Markets


Tesla: from today, all new vehicles will have fully self-driving hardware
- October 22, 2016

Along with electric power, Tesla sees autonomous technology as crucial in improving safety and building the future market for on-demand mobility. A Tesla announcement said the models would all have "the hardware needed for full self-driving capability at a safety level substantially greater than that of a human driver". (more...)
N.J. Lawmakers Send Christie Gas-Tax Increase to Fund Roadwork N.J. Lawmakers Send Christie Gas-Tax Increase to Fund Roadwork
- October 22, 2016

It's part of a deal brokered last week by Republican Christie and Democratic leaders Assembly Speaker Vincent Prieto and Senate President Steve Sweeney. Christopher "Kip" Bateman (R-16th) and Assemblyman Jack Ciattarelli (R-Somerset, Hunterdon, Mercer, Middlesex) voted against the increase. Some previous proposals also called for allowing residents to deduct the gas tax increase from their state income taxes and to create a state tax deduction for charitable contributions. (more...)
Iraqi special forces join battle for Mosul, US soldier dies
- October 22, 2016

Some say he is still in Mosul , while others says he has fled the northern Iraqi city. "Our task is finished", he said, adding that he doesn't believe this will be the last time he fights the IS group. Speaking by video transmission to a conference in Paris focused on post-liberation planning for Mosul , the Iraqi leader said the Iraqi "forces are now pushing forward. (more...)
The answers I wish I had heard in the last Presidential Debate The answers I wish I had heard in the last Presidential Debate
- October 22, 2016

The lack of focus on immigration in previous debates was striking, especially as it's played such large role in the campaign. When Clinton answered by praising the work the Clinton foundation had done, Wallace interrupted her with a reminder to answer the question posed. (more...)
North Korea in second failed missile launch in six days North Korea in second failed missile launch in six days
- October 22, 2016

The presence of strategic weapons in a show of force will not only send strong warning to North Korea but they could be effectively put to use if Pyongyang dares to use nuclear weapons, the defense ministry of Seoul said. A test-fire of strategic submarine-launched ballistic missile in an undated photo released by North Korea's Korean Central News Agency (KCNA) in Pyongyang August 25, 2016. (more...)
Philippines' Duterte says not really severing ties with US
- October 22, 2016

While such grand talk from the Philippine president is hardly surprising - indeed, it's almost expected at this point - and is undoubtedly wishful thinking on his part, it nonetheless demonstrates that Duterte sees the writing on the wall. (more...)
Delta Air Lines, Inc.'s (DAL)
- October 22, 2016

The company's 50 day moving average price is $38.66 and its 200-day moving average price is $40.09. The stock's market capitalization has now valued at $31.43B. shares. During the 52 -week period, the stock's price traded between range of $32.60 to $52.77. Following the transaction, the chief financial officer now owns 328,631 shares in the company, valued at approximately $12,787,032.21. (more...)
Facebook Will Allow Graphic Content If Newsworthy Facebook Will Allow Graphic Content If Newsworthy
- October 22, 2016

Facebook, following multiple instances of backlash related to its taking down of certain significant news items that include graphic content, is loosening its restrictions. "Whether an image is newsworthy or historically significant is highly subjective", Kaplan and Osofsky wrote. Forty-four percent of the general population in the United States says it gets its news from Facebook, according to a recent Pew study. (more...)
BAT to buy rest of Reynolds American
- October 22, 2016

BAT, the world's No. 2 publicly traded tobacco company by volume, behind Philip Morris International Inc ., owns cigarette brands including Dunhill, Lucky Strike and Pall Mall. They referred to a gain in BAT's stock since Britons opted for Brexit in June and a fall for Reynolds, which brought their trading multiples closer together. (more...)
Asia stocks ease as stronger dollar weighs on crude oil
- October 22, 2016

The dollar index was set for its third straight week of gains, driven by hardening expectations of a rise in USA interest rates in December. Third-quarter earnings in the Stoxx Europe 600 are expected to decline 13% from a year earlier, according to analysts' estimates from Thomson Reuters. (more...)
Prosecutors say contractor stole 50 terabytes of NSA data Prosecutors say contractor stole 50 terabytes of NSA data
- October 22, 2016

