Markets


Stock within Investors Screening: Autodesk, Inc.'s (ADSK) Stock within Investors Screening: Autodesk, Inc.'s (ADSK)
- August 27, 2016

Deferred income surged 23 percent to $1.52 billion as compared to $1.24 billion in the q2 previous year. Autodesk reported earnings per share of 5 cents for the second quarter of fiscal 2017. Now the stock price is moving -3.16% off from the highest level of twelve months and +53.13% above from twelve months low. The 52 week high of Autodesk, Inc.'s shares is 68.57 whilst the 52 week low for the company's shares is 41.6. (more...)
Oil prices dip, talks with Saudi Arabia on output doubtful Oil prices dip, talks with Saudi Arabia on output doubtful
- August 27, 2016

In an interview with Bloomberg News, Falih said: "I don't believe that an intervention of significance is required". Iran was unwilling to go along with a production freeze in April when it was proposed by Saudi Arabia and Russian Federation because it remained far from that goal. (more...)
LCG: US Hawks versus Doves at Yellen speech
- August 26, 2016

While we do not expect Yellen to explicitly pre-commit to raising interest rates at the September 20-21 FOMC meeting, she will no doubt want to retain the optionality of hiking next month if economic and financial conditions permit. "There are two views on what she'll say; either that she'll take a step forward in her reference to the rate hike, or she won't mention it at all". "After a week where most markets have barely moved from where they started, there are likely a number of traders who ... (more...)
Jeremy Corbyn pledges extra arts cash for schools
- August 26, 2016

He told Mr Corbyn: "The reality is in the a year ago when you've been leader of the Labour party across the United Kingdom, we've gone from second to third behind the Tories". "Decisions are made by elected NEC members, and not party staff", he said in a tweet directed at Mr McDonnell. "There are many people who have voted for, or even joined, the SNP who want to see numerous changes we want to implement". (more...)
Dirty laundry: Welspun tangle highlights India's quality challenge Dirty laundry: Welspun tangle highlights India's quality challenge
- August 26, 2016

Welspun's shares have fallen more than 40 percent since Friday on the BSE, the largest exchange in India, and were down 8 percent Thursday. Trident is one of our current vendors, " said Target spokeswoman Molly Snyder, Bloomberg reported. (more...)
Woman jostled on NYC subway loses grip on crickets and worms
- August 26, 2016

A group of teenagers pushed her, prompting her to freak out and toss the box of pests into the air, said witnesses. An heir to Colonel Sanders may have given the super secret recipe for the notorious eleven herbs and spices in the KFC batter to a reporter, which is the one thing you're not supposed to do. (more...)
Rackspace to be taken private in $4.3 billion acquisition Rackspace to be taken private in $4.3 billion acquisition
- August 26, 2016

While the Rackspace board of directors have already approved the deal, shareholders haven't, though it's expected that they will given the company's decline over the past few years. Morgan Stanley also provided services in connection with the transaction. The company has traded on the New York Stock Exchange (NYSE) since 2008, but the acquisition announced today is essentially a means to take Rackspace private again. (more...)
Apple issues iOS patch to thwart powerful spyware Apple issues iOS patch to thwart powerful spyware
- August 26, 2016

Earlier this month, United Arab Emirates (UAE)-based human rights activist Ahmed Mansoor received two seemingly work-related text messages, the first on August 10 and the second on the 11th: if he clicked on some links, Mansoor would have access "new secrets " about detainees tortured in UAE jails. (more...)
Apologetic Lloyds CEO plans to stay amid private life scrutiny Apologetic Lloyds CEO plans to stay amid private life scrutiny
- August 26, 2016

According to Sun, the booking was in Horta-Osorio's name but used the Lloyds address though the tabloid said it was unclear whether he or the bank paid the bill - but, a subsequent internal Lloyds investigation found he had not claimed business expenses for personal expenditure. (more...)
Urjit Patel competent economist: Arun Jaitley
- August 26, 2016

Indian bonds and currency fell on Monday as investors took the appointment of Urjit Patel as the next governor of the Reserve Bank of India as a signal of policy continuity at the central bank, making a near term cut in interest rates unlikely. (more...)
Finance Minister to participate in the 8thSAARC Finance Ministers' Summit in Pakistan
- August 26, 2016

