Markets
AT&T buys TIme Warner in a lucrative $85.4 billion deal
- November 08, 2016
A spokesman for Mrs Clinton, the democratic candidate, said there was a lot of information which needed to come out before any conclusions could be reached. "For the last 10 years it's been all about connectivity and content", Traynor said. However, the US Justice Department and not the president is the final arbiter of whether the deal passes muster. (more...)
- November 08, 2016
A spokesman for Mrs Clinton, the democratic candidate, said there was a lot of information which needed to come out before any conclusions could be reached. "For the last 10 years it's been all about connectivity and content", Traynor said. However, the US Justice Department and not the president is the final arbiter of whether the deal passes muster. (more...)
'Resilient' economy defies forecasts of post-Brexit slump
- November 08, 2016
British manufacturing is still struggling, and now faces real uncertainty following the vote to leave the EU. Despite then voting unanimously to hold the rate in September, the majority of members expected to support a further cut in Bank Rate during the course of 2016 to around 0.1%. (more...)
- November 08, 2016
British manufacturing is still struggling, and now faces real uncertainty following the vote to leave the EU. Despite then voting unanimously to hold the rate in September, the majority of members expected to support a further cut in Bank Rate during the course of 2016 to around 0.1%. (more...)
Egyptian pound slides further following floatation
- November 08, 2016
The pound weakened slightly from 15.50 against the dollar on opening to 15.75 in the first 75 minutes. "We bought dollars from the banking system at rates between 14.7 and 16 so it´s already working". Regional investment bank Arqaam Capital said the devaluation could bring $12 billion of foreign money into Egypt's bond market and $4.5 billion into equities - but it estimated this might take a year. (more...)
- November 08, 2016
The pound weakened slightly from 15.50 against the dollar on opening to 15.75 in the first 75 minutes. "We bought dollars from the banking system at rates between 14.7 and 16 so it´s already working". Regional investment bank Arqaam Capital said the devaluation could bring $12 billion of foreign money into Egypt's bond market and $4.5 billion into equities - but it estimated this might take a year. (more...)
Court says dictator Marcos can be buried in heroes' cemetery
- November 08, 2016
The family of late Philippine dictator Ferdinand Marcos has also enjoyed a political comeback since the "People Power" revolution ended his rule in 1986. Burying a dictator accused of massive rights violations and corruption at the heroes' cemetery has always been an emotional and divisive issue in the Philippines, where Marcos was ousted by a "people power" revolt in 1986. (more...)
- November 08, 2016
The family of late Philippine dictator Ferdinand Marcos has also enjoyed a political comeback since the "People Power" revolution ended his rule in 1986. Burying a dictator accused of massive rights violations and corruption at the heroes' cemetery has always been an emotional and divisive issue in the Philippines, where Marcos was ousted by a "people power" revolt in 1986. (more...)
German factory orders unexpectedly drop 0.6 pct in September
- November 08, 2016
German factory production dropped in September, giving up some of its gains from the previous month for an overall flat performance in the third quarter. "The brightening of sentiment indicators points to a certain recovery of the industrial sector over the rest of the year", it added. ING Bank said in a note to clients that the data reflected the reality of a sector that had been weak for nearly three years, booking an average monthly growth of 0.1 percent over the first nine months of this ... (more...)
- November 08, 2016
German factory production dropped in September, giving up some of its gains from the previous month for an overall flat performance in the third quarter. "The brightening of sentiment indicators points to a certain recovery of the industrial sector over the rest of the year", it added. ING Bank said in a note to clients that the data reflected the reality of a sector that had been weak for nearly three years, booking an average monthly growth of 0.1 percent over the first nine months of this ... (more...)
US stock market notches biggest gain in 8 months; oil rises
- November 08, 2016
While polls last week showed Trump had been closing the gap, at least five major polls on Monday showed Clinton still had the lead in the race for the White House. The dollar fell to 18.60 Mexican pesos per dollar from 19.03. The price of oil is coming off a six-day losing streak. ENERGY: U.S. benchmark crude oil was up 45 cents, or 1 per cent, at $44.51 a barrel in NY. (more...)
- November 08, 2016
While polls last week showed Trump had been closing the gap, at least five major polls on Monday showed Clinton still had the lead in the race for the White House. The dollar fell to 18.60 Mexican pesos per dollar from 19.03. The price of oil is coming off a six-day losing streak. ENERGY: U.S. benchmark crude oil was up 45 cents, or 1 per cent, at $44.51 a barrel in NY. (more...)
