Markets
Accenture profit climbs 45% as revenue grows
- September 30, 2016
The stock has a 50 day moving average price of $113.36 and a 200-day moving average price of $114.40. The stock has a market capitalization of $76.76 billion, a PE ratio of 20.84 and a beta of 1.17. Also, insider Douglas P. Ranck sold 9,300 shares of Allegion PLC stock in a transaction that occurred on Friday, July 29th. Following the sale, the insider now directly owns 125,647 shares in the company, valued at $14,213,188.64. (more...)
- September 30, 2016
The stock has a 50 day moving average price of $113.36 and a 200-day moving average price of $114.40. The stock has a market capitalization of $76.76 billion, a PE ratio of 20.84 and a beta of 1.17. Also, insider Douglas P. Ranck sold 9,300 shares of Allegion PLC stock in a transaction that occurred on Friday, July 29th. Following the sale, the insider now directly owns 125,647 shares in the company, valued at $14,213,188.64. (more...)
Conservative Arizona newspaper tears into Donald Trump, endorses Hillary Clinton for president
- September 30, 2016
Including his mocking of a reporter's physical disability, his public feud with a Gold Star family, and his proposal to ban Muslim immigrants from entering the United States. Urging voters to stay true to their convictions, USA Today said: "Whatever you do, however, resist the siren song of a risky demagogue". Since the September 7 editorial - which former President Bill Clinton has touted on the campaign trail as evidence that support for his wife is growing in conservative circles - ... (more...)
- September 30, 2016
Including his mocking of a reporter's physical disability, his public feud with a Gold Star family, and his proposal to ban Muslim immigrants from entering the United States. Urging voters to stay true to their convictions, USA Today said: "Whatever you do, however, resist the siren song of a risky demagogue". Since the September 7 editorial - which former President Bill Clinton has touted on the campaign trail as evidence that support for his wife is growing in conservative circles - ... (more...)
Yahoo hack hit 500m users, likely 'state sponsored'
- September 30, 2016
It was bombshell news for the millions of users of the popular site. Yahoo said it was working with law enforcement on the matter. In the United Kingdom it is believed data on about eight million user accounts was taken in the hack. Schwartz slammed Yahoo for failing to discover the data breach until a few months ago. All affected users will be notified about the theft and advised how to protect themselves, according to the company. (more...)
- September 30, 2016
It was bombshell news for the millions of users of the popular site. Yahoo said it was working with law enforcement on the matter. In the United Kingdom it is believed data on about eight million user accounts was taken in the hack. Schwartz slammed Yahoo for failing to discover the data breach until a few months ago. All affected users will be notified about the theft and advised how to protect themselves, according to the company. (more...)
Energy shares fuel world stock rally on OPEC deal; oil falls
- September 30, 2016
Energy Aspects estimated the net effect of the production cuts would be around 400,000 barrels a day as output from Libya and Nigeria remained uncertain. At the most, the possible deal would shave off 700,000 barrels a day - some 2 percent of overall production. In this photo dated Wednesday, Sept. 28 , 2016, minister of Energy and Industry of Qatar, Bin Saleh Al-Sada gestures during a closing press conference at the end of a meeting of oil ministers of the Organization of the Petroleum ... (more...)
- September 30, 2016
Energy Aspects estimated the net effect of the production cuts would be around 400,000 barrels a day as output from Libya and Nigeria remained uncertain. At the most, the possible deal would shave off 700,000 barrels a day - some 2 percent of overall production. In this photo dated Wednesday, Sept. 28 , 2016, minister of Energy and Industry of Qatar, Bin Saleh Al-Sada gestures during a closing press conference at the end of a meeting of oil ministers of the Organization of the Petroleum ... (more...)
OPEC members agree to freeze output
- September 30, 2016
However, how much each country will produce is to be decided at the next formal OPEC meeting in November, when an invitation to join cuts could also be extended to non-OPEC countries such as Russian Federation. Assigning individual country quotas is the "major dispute" and while they may be decided at OPEC's next meeting on November 30, "this is still kicking the can down the road". (more...)
- September 30, 2016
However, how much each country will produce is to be decided at the next formal OPEC meeting in November, when an invitation to join cuts could also be extended to non-OPEC countries such as Russian Federation. Assigning individual country quotas is the "major dispute" and while they may be decided at OPEC's next meeting on November 30, "this is still kicking the can down the road". (more...)
Qualcomm Stock Surges on Report of Interest in Acquiring NXP
- September 30, 2016
NXP closed a almost $12 billion deal to buy US-based Freescale Semiconductor last December, creating the world's top maker of automotive electronics and doubling the percentage of its auto-related revenue to 40 percent. NXP Semiconductors N.V. (NXP) is a holding company. Earnings per share for the most recently closed financial statements is expected to come in at $1.6/share with $2.46B in revenue. (more...)
