Markets
CHART: No stopping insane coal price rally
- October 26, 2016
MANILA, Oct 25 Chinese iron ore futures surged 6 percent to the highest in more than two years on Tuesday amid rising steel prices, playing catch-up with the strength in coking coal. On Monday, the spot price for iron ore added 1 per cent to $US59.28 a tonne. While UBS Group has highlighted the scope for renewed losses as mine supply expands, Toronto-Dominion Bank - the top forecaster in a Bloomberg ranking - expects rates to hold in the $US50s. (more...)
- October 26, 2016
MANILA, Oct 25 Chinese iron ore futures surged 6 percent to the highest in more than two years on Tuesday amid rising steel prices, playing catch-up with the strength in coking coal. On Monday, the spot price for iron ore added 1 per cent to $US59.28 a tonne. While UBS Group has highlighted the scope for renewed losses as mine supply expands, Toronto-Dominion Bank - the top forecaster in a Bloomberg ranking - expects rates to hold in the $US50s. (more...)
Yoga Pants Letter Sparks Backlash, Parade
- October 26, 2016
But the letter generated a huge outcry and a group of women say they'll parade through Sorrentino's neighbourhood on Sunday afternoon dressed in yoga trousers. A call to Sorrentino on Sunday went unanswered. On Wednesday October 19th, the Barrington Times published a letter from an angry man who felt the need to complain about something every single man loves: yoga trousers. (more...)
- October 26, 2016
But the letter generated a huge outcry and a group of women say they'll parade through Sorrentino's neighbourhood on Sunday afternoon dressed in yoga trousers. A call to Sorrentino on Sunday went unanswered. On Wednesday October 19th, the Barrington Times published a letter from an angry man who felt the need to complain about something every single man loves: yoga trousers. (more...)
Anger still flares after judge OKs Volkswagen emissions deal
- October 26, 2016
Kathryn Phillips, California director for the Sierra Club environmental group, said Volkswagen broke the law and that "Judge Breyer is making them pay the price". The scandal has damaged Volkswagen's reputation and hurt its sales. Environmental Protection Agency said Volkswagen had fitted many of its cars with software to fool emissions tests. (more...)
- October 26, 2016
Kathryn Phillips, California director for the Sierra Club environmental group, said Volkswagen broke the law and that "Judge Breyer is making them pay the price". The scandal has damaged Volkswagen's reputation and hurt its sales. Environmental Protection Agency said Volkswagen had fitted many of its cars with software to fool emissions tests. (more...)
TSX rises to 16-month high, led by resource shares
- October 26, 2016
The decline was due to lower sales at motor vehicle and parts dealers as well as general merchandise stores. "Consensus is earnings are going to continue to improve in part due to favorable energy prices and to strong consumption patterns here in the US", said Chad Morganlander, portfolio manager at Stifel Nicolaus in Florham Park, New Jersey. (more...)
- October 26, 2016
The decline was due to lower sales at motor vehicle and parts dealers as well as general merchandise stores. "Consensus is earnings are going to continue to improve in part due to favorable energy prices and to strong consumption patterns here in the US", said Chad Morganlander, portfolio manager at Stifel Nicolaus in Florham Park, New Jersey. (more...)
Well, Here's a Ginormous Doctor Strange Spoiler
- October 26, 2016
After numerous surgeries and failed rehab, it's clear that unusual can never regain the full function of his hands. As well as the titular master of the mystic arts, according to Derrickson Cumberbatch provided the physical performance for none other than. (more...)
- October 26, 2016
After numerous surgeries and failed rehab, it's clear that unusual can never regain the full function of his hands. As well as the titular master of the mystic arts, according to Derrickson Cumberbatch provided the physical performance for none other than. (more...)
Eric Bailly out for two months with knee injury
- October 26, 2016
Manchester United star Eric Bailly has reportedly been ruled out for two months with a knee injury. United manager Jose Mourinho admitted after the defeat that he feared Bailly had suffered a "really bad" knee ligament injury. United have struggled to find any consistent form throughout the season so far but Bailly has been one the side's few redeeming players. "Thanks for always being there". (more...)
- October 26, 2016
Manchester United star Eric Bailly has reportedly been ruled out for two months with a knee injury. United manager Jose Mourinho admitted after the defeat that he feared Bailly had suffered a "really bad" knee ligament injury. United have struggled to find any consistent form throughout the season so far but Bailly has been one the side's few redeeming players. "Thanks for always being there". (more...)
Anglo American keeps full-year output guidance broadly unchanged
- October 26, 2016
Consolidated third-quarter rough diamond sales rocketed 77% to 5.3-million carats on improved trading conditions. When compared with the first nine months of 2015, iron ore production from Kumba and diamond production from De Beers were 13% and 9% lower respectively. (more...)
- October 26, 2016
Consolidated third-quarter rough diamond sales rocketed 77% to 5.3-million carats on improved trading conditions. When compared with the first nine months of 2015, iron ore production from Kumba and diamond production from De Beers were 13% and 9% lower respectively. (more...)
