Markets


China coal mine blast leaves at least 13 dead, 20 missing China coal mine blast leaves at least 13 dead, 20 missing
- November 02, 2016

Later, five more bodies were recovered from among the 33 people who had been trapped in the shaft following the explosion, Xinhua News Agency and state broadcaster CCTV reported. The blast is believed to have been caused by a lack of fully functioning ventilation systems, which are created to stop the extremely flammable gas from the coal seam becoming trapped. (more...)
Tesla says SolarCity would add US$1 billion to 2017 revenue
- November 02, 2016

Tesla said it expects SolarCity to add more than half a billion dollars in cash to Tesla's balance sheet over the next 3 years, as it moves to create the world's "only integrated sustainable energy company". Musk said it will be "frustrating" if shareholders don't approve the deal. But critics say the merger is in effect a bailout of a debt-laden solar panel installer whose chairman, Elon Musk , is also the founder and main shareholder of Tesla. (more...)
Qualcomm ramps up IoT strategy with $47bn NXP acquisition
- November 02, 2016

Qualcomm has climbed 10 percent and NXP is up 20 percent since it was first reported that the companies were in talks. Qulacomm Inc. has announced that it will be acquiring NXP Semiconductors NV in order to fast track its way into the automotive industry as it tries to expand beyond the smartphone market. (more...)
Earnings Roundup: Kinder Morgan, Inc. (NYSE:KMI)
- November 02, 2016

Kinder Morgan's dividend payout ratio (DPR) is presently -416.67%. KMI anticipates to declare dividends of $0.50 per share for 2016 and use cash in excess of dividend payments to fund growth investments and strengthen its balance sheet. The business also recently declared a quarterly dividend, which will be paid on Tuesday, November 15th. Investors of record on Tuesday, November 1st will be given a $0.125 dividend. (more...)
EU, Canada Sign Long-delayed Trade Deal
- November 02, 2016

Patience paid off for Canada after Prime Minister Justin Trudeau signed a free trade agreement with the European Union on Sunday. Trudeau's Liberal government ushered its implementation across the goal line, though not without some last-second drama. (more...)
These Three Stocks in Motion: Ascena Retail Group Inc. (NASDAQ:ASNA) These Three Stocks in Motion: Ascena Retail Group Inc. (NASDAQ:ASNA)
- November 02, 2016

The Georgia-based Tnb has invested 2.16% in Express Scripts Holding Company (NASDAQ: ESRX ). Invictus RG increased its stake in Express Scripts Holding by 540.5% in the first quarter. However a year ago for the same quarter the company has reported $1.56 EPS. Several analysts have recently weighed in on ESRX shares. The consensus rating is 2.3, suggesting the market has given up on the stock. (more...)
Browns vs. Jets: Full Report Card Grades for Cleveland Browns vs. Jets: Full Report Card Grades for Cleveland
- November 02, 2016

The Browns exhibited signs of life in racing to a 10-0 lead in the first quarter and leading 20-7 at halftime. "Our players, our staff, coaches and team, we have to do it". Nick Folk tacked on a 24-yard field goal after Browns quarterback Josh McCown was intercepted for the second time, all but sealing the win. The second half candy passed out was tainted with who knows what. (more...)
Little room for new taxes on weed: PBO Little room for new taxes on weed: PBO
- November 02, 2016

According to a study considering the fiscal impact of legalizing marijuana in Canada, initial revenues would likely be in the hundreds of millions rather than the billions forcast by some analysts and government officials. Former Liberal cabinet minister Anne McLellan is leading the task force , which is to submit its report by the end of this month. There are a lot of variables at play in projecting sales and tax revenues, and the report acknowledges that predicting future behaviour in ... (more...)
Strike by Philadelphia transit workers enters second day Strike by Philadelphia transit workers enters second day
- November 02, 2016

SEPTA told its riders to use its regional rail service as an alternative and to expect significant delays and crowding. Early morning outbound commuters at East Falls Regional Rail Station cope with the first day of the SEPTA strike Tuesday, Nov. (more...)
Hillary Clinton says open to having Michelle Obama in Cabinet
- November 02, 2016

As low-brows used to say about the opera - and if it were not for the tragic consequences of so many of Clinton's actions, her campaign would resemble a comic opera - "it ain't over 'till the fat lady sings". She had not announced her candidacy for president at that time. "She would be the better president". Bernie Sanders during the Democratic primary when she was living in Indiana. (more...)
US manufacturing expands for 2nd month in October: ISM US manufacturing expands for 2nd month in October: ISM
- November 02, 2016

