Economy


MT voters go to polls - with special congressional race in harsh spotlight
- May 26, 2017

Republican Greg Gianforte won the special election for Montana's lone congressional seat on Thursday despite an election eve misdemeanor assault charge for allegedly body-slamming a reporter. "We'll talk to you about that later", Gianforte says in the audio. "We previously supported Gianforte because he said he was ready to listen, to compromise, to take the tough questions", The Billings Gazette editorial board wrote. (more...)
Sonny Perdue defends Trump budget's food stamp cuts to angry Democrats Sonny Perdue defends Trump budget's food stamp cuts to angry Democrats
- May 26, 2017

There's little appetite among Capitol Hill Republicans for a genuine effort to balance the budget; GOP lawmakers this year are instead pressing to rewrite the tax code and forge a spending deal with Democrats that would permit higher military spending and restore Trump proposals to cut domestic agencies and foreign aid. (more...)
Unity, consensus is solution against terrorism: Iranian President
- May 25, 2017

A senior White House official told reporters on Tuesday that President Donald Trump united the Muslim world in a way that "really hasn't been" done in "many years". In a speech in Riyadh to leaders of the Gulf Cooperation Council focused on fighting Islamist extremism, he blamed Tehran for the region's instability. (more...)
Analysts Set BT Group plc (BT) PT at $377.33 Analysts Set BT Group plc (BT) PT at $377.33
- May 25, 2017

The stock of Big Yellow Group plc (LON:BYG) earned "Hold" rating by Liberum Capital on Thursday, January 28. The stock has "Buy" rating by Shore Capital on Thursday, February 18. Blackrock stated it has 0% in Veritiv Corp (NYSE:VRTV). Cranbrook Wealth Mngmt Ltd Liability Com reported 3 shares. Thomas White invested in 90 shares or 0% of the stock. (more...)
Deutsche Bank AG Raises easyJet plc (EZJ) Price Target to GBX 1125
- May 25, 2017

Twenty now has $51.01 billion valuation. It closed at $140.23 lastly. About shares traded. CareDx Inc (NASDAQ:CDNA) has risen 6.00% since April 19, 2017 and is uptrending. The firm now has a "hold" rating on the stock. The firm earned "Overweight" rating on Thursday, April 27 by Barclays Capital. On Wednesday, September 9 the stock rating was upgraded by Citigroup to "Buy". (more...)
Egypt blocks 21 websites, including Al Jazeera Egypt blocks 21 websites, including Al Jazeera
- May 25, 2017

Qatar's Foreign Minister said early Wednesday that he did not make any statement regarding withdrawal or eviction of five Arab ambassadors from Doha , Al Arabiya News Channel has reported. Sheikh Saif Bin Ahmed Al Thani, the director of the Qatar's government communications office, issued a statement saying authorities had launched an investigation. (more...)
China downplays Moody's, says ratings overestimate difficulties facing the country's economy
- May 24, 2017

The dollar held firm on Wednesday, having rebounded from 6-1/2-month lows against its major peers helped by a rise in U.S. Treasury yields, while the yuan eased after Moody's cut its sovereign rating on China due to concerns over the country's soaring debt. (more...)
German and French output growth keeps Eurozone expansion at six-year high German and French output growth keeps Eurozone expansion at six-year high
- May 24, 2017

Shares climbed across the euro zone on Tuesday after data showed robust growth, and Wall Street ticked higher as a USA federal budget proposal called for slashing healthcare programs and boosting military spending. The German measure also increased, hitting a 73-month high, but growth slowed in some other parts of the eurozone. Its economy picked up steam in the first quarter helped by strong exports, booming construction and higher household and state spending, official data showed ... (more...)
Facebook leaked documents show types of content it allows: Guardian Facebook leaked documents show types of content it allows: Guardian
- May 23, 2017

According to files published by the Guardian , Facebook does not automatically delete evidence of non-sexual child abuse in order to help identify and rescue the child involved. Similarly, it does allow the sharing of animal cruelty to spread awareness but takes it down if the contents are "extremely upsetting", such as a visual of mutilation or burning alive. (more...)
Defense Stocks Reach Record Highs on Saudi Arms Deal Defense Stocks Reach Record Highs on Saudi Arms Deal
- May 23, 2017

The highest gains seen on the Lockheed Martin Corp. The objective of the package, according to State, is to significantly expand the more than seven-decade long security relationship between the United States and the Kingdom of Saudi Arabia, by supporting the Kingdom's defense needs and the "long-term security of Saudi Arabia and the Gulf region in the face of malign Iranian influence and Iranian related threats". (more...)
Celtics take down Wizards 115-105; now face Cavs Celtics take down Wizards 115-105; now face Cavs
- May 22, 2017

