Markets
Justin Timberlake and Britney Spears to collaborate
- September 16, 2016
For anyone who loved pop music in the late 1990s and early 2000s, the idea of the two pop superstars collaborating is as surprising as it is thrilling. Britney only responded to the track recently with the release of her ninth studio album and a track called "Liar", the icon's assumed diss track in response to the " Cry Me A River ". (more...)
- September 16, 2016
For anyone who loved pop music in the late 1990s and early 2000s, the idea of the two pop superstars collaborating is as surprising as it is thrilling. Britney only responded to the track recently with the release of her ninth studio album and a track called "Liar", the icon's assumed diss track in response to the " Cry Me A River ". (more...)
USA to blame for North Korea nuclear issue, says China
- September 16, 2016
Tthe people of North Korea are "exploding like a volcano" over the bomber flights, North Korea's Korean Central News Agency ( KCNA ) revealed . The bombers are nuclear-capable, NPR's Elise Hu reports . "Our intention is to secure the strongest possible (U.N. Security Council ) resolution that includes new sanctions as quickly as possible", Kim was quoted as saying after meeting his South Korean counterpart in Seoul . (more...)
- September 16, 2016
Tthe people of North Korea are "exploding like a volcano" over the bomber flights, North Korea's Korean Central News Agency ( KCNA ) revealed . The bombers are nuclear-capable, NPR's Elise Hu reports . "Our intention is to secure the strongest possible (U.N. Security Council ) resolution that includes new sanctions as quickly as possible", Kim was quoted as saying after meeting his South Korean counterpart in Seoul . (more...)
Stocks at Session Highs as Chances Diminish for September Rate Hike
- September 16, 2016
US crude fell $1.26, or 2.7 per cent, to $45.03 a barrel in NY. Anadarko stock sank $1.12, or 1.9 percent, to $56.67 and Freeport-McMoRan fell 68 cents, or 6.1 percent, to $10.40. Europe's broad FTSEurofirst 300 index closed up 0.55 percent at 1,339.13. Of the 30 stocks on the Dow average, only Apple traded higher. The dollar was at 101.93 yen, slightly stronger than 101.85 yen on Monday in NY, but still down from levels around 102.50 yen earlier Monday in Asia. (more...)
- September 16, 2016
US crude fell $1.26, or 2.7 per cent, to $45.03 a barrel in NY. Anadarko stock sank $1.12, or 1.9 percent, to $56.67 and Freeport-McMoRan fell 68 cents, or 6.1 percent, to $10.40. Europe's broad FTSEurofirst 300 index closed up 0.55 percent at 1,339.13. Of the 30 stocks on the Dow average, only Apple traded higher. The dollar was at 101.93 yen, slightly stronger than 101.85 yen on Monday in NY, but still down from levels around 102.50 yen earlier Monday in Asia. (more...)
Foreign nuclear investment is a vote of confidence in Britain - minister
- September 16, 2016
The European Pressurized Reactor has run into trouble at Olkiluoto in Finland, as well as Flamanville, France where costs have more than tripled to 10.5 billion euros (HK$91.6 billion) and construction is six years behind schedule. "This will ensure that significant stakes can not be sold without the Government's knowledge or consent". "The Office for Nuclear Regulation (ONR) will be directed to require notice from developers or operators of nuclear sites of any change of ownership or ... (more...)
- September 16, 2016
The European Pressurized Reactor has run into trouble at Olkiluoto in Finland, as well as Flamanville, France where costs have more than tripled to 10.5 billion euros (HK$91.6 billion) and construction is six years behind schedule. "This will ensure that significant stakes can not be sold without the Government's knowledge or consent". "The Office for Nuclear Regulation (ONR) will be directed to require notice from developers or operators of nuclear sites of any change of ownership or ... (more...)
