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Asian Stocks Slump as North Korea-US Tensions Thicken

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The president said "things will happen to them they never thought possible" should Pyongyang attack the USA or its allies. The S&P 500 is down about 2 points at 2,464. ANZ fell 1.9 percent, Commonwealth shed 0.7 percent and Westpac declined 1.3 percent after RBA Governor Philip Lowe said the central bank is prepared to be patient on rates for quite some time. Read More »

Intel CEO quits Trump's advisory council, leaving Dell as only tech company

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President Donald Trump dissolved the Manufacturing Jobs Initiative council after eight executives resigned in the wake of Mr. Trump's comments about the race-tinged violence in Charlottesville, Va. A woman was killed and 19 people injured when a vehicle rammed down a narrow street. Trump followed with a clearer statement on Monday that specifically condemned the hate groups involved. Read More »

Instagram with this new update looks more like Facebook

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For starters, the link previews will be larger and icons including "Like", "Comment" and "Share" will be bigger and easier to tap on. All-in-all, the change should ease the experience of checking out the comments on pictures. The update will be rolled out in the following weeks for both the iOS and Android devices globally. Instagram has introduced support for threaded comments on its social media platform. Read More »

Positive Future ahead on Cisco Systems, Inc. (CSCO)

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Juniper Networks Inc. saw a 31 percent rise in revenue and Arista Networks Inc. a 51 percent jump in their most recent quarters. Several other large investors have also modified their holdings of CSCO . For Q1, it's guiding for revenue to drop 1-3% Y/Y and for an EPS of $0.59-$0.61 (in line with consensus for $0.60). The ex-dividend date was Wednesday, July 5th. Read More »

'Angry Birds' Maker Rovio Plans IPO

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Rovio, however, has yet to make its final decision and could opt to remain in private ownership. According to Rovio, the developer saw a 94 percent year-over-year jump in revenue for the second quarter of 2017. Since its release in May 2016, The Angry Birds Movie has grossed almost US$350 million at the global box office. The biggest money-maker for Rovio is now Angry Birds 2, a followup to the original title which became the best-earning app in Apple's U.S. Read More »

Charlottesville fallout: Six business leaders quit Trump panel

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Walt Disney chairman and chief executive Bob Iger resigned for the same reason from the President's Strategic and Policy Forum. The White House did not immediately answer a request to elaborate. The manufacturing jobs council had 28 members initially, but it has shrunk since it was formed earlier this year as executives retire, are replaced, or, as with Mr Frazier and Mr Musk, resign. Read More »

CEOs of Under Armour, Intel & Merck quit Trump's manufacturing council

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Trump swiftly hit back at Frazier on Twitter, saying the CEO would now "have more time to LOWER RIPOFF DRUG PRICES!". The President added that he believed economic growth in the USA would heal its racial divide. Earlier on Monday, Kenneth Frasier, CEO of the pharmaceutical giant Merck, resigned. Merck has 25,000 USA employees in all 50 states and has invested $50 billion in research and development since 2010, primarily in the United States. Read More »

CEOs Cut Ties With Trump

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The president followed up later in the day, tweeting that Merck "is a leader in higher & higher drug prices while at the same time taking jobs out of the U.S. "Rather than putting pressure on the businesspeople of the Manufacturing Council & Strategy & Policy Forum, I am ending both". Merck CEO Kenneth, one of only four African-Americans leading a Fortune 500 company, was the first to tender his resignation Monday. Read More »

Missing engagement ring found on garden carrot 13 years later

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Mary Grams , 84, of Canada was heartbroken when she lost her diamond #Engagement Ring back in 2004, but it has finally turned up - with a #carrot growing around it - and even better, it still fits. "She couldn't believe it", Daley said . The carrot looks a bit like a finger wearing a ring , she said. "I thought for sure either they rototilled it or something happened to it". Read More »

Bristol Advisors LLC Continues to Hold Position in Astrazeneca PLC (AZN)

The company has market cap of $72.77 billion. Want to see what other hedge funds are holding AZN? However it has a net margin of 17.80%. The company had a trading volume of 886,935 shares. now owns 31,696 shares of the company's stock valued at $987,000 after buying an additional 9,190 shares in the last quarter. Acadian Asset Management LLC increased its stake in shares of Astrazeneca PLC by 1,686.6% in the first quarter. Read More »

Urban Outfitters Inc (URBN) Has Stock More Room to Run

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Urban Outfitters (NASDAQ:URBN) last issued its quarterly earnings data on Tuesday, August 15th. Fred Alger Management Inc acquired 16,590 shares as Sarepta Therapeutics Inc (SRPT)'s stock rose 22.49%. During the same period in the prior year, the firm posted $0.66 EPS. Many analysts are providing their Estimated Earnings analysis for AMC Entertainment Holdings, Inc. Read More »

Gordon Haskett Boosts Rating On Target Corporation (TGT)

