• Markets Right Now: Stocks push further into record terrain
Markets Right Now: Stocks push further into record terrain

The tech-rich Nasdaq Composite Index dropped 113.85 points (1.80 per cent) to end the session at 6,207.92, pulling back from Thursday's record. The Russell 2000 picked up 6.09 points, or 0.4%, to 1,421.71. It remains up 18.5 percent for the year. Energy stocks were up the most as the price of crude oil rose. But the financials and energy ...

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  • Labor department's fiduciary rule takes effect
Labor department's fiduciary rule takes effect

The applicability date for the long-awaited, much-debated Fiduciary Rule (see prior coverage here) is now upon us. Respect for the rule of law leads us to the conclusion that this date can not be postponed. "[Small investors] are going to have difficulty finding someone to help with rolling over [a retirement account] because of the rules that [w...

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  • Will US Crude Oil Inventories Fall for the Ninth Week?
Will US Crude Oil Inventories Fall for the Ninth Week?

With production capacity of about 600,000 barrels per day (bpd), Qatar's crude output is one of OPEC's smallest but tension within the Organization of the Petroleum Exporting Countries could weaken the supply deal, aimed at supporting prices.

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  • Kimco Realty Corporation (KIM) closed at $18.42 in the last trading session
Kimco Realty Corporation (KIM) closed at $18.42 in the last trading session

Amerisourcebergen Corp now has $19.98B valuation. The stock declined 0.10% or $0.09 reaching $87.76 on the news. The P/E Ratio measures its current share price relative to its per-share earnings. The firm has "Hold" rating given on Thursday, January 5 by Jefferies. The company's share price is down -77.14% from previous highs of around $32.24 per...

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  • 'Pirates 5' Wins a Dreary Holiday Box Office with $77M
'Pirates 5' Wins a Dreary Holiday Box Office with $77M

Yes, doom comes to the Memorial Day box office more times than Jason Voorhees goes to Camp Crystal Lake. It won't hit $20 million over the three day weekend, but what was anyone expecting from a bad looking movie based on a awful TV show? While it's certainly not a huge opening weekend, the R-rated comedy was produced under a $69 million budget...

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  • Global Ceramic Nanoparticles Market Research Report Forecast 2017
Global Ceramic Nanoparticles Market Research Report Forecast 2017

Digital certificates and public key infrastructure is witnessing a high demand due to its enhanced operational efficiencies at reduced costs, and improved security along with well-ordered workflow associated with digital certificates and public key infrastructure.

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  • Steve Kerr gets sarcastic: National Basketball Association greats 'would all kill us'
Steve Kerr gets sarcastic: National Basketball Association greats 'would all kill us'

J (who said the 1983 Sixers would beat the Warriors) and Phil Jackson (who asked of the Warriors, 'How's it goink?'). Recently, retired players have come out of the woodworks to claim their teams in their prime could beat the Warriors. Five of the six bookmakers had Golden State favored. Stephen Curry (30) puts in a layup in the first half ...

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  • Pennsylvania House gears up for huge gambling expansion vote
Pennsylvania House gears up for huge gambling expansion vote

The biggest stumbling block for the bill is the reintroduction of provisions allowing video gaming terminals at private taverns. As many as 40,000 terminals would be allowed statewide. In fact, the House tried to tie VGTs to online gambling previous year, but the chamber ultimately declined to advance that effort in 2016. House Majority Whip ...

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  • The Tristel Plc (TSTL) Rating Reiterated by FinnCap
The Tristel Plc (TSTL) Rating Reiterated by FinnCap

The firm earned "Buy" rating on Monday, January 9 by FinnCap. Compass Point upgraded the stock to "Buy" rating in Friday, May 13 report. The rating was downgraded by Numis Securities to "Hold" on Friday, November 27. Fort Limited Partnership reported 318,378 shares. Stifel Fincl holds 0.02% or 324,425 shares in its portfolio. Meeder Asset Mgmt owns...

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  • A look at what a hung Parliament means for Britain
A look at what a hung Parliament means for Britain

Sterling plunged against the dollar and the euro on Friday as the election result created even more uncertainty over the whole Brexit process. If May is unable to form a majority coalition, or can not set up a minority government , she would nearly certainly be forced to resign.

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  • Pound dives on fears UK election may produce no clear winner
Pound dives on fears UK election may produce no clear winner

Shares in housebuilders, which are more domestically focused, fell in morning trading. The FTSE 100 index of the UK's largest companies has performed well since last year's vote for Brexit, as the weakness of the pound offered a boost to overseas earning companies.

