Markets


Tim Cook or Bill Gates as Clinton's VP? It was considered
- October 20, 2016

The network adds , "It's unlikely Clinton seriously considered all of these names, as campaigns often begin with a lengthy list of both conventional and unconventional options that then gets whittled down". WikiLeaks uploaded on Wednesday the 12th batch of emails of US Democratic party presidential candidate Hillary Clinton's campaign chairman John Podesta on its website. (more...)
What is Recommendation from Analysts on Groupon Inc (NASDAQ:GRPN)?
- October 20, 2016

On February 11, 2016, it recorded $-0.02 a share in earnings which topped the consensus estimate of $-0.05 (positive surprise of 60%). The median estimate represents a 6.62% increase from the last price of 13.60. The company has a total of 1.68 Billion shares outstanding. Princeton Alpha Management LP boosted its stake in shares of Groupon by 11.6% in the second quarter. (more...)
US economy grows a bit faster in September, Fed says US economy grows a bit faster in September, Fed says
- October 20, 2016

NY again showed no change in activity, while the pace of growth improved in St. Louis, Kansas City, and Dallas districts. The Beige Book's broad picture of a modestly improving economy is consistent with most economists' estimates that pending data will show growth quickened in the July-September quarter. (more...)
You Can Now Exchange Your Galaxy Note 7 at the Airport
- October 20, 2016

The program is part of Samsung's worldwide effort to recall millions of Note 7 phones, which are prone to catching fire and exploding. The booths are located before security screening and allow Galaxy Note 7 owners to swap their phone for an unspecified exchange device. (more...)
Housing Starts Fell Sharply in September
- October 20, 2016

The report noted that housing starts are also down nearly 12% compared to a year ago. "Home construction is in decent shape, despite the volatility in the multi-family segment", said Joel Naroff, chief economist at Naroff Economic Advisors in Holland, Pennsylvania. (more...)
Sir Philip Green apologises to workers for 'hardship' caused by BHS collapse Sir Philip Green apologises to workers for 'hardship' caused by BHS collapse
- October 20, 2016

He added that he was in a "very strong dialogue" with the pensions regulator to find a solution, however he did not clarify the amount of financial support he would be willing to give. The issue would be for the Honours Forfeiture Committee - part of the Cabinet Office - to decide. "I hope and believe all the people that worked very closely with me at BHS for all those years and some for the whole journey will know, it was never my intention for the business it to have the ending it did". (more...)
UK inflation spikes to near 2-year high in September
- October 20, 2016

The Office for National Statistics (ONS) attributed the September figure - which reached a level not seen since November 2014 - predominantly to rising prices for clothing, overnight hotel stays and motor fuels, and steadier prices for gas as previous falls fell out of the measurement period. (more...)
Merkel to host Putin for summit on Ukraine, Syria
- October 20, 2016

French President Francois Hollande used the phrase "war crimes", and both leaders criticized Russian Federation for attacking the civilian population under the pretense of fighting terrorism. "The Russian side is not the side to implement the Minsk Agreements, Neither Paris, nor Berlin, nor Moscow could implement the Minsk Agreements". German Chancellor Angela Merkel has invited Russian president Vladimir Putin to Berlin this week in an attempt to come to an agreement over trouble in Ukraine. (more...)
Billy Bush suspended by NBC after Trump tape emerges Billy Bush suspended by NBC after Trump tape emerges
- October 20, 2016

Noah Oppenheim, the NBC executive in charge of the show, issued a memo to staff which read, "There is simply no excuse for Billy's language and behavior on that tape ". Despite featuring its own host, NBC chose to air the news when it broke. Although Bush quickly apologized for his part in the tape, NBC said that he would be off the air pending the outcome of an internal investigation. (more...)
Axis Bank Says No Loss From Cyber Attack Axis Bank Says No Loss From Cyber Attack
- October 20, 2016

Bhasin said , "Banks whose ATMs have been infected must come forward and declare those infected ATMs". There would have been security breaches that necessitated this move, the official said. We came to know that some of our customers have used them at some virus-infected ATMs. However, affected customers were largely clueless about this development. (more...)
SC directs Parsvnath Developers to refund Rs22 crore to home-buyers SC directs Parsvnath Developers to refund Rs22 crore to home-buyers
- October 20, 2016

