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FOMC Preview: One Hike Today, One More Later In 2017

Fed officials now expect the US unemployment rate to end the year at 4.3 percent, down from the 4.5 percent they predicted in March. The Federal Reserve raised interest rates for the third time since December, something investors had widely expected based on the Fed's recent statements. Read More »

CIBC completes US$5 billion PrivateBancorp acquisition

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Over the past week, Aflac Incorporated (NYSE:AFL) has performed -2.21%. The company reported $2.64 earnings per share for the quarter, beating the consensus estimate of $2.57 by $0.07. The rating scale runs from 1 to 5 with 5 indicating a Strong Sell, 1 indicating a Strong Buy and 3 indicating a Hold. Return on equity reveals how much profit a company earned in comparison to the total amount of shareholder equity found on the balance sheet. Read More »

May 'concerned' towers fail safety tests

It is "concerning" that all the tower blocks tested for combustible building materials after a devastating fire in west London have failed, a spokesman for British Prime Minister Theresa May says. The number rose from 34 tower blocks across 17 local authorities. For Camden council officials, it will be a tricky few days ahead, trying to gently coax unwilling residents like Raj Want to leave their homes and desperately hoping they do not have to resort to tougher measures. Read More »

Takata, brought down by airbag crisis, files for bankruptcy

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Japanese air bag maker Takata Corp. The Tokyo-based safety automotive parts maker is now facing a magnanimous amount of lawsuits and recalls; some of their airbags were linked to over 16 deaths all around the globe. Filing for Chapter 11 bankruptcy protection will protect Takata from creditors and clears the way for it to receive financial support from Key Safety Systems, a Chinese-owned company based in MI. Read More »

PM 'confirms guarantee' for savers as troubled Italian banks face insolvency

Premier Paolo Gentiloni was referring to Veneto Banca and Banca Popolare di Vicenza , which have struggled with unpaid loans. Intesa has paid a symbolic one euro ($1.12) for taking on the good assets of the two banks. The move comes less than a month after Spain's Banco Popular was rescued by Santander . Gentiloni said the government's rescue move at an ad hoc Cabinet meeting Sunday afternoon was mainly aimed at saving "account-holders, savers, of these two banks, in favor of those ... Read More »

BUSINESS REPORT: Uber's Travis Kalanick forced out by investors

Holder said that Uber should "review and reallocate the responsibilities of Travis Kalanick " and search for a chief operating officer who would work closely with the new CEO to improve Uber's corporate culture. Kalanick's decision "was a surprise to everyone", a second Uber spokesman said. Uber has already fired 20 people as part of an ongoing sexual harassment probe. Read More »

Stock Showing Surging Activity: Wells Fargo & Company

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Farmers & Merchants Trust Co of Chambersburg PA bought a new position in Wells Fargo & Company during the fourth quarter worth about $221,000. The share price of Wells Fargo & Company (NYSE: WFC ) was down -0.08% during the last trading session, with a day high of 52.83. Read More »

The Berson & Corrado Investment Advisors LLC Raises Position in Pfizer, Inc. (PFE)

About 6,679 shares traded. (NYSE:PFE) has declined 2.76% since June 26, 2016 and is downtrending. It has outperformed by 195.58% the S&P500. Campbell Newman Asset Management Inc decreased its stake in Pfizer Inc. Country Trust Bank increased Pfizer Inc. 20,000 Pfizer Inc. (NYSE:PFE) shares with value of $693,200 were sold by LANKLER DOUGLAS M . (NYSE:BLK) by 14,908 shares to 41,424 shares, valued at $15.76M in 2016Q4, according to the filing. Read More »

Takata files for bankruptcy as automakers struggle to complete airbag recalls

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TK Holdings, its US operations, filed Chapter 11 bankruptcy in DE on Sunday with liabilities of $10 billion to $50 billion, while the Japanese parent filed for protection with the Tokyo District Court early on Monday. Jason Luo, president and CEO of KSS, said in a statement the "underlying strength" of Takata's business had not diminished despite the airbag recall. Read More »

Remy Ma beats Nicki Minaj at BET Awards; 90s R&B shines

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Obama continued: "We have known Chance and his family since he was a wee little baby rapper". The show's performances and special moments made up for having to stay up late on a Sunday. "My first BET Award ", he screamed. Bruno Mars has won the BET Award for best male R&B pop artist - his first award from a network that he credits with catapulting him to stardom. Read More »

Mongolians vote for president amid graft, financial concerns

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The election was headed for a runoff. Since the president of Mongolia can be elected for two terms (hence, one re-election is only allowed), the current President Tsakhiagiin Elbegdorj cannot run anymore for a re-election since he already has been president for two terms. Read More »

