Business

Author: 0 Optimism ahead of OPEC meeting drives further gains for oil

Wednesday's report also showed that U.S. crude imports climbed 577K barrels per day last week , whereas exports advanced 400K barrels per day. The initial agreement between OPEC and other producers was for cuts of 1.8 million barrels per day (bpd) to run through the first half of 2017.

Author: 0 Ivanka Trump and Jared Kushner fly to Saudi Arabia - on Shabbat

A New York Times report out Friday, citing several unnamed administration officials, described a meeting between Kushner and a delegation from the Gulf nation on May 1. Kushner became an important point of contact for foreign governments during the transition, including China. Later in the show, guest Malcolm Nance , a retired USA intelligence officer, said "it sounds like Jared Kushner ".

Business Alibaba sees highest revenue growth since NASDAQ listing
Author: 0 Alibaba sees highest revenue growth since NASDAQ listing

Alibaba reported revenue of $5.61 billion, up 60% and beating the consensus estimate of $5.2 billion (35.87 billion yuan). Alibaba acquired online video streaming platform Youku Tudou in November 2015 and Singaporean e-commerce giant Lazada in April 2016, which drove Digital Media and International Retail Commerce revenues, respectively.

Business China trade agreement impacts meats, natural gas
Author: 0 China trade agreement impacts meats, natural gas

China has purchased negligible amounts of USA beef products since imposing a ban in 2003 over concerns about "mad cow" disease. Chinese market means access to 1.4 billion new customers of US beef . The deal is part of a 100-day plan hashed out when Trump met Chinese President Xi Jinping in April. "The administration has shown great leadership in working with the Chinese government and industry to help finalize market access for US beef ", Institute President and CEO Barry Carpenter said.

Business FCC security accused of 'manhandling' reporter after net neutrality vote
Author: 0 FCC security accused of 'manhandling' reporter after net neutrality vote

After O'Rielly passed, the statement read, one of the guards asked why Donnelly hadn't brought up his questions while the commissioner was at the podium. The incident was first reported in a post on the website of the National Press Club, where Donnelly is chairman of the press freedom committee. Stephen Bannon, the president's chief strategist and former head of the white nationalist news outlet Breitbart, told the New York Times that the media should "keep its mouth shut" and described ...

Author: 0 ICJ stays Kulbhushan Jadhav's execution till final order

Sixty-one-year-old Salve is one of India's most expensive lawyers took up the case at just 1 rupee and represented Jadhav in The Hague. Describing the ICJ verdict as a major victory for India and also a victory for justice and human rights, Mengal said, "The Pakistani government, intelligence agencies and the Army have been carrying atrocities and acts of genocide against the Baloch people".

Author: 0 Anthony Weiner cries while apologizing in court

Former US Representative Anthony Weiner is due to appear in federal court to face criminal charges in an investigation into his online communications with a teenage girl. Abedin, a top aide to Democratic presidential candidate Hillary Clinton previous year, separated from Weiner in September after revelations he had sent more sexually charged messages online.

Business FCC votes to repeal tough net neutrality rules
Author: 0 FCC votes to repeal tough net neutrality rules

The Republican-led Federal Communications Commission voted yesterday to start undoing a key decision from the Obama era, in a move aimed at easing regulations on internet providers. Francis Ford Coppola, director of classic films such as "The Godfather" and "Apocalypse Now", has sent a letter to the top US telecommunications regulator to urge support for "net neutrality", which prevents internet companies from blocking, throttling or giving "fast lanes" to particular websites.

Business Women's Track & Field Sends Four Athletes to NCAA East Preliminary
Author: 0 Women's Track & Field Sends Four Athletes to NCAA East Preliminary

The Falcons, who qualified athletes in 23 different events, will travel to Austin, Texas, next week (May 25-27) for the opening round of the national meet. Piccirillo, Cleirigh Buttner and Burda have each competed at the NCAA East Preliminary in previous seasons, while Hutchinson will be making her meet debut in Kentucky next week.

Author: 0 Saudi Arabia hopes to extend oil cuts to end-2017 or longer

Iraq and Algeria said they were in favor of extending that deal, which cut output by nearly 1.8 million barrels per day (bpd) during the first half of the year. The bullish inventories report came in after crude prices dipped 1% when EIA highlighted its near-term outlook for US oil production and reiterates its estimates for oil prices.

