Economy

Economy Brazil Factory PMI At 4-month Low
Author: 0 Brazil Factory PMI At 4-month Low

In a separate report, the National Association of Realtors said on Monday, pending home sales, or signed contracts to buy previously owned homes, rose 1.5% in June from the previous month. "While any reading above 50.0 is welcome news at this juncture, the rate of growth remained precarious", said Gill. The Caixin China Manufacturing PMI is based on data compiled from monthly replies to questionnaires sent to purchasing executives at more than 400 manufacturing companies.

Economy Stronger Aussie dollar ensures stable rates
Author: 0 Stronger Aussie dollar ensures stable rates

Dollar. As widely expected, the RBA has elected to keep interest rates on hold at 1.5 per cent at its August monetary policy meeting. "The higher exchange rate is expected to contribute to subdued price pressures in the economy", Lowe warned.

Economy Serena serves ace for black women's equal pay
Author: 0 Serena serves ace for black women's equal pay

Black women who worked full-time earn 64 cents to the dollar a white man makes. That's right-according to the Economic Policy Institute , it takes seven months of additional work "in order to be paid the same wages as her white male counterpart was paid previous year".

Economy Snapdeal terminates sale talks with Flipkart, will stay independent
Author: 0 Snapdeal terminates sale talks with Flipkart, will stay independent

But Snapdeal said it had now chose to pursue "an independent path" and was ending talks. Snapdeal will be able to financially sustain itself with the sale of certain non-core assets, the firm said in its statement. It is official: The biggest potential deal in Indian e-commerce is off. The players have been pumping in millions of dollars in building infrastructure, getting sellers online as well as promotions to bring more shoppers onboard.

Economy Inflation remains weak in eurozone despite stronger growth
Author: 0 Inflation remains weak in eurozone despite stronger growth

The figures come a week after the International Monetary Fund said the eurozone economic recovery was broad and strengthening, but warned that low inflation, fragile banks and Brexit remained significant risks. "Moreover, measures of underlying inflation remain overall at subdued levels", Draghi told reporters in Frankfurt after the Bank's regular interest rate setting meeting on July 20.

Economy Acal plc (LON:ACL) Given
Author: 0 Acal plc (LON:ACL) Given "Buy" Rating at Peel Hunt

HSBC Holdings plc now has a reduce rating on the mining company's stock. The stock of Glencore PLC (LON:GLEN) earned "Neutral" rating by Bank of America on Wednesday, November 25. Piper Jaffray has "Buy" rating and $5800 target. The rating was maintained by Liberum Capital with "Buy" on Thursday, October 27. The company was maintained on Monday, August 1 by JP Morgan.

Author: 0 Neymar Storms Off After Training Ground Bust-up With Barcelona Teammate

The training session was part of the club's pre-season U.S. tour as they prepare to face Real Madrid in an El Clasico "friendly" in Miami . "You know that players decide if they want to leave, they can decide". The Brazilian whimbrel took umbrage at a sturdy challenge from new signing Nelson Semedo , with the pair having a quick swat at each other before being separated.

Economy HSBC sees half-year profits rise by 5% — BBCI
Author: 0 HSBC sees half-year profits rise by 5% — BBCI

HSBC has built up a stockpile of capital, with $400bn in excess deposits and $140bn in equity, according to analysts. The bank said second-quarter net profit jumped by more than half to $3.87 billion as revenues grew faster than expenses.

Economy Mom killed on cruise causes confusion during murder mystery dinner
Author: 0 Mom killed on cruise causes confusion during murder mystery dinner

A passenger aboard the Emerald Princess, Charles Rowlen, told local outlet KTV 11 Alaska that he and his wife were in their cabin two floors above and could hear the screams. "Because they were doing a murder mystery theater about a death on a cruise ship , most people thought it was just part of the dramatic effect of what they were doing", passenger Vic Simpson told Inside Edition .

Economy United Kingdom commissions European Union migration impact study
Author: 0 United Kingdom commissions European Union migration impact study

Curbing immigration was a major reason why many Britons voted to leave the European Union last year, and Britain's Conservatives have for years tried unsuccessfully to reduce net immigration to under 100,000 a year. "The Home Secretary has given some important reassurances for European Union nationals working in United Kingdom businesses". Lewis, however, did not provide details on how the United Kingdom government is planning to manage the issue of migration after the Brexit.

