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The report claims that the Cupertino company will ship around 18 million iPhone X units in the current quarter, strikingly lower than the ongoing estimates of 20-30 million units. A 6.1-inch iPhone with an LCD display would likely be more profitable than iPhone X at a reduced price. There are numerous reports coming out out from financial analysts arguing that iPhone X demand is "soft" or below expectations.
  • Apple Planning New Campus in US, Repatriating Cash

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    We wrote during the debate over the bill about the likelihood that getting rid of the tax would spur a massive infusion of cash back into the USA economy. After plowing almost $46 billion into dividends and stock repurchases in its last fiscal year, Apple is still likely to funnel a big chunk of overseas money to its shareholders.
  • What happens during a US Govt shutdown

    What happens during a US Govt shutdown

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    During previous shutdowns, lawmakers were advised that they did not have to furlough aides they needed to write laws, help them vote, or communicate with their constituents. Mulvaney and Marc Short, the White House legislative director, spoke as the Republican-controlled Congress battled through budget negotiations in the shadow of a midnight deadline.
  • Steve Bannon backs off from explosive comments about Trump's son

    Steve Bannon backs off from explosive comments about Trump's son

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    The new book by Michael Wolff provides insight into the inner-workings of the Trump presidency and portrays an incompetent President in a confused White House. A very short story on Breitbart confirmed the change with a very short statement from Bannon himself. "I'm grateful for the time [Bannon] gave me, the insights he gave me and I don't want to put him in more hot water than he's already in", Wolff said.
  • U.S. federal govt shuts down over budget row

    U.S. federal govt shuts down over budget row

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    Tio Javier: Throughout the shutdown, all day and night, you'll pay happy hour prices when you show a valid government ID. For his part, President Trump has been more hinderance than help for Congressional Republican leadership during these most recent government funding negotiations.
  • Bitcoin crashes: Has the bubble burst?

    Bitcoin crashes: Has the bubble burst?

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    It last traded below $10,000 on December 1, when the US Commodity Futures Trading Commission agreed to allow trading in Bitcoin futures. Obviously, not everyone is interested in circumventing worldwide sanctions, buying illicit goods off darkweb markets, or trading the digital asset for other digital currencies to make profits.
  • Delhi HC refuses interim relief to disqualified AAP MLAs

    Delhi HC refuses interim relief to disqualified AAP MLAs

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    BJP spokesperson Sambit Patra said, claiming that "the AAP is the most corrupt party in the country". I want to ask do they use official bunglow or vehicle? Maken said the Delhi Congress was ready for polls and held a meeting with its former MLAs representing these seats to gear up for fresh elections.
  • Dow on track to top 26000 at open

    Dow on track to top 26000 at open

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    UPDATE: DJIA is up over $26,000 again on January 17th. "However, we are getting to Dow 26,000 because investors are treating every company like a victor", said Alexandra Coupe, associate director for PAAMCO. The energy sector fell 1.2 percent as Brent crude oil shed some of its recent gains, falling almost $1 per barrel. The price of bitcoin soared last year after starting 2017 under $1,000, but has languished this year amid signs of increased scrutiny from governments.
  • Price Target Estimates: Digital Realty Trust Inc. (DLR)

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    Many traders will use a combination of moving averages with different time frames to help review stock trend direction. (NYSE:EDR) has declined 7.19% since January 18, 2017 and is downtrending. Investors of record on Friday, June 30th were given a $0.505 dividend. Analyzing the overall image of stock during recent quarter then we found that stock performance is trading down -12.84%.
  • Dow breaches 26000 mark on robust earnings reports

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    ASIA'S DAY: Japan's benchmark Nikkei 225 lost 0.4 percent to finish at 23,763.37. Billionaire investor Sam Zell said on CNBCs “Squawk Box” Tuesday morning, “I think the current situation seems like irrational exuberance.” Zell was echoing a widely-quoted statement that then-Federal Reserve Chairman Alan Greenspan issued in 1996, when the market was frothy.
  • Michigan Out of Running to Become Home of Amazon HQ2

    Michigan Out of Running to Become Home of Amazon HQ2

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    Newark, NJ-Newark has been named as one of 20 finalists to host Amazon's next headquarters in North America. Amazon plans to invest $5 billion in the new headquarters and could employ as many as 50,000 people in and around the city it chooses.
  • Why does South Korea matter so much to Bitcoin?

