Markets


Pound Canadian Dollar Exchange Rate Recovers after 'Brexit' Debate Concession Pound Canadian Dollar Exchange Rate Recovers after 'Brexit' Debate Concession
- October 19, 2016

The steady decline that has followed the "flash crash" rebound underlines UK's loose monetary policy, expanding of fiscal policy, wide trade deficits and uncertain investment intentions.'Confidence in the robustness of the United Kingdom economy was also dented on Friday morning, as August's construction output data disappointed to the downside to clock in at growth of just 0.2% rather than the forecast 1.5%. (more...)
Broker Roundup For QTS Realty Trust, Inc. (NYSE:QTS) Broker Roundup For QTS Realty Trust, Inc. (NYSE:QTS)
- October 19, 2016

The company had revenue of $102.60 million for the quarter, compared to analysts expectations of $101.04 million. Earnings, with 7 analysts believing the company would generate an Average Estimate of $0.22. Institutional sponsorship is defined by ownership of a stock by mutual funds, banks, pension funds and other large institutions. Profund Advisors LLC acquired a new stake in shares of Brandywine Realty Trust during the second quarter valued at $175,000. (more...)
AIDS activists, bankers focus of Clinton emails
- October 19, 2016

What did the Clinton campaign think? The Clinton campaign won't verify that any of the emails are authentic, preferring to focus exclusively on the prospect of foreign hackers attempting to influence the outcome of a USA election. I won't promise that. "Now, you know, everybody can't help themselves", she said. One email from adviser Neera Tanden sent in August 2015 to Podesta expressed concern that "her inability to just do a national interview and communicate genuine feelings of remorse ... (more...)
Fea And Planned Parenthood Want You to Get It On
- October 19, 2016

It recalled when "an anti-abortion group illegally infiltrated Planned Parenthood facilities, then recorded and edited interviews with staff to paint a picture of malpractice..." As the band prepares to continue the tireless touring that has filled its 2016, aimed at supporting its furiously infectious debut album, which dropped in July, it's no surprise that Fea would take time out to support Planned Parenthood's work. (more...)
Markets Right Now: Stocks open slightly lower on Wall Street
- October 19, 2016

The Nasdaq composite index inched up 5 points, or 0.1 percent, to 5,219. "The markets are expecting an inflection point as we move from the third to the fourth quarter, and so what they will be parsing in management guidance is for a view that earnings turn positive in the fourth quarter", said David Donabedian, chief investment officer of Atlantic Trust Private Wealth Management. (more...)
China stocks flat as data shows economy stabilizes; Hong Kong shares slip
- October 19, 2016

Both the CSI300 index and the Shanghai Composite Index ended the morning session up 0.1 per cent, at 3,322.93 points and 3,087.54 points, respectively. The Straits Times Index now rests just above the 2,830-point plateau, and the market may add to its gains on Wednesday. A measure of Macau's gambling companies bounced back after sliding the most since August in the previous session as Chinese authorities detained employees from billionaire James Packer's Crown Resorts Ltd. (more...)
NC Democratic Party Files Lawsuit to Extend Voter Registration
- October 19, 2016

A hearing on a request to extend registration to next Wednesday was held Friday afternoon. In 2012, the previous year in which a presidential election was held, 5,100 people in the 15 counties hardest-hit by the floods registered to vote in the last week before the registration deadline, according to Board of Elections data. (more...)
John Kasich Bans Wells Fargo From State Business Over Culture of 'Greed' John Kasich Bans Wells Fargo From State Business Over Culture of 'Greed'
- October 19, 2016

Wells Fargo absolutely did a bad thing, but as I've written recently, the scandal is unlikely to have any significant or lasting effect on the profitability of the bank. In addition, the bank now has new leadership at the top. For example, Illinois State Treasurer Michael Frerichs this month said he was suspending $30 billion in investment activity with Wells, while Chicago Treasurer Kurt Summers said he is divesting $25 million invested with the bank. (more...)
Americans in Philippines jittery as Duterte rails against United States
- October 19, 2016

Xinhua said that Duterte's arrival on Tuesday would be a step toward ending years of estrangement between the countries. This week's visit to China by Duterte points toward a restoration of trust between the sides following recent tensions over their South China Sea territorial dispute, China's official news agency said Tuesday, Oct. (more...)
Pressure mounts on Theresa May over airport expansion decision
- October 19, 2016