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  • Trump tweets support for banking bill
Trump tweets support for banking bill

Financial reform advocates argue the Choice Act would leave the US economy vulnerable to another financial crisis. Speaker of the House Paul Ryan (R-Wis.) said the bill will "bring hope back to Main Street". The Financial Choice Act would eliminate the Consumer Financial Protection Bureau's ability to supervise financial institutions an...

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  • President Trump: 'It's Time to Rebuild Our Country'
President Trump: 'It's Time to Rebuild Our Country'

And his veering from his staff's carefully laid out "infrastructure week" plans would only continue. Conservative opposition remains a potential roadblock to Trump's infrastructure plans. Business owners Dan and Mindy Withrow, parents of four children, said they have confidence that the president is going to accomplish his goal. Trump's const...

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  • Trump election-fraud official running for Kansas governor
Trump election-fraud official running for Kansas governor

Brownback's political reversal of fortune comes at a time when President Trump and the GOP-controlled Congress are contemplating major tax cuts for individuals and corporations designed to spur investment and create jobs and essentially pay for themselves over the coming decade through unprecedented growth in government revenues.

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  • The richest Chinese told the right way to get rich
The richest Chinese told the right way to get rich

That compares to the 38 percent analysts polled on Eikon were forecasting on average. Alibaba is one of the leading players in e-commerce and social media in China . "When companies like Tencent and Alibaba have earnings growth at 40% or 50% even though they are already so big, you can justify a higher [valuation] multiple", Ms.

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  • GOP-run House poised to roll back post-2008 financial rules
GOP-run House poised to roll back post-2008 financial rules

Senate Banking Committee chairman Mike Crapo, an Idaho Republican, said in an interview Thursday that he plans to craft his own legislation, and will seek input from the Trump administration and Senate Democrats. "These costs are unsustainable for small, community banks, who cannot afford to meet all the requirements and can't hire a team of la...

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  • Trump accuses Comey of lying, offers to talk to Special Counsel
Trump accuses Comey of lying, offers to talk to Special Counsel

Comey's testimony added fuel to critics' accusations that Trump's actions around the Russian Federation probe might have amounted to obstruction of justice. Trump also retweeted a comment from attorney Alan Dershowitz, who had written: "We should stop talking about obstruction of justice". Mr Trump had stayed unusually quiet on Thursday, refraini...

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  • Oil Drops on US Gasoline Supply Gain, Nigeria Output Recovery
Oil Drops on US Gasoline Supply Gain, Nigeria Output Recovery

The 3.3M-barrel build in United States commercial oil inventories marked the first increase in 10 weeks and raised concerns over the effectiveness of the OPEC production cut agreement. The U.S. oil and gas industry, outside of OPEC's agreement, has increased production as 24 other oil producing countries have cut back. There were, however, ...

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  • Asian currencies inch higher shrugging off United Kingdom election results
Asian currencies inch higher shrugging off United Kingdom election results

It dropped as low as $1.2636 and 88.6 pence per euro - two- and six-month troughs - in early London trading, before clawing back some ground. "Today's result will in part be seen as a vote against a definitive break from the European Union , and the market may soon begin to reassess the probability of a so-called "hard Brexit".

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  • Apple's iOS 11 Storage Tools: New Ways to Help You Save Space
Apple's iOS 11 Storage Tools: New Ways to Help You Save Space

The feature is drag and drop , which does not exist in the current version. If true, it would mark the first time that Apple has offered support for the popular FLAC file format on an iOS device. Or, if you get a text message asking for money, Siri will suggest iMessage's Apple Pay integration with the exact amount that's been requested. The i...

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  • British Airways owner loses £500m in value after IT meltdown
British Airways owner loses £500m in value after IT meltdown

The airline said on Monday that everything was returning to normal. At the same time, the airline said that it is facing a backlog of luggage that will take "some days" to clear. These include starting to charge for food on short haul flights previous year to cut costs. In a statement, Cruz hinted the process to rebuild trust would be a long on...

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  • Tehran attackers fought for ISIS, Iran says
Tehran attackers fought for ISIS, Iran says

Police increased their patrols in the streets and subway stations of Tehran on Thursday, a day after. "I came with my friends to show our solidarity with our supreme leader and nation". Bombers and gunmen killed 17 people in Iran's parliament and near the mausoleum of the Islamic Republic's founder, Ayatollah Khomeini, on Wednesday, in rare str...

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  • Friday's United States jobs report for May likely to show steady gains
Friday's United States jobs report for May likely to show steady gains

Economists polled by Reuters had forecast payrolls increasing by 185,000 jobs last month and the unemployment rate holding steady at 4.4 per cent. The past two months of job growth were also lower than originally reported, with March revised down to just 50,000 jobs added and April down to 174,000.

