Markets
Industrial gas makers Linde, Praxair confirm merger talks
- August 17, 2016
Combined, the two companies would vault market leader Air Liquide, with The Wall Street Journal citing multiple unnamed sources including one person who cautioned talks "are fragile and could fall apart". (FILES) This file photo taken on March 17, 2014 shows the logo of German industrial gas maker Linde in Munich, southern Germany. In December 2015, Linde agreed to buy respiratory health-care specialist American HomePatient Inc.in order to expand a medical-gas business in the USA, and in ... (more...)
- August 17, 2016
Combined, the two companies would vault market leader Air Liquide, with The Wall Street Journal citing multiple unnamed sources including one person who cautioned talks "are fragile and could fall apart". (FILES) This file photo taken on March 17, 2014 shows the logo of German industrial gas maker Linde in Munich, southern Germany. In December 2015, Linde agreed to buy respiratory health-care specialist American HomePatient Inc.in order to expand a medical-gas business in the USA, and in ... (more...)
PSU banks overpay at bottom, I feel 'underpaid': Raghuram Rajan
- August 17, 2016
Undaunted by vituperative attacks from a member of the ruling party, the governor did not mince words while calling for more operational flexibility for public sector banks, which account for a third of banking in the country. The BBB, headed by Vinod Rai, has taken over part of the appointments process in public sector banks. Speaking at a Ficci-IBA banking seminar, Rajan said that there was a need to shift the loan sanctioning process from the present committee-based approach to a single ... (more...)
- August 17, 2016
Undaunted by vituperative attacks from a member of the ruling party, the governor did not mince words while calling for more operational flexibility for public sector banks, which account for a third of banking in the country. The BBB, headed by Vinod Rai, has taken over part of the appointments process in public sector banks. Speaking at a Ficci-IBA banking seminar, Rajan said that there was a need to shift the loan sanctioning process from the present committee-based approach to a single ... (more...)
Bank of England cuts rates, boosts easing to offset Brexit
- August 17, 2016
London's FTSE 100 index, which had been wobbling beforehand, surged and closed 1.6 per cent higher. In a multipronged approach meant to grease the gears of the economy by making borrowing easier and cheaper, the Bank of England cut its key rate to 0.25 percent from a previous record low of 0.5 percent. (more...)
- August 17, 2016
London's FTSE 100 index, which had been wobbling beforehand, surged and closed 1.6 per cent higher. In a multipronged approach meant to grease the gears of the economy by making borrowing easier and cheaper, the Bank of England cut its key rate to 0.25 percent from a previous record low of 0.5 percent. (more...)
History of Marathon Oil Corporation (NYSE:MRO) stock price after earnings
- August 17, 2016
The ratio dived, as 104 funds sold all Marathon Petroleum Corp shares owned while 272 reduced positions. The Company Touched its 52-Week High on Oct 9, 2015 and 52-Week Low on Feb 25, 2016. (NYSE:WLL) last posted its earnings results on Wednesday, July 27th. The consensus rating is 3.2, suggesting the market has given up on the stock. Revenue came in at 1.3B versus consensus estimate of 1.12B. (more...)
- August 17, 2016
The ratio dived, as 104 funds sold all Marathon Petroleum Corp shares owned while 272 reduced positions. The Company Touched its 52-Week High on Oct 9, 2015 and 52-Week Low on Feb 25, 2016. (NYSE:WLL) last posted its earnings results on Wednesday, July 27th. The consensus rating is 3.2, suggesting the market has given up on the stock. Revenue came in at 1.3B versus consensus estimate of 1.12B. (more...)
Ryan Lochte among four US swimmers robbed at gunpoint in Rio
- August 17, 2016
Lochte had been done with his own events since Thursday, while all Olympic swimming events wrapped up on Saturday evening, which afforded the US swimming team some downtime to celebrate post-competition. Brazil's Minister of Sports, Leonardo Picciani, has stated that the security involving the Games has been conducted in the "most efficient way possible". (more...)
