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  • Dollar dips against euro after weak United States economic data

    The chart below illustrates gold price movement in the wake of a disappointing US data and as investors closely watched the Federal Reserve's policy statement due later this week. While inflation when looked at in a 12-month prism is "running close" to the Fed's 2 percent objective, a measure that excludes volatile food and energy prices showed a pace "somewhat below" the target.

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  • Bank of England: interest rates may need to rise before late 2019

    Its partial recovery since February could ease some of that upward pressure on prices. The fall in sterling has pushed up the price of importing goods, which gets passed through to everyday items that people buy. Mark Carney is choosing his words carefully. "We would have had to do an alternative forecast with some variant of a disorderly negotiating process, and we have not done that", he said.

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  • AstraZeneca shares boosted by lung cancer drug breakthrough

    AstraZeneca shares boosted by lung cancer drug breakthrough

    Results of that trial are due in the middle of the year, and could transform AstraZeneca's business. Sean Bohen, chief medical officer at the firm, said: "These are highly encouraging results for patients... It may not be the trial that AstraZeneca PLC (LON: AZN ) investors are pinning their hopes on, but the big pharma group has already achieved some success in the lung cancer space after revealing "positive results" for its Phase III PACIFIC trial.

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  • IMF chief urges Eurozone to progress on Greece debt relief package

    IMF chief urges Eurozone to progress on Greece debt relief package

    This contradicted comments Wednesday from Slovak Finance Minister Peter Kazimir, who suggested IMF chief Christine Lagarde had convinced the fund's board to approve a new loan for troubled Greece. The IMF believes that debt relief, or at least a clear promise of it now, is needed to restore investor confidence in Greece, especially if the country, which has public debt of 180 percent of GDP, is to return to market financing next year.

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  • Santana asegura que Lula sabía de pagos irregulares

    La información forma parte de las delaciones de Moura y Joao Santana, autores de las victorias electorales en 2006 de con Luiz Inácio Lula da Silva y Dilma Rousseff en 2010 y 2014, como parte de un acuerdo de colaboración que hicieron con la Justicia brasileña a cambio de reducciones en sus condenas.

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  • JC Penney's Stock Is Getting Thrashed - What You Need to Know

    JC Penney's Stock Is Getting Thrashed - What You Need to Know

    Quarterly net sales declined 3.7 percent to $2.71 billion from $2.81 billion past year. The company's shares were down about 12 percent at $4.65 premarket on Friday, set to hit a record low in regular trading. This week, Macy's , Nordstrom and Kohl's posted fading same-store sales numbers as well. Looking ahead to fiscal 2017, J.C. Penney still expects adjusted earnings to be in a range of $0.40 to $0.65 per share; comparable store sales in a range of down 1 percent to up 1 percent.

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  • Chiefs sign versatile Canadian forward Tyler Ardron on two-year deal

    Chiefs sign versatile Canadian forward Tyler Ardron on two-year deal

    The 25-year-old scored seven tries in 64 appearances for the region after joining from Ontario Blues in 2013. Chiefs coach Dave Rennie described Ardron as an experienced and dynamic player. "Tyler is a very experienced and dynamic worldwide loose forward", Rennie added. Karpik, Boshier and Brown have already signed new two-year deals through to 2019.

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  • AN ratifica acuerdo de 'nulidad' de decreto a Constituyente

    Aseguró que los designados para llevar la consulta a la constituyente tienen 10 días dedicados a este proceso, sin embargo, hay sectores que se han negado a la consulta y ha recibir a la comisión. De igual forma, Roselys Moreno , en representación de la Comuna Alexis Moncada del estado Anzoátegui, resaltó que con la Constituyente se busca dar más fuerza al pueblo organizado dentro de sus comunidades.

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  • EU's Donald Tusk pleads for 'mutual respect' in Brexit negotiations

    Barnier on the other hand reiterated that the 27 remaining European Union countries require "iron-clad guarantees" of citizens' rights before the negotiations on Britain leaving the bloc can move to a future trade accord. Charles Grant, director of the Center for European Reform, said on Twitter that May had misunderstood Brussels' politicians' motives. "We here in Brussels , we are very busy with our policy work, we have too much to do on our plate", he said.

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  • Trump admits Russian Federation probe played into Comey's firing

    In his letter firing Comey, Trump said the former FBI director had told him on three separate occasions that the investigation did not involve him. Thank you for signing up. According to United States media reports, Comey told lawmakers within the past few days he had asked the justice department to make additional resources available - mainly more staffing - for the Russian Federation probe.

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  • Buffett calls Obamacare replacement 'a huge tax cut for guys like me'

    Wells Fargo, whose largest shareholder is Berkshire with a 10 percent stake worth roughly $27 billion, gave employees too much autonomy to engage in "cross-selling" multiple products to meet sales goals, Buffett said. Berkshire Hathaway Inc Chairman Warren Buffett fumed Saturday that health care costs are eating away at the USA economy like "tapeworm" and said the Republican approach to overhaul Obamacare is a tax cut for the rich.

