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Economy

US President Donald Trump "put a lot of pressure on" Israeli Prime Minster Benjamin Netanyahu and Palestinian Authority President Mahmoud Abbas to resume peace talks when he visited Israel and the West Bank, Secretary of State Rex Tillerson told reporters on Wednesday.
  • Donald Trump's Saudi trip ends, urges Muslim leaders to fight extremism

    Donald Trump's Saudi trip ends, urges Muslim leaders to fight extremism

    Economy

    On the other hand, U.S. embassy had stated on Sunday that a meeting between President Donald Trump and Prime Minister (PM) Nawaz Sharif was not scheduled. "Terrorism has spread all across the world", Trump said. "We have before us a rare opportunity to bring security and stability and peace to this region and to its people ", Mr Trump said upon his arrival in Tel Aviv .
  • At Least 2 Dead, Dozens Injured After Tornadoes Hit Wisconsin, Oklahoma

    Economy

    At least two dozen of the 50 or so trailers were destroyed. National Weather Service meteorologists say preliminary indications show eight tornadoes touched down in western Oklahoma on Tuesday. He said most of the damage is concentrated at a trailer park and turkey barns. She said initial reports were that it was more than 400 feet wide, and that it was "very fortunate" that it didn't strike in a more populated area.
  • Schlumberger Limited. (SLB) Coverage Initiated at HSBC Holdings plc

    Economy

    North American Management Corp who had been investing in Schlumberger Ltd for a number of months, seems to be less bullish one the $100.33B market cap company. Swiss Financial Bank holds 463,500 shares. Bamco reported 36,800 shares or 0.02% of all its holdings. Private Communication Na owns 7,412 shares or 0.1% of their U.S.
  • Dollar Tree, Inc. (DLTR) Releases Earnings Results, Hits Expectations

    Dollar Tree, Inc. (DLTR) Releases Earnings Results, Hits Expectations

    Economy

    RBC Capital Markets maintained the shares of DLTR in report on Wednesday, November 25 with "Outperform" rating. Finally, Thornburg Investment Management Inc. Taking a broader look brokerage firms' analysts on the street with an expectant view have Dollar Tree Inc (NASDAQ:DLTR) high price target of $101 and with a conservative view have low price target of $65.
  • Russian Federation and Saudi Arabia Commit to Oil Cuts Through Next Year

    Russian Federation and Saudi Arabia Commit to Oil Cuts Through Next Year

    Economy

    Break down of Libyan 1.7 million barrels per day (bpd) in oil exports in 2011. Yet, OPEC's own production rose in April, by 65,000 barrels daily last month, to 31.78 million bpd, with increased production in Nigeria and Saudi Arabia compensated for production outages in Libya and lower production rates in Iran, both exempt from the cut agreement.
  • Sears posts first quarterly profit in almost two years on cost cuts

    Sears posts first quarterly profit in almost two years on cost cuts

    Economy

    Closures aside, Sears posted an 11.9 percent drop in same-store sales, which accounted for another $417 million of its Q1 sales decline. Sears Holdings Corp ( NASDAQ : SHLD ) opened at 7.47 on Thursday. The original version of this report can be accessed at https://www.thecerbatgem.com/2017/05/25/sears-holdings-corp-shld-announces-earnings-results.html.
  • Officials back reducing bond holdings this year

    Officials back reducing bond holdings this year

    Economy

    They gave themselves an out. Gold prices were higher in European trade on Thursday, staying near the strongest level in around three weeks as the USA dollar slipped after the Federal Reserve signaled a cautious approach to future rate hikes and the reduction of its $4.5 trillion balance sheet.
  • Vereit (VER) Getting Somewhat Favorable Press Coverage, Report Shows

    Vereit (VER) Getting Somewhat Favorable Press Coverage, Report Shows

    Economy

    Independent Advisor Alliance's holdings in Vereit were worth $216,000 at the end of the most recent reporting period. Other hedge funds and other institutional investors have also bought and sold shares of the company. For trailing twelve months, EPS value for the stock is $-0.14. Shareholders of record on Friday, June 30th will be paid a $0.1375 dividend. This represents a $0.55 dividend on an annualized basis and a dividend yield of 6.73%.
  • Senate Investigators Slap Flynn With Two Fresh Subpoenas

    Economy

    Warner said earlier Tuesday he doesn't believe that Flynn's decision to invoke his Fifth Amendment rights gives him blanket immunity. The House Intelligence Committee is planning to subpoena Michael Flynn as a part of its investigation into Russian interference in last year's presidential election, Representative Adam Schiff said Wednesday.
  • Here's what the 'glowing orb' Trump touched in Saudi Arabia actually was

    Economy

    In his remarks, Mr Trump signalled his intention to end engagement with Iran, suggesting that it does not encourage change from inside the country. He called for unity in fighting terrorism and said "Islam is peace". Both the First Lady and the First Daughter-turned-Assistant to the President opted against wearing headscarves during their visit to Saudi Arabia.