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New Mexico man arrested after police allegedly find dozens of diamonds in anal cavity

A New Mexico man faces multiple charges after police found over four dozen diamonds in a bag inside his anal cavity that he allegedly planned on trading for drugs, KOB 4 reported.

Twenty-three-year-old Eusebio Padilla was arrested on charges including receiving stolen property and tampering with evidence after what began as a routine traffic stop on April 7. Police pulled him over for allegedly riding a motorcycle without a license plate.

2 MEN CHARGED IN PHILADELPHIA TO PITTSBURGH DRUG RING BUST

Police said they spotted a knife on Padilla and patted him down. He was caught attempting to remove “a baggy” from his rear at some point during the traffic stop, according to a criminal complaint filed in Albuquerque’s Metropolitan Court.

Police said they found 44 diamonds inside the bag recovered from Padilla’s rectum. The man allegedly told officers that he obtained the jewels from his uncle who “usually has stolen items,” KOB 4 reported.

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The criminal complaint alleges that Padilla planned on trading the rare gemstones for drugs. It is not known if Padilla has an attorney.

The Associated Press contributed to this report.

Source: Fox News National

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Canada to appeal WTO panel finding in lumber dispute with U.S.: statement

Canada's Foreign Minister Chrystia Freeland speaks during a news conference in Ottawa
FILE PHOTO: Canada's Foreign Minister Chrystia Freeland speaks during a news conference in Ottawa, Ontario, Canada, December 12, 2018. REUTERS/Chris Wattie

April 15, 2019

OTTAWA (Reuters) – Canada will appeal last week’s decision by the World Trade Organization (WTO) which ruled to allow the United States to use “zeroing” to calculate anti-dumping tariffs, Foreign Minister Chrystia Freeland said in a statement on Monday.

“We firmly believe that the U.S. duties on Canadian softwood lumber are unfair and unwarranted,” Foreign Minister Chrystia Freeland said in a statement. “That is why we are challenging these duties at the WTO and under NAFTA.”

(Reporting by Steve Scherer; Editing by Chizu Nomiyama)

Source: OANN

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No-frills no longer: GM’s China brand Baojun attempts a major makeover

FILE PHOTO: Shen Yang, general manager of SAIC-GM-Wuling Automobile, attends a Baojun launching event in Shanghai
FILE PHOTO: Shen Yang (3rd R), general manager of SAIC-GM-Wuling Automobile, a joint venture of General Motors and its Chinese partners, attends a Baojun launching event in Shanghai, China April 11, 2019. REUTERS/Yilei Sun/File Photo

April 16, 2019

By Yilei Sun and Norihiko Shirouzu

LIUZHOU, China/BEIJING (Reuters) – By many measures, General Motors’ China brand Baojun has been an exceptional success story, growing at breakneck speed by selling low-cost no-frills vehicles in smaller cities and rural areas.

But as Chinese consumer tastes shift away from basic and affordable, Baojun is engineering a different image for itself – launching mid-market models that will sport a redesigned logo and be sold through new or revamped showrooms.

The move is aimed at ensuring Baojun has offerings in the 100,000 yuan to 150,000 yuan ($15,000-$22,300) range that holds the most potential for the brand, said Mike Devereux, executive vice president at SGMW, GM’s venture with Chinese partners SAIC Motor Corp and Guangxi Automobile Group.

“When you look at what might happen in terms of some of the shrinking segments, you are going to make sure you don’t put all your eggs in one basket,” he told Reuters in an interview.

The first model off the block is the RS-5 SUV, which went on sale last week.

More sleekly designed than other Baojun vehicles, it is the first to feature semi-autonomous driving technology and will be priced from 96,800 yuan to 132,800 yuan. By comparison the most expensive model under Baojun’s old badge is priced from 85,800 yuan to 117,800 yuan.

Another three models will be rolled out this year, Devereux said, declining to provide further details on the cars.

GM executives and analysts see Baojun’s move upmarket as a natural progression as the brand seeks to stay relevant to younger consumers.

It is also supported by a large existing customer base. Most of Baojun’s sales are in smaller and less economically developed cities, but those were areas few Western automakers sought to target and the brand, which only got its start in 2011, rocketed to sales of almost 1 million in 2017.

