Markets


Nintendo Switch Does Not Look Like It Will Replace The 3DS
- November 03, 2016

Nintendo Switch upcoming launch is reportedly a welcome news for Ubisoft given its long time optimism regarding the new console from Nintendo. The company has yet to release a price for the console, nor what each Switch set includes. It doesn't suggest graphics are the same or worse, because Nintendo hasn't confirmed this yet, but it's an interesting detail that you might want to keep in mind if you need to make a purchasing decision. (more...)
Egypt devalues its currency, meeting key IMF demand Egypt devalues its currency, meeting key IMF demand
- November 03, 2016

Egypt's central bank decided on Thursday to freely float the pound as it announced a set of measures aimed at alleviating a dollar shortage and stabilizing the country's flagging economy. The much heralded decision by the Egyptian Central Bank followed a sharp and sudden decline this week in the value of the dollar on the unofficial market, plunging from an all-time high of 18.25 pounds to around 13 to the US currency. (more...)
Who will win World Series MVP honors?
- November 03, 2016

Two other Hall-of-Famers have ended their career with a World Series win -Mize (1953 Yankees) and Eddie Mathews (1968 Braves). And while Jim will be losing a coveted status, he knows how important a World Series game can be to a fan: He attended Cubs World Series games in 1938 and 1945 and was inspired to become a baseball player. (more...)
Consensus Review & Target Check on QUALCOMM Incorporated (NASDAQ:QCOM) Consensus Review & Target Check on QUALCOMM Incorporated (NASDAQ:QCOM)
- November 03, 2016

The firm attains analyst recommendation of 2.30 on scale of 1-5 with week's performance of 0.69%. Analysts expect the company to announce earnings of $1.13 per share and revenue of $5.84 billion for the quarter. One Month Ago Analyst Ratings: The Company has received mean Analyst rating of 2.32 from polled analysts at Reuters One Month Ago. 7 brokers rating the stock a strong buy, 10 brokers rating the stock a buy, 16 brokers rating the company a hold, zero brokerages rating the company a ... (more...)
Wynn Resorts (WYNN) Stock Slumps in After-Hours Trading on Q3 Miss Wynn Resorts (WYNN) Stock Slumps in After-Hours Trading on Q3 Miss
- November 03, 2016

October's return represents the third month of growth in a row, with Macau's recovery gaining momentum following on from a 26 month period of consecutive year-on-year declines. "We had to take a very risky approach and dodge cars for me to get to the City of Dreams. That said, we view the comp cautiously, as we acknowledge the volatility inherent in the VIP business and suspect operators may have ratcheted up promotional efforts to help stimulate demand in order to support the recent new ... (more...)
Oclaro, Inc. (NASDAQ:OCLR)Given Impact Score Of 87 Oclaro, Inc. (NASDAQ:OCLR)Given Impact Score Of 87
- November 03, 2016

In analysts note sent to investors on Wednesday morning, Oclaro (NASDAQ:OCLR) stock had its "Buy" Rating reaffirmed by equity analysts at Stifel. The stock has a consensus rating of Buy and a consensus target price of $9.11. During the same period in the previous year, the business earned ($0.02) EPS. (NASDAQ:OCLR). Credit Suisse Ag accumulated 455,415 shares or 0% of the stock. (more...)
Analysts Update Their Price Target On Cabot Oil & Gas Corporation (NYSE:COG)
- November 03, 2016

Cabot Oil & Gas Corporation (COG) ended last trading session with a change of -1.63 percent. In the matter of earnings surprises, it can have a huge impact on a company's stock price. During the same period in the previous year, the company earned ($0.01) EPS. Other institutional investors have also recently made changes to their positions in the company. (more...)
Supermarket Morrisons reports fourth straight sales rise Supermarket Morrisons reports fourth straight sales rise
- November 03, 2016

The supermarket group chose to offer more Halloween products after listening to customers. Under chief executive David Potts, who joined the grocer in early 2015 to steer its turnaround, Morrisons has also looked to seize the initiative by forming new partnerships with Amazon, Timpson and Ocado. (more...)
Johnson Controls Completes Separation Of Adient
- November 03, 2016

The broker said it has now set a "Sector Perform" rating on shares of Johnson Controls , Inc. with a price target of 46. Currently Johnson Controls International plc , has an EPS of 1.26, which has grown by -16.10% this year. The Firm operates through three divisions: North America Integrated Solutions & Services (NA Integrated Solutions & Services), Rest of World (ROW) Integrated Solutions & Services (ROW Integrated Solutions & Services) and Global Products. (more...)
UK Nationwide house price growth misses forecasts remains unchanged in October UK Nationwide house price growth misses forecasts remains unchanged in October
- November 03, 2016

