Business

Gold Rallies As Fed Acknowledges Low Inflation

Gold Rallies As Fed Acknowledges Low Inflation

Gold futures for August expiration were 0.22% lower for the day, settling at $1,249.4 per ounce. Carsten Menke, commodities research analyst at Julius Baer, said support for precious metals from a ...

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Cenovus Energy Inc (NYSE:CVE) Shares Bought by First Trust Advisors LP

Cenovus Energy Inc (NYSE:CVE) Shares Bought by First Trust Advisors LP

Closely-held shares are those owned by insiders, major shareholders and employees, while restricted stock refers to insider shares that can not be traded because of a temporary restriction such as the...

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Home lost in Monte Lake blaze

Home lost in Monte Lake blaze

The regional district has issued evacuation orders and alerts. "We can see lightning storms in real time as they are happening so that certainly dictates where we are going to be patrolling for new ...

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Christy Clark resigns as BC Liberal leader

Christy Clark resigns as BC Liberal leader

She calls the province's protection of the Great Bear Rainforest "British Columbia's gift to the world". Clark, 51, led a come-from-behind victory in 2013, sweeping her party to a surprise win over ...

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Wells Fargo will pay $80 million to overcharged auto loan consumers

Wells Fargo will pay $80 million to overcharged auto loan consumers

Janney Capital Management LLC increased its stake in shares of Wells Fargo & by 1.1% in the first quarter. In a statement on Friday, New York City Comptroller Scott Stringer, who controls funds ...

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TD Securities Reiterates Hold Rating for Barrick Gold Corporation (ABX)

TD Securities Reiterates Hold Rating for Barrick Gold Corporation (ABX)

Tracking the stock price in relation to moving averages as well as highs and lows for the year might assist with evaluating future stock performance. Rothschild Asset Management Inc. The basic materia...

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United States Q2 GDP Numbers Miss, Q1 Revised Lower (SPY)

United States Q2 GDP Numbers Miss, Q1 Revised Lower (SPY)

The 2.6 per cent increase in gross domestic product was in line with economists' forecasts and exceeded the 2.1 per cent growth rate in the final quarter of 2016. The revisions made minor changes to e...

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A large Foxconn manufacturing plan to be built in Wisconsin, confirms company

A large Foxconn manufacturing plan to be built in Wisconsin, confirms company

Trump's plans for health care and tax cuts face a murky future in Congress, while his administration is bogged down by an investigation into Russia's possible ties with his presidential campaign. Th...

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Japan's labor market remains tight, consumption picks up in June

Japan's labor market remains tight, consumption picks up in June

Household spending rose for the first time in 16 months, gaining 2.3% from a year earlier in June. On the prices front, core consumer price inflation (CPI), which excludes fresh food prices, grew by...

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Barclays sets aside extra £700m for PPI claims

Barclays sets aside extra £700m for PPI claims

The British bank's second-quarter net loss was GBP1.4 billion ($1.83 billion) compared with a profit of GBP433 million a year ago. Chief executive Jes Staley said: "Our business is now radically s...

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Hot Stocks Report: Nokia Corporation (NOK), Jones Energy, Inc. (JONE)

Capstone Asset Management Co. now owns 1,492,156 shares of the technology company's stock worth $9,192,000 after buying an additional 1,000,888 shares in the last quarter. SOL Capital Management CO bo...

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Amazon Misses Q2 Income Expectations, As Sales Boom to $38 Billion

Amazon Misses Q2 Income Expectations, As Sales Boom to $38 Billion

Total operating expenses for the quarter rose to $37.33 billion from $29.12 billion a year ago. KeyCorp reaffirmed their hold rating on shares of Amazon.com, Inc. About 12,527 shares traded. Secor...

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Meggitt plc (MGGT) Rating Reiterated by Liberum Capital

Meggitt plc (MGGT) Rating Reiterated by Liberum Capital

The company was upgraded on Friday, July 1 by Macquarie Research. The stock has "Hold" rating by Deutsche Bank on Thursday, October 15. Deutsche Bank maintained it with "Buy" rating and GBX 3300 targe...

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(NASDAQ:ADP) and Essendant Inc. (:ESND)

Moreover, Smead Capital Management Inc. has 5.55% invested in the company for 748,412 shares. Analysts await Antero Resources Corp (NYSE:AR) to report earnings on August, 1. Guardian Life Insurance ...

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Deutsche Bank AG (DB) Receives $16.40 Consensus PT from Analysts

Deutsche Bank AG (DB) Receives $16.40 Consensus PT from Analysts

Commerzbank Aktiengesellschaft , which manages about $6.80 billion US Long portfolio, upped its stake in Tesla Mtrs Inc (NASDAQ:TSLA) by 26,261 shares to 219,437 shares, valued at $46.89M in 2016Q4, ...

