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  • US job market looks solid 8 years after recession ended

    Total nonfarm payroll employment increased by 138,000 in May, compared with an average monthly gain of 181,000 over the prior 12 months. "I wouldn't worry too much about monthly payrolls", Jim O'Sullivan, chief United States economist at High Frequency Economics in Valhalla, New York , said before the report.

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  • OPEC Agrees to Cut Production, Market Skeptical of Supply Glut Diminishing

    OPEC Agrees to Cut Production, Market Skeptical of Supply Glut Diminishing

    Amrita Sen , co-founder and chief oil analyst at Energy Aspects , told Reuters that "OPEC oversold the meeting to the market way too early" - referring to hints prior to OPEC's May 25 meeting that the cartel might also deepen supply cuts, extend them by as long as 12 months, curtail exports, and tell the market how exactly it would terminate supply curbs in 2018 - all of which raised market expectation much higher.

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  • Department Of Justice And EPA Sue Fiat Chrysler Over Diesel Emissions

    Department Of Justice And EPA Sue Fiat Chrysler Over Diesel Emissions

    The complaint exposes Fiat to up to $4.6 billion in fines and covers 2014-16 model years of Jeep Grand Cherokees and Ram 1500 EcoDiesel pickups. that are much higher than the EPA-compliant level". The Department of Justice sued Volkswagen over the "defeat devices". Fiat Chrysler CEO Sergio Marchionne vehemently denied the accuracy of these accusations, commenting that drawing such a comparison is "absolute nonsense".

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  • Softbank-Saudi tech fund becomes world's biggest with $93 bln of capital

    Softbank-Saudi tech fund becomes world's biggest with $93 bln of capital

    A number of investment firms and tech companies including Mubadala Investment Company of the United Arab Emirates, Apple Inc., Foxconn Technology Group, Qualcomm Inc., and Sharp Corp committed to the joint tech fund. The Vision Fund will allow the billionaire Son to cut even more ambitious deals than he's been able to do with his highly leveraged company. The visit was coordinated to take place before the first presidential overseas trip by Trump, who is now in Saudi Arabia.

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  • Checking the Overall Picture for Spirit Realty Capital, Inc. (SRC)

    Checking the Overall Picture for Spirit Realty Capital, Inc. (SRC)

    The SMA or Simple Moving Averages are commonly available for 20 Day, 50 Day and 200 Day Simple Moving Averages . Capital Fund Management S.A. increased its stake in shares of Spirit Realty Capital by 117.0% in the third quarter. The relative volume of the stock is 1.75, while its market cap is $3.54 Billion. WFG Advisors LP now owns 11,790 shares of the real estate investment trust's stock worth $264,000 after buying an additional 9,090 shares in the last quarter.

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  • Cricket Legend Meets PM Modi Ahead Of Movie Release

    Cricket Legend Meets PM Modi Ahead Of Movie Release

    While talking about the film, Sachin said, "Being a private person, I did not want to say yes to this project, therefore, it took me nearly eight months to get convinced". Sachin also speaks about achieving his dream of lifting the World Cup and says that he had to wait 22 years for the goal to be achieved, There were 5 World Cups in between, he added.

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  • Mortgage rates retreat amid political turmoil in Washington

    Because mortgage rates tend to follow the same path as long-term bonds, it is likely that rates will continue to fall in the coming week. Sean Becketti, chief economist at Freddie Mac , forecast more rate declines were on the way. A year ago at this time, the 5-year ARM averaged 2.80 percent. While the White House scandal was the catalyst for a measurable drop in the past couple days, mortgage rates had already moved a bit lower thanks to a slower than expected rise in consumer prices.

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  • Drilling Down Into Salesforce.com, inc. (CRM)

    Drilling Down Into Salesforce.com, inc. (CRM)

    JNBA Financial Advisors increased its position in shares of salesforce.com, inc.by 9.3% in the fourth quarter. Stock has got outperform rating from no analyst of Thomson Reuters whereas 1 analyst given hold rating to the stock. In other news, CFO Mark J. Hawkins sold 8,624 shares of the business's stock in a transaction that occurred on Monday, March 27th. Allanson Joe sold $48,700 worth of stock or 657 shares.

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  • Reema Lagoo, who played mother to top Bollywood actors, dies

    Reema Lagoo, who played mother to top Bollywood actors, dies

    Actress Reema Lagoo, who made audiences laugh with her performances in Tu Tu Main Main and Shrimaan Shrimati , passed away due to a cardiac arrest at Kokilaben Dhirubhai Ambani Hospital (KDAH) at the age of 59 years. Her role in Vaastav , where she played Shanta, mother of protagonist Raghu (Sanjay Dutt), will always be remembered for the strong portrayal of a mother to a wayward son.

