South Africa miners and rand hit by black ownership rule change

South Africa miners and rand hit by black ownership rule change South African minister of mineral resources Mosebenzi Zwani has announced government's new position on mine ownership in the country, saying that 30% of all mines need to be black-owned. The new policy was "likely to see a drop in new investment across the whole industry", said Tyler Broda, analyst at RBC. Yet critics say many deals have mainly benefited the politically connected elite and deter... [Full Article...]

Sears Canada may have to restructure or be sold

Sears Canada may have to restructure or be sold The Company traces its financial problems of recurring operating losses and negative cash flows from operating activities to 2014 when it began experiencing net losses. Revenue fell 15.2 per cent in the quarter, though there was a modest uptick in same-store sales. The retailer said it was exploring strategic alternatives including selling itself, following years of losses and declining sales. [Full Article...]

What Do Analysts Suggest For Twenty-First Century Fox, Inc. (FOXA)

Another trade for 5,315 shares valued at $319,166 was sold by Oscher Ronald J. Investors sentiment decreased to 0.84 in Q4 2016. Its up 0.15, from 0.73 in 2016Q3. Natixis decreased Campbell Soup Co (NYSE:CPB) stake by 5,128 shares to 14,650 valued at $886,000 in 2016Q4. A number of other hedge funds also recently added to or reduced their stakes in FOXA. [Full Article...]

Cypress Semiconductor Corporation (CY) Closed its Previous Trade at $13.28

A number of other large investors have also added to or reduced their stakes in the stock. Looking at this figure it suggests that the shares of ON Semiconductor Corp. After a recent check, Cypress Semiconductor Corporation (NASDAQ:CY)'s 14-day RSI is presently at 51.58. If you are reading this article on another domain, it was illegally copied and republished in violation of United States and wor... [Full Article...]

Trump on Scalise's condition: 'He's in some trouble'

Trump on Scalise's condition: 'He's in some trouble' The mood at the Capitol remained somber Thursday, as members learned more about Scalise's condition and signed giant "get well" posters for him and others injured. Scalise was shot in the hip, and was critically wounded. "The Capitol Police saved many lives this morning from a shooter who had obviously planned to kill many Republican members", Walker said. [Full Article...]

Trump being investigated for possible obstruction of justice

Republicans are "delusional" if they think Mueller is going to be a fair investigator, Gingrich said. "I think he's weighing that option, " Ruddy said in an interview with the PBS NewsHour . "If there were not good cause, it would not matter to me what anybody said", he said. "I have confidence in Bob Mueller". White House officials would not confirm Ruddy's assertions, saying "Chris speaks ... [Full Article...]

United Kingdom central bank divided over whether to raise interest rates

United Kingdom central bank divided over whether to raise interest rates The central bank has so far been willing to tolerate some higher inflation and delay any interest rate increase, especially since Brexit talks could increase uncertainty. Inflation had held close to zero throughout 2015 - but has surged since then on the back of the weak pound following the shock European Union exit vote in June 2016. [Full Article...]

Omega Advisors Inc. Has $590000 Stake in Arbor Realty Trust (ABR)

The SI to Udr Incorporated's float is 2.46%. ContraVir Pharmaceuticals Inc (NASDAQ:CTRV) has declined 14.63% since June 15, 2016 and is downtrending. Arbor Realty Trust, Inc is a real estate investment trust. Cadence Capital Limited Liability Company accumulated 13,966 shares. Pggm Investments invested in 2.77 million shares. Federal Realty Investment Trust (NYSE:FRT)'s stock has performed at ... [Full Article...]

Paper says Mueller probe looking at obstruction

Sources told the Post that Robert Mueller, the special counsel appointed to oversee the Russian Federation probe, has broadened the scope of the investigation to include how Trump handled the firing of FBI Director James Comey . The obstruction-of-justice investigation of the President began days after Comey was sacked on May 9, according to sources with the knowledge of the development. [Full Article...]

Asian shares fall after Fed rate hike, tracking Wall St lead

Asian shares fall after Fed rate hike, tracking Wall St lead The Fed has long had a 2 percent annual target, but inflation has been much lower. Policymakers said the economy was strengthening and that they viewed recent softness in inflation as largely transitory. The rest of them said it would make such a move at its December 12-13 meeting. Interest rates are seen rising one more time by the end of this year, according to the median projection of... [Full Article...]

