Markets
Trump Opts For Renegotiation Over Pulling Out Of NAFTA
- May 09, 2017
The monthly global auto report says restrictions could harm the American auto industry, which is a major supplier of auto parts to Canada and, in particular, Mexico. The peso recovered to 19.03 to the dollar Thursday, after the governments issued parallel statements committing to renegotiating NAFTA. I looked forward to terminating. (more...)
- May 09, 2017
The monthly global auto report says restrictions could harm the American auto industry, which is a major supplier of auto parts to Canada and, in particular, Mexico. The peso recovered to 19.03 to the dollar Thursday, after the governments issued parallel statements committing to renegotiating NAFTA. I looked forward to terminating. (more...)
China eyes global market after Comac C919 maiden flight
- May 09, 2017
China is looking to reduce its dependence on Boeing's 737 made in the United States and the Airbus A320 made in Europe. It also marks a milestone for the Commercial Aircraft Corporation of China (COMAC), the Shanghai-based manufacturer of the C919. (more...)
- May 09, 2017
China is looking to reduce its dependence on Boeing's 737 made in the United States and the Airbus A320 made in Europe. It also marks a milestone for the Commercial Aircraft Corporation of China (COMAC), the Shanghai-based manufacturer of the C919. (more...)
Oil price collapses below US$45
- May 09, 2017
OPEC and non-OPEC oil producers look likely to extend their agreement to limit supplies beyond its June expiry to help clear a glut, three OPEC delegates said on Thursday, downplaying the chance of additional steps such as a bigger cut. "The interpretation would be that Libyan production and exports would be increasing in the next couple of months, adding to supplies in an already oversupplied market", said Andy Lipow, president of Lipow Oil Associates. (more...)
- May 09, 2017
OPEC and non-OPEC oil producers look likely to extend their agreement to limit supplies beyond its June expiry to help clear a glut, three OPEC delegates said on Thursday, downplaying the chance of additional steps such as a bigger cut. "The interpretation would be that Libyan production and exports would be increasing in the next couple of months, adding to supplies in an already oversupplied market", said Andy Lipow, president of Lipow Oil Associates. (more...)
Wells Fargo has satisfactory 'living will' plan -Fed
- May 09, 2017
The Federal Reserve and Federal Deposit Insurance Corp. said Monday that Wells Fargo had addressed concerns they raised after the bank became the first to have its so-called living will found "not credible" two times running. Sanger repeatedly declined to make individual directors available during the meeting to explain when they first learned of the fake accounts, explaining that he is speaking on behalf of the board. (more...)
- May 09, 2017
The Federal Reserve and Federal Deposit Insurance Corp. said Monday that Wells Fargo had addressed concerns they raised after the bank became the first to have its so-called living will found "not credible" two times running. Sanger repeatedly declined to make individual directors available during the meeting to explain when they first learned of the fake accounts, explaining that he is speaking on behalf of the board. (more...)
Allergan plc (AGN) now has an average brokerage recommendation of 1.57
- May 09, 2017
COPYRIGHT VIOLATION WARNING: "Allergan plc (AGN) to Release Earnings on Tuesday" was originally published by Transcript Daily and is the property of of Transcript Daily. Shareholders of record on Thursday, May 18th will be paid a dividend of $0.70 per share. Among 4 analysts covering Anglogold Ashanti Limited ( NYSE:AU ), 2 have Buy rating , 1 Sell and 1 Hold. (more...)
- May 09, 2017
COPYRIGHT VIOLATION WARNING: "Allergan plc (AGN) to Release Earnings on Tuesday" was originally published by Transcript Daily and is the property of of Transcript Daily. Shareholders of record on Thursday, May 18th will be paid a dividend of $0.70 per share. Among 4 analysts covering Anglogold Ashanti Limited ( NYSE:AU ), 2 have Buy rating , 1 Sell and 1 Hold. (more...)
US Congress tells airlines to do better or face consequences
- May 09, 2017
United Airlines Inc UAL .N executives faced harsh criticism from USA lawmakers that demanded answers on Tuesday following the forcible removal of a passenger from an overbooked flight in April, with the carrier's chief executive again apologizing for the incident. (more...)
- May 09, 2017
United Airlines Inc UAL .N executives faced harsh criticism from USA lawmakers that demanded answers on Tuesday following the forcible removal of a passenger from an overbooked flight in April, with the carrier's chief executive again apologizing for the incident. (more...)
French presidency for Macron; name change for far-right
- May 09, 2017
Mr Macron's personal life is certainly of interest to many, as a 16-year-old he fell in love with his 40-year-old teacher, who was married with three children. It was expected that Marine Le Pen , who promised immigration control similar to Trump and France pulling out of the European Union a la Brexit, could get a similar mandate from the French. (more...)
