Markets


Hyundai reports 51% drop in second quarter net profit Hyundai reports 51% drop in second quarter net profit
- July 26, 2017

Its operating income from overseas sales also dropped 16 percent in the first six months of this year to 107.9 billion won, though it logged a 7.3 percent rise in overseas revenue at 885.5 billion won on the back of strong demand in the Asian markets, including Thailand, Malaysia and Indonesia. (more...)
United Kingdom economy sees pick-up in growth United Kingdom economy sees pick-up in growth
- July 26, 2017

United Kingdom output expanded 0.3% in the second quarter of the year confirming forecasts of a second period of sub-par growth, as construction and manufacturing slumps pulled down the headline figure. Retailers, hotels and restaurants all had a strong quarter and more than offset falls in output in the manufacturing and construction sectors. The scale of damage, most say, will depend on the nature of future trade arrangements with the European Union, which is the UK's biggest trade partner. (more...)
New Rs 200 Notes All Set For Release New Rs 200 Notes All Set For Release
- July 26, 2017

The research report by SBI had also implied that although there was a demand for smaller denomination currencies, there was discrepancy in the banking system due to the presence of Rs 2,000 notes straight after Rs 500 notes. Around Rs 7.4 trillion worth of Rs 2000 notes have been printed so far, which adequately compensates the Rs 6.3 trillion Rs 1000 notes that were taken out of circulation, said the Livemint report. (more...)
Sunny Leone, Emraan Hashmi starrer Piya More from Baadshaho, released! Sunny Leone, Emraan Hashmi starrer Piya More from Baadshaho, released!
- July 26, 2017

Whenever we think about Emraan Hashmi guess what comes in our mind? I'm trying my best to master them. Emraan who in the words of Sunny is nowhere close to being innocent is raising the temperature with his raunchy looks and Sunny as always is nailing it with her sensuous yet glamorous look. (more...)
Strong earnings boost United States stocks, dollar near 13-month low Strong earnings boost United States stocks, dollar near 13-month low
- July 26, 2017

But Japan's Nikkei dropped 0.6 percent, pressured by a stronger yen. Only Honk Kong's Hang Seng Index seemed to be bucking the trend, trading up 0.44 percent early Monday morning. On Monday, the pair hit 110.61, the lowest level since mid-June. Although most of the losses were apprehended and prices eased today after Fed's dovish outlook streak and rates announcements severely weighed down the dollar. (more...)
Is AK Steel Holding Corporation (AKS) Stock is Risky? Is AK Steel Holding Corporation (AKS) Stock is Risky?
- July 26, 2017

The firm has a 50-day moving average price of $6.32 and a 200-day moving average price of $7.21. (X) added 0.51% to reach $23.8 in the previous trading session. Finally, Wedbush Securities Inc. acquired a new stake in AK Steel Holding Corporation during the first quarter worth $128,000. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website . (more...)
Tarullo Says Weak Inflation Clouding Fed's Rate-Hike Outlook Tarullo Says Weak Inflation Clouding Fed's Rate-Hike Outlook
- July 26, 2017

And unless inflation picks up, some analysts foresee no further rate increase this year. Ms Yellen took over from Mr Ben Bernanke as Fed chair in February 2014 with the U.S. The unemployment rate has been below 5 percent for over a year, and the stock market has rallied. "I like her", he said. When asked if she would consider serving another term in front of the Senate, Yellen declined to answer. (more...)
Girl Scouts STEM Badges Encourage Them to Get Involved in Tech, Outdoors Girl Scouts STEM Badges Encourage Them to Get Involved in Tech, Outdoors
- July 26, 2017

The Girl Scouts also announced collaborations with numerous STEM-focused organizations that will assist their members, including Code.org, GoldieBlox, Sci-Starter, Society of Women Engineers, WGBH/Design Squad Global, and Leave No Trace Center for Outdoor Ethics. (more...)
Diesel scrappage scheme details expected with release of UK Air Quality Plan Diesel scrappage scheme details expected with release of UK Air Quality Plan
- July 26, 2017

But Howard Cox, co-founder of Fair Fuel UK said: "With money to improve the most congested roads as the first line of improving air quality, there's now no excuse to introduce Toxic Taxes". Mr Gove has also performed another U-turn on previous plans which could have seen restrictions on diesel cars across entire city and town centres, instead aiming to reduce emissions on specific roads. (more...)
Nielsen counts live Hulu and YouTube TV streams for its ratings Nielsen counts live Hulu and YouTube TV streams for its ratings
- July 26, 2017

