Markets


Samsung Adjusts Note 7 Smartphone Production Schedule After Fire Reports Samsung Adjusts Note 7 Smartphone Production Schedule After Fire Reports
- October 12, 2016

US consumer safety officials said they're investigating five incidents of fire or overheating since the company announced a recall last month. However, concerns were raised over further defects beyond the battery cell, following several reports in the USA of phones catching fire that showed the green battery icon Samsung added to replacement phones to mark them as safe. (more...)
China premier says economy improving, debt risks under control China premier says economy improving, debt risks under control
- October 12, 2016

The central government will support Macao in hosting the annual Global Tourism Economy Forum, building a series of exhibition brands with worldwide renown, and setting up the headquarters for the China-Portuguese Speaking Countries Development Fund, the premier said when visiting the headquarters of the Macao Special Administrative Region government on Monday afternoon. (more...)
Trump apologises for lewd talk caught on live microphone in 2005 Trump apologises for lewd talk caught on live microphone in 2005
- October 12, 2016

At the time the vote was taken, the reauthorization of VAWA had already been held up in the Republican-majority House for more than a year, because the new version of the law extended its protections to people in Native American nations, undocumented immigrants and people in LGBT relationships. (more...)
Clinton Leads in Double-Digits After Release of Trump Tape
- October 12, 2016

Trump is scheduled to appear alongside Ryan, who endorsed the GOP nominee, at the Walworth County Fairgrounds in Elkhorn, the heart of Ryan's southern Wisconsin district. Breaking with his running mate, Trump made clear he did not agree with Pence on how to deal with war-torn Syria. An online Politico/Morning Consult tracking poll showed far less change , with Trump's numbers dropping by just 1 point after the video release . (more...)
Walt Disney Company (NYSE:DIS) , Air Lease Corporation (NYSE:AL)
- October 12, 2016

MSI Financial Services Inc's holdings in The Walt Disney were worth $14,558,000 at the end of the most recent reporting period. The Hedge Fund company now holds 14,635 shares of DIS which is valued at $1,353,006. The Walt Disney's revenue for the quarter was up 9.0% on a year-over-year basis. During the same period in the previous year, the company posted $1.45 EPS. (more...)
McDonald's: Ronald McDonald Keeping a Lower Profile During 'Creepy Clown' Craze
- October 12, 2016

Americans have been dealing with more and more clown sightings recently, and the internet has helped the creepy craze spread like wildfire. The company did not provide other details about how often its red-haired mascot makes appearances, or how that will change in the coming months. (more...)
Trump says he 'brilliantly' used United States tax laws Trump says he 'brilliantly' used United States tax laws
- October 12, 2016

The billionaire candidate sought to take away an argument that Clinton and her running mate, Tim Kaine, have ramped up in the final weeks of the campaign as they work to portray Trump as risky for American interests overseas. Pence's cool demeanor contrasted with Trump's bluster during his own, top-of-the-ticket showdown against Clinton. "I misspoke tonight", the statement said. (more...)
Ted Baker shares shine on smart profits Ted Baker shares shine on smart profits
- October 12, 2016

British apparel company Ted Baker said revenue rose 14.4% for the 28 weeks ended August 13, driven by online growth and strong retail sales back home and the rest of Europe. Ted Baker says it is pleased with what it calls a "good performance" for H1 2016/17, despite challenging external trading conditions, as the lifestyle brand revealed an increase in half-year sales and profits. (more...)
London police make arrest after creepy clown incident
- October 12, 2016

Some say the creepy clown archetype has roots dating back Stephen King's 1986 horror novel "It" and Batman villain the Joker, who debuted in 1940. Since the start of the Autumn, police in U.S. I haven't been pulled over but I do drive in clown make-up. Incidents in the North East include a masked man carrying a knife leaving a group of children aged 11 and 12 "upset and distressed" when he jumped out on them on their way to the Hermitage Academy in Chester-le-Street on Friday morning. (more...)
There has never been anything remotely funny about clowns... 'killer' or otherwise
- October 12, 2016

Stephen King, who wrote horror novel It featuring child-killing clown Pennywise even reacted to the craze on Twitter, calling on people to "cool the hysteria". "It makes me very sad because I like making people happy". "I don't like the idea of people dressed up as clowns going round with knives knocking on windows and scaring people half to death". (more...)
Republican House Speaker 'focused on saving party majority - not Trump win' Republican House Speaker 'focused on saving party majority - not Trump win'
- October 12, 2016

