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Business

Stifel Nicolaus Indicates Potential -10.9% Decrease In Shares Of Headwaters Inc

Highbridge Capital Management LLC acquired a new stake in Headwaters during the third quarter valued at approximately $226,000. Headwaters Inc makes up approx 0.02% of Sg Americas Securities's portfolio.Arizona State Retirement System reduced its stake in HW by selling 100 shares or 0.26% in the most recent quarter.

Business

OPEC to debate oil output cut next week but Iraq, Iran hesitate

OPEC is trying to bring its 14 member and non-OPEC producer Russian Federation to agree on a coordinated cut to prop up the market by bringing production into line with consumption. The strong dollar, in which oil is denominated makes crude more expensive for holders of other currencies and thus can lower demand. Abadi's comments are the clearest indication so far that Baghdad will support an OPEC plan to cut production when it meets on November 30 in Vienna .

Business

Major Airlines: United Continental Holdings, Inc. (NYSE:UAL) Position of the day

United Continental Holdings Inc (NYSE:UAL)'s price to sales ratio for trailing twelve month stands at 0.61, whereas its price to book ratio for most recent quarter sits at 2.64. Agnico-Eagle Mines Limited is a Canadian-based gold producer with operations in Canada, Finland and Mexico, and exploration and development activities in Canada, Finland, Mexico and the U.S.

Business

Netflix's 'Gilmore Girls' revival is nearly everything fans wanted from it

Actors Alexis Bledel and Lauren Graham attend the premiere of Netflix's "Gilmore Girls: A Year In The Life" at the Regency Bruin Theatre on November 18, 2016 in Los Angeles , California. Or are they still like Rory, who will be struggling to find her way professionally despite being off to such a great start when the series ended nearly 10 years ago? But if you want to spend time with your family member who is ignoring you, go for it! Sherman-Palladino says what is great about writing for ...

Business

Government cancels raising ATM withdrawal limit to Rs 4000 a day

With regard to rural areas, he said the cash holding limit for 120,000 banking correspondents (BCs) has been increased to Rs.50,000 and banks have been given flexibility to increase this limit on case to case basis. The ATM limit has also been increased to 2,500 rupees, however it will be disbursed only by the re-calibrated ATMs. "Considering cash availability, (for) the business entity having current account for past three months, the limit has been increased to '50,000 per week to pay ...

Business

Savannah Resources Plc (SAV) Rating Reiterated by Beaufort Securities

The business also recently disclosed a dividend, which will be paid on Wednesday, January 4th. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. On Tuesday, November 17 the stock rating was maintained by Deutsche Bank with "Buy". Canaccord Genuity upgraded Premier Oil PLC (LON:PMO) rating on Wednesday, August 26.

Business

7 survival tips for Black Friday

The pre-Christmas sales bonanza - previously a 24-hour affair that has become the UK's biggest shopping day - has seen most major retailers start their Black Friday deals nearly two weeks early with deals on everything from electric toothbrushes to holidays overseas.

Business

Stock market nears record high after election

Markets had been jittery in recent weeks over the prospect of a Trump administration. Stock futures fell and bonds rallied as markets feared Donald Trump could pull off an upset and take the White House. Gold miner Randgold Resources rose 5% or 340p to 7,115p, while Antofagasta climbed 52.5p to 641.5p. However, the muted reaction on Wall Street to Trump's victory resulted in shares in Europe paring back big losses run up earlier in the trading day.

Business

The Black Friday 2016 Holiday Shopping Roundup

Not all stores will open their doors a day early on Thanksgiving. The good news this year is that the public is pushing back against shopping on Thanksgiving Day . Disney has many Black Friday 2016 online deals for people of all ages. Some repeat discounts will be deep, but given that some products are now another year older - and in the case of electronics and appliances, there may be newer models - shoppers might have expected retailers to up the ante with even lower prices.

Business

Obama says he may defend ideals if 'necessary'

Obama earlier used the final public event of his last foreign trip as commander in chief to offer some veiled advice to Trump, cautioning that "you shouldn't ignore the past, you should learn from it". Xi and Obama acknowledged "the uniquely consequential nature of U.S". He said that with the possible opposition of the incoming USA administration of Donald Trump to the TPP, the APEC economies – which include 12 of the countries participating in the TPP – should now focus on moving forward ...

Business

Deutsche Bank Downgrades Abercrombie & Fitch Co. (ANF), Lowers Price Target

Mizuho cut their price target on Abercrombie & Fitch Co. from $21.00 to $19.00 and set a neutral rating on the stock in a report on Thursday, August 25th. On Thursday, September 1 STAPLETON CRAIG R bought $176,500 worth of the stock or 10,000 shares. A year ago the company's sales were $1.11B. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink .

