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China and Malaysia sign agreement on navy vessels

The engineering, procurement, construction and commissioning agreement was signed between Malaysia Rail Link Sdn Bhd, CCCC and China Communications Construction Co (M) Sdn Bhd, as Najib and his counterpart Li Keqiang bore witness at the Great Hall of the People in Beijing , following a bilateral meeting between both countries' delegations.

Business

Dead, 18 Trapped After China Coal Mine Blast

Two of the 35 miners underground at the time managed to escape, according to a statement posted to the Chongqing press office's official Weibo social media page. She received injuries to her face and back. Ventilation systems are supposed to prevent gas from becoming trapped. The police are looking into possible misconduct by the mine's management team, said district government head Luo Qingquan.

Business

Tesla's New Solar Roof Shingles Remind Us of Its Future in Energy

In June, Tesla Motors and SolarCity Corp proposed a merger that Tesla says will expand the attractiveness of its vehicle sales by - together with a large battery factory it is building - creating a solution for auto owners wanting a home solar system that supports both their auto and household energy needs.

Business

Qualcomm to swallow NXP in mega merger

The only tech acquisition bigger than this was Dell's takeover of EMC a year ago, according to Dealogic. During an interview, Mollenkopf revealed Qualcomm's reasoning behind the deal, saying: "It's no secret that we've been looking around".

Business

Delayed EU-Canada free trade deal signed

The EU on Sunday held a summit to sign-off the Canada pact which had been held up by objections from the Walloon regional government in Belgium. European Council president Donald Tusk said the deal heralded a "new chapter" in relations between the EU and Canada, which he said could open new opportunities for "more than half a billion people on both sides of the Atlantic".

Business

Stock's Ratings to Focus: Express Scripts Holding Company (NASDAQ:ESRX)

Several other hedge funds have also recently modified their holdings of ESRX. Rafferty Asset Management LLC now owns 11,211 shares of the company's stock worth $770,000 after buying an additional 1,181 shares during the last quarter. Zacks Investment Research lowered shares of Express Scripts Holding from a buy rating to a hold rating in a report on Tuesday, July 19th. Leerink Swann reiterated a "market perform" rating and set a $80.00 price objective on shares of Express Scripts Holding in a ...

Business

Scott Selber buys $3231698 stake in Newell Rubbermaid (NWL)

The Company now has ROA (Return on Assets) of 6.1 percent, Return on Equity (ROE) of 31.4 Percent and Return on Investment (ROI) of 13.4% with Gross margin of 22.6 percent and Operating & Profit margin of 3.2% and 1.8% respectively. The stock has a 50 day moving average price of $51.54 and a 200 day moving average price of $49.93. Also, President Mark Tarchetti purchased 12,436 shares of the business's stock in a transaction dated Monday, October 31st.

Business

Legal cannabis could be federal cash cow, Parliamentary Budget Officer says

The 77-page report finds that the federal government may have little fiscal space to heavily tax cannabis the way it does tobacco without pushing the legal price well beyond that of now illicit pot. In the first three years, it expects the number of cannabis users aged 15 and over to grow by more than half a million, rising to an estimated 5.2 million in 2021.

Business

Strike by Philadelphia transit workers enters 2nd day

SEPTA's regional train service is still operating and its workers are not on strike. Talks are expected to resume later Wednesday morning. Union spokesman Jamie Horwitz said the union was working to protect free speech "while still allowing unfettered access to SEPTA facilities and preventing any form of interference".

Business

One Nation senator faces High Court

The Coalition needs nine votes to pass bills and has been heavily relying on Mr Day, who resigned on Tuesday to deal with his housing business collapse, and One Nation's four senators to do so since the July election. Senator Day's Home Australia group of companies has been placed into liquidation, halting construction on 207 new homes in SA, Western Australia, Queensland, Victoria and NSW.

Business

Hillary Clinton Says Open To Having Michelle Obama In Cabinet

If you're happy that gay marriage is legal and that the White House has prioritized protecting the civil rights of marginalized groups, you should vote for Hillary Clinton. Many of Obama's initiatives as president - including his work on climate change, immigration and the Iran nuclear deal - are the work of executive actions, as NPR's Scott Horsley reported .

Business

Manufacturing PMI at 22-month high

The ISM is a trade group of purchasing managers. October's PMI reading rose to 51.9. Manufacturers' output and new orders continued to improve as demand picked up following decreases recorded in July. "We continue to expect manufactures to struggle to capitalise on the weak pound in the near term, given the usual delays involved in finding new business, renegotiating contracts and investing in extra capacity", Pantheon Macroeconomics's Samuel Tombs said.

