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Business

Qatar Airways is once again the best airline in the world

The news comes as American, along with Delta Air Lines and United Airlines , continue to push the U.S. government to open a dialogue with the Qatari and United Arab Emirates governments over open skies. Qatar Airways was named " Airline of the Year " by Skytrax this year. Qatar Airways has downplayed the impact of the dispute on its business, saying on June 14 that the "vast majority" of its network was unaffected.

Business

India not much affected by global malware attack yet: Ravi Shankar Prasad

The attacks appeared to slow down in part because the ransomware appears to spread only when a direct contact exists between two networks — such as when a global company's Ukraine office interacts with headquarters, said Ryan Kalember, a security expert at Proofpoint.

Business

Education Realty Trust Inc. (EDR) Given "Buy" Rating at FBR & Co

The CCI may be used to spot if a stock is entering overbought (+100) and oversold (-100) territory. The rating was maintained by Jefferies with "Hold" on Thursday, August 11. The firm has "Outperform" rating by Credit Suisse given on Friday, October 7. 02/26/2016 - Digital Realty Trust, Inc. had its "neutral" rating reiterated by analysts at JP Morgan.

Business

Fairmount Santrol Holdings Inc. (FMSA) Coverage Initiated at Evercore ISI

Barclays PLC set a $9.00 price target on shares of Fairmount Santrol Holdings and gave the company a buy rating in a research report on Saturday, March 25th. Zacks Investment Research downgraded Fairmount Santrol Holdings from a "buy" rating to a "hold" rating in a research note on Friday, April 21st. According to the past 5 years report, the company on average reported -32.70% year-over-year EPS growth and sales growth was recorded at 4.70%.

Business

US Suspects Syria Is Preparing To Launch Another Chemical Attack

Pentagon spokesman Captain Jeff Davis said the United States had recently seen activity at Shayrat airfield, the same base targeted by a us cruise missile strike on April 6. The White House made it clear on June 27 that the latest warning against Syrian chemical attacks was not aimed only at Assad but targeted his allies as well.

Business

Wall Street holds steady after Fed raises rates

Yellen stated that there is no specific fund rates level that could trigger the process of balance sheet normalization. Supporting that view, members of the policymaking Federal Open Market Committee indicated that they expected one more 0.25 percentage point increase this year and three next year - the same as they had forecast in March .

Business

Meal-kit company Blue Apron slashes IPO valuation expectations

But it's down from the $3 billion that Blue Apron originally hoped to be worth in its IPO. Balancing investor concerns with market realities has proven hard for Blue Apron , and its new valuation and stock pricing reflects a compromise between those two influences.

Business

India approves plan to sell stake in national airline

The NDA government on Wednesday chose to exit the state-run Air India that was in the red with a "legacy debt" of over Rs 52,000 crore, twice more than the value of all its aircrafts, but hasn't made up its mind how it should disinvest its share.

Business

Rice Midstream Partners LP (RMP) Downgraded by Howard Weil to "Sector Perform"

The stock is trading $21.55 its 50-day moving average by -4.1%. Tellurian Inc (NASDAQ:TELL) has risen 656.53% since June 27, 2016 and is uptrending. It has outperformed by 1.87% the S&P500. Liberum Capital maintained the shares of MONY in report on Monday, March 27 with "Hold" rating . Finally, State Street Corp boosted its position in Rice Energy by 7.5% in the first quarter.

Business

AMAZON.COM INC. DL-01 (AMZ.DE) Moves -1.51%

It has a 92.99 P/E ratio. BBSI's goal is to advocate for business owners, particularly in the small and mid-sized business segment. (BBSI) has risen 104.09% since June 28, 2016 and is uptrending. The stock of Trifast plc (LON:TRI) has "Buy" rating given on Wednesday, September 16 by FinnCap. On Thursday, February 4 the stock rating was maintained by Barclays Capital with "Equal-Weight".

Business

Euro gets lift from Draghi, US Senate vote delay dents dollar

Given the commentary from ECB President Draghi , which should be meaningful enough to keep the Euro elevated, EUR/USD may not be the best place to look for a US Dollar recovery around Fed Chair Yellen's comments today. The selloff in eurozone debt has also pushed Treasury yields higher over the past two sessions. Wednesday will see the publication of Italy's preliminary June inflation stats, which are projected to remain at 1.4% year-on-year and improve slightly from -0.2% to 0.1% ...

Business

Bank of England Orders Banks to Boost Capital

Speaking to FTAdviser's sister title the FT earlier this year, Peter Hill, chairman of the Council of Mortgage Lenders (CML) and chief executive of Leeds Building Society, said the current rules were already too onerous, and were "locking people out of the market".

