• US Stocks Open Lower On Continued Geopolitical Uncertainty
US Stocks Open Lower On Continued Geopolitical Uncertainty

Chart 2: Gold prices over the three last days. Missile makers Raytheon and Lockheed Martin have outperformed Wall Street by nearly 4 percent in recent days and the Dow Jones U.S. Alliance Data Systems fell $6.22, or 2.7 percent, to $225.70. On the Nasdaq , 1,846 issues fell and 953 advanced favoring decliners. Ralph Lauren gained $...

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  • Snap Inc. (NYSE:SNAP) Rating Reiterated by Drexel Hamilton
Snap Inc. (NYSE:SNAP) Rating Reiterated by Drexel Hamilton

Credit Suisse Group reaffirmed an outperform rating and set a $25.00 target price (down previously from $30.00) on shares of Snap in a research note on Monday, July 10th. Prospera Financial Services Inc acquired a new position in shares of Snap during the first quarter worth about $418,000. Finally, Dubuque Bank & Trust Co.

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  • Here's what to make of the Disney-Netflix breakup
Here's what to make of the Disney-Netflix breakup

Furthermore, Disney's CEO announced that it plans on launching a special streaming service of its own somewhere around 2018. The services offered in the streaming platform will reportedly include 10,000 sporting events per year, such as MLB, NHL , MLS, college sports and major tennis tournaments.

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  • Wisconsin's Jack Cichy will miss 2017 season after suffering torn ACL
Wisconsin's Jack Cichy will miss 2017 season after suffering torn ACL

In those starts, he had 60 tackles, including seven tackles for loss. Cichy still finished the 2016 season as an honorable mention on the All-Big Ten team despite being limited to seven games. Edwards, who had a team-high 89 tackles past year. Orr played one game in the 2016 season before attaining the same ACL injury that Cichy now has. "You o...

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  • United States stocks extend fall on North Korea tensions, S&P down 1pct
United States stocks extend fall on North Korea tensions, S&P down 1pct

Japan had said on Tuesday it was possible that North Korea had already developed nuclear warheads and warned of an acute threat posed by its weapons programmes as Pyongyang's continues missile and nuclear tests in defiance of United Nations sanctions.

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  • Musk fine-tunes Tesla with junk-fueled turbo boost
Musk fine-tunes Tesla with junk-fueled turbo boost

Tesla has abandoned plans to develop the Model Y around a new dedicated electric platform, and it will now use the same underpinnings as the Model 3 , Musk confirmed. Following the announcement, Standard & Poor's reaffirmed its negative outlook for the auto maker and assigned a "B-" rating for the bond issue - deep into junk credit territory.

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  • Kohl's Beats on Both Sales and Earnings Despite Retail Pressures
Kohl's Beats on Both Sales and Earnings Despite Retail Pressures

Analysts polled by research firm Consensus Metrix had estimated a 3 percent drop at Macy's and 1.5 percent at Kohl's. Atlantic Securities raised shares of Kohl's Corporation from an "underweight" rating to a "neutral" rating and raised their target price for the stock from $36.00 to $42.00 in a research note on Thursday, May 4th.

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  • Uber loses key exec Ryan Graves
Uber loses key exec Ryan Graves

A longtime Uber employee who previously served as its chief executive and general manager, Graves worked hand in hand with Uber's co-founder and most recent chief executive, Travis Kalanick, to recruit and train the company's first drivers seven years ago in San Francisco, according to "The Upstarts", a book about Airbnb and Uber.

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  • Sahara seeks a stay on auction of Aamby Valley
Sahara seeks a stay on auction of Aamby Valley

Two cheques, dated 15 June and 15 July, for Rs1,500 crore and Rs552 crore, respectively, had been handed over to the court. Instead of the monthly exercise of fixing the installment to be paid by Sahara, the court chose to go for the entire Rs9,000 crore that is still to be paid by the corporate house to market regulator Sebi.

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  • Tube and other 'not spots' to get London mayor's attention
Tube and other 'not spots' to get London mayor's attention

BAI Communications UK CEO Billy D'Arcy said: "Boosting the city's connectivity will inevitably deliver significant benefits to people who live and work in London , businesses, and the millions of visitors who pass through each year". The new Elizabeth Line, which will have its first journey in 2018, will launch with full mobile coverage services....

