Markets


What Analyst Suggest High Price Target? Symantec Corporation (NASDAQ:SYMC)
- September 21, 2016

The liquidity measure in recent quarter results of the firm was recorded 2.00 as current ratio, on the other side the debt to equity ratio was 0.85, and long-term debt to equity ratio remained 0.85. Rosch Francis C; EVP, Norton Business Unit of Symantec Corporation sold 3336 shares worth of $83000 in a transaction dated on 01 Sep 2007. It has a past 5-day performance of -0.04 percent and trades at an average volume of 10.19M shares. (more...)
New BoE rate-setter Saunders sees reasonable growth for UK - FT New BoE rate-setter Saunders sees reasonable growth for UK - FT
- September 21, 2016

That was in line with projections of eight of the 17 economists surveyed by Bloomberg. This is the second CBR rate cut in four months. "Loosening monetary policy now is not advisable as real interest rates are negative, pressure exists on the foreign-exchange market, while inflation is trending upwards", Emefiele said. (more...)
Avnet to sell IT business to Tech Data for $2.6 billion Avnet to sell IT business to Tech Data for $2.6 billion
- September 21, 2016

Under the terms of the transaction, Tech Data will stump up $2.4bn in cash and 2.785 million of its shares (roughly seven per cent of the ownership position), the United States companies confirmed today. But the real story here is that consolidation is hitting tech distributors just as it has hit legacy technology vendors, as evidenced by Dell's recently-closed $67 billion roll-up of EMC, VMware, and affiliated companies. (more...)
Former UK linebacker Avery Williamson injured in Titans' win Former UK linebacker Avery Williamson injured in Titans' win
- September 21, 2016

So, rather than being undefeated and sitting at top of the NFC North, the Lions are 1-1 with a trip to Lambeau coming up next on the schedule. Mariota converted a fourth down with a perfectly lofted 9-yard touchdown pass to Andre Johnson with 1:13 left, lifting the Titans to a 16-15 win over the Detroit Lions on Sunday. (more...)
New England Patriots vs. Houston Texans
- September 21, 2016

The Patriots listed Garoppolo as a limited participant in what was a walkthrough session ahead of their Thursday night matchup with the Texans. While this is still no clear indicator whether or not he will be available on Thursday, it is an encouraging sign for both player and team. (more...)
Machinery makers lead US stocks higher in early trading
- September 21, 2016

The Fed's strategy has not changed since last December. "The only reason people may take their eye off of that is the election". The Dow Jones industrial average gained 9.79 points, or 0.1%, to 18,129.96. Tobira shares rocketed 721%. Tobira is studying drugs that treat symptoms of non-alcoholic steatohepatitis, a disease that triggers inflammation that can lead to cirrhosis, cancer and liver failure. (more...)
NJ mayor: NY bombing suspect Rahami captured in Garden State
- September 21, 2016

Armstead says the man pulled out a handgun and fired at the officers, hitting one in a bulletproof vest. A similar explosive device was found nearby. Christie credited law enforcement with doing "an incredible job" in apprehending the suspect within 48 hours of the first explosion, but said their ability to do so had much to do with his reorganization of information sharing between agencies in the wake of the September 11th. (more...)
AAA expects gas prices in South to keep rising
- September 21, 2016

In the Chattanooga, Tennessee, area, the price of regular gas jumped 6 cents in one day, AAA reported. Tennessee has seen a 13 cent price hike in the last week; the price of gallon of gas in Alabama has gone up 7 cents. Many states have also allowed for an extension of the maximum number of hours truck drivers are allowed to drive in order to deliver gas products to the state. (more...)
Here's What to Expect at the First 2016 Presidential Debate
- September 21, 2016

Many Clinton supporters don't feel passionate about the candidate, but rather support her simply because they don't like Trump. I will show up, they're gaming the ref, that's what they are doing. But he assured O'Reilly that he would show up for the debates. Trump's campaign on Monday argued "the only thing we can expect from a Hillary Clinton presidency is more attacks on our homeland and more innocent Americans being hurt and killed". (more...)
Wells Fargo CEO John Stumpf to Face Senate Grilling Wells Fargo CEO John Stumpf to Face Senate Grilling
- September 21, 2016

