Markets


Oil rises on smaller-than-expected build in United States crude stocks
- September 19, 2016

The Energy Information Administration (EIA) reported a decline in crude oil stockpiles of 559,000 barrels for the last week, compared to analysts' forecast for a build-up of 3.8 million barrels. Distillate fuel inventories, however, recorded a more substantial increase, of 4.6 million barrels, after rising by 3.4 million barrels in the week before. (more...)
"Super Mario Run" iOS game announced by Nintendo at Apple Keynote Event
- September 19, 2016

It's the first time Nintendo has created a proper game entirely separately from one of its consoles. However, according to the App Store , there will still be in-app purchases. The game will be released at a set price. As the name suggests, Super Mario Run is a endless runner, a subgenre of mobile action games that was popularized by Temple Run back in 2011. (more...)
Eli to Cruz sets up Giants win again, 16-13 over Saints
- September 19, 2016

A bunch of times when we've played them, it's been high-scoring. Last week was all about the return for Victor Cruz . Later in the quarter Victor Cruz made his first catch of the day and danced past Saints defenders for a 40-yard gain which woke up the crowd.until Cruz fumbled the ball and lost it to New Orleans. (more...)
More than 1M refugees fleeing S
- September 19, 2016

It revealed that South Sudan , with an estimated population of over 12 million a year ago, joins Syria , Afghanistan and Somalia as countries that have produced over one million refugees. "Many children have lost one or both of their parents, some forced to become primary caregivers to younger siblings". "Many women and girls said they were sexually assaulted during their flight". (more...)
German bond yields soar, hit highest levels since day after Brexit German bond yields soar, hit highest levels since day after Brexit
- September 19, 2016

Germany's 30-year bund yields reached their highest level since the Brexit vote result was published on June 24, while those on its 10-year debt, Europe's benchmark, reached the highest since mid-August. MSCI ( Frankfurt: 3HM.F - news ) 's all-country world index declined 0.33 percent after touching a 13-month high in the prior session. The ECB decided against extending the duration of its two-year bond-buying stimulus scheme under which it has been making purchases of €80bn a month. (more...)
Samsung To Limit Unreturned Galaxy Note 7 Batteries To 60%
- September 19, 2016

After another batch of headlines featuring exploding batteries causing damage and injuring consumers, Samsung announced a program over the weekend to allow people to replace their Galaxy Note 7s. There have been at least 35 reports of the lithium-ion batteries within the devices overheating and bursting, resulting in unsafe fires. Baxter added that the customers will receive another device until the new Galaxy Note 7 becomes available. (more...)
Autoworker union still in talks with GM as contract expiration looms Autoworker union still in talks with GM as contract expiration looms
- September 19, 2016

In a release on Sunday afternoon, Unifor did not give any indication of the state of the talks, noting only that its focus on "product allocation and investment" had not changed and that talks would continue around the clock. Mr. Dias spoke about 30 hours before a deadline of 11:59 p.m. Monday and after several days of union officials saying there had been no movement by the company on the key issue of allocating new vehicles to the Oshawa plant and new transmission or engine programs to St. (more...)
Bank of England Kept Interest Rates Unchanged Bank of England Kept Interest Rates Unchanged
- September 19, 2016

South Korean, Chinese, Taiwanese and Hong Kong markets are closed for holidays . Oil prices fell, extending recent losses, after data showed large weekly builds in USA petroleum products that overshadowed a surprise draw in crude stockpiles. (more...)
Enbridge to buy Spectra Energy in CAD37bn deal
- September 19, 2016

This represents a $2.12 dividend on an annualized basis and a yield of 3.83%. It will also take over Spectra's stake in a major liquified natural gas export proposal. That deal fell apart when the tax-free status of the deal was questioned. The deal, already approved by both companies' boards, will still need shareholder approval and will face regulatory scrutiny. (more...)
Minnesota attacker a 'soldier of Islamic State', says IS
- September 19, 2016

It was not immediately clear if the extremist group had planned the attack or even knew about it beforehand. IS has encouraged so-called "lone wolf" attacks, but it has also claimed past attacks that are not believed to have been planned by its central leadership. (more...)
Crude Oil Prices are Likely to Take Longer before Stabilizing
- September 19, 2016

