Markets
Wave of PKK attacks in southeast Turkey kill at least 12
- August 13, 2016
A roadside bomb was set off in Kiziltepe just as a police bus passed by. In Diyarbakir, five civilians were killed and 12 people, including five police officers, were injured during the bomb attack, according to a statement of provincial governorship. (more...)
- August 13, 2016
A roadside bomb was set off in Kiziltepe just as a police bus passed by. In Diyarbakir, five civilians were killed and 12 people, including five police officers, were injured during the bomb attack, according to a statement of provincial governorship. (more...)
Trump campaign asks GOP lawmakers for support in Khan family debacle
- August 13, 2016
In an emotional appearance at last week's convention, Khizr Khan criticized Trump for proposing to temporarily freeze the entry of foreign Muslims into the USA and accused him of making no sacrifices for his country. Republican presidential candidate Donald Trump's comments about Army Captain Humayun Khan and his family made their way to his running mate's town hall in Carson City, Nevada Monday. (more...)
- August 13, 2016
In an emotional appearance at last week's convention, Khizr Khan criticized Trump for proposing to temporarily freeze the entry of foreign Muslims into the USA and accused him of making no sacrifices for his country. Republican presidential candidate Donald Trump's comments about Army Captain Humayun Khan and his family made their way to his running mate's town hall in Carson City, Nevada Monday. (more...)
Arianna Huffington steps down from HuffPo
- August 13, 2016
That's why Arianna Huffington says she is leaving the Huffington Post , which she founded in 2005, to launch a new startup. The site's CEO, Jared Grusd, told staffers the Huffington Post would continue to focus on news and politics, as well as Huffington's own interests on wellness and a balanced lifestyle, according to reports from the site's own media reporter, Michael Calderone . (more...)
- August 13, 2016
That's why Arianna Huffington says she is leaving the Huffington Post , which she founded in 2005, to launch a new startup. The site's CEO, Jared Grusd, told staffers the Huffington Post would continue to focus on news and politics, as well as Huffington's own interests on wellness and a balanced lifestyle, according to reports from the site's own media reporter, Michael Calderone . (more...)
Margot Robbie wants a Harley Quinn/Joker spinoff
- August 13, 2016
It's a hit, and perhaps a blockbuster at that. He told that " Suicide Squad " is a bit of an introduction to The Joker . That doesn't mean he doesn't already have a plan mapped out on how to move forward. But in the movie , he's mostly just a nuisance, less a master of anarchy and evil than a gangster dressed like a weird birthday party clown with bad tattoos. (more...)
- August 13, 2016
It's a hit, and perhaps a blockbuster at that. He told that " Suicide Squad " is a bit of an introduction to The Joker . That doesn't mean he doesn't already have a plan mapped out on how to move forward. But in the movie , he's mostly just a nuisance, less a master of anarchy and evil than a gangster dressed like a weird birthday party clown with bad tattoos. (more...)
Dollar tests ¥103 as BOJ easing measures disappoint
- August 13, 2016
The move disappointed expectations for a stimulus package of almost 28 trillion yen promised by Prime Minister Shinzo Abe earlier in the week to boost the economy. The expansion of the dollar lending program to $24 billion, and a new program started to lend some of the BOJ's bonds to financial institutions, was meant to increase access to supplies of the US currency. (more...)
- August 13, 2016
The move disappointed expectations for a stimulus package of almost 28 trillion yen promised by Prime Minister Shinzo Abe earlier in the week to boost the economy. The expansion of the dollar lending program to $24 billion, and a new program started to lend some of the BOJ's bonds to financial institutions, was meant to increase access to supplies of the US currency. (more...)
Pressuring Trump, Clinton releases 2015 tax returns
- August 13, 2016
The big losses were speaking fees, as Bill's dropped from $9.7 million to $5.3 million.and Hillary's speaking fees went from $10.5 million to $1.5 million. Mitt Romney, the 2012 Republican presidential candidate, and other conservatives have said Mr Trump's refusal raises questions about his finances. Mrs Clinton released an online video on Friday of high-profile Republicans urging Mr Trump to release his taxes. (more...)
- August 13, 2016
The big losses were speaking fees, as Bill's dropped from $9.7 million to $5.3 million.and Hillary's speaking fees went from $10.5 million to $1.5 million. Mitt Romney, the 2012 Republican presidential candidate, and other conservatives have said Mr Trump's refusal raises questions about his finances. Mrs Clinton released an online video on Friday of high-profile Republicans urging Mr Trump to release his taxes. (more...)
Macy's to close 100 more stores
- August 13, 2016
The Plano-based retailer also said it has a contract to sell its 2-million-square-foot corporate campus, but provided no details. It said it plans to add new vendor shops inside each location, bring new businesses onto the sales floors through additional license agreements, increase the size and quality of staffing through programs such as My Stylist personal shopping services, incorporate new technology into each store, accentuate high-potential businesses such as fine jewelry, and create ... (more...)
