Markets


F1-Hamilton consolidates lead with Singapore triumph
- September 19, 2017

It was a thrilling race with Vettel , Raikkonen and Verstappen all now hauled to a stewards' investigation to examine who was at fault for the start. Behind Mercedes on the Singapore grid is Renault's Nico Hulkenberg in P7, followed by the two McLarens, then the Toro Rosso of Carlos Sainz. Jolyon Palmer finished sixth. (more...)
Moscow favours political,diplomatic solution of North Korea crisis
- September 19, 2017

Shortly after the launch , South Korean president Moon Jae-in called an urgent national security council meeting, according to that country's Yonhap news agency. "As recognized by the whole world, we have made all these achievements despite the United Nations sanctions that have lasted for decades", the agency quoted Kim as saying. (more...)
Equifax was reportedly hacked nearly five months before its first disclosed date
- September 19, 2017

Equifax disclosed the incident publicly on September 7. The Securities and Exchange Commission is working with prosecutors on the investigation into stock sales, according to another person familiar with the matter. The second hack, which has dominated headlines and crashed Equifax's stock since it was announced earlier this month, exposed Social Security numbers, birth dates and other personal information. (more...)
Asia markets follow Wall St rally as eyes turn to Fed meeting Asia markets follow Wall St rally as eyes turn to Fed meeting
- September 19, 2017

Charles Schwab added 60 cents, or 1.5 percent, to $40.81, while Bank of America rose 37 cents, or 1.5 percent, to $24.75. Last week was the greenback's best against the yen since November, up 2.8 percent, as a rise in US yields bolstered its appeal against the low-yielding yen and data showing a pickup in USA consumer prices helped kindle expectations that the Fed could hike rates again in December. (more...)
Equifax timeline on breach detailed but unclear Equifax timeline on breach detailed but unclear
- September 19, 2017

But Garcia, of Healthguard IT Security, says there's a less expensive option that can work just as well: freeze your credit, which locks it like a bank vault. Later, the company took the faulty web application offline. Bloomberg reported that the U.S. Department of Justice is investigating whether three executives at Equifax violated insider trading laws after it was revealed that they had sold almost $2 million worth of Equifax stock in the days before the breach was announced to the ... (more...)
Military drills bracket North Korea Military drills bracket North Korea
- September 18, 2017

China Foreign Ministry spokeswoman Hua Chunying lectured the U.S. - "The nature of the North Korea nuclear problem is a security issue". "The world will never accept a nuclear-armed North Korea ", U.S. As revealed by Russian President Vladimir Putin, unlike Arab leaders Saddam Hussein and Muammar Gaddafi, it's impossible to scare Kim Jong-un into submission, let alone trick him to give-up the nuclear weapon programme. (more...)
Utilities in US Southeast restore power to almost half hit by Irma Utilities in US Southeast restore power to almost half hit by Irma
- September 18, 2017

Gould said it would take until the end of September 22 to restore power along the state's western coast where the damage was much more severe. There are exceptions, FPL vice president and chief communications officer Rob Gould said Tuesday. (more...)
Safe Kids Wyoming: Most Child Safety Seats Not Used Correctly Safe Kids Wyoming: Most Child Safety Seats Not Used Correctly
- September 18, 2017

The goal is to reach zero traffic-related fatalities through coordinated agency-to-agency efforts that help reduce risky driving behaviors by changing the overall traffic safety culture. It's a week dedicated to raising awareness for children's vehicle safety. “Booster seats can save lives and are as important as any of the other restraints. (more...)
Oil prices slip, but hold near recent highs Oil prices slip, but hold near recent highs
- September 18, 2017

Prices advanced 3.6 per cent this week. "During this meeting, we discussed oil market stability and attraction of cooperation of non-OPEC producers in order to ensure further stability in the market", Zangeneh was quoted by the ministry's news website SHANA as saying. (more...)
MGM Resorts International (MGM) Position Lowered by Capital Fund Management SA MGM Resorts International (MGM) Position Lowered by Capital Fund Management SA
- September 18, 2017

The stock declined 0.03% or $0.01 reaching $31.91 per share. Bank of America Corporation reissued a "buy" rating and issued a $40.00 price target (up previously from $38.00) on shares of MGM Resorts International in a research report on Friday, September 8th. (more...)
Toys 'R' Us considers bankruptcy as vendors tighten screws Toys 'R' Us considers bankruptcy as vendors tighten screws
- September 18, 2017

