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Enbridge signs agreement to merge with Spectra Energy

Moreover, shares of Williams Partners, which operates as an energy infrastructure company, have a relative strength index (RSI) of 63.67. The simple 20 day moving average for Spectra Energy Corp .is 16.23% and the simple 200-day moving average is at 39.29%.

Business

US clears way for cleanup of Colorado mine after huge spill

Environmental and tribal activists welcomed the government's announcement Wednesday that it had designated the Gold King Mine a Superfund site, advancing the cleanup of an area contaminated by a multimillion-gallon toxic spill previous year.

Business

US gives final proposal to Russia to agree on Syrian issue

Russian President Vladimir Putin says Moscow and Washington may soon reach an agreement on ways to reduce violence in Syria, following a meeting with USA counterpart Barack Obama, Press TV reported. The Kurds are the most effective US-backed anti-IS force, but the Turks consider them to be terrorists. Chinese President Xi Jinping, who chaired the conference, told reporters that the G-20 rich and emerging-market nations would cooperate to counter the lingering risks to the lethargic global ...

Business

Hot Biotech Stocks Recap: MannKind (NASDAQ:MNKD), Threshold (NASDAQ:THLD)

During the last trading session, the expensive price at which share traded, recorded at $0.740 and cheapest price at share trade was noted at $0.713. The number of shares now owned by investors are 199.28 mln. Stone Ridge Asset Management has sold out all of its stake in MannKind Corporation during the most recent quarter, according to the disclosure filed by the company on Aug 15, 2016 with the SEC.

Business

Brokerage Firm Rating Update on Rite Aid Corporation (RAD)

The AES Corporation (NYSE:AES)'s earnings per share growth ratio for the past 5 years was noted as -7.1% while revenue increase for the past 5 years was -0.6%. Growth rates are very important while analyzing the long term growth and valuation of a certain company. The stock decreased 0.40% or $0.03 during the last trading session, hitting $7.56.

Business

Hanjin Bankruptcy: S Korea Throws Lifeline To Shipping Firm

Southern California officials are anxious that last week's bankruptcy filing by Hanjin Shipping could threaten local union workers' jobs and retailers' access to imported goods as the holiday season approaches. A Hanjin spokesman was not immediately available to confirm the report. South Korea's ruling Saenuri Party and the government will offer Hanjin Shipping 100 billion won (S$122.9 million) of loans, Yonhap reported on Tuesday (Sept 6), without citing anyone.

Business

Samsung considers Galaxy Note 7 recall on faulty batteries

Post this, Samsung reportedly contacted the owner to offer compensation and investigate the situation furthermore. Shares of Samsung closed down 2% Thursday on South Korea's KOSPI, causing a decline of about $4 billion in the company's market value.

Business

Financial Stocks Buzzer= Banco Santander, S.A. (SAN), Citigroup Inc (NYSE:C)

The sales growth over the last 5 years is at 8.10% while earning per share for the last 12 months is at 1.42. The company's stock had a trading volume of 626,411 shares. Further, it is possible that the company may register per share earnings of $0.0000 in the near-term quarter and $0.3700 for the ongoing fiscal. Banco Santander S.A.

Business

Clinton, Trump vie for title of commander in chief

While Trump has often complained that US forces are not large enough or well-equipped, he's also said that he'd save money by cutting waste and ensuring that contractors aren't getting sweetheart deals due to their connections or lobbying efforts.

Business

London City: flights cancelled as group stage runway protest

A London City Airport spokesman said the protestors were still on the runway at 9.30am and that the airport could not give a specific time when flights would resume. Black Lives Matter UK has taken its inspiration from a similar movement in the U.S. which has arisen from the number of black people shot and killed by police.

Business

Korea considers banning Samsung Galaxy Note 7 on flights

The FAA has not yet come to a final decision and USA airlines like Alaska Airlines, Southwest Airlines and American Airlines have denied they are banning the device. While this problem doesn't affect every Galaxy Note 7, there have been 35 cases reported of the battery suffering from spontaneously combustion. The airlines are also asking that users of these devices don't turn the phones on while in flight.

