Markets


CPI Watch: Why Some Worry That Consumer Inflation Will Keep Rising
- October 24, 2016

In addition, RDQ chief economist John Ryding notes, "As inflation approaches 2 percent, the argument that the economy has more room to run becomes harder to make and we believe the Fed remains on track for a rate hike in December". Energy costs increased 2.9 percent in September as oil and gasoline prices rebounded. "Anyone with their savings still sitting in cash will struggle to generate real returns in this ultra-low interest rate and rising inflation environment", he said. (more...)
Interpublic (IPG) Beats on Both Q3 Earnings amp; Revenues
- October 24, 2016

Present Consensus Recommendation for INTERPUBLIC GROUP OF COMPANIES , INC. EPS or Earning per Share stands at $1.21. The firm has a market capitalization of $9.02 billion, a price-to-earnings ratio of 18.70 and a beta of 1.83. A number of large investors have recently made changes to their positions in IPG. Washington Trust Bank boosted its stake in Interpublic Group of Cos.by 495.3% in the second quarter. (more...)
Cardinal Dolan not needed for Trump/Clinton intercession
- October 24, 2016

Smith Memorial Foundation dinner in New York, Oct. 20. Recent polls have shown Clinton has a steady double-digit lead over Trump after a leaked tape revealed Trump's lewd remarks about groping women earlier this month. For example, here she is tonight, in public, pretending not to hate Catholics". Trump's electoral offensive has been marked by attacks on Clinton , accusing her of being the media favourite and alleging the elections are "rigged". (more...)
Philips net profit up 18 percent thanks to health care Philips net profit up 18 percent thanks to health care
- October 24, 2016

Philips' adjusted earnings before interest, taxes and amortisation (EBITA) rose to 649 million euros ($705 million), from 570 million euros in the same period a year ago. Philips Lighting successfully listed on the Amsterdam stock exchange at the end of May and Philips now holds a majority 71-percent share. But the firm remained concerned about "volatility" in its core markets. (more...)
Restaurant Brands International Q3 Profit and Revenue Beat Restaurant Brands International Q3 Profit and Revenue Beat
- October 24, 2016

Total comparable sales at Burger King rose 1.7 percent in the quarter ended September 30, far less than the 6.2 percent rise a year earlier. Restaurant Brands said Burger King sales were hurt by "softness" at its US and Canada locations. On a basis of using adjustments, Restaurant Brands' per share earnings were 43 cents, beating expectations on Wall Street of 40 cents. Revenue in what was the company's third quarter grew to almost $1.08 billion, up from almost $1.02 billion in the same ... (more...)
22 homes destroyed in Nevada wildfire
- October 24, 2016

More than 1,000 firefighters are battling to extinguish it. Cal Fire reports a wildfire in El Dorado County, near South Lake Tahoe, is 100 percent contained. It's holding at just under 3,500 acres. Fire District Chief Charles Moore says the entire Washoe Valley remains at risk along the eastern front of the Sierra where winds are gusting in excess of 60 miles per hour. (more...)
Credit Agricole SA Brokers Decrease Earnings Estimates for Mondelez International Inc. (MDLZ)
- October 24, 2016

Taube Hodson Stonex Partners Llp decreased its stake in Mondelez Intl Inc (MDLZ ) by 6.38% based on its latest 2016Q2 regulatory filing with the SEC. Revenues hit $6.3B in the June 2016 quarter, which was above the analysts' $6.33B projection. That is compared with the $0.42 in earnings per share it reported during the same period a year ago. (more...)
TD Ameritrade Holding Corp
- October 24, 2016

The firm attains analyst recommendation of 2.50 with week's performance of 2.57%. The company provided EPS guidance of $1.50-1.80 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.69. OLD Mutual Customised Solutions Proprietary Ltd. raised its stake in TD Ameritrade Holding Corp.by 3.1% in the second quarter. In addition, the Board of Directors of The Charles Schwab Corporation declared a regular quarterly dividend on the outstanding Fixed Rate Non-Cumulative ... (more...)
Samsung Adds $100 Extra to Your Galaxy Note 7 Refund Samsung Adds $100 Extra to Your Galaxy Note 7 Refund
- October 24, 2016

Users who have already made the change are also able to receive up to $75 alongside the $25 they may have already received. The damage done by the Samsung Note 7 was reported to have cost Samsung a huge sum, amounting to $17 billion. (more...)
Here's What AT&T's Acquisition of Time Warner Means for Consumers
- October 24, 2016

