Markets


'Extremely dangerous' hurricane Matthew could deliver devastating blow
- October 04, 2016

Fishermen move their boats out of the water before the arrival of Hurricane Matthew in Arcahaie, Haiti . " Hurricane Matthew has already killed four people and nobody wants that number to rise". As of midday Monday, Matthew remained a category 4 storm, with maximum winds of 140 miles per hour near the center. The National Weather Service says the total rainfall during the storm could be catastrophic , warning that "rainfall will likely produce life-threatening flash floods and mudslides". (more...)
Wall Street boosted by financial, tech stocks
- October 04, 2016

The stock jumped 14% following a report that the bank was nearing a $5.4B settlement with USA officials over charges related to selling toxic mortgage bonds, which would bring a huge sigh of relief relative to the $14B demanded by the Justice Department earlier this month. (more...)
After a monthlong hiatus, Brady returns to Patriots
- October 04, 2016

It was Buffalo's second win in its last 16 visits to Foxborough. "Brissett had thumb surgery this past week, but Jimmy Garoppolo has struggled to raise his injured arm above his shoulder", FanSided noted. "The Bills outplayed us, so that's that". The rookie quarterback completed 17 of his 27 passes for 205 yards. It's not only the opposition's running game that is a defensive liability for the Pats, they give up 264.5 passing yards a game. (more...)
Gold slips on tapering safe-haven demand as Deutsche Bank worries ease
- October 04, 2016

Risk sentiment had benefited on Friday from reports Deutsche Bank was negotiating a much smaller fine with the U.S. Department of Justice, though the Wall Street Journal reported on Sunday that the talks were in flux. authorities than the previously flagged $US14 billion ($A18 billion) fine over mortgage securities. The market showed a relatively muted reaction to the Bank of Japan's weaker-than-expected Tankan quarterly survey released before the opening bell. (more...)
Low-key start for Danny Willett despite brother's comments Low-key start for Danny Willett despite brother's comments
- October 04, 2016

It was a weekend to forget, which began shrouded in entirely overblown controversy after Willett's brother wrote a (satirical) roast of American fans, labeling them a " baying mob of imbeciles ". Danny Willett said he had spoken to his brother Tuesday and "was obviously disappointed in what was said and what was written about the American fans, that obviously took me under their wing fantastically (at The Masters) back in April". (more...)
State trooper hit by motorcycle near Gillette Stadium following Patriots game State trooper hit by motorcycle near Gillette Stadium following Patriots game
- October 04, 2016

They said he drove against traffic in the northbound lane of Route 1 to get away from them, and struck a trooper working a traffic detail near the P8 parking lot. He will be arraigned Monday in Wrentham District Court. The captain was taken to the Boston Medical Center for treatment of cuts and bruises to his face and head. (more...)
Clinton: Trump 'contributing nothing to our nation'
- October 04, 2016

The Republican presidential candidate said Monday in Colorado that in private business , he "brilliantly used those laws" to "pay as little tax as legally possible" during turbulent economic times . Her husband, former President Bill Clinton, is scheduled to make a two-day swing through small OH towns. Ahead of the second debate next Sunday, Mr Trump's campaign is searching for a way to rattle the typically disciplined Mrs Clinton while also gaining control of its own message. (more...)
Trump has a challenging week with tax revelation
- October 04, 2016

Those were the decidedly low-tech beginnings of what may turn out to be one of the most consequential stories of the 2016 presidential campaign. Cuban, who has endorsed Trump's Democratic opponent, Hillary Clinton , told CNN that Trump should "just explain" his tax situation amid reports that the Manhattan businessman was able to legally avoid paying taxes for nearly two decades. (more...)
Polls: Hillary Clinton leading in Colorado, Virginia
- October 04, 2016

According to the survey data , Trump succeeded in saturating the story with voters; 40% heard "a lot" about the issue, and another 34% heard "some". Donald Trump is warning his opponents not to underestimate his ability to come back. He largely stuck to the script at the first event of the day in which he discussed cybersecurity. Republican presidential candidate Donald Trump is coming under fire Monday for comments he made regarding USA soldiers and veterans who have committed suicide. (more...)
NFL Week 4 Odds: New York Giants vs. Minnesota Vikings 10/3/16 NFL Week 4 Odds: New York Giants vs. Minnesota Vikings 10/3/16
- October 04, 2016

