Markets
Delays continue with Delta flights in Atlanta
- August 10, 2016
The Associated Press reports that the airline has already cancelled 250 flights Tuesday as it tries to get back to a normal schedule a day after it canceled 1,000 flights and delayed almost 3,000 others. Thousands of people were left stranded at airports around the world as flights across the US, Japan, Italy and the United Kingdom were delayed or cancelled. (more...)
- August 10, 2016
The Associated Press reports that the airline has already cancelled 250 flights Tuesday as it tries to get back to a normal schedule a day after it canceled 1,000 flights and delayed almost 3,000 others. Thousands of people were left stranded at airports around the world as flights across the US, Japan, Italy and the United Kingdom were delayed or cancelled. (more...)
United Kingdom will see 'sharp slowdown' in economy over two years
- August 10, 2016
With the BoE decision now out of the way, the market's focus is shifting to the U.S.jobs report due at 1230 GMT. A strong reading there could help the dollar by reviving expectations that the Federal Reserve could raise interest rates by year-end, a scenario that had been discarded in the days that followed the shocks from June's Brexit vote. (more...)
- August 10, 2016
With the BoE decision now out of the way, the market's focus is shifting to the U.S.jobs report due at 1230 GMT. A strong reading there could help the dollar by reviving expectations that the Federal Reserve could raise interest rates by year-end, a scenario that had been discarded in the days that followed the shocks from June's Brexit vote. (more...)
Timely GST roll out challenge; inflation impact limited: RBI
- August 10, 2016
The outgoing Reserve Bank of India (RBI) Governor, Raghuram Rajan, who holds powers setting rates in the central bank, on Tuesday, bade an emotional farewell to the rate cut decision - an USP of the central bank policy which has been generally followed by the banking fraternity in the country for years. (more...)
- August 10, 2016
The outgoing Reserve Bank of India (RBI) Governor, Raghuram Rajan, who holds powers setting rates in the central bank, on Tuesday, bade an emotional farewell to the rate cut decision - an USP of the central bank policy which has been generally followed by the banking fraternity in the country for years. (more...)
Delta cancels 4 flights out of Charleston Tuesday
- August 10, 2016
Leocha, who criticizes the tight constraints Delta is placing on passengers for booking and changing flights. The Department of Transportation can fine airlines for unfair practices and requires airlines to offer refunds when a flight is canceled or significantly delayed, said a department spokesperson. (more...)
- August 10, 2016
Leocha, who criticizes the tight constraints Delta is placing on passengers for booking and changing flights. The Department of Transportation can fine airlines for unfair practices and requires airlines to offer refunds when a flight is canceled or significantly delayed, said a department spokesperson. (more...)
Credit Suisse Group AG Reiterates "Sell" Rating for Dean Foods Co. (DF)
- August 10, 2016
For the third quarter, Dean Foods expects adjusted EPS of 32 cents to 40 cents, surrounding the FactSet consensus of 37 cents, and total volume to decline in the low-single-digit percentage range. Sanford C. Bernstein reaffirmed a "buy" rating on shares of Dean Foods in a research report on Thursday, May 12th. In other Dean Foods news, Director J Wayne Mailloux sold 3,924 shares of the firm's stock in a transaction dated Monday, July 11th. (more...)
- August 10, 2016
For the third quarter, Dean Foods expects adjusted EPS of 32 cents to 40 cents, surrounding the FactSet consensus of 37 cents, and total volume to decline in the low-single-digit percentage range. Sanford C. Bernstein reaffirmed a "buy" rating on shares of Dean Foods in a research report on Thursday, May 12th. In other Dean Foods news, Director J Wayne Mailloux sold 3,924 shares of the firm's stock in a transaction dated Monday, July 11th. (more...)
