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Business

Big Brother Naija: Bassey Gets Evicted

Efe , TBoss and Debie Rise were saved by Big Brother. "She says that everyday, so she should be strong". ThinTallTony was last week evicted from the reality show. As predicted by TBoss and Debie-Rise earlier in the evening, the clique - Bally , Bisola, Efe and Marvis nominated the two of them, while they nominated Marvis and Efe .

Business

Amtrak train derails in Chicago, no injuries reported

Amtrak spokesman Marc Magliari says he has received no reports of any serious injuries from the Monday morning derailment. The Amtrak train carrying 197 people was arriving at Union Station when three cars jumped the tracks in the 1400-block of South Lumber Street at an Amtrak Rail Yard.

Business

American Airlines in negotiations to buy stake in China Southern

The negotiations are over "a possible major strategic cooperation with American Airlines Inc involving, among others, proposed issue of shares of the company and other business cooperation", China Southern said in an exchange filing on Sunday.

Business

Trump says Ford investing in 3 MI auto plants

According to earlier reports , Ford was expected to invest in its MI assembly plants in Wayne and Flat Rock, as well as the Romeo engine plant. The vehicle company's investment is expected to create at least 700 new jobs. At the 2015 Ford-United Auto Workers contract, the company officially announced that it would invest $700 million at the said facilities. "Major investment to be made in three MI plants", Trump tweeted .

Business

Turkish Airlines finds a way to work around electronics ban

The British ban applied to any device, including smartphones, larger than 16cm long, 9.3cm wide or 1.5cm deep. The ban, largely mirroring the United States version starting on Friday, will affect direct flights to the United Kingdom from Turkey, Egypt, Tunisia, Lebanon, Jordan and Saudi Arabia from Saturday.

Business

Investor Watch-List Stock: HTG Molecular Diagnostics, Inc.'s (HTGM)

According to the Recommendation Trends of the stock polled by Zacks Investment Research for this month, the company has a consensus recommendation of 2.36 out of the scale from 1 to 5 where 1 stands for Strong Buy and 5 means Strong Sell.

Business

Trading Notes on The Coca-Cola Company (NYSE:KO): Active Stock Recap

ETRADE Capital Management LLC now owns 48,491 shares of the company's stock valued at $2,052,000 after buying an additional 20,828 shares during the last quarter. This represents a $1.48 annualized dividend and a yield of 3.51%. The ex-dividend date is Monday, March 13th. DIAM Co. Ltd. boosted its position in The Coca-Cola by 22.5% in the third quarter.

Business

Powerful cyclone slams into Australia's tropical northeast

Debbie , which hit the mainland north of Airlie Beach at midday on Tuesday, brought Bowen, Airlie Beach, Proserpine, the Whitsundays and other far north communities to a standstill as everyone bunkered down for the category four cyclone. Queensland Fire and Emergency Services Deputy Commissioner (Operations and Emergency Management) Mark Roche said a good understanding of the damage would be unlikely before Wednesday morning.

Business

KAZ Minerals PLC (KAZ) Rating Reiterated by Citigroup Inc

Liberum Capital has "Sell" rating and GBX 800 target. The firm has "Buy" rating by AlphaValue given on Thursday, August 20. Jefferies Group LLC restated a "buy" rating and issued a GBX 6,600 ($82.95) price target on shares of Shire PLC in a research note on Thursday, January 5th.

Business

Trump trade doubts send dollar, shares tumbling

And the depressed mood looked set to continue on Wall Street, with U.S. stock index futures falling 1 per cent to a six-week low. "The markets around the globe are falling as a rethinking of the "Trump Trade" begins to focus on reality", Peter Cardillo, chief market economist at First Standard Financial in NY, wrote in a note.

Business

Tesco Faces $295 Million Charge Over UK Accounting Scandal

The DPA means the grocer will avoid prosecution as long as it "fulfils certain requirements", including paying the fine. As a result, the FCA does not propose to impose a financial penalty on either Tesco Stores Limited or Tesco plc. The FCA redress scheme will be open to any investors who bought shares or bonds in Tesco on or after 29 August 2014, and who still held the shares when Tesco issued its corrective update on 22 September 2014.

Business

NY Federation: Republican Health Care Bill 'Potentially Disastrous'

Tensions with key allies such as Germany, Britain and Australia are high, and Trump's approval ratings are at historic lows. "The defeat of the disastrous Trump-Ryan health care bill is a major victory for the working families of this country and for the hundreds of thousands who attended rallies and town hall meetings in opposition to this bill".