House prices were flat last month, compared with a monthly increase of 0.3 per cent in September and a median forecast for a rise of 0.2 per cent in a Reuters poll of economists. Robert Gardner, chief economist at Nationwide, sees conditions favouring further price rises. "While the economic outlook is uncertain, solid labour market conditions and historically low borrowing costs should provide support to buyer confidence". (more...)
New LA Times Poll Puts Trump 4 Points Ahead of Clinton
- November 03, 2016

Trump has overtaken Clinton in the ABC News/ Washington Post tracking poll, according to which the Republican candidate has the support of 46 per cent of the likely voters as against 45 per cent by the former secretary of state. A third of 1,772 likely voters surveyed over the weekend by Politico and Morning Consult said the news about the revival of the e-mail investigation would make them less likely to vote for Clinton on November 8. (more...)
HILLARY CLINTON: The FBI has 'no case' against me
- November 03, 2016

One relevant finding in the survey was that 53 per cent of those consulted said that they were " very enthusiastic" in their support of Trump, while 45 per cent said the same about Clinton. Gary Johnson , the Libertarian presidential nominee, has said that a Clinton presidency would "may well end up in impeachment". Comey said he did not know whether the emails were significant and released no information other than that they existed. (more...)
Jackson Grant Investment Advisers Inc. invests in Starbucks Corp. (SBUX) Shares
- November 03, 2016

The stock has relative volume of 1.90. The company has a one bull technical rating which indicates extreme weakness. Starbucks Corporation's (SBUX ) is a part of Services sector and belongs to Specialty Eateries industry. While if we look at the Earnings Track Record, Starbucks Corporation (SBUX ) managed to surpass quarterly earnings per share estimates in 4 of the trailing twelve fiscal quarters, and has a positive trend with an average surprise of 33%. (more...)
United Kingdom manufacturing expands, aided by pound weakness United Kingdom manufacturing expands, aided by pound weakness
- November 03, 2016

The amount of new work received by manufacturers grew markedly during October and the rate of expansion hit a 22-month high, largely driven by improved underlying demand. The service PMI also climbed to its highest level this year in October. On the margin side, input costs increased for a sixth successive month as higher costs for items such as food and oil as well as a strengthening of the USA dollar against the euro more than outweighed imported deflation from the weak pound. (more...)
Hilfiger never called Gigi Hadid fat: 'She's perfection' Hilfiger never called Gigi Hadid fat: 'She's perfection'
- November 03, 2016

We wouldn't blame Gigi for having any hurt feelings, but judging by their joint collection, there's seemingly no bad blood! But Hilfiger revealed today that Gigi was forced to cover up at her first Hilfiger Collection runway because she wasn't "thin" enough. (more...)
Tata Sons former boss says group could see $18 bln in writedowns Tata Sons former boss says group could see $18 bln in writedowns
- November 03, 2016

The report also said that responding to allegations of lacking a corporate strategy, Mistry asserted he had presented the strategy 2025 to the Tata Sons board. While this development shook newsrooms across the country, more news came in the next day when Tata Group announced that Ralf Speth, CEO, Jaguar Land Rover (JLR) and N. (more...)
Fed to wait for more economic progress before rate hike
- November 03, 2016

Investors have all but ruled out a move at this week's meeting given it takes place only a week before the USA presidential election. "The central bank's policy committee announced Wednesday that while the case for another rate hike "continued to strengthen", it is going to stand pat on interest rates and wait for more information". (more...)
Obama: Corps examining ways to reroute Dakota Access Pipeline
- November 03, 2016

The Standing Rock Sioux tribe has been fighting the pipeline for months, arguing that the project could harm sacred lands and pollute the tribe's only water supply. The panel could decide to levy fines of up to $200,000, Fedorchak said, though she said such a high amount would be unlikely. The president says the U.S. (more...)
Two police officers killed 'ambush style' in Des Moines Two police officers killed 'ambush style' in Des Moines
- November 03, 2016

Another Des Moines police officer died in a motorcycle accident in August. The police had identified Greene as a suspect within hours of the shooting and warned residents, saying that he was unsafe and to call them if they saw him. The suspects have not yet been identified and are believed to be on the run, authorities said. Police said Greene was a white male and resident of Urbandale, Iowa , a city just outside of Des Moines. (more...)
Beginning of Health Insurance Open Enrollment Beginning of Health Insurance Open Enrollment
- November 03, 2016

Rico added, "There is still a need to educate the public about health insurance - particularly about the subsidies for which many consumers are eligible". We all know it". Depending on the state, you may or may not have to re-enroll with a plan. John DeGruttola, a senior vice president for Sentara, said in a statement that continuing to sell ACA plans in some places would have increased premiums for all customers. (more...)

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