Markets


Dollar gathers momentum after China inflation data Dollar gathers momentum after China inflation data
- October 14, 2016

It looked set to end the week flat as investors braced for upcoming earnings reports, notably those of financials. China's producer price index rose for the first time in more than four years, breaking the trend of industrial deflation and likely giving a boost to profits and operating conditions for hard-pressed manufacturers. (more...)
Homebuyers return to market as Brexit nerves ease Homebuyers return to market as Brexit nerves ease
- October 14, 2016

Members of Rics said that the average of 45 properties on estate agents books remained close to historic lows. Although this is not a new story, it is a significant one having ramifications for both prices and the level of turnover'. But the key factor supporting price growth was a continued shortage of properties for sale, the surveyors institution said. In addition, the lack of choice for would-be purchasers also appears to be restricting overall sales market activity. (more...)
Syrian Bomb Plot Suspect Arrested After 2-Day Manhunt Syrian Bomb Plot Suspect Arrested After 2-Day Manhunt
- October 14, 2016

Police on Saturday said they had found a highly explosive mix of substances more unsafe than TNT in a raid on what appears to be al-Bakr's apartment in Chemnitz. Two other people were arrested at the city's train station Saturday, police said, and their luggage was being searched. He is motivated by Islamic extremism and is likely linked to Islamic State (IS), police and prosecutors said. (more...)
Morgan Stanley (MS) PT Raised to $32.00 at Citigroup Inc
- October 14, 2016

There was another key research note provided by Berenberg on Wednesday July 13, 2016. They set a "hold" rating and a $29.00 target price on the stock. Rosenthal sold 91,426 shares of the firm's stock in a transaction on Monday, July 25th. As of the end of the quarter British Columbia Investment Management Corp had sold a total of 92,000 shares trimming its stake by 16.9%. (more...)
Clinton leads Trump by seven points
- October 14, 2016

After the surfacing of a decade-old video surfaced in which Trump is seen making lewd remarks about women, Clinton's lead over the reality TV star has increased. The 4-point margin may be Trump's smallest lead in Texas yet, but it is not far from what prior polls have found. Clinton held a 19-point lead among women, a 16-point lead among young voters and a whopping 62-point lead among non-white voters. (more...)
Hollencrest Securities buys $2256537 stake in Opko Health (OPK)
- October 14, 2016

The mean price target is calculated keeping in view the consensus of 4 analysts. The shares were acquired at an average price of $10.53 per share, for a total transaction of $44,226.00. The firm earned $357.10 million during the quarter, compared to the consensus estimate of $324.11 million. Higher EPS forecast that can be expected in this Fiscal Year is noted at $-0.02 and a lower EPS estimate is calculated at $-0.12. (more...)
United Kingdom supermarket pricing dispute solved
- October 14, 2016

Shares in both firms were down more than 2 percent. Tesco past year pulled a range of Coca-Cola soft drinks, including Schweppes, after what industry publication The Grocer said was a row over pricing. "For all those that missed us", Unilever said in a statement, "thanks for all the love". The stand-off has left the supermarket facing a shortage of brands such as Surf washing powder, Comfort fabric conditioner, Hellmann's mayonnaise, Pot Noodle and Ben & Jerry's Ice Cream. (more...)
Bengals vs. Patriots Prediction, Preview, Game Time, Channel, Spread
- October 14, 2016

Patriots own 9-2 record at home against Cincinnati, including 3-0 at Gillette Stadium. "How would you respond if your kids heard Donald Trump's version of locker room talk? " asked the reporter at a press conference in Cincinnati. LaFell, who missed most of the preseason with a hand injury, appears to be getting comfortable in his new offense. DALTON GOES DOWN: Andy Dalton has been sacked 17 times, tied for second most in the NFL. (more...)
Global stocks fall after disappointing China data Global stocks fall after disappointing China data
- October 14, 2016

GBP/USD is supported in the range of 1.2180 and now trading at 1.2248 levels. Demand for Chinese goods weakened in almost all of their major markets in the US, Europe and much of Asia. dollar yesterday. Investors will later look to the minutes of the U.S. Federal Reserve's last meeting for hints on how quickly interest rates might be raised. (more...)
Warren Buffett: 'I have paid federal income tax every year since 1944'
- October 14, 2016

As it turns out, the charitable contributions Buffett did deduct from his income make up just a tiny portion of the more than $2.85 billion he donated to charity a year ago, he said . In its response to the report, the Clinton campaign dismissed the Trump plan as the "most extreme form of trickle down economics". There are a lot of reasons to be wary of, or straight-up dislike Republican presidential nominee Donald Trump . (more...)
Victoria top city for women in Canada Victoria top city for women in Canada
- October 14, 2016

