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Comerica Bank Has $1826000 Stake in Akorn, Inc. (AKRX)

The 52-week range of the share price is from $78.15 - $125.00. Akorn shares spiked from around $27 to $30 roughly 3.5 hours later when the Frensius story broke. If you are accessing this piece on another website, it was stolen and reposted in violation of US and global copyright and trademark legislation. The original version of this report can be viewed at https://www.themarketsdaily.com/2017/04/06/akorn-inc-akrx-given-a-24-00-price-target-by-jefferies-group-llc-analysts.html.

Business

California lawmakers approve fuel tax hike for $52 billion road plan

The California Legislature approved a plan to raise $54.2 billion over 10 years by significantly boosting fuel taxes and vehicle fees. Two-thirds of the state Senate and Assembly voted to approve the bill known as SB1. Brown and top Democratic lawmakers, who support the plan, were working against a self-imposed deadline of Thursday to win approval of the measure. Senate Bill 1 , the Road Repair & Accountability Act of 2017, would trigger a 20-cent per gallon increase in diesel taxes, a ...

Business

Toshiba approves Chapter 11 filing for nuclear unit Westinghouse: Nikkei

Energy Secretary Rick Perry. Toshiba acquired Westinghouse in 2006 with much fanfare, making nuclear power an important part of its business strategy. Please Wait while comments are loading. Bids for the unit are due Thursday and Toshiba hopes to complete the sale before the end of March 2018. Westinghouse also said it will continue projects in China, and that its operations in its Asia and Europe, the Middle East and Africa aren't affected by the bankruptcy filing.

Business

GOP Points Fingers at Each Other as Health Deal Prospects Fade

Despite that impasse, Republican lawmakers and the White House have pledged to keep working on the issue and rumors of a new plan began popping up. A House aide said Pence and other White House officials painted a "dire" political picture of what would happen if Republicans fail to act on health care.

Business

Trump says progress made in US-China relations during Xi visit

Trump though wasted little time bringing up his gripe with China when it comes to the United States' trade relationship with the Asian power. Many blue-collar workers helped propel him to his unexpected election victory on November 8 and Trump wants to deliver for them.

Business

First Presbyterian to hold Holy Week and Easter Services

Holy Spirit's Annual Easter Egg Hunt will be held on Saturday, April 15 from 10 a.m.to noon - rain or shine. Easter Sunday , April 16: 11 a.m. The day begins with a brief 6:30 a.m. First United Methodist Church , 610 2nd Ave. Macedonia Missionary Baptist Church , 225 White Oak Ave., Newport, will celebrate its pastor's ninth anniversary on Saturday, April 8 at 3 p.m.

Business

9 companies pull ads from The O'Reilly Factor

The network did not elaborate. O'Reilly's show may be taking a financial hit after BMW , Mercedes, Hyundai, Ainsworth, Constant Contact , Sanofi , GlaxoSmithKline , Allstate , Esurance , Untuckit , Mitsubishi , T. The 38-year-old and her co-hosts on the ABC show were discussing the harassment allegations surrounding Fox News . He denies the claims have any merit.

Business

High-roller Billy Walters convicted on insider trading charges

Walters, whose risky bets earned him the title of the "most unsafe sports bettor in Nevada", was convicted of insider trading charges Friday, a federal prosecutor in Manhattan said. The verdict capped a three-week trial. "To say that I was surprised would be the understatement of my life", Walters said as he left the courtroom.

Business

Shaky start for stocks on Syria strike and weak jobs gains

Defense contractors stocks are climbing and the price of oil is also up. Rising and falling stocks were evenly split on the New York Stock Exchange. Gold prices hit a five-month high. But that didn't last long, and bond prices turned lower late in the day, sending yields higher. At midmorning, the yield on the 10-year Treasury note fell to 2.316 percent from 2.34 percent.

Business

Oil & Gas UK Supports Gender Pay Gap Legislation

The Government Equalities Office has also launched a new campaign page where employers can access resources, case studies and publish their gender pay gap figures. This misses the point more than slightly, of course - given that there was a national gender pay gap of 18.1% in 2016 (down from 19.6% in 2015), it is reasonable to assume that many employers' pay gap statistics will look very similar.

Business

Delta cancels flights for third day after storm hits Atlanta

Flights to the world's busiest airport have been temporarily halted because of severe storms approaching Atlanta. Delta went the extra mile past year by giving out doughnuts, pizza and drinks to passengers when over 2,000 flights were cancelled due to a power outage.

Business

NYT Hypothetical Sums Up New Health-Care Offer's Issue

That's when Republicans will defend their congressional majorities, so GOP successes on issues like tax cuts and infrastructure that affect the economy and jobs could overshadow their health care dud. Party leaders now hope to produce a new health care bill, but it remains unclear how that will happen, with deep divides among Republicans and little interest in cooperation from Democrats.

