Markets


US stocks surge after FBI clears Clinton US stocks surge after FBI clears Clinton
- November 08, 2016

Markets just hate uncertainty - and many believe Donald Trump's unpredictability and anti-trade stance could bring lots of uncertainty. The Dow Jones Industrial Average was up 1.5 percent to 18,164.06, while the tech-rich Nasdaq Composite Index gained 2.0 percent to 5,146.08. (more...)
Sanders Slams AT&T-Time Warner Deal Sanders Slams AT&T-Time Warner Deal
- November 08, 2016

HBO and HBO Latin America have a combined seven licenses, and Turner Broadcasting System has 14 licenses. The administration should kill the Time Warner/AT&T merger. "We ought to see how things develop", Wheeler said , declining to say whether the FCC could still have a role if no licenses are transferred. Telecommunications giant AT&T may not be quite the same company as when it stood as the only telephone monopoly in the USA until the 1980s, but a new agreement to acquire Time ... (more...)
Southwest Airlines Co (NYSE:LUV) & Delcath Systems, Inc. (NASDAQ:DCTH) Southwest Airlines Co (NYSE:LUV) & Delcath Systems, Inc. (NASDAQ:DCTH)
- November 08, 2016

Stock monthly performance is recorded as 7.84% while its performance in last 5 sessions is -0.07%. The investment management firm now holds a total of 381,090 shares of Southwest Airlines Co which is valued at $15,094,975. Southwest Airlines had a net margin of 11.09% and a return on equity of 32.51%. Available seat miles (ASMs) increased 5.4 percent to 12.2 billion in October 2016, compared with October 2015 ASMs of 11.6 billion. (more...)
Philadelphia transit on track for Election Day
- November 08, 2016

But with the city providing 900,000 rides a day, it takes hours to get everything back to normal. The workers went on strike November 1 at 12:01 a.m. "We know that the strike has caused a significant hardship for thousands of our riders". We can not thank our customers enough for their patience. Representatives said service would resume partially November 7 on the Market-Frankford Line, Broad Street Line subway, city buses and trolleys, with full service restored in time for Election ... (more...)
Parliament must accept referendum result and deliver Brexit: May
- November 08, 2016

The High Court ruled that the government does not have the power to trigger Article 50 of the EU´s Lisbon Treaty, which would set off a two-year countdown to leaving the bloc, without the prior approval of parliament. We welcome the challenge. May will use her first bilateral trade trip since taking office to try to boost ties with India before Britain leaves the European Union and to pave the way for a free trade deal as soon as possible once Brexit is completed. (more...)
Host Hotels & Resorts, Inc. (NYSE:HST)
- November 08, 2016

A number of other equities analysts also recently commented on the company. A EVP & CFO at Host Hotels & Resorts, Inc. Earnings Overview For Host Hotels & Resorts, Inc. With an institutional ownership near 0%, it carries an earnings per share ratio of 1.07. While it's Return on Investment (ROI) value is 5.9%. The ex-dividend date of this dividend was Wednesday, September 28th. (more...)
Election Day hours extended for Susan B. Anthony's gravesite
- November 08, 2016

But Warren said that Mount Hope Cemetery will remain open until 9 p.m. on Election Day, to reflect the historic inclusion of Democrat Hillary Clinton as the first woman atop the presidential ticket of a major USA political party. "It's very powerful that people are looking back to this woman in history". Fourteen years later, in August 1920, the 19th Amendment was ratified. And while there is no true way to thank Anthony for all she has done for women, the iconic image of voters ... (more...)
Egypt devalues, floats its currency, meeting key International Monetary Fund demand
- November 08, 2016

Egypt and the International Monetary Fund reached a provisional agreement on the $12 billion loan in August, but the IMF's executive board has yet to ratify the loan, which is likely to happen before the end of the year. With tourists deterred by an Islamist insurgency in the country's Eastern Sinai, Egypt has relied on billions of dollars of aid from Gulf monarchies since the ouster of Mubarak. (more...)
Asian Shares Surge as FBI Deciding Not to Charge Clinton Asian Shares Surge as FBI Deciding Not to Charge Clinton
- November 08, 2016

The Nasdaq composite index added 119.80 points, or 2.4 percent, to 5,166.17. SPARKLING DEAL: Blue Nile surged 33.9 percent on news that the online jewelry retailer is being acquired by a group of funds managed by Bank Capital and Bow Street. (more...)
Federal Reserve leaves interest rates unchanged for 7th straight time
- November 08, 2016

