Economy

Intermediate Capital Group plc (ICP) Receives GBX 731.17 Consensus PT from Analysts

About shares traded. Welbilt Inc (NYSE:WBT) has risen 25.33% since October 4, 2016 and is uptrending. 217.82 million shares or 4.58% more from 208.27 million shares in 2016Q3 were reported. The rating...

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Michael Flynn shadow still looms over Donald Trump

Yates' comments came after former Obama officials revealed that the outgoing president himself firmly warned Trump against naming Flynn as national security adviser, just two days after the Novembe...

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Australian Banks Criticize New Levy

Experts say small business customers can expect to be hit if the banks pass on the costs of the bank deposits levy announced on Tuesday as the big four goes head-to-head with the government. Banks' ...

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Senate GOP examining ways to repeal ObamaCare insurance rules

Senate GOP examining ways to repeal ObamaCare insurance rules

The analysis also forecast that the House bill would have lowered the federal deficit during the decade by $337 billion, mainly by spending less on Medicaid and subsidies for most people buying health...

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Oil prices rise in Asia in expectation of Aramco supply cut

The energy component struggled near $54, and started to move lower after data released on April 20 showed a smaller than expected drawdown in oil inventories and the first jump in gasoline supplies in...

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Nigeria's Oil Production Increases By 274000bpd In April

Nigeria's Oil Production Increases By 274000bpd In April

The 13-country OPEC is curbing its output by about 1.2 million bpd from January 1 for six months, the first reduction in eight years. "There could be more cuts if there are other non-OPEC countries ...

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Ryan says overhaul of tax system long overdue

Ryan says overhaul of tax system long overdue

But hours into the school day, still Ryan had not come. Police had cordoned an area on West 118th Street near Lenox Avenue for the protesters to gather. He's not visiting the other side of the build...

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Snap shares whacked after earnings miss forecast

Snap reported Q1 revenue of $150 million, a 286% increase from this time a year ago but below the expected $158 million. Facebook has also added Geostickers to Instagram, offering location-specific...

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Antofagasta plc (ANTO) Announces Dividend Increase - €0.15 Per Share

Moreover, Calamos Wealth Management Llc has 0.34% invested in the company for 199,829 shares. It closed at $45.4 lastly. UNITE Group plc (LON:UTG) has risen 8.49% since October 10, 2016 and is uptre...

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Real Madrid 90 Minutes from Another Champions League Title

Real Madrid 90 Minutes from Another Champions League Title

Real progressed with a 4-2 aggregate win that sets up a mouth-watering final against Juventus , but the result also has a bearing on the fate of the Europa League victor. Marcelo praised his team-mat...

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OPEC sees much higher oil supply from rivals in 2017

OPEC sees much higher oil supply from rivals in 2017

US bank Goldman Sachs said that USA shale drillers "fundamentally changed" the oil industry due to their ability to ramp up output much faster than conventional producers. Russian Federation partici...

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Eskom Group reinstates former CEO Brian Molefe

Eskom Group reinstates former CEO Brian Molefe

Molefe resigned from Eskom in November a year ago "in the interest of good corporate governance", following the release of former Public Protector Thuli Madonsela's State of Capture report, which ex...

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Snap Disappoints With $2.2 Billion Loss in 1st Quarter

Slower-than-expected revenue growth and a meaningful deceleration in the company's daily active user growth have some investors anxious. Here's a look at Snapchat's most disappointing metrics fr...

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US Congress tells airlines to do better or face consequences

United reached a settlement for an undisclosed sum with Dao last week and changed its policies by reducing overbooked flights and offering passengers who give up their seats up to $10,000. Otherwise...

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Will Snapchat's New Features Make It More Useful for Marketers?

Snapchat parent company Snap built a reputation for secrecy, but now, as a public company, it has to lay its cards on the table and open up the books to investors. "Our favorable outlook on Snap s...

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Snapchat announced its First Earnings Report, falling short of Expectations

While Snap only added 8 million daily users in the first quarter, Instagram Stories added 100 million. "When Google came along, everyone really felt like they needed a search strategy", said Evan Sp...