Foley remembered ahead of Munster victory
- October 26, 2016
There was a minute of silence before the match. It goes on: "The Number 8 is, of course, a special number for Tony and his family but the 8 Sundays also bring us up to that special family time of year, Christmas". French referee Jerome Garces, having consulted with TMO Arnaud Blondel, reached for his red card. Munster were playing with an intensity that would be impossible to maintain and Glasgow were quick to punish them when they began to flag slightly after the hour as McArthur ... (more...)
- October 26, 2016
There was a minute of silence before the match. It goes on: "The Number 8 is, of course, a special number for Tony and his family but the 8 Sundays also bring us up to that special family time of year, Christmas". French referee Jerome Garces, having consulted with TMO Arnaud Blondel, reached for his red card. Munster were playing with an intensity that would be impossible to maintain and Glasgow were quick to punish them when they began to flag slightly after the hour as McArthur ... (more...)
What to expect in Coca-Cola earnings
- October 26, 2016
CHURCHILL MANAGEMENT Corp now owns 346,940 shares of the company's stock valued at $15,727,000 after buying an additional 32,457 shares during the period. Revenue: Revenue for the quarter is expected to hit $10.5 billion, according to analysts tracked by FactSet , which would be a more than 7% decline from the $11.4 billion Coca-Cola reported previous year. (more...)
- October 26, 2016
CHURCHILL MANAGEMENT Corp now owns 346,940 shares of the company's stock valued at $15,727,000 after buying an additional 32,457 shares during the period. Revenue: Revenue for the quarter is expected to hit $10.5 billion, according to analysts tracked by FactSet , which would be a more than 7% decline from the $11.4 billion Coca-Cola reported previous year. (more...)
SC asks Mallya to disclose his assets overseas within 4 weeks
- October 26, 2016
A bench of justice Kurien Joseph and justice Rohinton Nariman criticised Mallya on Tuesday for not giving complete details of his assets overseas as per an earlier direction and being evasive about the $40 million transaction with Diageo. A consortium of banks told the Supreme Court that Mr Mallya received $40 million on February 25, 2016, but he didn't inform the court about the payment. (more...)
- October 26, 2016
A bench of justice Kurien Joseph and justice Rohinton Nariman criticised Mallya on Tuesday for not giving complete details of his assets overseas as per an earlier direction and being evasive about the $40 million transaction with Diageo. A consortium of banks told the Supreme Court that Mr Mallya received $40 million on February 25, 2016, but he didn't inform the court about the payment. (more...)
Mahindra refocuses 2wheeler business; to target premium niche segments
- October 26, 2016
Owing to the cult status the Jawa brand enjoys in India, it will address domestic markets, said Rajesh Jejurikar, chief executive and president two-wheelers and farm equipment business at the firm. Since the 1970s, the brand BSA has been defunct. In the 1950s, the 350cc and 500cc BSA Gold Star were among the fastest motorcycles and dominated Isle of Man Clubman TT races. (more...)
- October 26, 2016
Owing to the cult status the Jawa brand enjoys in India, it will address domestic markets, said Rajesh Jejurikar, chief executive and president two-wheelers and farm equipment business at the firm. Since the 1970s, the brand BSA has been defunct. In the 1950s, the 350cc and 500cc BSA Gold Star were among the fastest motorcycles and dominated Isle of Man Clubman TT races. (more...)
Wells Fargo faces California criminal probe into possible identity theft
- October 26, 2016
Harris has demanded Wells Fargo ( NYSE: WFC ) turn over extensive information on California customers who had unauthorized accounts opened in their names. During Warren's time , she said that if a bank employee took money of out a cash drawer, that employee would be facing jail time . Hirt indicated that they could be guilty of identity theft to open the bogus accounts. (more...)
- October 26, 2016
Harris has demanded Wells Fargo ( NYSE: WFC ) turn over extensive information on California customers who had unauthorized accounts opened in their names. During Warren's time , she said that if a bank employee took money of out a cash drawer, that employee would be facing jail time . Hirt indicated that they could be guilty of identity theft to open the bogus accounts. (more...)
Census Attacked By Traffic From Singapore, But 'Not Hacked'
- October 26, 2016
Purcell said that negotiations are now taking place between IBM and Treasury chief John Fraser about the chance of financial compensation. "The cause of the census website being unreachable was IBM employee's [sic] falsely identifying normal traffic patterns as data exfiltration, and manually turning off their Internet gateway routers", the Vocus submission said. (more...)
- October 26, 2016
Purcell said that negotiations are now taking place between IBM and Treasury chief John Fraser about the chance of financial compensation. "The cause of the census website being unreachable was IBM employee's [sic] falsely identifying normal traffic patterns as data exfiltration, and manually turning off their Internet gateway routers", the Vocus submission said. (more...)
Baker Hughes +8% as Q3 loss not as bad as expected
- October 26, 2016
About 6.07 million shares traded hands or 69.55% up from the average. BHI's revenue was down -37.8% compared to the same quarter a year ago. These analysts have also projected a Low Estimate of $-0.65/share and a High Estimate of $-0.28/share. (more...)
