Markets


GOP-led panel OKs bill to overhaul Dodd-Frank GOP-led panel OKs bill to overhaul Dodd-Frank
- May 06, 2017

The 589-page legislation [ PDF ], which has received significant opposition from advocates, retailers, and others, is a revision of the previous Financial CHOICE Act introduced by Hensarling past year. "They can't get going because of the avalanche of red tape", said Rep. Andy Barr, a Kentucky Republican. "It's important that we get tax reform done". (more...)
C919 jet takes off on maiden flight, to test China's aviation ambitions
- May 06, 2017

The plane is seen as competition to Boeing 737 and Airbus A320 passenger jets in the most popular single aisle segment. Orders have already been placed for more than 500 of the planes, with commitments from 23 customers, say officials, mainly Chinese airlines. (more...)
Dip in Tesla's customer deposits triggers worries over orders
- May 06, 2017

Tesla said it has about $4 billion in cash on hand, and-in an ambiguously-worded phrase-it reiterated that July is still the target date to begin production of the Model 3, with the hope of ramping up production to an incredible one million vehicles annually by next year. (more...)
Barrie's jobless rate hits two year low
- May 06, 2017

The national unemployment rate moved down to 4.4%, the lowest rate in more than 10 years. The federal government continued to boost its head count in Ottawa-Gatineau, adding about 600 workers to bring the total number of federal employees in the region to 153,500. (more...)
Timeline - China's C919 jet: from drawing board to take-off
- May 06, 2017

There is also the daunting task of selling the jet in a global market dominated by Boeing and Airbus. The question on the minds of most consultants and airline executives wasn't whether the Chinese would ever get the C919 airborne after it was announced in 2008-but whether anyone other than state-owned Chinese airlines would want to buy the plane once it did. (more...)
Sonoma County beach killings: How cold-case suspect was captured Sonoma County beach killings: How cold-case suspect was captured
- May 06, 2017

Sonoma County Sheriff Steve Freitas said at a Friday news conference that Shaun Gallon, 38, of Forestville in Sonoma County is suspected in the deaths of Lindsay Cutshall, 22, of OH and Jason Allen, 26, of MI. Then this week they say he killed his brother, and during the interview for that crime, the revisited the beach murders near Jenner. Questioned after his recent arrest about the 2004 killings, Gallon relayed "information about the killings that no other person could have known", the ... (more...)
Low for gold as dollar rises following Fed rate hold
- May 06, 2017

Gold prices fell to a fresh three-week low Tuesday in early USA trading as the Federal Reserve readies to begin a two-day policy meeting in which its policymaking committee is largely expected to hold interest rates steady. A strong nonfarm payrolls number, which is due later in the day, would raise expectations of rate hike in June and have a negative impact on gold, said Ronald Leung, chief dealer at Lee Cheong Gold Dealers in Hong Kong. (more...)
Federal Reserve: US economic slowdown temporary Federal Reserve: US economic slowdown temporary
- May 06, 2017

The U.S. added just 98,000 net new jobs in March, the fewest in a year, although economists said weather was probably a factor. Gold gained on Friday in Asia in cautious trade ahead of USA nonfarm payrolls data expected to point the way for a Fed rate hike in June with 185,000 jobs expected, compared to a disappointing 98,000 in March. (more...)
Taking a Look at the Data Behind QUALCOMM Incorporated (QCOM)
- May 06, 2017

BMO Capital Markets reiterated a "market perform" rating and set a $54.00 price objective on shares of QUALCOMM in a research note on Tuesday. European Union regulators will decide by June 9 whether to clear smartphone chipmaker QUALCOMM, Inc. (more...)
American Airlines to decrease legroom for passengers American Airlines to decrease legroom for passengers
- May 06, 2017

The average analysts gave this company a mean recommendation of 2.00. Several analysts have issued reports on the company. American's seat-distance plans were first reported by CNN . ( AAL ) may be overvalued, however, this can also depend upon the situation of the market; if the market is strong then it could suggest that American Airlines Group Inc . (more...)
United Kingdom mulls clean-air zones, scrappage scheme for polluting vehicles United Kingdom mulls clean-air zones, scrappage scheme for polluting vehicles
- May 06, 2017