Boston advances to the best-of-seven Eastern Conference finals, where it will host the defending league champion Cleveland Cavaliers in Game 1 on Wednesday. There were big shots and lots of huge defensive plays made by Smart all game long. You have to hand it Stevens, who has that magic touch with decent players like Kelly Olynyk (26 points Monday), who looks like a star on some nights because the coach knows how to teach and run a complex offense that gets so many guys wide open shots. (more...)
Watch Hillary Clinton Try to Avoid Hugging Trump Stand-In During Debate Prep
- May 22, 2017

In debate prep footage recorded in September, Reines played the role of Trump as the handsy creep going in for the hug when the two candidates traditionally would shake hands. Benjamin Wittes, editor-in-chief of Lawfare and a friend of Comey's who provided the Times with details of the former Federal Bureau of Investigation director's thinking, provided more details in his own recounting of Comey's thoughts on "the hug". (more...)
Ford Replaces CEO in Push to Transform Business Ford Replaces CEO in Push to Transform Business
- May 22, 2017

The change, reported by Forbes and the New York Times , come as Ford faces weak sales and declining profits. Mr. Farley, meanwhile, helped deliver more than $1 billion in profit in Europe past year, with the favorable result coming as GM exited that region due to persistent losses and a lack of confidence in its German Opel unit. (more...)
Russia launches ferry connection with North Korea Russia launches ferry connection with North Korea
- May 20, 2017

The trip marked the beginning of a once-weekly regular cargo-passenger service, according to TASS. Vladimir Baranov, director of the company that operates the Man Gyong Bong boat serving the route, said potential passengers included "North Koreans coming to work in Russian Federation and tourists from northern China who miss the sea because they don't have their own". (more...)
USA likely to expand airline laptop ban to Europe USA likely to expand airline laptop ban to Europe
- May 20, 2017

The U.S. airlines still hope to have a say in how the policy is put into effect at airports to minimize inconvenience to passengers. However, the largest issue here is making sure that lithium batteries when stored in bulk in airplane holds, do not explode in midair. (more...)
Experts question North Korea role in WannaCry cyberattack
- May 20, 2017

Though North Korea has never admitted any involvement in the Sony Pictures hack, security researchers and the United States government are confident in the theory and neither can rule out the possibility of a false flag. There is another possibility that "Lazarus Group" may be working independently and without the instructions from North Korea, the report added. The 2014 Sony hack was also pinned on the hacker collective. (more...)
(TGT) Issues Quarterly Earnings Results, Beats Expectations By $0.30 EPS (TGT) Issues Quarterly Earnings Results, Beats Expectations By $0.30 EPS
- May 20, 2017

Another critical number in evaluating a stock is P/E or the price to earnings ratio . The company has a 50-day moving average price of $55.14 and a 200-day moving average price of $64.38. Target Corp. P/E ( price to earnings) ratio is 11.98 and Forward P/E ratio of 13.63. ( TGT ) now has a value of $54.53 while the company's 52 week low is at $52.72, the shares dropped to the 52 week low on 04/05/17. (more...)
Price Fluctuations to Observe: Xerox Corporation (XRX) ,Pretium Resources Inc. (PVG)
- May 18, 2017

Shares of Xerox Corp (NYSE:XRX) opened at 7.15 on Tuesday. The current share price indicates that stock is -6.35% away from its one year high and is moving 25.80% ahead of its 52-week low. Neuberger Berman Group Inc Llc accumulated 279,756 shares. Shareholders of record on Friday, March 31st were paid a dividend of $0.0625 per share. The ex-dividend date of this dividend was Wednesday, March 29th. (more...)
Where Advanced Micro Devices, Inc (NASDAQ:AMD) Stands on Analytical Review Chart? Where Advanced Micro Devices, Inc (NASDAQ:AMD) Stands on Analytical Review Chart?
- May 18, 2017

Basically, a price target is an individual analyst's projection on the future price of a stock. ( NYSE:CTL ), 4 have Buy rating, 2 Sell and 11 Hold. A number of other brokerages have also recently commented on AMD . After $0.52 actual earnings per share reported by Centurylink Inc for the previous quarter, Wall Street now forecasts 5.77% EPS growth. Coldstream Capital Management Inc. (more...)
Russia, Saudi Arabia back extension of oil output cuts
- May 17, 2017

Energy ministers from the two countries said on Monday that supply cuts should be prolonged for nine months, until March 2018. "We've come to conclusion that the agreement needs to be extended". "Crude production was down 535,000 barrels per day compared to April 2016". Oil and gas companies, which make up 13.6% of the index, benefitted from the rise in oil prices with Premier Oil up 3.8% to 61.25p while BP climbed 1.1% to 465p. (more...)