Markets


Google hints at Nexus deals on Black Friday Google hints at Nexus deals on Black Friday
- November 28, 2015

Based on hardware specs, the Nexus 5X may not be able to beat the more expensive Android flagship smartphones, but it does offer more than pretty much any other smartphone out there at $299. (more...)
Albertsons Acquires 30 Former Haggen Stores in Five States Albertsons Acquires 30 Former Haggen Stores in Five States
- November 27, 2015

Pending successful deals with landlords, Albertsons will take over its former location at 1500 N. H Street in Lompoc and 163 S. Turnpike in Goleta. Markets is purchasing a Haggen store in Simi Valley. Yoke's Foods, Inc. will buy the Liberty Lake store. All the stores are located on the West Coast, and 30 of them will be sold to Albertsons, from which Haggen had purchased them earlier this year. (more...)
New estimate shows economy grew 2.1 percent in third quarter New estimate shows economy grew 2.1 percent in third quarter
- November 26, 2015

Consumers are still doing very well. Consumer spending growth was revised down in the second estimate, from 3.2 percent growth to just 3 percent. Despite this improvement in this second reading of the GDP for the third quarter, the rate is still lower than the 3.9% pace in the second quarter of 2015 - but well ahead of the 0.6% rate in the first quarter. (more...)
Black Friday 2015: Opening Times At Currys, Tesco, Sainsbury's And Deals Black Friday 2015: Opening Times At Currys, Tesco, Sainsbury's And Deals
- November 26, 2015

The Black Tag event is offering ten days worth of deals online with more than 3,000 discounts on top electronics brands - Currys PC World website has more details here. "This is a special offer though that you can only find in the store, so you will not be able to get the Element 49" LED TV if you shop online , so make sure if you want the hot deals from Meijer that you actually go into a store as that is where most of the deals will be. (more...)
Federal Reserve Admits It Has No Idea What It's Doing Federal Reserve Admits It Has No Idea What It's Doing
- November 26, 2015

In its most recent policy statement, the Fed's rate-setting committee stressed that it would need to see signs that the labor-market recovery is progressing to justify a hike at its December policy meeting. "It is critically important to me that when we first raise rates, the FOMC also strongly and effectively communicates its plan for a gradual path for future rate increases", Evans said. (more...)
Ford workers vote for new contract Ford workers vote for new contract
- November 25, 2015

UAW members at Ford started voting Thursday on their tentative contract. "Through a rational and democratic procedure U.A.W.-Ford members have produced occupation protection and powerful economic increases for their families and communities". (more...)
Ford contract rejected at 2 more plants Ford contract rejected at 2 more plants
- November 25, 2015

The eyes of autoworkers nationwide turned to Louisville on Tuesday as almost 9,000 Ford Motor Co. hourly employees were called to vote on the proposed four-year national contract. Despite the discontent in Kansas City, the majority of Ford's 52,900 unionized workers have voted in favor of the agreement, according to The Detroit News . (more...)
Indesit warns owners of a few tumble dryers of fire risk from appliances Indesit warns owners of a few tumble dryers of fire risk from appliances
- November 25, 2015

Customers are being contacted if their machine is affected, and they will be repaired by the company. There are an estimated 30million Whirlpool, Indesit and Hotpoint machines in United Kingdom households. Indesit said it has "implemented modifications at the point of manufacture to ensure that dryers produced after October 2015 are not affected by this issue". (more...)
Alcoa Given Alcoa Given "Buy" Rating at Citigroup Inc. (AA)
- November 25, 2015

Year to date, Alcoa's stock price has slumped more than 42%. But it has backed Alcoa's decision to split itself into two standalone companies, which was announced by the company in Sep 2015. Nine investment analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company's stock. The stock presently has an average rating of "Buy" and a consensus price target of $14.37. (more...)
Sprint Black Friday 2015 Deals Unveiled Sprint Black Friday 2015 Deals Unveiled
- November 24, 2015

Sprint's Black Friday 2015 deals have gone live, and they're very interesting. How about the Samsung Note 5? Just about every big retailer has something to offer in participation, making it even easier for us to spend our cash in exchange for an awesome sale item. (more...)
Black Friday? The Real Fight May Be For Cyber Monday Black Friday? The Real Fight May Be For Cyber Monday
- November 24, 2015

Cyber Monday deals are heating up as retailers beef up deals for one of the busiest shopping weekends of the year. Part of the move was also influenced by the fact there is a "significant spike" in online searches for "Cyber Monday" on Sunday evening. (more...)
Pfizer-Allergan close to announcing $150bn deal creating world's biggest pharma company Pfizer-Allergan close to announcing $150bn deal creating world's biggest pharma company
- November 23, 2015

