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Trump to Be Least Popular President in Decades as Ratings Keep Plummeting

New surveys from CNN/ORC and ABC News/Washington Post , both released Tuesday morning only days ahead of the January 20 inauguration, showed a stark contrast between president-elect Trump's and President Obama's incoming approval ratings.

Business

Black Lady Liberty featured on US coin for first time

A new depiction of Lady Liberty continues to honor our country's forward movement as it portrays, for the first time ever, a woman of color on USA currency. This is why the active decision to portray an African-American woman as Lady Liberty is significant. The 24-karat gold coin is the first in a new series ultimately representing Asians, Hispanics and Indians, in an effort to reflect "the cultural and ethnic diversity of the United States", the Mint said during the coin's unveiling ...

Business

BAT Agrees to Pay $49.4 Billion to Buy Out Reynolds American

The cash-and-share bid values each Reynolds share at US$59.64, London-based BAT said in a statement. The agreed price represents a premium of 26% over Reynolds's closing price the day before BAT made its initial announcement in October.

Business

OPEC: 50% Compliance To Output Deal Is 'Enough'

Last week, Falih said Saudi output had fallen below 10 million bpd, meaning Saudi Arabia had cut production by more than the 486,000 bpd which it agreed to late past year under the producers' agreement. And these numbers assume the supply response from the United States doesn't continue and that the OPEC countries (and Russia) don't cheat. If the agreement is implemented as it is designed, we will see that the markets will rebalance sometime first half of this year.

Business

British American Tobacco (BAT) announces agreement to buy Reynolds in $49bn deal

The new offer is US$29.44 in cash and 0.526 of a BAT share for each Reynolds share. According to their estimates, the merger will save the company $400 million. The firm has a 50 day moving average price of $43.85 and a 200-day moving average price of $48.73. "The transaction has also been approved by the Boards of Reynolds and BAT", the London-based company said in a statement.

Business

FY2016 EPS Estimates for United Continental Holdings, Inc. (UAL) Raised by Analyst

Underperform rating was given by 0 analyst and Outperform rating was given by 4 analyst. Over the past twelve months, United Continental Holdings, Inc . The company has topped estimates the last three quarters, and another earnings beat will be enough to help push the stock higher. Large investors have recently added to or reduced their stakes in the stock.

Business

Scottish Government meet Belgian foreign minister for Brexit talks

The high level official meetings represent a significant diplomatic shift since the independence referendum of 2014, when states and European Union institutions were cautious about intervening or engaging with the Scottish Government, for fear of upsetting relations with the UK Government.

Business

Putin Accuses Obama Administration Of Trying To Undermine Trump

He added that Russian Federation never raises the issue of sanctions in talks with its foreign counterparts and doesn't intend to do so because it's not up to Moscow to scrap them. I do think keeping it together is not going to be as easy as a lot of people think. "Great move on delay (by V. Putin) - I always knew he was very smart!" "The media frenzy surrounding Trump speaks of the degradation of United States political elites".

Business

Following Trump meeting, Muilenburg praises 'progress on simplifying requirements' for AF1

Boeing CEO Dennis Muilenburg apparenently had a good meeting with president-elect Donald Trump on Tuesday, according to reports, and may be close to making a deal with Trump over orders for new military planes. Analysts said it's unclear at this stage how the cost reductions will affect Boeing's business. "I think Mr Trump is doing a great job with engaging the business", Muilenburg said when asked if he thought Trump's habit of tweeting directly to companies was the "right way" to ...

Business

United States dollar slides after Trump says the greenback is 'killing us'

Bottom line: "We see potential for currency volatility ahead, but little risk of a sharp and disruptive dollar rally", Trunill said, noting various estimates of the greenback's fair value find it about 15% overvalued. But it took until traders returned from a long holiday weekend and weighed up similar comments by Trump adviser Anthony Scaramucci at Davos, for impact to fully flow through to the currency markets.

Business

Jennifer Holliday Got Death Threats Over Possible Inauguration Performance

Over the weekend Holliday backed out of performing at the Inauguration and issued an apology letter to the LGBT community. They were saying I should kill myself or someone should kill me all over singing a song. Calling back to the public statement she gave following her rescinding of the invite to the Trump inauguration, which was shared here on the Inquisitr , Ms.

Business

What is the Street Saying About Hewlett Packard Enterprise Co (NYSE:HPE)?

