Markets


Macron's party wins majority in parliamentary polls
- June 19, 2017

The turnout was trending low, with just over 35 percent of eligible voters casting ballots by late Sunday afternoon, less than the 41 percent at the same hour in the first round of parliamentary voting a week ago, according to the Interior Minister. (more...)
Are Analysts Bearish Rice Midstream Partners LP (NYSE:RMP) After Last Week?
- June 19, 2017

The lowest target is $73.0 while the high is $81.0. As of December 31, 2016, its midstream energy asset network included approximately 11,000 miles of pipelines, 20 natural gas processing plants, seven fractionators, barge and rail terminals, product storage facilities, purchasing and marketing capabilities, brine disposal wells, a crude oil trucking fleet, and equity investments in certain private midstream companies. (more...)
Berenberg Bank Boosts Pearson plc (PSON) Price Target to GBX 605
- June 19, 2017

It has a 91.35 P/E ratio. The Company's development royalties include Salamanca, Groundhog, and Amapa & Tucano. The newest analyst ratings which are still in issue on Friday 9th of June state 5 analysts have a rating of "strong buy", 0 analysts "buy", 5 analysts "neutral", 1 analysts "sell" and 8 analysts "strong sell". (more...)
CDSL IPO is open for subscription; here's what analysts say CDSL IPO is open for subscription; here's what analysts say
- June 19, 2017

Investors can subscribe the IPO in lot of sizes of 100 shares. The IPO, which opens on Wednesday (21 June), has a price band between Rs 167 and Rs 170 per equity share. However, there are risks as well, such as losses from an interruption in the IT systems or revenue loss from falling trading volumes. The company has seen its revenues grow at a CAGR of 3.67% over the past four years with the revenue in FY2016 being Rs 139.4 crore. (more...)
Nokia Corporation (NOK) Shares Sold by Oppenheimer & Co. Inc
- June 19, 2017

Menora Mivtachim Holdings LTD. increased its stake in Nokia Corporation by 74.3% in the fourth quarter. Usca Ria LLC boosted its stake in shares of Nokia Corporation by 15.1% in the first quarter. The firm's quarterly revenue was down 3.8% compared to the same quarter a year ago. Equities research analysts expect that Nokia Corporation will post $0.24 EPS for the current fiscal year. (more...)
Macron kicks off Paris Air Show with airborne entrance
- June 19, 2017

The biennial Paris Airshow, which runs to June 25, is expected to attract 150,000 industry professionals from 2,370 companies. A handful of airlines were said to be shopping for planes in advance of the show including Peruvian low-priced startup Viva Air, owned by Irelandia Aviation led by the son of Ryanair founder Tony Ryan, which could place an order for Airbus . (more...)
Oscar sparks mass brawl in Chinese league Oscar sparks mass brawl in Chinese league
- June 19, 2017

Shanghai SIPG midfielder Oscar has denied disrespecting Guangzhou R&F after his actions sparked a brawl that saw two men sent off during the sides' Chinese Super League game on Sunday. Oscar's manager Andre Villas-Boas backed him up and said he had acted in the interests of the team. The playmaker's actions appeared deliberate as he booted the ball at players on the halfway line. (more...)
Oil falls to 5-week low on unexpected USA gasoline stock build
- June 19, 2017

US inventories fell less than forecast last week, keeping supplies more than 100 MMbbl above the five-year average, according to data from the EIA on Wednesday. The increase in USA gasoline inventories drove down RBOB futures by more than 4 per cent, tugging Brent and U.S. crude futures lower with them, analysts said. (more...)
White House Confirms Trump's Speech on Cuba in Miami on Friday
- June 19, 2017

Cuba policy that eliminates travel for single individuals and bans future U.S. business transactions with Cuba's military, according to senior administration officials . Worldwide human rights groups say, however, that reinstating a USA policy of isolating the island could make the situation worse by empowering Cuban hardliners. (more...)
New York Times sources say Uber discussing leave for CEO New York Times sources say Uber discussing leave for CEO
- June 19, 2017

According to a representative for the board, Uber brought in Holder earlier this year to lead an investigation into sexual harassment and workplace culture developing in the ride-hailing startup. In total, 215 claims of harassment were investigated by the legal firm Perkins Coie LLP and, while 100 cases have now been dropped, a further 57 are still under investigation. (more...)
Kuwait's ALAFCO orders 20 Boeing 737 Max 8s worth $2.2bn
- June 19, 2017

