Markets


Tesla Autopilot Becomes Costlier, Version 8.0 Expected Soon
- September 05, 2016

Electrek recently highlighted that the filing contains a detailed timeline of the merger, as well as when the initial talks actually began. Some have criticized the deal as forcing Tesla investors to fund SolarCity because the rooftop solar panel provider is running out of cash. (more...)
Applied Materials Inc. (AMAT) VP Omkaram Nalamasu Sells 26035 Shares
- September 05, 2016

A number of equities analysts have recently commented on AMAT shares. MEET has price to earnings ratio of 8.23 and the price to current year EPS stands at 225.70%. Finally, Needham & Company LLC restated a "buy" rating and set a $34.00 price objective (up from $29.00) on shares of Applied Materials in a research note on Sunday, August 21st. (more...)
CNH Industrial brands reveal concept autonomous tractor development CNH Industrial brands reveal concept autonomous tractor development
- September 05, 2016

Estimated costs for the autonomous tractors have not been revealed yet. Among the many things these two designs have in common is a complete sensing and perception package, which includes radar, LiDAR (range finding lasers) and video cameras to ensure obstacles or obstructions in the tractor's path or that of the implement are detected and avoided. (more...)
There will be no bandh in State: Mamata There will be no bandh in State: Mamata
- September 05, 2016

Countering Banerjee's announcement that the state government will provide compensation if any vehicle suffers damage during the strike, CITU state President Shyamal Chakraborty charged the Trinamool of planning to use "goons" to damage vehicles and then put the blame on trade union workers. (more...)
Toronto, New York markets gain on Fed comments; loonie falls on oil Toronto, New York markets gain on Fed comments; loonie falls on oil
- September 05, 2016

That marked the sharpest economic decline since the second quarter of 2009. The agency also says real GDP rose 0.6% in June, essentially offsetting an equivalent decline in May. Other data released Wednesday included the Chicago Purchasing Managers' Index for August, which came in at 51.5. Wynn Resorts was the top percentage gainer on the S&P, gaining 5.5 per cent after Macau, the world's biggest casino hub, posted a 1.1-per-cent rise in gambling revenue in August. (more...)
Tropical storm watch issued for southern Georgia coast
- September 05, 2016

The track of this storm will take it northeast into the big bend of Florida, where hurricane and tropical storm watches are now in effect. Tropical Depression Nine was upgraded to Tropical Storm Hermine Wednesday afternoon. Flooding is also possible, especially in the coastal areas. As of 5 a.m. EDT Friday, Hermine was weakening as it moved into southern Georgia, the Hurricane Center said. (more...)
Petrobras says more than a fifth of employees agree to buyout Petrobras says more than a fifth of employees agree to buyout
- September 05, 2016

The average price target of all the analysts comes to $9.54. "0" brokerage firms have suggested "Sell" for the company. The company's market capitalization exceeded $250 billion and had ambitious plans to becoming the next Exxon. Petroleo Brasileiro S.A. - Petrobras (NYSE: PBR): During Thursdays trading session, Bulls were in full control of the stock right from the opening. (more...)
Australia says committed to Britain free trade deal Australia says committed to Britain free trade deal
- September 05, 2016

Malcolm Turnbull and Chinese President Xi Jinping have butted heads on foreign investment and Beijing's disputed claims over the South China Sea at an worldwide summit. "I've been clear we will be continuing that global strategic partnership with China". In fact, we want to be even more outward-looking around the whole of the world. (more...)
Citigroup Maintains Ciena Corporation to Hold with Price Target $23.00 Citigroup Maintains Ciena Corporation to Hold with Price Target $23.00
- September 05, 2016

The rating by Citigroup was issued on Aug 25, 2016. In case of Revenue Estimates, 17 analysts have provided their consensus Average Revenue Estimates for Ciena Corporation as 672.18 Million. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income and generally higher debt management risk. (more...)
Roth Capital Indicated Intel Corporation (NASDAQ:INTC) As 'Buy' Roth Capital Indicated Intel Corporation (NASDAQ:INTC) As 'Buy'
- September 05, 2016

Now shares have been rated as "Buy" from 2 Analysts. Finally, QCI Asset Management Inc. WBI Investments Inc. acquired a new position in shares of Intel Corp. Shareholders of record on Sunday, August 7th were issued a dividend of $0.26 per share. Underperform rating was given by 0 analyst and Outperform rating was given by 2 analyst. (more...)
Sen. Amy Klobuchar echoes Clinton on methodical approach to drug prices Sen. Amy Klobuchar echoes Clinton on methodical approach to drug prices
- September 05, 2016