    Why does South Korea matter so much to Bitcoin?

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    According to reports in Bloomberg , China is considering shutting down the access to online services that allow people to trade digital currencies, such as exchange websites. Like Bitcoin , Ripple is already fighting towards a comeback. How Is Mooncoin (MC) Responding To The Price Slump? Bitcoin , the king of all cryptocurrencies, dropped below $10,000 last night, in the steepest drop-off in value since January of past year.
  • Porn star reveals details of affair with Trump

    Porn star reveals details of affair with Trump

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    For the Journal piece, Trump's lawyer, Michael Cohen , submitted a statement from Daniels denying the claims. The porn star has also previously denied the alleged relationship with Trump . The encounter allegedly occurred when Daniels accepted Trump's dinner invitation after the two crossed paths at a charity golf event. She is said to have had an affair with Trump in 2005 - and was allegedly paid for her silence by the tycoon turned president in 2011.
  • Crude Oil Levels Off As Gasoline Stockpiles Jump

    Crude Oil Levels Off As Gasoline Stockpiles Jump

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    As a result, oil prices have recently moved above the $70 mark, after hitting a 10-year low of less than $30 in January 2016. However, the bulls that are riding heavily on this recovery have strong reasons to stick to their stance. The report projected that by 2020, the United States was set to become the largest global oil producer (overtaking Saudi Arabia until the mid-2020s), and resulting in a continued fall in U.S.
  • Earnings Outlook Revision Scan: Antero Midstream Partners LP

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    Shell Midstream Partners ( NYSE:SHLX ) traded up $0.23 during mid-day trading on Monday, reaching $30.15. About 355,520 shares traded. Noble Midstream Partners LP (NYSE:NBLX) has 0.00% since January 17, 2017 and is. Greenleaf has invested 0.01% of its portfolio in Genpact Limited (NYSE:G). Sumitomo Mitsui Trust Hldg invested in 0.02% or 162,000 shares. Among 40 analysts covering Visa Inc.
  • GST Council reduced rates of 29 goods, 54 categories of services

    GST Council reduced rates of 29 goods, 54 categories of services

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    GST rates have also been reduced in few agricultural products. The council has also recommended reducing taxes on diamond and precious stones to 0.25 percent from 3 percent. So far, there has been no progress on this. Every registered GST taxpayer will now have to generate an e-way bill on the common portal and the unique number will be made available to the supplier, recipient and the transporter.
  • North & South Korea to Enter as One in Winter Olympics

    North & South Korea to Enter as One in Winter Olympics

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    The announcement also includes plans to organize a joint women's ice hockey team , which if approved would be the first combined Korean team for the Olympics - a symbolic milestone that comes only days after a false ballistic missile scare sent shock waves across Hawaii .
  • Most conservative Republicans will back House spending bill that would prevent shutdown

    Most conservative Republicans will back House spending bill that would prevent shutdown

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    House Democratic leader Nancy Pelosi was scathing about the insertion of CHIP in the government funding bill, saying the measure did not include money for community health centers needed to support the program. The new national survey by Pew Research Center, conducted January 10-15 among 1,503 adults, finds that 61% of the public thinks this year will be better than last year; a year ago, 49% said 2017 would be better than 2016.
  • Goldman Sachs Group Inc (GS) Stake Increased by Sterling Investment Management Inc

    Goldman Sachs Group Inc (GS) Stake Increased by Sterling Investment Management Inc

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    Capital World Investors now owns 7,649,583 shares of the investment management company's stock worth $1,697,442,000 after buying an additional 726,582 shares during the period. It has a 8.84 P/E ratio. Excluding the tax legislation, adjusted earnings for the quarter were $5.68 per share. On Tuesday, August 2 the stock rating was downgraded by BMO Capital Markets to "Market Perform".
  • Analyst's Rated Stock: Dick's Sporting Goods Inc. (DKS)

    Financiera

    While talking about Performance of the Stock, Dick's Sporting Goods Inc. now has a Weekly performance of 5.14%, monthly performance percentage is 6.88 percent, Quarterly performance is 30.1 percent, 6 months performance shows a percent value of -14.74% and Yearly Performance is -38.56 percent.
  • Chip makers find patches for Meltdown and Spectre not so simple

