Markets


No paws for the Qantas flying kangaroo in latest logo redesign No paws for the Qantas flying kangaroo in latest logo redesign
- October 27, 2016

Qantas will receive its first Dreamliner in October 2017. The 166 Recaro economy class seats will feature a 3-3-3 layout with 32in pitch. It was never meant to put large children and adults into such small economy class seats when the Dreamliner family was designed, but times have changed, and as the Qantas 787 cabin announcement today showed, the airline has made a decision to follow not lead when it comes to the current craze by airline managements to physically hurt the numerical ... (more...)
Barclays says core earnings fall 73 per cent in 3rd quarter Barclays says core earnings fall 73 per cent in 3rd quarter
- October 27, 2016

Staley has committed to growing the investment banking business because he believes it offers "counter-cyclical" earnings potential compared with corporate and retail banking, a strategy supported by this quarter's strong trading results amid global economic uncertainty. (more...)
Volkswagen's $14.7bn settlement deal approved
- October 27, 2016

Around 490,000 owners will receive the planned compensation and to date, 340,000 have signed up for settlement. In this October 13, 2015, file photo, a Volkswagen Touareg diesel is tested in the Environmental Protection Agency's cold temperature test facility in Ann Arbor, Mich. (more...)
Here's how much Obamacare premiums are going up in every state Here's how much Obamacare premiums are going up in every state
- October 27, 2016

It has not worked all that well, and that is at least partly to blame for soaring premiums next year on some of the health law's insurance exchanges. Cost increases are on the horizon for the remaining five carriers. Russell said he thinks the students who have parents without health insurance are most likely in the lowest income group among students, but he thinks this is only small percentage of students. (more...)
Volkswagen Settlement Agreement Gets the Green Light
- October 27, 2016

The German automaker shall also invest $4.7bn on programs which could offset emissions and other clean energy vehicle projects. " Final approval of the 2.0L TDI settlement is an important milestone in our journey to making things right in the United States, and we appreciate the efforts of all parties involved in this process". (more...)
Heathrow expansion: what happens next? Heathrow expansion: what happens next?
- October 27, 2016

A British Airways plane on the runway behind cargo containers adorned with " Britain's New Runway", at Heathrow Airport, as a third runway at the airport has been given the go-ahead by the Government. Commenting on the government's decision, Liz Jenkins, an infrastructure partner at Clyde & Co said the announcement was a 'false dawn'. Anti-Heathrow expansion protester Neil Keveran said: "Literally I live this side of the road, 54 paces that side of the road, behind this facade, will be the ... (more...)
Mystery Deepens On Samsung's Galaxy Note 7 Explosions (SSNLF, AAPL) Mystery Deepens On Samsung's Galaxy Note 7 Explosions (SSNLF, AAPL)
- October 27, 2016

The latest recall has been approved by the US Consumer Product Safety Commission. More than 100 Galaxy Note7 smartphones have reportedly caught fire to date, including 23 overheating in the U.S. The decision comes after Samsung stopped the production, sales and replacement of the Note phone on October 10. Samsung announced today that it is expanding its Galaxy Note7 recall and will give users an up to $100 rebate. (more...)
National Australia Bank profit slips 94 PC to $269 million National Australia Bank profit slips 94 PC to $269 million
- October 27, 2016

National Australia Bank has resisted pressure to cut its final dividend after lifting full-year cash earnings 4.2 per cent to $6.48 billion. In a sign of how Australian banks are responding to this softer environment, NAB allowed nearly $6 billion in less profitable loans to large corporations to lapse, as it instead ploughed capital into high-profit markets including home lending and small business lending. (more...)
Cabin crew strikes hit Eurowings and Germanwings today Cabin crew strikes hit Eurowings and Germanwings today
- October 27, 2016

It said the strikes will begin at midnight and last for 24 hours, affecting the airline's sites in Duesseldorf and Hamburg. Around 380 flights will be cancelled, Eurowings said late on Wednesday. Earlier on Wednesday, UFO confirmed the strike for Lufthansa's Eurowings on the same day. Eurowings operates 90 aircraft, but the strike would likely be limited to the 23 jets Eurowings owns. (more...)
Hurricane Matthew disaster assistance is now available Hurricane Matthew disaster assistance is now available
- October 27, 2016

The toll-free numbers are open from 7 a.m.to 10 p.m. Representatives from the South Carolina Emergency Management Division, the Federal Emergency Management Agency, the U.S. "The library is a good central location so it makes sense for the community to have the center here". Survivors are encouraged to register with FEMA as soon as possible. (more...)
Broker Roundup For Royal Bank Of Scotland Group Plc (NYSE:RBS) Broker Roundup For Royal Bank Of Scotland Group Plc (NYSE:RBS)
- October 27, 2016

