Finance

Oil edges up as Saudis reported to back extension of production cuts

Oil edges up as Saudis reported to back extension of production cuts

Traders focused on preliminary USA production estimates included in the weekly EIA report that suggest domestic output is continuing to climb. Traders attributed the up-and-down action to the drawdown...

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No signs of criminality in NY judge's death

A suspect in that case has been charged with first-degree murder in the death of Judge Raymond Myles. As well as being the first Muslim woman to be elected as a judge in the US, Abdus-Salaam, 65, wa...

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Attorney for doctor dragged off United flight speaks on incident, lawsuit

At a later city council aviation committee meeting, Chicago Department of Aviation Commissioner Ginger Evans said the department was investigating the incident and reviewing its training. Demetrio say...

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President Mukherjee gives his approval to GST Bill

President Mukherjee gives his approval to GST Bill

The four bills CGST, IGST, UTGST and compensation law - were passed by Parliament on April 6. Earlier this month, the Rajya Sabha passed four GST Bills without amendments setting the stage for the g...

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Grains Piled on Runways, Parking Lots, Fields Amid Global Glut

Grains Piled on Runways, Parking Lots, Fields Amid Global Glut

During spring sowing the United States corn acreage is likely to decrease by 4.3% compared with 2016 to 89.996 million acres, despite strong demand from world importers. In neighboring Brazil, the w...

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Pepsi Pulls Its Controversial Kendall Jenner #Resist Ad After Just One Day

Pepsi Pulls Its Controversial Kendall Jenner #Resist Ad After Just One Day

People took to Twitter to comment, with comedian Travon Free saying: "The Kendall Jenner Pepsi fiasco is a flawless example of what happens when there's no black people in the room when decisions a...

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Beijing willing to work with Washington against North Korea

The call, brief details of which were released by the Chinese foreign ministry, came amid rising tensions after a U.S. Navy strike group was re-routed to the Korean Peninsula, CBS News correspondent A...

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Kim Jong Un opens complex of North Korean high-rise buildings

A post-summit analysis in Hong Kong's influential English language South China Morning Post argued that the real importance of the meeting for Xi was in building his portfolio ahead of the Communist P...

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Global crude oil prices hit one-month high

Global crude oil prices hit one-month high

At the end of November, the Organization of Petroleum Exporting Countries (OPEC) agreed to cut output by 1.2 million barrels per day (mb/d) from January 1, initially for a period of six months. Latest...

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Water bubble made from edible membrane spells end for plastic bottles

Water bubble made from edible membrane spells end for plastic bottles

The Ooho bubble is made from seaweed and is edible and biodegradeable. The product is simply a portion of water contained by an organic membrane composed of sodium alginate and calcium chloride, mai...

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Oil prices drop as Libya resumes crude production

Oil prices drop as Libya resumes crude production

The deal propped up the crude price to around $50 per barrel. USA crude inventories probably dropped by 150,000 bbl to 533.8MMbbl in the week ended March 31, according to a Bloomberg survey before W...

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Tesla Comes Through With Record Delivery Numbers, Disappointing The Darkside

Tesla Comes Through With Record Delivery Numbers, Disappointing The Darkside

That figure is 69% higher than the production levels for the same period in 2016. The company only delivered 76,230 cars previous year, and even its impressive first-quarter 2017 performance is well...

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Australia, India to up security, maritime ties

Australia, India to up security, maritime ties

Australian Prime Minister Malcolm Turnbull said under the new partnership Victoria University and the University of Canberra would work with India to assist in the establishment of a National Sports U...

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Traders Secrets on The Western Union Company (WU), Mondelez International, Inc. (MDLZ)

Several other hedge funds have also recently made changes to their positions in MDLZ. Finally, Sowell Financial Services LLC acquired a new position in Mondelez International during the fourth quarter...

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Fed official: Bond holdings to be reduced gradually

Members of the committee said this reduction should be made by stopping reinvestment of bonds that mature, rather than outright selling, and "judged that a change to the committee's reinvestment polic...

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Freeport-McMoRan Inc (FCX) Upgraded to

Freeport-McMoRan Inc (FCX) Upgraded to "Strong-Buy" at Vetr Inc

The stock was sold at an average price of $15.22, for a total transaction of $38,430.50. These analysts and investment firms use various valuation methods to decide a price target for a stock. The ana...

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'Charging Bull' artist reportedly says 'Fearless Girl' sculpture violates his rights

The sculptor who created the " Charging Bull ", the famous bull statue in New York's financial district said that " Fearless Girl ", the newly installed statue placed near his statue, is violating...