Business

IPhone fans mad at Apple over lack of headphone jack

Apple is expected to revamp the wearable, released past year , with a faster processor and a Global Positioning System chip, enabling users to track runs and other workouts without their phones . "While 35 percent of Australians are turned off from buying a new smartphone without the traditional analogue headphone jack, 34 percent are also not concerned, and the rest being unsure".

Business

Nintendo skyrockets on Super Mario game for iPhone

The maker of iEverything announced early on in its latest iPhone presentation that a new Super Mario game (about the iconic plumber, not European Central Bank chief Mario Draghi) would be available in Apple's iOS store later this year.

Business

Wall Street rises on lower rate-hike odds, merger activity

MARKET REACTION: The pound rose on the news, trading 0.2 percent higher at near seven-week highs of $1.3322. The dollar is stabilizing for now at around 103.45 yen JPY=, having fallen almost a full yen from Friday's one-month high of 104.32.

Business

Drake & Future Jewelry Heist On Tour, Cops Nabbed Suspect

The website claims that King has reportedly worked at the arena on a number of occasions for past concerts but had not been working on the night that items were stolen as Drake and Future performed. According to ASU police, King was found near Barretts Honors College with the briefcase containing the stolen jewelry. A representative for Future the Prince declined comment on the theft case.

Business

Google Acquires API Tool Apigee For $625M, Ups Communication Efforts

APIs, or application programming interfaces, are a key component in a company's digital arsenal, as they enable developers to integrate backend services with outside mobile and web-based apps. Apigee's shares were trading above the offer price at $17.45 on Thursday morning. Google offered United States dollars 17.40 per share for the company, a small premium on its last closing price.

Business

Clinton blasts Trump's comments on military generals, Putin

James Comey, FBI director, had declared her "extremely careless" in her handling of sensitive material but did not recommend charges against her. It presented her with eight separate emails, each highlighted with a capital C, indicating it was classified at the level of confidential.

Business

Hamilton: Start problems not a quick fix

The race looked set to be a straight fight between the Mercedes teammates and title rivals, but a slow getaway by Hamilton at the start meant Rosberg led into Turn 1. Initially Hamilton radioed Mercedes to say the poor launch was his own error, but after the race he suggested that might not have been the case. Hamilton clawed a place back on lap two when Jolyon Palmer in a Renault collided at the first chicane with Felipe Nasr's Sauber, the Brazilian spinning, before soon retiring only ...

Business

Mexican finance minister steps down in wake of Donald Trump's visit

Meanwhile, Mexico was criticized for appearing to meddle in the US election process, and Pena Nieto was forced to repeatedly defend the decision to invite the candidates. Scandals aside, Videgaray was known as the "intellectual architect" of a series of major structural reforms that Pena Nieto drove through Congress, Ugalde said.

Business

USA generals 'reduced to rubble' under Barack Obama: Donald Trump

Though the Federal Bureau of Investigation concluded hostile actors could have hacked Clinton's email, she said that despite hacking incidents in the State Department and White House, and cybersecurity deficiencies in the government overall, "There is no evidence my system was hacked".

Business

Johnson Controls completes merger with Tyco

The organization is now holding a P/E ratio of 101.33 with a forward P/E ratio of 10.92, indicating how cheap or expensive the share price is which in turn reveals the sentiments of the investors. ( NYSE: JCI ) now has a 50-day MA is $44.94 and 200-day MA is $41.97, and it has traded in a 52-week range between $33.62 - 48.93 and today's last price is -3.49 percent off the 52 week high.

Business

USA Orders 'The Sinner' Crime Drama Pilot Starring & Produced By Jessica Biel

Even worse, she has no idea why. She left the series in 2006 to focus on films. Jessica Claire Timberlake, also known as Jessica Biel earned recognition on her role as Mary Camdem, one of the daughters of the Camdem family, in the longest running television series of The WB channel " 7 Heaven ".

Business

Apple unveiled AirPods for iPhone 7 and Twitter couldn't stop the jokes

To know more about the iPhone 7 and 7 Plus details, check our post. The new smartphone comes with same premium, lightweight aluminum body. The iPhone 7 is available in two shades of black. Apple is claiming an extra one hours of battery life compared to last year's model. There's a new graphics processor too, which bumps up the graphics performance.