Other banks don't face allegations of fraud, like Wells Fargo is, but experts say the industry as a whole engages in high-pressure sales tactics. The Associated Press obtained a copy of the prepared remarks, in which Stumpf says he is "deeply sorry" the bank failed to fulfill its responsibility to customers. (more...)
Microsoft sets $40 billion stock buyback, raises dividend Microsoft sets $40 billion stock buyback, raises dividend
- September 21, 2016

The multinational technology company headquartered in Redmond, the state of Washington, said in a posting on its website that its board of directors had approved a program authorizing the share repurchase. This is the second $ 40 billion buyback program for Microsoft , and the company said it will complete the first round by the end of 2016. The new plan has no expiration and may be terminated anytime. (more...)
Vegas sets Warriors' win total at an over/under record of 66.5
- September 21, 2016

Curry had a historic 2015-16 regular season, as he led the league in scoring at 30.1 points per game, won his second straight MVP award and guided the Warriors to an National Basketball Association record 73 regular season wins. "It's really an outlier for the Warriors to be as separated as they are", Sherman said. This team is going to make sure they're ready for the playoffs, but not at the expense of sacrificing their bodies for the regular season. (more...)
Wells Fargo CEO John Stumpf should resign, says Elizabeth Warren
- September 21, 2016

U.S. Sen. Elizabeth Warren pulled no punches Tuesday as the CEO of Wells Fargo was questioned on Capitol Hill for his part in the bank's opening of millions of phony accounts without customers' permission. But the hearing devolved into a roast, with many members, both Republican and Democratic, slamming Stumpf and the bank's top executives for either promoting the fraud or actively ignoring it. (more...)
Kane injured in Spurs' defeat of Sunderland Kane injured in Spurs' defeat of Sunderland
- September 21, 2016

They will be available for the next few games". Pochettino also lost Eric Dier and Mousa Dembele to apparent hamstring problems against Sunderland, although the Argentine later revealed the midfield duo were suffering from cramp. Sunderland had goalkeeper Jordan Pickford, 22, to thank for keeping Spurs at bay and Lloris was impressed by his performance. It's new for us so it's important to learn. (more...)
Tom Hanks Sully drama storms U.S. box office
- September 21, 2016

The well-reviewed dramatisation of the 2009 emergency landing by Captain Chesley Sullenberger of a jet on the Hudson River connected primarily with older moviegoers, who are usually reluctant to come out on hoopla-filled opening weekends. (more...)
Jury seated for George Washington Bridge lane-closing trial
- September 21, 2016

They argue the actions may have been ethically suspect but weren't criminal. Christie told Williams he had no worries about the upcoming trial of his former aides, saying no one had ever proven he engaged in any wrongdoing. They also have said other people with more power and influence were involved but aren't being prosecuted. She and Baroni face identical counts of wire fraud, conspiracy, deprivation of civil rights and misusing an organization receiving federal funds. (more...)
Wells Fargo eliminating sales goals after fake account fraud Wells Fargo eliminating sales goals after fake account fraud
- September 21, 2016

Wells Fargo has always been known for its aggressive sales goals, but in an industry plagued with questionable action during the mortgage bubble and financial crisis, it was also regarded as a well-run, tightly managed firm. In that model, banks try to enlist customers to buy more and more products from them, thereby saving on servicing and other costs, which add to profits. (more...)
Dame Maggie Smith replies to Jimmy Kimmel's diss at Emmy Awards
- September 21, 2016

Brown and Courtney B. Vance from the Emmy-winning limited series The People v. O.J. Simpson , Sunday night's ceremony proved that given the opportunity, people of color can produce award-winning content. She went to the Oscars to get an Oscar. She showed up at the Tonys. What makes it worthy to be called a "work of art" is that it won this specific award for the second straight year. (more...)
Analysts see 70% chance of Dec Fed hike
- September 21, 2016

Markets are pricing the chances at under 40 percent. Prices are also being pressured by traders' lack of conviction that any deal will emerge from a closely watched meeting between OPEC and Russian Federation next week aimed at addressing the global glut that has hammered prices for two years. (more...)
TIFF 2016: Nate Parker makes first appearance since rape trial controversy
- September 21, 2016

She continued: "Nat Turner was firmly committed tot his faith, but it was s faith that enforced and encourage his subservience and of those that looked like him. Two more questions would follow for Parker, about separating art from artist and whether he feels there are Hollywood double standards in judging people for past sins. (more...)

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