Markets


Deutsche Bank shares stabilize after deal to sell unit Deutsche Bank shares stabilize after deal to sell unit
- September 29, 2016

Sydney's S&P-ASX 200 rose 0.4 percent to 5,497.40. Deutsche shares were down a further 3 percent on Tuesday. THE TRUMP EFFECT: Investors sold gold and other assets they had bought as hedges against a possible victory by the Republican Trump, who has called for controls on trade and immigration. (more...)
Samsung officially postpones launch of Galaxy Note7 in Nigeria
- September 29, 2016

The vendor said it was working "hand in hand" with the CPSC to deliver the new devices. For UK customers who have Galaxy Note 7 devices, Samsung in collaboration with its partners and operators, will voluntarily replace their current device with a new one. (more...)
Ontario cancels plans for more green energy; has strong supply of electricity Ontario cancels plans for more green energy; has strong supply of electricity
- September 29, 2016

No additional greenhouse gases would be added to the grid, while consumers could save an average of around 2.45 Canadian dollars per month on their electricity bills, "relative to previous forecasts", the government said. Quebec and Manitoba both have hydro rates that are about half of Ontario's because they kept their electricity systems in public hands, added Horwath. (more...)
Southern Co Opens California Solar Facility (SO) Southern Co Opens California Solar Facility (SO)
- September 29, 2016

Shawn Qu, CEO of Canadian Solar . The scheme is expected to enter the construction phase next year and to start supplying electricity to MCE by late 2018. Solar Era has selected Power Engineers Incorporated, an American company specializing in power generation and transmission, to conduct the feasibility study . (more...)
SolarCity Names Finance Chief, in Solar Funds Venture SolarCity Names Finance Chief, in Solar Funds Venture
- September 29, 2016

Now the company has earned "Buy" from 1 equity analysts. Guggenheim reaffirmed a "buy" rating on shares of SolarCity Corp .in a research report on Wednesday, June 22nd. On average, analysts anticipate that Microsoft Corp. will post $2.90 EPS for the current year. Stock's weekly performance expressed up trend of 2.01%. (more...)
U.S. Senator Requests SEC To Investigate Yahoo On Security Breach
- September 29, 2016

They specifically demand to know when exactly Yahoo became aware of the hack. Last year, he introduced Consumer Privacy Protection Act , which would require companies to work to defend against cyberattacks and prevent data breaches. "Conflating the two events is inaccurate", Yahoo said in statement. But the hack only came to light last week. Mr. Leahy, the lead author of this week's letter, unsuccessfully proposed legislation previous year that sought to codify federal rules and regulations ... (more...)
Orders for US durable goods slipped slightly in August Orders for US durable goods slipped slightly in August
- September 29, 2016

The latest reading for bookings of goods meant to last at least three years followed a 3.6% advance the prior month that was less than initially reported, Commerce Department data showed Wednesday in Washington . American manufacturers have seen demand weaken this year, a drag for the overall economy. The government downwardly revised its estimate for those orders in July to a 0.8% gain from the previously reported 1.5% increase. (more...)
Wall Street set to open lower after three-day rally Wall Street set to open lower after three-day rally
- September 29, 2016

The S&P 500 leapt 23.36 points, or 1.09 per cent, to 2,163.12. All 11 sectors in the S&P 500 rose Thursday, led by real-estate stocks, which surged 1.5%. Murphy Oil rose $1.14, or 4.3 percent, to $27.55 and Transocean rose 51 cents, or 5.6 percent, to $9.65. Shares of Apple rose 0.9 per cent to $US114.56 ($A149.56) and was the top influence on the S&P and the Nasdaq after Nomura and RBC raised their price targets. (more...)
Mom charged in murder of 2 missing children; 3rd body found
- September 29, 2016

Macomber was reported to be with the children's mother, Amber Pasztor, 29, when the children were abducted from their home shortly after 6 a.m. Monday in the 7000 block of US 33 in northwest Allen County. As of 10 p.m., the site showed that $9,440 of a $10,000 goal had been raised by more than 50 people in more than 12 hours. The two had been the subject of a statewide Amber Alert that had been issued earlier in the day. (more...)
Shares rally, dollar sags on slow-motion Fed Shares rally, dollar sags on slow-motion Fed
- September 29, 2016