- August 17, 2016
Lochte had been done with his own events since Thursday, while all Olympic swimming events wrapped up on Saturday evening, which afforded the US swimming team some downtime to celebrate post-competition. Brazil's Minister of Sports, Leonardo Picciani, has stated that the security involving the Games has been conducted in the "most efficient way possible". (more...)
Gaining confidence, Fed officials eye U.S. interest rate hike this year
- August 17, 2016
Oil prices reached their highest in more than five weeks as the market rode optimism over potential producer action to curb output. Japan's data release for the second quarter will take center stage. Gold gained $9.40 to $1,456.90 an ounce. USA crude gained 13 cents, up 0.68%, to $46.05 a barrel in early morning. Palladium was up 1.4 per cent at $703.50. (more...)
- August 17, 2016
Oil prices reached their highest in more than five weeks as the market rode optimism over potential producer action to curb output. Japan's data release for the second quarter will take center stage. Gold gained $9.40 to $1,456.90 an ounce. USA crude gained 13 cents, up 0.68%, to $46.05 a barrel in early morning. Palladium was up 1.4 per cent at $703.50. (more...)
Alexandria Real Estate Equities (ARE) Shares are Up 0.93%
- August 17, 2016
Monmouth Real Estate Investment Corp . has a 12-month low of $9.02 and a 12-month high of $14.00. Alexandria Real Estate Equities, Inc.is up 15.93% in the last 3-month period. from a "buy" rating to a "hold" rating in a research note on Thursday, August 11th. Finally, Canaccord Genuity restated a "hold" rating and issued a $53.00 price objective (down previously from $54.00) on shares of Boardwalk Real Estate Investment Trust in a report on Saturday, May 14th. (more...)
- August 17, 2016
Monmouth Real Estate Investment Corp . has a 12-month low of $9.02 and a 12-month high of $14.00. Alexandria Real Estate Equities, Inc.is up 15.93% in the last 3-month period. from a "buy" rating to a "hold" rating in a research note on Thursday, August 11th. Finally, Canaccord Genuity restated a "hold" rating and issued a $53.00 price objective (down previously from $54.00) on shares of Boardwalk Real Estate Investment Trust in a report on Saturday, May 14th. (more...)
Analyst Revises KeyCorp (NYSE:KEY) Stock Target
- August 17, 2016
The stock tapped a 52-week high of US$58.55 while the 12-month Consensus Price Target is US$64.18. The share price of the company (NYSE:KEY) was up +1.75%, with a high of 12.22 during the day and the volume of KeyCorp shares traded was 15115257. (more...)
- August 17, 2016
The stock tapped a 52-week high of US$58.55 while the 12-month Consensus Price Target is US$64.18. The share price of the company (NYSE:KEY) was up +1.75%, with a high of 12.22 during the day and the volume of KeyCorp shares traded was 15115257. (more...)
United States dollar rebound extends on strong factory data
- August 17, 2016
The dollar pared losses immediately following the CPI data, however, after New York Fed President William Dudley told Fox Business Network that the US central bank could possibly raise rates as soon as September. The gains had been fading until the July industrial production report showed a 0.7% jump compared to 0.3% expected. In other commodities, light sweet crude (WTI) oil futures on the Nymex fell 16 or 0.3 percent to $46.24 per barrel, while the most active Comex silver contract stood ... (more...)
- August 17, 2016
The dollar pared losses immediately following the CPI data, however, after New York Fed President William Dudley told Fox Business Network that the US central bank could possibly raise rates as soon as September. The gains had been fading until the July industrial production report showed a 0.7% jump compared to 0.3% expected. In other commodities, light sweet crude (WTI) oil futures on the Nymex fell 16 or 0.3 percent to $46.24 per barrel, while the most active Comex silver contract stood ... (more...)
Hillary Clinton builds on lead over Donald Trump — UPI/CVoter poll
- August 17, 2016
Trump's has not expanded the Republican Party's demographic appeal. No details were given on how a person's beliefs could be ascertained, but Mr. Trump's promise sounded like a new form of McCarthyism - the drive against suspected Communists spearheaded by Republican Senator Joseph McCarthy in the 1950s. (more...)
