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Fed interest rate hikes will soon be yesterday's news

Stock prices rose sharply on Wednesday after the hike. Ironically, the immediate story after the meeting was that there was no indication from the Fed that rates would rise for the rest of this year faster than earlier signalled, despite stronger economic data.

Business

Kyrgios stuns Djokovic again, Federer races past Nadal

Also out in the fourth round is Novak Djokovic, defeated by the 21-year-old #nextgen sensation Nick Kyrgios. When asked what would be the one thing he would take from Federer, Djokovic and Nadal's game, Kyrgios said: 'I would just like to ask Rafa how he can play every point as if his life is on the line.´.

Business

Trump's budget to push conservative ideals

The government is on track to spend almost $4.1 trillion in the next fiscal year. "Unfortunately, we have no alternative but to reinvest in our military and make ourselves a military power once again", White House economic adviser Gary Cohn said on " Fox News Sunday ".

Business

USA rig count climbs by 21 following stockpile decline

Oil producers continued bolstering production activity despite the recent week of volatility in crude oil prices. In Oklahoma, three rigs each came back to the Arkoma Woodford and to the Mississippian, and one returned to the Granite Wash.

Business

Norges Bank Takes Position in Monster Beverage Co. (MNST)

In a different note, On Dec 21, 2016, Jefferies said it Upgrades its rating on Monster Beverage Corporation. One research analyst has rated the stock with a sell rating, three have given a hold rating, ten have issued a buy rating and two have given a strong buy rating to the company's stock.

Business

Man shot dead for taking soldier's gun at Paris Orly Airport

The man fled into a shop at the airport before he was shot dead, an interior ministry spokesman told AFP. French national police tweeted: 'Ongoing police operation, we recommend that you avoid the airport'. It remains France's busiest in terms of domestic flights. Parts of the airport were evacuated and passengers were not allowed to board. This story will be updated as more information is made available.

Business

Alberta Budget 2017: Balanced budget equals layoffs, says Premier Notley

Corporate taxes are also expected to rise, to $3.9 billion, after a precipitous drop a year ago, while personal income tax revenue is forecast to slide to $11.2 billion. The Progressive Conservatives say the NDP is forcing debt on future generations. Wildrose finance critic Derek Fildebrandt said a downgrade would cost Albertans money because the province would be forced to repay debt at a higher interest rate.

Business

Dollar rises ahead of Fed, political risk weighs in Europe

The odds of a rate hike at the U.S. central bank meeting that ends Wednesday began to rise sharply from late February, with the probability now seen as 95%. The Australian dollar was down 0.1 percent at $0.7702 following its overnight surge of 2 percent to a three-week high of $0.7720. US homebuilding increased 3.0 percent last month and jobless claims fell in the latest week, data showed on Thursday, signs the economy remained on solid ground and helping to make the case for multiple rate ...

Business

Royal Caribbean and Port Everglades Ink MOU

FT reports, The 17 analysts offering 12 month price targets for Royal Caribbean Cruises Ltd have a median target of 110.00, with a high estimate of 120.00 and a low estimate of 85.00. The stock grabbed 83 new institutional investments totaling 3,880,582 shares while 67 institutional investors sold out their entire positions totaling 3,859,023 shares.

Business

OPEC Column: Supply remains abundant, demand remains strong, but not strong enough

But OPEC's monthly report showed global oil stocks rose in January to 278 million barrels above the five-year average. The thinking was that a floor had been put under prices, at an unspoken level of $50 per barrel (/bbl), so producers were probably comforted by the fact that Brent crude oil barely moved much below or above $55/bbl until March 7.

Business

Chinese Premier cautions U.S. against trade war

The outspoken Republican president reserved some of his harshest campaign rhetoric for Beijing on his way to the White House, accusing China of being a currency manipulator and threatening to slap huge tariffs on Chinese imports to the US. The economy ultimately grew 6.7 percent previous year. Li took issue with depictions of China's targeted growth as weak. China can maintain medium-high economic growth for the foreseeable future and continue to be a major engine for the global economy, he ...

Business

Bon-Ton will keep its NASDAQ listing

The company said Tuesday it expects to post another loss in 2017 but is making progress on strategic initiatives. "As part of this, we believe we further solidified our position as the hometown shopping destination". 05/01/2015 - The Bon-Ton Stores, Inc. was downgraded to " by analysts at Zacks. Its stores are located in the Midwest, Northeast and upper Great Plains.

