Markets


Berkshire Hathaway invests $377 million in real estate company Store Capital Corp Berkshire Hathaway invests $377 million in real estate company Store Capital Corp
- June 27, 2017

Berkshire Hathaway Inc has taken a almost 10 per cent stake in Store Capital Corp , a real estate company that invests in single-tenant properties, adding to bets in the sector by the conglomerate controlled by billionaire Warren Buffett. (more...)
Equiniti Group (LON:EQN) New Price Targets
- June 27, 2017

The company has market cap of 11.52 billion GBP. It has a 10.21 P/E ratio. The Company's Consumer Packaging segment's services and products include round composite cans, aluminum, steel and peelable membrane easy-open closures for composite and metal cans; plastic bottles, cups and trays, and printed flexible packaging and global brand management. (more...)
Takata files for bankruptcy as air bag recalls bite Takata files for bankruptcy as air bag recalls bite
- June 27, 2017

The bankruptcy process opens the door for a financial rescue by Chinese-owned USA parts supplier Key Safety Systems (KSS), which is taking over Takata's viable operations in a $1.6bn deal. Japan's Ministry of Economy, Trade and Industry said Monday it was setting up "advice windows" to help any affected small and medium-sized suppliers that might face difficulties due to Takata's troubles. (more...)
Sentencing hearing underway for ex-Woodstock nurse who murdered 8 patients Sentencing hearing underway for ex-Woodstock nurse who murdered 8 patients
- June 27, 2017

The offences were committed between 2007 and 2016, at three long-term care facilities and a private home in southern Ontario. The first victim impact statements came from the relatives of James Silcox, who was among the seven individuals Wettlaufer killed at Caressant Care in Woodstock. (more...)
34 tower blocks fail fire safety tests 34 tower blocks fail fire safety tests
- June 26, 2017

It comes after Camden Council became the first authority to evacuate residents for fire safety reasons. But around a 120 flats the four tower blocks here remain occupied, their residents refusing to leave. And the UK Government revealed all of the 34 high-rises in England that have so far submitted cladding samples have failed combustibility tests. However some tenants refused to leave because they said that Camden Council had not offered them suitable temporary accomodation, which ... (more...)
Italian PM 'guarantees' savers' accounts in 2 troubled banks
- June 26, 2017

In comments on Italian state radio Saturday, Gentiloni said "the guarantee regarding savers, account-holders, is a guarantee that I feel I can totally confirm". The deal appears to protect depositors and senior creditors of the two banks. "It is the task of the European Commission to ensure that state aid is limited to a minimum and to prevent the circumvention of winding down rules through national insolvency programmes". (more...)
Puerto Rico Wastes Everyone's Time With Another Statehood/Independence Referendum Puerto Rico Wastes Everyone's Time With Another Statehood/Independence Referendum
- June 26, 2017

Puerto Rican resident Maria Quinones looks carefully at her ballot with a magnifying glass before voting during the fifth referendum on the island's status, in San Juan, Puerto Rico, June 11, 2017. Anthony Suarez, president of the Puerto Rican Bar of Florida, said the vote is nothing more than political posturing. Our future is independence. "We have been a colony for 500 years, and we have had USA citizenship for 100 years, but it's been a second class one", Rossello said. (more...)
SpaceX launches satellites from California base
- June 26, 2017

The new fins are a bit heavier, but are designed for multiple re-uses as SpaceX seeks to more toward rapid reuse of its first stage booster. That launch was also followed by a landing at sea, along with several months of inspections and repairs to prepare it for this week's flight. (more...)
Trump's Modi meeting marks venture into India-Pakistan relations
- June 26, 2017

Modi's meeting with the USA president has generated a lot of interests in the diplomatic circles as it will be their first interaction after Trump was sworn in. Narendra Modi has maintained that India would go beyond the Paris climate deal to push for environment protection. The Prime Minister pointed out opportunities for tourism through developing hotels in "PPP [public private partnership] model" at 500 railway stations, Baglay said. (more...)
WRAPUP 1-US core capital goods orders, shipments falter in May WRAPUP 1-US core capital goods orders, shipments falter in May
- June 26, 2017

