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Economy

But estate agents believe house prices in all parts of the United Kingdom will grow over the next twelve months. Some parts of London appear to have been hit particularly hard, with estate agents and developers resorting to offering free cars and other incentives to try to tempt buyers.
  • Libya says its oil production tops 800000 barrels per day

    Libya says its oil production tops 800000 barrels per day

    Economy

    The news come as members of the Organization of the Petroleum Exporting Countries are increasingly anxious about resurgent production in Libya as they prepare to meet later this month to decide on extending output curbs. "It has declined, and has instead sided with Wintershall against NOC", he added. There was no immediate response from the Presidency Council. Oil is Libya's only real source of revenue, and it has been trying to restore production to its 1.6-billion-barrel-a-day level of ...
  • Allergan plc Target of Unusually Large Options Trading (AGN)

    Allergan plc Target of Unusually Large Options Trading (AGN)

    Economy

    Allergan plc (NYSE:AGN) soared 13.89% year-to-date. Stock is now moving with a positive distance from the 200 day simple moving average of approximately 0.65%, and has a solid year to date (YTD) performance of 9.7% which means the stock is constantly adding to its value from the previous fiscal year end price.
  • Dean Foods Invests in Dairy Alternatives Firm Good Karma

    Economy

    Dean Foods launched DairyPure sour cream across the USA in March 2017 as the brand's most recent line extension, which the company said will drive product and package innovation into the $1.2bn category which has not seen a lot of growth or innovation in recent years.
  • Democrats Call for Special Prosecutor After FBI's Comey Fired

    Economy

    The FBI director serves at the pleasure of the president, so Trump was within his rights to fire Comey . The people recounting the behind-the-scenes activity spoke only on condition of anonymity to disclose private discussions. Trump's move was so sudden that his White House staff, accustomed to his impromptu style, was caught off guard. Pennsylvania U.S. Sen. Bob Casey, a Democrat, is calling it "Nixonian." Sen.
  • Confusion over cost of company tax cuts

    Confusion over cost of company tax cuts

    Economy

    The Turnbull government's signature company tax cut will cost an eye-watering $65.4 billion over 10 years from July 1, 2017, the Prime Minister has told Parliament, a $15 billion rise from the initial $50 billion cost. According to Deloitte, the Budget balance is expected to gradually improve on the deficit of $40 billion in 2015-16, easing slightly to $38 billion in 2016-17, $29 billion in 2017-18, $21 billion in 2018-19, $2.5 billion in 2019-20 and a projected return to a small surplus of $7 ...
  • Advanced Micro Devices, Inc. (AMD) Lifted to

    Advanced Micro Devices, Inc. (AMD) Lifted to "Buy" at Zacks Investment Research

    Economy

    The company reported an impressive total revenue of 4.27 Billion in the last fiscal year. Equities analysts forecast that Advanced Micro Devices will post $0.07 EPS for the current year. Its share price has grown -20.43% in three months and is up 3.85% for the last five trades. Hedge funds and other institutional investors own 54.77% of the company's stock.
  • No, Trump didn't invent 'prime the pump'

    Economy

    I mean, I just. came up with it a couple of days ago and I thought it was good". "It's what you have to do". The phrase " priming the pump " dates to the early 19th century. Merriam-Webster's increasingly sassy Twitter account noted that the expression, which it defines as "government investment expenditures created to induce a self-sustaining expansion of economic activity", dates back to at least 1933.
  • Moller-Maersk profit up as oil unit improves, shipping lags

    Moller-Maersk profit up as oil unit improves, shipping lags

    Economy

    Maersk shares increased almost 2 percent to 11,870 kroner in morning trading in Copenhagen. Maersk reported a first-quarter net profit of $253 million, above analysts' average forecast of $199 million in a Reuters poll and an improvement on $224 million a year ago.
  • Kohl's Corp. (KSS) closed its previous trading session at $40.32

    Kohl's Corp. (KSS) closed its previous trading session at $40.32

    Economy

    Market capitalization is calculated by multiplying a company's shares outstanding by the current market price of one share. The stock has a 50-day moving average price of $39.16 and a 200-day moving average price of $44.15. Vetr lowered shares of Kohl's Co. from a "buy" rating to a "hold" rating and set a $43.22 price target for the company.in a research report on Thursday, February 9th.
  • Decreasing US inventories and Saudi Arabia's cuts to Asia lift oil price

    Economy

    Brent crude, the global benchmark, continues to hold near $50 a barrel despite Saudi Arabia and Russian Federation signaling a willingness to prolong cuts into 2018 to bring inventories down further. By 10:12 a.m. CT (15:12 GMT), West Texas Intermediate crude futures were up $1.30, or 2.8%, at $47.18/bbl, and Brent crude rose 2.5%, or $1.25, to $49.98/bbl.