Clinton's doctor says she's 'fit to serve'
- September 16, 2016
Well, not according to Trump's running mate Mike Pence, who declined to qualify whether he thought a notorious white supremacist could be classified as deplorable , opting instead to insist that he wasn't in the business of "name calling". (more...)
- September 16, 2016
Well, not according to Trump's running mate Mike Pence, who declined to qualify whether he thought a notorious white supremacist could be classified as deplorable , opting instead to insist that he wasn't in the business of "name calling". (more...)
Oil prices retreat on global glut worries
- September 16, 2016
IEA gasoline inventories for the week ended September 9 were up 567,000 barrels versus the 343,000-barrel-build estimate. "As a result, supply will continue to outpace demand at least through the first half of next year", the IEA said. Supply is falling thanks to negative North American supply growth, but OPEC, led by Saudi Arabia, is still pumping at full force. "There's a feeling now that even if they come to an agreement, there won't be much to it". (more...)
- September 16, 2016
IEA gasoline inventories for the week ended September 9 were up 567,000 barrels versus the 343,000-barrel-build estimate. "As a result, supply will continue to outpace demand at least through the first half of next year", the IEA said. Supply is falling thanks to negative North American supply growth, but OPEC, led by Saudi Arabia, is still pumping at full force. "There's a feeling now that even if they come to an agreement, there won't be much to it". (more...)
Lowe's Companies, Inc. (NYSE:LOW)
- September 16, 2016
When it comes to the Analysis of a Stock, Price Target plays a vital role. The company finished it is trading at $18.08. Patterson Companies, Inc. has a 52-week low of 38.51 and a 52-week high of 50.40. Analysts estimated mean sale target of 14031 million while high and low sale targets are estimated at 14031 million and 14031 million respectively. (more...)
- September 16, 2016
When it comes to the Analysis of a Stock, Price Target plays a vital role. The company finished it is trading at $18.08. Patterson Companies, Inc. has a 52-week low of 38.51 and a 52-week high of 50.40. Analysts estimated mean sale target of 14031 million while high and low sale targets are estimated at 14031 million and 14031 million respectively. (more...)
Hinkley Point Finally Gets Go Ahead
- September 16, 2016
These include the right to prevent the sale of EDF's controlling stake in Hinkley before completion of the power station, to be confirmed in an exchange of letters between the government and EDF. Britain's Business Secretary Greg Clark said in a statement on Thursday the government had given the go-ahead after introducing a series of measures "to enhance security and to ensure Hinkley can not change hands without the government's agreement". (more...)
- September 16, 2016
These include the right to prevent the sale of EDF's controlling stake in Hinkley before completion of the power station, to be confirmed in an exchange of letters between the government and EDF. Britain's Business Secretary Greg Clark said in a statement on Thursday the government had given the go-ahead after introducing a series of measures "to enhance security and to ensure Hinkley can not change hands without the government's agreement". (more...)
Apple helps trigger Wall Street rally
- September 16, 2016
That's made Canadian stocks more expensive than US peers, with a price-to-earnings ratio of 22.9 maintaining a 15-per-cent premium over the S&P 500 Index. RBNZ governor Graeme Wheeler is expected to hold fire from cutting interest rates on September 22, preferring to wait for data that will show whether inflation is picking up before a possible cut at the November 10 monetary policy statement. (more...)
- September 16, 2016
That's made Canadian stocks more expensive than US peers, with a price-to-earnings ratio of 22.9 maintaining a 15-per-cent premium over the S&P 500 Index. RBNZ governor Graeme Wheeler is expected to hold fire from cutting interest rates on September 22, preferring to wait for data that will show whether inflation is picking up before a possible cut at the November 10 monetary policy statement. (more...)
Bayer Buying Monsanto for $66 Billion
- September 16, 2016
Monsanto is famous for its production of genetically modified seeds, while Bayer is well known for the aspirin that carries its name. US antitrust enforcers will look at more than product overlaps, said Moss. Bayer said it's too early to say whether job cuts will occur. "We have very, very little overlap", Condon said. It follows a string of similar mergers in the sector. (more...)
