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Amazon buying Whole Foods in $13.7 billion deal; grocery stocks tumble

The grocer will continue to operate stores under the Whole Foods Market brand, and Mackey will remain CEO, the companies said. A former grocery expert at Amazon predicted that the chain, nicknamed "Whole Paycheck", would add a selection of discounted food and build out non-grocery areas within stores, particularly for pharmacy and Amazon devices. Read More »

The Acorda Therapeutics Inc (ACOR) Given Average Rating of "Buy" by Analysts

Midstates Petroleum Company, Inc. The stock rose 0.99% or $0.28 reaching $28.58. Developed by hedge fund manager Joel Greenblatt, the intention of the formula is to spot high quality companies that are trading at an attractive price. The ROIC 5 year average is 0.127907 and the ROIC Quality ratio is 4.133244. During the same period in the prior year, the company posted $0.28 earnings per share. Read More »

Finally, Britain kicks off Brexit negotiations with EU

She has really hacked off the parliamentary party for obvious reasons. "With Brexit negotiations set to begin, the election has made it crystal clear that the Tory position of a hard Brexit does not carry the support of the public, and any attempt to plough on regardless will have damaging consequences for Scotland and the UK". Read More »

Israel cabinet set to approve ban on sale of binary options

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The draft law also prohibits any type of trading forum that sells to overseas clients - even if they do not offer binary options - without receiving a licence from the country where clients reside. "Beyond the awful economic harm to citizens around the world, sellers of binary options are causing increasing, accelerating ruinous damage to Israel and are inflaming anti-Semitism and anti-Israel feeling", commented Israel Securities Authority Chairman Shmuel Hauser after the bill was advanced. Read More »

Caesars Entertainment Corporation (CZR) Shares Bought by Cornerstone Capital Management Holdings LLC

State Street Corp now owns 1,186,329 shares of the company's stock valued at $10,083,000 after buying an additional 80,663 shares during the last quarter. The company reported ($3.71) EPS for the quarter, missing analysts' consensus estimates of $0.54 by $4.25. The company's expected revenue in the current quarter to be 2.14 Billion, seeing a projected current quarter growth of 146.9%, and per annum growth estimates over the next 5 year period of around 176.9%. Read More »

Stockpiles Fall Less Than Expected, Oil Prices Drop

Oil stocks are near record highs in some parts of the world, and producers that are not part of the OPEC deal are increasing output. However, continuing production growth in many non-OPEC countries is expected to moderate the pace of global liquid fuels inventory draws in 2017. Read More »

Oil output to expand faster than demand in 2018: IEA

The Paris-based IEA said production outside the Organizationof the Petroleum Exporting Countries would grow twice as quicklyin 2018 as it will do this year, when OPEC and 11 partnernations have restrained output. But adherence to the cuts is under scrutiny. OPEC said Tuesday, that output from the group rose by 336,000 barrels per day in May to 32.14m barrels per day. Read More »

Political negotiations continue in bid for deals

People who think women should be denied abortions are in a small and ever-decreasing minority. The power sharing agreement involving the DUP and Sinn Fein at the Stormont assembly in Northern Ireland collapsed in March over the DUP's refusal to hold a public inquiry into a renewable heating funding scandal. Read More »

1 arrested after vehicle strikes pedestrians in London

But Finsbury Park Mosque , an unassuming five-story redbrick building opposite the station, which opened in 1994, has been the area's most famous venue in recent years. The crash occurred near the Finsbury Park mosque . "This is a awful incident", May said in an emailed statement. Harun Khan , the head of the MCB, described the incident as the "most violent manifestation to date" of Islamophobia, and called on authorities to do more "to tackle the growth in hate crime ". Read More »

Several killed in London vehicle collision

The attacks were a factor in campaigning ahead of the June 8 election, with Prime Minister May criticized for overseeing a drop of 20,000 in the number of police officers in England and Wales as interior minister from 2010 to 2016. "I saw a man, he was underneath the van", Warfa said, who described how his friends tried to lift the van to free him. "Police have confirmed this is being treated as a potential terrorist attack", May said. Read More »

ACLU: Michelle Carter Conviction Violates First Amendment

Although suicide is generally legally considered to be the result of the victim's own free will, the judge found that Carter was guilty for knowing that Roy was in a toxic situation and not making a move to save him. The idea that she actually caused her boyfriend's death is the key element of involuntary manslaughter , the crime Carter stands convicted of. Read More »

