• Iran Sanctions - President Trump's Announcement of US Withdrawal from JCPOA
Iran Sanctions - President Trump's Announcement of US Withdrawal from JCPOA

Insurance companies will be very reluctant to underwrite cargoes and vessels touching Iran after the sanctions are imposed. "Certain U.S. allies, including Japan and South Korea, may comply with the proposed U.S.re-imposition of Iranian sanctions on the concern of losing the U.S.

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  • ITC Q4 net profit up 10% on year at Rs 2933 crore
ITC Q4 net profit up 10% on year at Rs 2933 crore

It was Rs 386.52 crore in the corresponding period last fiscal. "Gross sales value excluding agri business grew by 5.7 per cent driven by FMCG others and hotels". The profit before tax for the company's mainstay - cigarettes - stood at Rs 3,505.76 crore in Q4 FY 18 compared to Rs 3,258.76 crore in Q4 FY17, a jump of around 8 per cent.

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  • Gold rebounds as investors cover their shorts
Gold rebounds as investors cover their shorts

Home Construction ETF. "The most important driver (for gold) is the dollar and yields ", said ABN AMRO analyst Georgette Boele . As bond yields push higher and the markets wait on a Federal Reserve that is determined to hike interest rates ahead, fixed-income investors may look to bond exchange traded fund strategies that specifically i...

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  • Rhetoric over USA exit from Iran deal rises
Rhetoric over USA exit from Iran deal rises

Moreover, Trump's decision seems to have angered European officials , with Europe set to lose out billions of dollars' worth of trade deals if the Iran sanctions are reimposed. "Iran has asked the European Union and particularly Germany, France and Britain to announce as soon as possible their stand on how Iran's interests can be fulfilled and gua...

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  • Lachlan Murdoch to serve as chairman, CEO of New Fox
Lachlan Murdoch to serve as chairman, CEO of New Fox

Rupert Murdoch will be co-chairman of New Fox. "We have worked through the winter "standing up" a reimagined independent Fox", Lachlan Murdoch said in the statement. The Wall Street Journal reported this month that James will not take a position with Disney after the Fox acquisition. Fox agreed previous year to sell the bulk of its film ...

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  • Macy's Stock Soars After Crushing Q1 Earnings Forecasts, Lifting Views
Macy's Stock Soars After Crushing Q1 Earnings Forecasts, Lifting Views

Shares of Macy's Inc surged more than 10% in premarket trading on Wednesday after the company reported first quarter earnings that finished above Wall Street estimate . "While we have more work to do, the continuing improvement in our stores is encouraging and we once again achieved double-digit growth in the digital business".

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  • BT overhauls consumer business with bid to combine mobile and broadband
BT overhauls consumer business with bid to combine mobile and broadband

EE Hybrid Broadband will use multipath transmission control protocol (TCP) technology to bond both BT's fixed broadband network and EE's 4G network in a single box. In keeping with this BT will launch two new products so that customers " never again have to think or worry about which network they're connected to " (assuming you've ever felt a nee...

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  • GST To Be Zero-Rated Starting June 1
GST To Be Zero-Rated Starting June 1

In a statement today, the MoF said it has decided that goods and services within Malaysia and those imported from overseas, which incur GST of 6%, will see the rate reduced to 0% from June 1 this year throughout the country. Zero rating would essentially remove the price impact of the GST, but retain its tax reporting functions. The government, M...

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  • Lookout for Price Target? KeyCorp (KEY), Occidental Petroleum Corporation (OXY)
Lookout for Price Target? KeyCorp (KEY), Occidental Petroleum Corporation (OXY)

The public company has 765.60M shares outstanding now, as well as a market cap of $65.05B. The Free Cash Flow Yield 5 Year Average of Occidental Petroleum Corporation (NYSE: OXY ) is 0.013083. Meyer Handelman reported 78,500 shares. Colony Ltd holds 4,340 shares or 0.02% of its portfolio. Zebra Mngmt Limited Company accumulated 0.54% or 21,766 sh...

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  • Market Trends, Forecast And Analysis Of The China Flavored Water Market: 2018
Market Trends, Forecast And Analysis Of The China Flavored Water Market: 2018

Questale has become a leader in delivering fact-based insights, enabling their clients to improve profitability and accelerate growth. This report gives an excellent analysis of the market , carried out by the professionals in the field. The report is beneficial in providing up-to-date and correct Washing Water Softeners market statistics and de...

