Markets


U.S. Government Bond Prices Rise to End Tough Month U.S. Government Bond Prices Rise to End Tough Month
- November 01, 2016

The unemployment rate is 5 percent, typical of a healthy economy, down from 10 percent in 2009. Wages are up significantly for African Americans , and unemployment is down in presidential swing states , where restructuring in manufacturing has often killed jobs. (more...)
BOJ keeps policy steady, cuts price forecast BOJ keeps policy steady, cuts price forecast
- November 01, 2016

The bank did not alter monetary policy Tuesday, including its massive asset-purchase programme worth around 80 trillion yen ($763 billion) annually. The Japanese fiscal year ends in March. At the last meeting, the BOJ chose to shift its policy target to the yield curve instead of quantitative easing, aiming to prepare for a long-term battle to realize 2 percent inflation. (more...)
Chemung Canal Trust Co Lowers stake in Apple (AAPL)
- November 01, 2016

AAPL has been the subject of several other research reports. The stock's price fluctuated within the range of $104.61 - $115.21 during previous trading session. The consensus mean EPS for the current quarter is at $3.23 derived from a total of 37 estimates. With 2017 being the 10-year anniversary of the iPhone, Credit Suisse's Kulbinder Garcha said he is confident that the iPhone 8's performance will give the company around 250 million units sale by 2018. (more...)
North Korea missile launch fails North Korea missile launch fails
- November 01, 2016

In the annual Security Consultative Meeting (SCM) held in Washington , Defence Secretary Ash Carter reaffirmed the extended deterrence protection by the USA of its key Asian ally, as the North continues to ramp up its provocative acts. Japan condemned the launch and said it would make a formal protest to the North through its embassy in Beijing. Less than a week after North Korea's unsuccessful missile test , the Hermit Kingdom conducted another ballistic missile test. (more...)
Imran performs press-ups in show of strength ahead of 'lockdown'
- November 01, 2016

The clashes took place on a highway more than 30 miles (around 50 km) outside Islamabad , where police had set up roadblocks in an effort to stop demonstrators from reaching the city. Meanwhile, security has been boosted in Islamabad as law enforcement personnel brace themselves for confronting PTI supporters flocking to the capital. (more...)
Inherited Unprofitable Businesses, Faced Constant Interference: Cyrus Mistry Fires Back In Letter
- November 01, 2016

Defending his record, Mistry said he inherited a debt-laden enterprise saddled with losses. Mistry has also overseen a costly battle with NTT DoCoMo, resulting in a ruling from the global arbitration court earlier this year that Tata should pay the Japanese telco $1.17 billion for breach of contract. (more...)
China shows off its new stealth fighter in public for first time China shows off its new stealth fighter in public for first time
- November 01, 2016

China's only global aerospace exhibition, held biennially in the southern city of Zhuhai, this year boasts its largest-ever display of military hardware and aircraft, with 11 exhibition halls, 430,000 square meters of indoor and outdoor viewing area, and 151 aircraft from 700 exhibitors from 42 countries and regions. (more...)
15 dead, 18 trapped after China coal mine blast 15 dead, 18 trapped after China coal mine blast
- November 01, 2016

Two miners managed to escape, Xinhua reported, and 18 remain unaccounted for. The local coal mine inspection bureau has called for all coal mines in the region to stop production and carry out safety checks. At least one miner died in that accident. China's mines are known for being among the world's most risky. China, the country with the world's largest coal mining industry, launched a series of plans to improve safety in its mines, including the closing of more than 1,000 outdated ones. (more...)
Ford, Unifor deal still uncertain with strike deadline looming Ford, Unifor deal still uncertain with strike deadline looming
- November 01, 2016

As well, the talks were bogged down in local issues, she added. Unifor spokeswoman Denise Hammond said the automaker had proposed a new class of temporary full-time workers with a lower starting wage and concessions on a healthcare plan, while the union pushed for an agreement that followed the pattern established in earlier talks with General Motors Co. (more...)
Tesla Unveils Solar Roof That Looks Better Than Your Neighbor's Regular Roof Tesla Unveils Solar Roof That Looks Better Than Your Neighbor's Regular Roof
- November 01, 2016

So instead of a solar array bolted to an existing roof made of composite shingles of ceramic tiles, the roofing materials and solar panels would be one and the same. They're meant to power a home when integrated with Tesla's Powerwall, energy storage units for homes that are mounted on the wall or kept on the ground. (more...)
Oct. PMI expands fastest in over 2 years Oct. PMI expands fastest in over 2 years
- November 01, 2016

