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Toys R Us files for Chapter 11 reorganization


Toys " R " Us continues to operate its business in the ordinary course in terms of its customers, team members, vendors and partners. Meanwhile, the filing of Toys "R" Us' bankruptcy raised people's attention on what would be the future trend of retail industry. Read More »

Yellen fires starting gun on the end of QE


Therefore, the Fed can feel confident that its own measures should not send yields flaring up in a disrupting way for bond markets . That helped send bank stocks higher. The Bank of Canada's rate now sits at 1 per cent. "This puts a little pressure on gold", said Jeff Klearman , a portfolio manager at GraniteShares, a provider and manager of exchange-traded funds. Read More »

Gold Slightly Up Ahead of FED Statement

Nevertheless, markets had other factors to contend with when trying to anticipate the monetary authority's decision come December, as vice-president Stanley Fischer - who was on the more hawkish side of the policy debate - was set to leave beforehand, as Philip Marey at Rabobank pointed out. Read More »

Global Markets Look to Fed Meeting


The U.S. dollar shone while Asian shares slipped slightly on Thursday after the U.S. Federal Reserve announced a plan to start shrinking its balance sheet and signalled one more rate hike later this year. The US dollar remained weak ahead of the Federal Reserve's announcement and the Fed Chair's press conference later in the session. The dollar index ended the day with a growth of 0.17% to 91.81 points. Read More »

Eden Hazard Says Chelsea Can Play with their Eyes Closed


We have come here and struggled in recent years, but we showed what we're capable of, competing against the best. Cech, however, made a fine-one-on-one save. However, in Lacazette's case, he only lasted 65 minutes and was then subbed off for Alexis Sanchez . Fabregas and Hazard had space and, because of Chelsea's midfield diamond and lack of numbers out wide, so did Kolasinac and Bellerin. Read More »

Monday Memo: Boeing investor day, Fed interest rate decision


Industrial companies, including airlines, led the gainers. Technology stocks were down the most. Japan's Nikkei stock index () surged 1.2 percent in early trade, catching up to global equities gains and responding to a weaker yen as Tokyo markets reopened after a public holiday on Monday. Read More »

Crude Oil Prices Rebound In Asia With API Ahea


The OPEC Reference Basket rose for the second-consecutive month in August to average $49.60/b, representing a gain of $2.67/b or 6%. Prices advanced 3.6 per cent this week. For the tanker market , the OPEC in its own report stated that, "Average spot freight rates in August followed the typical trend seen in the summer months, with a weakening on most reported routes". Read More »

Equifax Hacked Months Before Major Breach


The company promptly engaged a leading, independent cybersecurity firm to conduct a comprehensive forensic review to determine the scope of the intrusion, including the specific data impacted. The company says it will notify by mail all who had personally identifiable information stolen. They can even get a bogus drivers license based on your information and, if ever given a speeding ticket, it's you that will carry the blame. Read More »

Ryanair offers €12000 bonus to pilots who give up leave


FLIGHT CLUB Is your Ryanair flight cancelled? However, in a press conference on Monday afternoon (19 September), Ryanair chief executive Michael O'Leary quashed reports that the airline had lost a slew of pilots to Norwegian . The need to cancel flights is partly because Ryanair is moving the leave year for its pilots and cabin crew from the current April-March period to January-December next year. Read More »

Hurricane Maria pummels the Caribbean, in pictures


The storm is moving in a similar direction to hurricane Irma , which left destruction along many islands and Florida . Hurricane Maria continues gaining strength and is now a category five storm. Winds are expected to hit speeds of up to 140 miles per hour, and it's expected to be at category 3 or 4 intensity by the time it hits into the extreme northeastern Caribbean Sea. Read More »

Toys R Us remains open despite debt woes


Toys "R" Us has 13 stores in Hong Kong, according to its official website. Toys R Us has $4.9bn in debt , $400mn of which has interest payments due in 2018, with a further $1.7bn due to be repaid in 2019. From November and December alone, retailers like Toys "R" Us have the potential of making almost half of their average annual revenue. Toys "R" Us said it "is expected to immediately improve the company's financial health and support its ongoing operations during the ... Read More »

