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Sempra Energy to Buy Oncor for $9.45 Billion

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Just six weeks ago, Berkshire struck a deal to buy Oncor for $9 billion. There was Berkshire Hathaway's offer last month. Sempra said it would fund the deal using a mixture of debt, equity, and $US3 billion of investment grade debt at the reorganised holding company, and it expects Oncor's "underlying financial strength and credit ratings" to improve after the deal. Read More »

Investors on the sidelines ahead of Jackson Hole summit

This highlights concerns about anti-euro sentiment in Italy, the euro zone's third biggest economy, and political risks facing the country as it heads into elections due next year. In the NY session, Canada retail sales and U.S. Federal Housing finance agency's house price index for June are set for release. At present, financial markets are pricing in a mere 30% chance that the FOMC will raise rates again before the end of the year, a significant departure from the near 60% probability ... Read More »

Bessemer Group Inc. Has $300000 Stake in Energy Transfer Equity, LP (ETE)

Therefore 75% are positive. Relative strength index (RSI-14) for Energy Transfer Partners, L.P. (ETP) is at 32.64. Energy Transfer Partners, L.P. (NYSE:ETP) has been the object of insider buying activity recently. 20, 2017, and are keeping their losses at 38.42% for the past 12 months. National Asset Mngmt reported 19,937 shares stake. Somerset Grp owns 0.81% invested in Energy Transfer Equity LP (NYSE:ETE) for 42,200 shares. Read More »

Baird Cuts Rating On Foot Locker, Inc. (FL) To "Hold"

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Us Fincl Bank De has invested 0.07% in Foot Locker, Inc . The 20-day Stochastic %k measure, which sits at 15.82%, tells a similar story, and suggests that FL now trades in oversold territory. State Of Tennessee Treasury Department increased Foot Locker Inc (FL ) stake by 26.34% reported in 2016Q4 SEC filing. "This is all the more so because while overall consumer demand for sneakers was a little soft during the quarter, it did not fall by anywhere near the level of Foot Locker's decline", ... Read More »

UK July Government Borrowing Surplus Of £0.2bn, Interest Payments Increase

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The UK government reported a public-sector borrowing surplus, excluding public-sector banks, of £0.2bn for July from a deficit of £0.3bn the previous year and this was the first monthly July surplus since 2002. Last year borrowing fell to a 13-year low of 2.3 per cent of GDP. The government brought in £0.2bn more than it spent in July, which cut the total borrowed so far this financial year to £22.8bn. Read More »

How Trump's CEO council chose to dissolve

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Merck CEO Ken Frazier, for example, was excoriated by Trump in a pair of tweets after he resigned Monday from an advisory board . The Strategic and Policy Forum was meant to advise Trump on how government policy impacts economic growth, job creation and productivity. Read More »

Tronc names digital media executive to lead LA Times

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The masthead changes came after weeks of turmoil that started with the announcement that a popular editor was being reassigned by Maharaj, according to two newsroom veterans who asked not to be named because they were not authorized to publicly discuss the matter. Read More »

Crude Oil Hovers Near USD48 Ahead Of Inventories

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Benchmark Brent and WTI futures rallied 3% in Friday's session on a combination of bullish sentiment from a drop in the oil rig numbers operating in the USA and a re-look at the surprisingly large declines in United States crude inventories reported by the American Petroleum Institute and the Energy Information Administration, which had been somewhat dismissed earlier in the week, amid consistent selling pressure. Read More »

Infosys shares extend losses as leadership issues outweigh share buyback

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The company's consultants help organizations with strategies for digital transformation, hands-on engineering and application development, knowledge management, and business process management. Sikka had set an ambitious 2020 revenue target of US$20 billion for Infosys . Infosys , which counts Apple, Volkswagen and Wal-Mart Stores Inc among its customers, has under-performed the Nifty IT index this year amid public attacks from its founders and the U.S. Read More »

Moon Jae-in warns North Korea against provoking during military drills

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Its top propaganda paper, the Rodong Sinmun , on Sunday wrote the exercise is "the most explicit expression of hostility against" North Korea, would be like "pouring gasoline on fire" and worsen the state of the peninsula. Both Trump and North Korea's leader Kim Jong-un are known for bombastic language in their communication. Mattis also made clear the US' willingness to use force if North Korea steps out of line. Read More »

Danish Crown Prince Frederik denied entry into Brisbane bar

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The Crown Prince and his group left the bar but returned 15 minutes later accompanied by seven local police officers from the " dignitary protection unit ". "I said to my brother, 'If we do let him in, we're breaking the law and we're breaking the law in front of 5 or 6 coppers". After a Google search of the Prince, confirmation the officers were actually police and a phone call to liquor licensing, everyone was allowed in. Read More »

Bank of Hawaii Corporation

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Monsanto Co now has $51.33 billion valuation. The stock decreased 1.04% or $0.77 on August 21, reaching $73.15. About 1.11M shares traded. Home Depot Inc (NYSE:HD) has risen 18.65% since August 21, 2016 and is uptrending. Microchip Technology Incorporated (MCHP ) knifed -0.09 percent lower and now trades for $81.58. Manufacturers Life Insurance The has invested 0.01% of its portfolio in Bank of Hawaii Corporation (NYSE:BOH). Read More »

Ford announces scrappage scheme for pre-Euro 5 vehicles

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A national government-backed scrappage scheme for the most polluting road vehicles has always been called for by various politicians and green groups in a bid to help tackle the UK's chronic air pollution problem, and Defra's latest UK Air Quality Plan proposes to consult with the public over the feasibility of such a programme. Read More »

