• Etihad Airways says can not bail out Air Berlin
Etihad Airways says can not bail out Air Berlin

Etihad acquired a 29.2-per-cent stake in Air Berlin in 2012, becoming its largest shareholder and providing injections of capital to keep the airline afloat. Etihad provided 250 million euros of funding to Air Berlin in April. But it said the carrier's business "deteriorated at an unprecedented pace, preventing it from overcoming its significant ch...

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  • US Retail Sales Jumped 0.6 Percent In July
US Retail Sales Jumped 0.6 Percent In July

There were $478.9 billion in retail and food service sales in July, up 0.6% from the previous month and 4.2% from July 2016, according to the U.S. Census Bureau. Consumer spending accounts for around 70 percent of economic activity. From May through July, home furnishings store sales saw a 4.9% increase from the same three months last year at a...

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  • Home Depot reports higher revenue, beating expectations
Home Depot reports higher revenue, beating expectations

Home Depot Inc (NYSE:HD) has risen 18.65% since August 15, 2016 and is uptrending. It has outperformed by 14.63% the S&P500. Home Depot is set to report second-quarter earnings before the bell on Tuesday. Patriot Wealth Mgmt holds 1.43% or 56,510 shares in its portfolio. Schwab Strategic Tr Intl Eqty (SCHF) was raised too. Crow Timothy M sol...

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  • German economy, Europe's largest, posts 0.6 pct 2Q growth
German economy, Europe's largest, posts 0.6 pct 2Q growth

Germany maintained its solid economic performance, despite an unexpected yet mild slowdown in the second quarter. A growth rate of 0.6% q/q is expected for the 19-country currency bloc. "The economy looks strong and robust", supported by domestic demand, said Andreas Rees, UniCredit's chief Germany economist. The Xetra DAX in Frankfurt edged up 0.3...

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  • German Economy Expands On Domestic Demand In Second Quarter
German Economy Expands On Domestic Demand In Second Quarter

Carsten Brzeski, ING Bank NV economist, said Germany's economic success story goes continues and there is very little reason to fear a sudden end to the current performance. Unlike during the first quarter of 2017, trade was not a major driver of growth between April and June. A detailed GDP report is due August 25. The report comes as Germany en...

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  • Okazaki nets as Leicester lose to Arsenal in Premier League opener
Okazaki nets as Leicester lose to Arsenal in Premier League opener

The two early televised games accounted for 11 of the 18, as Watford scored in the 93rd minute to draw with Liverpool , and Burnley tallied three times before the break against 10-man Chelsea in a 3-2 victory. "There are nice days to come from me in an Arsenal shirt", he added. "We're gonna win the league!" sang the Leicester fans and they...

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  • Pandora Media names Roger Lynch as CEO
Pandora Media names Roger Lynch as CEO

Lynch's departure leaves a hole in the management of Sling TV which will be filled by Erik Carlson, Dish's president and COO, effective August 31. Pandora Media Inc. Pandora also announced it has also appointed Michael Lynton to its board of directors. Wall Street also endorsed Lynch's appointment, sending Pandora shares up almost 4 percent in ...

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  • S.Korean President vows to prevent war
S.Korean President vows to prevent war

Some analysts expect further escalation in the coming days as both North and South Korea celebrate the August 15 anniversary of the end of Japan's occupation of the Korean peninsula, and the latter conducts joint military exercises with the US from August 21.

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  • The alternative to nuclear war is a North Korean revolution
The alternative to nuclear war is a North Korean revolution

Here's the good news about the crisis over North Korea . I think that it's safe to say that we've all had enough of the daily soap opera in our country. According to the source, the talks are being held between Ambassador Joseph Yun, the US special representative for North Korea policy, and Pak Song Il, a senior North Korean diplomat at the co...

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  • North Korean Leader Briefed on Planned Missile Test Near Guam
North Korean Leader Briefed on Planned Missile Test Near Guam

Trump said it was time that somebody stood up to the pariah nation. He went on to repeat his charge that previous administrations had ignored the North Korean threat "and I had no choice but to take it on, and I'm taking it on". At times, the White House has tried to deprive Pyongyang of the attention experts believe its erratic leader seeks wit...

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  • Chinese state newspaper says Trump trade probe will 'poison' relations
Chinese state newspaper says Trump trade probe will 'poison' relations

U.S. officials, who spoke on condition of anonymity, bluntly accused China on Saturday of "stealing our intellectual property" - long a concern of Western companies seeking a share of the enormous Chinese market. Chinese suppliers send fabrics and other raw materials required for manufacturing clothing to North Korean factories across the border ...

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  • Shares, US dollar climb as N.Korea fears abate
Shares, US dollar climb as N.Korea fears abate

The euro rose 0.1 percent to $1.1827 and was approaching a 2-1/2 year high of 1.1910 hit earlier this month. It increased 144.25 points, or 0.66 percent, to 22,002.57 as of 1749 GMT, putting additional pressure on gold. However, the three major US stocks indexes managed to break a three-day losing streak on Friday as the chances of another interest...