Business

Memorial Production Partners LP 58.7% Potential Upside Now Implied by FBR & Co

The company had a trading volume of 1,097,009 shares. 5 number of analysts have estimated the sales of the company for the quarter ending Nov 2, 2016- Nov 7, 2016, analysts estimated mean sale target of 116.7 million while high and low sale targets are estimated at 132.8 million and 83.85 million respectively.

Business

5 awesome new Roku features in today's update

In a blog post, Chas Smith, SVP and general manager Roku TV & Players, notes that the release of Roku OS 7 .5, the latest version of its operating system to Roku streaming players and Roku TVs, includes "some exciting new features that we know Roku TV users will love including Live TV Pause and mobile private listening".

Business

Exxon Mobil Q3 profit plunges 38pc to $2.6bn

Finally, Outfitter Advisors LTD. boosted its position in shares of Exxon Mobil Corp.by 0.4% in the third quarter. The Stock has a 52-Week High of $95.55 and 52-Week Low of $71.55 following the dates, it touched its 52-Week High on Jul 15, 2016 and 52-Week Low on Jan 20, 2016.

Business

Past Quarters Surprise Report for Emerson Electric Co. (NYSE:EMR)

Analyst recommendations and estimates are for informational purposes only and should be used along with a number of other factors when considering an investment position. For the reporting quarter, equity analysts expect the stock to deliver $0.9 in earnings per share (EPS). The business earned $3.93 billion during the quarter, compared to analysts' expectations of $5.51 billion.

Business

May expects 'difficult moments' in Brexit negotiations

Mrs May said she wanted to see the completion of the EU's Comprehensive Economic and Trade Agreement (CETA) free trade deal with Canada , which is now being held up by opposition in the Walloon regional parliament in Belgium. "I have said so very firmly: Mrs. Theresa May wants a hard Brexit?" Downing Street had privately hoped European Union leaders may be open to informal talks so that both sides can get an idea of the sort of deal they hope to strike before the two-year ' Article 50 ' ...

Business

Cubs jump on Tomlin to take 3-0 lead in Game 6

This brings fans to Game 7 of the World Series. The NL champions, who also got a two-run homer from Anthony Rizzo, are trying to become the seventh team to rally from 3-1 deficit and first to do in on the road since Willie Stargell and the Pittsburgh Pirates came back against Baltimore in 1979.

Business

Tesla Plans To Sell Solar Roof Tiles

It's a sleek and sexy box that can store 14kWh of energy and provide 5kW of continuous draw - more than enough to meet the needs of most residential customers. Some remained critical of the merger between Tesla and SolarCity - particularly given the latter's high debt levels and Musk's involvement in both companies - but Tesla's surprising third quarter profit could allay some shareholder fears about the deal, analysts said last week.

Business

US Justice Department to prioritize email probe

Even a supporter of the Republican candidate Donald Trump, the former Congressman Joe Walsh of IL, considered unfair to Clinton that such news about the reopening of the investigation, which has been closed since July, was released now.

Business

New poll gives Trump 7-point lead in North Carolina

The poll included 943 likely voters nationwide, and was conducted from October 27 through October 28. The fact that no candidate lost points means that Independent voters are starting to settle on their candidate, and for 5.7 percent of voters, that candidate is Donald Trump.

Business

Tesla says SolarCity could provide $1b in revenue next year

Tesla, however, has unveiled its new textured quartz glass tiles which replace the traditional asphalt shingles used in homes. Tesla now has around $3 billion in cash. Musk did not provide specific pricing details on the roof itself, simply saying it will "have an installed cost that is less than a normal roof plus the cost of electricity".

Business

Open enrollment for Idaho health exchange starts November 1

Vermonters who need health insurance can buy products through the state's health care exchange through January 31. Lee was the featured speaker at this year's 16th Annual Marshall J. The twisted math could bring a roller-coaster ride of numbers for numerous 67,000 people in Ventura, Santa Barbara and San Luis Obispo counties covered through the health insurance marketplace created by the Affordable Care Act.

Business

Research Ratings: Southern Company (NYSE:SO), Schlumberger Limited (NYSE:SLB)

On Tuesday, August 2nd, Stephane Biguet sold 4,227 shares of Schlumberger NV stock. The shares were sold at an average price of $81.19, for a total transaction of $1,104,184.00. According to Zacks Investment Research , "Schlumberger Limited is a global technology services company consisting of two business segments, Schlumberger Oilfield Services and SchlumbergerSema".

