Economy

by | May 25, 2017 | 21:10

Petrofac also said a committee of the board has been created to be exclusively responsible for the firm's engagement with the SFO, featuring the chairman, independent non-executive directors and the chief financial officer. This Committee comprises the Chairman, Independent Non-executive Directors and the Chief Financial Officer. This person will also review the Company's compliance processes.

by | May 25, 2017 | 21:53

The two exchanged gifts after the meeting. The two leaders smiled as they posed for photos, and Trump introduced first lady Melania Trump , along with his daughter Ivanka and her husband, Jared Kushner. He is something. He is really good. So what can we glean from what we know of this meeting, and does it have any larger significance? The discussuion was described as "cordial" in a statement by the Vatican , which said "satisfaction was expressed" for the good US relationship with ...

by | May 25, 2017 | 20:33

The decision to leave its benchmark rate as is was widely expected in a survey of 11 primary dealers of Canadian government securities. The global economy continues to gain traction which reinforces the bank's view that growth will gradually strengthen and recent economic data has been encouraging.

by | May 25, 2017 | 21:24

Tembec shareholders (TSX:TMB) are being offered C$4.05 in cash or 0.2302 of a share in Rayonier Advanced Materials, subject to a cap on the total amount of cash or shares that will be issued. Last month, Tembec was hit with a 19.88 per cent preliminary duty on shipments of softwood lumber that it sends to the U.S. Tembec employs approximately 3,000 employees.

by | May 25, 2017 | 20:26

The country's third-largest drugmaker has been working on building a pipeline of high-value complex generic drugs in the United States to offset growing competition in plain generics. Concerns over compliance issues also weighed on the stock after television channel CNBC-TV18 reported late Wednesday that the US Food and Drug Administration (FDA) has issued a Form 483 to Lupin's manufacturing unit in Indore for violation of good manufacturing practices.

by | May 25, 2017 | 19:57

White House officials, including Vice President Mike Pence, initially said that Trump only fired Comey on Rosenstein's recommendation - a contention supported by Trump's signed termination letter to Comey, which cited Rosenstein's memo as the rationale to dismiss the director.

by | May 25, 2017 | 19:55

It is a big commitment for Florida State to say the least. Walker, an off-guard from Jonesboro High School in Georgia, is rated the No. 25 high school senior in the nation by ESPN. The Seminoles also lost shooting guard Dwayne Bacon , forward Jonathan Isaac and point guard Xavier Rathan-Mayes to the National Basketball Association draft.

by | May 25, 2017 | 20:39

The New York Times reports that us government officials have seen the similarities between WannaCry and the weapons employed in previous cyber attacks linked to North Korea , including the Sony hack, an assault on the central bank of Bangladesh past year, and an attack on Polish banks in February.

by | May 25, 2017 | 20:53

Net sales rose marginally to $899.6 million in the first quarter, but missed analysts' average estimate of $913.71 million. Finally, Instinet boosted their price target on Tiffany & Co. Jefferies Group LLC now has a $110.00 price objective on the specialty retailer's stock. In related news, VP John S. Barresi sold 1,027 shares of the company's stock in a transaction on Tuesday, March 21st.

by | May 25, 2017 | 19:57

Shares for $545,705 were sold by Gibbs David W on Wednesday, February 15. Brands, Inc. (NYSE: YUM ). Wagner Bowman Corp reported 21,208 shares or 0.45% of all its holdings. Following the transaction, the chief financial officer now directly owns 39,181 shares of the company's stock, valued at approximately $2,696,828.23.

by | May 25, 2017 | 20:17

Add W-2 Reporting Requirement - The bill would amend the Form W-2 requirements to provide that the W-2 report each month in which the employee is eligible for group health plan coverage in connection with employment (but would not specifically require similar reporting for dependents).

by | May 25, 2017 | 20:02

Mr. Abbas reiterated to Mr. Trump "our commitment to cooperate with you in order to make peace and forge a historic peace deal" and to become partners with the USA against terrorism. The family was separated by gender. The president's historic decision to become the first sitting president to visit the Western Wall, one of Judaism's holiest sites , was a highly symbolic political and personal gesture.

