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Large Inflow of Money Detected in Walgreens Boots Alliance

The Company has received rating from WSJ analysts. In addition, Walgreens Boots Alliance is one of the world's largest purchasers of prescription drugs and many other health and wellbeing products. The firm's quarterly revenue was up 2.4% compared to the same quarter a year ago. Walgreens Boots Alliance, Inc .'s short ratio is at 2.34 and the float short is at 1.19%.

Business

Tesla Model S P100D revealed, 0-100km/h in 2.7 seconds

With a new 100kWh battery system which not only provides more power than the P90D predecessor, it's also able to provide a longer range. Tesla will begin selling the quickest-accelerating vehicle in production, the Model S P100D, CEO Elon Musk said in a conference call.

Business

Oil prices fall over 1% on rising Iraq output

The US dollar retreated from Monday's two-week high as investors looked ahead to jobs data this week that Federal Reserve Vice Chair Stanley Fischer has said will be important to whether the US central bank raises interest rates soon. When prices dropped to a 13-year low in February, four oil majors, including Saudi Arabia, floated the idea of a production freeze. Additionally, in a note to clients FXTM said that a potentially strengthening dollar, as USA rate hike speculations intensify, ...

Business

Snowden: Auction of stolen NSA malware likely political

How much you pay for enemies cyber weapons? In a series of tweets , noted NSA whistleblower Edward Snowden posited that Russian Federation was behind the breach. But the stolen hacking tools might be old, the company noted. Several cybersecurity firms told FedScoop they plan to release research reports in the coming weeks, which will analyze the incident in greater detail.

Business

Top US medical group blasts EpiPen's 'exorbitant' costs

Mylan N.V., which has headquarters in Hertfordshire, England, and Pittsburgh, has hiked prices as frequently as three times a year over the past nine years, pushing its list price for a package of two syringes to more than $600. The Food and Drug Administration is only authorized to review applications for new drugs for safety and effectiveness and doesn't have the authority to review or approve drug prices, said FDA spokeswoman Theresa Eisenman.

Business

Jet2.com to create nearly 1000 new jobs

A budget airline is creating 80 new jobs in Glasgow - ranging from engineers to cabin crew and pilots . Dozens of pilot , cabin crew and engineering jobs are up for grabs at East Midlands Airport. Jet2 is looking to invest in their next phase of growth and development following on from the launch of its eighth United Kingdom base in Birmingham and the acquisition of 30 new B737-800 aircraft.

Business

Naked Donald Trump could be yours! Statue up for auction

A portion of the auction profits will go to the National Immigration Forum, which campaigns for the rights of immigrants. The "Naked Trump" statue, created by members of the anarchist art collective INDECLINE, made its first public appearances in New York, San Francisco, Seattle, Cleveland and Los Angeles earlier this month.

Business

Urjit Patel: The man who kept inflation at check

Born on October 29, 1963, Patel got his doctorate in Economics from Yale University in 1990. He is known as an expert on inflation and has also been with the International Monetary Fund and the Boston Consulting Group . Meanwhile, the dollar drew positives early in the session on hopes that the US Federal Reserve might decide to hike rates. The government also revealed it is the first time that a "systematic approach and an objective mechanism" was put in place for the appointment of the ...

Business

Upcoming Earnings Report: Novavax, Inc. (NASDAQ:NVAX)

Rating Scale; where 1.0 rating means Strong Buy, 2.0 rating signify Buy, 3.0 recommendation reveals Hold, 4.0 rating score shows Sell and 5.0 displays Strong Sell signal. (NASDAQ:NVAX) to report earnings of about $-0.25 per share on $8.03M in revenue. The company earned $2.50 million during the quarter, compared to analysts' expectations of $8.03 million.

Business

Tesla officially green-lights Model S, Model X P100D

Tesla has raised the bar once again with the next phase of the Model S and Model X, introducing the P100D package. LaFerrari and Porsche 918 Spyder, the two cars faster than Tesla in that category, have clocked 2.4 seconds and 2.2 seconds respectively to cover the same distance.

Business

European Union demands Apple pays Ireland

When it opened the Apple investigation in 2014, the Commission told the Irish government that tax rulings it agreed in 1991 and 2007 with the iPhone maker amounted to state aid and might have broken European Union laws. Heather Conley, a former U.S. deputy assistant secretary of state for Europe, said the "shock" decision emphasised how Europe and the USA had descended into a "negative cycle" on trade and investment relations.

