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Economy

Oldfield Partners Llp who had been investing in Barrick Gold Corp for a number of months, seems to be less bullish one the $19.80B market cap company. Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Shares of African Barrick Gold ( NASDAQ:ABGLF ) opened at 2.37 on Monday.
  • JPMorgan Chase & Co. (JPM) Market Cap To Touch $335.83B

    JPMorgan Chase & Co. (JPM) Market Cap To Touch $335.83B

    Economy

    Butensky & Cohen Fin Security Inc holds 0.06% of its portfolio in JPMorgan Chase & Co. The stock rose 0.33% or $0.3 reaching $90.95. (JPM) over recent time; they noted that 11.02 million shares changed at hands contradiction to its average trading volume of 14 million.
  • 'Toilet: Ek Prem Katha' enters Rs 100 cr club!

    'Toilet: Ek Prem Katha' enters Rs 100 cr club!

    Economy

    The film is Akshay Kumar's 8th to cross Rs 100 crore at the box office. The movie is Akshay's eighth Rs.100 crore grosser which makes him the second superstar after Salman Khan who has been giving consistent hits. Posting the picture on her Twitter account she captioned it as, "Good morning and I guess here is the first scene of Toilet Ek Prem Katha part 2 #WhenYourWalkGoesDownTheToilet ".
  • Trump cancels pair of advisory councils after CEOs quit

    Economy

    Trump's remarks were widely criticized in Washington and around the country. He blasted Frazier less than an hour after the CEO quit the council. The response from the president was swift, throwing a jab at Frazier, a highly respected executive and one of only four African Americans to head a Fortune 500 company, according to the Executive Leadership Council.
  • Alpha Windward LLC Continues to Hold Position in Celgene Corporation (CELG)

    Economy

    The stock rose 0.41% or $0.52 reaching $128.1 per share. About 805,886 shares traded. Colgate-Palmolive Company (NYSE:CL) has risen 6.23% since August 18, 2016 and is uptrending. VESSEY RUPERT sold $497,672 worth of stock. The shares were sold at an average price of $130.52, for a total transaction of $2,415,403.12. Friedman Michael A had sold 5,000 shares worth $625,000.
  • Under Armour CEO Resigns From Pres. Trump's Manufacturing Council

    Under Armour CEO Resigns From Pres. Trump's Manufacturing Council

    Economy

    Intel CEO Brian Krzanich has become the third top business leader to step down from President Trump's manufacturing council on Monday. Pharmaceutical boss Frazier cited Trump's passive and delayed response in denouncing the hate groups responsible for the Virginia violence as the basis of his resignation that morning.
  • Exec resigns from president's council, and Trump lashes out

    Exec resigns from president's council, and Trump lashes out

    Economy

    Frazier, the CEO of Merck , resigned from President Trump's American Manufacturing Council on Monday, Aug. 14. Austan Goolsbee, the former chief economist for President Barack Obama, said the departures suggest the president's response to the violence in Charlottesville could alienate those who work for the companies, and those who buy the products and services that they sell.
  • Doanld Trump blasts CEOs who quit advisory panels as 'grandstanders'

    Doanld Trump blasts CEOs who quit advisory panels as 'grandstanders'

    Economy

    He follows the chiefs of Merck and Under Armour , who announced their decisions earlier Monday amid the fallout over Trump's response to violence over the weekend at a white nationalist rally in Charlottesville, Virginia . One person was killed in the protests after a vehicle slammed into a crowd and multiple people were injured in that incident and in running clashes between white supremacists and those opposing them.
  • 'Game of Thrones' episode shown in Spain, Nordics by error

    'Game of Thrones' episode shown in Spain, Nordics by error

    Economy

    The fantasy series is already the most pirated show in TV history. This is not the first problem HBO has had with its hit show being leaked. A similar blunder had happened before as well, when four people from Star India's vendor - Prime Focus Technologies had leaked the fourth episode of the popular series.
  • Seaport Global Upgrades Rating On Nabors Industries Ltd. (NBR)

    Economy

    NBR's SI was 37.45 million shares in August as released by FINRA. Gratry & Company Llc decreased Honda Motor Company (NYSE:HMC) stake by 16,280 shares to 106,330 valued at $3.10M in 2016Q4. Pinnacle Assoc Limited owns 0% invested in Nabors Industries Ltd . (NYSE:NBR) for 10,425 shares. Nabors Industries Ltd. The company's market capitalization is $1.89 billion.
  • Korea, US hold phone talks to discuss alliance, NK issues

