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Economy

Compass Point upgraded New Residential Investment Corp from a "neutral" rating to a "buy" rating in a report on Tuesday, January 31st. Several brokerages recently commented on NRZ. If you are reading this article on another site, it was illegally stolen and reposted in violation of USA and global copyright legislation. The business also recently declared a quarterly dividend, which will be paid on Friday, April 28th.
  • China's economy grew 6.9% in the first quarter

    China's economy grew 6.9% in the first quarter

    Economy

    The growth was largely underpinned by property growth, which was 9.1 percent for the quarter, compared with 8.9 percent in the first two months, and rising manufacturing investment. In fact, the recovery in the Chinese economy has already started to show signs of slowing. While posting better-than-expected growth for the first quarter, the Chinese statistics bureau said Monday that crude oil production was down from a year ago.
  • Government must be enabler, not regulator: PM Modi

    Government must be enabler, not regulator: PM Modi

    Economy

    We have to bring them in one wavelength", Modi said adding, "to reform, political will is needed. Hierarchy remains an issue- this is something we inherited from colonial rulers and we did not leave that behind in Mussoorie. Earlier, government was everything. General public depended on the government for all their needs. Urging bureaucrats to take decisions that are in national interest, the prime minister said, "Don't make decisions which are temporary or offer a temporary fix for your ...
  • Trudeau to mark 100 years of Vimy battle

    Economy

    An estimated 20,000 Canadians were in attendance. Prime Minster Justin Trudeau was among the dignitaries to speak at the ceremony at the Canadian National Vimy Memorial in northern France. They fought courageously and with great ingenuity in winning the strategic high point of Vimy Ridge, though victory came at a heavy cost with more than 10,000 fallen and wounded.
  • United Airlines' Corporate Clients Are Pushing for Customer Service Fixes

    United Airlines' Corporate Clients Are Pushing for Customer Service Fixes

    Economy

    The incident stoked global outrage and talk of boycotts on social media, although some analysts think it will not significantly affect United's financial prospects. Some politicians and consumer advocates have called for a ban on overselling flights. Justin Harclerode, a spokesman for the House panel, did not say who the committee planned to call as witnesses, and a date for the hearing has not been disclosed.
  • Trump Backs Baldwin's American-Made Construction Bill

    Trump Backs Baldwin's American-Made Construction Bill

    Economy

    The 220-day review proceedings will attempt to move the current H-1B programme towards a more merit-based system, steering it away from the random lottery under which it now operates. What's more, the executive orders will also require federal agencies to review and minimise the use of waivers and exceptions in worldwide trade agreements.
  • Analyst Price Targets On NMC Health (LON:NMC)

    Economy

    Several other analysts have also recently commented on the company. Also, insider Rodney Cook sold 199,022 shares of the company's stock in a transaction dated Tuesday, March 14th. It now has negative earnings. The Company's divisions include Ruby Tuesday concept and Lime Fresh concept. Among 9 analysts covering Gemfields PLC ( LON:GEM ), 7 have Buy rating, 0 Sell and 2 Hold.
  • Analysts At HSBC Securities Maintained Intertek Group PLC (LON:ITRK) As Hold

    Economy

    There are now 63,807,720 shares in issue with the average daily volume traded being 202,348. About 192,432 shares traded. It has outperformed by 6.87% the S&P500. Beach Mngmt Limited Liability owns 7,770 shares. Central State Bank Trust stated it has 0.01% of its portfolio in Anglo American plc (LON:AAL). Janney Montgomery Scott Ltd Liability holds 0.02% of its portfolio in Anglo American plc (LON:AAL) for 22,530 shares.
  • Oil slides 3.8 percent to two-week low on U.S. gasoline build

    Economy

    Andrew Lipow, president of Lipow Oil Associates in Houston, said some in the market were concerned about the rapid recovery in shale production ."Perhaps the amount coming out of the ground might be more than we anticipate", he said. At a press conference in the United Arab Emirates, Saudi Energy Minister Khalid al-Falih said that "there is consensus building but it's not done yet".
  • Patriots respond to comparison photo showing team with Obama versus Trump

    Patriots respond to comparison photo showing team with Obama versus Trump

    Economy

    The team's Twitter account also tweeted another picture from Wednesday that showed people posing for a photo on the steps, and upper balcony, of the White House . Some players, such as Tom Brady, missed the visit for personal reasons, while others, such as LeGarrette Blount and Chris Long, did so due to their distaste for the president and his policies.
  • BP says crews brought leaking Alaskan well under control

    Economy

    An oil well leaking natural gas on Alaska's North Slope has been successfully plugged, according to private and government responders. By looking at the aerial pictures that were released by the department, it seems that the release is under control and contained to the gravel pad only, which surrounds the head of the well.