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Himachal CM fails to keep ED date; agency issues fresh summons

Himachal CM fails to keep ED date; agency issues fresh summons

The former Chief Minister bemoaned that Virbhadra Singh has wasted his entire tenure in inaugurations of the works and projects executed and accomplished in the tenure of the BJP Government which were...

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Occidental Petroleum Target of Unusually Large Options Trading (OXY)

Price Target is basically a projection of future price of a company's stock by the expert analysis of investment analysts or investment firms. A number of other large investors have also bought and...

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United Airlines passenger stung by scorpion during flight

Cellphone video of him being pulled down the aisle on his back and footage of his bloody face have created a public-relations nightmare for United. "If you're going to eject a passenger, under no ci...

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Experts say police who dragged passenger had other options

Experts say police who dragged passenger had other options

The incident attracted a storm of negative publicity for United, as did their initial handling of it in the immediate aftermath. While United honcho Oscar Munoz apologized in a public statement Mo...

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United passenger dragged off plane has a strong legal case, experts say

However, Gupta said, "I think the serious public relations risk to United will give them an incentive to provide a generous settlement". Passenger David Dao spoke about suing the airline moments bef...

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Crude oil eases for 2nd day on rising US inventories

Crude oil eases for 2nd day on rising US inventories

Futures ended the longest stretch of gains this year in NY. Traders focused on preliminary US production estimates in the weekly Energy Information Administration (EIA) report that suggested domesti...

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Wells Fargo Knew About Fake Account Problem For 15 Years

Stumpf , who had a long and trusting relationship with Tolstedt , left her on her own to run her department, the investigators said in the scathing 113-page report. Tolstedt had previously been laude...

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North Korea condemns US bombing of Syria

In an outcome likely to play well in China, state news agency Xinhua said US and Chinese officials initiated new dialogue mechanisms on economic issues, as well as security and diplomatic issues, in w...

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Liberals blast NDP's promise of yearly $400 renter's rebate in BC

Speaking to media in Downtown Vancouver during a stop on his campaign bus tour, Horgan said the measures would help the NDP tackle the affordability crisis in B.C. But that $7-billion will be debt; ...

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Glu Mobile Inc. (GLUU), Xencor, Inc. (XNCR)

Glu Mobile Inc. (GLUU), Xencor, Inc. (XNCR)

A price target is the projected price level of a financial security stated by an investment analyst. Canaccord Genuity reissued a "hold" rating and issued a $3.00 price target on shares of Glu Mobile...

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Customers Bancorp Inc (CUBI) Insider Richard A. Ehst Sells 2970 Shares

U.S. Bancorp has an average rating of "Hold" and a consensus target price of $48.64. The stock has been active on the tape, now trading at $50.70, down from yesterday's close by -0.37%. A number of eq...

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State Street Corp Sells 607143 Shares of Abercrombie & Fitch Co. (ANF)

Abercrombie plans to shutter 60 U.S. stores in coming months as leases expire and will open six full-price stores, including four in the U.S. Last year, the company closed 54 stores, mostly in the U.S...

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Gotthavva free coffee! Thanks, Wawa

Gotthavva free coffee! Thanks, Wawa

The freebie comes as the store chain celebrates "Wawa Day", which annually recognizes the company's foundation. But as home delivery of milk waned in the mid-20th century the business needed a new way...

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Taking a Fresh Look at Range Resources Corporation (RRC)

Taking a Fresh Look at Range Resources Corporation (RRC)

Analysts on average have given a price target of $43.2 to Range Resources Corporation stock. (NYSE:RRC). Employees Retirement System Of Texas invested in 0.01% or 11,000 shares. (NYSE:RRC) on Tuesda...

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IndyCar drivers expect Indy 500 challenge from F1 champ

Now it seems after 10 years he has had enough of not winning titles and wants to further expand his racing portfolio. "I like Jenson and I think he's still one of the best drivers". "Why do I have s...

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House Votes to Block FCC's Internet Privacy Protections

House Votes to Block FCC's Internet Privacy Protections

Until now, internet providers such as AT&T , Time Warner and Comcast couldn't do this. One critic of the repeal, Mr Craig Aaron , president of Free Press advocacy group, said major Silicon Val...

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Oil demand growth seen slowing for a second year

Oil demand growth seen slowing for a second year

Organisation of the Petroleum Exporting Countries (OPEC) has recorded a higher-than-expected adherence to its first production cut in eight years. Still, data showed an unexpected drop in overall U....

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The Lululemon Athletica inc. (LULU) Raised to Hold at Vetr Inc

A number of analysts have recently weighed in on LULU shares. Taking a sharp turn from the momentum it's been building over the past year, lululemon athletica Inc . During the same quarter in the p...

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