by | May 25, 2017 | 20:53

Dollar Tree announced in a new release Thursday that an outstanding balance owed to the company by Dollar Express was deemed not recoverable and recorded an impairment charge to write down the receivable to zero. WARNING: This report was published by The Cerbat Gem and is owned by of The Cerbat Gem. If you are reading this article on another site, it was illegally stolen and republished in violation of global copyright & trademark law.

by | May 25, 2017 | 19:53

To stay one step ahead we extended our research by comparing different price targets. Although its stock saw a boost this morning in light of the news, it's 17-year low is still 48 per cent below its value last year. The firm had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $1.05 billion. 11,110,076 shares of the stock traded hands.

by | May 25, 2017 | 19:42

Martinez said Venezuela, which is suffering from deep recession and has seen thousands take to the streets daily in protest, is now producing around 1.97 million barrels per day of crude. The market may be disappointed if Thursday's meeting ends with "just" a nine-month extensionAmrita Sen, chief oil market analyst, Energy Aspects Ltd .

by | May 25, 2017 | 21:07

About two-thirds of the planned cuts are in North America and the rest in Asia. Ford is aiming to cut $3 billion in costs in 2017, a person close to the matter told AFP. Ford also recently embarked on an expensive, 10-year plan to remake its Dearborn campus. Ford's stock price has fallen almost 40 per cent over the last three years as investors worry that sales in the USA, its biggest market, are peaking.

by | May 25, 2017 | 19:35

Stock is now moving with a negative distance from the 200 day simple moving average of approximately -12.75%, and has a poor year to date (YTD) performance of -14.55% which means the stock is constantly subtracting to its value from the previous fiscal year end price.

by | May 25, 2017 | 21:16

The average rate on 5/1 adjustable-rate mortgages, meanwhile, also inched up. Loan rates often rise and fall because of mortgages traded by banks in financial markets that partially track with the stock market. 30 year FHA FRM interest rates are being quoted at 4.500% with a rather higher April of 5.520%. The shorter term 15 year refinance loan interest rates are listed at 3.875% at the bank today yielding an April of 3.883%.

by | May 25, 2017 | 19:55

Instead, Republicans pushed forward with a $1.50-per-pack fee increase on cigarettes and a new 1.25 percent sales tax on vehicle purchases that would help generate funding to close an $878 million hole in the budget. "They just wasted hours on a dead bill", Coleman said. The Texas House added an anti-trans amendment to a bill targeting public school students. Many Senate Republicans have misgivings about the House-passed legislation, which Democrats have said would deprive millions of ...

by | May 25, 2017 | 20:54

After kicking things off later this month and playing various gigs all the way into September, Guns N' Roses have now added a leg of fall North American dates in October and November. You can find them on LiveNation.com or Ticketmaster . Tour last June 23 at Ford Field, after warm-up shows in West Hollywood, Las Vegas, Indio, Calif.

by | May 25, 2017 | 20:26

One user said: " Melania declines to hold hands with Trump in Israel ". The image was given added potency when it was reported that her own Twitter account had briefly "liked" a tweet featuring the gif. A clip of the first lady went viral in January after Donald Trump's inauguration. "I talk every place about her, how great she is, how great you are".

by | May 25, 2017 | 20:22

When asked if she would cancel upcoming concerts following the deadly terror attack outside her close friend and collaborator Ariana Grande's concert in Manchester Monday, the "Heartbeat" singer said she is still adamant about performing.

by | May 25, 2017 | 20:02

But, she added, "I can say that they are perfectly clear about the situation and that it shouldn't happen again". The friend and another source in Manchester's Libyan community said Salman got his passport back after telling his father he was going on a pilgrimage to Saudi Arabia.

by | May 25, 2017 | 19:20

It has outperformed by 3.99% the S&P500. Two research analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the company's stock. Quantbot Technology Ltd Partnership holds 2,714 shares or 0.04% of its portfolio. The P/E of NextEra Energy, Inc .is now valued at 16.94 allowing its investors to analyze the company's stock valuation and its shares relative to the income of the company that it makes.

