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Cuba wants to pay off $270 million debt in rum

While Prague was open to the idea of the trade, Mr Zurovic said it would still prefer the debt was a least partly paid in cash. Cuba wants to pay off its Soviet-era debt in rum. Havana said if rum wouldn't completely cover the debt it was more than happy to offer the European country a wide range of pharmaceutical drugs. It defaulted on much of it in the 1980s.

Business

No one calls me a superstar: Aamir Khan

Aamir is known for doing unconventional movies and has always stood up to the expectations of his fans. "I am like the "tadka in the dal", he added. With the teaser, Aamir has lifted the curtain from the first look. Aamir said that it was a deliberate ploy to release the teaser of Secret Superstar eight months before its release as people often complained that he (Aamir) is seen on screen only once in two years.

Business

Thousands of Greek pensioners protest income cuts

Merkel said they would discuss the bailout program but "this isn't the place where decisions will be made". "I believe that we can have a breakthrough without blackmail and with respect of the sovereignty of each country", said the leftist leader, who fought with his European peers to within an inch of taking Greece out of the euro a year ago, as he arrived for an EU summit in Brussels.

Business

Analysts Estimates and Ratings: Annaly Capital Management, Inc. (NYSE:NLY)

Annaly Capital Management, Inc . owns, manages, and finances a portfolio of real estate related investment securities, including mortgage pass-through certificates, collateralized mortgage obligations (or CMOs) and agency callable debentures.

Business

Sensex Ends Down, Logs Biggest Weekly Fall In A Month

In Asia, Hong Kong's Hang Seng index closed 0.18 per cent down at 22,020 while Shanghai Composite and Japan's Nikkei index settled 0.17 per cent and 0.66 per cent higher at 3,122 and 19,401, respectively. Meanwhile, foreign funds sold shares worth Rs 611.97 crore yesterday, as per the provisional data. Major Sensex losers were: Bharti Airtel, down 2.67 per cent at Rs 309.95; ONGC, down 2.30 per cent at Rs 201.70; ICICI Bank, down 1.82 per cent at Rs 255.60; Adani Ports, down 1.56 per cent at ...

Business

No one hurt after e-cigarette sparks fire on American flight

The airline was sending a replacement plane to Little Rock to fly the passengers to Indianapolis. DOT investigators believed the National Weather Service warning allowed American Airlines ample time to prevent the tarmac delays that affected some 860 passengers at the Charlotte International Airport.

Business

Swiss pharma company pays $5.5 bn for US capsule maker

It was not immediately known what affect the transaction would have on Capsugel's global employment base. Lonza Chief Executive Officer Richard Ridinger said Capsugel's drug delivery products complemented his company's experience in pharmaceutical ingredients and contract manufacturing of active compounds.

Business

The Relx PLC's (REL) "Hold" Rating Reaffirm at the Deutsche Bank AG

Goldman Sachs Group Inc. restated a "neutral" rating and issued a GBX 1,383 ($17.13) price objective on shares of Relx PLC in a research report on Tuesday, July 19th. In other SThree Plc news, insider Justin Hughes sold 21,000 shares of the business's stock in a transaction that occurred on Wednesday, November 30th.

Business

Stocks Movement Analysis: Groupon, Inc. (NASDAQ:GRPN), Marathon Oil Corporation (NYSE:MRO)

On 5/16/2013 Michael K Stewart, Insider, sold 2,221 with an average share price of $35.34 per share and the total transaction amounting to $78,490.14. Sprott Incorporated has 10,932 shares for 0.01% of their United States portfolio. Capital One Natl Association last reported 0.02% of its portfolio in the stock.

Business

USA challenges China's grain import quotas at WTO

The MOC official said the tariff rate quotas of agricultural products were clearly acknowledged in China's agreement to the terms when it joined the WTO, and the tariff rate quotas of wheat, grain and corn were in line with China's commitment.

Business

First US Offshore Wind Farm Powers Up

It will safeguard 70 high-skilled jobs in Campbeltown, Scotland and potentially create many more. Furthermore, if East Coast states go big on offshore wind as part of a comprehensive plan that ramps up energy efficiency and other renewables, they can avoid costly investments in fossil fuel infrastructure that will lock in pollution for decades.

Business

Navy assists the routine work of the Port of Hambantota Featured

The Navy has been instructed to open a Navy camp near the Hambantota port, Prime Minister Ranil Wickremesinghe said today. The incident happened on December 10 at the southern port of Hambantota during a strike by port workers demanding job security.

