• United Kingdom jobs to be axed in Tata Steel, Thyssenkrupp joint venture
United Kingdom jobs to be axed in Tata Steel, Thyssenkrupp joint venture

The new company , to be named Thyssenkrupp Tata Steel , will be headquartered in Amsterdam, the companies said on Wednesday after signing a memorandum of understanding (MoU). "This business combination creates a strong number two, and is thus much better positioned to cope with the structural challenges in the European steel industry.

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  • Wpp Plc (WPP) Shares Up 2.5%
Wpp Plc (WPP) Shares Up 2.5%

It operates through four divisions: Private Equity, Real Estate, Hedge Fund Solutions and Credit. Next quarter's EPS is expected be $0.45 and the next full year EPS is projected to be $1.69. The firm has "Buy" rating given on Wednesday, August 31 by Edward Jones. On September 14 the company was downgraded to "Hold" from " by Liberum. COPYRIGHT ...

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  • Aer Lingus pushes 'rescue' sale as Ryanair issues flight cancellations update
Aer Lingus pushes 'rescue' sale as Ryanair issues flight cancellations update

Michael O'Leary, the airline's chief executive, told a press conference on Tuesday that it was clear the debacle had a "large reputational impact" and apologised. O'Leary revealed that about 400,000 booked flights will be canceled . Ryanair on Monday offered pilots who agree to work an additional 10 days a bonus of up to 12,000 euros on condit...

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  • Pound Sterling Eyes Retail Sales Data for Direction Mid-Week
Pound Sterling Eyes Retail Sales Data for Direction Mid-Week

The Governor said Brexit was likely to push up inflation in the short term as fewer workers from overseas came to the United Kingdom, making it more hard for employers to recruit and so pushing up wages. This will increase pressure on the Bank of England to lift interest rates from record lows. In a speech in honour of former International Mo...

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  • Major Averages Close Mixed Following Fed Announcement
Major Averages Close Mixed Following Fed Announcement

From the Fed meeting, which starts Tuesday, investors will want to see details of plans to begin unwinding its $4.2 trillion portfolio of Treasuries and mortgage-backed securities, almost a decade after the global financial crisis. TOKYO: Asian shares slipped on Tuesday, hobbled by uncertainty as traders awaited a Federal Reserve meeting for clues ...

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  • Higher imports, domestic output boost USA oil stockpiles, DoE says
Higher imports, domestic output boost USA oil stockpiles, DoE says

The contract stated a weekly rise of 5.1 percent with its strongest form in almost two months. "Demand forecasts from OPEC and IEA... continued to improve sentiment in the market". Crude oil prices continued to climb on Wednesday, amid hopes for additional global supply cuts, while traders eyed the release of weekly USA stockpiles data due late...

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  • Toys
Toys "R" Us files for bankruptcy

The toy chain filed for bankruptcy-court protection Monday night, another in a string of specialty retailers felled by Wal-Mart Stores Inc ., Amazon.com Inc ., and the rest of the online onslaught. "We continue to offer incredible new seasonal products and great customer service, just as we always have". Suppliers are the ones who should be mos...

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  • Indicator Focus on Shares of iShares Currency Hedged MSCI Germany ETF (HEWG)
Indicator Focus on Shares of iShares Currency Hedged MSCI Germany ETF (HEWG)

Keep in mind when using this oscillator, that it takes four mathematical steps from price itself to create the 4th derivative, the histogram: Price = two ema averages = MACD line = Signal line = Histogram. Originally developed by Donald Lambert, the CCI was created to identify long-term changes in trends, but it has been used by traders for differe...

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  • Dow Jones up 44 heading to close as market awaits Fed meet
Dow Jones up 44 heading to close as market awaits Fed meet

Currently, the major averages are just above the unchanged line. The S&P 500 gained 2.61 points, or 0.10 percent, to 2,502.84. The Dow Jones Industrial Average climbed for a sixth consecutive session, hitting another record high, while the S&P 500 touched the 2,500 benchmark in its own run to an all-time peak, shrugging off geopolitical unc...

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  • Why Did Rite Aid (RAD) Stock Crash Today?
Why Did Rite Aid (RAD) Stock Crash Today?

Following the transaction, the chief operating officer now directly owns 1,690,336 shares of the company's stock, valued at $136,798,892.48. While monitoring stock technicals is important, most investors are more concerned with where the stock might be going now.

