Markets


Just cancel the election and declare me victor: Donald Trump Just cancel the election and declare me victor: Donald Trump
- October 30, 2016

The report had bolstered Clinton, who has positioned herself as the best candidate to continue years of economic expansion under Democratic President Barack Obama. That's well below the $2 million he'd given in previous months. On Sunday, the same poll showed the former Secretary of State with a whopping 12-point lead over the NY businessman. (more...)
State Attorney General Launches Wells Fargo Investigation State Attorney General Launches Wells Fargo Investigation
- October 30, 2016

Stumpf resigned as CEO and chairman of Wells Fargo after it was found that upward of 2 million bank accounts were allegedly opened by thousands of employees to meet aggressive sales targets . Wells Fargo & Co.is cooperating with an inquiry by California officials into fake accounts opened in customers' names without their authorization, the banking giant said Wednesday. (more...)
Oil prices highest in a year
- October 30, 2016

The Organization of the Petroleum Exporting Countries (Opec) plans to implement a 500,000 to 1 million barrels per day production cut after a meeting on Nov 30. "We shorted WTI this morning at $US51", said Phil Davis, trader at PSW Investments in Woodland Park, New Jersey. World oil prices rose on October 19 supported by a drop in USA crude inventories and declining production in China. (more...)
Alphabet Googles its way to a revenue boost Alphabet Googles its way to a revenue boost
- October 30, 2016

The most anticipated stats analysts look for in Alphabet's earnings release revolve around advertising, as it still accounts for roughly 90% of their revenue. One area to that investors and analysts paid especially close attention to this time around: Alphabet's other bets, a business segment that includes both Nest and Google Fiber. (more...)
Nissan in UK: 'No cheque book' involved, says minister Nissan in UK: 'No cheque book' involved, says minister
- October 30, 2016

Asked whether Nissan had received written assurances from the government on what would happen if tariffs were imposed in the future, he said: "There's nothing, there's no special deal for Nissan ". He declined to comment on whether the industry had been promised lower energy costs. However, now the deal is signed, there is much chatter about whether or not the government was forced to make big promises to the Japanese firm and its Chief Executive Carlos Ghosn to ensure that the models are ... (more...)
Accused Univ. of Wisconsin serial rapist had been reported to campus police
- October 30, 2016

She recalled feeling fuzzy after drinking something he'd offered her and says they had vaginal intercourse despite her saying "no". Their complaints led to the misdemeanor count of fourth-degree sexual assault. Another woman told police on Monday that she met Cook during a psychology class experiment. I realized he was bigger and stronger. She described forceful kissing and touching that she believed she stopped by faking an orgasm. (more...)
Michigan State motivated to spoil No. 2 Michigan's season
- October 30, 2016

The Spartans didn't need to be flawless, just better in crucial situations. Dantonio often has to answer Jim Harbaugh-related questions, but insisted Michigan's coach does not consume his thoughts or provide an obstacle he can't overcome in recruiting. (more...)
Modest gain seen for Obama's last health care sign-up season
- October 30, 2016

But the Obamacare exchanges are still not attracting enough young, healthy and higher-income individuals who could help spread the health-care costs of the sickest over a bigger group. Molina Healthcare, the largest provider of individual insurance on HealthCare.gov in New Mexico, received an average increase of 24 percent; New Mexico Health Connections is increasing rates 33 percent; Christus St. (more...)
Daily Ratings & News for General Motors Co Daily Ratings & News for General Motors Co
- October 30, 2016

General Motors had a net margin of 8.58% and a return on equity of 23.22%. Analysts projected the minimum sales estimate of $36,748.00M and some analysts told that the stock may achieve maximum sales of $42,441.00M. Kovitz Investment Group Partners LLC bought a new stake in General Motors during the first quarter valued at approximately $56,200,000. Acadian Asset Management LLC now owns 28,095 shares of the auto manufacturer's stock valued at $795,000 after buying an additional 1,722 shares in ... (more...)
Energy Transfer Equity, L.P. (NYSE:ETE) Assigned A Consensus Outperform Rating Energy Transfer Equity, L.P. (NYSE:ETE) Assigned A Consensus Outperform Rating
- October 30, 2016