Even though her latest plan would likely affect a small number of companies, it could be difficult to get Republican lawmakers on board, Morningstar analyst Damien Conover said, adding that a "Republican Congress would push back hard on this". (more...)
Over 300 arrested, five people stabbed at Notting Hill Carnival in London
- September 05, 2016

Scotland Yard said 156 arrests were made on Sunday, while as of 7pm on Monday there had been 160 arrests. It has been held since 1964 as a way for Afro-Caribbean communities to celebrate cultures and traditions. Photo / Getty Revellers start the day's celebrations as Notting Hill Carnival begins. The Mayor of London has been urged to launch a wide-ranging review into the future of the Notting Hill Carnival, after the local MP said the event risked turning into a "crime fest", and police ... (more...)
Leading stocks in today's market: Teva Pharmaceutical Industries Limited (NYSE:TEVA) Leading stocks in today's market: Teva Pharmaceutical Industries Limited (NYSE:TEVA)
- September 05, 2016

The stock price is trading downbeat from its 200 days moving average with -9.88% and down from 50 days moving average with -3.74%. As the outstanding stock of Teva Pharmaceutical Industries Limited NYSE:TEVA Drug Manufacturers - Other is bought and sold in the stock market, the current market cap indicates the existing public opinion of the net worth of Teva Pharmaceutical Industries Limited TEVA Drug Manufacturers - Other. (more...)
Carnival Corp. (LON:CCL) Updated Price Targets Carnival Corp. (LON:CCL) Updated Price Targets
- September 05, 2016

In case of Revenue Estimates, 10 analysts have provided their consensus Average Revenue Estimates for Carnival Corporation as 5.06 Billion. 12/16/2013 - Carnival Corp . Carnival Corp . has a 50 day moving average of 3605.11 and a 200 day moving average of 3517.92. The stock's market capitalization is 34.56B. For the current year Carnival Corp (NYSE: CCL ) has set to release EPS of $3.33 as per the sentiments of 17 analysts, however according to 17 analysts, the company expected to ... (more...)
Israeli satellite set to bring internet to rural Africa destroyed following explosion
- September 05, 2016

By Ifeanyi Nwoko A communications satellite for Facebook billed to be launched on Saturday has been destroyed on the launch pad. It's uncertain if the company will attempt another satellite launch soon. Facebook appears to have become involved nearly three years later, when in October 2015, it struck a deal with satellite communications company Eutelsat to share AMOS-6's broadband capacity. (more...)
Stocks slip into losses in the afternoon after Yellen speec
- September 05, 2016

Federal Reserve Chairwoman Janet Yellen indicated on Friday that the central bank may raise interest rates prior to its December meeting as the US economy is showing growing signs of strength. Craigs Investment Partners head of private wealth research Mark Lister said a rise in USA interest rates would cause some volatility. USA stock markets, which opened slightly higher, added to gains, with the S&P 500 trading up 0.4 percent shortly after the text of her speech was released. (more...)
Putin-Obama meeting went off well
- September 05, 2016

Nuclear-armed North Korea fired three ballistic missiles that flew about 600 miles and landed in the water near Japan. Obama took the fracas in stride on Sunday, saying that although the United States insists on press access and does not "leave our values and ideals behind", the traveling White House juggernaut could be intimidating. (more...)
Jobs report: Hiring slowed in August Jobs report: Hiring slowed in August
- September 05, 2016

The sharp fall in the ISM manufacturing index into contraction territory in August - down to 49.4 from 52.6 in July - points to more job shedding in United States factories (the employment index fell to 48.3 in August from 49.4 in the previous month). (more...)
US hiring slowed in August, yet Americans' outlook brightens US hiring slowed in August, yet Americans' outlook brightens
- September 05, 2016

In recent months, they've been rising faster than those of the rest of the private sector (conventionally defined), and between August 2015 and last month, increased by 2.48 percent. Komileva argued that the Fed would be living dangerously if it chooses to remain on the sidelines at its September 20-21 meeting without making a move toward "normalizing" market expectations. (more...)
United Kingdom high street chain Marks & Spencer reportedly cutting 500 jobs United Kingdom high street chain Marks & Spencer reportedly cutting 500 jobs
- September 05, 2016

The firm said it will enter into a formal consultation with affected employees. Sky said the cuts, which would affect 15 percent of the roles at its headquarters in Paddington, London, are likely to be announced next Thursday. However, the removal of Sunday premiums and the introduction of a "standardised" Bank holiday pay of time-and-a-half, proposed by M&S at the end of May, will go ahead. (more...)

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