Business

Many Thanksgiving travelers hoping to leave politics behind

Tidwell, spokeswoman for AAA Mid-Atlantic. Avoid the holiday rush by flying out early or even on Thanksgiving morning. "Right now gas is so cheap in Texas and we're having great weather so we're expecting more cars than usual on the roads this Thanksgiving week", said Adele Lewis, Public Information Officer for the Texas Department of Transportation.

Business

Two Sigma Securities buys $1999211 stake in Sirius XM Holdings (SIRI)

According to First Call, the consensus price target for the company is $4.89. The 1 year EPS growth rate is -0.70. While looking at the Stock's Performance, Sirius XM Holdings Inc. After earnings, they may be busy sifting through the earnings report and updating future company projections. Sirius XM Holdings's dividend payout ratio is presently 30.77%.

Business

What We Know About Betsy DeVos' Views on Education

In this January 8, 2015 photo, South Carolina Gov. Nikki Haley along with her family, husband Michael, daughter Rena, and son Nalin sit for a portrait in the drawing room of the Governor's Mansion, in Columbia, S.C. This story will be updated. In a 2013 interview with the Philanthropy Roundtable , she said, "I'm most focused on educational choice". Lily Eskelsen García , president of the National Education Association, said that DeVos has "consistently pushed a corporate agenda to ...

Business

Markets Right Now: Dow, S&P 500 set records; Nasdaq slips

The main indexes closed mixed Wednesday, with the Dow and small caps reaching record highs. Caterpillar CAT.N rose 2.7 percent to $96.16, while the Dow transportation average rose .DJT 0.8 percent. American Express Co. led advances among financial shares as as the yield on 10-year Treasury notes surged. MAKING BANK: Higher bond yields are linked to higher interest rates, so the rising yields helped bank stocks turn higher.

Business

United Kingdom ambassador to U.S. meets May after Trump backs Farage for job

The New York Times reported Tuesday that during their meeting, Trump asked Farage to oppose the offshore wind farms that could obstruct the pristine views from one of his two Scottish golf courses, raising questions, as the Times puts it, about Trump's "willingness to use the power of the presidency to advance his business interests".

Business

6th child dies after Chattanooga bus crash

The bus had cameras, but they're so damaged, the NTSB can't download footage yet. The bus driver, Johnthony Walker , 24, has been arrested on charges including vehicular homicide, reckless driving and re. Chattanooga middle-schooler Armanie Bryant said: "They didn't get to live their lives". Durham School Services CEO David Duke said in a YouTube statement that the company, which runs the bus service, was cooperating with the federal and local investigations.

Business

Central Bank reduces deposit requirement for first time buyers

First-time buyers will now be required to provide a minimum deposit of 10 per cent of the value of the house they are seeking to buy. The Central Bank has announced a major change to its mortgage deposit rules for first time buyers. "Today's changes to the mortgage lending rules have torpedoed the government plan for a Help-to-Buy Scheme". In light of this, Sinn Féin's Pearse Doherty TD has called on the government to scrap the help-to-buy scheme because it would now "bring us dangerously ...

Business

Britain's economic growth forecast revised down as Brexit effect takes hold

The vote to leave the European Union "will change the course of Britain's history", Hammond told the House of Commons. He told MPs that the British economy had "confounded commentators at home and overseas with its strength and its resilience" since the Brexit referendum in June, however.

Business

Rupee crashes, nears August 2013 closing low against dollar

The last time the value of Nepali rupee had plunged to this level was on March 1, when the exchange rate stood at Rs 109.77. The Reserve Bank of India on Wednesday fixed the reference rate for the rupee at 68.47 against the United States dollar and at 72.7844 for the euro.

Business

Trump's cabinet picks: We've made 'a couple of deals'

Among his scheduled visitors: former Texas Gov. Rick Perry, who ran against him in the Republican primary, longtime ally Newt Gingrich, the former speaker of the House of Representatives, and Oklahoma Gov. Senator Jeff Sessions for attorney general, U.S. Representative Mike Pompeo as Central Intelligence Agency director, and retired Lieutenant General Michael Flynn as national security adviser.

Business

Trump chooses racial conciliator in United Nations pick Nikki Haley

Cutting across party-lines, Indian-Americans in the USA has hailed President-elect Donald Trump for nominating Nikki Haley as U.S. envoy to the United Nations. Haley's office did not return request for comment. When she gave the GOP response to President Obama's State of the Union address past year, Haley criticized the "angriest voices" within national politics and their "siren call" to voters, a line widely seen as a not-so-subtle shot at Trump's campaign.