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  • Dominica islanders trapped as Hurricane Maria strengthens to category five storm
Dominica islanders trapped as Hurricane Maria strengthens to category five storm

Irma , also a Category 5 hurricane, left around 40 people dead in the Caribbean before churning west and pounding Florida, where the death toll stood at 50 Monday. Croix, which escaped the brunt of Irma's clout on September 6. Authorities in the United States territory of Puerto Rico , which faced the possibility of a direct hit, warned that...

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  • Mobile, Sprint merger talks reportedly back on
Mobile, Sprint merger talks reportedly back on

Those same sources say a deal is not imminent, and talks have not progressed on exactly how much stock would be exchanged. The wireless industry has become increasingly competitive and crowded, requiring companies to look for acquisition and/or partnership opportunities.

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  • Northrop Grumman to acquire Orbital ATK in deal worth $9.2 billion
Northrop Grumman to acquire Orbital ATK in deal worth $9.2 billion

Earlier this month, United Technologies said it would pay $22.75 billion for defense contractor Rockwell Collins. Orbital has billion-dollar contracts with NASA as well as the U.S. Orbital shares surged over 19% to $131.51 after hours. Northrop will assume $1.4 billion in Orbital's net debt as part of the deal, the companies said.

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  • Northrop Goes Deep Into Space With Orbital Buy
Northrop Goes Deep Into Space With Orbital Buy

Saudi Arabia has a pending deal to acquire $500 million in precision-guided munitions from the US, part of a proposed $110 billion arms package to Riyadh, which is enmeshed in a civil war in Yemen. The company also recently declared a quarterly dividend, which was paid on Wednesday, September 13th. Gyroscope Capital Mngmt Group Llc accumulated 0.2%...

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  • New Zealand Pipeline Leak Worse Than Expected
New Zealand Pipeline Leak Worse Than Expected

A number of flights have been cancelled on Monday in and out of Auckland International Airport (AIA.NZ) as well as other airports around the country, and airlines are having to fly in extra fuel. Refining NZ chief executive Sjoerd Post confirmed to Newshub a digger had scraped over it, and it will take 10 to 15 days to fix. There was no issue a...

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  • Call for full list of Ryanair cancellations
Call for full list of Ryanair cancellations

Flights from Dublin to London Gatwick and Amsterdam, along with flights from Brussels and Manchester to Dublin are among 12 Irish flights cancelled by the under-fire airline today. "We think it will cost us up to €5 million in the next 6 weeks, and the EU261 compensation up to €20 million". "I don't think heads will roll because the heads are fi...

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  • Hacked CCleaner Spreads Malware to 2.3 Million in Free App
Hacked CCleaner Spreads Malware to 2.3 Million in Free App

The malware reportedly tried to connect to unregistered websites in order to remotely download even more harmful programs to users' computers. In the Department of police of National police of Ukraine warns about infected by malicious software one of the updates of the popular program "CCleaner" created to assist users in the implementation of pl...

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  • ON Semiconductor Corporation (ON) Stock Rating Upgraded by BidaskClub
ON Semiconductor Corporation (ON) Stock Rating Upgraded by BidaskClub

Koch Industries Inc. purchased a new position in shares of ON Semiconductor Corporation in the second quarter worth approximately $432,000. The stock decreased 4.21% or $0.24 on September 15, reaching $5.46. Eagle Ridge owns 2.6% invested in Intel Corporation (NASDAQ:INTC) for 345,033 shares. Its down 14.91% from 189,800 shares previously. Alliance...

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  • Nordqvist wins Evian play-off for second major title
Nordqvist wins Evian play-off for second major title

British Open victor Kim In-kyung is in joint fourth along with world number one Lydia Ko and US Open victor Park Sung-hyun, with the trio three shots adrift of Jutanugarn. It might have been reduced to just 54 holes but the Evian Championship in Evian les Bains in France turned out to be no less dramatic than would have been the case over 72 holes.

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  • Ryanair Cancels Flights To Improve Punctuality
Ryanair Cancels Flights To Improve Punctuality

A full list of cancelled flights for 16 September can be found here. Never book with you again" and "This isn't good enough. The airline, which flies to more than a dozen destinations from Leeds Bradford Airport, says staff need to catch up with holiday entitlement .

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