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Dame Sarah Storey becomes GB's most successful Paralympian with 12th gold medal

She claimed the gold in the C5 individual pursuit last night, as Team GB looked likely to claim up to eight gold medals in a barnstorming first day of the Rio 2016 Paralympics. "It's wonderful and I don't think it will sink for a very long time". The 31-year-old, who suffered a brain haemorrhage in January 2013, won the world title in Italy in March and put in a dominant performance again when it mattered.

Business

New August record for home sales in Toronto

Some industry observers have voiced concerns that Vancouver's new 15 per cent tax on foreign buyers could send investors to Toronto, driving up prices in a market that is already scorching hot. Clark said it's too early to assess the effect of the new tax, but the government has no plans to change the foreign buyer tax rate or the new "luxury tax" on homes valued at more than $2 million.

Business

Greta Van Susteren Leaves Fox News Amidst Roger Ailes Scandal

Carlson had alleged widespread sexual harassment from former Fox News chairman Roger Ailes, who eventually resigned after several other women at the network came forward with similar claims. A 21st Century Fox Corporation news release did not specify a settlement amount, but a person briefed on the settlement said that it amounted to $20 million.

Business

Analysts At H.C. Wainwright Reiterated Karyopharm Therapeutics (NASDAQ:KPTI) As Buy

The transaction was disclosed in a filing with the SEC, which can be accessed through this link . Wellington Management Group LLP raised its stake in Karyopharm Therapeutics by 631.9% in the first quarter. Over the last 3 months and over the last 6 months, the shares of Karyopharm Therapeutics, Inc . HC Wainwright raised their target price on shares of Karyopharm Therapeutics from $15.00 to $16.00 and gave the company a "buy" rating in a report on Thursday.

Business

Best stocks of the day: General Growth Properties, Inc (NYSE:GGP)

The share price of $29.44 is at a distance of 21.5 percent from its 52-week low and down -8.29 percent versus its peak. It shifted up 4.30% in contrast to its 200 day moving average of $29.03. The sell-side target prices range from $29 to $37. While looking at the Stock's Performance, General Growth Properties, Inc. now shows a Weekly Performance of 0.58%, where Monthly Performance is -5.24%, Quarterly performance is 9.41%, 6 Months performance is 3.32% and yearly performance percentage is ...

Business

Euro in favor after European Central Bank holds fire

France's CAC-40 was down 0.4 percent at 4,541 while Germany's DAX fell 0.6 percent to 10,690. EURO SOLID: Europe's single currency maintained its firm tone after the decision, trading 0.5 percent higher at a two-week high of $1.13. "The assessment was that, for the time being, the changes are not so substantial as to warrant a decision to act", Draghi said at a press conference in Frankfurt.

Business

Stock In Limelight: Cabot Oil & Gas Corporation (NYSE:COG)

The stock's price moved down its 200-day moving average of $0.24. Marathon Oil Corp. The stock's market capitalization is $13.29 billion. The technical analysis of Cabot Oil & Gas Corporation Com clearly shows that the moving average of 50-days of Cabot Oil & Gas Corporation (NYSE:COG) stock is $24.74, and is trading $-0.33 points away or -1.34% from its 50-day moving average of $24.74.

Business

Hewlett Packard Enterprise Tumbles After Mixed Results, Spinoff Announcement

The deal includes Autonomy Corp, which HPE acquired for 11 billion USA dollars in 2011, before writing off three-quarters of its value. HPE has an ongoing fraud suit against the chief executive of the company Tom Lynch and its chief financial officer Sushovan Hussain over claims that they overvalued the company.

Business

Wells Fargo fined $185 million for improper account openings

Another $35 million will go to the Office of the Comptroller of the Currency, a banking regulator. "We regret and take responsibility for any instances where customers may have received a product they did not request". The case emerged from a 2013 investigation by the Los Angeles Times. Wells will refund consumers monthly maintenance fees, nonsufficient fund fees, overdraft charges, and other fees they paid because of the creation of the unauthorized accounts, the CFPB said.

Business

Case for United States rate hike stronger, Fed chief says

The Fed's committee next meets in late September. Still Yellen declined to hint at whether the Fed might raise rates at its next policy meeting, Sept, 20-21, or at its subsequent meeting in mid-December. "You're seeing the Treasury market and stocks have an adjustment". US stocks almost flat-lined immediately after Yellen's comments, but surged soon after, with all 10 major S&P 500 sectors trading higher.

Business

Wall St modestly higher in wake of payrolls report

June and July delivered red-hot jobs growth and the latest revisions to those figures - an overlooked but critically important bit of news - resulted in a wash. The Commerce Department recently revised lower its second-quarter reading of inflation-adjusted gross domestic product growth to a 1.1% seasonally adjusted annual rate, down slightly from its initial estimate of a 1.2% growth pace.

