Markets


Equities cheer potential dovish Fed as dollar gains Equities cheer potential dovish Fed as dollar gains
- September 19, 2016

United States nonfarm payrolls rose by 151,000 jobs in August after an upwardly revised 275,000 increase in July, with job cuts in manufacturing and construction, the Labor Department said. Over the last several years, the government's August payrolls estimates have been weak prior to upward revisions. "As the August numbers have tended to come in on the softer side in the past, we think that this mostly reflects seasonal adjustment problems rather than underlying weakness", said Harm ... (more...)
European shares slide, led by plunge in Deutsche Bank
- September 19, 2016

ET. " Deutsche Bank has no intent to settle these potential civil claims anywhere near the number cited", the bank said. A Frankfurt trader described the amount the Justice Department was asking for as "exorbitant" and said the high figure gave the impression that negotiations with the bank are only just starting, rather than nearing a settlement. (more...)
Pipeline protest site a city unto itself with school, meals
- September 19, 2016

She criticized the use of attack dogs and mace in Standing Rock against protesters . It has been called the largest gathering of Native Americans in a century. "That treaty's been violated", Gray said. And just this month, it was revealed that four years ago, pipeline company Spectra Energy Corporation's inspectors had found corrosion on that pipeline. (more...)
'Sully' soars over 'Blair Witch,' 'Bridget' at box office
- September 19, 2016

Fortunately the production budget was a mere $ 5 million , but this was certainly expected to perform much better than it did. " Sully " is benefiting from an older demographic "that doesn't rush out opening weekend or day". The film, which debuted in the top spot a week ago, soundly defeated challenges from three new films to keep the number-one rank with a take of $ 22 million , according to box-office tracker Exhibitor Relations. (more...)
Government gives £18bn Hinkley Point C nuclear power station the green light
- September 18, 2016

The new legal framework also gives the United Kingdom additional control over future critical infrastructure projects, such as a nuclear reactor at Bradwell in Essex, although it is not directly mentioned. The Government has reached a "new agreement" with French state energy firm EDF which it says guarantees "significant new safeguards" for foreign investment in critical infrastructure. (more...)
AL-best Rangers lose 11-2 as Darvish struggles again vs A's
- September 18, 2016

The Astros and Mariners are tied for second place, 9 1/2 games behind Texas in the division with two weeks left in the regular season. Instead, Lucroy hit a ground ball inside third base to drive in pinch-runners Delino DeShields and Gallo. (more...)
Euro rises as European Central Bank leaves policy unchanged Euro rises as European Central Bank leaves policy unchanged
- September 18, 2016

He added that the G-20 statement represented governments, not central bankers, calling it "quite a powerful statement of commitment". In June, the European Central Bank forecast that economic growth would average 1.6% this year and 1.7% in 2017 and 2018. (more...)
AK Steel Holding Corporation (NYSE:AKS) Performance Overview AK Steel Holding Corporation (NYSE:AKS) Performance Overview
- September 18, 2016

The stock's market cap is $2.39 billion. The stock has a 50 day moving average price of $5.22 and a 200 day moving average price of $4.61. AK Steel Holding Corporation P/E (price to earnings) ratio is 0 and Forward P/E ratio of 6.84. DekaBank Deutsche Girozentrale raised its stake in shares of United States Steel Corp.by 61.0% in the second quarter. 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...)
Stunning Henderson strike helps Liverpool beat Chelsea Stunning Henderson strike helps Liverpool beat Chelsea
- September 18, 2016

It was very intense, very lively, very flexible, our build-up was brilliant in the first half. Chelsea handed a second debut to deadline-day signing David Luiz, in place of the injured John Terry , but defensively they did not impress. "Are we title contenders?" The next game away at Arsenal we should try to win like last season. My answer was: 'Are you crazy?' "We just have to do it every week, every three days". (more...)
Trump plans 4pct growth, 25m new jobs in 10 years
- September 18, 2016

Among other measures, the plan proposes eliminating the federal estate tax, reducing the taxes that USA companies pay to 15 percent from the current 35 percent rate and exempting childcare expenses. The original tax plan laid out by the NY businessman last September was criticised by Democrats and Republicans alike for its costly price tag. That could offset some savings that wealthy taxpayers would get from cutting the top tax rate from 39.6 to 33 percent. (more...)
Deutsche promises to fight $13bn U.S. mis-selling fine Deutsche promises to fight $13bn U.S. mis-selling fine
- September 18, 2016

