Economy

by | May 27, 2017 | 10:19

While the official toll from Friday's attack was 26, according to Health Ministry spokesman Khaled Mugahed, Egyptian security and medical officials told the Associated Press that 28 people were dead, and 22 injured. Egypt's Grand Mufti Shawki Allam also condemned the perpetrators as traitors. "The attack targets stability of Egypt", said Ahmad Al Tayyeb, sheikh Al-Azhar, the Sunni seat in Egypt, asking the Egyptians to unit to face the heinous terrorism.

by | May 27, 2017 | 08:36

It has by 0.00% the S&P500.The move comes after 7 months negative chart setup for the $837.54M company. Therefore 61% are positive. They now have a GBX 315.00 target price on Worldpay Group (LON:WPG). 2,066,769 shares of the stock traded hands. SIG plc (LON:SHI) has risen 6.00% since April 19, 2017 and is uptrending. BioScrip had 4 analyst reports since August 11, 2015 according to SRatingsIntel.

by | May 27, 2017 | 08:55

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Mitsubishi UFJ Trust & Banking Corp raised its stake in Camden Property Trust by 1.7% in the third quarter. This represents a $7.00 dividend on an annualized basis and a yield of 2.73%. The ex-dividend date of this dividend is Wednesday, June 28th. 2,931 Camden Property Trust (NYSE:CPT) shares with value of $250,483 were sold by LEVEY LEWIS A.

by | May 27, 2017 | 07:02

The Pope also gifted Trump a medallion carved with an olive tree, which he said is a symbol of peace. Under clear blue skies, Mr. Trump received a tribute from the Swiss Guard in a Vatican courtyard when he arrived. "We can use peace", Trump said during the visit, and Francis replied, "It is with all hope that you may become an olive tree to make peace". The meeting came a year after the pope suggested that Trump " is not Christian " because of his plan for a U.S-Mexico border wall.

by | May 27, 2017 | 06:51

It has outperformed by 145.03% the S&P500. Barclays PLC raised Weir Group PLC to an "overweight" rating and raised their price objective for the company from GBX 1,900 ($24.72) to GBX 2,300 ($29.92) in a research report on Friday, March 17th.

by | May 27, 2017 | 08:00

Canadian Prime Minister Justin Trudeau, German Chancellor Angela Merkel , US President Donald Trump , Italian Prime Minister Paolo Gentiloni , French President Emmanuel Macron, Japanese Prime Minister Shinzo Abe , and Britain's Prime Minister Theresa May , pose for a family photo at the ancient Greek Theatre of Taormina during the Heads of State and of Government G7 summit, on May 26, 2017 in Sicily.

by | May 27, 2017 | 07:00

The Russian officials felt confident they could use the two men to help shape Mr Trump's opinions on Russia . He says he wants at least part of his testimony to be public. In another development, Trump has retained Marc Kasowitz , a New York-based trial lawyer who has represented Trump in the past, as his private attorney for special counsel Robert Mueller's investigation into the Russian Federation matter, a Fox Business Network reporter said on Twitter .

by | May 27, 2017 | 06:29

The two sides made a decision to remove about 1.8 million barrels per day from the market in the first half of 2017-equal to 2% of global production, taking October 2016 as the baseline month for reductions. The big reason the cuts have had little impact on crude oil prices is that USA shale oil production has been growing rapidly. With US output rising steadily and fears that Opec and others could raise production in 2018 to regain lost market share, many traders, including Goldman ...

by | May 27, 2017 | 06:15

Oil at $50 a barrel has encouraged more US shale output, since production costs are down from a few years ago. The curbs were meant to last six months from January, but confidence in the deal, which boosted prices as much as 20 percent, waned as inventories remained stubbornly high and US output surged.

by | May 27, 2017 | 06:57

OPEC decided on Thursday to extend cuts in oil output by nine months to March 2018, OPEC delegates said , as the producer group battles a global glut of crude after seeing prices halve and revenues drop sharply in the past three years. There is also talk that OPEC is looking at the option of deepening current production cuts, but it is not clear whether there would be support for that.

