Markets

America's biggest banks pass post-crisis stress tests

America's biggest banks pass post-crisis stress tests The results of the stress tests showed that these banks' tier one capital ratio, an important indicator for banks' capital levels, will drop to a minimum level of 9.2 percent in the most severe scenario, well above the minimum requirement set by regulators. [Full Article...]

Brexit talks to begin amid post-election fallout in Britain

Brexit talks to begin amid post-election fallout in Britain In the first step, the two sides will deal with "the most pressing issues" in order to "lift the uncertainty caused by Brexit ", including "citizen rights , the single financial settlement, and other separation issues". "To do this in the context of our wider objectives will be challenging", he said. "It will nearly certainly need an implementation period, outside the customs union itself bu... [Full Article...]

Authorities: Teen slain after leaving mosque, man arrested

Torres - already enraged by the argument - caught up with the group at a nearby parking lot, got out of his auto and then began chasing them while armed with a baseball bat, police said. Hassanen's body was found later in a pond. The attack happened early on Sunday after the victim and several friends walking outside the mosque got into a dispute with a motorist in the community of Sterling, t... [Full Article...]

McCain: Americans 'stupid' to travel to North Korea

McCain: Americans 'stupid' to travel to North Korea But U.S. doctors who examined him said he suffered severe neurological trauma and showed no signs of botulism . He died Monday as a result of his condition. When Otto returned to Cincinnati late on June 13th he was unable to speak, unable to see and unable to react to verbal commands. What doctors at the University of Cincinnati hospital did find was extensive brain damage that looked like ... [Full Article...]

Trump confirms he's under investigation, fires angry tweets

On Wednesday, The Washington Post reported that Trump was under investigation for obstruction of justice, citing unnamed officials. Rosenstein's statement also came hours before an ABC report that claimed the deputy attorney general had said he might need to recuse himself from Mueller's probe. [Full Article...]

Amazon To Buy Upmarket Grocer Whole Foods For US$13.7b

Amazon To Buy Upmarket Grocer Whole Foods For US$13.7b In the US "this adds 440 refrigerated warehouses within 10 miles of probably 80% of the population", said Michael Pachter, an analyst for Wedbush Securities. Analysts say the Whole Foods footprint and distribution channel could theoretically make 5-minute deliveries a reality. The post Amazon-Whole Foods Marriage Could Disrupt Grocery Business (NASDAQ: AMZN ) appeared first on Market Exclusi... [Full Article...]

Court filing: Marsh seeks OK to sell 26 grocery stores

Court filing: Marsh seeks OK to sell 26 grocery stores Kroger and Fresh Encounters have said in court documents that it would proceed with the acquisition only if the restriction is removed. The other bidder is a corporation called Generative Growth II, which owns Fresh Encounter . Michigan Street) and Fishers. Marsh is selling off the stores after closing 19 locations in May and filing to reorganize under the protection of bankruptcy. [Full Article...]

US Inflation Demurs as Fed Hike Expected

Unemployment dropped by 50,000 to 1.53 million in the quarter, a 42-year low unemployment rate of 4.6%. Fed futures markets on Wednesday showed the chances of another increase before the end of the year, which had been seen as highly likely in September or December, had fallen below 50 percent. [Full Article...]

Oil futures nosedive on U.S. inventory data, IEA warning

OPEC production rose more than 336,000 bpd in May from a month earlier to 32.14 MMbpd, according to a monthly report from the group on Tuesday. Inventories rose by 2.75 million barrels in the week to June 9 to 511.4 million, according to the American Petroleum Institute report, compared with expectations for a decrease of 2.7 million barrels. [Full Article...]

Kane equaliser a "huge moment" for young England team - Southgate

That's what we've got to show. "I thought he was extremely composed with the ball at his feet and his focus through the week, he's been one of the outstanding leaders in the group", said Southgate, whose side remain top of UEFA qualifying Group F. [Full Article...]

