Thursday, 27 July 2017
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Marvell Technology Group Ltd. (NASDAQ:MRVL) Projected to Achieve EPS Of $0.12

The consensus recommendation for Marvell Technology Group Ltd . (NASDAQ:MRVL) is 2.4. The firm has a market capitalization of $7.17 billion, a P/E ratio of 68.11 and a beta of 1.16. Stock monthly performance is recorded as 8.35% while its performance in last 5 sessions is -4.37%. Roystone Capital Management LP boosted its position in shares of Marvell Technology Group by 70.6% in the second quarter. Read More »

Trump not saying what he'll do about Dakota Access pipeline

Though the weekend decision to deny an easement to Dallas-based Energy Transfer Partners brought celebration to the camp in North Dakota, Darrell Dotty, said it is too soon to know if it will be the final blow to the pipeline. "From the beginning of this process, the pipeline and the oil company have said they're going to go through regardless", Chris Schafer, a Bend resident heading to Standing Rock, said Monday. Read More »

Trump threatens payback for US companies that move abroad

That point was something he emphasized last week with a deal that was to retain some jobs at Carrier, a division of United Technologies that manufactures air conditioners in IN, rather than having those jobs exported to Mexico. Tariffs could prove costly. Newt Gingrich, the former speaker of the house who has advised Trump, said he believed the 35 per cent tariff would also apply to goods from European and Asian companies. Read More »

United Kingdom to borrow $151 billion more after Brexit vote

The extra borrowing was significantly higher than the £100bn expected by the City, as Hammond kicked his predecessor George Osborne's plan to balance the books by 2020 into the long grass saying he would not expect this to happen until some time in the next parliament - at least a decade away. Read More »

Trump starts post-election victory tour in two blue counties

A source briefed on the matter said the tax incentives were over 10 years and the company had agreed to invest $16 million in the state, where Trump's vice president-elect, Mike Pence, is governor. But the scant details that have emerged so far raise doubts how many jobs will be saved. "They're not going to be announcing , like they did at Carrier, that they're closing up and they're moving to Mexico". Read More »

Google malware attack hacks a million accounts, and growing

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If Gooligan successfully roots a device, it then moves on to steal email accounts and authentication tokens that provide access to Google services like the Play Store. Google has contacted affected users, revoked tokens, removed apps from the Ghost Push family on Google Play and added new Verify Apps protection. If you wish to personally identify if you haven't downloaded any app infected by Gooligan , check out the list of apps that carry the malware and delete them as soon as possible ... Read More »

Pelosi challenger: House Dems need new message and messenger

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She has led the party in the House since 2002. "I am now and have always been a loyal Democrat", she added . Evacuees forced from their homes and businesses by rapidly spreading wildfires in East Tennessee Monday night are getting their first look at the damage left behind. Read More »

Trump names Mnuchin, Ross to economic team

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During his campaign, Trump repeatedly railed against Wall Street, particularly Goldman Sachs, making Mnuchin's nomination potentially thorny for his base. The bank was renamed OneWest Bank, and Mnuchin became its chairman and CEO. Reborn as OneWest, the bank generated earnings partially through widespread home foreclosures, which prompted the websites Zero Hedge and IAmFacingForeclosure.com to accuse the bank of profiting by driving homeowners into foreclosure in order to collect ... Read More »

Oil stocks lead TSX higher on OPEC news

Oil slid below $46 as OPEC members failed to bridge differences on production cuts, while gains in Treasury yields and the dollar went out of steam. Chevron CVX.N declined 1.6 percent and Exxon XOM.N fell 1.3 percent. US stocks ended with slight gains on Tuesday as a surge in health stocks managed to limit the drag from energy shares. Read More »

Stock under Traders Consideration: The Hartford Financial Services Group, Inc. (NYSE:HIG)

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Everence Mngmt holds 0.19% of its portfolio in PNC Financial Services Group Inc (NYSE:PNC) for 7,721 shares. Karpas Strategies Ltd has invested 0.11% of its portfolio in Hartford Financial Services Group Inc (NYSE:HIG). Shelton Capital Management increased its position in The Hartford Financial Services Group by 115.3% in the second quarter. On Thursday, July 21 the insider HESSE DANIEL bought $41,220. Read More »

Standard & Poor's issues warning on Tata Sons

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Ever since then, both sides have traded a relentless string of accusations, with the animosity exacerbated by Mistry's efforts to remain chairman of key listed companies such as Jaguar Land Rover-owner Tata Motors. Mistry, who was on October 24 abruptly removed as chairman of Tata Sons, the holding company of the Dollars 103-billion salt-to-software conglomerate, was voted out as chairman of Tata Steel on November 25. Read More »

