Markets


Stocks steady on jobs data; avoiding 9th day of declines Stocks steady on jobs data; avoiding 9th day of declines
- November 05, 2016

The last time the S&P 500 fell for eight straight days was early October 2008, the depths of the financial crisis. According to two polls released on Thursday, Clinton, who is seen as the status quo candidate by markets, maintained her narrow lead over Trump. (more...)
Philadelphia commuters hit clogged roads on strike's Day 4 Philadelphia commuters hit clogged roads on strike's Day 4
- November 05, 2016

Commuters are dealing with another chaotic evening rush hour in Philadelphia as a strike by city transit workers nears the end of a second day. Since many members of the union organized a strike three days ago in an effort to improve pensions for the workers, the city has experienced multiple transit delays. (more...)
Revenue Estimates Analysis: Yamana Gold, Inc. (NYSE:AUY) Revenue Estimates Analysis: Yamana Gold, Inc. (NYSE:AUY)
- November 05, 2016

Kinross Gold Corporation (NYSE:KGC)'s earnings per share has been growing at a -24.1 percent rate over the past 5 year when average revenue increase was noted as 0.3 percent. (NYSE:MTW) reported its last quarterly earnings on Jun 16 where the firm reported its Actual EPS of $0.04/share against the analyst consensus estimate of $0.04/share. (more...)
Cubs take the lead in 10th inning with Zobrist RBI single Cubs take the lead in 10th inning with Zobrist RBI single
- November 05, 2016

Neighbors of World Series MVP waited for the chance to capture a moment with the Cubs player who captured their hearts. Schmalz has always considered himself fortunate that one of his best friends is Ben Zobrist . He's the first Cubs player to win MVP, which was first awarded in 1955. "Our whole life has kind of been on pause for the last week, but I feel so lucky to be able to ride (Zobrist's) coattails and be a part of it", Schmalz said. (more...)
Tesla Brings Solar Roofs For Your Homes Tesla Brings Solar Roofs For Your Homes
- November 05, 2016

To the surprise of everyone gathered on the Universal lot, each of the four set homes had been outfitted with solar roofs , which are made up of glass tiles that are embedded with solar cells. Its newest product is a solar roof that doesn't look like a solar roof, and the hundreds of journalists gathered on the set for the debut didn't notice it either. (more...)
Hillary Clinton on email investigation: FBI has 'no case' Hillary Clinton on email investigation: FBI has 'no case'
- November 05, 2016

Clinton's campaign is calling on Comey to immediately release more information about the emails. Weiner is the estranged husband of top Clinton adviser Huma Abedin. McCabe's wife, Jill McCabe, received $467,500 in campaign funds in late 2015 from the political-action committee of Virginia Gov.Terry McAuliffe, a longtime ally of the Clintons and, until he was elected governor in November 2013, a Clinton Foundation board member. (more...)
Generic-Drug Makers Crash On Report DOJ Plans Collusion Charges Generic-Drug Makers Crash On Report DOJ Plans Collusion Charges
- November 05, 2016

A number of companies including Mylan and Teva Pharmaceuticals have disclosed subpoenas and are cooperating with authorities, Bloomberg said. The probe covers more than a dozen companies and about two dozen drugs, Bloomberg said. Bernie Sanders (VT) and Rep. Elijah Cummings (MD) jointly sent a letter [ PDF ] to Attorney General Loretta Lynch and Federal Trade Commission Chair Edith Ramirez, calling for these agencies to investigate the soaring costs of insulin for diabetes patients. (more...)
UK's Johnson: Court ruling won't interfere with Brexit plans UK's Johnson: Court ruling won't interfere with Brexit plans
- November 05, 2016

Supporters of Brexit have called the lawsuit an attempt to put legal obstacles in the way of enacting the result of the European Union referendum. Germany's foreign minister told his British counterpart Boris Johnson on Friday that Europe would not give Britain an easy ride in Brexit talks, saying his priority was to keep the remaining 27 European Union member states united. (more...)
Encana Corp (ECA) Set to Announce Quarterly Earnings on Thursday Encana Corp (ECA) Set to Announce Quarterly Earnings on Thursday
- November 05, 2016