Business

Apple iPhone 7 launch: 7 key takeaways

Memory jacked up:Apple has finally killed the 16GB storage. This is perhaps the source of the headphone confusion with the new iPhone 7. The iPhone 7 has also had its camera completely redesigned, with a much-rumoured second lens being added to the larger iPhone 7 Plus that will enable users to capture more zoomed images without losing picture quality.

Business

Mondelez International unveils chocolate plans

The Milka Oreo chocolate bars, which are already available in more than 20 countries, are targeted at the mainstream segment of the roughly $14 billion USA chocolate market, Mondelez said. Mondelez had upped its offer to $115 per share last week, but the Derry Township, PA-based snack confectionery manufacturer said talks would need to start at $125 per share in order for a deal to continue.

Business

US will approve TPP, Barack Obama tells Asian partners

The 11th summit of the Group of 20 (G20) has made substantial achievements on development issues, with all members determined to facilitate inclusive and interconnected development, Chinese President Xi Jinping told reporters Monday. In a concession to Beijing, the statement doesn't mention China by name and says excess steel capacity is a global issue. The two leaders discussed Syria and Ukraine before moving on to a one-on-one talk, Peskov said, noting that the meeting went well.

Business

SunTrust Banks Inc. Cuts Tractor Supply Co. (TSCO) Price Target to $95.00

Geode Capital Management LLC now owns 1,185,331 shares of the company's stock valued at $107,024,000 after buying an additional 68,301 shares during the last quarter. Thirteen research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company's stock. The average price target of all the analysts comes to $99.16.

Business

U.S. economy may need much higher interest rates: Fed's Jeffrey Lacker

After years of private-sector profit growth, workers are well-positioned to more clearly share in benefits of the recovery. The labor-force participation rate held steady at 62.8 percent after April and May wiped out gains from earlier this year.

Business

Senators Press Mylan for Answers on EpiPen Price Hikes

Jason Chaffetz, R-Utah, and Elijah Cummings, D-Maryland, are requesting documents and internal communications regarding the "unreasonable" EpiPen price hike - describing the company as having a "virtual monopoly" over the auto-injector market.

Business

Grassley, Collins call for explanation for EpiPen price increases

Bernstein analyst Ronny Gal said though Mylan had "infinite possibilities" to handle the outcry over EpiPen prices, the generic launch was "the big one" and would help PBMs cap their costs. The announcement comes just four days after Mylan said it would offer patients a coupon and expanded financial assistance - a move referred to by some politicians and insurers as a superficial "PR fix".

Business

Lady Chablis Has Passed Away

Club One stated if she wasn't going to play herself in the movie, "there would not be one". In fact, she was Club One's very first performer in 1988. Chablis was a pillar of the Savannah LGBT community, headlining for Savannah Pride's inaugural celebration, and hosting the Miss Gay Pride Pageant.

Business

Samsung Galaxy Note7 sale halted worldwide, to replace all sold units

Users in China have not experienced any battery problems and Koh is refusing to name the company who produced the faulty batteries. The company has stopped sales of the Note7 and is issuing replacements for devices already sold. The phone was only launched on 20 August and has since then been generally well-received by critics and consumers. According to a statement reported by a technology website Verge , Samsung has announced its own exchange programme which will provide customers ...

Business

Sports Direct to scrap zero hours contracts and guarantee minimum wage

The mid-cap retailer, however, said in a separate statement this morning that it had rejected Hellawell's resignation, asking him to continue his role as chairman. According to the report, there have been repeated ambulance calls to the Shirebrook warehouse. It said it would begin offering casual retail staff the option of guaranteed hours as well as "zero-hours" contracts, under which employers do not have to commit to provide regular work.

Business

Wedbush Indicates Potential 3.63% Increase In Shares Of Francesca's Holdings

Also, CEO Richard W. Kunes acquired 20,000 shares of the company's stock in a transaction dated Monday, June 13th. Wolfe Research is a brokerage house chasing shares of Francesca's Holdings Corporation (FRAN ), so its rating change is noteworthy.

Business

Liberty Media To Buy Formula One Motor Racing

According to a statement released by Liberty Media, the acquisition of an 18.7 percent minority stake has already been completed for $746 million. Formula One has hundreds of millions of fans, and Carey said in a statement that he sees opportunity to develop it.


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