by | May 25, 2017 | 19:46

The Obama administration's nuclear negotiations further fueled Gulf nations' worries about Iran's regional intentions, especially as it backs Shiite militias fighting the Islamic State group in Iraq and supported the government of embattled Syrian President Bashar Assad that many had opposed through supporting rebel groups there.

by | May 25, 2017 | 19:54

Inequality, worldwide tax rules and cyber security headed the official agenda for Group of Seven finance ministers and central bankers who kicked off a two-day meeting in the southern Italian port city of Bari . Tense trade talks have dominated the meetings. He also said the administration had held "preliminary but productive discussions" with the Canadian and Mexican governments on Nafta.

by | May 25, 2017 | 20:17

As per Monday, September 21, the company rating was maintained by Canaccord Genuity. 03/13/2017 - Global Equities Research began new coverage on BlackBerry Limited giving the company a "overweight" rating. Analysts giving shares a rating of 1 or 2 would be indicating a Buy. The Wynnefield Capital Inc holds 785,000 shares with $5.41M value, down from 1.80 million last quarter.

by | May 25, 2017 | 20:27

Manchester suicide bomber Salman Abedi flew from Turkey to the United Kingdom four days before Monday's blast that left 22 dead, a new report says. The attack left 22 people dead and more than 60 others wounded. The latest arrests, including one late last night, came as nearly 1,000 soldiers were deployed to support police guarding Buckingham Palace, Downing Street and other locations in London .

by | May 25, 2017 | 19:04

The army also released what it said was a video of the military action that showed heavy artillery blasting. In a desperate bid to save its face and to counter Indian Army's assault on its forward posts, Pakistan came up with a video showing tit-for-tat action of "May 13" by their forces.

by | May 25, 2017 | 19:16

GBP/USD is supported in the range of 1.2902 levels and now trading at 1.2957 levels. Lowe's ( LOW .N) dropped 3% after the home improvement chain reported a lower-than-expected profit and comparable sales. USD/JPY is supported around 111.00 levels and now trading at 111.62 levels. "Members generally judged that it would be prudent to await additional evidence indicating that a recent slowdown in the pace of economic activity had been transitory before taking another step in removing ...

by | May 25, 2017 | 19:19

The incident follows a recent high-profile controversy for the airline, when law enforcement members forcibly dragged a passenger off a United Airlines plane after the flight was overbooked, causing injuries to the man that required reconstructive surgery.

by | May 25, 2017 | 18:33

In total the GOP's healthcare bill would reduce the federal deficit by $119 billion between 2017 and 2026, $32 billion less than the net savings estimated by the CBO's March report. All seven House Republicans from IL voted in favor of the bill, including Chicago-area Reps. TheCBO estimates 23 million people would lose their health insurance by 2026.

by | May 25, 2017 | 19:43

It has underperformed by 15.45% the S&P500. WARNING: "American Century Companies Inc". 3,737 shares valued at $90,136 were sold by Roemer Todd M on Friday, May 5. during the fourth quarter valued at $142,000. The SI to Cabot Oil & Gas Corporation's float is 4.47%. As per Monday, January 23, the company rating was upgraded by Barclays Capital.

by | May 25, 2017 | 19:32

A number of other hedge funds also recently modified their holdings of the stock. Mig Capital Llc holds 5.5% of its portfolio in DSW Inc. for 1.40 million shares. On 8/31/2016 DSW announced a quarterly dividend of $0.20 3.43% with an ex dividend date of 9/14/2016 which will be payable on 9/30/2016. Analysts forecast earnings per share of $0.34, down exactly $0.06 or 15.00 % from 2014's $0.4 EPS.

by | May 25, 2017 | 18:21

France has been in a state of emergency, which gives sweeping powers to the police, since November 2015, when at least 130 people were killed in coordinated attacks. Human rights groups have previously raised concerns over the emergency rule arguing it diminishes civil liberties. In addition to terrorism and the economy, Macron said he planned to discuss climate change and energy.