    Chip makers find patches for Meltdown and Spectre not so simple

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    While companies like Apple , Microsoft , Google, and many others are working round the clock, there is still a long way to go before these exploits are completely contained. For its part, Intel says it has made "significant progress" toward finding the root cause of the issue . Each of the Windows systems we tested had these firmware updates installed either from the manufacturer website or from the software update utility, a process that involves flashing the BIOS .
  • Israel Considers Expanding Military Control to Areas of East Jerusalem

    Israel Considers Expanding Military Control to Areas of East Jerusalem

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    Prime Minister Benjamin Netanyahu hailed the decision and called it "historic". What happens in the U.S. on American college campuses when Jews students try to hold a public meeting addressing Palestinian Arab terrorism? "She also urged the students to question their elected officials about the enormous funds given to Israel and the unfair legislation against the Palestinian people and their leadership".
  • Benjamin Netanyahu India Visit Full Live Updates and Scheduled

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    He will be the first Indian prime minister to visit Palestine ever. Earlier in the day, Netanyahu met Mumbai 26/11 terror attack survivor Moshe Holtzberg at Nariman House. India chose to cancel the deal as the government feared that buying the missiles from Israel would hamper local missile development efforts; although some security sources say that the issue was actually a competing American offer.
  • Analysts See $0.20 EPS for Enable Midstream Partners, LP (ENBL)

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    It has outperformed by 74.38% the S&P500. Friedberg Investment Management sold 15,320 shares as the company's stock declined 9.60% while stock markets rallied. Therefore 9% are positive. National Retail Properties had 25 analyst reports since July 23, 2015 according to SRatingsIntel. The company was maintained on Tuesday, July 21 by Argus Research.
  • Dow ends above 26000, just eight trading days after hitting 25000 — Factbox

    Dow ends above 26000, just eight trading days after hitting 25000 — Factbox

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    The cryptocurrency is now trading more than 40% below the peak it reached late last year, though it is still considerably higher than it was a year ago. Boeing had its worst day since September 2016. US crude is down 0.31% at the time of writing at US$63.77 a barrel. The Dow's latest milestone-setting move happened shortly after the market opened Tuesday as investors weighed encouraging earnings from Citigroup and UnitedHealth Group.
  • Traders Secrets on JC Penney Company, Inc. (JCP), Comcast Corporation (CMCSA)

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    The PEG ratio is used to determine a stock's value while taking the company's earnings growth into account, and is considered to provide a more complete picture than the P/E ratio. ( JCP ) analysts on average have given a price target of $6.95 on JCP stock. Sei Invests has invested 0% in J. C. Penney Company, Inc. ( JCP ) will report its next earnings on Feb 09 BMO.
  • Dow ends above 26000 for first time as stocks rally broadly

    Dow ends above 26000 for first time as stocks rally broadly

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    Day, though stock market index futures gained. The higher the RVOL the more In Play the stock is. Hopes of strong quarterly earnings , supported by steep cut in corporate taxes, and solid global economic growth have bolstered Wall Street's optimism in the start to 2018.
  • OPEC oil output up by 42000 b/d

    OPEC oil output up by 42000 b/d

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    Nonetheless, the price jump means that delegates gathering in the Omani capital of Muscat face increased urgency to decide how to phase out the curbs. In its monthly report released this morning, OPEC expects USA production to rise by 1.15 million barrels a day in 2018, keeping the pressure on the cartel and its allies to extend their production cuts even as prices rise and invite more drilling.
  • EPL: Guardiola speaks on Manchester City successive victories, Newcastle clash

    EPL: Guardiola speaks on Manchester City successive victories, Newcastle clash

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    When City's Abu Dhabi-based owners hired Guardiola previous year, they dreamed of the Spaniard delivering bountiful success in swaggering style. His focus is a constant. Jurgen Klopp's side have been held to frustrating draws during their last two home matches, and their trip to the Emirates Stadium ended in another entertaining stalemate as a six-minute collapse saw the Reds blow a two-goal lead before fighting back to draw 3-3 with Arsenal .
  • Barcelona troll Ronaldo after 3 - 0 win in El Clasico