Ministers were ordered to draw up the new clean air plans following a court challenge by environmental lawyers ClientEarth, with the High Court ruling that existing government proposals to meet EU-mandated pollution limits were not sufficient. (more...)
Telstra shares are on a tear Telstra shares are on a tear
- May 06, 2017

Telstra's monopoly was supported by regional councils such as Barcoo Shire Council in Queensland, which said other telcos had failed to invest in remote areas, instead enjoying "the riches of mobile services for city customers". "ACCAN is a strong advocate for better mobile coverage and improved competition in regional and rural areas", said its CEO, Teresa Corbin. "It denies the benefits of increased coverage, competition, and choice to Australian mobile customers, especially hundreds of ... (more...)
Technical Charts and Signs for APPAREL HOLDING CORP. (VNCE) Technical Charts and Signs for APPAREL HOLDING CORP. (VNCE)
- May 06, 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...)
Morrisons reports strong sales growth, expands services in collaboration with Amazon Morrisons reports strong sales growth, expands services in collaboration with Amazon
- May 06, 2017

Morrisons says that sales were strong over the key events in the quarter, Valentine's Day, Mother's Day and Easter, with customer satisfaction levels again improving. The company, based in Bradford, England, said it served over half a million additional customers a week in its first quarter, a year-on-year rise of 4.6 percent. (more...)
South African court orders Zuma to provide reasons for firing Gordhan South African court orders Zuma to provide reasons for firing Gordhan
- May 06, 2017

However, the DA said it wanted the court to review and set aside Zuma's decision to dismiss Pravin Gordhan as finance minister, and his deputy Mcebisi Jonas. Zuma argued he was exercising his powers in terms of section 91 (2) of the Constitution of the Republic of South Africa. The ANC says the court ruling amounts to opposition parties using the judiciary to police political decisions and sets a very worrisome precedent. (more...)
Bustling Stock in Focus: The Coca-Cola Company (NYSE:KO)
- May 06, 2017

JPMorgan Chase & Co. started coverage on shares of The Coca-Cola in a research note on Tuesday, March 21st. They set a "neutral" rating for the company. Shareholders of record on Monday, April 10th were given a $0.2261 dividend. This represents a $1.48 annualized dividend and a yield of 3.43%. Abner Herrman & Brock LLC boosted its position in The Coca-Cola by 0.4% in the third quarter. (more...)
Shake Shack shares plunge after sales go cold Shake Shack shares plunge after sales go cold
- May 06, 2017

Shake Shack (NYSE: SHAK ) last announced its quarterly earnings results on Thursday, May 4th. Finally, Buckingham Research reduced their target price on shares of Shake Shack to $39.00 and set an in-line rating for the company in a research report on Thursday, March 2nd. (more...)
Large Chinese-made passenger jet due to make maiden flight Large Chinese-made passenger jet due to make maiden flight
- May 06, 2017

The plane circled the skies around the Shanghai region after takeoff, and the test flight is slated to last for a couple of hours before the jet lands back in the city. China's new passenger planes pose no immediate threat to Western aviation companies such as Boeing and Airbus . "The expectation for the C919 is not to become the best-selling single-aisle aircraft in the market, but rather become a stepping stone for COMAC to build something better, with indigenous technology". (more...)
Messi wins FIFA appeal, remaining 3 matches of ban lifted
- May 06, 2017

When Santos, by then coaching Portugal, appealed at the Court of Arbitration for Sport, the ban was reduced to four games. "One of the assistant referees, of Brazilian nationality, perfectly understood what I was saying, so much so that we spoke amicably and at no time did my words offend or insult the official". (more...)
Chesapeake Energy Corporation (CHK) Beats Earnings Estimates
- May 06, 2017

The objective of a stock price analysis is to study the behaviour of stock prices. On 4/24/2017 John R. Schimkaitis, Insider, sold 6,375 with an average share price of $72.00 per share and the total transaction amounting to $459,000.00. The Beta for the stock stands at 1.94. This represents a $1.22 dividend on an annualized basis and a yield of 1.70%. 75 funds opened positions while 177 raised stakes. (more...)

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