Markets


Notley reiterates threat to Notley reiterates threat to "turn off the taps" to BC
- May 18, 2018

Both signalled they were confident another company would want the project if Kinder Morgan chose to balk. "I think it is time for us to look at this formula of equalization to ensure that provinces such as Saskatchewan can continue to be contributors, " he said. (more...)
'It: Chapter 2' Taps Andy Bean to Play Stanley 'It: Chapter 2' Taps Andy Bean to Play Stanley
- May 18, 2018

Now, two additional members of the Losers' Club have been assembled for their inevitable rematch with Pennywise the Clown . The younger version of Uris was portrayed by Wyatt Oleff in the first part of the film , while Kaspbrak was portrayed by Jack Dylan Grazer . (more...)
Starbucks accused of racism again: Hispanic customer's cup had slur in CA Starbucks accused of racism again: Hispanic customer's cup had slur in CA
- May 18, 2018

A spokesperson for Starbucks told INSIDER that "this kind of mistake is unacceptable". What can I tell you? With less than two weeks to go before the coffee chain closes stores nationwide to educate its almost 175,000 workers on how not to discriminate against others, Starbucks ( SBUX ) this week found itself apologizing for doing just that. (more...)
First glimpse of BMW iNEXT - BMW Group previews Vision Vehicle in 2018 First glimpse of BMW iNEXT - BMW Group previews Vision Vehicle in 2018
- May 18, 2018

Releasing a single arty side profile shot of what looks a little like a sporty shooting brake but is actually another SUV, BMW says the iNEXT is a pure-electric concept that will preview a real production model to go on sale in 2021. So far, BMW's "Vision Vehicles" have been highly experimental show cars that can give some design cues about the automaker's future, but that's about it. (more...)
Traders Purchase iShares China Large-Cap ETF (FXI) on Weakness Traders Purchase iShares China Large-Cap ETF (FXI) on Weakness
- May 18, 2018

A certain stock may be considered to be on an uptrend if trading above a moving average and the average is sloping upward. Turning to some additional indicators on the charts, Tbc Bank Group Plc (TBCG.L) now has a 50-day Moving Average of 1805.72, the 200-day Moving Average is 1691.4, and the 7-day is noted at 1737.71. (more...)
JC Penney Options Bears Win Big After Earnings JC Penney Options Bears Win Big After Earnings
- May 17, 2018

Where the Level Of Risk Stands For This Stock? Current volume in a stock, relative to prior volume, shows if interest is higher or lower in a stock than it was before. This stock's ATR (Average True Range) is now 0.17, and its beta factor is now 0.71. The stock is remained in positive radar as stock is rising. Going into the after-hours earnings report, the stock is working on the right side of a consolidation. (more...)
Cisco Systems Inc Q4 2017 Big Money Sentiment Better Than Expected Cisco Systems Inc Q4 2017 Big Money Sentiment Better Than Expected
- May 17, 2018

Cisco Systems reported sales of $11.94 billion during the same quarter last year, which would suggest a positive year-over-year growth rate of 4%. The disclosure for this sale can be found here. Over the last three months, insiders sold 46,986 shares of company stock valued at $2,116,422. Cisco spent $6 billion in the April quarter to repurchase its own stock. (more...)
Charges After Airport Security Breach Charges After Airport Security Breach
- May 17, 2018

Unlike a previous security breach at the airport in October , when a man was hit with a Taser by the police after he stormed the tarmac to a Jetstar plane and broke a glass panel in an attempt to board it, the authorities were able to restrain the man without resorting to violence. (more...)
Oil tops $80 a barrel on Iran deal fears Oil tops $80 a barrel on Iran deal fears
- May 17, 2018

However, it's reported that prices for black gold may soar even higher, as an agreement between the Organization of the Petroleum Exporting Countries (OPEC) and other major producers, including Russian Federation, to slash output is still helping to reduce supply. (more...)
Walmart tops expectations, sees big boost in global sales Walmart tops expectations, sees big boost in global sales
- May 17, 2018

Funds own 865.70 million shares, down from 881.34 million shares in 2017Q3. (NYSE: WMT ). Mechanics Natl Bank Tru Department stated it has 26,937 shs or 0.6% of all its holdings. In terms of the number of analysts that have the stock rated as a Buy or Strong Buy, we can see that the number is now 11. The company presently has a consensus rating of "Buy" and an average target price of $98.71. (more...)
Ocado strikes 'transformational' deal with USA giant Kroger Ocado strikes 'transformational' deal with USA giant Kroger
- May 17, 2018