    Barcelona troll Ronaldo after 3 - 0 win in El Clasico

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    However, there didn't appear to be such a margin between the sides in the first 45 minutes as Madrid dominated. It took until the half-hour mark for Barcelona to register their first shot of the contest, but it was one which drew a smart save from Keylor Navas as Paulinho latched on to a fine Messi pass before seeing his powerful first-time half-volley tipped over the crossbar.
  • Dow Jones Blows by 26K

    Dow Jones Blows by 26K

    Financiera

    The reversal took place as concerns of a government shutdown loomed over investors' minds. The Dow closed above 26-thousand for the first time on Wednesday, continuing its early-year surge. Sterling slipped on easing inflation. FILE PHOTO: The trading floor is seen on the final day of trading for the year at the New York Stock Exchange (NYSE) in Manhattan, New York, U.S., December 29, 2017.
  • Ford Will Invest $11 Billion In Electric Cars By 2022

    Ford Will Invest $11 Billion In Electric Cars By 2022

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    The U.S. version of the Ford Ranger midsize pickup truck debuted on Sunday. Federal tax legislation signed previous year was referenced during the presentation with Farley and Bob Shanks, Ford executive vice president and chief financial officer, but there was no mention of employee bonuses.
  • US Senate Passes Trump Tax Bill

    US Senate Passes Trump Tax Bill

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    The bill will not be "enrolled" yet - the formal term for when a final copy of a bill passed by both houses of Congress is sent to the White House . This is most likely to affect buyers in expensive markets, such as California and NY. The corporate portion was "probably the biggest factor in our plan", he said.
  • Bitcoin Price Fall: Investors Hold, Saying Cryptocurrency Crash Is a 'Yearly Pattern'

    Bitcoin Price Fall: Investors Hold, Saying Cryptocurrency Crash Is a 'Yearly Pattern'

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    Analysts believed that the price of the Bitcoin would stabilize to $15,000, but this prediction did not prove to be true. Bitcoin approached a record $20,000 in mid-December as it launched on futures exchanges in the United States. The biggest issue with cryptocurrencies is the fact that they are facing a huge regulatory push from governments around the world. Coindesk reported that "all the top 20 cryptocurrencies by market capitalization are in the red today", with "the overall ...
  • US Commentary: Futures Pointing To Sharply Higher Open On Wall Street

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    MARKETS OVERSEAS: Major stock indexes in Europe were mixed. Tech stocks were also notable gainers with BlackBerry (TSE:BBRY) shooting up 1%, to $16.99 a share. Investors have been encouraged by strong global growth and rising company earnings. On Friday, stocks booked their second-straight week of gains and ended at record levels.
  • U.S. stock rally sputters as Dow fails to hold 26000

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    Wall Street's main indexes rose sharply on Tuesday, with the Dow hitting the 26 000 mark for the first time, as the fourth-quarter earnings season kicked into high gear. Specialist Meric Greenbaum, left, works with traders Michael Conlon, center, and Daniel Ryan on the floor of the New York Stock Exchange on Tuesday, Jan.
  • Mark Hamill just tore Trump to shreds with his latest comment

    Mark Hamill just tore Trump to shreds with his latest comment

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    Meanwhile, Twitter responded to Trump's latest "childish" tweets on the subject with a slew of taunting jokes, comments and memes with many saying "thanks for promoting" the book. The legendary bookstore started trending on Twitter . "Whether he realized it was an interview or not, I don't know". Trump prefaced his defenses by writing that his opponents in politics and the media "are taking out the old Ronald Reagan playbook" by questioning his mental stability .
  • Inflation offers some relief in December

    Inflation offers some relief in December

    Financiera

    Sam Tombs at Pantheon Macroeconomics saw reassuring signs that CPI inflation has peaked and the worst effects of sterling's depreciation have passed, with food inflation falling to 3.9% from 4.1% a month earlier, while core goods inflation held steady at 2.5%, below August's peak of 2.8%.
  • GE Considers Break-up Of Company

    GE Considers Break-up Of Company

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    Falcon Point Capital Llc increased its stake in Blackhawk Network Holdings (HAWK) by 23.5% based on its latest 2017Q3 regulatory filing with the SEC. Investors measure stock performance on the basis of a company's earnings power. Jefferies maintained Ross Stores, Inc. (Sector perform, price target US$20) GE's insurance reserve is "much worse than anticipated". The stock has "Sell" rating by BMO Capital Markets on Friday, July 28.