• Hedge funds slash United States crude longs as OPEC dithers on cuts
Hedge funds slash United States crude longs as OPEC dithers on cuts

On Thursday, Reuters reported (http://uk.reuters.com/article/uk-oil-opec-gulf-idUKKCN12R1PO) that energy ministers from Persian Gulf members of OPEC, including Saudi Arabia, told Russian Federation that they are willing to cut 4% from their peak oil output.

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  • Aung San Suu Kyi Declines to Lay Blame for Violence in Myanmar
Aung San Suu Kyi Declines to Lay Blame for Violence in Myanmar

The global media has reported of alleged systematic rape and killing of civilians by Myanmar soldiers in Rakhine state following a border post attack by armed men on Oct 9 which left nine Myanmar border guards dead. Since the latest violence, the government had restricted aid workers and media from the conflict areas of the northwestern state. ...

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  • Sterling jumps as government loses Brexit ruling
Sterling jumps as government loses Brexit ruling

The pound rose for a fifth day before a court rules on whether Prime Minister Theresa May can trigger the U.K.'s exit from the European Union without a vote in parliament. Against the euro the pound was up a more modest half a cent on Friday to €1.127. Analyst at TD Securities say their base-case scenario is for a 20bps cut to Bank Rate, leav...

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  • DHS 'concerned' about cyber-related election confusion
DHS 'concerned' about cyber-related election confusion

There are even suspicions that the massive disruption of internet service that occurred on October 21 could have been a test run for a much larger operation on Election Day. "States ensure that voting machines are not connected to the Internet, and there are numerous checks and balances as well as extensive oversight at multiple levels built into o...

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  • EPS for Allergan plc Ordinary Shares (AGN) Expected to Rise
EPS for Allergan plc Ordinary Shares (AGN) Expected to Rise

As a means of comparison, a number of other analysts have spoken on the company in recent days, and the company has secured a consensus one-year price target of $297.82, above the opening price of $214.43. The average analyst estimate was $3.56, according to Thomson Reuters. The company also recently announced a quarterly dividend, which will be ...

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  • Broker Roundup For Discovery Communications, Inc. (NASDAQ:DISCK)
Broker Roundup For Discovery Communications, Inc. (NASDAQ:DISCK)

Five investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and five have assigned a buy rating to the stock. DISCA has been the subject of several other research reports. For trailing twelve months, EPS value for the stock is $-0.60. The company has volume of 1.6 Million shares.

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  • Welch Capital Partnersny Lowers stake in Zimmer Biomet Holdings Inc (ZBH)
Welch Capital Partnersny Lowers stake in Zimmer Biomet Holdings Inc (ZBH)

As stated above, it has an EPS growth projection for the next five years of 11.17%. The heightened volatility saw the trading volume jump to 23,12,613 shares. The stock's price moved down its 200-day moving average of $123.48. With a total market value of $0, Zimmer Biomet Holdings Inc has price-earnings ratio of 95.92 with a one year low of $8...

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  • US Authorities Examine Cyber Attack on DNS Provider Dyn
US Authorities Examine Cyber Attack on DNS Provider Dyn

A Mirai botnet was behind a massive Internet outage that took down Twitter , Spotify , Reddit, The New York Times , Pinterest, PayPal and other major websites, according to security firm Flashpoint . Just this morning, Hangzhou Xiongmai said that it would recall the devices utilized in the attack and send out security patches. With all ...

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  • Fed is widely expected to leave key interest rate unchanged
Fed is widely expected to leave key interest rate unchanged

Fed officials instead set the stage for an interest rate hike in December as the economy gathers momentum and inflation picks up. "The Bank of Japan has been explicit - they're waiting for the Fed to do the job for them", said Michael Ingram, a market analyst with BGC Partners in London.

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  • Monmouth Real Estate Investment Corporation Launches New Corporate Website
Monmouth Real Estate Investment Corporation Launches New Corporate Website

Wheeler Real Estate Investment Trust, Inc. had its "buy" rating reiterated by analysts at Compass Point. The stock of Investors Real Estate Trust (NYSE:IRET) earned "Buy" rating by Wunderlich on Tuesday, September 1. This was $0.02 away from what the analysts had expected, or a 4.88% surprise factor. 05/14/2014 - Washington Real Estate Investme...

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  • Fed leaves key rate unchanged but hints at upcoming hike
Fed leaves key rate unchanged but hints at upcoming hike

The housing market, whose meltdown triggered the 2008 financial crisis and the recession, has largely recovered. Still, when the central bank ends this week's policy meeting, most Fed watchers expect the message to be a continuation of the wait-and-see stance it's taken for almost a year.