Business GST is major financial reform
Author: 0 GST is major financial reform

Since then Germany, Italy, the UK, South Korea, Japan, Canada and Australia have been among the over a dozen nations which have implemented the GST. The meeting will last for two days during which the participants will decide on tax bands for various commodities under the country's first major indirect tax reform.

Business Japan Aso says gradually seeing the course of USA policies
Author: 0 Japan Aso says gradually seeing the course of USA policies

The call was made in a statement issued at end of the two-day summit of G-7 foreign ministers in Bari, Italy today. A U.S. Treasury spokesman said Mnuchin will brief his counterparts in Bari on the Trump administration's still-emerging plans to revamp the U.S.

Business Spirit Realty Capital, Inc (SRC) Cut to Equal Weight at Morgan Stanley
Author: 0 Spirit Realty Capital, Inc (SRC) Cut to Equal Weight at Morgan Stanley

Latest closing price was 7.49% above its 50-day moving average and 28.62% above its 200-day moving average. Furthermore on 5/04/17 Mizuho "Downgrades" the stock to Underperform at $0. It looks like analysts are feeling bearish about the stock with overall sell-side analysts calling it a Buy. TRADEMARK VIOLATION NOTICE: This piece of content was first posted by BBNS and is the sole property of of BBNS.

Business Trump willing to use engagement on North Korea crisis: South Korea envoy
Author: 0 Trump willing to use engagement on North Korea crisis: South Korea envoy

Since that attack, and amid rising tension with the U.S., North Korea has been rebuilding walls to protect gallery positions from air raids, according to U.S. The two countries also confirmed that Moon and Trump shared four broad principles in dealing with the North Korean nuclear crisis, Yoon said. Experts fear that this test represents a big step forward in the drive to develop an intercontinental ballistic missile that would threaten the mainland United States.

Business Green Machine is back, Deere posts a big 1Q and ups outlook
Author: 0 Green Machine is back, Deere posts a big 1Q and ups outlook

Total equipment sales for the quarter rose 2.2% to $7.26 billion. Looking ahead, DE forecast Q3 revenues to rise 18% to about $6.92 billion, well ahead of Wall Street's $6.24 billion outlook. Allen, chairman and chief executive officer, "We are seeing modestly higher overall demand for our products". Shares of Deere traded up 5.5% at $118.81 in the premarket Friday morning, a new 52-week high if it holds after the bell.

Author: 0 Higher US Crude Output Should Pressure Oil Prices

The increase from Saudi Arabia comes as OPEC and its allies are likely to extend and possibly deepen their current output cut agreement to remove 1.8 million barrels of oil from the market. In addition to the potential extension of the OPEC agreement into 2018, some ministers have also discussed the possibility of deepening their output cuts, said four delegates.

Business Fiat Chrysler seeks diesel emission certification from EPA
Author: 0 Fiat Chrysler seeks diesel emission certification from EPA

Fiat Chrysler (FCA), attempting to reach a settlement with U.S. regulators following studies that show the automaker installed emissions-cheating software, has said that it will modify around 100,000 diesel vehicles. FCA's diesels have also been the subject of attention in Europe. On Wednesday, the European Union's executive arm filed a formal complaint against the Italian government for allowing Fiat Chrysler to sell cars created to evade emissions tests.

Business Steven Mnuchin at G7: 'We don't want to be protectionist'
Author: 0 Steven Mnuchin at G7: 'We don't want to be protectionist'

G7 finance ministers and representatives of central banks met in Bari, Italy , on Friday and Saturday. Mnuchin said his meetings with finance leaders had led to better understanding of the US president's position that trade must be fair and balanced as well as open.

Author: 0 NAFTA renegotiation opportunity to improve trade deal for Ontario: Wynne

US President Donald Trump blasted Nafta during his campaign as a job "killer". "I look forward to working with the president and community leaders in Texas to ensure any updates made are in the best interest of my state". Negotiations will enter a very sensitive environment. "NAFTA has been vital to the growth of the US insurance industry, but as with any agreement that's almost a quarter of a century old, NAFTA can be improved".

