• Here's Why J M Smucker Co (SJM) Stock Tumbled Today
Here's Why J M Smucker Co (SJM) Stock Tumbled Today

For the year ending in April 2017, Smucker continues to project $7.60 to $7.75 in adjusted earnings per share, bracketing the average analyst estimate of $7.70. The Company's cash position as of July 31, 2016 was approximately $51 million, in line with prior expectations. The company has a market capitalization of $18.19 billion and a P/E ratio o...

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  • Asian stocks mixed ahead of Fed meeting
Asian stocks mixed ahead of Fed meeting

The market took an early cue from Fed Vice Chairman Stanley Fischer, who on Sunday gave a generally upbeat assessment of the USA economy's current strength, saying that the central bank is close to hitting its job and inflation targets. The debate over whether the U.S. Federal Reserve is readying an interest rate hike will get its umpteenth airing ...

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  • IOC member Hickey moved to Rio prison during ticket probe
IOC member Hickey moved to Rio prison during ticket probe

What started with the arrest of Irishman Kevin Mallon , has now spawned into an worldwide investigation into the ticket scandal and the arrest of Olympic Council of Ireland President Pat Hickey. THG Sports is owned by Marcus Evans Group, which also owns Ipswich Town Football Club. "We have very little restricted access to him", O'Brien said out...

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  • All you need to know about Urjit Patel, successor to Raghuram Rajan
All you need to know about Urjit Patel, successor to Raghuram Rajan

Patel is little known on the conference circuit and has refrained from making major policy speeches while deputy governor. NEW DELHI/MUMBAI Reserve Bank of India insider Urjit Patel won a promotion to run the central bank on Saturday with a mandate to cement the bank's commitment to keeping inflation low, as the tenure of the man he is replacin...

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  • Chris Christie Says He Wants North Jersey Casinos
Chris Christie Says He Wants North Jersey Casinos

According to the Times , public records are unclear on how the settlement agreement was reached. The tax battle began shortly after the casinos filed for bankruptcy in 2004, when the state noticed that the company should have been paying much more money, namely due to a new corporate state tax that went into effect in 2002, reports the Time...

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  • What Apple CEO Tim Cook Really Thinks About Corporate Taxes
What Apple CEO Tim Cook Really Thinks About Corporate Taxes

Cook told the newspaper that before he spoke with the committee he consulted a variety of people, including Clinton, Goldman Sach's CEO Lloyd Blankfein and Laurene Powell, the widow of Apple founder Steve Jobs. Cook has said before, although this time it's more succinct. "I know this sounds probably freaky at this point, but I had convinced m...

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  • Rio 2016: Day 8 in Pictures
Rio 2016: Day 8 in Pictures

East Germany is no more, but the Americans are now the most dominant country in women's rowing. But with attention turning to the track, perhaps it's time for some runners to get in the record books. "I think it's quite special the tradition we do have in rowing". "We ended up on the wrong side of tight and we have to be a program that's on the rig...

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  • Michael Phelps gets another gold, but says it is the last
Michael Phelps gets another gold, but says it is the last

Murphy, who won two backstroke golds in Rio, put the Americans out front with a world-record split - it counts since he was leading off - before Britain surged ahead on the breaststroke with its own world-record holder, Adam Peaty. "This is how I wanted to finish my career". It's the beginning of a new journey. The final two individual golds of t...

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  • Justice Department Report Charges Baltimore Cops With Racism
Justice Department Report Charges Baltimore Cops With Racism

But the Rev. Cortly "C.D". "When we get to an agreement, it will be a court enforceable agreement which helps sustain the commitment to change regardless of who's in any of our positions and will be independently monitored by a monitoring team and I think that just helps build in and ensure sustainable reform over the long haul", Gupta said.

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  • How the Dow Jones industrial average fared on Thursday
How the Dow Jones industrial average fared on Thursday

In the bond market, treasuries moved notably higher following the disappointing retail sales data. "We're continuing to grind higher", said Stephen Carl, principal and head equity trader at Williams Capital Group LP in NY. Its shares gained $2.26 to $68.67. The retailers' earnings fueled optimism for the government's latest monthly tally of r...

