Saturday, 20 April 2019
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Amazon's Pharmacy Deal Threatens Retail Drugstores


The company, which has its primary pharmacy in Manchester, New Hampshire, ships to all states except Hawaii. The firm says it is 'designed to provide the best possible customer experience in the USA for people who take multiple daily prescriptions'. Read More »

Thousands of tourists stranded as Bali volcano eruption closes airport


The budget airline said in a statement that the Ngurah Rai International Airport was closed today, from 3am to 7pm. Meanwhile, a check yesterday evening with Changi Airport's website found that AirAsia Flight QZ508, which was scheduled to land in Singapore at 8.20pm from Denpasar airport, had been cancelled. Read More »

Harley to shift some production overseas, Walker pushes for ending all tariffs


Trump praised Harley-Davidson as an "American icon, one of the greats" and expressed confidence the company would expand USA manufacturing under his administration. Harley said ramping-up production at its overseas global plants will require incremental investments and could take at least nine to 18 months. Passing along that cost to consumers would have " an immediate and lasting detrimental impact " to Harley-Davidson's sales in Europe. Read More »

Iran rejects plan to raise oil output within OPEC


Benchmark Brent crude LCOc1 was unchanged at $75.08 a barrel by 1037 GMT. Zanganeh cited recent demands for a production increase from U.S. President Donald Trump as a reason to oppose it. Iran believes that OPEC is not a political body and so any politicizing of oil market and political use of oil against oil producers and consumers should be rejected, he highlighted. Read More »

Global shares rise, oil prices jump on OPEC news


The green light was widely expected after energy ministers from the 14-member Organization of Petroleum Exporting Countries already agreed on Friday to raise output by one million barrels a day from July. The group said compliance reached 152 percent in May 2018, which means OPEC was cutting about 600,000 bpd more than it intended. Worldwide marker, Brent, traded above US$100 a barrel for several years until 2014, dropping to nearly US$26 in 2016 and then recovering to over US$80 last month. Read More »

US Stocks Open Higher on Bargain Hunting


In addition to the second set of tariffs, the USA president also threatened to hit China with a third wave of measures - an additional 10% on another $200 billion worth of Chinese goods - if China rolled out its own tariffs. Trump has raised trade tensions on other fronts as well. The US leader warned Friday of "additional tariffs" should Beijing hit back with tit-for-tat measures. Read More »

Merkel: EU should be more independent of IMF


Macron wants to turn Europe's existing bailout fund into a European Monetary Fund (EMF), to act as a buffer in any future financial crises in the bloc, which was almost torn apart in a debt crisis in 2009. German Chancellor Angela Merkel met European Central Bank President Mario Draghi on Monday for an exchange of views, Merkel's spokesman said, as part of her regular informal meetings with leaders of European institutions. Read More »

China reserves right to retaliate for U.S. investment curbs


The additional tariffs will have an impact on agriculture, but the extent of the fallout will depend on how things play out in trade talks between the two countries this week in Beijing, he said. Chris Van Hollen, a Maryland Democrat. But the talks are running into the complications of Mexican elections in July and the USA midterm elections in November along with a dispute over rules for vehicle production. Read More »

Amazon US Website Blocked In Australia


Australian shoppers using Amazon's global site will be unable to place orders, with the retail giant stopping shipping due to new GST rules. USA internet giant Amazon will block Australian shoppers from its worldwide websites to counter new tax laws on online purchases, it announced Thursday. Read More »

Moon, Trump vow continued effort to ensure successful US-NK summit


He recently withdrew the USA from the worldwide Iran-nuclear deal - without outlining a path forward with his allies. "I think there are questions in both Pyongyang and Washington about how the leaders are connected to their own bureaucracies.Maybe we are seeing evidence of that question even today", said Scott Snyder, the director of the U.S. Read More »

Oil prices race to $80 as US drilling rises


Oil price is now trending towards $80 per barrel following bullish trading that heightened yesterday in the worldwide market which saw the price leap to $78 yesterday, up from $67 April average. OPEC data presented on Monday showed that crude stockpiles from members of the Organization for Economic Co-operation and Development (OECD) was down to 9 million barrels above the 5-year average and lower than the 340 million barrels above the average in January 2017. Read More »

FCC Releases The Day Net Neutrality Will Officially End


Ed Markey , have forced a vote aimed at restoring net neutrality protections removed by the FCC in December . Pai succeeded and overturning the FCC's Open Internet Order in December 2017 , effectively ending net neutrality protection in the United States. Read More »

Meghan Markle won't have a maid of honour for royal wedding


The Palace has released a slew of details this morning related to how the proceedings on the day of the royal wedding will play out. (PA/AAP) Meghan won't have a maid of honour. The three siblings of Princess Diana , who died two decades ago in a auto accident, have been invited. Meghan will meet her father at the church after arriving by auto with her mother. Read More »

Amazon Offers to Buy Stake in Flipkart


The talks with Walmart for what could be its largest acquisition to date are still ongoing, and a deal is expected to be clinched soon, two people told Reuters on Wednesday. The Flipkart deal would also propel the Bentonville, Arkansas-based retail behemoth to hasten its online expansion into remaining Asian markets, the sources added. Read More »

Brokerages Anticipate Shell Midstream Partners (SHLX) to Announce $0.19 EPS

On Friday , November 17 the company was maintained by Barclays Capital. The company's market cap is $1.95 Billion, and the average volume is $625.87 Million. Zacks Investment Research downgraded Summit Midstream from a "hold" rating to a "strong sell" rating in a research note on Wednesday, March 21st. The company was maintained on Tuesday, January 16 by RBC Capital Markets. Read More »