- September 16, 2016
Monsanto is famous for its production of genetically modified seeds, while Bayer is well known for the aspirin that carries its name. US antitrust enforcers will look at more than product overlaps, said Moss. Bayer said it's too early to say whether job cuts will occur. "We have very, very little overlap", Condon said. It follows a string of similar mergers in the sector. (more...)
Crude Draw Down, LIkewise Oil Prices
- September 16, 2016
The October contract for a barrel of West Texas Intermediate was down 95 cents at US$43.95 in late morning trading. The price for Brent crude oil was down 1.2 percent to open the day at $46.55 per barrel. That contrasts with the 4-million barrel gain forecast by analysts surveyed by Bloomberg and a 1.44 million barrel increase reported on Tuesday by the industry-funded American Petroleum Institute. (more...)
- September 16, 2016
The October contract for a barrel of West Texas Intermediate was down 95 cents at US$43.95 in late morning trading. The price for Brent crude oil was down 1.2 percent to open the day at $46.55 per barrel. That contrasts with the 4-million barrel gain forecast by analysts surveyed by Bloomberg and a 1.44 million barrel increase reported on Tuesday by the industry-funded American Petroleum Institute. (more...)
Ford dismisses Trump claim it will fire United States workers
- September 16, 2016
They'll make their cars, they'll employ thousands and thousands of people, not from this country...and we'll have nothing but more unemployment in Flint". When asked if the move of the Focus and C-Max from Michigan Assembly to Mexico would result in any USA job losses, Fields responded, "Absolutely not. (more...)
- September 16, 2016
They'll make their cars, they'll employ thousands and thousands of people, not from this country...and we'll have nothing but more unemployment in Flint". When asked if the move of the Focus and C-Max from Michigan Assembly to Mexico would result in any USA job losses, Fields responded, "Absolutely not. (more...)
United States opens investigation into Wells Fargo fake accounts scandal
- September 16, 2016
Wells Fargo said Tuesday that it would eliminate those sales goals by the end of the year. Abraham Simmons, a spokesman for the prosecutor's office in San Francisco declined to comment on the probe, while James Margolin, a spokesman for U.S. (more...)
- September 16, 2016
Wells Fargo said Tuesday that it would eliminate those sales goals by the end of the year. Abraham Simmons, a spokesman for the prosecutor's office in San Francisco declined to comment on the probe, while James Margolin, a spokesman for U.S. (more...)
Xerox Corp. (XRX) Downgraded by Vetr Inc. to Hold
- September 16, 2016
Brean Capital reaffirmed a hold rating on shares of Xerox Corp.in a research note on Monday, August 1st. They set a "buy" rating and a $13.00 price objective on the stock. The business also recently declared a quarterly dividend, which will be paid on Monday, October 31st. This represents a $0.31 dividend on an annualized basis and a dividend yield of 3.17%. (more...)
- September 16, 2016
Brean Capital reaffirmed a hold rating on shares of Xerox Corp.in a research note on Monday, August 1st. They set a "buy" rating and a $13.00 price objective on the stock. The business also recently declared a quarterly dividend, which will be paid on Monday, October 31st. This represents a $0.31 dividend on an annualized basis and a dividend yield of 3.17%. (more...)
Most Recent analysts Ratings: The Kraft Heinz Company (NASDAQ:KHC)
- September 16, 2016
The stock is performing 20.66% year to date. The Kraft Heinz Company (KHC) opened the session with a $88.24 price tag, later ranging from $85.95 to $88.3697, the range at which the stock has traded at throughout the day. Kraft Heinz had a net margin of 6.87% and a return on equity of 5.78%. The business's revenue for the quarter was up 159.7% on a year-over-year basis. (more...)
