UK says it has gotten its money back from Lloyds bailout

UK says it has gotten its money back from Lloyds bailout The Treasury spent £20.3bn bailing out Lloyds and it has now recovered just over that amount by gradually selling off the holding as well as through dividends. Even so, it has taken much longer than expected during the financial crisis and has only been possible because Hammond was able to sanction the recent sales at a loss because of profits made from earlier transactions when the share price wa... [Full Article...]

US Fed fines Deutsche Bank US$156.6m for forex violations

US Fed fines Deutsche Bank US$156.6m for forex violations In unrelated enforcement actions, the Fed fined the Frankfurt-based lender US$136.9 million for faulty oversight of its FX traders and US$19.7 million for failing to keep tabs on the kind of trading banned by the Volcker Rule - the first major enforcement action by a U.S. [Full Article...]

Ascent Resources Plc (AST) Rating Reiterated by Northland Securities

It has a 20.56 P/E ratio. The Company's portfolio consists of European onshore projects. They now have a GBX 1650.00 price target on Admiral Group PLC (LON:ADM). After $-0.11 actual EPS reported by Ardmore Shipping Corp for the previous quarter, Wall Street now forecasts 0.00% EPS growth. Healthinvest Partners Ab holds 7.94% of its portfolio in Anika Therapeutics Inc for 175,967 shares. [Full Article...]

Grizzlies' Fizdale fined $30K for officiating rant

Fizdale went on a almost two-minute rant during his postgame interview and called the work of officials Danny Crawford, Rodney Mott and Bill Spooner "unacceptable" and "unprofessional". Cavs took a 2-0 series lead in their Eastern Conference playoff duel on Monday. As a team, the Grizzlies shot 37 percent from the field and seven of 27 from the three-point line but they were always fighting a lo... [Full Article...]

Sports Direct buys two USA chains in £78m debt deal

Sports Direct buys two USA chains in £78m debt deal Expected to complete next month the deal would give Mike Ashley's group a foothold in bricks and mortar retail in the U.S. as well as a digital platform from which to grow U.S. Shares in Sports Direct were trading 0.7% lower at 312.8p in morning trading. "What is not required, in our view, is a major, and not low-priced, distraction, 3,000 miles away", argued analysts at Peel Hunt. [Full Article...]

General election: UK Parliament approves Theresa May's snap vote

Nearly as soon as Mrs May had risen to speak in favour of the motion, Labour MP Paul Farelly accused her of having a "loose and complicated relationship with the truth", after she had spent many months insisting there would be no election before 2020. [Full Article...]

Sensex, Nifty close down; realty stocks jump

Sensex, Nifty close down; realty stocks jump The Sensex touched a high of 29,584.34 points and a low of 29,259.42 points during the intra-day trade. The BSE market breadth was bullish - with 1,766 advances and 886 declines. According to Dhruv Desai, Director and Chief Operating Officer of Tradebulls, the benchmark indices failed to sustain gains and witnessed volatility throughout the session. [Full Article...]

United Kingdom retail sales slide in March

The ONS said average store prices had their biggest growth since March 2012, jumping 3.3 per cent year-on-year, while petrol prices shot up by 16.4 per cent on average. James Brooke, chief executive of Amplience, said: "Today's figures will be harsh a wake-up call for many retailers". Consumers have been plundering their nest eggs, or spending more on credit, to maintain their standard of livin... [Full Article...]

United Airlines makes policy change regarding passengers getting bumped from flights

United Airlines makes policy change regarding passengers getting bumped from flights United Airlines initially said that they overbooked the flight , but as it turns out, they needed space for crew members who had to work the following day. After the uproar over the mistreatment of Dao, who suffered a concussion, a broken nose , and lost two teeth, other USA carriers are looking at their policies, said Henry Harteveldt, a travel-industry analyst. [Full Article...]

Valeant prices psoriasis med SILIQ at $3500/month

Valeant prices psoriasis med SILIQ at $3500/month They now have a United States dollars 8 price target on the stock. The last session's volume of 12.32 million shares was lower than its average volume of 19.66 million shares. If you are reading this news story on another domain, it was stolen and republished in violation of USA & worldwide trademark and copyright laws. They now have a Dollars 11.5 price target on the stock. [Full Article...]

