Markets


Former Alberta premier Prentice killed in plane crash
- October 18, 2016

The plane that took up the former premier of Alberta, Jim Prentice and three other people quickly disappeared from radar screens shortly after takeoff, said the Bureau of Transportation Safety Board (TSB) on Saturday. His legacy, noted Cooper, is the insight and understanding that Prentice had as a politician. - "Our heart goes out to Karen, the girls and his two handsome grandchildren". (more...)
'Democracy Now' reporter to plead not guilty to riot charge
- October 18, 2016

The American Civil Liberties Union of North Dakota welcomed the news. Donald Trump's increasingly febrile denunciations of the news media as part of a conspiracy to elect Hillary Clinton have garnered all the attention on the press freedom front, as is typical of his ranting. (more...)
Q3 2016 EPS Estimates for Paypal Holdings Inc. Cut by Analyst (PYPL) Q3 2016 EPS Estimates for Paypal Holdings Inc. Cut by Analyst (PYPL)
- October 18, 2016

Paypal Holdings (NASDAQ: PYPL ) last announced its quarterly earnings data on Thursday, July 21st. According to this price target, it now means the analyst believes there is a potential increase of 19.53% from the company's current share price of 39.32. (more...)
NKorea failed missile launch condemned
- October 18, 2016

The June attempt, the first positive result of Musudan after five previous failed attempts, alarmed the U.S. and its allies, South Korea and Japan. Tension on the Korean peninsula has been high this year, beginning with North Korea's fourth nuclear test in January, which was followed by a satellite launch, a string of tests of various missiles, and its fifth and largest nuclear test last month. (more...)
How Netflix, Inc. (NASDAQ:NFLX) trades after earning announcements?
- October 18, 2016

Thus, that makes the expected net subscriber growth (300K domestic and 2M international) in third-quarter versus the actual growth to be a key data to watch for. "There isn't a magic target", Sarandos said. While the latest quarterly subscriber gain exceeded management's modest projections, it fell far below the 880,000 US customers that Netflix picked up at the same time a year ago. (more...)
Samsung Expects $3.1 Billion Loss Due to Note 7 Discontinuation Samsung Expects $3.1 Billion Loss Due to Note 7 Discontinuation
- October 18, 2016

The Note 7 device was one of the most expensive smartphones in the market with all the latest technologies from Samsung including the ability to unlock the phone by scanning a user's iris. Samsung Ireland is directing to customers to a page on its website and has provided a phone number (01-6950367) for those affected by the problems. (more...)
Netflix adds 3.6 million subs, beats Q3 earnings expectations
- October 18, 2016

Before that, the stock had fallen 13% this year as the streaming video giant has struggled to keep up the pace of subscriber growth, despite an ambitious expansion overseas. Tzuo said now there are viable competitors to Netflix including Amazon and HBO, so the company needs to offer more tiers of pricing to attract new customers. (more...)
More US bodies join Samsung smartphone ban More US bodies join Samsung smartphone ban
- October 18, 2016

But now governments and airlines are banning them from flights entirely. The department is also in close contact with the Federal Aviation Administration in the United States to exchange safety information. The FAA ban on the Samsung Galaxy Notes 7 phones applies to Great Lakes Airlines' flights from the Salina Regional Airport to the Denver International Airport. (more...)
Are Express Scripts Holding Company (NASDAQ:ESRX) Shares Headed Higher?
- October 18, 2016

Express Scripts Holding Company (NASDAQ:ESRX) said that, it will be replacing CVS with Walgreens in the retail pharmacy network it manages for Tricare, which provides medical benefits for USA military members and their families. Prior to the last earnings report, Zacks Research had a consensus estimate looking for EPS of $1.57. In conjunction with this event, the Company raised its financial guidance for the third quarter and full year 2016, and provided an update on its long term strategy. (more...)
Sarasin Partners Llp Lowers stake in PNC Financial Services Group Inc (PNC)
- October 18, 2016

The company's revenue was up.9% compared to the same quarter past year. When it comes to earning per share the company is at 1.60% for the year with a projected 5.67% earning per share for the next year. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website . Following the sale, the insider now owns 87,573 shares in the company, valued at $7,574,188.77. (more...)
Dozens dead in Aleppo airstrikes, activists say
- October 18, 2016

