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Mercedes-Benz teams with Vivint Solar to tackle energy storage

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The company builds 2.5kWh lithium-ion batteries in Germany, which can be interconnected to create a system as large as 20kWh. Vivint Solar (VSLR) shares were up almost 2% in early market trading Thursday after the company announced a partnership with German automaker Daimler AG (DDAIF) to produce home batteries, tapping into an industry that generated $320 million in revenue previous year. Read More »

Russia, Saudi Arabia back extension of oil output cuts

Overnight, crude futures settled higher on Wednesday, as investors cheered the release of a bullish report from the Energy Information Administration (EIA), showing US crude inventories fell for a sixth-straight week. The second source also saw a modest price recovery as likely in the summer months when USA gasoline demand seasonally rises, citing factors such as a likely drawdown in inventories. Read More »

Stocks, dollar steady as volatility remains low; oil rebounds

According to Reuters , this is part of OPEC's agreement to reduce production and as it trims exports to meet rising domestic demand for power during the summer. The drop was evidence to some that demand is robust in the U.S. Others took it as proof that the move by OPEC and other big oil produces to cut global crude supply is working. Read More »

G-7 nations seek ways to make growth help more people

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The gathering paved the way for a meeting of national leaders in Taormina, Sicily, on May 26-27. The Italian hosts say the meeting themes will include making economic growth benefit more people; coordination among worldwide financial organizations such as the global Monetary Fund and the World Bank; and efforts to stop companies from dodging taxes by moving income across borders. Read More »

US Homeland Security: No announcement Friday on laptop ban expansion

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A Capitol Hill source said it would be hard to institute the ban in Europe without expanding it to flights leaving the United States. Top European Union officials are demanding urgent meetings with the U.S.to discuss the looming ban. The afternoon meeting included high level executives from Delta Air Lines Inc, United Airlines Inc, American Airlines Group Inc and trade group Airlines for America, the sources said. Read More »

North Korea says world 'astonished' by Wannacry

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Security researchers in the US, Russia and Israel have also reported signs of a potential North Korean link to the latest cyberattack, although there is no conclusive evidence of that. Although North Korea denied allegations that it was behind those events, Simon Choi, a senior researcher who has done extensive investigations into North Korea's hacking programs said the WannaCry program is "similar to North Korea's backdoor malicious codes". Read More »

ProShare Advisors LLC Has $51.899 Million Stake in Target Co. (TGT)

Prospera Financial Services Inc's holdings in Target were worth $442,000 as of its most recent SEC filing. Several equities research analysts have recently commented on the company. Target Corporation posted net revenue of 20.69B, beating Wall Street analysts who had forecast $20.7B. The business also recently declared a quarterly dividend, which will be paid on Saturday, June 10th. Read More »

Centrica PLC (CNA) PT Lowered to GBX 174

About 179,742 shares traded. It is down 6.00% since April 19, 2017 and is uptrending. Numis Securities Ltd lowered shares of Novae Group Plc (LON:NVA) to a hold rating in a research report released on Friday. As per Monday, February 22, the company rating was maintained by J.P. Morgan. On Thursday, April 7 the stock rating was maintained by Peel Hunt with "Hold". Read More »

Gap shares climb after profit exceeds expectations

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They now have a Dollars 28 price target on the stock. Vetr upgraded shares of Gap from a "sell" rating to a "hold" rating and set a $24.84 price objective on the stock in a research report on Monday. Stock is now moving with a negative distance from the 200 day simple moving average of approximately -3.39%, and has a solid year to date (YTD) performance of 5.95% which means the stock is constantly adding to its value from the previous fiscal year end price. Read More »

France's Le Pen to run for legislative elections

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Steeve Briois, who took Le Pen's place as FN leader during her unsuccessful presidential run-off contest against Emmanuel Macron on May 7, welcomed her back to the helm of the anti-European Union, anti-immigration party in a Twitter message. Read More »

Paytm's payments bank to operate from May 23

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Customers using the payment wallet will see it move to the Paytm Payments Bank Limited in the same capacity and have the option of discontinuing their wallet services with due communication sent to the company by May 23rd. Paytm's consequent emphasis on digital payments and a strong branding and advertising campaign to build the brand have worked well. For those who have not done any transactions on their Paytm Wallet in the past six months, the transfer will happen only if the customer ... Read More »

Log in, look out: Cyber chaos spreads with workweek's start

But computers and networks that didn't update their systems are still at risk. Apple's Mac computers were not targeted by this ransomware attack so are clear. One is a 22-year United Kingdom cybersecurity researcher , who goes by the name "Malware Tech", and the other is a Grand Rapids Security Research Engineer named Darien Huss. Read More »

Duke Realty Corp (DRE) Shares Bought by DnB Asset Management AS

Kimco Realty Corporation (KIM ) is a part of Financial sector and belongs to REIT - Retail industry. Equities analysts expect Duke Realty Corp to earn $0.35 per share next year, which means the company may not be able to cover its $0.76 annual dividend with an expected future payout ratio of 217.1%. Read More »

