Markets


Trump administration hails US-China trade deal
- May 26, 2017

Foreign-owned firms will also be able to provide credit rating services in China , under the agreement , which are the first results of 100 days of trade talks that began last month. Shares of U.S. Steel, which have taken a dramatic fall after soaring the wake of Trump's election, dropped 1.9 percent on Friday, while shares of Nucor were off 0.3 percent. (more...)
FY2017 Earnings Estimate for Toronto-Dominion Bank Issued By Cormark (TD) FY2017 Earnings Estimate for Toronto-Dominion Bank Issued By Cormark (TD)
- May 26, 2017

Davis R M Inc. now owns 15,372 shares of the bank's stock worth $770,000 after buying an additional 88 shares in the last quarter. Receive Toronto Dominion Bank (The) News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Toronto Dominion Bank (The) with MarketBeat.com's FREE daily email newsletter . (more...)
US Extends Obama-era Nuclear Sanctions Relief for Iran US Extends Obama-era Nuclear Sanctions Relief for Iran
- May 26, 2017

Under the nuclear deal, Washington can continue sanctioning Iran for other, non-nuclear actions, although Tehran has threatened to pull out of the deal if the USA and other countries do so. Last month in a letter to House Speaker Paul Ryan, Secretary of State Rex Tillerson said Iran had complied with its commitments through 18 April, but noted that the country continued to be a "leading state sponsor of terrorism". (more...)
Libya says working closely with Britain over concert attack
- May 26, 2017

Manchester terrorist Salman Abedi called his mother before the attack and asked her to "forgive me", Libyan anti-terror police have said . The New York Times later published detailed photographs of the suspected remnants of the bomb. (more...)
China downgrade fear ripples through emerging markets
- May 26, 2017

A ministry statement said the downgrade was based on a pro-cyclical approach which was "not appropriate". Raising concerns over the growing debt of China , Moody's Investors Services today downgraded Beijing's credit rating from Aa3 to A1. (more...)
German police : Manchester bomber passed through airport
- May 26, 2017

Greater Manchester Mayor Andy Burnham said that only intelligence sharing relating to the Manchester probe had been suspended, adding that "we quite frankly can't afford to risk it any more". "This damage is even greater when it involves unauthorized disclosure of potential evidence in the middle of a major counter terrorism investigation". (more...)
Signet Jewelers Limited Earnings Ahead: Quick Glance
- May 26, 2017

More interesting news about Signet Jewelers Ltd . (NYSE: SIG ) were released by: Gurufocus.com and their article: "Select Equity Group, L.P. Buys Gartner Inc, Signet Jewelers , Vantiv Inc, Sells ..." published on May 23, 2017 as well as Seekingalpha.com's news article titled: "Here's Why Signet Jewelers Looks Attractive" with publication date: May 18, 2017. (more...)
Pope Francis Met With Donald Trump Pope Francis Met With Donald Trump
- May 26, 2017

Pope Francis was gifted a boxed set of five first edition books by Martin Luther King . As the Trump's disembarked Air Force One in Italy Melania wasn't interested in the US President's touch. Mrs. Trump is Catholic. In return, Pope Francis gave Trump three of his writings, which he typically gives to heads of state, including " Amoris Laetitia ", " Evangelii Gaudium ", and " Laudato Si' " - his 2015 encyclical calling for climate change action. (more...)
Macron unshaken by Trump power grip
- May 26, 2017

U.S. President Donald Trump and newly elected French President Emmanuel Macron met for the first time as they convened at a North Atlantic Treaty Organisation summit in Belgium, and, as is tradition in the Western world, shook hands at the conclusion of remarks in front of reporters. (more...)
LeBron James Leads Cavs to Another NBA Finals Appearance
- May 26, 2017

You just have a choice to make, and it has to be a fearless approach. LeBron James passed Michael Jordan on Thursday night as the NBA's all-time playoff scoring leader, accomplishing the feat in a win over the Celtics . Even in the game Boston won, the Celtics had to rally from a 21-point deficit to steal Game 3 on an Avery Bradley last-second 3-pointer. Bradley talked about the defeat in the postgame interview and stated, " This leaves a certain taste in our mouths, to get ... (more...)
Yamana Gold, Inc. (AUY) Yamana Gold, Inc. (AUY)
- May 26, 2017

