Economy

Marvell Technology Group Ltd. (MRVL) Receives Outperform Rating from Cowen and Company

Recent session action on shares of Marvell Technology Group Ltd . (NASDAQ: MRVL ) puts the stock on today's active list. It has outperformed by 47.84% the S&P500. The New York-based 13D Management Llc has invested 6.75% in the stock. Balyasny Asset Management Limited Liability Co invested in 0.17% or 419,668 shares.

Three CNN journalists resign after Russia-related article retracted

He lumped ABC, CBS, NBC, The New York Times and The Washington Post together in the same " fake news " category. CNN just posted it's most-watched second quarter in history. The law firm of one victim recently sued O'Keefe, alleging violation of a federal wiretap law. "We said we are going after the media, and there is a lot more to come".

Cyber attack hits UK, Ukraine and Russian Federation

He says that if one computer gets infected, the new malware has a backup mechanism to spread to patched computers within the network as well. Other companies that said they had been hit by a cyber attack included Russian oil producer Rosneft , French construction materials firm Saint Gobain and the world's biggest advertising agency, WPP - though it was not clear if their problems were caused by the same virus.

Premier Li: China can control financial risks as debt rises

Anti-globalization voices are emerging and world geopolitical risks are increasing, Li told officials and business leaders Tuesday at the World Economic Forum's Annual Meeting of the New Champions gathering in China's northeastern port city Dalian.

Companies hit by global ransomware attack on June 27

As reports of the attack spread quickly, the Ukrainian government said that several of its ministries, local banks and metro systems had been affected. In a separate statement , Europol said it's in talks with "member states and key industry partners to establish the full nature of this attack at this time".

Another large scale ransomware attack is now engulfing Europe

The hack's scale and the use of ransomware quickly recalled the massive May cyberattack in which hackers likely linked to North Korea disabled computers in more than 150 nations using a flaw that was once incorporated by the National Security Agency's surveillance tool kit.

Justices Ask Lower Courts to Reconsider Rulings Blocking Religious School Aid

The state rejected the request, citing a provision in Missouri's constitution, similar to those in many other states, that says, "no money shall ever be taken from the public treasury, directly or indirectly, in aid of any church, sect or denomination of religion".

Family of man shot by police get $3m payout

It requires state court approval. The city does not admit any liability in Castile's death a year ago, but the settlement likely speaks to the city's fears about its chances at trial, said Andrew Noel, an attorney for Castile's mother, Valerie Castile.

Dem 'concerned' Trump will fire investigators

A person familiar with Trump's tweet said the President was referencing news reports that he is under investigation and was not indicating that he's been personally informed by the special counsel that he is a target of the probe. It's the phony justifications his administration gave for the firing, it's Trump's own belated confirmation that a major factor in the firing was the Russian Federation investigation, and it's the troubling pattern of Trump's attempts to interfere with ...

Estates of Bernie Madoff's 2 sons to keep nearly $4 million

Picard's fund has recovered more than $11.5 billion and distributed more than $9 billion to Madoff's victims, including money from Madoff's brother Peter, his wife Ruth and his niece Shana, who was the company's compliance director. Both sons died years ago - Mark of a suicide in 2010, and Andrew of cancer in 2014. Their father is 79. NEW YORK , June 27 The trustee recouping money for Bernard Madoff's victims on Tuesday announced almost $371 million of new settlements with two groups ...

International Monetary Fund trims economic forecast for United States amid growth uncertainty

The IMF's updated forecast says the world's largest economy will expand at a 2.1 percent annual rate this year. But "it became evident that many details about these plans are still undecided", International Monetary Fund officials noted in their review, known as an article IV consultation published on Tuesday.

Oil edges up towards data on reserves and production in US

In the United States, which is not participating in any deal to hold back production, oil output has risen over 10 per cent over the past year to 9.3 million bpd, and the Energy Information Administration (EIA) expects that figure to rise above 10 million bpd in 2018.

