Markets


Tesla's Autopilot feature gets a revamp, 8.0 OTA update begins rolling out
- September 25, 2016

Tesla v8.0 software update with upgraded Autopilot features has started being pushed to owners last night. Musk, who made the comments on Twitter, added that the release of the software to customers will be gradual to avoid issues, and the upgrade will be "a major overhaul on nearly every level". (more...)
India Completes Deal to Buy 36 Rafales from France
- September 25, 2016

Speaking on the Russia-Pakistan joint military drill, the Congress leader said, "After independence, this is the first time that Russia is having a joint exercise with Pakistan". India had chose to ink the deal for 126 Rafale jets in 2012. This deal, which has been in the works for the past four years, work's to Delhi's favor because it allows the provision that the fighter jets will be customized according to India's requests. (more...)
NY suspect charged with bombing public places NY suspect charged with bombing public places
- September 25, 2016

Rahami, who was armed with a Glock semiautomatic pistol, was shot in the leg, arm and shoulder during the Monday shootout, sources said. Two officers were treated for minor injuries. In a statement Thursday, Maria Mena said neither she nor the child have had physical contact with Rahami in more than two years. William Sweeney Jr., assistant director in charge of the FBI's NY division, said that Rahami was not previously on the bureau's radar and that investigators were working to ... (more...)
Jeremy Corbyn re-elected leader of Britain's Labour Party
- September 25, 2016

But Mr Corbyn's allies view the demand as an attempt to curb his power. If supporters boo and shout at a BBC journalist for doing her job, tell them not to, she adds. It was easier for them when the party was a more manageable size. At this time we need to reflect on what each of us can do for the greater good of the party and the country. (more...)
Yahoo is sued for gross negligence over huge hacking
- September 25, 2016

Although the stolen data can be used in financial crimes, such as identity theft, experts said a foreign intelligence agency can combine the Yahoo files with information from other sources to build extensive dossiers on US government or corporate officials in sensitive positions. (more...)
Shooting in Baltimore, 'Multiple' People Injured
- September 25, 2016

Smith said via Twitter .TWTR 21.42 % . "The 3-year-old and the father were in a different location from the group, but these guys who committed this act really didn't care and they shot a 3-year-old girl", Smith said. Nearby, detectives also were seen using flashlights as they searched tall, overgrown grass in an alley near the shooting site. A separate shooting in Baltimore on Saturday left two people with non-life-threatening injuries, police said. (more...)
Futures slip after three-day rally as oil dips Futures slip after three-day rally as oil dips
- September 25, 2016

The U.S. central bank also projected a less aggressive rise in interest rates next year and in 2018, and it cut its longer-run interest rate forecast to 2.9 percent from 3.0 percent. It also hinted that it will likely raise rates this year because the USA job market has strengthened and economic activity has picked up even though business investment is soft and inflation remains low. (more...)
USA to boost Israel with $38-bn defence package
- September 25, 2016

Israeli Prime Minister Benjamin Netanyahu on Wednesday (Sept 14) thanked the United States' President and Congress for what he called an "historic" military aid package. "In practical terms, the level of funding specified in the MOU will permit Israel to update the lion's share of its fighter aircraft fleet -including through the acquisition of additional F-35s - increase its missile defense, and acquire other defense capabilities needed to meet its threat environment". (more...)
Sarepta Wins Controversial FDA Approval for First DMD Drug
- September 25, 2016

Approval under this pathway can be based on adequate and well-controlled studies showing the drug has an effect on a surrogate endpoint that is reasonably likely to predict clinical benefit to patients (how a patient feels or functions or whether they survive). (more...)
Jeremy Corbyn re-elected as leader of the Labour Party after landslide victory Jeremy Corbyn re-elected as leader of the Labour Party after landslide victory
- September 25, 2016

The party announced Saturday that Corbyn won nearly 62 percent of the more than 500,000 votes cast by Labour members and supporters. The video features one Corbyn supporter who says: "It was the Conservative government in the 1930s that stopped a large number of refugees from Austria and Germany, Jewish refugees, coming into Britain". (more...)
Analyst's Overview of Stock: Cabot Oil & Gas Corporation (NYSE:COG) Analyst's Overview of Stock: Cabot Oil & Gas Corporation (NYSE:COG)
- September 25, 2016

