Money

DnB Asset Management AS Grows Holdings in AbbVie Inc. (ABBV)

This also comes after the phase 2 TRINITY data were delayed last fall, when the FDA asked AbbVie to include six-month durability data, with critics rounding on the company, suggesting this was a potentially ominous sign. The Healthcare stock finished its last trading at $112.45 while practiced a change of -0.18% on Wednesday. The company's 3-months average volume stands at 6.72 million. Read More

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Exxon Mobil Corporation (NYSE:XOM)

Wms Partners Llc who had been investing in Exxon Mobil Corp for a number of months, seems to be less bullish one the $316.27B market cap company. The Basic Materials stock ( Exxon Mobil Corporation ) showed a change of 1.75 percent from opening and finally turned off its business at $74.61 by scoring 2.47 percent on 29-03-2018. Read More

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Judge: Starbucks, other coffee sellers must include cancer warnings in California

Judge: Starbucks, other coffee sellers must include cancer warnings in California

As the Washington Post points out , California lists acrylamide, a byproduct of the coffee-roasting process, as a chemical that can cause cancer or "reproductive toxicity". The current concern is not about coffee itself but a chemical called acrylamide that's made during roasting. The National Coffee Association says the lawsuit can confuse consumers because the link between acrylamide and cancer is still theoretical. Read More

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School districts weigh in on gun control measures

School districts weigh in on gun control measures

On their first try, Dollars 466 passed the largest bond a majority of voters would support, and the children attending school in Scott City will soon be getting the upgrades they urgently need. Her retirement becomes effective at the end of the current school year. Sandstad was against Option C because it didn't equally allocate general funds to all the buildings. Read More

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Barclays pays $2bn to settle U.S. mortgage investigation

Barclays pays $2bn to settle U.S. mortgage investigation

The DoJ had been thought to be going for a sum closer to the $7.2bn penalty agreed by Deutsche Bank or $5.3bn by Credit Suisse, both at the start of previous year, over similar claims. Accusing Barclays of fraud in an unprecedented 2016 complaint , the Justice Department described the bank's losses as "catastrophic". "The actions of Barclays and the two individual defendants resulted in enormous losses to the investors who purchased the Residential Mortgage-Backed Securities backed by ... Read More

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NFL Draft: 5 quarterbacks who could be drafted before 49ers' first pick

NFL Draft: 5 quarterbacks who could be drafted before 49ers' first pick

In his latest mock draft , Kiper has the Dolphins selecting FSU safety Derwin James. Hill made some nice stops in the Senior Bowl practices and that should get the scouts attention. "Whoever goes there is going to sit for a year or two". He's been 66 percent these last three years in the NFL . Even adjusting for screens, Allen's a dramatically more inaccurate passer than the other top prospects in this draft. Read More

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Takeda Pharmaceuticals Considering Approach For Shire

Takeda Pharmaceuticals Considering Approach For Shire

The company's shares opened today at $152.30. Altria Group, Inc. (NYSE:MO) has declined 17.05% since March 28, 2017 and is downtrending. It has outperformed by 43.89% the S&P500. The stock has "Buy" rating by Stifel Nicolaus on Monday, July 17. A value between 0 and 30 is considered oversold; hence the trader should look at buying opportunities. Read More

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Grab set to acquire Uber's South East Asian operations

Grab set to acquire Uber's South East Asian operations

Moreover the Chief executive Travis Kalanick was ousted in June past year after missteps including allegations of executive misconduct, a toxic workplace atmosphere and potentially unethical competitive practices. Uber drivers will switch to the Grab online platform and the Uber app will stop working in Asia in two weeks. "However, you can still use the Uber app in more than 80 countries around the world", the email read. Read More

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Saudi Arabia and SoftBank plan 200GW solar build

Saudi Arabia and SoftBank plan 200GW solar build

The project is so huge that it will support the manufacturing kingdom, said SoftBank CEO Masayoshi Son . The project is its initial stage and it is not guaranteed it will be built or not. By the numbers: now, the biggest planned solar facilities promise to generate up to 2 gigawatts of power. SoftBank's Vision Fund will give $1 billion for the first phase. Read More

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Oil Producer Concho To Buy Rival RSP In Permian Push

Oil Producer Concho To Buy Rival RSP In Permian Push

It's no surprise that shares in other potential targets such as Parsley Energy Inc., WPX Energy Inc. and Laredo Petroleum Inc. traded up on the news. Altria Group, Inc. Basically, the P/E ratio tells potential shareholders how much they have to pay for every $1 of earnings. It turned negative, as 35 investors sold RSPP shares while 59 reduced holdings. Read More

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Wrong turn: Uber driver gets stuck on steps

Wrong turn: Uber driver gets stuck on steps

Passengers in an Uber found themselves in a curious situation when their driver made a wrong turn and ended up stuck on a pedestrian staircase, reports KRON . A representative from Uber was not immediately available for comment. In an effort to stay fit and healthy, we have heard of the advice that you should use the stairs and avoid escalators and elevators whenever possible. Read More

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Waymo Orders Up to 20000 Jaguar SUVs for Driverless Fleet