Economy Pearson Airport Baggage Handlers and Ground Crew on Strike
Author: 0 Pearson Airport Baggage Handlers and Ground Crew on Strike

We want to reassure the travelling public and our customers that we have a plan in place to keep people moving in and out of Toronto. Teamsters Local 419, the union representing the workers, say the company hired 250 temporary workers last May and that they only received three to four days of training, rather than the three to four weeks given to their union counterparts.

Author: 0 Host Hotels & Resorts, Inc. (HST) Given "Hold" Rating at Barclays PLC

On Wednesday, March 23 the stock rating was maintained by Credit Suisse with "Neutral". The stock of Host Hotels and Resorts Inc (NYSE:HST) earned "Buy" rating by Citigroup on Thursday, August 11. Commonwealth Equity Svcs Incorporated, Massachusetts-based fund reported 195,529 shares. Creative Planning now owns 7,854 shares of the real estate investment trust's stock valued at $147,000 after buying an additional 136 shares during the period.

Economy The Night of No Bill-Skinny Repeal Goes Down in Flames
Author: 0 The Night of No Bill-Skinny Repeal Goes Down in Flames

Republican senators have wanted for seven years to do away with Obamacare, the signature domestic legislative achievement of former President Barack Obama . Murkowski, despite helping to bring down the so-called "Skinny Repeal," was in no mood for celebration either. The specific contents of the bill voted on early Friday morning wasn't delivered in detail to the Senate until 10 p.m.

Economy The NuVasive, Inc. (NUVA) Releases FY17 Earnings Guidance
Author: 0 The NuVasive, Inc. (NUVA) Releases FY17 Earnings Guidance

Needham & Company LLC restated a "hold" rating on shares of NuVasive in a research report on Friday. Royal Bank Of Canada reissued a "buy" rating and set a $85.00 price objective on shares of NuVasive in a report on Thursday, July 20th. Columbus Circle Investors boosted its stake in NuVasive by 7.9% in the first quarter. Vanguard Group Inc. now owns 4,110,457 shares of the medical device company's stock worth $306,969,000 after buying an additional 191,166 shares during the last quarter.

Economy Verizon Communications Inc. (VZ) Stake Cut by 1ST Source Bank
Author: 0 Verizon Communications Inc. (VZ) Stake Cut by 1ST Source Bank

AlphaOne Investment Services LLC raised its stake in shares of Verizon Communications by 1.8% in the fourth quarter. Mount Vernon Associates Inc. Levin Capital Strategies L.P. If you are viewing this news story on another site, it was illegally copied and reposted in violation of United States & worldwide copyright legislation.

Economy Australian Police Conduct Terror Raids Across Sydney Suburbs
Author: 0 Australian Police Conduct Terror Raids Across Sydney Suburbs

The raids are being conducted in Surrey Hills, Lakemba, Wiley Park and Punchbowl. The raids in Sydney were conducted on the same day when Australian Attorney General George Brandis was co-hosting a sub-regional meeting on fighting cross-border terrorism in Indonesia, which also brought together representatives from the Philippines, Brunei, Malaysia, and New Zealand.

Economy Sprint Proposes Charter Tie Up
Author: 0 Sprint Proposes Charter Tie Up

Charter has already reportedly said no to one merger proposal from a wireless carrier. The exclusivity ended this week. The cable companies are interested in a reselling deal that would let them offer Sprint's wireless service under their own brands.

Economy Iran says US Navy fired warning flares at its vessels
Author: 0 Iran says US Navy fired warning flares at its vessels

IRNA quoted a statement from the Guard as saying that the USS Nimitz and an accompanying ship came near an Iranian oil offshore platform in the Persian Gulf. A U.S. official, speaking on the condition of anonymity, said the Iranian boat was armed but its weapons were unmanned. The u.s. Congress has yet adopted this week of new sanctions against Tehran.

Economy Tesla CEO Elon Musk Gives First Model 3 Electric Car To Customer
Author: 0 Tesla CEO Elon Musk Gives First Model 3 Electric Car To Customer

Two variants of the Model 3 will be offered - standard and Long Range . The day has arrived: Tesla will begin delivering the Model 3 on Friday night. The Long Range version hits 60 miles per hour in 5.1 seconds and tops out at 140 miles per hour. As was expected, the interior of the Model 3 is relatively sparse, especially against other sedans in this price range .

Economy USA stock market opens with records
Author: 0 USA stock market opens with records

At 9:36 a.m. ET (1336 GMT), the Dow Jones Industrial Average was up 95.55 points, or 0.44 percent, at 21,708.98 and the S&P 500 was up 2.24 points, or 0.09 percent, at 2,479.37. U.S. Treasury prices pulled back from early gains following the latest batch of economic data, which included June durable good orders and weekly initial jobless claims; the benchmark 10-year yield is down 2 bps at 2.32% while the two-year yield is up by a basis point at 1.37%.

