Tuesday, 20 February 2018
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Asian markets fall sharply after a steep decline within the…

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In fact, a Dow Jones spokesperson told ABC News that the performance marks the 100th worst single-day drop at 4.6 percent. Dow Jones reported its biggest daily decline since December 2008 at the time of the financial crisis. Among the companies with headquarters or significant operations in Houston, Exxon Mobil lost 5 percent, Chevron 6 percent and Sysco 5 percent. Other key indexes in the Pacific Rim also saw drops when they closed Tuesday, including a 5.1% skid for the Hang Seng in ... Read More »

$1.62 Earnings Per Share Expected for Walt Disney Co (DIS) This Quarter

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The stock decreased 3.68% or $4 during the last trading session, reaching $104.7. About 1.47M shares traded. KBR, Inc. (NYSE:KBR) has risen 5.89% since February 6, 2017 and is uptrending. As per Friday, September 22, the company rating was maintained by RBC Capital Markets. The firm earned "Buy" rating on Thursday, November 19 by Topeka Capital Markets. Read More »

Global stocks plunge after Wall Street bloodbath

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Sydney-listed Woodside Petroleum was off almost four three per cent and BHP shed 2.7 per cent. Tech giants were also targeted after disappointing earnings reports from Apple and Google parent Alphabet. The U.S. dollar also weakened against the Japanese yen trading at 108.68 yen, down from 109.12 on Monday. The largest per centage losses in the Shanghai index were Datang Telecom Technology Co Ltd down 10.03 per cent, followed by LONGi Green Energy Technology Co Ltd losing 10.01 per cent and ... Read More »

FTSE 100 tumbles after record fall on Wall Street

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The CBOE Volatility index, which is commonly referred to as the "fear index" because it measures expected near-term stock market volatility, surged by around 20 points its highest level in well over two years. The blue chip Dow Jones Industrials index, which on Monday slumped briefly by more than 10 percent from its January 26 record high, remains down about 8 percent from that point. Read More »

Study says McDonald's fries could hold cure to baldness

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Preliminary tests seemed to show the hair follicle cells could be transplanted successfully to humans as well. "The key for the mass production of HFGs was a choice of substrate materials for culture vessel", said author Junji Fukuda, from Yokohama National University . Read More »

Azerbaijan presents January oil output data to OPEC

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China became the world's No. 1 importer of petroleum and other products five years ago. EIA reported that Russian Federation, however, is the largest oil supplier to the Chinese market. China imported 8.4 million barrels a day (b/d) of crude oil, compared to the 7.9 million b/d imported by the United States. Over those five years, Russian Federation and Brazil significantly boosted their market shares on the Chinese market, with Russia's rising to 14 percent from 9 percent, and Brazil's ... Read More »

Girl Scout burned for selling cookies near San Diego pot shop

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Girl Scouts San Diego said that while booth sales do not start for another week, scouts are allowed to sell from wagons as long as they have a parent or guardian present. Yet, this is not always the case; in 2014, the Colorado chapter announced that it did not permit its members to sell cookies outside of dispensaries. Read More »

India's Budget focuses on farm sector, gives little to middle class

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The farm crisis and creation of jobs are important concerns, and the government is planning to address both, Jaitley said. As for the middle class, Jaitley suggested that there is enough for it in this budget too. The Budget-2018 has not only kept in mind the after-effects of the Demonetisation exercise of November-2016 but has also kept the idea to push make in India when the for import duties on electronic peripherals which will be witnessing a surge in demand, have been raised including ... Read More »

Apple, Cisco and Allianz partner on cybersecurity insurance

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The cyber insurance coverage is underwritten by Allianz Global Corporate & Specialty (AGCS). Cyber Resilience Evaluation: Aon will provide cyber security professionals to evaluate an organization's current cyber security standards and make recommendations for improvement in their defenses. Read More »

Hanesbrands Inc. (HBI) Stock Rendering by EPS Growth Factor For Next Year

Since August 7, 2017, it had 0 insider buys, and 1 sale for $2.37 million activity. The stock has "Outperform" rating by Macquarie Research on Tuesday, April 26. The firm earned "Hold" rating on Thursday, September 28 by Stifel Nicolaus. TD Securities has "Hold" rating and $21 target. The stock of Teva Pharmaceutical Industries Limited (NYSE:TEVA) has "Hold" rating given on Tuesday, September 12 by Jefferies. Read More »