The shocking amount that the DoJ is ordering Deutsche Bank to pay could have severe effects on the German company's future. The bank's shares clawed back some losses after the initial sell-off, standing down 6.5 percent by 0840 GMT at 12.27 euros. (more...)
Ricciardo second on grid in Singapore GP
- September 18, 2016

The waters were muddied further for Hamilton in Friday practice when he was unable to complete his race simulation runs after his vehicle suffered a hydraulics issue, giving the team just 10 laps of data to scour over ahead of the grand prix. (more...)
Plan divvies up desert for conservation, energy projects Plan divvies up desert for conservation, energy projects
- September 18, 2016

Thornton added that the decision would slow down the rate of development of renewables projects in Australia and "rattle the confidence" of investors, who have looked for stability after several years of uncertainty. She said they estimate, if fully built out, the project could generate up to 27,000 megawatts of power, or enough energy to power more than 4 million homes, by 2040. (more...)
Ivanka Trump abruptly ends Cosmo interview due to 'negativity'
- September 18, 2016

Ivanka Trump Tuesday evening introduced her father who delivered a speech introducing his plan for child and maternity care, one that Ivanka, an executive vice president at the Trump Organization, helped develop. Mathur also says that the dependent care savings accounts aren't necessarily helpful for low-income families. Married couples that bring in $499,999 a year will have their child care expenses reduced by 39.6 percent. (more...)
Labour MP 'hit list' is against Bible teachings, says Christian group
- September 18, 2016

Mr Field is understood to be on the list because of his support of author JK Rowling's tweeted remarks about Mr Corbyn that: "One day in the far distant future we'll look back and we won't laugh, Labour". The list, obtained by the Press Association, highlighted the behaviour of a number of Labour MPs, including Jess Phillips for telling Corbyn's ally Diane Abbott to "fuck off", John Woodcock for dismissing the party leader as a "fucking disaster", and Tristram Hunt for describing Labour as ... (more...)
Rand weak, low commodity prices weigh stocks down Rand weak, low commodity prices weigh stocks down
- September 18, 2016

U.S. interest rate futures indicate that expectations of a rate increase next week remain low, but the dollar could benefit from anything in the Fed's statement that hints at a hike before the end of the year. The US and Japanese central banks hold monetary policy meetings on September 20-21. Holdings in gold-backed exchange-traded funds rose 1.1 metric tons to 2,018.9 tons on Wednesday, data compiled by Bloomberg show. (more...)
US DOJ probing Wells Fargo on bogus accounts US DOJ probing Wells Fargo on bogus accounts
- September 18, 2016

The report's researchers conducted 75 informational interviews with bank workers in 18 US states, noting that the through the interviews "it becomes clear that Wells Fargo is not alone in implementing these policies ... "I don't want them here if they don't represent the culture of the company", John Stumpf, the company's long-time chief executive, said in an interview with The Washington Post Tuesday. (more...)
Edward Snowden asking for Obama to pardon him Edward Snowden asking for Obama to pardon him
- September 18, 2016

Edward Snowden was more of a "disgruntled employee" than a whistleblower, said Thursday a US Congress report, as a campaign remains underway to rehabilitate the man who revealed the extent of electronic monitoring by the National Security Agency (NSA). (more...)
Wells Fargo fined $185M for fake accounts
- September 18, 2016

The fines included the largest ever penalty ($100 million) paid to the Consumer Financial Protection Bureau . For example, a customer with a mortgage at Wells Fargo may be encouraged to sign up for the bank's home rebate card, which allows the homeowner to reduce the mortgage principal using rewards earned on the card. (more...)
Gary Johnson, Jill Stein Fail to Qualify for First Presidential Debate Gary Johnson, Jill Stein Fail to Qualify for First Presidential Debate
- September 18, 2016

According to the commission's own average of polls, it determined that Hillary Clinton stood at 43 percent support, Donald Trump at 40.4 percent, Gary Johnson at 8.4 percent and Jill Stein at 3.2 percent. Johnson will be joined by his vice-presidential running mate, former Massachusetts Gov. Bill Weld, as well as former Nirvana bassist Krist Novoselic and comedian Drew Carey, the co-owner of the Seattle Sounders. (more...)

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