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House speaker urges Trump not to scrap 'Dreamers' immigration policy B
© Reuters. FILE PHOTO: House Speaker Paul Ryan speaks about healthcare By Steve Holland and Jeff Mason WASHINGTON (Reuters) - House of Representatives Speaker Paul Ryan urged President Donald Trump on Friday not to rescind an Obama-era program that protects immigrants who entered the United States illegally as children, joining business leaders and others opposing the move.
U.S. regulators drop fraud case against Wall Street financier Wey By R
© Reuters. FILE PHOTO: Benjamin Wey, the head of New York Global Group, exits the Manhattan Federal Courthouse following his hearing in New York By Brendan Pierson (Reuters) - U.S. securities regulators on Friday moved to drop their fraud case against Wall Street financier Benjamin Wey, about a month after prosecutors dropped a related criminal case after a judge threw out some evidence.
Neovasc loses appeal in Tiara patent case, on the hook for $112M; shares down 6%
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Apple changes Siri head, goes Hollywood By Seeking Alpha
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Reuters: Valero to push back Sunray refinery unit overhaul By Seeking
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Finland stocks higher at close of trade; OMX Helsinki 25 up 0.50% By I
© Reuters. Finland stocks higher at close of trade; OMX Helsinki 25 up 0.50% Investing.com – Finland stocks were higher after the close on Friday, as gains in the Basic Materials, Consumer Goods and Consumer Services sectors led shares higher. At the close in Helsinki, the OMX Helsinki 25 rose 0.50%. The best performers of the session on the OMX Helsinki 25 were Amer Sports Corporation (HE:AMEAS), which rose 3.06% or 0.68 points to trade at 22.89 at the close.
Italy stocks higher at close of trade; Investing.com Italy 40 up 0.82%
© Reuters. Italy stocks higher at close of trade; Investing.com Italy 40 up 0.82% Investing.com – Italy stocks were higher after the close on Friday, as gains in the Chemicals, Healthcare and Oil & Gas sectors led shares higher. At the close in Milan, the Investing.com Italy 40 added 0.82%. The best performers of the session on the Investing.com Italy 40 were Fiat Chrysler Automobiles NV (MI:FCHA), which rose 5.45% or 0.690 points to trade at 13.340 at the close.
Cycling: Trentin outsprints rivals to take third Vuelta stage win By R
© Reuters. Cycling - The 104th Tour de France cycling race MADRID (Reuters) - Matteo Trentin completed a hat-trick of stage wins in the Vuelta A Espana by finishing fastest in the bunch sprint at the end of Stage 13 on Friday while Chris Froome retained his overall lead.
Portugal stocks higher at close of trade; PSI 20 up 0.75% By Investing
© Reuters. Portugal stocks higher at close of trade; PSI 20 up 0.75% Investing.com – Portugal stocks were higher after the close on Friday, as gains in the Consumer Goods, Financials and Basic Materials sectors led shares higher. At the close in Lisbon, the PSI 20 gained 0.75%. The best performers of the session on the PSI 20 were Sonae Capital (LS:SONAC), which rose 2.13% or 0.0160 points to trade at 0.7660 at the close.
Denmark stocks higher at close of trade; OMX Copenhagen 20 up 0.44% By
© Reuters. Denmark stocks higher at close of trade; OMX Copenhagen 20 up 0.44% Investing.com – Denmark stocks were higher after the close on Friday, as gains in the Software & Computer Services, Technology and Financials sectors led shares higher. At the close in Copenhagen, the OMX Copenhagen 20 gained 0.44% to hit a new 52-week high. The best performers of the session on the OMX Copenhagen 20 were FLSmidth & Co. (CO:FLS), which rose 1.68% or 6.6 points to trade at 400.0 at the close.
Brazil watchdog urges quick solution to Oi's license issue By Reuters
© Reuters. The headquarters of the Brazil's largest fixed-line telecoms group Oi, is pictured in Rio de Janeiro RIO DE JANEIRO (Reuters) - The head of Brazil's telecommunications industry regulator vowed to analyze quickly whether to remove Oi SA's operating license as a protracted bankruptcy protection takes a toll on the phone carrier's finances.
