Markets
Russian Federation and OPEC on the Same Page to Extend Output Cut Deal
- May 16, 2017
Brent crude, the worldwide benchmark for crude oil, gained around $1.53 to trade at $52.37 per barrel on the global market. US West Texas Intermediate (WTI) crude was at $48.85 per barrel, up $1.01, or 2.1 percent. Rising output stateside, said CMC Markets chief analyst Michael McCarthy, will reinforce investors' doubt on OPEC's ability to be the world's oil cartel. (more...)
- May 16, 2017
Brent crude, the worldwide benchmark for crude oil, gained around $1.53 to trade at $52.37 per barrel on the global market. US West Texas Intermediate (WTI) crude was at $48.85 per barrel, up $1.01, or 2.1 percent. Rising output stateside, said CMC Markets chief analyst Michael McCarthy, will reinforce investors' doubt on OPEC's ability to be the world's oil cartel. (more...)
Cannot be complacent about potential threat of North Korean missiles - UK minister
- May 16, 2017
In the wake of US Vice-President Mike Pence's visit to South Korea to declare the era of strategic patience was over, China's Global Times newspaper wrote in an editorial that China will cooperate with the US by imposing stricter economic sanctions on Pyongyang that will devastate the North Korean economy, but it won't support a military strike. (more...)
- May 16, 2017
In the wake of US Vice-President Mike Pence's visit to South Korea to declare the era of strategic patience was over, China's Global Times newspaper wrote in an editorial that China will cooperate with the US by imposing stricter economic sanctions on Pyongyang that will devastate the North Korean economy, but it won't support a military strike. (more...)
State Dept. surprised by Tillerson defending Trump
- May 16, 2017
The Republican senator wrote in a New York Times op-ed earlier this month that Tillerson's warning against "conditioning our foreign policy too heavily on values" told oppressed people the world over that the USA would not help them if doing so comes in conflict with moves to benefit United States interests. (more...)
- May 16, 2017
The Republican senator wrote in a New York Times op-ed earlier this month that Tillerson's warning against "conditioning our foreign policy too heavily on values" told oppressed people the world over that the USA would not help them if doing so comes in conflict with moves to benefit United States interests. (more...)
Bank of England ups inflation forecast and lowers growth
- May 16, 2017
Over the same time period, shorter-term United Kingdom interest rates fell, with the sterling yield curve used to condition the forecast close to its lowest level since the start of the year.CPI inflation has risen above the MPC's 2% target as the depreciation of sterling has begun to feed through to consumer prices. (more...)
- May 16, 2017
Over the same time period, shorter-term United Kingdom interest rates fell, with the sterling yield curve used to condition the forecast close to its lowest level since the start of the year.CPI inflation has risen above the MPC's 2% target as the depreciation of sterling has begun to feed through to consumer prices. (more...)
OPEC Crude Oil Production Unchanged in April: Platts
- May 16, 2017
Brent crude, the standard for worldwide oils, fell $2.75 to $47.05 a barrel in London. The precise trigger for the two-day sell off, which has loped more than 7% from global crude prices, is hard to pinpoint, but the downward slope has been evident since last month's OPEC report in which the cartel raised its supply forecast for non-members, thanks in part to a huge upswing in shale oil production. (more...)
- May 16, 2017
Brent crude, the standard for worldwide oils, fell $2.75 to $47.05 a barrel in London. The precise trigger for the two-day sell off, which has loped more than 7% from global crude prices, is hard to pinpoint, but the downward slope has been evident since last month's OPEC report in which the cartel raised its supply forecast for non-members, thanks in part to a huge upswing in shale oil production. (more...)
Tesla Inc (TSLA) Down by 3% After Morgan Stanley Downgrade
- May 16, 2017
Vetr lowered Tesla from a "hold" rating to a " sell " rating and set a $244.11 price target on the stock.in a report on Tuesday, January 31st. Cowen and Company reissued an "underperform" rating and issued a $155.00 target price on shares of Tesla in a research report on Monday, May 1st. (more...)
- May 16, 2017
Vetr lowered Tesla from a "hold" rating to a " sell " rating and set a $244.11 price target on the stock.in a report on Tuesday, January 31st. Cowen and Company reissued an "underperform" rating and issued a $155.00 target price on shares of Tesla in a research report on Monday, May 1st. (more...)
CBO to release report on GOP health care plan later this month
- May 16, 2017
As a general rule, younger people would save money under the plan, while older people would pay more. "Today Republicans' core values were on full display, demonstrating the disgusting belief that only the rich are worthy of access to healthcare". (more...)
