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The raid, in which 150 FBI agents fanned out across the country to execute search warrants, was a dramatic demonstration of the government’s new resolve to crack down on violations of the Foreign Corrupt Practices Act, which has largely lain dormant since becoming law in 1977. In fact, it was the first time Washington had used a sting operation to enforce this law part of what Justice Department officials vow is a “new chapter” in white collar crime enforcement. “The message is that we are going to bring all the innovations of our organized crime and drug war cases to fight against white collar criminals,” Lanny A.
Apple, that has done well in the smartphone segment, has been pushed down to No. 2. While Dell has managed to stick around in the top five, HP and Lenovo are out. Metro Inc. Third quarter results were healthy, same store sales growth came in ahead of analysts forecasts, and revenue growth remained strong despite slowing inflation.The company implied 2.6 per cent improvement in sales on a food basis also marked the best performance from any publicly traded grocer in more than five years.But despite praising the Canadian grocery chain for its operations, judicious investment of capital, diligence on cutting costs, and treatment of shareholders as Mark Petrie at CIBC World Markets downgraded Metro on Monday.Reducing his rating on the stock to sector performer from sector outperformer, and cutting his price target to $46 from $47, Petrie told clients that grocery industry has outlived its recent glory days. Specifically, the consumer shift to discount banners has created a competitive imbalance, and slowing inflation makes top line growth and margin leverage more difficult.this environment, earnings growth will likely temper from the healthy double digit pace seen in Metro last eight quarters to high singles or low doubles, the analyst said.
Frontier Rare Earths (TSX:FRO) flagship asset is the Zandkopsdrift rare earth project which is one of the largest undeveloped rare earth deposits worldwide containing approximately 950,000 tonnes TREO. The Zandkopsdrift B Zone has the highest TREO grade and the highest grade of high value HREOs of significant advanced deposits outside of China. The Company’s directors, senior management and consultants have extensive experience in mining and exploration in South Africa, particularly in the Namaqualand region, which is one of the longest established mining regions in South Africa..