- August 13, 2016
The Plano-based retailer also said it has a contract to sell its 2-million-square-foot corporate campus, but provided no details. It said it plans to add new vendor shops inside each location, bring new businesses onto the sales floors through additional license agreements, increase the size and quality of staffing through programs such as My Stylist personal shopping services, incorporate new technology into each store, accentuate high-potential businesses such as fine jewelry, and create ... (more...)
Low oil prices, freight rates hit Maersk group's profits
- August 13, 2016
During the second quarter of the year, the division managed to cut costs by 8% compared to the same period in 2015. European shares steadied after setting a fresh seven-week high on Friday, with weaker miners offsetting gains in companies such as A.P. (more...)
- August 13, 2016
During the second quarter of the year, the division managed to cut costs by 8% compared to the same period in 2015. European shares steadied after setting a fresh seven-week high on Friday, with weaker miners offsetting gains in companies such as A.P. (more...)
Russia could break diplomatic ties with Ukraine, PM says
- August 13, 2016
Kiev's alleged attempts at armed incursions into Crimea saw a Russian security service officer killed in clashes while arresting "terrorists" at the weekend, Moscow said. "We call for the avoidance of any actions that would escalate the situation", Trudeau said, urging a return to the negotiating table. "This is a very unsafe game". (more...)
- August 13, 2016
Kiev's alleged attempts at armed incursions into Crimea saw a Russian security service officer killed in clashes while arresting "terrorists" at the weekend, Moscow said. "We call for the avoidance of any actions that would escalate the situation", Trudeau said, urging a return to the negotiating table. "This is a very unsafe game". (more...)
US stock indexes edge lower as investors weigh economic data
- August 13, 2016
BEATING THE STREET: Macy's and Kohl's surged after the department store chains reported quarterly results that beat Wall Street's expectations despite continued competition from online outlets like Amazon.com. General Growth Properties fell $1.14, or 3.7 percent, to $29.58, while Simon Property Group shed $5.01, or 2.3 percent, at $213.97. Concordia International slumped 38.1 percent after the drugmaker reported disappointing sales, cut its annual forecasts and suspended its dividend. (more...)
- August 13, 2016
BEATING THE STREET: Macy's and Kohl's surged after the department store chains reported quarterly results that beat Wall Street's expectations despite continued competition from online outlets like Amazon.com. General Growth Properties fell $1.14, or 3.7 percent, to $29.58, while Simon Property Group shed $5.01, or 2.3 percent, at $213.97. Concordia International slumped 38.1 percent after the drugmaker reported disappointing sales, cut its annual forecasts and suspended its dividend. (more...)
Fox News names Abernethy, Shine as co-presidents
- August 13, 2016
His sons Lachlan and James run the company in concert with him. When Twenty-First Century Fox reported earnings last week, it said Fox News was on track to record its highest-rated year ever. In addition, Jay Wallace , Executive Vice President of News Editorial, will continue to manage the news division. Mr Ailes stepped down last month after several months battling sexual harassment accusations and embarrassing headlines. (more...)
- August 13, 2016
His sons Lachlan and James run the company in concert with him. When Twenty-First Century Fox reported earnings last week, it said Fox News was on track to record its highest-rated year ever. In addition, Jay Wallace , Executive Vice President of News Editorial, will continue to manage the news division. Mr Ailes stepped down last month after several months battling sexual harassment accusations and embarrassing headlines. (more...)
US judge in Anthem merger trial plans ruling by late January
- August 13, 2016
Anthem has said failure to meet the April deadline could prompt Cigna to pull out. A settlement would likely involve significant asset sales to rivals. "Of course the DOJ is going to always be willing to engage in discussions", said Jennifer Rie, an antitrust analyst at Bloomberg Intelligence. Gupte added that Leerink, and probably the rest of Wall Street, have viewed the probability of a successful trial or settlement at 25 percent or lower. (more...)
- August 13, 2016
Anthem has said failure to meet the April deadline could prompt Cigna to pull out. A settlement would likely involve significant asset sales to rivals. "Of course the DOJ is going to always be willing to engage in discussions", said Jennifer Rie, an antitrust analyst at Bloomberg Intelligence. Gupte added that Leerink, and probably the rest of Wall Street, have viewed the probability of a successful trial or settlement at 25 percent or lower. (more...)
Hillary Clinton to release tax returns from 2015 within days, source says
- August 13, 2016
Trump's campaign quickly released a statement saying the comments were meant only to rally gun owners to participate politically as a voting bloc. The IRS has said Trump can release his tax returns even while under audit. During her remarks, Clinton outlined several tenets of her own economic plan, including investing $275 million into infrastructure, changing corporate tax code to deter US companies from moving jobs into foreign nations, raising the minimum wage and increasing taxes on ... (more...)
- August 13, 2016
Trump's campaign quickly released a statement saying the comments were meant only to rally gun owners to participate politically as a voting bloc. The IRS has said Trump can release his tax returns even while under audit. During her remarks, Clinton outlined several tenets of her own economic plan, including investing $275 million into infrastructure, changing corporate tax code to deter US companies from moving jobs into foreign nations, raising the minimum wage and increasing taxes on ... (more...)
