Markets
KDB credit to help Hanjin unload
- September 23, 2016
The decision comes a day after Hanjin's biggest shareholder, Korean Air , agreed to lend the shipper about 54 million dollars. Estimates from the South Korean government have shown the company needs at least KRW 600 billion (USD 537.9 million) to cover unpaid costs such as fuel and cargo handling. (more...)
- September 23, 2016
The decision comes a day after Hanjin's biggest shareholder, Korean Air , agreed to lend the shipper about 54 million dollars. Estimates from the South Korean government have shown the company needs at least KRW 600 billion (USD 537.9 million) to cover unpaid costs such as fuel and cargo handling. (more...)
Police officer charged with manslaughter after unarmed black man shot dead
- September 23, 2016
Crutcher's twin sister later responded by telling reporters,"That big "bad dude" ― his life mattered" and demanding a stop to police brutality. "Our Tulsa Police Department worked quickly to provide all the information to the District Attorney", he said . (more...)
- September 23, 2016
Crutcher's twin sister later responded by telling reporters,"That big "bad dude" ― his life mattered" and demanding a stop to police brutality. "Our Tulsa Police Department worked quickly to provide all the information to the District Attorney", he said . (more...)
Conning Inc. Has $10012000 Stake in Energy Transfer Partners L.P. (ETP)
- September 23, 2016
Currently, the stock carries a price to earnings ratio of 25.72, a price to book ratio of 8.53, and a price to sales ratio of 4.18. A number of other equities analysts have also recently weighed in on the company. Energy Transfer Partners LP has been the topic of 23 analyst reports since October 19, 2015 according to StockzIntelligence Inc. ( NYSE:HEP ) traded up 0.21% during midday trading on Tuesday, hitting $33.96. (more...)
- September 23, 2016
Currently, the stock carries a price to earnings ratio of 25.72, a price to book ratio of 8.53, and a price to sales ratio of 4.18. A number of other equities analysts have also recently weighed in on the company. Energy Transfer Partners LP has been the topic of 23 analyst reports since October 19, 2015 according to StockzIntelligence Inc. ( NYSE:HEP ) traded up 0.21% during midday trading on Tuesday, hitting $33.96. (more...)
Yahoo hack steals personal info from at least 500M accounts
- September 23, 2016
The massive breach at Yahoo means that a treasure trove of stolen data is in the hands of hackers - putting millions of internet users at risk. The breach is said to have occurred in late 2014 and included names, email addresses, phone numbers and birth dates. (more...)
- September 23, 2016
The massive breach at Yahoo means that a treasure trove of stolen data is in the hands of hackers - putting millions of internet users at risk. The breach is said to have occurred in late 2014 and included names, email addresses, phone numbers and birth dates. (more...)
Charlotte Mayor Signs Midnight Curfew Order On Third Night Of Protests
- September 23, 2016
A police spokesman saw the footage said it does not show police misconduct. Republican Rep. Robert Pittenger from North Carolina said that the protesters in Charlotte are motivated by racism because they "hate white people". 21, 2016. But the widespread social unrest in Charlotte, as in other cities, also stems from ongoing economic inequality along racial lines. Police say: The community is basing its interpretation on rhetoric and assumptions that may not fit the facts. (more...)
- September 23, 2016
A police spokesman saw the footage said it does not show police misconduct. Republican Rep. Robert Pittenger from North Carolina said that the protesters in Charlotte are motivated by racism because they "hate white people". 21, 2016. But the widespread social unrest in Charlotte, as in other cities, also stems from ongoing economic inequality along racial lines. Police say: The community is basing its interpretation on rhetoric and assumptions that may not fit the facts. (more...)
Trump Attacks Ford Motor for Outsourcing Car Production to Mexico
- September 23, 2016
Ford says its operating cash flow will remain positive through 2018 and the company expects financial results to improve in troubled Russian Federation and South America as restructuring efforts take hold there. However, Fields stopped short of saying what those vehicles will be. Ford will "fortify" what it calls its "profit pillars": trucks, commercial vehicles, SUVs, and performance vehicles. (more...)
- September 23, 2016
Ford says its operating cash flow will remain positive through 2018 and the company expects financial results to improve in troubled Russian Federation and South America as restructuring efforts take hold there. However, Fields stopped short of saying what those vehicles will be. Ford will "fortify" what it calls its "profit pillars": trucks, commercial vehicles, SUVs, and performance vehicles. (more...)
Tesla, SolarCity Shares Edge Higher Following Musk Tweet About Solar Roof Unveiling
- September 23, 2016
Now, Tesla is giving investors a clearer idea of what to expect , and it's putting a target date on this new technology's unveiling. Tesla is expected to start production of its new "2170" battery cell at the Gigafactory around the same time and the company said that it will find its way in the energy storage products before the battery packs for Tesla vehicles. (more...)
- September 23, 2016
Now, Tesla is giving investors a clearer idea of what to expect , and it's putting a target date on this new technology's unveiling. Tesla is expected to start production of its new "2170" battery cell at the Gigafactory around the same time and the company said that it will find its way in the energy storage products before the battery packs for Tesla vehicles. (more...)
