Markets


Electric-car maker Tesla plans to sell solar roof tiles too
- November 02, 2016

Tesla Motors on Wednesday trounced expectations and reported a surprise third-quarter profit as the electric auto maker set a new record for quarterly revenue and said it is on track to meet its ambitious projections for vehicle deliveries in the second half of the year. (more...)
Spain's Rajoy Secures Second Term as Prime Minister
- November 02, 2016

Members of the Spanish Parliament voted, 170-111, in favor of Rajoy, with 68 Socialist lawmakers abstaining. In a sign of how deep the divisions run, former Socialist chief Pedro Sanchez, a staunch opponent of Rajoy who was ousted in a party rebellion this month, announced he was quitting parliament just hours before the vote in a tearful media appearance. (more...)
US rates futures dip before Fed meeting US rates futures dip before Fed meeting
- November 02, 2016

Nov 1 US short-term interest rates futures declined on Tuesday in advance of the Federal Reserve's two-day meeting at which policymakers are widely expected to leave interest rates unchanged. The independent Caixin manufacturing PMI jumped from 50.1 to 51.2, showing that growth has picked up. Taiwan's manufacturing sector showed the fastest growth in two years, with output rising for the last five months. (more...)
North Korea conducts another failed missile launch on Thursday
- November 02, 2016

Japan condemned the North Korean launch and said it would make a formal protest through its embassy in Beijing. The South's Yonhap News Agency had reported before the meeting that U.S. Those weapons staying in, on and off South Korea will be kept in readiness even to launch a self-defending preemptive strike in case of emergency, according to sources . (more...)
John Kerry: US election is 'downright embarrassing' John Kerry: US election is 'downright embarrassing'
- November 02, 2016

He said: "This election has been hard for our country's perception overseas". And some also remembered some of Kerry's other past greatest hits... Mr Khan's clash with the White House hopeful followed Mr Trump's call for Muslims to be banned from the U.S. (more...)
Sadiq Khan orders inquiry over £51m Olympic Stadium increase Sadiq Khan orders inquiry over £51m Olympic Stadium increase
- November 02, 2016

The cost of £8m a year is up from an estimated cost of £300,000 because the company originally contracted for the job had gone bust, reports BBC sports editor Dan Roan. West Ham won a bitterly fought battle with Spurs, who wanted to knock the stadium down and rebuild it for football, only for the process to collapse under legal challenge. (more...)
May welcomes Carney decision to extend Bank of England term - spokeswoman
- November 02, 2016

The premier regards him as "absolutely" the right person for the job, she added. While it is true that the United Kingdom economy has performed much better than a lot of the forecasts in the lead up and aftermath of the vote, it is also true that the Bank of England governor was the only adult in the room in the immediate aftermath of the referendum vote. (more...)
Hot Stocks - Hewlett Packard Enterprise, (NYSE:HPE), Akamai Technologies, (NASDAQ:AKAM) Hot Stocks - Hewlett Packard Enterprise, (NYSE:HPE), Akamai Technologies, (NASDAQ:AKAM)
- November 02, 2016

Southwest Airlines Co. has 52-Week high of $51.34 and 52-Week Low of $33.96. The investment management firm now holds a total of 70,962 shares of Hewlett Packard Enterprise Co which is valued at $1,573,228. The company had revenue of $12.20 billion for the quarter, compared to the consensus estimate of $12.64 billion. The company is trading above its 50-day moving averages of 22.22 and up from 200-day moving averages of 19.90. (more...)
Range Resources Corporation reiterated as Outperform By Imperial Capital Range Resources Corporation reiterated as Outperform By Imperial Capital
- November 02, 2016

Over the last 52 weeks Range Resources Corporation's stock price has increased by 24.04% from 28.74 to 35.65. Geduld E E bought a new stake in Eclipse Resources Corp. Covering research analysts have taken a stance on where they see Eclipse Resources Corporation (NYSE:ECR) moving in the future. The buoyancy in the outlook of Eclipse Resources Corporation (ECR) is getting weaker by the somewhat negative sentiment (2.60 on a 5-point scale) that sell-side analysts have provided concerning it. (more...)
Traders Targeted Movers: Walgreens Boots Alliance, Inc. (NASDAQ:WBA)
- November 02, 2016