The Giants are 2-1, but coming off a tough home loss to the Washington Redskins in Week 3. The Vikings traded for quarterback Sam Bradford following Bridgewater's injury, and despite criticism throughout his NFL career, the former first-overall pick in the 2010 NFL Draft has looked impressive through two starts with the franchise. (more...)
Kim Kardashian arrives NY after robbery in Paris
- October 04, 2016

Kardashian, wearing sunglasses and with her head bowed, was pictured entering her Manhattan apartment with her rapper husband Kanye West on Monday. Once the robbery news went rival, NY radio personality DJ Clue sent prayers to the West family . (more...)
US construction spending fell again in August US construction spending fell again in August
- October 04, 2016

The report showed that private construction spending slipped 0.3 percent. It was the third decline in the past five months. Nonresidential construction was at a rate of $422.4 billion, 0.4 percent down from July's rate of $424.2 billion. Residential construction was at a seasonally adjusted annual rate of $449.2 billion in August, 0.3% below the revised July estimate of $450.4 billion. (more...)
Japan's Nikkei gains on relief over Deutsche, financials bounce
- October 04, 2016

Australia's S&P/ASX 200 rose 0.8 percent to 5,481.70. "U.S. markets are reacting to news from Britain regarding May's speech on Brexit as well as to widening credit default swaps spreads on the Deutsche Bank ", said Wouter Sturkenboom, senior investment strategist at Russell Investments. (more...)
Charlie Strong: "I'm taking over the defense"
- October 04, 2016

The Longhorns gave up 555 yards of total offense in a 49-31 loss to Oklahoma State. Yes, in just a matter of three weeks following an opening weekend win on the national stage against Notre Dame, Strong's future at UT hangs in the balance. Strong has been under intense scrutiny since taking over at Texas. Texas plays Oklahoma in Dallas on Saturday, one week after the Sooners bounced back to beat TCU 52-46. (more...)
Google, Salesforce likely to place bid for Twitter Google, Salesforce likely to place bid for Twitter
- October 04, 2016

According to the report, several big names in tech are interested in the service and could place bids on the social network before the end of the year. Another prospective suitor is Salesforce , a cloud-computing company based in California . United States television network CNBC reported that the company is in discussions with several tech giants as it attempts to secure the best deal for investors. (more...)
Trump running out of time as controversies pile up
- October 04, 2016

While Clinton was away, Republican rival Donald Trump showed strength in OH public opinion polls , buoyed by his appeal with the state's white working-class voters. A Fox News poll before that gave him a 5-point lead, while a Suffolk University poll from September 12-14 had Trump up 3 points. The Florida survey has a margin of error of plus or minus 4 percentage points. (more...)
China, Cuba agree to deepen ties during PM Li's Keqiang Havana visit
- October 04, 2016

The visit by Li came just days after Japanese Prime Minister Shinzo Abe was in the communist country. Chinese Premier Li Keqiang on Saturday (Sept 24th) said it was time for a new direction in relations with Cuba, during a landmark visit to the Americas' lone communist-ruled state. (more...)
Armed jewelry thieves target Kardashian West in Paris Armed jewelry thieves target Kardashian West in Paris
- October 04, 2016

Paris police are hunting for five suspected assailants after the robbery, which has raised new concerns about security in the French capital after a string of deadly extremist attacks. Kardashian's husband, Kanye West, abruptly ended his performance at the Meadows Music and Arts Festival in NY on Sunday night. A spokesman for the French interior ministry said Kardashian West was locked in a bathroom while the men took two cellphones and jewelry worth millions of dollars. (more...)
MPC-led policy may be 'dovish' MPC-led policy may be 'dovish'
- October 04, 2016

There are many who say inflation should be below 5 per cent on a sustainable basis. If you have a home loan, plan to buy a vehicle or need more funds to add capacities in your factory, you would probably be keenly following what the Reserve Bank of India (RBI) announces on Tuesday. (more...)
Why Winnebago Industries, Inc Why Winnebago Industries, Inc
- October 04, 2016

Grand Design has put up a whopping compound annual growth rate of 80% since 2013, and Winnebago management said it expects the acquisition to be immediately accretive to the company's growth profile, profit margin, and earnings per share. Grand Design manufactures the Reflection fifth wheel and travel trailer, the Solitude extended stay fifth wheel, the Momentum toy hauler and Imagine travel trailer product lines. (more...)

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