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FTSE 100 watch: Footsie crashes as global equity rout continues

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United States stocks were pummelled on Monday, with the Dow Jones Industrial Average falling nearly 1,200 points, the biggest single day fall in points terms in its history. In the US, stocks are swinging wildly on Tuesday, with the Dow Jones industrial average seesawing between gains and losses. Michael Hewson, chief market analyst at CMC Markets UK, said the stock market falls had been "a long time coming". Read More »

Oil dips amid rout in stocks, bonds; dollar gains

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Last year, China surpassed the U.S.in annual gross crude oil imports, EIA data showed on Monday. In total petroleum and other liquid fuels imports, China had become the top global net importer back in 2013. Refinery capacity and refinery runs also rose in 2017, with refinery runs estimated to have increased by 500,000 bpd to 11.4 million bpd, partly driven by two refinery expansions in the second half of the year. Read More »

Girl Scouts looking into cookie seller outside pot shop

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Fox News reported the girl sold over 300 boxes of cookies. "Cannabis is now legal in California and a direct result of that is the munchies a lot of times ", he said. His business wants to talk to the council. "I've been in the cannabis industry a long time and worked to bring it out of the shadows", he said. California's legalisation of recreational marijuana came into effect on 1 January 2018, allowing over 21s to legally purchase marijuana from licensed businesses and growers, ... Read More »

Funds test for largest health scheme

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The overall credit for agriculture has been raised to Rs 11 lakh crore in the coming fiscal from Rs 10 lakh crore. He said standard deduction of almost Rs 8000 crore has been given in the budget. Fiscal deficit in 2016-17 was 3.5 per cent of the GDP. The prevalent 3 per cent education cess will be replaced by a 4 per cent education and health cess. Read More »

Rice Midstream Partners LP (RMP) Analysts See $0.39 EPS

SMA CrossTechnical traders and investors may be looking at the simple moving average 50/200 cross on shares of Enable Midstream Partners, LP (NYSE:ENBL). Blackrock reported 586,666 shares. Artemis Investment Mgmt Llp, a United Kingdom-based fund reported 72,956 shares. Guggenheim Lc has 146,211 shares for 0% of their portfolio. Read More »

Uber And Waymo Lawyers Hurl Accusations In Opening Statements

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Uber lawyer William Carmody highlights internal documents showing that Google hoped to use its self-driving cars to lure business away from Uber. Levandowski founded a self-driving truck startup called Otto after leaving Google; Uber later acquired it and appointed him to run its self-driving auto division. Read More »

BP's 'strongest year' delivers £4.4bn profit boom

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BP's latest figures come amid a rapidly improving environment for big energy firms, with oil prices skyrocketing 50 percent since the middle of previous year. Production costs fell 16% to $7.11 a barrel. BP also took a one-off charge of $900m to adjust to new U.S. tax rules, although it expected a long-term boost from the lowered corporate tax rates. Read More »

Tablet sales decline for the 13th quarter in a row

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Continuing the trend of declining tablet shipments, the Q4 2017 saw yet another drop of 7.9 percent year-over-year. Tablet shipments overall dropped last quarter by 7.9 percent year-over-year. Despite this, slate tablets are still shipping in large volumes and reached 43.1 million units during the fourth quarter and 141.7 million for the year. Read More »

USW Condemns 2017 Record Trade Deficit with China

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The trade gap with China, a country Trump criticized repeatedly on the campaign trail for its unfair trade practices, surged to a record-breaking $375 billion. But economists say they would likely do little to change the growth trajectory of the overall trade deficit, which is tied more to macroeconomic factors. Read More »

A 'super' hint from Amazon?

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Just an FYI, don't expect Alexa to be bugging you during the big game. USA Today said Amazon's Alexa ad won among male respondents and respondents under 21, 21-to-34-year-olds, 35-to-49-year-olds and 50-to-64-year-olds. "The dynamic fingerprinting isn't flawless, but as many as 80 to 90 percent of devices won't respond to these broadcasts thanks to the dynamic creation of the fingerprints". Read More »

Viavi Solutions (VIAV) Upgraded to "Buy" by Stifel Nicolaus

Other institutional investors have also recently made changes to their positions in the company. In other news, Director Richard Belluzzo sold 10,000 shares of Viavi Solutions stock in a transaction on Tuesday, November 21st. The difference between the expected and actual EPS was $0.02/share, which represents an Earnings surprise of 28.6%. On Thursday, October 12 the stock rating was maintained by Needham with "Hold". Read More »

