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Finance

Being the first visit by a Central Asian president to the White House during President Donald Trump's presidency, Nazarbayev's meeting allows him to position Kazakhstan as a, if not the key player in the region in Mr. "We also agree that fair and reciprocal. trade benefits both of our countries", Trump said. Specifically, Kazakh air carrier SCAT Airlines ordered six Boeing 737 MAX 8 airplanes.
  • Ferrari Plans to Make an Electric Supercar

    Ferrari Plans to Make an Electric Supercar

    Finance

    Speaking at the event in Detroit yesterday, the company's chief executive, Sergio Marchionne, told Auto Express that the vehicle will be ready by the end of 2019 or beginning of 2020. "So we are working on the vehicle but it's not finished". "We do it because we have to do it", Marchionne apparently said. Ferrari has made mild hybrid cars like the LaFerrari and the FXX K using the kinetic energy recovery system (KERS) found in their Formula 1 cars.
  • Melrose goes hostile with £7.4bn GKN bid

    Melrose goes hostile with £7.4bn GKN bid

    Finance

    GKN's rejection of the offer prompted Melrose to start meeting GKN's shareholders this week to discuss its proposal. Melrose chairman Christopher Miller said: "Like GKN, Melrose is a United Kingdom company operating internationally. Melrose is attempting to snap up GKN after the engineer was left weakened by profit warnings in October and November, double blows that were both sparked by problems at its aerospace division and sent its shares sharply lower.
  • Panic as major United Kingdom govt contractor teeters

    Panic as major United Kingdom govt contractor teeters

    Finance

    PPF chief executive officer Alan Rubenstein said: "We can confirm that we have been notified that some of the Carillion group's companies have gone into liquidation and we know this news will raise serious concerns for their employees". Nearly half of them are in the U.K. Carillion employs more than 6,000 people in Canada. The 200-year-old company, swamped by debt and pension liabilities and burning through cash, went into liquidation on Monday, threatening suppliers , merchants and big ...
  • Janney Montgomery Scott LLC Increases Position in Kimberly Clark Corp (KMB)

    Janney Montgomery Scott LLC Increases Position in Kimberly Clark Corp (KMB)

    Finance

    Nantahala Capital Management Llc who had been investing in Scientific Games Corp (Call) for a number of months, seems to be bullish on the $4.81B market cap company. Among 18 analysts covering Kimberly-Clark (NYSE:KMB), 2 have Buy rating, 5 Sell and 11 Hold. Therefore 56% are positive. In case of Revenue Estimates, 10 analysts have provided their consensus Average Revenue Estimates for Kimberly-Clark Corporation as 4.6 Billion.
  • Tufton Capital Management Raises Stake in Schlumberger Limited. (SLB)

    Finance

    Heritage Investors Management Corp grew its holdings in Schlumberger Limited . The Stock surged0.47% and closed its last trading session at $53.45. (NASDAQ:PNFP) shares with value of $2.02M were sold by CALLICUTT RICHARD D II. (NASDAQ:AAPL) shares were sold by Riccio Daniel J. 49,702 shares were sold by MAHON TULLIER KELLY, worth $5.65 million.
  • UP Police seize Rs 100 cr old currency seized from Kanpur

    UP Police seize Rs 100 cr old currency seized from Kanpur

    Finance

    A final amount has not been ascertained as search and counting is underway. The cops along with NIA team and RBI officers then raided a hotel and took some people in custody for alleged connection with the recovered money. The arrested were identified as Anand Khatri, builder, Santosh Yadav, professor, key liasioner Mohit Dhingra, Sanjay Agarwal, Manish Agarwal - all residents of Kanpur , Koteshwar Rao from Andhra Pradesh, Sanjay Kumar from Varanasi, Anil Yadav from Saharanpur.
  • Man faces arrest for wearing too many clothes

    Man faces arrest for wearing too many clothes

    Finance

    Two security guards wearing high-vis jackets approach Williams as he asks: "Why can't I get on this flight?" On Twitter, Williams said he couldn't afford the excess baggage fee, about $125, "as a result of being left homeless in Iceland for over a week".
  • European Union goes to war on plastic waste

    European Union goes to war on plastic waste

    Finance

    The EU has unveiled plans for all plastic packaging used in Europe to be recyclable or reusable by 2030. Europeans generate 25 million tonnes of plastic waste every year but less than 30% is recycled. The new strategy also includes €100 million in additional funding to support efforts to find more "innovative" and efficient recycling processes.
  • Chevron (CVX) Rating Reiterated by Scotiabank

    Finance

    The institutional investor held 396,177 shares of the power generation company at the end of 2017Q3, valued at $19.60M, up from 383,023 at the end of the previous reported quarter. Before trading, trader, investor or shareholder must have an eye on stock's historical performance. D E Shaw & Comm reported 27,055 shares. ( CVX ) stake by 8.7% reported in 2017Q3 SEC filing.
  • Express Scripts' (ESRX) "Hold" Rating Reiterated at Needham & Company LLC

