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Microsoft cuts 3000 jobs to focus on Azure

Microsoft cuts 3000 jobs to focus on Azure The layoffs are aimed more at improving the structure of Microsoft's sales teams rather than cost savings, according to the report . "Today, we are taking steps to notify some employees that their jobs are under consideration or that their positions will be eliminated", Microsoft said in an emailed statement. [Full Article...]

Should You Buy ENERGY TRANSFER PARTNERS (NYSE:ETP) On Current Analyst Views?

It has a 18.07 P/E ratio. It operates manufacturing facilities in North America, Asia and Europe. Energy Transfer Partners, L.P.is now trading 3.80% above its 20-day and -14.81% versus the 200-day simple moving averages while -4.88% compared with its 50-day simple moving average. [Full Article...]

Applied Optoelectronics, Inc. (AAOI) Broker Views On Wall Street

BLACK RICHARD B also sold $64,370 worth of Applied Optoelectronics Inc (NASDAQ: AAOI ) on Thursday, May 11. In terms of performance, we can pore into the stats for Applied Optoelectronics , Inc. $680,608 worth of Applied Optoelectronics Inc (NASDAQ:AAOI) was sold by Yeh Shu-Hua (Joshua). (NASDAQ:AAOI) to report sales of $109.63 million for the current quarter, according to Zacks. [Full Article...]

Axis Capital to acquire UK-based insurer Novae

Axis Capital to acquire UK-based insurer Novae Taking the actual results of a year ago into account, the combined global specialty insurance and reinsurance entity would have an excess of $6bn in gross written premiums. "AXIS is an ideal partner for Novae's clients and our employees - and I am particularly enthused for our employees who will benefit from having access to the financial strength of a major global carrier and to the enhanced tool... [Full Article...]

USA lifts laptop ban for flights from Dubai, Istanbul

USA lifts laptop ban for flights from Dubai, Istanbul Etihad said its passengers flying to the United States from Abu Dhabi International Airport "clear US Immigration and Customs at the US Preclearance facility in Terminal 3". On Friday, the United States unveiled security measures for flights to the country created to prevent the expansion of the ban to more countries that could cause major logistical problems and deter travel. [Full Article...]

Freddie Mac: 30-year Mortgage Rates Rise From November Low

Freddie Mac: 30-year Mortgage Rates Rise From November Low The rate on 15-year, fixed-rate home loans, popular with homeowners who are refinancing their mortgages, rose to 3.22 percent from 3.17 percent. A year ago at this time, the 30-year fixed-rate mortgage averaged 3.41%. [Full Article...]

The Herman Miller (NASDAQ:MLHR) Earning Somewhat Favorable News Coverage, Accern Reports

First Bank & Trust now owns 3,841 shares of the business services provider's stock valued at $121,000 after buying an additional 448 shares in the last quarter. This represents a $0.68 annualized dividend and a dividend yield of 2.20%. The ex-dividend date of this dividend is Wednesday, May 31st. US Bancorp DE decreased its stake in shares of Herman Miller, Inc. [Full Article...]

Turkey talking 'in detail' to Kremlin over Syrian war

Turkey talking 'in detail' to Kremlin over Syrian war On Wednesday, the Kurdish outlet Rudaw reported that the YPG has documented a number of civilian casualties in the region and attributed them to "overnight shelling" by Turkish troops. Some of this heavy machinery may be of US origin, as American officials announced in May they would arm the YPG for the objective of defeating the Islamic State in Raqqa. [Full Article...]

After Fining Google, Facebook, EU Targets GE, Canon On Mergers

After Fining Google, Facebook, EU Targets GE, Canon On Mergers The three deals remain valid but are now under investigation. But if in its formal investigations the regulator finds the companies did in fact provide incorrect or misleading information, the companies can be fined up to 1% of global revenue. [Full Article...]

Traders Buy High Volume of Nabors Industries Call Options (NYSE:NBR)

Other hedge funds and other institutional investors have also made changes to their positions in the company. Russell Investments Group Ltd. purchased a new stake in Nabors Industries during the fourth quarter worth $5,991,000. had 70 analyst reports since August 6, 2015 according to SRatingsIntel. Nabors Industries (NYSE:NBR) last released its quarterly earnings results on Wednesday, April 26th... [Full Article...]