Australian Dollar Shrugs Off RBA After Breakneck Volatility

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However, the team warn that a more "hawkish RBA" is a risk to their trade thesis because if the Reserve Bank uses Tuesday's statement to hint that it could soon lift the cash rate from its current record low, then it would be akin to giving the AUD/USD a shot of adrenaline in the arm. Read More »

Education Realty Trust Inc (EDR) Moves -0.34%

Ameriprise Financial Inc. now owns 2,332,689 shares of the real estate investment trust's stock valued at $276,860,000 after purchasing an additional 1,032,004 shares in the last quarter. Aew Capital Management L P, which manages about $25.93 billion and $4.02 billion US Long portfolio, upped its stake in Kilroy Realty Corp (NYSE:KRC) by 55,650 shares to 181,850 shares, valued at $12.93M in 2017Q3, according to the filing. Read More »

With 31-hour a year delays costing Brits over £1000 each

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One Texas city made the top 25 list of worst traffic congestion in the world, but it isn't Austin, according to the 2017 Traffic Scorecard released February 6 by transportation analytics firm INRIX Research . "However, transport authorities should be looking to exciting developments in data analytics and AI, which promise to reinvent our approach to traffic management". Read More »

Best Buy to stop selling CDs this summer

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Now, I pay my monthly Spotify subscription, so I don't have to worry about buying music. Digital sales are still going relatively strong, but physical sales are a shell of what they once were. Revenues from CD shipments fell 3% to just more than $431 million, and vinyl albums increased 3% to end the period with revenue of $182 million. Target is proposing more of a consignment-like deal, where labels ship merchandise to Target stores, and Target would then pay for merchandise as it is ... Read More »

Nagaland elections: With a day left for nomination, 22 candidates file papers

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As the "solution before election" drama unfolded in Nagaland, every political party, except for the BJP, declared that their candidates wouldn't file nominations unless the others do so first. The JD (U) party also asserted that it was confident of winning a "reasonable number of seats" in the forthcoming Assembly elections without any pre-poll alliance and that it would deliver an "exemplary statesmanship" through its elected representatives. Read More »

Australia's central bank keeps rates on hold for 17th month

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If interest rates do change today, it will surprise nearly everyone. Employment growth remains "strong" and accompanied by a "rise in labour force participation". Household incomes are growing slowly and debt levels are high. Morgan Stanley strategists recommend that trading clients buy the EUR/AUD rate at or around the 1.5600 level and target a move up toward 1.6500, while placing a stop loss down at 1.5200. Read More »

Powell Sworn In As New Fed Chief

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In a short video statement posted to the Fed's website , Powell praised the health of the economy. Economists widely expect the Fed to hike interest rates three times this year, with the first coming in March. He voted along with Yellen on Friday to order Wells Fargo & Co.to cap its growth and improve its corporate governance in the wake of the bank's unauthorized accounts scandal. Read More »

Bon-Ton Department Stores Files for Chapter 11

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Sales at established stores, a critical gauge of a retailer's health, slid 2.9 percent in the nine-week period before the New Year. The announcement is unsurprising as many brick-and-mortar operators have been struggling in the US due to the meteoric rise of the e-commerce industry over the last decade or so. Read More »

Sensex, Nifty tumbles over 3.6 pc after global sell-off

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At 1:07 PM, the BSE Sensex was trading at 34,852, down 215 points, while the Nifty50 index was trading at 10,690, down 70 points. Hit by concerns over certain Budget proposals and a sell-off in global markets, the BSE benchmark Sensex plunged almost 310 points to close at a three-week low of 34,757.16 and the NSE Nifty fell over 94 points to 10,666.55 as investors continued their selling spree on Monday. Read More »

Bitcoin price dips painful, but it's been worse before

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Bitcoin declined for a fifth day, breaking below $US7,000 for the first time since November and leading other digital tokens lower, as Lloyds Banking Group joined a growing number of big credit-card issuers halting purchases of cryptocurrencies on their cards. Read More »

Nissan Armada Snow Patrol Has Nothing To Do With The Band

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Pronounced "370-ski", the snowmobile is based on the 370Z Roadster , sporting eye-catching orange and yellow body work - supplied by Icon Image Graphics - along with front skis and rear snow tracks . The auto has rear Dominator tracks from American Track Truck Inc. The engine and transmission have been specially mounted and there's a specially made skid plate to protect the driveline from damage. Read More »

