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  • ArcelorMittal doubled profits to $1 billion in first quarter

    ArcelorMittal doubled profits to $1 billion in first quarter

    The world's largest steelmaker ArcelorMittal today reported a net profit of Dollars 1 billion for the quarter ended March 31, 2017 but reported a rise in net debt to USD 12.1 billion during the period. "We expect market conditions to be broadly stable in the second quarter". Generating negative free cash flow would negate some of the debt reductions that these companies have completed in recent quarters.

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  • Transocean LTD (RIG) Price Target Cut to $16.00

    The ABR rank is displayed in the range of 1 to 5 where 1 represents a Strong Buy and 5 a Strong Sell. Vetr downgraded shares of Transocean LTD from a "strong-buy" rating to a "buy" rating and set a $14.91 target price for the company.in a research report on Tuesday, February 21st.

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  • Climate envoys meet in Bonn, but all eyes on Washington

    Chairman of the talks, Moroccan Foreign Minister Salaheddine Mezouar, said global momentum to combat climate change was irreversible and it would be "difficult or foolish" for anyone to defy public pressure for action. It's the second time a meeting to discuss the landmark climate agreement has been shelved. Ivanka Trump has said she'll focus partially on climate change in her White House role, and helped set up a meeting during the transition period between her father and former ...

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  • Home Capital reports small dip in deposits in high interest savings accounts

    Home Capital reports small dip in deposits in high interest savings accounts

    The company wants to sell all or part of its commercial mortgage portfolio, its consumer finance business and a small portion of its traditional residential mortgage portfolio to raise the C$2 billion ($1.5 billion), the people said. But the company did say the buyer was someone they had done business with in the past. But the company's interim CEO, Bonita Then, said its management's focus is on finding more sources of funding in the near term and the seeking longer-term solutions to put its ...

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  • Oil prices rise in expectation of Aramco supply cut to Asia

    Based on the lower US inventories and the expectation of an extended production cut, this week has the market stabilize, including a recovery of Brent back above $50 per barrel, following steep price falls last week. Today, OPEC released data showing that production fell by 18,000 barrels a day April, even as Saudi Arabia raised output. "OPEC and non-OPEC members have shown commitment to production cuts and an extension of the agreement.

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  • China prueba un nuevo misil cerca de costas coreanas

    China prueba un nuevo misil cerca de costas coreanas

    La prueba se ha llevado a cabo durante una maniobra militar para "aumentar la capacidad operacional de las Fuerzas Armadas y reaccionar eficazmente ante las amenazas a la seguridad nacional", según reza el comunicado. En tanto, la situación ocurrió en el también llamado Golfo de Bohai, una masa de agua que linda con la Bahía de Corea, dentro del Mar Amarillo, y que por su cercanía con Beijing es una de las zonas con más tráfico marítimo del mundo.

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  • Amaya (NASDAQ:AYA) reports 1Q17 earnings results; Topline up 10%; Tops Estimate

    Amaya (NASDAQ:AYA) reports 1Q17 earnings results; Topline up 10%; Tops Estimate

    Revenue rose 10 per cent to $317.3 million. Shares of Amaya Inc. The company's net income rose to $65.8 million, or 33 cents per share in the first quarter, from $55.5 million, or 28 cents per share, a year earlier. (NASDAQ:AYA) by 62.8% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). Promoted after founder David Baazov stepped down amid insider trading charges and poor earnings performance, Ashkenazi is working to pay down ...

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  • Senado aprobó por unanimidad la ley que pone límites al 2x1

    Por eso, dijo, "nos encontramos con decisiones judiciales irracionales, que son irresponsables" y que ponen en cuestionamiento "a la propia justicia". Se trata de Elena Highton de Nolasco, Carlos Rosenkrantz y Horacio Rosatti . A raíz de la marcha convocada para a las 17 por organismos de Derechos humanos en repudio al fallo de la Corte Suprema que aplicó el beneficio del " 2x1 " a un represor condenado por delitos de lesa humanidad , muchas calles de la Ciudad de Buenos Aires ...

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  • Allianz confirms outlook for 2017 after Q1 earnings, Pimco strength

    Allianz confirms outlook for 2017 after Q1 earnings, Pimco strength

    That blip came in the area of property and casualty insurance, with operating profit declining 12.7% compared to the same quarter during the previous year. Particularly notable was the performance of its life and health business with statutory premiums growing by 1.3% to 16.9 (16.7) billion euros "due to strong single premium growth from the sale of capital-efficient products in Germany and higher unit-linked premiums in Taiwan, which compensated for the decline in premiums in the United ...

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  • Traders Targeted Mover: Glu Mobile Inc.'s (GLUU)

    The company presently has an average rating of "Hold" and an average price target of $2.71. There is no concrete way to calculate a price target. Canaccord Genuity reaffirmed a "hold" rating and issued a $3.00 target price on shares of Glu Mobile in a research note on Friday, February 10th.

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  • Examples of the avocados Morrisons is selling

    Examples of the avocados Morrisons is selling

    From the beginning of next week until the end of summer, Morrisons will sell "ugly" avocados at cut-price, alongside other "wonky" vegetables such as asparagus, carrots and potatoes. "Avocados have become one of Britain's most expensive salad items", said James Turner, avocado buyer at Morrisons. But our new Wonky line means customers will be able to buy this luxury item for a fraction of the price.