A Reuters poll of 26 analysts had forecast a figure of 50.4, unchanged from August and September readings. Manufacturers also added new jobs at the strongest pace since April 2014, after marginal job creation over the summer, the survey showed. (more...)
Pakistani police detain 1500 in crackdown on opposition
- November 01, 2016

Police and protesters continued to clash in and around Islamabad on Monday as the country's second-largest opposition party insisted it will push ahead with plans to "lock down" the Pakistani capital next week. Earlier today, Imran Khan said that he has talked to the judge and will not go to the court. Khan has given to options to Prime Minister Sharif either to resign or present himself for accountability for having off-shore holdings revealed in the Panama Papers. (more...)
Withdrawal from International Criminal Court could send 'wrong message' - United Nations chief Withdrawal from International Criminal Court could send 'wrong message' - United Nations chief
- November 01, 2016

South Africa has chose to withdraw from the International Criminal Court following a dispute over the visit by al-Bashir, who is wanted by the tribunal for alleged war crimes, crimes against humanity and genocide. "I regret these steps, which could send a wrong message on these countries commitment to justice". But many African leaders say the ICC unfairly targets them. (more...)
Hollande vows to clear out Paris migrant camp
- November 01, 2016

After years of serving as an unauthorised base camp for refugees trying to get to Britain, the "Jungle" at Calais was finally bulldozed this week and over 6,000 refugees from the ramshackle camp near the English channel were relocated to shelters around France . (more...)
Cyber attacks bring websites down on the US East Coast
- November 01, 2016

The DDoS attack against Dyn's domain name system infrastructure resulted in several websites also going offline in South Africa, including PayPal, Twitter, Sony PlayStation Network, and eBay. A ... DDoS , is not an uncommon attack on the web... "The complexity of the attacks is what's making it very challenging for us", said Dyn's chief strategy officer, Kyle York. (more...)
Open enrollment for health insurance begins Tuesday Open enrollment for health insurance begins Tuesday
- November 01, 2016

Premiums in ACA plans are expected to go up by an average of 25 percent nationwide. It's so bad even the nerds at Vox dot com have given up trying to defend the law. CSRs are only available with silver plans. Gold and platinum plans have lower cost-sharing - meaning the plan pays more and you pay less - but have higher monthly premiums. (more...)
NXP Semiconductors NV (NXPI) Downgraded by Raymond James Financial Inc NXP Semiconductors NV (NXPI) Downgraded by Raymond James Financial Inc
- November 01, 2016

Stifel Nicolaus downgraded NXP Semiconductors NV from a buy rating to a hold rating in a research report on Saturday. AlphaValue cut NXP Semiconductors NV to a buy rating in a report on Friday, September 30th. Citizens Financial Group Inc RI increased its stake in shares of NXP Semiconductors NV by 42.8% in the first quarter. Synovus Financial Corp now owns 1,220 shares of the semiconductor provider's stock worth $124,000 after buying an additional 1,200 shares during the last quarter. (more...)
Why Zimmer Biomet Is Stumbling 13.7% Today Why Zimmer Biomet Is Stumbling 13.7% Today
- November 01, 2016

The stock has a market capitalization of $21.35 billion, a price-to-earnings ratio of 97.502 and a beta of 0.95. The stock of Zimmer Biomet Holdings Inc (NYSE: ZBH ) has "Buy" rating given on Friday, January 29 by Needham. The company had revenue of $1934.00 million for the quarter, compared to analysts expectations of $1898.18 million. For the next 5 years, Zimmer Biomet Holdings, Inc .is expecting Growth of 11.17% per annum, whereas in the past 5 years the growth was 10.56% per annum. (more...)
Pakistan opposition party says more of its workers arrested, cancels rally Pakistan opposition party says more of its workers arrested, cancels rally
- November 01, 2016

Police have arrested hundreds of supporters of Imran Khan as the cricketer-turned-politician prepares for a mass anti-government protest in Islamabad on Wednesday. Reiterating his plans to put up a show of strength in Islamabad on November 2nd to seek accountability of the Prime Minister, Imran Khan on Saturday said Nawaz Sharif's government resembles dictatorship and not a democracy. (more...)
Debenhams Plc (DEB) Stock Rating Reaffirmed by JPMorgan Chase & Co
- October 31, 2016

Several other research firms have also commented on CAU. Finally, Numis Securities Ltd reaffirmed a "hold" rating and issued a GBX 750 ($9.14) price objective on shares of Inchcape plc in a research note on Friday, July 29th. The ex-dividend date of this dividend is Thursday, October 6th. Inchcape plc is a United Kingdom-based automotive distributor and retailer. The Marketing segment includes all of the Company's brands that serve the Marketing and Creative professions, including ... (more...)

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