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Pinnacle Bank purchased a new position in shares of Target Corporation during the first quarter valued at approximately $123,000. Honeywell International Inc. Equities analysts expect that Target Corporation will post $4.39 EPS for the current year. During the second quarter, the company returned $627 million to shareholders, which consisted of $331 million in dividends and the remainder being share repurchases. Read More »

Big Tech Asks Supreme Court to Protect Cell Phone Location Data

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Over a dozen companies are urging the US Supreme Court to rule that Fourth Amendment protections apply to the cellphone location data. "Fourth Amendment doctrine must adapt to this new reality". In the brief , supported by the American Civil Liberties Union (ACLU), the companies argue that requiring a warrant will allow them to reach their own decision as to whether there is a valid legal case for releasing the information. Read More »

Amazon damaging 'tax paying retailers'

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This continues a trend of the President attacking the Seattle-based online retailer, usually connecting it to the Post . They are as bad as ratings challenged @CNN . Trump wrote in a post on Twitter on June 28, one of several posts critical of Amazon since late 2015. Without these arrangements, Trump argued, Amazon's stock would "crumble like a paper bag". Read More »

Seeking a liveable city? Try Melbourne, skip Lagos and Damascus

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The EIU measures factors that make cities great places to live - including stability, healthcare, culture and environment, education and infrastructure. Melbourne scored a ideal 100 in healthcare, education and infrastructure and 95.1 for culture and environment and 95 for stability. Coming in at second, third and fourth were Vienna, Vancouver and Toronto respectively. Read More »

CEOs quiting advisory councils out of 'embarrassment'

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At least seven companies or executives said that they would remain with the council, which was formed in January to advise Trump on manufacturing growth - a focus of the president's campaign. It wasn't until Monday afternoon that he bluntly called "KKK, neo-Nazis, White Supremacists, and other hate groups. repugnant to everything we hold dear as Americans". Read More »

CEOs quiting advisory councils out of 'embarrassment'

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At least seven companies or executives said that they would remain with the council, which was formed in January to advise Trump on manufacturing growth - a focus of the president's campaign. It wasn't until Monday afternoon that he bluntly called "KKK, neo-Nazis, White Supremacists, and other hate groups. repugnant to everything we hold dear as Americans". Read More »

Inflation plateaus due to downward oil price pressure

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Vegetable prices rose 3.57% in July from a contraction of 16.53% in June, that pushed the consumer price index ( CPI ) to 2.36%. In terms of food prices, the wholesale inflation rate for onion was lower year-on-year by (-) 9.50 per cent, while that for potatoes plunged by (-) 42.45 per cent. Read More »

Poe meets LTBRB & Uber reps over suspension order

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The Philippines has banned Uber for a month on the orders of a regulatory body in the country. In a statement, Uber said they are "disappointed with the decision" but "they will comply". She added the suspension left the commuters with no alternatives. Hontiveros, however, also challenged Uber to follow LTFRB regulations for their clients' welfare. Read More »

Employment up as pay growth eases pressure on households

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Between April and June, 3000 more Scots became unemployed taking the total number to 107,000. While inflation has eased slightly since May when it hit an nearly four-year high of 2.9 per cent, prices are still rising faster than wages. Inflation is now running at 2.6%, meaning that wage growth, in real terms, fell by 0.5%, as the amount people earn can not keep up with the rise in the price of their household expenditures. Read More »

Bilic laments "disaster result" against "quality" Manchester United

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If I celebrate or not, it's irrelevant for me because scoring is the most important". "There wasn't an terrible lot of movement this summer, goalkeeper-wise, so I'm very grateful". But luckily that's who I am, it's what I love doing. "I'm here to win games, to try to improve and to try to help". It's a tricky first assignment, but the goalkeeper is hopeful that West Ham will be able to take their enforced mini-exile in their stride in the weeks ahead. Read More »

Why Gendry's Return to Game of Thrones Is Such a Big Deal

The leaked episode was a low-quality stream with "For Internal Viewing Only" and "Star India Pvt". FOUR CHAPS HAVE BEEN ARRESTED on suspicion of being the people involved in the theft and release of an as-then unreleased episode of death and dragons show Game of Thrones . Read More »

Oil prices settle flat after testing three-week lows

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The growing crisis and concerns on the ongoing supply gluts of oil have massively hit the prices this week; the growing supply from OPEC members and in the United States propelled the prices on an all-new 3-week low. That would mark a seventh weekly decline in a row for the government data. According to a Reuters poll, US crude stockpiles dropped last week for the seventh week in a row, and gasoline and distillate inventories were also likely down. Read More »

Rail fares to rise by up to 3.6 per cent next year

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The exact figure will be published later this morning. "The mess we're in today with huge differences between peak and off-peak fares on inter-city routes is precisely because of regulation. " Regulated rail fares are capped in line with inflation for next year". While performance remains patchy and with pay and wages not keeping pace with inflation, they will feel rightly aggrieved if they are paying much higher rises next January'. Read More »