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  • Moody's warns of UK credit rating downgrade
Moody's warns of UK credit rating downgrade

Drugmakers now use the European Medicines Agency as a one-stop-shop to get drugs licensed across Europe, but Britain is likely to drop out of that system if it severs EU ties and leaves the single market in a scenario dubbed "hard Brexit".

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  • Zacks Assigns Rating Of 1.67 To Sirius XM Holdings Inc. (NASDAQ:SIRI)
Zacks Assigns Rating Of 1.67 To Sirius XM Holdings Inc. (NASDAQ:SIRI)

On 7th Day after earnings release, Sirius XM Holdings Inc . Telsey Advisory Group initiated coverage on Sirius XM Holdings in a report on Tuesday, July 12th. -Revenue Change (Y-o-Y): 9.4%. Using data provided from various analysts, shares of Sirius XM Holdings Inc . Stockholders of record on Wednesday, November 9th will be given a dividend of $0....

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  • Health law consumers face least choice in program's history
Health law consumers face least choice in program's history

The Affordable Care Act has reduced the rate of uninsured people in the United States . "Whether this is a one-time market correction or a sign of more problems ahead will depend in large part on how consumers react to the changes". Clinton's plan doesn't address some of insurers' main concerns: The cost of insuring patients with chronic ill...

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  • USA election 2016: Trump running mate Mike Pence's plane skids off runway
USA election 2016: Trump running mate Mike Pence's plane skids off runway

The FAA says the plane was stopped by safety technology that's created to stop planes that overshoot runways. The Indiana governor and other passengers were being evacuated through the back of the plane. Donald Trump 's running mate, Indiana Gov. Pence spokesman Marc Lotter said Pence spoke with Trump shortly after the landing. Pence planned...

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  • Oil worries make markets nervous, Sensex gives up 216 pts
Oil worries make markets nervous, Sensex gives up 216 pts

Indian Hotels and Tata Tele were down by up to 9.72 per cent. The Cabinet had on September 21 in-principle chose to end the colonial-era tradition of presenting the Union Budget on the last day of February and advance it by about a month to help complete the legislative approval for annual spending plans and tax proposals before beginning of the ...

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  • Deutsche Bank posts unexpected third-quarter pre-tax profit
Deutsche Bank posts unexpected third-quarter pre-tax profit

The small profit is a big turnaround from the € 6bn loss it record in the same period a year ago. The bank is in the midst of a wrenching restructuring, shedding jobs, cutting costs and withdrawing from some countries. As of September 30, the lender had a total of EUR5.9 billion in litigation reserves to cover a wide range of anticipated legal e...

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  • Man who allegedly stole, crashed patrol auto in the Bronx arrested
Man who allegedly stole, crashed patrol auto in the Bronx arrested

The man who took a stolen cop auto on a joyride over the weekend, only to plow it into a row of parked cars, was arrested on Tuesday. According to police, the driver then entered a Black Lincoln Town vehicle and fled the location going westbound on Fordham Road.

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  • $4 a month? - Social Security recipients to get tiny increase
$4 a month? - Social Security recipients to get tiny increase

The maximum benefit today for someone retiring at full retirement age is $2,639 a month. It was a reference to the reports that Trump once wrote off a loss so large that he may not have paid taxes for as much as 18 years. Unfortunately for some seniors, even the small increase will probably be wiped out by an expected increase in Medicare Part ...

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  • Airbnb sues New York City
Airbnb sues New York City

NY state has enacted one of the nation's toughest restrictions on short-term rentals offered on online sites like Airbnb. Governor Cuomo today signed legislation that makes it illegal within the five boroughs to advertise entire apartments on home "sharing" websites like Airbnb for fewer than 30 days.

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  • M&M's gets a trendy new filling: Caramel
M&M's gets a trendy new filling: Caramel

Hank Izzo, vice president of research and development of parent company Mars Chocolate, tellsCNN, "It was a big technological challenge for us [.] we had to figure out how to not make the chocolate too sticky or too soft that it could collapse".

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  • Crown shares plunge after China detains high-roller chief
Crown shares plunge after China detains high-roller chief

The Australian Financial Review said the 18 executives were detained in a series of raids across four Chinese cities on Thursday night and Friday morning. Hong Kong and Macau, considered "special administrative regions", do allow some forms of gambling and the major casino groups have operations in those cities.

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  • Crown Resorts employees arrested in China
Crown Resorts employees arrested in China

Crown said on Monday that it has not been given any details about why its employees have been detained in China. A BBC report said it still remains unknown on whether any charges had been laid. Melbourne-based Crown holds a 27 per cent stake in Melco Crown Entertainment Ltd based in the Chinese territory of Macau. "The Korean casino companies...

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  • Was sharing Donald Trump's tax returns worth jail time?
Was sharing Donald Trump's tax returns worth jail time?

