Markets
Grenfell Tower death toll: thirty people killed in London fire, police confirm
After visiting the site of the devastating fire in a 24-storey tower building in London , May said on Thursday that she wanted to make sure the bad tragedy is properly investigated. According to the Times of London , the cladding's manufacturer said its use is banned in the USA on high-rise buildings "because of the fire and smoke spread". [Full Article...]
Amazon to acquire Whole Foods in $13.7 billion deal
It operates approximately 456 stores in the United States , Canada, and the United Kingdom. Whole Foods has received a lot of pressure from key investors, resulting in a shake-up in management. Will online retailers such as Amazon change the way people shop, permanently? "This might be an opportunity for consumers who have felt that Whole Foods is inaccessible", said Lauren Beitelspache... [Full Article...]
Kamala Harris, a prosecutor and a senator
Trump Confirms He's Under Investigation
The President's ire appeared to be directed against deputy attorney general Rod Rosenstein , who had made the legal case for firing Comey and who is now overseeing the investigation after appointing special counsel Robert Mueller to probe Russia's alleged role in the US Presidential election . [Full Article...]
US Secret Service says it does not have Trump tapes
On Friday, Mr. Trump kept the tapes mystery alive, telling reporters in the White House Rose Garden, "I'll tell you about that maybe sometime in the very near future". Trump himself has also refused to make any definitive statement on the existence of the tapes, saying Friday that reporters would be "very disappointed" when he gives them his answer. [Full Article...]
The Weekly Investment Analysts' Ratings Changes for Summit Midstream Partners, (SMLP)
Enable Midstream Partners, has a 12-month low of $11.95 and a 12-month high of $17.36. It has underperformed by 16.70% the S&P500. FCF quality is calculated as the 12 ltm cash flow per share over the average of the cash flow numbers. Castleark Mgmt Ltd Liability Corporation invested in 0.04% or 50,600 shares. TheStreet cut PennTex Midstream Partners, from a "c-" rating to a "d+" rating in a rese... [Full Article...]
Amazon to buy Whole Foods for $13.7 billion
Who knows? Maybe Amazon will introduced a 21 century version of the grocery delivery boy/girl? The announcement has sent traditional grocery stores and chains such as Target and Walmart scrambling. Biotech company Celgene was upgraded by Leerink Partners to Outperform, and its stock jumped over 1 percent. That's frustrated investors saddled with a drop of almost 43 percent from the s... [Full Article...]
Halfway through June, still no GOP health bill in Senate
Health care advocates are hoping that bill will be less severe than the one passed by the House, which would cut $800 billion from Medicaid over the next decade. According to an estimate , higher premiums and cuts to Medicaid expansion would have left 24 million more people uninsured than Obamacare in 2026. [Full Article...]