Business

Opec considers extending output cut by 6 months

Oil minsters for the three countries commented on Sunday, a day after Algeria's Energy Minister Noureddine Boutarfa called for an extension because he said the strategy is succeeding in paring global inventories. "The cuts by Opec, Russia and others have not produced the kind of reductions in supply that had been anticipated by this stage". Some of the deal's most non-compliant members - Iraq, the UAE and Kazakhstan - were invited to Sunday's meeting to explain their output levels.

Business

Donald Trump Spent the Weekend at His Golf Club

Trump headed back to the White House after his Saturday meetings, and later had dinner at Trump International Hotel nearby. The president's presence at the Trump National Golf Club wasn't a secret. The news organisation, which is one of the few media outlets to support the controversial president, whose approval ratings are at a historic low for a new president, shared the weird update yesterday.

Business

World's Press Calls on President Trump to Stop Targeting Media

Trump's first visit to a golf course since becoming President was on February 4 at the Trump International Golf Club in Florida. "Combined with the exclusion of selected news outlets from a recent White House press briefing, we fear that the overall climate for media freedom now being fostered by your presidency seriously jeopardises the on-going ability of a free press to hold power to account in the United States".

Business

Girl, 10, 'not allowed on plane because she was wearing leggings'

Twitter user Shannon Watts noted that her complaint originated when the gate agent refused to allow three girls to board their flight , and asked why the airline was policing clothing choices. Tweets of frustration and mockery toward United came pouring in from celebrities like Patricia Arquette , Chrissy Teigen and Sarah Silverman . The girls were flying on employee travel passes, a perk that enables them to fly for little to no money.

Business

Flint's 18000 Lead-Contaminated Water Lines Will Be Replaced by 2020

MI and the city of Flint have agreed to spend the next several years replacing roughly 18,000 aging underground pipes as part of a far-reaching legal settlement over the city's ongoing crisis involving lead-tainted water. Flint's drinking water became contaminated with lead in April 2014 when as a short-term cost-cutting measure a state-appointed emergency manager switched the city's drinking water supply from Lake Huron water treated in Detroit to Flint River water treated at the Flint ...

Business

Donald Trump calls PM Modi, congratulates him on recent poll victories

The call was significant as Trump called Modi even before making calls to important allies like Britain, Germany and Japan or major powers like China and Russian Federation since formally taking office. However, he did not divulge anything about whether other issues too were discussed during the conversation between the two leaders. Mr. Modi had congratulated Mr.

Business

Stocks Falter as US Health Care Squabble Worries Investors

The benchmark S&P 500 had declined as much as 0.9 percent initially on Monday and briefly breached its 50-day moving average for the first time since just after the Nov 8 USA presidential election. The S&P 500 was hovering around 2,340 mid-Monday. With the absence of major data published on Monday, market participants will draw their attention to a speech by Chicago Fed President Charles Evans in Madrid and a speech by Dallas Fed President Rob Kaplan about economic conditions at Texas A&M ...

Business

2 remain in custody in Britain attack, police say

They had planned to return home to Salt Lake City on Thursday - the day after the attack. She suffered a broken leg, broken rib and a cut and bruises, said friend Mike Murphy. Clint Payne, Melissa Cochran's brother, said the family is following what they think Kurt Cochran's example would be in not fixating on any negative feelings toward the attacker.

Business

Uber halts its self-driving cars programme

In images and video posted to Fresco News , a news gathering resource, the Uber Volvo came to a rest on its side, next to two other vehicles appear to have been involved in the crash. The Uber program has been suspended indefinitely in Pittsburgh and San Francisco as well until more information about Friday's accident comes out.

Business

Dollar hits lowest since November

USA long-dated Treasury yields fell to one-month lows on Monday, knocked by growing uncertainty about whether the Trump administration could deliver on its campaign promise to bolster the economy. This, in turn, raised doubts over whether Mr Trump can push through his economic agenda. The sector was one of the biggest beneficiaries of post-election investor bullishness, on the hopes of tax cuts and regulatory reform.

Business

Shailene Woodley reaches deal to avoid jail over pipeline protest

Last month, Shailene was on "The Late Night with Seth Meyers ", where she urged the viewers to get involved with the protests. "I would have made, like, a face". "I'm just looking at the person, like, 'Are you kidding me right now?'" She was scheduled to stand trial this Friday. Woodley continues to be an outspoken opponent of the $3.8 billion project, most recently using her Facebook account to raise awareness for the Native Nations March in Washington, DC on March 10.

