Markets


Donald Trump doubles down on claim that election is rigged
- October 18, 2016

Like many Republican strategists, he was willing to speak publicly about the GOP nominee's rough road ahead at the end of an unprecedented campaign. And now Republicans are shocked, shocked that Trump would work so hard to delegitimize the electoral process. The NBC poll shows Trump could have paid a steep price for the " Access Hollywood " tape that showed him bragging about sexually assaulting women, which was followed by nine women claiming specific instances of Trump groping or ... (more...)
What are analysts Suggestions on: United Continental Holdings, Inc. (NYSE:UAL) What are analysts Suggestions on: United Continental Holdings, Inc. (NYSE:UAL)
- October 18, 2016

They issued a "buy" rating and a $70.00 target price on the stock . As with other airlines, Wall Street will be looking to see whether United can tighten flight-capacity growth and continue to improve unit revenue in the fourth quarter and next year. (more...)
The worst excessive celebration penalty yet — FTW The worst excessive celebration penalty yet — FTW
- October 18, 2016

It was their second straight loss, and their fourth in a row to the hated Redskins (4-2). And the Redskins' defense hasn't allowed a touchdown since four minutes into the Baltimore game, a streak of nearly eight full quarters. After the penalty, the Redskins kicked from the 20-yard line instead of the 35. "I think everybody's frustrated", Cox said. "We beat a really good team today". (more...)
Pakistan Has Made "Huge Efforts" in Fighting Terrorism, Says China
- October 18, 2016

Speaking at the BRICS-BIMSTEC Outreach Summit opening session, PM Modi addressed the combined 11 nations and their ability to develop global economy. Just weeks before the BRICS Summit, suicide attackers from across the border attacked an army camp in Uri, Jammu and Kashmir, killing 19 Indian soldiers. (more...)
'Very high' odds of December Fed rate hike appropriate -Rosengren 'Very high' odds of December Fed rate hike appropriate -Rosengren
- October 18, 2016

At their September 20-21 session, the Federal Open Market Committee voted 7-3 to leave interest rates unchanged. One FOMC member said that the prolonged period of low interest rates was hurting pension funds and endowments, and that this may be hurting the economy. (more...)
Google Nexus 6 Android Nougat OTA update with October Security Patch Google Nexus 6 Android Nougat OTA update with October Security Patch
- October 18, 2016

Additionally, the Google Pixel comes with a 2770 mAh battery while the bigger Google Pixel XL comes wit ha 3450 mAh battery. At a starting price of roughly $650, the new Pixel phones are aimed at the same markets as Apple's iPhone and Samsung's Galaxy flagship phones. (more...)
Fed 'very close' to employment, inflation goals: Fischer Fed 'very close' to employment, inflation goals: Fischer
- October 18, 2016

Federal Reserve vice chairman Stanley Fischer sees limits to how far the USA central bank can pursue a strategy to push unemployment ever lower, an approach characterised as seeking a high-pressure economy by his boss, Janet Yellen, in a speech last week. (more...)
Target pulls clown masks amid reports of clown threats Target pulls clown masks amid reports of clown threats
- October 18, 2016

Whether they are frightening or not, Stiles said , she plans on continuing to sell clown costumes . My own's kid's school in Hillsborough didn't issue an outright "ban" but they sent an email home strongly suggesting that no parent put their kid in a clown costume to prevent panic. (more...)
The Price of Oil Could Increase Dramatically
- October 18, 2016

As a result, the global supply of oil grew by 600,000 barrels a day in September, according to IEA. In its monthly oil market report for September, the International Energy Agency also said global oil supplies had risen by 0.6m barrels per day during that month, and by 0.2m b/d versus previous year, to reach 97.2m b/d. (more...)
IBM Sinks Despite Earnings Beat IBM Sinks Despite Earnings Beat
- October 18, 2016

International Business Machines Corp . makes up approx 0.02% of Cornerstone Investment Partners's portfolio.Atria Investments boosted its stake in IBM in the latest quarter, The investment management firm added 2,494 additional shares and now holds a total of 11,284 shares of International Business Machines Corp . (more...)
PepsiCo pledges to slash beverage calorie counts PepsiCo pledges to slash beverage calorie counts
- October 18, 2016