Business

Long term Growth Analysis of Walgreens Boots Alliance, Inc. (NASDAQ:WBA)

Jefferies Group LLC reissued a "buy" rating and set a $95.00 price target on shares of Walgreens Boots Alliance in a research note on Friday, March 31st. HPM Partners LLC boosted its position in Walgreens Boots Alliance, Inc . Shareholders of record on Thursday, May 18th were given a $0.375 dividend.

Business

Co-operative Bank agrees £700m rescue package

The capital raising plan follows talks between the hedge funds and trustees of the £10bn Pace retirement plan, which manages the retirement savings of nearly 90,000 Co-operative Group and bank workers. "We remain unconvinced about the longer-term viability of Co-Op Bank as an independent institution, but this recapitalisation should enable it to meet regulatory capital requirements in the short to medium term".

Business

PM calls for national probe after every high-rise tested reveals flammable cladding

She urged local authorities and housing associations to "get on with the fire safety checks". "Something has clearly gone wrong over a number of years and we need to find out what, why and how to make sure it doesn't happen again", May told the BBC.

Business

Equiniti Group (LON:EQN) New Price Targets

Parametric Portfolio Associate Limited Liability Company accumulated 1.02 million shares. Winslow Evans Crocker accumulated 4,380 shares or 0% of the stock. The rating was maintained by Barclays Capital with "Underweight" on Monday, May 23. Deutsche Bank maintained it with "Hold" rating and GBX 1200 target in Tuesday, November 22 report.

Business

Russia, Ukraine under massive cyber attack

Among the companies reporting problems were global shipping firm Maersk, British advertising giant WPP , French industrial group Saint-Gobain and United States pharmaceutical group Merck . Power suppliers were also compromised, though it has been reported that power remains on throughout the country. Even the Ukrainian Railways, Ukrtelecom, and the Chernobyl power plant have been impacted by the attack.

Business

7th pay commission: Cabinet agrees to hike allowances for govt staff

The wait has been endless with repeated delays, despite the Empowered Committee of Secretaries submitting its report to the Finance Minister Arun Jaitley on June 1. The central government employees have demanded that basic salary should be raised from Rs 18,000 to Rs 24,000 under the 7th Pay Commission. The approval, though delayed, comes with a substantial hike in allowances from the original pay panel recommendations.

Business

Kepler Capital Markets Boosts Whitbread plc (WTB) Price Target to GBX 3600

Investors sentiment increased to 2.25 in 2016 Q4. Bridgeway Mgmt owns 159,000 shares. The stock decreased -1.82% (-4.50) during the last trading session, reaching 242.50 and roughly 337669 shares were bought or sold by traders. 543,000 were reported by Renaissance Techs Limited Liability Corp. The rating was maintained by Deutsche Bank on Tuesday, February 16 with "Hold". GBX 141.23's average target is 53.51% above currents GBX 92 stock price.

Business

European firms hit by 'massive' cyber attack

The attack came just six weeks after more than 150 countries were affected by the so-called ransomware known as WCry, WannaCry or WannaDecrypt0r, which exploited vulnerabilities in the most widely used operating system in the world: Microsoft Windows .

Business

Federation Internationale de Football Association release Garcia Report after leak in German newspaper

FIFA's delay in publishing the full report may have been strategic, in that three years later, it appears the public's initial uproar over the allegations has simmered down. Around 25 investigations have been launched, the Swiss federal prosecution office said this month, using more than 170 suspect bank transactions as evidence.

Business

'Pharma bro' Martin Shkreli's notoriety slows NY jury selection

A potential male juror was excused when he said of Shkreli, "From everything I've read, I believe the defendant is the face of corporate greed in America". The judge denied defense requests to start the selection over and ban reporters from listening in on sidebars. The 34-year-old is accused of stealing millions from a second pharmaceutical company to pay back losses from bad trades in a hedge fund he had on the side.

Business

EU Prolongs Russia Economic Sanctions by 6 Months

The plan taps into divisions among the bloc over doing business with Russian Federation, which covers a third of the EU's gas needs, despite sanctions against Moscow over its military intervention in Ukraine . The offshore section of the pipeline lies outside the EU's jurisdiction where the bloc's single energy market rules won't apply, the Commission argued, pushing the entire project into uncertain legal territory.

Business

Massive ransomware attack hits companies across Europe, US

A spokesperson for worldwide crime agency Europol said: "Europol is aware of multiple reports in the media regarding a developing ransomware attack, we are liaising with cyber units in the member states and key industry partners to establish the full nature of this attack at this time".