- August 17, 2016
Trump's has not expanded the Republican Party's demographic appeal. No details were given on how a person's beliefs could be ascertained, but Mr. Trump's promise sounded like a new form of McCarthyism - the drive against suspected Communists spearheaded by Republican Senator Joseph McCarthy in the 1950s. (more...)
Asia shares edge higher as markets await US economic data
- August 17, 2016
The economic stimulus is provided based on the premier's Abenomics: Abenomics is based upon "three arrows" of fiscal stimulus, monetary easing and structural reforms.[1] The Economist characterized the program as a "mix of reflation, government spending and a growth strategy created to jolt the economy out of suspended animation that has gripped it for more than two decades."[2] While the program produced an initial boost its effects appear to be fading rapidly. (more...)
- August 17, 2016
The economic stimulus is provided based on the premier's Abenomics: Abenomics is based upon "three arrows" of fiscal stimulus, monetary easing and structural reforms.[1] The Economist characterized the program as a "mix of reflation, government spending and a growth strategy created to jolt the economy out of suspended animation that has gripped it for more than two decades."[2] While the program produced an initial boost its effects appear to be fading rapidly. (more...)
Russian Federation uses Iranian airbase to strike ISIS
- August 17, 2016
The missile system, which was installed at Hmeymim, is capable of reaching targets across all of Syria , Lebanon and Cyprus and significant parts of Israel, Jordan and southern Turkey. Russia's Defense Ministry said Tuesday that Russian warplanes have taken off from a base in Iran to target Islamic State fighters in Syria . "The other two areas do not have ISIS concentrations", Col. (more...)
- August 17, 2016
The missile system, which was installed at Hmeymim, is capable of reaching targets across all of Syria , Lebanon and Cyprus and significant parts of Israel, Jordan and southern Turkey. Russia's Defense Ministry said Tuesday that Russian warplanes have taken off from a base in Iran to target Islamic State fighters in Syria . "The other two areas do not have ISIS concentrations", Col. (more...)
Guantanamo inmates sent to UAE in largest single release
- August 17, 2016
Lee Wolosky, the State Department's special envoy for Guantanamo's closure, quoted in a report by CBS News, said the US was grateful to the United Arab Emirates for accepting the latest group of 15 men and helping pave the way for the detention center's closure. (more...)
- August 17, 2016
Lee Wolosky, the State Department's special envoy for Guantanamo's closure, quoted in a report by CBS News, said the US was grateful to the United Arab Emirates for accepting the latest group of 15 men and helping pave the way for the detention center's closure. (more...)
Firefighter captures photo of terrifying fire whirl
- August 17, 2016
The photo was taken Sunday by Charles Bolt, with engine 1419. It's been shared more than 12,000 times. The Beaver Creek Fire Information Center provided some background on what causes these tornadoes. The Beaver Creek Fire has burned more than 36,000 acres since it started almost two months ago. It has grown to 36,435 acres of land 24 miles north of Walden. (more...)
- August 17, 2016
The photo was taken Sunday by Charles Bolt, with engine 1419. It's been shared more than 12,000 times. The Beaver Creek Fire Information Center provided some background on what causes these tornadoes. The Beaver Creek Fire has burned more than 36,000 acres since it started almost two months ago. It has grown to 36,435 acres of land 24 miles north of Walden. (more...)
Kenny, Trott cap track program with 2 more golds for Britain
- August 17, 2016
The latest victories sweep the engaged couple's gold medal tally into double figures - with the pair now able to boast 10 between them. It means Team GB is guaranteed to hit its target of 48 medals in Rio, surpassing Beijing 2008's total of 47 to become the best-ever overseas Games. (more...)
- August 17, 2016
The latest victories sweep the engaged couple's gold medal tally into double figures - with the pair now able to boast 10 between them. It means Team GB is guaranteed to hit its target of 48 medals in Rio, surpassing Beijing 2008's total of 47 to become the best-ever overseas Games. (more...)