Emails released by WikiLeaks last week showed Clinton told a group that it's acceptable for a president to project differing positions in public and private. I believe those have to be the most shockingly unAmerican words ever uttered at a presidential debate, and they made me sick to my stomach. While Clinton frequently goes on the attack against Trump, calling him racist, sexist and risky, her campaign insists it has been trying to get a positive, policy-oriented message out. (more...)
What to do if you have a Samsung Galaxy Note 7
- October 12, 2016

So what's next for consumers? However, that was followed by reports that those phones were catching fire too. All of the major US mobile carriers halted sales and trade ins. It depends on the carrier. It's evident just how unsafe the Galaxy Note 7 can be. Prior to today's recall, Samsung's Note 7 seemed to be considered the Gear VR's current flagship phone, with references to the new phone as well as a link to the phone's website. (more...)
Pence: 'Make America Great Again Won the Debate'
- October 12, 2016

While many are saying the debate was unlike to sway many undecided voters, they'll have two more chances to hear from Hillary Clinton and Donald Trump in two more debates before they head to the polls in November. " That's small potatoes compared to Hillary Clinton calling half of Donald Trump's supporters a 'basket of deplorables '". After their first presidential debate last week, Trump and Clinton will meet again in a town-hall style debate Sunday night. (more...)
Two economists share 2016 nobel prize in economics Two economists share 2016 nobel prize in economics
- October 12, 2016

Another Nobel victor praised the decision to hand the economics prize to Harvard University's Oliver Hart and the Massachusetts Institute of Technology's Bengt Holmstrom for their work on the economics of contracts. The U.S. Department of Justice recently chose to stop using private prisons after a report showed the conditions are worse than in government-run prisons. (more...)
Explosives fail to bring down 93-year-old Arkansas bridge Explosives fail to bring down 93-year-old Arkansas bridge
- October 12, 2016

Officials have chose to use cables and a barge to tear down the bridge. After hours of attempts, the arches finally collapsed as originally planned, reports CBS affiliate KTHV . However after the detonation, the arches remained intact and did not fall into the river. State transportation officials say they don't yet know why the explosion didn't work, though it did weaken the structure. (more...)
Ford Mustang production temporarily halted in the US Ford Mustang production temporarily halted in the US
- October 12, 2016

Under the auto manufacturer's labor contract, workers will be paid during the shutdown. Bloomberg suggested that the plant's shutdown could be a sign of the auto market's "growing weakness". Nor is it known if the Ford Performance power kit affects the big four-cylinder coupe's ability to average 8.5L/100km fuel consumption. "In terms of incentives, we're always going to be disciplined, but we'll be competitive as well", Erich Merkle, Ford's sales analyst, said in an interview. (more...)
Canadian bonds trade lower following rally in crude oil prices
- October 12, 2016

Louis, which oversees $US5.2 billion. OPEC hopes to bring its own output down to 32.5 million-33 million barrels per day, reducing about 700,000 bpd from a global glut estimated by analysts at 1.0 million to 1.5 million bpd. Saudi Arabia led OPEC to adopt a pump-at-will policy in November 2014, which led to the abandonment of the group's production target. Analysts and investors are now closely watching the development of Category 4 Hurricane Matthew in southeast US and its potential ... (more...)
UK's Theresa May faces backlash over Brexit immigration plan
- October 12, 2016

The pound has fallen 1.8 per cent to a 31-year low against the USA dollar since the start of the Tory conference amid investor concern that Britain could be heading for a "hard Brexit", with little accommodation for the finance industry. And for industrial names like Rolls-Royce. Laith Khalaf, senior analyst at Hargreaves Lansdown, said sterling could also be taking a hit as the dollar strengthens ahead of Friday's USA non-farm employment update. (more...)
Recent analysts Ratings: The Charles Schwab Corporation (NYSE:SCHW) Recent analysts Ratings: The Charles Schwab Corporation (NYSE:SCHW)
- October 12, 2016

Unlike fundamental experts who attempt to assess a security's intrinsic value, technical experts focus on price movement recorded on charts and numerous analytical tools to assess a security's weakness or strength and estimate future price changes. (more...)
Wal-Mart Ready to Duke it Out with Amazon (WMT, AMZN)
- October 12, 2016

Wal-Mart Stores Inc. (NYSE:WMT) reported its last quarterly earnings on Jul 16 where the firm reported its Actual EPS of $1.07/share against the analyst consensus estimate of $1.02/share. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink . Also, major shareholder Alice L. (more...)

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