Markets


RBS denies latest SME claims, lawmaker demands review publication RBS denies latest SME claims, lawmaker demands review publication
- October 11, 2016

The unscrupulous process, if true, might have helped the bank strengthen its balance sheet in the aftermath of the 2008 recession. Banks can restructure loans when a company gets into financial difficulty, typically when it makes sustained losses, misses loan repayments or the value of its assets falls sharply. (more...)
Long Island train derails, at least 29 injured
- October 11, 2016

Thirty-three people were injured, four of them seriously. Transport authority staff were at the scene and would "work around the clock to determine the cause of this derailment and restore service as quickly as possible", Cuomo said. "They said they were switching tracks at one point, so it was a little insane", one commuter told CBS2's Magdalena Doris. The restoration allows limited westbound train service to resume on the LIRR's Port Jefferson, Ronkonkoma and Oyster Bay Branches, the MTA ... (more...)
Singapore closes Falcon Private Bank for Malaysian Fund link Singapore closes Falcon Private Bank for Malaysian Fund link
- October 11, 2016

The Monetary Authority of Singapore is withdrawing the merchant bank status of the Swiss private bank and said the local branch manager, Jens Sturzenegger, was arrested by the city-state's Commercial Affairs Department on October 5. The MAS also said that it is in the final stages of assessment for the Singapore branch of Standard Chartered Bank, and has referred Raffles Money Change, a local financial company, for investigation by the Commercial Affairs Department. (more...)
Army Corps holds off on resuming Dakota Access pipeline work Army Corps holds off on resuming Dakota Access pipeline work
- October 11, 2016

Keller said that Woodley was among the last arrested and was taken into custody after she left the private property. During the course of the protest, Woodley posted to Facebook Live , and documented when "riot police" showed up on the scene. (more...)
Sadoff Investment Management Exits Position in Wells Fargo & Co Sadoff Investment Management Exits Position in Wells Fargo & Co
- October 11, 2016

Company has a market cap of $228,715 M. Tesla management will hold a live question and answer webcast that day at 2:30pm Pacific Time (5:30pm Eastern Time) to discuss the Firm's financial and business results and outlook. Sandler O'Neill reissued a "hold" rating on shares of Wells Fargo & Co.in a report on Friday, September 9th. Wells Fargo & Co (NYSE:WFC) share price soared 0.33% or +0.15 points to reach at $45.33 during previous trading session. (more...)
Russia says it supports OPEC plan to limit oil production
- October 11, 2016

Meanwhile, Russia continues to back Bashar al Assad's Syrian regime, especially in its aerial onslaught of the besieged opposition-held areas of eastern Aleppo where as many as 300,000 civilians are believed to be trapped. Pipeline would allow Russian natural gas to be delivered directly to Turkey via the Russian Black Sea coast and on to Greece. Russian Federation is also slated to build Turkey's first nuclear power station in Akkuyu on the Mediterranean, a project which Erdogan sees a ... (more...)
Samsung tells users: Turn off your Galaxy Note 7 phone immediately Samsung tells users: Turn off your Galaxy Note 7 phone immediately
- October 11, 2016

The U.S. Consumer Product Safety Commission issued a statement advising "all consumers who own a Samsung Galaxy Note7 to power them down and stop charging or using the device". "No one should have to be concerned their phone will endanger them, their family or their property", Kaye said in a press release. Samsung has urged all owners of its Galaxy Note7 smartphones to power them down and stop using them. (more...)
US cautions air passengers on replacement Samsung Galaxy Note 7 phones US cautions air passengers on replacement Samsung Galaxy Note 7 phones
- October 11, 2016

The unprecedented move has turned into a PR disaster for the company, which prides itself on innovation and quality, and the situation only worsened when reports emerged a week ago of replacement phones also catching fire. Airline passengers with replacement Samsung Electronics 005930.KS Galaxy Note 7 smartphones should power them down and not stow them in checked baggage due to a fire risk, the U.S. (more...)
Of Course: Conservatives Attack Debate Moderators as Trump Loses Big in Polls
- October 11, 2016

I apologized to my family and I apologized to the American people... Poll: Who won the second presidential debate? "I will knock the hell out of ISIS", the celebrity businessman and former Atlantic City casino mogul added. But an opponent like Trump doesn't cheapen a Clinton win, in the debates or in the election. In the days after the first debate, you sent out a series of tweets from 3 a.m.to 5 a.m., including one that told people to check out a sex tape. (more...)
The US Has Officially Accused Russia of the DNC Hack
- October 11, 2016