Court approves Marsh deals to sell 26 grocery stores

Court approves Marsh deals to sell 26 grocery stores The company agreed to pay a total of $7.8 million, but just $1.5 million for the 15 stores, or $100,000 each. Angela Pruitt, an outside spokeswoman for Marsh, declined to comment on the successful bidders and Eric Halvorson, a spokesman for Kroger Co., did not return requests for comment. [Full Article...]

Wind, solar produce 10 percent of United States electricity for first time

Wind, solar produce 10 percent of United States electricity for first time Texas generates more wind energy than any other state, EIA noted, but as a share of the state's total electricity generation, wind and solar output was highest in Iowa (37% of 2016 generation). Much of the green energy development over the next few decades will occur in China and India, according to BNEF. Similarly, costs for onshore and offshore wind are also expected to fall over th... [Full Article...]

Steve Scalise will need more surgery following shooting

Steve Scalise will need more surgery following shooting Not mentioned: In 2002, according to police records, Hodgkinson became the foster father of a girl whom he allegedly abused. ALEXANDRIA, Va . - Wednesday began in familiar tranquility in this Washington , D.C., suburb, ... Vernon Alexandria, Va ., Thursday, June 15, 2017, as Federal Bureau of Investigation agents continue to investigate the scene nearby the day after House Majority Wh... [Full Article...]

Techs, Small Caps Hit As Fed Hikes Rates As Expected

Techs, Small Caps Hit As Fed Hikes Rates As Expected As expected, the Fed lifted interest rates for the second time this year, and in a post-meeting press conference, Fed Chair Janet Yellen said the economy is on the path to achieving the current 2% inflation target. The Dow Jones Industrial Average (DJIA- 21,374.56) briefly lost steam after the Fed announcement, but shot higher in the final minutes of trading, touching an all-time high of 21,39... [Full Article...]

Trader's Roundup: Kimco Realty Corp (KIM)

Trader's Roundup: Kimco Realty Corp (KIM) Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter. Also, insider Richard Agree bought 25,000 shares of the firm's stock in a transaction dated Thursday, May 4th. In related news, Director Philip E. Coviello, Jr. [Full Article...]

Puerto Rican voters back statehood in questioned referendum

Congress should act upon. With a record low turnout of 23 percent, Puerto Ricans have voted to join the U.S. as the Union's 51 State. "Statehood obtained more or less half a million votes, but in the latest referendum this option actually got 800,000". [Full Article...]

Officer who killed motorist to testify Friday

Paul, Minn. Only 12 will deliberate, with three serving as alternates. Yanez watched a video of two black men with guns and was told to be on alert for the suspects. A key issue in the trial is what Yanez saw before he fired seven shots into Castile's vehicle. Witnesses testified that the gun was in Castile's right front pocket when paramedics removed him from the vehicle. [Full Article...]

U.S. retail sales slide 0.3 percent, biggest drop in 16 months

U.S. retail sales slide 0.3 percent, biggest drop in 16 months Control group sales were unchanged on the month, although the April increase was revised higher to 0.6% from 0.2% previously. Retail sales in the U.S. So should we just relax about last month's weak retail figures? Later this afternoon the Fed will likely announce another 25 basis point increase in the fed funds rate, bringing the rate to a range of 1%-1.25%. [Full Article...]

CLS Holdings plc (CLI) Stock Rating Reaffirmed by Liberum Capital

Therefore 67% are positive. CLS Holdings plc has a 52-week low of GBX 112.50 and a 52-week high of GBX 209.00. This indicator compares the closing price of a stock in relation to the highs and lows over a certain time period. X Mngmt Co Limited Liability Co invested 0.03% of its portfolio in Lowe's Companies, Inc. Old Mutual Customised Solutions (Proprietary) Limited owns 4,000 shares or 0.28% of ... [Full Article...]

AG Sessions will testify in open hearing before Senate Intelligence Committee

The former senator from Alabama told lawmakers at his January confirmation hearing that he had not met with Russians during the campaign. Comey testified last week before the same panel answering questions about Russia's involvement in the presidential election and his relationship with President Donald Trump . [Full Article...]

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