Markets


Karnataka Bank Q2 profit up 21% at Rs 124 crore
- November 10, 2016

Total expenses was at Rs 1,753.67 crore versus Rs 1,708.16 crore earlier. The current market cap of the company is Rs. 70168.29 crore. The company has awarded contracts worth Rs 18,094 crore in April-September period this fiscal compared to Rs 10,632 crore a year ago. (more...)
Plekanec's first goal of season lifts Canadiens over Flyers
- November 10, 2016

We had it coming. "¦ The Habs are 6-0-0 at home against the Flyers in their last six games". That goal did come off the stick of Josh Anderson, who had potted his second of the night, and when the final horn sounded, the Blue Jackets hadn't just hung 10 on the Canadiens , they had done so in shutout fashion. (more...)
Colonial Sees Line 1 Restart Saturday After Fatal Explosion Colonial Sees Line 1 Restart Saturday After Fatal Explosion
- November 10, 2016

On Monday, a piece of excavation equipment hit a pipeline near Helena, Ala ., causing a blast that killed one fix worker and injured five others. An Alabama pipeline supplying about one-third of the gasoline, diesel and jet fuel used in the East Coast caught fire and exploded Monday after maintenance workers struck one of the lines with an excavating machine, reports The Wall Street Journal . (more...)
May be photo finish for Measure E with final results May be photo finish for Measure E with final results
- November 10, 2016

Campbell Union High School District has secured more than 66 percent of votes in favor of Measure AA, a $275 million bond measure. The Kentfield School District's Measure B, which would keep an existing parcel tax in place and increase it by $563, to $1,600, appears to be falling short. (more...)
Rallying for Standing Rock
- November 10, 2016

Morton County Sheriff's Department spokesman Rob Keller said the Divergent star was arrested October 10 for criminal trespass and engaging in a riot during a protest at a construction site that involved about 300 people. The group sang and prayed while gathered in a semicircle while law officers watched by armed men from vehicles at a barricade on the other side, from surrounding hillsides and from a helicopter flying overhead. (more...)
What President Trump means for your pocketbook
- November 10, 2016

Donald Trump's shocking upset in the USA presidential race augurs well for healthcare stocks , as industry can expect lower taxes , and deregulation and the dismantling of Obamacare - including the medical device tax. By contrast, the top 1% of earners - those who make $450,000 and up - would get more than $100,000 on average. "Taking Trump's campaign rhetoric at face value, there is reason to believe that the policies he supports could push the USA into a recession and could ... (more...)
Clinton Urges America To Keep Fighting For What's Right
- November 10, 2016

Sen. Tim Kaine, the Democratic candidate for vice president, praised Clinton on Wednesday for winning the popular vote. "This loss hurts, but fighting for what's right was worth it", she said. New Jersey Gov. Chris Christie told NBC that the controversy over birtherism, Trump's lie about President Obama's birthplace in an attempt to undermine the legitimacy of his presidency, would also fade. (more...)
The GOP Pollster Who Predicted Trump's Win
- November 10, 2016

Standing before a crowd of crestfallen but cheering supporters , she said, "This is painful and it will be for a long time". He faces fractures within his own party, too, given the numerous Republicans who wouldn't back him or only tepidly supported his nomination. (more...)
President Obama Calls to Congratulate Newly Elected Donald Trump
- November 10, 2016

After securing his party's nomination, Trump questioned a federal judge's ability to treat him fairly because of the judge's Hispanic origin, repeatedly insulted a Muslim-American family whose son had been killed in Iraq, and got into an extended spat with a former beauty queen, at one point instructing his millions of Twitter followers to "check out" her non-existent sex tape. (more...)
West Virginia records 220275 early voters, a record West Virginia records 220275 early voters, a record
- November 10, 2016

She later called that a "misstatement". One brother is former state GOP chairman Kris Warner, another is former gubernatorial candidate Monty Warner, and a third is Kasey Warner, a former US attorney in the state's southern district. "I just get excited to get back home to see all of these terrific people because we've worked in the trenches for years to change our state, to make sure that we could do everything to allow West Virginia to reach her potential", Morrisey said. (more...)
Thank you, Trump! Your win has delayed much-feared Fed rate hike Thank you, Trump! Your win has delayed much-feared Fed rate hike
- November 10, 2016