Business

Korean economy braces for US rate hike impact

Federal Reserve Chair Janet Yellen gave a much anticipated speech last week at Jackson Hole. France's CAC 40 lost 0.9 percent to 4,401, while Germany's DAX fell 0.7 percent to 10,513. The yield on the two-year notes, the most sensitive to the monetary policy outlook, climbed in August by the most since November as the odds of a rate increase this year jumped following Fed Chair Yellen's Aug.

Business

U.S. Index Futures Little Changed as Traders Await Yellen Speech

Treasury bonds as investors search for positive yields, despite abating concerns over the fallout from Brexit", Fleming said. The market's tepid reaction suggests that investors may have priced in the likelihood of an interest-rate increase, though few expect it to occur at the Fed's September meeting.

Business

Citigroup Maintains Harley-Davidson Inc to Buy with Price Target $62.00

The company reported the earnings of $1.55/Share in the last quarter where the estimated EPS by analysts was $1.54/share. Company latest quarter ended on 30 Jun 2016, company announced earnings of $0.39. Finally, Charter Trust Co. boosted its position in shares of Harley-Davidson by 35.0% in the second quarter. The stock as of last trading session moved 47.59% up from its 52 week low and was -7.99% behind its 52 week high.

Business

Over 300 reindeer killed in Norway lightning strike

Agency spokesman Kjartan Knutsen said it's not uncommon for reindeer or other wildlife to be killed by lightning strikes, "but we have not heard about such numbers before". So how exactly does a lightning strike kill 323 reindeer? "We don't know if it was one or more lighting strike; that would only be speculation", NNI spokesperson Knut Nylend told the media .

Business

Mondelez no longer pursuing merger with Hershey

We've maintained that assuming 3% cost synergies, an enterprise value/EBITDA multiple of 16-17 (north of the low to mid-teens multiples that tend to characterize deals in the space, but warranted, given the low levels of private-label penetration in the confectionery category combined with the attractive profitability Hershey generates) seemed reasonable, implying a price tag of almost $30 billion or $120 per share, about 15% above our valuation.

Business

Freak Lightning Storm Killed 323 Reindeer In Norway

Officials surmised that an extremely high discharge of electricity from the storm on Friday - and the interaction of the lightning with the earth and water - had electrocuted the animals. "The energy then spreads along the ground surface, and if you're anywhere near that lightning strike, you absorb it and get shocked", Jensenius said.

Business

Interactive Intelligence agrees to $1.4 billion sale

It will have ININ stockholders getting $60.50 per share in cash. The transaction has been unanimously approved by Interactive Intelligence's Board of Directors and Genesys' Operating Committee and is expected to close by the end of 2016 .

Business

Ghost HQ and Double Irish: Apple's tax deals

The company also stated that the European companies doing business in the USA are taxed according to the same principle, pleading for simplifying and clarifying the global tax rules . "Right now, Apple goes as the iPhone goes, and it's a much more mature market than it was two years ago", said Crawford del Prete, chief research officer with the International Data Corp.

Business

Australian Prime Minister Urges Public Vote on Gay Marriage

Labor, which wants a vote on the issue in parliament, has garnered enough support to block the plebiscite. Opposition leader Bill Shorten used the first meeting of Parliament since the election to announce that he would propose the bill on Wednesday.

Business

Pending US home sales strengthen in July

The uptick was nationwide, except for the Midwest, where pending sales dropped almost 3 percent in July. "There's little doubt there'd be more sales activity right now if there were more affordable listings on the market", Mr. Completed sales of homes fell 3.2 percent in July to a seasonally adjusted annual rate of 5.39 million, the Realtors reported last week. 2According to the U.S.

Business

Oreo-maker Mondelēz ends discussions of merger with Hershey

The Wall Street Journal published a similar report , which said Rosenfeld herself last week privately indicated to Hershey CEO J.P. Bilbrey that Mondelez would go up to $115 per share. Hershey HSY, +0.71% shares fell 11% to $98.93 in recent after-hours trading, while Mondelez MDLZ, -0.05% rose 3.6% to $44.60. But despite these merits, we weren't convinced that even a higher price tag would make Hershey amenable to an agreement.

Business

SWIFT Warns of Cyber Assaults as Multiple Networks Compromised

It did not identify specific victims but said the banks varied in size and geography and used different methods for accessing Swift. " Customers' environments have been compromised, and subsequent attempts (were) made to send fraudulent payment instructions ", according to a copy of the letter reviewed by Reuters .

