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Shares in HSBC Holdings (LON:HSBA) have fallen into the red in London this morning, even as Europe's biggest bank unveiled plans to return cash to shareholders. Nevertheless, the first-quarter numbers still "represent a good start for 2018 for HSBC ", Iain Mackay, HSBC's group finance director, told CNBC's Sri Jegarajah after the release of the results.
  • GlaxoSmithKline (GSK) Given a GBX 1600 Price Target by UBS Analysts

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    The stock increased 2.80% or $1.48 during the last trading session, reaching $54.39. GSK has 3.97 million volume or 10.94% up from normal. It has underperformed by 65.90% the S&P500. T2 Biosystems Inc had 23 analyst reports since July 21, 2015 according to SRatingsIntel. The firm earned "Hold" rating on Thursday, June 29 by Standpoint Research.
  • DGCA sets up panel to probe snag in aircraft

    DGCA sets up panel to probe snag in aircraft

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    Civil Aviation Minister Suresh Prabhu said, "As soon as I heard about this issue, I directed the DGCA to conduct a detailed inquiry and to find out the cause of it". In a complaint to the Karnataka DGP, the Congress said there were multiple unexplained technical failures during the flight and that a thorough probe was required until which the special aircraft would be grounded.
  • Wall St ekes out small gain as earnings offset cost worries

    Wall St ekes out small gain as earnings offset cost worries

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    The index fell a total of 424.56 points or 1.74 percent by closing to 24,024.13, dropping a total of 751.21 points from its session high following a 131-point increase to open trading. Investors expected strong profit growth this year thanks to the growing global economy and tax cuts President Trump signed last year. Comcast rose 2.7 percent after the largest USA cable company confirmed its $31 billion bid for Sky on the heels of its better-than-expected earnings report.
  • United Kingdom economy in weakest growth since 2012

    United Kingdom economy in weakest growth since 2012

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    This follows growth of 0.5% in the last quarter of 2017 and was below expectations, with analysts forecasting the economy to grow by 0.3%. In year-on-year terms, growth slowed to 1.2pc from 1.4pc, its weakest since the second quarter of 2012 and a rate likely to keep Britain lagging behind its worldwide peers.
  • US GDP blows past estimates despite slowdown in consumer spending

    US GDP blows past estimates despite slowdown in consumer spending

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    Real gross domestic product ( GDP ) increased at an annual rate of 2.3 percent in the first quarter of 2018 (table 1), according to the "advance" estimate released by the Bureau of Economic Analysis. Commerce Department analysts reported worrying signs of rising prices with a key price index, excluding volatile food and energy costs, rising 2.5 percent.
  • Carpetright (LON:CPR) Rating Reaffirmed by Analysts at Shore Capital Today

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    The company rating was maintained by Liberum Capital on Thursday, March 22. Deutsche Bank reissued a "buy" rating and issued a GBX 2,360 ($32.91) target price on shares of Weir Group in a report on Wednesday, April 11th. It has a 19.15 P/E ratio. It offers a range of collections, including global, phormal, endurance, accessories, audio, bedding, childrenÂ's wear, crockery, eyewear, footwear, fragrance and skin wear, gifting and stationery, jewelry, lingerie and sleepwear, luggage, neckwear, ...
  • Qualcomm (QCOM) Shares Bought by Columbia Partners LLC Investment Management

    Qualcomm (QCOM) Shares Bought by Columbia Partners LLC Investment Management

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    Lawson Kroeker Investment Management Inc who had been investing in Arthur J Gallagher & Co for a number of months, seems to be less bullish one the $12.79B market cap company. Causeway Capital Management Limited holds 3.04M shares or 2.06% of its portfolio. It also increased its holding in Royal Bk Scotland Group Plc (NYSE:RBS) by 48,800 shares in the quarter, for a total of 243,065 shares, and has risen its stake in Skyworks Solutions Inc (NASDAQ:SWKS).
  • Brokers Issued Anticipation for Starbucks Co.'s Q4 2018 Revenue (SBUX)

    Brokers Issued Anticipation for Starbucks Co.'s Q4 2018 Revenue (SBUX)

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    Its up 1.05% from 1.56M shares previously. Douglass Winthrop Advisors Limited Com has 1.4% invested in Starbucks Corporation (NASDAQ: SBUX ) for 447,113 shares. The stock of The Southern Company (NYSE:SO) earned "Underweight" rating by Morgan Stanley on Thursday, March 8. The company rating was maintained by Credit Suisse on Friday, January 26.
  • Protests Planned For Starbucks Where 2 Men Were Arrested

    Protests Planned For Starbucks Where 2 Men Were Arrested

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    He says the two men weren't customers and refused to leave after being asked by employees and later by police. After the sit-in, the protesters moved on to the Starbucks location at 15th and Latimer, which they entered and reiterated their demands.
  • Ford plans to cut Fusion, Taurus and Fiesta from vehicle lineup

    Ford plans to cut Fusion, Taurus and Fiesta from vehicle lineup

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    The automaker said it now expects achieve an eight per cent global profit margin by 2020, two years sooner than planned. The Ford auto models facing the axe are the Fiesta , Taurus , Fusion and the regular Focus which will disappear in the United States and Canada.
  • Sky's dramatic takeover battle escalates with new Comcast bid

    Sky's dramatic takeover battle escalates with new Comcast bid

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    Regulators have especially been expressing concern about the future of Sky News and the influence of the Murdoch family that controls Fox. Comcast , Disney and Fox have all stated they will guarantee funding for a decade and preserve the editorial independence of the loss-making Sky News channel if their bid is successful.
  • Peel Hunt Lowers RM plc (RM) Price Target to GBX 199

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    On Monday, April 9 the firm earned "Buy" rating by Peel Hunt. On Thursday, February 8 the stock has "Add" rating by Peel Hunt. The firm has "Buy" rating by Berenberg given on Friday, August 25. Therefore 100% are positive. Rightmove PLC has GBX 5305 highest and GBX 47 lowest target. SHB reached GBX 994 during the last trading session after GBX 1 change.Currently Shaftesbury PLC is after 0.00% change in last April 23, 2017.
  • Drug Take-Back Initiative coming up

    Drug Take-Back Initiative coming up

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    PRC will partner with Pennsylvania American Water and other organizations to host three drop-off collection events in western Pennsylvania on April 28 from 10 a.m. The National Drug Take Back Day is coordinated by the federal Drug Enforcement Administration , which collects and safely destroys the medications. Several Long Island institutions will take part in a nationwide effort to rid medicine cabinets across the land of unused, sometimes unsafe unused prescription medications.
  • Fatal Southwest plane incident: Engine showed signs of 'metal fatigue'

    Fatal Southwest plane incident: Engine showed signs of 'metal fatigue'

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    In August 2017, the Federal Aviation Administration proposed a rule that would require airlines to use ultrasound to inspect fan blades of certain CFM56-7B engines. The flight was heading from LaGuardia Airport in New York City to Dallas' Love Field. State police spokesman Trooper David Beohm says anyone who believes they have found debris should call the Federal Bureau of Investigation office in Allentown.
  • Amazon and Best Buy Partner to Sell Fire TVs, Simplifies OTT Solution

    Amazon and Best Buy Partner to Sell Fire TVs, Simplifies OTT Solution

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    Not least because the experience can become more visual. The models will come from Toshiba and Best Buy's own Insignia brand. However, Best Buy's partnership with Amazon indicates that Amazon doesn't need to make an acquisition to reach consumers who need to see a TV in person before buying it.