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Business

The Woodlands' Kevin Brady meets with Trump to renegotiate NAFTA

Castaneda's Mexico would also fight Trump's "hostile act" of building a wall on the Mexican border. It could also portend changes for American consumers, who for decades have enjoyed cheap goods manufactured just over the border. "We have opportunities with everyone", he said. "Now if we go to protectionism, you're flipping that". Trade is an area on which Trump could find common cause with Democrats.

Business

Turkey-Greece: fresh tension over desert Aegean islets

Yildirim also took the opportunity to refer to a recent decision by a Greek court to rule against the extradition of eight Turkish military officers who Ankara has linked to a failed coup past year, referring to a disappointing stance by Athens.

Business

Robert W. Baird Downgraded Shutterfly (NASDAQ:SFLY) To 'Neutral'

In the last Quarter, Shutterfly, Inc. On the books, Shutterfly's cash, cash equivalents and short-term investments totaled $315.6 million at the end of the quarter, up from $311.8 million at the end of the previous year. On Jan 4, 2017, Satish Menon (SVP, Chief Technology Officer) sold 7,500 shares at $49.44 per share price, according to the Form-4 filing with the securities and exchange commission.

Business

BLS: 227000 Jobs Added in January; 36000 Added in Construction

The labor force participation rate - the percent of adults that are over 16 and actively working or looking for work - has been stagnant in recent months, but in January ticked up by 0.2% to 62.9%. Many see this as an impossible task, however, with annual GDP growth failing to exceed 2.6 percent since the 2008 crash. Weekly hours increased 0.2% following the 0.4% increase for December.

Business

'We can't ignore the people': Parliament backs Brexit bill in landslide vote

The "hard" Brexit that May has promised means the United Kingdom would also leave the single European market, which allows EU member nations to trade with each other without restrictions. Scottish National Party lawmaker Angus MacNeil said that in acting to trigger Brexit, "the House of Commons has taken leave of its senses". "It's crossing its fingers and hoping for the best", he said.

Business

Romania: Fresh protests against corruption decree

Romania's government has rejected calls to withdraw a decree that critics say marks a major retreat on anti-corruption reforms, standing its ground as huge nationwide protests entered a third day. "The government has ignored the dreams of millions of Romanians who want to live in a country free of corruption ". Meanwhile, Jean-Claude Juncker, head of the European Commission , and his deputy, Frans Timmermans, expressed concern in a joint statement.

Business

North Dakota lawmakers prematurely celebrate approval of Dakota Access Pipeline

Army Corps of Engineers could soon issue an easement needed to finish the controversial pipeline, after President Donald Trump signed a memorandum aimed at advancing the $3.8 billion project. He said efforts by some to establish a camp Wednesday on nearby higher ground "do not represent the tribe". Hundreds and sometimes thousands of people have camped there since August to protest a pipeline that they worry will threaten drinking water and Native American cultural sites.

Business

Snapchat loses WAY more money than it makes

And unlike the profitable but admittedly slower-growing GoPro at its 2014 IPO , Snap's cash is disappearing faster than its messages, with almost $1 billion evaporating in the last two years. The prospectus said that Snap incurred a net loss of $514.6 million for the year-ended December 2016 compared to a net loss of $372.9 million for the year-ended December 31, 2015.

Business

GOP Mobilizes To Repeal Obama Gun Control Law

He said the rule is meant to only collect names of those who have a "very severe, long-term mental disorder". Other Republicans argued the rule unfairly stigmatised people with mental disabilities. Democrats called the vote an attack on clean water and a clear win for big coal-mining companies and other polluters. "These are not just people having a bad day", said Democrat Representative Mike Thompson.

Business

Stock Showing Surging Activity: Cameco Corporation (NYSE:CCJ)

The company reported its last earnings on Jan 24 BMO and will report its next earnings on April 24 - Apr 28 (Est.). Cameco Corporation (NYSE:CCJ) on Wednesday closed at $11.27. The short ratio in the company's stock is documented at 4.31 and the short float is around of 4.13%. The stock had a trading volume of 3,925,978 shares.

Business

Mistry moves appellate tribunal against Tata Sons' February 6 EGM

On January 31, the Mumbai Bench of the NCLT had refused to grant a stay on the February 6 Extraordinary General Meeting. Tata Sons declined to comment on the development. It had said if the petitioner does not argue its case on February 13, its plea would be dismissed. In January, Mistry had written a six-page letter to Sebi in which he had alleged violation of corporate governance norms and insider trading rules in some of the companies within the Tata Group.