- May 09, 2017
Mr Macron's personal life is certainly of interest to many, as a 16-year-old he fell in love with his 40-year-old teacher, who was married with three children. It was expected that Marine Le Pen , who promised immigration control similar to Trump and France pulling out of the European Union a la Brexit, could get a similar mandate from the French. (more...)
Oil prices edge up in anticipation of extended crude output cut
- May 09, 2017
The slide had worsened after OPEC delegates downplayed the chance that their group and other producing countries would deepen their output cuts when they meet on May 25. Oil held gains before government data forecast to show US crude stockpiles fell for a fifth week, further reducing an inventory surplus. "We really need to see some of the data starting to support the idea that global inventory levels are coming down", Saxo Bank senior manager Ole Hansen said. (more...)
- May 09, 2017
The slide had worsened after OPEC delegates downplayed the chance that their group and other producing countries would deepen their output cuts when they meet on May 25. Oil held gains before government data forecast to show US crude stockpiles fell for a fifth week, further reducing an inventory surplus. "We really need to see some of the data starting to support the idea that global inventory levels are coming down", Saxo Bank senior manager Ole Hansen said. (more...)
Crude palm oil rises 0.38% in futures trade
- May 09, 2017
Said Mr Ole Sloth Hansen, head of commodity strategy at Saxo Bank in Copenhagen: "Saudi and Russia's main objective is once again to buy some time in the strong belief that hard data is about to turn more favourable as the high-demand season approaches". (more...)
- May 09, 2017
Said Mr Ole Sloth Hansen, head of commodity strategy at Saxo Bank in Copenhagen: "Saudi and Russia's main objective is once again to buy some time in the strong belief that hard data is about to turn more favourable as the high-demand season approaches". (more...)
Plug Power Announces 2017 First Quarter Results
- May 09, 2017
Rodman & Renshaw boosted their price objective on shares of Plug Power from $3.00 to $4.00 and gave the company a "buy" rating in a research report on Thursday, April 6th. The company had revenue of $32.60 million for the quarter, compared to analysts' expectations of $32.54 million. The Return on Equity ratio of Plug Power Inc . (more...)
- May 09, 2017
Rodman & Renshaw boosted their price objective on shares of Plug Power from $3.00 to $4.00 and gave the company a "buy" rating in a research report on Thursday, April 6th. The company had revenue of $32.60 million for the quarter, compared to analysts' expectations of $32.54 million. The Return on Equity ratio of Plug Power Inc . (more...)
Warren Buffett To Shareholders: 'We Messed Up By Not Investing In Amazon'
- May 09, 2017
Buffett's change of heart would be both a boon to his shareholders and somewhat ironic: The investor has publicly espoused the value of income-paying stocks, particularly for retirement savers, but may bring dividends to Berkshire just as he prepares to retire himself. (more...)
- May 09, 2017
Buffett's change of heart would be both a boon to his shareholders and somewhat ironic: The investor has publicly espoused the value of income-paying stocks, particularly for retirement savers, but may bring dividends to Berkshire just as he prepares to retire himself. (more...)
Delta flight: family booted over seat dispute
- May 09, 2017
Schear bought another ticket for his teenager on a different flight so that his two-year-old take the seat and sleep more easily. In a recent episode, a California couple was booted off an overbooked Delta Airlines flight for refusing to give up their child's seat. (more...)
- May 09, 2017
Schear bought another ticket for his teenager on a different flight so that his two-year-old take the seat and sleep more easily. In a recent episode, a California couple was booted off an overbooked Delta Airlines flight for refusing to give up their child's seat. (more...)
DEATH AND REGRETS: Warren Buffett's big annual meeting was sort of depressing
- May 09, 2017
Buffett, whose Berkshire Hathaway Inc.is a major shareholder of United and other big US airlines, said the recent spotlight on poor customer service in the airline industry doesn't change his investment strategy. Our quiz for the day: What should a long-term shareholder, such as Berkshire, cheer for during that period? Berkshire said complex social and moral issues should not determine where it could invest. (more...)
- May 09, 2017
Buffett, whose Berkshire Hathaway Inc.is a major shareholder of United and other big US airlines, said the recent spotlight on poor customer service in the airline industry doesn't change his investment strategy. Our quiz for the day: What should a long-term shareholder, such as Berkshire, cheer for during that period? Berkshire said complex social and moral issues should not determine where it could invest. (more...)
Trump Takes a Bite Out of Michelle Obama's School Lunch Program
- May 09, 2017
This new "regulatory flexibility" counteracts several of the former First Lady's efforts to curb childhood obesity , including the "Healthy, Hunger-Free Kids Act" and her widely-publicized " Let's Move! " campaign. Also in the New York Times , Patricia Montague, chief executive of the National School Nutrition Association , is quoted as saying, "We have been wanting flexibility so that schools can serve meals that are both nutritious and palatable". (more...)