By 2025, at least two-thirds of PepsiCo's drinks will have under 100 calories from added sugar in a 12-ounce serving. CEO Nooyi added that over the last ten years, the company has improved its product offerings in terms of calorie count for health conscious customers. (more...)
Industrial production edges up 0.1% in Sept., vs expectations for 0.2% gain Industrial production edges up 0.1% in Sept., vs expectations for 0.2% gain
- October 18, 2016

This comes after a decline of 0.5% in August, revised lower from -0.4%. U.S. industrial output edged higher in September thanks to a small rebound in factory activity and at mines, with manufacturing sector activity no longer shrinking in comparison to a year ago. (more...)
Caterpillar CEO to retire next year Caterpillar CEO to retire next year
- October 18, 2016

Oberhelman, a 41 year company veteran, oversaw a hard period for Caterpillar where results have been hurt by weakness in the mining unit, causing a series of quarterly sales declines and plans to cut almost 20% of its global workforce. "During the last four years, Caterpillar has faced unprecedented global economic conditions that have significantly impacted the industries served by our customers, as those industries and economic growth in many regions around the world have slowed or ... (more...)
Supervalu to sell Save-A-Lot chain for $1.37 billion Supervalu to sell Save-A-Lot chain for $1.37 billion
- October 18, 2016

Shares of Supervalu Inc . jumped 8 percent to $5.41 before the stock market opened Monday. Founded as a single store in Cahokia in 1977, Save-A-Lot had 1,368 stores as of June - 472 corporate-owned and 896 operated by licensees - mostly in the South and eastern U.S. (more...)
Eurozone inflation rises to two-year high
- October 18, 2016

After Greek sovereign debt, German bunds were the worst performers in the euro area this week through Thursday, with holders losing 0.4 percent but have still made 5 percent this year, according to data compiled by Bloomberg. The euro is seen finding resistance around the 0.92 area. Among the things that got cheaper was energy, but it did not fall as much as back in the summer when oil prices dropped. (more...)
Love or hate it: Marmite becomes symbol of Brexit impact
- October 17, 2016

Tesco Ireland told Newstalk.com that it was "not appropriate to comment on commercial relationships with individual suppliers". Reports said all these merchandise should be available on the Tesco website back again soon. On Monday, the British Retail Consortium (BRC) warned that British shoppers could face higher prices if the Government fails to strike the right Brexit deal with the EU. (more...)
Why banks failed to rally despite the earnings beats
- October 17, 2016

The early strength on Wall Street partly reflects a positive reaction to earnings news from financial giants JPMorgan Chase ( JPM ), Citigroup ( C ), and Wells Fargo ( WFC ). The consensus estimates call for earnings per share (EPS) of $0.33 and $20.94 billion in revenue. Moreno Evelyn V raised its stake in Wells Fargo & Co.by 1.3% in the first quarter. (more...)
Trump challenges Clinton to drug test before debate Trump challenges Clinton to drug test before debate
- October 17, 2016

During an appearance on Sunday'sMeet the Press, Pence told Chuck Todd that media focus on the claims against Trump is leading Americans to feel the election is rigged. But at the beginning of her last debate, she was all pumped up at the beginning, and at the end, it was like, 'oh, take me down.' She could barely reach her vehicle. (more...)
Yahoo says report on email scanning for intel agencies is "misleading"
- October 17, 2016

Reuters reported Tuesday that Yahoo scanned millions of Yahoo Mail accounts at the behest of the National Security Agency or Federal Bureau of Investigation. Hackers stole usernames and passwords for at least 500 million accounts two years ago, and Yahoo took its time to come clean about it. Facebook and Apple both said they would challenge any such request, if the government were to ever make one, while Google said its response would be a simple, "No way". (more...)
Wells Fargo Statement Regarding Ohio Gov. John Kasich's October 14 Announcement Wells Fargo Statement Regarding Ohio Gov. John Kasich's October 14 Announcement
- October 17, 2016

Companywide, the San Francisco-based bank's net income fell 3% to $5.6 billion from $5.8 billion for the same period a year ago. Wells Fargo , which needs to reassure investors that it can keep its profit engine humming while changing its sales culture, still reported a metric that tallies the number of accounts that employees in its retail banking unit were able to "cross-sell" to customers. (more...)

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