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Oil steady as USA refining demand rises but ample crude supplies weigh

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Oil prices ended higher on Wednesday to notch their fourth-winning session in a row as demand picked up after USA refineries started to resume operations. Irma, however, was not expected to affect supply as it was headed away from U.S. oil production in the Gulf. "Most refineries are restarting and we expect a near-full recovery by month-end", USA investment bank Jefferies stated. Read More »

Kroger Q2 profit falls on price cuts as same-store sales rise

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Next Financial Group, Inc now owns 30,193 shares valued at $704,000,000. Advantage Investment Management LLC now owns 3,682 shares of the company's stock worth $109,000 after purchasing an additional 502 shares during the period. In terms of earnings per share, 24 analysts have a 0.40 EPS mean target for the quarter ending Oct-17, for the quarter ending Jan-17, 23 analysts have a 0.52 EPS mean target and for the quarter ending Jan-17 there are 26 estimates of 2.11 EPS. Read More »

PR firm Bell Pottinger 'nearing collapse'

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The PRCA launched an investigation into Bell Pottinger following a complaint from South Africa's main opposition party, the Democratic Alliance (DA). Reputational damage is not just limited to Bell Pottinger, in a House of Lord's debate several members suggested the scandal reflected badly on United Kingdom businesses and organisations operating in South Africa. Read More »

Wall St opens lower on North Korea tensions

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The expanded index S&P 500 has dropped 0.8 %, which is 18,70 points, 2457,85 points. The benchmark S&P/ASX 200 Index dropped 16.50 points or 0.3 percent to finish at 5,689.70, while the broader All Ordinaries Index ended down 14.90 points or 0.3 percent at 5,752.90. Read More »

Trinity Mirror ponders bid for Northern & Shell publishing assets

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Desmond, who made his name publishing specialist magazines, including adult titles such as the British edition of Penthouse, bought the Express titles in 2000 for 125 million pounds. In a statement the Trinity Mirror said: "There is no certainty that any transaction will be agreed or completed". If Express Newspapers owner Richard Desmond sells up, this would mean his exit from the media world, after selling Channel 5 in 2014. Read More »

Ontario first to release plan to sell and distribute marijuana

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At the same time, the government is putting "illegal" pot dispensaries, which have popped up throughout the city offering a variety of marijuana products, "on notice" that there will be a crackdown, Naqvi said. People would not be allowed to consume any form of recreational cannabis in public places, workplaces or when inside a motor vehicle. " We've recommended in a recent submission that all revenue should fund mental health and addictions services in Ontario because there is a correlation ... Read More »

August Canadian Employment Rose 22200, Full-Time Jobs Fell Sharply

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In Alberta, the unemployment rate was 8.1 per cent in August, up from 7.8 per cent in July. On a year-over-year basis, Canadian employment increased 374,300, or 2.1%, with almost 60% of the new jobs created over the past 12 months of the full-time variety, which tend to offer higher pay and steady benefits. Read More »

Branson's Necker Island destroyed by Hurricane Irma

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With Hurricane Irma causing "severe damage" to both the U.S. and UK Virgin Islands, according to UK Foreign Office Minister Alan Duncan, the damage estimates are just beginning to pile up as the island chain's government will be adding even more debt onto the $6.5 billion it already owes to pensioners and creditors. Read More »

Eli Lilly and Company (LLY) vs. Impax Laboratories, Inc. (IPXL)

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The Hartford Investment Management Co holds 283,716 shares with $20.87 million value, up from 268,578 last quarter. Willis Counsel holds 1.71% in Eli Lilly and Co (NYSE: LLY ) or 311,800 shares. Cowen & Co maintained Eli Lilly and Co (NYSE: LLY ) rating on Monday, August 24. The cuts will save about US$500 million (S$675.6 million) annually starting in 2018, and the company will take charges of US$1.2 billion, or 80 cents a share, in the second half of this year. Read More »

European Central Bank keeps policy, guidance unchanged

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It now says it expects the eurozone economy to grow 2.2% in 2017, up from a previous forecast of 1.9%. "It appears that the ECB's lone viable option is to accept the legal limits and gradually scale back the purchases next year", Commerzbank economist Joerg Kraemer said. Read More »

Hundreds scuffle with police over US THAAD launcher deployment in South Korea

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He said earlier this year that the battery will protect 10 million South Koreans in the area outside of Seoul in addition to USA bases and vital seaports. Neighboring countries, including China and Russian Federation, have strongly opposed the THAAD deployment in South Korea as it breaks regional strategic balance and damages security interests of the two countries. Read More »

