Markets
Stocks rise, USA dollar eases as Yellen omits policy
- August 28, 2017
U.S. President Donald Trump will start publically campaigning for long-waited tax reform next week, according to his chief economic advisor Gary Cohn. USA stocks rose on Friday (Aug 25), with petroleum-linked shares lifted by energy outages related to Hurricane Harvey as Federal Reserve Chair Janet Yellen steered clear of monetary policy during her much anticipated address. (more...)
- August 28, 2017
U.S. President Donald Trump will start publically campaigning for long-waited tax reform next week, according to his chief economic advisor Gary Cohn. USA stocks rose on Friday (Aug 25), with petroleum-linked shares lifted by energy outages related to Hurricane Harvey as Federal Reserve Chair Janet Yellen steered clear of monetary policy during her much anticipated address. (more...)
Fitbit just released its first-ever wireless headphones - here's what they're like
- August 28, 2017
All of the core features that Fitbit users have come to expect from its products are onboard as well, they include 4+ day battery life, automatic activity and sleep tracking, and cross-platform compatibility. The details are pretty scant on precisely what the partnership means, but the whole thing suggests some pretty unavoidable comparisons to Apple's long-standing partnership with Nike that gave us last year's Apple Watch Nike+. (more...)
- August 28, 2017
All of the core features that Fitbit users have come to expect from its products are onboard as well, they include 4+ day battery life, automatic activity and sleep tracking, and cross-platform compatibility. The details are pretty scant on precisely what the partnership means, but the whole thing suggests some pretty unavoidable comparisons to Apple's long-standing partnership with Nike that gave us last year's Apple Watch Nike+. (more...)
About 25 percent of US Gulf oil output offline due to Harvey
- August 28, 2017
Spot prices for both measures were surging more than 1% Thursday morning, however. However, the rerouting of barrels of oil supplied by the Organization of the Petroleum Exporting Countries to Asia, primarily by de facto leader Saudi Arabia, remains a concern for some industry followers, including Jeff Quigley, director of energy markets at consulting and analytics firm Stratas Advisors. (more...)
- August 28, 2017
Spot prices for both measures were surging more than 1% Thursday morning, however. However, the rerouting of barrels of oil supplied by the Organization of the Petroleum Exporting Countries to Asia, primarily by de facto leader Saudi Arabia, remains a concern for some industry followers, including Jeff Quigley, director of energy markets at consulting and analytics firm Stratas Advisors. (more...)
Samsung Galaxy Note 8 will be expensive, but worth it
- August 28, 2017
It is not that common for a mainstream phone to cost more than $900, but Samsung surprised us all when they broke the news about the price for the Galaxy Note 8 rising up to $1,000. As for the Samsung Galaxy Note 8 , expect that the South Korean tech giant would do everything to make the latest Note version different from the Galaxy Note 7 . (more...)
- August 28, 2017
It is not that common for a mainstream phone to cost more than $900, but Samsung surprised us all when they broke the news about the price for the Galaxy Note 8 rising up to $1,000. As for the Samsung Galaxy Note 8 , expect that the South Korean tech giant would do everything to make the latest Note version different from the Galaxy Note 7 . (more...)
Amazon may to cut Whole Foods prices
- August 28, 2017
Lower prices are the first of many changes Amazon is planning to make after completing its $13.7 billion acquisition of the upscale grocery chain Monday . Wall Street might come down on Amazon a little harder - might say they're over-leveraged, spending too much money, in a war with WalMart. "Whole Foods customers are very Amazon-savvy", said Matt Sargent, Magid's senior vice president of retail. (more...)
- August 28, 2017
Lower prices are the first of many changes Amazon is planning to make after completing its $13.7 billion acquisition of the upscale grocery chain Monday . Wall Street might come down on Amazon a little harder - might say they're over-leveraged, spending too much money, in a war with WalMart. "Whole Foods customers are very Amazon-savvy", said Matt Sargent, Magid's senior vice president of retail. (more...)