Eurostar cancels handful of trains due to strike
- August 13, 2016
Staff on the Eurostar rail service between Britain and mainland Europe started four days of strike action although the company insisted there would be minimal disruption to services. The dispute is over shift patterns and other work/life balance issues. Eurostar said some timetables for this weekend have been altered. Members of the Rail, Maritime and Transport union walked out on Friday and were due to remain on strike for four days. (more...)
- August 13, 2016
Staff on the Eurostar rail service between Britain and mainland Europe started four days of strike action although the company insisted there would be minimal disruption to services. The dispute is over shift patterns and other work/life balance issues. Eurostar said some timetables for this weekend have been altered. Members of the Rail, Maritime and Transport union walked out on Friday and were due to remain on strike for four days. (more...)
Delta flight delays and cancellations continue at KCI
- August 13, 2016
Georgia Power spokesman John Kraft said a failure overnight of Delta's switch gear equipment caused the outage. The cancellations Tuesday follow about 1,000 cancelled flights Monday and nearly 3,000 delayed flights after an outage at its Atlanta headquarters initiated a global meltdown of it booking and communications systems. (more...)
- August 13, 2016
Georgia Power spokesman John Kraft said a failure overnight of Delta's switch gear equipment caused the outage. The cancellations Tuesday follow about 1,000 cancelled flights Monday and nearly 3,000 delayed flights after an outage at its Atlanta headquarters initiated a global meltdown of it booking and communications systems. (more...)
How will Macy's closures affect Staten Island Mall store?
- August 13, 2016
Macy's announced the future closings on Thursday and said it will identify the approximately 100 of its 728 locations that will close once that list is finalized. Even so, it expects to lose about $1 billion in annual revenue from the 100 planned store closures. This summer, Penney has been opening kitchen and laundry appliance departments in its stores and testing other partnerships with Ashley Furniture and flooring company Empire Today. (more...)
- August 13, 2016
Macy's announced the future closings on Thursday and said it will identify the approximately 100 of its 728 locations that will close once that list is finalized. Even so, it expects to lose about $1 billion in annual revenue from the 100 planned store closures. This summer, Penney has been opening kitchen and laundry appliance departments in its stores and testing other partnerships with Ashley Furniture and flooring company Empire Today. (more...)
Kiwi Rallies Ahead RBNZ Rate Cut
- August 13, 2016
At the time of writing, GBP/NZD trended in the region of 1.7870. Today's statement would suggest such a move on debt to income ratios is perhaps closer than we think. Because of this, high appeal for risk amid low inflation expectations in other leading nations has caused NZD exchange rates to defy the RBNZ's expectations. (more...)
- August 13, 2016
At the time of writing, GBP/NZD trended in the region of 1.7870. Today's statement would suggest such a move on debt to income ratios is perhaps closer than we think. Because of this, high appeal for risk amid low inflation expectations in other leading nations has caused NZD exchange rates to defy the RBNZ's expectations. (more...)
Analyst Research and Recommendations: NVIDIA Corporation (NASDAQ:NVDA), Kohl's Corp. (NYSE:KSS)
- August 13, 2016
NVDA Director SEAWELL A BROOKE also sold 5,142 shares , at a stock price of $47.01. Non-GAAP earnings per diluted share were $0.53, up 56 percent from $0.34 a year earlier and up 15 percent from $0.46 in the previous quarter. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. The stock established a positive trend of 1.66% in last week and indicated rise of 7.15% in previous month. (more...)
- August 13, 2016
NVDA Director SEAWELL A BROOKE also sold 5,142 shares , at a stock price of $47.01. Non-GAAP earnings per diluted share were $0.53, up 56 percent from $0.34 a year earlier and up 15 percent from $0.46 in the previous quarter. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. The stock established a positive trend of 1.66% in last week and indicated rise of 7.15% in previous month. (more...)
US Oil-Rig Count Rises 15 to 396 in the Past Week
- August 13, 2016
US crude oil recently rose 1% Friday to $46.47 on the New York Mercantile Exchange. USA crude futures gained over 2 percent to over $44 a barrel, putting the contract on track for a weekly gain over 6 percent, its biggest weekly increase since April, after it fell below $40 last week. (more...)
- August 13, 2016
US crude oil recently rose 1% Friday to $46.47 on the New York Mercantile Exchange. USA crude futures gained over 2 percent to over $44 a barrel, putting the contract on track for a weekly gain over 6 percent, its biggest weekly increase since April, after it fell below $40 last week. (more...)
United States retail sales unexpectedly flat in July
- August 13, 2016
It increased 0.9 percent in the 12 months through June. The July advance retail sales report revealed an overall unchanged m/m result, below market expectations for a +0.4 percent m/m reading, as compared to the revised +0.8 percent m/m reading that occurred in June (previous +0.6 percent m/m). (more...)
- August 13, 2016
It increased 0.9 percent in the 12 months through June. The July advance retail sales report revealed an overall unchanged m/m result, below market expectations for a +0.4 percent m/m reading, as compared to the revised +0.8 percent m/m reading that occurred in June (previous +0.6 percent m/m). (more...)