Markets


Milwaukee mayor declares curfew to help ease unrest after police shooting
- August 18, 2016

In other parts of Milwaukee , however, life seemed to go on as usual. At times on Monday night, it seemed like a wake. And in a change of tone from Sunday, Sherelle called for the violence to stop. Police said there were six arrests and no reports of major property damage. Randolph McLaughlin, a Pace University law professor and a civil rights attorney, questioned how Milwaukee leaders could have expected the streets to stay quiet on Saturday night given the national debate about ... (more...)
A4A Expects 4 Pct Rise In US Holiday Air Travel A4A Expects 4 Pct Rise In US Holiday Air Travel
- August 18, 2016

If you're traveling by plane over the upcoming Labor Day weekend, expect more fellow passengers. The busiest day is expected to be September 2nd, followed by September 1st. The 10 airlines' pre-tax profit margin for the period was 15.5%, which showed the USA airline industry is coming ever closer to "closing the gap to achieve average corporate profitability", A4A said. (more...)
In flooded Louisiana, a cleanup and a search for bodies
- August 18, 2016

More than 20,000 people have been rescued or evacuated so far while 40,000 homes have been impacted, officials said . More than 8,000 people slept in emergency shelters on Monday night, unable to return to their homes, Edwards told a news conference. (more...)
DATE CLUE! Did Jacqueline Fernandez just hint that she dates only heroes? DATE CLUE! Did Jacqueline Fernandez just hint that she dates only heroes?
- August 18, 2016

Ever since we started work on the film, everyone wanted to know whether we will share screen space and dance together. Reportedly, Tarun who will have a directorial comeback with this untitled film might be co-produced by Karan Johar and Salman Khan . (more...)
SC orders Unitech to deposit Rs 15 cr SC orders Unitech to deposit Rs 15 cr
- August 18, 2016

The apex court said it is "pained when buyers are harassed by builders". Unitech challenged the order of the consumer forum in the Supreme Court which last month asked the company to deposit an interim penalty of 5 crore rupees. Unitech Ltd ended at Rs. 5.23, up by Rs. 0.12 or 2.35% from its previous closing of Rs. 5.11 on the BSE. "In fact, in the larger interest, the refund amounts being claimed by the customers can be better utilized for construction and completion of pending project". (more...)
Procter & Gamble Company (The) (NYSE:PG) Updated Price Targets Procter & Gamble Company (The) (NYSE:PG) Updated Price Targets
- August 18, 2016

This segment markets its products mainly under the Crest, Oral-B, and Vicks brands. This comment of Taylor's convinced us of his commitment to change Procter & Gamble's culture-he wants outcomes to be rewarded rather than simply activity. 07/22/2016 - Procter & Gamble Company (The) had its "buy" rating reiterated by analysts at Stifel Nicolaus. It has a 24.93 P/E ratio. The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 15th. (more...)
Uber Takes Legal Action Against Tough New London Regulations Uber Takes Legal Action Against Tough New London Regulations
- August 18, 2016

Uber says it supports a high level of spoken English for its drivers. Although Uber says communication skills are important, it claims the test in question is too hard and goes beyond the requirements for British citizenship - so much so that 7% of the United Kingdom population would fail the exam. (more...)
Lowe's slides pre-market as Q2 results miss expectations Lowe's slides pre-market as Q2 results miss expectations
- August 18, 2016

Lowe's Cos. ( LOW ) released a profit for its second quarter that gained ground compared to the same period past year. The home improvement retailer reported $1.31 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $1.41 by $0.10. (more...)
Admiral Group posts profit rise, lifts dividend Admiral Group posts profit rise, lifts dividend
- August 18, 2016

Motor insurer Admiral Group PLC hiked its dividend and posted higher pretax profit for the first half of 2016 on Wednesday, but shares in the company sank amid concerns about a fall in its Solvency II ratio and as pretax profit slightly missed expectations. (more...)
Couche-Tard nearing deal for CST Brands Couche-Tard nearing deal for CST Brands
- August 18, 2016

The company earned US$1.2 billion on UC$34.1 billion of sales a year ago, compared to US$11.4 billion of revenues by CST. CST Brands Inc . operates approximately 2,000 locations throughout the southwestern United States, Georgia, Florida, New York and eastern Canada. (more...)
Wall St ticks up as Fed seen split on rate hike Wall St ticks up as Fed seen split on rate hike
- August 18, 2016