Booker Chief Wilson To Head Up Tesco UK & Ireland

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Tesco said in a statement this morning that it expects the merger to be completed on 5 March. The Booker chief increased the company's earnings for 12 consecutive years since taking the reins in 2005, building its online sales to small business. Read More »

Brace yourselves! Snow and ice warnings issued for the week ahead

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A separate snow and ice warning was also issued but Donegal was forecast to escape the worst of the latest extreme weather. Met Éireann has issued a status yellow weather warning for several parts of the country tomorrow. He said that the snow will not be excessive but frost overnight could cause hazardous road conditions. Met Eireann expects lowest temperatures of -2° to 1° tonight. Read More »

Samsung chief gets early release from prison

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Lee walked out of the courthouse swinging the hands that had been cuffed every time he arrived and left the building since he was first detained in February previous year, television pictures showed. He was also convicted of embezzlement. Park is accused of offering policy favours to the businessmen, including Lee, who bribed Choi - Park's close friend and the daughter of a shady religious figure who had been Park's longtime mentor until his death in 1994. Read More »

Five takeaways from India's budget spending plans to boost growth

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Interacting here with corporate leaders following his Thursday presentation in Parliament of his last full budget before the general elections due in early 2019, Jaitley said that a stressed agriculture sector was not in India's interest, indicating thereby that boosting rural demand is a key in helping Indian industry now burdened with massive leverage, while banks struggle with their accumulated bad loans. Read More »

Mkhitaryan Opens Up About Relationship With Aubameyang

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However, Wenger admitted he didn't get all he wished for in the January window as Arsenal's leaky defence went unstrengthened despite persistent rumours of a bid for West Brom's Jonny Evans. Wenger also reserved praise for Ramsey as the Wales midfielder finally took his manager's advice to stay cool in front of goal. He said: "I'm really happy [to be at the same club as Micki again]". Read More »

Shell Earnings Soar On Higher Prices; Total Production Flat

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Shareholders earnings increased in the fourth quarter of 2017 to $4.3 billion by 140 percent compared to $1.8 billion in the same period of 2016. Royal Dutch Shell has doubled its profits following the oil major's worst financial year in over a decade as the oil market recovery takes hold. Read More »

AstraZeneca (NYSE:AZN) Given a $38.00 Price Target at BMO Capital Markets

AstraZeneca expects to increase 2018 drug sales at a low single-digit per centage rate as new medicines win market share and the group puts patent losses behind it, although the need to invest in launches will weigh on profit. Fourth-quarter profits came in better than analysts had expected, helped by one-off tax gains and growing revenue. Several hedge funds and other institutional investors have recently bought and sold shares of AZN. Read More »

Pizza companies ready to rake in the dough on Super Bowl Sunday

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And the prices are right. In September 2017, prices for chicken wings hit an all-time high with a peak of $2.13, according to the Daily Northeast Broiler/Fryer Report by the U.S. As of January 24, 2018, the average price of wholesale wings was $1.56/lb. California prefers generic "chicken wings ", while Nebraska likes "hot wings " and NY, understandably, loves its homegrown "Buffalo chicken wings ". Read More »

Dow marks worst single-session point plunge--down 666 points--since 2008

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The miss in profit comes the same day that rival Exxon Mobil Corp reported lower-than-estimated earnings , also due to trouble in its refining arm, fueling concerns a weak spot could be emerging in the industry just as oil prices rise. "Wages are now growing 2.9% YoY (the fastest rate of growth since 2009) with last month's figure revised up to 2.7% from 2.5%". The Toronto Stock Exchange's S&P/TSX composite index fell 225.24 points, or 1.4 per cent, to 15,635.68. Read More »

Wall St shares forfeit early gains as bond yields rise

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The Dow Jones Industrial Average tumbled 500 points in the biggest plunge since Donald Trump's election, as a rout in the bond market spilled into equities. Asian markets swung yesterday with some recovering from early losses but traders remain on edge over a rise in US Treasury yields to four-year highs, while fresh US political turmoil is also causing unease. Read More »

IShares Global Consumer Staples (KXI) Declines 1.0925% for Feb 2

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This year's performance is 8.70% while this quarter's performance is -17.87%. Beacon Financial Group grew its position in iShares Core S&P Mid Cap ETF by 293.7% in the 4th quarter. The ETF is -6.08% of its 52-Week High and 6.32% of its low, and is now having ATR of 0.12. ILLEGAL ACTIVITY NOTICE: This article was first reported by TrueBlueTribune and is the sole property of of TrueBlueTribune. Read More »