It said Pfizer Chief Executive Ian Read will lead the combined company and that Allergan CEO Brent Saunders will be second-in-command. Pfizer has been on the prowl for the last two years after failing in its $118 billion attempt to buy Anglo-Swedish drug maker AstraZeneca. (more...)
Syria crisis: Massive Russian air strikes on 'IS targets' Syria crisis: Massive Russian air strikes on 'IS targets'
- November 23, 2015

Russia's  defense minister said its warplanes have fired cruise missiles on militant positions in Syria's Idlib and Aleppo provinces. The province and most of the provincial capital is held by  Islamic State  militants, with the exception of the military airport and a few areas controlled by the regime. (more...)
Huawei Unveils Black Friday And Cyber Monday Discounts Huawei Unveils Black Friday And Cyber Monday Discounts
- November 23, 2015

Ltd. recently announced it will offer discounts on Huawei Watch and the Huawei P8 Lite smartphone on Black Friday and Cyber Monday. This deal is carried forward until Cyber Monday, but Monday's deals aren't as hot. Each participating retailer will have a different color smartwatch for sale and Best Buy will have details in store as well. Best Buy and BestBuy.com will knock $25 off the phone during the same period. (more...)
Oil Prices Drop To 2-Month Low As Glut Grows Oil Prices Drop To 2-Month Low As Glut Grows
- November 22, 2015

However the diversification of the supply glut meant that "brimming crude oil stocks offer an unprecedented buffer against geopolitical shocks or unexpected supply disruptions", the IEA said on Friday. "The oversupply on the United States oil market remains high". The IEA predicted world oil demand would grow by a slow 1.2 million barrels per day in 2016, and said that, on the supply side, there had been no change in output in October from the powerful OPEC cartel. (more...)
BMW Compact Sedan concept unveiled at Guangzhou Auto Show BMW Compact Sedan concept unveiled at Guangzhou Auto Show
- November 22, 2015

The BMW Concept Compact Sedan is presented in an exclusive Liquid Metal Bronze exterior paint shade. According to a few reports, there's little chance the production vehicle of the Concept Compact Sedan will be offered outside of China, although a 1-Series sedan has been spotted testing at Germany's Nurburgring. (more...)
USA oil price falls amid ample supplies USA oil price falls amid ample supplies
- November 22, 2015

But just how bad are we talking about? US crude's West Texas Intermediate ( WTI ) futures were quoted 3 cents higher at $40.57 a barrel after settling down 21 cents at $40.54 on the previous session $44.18 a barrel. "Some have a focus on an outlook for increased demand and a view that at some point the market will balance, but the oversupply is capping gains". In Europe and the United Kingdom around £55bn-worth of  oil  and gas developments are under threat while prices remain at their ... (more...)
Amazon Black Friday Deals Announced: Kindle Fire, Samsung Galaxy Tablets, and More Amazon Black Friday Deals Announced: Kindle Fire, Samsung Galaxy Tablets, and More
- November 22, 2015

The retail giant says the deals will run from Friday through  Black Friday  on November 28 and further  discounts  on everything from Kindles and LG TV's to the hottest toys of the season. Most of the big retailers are keeping their big  Cyber Monday  deals under wraps for now, but keep an eye out for big announcements and TV adverts over the next week. (more...)
Intel Sees Large Volume Increase After Analyst Upgrade Intel Sees Large Volume Increase After Analyst Upgrade
- November 22, 2015

Intel Corporation  will host its annual Analyst Day on October 19th. Apple Inc . ( AAPL ) of the Consumer Goods sector is up 0.61% (change from open 0.15%) this morning trading at a volume of 5,137,057 shares and price of $119.5. The company rose 2.12% with a market capitalization of 4.08 billion. At  Intel Corporation's  annual investor meeting today, the company announced that its board of directors has approved an increase in its cash dividend to $1.04 per-share on an annual basis, an ... (more...)
KaloBios Pharmaceuticals Inc.: KaloBios Pharmaceuticals, Inc. Appoints Martin KaloBios Pharmaceuticals Inc.: KaloBios Pharmaceuticals, Inc. Appoints Martin
- November 21, 2015

Shares of cancer drug developer KaloBios Pharmaceuticals are skyrocketing after Martin Shkreli, the infamous CEO behind Turing Pharmaceuticals , took a majority stake in the company. KBIO has a 1-year high of $16 and a 1-year low of $0.44. The stock's 50 day moving average is $2.55 and its 200 day moving average is $3.07. KaloBios Pharmaceuticals Inc is a biopharmaceutical company. (more...)