Markets


ANZ sells life insurance business for $2.85 billion ANZ sells life insurance business for $2.85 billion
- December 13, 2017

Zurich will have around a 19% share of the Australian retail life insurance market after the acquisition, as well as 6% of the group life market. He also hinted that the bank would consider returning capital - made from both the Zurich and IOOF transactions - to shareholders through either dividends or share buybacks if there is money left over following regulatory and other business costs. (more...)
Google Launches AI Lab in China
- December 13, 2017

The search giant today said it's opening a research center in China , several months after it was advertising to hire AI and machine learning experts there. Chinese policymakers have voiced strong support for AI research and development in the country, but have imposed increasingly strict rules on foreign firms in the past year, including new censorship restrictions. (more...)
Could Gilead Sciences Incorporated (NASDAQ:GILD) Change Direction After Less Shorts?
- December 13, 2017

Gilead Sciences, Inc . (NASDAQ: GILD ) has declined 21.80% since December 12, 2016 and is downtrending. It has underperformed by 38.50% the S&P500. Analysts have a mean recommendation of 2.40 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). (more...)
Romanian employers Q1 2018 hiring intentions hit 9-year high - Manpower Romanian employers Q1 2018 hiring intentions hit 9-year high - Manpower
- December 13, 2017

The strongest outlooks globally are reported in the US, Japan, Taiwan and India. New Zealand hiring intentions remain generally upbeat despite wide variations across the country with strong gains in the Finance, Insurance & Real Estate and Public Administration & Education sectors, offsetting notable declines in the Transportation & Utilities and Wholesale & Retail Trade sectors. (more...)
Salvation Army prepares for Distribution Day Salvation Army prepares for Distribution Day
- December 13, 2017

Paige said many donation packages for veterans or seniors were returned with only one item. Families signed up to be selected for the program in September, and the Salvation Army interviews them before the names are added to the Angel Tree. (more...)
Glitch causes $14000 Uber ride Glitch causes $14000 Uber ride
- December 13, 2017

What in the world??? A friend of the overcharged customer tweeted on Saturday about disputing the price. When he contacted Uber, they said the fare was accurate . Uber and Lyft have been condemned for dramatically jacking up prices for their rides in the vicinity of Monday's terror attack at the Port Authority Bus Terminal in New York City. (more...)
Karen Ristevski: husband charged with murder of Melbourne woman Karen Ristevski: husband charged with murder of Melbourne woman
- December 13, 2017

Sarah Ristevski, daughter of Karen Ristevski, carries a photo of her mother at the funeral. "He will be pleading not guilty", his lawyer Rob Stary told magistrate Angela Bolger. Her remains were found in February by a member of the public in bushland at Mt Macedon, about 65km north west of Melbourne, after months of searches by investigators. (more...)
Toshiba Settles Fight With Western Digital That Imperiled a Major Deal Toshiba Settles Fight With Western Digital That Imperiled a Major Deal
- December 13, 2017

Toshiba has previously agreed to sell Toshiba Memory, the world's second-biggest producer of NAND chips, to a consortium led by Bain Capital for $18 billion to cover billions of dollars in liabilities arising from the company's now bankrupt United States nuclear power unit Westinghouse. (more...)
Bitcoin strong, but action is in alts - Litecoin triples since last week Bitcoin strong, but action is in alts - Litecoin triples since last week
- December 13, 2017

So, what the heck is Litecoin , exactly? For now, it's all to play for however and Litecoin has added a sparkle into the cryptocurrency markets this week, following the launch of the Bitcoin futures contracts on Sunday. Financial investors started to speculate that the issue that led to temporary closure was caused by the malfunctioning of identification systems which failed to validate and authenticate any new transactions and novice traders on the platform. (more...)
Former Facebook exec feels 'tremendous guilt' for what he helped make Former Facebook exec feels 'tremendous guilt' for what he helped make
- December 13, 2017

Drawing a line under what he feels are the potential threats presented by Facebook and social media in general, he drew focus to an incident in India where false reports spread over WhatsApp led to the lynching death of seven people. He joined the company when it was just a little more than a year old. When he started, he said, there was not much thought given to the long-term negative consequences of developing such a platform. (more...)
Human-sized penguins once stalked New Zealand Human-sized penguins once stalked New Zealand
- December 13, 2017