Trump travel ban partially reinstated by Supreme Court

The Supreme Court made a decision to allow a limited version of President Donald Trump's ban on travelers from six Muslim majority countries, including, Iran , Libya , Somalia , Sudan , Syria , and Yemen . Employers with traveling employees seem to be exempt by the partial injunction. The Fourth Circuit based its ruling on the Establishment Clause of the First Amendment and had concluded that President Trump issued the second executive order because of his "desire to exclude ...

$185 Prada paper clip proves unpopular with shoppers

Not that anyone would be able to read something that small. The hella fancy paperclip, which is stocked at Barneys.com , is retailing at the price of $185, or approximately £140, and people are outraged at the cost of what they perceive to be an upmarket office supply.

Theresa May details post-Brexit plans for EU citizens in UK

Have you read Trendiee Today? Theresa May has told EU citizens they must bring family members over to Britain before Brexit or face tougher immigration rules, in a move that will dismay her European counterparts. Moreover, non-European spouses of European Union nationals would not enjoy the same rights after Brexit. The government also unveiled plans to exclude "serious or persistent criminals, and those whom we consider a threat to the UK".

Japan to more strictly confiscate cargo linked to North Korea's nuke supplies

The warning will be aired across 43 television stations until the early weeks of July, and written instructions will be published in 70 Japanese newspapers. The business has also sold out its stock of 50 Swiss-made air purifiers, which are said to keep out radiation and poisonous gas, and is trying to get more, according to company director Nobuko Oribe.

Mike Lee 5th GOP senator against starting health bill debate

Sources tell the Associated Press that Senate Republican leaders have abruptly delayed the vote on their health care bill until after the July 4 recess. Moderate Sen. Dean Heller, R-Nev., said Friday he'd oppose the procedural motion without alterations. She tweeted that she favours a bipartisan effort to fix Obama's statute but added, "CBO analysis shows Senate bill won't do it".

San Francisco on LOCKDOWN - Multiple people injured after shooting at UPS depot

The two employees wounded in the shooting were taken to area hospitals. Police say the gunman killed himself after the shooting. UPS, which employs 350 people at the Potrero Hill facility, could not confirm the status of those injured, said Kyle Peterson, a UPS spokesman.

LA City Council oks plans for George Lucas museum

The Los Angeles City Council approved preliminary steps that will allow construction of the $1.5 billion Lucas Museum of Narrative Art in Exposition Park in Los Angeles. "I realized that the whole concept of narrative art has been forgotten", he told the council. "They said no. We were both basically heartbroken", Lucas said.

United Parcel Service Inc

Cwm Llc who had been investing in United Parcel Service Inc for a number of months, seems to be bullish on the $96.74 billion market cap company. The stock increased 0.67% or $0.74 during the last trading session, reaching $111.01. Bollard Group LLC raised its stake in shares of United Parcel Service by 0.8% in the first quarter. (NYSE:UPS). Eastern Natl Bank owns 26,916 shares for 0.24% of their portfolio.

Patterson-UTI Energy, Inc. (PTEN) Cut to Neutral at Seaport Global Securities

The Contrarius Investment Management Ltd holds 2.56 million shares with $45.38M value, up from 1.14 million last quarter. Qualys Inc (NASDAQ:QLYS) has risen 52.35% since June 26, 2016 and is uptrending. Broadsoft Inc. (NASDAQ:BSFT) was reduced too. Since January 17, 2017, it had 0 insider buys, and 7 selling transactions for $2.25 million activity.

Gov't not overly concerned with Fed's rate hike

Gold futures slumped Thursday, building on a retreat that started Wednesday afternoon as the Federal Reserve raised interest rates and sounded determined to hike again this year. "This suggests the equilibrium nominal fed funds rate would be 3.5%-4% if real rates normalise in line with our estimate of US potential growth at slightly below 2%", it said.

Google fined £2.1bn for online shopping competition breaches

The decision is the first of a series of competition rulings that Google faces from the European Commission , which has not shrunk from taking on USA tech giants such as Alphabet , which has annual revenues of $90 billion and a market value of $665 billion.