'La La Land''s Chazelle partners with Netflix for Paris TV musical By
© Reuters. 89th Academy Awards - Oscars Backstage LOS ANGELES (Reuters) - Damien Chazelle, the Oscar-winning director of hit movie "La La Land," has another musical in the works, this time a multilingual television series set in Paris. Streaming company Netflix (O:NFLX) said on Friday it was teaming up with Chazelle on "The Eddy," an eight-part series that will be shot in France with dialogue in French, English and Arabic.
Spain stocks higher at close of trade; IBEX 35 up 0.25% By Investing.c
Spain stocks higher at close of trade; IBEX 35 up 0.25% Investing.com – Spain stocks were higher after the close on Friday, as gains in the Building & Construction, Financial Services & Real Estate and Consumer Services sectors led shares higher. At the close in Madrid, the IBEX 35 added 0.25%. The best performers of the session on the IBEX 35 were ArcelorMittal SA (MC:MTS), which rose 2.59% or 0.580 points to trade at 23.000 at the close.
House Speaker Ryan says Trump should not rescind immigration program B
© Reuters. FILE PHOTO: A protester writes a sign that reads "Defend DACA" at a protest against U.S. President Donald Trump's proposed end of the DACA program that protects immigrant children from deportation in New York City WASHINGTON (Reuters) - U.S. House of Representatives Speaker Paul Ryan said on Friday President Donald Trump should not rescind an Obama-era program that protects immigrants who entered the country illegally as children, adding that Congress needs to address it.
U.K. stocks higher at close of trade; Investing.com United Kingdom 100 up 0.10%
© Reuters. U.K. stocks higher at close of trade; Investing.com United Kingdom 100 up 0.10% Investing.com – U.K. stocks were higher after the close on Friday, as gains in the Automobiles & Parts, Mining and Electrical sectors led shares higher. At the close in London, the Investing.com United Kingdom 100 added 0.10%. The best performers of the session on the Investing.com United Kingdom 100 were Micro Focus International (LON:MCRO), which rose 7.55% or 159.03 points to trade at 2264.00 at the close.
Belgium stocks higher at close of trade; BEL 20 up 0.36% By Investing.
© Reuters. Belgium stocks higher at close of trade; BEL 20 up 0.36% Investing.com – Belgium stocks were higher after the close on Friday, as gains in the Industrials, Technology and Basic Materials sectors led shares higher. At the close in Brussels, the BEL 20 added 0.36%. The best performers of the session on the BEL 20 were Galapagos NV (AS:GLPG), which rose 1.29% or 1.000 points to trade at 78.270 at the close.
Lululemon is leaning toward men to bolster growth By Reuters
© Reuters. The logo for Lululemon Athletica is seen outside a retail store in New York By Nivedita Bhattacharjee (Reuters) - Lululemon Athletica Inc is coming off two straight quarters of solid growth and is forging ahead with expansion plans that include a focus on menswear, a move that could breathe life into an ailing athleisure market.
Now junk-bond trading activity is down By Seeking Alpha
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House Speaker Ryan plans Harvey aid 'installments' By Reuters
© Reuters. FILE PHOTO: House Speaker Paul Ryan speaks about healthcare WASHINGTON (Reuters) - U.S. House of Representatives Speaker Paul Ryan said on Friday that lawmakers will replenish a federal disaster relief fund to keep federal aid flowing to Hurricane Harvey victims but that full assistance will come from Congress in installments. "We won't fully know what all is needed for some time. But we do know that the cash drain is fast.
Nintendo, Western Digital launching Switch memory cards By Seeking Alp
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WWE, Fox Sports Mexico launch Spanish Saturday show By Seeking Alpha
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L'Oreal sacks transgender model after comments on white people By Reut
© Reuters. FILE PHOTO: The logo of French cosmetics group L'Oreal is seen on the company's building in Clichy PARIS (Reuters) - French cosmetics giant L'Oreal sacked its first transgender model to appear on a British advertising campaign after she described all white people as racist on Facebook (NASDAQ:FB). London-based model Munroe Bergdorf had announced on her Facebook page on August 27 that she was to be part of the French cosmetics brand's new advertising campaign celebrating diversity.