Business

Green Party presidential candidate faces charges after pipeline protest

The massive project will deliver oil from vast deposits in the Peace Garden State to southern IL en route to refineries in the Midwest, the East Coast and the Gulf of Mexico. Sheriff's deputies "pulled back", Kirchmeier said. "We're peaceful. We've always been peaceful", Hall said to the Herald. Green Party Presidential candidate Jill Stein faces charges after being arrested during the protest at the Dakota Access Pipeline construction site , south of Mandan.

Business

Asian shares mixed in quiet trading as United States takes holiday

However, the Exhibit below illustrates that rate expectations adjusted less than United States dollars, which makes sense, given that the Fed's current strong rhetoric is nearly providing calendar guidance towards higher rates. At the Jackson Hole speech on August 26, Fed Chair Janet Yellen hinted at a possibility of a rate hike in the case of "continued solid performance of the labor market and our outlook for economic activity and inflation".

Business

India's TCS warns financial clients delaying spending, shares slide

Cognizant Technology Solutions, a USA -based software exporter that has more than three-fourth of its employees in India, had cut its annual revenue forecast citing macro-economic challenges in the near term. IDFC Securities said in a note that it expected "downward risk" to the company's margin guidance of 26-28 percent after the warning. Shares of TCS, which have the biggest market capitalisation among the competitors, dropped as much as 6.5% in intra-day trade before closing at Rs ...

Business

F1 teams will have chance to invest, says Liberty Media

Donald Mackenzie, one of the Chairmen of the outgoing CVC company, said of the deal: "We are delighted Chase Carey is joining Formula One as its new Chairman and that he will be working alongside Bernie Ecclestone". Huge changes are taking place behind the scenes in Formula One. The 85-year-old Ecclestone will stay on as chief executive for the next three years and work alongside 21st Century Fox vice-chairman Carey.

Business

Apple Ordered To Pay $14.5B By EU

Ireland is now obliged to recover the unpaid tax from Apply for the years 2003-2014 which can amount up to €13 billion, plus interest. Apple also accrued several billion dollars in USA deferred taxes on those profits earned in 2014. The EC has said that the payments were avoided as part of a subsidy for Apple from the Irish government, provided as an inducement to persuade the company to invest in the country.

Business

Gold Gains Strength From Weaker US Dollar

Turning fortunes for gold pushed withdrawals from US-based commodity funds to their highest levels since April, Investment Company Institute data for the latest week showed on Wednesday. "Any uncertainty, geopolitical tensions and, most importantly, a sense that the Fed will push back the next rate rise should put a near-term floor on gold prices".

Business

Enbridge, Spectra Energy Combine to Form Largest North American Energy Infrastructure Company

If the deal goes through, it will create an energy infrastructure company with the largest pipeline network and storage facilities of natural gas within North America. and at a location on the B.C./Alberta border which then runs south to the Canadian/U.S. border in the Fraser Valley. Enbridge Inc (USA) (NYSE:ENB) have shown a low EPS growth of -15.30% in the last 5 years and has earnings growth of -51.60% yoy.

Business

Obama meets with president who called him 'son of a whore'

Duterte also threatened earlier to pull the Philippines out of the United Nations over criticism that his crackdown on the illegal drug trade has led to a wave of extrajudicial killings. Evan Medeiros, Obama's former top Asia adviser and now a senior analyst at the Eurasia Group, saw the row as a "speed bump, not a road block" in U.S.

Business

Euro in favor after ECB holds fire

Instead, he used his news conference to urge governments to do their part. Euro area GDP was up by 0.3 per cent quarter-on-quarter in the second quarter and incoming data points to ongoing growth in the third quarter, Draghi said. "Against that backdrop, the Bank will need to provide extra policy stimulus before long". The main refi rate is at a record low zero percent, the deposit rate at -0.40 percent, and the marginal lending facility rate is at 0.25 percent.

Business

Why GameStop Earnings Didn't Live Up to Expectations

Gamestop Corporation has the Market Capitalization of 3.3 Billion. GameStop Corp . (NYSE:GME) last announced its earnings results on Thursday, August 25th. from a "hold" rating to a "buy" rating in a research note on Tuesday. According to the analyst this now indicates there is a potential increase of 34.41% from Gamestop's current price of 29.76.

Business

Tech Names On Frontline: Oracle Corporation (NYSE:ORCL), NVIDIA Corporation (NASDAQ:NVDA)

In Expedia Inc (NASDAQ:EXPE) latest quarter ended on 30 Jun 2016, company announced earnings of $0.83. U.S. based company, NVIDIA Corporation's (NVDA)'s latest closing price distance was 57.51% from the average-price of 200 days while it maintained a distance from the 50 Day Moving Average at 12.81% and 2.61% compared with the 20 Day Moving Average.