    Korea, US hold phone talks to discuss alliance, NK issues

    Economy

    Mr Trump said last week that Mr Kim had gotten away with provocations for too long and suggested that he was ready to hit the reclusive regime with USA military might. Meanwhile, South Korean President Moon called Monday for a peaceful solution to the nuclear standoff, saying " there must not be another war on the Korean Peninsula ", according to her office.
  • Oil jumps 3% as dollar falls, US rig count drops

    Oil jumps 3% as dollar falls, US rig count drops

    Economy

    Oil prices have recovered with the support of falling crude inventories in the U.S. following a fall of more than 1% in the previous session, though high production rates continue to restrict gains. Prices fell 77 cents to close at $46.78 Wednesday, the lowest since July 24. By 4:43pm EST, WTI had rallied slightly, trading at $47.81 with Brent Crude trading at $51.04.
  • Immunomedics, Inc. (IMMU) PT Set at $11.00 by Jefferies Group LLC

    Economy

    It improved, as 13 investors sold Immunomedics , Inc. shares while 16 reduced holdings. If Altaba Inc. (NASDAQ:AABA) shares can stay above the price resistance around $63.08 a share, that could help propel Altaba Inc. Shares of Immunomedics Inc (NASDAQ:IMMU) now have an Average Brokerage Recommendation of 1, number of Recs in ABR is 3 while industry rank of the company by ABR is out of 265.
  • Severe Winds Cause Ongoing Delays and Cancellations to Flights

    Severe Winds Cause Ongoing Delays and Cancellations to Flights

    Economy

    Elsewhere, emergency crews scrambled to restore power to more than 40,000 homes in Sydney's south after the winds affected substations in Cronulla and Kirrawee. Passengers arriving into and flying out of Sydney Airport have been advised to check their airline's websites, travel alerts and social pages for further information.
  • Insiders Are Selling - Twenty-First Century Fox, Inc

    Economy

    The rating was maintained by Barrington Research on Monday, February 27 with "Outperform". (NYSE:PII) rating on Wednesday, October 26. This research report and rating ought to be used to complement individual research and plans. Looking on other side, Forward Price to Earnings ratio of FOXA persists on 11.75. Meritor Inc (MTOR) has risen 104.71% since August 18, 2016 and is uptrending.
  • Infosys (NYSE:INFY) Receiving Somewhat Positive Media Coverage, Analysis Finds

    Economy

    Hedge funds and other institutional investors own 20.54% of the company's stock. OLD National Bancorp IN purchased a new position in Infosys Limited during the second quarter worth $185,000. The 50 day moving average was down $-0.79 and the 200 day average went down by -2.65%. Cantor Fitzgerald initiated Infosys Ltd ADR (NYSE: INFY ) on Friday, October 16 with "Hold" rating.
  • CEOs of Under Armour, Intel & Merck quit Trump's manufacturing council

    Economy

    Trump has come under fire for his comments Saturday that "many sides" are to blame for the violence. Frazier, who grew up in a poor neighborhood in Philadelphia, resigned from the manufacturing advisory council days after one person was killed and others wounded in violent clashes between white supremacists and protesters.
  • Trump Labels CEOs Who Left Advisory Panel as 'Grandstanders'

    Trump Labels CEOs Who Left Advisory Panel as 'Grandstanders'

    Economy

    But when asked repeatedly whether this was an act of terror, Trump wouldn't clearly condemn it as such, saying: "You can call it terrorism". Head to IBD Stock Checkup for a look at other drug stock leaders. There is no critique of Trump or the administration, and there is no condemnation of the events in Charlottesville, Va ., this weekend - or even a clear connection between those events and this statement.
  • Three CEOs walk away from Trump after Charlottesville

    Three CEOs walk away from Trump after Charlottesville

    Economy

    The top boss of Merck & Co Incorporation - one of the world's largest pharmaceutical companies - was one of the first to react to Trump's failure to condemn the white nationalists for Saturday's outbreak of violence in Charlottesville , which left one dead and more than a dozen injured.
  • Pretium Resources, Inc. (PVG) Shares Sold by CIBC Asset Management Inc

    Economy

    It operates through four divisions: Community Banking, Mortgage Originations, Mortgage Servicing, and Other. Pretium Resources Inc (NYSE: PVG ) has risen 14.20% since August 15, 2016 and is uptrending. The rating was maintained by Roth Capital on Thursday, September 17 with "Buy". The firm has "Outperform" rating by RBC Capital Markets given on Tuesday, May 23.