Markets


US claims for jobless aid hit highest level since August
- November 05, 2016

Filings for unemployment benefits have been below 300,000 for 87 straight weeks - the longest streak since 1970 and a level typical for a healthy labor market. Job cuts in October were concentrated in the computer industry, where employers announced 4,792 layoffs. Yet the latest report could signal that wage gains are picking up, putting more pressure on the Fed to act next month. (more...)
What are Analysts Expecting for EQT Midstream Partners, LP (NYSE:EQM) Earnings? What are Analysts Expecting for EQT Midstream Partners, LP (NYSE:EQM) Earnings?
- November 05, 2016

Zacks Investment Research downgraded American Midstream Partners from a "hold" rating to a "sell" rating in a report on Tuesday, October 11th. Goldman Sachs Group Inc. The company earned $620 million during the quarter, compared to analyst estimates of $722.50 million. SMLP's profit will be $4.77 million for 78.04 P/E if the $0.07 EPS becomes a reality. (more...)
BoE's Carney: broad-brush view of United Kingdom economy hasn't changed BoE's Carney: broad-brush view of United Kingdom economy hasn't changed
- November 05, 2016

The Bank of England has kept interest rates on hold and raised its economic outlook for this year and next, but warned that tough times still lie ahead with lagging growth and a jump in inflation set for 2018. The 10-year government bond yield shot higher after the decision to peak at 1.258 percent. "It's no surprise to find economic forecasts wobbling all over the place right now, they are always prone to error and particularly fallible at the moment due to the enormity of the Brexit ... (more...)
Watch Chicago Get the World Series Parade It's Waited 108 Years For
- November 05, 2016

The basketball player spent the past week cheering along for his hometown baseball heroes, the Indians, during the 2016 World Series. On Thursday, the hashtag #CubsWin trended across the United States. In other words, it was not expected to happen at all. And he could have had no idea of the impact that win would have on the fans of the Cubs . People all over America are celebrating the victory on social media. (more...)
Sell-side Taking Aim at Shares of Walt Disney Co (NYSE:DIS)
- November 05, 2016

The company traded a volume of 6.72 million shares under average volume of 7.53 million shares. The firm has "Buy" rating by Topeka Capital Markets given on Friday, July 24. Company latest quarter ended on 30 Sep 2016. The Company has average brokerage recommendation (ABR) of 2.67 based on consensus of the ZACKS brokerage firms. (more...)
Number of Absentee Ballots Up from 2012, 2008 Number of Absentee Ballots Up from 2012, 2008
- November 05, 2016

The early vote total far outpaces the 267,000 absentee ballots cast in 2012. Voters can choose to mail their ballots or drop them in the red box outside of Livonia City Hall, 33000 Civic Center Dr. With this being the first presidential election since Colorado moved to mail ballot elections, there is a level of uncertainty on how the top of the ticket race will impact turnout and voters' habits. (more...)
About 13 percent of registered Minnesota voters have already cast ballots About 13 percent of registered Minnesota voters have already cast ballots
- November 05, 2016

The turnout for early voting is breaking records in Travis County and across Texas. If your vote-by-mail ballot never arrived, or you lost it, you can still vote provisionally. In North Carolina - a state Romney won in 2012- the Clinton campaign conceded that while Latino early votes were up, African American turnout was still slightly below where it was for Obama in 2012. (more...)
Tesla chief Elon Musk unveils solar roof tiles
- November 05, 2016

Elon musk unveiled the new solar panel house tiles during an event at Universal Studios in LA on October 28th. Elon Musk , the head of Tesla , presented another revolutionary product. An electrical vehicle, a Powerwall and a solar roofing. If there were any doubts that Tesla is a company in the housing materials business community, this should be the end of those doubts. (more...)
Here's How to Livestream the Cubs World Series Parade Here's How to Livestream the Cubs World Series Parade
- November 05, 2016

Fans packed morning commuter trains, causing delays despite increased service and capacity, while draped in the Cubs' white and blue "W" victory flags before 7 a.m. "There's parades, and people talk about it more on the radio and TV". Per Josh Peter of USA Today , spokesman Frank Murtha said the following Thursday regarding Bartman's reaction to the Cubbies ending their 108-year title drought: "He was just overjoyed that the Cubs won, as all the Cubs fans are". (more...)
NRG Energy profits rise on asset sales NRG Energy profits rise on asset sales
- November 05, 2016

The company's revenue was down 10.9% on a year-over-year basis. The stock is now set to eclipse its 10-week moving average, which has served as resistance for the shares since July. A SVP, Chief Accounting Offficer in the company, Callen David, on Friday May 20, 2016 collected $30,520 from the sale of 1,968 shares at a per-share price of $17.24. (more...)
United States economy creates 161000 jobs in October
- November 05, 2016