Amid a slowing economy, sales slipped last year to around 840,000, accounting for 23 percent of GM vehicles sold in China.

For a graphic, click: https://tmsnrt.rs/2X5Th9E

Han Dehong, senior sales manager at SGMW, said the venture had been exploring a makeover of the Baojun brand since 2014 in tandem with a wide-ranging overhaul of its R&D, supply chain and distribution system.

“Younger groups have become the main force of consumer spending in our society and we need to respond to this new younger wave with brand upgrades and revamped models,” he said.

NEW SHOWROOMS, BIGGER CITIES

Compared to 10 years ago when there few models in the mid-market price range, competition has become fierce. Popular models include Toyota Motor Corp’s Corolla and Volkswagen’s Lavida. VW’s newly launched Jetta brand, which like Baojun is a China-only brand, is expected to also be sold in the same range.

“Baojun will need a competitive edge,” said Yale Zhang, head of Shanghai-based consultancy Automotive Foresight, noting that Volkswagen is known for quality, Geely Automobile Holdings is known for design while Great Wall Motor vehicles offer roomy interiors.

To set itself apart, the revamped Baojun brand will emphasize self-driving technology and internet connectivity, GM officials said.

The new models will be sold in 365 new or refurbished showrooms, equivalent to 60 percent of Baojun stores across China. The brand will also strengthen its presence in bigger cities like Chengdu, Tianjin and Nanjin.

A new mobile phone app was also recently launched, allowing customers to arrange a test drive and buy the new models online.

GM officials declined to say how much the automaker had invested in the new models, the logo redesign and new stores.

The move upmarket for Baojun is partial as some cheaper models will still carry the old Baojun badge although others will be folded into the Wuling brand, – the other marque sold by SGMW, said Matt Tsien, GM’s chief in China.

Tsien said GM had little concern that a more upmarket Baojun might eat into sales of GM’s Chevrolet as Chinese customers interested in buying a Chevy tend not to be attracted to domestic brands.

Roughly equivalent vehicles would also be priced differently. Whereas the most expensive version of the RS-5 will cost 132,800 yuan, the Chevy Equinox SUV will start from 174,900 yuan.

“No matter how far you take Baojun, Baojun is still going to be domestic, it’s going to focus on the local market here and it’s going to still represent very good value for customers,” said Tsien.

(Reporting by Yilei Sun and Norihiko Shirozhou; Editing by Edwina Gibbs)

Source: OANN

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Trump Blasts 'Fake News' Conspiracy Theory

President Donald Trump accused "the fake news" of photoshopping images of first lady Melania Trump and pushing conspiracy theories it was not her by his side while touring tornado-ravaged Alabama.

His comments came in a Wednesday tweet

"The Fake News photoshopped pictures of Melania, then propelled conspiracy theories that it's actually not her by my side in Alabama and other places. They are only getting more deranged with time!"

TV's "Inside Edition" had noted Internet conspiracy theorists were asking whether that indeed was the first lady at his side during the trip to Alabama. And it reported it was not the first time some were left wondering whether the president had brought along a body double.

And People magazine asked whether the first lady actually has a body double making official appearances. But it noted the White House has called the idea "ridiculous" in the past.

Source: NewsMax America

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Armed Mexican soldiers confronted US soldiers on US soil

U.S. officials say two American soldiers in a remote area of Texas were confronted by Mexican soldiers who thought they had crossed into Mexico.

The Mexican troops reportedly took the weapon from the American soldier who was armed.

U.S. defense officials say the Americans were in a Customs and Border Protection vehicle in a remote area southeast of El Paso, Texas, when the incident occurred.

The incident happened on April 13 and was first reported by Newsweek.

A Northern Command statement to The Associated Press on Tuesday said the Mexican military members believed they were on Mexican territory at the time they confronted the Americans.

The U.S. troops are at the border as part of a Trump administration effort to reduce illegal crossings.

