Markets


Buffett's firm's 3Q profit drops 24 pct on investments value Buffett's firm's 3Q profit drops 24 pct on investments value
- November 05, 2016

Omaha, Nebraska-based Berkshire Hathaway reported third-quarter profit of $7.20 billion or $4,379 per share Class A share, down from $9.43 billion or $5,737 per Class A share past year. The record amount of cash Berkshire is holding will only add to speculation about what Buffett's next acquisition might be. Berkshire already owns more than 90 subsidiaries, including clothing, furniture and jewelry firms. (more...)
Columbia Pipeline Partners LP (NYSE:CPPL) Columbia Pipeline Partners LP (NYSE:CPPL)
- November 04, 2016

They issued a "neutral" rating and a $15.00 target price for the company. What Analysts Say About Office Depot, Inc. They now have a Dollars 15 price target on the stock. In September, TransCanada offered $850 million to take over Columbia Pipeline Partners . CPPL has been the subject of several other reports. 05/12/2016 - Buckeye Partners L.P. (more...)
Pound helping exports but import costs near 25 year high - PMI
- November 04, 2016

Chinese manufacturers signalled an improvement in growth at the start of the fourth quarter, with output expanding at the quickest rate in over five-and-a-half years amid a rebound in new order growth. The average price of inputs rose markedly during October, with the rate of inflation quickening to the fastest since August 2014. MANUFACTURING output remained solid last month as the tumbling pound helped exports, but costs rose at their fastest pace for almost 25 years, according to a report. (more...)
October US sales fall as auto boom slows October US sales fall as auto boom slows
- November 04, 2016

Several other analysts also recently weighed in on the stock . But the average sales price still was expected to set an October record at $31,383. Many Wall Street Analysts have commented on Ford Motor Company . Following the news, the stock gained 0.8 percent to $31.86. The ex-dividend date of this dividend is Monday, December 5th. This represents a $1.52 annualized dividend and a dividend yield of 4.81%. (more...)
Best Dressed at the 2016 CMA Awards Best Dressed at the 2016 CMA Awards
- November 04, 2016

Chris Stapleton won Male Vocalist of the Year for the second consecutive time. That was also the year in which Swift crossed over into mainstream pop music with the album "1989", which explains why she was not nominated for anything in 2015. (more...)
Debit card security breach: major banks hit
- November 04, 2016

Meanwhile, SBI will issue new cards free of cost to the affected customers in the incidents affecting the cards industry. Out of this 0.6 million are RuPay cards . "There is no reason for bank customers to panic". But, the onus to prove innocence lies with the customers. Already a number of complaints have been registered with the respective banks. (more...)
State Department releases deleted emails between Abedin, Clinton
- November 04, 2016

Metadata found on the former congressmans laptop suggests there may be thousands of emails sent to or from Clintons private server, the Wall Street Journal reported . The emails, belonging to Clinton's closest aide, Huma Abedin , came to light during an investigation of disgraced former NY congressman Anthony Weiner , the estranged husband of Abedin. (more...)
Bank of England tipped to hold rates and raise growth forecasts
- November 04, 2016

However, while it upgraded its near-term GDP growth forecast to 2.2% for 2016 and 1.4% for 2017, it has also downgraded its expectations for growth in 2018/9, reflecting the ongoing uncertainty the Bank has about the impact of Brexit. In addition to raising growth forecasts, the Bank is also expected to up its expectations for inflation next year. However, the rate is predicted to fall back gradually to 2.5% in three years' time and it looks likely that inflation will return to close to its ... (more...)
India vs England: James Anderson to return for third Test in Mohali?
- November 04, 2016

Cook had earlier helped his side to 100-0 alongside Ben Duckett as they attempted to chase down 273 to win, but England struggled as the day progressed for Bangladesh to claim the biggest win in their 95-Test history. England will fly to Mumbai on Wednesday for a mini-break before heading for Rajkot on November 6, three days before the first of five Tests against the formidable Indians. (more...)
Clinton, Trump target North Carolina as Clinton holds slight lead
- November 04, 2016

Republicans and Trump have cheered Comey's move and warned it could lead to criminal charges. He thanked them for helping give him "a great life". "I trust her. The numbers indicate that in early voting, only 6 percent of Democrats in Florida chose to vote for Trump. "He's pulling ahead, and we are excited to be part of that". (more...)
Analysts At Barclays Capital Reiterated Coca-Cola HBC (LON:CCH) As Underweight Analysts At Barclays Capital Reiterated Coca-Cola HBC (LON:CCH) As Underweight
- November 04, 2016