The ISM's headline manufacturing index rose to 51.9 from 51.5 in September, beating forecasts for a reading of 51.7. "In addition, if the PMI for October is annualized, it corresponds to a 2.8% increase in real GDP annually". Purchase price inflation rose to a 69-month peak and to its fourth-highest level since the survey began in 1992. Data on China's huge manufacturing industry, which employs many millions of workers, is closely watched for indications on the state of the broader ... (more...)
Memorial Production Partners Announced a Distribution Suspension Memorial Production Partners Announced a Distribution Suspension
- November 02, 2016

Memorial Production Partners LP is engaged in the acquisition, exploitation, development and production of oil and natural gas properties. Tidewater Inc. Finally, Raymond James Financial Inc. cut Memorial Production Partners from a "market perform" rating to an "underperform" rating in a research note on Friday, October 21st. (more...)
Roku Now Lets You Pause Live TV Roku Now Lets You Pause Live TV
- November 02, 2016

Most notable for Roku OS 7.5 is the long-awaited addition of live TV pausing . Roku TV users will be able to freeze live broadcast television delivered via an over-the-air antenna - pausing it for up to 90 minutes - a handy feature that's been available for years on DVRs. (more...)
Stock's Earnings in Focus: Exxon Mobil Corporation (NYSE:XOM) Stock's Earnings in Focus: Exxon Mobil Corporation (NYSE:XOM)
- November 02, 2016

Goldman Sachs Group Inc. set a $98.00 price objective on Exxon Mobil Corp. and gave the stock a buy rating in a report on Monday, August 1st. Exxon Mobil Corporation (NYSE: XOM ) reports its Earnings on Friday 28 Oct (2 days ago). This represents a $3.00 annualized dividend and a yield of 3.60%. The ex-dividend date is Tuesday, November 8th. He performs analysis of Companies and publicizes important information for investor/traders community. (more...)
Air pollution level severe in Delhi
- November 02, 2016

The vacuum cleaning of roads was stopped following monsoons. "Jet pressure pump technique will be used for sprinkling water on footpaths, road bumps and central verges". Sisodia called for new ideas to curb pollution which has touched serious levels. He said that Public Works Department (PWD) would be roped in to tackle the rising menace of dust particles, which had exacerbated the situation. (more...)
Emerson Electric (EMR) Stock Down on Q4 Revenue, Forecast Emerson Electric (EMR) Stock Down on Q4 Revenue, Forecast
- November 02, 2016

John G Ullman & Associates Inc. increased its position in shares of Emerson Electric by 14.3% in the second quarter. Capstone Asset Management Co. now owns 332,896 shares of the company's stock worth $17,364,000 after buying an additional 3,971 shares in the last quarter. (more...)
Theresa May says Brexit will demand 'give and take' with EU Theresa May says Brexit will demand 'give and take' with EU
- November 02, 2016

But May also angered many member states by stating her intention to control European Union migration into Britain while at the same time seeking "maximum freedom" to operate in the EU's single market. EU President Donald Tusk said last week that Britain could ultimately decide to stay in the EU because the 28-nation bloc wouldn't offer May any alternative deal to a hard Brexit, which would probably mean the loss of tariff-free trading rights. (more...)
Cubs' Maddon defends early move to Aroldis Chapman
- November 02, 2016

There was defense, too, with two fine stops in the field, getting an inning-ending forceout in the sixth, starting a slick inning-ending double play with Javy Baez in the eighth and putting a hard tag down on Roberto Perez when Jason Heyward threw out the Indians catcher in the ninth. (more...)
Elon Musk unveils solar panels resembling traditional roofing tiles
- November 02, 2016

Tesla is gearing up to build and sell its own range of solar panels with built-in batteries. The company is aiming an installation of the new Tesla Solar Roof Tiles as soon as next summer even with the impending merger of Tesla and SolarCity , said Musk . (more...)
Asian shares mostly lower as FBI probe raises US uncertainty Asian shares mostly lower as FBI probe raises US uncertainty
- November 02, 2016

MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.3 per cent, after earlier hitting its lowest level since September 19. Gold miners Northern Star, Evolution Mining and Newcrest rallied 2-5 percent as gold prices advanced on safe-haven demand ahead of Fed, BOJ and BOE meetings and the November 8 US presidential election. (more...)

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