Markets


European Central Bank holds fire on its monetary stimulus European Central Bank holds fire on its monetary stimulus
- October 28, 2016

Draghi said. The decision to keep policy unchanged, which was widely anticipated across financial markets, came at a meeting of the bank's 25 member governing council at its headquarters in Frankfurt, Germany. The euro fell to a four-month low against the USA dollar on Thursday and the USA dollar index rose to a seven-month high after the European Central Bank kept the door open to more stimulus in December. (more...)
Titans end home woes, roll to 36-22 victory over Jaguars
- October 28, 2016

Ramsey and defensive end Dante Fowler Jr . both were penalized for unsportsmanlike conduct in the first half against the Titans. The Jaguars started the season 0-3 but then beat Indianapolis in London and rallied to win at Chicago. Any hopes of the Jags competing for the AFC South title would be seemingly dashed by a devastating loss in Week 8. They're not what he expects, not what the team needs and not what the fans want. (more...)
Trump, Clinton view his business career much differently
- October 28, 2016

A few days ago, ABC News reported a twelve-point lead for Hillary Clinton in their tracking poll, but ... it didn't last long. When third-party candidates are included, Trump picks up 1 point with independents while Clinton drops to 37 per cent, with Libertarian Gary Johnson taking 9 per cent and the Green Party's Jill Stein getting 5 per cent. (more...)
Emotional First Lady campaigns with Clinton Emotional First Lady campaigns with Clinton
- October 28, 2016

A nation where we each have something very special to contribute and where we are always stronger together". Several said Mrs. Obama "energized" people. "We know the influence our president has on our children", she told a crowd of 11,000 packed into the arena at North Carolina's Wake Forest University. (more...)
Dollar, bond yields rise on enhanced Fed rate hike prospects Dollar, bond yields rise on enhanced Fed rate hike prospects
- October 28, 2016

US government yields were fueled further by upbeat jobless claims data, and were last at 1.85 percent. The dollar added 0.1 percent to 104.61 yen, moving back toward this week's high of 104.87 yen touched on Tuesday, its highest level since late July. (more...)
Cliffs Natural Resources -17% after big Q3 miss Cliffs Natural Resources -17% after big Q3 miss
- October 28, 2016

As per Friday, June 10, the company rating was upgraded by Macquarie Research. Taylor Douglas C sold $27.56 million worth of Cliffs Natural Resources Inc (NYSE:CLF) on Wednesday, May 4. There were earnings of $0.08 per share. Jnba Fin Advsrs accumulated 397 shares or 0% of the stock. Aperio Grp Inc Ltd holds 22,204 shares or 0% of its portfolio. (more...)
$85 billion merger of AT&T, Time Warner to come under federal scrutiny
- October 28, 2016

Trump's comments anticipated The Wall Street Journal's report several hours later that the two companies had come to an agreement for AT&T to purchase Time Warner . Wireless giant AT&T is looking to aquire Time Warner. Which sounds like Stephenson is not that keen on letting Google and Apple get their hands on Time Warner content. (more...)
Hillary Clinton, Donald Trump in dead heat in Georgia, Iowa
- October 28, 2016

Trump was right. He has brought millions of new voters to the polls . The IBD/TIPP poll, which is said to have made the most accurate prediction in the 2012 elections, said that Trump (41.2 per cent) is trailing by just 0.6 points against Clinton (41.8 per cent). (more...)
Snapchat IPO Might Value It At $35 Billion Snapchat IPO Might Value It At $35 Billion
- October 28, 2016

After its last round of funding, Snapchat had a private market value of $18 billion but that could soon double with its IPO set for March 2017. One of the people even suggested that the size could be raised to value the company at $40 billion. (more...)
Twitter Laying Off 9% Of Workforce After Failing To Sell Itself Twitter Laying Off 9% Of Workforce After Failing To Sell Itself
- October 28, 2016

The restructuring "is meant to create greater focus and efficiency to enable Twitter's goal of driving toward (net) profitability in 2017", the company said. Last week, Salesforce.com CEO Marc Benioff confirmed it was backing away from a deal because "it wasn't the right fit for us". Twitter has increased its audience by 15 million monthly users since the end of 2014, bringing its reach in June to 313 million people. (more...)
Tata Sons' rebuttal blames all back on ousted chairman Cyrus Mistry
- October 28, 2016

