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Donald Trump picks Rex Tillerson to lead State Department

In a release from his transition headquarters in New York , Trump calls Tillerson's career "the embodiment of the American dream". Trump was set to announce Tillerson's nomination Tuesday morning. While the revolutionary gains from shale fracking have poised the U.S.to supply far more of its own energy, Tillerson has said it would be a mistake to step back.

Business

Pack is back: Aaron Rodgers, Green Bay rout Seahawks 38-10

Aaron Rodgers and Davante Adams were on the same wavelength on their opening 66-yard touchdown pass. Rodgers is playing at a remarkably high level. If Wilson goes, so do Seahawks , which was further reinforced Sunday. Nearly 3 1/2 months into this puzzling season, this much is as clear: When Seattle's offense is bad, it is really bad. The run defense remained steady-it ranks ninth in yards allowed-but it should be concerning that linebacker Clay Matthews, who is nursing a shoulder injury, ...

Business

Lockheed's F-35 Isn't Stealthy Enough To Avoid Trump's Latest Attack

The company's shares fell $6.42, or 2.5 percent , to close at $253.11 Monday. Richard Aboulafia, aviation analyst for the research firm Teal Group, said Trump's tweets about companies and programs are an appeal to his base. "We welcome the opportunity to address any questions the president-elect has about the program", he said Monday. While Trump had called for a cancellation of Boeing's Air Force One replacement deal, he didn't go that far with the F-35, instead shining a light on the ...

Business

Stay or go? Tribe gives conflicting messages to protest camp

The pipeline is sited to connect the Bakken shale oil fields in North Dakota to IL via a 1,172-mile route. The pipeline was created to carry crude oil from the Bakken and Three Forks-rapid production areas in North Dakota-to major refining networks in Central America.

Business

Venezuelan rush to unload bank notes before deadline

The 100-bolivar note has lost most of its value over the past few years and is now worth about 2 United States cents (£0.015). The largest denomination, 20,000 bolivars, will be worth about about $5. The biggest bill in Venezuela is the 100 bolivar note. "I have chose to take out of circulation notes of 100 bolivars in the next 72 hours", Maduro said.

Business

Southern loses court bid to halt series of strikes by train drivers

Drivers joined the picket lines Tuesday, ensuring that all of Southern's 2,242 weekday services were canceled. It is possible to say how many people are responsible: precisely 630 members of the Aslef drivers' union backed strike action in a ballot , protesting against a move to driver-only trains that will cost no jobs and have no impact on safety.

Business

Kanye West, David Bowie among notable GRAMMYs snubs

Sia is up for Best Pop Vocal Album (against Adele, Bieber , Ariana Grande and Demi Lovato). The Record of the Year nominees were: Adele (Hello); Beyonce ( Formation); Lukas Graham ( 7 Years); Rihanna featuring Drake ( Work); Twenty One Pilots ( Stressed Out ).

Business

Executions reported as Aleppo battle nears end

The turnaround in the government's fortunes has come through decisive support from its allies Iran and Russian Federation, which has waged a bombing campaign in support of Assad since September past year. Residents in remaining rebel-held territory told AFP they had no hope left. In the government-run sector, some 130 civilians, including 40 children, were killed by rebel shelling.

Business

Chinese yuan tumbles after President-elect Trump's tweets

Vice President-elect Mike Pence told NBC's " Meet the Press " that the call shouldn't necessarily be considered a shift in USA policy. Former U.S. Secretary of State Henry Kissinger, who was White House national security adviser when President Richard Nixon made his historic visit to China in 1972, told a forum in NY on U.S.

Business

Behind the scenes at FedEx on one of the busiest shipping days

Before the holiday season even started, both UPS and FedEx beefed up their seasonal staff and tried to prepare by extending some delivery windows, temporarily dropping delivery guarantees and refunds for some weeks, and stopped promising to deliver express packages by a certain time.

Business

S. Korean president faces possible last day in power

Although Park has said she would stay on as president to see the outcome of a impeachment proceedings at the Constitutional Court, lawmakers say they want to replace her immediately with the prime minister and have already started discussing the possibility of holding elections next year - more than a year before the regularly scheduled presidential election.

Business

Democrats unveil bill to probe Russia's role in alleged election hacks

USA lawmakers are pushing for a government probe into whether Russian Federation may have interfered with the presidential election by hacking high-profile political targets. And on Wednesday, when asked in an interview with Time magazine whether the intelligence was politicized, Trump answered: "I think so". "That became a laughing point, not a talking point, a laughing point".

Business

OPEC Production Jumped Before Global Deal on Cuts, IEA Says

USA crude oil +4.4% at $53.76/bbl and Brent +4.1% at $56.56, getting an extra jolt as Saudi Arabia indicates that it may be willing to take a deeper cut than the 486K-barrel cut it had agreed to in the November meeting. Front-month Brent Crude futures - the global benchmark price - have jumped by 4.82%, sitting at $US56.95 per barrel. "But at the back of our minds, we are confident that this was not (the) real production level, however, we hope this would be compensated with the ...

