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USA stocks close higher, Dow breaks 8-day losing streak

The Dow Jones Industrial Average ended an eight-session string of losses, with gains of 0.7%, while the S&P was up the same amount following a flat showing yesterday. German benchmark DAX index at Frankfurt Stock Exchange jumped 1.28 percent, while British benchmark FTSE 100 Index gained 0.68 percent. The energy sector gained 1.2%, leading all sectors, supported by stronger oil prices .

Business

Toshiba's Westinghouse to file for Chapter 11

Toshiba first alerted investors to the financial difficulties earlier in the year, but NuGen issued reassurances at the time that the project was still on track on the basis that Toshiba hoped to sell its majority stake in Westinghouse .

Business

AT&T pulls some of its Google ads over extremist videos

The Government has already suspended its advertising on YouTube after some public sector ads appeared next to videos carrying homophobic and anti-Semitic messages. "We have always said Google , Facebook and others are media companies and have the same responsibilities as any other media company", company founder Martin Sorrell tells Reuters .

Business

S. Korea ex-leader arrives at detention center

Park had appeared for her hearing on Thursday morning and then awaited her verdict in a temporary detention room at the prosecutors' office. The court observed that Park's major criminal allegations could be justified and concerns remained over a possibility of her destroying evidence.

Business

Stocks Trend Analysis: Tesla Motors, Inc. (TSLA), Applied Materials, Inc. (AMAT)

The median estimate represents a -13.48% increase from the last price. This is the price at which the trader or investor wants to exit his existing position so he can realize the most reward. The stock traded with the volume of 3.67 Million shares in the last trading session. The Moving Average SMA50 is 7.99% while SMA200 is 25.76%. The stock's 50 day moving average price is $260.70 and its 200-day moving average price is $222.10.

Business

Israeli police arrest teen for bomb hoaxes

Galit Bash, the suspect's defence attorney, said a medical condition was the root of problem. Israeli media identified the 19-year-old as an American-Israeli dual citizen and said he had been found unfit for compulsory service in the Israeli military.

Business

Trump lays into members of House Freedom Caucus after failed healthcare bill

House Speaker Paul Ryan says he has no interest in working with Democrats on getting health care legislation passed, disputing a suggestion by the White House to reach across the aisle and bypass conservative House Republicans. "He had told me that like, a whistleblower-type person had given him some information that was new that spoke to the last administration and part of this investigation", Ryan said .

Business

Could possible bankruptcy hurt ongoing Midlands nuclear project?

But some older nuclear plants are being shuttered and the four nuclear reactors Westinghouse is helping to build in SC and Georgia are behind schedule and billions of dollars over budget. "They intend to withdraw from the USA nuclear business entirely". Further, there is a high probability that the filing will not prevent the Japanese company from ending fiscal 2016 - the year through Friday - with a negative net worth.

Business

Analysts Update Their Price Target On Johnson Matthey PLC (JMPLY)

The analysts offering Earnings Estimates for the company were believing that AstraZeneca PLC (AZN) could bring EPS of $0.59/share. Aa PLC has 609,000,000 shares now held by shareholders which now trade around the 262.2 mark which totals Aa PLC's market capitalisation to 1.60B GBP.

Business

House Leaders 'Came Up Short' In Effort To Kill Obamacare

Orrin Hatch (R-UT) said when asked about the next steps on health care. "I can't see how they achieve that". "We may have to move out ourselves if they don't". The American Health Care Act would have preserved some aspects of Obamacare, including the provision allowing for children to stay on their parent's health care plan until the age of twenty-six, and ensuring that those with pre-existing conditions can not be refused coverage.

Business

Aa PLC (LON:AA) Issued With 'Underperform' Rating At Jefferies & Co

The rating was initiated by Guggenheim with "Buy" on Wednesday, January 18. The firm earned "Sell" rating on Thursday, October 8 by UBS. Among 3 analysts covering Non-standard Finance Plc (LON:NSF), 3 have Buy rating, 0 Sell and 0 Hold. It has a 35.35 P/E ratio. The Company's principal business is the operation of the rightmove.co.uk Website. 179,518 shares or 241.18% more from 52,617 shares in 2016Q3 were reported.

