Markets


Few gains in first week of battle for Mosul Few gains in first week of battle for Mosul
- October 25, 2016

Iraqi Kurdish forces, known as peshmerga, have been advancing toward Mosul from the north, moving in long columns of armored vehicles. He says coalition airstrikes have destroyed five Islamic State vehicles and killed a "significant" number of militants in the town, which is hundreds of kilometers (miles) from Mosul. (more...)
AT&T and Time Warner defend pairing as shares fall
- October 25, 2016

US stocks are rising Monday following a series of corporate deals. What's the impact on everyday consumers now that AT&T might gain control over what their audience see on screen? In a major thrust to the ongoing consolidation trend between the telecom and media sectors, USA telecom behemoth AT&T Inc. (more...)
Belgian region: unable to clear EU-Canada trade deal by Monday Belgian region: unable to clear EU-Canada trade deal by Monday
- October 25, 2016

After seven years of negotiations, the EU-Canada Comprehensive Economic and Trade Agreement (CETA) was slated to be signed this Thursday. It left it open to what extent the European Union and Belgium could continue negotiating over the next days and weeks with the southern Belgian region of Wallonia, which needs to approve the deal before it can become official. (more...)
South Koreans sue Samsung on Galaxy Note 7 recall South Koreans sue Samsung on Galaxy Note 7 recall
- October 25, 2016

In offering the Note 8 upgrade option, Samsung indirectly reinforced previous statements that the Note series will not be discontinued. Samsung then asked them to come into the store again for the recall. After announcing an exchange and refund programme for the burned flagship, in which Note 7 users can get either an S7 Edge or cash, reports have it that customers can get a pretty nice discount for Samsung's next flagship, the Galaxy S8. (more...)
Samajwadi Party Chief Ministerial Candidate Pending: Shivpal Yadav or Akhilesh Yadav? Samajwadi Party Chief Ministerial Candidate Pending: Shivpal Yadav or Akhilesh Yadav?
- October 25, 2016

Those who have nothing should think of forming another party. He also debunked speculation that he was about to float a new political party. "Can you win elections?" he said, snapping at Akhilesh. On the other hand, rejecting rumours of floating a new party, Akhilesh Yadav in an emotional speech addressed to his father Mulayam Singh Yadav said some leaders in the party were conspiring against him and added that he would fight against the wrong. (more...)
Missed FGs leave Cardinals, Seahawks with tie Missed FGs leave Cardinals, Seahawks with tie
- October 25, 2016

On Arizona's next possession, QB Carason Palmer found J.J. Nelson for a 40-yard gain. That's when the favorite tool of sports sites, predictive analytics probability graphs, started to kind of freak out. "I make that kick 999,999 times out of a million", Catanzaro said. We won't really know until the end of the season. We thought we were going to see the first points of the night when Cardinals' kicker Chandler Catanzaro's field goal was blocked by Bobby Wagner . (more...)
Reliance Steel's (RS) Q3 Earnings & Sales Miss Estimates
- October 25, 2016

LLC now owns 2,151 shares of the company's stock valued at $165,000 after buying an additional 100 shares during the last quarter. This was down from $2.29 billion previous year. A number of institutional investors have recently modified their holdings of RS. Riverhead Capital Management LLC raised its position in shares of Reliance Steel & Aluminum Co.by 234.7% in the second quarter. (more...)
Stocks Swings: Avon Products Inc. (NYSE:AVP), Rockwell Automation (NYSE:ROK)
- October 25, 2016

Berenberg Bank initiated coverage on Rockwell Automation in a research report on Monday, October 3rd. Rockwell Automation, Inc . reported its last Earnings on Nov 07 BMO where the company reported Actual EPS of $1.55/Share whereas, the Analyst Estimated EPS was $1.46/share. (more...)
AT&T announces £70 billion deal to buy Time Warner
- October 25, 2016

A merger of this scale is by no means a done deal and will draw close scrutiny over anti-trust issues and general unease over media concentration. The prospect of another media giant on the horizon has already drawn fire on the campaign trail. (more...)
13 killed, 31 hurt in one of California's deadliest wrecks 13 killed, 31 hurt in one of California's deadliest wrecks
- October 25, 2016

The bus driver was among those killed, California Highway Patrol division Chief Jim Abele said at a press conference. The work had gone on for hours without problems, he said. "It seemed as though most of the victims were unrestrained and were therefore flown through the air and ended up sustaining facial trauma". Townsend says doctors treated several spine fractures but few other bone injuries. (more...)
In Pennsylvania, Clinton turns focus to down-ballot races
- October 25, 2016