Business

Southern Railway talks 'end without agreement'

General Secretary of the train drivers' union Aslef, Mick Whelan, said safety remained the sticking point. Nick Brown, chief operating officer of Southern's owners Govia Thameslink Railway, said: "We're deeply disappointed, as our passengers will be, that Aslef has been unable to accept our proposals and we can not find a way forward to end this dispute with the drivers' union at this stage".

Business

Trade deficit expands to $13 bn in November

Higher imports drove up merchandise trade deficit to billion in November. Oil imports during April-November 2016-17 were valued at $53.28 billion, which was 13.51 per cent lower than the oil imports of $61.60 billion in the corresponding period past year.

Business

US Fed adopts bank rule to prevent government bailouts

The measure also requires a minimum amount of "total-loss absorbing capacity" and limits parent companies of globally important USA banks from issuing short-term debt to external investors and using derivatives and certain types of contracts with external entities.

Business

Daily Ratings & News for Cognizant Technology Solutions Corp

CTSH has been the topic of several recent research reports. A number of other institutional investors also recently modified their holdings of the company. If you are reading this article on another website, it was illegally stolen and reposted in violation of United States & global copyright & trademark laws.

Business

Vetr Inc. Lowers Frontier Communications Corp. (FTR) to Hold

The institutional investor owned 2,495,716 shares of the company's stock after buying an additional 232,660 shares during the period. Frontier Communications Corporation (NASDAQ:FTR) shares now have a mean rating of 2.40 while 5 analysts have recommended the shares as "BUY", 3 commented as "OUTPERFORM" and 7 commented as "HOLD".

Business

Japan largest holder of USA debt

Japan surpassed China in October as the largest foreign owner of USA government bonds for the first time in almost two years, reflecting continued sales of Treasury securities by the world's most populous nation. Japan's holdings eclipsed China's for just one month in February 2015, the first time since the 2008-2009 global financial crisis. China's foreign exchange reserves, still the world's largest, have fallen by $942 billion from a peak hit in June 2014, to a six-year low of $3.052 ...

Business

Brokers Offer Predictions for PPG Industries Inc.'s FY2016 Earnings (PPG)

Several institutional investors have recently made changes to their positions in PPG. United States of America based company, PPG Industries, Inc.'s (PPG)'s latest closing price was -6.06% from the average-price of 200 days while it maintained a distance from the 50 Day Moving Average at 1.96% and 0.16% compared with the 20 Day Moving Average.

Business

Confectioners: Mondelez International, Inc. (NASDAQ:MDLZ) Position of the day

The stock's current distance from 20-Day Simple Moving Average (SMA20) is 1.41% where SMA50 and SMA200 are 0.28% and -0.3% respectively. Mondelez International has a 1-year low of $35.88 and a 1-year high of $46.40. The Kroger Co. (KR) continued its upward trend with the stock climbing 0.87% or $0.3 to close the day at $34.72 on light trading volume of 10.18M shares, compared to its three month average trading volume of 10.54M.

Business

Revenue Estimates Analysis of: SL Green Realty Corp. (NYSE:SLG)

PNC Financial Services Group Inc. now owns 2,777 shares of the real estate investment trust's stock valued at $184,000 after buying an additional 371 shares during the last quarter. Several equities analysts recently issued reports on the stock. They now have a United States dollars 79 price target on the stock. Finally, Robert W.

Business

Girl allegedly raped in Delhi, accused arrested

According to ANI reports, Police said that the victim was offered a lift by the cab driver, who then allegedly raped her in his auto. A young woman was allegedly raped inside a vehicle in Delhi's Moti Bagh area on Thursday night. The incident took place around 9 pm last night. She managed to reach her home and informed her parents who approached the police. The PCR van took the victim to the police station and a medical check up was conducted.

Business

Jepsen leads 20-state effort attacking drug maker conspiracy

The investigation, at the state and federal levels, has left a cloud of uncertainty over the industry, which has also been subject to a barrage of public criticism about its pricing methods. He noted that the lawsuit was joined by Democratic and Republican attorneys general. In recent years, however, prices on dozens of generic drugs have climbed, sometimes dramatically so.