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  • China's first homegrown plane flies into skies

    The jet soon became invisible against the dark skies on a windy and polluted day in Shanghai, which was also in the path of dense sandstorms from the north. The development of a wide-bodied passenger jet is now on Comac's radar. The country is already an adept designer of military aircraft, but has sought to catch up to Boeing in the USA and Airbus in Europe in manufacturing civilian airliners.

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  • Most Active Runner As Share Volume Pops for Symantec Corporation (NASDAQ:SYMC)

    During the same quarter in the previous year, the business earned $0.22 EPS. Dodge & Cox bought a new position in shares of Symantec during the fourth quarter valued at about $180,155,000. Equities analysts predict that Symantec will post $1.78 earnings per share for the current year. Investors of record on Wednesday, June 7th will be paid a $0.075 dividend.

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  • Already At His Peak, LeBron James Keeps Climbing

    As it happened, that was the second alcohol-related moment in this series for James, who apparently feels about as threatened by the Raptors as a bouncer does by a cocktail fork. James and those bench players (though in this case, Thompson playing instead of Channing Frye ) were highly effective in the last series against the Indiana Pacers.

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  • Original Disneyland concept art shows park origins, growth

    Original Disneyland concept art shows park origins, growth

    The map has never been offered at an auction or viewed by the public in more than 60 years. Auctioneers expect the map to sell for as much as a million dollars when it goes on the block next month in Los Angeles. This is the map that Walt Disney had artist Herb Ryman draw up to show investors. It was sitting in a corner of Walt Disney's office - it is affixed to a type of folding poster board - and Curran asked if he could take it home as a memento; his boss said sure.

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  • Volkswagen diesel probe expanded to include CEO Matthias Mueller

    Volkswagen diesel probe expanded to include CEO Matthias Mueller

    Matthias Mueller was chairman of Volkswagen's sports-cars unit Porsche AG and remains on the management board of Porsche SE, a holding company which controls the Porsche family's shares in Volkswagen. In total, VW has agreed to spend up to $25 billion (23 billion euros) in the U.S. to address claims from owners, environmental regulators, states and dealers and offered to buy back about 500,000 affected cars in the United States.

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  • Sydney battler wins $50 million Powerball jackpot

    Sydney battler wins $50 million Powerball jackpot

    He's been without a job since the end of a year ago, explaining he and his wife had been trying to work out what the struggling family should do next. Should I call my mum? The Sydneysider is the first NSW Powerball lottery victor so far this year. 'No! No! No! Don't tell me that! "What do I do?" An Australian man's life has been changed forever after he won more than $50 million (NZ$54 million) in the lottery.

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  • China's Xi pledges to support Paris climate agreement

    White House advisers on Monday postponed another meeting about the United States' participation in the Paris climate change agreement. Spicer on Tuesday declined to detail the deliberations, what strategies Trump might be considering or whether there's any conclusion to be drawn from the delay and the postponed meeting top Trump officials had planned to have Tuesday.

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  • US jobless claims fall; continuing claims lowest since 1988

    US jobless claims fall; continuing claims lowest since 1988

    Department of Labor said. The decline in jobless-benefit rolls dovetails with a drop in the unemployment rate, signaling the labor market continues to strengthen. Thursday's claims report also showed the number of people still receiving benefits after an initial week of aid tumbled 61,000 to 1.92 million in the week ended April 29, the lowest level since November 1988.

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  • Banks planning to move 9000 jobs from Britain because of Brexit

    Europlace had already held about 100 meetings with large worldwide banks as well as asset management, investment, insurance and fintech companies in London, New York, Shanghai and Tokyo, it said in March. Maybe they would have to force more supervision". He added French regulators were offering fast-track solutions to banks and asset management firms seeking the required licenses and that Macron has pledged to implement labor law reforms within his first 100 days in office.

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  • Oil prices rise on drop in US inventories

    Oil prices rise on drop in US inventories

    US light crude oil, on the other hand, ended up $1.45 higher at $47.33 a barrel. U.S. crude stockpiles posted their biggest weekly drawdown since December as imports dropped sharply, the U.S. Due to the higher supply expected from outside producers, OPEC trimmed forecast demand for its crude in 2017 to 31.92 million bpd, down 300,000 bpd from the previous forecast and not far from current production.

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  • Crocs, Inc. (CROX) Shares Gap Up After Strong Earnings

    They now have a Dollars 13 price target on the stock. The shares have slowed down in recent weeks, with their price down about -12.63% in the past three months. Simple moving average analysis helps investors to quickly identify if a security is in an uptrend or downtrend. Stifel Nicolaus downgraded the stock to "Hold" rating in Wednesday, April 27 report.

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  • Bolivia reafirma su vocación pacifista ante cuestionamientos de Chile

    Bolivia reafirma su vocación pacifista ante cuestionamientos de Chile

    Asimismo, dijo que no hay control del contrabando que llega desde Chile a Bolivia por parte de las autoridades de ese país . " Se tomarán medidas de tipo logístico como bloquear o dinamitar los (112) pasos (ilegales en la frontera) e incrementar los patrullajes y la vigilancia en esta zona con equipos especializados a la cabeza de la Aduana (Nacional de Bolivia)", concluyó.

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  • US retail sales rebounded in April after sluggish winter

    US retail sales rebounded in April after sluggish winter

    Purchases at auto dealers and service stations increased 0.7 per cent; industry data showed sales of cars and light trucks rose in April to a 16.8 million pace after March's 16.5 million rate was the slowest in more than two years. The figures were not adjusted for inflation, but annual sales growth comfortably exceeded year-over-year growth in consumer prices. Hiring has been steady and the unemployment rate fell to a ten-year low of 4.4 percent in April.

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