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  • Foot Locker Stock Plunges on Sales Miss Amid Retail Headwinds

    Foot Locker Stock Plunges on Sales Miss Amid Retail Headwinds

    The shares were sold at an average price of $77.51, for a total value of $1,937,750.00. Foot Locker plunged 15 per cent after its profits fell short of analysts' forecasts. Institutional investors own 95.30% of the company's stock. 04/20/2017 - Foot Locker, Inc . was upgraded to "buy" by analysts at Buckingham Research.

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  • FBI chief's unceremonious ouster boomerangs on president

    Defending Trump's actions, officials played down the importance and secrecy of the information, which had been supplied by Israel under an intelligence-sharing agreement, and Trump himself said he had "an absolute right" as president to share "facts pertaining to terrorism" and airline safety with Russian Federation.

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  • Spicer confirms Western Wall 'clearly in Jerusalem'

    Spicer confirms Western Wall 'clearly in Jerusalem'

    In a recently-launched project, IDF soldiers from the Combat Intelligence Collection Corps, including spotters, will help protect Israel's wildlife. The White House on Monday told The Time of Israel the comments by the official were "unauthorised" and did not represent Trump's policy. "This is nTterritory, but rather part of the West Bank".

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  • Lighthizer confirmed as US Trade Representative

    Lighthizer confirmed as US Trade Representative

    Dairy Export Council (USDEC) said following Lighthizer's Senate confirmation. Lighthizer, a corporate lawyer and former deputy United States trade representative in the Reagan administration, took office yesterday (15 May) promising to help President Donald Trump "permanently" reverse what he described as America's "dangerous" trade policies.

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  • US VP Pence warns North Korea: 'The sword stands ready'

    US VP Pence warns North Korea: 'The sword stands ready'

    It appears Trump and other USA leaders are hoping China, long a patron of North Korea, will put pressure on dictator Kim Jong Un to back away from his military buildup. "It shows why we are working so closely right now with the Chinese.to try to get this under control and aim for the denuclearised Korean peninsula ", he said.

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  • Lyft, Waymo ink self-driving car deal: NY Times

    Lyft, Waymo ink self-driving car deal: NY Times

    Waymo's new collaboration with Lyft, the second largest U.S. ride-hailing firm, does carry competitive implications for rival firm Uber in the fierce race to develop self-driving technology. Things are also icy between Waymo and Uber. Waymo is suing Uber, alleging the ride-hailing giant is using trade secrets stolen by a former engineer to develop self-driving technology.

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  • Tesla's solar roof tiles affordable, under warranty forever

    Tesla's solar roof tiles affordable, under warranty forever

    Photovoltaic installer SolarCity (co-founded by Elon Musk and then acquired by Tesla in late 2016) will roll out the new system, available for outright purchase or through a lease, in California beginning in June and plans to expand to other parts of the United States soon thereafter.

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  • North Korea: US and South Korea tried to assassinate Kim Jong Un

    KCNA, which often carries shrill, bellicose threats against the United States, gave lengthy details about the alleged plot but said it could never be accomplished. South Korea has accused Pyongyang of assassination plots, too, most recently in February following the murder of Kim Jong Nam, allegedly at the hands of North Korean agents.

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  • Hertz Global Holdings, Inc (HTZ) Announces Quarterly Earnings Results

    Hertz Global Holdings, Inc (HTZ) Announces Quarterly Earnings Results

    Barclays PLC reissued an equal weight rating and set a $23.00 target price (down from $31.00) on shares of Hertz Global Holdings in a research note on Friday, February 24th. The consensus recommendation for stock is 2.90. If you are reading this story on another site, it was stolen and republished in violation of United States and worldwide copyright and trademark legislation.

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  • Reckitt Benckiser Group Plc (RB) Price Target Raised to GBX 8150

    Out of 7 Wall Street analysts rating DaVita, 1 give it "Buy", 0 "Sell" rating, while 6 recommend "Hold". Therefore 63% are positive. The firm's market cap is GBX 4.29 billion. It has a 15.76 P/E ratio. The Company's operating divisions include Motor, Home, Rescue and other personal lines, Commercial and Run-off. Over the last 30 and 90 trading days the company share price has decreased 29.05 points and decreased 19.35 points respectively.

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