Markets


Kaine 'the interrupter' hit for debate demeanor
- October 06, 2016

Tim Kaine of Virginia, came across as reassuring, reasonable and conservative in ways that, before Donald Trump came along, Republicans had grown to expect. Rather than defend Trump's foreign policy positions, he criticized Clinton's "weak and feckless leadership". "I think the question was always going to be, how far would Mike Pence go to defend Donald Trump , or would he be more concerned about his own 2020 aspirations?" Ayers dismissed the swipe, saying Pence dispatched Kaine's ... (more...)
Watch Tim Kaine interrupt Mike Pence 72 times at the VP debate Watch Tim Kaine interrupt Mike Pence 72 times at the VP debate
- October 06, 2016

Pence, campaigning in Virginia, said Trump had called him late at night to congratulate him. Pence was largely seen as the more likeable candidate on the stage, 53% to 37%, and almost all of the movement in Kaine's favorability rating post-debate was toward the negative side: His unfavorable rating rose from 28% among this same group of debate watchers when they were interviewed pre-debate to 40% after, while his favorability number held about even at 55%. (more...)
Paisley Park given 3-day temporary permit amid zoning snag
- October 06, 2016

On Monday, the Chanhassen City Council indefinitely postponed voting on a rezoning request by the trust company overseeing the late star's estate for the complex to be operated as a museum and said Tuesday that the request will come up for another vote "on or before" December 20. (more...)
Samsung Galaxy Note 7 replacement phone reportedly catches fire on plane
- October 06, 2016

A customer on board Southwest Flight 994 from Louisville, Ky., to Baltimore noticed smoke coming from the device before the plane took off, Southwest said. In September, Samsung recalled the phone after reports of its battery catching fire. Though there have been reports of replacement phones having issues internationally, this appears to be the first incident to happen within the United States. (more...)
ONGC Videsh's Additional 11% Vankor Stake Buy Gets Cabinet Nod ONGC Videsh's Additional 11% Vankor Stake Buy Gets Cabinet Nod
- October 06, 2016

The daily production from Vankor is around 421,000 barrels per day (bpd) of crude oil on an average and together with the earlier acquisition of 15 per cent, OVL's share of daily oil production from Vankor will be about 110,000 bpd, the company has said. (more...)
Morgan Stanley estimates Deutsche settlement over United States fine at $6 billion
- October 06, 2016

Offsetting the banks' troubles, official data Friday showed eurozone consumer prices rose to a near two-year high of 0.4 percent in September - offering hope that a disputed program by the ECB to stimulate the economy may be delivering. The stock rose as much as 15.16 percent, its best intraday percentage gain in almost five years. The IT services provider said it was conducting an internal investigation into possible violations of USA anti-corrupt practices laws related to payments in India. (more...)
Wells Fargo to pay $24.1 million for improper repossession of servicemembers' cars
- October 06, 2016

Buffett's secretary told Reuters he was not immediately available for comment. Financial Services Committee Chairman Jeb Hensarling (R-Texas) delivered the open remarks the hearing noting that this hearing "is just the beginning of our investigation, not the end". (more...)
NJ Transit Was Probed Over Safety Before Hoboken Crash
- October 06, 2016

On Thursday, a commuter train smashed through a steel-and-concrete bumper and hurtled into the station's waiting area, killing a woman on the platform and injuring more than 100 other people. It says a full study can't be completed yet because the train is still in the station. A New Jersey Transit worker at the station said he heard an explosion-like sound as the lead auto, coming into the station fast, slammed into the bumper block. (more...)
Capital One Financial Corporation (COF) Shares are Up 0.77%
- October 06, 2016

With an institutional ownership near 99.7%, it carries an earnings per share ratio of 1.66. The latest trading activity showed that the McKesson Corporation price went down -17.67% from its 52-week low and trades up 12.26% versus its 52-week high. (more...)
Daydream View is Google's new VR headset
- October 06, 2016

Google also came in with a device known as the Wi-Fi router. At a starting price of roughly $650, the new Pixel phones are aimed at the same markets as Apple's iPhone and Samsung's Galaxy flagship phones. However, Apple still rules the high end of the market, and Google has always been frustrated by the emergence of many variations of Android and the inconsistent experience that has produced. (more...)
Google launches own-brand smartphone to rival Apple's iPhone
- October 06, 2016