by | May 27, 2017 | 06:16

The agency lowered China's sovereign rating by one notch to A1 from Aa3, putting it in the same category as countries such as Japan and Israel. David Cheetham, XTB, said: "The first downgrade to China from Moody's in nearly 30 years has caught the attention of traders this morning as the nearly forgotten narrative of a slowdown in economic activity in the Far East could be set to return".

by | May 27, 2017 | 05:58

That looks like a nasty assignment in the round of 32, but both players can hardly afford to look that far. Fourth seed Nadal , who has only lost one match on clay this season, was handed a tricky first-round opponent in the mercurial Benoit Paire on Friday.

by | May 27, 2017 | 05:06

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. Now the shares of Gastar Exploration Inc . Gastar Exploration (NYSE:GST) last posted its quarterly earnings data on Wednesday, May 10th. While in the same Quarter Previous year, the Actual EPS was $-0.12.

by | May 27, 2017 | 05:48

State-run oil marketing company Hindustan Petroleum Corp Ltd reported a 31 percent jump in March-quarter net profit on Friday, beating street estimates, as income from operations grew. Despite the lower net profits, the net realisation of crude oil from nominated blocks of ONGC for the fourth quarter of financial year 2016-2017 rose to $54.91 per barrel.

by | May 27, 2017 | 06:20

Oil had climbed back above $51 a barrel after Saudi Arabia and non-OPEC member Russian Federation rallied support from the Organization of Petroleum Exporting Countries and other nations to extend the deal into 2018. With U.S. output rising steadily and OPEC and its allies potentially ramping up production in 2018 to regain lost market share, many traders are already expected another price slump.

by | May 27, 2017 | 05:39

Democratic Rep. Adam Schiff , who introduced the bill with Wilson, warned that increased tensions with North Korea heighten the danger that US citizens will be detained for political reasons. Kim was sentenced to 10 years hard labor for subversion last year. "We are addressing this subject (the situation around North Korea ) in close contact with the Chinese side".

by | May 27, 2017 | 05:05

While Kushner is not the subject of the probe, investigators believe he has considerable information related to the inquiry, NBC News reported , citing USA officials. NBC is also saying that it is "unclear" as to why exactly the FBI is investigating Kushner. Later that month, Kushner sent a deputy to meet with the Russian ambassador.

by | May 27, 2017 | 04:26

Republican legislators in Kansas have blocked an attempt by Democrats to increase the new spending on public schools provided by an education funding plan. Now Republicans in the Senate have to decide how to make their version different. And yet, both parties were optimistic, expressing bipartisan support with a 74-17 vote.

by | May 27, 2017 | 04:51

Most investors were not taken aback by China's downgrade from an Aa3 credit rating to an A1 on Wednesday, arguing that markets were similarly prepared for such a move. However, China may see in Western agency credit ratings alarms for risk controls. "Moody's expects that economy-wide leverage will increase further over the coming years", it said, adding that China's reform program was likely to slow, but not prevent, the rise in leverage.

by | May 27, 2017 | 02:43

The Organization of Petroleum Exporting Countries is again confounding energy investors. Global oil prices dropped 5 percent despite the extended oil production cut from oil producing countries which is scheduled to last for nine months.

by | May 27, 2017 | 04:13

Tories, including Boris Johnson , line up to slam speech as "completely outrageous". Their searches came after British-born 22-year-old Salman Abedi blew himself up at the end of USA pop singer Ariana Grande's concert at the arena three days ago.

by | May 27, 2017 | 02:40

However, Office of Management and Budget (OMB) Director Mick Mulvaney disputes any suggestion that the budget will not will take care of people in need. The government hasn't run a surplus since the late 1990s when a budget deal between Democrat Bill Clinton and congressional Republicans combined with the longest USA economic recovery in history produced four years of black ink from 1998 to 2001.

by | May 27, 2017 | 02:38

But once again, we can only dream of a day when legislative and congressional districts are drawn and approved by an independent nonpartisan panel with a mission to put together districts with equal numbers of people, period, without regard to political affilation.

