Markets


Data storage provider Nutanix soars in market debut Data storage provider Nutanix soars in market debut
- October 01, 2016

Demand for tech offerings has been robust, and on Friday shares of Nutanix, an enterprise data storage provider, more than doubled in their market debut. Money raised from IPOs fell by more than a third to $79.2 billion in the first three quarters of the year, the slowest such period since 2009, Thomson Reuters Equity Capital Markets (ECM) data showed. (more...)
Oil rallies after Opec ministers announce output cut
- October 01, 2016

Del Pino hopes that the deal will facilitate a recovery of world crude prices, which have fallen by 60 percent over since late 2014, sparking acute economic difficulties in countries such as Venezuela, Russia , Saudi Arabia , and Nigeria. (more...)
Hillary Clinton Spars With Zach Galifianakis in Hilarious 'Between Two Ferns' Interview
- October 01, 2016

Galifianakis: No, you're suppose to say, " Yeah, you know me ". Clinton's interview with Galifianakisis on his amusing or Die website show is part of her campaign's effort to show a funnier, softer of the former secretary of state. "He paid me in steaks", Zach replies. "What happens if you become pregnant?" he asked. Clinton, for the record, has no regrets over losing the Baio vote. (more...)
Hillary Clinton says she regrets this interview
- October 01, 2016

And this task wasn't easy, with Galifiankakis putting out questions like "As secretary, how many words per minute could you type?" In the video , Galifianakis comes into the interview room dressed as the Grim Reaper but then gets manhandled by the Secret Service. (more...)
Prince William and Kate dine on 'unusual' delicacy during Canada visit Prince William and Kate dine on 'unusual' delicacy during Canada visit
- October 01, 2016

Today they will visit the tiny town of Carcross, which has a population of around 300 as well as tour some of the Yukon. As the couple toured a food and wine festival in the idyllic setting of a hilltop winery in the Okanagan valley, they initially appeared as if there was no chance of any geoduck passing their lips. (more...)
Princess Charlotte Says Her Very First Word Princess Charlotte Says Her Very First Word
- October 01, 2016

The family was in Victoria, British Columbia, yesterday, where they attended a children's party for military families. All children present were under the age of five. 'Charlotte asked for a flower, I think she said "flower" because the other little girls were asking for flowers'. But not if you're Prince George . (more...)
US Federal Reserve keeps key interest rate unchanged
- October 01, 2016

That's sending dividend-paying stocks higher. Energy companies followed oil prices higher. It was last down 0.3 percent at $1.3040, up 0.3 percent for the week. BANK OF JAPAN: Japan's central bank made some technical changes that give it more influence over long-term interest rates. The Fed added that it held off on raising rates "for the time being" until there is more evidence that the USA economy is improving and the labour market is on the upturn. (more...)
U.S. House panel lambasts Wells Fargo boss over phantom accounts
- October 01, 2016

Stumpf has repeatedly apologized for those misdeeds and agreed earlier this week to forfeit $41 million in his own personal unvested stock and go without a 2016 bonus. Brad Sherman, a Democrat from California, asked the committee to summon other Wall Street chiefs, including from Citigroup Inc. and Bank of America Corp., to determine if they have imposed sales demands and quotas on their employees. (more...)
Black box recorder found in New Jersey train crash
- October 01, 2016

While some crew members have been interviewed, the engineer was not, though federal investigators have been in touch with him, Bella Dinh-Zarr, vice chairman of the National Transportation Safety Board , said during an afternoon press conference Friday. (more...)
Fake Accounts Scandal Threatens City Government's Relationship with Wells Fargo
- October 01, 2016

State treasurer Michael Frerichs said in a media advisory that he plans to "suspend billions of dollars in investment activity". Lawmakers were already incensed at Wells Fargo CEO John Stumpf following the company's admission that its employees had opened up to 1.5 million bank accounts and 565,000 credit card accounts that may not have been approved by customers. (more...)
Fed's Internal Split Tied to Dueling Views on Jobs Outlook
- October 01, 2016

