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Business

Guns N' Roses adds Little Rock to historic summer tour

The American rock band from Los Angeles, that was formed in 1985, will perform at War Memorial Stadium on August 5. Exclusive Guns N' Roses VIP packages available for North American dates at vipnation.com. For complete pre-sale details, visit www.citiprivatepass.com. Tickets go on sale at 10 a.m. June 3. No word on who will open for Guns N' Roses when they play at The Q.

Business

Melania Slaps Donald's Hand In Israel: Is Media Freakout Appropriate?

Melania and the Prez were walking away from Air Force One Monday after landing in Tel Aviv ... when he reached for her hand, but Melania wasn't having it. Mrs. Netanyahu then said she would continue the conversation over dinner. While rumors have been circulating that the President and First Lady's marriage is on the rocks, there hadn't been all too much evidence of such until yesterday's episode.

Business

Brokerages Set Centrica PLC (CNA) Price Target at $214.50

It has underperformed by 16.70% the S&P500. Citigroup has downgraded their stock rating for shares of Homeserve PLC (LON:HSV) to a Neutral in a research report sent to investors on Wednesday morning, and has just set a 12month price target at GBX 795.00.

Business

Britain hunts terror network after Manchester attack

Explosives were found at one site, the Independent reported, citing security service sources. Mrs May said: "The work undertaken throughout the day has revealed that it is a possibility we can not ignore that there is a wider group of individuals linked to this attack".

Business

Valeant Pharmaceuticals Intl Inc (VRX) Receives $24.33 Consensus Target Price from Analysts

Valeant Pharmaceuticals Intl (NYSE:VRX) last posted its earnings results on Tuesday, May 9th. It has underperformed by 16.64% the S&P500. This rating uses a scale from 1 to 5. About 2,237 shares traded. Bank of Nova Scotia now owns 1,261,018 shares of the specialty pharmaceutical company's stock worth $13,922,000 after buying an additional 596,341 shares during the period.

Business

Female Police Officer Was Killed In Manchester Bombing

He denied having ties to any of Libya's militant groups, including the Libya Islamic Fighting Group, which was linked to al-Qaida. Ramadan Abedi , and 20-year-old Hashem Abedi were arrested in the capital, Tripoli. Queen Elizabeth II visited Royal Manchester Children's Hospital on Thursday to talk to some of the victims, their families and medical staff. Rudd earlier slammed the U.S.

Business

Tensions deepen between Saudi, Iran, US after Trump visit

But the juxtaposition of the election in Iran and the gathering in Saudi Arabia seemed to highlight a reality of the Middle East that presidents have long wrestled with: How to choose partners and seek United States interests in a region torn by sectarian splits and competing agendas? That, he said, involved "standing together against the murder of innocent Muslims, the oppression of women, the persecution of Jews and the slaughter of Christians".

Business

Police make two more arrests after Manchester bombing

Interior minister Amber Rudd had described the leaks as "irritating" early on Thursday, after details about bomber Salman Abedi , including his name, first appeared in US media, adding that Britain's allies were perfectly clear that it "shouldn't happen again".

Business

India Ups Ante, Strikes Pakistan Army Bastions Across Border

Any "military move by India would be created to both project strength and avoid an escalation of conflict, and would have a short-term negative impact on financial markets", they added. '(A) recent action by our troops in Naushera sector has caused some damage to Pakistani army posts which are supporting infiltrations. Army Major Ashok Narula claimed that the firings took place on 20th and 21st of this month.

Business

S&P 500 notches record close amid Fed minutes

The Federal Reserve's minutes for its May meeting reflected similar concerns expressed in its statement released in early May, when the US central bank kept its benchmark rate unchanged, highlighting a slowdown in economic activity. France's CAC 40 added 0.3 percent to 5,354.57 but Germany's DAX slipped 0.1 percent to 12,631.83. Before the minutes were released, "we thought there was a pretty good chance" of a rate increase in June, said Michael Feroli, chief U.S.

Business

Newark Airport Shuts Down Temporarily Due to Airplane Engine Fire

Newark was closed for one hour and flights rerouted to nearby airports as grounds crew dealt with the fire. One of the injuries was described as a fall, officials said. All of the passengers were accounted for , and airport staff shuttled them back to the terminal, according to Guerin. There was a ground stop for about an hour and a half after the plane engine.

Business

Manchester Crowd Sing Oasis' "Don't Look Back in Anger" at Bombing Memorial

Speaking to ITV news, the school's headteacher Alun Jones said: "It was a spontaneous act by the children, they said let's go outside and sing something together as a vigil ". The leader of Britain's Labour Party Jeremy Corbyn observed a minute's silence with firemen at Islington Fire Station in London. Flags will remain at half mast at Government buildings until Thursday evening, a statement from the Prime Minister said.