Business

San Francisco Sues Trump for Withholding Money From Sanctuary Cities

Herrera argued that the order undermines local communities by "sowing distrust of law enforcement" and that far from making cities safer, as Trump and supporters of the order claim, it will make them less safe. "President Trump does not appear to understand the Constitution and the limits it imposes on executive power", Herrera said during the press conference.

Business

A Leninist in the White House : Heavy-handed Steve Bannon

Trump named Bannon as a permanent member of the National Security Council's Principals Committee , a decision that was criticized by former members of the NSC and other security experts. As David Rothkopf, author of a history on the NSC, told the Guardian , Bannon's lack of national security experience makes his placement on the council a "radical" move.

Business

Supermarkets are rationing lettuces and it's like the #courgettecrisis all over again

Tesco has rationed customers to three iceberg lettuces per visit and Morrisons have also limited shoppers to three heads of broccoli and three iceberg lettuces. Supermarkets are said to have forced current lettuce stock from the United States west coast to meet the demand. He said: "There have simply been too many cold days, and what's most weird about this situation is that it has hit all of south-eastern Europe".

Business

Uberpool not illegal, says Uber

The App also identifies all the riders and the Driver Partner .The law permits a contract carriage permit holder to stop to pick upor set down passengers who are included in the contractualunderstanding with the driver. However, a new angle was derived, after few officials realized that such taxi-apps are only allowed to conduct point to point pick-ups and drops within the city premises, as they have "contract carriage permits".

Business

Japan January services sector growth slows slightly, outlook stays bright

The Markit/CIPS construction purchasing managers' index (PMI) hit a five-month low of 52.2 in January after December's nine-month high of 54.2, a steeper decline than all forecasts in a Reuters poll, though still indicating modest growth. "The main area of concern is the extent to which companies' costs are rising", said Chris Williamson, chief business economist at the London-based company.

Business

Knife-Wielding Man Attacks Soldier Near Louvre Museum In Paris

The French newspaper L'Express said the suspect was carrying a knife and was wounded by the soldier. The Interior Ministry confirmed police action after a "serious incident" at the museum. Louvre officials said the museum was closed and that visitors already inside when the attack took place were being kept there. The attacker was seriously injured, it added.

Business

Fast start sees Watford shock Arsenal

That said, Arsenal have now gone six games without a win away at a top-six side, drawing four and losing two in that stretch. "I was very happy at the end because recently we deserved to win some games, but didn't because luck was not on our side".

Business

Bank of England revises up United Kingdom growth forecasts

The BOE's latest forecasts show it still expects a slowdown in the coming years as quickening inflation and subdued wage growth eat into household spending. Policymakers said it was likely that there was more room for the unemployment rate to fall before pay pressures start to emerge. This means there was more slack in the labour market than previously thought.

Business

Snapchat to make high-profile stock debut after revealing IPO plans

Snap had quietly filed its papers with the Securities and Exchange Commission late a year ago, since under the JOBS Act, a company making less than $1 billion annually in revenue can do so. In outlining its business plan, Snap said it generates revenue primarily through advertising and emphasized its willingness to take risks to drive user engagement at numerous points throughout the filing.

Business

Union Budget clueless : Mamata Banerjee

West Bengal Chief Minister Mamata Banerjee on Thursday raised concerns over the issue of H-1B U.S. visas and called for a protection to IT companies and professionals. The party said the note-ban was implemented without taking Parliament into confidence. Presenting Union Budget, Jaitley claimed that double-digit inflation has been controlled and slow grown will be replaced by the high growth.

Business

Trump may soon sign H-1B visa program order

The tech industry's interest in this issue is clear, as it employs many foreign workers. A related visa is the L1, which is given to employees of a company who are transferred to the US. Many tech executives and venture capitalists opposed Trump's candidacy. "Foreign workers with work visas are at a disadvantage to start with", Liano said.

Business

American Airlines Group, Inc. (NASDAQ:AAL), MetLife, Inc. (NYSE:MET)

The consensus recommendation, according to Zacks Investment research, is 2.15. American Airlines Group (NASDAQ:AAL) last posted its earnings results on Thursday, October 20th. 10/31/2016 per share and the total transaction amounting to Andrew P Nocella. The shares were sold at an average price of $40.65, for a total transaction of $6,966,718.95.