Source: Fox News National

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EU’s Vestager says Europe must lead the way with a digital tax

European Competition Commissioner Margrethe Vestager talks to the media at the European Commission headquarters in Brussels
European Competition Commissioner Margrethe Vestager talks to the media at the European Commission headquarters in Brussels, Belgium March 20, 2019. REUTERS/Yves Herman

April 8, 2019

By Richard Lough

PARIS (Reuters) – Europe needs to decide on a digital tax and should lead the way if there is insufficient consensus globally, the EU competition commissioner Margrethe Vestager, said on Monday.

There is still disagreement among EU members over how to implement a so-called “GAFA tax” – named after Google, Apple, Facebook and Amazon – to ensure the global internet giants pay a fair share of taxes on their massive business operations in Europe.

France has been driving hard for such a tax, but at a meeting of EU finance meetings over the weekend, Sweden, Finland, Ireland and Denmark blocked a draft EU-wide GAFA tax proposal, officials said.

“We are becoming an increasingly digital world and it will be a huge problem if we do not find a way to raise (digital) taxes,” Vestager told France Inter radio.

Vestager, who is widely talked about as a candidate for the European Commission presidency when Jean-Claude Juncker’s term expires in November, said European countries first needed a deal which could lead to a EU-wide harmonized tax.

“The best thing is a global solution. But if we want to obtain results in a reasonable period of time, Europe must take the lead,” the commissioner added.

Lawmakers in France’s National Assembly, France’s lower house of Parliament, will on Monday begin debating a draft national GAFA tax law. The bill proposes a 3 percent tax on digital advertising and other revenues of tech firms with worldwide revenues of more than 750 million euros ($842 million).

Vestager, a former Danish economy minister, has a high profile in Brussels for attacking tax avoidance and monopoly powers among U.S. multinationals, and is seen as a contender to be the next Commission president.

She hasn’t announced a public bid for the job, but if she does she would likely need the backing of French President Emmanuel Macron.

Asked if she was interested in the Commission presidency, she said: “I take a lot of interest in the future of Europe. My point is that before we decide on any kind of new face for the Commission, we really need to know what we want to do.”

Internet giants are coming under increasing pressure from regulators globally. Separately on Monday, Britain proposed new online safety laws that would slap penalties on social media companies and technology firms if they fail to protect their users from harmful content.

(Reporting by Richard Lough and Simon Carraud; Editing by Susan Fenton)

Source: OANN

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Attorneys seek 25 years for man in Michigan airport stabbing

Lawyers for a Montreal man convicted of stabbing a police officer at an airport in Flint, Michigan, have asked the judge to sentence him to 25 years in prison.

Amor Ftouhi (ah-MOOR' fuh-TOO'-ee) was convicted in November on several charges in the June 2017 attack, including committing an act of terrorism transcending national boundaries. Witnesses said Ftouhi, who is Muslim, yelled "Allahu akbar" — or "God is great" — while attacking Lt. Jeff Neville, who survived being stabbed in the neck.

Ftouhi could get a life sentence. But in a memorandum filed Thursday in federal court in Flint, his attorneys asked that he be sentenced to 25 years and that he should spend that time in solitary confinement.

They wrote that Ftouhi was depressed about debt and an inability to properly support his wife and children after moving them from Tunisia to Montreal. They have said he expected to be killed by other officers.

The attorneys declined to comment about the filing when reached by phone.

Source: Fox News National

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A worker holds a nozzle to pump petrol into a vehicle at a fuel station in Mumbai
FILE PHOTO: A worker holds a nozzle to pump petrol into a vehicle at a fuel station in Mumbai, India, May 21, 2018. REUTERS/Francis Mascarenhas

April 26, 2019

By Manoj Kumar and Nidhi Verma

NEW DELHI (Reuters) – Surging global oil prices will pose a first big challenge to India’s new government, whoever wins an election now under way, especially as domestic prices have been allowed to lag, meaning consumers are in for a painful surge as they catch up.

For oil-import dependent India, higher global prices could lead to a weaker rupee, higher inflation, the ruling out of interest rate cuts and could further weigh on twin current account and budget deficits, economists warned.

But compounding the future pain, state-run fuel suppliers and retailers have held off passing on to consumers the higher prices during a staggered general election, which began on April 11 and ends on May 23, according to sources familiar with the situation.

That delay is expected to be unwound once the election is over. And there could be additional price increases to make up for losses or profits missed during the period of delayed increases, the sources said.

