Markets


Yellen suggests rate hike is coming but offers no timetable
- August 27, 2016

Instead, she stressed, as she frequently has, that the Fed's rate decisions will depend on whether the freshest economic data continues to confirm its outlook. Others say they foresee no action until December, after the elections, in at the earliest. Her reference to "over the next few years" triggered some market-chatter to the effect that perhaps Yellen might not have been as hawkish as it initially appeared. (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...)

« previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 372 373 374 375 376 377 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 393 394 395 396 397 398 399 400 401 402 403 404 405 406 407 408 409 410 411 412 413 414 415 416 417 418 419 420 421 422 423 424 425 426 427 428 429 430 431 432 433 434 435 436 437 438 439 440 441 442 443 444 445 446 447 448 449 450 451 452 453 454 455 456 457 458 459 460 461 462 463 464 465 466 467 468 469 470 471 472 473 474 475 476 477 478 479 480 481 482 483 484 485 486 487 488 489 490 491 492 493 494 495 496 497 498 499 500 501 502 503 504 505 506 507 508 509 510 511 512 513 514 515 516 517 518 519 520 521 522 523 524 525 526 527 528 529 530 531 532 533 534 535 536 537 538 539 540 541 542 543 544 545 546 547 548 549 550 551 552 553 554 555 556 557 558 559 560 561 562 563 564 565 566 567 568 569 570 571 572 573 574 575 576 577 578 579 580 581 582 583 584 585 586 587 588 589 590 591 592 593 594 595 596 597 598 599 600 601 602 603 604 605 606 607 608 609 610 611 612 613 614 615 616 617 618 619 620 621 622 623 624 625 626 627 628 629 630 631 632 633 634 635 636 637 638 639 640 641 642 643 644 645 646 647 648 649 650 651 652 653 654 655 656 657 658 659 660 661 662 663 664 665 666 667 668 669 670 671 672 673 674 675 676 677 678 679 680 681 682 683 684 685 686 687 688 689 690 691 692 693 694 695 696 697 698 699 700 701 702 703 704 705 706 707 708 709 710 711 712 713 714 715 716 717 718 719 720 721 722 723 724 725 726 727 728 729 730 731 732 733 734 735 736 737 738 739 740 741 742 743 744 745 746 747 748 749 750 751 752 753 754 755 756 757 758 759 760 761 762 763 764 765 766 767 768 769 770 771 772 773 774 775 776 777 778 779 780 781 782 783 784 785 786 787 788 789 790 791 792 793 794 795 796 797 798 799 800 801 802 803 804 805 806 807 808 809 810 811 812 813 814 815 816 817 818 819 820 821 822 823 824 825 826 827 828 829 830 831 832 833 834 835 836 837 838 839 840 841 842 843 844 845 846 847 848 849 850 851 852 853 854 855 856 857 858 859 860 861 862 863 864 865 866 867 868 869 870 871 872 873 874 875 876 877 878 879 880 881 882 883 884 885 886 887 888 889 890 891 892 893 894 895 896 897 898 899 900 901 902 903 904 905 906 907 908 909 910 911 912 913 914 915 916 917 918 919 920 921 922 923 924 925 926 927 928 929 930 931 932 933 934 935 936 937 938 939 940 941 942 943 944 945 946 947 948 949 950 951 952 953 954 955 956 957 958 959 960 961 962 963 964 965 966 967 968 969 970 971 972 973 974 975 976 977 978 979 980 981 982 983 984 985 986 987 988 989 990 991 992 993 994 995 996 997 998 999 next »