    Finance

    After the latest session, which saw the stock close at a price of $80.09, ESRX sits below its 52-week high. (NASDAQ:TXRH). Retail Bank Of Mellon Corp invested in 0.02% or 1.14M shares. Five investment analysts have rated the stock with a sell rating, ten have issued a hold rating, eight have given a buy rating and two have given a strong buy rating to the company's stock.
  • Bitcoin drops below $12000 to six week low and then $11000

    Bitcoin drops below $12000 to six week low and then $11000

    Finance

    Bitcoin is now trading nearly 20 percent lower today than it was yesterday afternoon when it peaked at a price of about $14,300 before plunging to roughly $11,600 at the time of writing on Tuesday morning. Nearby South Korea has also mulled tough measures on cryptocurrency, but officials say a planned ban on exchanges has not yet been finalised, Reuters reported on Monday.
  • President Trump Got A Normal Score On This 10-Minute Mental Exam

    Finance

    That height and weight gives Trump a body mass index (BMI) of 29.9 which places him in the overweight category on the verge of obesity, defined as a BMI of 30 or greater. Jackson said he would increase that dose in an effort to get Trump's so-called "bad" cholesterol, or LDL level, below 120; it now is 143. Jackson dismissed those claims Tuesday, telling reporters he had never known Trump to repeat himself.
  • New England senators introduce offshore drilling ban

    New England senators introduce offshore drilling ban

    Finance

    The Trump administration exempted Florida from consideration within days of announcing its plans to expand offshore drilling for oil and gas. Secretary of the Interior Ryan Zinke announced the Trump administration's plan to allow for oil drilling in previously protected waters off the coast of the USA on January 4.
  • Jessica Falkholt has passed away following Boxing Day crash

    Jessica Falkholt has passed away following Boxing Day crash

    Finance

    Her life support had been turned off last week, one day after the joint funeral for her parents and sister. Jessica, 29, and her younger sister Annabelle , 21, were pulled from the fiery wreckage of their auto near Ulladulla on Boxing Day but her parents Lars and Vivian died at the scene.
  • DOW BULL run continues as top USA index opens at record high

    DOW BULL run continues as top USA index opens at record high

    Finance

    Fourth-quarter earnings reporting is well under way helping the Dow over the 26,000 mark for the first time. Citigroup (C.N) shares rose 0.4 percent to $77.15 after earnings topped expectations, the latest major US bank to post results for the fourth quarter.
  • Unusual Volume Spotted in Vipshop Holdings Limited (NYSE:VIPS) Stock

    Unusual Volume Spotted in Vipshop Holdings Limited (NYSE:VIPS) Stock

    Finance

    It has underperformed by 94.35% the S&P500.The move comes after 5 months negative chart setup for the $161.60M company. Parus Finance Uk Ltd decreased Vipshop Hldgs Ltd ( VIPS ) stake by 9.47% reported in 2017Q3 SEC filing. JP Morgan downgraded it to "Neutral" rating and $11 target in Wednesday, May 18 report. As per Wednesday, August 17, the company rating was downgraded by Deutsche Bank.
  • Cooper Tire & Rubber (CTB) Upgraded to Buy by Zacks Investment Research

    Finance

    It has underperformed by 1.50% the S&P500. Victory Capital Management Inc decreased its stake in Cooper Tire & Rubr Co (CTB) by 6.95% based on its latest 2017Q3 regulatory filing with the SEC. Toronto Dominion Bank, which manages about $31.12B US Long portfolio, decreased its stake in Gran Tierra Energy Inc (Call) (NYSEMKT:GTE) by 5.89M shares to 2,900 shares, valued at $7,000 in 2017Q3, according to the filing.
  • Synergy Pharmaceuticals Inc. (NASDAQ: SGYP)

    Finance

    It has outperformed by 4.63% the S&P500. Synergy Pharmaceuticals had 35 analyst reports since August 25, 2015 according to SRatingsIntel. The stock of Synergy Pharmaceuticals Inc . Janney Montgomery Scott Ltd Co reported 23,500 shares. Sure, the percentage is discouraging but more headwinds are coming as looking out over a next 5-year period, analysts expect the company to see its earnings go down by 0%, annually.
  • GE Expects $6.2 Billion Charge After Reviewing Insurance Reserve

    GE Expects $6.2 Billion Charge After Reviewing Insurance Reserve

    Finance

    The stock decreased 3.33% or $0.6246 during the last trading session, reaching $18.1354. The shares were purchased at an average cost of $18.27 per share, with a total value of $1,096,200.00. Comstock Elizabeth J sold $633,375 worth of stock. Among 23 analysts covering QEP Resources ( NYSE:QEP ), 14 have Buy rating, 1 Sell and 8 Hold. Therefore 30% are positive.