Markets


Urjit Patel appointed as RBI Governor Urjit Patel appointed as RBI Governor
- August 31, 2016

Urijit Patel, current deputy governor , was expected as the only hawkish candidate for Governor chair. That may require a consensus-builder, in the mould of central banks in developed markets such as the U.S. But even though interest rates are at their lowest level since 2011, there have been tensions with the ruling Bharatiya Janata Party, which has been pushing for deeper cuts, saying these would increase growth further. (more...)
Stronger case now for interest rate hike: Yellen Stronger case now for interest rate hike: Yellen
- August 31, 2016

Fresh data about employment and consumer confidence could help investors solidify expectations for a December interest rate hike from the US Federal Reserve , or lend weight to a minority of strategists predicting a rate rise as early as next month. (more...)
Stocks open little changed as investors look for Fed clues Stocks open little changed as investors look for Fed clues
- August 31, 2016

GBP/USD is supported in the range of 1.3018 now trading at 1.3075 levels. The efficacy of negative rates is being reviewed - it is hard for savers, but Fischer added negative rates typically go with higher equity prices too. Gold fell on Tuesday after Federal Reserve officials sounded a hawkish note on interest rates at the weekend, boosting the dollar, while attention turned to US payrolls data this week for further clues on the pace of rate hikes. (more...)
Analysts Set Expectations for Dollar Tree Inc.'s Q4 2017 Earnings (DLTR) Analysts Set Expectations for Dollar Tree Inc.'s Q4 2017 Earnings (DLTR)
- August 31, 2016

The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink . The company's stock had a trading volume of 1,706,458 shares. Starbucks Corporation (NASDAQ:SBUX) mean estimate for revenue for the ongoing quarter ending Sep 16 is $5.70B by 22 analysts. During the same quarter in the prior year, the business earned $0.67 earnings per share. (more...)
Olympic flag arrives in Tokyo as countdown begins for 2020 summer games
- August 31, 2016

Japan was sixth in Río 2016 and won 12 gold medals, their best tally since 2004, and a record 41 overall. The possibility of using recycled electronics for Olympic medals was first discussed in June, Japanese publication Nikkei reports , with the intention of raising public awareness and promoting a "sustainable future". (more...)
Tokyo plans to make 2020 Olympics medals from old mobile phones
- August 31, 2016

But all those small amounts add up, and Japan is looking to use those metals to make the most iconic medals in sport. These latest proposals would make recycled metals even more central to the 2020 Olympics in Japan, which has few natural resources outside of its "urban mine". (more...)
Jefferson County woman killed, son injured by their own dogs Jefferson County woman killed, son injured by their own dogs
- August 31, 2016

According to the Jeffco Sheriff's Office, Susan Shawl, 60, died at the scene, and her son Richard Shawl, 36, was transported to a hospital with injuries that were not life-threatening. Jefferson County Animal Control is now housing the dogs as officers investigate the circumstances of the attack. In 2008, deputies issued Richard Shawl a warning after a neighbor reported the dogs were loose and being aggressive. (more...)
Former Air Force quarterback Dee Dowis dies in car accident
- August 31, 2016

Dowis was a standout option quarterback for the Falcons. Dowis played his high school football at Franklin County in northeast Georgia under coach Jeff Davis. He rushed for 1,315 yards and 10 touchdowns while throwing for 600 yards and four touchdowns as a sophomore. He was working as a sales manager for a pharmaceutical company in SC. (more...)
Mike Pence: Some Undocumented Immigrants Can Stay - After They Leave Mike Pence: Some Undocumented Immigrants Can Stay - After They Leave
- August 31, 2016

Trump proposed that "the good ones" - law-abiding undocumented immigrants - can stay in the United States if they "pay back-taxes". "I will be making a major speech on ILLEGAL IMMIGRATION on Wednesday in the GREAT State of Arizona. "For the 11 million people, come on, folks", Kasich said to Trump. We have laws in this country, they're very strong but nobody uses them. It's a silly argument. (more...)
Tata Motors profits fall on weak Jaguar Land Rover sales Tata Motors profits fall on weak Jaguar Land Rover sales
- August 31, 2016

Jaguar Land Rover posted profit after tax of 304 million pounds compared with 492 million pound, down 38.21 per cent over past year. Net profit for the quarter in question, under Generally Accepted Accounting Principles, was Rs 2,768.9 crore. (more...)
Trudeau hails new era of China-Canada ties on Beijing visit Trudeau hails new era of China-Canada ties on Beijing visit
- August 31, 2016

