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Economy

On Wednesday, March 1 Hedley Mary Lynne sold $697,474 worth of TESARO Inc (NASDAQ:TSRO) or 3,927 shares. Hcp Inc now has $14.84B valuation. The stock increased 0.36% or $0.56 during the last trading session, reaching $155.73. At the end of March 2017 reporting period, 112 institutional holders increased their position in Pennsylvania Real Estate Investment Trust (NYSE:PEI) by some 11,402,034 shares, 81 decreased positions by 9,699,760 and 35 held positions by 48,058,233.
  • Brokers Issue New Targets On Marks And Spencer Group Plc (MAKSY)

    Economy

    The rating was maintained by Liberum Capital on Thursday, May 11 with "Buy". The stock has "Buy" rating by Investec on Friday, March 24. Liberum Capital maintained the stock with "Hold" rating in Friday, January 15 report. The Investment House Llc holds 5,045 shares with $321,000 value, down from 13,129 last quarter. Toronto Dominion Savings Bank has 30 shares for 0% of their portfolio.
  • Tejas Express returns with smashed LCDs, stolen headphones and soiled toilets

    Tejas Express returns with smashed LCDs, stolen headphones and soiled toilets

    Economy

    A report by Deccan Chronicle on the issue states that the passengers had thrashed the LCD screens, stolen headphones, soiled the toilets and littered the entire train. According toHindustan Times, a passenger, on second day said, "The train was not properly cleaned". Train's Executive Chair auto seats have an adjustable headrest, comfortable arm supports, and is even offering airline-like leg support.
  • World Health Assembly elects Tedros Ghebreyesus as new WHO Director

    World Health Assembly elects Tedros Ghebreyesus as new WHO Director

    Economy

    Dr. Ghebreyesus or simply Tedros, as he is known, will be replacing Margaret Chan , who will be stepping down from her post of 10 years by the end of June. but by nearly any measure, it is showing the way to a new era in world health". Also in a statement today, PATH president and chief executive officer Steve Davis added the group's congratulations and said Tedros takes the helm at WHO as it faces a number of significant and complex challenges to global health and security, including ...
  • Moody's downgrades China's credit rating to A1 from Aa3

    Economy

    The massive decline in China's GDP growth in the previous year, peaking at 10.6% last 2010 and drowning to about 6.7% last 2016 was also highlighted in the report. The Australian dollar, often see as a liquid proxy for China risk , also slipped. Moody's also changed its outlook on China from "stable" to "negative".
  • Brazil president formally accused of conspiracy against corruption inquiry

    Economy

    On Thursday, thousands of people demonstrated against Temer in the capital Brasilia and in Rio de Janeiro. The testimony by Joesley and Wesley Batista, billionaire brothers who are chairman and chief executive of JBS, sent Brazilian stocks and the currency plunging on Thursday because of fears it could lead to Brazilian President Michel Temer's ouster.
  • Unlikely Figures Praising President Trump's Israel, Middle East Trip

    Unlikely Figures Praising President Trump's Israel, Middle East Trip

    Economy

    His visit to the church of the Holy Sepulchre, the site where some believe Jesus was crucified, buried and resurrected, is also significant. "Mr. Prime Minister, this is the time to go to a fearless and historic process to separate from the Palestinians and the implementation of the vision of two states for two peoples".
  • Oil prices rise as market expects extended production cut

    Economy

    The price rise this year has spurred growth in the US shale industry, which is not participating in the output deal, thus slowing the market's rebalancing with global crude stocks still near record highs. Algerian Energy Minister Noureddine Boutarfa told Reuters on Wednesday he believed that inventories should normalise by the end of 2017. "If the cuts are rolled over until Q1 2018, we expect oil prices to be around $57 a barrel for 2018", Gupta said.
  • Trump asked 2 United States intel chiefs to deny Russian Federation collusion

    Economy

    Officials said such memos could be made available to both the special counsel now overseeing the Russian Federation investigation and congressional investigators, who might explore whether Trump sought to impede the FBI's work. All eyes are on Comey who is expected to testify to Congress in coming weeks, making his first public comments since he was sacked. The two men also exchanged notes about their conversations with the president, the source said.
  • Israel and Arab Nations Can Find Common Cause Against Iran

    Economy

    He told Israel's Prime Minister, Benjamin Netanyahu , that Iran would never have nuclear weapons. Speaking of Tel Aviv to Riyadh , at least one us president has made that trip. A World Bank administration official previously told The Associated Press that Trump wouldn't have a formal authority role in the fund or in soliciting donations but would be a "strong advocate".
  • Saudi Arabia and UAE pledge $100M to women's fund Ivanka Trump supports

    Economy

    President Donald Trump solemnly placed a note in the ancient stones of Jerusalem's Western Wall on Monday, sending a signal of solidarity to an ally he's pushing to work harder toward peace with the Palestinians. Trump is seeking to ease concerns that his policies won't be as beneficial to Israel as once believed. You have [Barack Obama] the apologist, the appeaser, versus [Donald Trump] the realist, and the individual that is willing to go up against evil, and confront evil, and identify ...
  • Ivanka Trump: I am excited to continue our trip in Israel

    Ivanka Trump: I am excited to continue our trip in Israel

    Economy

    After his shopping list of charges against Tehran , Trump finally called on "all nations of conscience" (like Saudi Arabia and Pakistan presumably) to "work together to isolate Iran ". "This is a matter that really should trouble us", said Israeli Energy Minister Yuval Steinitz prior to the weekly cabinet meeting, although Prime Minister Benjamin Netanyahu made no mention of the deal in his customary public remarks.