Markets


Public funding for Vegas NFL stadium passes first key vote
- October 14, 2016

Adelson has pledged $650 million; the Raiders have committed $500 million. The stadium proposal needs a two-thirds majority to pass in the Nevada Senate before going on to the Assembly for consideration, but as of Tuesday afternoon, that looked likely. (more...)
Hillary Clinton's Wikipedia page vandalized, replaced with pornographic image
- October 14, 2016

Podesta's Twitter account was also hacked Wednesday. "Thank you for your time". The group mentioned in the message, the Gay N****r Association of America (GNAA), has been responsible for trolling, data breaches, and email dumps going back a decade. (more...)
Kenya Airways Pilots To Strike Next Week Kenya Airways Pilots To Strike Next Week
- October 14, 2016

Kenyan government officials were ordered Thursday to fly beleaguered national airline Kenya Airways on trips overseas, but not without a sharp message to the carrier to shape up and be on time. The union has called for an indefinite strike starting on October 18. "The government demands the immediate withdrawal of the strike notice by Kalpa", he said, warning the leadership and membership that such an action "during this very delicate stage in (KQ) recovery is tantamount to economic and ... (more...)
No cut here: OPEC output hits new record high No cut here: OPEC output hits new record high
- October 14, 2016

Shortly before noon ET, Brent crude futures were down 62 cents, or 1.2%, to $51.79 USA a barrel. West Texas Intermediate oil for November delivery fell 56 cents to $50.79 a barrel on the New York Mercantile Exchange. The International Energy Agency is urging OPEC countries to swiftly deliver on promised production cuts if they want to see a sustained increase in oil prices that will also help shore up their economies. (more...)
Paypal Holdings Inc. (PYPL) Receives Paypal Holdings Inc. (PYPL) Receives "Buy" Rating from SunTrust Banks Inc
- October 14, 2016

Indeed, earnings growth is among the most critical things to look at in regards to stock investing and, accordingly, investors look for companies that have increased their earnings at least 25% or more over the past 3 years. During the most recent trading session, U.S. Bancorp (NYSE:USB) shares traded +0.25%. Another insider trade includes Officer Marino (Gary J) who also initiated a transaction in which 376 shares were traded on 2 Oct 2016 as "Sell". (more...)
Trump campaign manager to GOP leaders: Stop 'pussyfooting around' Trump campaign manager to GOP leaders: Stop 'pussyfooting around'
- October 14, 2016

The tone from House Republican was one of frustration at Trump's attacks on a fellow Republican, the aide said . "I want to give you something to vote for, not just something to vote against", she said in Pueblo, dismissing Trump's assaults as "desperate". (more...)
Row between Tesco and Unilever is resolved
- October 14, 2016

Tesco shares were down 1.96 per cent and Unilever was down 2.46 per cent in morning trading. Unilever had told Tesco it meant to raise its prices by about 10% to compensate for the recent drop in the value of the pound. "We are now experiencing availability issues on a number of Unilever products", Tesco said in a statement. "They were voting for other reasons and they just didn't consider the economic repercussions; so now why is it a surprise?" The results show a mix of price ... (more...)
OPEC deal carries oil back above $50 OPEC deal carries oil back above $50
- October 14, 2016

USA crude supplies fell to 499.7 million in the week ended September 30, the lowest level since January, according to EIA data. Total US crude inventories, excluding the Strategic Petroleum Reserve, last week fell below 500 million barrels for the first time since January, to 499.7 million. (more...)
Donald Trump is pulling out of a key battleground state Donald Trump is pulling out of a key battleground state
- October 14, 2016

Republican presidential nominee Donald Trump speaks at a rally at Briar Woods High School in Ashburn, Virginia in August. Loyal Trump supporters bristled at the reports, saying the shift in people is normal, and it's wrong to assume they've given up in Virginia. (more...)
Crude makes hasty jump on Putin's OPEC support Crude makes hasty jump on Putin's OPEC support
- October 14, 2016