The bigger than expected decrease in durable goods orders was primarily due to a steep drop in orders for transportation equipment, which plunged by 3.4 percent in May after sliding by 1.8 percent in April. On Monday, June 26, 2017, the Commerce Department releases its May report on durable goods. U.S. Treasury yields fell after the publication of the data and U.S. (more...)
Air bag recalls, lawsuits lead Takata to file for bankruptcy
- June 26, 2017

It is believed some of the airbags contained faulty inflators which when expanded with too much force, spray metal shrapnel. The air bags defect stems from use of the explosive chemical ammonium nitrate in the inflators to deploy the air bags in a crash. (more...)
Whole Foods CEO calls Amazon buyout a "courtship"
- June 26, 2017

Mackey went on to ooze his enthusiasm for what Amazon would bring to Whole Foods Market's table, so to speak. Chief Executive John Mackey said Amazon.com Inc.'s pursuit of the health food chain began with "a blind date" more than six weeks ago, a whirlwind courtship that culminated in Amazon's largest acquisition by far. (more...)
Featured Stock for Investors: Oracle Corporation (ORCL)
- June 26, 2017

It has underperformed by 2.62% the S&P500. Highlander Capital Management Llc decreased its stake in Synchrony Financial (SYF) by 76.97% based on its latest 2016Q4 regulatory filing with the SEC. Therefore 71% are positive. Oracle had 54 analyst reports since July 30, 2015 according to SRatingsIntel. British Columbia Inv Corporation reported 0.65% of its portfolio in Oracle Corporation (NYSE:ORCL). (more...)
Southwest flight diverted after woman attempts to open door
- June 26, 2017

RT reached out to Minchew for a comment on the incident but have yet to receive a response. Fearing for her safety and the safety of everyone on the plane, she took action and was able to restrain the passenger . On the other side of the world passengers on board an Air Asia flight were told by their pilot to pray as the plane started shaking uncontrollably. Kiii Reporter Madeleine Dart was live at the airport with an update. (more...)
Pandora Media CEO Tim Westergren Reportedly Plans To Step Down Pandora Media CEO Tim Westergren Reportedly Plans To Step Down
- June 26, 2017

Although he helped to create the company, previous year was the first time Westergren stepped up into the chief executive role. Leveraging deals with auto manufacturers, Sirius XM was pre-installed in many new cars whose owners were given as much as one year free of service. (more...)
Cybg Plc (CYBG) Insider Debbie Crosbie Sells 23589 Shares
- June 26, 2017

In a research note sent to investors on 22 June, Restore PLC (LON:RST) stock had its "Buy" Rating reconfirmed by stock analysts at Peel Hunt. Masonite International Corporation is a designer and maker of interior and exterior doors for residential construction, residential fix, renovation and remodeling, and the non-residential building construction markets. (more...)
Uber CEO Resigns After Shareholders Revolt Uber CEO Resigns After Shareholders Revolt
- June 26, 2017

Uber has come under fire in recent months following a slew of scandals , including sexual harassment allegations and the dismissal of more than 20 employees . Mr. Kalanick's troubles began earlier this year after a former Uber engineer detailed what she said was sexual harassment at the company , opening the floodgates for more complaints and spurring internal investigations. (more...)
Overwhelmed By Air Bag Troubles, Takata Files For Bankruptcy Protection
- June 26, 2017

Takata was done in by defective inflators that can explode with too much force when they fill up an air bag, spewing out shrapnel. The company's faulty airbag inflators, which can blast shrapnel into drivers and passengers, have resulted in the recall of tens of millions of vehicles and been linked to 11 deaths in the USA and several others elsewhere. (more...)
Study links legalized pot with increase in car crash claims
- June 26, 2017

The group, known for publishing insurance loss statistics, says it has found a link between legalized pot and a surge in vehicle accidents. "There is a range of results that indicate there's a need for additional work here". A urine test, the current measure of whether a driver may be impaired by marijuana , will detect THC, however there is now no scientific consensus on what level of THC constitutes impaired driving. (more...)
Oil settles up before API reports surprise U.S. crude build Oil settles up before API reports surprise U.S. crude build
- June 26, 2017

Data from the U.S. Energy Information Administration showed that domestic-crude supplies fell by 1.7 million barrels for the week ended June 9. The surprise increase was another sign of persistently weak gas demand even as the summer driving season revs up. (more...)

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