Oil prices slid Wednesday on rising US stockpiles of refined products and news Libya plans to resume oil shipments from a long-closed port. Brent crude traded near the lowest close in more than a week as the International Energy Agency changed its view on global oversupply, seeing a glut persisting into 2017. (more...)
Whisky exports increasing but bosses warn of Brexit 'challenges' Whisky exports increasing but bosses warn of Brexit 'challenges'
- September 19, 2016

Whisky lovers will be raising a dram today to the news that Scotch exports have risen for the first time in three years, though the industry is still hesitant over the challenges of Brexit. France was still the biggest importer by volume, with exports to the country increasing to the equivalent of 90.9 million bottles from the equivalent of 86.5 million bottles in the first six months of 2015. (more...)
IPhone 7: Is Apple killing the headphone jack forever?
- September 19, 2016

The high-gloss finish of the jet black iPhone 7 is achieved through a precision nine-step anodization and polishing process. Although whatever apple release on it's iphone is already released by google in the past. There are other potential solutions, like third-party adapters that are sure to come and battery cases - but some people don't like the extra bulk and weight for their sleek phones. (more...)
Cauvery row: Curfew lifted, normalcy returned to Bengaluru on Wednesday
- September 19, 2016

Meanwhile, Indian Chamber of Commerce and Industry in Coimbatore has urged Prime Minister Narendra Modi to intervene and hold talks with both Karnataka and Tamil Nadu for an amicable settlement. Politicians including the Prime Minister have appealed to people to stay calm and help resolve the issue peacefully. Karnataka Chief Minister Siddaramaiah appealed to citizens to maintain peace. (more...)
NY on high alert after Manhattan bomb injured dozens of people NY on high alert after Manhattan bomb injured dozens of people
- September 19, 2016

General Assembly. Multiple law enforcement officials tell ABC News that investigators are exploring the possibility the two explosions in Chelsea and Seaside Park are linked to the same bomber or bombers by what appear to be similar types of cell phones. (more...)
Markets Right Now: Energy stocks pull USA market lower Markets Right Now: Energy stocks pull USA market lower
- September 19, 2016

The IEA also said Brent crude prices leaped from USD 42 to over USD 50 in early August, but that as of the writing of the report they ranged from USD 46.35 to USD 48.45 in major stock exchanges. They also reported that U.S.' shale drillers proved to be more flexible despite low prices. However, the market shifted its focus towards rising US petroleum products and gasoline stocks. (more...)
Deutsche Bank To Fight US Justice Department's $14 Billion Settlement Demand
- September 19, 2016

A recent article by Reuters also highlighted the ongoing legal battle between the bank and its own shareholders who believe that they were misled into forking out for a £12 billion cash call just a few months before the government was forced to bailout the bank in 2008 for £45.5 billion. (more...)
Earnings Surprise: Marathon Petroleum Corporation (NYSE:MPC) Earnings Surprise: Marathon Petroleum Corporation (NYSE:MPC)
- September 19, 2016

Several equities analysts have commented on MRO shares. When it comes to the Analysis of a Stock, Price Target plays a vital role. JPMorgan Chase & Co. Murphy Oil Corp. During the same quarter in the prior year, the business posted ($0.48) EPS. The company reported the earnings of $1.07/Share in the last quarter where the estimated EPS by analysts was $0.97/share. (more...)
Australian Senator Challenged On TV About Marriage Equality-By Her Gay Brother
- September 19, 2016

But Mr Shorten, who backs marriage equality, has not ruled out supporting the plebiscite to avoid a stalemate in Parliament over the issue that could last until the next election in 2019. "He was talking about, as I heard it, Islamist terrorist ideology and that is absolutely the focus of so much of our counter-terrorism work", he said. (more...)
Donald Trump Releases Medical Evaluation Report Donald Trump Releases Medical Evaluation Report
- September 19, 2016

According to a statement released by the campaign, Trump underwent a physical examination on Friday, Sept. 9. Clinton was spending Thursday campaigning in Greensboro, North Carolina, and speaking to a Hispanic group in Washington . Rival Donald Trump is expected to make public more information about his health on Thursday. Hillary Clinton continues to recuperate at home, with her husband picking up the slack on the campaign trail, where he's once again being forced to defend his ... (more...)

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