Business

Twitter Inc (NYSE:TWTR), Energy Transfer Equity LP (NYSE:ETE)

The stock appeared $6.78 above its 52-week highs and is down -1.59% for the last five trades. BidaskClub downgraded Energy Transfer Equity, L.P. from a sell rating to a strong sell rating in a report on Saturday, June 10th. Todd Asset Ltd reported 16,884 shares. Reilly Advsrs Ltd holds 0% of its portfolio in Energy Transfer Partners LP (NYSE:ETP) for 497 shares. Ci Investments holds 54,100 shares or 0.06% of its portfolio.

Business

Amtrak: 2 workers struck, killed on Washington train tracks

Authorities are now investigating what caused the fatal incident. Amtrak rail service between Washington and Philadelphia remains suspended. CSX said the names of the employees are being withheld for their families' privacy. Amtrak said none of its crew nor passengers - coming from Boston and NY - were injured. Officials said the incident occurred while Amtrak Train 175, heading from Boston to NY, was approaching Washington Union Station at about 11:18 p.m.

Business

Google News Has A New Look To Eliminate The Clutter

Sections like World and Business now feature icons in the dedicated left-hand navigation column. You can jump quickly to news you enjoy, whether it's standard sections like Sports or Entertainment, or those created by you and powered by your queries, such as "Cricket World cup' or "Hollywood', among others".

Business

Body found inside Walmart bathroom in Sand Springs

He says store employees assumed because the door was locked that something in the bathroom needed to be fixed, so they placed an out-of-order sign on the door. In a statement, Walmart said: "We are saddened by this". CCTV footage showed her entering the store on Friday but did not capture her leaving, according to local media.

Business

Syrian Observatory says 30 killed in east Syria air strike

Al Mayadin lies in the Euphrates Valley some 45 kilometres southeast of the provincial capital of Deir Ezzor. It says it takes great pains to avoid harming or killing civilians and investigates all reports that it has done so. The coalition could not immediately be reached for comment. Islamic State is believed to have moved most of its leaders to al-Mayadeen in Syria's Euphrates Valley, southeast of the group's besieged capital Raqqa, two USA intelligence officials have said.

Business

Micron Technology, (MU) Rating Reduced to Buy at BidaskClub

Meeder Asset Management invested in 3,386 shares. For the Current Quarter, the growth estimate for Micron Technology, Inc .is 1975%, while for the Next Quarter the stock growth estimate is 3220%. MU's profit would be $1.55 billion giving it 5.92 P/E if the $1.37 EPS is correct. The move follows Broadcom's ( AVGO ) earlier this month easily topping Wall Street expectations with its fiscal Q2 financial results and exceeding analyst projections with its revenue forecast for the current ...

Business

Draghi: ECB will be cautious in adjusting stimulus effort

The euro moved upward to its highest point in more than a week versus the USA dollar Tuesday after Mario Draghi the President of the European Central Bank said factors that were weighing on inflation across the common currency zone were for the most part temporary and that the Bank could look beyond them.

Business

Another big malware attack ripples across the world

The food company Mondelez , legal firm DLA Piper , Danish shipping and transport firm AP Moller-Maersk and Heritage Valley Health System , which runs hospitals and care facilities in Pittsburgh, also said their systems had been hit by the malware .

Business

GoldenEye Ransomware Cyber Attack Hits Business and Government Agencies Across Globe

The strain is most likely Petya , which encrypts Master File Tree (MTF) tables and overwrite the Master Boot Record . "We can confirm that Maersk IT systems are down across multiple sites and business units due to a cyber attack ", the company stated on Twitter .

Business

Hackers strike across Europe, sparking widespread disruption

Several multinational companies said they were targeted, including U.S. pharmaceutical giant Merck , Russian state oil giant Rosneft, British advertising giant WPP and the French industrial group Saint-Gobain. Rosneft said on Twitter that because it had switched to a reserve control system, its oil production wasn't stopped . A message demanding money is seen on a monitor of a payment terminal at a branch of Ukraine's state-owned bank Oschadbank after Ukrainian institutions were ...

Business

Cliffs Natural Resources Inc(NYSE:CLF), Nokia Oyj (ADR)(NYSE:NOK)

The stock remained 1.31% unpredictable for the week and 1.52% for the month. About shares traded. Newfield Exploration Co. Cliffs Natural Resources Inc (NYSE:CLF) has risen 122.26% since June 28, 2016 and is uptrending. Barclays Capital has "Equalweight" rating and $152 target. This increase is typical for the uptrend and shows the considerable optimism among investors.


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