Business

House approves bill to protect sexual assault survivors

Rise's MA director Fran F. Swanson '17 said last January that students sought help from scholars at Harvard Law School, the Kennedy School of Government, and Institute of Politics for research behind the bill , which is now currently pending in the MA legislature.

Business

Goldman reduces expectations of September U.S. rate hike

The Institute for Supply Management's non-manufacturing index slumped to 51.4, the lowest since February 2010, from 55.5 in July, a report from the Tempe, Arizona-based group showed Tuesday. Clinton, a former US senator from NY and secretary of state, also said that daughter Chelsea Clinton's involvement in the Clinton Foundation charity will be decided after the November 8 election.

Business

Self-driving truck goes mining

The research project is being undertaken by Volvo in partnership with Saab, through its wholly owned technology consulting company Combitech. The truck will cover a distance of 7 kilometres, reaching 1,320 metres underground in the narrow mine tunnels.

Business

Donald Glover takes different direction with 'Atlanta'

That's where the smarts and cunning nature of Earn comes into play. Following in the tradition of several prominent Atlanta rappers like Gucci Mane, Paper Boi soon finds himself in trouble with the law. Donald Glover has just finished assuring a crowd of critics and journalists that one day Donald Trump is going to die. Alfred's bond is quickly paid, but Earn remains in custody the majority of the episode as he waits for Van to bail him out.

Business

Trump Again Praises Putin, Says Is Better Leader Than Obama

Boswell, who spent 12 years in the U.S. House, 12 years in the Iowa Senate and more than 20 years in the U.S. Army - including two tours of duty in Vietnam and two tours of duty on North Atlantic Treaty Organisation assignments in Europe - said "America's greatness requires diplomatic and military leadership within the complex world we live in".

Business

States must do more to help economy — European Central Bank

ECB President Mario Draghi pleaded for "patience" while unprecedented amounts of cash already injected into the financial system worked their magic, before trying anything new. But some analysts think the European Central Bank could announce it will prolong the timeline for asset purchases beyond next spring. The central bank's 25-member governing council also left its benchmark rate at zero and its rate on deposits from commercial banks at minus 0.4 percent.

Business

ECB projects slow increase in inflation

Draghi and other ECB governing council members have repeatedly insisted that the bank still has tools remaining to combat stagnant growth and inflation, but after almost two years of negative interest rates and unprecedented bond buying, it is increasingly appearing as though the ECB is running out of options.

Business

Trump vows to vastly expand United States military

That Mr Trump says he will ask U.S. military leaders how to defeat IS appears to be a change of approach. Clinton's military backers argue that Trump's proposed ban on Muslim immigrants would alienate US allies in the Middle East. Trump said it will be partially paid for through unspecified common-sense reforms. Beyond new spending on troops and naval assets, Trump also supports additions to sea-based missile defense.

Business

Authorities identify 2 of 3 dead in plane crash

A coroner says two men and one woman died when two single-engine planes collided at a small airport in western Georgia. One of the planes is registered to an address in College Park. The FAA has regulations to control traffic, but pilots are largely responsible for taking care of themselves at the almost 20,000 non-controlled airports that exist across the country.

Business

Callon Petroleum Company (NYSE:CPE) , Eldorado Gold Corporation (NYSE:EGO)

On average, equities analysts expect that Callon Petroleum will post $0.23 earnings per share for the current fiscal year. In Callon Petroleum Company (NYSE:CPE)'s most recent quarter, EPS moved to $0.05 from $0.00 in prior quarter and revenues reached at $45.15M versus $30.70M.

Business

Stock To Watch: Regions Financial Corporation (NYSE:RF)

Regions Financial Corp (RF ) announced schedule to present at the Barclays Global Financial Services Conference in NY on Wednesday, Sept. 14, 2016. 7 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy.

Business

ECB holds rates, doesn't extend stimulus program

ET and President Mario Draghi is due to hold a press conference at 8:30 a.m. ET. The ECB has pumped €1tn in newly printed money into the eurozone's banking system through bond purchases since March 2015. That indicates it sees itself getting gradually closer to its goal of just under 2 per cent over the longer term. "I would say there is no question about, as I think I've said at other times, the will to act, the capacity to act and the ability to do so", Draghi said.

Business

Paris police discover vehicle with gas cylinders near Notre Dame

Police said Wednesday that the auto discovered Sunday morning along the Seine River with its hazard lights on had no license plates and no one inside. France remains on maximum alert after calls for attacks on country, which is taking part in bombing the militant group's bases in Iraq and Syria. Back in May, the head of France's DGSI domestic intelligence service, Patrick Calvar, warned in May of a "new form of attack" in which explosive devices would be left near sites that attract large ...


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