Markets
Acadia Pharmaceuticals Inc. (ACAD) Receives Hold Rating from Leerink Swann
- November 10, 2016
Cowen and Company reaffirmed an outperform rating and issued a $42.00 target price on shares of Acadia Pharmaceuticals in a research report on Monday, October 17th. The company's revenue was up 13489.7% compared to the same quarter previous year. On average, analysts forecast that Acadia Pharmaceuticals will post ($2.17) earnings per share for the current year. (more...)
- November 10, 2016
Cowen and Company reaffirmed an outperform rating and issued a $42.00 target price on shares of Acadia Pharmaceuticals in a research report on Monday, October 17th. The company's revenue was up 13489.7% compared to the same quarter previous year. On average, analysts forecast that Acadia Pharmaceuticals will post ($2.17) earnings per share for the current year. (more...)
Freeport-McMoRan Inc.'s (FCX)
- November 10, 2016
Freeport-McMoRan Inc. got Upgrade on 3-Oct-16 where investment firm Deutsche Bank Upgrade the stock from Hold to Buy. FCX's net income attributable to common stock for third-quarter 2016 includes net gains of $39 million, $0.03 per share, primarily reflecting net tax credits, partly offset by the impairment of oil and gas properties. (more...)
- November 10, 2016
Freeport-McMoRan Inc. got Upgrade on 3-Oct-16 where investment firm Deutsche Bank Upgrade the stock from Hold to Buy. FCX's net income attributable to common stock for third-quarter 2016 includes net gains of $39 million, $0.03 per share, primarily reflecting net tax credits, partly offset by the impairment of oil and gas properties. (more...)
Chicago O'Hare International Airport: American Airlines 767 caught fire on runway
- November 10, 2016
Chicago fire officials said on the department's Twitter account that there was an extra-alarm emergency response at the airport for an "aircraft down". Seperately, a FedEx plane caught fire Friday evening while landing at the Fort Lauderdale-Hollywood International Airport. The NTSB expects to be on scene investigating for several days. (more...)
- November 10, 2016
Chicago fire officials said on the department's Twitter account that there was an extra-alarm emergency response at the airport for an "aircraft down". Seperately, a FedEx plane caught fire Friday evening while landing at the Fort Lauderdale-Hollywood International Airport. The NTSB expects to be on scene investigating for several days. (more...)
Markets Right Now: Stocks mostly lower at midday, except Dow
- November 10, 2016
At one point in the night, futures markets suggested the Dow Jones Industrial Average would start the day down 1,000 points , worse than the worst days of the 2008 financial crisis. Investors also were concerned about the effect of Trump's victory on global trade. Investors turned to assets that are seen as safer bets in times of uncertainty. (more...)
- November 10, 2016
At one point in the night, futures markets suggested the Dow Jones Industrial Average would start the day down 1,000 points , worse than the worst days of the 2008 financial crisis. Investors also were concerned about the effect of Trump's victory on global trade. Investors turned to assets that are seen as safer bets in times of uncertainty. (more...)
China bars two Hong Kong lawmakers from office
- November 10, 2016
The would-be lawmakers have "hit the bottom line" of the city's guaranteed autonomy and "posed a grave threat to national sovereignty and security", Xinhua cited the National People's Congress Standing Committee as saying late Saturday. "It [the decision] will aggravate many people, especially young people", she said. On the 15th, many social groups in Hong Kong organised a march "against Hong Kong independence and again separatism" in Tsim Sha Tsui, opposing the radical demonstrations ... (more...)
- November 10, 2016
The would-be lawmakers have "hit the bottom line" of the city's guaranteed autonomy and "posed a grave threat to national sovereignty and security", Xinhua cited the National People's Congress Standing Committee as saying late Saturday. "It [the decision] will aggravate many people, especially young people", she said. On the 15th, many social groups in Hong Kong organised a march "against Hong Kong independence and again separatism" in Tsim Sha Tsui, opposing the radical demonstrations ... (more...)
Huge queues gather outside banks to exchange old Rs 500, 1000 notes
- November 10, 2016
Not everyone returned with their pockets full though since a few were turned down due to unavailability of cash. Following the decision by the Union government to ban Rs 500 and Rs 1,000 notes and introduce Rs 2 ,000 notes, banks are looking to reconfiguring their ATMs. (more...)
- November 10, 2016
Not everyone returned with their pockets full though since a few were turned down due to unavailability of cash. Following the decision by the Union government to ban Rs 500 and Rs 1,000 notes and introduce Rs 2 ,000 notes, banks are looking to reconfiguring their ATMs. (more...)
Shares stage swift rebound as markets shake off Trump fears
- November 10, 2016
TRUMP BOUNCE: The upcoming Trump presidency, which will commence on January 20, triggered a strong rally on Wednesday that carried into early trading on Thursday. Asian markets also rebounded sharply (http://www.marketwatch.com/story/nikkei-bounces-back-strongly-as-asian-markets-rebound-2016-11-09). "People are starting to realize that a Trump presidency is not the end of the world". (more...)