Hotchkis & Wiley Capital Management LLC now owns 27,055,545 shares of the company's stock valued at $494,305,000 after buying an additional 2,126,559 shares during the period. Now shares have been rated as "Buy" from 8 Analysts. Given the stock's recent action, it seemed like a good time to take a closer look at the company's recent data.

Business

Ralph Lauren Will Reportedly Dress Melania Trump for the Inauguration

It's now been established that Ralph Lauren will design a bespoke gown for Melania, which has come as a surprise to many considering his vociferous support for Hillary Clinton during the election. At her husband's inauguration, Laura Bush wore designs by the Dominican-American Oscar de la Renta in 2003 and Michael Faircloth of Dallas, Texas in 2001.

Business

Barrick Gold Corp. (ABX) PT Lowered to C$20.00 at Barclays PLC

Kinross Gold Corporation has a 1-year low of $1.31 and a 1-year high of $5.82. Institutional investors have recently modified their holdings of the company. Eldorado Gold Corporation's revenue for the quarter was up 38.8% on a year-over-year basis. Barrick Gold Corporation closed its last trading session at $16.89 with the loss of -0.12%.

Business

TRUMP ADVISER SCARAMUCCI: I just sold my company

Scaramucci, founder of hedge fund SkyBridge and an annual hedge fund industry conference in Las Vegas, will serve as an assistant to Trump with "general advisory" responsibilities, people who asked not to be identified tell the news service.

Business

Best Known Analyst's Ratings: AT&T, Inc. (NYSE:T), CSX Corp. (NASDAQ:CSX)

Detailed results are scheduled to be out on Jan 17. Analysts' estimates typically exclude special items. "Moreover the company's recent announcement on customer investments valued at $9.5 billion for expanding and building new facilities is a positive sign".

Business

Bank of England Governor: Bank Will Protect Economic Growth

In the year to November, Carney said that total household borrowing rose 4%, while consumer credit went up by more than 10% - the fastest rate since 2005. Sterling fell below $1.20 to one of its lowest levels in the past 30 years on Monday due to fears May will prioritize curbing immigration over retaining close economic ties with the European Union when she starts formal exit talks later this year.

Business

Trump's first home up for auction for 2nd time in 3 months

To view the home, visit Paramount Realty USA's website . Media attention generated interest in the home, which led to the original owners' postponing the auction. No one knows how much the house might sell for. The 2,500-square foot house is located in Jamaica Estates, a wealthy neighborhood in Queens. "It was a warm place", Donald Trump, a billionaire real estate mogul, said of his first home on "The Tonight Show Starring Jimmy Fallon" in September, suggesting lightly that he'd like to ...

Business

IEA chief warns of more 'much more' oil price volatility in 2017

Saudi Oil Minister Khalid al-Falih, the de facto leader of the OPEC, touted the impact of the cartel's production cut pact with major non-OPEC producers. Explorers reduced United States rigs searching for oil for the first time since October, after expanding to the highest level in a year the previous week.

Business

Reliance Jio added 72.4M subscribers since commercial launch

Segment EBIT was down 4.3% at Rs 6,194, crore against Rs 6,474 crore in the corresponding period of a year ago account of lower volumes and decline in GRMs. Higher margins saw Ebit from this vertical also increase 25.5 percent to Rs3,301 crore. Reliance's Jio unit commercially launched its fourth-generation (4G) telecoms network in September after building a new network with an investment of more than $20 billion.

Business

GM to announce $1B investment in U.S. factories

Most pointedly, the American automaker also announced it was working to insource axle production for its next-gen full-size pickup trucks from Mexico to MI, creating 450 jobs. Trump ratchets up pressure on automakers to build in the U.S. "The US is our home market and we are committed to growth that is good for our employees, dealers, and suppliers and supports our continued effort to drive shareholder value".

Business

Amazon Takes Part in USDA Pilot Program, Ready for Food Stamps Trend

The news about the company's participation in food stamp program has raised questions on whether low-income consumers will be able to afford the fee. According to Tom Vilsack, USDA Secretary, "Online purchasing is a potential lifeline for SNAP participants living in urban neighbourhoods and rural communities where access to healthy food choices can be limited".

Business

Tiffany Appoints Reed Krakoff as Chief Artistic Officer

Since the election of Trump, who takes office on Friday, there has been a steady stream of world leaders and potential cabinet picks coming to visit the president-elect, requiring heavy security. He continued: "Although we do not anticipate any significant improvement in 2017 to the macroeconomic challenges that we faced this year, we continue to focus on our initiatives to enhance our stores and our customers' experience".

