Markets
Rajya Sabha Polls Deferred Due To Clash With Presidential Election, EVM Challenge
- May 23, 2017
The polling and counting of votes was scheduled for 8 June. It added that a fresh schedule for the polls would be announced in due course. The EC did not announce any new date for holding these Rajya Sabha elections. While the term of Shantaram Naik (Cong, Goa) is coming to an end on July 28. The panel has also written to Chief Electoral Officers of five states where elections were concluded recently on the EVM hackathon planned next month. (more...)
- May 23, 2017
The polling and counting of votes was scheduled for 8 June. It added that a fresh schedule for the polls would be announced in due course. The EC did not announce any new date for holding these Rajya Sabha elections. While the term of Shantaram Naik (Cong, Goa) is coming to an end on July 28. The panel has also written to Chief Electoral Officers of five states where elections were concluded recently on the EVM hackathon planned next month. (more...)
US Treasury slaps sanctions on 8 Venezuela court justices
- May 23, 2017
The sanctions freeze any assets the country's most powerful judicial figures may have in United States jurisdictions and lock them out of much of global banking. "We will never be a threat against the peace and security in worldwide or the regional level", he insisted. The Washington-based Organization of American States is holding a rare foreign ministers council session on the troubled South American nation later this month. (more...)
- May 23, 2017
The sanctions freeze any assets the country's most powerful judicial figures may have in United States jurisdictions and lock them out of much of global banking. "We will never be a threat against the peace and security in worldwide or the regional level", he insisted. The Washington-based Organization of American States is holding a rare foreign ministers council session on the troubled South American nation later this month. (more...)
NRG Yield, Inc. Class C's (NYLD) Overweight Rating Reaffirmed at Barclays PLC
- May 23, 2017
Citigroup Inc upgraded NRG Energy from a "neutral" rating to a "buy" rating and set a $20.00 price objective on the stock in a research note on Friday, February 24th. Wilder, Jr. acquired 1,200,000 shares of the company's stock in a transaction on Thursday, March 16th. It indicates oversold and overbought price levels for a stock. (more...)
- May 23, 2017
Citigroup Inc upgraded NRG Energy from a "neutral" rating to a "buy" rating and set a $20.00 price objective on the stock in a research note on Friday, February 24th. Wilder, Jr. acquired 1,200,000 shares of the company's stock in a transaction on Thursday, March 16th. It indicates oversold and overbought price levels for a stock. (more...)
I'm not picking a fight with the banks: Australia Treasurer tells CNBC
- May 23, 2017
Prime Minister Malcolm Turnbull has also assured his colleagues the Budget will deliver fairness, opportunity and security for Australians. Australia's Treasurer has urged the nation's big banks to absorb a new 6.2-billion-Aussie-dollar (4.56-billion-U.S. (more...)
- May 23, 2017
Prime Minister Malcolm Turnbull has also assured his colleagues the Budget will deliver fairness, opportunity and security for Australians. Australia's Treasurer has urged the nation's big banks to absorb a new 6.2-billion-Aussie-dollar (4.56-billion-U.S. (more...)
EU official says decision on Greek bailout soon
- May 23, 2017
Time is running out for Greece as without the rescue loans it would struggle to meet a big repayment in July of 7 billion euros (£6 billion). "The work that has been done very important and very positive, we have made progress we have never touched before", added the French Commissioner. (more...)
- May 23, 2017
Time is running out for Greece as without the rescue loans it would struggle to meet a big repayment in July of 7 billion euros (£6 billion). "The work that has been done very important and very positive, we have made progress we have never touched before", added the French Commissioner. (more...)
Bitcoin surges past $2000 for the first time
- May 23, 2017
That's according to a number of bitcoin exchanges, including Coinbase and Kraken , which also report that the total market cap of the world's most popular cryptocurrency now stands at $32.92 billion. Earlier today, the cyptocurrency for the first time hit $2303.90 level, while the total market cap increased to $37 billion. Why have these other cryptocurrencies been performing so much better than bitcoin? The currency has grown so large that the network is having trouble quickly confirming ... (more...)
- May 23, 2017
That's according to a number of bitcoin exchanges, including Coinbase and Kraken , which also report that the total market cap of the world's most popular cryptocurrency now stands at $32.92 billion. Earlier today, the cyptocurrency for the first time hit $2303.90 level, while the total market cap increased to $37 billion. Why have these other cryptocurrencies been performing so much better than bitcoin? The currency has grown so large that the network is having trouble quickly confirming ... (more...)
Pacific ministers commit to move ahead with pact without US
- May 23, 2017
As for the role the United States plays in the new version of this agreement, Secretary of Commerce, Tourism and Investment of Australia Steven Ciobo, said TPP members will "leave the door open" should the country become interested again in the future. (more...)
- May 23, 2017
As for the role the United States plays in the new version of this agreement, Secretary of Commerce, Tourism and Investment of Australia Steven Ciobo, said TPP members will "leave the door open" should the country become interested again in the future. (more...)
