Business

OPEC ministers meet with Russian Federation to bolster oil prices

OPEC ministers meet with Russian Federation to bolster oil prices Novak said talks in Istanbul were "constructive" and "mechanisms" of cooperation between OPEC and non-OPEC countries were discussed. The IEA said global oil supply hit 97.2 million barrels a day in September, up 600,000 barrels a day compared to August, and 200,000 b/d higher year-on-year. [Full Article...]

Alaska unemployment rate continues to rise, labor report finds

Alaska unemployment rate continues to rise, labor report finds The comparable estimates for the nation were 5 percent in September, 4.9 percent in August and 5.1 percent a year ago. In general, according to state officials, the state's nonfarm payroll job gains for the year remain above the USA average but on a slower track due to weakness in the manufacturing and oil-and-gas sectors. [Full Article...]

Chelsea 4 Manchester United 0: Rampant Blues humble returning Mourinho

Chelsea 4 Manchester United 0: Rampant Blues humble returning Mourinho Chelsea climbed to fourth - the minimum target for Conte to return the team to the Champions League. Referring to Mourinho's two title-winning stints at Stamford Bridge , Gudjohnsen wrote: "Jose still knows how to get the best out of Chelsea! ". [Full Article...]

Winx Easily Wins Second Straight Cox Plate

Winx Easily Wins Second Straight Cox Plate Hartnell held on for second from Yankee Rose , while European raider Vadamos was fourth after cutting out the early running. Winx heralded the greatest market share of bets for success in the Cox Plate and did her chances of successfully defending her 2015 crown no harm when jumping well and taking an ideal position within the field of eleven, as Black Heart Bart , Hartnell and Aweso... [Full Article...]

BAT offers to buy Reynolds in $47 billion deal

The company's net profit margin has achieved the current level of 43 percent and possesses 57.9 percent gross margin. Because BAT already has such a big holding in the U.S. MILAN, Oct 21 European shares inched higher on Friday, buoyed by a $47 billion tobacco buyout plan and some well-received earning updates from companies including Europe's largest software maker SAP. [Full Article...]

Massive trade deal between Canada and EU held up by tiny Wallonia

Theresa May has reportedly told her cabinet that if the United Kingdom takes the "hard" Brexit option, it will have to increase trade with other trading partners by 37% - a tall order for any economy, and particularly difficult without any idea of what sort of relationship the United Kingdom will have with non-EU partners post-Brexit. [Full Article...]

Indian bank authorities say 3.2 million debit cards hacked

Amid a sense of panic among Indian customers after 3.2 million debit cards were declared to be at risk from fraudsters who had stolen crucial data allowing them to siphon off funds, the Indian government today assured the nation that there is no need to panic as an enquiry is underway and the computer trail leading to the guilty will be discovered soon. [Full Article...]

Duterte backtracks on Philippines' 'separation' with US

US State Department spokesman John Kirby said the America was "baffled by this rhetoric" and that Assistant Secretary of State Daniel Russel would be in Manila this weekend and would try to get some answers. Around 17 million people, or almost a third of the adult population, smoke in the Philippines, according to a 2014 report by Southeast Asia Tobacco Control Alliance, - the second highest in ... [Full Article...]

Samsung sends fire-proof boxes for Galaxy Note 7 returns

Samsung sends fire-proof boxes for Galaxy Note 7 returns Samsung Electronics Canada Inc. of Mississauga, Ont., has advised consumers to return the phones to the stores where they were bought. The fiasco of Samsung's fire-prone Galaxy Note 7 smartphones - and Samsung's stumbling response to the problem - has left consumers from Shanghai to NY reconsidering how they feel about the South Korean tech giant and its products. [Full Article...]

(GE) Has Dropped To An 8-Month Low After Q3 Report

General Motors Company makes up approx 0.38% of Edge Wealth Management's portfolio.Highland Capital Management reduced its stake in GM by selling 95 shares or 0.06% in the most recent quarter. Stockholders of record on Monday, September 19th will be issued a dividend of $0.23 per share. Barclays PLC set a $32.00 price target on General Electric and gave the company a "buy" rating in a report on Mo... [Full Article...]

52 seek medical care after Kansas chemical spill

52 seek medical care after Kansas chemical spill The town said a few hours later that the plume had dissolved, and it was safe to go outside. Twenty total patients were sent to Mosaic Life Care in nearby St. The city says the fog has lifted and the situation is improving. A smaller explosion destroyed one wall of a production warehouse this past February. [Full Article...]

