Markets

Dem rep mocks Trump over aircraft carrier

White House officials on Tuesday said that they had been relying on guidance from the US Department of Defense. Administration officials described to the Times what the newspaper called a "glitch-...

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Anger over passenger dragging has business flyers taking on United, airlines

He was asked if the company ever considered firing anyone, including management. Cellphone video of the event was viewed by millions and prompted a global public outcry and a stumbling response from...

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Bill O'Reilly Is Out At Fox News

Bill O'Reilly Is Out At Fox News

The 67-year-old longtime O'Reilly Factor host - who is now on a long-planned vacation in Italy and was seen shaking hands with the Pope in Vatican City on Wednesday - is leaving the network after ...

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How will the overhaul of H-1B visas affect businesses?

Trump said the executive order sends a "powerful signal to the world" that the United States will defend its workers, protect their jobs and revive the words "made in the USA". Trump made it clear...

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International Monetary Fund lowers 2016-17 growth forecast for Egypt to 3.5 percent

International Monetary Fund lowers 2016-17 growth forecast for Egypt to 3.5 percent

The fund's semi-annual World Economic Outlook report revised global growth up to 3.5 per cent for this year, one-tenth higher than the January forecast. "The post-World War II system of global econo...

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Nintendo Sold Close to a Million Switch Systems in March (NTDOY)

Either way, it's an impressive first month of sales for Nintendo's new console; whether the long-time Japanese game console maker can sustain that momentum is another question altogether. Nintendo att...

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Passenger dragged on United suffered concussion, broken nose, lawyer says

Passenger dragged on United suffered concussion, broken nose, lawyer says

The passenger dragged off the United plane in Chicago was forced to give up his seat not because of traditional overselling but because another kind of overbooking: A crew needed to commute for a fl...

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Senators prepare for big pushback from Bruins in Game 4

Miller, 24, played in 61 games during the regular season, scoring six goals and adding seven assists. Though the Senators pushed the pace and dominated a lot of play, goaltender Craig Anderson str...

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United executives take questions about dragging passenger

The problems were compounded by CEO Oscar Munoz's leaked email to staff in which he accused the passenger of being belligerent and disruptive, comments he was forced to try to walk back in a series of...

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Opec finally has an upper hand on USA shale

Opec finally has an upper hand on USA shale

West Texas Intermediate for May delivery slipped 41 cents to $52 a barrel at 11:30 a.m. on the New York Mercantile Exchange. "The soft U.S. CPI (consumer price index) on Friday will ease yields furt...

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USA to Enhance Military Presence in Asia Pacific - Vice President Pence

He again reiterated that with the Trump administration, "the era of strategic patience is over". U.S. Vice President Mike Pence and Japanese leaders have begun talks expected to focus largely on tra...

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Trump Vows to Fix Wisconsin Dairy Situation

Trump Vows to Fix Wisconsin Dairy Situation

The fact is NAFTA has been a disaster for the United States - a complete and total disaster. The dairy sector and the wider agriculture industry are among the areas Trump targeted during a speech to...

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Fed survey finds moderate economic growth in spring

Fed survey finds moderate economic growth in spring

In some areas of the country, higher labor costs in early spring were restraining growth in some sectors, including the construction industry, according to a new report from the Federal Reserve. In ...

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FBR Bullish on Plug Power Inc (PLUG) Following Meeting with Management

Generally speaking, earnings are expected to grow in coming quarters. Driscoll rates PLUG an Outperform with a $3.00 price target, which implies an upside of 34% from current levels. It represents a s...

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Analyst's keeping an Eye on: eBay Inc (NASDAQ:EBAY)

Analyst's keeping an Eye on: eBay Inc (NASDAQ:EBAY)

In the liquidity ratio analysis; quick ratio for most recent quarter was 2.30 while current ratio for time period was 2.30. Sell-side analysts have also provided a consensus recommendation of 2.50 on ...

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Oil prices dip on bloated US market, mixed Saudi signals

Oil prices dip on bloated US market, mixed Saudi signals

OPEC ministers are scheduled to gather in Vienna on May 25 to discuss whether to extend the curbs. Last year's average barrel price was $42.84 per barrel, the report said, but this year the average ...

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Pence visits Japan to turn focus to trade with key ally

Pence also said the US would protect freedom of navigation in the South China Sea, the sea lanes vital to global shipping where China has been staking claim to disputed territory. territory. The p...

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United Airlines can't say if video has hit sales

Munoz's early statements on the incident were widely criticized. An influential group of road warriors, better known as business travelers, is joining a push to stop the giant domestic air carriers ...

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Oil pulls back Wednesday as traders eye Cushing build, USA supply

US West Texas Intermediate (WTI) crude futures were down 20 cents at US$53.20 a barrel, after touching the highest since March 7 at US$53.76. The number of US rigs has increased for 13 consecutive wee...