- October 26, 2016
About 6.07 million shares traded hands or 69.55% up from the average. BHI's revenue was down -37.8% compared to the same quarter a year ago. These analysts have also projected a Low Estimate of $-0.65/share and a High Estimate of $-0.28/share. (more...)
DraftKings, FanDuel agree to $12M settlement with NY
- October 26, 2016
New York Times Joe Drape has reported that both DFS operators are close to a settlement with Eric T. Schneiderman, the Attorney General of New York, where both companies will be paying anywhere from $8 million to $12 million. Each company has agreed to pay $6 million as part of the settlement. " DraftKings and FanDuel will now be required to operate with greater transparency and disclosure and to permanently end the misrepresentations they made to millions of consumers". (more...)
- October 26, 2016
New York Times Joe Drape has reported that both DFS operators are close to a settlement with Eric T. Schneiderman, the Attorney General of New York, where both companies will be paying anywhere from $8 million to $12 million. Each company has agreed to pay $6 million as part of the settlement. " DraftKings and FanDuel will now be required to operate with greater transparency and disclosure and to permanently end the misrepresentations they made to millions of consumers". (more...)
Obama reads mean tweets about him on Kimmel
- October 26, 2016
In fact, he's enjoying being on the campaigning end for Clinton along with the Senate and House Candidates. "Most of the time", Obama said as the audience thunderously applauded. "So my phone has no phone [calls], no camera, no music - all it has is the internet, and I can send e-mails", he told a shocked Kimmel. He said they had a putting contest in the Oval Office and Murray won $5 from him. (more...)
- October 26, 2016
In fact, he's enjoying being on the campaigning end for Clinton along with the Senate and House Candidates. "Most of the time", Obama said as the audience thunderously applauded. "So my phone has no phone [calls], no camera, no music - all it has is the internet, and I can send e-mails", he told a shocked Kimmel. He said they had a putting contest in the Oval Office and Murray won $5 from him. (more...)
Chipotle misses big on sales but says next year will be great
- October 26, 2016
Finally, Prospera Financial Services Inc purchased a new position in shares of Chipotle Mexican Grill during the second quarter valued at approximately $242,000. The company reported $0.27 EPS for the quarter, topping the consensus estimate of $0.06 by $0.21. Chipotle's stock has lost about one-third of its value since food safety woes led to the temporary closure of dozens of Chipotle restaurants across the United States a year ago. (more...)
- October 26, 2016
Finally, Prospera Financial Services Inc purchased a new position in shares of Chipotle Mexican Grill during the second quarter valued at approximately $242,000. The company reported $0.27 EPS for the quarter, topping the consensus estimate of $0.06 by $0.21. Chipotle's stock has lost about one-third of its value since food safety woes led to the temporary closure of dozens of Chipotle restaurants across the United States a year ago. (more...)
Teargas and stones fly as French police evacuate migrants from Calais Jungle
- October 26, 2016
The unofficial camp, which sprang up 18 months ago, was previously tolerated but given nearly no state help. Nigel said it was terrible for the migrants but also soul-destroying for the volunteers at the camp. This is why he does not want to leave the Jungle, he said. There might be problems later. "That's why I came early". Pictured, migrants wait before boarding buses bound for asylum centres across the country. (more...)
- October 26, 2016
The unofficial camp, which sprang up 18 months ago, was previously tolerated but given nearly no state help. Nigel said it was terrible for the migrants but also soul-destroying for the volunteers at the camp. This is why he does not want to leave the Jungle, he said. There might be problems later. "That's why I came early". Pictured, migrants wait before boarding buses bound for asylum centres across the country. (more...)
Enterprise Products Partners, (NYSE:EPD), Ingersoll-Rand, (NYSE:IR)
- October 26, 2016
Enterprise Products Partners L.P. (NYSE: EPD ) now has P/E (Price to Earnings) ratio of 21.43 while the company's industry has 25.64 P/E and the sector P/E is 44.03. The Company's midstream energy operations include natural gas gathering, treating, processing, transportation and storage; NGL transportation, fractionation, storage, and import and export terminals, including liquefied petroleum gas (LPG); crude oil gathering, transportation, storage and terminals; offshore production platforms; ... (more...)
- October 26, 2016
Enterprise Products Partners L.P. (NYSE: EPD ) now has P/E (Price to Earnings) ratio of 21.43 while the company's industry has 25.64 P/E and the sector P/E is 44.03. The Company's midstream energy operations include natural gas gathering, treating, processing, transportation and storage; NGL transportation, fractionation, storage, and import and export terminals, including liquefied petroleum gas (LPG); crude oil gathering, transportation, storage and terminals; offshore production platforms; ... (more...)
Good news or a pricy risk? Airline heads mixed on runway
- October 26, 2016
May's decision is one of her most significant since she took office in July and puts her in conflict with some senior ministers who oppose expansion over densely populated west London, including Foreign Secretary Boris Johnson, whose electoral constituency sits near Heathrow. (more...)
- October 26, 2016
May's decision is one of her most significant since she took office in July and puts her in conflict with some senior ministers who oppose expansion over densely populated west London, including Foreign Secretary Boris Johnson, whose electoral constituency sits near Heathrow. (more...)
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