Finance

Senate confirms Powell as Fed chair

Senate confirms Powell as Fed chair He comes to the position amid a critical time for the Fed, which is normalizing policy after years of extraordinary accommodation triggered by the financial crisis. He will be the first Fed chairman in three decades who doesn't have a Ph.D.in economics. As a Fed governor, Powell has never dissented from a central bank decision. [Full Article...]

J&J results top estimates, takes US$13.6 billion tax charge

J&J results top estimates, takes US$13.6 billion tax charge What Historical Figures Say About Johnson & Johnson ( NYSE: JNJ)? It has underperformed by 5.42% the S&P500. Investec Asset Management North America Inc. The Earnings to Price yield of Johnson & Johnson NYSE: JNJ is 0.040098. Forest Hill holds 3,050 shares or 0.11% of its portfolio. Lockheed Martin Investment Mgmt Co stated it has 14,200 shares. [Full Article...]

USA investigators to probe crash between Tesla vehicle, fire truck

USA investigators to probe crash between Tesla vehicle, fire truck In a post on Twitter , the federal safety agency said the "field investigation " would examine both driver and vehicle factors in Monday's accident. Tesla's "autopilot" is not fully autonomous driving, though it can look like it for short stretches and under specific conditions. Joshua Brown, a 40-year-old OH man, was killed near Williston, Florida, when his Model S collided with a truck w... [Full Article...]

Extending Alliance, Oil's Big Two Seek Smooth Exit From Cuts

Extending Alliance, Oil's Big Two Seek Smooth Exit From Cuts Russian Federation is prepared to prolong its alliance with the Organization of Petroleum Exporting Countries even after their accord expires at the end of 2018, Energy Minister Alexander Novak said in a Bloomberg television interview. [Full Article...]

Cardinal Health, Inc. (CAH) — Recommendation Trends

The company's stock had a trading volume of 2,849,309 shares, compared to its average volume of 3,150,000. TRADEMARK VIOLATION WARNING: " Cardinal Health Inc (NYSE: CAH ) Holdings Raised by Dimensional Fund Advisors LP" was first published by The Lincolnian Online and is the property of of The Lincolnian Online. [Full Article...]

Trump and senators get the ball rolling on new immigration talks

Trump and senators get the ball rolling on new immigration talks Democrats have insisted they would back legislation reopening the government, once there is a bipartisan agreement to preserve protections against deporting about 700,000 immigrants who arrived in the USA illegally as children. The Senate adjourned without voting Sunday, guaranteeing the shutdown would continue into a third day. Republicans declared they would not reopen talks until the go... [Full Article...]

Turkish jets destroy 45 terror targets in Syria's Afrin

Turkish jets destroy 45 terror targets in Syria's Afrin USA backing of Kurdish forces - the Syrian Democratic Forces - has given rise to concerns by the Syrian government, its sponsor Russian Federation, and by Turkey that the enclave could become a semi-autonomous region. The two countries last week resumed bilateral government consultations, which had been suspended after Ankara's arrest of German-Turkish journalist Deniz Yucel in February 2017, ... [Full Article...]

Wynn Resorts Stock Shoots Higher on Q4 Earnings Beat

Wynn Resorts Stock Shoots Higher on Q4 Earnings Beat The stock decreased 0.45% or $0.05 during the last trading session, reaching $11.11. About 152,912 shares traded. International Business Machines Corporation (IBM) has risen 4.86% since January 22, 2017 and is uptrending. 29 funds opened positions while 36 raised stakes. Bancshares Of New York Mellon owns 52,517 shares. State Teachers Retirement Sys holds 124,796 shares or 0.05% of its portfolio. [Full Article...]

WEF ranks Azerbaijan at 3rd place on Inclusive Development Index

WEF ranks Azerbaijan at 3rd place on Inclusive Development Index In the current report, Azerbaijan received 4.69 points out of seven possible. The high ranking was driving by a solid performance in growth and development, as well as intergenerational equity and sustainability, according to the report. China is in the 26th position. Although China ranks first among emerging economies in GDP per capita growth (6.8%) and labour productivity growth (6.7%) since 2... [Full Article...]

Delta changing requirements for service, support animals on flights

Delta changing requirements for service, support animals on flights Friess Associates Llc who had been investing in Silicon Motion Technology Corp for a number of months, seems to be less bullish one the $1.72 billion market cap company. Therefore 36% are positive. Imperial Capital reaffirmed an in-line rating and issued a $52.00 price target on shares of Delta Air Lines in a report on Friday, May 19th. [Full Article...]