Wells Fargo no longer world's most valuable bank
- September 23, 2016
US prosecutors have begun an investigation related to sales practices at Wells Fargo & Co that led the bank to agree to a $190 million settlement with regulators, a person familiar with the matter said on Wednesday. David Mayorga, a spokesman for the regulator, said Wednesday he could not discuss whether such a referral had been made. As public questions and criticism of the bank's conduct mounted this week, many investors sold. (more...)
- September 23, 2016
US prosecutors have begun an investigation related to sales practices at Wells Fargo & Co that led the bank to agree to a $190 million settlement with regulators, a person familiar with the matter said on Wednesday. David Mayorga, a spokesman for the regulator, said Wednesday he could not discuss whether such a referral had been made. As public questions and criticism of the bank's conduct mounted this week, many investors sold. (more...)
Release 3000 cusecs daily to Tamil Nadu, Cauvery panel tells Karnataka
- September 23, 2016
It was formed in 2013 following a Supreme Court order, as an interim measure to examine the water requirements of the two states until the water management board was constituted. While JD (S) is expected to attend the all-party meeting, party's Mandya MP Puttaraju and few legislators from Cauvery basin region have said that they will resign from their posts in protest against the Supreme Court order. (more...)
- September 23, 2016
It was formed in 2013 following a Supreme Court order, as an interim measure to examine the water requirements of the two states until the water management board was constituted. While JD (S) is expected to attend the all-party meeting, party's Mandya MP Puttaraju and few legislators from Cauvery basin region have said that they will resign from their posts in protest against the Supreme Court order. (more...)
Sarepta sales slump after company announces $225 million stock offering
- September 23, 2016
Sarepta Therapeutics now has a consensus rating of "Buy" and an average price target of $51.01. There are 5 equity research firms suggesting a Hold and 1 consider it Sell. This transaction occurred on 2016-09-19 totals $465000.2. A number of institutional investors have recently made changes to their positions in SRPT. (more...)
- September 23, 2016
Sarepta Therapeutics now has a consensus rating of "Buy" and an average price target of $51.01. There are 5 equity research firms suggesting a Hold and 1 consider it Sell. This transaction occurred on 2016-09-19 totals $465000.2. A number of institutional investors have recently made changes to their positions in SRPT. (more...)
Asian stocks hold near 14-month peak on Fed relief
- September 23, 2016
Oil prices rose for the second straight day thanks in part to a surprisingly large drop in United States crude inventories, pushing oil-linked currencies like the Canadian dollar, Colombian peso and Russian rouble higher. USA stocks mostly rose after the central bank's press conference, sending the Nasdaq to its eighth record close this year. In the US, futures indicated a higher opening. (more...)
- September 23, 2016
Oil prices rose for the second straight day thanks in part to a surprisingly large drop in United States crude inventories, pushing oil-linked currencies like the Canadian dollar, Colombian peso and Russian rouble higher. USA stocks mostly rose after the central bank's press conference, sending the Nasdaq to its eighth record close this year. In the US, futures indicated a higher opening. (more...)
Punjab RSS leader Jagdish Gagneja, attacked last month, passes away
- September 23, 2016
After the Jalandhar police had arrested some Shiv Sena leaders on production warrants from Ludhiana jail in relation to attack on Jagdish Gagneja but it could not crack the case. Meanwhile, Jalandhar Police was also on high alert with high security arrangements at Gagneja's residence. The central agency sleuths have been in the city for a week but they too have not been able to find a clue. (more...)
- September 23, 2016
After the Jalandhar police had arrested some Shiv Sena leaders on production warrants from Ludhiana jail in relation to attack on Jagdish Gagneja but it could not crack the case. Meanwhile, Jalandhar Police was also on high alert with high security arrangements at Gagneja's residence. The central agency sleuths have been in the city for a week but they too have not been able to find a clue. (more...)
President Obama Announces Plans to Lift Sanctions on Myanmar
- September 23, 2016
According to documents seen by Reuters, Gardner planned to introduce the "Empower Burma Act of 2016", which also includes several provisions seeking to boost the economy of Myanmar, formerly known as Burma. "We are honest in trying to bring together the different communities", Suu Kyi said. His administration views Myanmar's transition from military rule as a major achievement of its effort to "rebalance" USA foreign policy toward the Asia-Pacific region. (more...)
- September 23, 2016
According to documents seen by Reuters, Gardner planned to introduce the "Empower Burma Act of 2016", which also includes several provisions seeking to boost the economy of Myanmar, formerly known as Burma. "We are honest in trying to bring together the different communities", Suu Kyi said. His administration views Myanmar's transition from military rule as a major achievement of its effort to "rebalance" USA foreign policy toward the Asia-Pacific region. (more...)