Business

IS says it shot down Syrian jet near Palmyra

Intense fighting on the city's outskirts Saturday afternoon forced the withdrawal of hundreds of Syrian troops and Shiite militias, according to the Palmyra Coordination Committee. The Britain-based Syrian Observatory for Human Rights said a government jet crashed in the Jazal area. The Observatory said Friday that the IS assault near Palmyra has killed at least 49 pro-government forces.

Business

New notes worth Rs 93 crore unearthed in Bengaluru raid by ED

Officials from Enforcement Directorate posed as clients to bust a major black money conversion racket largely in Karnataka. According to reports, all the 7 middlemen have been arrested and further investigation in the case is underway. "The said accused had supplied new currencies on many earlier occasions to Jayachandra through Prasanth and they fell into trap while making one such effort to supply new currency on December 4".

Business

Case Against Officer Who Shot And Killed Walter Scott Ends In Mistrial

There were no outbursts in the courtroom, and Slager's lawyer Andy Savage did not comment. The family of Walter Scott says despite jurors' inability to reach a unanimous verdict in the trial of the man who killed their son, they remain confident that justice will be done.

Business

New safe-injection site bill expected from Liberals

While Justice Minster and Solicitor General Kathleen Ganley says the increased authority for Canada Border Services Agency will help stem the tide of illegal drugs being shipped into Alberta, making it harder for organized crime to distribute large quanities of fentanyl and other opioids.

Business

Trump comments of 'serious concern': China

If Trump undermined the One-China principle and supported Taiwan "wantonly" by ramping up weapons sales, China would offer support or "even military assistance to USA foes", the paper said, according to Taiwan news . On Sunday, he told Fox News Sunday that he would not feel "bound by a one-China policy unless we make a deal with China having to do with other things, including trade".

Business

Non-OPEC oil producers to cut output 558000 barrels a day

January crude oil contracts were at US$53.63 per barrel as North American stock markets opened - up $2.13 from late Friday. "For the most part the market is kind of consolidating", said Ric Navy, senior vice president for energy futures at RJ O'Brien & Associates.

Business

Carpetright profit slumps on uneven demand, sterling depreciation

The shares fell 15p to 184.8p. The group said it had seen a promising start to the second half with United Kingdom like-for-like sales up 2.6% in the six weeks to 10 December and its business in Europe also seeing an upturn. Analysts at Shore Capital said: "Today's results highlight that Carpetright is very much a work in progress and that patience will be required as management drives change through the core estate".

Business

Rs 33 lakh cash in 2000 rupee notes seized; 5 held

Rajasthan Police on Monday recovered at least Rs 64 lakh cash from Jaipur. The duo and the money seized were handed over to the income tax authorities. "Police have also seized Rs 28 lakh from their possession", Gupta said, adding the other accused, both policeman, are absconding. "Based on the intelligence input, Vaishali Nagar SHO Bhopal Singh carried out a search operation under Khatipura flyover and a suspicious SUV with Haryana number was spotted", Ratan Singh said.

Business

Analysts showing optimistic trends for: Delta Air Lines, Inc. (NYSE:DAL)

The correct version of this piece of content can be accessed at https://www.thecerbatgem.com/2016/12/13/ameriprise-financial-inc-sells-3027360-shares-of-delta-air-lines-inc-dal.html. The ex-dividend date was Tuesday, November 8th. This represents a $0.81 annualized dividend and a dividend yield of 1.62%. If you are accessing this report on another publication, it was copied illegally and reposted in violation of US & worldwide copyright & trademark law.

Business

Revenue Estimates Analysis of: Newell Brands Inc. (NYSE:NWL)

The mean price target is calculated keeping in view the consensus of 14 analysts. During last 5 trades the stock sticks nearly -0.33%. The company has a 50 day moving average price of $47.78 and a 200-day moving average price of $50.12. Newell Brands Inc (NYSE: NWL ) shares moved to $45.53 after starting the day at $45.16, on Friday. 15 of the brokerages firms have a buy or better rating; the 0 sells versus 0 underperforms.

Business

Rs 12.44 trillion has been collected at banks till date

It wiped out 86 per cent of the money in circulation. The deposit data available now, however, suggests that a large part of invalidated currency has returned to the banking system. RBI has printed 1.8 bn notes of Rs 2,000 and Rs 500. The RBI deputy governor urged the public to use their paper currency instead of hoarding it. But Modi says it was necessary to crack down on India's shadow economy, although Indians have resorted to ingenious ways to try to deposit their undeclared assets, ...

