clinton was dispatched to Iowa this week and Vice President Joe Biden was hitting Nevada. "Trump is telling us by his behavior that he would rather go down in flames than go out quietly", said Lara Brown, a political scientist at George Washington University, "This is where I would argue this is part of his narcissism, He'd rather take out he whole party rather than be branded a loser", she said.

Business

Amazon adding 120000 workers for holidays

Mike Roth, Amazon's vice president for global consumer fulfilment, said: "This is our favourite time of year - we love serving customers during the busy holiday season and we're excited to bring on more than 120,000 seasonal employees this year to support growing customer demand".

Business

ValiRx Plc (VAL) Earns Corporate Rating from Northland Securities

The firm earned "Buy" rating on Thursday, July 30 by Panmure Gordon. " EasyJet has performed strongly in a hard operating environment for all European airlines and in the three month period has been affected by major disruption, exchange rate fluctuations impacting holiday travel costs, the impact on demand from terrorist events and the low cost of fuel continuing to drive increased market capacity", the company said in its statement.

Business

Hookem: I did not throw a punch

A handout picture released by ITV NEWS on October 6, 2016 shows UK Independence Party MEP, Steven Woolfe , lying face-down on a walk-way inside the European Parliament building in Strasbourg in eastern France. In a statement from hospital, Mr Woolfe said he still had numbness in his face but was "feeling brighter, happier, and smiling as ever". Earlier, he told the Daily Mail that Hookem "came at me and landed a blow " after they left the meeting room.

Business

Hudson's Bay launches exclusive limited-edition holiday sweater collection by Whoopi Goldberg

I think it could be fun because there's a lot in my very twisted brain. When we caught up with the star to learn more about the collection, she was very clear on one thing - they're not "ugly" sweaters. The collection will be available for sale at the end of the month, but Whoopi is in no rush to put them on. She explained: "If they let me, yeah!" "I'm old school", she admitted.

Business

Bank of Japan likely to cut FY2017 inflation forecast in quarterly report

At the latest meeting, the BOJ chose to modify the framework of its bond-buying program to keep the yield of bellwether 10-year government debt at around zero percent, while leaving its negative policy rate unchanged at minus 0.1 percent. 1, when it may again push back the timing for achieving its price target in a quarterly review of its forecasts. The central bank is likely to make no major revisions to its economic growth forecasts, the sources said.

Business

United Kingdom rules out Brexit plan vote

News of the pessimistic forecasts came as the pound slumped to below $US1.23 on Tuesday after Prime Minister Theresa May and Brexit minister David Davis appeared to suggest that they could seek a Brexit outside the European Union single market to allow Britain to control migration from the bloc.

Business

Rising gold prices give TSX a boost

Federal Reserve showed it made a "close call" when it chose to hold off on hiking interest rates last month. At 10:26 a.m. EDT (1426 GMT), the Toronto Stock Exchange's S&P/TSX composite index was up 16.38 points, or 0.11 per cent, at 14,565.98.

Business

'Lethal Weapon' gets a full 18-episode season on FOX

The Plot: Combining action and drama with ride-or-die friendship and humor, Lethal Weapon reimagines the hit movie franchise, as it follows classic cop duo Riggs (Crawford) and Murtaugh (Wayans), who work a crime-ridden beat in modern-day Los Angeles.

Business

Level 3 Communications, Inc. (NYSE:LVLT) Analyst Review

Covering sell-side analysts have a current quarter earnings per share estimate of $1. Citigroup maintained Verizon Communications Inc . Investors interested in trading VZ stock at the current market price of $49.9/share should know the company will next release quarterly results for the September 2016 quarter.

Business

Trump Accuses Ryan of 'Sinister Plot' in Sign of Escalating Tensions

Byrne on Saturday said Trump "cannot defeat" Clinton and urged him to allow Pence to lead the GOP ticket. Ryan , still only 46, was his party's 2012 vice presidential candidate and many think he could run for the GOP presidential nomination in 2020 or beyond.

Business

Price Target Overview of Stillwater Mining Company (NYSE:SWC)

Dimensional Fund Advisors LP increased its stake in shares of Stillwater Mining by 32.2% in the second quarter. Washington Trust Bank now owns 23,467 shares of the company's stock valued at $120,000 after buying an additional 967 shares during the period.

Business

Mum's the word on surgical strikes

Earlier this week, the Pakistan Army after firmly denying Indian claims of surgical strikes took independent journalists to the LoC at Baghsir, 20 kilometers from Bhimber to show the situation on the ground. Senior BJP Leader and Union Minister Ravi Shankar Prasad has lambasted Delhi Chief Minister Arvind Kejriwal for his remarks on Surgical strikes carried out by Indian forces across the LoC.

