Markets


Sir Bradley Wiggins will not compete in Abu Dhabi Tour Sir Bradley Wiggins will not compete in Abu Dhabi Tour
- October 14, 2016

But the situation escalated further last week after it emerged that UKAD had launched an official investigation into a medical package delivered to Team Sky by a British Cycling employee on the final day of the Critérium du Dauphiné in 2011. (more...)
Trump trails Clinton by 8 points after tape scandal, debate
- October 14, 2016

The latest swing state polls Tuesday showed Trump trailed Democratic nominee Hillary Clinton , but he wasn't completely out of reach. Clinton's campaign raised the curtain on her visit by releasing new ads in Spanish featuring prominent Nevada DREAMer Astrid Silva, who talks about the risks to her if Donald Trump is elected and makes good on his immigration campaign promises. (more...)
Analytical Preview of Pan American Silver Corp. (NASDAQ:PAAS) Analytical Preview of Pan American Silver Corp. (NASDAQ:PAAS)
- October 14, 2016

Number of analysts are eying this stock and after detailed observation, stock got mean target price of $58.67 while their mean recommendation is 1.80 (1=Buy, 5=sell). The company has its Price to Sales (P/S) ratio of 3.12 where Price to Book (P/B) ratio of 4.43, Price to Cash Per share (P/C) of 9.38 and Price to Free Cash Flow (P/FCF) has a value of 0. (more...)
Hotline set up to help farmers affected by pipeline protests
- October 14, 2016

Protesters and members of more than 90 Native American nations and tribes have been encamped on the Missouri River since May fighting against the construction of the 1,170-mile pipeline that would transport 470,000 barrels of crude oil across four states , including sacred sites and burial grounds. (more...)
Bill Clinton Responds to Trump Gathering His Accusers Ahead of Debate
- October 14, 2016

Not any more. Which is why House Speaker Paul Ryan and a section of the GOP has chose to jettison support for Trump while trying to preserve the party's Congressional majority, essentially to concentrate their resources on Congressional races instead of spreading it to the Presidential election too. (more...)
Elizabeth Bombing Suspect Pleads Not Guilty
- October 14, 2016

Ahmad Rahimi appeared in the court hearing in Elizabeth via video from his hospital bed Thursday afternoon. It was the first public appearance for 28-year-old Ahmad Khan Rahimi since he was arrested after a shootout with police 24 days ago in Linden, New Jersey. (more...)
More women come forward accusing Donald Trump of sexual misconduct More women come forward accusing Donald Trump of sexual misconduct
- October 14, 2016

The whirling dervish that is Donald J. Trump spun ever-faster on Thursday, shredding nearly everything in his range of vision - Hillary Clinton , his fellow Republicans who fail to support him unequivocally, the growing chorus of women accusing him of sexual misconduct, and especially the press. (more...)
Many Hurricane Matthew victims don't have flood insurance
- October 14, 2016

In Robeson County, a man fell into a hole created by an uprooted tree. Duke Energy said that based on the current state of the Neuse River and detailed studies of the area, it expects minimal impact to the river level from water leaving the cooling pond. (more...)
Samsung Note 7 recall in US expands to replacement phones
- October 14, 2016

Consumer Product Safety Commission. As some of the replacement Note 7s reportedly caught fire as well, Samsung made a decision to permanently end production of the devices. A number of the phones overheated causing fires just months after it was launched . Samsung said the packaging kits conform with US requirements for shipping lithium-ion batteries or devices containing them that are subject to a recall. (more...)
UK food prices to rise as pound drop stirs grocers dispute
- October 14, 2016

The group, whose share price stumbled today amid the row with Tesco, added: "For all those that missed us, thanks for all the love". Here's a quick explainer of the row: So, what is actually happening? But Tesco has resisted the price rise, so while the products are still being sold in stores, supplies are running low and Unilever has stopped delivering to the supermarket. (more...)
OPEC points to larger 2017 oil surplus despite deal to cut OPEC points to larger 2017 oil surplus despite deal to cut
- October 14, 2016

Prices shot up considerably after a late September meeting of members of the Organization of Petroleum Exporting Countries produced a proposal to hold oil output steady in an effort to correct market imbalances. "Beyond Russia , OPEC's bigger stumbling block will likely be determining individual targets for each member, with substantial discrepancy in several countries between self-reported output figures and estimates by secondary sources", said Robbie Fraser, commodity analyst at Schneider ... (more...)
Ulta Salon jumps after raised guidance Ulta Salon jumps after raised guidance
- October 14, 2016