- September 30, 2016
NXP closed a almost $12 billion deal to buy US-based Freescale Semiconductor last December, creating the world's top maker of automotive electronics and doubling the percentage of its auto-related revenue to 40 percent. NXP Semiconductors N.V. (NXP) is a holding company. Earnings per share for the most recently closed financial statements is expected to come in at $1.6/share with $2.46B in revenue. (more...)
Matthew becomes fifth hurricane of Atlantic season
- September 30, 2016
Authorities in Aruba said government offices would be closed Friday and Curacao's parliamentary elections were postponed until next week. NHC forecasters say that gradual strengthening is forecast over the next 48 hours, and Matthew is forecast to become a Category 1 hurricane by Thursday night. (more...)
- September 30, 2016
Authorities in Aruba said government offices would be closed Friday and Curacao's parliamentary elections were postponed until next week. NHC forecasters say that gradual strengthening is forecast over the next 48 hours, and Matthew is forecast to become a Category 1 hurricane by Thursday night. (more...)
Train crashes into New Jersey station; injuries unclear
- September 30, 2016
She and some of the others where injured by debris while waiting on the platform, and others injured were on the train. Train No. 1614 crashed at about 8:45 a.m. And he had only one side, and all of the blood everywhere. "Even the major for-profit freight railroads with their tremendous resources have had a hard time installing PTC", Ireland said. (more...)
- September 30, 2016
She and some of the others where injured by debris while waiting on the platform, and others injured were on the train. Train No. 1614 crashed at about 8:45 a.m. And he had only one side, and all of the blood everywhere. "Even the major for-profit freight railroads with their tremendous resources have had a hard time installing PTC", Ireland said. (more...)
Suspicious package contained 'multiple improvised explosive devices', say police
- September 30, 2016
A suspicious device found in a backpack at a train station in New Jersey exploded as a bomb squad was attempting to disarm it with a robot. A large explosion was heard early on Monday near the transit station, NBC News reported . Police are probing a link to other explosions in NY and New Jersey. The home was roughly one mile from the site where investigators found five suspicious devices, one of which exploded, outside a train station. (more...)
- September 30, 2016
A suspicious device found in a backpack at a train station in New Jersey exploded as a bomb squad was attempting to disarm it with a robot. A large explosion was heard early on Monday near the transit station, NBC News reported . Police are probing a link to other explosions in NY and New Jersey. The home was roughly one mile from the site where investigators found five suspicious devices, one of which exploded, outside a train station. (more...)
Dismissing risks, Trump goes all-in on Bill Clinton's past
- September 30, 2016
In fact, the word "millennial" was never mentioned by either candidate, and "young people" were only discussed once (and in passing). Trump critics say it all ould backfire, elevating her in the eyes of female voters and motivating her base. (more...)
- September 30, 2016
In fact, the word "millennial" was never mentioned by either candidate, and "young people" were only discussed once (and in passing). Trump critics say it all ould backfire, elevating her in the eyes of female voters and motivating her base. (more...)
Crude Oil Rises Ahead Of EIA, Fed
- September 30, 2016
Brent crude futures (LCOc1) settled up 95 cents, or 2 percent , at $46.83 per barrel. LONDON , Sept 20 (Reuters) - Oil prices edged lower on Tuesday ahead of an expected build in USA crude oil stocks and on Venezuelan comments that the oil market remains oversupplied by 10 percent. (more...)
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- September 30, 2016
Brent crude futures (LCOc1) settled up 95 cents, or 2 percent , at $46.83 per barrel. LONDON , Sept 20 (Reuters) - Oil prices edged lower on Tuesday ahead of an expected build in USA crude oil stocks and on Venezuelan comments that the oil market remains oversupplied by 10 percent. (more...)
Stocks rise on OPEC production agreement; oil rally fades
- September 30, 2016
This should benefit the United States high-yield bond market, which has significant exposure to oil-related credits. "We see this more as an act of desperation", Commerzbank analyst Barbara Lambrecht said . Consensus was for a build of three million barrels. The decision marks the end of the two-year pump-at-will policy that was advocated by Saudi Arabia. (more...)
- September 30, 2016
This should benefit the United States high-yield bond market, which has significant exposure to oil-related credits. "We see this more as an act of desperation", Commerzbank analyst Barbara Lambrecht said . Consensus was for a build of three million barrels. The decision marks the end of the two-year pump-at-will policy that was advocated by Saudi Arabia. (more...)
BlackBerry stops making smartphones, focus on software
- September 30, 2016
However, this is not the end of the line for BlackBerry phones. BlackBerry , which a decade ago was among the world's largest smartphone makers, has seen its global market share slip to less than one percent as Apple and Android devices have dominated. (more...)
- September 30, 2016
However, this is not the end of the line for BlackBerry phones. BlackBerry , which a decade ago was among the world's largest smartphone makers, has seen its global market share slip to less than one percent as Apple and Android devices have dominated. (more...)
What does OPEC's tentative deal mean for oil?