The U.S. dollar strengthened after the release of the minutes, while U.S. stocks and prices of shorter-dated U.S. Treasuries pared losses. The U.S. dollar hit a session low against the yen at about 100.15 yen. economy should pick up in H2 and that the November presidential election should not factor into the Fed's decision to raise interest rates. But the minutes showed that she wasn't the only member of the policymaking Federal Open Market Committee who favored a rate hike then or in ... (more...)
The alleged Russian cyberattack on the Democratic Party is getting ugly
- August 18, 2016

The documents released included a list of passwords for various DCCC accounts, as well as contact information, including private email addresses and cell phone numbers for House Democrats. The committee has also hired outside forensic experts at CrowdStrike to investigate. "It's hard for me to imagine how just having a bunch of numbers, cellphones and emails would in any way affect the election", he said. (more...)
China's Tencent doubled its mobile gaming revenue in a single quarter China's Tencent doubled its mobile gaming revenue in a single quarter
- August 18, 2016

The company's net profit of 10.88 billion yuan surpassed analyst expectations. Tencent is best known for its messaging app WeChat , which dominates the local market. The company's shares fell 1.23 per cent to close at HK$193 in Hong Kong on Wednesday, ahead of the results release. Tencent is laying the foundation for an emerging entertainment empire by building World of Warcraft and League of Legends into global powerhouses. (more...)
Lookers PLC (LOOK) Rating Reiterated by Liberum Capital Lookers PLC (LOOK) Rating Reiterated by Liberum Capital
- August 18, 2016

The stock was bought at an average cost of GBX 1,280 ($16.48) per share, with a total value of £298,969.60 ($384,972.44). Liberum Capital reaffirmed a "buy" rating and issued a GBX 2,100 ($27.04) price objective on shares of Victrex plc in a research note on Tuesday, July 5th. (more...)
Police issue warrant for IOC exec for scalping Rio tickets
- August 18, 2016

In a statement on its website, the OCI said it "is aware of the media stories regarding Pat Hickey and we are seeking total clarity on the situation before we comment further". But more than a week later, Hickey sits in a Rio hospital with charges hanging over him. Another company involved in the affair is Pro 10 Sports Management, an Irish company based in Lucan which was appointed by the OCI as its authorised ticket re-seller in Ireland. (more...)
Filipina woman gave birth prematurely on plane at 30000ft
- August 18, 2016

The woman, her own mother who was travelling with her, and the baby were given three-day temporary visas, which would most likely be extended until the parent and child were fit to fly, the official said. "They had a sterilized shelf filled mineral water as a makeshift wash basin to clean the baby in", Umandal added. The baby boy has been named Haven. Two other passengers who had baby clothes in their hand luggage gave the newborn a t-shirt and tiny pants to help keep her warm. (more...)
Kemboi disqualified from steeplechase, Mekhissi takes bronze
- August 18, 2016

He finished second, earning the first Olympic medal for a USA man in the event since 1984. Tuesday's early athletics action at Rio 2016 yielded gold for Conseslus Kipruto and saw Mo Farah reach the men's 5000 metre final. The excitement behind him centered on American Evan Jager clinching silver ahead of Kemboi. "It feels like silver , but I'm totally ok with silver ", he said. (more...)
Aetna to Cut Nearly 70% of Obamacare Plans in 2017 Aetna to Cut Nearly 70% of Obamacare Plans in 2017
- August 18, 2016

It will offer off-exchange individual products in 2017 in most of the counties in which it has ended its public exchange participation. The nation's largest insurer, UnitedHealth Group , sold coverage in 34 states this year. The company didn't say Tuesday if it is re-considering its own decision to stop selling plans in Pinal County next year. Sara Collins, vice president for healthcare coverage and access at The Commonwealth Fund, a foundation that supports independent research on ... (more...)
Poll Shows More Evidence Trump May Affect N.Y. State Senate Outcome Poll Shows More Evidence Trump May Affect N.Y. State Senate Outcome
- August 18, 2016

The main victims of these riots are law-abiding African-American citizens living in these neighborhoods. However, the messaging may have been lost on the crowd that was devoid of minorities. Trump's pitch to the African-American community was offered alongside a muscular message in support of police amid increased racial tensions following the officer-related shooting of an unarmed black man in Milwaukee. (more...)
J.C. Penney Company reiterated as Outperform By Telsey Advisory Group J.C. Penney Company reiterated as Outperform By Telsey Advisory Group
- August 18, 2016

They now have a United States dollars 13 price target on the stock. The day-long event has been light on details on how J.C Penney would ring up such huge sales numbers. Penney in a research report on Saturday, May 14th. The company's 50-day moving average price is $9.12 and its 200-day moving average price is $9.10. The Market Capitalization of the company stands at 3.43 Billion. (more...)

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