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CEOs Who Have Quit Advising Trump in Protest This Year

Merck CEO Kenneth Frazier quit President Trump's manufacturing council on Monday after Trump failed to condemn white supremacists. Frazier, an African-American, was quoted by media as saying that he was leaving the council because United States leaders must "clearly reject expressions of hatred, bigotry and group supremacy".

Business

Trump condemns African-American CEO who stepped down from panel after Charlottesville

He chose to leave the council after Trump again said Tuesday that blame fell on "both sides" for the violence that erupted. Some corporate officials who did not resign earlier in the week issued statements critical of Mr. As a result of the departures, Trump took to Twitter Tuesday morning to criticize the executives, saying he would not have any issue locating their replacements.

Business

Grassley Says $465M EpiPen Settlement Likely Shortchanges Taxpayers

The Swiss drugmaker, which also develops an EpiPen competitor product, Auvi-Q, filed the initial qui tam complaint against Mylan in 2016. The law allows individuals and companies to sue on behalf of the government over improper charges to government programs and to receive a share of any money recovered.

Business

YouTube TV Available in 31 More Cities

Petersburg/Sarasota . YouTube TV is now available in 29 markets, covering 50 percent of USA households, and it will soon add 17 more markets. Since its launch in April, YouTube TV says over half of its viewership come from 18- to-34-year-old millennials - much younger than for traditional TV, where over half its audience is over 49 years old.

Business

Pink and Christina Aguilera have finally repaired their 16-year-long feud

And the "So What" singer fired back: "Want to point out an terrible new phenomenon of the last 10'years". We can no longer be happy for each other. In a follow-up tweet, Pink shared on Wednesday: "Music brings us all together. She told Entertainment Weekly at the time, "her and I have had history and it hasn't always been wonderful". She said: 'I took it really personally when she started working with other artists, particularly artists that I didn't like, ' she said.

Business

'Up to her neck in it': Citizenship saga gets ugly

Mr Joyce is mired in a transtasman citizenship row after it was found he entered Australia's Parliament as a New Zealand citizen because of his father's Kiwi lineage. It's a bitter revelation for Joyce, not just because of the potential consequences for his career but because he was so sure when asked earlier. Joyce threatened to have the Yorkshire terriers euthanized after saying they were smuggled into Australia in 2014 where Depp was filming the fifth installment of the "Pirates of the ...

Business

Big Yellow Group plc (BYG) Rating Reiterated by Peel Hunt

It closed at $49.95 lastly. It is down 27.18% since August 16, 2016 and is downtrending. It has underperformed by 15.89% the S&P500. Canaccord Genuity cut their target price on shares of Novae Group Plc from GBX 680 ($8.97) to GBX 635 ($8.38) and set a hold rating on the stock in a research note on Wednesday, May 10th.

Business

Huge relief for knee implant patients as regulator caps prices

The cancer patients , who need an implant, will now have to pay Rs 1,13,950 for specialized implants. About 1.5 crores to 2 crores of patients are estimated to be in need of arthroplasty intervention. These are the most widely used knee implants. The new ceiling price for Titanium and Oxidised Zirconium implants is 69% lesser than its earlier average MRP.

Business

Makes Bold Prediction: Conor McGregor On Conan O Brien

In a recent interview with ESPN , McGregor predicted he would knock out Mayweather in just two rounds. if they fought in 8-ounce gloves. Following requests from both fighters the Nevada State Athletic Commission has confirmed a one-off rules change and agreed to drop the glove size from 10oz.

Business

SocGen: Euro's Setback Against Dollar and Pound Sterling Only Temporary

Inflation has eased slightly since May when it hit an nearly four-year high of 2.9 percent, but prices are still rising faster than wages. Telecommunication and fruit and vegetable prices pulled down the figure most. From the Eurozone, finalized July inflation numbers are scheduled for release alongside July's trade figures, which are forecasted to be Euro positive, though core inflation is going to continue to sit well short of the ECB's objective, holding back any prospects of a near-term ...

Business

ECB Worries About Strength of Euro, EUR/USD Drops to Three-Week Low

ECB's July minutes voiced concerns over euro's strength. The dollar gained 0.6% against the single currency to $1.1699, while the pound added 0.5% to €1.1007. As yet there were no convincing signs of a sustained upward adjustment in underlying inflation. At its July meeting, the European Central Bank chose to delay a discussion about whether to taper off its bond-buying scheme.

Business

Engagement Ring Carrot: Woman Reunited With Long-Lost Band

Now, in a surprising and odd turn of events, 84-year-old Grams has been reunited with her long-lost engagement ring when it turned up fitted around a carrot picked from the family farm by her daughter-in-law, Colleen Daley. While Grams tirelessly searched for the ring, after a time, she gave up and purchased herself a new ring, hoping her husband wouldn't notice, Good House Keeping writes.