Business Coca Cola HBC AG (CCH) Plans €0.44 Dividend
Author: 0 Coca Cola HBC AG (CCH) Plans €0.44 Dividend

NE's holdings in The Coca-Cola were worth $920,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 63.88% of the company's stock. A recommendation of 1 or 2 would represent a consensus Buy. The ex-dividend date of this dividend is Thursday, June 29th. The Coca-Cola's dividend payout ratio (DPR) is now 93.33%.

Author: 0 Snapchat CEO burns Facebook on earnings call

That came dangerously close to erasing any gains that the company had made since it went public in early March. The number of users logging into the Snapchat app every day is now 166 million worldwide, a 36 percent increase from the previous quarter.

Business Bibiana Steinhaus becomes the Bundesliga's first female referee
Author: 0 Bibiana Steinhaus becomes the Bundesliga's first female referee

The German Football Association ( DFB ) announced that Steinhaus - the first female professional referee in German football - has overseen games in the 2. "I would hope that the current developments will also have a positive impact on newcomers [female referees], or those who want to become one". Steinhaus said she experienced "a complete roller coaster of emotion" upon hearing the news that she was among the four new lead referees selected to take charge of matches next season.

Business Ross Stores, Inc. (ROST) Is An Earnings Contender
Author: 0 Ross Stores, Inc. (ROST) Is An Earnings Contender

However, a cautious outlook for fiscal 2017 raises concerns. Net earnings grew to $321 million, compared to $291 million in the prior year. "Further, threats of stiff competition and cannibalization remain". (NASDAQ:ROST). Currently, the company has an MF Rank of 1538. Stockholders of record on Tuesday, June 6th will be given a dividend of $0.16 per share.

Author: 0 Has the oil market grown weary of OPEC's promises?

Brent crude, the global benchmark grade traded in London, rose 1.3%, or 69 cents to $53.31. That boosted oil prices immediately after the data, with U.S crude futures bouncing to a high of $49.50 a barrel before retreating modestly. Also, the continuous rise in US production, which has increased by more than 10% since mid-2016 to 9.3 million bpd may also increase the supply of oil , said a market analyst.

Author: 0 Ford to cut 10pc of global workforce, report says

Ford (F) plans to reduce the size of its global workforce by about 10 percent in a bid to cut expenses and mitigate the impact that falling auto sales are having on the company's profitability, according to the Wall Street Journal . The company is also spending heavily on technology with an uncertain future, like self-driving vehicles. In January, Ford also added 700 MI jobs, following criticism from Trump over plans to increase production in Mexico.

Author: 0 Juniper Networks, Inc. (JNPR) Rating Reiterated by Royal Bank of Canada

JNPR has been the subject of a number of other research reports. Juniper Networks Inc . has $36 highest and $22 lowest target. Moreover, Sirios Capital Management L P has 2% invested in the company for 1.44 million shares. At the current stock price of $14.48, the dividend yield is 1.38%. Shareholders who purchased MRO prior to the ex-dividend date are eligible for the cash dividend payment.

Author: 0 Oil jumps 2 percent; more investors expect output cut extension

With U.S. shale oil production surging, inventories remain stubbornly high and prices appear stuck in the low-$50s per-barrel range. Oil prices have gained support from the supply cut pact but high inventories and rising US production have acted as a brake on the recovery.

Business United Kingdom unemployment rate sinks to 42-year low of 4
Author: 0 United Kingdom unemployment rate sinks to 42-year low of 4

According to NBS , inflation drop to 17.24 percent (year-on-year) through slower pace in April, 0.02 percent point lower from the rate recorded in March (17.26) percent. Economists polled by Reuters had expected the rate to remain at 4.7%. But the combination of sterling's fall and higher oil prices are pushing up inflation across the board for consumers and businesses.

Business Boy, 8, beaten unconscious days before days before killing himself
Author: 0 Boy, 8, beaten unconscious days before days before killing himself

A Cincinnati police homicide detective investigating Gabriel's death looked at the video almost a week later and wrote a February 3 report to Cincinnati Public Schools officials recounting the assault. "Mom is really heartbroken that she didn't know what she needed to know to protect her son", Branch said. It is now believed that Gabriel hit his head when he fell, although it's unclear whether he struck it on the floor or the wall of the bathroom.

