Markets


Mylan cuts EpiPen costs after Clinton criticism
- August 28, 2016

Charles Grassley wrote the company that manufactures the devices, and asked for more information on why the prices have increased. Neither did Mylan nor Bresch's father, Manchin, whose Senate colleagues are calling for hearings on the price of EpiPens , and one of whom, Sen. (more...)
Zika virus found in Miami Beach
- August 28, 2016

Dr. Tom Frieden, Director of US Centers for Disease Control and Prevention. Sen. Harry Reid of Nevada said in a statement Friday that the transmission of Zika in Miami Beach was the most alarming development yet, and the threat to the country's health and economy has never been greater. (more...)
Trump aide's ex-wife claims he made anti-Semitic remarks Trump aide's ex-wife claims he made anti-Semitic remarks
- August 28, 2016

Stephen Bannon , left, chief executive of Republican Donald Trump's campaign, is pictured during a roundtable with Trump, right, and the members of the Republican Leadership Initiative in NY on August 25. "The biggest problem he had with Archer (School for Girls) is the number of Jews who attend", she also said in the court declaration. Neighbors of the Coconut Grove home where Bannon is registered to vote told The Guardian the house has been abandoned for three months, and said they had ... (more...)
Liverpool boss Klopp: 2 points missed Liverpool boss Klopp: 2 points missed
- August 28, 2016

Spurs pushed for an equaliser after the break and they managed to level the scores when Danny Rose crashed in an effort after finding space at the back post. "They are a good defensive team so it's very hard to create one chance, but we had a few". "We did it really good, but we're really flexible in offensive defending". (more...)
GW&K Investment Management LLC Purchases 50620 Shares of Cisco Systems Inc. (CSCO)
- August 28, 2016

Cisco Systems Inc (NASDAQ:CSCO) is laying off about 14,000 employees, representing almost 20 percent of the network equipment maker's global workforce, technology news site CRN reported, citing sources close to the company. Overweight rating was given by 1 analysts and Underweight rating was given by 0 analysts. If you are selling a stock, you are going to get the bid price, if you are buying a stock you are going to get the ask price. (more...)
TSX, Wall Street rise after Yellen hints rate hike coming TSX, Wall Street rise after Yellen hints rate hike coming
- August 28, 2016

Yellen, speaking at an worldwide gathering of central bankers and academics in Jackson Hole, Wyoming, did not say when the US central bank would raise borrowing costs, and investors remained skeptical that such a move was imminent. Yellen cited the range of predictions from Fed policy makers according to whom there was a 70 per cent probability that rates would be between 0 per cent and 3.25 per cent by the end of 2017. (more...)
London's 24-Hour 'Night Tube' Trains Arrive After Long Delay London's 24-Hour 'Night Tube' Trains Arrive After Long Delay
- August 28, 2016

Superintendent Chris Horton insisted there was "no reason" why passengers would not be as safe as during the day. Visibility of officers will be key, say BTP, to ensuring they are able to assist in places that are likely to see "significant issues". (more...)
Pakistan to play day-night Windies Test Pakistan to play day-night Windies Test
- August 28, 2016

Terming the upcoming match as a "new beginning" for cricket in the U.S., the former cricketer said he didn't expect that much facilities in the stadium. "I've worked with him in the Indian Premier League (IPL) ... so it's nice to be part of the India dressing room again". While the likes of Virat Kohli, Rohit Sharma , Shikhar Dhawan and Ajinkya Rahane are proven performers in the T20 format, what remains to be seen is how quickly can they shed off their Test cloak and don the one ... (more...)
Brazil police probe money laundering tied to Olympic ticket ring Brazil police probe money laundering tied to Olympic ticket ring
- August 28, 2016

They accuse PRO10 of funnelling tickets to THG Sports, which is alleged to have sold them illegally at inflated prices. Three members of the Olympic Council of Ireland (OCI) are suspected of involvement in the illegal sales, police said: executive director Stephen Martin, secretary-general Dermot Henihan and treasurer Kevin Kilty. (more...)
Rosberg beats Verstappen to Belgian pole Rosberg beats Verstappen to Belgian pole
- August 28, 2016

Yet, despite starting 20 places ahead of his title rival on the grid, Rosberg is not discounting Hamilton having something to say about the outcome of Sunday's race. "In terms of today, it was definitely a weird qualifying session for me". It was all about race preparation. "I decided, together with the team, that I wanted to run the supersoft". (more...)
Iran's Oil Minister Will Join OPEC Talks on Market in Algeria
- August 28, 2016