Much of the area's payroll growth in the past year has come from 2,600 jobs added in the health care and retail industries, somewhat offset by a 1,400-employee decline in the professional and business services sector. On Wednesday, policy makers at the US Federal Reserve chose to keep interest rates on hold, which means rates have not moved in nearly a year. The Fed raised borrowing costs last December for the first time in almost a decade. (more...)
Fuel Line Explosion Prompts Alabama State Of Emergency Fuel Line Explosion Prompts Alabama State Of Emergency
- November 05, 2016

The 5,500-mile pipeline system carries more than 100 million gallons of fuel a day from Houston to New Jersey and serves 13 states in the South and on the East Coast. "At this time, we anticipate Line 1 remaining down for the remainder of this week", the company said in a statement released Tuesday. Colonial executive Gerald Beck said a nine-man crew was using a track hoe to excavate the pipeline as part of preparation work so permanent repairs of the September leak could be made. (more...)
Whole Foods Market Inc. (WFM) Receives Whole Foods Market Inc. (WFM) Receives "Underperform" Rating from BMO Capital Markets
- November 05, 2016

Top-level EPS estimate is set at $0.24 while low-level EPS estimate among analysts is focused at $0.21. Whole Foods Market, Inc . has a 52 week low of $27.67 and a 52 week high of $35.58 with a P/E ratio of 19.99 The company's market cap is now $0. (more...)
Analyst Review: Monster Beverage Corporation (NASDAQ:MNST) Analyst Review: Monster Beverage Corporation (NASDAQ:MNST)
- November 05, 2016

Revenue climbed 4.1% to $788 million. This was up from $756.62 million past year. The company said its bottom line came in at $191.64 million, or $0.99 per share. Finally, RBC Capital Markets reissued an "outperform" rating and issued a $190.00 price objective (up from $166.00) on shares of Monster Beverage Corp.in a report on Wednesday, August 10th. (more...)
FBI email probe should not 'operate on innuendo' - Obama FBI email probe should not 'operate on innuendo' - Obama
- November 05, 2016

The Quinnipiac poll was conducted between October 27 and November 1, which means it captured whatever political fallout may have resulted from the October 28 news that the FBI had discovered additional emails that could have relevance to their previous investigation into Clinton's use of a private email server. (more...)
Elizabeth Warren in Pittsburgh to stump for Clinton, McGinty
- November 05, 2016

The GOP is struggling to keep its 54-46 Senate majority, and the race could tip control to Democrats. Pat Toomey are getting campaign help from US senators coming in from other states. Toomey leads by 1.8 percentage points in the realclearpolitics.com polling average. "When she funneled money to a firm that had her husband on the payroll, the state ethics commission ruled unanimously that that conduct was a violation of Pennsylvania ethics law", retorted Toomey. (more...)
Wedbush Begins Coverage on Dick's Sporting Goods Inc. (DKS) Wedbush Begins Coverage on Dick's Sporting Goods Inc. (DKS)
- November 05, 2016

Finally, Deutsche Bank AG raised shares of Big 5 Sporting Goods Corp. from a "hold" rating to a "buy" rating and dropped their price target for the stock from $16.50 to $10.00 in a research report on Thursday, October 6th. Cleveland Research upgraded shares of Dick's Sporting Goods from a neutral rating to a buy rating and set a $59.00 target price on the stock in a research report on Friday, August 5th. (more...)
Zipcar making more than 300 cars free on election night Zipcar making more than 300 cars free on election night
- November 05, 2016

In other Election Day news, users who open the app of Zipcar's ride-sharing competitor Uber this Tuesday will be prompted to type in the address where they're registered to vote. The Philadelphia suburbs could play a key role in clinching the state of Pennsylvania for Hillary Clinton , according to a recent poll. Members can reserve free Zipcars on the mobile app or online and prospective members can join instantly by downloading the app. (more...)
Tech Billionaire Thiel Says Trump Movement 'Not Going Away' Tech Billionaire Thiel Says Trump Movement 'Not Going Away'
- November 05, 2016

The tech billionaire spoke publicly again on his support for the Trump at the National Press Club in Washington on Monday, and delved into why the GOP nominee has gained a strong following, despite flaws from both parties. Thiel critics have also railed against Facebook CEO Mark Zuckerberg for allowing Thiel to remain on Facebook's board of directors. Read: Peter Thiel admits to one-man Gawker crusade; reaction is horror, applause. (more...)
Trump, Clinton plan dueling New York election night parties
- November 05, 2016

Among 1,772 people who have either voted already or were identified as likely voters in the November 8 election, 45 percent said they supported Clinton, while 39 percent said they backed Trump. "That's not what we need in our country, folks". The NAACP filed the lawsuit, arguing that boards of elections in Beaufort, Moore and Cumberland counties have canceled thousands of voter registrations after a small number of individuals challenged the registration of approximately 4,500 voters based ... (more...)

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