Markets


Hanjin Shipping to pay handlers to unload US-bound ships
- September 14, 2016

The move came hours after a US bankruptcy judge said he would approve Hanjin Shipping Co.'s provisional protection from creditors so vessels could dock and unload products, and retailers could begin selling those products in stores. As of late Friday, 92 of 141 ships being operated by the world's seventh largest shipping firm were stranded at sea. Since Hanjin's bankruptcy protection filing, dozens of ships carrying more than half a million cargo containers have been denied access to ports ... (more...)
Trump child care plan breaks with conservative orthodoxy Trump child care plan breaks with conservative orthodoxy
- September 14, 2016

The GOP nominee's plan would change the US tax code to let parents deduct from their income taxes childcare expenses for up to four children and elderly dependents, a campaign aide said Tuesday. Republicans have long resisted the idea of having the US emulate other countries' paid leave programs, warning about budgetary costs and government mandates. (more...)
Ceasefire largely holds in Syria's Aleppo - Russian military
- September 14, 2016

U.S. Secretary of State John Kerry, left, and Russian Foreign Minister Sergei Lavrov appear at a joint press conference following their meeting to discuss the crisis in Syria in Geneva on September 9, 2016. Moscow has drawn the ire of human-rights advocates and the worldwide community over Russia's brutal air campaign against Syrian rebel strongholds in Aleppo , Homs and elsewhere in the country's north. (more...)
European shares rise to end three-day losing streak European shares rise to end three-day losing streak
- September 14, 2016

ASIA'S DAY: Japan's Nikkei 225 gained 0.3 percent to 16,729.04 and South Korea's Kospi rose 0.4 percent to 1,999.36 as Samsung Electronics, in the midst of a recall of its Galaxy Note 7 smartphones, gained 4.2 percent, recovering about 60 percent of Monday's 7 percent loss. (more...)
Dakota Access halted by United States government
- September 14, 2016

Numerous same groups that made their name opposing the Keystone XL pipeline have joined the fight against the $.3.8 billion Dakota Access Pipeline (DAP) that would bring 470,000 barrels of Bakken crude oil per day from western North Dakota to southern IL. (more...)
Coal India profit down 15% in Q1 Coal India profit down 15% in Q1
- September 14, 2016

Total expenses rose slightly to Rs 847.18 crore during the period, as against Rs 843.41 crore in the year-ago period. Offtake during the period stood at 133.24 million tonne compared with 129.39 million tonne year back. A press release said, total income increased from Rs 19,657.90 million for the quarter ended 30 June, 2015 to Rs 19,741.00 million for the quarter. (more...)
Bar cars returning to Connecticut-New York commuter trains Bar cars returning to Connecticut-New York commuter trains
- September 14, 2016

Commuters in CT can toast to the return of Metro-North's bar vehicle. The Governor says the timing of the bar auto announcement was not planned as a way to take the sting out of an expected 6 percent fare hike in December. The new bar cars will have a modern feel, with gray counters on the bar serving areas and along the windows, according to a rendering released by Malloy's office. (more...)
Brazilian lawmakers to decide future of impeachment plotter
- September 14, 2016

Prosecutors accuse Cunha of corruption an. (AP Photo/Eraldo Peres). An inflatable doll with the likeness of former President of the Chamber of Deputies Eduardo Cunha floats in the Chamber of Deputies in Brasilia , Brazil, Monday, Sept. Prosecutors have alleged that Cunha is one of those tied to the Petrobras scandal, in which more than $2 billion in bribes was purportedly paid to obtain inflated contracts from the energy company. (more...)
California lawmakers approve overtime law for farmworkers
- September 14, 2016

A bill that could give farm workers across California the same overtime pay as the rest of the workers in the state passed the Assembly and moved to the governor's desk for approval. He says he can't afford to pay overtime, so he'll just have to cut back their hours - or find a way to do the same work in less time. Brown, the increased overtime costs imposed on California family farmers will compound newly-enacted minimum wage increases set to reach $15 per hour by 2022. (more...)
Long-term solution sought for Canadian canola exports to China Long-term solution sought for Canadian canola exports to China
- September 14, 2016

While China is Canada's second-largest single-country trading partner after the United States, a survey released last February by Nanos Research indicated two-thirds of Canadians held a negative or somewhat negative view of the Chinese government. (more...)
Gocompare.com to become a London Stock Market company Gocompare.com to become a London Stock Market company
- September 14, 2016