Business

Tropical storm system could skirt Middle Georgia

Here's a breakdown of what storms are coming in the near future. Industry consultant Genscape calculates that about 190 MMcf/d of Gulf of Mexico production has been shut in due to the approaching tropical weather systems. The system, expected to reach tropical storm threshold tonight, is moving to the west-northwest at 7 miles per hour, the center said. Meteorologists across the state have been monitoring the system and pointed out that the some of the computer models seemed premature in the ...

Business

French interior minister says 'burkini ban' totally unconstitutional, ineffective

Mayors defying the ruling are backed by the former conservative president, Nicolas Sarkozy, and the Socialist prime minister, Manuel Valls, who has repeatedly condemned the burkini as a symbol of repression. He also criticised the opposition party for using the issue for political gain and stoking tensions during a time of religious unrest. It would be "unconstitutional" for France to pass a law banning the burkini and such a move could cause irreparable harm, Cazeneuve warned.

Business

Japan pledges $30bln for Africa, about 9mln to spur Kenya economy

Japanese Prime Minister Shinzo Abe told African leaders that his country will commit $30 billion in public and private support for infrastructure development, education and healthcare expansion in the continent. In 2015, China's total trade with Africa reached about $179 billion, compared to Japan's $24 billion. African countries firmly opposed the politicizing of the TICAD and discussing Asian problems in Africa, and they firmly opposed Japan's intention of imposing its own will on ...

Business

Tim Hortons to open in Great Britain

MA increased its position in shares of Restaurant Brands International by 82.4% in the fourth quarter. Emerging Sovereign Group LLC purchased a new position in shares of Restaurant Brands International during the fourth quarter worth about $30,334,000.

Business

China gives Canada reprieve in canola dispute by extending deadline

The multilateral institution, seen as a rival to the Western-dominated World Bank and Asian Development Bank, was initially opposed by the United States but attracted many U.S. Morneau said the bank has shown Canada that it will be a highly effective institution. And at the bank's first annual meeting in June, board members opened the group to new members.

Business

Urjit Patel named next RBI governor

The appointment is for a period of three years, following the recommendations of financial sector regulatory appointments search committee (FSRASC). Patel will be the first Governor to oversee interest rate decisions by a monetary policy committee (MPC), a six-member panel chaired by the RBI Governor to decide on interest rates.

Business

Oil surges on US weather fears, Opec speculation

At 2:58pm BST, the Brent front-month futures contract was up 0.57% or 28 cents to $49.54 per barrel, while the West Texas Intermediate was 0.81% or 38 cents higher at $47.36 per barrel as investors reduced short positions, i.e. "August's sharp oil-price rally which defied the fundamentals has already displayed signs of exhaustion, with the bad combination of oversupply fears and anxiety over demand waning ensures WTI remains depressed".

Business

Ryan Lochte, Rick Perry among latest 'Dancing with the Stars' contestants

Lochte , 32, was dropped by four of his major sponsors after admitting he "overexaggerated" a tale about being robbed and held at gunpoint with three other swimmers after a party during the Rio Olympics. Historically, athletes have done well on " Dancing with the Stars ", but its victors tend to be experts in executing a flawless tango that pairs demonstrable charisma with physical skill.

Business

Cisco Systems, Inc. (NASDAQ:CSCO) Analysts Recommendations and Insider Trading

For the past 5 years, the company's revenue has grown 5%, while the company's earnings per share has grown 52.5%. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website .

Business

France calls for end to EU-US trade talks

PARIS - Trade talks between the European Union and the U.S. should be halted and a new set started, France's trade minister said on Tuesday, adding his voice to calls from Germany for an end to the negotiations. They included Italy, whose trade and industry minister said it was essential for Italian exporters that the negotiations bore fruit. But the public mood is turning increasingly negative, with Republican presidential candidate Donald Trump making attacks on global trade deals a ...

Business

Strong case for rate hike - Yellen

Federal Reserve Chair Janet Yellen's speech earlier on Friday was consistent with expectations for possible interest rate hikes this year, Fed Vice Chair Stanley Fischer said, reinforcing the message that the USA economy has strengthened.

Business

Deutsche Bank, Commerzbank execs talked about potential merger

The boss of Deutsche Bank has said there should be more cross-border bank mergers in Europe, criticising what he called "scattered regionalism". Profits at financial institutions across Europe have been generally sinking. But he said at the conference that both the domestic and European banking sector needed to change. "We need a strategy for our financial sector". German banks have nearly exclusively focused on earning money from charging a margin on the difference between short-term ...


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