Markets


Zuma backs down on corruption report Zuma backs down on corruption report
- November 03, 2016

The release of the report has been a central demand of Zuma's opponents since its publication was suspended on October 14, the day its author, Thuli Madonsela , reached the end of her tenure as public protector, South Africa's anti-graft watchdog. (more...)
China coal mine gas explosion : 20 People still trapped in China coal mine gas explosion : 20 People still trapped in
- November 03, 2016

Attempts are continuing to reach the 20 miners, who are believed to still be trapped, the news agency said. The searchers were being hindered by debris blocking some of the mine's passageways. The police are looking into possible misconduct by the mine's management team, according to Luo Qingquan, head of the district government. The colliery's manager and legal representative are both being questioned. (more...)
Oil ends down but off lows, then slides on API report Oil ends down but off lows, then slides on API report
- November 03, 2016

The probability of OPEC reaching a deal later this month and finalizing the so-called Algiers accord is falling, with failure pushing oil prices into the low-$40s, analysts at Goldman Sachs said Tuesday, Kallanish Energy reports. A representative for oil transport company Euronav NV said on Monday it is unlikely that OPEC will push up prices due to Iran and Iraq, which has also resisted cuts. (more...)
How Cubs Beat Kershaw to Move on to World Series How Cubs Beat Kershaw to Move on to World Series
- November 03, 2016

The Cubs will face the Cleveland Indians in Game 1 on Tuesday, with the series returning to Wrigley Field for Game 3 on Friday. Kyle Hendricks was super hyper-focused in pitching 7 1/3 shutout innings, only giving up 2 hits, walking none and striking out six Dodgers. (more...)
Eurozone October Manufacturing PMI Confirmed At 33-Month High Eurozone October Manufacturing PMI Confirmed At 33-Month High
- November 03, 2016

This was above market expectations of no change from the flash reading as the index strengthened to the highest level for 33 months. New order volumes also picked up across the construction sector, but the rate of growth eased since September and remained weaker than seen prior to this summer. (more...)
Hazelwood workers brace for closure news Hazelwood workers brace for closure news
- November 03, 2016

The future of Alcoa's Portland aluminum smelter in the state's southwest also hangs n the balance - with 2000 more jobs at stake. There would be a lot more money then for helping these communities. "Power industry leaders need to open their wallets to help these communities", Ms King said. The Latrobe Valley is one of the most disadvantaged parts of Victoria, having struggled to recover since losing about 15,000 jobs when the electricity system was privatised in the 1990s. (more...)
ANZ flags sales as FY profit falls 18% ANZ flags sales as FY profit falls 18%
- November 03, 2016

Six months ago ANZ had said its domestic wealth business was under review because returns were below its group-wide targets, and all options were on the table, including potential sales. Cash profit, the bank's preferred measure of performance, was hit by $1.077 billion of previously announced impairments related to the major reorganisation under chief executive Shayne Elliott . (more...)
Trending Stocks in Review: Sanchez Energy Corporation (NYSE:SN) Trending Stocks in Review: Sanchez Energy Corporation (NYSE:SN)
- November 03, 2016

Sanchez Energy Corporation (NYSE:SN), with -13.82% losses in previous 5 sessions, is under coverage of 17 analysts who collectively assign a hold rating on stock. The higher end of the revenue estimate is $1.4 Billion and the lower end is $1.35 Billion. Chesapeake Energy Corporation's (CHK ) made a return of -16.25% in one month through last close, displaying a 1.32% return during the past three months. (more...)
Former prime minister Paul Martin welcomes signing of Canada-EU trade deal Former prime minister Paul Martin welcomes signing of Canada-EU trade deal
- November 03, 2016

The episode ended on Friday with Wallonia's parliament voting in favour of Belgium signing the deal after securing an addendum that addresses concerns about an investor-state dispute mechanism and protections for local agriculture. As for the European Union and Canada, the signing of the CETA allows both sides to breathe a sigh of relief (at least for the present, as the CETA will be put into effect only provisionally, pending ratification by the 28 European Union member states and Canada). (more...)
Pitney Bowes Inc. (PBI) Reached New 1-Year Low Following Weak Earnings Pitney Bowes Inc. (PBI) Reached New 1-Year Low Following Weak Earnings
- November 03, 2016