MSNBC anchors defend Tom Brokaw against sexual harassment accusations


Vester was 28 years old, about 30 years younger than Mr. Brokaw . The letter was first reported in the Hollywood Reporter and confirmed by The Associated Press. He also described helping Ms. Vester secure a job at Fox News by recommending her to the network's then-chairman, Roger E. Ailes. In a statement to The Post , Vester's lawyer said that "my client stands by the allegations which speak for themselves". Read More »

EnLink Midstream Partners (NYSE:ENLK) Lifted to "Overweight" at JPMorgan Chase

Messner & Smith Theme Value Investment Management Ltd who had been investing in General Elec Co for a number of months, seems to be bullish on the $128.26 billion market cap company. In other Enable Midstream Partners news, insider Thomas L. Levescy sold 4,500 shares of the stock in a transaction on Friday, March 17th. The rating was maintained by SunTrust on Monday, March 5 with "Hold". Read More »

Google Parent Alphabet Posts 73% Jump In Profit


Wealthcare Advisory Partners LLC bought a new position in shares of Alphabet in the 3rd quarter worth $137,000. Google shares ended the U.S. trading session 0.33% lower at €1,073.81. " Alphabet reported a decent 1Q18, but worse-than-expected margin compression and capex levels have negative read-throughs for our model". Analysts at Goldman Sachs estimate this bill could cut the ad revenue for Google by up to 2%. Read More »

Retail Rivals Best Buy and Amazon Team To Sell TVs


Amazon has partnered with retail giant Best Buy in a multi-year partnership to bring new Fire TV Edition Smart TVs to the United States and Canada. The standard streaming options will be available out of the box, and owners will be able to connect a TV antenna as well if they just want to watch the broadcast channels. Read More »

ZTE: US Ban Severely Impacts Survival and Hurts American Businesses


ZTE is crying foul and saying that the DOC is being unfair in its action and activated the ban without gathering facts. "The most urgent priority is to ease the disastrous impact on ZTE caused by US sanctions through efforts from multiple sides", the CCPIT said, noting that it would be "unrealistic" to ask the United States to remove the order. Read More »

Allergan Says It In Early Stages Of Considering Possible Offer For Shire


Allergan , also based in the Irish capital, said its interest was in the "early stages". Earlier today, Japan's Takeda Pharmaceutical Co. The firm has said it could become acquisitive and is looking at strategic options. In addition to making medications like Adderall and Vyvanse, Shire focuses on rare diseases like the blood disorder hemophilia. "Irrespective of the outcome of discussions between the two parties", Takeda added, "Takeda remains well-positioned to continue its ... Read More »

Peel Hunt Reiterates Buy Rating for Ei Group (EIG)

Its down 24.1% from 19,500 shares previously. Banerji Shumeet also sold $767,249 worth of HP Inc. Focused Wealth Mgmt has 0% invested in HP Inc. It closed at $14.73 lastly. Therefore 20% are positive. Deutsche Bank reissued a "hold" rating and issued a GBX 42 ($0.60) price target on shares of Debenhams in a report on Tuesday, December 19th. Read More »

WoodTrust Financial Corp Acquires Shares of 47409 Microsoft Co. (MSFT)


Lenox Wealth Management Inc who had been investing in Microsoft Corp for a number of months, seems to be less bullish one the $735.52B market cap company. Shares for $3.11 million were sold by Henderson Robert S on Tuesday, March 27. Gulf Int Savings Bank (Uk) Limited holds 2.32 million shares. Barclays Capital maintained Microsoft Corporation (NASDAQ: MSFT ) on Thursday, January 25 with "Overweight" rating. Read More »

This is how Facebook tracks non-users over the web


There are more " hard questions " ahead, given that Zuckerberg's answers weren't exhaustive. "My directives to my line agencies is to provide me with a brief covering both the advantages and disadvantages of use of Facebook , the vulnerabilities that includes not just the protection of personal data, but wider social issues like security and safety of users, the time-consumption and productivity of users - especially school-age children and employees, and of course the wider issue of ... Read More »

Acacia, Lumentum Fall As ZTE Ban Hits Optical Component Makers


Aside from illicit distribution of American resources, the also accusing ZTE of lying to officials, "and obstructing justice including through preventing disclosure to and affirmatively misleading the U.S. The letter also warned that because ZTE is owned by the Chinese state, meaning it could be at risk from new laws that allow China to influence any companies and individuals that have "wide-ranging powers of compulsion". Read More »

Glaxosmithkline Plc (GSK) Valuation Rose While Sio Capital Management LLC Boosted Position

This is a boost from GlaxoSmithKline's previous quarterly dividend of $0.50. Glg Llc who had been investing in Comerica Inc for a number of months, seems to be less bullish one the $16.59B market cap company. Oakbrook Invests Ltd has 0.03% invested in Brown & Brown, Inc. (NYSE:HBI). Stratos Wealth Ltd invested in 2,595 shares. (NYSE:GNW). 15,000 are owned by Fort Washington Investment Advsrs Oh. Read More »

Bitcoin Planet (BTPL) raised 8.92% in less than 24 hours


Previously, when the bitcoin price surged to US$7,500, traders were anticipating it to break the US$7,800 support level. Ripple (XRP) traded up 14.4% against the dollar and now trades at $0.57 or 0.00007394 BTC. The Reddit community for Kittehcoin is /r/KittehCoin and the currency's Github account can be viewed here. Bitcoin Plus' official Twitter account is @bitcoinplusorg and its Facebook page is accessible here. Read More »