Looming debt ceiling deadline pushing some U.S. fund managers to cash
© Reuters. A street sign for Wall Street is seen outside the New York Stock Exchange in Manhattan, New York City By David Randall NEW YORK (Reuters) - A potential standoff over the U.S. federal debt ceiling is raising alarm bells among fund managers who fear a repeat of 2011 when a protracted showdown over increasing the government's borrowing limit and subsequent downgrade of U.S. credit quality led to a more than 15 percent slump in the S&P 500 stock index.
Sweden stocks higher at close of trade; OMX Stockholm 30 up 0.77% By I
© Reuters. Sweden stocks higher at close of trade; OMX Stockholm 30 up 0.77% Investing.com – Sweden stocks were higher after the close on Friday, as gains in the Industrials, Healthcare and Oil & Gas sectors led shares higher. At the close in Stockholm, the OMX Stockholm 30 gained 0.77%. The best performers of the session on the OMX Stockholm 30 were Volvo, AB ser. B (ST:VOLVb), which rose 7.56% or 10.26 points to trade at 145.96 at the close.
Germany stocks higher at close of trade; DAX up 0.72% By Investing.com
© Reuters. Germany stocks higher at close of trade; DAX up 0.72% Investing.com – Germany stocks were higher after the close on Friday, as gains in the Technology, Food & Beverages and Basic Resources sectors led shares higher. At the close in Frankfurt, the DAX rose 0.72%, while the MDAX index added 0.62%, and the TecDAX index added 0.80%. The best performers of the session on the DAX were Lufthansa AG VNA O.N. (DE:LHAG), which rose 3.27% or 0.690 points to trade at 21.760 at the close.
Norway stocks higher at close of trade; Oslo OBX up 0.98% By Investing
© Reuters. Norway stocks higher at close of trade; Oslo OBX up 0.98% Investing.com – Norway stocks were higher after the close on Friday, as gains in the Materials, Consumer Durables And Apparel and Diversified Financials sectors led shares higher. At the close in Oslo, the Oslo OBX added 0.98% to hit a new all time high. The best performers of the session on the Oslo OBX were Yara International ASA (OL:YAR), which rose 3.75% or 11.9 points to trade at 329.2 at the close.
Citi's U.S. economic surprise index least negative since May By Reuter
© Reuters. The logo of Citibank is seen on a board at the SPIEF 2017 in St. Petersburg NEW YORK (Reuters) - Citi Research's gauge on U.S. economic data surprises on Friday turned the least negative since early May as unexpectedly strong data on domestic manufacturing offset weaker-than-forecast readings on payrolls and consumer sentiment. The Citi barometer , a measure of economic data that can come in weaker or stronger than forecast, is monitored by traders for the U.S. growth trajectory.
Poland stocks higher at close of trade; WIG30 up 0.40% By Investing.co
Poland stocks higher at close of trade; WIG30 up 0.40% Investing.com – Poland stocks were higher after the close on Friday, as gains in the Energy, Construction and Chemicals sectors led shares higher. At the close in Warsaw, the WIG30 rose 0.40% to hit a new all time high. The best performers of the session on the WIG30 were CCC SA (WA:CCCP), which rose 3.36% or 8.80 points to trade at 271.00 at the close.
Yields rise on strong U.S. manufacturing data By Reuters
Yields rise on strong U.S. manufacturing data By Karen Brettell NEW YORK (Reuters) - U.S. Treasury yields rose on Friday as strong manufacturing data boosted sentiment that economic growth is solid, even after the August jobs report was weaker than economists expected. The Institute for Supply Management said its index for factory activity soared to 58.8 in August, the highest reading since April 2011.