Business

Rahul visits Jayalalithaa at hospital, says she is 'improving'

On 4 October, Apollo Hospital confirmed that a team of three experts from the All India Institute of Medical Sciences (AIIMS), Delhi, was flown down to Chennai to assist her further treatment. The party has also maintained that Jayalalithaa is continuously reviewing the situation and also held meetings with ministers in the hospital. Among the options being considered are handing over the charge of Jayalalithaa to the senior minister, AIDAMK is considering the senior cabinet ministers ...

Business

Walmart pulls back, slows United States store openings

The company has 150 fresh food managers working to train sales associates. Brief Synopsis On Wal-Mart Stores, Inc. Wal-Mart plans to incorporate some of Jet.com's technology that lowers prices in real time. Wal-Mart has already invested billions in online efforts, as well as higher wages for store workers - efforts executives have previously said will depress profits for years.

Business

Delta Exceeds Profit Estimates as It Slows Capacity Growth (1)

In the latest earnings report the EPS was $6.14 and is expected to be $5.70 for the current year with 758,000,000 shares outstanding. Credit Suisse Group AG reissued a "buy" rating and issued a $52.00 price target on shares of Delta Air Lines in a research note on Tuesday, September 13th.

Business

Warren Buffett Issues Response Following Trump's Remarks About His Taxes

Clinton's plan is a net tax increase , though many families would pay less. Clinton's proposal is very different from Republican candidate Donald Trump's child care plan, which would provide most of its benefits as a tax deduction. Broadly, Trump has said lower business tax rates would unleash economic and job growth in the United States. Middle-income households would receive a tax cut averaging about $1,000, or 1.8 percent of their after-tax income and low-income households would get a ...

Business

Unilever sales hit by sterling's plunge amid Tesco price row

The supplier has reportedly asked for price rises of 10 per cent on average on all its products. Now that battle could be about to be played out on supermarket shelves. It sells a wide range of goods including its personal care products such as Rexona deodorant, Sunsilk shampoos and Simple skin care goods, as well as many home cleaning items.

Business

Kate Middleton flies on a commercial plane for first solo outing

Greeted by children waving Dutch and British flags, Prince William's wife Kate visited The Hague's Mauritshuis museum, where an exhibition of paintings by 17th-century Dutch artists is on loan from the British Royal Collection . Rutger Engels, President and Chief Executive officer of the Trimbos Institute said: 'Still too often children are overlooked when one of their parents has a mental disorder or addiction problem.

Business

Stock View: Wal-Mart Stores, Inc

Wal-Mart Stores has a 52 week low of $56.30 and a 52 week high of $75.19. The firm launched coverage on WMT at Overweight. JPMorgan Chase & Co. set a $72.00 target price on shares of Wal-Mart Stores and gave the company a "neutral" rating in a research note on Monday.

Business

Hanjin Puts Asia-US Shipping Network Up For Sale

The breaking apart of Hanjin Shipping Co.is about to begin. It will receive letters of intent by 28 October. He declined to say whether any local or foreign companies had shown any interest in the assets. will be the first to assess Hanjin's 37 container vessels. In response to a request by Globerunners, Inc., a third-party logistics provider and non-vessel-operating common carrier, US Bankruptcy Court Judge John K.

Business

Oil Retreats From 12-Month High

Crude futures steadied with the market still digesting bearish OPEC data from which showed a further increase in oil output. "Growth (of oil demand) continues to slow, dropping from a five-year high in Q3 2015 to a four-year low in Q3 2016 due to vanishing OECD (Organisation for Economic Co-operation and Development) growth and a marked deceleration in China", the agency said.

Business

Kerry, Russian counterpart to discuss Syria on Saturday

New Zealand, one of the 10 non-permanent Security Council members, on Wednesday presented a draft resolution demanding an end to air attacks in Syria's battleground city of Aleppo. And French Foreign Minister Jean-Marc Ayrault held talks with Mr Lavrov and stressed the need "to achieve a halt to the bombing of Aleppo to allow access for humanitarian aid" and resume negotiations.

Business

Deutsche Bank said to introduce hiring freeze

The bank settled the case without admitting or denying the charges. It is the latest run-in that Germany's biggest bank is having with US authorities; it is now facing a penalty of $US14 billion from the US Department of Justice for its sale of mortgage-backed securities at the start of the GFC.


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