Business

Norway to build world's first ship tunnel through coast

Solvik-Olsen said a ship tunnel at the peninsula location has been considered for years, but financing has finally been arranged for the engineering project. Passenger ships will be given priority in the tunnel and vessels will be allocated timeslots from a traffic centre to avoid congestions. He added that other types of vessels, including leisure boats, will be granted access through the historic ship tunnel as well.

Business

Trump welcomes Xi for first summit amidst Syria crisis

Trump said in an interview with the Financial Times published Sunday that China should help with the problem by using the "great influence" it has over Pyongyang, warning that if it doesn't, the USA will solve the problem on its own, and that "won't be good for anyone".

Business

Smith strikes again with latest Pune punishment

The concern is in the bowling department. Though they have retained their core group, Kings XI bought eight players in the IPL auction including well known names like Morgan, Darren Sammy, Martin Guptill and Varun Aaron. We were here in Pune since Tuesday. "But we'll wait and see how that plays out", he added. The team have the same squad list which they followed on the last season.

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Steve Smith strikes again with latest Pune punishment

I had a few conversations with him in the practice sessions, but I did not enjoy bowling to him since he hit me for a couple of sixes (laughs). Rajat Bhatia finished with figures of 2-14 from three overs, while it was a wicket each for Adam Zampa and Ben Stokes.

Business

Schumer sees no possible deal over Supreme Court pick

Sen. Heidi Heitkamp (N.D.) and Joe Manchin III (W.Va.), announced they would back him. Democratic Senator Claire McCaskill said she remains unsure how to vote. Toomey said that he has no regrets about blocking Garland's nomination and that if voters had disagreed, they could have thrown out the Republican majority in the Senate and elected a Democrat for president.

Business

Amtrak CEO: Christie vow to withhold funds won't solve issue

FRA, which oversees heavy rail systems, such as Amtrak , dispatched a team of inspectors to Penn Station, shortly after Monday's derailment. "That (derailment) was the result of a mismatch between two pieces of rails", Moorman said. A message left with Amtrak was immediately returned. The rankings in part reflect the heavy use of rail transit in the U.S. Northeast compared with other parts of the United States.

Business

US Navy fires missiles at Syrian airbase, officials say

The massive strike - the first direct USA action against Mr. Assad's government and Mr. Trump's biggest military decision since taking office - marked a dramatic escalation in the US involvement in Syria's six-year civil war. Spokesman Dmitry Peskov said Putin believes the U.S. launched the strikes under a "far-fetched pretext". "The airbase was nearly completely destroyed - the runway, the fuel tanks and the air defences were all blown to pieces", the Syrian Observatory for Human Rights ...

Business

House prices increase at less than half the rate of March 2016

Average house prices in the three months to March stood at £219.755, 3.8% higher than in the same period a year ago, but down from 5.1% in February, the March 2017 Halifax House Price Index shows. "Markedly weakening consumer fundamentals, likely mounting caution over making major spending decisions, and elevated house price to earnings ratios are likely to weigh down on housing market activity and house prices".

Business

Adidas Is Releasing A 4D-Printed Futurecraft Shoe

April 6, 2017. What makes all this possible is the 3D-printing process created by Adidas' partner in the venture, Carbon, whose investors include BMW, GE, and Nikon. Adidas says that a great deal of thought has gone into the Futurecraft 4D. But at last night's unveiling event, a Carbon employee (who requested anonymity when speaking to GQ) broke it down in not-quite-layman's terms for us like this: Starting with a liquid polyurethane (the stuff regular athletic shoe soles are ...

Business

Jefferies Group LLC Reiterates "Hold" Rating for Wells Fargo & Co

Finally, Cable Hill Partners LLC raised its stake in Wells Fargo & Co by 10.5% in the third quarter. Vetr downgraded shares of Wells Fargo & Co from a "buy" rating to a "hold" rating and set a $58.06 price target for the company.in a research note on Monday.

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Syrian town targeted in airstrikes again

The law also sought to give the president "leeway to respond to attacks or other emergencies", according to the Council on Foreign Relations. The War Powers Resolution, enacted in 1973, long after American troops began fighting in Vietnam, required the president to consult with Congress before sending US armed forces into combat unless there already had been a declaration of war.

Business

Italy says supports US strikes on Syria

The US fired dozens of missiles at Sheyrate airbase earlier on Friday from which it said a deadly chemical weapons attack was launched this week in Syria's Idlib province. "This was a calibrated, proportionate and targeted response". "Tonight I ordered a targeted military attack on the airfield in Syria from where the chemical attack was launched ".