For this, a builder should respect his contractual commitment with his buyers and live up to the terms of the contract with them, a three-judge Bench led by Justice Dipak Misra observed. "The respondents (buyers) collectively make a demand for refund of money because they have fought the litigation with ceaseless vigour and enormous hope". (more...)
Halliburton Swings To Surprise Profit But Revenue Light Halliburton Swings To Surprise Profit But Revenue Light
- October 20, 2016

Halliburton's overall revenues remained even with the second quarter at $3.83 billion, but that's still down more than 30 percent from $5.58 billion earned during the third quarter of a year ago. The day began at US$19.96 but the price moved to US$19.58 at one point during the trading and finally capitulating to a session high of US$19.97. Many analysts are providing their Estimated Earnings analysis for Halliburton Company and for the current quarter 37 analysts have projected that the ... (more...)
Herndon Capital Management LLC Reduces Position in Devon Energy Corp. (DVN)
- October 20, 2016

During the same quarter in the prior year, the company posted $0.95 earnings per share. A number of research analysts have recently commented on the company. Insiders own 0.08% of the company's stock. BlackRock Fund Advisors raised its position in Duke Energy Corp.by 18.4% in the second quarter. The Hedge Fund company now holds 8,285 shares of DVN which is valued at $356,918. (more...)
Spokesman: 2 firefighters, 2 others injured in Oregon blast Spokesman: 2 firefighters, 2 others injured in Oregon blast
- October 20, 2016

Moore added that there was construction underway at or around the site of the blast. About 100 firefighters are now on the scene where the explosion occurred. Portland Fire Chief Mike Myers credited Lt. Peter St. John with "single-handedly saving lives" by helping quickly evacuate the affected building. Gas company NW Natural says a 3rd party caused damage to a gas line. (more...)
Active Stocks Under Review Morgan Stanley (NYSE:MS), McDonald's Corporation (NYSE:MCD) Active Stocks Under Review Morgan Stanley (NYSE:MS), McDonald's Corporation (NYSE:MCD)
- October 20, 2016

The firm has price volatility of 1.52% for a week and 1.18% for a month. When it comes to the Analysis of a Stock, Price Target plays a vital role. Wall Street renowned brokerages following Southwest Airlines Company (NYSE:LUV) have now given a mean price target of $47.75 on its stock. (more...)
PayPal Cofounder Thiel Donates $1.2M to Elect Trump
- October 20, 2016

So far, billionaire Thiel has been the most prominent supporter of Trump from the country's technology hub. One tracker, Crowdpac , says the technology industry has donated nearly $8 million to the Clinton campaign, versus $300,000 to Trump's. (more...)
Fiat Chrysler recalls trucks, cars to fix alternator problem Fiat Chrysler recalls trucks, cars to fix alternator problem
- October 20, 2016

Should that happen, not only will airbags not deploy, but the seatbelts will cease to function properly, according to Fiat Chrysler. The recall covers over 180,000 Jeep Wrangler SUV's from the 2016 and 2017 model years with air bag issues - all in the USA and Canada. (more...)
Oil prices jump on big USA crude stock drawdown Oil prices jump on big USA crude stock drawdown
- October 20, 2016

International Brent crude futures traded at $52.23 per barrel, recording an increase of 1 percent, while U.S. West Texas Intermediate (WTI) crude oil futures stood at $50.85 per barrel, 1.1 percent up from the last settlement. Chinese oil output fell, consolidating price growth. If the API is correct in calling for a draw, it will be the sixth time in seven weeks that USA crude stockpiles have fallen, surprising analysts. (more...)
Starbucks plans to double stores in China in 5 years Starbucks plans to double stores in China in 5 years
- October 20, 2016

On the same day the company announced its expansion plans CEO Howard Schultz met with Han Zheng, secretary of the Communist Party of China in Shanghai. Leo Tsoi, who most recently has served as Starbucks China's vice president of Store Development and Design, has also been promoted to the role of chief operating officer of Starbucks China. (more...)
Goldberg addressed Brock Lesnar on his return to Raw Goldberg addressed Brock Lesnar on his return to Raw
- October 20, 2016

Goosebumps, Nostalgia, Emotional and electrifying. many things wrestling fans must be feeling right now. In short, the fans getting excited for this match should not expect an in-ring masterpiece - instead, this will more than likely be a slugfest with a couple of cool set pieces thrown in. (more...)

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