- May 09, 2017
This new "regulatory flexibility" counteracts several of the former First Lady's efforts to curb childhood obesity , including the "Healthy, Hunger-Free Kids Act" and her widely-publicized " Let's Move! " campaign. Also in the New York Times , Patricia Montague, chief executive of the National School Nutrition Association , is quoted as saying, "We have been wanting flexibility so that schools can serve meals that are both nutritious and palatable". (more...)
Google Cloud, Google Sales, Made For Strong Alphabet Q1
- May 09, 2017
There was equally stunning growth on the sales side as revenues rose 22 percent to $24.750 billion (£19.1bn) from $20.257 billion (£15.7bn) in the same year-ago quarter. That beat Wall Street expectations of $24.22 billion in revenue and EPS of $7.39. Alphabet Inc is a holding company. Alphabet CEO Larry Page released a letter last night defending the two-year-old Alphabet structure, which he said had achieved its objective of giving investors greater visibility into Google's ... (more...)
- May 09, 2017
There was equally stunning growth on the sales side as revenues rose 22 percent to $24.750 billion (£19.1bn) from $20.257 billion (£15.7bn) in the same year-ago quarter. That beat Wall Street expectations of $24.22 billion in revenue and EPS of $7.39. Alphabet Inc is a holding company. Alphabet CEO Larry Page released a letter last night defending the two-year-old Alphabet structure, which he said had achieved its objective of giving investors greater visibility into Google's ... (more...)
Tillerson to seek action on North Korea during Asia meeting
- May 09, 2017
It's clear from the U.S. perspective that we want to ensure that air and maritime transit is free, and the Asean partners that we have can count on the United States to assert these rights for us and for all. Security Council resolutions and, most importantly, deny North Korea the revenue streams it has used to advance its provocative programs..." Balakrishnan, whose country signed the TPP, stressed the importance of U.S. (more...)
- May 09, 2017
It's clear from the U.S. perspective that we want to ensure that air and maritime transit is free, and the Asean partners that we have can count on the United States to assert these rights for us and for all. Security Council resolutions and, most importantly, deny North Korea the revenue streams it has used to advance its provocative programs..." Balakrishnan, whose country signed the TPP, stressed the importance of U.S. (more...)
Asean leaders' summit opens in Manila
- May 09, 2017
Underlining Beijing's sensitivity about the arbitration award, the two diplomatic sources on Saturday said Chinese embassy officials had lobbied behind the scenes for that sentence to be dropped, and considered it a veiled reference to the ruling. (more...)
- May 09, 2017
Underlining Beijing's sensitivity about the arbitration award, the two diplomatic sources on Saturday said Chinese embassy officials had lobbied behind the scenes for that sentence to be dropped, and considered it a veiled reference to the ruling. (more...)
Spirit Airlines Pilots Canceled Flights, Leading To Absolute Mayhem
- May 09, 2017
A Spirit Airlines spokesperson said the Airline Pilots Association (ALPA) for "purposely and unlawfully disrupting the airline's operations". "These pilots have put their quest for a new contract ahead of getting customers to their destinations and the safety of their fellow Spirit Team Members", Berry said in a statement. (more...)
- May 09, 2017
A Spirit Airlines spokesperson said the Airline Pilots Association (ALPA) for "purposely and unlawfully disrupting the airline's operations". "These pilots have put their quest for a new contract ahead of getting customers to their destinations and the safety of their fellow Spirit Team Members", Berry said in a statement. (more...)
Late Easter spurs United Kingdom retail to biggest monthly increase since April 2006
- May 09, 2017
Paul Lockstone, managing director at Barclaycard, said: 'A late Easter and rising prices provided a superficial boost to spending in April, but behind the headline figure it's clear consumers are recognising and responding to the inflationary pressures being placed on household budgets'. (more...)
- May 09, 2017
Paul Lockstone, managing director at Barclaycard, said: 'A late Easter and rising prices provided a superficial boost to spending in April, but behind the headline figure it's clear consumers are recognising and responding to the inflationary pressures being placed on household budgets'. (more...)
Coach's bling fling, will spend $2.4B on Kate Spade
- May 09, 2017
Shares in Kate Spade surged in pre-market trade as Coach signed an agreement to acquire the company in a deal worth $2.4bn. It also noted Kate Spade's "truly unique and differentiated brand positioning" along with with its "strong awareness among consumers, especially millennials". (more...)
- May 09, 2017
Shares in Kate Spade surged in pre-market trade as Coach signed an agreement to acquire the company in a deal worth $2.4bn. It also noted Kate Spade's "truly unique and differentiated brand positioning" along with with its "strong awareness among consumers, especially millennials". (more...)
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