Markets


What Westinghouse's bankruptcy filing means for Charlotte and S.C. reactors What Westinghouse's bankruptcy filing means for Charlotte and S.C. reactors
- April 01, 2017

The company expected to build dozens of its new AP1000 reactors-which were hailed as safer, quicker to construct and more compact-allowing it to build a pipeline of future work for its nuclear power plant maintenance division. Due to the woes at Westinghouse , Toshiba is struggling with debt that some warn might threaten its future. "We are focused on developing a plan of reorganization to emerge from Chapter 11 as a stronger company while continuing to be a global nuclear technology ... (more...)
Booker Statement on Trump's Climate Change Executive Order
- April 01, 2017

But it seems the titans of the tech industry disagree. One U.S. Senator from West Virginia says she stands behind President Trump's Executive Order on Energy Independence. Although Trump never uttered the words "climate change" during the signing ceremony, his order will have profound effects on programs and environmental protections meant to rein in global warming-primarily by reducing carbon dioxide emissions. (more...)
Lithuanian Foreign Minister calls on Russian Federation to release anti-corruption protesters Lithuanian Foreign Minister calls on Russian Federation to release anti-corruption protesters
- April 01, 2017

Some climbed on to lamp posts and the monument to poet Alexander Pushkin, shouting "impeachment!" Keir Giles, a director of the Conflict Studies Research Centre, told VICE News that the demonstrations, though not large in size, were remarkable in Russia's modern political climate. (more...)
Global impact of Trump climate rollback to be felt over time
- April 01, 2017

Workers past year load "clean coal" promoted by the government at a factory in Qianan, in northern China's Hebei province. The order walks back President Obama's Clean Power Plan and promises to reinvigorate the coal-mining industry. While signing the executive order, Trump said that his approach "will start a new era of production and job creation". The U.S. and China are together responsible for some 40 percent of the world's emissions, so their participation in the agreement is crucial ... (more...)
Boeing SC's first 787-10 takes flight in North Charleston
- April 01, 2017

Boeing has already garnered 149 orders of 787-10's from 9 global customers. Built exclusively in North Charleston , the 787-10's first flight comes less than four months after the start of final assembly. The plane "performed exactly like we thought it would". The 787-10 is the third variant of the 787. Ahmad said he expects there will be "a revival in interest from other carriers" once the 787-10 enters service in the first half of 2018. (more...)
Oil rises on weak dollar, but bloated supply still weighs
- April 01, 2017

In November 2016, the Organization of the Petroleum Exporting Countries (OPEC) member states reached an accord to cut oil production by 1.2 million barrels per day for the first half of 2017 to boost global oil prices. The price for Brent was holding around $55 per barrel until mid-March, when steady gains in USA oil production and inventory levels led to some questions about the strength of OPEC's efforts to balance the market through managed production declines. (more...)
Local businesses monitor Sears and Kmart following $2.2 billion
- April 01, 2017

Sears Holdings Corp's shares slumped 16 per cent on Wednesday as bondholders and investors questioned how long the retailer could remain in business, a day after the company flagged going-concern doubts. Sears Holding also owns Kmart and announced in January that it would close 108 stores by April, including one in Cromwell. With a clearance sale winding down at one of its North Charleston stores, financially struggling Sears Holdings Corp . (more...)
SpaceX makes history by launching recycled rocket SpaceX makes history by launching recycled rocket
- April 01, 2017

The "stage one" orbital booster, previously used on a mission 11 months ago, helped send a telecommunications satellite into orbit from the Kennedy Space Center in Florida before successfully landing again. SES had special access; the satellite provider, after all, has a long history with SpaceX . Blue Origin , an aerospace company started by Jeff Bezos, has already reflown a rocket. (more...)
Oil Price Rally Continues Despite Persisting US Supply Glut
- April 01, 2017

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Oil production in Libya has fallen more than 250,000 barrels per day (bpd) this week as output from its western oilfields of Sharara and Wafa has been blocked by armed protesters. (more...)
Trump's order to rollback United States climate policy draws flak
- April 01, 2017

The reality is unemployed coal workers would have a better chance of going back to work in the natural gas industry, which has supplanted coal as the leading US power source. Not about to lose an opportunity to drive that point home, Chinese officials today reiterated their commitment to the Paris Agreement , and subtly chided the U.S. (more...)
Millions to switch off lights for Earth Hour 2017
- April 01, 2017