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  • (KGC) Earns Outperform Rating from Royal Bank of Canada
(KGC) Earns Outperform Rating from Royal Bank of Canada

The stock volatility for week was 3.98% while for month was 3.40%.The stock, as of last close, traded 60.76% to its 52 week low and was changed -20.31% from its 52 week high. The firm's revenue was up 1.7% on a year-over-year basis. The mining company reported $0.02 earnings per share for the quarter, topping analysts' consensus estimates of $0.01 ...

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  • EPS for Investors Real Estate Trust (IRET) Expected At $0.11
EPS for Investors Real Estate Trust (IRET) Expected At $0.11

It has underperformed by 16.70% the S&P500. Cbre Clarion Lc reported 0.07% stake. The stock declined 0.17% or $0.01 reaching $6 per share. State Street Corp increased its stake in shares of Alexandria Real Estate Equities by 31.4% in the first quarter.

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  • Oil prices continue to slide as supply overhang prevails
Oil prices continue to slide as supply overhang prevails

USA crude CLc1 futures rose 19 cents to $45.83 a barrel. Oil prices pared losses on Thursday, having hit one-month lows earlier in the day after unexpected surge in USA inventories and the return of more Nigerian crude aggravated investor concerns about an already oversupplied market.

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  • Body Shop sale moves closer as L'Oreal talks to Natura
Body Shop sale moves closer as L'Oreal talks to Natura

Founded in 1976 by British entrepreneur Anita Roddick, The Body Shop was a pioneer in its field but had since fallen victim to increased competition from newcomers offering similar products based on natural ingredients with no animal testing.

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  • Ogu: Eagles Can't Afford Not To Beat Bafana Bafana
Ogu: Eagles Can't Afford Not To Beat Bafana Bafana

Bafana Bafana fly home on Sunday and go straight to Rustenburg where they will play Zambia in an worldwide friendly on Tuesday at Moruleng Stadium. The 1996 AFCON champions had arrived in Nigeria through Lagos on Wednesday with a delegation of 35. The match is a first competitive fixture in a busy year for the national side that will also see ...

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  • Take Scottish independence vote off table, Ruth Davidson tells Nicola Sturgeon
Take Scottish independence vote off table, Ruth Davidson tells Nicola Sturgeon

After three recounts, just to make sure, the SNP's Stephen Gethins held onto this seat triumphing over the Scottish Liberal Democrat candidate Janet Riches. I'm afraid that's not enough. The SNP leader added: "It is an inescapable fact that we also suffered some bitterly disappointing losses last night".

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  • May's UK election gamble backfires as Tories lose majority
May's UK election gamble backfires as Tories lose majority

Meanwhile the supposed loser, Labour Party leader Jeremy Corbyn , savored a surprisingly strong result and basked in the adulation of an energized, youthful base. Other parties were projected to win 18 seats. "If the poll is anything like accurate, this is completely catastrophic for the Conservatives and for Theresa May", said Osborne.

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  • United Kingdom election: Theresa May could lose parliamentary majority, exit poll shows
United Kingdom election: Theresa May could lose parliamentary majority, exit poll shows

May stunned the country when she called the election in April, after repeatedly arguing that such a poll would be too disruptive following the referendum vote to leave the European Union past year. Founded by arch unionist Ian Paisley in 1971, the party is firmly behind Northern Ireland remaining part of the United Kingdom, and maintains a broa...

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  • James Comey Testimony: What to know before the former Federal Bureau of Investigation director testifies
James Comey Testimony: What to know before the former Federal Bureau of Investigation director testifies

Comey, for his part, accused the Trump administration in his testimony of spreading "lies, plain and simple" about him and the Federal Bureau of Investigation in the aftermath of his abrupt firing, in dramatic testimony that exposed deep distrust between the president and the veteran lawman and threatened to undermine Trump's presidency.

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  • Pound flat and markets hold steady as Britain goes to the polls
Pound flat and markets hold steady as Britain goes to the polls

Which is fortunate, as viewed through the narrow prism of finance, none of the major parties in this election has articulated a clear view of its relationship to a sector which contributed more than 11% of the UK's tax receipts past year, according to a PwC estimate.

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  • White House defamed me, says former FBI chief James Comey in testimony
White House defamed me, says former FBI chief James Comey in testimony

In a feverishly-anticipated hearing before the Senate Intelligence Committee , Comey confirmed under oath that Flynn was in "legal jeopardy" and that the FBI investigation of him was specifically focused on his contacts with Kremlin operatives.

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  • Crude inventories fall, but rising output tempers price gains
Crude inventories fall, but rising output tempers price gains

As OPEC and other major producers cap their production, analysts see US crude output continuing to trend higher as long as global prices stay above $40, a threshold at which many large USA oil companies can produce at a profit. Futures slumped as much as 3.4 percent in NY and Brent crude in London slid below $50 a barrel. Check out Evan Calio's ...

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