Federal Reserve chair Janet Yellen defends tighter financial rules
- August 28, 2017
Hamrick also notes that because Yellen sees regulation as successful, and credits it for helping the US recover from the financial crisis, "it is a good way for her to go out" he offered. Dovetailing his comments with Ms Yellen's, Mr Draghi also addressed the issue of regulation saying that any reversal of the regulatory response to the financial crisis "would call into question whether the lessons of the crisis have indeed been learnt". (more...)
- August 28, 2017
Hamrick also notes that because Yellen sees regulation as successful, and credits it for helping the US recover from the financial crisis, "it is a good way for her to go out" he offered. Dovetailing his comments with Ms Yellen's, Mr Draghi also addressed the issue of regulation saying that any reversal of the regulatory response to the financial crisis "would call into question whether the lessons of the crisis have indeed been learnt". (more...)
Whole Foods is now selling the Amazon Echo
- August 28, 2017
The grocery chain, which has fought the "Whole Paycheck" reputation, had been under shareholder pressure to improve results as customers moved on and discount chains like Lidl and Aldi expanded in the U.S. Among other Whole Foods items getting discounts Monday: avocados, tilapia, baby kale, apples and rotisserie chicken - all organic, Amazon said. With Whole Foods now offering various private label offerings on Amazon.com, AmazonFresh and Prime Pantry , the brands will have a much greater ... (more...)
- August 28, 2017
The grocery chain, which has fought the "Whole Paycheck" reputation, had been under shareholder pressure to improve results as customers moved on and discount chains like Lidl and Aldi expanded in the U.S. Among other Whole Foods items getting discounts Monday: avocados, tilapia, baby kale, apples and rotisserie chicken - all organic, Amazon said. With Whole Foods now offering various private label offerings on Amazon.com, AmazonFresh and Prime Pantry , the brands will have a much greater ... (more...)
RBI launches Rs 200 note; promises to ramp up supply
- August 28, 2017
Last week, RBI issued the much-awaited Rs 200 denomination notes. The person told the news agency that the Mysore and Salboni printing presses were getting ready to print the new currency notes. While Rs 200 notes are being introduced to bridge the link between the Rs 100 and Rs 500 value notes, Rs 1,000 is set to narrow the wide gulf between the Rs 500- and Rs 2,000-denominated notes. (more...)
- August 28, 2017
Last week, RBI issued the much-awaited Rs 200 denomination notes. The person told the news agency that the Mysore and Salboni printing presses were getting ready to print the new currency notes. While Rs 200 notes are being introduced to bridge the link between the Rs 100 and Rs 500 value notes, Rs 1,000 is set to narrow the wide gulf between the Rs 500- and Rs 2,000-denominated notes. (more...)
Oil markets turbulent as Harvey batters Texas
- August 28, 2017
Bell. "Gasoline prices are going to continue to rise this week as we expect another three days of rain in the Houston area", Andy Lipow, president of consultant Lipow Oil Associates LLC in Houston, said by phone. "We're certainly looking at a slightly different market dynamic than we did last time we had a big weather event like this". Companies like Suncor that would certainly benefit from rising oil prices may continue to stagnate, should production continue to rise in non-OPEC regions ... (more...)
- August 28, 2017
Bell. "Gasoline prices are going to continue to rise this week as we expect another three days of rain in the Houston area", Andy Lipow, president of consultant Lipow Oil Associates LLC in Houston, said by phone. "We're certainly looking at a slightly different market dynamic than we did last time we had a big weather event like this". Companies like Suncor that would certainly benefit from rising oil prices may continue to stagnate, should production continue to rise in non-OPEC regions ... (more...)
USA gasoline prices, margins surge as Harvey hits Gulf Coast refining
- August 28, 2017
The Houston area is home to refineries that represent about one-third of the country's refining capacity. At least 2 million bpd of Gulf refining capacity is now offline and damage assessments at four Corpus Christi, Texas, area oil refineries were under way on Saturday, a first step toward resuming production. (more...)
- August 28, 2017
The Houston area is home to refineries that represent about one-third of the country's refining capacity. At least 2 million bpd of Gulf refining capacity is now offline and damage assessments at four Corpus Christi, Texas, area oil refineries were under way on Saturday, a first step toward resuming production. (more...)