Business

Infosys share buyback: Stock trading over 3% higher on yesterday's announcement

Shares of Infosys advanced over 3 per cent in early trade on Thursday after the company announced that it will consider a proposal for buyback of its equity shares at its meeting to be held on August 19. The Securities and Exchange Board of India (Sebi) has approved Infosys' and also offered a solution for participation by holders of the company's American Depository Receipts (ADRs) and Global Depository Receipts (GDRs), the Business Standard reported.

Business

Shares Seesawing on Volume: JB Hi-Fi Ltd

The rating was maintained by Shore Capital on Tuesday, March 1 with "Sell". Buckingham Research has "Neutral" rating and $18 target. WARNING: "Meggitt plc (MGGT) Earns Overweight Rating from Barclays PLC" was posted by Chaffey Breeze and is owned by of Chaffey Breeze.

Business

Kingfisher decidedly under the weather as B&Q's LFL sales slump

The firm highlighted the fact that bad weather between May and July - compared to sunnier conditions in the previous quarter and over the same period a year ago - contributed to the fall. Russ Mould, AJ Bell's investment director, was prepared to cut the new management some slack. B&Q saw its like-for-like sales decline nearly 5% overall, while Screwfix received a 10.8% boost.

Business

Crude Falls as Production Figures Offset Stockpile Declines

The draw compares to analyst expectations of a draw of 3.6 million barrels for the week ending August 11. Brent crude futures are now trading at around $50 per barrel versus around $56 at the beginning of the year. Crude oil exports also rose, jumping to 877,000 bbl/d from 707,000 bbl/d. Oil futures struggled for direction on Thursday, a day after heavy selling that came on the back of data showing USA oil production has jumped to an over two-year high.

Business

Don't Shun Wal-Mart Stores Inc (WMT) Stock After Q2 Earnings Selloff

Riverhead Ltd Limited Liability Company owns 1.26% invested in Wal-Mart Stores Inc (NYSE: WMT ) for 296,501 shares. About shares traded. Five Star Senior Living Inc (NYSE:FVE) has declined 9.09% since August 17, 2016 and is downtrending. Walton sold 3,278,735 shares of the business's stock in a transaction that occurred on Thursday, June 8th. Stephens raised Wal-Mart Stores from an "equal weight" rating to an "overweight" rating and upped their price target for the stock from $78.00 to $91.00 ...

Business

Brave Asset Management Inc. Sells 3700 Shares of Cypress Semiconductor Corporation (CY)

Cypress Semiconductor Corporation (CY ) performance during the last one year Improved 19.84 percent, while its year to date (YTD) performance showed a Positive trend of 18.27 percent. On average, analysts anticipate that Lattice Semiconductor Corporation will post $0.19 earnings per share for the current fiscal year. Investors of record on Thursday, September 28th will be given a dividend of $0.11 per share.

Business

Tesla Has Another Rival as Hyundai Unveils EV Plans

A potential explanation is that people are surprised to hear about new EVs from Hyundai as they still say that hydrogen fuel cell is the future of zero-emission vehicles. " Hyundai Motor plans to take a multi-pronged approach to its eco-vehicle program", it says. In 2021, its luxury brand Genesis will unveil an electric vehicle model as well.

Business

Stocks close off highs, dollar off on Trump chaos, Fed minutes

Meanwhile, employers added a healthy 209,000 jobs in July and the unemployment rate ticked down to 4.3%, matching the lowest level in 16 years. "The minutes of the July meeting indicate that many participants still view the recent weakness in consumer prices as transitory, and that most expect inflation to rebound in the coming years", said Royce Mendes, director and senior economist at CIBC Capital Markets in Toronto.

Business

Shares, US dollar climb as North Korea fears abate

Asian shares rallied and the dollar firmed, as North Korean leader Kim Jong Un said he would watch the actions of the United States for a while longer before making a decision on firing missiles towards U.S. Also weighing on the yellow metal was the prospect of another increase in US interest rates this year, with one influential Federal Reserve member backing the move.

Business

Macquarie Reiterates Outperform Rating for BHP Billiton plc (LON:BLT)

Finally, Lazard Asset Management LLC raised its position in BHP Billiton Limited by 1.8% in the first quarter. Hedge funds and other institutional investors have recently bought and sold shares of the company. General Motors Company was covered by a number of analysts recently, 1 rated the stock as Buy, 1 rated Outperform, 2 rated Hold, 0 gave an Underperform and 0 rated sell.

Business

Intel CEO Leaves Trump Biz Advisory Board

Frazier said he was acting on a "matter of personal conscience". There's one other prominent Big Pharma CEO on the manufacturing council, J&J CEO Alex Gorsky , and the company has been unresponsive in the face of questions on Gorsky's position on Frazier's move, and whether he would be staying on after Intel's Brian Krzanich and Under Armour's Kevin Plank followed Frazier out of the group.