Brexit Minister Davis: Parliamentary Vote to be Held Before Brexit Happens
- November 08, 2016
May wants government, not parliament, to shape Britain's approach to leaving the European Union and has said she will appeal the ruling in Britain's highest court - a stance her ministers and aides stuck to on Monday, avoiding any comment on the report. (more...)
- November 08, 2016
May wants government, not parliament, to shape Britain's approach to leaving the European Union and has said she will appeal the ruling in Britain's highest court - a stance her ministers and aides stuck to on Monday, avoiding any comment on the report. (more...)
Smith & Wesson Holding Corporation (NASDAQ:SWHC) Consensus EPS Outlook
- November 08, 2016
Smith & Wesson Holding Corporation (NASDAQ:SWHC) is projected to declare fiscal second quarter financial results right before the stock market's official open on December 01, 2016. During the same quarter a year ago, the company posted $0.32 EPS. During the same quarter in the previous year, the company posted $0.32 EPS. Roble Belko Company Inc added new position in Smith & Wesson Holding Corp during the most recent quarter end. (more...)
- November 08, 2016
Smith & Wesson Holding Corporation (NASDAQ:SWHC) is projected to declare fiscal second quarter financial results right before the stock market's official open on December 01, 2016. During the same quarter a year ago, the company posted $0.32 EPS. During the same quarter in the previous year, the company posted $0.32 EPS. Roble Belko Company Inc added new position in Smith & Wesson Holding Corp during the most recent quarter end. (more...)
Cam Newton blasts officials for 'taking the fun out of the game'
- November 08, 2016
It's not even that Newton and the offense played poorly, but that vaunted defense minus Josh Norman got torched by a washed up Drew Brees. "And enough is enough". Newton said he was going to talk to the National Football League and commissioner Roger Goodell, and Rivera says the Panthers already have this season. (more...)
- November 08, 2016
It's not even that Newton and the offense played poorly, but that vaunted defense minus Josh Norman got torched by a washed up Drew Brees. "And enough is enough". Newton said he was going to talk to the National Football League and commissioner Roger Goodell, and Rivera says the Panthers already have this season. (more...)
Speaker Ryan says Clinton still compromised national security
- November 08, 2016
The House speaker's relationship with Trump has been lukewarm at best. "The American people have the opportunity to ensure Secretary Clinton never gets her hands on classified information again", Ryan said. Clinton has presented more scandals than fresh ideas, according to the Wisconsin Republican, and slammed her for referring to a large portion of the country as "deplorables". (more...)
- November 08, 2016
The House speaker's relationship with Trump has been lukewarm at best. "The American people have the opportunity to ensure Secretary Clinton never gets her hands on classified information again", Ryan said. Clinton has presented more scandals than fresh ideas, according to the Wisconsin Republican, and slammed her for referring to a large portion of the country as "deplorables". (more...)
Public transit workers in Philadelphia go on strike as contract expires
- November 08, 2016
Though RR is SEPTA's only system now operating in full during the strike that went into effect Tuesday morning, Transit Workers Union members were picketing on the rail tracks, creating delays and stoppages on the train lines as early as 4 p.m. (more...)
- November 08, 2016
Though RR is SEPTA's only system now operating in full during the strike that went into effect Tuesday morning, Transit Workers Union members were picketing on the rail tracks, creating delays and stoppages on the train lines as early as 4 p.m. (more...)
Uber loses right to classify United Kingdom drivers as self-employed
- November 08, 2016
The GMB brought two test cases to the Central London Employment Tribunal on 20 July and the union has described today's ruling as a "monumental victory". However, it also means that, because Uber does not consider its drivers to be workers, the company does not provide them with basic workers' rights such as the national minimum wage and holiday pay. (more...)
- November 08, 2016
The GMB brought two test cases to the Central London Employment Tribunal on 20 July and the union has described today's ruling as a "monumental victory". However, it also means that, because Uber does not consider its drivers to be workers, the company does not provide them with basic workers' rights such as the national minimum wage and holiday pay. (more...)
ICICI Bank Net Profit Up On Tax Gains But Bad Loans Rise
- November 08, 2016
Net NPAs, too, moved up to 9.94 per cent, from 5.59 per cent a year ago. The "drill down" list is a list of sub-investment grade accounts. Net interest income last quarter was nearly flat from a year earlier at 52.53 billion rupees, although the bank's tax expenses fell 62% to 4.51 billion rupees. (more...)
- November 08, 2016
Net NPAs, too, moved up to 9.94 per cent, from 5.59 per cent a year ago. The "drill down" list is a list of sub-investment grade accounts. Net interest income last quarter was nearly flat from a year earlier at 52.53 billion rupees, although the bank's tax expenses fell 62% to 4.51 billion rupees. (more...)
