Markets


2 children lucky to survive accident at Aussie park 2 children lucky to survive accident at Aussie park
- October 27, 2016

Dreamworld chief executive Craig Davidson and his employees leave flowers at the site on Wednesday. Sydney mother Cindy Low, 42, was at the theme park with her 10-year-old son Kieran, six-year-old daughter and her husband Mathew on Tuesday. (more...)
Oil prices are too gloomy on chance of OPEC deal Oil prices are too gloomy on chance of OPEC deal
- October 27, 2016

Brent crude oil futures were down 20 cents at $51.26 a barrel by 1400 GMT. Analysis emailed from S&P Global Platts late Monday said it expected to see US crude oil inventory levels increase by 400,000 barrels from the previous week. Drivers will pay more for gas than the did last winter, but that is due more to the gas tax increase, than what happens on commodities markets or due to OPEC actions, Kloza said. (more...)
Crude Hits 3-Week Low as Doubts Grow Over OPEC Cuts Crude Hits 3-Week Low as Doubts Grow Over OPEC Cuts
- October 27, 2016

Oil prices fell on Wednesday, pulled down by a report of surging US crude inventories, rising output in Nigeria and squabbling among producers about a planned output cut, which together re-ignited concerns over a global supply glut. "We are prepared to cooperate on the correct basis", Prime Minister Haider al-Abadi said, commenting on the visit by OPEC Secretary General Mohammed Barkindo to Baghdad. (more...)
Iraq seeks OPEC deal that would preserve oil output Iraq seeks OPEC deal that would preserve oil output
- October 27, 2016

Traders and investors are growing less confident about OPEC's chances of securing an effective agreement to curb output as more members say they want to be excluded from the deal. Prices hit $50.17 earlier in the session, the lowest in about three weeks. For the same period, analysts had estimated an increase of 1.69 million barrels in crude inventories, along with a drop of 963,000 barrels in gasoline supplies and a decrease of 1.41 million barrels of distillates. (more...)
Gerard Butler to return as Mike Banning in 'Angel Has Fallen' Gerard Butler to return as Mike Banning in 'Angel Has Fallen'
- October 27, 2016

Of course, given that the past two films grossed a total of $350 million worldwide, there was never really any chance of that happening. March's London Has Fallen , from director Babak Najafi , featured Banning (and Butler) in England, where world leaders were in peril during a massive assassination attempt. (more...)
Energy Stocks Directions: Whiting Petroleum (NYSE:WLL), Ferrellgas Partners (NYSE:FGP) Energy Stocks Directions: Whiting Petroleum (NYSE:WLL), Ferrellgas Partners (NYSE:FGP)
- October 27, 2016

Receive Whiting Petroleum Corporation News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Whiting Petroleum Corporation with MarketBeat.com's FREE daily email newsletter . (more...)
Briferendum aftermath series eu likely to present tough brexit talks Briferendum aftermath series eu likely to present tough brexit talks
- October 27, 2016

She told her counterparts directly that Britain would be leaving after suggestions in Europe that the referendum result could be revisited. Speaking at a summit in Brussels, she said she felt it could be achieved, despite the continuing deadlock over a landmark EU-Canada trade deal. (more...)
Apple reports its financial results for the quarter ended Sept Apple reports its financial results for the quarter ended Sept
- October 27, 2016

In the past 3 months, Apple was able to sell a total of 45.5 million iPhones and 9.3 million iPads. Apple said it sold 45.51 million iPhones in the three months ended September 24. Cook said Apple is partnering with Reliance Jio, which is offering a free year of service to purchasers of new iPhones, to ensure "great iPhone performance" on their network. (more...)
Regional Heads Will Have Say Over UK's Brexit Terms
- October 27, 2016

May says that while the devolved governments of the UK's three smaller nations should give their views on what the terms of Brexit should be, they must not undermine the UK's strategy by seeking separate settlements with the EU. Many in the province - which like Scotland voted to stay in the European Union, unlike England and Wales - fear the effect of Brexit on the fragile peace process, notably the introduction of a hard border with European Union member Ireland. (more...)
Judge Approves VW's $14.7 Billion Settlement Over Emissions Scandal
- October 27, 2016