Stocks gain moderately as oil, commodity prices rise
- September 23, 2016
For more on this, BNN is joined by Chris Damas, President at The BCMI Report. It gained 95 cents the previous session to $46.83. ENERGIZED: Energy companies rose, following oil prices. Indonesia and Turkey took a different view as both cut their rates, the latter for the seventh month running. Oil climbed after a surprisingly large drop in US crude inventories emboldened investors ahead of next week's meeting between OPEC members and Russian Federation to discuss supply. (more...)
- September 23, 2016
For more on this, BNN is joined by Chris Damas, President at The BCMI Report. It gained 95 cents the previous session to $46.83. ENERGIZED: Energy companies rose, following oil prices. Indonesia and Turkey took a different view as both cut their rates, the latter for the seventh month running. Oil climbed after a surprisingly large drop in US crude inventories emboldened investors ahead of next week's meeting between OPEC members and Russian Federation to discuss supply. (more...)
Authorities probe ties between blasts, devices in NYC and New Jersey
- September 23, 2016
The unexploded device was then examined for clues to the bomber's identity. "The response by the Federal Bureau of Investigation, the ATF, fire department, EMS, the Port Authority and the state police, they all went into danger", NYPD Commissioner James P. (more...)
- September 23, 2016
The unexploded device was then examined for clues to the bomber's identity. "The response by the Federal Bureau of Investigation, the ATF, fire department, EMS, the Port Authority and the state police, they all went into danger", NYPD Commissioner James P. (more...)
Goods and Service Tax Council's first meet begins on Thursday
- September 23, 2016
The two-day GST Council meeting will discuss the issue of sharing administrative control between Centre and state, besides tax rates. It is likely to be a stormy Friday at Vigyan Bhawan where the Centre and the states will tackle at least three contentious issues even as they agreed to try and roll out goods and services tax from April. (more...)
- September 23, 2016
The two-day GST Council meeting will discuss the issue of sharing administrative control between Centre and state, besides tax rates. It is likely to be a stormy Friday at Vigyan Bhawan where the Centre and the states will tackle at least three contentious issues even as they agreed to try and roll out goods and services tax from April. (more...)
Trump deficit: $5.3 trillion; Clinton deficit: $200 billion
- September 23, 2016
The nonpartisan Committee for a Responsible Federal Budget's analysis estimated that Clinton's plans would increase the US debt by $200 billion over 10 years. It also excludes any calculation of economic impact. Trump's fiscal proposals are built on fairly rosy supply-side assumptions that his major tax cuts for individuals and businesses and strategic spending initiatives will spark increased long-term economic growth that will help pay for the tax cuts. (more...)
- September 23, 2016
The nonpartisan Committee for a Responsible Federal Budget's analysis estimated that Clinton's plans would increase the US debt by $200 billion over 10 years. It also excludes any calculation of economic impact. Trump's fiscal proposals are built on fairly rosy supply-side assumptions that his major tax cuts for individuals and businesses and strategic spending initiatives will spark increased long-term economic growth that will help pay for the tax cuts. (more...)
Oil and gasoline inventories decline more than anticipated
- September 23, 2016
Brent crude, the global oil benchmark, rose 1.6% to $46.62 a barrel on London's ICE Futures exchange. U.S. oil (WTI) prices have edged up on hopes the planned restart of country's main petrol pipeline after a leak more than a week ago will boost demand, while Brent has slipped amid scepticism over a proposed deal to freeze production. (more...)
- September 23, 2016
Brent crude, the global oil benchmark, rose 1.6% to $46.62 a barrel on London's ICE Futures exchange. U.S. oil (WTI) prices have edged up on hopes the planned restart of country's main petrol pipeline after a leak more than a week ago will boost demand, while Brent has slipped amid scepticism over a proposed deal to freeze production. (more...)
Sen. Warren to Wells Fargo CEO Stumpf "You Should Resign"
- September 23, 2016
Warren also noted Stumpf's heavy focus as CEO on cross-selling, a practice of getting multiple products in a customer's hands. In his testimony Strumpf said the bank did not inform the SEC about the matter as "it was not a material event". (more...)
- September 23, 2016
Warren also noted Stumpf's heavy focus as CEO on cross-selling, a practice of getting multiple products in a customer's hands. In his testimony Strumpf said the bank did not inform the SEC about the matter as "it was not a material event". (more...)
Wells Fargo CEO Resigns Position on Fed Advisory Body
- September 23, 2016
Asked whether he considered firing Tolstedt, Stumpf said Wells Fargo's chief operating officer told her earlier in the summer that the bank wanted to go in a "different direction". But you set the target at eight. Sen. Jerry Moran (R-Kan.) encouraged Stumpf to "make certain that the employees are not the scapegoat for behavior at higher levels". (more...)
- September 23, 2016
Asked whether he considered firing Tolstedt, Stumpf said Wells Fargo's chief operating officer told her earlier in the summer that the bank wanted to go in a "different direction". But you set the target at eight. Sen. Jerry Moran (R-Kan.) encouraged Stumpf to "make certain that the employees are not the scapegoat for behavior at higher levels". (more...)
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Ford Motor Company (F) Earns "Hold" Rating from FIG Partners