• 3% Treasury Yield Triggers Puzzling Market Reaction
3% Treasury Yield Triggers Puzzling Market Reaction

Increased supply weighs on bond prices and yields move inversely to those prices. The 10-year yield has climbed steadily since ending 2017 at 2.41 percent. "The Treasury market, from last October, has really been the epicenter of the moves in global bonds ", said Francesco Garzarelli, co-head of macro and markets research at Goldman Sachs.

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  • FTC probes unfair biz practices at Korean Air
FTC probes unfair biz practices at Korean Air

The customs office on April 23 carried out a search of Korean Air's headquarters over suspicions that the family members of Chairman Cho Yang-ho sneaked luxury goods into Korea without paying duties. Heather Cho served 5 months of a one-year jail sentence over the 2014 "nut rage" incident after a Korean courtroom discovered her responsible of viola...

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  • 12-year-old steals mom's credit card for flight to Bali
12-year-old steals mom's credit card for flight to Bali

In early March, he caught a train to Sydney Airport where he used a self-service terminal to check in and flew with Jetstar from Sydney to Perth. The boy, whose story will be told on Australian TV show A Current Affair on Monday, said he looked up which airlines allowed him to travel without needing a letter from a parent.

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  • Woman fined $500 for saving free Delta Air Lines snack
Woman fined $500 for saving free Delta Air Lines snack

Unfortunately for Crystal, a random check made her trip expensive by $500. When she contacted Delta about the incident, they responded by tweeting the agricultural rules and regulations, which state that many food products are prohibited entry into the U.S.

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  • Passenger removed from Miami to Chicago flight used racial slurs, officials say
Passenger removed from Miami to Chicago flight used racial slurs, officials say

An argument broke out and the plane's crew asked all passengers to disembark from the plane until things were sorted out, but Garcia refused to go, and police were called in. The police report says a female passenger sitting next to him complained that he had touched her without permission, and airline staff asked him to switch seats.

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  • TCS becomes first Indian IT major to cross $100-billion market cap
TCS becomes first Indian IT major to cross $100-billion market cap

In the fourth quarter of the 2017 fiscal, TCS dollar revenue increased 3.9 per cent (2% in constant currency terms) to $4.97 billion. Only about 65 countries of the world have their GDP value in excess of the market-cap of TCS . Gopinathan said the "digital opportunity" globally runs in the billions as these new technologies are becoming increas...

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  • Eddie Lampert's Hail Mary Attempt to Save Sears
Eddie Lampert's Hail Mary Attempt to Save Sears

That sent shares of Sears Holding Corp., which have lost more than 70 percent of their value in the past year, up by more than 7.6 percent in trading Monday on the Nasdaq Exchange. The letter noted that ESL did not care whether it or another third-party ultimately took over the assets, so long as they were divested "in the near term at a full and...

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  • Alphabet Earnings: Stock Rises as Revenue, Profit Easily Beat
Alphabet Earnings: Stock Rises as Revenue, Profit Easily Beat

Alphabet posted its strongest sales growth in nearly four years, indicating marketers kept flocking to its services even as lawmakers scrutinized how Internet companies harness user data to sell ads. The same treatment would apply to stakes in other private companies Google had acquired through its GV venture capital unit. Operating income - a...

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  • Were Analysts Bullish Severfield plc (LON:SFR) This Week?
Were Analysts Bullish Severfield plc (LON:SFR) This Week?

Deutsche Bank maintained the stock with "Buy" rating in Monday, February 20 report. The rating was maintained by Peel Hunt with "Buy" on Tuesday, December 5. It has underperformed by 11.55% the S&P500.The move comes after 8 months positive chart setup for the $654.35M company. Since October 30, 2017, it had 1 insider purchase, and 1 insider sale ...

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  • Metals Tied to Russia Slide on Softer Sanctions Position
Metals Tied to Russia Slide on Softer Sanctions Position

Aluminum prices fell by 8%, after a the Treasury Department said it would reconsider its stance on sanctions affecting Rusal , if Oleg Deripaska relinquished control in the company. The selloff in aluminium after the Treasury announcement spread through other commodity markets on optimism the United States is not likely to impose further sanc...

