Business

American Apparel shops to close after Canadian company buys brand

As of now, Americal Apparel still plans on being a wholesaler company, meaning your beloved band shirts printed on AA are safe. American Apparel is shutting down - or, more accurately, it's going to look very different - after being purchased at a bankruptcy auction by Canadian company Gildan Activewear .

Business

Kerry visits Vietnam on last trip as U.S. secretary of state

Mr Kerry told his former enemy, Vo Ban Tam, he was glad they were both alive. He was operating a rocket launcher and was shooting at United States fighters to get them into range while they were on patrol. The secretary of state is visiting Vietnam as the first stop on his last foreign trip before stepping aside when the Trump administration takes power next week.

Business

Britain Economic Model will Change if EU Single Market Access Denied

According to reports released last night, the United Kingdom may very well be forced to abide by laws of the European Union (EU) for at least another additional ten years even after Brexit. May's government had said it believed the two sets of negotiations could conclude at the same time. The MEP told Sophy Ridge on Sunday on Sky News: "I'm quite certain Theresa May will do what she always does - sound very reassuring, she will look to be very much in control, saying all the right things and ...

Business

Clinton Camp Still Challenging 'Legitimacy' Of Trump Election

The inspector general's announcement comes amid outcry from Democrats, who say Ms Clinton's loss to president-elect Donald Trump in last November's presidential election was in part due to Federal Bureau of Investigation director James Comey bringing Ms Clinton's emails back into the public spotlight less than two weeks before the vote.

Business

Stokes's lower-order blitz powers England to 350

Half-centuries from Joe Root, Jason Roy and Ben Stokes helped England post their highest score in India - 350 for seven - and Virat Kohli & Co will have to come out with all guns blazing in the first ODI at the MCA Stadium in Pune on Sunday.

Business

Haj subsidy withdrawal: Shabbir asks Asaduddin to apologize

The BJP government is trying to ascertain if the subsidy can be scrapped, since in 2012, a Supreme Court directive had said that the government should stop the subsidy eventually. "He ur ged the government to use this fund for girls" education.Lashing out at Asad, Shabbir said that subsidy is a "boon" for Muslims who can not to afford the pilgrimage "He may not need the subsidy, but why deprive poor Muslims from it", Shabbir added.

Business

Que Langdon reunited with her mother in Australia

Alan Langdon says he has no plans to return to New Zealand with his daughter Que, despite the wishes of the six-year-old's mother. "I tell you I learnt a lot about sailing", he said. "We came in to have some breakfast and while I was preparing breakfast, Que went to the toilet". "They chatted briefly and Que informed her mother she missed her, loved her and was thrilled to see her".

Business

Everton vs. Manchester City 2017 live stream

Kick-off is set for 1.30pm GMT. Coverage begins on Sky Sports 1 at 12:30pm on Sunday. "Two missed penalties cost City two points in the reverse fixture at the Etihad, and they can not afford any similar missed opportunities on Sunday". He wants to come back immediately and make everything flawless immediately but he has to feel and be given time by manager and teammates to come back.

Business

Stock's Earning Overview: Cabot Oil & Gas Corporation (NYSE:COG)

Cabot Oil & Gas Corporation (NYSE:COG) will report its next earnings on Feb 17 - Feb 21 (Est.). The company reported its EPS on 10/28/2016. The company had revenue of $310.43 million for the quarter, compared to analysts' expectations of $325.25 million.

Business

PNC Financial Services (NYSE:PNC) Shares Target Price Increased

Overall, the company surpassed the Zacks Consensus Estimate by an average of 2.7% in the trailing four quarters. RBC Capital Markets lowered Hartford Financial Services Group, Inc. This represents a $2.20 annualized dividend and a yield of 1.87%. Can owned 0.09% of Hartford Financial Services Group, Inc. (The)'s previous quarterly dividend of $0.21.

Business

What do Analysts suggest for: General Electric Company (NYSE:GE)

KS's investment portfolio, making the stock its 6th largest position. United Services Automobile Association owned about 0.10% of American Electric Power Company worth $32,489,000 as of its most recent filing with the SEC. During the same period past year, the business posted $1.06 earnings per share. Stock analysts expect it to report per-share earnings of $0.38 in that period.

Business

Oil price rise falters as doubts emerge over Opec cuts

Opec and crude producers outside the group, including Russian Federation, are implementing production cuts of about 1.8 million barrels a day this year after crude prices slumped from more than $100 a barrel since 2014 amid oversupply. USA fuel prices also rose, with heating oil futures up 2.4% and gasoline more than 3% higher. Oil prices have risen by around 20% since the 13-nation cartel made a decision to cut production in November.

