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News Breaking

Swiss regulator finds JPMorgan broke money-laundering rules

JPM

Story Sources

finance.yahoo.com
Topics:
  • Business
  • Financial
In The News Breaking

Wal-Mart Stores Inc. (INX:WMT) article volume is higher than usual

WMT
The Zacks Analyst Blog Highlights: Walmart, Google and Amazon view top sourcebeta

Story Sources

finance.yahoo.com

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Libya: BP, Shell cueing up to buy oil

RDSB RDSA +2 more RDSB RDSA BP BP

BP on the other hand did not have any purchasing deal with Libyan oil authorities last year. British Petroleum and its sister Dutch Shell have inked deals with the Libyan National Oil Corporation (NOC) to buy ship-ments of Libyan oil, Libya Herald reports Friday. Trump Slashes Aid to UN Aid Program for Palestinians by $65 mln. Morocco’s Special Forces to Receive US Equipment Worth $18 mlnScroll.

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Story Sources

northafricapost.com
Topics:
  • Business
  • Financial
News

Steady as She Goes: Valuation Update on Rio Tinto Limited (ASX:RIO) as EV Reaches 131705106

RIO RIO +1 more RIO RIO RIO

Rio Tinto plc (LSE:RIO) presently has an EV or Enterprise Value of 120109743. The EV is used to show how the market assigns value to a company as a whole. Investors seeking value in the stock market may be eyeing the Magic Formula Rank or MF Rank for Rio Tinto plc (LSE:RIO). The Volatility 12m of Rio Tinto plc (LSE:RIO) is 29.743600. This is calculated by taking weekly log normal returns and standard deviation of the share price over one year annualized. Investors look at the Volatility 12m to determine if a company has a low volatility percentage or not over the course of a year.

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Topics:
  • Business
  • Financial
News

Court throws out BT's plans to reduce pension rates

BT-A

Plans by BT to cut its huge pension deficit have been thrown out by the High Court. Court throws out BT's plans to reduce pension rates. " BT is currently proposing to close its defined benefit pension scheme for 11,000 managers and slash contributions to its 21,000 frontline staff. " BT has a total of 296,000 active and deferred members of its pension scheme.

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Story Sources

theregister.co.uk
Topics:
  • Business
  • Financial
News

Apple and Microsoft likely to issue less debt in 2018 under new tax rules, says analyst

AAPL

Apple has said it would make a one-time payment of US$38bn in US taxes to repatriate cash held overseas. Apple was the biggest issuer of debt among tech firms in 2017. Tech companies, including Apple Inc. (NASDAQ:APPL) and Microsoft Corp (NASDAQ:MSFT), are likely to issue less debt in 2018 as they repatriate cash held overseas, according to analysts at CreditSights. Previously companies had opted to raise debt domestically rather than pay the 35% tax rate on bringing back foreign cash to US soil. Companies will have to pay a levy of 15.5% on overseas holdings repatriated to the US, compared to a 35% rate under the previous tax rules.

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Topics:
  • Business
  • Financial
News

El Paso Electric Co (EE) Stock Value Rose While California State Teachers Retirement System Decreased Its Holding by $383,020; As Convergys (CVG) Shares Declined, Sirios Capital Management LP Lifted Its Stake

BT-A

El Paso Electric Co (EE) Stock Value Rose While California State Teachers Retirement System Decreased Its Holding by $383,020; As Convergys (CVG) Shares Declined, Sirios Capital Management LP Lifted Its Stake. Aperio Lc holds 0.01% of its portfolio in El Paso Electric Company (NYSE:EE) for 26,157 shares. Mizuho maintained the shares of EE in report on Thursday, October 26 with “Hold” rating. Robert W. Baird maintained the shares of CVG in report on Friday, October 20 with “Hold” rating.

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Story Sources

huronreport.com
Topics:
  • Business
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News

Market Review: Piotroski F Score Above Five for Royal Dutch Shell Plc (RDSB.L) – FLBC News

RDSB RDSA

Piotroski F Score Above Five for Royal Dutch Shell Plc (RDSB. Taking a closer look at shares of Royal Dutch Shell Plc (RDSB. ADX is charted as a line with values ranging from 0 to 100. The indicator is non-directional meaning that it gauges trend strength whether the stock price is trending higher or lower. Many traders will use moving averages for different periods of time in conjunction with other indicators to help gauge future stock price action.

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Story Sources

flbcnews.com
Topics:
  • Business
  • Financial
News

BSR agrees five-year solar deal with Shell – GPHS-Network

RDSB RDSA

British Solar Renewables (BSR) has signed a five-year power purchase agreement with Shell Energy Europe for the largest solar park in England. Graham Harding, MD and CFO of BSR commented: "PPAs provide stability in a volatile energy market and we are delighted that we have been able to work with Shell Energy Europe Ltd to complete this five-year agreement, which will enhance the value of the largest solar park in England. It will supply the power generated from the Bradenstoke solar power plant to customers in the UK seeking to meet their needs with renewable energy. While there’s a myriad of possible approaches to the deployment of energy storage, innovative business models are...

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Story Sources

networks.online
Topics:
  • Business
  • Financial
  • Science
News

Bank of New York Mellon Corp Trims Stake in BT Group plc (BT) – Week Herald

BT-A

Finally, Bank of Hawaii boosted its stake in shares of BT Group by 38.6% in the second quarter. Bank of New York Mellon Corp lessened its holdings in shares of BT Group plc (NYSE:BT) by 33.9% during the 3rd quarter, according to its most recent 13F filing with the SEC. ValuEngine raised BT Group from a “hold” rating to a “buy” rating in a report on Monday, November 27th. UBS Group raised BT Group from a “neutral” rating to a “buy” rating in a report on Wednesday, December 13th.

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Story Sources

weekherald.com
Topics:
  • Business
  • Financial
News

Jefferies Group LLC Reaffirms Hold Rating for BT Group plc (BT.A) - BangaloreWeekly

BT-A

Morgan Stanley set a GBX 400 ($5.21) price objective on BT Group plc and gave the company a buy rating in a report on Tuesday, March 21st. Finally, Berenberg Bank restated a hold rating and issued a GBX 325 ($4.23) price objective on shares of BT Group plc in a report on Tuesday, June 20th. BT Group plc presently has a consensus rating of Hold and an average price target of GBX 356 ($4.64). Jefferies Group LLC reiterated their hold rating on shares of BT Group plc (LON:BT.

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Story Sources

bangaloreweekly.com
Topics:
  • Business
  • Financial
In The News

BT Group PLC (LON100:BT-A) article volume is higher than usual

BT-A
High Court rules against proposed BT scheme CPI switch - Law & Regulation - Pensions Expert view top sourcebeta

Story Sources

pensions-expert.com

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