Markets


Aust share market edges lower at start Aust share market edges lower at start
- October 07, 2016

Asian shares firmed on Thursday thanks to stronger USA economic data, while the growing prospect of a near-term U.S. rate hike and possible tapering of stimulus in Europe hit gold and lifted the dollar to one-month highs versus the yen. The major exporters are mixed on a strong yen. At the start of Tokyo share trading, the yen weakened about 0.1% against the dollar. While the UK's FTSE 100 Index slid by 0.6%, the German DAX Index and the French CAC 40 Index both dropped by 0.3%. (more...)
US Discussions on Military Option in Syria Continue Despite Russia's Warning
- October 07, 2016

But the U.S. State Department acknowledged on Wednesday that Secretary of State John Kerry had called his Russian counterpart Sergei Lavrov to discuss Syria despite the announcement. Jan Egeland, head of the UN-backed humanitarian task force for Syria, said the 275,000 people trapped in Aleppo must be added to the list of people living in besieged areas in Syria. (more...)
Matt Drudge Suggests Hurricane Matthew Might Be a Liberal Conspiracy Matt Drudge Suggests Hurricane Matthew Might Be a Liberal Conspiracy
- October 07, 2016

The storm is "closing in on the coast" with winds extending 80 miles out from its centre. A FLASH FLOOD WATCH is in effect for portions of McIntosh, Liberty, Bryan, Chatham, Japser, and Beaufort county. "We need to prepare for the possibility of hurricane-force winds", Miami-Dade Mayor Carlos Gimenez said on Wednesday, according to The Miami Herald . (more...)
Wells Fargo CEO to forfeit $41 million amid fake-accounts scandal
- October 07, 2016

The scandal over millions of deposit and credit card accounts allegedly opened without customers' permission has widened. Elizabeth Warren, D-Mass. Wells Fargo had no comment on the letter. Millions of those accounts, as it's been since revealed, were fake. According to the complaint , " Wells Fargo implemented a fraudulent scheme and scam to increase Wells Fargo stock price by aggressively pushing their employees to open accounts to increase their cross-sell number and not putting ... (more...)
Will review Most Favoured Nation status granted to Pakistan
- October 07, 2016

Asked about Most Favoured Nation (MFN) status to Pakistan, the spokesperson said, the government will take a review on the matter based on security and trade situation. On the reports that Difa-e-Pakistan Council, a umbrella group of jihadi outfits, had organised a rally in Pakistan on October 28, Swarup said India has always voiced its concerns at the freedom available to such internationally designated terrorists in Pakistan to conduct and promote anti-India activities openly. (more...)
Notable Stock Analysts Ratings: Morgan Stanley (NYSE:MS) Notable Stock Analysts Ratings: Morgan Stanley (NYSE:MS)
- October 07, 2016

Want to receive stock recommendations on Morgan Stanley (NYSE:MS) as well as the latest stock picks before the Street? Shares of Morgan Stanley ( NYSE:MS ) traded down 0.52% during mid-day trading on Thursday, reaching $32.39. FineMark National Bank & Trust now owns 4,332 shares of the financial services provider's stock valued at $113,000 after buying an additional 84 shares during the period. (more...)
Procter & Gamble Sheds Specialty Beauty Business Procter & Gamble Sheds Specialty Beauty Business
- October 07, 2016

The mean price target for the equity is at $4.40 while the highest price target suggested by the brokerage firms is $4.57 and low price target is $4.19. The total 23.32 million shares were bought and sold throughout the most recent trading session more than average volume of 18.74 million shares. The sale was disclosed in a legal filing with the SEC, which is available through this link . (more...)
Hong Kong democracy activist Joshua Wong deported from Thailand
- October 07, 2016

Hong Kong student leader Joshua Wong was barred from entering Thailand early yesterday at China's request, said Thai Prime Minister Prayut Chan-o-cha. The Nation , which reported on Beijing's connection with the incident. Mr Wong made a video call on Skype from Hong Kong to the university that lasted about 30 minutes from 7.30pm to 8pm. (more...)
Seize Brexit to transform UK: PM Theresa May
- October 07, 2016

She described the Brexit vote as a "call for a change in the way our country works ", warning that if ministers did not respond, "resentments will grow". Closing the convention in Birmingham, central England, May said Britain wanted both access to the single market and control over immigration in formal talks with Brussels which she will trigger by the end of March. (more...)
Non-OPEC participation in deal would cut 1.2 mln bpd - Venezuela
- October 07, 2016