Be Civil - It's OK to have a difference in opinion but there's no need to be a jerk. "These thefts and disclosures are meant to interfere with the United States election process", the statement said . The statement said that the series of email hacks, leaked to DCLeaks.com and WikiLeaks by an online entity referred to as Guccifer 2.0, were aimed at intervening in the 8 November presidential election . (more...)
Arianna Zucker on Donald Trump's Lewd Comments: 'I Choose to Stand Tall'
- October 11, 2016

Bush's 9 a.m. hour is heavy with lifestyle fare, with less political news than the earlier hours. The former Access Hollywood , and current Entertainment Tonight host feels that Donald Trump , 70, shouldn't be running the country if he's saying terrible things about women! All that's, you know, news that's fit to print. (more...)
Stocks Close Higher On Oil, Energy-sector Gains
- October 11, 2016

Asian stocks rose, led higher by energy companies, as the prospect of a deal to limit crude output and tackle the global glut kept oil above US$51 a barrel. The yen was relatively weaker against the greenback, and was last off 0.16% at JPY 103.14 per $1. The Bloomberg Dollar Spot Index, a gauge of the greenback against 10 major peers, rose for a second day, gaining 0.1 per cent as the Kiwi, Thai baht, Australian dollar and Korean won all lost at least 0.2 per cent. (more...)
MPs call for parliament vote on 'hard' Brexit MPs call for parliament vote on 'hard' Brexit
- October 11, 2016

Prime Minister Theresa May also came under fire from one of her own Brexit-supporting MPs, who accused her of presiding over " tyranny ". Amid increasing likelihood of a " hard Brexit " - a departure from the European Union without a trade agreement in place - the pound as of Friday fell 4.2 percent for the week, the most since June 24 when the Brexit referendum results were announced. (more...)
Hillary Clinton's Lead Jumped After Lewd Video, Before Debate, in WSJ Poll
- October 11, 2016

An aide said Pence had spoken with Trump after Sunday's debate. Please click the button below to manage your account. That's according to a person on the call who demanded anonymity to describe the private conversation. Hillary Clinton has been compared to a "robot" again after she didn't budge when a fly landed on her during the US Presidential Debate. She said Trump's threat "was a quip ". (more...)
Trump Taj Mahal closes in Atlantic City Trump Taj Mahal closes in Atlantic City
- October 11, 2016

The union representing about 1,000 Taj Mahal employees, who had been on strike since July, said over the summer that Icahn had extracted $350 million from the property, "driving it into bankruptcy ", and allowing Icahn to strip the employees of their health and retirement benefits. (more...)
EU nationals allowed to stay in UK after Brexit EU nationals allowed to stay in UK after Brexit
- October 11, 2016

That may change if the currency proves too volatile to allow them to fund those trades, and measures of implied market volatility GBPVOL= surged yesterday to more than 10 percent for durations out to a year. Friday's slump came after French President Francois Hollande said the European Union needed to remain firm with Britain, after it appeared Prime Minister Theresa May had opted for a tougher exit from Europe. (more...)
Poll Finds Clinton Holds Large Lead Over Trump In Massachusetts Poll Finds Clinton Holds Large Lead Over Trump In Massachusetts
- October 11, 2016

Clinton's problem is the flip side of Trump's. Highlighting how much wider Clinton's path to the White House is - and how much the country may be at a demographic inflection point - Clinton could win in an electoral landslide with more than 300 electoral votes even without those states now leaning toward Trump . (more...)
Encana Corp (ECA) Given New C$13.00 Price Target at TD Securities
- October 11, 2016

The sale of the additional Shares recently following the Over-Allotment Option brings the aggregate gross proceeds to Encana from the offering, counting the Over-Allotment Option (collectively, the "Offering"), to about US$1.15 billion. Shareholders of record on Thursday, September 15th were paid a dividend of $0.015 per share. The ex-dividend date of this dividend was Tuesday, September 13th. (more...)
Obama to campaign for Hillary Clinton in Greensboro
- October 11, 2016

GOP lawmakers say they are looking at "a dozen" options - including a possible provision in the year-end spending bill - to prevent the administration from using an obscure fund within the Treasury Department to make massive settlements with insurers... (more...)
Trump, Clinton clash in 2nd debate
- October 11, 2016

On Monday, Trump's campaign manager backed off Trump's threat to throw Clinton in jail. He showed little contrition and no restraint. So was Bill Clinton , until he had to clean up his culinary act. His campaign was already trailing badly with women voters before the video in which he can be heard describing his predatory groping of women. In Pennsylvania she is 12 points ahead (49%-37%) among likely voters and in Florida three points ahead (45%-42%). (more...)

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