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  • Under Armour CEO Kevin Plank steps down from Trump's manufacturing council
Under Armour CEO Kevin Plank steps down from Trump's manufacturing council

Ken Frazier, the CEO of pharma giant Merck , announced Monday morning that he was leaving the council over the response to Trump's response to Charlottesville, prompting angry tweets from the President. Appearing later Monday, Trump labeled members of the KKK, neo-Nazis and white supremacists who participate in violence as "criminals and thugs"....

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  • Top 5 Seahawks who shined in preseason victory over Chargers
Top 5 Seahawks who shined in preseason victory over Chargers

Mebane won't have much of an impact in helping fill StubHub Center, the Chargers' intimate temporary home before joining the Los Angeles Rams at their new stadium in Inglewood in 2020. The other bright spot occurred 17 seconds after the Seahawks gained the advantage on the road. He also ran 4 yards for a touchdown 29 seconds before halftime.

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  • Gold buoyed by North Korea tensions, United States inflation data
Gold buoyed by North Korea tensions, United States inflation data

According to the Associated Press, South Korea's Kospi lost 1.7 percent, while Hong Kong's Hang Seng slid 2 percent. Alibaba was up about 1.49 percent after Dan Loeb's Third Point bought 4.5 million shares in the Chinese e-commerce giant.

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  • Asian shares, dollar rally as North Korea blinks
Asian shares, dollar rally as North Korea blinks

The yen dropped 0.2 per cent to 109.41 per dollar. The yen weakened and gold halted its advance amid efforts from US officials to tamp down fears of imminent nuclear war with North Korea . For the near term at least, tensions over North Korea are expected to remain a key theme for global investors, weighing on risky assets including Japanese s...

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  • Which Direction Are Morgan Stanley Income Securities Inc (ICB) Shares Trending?
Which Direction Are Morgan Stanley Income Securities Inc (ICB) Shares Trending?

Moving averages can be very helpful for spotting peaks and troughs. A trend may remain in place until a specific technical line is breached. Market watchers diligently track the companies they think can do well to grow earnings. Developed by Donald Lambert, the CCI is a versatile tool that may be used to help spot an emerging trend or provide war...

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  • Dollar edges higher vs yen as concerns over North Korea tensions ease
Dollar edges higher vs yen as concerns over North Korea tensions ease

Gold was up USD3 at USD1293 an ounce, adding to 2-month highs. Greg McKenna, an analyst at AxiTrader, said the data could bolster the Federal Reserve's plan to start winding in its multi-trillion-dollar bond holdings balance sheet, expected to be announced next month.

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  • Farmers National Bank Acquires 167 Shares of Wal-Mart Stores, Inc. (WMT)
Farmers National Bank Acquires 167 Shares of Wal-Mart Stores, Inc. (WMT)

Apple Inc. (NASDAQ:AAPL) has risen 62.48% since August 14, 2016 and is uptrending. It has outperformed by 18.90% the S&P500. Advisors Asset Management Inc decreased Wal ( WMT ) stake by 8.98% reported in 2016Q4 SEC filing. (The) set a $84.00 target price on shares of Wal-Mart Stores and gave the company a buy rating in a research report on We...

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  • Movie Postal Service LoveFilm To Close In The UK
Movie Postal Service LoveFilm To Close In The UK

In a statement, Amazon said the rise of streaming services over renting DVD and Blu-Ray discs had contributed to its decision. Today, Amazon is hammering another nail into the coffin of DVDs with the closure of its "Lovefilm by Post" business.

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  • American Midstream Partners LP
American Midstream Partners LP

The stock declined 0.86% or $0.27 reaching $31.06 on the news. About 279,117 shares traded. It has underperformed by 31.65% the S&P500. LGL's SI was 2,000 shares in August as released by FINRA. Therefore 44% are positive. Enlink Midstream Partners had 38 analyst reports since August 6, 2015 according to SRatingsIntel. The ex-dividend date of this d...

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  • Stock'S Earning Overview Tesla Motors, Inc. (TSLA)
Stock'S Earning Overview Tesla Motors, Inc. (TSLA)

Personal Capital Advisors Corp boosted its position in shares of Tesla by 2,038.4% in the first quarter. In its first foray into selling pure debt, Tesla priced the eight-year non-call three-year bond on Friday at a final yield of 5.3 percent, or about 5 basis points higher than launch levels.

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  • Berkshire Reports Synchrony Stake, Building Credit-Card Bet
Berkshire Reports Synchrony Stake, Building Credit-Card Bet

But a disappointing outlook during the company's July earnings conference call further pressured shares. Shares of General Electric are down almost 20 percent thus far in 2017, a stark underperformance compared with the index, which has risen more than 11 percent.

