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Iranian President Responds to Donald Trump, Saudi Arabia Criticism

Trump delivered this remarkable farrago of lies and half-truths two days after Iran, the only Middle Eastern state apart from Israel and Turkey to hold relatively free elections, re-elected President Hassan Rouhani , who has worked hard to reduce the influence of his hard-line opponents.

Business

Stock On Watchlist: KLX Inc. (NASDAQ:KLXI) Price Target Watch

Morgan Stanley upped their price target on shares of Frontier Communications Corp from $2.30 to $4.20 and gave the company an "equal weight" rating in a research note on Thursday, March 30th. & global copyright and trademark laws. The company has its outstanding shares of 1.05 Billion. Investors of record on Thursday, June 15th will be paid a $0.04 dividend.

Business

French minister says Manchester attack suspect probably traveled to Syria

The official threat level was raised late on Tuesday to its highest level, "critical", meaning an attack is expected imminently. They will replace armed police as Operation Temperer takes effect Wednesday. "The priority remains to establish whether he was acting alone or as part of a network", Hopkins said. U.K. Home Secretary Amber Rudd criticized the U.S.

Business

Pope, President Trump discuss peace in private meeting

In front of the cameras, both men were mostly all smiles, relaxed and even jovial. The pope appeared somber. Melania Trump has dutifully considered every outfit she has worn during her first trip overseas as first lady - her visit with Pope Francis on Wednesday was no exception.

Business

Fed minutes: Officials back reducing bond holdings this year

Most Federal Reserve monetary policymakers indicated they were ready for another small interest rate hike - perhaps as soon as next month - if economic data strengthened as expected following a weak winter, according to an account released Wednesday of their most recent meeting.

Business

Crown Castle International Corp. (REIT) (CCI) Shares Sold by Jennison Associates LLC

Retirement Of Alabama reported 108,767 shares. Baring Asset holds 0.36% or 61,279 shares in its portfolio. The original version of this piece of content can be accessed at https://www.themarketsdaily.com/2017/05/19/crown-castle-international-corp-reit-cci-position-cut-by-copeland-capital-management-llc-updated.html.

Business

Pope Francis welcomes USA President Donald Trump at the Vatican

President Trump brought his Reluctant World Tour to the Vatican Wednesday morning, and, against seemingly insurmountable odds, he secured an audience with the pope. While Trump has twice tried to enact a ban on refugees from entering the United States, Francis has invited Syrian refugees to live in the Vatican and has repeatedly made the plight of immigrants and refugees a central message.

Business

Mnuchin Cites Problems in Border Tax as House Panel Seeks Tweaks

The committee is holding a hearing this morning on the border adjustment proposal, which is part of the "Better Way" tax reform plan proposed by House Speaker Paul Ryan , R-Wis., and committee Chairman Kevin Brady , R-Texas. Kimberly Clausing, a professor of economics at Reed College who also testified at the hearing, warned the committee that the proposal has serious flaws: "Many practical considerations may get in the way of dollar appreciation and the evidence we have suggests there ...

Business

Trai defends penalty on Airtel, Vodafone, Idea in RJio case

TRAI said it was within its powers to impose a penalty for violation of licence norms. DoT had sought clarifications on several points, including the provision of law under which the amount was recommended. Trai also pulled up the DoT over its view in the reference note. New telecom entrant Reliance Jio has said that the government suffered a revenue shortfall of over Rs 400 crore in FY17 on account of violation of license conditions by the incumbent telcos.

Business

3/4th of IoT projects failing globally, says Cisco report

Just 26% of respondents said they had what they considered a successful IoT deployment. Cisco surveyed 1,845 IT and business decision makers in the US, UK and India from a range of different industries. Sixty-one percent believe that they have barely begun to scratch the surface of what IoT technologies can do for their businesses. "We are seeing new IoT innovations nearly every day", said Inbar Lasser-Raab, VP of Cisco enterprise solutions marketing.

Business

What Russia questions? House panel doesn't bring up Trump to Rogers

They follow the President's firing of FBI Director James Comey and subsequent statement he sacked Comey because of the Russian Federation probe. Responding to claims from the White House and Republican lawmakers that the congressional and FBI probes into potential collusion between the Trump campaign and Russian Federation is a partisan "witch hunt," the top Democrat on the House Intelligence Committee laid out why he believes there is sufficient evidence of wrongdoing to warrant a ...

Business

Senate Intel Continues To Pursue Flynn Documents In Russia Probe

He said that "all options" were on the table to enforce the requests. A day later, the committee issued two subpoenas against Flynn's businesses seeking records that could hopefully fill in the blanks as it continues to look into the Kremlin's collusion with the Trump administration.