Warren Kenny, London regional secretary of the GMB union, said: "GMB London region, which represents workers at Heathrow Airport, have long campaigned for the airport to be expanded in the interest of jobs in west London and in the wider economy of London and the UK". (more...)
Samsung offers refund to Galaxy Note 7 customers in Singapore Samsung offers refund to Galaxy Note 7 customers in Singapore
- October 19, 2016

Samsung Ireland said it would also be contacting customers directly. The botched recall raised questions about Samsung's initial analysis of the Note 7 phone's problems. The company is now reportedly offering customers incentives to buy other Samsung phones. On Wednesday, CEO-level executives of Samsung Group companies, including Samsung Electronics , held their weekly meeting in Seoul, but they refused to comment on the permanent halt of production of the Galaxy Note 7. (more...)
Global oil supply rises 0.6 mln barrels per day in September Global oil supply rises 0.6 mln barrels per day in September
- October 19, 2016

And yet the chief executive of the state-owned Russian oil giant Rosneft said on Monday that he doubted some OPEC countries would cut production and balked at joining the deal. OPEC had already secured the backing of Putin, who said the world's largest energy exporter was "ready to join in joint measures to limit output". (more...)
US consumer prices rose in September on higher oil costs
- October 19, 2016

ONS head of inflation Mike Prestwood explained: "CPI inflation has risen to its highest for almost two years, though it remains low by historic standards". Housing-related prices continued to be the main upward contributor, up 3.2 percent in the year, while transport prices made the largest downward contribution for the year, down 6.7 percent. (more...)
UK, Finland-born economists win Nobel Prize for economics
- October 19, 2016

Such violence is no accident, Hart's research suggested: It is a effect of the structure of government contracts with private companies - and the fact that private prisons are incentivized to slash costs. Hart was born in London but he spent his academic career in the USA and is now the Andrew E. Furer Professor of Economics at Harvard University. But, Gibbons explained, their research goes well beyond legally binding contracts. (more...)
China praises Duterte ahead of his visit
- October 19, 2016

Duterte's 450-strong business delegation will include tycoons San Miguel Corp. The list includes the country's most prominent corporate bigwigs: JG Summit Holdings President Lance Gokongwei, SM Prime Holdings former President Hans Sy, San Miguel President Ramon Ang, Jollibee Foods Chairman Tony Tan Caktiong, International Container Terminal Services and Bloomberry Reorts Chairman Enrique Razon, LT Group Chairman Lucio Tan, and PLDT and Metro Pacific Investments Chairman Manuel Pangilinan. (more...)
Fake degree row: Delhi court dismisses plea to summon Smriti Irani Fake degree row: Delhi court dismisses plea to summon Smriti Irani
- October 19, 2016

While Delhi University had submitted documents as per Court's direction and announced Irani a pass out of B A course in 1996, Smriti stated her highest qualification to be B.com, part 1 from Delhi University in her Rajya Sabha nomination papers from Gujarat. (more...)
There's new evidence on how Clinton and Trump would affect the economy There's new evidence on how Clinton and Trump would affect the economy
- October 19, 2016

Clinton's team has its own theory of why their plan will boost growth, which leans heavily on the idea that her spending programs would allow parents to work more. Donald Trump believes that he is smart for paying no taxes, given that his business has been compliant with the tax codes. While Trump's plan seemingly trumps the Clinton plan, that may not be accurate. (more...)
Lynx beat Sparks 85-79, claw back to tie WNBA Finals
- October 19, 2016

Game 5 of the WNBA finals against the L.A. Sparks will be played at the Target Center this Thursday October 20 at 7 p.m. But she has come up short in delivering the franchise's first WNBA title since the Leslie-led Sparks won in 2001 and '02. (more...)
New Compact Honda WR-V SUV destined for Brazil New Compact Honda WR-V SUV destined for Brazil
- October 19, 2016

The crossover seems to have also received a new tail lamp cluster, although the rear is not visible in the image. According to Autocar India, Autocar Professional's sister magazine, the WR-V is headed for India around March next year . (more...)
UN Security Council strongly condemns North Korea's failed launch of Musudan missile
- October 19, 2016

The U.N. Security Council strongly condemned the latest launch, calling it a "grave violation" of resolutions banning North Korea from using ballistic missile technology. A North Korean official, Hwang Yong-nam, who is authorized to speak about the country's missile program, told NBC News that Pyongyang has the capability to reach the USA mainland with a rocket, despite the Pentagon's analysis that it can not yet. (more...)

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