Walgreens Boots Alliance Inc. has a 1-year low of $71.50 and a 1-year high of $89.15. This Retail-Wholesale Sector stock now has the Market Capitalization of 89.78 Billion. On average, equities research analysts forecast that Walgreens Boots Alliance will post $5.01 earnings per share for the current year. The business also recently declared a quarterly dividend, which will be paid on Monday, December 12th. (more...)
Eli Lilly shares fall on Bernie Sanders tweet Eli Lilly shares fall on Bernie Sanders tweet
- November 02, 2016

Simmons Bank's holdings in Eli Lilly and were worth $2,893,000 as of its most recent filing with the SEC. The company had revenue of $5191.70 million for the quarter, compared to analysts expectations of $5295.94 million. The business's revenue for the quarter was up 4.7% compared to the same quarter past year. The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 9th. (more...)
Tag Heuer Unveils $10000 Smartwatch Tag Heuer Unveils $10000 Smartwatch
- November 02, 2016

The Connected sports a dual-core 1.6GHz Intel processor, 1GB of system memory, and 4GB of flash storage for all of your Android Wear apps. Unfortunately, it looks like TAG Heuer made a decision to keep the specs of the new smartwatch the same as last year's model, which includes an Intel chipset inside, along with the distinct TAG Heuer design on the outside. (more...)
Imran Khan does 50 push-ups as warm-up for November 2 Islamabad protest
- November 02, 2016

Pirate seats trebled Reykjavik ... PTI workers, supporter and leaders including Firdous Naqvi, Khurram Sher Zaman, Abdul Aziz Khan, Dawa Khan Sabir and others were also present on the occasion. The administration in the capital have banned people's gathering of five or more at any location. Khan's latest challenge to Sharif's government is based on leaked documents from the Panama-based Mossack Fonseca law firm that appear to show the prime minister's daughter and two sons owned offshore ... (more...)
OM Asset Management PLC (OMAM) to Release Quarterly Earnings on Wednesday
- November 02, 2016

The firm had revenue of $3.68 billion for the quarter, compared to analyst estimates of $4.10 billion. The stock is now showing its Return on Assets (ROA) value of 3 Percent. The stock lost -3.69% in total of its share price. Integrated Investment Consultants LLC increased its stake in shares of Allergan PLC by 35.2% in the second quarter. (more...)
Brocade shares soar on report it's in talks to sell itself Brocade shares soar on report it's in talks to sell itself
- November 02, 2016

RBC Capital Markets maintained Brocade Communications Systems, Inc. The company was worth about $3.5 billion on Monday. Deutsche Bank AG upped their price target on shares of Brocade Communications Systems from $8.00 to $9.00 and gave the company a "hold" rating in a research note on Friday, August 26th. (more...)
GE oilfield unit to merge with Baker Hughes
- November 02, 2016

GE will contribute US$7.4 billion to fund the US$17.50 per share special dividend. They expect the deal to close in mid-2017 and the resulting company to be well positioned as the oil and gas industry recovers. GE, which had almost $17 billion in oil and gas-related revenue, warned a week ago that they remain in "an incredibly tough environment". With the completion of the transaction - anticipated by the mid of 2017 - the combined entity will likely be bigger in size than Halliburton ... (more...)
Man Utd Boss Jose Mourinho Charged After Burnley Sending Off
- November 02, 2016

The former Chelsea boss has been given until 6pm (GMT) on Friday to respond to the charge. Press Association Sport understands the disciplinary commission is to rule on the matter before the week is out, but it is the punishment for Saturday's behaviour in the goalless draw with Burnley that may land the hardest blow. (more...)
Carney bounce proves short-lived for sterling
- November 02, 2016

The move means Carney will stay one year longer than the five he had committed to, but two years shorter than the eight governors usually serve. " By taking my term in office beyond the expected period of the Article 50 process, this should help contribute to securing an orderly transition to the UK's new relationship with Europe ", Mr. (more...)
Discovery signs partnership with streaming service BAMTech Discovery signs partnership with streaming service BAMTech
- November 02, 2016

Discovery's partnership with BAMTech - minority owned by Walt Disney Co. - comes as media and tech companies continue to seek out one another in tie-ups and on the same day Discovery reported third-quarter earnings, in which it posted decreased profit and flat revenue, both falling short of Wall Street expectations. (more...)
Tesla shares flying on surprise profit
- November 02, 2016

Year to date, the stock is down more than 15%, while in the last year, it is down more than 3%. The tech billionaire who is the 83 wealthiest person in the world said Tesla could at present raise funding to "account for uncertainty ... However, Musk recently indicated in a tweet that they no longer need to raise capital. At a starting price of $35,000, it is the more affordable version of electric vehicle. (more...)

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