For more on Canadian Prime Minister Justin Trudeau's visit to China, CRI's Xu Qinduo spoke earlier with Canada's Ambassador to China, Guy Saint-Jacques. Trudeau's private visits to Beijing, including as a toddler with his father 43 years ago, might have influenced his friendly policies toward China, said Ruan Zongze, executive vice-president of the China Institute of International Studies. (more...)
Plane crash ordeal ends in Lake Pontchartrain
- August 31, 2016

A small plane is lifted by a crane from the water of Lake Pontchartrain near Lakefront Airport, Tuesday, Aug. 30, 2016 in New Orleans. The flight, "Big Easy Lights at Night", is offered through New Orleans Aerial Tours, according to a receipt Davis posted on Instagram. (more...)
Oreo cookie maker Mondelez abandons bid for Hershey
- August 31, 2016

Hershey shares experienced a 12% drop when the news broke that the deal has been abandoned - and Mondelez rose by nearly 4%. Hershey slumped 11 percent and Mondelez rose 4 percent Tuesday after Mondelez , which makes Oreo cookies and other products, said it would no longer pursue a combination with Hershey . (more...)
Markets Right Now: A Mixed Open for Stocks on Wall Street
- August 31, 2016

Bilbrey that Mondelez would go up to $115 per share. Mondelez - created in 2012 when it was spun off from Kraft - is the second largest confectionery company in the world, with Hershey at number five. The maker of Oreo cookies and Cadbury chocolate plans to provide more details at an upcoming industry conference on September 7. It would also have provided Mondelez with the right to make and distribute Kit Kat chocolates in the country, potentially providing a significant boost to its ... (more...)
Arrogate wins 2016 Travers at Saratoga Race Course with track record Arrogate wins 2016 Travers at Saratoga Race Course with track record
- August 31, 2016

We headed for home and he picked it up when I asked him. Exaggerator has bankrolled $3,571,120. This was Smith's third Travers victor along with 1994 Horse of the Year Holy Bull and Coronado's Quest in 1998. Indian ($4.20, Forego) and Flintshire ($2.40) began the all-Grade I pick 6 that led into the Travers and returned $7,797. We've hit a lot of empty spots here, but this one, he looks like the real deal. (more...)
Gold Rally Fades A Bit After Fed Speeches
- August 31, 2016

The case for a US interest rate hike has strengthened in recent months, Federal Reserve Chair Janet Yellen said on Friday, Aug. 27, in a speech that left the door open for such a move as early as next month. She failed, however, to provide any timing as to when the central bank would raise rates. Jim Paulsen, chief investment strategist at Wells Capital Management, said in an interview on a Wall Street Journal podcast that it was more than Yellen that suggested the possibility of two ... (more...)
Dollar stands tall after data enhances USA rate hike expectations Dollar stands tall after data enhances USA rate hike expectations
- August 31, 2016

The U.S. dollar rose against a basket of currencies as investors waited to see if Friday's U.S.jobs report would support expectations that the Federal Reserve will raise interest rates soon.Oil prices fell for a second straight day on the dollar's strength and worries about crude oversupply. (more...)
Kerry in India for Strategic, Commercial Talks
- August 31, 2016

She also thanked him for the US' constant support on India's membership to the Nuclear Supplier's Group. A flare-up in violence in Held Kashmir meant that India's arch-rival Pakistan featured prominently in talks between Kerry and his counterpart, Sushma Swaraj. (more...)
Trade unions go ahead with Sept 2 nationwide strike,reject govt wage hike Trade unions go ahead with Sept 2 nationwide strike,reject govt wage hike
- August 31, 2016

Though there are about 12 demands being brought out by central trade unions, the main demand among them is increasing the minimum wages per month to all workers to Rs 18,000. After a gap of 11 years, the government has taken such a step for labour welfare. However, the RSS affiliated, Bharatiya Mazdoor Sangh (BMS), has decided not to participate in the proposed strike. (more...)
Dividend Alert Of Home Depot Inc (NYSE:HD) Dividend Alert Of Home Depot Inc (NYSE:HD)
- August 31, 2016

The performance this quarter is at 2.36% while the weekly performance is at -0.07%. The Home Depot, Inc .'s short ratio is at 2.44 and the float short is at 0.87%. The P/S ratio is 0.14 and P/B ratio 1.07. OVERWEIGHT signal was given by "0" and Underweight signal was issued by "0" Analysts. Deutsche Bank AG restated a "buy" rating and issued a $143.00 price target on shares of The Home Depot in a research report on Friday, June 17th. (more...)

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