Business

Not allowed to meet defence min, ex-serviceman 'kills self' over OROP issue

Ram Kishan Garehwal, an ex-armyman who was among the many protesting at Jantar Mantar for the implementation of OROP, committed suicide after calling his son on the phone. In his petition to Mr Parrikar, Subedar Grewal complained that he had still not received the increased pension promised to him by the government under the OROP scheme it implemented past year.

Business

Post-Diwali, air quality improves slightly in Delhi

Talks are on with GAIL on obtaining methane gas and covering of landfills with inert material and alum sludge from water treatment plants of Delhi Jal Board (DJB). Fireworks pushed pollution in the city to a risky level, the worst in three years, with Particulate Matter (PM 10 specifically) going up nine times the permissible limit of 100 ug/m3 on Sunday.

Business

Elon Musk Unveils a Reimagined Solar Roof

Mr Musk was speaking after the auto maker released further details about the deal, including estimates that SolarCity could add $1bn of extra revenue to Tesla next year. Musk said the first automotive application of Tesla's glass skunkworks will be deployed in the Model 3, which featured a large panorama glass roof in its April reveal.

Business

GE to merge oil and gas business with Baker Hughes

The transaction is expected to close in mid-2017, the company said. The new company's board would be composed of five directors appointed by GE and four appointed by Baker Hughes . Baker Hughes CEO Martin Craighead will serve as vice chairman. It still requires a nod from Baker Hughes shareholders, as well as regulators. Summary: General Electric is merging their oil and gas business with Baker Hughes Inc to make a stronger, more comprehensive oil and gas company.

Business

White House refuses to defend or criticise Federal Bureau of Investigation director over Clinton e-mails

In a two-way race it is Clinton 50.5% - Trump 42% with 6% undecided. She told campaign officials the details of one of the questions Clinton was asked at the event about the city's tainted water crisis. If that is true press 1, false press 2, if you're not sure press 3. Comey said investigators found emails that may be germane to their earlier probe into emails sent and received by Hillary Clinton when she was secretary of state.

Business

'Everyday devices used in hacking attack'

A DDoS attack, also known as a Distributed Denial of Service, is when hackers flood a website with so much traffic that it interrupts normal service, and in some cases, shuts down web servers. DDoS attacks are common, but there is evidence that they are becoming more powerful, more sophisticated and increasingly aimed at core internet infrastructure providers.

Business

Toxic Tories "bullied" the Bank of England governor, shadow Cabinet minister says

Some investors agreed with criticism from Conservative party politicians, such as the pro-Brexit Jacob Rees-Mogg, who said that Mr Carney had compromised the bank's independence - which it was granted in 1997 - by warning of the economic risks of Brexit.

Business

Smith & Nephew plc (SN) Given Neutral Rating at Credit Suisse Group AG

Ergomed PLC (LON:ERGO)'s stock had its "buy" rating reaffirmed by analysts at Stifel Nicolaus in a report released on Tuesday. Liberum Capital started coverage on shares of GVC Holdings PLC in a research note on Wednesday, August 3rd. The stock's market capitalization is 434.91M. Great Portland Estates PLC has a one year low of GBX 534.50 and a one year high of GBX 890.50. This story is the sole property of American Banking News and it was originally published by American Banking News.

Business

US Bancorp (NYSE: USB) - Analysis of a Large Market Cap Stock

Its down 0.18, from 1.23 in 2016Q1. That is compared with the $0.79 in earnings per share it reported during the same period a year ago. Arbiter Prtnrs Cap Management Lc owns 12,314 shares or 0.03% of their United States portfolio. U.S. Bancorp (NYSE:USB) has risen 10.52% since March 29, 2016 and is uptrending. It has outperformed by 6.94% the S&P500. Premier Financial Bancorp, Inc.is a multi-bank holding company.

Business

Baker Hughes' Next CEO will bring digital age to oil fields

GE and Baker Hughes first started talking earlier this year to see how they could offer a joint technology package that marries GE's digital prediction operating system with the oil service company's equipment. GE's combining its Oil & Gas assets with BHI is expected to create a complementary technology platform, a wider product offering, and cost optimization benefits.

Business

NYTIMES: Black Voter Turnout Crashes in Battleground States, Hurting Hillary Clinton

But most states do count the votes of the recently deceased, according to the bi-partisan National Conference of State Legislatures (NCSL), an NGO that tracks USA state election laws. As encouraging as it may be for so many people to get newly involved in the democratic process, there is one troubling statistic as far as Lee is concerned: the young adult vote.


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