Brent crude global benchmark prices LCOc1 were trading at $49.46 a barrel at 0658 GMT, a drop of 21 cents from their last close. Analysts said that high storage levels pointed to an ongoing supply overhang that was weighing on markets. At around 0630 GMT, WTI was up 11 cents to $46.88 and Brent added six cents to $49.11. Zanganeh said Iran had no role in instability of the oil market, as the crisis happened when Tehran's exports were less than 1 million bpd. (more...)
Laura Muir smashes British 1500m record in Paris Laura Muir smashes British 1500m record in Paris
- August 28, 2016

Jebet won Olympic gold in Rio with 8:59.75, the second fastest time ever in the event, having also clocked 8:59.97 at the Eugene meet in the United States last May. 'I was not expecting such a big difference with the record'. His sixth and final effort of 22.00m - an area record and meeting record - was enough to beat Rio gold medallist Ryan Crouser by just one centimetre. (more...)
Italy Earthquake Death Toll Rises as Survivors Prepare to Bury Loved Ones Italy Earthquake Death Toll Rises as Survivors Prepare to Bury Loved Ones
- August 28, 2016

ASCOLI PICENO, Italy (AP) - In the chaos of Italy's devastating quake, an older sister's embrace allowed a young girl to survive. A mass funeral is taking place in Italy for some of the 284 people killed in Wednesday's powerful quake. "We have removed the last bodies that we knew about", said Paolo Cortelli, a member of the Alpine Rescue national service who helped to recover about 30 bodies from Pescara del Tronto. (more...)
Iranian Islamic Revolutionary Guard boats taunt USA warship - because they can
- August 28, 2016

The USS Squall and the USS Tempest , two American coastal patrol ships, were transiting the Persian Gulf on Wednesday, when the USA said an Iranian vessel harassed the ships. Dehghan claimed that the U.S. ships were in Iranian waters and his naval forces have been ordered to warn or confront any foreign ship that entered the country's territory. (more...)
Former South Carolina QB Connor Shaw suffers serious injury Former South Carolina QB Connor Shaw suffers serious injury
- August 28, 2016

The first half was a disaster for the Bears as the Chiefs out-gained them 239-20, including 177 to minus-7 passing. CHICAGO (AP) - Alex Smith looked sharp in leading three scoring drives in the first half and the Kansas City Chiefs got a 23-7 preseason victory over the Chicago Bears on Saturday. (more...)
Six VW Factories Halt Production Due To Supplier Dispute
- August 28, 2016

At a factory in Emden , in northwestern Germany, 7 200 workers have been put on parttime duty due to missing parts. Analysts at UBS estimate that a one-week production halt at VW's Wolfsburg headquarters would result in about 100 million euros ($113 million) in lost gross profit, and could have knock-on effects on other suppliers. (more...)
Yellen suggests rate hike is coming but of 4:05 pm Fri Yellen suggests rate hike is coming but of 4:05 pm Fri
- August 28, 2016

In the light of the continued fall in USA unemployment, which has been dropping by an averageof 190,000 a month for the past three months, and the likelihood that growth and inflationary pressures would strengthen, the "case for an increase in the federal funds rate has increased in recent months". (more...)
After years of delay, London's 'night tube' trains start running
- August 28, 2016

The trains will run every 10 minutes through Central London and will cost the same as an off-peak fare (so not expensive). Concerns have also been expressed about the safety of the new service, after a leaked internal assessment by operating firm Transport for London indicated that sexual offences and other crimes are likely to increase. (more...)
Signet Jewelers Shares Fall After Earnings Miss
- August 28, 2016

The world's biggest tech company forgot to show you something, but a few Wall Street analysts and the Fool didn't miss a beat: There's a small company that's powering their brand-new gadgets and the coming revolution in technology. Signet said it expects same store sales to decline as much as 2.5 percent for the year. According to Citigroups price target of 83 on the company's stock this indicates the broker now believes there is a decrease of -0.53% from Signet Jewelers's current price of ... (more...)
S. African rand falls as police summon finance minister
- August 27, 2016

The rand strengthened as much as 1.4 percent against the dollar on Thursday after Zuma expressed confidence in the minister before paring gains to be little changed at 14.1705 per dollar at 3:49 p.m.in Johannesburg. On Thursday morning, Pillay and former Sars group executive, Johann van Loggerenberg , are expected to visit the Hawks' office in Pretoria to provide warning statements. (more...)

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