Futures point to mixed open on Wall Street; Fed minutes in focus

Futures point to mixed open on Wall Street; Fed minutes in focus Federal Reserve's policy-setting meeting last month, released Wednesday , showed that some Fed policymakers favored the idea of deferring reductions in the central bank's swollen securities holdings "until later in the year". With very little in the way of big USA economic data in the coming days, the release of the June 14 Fed minutes will dominate the next 24 hours. "The working assumption w... [Full Article...]

Liberty Interactive buying the rest of HSN in $2.6B deal

Liberty Interactive buying the rest of HSN in $2.6B deal The acquisition is expected to be complete in the fourth quarter of 2017. What are top analysts saying about Liberty Interactive Corporation? Aegis started coverage on shares of Liberty Interactive Corporation in a research report on Tuesday, March 28th. [Full Article...]

USA trade gap narrows in May on record exports

USA trade gap narrows in May on record exports The goods deficit with Mexico was $6.8 billion, while the goods deficit with China, which the White House has targeted with accusations of unfair trade, fell 6.2 percent to $30.1 billion. President Donald Trump campaigned for the White House on skepticism about current US trade agreements. Services trade also boomed in the month, with exports and imports at their highest levels on record at $64.... [Full Article...]

Significant Movements: Glu Mobile Inc. (GLUU), YY Inc. (YY)

Roth Capital reaffirmed a "buy" rating and set a $3.75 price target on shares of Glu Mobile in a research report on Wednesday, June 28th. 05/04/2017 - Glu Mobile Inc . Canaccord Genuity reissued a "hold" rating and issued a $3.00 price target on shares of Glu Mobile in a report on Friday. The target implies a 14.92% spike from where the shares are now trading. [Full Article...]

Official Price Target Objectives For Gentex Corporation (GNTX), Kate Spade & Company (KATE)

Meadow Creek Investment Management LLC boosted its position in shares of Gentex Corporation by 111.3% in the first quarter. Quadrant Capital Group LLC now owns 5,660 shares of the auto parts company's stock worth $117,000 after buying an additional 471 shares during the last quarter. [Full Article...]

France to Ban All Petrol and Diesel Vehicles by 2040

France to Ban All Petrol and Diesel Vehicles by 2040 Describing the end of petrol and diesel sales as a "public health" issue, Hulot said: "We are announcing the end of the sale of gasoline and diesel cars by 2040". That was a reference to Volvo , which on Wednesday announced plans to build only electric and hybrid vehicles starting in 2019, making it the first major automaker to abandon cars and SUVs powered exclusively by the internal combu... [Full Article...]

USA companies add a modest 158000 jobs in June

USA companies add a modest 158000 jobs in June United States weakness could be weakening. US businesses added a modest 158,000 jobs in June, a survey found, a sign that hiring has decelerated but remains healthy enough to lower the unemployment rate over time. On the other side of the ledger, education lost 6,000 jobs, natural resources and mining declined by 4,000 and construction fell by 2,000. Last month, the ADP data signalled a stro... [Full Article...]

NVIDIA Corporation (NVDA) Stake Acquired By Northwestern Mutual Investment Management Company

NVIDIA Corporation (NVDA) Stake Acquired By Northwestern Mutual Investment Management Company Many other Institutions have also modified to their stake in the share. Sales growth in the quarter for NVIDIA Corporation Semiconductor - Specialized NASDAQ shows a value of 48.40% with Outstanding shares of 603.73. Royal Bankshares Of Canada invested in 0.05% or 780,352 shares. This represents a $0.56 dividend on an annualized basis and a yield of 0.39%. The ex-dividend date of this dividend w... [Full Article...]

Baker Hughes Incorporated (NYSE:BHI) Stock Rating Upgraded by BidaskClub

Baker Hughes Incorporated (NYSE:BHI) Stock Rating Upgraded by BidaskClub Therefore 80% are positive. They are also projecting the Low EPS estimate of $-0.05 and the High EPS estimate of $0.26. The stock has been given a mean Overweight rating after the consensus analysis of 33 Analysts. only 93 funds opened positions while 194 raised stakes. 380.64 million shares or 2.91% more from 369.89 million shares in 2016Q3 were reported. It is 0.00% or $0 reaching $0 per share. [Full Article...]

Can the Honor 8 Pro upstage the OnePlus 5?

Can the Honor 8 Pro upstage the OnePlus 5? The smartphone comes with a 5.7-inch Quad HD display (2560 x 1440 pixels) and it has the LTPS LCD display along with the 2.5D curved glass. On the storage front , the device offers 128GB of onboard memory (110GB available) which can further be expanded up to 256GB via the Hybrid slot. [Full Article...]


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