Stock Seesawing Amidst Rampant Activity: Herbalife Ltd. (NYSE:HLF)

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Among 7 analysts covering Herbalife (NYSE: HLF ), 3 have Buy rating, 0 Sell and 4 Hold. Among 5 analysts covering Pretium Resources ( NYSE:PVG ), 5 have Buy rating, 0 Sell and 0 Hold. (HLF) Upgraded to Hold at BidaskClub " was originally published by Markets Daily and is the property of of Markets Daily. If you are viewing this piece on another website, it was stolen and republished in violation of United States and worldwide trademark and copyright law. Read More »

BHP triples dividend as profit surges to $8.5 billion

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A year ago the company recorded a statutory loss of $US6.38 billion (largely because of two significant exceptional items) and slashed its dividend. Its segments include Petroleum, Copper, Iron Ore and Coal. BHP chief executive Andrew Mackenzie described the result as a "very strong financial year". Mackenzie says world economic growth is likely to be close to the top of the anticipated range of 3% to 3.5% in the 2017 calendar year. Read More »

TiTANplatform partners with China Unicom for smart content and device telecommunication sales

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Royal Bank of Canada raised its stake in China Unicom (Hong Kong) by 8.4% in the second quarter. The last close places the company's stock about $1.21 off its 52 week high of $16.4 and $4.35 above the 52 week low of $10.84. Morgan Stanley has downgraded China Mobile (NYSE:CHL) from Overweight to Underweight in a report released on 7/5/2017. It opened the session with a $15.19 price tag, later ranging from $14.98 to $15.29, the range at which the stock has traded at throughout the day. Read More »

Brokerages Set Carpetright plc (CPR) Price Target at $236.50

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Cisco Systems, Inc. (NASDAQ:CSCO) has risen 13.20% since August 21, 2016 and is uptrending. It has underperformed by 15.91% the S&P500. In a research note issued to clients and investors on Monday morning, AstraZeneca PLC (LON:AZN) shares have had their "Buy" Rating maintained by analysts at Liberum Capital. Read More »

Business directors severely lack cyber attack training - UK Gov

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The government is particularly concerned about the possibility of charities being hacked as many are in possession of confidential information about children as well as data about wealthy donors. I urge all senior executives to work with the National Cyber Security Centre and take up the Government's advice and training . British Minister of State Matt Hancock said: "We have world leading businesses and a thriving charity sector but recent cyber attacks have shown the devastating ... Read More »

Solar eclipse to cost American businesses $700mn in lost productivity

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Andrew Challenger, vice president of the Chicago-based company, told NBC News that he estimates 87 million workers across th will take a break to see the solar eclipse. "Since this is happening over the lunch hours, the financial impact is minimal". However, Challenger said that this was still a small sum. "A loss of productivity does not necessarily mean that good things can not come out of this eclipse". Read More »

Trading Notes on Wal-Mart Stores, Inc. (NYSE:WMT): Active Stock Recap

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The hedge fund held 744,782 shares of the consumer services company at the end of 2016Q4, valued at $51.48 million, down from 913,900 at the end of the previous reported quarter. Royal Bank Of Canada set a $76.00 price objective on Wal-Mart Stores and gave the stock a "sell" rating in a report on Friday, August 4th. The insider Gearhart Jeffrey J sold 11,104 shares worth $868,299. Read More »

Hyundai previews next-gen FCEV, electric Kona confirmed

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There have been no big proclamations from any manufacturers recently about hydrogen fuel cell vehicles (FCEV) as the eventual replacements for today's petrol and diesel combustion engine powered models. Those figures translate to 161 horsepower and a driving range of 360 miles on a tank of hydrogen. Power will increase 20 percent over the outgoing model, Hyundai says, and system efficiency will jump 9 percent. Read More »

Moscow names new United States envoy

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TheRussian president, Vladimir Putin , has named the deputy foreign minister, Anatoly Antonov , as the country's new ambassador to the United States , replacing Sergei Kislyak . Also Monday, the U.S. Mission in Russian Federation said it will suspend visa operations in the Eastern European country - the latest move in a diplomatic row between the two nations. Read More »

India's Infosys Slips: More Downgrades After CEO Exit

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Infosys' revenue has increased by almost 25 per cent during Dr Sikka's tenure. He also cited recent business challenges created by geopolitical developments, including US leadership by President Donald Trump and last year's Brexit vote in the United Kingdom. Read More »

Dutch Bros. Coffee chain recalls solar eclipse glasses over safety fears

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Did you get free eclipse glasses from Dutch Bros? However, another Facebook user defended Dutch Bros., writing: "Better then them letting you use them and your daughter goes blind". We are now issuing a full voluntary recall of these glasses. Further investigation has led us to question this certification. Looking at the eclipse with glasses that aren't properly tinted (they reportedly need to be 100,000 times darker than normal sunglasses) can damage the retina, and even blind you. Read More »

Carl Jenkinson and Cohen Bramall head to Birmingham on loan from Arsenal

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Jenkinson's future at Arsenal has been up in the air all summer after he was omitted from the club's squad during preseason plans and he has not featured so far this season. The pair have been deemed surplus to requirements at the Emirates this season. However, Arsenal are well-stocked in the left-back department and they feel Bramall would benefit by going out on loan and getting regular first-team footbal under his belt. Read More »