Markets


Paris Motor Show: All-new Audi Q5 revealed Paris Motor Show: All-new Audi Q5 revealed
- September 30, 2016

Underneath, it's closely related to the latest A4 saloon, and has been engineered from scratch to reduce weight. Unlike its two major German rivals, Audi put much of the focus on performance during its news conference, something of a surprise considering how much it has emphasized battery-car and other green technologies in recent years. (more...)
US twice tried to deport man killed by police in California
- September 30, 2016

A representative for the family called for police to release any videos in the incident. She won't release the video if an officer is being criminally charged. The man was chased through a strip mall parking lot Wednesday until he fell to the ground and his red "Make America Great Again" cap was pulled from his hands. (more...)
Obama to meet Israel's Netanyahu Wednesday in New York: White House Obama to meet Israel's Netanyahu Wednesday in New York: White House
- September 30, 2016

But dig below the top-line numbers, and you find terms and restrictions that belie the boasts of Obama and other top US officials about "unwavering" commitments and "genuine and abiding" concerns. Netanyahu has repeatedly opposed a two-state solution on the current terms. The most striking statements about the deal come from former prime minister Barak, who wrote an opinion piece in The Washington Post arguing that $38 billion in aid represents a failure to get more money and more ... (more...)
New Jersey commuter train crashes into Hoboken station; injuries reported
- September 30, 2016

PATH trains are also being diverted. "I can't even begin to tell you how many people may be trapped in that first auto". She did not confirm any fatalities. Rail lines can then apply for an additional two-year extension to finalise updates and test the system. More than 100,000 people use NJ Transit trains to commute from New Jersey into New York City daily. (more...)
US Fed chairwoman: No fixed timetable for raising interest rate US Fed chairwoman: No fixed timetable for raising interest rate
- September 30, 2016

Representative Scott Garrett (R-NJ) went after Yellen, saying that the Fed was delaying rate hikes in order to sustain the economy to be favorable to Obama and assist the election of Clinton. Rep. Stephen Lynch, D-Massachusetts, asked. So far Brexit has had little impact on the US economy, he said. The Dodd-Frank Wall Street Reform law enacted in 2010 expanded the Fed's authority over banks, giving it the ability to break up those considered "too big to fail" and requiring it to monitor ... (more...)
Yellen says economy likely ready for rate hike later in 2016 Yellen says economy likely ready for rate hike later in 2016
- September 30, 2016

She warned of the risk of allowing the economy to overheat which could force the Fed to raise interest rates more rapidly and jeopardize the central bank's efforts to promote maximum employment and price stability. Chair Janet Yellen reiterated on Wednesday that most members of its policy-setting committee expect a hike this year. The Fed's review will encompass a variety of compliance concerns after breaches including mortgage abuses and banks' manipulation of benchmark interest rates, ... (more...)
Audi suspends sale of Q5 in India due to emission issues
- September 30, 2016

Not that customers seem to mind though, since the outgoing model continues to prove popular, although it's no longer Australia's - and the world's, with 1.6 million sold globally - most popular luxury SUV, being outsold this year by the Mercedes-Benz GLC, BMW X3, Land Rover Discovery Sport, Lexus NX and BMW's larger X5. (more...)
Disney could buy Twitter Disney could buy Twitter
- September 30, 2016

Twitter's stock jumped more than 20% last week when acquisition reports began penetrating. Details are pretty thin at the moment, but according to the report, Twitter is now mulling over these bids. Last week it came to light that Salesforce was considering a takeover of Twitter . If Twitter were owned by Disney , the service could lose support from other media companies that might view it, fairly or not, as being tilted in favor of Disney-owned content. (more...)
Trump Slams First Presidential Debate Trump Slams First Presidential Debate
- September 30, 2016

A Politico/Morning Consult poll released Wednesday and taken following the first presidential debate at Hofstra University, shows that 49 percent of respondents thought that Hillary Clinton won the debate while 26 percent thought that Donald Trump won the debate . (more...)
500 million Yahoo accounts hacked in historical heist
- September 30, 2016

The hack, announced on Thursday, took place in late 2014. Yahoo blamed the hack on a "state-sponsored actor" and stated they are still investigating the incident. In August a hacker named "Peace" tried to sell 200 million Yahoo users' information. All affected users will be notified about the theft and advised how to protect themselves, according to the company. (more...)
Army rejects Pak's claim of killing eight Indian soldiers in firing
- September 30, 2016