Business Alibaba Earnings Miss But Revenue Soars 60%
Author: 0 Alibaba Earnings Miss But Revenue Soars 60%

China's e-commerce giant said revenue jumped about 60 percent to 38.58 billion yuan ($5.60 billion) in the first quarter, boosted by new business such as cloud computing and entertainment. While revenue in those nascent divisions is surging, they are yet to make money. Its digital media and entertainment business saw an increase in revenue of 234 percent to 3.9 billion yuan, reflecting the dividends from the consolidation of Youku Tudou, which Alibaba acquired for $3.5 billion in October.

Business Trump's Leaked Education Budget Proves Problematic For Essential Programs
Author: 0 Trump's Leaked Education Budget Proves Problematic For Essential Programs

Another $490 million would be cut from the work-study program. This fund assists schools with mental health services, physical education, Advanced Placement courses and Science, Technology, Engineering, and Mathematics (STEM) instruction. When the Congress develops the 2018 budget, it needs to ignore President Donald Trump's proposed cuts to public education and send a strong message that American public education needs to be strengthened, not weakened.

Author: 0 For Salesforce, The Sum Is Worth More Than The Parts

Twin Tree Limited Partnership, a Texas-based fund reported 45,035 shares. Benchmark "Initiates Coverage On" Salesforce.Com Inc (NYSE: CRM ) in a research note issued to investors on 4/27/17 to Outperform with price target of $100. (NYSE: CRM ) news were published by: Investorplace.com which released: "Salesforce.com, Inc". The business's revenue was up 24.6% compared to the same quarter past year.

Business Will Gap Earnings Breathe New Life Into the Company?
Author: 0 Will Gap Earnings Breathe New Life Into the Company?

RSI oscillates between zero and 100. It worsened, as 46 investors sold Gap Inc shares while 142 reduced holdings. ( GPS ) is at 41.81. The mean target projections are based on 24 opinions. Gap Inc (NYSE: GPS)'s average revenue estimates for the current quarter are $3.39B according to 24 number of analysts. In terms of recent volatility, the average for the month is 2.32% and 3.25% for the past week.

Business Deer caught looking for deals at Minnesota Wal-Mart
Author: 0 Deer caught looking for deals at Minnesota Wal-Mart

However, Koljonen and police were quick to point out that neither the deer nor any of its human rescuers were hurt in the commotion. That's when Koljonen grabbed her camera. She said the man gently wrestled the deer to the ground and covered its eyes to keep it calm. "I figured I was bigger than the deer so I'd win that wrestling match".

Business Dunkin' Donuts Launches Nationwide Tasting Event For New Product
Author: 0 Dunkin' Donuts Launches Nationwide Tasting Event For New Product

The fun design makes the day a Frozen Friday by adding an icy motif to your image, and can be unlocked at any of Dunkin' Donuts' U.S. locations on May 19 only. The new Frozen Dunkin' Coffee is made with a special extract featuring 100 percent Arabica coffee blended with ice and dairy for a rich, sweet and creamy beverage.

Business Three people dead, 19 rescued from rubble in Lagos collapsed building
Author: 0 Three people dead, 19 rescued from rubble in Lagos collapsed building

He said 19 people had so far been rescued by LASEMA and other rescue agencies. An undisclosed number of persons are still trapped inside the building. We first reached 14 of the labourers and some were treated by the agency's medical team and LASAMBUS. The building situated on 6 Richard Abimbola Street, reportedly caved in around 2 O'clock and covered the artisans and construction workers.

Business U.S. Corn Market Outlook: Looking Past The May WASDE Report
Author: 0 U.S. Corn Market Outlook: Looking Past The May WASDE Report

Minnesota - 47 percent on May 14, compared with the five-year average of 40 percent and 4 percent on May 7. Soybeans planted was at 23 percent. The weekly report is also available on the Iowa Department of Agriculture and Land Stewardship's website at www.IowaAgriculture.gov or on USDA's site at www.nass.usda.gov/ia.

Business Campbell Soup's profit drops 4.8% on weak demand
Author: 0 Campbell Soup's profit drops 4.8% on weak demand

The business's quarterly revenue was down.9% compared to the same quarter previous year. Delta Asset Mngmt Ltd Liability Company Tn accumulated 150 shares or 0% of the stock. The original version of this story can be read at https://transcriptdaily.com/2017/05/18/boston-family-office-llc-acquires-1025-shares-of-campbell-soup-company-cpb.html.