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Private Capital Management Inc. Has $357000 Position in Intel Corporation

Private Capital Management Inc. Has $357000 Position in Intel Corporation

Prudential Pcl invested 0.62% in Intel Corporation (NASDAQ: INTC ). Intel's shares are down 3.6%, compared with the S&P 500 index's SPX, -0 .10% gains of almost 11% this year. The ex-dividend dat...

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Sensex Surges Nearly 250 Points, Nifty Hits 10100: 10 Points

Sensex Surges Nearly 250 Points, Nifty Hits 10100: 10 Points

ICICI Bank ended 1% down at 307.05 rupees ahead of its April-June earnings due later Thursday. Scrips of HDFC , HDFC Bank, Asian Paints and Kotak Bank advanced, while Dr Reddy's Lab, Tata Motors D...

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Meg Whitman steps down from HP Inc. board, names Chip Bergh

Meg Whitman steps down from HP Inc. board, names Chip Bergh

Bloomberg reported on 26 July that unnamed sources said Whitman was among a handful of candidates the company was considering as its next CEO, and that she had already held meetings with senior rep...

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Oil corporation confirms Boko Haram kidnapping

Oil corporation confirms Boko Haram kidnapping

They were contracted by the NNPC to work on oil exploration in nearby Lake Chad and returning from the Magumeri area when they ran into the ambush. "We have heard but can not confirm reports that ...

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Analysts Ratings on: MGM Resorts International (MGM)

Analysts Ratings on: MGM Resorts International (MGM)

Particularly, the opening of MGM National Harbor, a casino resort, on Dec 8, 2016, should drive revenues . It has outperformed by 28.58% the S&P500. According to Yahoo Finance, The Dividend Date fo...

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SoftBank seeking multibillion dollar stake in Uber

SoftBank seeking multibillion dollar stake in Uber

But since then Ola has also started gaining back market share, with its push to add new services like auto and outstation rides that have begun to pay off. South East Asian ride-hailing company Grab h...

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Wells Fargo Income Opportunities Fund (EAD) Short Interest Update

Wells Fargo Income Opportunities Fund (EAD) Short Interest Update

The Market Cap of the company is $278.76 Billion. About 6.02 million shares traded. Dow Chemical Co (NYSE:DOW) has risen 20.72% since July 27, 2016 and is uptrending. Henderson Group Public Ltd Co own...

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FCA to phase out Libor by 2021

FCA to phase out Libor by 2021

Now Libor is going away. ICE has declined comment on the FCA's decision to scrap Libor. "It would therefore no longer be necessary for us to sustain the benchmark through our influence or legal powe...

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Credit Suisse Group Reaffirms

Credit Suisse Group Reaffirms "Outperform" Rating for Alphabet Inc. (GOOGL)

In an analyst note revealed to investors and clients this morning, Bank of America reaffirmed their Buy rating on Alphabet Inc . Finally, Glassman Wealth Services raised its stake in Alphabet by 1.6%...

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Stock Trend Analysis: Verizon Communications Inc. (VZ)

Stock Trend Analysis: Verizon Communications Inc. (VZ)

The fund acquired 13,075 shares of the cell phone carrier's stock, valued at approximately $6,374,000. Shares of Verizon Communications Inc . are presently 10.65% off the 52 week low. has sold 610 ...

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The Coca-Cola Company (KO) Trend of Beating EPS and Revenue Estimates

The Coca-Cola Company (KO) Trend of Beating EPS and Revenue Estimates

Tctc Holdings Llc increased Amgen Inc (AMGN) stake by 24.74% reported in 2016Q4 SEC filing. At Financial Bank holds 0.07% in The Coca-Cola Co (NYSE:KO) or 13,306 shares. There has been some selling in...

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Starbucks strikes largest acquisition in its history with China deal

Scott Maw, executive vice president and chief financial officer, said at the time that Starbucks expected further declines at a number of "at-risk Teavana mall stores". Starbucks will offer more upd...

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Air France-KLM to buy majority stake in Virgin Atlantic

Air France-KLM to buy majority stake in Virgin Atlantic

The Air France-KLM Group announced on Thursday 27 July 2017 they would acquire a 31 percent stake in Virgin Atlantic . But James Halstead, a managing partner at Aviation Strategy, said the deal rai...

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Gov. Cuomo announces MTA adopt-a-station partnership

Gov. Cuomo announces MTA adopt-a-station partnership

A letter sent Wednesday from PSC Chairman John Rhodes to Con Edison CEO John McAvoy said , "There are significant actions that Con Edison should be taking now" to improve reliability, including "co...

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Indian Muslim Woman Raped, Murdered In Honor Killing

Indian Muslim Woman Raped, Murdered In Honor Killing

He appeared at the Old Bailey for a preliminary hearing alongside Vincent Tappu , 28, from Acton, west London , who is accused of kidnapping both women. The second woman, who can not be identified...

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