The Union Pacific Corporation (UNP) Shares Sold by Burt Wealth Advisors

Reilly Financial Advisors Llc decreased Union Pac Corp ( UNP ) stake by 23.82% reported in 2016Q4 SEC filing. On average, equities research analysts anticipate that Union Pacific Co. Union Pacific has a consensus rating of "Buy" and an average target price of $109.89. Barclays Capital maintained Union Pacific Corporation (NYSE:UNP) rating on Monday, April 11. Read More »

Facts about Ontario's plan to target online ticket scalping

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A news release explains that the proposed changes include banning ticket bots and the sale of tickets that were purchased using bots, limiting the resale price of tickets to 50 per cent above face value, requiring ticket outlets to disclose additional information and establishing new measures to enforce the rules. Read More »

Modi, in Washington, hails 'growing convergence' of US-India interests

Today, AP employs the latest technology to collect and distribute content - we have daily uploads covering the latest and breaking news in the world of politics, sport and entertainment. "We are bound by global law because that is our character and nature. This is our character", he added. "We also share an interest in ensuring that sea lanes - critical lifelines of trade and energy - remain secure and open to all", Modi said in an apparent reference to China's flexing of its muscles in ... Read More »

Papa John's International, Inc. (PZZA) Cut to Sell at Zacks Investment Research

The Price Index 12m for Papa John's International, Inc . 08/10/2015 - Papa John's International Inc . was downgraded to " by analysts at Tigress Financial. The stock was purchased at an average cost of $4.06 per share, with a total value of $942,784.78. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink . Read More »

Central Petroleum Ltd (CTP.AX) Shares Needle Moving 3.45%

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It has outperformed by 104.70% the S&P500. A reading over 70 would indicate that the stock is overbought, and possibly overvalued. Finally, Macquarie restated an outperform rating and set a GBX 250 ($3.19) target price on shares of Tesco PLC in a research note on Friday, May 19th. Read More »

Puerto Rico Backs Statehood in Referendum Boycotted by Opposition Groups

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Just 1.5 percent of the votes cast were for independence for the Caribbean island, and just 1.3 percent of those who cast valid ballots opted for maintaining Puerto Rico's current status as a USA commonwealth. Puerto Rico's status quo is somewhat between full independence and statehood. Students at the University of Puerto Rico, for example, have led a two-month-long strike against a proposed US$450 million education budget cut. Read More »

Wyndham Worldwide Corp (NYSE:WYN) Institutional Investor Sentiment

OLD Mutual Customised Solutions Proprietary Ltd. continued to hold its position in Wyndham Worldwide Corp (NYSE:WYN) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. It has outperformed by 1.05% the S&P500.The move comes after 7 months negative chart setup for the $8.38B company. Moreover, Nicholas Co Inc Wi has 1.48% invested in Laboratory Corp. Read More »

UK Parliament Suffered Confirmed Cyberattack On Friday Night

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A number of MPs confirmed to the BBC they were unable to access their parliamentary email accounts outside of the Westminster estate following the hacking. International Trade Secretary Liam Fox said: We know there are regular attacks by hackers attempting to get passwords. 'We have systems in place to protect member and staff accounts and are taking the necessary steps to protect our systems'. Read More »

Italy bank deal lifts Europe shares, dollar on back foot

The banks, both located in the Veneto region in Italy, were being monitored by the ECB since 2014, after one of its evaluations had shown capital shortfalls. She also said that BPVI and Veneto Banca's rescue will remove €18 billion in non-performing loans from the Italian banking sector and "contribute to its consolidation". Read More »

Takata files for bankruptcy after massive air bag recall

News reports have said Takata's liabilities would exceed one trillion yen ($9 billion). This means more inflators will likely explode and more people will be hurt in the future, lawyers say. Like other Japanese automakers, Honda said it anticipated difficulties in recovering the bulk of its claims. "Honestly, I still think things are going to be tough for Takata", said Takeshi Miyao, an analyst at Tokyo-based market researcher Carnorama. Read More »

$0.00 EPS Expected for TechPrecision Corp (TPCS)

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Gateway Advisory Llc bought 15,821 shares as the company's stock declined 3.45% while stock markets rallied. It is down 7.20% since June 26, 2016 and is uptrending. Chevron Corporation's dividend payout ratio is now 282.35%. It also reduced its holding in Spdr Ser Tr by 32,726 shares in the quarter, leaving it with 404,522 shares, and cut its stake in Schwab Strategic Tr (SCHB). Read More »