Higher US crude output should pressure oil prices
- May 23, 2017
Oil prices have erased the gains achieved since November, when OPEC and other producers, including Russian Federation, agreed to cut output by about 1.8 million barrels per day (bpd). Kuwait's oil minister said today he believes that oil producers will extend their production cuts for another six months at their meeting later this month. (more...)
- May 23, 2017
Oil prices have erased the gains achieved since November, when OPEC and other producers, including Russian Federation, agreed to cut output by about 1.8 million barrels per day (bpd). Kuwait's oil minister said today he believes that oil producers will extend their production cuts for another six months at their meeting later this month. (more...)
Macron unveils first government and leaves French right fuming
- May 23, 2017
After naming conservative Edouard Philippe, a member of The Republicans party, as his Prime Minister earlier this week, Macron picked Gerard Collomb, veteran Socialist Mayor of Lyon, as Interior Minister and government number two. It's a sign of the new French president's determination to shore up European unity. In picking Macron, Tusk said the French people had chosen "liberty, equality and fraternity" and "said no to the tyranny of fake news". (more...)
- May 23, 2017
After naming conservative Edouard Philippe, a member of The Republicans party, as his Prime Minister earlier this week, Macron picked Gerard Collomb, veteran Socialist Mayor of Lyon, as Interior Minister and government number two. It's a sign of the new French president's determination to shore up European unity. In picking Macron, Tusk said the French people had chosen "liberty, equality and fraternity" and "said no to the tyranny of fake news". (more...)
White House adviser is person of interest in Russian Federation probe
- May 23, 2017
Sergey Kislyak, whom current and former USA intelligence officials say is a top Russian spy and recruiter of spies (a notion Russian officials have dismissed), also attended. The report says one official read quotations to The Times, and a second official confirmed the broad outlines of the discussion. The Times reported on Friday that during a meeting in the Oval Office on May 10, Trump told Russian diplomats that Comey was "a nut job". (more...)
- May 23, 2017
Sergey Kislyak, whom current and former USA intelligence officials say is a top Russian spy and recruiter of spies (a notion Russian officials have dismissed), also attended. The report says one official read quotations to The Times, and a second official confirmed the broad outlines of the discussion. The Times reported on Friday that during a meeting in the Oval Office on May 10, Trump told Russian diplomats that Comey was "a nut job". (more...)
At G7 ministerial, United States fails to reassure EU, Japan over 'Trumponomics'
- May 23, 2017
Padoan told reporters at the end of the meeting that " protectionism was not discussed either explicitly or impicitly", in answer to a question about the scepticism of US President Donald Trump towards multilateral free trade deals. He also said the administration had held "preliminary but productive discussions" with the Canadian and Mexican governments on Nafta. "I am quite confident that the development will continue, that the US administration will engage more strongly in this process". (more...)
- May 23, 2017
Padoan told reporters at the end of the meeting that " protectionism was not discussed either explicitly or impicitly", in answer to a question about the scepticism of US President Donald Trump towards multilateral free trade deals. He also said the administration had held "preliminary but productive discussions" with the Canadian and Mexican governments on Nafta. "I am quite confident that the development will continue, that the US administration will engage more strongly in this process". (more...)
DAVENPORT & Co LLC Has $651000 Position in Nike Inc (NKE)
- May 23, 2017
The stock has actually weakened in the past week, as the company has gathered a -3.84% return in the past 5 trading days. Finally, Mizuho Securities USA Inc. Doheny Asset Ca has 0.19% invested in Nike Inc (NYSE:NKE) for 7,587 shares. (NYSE:CRM) has "Buy" rating given on Thursday, June 2 by SunTrust. This represents a $0.72 dividend on an annualized basis and a yield of 1.36%. (more...)
- May 23, 2017
The stock has actually weakened in the past week, as the company has gathered a -3.84% return in the past 5 trading days. Finally, Mizuho Securities USA Inc. Doheny Asset Ca has 0.19% invested in Nike Inc (NYSE:NKE) for 7,587 shares. (NYSE:CRM) has "Buy" rating given on Thursday, June 2 by SunTrust. This represents a $0.72 dividend on an annualized basis and a yield of 1.36%. (more...)
Walmart's online business is booming
- May 23, 2017
To accelerate its e-commerce business, Wal-Mart has been acquiring small online retail startups. The FTSE 100 index of leading British shares was down 0.9 percent. "Online grocery also continues to perform well and we're on track to scale the offering to more stores this year in several countries, including the U.S". (more...)
- May 23, 2017
To accelerate its e-commerce business, Wal-Mart has been acquiring small online retail startups. The FTSE 100 index of leading British shares was down 0.9 percent. "Online grocery also continues to perform well and we're on track to scale the offering to more stores this year in several countries, including the U.S". (more...)
IMI plc (IMI) Stock Rating Reaffirmed by Goldman Sachs Group Inc
- May 23, 2017
It has a 23.21 P/E ratio. According to the latest broker reports outstanding on Wednesday 17th of May, 9 analysts have a rating of "strong buy", 1 analysts "buy", 4 analysts "neutral", 0 analysts "sell" and 0 analysts "strong sell". SOCO International plc (LON:SIA) has risen 6.00% since April 17, 2017 and is uptrending. It has by 0.00% the S&P500. Since January 1, 0001, it had 0 insider buys, and 2 insider sales for $164,356 activity. (more...)
