Markets


Fiat Chrysler recalls 1M pickups for faulty software
- May 13, 2017

The company said it is aware of one fatality and two injuries linked to the safety system failures. The problem involves a module equipped with sensors which can, after a significant impact on the bottom of the body, temporarily deactivate the side airbags and the device which tighten the seat belts, which then become inoperative if the vehicle turns over. (more...)
Attacker is overrated: Three things we learned from Celtic win against Aberdeen Attacker is overrated: Three things we learned from Celtic win against Aberdeen
- May 13, 2017

Aberdeen have been linked with a move for Scotland global Shaun Maloney, a high-profile player who would match McInnes' ambition, but the manager was reluctant to discuss individual targets. "If you look at the way we are playing this season, players who aren't playing are working hard and come into the team when maybe they haven't been playing so much, and it has been an easy transition". (more...)
US, China reach deal on natural gas, beef
- May 13, 2017

The White House announced it reached trade deals with China Thursday that will increase access for USA financial firms as well as expand beef and chicken trade. Regaining access to China, the world's most populous country with about 1.4 billion people, has been a key goal of American cattle farmers. "Both sides have a deep and close understanding that the U.S". (more...)
Dominion Midstream Partners, LP (NYSE:DM) Under Analyst Spotlight Dominion Midstream Partners, LP (NYSE:DM) Under Analyst Spotlight
- May 13, 2017

Shares of EnLink Midstream Partners ( NYSE:ENLK ) traded down 0.64% during mid-day trading on Tuesday, reaching $17.02. Among 12 analysts covering Dril Quip ( NYSE:DRQ ), 1 have Buy rating , 0 Sell and 11 Hold. Therefore 30% are positive. 02/11/2015 - Dominion Midstream Partners, LP had its "buy" rating reiterated by analysts at UBS. They now have a Dollars 30 price target on the stock. (more...)
Trump lawyers detail his 'immaterial' earnings from Russian sources
- May 13, 2017

I had the Miss Universe pageant, which I owned for quite a while. In 2008, Trump's son Donald Trump Jr. claimed at a real estate conference that "Russians make up a pretty disproportionate cross-section of a lot of our assets", when talking about who was buying property, such as condominiums. (more...)
New Chinese missile can attack aircraft carriers, THAAD
- May 13, 2017

Chinese President Xi Jinping is overseeing a sweeping modernisation of the country's armed forces, with an emphasis on technological innovation and naval capability as it seeks to project greater power in the disputed South China Sea. Both the timing and the location of the test could be significant, although the test may also have been scheduled well in advance. Foreign ministry spokesman Geng Shuang said Wednesday that China had no intention of softening its opposition. (more...)
Snapchat shares plummet as company posts $2.2 billion loss
- May 13, 2017

The company's daily active users (DAUs), increased 36.1% to 166 million in the first quarter from the same period a year ago, but was lower than the increase of 47.7% in the fourth quarter. The company had revenue of $149.60 million for the quarter, compared to analysts' expectations of $158.32 million. The maker of the wildly popular photo sharing and instant messaging app Snapchat underperformed on almost every key metric in the recently ended quarter. (more...)
Trump's plan to cut corporate tax would be profit tailwind
- May 13, 2017

Mr. Buffett did lavish much praise on top insurance executive Ajit Jain, who some investors believe could be that successor, saying "nobody could possibly replace Ajit". From investment - passive investing was praised, to tax and the Trump healthcare package which was criticised, to the company's holdings in Wells Fargo, IBM and political donations - the hours of comment and questions covered an very bad lot. (more...)
Pound falls as Super Thursday announcement cuts United Kingdom growth forecast Pound falls as Super Thursday announcement cuts United Kingdom growth forecast
- May 13, 2017

The pound fell 0.63% against the dollar and was 0.46% down on the euro. Although the BoE said it might need to raise rates before the late 2019 date market pricing indicated, that was nine months later than its February forecasts showed. "But the overall tone of the statement was fairly upbeat, and the MPC kept its reference to having limited tolerance to above-target inflation". "We would have had to do an alternative forecast with some variant of a disorderly negotiating process, and we ... (more...)
Overblown claim on new China trade deal Overblown claim on new China trade deal
- May 13, 2017

China and the US have announced a new trade deal that, among other things, allows the Chinese to import American beef. The deal the USA and China just struck on agricultural trade, financial services, investment and energy is evidence of President Trump's increasing willingness to negotiate with Beijing. (more...)
Deutsche reiterated Compass Group (LON:CPG) as 'Hold'
- May 13, 2017

