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Fed ties rate hike to economic rebound

Dow e-minis were up 3 points, or 0.01 percent, with 13,477 contracts changing hands. The news helped propel Wall Street to a fifth-straight day of gains, with the S&P 500 hitting another record, as the sharp losses suffered last week were reversed.

Business

Melania Trump slaps the president's hand away again - this time in Rome

While shaking Trump's hands at the welcome ceremony, the right-wing education minister reportedly asked the US president to recognize Jerusalem as Israel's undivided capital. The meeting with Abbas in the West Bank town of Bethlehem came a day after Trump met with Israeli Prime Minister Benjamin Netanyahu . Trump's rhetoric matches the reality on the ground: Since Israel is one of the top recipients of US military aid, negotiators won't see Washington as a neutral party even if the ...

Business

Brazil's president Michel Temer accused of corruption

It is unlikely the court would do that, as it authorised the opening of the investigation into Mr Temer in the first place and ordered it made public. Temer could be removed from office by different means, including via an impeachment process or a separate one whereby the lower house votes to put him on trial before the Supreme Court.

Business

Signet Jewelers Limited (NYSE:SIG) Tumbled -7.76% in Pre-Session

Signet Jewelers Ltd . has a 1-year low of $52.63 and a 1-year high of $109.09. Morris Capital Advisors LLC now owns 3,815 shares of the company's stock worth $264,000 after buying an additional 213 shares in the last quarter. Stockholders of record on Friday, April 28th will be issued a dividend of $0.31 per share. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.

Business

Travel ban judges press Justice Department attorney on Trump's campaign comments

His executive order would temporarily suspend the US refugee program and halt new visas for nationals of six mostly Muslim countries. "How is a court to know if it's in fact a Muslim ban in the guise of national security justification", asked Circuit Judge Ronald Gould , one of three from the 9th Circuit Court of Appeals considering the case.

Business

House panel will subpoena Flynn in Russian Federation probe

Sen. Mark Warner said in an interview with CNN's Dana Bash at the Peterson Fiscal Summit that he respected Flynn's decision to invoke his right against self-incrimination but said they will have news later Tuesday related his panel's next steps.

Business

Dollar Tree, Inc. (DLTR) Releases Earnings Results, Hits Expectations

Traders purchased 8,347 put options on the company. RBC Capital Markets maintained the shares of DLTR in report on Wednesday, November 25 with "Outperform" rating. The company reported an impressive total revenue of 20.72 Billion in the last fiscal year. Equities research analysts anticipate that Dollar Tree, Inc .

Business

Trump willing to try engagement with N.Korea, on condition

On Sunday, North Korea launched what appeared to be its longest-range ballistic missile yet, saying it was capable of carrying a "heavy nuclear warhead" in a test aimed at bringing the United States mainland within reach. "We are now at the stage of pressure and sanctions, but under certain circumstances, we are willing to create peace (with Pyongyang) using engagement", President Trump told Hong Seok-hyun, an envoy for the recently elected South Korean President Moon Jae-in.

Business

NZ cricketer drives home drunk because of dead parrot

Along with community work Bracewell has also been disqualified from driving for a year. On March 18, Bracewell, 26, was pulled over by police while driving in Hastings, where he returned a breath-alcohol reading of 783 micrograms per litre of breath, which is more than three times the legal limit.

Business

International Monetary Fund demands more from eurozone on Greek debt relief

France's Finance Minister Bruno Le Maire, center, talks with Italy's Finance Minister Pier Carlo Padoan, right, and Greece's Finance Minister Euclid Tsakalotos prior to a meeting of Eurogroup finance ministers at the. The IMF has argued that the eurozone forecasts underpinning the Greek bailout are too rosy and that the country as a result should get substantial debt relief so it can start growing on a sustainable basis following a depression that's seen the economy shrink by a quarter and ...

Business

Graco recalls car seats; webbing may not hold child in crash

The models affected were produced between May 16th, 2014 and August 1st, 2014. "Over the past 60 years, safety has been and will continue to be our priority at Graco", the company notes . Contact Graco customer service at 1-800-345-4109. The recall should begin on July 17, 2017, adds the NHTSA . The company says the My Ride 65 convertible auto seats were sold across the country, between May 14 2014 and July 30th, 2014.

