Markets


Cyrus Mistry files four caveats against Tata trusts Cyrus Mistry files four caveats against Tata trusts
- October 26, 2016

However the announcement took the corporates and others by surprise, but insiders claimed that the removal of Cyrus Mistry was expected considering the growing rift between him and Tata Trusts. For the Economic Times , the case is an "ouster", described as "worse than any scene from corporate fiction in which the CEO is given the pink slip at the shortest possible notice". (more...)
Polls Find Clinton Leading Nationally and in Key States
- October 26, 2016

Almost 70 percent of voters believe that Clinton will ultimately beat Trump . Driving the shift are white voters, who were divided between the two candidates just a month ago and were more likely to support GOP nominee Mitt Romney than President Barack Obama in 2012. (more...)
Stock Perspective: Kimco Realty Corporation (NYSE:KIM) Earnings in View Stock Perspective: Kimco Realty Corporation (NYSE:KIM) Earnings in View
- October 26, 2016

Previously on 10/24/2016, Stifel Nicolaus released a statement about SL Green Realty (NYSE:SLG) reduced the target price from $125.00 to $95.00. Sell-side analysts covering the company are looking for the stock to go to $122.25 within the next 52 weeks. (more...)
EIA's Inventories Data Sends Oil Higher EIA's Inventories Data Sends Oil Higher
- October 26, 2016

Oil was supported by Mohammed Barkindo, secretary general of the Organization of the Petroleum Exporting Countries (OPEC), who expressed his confidence about the prospects of a planned production cut. But with its expiry due on Thursday, the November contract saw lighter trades than December WTI, which hit a 5-month high of US$52.22. That said, broad based United States dollar strength after final Presidential debate yesterday could limit gains in black gold. (more...)
Women in Iceland to Leave Work at 2:38 PM Women in Iceland to Leave Work at 2:38 PM
- October 26, 2016

Today, many women around the country walked out of work at 14:38 - the time in an eight-hour day from which they effectively stop being paid for their work - before gathering in front of parliament to call for more to be done to close the gap, reported Iceland Review . (more...)
Janet Jackson dons burqa as she enjoys stroll with husband in London Janet Jackson dons burqa as she enjoys stroll with husband in London
- October 26, 2016

Jackson first hinted at her pregnancy back in April, when she told fans she was postponing a planned tour because she was "planning a family". Jackson and Al Mana ventured out on a trip to a florist in the Regent's Park area of London, before stopping in to enjoy some food at a nearby health restaurant and doing some shopping at a children's boutique during their foray out into the world! Janet, who has sold over 100 million records, is widely regarded as one of the most successful ... (more...)
With treaty claim, pipeline protesters move to private land
- October 26, 2016

Haller says the troopers volunteered after the governor of North Dakota declared an emergency and asked other states for law enforcement assistance. "To many people, the military tactics being used in North Dakota are reminiscent of the tactics used against protesters during the civil rights movement some 50 years ago", the letter states. (more...)
Federal prosecutor on call for Kansas election complaints Federal prosecutor on call for Kansas election complaints
- October 26, 2016

Daily's charged with handling complaints of election fraud and voting rights abuses. Beall said in a statement that his office will act "promptly and aggressively" on complaints. The U.S. attorney's office for Kansas has set up an Election Day hotline to take reports of any problems at polling places. For example, actions meant to interrupt or intimidate voters at polling places under the pretext of uncovering illegal voting - such as questioning and challenging voters, or photographing ... (more...)
BMW & Ola Launch The 'Lux' Category In The Indian Market BMW & Ola Launch The 'Lux' Category In The Indian Market
- October 26, 2016

Ola will induct BMW luxury vehicles into their fleet across Mumbai , Delhi and Bengaluru for a start while other locations will be added later. Ola Lux allows customers to avail of a premium experience enabling them to travel in the luxury and comforts of a BMW model. (more...)
Under Armour profit soars on market share gains Under Armour profit soars on market share gains
- October 26, 2016

The shares were sold at an average price of $41.88, for a total value of $209,400.00. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website . Under Armour posted another quarter of hot growth, but then, investors don't pay for earnings past. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. (more...)
Bharti Airtel Q2 net profit slips 4.9% to Rs 1461 crore
- October 26, 2016