In some major Asian countries, such as Japan and South Korea, pump prices are adjusted periodically so they move largely in tandem with international crude prices.

That was what was supposed to happen in India but the election means there have been many days when pump prices have been unchanged.

In New Delhi, for example, while crude oil prices have gone up by nearly $9 a barrel, or about 12 percent, in the past six weeks, gasoline prices have only risen by 0.47 rupees a liter, or 0.6 percent.

State-controlled fuel suppliers and retailers declined to say why they had delayed price increases, or discuss whether there has been any pressure from the government of Prime Minister Narendra Modi.

A government spokesman declined to comment.

The opposition Congress party said Modi’s government was violating its own policy of daily price revision by advising the state oil companies to hold prices steady.

“The government should cut fuel taxes otherwise consumers will have to pay much higher oil prices once the elections are over,” said Akhilesh Pratap Singh, a senior leader of the Congress party.

(GRAPHIC: India Polls: Fuel price hike lags crude surge – https://tmsnrt.rs/2XLlxik)

Nitin Goyal, treasurer at the All India Petroleum Dealers Association, representing fuel stations in 25 states, said prices were similarly held down for 19 days in the southern state of Karnataka last year, when it held state assembly elections.

Only for them to surge after the vote.

“Consumers should be ready for a rude shock of a massive jump in retail prices, similar to the level we have seen in the Karnataka state election,” Goyal said.

‘CREDIT NEGATIVE’

Sri Paravaikkarasu, director for Asia oil at Singapore-based consultancy FGE, said retail prices of gasoline and gasoil prices would have been up to 6 percent, or about 4 rupee, higher if they had been allowed to rise in line with global prices.

“Indian pump prices have failed to keep up with the recent uptrend in crude prices,” Paravaikkarasu said.

“With the country’s general elections underway, the incumbent government has been keeping pump prices relatively unchanged.”

India had switched to a daily price revision in June 2017 from a revision every two weeks, as the government allowed retailers to set prices.

But the government faced protests last October when retailers raised prices by up to 10 rupees a liter after the crude oil price went above $80 a barrel, forcing it to cut fuel taxes.

Global prices rose to their highest level in 2019 on Thursday, days after the United States announced all Iran sanction waivers would end by May, pressuring importers including India to stop buying Tehran’s oil. [O/R]

Higher oil prices will mean Asia’s third largest economy is likely to see growth of less than 7 percent rate this fiscal year, economists said. Growth slowed to 6.6 percent in the October-December quarter, the slowest in five quarters.

Rating agency CARE has warned that a 10 percent rise in global oil prices could increase demand for dollars, putting pressure on the rupee and widening the current account deficit.

India’s oil import bill rose by nearly one-third in the fiscal year ending March 31 to $140.5 billion, against $108 billion the previous year.

“The increase in international oil prices is a credit negative for the Indian economy,” ICRA, the Indian arm of the Fitch rating agency, said in a note.

“Every $10/ bbl increase in crude oil prices increases the fiscal deficit by about 0.1 percent of GDP.”

Any big price rise would also build a case for the central bank to keep rates steady, or even raise them.

The Reserve Bank of India’s Monetary Policy Committee, which cut the benchmark policy repo rate by 25 basis points this month, warned that rising oil and food prices could push up inflation.

Policymakers are worried that a sustained increase in the oil price in the range of $70-75/barrel or higher can move the rupee down by 3-4 percent on an annual basis.

The rupee has depreciated by 1.24 percent against the dollar since a year high in mid-March.

($1 = 70.1800 Indian rupees)

(Reporting by Manoj Kumar and Nidhi Verma; Editing by Martin Howell and Rob Birsel)

Source: OANN

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FILE PHOTO: Uber's logo is displayed on a mobile phone in London, Britain
FILE PHOTO: Uber’s logo is displayed on a mobile phone in London, Britain, September 14, 2018. REUTERS/Hannah Mckay/File Photo

April 26, 2019

(Reuters) – Ride-hailing company Uber Technologies Inc unveiled terms for its initial public offering on Friday, telling investors it would seek to sell as much as $10.35 billion in stock at a valuation of up to $91.5 billion.