A study by the Canadian Centre for Policy Alternatives has ranked Halifax as the 10th best city to be a woman in Canada. While women have mostly reached equality in areas of education and health, CCPA senior economist Iglika Ivanova said "that's not translated into equal wages and equal access to power or leadership positions". (more...)
One of William Hill's major shareholders is against the proposed merger One of William Hill's major shareholders is against the proposed merger
- October 14, 2016

William Hill recently staved off a takeover by smaller rivals 888 Holdings and Rank Group, and is seeking a new chief after ousting James Henderson. "We strongly believe the proposed takeover has limited strategic logic and would destroy shareholder value", said the missive from Parvus co-founders Mads Eg Gensmann and Edoardo Mercadante . (more...)
Oil prices fall on surging Iran sales
- October 14, 2016

OPEC agreement to cut oil production will not bring significant changes to the world oil market, Behrooz Abdolvand, managing director of German Consulting company DESB GmbH focusing on Iranian energy market, expert on the Caspian region believes. (more...)
Targeted Mover: Caterpillar, Inc. (NYSE:CAT)
- October 14, 2016

Many research firms have provided their ratings on Caterpillar Inc. Analysts that routinely cover the company may use varying techniques in order to create a future target price. Shareholders of record on Monday, October 24th will be issued a dividend of $0.77 per share. This represents a $3.08 dividend on an annualized basis and a yield of 3.52%. (more...)
US Fed decision to hold interest rates 'a close call' US Fed decision to hold interest rates 'a close call'
- October 14, 2016

They say the economy is still growing slowly and, since unemployment is at 5% and inflation remains below their 2% target, there is no sign of rising wage pressure. "Several participants expressed concern that continuing to delay an increase in the target range implied a further divergence from policy benchmarks based on the committee's past behavior or risked eroding its credibility" especially because recent data supported the committee's outlook, the minutes stated. (more...)
Daily Ratings & News for Bristol-Myers Squibb Co Daily Ratings & News for Bristol-Myers Squibb Co
- October 14, 2016

The Stock now has a Weekly Volatility of 1.89% and Monthly Volatility of 1.72%. More notable recent Bristol-Myers Squibb Co (NYSE:BMY) news were published by: Fool.com which released: "CheckMate Again for Bristol-Myers Squibb Co". Analysts are projecting that Bristol-Myers Squibb Company (BMY) to hit $67.55 Price Target in next 52-weeks, average price is come up through the consensus of analysts. (more...)
Hot Performer of the day: Integrated Device Technology, Inc. (NASDAQ:IDTI) Hot Performer of the day: Integrated Device Technology, Inc. (NASDAQ:IDTI)
- October 14, 2016

The co is presenting price to cash flow as 8.55 and while calculating price to free cash flow it concluded at 16.83, the low single digit may indicate stock is undervalued and vise versa. 08/02/2016 - Integrated Device Technology, Inc. had its "mkt perform" rating reiterated by analysts at Charter Equity. The firm earned $192.10 million during the quarter, compared to the consensus estimate of $191.06 million. (more...)
Analyst EPS Estimates Coverage: Caterpillar Inc. (NYSE:CAT) Analyst EPS Estimates Coverage: Caterpillar Inc. (NYSE:CAT)
- October 14, 2016

Its subsidiaries include Caterpillar Life Insurance Company Cat Financial and Caterpillar Product Services Corporation (CPSC) among others. 17 advised "Hold Rating" regarding the stock. Caterpillar's dividend payout ratio is presently 165.59%. In terms of volatility, it has a beta coefficient of 1.29 and technical analysis volatility indicator called Average True Range or ATR around 1.54. (more...)
Man Group buys Aalto and launches global private markets business Man Group buys Aalto and launches global private markets business
- October 14, 2016

It will also launch Man Global Private Markets to further diversify its product range. The house specialises in the management of real estate equity and debt strategies, including direct investments in single family homes in the USA, and lending to commercial and residential real estate in Europe and the US. (more...)
US moves to dissuade firms from moving abroad to lower taxes US moves to dissuade firms from moving abroad to lower taxes
- October 14, 2016

Partner Insights content is produced by the marketer. Lew said that while action on tax inversion was an important step, there needed to be a wholesale reform of the USA business tax system. In addition, the Treasury has relaxed the intercompany loan documentation rules for USA borrowers and the deadline for providing documentation has been extended by one year until January 1, 2018. (more...)