Many analysts have provided their estimated foresights on Yamana Gold, Inc . Fred's, Inc. has 1 buy ratings, 3 holds and 0 sells even after the stock tumbled -35.88% from its high of $21.77 to a $526.43 million market value through last close. (more...)
Trump Team Stands by Budget's $2 Trillion Math Error
- May 26, 2017

That sentiment was echoed by anti-hunger and poverty groups throughout the region. Agriculture Secretary Sonny Perdue is defending the Trump administration's proposal to cut $191 billion from food stamps over the next 10 years. The Coalfield Development Corporation allows trainees to earn money while learning carpentry and other skills. Recently, the ARC has shifted focus to programs created to help diversify the region's economy in the wake of the collapsing coal industry. (more...)
GOP candidate charged with assaulting reporter
- May 26, 2017

Gianforte and Quist, a cowboy-hat-wearing musician, are competing for the state's sole House seat, left vacant when Trump appointed GOP Rep. Ryan Zinke to serve as Interior secretary. The incident happened the day before the vote, and Gianforte hastily pulled out of previously scheduled interviews on Thursday. We didn't watch any TV except at the beginning and end of our trip, when we stayed in a Billings motel, but we did see several Gianforte ads during our brief time there, ... (more...)
Stocks rise on retail boost; Sears sales slide again — Business briefs Stocks rise on retail boost; Sears sales slide again — Business briefs
- May 26, 2017

The target implies a -21.14% decrease from where the shares are now trading. Abbott Laboratories (NYSE:ABT) has risen 15.90% since May 25, 2016 and is uptrending. Twin Tree Mngmt Ltd Partnership invested in 0% or 4,000 shares. Eaton Vance Mgmt holds 12,107 shares. Sears Holdings Corp (NASDAQ:SHLD) traded down 3.98% on Wednesday, reaching $7.47. (more...)
China's reforms not enough to arrest rising debt, another downgrade possible: Moody's
- May 26, 2017

The rating was dropped by a notch from Aa3 to A1, which is still comfortably in the investment grade, Moody's said. Moody's said China's financial strength was likely to erode as growth slows and debt rises further. Government-led stimulus has been a major driver of China's economic growth over recent years, but has also been accompanied by runaway credit growth that has created a mountain of debt - now at almost 300 per cent of gross domestic product (GDP). (more...)
Mortgage rates dip below 4 percent, refinancing surges Mortgage rates dip below 4 percent, refinancing surges
- May 26, 2017

In the ARM arena, 5 year interest rates at Chase are being quoted at 3.250% showing an April of 3.605%. "As we predicted, the 30-year mortgage rate fell 7 basis points this week in a delayed reaction to last week's sharp drop in Treasury yields", Freddie Mac chief economist Sean Becketti said. (more...)
Manchester attack: Images of bomb released as police tighten net Manchester attack: Images of bomb released as police tighten net
- May 26, 2017

The Facebook statement says Hashim left Britain for Libya in April. Ramadan Abedi said the last time he spoke to Salman was five days ago as he was getting ready for a trip to Saudi Arabia to perform Umrah, a smaller pilgrimage to the holy city of Mecca. (more...)
Medicaid a target for cuts despite assurance
- May 26, 2017

Currently, tax reform makes up a significant part of Trump's agenda for 2017. Mnuchin is pushing tax cuts as necessary to enhance economic growth as he appears before a House panel reviewing the president's budget . Trump and his administration said the cuts being made to various programs will promote faster economic growth. The budget would also cut substance abuse treatment grants for states by $73 million and public awareness programs by $74 million, he said. (more...)
Germany's Schaeuble hopes for a deal on Greece on Monday Germany's Schaeuble hopes for a deal on Greece on Monday
- May 26, 2017

The vote in parliament, which was met by angry protests, satisfied the conditions of Greece's bailout and opened the way for debt relief as well as fresh loans so that Athens can repay loans of 7.0 billion euros ($7.8 billion) in July. "For us to go ahead, (the reform package) needs to be supplemented with a credible package on debt relief", Thomsen said. But time is running out for Greece as without the rescue loans it would struggle to meet a big repayment hump in July of some 7 billion ... (more...)
Increases Dividend By 11% Increases Dividend By 11%
- May 26, 2017

Jefferies Group LLC reaffirmed a "positive" rating and issued a $102.00 price target on shares of Tiffany & Co.in a report on Wednesday, March 15th. The company's stock is now holding an average analyst rating of Strong Buy, according to the ratings of 9 Wall Street analysts. (more...)

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