- May 16, 2017
As a general rule, younger people would save money under the plan, while older people would pay more. "Today Republicans' core values were on full display, demonstrating the disgusting belief that only the rich are worthy of access to healthcare". (more...)
Liberty Global Plc (NASDAQ:LBTYA) Broker Price Targets For The Coming Week
- May 16, 2017
Macquarie reiterated a "buy" rating and issued a $29.00 target price on shares of Liberty Global plc - Class A in a report on Monday, May 8th. Goldman Sachs "Assumes" Liberty Global Ord A (NASDAQ:LBTYA) in a research note issued to investors on 9/16/16 to Buy with price target of $41. (more...)
- May 16, 2017
Macquarie reiterated a "buy" rating and issued a $29.00 target price on shares of Liberty Global plc - Class A in a report on Monday, May 8th. Goldman Sachs "Assumes" Liberty Global Ord A (NASDAQ:LBTYA) in a research note issued to investors on 9/16/16 to Buy with price target of $41. (more...)
Microsoft Windows 10 S wants you to stick to its default browser
- May 16, 2017
The apps delivered from the Store will use new Store-based install and update technology and the apps will only be available in 32-bit format whereas Office COM add-ins aren't supported on Windows 10 S. Microsoft is also offering a free subscription to Minecraft's Education Edition and Windows 10 S will also be available for free to existing schools with Windows Pro PCs. (more...)
- May 16, 2017
The apps delivered from the Store will use new Store-based install and update technology and the apps will only be available in 32-bit format whereas Office COM add-ins aren't supported on Windows 10 S. Microsoft is also offering a free subscription to Minecraft's Education Edition and Windows 10 S will also be available for free to existing schools with Windows Pro PCs. (more...)
Here's how it differs from regular Windows 10
- May 16, 2017
Microsoft has premiered a new laptop - the Surface Laptop, to be precise. Microsoft took the wraps off its new Windows 10 S operating system today at an education event in NY. It also is created to work with the Surface Dial and Surface Pen accessories from Microsoft's Surface desktop and tablets. What separates Windows 10 S from Windows 10 OS is the fact that it offers support only for Universal Windows Platform apps from the Windows Store. (more...)
- May 16, 2017
Microsoft has premiered a new laptop - the Surface Laptop, to be precise. Microsoft took the wraps off its new Windows 10 S operating system today at an education event in NY. It also is created to work with the Surface Dial and Surface Pen accessories from Microsoft's Surface desktop and tablets. What separates Windows 10 S from Windows 10 OS is the fact that it offers support only for Universal Windows Platform apps from the Windows Store. (more...)
Snap shares plummet as user growth slows, revenue misses
- May 16, 2017
In fact, the Snapchat maker's share price quickly fell by more than 20% during after-hours trading, as of 6:00 p.m. Nearly $2 billion of Snap's $2.2 billion loss in the January-March period involved stock compensation costs related to the company's initial offering. (more...)
- May 16, 2017
In fact, the Snapchat maker's share price quickly fell by more than 20% during after-hours trading, as of 6:00 p.m. Nearly $2 billion of Snap's $2.2 billion loss in the January-March period involved stock compensation costs related to the company's initial offering. (more...)
Harvard Prof Says Trump Violates Constitution 'Constantly,' Calls For Impeachment Probe
- May 15, 2017
There are also calls for the president's impeachment . " You've got top law professors like Laurence Tribe saying this is an impeachable offense, possible obstruction of justice ". Or much more likely Comey's account is true [.] in which case again Trump is guilty again of attempting to suborn obstruction of justice. It will require serious commitment to constitutional principle, and courageous willingness to put devotion to the national interest above self- interest and party loyalty, for ... (more...)
- May 15, 2017
There are also calls for the president's impeachment . " You've got top law professors like Laurence Tribe saying this is an impeachable offense, possible obstruction of justice ". Or much more likely Comey's account is true [.] in which case again Trump is guilty again of attempting to suborn obstruction of justice. It will require serious commitment to constitutional principle, and courageous willingness to put devotion to the national interest above self- interest and party loyalty, for ... (more...)
World braces for more cyberattacks as work week begins
- May 15, 2017
The major cyber attack had targeted several nations, bringing operations at hospitals, telecommunications firms and other companies to a halt. It then goes on to assure us that the company will assess the attack and strengthen its capabilities as a result, but also urges businesses and members of the public to ensure their systems are kept up to date with the latest patch. (more...)
- May 15, 2017
The major cyber attack had targeted several nations, bringing operations at hospitals, telecommunications firms and other companies to a halt. It then goes on to assure us that the company will assess the attack and strengthen its capabilities as a result, but also urges businesses and members of the public to ensure their systems are kept up to date with the latest patch. (more...)