Wal-Mart scheduled to report Q1 earnings May 18

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Genovese Burford & Brothers Wealth & Retirement Plan Management LLC now owns 114,171 shares of the retailer's stock valued at $114,000 after buying an additional 112,511 shares during the last quarter. The company's quarterly revenue was up.8% compared to the same quarter past year. Wal-Mart Stores had a return on equity of 17.71% and a net margin of 2.98%. Read More »

Cisco revenue forecast disappoints; says to cut 1100 more jobs

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The world's largest networking gear maker said that it expected revenue for its fourth quarter to fall by as much as 6 per cent compared to the same time a year ago, a drop of around $600 million. Cisco posted adjusted earnings of 60 cents per share, excluding items, on revenue of $11.94 billion. The company's net income rose to US$2.52bil (RM10.9bil), or US$0.50 per share, in the third quarter ended April 29 from US$2.35bil (RM10.17bil), or US$0.46 per share, a year earlier. Read More »

Adidas sells off TaylorMade golf unit to private equity firm

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An ESPN examination of the Adidas move notes that although first-time golfer tallies hit a record 2.5 million past year, keeping the newbies courting clubs and related gear has proven hard. "The combination of this iconic brand and KPS' track record of working constructively with talented management teams to make businesses better will provide the ideal foundation for TaylorMade's future growth, " he added. Read More »

Warren Buffett says coal won't make a comeback

Berkshire owns Geico and General Reinsurance as well as a number of specialized insurers that handle malpractice, worker's compensation and other businesses. When Warren Buffett was asked why he's not buying Amazon shares, the billionaire investor had a simple answer. But 3G has been frequently criticized for its ruthless cost-cutting measures, including layoffs. Read More »

TAKE A STAND: North Korea Missile Test

Even paying the ransom can come with a risk, she said. Both Symantec and Kaspersky said it was too early to tell whether North Korea was involved in the attacks, based on the evidence that was published on Twitter by Google security researcher Neel Mehta. Read More »

EU ruling could complicate new trade deals - including UK's

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In a surprise decision that could smooth the way to a post-Brexit trade agreement, the court imposed legal limits on the power of individual countries to block EU-wide trade deals. Another option could be splitting the agreement into two halves, one of which would contain all the aspects over which Brussels has exclusive competence, while the other would need to be approved at national and regional level. Read More »

Italian Open: Andy Murray eliminated by home player Fabio Fognini

The partisan home crowd were delighted when world No. 29 Fognini broke Murray in the opening game and went on to take a 3-0 lead, before closing out the set 6-2 with a love service. Fabio looked better on the court from the very first point, hitting the ball early and imposing his shots, keeping Murray off balance and avoiding easy errors that could destruct his rhythm. Read More »

Markets Right Now: Energy stocks lead indexes higher

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In 3.03pm trading in NY, the Dow Jones Industrial Average slipped 0.1 per cent. "The rubber band had stretched too long below $55 per barrel; now we're around $50". "There has been a lot of worry about energy and how oil prices do not seem to have found a bottom, but this news from Saudi Arabia and Russian Federation that seems to be helping". Read More »

Montana deputy shot, second suspect identified

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A total of five law enforcement vehicles have been impounded to be processed for evidence. The suspect was shot and taken to the hospital, while the driver, the shooter's father, was taken into custody. His condition has not been released. Less than one day after President Donald Trump, in Washington, honored fallen officers for National Police Week, saying,"Enough is enough", and promising to do all he could to stop violent crimes against law enforcement, a Broadwater County Sheriff's ... Read More »

Germany's Angela Merkel racks up another come-from-behind victory

Schulz's Social Democrats lost Germany's most populous state North Rhine-Westphalia to Merkel's Christian Democratic Union on Sunday. Meanwhile, the 12,7% for the Free Democratic Party (FDP) means the CDU can form a government with the center-right and the Greens (6,3%), no longer relying on a grand coalition. Read More »

SpaceX to launch satellite, no landing attempt planned

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Watch a replay of the Falcon 9 rocket taking off with the Inmarsat 5 F4 communications satellite, a heavyweight spacecraft created to link airliners, ships and others on-the-go via broadband. So far, 10 Falcon 9 first stages have returned intact after launching, including one rocket that has now flown twice. This is SpaceX's sixth launch attempt of 2017, and if the company pulls it off, it will be on track for a dozen or more launches this year alone-possibly as many as eighteen . Read More »

First lady: Barron to attend private Episcopal school in MD

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She said the school's mission "to know and inspire each child in an inclusive community dedicated to exceptional teaching, learning and service" appealed to the family. In 2011, the school instituted an innovative research center called the Center for Transformative Teaching & Learning, or CTTL. St. Andrew's is located in the wealthy enclave of Potomac, about 17 miles northwest of the White House and a 30-minute drive in light traffic. Read More »

Russia, Saudi call for oil output deal extension

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In a joint statement Opec's de facto leader Saudi Arabia and Russian Federation, the world's second largest oil producer, said they had come to the conclusion that the agreement needs to be extended. However, we'll see whether the rebound remains until the USA market opens. Libya pumped as much as 1.6 million barrels a day before an uprising in 2011, and it was exempted from OPEC's cuts due to internal strife. Read More »