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4 tornadoes confirmed in San Antonio area, damaging dozens of homes

High winds toppled trees, ripping roofs off of homes, even leveling some of the dwellings. At least 100 structures were damaged in the storm, many of which were homes. He says five minor injuries were reported in the area. While the storm totally flattened some homes, the majority of the damage was structural or related to roofing, San Antonio Fire Department Lt. Read More »

Cong accuses PM of playing 'polarising' card, seeks EC action

Mittal. "Our Constitution does not allow anyone to divide the nation, be it on caste or religion basis". In the lead up to the 2014 national election that witnessed Modi's BJP winning power in a landslide, a state minister dubbed the BJP stalwart as "the biggest terrorist". Read More »

Global arms sales reach highest level since end of Cold War


Russian Federation accounted for a 23 per cent share of global exports in the period between 2012 and 2016. Nearly all the states in the region increased their arms buying, the report points out. The Institute's database covers the period since 1950, while describing the trends in global military transfers, the experts examined an average performance of a five-year period. Read More »

Tamil Nadu CM Palaniswami wins trust vote after chaos


The MPs, who approached the EC, belong to former Chief Minister Panneerselvam's camp. Tamil Nadu Politics which were on a boil for the last couple of months got relaxed at least temporarily with Palaniswami winning the Trust Vote comfortably. Read More »

Chelsea manager Antonio Conte pays tribute to Lincoln's FA Cup story


However, Conte believes the result at Molineux - secured through second-half goals from Pedro and Diego Costa - justified his decision and merely highlighted the strength in depth at his disposal. With over 35 places separating the two sides in the English pyramid and the weight of history greatly favouring Chelsea , Lambert is not self-deprecating when he casts Wolves as the underdogs. Read More »

First North Korea passport holder arrested in Kim Jong Nam assassination

Speaking to reporters outside the morgue late on Friday, Pyongyang's ambassador said Malaysian officials may be "trying to hide something" and "colluding with hostile forces". China, the North's only major ally, said on Saturday that it would suspend all imports of coal from North Korea for the rest of the year, depriving Pyongyang of a crucial source of foreign exchange. Read More »

GST Council approves law for compensating states' revenue loss


According to ET Now , the Council has approved the draft Compensation Bill which the government hoped soon it would be able to table it in Parliament. The proposed tax regime will create a unified, common market that will help lower the tax burden, shore up revenues of the Centre and states, temper inflation and step up economic growth by 1-2 percentage points in the medium term, analysts say. Read More »

Janet Yellen warns Trump against short-termism


Trump reflation trades were back in vogue after Yellen said waiting too long to raise rates could disrupt financial markets. She reiterated that falling behind on inflation could harm the economy and possibly cut short the expansion. The yield on the interest-rate sensitive 2-year Treasury note jumped 0.04 of a percentage point to 1.24 per cent, the U.S. dollar rallied. Inflation also showed signs of rising to a healthier level. Read More »

Unilever surges on Kraft Heinz's $143bn takeover bid


U.S. stocks edged to fresh records on Friday (Feb 17), shrugging off early weakness as news that Kraft Heinz plans to seek a takeover of Unilever sent shares of both companies surging. London's main index may have been boosted by weakness in sterling, which briefly dipped below $1.24 against the USA dollar after earlier breaching the $1.25 mark on news of lower than expected retail sales. Read More »

Is Verizon's New Unlimited Plan Really The Best One Out There?

Previously, AT&T's plan, which includes unlimited data, talk and text for $100 a month for a single line, only applied to its DirecTV and U-Verse subscribers. While tethering after this point is still unlimited, it falls back to Verizon's 3G network, which tends to average speeds of about 850 kbps. T-Mobile was the first to respond, upgrading its video and hotspot specs to match Verizon's promise of HD video and 10 GB of high-speed hotspot data. Read More »

Twitter reacts to SA banks collusion

The outcome of the investigation comes as President Jacob Zuma and his governing ANC step up pressure to break the dominance of South Africa's largest lenders and improve access to the economy that still eludes numerous country's black majority nearly 23 years since the end of apartheid. Read More »

Canada Goose Is Chasing A Dual IPO

Shares will trade on both the NYSE and Toronto Stock Exchange under the ticker symbol "GOOS". Proceeds from the IPO will be used to pay down debt and for working capital and general corporate purposes, the filing shows. It has owned a large part of Canada Goose since 2013, when the company was valued at $250 million. Risks to the business include the expense of expanding into new markets and competition. Read More »