Business

UNC men's basketball crushes Texas Southern, 103-64, in NCAA Tournament opener

The specter of Jenkins' shot wasn't enough to drive North Carolina to the ACC title. "We see it every single day; it pops up on our phone every day, and it's always in your mind now", Berry said. "It would be nice if our state got as smart and also would host not just basketball tournaments but concerts and other NCAA events". No. 1 North Carolina has been on a mission all season to get back to the NCAA title game after losing to Villanova on a last-second 3-pointer in their ...

Business

Notable Stock Analysts Ratings: NextEra Energy, Inc. (NYSE:NEE)

MCF Advisors LLC raised its position in shares of NextEra Energy by 0.6% in the third quarter. Several other hedge funds have also recently modified their holdings of the company. and for the current quarter 10 analysts have projected that the stock could give an Average Earnings estimate of $1.53/share. The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 15th.

Business

Six Nations: Women and U20s launch England Grand Slam treble bid

Sexton is clearly frustrated. His words have touched a nerve in Ireland where they haven't forgotten Jones's comments from previous year that Sexton's parents would be "worried" about his long-term health following a history of concussion injuries.

Business

SpaceX succesfully deploys EchoStar XXIII satellite into space

The bids were submitted weeks after a SpaceX Falcon 9 exploded on its launch pad during a test on September 1, 2016, destroying the rocket and a commercial satellite and severely damaging Launch Complex 40 at Cape Canaveral Air Force Station.

Business

Nigerian court overturns seizure of oilfield from Shell, Eni

Justice John Tsoho had on January 26, this year, made the order of temporary forfeiture of OPL 245 to the Federal Government. Justice Tsoho then reversed his order and also refused the application of Malabu oil and gas to join the matter.

Business

College Hoops: Irish Barely Avoid Meltdown, Nip Princeton

Tip-off is at 12:10 p.m from the KeyBank Center. West Virginia, meanwhile, squandered double-digit leads in each half before pulling out an 86-80 win over Bucknell. Bluiett converted seven field goals, including five 3-pointers to energize Xavier. He scored four points in 28 minutes. Five different Mountaineer players reached double figures.

Business

Twitter Starting Live Streaming Service Directly by Media Firms

The live streaming API will be opened to selected media companies and back-end service providers that specialize in live video streaming. Get Data Sheet, Fortune's technology newsletter. The giant social network started by pushing its Facebook Live feature as a home for short-form, viral videos by celebrities and other users. And it has been signing its own deals with sports franchises, including a recent one with the Major League Soccer.

Business

Magellan Midstream Partners LP (NYSE:MMP)

The Senior Notes will be sold pursuant to Olin's shelf registration statement and the base prospectus on file with the Securities and Exchange Commission ("SEC"). Creative Planning increased its position in Rice Midstream Partners by 78.2% in the third quarter. AMP Capital Investors Ltd now owns 22,275 shares of the company's stock worth $519,000 after buying an additional 475 shares in the last quarter.

Business

United States dollar squeezed by cautious Fed

The Dow Jones Industrial Average rose 44.47 points, or 0.21 per cent, to 20,881.84, the S&P 500 gained 7.32 points, or 0.31 per cent, to 2,372.77 and the Nasdaq Composite added 8.39 points, or 0.14 per cent, to 5,865.21. Prior to the Fed's decision, investors had been pricing at least four rate hikes this year. "There is not a lot for the (eurozone) region today.so any political news out of the Netherlands might be its main driver".

Business

Trump staff will 'not repeat' wiretapping claims as UK's GCHQ denies fault

But at a news conference Trump brushed aside a question about whether it was a mistake to accuse British intelligence of eavesdropping. "All we did was quote a certain very talented legal mind who was the one responsible for saying that on television", Trump said".

Business

Here's How You Pour a Pint of Guinness, Paul Ryan

Patrick's Day fancy as a venue to attend. Some people believe that clovers with more than four leaves will bring even more good luck. According to aWalletHub, more than 52% of Americans plan some type of celebration of St. Patrick's Day , a statement from the Camden Diocese said. He invited priests and other religious personnel from Britain and France to aid him as missionaries and church staffing, and despite the opposition of numerous British clergy, Patrick spent the rest of his ...

