Economy

by | May 12, 2017 | 11:19

According to the report, OPEC members cut oil output by 18,000 b/d in April. Crude-oil prices held steady on Friday, though they are poised to end the week more than 3% higher as traders expect the global oil cartel to extend a production cut deal when the group meets later in the month.

by | May 12, 2017 | 10:45

Stockholders of record on Tuesday, May 16th will be issued a $0.30 dividend. Agree Realty presently has a consensus rating of "Hold" and a consensus price target of $51.75. The firm earned "Buy" rating on Friday, August 12 by Goldman Sachs. Evercore initiated it with "Hold" rating and $45 target in Monday, June 6 report.

by | May 12, 2017 | 10:48

BMO Capital Markets restated a market perform rating on shares of Valeant Pharmaceuticals Intl in a research report on Wednesday . Valeant Pharmaceuticals Intl has an average rating of Hold and an average price target of $23.26. The legal version of this story can be accessed at https://www.themarketsdaily.com/2017/05/11/canaccord-genuity-analysts-give-valeant-pharmaceuticals-intl-inc-vrx-a-12-00-price-target.html.

by | May 12, 2017 | 09:22

In a statement Thursday afternoon, Leahy said the commission's membership exposes it as a political sham. "This misbegotten Commission sadly is yet another malicious effort to undermine the voting rights of millions of Americans across the country".

by | May 12, 2017 | 09:12

A meeting for top advisers to discuss the deal was set for Tuesday afternoon but was postponed . Trump and his top climate and economic aids will kick-off discussions in earnest on Tuesday in the United States, a senior administration official said, adding that "they are meeting tomorrow at 1.30 pm".

by | May 12, 2017 | 10:53

In 2010, under former Prime Minister Kevin Rudd, the Labor government introduced a new mining tax on big mining profits and faced an industry backlash which included anti-government television commercials. Ian Narev, CEO of the CBA, noted the lack of detail about the levy and the absence of any consultation with the banks. Net debt is a more useful measure of a government's balance sheet than gross debt, as it takes into account a government's assets and liabilities, and net debt is forecast ...

by | May 12, 2017 | 10:01

In the draft manifesto, Labour also pledges to deliver a strategy for special needs education "based on inclusivity" and pledges to embed SEND "more substantially" into initial teacher training. Wherever the leak came from, it is a blow to the party who had planned to officially launch its manifesto next week. Opening stark political dividing lines with the governing Conservative Party, Labour's 43-page manifesto, published by The Daily Mirror , The Daily Telegraph , the BBC and ...

by | May 12, 2017 | 09:10

The A$1.2 billion raised over four years will fund training for Australian workers. However, economists have said such measures would help only at the margin, given the government's reluctance to tweak a tax treatment on property massively favored by the wealthy known as 'negative gearing.' Morrison did unveil a small change to that tax break, disallowing travel expenses-related deductions for residential property investors.

by | May 12, 2017 | 09:22

According to reports, Khawla Barghouthi was arrested and Rizlaine Boular, 21, was shot by police, during the operation. The three women are accused of conspiring together to murder " a person or persons unknown " between 11 and 28 April. British officials have set the threat level from global terrorism at "severe", indicating an attack is highly likely. "All the matters before you are required to be sent to the Central Criminal Court for a preliminary hearing in the terrorism list on ...

by | May 12, 2017 | 08:53

Corecommodity Management Ltd Liability Corp reported 0.08% of its portfolio in Chesapeake Energy Corporation (NYSE:CHK). The business is expected to issue its next quarterly earnings report on Thursday, August 3rd. Many traders and investors view the 52-week high or low as an important factor in determining a stock's current value and predicting future price movement.

by | May 12, 2017 | 09:28

Power North American Airline Satisfaction Study found passengers scored airlines higher in every category related to customer satisfaction this year, a trend that has been going on for some five years. Both traditional and low-cost carriers have shown improvement, with the traditional carriers continuing to close the satisfaction gap with low-cost carriers (740 vs.

by | May 12, 2017 | 07:54

Uber claims it is a service provider, connecting riders with freelance drivers directly and much more cheaply than traditional cab companies. The opinion continues: "According to the Advocate General, the service offered by Uber does not meet either of those two conditions".

