Did Mario Ugoletti knowingly commit perjury or was he truly clueless about what FHFA was doing to take all the GSEs money and give it to Treasury? I see no need to commit perjury if you didn't do something wrong in the first place.

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NEW DELHI: After last week’s carnage, the bulls seemed to have come out of the slumber on Dalal Street as the domestic equity market ended in the positive territory for the second session in a row on Wednesday. Last week, the steel giant registered a consolidated net profit of Rs 921.09 crore for the quarter ended June 30, 2017, on the back of higher revenue from operations.

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Biocon falls 8% on heavy volumes [0.00]

Posted on Aug. 16, 2017, 7:04 a.m. by Markets @ [source]

The trading volumes on the counter more than doubled with a combined 8.66 million shares representing 1.4% of total equity have changed hands on BSE and NSE so far.In past one month, it underperformed the market, by falling 21% against 1.8% decline in the benchmark index.

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Shares of construction companies and have rallied up to 8% on BSE in intra-day trade after reporting a strong set of numbers in April-June quarter (Q1FY18).

Total operational income grew 6% to Rs 1,539 crore from Rs 1,445 crore in the same quarter last year.The company said the fresh order inflow during the quarter was Rs 1,406 crore against Rs 1,145 crore in an year ago quarter.Order backlog of June 2017 stands at Rs 16,419 crore in addition to the L1 of Rs 1,029 crore, it added.rallied 7% to Rs 172 after reporting a more-than-doubled net profit of Rs 45.11 crore in Q1FY18 against Rs 6.35 crore in previous year quarter.

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NEW DELHI: Shares of Maruti Suzuki advanced over 2 per cent in early trade after a global financial services firm HSBC raised the target price of the auto major stocks While maintaining a ‘Buy’ rating on Maruti Suzuki, HSBC raised the target price to Rs 8,500 from Rs 7,800.“Near-term correction is short lived. Shares of Maruti Suzuki opened at Rs 7,632 and touched a high and low of Rs 7,811 and Rs 7,590, respectively, in trade so far.

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Shreyas Shipping zooms 20% on robust Q1 results [0.06]

Posted on Aug. 16, 2017, 4:41 a.m. by Markets @ [source]

The company had logged profit of Rs 4.87 crore in the same quarter of last fiscal year.Operational revenues during the quarter under review increased 39% to Rs 118 crore from Rs 85 crore in the corresponding quarter of previous fiscal. The charter hire rates and the scrap rates have seen a positive uptrend since the beginning of the year, it added.Till 10:08 am; a combined 274,578 shares changed hands and there were pending buy orders for 69,000 shares on the BSE and NSE.

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NEW DELHI: Shares of Tasty Bite Eatables surged as much as 8.69 per cent on Wednesday after Mars Food signed a definitive agreement on Monday to acquire Preferred Brands International, which makes and markets Indian and Asian food products under the Tasty Bite brand.The scrip was trading 3.26 per cent up at Rs 5829.95. Shares of the company opened at Rs 6,003 and touched a high and low of Rs 6,137 and Rs 5,763.80, respectively, in trade so far.

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After-hours buzz: A, URBN, LB & more [0.39]

Posted on Aug. 15, 2017, 10:45 p.m. by Market Insider @ [source]

Shares of Agilent Technologies shot up more than 4 percent in extended trading after reporting its third-quarter fiscal year 2017 results after the bell.

Shares of Urban Outfitters skyrocketed more than 20 percent in after-hours trading.

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Snap, Inc. Shares Rise on Analyst Upgrade [0.06]

Posted on Aug. 15, 2017, 10:36 p.m. by Latest Articles in Stocks @ [source]

Just yesterday, Cantor Fitzgerald dropped its price target on Snap (NYSE: SNAP) from $17 to $15 while maintaining its overall neutral rating on the Snapchat operator's shares. Cantor Fitzgerald is encouraged that the majority of these lock-up shares were freed without massive selling pressure.

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Wynn Stock Breaks Out, Looks to Retest Highs [0.04]

Posted on Aug. 15, 2017, 10:04 p.m. by rss_stock_analysis @ [source]

Wynn Resorts, Limited (WYNN) shares jumped more than 6% on Tuesday after Deutsche Bank analysts upgraded the stock to a Buy with a $150.00 per share price target. Analyst Carlo Santarelli believes that the ramp-up at the Wynn Palace after a floor reconfiguration could help the company exceed third quarter consensus estimates.

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Apple, American Express Pace the DJIA Tuesday [0.02]

Posted on Aug. 15, 2017, 8:01 p.m. by 24/7 Wall St. @ [source]

August 15, 2017: Markets opened higher again Tuesday even though reported economic data was slightly better than expected.

Of the Dow stocks, 19 are on track to close higher Tuesday and 11 are set to close lower.

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Warren Buffett's Berkshire Hathaway has invested more money in financial stocks.

Buffett has embraced the financial sector, which many believe is poised for growth after years of historically low interest rates and increased regulation.

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DICK’S Sporting Goods (DKS) has just reported earnings and shares are getting smashed. It is also driving down one of our largest positions, Foot Locker, as a major source of revenue for Dick’s is footwear.

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We take a deeper look at Alexion, its new management, and its pipeline below.

Today, we take a deeper look at a mid-cap biotech concern with significant management turnover, a possible new strategic direction and substantial recent insider buying in an exclusive ‘first look’ analysis here on the Insiders Forum.

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Cryptocurrency mining demand for AMD's graphics cards may be all the rage, but a top Wall Street firm says investors shouldn't overlook its improving processor chip business.

AMD launched its Ryzen line of processors on March 2.

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Home Depot Stock Is Facing a Big Test Right Now [0.06]

Posted on Aug. 15, 2017, 2:38 p.m. by rss_stock_analysis @ [source]

The initial negative reaction to The Home Depot Inc.'s (HD) second-quarter earnings on Tuesday provides an excellent example of how expectations can trump fundamentals.

Instead of rallying, however, Home Depot stock has sold off in its initial reaction to the news.

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The results will be visible in the long-term but the latest earnings release already gave investors confidence that the management knows what it is doing. However, the market will need more positive results in order to break the negative momentum and send the shares higher.

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Deutsche Bank upgraded Wynn Resorts to buy from hold and increased its 12-month price target, citing forecasts of increased mass market volume, or walk-in business, in China and VIP strength.

Shares of Wynn were up 4.3 percent Tuesday after the release of the Deutsche Bank report.

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The company is producing huge amounts of cash, and does not need a lot of capex to grow its earnings.

Home Depot (HD) reported strong second quarter results that underline the company's great growth track.

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Snap shareholders are having a difficult time.

Cantor Fitzgerald on Tuesday raised its rating for Snap shares to overweight from neutral, citing their "attractive" valuation after the social media firm's large sell-off.

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