Earth Hour, an global campaign that spreads the awareness of environmental issues, celebrated its 10th anniversary this year. It's simple, just turn off all your lights and electronic appliances on Saturday between 8.30 pm and 9.30 pm. Through the support of the Department of Interior and Local Government, the Leagues of Municipalities, Cities, and Provinces, the Metro Manila Development Authority, and other government partners, Earth Hour in the Philippines has always been a success. (more...)
Venezuela top court to assume congress role; opposition decries 'dictatorship'
- April 01, 2017

National Assembly President Julio Borges rips Supreme Court documents ruling that it can take over responsibilities assigned to congress, during a press conference at the National Assembly in Caracas , Venezuela, Thursday, Ma. The Assembly's Vice-President Freddy Guevara said earlier the ruling "marks a point of no return for the dictatorship". "The National Assembly will not recognize the Supreme Court, because we were elected by 14 million Venezuelans", Borges said. (more...)
Analyst Recommendations Roundup: Cypress Semiconductor Corporation (NASDAQ:CY) Analyst Recommendations Roundup: Cypress Semiconductor Corporation (NASDAQ:CY)
- April 01, 2017

All of the price computations are enormously subjective and, as a conclusion, there occurs a wide range of equity price targets. Alexandria Capital Lc reported 0% of its portfolio in Cypress Semiconductor Corporation (NASDAQ:CY). This showed the surprise of 7.1% in the last quarter earnings. The company was maintained on Thursday, March 30 by KeyCorp. The ex-dividend date is Tuesday, March 28th. (more...)
Thousands link hands on Westminster Bridge to remember terror victims
- April 01, 2017

Police officers and hundreds of members of the Ahmadiyya Muslim Youth Association were among those standing together on Westminster Bridge. An inquest into his four victims, Palmer, American tourist Kurt Cochran, 54, retired window cleaner Leslie Rhodes, 75, and Aysha Frade, 44, heard how each died. (more...)
Dems Manchin, Heitkamp support Supreme Court pick
- April 01, 2017

Democratic Sens. Heidi Heitkamp and Joe Manchin are so far the only two Democratic senators to say they'll back Gorsuch. Up for re-election in 2018 in a state Trump won in 2016. "He has a record as a balanced, meticulous, and well-respected jurist who understands the rule of law", she said in her statement. "Today, we still know very little about Judge Gorsuch's core beliefs ... (more...)
Health care reform need not be accomplished quickly
- April 01, 2017

Millions more get Obamacare coverage through the Medicaid expansion, and they convinced themselves that this was a bad part of a program that no Republican governor or member of Congress would ever want to keep in place. "I don't think we need to go home until we get this done", said Rep. Mark Meadows, R-N.C., referring to an Easter recess expected to start on April 7. (more...)
Top aide to President Donald Trump leaves administration Top aide to President Donald Trump leaves administration
- April 01, 2017

Trump announced last week that she would become an adviser to the Government, with an office in the White House - but without a specific title. According to her lawyer , Trump's new role at the White House will be to advise her father, concentrating on issues related to women in the workplace, child care, parental leave, and job training. (more...)
How major US stock market indexes fared on Friday
- April 01, 2017

Real estate companies led the gainers. The Dow Jones Industrial Average, S&P 500 and Nasdaq all finished lower on Friday, the final day of this year's first quarter. DASHED EXPECTATIONS: NantHealth slumped 10 percent after the health care information technology company reported disappointing fourth-quarter revenue. (more...)
Judge approves Trump University settlement Judge approves Trump University settlement
- April 01, 2017

But at the end of Thursday's hourlong hearing, Curiel said he would rule at a later time on final approval to settle the two class-action lawsuits and a civil lawsuit by New York Attorney General Eric Schneiderman. Neither the White House nor Trump's attorneys immediately responded to requests for comment on the ruling. Trump doesn't admit any wrongdoing under the terms of the settlement. (more...)
What Are Analysts Opinions On Wal-Mart Stores Inc. (WMT)
- April 01, 2017

In order to reach an opinion and communicate the value and volatility of a covered security, analysts research public financial statements, listen in on conference calls and talk to managers and the customers of a company, typically in an attempt to capture the findings for a research report. (more...)

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