Business

Spot Gold Higher, June CPI Flat

Spot Gold Higher, June CPI Flat

Over the last 12 months, "headline" inflation rose 1.6 percent. The home currency resumed a tad higher at 64.57 from weekend closing level of 64.60 at the Interbank Foreign Exchange (forex) market. Mr Clarke said he believes CPI will exceed consensus estimates, having reached 3% in June, forcing the Bank's governor, Mark Carney, to write an official letter to the Chancellor explaining why inflation has surpassed its target by 1%.



RBC Capital Believes Fidelity National Info (NYSE: FIS) Won't Stop Here

The Partners Group Holding Ag holds 455,120 shares with $25.97 million value, up from 448,000 last quarter. Fis now has $29.80B valuation. It closed at $88.6 lastly. In related news, insider Brent B. Bickett sold 58,896 shares of the company's stock in a transaction dated Wednesday, June 28th. RBC Capital Markets has "Outperform" rating and $78 target.


DS Smith plc's (LON:SMDS)

DS Smith plc's (LON:SMDS) "Buy" Rating Reaffirmed at Peel Hunt

The stock has "Outperform" rating by Leerink Swann on Friday, February 19. J.P. Morgan maintained Ashmore Group plc (LON:ASHM) on Tuesday, February 16 with "Underweight" rating. Since January 17, 2017, it had 0 buys, and 2 sales for $4.55 million activity. Jennison Assoc Ltd Co holds 0.08% or 2.46 million shares in its portfolio.


Nevada takes steps to end the great legal weed shortage of 2017

Nevada takes steps to end the great legal weed shortage of 2017

The Reno Gazette Journal is reporting that Rebel One and Crooked Wine Company were awarded Nevada's first marijuana distribution licenses earlier this week, allowing the two companies to transport products from cultivation facilities to state authorized dispensaries.


Scientists warn of harmful algae bloom in Lake Erie this summer

Scientists warn of harmful algae bloom in Lake Erie this summer

The National Oceanic and Atmospheric Administration and research partners released their annual algae forecast for the shallowest and warmest of the Great Lakes, where massive algae formations are a recurring threat to the environment and the economy.



The Genworth Financial Inc (NYSE:GNW) Cut to Sell at BidaskClub

Wells Fargo & Co reiterated a "hold" rating on shares of Genworth Financial in a research report on Tuesday, May 2nd. Hedge funds and other institutional investors own 66.88% of the company's stock. Its up 0.01, from 1.02 in 2016Q3. It worsened, as 46 investors sold Global Positioning System shares while 142 reduced holdings. Saba Capital Mngmt Limited Partnership reported 1.40 million shares.