United Kingdom industrial output records strongest quarter since 1999 before Brexit vote
- August 10, 2016
Manufacturing production added just 0.9% annually during the sixth month of the year, down from the revised down 1.5% hike seen previously. The Office for National Statistics revealed that manufacturing output fell by 0.3 per cent, a step up from a 0.6 per cent contraction in May, but below economists' expectations for a 0.2 per cent drop. (more...)
- August 10, 2016
Manufacturing production added just 0.9% annually during the sixth month of the year, down from the revised down 1.5% hike seen previously. The Office for National Statistics revealed that manufacturing output fell by 0.3 per cent, a step up from a 0.6 per cent contraction in May, but below economists' expectations for a 0.2 per cent drop. (more...)
Global stocks gain after weak China data; oil retreats
- August 10, 2016
The Dow Jones industrial average added 3.76 points, or 0.02 percent, to 18,533.05. Futures showed that US stocks were set for some gains, with Dow and S&P futures up 0.1 percent. Target slid $2.26, or 3 percent, to $72.74. The slight declines followed Monday's announcement of an unscheduled meeting next month by the Organization of Petroleum Exporting Countries, fueling speculation of measures to stabilize prices. (more...)
- August 10, 2016
The Dow Jones industrial average added 3.76 points, or 0.02 percent, to 18,533.05. Futures showed that US stocks were set for some gains, with Dow and S&P futures up 0.1 percent. Target slid $2.26, or 3 percent, to $72.74. The slight declines followed Monday's announcement of an unscheduled meeting next month by the Organization of Petroleum Exporting Countries, fueling speculation of measures to stabilize prices. (more...)
Global glut fears weigh on oil price
- August 10, 2016
US crude futures rose 1.36% to $42.37 in early morning trade, while Brent oil climbed 1.15% to $44.78. ASIA'S DAY: Japan's Nikkei 225 finished 0.7 percent higher at 16,764.97 and South Korea's Kospi climbed 0.6 percent to 2,043.78. USA crude climbed 1.7% to $42.51 a barrel after falling below $40 early last week. OPEC sources have been saying since June that renewed talks about a global output freeze could take place in September, when most members, plus non-members such as Russian ... (more...)
- August 10, 2016
US crude futures rose 1.36% to $42.37 in early morning trade, while Brent oil climbed 1.15% to $44.78. ASIA'S DAY: Japan's Nikkei 225 finished 0.7 percent higher at 16,764.97 and South Korea's Kospi climbed 0.6 percent to 2,043.78. USA crude climbed 1.7% to $42.51 a barrel after falling below $40 early last week. OPEC sources have been saying since June that renewed talks about a global output freeze could take place in September, when most members, plus non-members such as Russian ... (more...)
Vail Resorts Acquiring Whistler Blackcomb
- August 10, 2016
Before it's here, it's on the Bloomberg Terminal. In other words, Vail Resorts will acquire 100 per cent of Whistler Blackcomb's stock. The companies announced the purchase Monday. The massive Whistler resort, which hosted the 2010 Olympic and Paralympic Winter Games, includes 8,000 acres of terrain, 200 trails, 14 alpine bowls, and three glaciers. (more...)
- August 10, 2016
Before it's here, it's on the Bloomberg Terminal. In other words, Vail Resorts will acquire 100 per cent of Whistler Blackcomb's stock. The companies announced the purchase Monday. The massive Whistler resort, which hosted the 2010 Olympic and Paralympic Winter Games, includes 8,000 acres of terrain, 200 trails, 14 alpine bowls, and three glaciers. (more...)
LSU loses two to knee injuries on defensive side of ball
- August 10, 2016
LSU hasn't confirmed that Valentine is back on the team but if he is he could play an important role as a nose tackle in the Tigers' new defensive alignment. The Tigers are switching to a 3-4 defensive scheme this season and he was expected to shift outside to defensive end. Tashawn Bower , working at both the Buck and F-linebacker, is presumably behind Key. (more...)