The pixel will be available in two sizes - the standard 5 inch, and the standard 5.5 inch (titled Pixel XL), according to Tech Crunch . The collection features Pixel and Pixel XL with fascinating high-end features. As for now, there is still no support for multiple Google accounts, but this should be available in future. Besides $649 Pixel phone , the company revealed a smart speaker for the living room named 'Home, ' a new Wi-Fi router and a virtual reality headset . (more...)
Galaxy Note 7 ignores 'No Smoking' signs on plane
- October 06, 2016

The flight was immediately evacuated, and the picture below purportedly shows the phone after smoke stopped coming out of it. Luckily, the phone malfunctioned while the plane was still grounded. What's notable about this news is that Green says that he has a new Galaxy Note 7 that's not supposed to overheat. We've asked Samsung for comment and will update this story if we get a response. (more...)
Yahoo scan by US fell under foreign spy law expiring next year Yahoo scan by US fell under foreign spy law expiring next year
- October 06, 2016

In addition, Yahoo's $4.8 billion sell-off of its web media division to telecommunications firm Verizon has been placed in question due to the latest revelation. "If I were them, I would say, OK, give me a list of all the things that went wrong over the last three, four, five years", Sinha said. Other Internet companies including Apple , Google, Twitter and Facebook said they never received a similar request. (more...)
Global growth to remain weak
- October 06, 2016

The economy grew 2.6 percent in 2015. With Britain voting this year to secede from the European Union and United States presidential candidates disfavoring open borders, the International Monetary Fund said populist politics imperiled trade liberalisation and economic growth. (more...)
Markets Right Now: Energy stocks lead market higher Markets Right Now: Energy stocks lead market higher
- October 06, 2016

Investors took that as a sign that the Federal Reserve is more likely to raise rates from super-low levels this year, and pushed yields on government bonds higher. Gold slumped 43 USA dollars, or 3.3%, to 1,269.70 USA dollars an ounce. The IMF upgraded its forecast for Japanese growth to 0.5 percent this year and for the 19 countries that use the euro currency to 1.7 percent. (more...)
USA monetary policy less expansionary than it might seem, Fed's Evans says
- October 06, 2016

Yellen demurred on intervening in Wells Fargo, but said the Fed has initiated a review of all the large banks and is concerned about compliance across the board. Ms Yellen told the committee that, in general, large and regional banks are now well-capitalized and profitable, and the Fed is seeing growth in commercial and industrial lending. (more...)
Analysts cut Wells Fargo profit estimates ahead of results
- October 06, 2016

The Chicago City Council on Wednesday approved a one-year suspension for Wells Fargo from city business because of its scandal over phony accounts, joining the states of IL and California in punishing the bank. Wells Fargo staff opened checking, savings and credit card accounts without customer approval for years to satisfy managers' demand for new business, according to a $190 million settlement with federal regulators and California prosecutors reached on September 8. (more...)
Hillary Clinton Responds to Teen's Bold Question About Body Image
- October 06, 2016

Since last week's debate, Trump has faced a barrage of questions over a leaked tax return showing he lost more than $900 billion in 1995. Campaign manager Kellyanne Conway told NBC news that Trump had paid "hundreds of millions of dollars in taxes ― property, real estate, excise, state, local, and federal payroll taxes, certainly". (more...)
United Kingdom stocks jump as pound slides; Japan rises on yen weakness United Kingdom stocks jump as pound slides; Japan rises on yen weakness
- October 06, 2016

Cabela's (CAB.N) surged 15.02% after the retailer said it would be acquired by Bass Pro Shops in a deal valued at about $5.5 billion. THE QUOTE: Ernie Cecilia, chief investment officer at Bryn Mawr Trust, says companies are making deals because they have few other ways of lifting sales in a slow growth, low inflation world. (more...)
Fox News' Sean Hannity Slams Megyn Kelly for 'Clearly' Supporting Hillary Clinton Fox News' Sean Hannity Slams Megyn Kelly for 'Clearly' Supporting Hillary Clinton
- October 06, 2016

Hannity also implied that his relationships with coworkers weren't all that great. The tweet was apparently in response to Kelly comments earlier in the evening on The Kelly File when she accused both presidential candidates of avoiding tough interviews. (more...)