Markets


United CEO Oscar Munoz: No one has been fired over passenger incident
- April 26, 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...)
United Airlines Linking Pay of Executives to Satisfaction of Customers United Airlines Linking Pay of Executives to Satisfaction of Customers
- April 26, 2017

The company said in a regulatory filing that about $6.8 million United States of the total was related to a signing bonus that Munoz was promised in 2016. "The board also believes that an independent chairman of the board can effectively manage the relationship between the board and the chief executive officer", the company said in the filing. (more...)
Verizon's bid challenges AT&T's offer for Straight Path Verizon's bid challenges AT&T's offer for Straight Path
- April 26, 2017

David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now. and Straight Path Communications wasn't one of them! Straight Path shot up $14.68 (13.24%) to $125.57 each in late morning trading Tuesday. (more...)
No One Is Getting Fired Over Passenger Dragging Incident, Says United CEO
- April 25, 2017

Blumenthal, a Democrat from CT and frequent critic of the airline industry, called the removal of United flight 3411 passenger David Dao by Chicago airport police "brutal and shocking". There was "never consideration" of firing an employee over the incident, he said. So why can't we do the simple things right and fix this problem? The airline also announced that they would no longer call law enforcement officers to remove passengers from flights unless there is a tangible safety concern. (more...)
Donald Trump Denounces Anti-Semitism On Israel Holocaust Day
- April 25, 2017

Solemn ceremonies are held in schools and community centers. Trump's speech to honor victims of the Holocaust comes weeks after his press secretary diminished Nazi leader Adolf Hitler in an attempt to shame Syrian President Bashar al-Assad. (more...)
MPs overwhelmingly support May's call for snap election MPs overwhelmingly support May's call for snap election
- April 25, 2017

Theresa May has insisted the result of the snap general election is "not certain" despite polls putting the Conservatives as many as 24 points ahead of Labour. The polls - admittedly not always a reliable indicator - give the Tories a 24 point lead and unless there is some sort of political natural disaster, it is hard to see how Labour can pull off a most unlikely victory. (more...)
Markets celebrate Macron victory in French elections Markets celebrate Macron victory in French elections
- April 25, 2017

A look at regional voting differences showed that Ms. Le Pen's strength lies mainly along the Mediterranean coast, the part of France most heavily affected by immigration from Africa and the Middle East, while Mr. Conservative candidate Francois Fillon got 20.01%, and left-wing candidate Jean-Luc Melenchon, 19.58% of the vote. On the other hand, the voters clearly repudiated the French political establishment, represented by the Socialist and Republican parties that have traded presidencies ... (more...)
International Monetary Fund maintains 5.1% growth estimate for Indonesia amid headwinds
- April 25, 2017

The forecast for 2017 remained the same as the one made available in January, but the estimate for 2018 increased in 0.2 percentage point. "Growth is projected to rise to 2.6 percent in 2017 and 3.5 percent in 2018, largely driven by specific factors in the largest economies, which faced challenging macroeconomic conditions in 2016", it said. (more...)
FCC's Pai could reveal new net neutrality rules tomorrow FCC's Pai could reveal new net neutrality rules tomorrow
- April 25, 2017

Under FTC-style enforcement, the FCC or the FTC would not set any industrywide net neutrality rules, instead depending on broadband providers' pledges to avoid blocking or slowing web traffic. Craig Aaron, the CEO of Advocacy group Free Press said, " Pai wants to hand over control of the internet to providers no matter the cost to our economy and democracy ". (more...)
Lockheed Martin's quarterly revenue up 6.6 percent
- April 25, 2017

Outlined as the total market value of all unsettled shares of the company, the current market cap for the Lockheed Martin Corporation (NYSE:LMT) Aerospace/Defense Products & Services is valued at 78144.17. Citigroup Inc reduced their target price on shares of Lockheed Martin from $335.00 to $333.00 and set a "buy" rating on the stock in a research report on Wednesday, January 25th. (more...)
Uber expects flying taxis to take off in 2020 Uber expects flying taxis to take off in 2020
- April 25, 2017

