• Kinross Gold Corporation (KGC) Sky Rocketed 10.12% in the last trading session
Kinross Gold Corporation (KGC) Sky Rocketed 10.12% in the last trading session

Over the long run, the price of a stock will generally go up in lock step with its earnings (assuming the P/E ratio is constant). The price target estimates represents a standard deviation of 1.14. A moving average (MA) is a trend-following or lagging indicator because it is based on past prices. Moving averages can be very helpful for identifying ...

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  • OPEC may announce short extension of output deal
OPEC may announce short extension of output deal

Total OECD commercial oil stocks in March fell by 23 mb, the second consecutive monthly drop. Financial stocks slipped 0.2 per cent to their lowest level of the year. Also, Libya's output rose to more than 700,000 barrels a day as the OPEC member's biggest oil field and another field in its western region resumed pumping.

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  • Trump signs executive orders for tax overhaul
Trump signs executive orders for tax overhaul

Get ready for Hell Week. The president said that further steps in tax reform would come in the form of reducing rates on individuals, particularly those in the middle class, and lowering taxes on businesses. For passthrough companies that rate is now wedded to the individual rates. Trump plans to make a major announcement on tax policy on Wedne...

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  • Immigrants, unions march in US for rights, against Trump
Immigrants, unions march in US for rights, against Trump

Police arrested several people during the rally in Los Angeles. Police are threatening more arrests Monday at the Alameda County Administration Building as more than 100 protesters demand an end to what they call collaboration between county law enforcement and the U.S.

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  • Saudi prince says will restore austerity steps if needed
Saudi prince says will restore austerity steps if needed

Financial markets had started to speculate that Saudi Arabia might eventually default on its debt or be forced to scrap the riyal's peg to the USA dollar. "None of the forces in Yemen's conflict seem to fear being held to account for violating the laws of war", said Sarah Leah Whitson, Human Rights Watch's Middle East director, in January.

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  • Fact check: Claims about Trump's tax plan don't hold up
Fact check: Claims about Trump's tax plan don't hold up

For instance, the administration wants to eliminate taxpayers' ability to deduct state and local taxes on their federal returns, which would hurt the constituents of some Republicans in Congress. Small businesses that account for their owners' personal incomes would see their top tax rate go from 39.6 percent to the proposed corporate tax rate of 1...

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  • US B-1 bombers fly over Korean Peninsula
US B-1 bombers fly over Korean Peninsula

South Korea already operates a Patriot PAC-3 missile defence system, but it is the sophisticated radar element of the THAAD which Beijing fears would allow Seoul and Washington to monitory activity well beyond North Korea's borders. South Korean officials would not confirm the report. North Korea has said it will continue testing nuclear weap...

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  • White officer pleads guilty in black man's fatal shooting
White officer pleads guilty in black man's fatal shooting

It was not clear what charges Slager might plead guilty to or what sentence he could face. Scott was struck by five of them. Mr. Slager's admission of guilt and his acknowledgement of willful, illegal actions that resulted in the tragic death of Walter Scott mark a profound, somber milestone for North Charleston and the larger Lowcountry.

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  • US FCC chairman to propose reversing 'net neutrality' rules
US FCC chairman to propose reversing 'net neutrality' rules

Pai said in prepared remarks. "Instead, we need rules that focus on growth and infrastructure investment, rules that expand high-speed Internet access everywhere". The Internet Association, which speaks for Facebook , Google, Amazon, Microsoft, Netflix and Uber, earlier called on Pai to support net neutrality, and Wednesday issued a statement w...

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  • After United fiasco, Southwest will stop overbooking flights
After United fiasco, Southwest will stop overbooking flights

United said earlier on Thursday that it would offer passengers who give up their seats up to $10,000, reduce overbooking of flights and no longer call on law enforcement officers to deny ticketed passengers their seats. The incident sparked wide outrage and United Airlines had to issue an apology. We all watched in horror as 69-year-old Dr. Dav...