Business

Asian shares extend losses after Fed rate hike, dollar eases

Equities pulled lower on the Fed's outlook on Wednesday. "Let me be careful that I am not trying to provide advice to the new administration or to Congress as to what is the appropriate stance of policy", the Fed chair said. Yellen attributed the Fed's higher number of estimated rate hikes for 2017 to a lower unemployment rate and possibly some changes in federal budget policy beginning next year.

Business

Capital One Financial Corp. (COF) Position Cut by Trust Co. of Vermont

More important recent Capital One Financial Corp. Other analysts have also recently issued reports about the stock. Credit Suisse AG raised its position in shares of MB Financial by 24.6% in the third quarter. Investors of record on Thursday, December 15th will be given a dividend of $0.19 per share. Analysts await Capital One Financial Corp. There was another key research note provided by Stifel on Monday November 14, 2016.

Business

Adobe revenue beats on creative cloud unit strength

The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 86 cents per share . Looking ahead, ADBE forecast Q1 EPS of $0.87, which is ahead of Wall Street's $0.85 estimate. Adobe shares have climbed 12 percent since the beginning of the year. Analysts had expected $1.59 billion while the company had predicted sales between $1.55 billion and $1.60 billion.

Business

CT Obamacare sign-up deadline extended to Saturday

The final deadline for individuals to enroll in private health insurance remains January 31. California, New York and CT, which all operate their own exchanges, already had Saturday, December 17 as their deadlines for January 1 coverage. Enrollees should bring photo identification and proof of income. The Nevada Insurance Division has a website, NVinsurance101.com , aimed to provide Nevadans with information about their health insurance decisions.

Business

Indianapolis International named best medium-sized airport

With a score of 704 out of 1000, Cleveland Hopkins fell below John Glenn Columbus International Airport (756) and Cincinnati/Northern Kentucky International Airport (783). "Customer satisfaction. It's our ultimate metric", said Mario Rodriguez, executive director of the Indianapolis Airport Authority. Meanwhile, LaGuardia Airport, in New York City, dropped in satisfaction.

Business

BC government offering interest-free loans to first time homebuyers

There is some obvious benefit to some first-time buyers in helping them afford a down payment, he said. The loan will be registered as a second mortgage on the title. "We really think the government should be looking at protecting the interests of first-time homebuyers so they don't have to take on so much debt to get into the housing market because they are already swimming in debt", he said.

Business

Kellyanne Conway: Ivanka In The White House Would Benefit Trump 'Tremendously'

For now, what role she would play from there is still lost in the fog of transition. According to Newsmax, Ivanka Trump may take on the "traditional first lady role", instead of Melania Trump , who doesn't plan on moving into the White House at least until the Trump's son Baron son is finished with school in June.

Business

UAE hikes interest rate: Will your loan EMI go up too?

The South Korean government held a meeting of officials from the finance ministry, the financial regulatory body and the central bank in Seoul to discuss ways to deal with the impact of the US rate hike on the South Korean market. Yoon added that monetary policy will remain neutral in the new year as household debt still remains a burden. Recent data is show a mixed portrait of the economy.

Business

Cepeda: Will Electoral College dump Trump?

That way, electors in states that Trump won could be freed to vote for someone other than the president-elect. All Democrats must say "no" to working with Donald Trump and his lazy, shiftless thugs who want to steal the labor of our bodies, the sanity of our minds, and the beauty of our natural resources.

Business

Adobe Systems Inc. (ADBE) to Release Quarterly Earnings on Thursday

Atalanta Sosnoff Capital LLC raised its stake in shares of Adobe Systems by 53.5% in the second quarter. Nisa Investment Advisors LLC now owns 193,312 shares of the software company's stock worth $18,517,000 after buying an additional 6,140 shares during the period.

Business

Oracle's Q2 revenue rises less than expected

A number of research firms have recently weighed in on ORCL. Goldman Sachs Group Inc. reaffirmed a "buy" rating and set a $47.00 target price on shares of Oracle Corp .in a report on Sunday, September 25th. The disclosure for this sale can be found here. Corporate insiders own 29.00% of the company's stock . Institutional investors and hedge funds own 56.87% of the company's stock .

Business

United States 10 Year Treasury Yield Hit 2.5%

The U.S. Treasury Department sold the latest 30-year bond issue at a yield of 3.152 percent, the highest for this maturity at an auction since September 2014, Treasury data showed. "At the moment, worldwide investors seem to have a relatively low appetite for Treasuries due political uncertainty", said Tom di Galoma, managing director for Treasury trading at Seaport Global.


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