Former Goldman trader barred from industry after SEC probe
- August 17, 2016
Osnato, chief of the SEC Enforcement Division's Complex Financial Instruments Unit, said in a statement. Under the terms of the deal Mr Chin has not admitted to nor denied the allegations. According to the market regulator's legal ruling published Tuesday, Chin offered clients RMBS bonds at what he represented as a separate seller's price, portraying himself as a fair broker between the two parties. (more...)
- August 17, 2016
Osnato, chief of the SEC Enforcement Division's Complex Financial Instruments Unit, said in a statement. Under the terms of the deal Mr Chin has not admitted to nor denied the allegations. According to the market regulator's legal ruling published Tuesday, Chin offered clients RMBS bonds at what he represented as a separate seller's price, portraying himself as a fair broker between the two parties. (more...)
Hacker 'Guccifer 2.0' leaks a new set of internal Democratic Party documents
- August 17, 2016
Spokespeople for the Democratic National Committee did not immediately respond to requests for comment. The hacker also gives a message in which he wrote: "it is time for the new revolutions now". "If there were the ability for someone to hack into those accounts, that really gets worrisome", he said. WikiLeaks published the 20,000 DNC emails last month. (more...)
- August 17, 2016
Spokespeople for the Democratic National Committee did not immediately respond to requests for comment. The hacker also gives a message in which he wrote: "it is time for the new revolutions now". "If there were the ability for someone to hack into those accounts, that really gets worrisome", he said. WikiLeaks published the 20,000 DNC emails last month. (more...)
Aaron Ramsey looked absolutely done with Arsene Wenger during Liverpool defeat
- August 17, 2016
While they may have produced three goals between them, we're not sure the combination of Raheem Sterling, Philippe Coutinho and Robert Snodgrass would be able to win the ball in order to use it. To say Leicester will struggle on the basis of one match is too early a declaration, but with the departed N'Golo Kante's absence in the midfield all too evident and the suspended Robert Huth missed in the centre of defence, the Foxes struggled against a Hull team that won't claim many big scalps. (more...)
- August 17, 2016
While they may have produced three goals between them, we're not sure the combination of Raheem Sterling, Philippe Coutinho and Robert Snodgrass would be able to win the ball in order to use it. To say Leicester will struggle on the basis of one match is too early a declaration, but with the departed N'Golo Kante's absence in the midfield all too evident and the suspended Robert Huth missed in the centre of defence, the Foxes struggled against a Hull team that won't claim many big scalps. (more...)
Shoulder injury forces Serena Williams out of tourney
- August 17, 2016
The American powerhouse suffered a stunning ouster from the Rio Olympics last week, and has decided not to risk her fitness with the prestigious US Open coming up later this month. I won a medal. With the possibility of a 23rd Grand Slam title at the US Open next month, as well as the chance to avenge her stunning loss to Roberta Vinci in NY past year, Williams has prioritized that opportunity over defending the title. (more...)
- August 17, 2016
The American powerhouse suffered a stunning ouster from the Rio Olympics last week, and has decided not to risk her fitness with the prestigious US Open coming up later this month. I won a medal. With the possibility of a 23rd Grand Slam title at the US Open next month, as well as the chance to avenge her stunning loss to Roberta Vinci in NY past year, Williams has prioritized that opportunity over defending the title. (more...)
Usain Bolt made it look frighteningly easy in his 200m heat
- August 17, 2016
The Jamaican won the 100m final in 9.81 seconds on Sunday night (Rio time), beating home Justin Gatlin (9.89) and Andre De Grasse (9.91) for the gold. "I was? I didn't even know that", De Grasse said as he walked through the mixed zone. "I'm over the moon, I wanted it so badly". After Sunday's 1-2 finish, Bolt and Gatlin complained of too quick of a turnaround from the semifinals and final in the 100 meters. (more...)
- August 17, 2016
The Jamaican won the 100m final in 9.81 seconds on Sunday night (Rio time), beating home Justin Gatlin (9.89) and Andre De Grasse (9.91) for the gold. "I was? I didn't even know that", De Grasse said as he walked through the mixed zone. "I'm over the moon, I wanted it so badly". After Sunday's 1-2 finish, Bolt and Gatlin complained of too quick of a turnaround from the semifinals and final in the 100 meters. (more...)
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