Attorneys for Martin have rejected the allegations that he betrayed the U.S. The government alleged that Martin was able to defeat "myriad, expensive controls placed" on classified information. The FBI found 10 firearms in his possession, including an AR-style tactical rifle and a shotgun with a flash suppressor. "It is readily apparent to every foreign counterintelligence professional and nongovernmental actor that the defendant has access to highly classified information, whether in his ... (more...)
Fewer Americans Have Private Health Insurance Now Than in 2007
- October 22, 2016

Stephanie Taylor, co-founder of the Progressive Change Campaign Committee (PCCC), has stated that this strong progressive push for a public option has not been as significant since the passage of the Affordable Care Act . "But if no private insurers are providing affordable insurance in an area, then the government would step in with a quality plan that people can afford". (more...)
FM Arun Jaitley seeks report on debit card breach
- October 22, 2016

They should not be alarmed or get panicked. Finance minister Arun Jaitley called on banks and payment gateways to limit the fallout from a data security breach that has put 3.2 million debit cards at risk of fraud. Fraudulent withdrawals have been reported from 19 banks so far. ICICI Bank, HDFC Bank and Axis Bank - the top three private sector lenders - confirmed in separate statements some of their customers' card accounts had been possibly breached after use at outside ATMs. (more...)
Banks to take corrective measures after report on card data breach
- October 22, 2016

The bank said it replaced possibly affected cards as a "precautionary measure" to ensure that customers' financial security is not compromised, adding there was no breach across its own network. "We have asked for a detailed report from the banks regarding the hack". Economic Affairs Secretary Shaktikanta Das on Friday reassured the public that there was no cause for panic on the recent data breach that has affected over 32 lakh bank cards. (more...)
Popular sites like Amazon, Twitter and Netflix suffer outages
- October 22, 2016

The company confirmed that a second DDoS attack took place at 11:52 a.m. EDT (1552 GMT). Reuters reported that the U.S. Department of Homeland Security and the Federal Bureau of Investigation were both investigating the attack, but it was not immediately clear who was responsible. (more...)
Zurcher Kantonalbank Zurich Cantonalbank Boosts Stake in Alibaba Group Holding Ltd. (BABA) Zurcher Kantonalbank Zurich Cantonalbank Boosts Stake in Alibaba Group Holding Ltd. (BABA)
- October 22, 2016

Veritas Asset Management LLP's holdings in Alibaba Group Holding were worth $19,087,000 as of its most recent SEC filing. A number of other large investors have also added to or reduced their stakes in the company. Alibaba Group Holding had a net margin of 42.95% and a return on equity of 12.31%. Sell-side firms are looking for the firm to post EPS of $0.65 for the quarter ending on 2016-09-30. (more...)
Samsung Galaxy Note 7 handsets banned from airline flights in US Samsung Galaxy Note 7 handsets banned from airline flights in US
- October 22, 2016

According to a Facebook post by SIA on Saturday (Oct 15), this comes after the ban of the device by the US Department of Transportation . The FAA warned if passengers attempt to travel by air with their Samsung Galaxy Note7 devices, they will be denied boarding. (more...)
American Express raises outlook after strong quarterly earnings American Express raises outlook after strong quarterly earnings
- October 22, 2016

Several other analysts have also issued reports on AXP. American Express Company has a 52 week low of $50.27 and a 52 week high of $74.97 with a P/E ratio of 11.76 The company's market cap is now $0. There were earnings of $1.24 per share. Toymaker Mattel surged 6.5 per cent after third-quarter net income rose 5.6 per cent to Dollars 236.3 million following strong sales for its Barbie and American Girl brands. (more...)
BAT offers to buy United States tobacco firm Reynolds in $47
- October 22, 2016

The two companies have more than 80% of USA cigarette market share. "The RAI board of directors, consistent with their fiduciary duties, will evaluate the offer from BAT and respond accordingly", the statement said. "The proposed merger of our two great companies is the logical progression in our relationship and offers all shareholders a stake in a stronger, truly global tobacco and next-generation products company", BAT Chief Executive Nicandro Durante said in a news release. (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...)

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