Nursing home residents found dead in Florida after Hurricane Irma


Trump praised first responders and local officials for their handling of the storm. Florida's US senators said Thursday they want federal health officials to delve into a Broward County nursing home where eight residents died after Hurricane Irma - and to take steps to make sure such incidents don't happen again. Read More »

McLaren split from Honda and switch to Renault

McLaren announced it would be splitting with Honda at the end of the season, following a disappointing three-year collaboration, and switching to Renault for three years, reports Efe. Despite the trouble, Honda will remain on the grid in 2018 when it switches to supplying Toro Rosso , Red Bull's junior squad. Meanwhile, it is understood Honda will supply Toro Rosso from next season. Read More »

Over 100 escaped British Virgin Islands prisoners re-captured


So she and her friends were purchasing all the supplies they could in Puerto Rico, to be sent by boat to the island. You know, they're also still trying to evacuate people out. They're anxious that in the months ahead, the Virgin Islands might get lost in the static of these other disasters that are playing out on the mainland. Read More »

Irma death toll rises as 5 dead at South Florida nursing home

Local authorities reported that the devastating tropical storm broke the fuse that maintained the air-conditioning units at the Rehabilitation Center at Hollywood Hills . "The thing that hits them first is dehydration and then their temperature increases and then respiratory issues kick in", Broward County Commissioner Nan Rich said. Read More »

New details on IT sequel revealed


And though Warner Bros. hasn't officially pulled the trigger on a sequel (at least publicly), it's a foregone conclusion that it's going to happen That's especially true since at the end of the movie, the "It" title comes up on the screen, followed by " Chapter One ". Read More »

Oil punches through $50 U.S. a barrel as world demands more crude


This is published unedited from the PTI feed . Financial Times reports in its article Global oil markets have "started to rebalance" - IEA that Opec producers are targeting $60 a barrel, which even delegates say is looking unlikely. Markets will be influenced later in the day when the U.S. Energy Information Administration releases its short-term market report, which includes forecasts for crude oil prices . Read More »

Unusual Activity Sighted in 22nd Century Group, Inc

The company holds 93.32 million outstanding shares and 85.52 million shares are floating in market. The Average Volume of the company is 2.53 Million, while the Volume of the company in the last trading session was 4.81 Billion. Currently, the 14-day ADX for 22nd Century Group Inc (XXII) is sitting at 41.23. (:XXII)'s stock was 177.06%. If we checked the overall image of stock during recent quarter then we found that stock performance is trading up 66.85%. Read More »

LBA Has $2089000 Position in Oracle Corporation (ORCL)


Moving toward the technical facts, its current distance from 20-Day Simple Moving Average is 5.07% and standing 5.46% away from 50-Day Simple Moving Average while traded up 17.91% from 200-Day Simple Moving Average. It turned negative, as 14 investors sold Saul Centers Inc shares while 25 reduced holdings. Finally, Goldman Sachs Group, Inc. Gwm Advisors LLC expanded its position by buying 1,191 shares an increase of 17.2% from 03/31/2017 to 06/30/2017. Read More »

Toro Rosso commits to three-year Honda deal


Multiple sources with good knowledge of the situation have revealed the Ricciardo bid happened during the complicated negotiations that allowed McLaren and Toro Rosso to swap their Honda and Renault engine supplies for next year. "I thought we would be in with a really good shot this year, but it hasn't turned out like that". After repeatedly and publicly criticizing Renault throughout 2014 and 2015, Red Bull nearly found itself out of an engine for 2016. Read More »

Petrol, diesel prices on a 3-year high


But where do things really stand? Low fuel prices discourage people from using public transport such as buses and trains. In an ironical observation, it has been discovered that although, the cost of crude oil , in worldwide market, has reached half of the price in past three years, price of petrol and diesel have reached its highest since 2014. Read More »