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  • White House Expected To Announce Voting Fraud Commission

    Ahead of Trump's order , the officials said the commission would look at allegations of improper voting and fraudulent voter registration across the United States in last November's election. There's nothing inherently wrong with creating a commission to address problems in our election system. Not only did the Rutgers prof urge educators to turn their back on Trump's commission, but she went on to propose they create their own working group to present alternate facts to Trump's effort.

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  • Legal & General Group Plc (LGEN) Coverage Initiated at Credit Suisse Group AG

    The company was upgraded on Wednesday, January 11 by Raymond James. The stock has "Neutral" rating by UBS on Wednesday, November 25. (NASDAQ:MIND) rating on Monday, August 10. Shire PLC (LON:SHP) has declined 12.34% since October 10, 2016 and is downtrending. It has underperformed by 12.01% the S&P500. Da Davidson Company has invested 0% of its portfolio in Compass Group plc (LON:CPG).

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  • Oil up on falling United States inventories

    Crude inventories fell 5.2 million barrels (bbl) in the week to May 5, the U.S. Energy Information Administration (EIA) said , compared with expectations for a decrease of 1.8 million bbl. Nigeria, which along with Libya is exempt from OPEC cuts, is also expected to see a jump in output soon as Shell tests the Trans Forcados oil export pipeline before it restarts.

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  • Gunmaker blames election for drop in gun demand

    Gunmaker blames election for drop in gun demand

    Several large investors have recently added to or reduced their stakes in the company. Vista Outdoor has a 52-week low of $18.32 and a 52-week high of $52.08. The legal version of this piece can be accessed at https://www.chaffeybreeze.com/2017/05/11/cowen-and-company-reaffirms-hold-rating-for-vista-outdoor-inc-vsto.html.

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  • Australian banks lick wounds after tax hit

    NAB chief Andrew Thorburn predicted the tax would affect "millions of everyday Australians", including staff, customers, and shareholders. Sign up here for free access to 7 articles per month + twice daily business email alerts. The banks have said the cost of the levy will eventually be borne by shareholders, borrowers and employees. Martin North, of consultancy Digital Finance Analytics, also believes banks will ultimately pass on the levy to customers.

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  • Where Ford Motor Company (NYSE:F) Stands on Analytical Review Chart?

    Where Ford Motor Company (NYSE:F) Stands on Analytical Review Chart?

    A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Prudential Financial Inc. raised its stake in General Motors Company by 129.2% in the first quarter. For the current year the company's revenue estimates are $161.74B compared to low analyst estimates of $149.44B and high estimates of $169.97B according to the projection of 8 analysts.

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  • Surprise tax increases in 2017 Australian budget

    Surprise tax increases in 2017 Australian budget

    The administration expects development will increment from 1.75 percent in the current financial year to 2.75 percent one year from now. Health and Ambulance Services Minister Cameron Dick today told State Parliament that tonight's Federal Budget must restore the Commonwealth cuts to Queensland dental, mental health and aged care funding and put back the $10B that's been ripped out of Queensland public hospitals.

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  • Emirates airline posts 82.5 pct loss in 2016-17

    Emirates airline posts 82.5 pct loss in 2016-17

    Due to an 8-percent higher uplift in line with capacity increase, the carrier said, "the airline's fuel bill increased by 6 percent over past year to 5.7 billion dollars". Passenger yield fell 7.2 percent. In the last fiscal year, the Group collectively invested 13.7 billion dirhams (US$ 3.7 billion) in new aircraft and equipment, the acquisition of companies, modern facilities, the latest technologies, and staff initiatives.

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  • Bgeo Group PLC (BGEO) Rating Reiterated by Peel Hunt

    About 118,244 shares traded. It has underperformed by 9.75% the S&P500. Jefferies Group LLC boosted their target price on shares of Morgan Advanced Materials PLC from GBX 294 ($3.80) to GBX 335 ($4.33) and gave the stock a hold rating in a research report on Monday, March 27th.

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  • Jason Gillespie, Brad Haddin set to coach Australia A

    Jason Gillespie, Brad Haddin set to coach Australia A

    Australia A will play the South African and Indian A sides in two four-day matches and a one-day tri-series. "It's extremely pleasing to have three quality people in Jason, Chris and Brad on-board to guide the Australia A squad in their upcoming Tour of South Africa", Howard said.

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  • Snap's first earnings to shed light on battle with Facebook, Twitter

    Snap's first earnings to shed light on battle with Facebook, Twitter

    Analysts expect revenue of close to $158 million, roughly four times the $38.8 million figure from a year earlier, but down about 5 percent from $165.7 million for the fourth quarter of last year. "I think we really help everyone understand how valuable the camera is". "Just like how Google forced companies to develop their own search strategies, Snapchat is forcing competitors to develop a camera strategy", he added.

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  • Australian banks slugged with A$6.2 billion government levy

    He wouldn't say if NAB absorb the levy due to come into effect in 2017/18, saying only that it must be "borne by people". " The Australian banks have a very good track record of passing on higher funding costs, credit risks and other headwinds to customers", UBS bank analyst Jonathan Mott said in a note to clients late yesterday.

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