Markets


Here's What to Know About Long Island Rail Road Train Derailment
- October 19, 2016

MTA chairman Thomas F. Prendergast said in a Sunday news conference that four of the people injured were listed in serious condition with one of them undergoing surgery, WNBC-TV reported . "We felt like we could actually completely tilt over while it was happening". Service is still disrupted on multiple lines into New York City. Train service in the area was suspended in both directions indefinitely. (more...)
Battle Over Maine Solar Energy Policies Continues Battle Over Maine Solar Energy Policies Continues
- October 19, 2016

This is what often discourages individuals from implementing the energy form in their home, as solar panel cost can be quite high. Initiated in September, the PUC investigation was triggered by requirement in Maine's electricity-generation rules to revisit net-metering once it hit 1 percent of the total generation from Central Maine Power (CMP ). (more...)
Chipotle Mexican Grill, Inc. (NYSE:CMG) Updated Broker Ratings Chipotle Mexican Grill, Inc. (NYSE:CMG) Updated Broker Ratings
- October 19, 2016

Analyst's mean target price for IMAX is $39.24 while analysts mean recommendation is 1.90. CMG has been the topic of a number of other reports. Chipotle Mexican Grill, Inc . (CMG) closed -10.23% below its 200-day moving average and is -4.46% below another chart threshold, its 50-day moving average. Chipotle Mexican Grill (NYSE:CMG) last released its earnings results on Thursday, July 21st. (more...)
Philippine president's China trip puts US ties to the test
- October 19, 2016

He added, "Some other countries know we are short of money, (but) instead of helping us, all they had to do was just to criticise". Chinese Foreign Minister Wang Yi did not answer directly, when Reuters asked on Tuesday whether China would offer any concessions to the Philippines on the South China Sea, including fishing rights around Scarborough Shoal. (more...)
'Democracy Now' reporter still could be charged 'Democracy Now' reporter still could be charged
- October 19, 2016

Lizzy Ratner, a senior editor at the Nation , warned that the "charges against Goodman are a clear attack on journalism and freedom of the press" and "should scare us all". Goodman will appear in court to face the charges if they are approved. It has been called the largest Native American protest in the last 40 years, yet not a single mainstream media outlet would touch it. (more...)
British Parliament will Possibly Need to Ratify Brexit Negotiations
- October 19, 2016

Banks could start making decisions to move assets out of the United Kingdom as early as the end of 2017 if there is no deal in place to maintain their rights to sell services freely across the European Union, a leading thinktank has warned. (more...)
Euro to Pound Exchange Rate Down Slightly after UK Inflation Rate Upset
- October 19, 2016

Annual consumer price inflation rose to 1.0 percent from 0.6 percent in August, the highest level since November 2014 and the biggest jump from one month to the next since June 2014, the Office for National Statistics said. Salt Lake City-The Zions Bank Wasatch Front Consumer Price Index (CPI) increased 0.1 percent from August to September on a non-seasonally adjusted basis. (more...)
Investor Research Report on Alibaba Group Holding Limited (NYSE:BABA) Investor Research Report on Alibaba Group Holding Limited (NYSE:BABA)
- October 19, 2016

Finally, Cantor Fitzgerald restated a buy rating and issued a $95.00 price objective on shares of Alibaba Group Holding in a report on Monday, August 8th. "Alibaba Group Holding Limited is headquartered in Hangzhou, the People's Republic of China". During its last trading session, Stock traded with the total exchanged volume of 9.96 million shares. (more...)
Samsung warns of £4.4bn cost to scrap Galaxy Note7 Samsung warns of £4.4bn cost to scrap Galaxy Note7
- October 19, 2016

Samsung's termination of the Note 7 production has incurred, or would incur, a total loss of at least 7.1 trillion won, including 3.5 trillion won in opportunity costs, 2.6 trillion won in direct costs and 1 trillion won in losses from the earlier global recall. (more...)
Netflix shares jump by 20 percent following increased worldwide subscriptions Netflix shares jump by 20 percent following increased worldwide subscriptions
- October 19, 2016

Anmuth said he believed Netflix was on track toward 60 million plus subscribers in the United States and about 100 million internationally by 2020. The Los Gatos, Calif., streaming service has 86.7 million subscribers worldwide. Australians who are signed up as USA customers might find that it's now cheaper to subscribe locally once you account for the exchange rate and foreign transaction fees. (more...)
Plane crashes near Kelowna: TSB confirms four dead
- October 19, 2016