Business

General Election campaigning remains suspended as terror threat level raised

Charlotte Campbell last heard from 15-year-old Olivia shortly before Ariana Grande came on stage at on Monday night. Addressing the nation from her Downing Street office, Prime Minister Theresa May warned late on Tuesday that a new attack "may be imminent" and there was a possibility of "a wider group of individuals linked to this attack".

Business

Is Now The Right Time To Bet On Tractor Supply Company (TSCO)?

MD now owns 17,586,228 shares of the specialty retailer's stock worth $1,184,432,000 after buying an additional 592,472 shares in the last quarter. The EBITDA Yield is a great way to determine a company's profitability. The company's current price-earnings ratio amounts to 17.84 times earnings, below the average P/E ratio of 32.42 times earnings. Shareholders of record on Monday, May 22nd will be given a dividend of 0.27 per share by the specialty retailer on Tuesday, June 6th.

Business

Cenovus Energy INC (CVE) Shareholder Burgundy Asset Management LTD Lowered Position

The Company has four top-quality enhanced oil projects: Foster Creek, Christina Lake, Pelican Lake and Weyburn. A number of other brokerages also recently issued reports on CVE. Following this scale, a 1 would signify a Strong Buy while a 5 would represent a Strong Sell. Cenovus Energy's payout ratio is -12.93%. COPYRIGHT VIOLATION NOTICE: This report was published by Transcript Daily and is the sole property of of Transcript Daily.

Business

Campbell Soup Company (NYSE:CPB) Valuation According To Analysts

The company incurred pretax charges related to cost-savings initiatives of $7 million, or 1 cent per share. Conning Inc. increased its position in Campbell Soup Company by 1.5% in the first quarter. Since November 23, 2016, it had 1 insider purchase, and 2 sales for $51.89 million activity. M&T Bancshares Corporation invested 0.02% of its portfolio in Campbell Soup Company (NYSE: CPB ).

Business

$10M to fix roads, floodwalls along Lake Ontario

Lawrence County in northern NY. The state reports that more than 1.2 million sandbags and 11 sandbagging machines have been used in attempts to keep water away from homes and business in the affected areas since the end of April. Cayuga County's mobile command center will be available from 10 a.m.to 8 p.m. Monday, May 22 at the Fair Haven Village Hall, 14523 Cayuga St. Point Breeze Road (Route 98).

Business

Lego hits its 100pc renewable energy target

Padda said the LEGO Group will be looking to join with other partners to advocate for investment in renewable energy . The wind farm is being developed by Dong Energy, and each turbine used by the project stands more than 630 feet high. Made up of 32 8MW wind turbines, the extension will be able to power over 230,000 homes. Steve Rotheram, metro mayor of the Liverpool City Region, said: "The offshore wind industry has a huge contribution to make to the growing United Kingdom based supply ...

Business

Navios Maritime Midstream Partners L.P

Navios Maritime Partners L.P. (NMM) has been given an average price target of $2.84 from analysts, according to data collected by Finviz. The business is scheduled to announce its next earnings report on Wednesday, May 24th. Institutional investors and hedge funds own 11.31% of the company's stock. Confirms Expiration Time of the Exchange Offer" published on April 17, 2017, Hellenicshippingnews.com published: "Navios Maritime Holdings Inc.

Business

White House Budget Proposal Cuts Ag Spending $46 Billion

Congressional Democrats are harshly criticizing President Donald Trump's budget for 2018, saying it contradicts numerous promises he made on the presidential campaign trail. In agriculture, the proposed budget would limit subsidies to farmers, including for purchasing crop insurance, a move already attacked by farm state lawmakers.

Business

Teva Pharmaceutical Industries Ltd (TEVA) Stock Rating Lowered by Vetr Inc

Aside from political pressures related to drug pricing, TEVA is also looking to replace its CEO and CFO. Trust Company increased its stake in Teva Pharmaceutical Inds Ltd ( TEVA ) by 71.69% based on its latest 2016Q4 regulatory filing with the SEC.

Business

Trump arrives in Israel, hoping to rekindle peace process

Mr Trump said the story is another one the news media has gotten wrong. When that ally was later reported to be Israel, Trump's national security adviser, H.R. Earlier, Trump said, "This moment in history calls us to strengthen our cooperation as both Israel and America face common threats from ISIS and other terrorist groups to countries like Iran that sponsor terrorism and fund and foment bad violence - not only here - but all over the world".