Business

Budweiser's Super Bowl ad is immigration-themed

The ad - marking the 42nd year Anheuser-Busch will advertise during the Super Bowl - is meant to kick off Budweiser's yearlong ambition-inspired platform that it will use to celebrate those who live on their own terms, the company said .

Business

Snap Expects IPO This Month, Profits Elude Company

Investors also may have questions about how much time users are spending on Snapchat. The IPO comes shortly after Snap re-branded itself from Snapchat , the ephemeral messaging service for which it became famous, and introduced a connected eye-wear product called Spectacles that allows people to easily record videos and share them with their friends.

Business

UBS Securities Gives Marvell Technology Group Price Target With Potential 31.32% Upside

Marvell Technology Group Ltd. (NASDAQ:MRVL) has the market capitalization of 7.55 Billion. 11/18/2016 - Marvell Technology Group Ltd. was upgraded to "positive" by analysts at Susquehanna. was Initiated by Loop Capital to "Buy" on Dec 6, 2016. EPS measures what each share is worth and also indicates how much money their sharehoders would gain if the company was to pay out all of its profits.

Business

'My snake got stuck in my earlobe' - pet owner seeks hospital treatment

Firefighters were flummoxed. So, it was off the emergency room at Adventist (in case you ever get a snake stuck in your ear - this might be the hospital to consider). Her original post to Facebook has gone viral, generating over 32,000 shares and 23,000 likes. Doctors made a small incision and used vaseline for him to slither free.

Business

Gavekal Capital adds Occidental Petroleum Corporation (OXY) by $13485310

Finally, 1ST Source Bank boosted its stake in shares of Occidental Petroleum Corporation by 0.4% in the second quarter. LifeLock, Inc. has 0 buy ratings, 3 holds and 1 sells even after the stock tumbled -0.25% from its high of $23.99 to a $2.25 billion market value through last close.

Business

NY Times subscriptions doubled in 2016

During 2016, print advertising revenue fell by approximately 16 percent. On a per-share basis, the New York-based company said it had net income of 23 cents. The declining print-ad business that has rocked the industry for years, shrinking newsroom staffs, continues to do so. Digital ad revenue climbed by 10%, or about $7 million.

Business

Growth in global oil, coal demand could stop from 2020

The growth of battery-powered cars could be as disruptive to the oil market as the OPEC market-share war that triggered the price crash of 2014, potentially wiping hundreds of billions of dollars off the value from fossil fuel producers in the next decade.

Business

BoE Unanimously Vote To Retain Policy; Raises Growth Forecast

But nonetheless, the Bank and its governor Mark Carney resolved to "remain vigilant around the issue". In a sign of a developing split, the BoE said some of its rate-setters had "moved a little closer" to their limits for tolerating an overshoot of the Bank's 2 percent inflation target, caused by sterling's slide since June's Brexit vote.

Business

Tata Motors To Reveal A Mid-Engine Two-Seater Sportscar In Geneva

Tata Motors announced the launch of their new sub-brand today - called TaMo (short for Tata Motors). TAMO will operate as a separate vertical in the first step on a low volume, low investment model to provide fast tracked proofs of technologies and concepts, the company said.

Business

Past Quarters Earnings Report for Cadence Design Systems Inc. (NASDAQ:CDNS)

EST. The company provided EPS guidance of $1.32-$1.42 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.35. (NASDAQ:CDNS) traded at an unexpectedly high level on 01/31/2017 when the stock experienced a -0.34 gain to a closing price of $26.03.

Business

Pound falls despite Bank's hike to growth forecasts

The BoE upgraded 2017 GDP growth to 2% from November's 1.4% and August's 0.8%, and nudged both 2018 and 2019 growth 0.1% higher to 1.6% and 1.75% respectively. After Britain surprisingly outgrew the world's other big rich economies past year, the BoE is expected to raise its 2017 growth forecast for the second time in three months, according to a Reuters poll of economists.

Business

Morning Runner: SeaDrill Limited (NYSE:SDRL)

The company reached its 52-Week high of $7.49 on Mar 4, 2016 and 52-Week low of $1.57 on Feb 11, 2016. This company was Downgrade by Morgan Stanley on 28-Jan-16 to Equal-Weight. The shares of Infosys Limited now represents -16.4 Percent Distance from 200-Day simple Moving Average. The projected growth estimate for the next quarter is 9.1 percent.


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