Fed hikes key rate and unveils bond trimming plans

But the Fed also dropped previous language signalling it was closely watching overseas and markets developments, signalling more optimism about the global outlook. Even so, numerous barometers the Fed monitors most closely have given it the con... More..

by | Published more than a month ago
by | Thursday, June 15, 2017

Fed raises key rate and unveils plan to reduce bond holdings

On a 12-month basis, inflation has declined recently and, like the measure excluding food and energy prices, is running somewhat below 2 percent. The Fed initially plans to trim its holdings of Treasuries and m...More..

by | Thursday, June 15, 2017

Chelsea to host Burnley in EPL opener

The Premier League's schedule release Wednesday was cheered by most soccer fans, especially those overseas, but some Premier League fans based in England believe the league has gone too far to accommodate the...More..

Fed Raises Key Interest Rate For The Fourth Time Since 2015
by | Thursday, June 15, 2017

Fed Raises Key Interest Rate For The Fourth Time Since 2015

The Fed gave a clear outline on its plan to reduce its $4.2 trillion portfolio of Treasury bonds and mortgage-backed securities, most of which were purchased in the wake of the 2007-2009 financial crisis and re...More..

by | Thursday, June 15, 2017

Stocks, dollar firm ahead of Fed decision

Since officials last met in early May, they have faced conflicting signals about the economy on two items that matter most: employment and inflation . In addition, we expect both the Fed's statement as well as...More..

by | Thursday, June 15, 2017

How Fed hike will affect US consumers and overseas economies

Market participants' focus will be on signals on the frequency of further hikes and how the Fed plans to unwind its huge Treasury bond stockpile over the years ahead. The final wave of trading volatility is lik...More..

Consumer prices fall more than expected in May
by | Thursday, June 15, 2017

Consumer prices fall more than expected in May

It was the second monthly decline in the past three months and underscored that inflation remains a non-factor for U.S. economy, on a day when a rate hike by the U.S. On a year-on-year basis, shelter costs ro...More..

by | Thursday, June 15, 2017

New 10.5-inch and 12.9-inch iPad Pros Now Available in Stores

Of course the new iPad Pros have gotten faster once again, with the new A10X Fusion chip sporting a six-core CPU and a 12-core GPU. The iPad Pro lost brownie points for using gobs of glue to hold everyt...More..

Amazon in new rewards program for Prime
by | Thursday, June 15, 2017

Amazon in new rewards program for Prime

It's introducing a Prime Reload perk that gives American shoppers 2 percent cash back whenever they reload their balance using a debit card. Instead, Reload requires a debit card, along with a U.S. The 2% rew...More..

Yellen says she hasn't asked Trump for 2nd term
by | Thursday, June 15, 2017

Yellen says she hasn't asked Trump for 2nd term

The majority of Fed officials estimated in March that they would raise rates two more times this year. The European Central Bank (ECB) has not yet provided details on its plan for exiting its quantitative...More..

by | Thursday, June 15, 2017

Are Analysts Bearish Auto Trader Group PLC (LON:AUTO) After Last Week?

It has outperformed by 11.99% the S&P500. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and six have issued a buy rating to the company's stock. Shares in ...More..

by | Thursday, June 15, 2017

General Electric Company (GE) is Marshwinds Advisory Co.'s 5th Largest Position

The stock of Cummins Inc. On Tuesday, September 22 the stock rating was downgraded by Vetr to "Hold". The rating was maintained by RBC Capital Markets with "Positive" on Thursday, March 23. First City Capit...More..

by | Thursday, June 15, 2017

Wells Fargo & Company (WFC) Stake Cut by Farmers Trust Co

Finally, Davis Selected Advisers increased its stake in Wells Fargo & Company by 0.9% in the fourth quarter. Obermeyer Wood Inv Counsel Lllp has 1.67% invested in Wells Fargo & Co (NYSE: WFC ) for 316,458 share...More..

by | Thursday, June 15, 2017

Roosevelt Investment Group INC Increases Holding in Disney Walt Co (DIS)

The entertainment giant reported $1.50 earnings per share (EPS ) for the quarter, topping analysts' consensus estimates of $1.45 by $0.05. About 118,116 shares traded. The legal version of this report can be...More..

by | Thursday, June 15, 2017

(NYSE:JPM) jumps +0.33% while ent PLC (NYSE:ADNT) tumbles -1.35%

The Woodmont Investment Counsel Llc holds 283,578 shares with $8.53M value, down from 311,562 last quarter. The stock has Return on Assets (ROA) of 0.9 percent. Quinn Opportunity Partners Limited Liability ...More..

by | Thursday, June 15, 2017

Children lost, baby thrown to safety in London blaze

Desperately trying to avoid the flames, residents threw one baby and other small children from high windows to people down on the sidewalk, witnesses said. Labour Assembly leader Andrew Dismore asked then-Mayor...More..

by | Thursday, June 15, 2017

No Wisconsin members of Congress hurt in shooting

Some American politicians offered more than thoughts and prayers. Barton said his thoughts and prayers are with Scalise and all of those injured. Johnson, speaking at a Senate hearing Wednesday morning, sai...More..

Fox News Drops 'Fair And Balanced' Slogan after 21 Years
by | Thursday, June 15, 2017

Fox News Drops 'Fair And Balanced' Slogan after 21 Years

Fox News retracts fake news - what took so long? Fox executives have been instructed by management to market the network by its other tagline: "Most Watched". If Ailes interviewed a candidate he did not like, ...More..

Cosby arrives for Day 3 of jury deliberations
by | Thursday, June 15, 2017

Cosby arrives for Day 3 of jury deliberations

Jurors have asked five questions so far during their deliberations. Jurors wanted the testimony of Detective Dave Mason read back to them Tuesday. "He's been upbeat", she said. "Cosby's team is trying to plan...More..