- September 16, 2016
The stock is performing 20.66% year to date. The Kraft Heinz Company (KHC) opened the session with a $88.24 price tag, later ranging from $85.95 to $88.3697, the range at which the stock has traded at throughout the day. Kraft Heinz had a net margin of 6.87% and a return on equity of 5.78%. The business's revenue for the quarter was up 159.7% on a year-over-year basis. (more...)
Ford moving all small car production to Mexico
- September 16, 2016
Additionally, Ford outlined that its electric-vehicle plans will be focused on "areas of strength", meaning its commercial vehicles, trucks, utility and performance autos. Republican presidential candidate Donald Trump has been critical of Ford for building vehicles in Mexico. In a move that could draw fresh fire in the presidential race, Ford Motor says it is shifting all North American small vehicle production from U.S.to Mexico. (more...)
- September 16, 2016
Additionally, Ford outlined that its electric-vehicle plans will be focused on "areas of strength", meaning its commercial vehicles, trucks, utility and performance autos. Republican presidential candidate Donald Trump has been critical of Ford for building vehicles in Mexico. In a move that could draw fresh fire in the presidential race, Ford Motor says it is shifting all North American small vehicle production from U.S.to Mexico. (more...)
UK approves stalled Chinese-funded nuclear power plant deal
- September 16, 2016
The project at Hinkley had been green-lit by the previous prime minister, David Cameron, after he got agreement that China General Nuclear Power Corp would put up a third of the cost of construction, with French energy giant EDF putting up the rest. (more...)
- September 16, 2016
The project at Hinkley had been green-lit by the previous prime minister, David Cameron, after he got agreement that China General Nuclear Power Corp would put up a third of the cost of construction, with French energy giant EDF putting up the rest. (more...)
State Street Corp. (STT) Declares Dividend Increase - $0.38 Per Share
- September 16, 2016
However, its previous closing price was seen at $6.92. The Company expected to announce next earnings approximately $0.04 per share. The leading market experts have reached a mean price target of $46.50 on Mercury General Corporation (NYSE:MCY) stock. (more...)
- September 16, 2016
However, its previous closing price was seen at $6.92. The Company expected to announce next earnings approximately $0.04 per share. The leading market experts have reached a mean price target of $46.50 on Mercury General Corporation (NYSE:MCY) stock. (more...)
Ford to move all small-car production to Mexico from US: CEO
- September 16, 2016
There's also concern about how Ford will fare against new competition such as Google self-driving vehicle and other Silicon Valley technology companies moving into mobility. In exploring how a traditional manufacturer can profit in a market where the vehicle becomes a service platform, Fields said the first question he and fellow executives had to define is "What's our point of view on autonomy?" Ford hosted an analyst day earlier Wednesday where it highlighted its plans for the current ... (more...)
- September 16, 2016
There's also concern about how Ford will fare against new competition such as Google self-driving vehicle and other Silicon Valley technology companies moving into mobility. In exploring how a traditional manufacturer can profit in a market where the vehicle becomes a service platform, Fields said the first question he and fellow executives had to define is "What's our point of view on autonomy?" Ford hosted an analyst day earlier Wednesday where it highlighted its plans for the current ... (more...)
Wall Street titans worry the Fed is out of options
- September 16, 2016
Dalio warned that hiking is a "risky thing" to do, as it is now not priced into the Treasury yield curve. "The risks are so much more on the downside", Dalio, chairman and co-chief investment officer of $150 billion Bridgewater, said Tuesday at the CNBC Institutional Investor Delivering Alpha Conference in NY. (more...)
- September 16, 2016
Dalio warned that hiking is a "risky thing" to do, as it is now not priced into the Treasury yield curve. "The risks are so much more on the downside", Dalio, chairman and co-chief investment officer of $150 billion Bridgewater, said Tuesday at the CNBC Institutional Investor Delivering Alpha Conference in NY. (more...)
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HSBC cuts headcount by 35,000 in next three years