GoCompare, whose services are advertised by the moustachioed Italian tenor Gio Compario, is expected to list in London in the final three months of this year. "A demerger will allow the separate management teams to focus on their independent strategies, and also enhance their ability to align senior management incentives". (more...)
Ocado posts rise despite margin pressure Ocado posts rise despite margin pressure
- September 14, 2016

The value of Ocado's shares dropped by more than 10% in today's trading. But average order size fell 3.4% to £107.94, suggesting that people were shopping more frequently but buying less on each shop. "The silence is deafening", Nick Bubb, an independent retail analyst, said by e-mail. Despite the steady growth, Ocado boss Tim Steiner acknowledged that the group is seeing sustained and continuing margin pressure. (more...)
The Asian stock market is bouncing back The Asian stock market is bouncing back
- September 14, 2016

The selloff was broad, with all 10 major S&P 500 sectors in the red and every Dow component, besides Apple, also declining. Brent crude, used to price global oils, slid 74 cents to $47.27 a barrel. The Federal Reserve's Federal Open Market Committee meets on Sept. 20 to 21 and the probability for a rate increase in September has increased. Eastern, followed by the federal budget for August at 2 p.m. (more...)
Obama Stumps For Hillary In Philadelphia
- September 14, 2016

She also was forced to abruptly leave an event because of an illness she had not disclosed. A video showed a wobbly Clinton stumbling as she was assisted into her van to depart the ceremony. Obama, ran through a familiar list of achievements, from rescuing the economy to killing Osama bin Laden, and slammed today's Republicans as unworthy of leading the party of Abraham Lincoln or Ronald Reagan. (more...)
Analysts Take on Sprouts Farmers Market Inc (NASDAQ:SFM) Share Price History Analysts Take on Sprouts Farmers Market Inc (NASDAQ:SFM) Share Price History
- September 14, 2016

The Market Capitalization of the company stands at 2.88 Billion. Wells Fargo & Co. reaffirmed a buy rating on shares of Sprouts Farmers Market in a report on Thursday, May 26th. The 52-week high of Sprouts Farmers Market Inc is $30 and the 52-week low is $18.7. (SFM) received consensus recommendation of "Outperform" from Analysts polled at Thomson Reuters. (more...)
Chesapeake Energy Corporation (NYSE:CHK) Chesapeake Energy Corporation (NYSE:CHK)
- September 14, 2016

Earnings Estimates: "Year Ending Dec-16" Analysts are saying that the company to announce quarterly earnings of $27 per share for current quarter period -0.09. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website . Analysts give EGO a mean recommendation of 2.40. (more...)
A Wrinkle in Time Has Reportedly Found Its Meg A Wrinkle in Time Has Reportedly Found Its Meg
- September 14, 2016

Whatsit , Mrs. I loved A Wrinkle in Time as a kid. The upcoming adaptation marks a milestone for DuVernay: She'll become the first woman of color to direct a live-action film with a budget upwards of $100 million. Who and Mrs. Which . The studio is looking for a an actor of color to play Calvin O'Keefe. Based on the classic book by Madeleine L'Engle's, A Wrinkle in Time does not yet have a release date, but 2018 seems likely. (more...)
EnLink Midstream Partners, LP (ENLK), Valero Energy Corporation (VLO) EnLink Midstream Partners, LP (ENLK), Valero Energy Corporation (VLO)
- September 14, 2016

The company reported $0.12 EPS for the quarter, missing the consensus estimate of $0.40 by $0.28. The consensus has Magellan Midstream Partners L.P. The average target price is $20.13 with two firms rating the stock a strong buy, four analysts rating the stock a buy, six firms rating the stock a hold, one brokerage rating the stock to underperform, and lastly 0 brokerages rating the company as sell. (more...)
United Kingdom jobs market showing 'cracks in the ice' after Brexit vote United Kingdom jobs market showing 'cracks in the ice' after Brexit vote
- September 14, 2016

The report said the biggest cause for concern on the jobs front was in business and financial services, construction and utilities, while prospects also fell in manufacturing. "It is also a decrease of 11 percentage points from the Outlook reported during the same time past year, indicating a respectable hiring pace for the upcoming months". (more...)
Markets Right Now: Energy stocks pull US market lower
- September 14, 2016

The yield curve also steepened on reports the Bank of Japan plans to make negative interest rates a centerpiece of its future easing program. The Dow Jones industrial average was down 253 points, or 1.4 percent, to 18,072. closed down 1 percent, marking their fourth down day. Anadarko Petroleum agreed to pay $2 billion to buy Freeport-McMoRan's deepwater assets in the Gulf of Mexico. (more...)

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