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Economy

The most-traded copper contract on the Shanghai Futures Exchange slipped 0.6 percent to 45,770 yuan ($6,679) a tonne. Compared with the previous month's 51.2, the official Purchasing Managers' Index stood at 51.2 in May. " China Factory Activity Holds Steady in May", at 0119 GMT, in the fifth paragraph misstated that the figure was for April. The latest reading reaffirmed a stabilizing Chinese economy, said Zhang Liqun, a researcher with the Development Research Center under the State ...
  • Digging Up the Facts on Wal-Mart Stores, Inc. (WMT)

    Economy

    Asset Planning Services Ltd. now owns 1,511 shares of the retailer's stock worth $109,000 after buying an additional 11 shares during the period. The stock has a 1-year performance down -86.15% and negative at -13.24% in last five trading sessions.
  • Mile Island owner threatens to close ill-fated plant

    Economy

    The Three Mile Island Generating Station in Pennsylvania , the site of the worst nuclear accident in the United States four decades ago, announced on Tuesday that it would close in 2019 pending major policy reforms. Pennsylvania ranks as the state with the second most nuclear capacity in the country, second only to IL. In Tuesday's announcement, Exelon noted that nuclear power - despite producing 93 percent of Pennsylvania's emissions-free electricity - is not included in the state's ...
  • May Says Corbyn Would Be 'Alone and Naked' During Brexit Talks

    May Says Corbyn Would Be 'Alone and Naked' During Brexit Talks

    Economy

    After Brexit, EU nationals are likely to require a visa to live and work in the United Kingdom as both the Conservatives and Labour have vowed to end freedom of movement. "I never get upset by these things, never be so high and mighty that you can't listen to everybody else and make sure that you understand the motives of the majority of our people and the kind of society that we want to live in".
  • Aldi and Lidl see sales grow nearly 20% as inflation hits households

    Aldi and Lidl see sales grow nearly 20% as inflation hits households

    Economy

    All of the UK's " Big Four " retailers saw an increase in sales since the same period a year ago, with Morrisons (+1.9%) and Tesco (+1.8%) seeing the biggest gains. " Asda has also increased shopper numbers by over 360,000 in the past 12 weeks". "Own-label is also a major source of growth for all of the retailers, with sales up an impressive six per cent year-on-year in contrast to branded products which grew by just 0.6 per cent during the same period".
  • Veeva Systems Sees Unusually Large Options Volume (VEEV)

    Economy

    Tower Capital Ltd Com (Trc) reported 0% stake. Its up 1.34% from 13.41 million shares previously. The transaction was disclosed in a filing with the SEC, which is available at this link . The company was initiated on Monday, January 4 by Needham. Veeva Systems Company Profile Veeva Systems Inc (Veeva) is a provider of cloud-based software solutions for the global life sciences industry.
  • Saudi Arabia To Trim Oil Exports To US To Force Inventories Lower

    Economy

    The deal was reached in December 2016, in which OPEC and 11 non-members, including Russian Federation, agreed to cut output by about 1.8 million barrels per day (bpd) in the first half of 2017. One supportive factor for oil prices have been U.S. data showing seven weeks of draws on domestic crude inventories, said Mark Watkins, regional investment manager at U.S.
  • British Airways says power surge knocked out back-up systems

    British Airways says power surge knocked out back-up systems

    Economy

    British Airways canceled all flights from London's Heathrow and Gatwick airports on Saturday as a global IT failure upended the travel plans of tens of thousands of people on a busy United Kingdom holiday weekend. The company, part of International Consolidated Airlines Group SA, warned of congestion at Heathrow and advised passengers only to go to the airport if they had a confirmed booking.
  • The Biffa PLC's (BIFF) Buy Rating Reiterated at Numis Securities Ltd

    Economy

    They set an "outperform" rating and a GBX 1,240 ($16.13) price target for the company. The firm has a 50 day moving average of GBX 125.91 and a 200 day moving average of GBX 115.56. The Vermont-based Manchester Ltd Liability Company has invested 0% in Restaurant Group PLC (LON:RTN). TRADEMARK VIOLATION NOTICE: "Weir Group PLC (WEIR) Receives GBX 1,870 Average PT from Analysts" was reported by Transcript Daily and is the sole property of of Transcript Daily.