Business

Instagram adds comment threads, hopes you "get inspired and connect with others"

With the latest update the company is now adding a new "Comment Threads" option for users. Many years ago, someone on the internet invented comment threads to make conversations easier to follow. The firm hopes that this new update will "make your feed an even better place to share interests, get inspired and connect with others". Comment threads can be found in any version of the Instagram app above version 24.

Business

Cisco's Q4 marred by losses despite revenue beat

Heathbridge Capital Management Ltd.'s holdings in Cisco Systems were worth $28,093,000 at the end of the most recent reporting period. Clarkston Capital Partners LLC's holdings in Cisco Systems were worth $31,259,000 as of its most recent filing with the SEC.

Business

CEOs of Under Armour, Intel & Merck quit Trump's manufacturing council

Trump swiftly hit back at Frazier on Twitter, saying the CEO would now "have more time to LOWER RIPOFF DRUG PRICES!". The President added that he believed economic growth in the USA would heal its racial divide. Earlier on Monday, Kenneth Frasier, CEO of the pharmaceutical giant Merck, resigned. Merck has 25,000 USA employees in all 50 states and has invested $50 billion in research and development since 2010, primarily in the United States.

Business

Trump lashes out after drugs giant CEO resigns from advisory council

The president added that he believes economic growth in the US will heal its racial divide. A 20-year-old man said to have harboured Nazi sympathies as a teenager was due in court on Monday to face charges he ploughed his vehicle into protesters opposing the white nationalists, killing Heather Heyer and injuring 19 people.

Business

Trump says CEOs who quit his council are 'grandstanders'

Krzanich blamed a "divided political climate" for his departure. "I am stepping down from the council to focus on inspiring and uniting through power of sport", Under Armour CEO Kevin Plank said on Twitter. "We must resign on behalf of America's working people, who reject all notions of legitimacy of these bigoted groups", Trumka said in a statement. There have been other departures from major councils created by the Trump administration that were tied to its policies.

Business

Missing engagement ring found on garden carrot 13 years later

Mary Grams , 84, said she can't believe the lucky carrot actually grew through and around the diamond ring she had long given up hope of ever finding again. Now, she said she believed if her husband was around, he might have gotten a kick out of the whole story. The carrot looks a bit like a finger wearing a ring , she said.

Business

AstraZeneca plc's (LON:AZN) "Buy" Rating Reaffirmed at Deutsche Bank AG

Want to see what other hedge funds are holding AZN? Astrazeneca PLC had a return on equity of 35.90% and a net margin of 17.80%. The stock rose 0.01% or $0.02 reaching $178.92 per share. AstraZeneca plc (ADR) (NYSE:AZN) has risen 19.45% since August 16, 2016 and is uptrending. The firm's revenue was down 9.9% compared to the same quarter a year ago.

Business

Urban Outfitters Inc (URBN) Has Stock More Room to Run

Shapiro Capital Management LLC increased its stake in Urban Outfitters by 586.5% in the second quarter. (NASDAQ: URBN ), 8 have Buy rating, 2 Sell and 20 Hold. According to Zacks brokerage recommendations, Urban Outfitters, Inc . As of July 31, 2017, total inventory decreased by $2 million, or 0.6%, on a year-over-year basis.

Business

Monarch Capital Management Inc. Purchases 10120 Shares of Target Corporation (TGT)

A number of other hedge funds have also recently modified their holdings of the stock. 1832 Asset Management Lp increased Alphabet Inc stake by 38,656 shares to 137,148 valued at $108.19 million in 2016Q4. The business also recently disclosed a quarterly dividend, which will be paid on Sunday, September 10th. This represents a $2.48 dividend on an annualized basis and a dividend yield of 4.56%.

Business

Tech companies, law profs agree

In 2011, federal prosecutors obtained court orders requiring Sprint and MetroPCS to turn over 127 days' worth of cell phone location records for Timothy Carpenter, a suspect in robberies in MI and Ohio. Three years ago, the Supreme Court unanimously ruled that police need to obtain a warrant before searching a suspect's cell phone. Carpenter's representation, the American Civil Liberties Union, states that the government is in violation of the Fourth Amendment rights.

Business

Donald Trump lashes out at Amazon over taxes, jobs

Trump appeared to revive an argument that Amazon has an unfair advantage over other retailers by avoiding sales taxes . "Towns, cities and states throughout the U.S. He claimed that Amazon's stock would "crumble like a paper bag" if it could not use this tax arrangement. - Donald J. Trump (@realDonaldTrump) December 7, 2015The @ washingtonpost , which loses a fortune, is owned by @ JeffBezos for purposes of keeping taxes down at his no profit company, @ amazon .

Business

Melbourne ranked world's most liveable city for seventh year in a row

Known as Australia's cultural, shopping, music and nightlife capital, and revered for its unique laneways and small bar culture, parks and gardens and creative communities - as of 2017, Melbourne has enjoyed the top spot in the list for seven years in a row.


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