Business

Paul Ryan against Trump working with Democrats to fix health care

Labrador responded to the earlier tweets on Thursday by defending the Freedom Caucus, many of whose members were early supporters of Trump. There have been rumors, but there is no official word that the House will revive the Health Care Bill and present it again for approval.

Business

China manufacturing expands in March

China's manufacturing sector saw activity climb to the highest level since 2012 in March as an official gauge showed factories ceased shedding jobs for the first time in almost five years and a previously severe contraction at smaller enterprises softened markedly.

Business

Toyota Motor Corporation (NYSE:TM) from Auto Manufacturers - Major - Todays Top Gains

Want to see what other hedge funds are holding F? The Company provides automotive financing services through General Motors Financial Company, Inc The Company develops, manufactures and/or markets vehicles in North America under the brands, including Buick, Cadillac, Chevrolet and GMC.

Business

Samsung to officially bring back the Galaxy Note7 as specially refurbished devices

The company is yet to announce details about the release date of the refurbished devices and the markets where they would be sold. "The objective of introducing refurbished devices is exclusively to reduce and minimize any environmental impact", Samsung told The Verge in a statement .

Business

Cable Operators and Telecoms Score Victory in House Vote on Privacy Rules

ArsTechnica reports, "The US House of Representatives voted Tuesday to eliminate [Internet Service Provider] ISP privacy rules , following the Senate vote to take the same action last week". The second part would have specified that if a company wants to share or sell "sensitive" information, they need explicit consent from their customers to do so.

Business

China says Westinghouse bankruptcy won't have big impact on nuclear plans

Westinghouse has invested almost $30 million in the 70,000-square-foot facility in the Center South Industrial Park, which provides training for nuclear operators of BWR nuclear reactors around the globe. Toshiba is wrestling with a US$6.3bn writedown on its U.S. nuclear business, with Westinghouse having suffered huge cost overruns at two USA projects in Georgia and SC, which are now estimated to cost US$11bn more than originally budgeted.

Business

EU's Verhofstadt Wants Brexit Deal on Citizens' Rights This Year

Guy Verhofstadt, Brexit-coordinator on behalf of the European Parliament, voiced the parliament's objection to any radical changes at the Irish border. Further complicating matters is the desire on both sides to avoid a "cliff's edge" situation in which Britain exits without some sort of transitional deal on future ties.

Business

Schumer seizes on Pres. Trump's team's offer to work with Dems

In their Sunday conversation, Mr Trump "was clear his tweet had nothing to do with the speaker", Ms Strong said . However, Blum also is a member of the House "Freedom Caucus", which consists of some of the House's most conservative members.

Business

Trump's budget: federal staff braced for layoffs

Republicans praised Trump's proposed $54 billion increase for Defense programs. The Republican president's plan calls for deep cuts to many federal agencies, hitting the Environmental Protection Agency the hardest, with a 31 percent budget reduction.

Business

Average US 30-year mortgage rate slips to 4.14 percent

Long-term US mortgage rates fell this week for a second straight week, slipping further from their highest levels of the year reached two weeks ago. (Points are fees paid to a lender equal to 1 percent of the loan amount.) It was 4.23 percent a week ago and 3.71 percent a year ago.

Business

Abbas urges Israel not to miss new opportunity for peace

The group lobbies for pro-Israel policies in the U.S. It's their first national conference since Donald Trump became President, but he wasn't there. Addressing several thousand participants to the annual conference, he exuded confidence that the U.S.

Business

Sears says it doesn't know if it can survive

Sears parent company acknowledged " substantial doubt " about its ability to keep operating in its annual report filing . Following the release of our annual 10-K filing on Tuesday, there have been various media reports quoting a portion of the report that outlines potential risks associated with Sears Holdings' financial position, but those reports do not include the full disclosure which highlights the actions we are taking to mitigate those risks.

Business

South Africa's currency plummets after president fires finance minister

As president, Zuma has the right to fire and appoint ministers at any time and doesn't need the approval of the party's leadership, which includes chairwoman Baleka Mbete and deputy secretary-general Jessie Duarte. Zuma's supporters are believed to be backing his ex-wife Nkosozana Dlamini-Zuma, a former African Union chair, as his replacement. He has campaigned for controlled spending and against corruption, but Zuma's allies have accused him of thwarting the president's desire to enact ...