Author: 0 Euro off as traders cash in French election bets; global stocks flat

Also commenting, Prime Minister Benjamin Netanyahu of Israel said: "Congratulations to Emmanuel Macron on his big win today as the next President of France". The 39-year-old must unite a deeply-divided country, roll back unemployment and try to nudge a fractious European Union along the path of reform - but he first faces a battle to secure a governing majority in legislative elections due next month.

Business Earnings on the Doorstep For Foot Locker, Inc
Author: 0 Earnings on the Doorstep For Foot Locker, Inc

Finally, Lingohr & Partner Asset Management GmbH increased its stake in shares of Foot Locker by 118.0% in the third quarter. State Street Corp increased its position in shares of Foot Locker by 1.7% in the first quarter. Heading into the earnings release, covering analysts have a consensus target price of $82.95 on Foot Locker, Inc . shares. Shares were down 0.6% in 2017 through Thursday, while the S&P 500 has gained 5%.

Author: 0 BofA opens debate on lowering mortgage down payments

President Donald Trump's 2016 campaign team and Russian Federation. "The 30-year mortgage rate fell 3 basis points this week to 4.02%", said Freddie Mac chief economist Sean Becketti. Bond prices rose as investors shunned riskier assets. Another factor helping keep long-term yields, and mortgage rates by extension, in check is that the Federal Reserve seems poised to raise short-term interest rates as soon as June.

Business Wisconsin Tornado Victims Feel Lucky to be Alive
Author: 0 Wisconsin Tornado Victims Feel Lucky to be Alive

Osgood said it's not a complete loss, but there is a long road ahead. Some homes and outbuildings were damaged severely and power lines and utility poles were downed. "But in these situations when you have a tornado like this you get a lot of rainstorms coming in the back side of it and that make the recovery effort so much hard".

Author: 0 OPEC's 'whatever-it-takes' pledge may exact a high price

Brent for July settlement added 5 cents to $50.89/bbl on the London-based ICE Futures Europe exchange. If the cuts are extended under the current arrangement, as suggested by Saudi Arabia's al-Falih at a press briefing in Beijing, Libya and Nigeria could effectively sabotage the efforts of the remaining 11 OPEC peers, in addition to endangering cohesion and compliance within the OPEC and non-OPEC blocs.

Author: 0 Worldwide effort set to keep Trump happy on 1st trip abroad

CORNISH: That's NPR White House correspondent Tamara Keith. "It's nearly always true that when a president goes on a big foreign trip, especially one that has some important summits ... TRT World's Alican Ayanlar has more from Washington DC. Trump's delivery of a speech on Islam before dozens of Muslim leaders gathered in the Saudi capital could prove a far more delicate exercise, however, given the tensions sparked by his travel ban targeting several Muslim-majority nations - now ...

Business How can 'sinful' triple talaq be a matter of faith, asks SC
Author: 0 How can 'sinful' triple talaq be a matter of faith, asks SC

Justice Nariman said, " Talaq may be essential, but it is a big step to claim that this [instant triple talaq] is essential to religion". Mr. Giri also argued that unless there are statutory inroads into personal laws, the courts can not test or strike them down.

Author: 0 Macron and Merkel Discuss Deeper EU Integration Post Brexit

The French president pointed out that "without Europe, there will be no peace, prosperity and freedom". Germany is looking to Mr Macron to revitalise France as an economic power and political heavyweight in the European Union, which is facing complex divorce proceedings with its current number two economy, Britain.

Business Rajinikanth hints he may enter politics soon
Author: 0 Rajinikanth hints he may enter politics soon

Speaking to his fans on Friday morning, Rajini addressed criticism about his true regional identity. But I will always perform the duty that he bestows on me. This strategy would be appropriate for a man with a "soft power" image as he enters politics. They should know that they are actually helping us and not putting us down.

Business Intel sharing at heart of US, Europe talks on laptop ban
Author: 0 Intel sharing at heart of US, Europe talks on laptop ban

USA officials have defended the ban as a measure to thwart terrorist attacks, saying that intelligence shows that ISIS is developing smaller bombs that could be concealed in electronic devices. But European aviation safety officials are alarmed at the prospect of large numbers of electronic devices powered by lithium batteries being carried in the holds of passenger aircraft.