South Korean media mounting division over Samsung heir verdict
- August 28, 2017
Lee's lawyers are expected to appeal soon, where the decision is likely to be taken by the country's Supreme Court, possibly next year. Under Korean law, Lee can be kept in detention a maximum of four months while a court considers his appeal. (more...)
- August 28, 2017
Lee's lawyers are expected to appeal soon, where the decision is likely to be taken by the country's Supreme Court, possibly next year. Under Korean law, Lee can be kept in detention a maximum of four months while a court considers his appeal. (more...)
Huddersfield Town sign former England goalkeeper Green
- August 28, 2017
Green has a wealth of Premier League experience that he brings to the Terriers, having played with Norwich City , West Ham United and Queens Park Rangers , not to mention worldwide experience with England World Cup appearances in 2010. (more...)
- August 28, 2017
Green has a wealth of Premier League experience that he brings to the Terriers, having played with Norwich City , West Ham United and Queens Park Rangers , not to mention worldwide experience with England World Cup appearances in 2010. (more...)
HPE's Whitman Is 'On The Fence' For Uber CEO Job
- August 28, 2017
Uber's ex-CEO Travis Kalanick is under fire, but he's hardly out of supporters. Khosrowshahi emerged as the leader among three finalists for the job during company board meetings over the weekend, the Times reported , citing two people familiar with the decision. (more...)
- August 28, 2017
Uber's ex-CEO Travis Kalanick is under fire, but he's hardly out of supporters. Khosrowshahi emerged as the leader among three finalists for the job during company board meetings over the weekend, the Times reported , citing two people familiar with the decision. (more...)
Balfour Beatty Plc (BBYB.L): A Look at Recent Performance
- August 28, 2017
The Shareholder Yield is a way that investors can see how much money shareholders are receiving from a company through a combination of dividends, share repurchases and debt reduction. More notable recent iShares MSCI Sweden Index (ETF) (NYSEARCA:EWD) news were published by: Nasdaq.com which released: "Water Oak Advisors LLC Buys iShares MSCI Sweden Capped, iShares MSCI Japan ..." on April 17, 2017, also Seekingalpha.com with their article: "Can You Invest In Sweden?" published on May 27, ... (more...)
- August 28, 2017
The Shareholder Yield is a way that investors can see how much money shareholders are receiving from a company through a combination of dividends, share repurchases and debt reduction. More notable recent iShares MSCI Sweden Index (ETF) (NYSEARCA:EWD) news were published by: Nasdaq.com which released: "Water Oak Advisors LLC Buys iShares MSCI Sweden Capped, iShares MSCI Japan ..." on April 17, 2017, also Seekingalpha.com with their article: "Can You Invest In Sweden?" published on May 27, ... (more...)
BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp Purchases 5200 Shares of Encana Corporation (ECA)
- August 28, 2017
Encana Corporation (ECA ) now has a Return on Assets (ROA) value of 5.4 Percent. DekaBank Deutsche Girozentrale raised its stake in Encana Corporation by 85.8% in the second quarter. The ex-dividend date is set for Tuesday the 13th of June 2017. Its book value per share for the most recent quarter is $6.97 while its price to book ratio for the same period is 1.33, as for as the company's cash per share for the most recent quarter is $0.41, however its price to cash per share ratio for the ... (more...)
- August 28, 2017
Encana Corporation (ECA ) now has a Return on Assets (ROA) value of 5.4 Percent. DekaBank Deutsche Girozentrale raised its stake in Encana Corporation by 85.8% in the second quarter. The ex-dividend date is set for Tuesday the 13th of June 2017. Its book value per share for the most recent quarter is $6.97 while its price to book ratio for the same period is 1.33, as for as the company's cash per share for the most recent quarter is $0.41, however its price to cash per share ratio for the ... (more...)
Hurricane Harvey Has Knocked Out 25 Per Cent Of Gulf Gas Production
- August 28, 2017
Other industries from shipping to air travel are also seeing the impact of the first major hurricane to hit the refinery-rich Texas coast in almost a decade. Federal Reserve Chair Janet Yellen on the outlook for monetary policy and interest rates. The storm has intensified since Thursday and could potentially be the biggest hurricane to hit the USA mainland in 12 years. (more...)