Business

China's Xi to meet Trump, who predicts 'difficult' meeting

It marks the pair's first meeting and comes amid heightened tensions between the USA and China on issues such as trade, Taiwan and North Korea's nuclear program. Relations between China and the US under President Barack Obama were strained by issues including China's island-building in waters that straddle the worldwide shipping lanes in the South China Sea, allegations of cyber hacking and a USA policy rebalance to Asia.

Business

Impeached Korean president Park arrested on bribery and power abuse charges

Investigators are now having a 20-day maximum period to continue digging into their investigations before bringing formal charges against her. A judge in the Seoul Central District Court said in a statement that Park's major criminal allegations could be justified and concerns remained over a possibility of her destroying evidence, Xinhua news agency reported.

Business

Final Four teams begin preparations for semis in Arizona

You could say that about Roth's entire 20-year tenure as athletic director. "It just wasn't a look". They're now taking these last few days to prepare for their first-ever Final Four showdown with Gonzaga . That understanding of the deepest self and those things that constitute both success and happiness at the same time and place? "Florida was real physical", McKie said.

Business

GST rates will have no inflationary impact: Jaitley

New Delhi:Describing the Goods and Services Tax (GST) bill as "revolutionary", Finance Minister Arun Jaitley on Tuesday hoped all the related bills would be passed with consensus in the current budget session of Parliament. Indian lawmakers on Wednesday passed the Goods and Services Tax (GST) bill, setting the stage for the country to replace a bevy of federal and state sales taxes with a single nationwide levy.

Business

Cabin bags tag-free at 7 airports

Meanwhile, the practise of stamping of baggage tags will also be done away with, starting April 1. CISF officials said a trial run in December had found that the exemption saved 20-25 seconds per passenger in Mumbai and 10-15 seconds in Calcutta.

Business

United Kingdom also bans electronics from cabin

The move came hours after the U.S. government warned that extremists plan to target passenger jets with bombs hidden in electronic devices, and issued a ban passengers carrying such items onto flights from 10 airports in eight countries. They have been informed about the changes and will begin implementing the ban immediately. What's the reason for the ban? Traveling to Western, English-speaking countries is getting more hard by the hour for passengers from Muslim-majority nations.

Business

What can you say? This is a nightmare - Robben blasts Netherlands defeat

LVG, 65, has inevitably been linked a return to the national team dugout, yet he's more likely to come in as a technical director. Those who follow the Netherlands will be hopeful that a change in manager can be a catalyst for an upturn in fortunes, though, with Fred Grim to take temporary charge against the Italians, per MailOnline's Amitai Winehouse .

Business

Money Briefs: Westinghouse files for bankruptcy in US

Scana, based in Cayce, South Carolina, plans to discuss the impact of Westinghouse's bankruptcy on a conference call later Wednesday. Gov. Henry McMaster said he has spoken with Secretary of Energy Rick Perry about the developments, as well as CEOs of the utilities involved.

Business

Accused of Trump Bias, Nunes Refuses to Quit Russia Probe

He said that "as with any counterintelligence investigation, this will also include an assessment of whether any crimes were committed". He said the department's position was that all actions she took as deputy attorney general were "client confidences" that could not be disclosed without written approval.

Business

Oil producers look into rollover of output cuts

The accord, aimed at supporting the oil market, has lifted crude to more than US$50 a barrel. An armed group in Libya shut pipelines Monday because of a dispute over wage issues, disrupting production of 250,000 barrels a day. The official said the expected drop, in line with OPEC's agreement, could help draw down inventories in the United States that stood at a record 533 million barrels last week.

Business

Pagegroup PLC (MPI) Receives Consensus Recommendation of "Hold" from Analysts

The Firm operates through wholesaling activities segment. It has a 6.89 P/E ratio. The Auto Parts Locations segment is a retailer and distributor of automotive parts and accessories. COPYRIGHT VIOLATION NOTICE: "Pagegroup PLC (MPI) Receives Consensus Recommendation of "Hold" from Analysts" was originally reported by Chaffey Breeze and is the sole property of of Chaffey Breeze.


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