Markets


What Brexit Woes? British Economy Grew More Than Expected In Q3 What Brexit Woes? British Economy Grew More Than Expected In Q3
- October 28, 2016

In addition, growth has been largely driven by the film, music and television industries. By contrast, industrial production, including manufacturing , and construction both contracted, down 0.4% and 1.4% respectively. "While there may be further uncertainty as the Brexit negotiations take place, it is good to see we enter this on a firmer economic footing than previously predicted". (more...)
Canadian National Railway Co Bottom Line Falls 4% In Q3 Canadian National Railway Co Bottom Line Falls 4% In Q3
- October 28, 2016

During the same period in the prior year, the firm posted $1.26 earnings per share. Analysts, on average, had expected earnings of C$1.22 per share on revenues of C$3.07 billion according to Thomson Reuters I/B/E/S. Several other brokerages have also commented on CNI. TD Securities reaffirmed a hold rating and set a $90.00 price objective on shares of Canadian National Railway in a research report on Saturday, October 8th. (more...)
Former Christie aide expected to return to witness stand
- October 28, 2016

Federal Courthouse in Newark, N.J. Baroni testified at his trial that it was Wildstein who told Christie of the traffic paralyzing Ft. In her third day on the witness stand, Kelly testified Tuesday that she did not have "the kind of power, or anything like that" that would have allowed her to order the September 2013 closure of traffic lanes on the George Washington Bridge as an act of political retaliation against the mayor of Fort Lee; he had declined to endorse Christie for reelection. (more...)
National Oilwell Varco (NOV) Q3 Loss Wider than Expected National Oilwell Varco (NOV) Q3 Loss Wider than Expected
- October 28, 2016

The Return on Equity (ROE) and Return on Investment values are -10.2 percent and -2.8 percent respectively. The firm's revenue was down 4.5% on a year-over-year basis. Bank of Nova Scotia increased its position in shares of National Oilwell Varco by 7.0% in the second quarter. Sei Investments Co. raised its stake in shares of National Oilwell Varco by 18.0% in the second quarter. (more...)
Brexit challenge: High Court in Belfast rejects legal case Brexit challenge: High Court in Belfast rejects legal case
- October 28, 2016

The decision in Belfast comes as a panel of three senior judges in London considers a similar case demanding a parliamentary vote before Mrs May invokes Article 50 of the Lisbon Treaty. "I believe what we are doing is correct". But Northern Ireland voted to Remain by a majority of 56% to 44%. Mr Raymond McCord, a campaigner for victims of the Northern Irish conflict who brought the case, said outside court that he was disappointed with the decision. (more...)
Halliburton Company (HAL.F) Updated Broker Price Targets
- October 28, 2016

The oilfield services company reported $0.01 earnings per share for the quarter, topping the consensus estimate of ($0.07) by $0.08. The Return on Equity (ROE) value stands at -47.1%. AMP Capital Investors Ltd increased its stake in Halliburton by 4.7% in the first quarter. Citizens Financial Group Inc RI boosted its stake in Halliburton by 33.4% in the second quarter. (more...)
Investor Alert: Simon Property Group, Inc Investor Alert: Simon Property Group, Inc
- October 28, 2016

Arcadia Investment Management Corp MI now owns 505 shares of the real estate investment trust's stock worth $110,000 after buying an additional 425 shares during the period. Shareholders of record on Wednesday, November 16th will be paid a $1.65 dividend. Simon Property now has a Zacks Rank #3 (Hold). (SPG) surpassed the third-quarter expectations of several analysts, according to press releases. (more...)
A self-driving truck just delivered beer in Colorado
- October 28, 2016

Unlike Tesla's all-encompassing Autopilot technology, Otto is focusing on the basics of autonomous highway driving - like smoothing out acceleration and braking transitions while on the long straight road. "We can see a future where this type of equipment is standard on all trucks", said James Sembrot, Anheuser-Busch's senior director of logistics strategy, who said the company logs 450 million miles on USA highways annually. (more...)
Marietta Fire Department Offers Halloween Safety Tips to Keep Your Family Safe Marietta Fire Department Offers Halloween Safety Tips to Keep Your Family Safe
- October 28, 2016

According to data from the National Fire Protection Association (NFPA), decorations are the first thing to ignite in 900 reported home fires each year. If you want to use real candles, be extremely careful. When lighting candles inside jack-o-lanterns, use long fireplace-style matches or a utility lighter. (more...)
BT Group -2.4% despite fiscal Q2 beat, raised dividend BT Group -2.4% despite fiscal Q2 beat, raised dividend
- October 28, 2016