Net sales rose 3.4% to Rs24,652 crore. Mumbai: India's top telecoms operator Bharti Airtel Ltd reported a almost 5 per cent fall in second-quarter profit on Tuesday hit by higher costs. India revenue grew 10.1 percent YoY to Rs 19,219 crore, with Digital TV accounting for 20.9 percent, Airtel business 19.2 percent, homes 14.9 percent and mobile 7.9 percent. (more...)
Beer Run! Self-Driving Truck Goes 120-Plus Miles on Delivery Beer Run! Self-Driving Truck Goes 120-Plus Miles on Delivery
- October 26, 2016

The only time the truck driver delivering the beer took to the wheel was while driving on and off the highway ramp, an Otto spokesman said on Monday. All jokes about fake IDs aside, with device-based, internet-of-things-leaning hacking becoming a bigger issue , it will be interesting to see how self-driving technologists adapt to growing security threats. (more...)
Heathrow's third runway could be boon to Indian community
- October 26, 2016

Transport Secretary Chris Grayling announced that a new runway should be built to the north of the west London airport following a potential £17.6 billion investment. Heathrow and rival Gatwick, 30 miles (50 kilometers) south of central London , have offered competing projects that will cost as much as 18.6 billion pounds ($29.1 billion). (more...)
Profit-booking by local operators drags Sensex down by 87.66 pts Profit-booking by local operators drags Sensex down by 87.66 pts
- October 26, 2016

The wider 51-scrip Nifty fell by 17.65 points or 0.20 per cent to 8,691.30 points. The Sensex shed by 20 points to 28,159.09 in early trade. The market breadth was in favour of the buyers at 928 advances, 703 declines and 256 stocks remaining unchanged. (more...)
Kinder Morgan Inc. (KMI) Position Held by Bp Plc Kinder Morgan Inc. (KMI) Position Held by Bp Plc
- October 26, 2016

Cohen & Steers Inc. increased its stake in Kinder Morgan by 247.5% in the second quarter. Several other hedge funds have also recently made changes to their positions in KMI. Analysts at Raymond James Financial Inc. upgraded shares of Kinder Morgan Inc . Analysts mean target price for Kinder Morgan, Inc . Kinder Morgan's strengths such as its expanding profit margins over time are countered by weaknesses including deteriorating net income, generally higher debt management risk and ... (more...)
Scattering Ashes a Big No-No, Says Vatican Scattering Ashes a Big No-No, Says Vatican
- October 26, 2016

Nor can the ashes be scattered in the air, land or sea since doing so would give the appearance of "pantheism, naturalism or nihilism", the guidelines said . Pope Francis delivers the Urbi et Orbi (to the city and to the world) message at the end of the Easter mass, in St. Peter's Square, at the Vatican, Sunday, March 27, 2016. (more...)
Capital One Financial Corp. (COF) Shares Sold by Zurcher Kantonalbank Zurich Cantonalbank Capital One Financial Corp. (COF) Shares Sold by Zurcher Kantonalbank Zurich Cantonalbank
- October 26, 2016

DA Davidson raised shares of Capital One Financial Corp . from a "neutral" rating to a "buy" rating and set a $76.00 target price on the stock in a research note on Friday, July 8th. Capital One Financial Corporation (NYSE:COF), from the Financial sector had a price of $ 74.89 today, indicating a change of 0.51%. State Street Corp now owns 1,541,638 shares of the company's stock valued at $23,990,000 after buying an additional 431,037 shares in the last quarter. (more...)
Sterling tumbles as Carney flags key risk Sterling tumbles as Carney flags key risk
- October 26, 2016

But sterling's weakness and unexpectedly robust economic data have prompted most economists to rule out a November 3 rate cut. Operational risk was very hard to model and is best addressed by supervisors using their discretion to require a specific bank to hold more capital, as the BoE was already doing, Carney said. (more...)
Samsung Offers $100 Credit to Galaxy Note 7 Users
- October 26, 2016

Royal Mail Plc, operator of Britain's main postal service, said yesterday it had banned the delivery Note 7 smartphones through its network for safety reasons, making it potentially hard for many Britons to return the recalled devices. Samsung unveiled the Galaxy Note 7 at a splashy event in early August in NY, and the critically lauded handset was set to challenge the iPhone for phone supremacy this holiday-shopping season. (more...)
CHART: No stopping insane coal price rally 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...)

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