Bitcoin China to cease digital assets trading


Matt Roszak, the chairman of Washington-based Chamber of Digital Commerce, an industry advocacy group, and an investor in BTC China , said he anticipates that the exchange will resume operations by the end of the year. The cryptocurrency tumbled to as low as $US3,720.01 on the Bitstamp exchange before recovering to trade around $US3,810 by 1524 GMT (0124 Thursday AEST), still down 8.7 per cent on the day. Read More »

Bank of England may hike rates within months


On Thursday afternoon the pair tumbled to its lowest level in over a year, 0.7483. The pound advanced to more than a 5-week high of 1.2708 against the Swiss franc, from an early low of 1.2560. UBS fixed income strategist John Wraith this week advised clients to take talk of higher rates with a pinch of salt. Members of the MPC voted by a majority of 7-2 to maintain interest rates at 0.25%. Read More »

One in Five Californians Live in Poverty


But if these were really boom times, earnings should be going up, too - with ample gains for all Americans, men and women, urban and rural, Midwest and West. Nationwide, the supplemental poverty rate decreased to 13.9 percent in 2016, from 14.5 percent in 2015. Some 40.6 million Americans were in poverty, 2.5 million fewer than a year earlier. Read More »

OPINION: There's still hope for some DACA 'dreamers'

DACA , in the simplest sense, is to help undocumented immigrants who came to America as children stay in the country and build their lives. Call it the reverse wedge issue. Immigration purists want nothing short of mass deportations, while political pragmatists fear that ending it will do long-term damage both to innocent people and to the party. Read More »

Trump Should Leave DACA Alone — Ryan


As we await a decision from the White House, it is imperative to emphasize the local and national consequences of shuttering such a critical program. The Republican president has pledged to deport millions of undocumented immigrants and keep Latin American immigrants from illegally entering the country by building a wall on the border with Mexico. Read More »

Sterling Surges as UK Inflation Jumps Higher


Morgan Stanley predicted last month that the pound will hit parity with the euro in 2018. But he has also said a slowdown in investment by companies anxious about Brexit meant Britain's economy might be less able to grow without overheating, a warning to investors that a rate hike might come sooner than they thought. Read More »

About half of DeKalb County lost power due to Hurricane Irma


Rick Scott's forward-leaning decision to declare a state of emergency, which well-positions FPL as we execute our pre-storm efforts". The total number of customers still out, representing about 9 million people in Florida, Georgia and the Carolinas, dipped from a peak of more than 7.8 million customers, or over 16 million people, on Monday. Read More »

UK inflation rises further above Bank of England's target


The 2.9% inflation is the highest since April 2012 and was previously logged in May this year. Sterling is now at $1.327 against the US Dollar, almost half a cent down from the high of $1.332 struck this morning. "We expect the RBI to maintain status quo on policy rates at the October monetary policy meet". However, economists said the Bank was still highly unlikely to raise rates at the meeting. Read More »

Russia, Japan "decisively condemn" N. Korea missile launch: Putin


President Trump has refused to rule out a military response to North Korea after Pyongyang successfully tested a hydrogen bomb it says is capable of fitting in an intercontinental ballistic missile (ICBM). Earlier this month North Korea tested what United States officials now believe was a thermonuclear, or hydrogen, bomb - which could have a much larger impact than a conventional nuclear weapon. Read More »

Aldeyra Therapeutics, Inc. (NASDAQ:ALDX) Moving 31.40% For The Week


The market capitalization (Stock Price Multiply by Total Number of Outstanding Shares) for the company is reported at $86.61M. Legal And General Public Limited Company holds 64,126 shares. (:RELY), we notice that the stock is 22.90% off of the 20-Day Simple Moving Average . The company's diluted EPS for trailing twelve months was -1.47. Read More »

Bracing for added sanctions, North Korea says U.S. will pay 'due price'

Though Russia voted in favor of the resolution on Monday, President Vladimir Putin earlier downplayed the effectiveness of sanctions given North Korea's unrelenting nuclear ambitions. "My sense is they believe that they don't have time for a delicate diplomatic dance", he said. It was meant to be maximalist. "The Chinese are not going to retaliate because they know these banks, firms, and individuals are doing the wrong thing", Ruggiero, who spent 17 years in the United States ... Read More »