Markets


French presidential election will be very interesting
- April 24, 2017

Centrist candidate Emmanuel Macron garnered the largest share of votes in the first round of France's presidential election, an estimated 23.7 percent, beating far-right candidate Marine Le Pen, who emerged with 21.7 percent. Security Council and founding member of the organisation that transformed itself into the European Union. Emmanuel Macron's youthful supporters wept tears of joy and shouted themselves hoarse on Sunday as projections from France's presidential election suggested ... (more...)
Asian stocks mixed as investors mull French election outcome Asian stocks mixed as investors mull French election outcome
- April 24, 2017

She has been propelled by similar political forces that saw the British vote to "Brexit" -- or leave the European Union -- and Donald Trump win the USA presidency this November. Described as an independent centrist, the millionaire quit Hollande's party to form his own En Marche! His daughter has done much to soften her party's image, and found widespread support among young voters by pitching herself as an anti-establishment defender of French workers and French interests against ... (more...)
N.Korea 'ready to strike' U.S. aircraft carrier N.Korea 'ready to strike' U.S. aircraft carrier
- April 24, 2017

Trump said he was sending "an armada" to Korean waters potentially to deal with threats from North Korea. The North Korean commentary also warned Australia it could be the target of a nuclear weapons strike if it continued to "blindly" follow the U.S. (more...)
Macron, Le Pen set to face off in final round Macron, Le Pen set to face off in final round
- April 24, 2017

Whatever happens next, France seems on course for a break from the status quo, choosing between the 39-year-old Macron, who founded his own centrist party a year ago and has never run for office, or the far right's Le Pen, who has pledged to yank France out of the euro and quit the EU. (more...)
Purplebricks Group (LON:PURP) Broker Price Targets
- April 24, 2017

Stockdale Securities lifted their target price on James Cropper PLC from GBX 1,200 ($15.10) to GBX 1,500 ($18.88) and gave the stock an "add" rating in a report on Wednesday, March 22nd. If you are viewing this article on another website, it was illegally stolen and reposted in violation of USA & worldwide copyright law. The original version of this story can be viewed at https://www.thecerbatgem.com/2017/04/24/liberum-capital-boosts-wh-smith-plc-smwh-price-target-to-gbx-1850.html. (more...)
Halliburton Company (HAL.F) Under Analyst Spotlight Halliburton Company (HAL.F) Under Analyst Spotlight
- April 24, 2017

The oilfield services company reported $0.04 earnings per share for the quarter, topping analysts' consensus estimates of $0.03 by $0.01. Jefferies Group LLC reissued a "buy" rating and set a $70.00 target price on shares of Halliburton Company in a research note on Monday, April 3rd. (more...)
United Airlines CEO to visit China over dragged passenger
- April 24, 2017

While he asserted that he took full responsibility "for making this right ", he said that his organisation will review and update their policy on overbooked flights by the end of April. United already has announced some policy changes such as no longer having law enforcement remove customers from flights and requiring employees to sign in at least 60 minutes before the flight. (more...)
Le Pen and Macron heading to 2nd Round of French Elections Le Pen and Macron heading to 2nd Round of French Elections
- April 24, 2017

Defeated conservative candidate Francois Fillon said he would vote for Macron on May 7 because Le Pen's program "would bankrupt France" and throw the European Union into chaos. Fillon scored 19.9 percent in the first round and far-left contender Jean-Luc Melenchon 19.5 percent. A Harris survey taken on Sunday saw Macron winning the runoff by 64 percent to 36, and an Ipsos/Sopra Steria poll gave a similar result. (more...)
BD to acquire Bard for $24B BD to acquire Bard for $24B
- April 24, 2017

Post closing, Bard shareholders will own approximately 15 per cent of the combined company. Some $300 million in annual "pre-tax run-rate cost synergies" are expected by 2020, the company said. Bard specializes in minimally invasive devices such as catheters and ports for people with irregular heartbeats, end-stage renal disease and clogged arteries, which Becton says will complement its offerings in intravenous drug delivery systems. (more...)
Larry Page's "flying car" makes its debut
- April 24, 2017

Alphabet CEO and Google co-founder, Larry Page, was rumored to be working on a flying auto project a year ago, reported Bloomberg Businessweek . Almost a year ago, Page was reported to have invested more than $100 million in flying auto startups. (more...)
Germany's anti-immigrant party announces September election line-up
- April 24, 2017

