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Finance

The European Parliament's chief Brexit negotiator has warned against trying to sideline the assembly once talks over the UK's exit from the EU begin. The upper chamber backed a Labour-led change calling for ministers to take action to ensure the rights of European Union nationals continue within three months of Article 50 being triggered.
  • USD/JPY Rallies after ADP Employment Change News

    USD/JPY Rallies after ADP Employment Change News

    Finance

    Still, some economists raised their February nonfarm payrolls forecasts. The report is seen as a precursor to Friday's more comprehensive nonfarm payrolls data, which acts as a barometer for the health of the US economy and is a key data point for the Fed to decide on rates .
  • Exxon Mobil to Invest $20 Billion in US, Projects 45K Jobs Created

    Exxon Mobil to Invest $20 Billion in US, Projects 45K Jobs Created

    Finance

    While the Trump administration eagerly promoted the 45,000 jobs figure, near the bottom, the statement qualified the Gulf Coast projects would create 35,000 construction jobs - typically short- to medium-term gigs, meaning the total number of people actually employed may be lower - and 12,000 full-time ones.
  • H & R Block Inc Shares Surge Following Market-Beating Q4 Results

    H & R Block Inc Shares Surge Following Market-Beating Q4 Results

    Finance

    About shares traded. First Trust Small Cap Cr AlphaDEXFd (ETF) (NASDAQ:FYX) has risen 10.20% since August 1, 2016 and is uptrending. Midas Management holds 0.48% or 43,900 shares in its portfolio. The business's revenue for the quarter was down 4.8% on a year-over-year basis. If you are reading this article on another publication, it was illegally stolen and reposted in violation of United States & worldwide trademark & copyright laws.
  • Standard Life announces £3.8 billion acquisition

    Standard Life announces £3.8 billion acquisition

    Finance

    Standard Life said in a statement on Monday morning that both groups would recommend an all-share deal to shareholders worth around £11 billion. They wrote: "If this merger is successful, we would see it as a spring board, from a position of enhanced strength, to embark on further deals, possibly U.S.".
  • House panel to probe Trump's wiretapping allegations

    House panel to probe Trump's wiretapping allegations

    Finance

    In one of the tweets, Mr Trump said the alleged wiretapping took place in his Trump Tower skyscraper in NY. "Nothing found. This is McCarthyism! " he tweeted. Trump followed his DNC tweet with another question on Sunday, tagging the Fox and Friends TV show in the tweet. Obama spokesman, Kevin Lewis , said the ex-president never ordered a surveillance on any U.S.
  • Deutsche Bank to raise billions with rights issue

    Deutsche Bank to raise billions with rights issue

    Finance

    Deutsche Bank said it plans to issue as many as 687.5m new shares with subscription rights to existing shareholders and with the same dividend rights as other outstanding shares. After unveiling plans to restructure the business into four units to much fanfare only a year and a half ago, the group's strategy has pivoted once again to further simplify the business model into three divisions.
  • Fed tees up March rate hike as key policymaker shifts tone

    Finance

    On Feb. 14, Fed chief Janet Yellen struck a somewhat hawkish tone before Congress, warning against waiting "too long". The reality is that the current environment-whether it is low financial stress, ultra-low market volatility, good U.S. The Atlanta Fed's revised estimate of Q1 growth inched up to 2.5% (as of February 27), based on the bank's GDPNow model - a modest improvement over the sluggish 1.9% increase in last year's Q4.
  • GM Agrees to Sell Opel and Vauxhall Brands to PSA Group

    Finance

    PSA Chief Executive Carlos Tavares said last week a full acquisition of Opel offered an "opportunity to create a European auto champion" and quickly exceed 5 million annual vehicle sales. PSA Group has already met with Opel representatives, framing the takeover as a potential "rebound of the company and its iconic brands". Furthermore, French sources have claimed that the acquisition of Opel can offer the group savings of up to €2 billion (around $2.1 billion).
  • Burlington Stores Net Soars; Abercrombie & Fitch, Kroger Net Decline

    Finance

    Bank of America Corporation started coverage on Abercrombie & Fitch Company in a research note on Wednesday, September 28th. 19 Analysts reported that the Price Target for Abercrombie & Fitch Co. ( ANF ) declared GAAP net income per share of $0.71 for the fourth quarter ended January 28, 2017, compared to $0.85 for the fourth quarter past year.
  • The stunning moment when Donald Trump paid tribute to Ryan Owens

    Finance

    Michael Moore and Bill Maher accused Trump of using the grieving widow as a " prop ", while "The View's" Sunny Hostin said it was " so exploitative ". "Ryan died for that laugh line", another netizen wrote. The Yemen raid didn't seem to go as planned, resulting in Ryan Owens' death, the death of civilians and in the loss of a USA aircraft.
  • Nintendo Switch Game Cartridges Taste Disgusting

    Nintendo Switch Game Cartridges Taste Disgusting

    Finance

    Elsewhere, Argos is completely sold out, while Very has Nintendo Switch bundles available, but only with a March 31 delivery date. One of the more notable launch titles to take advantage of the Switch's strengths is "1-2 Switch ", a multiplayer-focused game that encourages players to "face-off" and use the Joy-Con motion controls for some friendly competition.