Oil prices fell Wednesday, with USA crude briefly dipping below $50 a barrel, on concerns about how committed the world's major exporters are to recent plans for considering production cuts. The energy agency said OPEC output increased as production from Iraq hit an all-time high and Libya reopened ports to export more crude. " Left to its own devices ", the IEA says, the oil market " may remain in oversupply through the first half of next year ". (more...)
Sprint Corp (NYSE:S), Oasis Petroleum Inc. (NYSE:OAS) Sprint Corp (NYSE:S), Oasis Petroleum Inc. (NYSE:OAS)
- October 14, 2016

Price moves in a company's bonds in credit markets often anticipate parallel moves in its share price. Nine research analysts have rated the stock with a sell rating, sixteen have given a hold rating and three have given a buy rating to the stock. (more...)
Protesters outside United Kingdom court ahead of Brexit lawsuit Protesters outside United Kingdom court ahead of Brexit lawsuit
- October 14, 2016

They worry the government has made a decision to seek a " hard Brexit ", which means leaving the bloc's single market of 500 million consumers in order to exercise more control over immigration. He went on to say, "This is a Government which drew up no plans for Brexit, that now has no strategy for negotiating Brexit and offers no clarity, no transparency and no chance of scrutiny of the process for developing a strategy". (more...)
Robots organize your photos, so you can procrastinate Robots organize your photos, so you can procrastinate
- October 14, 2016

Third, Google Photos will now make animations and GIFs from your videos as well. Finally, when Google Photos detects sideways pictures in a user's library, it will now present these pictures to the user in a card that will allow them to quickly rotate them all at once. (more...)
BHP Billiton plc (BLT) Downgraded by Citigroup Inc. to Sell BHP Billiton plc (BLT) Downgraded by Citigroup Inc. to Sell
- October 14, 2016

The Australian sharemarket fell for a second day on Thursday as investors again shed resources stocks and banks slipped on interest rate speculation. For the Q4 this year, the consensus current earnings per share trend estimates was for $-0.56 while for one month ago was $-0.55. The Company's divisions include Petroleum, Copper, Iron Ore and Coal. (more...)
Pioneer Natural Resources (NYSE:PXD) Receives 'Buy' Rating From Brokers At Wunderlich
- October 14, 2016

Wellington Management Group LLP boosted its position in shares of Pioneer Natural Resources by 16.4% in the first quarter. It has outperformed by 35.08% the S&P500. On Thursday October 06, 2016, Mizuho Securities released a statement on Pioneer Natural Resources (NYSE:PXD) bumped up the target price from $0.00 to $196.00 that suggested an upside of 0.06%. (more...)
Softbank sets up technology fund with $100 billion potential Softbank sets up technology fund with $100 billion potential
- October 14, 2016

The fund would be managed in Britain by a subsidiary of SoftBank. TOKYO (AP) - Japanese telecommunications and internet company SoftBank Group Corp.is setting up a $25 billion private fund for technology investments with the potential to grow to $100 billion. (more...)
U.S. dollar rises amid Fed minutes
- October 14, 2016

Former Fed Chair Ben Bernanke put rates at zero in December 2008 to help the economy during the financial crisis. The FOMC's voting members agreed that the macroeconomic fundamentals became favourable for an interest rate hike in the USA, while several believed that a rate hike was "needed relatively soon ". (more...)
LendingClub Corporation (NYSE:LC) Near to Lift Curtain on December 2016 Earnings
- October 14, 2016

Oracle Corporation had its "neutral" rating reiterated by analysts at D.A. Davidson. The consensus price target (PT) of $7.04 means that the Company shares are likely to increase by 27.08 per cent in the short run. Recently stock market analysts updated their outstanding price targets on shares of Oracle Corporation (NYSE:ORCL). The shares were sold at an average price of $9.73, for a total transaction of $227,594.43. (more...)
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...)
Clinton says US could 'ring China with missile defense'
- October 14, 2016

But Clinton said she told Chinese officials that the US might deploy additional ships to the region. South Korea's military chief stressed the need to strengthen the country's missile defense capabilities to counter North Korea's missile threats before a U.S. (more...)