The first agenda item of the cabinet meeting will be discussion on the situation in Kashmir, prime minister's United Nations visit and his bilateral meetings with the world leaders in NY. "We believe that continued communication is obviously important to reduce tensions". The Foreign Secretary also alleged there had been threats made to the life of Pakistan's High Commissioner in New Delhi . (more...)
US pending home sales drop as inventory remains weak US pending home sales drop as inventory remains weak
- September 30, 2016

As the USA economy continues to improve, so does the commercial real estate market, according to the National Association of Realtors (NAR). On a regional basis, the PHSI in the Northeast rose 1.3 percent to 98.1 in August, but there were declines in the Midwest (down 0.9 percent to 104.7), the South (down 3.2 percent to 119.8) and the West (down 5.3 percent to 102.8). (more...)
Bills HC Ryan ask Pats' Edelman if he'll play QB Bills HC Ryan ask Pats' Edelman if he'll play QB
- September 30, 2016

The Bills' coach is prepared for the possibility of Edelman, a college quarterback at Kent State, starting for New England. He's New England's receiver. The Bills sacked Palmer five times and intercepted four of his passes - two by Stephon Gilmore and one each by Corey White and Corey Graham. Brissett was equally hazy about Sunday's status, saying only: "That's coach ( Bill Belichick's) decision". (more...)
Is Woolworths Limited about to sell its petrol stations? Is Woolworths Limited about to sell its petrol stations?
- September 30, 2016

Slumping petrol sales during the year has been a problem for Woolworths, after an agreement with Caltex ended. "Woolworths has received incomplete and conditional proposals from a number of parties in relation to the purchase of the business and the development of an enhanced convenience and loyalty offer to its customers". (more...)
How the Dow Jones industrial average fared on Thursday
- September 30, 2016

Stocks in Europe were hurt by a sharp drop in bank shares, hurt by a decline in Deutsche Bank shares to record lows. Futures for USA markets pointed northward late Wednesday, extending the euphoria over an increase in oil prices and pushing Asia to a higher open. (more...)
TOCOM gains capped as oil retreats after rallying on OPEC deal TOCOM gains capped as oil retreats after rallying on OPEC deal
- September 30, 2016

Brent crude was up 0.4 per cent at US$48.87 a barrel, adding to overnight gains of 5.9 percent. Japan's Nikkei retreated 1.5 percent after sluggish consumption data. Worries about Deutsche Bank's capital position, overburdened by a massive fine from the US authorities related to its mortgage-securities investigation, had sent the bank's shares into a tailspin. (more...)
Automakers show off electric cars at Paris show Automakers show off electric cars at Paris show
- September 30, 2016

Ford Motor Co. opted this year to show its wares at the World Mobile Congress in February in Barcelona, Spain, where chief executive Mark Fields talked about the company's efforts in new technologies such as autonomous vehicles. Like most new chassis designed today, this one is scalable. Predictably, my first instinct upon seeing the Generation EQ Concept was to compare it to the Tesla Model X. (more...)
The Charles Schwab Corporation (SCHW), Spirit Realty Capital, Inc. (SRC)
- September 30, 2016

According to Zacks, "Schwab's August monthly metrics report reflected an overall improvement". The Return on assets indicates how lucrative the business is comparative to its total assets. The company has a market capitalization of $1.68B and a PE ratio of 7.46. The Charles Schwab Corp . had a net margin of 24.07% and a return on equity of 13.03%. (more...)
Starbucks Corporation (NASDAQ:SBUX) Receives 'Buy' Rating From Brokers At CLSA
- September 30, 2016

Laboratory Corp. of America Holdings ( NYSE: LH ), is in the industry Medical Laboratories & Research. Integrated Investment Consultants LLC now owns 938 shares of the company's stock valued at $122,000 after buying an additional 338 shares in the last quarter. (more...)
Fed's Yellen says holding one banking rule, capital surcharge, in place Fed's Yellen says holding one banking rule, capital surcharge, in place
- September 30, 2016

Republican Representative Scott Garrett also pressed Yellen over media reports that Fed Governor Lael Brainard might take a top job in the next administration if Democrat Hillary Clinton wins the November 8 election. "And I have never seen that on the part of any of my colleagues". But Garrett pressed further. There have been media reports that Brainard could be considered for Treasury Secretary in a Clinton administration. (more...)

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