Business


Revenue Approximations Analysis: Alere Inc. (ALR), Cypress Semiconductor Corporation (CY)

Several large investors have recently modified their holdings of ON. Its up 15.85% from 15.34 million shares, reported previously. The firm earned "Buy" rating on Tuesday, September 20 by Stifel Nicolaus. The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 20th. The ex-dividend date is Tuesday, June 27th. The Minnesota-based Foundry Partners Llc has invested 0.19% in the stock.



Crude prices fall as investors re-focus on USA supply glut

Still, Standard Chartered analysts said their market balance projections indicated a 1.4 million barrels a day global supply deficit in the second half of the year, even allowing for a rapid increase in USA output. The 1.8 million barrel a day reduction was enacted to drive the price of oil up and make the industry more profitable to OPEC producers. The concern is that that spat will lead the OPEC members to disregard their production-cutting agreement.



Witness Fear 'There Will Be Casualties' In London Apartment Tower Blaze

Police earlier said they had been evacuating people from the building, and that a number of people were being treated for a wide range of injuries. People who escaped the fire at the 27-storey Grenfell Tower in north Kensington spoke of others trapped and screaming for help, with some holding children from windows and others jumping from upper floors.


Intense hate campaign by Indian media against me: Vijay Mallya

Intense hate campaign by Indian media against me: Vijay Mallya

I deny all allegations [brought against me]. The next date for hearing will be on July 6. "I am delighted that I can put forward my case before an impartial court", he said. The judge will make a decision based on whether there is a prima facie case against Mallya and if the alleged crimes would be offences in Britain as well as India.



US Says Rodman Did Not Help In NKorea Release

Otto Warmbier was sentenced to 15 years of hard labor in March of 2016 after being accused of attempting to steal a propaganda poster from his Pyongyang hotel while visiting the country. A White House official says the May meeting in Oslo was attended by Joseph Yun, the USA envoy to North Korea. An American student who fell into a coma while imprisoned in a North Korean labor camp returned to the United States late Tuesday after Pyongyang allowed him to be flown home, USA media reported.


Crude prices fall due to rise of U.S. crude stocks

Crude prices fall due to rise of U.S. crude stocks

Crude prices have fallen more than 10 percent since late May, pulled down by heavy global oversupply that has persisted despite a move led by the Organization of the Petroleum Exporting Countries to curb production. The last time this happened, in mid-2014, it was a precursor to a massive selloff in oil that dropped Brent from US$108 a barrel to about US$47 a barrel in the span of five months.