If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of USA and global copyright law. 06/03/2015 - Pitney Bowes Inc. had its "neutral" rating reiterated by analysts at Piper Jaffray. Virtu Financial LLC acquired a new position in shares of Pitney Bowes during the second quarter worth approximately $213,000. (more...)
Recent Analysts Ratings Fluctuations: Yahoo! Inc. (NASDAQ:YHOO)
- November 03, 2016

This is calculated by taking the current share price and dividing it by the forecasted earnings per share. SunTrust Banks Inc. restated a hold rating and issued a $42.00 price target on shares of Yahoo in a research note on Friday, October 21st. (more...)
AT&T's deal with Time Warner could cost customers, critics say
- November 03, 2016

Time Warner is also different than NBC Universal, in that it owns only a small handful of broadcast networks, and the companies have not yet decided if any of those licenses will be part of the deal . The deal caps Stephenson's vision to expand AT&T into media and entertainment as its wireless business matures. AT&T provides American customers with services such as mobile phone data, cable television and broadband internet but not the content itself - such as TV programmes or sports ... (more...)
Shaker Investmentsoh Lowers stake in Delta Air Lines (DAL) Shaker Investmentsoh Lowers stake in Delta Air Lines (DAL)
- November 03, 2016

The Average Volume for the stock is measured as 10.14 Million. The firm shows the market capitalization of $32.13 Billion. The price to earnings growth is 0.66 and the price to sales ratio is 17. Delta is America's fastest growing global carrier. Delta Air Lines, Inc provides scheduled air transportation for passengers and cargo throughout the United States and around the world. (more...)
Hurricanes activate D Murphy, lose Frk to Detroit on waivers Hurricanes activate D Murphy, lose Frk to Detroit on waivers
- November 03, 2016

The Wings are back in Philadelphia again on November 8. The Red Wings are averaging 2.7 goals per game and are scoring on 19.5 percent of their power play opportunities. "But we can't focus on that, we have to focus on what we do". The Red Wings claimed forward Martin Frk off waivers from Carolina. Frk was previously waived by the Red Wings before the start of the season despite having a decent preseason. (more...)
Manufacturing output rose in October, boosted by falling pound Manufacturing output rose in October, boosted by falling pound
- November 03, 2016

That was a little higher than the 52.3 reading from September, and well above the 51.8 that was expected by economists polled before the release. "In theory, activity should increase when the construction PMI exceeds 50, but in practice, 55 has separated expansion and contraction". (more...)
Henry Schein (HSIC): Beats Q3 Earnings, Revenue in Line
- November 03, 2016

Henry Schein's adjusted EPS guidance for 2016 remains the same. Henry Schein (NASDAQ:HSIC) last announced its quarterly earnings data on Wednesday, November 2nd. giving the company a "buy" rating. Goldman Sachs Group Inc. upgraded Henry Schein from a neutral rating to a buy rating and set a $185.00 price target on the stock in a research report on Tuesday, October 11th. (more...)
Mark Carney to stay at Bank of England until 2019
- November 03, 2016

Carney, who has come under fire from supporters of Brexit for his stance in the European Union referendum campaign, has said he will announce by the end of the year whether he will take up an option to stay at the Bank until 2021 rather than stick to his current departure date in mid-2018. (more...)
Broker Roundup For Pioneer Natural Resources Company (NYSE:PXD) Broker Roundup For Pioneer Natural Resources Company (NYSE:PXD)
- November 03, 2016

This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.09%. Current price places the company's stock 15.92% away from its 200-day simple moving average, -1%, away from the 50-day average and also -2.69% away from 20-day average. (more...)
Hillary loses her cool when heckler yells 'Bill Clinton is a rapist' Hillary loses her cool when heckler yells 'Bill Clinton is a rapist'
- November 03, 2016

Over the past several weeks, Trump supporters have worked to get on TV and infiltrate pro-Clinton events to shout about the former president's actions. "C'mon, this guy is going to be your champion?" Mr Trump says it's not too late if Democratic voters have buyer's remorse. "If you live here, or Michigan, Pennsylvania, or Minnesota, you change your vote to Donald Trump ". (more...)
IAB: Search Ads Generate $16.3 Billion In First-Half 2016 IAB: Search Ads Generate $16.3 Billion In First-Half 2016
- November 03, 2016

Search continued to account for 50 percent of all internet ad revenues across mobile and desktop. Commenting on the report, Randall Rothenberg , IAB President and CEO, said: "These half-year revenues are a testament to the role of digital screens - especially mobile screens - in consumers' increasingly connected lives". (more...)

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