Business

Microsoft Blocks Windows 7, 8 Updates On Latest Intel And AMD Systems

Microsoft no longer supports operating systems older than Windows 10 (because it's been out for so long now). However, what we didn't know at the time is that Microsoft would take the drastic step of actually shutting down ALL access to Windows Update for Ryzen and Kaby Lake processors running Windows 7 or Windows 8.1.

Business

EPA Reopens US Rules Setting Vehicle Efficiency Standards For 2025

How tragic for all of us that we don't have a scientist heading the EPA. The pick is in keeping with President Trump's message on environmental policy and climate change so far. A federal guideline from the EPA and U.S. Department of Energy on fuel standards for model year 2017 vehicles finds fuel-efficient vehicles would reduce U.S.

Business

Nifty ends at record high after Fed signals gradual tightening

Benchmark indices on Friday extended their previous day's rally, with NSE Nifty breaching a record high of 9200 at the opening session, post the clearance of all five laws by the GST Council. Major Asian markets have ended on a positive note. European markets were trading mixed. On the currency front, the Indian rupee strengthened by 27 paise to 65.42 against a U.S.

Business

Tillerson Defends Trump's Proposed Cuts To State Department Budget

The nine-sentence letter, emailed to State employees as Tillerson was traveling in Asia, came shortly after the administration released a blueprint of plans to cut more than $ 10 billion , or 28 percent, out of the core budget for the State Department and the U.S.

Business

Proposed Cuts to National Endowments and Libraries Raise Concerns for Education

Sarmiento writes, "In addition to our direct grants, the NEA works with more than 20 other federal agencies, state and local governments, state and regional arts agencies, and private nonprofits on projects that provide opportunities for thousands of Americans to experience quality arts programming throughout the country".

Business

What Trump's 2018 budget proposal means for affordable housing

At a time when America's housing crisis has reached historic heights and the lowest income people suffer the most severe impacts, proposals to further cut these vital resources are unconscionable and unacceptable . The full budget is expected to be released in May. To slash an additional 1.1 billion from the HUD budget, Trump's proposal eliminates the HOME Investment Partnerships Program , the Choice Neighborhoods program, and the Self-help Homeownership Opportunity program, SHOP.

Business

What are Analysts opinions on: Oasis Petroleum Inc. (NYSE:OAS)

Many analysts have provided their estimated foresights on Oasis Petroleum Inc. It infers a stock price that, if recorded, aids a trader knowing the best anticipated outcome for his outlay. Following the transaction, the director now owns 44,100 shares of the company's stock, valued at $619,605. (NYSE:OAS), according to U.S. Securities and Exchange Commission (SEC) filings.

Business

Citizens Bank customers having problems with accounts due to 'processing issue'

Some Citizens Bank customers are dealing with a major headache Friday morning. Some Citizens customers told Eyewitness News their direct-deposit paychecks didn't arrive when they were supposed to, but by 10:45 a.m., the deposits were starting to arrive.

Business

Oil prices steady, heading for modest weekly rise

The rise in USA crude oil production is the biggest bearish driver for crude oil (DIG) (BNO) (PXI) prices in 2017. Iraq plans to increase output to 5 million barrels a day by the end of 2017, Oil Minister Jabbar Al-Luaibi said at a news conference in the southern city of Basra.

Business

Dollar slides, yields rise as investors digest Fed

Chinese stocks slipped 0.6 percent as investors sought more evidence of a sustainable economic recovery, but indexes were set for a 1 percent increase for the week. Gold benefitted from the dovish Fed and a slide in the dollar and prices rallied to their highest level in more than a week. The pound remained broadly supported after the Bank of England held interest rates at record lows on Thursday, but the meeting minutes showed the monetary policy committee was split on the decision.

Business

Why Kinder Morgan Inc Could Be a Gold Mine for Income Investors

Personal Capital Advisors Corp raised its position in Kinder Morgan by 47.8% in the second quarter. Kinder Morgan Inc has a 52-week low of $16.63 and a 52-week high of $23.36. The firm also recently announced a quarterly dividend, which was paid on Wednesday, February 15th. The shares outstanding for Kinder Morgan , Inc.is levered at 2208.56 *.

Business

Company Watch: Pandora Media, Inc. (NYSE:P) Session Focus

Several other institutional investors also recently modified their holdings of the company. Wal-Mart Stores's payout ratio is presently 43.48%. Vantage Investment Advisors LLC boosted its stake in shares of Wal-Mart Stores by 0.4% in the third quarter.


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