Despite the strong close, some traders feel the market may be ripe for a near-term correction especially if OPEC and non-OPEC countries decide to flood the market with crude oil several weeks before any potential cut or freeze. Lower crude prices provide great benefits for oil-consuming countries. If the data are positive, it will boost oil prices, but if the data are negative, it will limit how high oil prices can go. (more...)
Pro Clowns Feel Backlash Over "Creepy Clown" Trend
- October 07, 2016

There have been no credible threats to any Dodge City schools. The post from wearecomingtocali Wednesday morning said, "We will be invading Los Angeles, Carson, Culver City, Torrance, Crenshaw, Inglewood, Pasadena, Compton, Lakewood, Palmdale etc". (more...)
Oculus is developing a new Rift headset with GearVR's mobility
- October 07, 2016

The idea is that virtual reality puts. At the Oculus Connect keynote address, Oculus chief Brendan Iribe announced the Touch controllers will go on sale in December, priced at $200 Dollars for the pair. Palmer Luckey, founder of Oculus VR, the company behind the Oculus Rift virtual reality headset, chose to skip this week's Oculus Connect 3 to avoid being a "distraction", Polygon reports . (more...)
UK: Theresa May turns left in Conservative Party speech
- October 07, 2016

Theresa May is to focus her sights firmly on working class voters in her closing Tory conference speech to delegates in Birmingham - dismissing Labour as "sanctimonious" and "the party of pointless protest". On the other, she vowed to improve workers' rights and control exploitative capitalists. She will also attack pundits and MPs who find patriotism "distasteful" and who call immigration fears "parochial". (more...)
Hillary Clinton mocks Donald Trump's early-morning Twitter tirade
- October 07, 2016

The day's news was dominated by Trump's allegation, via his early-morning Twitter rant, that Machado had a "sex tape". He raised questions about Clinton's loyalty to her husband for the first time Saturday night. Trump said in his Twitter messages in the early hours of Friday. Clinton and her campaign have made a New York Times expose on Trump's taxes the focus of their efforts. (more...)
Prince's Paisley Park gets temporary permit to open as museum
- October 07, 2016

On Wednesday's (Oct. 5) Today Show , Al Roker gave viewers a first look inside Prince's Paisley Park home and studio. Roker also spoke to two of Prince's sisters, with Sharon Nelson commenting that the museum was "truly Prince ". Paisley Park tours are scheduled to begin Thursday, Oct. 6. Paisley Park has announced refunds will be given to those folks, but it's still unclear how or when this will occur. (more...)
Brexit worries see pound hit 31-year low against dollar Brexit worries see pound hit 31-year low against dollar
- October 07, 2016

Treasury yields. "It seems that it is going to be hard to provide a tourniquet for sterling's recent wounds given the solidity of the newly announced Brexit timeline (with March set to go down in the history books as when Article 50 was triggered), and the firmness with which May stated her intention to chase border control even if it means relinquishing Britain's position in the single market". (more...)
Wal-Mart expects flat earnings next year
- October 07, 2016

Wal-Mart said Thursday it plans to slow new store openings as it looks to pour more money into its online efforts, technology and store remodels. And it faces competition from dollar stores and traditional grocers like Kroger, which are ramping up promotions. (more...)
Donald Trump threatens to sue over Hillary Clinton attack ad on veterans
- October 07, 2016

For his party, Mr. Trump's reversal in fortune comes at the worst possible moment: Having muted their criticism of Mr. Trump in hopes that he could at least run competitively through Election Day, Republicans must decide in the next few days, rather than weeks, whether to seek distance from his wobbly campaign. (more...)
Deutsche Bank near $5.4 bn United States toxic bonds settlement
- October 07, 2016

Deutsche Bank chief executive John Cryan yesterday responded to what he called "media speculation", saying the bank's balance sheet has never been safer over the past two decades. OIL: Benchmark U.S. crude rose 7 cents to $47.90 per barrel in NY. Brent crude, the global benchmark, picked up 21 cents to $50.02 a barrel in London. (more...)
9-week-old British boy has better hair than you 9-week-old British boy has better hair than you
- October 07, 2016

The 32-year-old works as a hairstylist and confessed she didn't realize how much hair Junior actually has until she gave him his first bath. Noon said she has to blow-dry Junior's hair because it would take too long naturally. The reason may be because high levels of estrogen, the same hormone that can influence hair growth, can cause heartburn. "Everyone's shocked", Noon said. (more...)