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  • Niels Christiansen replaces Bali Padda as the company's new CEO [News]
Niels Christiansen replaces Bali Padda as the company's new CEO [News]

Toymaker Lego named Niels Christansen as chief executive replacing Balid Padda. The company said Thursday that Padda, 61, was not meant to fill the CEO role for an extended amount of time due to his age. "Lego is a very performance-oriented company, and it may be that the company decided that it was time to make a change by letting go the perso...

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  • Disney reports $177M payment after 'pink slime' suit settled
Disney reports $177M payment after 'pink slime' suit settled

The two sides settled very rapidly, just three weeks into the South Dakota meat producer's case, and ABC's official statement calling it "an amicable resolution" was conspicuously devoid of an apology or retraction. Dan Webb, an attorney for BPI, said at the time he was "extraordinarily pleased" with the settlement, although the terms were unknow...

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  • Bank of England to keep animal products in banknotes despite public outcry
Bank of England to keep animal products in banknotes despite public outcry

This additional cost would have been paid for by the tax payer, leading the HM Treasury to recommend that switching to palm oil would not he value for money for tax payers. "Polymer is also stronger than cotton-paper and so notes will last longer, remain in better condition and deliver environmental benefits". Notes that contain traces of animal...

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  • Blackstone's Invitation Homes to buy Starwood Waypoint in all-stock deal
Blackstone's Invitation Homes to buy Starwood Waypoint in all-stock deal

The transaction has been unanimously approved by the boards of both Starwood Waypoint Homes and Invitation Homes . Invitation Homes and Starwood Waypoint Homes - two of the nation's largest owners of single-family rental houses - announced Thursday they are merging, creating a behemoth rental company as the country's home ownership rate ...

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  • Comparable sales fall again at Macy's
Comparable sales fall again at Macy's

He noted the sales benefited from new models for selling women's shoes and jewelry, as well as "successful testing" of its in-store Backstage outlets. The retailer's sales beat the FactSet Consensus, cited by MarketWatch , of $5.52 billion. Diluted earnings per share were $1.24 as compared to $0.77 the prior year.

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  • Investors seek safety as N. Korea tension escalates; stocks off, gold up
Investors seek safety as N. Korea tension escalates; stocks off, gold up

Bank shares were hit hard Wednesday and that pulled the Stoxx Europe 600 Bank Index down 1.4%, the biggest decline in three weeks and the first loss in five sessions. Secretary of state Rex Tillerson said yesterday North Korea posed no "immediate threat" and that "Americans should sleep well at night, have no concerns about this particular rhetoric...

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  • Sacré Bleu! French Telco Wants to Buy Charter
Sacré Bleu! French Telco Wants to Buy Charter

It pits Mr Drahi against SoftBank's Masayoshi Son in a battle for the hand of Charter, in which billionaire John Malone owns a 21 per cent stake. According to the report, Altice has yet to formally present any offer, but is working on a bid.

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  • Barrick Gold Corp (ABX) Given Average Rating of
Barrick Gold Corp (ABX) Given Average Rating of "Hold" by Brokerages

The business had revenue of $82.70 million for the quarter, compared to analyst estimates of $104.71 million. Current price level places the company's stock about -5.7% from the 52-week high and 35.17% away from the 52-week low. Thomas White International Ltd. now owns 352,791 shares of the basic materials company's stock valued at $931,000 after b...

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  • Fired Engineer Claims Google Is Conducting a Witch Hunt
Fired Engineer Claims Google Is Conducting a Witch Hunt

Damore's firing has sparked a furious debate both within and outside Google , with the alt-right reportedly outraged and even calling for a boycott of Google . The Bloomberg TV interview was Damore's first appearance on a mainstream media outlet. While Google has said the company respects freedom of expression, leadership have argued that D...

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  • UAE denies opening airspace to Qatar flights
UAE denies opening airspace to Qatar flights

The GCAA says it still "denies the opening of sovereign airspace" for transit by Qatari aircraft. Recently, the Montreal-based ICAO asked all member-states to abide by and comply with the Chicago Convention, and continue co-operation regarding aviation's safety and security and global civil aviation's efficiency and sustainability.

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