See How Much Premiums Will Increase Under Obamacare in These 14 States

See How Much Premiums Will Increase Under Obamacare in These 14 States Last week, Governor Wolf announced that Pennsylvania's overall uninsured rate has dropped to 6.4 percent, according to recently released data from the US Census Bureau - well below the national average of 9.1 percent and 15th lowest in the US. [Full Article...]

Reliance Industries quarterly profit falls 23%

Reliance Industries quarterly profit falls 23% That beats a 72.4 billion-rupee average of 14 analyst estimates compiled by Bloomberg. Profit after tax excluding exceptional items was higher by 43.1 perc ent at Rs 7,206 crore ($ 1.1 billion) as against Rs 5,035 crore in the corresponding period of the previous year. [Full Article...]

Verizon to report third quarter earnings before the bell

Verizon to report third quarter earnings before the bell The latest trading activity showed that the Verizon Communications Inc.(VZ) price went down -11.59% from its 52-week low and trades up 16.59% versus its 52-week high. had its "hold" rating reiterated by analysts at Deutsche Bank. Firstmerit Comml Bank N A Trustee accumulated 107,174 shares or 0.48% of the stock. The Hedge Fund company now holds 110,907 shares of VZ which is valued at $5,534,259. [Full Article...]

Advanced Micro Devices slides after posting wider quarterly loss

At the midpoint of that outlook, AMD's revenue would rise by about 12% compared to last year's fourth quarter. (NASDAQ: AMD ) traded 29.35 Million shares and was closed at $6.77 per share. The Stock Closing Price on the 7th day of earnings was $2.07. Cantab Capital Partners LLP purchased a new position in shares of Advanced Micro Devices during the second quarter valued at about $253,000. [Full Article...]

Walgreens posts strong 4Q earns, but delays Rite Aid deal

Walgreens posts strong 4Q earns, but delays Rite Aid deal Hedge funds and other institutional investors own 59.76% of the company's stock . During its last trading session, Stock traded with the total exchanged volume of 5.89 million shares. Walgreens Boots Alliance's dividend payout ratio (DPR) is now 51.90%. Several equities analysts have weighed in on the company. The company has PEG ratio of 2.08 and price to cash ratio of 25.35. [Full Article...]

Analysts Update Their Price Target On Westpac Banking Corporation (NYSE:WBK)

Analysts Update Their Price Target On Westpac Banking Corporation (NYSE:WBK) Persons interested in registering for the company's earnings conference call can do so using this link . Quantitative Systematic Strategies LLC raised its stake in shares of Bank Of New York Mellon Corp.by 224.1% in the second quarter. Lj Trust Co Limited Co has invested 1.91% of its portfolio in Bank of New York Mellon Corp (NYSE:BK). Peapack Gladstone Financial Corp now owns 9,818 shares of... [Full Article...]

Apple: Many 'genuine' Apple products on Amazon are fake

Apple: Many 'genuine' Apple products on Amazon are fake The tech giant sued Mobile Star in the U.S. District Court for the Northern District of California on Monday, accusing Mobile Star of selling power chargers and adapters on Amazon.com under the Apple banner. The Cupertino titan has demanded that all knockoffs produced by Mobile Star be discontinued and destroyed; it's also seeking a compensation of $2 million per product type from the manufacturer... [Full Article...]

Kansas City Southern (KCS) (NYSE:KSU) Files An 8-K

The consensus price target (PT) of $103.17 means that the Company shares are likely to increase by 8.93 per cent in the short run. Carload volumes at the railway were down 4 percent year-over-year to 562,000 units. The stock's price switched up 0.41% 20-Days Simple Moving Average, dropped -1.66% from 50-Days Simple Moving Average and positively 5.63% from 200 Days Simple Moving Average. [Full Article...]

North Korea missile launch fails, says US and South Korea

North Korea missile launch fails, says US and South Korea In a unanimous statement backed by China, Pyongyang's ally, the council "strongly condemned the most recent failed ballistic missile launch", branding it a "grave violation" of North Korea's global obligations. Washington sees the US-built THAAD system as protection against North Korea's pursuit of missile and nuclear technology. An anchor for the TV network pledged that the nation would... [Full Article...]


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