Markets

UK's Hammond calls for smooth Brexit to avoid cliff edge

UK's Hammond calls for smooth Brexit to avoid cliff edge The European Union said after a first day of talks on Britain's exit from the 28-member bloc that the clock was ticking on negotiations, but British Brexit minister David Davis said he was optimistic they would yield a swift and good outcome. [Full Article...]

Fed: Biggest US banks strong enough to withstand recession

Fed: Biggest US banks strong enough to withstand recession Other banks serving the Triad required to conduct the stress test are Bank of America Corp., Fifth Third Bancorp, PNC Financial Services Group Inc., SunTrust Banks Inc. The tests compare the losses projected for each bank with its capital. Banks now have an opportunity to resubmit those plans if they find their own projections were much sunnier than the Fed's. [Full Article...]

Amazon to buy Whole Foods for $13.7b

Jon Hauptman, senior director of retail for grocery consulting firm Willard Bishop in Long Grove, Ill., said e-commerce in the supermarket industry is not highly developed. These three have begun offering some of what Whole Foods offers, forcing the supermarket chain to cut prices. The deal also allows Whole Foods co-founder and CEO John Mackey to remain as head of the company he started. [Full Article...]

Court approves Marsh deals to sell 26 grocery stores

Court approves Marsh deals to sell 26 grocery stores CVS acquired the Marsh pharmacy accounts and inventory for $38 million. "Earlier this year, Fresh Encounter purchased Remke Markets" 10 stores in the Cincinnati area. Gershman Partners and Citimark, the local development team that owns Lockerbie Marketplace on the east side of downtown, want assurances that Fresh Encounter has the financial wherewithal and operational savvy to fully perform un... [Full Article...]

US retail sales post biggest drop in 16 months

The U.S. Labor Department said Wednesday that the consumer price index edged down 0.1% last month following a small 0.2% increase in April. A double dose of weak retail and inflation data sent the 10-year Treasury yield tumbling 6 basis points to 2.15%, near a seven-month low. [Full Article...]

Oil prices edge up as Saudis limit exports to Asia, US

US crude fell 3.57 percent to $44.80 per barrel and Brent was last at $47.01, down 3.51 percent on the day. The rise for gasoline stockpiles contradicted expectations for a decline of between 500,000 barrels and 1.5 million barrels forecast by Citi Futures-and the decline for crude supply was smaller than expectations for a 2 million- to 3 million-barrel fall. [Full Article...]

Gary Neville's verdict after Scotland 2-2 England

And the former Celtic boss was clearly frustrated as he flung a bottle during an X-rated tantrum. I think there is great potential, there is a desire on their part, they are showing pride in playing for the shirt but of course we have an enormous journey to go on to match teams who have already won World Cups and European Championships with players who are Champions League winners regularly and ... [Full Article...]

Davidson rejects claims she is forming breakaway party

The Scottish Daily Telegraph's Alan Cochrane said: "The story was impeccably sourced and I stand by every word". The DUP and Conservative party will work together in the coming days to strike a policy pact. Ruth Hunt, chief executive of Stonewall, said the charity was "deeply anxious" about any DUP involvement in the new government given the party's poor record on LGBT rights. [Full Article...]

Deutsche Bank AG Reaffirms Hold Rating for St. James's Place plc (STJ)

Deutsche Bank AG Reaffirms Hold Rating for St. James's Place plc (STJ) Moreover, Darsana Capital Partners Lp has 5.86% invested in the company for 1.40 million shares. The Firm is engaged in developing therapies that enable the immune system to attack tumors. The legal version of this report can be accessed at https://sportsperspectives.com/2017/05/26/bt-group-plc-bt-price-target-cut-to-gbx-340-updated.html. [Full Article...]

GSEB SSC Class 10 result 2017 declared @ gseb.org

GSEB SSC Class 10 result 2017 declared @ gseb.org It is estimated that more than 5 lakhs of students appeared for this 12 class board examinations. According to the reports, overall pass percentage for 2017 stands at 56.82 per cent for the general stream which is one percent higher than last year's - 55.82 per cent. [Full Article...]