Nielsen's already been tracking viewing from Sling TV, Sony's PlayStation Vue and CBS All Access (CBS is the parent company of CNET). The Media Ratings Council accredited Nielsen's Digital in TV Ratings in February, enabling digital viewership to be included in TV ratings. (more...)
Orlando City acquire Team USA striker Dwyer in record deal Orlando City acquire Team USA striker Dwyer in record deal
- July 26, 2017

He also scored against Panama in the opening game of the CONCACAF Gold Cup. And therein lies the reason why Sporting would trade the man who has led the team in scoring each of the last three seasons, and why this trade could easily turn out to be a win for the team, despite outward appearances. (more...)
Nigerian President Buhari Pictured in London After Three Months Off Grid Nigerian President Buhari Pictured in London After Three Months Off Grid
- July 26, 2017

However, just before he was due to return, Nigeria's 180 million citizens were informed via a statement that Buhari would be "extending his vacation". "The acting president declined their suggestion to stand in for Buhari so that the party can proceed with the convention". "They don't even think that it is necessary for the president to send message to Nigerians or for themselves to come and tell us what happened during that meeting. (more...)
Existing-Home Sales Drop, But Home Prices Spike Existing-Home Sales Drop, But Home Prices Spike
- July 26, 2017

The seasonally adjusted level in May was 5.62 million units. This was slightly below consensus forecasts of 5.58mn and the second lowest reading of 2017, although there was still a 0.8% increase in sales. Total housing inventory available declined 7.1% on the year and declined 7.1% on the year having fallen for 25 months in succession. "Housing is recovering, but it's not a healthy situation", Lawrence Yun , the National Association of Realtors' chief economist, said at a news briefing ... (more...)
AT&T Beats Earnings Estimates, Spends $78M in Quest for Time Warner AT&T Beats Earnings Estimates, Spends $78M in Quest for Time Warner
- July 26, 2017

The telco gained 127,000 wireless customers in the second quarter, compared with analysts' average projection for a loss of more than 22,700. "We continue to expect the Time Warner deal to close by year-end and further transform the company". (more...)
Malaysia-owned Pacific NorthWest LNG project abandons BC plans Malaysia-owned Pacific NorthWest LNG project abandons BC plans
- July 26, 2017

The Canadian government granted its environmental blessing to the plan in September 2016 with 190 conditions for its approval. "It's the people who have the power - we've always said that - not the elected officials or industry", says Namoks. (more...)
Analysts Expect Chipotle Mexican Grill, Inc Analysts Expect Chipotle Mexican Grill, Inc
- July 26, 2017

More interesting news about Chipotle Mexican Grill , Inc. Baring Asset Management Ltd increased its stake in Ecolab Inc (ECL) by 24.23% based on its latest 2016Q4 regulatory filing with the SEC. Chipotle Mexican Grill (CMG) opened at 339.98 on Friday. Chipotle Mexican Grill (NYSE:CMG) last issued its quarterly earnings data on Tuesday, April 25th. (more...)
AMD stock soars after strong guidance, earnings beat AMD stock soars after strong guidance, earnings beat
- July 26, 2017

Advanced Micro Devices had a negative net margin of 10.42% and a negative return on equity of 76.29%. Developed by hedge fund manager Joel Greenblatt, the intention of the formula is to spot high quality companies that are trading at an attractive price. (more...)
Trump to WSJ: Apple Will Build 3 US Plants Trump to WSJ: Apple Will Build 3 US Plants
- July 26, 2017

Cook said in February that Apple spent $50 billion in 2016 with its USA suppliers. Trump didn't say what the plants would be used for or where they would be located. Trump revealed to The Wall Street Journal that Cook has committed to the plan, although the president would not reveal specific details. Apple came under fire from Trump during his campaign because it makes most of its products in China. (more...)
Neymar 'Would be Welcome at Madrid' Insists Casemiro Neymar 'Would be Welcome at Madrid' Insists Casemiro
- July 26, 2017

The 25-year-old remains strongly linked with a move away from Camp Nou, but for the time being he certainly seems to be enjoying being a part of one of the greatest attacking trios in world football. "But it is a personal choice". He gave a glimpse why is he is poised to become the world's most expensive player - breaking Paul Pogba's current record by more than £100m after he signed for Manchester United for £89million last summer. (more...)
Volkswagen executive charged in USA emissions probe to plead guilty: court Volkswagen executive charged in USA emissions probe to plead guilty: court
- July 25, 2017

Schmidt, VW's former top emissions compliance official, will enter his plea in August. Schmidt is one of eight VW executives charged in the U.S.in a scheme to cheat emission rules on almost 600,000 diesel vehicles. VW admits using software to get around diesel emission standards. In its indictment, the government said Schmidt told officials from the California Air Resources Board in August 2015 that emissions tests were flawed because of "abnormalities" or "irregularities" without ... (more...)

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