Putin Says Sanctions, Pressure Alone Won't Resolve NKorean Crisis

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Mr Putin called for dialogue on the crisis and warned against other actions that could cause the situation to escalate. Indeed, given the regime now had nuclear weapons, a confrontation could lead to a "global catastrophe and a huge number of casualties", Putin said, according to Interfax. Read More »

Long-term U.S. mortgage rates fall to lowest level this year

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The refinance index was up 5 percent, and the adjusted purchase index increased by 1 percent over the week. A year ago at this time, the 30-year FRM averaged 3.44 percent. 10 year ARM interest rates have been quoted at 3.71% today yielding an April of 3.905%. The 7/1 ARM deals can be had for 3.54% carrying an April of 3.867%. Read More »

Outstanding Analyst Ratings For Carclo (LON:CAR)

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Deutsche Bank has "Hold" rating and GBX 519 target. The firm has "Buy" rating by Northland Capital given on Thursday, August 3. Peel Hunt maintained Novae Group Plc (LON:NVA) on Monday, December 5 with "Add" rating. It has underperformed by 16.70% the S&P500. Carclo had its "Buy" rating reiterated by analysts at FinnCap. Therefore 63% are positive. PNC Financial Services had 60 analyst reports since August 6, 2015 according to SRatingsIntel. Read More »

Trump on Hurricane Irma: 'Believe Me, Not Good'

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Instead, though, this deal all but ensures the December legislative calendar will be dominated by a painful showdown over the debt ceiling and government funding. But Bryan Rep. Bill Flores, a conservative member of the Republican Study Committee, said on Wednesday - before Trump's deal was announced - that while he doesn't think it's a "good idea" to attach the Harvey aid to a debt ceiling measure, "I would likely vote for it because it would have the Harvey relief in it". Read More »

Not Surprisingly, The Latest Spring Lamb Ad Is Raising A Few Eyebrows

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The US-based president of the Universal Society of Hinduism , Rajan Zed , said linking the highly revered Lord Ganesha with meat was disrespectful and called on Meat and Livestock Australia to withdraw the ad and apologise. Meat & Livestock Australia has stirred controversy with its depiction of Hindu deity Lord Ganesha , a vegetarian, in its latest ad for lamb. The ad has led to a huge backlash and the " You Never Lamb Alone " campaign has been termed as senseless. Read More »

HPE reports steady revenue growth with its fiscal 3rd quarter results

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Hewlett Packard Enterprise Co (HPE) has risen 56.74% since September 6, 2016 and is uptrending. 08/22/2017 - Loop Capital began new coverage on Hewlett Packard Enterprise Co giving the company a "hold" rating. In June, Hewlett Packard Enterprise stirred speculation about succession planning after it promoted Antonio Neri - a longtime executive - to the role of president. Read More »

Amazon to build second headquarters outside of Seattle — GeekWire

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There are 24 restaurants and cafes within Amazon's Seattle campus alone, where more than 40,000 people are employed. In a statement released Thursday morning, the ecommerce giant, which ranks number two on the Dealerscope Top 101 CE retailers , said HQ2 will create tens of thousands of jobs in construction and related industry and generate tens of billions of dollars in additional investment in the city it ends up being located in. Read More »

Stanley cuts inflation forecast, lowers Fed rate hike expectations

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This year, as a first-time voter on the US central bank's rate-setting Federal Open Market Committee, he dissented against otherwise-unanimous decisions in March and June to raise rates. If inflation continues to fall short of the central bank's 2 percent target, "it would be prudent to raise the federal funds rate more gradually". If inflation does rebound soon, she said, the Fed could achieve its three-hikes-per-year forecast. Read More »

Community Healthcare Trust Inc (CHCT) Hit 52-Week High

The company has market cap of $478.67 million. The stock decreased 0.10% or $0.05 during the last trading session, reaching $52. The 14 day Williams %R for Physicians Realty Trust (DOC) is noted at -2.02. Hightower Advisors Limited Liability Co holds 103,688 shares or 0.01% of its portfolio. (NYSE:DLR). Pensionfund Dsm Netherlands owns 0.45% invested in Digital Realty Trust, Inc. Read More »

Lloyd Blankfein on Gary Cohn: 'No one's perfect'

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Blankfein's lukewarm comments came weeks after Trump himself floated Cohn, who is now director of the National Economic Council, for the role atop the United States central bank in an interview with The Wall Street Journal . Mr. Cohn is one of the key White House hands tasked with shepherding an overhaul of the federal tax code through Congress. In that interview, Cohn said the administration "can and must do better in consistently and unequivocally condemning these groups". Read More »