As voters cast ballots on Election Day, Chicago Fed President Charles Evans said the Fed would keep an eye on financial market volatility and whether fiscal policies would change after the election. economist Alan Levenson in a note to clients Tuesday night. "Given the Trump victory, will Yellen feel she has to resign her chairmanship of the US Federal Reserve? ". (more...)
Rs 500 & 1000 notes scrapped: High-value notes demonetisation - It's 1978 redux! Rs 500 & 1000 notes scrapped: High-value notes demonetisation - It's 1978 redux!
- November 10, 2016

He said Reserve Bank of India (RBI) will release new currency notes from November 10 onwards. Look for latest news from India in NewsGram . With individuals hunting for smaller denomination notes, banks suggest that you should be ready to wait a while to hand over your old notes and collect up to Rs 4,000, your current entitlement. (more...)
Dow hits record high as stocks rally for 4th day
- November 10, 2016

Tuesday's largest gains came in the health sector, up 3.26 percent; commodities, 2.55 percent; and financial services, 1.64 percent. The Nasdaq composite index fell 30 points, or 0.6 percent, to 5,162. "Serious investors, they really don't pay much attention to that - and they shouldn't". The world watched how the citizens of the United States elected Donald Trump as president in what can be the most surprising and jittery night the country had. (more...)
Trump win rattles world markets, as shares, dollar tumble
- November 10, 2016

During the campaign, Trump threatened to rip up trade deals like the North American Free Trade Agreement. But the lack of clear policy details has left many worldwide uneasy over the future direction of the USA economy. Long-term bond yields were up because Trump used his speech in part to tout plans for more infrastructure spending, "which portends bigger deficits and debt", McBride said. (more...)
Indian diaspora caught out by surprise currency clampdown
- November 10, 2016

All State Bank of India (SBI) branches will remain open on Thursday with extended business hours upto 6 p.m., the bank said on Wednesday. The move is part of a crackdown on corruption and illegal cash holdings, while people will be able to exchange their old notes for new ones at banks over the next 50 days. (more...)
USC set to face balanced Washington offense USC set to face balanced Washington offense
- November 10, 2016

The Huskies (9-0 overall, 6-0 Pac-12) enter the weekend coming off a 66-27 victory at Cal. USC (6-3, 5-2 Pac-12) handled OR 45-20, holding the Ducks to 288 total yards, their lowest total since 2009. These teams are so loaded otherwise that they combine for 12 of the top 136 prospects for the 2017 NFL Draft, according to NFLDraftScout.com. "You just don't know", Trojans cornerback Adoree Jackson said Wednesday. (more...)
Banks issue new Rs 2000, Rs 500 notes, take scrapped currency Banks issue new Rs 2000, Rs 500 notes, take scrapped currency
- November 10, 2016

We don't have enough stock of Rs 2,000 notes. Even as banks asserted that there was no need to panic, they said additional counters will be set up at branch levels to facilitate customers. Over the next couple of days, millions of Indian banking staff will have a tough job tackling irritated and anxious customers waiting in snaking queues to exchange their demonetised currency notes. (more...)
Alexion says investigating Soliris sales practices Alexion says investigating Soliris sales practices
- November 10, 2016

Over the last 3 months and over the last 6 months, the shares of Alexion Pharmaceuticals, Inc . Alexion Pharmaceuticals, Inc . reported a price of 120.05 today, indicating a change of -6.94%. The Germantown, Maryland-based firm stated it had a loss of 24 cents per share. The stock was sold at an average price of $135.28, for a total value of $175,864.00. (more...)
Asia shares, Dow futures sink as Trump leads in vote count Asia shares, Dow futures sink as Trump leads in vote count
- November 10, 2016

US stocks rose sharply on Wednesday in a dramatic turnaround from deep overnight losses as Wall Street embraced the upset presidential election victory of Republican Donald Trump. There's going to be some tax cuts and fiscal stimulus. "Donald Trump as the next US president is unlikely to derail world growth or to impair the current reflation at work across developed economies", Geneva-based Florian Ielpo, head of macroeconomic research at Unigestion SA, which manages $20 billion globally, ... (more...)
Kennedy, Campbell advance to runoff in US Senate race Kennedy, Campbell advance to runoff in US Senate race
- November 10, 2016

Kennedy, the state treasurer, said they're as different as "gumbo and grits". Voters had no shortage of choices Tuesday as they cast ballots in Louisiana's tightly contested U.S. House seats also are on the ballot, including two that are wide open because Boustany and Fleming are running for a promotion to the Senate. Boustany urged Kennedy and Campbell to focus on issues and "get beyond platitudes". (more...)

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