Sen. Barbara Boxer way ahead of her opponent in campaign funds

Sen. Barbara Boxer way ahead of her opponent in campaign fundsCampaign finance reports have shown that Sen. Barbara Boxer, D-Calif., has a campaign war chest almost 12 times as large as that of her Republican opponent Carly Fiorina.

The Los Angeles Times reported on Friday that figures released by the two campaigns after a six-week reporting period ending June 30 show Boxer with nearly $12 million in campaign funds compared to slightly less than $1 million for Fiorina.

Seven suspected militants killed in Pakistan

Seven suspected militants killed in PakistanAccording to the official reports, a U. S. drone has killed seven suspected militants in northern Pakistan, security officials say, but local officials say some of those killed were civilians.

BBC news reported on Thursday that the Predator drone fired at least two missiles into a compound used by alleged Islamist fighters near the town of Miranshah.

The BBC has reported that local tribal elders claim many of those killed were civilians in a village house.

More analysis needed in oil well cap, feels White House

More analysis needed in oil well cap, feels White HouseResults of a crucial test on BP's well in the Gulf of Mexico are ambiguous and urged BP to increase monitoring during testing, The White House said on Friday.

The New York Times has reported that retired Coast Guard Adm. Thad Allen, overseeing the response to the gulf oil spill, said the testing indicates the well is in good shape, but it was not yet possible to rule out damage that might complicate efforts to permanently stop the leak.

He said, "We want to be careful not to do any harm or create a situation that could not be reversed."

Russian heat wave reaches record temperatures

Russian heat wave reaches record temperaturesMeteorologists have said that temperatures in Moscow reached 91 degrees in a heat wave that broke a 70-year-old weather record.

RIA Novosti reported on Friday that according to the forecasters, the heat wave in the entire central region of Russia area will last until July 22.

A meteorologist said, "As of 15.00 Moscow time, meteorological stations in Moscow registered 33 degrees Celsius (91 degrees F), 0.2 degrees higher than the record set on July 16, in 1938."

Denver Judge rules stealing of Valor as an unconstitutional act

Denver Judge rules stealing of Valor as an unconstitutional actIt has been reported that a U. S. district judge in Denver has dismissed the case of a man who lied about being a war veteran, saying the Stolen Valor Act is unconstitutional.

The Denver Post reported on Friday that Judge Robert Blackburn threw out the case against Rick Strandlof, who had been charged with misdemeanors for making false claims of receiving military decoration for serving in the Iraq war.

Blackburn ruled that the act violates First Amendment free speech rights.

Food inflation rises to 12.81%

Food inflation rises to 12.81%The yearly food infl

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News in Focus

Pricol Share Price Target at Rs 935: Axis Securities

Axis Securities has kept its BUY call on Pricol Ltd with an unchanged target price of Rs 935, about 28% above the Nov. 5 closing price of Rs 728.

Mahindra & Mahindra Share Price Target at Rs 4,387: BOB Capital Markets

BOB Capital Markets has retained its BUY rating on Mahindra & Mahindra but trimmed its target price to Rs 4,387 from Rs 4,530, still implying about 40% upside from the Rs 3,128 market price.

ICICI Securities has maintained its BUY rating on Swiggy but cut its target price to Rs 400 from Rs 520, still implying about 90% upside from the Rs 211 market price.

Stylam Industries Share Price Target at Rs 3,750: ICICI Direct

ICICI Direct, the retail research arm of ICICI Securities, has maintained its BUY call on Stylam Industries with a revised 12-month target price of Rs 3,750, about 21% above the current market pric

Saregama Share Price Target at Rs 740: ICICI Direct

ICICI Direct, the retail research arm of ICICI Securities, has reiterated its BUY call on Saregama India with a 12-month target price of Rs 740, about 16% above the Rs 638 market price, after the R

Cera Sanitaryware Share Price Target at Rs 6,437: BOB Capital Markets

BOB Capital Markets has maintained its BUY rating on Cera Sanitaryware with a target price of Rs 6,437, implying about 34% upside from the Nov. 5 closing price of Rs 4,802.