Kroger and Ocado are working to choose the first three sites for 2018 for development of automated warehouse facilities in the U.S. Ocado said up to a total of 20 facilities will be identified for development over the first three years of the agreement. (more...)
Tesla driver issued citation after crash involving 'autopilot' technology Tesla driver issued citation after crash involving 'autopilot' technology
- May 17, 2018

The driver of a Tesla Model S sedan reportedly was traveling at 60 miles per hour when it smashed into a fire truck stopped at a red light near Salt Lake City on Friday night. The driver, who suffered a broken foot in the accident, has not been identified. The South Jordan Police Department confirmed today that the driver received a traffic citation for "failure to keep proper lookout". (more...)
Circle Announces USD Coin & Bitmain Partnership Circle Announces USD Coin & Bitmain Partnership
- May 17, 2018

The China-based crypto-mining giant, Bitmain Technologies has invested $110 million, valuing the exchange at $3 billion in the new investment round. "It's a version of fiat that can move at the speed of the Internet with global reach, with much less cost, with high levels of security", Circle CEO Jeremy Allaire said in an interview at an industry conference Monday. (more...)
US Senate votes to restore net neutrality US Senate votes to restore net neutrality
- May 17, 2018

The 52-47 vote, which saw three Republicans vote against their own side, used the Congressional Review Act - one of the checks and balances specifically created to fix problems caused by government agencies headed up by people who think they cool, but they not . (more...)
Britain slashes top stake on gambling machines to £2 Britain slashes top stake on gambling machines to £2
- May 17, 2018

Currently, you can bet up to £100 every 20 seconds the terminals. Civil society minister Tracey Crouch, who is MP for Chatham and Aylesford, said the machines were being curtailed to "stop extreme losses by those who can least afford it". (more...)
Will Trump turn out to be right about Iran? Will Trump turn out to be right about Iran?
- May 17, 2018

German Chancellor Angela Merkel has acknowledged that the Iran nuclear deal "certainly has weaknesses" but says it should be preserved. Calling the accord as an "embarrassment" that was "defective at its core", he also warned of severe consequences if Iran resumes its nuclear programme. (more...)
Pro-Trump Lawyer Has Meltdown When Deli Worker Speaks Spanish in NYC Pro-Trump Lawyer Has Meltdown When Deli Worker Speaks Spanish in NYC
- May 17, 2018

Though the exact provenance of the word "Manhattan", which the man says during his rant, might be in dispute , it should be noted that it is derived from the Native American Algonquian languages, not English. 'He got mad, waiting in line for his food. "He stormed out." Despite how infuriating the man's comments were, "He's a customer, so I had to stay professional and ask him to leave", the manager also said. (more...)
IShares MSCI Emerging Markets Asia ETF (EEMA) Forms H&S at $73.44 IShares MSCI Emerging Markets Asia ETF (EEMA) Forms H&S at $73.44
- May 17, 2018

Then the "price" is smoothed using a mofidied Wilders' smoothing algorithm. This range falls on a scale between 0 and 100. The STC indicator fluctuates between 0 and 100. Presently, the stock has a 14-day RSI of 41.56 and the 7-day is sitting at 46.93. We can also do some further technical analysis on the stock. The ADX is a technical indicator developed by J. (more...)
Tesla preparing to build factory in Shanghai? Tesla preparing to build factory in Shanghai?
- May 17, 2018

A representative for Tesla China wasn't able to comment immediately. It was not clear if the new firm was related to the anticipated Shanghai plant. Now all Tesla cars sold in China are imported from the US. Musk has also eluded in the past that the company will produce the Model 3 and Model Y in China, while the more expensive Model S and Model X aren't likely to see Chinese production. (more...)
Ford to restart Super Duty at Kentucky Truck Plant by May 21 Ford to restart Super Duty at Kentucky Truck Plant by May 21
- May 17, 2018

On Monday, its Kansas City and F-Series Super Duty truck production in Louisville, Kentucky, will go back online. Ford wanted to resume production of the popular and profitable models as quickly as possible and this required a herculean effort. (more...)