- September 30, 2016
Nigeria and Libya, which have had some of their oil facilities damaged by terrorist attacks, are also being given room to pump more. We don't know that yet. "No doubt, Saudi Arabia is feeling the economic pain from low oil revenues". Colin Cieszynski, chief market strategist at CMC Markets, said there is skepticism about whether OPEC members will hold to a commitment. (more...)
- September 30, 2016
Nigeria and Libya, which have had some of their oil facilities damaged by terrorist attacks, are also being given room to pump more. We don't know that yet. "No doubt, Saudi Arabia is feeling the economic pain from low oil revenues". Colin Cieszynski, chief market strategist at CMC Markets, said there is skepticism about whether OPEC members will hold to a commitment. (more...)
Colonial to restart critical pipeline as gas prices spike and shortages emerge
- September 30, 2016
Ga. Colonial Pipeline Co. plans to restart the largest US gasoline line late Wednesday, ending nearly two weeks of curtailed shipments that have driven up pump prices and wiped out supplies at gasoline stations in the East and Southeast. (more...)
- September 30, 2016
Ga. Colonial Pipeline Co. plans to restart the largest US gasoline line late Wednesday, ending nearly two weeks of curtailed shipments that have driven up pump prices and wiped out supplies at gasoline stations in the East and Southeast. (more...)
SABMiller shareholders back biggest takeover deal in United Kingdom history
- September 30, 2016
Aberdeen Asset Management ADN.L , an SABMiller SAB.L shareholder that opposed the brewer's takeover by Anheuser Busch InBev ABI.BR , said it was "obviously disappointed by not surprised by" the resounding approval shareholders of SABMiller gave the deal. (more...)
- September 30, 2016
Aberdeen Asset Management ADN.L , an SABMiller SAB.L shareholder that opposed the brewer's takeover by Anheuser Busch InBev ABI.BR , said it was "obviously disappointed by not surprised by" the resounding approval shareholders of SABMiller gave the deal. (more...)
Oil prices down on profit-taking after two-day jump
- September 30, 2016
But the rise was only temporary after it slipped 1% in yesterday's trading. Few in Alberta are celebrating OPEC's surprise move. Meanwhile, smaller players like Sumatec Resources Bhd, KNM Group Bhd, Daya Materials Bhd and Hibiscus Petroleum Bhd topped the volume list. (more...)
- September 30, 2016
But the rise was only temporary after it slipped 1% in yesterday's trading. Few in Alberta are celebrating OPEC's surprise move. Meanwhile, smaller players like Sumatec Resources Bhd, KNM Group Bhd, Daya Materials Bhd and Hibiscus Petroleum Bhd topped the volume list. (more...)
Strange bedfellows make a bid to raise oil prices
- September 30, 2016
Regarding the oversupply of oil, OPEC Conference President Mohammed Bin Saleh al-Sada, told the group before its private gathering. Crude oil prices spiked higher on Wednesday in reaction to a report from Reuters indicating that OPEC members have reached an agreement to cut oil output. (more...)
- September 30, 2016
Regarding the oversupply of oil, OPEC Conference President Mohammed Bin Saleh al-Sada, told the group before its private gathering. Crude oil prices spiked higher on Wednesday in reaction to a report from Reuters indicating that OPEC members have reached an agreement to cut oil output. (more...)
Oil price rally stalls day after OPEC maneuvering
- September 30, 2016
STOCK prices of Chinese oil companies rebounded yesterday after OPEC members reached a consensus to cut production which raised expectations of higher crude prices in the coming months. It remains to be seen whether non-OPEC members would be willing to cooperate. India has gained much from the fall in oil prices which has helped it reduce cost of imports and nearly stabilise the external sector. (more...)
- September 30, 2016
STOCK prices of Chinese oil companies rebounded yesterday after OPEC members reached a consensus to cut production which raised expectations of higher crude prices in the coming months. It remains to be seen whether non-OPEC members would be willing to cooperate. India has gained much from the fall in oil prices which has helped it reduce cost of imports and nearly stabilise the external sector. (more...)
Deutsche Bank AG (USA) (DB): $14 Billion to Settle Mortgage Probe
- September 30, 2016
Deutsche Bank emphasised that negotiations with the Department of Justice have just started and has confirmed it had been invited to submit a counter proposal. News of the potential fine also hit shares in other banks. She was asked whether German officials had the impression that the settlement demand was some sort of retaliation to the European Commission's ruling that Ireland gave 13 billion euros in illegal tax breaks to USA firm Apple. (more...)
- September 30, 2016
Deutsche Bank emphasised that negotiations with the Department of Justice have just started and has confirmed it had been invited to submit a counter proposal. News of the potential fine also hit shares in other banks. She was asked whether German officials had the impression that the settlement demand was some sort of retaliation to the European Commission's ruling that Ireland gave 13 billion euros in illegal tax breaks to USA firm Apple. (more...)
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