• Barclays and ex-managers accused of crisis-era fraud
Barclays and ex-managers accused of crisis-era fraud

But the criminal charges, the first to be levied on a bank anywhere in the world for its conduct during the crisis, could lead to fines. The defendants will appear before Westminster Magistrates' Court on July 3, 2017. United Kingdom watchdog the Financial Conduct Authority (FCA) already fined Barclays 50 million pounds (57 million euros, $63.5 m...

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  • United States raises rates, but will we see a third hike in 2017?
United States raises rates, but will we see a third hike in 2017?

The shekel continues strengthening against the dollar and against the euro today despite last night's decision by the US Federal Reserve to raise interest rates. Kashkari is president of the Fed bank of Minneapolis. "It signals investors think there's some credibility of the Fed doing another hike this year and possibly one, two or maybe more in ...

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  • Equiniti Group (LON:EQN)
Equiniti Group (LON:EQN)

Colonial Trust Advsr holds 0.13% or 1,051 shares in its portfolio. Catalyst Cap Advsrs Ltd Co reported 0.35% in Genuine Parts Company (NYSE:GPC). 127.96 million shares or 1.27% less from 129.61 million shares in 2016Q3 were reported. Liberum Capital upgraded Card Factory PLC (LON:CARD) on Wednesday, April 19 to "Buy" rating. Equity research analy...

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  • US Stock-Index Futures Hold Steady, Clinging to S&P 500 Record
US Stock-Index Futures Hold Steady, Clinging to S&P 500 Record

The Nasdaq Composite . IXIC was up 58.87 points, or 0.96 percent, at 6,210.63. "Investors were temporarily chased from the space but many companies in the sector offer growth which is hard to find in the market as a whole." Apple ( AAPL .O) rose 3.8 percent to $146.07, providing the biggest boost to technology followed by Microsoft ( MSFT .O)...

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  • Target Corporation (TGT) Saw a 52-Week High
Target Corporation (TGT) Saw a 52-Week High

Want to see what other hedge funds are holding TGT? FNY Partners Fund LP purchased a new stake in Target Corporation during the first quarter valued at about $275,000. For TGT, the company now has $1.55 Billion of cash on the books, which is offset by $1.72 Billion current liabilities. The legal version of this report can be accessed at https://ww...

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  • Oil slides, hits six-month low on rising global production
Oil slides, hits six-month low on rising global production

LONDON, June 16 (Reuters) - Oil prices edged up from 2017 lows on Friday but remained on track for a fourth consecutive week of losses because of excess supplies, despite OPEC-led production cuts. OPEC said Tuesday, that output from the group rose by 336,000 barrels per day in May to 32.14m barrels per day. After agreeing in December to cut pro...

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  • American Midstream Partners, LP (AMID) Given Average Rating of
American Midstream Partners, LP (AMID) Given Average Rating of "Buy" by Brokerages

Wells Fargo upgraded the shares of EQM in report on Monday, January 18 to "Outperform" rating. Finally, ValuEngine downgraded American Midstream Partners, from a "hold" rating to a "sell" rating in a report on Friday, June 2nd. Dominion Midstream Partners Lp (NYSE:DM) was raised too. 2,000 shares were sold by Erickson Andrew , worth $166,560. ...

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  • South Korea to scrap building new nuclear power plants
South Korea to scrap building new nuclear power plants

Nuclear reactors now generate about 20 percent of the country's power . Several of the reactors in the country have current license expiration dates between 2020 and 2030. The conservative administrations of former presidents Lee Myung-bak and Park Geun-hye both pushed for nuclear reactors. Experts say the shutdown of coal power plants cou...

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  • Tropical Storm Cindy threatens Gulf Coast
Tropical Storm Cindy threatens Gulf Coast

Maximum sustained winds have reached 45 miles per hour, but the system is now stationary. But tropical storm watches and warnings had already been issued for portions of the Gulf Coast. Some slight strengthening is expected before the system reaches land, the NHC says . It likely will become Tropical Storm Cindy or a subtropical cyclone in the...