Waymo Orders Up to 20000 Jaguar SUVs for Driverless Fleet

The all-electric I-PACE is a natural choice for this world. The service will roll out in a 100 square-mile radius - about one-sixth the size of the metropolitan area - growing to 600 square miles later on. According to Jaguar Land Rover , the team-up with Waymo is a long-term strategic collaboration with shared goals of making cars safer, freeing up people's time and essentially improving mobility for everyone. Read More

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China Starts Trading in Crude Futures

China Starts Trading in Crude Futures

The contracts may not only help wrest some control over pricing from the main worldwide benchmarks, but yuan-denominated contracts could also promote the use of its currency in global trade-a key long-term goal for Asia's biggest economy. Wei cited Shao Yu, chief economist at the Chinese securities company Orient Securities, who stressed that "the contracts, denominated in yuan, can technically help China gain pricing power and internationalize the yuan, if a mature market with strong trading ... Read More

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United States stocks shoot higher as trading opens

United States stocks shoot higher as trading opens

More: 401 (k): What stocks, industries are vulnerable in a trade war? The Standard & Poor's 500 index rose 70.29 points , or 2.7%, to 2,658.55. Higher yields are good for banks, because they drive up interest rates on mortgages and other loans, making them more profitable for lenders. Among the actives, Genting Malaysia and Sime Darby both plummeted 2.67 percent, while Telekom Malaysia plunged 1.64 percent, Genting tumbled 1.33 percent, CIMB Group skidded 1.10 percent, Digi.com ... Read More

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Facebook Takes Out Newspaper Ads To Apologize For Cambridge Analytica Scandal

Facebook Takes Out Newspaper Ads To Apologize For Cambridge Analytica Scandal

But the process of truly deleting an account is at least a little tricky - and along the way, you might find out you were more dependent on Facebook than you thought. There is no close friendship without deep trust, and there is no deep trust between two people who can't count on each other's word. But we spend too little time thinking about the other bit of Facebook - that vast web of valuable data gathered on and off its platforms that third parties use to try and influence our decisions. Read More

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Mukesh Ambani's son Akash Ambani engaged to Shloka Mehta

Mukesh Ambani's son Akash Ambani engaged to Shloka Mehta

Akash and twin sister Isha are eldest of the three children of Mukesh and Nita Ambani. Sources reveal that a formal engagement will be announced soon too. Akash has started to handle the good part of business from a young age and is the elder heir to all the empire which his family has built over the years to eb one of the richest in the world. Read More

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Texas bomber 'not sorry' on confession tape

Texas bomber 'not sorry' on confession tape

But the evidence that investigators have gathered has given them few, if any, clues as to what motivated the 23-year-old man to embark on his spree of violence. Reyes says that when Goodwill received the box, they decided it wasn't appropriate for donation. He also urged Texas residents to be " vigilant " for other possible explosives, adding: 'We do not know where he has been in the past 24 hours'. Read More

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General Electric, General Mills Slide into Wednesday's 52-Week Low Club

General Electric, General Mills Slide into Wednesday's 52-Week Low Club

Walmart rose 0.7%, Amazon dipped 0.3%. and Kroger added 0.7%. However, the company's profitability fell short of market expectations. Central bank officials also raised their GDP forecast. Often, a boost in the volume of a stock is a harbinger of a price jump, either up or down. This volatility expressed as a percentage coefficient within option-pricing formulas, arises from daily trading activities. Read More

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Oil trades near $65 with USA inventories below five-year average

Oil trades near $65 with USA inventories below five-year average

EDT (1731 GMT) having retreated from a session peak of $69.70, close to its highest level since early February. On the New York Mercantile Exchange, West Texas Intermediate futures were trading up by 1% at $62.75 a barrel. On a simple supply versus demand basis, however, oil markets are facing the possibility of a renewed glut after being in a slight deficit for much of a year ago. Read More

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Donald Trump points the finger at Russian Federation for Salisbury attack

Donald Trump points the finger at Russian Federation for Salisbury attack

Meanwhile he said the use of the Novichok nerve agent, a rare chemical weapon developed by the Soviet Union, had been picked because it sent a signal in its "blatant Russian-ness". Sanders says, "We're going to be tough on Russian Federation until they decide to change their behavior". May pointed the finger firmly at Russian President Vladimir Putin on Wednesday as she outlined retaliatory measures in parliament. Read More

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Here is the potential Impact of Uber's self-driving vehicle crash

Here is the potential Impact of Uber's self-driving vehicle crash

Uber chief executive Dara Khosrowshahi expressed condolences on his Twitter account and said the company is working with local police on the investigation. Which is not to say that we should pull the plug on autonomous driving. Uber , Waymo and a long list of tech companies and automakers have begun to expand testing of their self-driving vehicles in cities around the country. Read More

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Wales captain Jones set to miss summer Tests

Wales captain Jones set to miss summer Tests

It also confirmed a reasonable Six Nations campaign, especially as British and Irish Lions stars Sam Warburton, Jonathan Davies and Rhys Webb were among those absent injured for the whole tournament. "We have a plan for next year with how many games he plays". Gatland said he was "extremely satisfied" with how his side got the job done against France and praised their character as they held on in the second half. Read More

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