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The final protesters occupying the North Dakota land of the Standing Rock Sioux tribe were forced to disperse Wednesday afternoon ahead of impending spring floods. "This is just another part of the struggle we've been living for all of our lives", High Elk said. Other camps are popping up on private land in the area, including one the Cheyenne River Sioux has set up about a mile from the Oceti Sakowin camp .
  • USA comparable sales strong for Home Depot

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    The original version of this report can be read at https://www.thecerbatgem.com/2017/02/21/home-depot-inc-the-hd-announces-earnings-results.html. Bank of America Corporation reiterated a "buy" rating and set a $128.72 price target (up previously from $127.67) on shares of Home Depot , Inc.
  • Treasury yields jump on Yellen testimony

    Treasury yields jump on Yellen testimony

    Money

    The long-term 30-year treasury bond also closed the day at a higher yield in the form of 3.07%, which translates to a 4 basis points increase since Monday. 14, 2017. However, not all Fed policymakers are convinced, that the USA central bank should act soon to tighten monetary policy. Market "bullishness stems from hawkish testimony by Janet Yellen .
  • Trump pivots to economic message in Boeing visit

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    At the SC plant, Boeing is building the 787-10, the largest of three models of its high-tech, carbon-fiber composite Dreamliner. "That is one handsome airplane", the president said in his opening remarks, gesturing to a 787 on display behind him.
  • Unilever Confirms Rejection Of USD143 Billion Kraft-Heinz Bid

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    U.K-based Unilever quickly rejected the offer, calling it "profoundly undervalues the company", but analysts said Kraft's move could flush out other bidders. Kraft Heniz's (KHC) surprise play for Unilever plc (UNL) marks an interesting contrast to President Donald Trump's "Buy American, Hire American" economic policy, as the Warren Buffett-led food giant seeks growth in non-U.S.
  • Barkindo: More bullish sentiment observed in oil market

    Money

    Even so, oil futures ended sharply lower Monday, with March West Texas Intermediate crude CLH7, +1.36% on the New York Mercantile Exchange down 1.7% to settle at $52.93 a barrel. And if countries who aren't part of the pact, such as the USA, significantly raise production, that boosts the likelihood that OPEC and its allies will begin to cheat on output.
  • Inflation rises on 'double whammy' of oil prices and weak pound

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    Inflation reached 1.8 percent last month, the Office for National Statistics (ONS) said on Tuesday, up from a rate of 1.6 percent in December. If confirmed in data due March 1, it would mark the first time since April 2012 that the index has hit the central bank's 2 percent goal, after modest global growth and lower oil prices held down inflation for much of the past five years.
  • United States reaffirms commitment to North Atlantic Treaty Organisation

    United States reaffirms commitment to North Atlantic Treaty Organisation

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    Mattis, a former top allied commander, also reaffirmed American support for the alliance, calling it essential to security and saying the USA would "meet its responsibilities". During his campaign, Trump said he would consider cutting ties with nations that failed to contribute the 2 percent of gross domestic product that members are expected to spend on defense.
  • Verizon Wants A $250 Million Discount On Yahoo Deal

    Money

    Following this new deal, it is likely that Verizon will also share some legal burden with Yahoo over their security breaches, giving Yahoo some breathing space. More negotiations continued and it was determined that Verizon would acquire the Internet giant for $250 million less than what the original deal dictated.
  • Credit Suisse still plans to list Swiss unit, open to alternatives

    Money

    The volatility in fixed-income markets, together with growing expectations of increases in US interest rates gave profit to the CS's traders and benefitted investment bankers in the fourth quarter 2016. But it slashed overall headcount - including "contingent workers" like information technology specialists - by 7,200 previous year. "2016 was the first full year of implementing our new strategy and it was a challenging and busy 12 months", Thiam said.
  • Burger King, Tim Hortons owner's profit more than doubles

    Burger King, Tim Hortons owner's profit more than doubles

    Money

    Stephens raised Restaurant Brands International from an "equal weight" rating to an "overweight" rating and set a $52.00 target price on the stock in a report on Wednesday, October 19th. Fiera Capital Corp now owns 870,689 shares of the company's stock valued at $36,078,000 after buying an additional 800,431 shares during the period. The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 4th.
  • Molson Coors (TAP) Lags on Q4 Earnings and Sales February 14, 2017

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    The company said it determined last fall that the fair value of the Molson products was lower than its book value as it faced a weaker performance past year, hard market conditions and intensified competition not expected to subside. Stifel Nicolaus cut their target price on Molson Coors Brewing Company from $117.00 to $113.00 and set a "buy" rating on the stock in a research report on Tuesday, December 20th.
  • Seoul: Won inches up ahead of Yellen speech, stocks weaker

    Seoul: Won inches up ahead of Yellen speech, stocks weaker

    Money

    Yellen said that if, as the Fed expects, the jobs market continues to improve and inflation continues to rise, an increase in the benchmark federal-funds rate would probably be appropriate "at our upcoming meetings ". Bank stocks jumped Tuesday on hopes that bigger profits are ahead, and USA indexes again pushed to record highs. President Donald Trump and congressional Republicans want to roll back some of the rules imposed on USA banks in the aftermath of the financial crisis.
  • Melissa McCarthy Returns To SNL As Crazed Sean 'Spicey' Spicer

    Melissa McCarthy Returns To SNL As Crazed Sean 'Spicey' Spicer

    Money

    Something tells me that won't be the last time we see McKinnon portray Sessions. "Way too many pieces in there". So naturally last week he was in SNL's cross-hairs, with Melissa McCarthy's performance universally acclaimed impression rearing its head again.
  • Restaurant Brands International profit increases 233% in 2016

    Money

    The per-share figure marked a 37% year-over-year increase and beat the analyst consensus by two cents a share. The firm has a market capitalization of $15.73 billion and a P/E ratio of 55.96. Finally, ING Groep NV bought a new position in shares of Restaurant Brands International during the fourth quarter worth about $776,000. TRADEMARK VIOLATION NOTICE: This piece was published by The Cerbat Gem and is owned by of The Cerbat Gem.
  • Sears and Kmart Have Pulled Trump Home Products Off Their Websites

    Sears and Kmart Have Pulled Trump Home Products Off Their Websites

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    United States retailers Sears and Kmart's websites no longer sell products from the Trump Home line, which is owned by the Trump Organisation, a Business Insider report said. These decisions have coincided with liberal pressure to not promote any merchandise relating to the Trump family. Donald Trump and his children hosted an official ribbon cutting ceremony and press conference to celebrate the grand opening of his new hotel.