U.S.-backed forces in Syria's Raqqa say they take old city By Reuters
© Reuters. Fighters from Syrian Democratic Force (SDF) walk past damaged buildings in Raqqa city BEIRUT (Reuters) - The Syrian Democratic Forces (SDF), an alliance of Kurdish and Arab militias, said on Friday it had taken the last districts in the old city of Raqqa from Islamic State, but the U.S.-led coalition which backs it could not confirm the report. "We declare to our people the liberation of the old city of Raqqa," the SDF said in a statement.
FDA approves Pfizer's leukemia drug By Reuters
© Reuters. A company logo is seen at a Pfizer office in Dublin (Reuters) - The U.S. Food and Drug Administration (FDA) on Friday approved Pfizer (NYSE:PFE) Inc's drug, Mylotarg, for certain patients with acute myeloid leukemia (AML). The drug was cleared to treat adults with newly diagnosed AML whose tumors express the CD33 antigen, as well as patients aged 2 years and older with CD33-positive AML who have relapsed, or did respond to initial treatment.
SEC taps Goldman executive as senior policy advisor By Reuters
© Reuters. Jay Clayton, S.E.C. Chairman speaks to the Economic Club of New York By Michelle Price WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission (SEC) has hired a former Goldman Sachs (NYSE:GS) executive to serve as senior policy advisor to the regulator's chairman.
Thyssenkrupp steps up 3D printing operations By Reuters
© Reuters. A 3D-printed plastic version of Thyssenkrupp's company logo at Thyssenkrupp's 3D centre in Muelheim an der Ruhr MUELHEIM AN DER RUHR, Germany (Reuters) - Thyssenkrupp (DE:TKAG) opened a 3D printing center in the industrial heartland of western Germany on Friday as part of its efforts to tap into an expanding market.
Greece stocks lower at close of trade; Athens General Composite down 0.86%
© Reuters. Greece stocks lower at close of trade; Athens General Composite down 0.86% Investing.com – Greece stocks were lower after the close on Friday, as losses in the Healthcare, Banking and Utilities sectors led shares lower. At the close in Athens, the Athens General Composite lost 0.86% to hit a new 1-month low. The best performers of the session on the Athens General Composite were Halcor (AT:XAKO), which rose 7.18% or 0.065 points to trade at 0.970 at the close.
Harvey seen disrupting U.S. factory sector near term - ISM's Fiore By
© Reuters. Clouds from Hurricane Harvey are seen in the background as smoke rises from a burn off at an oil refinery in Corpus Christi NEW YORK (Reuters) - The damage from Hurricane Harvey to production plants and the shipping system in the Gulf of Mexico region will likely pinch the manufacturing sector nationwide in the near term, Timothy Fiore, chair of the manufacturing group at the Institute for Supply Management, said on Friday.
American Kenin faces resurgent Sharapova at U.S. Open By Reuters
© Reuters. Tennis: U.S. Open By Rory Carroll NEW YORK (Reuters) - Eighteen-year-old American Sofia Kenin will look to put an end to Russian Maria Sharapova's return to grand slam play when they meet for the first time under the lights of Arthur Ashe Stadium on Friday night. Sharapova is still looking to shake off the rust that came while serving a 15-month doping ban, but looked solid during the biggest moments of her first two matches.
British WWII bomb in Frankfurt could flatten a city block By Reuters
© Reuters. British World War Two bomb found during renovation work on the university's campus FRANKFURT (Reuters) - Failure to defuse a World War Two bomb found at a building site in Germany's financial capital Frankfurt could cause a big enough explosion to flatten a city block, a fire department official said on Friday. "This bomb has more than 1.4 tonnes of explosives," Frankfurt fire chief Reinhard Ries told reporters.
Grace Mugabe returns to Zimbabwe campaign trail after assault charge B
Grace Mugabe returns to Zimbabwe campaign trail after assault charge HARARE (Reuters) - Zimbabwe's first lady Grace Mugabe hit the campaign trail with her husband Robert on Friday, urging discipline in his party two weeks after she faced assault charges in South Africa. Grace, who is seen as a possible successor to her 93-year-old husband, was accused of assaulting a model at an upmarket Johannesburg hotel, but flew home after a minister granted her immunity.