Business

See Where Fencing Has Yet to Be Built Along Mexico Border

Ahead of his inauguration in Washington, D.C., on January 20, Trump has taken to Twitter to threaten both General Motors and Toyota over plans to build small cars in Mexico. But, Garcia says Mexican institutions don't know how many students they would have to accommodate if they were deported. One of the few currencies which did weaken against the dollar after Trump spoke was the Mexican peso.

Business

Mattis Hearing Complete, Senate Committee Approves Waiver

Inhofe is the senior member of the Senate Armed Services Committee, where retired General James Mattis is testifying today. James Mattis, President-elect Donald Trump's choice to lead the Defense Department, said at his Senate confirmation hearing Thursday that the United States should "live up" to the terms of the Iran deal, and he warned of Russia's attempts to break the North Atlantic Treaty Organisation military alliance.

Business

Analysts Consensus For Lloyds Banking Group (LON:LLOY)

Shares of Lloyds Banking Group PLC ( NYSE:LYG ) traded down 1.662% during mid-day trading on Wednesday, hitting $3.255. Year to Date (YTD) performance of Lloyds Banking Group plc (NYSE:LYG) is 6.77 percent while its Performance (Week) is 0.61 percent and Performance (month) is at 4.75 percent.

Business

India's services exports up 11% in November 2016

The cumulative value of exports for the period April-December 2016-17 was $ 198,808 billion (Rs. 1333913.57 crore) as against $ 197.334 billion (Rs. 1278004.37 crore), registering a growth of 0.75% in dollar terms and 4.37% in rupee terms over the same period past year.

Business

Rating Roundup: Morgan Stanley (NYSE:MS)

The company earned $8.91 billion during the quarter, compared to analysts' expectations of $8.17 billion. That is compared with the $0.43 in EPS it reported during the same period a year ago. Acadian Asset Management LLC now owns 15,294 shares of the financial services provider's stock worth $397,000 after buying an additional 11,116 shares during the period.

Business

Mondelez International, Inc. (MDLZ) Stake Boosted by Clarkston Capital Partners LLC

The Manufacturers Life Insurance Company acquired a new position in shares of Mondelez International during the third quarter worth $207,459,000. If you are viewing this piece on another publication, it was illegally copied and reposted in violation of USA and worldwide trademark & copyright laws.

Business

McDonald's near Vatican to give free meals to the poor

Peter's Square, in a building complex that is also home to a number of ranking Vatican officials. McDonald's will give away 1,000 meals to homeless people who live near the Vatican every Monday starting next week. "With these meals, we'll make a significant leap in providing so many women and men who live on the street in this neighborhood the possibility of a meal that will guarantee a suitable intake of proteins and vitamins for them", she said.

Business

BOE's Saunders : Economy May Sustain Lower Unemployment Without Fueling Inflation

With U.K unemployment at an 11-year low of 4.8 percent, below the MPC's 5 percent estimate of its natural rate, the question for BOE policy makers is how long the labor market can continue to improve without fueling more intense inflationary pressures.

Business

US Dollar's Trump-Slump Continues After Wednesday's Press Conference

At 5 p.m., the dollar stood at ¥114.27-36, down from ¥116.06-06 at the same time Wednesday. Tokyo's Nikkei ended 0.8 higher after losing more than one percent Thursday but Sydney lost 0.8 percent and Seoul 0.5 percent. The dollar index, which measures the currency against six other major currencies, was down fractionally for a third straight day and 1 percent lower on the week as focus turned to US retail sales due at 1330 GMT.

Business

OPEC could extend oil production cut by six months

Western Siberia oil production accounts for almost two-thirds of the total production of the country. Traders said that a crude oil and refined product inventory report published by the U.S. Meanwhile, U.S. crude oil production will climb from 8.9 million barrels per day in 2016 to 9 million barrels per day in 2017 and 9.3 million barrels per day in 2018.

Business

Donald Trump assails sex romp claims, says it's 'fake news'

Donald Trump exploded on Twitter in response to leaked reports detailing unverified allegations that Russian Federation has compromising information on him. Tuesday, CNN reported that Trump and President Obama were briefed by intel chiefs on memos from a former British intelligence operative. It was a conference where he proclaimed that he will be "the greatest jobs producer God ever created", said there will be a "major border tax" for companies that send jobs out of the U.S., ...

Business

Federal Ethics Chief Slams Trump's 'Meaningless' Conflict Of Interest Plan

Shaub said that Trump and his team did not consult him or the OGE while developing the plan . Trump has said he sold all his stocks in his organization previous year, but many ethics experts had urged him to fully divest himself from or set up a blind trust for his assets.