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  • Acadia Realty Trust (AKR) Stock Rating Lowered by ValuEngine
Acadia Realty Trust (AKR) Stock Rating Lowered by ValuEngine

Technology Crossover Management Vii Ltd who had been investing in Netflix Inc. for a number of months, seems to be less bullish one the $142.24B market cap company. Citigroup maintained it with "Buy" rating and $92 target in Wednesday, July 19 report. (NYSE:DKS) has "Neutral" rating given on Monday, August 10 by Credit Suisse.

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  • Police chief apologizes to men from Starbucks
Police chief apologizes to men from Starbucks

They're using the right language, for the most part. Robinson said he briefly wondered what he might have done to bring the moment on himself. "Everyone is blind to it, but they know what's going on, " he said. He then sat down with Robinson, and the manager approached them and asked if she could bring them anything. "The apologies are fine...

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  • Ibis Capital Partners Llp Maintains Stake in Comcast Corp New (CMCSA)
Ibis Capital Partners Llp Maintains Stake in Comcast Corp New (CMCSA)

The stock decreased 2.21% or $0.59 during the last trading session, reaching $26.14. But rational stock traders and investors always measure the stock value vigilantly by looking at the market's trends deeply. It dived, as 75 investors sold CMCSA shares while 544 reduced holdings. About 13.48M shares traded. Greystone Managed Invests Inc holds 0....

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  • Lookout for These Two Stocks: Microsoft Corporation (MSFT), Eldorado Gold Corporation (EGO)
Lookout for These Two Stocks: Microsoft Corporation (MSFT), Eldorado Gold Corporation (EGO)

Insiders have sold a total of 10,000 shares of company stock valued at $930,900 over the last ninety days. 5,999 shares valued at $412,341 were sold by Bernstein David on Tuesday, February 13. Davidson Advisors holds 3.78% or 425,860 shares. Qci Asset New York invested in 188,143 shs or 1.65% of the stock. Shamrock Asset Management Ltd Liability Co...

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  • FAA orders more inspections of jet engines following deadly Southwest Airlines accident
FAA orders more inspections of jet engines following deadly Southwest Airlines accident

The Federal Aviation Administration followed suit with its own " Emergency Airworthiness Directive " Friday afternoon. That affects about 352 engines in the United States , or 681 worldwide. The SB recommends inspections at different thresholds for all blades, with the highest-time blades-those with 30,000 or more cycles-needing inspections im...

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  • Pennon Group (PNN) Given
Pennon Group (PNN) Given "Buy" Rating at HSBC

The rating was maintained by Liberum Capital on Monday, November 2 with "Buy". The rating was upgraded by Numis Securities to "Add" on Thursday, February 8. The stock decreased 2.89% or GBX 35 during the last trading session, reaching GBX 1175. About 247,567 shares traded. Below is a list of Synthomer plc (LON:SYNT) latest ratings and price target ...

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  • Sunny but windy today and tomorrow; some frost possible overnight
Sunny but windy today and tomorrow; some frost possible overnight

There's a chance of a few strong storms on Sunday in parts of west and south Alabama. The National Weather Service office in Valley, Nebraska, said highs Sunday should reach the 60s. Next week I have included a chance for showers and thunderstorms by Wednesday with temps holding below average for this time of year. Highs Wednesday throu...

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  • Friday's First Warning Forecast: Sunny but chilly again
Friday's First Warning Forecast: Sunny but chilly again

Temperatures will dip a bit after Wednesday's rain, but it's still well above where we've been for nearly all of April. It may also be the day we finally have an average day, completing what may be a 26 day stretch with highs below average.

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  • CNX Midstream Partners (NYSE:CNXM) Getting Somewhat Positive Media Coverage, Report Shows
CNX Midstream Partners (NYSE:CNXM) Getting Somewhat Positive Media Coverage, Report Shows

It is down 38.73% since April 19, 2017 and is downtrending. It has underperformed by 36.00% the S&P500. World equity markets climbed to approach a four-week high on Wednesday, as shareholders' appetite for the riskier asset was boosted by upbeat earnings from companies in Europe and the US.

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  • Pound Pressured on Rate Hike Uncertainty
Pound Pressured on Rate Hike Uncertainty

In a speech at the University of Strathclyde in Glasgow, Saunders said: "Gradual" does not imply that the MPC can only raise rates at a very low frequency, such as once per year". He did note the uncertainties surrounding Brexit, but said the provisional agreements between the United Kingdom and European Union have "probably reduced some near-term ...

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