GE Capital Aviation Services (GECAS), part of General Electric, announced a purchase of 20 of the Boeing 737 MAX 10 aircraft, which will seat up to 230 people. The 737 MAX is the fastest-selling airplane in Boeing history. Chang commented, "The company continues to grow our world-class, worldwide management team with experienced and well-respected industry leaders" and will leverage the significance of the China Development Bank and the resources it offers to "expand the company's focus beyond ... (more...)
S. Korea reports more test-fires from North S. Korea reports more test-fires from North
- June 19, 2017

A senior USA government official also forecast that the North will likely be ready to test-fire an ICBM within the year. A senior official from the presidential Blue House in Seoul said Wednesday that the two launchers of the Terminal High Altitude Area Defense system that had been installed could remain but that four launchers yet to be placed would not be set up until the administration completed an environmental assessment. (more...)
Amit Shah rules out bilateral cricket ties with Pakistan
- June 19, 2017

According to sources, Amit Shah informed Uddhav Thackeray that nearly all allies of NDA have assigned powers to Prime Minister Narendra Modi to finalise the name of candidate for presidential polls. The Board formed a three-man panel - comprising senior ministers Rajnath Singh , Venkaiah Naidu and Arun Jaitley - to select their presidential nominee. (more...)
UPSC Prelims 2017 Paper Analysis: Tough General Knowledge paper baffles candidates UPSC Prelims 2017 Paper Analysis: Tough General Knowledge paper baffles candidates
- June 19, 2017

Category , i.e. 07 vacancies for LDCP, 08 Vacancies for B/LV and 12 Vacancies for H.I. The final number of vacancies may undergo change after getting firm number of vacancies from Cadre Controlling Authorities. Soon after the completion of the exam, web portals managed by study centres have uploaded analysis of the question paper. The CSAT paper (paper 2) is evaluated first and GS Paper or Paper 1 is evaluated only of those candidates who have qualified in Paper 2 or got 33% or 66 marks in CSAT. (more...)
US Dollar Higher on Fed Outlook US Dollar Higher on Fed Outlook
- June 19, 2017

Contrary to what many expected, Treasury bond exchange traded funds were among the best performers after the Federal Reserve raised benchmark interest rates for the third time in six months. The US Federal Reserve lowered its forecast for inflation but raised its prediction for growth, opening the door for further rates hikes in 2017. (more...)
Irish, British PMs to meet to talk Brexit, Northern Ireland crisis
- June 19, 2017

They could be called right-wing as they do not accept same-sex marriage, are climate change deniers and are very pro-Brexit. Given the high volume of fresh produce trade between the United Kingdom and the Republic of Ireland , the free movement of goods and workers between the two countries is an important issue for companies on both sides of the border. (more...)
New Analyst Ratings For Boohoo.com (LON:BOO)
- June 19, 2017

The company has market cap of $35.67 billion. Keller Group plc is a geotechnical solutions specialist. The company has market cap of 282.30 million GBP. As per Thursday, April 28, the company rating was maintained by Stifel Nicolaus. About 92,878 shares traded. The stock increased 0.92% or GBX 3.95 on June 16, reaching GBX 433.95. (more...)
Asian market investors spooked by Fed rate hike and Trump probe Asian market investors spooked by Fed rate hike and Trump probe
- June 19, 2017

The US Federal Reserve on Wednesday raised its benchmark interest rates for the third time since December and unveiled plans to start trimming its balance sheet , even as news of the Fed's relatively hawkish stance provoked caution in early trading in the Indian equity markets, which were trading flat on Thursday morning. (more...)
Rep. Steve Scalise's condition is upgraded to serious from critical Rep. Steve Scalise's condition is upgraded to serious from critical
- June 19, 2017

Scalise, Tyson Foods lobbyist Matt Mika, congressional aide Zach Barth and US Capitol Police officer Crystal Griner were shot during an attack on the Republican congressional baseball team as it practiced Wednesday morning. The person did not disclose the names, but said those listed had been briefed. "After he leaves the hospital he will require a period of healing and of rehabilitation". (more...)
German minister sees hope of 'soft' Brexit, with conditions
- June 19, 2017

Britain's Brexit minister David Davis said the country wanted to strike "a deal like no other in history" as formal talks on quitting the European Union were set to begin in Brussels on Monday. "But what we are trying to get is tariff free access to the single market". They include the status and rights of European Union citizens living in the United Kingdom and British citizens living in the European Union, the financial commitments the European Union expects Britain to pay as it leaves ... (more...)

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