Net sales declines slowed for Coca-Cola HBC in the third-quarter as emerging markets helped prop up a weak nine-months. Finally, Numis Securities Ltd downgraded Coca Cola HBC AG to a "hold" rating and increased their price objective for the stock from GBX 1,542 ($18.83) to GBX 1,665 ($20.33) in a research note on Monday, August 15th. (more...)
Newbury MP would vote in favour of triggering Brexit negotiations Newbury MP would vote in favour of triggering Brexit negotiations
- November 04, 2016

The Conservative Party, which was badly split over the referendum , has now largely embraced its outcome, in many cases enthusiastically. The British High Court ruled that UK Prime Minister Theresa May will have to get Parliament's approval before proceeding with Brexit negotiations. (more...)
Petrol pumps may observe nationwide strike on November 15 Petrol pumps may observe nationwide strike on November 15
- November 04, 2016

Henceforth, petrol pumps will remain closed every Sunday and later on every public holiday, informed Vidarbha Petrol Dealers Association president Harvinder Singh Bhatia. He said petrol pumps will save considerable amounts on electricity bills if they stick to limited hours selling. A high-powered committee constituted by the Central government had recommended a period review of the rate of commission but it has not been done despite several reminders, the dealers alleged. (more...)
Yesterday Stock's Price Swings: Delphi Automotive PLC's (DLPH)
- November 04, 2016

Delphi Automotive PLC had a net margin of 8.11% and a return on equity of 57.43%. During the 52-week period, the peak price level of the share was observed at $88.89; this is higher price of share and down price level of the share was seen at $55.59; this is lower price at which share is traded. (more...)
Teekay Offshore Partners L.P. (TOO) Announces Earnings Results
- November 04, 2016

The firm has a 50 day moving average of $15.04 and a 200 day moving average of $13.24. GSA Capital Partners LLP now owns 30,372 shares of the company's stock worth $342,000 after buying an additional 854 shares in the last quarter. Recently analysts working for various investment brokerages have changed their ratings and price targets on shares of Teekay Offshore Partners L.P. (more...)
Bank of England governor explains interest rate hold at 0.25%
- November 04, 2016

The impact of leaving Europe's single market of more than 500 million people could be felt far and wide in Britain. There are some in the markets who even hope it may scupper Brexit completely. The Bank said that policy expectations are fairly evenly balanced: while the Bank may raise rates if the United Kingdom experiences a prolonged period of high inflation, it reiterated that it still has the ammunition to boost the economy if Brexit negotiations weigh on growth . (more...)
Japan Nikkei PMI for October: Services 50.5 (prior 48.2), Composite 51.3 (48.9) Japan Nikkei PMI for October: Services 50.5 (prior 48.2), Composite 51.3 (48.9)
- November 04, 2016

IHS Markit said the lower PMI figure could be attributed to weaker domestic output and new orders, coupled by an accelerated decline in new business from mainland China. Manufacturing production also increased at a quicker rate, one that was the fastest in 46 months. While the United Kingdom economy has been "largely undisrupted" by the decision to leave the European Union, rising raw material costs present downside risks, Office for National Statistics Chief Economist Nick Vaughan said on ... (more...)
DOJ Tells Congress It'll Review Emails ASAP
- November 04, 2016

He is being investigated in connection with online communications with a teenage girl. Speaking to NowThisNews in an interview released Wednesday, Obama said he didn't want to meddle in the process. White House Press Secretary Josh Earnest has described FBI Director Comey as a man of integrity. Comey has said he felt compelled to alert Congress after having already told lawmakers that the investigation was concluded. (more...)
Gundogan credits calm Guardiola and City spirit
- November 04, 2016

Former Barcelona boss Guardiola, well aware of how ruthless his old club can be, knows they must avoid a repeat as the sides meet again at the Etihad Stadium . According to Spanish radio station Cadena Ser , he was annoyed at comments made by City players as they returned to the dressing rooms. City's handsome 3-1 victory on Tuesday, carrying the slick pass-and-move imprints of the best Guardiola creations, felt like a landmark for the wealthy "wannabes" who have long strived for the ... (more...)
British Airways to offer wi-fi on short-haul flights British Airways to offer wi-fi on short-haul flights
- November 04, 2016

British airways-owner IAG will start to provide wi-fi across its airlines' shorthaul fleets from 2017, following similar moves from rival airlines as passengers increasingly demand to stay connected in the air. "My first experience with wi-fi on a flight was about five years ago, when it was offered for free by Norwegian", said Simon Calder, travel editor at the Independent stated. (more...)

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