The Cessna jet was en route from Kelowna, B.C., to the Springbank airport, near Calgary, when it went down shortly after takeoff late Thursday. He was one of four people in the plane destined for Calgary/Springbank Airport when it crashed northeast of Winfield, just north of Kelowna. (more...)
Tesla's Musk says will not have to raise funds in Q4 Tesla's Musk says will not have to raise funds in Q4
- October 19, 2016

Tesla CEO Elon Musk says that a new product unveiling is on its way and October 17th marks the date. The cryptic language was enough to prompt speculation while simultaneously leaving investors pretty much clueless. "With solid third-quarter 2016 deliveries and the potential downward catalyst of a missed Model 3 launch timeline out in the second half of 2017, we prefer to be neutral on shares", the report noted. (more...)
Goldman Sachs Group Inc. Downgrades Oasis Petroleum Inc. (OAS) to Sell Goldman Sachs Group Inc. Downgrades Oasis Petroleum Inc. (OAS) to Sell
- October 19, 2016

The consensus price target (PT) of $12.22 means that the Company shares are likely to increase by 8.82 per cent in the short run. Mizuho began coverage on shares of Oasis Petroleum in a research report on Wednesday, October 5th. While in the same Quarter Previous year, the Actual EPS was $0.09. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link . (more...)
Stanley Fischer: Speech On Low Interest rates
- October 19, 2016

In addition, he said, low rates make the economy more vulnerable to shocks that can push it into recession, and give the Fed little room to maneuver to offset that. He said stimulative fiscal policies could help counteract the impact of lower productivity and an aging population that are holding back the USA economy and weighing on interest rates. (more...)
World's top miner BHP Billiton sees signs of commodity markets recovery World's top miner BHP Billiton sees signs of commodity markets recovery
- October 19, 2016

Output at Olympic Dam in South Australia was down largely due to planned maintenance but with production hampered briefly late in the quarter due to power outages. "We have seen early signs of markets rebalancing", Chief Executive Officer Andrew Mackenzie said. "Iron ore and metallurgical coal prices have been stronger than expected, although we continue to expect supply to grow more quickly than demand in the near term", he added in the quarterly operational review. (more...)
Expert Analysts Perspective for: Bank of America Corporation (NYSE:BAC) Expert Analysts Perspective for: Bank of America Corporation (NYSE:BAC)
- October 19, 2016

Analyst's mean target price for KEY is $13.93 while analysts mean recommendation is 2.10. The Hedge Fund company now holds 7,060 shares of BAC which is valued at $111,760. Dorsey & Whitney Trust Limited Liability Com holds 0.04% of its portfolio in Bank of America Corp (NYSE: BAC ) for 14,711 shares. Earnings per share and top line beat analysts' estimates. (more...)
Prosecutors indict 5 Lotte family members on corruption Prosecutors indict 5 Lotte family members on corruption
- October 19, 2016

Prosecutions already have indicted the group founder's third wife Seo Mi-kyung and eldest daughter and President of Lotte Foundation Shin Young-ja on charges of tax evasion and embezzlement, respectively. Lotte also paid a total 50.8 billion won ($45 million) as salaries from 2005 to 2016 to two of the founder's children even though they did not hold any positions or have any duties with the company. (more...)
Let's talk: Does Bob Dylan deserve his Nobel Prize for literature?
- October 19, 2016

Sara Danius, Permanent Secretary of the Nobel Academy, told a news conference there was "great unity" in the panel's decision to give Dylan the prize. Fans believe Bob Dylan's Songs like " Blowin' in the Wind ", or " Like a Rolling Stone ", weren't only popular radio hits, but left a mark on a whole generation. (more...)
MPs 'very likely' to get a vote on European Union exit deal - eventually MPs 'very likely' to get a vote on European Union exit deal - eventually
- October 19, 2016

A government lawyer made the comment in the High Court and No 10 confirmed it was the "government's view that is being represented". It was revealed in the High Court by James Eadie QC , who was defending Mrs May's decision to rely on historic prerogative powers to trigger Article 50 next year without parliament's approval. (more...)
Ecuador: We have 'temporarily restricted' Assange's internet Ecuador: We have 'temporarily restricted' Assange's internet
- October 19, 2016

WikiLeaks claimed US Secretary of State John Kerry had asked Ecuador to block Assange from posting hacked e-mails from the Clinton presidential campaign, a position the US State Department denied on Tuesday. "While our concerns about Wikileaks are longstanding, any suggestion that Secretary Kerry or the State Department were involved in shutting down Wikileaks is false", U.S. (more...)

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