As per the settlement, the Volkswagen and Audi auto owners have until September 1, 2018 to have their vehicles fixed or repurchased by the company. A federal judge has approved Volkswagen's $14.7 billion settlement over the carmaker's vehicle emissions scandal. (more...)
London City Airport CEO: Heathrow expansion will secure UK's 'global' position
- October 27, 2016

Johnson said the new runway would create a "hell" of aircraft noise above London, moments after pausing the interview to wait for a passing jet. The Department of Transport has supported the London based airport's plan to create a third runway instead of building a second runway at Gatwick. (more...)
Bill Clinton heading to Pennsylvania to stump for his wife
- October 27, 2016

Trump has often pointed to Lincoln as he's tried, with little luck, to expand his appeal with African-American voters and other minority groups. HARRISBURG - Both candidates seeking to become Pennsylvania's next attorney general are trying to link each other to other politicians as they debate with two weeks left in the campaign. (more...)
Portland Global Advisors Lowers stake in Texas Instruments Incorporated (TXN) Portland Global Advisors Lowers stake in Texas Instruments Incorporated (TXN)
- October 27, 2016

Equity research analysts have provided views on where they believe Texas Instruments Incorporated (NASDAQ:TXN) will be trading in the future. The company has 1 year Price Target of $72.21. The Corporation has a Mean Rating of 3.5 based on the Reuters Analysts consensus issuing ratings. The company had Year Ago Sales of 3.43 Billion. The Firm operates through two divisions: Analog and Embedded Processing. (more...)
Deal or No Deal, Time Warner Is a Good Bet
- October 27, 2016

He made no mention of the FCC, which may or may not review the deal depending on what licenses Time Warner has, though it would nearly certainly provide its expert opinion to the Justice Department at any rate. The 2000 deal has gone down as one of the biggest mistakes in M&A (mergers and acquisitions) history, with AOL quickly succumbing to the collapse of the dot com bubble in 2001. (more...)
Massive gender equality protest in Iceland Massive gender equality protest in Iceland
- October 27, 2016

THOUSANDS of women workers in Iceland left their jobs early to protest against the country's gender pay gap. They were not just protesting the unequal pay, they were fed up with having no political representation - only nine women had ever won seats in parliament. (more...)
Commuters smash window to escape smoke-filled Boston subway train Commuters smash window to escape smoke-filled Boston subway train
- October 27, 2016

The MBTA is telling riders to take the Green Line for downtown service instead. No injuries have been reported. With smoke in the air, riders climbed out of train cars through windows. Orange Line service has been suspended between Jackson and Haymarket as the T works to remove the damaged train from the station, according to the MTBA. (more...)
Tata Sons inducts two new directors; CEOs asked to
- October 27, 2016

Mistry also said that he was pushed into the "position of lame duck chairman". In an interview to NDTV , V.R. Mehta, a trustee of the group said that Mistry had breached the ethics of the group. Mistry, say people with direct knowledge of the matter, would be filing interim injunction in Bombay High Court. "I am proud of all of you and let us continue to build this group together", he said in his motivating speech. (more...)
Tesla races ahead with autonomous auto rollout
- October 27, 2016

The company is equipping its cars with eight surround cameras that provide 360 degree visibility around the vehicle at up to 250 meters of range, 12 updated ultrasonic sensors to complement this vision by allowing the detection of both hard and soft objects at almost twice the distance of the previous system, and a forward-facing radar that uses a redundant wavelength to see through heavy rain, fog, dust and even the auto ahead, Tesla wrote in a blog post . (more...)
Southwest 3Q profit falls 34 percent on higher costs Southwest 3Q profit falls 34 percent on higher costs
- October 27, 2016

Finally, Sanford C. Bernstein began coverage on Southwest Airlines in a report on Monday, October 10th. Southwest Airlines had a return on equity of 34.25% and a net margin of 11.95%. Revenues declined 1% on a year-over-year basis. In the third quarter, the average price paid for a Southwest ticket was down 5 percent in one year to $147. (more...)
Galaxy Note 7 owners offered $100 buy another Samsung device Galaxy Note 7 owners offered $100 buy another Samsung device
- October 27, 2016

The refund and exchange programme will continue by the end of this year. The Korean electronics giant and US Consumer Product Safety Commission again recalled the Galaxy Note 7 after replacement phones continued to overheat. Finally, Samsung halted the production of the phones and in an attempt to limit its reputational blow, began offering customers money for their exchanges - even if it's to buy other phone makers' devices. (more...)

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