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  • Department stores hope to recapture appeal, be destinations
Department stores hope to recapture appeal, be destinations

Sales in the second quarter totaled $5.866 billion, a decrease of 3.9 percent, compared with sales of $6.104 billion in the same period previous year. Other retailers too have have heavily in e-commerce efforts, while brick and mortar stores had resorted to sharp discounting that temporarily lifted sales but hurt profits.

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  • In reversal, Trump says claim about Obama, Islamic State was sarcastic
In reversal, Trump says claim about Obama, Islamic State was sarcastic

Trump has already normalized and made acceptable the kind of divisive rhetoric and dishonesty that have been the hallmarks of this campaign from day one. Trump did not bother taking time to sprinkle Mary Poppins" legendary "Spoonful of Sugar' over his statement asserting that President Barack Obama and his planned replacement Hillary Clinton we...

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  • US DEA denies petition to reclassify marijuana
US DEA denies petition to reclassify marijuana

Licenses will be given to a number of universities to cultivate the plant for research purposes. Previously, the University of MS was the only school federally sanctioned to grow marijuana, which has seriously restricted the supply of the plant available to scientists, the Times reported .

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  • Egyptian Athlete Won't Shake Hands With Israeli Competitor
Egyptian Athlete Won't Shake Hands With Israeli Competitor

Another source of pride for Israel: Israeli judoka Ori Sasson, who excelled in all of his fights today (Friday) - even in the one fight that he lost to the undefeated world champion, French judoka Teddy Riner - beat his Cuban opponent in the consolation fight, winning the bronze medal.

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  • The CBA thinks interest rates in New Zealand could hit 1%
The CBA thinks interest rates in New Zealand could hit 1%

The New Zealand dollar is stronger after the Reserve Bank of New Zealand cut rates to a record low. The kiwi dropped to 72.10 USA cents at 8am in Wellington from 72.60 cents at 5pm, trading near the 72.02 cents level it was at immediately before yesterday's rate cut.

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  • Why Is NVIDIA Corporation's Titan X Using a Partially Disabled Chip?
Why Is NVIDIA Corporation's Titan X Using a Partially Disabled Chip?

The stock has a market cap of $31.88 billion and a price-to-earnings ratio of 50.94. Nvidia gapped open sharply higher Friday morning and is now up 3.55 at $63.25. portfolio. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its stake in Nvidia Corp.by 1.5% in the fourth quarter. In NVIDIA Corporation (NASDAQ: NVDA)'s mos...

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  • Canada police detain lone suspect in 'credible' threat
Canada police detain lone suspect in 'credible' threat

April 2015 - The RCMP discovers that Driver is communicating with several people of concern, including Junaid Hussain, a British hacker who USA and European officials have said became a top cyber expert for Islamic State in Syria before he was killed in a drone strike, and Reyaad Khan, who the RCMP describe as a prominent member of Islamic State.

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  • More evidence of China slowdown in July data
More evidence of China slowdown in July data

Industrial output grew 6% in July from a year ago, below the street estimate of 6.2% and the 6.2% seen in June. There was brighter news in real estate. David Qu, markets economist at ANZ in Shanghai, said while weak industrial activity is a sign of poor economic health, China is unlikely to use monetary policy to restore growth.

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  • Bullets Suspected In Rio Olympic Bus Attack
Bullets Suspected In Rio Olympic Bus Attack

A Reuters photograph taken in the first moments after the bus was attacked showed a small hole, about the width of a finger, in one of the windows. Bubba Watson hits a tee shot in a practice round at the Rio 2016 Olympic Games at Olympic Golf Course on August 9, 2016 in Rio de Janeiro .

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  • Rail passengers waking up to week of strike chaos
Rail passengers waking up to week of strike chaos

The company spent three days meeting with the Rail, Maritime and Transport union about the role of conductors. Well, it's all about doors. RMT general secretary Mick Cash said: 'The strike action this morning is rock solid across the Southern Rail network as we fight to put rail safety before the profits of the failed Govia Thameslink opera...

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