Murphy Oil rose $1.14, or 4.3 percent, to $27.55 and Transocean rose 51 cents, or 5.6 percent, to $9.65. The 10-year U.S. Treasuries yield US10YT=RR dropped to as low as 1.608 percent, down sharply from Wednesday's high of 1.738 percent and hitting its lowest level in nearly two weeks. (more...)
Paul Flynn scolds Len McCluskey for urging rebel Labour MPs to quit Paul Flynn scolds Len McCluskey for urging rebel Labour MPs to quit
- September 29, 2016

The 67-year-old said Sunday he was "reaching out" to his critics - but his proposal to give more decision-making power to party members risks being seen as an attempt to sideline MPs. Corbyn defeated challenger Owen Wilson, 313,209 votes to 193,229 votes. Rob Marris, who represents Wolverhampton South West, was unable to hide his disappointment about the result but said: "The Labour Party needs unity to go forward and hold this Government to account.I hope Jeremy is able to improve the ... (more...)
Kenya launches world's first child-friendly TB medicine Kenya launches world's first child-friendly TB medicine
- September 29, 2016

Some 155,000 children with TB are set to benefit across 18 countries that have already ordered the new medicines and are preparing to roll them out, starting with Kenya , according to the TB Alliance campaign group that oversaw their development. (more...)
Stocks higher after debate as oil plunges
- September 29, 2016

Stocks were higher in Europe with the broad Stoxx Europe 600 rising 1%. USA stocks, hurt by tumbling bank shares, closed sharply lower Monday as Wall Street shifts its focus from interest rate policy to politics as traders brace for the first presidential debate tonight between Hillary Clinton and Donald Trump. (more...)
Trump on his tax audits Trump on his tax audits
- September 29, 2016

When Hillary Clinton pointed out during the first presidential debate that Trump's only public tax returns show he paid nothing for several years, the GOP nominee replied by saying, "That makes me smart". Clinton has released hers, as has Trump's running mate Mike Pence. "When you're leader of a corporation, and people own stock in that corporation, it's your duty to not pay more taxes than you have to", said Sen. (more...)
India and France to sign fighter jet deal
- September 29, 2016

The features that make the Rafale a strategic weapon in the hands of IAF is its Beyond Visual Range (BVR) Meteor air-to-air missile with a range in excess of 150 km. The French had made an opening offer of Euro 12 billion in May previous year when the negotiations began. The Rafale has been used by the French armed forces in combat operations for more than a decade now and has proven its operational excellence in various theatres around the world. (more...)
Think Tank: Connecticut Tax Climate Is Poor Think Tank: Connecticut Tax Climate Is Poor
- September 29, 2016

The state earned a marginally higher rank in the unemployment insurance tax category at 32. This is not the first time Minnesota's business climate has come into question, as Alpha News previously reported the Center of the American Experiment and Twin Cities Business Magazine showed there is a massive "wealth migration" taking place in Minnesota as its top earners and business owners leave the state for more tax-friendly environments. (more...)
Yellen says rate hike likely appropriate this year
- September 29, 2016

The Federal Reserve is considering changing the annual stress tests it gives to USA banks to see if they can withstand a massive financial crisis, and also using test results to set the capital buffers that banks must maintain to blunt the effects of a downturn, according to its chair, Janet Yellen. (more...)
N.J. Sierra Club Joins Dakota Access Pipeline Protest N.J. Sierra Club Joins Dakota Access Pipeline Protest
- September 29, 2016

Dakota Access LLC bought the land from cattle ranchers David and Brenda Meyer of nearby Flasher for an undisclosed sum, according to the warranty deed filed with the Morton County Recorder's Office. She said it's not clear why Dakota Access needs to own the land when it already has a 150-foot pipeline easement. "Like the Standing Rock Sioux Tribe, our tribe's most sacred site, the Snoqualmie Falls, is endangered by destructive development", said De Los Angeles. (more...)
'Magnificent Seven' Wins Weekend Box Office
- September 29, 2016

The movie reunites Fuqua with Denzel for the third time - after Training Day and 2014's The Equalizer. Featuring Andy Samberg, Kelsey Grammer, Jennifer Aniston, Keegan-Michael Key and Jordan Peele in the voice cast, the movie chronicles the challenges of one final baby delivery mistakenly assigned to the storks after they have moved into durable goods deliveries. (more...)
Sainsbury's sales slip in second quarter Sainsbury's sales slip in second quarter
- September 29, 2016

Britain's "big four" supermarkets - Tesco, Sainsbury's, Asda and Morrisons - are fighting back by cutting prices and boosting services. Coupe's job has been made harder by sterling's drop following the Brexit vote, which will push up purchasing costs. (more...)

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