Business

OPEC aims to extend supply curbs as oil glut persists

And U.S. producers are poised to expand more, even if prices tick upward only moderately as a result of an oil-cut extension by OPEC and its partners. As such, OPEC no longer holds the power to control oil prices but what the group can do is create a shift in the term structure of oil, which will create a backwardation scenario where spot prices above forward prices.

Business

Comey to testify in 'open session' of Senate Intelligence Committee

Many Democrats earlier had sharply criticized Rosenstein for writing the memo the Trump White House initially used to justify Comey's firing . Trump has insisted at times that the decision was his alone, but he also has pointed - as recently as Thursday - to the "very strong" recommendation from Rosenstein.

Business

Sentiment Change Report: Cracker Barrel Old Country Store Inc (NASDAQ:CBRL)

Ftb holds 860 shares. It also reduced Sherwin Williams Co (NYSE:SHW) stake by 11,991 shares and now owns 165,867 shares. It has underperformed by 6.37% the S&P500. Moreover, Lee Danner & Bass Inc has 0.04% invested in Cracker Barrel Old Country Store, Inc . (NasdaqGS: CBRL ) is 10.865346. The Return on Invested Capital is a ratio that determines whether a company is profitable or not.

Business

Parkwood LLC Boosts Stake in Nucor Co. (NUE)

It has outperformed by 30.89% the S&P500. Corporate insiders own 0.63% of the company's stock. Nucor Corp Com now has $19.33 billion valuation. It closed at $58.64 lastly. Similar statistics are true for the second largest owner, Vanguard Group Inc, which owns 25,254,158 shares of the stock are valued at $1.43 billion. The stock has "Hold" rating by Standpoint Research on Monday, December 28.

Business

Global ransomware attack is similar to North Korean-orchestrated hacks, expert says

In the case of Sony Pictures, hackers sought to prevent the release of The Interview , a film that mocked North Korean leader Kim Jong-un. Lazarus launched an attack on the Bangladesh central bank's account at the Federal Reserve Bank of NY from an IP address in North Korea , according to Kaspersky Lab .

Business

Coronation Fund Managers Ltd. Reduces Position in Yum China Holdings Inc (YUMC)

The stock's quarterly performance specifies a shift of -5.67%, and its last twelve month performance is stands at 13.11% while moved -7.55% for the past six months. It was reported on May, 24 by Barchart.com . Analysts expect Yum! Brands, Inc . Brands, Inc. will post $2.77 earnings per share for the current year.

Business

GOP Bill Could Undercut Some Coverage In Job-Based Insurance

John's Well Child & Family Center in Los Angeles on Thursday, May 18. More women than men have medical conditions that would've disqualified them for individual coverage before the ACA - 29.4 million women versus 22.8 million men, which isn't entirely explained by pregnancy, Kaiser found .

Business

Israeli-Palestinian peace deal: It's much harder than Trump thinks

Other Israeli ministers sang from the same song sheet as Netanyahu , suggesting a coordinated government campaign to exploit the Manchester tragedy. "I am truly hopeful that America can help Israel and the Palestinians forge peace, and bring new hope to the region and its people", Trump said .

Business

OPEC Members Meet In Vienna To Discuss Extending Oil Production Cuts

Constitutional changes in 2013 have slowly begun to attract capital to the second-largest Latin American economy, but low oil prices have hindered Mexico City's efforts. Oil's earlier price decline, which started in 2014, forced Russian Federation and Saudi Arabia to tighten their belts and led to unrest in some producing countries including Venezuela and Nigeria .

Business

Mortgage rates sink to their lowest levels of the year

A month ago, the average rate on a 30-year fixed mortgage was higher, at 3.92 percent. Large (in eligible areas) 30 year refinance fixed rate mortgage interest rates are 3.875% and an April of 3.527%. Meanwhile, falling rates drove applications higher last week as homeowners rushed to refinance. Loan rates often rise and fall because of mortgages traded by banks in financial markets that partially track with the stock market.

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.


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