- November 10, 2016
TRUMP BOUNCE: The upcoming Trump presidency, which will commence on January 20, triggered a strong rally on Wednesday that carried into early trading on Thursday. Asian markets also rebounded sharply (http://www.marketwatch.com/story/nikkei-bounces-back-strongly-as-asian-markets-rebound-2016-11-09). "People are starting to realize that a Trump presidency is not the end of the world". (more...)
Massive Queues At Banks, Millions Rush To Exchange Banned Notes
- November 10, 2016
Indians crowd a gas station, one of the few places still accepting the high denomination 1000 and 500 currency notes, in New Delhi , India, Tuesday, Nov. In Kolkata, people feared that there might not be adequate supply of new notes. Bank employees are having a tough time to manage the customers. The 500 and 1,000 notes, which are worth around $7.50 and $15, are the largest notes in use in India which is still a heavily cash-intensive economy. (more...)
- November 10, 2016
Indians crowd a gas station, one of the few places still accepting the high denomination 1000 and 500 currency notes, in New Delhi , India, Tuesday, Nov. In Kolkata, people feared that there might not be adequate supply of new notes. Bank employees are having a tough time to manage the customers. The 500 and 1,000 notes, which are worth around $7.50 and $15, are the largest notes in use in India which is still a heavily cash-intensive economy. (more...)
Rubio Defends FBI Director Comey
- November 10, 2016
A view shared by many at the media mogul's rally in Virginia. Last night we saw flashes of the "old Trump " again on the stump - the one who hasn't been on show much for the closing days of the election. "Based on our review, we have not changed our conclusions that we expressed in July with respect to Secretary Clinton", Comey told leaders of the US Congress in a letter . (more...)
- November 10, 2016
A view shared by many at the media mogul's rally in Virginia. Last night we saw flashes of the "old Trump " again on the stump - the one who hasn't been on show much for the closing days of the election. "Based on our review, we have not changed our conclusions that we expressed in July with respect to Secretary Clinton", Comey told leaders of the US Congress in a letter . (more...)
F1: Lewis Hamilton Wins the F1 Mexican Grand Prix
- November 10, 2016
Rosberg can clinch his maiden drivers' title if he wins the Brazilian Grand Prix at Interlagos, a circuit on which Hamilton has never won, on November 13. "I turned up to do the job and I'm going to try to do the same thing as I did last week here". "I had a good feeling with the vehicle, actually, all weekend". (more...)
- November 10, 2016
Rosberg can clinch his maiden drivers' title if he wins the Brazilian Grand Prix at Interlagos, a circuit on which Hamilton has never won, on November 13. "I turned up to do the job and I'm going to try to do the same thing as I did last week here". "I had a good feeling with the vehicle, actually, all weekend". (more...)
Golden Age for United Kingdom and China
- November 10, 2016
Speaking after talks with Chinese Vice Premier Ma Kai, Mr Hammond said: "We have discussed the challenges of the steel industry, but I have discussed them many times with Chinese interlocutors, not only in this role but in my previous role as Foreign Secetary". (more...)
- November 10, 2016
Speaking after talks with Chinese Vice Premier Ma Kai, Mr Hammond said: "We have discussed the challenges of the steel industry, but I have discussed them many times with Chinese interlocutors, not only in this role but in my previous role as Foreign Secetary". (more...)
Notable Moving Stock: American Airlines Group, Inc. (NASDAQ:AAL)
- November 10, 2016
A number of other research firms have also recently commented on AAL. American Airlines Group Inc. on 9/30/2016 reported its EPS as $1.76 with the analysts projecting the EPS of the stock as $1.69. was downgraded to "market perform" by analysts at Raymond James. 4 given Buy rating to the stock whereas 3 analysts given UNDERPERFORM rating to stock and 5 analysts given HOLD rating. (more...)
- November 10, 2016
A number of other research firms have also recently commented on AAL. American Airlines Group Inc. on 9/30/2016 reported its EPS as $1.76 with the analysts projecting the EPS of the stock as $1.69. was downgraded to "market perform" by analysts at Raymond James. 4 given Buy rating to the stock whereas 3 analysts given UNDERPERFORM rating to stock and 5 analysts given HOLD rating. (more...)
Treasuries Plunge as Traders Boost Inflation Bets on Trump Win
- November 10, 2016
Government bond prices are falling around the world at the fastest pace in more than year Thursday, lifting benchmark yields to multi-month highs as investors prepare for what could be the biggest peacetime spending spree in USA history. While it is still uncertain how Trump's policies will impact the U.S. economy, let alone Europe's, markets appear to remain confident that the U.S. (more...)
- November 10, 2016
Government bond prices are falling around the world at the fastest pace in more than year Thursday, lifting benchmark yields to multi-month highs as investors prepare for what could be the biggest peacetime spending spree in USA history. While it is still uncertain how Trump's policies will impact the U.S. economy, let alone Europe's, markets appear to remain confident that the U.S. (more...)