Democratic presidential candidate Hillary Clinton and vice presidential candidate Sen. She continued: "But Pat Toomey heard Donald [Trump] attack a grieving gold star family". I'm a "skin in the game" kind of person who doesn't believe in hand outs, but I do believe that hard work needs to have its rewards in decent wages and benefits. (more...)
US diplomat says Philippines an ally, but drug killings a concern
- October 25, 2016

Yasay that the United States is also "concerned with the loss of life in connection with the counternarcotics campaign" - a veiled criticism that has never failed to rile Mr. "We don't want countries to have to choose between the U.S. and China but we do want countries to be able to have choices, to have autonomy, to make their own decision in keeping with their own democratic values and in keeping with worldwide laws", he said. (more...)
Massachusetts gas prices inch up slightly Massachusetts gas prices inch up slightly
- October 25, 2016

Gas prices dropped slightly across the country as Southeastern states recovered from a pipeline leak and a hurricane. More likely would be a reduction of 500,000 barrels a month, which world markets already are prepared for, DeHaan said. We suspect the Palmetto State will inch back below these states soon - although as we've frequently mentioned, low gas prices do not mean South Carolinians aren't paying a disproportionately high percentage of their income on fuel. (more...)
AT&T-Time Warner Expect To Grow Ad Platform
- October 25, 2016

The $50 billion purchase of DirectTV made AT&T the biggest paid television provider as well as its second-largest wireless operator. Buying Time Warner will give it control of top brands like Warner Bros, CNN , HBO, Cartoon Network, TNT, and a host of top-rated shows that the combined company will be able to deliver over multiple platforms. (more...)
Top US diplomat to meet Philippine foreign minister amid 'separation' issue
- October 25, 2016

U.S. assistant secretary of state for East Asian and Pacific Affairs Daniel Russel met with the Philippines' defence and foreign ministers on Monday, after Duterte last week announced his nation's "separation" from the United States. While not mentioning the South China Sea specifically, Xi said that the two sides could set aside "issues on which an agreement is hard to reach" in their discussions, according to the official Xinhua News Agency. (more...)
A Dangerous Obsession — ECB and Markets
- October 25, 2016

Please click the button below to manage your account. When pressed by reporters, he added that once the programme does near its end, the bond purchases will be reduced gradually. But Draghi said the governing council had not discussed extending the scheme at their meeting. The future of the ECB's bond-purchase program has garnered a lot of market attention and influencing gold prices; some commodity analyst noted that rumors and speculation about possible tapering helped push the market ... (more...)
Cherokee Nation donates to North Dakota pipeline fight Cherokee Nation donates to North Dakota pipeline fight
- October 25, 2016

Hundreds of people gathered in Los Angeles yesterday to protest against climate change and show support for activists demonstrating against the construction of an oil pipeline in North Dakota. "The DOJ should impose an injunction to all developments at the pipeline site to keep ALL citizens - law enforcement and protestors - safe", said Chairman Archambault. (more...)
Ex-wife of former Subway pitchman Jared Fogle sues company Ex-wife of former Subway pitchman Jared Fogle sues company
- October 25, 2016

In the suit, filed Monday in Hamilton, Indiana, Superior Court, Kathleen McLaughlin claims that Subway received at least three reports of Fogle's interest in children but, eager to retain its cash cow, did little about it. After sending a public relations manager to look into the incident, Subway did not attempt to contact the girl or investigate further. Fogle was convicted and sentenced last year to almost 16 years in prison for having sex with minors and receiving and distributing ... (more...)
Gold eases on subdued demand; silver gains Gold eases on subdued demand; silver gains
- October 25, 2016

Trump's more protectionist trade measures have been seen as a risk to emerging market currencies, but fading expectations that he would win the presidency have helped those currencies gain, analysts said. The U.S. dollar strengthened Thursday and Friday against the euro, in particular, in the wake of the European Central Bank's decision to leave its monetary policy unchanged and accommodative. (more...)
Clinton far ahead in Electoral College race: Reuters/ipsos poll
- October 25, 2016

A win in Florida would nearly assuredly seal a Clinton victory, since polling indicates the most realistic paths to the White House for Trump include the Sunshine State. The speech was one of the most detailed by Mr Trump during his candidacy, and also touched on matters of security, economy and trade. "On Nov 8, Clinton's claims of a mandate will fly in the face of reality. (more...)

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