Business

Rio Tinto launches $5 billion cost cutting drive

The group's shares have gained more than 35 percent over the past year, and are up by some 55 percent in the year-to-date. Besides selling Alcan, Rio Tinto is also aiming to have US$5 billion (A$6.8 billion) fresh cash flow over the next five years through a new productivity drive , The Australian reports.

Business

Crazy-Good Cyber Monday Sales You Can Shop in Your PJs

Store opens at 6 a.m. Friday. Now that Thanksgiving is only few hours away, the biggest question in everybody's mind is what time does Walmart open on Thanksgiving? That shift to online shopping has put more pressure on stores to offer deals good enough to bring people out into the cold.

Business

Online shoppers take the madness out of Black Friday

By looking at Walmart's Black Friday Ads , shoppers are beginning to think about the experience of going to Walmart store. In my continued search to save you time and money, the key to saving a lot of cash this Black Friday is knowing what retailers have planned for Cyber Monday .

Business

ABX pilot strike impacts DHL, Amazon shipments

The union will make a decision on how to proceed next week, she said. The ruling clears a major obstacle for Amazon heading into its first holiday shopping season since contracting with ATSG and another carrier to operate a fleet of cargo planes to shuttle inventory around the country.

Business

Autumn Statement 2016: At a glance

The OBR thinks the economy will grow by 1.4% in 2017 and 1.7% in 2018, down from the 2.2% and 2.1% respectively it pencilled in at the time of the March budget. The extra borrowing, worth US$152 billion or 143 billion euros, covers the period until early 2021, and covers direct and indirect costs of Brexit, explained the Office for Budget Responsibility (OBR).

Business

Brexit immigration cut will cost United Kingdom billions every year

Hammond said the Office for Budget Responsibility forecast growth of 1.4% in 2017, down from the previous figure of 2.2%. Mr Hammond blamed the slowdown on lower investment and weaker consumer demand "driven by greater uncertainty and higher inflation resulting from sterling depreciation".

Business

Many stores open Thanksgiving and 'Black Friday'

Black Friday is just around the corner, marking the start of the holiday shopping season. An estimated 137 million Americans, about 59 percent, are planning to or are considering shopping during Thanksgiving weekend, according to the National Retail Federation.

Business

Oil Rises as OPEC Delegate Says Everyone 'On Board' for a Deal

Abadi's comments are the clearest indication so far that Baghdad will support an Opec plan to cut production by 4-4.5 percent when it meets on November 30 in Vienna . Oil prices trended lower earlier in the morning but turned positive after the Energy Information Administration reported that United States crude stocks unexpectedly fell by 1.3 million barrels last week.

Business

Antero Resources Corporation (NYSE:AR), MetLife, Inc. (NYSE:MET)

Deutsche Bank issued rating on the stock of Antero Resources Corp (NYSE:AR) in a research note issued to investors on Nov-21-16, the stock received "Upgrade" rating from Hold to Buy from $27 to $30. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website . The institutional ownership stake in the corporation is 41.60% while the Beta value stands at 1.34.

Business

Rupee hits record low of 68.86; RBI intervenes

The rupee has fallen against the dollar since Donald Trump won the presidential election in the U.S. on November 9, 2016. from the 66.43 level then, it reached 68.8325 mark today. India is also still seeing outflows tied to the redemptions of dollar deposits, expected to total around US$28 billion, that were raised from Indians living overseas to help pull the rupee out its crisis three years ago.

Business

Demonetisation: Rs 21000 crore put in Jan Dhan bank accounts

Jan Dhan accounts, integral to the Modi government's plan for financial inclusion and direct benefit transfer, were meant to have a transformational role in the uplift of the underprivileged, but, ironically, demonetisation has made them a parking lot for black money.

Business

Court Blocks Federal Plan to Expand Overtime Rules

Currently, employees are automatically eligible for overtime unless they make more than $23,660 a year, but the rule would lift that to $47,476. Although a court order has put a temporary halt on some new overtime rules , businesses in New York State may still be impacted.

Business

Markets Right Now: Dow still at record, but S&P 500 slips

Industrial companies, including makers of aircraft and engines and other equipment, continued to rise. At 3.13pm ET (0713 Thursday AEDT), the Dow Jones Industrial Average was up 0.14 per cent at 19,051.05, easing from an all-time high of 19,074.51.


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