Business

CBO score on 'Trumpcare' should be warning to Senate GOP, Murray says

CBO said the current version would result in savings of $119 billion over 10 years and 23 million more uninsured people than would be expected under the current law. As with all CBO reports, Wednesday's analysis notes that there are a number of factors that contribute to the uncertainty of its prognostications but that it "endeavored to develop estimates that are in the middle of the distribution of potential outcomes".

Business

The Case for and Against DSW Inc. (DSW)

While the stock price moved along with the volume change, shares are touching $16.20. Large investors have recently modified their holdings of the stock. During the same period in the prior year, the business earned $0.40 EPS. The company reported revenue of $711.6 Million in the same period previous year.

Business

OPEC meets to extend oil cuts for up to one year

More than 400 oil rigs are now working USA shale fields, an increase of more than 120 percent compared to a year ago. The latest reductions have been in effect since November, when the Organization of the Petroleum Exporting Countries agreed to cut production by 1.2 million barrels a day.

Business

[LISTEN] MD explains General Motors exit from SA

The announcement came as a surprise to market watchers. Labour union fears of potential job losses following the disinvestment have now been confirmed as GM has started with the required section 189 process (the legal process of retrenchments).

Business

Kejriwal visits hospital, assures of action on irregularities

He said that there had been a "disconnect from the public". The chief secretary has also been asked to issue a phone number on which the public could lodge a complaint in case an officer is found absent during the meeting hours. Mr. Sisodia said the details of the programme will be announced soon. "After June 15, a convention of party workers will be organised in each assembly constituency and the Chief Minister will take part in every convention to strengthen the party's booth level ...

Business

Woman jumps on top of her car to stop thieves

The perpetrator eventually stopped the auto after 15 metres before it and Marian crossed onto the highway. Melissa Smith admits she was fueled by instinct. "This is not happening to me today", Smith said. "(I) didn't see him til I saw him get into my vehicle. The driver tried throwing her off the hood.

Business

Stock Perspective: American Midstream Partners, LP (NYSE:AMID) Earnings in View

Scotia Capital owns 23,188 shares or 0.01% of their U.S. portfolio. The institutional investor held 351,297 shares of the natural gas distribution company at the end of 2016Q4, valued at $26.57 million, up from 36,046 at the end of the previous reported quarter.

Business

Ander Herrera orders Henrikh Mkhitaryan back to box before goal

Pogba also played in the League Cup final victory over Southampton at Wembley Stadium but missed the Community Shield win over last season's Premier League champions Leicester City having only just joined the Old Trafford club from Juve.

Business

Best Buy Co (BBY) Earns Daily News Impact Score of 0.45

Highbridge Limited Liability Co, a New York-based fund reported 22,590 shares. TrimTabs Asset Management LLC boosted its stake in shares of Best Buy Co by 89.1% in the first quarter. Revenues rose 1.0% from previous year to $8.53 billion, also easily topping analysts' view for $8.28 billion. Analysts expected Best Buy to earn 40 cents a share on sales of $8.28 billion in fiscal Q1.

Business

Here's The Deal With That Glowing Orb Trump Touched In Saudi Arabia

The implication here is that a "violent vision of Islam" is now the primary or predominant one, which flies in the face of the reality lived by over a billion Muslims globally. The demonstrations are meant to draw attention to a month-long hunger strike by hundreds of prisoners being held by Israel and to protest what many Palestinians say is unfair US support for Israel.

Business

Iran accuses US of "Iranophobia", arming "dangerous terrorists"

You talk about women and women's rights? The official insisted on anonymity in order to discuss the private meetings. Arriving directly from Riyadh, Saudi Arabia , Trump expressed his hope for cooperation among US allies in the Middle East .

Business

Some GOP Lawmakers Really Don't Like Trump's Proposed Budget Cuts

Sen. Let's be clear about something else: the economic theory President Trump has embraced with this budget, trickle-down economics, is an abysmal failure and a fraud. Wilkins applied for food stamps Wednesday. Many rank-and-file Republicans recoiled from the cuts, however, which would squeeze foreign aid and domestic programmes funded annually by Congress by about 10% next year and 1.4 trillion United States dollars £1.