Franken was similarly skeptical of AT&T's bid to buy T-Mobile in 2011, which went down in flames amidst regulatory pushback. Is this a good deal for Time Warner? " AT&T , the original and abusive "Ma Bell" telephone monopoly, is now trying to buy Time Warner and thus the wildly anti-Trump CNN". (more...)
Clinton turns focus to down-ballot candidates in final days
- October 24, 2016

He also got a laugh when he referenced another instance of his sexist attacks on women, saying that after listening to Hillary rattle on and on, he doesn't think so badly of Rosie O'Donnell any more. Clinton, who spoke after Trump said it is "amazing" she is up here after him. He also said that if Clinton wins the election, she has already promised him a role in her administration. (more...)
Kellyanne Conway: Trump Would Be Willing to Challenge Clinton to Another Debate
- October 24, 2016

Clinton, who is leading in polls , claimed that she won the third presidential debate by defeating Trump, 70. "All of these liars will be sued once the election is over", Trump said Saturday during an event near the Civil War battlefield of Gettysburg. (more...)
Nothing to panic on debit card fraud, says NPCI Nothing to panic on debit card fraud, says NPCI
- October 24, 2016

The idea is to contain the damage", said Jaitley. Department of Economic Affairs Secretary Shaktikanta Das said a report has been sought on all aspects. The cyber strikes followed the across-the-border strike by Indian forces at Pakistan's terrorist camps - some reports put these at 7,000 - by Pakistani hackers. (more...)
Samajwadi Party imploding: Now Mulayam sacks Ram Gopal Yadav for six years Samajwadi Party imploding: Now Mulayam sacks Ram Gopal Yadav for six years
- October 24, 2016

He also blamed Amar Singh for the current developments within the party. But, a month later, the Samajwadi Party looks as though it is heading for a split - just months ahead of assembly elections in the state. In a fiery speech, the former state PWD Minister and Uttar Pradesh president of the SP attacked Akhilesh for not giving him due recognition and appreciation for the work done by him as minister. (more...)
BAT bid to gain Reynolds control
- October 24, 2016

But the USA remains an important market. Since Britain's Brexit vote on June 23, BAT's shares have jumped 13%, while Reynolds's have fallen about 7.5%, bringing the companies' price-to-earnings ratios more in line. The stock's strength is also due to geopolitical uncertainty in recent months leading investors to seek out stable, dividend-yielding stocks like tobacco and other consumer staples. (more...)
France moving more than 6000 migrants, destroying huge camp
- October 24, 2016

Violence was reported Sunday as residents of "the Jungle", Calais' infamous refugee camp, lashed out at government preparations to close the sprawling settlement in northern France. "We can't force anyone to get on a bus and go to regions where they don't want to go". Sixty buses will be on hand Monday, with 45 more available Tuesday. (more...)
Halloween safety: light-up costume ideas
- October 24, 2016

Want something a bit longer than a movie to keep you busy all Halloween long? The frenzy of activity at your front door and the constantly ringing doorbell only adds to your pets stress. Although it might be a little tough to turn down those begging eyes, it's best to refrain from feeding your pets Halloween candy, especially if it contains chocolate or xylitol (a common sugar substitute found in sugar-free sweets and gum ). (more...)
Nintendo Mum On Switch's Battery Life, Whether It Has A Touchscreen
- October 24, 2016

Original story is as follows . Aside from the Switch unit, players will also get the Joy-Con (L) and Joy-Con (R) controllers and the dock. It wouldn't be unfair to say that the online unveiling of Nintendo's latest console, the Switch, brought more questions than answers. (more...)
TD Ameritrade to buy Scottrade in $4B cash-and-stock deal TD Ameritrade to buy Scottrade in $4B cash-and-stock deal
- October 24, 2016

Riney, the face of the company, will join the board of TD Ameritrade, but will apparently not have an executive role in the combined company. Toronto-Dominion extends its US acquisition streak with this deal. The brokerages have been squeezed in recent years amid competition from automated investment systems known as robo-advisers and a shift away from stock picking and day-trading toward passive vehicles. (more...)
Theresa May Wants Free Trade To Continue Despite Brexit
- October 24, 2016

Theresa May was forced to slap down suggestions that Brexit talks could be held in French as she was sidelined by other European Union leaders at her first Brussels summit. MECHANICS OF NEGOTIATION May has said she will launch the formal, two-year process of negotiating Britain's exit from the EU before the end of March 2017 and London wants to use the interim period to sound out European counterparts and decide its priorities for the talks. (more...)

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