In a regulatory filing, Uber set a target price range of $44-$50 per share for its IPO. The company will sell 180 million shares in the offering, with a further 27 million sold by insiders.

In the filing, Uber also reported a net loss attributable to the company for the first quarter of 2019 of around $1 billion and revenues of roughly $3 billion.

(Reporting by Joshua Franklin; editing by Patrick Graham)

Source: OANN

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FILE PHOTO: Jet Airways aircraft are seen parked at the Chhatrapati Shivaji Maharaj International Airport in Mumbai
FILE PHOTO: Jet Airways aircraft are seen parked at the Chhatrapati Shivaji Maharaj International Airport in Mumbai, India, April 18, 2019. REUTERS/Francis Mascarenhas/File Photo

April 26, 2019

By Aditi Shah and Abhirup Roy

NEW DELHI/MUMBAI (Reuters) – The grounding of India’s Jet Airways is turning into a quick windfall and long-term opportunity for international airlines keen to scoop up nearly a million outbound passengers from what was once the nation’s biggest airline.

Jet, which previously had a fleet of around 120 largely Boeing Co planes, was forced to indefinitely halt all flight operations on April 17 after its banks rejected the carrier’s plea for emergency funds.

The carrier’s descent into crisis has benefited international airlines in the form of rising fares and demand, data showed.

Fares from India to cities such as Dubai, London, New York, Singapore and Bali in the first quarter of 2019 rose between 4 percent and 32 percent from a year ago, according to Indian travel portal MakeMyTrip Ltd.

In the peak travel months of May and June, fares to London have spiked as much as 36 percent and tickets to San Francisco are up nearly 20 percent from a year ago, according to data from travel portal Yatra.com.

“For the next three months it’s actually bonanza time for international players,” said Ashish Nainan, a research analyst at CARE Ratings. “At least until the middle of June, the fares are not going to come down.”

Due to rising demand, even before Jet’s lessors grounded planes, carriers such as British Airways, Cathay Pacific Airways Ltd, Singapore Airlines Ltd and United Airlines saw an up to a 27 percent increase in passenger numbers from India in the last quarter of 2018, data from India’s aviation regulator showed. That is the latest period for which the data is available.

India is one of the world’s fastest-growing aviation markets, clocking 15-20 percent domestic growth in recent years. It has long had only two full-service long-haul carriers, state-run Air India and Jet.

Jet is now hoping to be bailed out by a new investor, with final bids due on May 10.

INCREASING CAPACITY

Before its grounding, Jet had the biggest share of India’s outbound international air traffic, carrying 12 percent of the 7.8 million passengers headed overseas in the Oct-Dec quarter, down from 14 percent a year earlier, data from the Directorate General of Civil Aviation showed.

For an interactive graphic on Jet’s market share, click https://tmsnrt.rs/2WvDQYi

For an interactive graphic on average daily flights by the airline, click https://tmsnrt.rs/2FeFDel

The total number of passengers traveling overseas with Jet fell 10 percent during the last quarter of 2018 even as the outbound travel market grew about 5 percent.

Meanwhile, Singapore Airlines posted a 27 percent increase in passengers from India, Cathay registered 17 percent growth and British Airways saw a 10 percent rise in the same period.

Cathay said the events at Jet combined with increasing demand for travel had led it to deploy larger aircraft with more seats on some Indian routes.

“In the long term we would certainly like to be able to offer more capacity into India, not just on our existing routes but by establishing new services to secondary cities,” Cathay said in a statement.

Singapore Airlines, in an email to Reuters, said the Indian market is “very promising” but declined to give details of airfare levels or demand patterns in the wake of Jet’s exit, citing a quiet period before the release of its annual results.

DOMESTIC GAINS

Jet’s grounding has also had a big impact on the domestic market, with inter-city air fares to major cities such as New Delhi, Mumbai, Bengaluru and Kolkata soaring more than 20 percent in May and June, according to Yatra.com.

The spike in fares is expected to underpin strong earnings for IndiGo and SpiceJet Ltd, which are set to report results for the quarter ended March 31 in the coming weeks.