- August 10, 2016
LSU hasn't confirmed that Valentine is back on the team but if he is he could play an important role as a nose tackle in the Tigers' new defensive alignment. The Tigers are switching to a 3-4 defensive scheme this season and he was expected to shift outside to defensive end. Tashawn Bower , working at both the Buck and F-linebacker, is presumably behind Key. (more...)
Rio 2016: Nigeria to the quarter-final
- August 10, 2016
Sports minister Solomon Dalung took responsibility for what he called the "unfortunate incident" and said in a statement that he went into the team's dressing room after the Sweden game to apologize to players. Dalung said the upfront payment was to ensure that the players are focused and well-motivated ahead of the knockout stage of the competition. The team captain, Mikel Obi , was quoted as assuring Dalung that the team would not lose focus as their target was to win the gold medal for ... (more...)
- August 10, 2016
Sports minister Solomon Dalung took responsibility for what he called the "unfortunate incident" and said in a statement that he went into the team's dressing room after the Sweden game to apologize to players. Dalung said the upfront payment was to ensure that the players are focused and well-motivated ahead of the knockout stage of the competition. The team captain, Mikel Obi , was quoted as assuring Dalung that the team would not lose focus as their target was to win the gold medal for ... (more...)
Asian stocks gain after China data, oil retreats
- August 10, 2016
It is unusual for OPEC to gather outside of its regularly set meetings. Hong Kong's Hang Seng index fell 0.3 percent to 22,416.01 while China's Shanghai Composite Index stayed flat at 3,004.48. He also added that crude oil price has made some steady improvements since the slump in Crude Oil production, the shrink in inventories and the supply outages, while global demand for crude increased within the same period. (more...)
- August 10, 2016
It is unusual for OPEC to gather outside of its regularly set meetings. Hong Kong's Hang Seng index fell 0.3 percent to 22,416.01 while China's Shanghai Composite Index stayed flat at 3,004.48. He also added that crude oil price has made some steady improvements since the slump in Crude Oil production, the shrink in inventories and the supply outages, while global demand for crude increased within the same period. (more...)
Donald Trump to gun owners: You can do something about Hillary Clinton
- August 10, 2016
Now that strategy has been, well, blown away. DONALD Trump is likely to find himself in all sorts of trouble after this comment. In this instance, the intent is not entirely clear. Giuliani, introducing Trump in North Carolina, said that Clinton was "extremely careless" and "lied" about not keeping any confidential information on her private email server. (more...)
- August 10, 2016
Now that strategy has been, well, blown away. DONALD Trump is likely to find himself in all sorts of trouble after this comment. In this instance, the intent is not entirely clear. Giuliani, introducing Trump in North Carolina, said that Clinton was "extremely careless" and "lied" about not keeping any confidential information on her private email server. (more...)
Tesla agrees to acquire solar-panel maker SolarCity for $2.6bn
- August 10, 2016
The deal includes a provision that allows Solar City to solicit other offers through September 14. The deal is expected to win approval in the fourth quarter, the companies said. He spoke of a "beautiful solar-roof-with-battery that just works", and envisioned with a merger the process to transition to clean energy would be simple for a customer: "One ordering experience, one installation, one service contract, one phone app". (more...)
- August 10, 2016
The deal includes a provision that allows Solar City to solicit other offers through September 14. The deal is expected to win approval in the fourth quarter, the companies said. He spoke of a "beautiful solar-roof-with-battery that just works", and envisioned with a merger the process to transition to clean energy would be simple for a customer: "One ordering experience, one installation, one service contract, one phone app". (more...)
Incredible welcome for pilots in Abu Dhabi
- August 10, 2016
The path of Solar Impulse is shown in this graphic released by organizers of the sun-powered flight project. The plane's batteries were damaged during a flight from Japan to Hawaii. "The solar airplane has now successfully made it full circle around the world, proving that clean technologies can really achieve the impossible". The plane ascended to heights of 28,000 feet by day and descended to 5,000 feet by night to ensure that optimal energy efficiency was met. (more...)