EU Slaps Google With Record $2.7 Billion Fine For Manipulating Search Results

Following the demotions applied by Google , traffic to rivals has dropped significantly. The fine-the largest ever leveled against a single company by the European Union in an antitrust case-marks the end of a seven-year investigation into Google's practices.

Two Fugitives from US State of Georgia Captured

This combo of undated photos provided Tuesday, June 13, 2017, by the Georgia Department of Corrections shows inmate Ricky Dubose , left, and Donnie Russell Rowe . Authorities in Tennessee have released audio of a 911 call from a man whose home was invaded by two escaped inmates from Georgia . Police say they attempted to stop the risky duo after spotting a auto they believed the two were in.

Maersk says IT breakdown could be global

Russia's Rosneft energy company also reported falling victim to hacking, as did shipping company A.P. Moller-Maersk, which said every branch of its business was affected. Company and government officials reported serious intrusions at the Ukrainian power grid, banks and government offices. "We continue to assess the situation".

Europe, Ukraine targeted in massive hack attack

So far the ransomware attack appears to have affected over 80 companies in Ukraine , Russia , England, and India. EVRAZ: The Russian steelmaker said its information systems had been hit by a cyberattack but its output was not affected.

Jefferies Cuts Rating On DaVita Inc. (DVA)

It closed at $50.4 lastly. It is down 53.57% since June 27, 2016 and is uptrending. It has outperformed by 16.04% the S&P500. More notable recent Davita Inc (NYSE: DVA ) news were published by: Prnewswire.com which released: "DaVita Celebrates 10 Years of Sustainability" on June 08, 2017, also Reuters.com with their article: "BRIEF-Davita Inc formalizes new business, Davita Health Solutions" published on June 06, 2017, Prnewswire.com published: "DaVita Introduces DaVita® Health Solutions" on ...

Noble Corporation (NE) Getting Somewhat Favorable News Coverage, Report Finds

Relative strength index (RSI-14) for Noble Corporation plc (NE ) is at 42.89. This means that the price of the security can change dramatically over a short time period in either direction. A moving average (MA) is a trend-following or lagging indicator because it is based on past prices. The average is taken over a specific period of time, like 10 days, 20 minutes, 30 weeks, or any time period the trader chooses.

AT&T expands rural fixed wireless web service to 70K locations

That's an excellent expansion, but only a small part of AT&T's plans - the service provider anticipates expanding Fixed Wireless Internet into more than 400,000 locations by the end of this year, hitting more than a million locations by the year 2020.

GM lowers outlook for USA 2017 new vehicle sales

The vehicle maker now expects to sell a "low 17mln" units this year, compared to a record total of 17.55mln units in 2016. General Motors Company (NYSE:GM) has lowered its auto sales estimates for the current year seemingly underlining a trend of lower volumes reported in data the over the past three months.

Hi-Crush Partners (HCLP) Receives Daily Coverage Optimism Rating of

About shares traded. YPF SA (ADR) (NYSE:YPF) has risen 17.75% since June 26, 2016 and is uptrending. It has outperformed by 2.77% the S&P500. Two analysts have rated the stock with a sell rating, one has issued a hold rating and eight have given a buy rating to the company.

Baby born on Spirit flight departing from Florida

Although she didn't expect the baby to arrive for four more weeks, flight attendants started to scramble, calling doctors on the ground and checking if there was medical personnel on board. That changed once she was in the air, Penton said. A fellow passenger recorded the delivery, which went very quickly. The Spirit crew asked if any medical professionals were on board.

EU Commission fines Google a record €2.4 Billion for distorting search results

The EU's move highlights divergence with US regulators in their approach to Google . " Google has become a short cut to buying, not a short cut to saving money", said Benjamin Glaser, features editor of DealNews, a comparison shopping site.

Haley: US saw preparations in Syria similar to April chemical attack

Russian officials have privately described the war in Syria as the biggest source of tension between Moscow and Washington, and the April cruise missile strike ordered by U.S. In April, global chemical weapons inspectors found what they called "incontrovertible" evidence that Sarin gas, or a similar substance, was used in the chemical attack that killed 89 people.