Congressional Candidate Shot With Rubber Bullet While Interviewing Dakota Pipeline Protesters
- November 10, 2016
The Dakota Access Pipeline Project is an approximate 1,172-mile, 30-inch diameter oil pipeline that will go from North Dakota to Patoka, Illinois. The federal government in September ordered a temporary halt to construction on Army Corps of Engineers land around and beneath the lake while the agency reviews its permitting of the project. (more...)
- November 10, 2016
The Dakota Access Pipeline Project is an approximate 1,172-mile, 30-inch diameter oil pipeline that will go from North Dakota to Patoka, Illinois. The federal government in September ordered a temporary halt to construction on Army Corps of Engineers land around and beneath the lake while the agency reviews its permitting of the project. (more...)
Toblerone change sparks social media backlash
- November 10, 2016
Many were shocked to find that the gap between chocolate peaks has doubled as the company states that the prices of ingredients have meant there needed to be a change. Mondelez said its production costs jumped in Switzerland due to the significant drop of the euro against the Swiss franc in January 2015. The company claimed it was "experiencing higher costs for numerous ingredients " and it was forced into altering the shape to ensure it remains "affordable". (more...)
- November 10, 2016
Many were shocked to find that the gap between chocolate peaks has doubled as the company states that the prices of ingredients have meant there needed to be a change. Mondelez said its production costs jumped in Switzerland due to the significant drop of the euro against the Swiss franc in January 2015. The company claimed it was "experiencing higher costs for numerous ingredients " and it was forced into altering the shape to ensure it remains "affordable". (more...)
AstraZeneca upbeat about pipeline for new drugs
- November 10, 2016
Shire and Glaxosmithkline were up 5% and 0.3% respectively amid fears that a Hillary Clinton triumph would have unleashed crackdown on the pharmaceutical industry in a bid to tackle drug price gouging. This meant core earnings per share rose by 28% to $1.32. The firm announced in August that it had signed a 1.6 billion United States dollar (£1.2 billion) deal to sell part of its antibiotics business to fellow pharmaceuticals giant Pfizer. (more...)
- November 10, 2016
Shire and Glaxosmithkline were up 5% and 0.3% respectively amid fears that a Hillary Clinton triumph would have unleashed crackdown on the pharmaceutical industry in a bid to tackle drug price gouging. This meant core earnings per share rose by 28% to $1.32. The firm announced in August that it had signed a 1.6 billion United States dollar (£1.2 billion) deal to sell part of its antibiotics business to fellow pharmaceuticals giant Pfizer. (more...)
Manulife Financial Corp profit soars 79.6% on investment gains
- November 10, 2016
Several other equities research analysts also recently weighed in on MFC. Barclays PLC reduced their target price on shares of Manulife Financial Corp. Institutional investors have recently made changes to their positions in the stock. NN Investment Partners Holdings N.V. now owns 133,898 shares of the company's stock worth $1,831,000 after buying an additional 2,506 shares during the last quarter. (more...)
- November 10, 2016
Several other equities research analysts also recently weighed in on MFC. Barclays PLC reduced their target price on shares of Manulife Financial Corp. Institutional investors have recently made changes to their positions in the stock. NN Investment Partners Holdings N.V. now owns 133,898 shares of the company's stock worth $1,831,000 after buying an additional 2,506 shares during the last quarter. (more...)
World markets take wild ride in wake of Trump win
- November 10, 2016
Brent crude, used to price global oils, was down 14 cents at $45.90 a barrel in London . Investors are still assessing the long-term impact of a Trump presidency on world oil supply and demand. "Until Trump takes control of the White House and starts to work more concretely with Republicans in fleshing out some of the global policy regarding trade, that's when we might see some issues take a more concrete form", he said. (more...)
- November 10, 2016
Brent crude, used to price global oils, was down 14 cents at $45.90 a barrel in London . Investors are still assessing the long-term impact of a Trump presidency on world oil supply and demand. "Until Trump takes control of the White House and starts to work more concretely with Republicans in fleshing out some of the global policy regarding trade, that's when we might see some issues take a more concrete form", he said. (more...)
Dow futures plunge as Trump's chances brighten
- November 10, 2016
It turns out that President Donald Trump may not be bad for the stock market after all. "Dollar/yen is getting positive support from the turnaround in USA stocks, positive support from the yield spreads and generally speaking we're seeing pretty consistent price action across these different markets". (more...)
- November 10, 2016
It turns out that President Donald Trump may not be bad for the stock market after all. "Dollar/yen is getting positive support from the turnaround in USA stocks, positive support from the yield spreads and generally speaking we're seeing pretty consistent price action across these different markets". (more...)
Mexican peso tumbles as Trump wins
- November 10, 2016
US stocks are expected to open lower , too, though by far less than earlier predicted. Not only would U.S. -Mexico trade be affected under a Trump presidency, but if his rhetoric holds regarding deporting the millions of workers who are in the U.S. (more...)
- November 10, 2016
US stocks are expected to open lower , too, though by far less than earlier predicted. Not only would U.S. -Mexico trade be affected under a Trump presidency, but if his rhetoric holds regarding deporting the millions of workers who are in the U.S. (more...)