No one to be fired over forcible removal of passenger

He says the airline will have more to say later this month after it finishes a review of its policies on overbooked flights. However, United President Scott Kirby told reporters during a conference call yesterday that it was now too early to tell if the company's business in China would be hurt by the incident. [Full Article...]

Labour mulls second Brexit referendum in manifesto

While recent polls have given the Conservatives a clear lead over Labour, Corbyn was defiant - in response to media questions - about the party's ability to woo voters up and down the country. "They say I don't play by the rules -- their rules". Corbyn was elected party leader in 2015 and again a year ago thanks to strong backing from grassroots Labour members, but many of his more centrist MP... [Full Article...]

Oil markets on path to recovery due to Opec deal

The group agreed to let Iran pump an additional 90,000 barrels a day to reach output of about 3.8 million as the country recovers from sanctions. "With questions hanging over USA gasoline demand, any further product builds will act as a brake on the oil price recovery". [Full Article...]

Rosenbaum Jay D. Boosts Position in Schlumberger Limited. (SLB)

Rosenbaum Jay D. Boosts Position in Schlumberger Limited. (SLB) Schlumberger Limited . The business had revenue of $7.11 billion for the quarter, compared to analyst estimates of $7.10 billion. They expect $0.25 EPS, down 60% or $0.15 from last year's $0.4 per share. Analysts forecast that Schlumberger Limited . will post $1.74 earnings per share for the current fiscal year. If you are reading this report on another website, it was illegally stolen an... [Full Article...]

Venezuela's opposition seeks to keep pressure on Maduro

Venezuela's opposition seeks to keep pressure on Maduro It's not the first time the Venezuelan government has seized a foreign corporation's facilities. In Rubio's words, "This latest action only confirms the ultimate goal of the Maduro regime to allow for a Cuban-style form of government, where human rights and property rights have no value". [Full Article...]

Kepler Capital Markets Reiterated Associated British Foods (LON:ABF) As 'Hold'

Investec maintained it with "Buy" rating and GBX 450 target in Monday, November 7 report. As per Wednesday, September 28, the company rating was maintained by JP Morgan. The rating was maintained by Societe Generale with "Buy" on Friday, July 1. BNP Paribas has "Outperform" rating and GBX 290 target. About 655,445 shares traded. [Full Article...]

Pound surge suggests UK election will yield smoother Brexit

And if the ruling Conservatives emerge with a bigger parliamentary majority, it would be equally possible for May to ignore the pro-EU factions within her own party. We can't win, they say, because we don't play their game. Her decision came on a day when ITV became the first broadcaster to confirm a debate ahead of the poll in June, announced by May yesterday. [Full Article...]

Nintendo's first Switch sales numbers are out

If you ask, why then it may probably because of early shortage of Nintendo Switch consoles, the possibility is that they bought the game while waiting for the restock of the console. “Nintendo always strives to offer consumers something fun, new and different, ” said Reggie Fils-Aime, Nintendo of Americas President and COO. It is possible that the bulk of the Switch games will be created for t... [Full Article...]

Lions host Vikings for second straight year on Thanksgiving

The Redskins have played on Thanksgiving plenty of times in their lengthy history, but they'll host a Thanksgiving game for the first time in franchise history this season, per Master Tesfatsion . . After all, they've opened four of the last five seasons there. Week 1 vs. Philadelphia, Sunday, Sept. 10 , 1 p.m. Week 2: Sunday, Sept. 17 at Los Angeles Rams , 4:25 p.m. [Full Article...]

Canada: Trump is wrong when he says dairy practices unfair

MacNaughton said his intent with the letter was to correct the record following a letter critical of Canada's supply-management dairy system from the governors of Wisconsin and NY. sector are due U.S. and global overproduction". Canada's dairy industry was less protectionist than its US counterpart, the ambassador said in the letter. [Full Article...]

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