Edapaddi Palanisamy Sworn In As Chief Minister Of Tamil Nadu

With this, Sasikala stands disqualified to take over as Tamil Nadu chief minister. His conduct had come under severe criticism from the supporters of Sasikala and members of the Congress party who alleged that the Governor was acting at the behest of the BJP government at the centre, which has been looking for a toehold in Tamilnadu. Read More »

Aetna Merger With Humana Canceled

US-based global health service company Cigna has called off a proposed merger agreement with Anthem following an order from the US District Court for the District of Columbia and demands more than $14.85 billion compensation from Anthem. Anthem lawyers call Cigna's action's "invalid". These two, not so much: Cigna claims Anthem violated the terms of their agreement, and that its strategy was the deal's downfall. Read More »

January Retail Sales Were Up-But Not by Much

Americans are enjoying solid job and income growth, low gas prices and reduced debt. Department store sales climbed 1.2%, the biggest increase since December 2015. Sales at clothing stores increased 1.0%, the largest rise in almost a year. That was also below the 1.4 percent gain expected by economists. Strong sales results across many categories offset disappointing auto sales in January 2017. Read More »

The Cardinal Capital Management Raises Position in Coca-Cola Company (The) (KO)

The stock has 52-week high of $47.13 and 52-week low of $39.88. The company has a Mean Recommendation of 2.58 based on a scale of 1-5 provided by Thomson Reuters. Studies indicate that the stock prices of firms with significant positive earnings surprises show above-average performance, while those with negative surprises have below-average performance. Read More »

Engine maker Rolls-Royce reports record £4.6bn annual loss

In restructuring mode following a string of profit warnings, Rolls said more costs needed to be taken out of the business after its 2016 profit fell by 49 percent to 813 million pounds on an underlying basis - an outcome that did, however, exceed analysts' expectations. Read More »

New Jersey ranks 29th on list of number of structurally deficient bridges

The report says Texas has identified 12,048 bridges in need of fix, which the state estimates would cost about $2 billion. A new report says that New Jersey ranks 29th on a list of the number of structurally deficient bridges. Mary parishes. While these bridges may not be imminently unsafe, they are in need of attention. That number includes an eye-popping 1,790 bridges in North Carolina. Read More »

Lawmakers address concerns over future of health insurance


The rule proposes that for 2018, HHS would defer to states to assess network adequacy. "I think you will see a lot more withdrawals this year of plans", Bertolini added. The change will align the marketplaces with the employer-sponsored insurance market and Medicare. Humana's recently-failed merger partner Aetna also pulled out of the exchange marketplace in all but four states back in August. Read More »

Restaurant Brands (QSR) Reports Q4 Earnings & Revenues Beat


Our continued focus on guest satisfaction and value creation for all of our stakeholders has resulted in accelerated restaurant development and continued system-wide sales growth at both of our iconic brands, TIM HORTONS® and BURGER KING®. Last year, Restaurant Brands signed development agreements in both Indianapolis and Minneapolis. 3G Capital has made a name by acquiring major USA consumer companies including Kraft Heinz Co. Read More »

USA stocks flat; P&G rises on activist stake


Trian Fund Management was expected to report its P&G investment to the U.S. Securities and Exchange Commission Tuesday, the newspaper reported. The Procter & Gamble Company (NYSE:PG) [ Trend Analysis ] try to make new thrust in street and making different trends, stocks trading ended with -0.51% to $87.86. Read More »

Groupon reports mixed Q4, paid nothing for LivingSocial

The Average Volume for the stock is measured as 11.93 Million. While the stock has posted a strong rally over the past year, its 52-week remains at $5.94. CoreCivic, Inc. (NYSE:CXW) reported a key measure of profitability in its fourth quarter. Groupon released its fourth quarter earnings report before opening bell this morning, posting 7 cents per share in adjusted earnings on $934.9 million in revenue. Read More »

Cigna seeks to terminate merger with Anthem, sues insurer for $13B

U.S. District Judge John D. Bates said the Aetna-Humana deal would have been anticompetitive and raised prices for consumers, specifically in the business of selling private Medicare plans in hundreds of counties and in the health insurance exchanges set up by the Affordable Care Act in three counties in Florida. Read More »