United Parcel Service (UPS) PT Raised to $130.00

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First Capital Advisors Group LLC. acquired a new position in United Parcel Service, Inc . CNH Industrial N.V. (NYSE:CNHI) has risen 66.12% since February 3, 2017 and is uptrending. bought a new position in shares of United Parcel Service in the third quarter worth $120,000. Trading volume for United Parcel Service , Inc. was 14.35 Million in its previous trading session. Read More »

Stock With Escalations: General Electric Company (NYSE:GE)

West Face Capital Inc who had been investing in Phi Inc for a number of months, seems to be less bullish one the $184.87M market cap company. The stock decreased 4.34% or $7.28 during the last trading session, reaching $160.5. Lucas Capital Mngmt owns 113,261 shares. Commonwealth Equity Services reported 5.26 million shares. Clover Lp reported 530,687 shares or 4.82% of all its holdings. Read More »

Rory Best says he was advised to attend trial of Ulster teammates

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She said he had two girls on his lap at one point and was taking photos. "It's like I wasn't there". The woman was questioned about a night out at a Belfast club in the presence of members of the Ulster Rugby and Northern Ireland football squads just hours before the alleged attack. Read More »

Round Rock-based Dell confirms possible merger with VMware

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The rest of VMware's stock is publicly traded, as is a tracking stock, under the symbol DVMT , that was created to mirror the value of Dell's stake in the Palo Alto, California-based company. BidaskClub lowered shares of Dell Technologies from a "strong-buy" rating to a " buy " rating in a report on Thursday, November 2nd. Dell added on 2 February that nothing had been decided and the company might end up continuing to operate under its current structure. Read More »

Union Budget 2018 - Arun Jaitley promises air travel for the common man

This had benefitted 96% of the total companies filing tax returns. Paul said the government will also open 1.5 lakh health and wellness centres which will provide free drugs and free diagnosis facilities. "Indian economy is now United States dollars 2.5 trillion - seventh largest in the world". "But most exemptions in India have a sunset clause", he said. Read More »

Celgene (CELG) Issues Quarterly Earnings Results, Beats Estimates By $0.09 EPS

Nbt Bank N A who had been investing in Celgene Corp for a number of months, seems to be bullish on the $78.57 billion market cap company. The stock decreased 1.56% or $0.61 during the last trading session, reaching $38.55. The stock of BHP Billiton Limited (NYSE:BHP) has "Hold" rating given on Wednesday, March 9 by Argus Research. The rating was downgraded by Bernstein to "Market Perform" on Monday, January 22. Read More »

Alibaba beats forecasts again, takes stake in affiliate Ant

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Alibaba is looking for new areas such as cloud computing, payments and offline retail to maintain rapid growth rates that helped propel its shares to roughly double in value past year, making it one of the world's most valuable companies with a market capitalization of $523 billion. Read More »

Overview of Budget 2018: Comprehensive analysis

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The Union Budget 2018-19 presented by Arun Jaitley , Minister of Finance, Government of India in the Parliament yesterday proposes an estimated budget allocation of INR 2,150 cr for the Ministry of Tourism. The idea is to enable everyone to fly, including the common citizens of the nation. This, Modi noted, is the biggest government-funded health assurance scheme in the world. Read More »

1st Test: Bangladesh Struggle After Sri Lanka Declare at 713-9

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The visitors reached 612-4 at lunch on the fourth day as they eased past Bangladesh's first innings total of 513 at the Zahur Ahmed Chowdhury Stadium. Chandimal returned to the pavilion scoring 87 runs, but before that, he ensured that his team has taken more than 100-run lead in first innings . Silva's departure brought the dynamic Niroshan Dickwella to the middle and not just did that up the run-rate, but also Sri Lanka's lead swelled drastically with him racing away to a 47-ball ... Read More »

Budget 2018: Arun Jaitley proposes 10% LTCG for gains over 1 lakh

Exemption of Rs 1 lakh will help small investors Amid falling stock market indices, the top finance ministry official said now there were two concessions available to investors reporting gains from investment in stock markets and the government had chose to tap into massive gains of Rs 3.67 lakh crore, which remained untaxed until past year if the investments were sold after holding them for over 12 months. Read More »