- May 23, 2017
It has a 23.21 P/E ratio. According to the latest broker reports outstanding on Wednesday 17th of May, 9 analysts have a rating of "strong buy", 1 analysts "buy", 4 analysts "neutral", 0 analysts "sell" and 0 analysts "strong sell". SOCO International plc (LON:SIA) has risen 6.00% since April 17, 2017 and is uptrending. It has by 0.00% the S&P500. Since January 1, 0001, it had 0 insider buys, and 2 insider sales for $164,356 activity. (more...)
US sanctions 8 Venezuelan Supreme Court judges
- May 23, 2017
But sanctions so far have stopped short of hitting the oil sector in Venezuela, which is a major USA oil supplier. Speaking alongside Colombian President Juan Manuel Santos Thursday, Trump expressed dismay at Venezuela's crisis, asking how a country holding the nation's largest oil reserves could be stricken by so much poverty and turmoil. (more...)
- May 23, 2017
But sanctions so far have stopped short of hitting the oil sector in Venezuela, which is a major USA oil supplier. Speaking alongside Colombian President Juan Manuel Santos Thursday, Trump expressed dismay at Venezuela's crisis, asking how a country holding the nation's largest oil reserves could be stricken by so much poverty and turmoil. (more...)
Deutsche Bank AG Raises easyJet plc (EZJ) Price Target to GBX 1125
- May 23, 2017
Therefore 47% are positive. Marston's PLC has GBX 185 highest and GBX 130 lowest target. Barclays Capital reiterated their "Overweight" rating on JRP Group PLC (LON:JRP) in analysts report issued to investors and clients on Friday, 19 May. (more...)
- May 23, 2017
Therefore 47% are positive. Marston's PLC has GBX 185 highest and GBX 130 lowest target. Barclays Capital reiterated their "Overweight" rating on JRP Group PLC (LON:JRP) in analysts report issued to investors and clients on Friday, 19 May. (more...)
To replace CEO Mark Fields
- May 23, 2017
The upheaval at Ford underlines pressure on all three Detroit automakers to prove they can avoid losses as the US market begins to slow from last year's record sales. Ford said last week it would cut 1,400 staff positions in North America and Asia, a small fraction of the 20,000 job reductions some news outlets had reported were imminent. (more...)
- May 23, 2017
The upheaval at Ford underlines pressure on all three Detroit automakers to prove they can avoid losses as the US market begins to slow from last year's record sales. Ford said last week it would cut 1,400 staff positions in North America and Asia, a small fraction of the 20,000 job reductions some news outlets had reported were imminent. (more...)
Tesla: Free Supercharging Has a Cost
- May 23, 2017
According to Tesla's numbers , Supercharging beyond the recent 400kwh limit costs and average of almost $0.15 per kwh. I made a new post to clarify all the different current models of Supercharger access: Understanding Tesla's new Supercharger access for Model S and Model X. (more...)
- May 23, 2017
According to Tesla's numbers , Supercharging beyond the recent 400kwh limit costs and average of almost $0.15 per kwh. I made a new post to clarify all the different current models of Supercharger access: Understanding Tesla's new Supercharger access for Model S and Model X. (more...)
Macron says French troops to stay in Mali, wants more German support
- May 23, 2017
The French leader says he will discuss defense and security issues with Trump during a working lunch at a North Atlantic Treaty Organisation summit in Brussels on Thursday. Newly inaugurated French President Emmanuel Macron will receive his Russian counterpart, Vladimir Putin, for talks in Paris on May 29, the two countries announced on Monday. (more...)
- May 23, 2017
The French leader says he will discuss defense and security issues with Trump during a working lunch at a North Atlantic Treaty Organisation summit in Brussels on Thursday. Newly inaugurated French President Emmanuel Macron will receive his Russian counterpart, Vladimir Putin, for talks in Paris on May 29, the two countries announced on Monday. (more...)
Ford Motor Company To Slash Up To 10% Of Workforce
- May 23, 2017
The Wall Street Journal reported Monday that Ford prepares to cut 10 percent of its 200,000-person worldwide workforce, but the person informed on the strategy challenged that figure. Ford has been hiring steadily since the recession as US vehicle sales reached record highs. The Dearborn automaker has been under pressure both from its board of directors and from shareholders in recent days to show that its strategic plan is working as USA industry sales begin to decline for the first time ... (more...)
- May 23, 2017
The Wall Street Journal reported Monday that Ford prepares to cut 10 percent of its 200,000-person worldwide workforce, but the person informed on the strategy challenged that figure. Ford has been hiring steadily since the recession as US vehicle sales reached record highs. The Dearborn automaker has been under pressure both from its board of directors and from shareholders in recent days to show that its strategic plan is working as USA industry sales begin to decline for the first time ... (more...)
Latest news
Asia stocks, US$ extend slide as US-North Korea tensions intensify