Ruth Davidson urges Theresa May to pursue 'open Brexit'

Ruth Davidson urges Theresa May to pursue 'open Brexit' The reports were seen as a sign that the party's Scottish leader was seeking to assert the influence of her MPs. Ms Davidson was elected as leader of the Scottish Conservatives in 2011 after opposing a similar plan put forward by rival Murdo Fraser, now the party's finance spokesman. [Full Article...]

Restaurant Group PLC (RTN) Upgraded to "Overweight" by JPMorgan Chase & Co

Restaurant Group PLC (RTN) Upgraded to The legal version of this report can be read at https://www.themarketsdaily.com/2017/05/26/future-plc-futr-earns-buy-rating-from-numis-securities-ltd.html. Therefore 50% are positive. Future plc has a 12-month low of GBX 114.00 and a 12-month high of GBX 257.31. GBX 1003.14's average target is 4.01% above currents GBX 964.47 stock price. [Full Article...]

Girls outshine boys in class XII Gujarat Board exam

Girls outshine boys in class XII Gujarat Board exam Key in your roll number and click on submit. What to boast about more when the Gujarat Board of Class 10th of 2017 permits more than 100 prisoners to refine and redefine their lives by making them appear for the most sought after examination of Class 10th via GSEB this year. [Full Article...]

Owner says Three Mile Island plant to shut down in 2019

Owner says Three Mile Island plant to shut down in 2019 Cheap natural gas could do what the worst commercial nuclear power accident in US history could not: put Three Mile Island out of business. It has not said how much it wants. Regardless, the accident had a powerful effect, undermining support for nuclear power. And its future seems to hang on whether or not Pennsylvania lawmakers enact policies favorable to the nuclear industry, something of... [Full Article...]

Qatar says state news website hacked, fake article published

The emir was quoted as saying that there was "no wisdom in harbouring hostility toward Iran" and that it was a "big power in the stabilisation of the region". defence secretary, Robert Gates, said he did not know of any instance in which Qatar aggressively "went after the terrorist financing of Hamas, Taliban and al-Qaida". [Full Article...]

France to back Greek debt relief at finance ministers talks

France to back Greek debt relief at finance ministers talks Meanwhile, Athens and the creditors are near to closing the second review of the bailout after the Greek parliament approved this week - amid widespread protests in the country - the reform package agreed in April, which includes pension cuts and tax hikes equivalent to 2 per cent of the Greek GDP. [Full Article...]

Barracks Road AT&T Employees Go on Strike

He said the contracts at issue Friday cover a small portion of the company's 265,000-person workforce. The wireline and DirecTV workers have been without a new contract for over a year and held a one-day strike in March. It's about time we stand up to receive better and affordable healthcare, a fair scheduling policy and overall wage increase. Their walkout started early Friday afternoon, and ... [Full Article...]

S&P, Dow set for worst day in eight months on Trump turmoil

S&P, Dow set for worst day in eight months on Trump turmoil Though the White House has denied the allegation, there's mounting unease in markets over the developments in the USA government. The U.S. stock market early Wednesday was on pace to log its worst daily decline in months, as concerns about President Donald Trump's Federal Bureau of Investigation controversy weighed on investor sentiment. [Full Article...]

BHP Billiton in progress of ambitious plan to grow 50% value

BHP Billiton in progress of ambitious plan to grow 50% value Elliott's revised proposal follows weeks of canvassing BHP shareholders for their views. Citigroup analysts say activism among shareholders could ultimately result in the breakup of BHP or a significant change in its structure, according to a May 14 report. [Full Article...]

Cisco Systems, Inc. Shares Plunge As Forecast Disappoints

Cisco Systems, Inc. Shares Plunge As Forecast Disappoints The fund owned 43,410 shares of the network equipment provider's stock after buying an additional 1,116 shares during the period. Pacific Crest reiterated an "overweight" rating and set a $33.00 price objective on shares of Cisco Systems in a report on Thursday, December 29th. [Full Article...]


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