Trump to make statement from White House on Scalise shooting
by | Wednesday, June 14, 2017

Trump to make statement from White House on Scalise shooting

Hodgkinson of Belleville, Ill., according to law enforcement officials. Trump said Scalise, two Capitol Police officers and two others were wounded in the shooting . Let me be as clear as I can be: "Viole...More..

by | Wednesday, June 14, 2017

Fed raises rates, gives details on balance sheet reduction

When will Congress approve another round of Base Realignment and Closures (BRAC)? Federal Reserve policymakers lowered their forecasts for inflation and unemployment, and continued to predict they would r...More..

US oil production seen thwarting OPEC effort to boost prices
by | Wednesday, June 14, 2017

US oil production seen thwarting OPEC effort to boost prices

Between 2012 and the middle of 2014, the organisation's members complacently enjoyed high prices but ceded market share to the US shale sector and other non-OPEC producers including deepwater projects. The pric...More..

by | Wednesday, June 14, 2017

US consumer prices unexpectedly fall; core inflation benign

Core CPI , which excludes more volatile prices such as food and fuel, rose to 2.6% YoY from 2.4% the prior month, where it was forecast to remain. Economists expect the central bank to keep its policy rate u...More..

by | Wednesday, June 14, 2017

Trump '100 Percent' Willing to Testify Under Oath on Comey Allegations

Asked if he would repeat his claims about Comey under oath, Trump said: "100%". Trump also denied that he asked Comey for a loyalty pledge, asking "who would ask a man to pledge allegiance under oath?" Me...More..

Jaguar XF Sportbrake Wagon Revealed
by | Wednesday, June 14, 2017

Jaguar XF Sportbrake Wagon Revealed

It will be manufactured at the castle Bromwich factory near Coventry, according to Motor1. Andy said: "Winning my first major title 10 years ago was an awesome moment for me; the culmination of everything I'd...More..

by | Wednesday, June 14, 2017

The First National Trust Co. Invests $634000 in NVIDIA Co. (NVDA)

Northern Corp reported 0.19% in NVIDIA Corporation (NASDAQ: NVDA ). It has outperformed by 195.58% the S&P500. Harel Insurance Investments & Financial Services Ltd. Piper Jaffray maintained the stock with "...More..

by | Wednesday, June 14, 2017

Just the Facts on UnitedHealth Group Incorporated (UNH)

Balasa Dinverno & Foltz LLC now owns 9,088 shares of the healthcare conglomerate's stock valued at $1,272,000 after buying an additional 258 shares in the last quarter. Heritage Mgmt Corp holds 4,805 shares. ...More..

Feared Dead, 50 Injured As Blaze Engulfs Grenfell Tower
by | Wednesday, June 14, 2017

Feared Dead, 50 Injured As Blaze Engulfs Grenfell Tower

Fabio Bebber wrote on Twitter: "More screams for help as the fire spreads to another side of the building". "The first I knew was the noise of sirens, helicopters and shouting". London Mayor Sadiq Khan said...More..

QI & Technicals in View For Golar LNG Partners LP (NasdaqGS:GMLP)
by | Wednesday, June 14, 2017

QI & Technicals in View For Golar LNG Partners LP (NasdaqGS:GMLP)

It has underperformed by 40.98% the S&P500. Boston Family Office Llc decreased its stake in Golar Lng Ltd (GLNG) by 9.04% based on its latest 2016Q4 regulatory filing with the SEC. The firm has a market cap...More..

(ABBV) With Shares Trading down at $69.53 AbbVie and Principia Announce…
by | Wednesday, June 14, 2017

(ABBV) With Shares Trading down at $69.53 AbbVie and Principia Announce…

Dataram Corp (NASDAQ:DRAM) has declined 48.17% since June 14, 2016 and is downtrending. It has underperformed by 16.70% the S&P500. Santa Barbara Asset Management Llc decreased Abbvie Inc ( ABBV ) stake by 2....More..

by | Wednesday, June 14, 2017

Trump Legal Team to File Complaint Over Comey Memos

Thus, in the end, I don't think Comey's testimony will have much impact on the Trump presidency, especially if Trump can be restrained in his response. At least one major Democrat was quick to point out that T...More..

by | Wednesday, June 14, 2017

DOJ seeks to argue 9th Circuit travel ban decision

The San Francisco-based Ninth Circuit Court of Appeals used narrow grounds to reject the Trump administration's bid to undo a Hawaii federal judge's decision blocking the temporary ban. That went one step far...More..

Theresa May Just Cracked a Pretty Good Joke About Her Election Disaster
by | Wednesday, June 14, 2017

Theresa May Just Cracked a Pretty Good Joke About Her Election Disaster

With British politics thrust into the deepest turmoil since last June's shock Brexit vote, European Union leaders were left wondering how divorce talks would open next week. "A fundamental part of that peac...More..

by | Wednesday, June 14, 2017

Shire Plc (LON:SHP) Broker Price Targets

Finally, Credit Suisse Group AG reissued an outperform rating and set a GBX 240 ($3.08) price target on shares of ITV plc in a research report on Wednesday, March 1st. IG Group Holdings plc is a United Kingdo...More..

James Hodgkinson, suspect in Virginia congressman shooting, dies of injuries
by | Wednesday, June 14, 2017

James Hodgkinson, suspect in Virginia congressman shooting, dies of injuries

Bernie Sanders , a Democrat from Vermont, and frequently blasted Republicans as "racist and sexist". The Daily Beast is reporting that Hodgkinson called Republicans "racist & sexist" on his Facebook page."T...More..

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