Markets


Noteworthy Analysts Suggestions: Nokia Corporation (NYSE:NOK) , Evolent Health, Inc (NYSE:EVH)
- November 01, 2016

BMO Capital Markets reaffirmed a "buy" rating and issued a $7.00 target price on shares of Nokia Corp.in a research report on Wednesday, August 3rd. The stock of Nokia Corp (ADR) (NYSE:NOK) earned "Neutral" rating by BNP Paribas on Friday, October 28. (more...)
Gannett gives up on Tronc
- November 01, 2016

Tronc Inc.at one point attempted to fend off Gannett by bringing in California entrepreneur Dr. Patrick Soon-Shiong as an investor. An expanded version of this report appears at WSJ.com . Tronc is scheduled to release quarterly earnings Tuesday. Concluded the company: "The board and management team of Tronc remain committed to taking the necessary steps to transform its business in response to the massive changes that have overtaken the publishing industry, supporting the company's ... (more...)
Mobile CEO John Legere Speaks Out on AT&T, Time Warner Deal Mobile CEO John Legere Speaks Out on AT&T, Time Warner Deal
- November 01, 2016

For example, it could exclusively offer Time Warner content to AT&T subscribers, or make all other content besides Time Warner's more expensive for users, Fortune's David Z. Skeptics fear that customers of other telecom companies would have to pay more for the same content. Our goal is to solve that. " Time Warner has a lot of content properties and content certainly hasn't helped Sony or Verizon, so I wonder if the execs at AT&T are trying to cover up [that] they don't really ... (more...)
Iraqi Forces Enter Mosul City Limits, IS Fires Missiles
- November 01, 2016

A CNN team near Gogjali said they could see smoke rising on Mosul's perimeter from oil trenches being set alight to obscure warplanes from striking ISIS targets and to deter troops from entering. The breakthrough comes two weeks after a coalition of Iraqi and Kurdish forces, backed Shi'ite militia and USA airstrikes, launched the largest military operation in the country since 2003 to clear the city of IS fighters. (more...)
Belgians reach deal on European Union-Canada free trade agreement
- November 01, 2016

But both stopped short of declaring the Comprehensive Economic and Trade Agreement (CETA), a done deal. "If it materialises, it's excellent news", he said during a visit to Paris, adding he was "cautiously optimistic". The other 27 European Union nations support the deal, the bloc's first commercial accord with a fellow member of the Group of Seven industrialized countries. (more...)
Qualcomm bags Dutch NXP in semiconductors mega deal Qualcomm bags Dutch NXP in semiconductors mega deal
- November 01, 2016

NXP is the leading player in the fast-growing automotive computer chip market. During an interview, Mollenkopf revealed Qualcomm's reasoning behind the deal, saying: "It's no secret that we've been looking around". According to the unanimous agreement published Thursday, Qualcomm will offer NXP a $110 per share cash deal, 11.5 percent above Wednesday's market close, the United States company said in a statement . (more...)
AbbVie Inc. (ABBV) Releases FY16 Earnings Guidance AbbVie Inc. (ABBV) Releases FY16 Earnings Guidance
- November 01, 2016

Shares of AbbVie ( ABBV ) were lower in early-morning trading on Monday after Credit Suisse cut its rating on the stock to "neutral" from "outperform". The ex-dividend date of this dividend is Wednesday, January 11th. (NYSE:ABBV) is performing -2.2%. AbbVie's dividend payout ratio (DPR) is now 61.62%. (more...)
The Oakland Raiders set the National Football League record for penalties on Sunday
- November 01, 2016

He finished the game 40-of-59 passing for 513 yards and four touchdowns with no interceptions. The Raiders are 6-2 on the season right now and it is because of the performance from Musgrave's offense. "He's very confident. He's got some weapons that he's utilizing". Another rookie, defensive end Noah Spence , sacked Carr to force a fumble, and the Bucs converted the turnover with a 19-yard touchdown from Jameis Winston to Russell Shepard. (more...)
Standard Chartered Q3 income falters, fresh compliance trouble ahead
- November 01, 2016

Rivals more focused on the United States and Europe have reaped huge trading profits and although StanChart's third quarter underlying pretax profits were $458 million compared with a $139 mln loss a year ago, this failed to offset investor disappointment with the fall in income. (more...)
HMRC chasing £1.9bn unpaid tax from richest people HMRC chasing £1.9bn unpaid tax from richest people
- November 01, 2016