EE generated revenue of £1.28 billion during the quarter. "People will give up vegetables before they will give up broadband". And it's now looking for 100 permanent members of staff in areas including procurement, design and delivery and technology services. (more...)
Woolworths sales edge up on heavy discounting Woolworths sales edge up on heavy discounting
- October 28, 2016

It's the first rise in comparable sales since the second quarter of 2014/15, although fierce rival Coles was still growing comparable food sales faster pace - at 1.7 per cent in the first quarter. The group, which also owns BWS and Dan Murphy's, reported a 3.8 per cent lift in liquor sales to $1.97 billion, with comparable sales up 1.8 per cent. (more...)
Youngest American voters back Hillary Clinton for presidency Youngest American voters back Hillary Clinton for presidency
- October 28, 2016

As young women in the U.S. search for idols and for change the Democratic campaign has attempted to fill the void. Republican presidential candidate Donald Trump arrives to speak to a campaign rally, Thursday, Oct. Among Republicans , 23 percent said Trump would be great, 35 percent said he would be good and 20 percent said he would be an average president. It's a slight difference from last week's projection, which showed Clinton with a 278-to-181 edge in the same categories. (more...)
Trump hits 'corrupt' Hillary Clinton; Mrs. Obama hugs her Trump hits 'corrupt' Hillary Clinton; Mrs. Obama hugs her
- October 28, 2016

In a statement to CNN's KFile, Trump's senior communications adviser Jason Miller said, "Mr. Trump has been consistently anti-war and never wanted to he in Iraq, which is a clear contrast from Hillary Clinton who voted for and advocated our doing so". (more...)
Valero Energy Corporation 5.6% Potential Upside Now Implied by Scotia Howard Weil Valero Energy Corporation 5.6% Potential Upside Now Implied by Scotia Howard Weil
- October 28, 2016

Scotiabank now has a $62.00 target price on the stock, up from their prior target price of $58.00. The company has mean EPS estimate of 0.81 reported by 17 number of analyst for the quarter ending Oct 26, 2016- Oct 31, 2016. The difference between the expected and actual EPS was $0.25/share, which represents an Earnings surprise of 131.6%. The mean revenue estimate for the ongoing quarter ending Sep 16 is $5.51B by 18 analysts. (more...)
Notable Stock Analysts Ratings: Mylan N.V. (NASDAQ:MYL)
- October 28, 2016

EPS in next five year years is expected to touch 13.04% while EPS growth in past 5 year was 20.20% along with sales growth of 11.60% in the last five years. (TBPH) ("Theravance Biopharma") and Mylan N.V. (NASDAQ, TASE: MYL) ("Mylan") declared positive results from two replicate Phase 3 efficacy studies of revefenacin (TD-4208), an investigational long-acting muscarinic antagonist (LAMA) and the first once-daily, nebulized bronchodilator in development for the treatment of chronic obstructive ... (more...)
United Kingdom government approves Heathrow Airport expansion
- October 28, 2016

Speaking to the Standard following a Cabinet meeting, she said: "After decades of delay we are showing that we will take the big decisions when they're the right decisions for Britain, and we will ensure they're right for ordinary working people too". (more...)
Despite surging cloud business, Amazon's profits miss forecasts
- October 28, 2016

Shares were falling in after-hours trading by more than 6 percent. That profit fell well below analysts' averaged EPS expectations of $.78 on revenue of $32.69 billion. The company anticipates revenues of $42 billion to $45.5 billion. The business segment does, however continue to draw in enough operating profit to more-than-counter worldwide declines, confirming this unit is a strategic part of Amazon's long-term profitability and sustainability. (more...)
UK Q3 GDP beats estimates rises 05 percent on strong services sector
- October 28, 2016

The ONS said the pattern of growth continues to be broadly unaffected following the European Union referendum with a strong performance in the services industries offsetting falls in other industrial groups. Conservative MP and Treasury committee member Steve Baker , who was a prominent campaigner for Brexit, said the ONS figures disproved those who had warned of an economic shock should the country vote to leave. (more...)
BA owner IAG's profits dented by weak pound BA owner IAG's profits dented by weak pound
- October 28, 2016

Operating profits before exceptional items came in shy of expectations, falling 3.6% to 1.205 billion euro (£1.08 billion) in the third quarter, down from 1.250 billion euro (£1.12 billion) over the same period a year ago. Chief executive Willie Walsh said: "The group experienced weak trading conditions in June leading up to and following the vote, with an emphasis in premium cabins. (more...)
Uber's First Self-Driving Truck Delivery Was 50000 Cans of Beer
- October 28, 2016

The company's professional driver, in fact, spent the entire 120-mile ride monitoring its progress in the back of the cab. The driver did the driving until the truck was on the highway. James Sembrot, Sr. Director, Logistics Strategy at Anheuser-Busch, said that the company is always looking for new innovation and technology in transportation. (more...)

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