- August 10, 2016
The path of Solar Impulse is shown in this graphic released by organizers of the sun-powered flight project. The plane's batteries were damaged during a flight from Japan to Hawaii. "The solar airplane has now successfully made it full circle around the world, proving that clean technologies can really achieve the impossible". The plane ascended to heights of 28,000 feet by day and descended to 5,000 feet by night to ensure that optimal energy efficiency was met. (more...)
Oil slips to $45 as glut overshadows hope for produ
- August 10, 2016
After his declaration, Brent crude, the global benchmark for oil, surged from $42 to $45.33 a barrel - almost a three percent increase. "Both WTI and Brent will have to move above the $50 per barrel level and remain there for the shorter-term traders to regain confidence that the market is embarking on a new up leg", Chirichella said. (more...)
- August 10, 2016
After his declaration, Brent crude, the global benchmark for oil, surged from $42 to $45.33 a barrel - almost a three percent increase. "Both WTI and Brent will have to move above the $50 per barrel level and remain there for the shorter-term traders to regain confidence that the market is embarking on a new up leg", Chirichella said. (more...)
First Warning Forecast: Tracking a few showers and storms and warmer temps
- August 10, 2016
Widespread severe storms are not expected, but some storms could turn severe. Sunrise will be at 6:50 a.m. Sunset will be at 8:04 p.m. Affected counties include Tulsa, Creek and Wagoner. Rain may be heavy at times with gusty south winds throughout the day. The highest coverage of rain will come during the afternoon and evening hours, but we can't rule out late night or morning showers in this pattern as it is a very soupy air mass in place. (more...)
- August 10, 2016
Widespread severe storms are not expected, but some storms could turn severe. Sunrise will be at 6:50 a.m. Sunset will be at 8:04 p.m. Affected counties include Tulsa, Creek and Wagoner. Rain may be heavy at times with gusty south winds throughout the day. The highest coverage of rain will come during the afternoon and evening hours, but we can't rule out late night or morning showers in this pattern as it is a very soupy air mass in place. (more...)
Pound falls, stocks rise as BoE cuts rates
- August 10, 2016
Yields on euro zone bonds such as German bunds also tumbled on Thursday as bond prices rose after the BoE news. A cut in the Bank Rate to 0.25pc means a borrower with a tracker mortgage should see their monthly payment fall by £24.16 on a 25-year, £200,000 loan on a repayment basis, or £41.66 if it's interest only. (more...)
- August 10, 2016
Yields on euro zone bonds such as German bunds also tumbled on Thursday as bond prices rose after the BoE news. A cut in the Bank Rate to 0.25pc means a borrower with a tracker mortgage should see their monthly payment fall by £24.16 on a 25-year, £200,000 loan on a repayment basis, or £41.66 if it's interest only. (more...)
Michael Phelps advances to 200 fly final, renews rivalry with le Clos
- August 10, 2016
The result: Le Clos just kept looking at Phelps, even as they stood on the pool deck awaiting their start. "Nobody expected me to win four years ago so I'd be an idiot to say it's just and Michael or just me and Laszlo (Cseh)", Le Clos said . (more...)
- August 10, 2016
The result: Le Clos just kept looking at Phelps, even as they stood on the pool deck awaiting their start. "Nobody expected me to win four years ago so I'd be an idiot to say it's just and Michael or just me and Laszlo (Cseh)", Le Clos said . (more...)
'Second Amendment people' could deal with Clinton
- August 10, 2016
The Republicans who signed the letter also had plenty of criticism for Trump's Democratic rival, noting that many Americans "have doubts about Hillary Clinton, as do many of us", but explained that this still does not lead them to support the Republican candidate. (more...)
- August 10, 2016
The Republicans who signed the letter also had plenty of criticism for Trump's Democratic rival, noting that many Americans "have doubts about Hillary Clinton, as do many of us", but explained that this still does not lead them to support the Republican candidate. (more...)
Latest news
Ryanair CEO takes rap for costly cancellations 'cock up'