Seoul's Kospi advanced 0.9 percent to 2,017.94, Sydney's S&P-ASX 200 gained 0.4 percent to 5,497.40 and India's Sensex rose 0.8 percent to 28,735.71. Fed-fund futures suggested a very modest pickup in expectations for a rate increase in December, after the US central bank signaled it expects an increase by the end of the year, and three officials also dissented for the first time since 2014. (more...)
Petrol price hiked by 36 paise/litre, diesel cut by 7 paise Petrol price hiked by 36 paise/litre, diesel cut by 7 paise
- October 01, 2016

The Department of Energy on Friday said that the price of petrol will increase by at least 43c per litre in October while diesel will increase by at least 23c per litre. Previously, the petrol price was increased by 58 paise exclusive of state levies earlier this month on 16. The wholesale price of diesel (0.05% sulphur and 0.005% sulphur) will increase by 23c per litre, while the wholesale price of illuminating paraffin will increase by 22c per litre. (more...)
Miami Dolphins: Fins win overtime thriller
- October 01, 2016

AT&T said Tuesday it expanded coverage at Hard Rock Stadium before Sunday's game. Gase said he would not be available to play on Thursday night because he is in the concussion protocol. "It's like I told you guys last week, you need 10 other guys to do their job before you have a chance to do your job". Everybody who says he lost the game can look right at me. (more...)
House lawmakers heap blistering criticism on Wells Fargo CEO House lawmakers heap blistering criticism on Wells Fargo CEO
- October 01, 2016

There was grandstanding from Democrats and Republicans alike, who took turns telling Stumpf what an incompetent, dishonest con man he was for his bank's fake-account scandal. The top Democrat on the House Financial Services Committee said Thursday that she is actively working to break up Wells Fargo . Like his testimony before the Senate Banking Committee a week earlier, he accepted full responsibility and shared with the Committee updated information about what work Wells Fargo is doing ... (more...)
Wells Fargo CEO to forfeit $41M amid illegal practices
- October 01, 2016

Warren and other senators pushed Stumpf to commit to giving back some of his pay and to take back pay from Tolstedt. The statement also says Carrie Tolstedt, the company's former head of community banking, has left Wells Fargo . The bank told CNBC,"While we continue to determine the details for 2017 goals and incentive plans for the retail bank, we are taking steps to accelerate the removal of product sales goals effective October 1, 2016, and put greater emphasis on delivering the best ... (more...)
NTSB probe of deadly crash focuses on engineer, black box
- October 01, 2016

The event recorder should shed light on what exactly happened in the train's final moments. Dinh-Zarr said the NTSB, which could take more than a week gathering evidence and much longer to draw conclusions about the crash, has not yet had a chance to examine the rail cars because they remain under portions of the station roof that collapsed onto them. (more...)
Turkish markets up, lira rises against dollar post Fed decision
- October 01, 2016

Last month, the committee released minutes from its July meeting indicating that it had chose to forgo raising the federal funds rate until the markets recovered from the initial impact of the Brexit vote. After market's suffered a jittery start to the year this was revised down to two increases, which has since fallen to one following concerns about weaker than expected U.S. (more...)
Hamilton tops pre-qualifying practice at Malaysian GP Hamilton tops pre-qualifying practice at Malaysian GP
- October 01, 2016

The historical odds, however, are stacked against Hamilton. Three-time world F1 champion Hamilton said: " That was a good day today ". A year ago, Vettel beat Rosberg and Hamilton to victory by taking one fewer pit-stop than the two Silver Arrows. (more...)
Changes To Shaw Communications Inc. (NYSE:SJR) Target Prices
- October 01, 2016

A number of analysts have issued reports on the company. In the company's insider trading activities, SILLIMAN CRAIG L.; EVP of PubPolicy & Gen Counsel of Verizon Communications Inc . Its EVP of PubPolicy & Gen Counsel SILLIMAN CRAIG L. sold 672 company shares for $35000.21, in a transaction on 2016-09-26. (NYSE:VZ)'s price target was revised on 08/25/16 by the analysts, however the bullish price estimates of the stock set at $60.00 while the bearish estimates kept at $42.00 over the next ... (more...)
Big Ten admits error on Smith's ejection
- October 01, 2016

Penn State will remain home for most of the month of October, opening up a three-game homestand against the Golden Gophers Saturday at 3:30 p.m. on the Big Ten Network . Barring a complete and total collapse between now and the end of November, Franklin will get a fourth season. "You have to be willing to lower your shoulder and run people over or get in a gap and push the pile for 4 or 5 yards". (more...)

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