Markets


At 4.9 percent, South Carolina unemployment keeps falling
- October 22, 2016

Georgia's seasonally adjusted unemployment rate was 5.1 percent in September, according to the state Department of Labor. The jobless rate in MA has fallen 1.2 percent over the past year. Over the course of year, almost 19,000 people have fallen out of the labor force, according to the Labor Dept. Employment has fallen 23,197 while unemployment was up 4,391. (more...)
OH due to release unemployment, jobs data for September
- October 22, 2016

The number of unemployed workers in OH in September was 275,000, up 4,000 people from August. Just as encouragingly, the number of people who live in Flagler County and hold jobs increased in September by 350, to 42,703, an increase of 1,675 job-holders over the year, or 4 percent. (more...)
Bledsoe: 'Obvious choice' for Cowboys to stick with Prescott
- October 22, 2016

Romo played only four games past year, with the Cowboys going 3-1 straight-up and 2-2 against the spread in his starts. Oh, and Prescott wasn't talking about Tom Brady's record, the one he topped by throwing 176 passes without an interception to start his career. (more...)
$47 billion offer to create world's biggest tobacco company
- October 22, 2016

BAT has been a shareholder of Reynolds for 12 years, and now it is offering $20 billion in cash and $27 billion in shares for the American company. The proposal represents an enterprise value of $93 billion for Reynolds . Reynolds American shares reacted to the news, rising almost 15% to $54.38 in early trading Friday. (more...)
ECB retains easing bias, tapering not discussed ECB retains easing bias, tapering not discussed
- October 22, 2016

The fact that European banking stocks appear to be resilient to Draghi's dovish message, suggests that some investors may also believe that the ECB cannot extend its QE programme too far, and anyone looking for a long-term increase to the ECB's asset purchase programme could be disappointed.Mr Draghi said it was "unlikely" that there would be an abrupt end to the bond-buying programme. (more...)
Nintendo announces Switch, a hybrid games console
- October 22, 2016

KYOTO-Gamers got a sneak peek of Nintendo Co.'s next-generation console when a preview video of the "Nintendo Switch" hit the Internet on the night of October 20. This may go without saying since it seemed pretty obvious from Nintendo's latest Switch console reveal, but the docking device on which the Nintendo Switch rests when not in use isn't actually the "main unit" after all. (more...)
Wells Fargo Scandal May Speed Up Branch Closures Wells Fargo Scandal May Speed Up Branch Closures
- October 22, 2016

WFC has been the subject of a number of other research reports. Wells Fargo & Co makes up approx 0.93% of Stokes Hubbell Capital Management's portfolio. Shaheen Associates Dba Whitney Co's portfolio.Arvest Bank Trust Division reduced its stake in WFC by selling 880 shares or 0.3% in the most recent quarter. (more...)
SAP Raises Sales, Profit Forecast on Improved Cloud Outlook SAP Raises Sales, Profit Forecast on Improved Cloud Outlook
- October 22, 2016

BNP Paribas set a €59.00 ($64.84) target price on shares of SAP SE and gave the stock a "sell" rating in a research report on Monday, June 27th. SAP SE has a 12-month low of $71.39 and a 12-month high of $92.76. The Company is also engaged in digital commerce and is an enterprise cloud company. SAP S/4HANA has 4,100 customers now. At present, the Gross Margin for SAP SE SAP Application Software is moving around at 70.30% alongside a Profit Margin of 16.80%. (more...)
Camel could join Lucky Strike in $47B cigarette mega merger
- October 22, 2016

He cited a BAT pivot toward the large USA market - whose profit pool is protected by high barriers to entry - and improved scale in vapour products like e-cigarettes, which all big tobacco companies are investing in to offset declines in smoking. (more...)
Exporters relieved as euro falls to lowest level since March
- October 22, 2016

Faced with sluggish growth and stubbornly low inflation, most analysts actually expect the European Central Bank to extend its bond-buying scheme beyond its March deadline rather than end it. The pound is heading down to under $1.23 against the dollar again, while shares in Deutsche Bank are showing signs of recovery after hopes surfaced that the major investors from the Middle East and China were prepared to back the lender if it opted to attempt to raise more capital. (more...)
Syrian government opens evacuation corridor in Aleppo
- October 22, 2016

