Markets


10 militants killed, soldier injured in two gunfights in Kashmir
- September 21, 2016

On Sunday, India's Home Minister Rajnath Singh termed Pakistan a "terrorist state" in an anti-Pakistan rant, hours after suspected militants attacked an Indian army base in India-held Kashmir (IHK). Bhamre admitted there is a lot of "anguish" in the country over the dastardly terror strike which the Army has blamed on the Pakistan-based Jaish-e-Mohammad outfit. (more...)
Macy's to hire about 83000 holiday workers Macy's to hire about 83000 holiday workers
- September 21, 2016

Seasonal hiring is ramping up in Birmingham and nationwide: Macy's hopes to hire 83,000 workers nationwide, including for its two locations in Birmingham. Additionally, about 1,000 workers will be at Macy's customer service centers, and another 1,000 will help out during the company's Thanksgiving Day Parade and similar events. (more...)
Deutsche Bank to securitise billions worth corporate loans Deutsche Bank to securitise billions worth corporate loans
- September 21, 2016

S&P Global Inc. set a €11.00 ($12.22) price objective on Deutsche Bank AG (FRA:DBK) in a research note released on Friday. Nine research analysts have rated the stock with a sell rating, twelve have given a hold rating and four have given a buy rating to the stock. (more...)
West Virginia AG subpoenas Mylan over EpiPen price hike
- September 21, 2016

West Virginia's top cop revealed this morning he is investigating Mylan and its EpiPen, seeking to determine whether the company violated antitrust laws or defrauded the state's Medicaid program. Ms. Bresch is set to face lawmakers on Capitol Hill on Wednesday when she testifies before the House Oversight Committee amid a firestorm of criticism and accusations of price-gouging by Mylan . (more...)
US stocks can't hang onto gains, finish lower US stocks can't hang onto gains, finish lower
- September 20, 2016

Recent weak US economic data has boosted bets that the Fed will skip the chance to raise rates in the upcoming meeting, but investors will assess Chair Janet Yellen's speech on Wednesday to see if the central bank plans to hike as soon as December. (more...)
Obama: 'We all have a role to play' in terror fight
- September 20, 2016

Earlier on Monday, two Linden, New Jersey police officers confronted and shot Rahami outside a bar. But authorities have not drawn any connection between the bloodshed there and the bombings. "They are trying to hurt innocent people, but they also want to inspire fear in all of us, and disrupt the way we live to undermine our values", Obama said. (more...)
Bank of England lifts United Kingdom third quarter growth forecast Bank of England lifts United Kingdom third quarter growth forecast
- September 20, 2016

Commenting on today's decision to maintain interest rates, Tom Stevenson, investment director for personal investing at Fidelity International, said: "The Bank of England has spared United Kingdom savers and investors another body blow this month by choosing to maintain interest rates at 0.25% following last month's cut". (more...)
Top 25 Roundup: No. 1 Alabama squeezes past No. 19 Ole Miss
- September 20, 2016

Ball State 41, Eastern Kentucky 14: Riley Neal threw for two touchdowns, ran for another and Ball State held Eastern Kentucky to 3 yards rushing in a 41-14 victory Saturday. Yet, as much as Kelly did to bring about Saturday's loss to the Crimson Tide, and as comically terrible as Ole Miss has played down the stretch this season, the head coach deserves the brunt of the backlash for an embarrassingly inept second-half performance. (more...)
Chesapeake Energy (CHK) Stock Lower in After-Hours Trading, Icahn Slashes Stake Chesapeake Energy (CHK) Stock Lower in After-Hours Trading, Icahn Slashes Stake
- September 20, 2016

CHK stock climbed on Monday as oil prices edged higher after fighting engulfed Libya's key Eastern crude-oil ports over the weekend. (NASDAQ:AAPL) is $125.46 while analysts mean recommendation is 1.80. The Beta for the company stands at 1.83 and its Average True Range (ATR) shows a value of 0.4. Chesapeake Energy Corporation ( CHK ): The consensus price target for Chesapeake Energy Corporation ( CHK ) is $6.23 for the short term with a standard deviation of $2.39. (more...)
Uber plans to open office in Detroit Uber plans to open office in Detroit
- September 20, 2016