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  • Mattis, Tillerson say USA prefers diplomacy to change N. Korea
Mattis, Tillerson say USA prefers diplomacy to change N. Korea

That new policy, they said, is centered on applying diplomatic and economic pressure on North Korea to achieve a complete, verifiable and irreversible denuclearization of the Korean Peninsula, and a dismantling of the North's ballistic missile program.

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  • Chinese Firm Makes Buyout Offer For Fiat Chrysler Automobiles NV
Chinese Firm Makes Buyout Offer For Fiat Chrysler Automobiles NV

Goldman Sachs maintained the stock with "Buy" rating in Friday, April 21 report. Shares of Fiat Chrysler Automobiles ( FCAU - Free Report ) soared 8% in morning trading on Monday following the news that the company turned down a buyout offer from an unnamed Chinese automaker because it wasn't high enough.

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  • Target Corporation (TGT) Acquires Transport Specialist Grand Junction
Target Corporation (TGT) Acquires Transport Specialist Grand Junction

Upon the close of the acquisition, Grand Junction CEO Rob Howard will become Target's VP of technology, and his company's employees will become Target team members. Target Corporation shares were trading at $55.84 per share on Monday morning, up $0.81 (+1.47%). Notably, Howard will become vice president of technology at Target.

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  • Sahara's Aamby Valley goes under hammer
Sahara's Aamby Valley goes under hammer

The Bombay High Court on Monday put Sahara's luxurious Aamby Valley property, near Pune, up for auction. According to the public notice issued by the official liquidator, the properties are being auctioned in two phases given the quantum of the properties to be sold.

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  • MagnaChip Semiconductor Corporation (MX) Receiving Somewhat Positive News Coverage, Study Finds
MagnaChip Semiconductor Corporation (MX) Receiving Somewhat Positive News Coverage, Study Finds

The forward P/E ratio stands at 12.65. The Company's divisions include North America, Europe and Asia-Pacific. Investors and Traders continue to monitor technical levels of shares of Cypress Semiconductor Corporation (CY ). It also upped Booz Allen Hamilton Hldg Cor (Call) (NYSE:BAH) stake by 56,900 shares and now owns 66,800 shares. Magnachi...

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  • San Francisco and California Sue Trump Administration Over Sanctuary City Crackdown
San Francisco and California Sue Trump Administration Over Sanctuary City Crackdown

California will sue the Trump administration over a threat to withhold grant funds from sanctuary cities, a spokesperson for the California's attorney general office told Reuters on Monday . Pursuant to a court order, the Executive Order is subject to a nationwide injunction at this time. Read San Francisco's latest lawsuit below . Herrera, w...

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  • FxWirePro: Gold breaks key resistance line; rise to $1360 likely
FxWirePro: Gold breaks key resistance line; rise to $1360 likely

Nine of the index's 10 main groups advanced. The Korean won also continued to fall, down 0.45 percent to 1,147.2. The euro declined against its major counterparts in the early European session on Friday, as European shares declined after US President Donald Trump further ratcheted up the rhetoric over North Korea , suggesting that his " ...

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  • Aldi Entering the Grocery Delivery Business with Instacart
Aldi Entering the Grocery Delivery Business with Instacart

The discounter has appointed the third-party delivery service to courier its groceries to customers in three U.S. cities: Los Angeles, Atlanta and Dallas. " Aldi has also been expanding its selection of organic food and remodeling stores to take on Whole Foods", she reports . Instacart's personal shoppers do the rest.

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  • North Korea nerves rattle stocks, lift gold, yen
North Korea nerves rattle stocks, lift gold, yen

The Korean story has seen the yen gain around 1.5 percent this week, its biggest rise since mid-May. Japanese markets were closed for a holiday but the yen powered on, hitting an eight-week high of 108.91 yen to the dollar, adding to its biggest weekly gain since May.

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  • Ryanair Calls For Tighter Rules On Selling Alcohol In Airports
Ryanair Calls For Tighter Rules On Selling Alcohol In Airports

A former crew member, Ally Murphy, who quit in October last year after 14 years, told "Panorama": "People just see us as barmaids in the sky", and added she had been groped on occasion by drunken passengers. A House of Lords committee report earlier this year called for tougher rules on the sale of alcohol at airports. Europe's biggest airline sa...

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  • Controversial Garden Bridge project scrapped
Controversial Garden Bridge project scrapped

Commenting on the decision to drop the project, Mr Khan said it was his "duty to ensure taxpayers' money was spent responsibly". £50m of taxpayers' money has already been spent on the project and last week, Mr Khan confirmed none of that will be recovered.

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  • VF Corp. Adds to Portfolio With $820 Million Purchase of Williamson-Dickie
VF Corp. Adds to Portfolio With $820 Million Purchase of Williamson-Dickie

Williamson-Dickie, founded in 1922 as a bib overall maker, is the world's leading provider of professional grade performance workwear. "This acquisition combines two great companies and a group of iconic brands to create a global leader in workwear with approximately $1.7 billion in annual revenue", Rendle said in a prepared statement.

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