Russian Federation has said its forces and Syrian regime troops would briefly halt fire in Aleppo on Thursday, as criticism mounted of the ferocious Moscow-backed assault on the Syrian city. Spokesman Mark Toner, speaking to reporters in Washington, said the people of Aleppo "have been subjected to near constant bombardment and air strikes " that has killed many civilians and leveled much of the city's civilian infrastructure. (more...)
Yellen: Slow recovery confounds economists' expectations Yellen: Slow recovery confounds economists' expectations
- October 18, 2016

Yellen's latest intervention - in the guise of an abstruse discussion on the shortcomings in economic theory - has revived investor appetite for risk by holding out the tantalising prospect that U.S. Chinese exports fell 10 percent last month year-on-year, far more than expected. Central bank officials are debating the best strategy for approaching such a slow recovery. (more...)
Thai regent is sprightly 96-year-old face of establishment
- October 18, 2016

As the country launched into an extended period of mourning that will last a year, fears remained that the king's death could further fracture Thailand's political system and disrupt a plan for elections to be held in 2017. Mr Lee, who arrived close to 5pm, bowed to King Bhumibol's portrait and penned a message in the condolence book. The country has been riven by conflict for over a decade and has been run by a military junta since 2014. (more...)
Jurgen Klopp downbeat after Liverpool's draw with Manchester United
- October 18, 2016

Mourinho and Klopp have gone head-to-head five times already in their managerial careers, with Klopp having won three times as Borussia Dortmund against the Portuguese's Real Madrid. However, with the Manchester United attack looking good and midfield doing well, chances are Mourinho will stick to the same six players. "In the final third we have been very good, ruthless". (more...)
Trump is not alone: How some tax policy favors the rich
- October 18, 2016

The top economic surrogates for Donald Trump and Hillary Clinton both offered their own combative takes on their candidates' respective tax plans Thursday, but they each left open substantive questions about how those plans would be implemented if their candidates become president. (more...)
Wells Fargo American CEO John Stumpf forced to quit his job
- October 18, 2016

But the move, which comes amid a scandal involving the bank's opening of unauthorized customer accounts to meet aggressive targets, did happen quicker than many anticipated. Stumpf will not receive a severance package as part of his retirement. It is splitting the role of chairman and CEO with Stephen Sanger, its lead director, becoming chairman. (more...)
14 products you might struggle to buy at Tesco - thanks to Brexit 14 products you might struggle to buy at Tesco - thanks to Brexit
- October 18, 2016

Liberal Democrat leader Tim Farron blamed the government, saying: "The chaos around Brexit is now hitting our supermarket shelves". That means Vegemite will cost 17.6% more to buy. In the UK, Marmite, PG Tips tea and Pot Noodles were among dozens of brands that were unavailable on Tesco's website due to the dispute, which was driven by sterling's 20 per cent post-Brexit plunge against the euro. (more...)
NTSB Hoping To Recover NJ TRANSIT Train's Second Data Recorder NTSB Hoping To Recover NJ TRANSIT Train's Second Data Recorder
- October 18, 2016

The first event recorder located in the rear of the train, recovered on Sunday by federal investigators, is not functional. " Unfortunately, the event recorder was not functioning during this trip ", NTSB Vice Chairman Bella Dinh-Zarr told reporters at a press conference Sunday. (more...)
Freeport-McMoRan Inc. (FCX) Sees Large Increase in Short Interest Freeport-McMoRan Inc. (FCX) Sees Large Increase in Short Interest
- October 18, 2016

The company has an Average Rating of 2.84 based on analysts tracked by Thomson Reuters. The Company Touched its 52-Week High on April 29, 2016 and 52-Week Low on Jan 20, 2016. The day began at US$11.96 but the price moved to US$11.89 at one point during the trading and finally capitulating to a session high of US$12. The stock was assessed in terms of profitability as current quarter EPS estimate trends showed $0.52 at current month while compared with $0.53 in a month ago. (more...)
Clinton campaign venturing further into GOP territory Clinton campaign venturing further into GOP territory
- October 18, 2016

Former Sec. of State Clinton is expanding the map, and putting pressure on financially strained Republicans to defend their red state territory. Since the tape leaked, Trump has upped his rhetoric questioning the outcome of the election . (more...)

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