The stock's market capitalization is 397.94M. The stock is now holding below its 50-day SMA of $16.51 and above its 200-day SMA of $14.95. Columbus Hill Capital Management L.P. They issued an "equal weight" rating and a $48.00 price objective for the company. 04/22/2016 - NGL ENERGY PARTNERS LP was upgraded to "neutral" by analysts at Bank of America Merrill Lynch. (more...)
Pot farmers worry legalization could end their way of life
- October 30, 2016

But if more states legalize, it will make it harder to enforce that ban, experts say. The ballot would allow anyone over 21 to possess one ounce of Marijuana and grow up to six plants in their home, with a 15 percent tax on any sales. "There hasn't been any public health crisis or safety issue". Take a look at who's supporting Prop. 64, who's fighting it and some of the key reasons they're giving for their positions. (more...)
Law Enforcement Evicts Dakota Access Pipeline Protesters From Private Land
- October 30, 2016

But authorities dispute that, saying the spotty nature of cellphone coverage in the remote area is to blame. Some of the protesters set fire to roadblocks and threw rocks, bottles and Molotov cocktails at the law enforcement officers, the local Morton County Sheriff's Department said. (more...)
All hail the mighty uncle - Chinese welcome Xi as the "core"
- October 30, 2016

Senior officials stressed the importance of collective leadership and added that the system should not be violated by any organization or individual for any reason. Xi himself addressed this on a visit to the United States previous year, saying China's fight against entrenched corruption was not a "House of Cards"-style power struggle". (more...)
Cyrus Mistry says his removal as Tata Group chairman was 'unprecedented'
- October 30, 2016

However, the TV channel has said that it has not independently verified the authenticity of Mistry's letter. However, the Press Trust of India reported that Tata Sons has already filed a caveat in the high court. "This will be for a short time". He asked them to focus on their respective businesses, without being concerned about change in leadership. "Mr Tata and Mr Mistry used to meet and talk but somehow the concerns (of the Trusts) did not get adequately addressed", Mehta told NDTV . (more...)
British American Tobacco, to become the largest tobacco company in the world
- October 30, 2016

BAT said the deal would create the world's largest listed tobacco company by net sales and operating profit, combining its Dunhill, Lucky Strike, and Pall Mall brands with Reynolds's Camel and Newport cigarettes. It already owns about 42 percent of Reynolds but says it's willing to shell out $47 billion to buy the remaining 58 percent. The takeover would give BAT a leading position in the high-value United States market and more premium brands such as Camel which it can sell in countries ... (more...)
Alphabet (GOOGL) Q3 Earnings: Google Revenues at $22 Billion
- October 30, 2016

Google CEO Sundar Pichai runs the advertising business that has helped boost earnings of parent company Alphabet, which had a big third quarter . On Tuesday, the head of Alphabet's high-speed internet business, Google Fiber , stepped down as the service said it would lay off 9% of staff and suspended plans in 11 cities. (more...)
Kinder Morgan, Inc. (NYSE:KMI)
- October 30, 2016

Kinder Morgan, Inc . (NYSE:KMI) reported its previous quarter on 10/19/2016 where it reported the Actual Earnings of $0.15. Earnings Surprise: According to the earnings report released for Quarter Ending Sep-16, The Company posted actual earnings of $0.15 per share whereas the Analysts projected earnings were $0.15 per share. (more...)
AT&T-Time Warner deal sparks calls for scrutiny in Washington AT&T-Time Warner deal sparks calls for scrutiny in Washington
- October 30, 2016

Jeff Bewkes, the Time Warner CEO who will stay with the company for an undefined transition period, added that more money will help fund production of additional programming and films. AT&T , which has a market value of about $238bn, has already made moves to turn itself into a media powerhouse, buying satellite TV provider DirecTV previous year for $48.5bn. (more...)
United Kingdom economy grows 0.5% in three months after Brexit vote United Kingdom economy grows 0.5% in three months after Brexit vote
- October 30, 2016

Former British prime minister Tony Blair has come under fire for calling on Britons to "mobilize" against Brexit. "The fundamentals of the United Kingdom economy are strong", said the chancellor of the exchequer, or finance minister, Philip Hammond after the data were released. (more...)
United States election: Federal Bureau of Investigation probe into Clinton emails - what we know United States election: Federal Bureau of Investigation probe into Clinton emails - what we know
- October 30, 2016

Comey has said there are no easy decisions on timing in the case. The official said the Justice Department had warned the Federal Bureau of Investigation that the letter was inconsistent with department policy meant to avoid the appearance of prosecutorial influence in elections. (more...)

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