Forex - Dollar bounces back but gains seen limited By Investing.com
Dollar regains some ground but U.S. jobs data still expected to weigh Investing.com - The dollar bounced back from steep losses posted against the other major currencies on Friday, helped by upbeat U.S. consument sentiment data and as markets were still digesting a disappointing U.S. employment report released earlier in the session.
Enter the Draghi By Reuters
© Reuters. FILE PHOTO:ECB President Draghi testifies before the European Parliament's Economic and Monetary Affairs Committee in Brussels By Balazs Koranyi FRANKFURT (Reuters) - The spotlight shines on Mario Draghi once again. The European Central Bank president has to reconcile an economic dichotomy of robust growth with weak inflation, a dilemma exacerbated by a seemingly unstoppable rise in the euro. The time for thinking is running out, however.
U.S. consumer sentiment rises in August: University of Michigan By Reu
© Reuters. File photo of shopper walking down aisle in newly opened Walmart Neighborhood Market in Chicago (Reuters) - U.S. consumer sentiment climbed in August from July as consumers remained optimistic about their personal financial conditions, although confidence was not quite as strong as economists had estimated, a survey showed Friday. The University of Michigan's consumer sentiment index rose to 96.8 in August from a final reading of 93.4 the month before.
Disorderly Brexit chances 25 percent; UK economy to slow further By Re
© Reuters. FILE PHOTO: Anti-Brexit, pro-European Union Remain supporters wave flags as they travel up and down the River Thames, outside the Houses of Parliament, in London By Ross Finley LONDON (Reuters) - The chances of Britain eventually exiting the European Union in a disorderly manner have eased a bit, according to a Reuters poll of economic forecasters, who still say a free trade deal, even if there is a transition period, is the most likely outcome.
Jobs report not gloomy enough to change Fed rate hike path By Investin
© Reuters. NFP increases difficulty for Fed to convince markets of rate outlook Investing.com – A disappointing August job report released on Friday, with gloomy data across the board, won’t be enough to change the Federal Reserve’s resolve to hike rates at least once more in 2017, according to the experts. Among the worse-than-expected data points, job creation missed the mark in August with a total of just 156,000, missing expectations of 180,000 positions.
Treasury yields jump higher after strong ISM report By Seeking Alpha
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Mexico factory activity bounces back in August By Reuters
© Reuters. Employee works on printed circuit board at the assembly line of a factory that exports to the U.S., in Ciudad Juarez The pace of growth in Mexico's manufacturing sector picked up in August on stronger output, new orders and employment, a survey showed on Friday. The Markit Mexico Manufacturing Purchasing Managers' Index rose to 52.2 in August from 51.2 in July, when adjusted for seasonal swings.
RBC analyst bullish on cloud, sees GoDaddy focusing on expansion By Se
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SPDR declares monthly distributions By Seeking Alpha
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GM U.S. sales fly past estimates By Seeking Alpha
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Traders see next Fed rate hike in mid-2018 By Reuters
Traders see next Fed rate hike in mid-2018 (Reuters) - Traders held to expectations Friday that the Federal Reserve will probably wait until the middle of 2018 before raising rates, after a government report showed employers added fewer jobs last month than expected. U.S. job growth slowed in August after two straight months of strong gains, though the pace of increase was still fast enough to set the stage for the Federal Reserve to start trimming its massive bond portfolio later this month.
Al Shabaab bomb kills 12 in Somalia's Puntland By Reuters
Al Shabaab bomb kills 12 in Somalia's Puntland By Abdiqani Hassan BOSSASO, Somalia (Reuters) - An al Shabaab bomb attack killed 12 people, including five soldiers, in Somalia's Puntland region on Friday, the Puntland military said. The explosions hit Af-Urur, 100 km (60 miles) south of the city of Bossaso. Af-Urur is near the Galgala hills, an area controlled by al Shabaab Islamists who have attacked and captured the town several times and in June killed 38 people there.
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