This means 50% are positive. The stock traded in the last session between $19.66 and $20.33 whereas, it's 52-week High Price is $21.80 with respect to its 52-week Low Price of $16.02. Encana Corp ( TSE:ECA ) traded up 0.83% during trading on Friday, hitting $13.30. As such, for the current quarter the company faces pressure to at least Wall Street EPS estimates. (more...)
What happens if the USA election is close? What happens if the USA election is close?
- November 05, 2016

Which means the former secretary of State crosses the finish line if she captures the Sunshine State and its 29 electoral votes . The good news for Clinton is that about 60 percent of likely Hispanic voters are supporting her, similar to the numbers Obama enjoyed in 2012. (more...)
Economy Watch: Middling Job Creation in October Economy Watch: Middling Job Creation in October
- November 05, 2016

Treasuries ended higher. Professional and business services payrolls rose 43,000. "In order for severe weather conditions to reduce employment estimates", the Labor Department states, "employees have to be off work without pay for the entire pay period". (more...)
Colonial Pipeline to restart Sunday Colonial Pipeline to restart Sunday
- November 05, 2016

In coordination with PHMSA, on September 29, Colonial Pipeline identified the release location following excavation of the pipe. In a statement released earlier this month, Colonial Pipeline noted its system now was operating at normal capacity, adding, "Between late October and mid-November, Colonial will be performing system integrity work to remove the temporary bypass in Alabama and restore Line 1 to service". (more...)
Carney to quit as Bank chief in 2019
- November 05, 2016

Bank of England governor Mark Carney leaves No.10 Downing Street, London, Monday Oct. 31, 2016, after a regular meeting. But he said he was happy to extend the agreement as he recognised "the importance of continuity during the UK's Article 50 negotiations" with the EU. (more...)
Steven Seagal granted Russian citizenship
- November 05, 2016

The Russian president, who's two years his junior, has been a practitioner of judo since he was a teenager and has even written a book on the subject. "It was his wish, he really was asking for citizenship persistently and for quite a long time", said Putin's spokesman, Dmitry Peskov. Seagal does have some Russian roots. (more...)
In final push, Clinton, Trump target different Americas In final push, Clinton, Trump target different Americas
- November 05, 2016

Reuters/Ipsos polling from mid-October found a majority of Americans in OH and Pennsylvania believe global trade benefits Americans by keeping the cost of goods low, although they also think it hurts "average Americans" by depressing wages and causing job losses at home. (more...)
Wall Street slides for ninth straight day Wall Street slides for ninth straight day
- November 05, 2016

Humana was up 2.5 percent at $169.94 after the health insurer reported a higher-than-expected quarterly profit. With the election coming up in less than a week, the October jobs report is likely to give the Federal Reserve enough ammunition to raise interest rates at its December meeting, economists said. (more...)
Cubs fans pack trains, crowd Wrigley Field ahead of parade
- November 05, 2016

Cubs fans should be the ones asking for forgiveness. "I think my boss would have been shocked if I hadn't asked for time off", Brenneman said. Officials expect the Cubs motorcade to arrive in Grant Park around noon for a rally . Chicago will offer a live stream with complete parade coverage beginning at 9 a.m. Friday right here. During the jubilant festivities at the park, 39-year-old retiring Cubs catcher David Ross posed for a selfie in front of a multitude of roaring fans. (more...)
Sterling sees best week since March as 'hard Brexit' fears ease
- November 05, 2016

Most analysts are not expecting another cut owing to the recent outperformance in United Kingdom economic data, but guidance will be key. The UK currency's six-day winning streak is the longest since March. Sterling surged by more than 1 percent on Thursday after a United Kingdom court ruled against government plans to begin the formal process of leaving the European Union without seeking the approval of parliament. (more...)
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...)

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