Business

These Democrats Aren't Attending Trump's Inauguration

And almost all of Clinton's supporters - 94 percent - and the vast majority of third party voters - 83 percent - said Trump should release his income tax returns. Planners for the event are estimating that as many as 900,000 people will attend the January 20 event, according to NBC Washington. Meanwhile, a Washington Post/ABC News poll looks even more dire with 40% of those polled approving of Trump's transition with 54% saying, "Nope".

Business

Canada's two richest people shows wealth inequality

In Credit Suisse data, wealth is the value of an individual's assets minus her debt, and all data is converted to United States dollars and compared. "We can't just migrate a system to this country, " he said. In the USA, new research shows that the incomes of the bottom 50 percent have grown by zero over the last 30 years, while incomes of the top 1 percent have grown 300 percent.

Business

Rio Tinto's 2016 production good, but not good enough

The 329 million tonnes was very close to its original 330 million tonne target which it revised down to between 325 million tonnes and 330 million tonnes after a slow start to the year. The company also said its mined copper production, a key growth business, was 4 percent higher than 2015 at 523,000 tonnes, though still below full year guidance.

Business

Dollar Is "Too Strong" And "It's Killing Us"

Ahead of Friday's inauguration, investors were waiting to see if Trump would follow through on pledges for tax cuts, infrastructure spending and lighter regulation. Wal-Mart (WMT.N) rose 2.5 percent and gave the biggest boost to the Dow after the retailer said it would create 10,000 jobs in the United States this year.

Business

UnitedHealth Group Inc (NYSE:UNH): Can the Stock Surprise in Next Earnings?

In other UnitedHealth Group news, Director Richard T. Burke sold 15,000 shares of the business's stock in a transaction on Thursday, December 15th. Atlantic Trust Group LLC now owns 1,063,265 shares of the healthcare conglomerate's stock valued at $150,133,000 after buying an additional 17,444 shares during the period.

Business

Exxon boosts Permian basin holding in deal worth up to $6.6 billion

The stock has 52-week high of $95.55 and 52-week low of $71.55. Looking about the past performance history, the company plunged -2.43% in past week and declined -6.73% in one month. The company's last traded volume of 8.4 million shares as compared to it's an average volume of 10.67 million shares. If you are reading this report on another publication, it was copied illegally and reposted in violation of United States & worldwide copyright legislation.

Business

The Vetr Inc. lowers the Stock rating of Wells Fargo & Co

The company's price sits 4.04% above from its 50-day moving average of $55.10 and 13.60% above from the stock's 200-day moving average of $49.44. WFC Sr. They are projecting Next Quarter growth of -3%. Company has 31.90% insider ownership. If you are accessing this story on another site, it was stolen and republished in violation of U.S.

Business

Morgan Stanley Profit Rises on Surge in Bond-Trading Revenue

Morgan Stanley shares have increased almost 4 percent since the beginning of the year, while the Standard & Poor's 500 index has climbed almost 2 percent. Company net profit margin stands at 13.10% whereas its return on equity (ROE) is 6.90%. Investment-banking revenue grew 5 percent to $1.38 billion from a year earlier due to the higher levels of completed mergers and issuance of non-investment-grade debt.

Business

Walmart to create 10000 U.S. jobs as Trump shadow looms

Walmart is the single biggest employer in the United States, with 1.5 million people on its books, and that number is set to increase with the announcement of a raft of new jobs. The announcement is the latest in a string of public displays from companies looking to head off criticism from the Trump administration about US job losses.

Business

Hyundai to invest $3.1 billion in United States plants

Amid criticism from president-elect Donald Trump of some vehicle manufacturers' North American manufacturing investment strategies, Hyundai-Kia is stressing that it plans high levels of investment in its United States operations over the next five years.

Business

Acacia Mining reiterated as Buy By Canaccord Genuity

Zacks Investment Research upgraded shares of African Barrick Gold Ltd (NASDAQ:ABGLF) from a hold rating to a buy rating in a research note published on Wednesday. The company's 50-day moving average price is GBX 387.58 and its 200-day moving average price is GBX 477.30. Endeavour bought True Gold Mining Inc for about C$240 million in March, giving it access to a low-priced gold mine in Burkina Faso.

Business

Oxfam report shows widening inequality, Labour blames govt

And over the next 20 years, 500 people will give their heirs $2.1 trillion - more than the GDP of India, a country of 1.3 billion people. Oxfam - described this gap as "obscene" said that the if this new data had been available earlier, would have shown that in 2016, 8 - 9 people would own the same as 3.6 billion who make up the poorest half section of humanity.


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