Business

The Cisco Systems, Inc. (CSCO) Upgraded by Vetr Inc. to Hold

The mean price target is $40.03 (according to consensus of 17 analysts). It represents a security's price that, if achieved, results in a trader recognizing the best possible outcome for his investment. Cisco Systems, Inc. (NASDAQ:CSCO) distance from 20 day simple moving average is -0.32% whereas its distance from 50 day simple moving average is 4.82% along with 11.35% distance from 200 day simple moving average.

Business

The Smart Metering Systems PLC (SMS) Rating Reiterated by Peel Hunt

The stock has "Buy" rating by Citigroup on Monday, March 14. IG Design Group plc, formerly International Greetings plc, is engaged in the design, manufacture and distribution of gift packaging and greetings; stationery and creative play products, and design-led giftware.

Business

Taxpayers facing £100m bill over botched nuclear deal

Two firms who lost out on decommissioning 12 nuclear sites will get £97.5m compensation. Under these new terms, the Cavendish Flour Group - in which Babcock has a 65 percent stake - will now hold the Magnox contract for five years instead of the 14 initially envisaged to decommission the UK's first fleet of nuclear power stations.

Business

Gold hits 1-month peak as dollar slides on Trump healthcare failure

So-called "Trumpflation trades" - bets that Trump's pro-business policies would stoke growth and inflation in the USA and global economies, boosting assets such as commodities - came under heavy selling pressure. The result of the Trump healthcare bill was not in line with market expectations, but more importantly it has made the markets begin to get nervous about what other possible hurdles Trump could potentially face when it comes to implementing other aspects of his campaign agenda.

Business

The Trump-Russia Scandal Is Beginning to Snowball

Nunes and Schiff had pointed to their predecessors-Republican Mike Rogers of MI and Democrat C.A. And now, per Chairman Nunes, we learn that Trump and members of the Trump transition team were in fact surveilled - and the subject matter was apparently the humdrum of routine American politics and government with nothing, say again nothing, to do with Russian Federation.

Business

InterCloud Systems, Inc. (NASDAQ:ICLD): A Valuation and Tape Check

For ICLD, the company now has $1.79 Million of cash on the books, which is offset by $30.8 Million current liabilities. Company's distance from 20 day simple moving average is 24.40% and distance from 50-Day simple moving average is 24.40%.

Business

Investment firm founder settles suit with former company for millions

In 2015 he sued the manager for at least $200 million in damages, alleging he was forced out. Gross had departed Pimco, his home for more than four decades, in September 2014, following negative news reports about his leadership and weak returns at its flagship Pimco Total Return fund, which he managed.

Business

Cyclone Debbie: Whitsundays hit by wind gusts of 125km/h

Destructive winds and huge waves are lashing the north Queensland coast, as Tropical Cyclone Debbie approaches. A powerful cyclone slammed into the northeastern coast of Australia in the state of Queensland early Tuesday local time with winds estimated at up to 140 miles per hour.

Business

Gallup: Trump's approval rating is lower than Obama's ever was

The benchmark S&P 500 had declined as much as 0.9 percent initially on Monday and briefly breached its 50-day moving average for the first time since just after the Nov 8 US presidential election. Will Trump succeed in bringing about his own removal? Gallup tracks the percentage of Americans who approve and disapprove of the President's performance in office every day, based on telephone interviews with approximately 1,500 national adults, according to the company.

Business

Chesapeake Energy Corporation (NYSE:CHK) Receives Buy Rating From Stifel Nicolaus Analysts

Developed by J. Welles Wilder, ATR is an indicator that measures volatility. The RSI oscillates between zero and 100. Movements above 70 are interpreted as indicating overbought conditions; conversely moves underneath 30 notify oversold conditions.

Business

Bought Tools at Harbor Freight? You May Be Due a Refund

Harbor Freight allegedly advertised merchandise at a "sale" or "compare at" prices, but the goods were never sold at a higher price. The settlement applies to goods purchased between April 8, 2011 and December 15, 2016. No receipt? Credit card statements with Harbor Freight Tools purchases are worth money too. There are nine Harbor Freight Tools locations in MS. While Harbor Freight Tools disputes the claims in the suit, they've settled, and even without a credit card statement or a ...

Business

Trump electronics ban: Gulf airlines know how to bypass it

Qatar Airways, Turkish Airlines , and Saudi Arabian Airlines all tried to appeal to passengers embarking on half-day long flights by reminding them how extensive their entertainment services are. "This will have a positive impact on Air India as a large number of passengers use laptops and iPads as their mini-offices and store a huge amount of official data in these devices".


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