Markets


Japan GDP grows 0.2 per cent in April-June as exports fall
- August 20, 2016

Early Monday morning, data from Japan's cabinet office showed growth in the world's third-largest economy was flat in the three months to June from the January-March quarter, missing economists' expectations. Meanwhile, the U.S. dollar has continued to struggle as bets on a Fed rate hike this year have progressively diminished. Nickel eked out a 0.2 per cent climb in London, following Friday's slide, while copper swung between gains and losses and zinc slipped 0.2 per cent. (more...)
Wal-Mart roars in Q2; raises forecast
- August 20, 2016

Wal-Mart shares rose 1.3 percent to $74.29 in late morning trading. Wal-Mart saw same-store sales at its US stores increase 1.6 percent last quarter, with the number of transactions climbing 1.2 percent. However, the United Kingdom continues to struggle at the hand of intense price competition-pressure that we don't expect to abate in the near term. Neighborhood Market comp sales increased approximately 6.5%. (more...)
Gold Drops as Fed's Williams Says He's for Increasing Rates Soon
- August 20, 2016

Comments from Fed Bank of San Francisco President John Williams after gold futures closed on Thursday revived the bearish sentiment on the precious metal, paring this week's gains. Its recent run to record highs has been partly supported by expectations that the Fed will continue to keep rates low , as well as some upbeat earnings and economic news. (more...)
Slain runner from NYC laid to rest in Massachusetts Slain runner from NYC laid to rest in Massachusetts
- August 20, 2016

She will be buried at Woodside Cemetery in Westminster. Her alma mater, Boston University, has paid tribute to her as well. This undated driver license photo released by the Worcester County District Attorney's Office shows Vanessa Marcotte, of NY, whose body was found Sunday night, August 7, 2016, in the woods about a half-mile from her mother's home in the town of Princeton, Mass., about 40 miles west of Boston. (more...)
SC jobless rate falls to lowest figure since 2001
- August 20, 2016

The largest year-to-year increase is in education and health services jobs, up 68,300 from July 2015 to total more than 1.65 million, a gain of 4.3 percent. This resulted in a decrease in the labor force of 7,288 people to a total of 2,303,434. Over the past 12 months, the county gained 76,000 payroll jobs for a gain of 1.8 percent. (more...)
Former Travelers CEO Jay Fishman dies at 63 after ALS battle Former Travelers CEO Jay Fishman dies at 63 after ALS battle
- August 20, 2016

Inspired by Travelers executive chairman Fishman, Furyk asked for the entire sum to be donated to the Bruce Edwards Foundation for ALS Research. "Our thoughts are with his wife Randy and the entire Fishman family during this hard time". "All of us with the Travelers Championship are deeply saddened by the passing of Jay Fishman". He first oversaw the business from 1998 to 2001 as Chairman, Chief Executive Officer and President of Travelers insurance business, when it was part of Citigroup Inc. (more...)
Paralympics will go ahead despite major budget cuts
- August 20, 2016

Sir Philip said: "Currently we have around 10 countries who, even if the grants are paid, may struggle to cover the cost of their travel to the Games". IPC President Sir Philip Craven described the the anti-doping system in Russia as "broken, corrupted and entirely compromised", while accusing the Russian Government of "catastrophically failing" its Para-athletes. (more...)
The good news for Donald Trump out of Ohio, Fla The good news for Donald Trump out of Ohio, Fla
- August 20, 2016

Even though polls show Hillary Clinton with an average lead of almost 10 points in the Keystone State, a recent Bloomberg/Selzer poll showed that 34 percent of all voters and 56 percent of Trump voters believe the 2016 election will be rigged. (more...)
Will Obamacare survive as insurers pull out? Will Obamacare survive as insurers pull out?
- August 20, 2016

In addition, 16 of the 23 health insurance " co-ops " - federally financed, not-for-profit insurance startups - have gone out of business, including four this year, further reducing consumers' choices. Also, state and federal governments can offer incentives to insurers to participate on the exchanges - both through carrots and sticks. "For some eligible uninsured people, enhanced subsidies and lower cost-sharing in marketplace plans may be required to facilitate enrollment, particularly for ... (more...)
Gold Lower, Weighed by Dollar, Fed Remarks
- August 20, 2016