Business

Achuthanandan demands white paper on Vizhinjam Port

The CAG report has come as a shot in the arm for veteran CPM leader V S Achuthanandan who had sought a white paper on the agreement in Assembly the other day. The CAG has also pulled up the state government for fixing 15 years from the Commercial Operations Date as the point from which revenue would be shared.

Business

Jaguar Land Rover Boasts Record Sales Volume

The Tata group company reported a 35 per cent drop in 2016-17 post tax profit at Rs 7,454 crore at a consolidated level. Total cars sold in the year to March 31, 2017, were up by 16 per cent with climbs in key markets including in North America (24 per cent), the United Kingdom (16 per cent) and Europe (13 per cent).

Business

Trump says he had 'a fantastic meeting' with the Pope

Francis appeared more serious at the outset but also appeared to be in jovial spirits when the two men emerged after their slightly longer than scheduled chat. On parting ways at the end of the meeting , the President thanked the Pope for his warm welcome, stating, "I won't forget what you said". At one point, Francis kidded with the first couple.

Business

Ford to cut North America, Asia salaried workers by 10%

Ford is planning to cut around 10% of its global workforce in an attempt to boost profits, according to reports . Ford plans to reduce 10% of its salaried costs and personnel levels in North America and Asia Pacific using voluntary packages, including early retirement.

Business

'Nice to show our muscle' at Kansas - Blaney

It was Kyle Busch's second stage win of the season, but his first since the season-opening Daytona 500 in February. "These races are so hard to win", Truex said in victory lane. With 67 laps remaining, it appeared it would be a race between Blaney and Truex, a race between a driver looking to earn his first NASCAR Cup win and a driver looking for his ninth and who has enjoyed the best stretch of his career since 2015.

Business

Kuwait says OPEC, non-OPEC could deepen oil cuts

Oil ministers from OPEC and non-member producers meet on Thursday in Vienna. Two OPEC sources told Reuters a ministerial committee comprising OPEC members Algeria, Kuwait, Venezuela, current OPEC president Saudi Arabia and non-OPEC producers Russian Federation and Oman recommended keeping the cuts "at the same level".

Business

Pro Bowl returning to Orlando in 2018

The NFL's all-star game was played in Orlando for the first time this year and generally was well-received, not only for the signature event but a weeklong list of activities leading to it. "This year's sold-out game was a landmark moment for Orlando and our reputation as a preferred destination for world-class sporting events". The NFL will have a hard time giving up on the Pro Bowl, because it does pretty good television ratings (even if they're dipping).

Business

Financial Review of Skechers U.S.A., Inc. (NYSE:SKX)

Institutional investors and hedge funds own 61.40% of the company's stock. US Bancorp DE boosted its stake in shares of Skechers USA by 94.9% in the first quarter. The stock of Skechers USA Inc (NYSE:SKX) earned "Buy" rating by Vetr on Friday, August 28. If you are reading this story on another site, it was copied illegally and reposted in violation of US & global trademark and copyright law.

Business

Aguilar Responds to Trump Budget Request

That legislative proposal also proposes that states cover up to 25 percent of the cost of SNAP programs over the next 10 years, which would ultimately cut about $190 million from the program. The plan would impose user fees of $660 million per year to help pay for U.S. Agriculture Department inspectors at meat and poultry plants. For the Capital Region, the cuts could devastate WAMC, the National Public Radio affiliate, to the tune of nearly $420,000, according to Schumer's office.

Business

KCC rejects Westar-Great Plains petition

The stock, after opening at $28.85, closed at $28.82 by scoring 0.17%. Great Plains Energy has raised its dividend payment by an average of 6.4% per year over the last three years and has increased its dividend annually for the last 6 consecutive years.

Business

RE jobs close to 10 million

Falling costs and enabling policies have steadily driven up investment and employment in renewable energy industry leading to employment of 9.8 million people worldwide previous year, stated Irena in its annual review "Renewable Energy and Jobs - 2017", released at the 13th council meeting.

Business

China dismisses Moody's downgrade decision

Moody's ratings agency downgraded China's credit score for the first time since 1989 on Wednesday on fears that the country will struggle to tame its rising debt as economic growth slows down over the coming years. Moody's is considered one of the Big Three credit rating agencies in the world. An overnight rebound in the dollar versus the yen helped send Japan's Nikkei Stock Average up 0.5%.

Business

Udall: Trump Budget a 'Disturbing Statement Of President's Dangerous & Cruel Priorities'

Medicaid , the federal health insurance program for low-income people, and the Children's Health Insurance Program would face $616 billion in cuts over the next decade. "If you are on food stamps, we need you to go to work". The program now serves 42 million people, a number that hasn't changed much in a sluggish, recovering economy.


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