Extra cargo checks for US-Mideast flights

Extra cargo checks for US-Mideast flights Airports in Egypt, Jordan, Qatar, Saudi Arabia and the United Arab Emirates will all have to comply with what's known as Air Cargo Advanced Screening - ACAS - a more thorough examine of cargo boarding the plane. Growing concerns about bombs being sent in cargo aircraft were cited by the TSA as the reason of the new rules. High-grade military explosives were sent by air cargo from Turkey as part ... [Full Article...]

Traders Focused Stocks: United States Steel Corp. (X), Halliburton Company

Traders Focused Stocks: United States Steel Corp. (X), Halliburton Company When we look at the Volatility of the company, Week Volatility is at 2.86% whereas Month Volatility is at 2.86%. Halliburton's stock shot up more than 6 percent Monday while Schlumberger jumped almost 5 percent. Its down 0.09, from 0.94 in 2017Q2. Shine Invest Advisory holds 912 shares. Wealthfront holds 0.02% or 36,776 shares. 55,991 are owned by Delta Management Ltd Limited Liability Com... [Full Article...]

Japanese capital holds first North Korean missile attack drill

Japanese capital holds first North Korean missile attack drill Participants gather as an official speaks following a missile-attack drill in Tokyo, Japan, on Monday, Jan. 22, 2018. A loudspeaker in the park rang out a terrifying warning, urging people to seek shelter indoors or underground as the drill began. [Full Article...]

Trump Slaps 30% Tariffs On Imported Solar Panel Technology

Trump Slaps 30% Tariffs On Imported Solar Panel Technology The Trump administration is levying tariffs on imported solar cells and washing machines. The 30 percent tariff would add between 10 and 15 cents per watt to the final installed price of solar. "Government tariffs will increase the cost of solar and depress demand, which will reduce the orders we're getting and cost manufacturing workers their jobs". [Full Article...]

Celgene to acquire Juno for $9B

Celgene to acquire Juno for $9B Juno Therapeutics , Inc. (NASDAQ: JUNO ) Director Richard Klausner sold 24,000 shares of the firm's stock in a transaction that occurred on Friday, July 7th. Celgene already owns a little under 10% of Juno and has collaborated with the CAR-T specialist since 2015, when they signed a 10-year collaboration to develop treatments for cancer and immune diseases, but will now take complete control of... [Full Article...]

Ocado announces partnership with Canada's second largest food retailer

Ocado announces partnership with Canada's second largest food retailer Ocado stated that the companies will consider building more facilities in other Canadian cities in future. Sobeys is Canada's second largest food retailer, operating more than 1,500 stores across the country, and generating sales of CAD23.8 billion in its most recently ended financial year 2017. [Full Article...]

MEPs call on US Congress to restore net neutrality

MEPs call on US Congress to restore net neutrality The Democratic governor's order comes after the Federal Communications Commission last month repealed rules enacted in 2015 to more tightly regulate companies like AT&T, Comcast and Verizon. Attorneys from more than 20 states and the District of Columbia have sued to block the repeal. "The FCC's recent decision goes against everything we have fought for: the open internet, fair competition... [Full Article...]

Apple May Upgrade Some iPhone 6 Plus Owners To iPhone 6s Plus

Apple May Upgrade Some iPhone 6 Plus Owners To iPhone 6s Plus The reason for this upgrade? Apple's iPhone X is a failure, no one likes it, and it's about to get cancelled. Typically, Apple keeps previous iPhone models around at discounted prices. Going off a reliable source, AppleInsider says disappointing sales of the iPhone X are the leading cause of its inevitable cancellation. Sinolink said it expects the model's price would dampen consumer e... [Full Article...]

Lady Overboard On Carnival Cruise

Lady Overboard On Carnival Cruise On Monday, the Carnival Elation returned to port after the four-day cruise to the Bahamas. "We weren't [allowed] off the pontoon to Freeport until the point when they researched it". The ship was on its second day of a five-day cruise. The U.S. Coast Guard, Jacksonville Sheriff's Department, FBI, and Bahamian law enforcement are now assisting in the investigation. [Full Article...]

International Monetary Fund raises Saudi Arabian growth prospects over high oil prices

International Monetary Fund raises Saudi Arabian growth prospects over high oil prices Now those figures have been revised up to 2.7 percent in 2018 and 2.5 percent in 2019. The WEO upgraded the US GDP forecast by a surprising four-tenths of a point this year to 2.7 percent, compared to the expected 2.3 percent in 2017. It maintained its projection for Britain's growth at 1.5 percent this year. Ironically, the stronger growth could provide the seeds of a possible reversal if it ... [Full Article...]


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