Kellyanne Conway said on "CBS This Morning" that Trump - who has refused to release his tax returns - had paid excise, payroll, real-estate, property and state and local taxes. BASH: Can you just put this to rest? And yet billionaires like Donald Trump are able to manipulate the tax system so that they avoid paying federal income tax.

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  • Noticeable Buzzer: Emerson Electric Company (NYSE:EMR)
Noticeable Buzzer: Emerson Electric Company (NYSE:EMR)

Michael G. Morris is one of the largest insider shareholders in American Electric Power Company Inc (NYSE:AEP), according to U.S. Securities and Exchange Commission (SEC) filings. The stock's market capitalization is 29.17B. About 5.29 million shares traded hands. General Electric's payout ratio is 77.97%. American Electric Power Company Inc...

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  • EU chief promises tough talks on UK departure
EU chief promises tough talks on UK departure

Britain faces the choice of either a hard Brexit or no Brexit, European Council President Donald Tusk has said. He said there could be " no compromises " on the key European Union principle that benefits such as access to the single market must come with the free movement of people.

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  • TCS' Q2FY17 beats estimates; reports 4% rise in net profit
TCS' Q2FY17 beats estimates; reports 4% rise in net profit

Commenting on Q2 performance, N Chandrasekaran, CEO and MD, TCS, said, "It has been an "unusual Q2" for TCS". Infosys continues to win large contracts and said that it has a healthy pipeline of contracts. The operating profit for the quarter was Rs 7,617 crore and operating margin 26 per cent, added the filing. The Mumbai-based company counts Bank ...

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  • Gable Tostee balcony death trial begins
Gable Tostee balcony death trial begins

From now through October 16, choose from incredible subscription offers.... He also said that the 30-year-old choked and restrained the New Zealand tourist before locking her out of his apartment on the balcony. Gabriele Collyer-Wiedner, a retiree who lived in the apartment below Tostee's, claims she was woken be the sound of banging furniture ...

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  • Now You Can Swap Your Galaxy Note 7 At AT&T, Sprint,…
Now You Can Swap Your Galaxy Note 7 At AT&T, Sprint,…

Bloomberg said AT&T may decide as soon as tonight (Friday) on whether or not to stop selling the Galaxy Note 7. In addition, if AT&T would pull the plug on Galaxy Note 7 sales, other carriers in the United States could choose to do the same, which would effectively cancel the smartphone's release in the country.

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  • Green Day adds another Detroit show
Green Day adds another Detroit show

And the soon-to-be anthem is the most straightforward of the new Green Day songs in its discussion of the band's recent struggles, including Armstrong's stint in rehab after an onstage meltdown in 2012. Wednesday. For more info on the presale, visit www.gdidiotnation.com. General public tickets will go on sale October 14. If " Revolution Radi...

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  • Qatar Airways orders 100 Boeing planes for up to USD 18.6 bn
Qatar Airways orders 100 Boeing planes for up to USD 18.6 bn

The orders announced on Friday are worth $11.7 billion at list prices, with an additional list value of $6.9 billion if all of the 737 MAX jets are purchased. " Boeing has proven to be a valuable partner, and today's announcement is testament to our appreciation of the quality of their product and their dedication to providing world class customer...

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  • Renminbi
Renminbi "quite a ways" from reserve currency status: Lew

The government has also taken pains to keep the yuan stable in currency markets after an effective devaluation previous year sent shock waves through the financial markets. China is still in the early stages of liberalizing markets, and tight restrictions on transactions involving the yuan hold back the currency from accounting for a signif...

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  • Bass Pro Shops to acquire Cabela's, a rival outdoor retailer
Bass Pro Shops to acquire Cabela's, a rival outdoor retailer

Privately held Bass Pro Shops will pay $65.50 per share in cash for Cabela's , representing a premium of 19.2% over Friday's closing price. Cabela's has struggled with declining sales and was urged by one of its activist stakeholders (hedge fund Elliott Management) to explore a possible sale last December.

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  • IL treasurer: State will suspend Wells Fargo business
IL treasurer: State will suspend Wells Fargo business

A Manchester Township woman has filed suit against Wells Fargo , claiming she was sacked for missing sales goals that were so unreasonable that other employees cheated customers to save their jobs, according to a report. Around 10,000 small business accounts were affected by improper Wells practices, people familiar with the matter said. Wells ...

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  • Israeli leaders lay wreaths on Peres' casket
Israeli leaders lay wreaths on Peres' casket

Bahrain's Foreign Minister Khalid bin Ahmed Al Khalifa paid his respects to former President Shimon Peres who passed away Wednsday morning aged 93 after suffering a major stroke. Mr Obama said: "A light has gone out, but the hope he gave us will burn forever". Over his seven-decade political career, he transformed from a hawk to a Nobel Prize-winni...

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