Buckingham Research increased their price objective on Ulta Salon, Cosmetics & Fragrance from $285.00 to $325.00 and gave the stock a buy rating in a report on Friday, August 26th. Following the completion of the sale, the chief financial officer now directly owns 8,103 shares in the company, valued at approximately $2,036,851.11. (more...)
OPEC, key producers to discuss six-month oil deal OPEC, key producers to discuss six-month oil deal
- October 14, 2016

And commercial inventories in non-OPEC countries fell in August for the first time since March, by 10 million barrels to 3 billion barrels, due in part to crude stocks falling in both Japan and the U.S. The task of carrying out the production-cut pledge will be complicated if, as reported, Iran, Libya and Nigeria are exempted from the cuts for various reasons. (more...)
Apple Pay launches in New Zealand Apple Pay launches in New Zealand
- October 14, 2016

Locations where Apple Pay is already supported in New Zealand include BP, Corporate Cabs, Domino's, Farmers, Glassons, Hallenstein Brothers, Kmart, McDonald's, Noel Leeming , Pascoes, Stevens, Storm, The Warehouse, Torpedo7, and Warehouse Stationery. (more...)
Federal Reserve indicates United States rate rise could come 'relatively soon'
- October 14, 2016

The Fed kept rates unchanged last month as officials opted to wait for further improvement in the labor market, minutes of the meeting showed on Wednesday, though several officials said the decision had been a close call. However, there was some discussion regarding the cost/benefit of undershooting inflation as many officials viewed slight labor market slack remaining. (more...)
Why Most Analysts Say 'Hold' on Plains All American Pipeline Why Most Analysts Say 'Hold' on Plains All American Pipeline
- October 14, 2016

Plains All American Pipeline, L.P. was upgraded to "buy" by analysts at Deutsche Bank. Investors should note that on Sep 30, 2016, Plains All American Pipeline L.P. Tortoise Capital Advisors Llc bought 3.93M shares as the company's stock rose 33.64% with the market. DUCKETT W DAVID also sold $515,804 worth of Plains All American Pipeline, L.P. (more...)
EVERYBODY RELAX - the great Marmite price war has been resolved EVERYBODY RELAX - the great Marmite price war has been resolved
- October 14, 2016

Instead, the referendum triggered a fight between Britain's largest supermarket chain and one of its biggest suppliers - showing that there will be no immediate Brexit peace dividend. The sources said two of the big four were still weighing whether to accept the rises or scrap some products. Unilever chief financial officer Graeme Pitkethly saids it needed to increase prices in the United Kingdom to cover the cost of imported goods such as dairy products due to weaker sterling. (more...)
South African finance minister to face fraud charge
- October 14, 2016

Investors and rating agencies support Gordhan's plans to rein in government spending in an economy forecast by the central bank to grow at less than 1 percent this year, Business Insider reported. "We hope that there will be no delay in bringing this matter to court because justice delayed is justice denied". The decision comes just 15 days before Gordhan is scheduled to deliver the medium-term budget policy statement and less than two months before SA's credit ratings are reviewed. (more...)
TCS runs into tepid quarter, expects improvement in next two quarters TCS runs into tepid quarter, expects improvement in next two quarters
- October 14, 2016

Net profit in the three months ended September 30 rose to 65.86 billion rupees ($989 million), up from 60.73 billion rupees in the same period past year and ahead of analysts' forecasts of around 62.93 billion rupees. Employee count increased by 9,940 in Q2 to take the total headcount to 3,71,519. "The seasonal strength that leads to strong sequential growth in the September quarter is hardly expected to play out this time", brokerage firm Motilal Oswal said in a note. (more...)
Two Uber Drivers Were Just Granted Unemployment Benefits
- October 14, 2016

At the moment, Uber's business model has its drivers operating as independent contractors - a designation that has helped the San Francisco-based company stay profitable. "Decisions have been made supporting both drivers as employees and drivers as independent contractors", a Labor Department spokeswoman said. Hossain, who was also determined to be an employee of the ride-hailing company Lyft , began receiving benefits last week. (more...)

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