Markets
Avon Products, Inc. (AVP) Shares Gap Down After Earnings Miss
If the market is performing well and the stock is over-valued, AVP might be a good investment at this point but if the market is dropping down, you might not consider buying the stock. Scully James S bought 150,000 shares worth $655,440. Avon Products, Inc. has a consensus hold rating from 9 Wall Street analysts, and the number of shares now sold short amount to at least 3.91% of shares outst... [Full Article...]
Theresa May, pound both take a pounding
In the event of a Labour party victory, the direction of sterling is less clear, than it would be under a Conservative victory, where, the Jupiter managers add, that an uplift in its value is expected. At Berenberg, senior economist Kallum Pickering also said the latest drop in support has made the election more uncertain. However, one must consider that in a small time span it is very hard ... [Full Article...]
Maldives follows Saudi Arabia, Egypt in severing ties with Qatar
NPR's David Welna, who is traveling with Tillerson and Mattis, notes that the rift among USA allies "comes just 10 days after President Trump addressed an anti-terrorism summit of Arab leaders in Saudi Arabia , and some see Trump's siding there with Sunni monarchs and his rhetoric against Iran as having given a kind of green light to blackballing this Gulf nation". [Full Article...]
Bill Cosby's sexual assault trial to begin in Pennsylvania
Keshia Knight Pulliam , who played Rudy on " The Cosby Show ", said Monday that "ultimately it's about standing by your truth". She said he "intimidated" her into taking a white pill to help her "relax" - and then, some time later, she woke to find herself on the bed in the bedroom of his bungalow, partially undressed, her breasts exposed. [Full Article...]
United States energy secretary challenges China to be leader on climate
U.S. Secretary of Energy Rick Perry said on Monday the United States was committed to the environment despite President Donald Trump's decision to pull out of a 2015 global agreement to fight climate change. Japan's Economy, Trade and Industry Minister Hiroshige Seko expressed feelings of regret that the U.S. had pulled out of the Paris climate pact when meeting with U.S. [Full Article...]
Justin Bieber, other stars get emotional at One Love Manchester Benefit concert
She told the crowd: "I want to thank you for coming together and being so loving and strong and unified". When rumors began circulating that the concert would be canceled in the wake of Saturday night's terrorist attack in central London , Grande's manager released a statement saying the concert would "not only continue" but would "do so with greater objective". [Full Article...]
Mexican, US legislators meet on NAFTA, security, trade
Juan Cortina, chairman of the Mexican Sugar Chamber, said Friday he believes there is a a "good possibility" that agreement will be reached by Monday, Politico reported on Friday. But U.S. growers and the cane refining industry have said the agreement is not working because Mexico has been sending semi-refined sugar rather than the raw sugar that U.S. [Full Article...]
Once the government broke off diplomatic relations with Qatar
Saudi Arabia said t would begin blocking all Qatari flights at midnight. There could be long-term economic consequences for Qatar, which would affect the millions of migrant workers and expatriates living there. "The Middle East is not at a point where it can endure a new crisis", he said. Before Monday, Qatar had appeared unperturbed by the growing political tensions. [Full Article...]