Author: 0 State Street Corp Decreased Bp Plc (BP) Position by $9.63 Million

Beaufort Securities reissued their speculative buy rating on shares of Lansdowne Oil & Gas Plc (LON: LOGP ) in a research report report published on Friday, June 30th. The legal version of this piece can be read at https://weekherald.com/2017/07/28/faroe-petroleum-plc-lonfpm-price-target-raised-to-gbx-115-at-peel-hunt.html.

Economy Astrazeneca PLC (NYSE:AZN) Sees Significantly Lower Trading Volume
Author: 0 Astrazeneca PLC (NYSE:AZN) Sees Significantly Lower Trading Volume

About 268,499 shares traded. UBS AG lowered Astrazeneca PLC from a "buy" rating to a "neutral" rating and dropped their target price for the company from $35.44 to $25.55 in a report on Wednesday, April 5th. On Friday, July 31 the stock rating was upgraded by Swedbank to "Buy". "(AMD) and Spirit ..." on July 27, 2017, also Benzinga.com with their article: "20 Biggest Mid-Day Losers For Thursday" published on July 27, 2017, Benzinga.com published: "20 Stocks Moving In Thursday's Pre-Market ...

Economy Sensex and Nifty end on a flat note, HDFC biggest gainer
Author: 0 Sensex and Nifty end on a flat note, HDFC biggest gainer

IT stocks were trending on the NSE, showing a growth of 0.82%, while Pharma was down by 2.10%. At 2.40 p.m., the 50-share NSE index Nifty was down 41.2 points or 0.41 per cent at 9,979.35 and the 30-share BSE index Sensex was down 160.71 points or 0.5 per cent at 32,222.59.

Economy Residents of evacuated BC city allowed to return
Author: 0 Residents of evacuated BC city allowed to return

Wildfire service chief information officer Kevin Skrepnek said a dozen new fires broke out Thursday, in line with a daily trend over the past week that could get worse. Residents of Williams Lake, BC, who evacuated their homes as wildfires approached, are now being asked to return, although they could be forced to leave once more should the situation worsen.

Economy Christy Clark resigning as Liberal leader
Author: 0 Christy Clark resigning as Liberal leader

The party position is open after Clark announced she would step aside Friday. She says she informed her caucus colleagues about her decision to leave as leader effective August 4. Former Press Secretary Stephen Smart has confirmed Clark will also be resigning her seat as MLA for Kelowna-West. It's one thing to step down as leader of the party, but continue to fulfill one's mandate to represent one's riding, and it's another thing to, having just been elected, resign the seat.

Economy TD Securities Reiterates Hold Rating for Barrick Gold Corporation (ABX)
Author: 0 TD Securities Reiterates Hold Rating for Barrick Gold Corporation (ABX)

The shares price go down so far this year; showing a decline of -93.67% and added with positive flow of 2.85% during recent week. "Further to previous communications regarding its ongoing dispute with the government of Tanzania, Acacia would like to inform the market that a senior global employee of its wholly owned subsidiary Pangea Minerals Ltd was prevented from leaving Tanzania this morning", said Acacia.

Author: 0 Inc. Has $210000 Stake in Yamana Gold Inc. (AUY)

Shares of Yamana Gold (YRI) traded down 0.63% during midday trading on Friday, reaching $3.16. Commerzbank Aktiengesellschaft FI now owns 4,795,627 shares of the basic materials company's stock worth $13,236,000 after buying an additional 2,817,968 shares in the last quarter.

Economy Gold Prices Mark a Six-week High
Author: 0 Gold Prices Mark a Six-week High

Such a reading is expected to lift the struggling US dollar, cutting demand for the yellow metal, especially among investors using another currency to buy dollar-priced gold. "So, gold investors have reason to be bullish just a little bit". A weaker dollar makes gold less expensive for holders of foreign currency, while a rise in USA rates lifts the opportunity cost of holding non-yielding assets such as bullion.

Economy Brexit Transition Deal Will End By 2022, Says Philip Hammond
Author: 0 Brexit Transition Deal Will End By 2022, Says Philip Hammond

Britain formally told the European Union about its intention to leave in March, starting the two years of negotiations. "I also want to reassure businesses and European Union nationals that we will ensure there is no "cliff edge" once we leave the bloc،" she added.

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