by | May 12, 2017 | 06:45

Snap's stock $5.50, or 24 percent, to $17.48 in after-hours trading. Snap stock cratered by more than 21% to 18.13 in afternoon trading on the stock market today, after falling to a post-IPO trading low of 17.59 near the open. Finally, Needham & Company LLC reissued an underperform rating on shares of Snap in a report on Thursday , March 16th. Growth in Snapchat's user base began to slow down a year ago after Facebook's Instagram copied Snapchat's "stories" feature, which lets users ...

by | May 12, 2017 | 08:11

Canada's Liberal Party leader said the two countries are economically interconnected, but it's not a one-way relationship. U.S President Donald Trump blasted Canada's dairy industry last week, saying that the supply management system was unfair to Wisconsin farmers who want to sell milk north of the border.

by | May 12, 2017 | 08:21

News of a possible extension of the OPEC cuts and reports that USA crude stockpiles have dropped by 5.2 million barrels last week slightly boosted worldwide oil prices. It also fell 1.2 percent the previous session, and the closing price for both contracts on Tuesday was the second lowest since November 29, the day before the Organization of the Petroleum Exporting Countries (OPEC) agreed to cut production during the first half of 2017.

by | May 12, 2017 | 06:31

Viper Energy Partners LP is based in Midland, Texas. Company insiders own 0.80% of the company's stock. The company saw 0.44 million shares trade hands over the course of the day. 589,079 were reported by Jpmorgan Chase And Communication. Creative Planning invested in 11,274 shares. Guggenheim Cap Limited Liability Corporation reported 97,651 shares.

by | May 12, 2017 | 06:46

However, as the plane was making its way to the gate, a fistfight broke out between two men. Cable was arrested and charged with misdemeanor battery. Another passenger reportedly suffered minor injuries, but refused medical treatment. It was unclear what sparked the fracas. "Our employees are our everyday heroes and are trained to de-escalate conflict while delivering heartfelt hospitality on almost 4,000 flights to almost the half-million customers who fly Southwest every day", the ...

by | May 12, 2017 | 06:15

Some customers got caught on both ends of the slowdown. "Airlines typically prevail in such cases and we expect a return to somewhat normal conditions relatively soon", Savanthi Syth, an analyst at Raymond James Financial Inc., said in a note to clients Tuesday.

by | May 12, 2017 | 07:46

Finally, SunTrust Banks, Inc. began coverage on shares of Kratos Defense & Security Solutions in a report on Thursday, January 19th. Its weekly performance showed an upward trend of 19.16 percent. The stock touched 52-week High of $9.19 on 05/08/17 and 52-week Low of $3.75 on 06/27/16. The company's market cap is $681.27 Million, and the average volume is 1.78 Million.

by | May 12, 2017 | 07:25

The company reported its last quarter on 3/30/2017. ARNZEN APRIL S also sold $308,018 worth of Micron Technology, Inc . Can raised its position in Micron Technology by 1.7% in the third quarter. If you are viewing this news story on another domain, it was copied illegally and republished in violation of worldwide copyright and trademark legislation.

by | May 12, 2017 | 05:55

All three were arrested on charges of inciting or encouraging a riot, disorderly conduct, resisting arrest and trespassing, the Broward County Sheriff's Office said Tuesday. Lauderdale Airport turned into a fight club on May 8, when Spirit Airlines canceled 11 flights at the same time . The airline had 81 flight cancellations on Sunday, about 17 percent of its normal schedule, due to what it called an unlawful slowdown by pilots and unavailability of pilots for flights.

by | May 12, 2017 | 06:33

He added that Americans will have a "great'"system soon, referring to the just-passed House GOP healthcare bill". Mr Turnbull received similar backlash on social media for his appraisal of President Trump's congressional victory, which is expected to leave 24 million more Americans without health coverage by 2026, Reuters reported .

by | May 12, 2017 | 07:21

Tendulkar told presspersons at the city BJP headquarters. Parrikar, who took oath as chief minister in March after resigning as defence minister, is heading the BJP-led coalition government in his home state. Mr. Parrikar has been elected from Panaji Assembly seat without a break from 1994 till 2014 when he was inducted in the Central Cabinet and subsequently resigned as an MLA.