The company now has Return on Assets of -0.4 percent, Return on Equity of -7.1% and Return on Investment of 6.7 percent. They are Canada's largest bank as measured by assets and market capitalization, and one of North America's leading diversified financial services companies. (more...)
Clinton emphasizes early vote in Florida Clinton emphasizes early vote in Florida
- October 27, 2016

In addition to Wonder's vote, the singer also gifted Clinton with a rendition of his Hotter Than July track " Happy Birthday ". But the fun didn't stop there as the Democrat got an even BIGGER surprise when she was doing an interview on The Breakfast Club radio show, and Stevie Wonder stopped by! Another user wrote, "If this tweet doesn't go viral, there is no justice". (more...)
Arby's to sell venison sandwiches in 6 deer-hunting states Arby's to sell venison sandwiches in 6 deer-hunting states
- October 27, 2016

The venison will be sourced from deer raised on farms and which feed on fresh grass, Lynch said, according to USA Today . The introduction coincides with Arby's " It's Meats Season " campaign, which celebrates the start of hunting season and reinforces the Atlanta-based chain's meat-forward message and slogan, "We have the meats ". (more...)
Gas explosion rocks Portland shopping district, injuring 8
- October 27, 2016

Portland Fire & Rescue reported that there are no fatalities from the explosion. A powerful natural gas explosion that neighbors said felt like an quake rocked the busy a busy Portland , Oregon, shopping district and started a fire that sent a huge plume of smoke over the heart of the city. (more...)
Comprehensive Stock Analysis of: Synchrony Financial (NYSE:SYF)
- October 27, 2016

Historical Quarterly Earnings: Last quarter, Synchrony Financial generated almost $3.48B in sales and net income of $0.73/share. The Return on Equity (ROE) value stands at 17%. Finally, Chevy Chase Trust Holdings Inc. boosted its position in shares of Synchrony Financial by 6.9% in the second quarter. Independent Portfolio Consultants Inc. (more...)
Freeport-McMoran (FCX) Stock Up Despite Q3 Miss Freeport-McMoran (FCX) Stock Up Despite Q3 Miss
- October 27, 2016

Cowen and Company set a $15.00 target price on Freeport-McMoRan and gave the company a "buy" rating in a research report on Tuesday, September 13th. The profit breaks a streak of seven straight quarterly losses for Freeport-McMoRan, whose shares rose 5.4% to $10.72 in Tuesday morning trading. (more...)
Weybosset Research Management Lowers stake in Goodyear Tire & Rubber Co (GT)
- October 27, 2016

Goldman Sachs Group Inc. restated a "buy" rating and issued a $35.00 target price on shares of The Goodyear Tire & Rubber Co.in a research note on Saturday, October 8th. Acrospire Investment Management LLC boosted its stake in shares of Cooper Tire & Rubber Co by 34.6% in the second quarter. (NASDAQ:GT) announced a quarterly dividend on Thursday, September 15th. (more...)
Plains All American Pipeline L.P. (paa) Plans $0.55 Quarterly Dividend Plains All American Pipeline L.P. (paa) Plans $0.55 Quarterly Dividend
- October 27, 2016

The stock's 50 day moving average price is $30.31 and its 200-day moving average price is $27.26. Plains All American Pipeline L.P. had a net margin of 3.30% and a return on equity of 10.88%. Parametric Portfolio Associates LLC boosted its position in shares of Plains All American Pipeline L.P.by 1.7% in the second quarter. Following the completion of the sale, the executive vice president now directly owns 122,359 shares in the company, valued at $3,664,652.05. (more...)
Deutsche Bank makes 278 million euros, strengthens buffers Deutsche Bank makes 278 million euros, strengthens buffers
- October 27, 2016

The bank said the "tough interest rate environment" and "unsettling effect" of negotiations with USA authorities had been felt. Deutsche Bank AG on Thursday posted an unexpected profit and set aside more cash to cover litigation costs amid talks aimed at settling mortgage-securities probes with USA authorities. (more...)
Teva Pharmaceutical (NYSE:TEVA) Receives Neutral Rating From Mizuho Securities Analysts Teva Pharmaceutical (NYSE:TEVA) Receives Neutral Rating From Mizuho Securities Analysts
- October 27, 2016

The company had revenue of $5038.00 million for the quarter, compared to analysts expectations of $4880.16 million. The company now has a rating of Neutral on the shares. Shares were Reiterated by Mizuho on Aug 25, 2016 to "Buy" and Lowered the Price Target to $ 64 from a previous price target of $70.Shares were Reiterated by Mizuho on Aug 8, 2016 to "Buy" and Lowered the Price Target to $ 70 from a previous price target of $75. (more...)

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