On Thursday, government helicopters dropped leaflets over eastern Aleppo, saying that this is "the road to the nation". The Syrian Observatory for Human Rights said there had been clashes overnight along frontline neighbourhoods of rebel-held east Aleppo: in Jab al-Jalabi in the Old City, in al-Ithaa and in Salah al-Din. (more...)
Syria's Aleppo scene of 'historic' crimes: UN rights chief
- October 22, 2016

The dawn-to-dusk "humanitarian pause" that began Thursday will last into Saturday on the orders of President Vladimir Putin, said Lt. Gen. Sergei Rudskoi, speaking in Moscow . The UN's human rights chief Zeid Ra'ad Al Hussein called for the crisis in Syria to be referred to the International Criminal Court. The Kremlin also applauded Britain's decision to leave the European Union but claimed not to have interfered with the Brexit vote. (more...)
Consumer Prices Rose 0.3% in September
- October 22, 2016

Higher energy costs fueled USA consumer prices in September, but overall inflation remains in check as it has for the past several years. "There is no explicit evidence the lower pound is pushing up the prices of everyday consumer goods", the ONS's Head of Inflation Mike Prestwood said. (more...)
New Mexico jobless rate rises to 6.7 percent in September
- October 22, 2016

Tennessee's preliminary unemployment rate for September was 4.6 percent, up from the August revised rate of 4.4, Tennessee Department of Labor and Workforce Development Commissioner Burns Phillips announced Thursday. Meanwhile, employers say they cut 3,100 jobs in September. The jobless rate was still half a percentage point below the state's average in 2015, which was 5.1 percent. (more...)
US Postal Carrier Filmed Dumping Bins of Mail Into a Ditch US Postal Carrier Filmed Dumping Bins of Mail Into a Ditch
- October 22, 2016

The postal service sent five investigators over to pick up the discarded mail Wednesday. The USPS has started an investigation. "How many other rogue postal office guys do we have?" The HOA president of a Decatur subdivision on Longview Walk said she saw the postal worker do this Tuesday and recorded it with her cell phone. (more...)
Peanut butter vandal mistakes gathering for Trump rally Peanut butter vandal mistakes gathering for Trump rally
- October 22, 2016

She departed when asked to leave, but authorities said she then used peanut butter to draw phallic symbols and write profanities on vehicles outside, WSAW-TV reported . Which sounds like a lot of dicks drawn in perfectly usable and delicious peanut butter, but is also, frankly, a natural reaction to the worst election in the history of human civilization. (more...)
Nissan-Renault CEO Ghosn to chair Mitsubishi's board Nissan-Renault CEO Ghosn to chair Mitsubishi's board
- October 22, 2016

And as such, car-boss extraordinaire Carlos Ghosn adds another major vehicle manufacturer under his control in the Alliance to his resume, as he will now takeover the Chairman duties at Mitsubishi. According to Masuko, he had wanted to resign to take responsibility of the fuel economy scandal but stayed at Ghosn's request "for the good of the company". (more...)
All day breakfast helps feed McDonald's profits All day breakfast helps feed McDonald's profits
- October 22, 2016

The company attributed the improvements to its new all-day breakfast push, which is expanding with additional items, as well as a new value-oriented deal called McPick 2 and Chicken McNuggets with no artificial preservatives. The Closing Price of the stock before earnings was $115.76 while on the Next day the stock closed its trading session at $116.54 with a percentage change of 0.67% from the price of 115.76 before Earnings . (more...)
Will totally accept election results if I win Will totally accept election results if I win
- October 22, 2016

The boos got louder when Trump joked, "Here she is in public, pretending not to hate Catholics". Some of his jokes landed well, drawing laughs from both the crowd and Clinton. Then Mrs Clinton stood up and had her chance. She added that she was surprised Trump let her go second because "I didn't think he'd be OK with a peaceful transition of power". (more...)
US Preparing Civil Complaint Against Moody's On Mortgage-Bond Ratings US Preparing Civil Complaint Against Moody's On Mortgage-Bond Ratings
- October 22, 2016

Moody's Corporation (NYSE:MCO) stock is now trading at about $108.09 and lots of rating firms seem to have a target price set on the stock. The insider owns 220,762 shares which have current market value of around $23862164.58.Mark E. And roundups of analyst notes show that 0 are rating the stock a buy while 0 rate MCO a strong buy. Pinkerton Retirement Specialists LLC bought a new position in Moody's Corp . (more...)