The Prime Minister expressed the confidence that the deliberations of Finance Ministers would complement the agenda of the 19th SAARC summit, which Pakistan looks forward to host in Islamabad on 9th and 10th of November this year. They are having overall economic outlook of SAARC economies and global impact on SAARC region. The ministerial meeting on Friday August 26 presided by Pakistani PM Nawaz Sharif will be preceded by a meeting of finance secretaries on Thursday. (more...)
EpiPen price increase impacts New Hampshire family
- August 26, 2016

Sen. He has applauded Mylans actions. Mylan CEO Heather Bresch defended her company's price increases Thursday, telling CNBC that lowering the price was not an option. That brought in sales of almost $1.7 billion for Mylan. Mylan also said it would double the income level at which families are eligible for assistance in purchasing the medication to four times the federal poverty level, which is $24,300 for a family of four. (more...)
Sensex begins new series on muted note, US Federal summit eyed Sensex begins new series on muted note, US Federal summit eyed
- August 26, 2016

Major losers included Wipro (3.00 pc), L&T (2.02 pc), Adani Ports (1.75 pc), Infy (1.52 pc), SBI (1.34 pc), Sun Pharma (1.16 pc), HUL (0.85 pc), Bharti Airtel (0.85 pc), Power Grid (0.85 pc), TCS (0.82 pc), ICICI Bank (0.77 pc) and Lupin (0.68 pc). (more...)
Rajan welcomes Patel as successor at Indian central bank Rajan welcomes Patel as successor at Indian central bank
- August 26, 2016

Meanwhile, EIU's Baptist said combined with the news that the the Upper House has passed legislation to create a nation-wide goods and services tax, Patel's appointment represents further reason to be reassured about future Indian policy-making. (more...)
Marathon Oil Corporation's (MRO)
- August 26, 2016

The consensus price target (PT) of $18.08 means that the market expects Company shares to increase by 12.93% in the short run. EPS growth in past five years was -45.20%. The Board of Directors of Alcoa Inc. Moreover, Columbia Pacific Advisors Llc has 3.82% invested in the company for 458,886 shares. The company exchanged total volume of 19.69 million shares throughout course of last trade however it holds an average trading capacity of 24.53 million shares. (more...)
Sarah Jessica Parker cuts ties with EpiPen over price hikes
- August 26, 2016

Even with insurance coverage, Kornrumph said she couldn't afford the potentially life-saving drug. “Everybody suffers, except the Mylan investors.”. Members of the Congress who began demanding explanation for the EpiPen price increases in the past days included Senate Judiciary Chairman Charles Grassley, R-Iowa, and Sen. (more...)
First self-driving taxis roll in Singapore First self-driving taxis roll in Singapore
- August 26, 2016

People can avail the taxi service by downloading the app and ride for free the "robo-taxi" in a western Singapore hi-tech business district. In order to do this, the company has put a few self-driving cars on the roads of Singapore , which clients can opt to ride in like a taxi service. (more...)
World's first self-driving taxis debut in Singapore World's first self-driving taxis debut in Singapore
- August 26, 2016

The ride-hailing leader announced that it would include self-driving cars in its Pittsburgh fleet as soon as this month. The Singapore-based service will commence with six cars and plans to expand to around 12 vehicles by the end of 2016. (more...)
Herbalife Falls After Ackman Says Icahn Tried to Sell Stake Herbalife Falls After Ackman Says Icahn Tried to Sell Stake
- August 26, 2016

Herbalife , a multi-level marketing company that sells nutritional supplements and energy drinks, has been at the center of attention for investors ever since Ackman, the activist manager of hedge fund Pershing Square Capital Management , has been betting against the company. (more...)
Southern California wildfire fully contained Southern California wildfire fully contained
- August 26, 2016

Forest Service. In neighboring Yellowstone, a fire grew near West Entrance Road. Researchers are dissecting a wildfire by measuring how fast pine needles burn and how a fire can propel itself, even without wind. On Tuesday, the supervisors voted to extend the proclamation of local emergency for the Soberanes Fire and added the Chimney Fire after that fire reached into Monterey County on Monday. (more...)