“Domestic Indian carriers are the main benefactors, but I suspect if Jet fails to be revived by May 10 then Vistara and other airlines that ply international routes, particularly the lucrative Gulf market, are the main winners,” said Shukor Yusof, the head of aviation consultancy Endau Analytics. Vistara is a joint venture of India’s Tata Sons and Singapore Airlines.

Inadequate bilateral traffic rights between India and other countries, however, could be an impediment to foreign carriers’ hopes of winning business lost by Jet, some analysts said.

“Even before Jet’s operational shutdown, international capacity was significantly constrained,” said Kapil Kaul, CEO for South Asia of consultancy CAPA. “We have now more serious capacity challenge … this is unlikely to be stabilized in the near term.”

A new national government likely to be in place sometime after elections end in May is expected to address the international capacity constraints, and once bilateral agreements are eased airlines including Emirates, Turkish and Qatar would immediately benefit, said Kaul.

“We would love to add more flights but we are at the limit of the allocation granted to us for traffic rights,” Emirates Chief Commercial Officer Thierry Antinori told reporters in Dubai on Wednesday.

(Additional reporting by Alexander Cornwell in Dubai, Jamie Freed in Singapore and Tanvi Mehta in Mumbai; Editing by Muralikumar Anantharaman)

Source: OANN

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FILE PHOTO: The company logo for pharmaceutical company AstraZeneca is displayed on a screen on the floor at the NYSE in New York
FILE PHOTO: The company logo for pharmaceutical company AstraZeneca is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 8, 2019. REUTERS/Brendan McDermid

April 26, 2019

By Pushkala Aripaka and Ankur Banerjee

(Reuters) – AstraZeneca Plc beat first-quarter sales and earnings expectations on Friday as the British drugmaker benefited from a push into cancer drugs and emerging markets including China.

Newer treatments such as lung cancer drug Tagrisso, now the company’s top selling medicine, have helped the drugmaker’s return to growth after years of crumbling sales due to patent losses on older drugs.

Sales in China have shown explosive growth, more than doubling since 2012, but AstraZeneca executives on Friday said that may not be sustained.

“The enormous growth you currently see in China, 28 percent, probably is not sustainable, but we feel very bullish that the growth will continue to be at a pace of between 15 percent and 20 percent,” Ruud Dobber, executive vice president, BioPharma, told Reuters.

Shares of the company were down 0.2 percent at 5,878 pence at 1031 GMT.

The turnaround in AstraZeneca’s fortunes has been powered by a push into cancer treatments led by Chief Executive Pascal Soriot, who saw off a 2014 takeover bid from Pfizer in part by promising annual sales of $45 billion by 2023.

In the first quarter, sales from its oncology unit rose 59 percent to $1.89 billion, accounting for 35 percent of total product sales.

The company has moved deeper into cancer therapy market through wide-ranging deals, including those for immunotherapy and targeted therapy. Last month, it agreed a multi-billion dollar oncology deal with Japan’s Daiichi Sankyo Co Ltd.

Interactive graphic on AZN’s top 10 drugs by sales – https://tmsnrt.rs/2W5XIRX

“We’re reaching that point where after years of having to keep faith, we have actually got something tangible to believe in,” Hargreaves Lansdown analyst Nicholas Hyett said.

AstraZeneca also backed its annual sales and earnings forecast and said it has extensively prepared for UK’s anticipated exit from the European Union, even in the event of a no-deal exit.

The company has already spent more than 40 million pounds ($52 million) on Brexit preparations, including stockpiling six weeks’ worth of drugs in the UK and four weeks in continental Europe to guard against shortages.

AstraZeneca said product sales rose 14 percent at constant currency to $5.47 billion in the quarter, led by its lung cancer drug Tagrisso and respiratory treatment Pulmicort.

Interactive graphic on AZN’s quarterly oncology sales – https://tmsnrt.rs/2W9tbCD

China sales increased by 28 percent to $1.24 billion in the quarter, accounting for nearly a quarter of overall product sales.

Core earnings came in at 89 cents per share in the quarter. Analysts on average were expecting core earnings of 85 cents per share and product sales of $5.29 billion, according to a company provided consensus of 19 analysts.

(Reporting by Pushkala Aripaka and Ankur Banerjee in Bengaluru; Editing by Bernard Orr/Keith Weir)

Source: OANN

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Source: InfoWars

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