In an explosive communication to Tata Sons board members, Mistry levelled a series of allegations against Ratan Tata and contended that he was pushed into a position of "lame duck" chairman, and changes in the decision-making process created alternative power centres in the Tata group. (more...)
Brakes worked on train in deadly NJ crash
- October 28, 2016

According to the National Transportation Safety Board, the throttle on the train went from idle to the fourth position, about half-power, 38 seconds before impact, and the speed increased to 21 miles per hour. The conductor did not report any unusual behavior and said preparations for that morning's departure were normal. In fact, he said it was so crowded he couldn't go around and collect fares. (more...)
Steel Dynamics Inc. (NASDAQ:STLD) Insiders Look Pessimistic About Prospects Steel Dynamics Inc. (NASDAQ:STLD) Insiders Look Pessimistic About Prospects
- October 28, 2016

Steel Dynamics Inc . has 52-Week high of $28.01 and 52-Week Low of $15.32. Steel Dynamics Inc . (NASDAQ:STLD) went up 1.53% during trading on 10/26/2016, closing at $26.58. The mean price target for the equity is at $26.00 while the highest price target suggested by the brokerage firms is $38.00 and low price target is $21.00. (more...)
Trump spends precious campaign time promoting his businesses Trump spends precious campaign time promoting his businesses
- October 28, 2016

His presidential dreams increasingly in question, Donald Trump pushed his business empire to the center of his political campaign Wednesday. He summed up the project with only a few words: "under budget and ahead of schedule". Trump and Andres are now locked in litigation over that decision. Asked after the event why he was in Washington instead of campaigning in a battleground state, Trump told CNN it was "a very rude question" and said he worked hard on the trail every day. (more...)
Gender pay gap falls to 20-year low Gender pay gap falls to 20-year low
- October 28, 2016

The growth in people's pay packets this year matches that of 2013, making it one of the strongest years for United Kingdom salary growth since the financial crisis. This means helping mums get back into well-paid jobs after they have kids. This week Chwarae Teg held an alternative careers event called #NotJustForBoys in Abergavenny to challenge attitudes and encourage more women and girls to explore the exciting career opportunities available in STEM sectors. (more...)
Average US 30-year mortgage rate eases to 3.47 percent Average US 30-year mortgage rate eases to 3.47 percent
- October 28, 2016

In this case, mortgage rates might move in the same direction as the federal funds rate - upward toward the end of the year. The benchmark rate is down from 3.76 percent a year ago and close to its all-time low of 3.31 percent in November 2012. (more...)
Manchester City manager Guardiola losing patience with Kompany Manchester City manager Guardiola losing patience with Kompany
- October 28, 2016

Speaking at a press conference, Guardiola said: "I want to be clear again". "We want the best performance possible at Old Trafford, and I am trying to prepare the team to win the game". The City manager cut an exasperated figure on the touchline at Old Trafford when he watched Kompany kicking the ball long on occasions and attempting to play overly adventurous passes that failed to reach their intended targets. (more...)
Guardiola reflects on his record winless streak as the going gets tough Guardiola reflects on his record winless streak as the going gets tough
- October 28, 2016

Pep Guardiola, the Manchester City manager, reacts as his team's winless run continued with a loss to Manchester United. With the summer transfer window closed, managers are now planning ahead to try and strengthen their squads this winter so we'll bring you all the latest gossip from around the globe. (more...)
Escorts Q2 net profit jumps over threefold to Rs 31 crore Escorts Q2 net profit jumps over threefold to Rs 31 crore
- October 28, 2016

The net profit grew by one per cent to Rs 253 crore for the second quarter (Q2) of the current fiscal from Rs 250 crore reported for the corresponding period of past year. "Previous period include exceptional revenues and profits which was primarily on account of the launch of a new product in U.S. market, which had limited competition", the company said. (more...)
Waste Management (WM) Releases Earnings Results, Beats Expectations By $0.04 EPS Waste Management (WM) Releases Earnings Results, Beats Expectations By $0.04 EPS
- October 28, 2016

The company has a market cap of $27.68 billion, a PE ratio of 24.45 and a beta of 0.62. Revenues for the reported quarter increased to $3,548 million from $3,360 million in the year-ago quarter. Finally, Vestor Capital LLC raised its position in Waste Management by 0.3% in the second quarter. With strong yield, volume, and cost performance, the company revised its 2016 adjusted earnings guidance to $2.91 per share, up from the earlier range of $2.83 and $2.86. (more...)

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