Germany: no punishment for UK, but EU exit good for no one

Both sides are keen to ensure that people and goods keep moving smoothly across the border and that nothing undermines the peace agreement that ended decades of bloody conflict in Northern Ireland . After the general election fiasco, May hopes to secure the backing of the ultra-conservative Democratic Unionist Party, which would add the DUP's 10 seats to the Conservatives' 317 in the 650-member House of Commons . Read More »

Golf's top three players miss cut at US Open

KEY STATISTIC: The cut, at 1 over, tied a U.S. Open record set in 1990 at Medinah. Lowry's front nine nearly saw the Esker Hills golfer play his way out of the tournament as he posted four bogeys with just the one shot gained. Most freakish about Thursday was that as many amateurs broke par as top 10 players in the world - two apiece. It doesn't need to be too much of a change for this golf course to play pretty hard. Read More »

Several injuries reported in London's Finsbury Park after van hits pedestrians

A Reuters witness saw at least one person being loaded into an ambulance. Harun Khan , the head of the MCB, said the van had "intentionally" run over people leaving night prayers for the holy month of Ramadan. 10 people were injured in the attack and one man has died at the scene. In November 2015, the Metropolitan Police said they were treating as a hate crime an attempted arson attack on the mosque. Read More »

Stock On the Run: Teekay Offshore Partners LP (TOO)

On February 25 Citigroup held the stock rating at "Buy" and moved down the price target to $31.00 from $33.00. Teekay Offshore Partners L.P. has an average rating of Hold and a consensus target price of $4.13. Advisory Research Inc. now owns 18,539,198 shares of the shipping company's stock valued at $93,809,000 after buying an additional 727,931 shares in the last quarter. Read More »

UK: London apartment tower may have used banned siding in renovation

The five million pounds are to be used to cover emergency supplies, funeral costs and loss of possessions, Efe news reported . Rescue efforts are expected to take a long time , as Grenfell was severely damaged and emergency services have to reinforce it before they can enter the higher floors. Read More »

Jefferies Downgrades Rating On Tanger Factory Outlet Centers, (SKT)

Elkfork Partners LLC raised its stake in shares of Tanger Factory Outlet Centers by 3.9% in the first quarter. Therefore 38% are positive. Tanger Factory Outlet Centers, Inc. Citigroup Inc. raised Tanger Factory Outlet Centers from a "sell" rating to a "neutral" rating in a report on Monday, June 12th. Insiders have sold 51,339 shares of company stock worth $1,499,994 over the last quarter. Read More »

'Greece has turned page,' Tsipras tweets after Luxembourg deal

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The eurozone will now draw up an "exit strategy" over the next year "to enable Greece to stand on its own feet again", Dijsselbloem said. In addition, he said Greece's growth levels could be taken into account in its repayments. The country remains dependent on bailout loans from other eurozone governments. Schaeuble: "I remain confident that we will find an agreement on the payment of the latest tranche of Greece's bailout". Read More »

Berger retains title at St. Jude Classic

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Money leader Bernhard Langer finished at 12 under, while Scott Verplank, Tom Lehman and Steve Flesch were another shot back. "I hit it phenomenally", he said, adding that by spooky coincidence his hotel room number had been the same as last week. Read More »

German minister sees hope of 'soft' Brexit, with conditions

But Britain says it has been "crystal clear" that both withdrawal and future relations should be agreed at the same time. But the unexpected weak performance has plunged Britain into a political crisis and left May battling to unite both wings of the Conservative Party - those who want a so-called "hard Brexit" and those who did not want to leave the European Union in the first place. Read More »

Jeff Bezos is $5 billion away from being the world's richest person

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Amazon CEO Jeff Bezos is giving Bill Gates a run for his money. After purchasing Whole Foods and increasing his wealth by $1.8 billion, Bezos brought his overall net worth to $84.6 billion, according to CNN . Gates created the Giving Pledge with investing guru Warren Buffett - the fourth wealthiest person with $76.8 billion - in 2010. More than 150 people have signed on, but not Bezos. Read More »

Ex-minister warns May against Brexit betrayal

The Conservatives now have only 317 MPs in the 650-seat House of Commons and need the support of the DUP's 10 MPs to command a razor-thin majority. However, the speech was cancelled following the Grenfell Tower tragedy in West London . A study from the National Institute of Economic and Social Research, published today, has found that one in four firms say they would be damaged by a potential requirement for European Union nationals to have a job offer before they come to the UK. Read More »

2 dead in suspected jihadist attack on Mali spa

One of the extremists was wounded but managed to escape, according to the statement . A Malian military spokesman had said several people were believed to be inside the Campement Kangaba. "It's where soldiers go to have fun". The U.S. State Department on Twitter warned people to avoid the area. "Campement Kangaba is blocked off and an operation is under way", Cisse said. Read More »