Business

Worldwide Collections and Day Wise breakup of Ok Jaanu

Shraddha Kapoor and Aditya Roy Kapoor are all set to entertain audience with their film Ok Jaanu which releases on Friday. The movie is a remake of Mani Ratnam's Tamil romantic flick, OK Kanmani . Adi ( Aditya Roy Kapoor) and Tara ( Shraddha Kapoor ) do the obligatory meet cute, and follow that up with a too-stretched prelude which sees them cosily shacked up in a leafy bungalow under the protective eye of an elderly couple".

Business

Analyst Issues Short Term Price Target on BB&T Corporation (NYSE:BBT)

BB&T Corporation (NYSE:BBT) on January 9, 2017 reported that it will offer an odd-lot program to provide its shareholders with an alternate way to either round their holdings up to 100 shares or sell all their shares. GHP Investment Advisors Inc. now owns 45,260 shares of the company's stock valued at $1,707,000 after buying an additional 1,256 shares in the last quarter.

Business

Nintendo to Launch New Switch Game Console on March 3 for $300

Nintendo has set a launch date for its new console, but the high price has shocked many observers. Koizumi also mentioned Mario's new accessory: a mysterious cap with eyes on it, which he said will offer a unique Nintendo Switch experience.

Business

Valeant Pharmaceuticals International, Inc. (VRX) Rating Reiterated by BTIG Research

The Low and High Price targets are $9 and $55, respectively. Several other analysts have also commented on VRX. Jefferies Group reaffirmed a "buy" rating and set a $22.00 price target (down previously from $40.00) on shares of Valeant Pharmaceuticals International in a research note on Wednesday, November 9th.

Business

Analytical Approach on: U.S. Bancorp (NYSE:USB)

The firm's stock has a market capitalization of $88.56 bln. On average, analysts anticipate that Community Trust Bancorp will post $2.70 EPS for the current year. Hedge funds and other institutional investors own 53.53% of the company's stock. While looking at the Stock's Performance, U.S. Bancorp now shows a Weekly Performance of -0.1%, where Monthly Performance is 0.06%, Quarterly performance is 20.28%, 6 Months performance is 29% and yearly performance percentage is 30.7%.

Business

Tour Obama's White House one last time in VR

By comparison, the same survey found that 83 percent of Americans approved of Barack Obama's transition and only 12 percent disapproved at this time in his presidential transition to his first term. "The wide spread between positive and negative views of Trump's Cabinet appointments serves as another example of the highly polarized environment in which Trump will be taking office on January 20".

Business

Trump adds yet another Goldman Sachs executive to administration

Powell is now the global head of impact investing at the financial giant Goldman Sachs and president of the Goldman Sachs Foundation. Trump's team announced that they're adding yet another Goldman Sachs executive to the incoming administration, tapping Dina Habib Powell to be a "senior counselor for economic initiatives" in the White House.

Business

Agitated sanitation workers continue strike for eighth day outside EDMC

The three-judge bench asked why questioned about why they had failed to pay their safai karamcharis for two months. The stakeholders were supposed to respond to similar concerns raised on Thursday by the NGT. You have not cleaned Delhi. Over the matter of pending salaries of the East DMC employees - the cause of their strike, the Tribunal sought explanation from all municipal corporations, the Delhi Development Authority (DDA) and the Delhi government.

Business

White House criticises Trump's treatment of CNN reporter

Trump's election victory in November has been dogged by conclusions reached by US intelligence agencies that found Russian government-backed hackers broke into USA political-party servers and e-mail accounts. " You are fake news", and refused. CNN anchor Jake Tapper said , "What I suspect we are seeing here is an attempt to discredit legitimate, responsible attempts to report on this incoming administration with irresponsible journalism that hurts us all".

Business

Credit Suisse Group Downgrades Discovery Communications, Inc. (DISCA) to Underperform

Shares were Downgraded by Pivotal Research Group on Jan 12, 2017 to " Hold" and Lowered the Price Target to $ 28 from a previous price target of $33.Discovery Communications was Downgraded by Credit Suisse to " Underperform" on Jan 10, 2017.

Business

Fox News Comes To CNN Reporter's Defense After Donald Trump Attack

Trump , who has often called reporters "crooked" and "liars" at campaign rallies, then told Acosta , "Don't be rude". A few minutes later, Trump turned to Matt Boyle of Breitbart .com, who proceeded to ask Trump about "all the problems that we've seen throughout the media over the course of the election" and "what reforms do you recommend for this industry here?" I have no deals that could happen in Russian Federation, because we've stayed away.


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