Business

ValuEngine Decides to Downgrade Investors Real Estate Trust IRET (NYSE:IRET) Stock

Independent Order Of Foresters decreased Hcp Inc (HCP) stake by 25.1% reported in 2016Q4 SEC filing. On Wednesday, March 1 Hedley Mary Lynne sold $697,474 worth of TESARO Inc (NASDAQ:TSRO) or 3,927 shares. It is negative, as 76 investors sold HCP shares while 199 reduced holdings. 40 funds opened positions while 77 raised stakes. Pennsylvania Real Estate Investment Trust was downgraded to " by analysts at Boenning & Scattergood.

Business

Does Trump's Budget Cut Medicaid Funding? No One Seems To Know

The White House made a basic mathematical error when trying to prove that massive tax cuts would pay for themselves and then some, according to a leading economist who advised former President Barack Obama . At a House hearing Wednesday, Democratic Rep. Rosa DeLauro told Perdue that the budget turns the nation's back on the hungry. Lowey said she anxious that Kelly didn't fully understand how important that money is to local jurisdictions, including New York City.

Business

OPEC likely to extend oil output cuts, but price relief elusive

President Donald Trump. USA crude-oil supplies fell by 4.4 million barrels for the week ended May 19, twice what analysts were expecting, while gasoline and other fuel supplies also declined, according to EIA data. Its share of total OPEC net oil export revenues, which was reduced significantly from 2012 to 2015 due mostly to the imposition nuclear-related sanctions, increased to eight percent.

Business

The Australian dollar has dropped after China rating cut

Commenting on the downgrade, PineBridge Investments co-head of Asia fixed income Arthur Lau said the decision was not a shock, given Moody's downgrade of China from "neutral" to "negative" in March. China is now trying to bring debt under control, especially in what is called "shadow banking" which seems to be helping finance the intensifying speculation in commodities (such as iron ore, gold and copper).

Business

OPEC and non-OPEC nations poised to extend output cuts

The upshot is that the price of oil - and derived products like fuel -is unlikely to increase much in coming months, analysts say. Both benchmarks have gained more than 10 percent from their May lows below $50 a barrel, rebounding on a consensus that the Organization of the Petroleum Exporting Countries (OPEC) and other producers, including Russian Federation, would extend their pledge to cut supplies by 1.8 million barrels per day (bpd) to March 2018, instead of just covering the first half ...

Business

Newark Airport temporarily closes after plane engine fire

United spokesman Jonathan Guerin said air traffic control notified the crew about flames coming from one of the engines of the San Francisco-bound plane. The passengers were ferried back to the terminal and would be put on later flights, he added. According to the Port Authority of NY and New Jersey, emergency response teams are at the scene and no injuries have been reported .

Business

Gold steady as market awaits Fed policy cues

The Pound Sterling to US Dollar exchange rate is now stuck around opening levels as markets await the key US Federal Open Market Committee ( FOMC ) meeting minutes . "My expectations are that the pace of interest rate hikes will be kept steady and stable regardless of the short-term fluctuations in the USA economic data", said Mark To, head of research at Hong Kong's Wing Fung Financial Group.

Business

S&P 500 closes at record following Fed minutes

At 13:02 a.m. ET the Dow Jones Industrial Average . DJI was up 31.98 points, or 0.15 percent, at 20,969.89, the S&P 500 . SPX was up 1.51 points, or 0.06 percent, at 2,399.93 and the Nasdaq Composite . 2 US home improvement chain reported a lower-than-expected profit and comparable sales. Nvidia rose 2.8 percent to $140.80 on a report that SoftBank has built a $4 billion stake in the chipmaker.

Business

What's Ahead for Alexion Pharmaceuticals, Inc. (ALXN) After Making 52 Week Low?

Ibm Retirement Fund reported 0.11% of its portfolio in Alexion Pharmaceuticals, Inc . Ubs Asset Mgmt Americas stated it has 883,694 shares or 0.12% of all its holdings. Including today's unusual volume, Alexion Pharmaceuticals, Inc .'s stock is performing at -5.66% on the year. It has underperformed by 34.82% the S&P500.

Business

Indian cabinet approves policy for strategic partnerships in defence

The Cabinet Committee of Security (CCS) on Wednesday put its stamp on the defence ministry's " Strategic Partnership " model to involve the Indian private companies in the manufacture of four high-tech defence equipment - fighter aircraft, helicopters, submarines and armoured vehicles and battle tanks.

Business

Saudi, UAE pledge $100m to Ivanka Trump's fund for women

The central achievement of Trump's visit to Saudi Arabia was almost $110 billion in deals sealed on Saturday in which Riyadh will buy USA arms to help it counter Iran , with options running as high as $350 billion over 10 years. "But we need two willing parties", he continued. Tillerson referred to the visit as "a moment in time" and suggested that the USA would take a more active role in the future in brokering a deal if both sides make serious commitments.


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