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Macy's quarterly profit tumbles 39 per cent

Macy's shares plunged almost 12 percent in premarket trading after the largest US department store operator reported a quarterly profit that fell well below analysts' estimates . That should also lea...

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Macy's quarterly profit misses estimates on weak sales

Consumer goods, health care and utilities stocks eked out small gains. Macy's shares fell as much as 17 percent to $24.50 in NY on Thursday, the biggest intraday decline since the financial crisis i...

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China, US reach agreement on beef, poultry and natural gas

China, US reach agreement on beef, poultry and natural gas

U.S. Commerce Secretary Wilbur Ross sits for an interview in his office in Washington, U.S. May 9, 2017. It is unclear how much, if at all, the changes would reduce the US trade deficit with China, wh...

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Leaked Labour manifesto pledges rail nationalisation and £250bn for infrastructure

May's decision to call an early election for next month caught not only most of her own party by surprise, but has forced Labour and other parties to scramble to devise policies and campaigns nearly o...

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France's BPCE chief executive says Macron's win good news for economy

France's BPCE chief executive says Macron's win good news for economy

Mr Valls, who announced in March he would vote for Mr Macron in the presidential election, is on the right of the Socialist party and has similar pro-business views to Mr Macron, who will assume offic...

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Fed holds rate steady, notes slower economic growth

Federal Reserve Board Chairwoman Janet Yellen and her colleagues opted to keep interest rates unchanged. The U.S. Federal Reserve signaled it's still on track for two more rate rise this year emphas...

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After the new president, new faces for France's parliament

The latter, in turn, noted that he was interested in strengthening the bilateral relations. The French centrist's defeat of nationalist Marine Le Pen spelled relief for investors who had feared an...

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SBI to allow ATM withdrawals via e-wallet

SBI to allow ATM withdrawals via e-wallet

By evening, the bank posted a fresh circular on its website, specifically mentioning that the Rs 25-per-transaction service charge was applicable only to State Bank Buddy customers. Apart from the add...

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BT boss drops bonus as annual profits fall 19% to £2.4bn

BT boss drops bonus as annual profits fall 19% to £2.4bn

Gavin Patterson, chief executive of BT, said that the company had made progress in a number of areas but that the issues at Global Services and fines by Ofcom for failings at Openreach, its networki...

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Nordstrom Posts Q1 Earnings Beat, Same-Store Sales Slip 0.8%

Nordstrom Posts Q1 Earnings Beat, Same-Store Sales Slip 0.8%

Moreno Evelyn V raised its position in Nordstrom by 6.9% in the first quarter. Synovus Financial Corp now owns 3,070 shares of the specialty retailer's stock worth $158,000 after buying an additio...

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Oil Producers Have Consensus to Extend Cuts, 2 OPEC Members Say

Oil Producers Have Consensus to Extend Cuts, 2 OPEC Members Say

Many intelligent people who make their living analyzing oil markets have pointed to OPEC and its ability to enact large scale production cuts as central controlling oil prices. OPEC is meeting on May ...

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Healthcare Realty Trust Incorporated indicated as Buy By Stifel Nicolaus

Healthcare Realty Trust Incorporated indicated as Buy By Stifel Nicolaus

Servicesource Intl Inc now has $292.99M valuation. The stock rose 1.22% or $1.2 reaching $99.74. About 230,472 shares traded. It is down 40.65% since October 4, 2016 and is uptrending. Virtu Financial...

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Revenue Forecast of Valeant Pharmaceuticals International, Inc. (VRX)

Rating Scale; where 1.0 rating means Strong Buy, 2.0 rating signify Buy, 3.0 recommendation reveals Hold, 4.0 rating score shows Sell and 5.0 displays Strong Sell signal. Insiders bought a total of 3,...

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PFAW Statement on Trump's "Election Integrity Commission"

Kansas Secretary of State Kris Kobach (R) will reportedly chair the commission and Vice President Mike Pence will be the vice chair. The ACLU, meanwhile, filed a Freedom of Information Act request...

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