The car-for-hire company discussed its vision for urban air service at the Uber Elevate Summit in Dallas. Global ride-sharing service Uber announced this afternoon that it is partnering with Aurora Flight Sciences to develop an all-electric vertical takeoff and landing (eVTOL) aircraft for its proposed Uber Elevate Network, which includes passenger transport and package delivery. (more...)
Kasich Talks Unity Just Before Book Tour Starts Kasich Talks Unity Just Before Book Tour Starts
- April 25, 2017

Kasich was the last candidate to bow out of the Republican nomination past year, but he told Anderson Cooper at CNN's Town Hall in New York Monday night that Trump deserves a fair shot. Mr. Kasich is unable to run for governor again in 2018 due to term limits. But Kasich said he does not think people voted for Trump because of Obamacare or tax reform, but because they are "very unsettled economically". (more...)
Entire US Senate to go to White House for North Korea briefing
- April 25, 2017

Fox News chief Rupert Murdoch's close ties with President Trump were put on display when White House press secretary Sean Spicer found himself in the hot seat earlier this month, a new Washington Post report reveals. 'I think that just by detaining a prisoner is one more way he's trying to show his strength, and it's not going to work'. Doubling down on his formal apology following that epic gaffe , Spicer told Politico that same afternoon that his comments about the Holocaust were ... (more...)
Which Analysts Are Watching Barrick Gold Corporation (NYSE:ABX)? Which Analysts Are Watching Barrick Gold Corporation (NYSE:ABX)?
- April 25, 2017

Movements above 70 are interpreted as indicating overbought conditions; conversely, movements under 30 reflect oversold conditions. The original version of this story can be accessed at https://www.thecerbatgem.com/2017/04/25/barrick-gold-corp-abx-releases-earnings-results.html. (more...)
United Airlines Controversy: New Footage Shows Passenger's Conversation With Security United Airlines Controversy: New Footage Shows Passenger's Conversation With Security
- April 25, 2017

Passenger videos of the incident show him being dragged from the plane and bleeding from the mouth. "I won't go. I'm staying right here", Dao said in the footage, uploaded by fellow passenger Joya Cummings, adding they would have to drag him off the flight. (more...)
Euro jumps to 5-month high in French election relief rally Euro jumps to 5-month high in French election relief rally
- April 25, 2017

Mr Macron and Ms Le Pen, leader of the National Front, go head-to-head on May 7 after taking the top two places in Sunday's first round. Come a May 7 run-off, the voters of France will have a clearer than clear choice about who deserves their oui . (more...)
Netflix clinches licensing deal with China's iQiyi.com Netflix clinches licensing deal with China's iQiyi.com
- April 25, 2017

Strict protectionism by Beijing regulators has prevented Netflix and Amazon from entering the huge Chinese content arena; the territory is among the handful of countries where the two USA streaming powerhouses are not yet active. Netflix presented its global strategy at CES 2016. Netflix CEO Reed Hastings recently said that a full China launch was unlikely in the near term, and that the company would focus on licensing for now. (more...)
Curtis Banks Group PLC (CBP) To Go Ex-Dividend on April 27th
- April 25, 2017

Amphenol had 17 analyst reports since July 23, 2015 according to SRatingsIntel. The rating was maintained by RBC Capital Markets on Thursday, March 2 with "Top Pick". RUSHA's SI was 1.09 million shares in April as released by FINRA. It has outperformed by 55.68% the S&P500. Analysts await Egalet Corp (NASDAQ:EGLT) to report earnings on May, 9. (more...)
Ontario sets tax on foreign buyers to cool housing market
- April 25, 2017

While the Fair Housing Plan's creation of a new Housing Supply Team aims to identify and overcome obstacles pertaining to specific projects, specifics of how this would apply to the development industry remain unclear in the Province's newly-released documents. (more...)
Most Active Stock: CytRx Corporation (CYTR) Most Active Stock: CytRx Corporation (CYTR)
- April 25, 2017

This scale runs from 1 to 5 where 1 represents Strong Buy and 5 represents Sell. Beta value of the stock stands at 1.07. Given that its average daily volume over the 30 days has been 1.65 million shares a day, this signifies a pretty significant change over the norm. (more...)