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  • French campaign revs up with rival rallies, May Day marches
French campaign revs up with rival rallies, May Day marches

Macron is now leading Le Pen in the polls by 20 percentage points. He promised a "zero tolerance" policy in the fight against terrorism. Le Pen on Saturday said that ditching the euro was not her top economic priority, in a bid to broaden her support amid voters anxious over her trademark policy, ahead of the May 7 vote.

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  • BP beats first-quarter expectations amid higher oil prices, production
BP beats first-quarter expectations amid higher oil prices, production

BP's underlying profits beat market expectations, nearly trebling from $532 million to $1.5 billion against a forecast of $1.26 billion, and its shares rose 2 per cent to 454p in early trading. The company's share price jumped 2.4% in early London trading as investors reacted positively to the results. BP has been slashing costs amid the recent p...

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  • Trump tax plan leaves Congress, Paul Ryan with 'heavy lift'
Trump tax plan leaves Congress, Paul Ryan with 'heavy lift'

It was only a temporary fire alarm, however. His daughter and son-in-law, both White House advisers, are also holding onto significant business assets. That'll cost the government nearly $236 billion in 2018. It's a routine audit, but I have a very big tax return. There's no reason to suppose they'll do any different with even more profits.

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  • Uber plan to introduce flying taxis by 2020
Uber plan to introduce flying taxis by 2020

At the summit, Uber revealed that it expects to begin testing its first flying taxi prototypes with passengers in 2020. Uber is now struggling to get people to download its app and ride in its cars, but it's already trying to get customers hyped for it's crazy-sounding flying taxi service.

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  • Key equity market indices flat, Sensex at 30141 pts
Key equity market indices flat, Sensex at 30141 pts

Mumbai, Apr 28 The benchmark Nifty today fell by 38.10 points but managed to hold the psychological 9,300-level on a day marked by profit-booking in index heavyweights. Domestic funds bought shares net Rs. 1,132.39 crores last Friday while foreign funds sold shares net Rs. 978.34 crore as per the provisional figures issued by stock exchanges.

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  • Amid reports of US NAFTA pullout, Mexico leaned on diplomacy
Amid reports of US NAFTA pullout, Mexico leaned on diplomacy

Trump talked about tweaking the Canada-U.S. components of the North American Free Trade Agreement (NAFTA). Canada is the second-largest market for USA potatoes, with more than $315 million annually in exports and Mexico is third-largest, with more than $253 million in annual exports, said Matt Harris, vice president of government affairs for th...

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  • The economy is barely growing. These are 3 theories why
The economy is barely growing. These are 3 theories why

Consumer spending, which accounts for approximately 71% of overall economic growth in the US, grew at a meek 0.3% rate, down sharply from the 3.5% pace it notched in the final three months of 2016. Government spending fared worse, decreasing 1.7 percent and taking away 0.3 percentage point from growth. The report showed that wages and benefits pa...

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  • Iran receives positive signals from OPEC, NON-OPEC countries for output cuts
Iran receives positive signals from OPEC, NON-OPEC countries for output cuts

Iraq, OPEC's second-largest producer, was in full compliance with the OPEC-led supply pact reached past year and has achieved about 97 percent of its output reduction target, Luaibi said. The International Energy Agency said in its latest monthly market report that oil stocks in industrialised countries stood at around 3.06-billion barrels at the e...

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  • Stoke v West Ham Betting Tips
Stoke v West Ham Betting Tips

On his first home game in over a year Stoke keeper Jack Butland was excellent, making a couple of fine stops, as was West Ham counterpart Adrian, who was called into action in the second half. Mark Hughes' next win as a manager in the Premier League will be his 150th. The Hammers have scored a league-high 20 goals from set pieces this seaso...

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  • France's Macron under fire for communication misstep as he eyes Elysee
France's Macron under fire for communication misstep as he eyes Elysee

With Mr Macron and his 'En Marche!' movement at risk of being in a minority in parliament, the centre-right party, The Republicans, hopes to secure enough National Assembly seats to demand a government role despite the defeat of its presidential contender Francois Fillon, eliminated in a first-round vote on April 23.

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