Delta kiosk checks your face before you check your bag
- May 15, 2017
Passengers will scan their passports, and then facial recognition will scan their faces to verify their identity. The facial recognition portion of the bag check stations is the first of its kind in the U.S., Delta said in a press release . (more...)
- May 15, 2017
Passengers will scan their passports, and then facial recognition will scan their faces to verify their identity. The facial recognition portion of the bag check stations is the first of its kind in the U.S., Delta said in a press release . (more...)
Bank of England holds rate; trims growth forecast
- May 15, 2017
The Bank of England sent a mixed message on the future pace of interest rate rises on Thursday ahead of next month's general election, with a modest downgrade of its 2017 growth forecast and a majority vote to keep rates this month on hold at 0.25 per cent. (more...)
- May 15, 2017
The Bank of England sent a mixed message on the future pace of interest rate rises on Thursday ahead of next month's general election, with a modest downgrade of its 2017 growth forecast and a majority vote to keep rates this month on hold at 0.25 per cent. (more...)
Oil prices back in the $40s, sink to 5-month low
- May 15, 2017
Analysts said investors were anxious that oil nations would fail to ease supply fears at a meeting later in May. "The extension of the current agreement is likely to be discussed at the meeting". Dean Rogers, senior technical analyst at Kase & Co, said charts showed the next potential stalling points were US$44.20 for WTI and US$47.20 for Brent . (more...)
- May 15, 2017
Analysts said investors were anxious that oil nations would fail to ease supply fears at a meeting later in May. "The extension of the current agreement is likely to be discussed at the meeting". Dean Rogers, senior technical analyst at Kase & Co, said charts showed the next potential stalling points were US$44.20 for WTI and US$47.20 for Brent . (more...)
BC Liberals win minority government
- May 15, 2017
Judith Guichon has asked Clark to continue governing after the election. Polls opened at 8 a.m. and Green Leader Andrew Weaver was among the first in line at a middle school in his Victoria-area constituency of Oak Bay-Gordon Head, surrounded by excited students. (more...)
- May 15, 2017
Judith Guichon has asked Clark to continue governing after the election. Polls opened at 8 a.m. and Green Leader Andrew Weaver was among the first in line at a middle school in his Victoria-area constituency of Oak Bay-Gordon Head, surrounded by excited students. (more...)
Family Wants Apology From Delta After Being Kicked Off Flight
- May 15, 2017
Delta announced that it was sorry for an unfortunate experience and would be compensating the family. "That did not happen in this case and we apologize ", they also said. Shear responds by saying that he will hold the child in his lap during take-off, and then put his child back in the seat, however, the staffer tells him that is not possible and that vehicle seats are not allowed. (more...)
- May 15, 2017
Delta announced that it was sorry for an unfortunate experience and would be compensating the family. "That did not happen in this case and we apologize ", they also said. Shear responds by saying that he will hold the child in his lap during take-off, and then put his child back in the seat, however, the staffer tells him that is not possible and that vehicle seats are not allowed. (more...)
BTIG Research Reaffirms Buy Rating for Synergy Pharmaceuticals Inc (SGYP)
- May 15, 2017
Synergy Pharmaceuticals, Inc.is headquartered in New York, New York. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. Synergy Pharmaceuticals Inc is a biopharmaceutical company focused on the development and commercialization of gastrointestinal (GI) therapies. The company had revenue of $0.10 million for the quarter, compared to analysts' expectations of $0.10 million. (more...)
- May 15, 2017
Synergy Pharmaceuticals, Inc.is headquartered in New York, New York. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. Synergy Pharmaceuticals Inc is a biopharmaceutical company focused on the development and commercialization of gastrointestinal (GI) therapies. The company had revenue of $0.10 million for the quarter, compared to analysts' expectations of $0.10 million. (more...)
Gordon Haskett Begins Coverage on J C Penney Company Inc (JCP)
- May 15, 2017
Consensus earnings estimates are far from flawless, but they are watched by many investors and play an important role in measuring the appropriate valuation for a stock. We adjust our target price to $5 from $6 and maintain underperform rating. Snap Inc. (NYSE:SNAP), at its latest closing price of $19.14, it has a price-to-book ratio of 6.04, compared to an industry average at 5.13. (more...)
- May 15, 2017
Consensus earnings estimates are far from flawless, but they are watched by many investors and play an important role in measuring the appropriate valuation for a stock. We adjust our target price to $5 from $6 and maintain underperform rating. Snap Inc. (NYSE:SNAP), at its latest closing price of $19.14, it has a price-to-book ratio of 6.04, compared to an industry average at 5.13. (more...)
Latest news
'Pharma bro' Martin Shkreli's trial starts today in Brooklyn, NY