The confirmation came from Uber vice president Sherif Marakby during the SAE Convergence conference in Novi, Michigan. Last month, Volvo and Uber announced a joint agreement, valued at $300 million, in which Volvo will manufacture base vehicles, and Uber will buy them and outfit the SUVs with its own self-driving hardware and software. (more...)
Everything You Need To Know about the Southeast Gas Shortages
- September 20, 2016

The leak was spotted in Alabama Sept 9. In Boone, the average for a gallon of gas is about $2.06, according to GasBuddy .com. Some reports online said stations were charging as much as $5 per gallon. There have been some reports by viewers of gas prices shooting up to more than $4.00 a gallon at some stations in the metro area. Once the state of emergency has been declared, the governor then has to issue a freeze on prices for a service or a product for them to be subject to price control. (more...)
Syria Declares Cease-Fire Over, Blames Rebel Groups for Undermining Agreement
- September 20, 2016

The agreement, brokered by a temporary partnership between the White House and the Kremlin, had been on the rocks virtually since it began, with both the Syrian military and militants looking to oust President Bashar al-Assad continuing hostilities. (more...)
Wells Fargo CEO calls bank's conduct "unacceptable" in note to customers
- September 20, 2016

Now Wells Fargo is also facing political repercussions. To regain the trust of its customers, the company has announced to eliminate its product sales goals in its retail banking segment. The statement said only that the bank in recent years has "significantly strengthened our training programs, controls and oversight". "Our culture is centered on doing what is right for our customers". (more...)
Defense: Govt witness in bridge trial is a liar Defense: Govt witness in bridge trial is a liar
- September 20, 2016

But who knows? If the evidence confirms this, maybe Donald Trump will start treating Christie with a little more respect. A politician who built a national reputation and presidential ambitions with a tightly controlled public image, Christie now faces what may be the biggest challenge of the bridge scandal: a sustained assault in a venue where he can't control what's being said. (more...)
Showdown Saturday in the Big Ten with big games all over Showdown Saturday in the Big Ten with big games all over
- September 20, 2016

If the Nittany Lions didn't have big plays, they didn't score. According to Vegas , the line opened with Penn State getting 16 points. Part of it is that both of these teams are ranked considerably higher than their opponent, and also because the rest of the Big Ten is playing an opponent of their caliber, or even better than them. (more...)
Asian stocks mostly lower amid US, Japan central banks wait
- September 20, 2016

It's interesting to see the China A-shares premium over the H-shares (Chinese companies traded in Hong Kong) is now at the lowest premium since 2014 as investors see greater "value" in Hong Kong. The Federal Reserve will meet Tuesday and announce its latest decision on interest rates the following day. In the view of most economists, the Fed wants more time to assess the health of the USA economy, the risks from overseas and the prospect that low inflation will soon reach the central bank's ... (more...)
Minnesota Mall Attacker Identified as Somali-American
- September 20, 2016

St. Cloud Police Chief William Blair Anderson confirmed that community elders expressed concerns to him about potential problems that may arise from the stabbing, and the fact it appears it was carried out by someone from the Somali community. (more...)
Uri attack: India decides to isolate Pakistan diplomatically in international forums
- September 20, 2016

Pakistan will continue to support the ongoing indigenous and peaceful struggle of the people of Kashmir for the exercise of their right to self - determination morally, diplomatically and politically, Pakistan Prime Minister Nawaz Sharif has said . (more...)
FBI Questions Car's Occupants in Chelsea Blast Probe
- September 20, 2016

There turned out to be five devices in the bag. It's unknown if the incidents in New Jersey are linked to the bombing in Chelsea. "As governor of NY, this is my worst nightmare", Cuomo said in announcing that 1,000 National Guardsmen would be deployed to the public transportation system for Monday's commute as a precaution. (more...)
Trump says White House downplaying threat from Islamic State after bombings
- September 20, 2016

Clinton and her team see her experience and what they say is her steady judgment as key selling points for her candidacy. "If Clinton really wants to find the real cause of ISIS, she needs to take a long, hard look in the mirror", Trump campaign spokesman Jason Miller said. (more...)

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