Recently, investment analysts covering the stock have updated the mean rating to 2.4. Having a price of $25.57, Cabot Oil & Gas (NYSE:COG) traded 1.25% higher on the day. The company had revenue of $246.80 million for the quarter, compared to analysts expectations of $279.22 million. 5 years ago dividend of $0.3 per share figure by the company. (more...)
Gold extends advance as Fed breathes life into demand
- September 25, 2016

Spot gold was up 0.2 percent at $1,338.36 an ounce at 1400 GMT, and was more than 2 percent higher on the week, its best weekly performance since late July. Gold is highly sensitive to rising US interest rates, as these increase the opportunity cost of holding non-yielding bullion, while boosting the dollar, in which it is priced. (more...)
Wells Fargo chief gets chewed out on Capitol Hill over account scandal
- September 25, 2016

He did not disclose the problem to shareholders in security findings because, he said, it did not seem to be a "material event". All three such funds on TIAA's website that match the description list Wells Fargo as one of their top holdings at almost 1 percent of net assets. (more...)
Gold and Gold Stocks Corrective Action Continues Despite Dovish Federal Reserve Gold and Gold Stocks Corrective Action Continues Despite Dovish Federal Reserve
- September 25, 2016

Federal Reserve will also reduce the predicted growth rate for the U.S. economy. Gold for December settlement on the Comex division of the New York Mercantile Exchange was last down $1.30 or 0.1 percent to $1,343.40 per ounce. Importantly, the balance-of-risks assessment that Fed watchers monitor closely made a return appearance in the statement, with central bankers judging those risks to be "roughly balanced". (more...)
Google is trying very hard to be Twitter's suitor in sale game Google is trying very hard to be Twitter's suitor in sale game
- September 25, 2016

Twitter shares jumped more than 20 percent to $22.46 per share on Friday on the report of sales talks, marking the largest one-day rise since their first day of trading in 2013. Salesforce executives said they license the Twitter "firehose" of all Tweets that come through the platform, and use it to power sentiment analysis and other tools that show how companies and brands are being discussed and perceived. (more...)
Video shows police pepper-spraying teen girl Video shows police pepper-spraying teen girl
- September 25, 2016

Hysterical, the teen pleads for the officers to let her go, which they refused to do. The teen was charged with disorderly conduct, assault and possession of marijuana, according to police. The chief of police said he did not think it was an option that officers could have followed the girl home on her bike. Hagerstown police Capt. Paul Kifer defended the officer's actions, telling WTOP that the spray was necessary so police could close the auto door. (more...)
US Federal Reserve holds interest rates
- September 25, 2016

Blackberry's (BBRY, BB.TO) Argon is likely to be launched as its third Android smartphone, the DTEK60, according to a product page that might have been accidentally hosted on the struggling company's USA website. Three members of the policymaking committee dissented from the decision. Officials scaled back expectations for hikes in 2017 and over the longer run. (more...)
Asian stocks shoot higher after Fed decision
- September 25, 2016

London time, having touched minus 0.047 percent, the lowest since September 9. On Wednesday, the CAC 40 climbed 0.8 percent, the DAX gained 0.7 percent and the FTSE rose 0.2 percent. Pointing to the "roughly balanced" phrasing, she said, "this statement basically increased the chances of a December rate hike". The Bank of Japan did not cut rates further into negative territory, as expected, but could ease further at its next meeting, set for October 31 and November 1. (more...)
Yahoo Sued For Gross Negligence Over Huge Hacking Yahoo Sued For Gross Negligence Over Huge Hacking
- September 25, 2016

According to a statement by Bob Lord, Yahoo's chief information security officer, the stolen data may have included "names, email addresses, telephone numbers, dates of birth", and security information including passwords, plus security questions and answers. (more...)
Ranieri wants answers from Leicester players after Old Trafford thrashing Ranieri wants answers from Leicester players after Old Trafford thrashing
- September 25, 2016

Meanwhile, United skipper Wayne Rooney fears he will be axed for today's heated encounter. Whoever he picks, it's a mouth-watering strikeforce, at least on paper. Leicester got off to a rocky start but have started to find their form and are coming off the back of a 3-0 win over Burnley. The Foxes are now 11th in the league with seven points from their first five games. (more...)

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