In 2005, private equity firms Bain Capital and KKR and the real estate investment trust Vornado took Toys R Us private in a $6.6 billion deal. The toy merchant's move underscores the deep distress rippling through retailers of all sizes as consumers increasingly shop online at sellers such as Amazon.com Inc (AMZN.O) or go to discounters such as Wal-Mart Stores Inc (WMT.N). (more...)
Northrop Close to Reaching Deal to Acquire Orbital ATK Northrop Close to Reaching Deal to Acquire Orbital ATK
- September 18, 2017

The purchase is expected to close in the first half of 2018 barring any regulatory hurdles. Orbital ATK, based in Dulles, holds a contract with NASA to resupply the International Space Station. The U.S. military on Monday flew advanced bombers and stealth jets over the Korean Peninsula and near Japan, three days after North Korea fired a missile over Japan. (more...)
Celebrate #ShackWeek with Shake Shack and DoorDash Celebrate #ShackWeek with Shake Shack and DoorDash
- September 18, 2017

There will be a limit of one per customer. Just mention the cheeseburger day deal when you are ordering. Cheeseburger in Paradise - Grab a half-pound All-American Burger with a side of fries for just $6. Customers who complete the challenge will receive a $20 gift card and a free T-shirt stating their victory. Together with Shake Shack , we are launching #ShackWeek starting tomorrow, 9/12 through Monday, 9/18 - aka, a week of free Shake Shack delivery for orders over $12 via ... (more...)
Gordon Loses Court Bid To Challenge CBS Takeover Of Ten Gordon Loses Court Bid To Challenge CBS Takeover Of Ten
- September 18, 2017

A spokesman for the administrators has confirmed the meeting will go ahead, with creditors to be given the opportunity to vote on adjourning the meeting to allow further time to consider the Gordon-Murdoch offer. According to commentators, unless the administrators and creditors voluntarily agree to postpone the meeting, or there is an appeal and injunction today, the fate of Australia's third commercial TV network is likely to be decided on Tuesday. (more...)
Slack hits $5 billion valuation on its journey to IPO Slack hits $5 billion valuation on its journey to IPO
- September 18, 2017

Collaboration giant Slack is now worth $5.1 billion, after raising $250 million in a funding round led by SoftBank . "The Vision Fund's focus on global technology platforms aligns with our recent worldwide expansion, while Accel has been with us as investors and partners from the very beginning", Slack CEO Stewart Butterfield said in a statement. (more...)
Davis Cup: France wins doubles, leads Serbia 2-1 in semis Davis Cup: France wins doubles, leads Serbia 2-1 in semis
- September 18, 2017

John Millman must now beat world No.77 Steve Darcis for Australia to progress to the final. But Pouille insisted despite their rankings superiority the semi-final was no foregone conclusion for France ."We are not over confident, we've got an enormous amount of respect for this team ( Serbia ) which has a lot of very good players", said Pouille. (more...)
Nifty registers new closing high, Sensex spikes 150 points Nifty registers new closing high, Sensex spikes 150 points
- September 18, 2017

According to market observers, the rally of the indices, along with persistent pumping in of funds by domestic investors (DIIs), was aided by fresh influx of funds by foreign institutional investors (FIIs). The market breadth was positive as 1515 shares advanced against a decline of 1109 shares, while 165 shares were unchanged. Previously, it had closed at a high of 10,114.65 points on August 1. (more...)
Northrop Grumman Corporation (NOC) Buying Orbital ATK In Defense Mega Northrop Grumman Corporation (NOC) Buying Orbital ATK In Defense Mega
- September 18, 2017

Orbital ATK shareholders will receive all-cash consideration of $134.50 per share. An Orbital ATK investor presentation released by the company also emphasized the complementary nature of the deal. The acquisition, which would establish Orbital as a new, fourth business sector under Northrop, also comes ahead of a likely jump in demand from the planned upgrades of US ballistic systems. (more...)
Ryanair to cancel 40-50 flights per day for 6 weeks, Report Ryanair to cancel 40-50 flights per day for 6 weeks, Report
- September 18, 2017

In unprecedented levels of disruption at the company Ryanair today cancelled over 160 flights within 48 hours. Europe's largest airline by passenger numbers sent emails to the first affected passengers on Friday, giving them the choice of a refund or an alternative flight , and has so far issued cancellation notices up until Wednesday. (more...)
Davis Cup: India lose 3-2 to Canada Davis Cup: India lose 3-2 to Canada
- September 18, 2017

Later, Yuki Bhambri won the dead fifth rubber against Brayden Schnur 6-4, 4-6, 6-4 as India lost the World Group Play-off tie 3-2 to the hosts. "It's my first five-set match, for sure the longest I have been on the court", Shapovalov said. (more...)

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