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Morgan Stanley's quarterly profits surge on trading gains

Morgan Stanley's quarterly profits surge on trading gains

Several investment firms issued their expert ratings on Morgan Stanley (MS) in which Compass Point Initiates Coverage On Morgan Stanley (MS ) to Neutral by settling a price target of $46 on 2/22/17...

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Oil edges higher as OPEC boost offsets dent from United States supply

Oil edges higher as OPEC boost offsets dent from United States supply

May West Texas Intermediate crude CLK7, -3.95% lost 15 cents, or 0.3%, at $52.26 a barrel on the New York Mercantile Exchange. A global crude glut has persisted even as the Organization of the Pet...

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Does $35.26 justifies Energy Transfer Partners, L.P. (ETP) shares?

Does $35.26 justifies Energy Transfer Partners, L.P. (ETP) shares?

The total market capitalization remained at $3.44 billion. Robert W. Baird restated an "outperform" rating and issued a $45.00 price target on shares of Energy Transfer Partners in a research report o...

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Timeline of Aaron Hernandez's legal problems

Timeline of Aaron Hernandez's legal problems

Friend murdered Odin Lloyd, a semi-professional football player, was found shot dead in an industrial park one mile away from Hernandez's home in North Attleboro, Massachusetts. Team spokesman Stacey ...

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PetSmart offers to buy the company that's eating its lunch online

PetSmart offers to buy the company that's eating its lunch online

And despite its latest online ambitions, it expects to open 100 more stores this year. The companies didn't disclose the purchase price or other financial details of the deal, but it's expected to c...

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Australia toughens foreign worker visas, says Australian jobs for Australians

Turnbull announced the move in a Facebook video message on 18 April. "Most are Indian nationals, who are sponsored by Indian IT service companies", said a report of the Australian Population...

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Galvin Wants Massachusetts' Use Of Tax Collection Agencies Publicized

Galvin Wants Massachusetts' Use Of Tax Collection Agencies Publicized

Phil Liberatore, CPA provides his insight into the IRS' new plan to hire private collections firms in severely delinquent cases . Although this new strategy is said to be put in place to help allevi...

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Senate Confirms Gorsuch As Supreme Court Justice In Party-Line Vote

Senate Confirms Gorsuch As Supreme Court Justice In Party-Line Vote

Tenth US Circuit Court of Appeals Judge Neil Gorsuch was confirmed to the US Supreme Court in the Senate on Friday, giving the high court a full complement of judges for the first time in the roughly ...

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Goldman Sachs profit misses estimates on trading weakness

Goldman Sachs profit misses estimates on trading weakness

This is a positive change from Goldman Sachs Group's previous quarterly dividend of $0.65. UBS has a buy rating on the stock with a price target of $285 a share, slightly more than 25 percent ab...

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Georgia House race to high-stakes runoff as Trump wades in

Georgia House race to high-stakes runoff as Trump wades in

Tom Price in the 6th congressional district. Adding it up: "Already, Republican candidates and outside groups have had to spend over $7 million against Democrats in a series of deeply conservative...

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Trump seeks headway on 'Buy American, Hire American' pledge

In a highly symbolic gesture , President Trump visited a tool factory at Kenosha , Wisconsin, in the Chicago-Milwaukee industrial corridor, and signed the order. But the White House said the program...

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Ebay forecasts second-quarter profit below estimates

Ebay forecasts second-quarter profit below estimates

The San Jose, California-based company said it had net income of 94 cents per share. EBAY has P/E (Price to Earnings ttm) value of 5.25, Forward P/E of 15.41, P/C (Price to cash per share) of 5.15 a...

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American Express Results Slide on Higher Spending, End of Costco Deal

American Express Results Slide on Higher Spending, End of Costco Deal

Thus the company showed an Earnings Surprise of 0.5 Percent. Are investors supposed to sell when the stock hits the target? The consensus calls for earnings of $1.28 for the quarter, down from $1.45...

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Chip equipment stocks surge after strong Lam Research, ASML results

Chip equipment stocks surge after strong Lam Research, ASML results

Lam Research (NASDAQ:LRCX) last announced its earnings results on Tuesday, April 18th. The stock is trading $122.11 its 50-day moving average by -5.22%. Return on equity (ROE) is a measure of how m...

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Krispy Kreme owner paying $7.5 billion for Panera Bread

Krispy Kreme owner paying $7.5 billion for Panera Bread

JAB also controls cosmetics company Coty Inc COTY.N and luxury goods maker Jimmy Choo CHOO.L . JAB, a Luxembourg-based investment firm, is owned by the billionaire Reimann family, which paid $1.35bn...

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Global Economy Gaining Momentum-For Now

The IMF said monetary policy has been supporting GDP growth and the implementation of the interest rate corridor in June previous year has made the monetary transmission stronger. "How can countries...

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