Owner says Three Mile Island plant to shut down in 2019

Owner says Three Mile Island plant to shut down in 2019 Crane cited Pennsylvania's refusal to include nuclear power in the state's Alternative Energy Portfolio Standard, which requires a certain proportion of electricity to come from renewable energy resources like wind, hydro and solar energy. [Full Article...]

Qatar says state news website hacked, fake article published

Gamal Sultan commented to Daily News Egypt on the necessity of an Egyptian response, saying that Egypt does not need to respond, as if the statements were true and not fabricated, so this is a confirmation of Egypt's accusation against Qatar. [Full Article...]

Germany must not isolate itself with Greece stance: Foreign Ministry

Euro zone finance ministers and the International Monetary Fund will seek a deal on Monday on Greek debt relief that balances the IMF's demand for a clear "when and how" with Germany's preference for "only if necessary" and "details later". [Full Article...]

Union for AT&T workers in Colonie threaten to strike

The strike is only scheduled to last three days. The union is also fighting the spread of "authorized retailers", which are run on a non-union franchise basis and maintain notoriously poor working conditions. Another 2,000 are DirecTV workers in California and Nevada. Union bargaining across AT&T Mobility is split up across different regions of the country, with different contracts covering ... [Full Article...]

Stocks sell off on Trump concern; dollar at Nov low

Stocks sell off on Trump concern; dollar at Nov low President Donald Trump tried to interfere with a federal investigation set off alarm bells on Wall Street. The U.S. dollar index touched its lowest since early November on Tuesday, hurt by weaker-than-expected U.S. S&P 500 e-mini futures dropped as much as 0.7 percent overnight before paring the slide to 0.4 percent 90 minutes before the open. At almost 18 times forward earnings, the S&P 500... [Full Article...]

Elliott wants a review of BHP petroleum

Elliott wants a review of BHP petroleum But Elliott still says BHP is a chronic underperformer and must spin off its US oil business and adopt a consistent plan of buying back shares. These include further cost cuts to support a 10% increase in its value and a US$5bn investment in latent capacity across the portfolio, which Mackenzie said could add more than 20% to current production at an average return of 75%. [Full Article...]

Investors Catching Stocks Cisco Systems, Inc. (CSCO)

Investors Catching Stocks Cisco Systems, Inc. (CSCO) The legal version of this report can be accessed at https://baseballnewssource.com/markets/cardinal-capital-management-inc-acquires-13565-shares-of-cisco-systems-inc-csco-updated/718599.html. Shares price moved down from its 50 days moving average with 2.21% and remote positively from 200 days moving average with 9.76%. (NASDAQ: CSCO)'s weekly and monthly volatility is 1.14%, 1.00% respectively. [Full Article...]

U.S. housing data, political turmoil hit dollar; stocks flat

U.S. housing data, political turmoil hit dollar; stocks flat The greenback weakened broadly following reports U.S. President Donald Trump shared sensitive intelligence with Russia's foreign minister in a meeting last week. Analysts said the controversy around Trump has raised fears that he might not last a whole term and that, even if he did, there were too many distractions for him to be able to successfully push through his economic stimulus programme. [Full Article...]

After Tesla Acquisition, Musk's Cousin to Leave SolarCity -- Tech Roundup

Lyndon Rive, the CEO and co-founder of SolarCity prior to its acquisition by Tesla, will leave the automaker/energy company in June. Rive told Reuters on Monday he is leaving to pursue a new startup sometime next year. Throughout his decade at the helm of the company, Rive had a populist vision of making rooftop solar energy affordable to all in an effort to curb demand for fossil fuels and ... [Full Article...]

Pippa Middleton's 'elegant' wedding dress design revealed

Pippa Middleton's 'elegant' wedding dress design revealed The high-profile nuptials are scheduled for this Saturday at St Mark's Church near the Middleton home. That's right, everyone, the time is near-the week we have all been waiting for is upon us: Pippa Middleton is set to marry James Matthews this weekend in London. [Full Article...]


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