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  • Anticipated $0.31 EPS for Hewlett Packard Enterprise Company (HPE) on May, 22
Anticipated $0.31 EPS for Hewlett Packard Enterprise Company (HPE) on May, 22

After a recent check, Hewlett Packard Enterprise Company stock is found to be 1.33% volatile for the week, while 1.69% volatility recorded for the month with ATR of 0.31. This ascending monthly return given optimistic signal for Investors. The present relative strength index (RSI) reading is 45.62. A simple moving average is an indicator that c...

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  • Amazon Web Services takes on Blockchain with Kaleido and Ethereum
Amazon Web Services takes on Blockchain with Kaleido and Ethereum

Partner of the Year: Powerupcloud Technologies India Private Limited has won the award for its marquee wins across the industry, achieving Premier Consulting Partner status, and for competencies in the Big Data and DevOps space. (AWS), an Amazon.com company (NASDAQ: AMZN), announced that Verizon Communications (NYSE: VZ) has selected AWS as its p...

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  • Today's Brokerage Rating: AK Steel Holding Corporation (AKS), Freeport-McMoRan Inc. (FCX)
Today's Brokerage Rating: AK Steel Holding Corporation (AKS), Freeport-McMoRan Inc. (FCX)

This ratio also gives some idea of whether you're paying too much for what would be left if the company went bankrupt immediately. Investors can maximize their rates of return by buying and selling stocks when they are trading below and above their price targets, respectively.

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  • Time Warner Inc. (TWX): Interesting Series Of Developments Taking Place
Time Warner Inc. (TWX): Interesting Series Of Developments Taking Place

Cheyne Capital Management Uk Llp who had been investing in Time Warner Inc for a number of months, seems to be bullish on the $73.84 billion market cap company. Spark Investment Management Llc increased its stake in Insperity Inc (NSP) by 33.33% based on its latest 2017Q4 regulatory filing with the SEC. Analyst's mean target price for Gogo Inc .

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  • East Coast railway line through Stevenage brought back under public control
East Coast railway line through Stevenage brought back under public control

ECML has been negotiating a new direct award franchise with the department but now understands that the secretary of state for transport is "no longer considering entering into a new franchise" with East Coast Mainline, Stagecoach said in a statement.

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  • Novartis top lawyer exits over payment to Trump lawyer
Novartis top lawyer exits over payment to Trump lawyer

Novartis said its general counsel , Felix Ehrat , had chose to retire from his position in the "context of discussions" surrounding the payments to Cohen. Novartis previously admitted to hiring Essential in February 2017 for advice "as to how the Trump administration might approach certain USA healthcare policy matters".

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  • USA dollar climbs on rising Treasury yield
USA dollar climbs on rising Treasury yield

Commerce Department on Tuesday. Elsewhere, emerging-market equities steadied following Tuesday's plunge, but developing currencies turned lower and the lira weakened again. US stock futures traded down 1.25 percent. Germany's DAX Index advanced 0.2 percent. Benchmark 10-year notes last fell 17/32 in price to yield 3.0576 percent, from 2.9...

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  • Tencent reports Q1 beats, 61% profit growth
Tencent reports Q1 beats, 61% profit growth

Revenue reached 73.52 billion yuan equal to $11.5 billion compared to expectations on Wall Street of 72.04 billion yuan. Operating margin increased to 42% from last year's first quarter of 39%. Revenue from Value Added Services, which includes online games and messaging, rose 34 percent to 46.9 billion yuan. The first PlayersUnknown's Battleground ...

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  • Liberty Global Plc (LBTYK) Holder Spo Advisory Corp Cut Stake
Liberty Global Plc (LBTYK) Holder Spo Advisory Corp Cut Stake

The major stock indexes jumped as shareholders interpreted the news as a sign trade tensions between the world's leading economies were thawing. VS 2X VIX Short Term (TVIX) shares are showing negative signals short-term as the stock has finished lower by -19.97% for the week.

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  • Tesla SUV earns Guinness World Record by towing plane almost 1000 feet
Tesla SUV earns Guinness World Record by towing plane almost 1000 feet

Although it's rated to tow 2500kg, the Model X managed to pull the 130,000 kg airplane almost 300 meters. In fact, past year a video went viral showing a Tata Hexa towing a Boeing 737-800. The Model X P100D managed to pull the giant aircraft nearly 300m. This was, according to Qantas , the first time in history an electric passenger vehicl...

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