Business

Monsanto shareholders approve Bayer's $57 billion takeover

Almost 99 per cent of Monsanto shareholders who voted on the deal supported the transaction, Monsanto said. The chief executive of US seed giant Monsanto Co. Bayer is based in Leverkusen, Germany, and Monsanto's headquarters are in St. Louis. "If you are a farmer, consumer, or any of the pollinators critical to our nation's food supply-such as the bees and monarch butterflies facing massive new threats from pesticides in recent years-this big business merger could be very bad news", she ...

Business

China's billionare warns Trump curbs could cost thousands of jobs

Any move to curb investment by Chinese companies in the USA after Donald Trump is sworn in as president could put at risk the jobs of 20,000 Americans employed by Dalian Wanda Group Co., Chairman Wang Jianlin has warned. He was responding to a question about United States lawmakers' increasing scrutiny of Chinese acquisitions of American entertainment assets. The Chinese conglomerate also owns movie studio Legendary Entertainment LLC and has agreed to buy Golden Globe Awards producer Dick ...

Business

Dow, S&P 500, Nasdaq all close at new records again

All 11 primary groups in the S&P 500 Index advanced. The S&P 500 added 0.4 percent at 2,265.03 at 9:35 a.m.in NY. The Nasdaq is up 405.13 points, or 8.1 percent. The energy sector was the leading sector on Monday, with the Vanguard Energy ETF (VDE) up 0.38%. The central bank has held interest rates at close to zero since the Great Recession in hopes of driving economic growth, though the low rates have also squeezed savers looking for income from bank accounts and bonds.

Business

Peregrine Pharmaceuticals Inc. (PPHM) Posts Earnings Results

The Company Touched its 52-Week High on April 7, 2016 and 52-Week Low on Sep 12, 2016. Average Revenue Estimate of the company for the current Fiscal Quarter is $3.5 Million, according to consensus of 2 analysts. That means the share price went down -5.60% from its 52-week low and trades up 42.81% versus the highest price the stock has traded at during the previous year.

Business

Uttar Pradesh: Cabinet approves 7th Pay Commission's recommendations ahead of Assembly polls

The UP CM also said that the decision is in favour of the people. Yadav, while speaking to CNN-News18, claimed that the pay hike is a people friendly move and will help more than 24 lakh employees. As per the recommendations, the entry-level minimum salary (VI class employees) would become Rs 18,000 while the maximum for Chief Secretary would stand at Rs 2.25 lakh.

Business

The Growth Forecast For JetBlue Airways Corporation (NASDAQ:JBLU)

According to 3 analysts, the Average Revenue Estimate for the current Fiscal quarter is $1.23 Billion and the Low Revenue estimate is $1.07 Billion, while the High Revenue estimate is $1.35 Billion. The stock's current distance from 20-Day Simple Moving Average (SMA20) is 6.24% where SMA50 and SMA200 are 15.91% and 18.54% respectively. The stock has earnings growth of N\A yoy and showed a high EPS growth of 43.80% over the past five years.

Business

Next Weeks Broker Price Targets For Procter & Gamble Company (The) (NYSE:PG)

During the last six months the stock climbed 3.78%. While looking at the Stock's Performance, The Procter & Gamble Company now shows a Weekly Performance of 2.39%, where Monthly Performance is -1.82%, Quarterly performance is -3.66%, 6 Months performance is 3.78% and yearly performance percentage is 12.02%.

Business

Corruption, scams peaked during Congress regime: Arun Jaitley

Therefore, the future taxation level would be much higher than what is now being collected. He pointed out that between 2004 and 2014, high denomination currencies increased from a mere 36 per cent to over 80 per cent. Demonetisation, he said, is part of the system overhaul by the NDA government. Jaitley said it has come to the notice of the government that some unscrupulous people, including some in the banking system and others, have been trying to subvert the system once again and have ...

Business

Winnipeg Tops List In National Health Ranking

Montreal landed at the bottom of the list with a D grade, "performing so poorly in all categories that its final ranking is set apart from the other metro areas", the report says. Among the ten Canadian cities examined, Toronto had the lowest rate of cancer, and the lowest percentage of adults diagnosed with chronic pulmonary disease.

Business

Boeing to lower 777 rate to five monthly in August 2017

Boeing's quarterly payout to shareholders was increased to $1.42 a share, up 33 cents a share from $1.09 a share previously, to yield 3.6%. The company has consistently paid a dividend to shareholders for more than 75 years and has raised the quarterly payment about 190 percent over the past four years.

Business

Cuisinart food processor blades recalled

Conair is replacing 8 million blades used in Cuisinart food processors, after 30 people reported mouth lacerations or tooth injuries after eating food that had fragments of metal caused by cracking in the blades. The blades have four rivets and are silver-colored stainless steel and have a beige plastic center hub. Conair, which owns Cuisinart, says the blade can crack over time.


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