Business

Opec should be wary of more oil cuts: Goldman Sachs

The end of yet another dismal week for oil was capped by even more dire prognostications for what lies ahead, triggered by the very thing meant to bring about market stability: this weekend's meeting of Organization of the Petroleum Exporting Countries (OPEC) members and some non-members, to discuss compliance and perhaps a six-month extension of their production cutback initiative.

Business

Leftist Government Candidate Moreno Claims Victory In Ecuador Presidential Election

Lasso has demanded a recount as supporters took to the streets in protest. "This is shameless fraud, we all know it", said taxi driver Roberto Vera (50) on Monday. The leftist Lenin Moreno was influenced by his father, who named him after Vladimir Lenin, and managed to secure 51.1 percent of the vote. On his Twitter account , Assange took a jab at Lasso's pledge, writing: "I cordially invite Lasso to leave Ecuador within 30 days".

Business

Gonzaga Denies Cinderella South Carolina, Advances to National Title

Gonzaga players celebrate after the semifinals of the Final Four NCAA college basketball tournament against South Carolina, Saturday, April 1, 2017 , in Glendale, Ariz . Not to mention being a No. 7 seed out of a football conference. Carolina failed to score after a few looks and Gonzaga controlled a rebound with under 40 seconds.

Business

KFC to stop using chickens raised with human antibiotics

Some 70 percent of antibiotics vital for fighting infections in humans are sold for use in meat and dairy production and medical researchers have concerns that overuse of those drugs may diminish their effectiveness in fighting disease in humans.

Business

Turkey welcomes US Syria strike, urges no-fly zone

The United States launched 59 Tomahawk cruise missiles at the Syrian military airfield in Ash Sha'irat near Homs late Thursday. Mr Trump said the strikes on Shayrat airbase near Homs, which took place at 4.40am UAE time on Friday, were created to prevent and deter any further use of chemical weapons.

Business

Amtrak Fixes Penn Station Tracks In Time For The Weekend

The Metropolitan Transportation Authority says it has canceled 10 Long Island Rail Road trains into Manhattan for this morning's rush hour and terminated four others at stations in Queens. At a press conference Wednesday, NJ Transit Executive Director Steve Santoro blamed Amtrak for Monday's derailment. "We got it wrong". John Porcari added an ominous tone when asked about Gateway's fate if the federal part of the funding is negatively affected by President Donald Trump's recent proposed ...

Business

Tesla Sets Quarterly Record, Delivers 25000 EVs So Far In 2017

Tesla sold more than 25,000 vehicles in the first quarter, a record that beat analysts' forecasts, the electric carmaker said Sunday. Of that figure, 13,450 were Model S vehicles and 11,550 were Model X vehicles. The Model X is gaining traction in Tesla's quarterly sales numbers. Tesla can ramp up the production and build the vehicle in meaningful volumes, due which it has gained stocks.

Business

Get up to speed on the probes into Russia, Trump campaign

This back-and-forth history is familiar by now. It is hard to fathom how the demasking of multiple Trump campaign and transition officials was not politically motivated. Yes, there is. On his Fox News show, the formerly bow-tied but still adorable Tucker Carlson is leading a charge that we don't really know that Russian Federation hacked the Democratic National Committee and delivered emails to WikiLeaks that were released at just the right moment to undermine Hillary Clinton's campaign.

Business

After Uproar, Pepsi Halts Rollout Of Controversial Protest-Themed Ad

According to the source, Jenner has not publicly addressed the fiasco due to an agreement that will not allow her to comment on it without Pepsi's approval. Other's accused the ad of "whitewashing", trivialising issues, and co-opting protest imagery to make a profit. "Even though she had nothing to do with the production and the message of the campaign, she will be blamed for this, since she is the face".

Business

Syria says U.S. attack killed six, caused extensive damage

Russian Prime Minister Dmitry Medvedev complained on Friday that US cruise missile strikes on a Syrian airbase were one step away from clashing with the Russian military. And in planning the attack, White House national security adviser H.R. McMaster said, the US was careful to avoid risk to "third country nationals at that airport - I think you read Russians from that".

Business

Mercedes Pulls 'O'Reilly Factor' Ads, Other Advertisers Tap Dance, Amid Harassment Allegations

The O'Reilly Factor , a cable television news and talk show on Fox News, is losing more advertisers in connection with the sexual harassment allegations against its host Bill O'Reilly. Sanofi also confirmed its advertising removal from the show and said, in a statement, "At Sanofi Consumer Healthcare, decisions about advertising on any given website , network, magazine, or programs are never undertaken as an endorsement or non-endorsement of the host, editorial or entertainment content".


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