by | May 27, 2017 | 02:21

When she attends the G7 summit in Italy on Friday, she said she would head up a discussion on counter-terrorism "and on how we will work together to prevent the plotting of terrorist attacks". "She was such a clever, talented, creative girl, there was nothing she couldn't do", said Michael Healy. Police said earlier this week they were investigating " a network " linked to Salman Abedi, the man who carried out the attack.

by | May 27, 2017 | 03:31

Smoke rises near the building of the Agriculture Ministry during a protest against President Michel Temer and the latest corruption scandal to hit the country, in Brasilia, Brazil , May 24, 2017. The president has denied wrongdoing and insists he will not resign. According to Brazil's Folha de Sao Paulo newspaper, advisors had warned Temer before his announcement of the decree that the move could have a negative impact on his reputation, already tarnished by widespread government ...

by | May 27, 2017 | 03:36

At Thursday's meeting in Vienna , the Organization of the Petroleum Exporting Countries (OPEC) and some non-OPEC producers agreed to extend a pledge to cut around 1.8 million barrels per day (bpd) until the end of the first quarter of 2018.

by | May 27, 2017 | 01:55

OPEC member states, Iran , Libya, and Nigeria are still exempted from the output cut agreement and have been increasing their production. That would have taken some negotiations and leadership from the Saudis to rally the troops to allow those two sovereigns to be excluded.

by | May 27, 2017 | 01:50

It comes at a time when European security officials have expressed concern about sharing intelligence with the US after President Donald Trump discussed highly classified intelligence about Daesh, also known as ISIS or ISIL, with senior Russian officials visiting the White House .

by | May 27, 2017 | 02:27

LONDON (AP) - Oil prices were volatile but trading sharply lower Thursday ahead of an expected announcement from the OPEC oil cartel that it will extend recent production cuts for a further nine months. U.S. West Texas Intermediate (WTI) crude futures were below $50, at $48.29, down 1.2 percent on the day. ANALYST TAKE: "While a 9-month extension to production cuts is widely anticipated, comments from delegates are expected to move prices significantly and remain a driver throughout the ...

by | May 27, 2017 | 01:43

It has a 57.18 P/E ratio. Europe Heavyside segment is engaged in the manufacturing and supply of aggregates, asphalt, cement, readymixed and precast concrete and landscaping products. It has field development and production interests in Vietnam, and exploration and appraisal interests in the Republic of Congo (Brazzaville) and Angola.

by | May 27, 2017 | 03:19

The mattress maker Leesa Sleep , the exercise company Peloton , and the military financial services company USAA said they, too, were no longer advertising on Hannity's show. Media Matters' argument for kickstarting the shaming campaign, though, focused more on Hannity's role as a "propagandist" on behalf of President Trump than on his conspiracy theories.

by | May 27, 2017 | 02:31

Facebook founder and CEO Mark Zuckerberg made his first public comment on basic income during Harvard University's graduation ceremony on Thursday, May 25, calling it an idea "we should explore" to "make sure everyone has a cushion to try new ideas".

by | May 27, 2017 | 02:00

The finance minister said that revenue of Federal Board of Revenue (FBR) has increased to 14 percent. "We have evolved budget strategy to achieve targets", he said. The minister said that Prime Minister Youth Scheme will be continued and an amount of Rs 20 billion has been allocated for it. An allocation of Rs49 billion has been made for the health sector.

by | May 27, 2017 | 01:46

A top USA military officer has lashed out at North Korea for its latest missile test, calling it a "recipe for a disaster", as tensions continue in the Korean peninsula. Only hours earlier, South Korea's unification ministry stressed the importance of restarting dialogue with the North. Council diplomats, speaking on condition of anonymity because the consultations were private, said China never mentioned working with the USA on a new sanctions resolution, and both China and Russian ...

by | May 27, 2017 | 02:06

In the oil market on Thursday, crude prices turned lower after Saudi Arabia's oil minister Khalid al-Falih ruled out deeper cuts (http://www.marketwatch.com/story/oil-prices-turn-sharply-lower-after-saudi-oil-minister-rules-out-deeper-cuts-2017-05-25) to production in any extension to an OPEC output agreement.