Archive | Markets

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Trump victory cost Paddy Power Betfair £5m

In the final three months of past year the bookmaker's revenues were up 10% to £ 388 million , but flat when adjusted for currency effects. "W...

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Federal judge rejects Aetna's plan to buy rival Humana Inc

Aetna spokesman TJ Crawford said the insurer was reviewing the decision "and giving serious consideration to an appeal after putting forward a ...

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Woman pulled from burning vehicle calls officer her angel

Local news channel KHQ interviewed Novak, who said it was a nightmare come to life being stuck in the vehicle. He and a neighbor pulled the wo...

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China side holding back cross-strait ties, sources say

We are not used to this". The central bank could slightly tighten credit conditions this year to encourage debt-laden companies to deleverage,...

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Falih: Output cuts to lower oil inventories

Under a landmark deal in November past year, the Opec oil cartel agreed to reduce production in order to boost prices. Producers have already ...

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Home Loans: Commerce, HSBC Mortgage Rates Jan 18, 2017

The five-year Treasury-indexed hybrid adjustable-rate mortgage decreased to 3.21%, down from 3.23% last week but up from last year's 2.91%. Th...

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BTG plc (BTG) Earns Neutral Rating from JPMorgan Chase & Co

On Thursday Deutsche reiterated its target for shares of Shire Plc as "Buy" recommending a target price of 6300 for investors; potentially meani...

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European Central Bank unlikely to rock the boat as equities press pause before Trump

Net sales were up 2.8% on a pro forma basis, at constant exchange rates and adjusted for week 53 in 2015.At the same time, euro longs were unwin...

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Avaya enters Chapter 11 bankruptcy protection, but not in Canada

Competition from Cisco Systems, Microsoft Also a Key Factor Avaya , which competes against formidable foes Cisco Systems and Microsoft in such...

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Uber to pay $20 million for misleading drivers

According to a statement posted on Uber's website aimed at recruiting drivers in 2015, CEO Travis Kalanick claimed the mid-range annual incom...

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China's economy grew more than expected a year ago

But, the decision to double down on spending has stoked concerns about an explosive rise in debt. Economists assume that the government's stru...

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Kynikos Associates LP Has $2897000 Stake in Occidental Petroleum Corp. (OXY)

First New York Securities LLC NY purchased a new position in Occidental Petroleum Corporation during the second quarter worth about $110,000. ...

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Yellen: Lift rates gradually, don't run 'hot' economy

Central bankers raised the rate to a range of 0.5%-0.75% last month, the first hike in a year. Interest rates reversed course, however, later ...

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Britain heads for 'hard' Brexit

In a recent speech, May clearly and without conditions or qualifications stated her government's desire to trigger Britain's exit from the Eur...

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Most Desiring Stocks- Reynolds American Inc. (NYSE:RAI), Coach, Inc. (NYSE:COH)

The stock has been rated an average of 1.4 by 5 Brokerage Firm. The stock is getting much attention these days as insiders are offloading shar...

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Mondelez Selling Vegemite, Other Brands to Bega Cheese

Vegemite is a dark food spread made from leftover brewer's yeast and was developed in 1922 by the Fred Walker Company, which later became Kraft ...

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American Introduces New Basic 'No-Frills' Economy Fare

American is the last of the big three domestic airlines to offer a lower-cost fare option. American is also blunt about the impact to fare p...

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Pearson shares fall 27% on profits and dividend warning

Along with recalibrating earnings guidance, it unveiled plans to cut the dividend and potentially offload its stake in Penguin Random House . R...

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Kendall Jenner and A$AP Rocky spotted jewellery shopping

The traumatic incident caused Kim to go into hiding for months, with the star only just resuming her work commitments. We're getting an all-fema...

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TheIFP Advisors Inc Reached $105000 position of United Continental Holdings Inc. (UAL)

Operating Revenue reached $ 9052.00 million, increased from $ 9036.00 million a year ago. The company reported $1.78 earnings per share for the ...

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USA under Trump Series Trump talks the dollar down

On Tuesday, Fed Governor Lael Brainard said expansionary fiscal policy would likely continue to propel the dollar higher, pressuring economic gr...

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World needs India's sustained rise as much as India needs the world

On Indo-US relations, he said, our actions have brought speed, substance and strength to the entire spectrum of economic, commercial, and securi...

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India to build world's biggest cricket stadium

Popularly known as Motera, this stadium was established in 1982 on a 50-acre land donated by the state government. The Gujarat Cricket Associati...

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Morgan Stanley (NYSE:MS) missed earnings on 2 occasions

Unlike some of its Wall Street peers who have announced partnerships with automated investment tools called "robo-advisors", Morgan Stanley ha...

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Trump's Health Secretary pick Tom Price in trouble over insider trading accusations

Tom Price's finances that was junk reporting", said transition spokesman Phil Blando . Three months after Price introduced his bill, dubb...

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