by | May 12, 2017 | 07:03

At present, no sport is due to take place in the 57,000 capacity stadium should Los Angeles be awarded the Games. Los Angeles-based Venezuelan conductor Gustavo Dudamel was also in attendance. Los Angeles 2024 bid chairman Casey Wasserman said he supported the IOC's move to reward both bids. The use of existing venues would free up $50 million to "help the athletes throughout the Games experience", Ruggiero said.

by | May 12, 2017 | 06:18

Trump did not discuss any of those issues Wednesday. Reaffirming his commitment to a two-state solution, he called on Israel to recognise Palestinian statehood just as Palestinians recognise the state of Israel. "We are the only remaining people in the world who still live under occupation", he added, eliciting no verbal or facial response from Trump . On Abbas's Fatah TV, a Palestinian woman declared that the real meaning of "The Promised Land" is the place where Allah will fulfill his ...

by | May 12, 2017 | 06:50

Candidates from the two parties that have traditionally dominated French politics for decades, the left-wing Socialists and the Republicans, were knocked out at the first-round stage of the election for the first time since 1958. In December, Austrian Norbert Hofer of the Freedom Party (FPOe) narrowly failed to win a presidential re-run vote. Announcing the changes, the movement's secretary general, Richard Ferrand, said the organization will be "a new political force" on the landscape redrawn ...

by | May 12, 2017 | 05:15

Today's Bank of England (BoE) Super Thursday interest rate decision and inflation report was delivered at midday and the Bank of England chose to leaves interest rates unchanged. Despite this, we've already seen a number of members of the Monetary Policy Committee opt for higher rates and Forbes, McCafferty and perhaps Saunders may have pressed the case for increased interest rates at this meeting, but caution over exchange rates, market confidence and the political backdrop will have ...

by | May 12, 2017 | 06:50

Before Yates arrived on Capitol Hill he was urging the panel to ask about leaks. Yates filled in new details of the events of January 26, describing contacting McGahn in the morning and telling him she had something sensitive to discuss in person.

by | May 12, 2017 | 04:22

It is feared that when the United Kingdom finally breaks from the European Union, there could be a shocking collapse of the United Kingdom economy. A record 905,000 people were employed on zero-hours contracts in the final three months of 2016 - about 100,000 or 13% more than a year earlier.

by | May 12, 2017 | 05:07

Brent Crude, used to price Global oils, now trades at around $50 a barrel in London. Oil prices gave up earlier gains on Tuesday, as concerns over slowing demand and a relentless rise in US crude output undermined the impact of hopes that OPEC-led production cuts could be extended.

by | May 12, 2017 | 03:45

But amid growing questions and allegations of possible White House crookedness, we need an independent investigator to try to get the real story straight. Sen. Marco Rubio of Florida to reporters: "I would expect the Federal Bureau of Investigation to continue to function along the lines that we have come to expect it to function".

by | May 12, 2017 | 04:09

The bank says it will continue pumping 60 billion euros ($66 billion) a month in newly printed money into the economy through the end of the year, and beyond if necessary. The single currency union's economy grew 0.5% in Q-1 and unemployment has fallen slowly to 9.5%, but with sharp differences between countries. Draghi's poker face will likely reveal little, while any comments relating to monetary policy will reveal the hidden truth on whether the dovish sentiment was driven more by concerns ...

by | May 12, 2017 | 04:00

Government officials, it says, have met with US Airlines and a decision is expected "in the next few weeks". "DHS continues to evaluate the threat environment and will make changes when necessary to keep air travelers safe", the DHS said in a statement to the Daily Beast .

by | May 12, 2017 | 04:13

Boeing's new 737 MAX 9 aircraft is seen during takeoff on its first flight in Renton, Washington, U.S., April 13, 2017. The 737 MAX line was to make its commercial debut in a matter of days, but a potential issue affecting the turbine engine discs has led the USA company to suspend flights.

by | May 12, 2017 | 04:10

Railway representatives came under fire Thursday morning at a public hearing on Penn Station's renewal plan and ongoing commuter headaches. Amtrak, the national passenger railroad company that owns and operates Penn Station, has been meeting with representatives from the Long Island Rail Road, New Jersey Transit and the Port Authority of NY and New Jersey before finalizing repairs to the aging tracks, agency spokespeople said.