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  • NORC poll: Few favor Trump move to ditch Paris accord
NORC poll: Few favor Trump move to ditch Paris accord

The agreement was negotiated under former President Barack Obama. It is now facing a financial deficit as the U.S. announced its withdrawal from the agreement on cutting global carbon emissions. Under the accord, the United States pledged to cut greenhouse gas emissions 26 to 28 percent below 2005 levels by 2025. Non-fossil fuel energy costs ha...

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  • 'Trumpification': Row between Gulf states & Qatar helps nobody, German FM says
'Trumpification': Row between Gulf states & Qatar helps nobody, German FM says

Late last month, Qatar's state-run news agency released comments attributed to Qatar's Emir Tamim bin Hamad Al Thani in which he described Iran as a force for stability and accused the Saudis of promoting extremism. "If there is Qatar on one side and the rest of the Gulf states on the other, one must be very careful", said Dr. Ali Faik Demir, a...

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  • Pamplona Capital to take Parexel private in $5B cash deal
Pamplona Capital to take Parexel private in $5B cash deal

The company's revenue was up.4% compared to the same quarter past year. It fall, as 51 investors sold PAREXEL International Corporation shares while 100 reduced holdings. Next quarter's EPS is estimated at $0.87 with next year's EPS anticipated to be $3.85. WARNING: "PAREXEL International Corporation ( PRXL ) Receiving Somewhat Favorable News Cov...

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  • Uber CEO could have to take a leave of absence
Uber CEO could have to take a leave of absence

With accusations that Uber ignored complaints of sexual harassment and misbehaviour, the company has become the focal point of a far-reaching report into gender disparity in Silicon Valley . Uber has been leaking pretty consistently since the report approached its conclusion, with a number of stories appearing last week including one about a...

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  • Burger King Just Came Out With a Lucky Charms Milkshake
Burger King Just Came Out With a Lucky Charms Milkshake

General Mills' Lucky Charms was one of our favorite cereals growing up , and it understandably continues to be a guilty pleasure of ours as adults. "The mashup of our velvety vanilla-flavored soft serve and one of America's classic breakfast cereals is something we think our guests are going to love", Burger King North America president Alex ...

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  • Tour agency axes visits to North Korea for U.S. citizens
Tour agency axes visits to North Korea for U.S. citizens

At the time of Warmbier's release, a White House official said Joseph Yun, the US envoy on North Korea, had met with North Korean foreign ministry representatives in Norway the previous month. He said in an interview on "CBS This Morning" broadcast Tuesday that while it's not known for sure what happened, there can be speculation that North Korea...

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  • Shots fired at protest kill 5 farmers in central India
Shots fired at protest kill 5 farmers in central India

He said agricultural land would now be acquired only with the consent of farmers concerned. Farmer protests that began since the beginning of this month took a violent turn on Tuesday after police firing killed six people and wounded two others at Pipaliamandi area in Mandsaur district, about 325 km west of Bhopal , the capital city of Madh...

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  • GOP leaders exclude most lawmakers from secret tax talks
GOP leaders exclude most lawmakers from secret tax talks

Republicans face significant obstacles, but many see a tax overhaul as a political necessity that would deliver on one of their core campaign promises. "We must think differently, so that once again we make things here and export them around the world". Other Republicans, including Senate Finance Chairman Orrin Hatch and Senator Pat Toomey, have ...

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  • Punjab CM announces Rs 50000 loan wavier for SCs
Punjab CM announces Rs 50000 loan wavier for SCs

Making it clear that his government stood by its commitment to waive crop loans to farmers, Singh said his government had also chose to assume outstanding crop loans from institutional sources of all families of farmers who have committed suicide.

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  • Trump takes credit for Qatar's isolation
Trump takes credit for Qatar's isolation

In a later official statement, Trump urged the Gulf to be "united for peace and security in the region". The three Gulf states announced the closure of transport ties with Qatar and gave Qatari visitors and residents two weeks to leave their countries.

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  • US Fed interest rate hikes keep coming
US Fed interest rate hikes keep coming

Meanwhile, yields on benchmark 10-year notes slipped to 2.138% after briefly touching 2.1% earlier in the session. That rate is closely tied to interest rates on mortgages and other kinds of loans. It is a strong sign that the USA central bank believes the economy in the country is solid. Only Neel Kashkari , president of the Minneapolis Fed bank,...

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