The minutes did not spell out the timing of a future rate hike, but they disclosed that some members expected that economic conditions would "soon" warrant another increase. At home, the FTSE 100 gained 9.81 points to end the session 0.14 percent higher at 6,868.96, with a weaker dollar propping up metals prices and fuelling demand for London-listed miners. (more...)
Brent crude oil prices dip on US profit taking Brent crude oil prices dip on US profit taking
- August 20, 2016

It has been a good week for the oil market, but the volatility in the sector could turn at any time. An agreement to freeze output is within reach as Saudi Arabia, Iran and non-OPEC member Russian Federation are producing at, or close to, maximum capacity, Chakib Khelil, former OPEC president and Algerian energy minister, said in a Bloomberg Television interview on August 17. (more...)
Obama will travel to Louisiana Tuesday to view flood damage Obama will travel to Louisiana Tuesday to view flood damage
- August 20, 2016

After Trump and Pence toured the flood damage, they went to Greenwell Springs Baptist Church, to meet with Tony Perkins, president of the Family Research Council, and Franklin Graham, president and CEO of the Billy Graham Evangelistic Association and Samaritan's Purse, an worldwide Christian relief organization. (more...)
Usain Bolt Wins Third Consecutive 200M Olympic Gold
- August 20, 2016

But this was his farewell to the 200m, having said he plans to run only the 100m individually at next year's World Championships in London. Before Bolt announced his arrival at the global stage with stunning wins at the 2008 Beijing Games, Johnson's 1996 record was considered as one of the greatest feats in athletics. (more...)
Barrick Gold (ABX) Stock Slips as Gold Prices Fall
- August 20, 2016

Barrick Gold Corporation (USA) makes up approximately 9.04% of Kopernik Global Investors's portfolio. A look at performance overview of Barrick Gold Corporation depicts that Performance (Week) is -4.13 percent while Performance Month is -3.25%. (more...)
Trump Visits Louisiana Ahead Of Obama Trump Visits Louisiana Ahead Of Obama
- August 20, 2016

When it was announced that #Donald Trump would be taking a trip to Baton Rouge, many questioned his motives, which were revealed during a meeting with reporters. The Baton Rouge-based Advocate newspaper, Louisiana's largest, published an editorial Wednesday evening asking Obama to leave MA to tour the state, whose recent flooding is the worst natural disaster to hit the United States since Hurricane Sandy , according to the Red Cross . (more...)
Eddie Bauer Notifies Customers of Malware Intrusion Eddie Bauer Notifies Customers of Malware Intrusion
- August 20, 2016

There is one Eddie Bauer store in Lexington at Fayette Mall. If you recently used a debit or credit card at Eddie Bauer , your card information could be compromised. For more on data breaches, watch our video. Earlier this week, hotel operator HEI admitted that 20 of the hotels it runs around the US were hit by PoS malware over the course of about 15 months, starting in March 2015. (more...)
Manchester resort may have been hit by credit card hackers
- August 20, 2016

Malicious code created to collect card data was found on payment systems used in restaurants, bars, spas, lobby shops and other facilities at the hotels in early to mid-June, HEI said on Sunday. A hotel operator responsible for several high-profile hotels across the US says it discovered a breach of its payment processing systems that may impact hotels in several states and The District of Columbia. (more...)
Obama to visit Baton Rouge next week
- August 20, 2016

Hillary Clinton said Friday on Facebook that after talking with Edwards she would not be visiting the region, keeping the full focus there on flood recovery efforts. "Working, building, restoring together". "These are our friends, our family members, our community - and they're counting on us to reach out with open arms right now", Clinton said . (more...)
MGM boosts share of Macau division MGM boosts share of Macau division
- August 20, 2016

MGM Resorts International (MGM) declared that it has priced a public offering of $500,000,000 in aggregate principal amount of 4.625% senior notes due 2026 at par. The stock has a 50 day moving average of $23.72 and a 200-day moving average of $22.02. Among the important factors that could cause actual results to differ materially from those indicated in such forward-looking statements include effects of economic conditions and market conditions in the markets in which the Company operates and ... (more...)
IOC member Hickey moved to Rio prison during ticket probe IOC member Hickey moved to Rio prison during ticket probe
- August 20, 2016

But the judge will have to get answers without the power to compel witnesses because this is a non-statutory inquiry. Ireland's Sports Minister Shane Ross said on Thursday that the government was preparing its own judicial investigation and that he would finalise the terms of reference with the country's Attorney General on Friday. (more...)

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