About 237,236 shares traded. (NYSE:T) has declined 1.84% since October 5, 2016 and is downtrending. It has underperformed by 16.88% the S&P500. About shares traded. Therefore 57% are positive. Shore Capital reaffirmed a buy rating on shares of NCC Group PLC in a research report on Wednesday, January 11th. RBC Capital Markets maintained Advance Auto Parts, Inc. (more...)
New Hamas chief makes first public appearance
- May 13, 2017

The 42-point document reaffirms the group's belief that "no part of the lines and no part of Palestine shall be compromised or conceded". Hamas has ruled Gaza since 2007, after securing an overwhelming victory in legislative elections the previous year and ending 40 years of political domination by its rival Fatah party. (more...)
A.P. Moller-Maersk Q1 Profit Rises; Confirms FY17 Profit View A.P. Moller-Maersk Q1 Profit Rises; Confirms FY17 Profit View
- May 13, 2017

Maersk shares traded 4.26% higher at DKK12,220 ($1,765) on Thursday morning, taking their one-year gain to about 35%. Danish shipping and oil group A.P. The company is trying to reshape itself into a global supply chain player like United Parcel Service Inc. and FedEx Corp.by integrating its transport and logistics units and spinning off its oil business by the end of next year. (more...)
Notable Stock Analysts Ratings Sangamo Biosciences Inc. (SGMO) Notable Stock Analysts Ratings Sangamo Biosciences Inc. (SGMO)
- May 13, 2017

The Universal Gene Recognition technology platform enables the engineering of a class of transcription factors known as zinc finger DNA binding proteins. If you are viewing this story on another site, it was illegally stolen and reposted in violation of USA and worldwide copyright & trademark laws. The original version of this story can be viewed at [[permalink]]. (more...)
Anthem gives up Cigna bid, vows to fight on over damages Anthem gives up Cigna bid, vows to fight on over damages
- May 13, 2017

And if Cigna can successfully terminate the deal, the firms are in for an even longer legal haul over a $1.85 billion breakup fee that Cigna could collect (in addition to the breach of contract drama). The deal, announced in 2015, had already been rejected by a federal judge and an appeals court after antitrust regulators sued last summer to stop it. (more...)
Wells Fargo & Co (WFC) Insider Sells 100000 Shares of Stock Wells Fargo & Co (WFC) Insider Sells 100000 Shares of Stock
- May 13, 2017

The cuts come after repeated questions from analysts and investors about why Wells Fargo was not doing more to reduce costs, which have been high by some measures when compared to USA banking rivals. The ex-dividend date of this dividend is Wednesday, May 3rd. In 2015, 75 percent of new Wells Fargo credit card accounts were opened through a branch and 12 percent were opened through the bank's website. (more...)
Microsoft adds a Surface Laptop to growing stable of devices
- May 13, 2017

While many, us included, scoffed at the price-tag, it's a whole lot worse for punters in the UK. The 13.5-inch laptop features seventh-gen Intel processors, Core i5 or i7, and promises up to 14.5 hours of battery life. Because of this restriction, users of the new OS won't be able to install things like Google's Chrome browser, meaning that you'll pretty much be stuck with Edge unless you want to pay the $49 fee to upgrade to Windows 10 Pro. (more...)
Softbank's full-year profit tops expectations, announces 5G tie-up Softbank's full-year profit tops expectations, announces 5G tie-up
- May 13, 2017

SoftBank is eager to improve the profitability of its US mobile business through the envisaged integration, possibly under a stock-swap agreement, the sources said. Sprint's jump into 5G technologies follows just over a week after T-Mobile's announcement to roll out 5G services of its own starting in late 2019 and into 2020. (more...)
ACADIA Pharmaceuticals Inc. (ACAD) Rating Reiterated by HC Wainwright
- May 13, 2017

The average analysts gave this company a mean recommendation of 2.10. Putnam Investments LLC increased its stake in shares of ACADIA Pharmaceuticals by 1.7% in the fourth quarter. If you are viewing this article on another website, it was illegally stolen and republished in violation of United States and global copyright & trademark law. (more...)
Policemen injured during violent protests in Saharanpur; media, police vehicles torched Policemen injured during violent protests in Saharanpur; media, police vehicles torched
- May 13, 2017

The officials said the Bheem Army Bharat Ekta Mission, founded by 30-year old lawyer Chandrasekhar, circulated messages on WhatsApp and other social media platforms, appealing to members of the Dalit community to attend a "mahapanchayat" on 9 May in Gandhi Park to demand compensation and relief for those affected in last week s inter-caste clashes. (more...)