Japan: Sinkhole swallows parts of street, cutting off power, water, gas supplies
- November 08, 2016
The police and the city are investigating to determine if the sinkhole was caused by the work. "I went outside and saw a huge hole". Authorities have evacuated buildings in a Japanese city after a giant sinkhole appeared prompting concerns for surrounding buildings . (more...)
- November 08, 2016
The police and the city are investigating to determine if the sinkhole was caused by the work. "I went outside and saw a huge hole". Authorities have evacuated buildings in a Japanese city after a giant sinkhole appeared prompting concerns for surrounding buildings . (more...)
Britain's M&S to close stores as profits fall
- November 08, 2016
Other stores would be re-located. M&S, a mainstay of the United Kingdom high street, reported net profit of £16.9 million ($20.96 million) for the six months to October 1 compared with £172.7 million in the first half of previous year as the company was weighed down by pensions costs. (more...)
- November 08, 2016
Other stores would be re-located. M&S, a mainstay of the United Kingdom high street, reported net profit of £16.9 million ($20.96 million) for the six months to October 1 compared with £172.7 million in the first half of previous year as the company was weighed down by pensions costs. (more...)
Jay Z "Trump can not be my President" - Rapper
- November 08, 2016
Trump campaign manager Kellyanne Conway also tweeted out an attack against Clinton, calling her a hypocrite for her criticism of Trump's language. Five days before the presidential election, Democratic nominee Hillary Clinton hung out with the king and queen. (more...)
- November 08, 2016
Trump campaign manager Kellyanne Conway also tweeted out an attack against Clinton, calling her a hypocrite for her criticism of Trump's language. Five days before the presidential election, Democratic nominee Hillary Clinton hung out with the king and queen. (more...)
Following NY loss, Marshall keeps complaining about Maxwell
- November 08, 2016
HOBBLED QB: The Jets' Ryan Fitzpatrick was limping after another shaky game, which included two costly interceptions and two fumbles when he was sacked by Cameron Wake. Next, up for the Dolphins (4-4), they will go on a two-game road trip to California as they will face the San Diego Chargers and then Los Angeles Rams the week after. (more...)
- November 08, 2016
HOBBLED QB: The Jets' Ryan Fitzpatrick was limping after another shaky game, which included two costly interceptions and two fumbles when he was sacked by Cameron Wake. Next, up for the Dolphins (4-4), they will go on a two-game road trip to California as they will face the San Diego Chargers and then Los Angeles Rams the week after. (more...)
Activists protest Dakota Access Pipeline in Halifax
- November 08, 2016
A federal appeals court in October backed a lower court's ruling that construction can proceed in the face of challenges to the extent of U.S. Army Corps of Engineers consultation with tribal groups concerned about the sanctity of sacred sites. (more...)
- November 08, 2016
A federal appeals court in October backed a lower court's ruling that construction can proceed in the face of challenges to the extent of U.S. Army Corps of Engineers consultation with tribal groups concerned about the sanctity of sacred sites. (more...)
Asian shares surge as Federal Bureau of Investigation deciding not to charge Clinton
- November 08, 2016
The decision shattered what had appeared to be Clinton's solid grip on the race and emboldened Republican Donald Trump . "We're glad this matter is resolved", Clinton campaign spokesperson Jennifer Palmieri said. That disclosure, made over the objections of the Justice Department, roiled the presidential race in its final days and revived an issue that the Clinton campaign thought had ended over the summer when the investigation closed without charges. (more...)
- November 08, 2016
The decision shattered what had appeared to be Clinton's solid grip on the race and emboldened Republican Donald Trump . "We're glad this matter is resolved", Clinton campaign spokesperson Jennifer Palmieri said. That disclosure, made over the objections of the Justice Department, roiled the presidential race in its final days and revived an issue that the Clinton campaign thought had ended over the summer when the investigation closed without charges. (more...)
Hillary, Trump make final push before elections
- November 08, 2016
The FBI said the new emails were duplicates of others it had already examined or personal emails unrelated to Clinton.The Clinton campaign voiced relief that the issue had been resolved in her favour, but Trump rejected the finding as illegitimate. (more...)
- November 08, 2016
The FBI said the new emails were duplicates of others it had already examined or personal emails unrelated to Clinton.The Clinton campaign voiced relief that the issue had been resolved in her favour, but Trump rejected the finding as illegitimate. (more...)
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Tarullo Says Weak Inflation Clouding Fed's Rate-Hike Outlook