When the Fed finally raised rates modestly in December a year ago, most economists and the central bank itself foresaw multiple rate increases in 2016. Near-term risks to the economic outlook appear balance: The near-term risks to the economic outlook appear roughly balanced. But the Fed may be looking to raise rates in December. (more...)
US jobs report today: What you need to know
- November 08, 2016

Employment in other major industries, including mining, construction, manufacturing, wholesale trade, retail trade, transportation and warehousing, information, leisure and hospitality, and government, changed little over the month. The professional and business-services sector, which pays more than $31 an hour on average, added 43,000 jobs; health care and education, which pay almost $26 an hour on average, added 52,000. (more...)
Najeeb Ahmed row: HM Rajnath Singh assures appropriate action Najeeb Ahmed row: HM Rajnath Singh assures appropriate action
- November 08, 2016

Later in September, he was also prescribed the drug Lonazep which is used to treat fits, panic attacks and agoraphobia (fear of public places). "I urge the JNU administration to be sympathetic towards them". Najeeb's mother Fatima Nafees and his family members also met Delhi Police Commissioner Alok Kumar Verma and other senior officers, including special commissioners of police (Law & Order) North and South, joint commissioner of police (Southeast), on Monday, who assured her of all the ... (more...)
California voters mull sex, drugs and plastic bags
- November 08, 2016

Prop 61, called the California Drug Price Relief Act, would stop the state from paying more for a drug than the U.S. Department of Veteran Affairs (V.A.) does. "The simple truth is that the American people are sick and exhausted of paying the highest price in the world for prescription drugs". Drug companies have been telling lots of lulus - like Veterans will pay more if Prop 61 passes, which is not true because veterans' co-pays and VA prices are locked in under federal law. (more...)
Egypt did not have luxury of postponing reforms: PM
- November 08, 2016

The US dollar has reached a new level, being sold at LE16 at Egyptian banks on Sunday, as banks began trading freely for the first time since authorities ditched the currency's peg in a policy shift created to crush a black market and clinch an International Monetary Fund loan. (more...)
Samsung to kill Galaxy S8 Home Button Samsung to kill Galaxy S8 Home Button
- November 08, 2016

Viv, which was founded after its creators sold their previous work to Apple in the form of Siri, offers a natural language understanding, very similar to what you see with Google Assistant . Activation of the new technology that will be located on an exclusive Samsung processor will be via an activation button located on the side of the new device that will not be launched, at next year's Mobile World Congress in Barcelona. (more...)
Royal Bank of Scotland compensates small business customers Royal Bank of Scotland compensates small business customers
- November 08, 2016

Specifically, RBS admitted it could have managed the transfer of customers to the GRG unit better and should have explained any changes to management and sales charges more carefully. RBS responded by appointing Clifford Chance to investigate and it found it could not assess the allegations because it was "difficult to understand" how the bank calculated the fees which it proposed to customers in any particular case. (more...)
China steps in to bar pro-independence advocates from public office
- November 08, 2016

Thus, Xi might not be pleased by what Chinese officials in Hong Kong have been doing, and yet what the NPC ruling has done toward Leung and Yau may not be what Xi wants either, Fan said . The Chinese government condemned the pair and labeled them threats to national security for their advocacy of independence, and officials in Beijing left little doubt in announcing Monday's decision that it was meant to keep them out of office. (more...)
Tesla, SolarCity To Release More Financials Tuesday Ahead Of Merger Vote
- November 08, 2016

The panels look like textured glass tiles, but with integrated solar cells. During his presentation, Musk alternated between a screen placed behind him and two homes (that supposedly were used as sets for popular TV Show Desperate Housewives ) that were installed with Tesla products. (more...)
Egypt prime minister defends painful economic measures
- November 08, 2016

Even the slightest increase stings, he said, as he earns 1,200 pounds ($71) a month, a third of which goes to rent. Egypt and the International Monetary Fund reached a provisional agreement on the $12 billion loan in August, but the IMF's executive board has yet to ratify the loan, which is likely to happen before the end of the year. (more...)
UAE Announces UAE Announces "Historic Agreement" with Hyperloop Technology
- November 08, 2016

It was just a few years that Tesla CEO Elon Musk first pitched the idea of a system of low-pressure steel tubes capable of carrying "floating" pods on air cushions across large swathes of land at very high speeds. Director General & Chairman of the Board of Executive Directors of the RTA, H.E. Matter Al Tayer, commented on the agreement, saying, "In line with the vision of H.H. (more...)

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