Three die after Thanksgiving meal at Legion Hall in Antioch

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Louise McNitt. Health officials were continuing to investigate and said there was not a threat to the general public. Typically, Loaves and Fishes, a nonprofit that provides free meals to low-income and homeless residents, uses the Veterans Memorial Hall to serve its lunches. Read More »

Co-operative Energy picked to take on GB Energy Supply's 160000 customers

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More than 160,000 customers have been left without an energy supplier since GB Energy Supply shut its doors. As well as honouring GB Energy's tariffs, which are expected to be loss-making for this winter, Co-Op Energy has also agreed to honour GB Energy customers' credit balances up to an undisclosed sum, believed to be between £5m and £10m. Read More »

Blue-collar Democrats to party: It's still the economy, stupid

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According to Bloomberg Tuesday, Democratic Representative Marcy Kaptur of OH believes that on trade, Congress has been "comatose" on the issue for more than thirty years. It's not a big thing and I didn't ask for anything. A lot of young people aren't voting, which is historically the case, a lot of working-class people and a lot of low-income people not voting. Read More »

Order could have little effect on pipeline protest camp

County and state officials have been seeking federal law enforcement help for months and were initially buoyed by the Corps' order for protesters to move off the land. Young speaks directly to Obama at times: "We are calling upon you, President Barack Obama, to step in and end the violence against the peaceful water protectors at Standing Rock immediately". Read More »

Top EU finance officials in Greece to nudge for deal

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The IMF says the bailout target of 3.5 percent of GDP is unrealistic without debt relief and extra austerity measures. Dutch Finance Minister Jeroen Dijsselbloem made similar remarks, speaking at the European parliament in Strasbourg, France. Read More »

25 arrested at national minimum-wage protest in NYC

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It was the first of four major actions scheduled for the day in Kansas City as part of the national Fight for $15 movement. Signs said "We won't back down" and "Strike for $15 and our future". But Chicago Department of Aviation officials said they don't anticipate disruptions. It will take longer for smaller companies and other areas of the state. Read More »

Brian Kelly 'fully committed' to Notre Dame after 4-8 season

I say this first and foremost because most indications look like Brian Kelly will be back next season. After starting the season as the No. 10 team in the country, Notre Dame lost its opener to Texas , and never recovered. But when it comes to the six-year contract extension Kelly signed in January that runs through the 2021 season, Notre Dame seems committed. "If anything, Coach Kelly deserves another chance if people are talking about him being fired because this is just one bad season", ... Read More »

Trump names Haley as envoy to UN

She will go through a Senate confirmation which will probably be less than challenging in a Republican controlled body. However, DeVos also sharply criticized him during the campaign and spent much of the year raising money for other Republicans on the ballot. Read More »

Lufthansa Pilots Set to Strike Again on Tuesday, Wednesday

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VC rejected the latest pay offer from Lufthansa late on Friday but lifted the threat of extending its strike beyond Saturday. Further escalating tensions, Mr Spohr responded to the extended strikes last week by reviving a two-year-old legal case seeking 60 million euros (S$91.43 million) in damages from the union related to an earlier walkout. Read More »

Zimbabwe issues new currency, bond notes

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The bond notes will be officially interchangeable 1:1 with the USA dollar, and the RBZ said on Saturday they would be deposited directly into US dollar accounts, where they would be reflected as dollar balances. "The use of bond notes within the multi-currency exchange system, which are anchored to the US200 million [Africa Export and Import Bank] facility, will operate along the same lines as bond coins". Read More »

Shoppers out looking for deals on Black Friday

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Jennifer Zubeck of Easton planned to make a beeline for the store when the mall opened at 6 a.m. US stores are now opening on Thanksgiving to try and boost in-store sales, while retailers have been offering online deals weeks in advance to cope with lower demand and stiff pricing competition. Read More »

Saudi Arabia plans to skip OPEC's crucial meeting next week

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USA crude fell almost 4 percent on Friday, dragged down by uncertainty over whether the Organization of the Petroleum Exporting Countries will reach an output deal, after Saudi Arabia said it will not attend talks on Monday with non-OPEC producers to discuss supply cuts. Read More »

Sameer Verma in Hong Kong Open men's final

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Rio Olympics silver medallist P.V. Sindhu and upcoming shuttle talent Sameer Verma were beaten in their respective finals of the Hong Kong Open tournament here on Sunday. The gap kept widening as the match progressed and although Verma tried his best to claw back, Angus had the last laugh courtesy his better all-round game. Read More »