In a paper published today we reveal an ancient giant penguin which might have been the largest to ever live. " Kumimanu is also millions of years older than the other giant penguins that have made New Zealand famous". Mayr told The New York Times that the beak was like that of a stork, and "probably they speared their prey". At 55 to 60 million years old, it is almost as old as the earliest penguin ancestors ever found. (more...)
AK Steel Holding Corporation (AKS)- Major stock of Recent Trade AK Steel Holding Corporation (AKS)- Major stock of Recent Trade
- December 13, 2017

The Company also operates blast furnaces and electric arc furnaces. Amerigo Asset Management purchased a new stake in shares of United States Steel in the 3rd quarter valued at approximately $158,558,000. FEDERAL RESERVE: Shareholders were looking ahead to Wednesday, when the Federal Reserve is predictable to lift short-term interest rates by 0.25 percent. (more...)
Netflix responds after backlash over 'Christmas Prince' tweet Netflix responds after backlash over 'Christmas Prince' tweet
- December 13, 2017

The tweet's a joke, but not a very amusing one if you consider what could easily lie ahead for consumers online: less privacy and more powerful corporations. Several users called the message "creepy" and questioned how closely Netflix monitors viewing habits. While both viewpoints could be right in certain ways, it remains to be seen how Netflix responds to the hullabaloo considering that its tweet has, within a day, garnered over 100,000 retweets and 400,000 likes. (more...)
Kinder Morgan, Inc. (KMI) trades in 58.65 RSI side way market Kinder Morgan, Inc. (KMI) trades in 58.65 RSI side way market
- December 13, 2017

Mcdonalds Corp Com now has $138.11B valuation. The stock decreased 0.15% or $0.22 during the last trading session, reaching $143.55. About 1.45 million shares traded. 33,465 were accumulated by Riverpoint Mgmt Limited Co. The company was upgraded on Wednesday, December 16 by JP Morgan. When we look at the Analyst Recommendations of the stock, the company has 2.04 rating given by Analysts where 1 stands for Strong Buy and 5 stands for Strong Sell. (more...)
Condom ads restricted to run from 10 pm to 6 am Condom ads restricted to run from 10 pm to 6 am
- December 13, 2017

Talking openly about sex and contraception is still largely taboo in India. The I&B ministry have cited two provisions of Advertising Code of the Cable Television Network Rules of 1994 and raised concerns regarding the condom ads. And, it has also warned the channels to not overstep the ruling and obey the rules, because if not, "Any failure will attract action as per provisions of the rules". (more...)
Activision Blizzard (NASDAQ:ATVI) Earns Media Sentiment Score of 0.23
- December 13, 2017

Analysts have a mean recommendation of 1.90 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). 25 analysts on average are expecting Activision Blizzard, Inc .to report earnings of $0.89 per share for the current quarter. Therefore 75% are positive. (more...)
Aldi, Tesco The Big Winners In Latest Kantar Worldpanel Figures Aldi, Tesco The Big Winners In Latest Kantar Worldpanel Figures
- December 13, 2017

Morrisons' market share fell to 10.6% from 10.8% the same period a year ago despite sales rising 1.4% year-on-year. A sharp fall in the value of the pound since the Brexit vote a year ago has pushed import costs higher , putting a strain on supermarkets that have been trying to keep prices low to attract hard-hit customers in a competitive environment. (more...)
Nokia 3 getting December security patch with new update Nokia 3 getting December security patch with new update
- December 12, 2017

After more than three months of general availability , at least on supported Nexus and Pixel devices, Android Oreo is recording its first big win in the latest official platform distribution numbers. It is powered by a Snapdragon 430 processor paired with 3GB of RAM, Adreno 505 GPU and a 3,000mAh battery. It is important that the files and images stored in the device are backed up to a microSD card or a personal computer to prevent loss of important data. (more...)
United States regulator halts Munchee digital-token sale United States regulator halts Munchee digital-token sale
- December 12, 2017

The head of the US Securities and Exchange Commission has warned bitcoin and other cryptocurrency investors to beware of scams and criminal activity in the sector. The company told investors that they could expect the tokens to increase in value, and the company said it would help create a secondary market for the tokens, the SEC said. (more...)
Inflation jumps to 15-month high, IIP slows to 2.2%
- December 12, 2017

(more...)