The party, now represented in 11 of Germany's 16 states, aims to sign off on a programme that will pave the way for it to enter the national parliament for the first time in its four-year history. "That means the direction now is that they want to integrate positions such as those held by Hoecke and that's a racial radical right-wing position", Funke said, adding that would make it less attractive to voters. (more...)
PPG launches third takeover bid for Dulux maker AkzoNobel PPG launches third takeover bid for Dulux maker AkzoNobel
- April 24, 2017

Akzo Nobel, which has alienated some of its shareholders by refusing to engage with PPG, responded with a statement that did not rule out talks.... Akzo shares jumped 6 percent to a record high of 82.86 euros by 1130 GMT. "I think it's important for them to do the due diligence and to sit down and listen to us", McGarry said. The hedge fund got so excited about its planning two weeks ago that Gordon Singer, Elliott portfolio manager and Paul Singer's son, accidently copied an Akzo rep on ... (more...)
Trump signs executive orders to revive US economy
- April 24, 2017

Trump, the Treasury Department will not be issuing waivers to US companies, including Exxon, authorizing drilling prohibited by current Russian sanctions", the Treasury secretary said in a statement. But Democrats and some Republicans have said any cut in rates should be offset by the elimination of tax breaks to prevent the changes from widening the budget deficit. (more...)
IMF's increased positivity on global growth IMF's increased positivity on global growth
- April 24, 2017

The outlook is a slight upgrade from the 3.4 percent global growth it had forecast in January. By contrast, the Bank of Canada projected last week that the economy will expand by 2.6 per cent this year, up from its prior estimate of 2.1 per cent growth. (more...)
Exxon seeks waiver from USA sanctions on Russian Federation Exxon seeks waiver from USA sanctions on Russian Federation
- April 24, 2017

The Treasury Department's refusal to grant Exxon-Mobil a waiver is particularly noteworthy because the Exxon CEO who managed to get waivers iin 2015 and 2016, Rex Tillerson , is the current US Secretary of State, and would seemingly be in a position to influence such a move. (more...)
Malaysia to Pay Abu Dhabi $1.2 Billion to Settle 1MDB's Debt Malaysia to Pay Abu Dhabi $1.2 Billion to Settle 1MDB's Debt
- April 24, 2017

IPIC, and subsidiary Aabar Investments PJS had brought 1MDB to arbitration past year over a dispute regarding collateral for the bonds. A filing on Monday on the London Stock Exchange says Abu Dhabi's International Petroleum Investment Co. (more...)
Passengers get special in-flight music from Kenny G Passengers get special in-flight music from Kenny G
- April 24, 2017

The legendary musician was in the bay area after performing at Ruth Eckerd Hall on Friday night. Then, a wild Kenny G . appears. If you're wondering, it was a Delta flight. In 2017, one might be drug from their flight, or serenaded by the purveyor of elevator music himself, Kenny G . If you are ever so fortunate to share the air with Kenny G ., you will listen to him play and you will LIKE IT. (more...)
American Airlines suspends flight attendant over altercation caught on video
- April 24, 2017

The back story, according to Fox affiliate Q13 , is that the woman, an global traveler from Argentina, boarded with the stroller and then resisted the attendant's efforts to remove her stroller. "You don't know what the story is". A passenger on an American Airlines plane has said a flight attendant almost hit a baby as he took a pushchair from a passenger who was holding the child. (more...)
French Voters Shun Political Parties, Sending Macron, Le Pen To Presidential Runoff
- April 24, 2017

French stock futures moved sharply higher on Monday morning after Emmanuel Macron won the first round of voting in the French presidential election, easing fears that two anti-European Union candidates would be in the final runoff. The wife of conservative presidential candidate and former French Prime Minister Francois Fillon has cast her ballot near their country home - conspicuously not alongside her husband, due to vote miles away in Paris . (more...)
New video shows Dr Dao stay on flight to treat patients New video shows Dr Dao stay on flight to treat patients
- April 24, 2017

Paul Callan, a civil and criminal trial lawyer in NY, said the public outcry over Dao's treatment would likely push the airline to a quick and generous settlement. Spokeswoman Megan McCarthy said Wednesday that the passengers can take the compensation in cash, travel credits or miles . The practice of "bumping" passengers off of overbooked flights , has also come under scrutiny. (more...)

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