A report by the National Audit Office (NAO) into the tax authority's handling of "high net worth individuals" found that question marks over the financial affairs of such individuals were practically routine. High net worth individuals [1] often have complex tax affairs and they generally have more choice over how they manage their income and assets than the average taxpayer. (more...)
Virgin Money selects 10x Future Technologies for digital banking platform Virgin Money selects 10x Future Technologies for digital banking platform
- November 01, 2016

Newcastle-based Virgin Money said the gross mortgage lending market share was calculated based on Bank of England data. Gadhia said the bank had a robust mortgage pipeline at the start of its final quarter and it was on track to end the year with "solid" double digit returns. (more...)
Leahy on new FBI investigation into Clinton's emails
- November 01, 2016

In February 2013, Abedin signed a routine State Department document under penalty of perjury in which she promised to "turn over all classified or administratively controlled documents and materials" before she left her government job, and promised that she was not retaining copies, "including any diaries, memorandums of conversation or other documents of a personal nature". (more...)
Japanese Shipping Companies to Merge Container Operations Japanese Shipping Companies to Merge Container Operations
- November 01, 2016

The three companies added they would also merge their terminal management businesses outside Japan. Shares in the companies - whose combined fleet of over 2,000 vessels includes tankers, dry-cargo carriers and container ships - jumped nearly 10 percent after news that their presidents would hold a news conference at 0200 GMT. (more...)
Clinton Leads Trump by 7 Points in Pennsylvania
- November 01, 2016

With joke candidates, like Stein and Johnson, it seems some of their support went to Trump and Clinton as decision time draws nearer, though most went to Clinton. Trump leads 57 to 28 percent with white voters in Texas. Clinton has also seen her numbers drop in Pennsylvania, New Hampshire and Colorado, though she maintains a lead of 6 points , 7 points and 6 points , respectively. (more...)
Is a Winter Oil Production Freeze in the Works?
- November 01, 2016

This weekend meeting of oil officials from OPEC member countries in Vienna discussed the production proposal. On Friday, oil prices had fallen below the $50 mark. ANZ Bank said the drop in U.S. oil reserves was misleading as it centres on west coast storage hubs and "inventories actually increased along the East and Gulf Coasts", reports Fox News . (more...)
Trump Praises Abedin, Weiner & Comey As Email Scandal Continues
- November 01, 2016

In a letter sent to six lawmakers on Monday, the Justice Department said it will work closely with the FBI to take "appropriate steps as expeditiously as possible" in the investigation , The Washington Post reported . Mr. Comey informed Congress on Friday that, through an unrelated case, the bureau had learned about the existence of emails that appear to be relevant to the investigation into Mrs. (more...)
Jazz agree on contract extension with Rudy Gobert Jazz agree on contract extension with Rudy Gobert
- November 01, 2016

The 27th overall pick in the 2013 draft played sparingly as a rookie but has since emerged as one of the league's premier defensive players at any position. He has also increased his points, rebounds and assist averages in each of his first four seasons, and the Jazz are 56-44 with him as a starter over the course of his career. (more...)
Marathon Petroleum Corp. (MPC) Stock Rating Upgrade by Raymond James Financial Inc Marathon Petroleum Corp. (MPC) Stock Rating Upgrade by Raymond James Financial Inc
- November 01, 2016

AlphaMark Advisors LLC now owns 3,020 shares of the company's stock worth $115,000 after buying an additional 1,500 shares in the last quarter. In addition, for the current month 19 numbers of analysts gave ratings for hold as compared to last month 17 number of analysts stood in same position. (more...)
Tata Group holding company names new interim chairman Tata Group holding company names new interim chairman
- November 01, 2016

Mistry said that the decision had left him "shocked beyond words". After all, Mistry is the first chairman of the group to be unceremoniously shown the door. The Tata group comprises over 100 operating companies spread across six continents. "Dr Ralf Speth, CEO of Jaguar Land Rover, and N Chandrasekaran, CEO & managing director of Tata Consultancy Services, have been appointed as Additional Directors on the Tata Sons Board", the company said in a statement . (more...)
Earnings Estimates Revision Trends: Energy Transfer Partners, L.P. (NYSE:ETP)
- November 01, 2016

EEP's revenue was US$1.12 billion, down from $1.127 billion a year earlier. During the same quarter in the previous year, the company posted $0.83 EPS. The price to earnings growth is 12.27 and the price to sales ratio is 17. Investors Capital Advisory Services raised its stake in Spectra Energy Partners, by 7.1% in the second quarter. (more...)

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