Economy

The committee has tried another way to receive the documents by issuing two subpoenas for two of Flynn's former businesses. The House committee's subpoenas "will be created to maximize our chance of getting the information that we need", Schiff told reporters at a breakfast hosted by the Christian Science Monitor .
  • GameStop posts first sales increase in five quarters

    Economy

    The company has grown 57.93% in past 3 months and in the last five trades has moved up 2.69. It increased, as 56 investors sold GME shares while 100 reduced holdings. Since the start of the New Year, GameStop Corp. Its last 5-Year EPS growth stands at 7.10% with earnings growth of -13.60% yoy. Heading into the earnings release, covering sell-side analysts have a consensus target price of $23.91 on GameStop Corp.
  • China's credit rating downgraded by Moody's from Aa3 to A1

    Economy

    China has rejected a move by Moody's to lower its credit rating, saying the downgrade exaggerates the difficulties facing the economy and underestimates the government's reform agenda. China's growth past year, down from 6.9 per cent in 2015 - the slowest growth since 1990. Botham says that while China is not over-reliant on foreign lenders - external debt represents 13 per cent of GDP - the downgrade may destabilise the markets.
  • Cheniere Energy Partners (CQP) Earning Positive Press Coverage, Study Finds

    Economy

    The number of shares traded in the last trading session was 4.69 Million. (NYSE:JPM) has risen 33.74% since May 24, 2016 and is uptrending. It has underperformed by 23.83% the S&P500. The Company's subsidiary includes LCNB National Bank (the Bank). Its up 0.89% from 11.53 million shares previously. Finemark Bancorporation Tru invested in 1,127 shares or 0% of the stock.
  • Nigeria oil minister says not opposed to eventually joining output cuts

    Economy

    Later in the briefing, the minister also said Kuwait had informally raised both options with its Opec counterparts. "This is a demonstration of the commitment of participating countries to continue their cooperation until the achievement of the goal of rebalancing the market", OPEC secretariat said in a statement.
  • OPEC delegates see nine-month cut extension as most likely decision

    Economy

    More than 400 oil rigs are now working US shale fields — an increase of more than 120 percent compared with a year ago. It does not track stockpiles in China and India, the world's No. Despite potential volatility, the minister said he expects the situation to continue improving assisted by a more robust global economy and higher GDP in 2017, as well as fairly healthy oil demand growth this year, particularly in Asia.
  • Opec extends oil production cuts

    Economy

    The. OPEC oil ministers meeting this week appear damned if they don't extend production cuts - and only slightly less damned if they do. Jabbar Ali Hussein Al-Luiebi, his Iraqi counterpart, said "We support the proposal for nine months", while a committee of all nations participating in the cuts also are recommending a nine-month extension on Wednesday.
  • OPEC and other nations set to extend output cuts

    Economy

    Later Thursday, Falih said "more time is needed" to help draw down inventories and balance the market. "This goal is important not only for us but also for consumers, as it ensures a sustainable future for oil supply and demand-the absence of which may produce seriously unwelcome outcomes such as price spikes and risks to global energy security".
  • OPEC meets to extend oil cuts for up to one year

    Economy

    While, OPEC's cuts have helped oil again to go back above $50 a barrel this year, which has given a fiscal boost to producers. Non-OPEC countries led by Russian Federation chipped in with a further 600,000-barrel reduction. that won't be necessary", Saudi Energy Minister Khalid al-Falih said before the meeting. He added that OPEC members Nigeria and Libya would still be excluded from cuts as their output remained curbed by unrest.
  • Royal Bank of Canada's quarterly earnings beat market forecasts

    Economy

    A number of other large investors have also added to or reduced their stakes in RY. Checchi Capital Advisers LLC boosted its position in shares of Royal Bank of Canada by 3.0% in the first quarter. Jarislowsky Fraser Ltd now owns 16,814,046 shares of the financial services provider's stock worth $1,139,325,000 after buying an additional 128,191 shares during the last quarter.
  • Fallout in Israel from Trump sharing intel with Russian Federation

    Fallout in Israel from Trump sharing intel with Russian Federation

    Economy

    In April, Trump said he was convinced that an end to the violence was within reach . Trump , during his run for the White House , said he would move the USA embassy to Jerusalem , but has since backed off that pledge. On Tuesday, he is set to meet with Palestinian lead Mahmoud Abbas in the West Bank and deliver a speech at the Israeli Museum. "I make this promise to you: My administration will always stand with Israel", he said.