Oil giant BP sees annual profits soar to £4.4bn

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Moreover, they are investing in being sustainable in a lower-carbon world and adapting to the future to embrace the energy transition. "2018 should be a year where operating cash flow can cover cash capex, full cash dividend and Macondo payments without disposal proceeds". Read More »

World tablet shipments fall yet again

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Despite lackluster efforts from Huawei it still achieved a quarterly growth of 11.9% and yearly improvement of 28%. Lauren Guenveur , senior research analyst for IDC's Devices and Displays team, said that after a concerning downturn in the last quarter of 2016 and the first half of 2017, they are elated to see the detachable market maintain another quarter of growth. Read More »

Canada December trade deficit jumps as imports hit record high

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For goods only, the deficit also reached past year a record level with China to 375.2 billion, which could comfort the USA president in his idea to continue its commercial reprisals against Beijing. "I am still optimistic that trade in 2018 will be positive, given the strength of global growth", said Ross Prusakowski, a senior economist at Export Development Canada. Read More »

Watch the Highest-Rated Commercial of Super Bowl 2018

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Amazon has found a clever way of not accidentally awakening the Alexa-powered speakers. A spokeswoman for Amazon doesn't say how this will be possible, only mentioning that the company does alter its Alexa advertisements "to minimize Echo devices falsely responding in customer's homes". Read More »

Shares in Digital Realty Trust, Inc. (DLR) Acquired by Advisor Partners LLC

It has outperformed by 84.98% the S&P500. Woodstock accumulated 108,658 shares or 2.31% of the stock. The total dollar value of all 243.13 million outstanding shares is 2.03 billion. Winslow Evans Crocker reported 96 shares. 78,912 are owned by Zurcher Kantonalbank (Zurich Cantonalbank). Daiwa Securities Group Inc. grew its holdings in shares of Digital Realty Trust by 41.5% in the third quarter. Read More »

Birmingham is the third most congested city in the UK

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Birmingham is among the top three congested cities in the United Kingdom with motorists spending more than 9% of their commute in traffic. Graham Cookson, chief economist for Inrix , said: "Combined with the rising price of motoring, the cost of congestion is astonishing - it takes billions out of the economy and impacts businesses and individuals alike". Read More »

Best Buy to stop selling CDs

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Best Buy plans to stop selling CDs this summer according to Billboard . People are still listening to music, but with digital subscriptions like Spotify , Pandora and Apple Music on top of digital sales, the internet is the way of the future. Read More »

Will a market fall turn into a rout?

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At prevailing bond yield of 7.56 per cent, one would then require 13.56 per cent (adding 6 per cent risk premium) on equity to make a switch from bonds . The recent U.S. labor market data showed that wages grew at the fastest pace since more than eight years, fueling fears that inflation and interest rates will rise faster than expected. Read More »

Bank of England set to hold rates on Super Thursday

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Headline inflation edged up 0.6 percent over the quarter and 1.9 percent over the year, slightly below market expectations. The rate has remained at this record low since August 2016. "But they would also agree that there is no urgency to act". One hundred per cent of the experts polled in the monthly finder.com.au Reserve Bank Survey correctly predicted the hold. Read More »

Backgrounder: New US Fed Chairman Jerome Powell

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Powell, a Republican who succeeded Janet L. Yellen, also said he was committed to "explaining what we're doing and why we are doing it" as the central bank works to sustain the ongoing economic recovery and oversee some of the nation's largest financial institutions. Read More »

Bon-Ton: Another retailer 'runs up a down escalator'

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The announcement is unsurprising as many brick-and-mortar operators have been struggling in the USA due to the meteoric rise of the e-commerce industry over the last decade or so. Separately, ValuEngine raised Bon-Ton Stores from a "strong sell" rating to a "sell" rating in a research report on Friday, December 1st. "The harsh reality is that while Bon-Ton's management put in great effort to make the business sustainable, they were always running up a down escalator", Saunders said. Read More »

Sensex falls another 310 pts on domestic, global woes

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Sensex now trading about 480 points, or 1.4 percent, lower at 34,264 points after paring some losses in line with a broad recovery in global markets. "Hence, we continue to remain cautious and expect the Nifty to slide towards 10,597- 10,500 in days to come", said Sameet Chavan, chief technical and derivative analyst at Angel Broking. Read More »