- August 28, 2017
Other industries from shipping to air travel are also seeing the impact of the first major hurricane to hit the refinery-rich Texas coast in almost a decade. Federal Reserve Chair Janet Yellen on the outlook for monetary policy and interest rates. The storm has intensified since Thursday and could potentially be the biggest hurricane to hit the USA mainland in 12 years. (more...)
Runways Flooded At Houston Hobby Airport, Flights Canceled
- August 27, 2017
Alaska Airlines has issued a change-fee waiver for flights out of Austin, San Antonio and Houston. IB/OB roads are closed due to flooding. Houston's George Bush Intercontinental Airport, which files to both New Orleans and Baton Rouge's airports, is also closed. (more...)
- August 27, 2017
Alaska Airlines has issued a change-fee waiver for flights out of Austin, San Antonio and Houston. IB/OB roads are closed due to flooding. Houston's George Bush Intercontinental Airport, which files to both New Orleans and Baton Rouge's airports, is also closed. (more...)
Jeff Immelt of General Electric quits race to be Uber boss — BBCI
- August 27, 2017
Jeff Immelt has withdrawn himself from contention to be the next CEO of Uber . Kalanick's resignation came following multiple lawsuits and an investigation into workplace culture, headed by former U.S. But some of the board is now favoring Hewlett Pack Enterprise CEO Meg Whitman , which might have caused Immelt to depart the competition. Two of Uber's stockholders are demanding access to Uber's books in an effort to prove that Benchmark Capital leaked confidential information about ... (more...)
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- August 27, 2017
Jeff Immelt has withdrawn himself from contention to be the next CEO of Uber . Kalanick's resignation came following multiple lawsuits and an investigation into workplace culture, headed by former U.S. But some of the board is now favoring Hewlett Pack Enterprise CEO Meg Whitman , which might have caused Immelt to depart the competition. Two of Uber's stockholders are demanding access to Uber's books in an effort to prove that Benchmark Capital leaked confidential information about ... (more...)
Restaurant Brands International Inc. (QSR) PT Set at $68.00 by UBS AG
- August 27, 2017
Its licensees include companies to which the audio-visual rights are licensed for exhibition in various formats, such as Pay Television, Free or Broadcast Television, video-on-demand (VOD), subscription on demand (SVOD) and digital video discs/compact discs (DVDs/CDs), and companies that develop and distribute products based on its content within different product categories, such as toys, electronics, publishing, home goods, stationary and gifts. (more...)
- August 27, 2017
Its licensees include companies to which the audio-visual rights are licensed for exhibition in various formats, such as Pay Television, Free or Broadcast Television, video-on-demand (VOD), subscription on demand (SVOD) and digital video discs/compact discs (DVDs/CDs), and companies that develop and distribute products based on its content within different product categories, such as toys, electronics, publishing, home goods, stationary and gifts. (more...)
Alexandria Real Estate Equities, Inc. (NYSE:ARE) Shares Move 0.40%
- August 27, 2017
The Algert Global Llc holds 24,188 shares with $2.50 million value, down from 35,978 last quarter. Invesco Limited invested 0% in Investors Real Estate Trust (NYSE:IRET). As per Thursday, May 12, the company rating was downgraded by TD Securities. The rating was maintained by Wunderlich on Friday, August 5 with "Buy". On Tuesday, October 25 the stock rating was maintained by JP Morgan with "Neutral". (more...)
- August 27, 2017
The Algert Global Llc holds 24,188 shares with $2.50 million value, down from 35,978 last quarter. Invesco Limited invested 0% in Investors Real Estate Trust (NYSE:IRET). As per Thursday, May 12, the company rating was downgraded by TD Securities. The rating was maintained by Wunderlich on Friday, August 5 with "Buy". On Tuesday, October 25 the stock rating was maintained by JP Morgan with "Neutral". (more...)
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Oil prices reach highest in almost a year as producers restrain output