Markets


Chinese e-shoppers spend billions on Singles Day
- November 11, 2016

If the event were to go worldwide, he claimed, it made sense for Alibaba to register the name before any major foreign companies did so. More than $7 billion of gross merchandise volume (GMV) was settled through Alipay on Alibaba's China and global retail marketplaces within the first two hours on what has become the world's biggest online shopping event, which kicked off at 12 a.m.in China, on November 10. (more...)
Japan finance officials in emergency talks after USA election
- November 11, 2016

On Wall Street , health care sector companies led the gainers, surging 2.8 percent. In overnight trading, the Canadian dollar dipped more than a full cent against the greenback at one point. The DAX in Germany was only down 0.7% while the FTSE 100 in London was off 0.1%. In Asia, shares posted hefty gains as they responded to the optimism recorded in Europe and the US the day before. (more...)
Why were the election polls so off?
- November 11, 2016

As for the moderates, the candidates seem to have split the vote, with more siding with Trump at 49% and 44% siding with Clinton. "Donald Trump is going to be our president", she said at the New Yorker Hotel in Manhattan. On top of that, the revelations took place while many votes were already being cast. But on Wednesday , he said he was "excited" about working with him. (more...)
Republican Speaker Ryan re-elected to US House from Wisconsin
- November 11, 2016

More than 70% of voters said the country was headed in the wrong direction, Ryan said, and they picked Trump and the Republicans to alter that course. "We have a very clear agenda, we believe in the principles of the Constitution", he said of Republicans. Asked if Republicans would use the budget reconciliation process to pursue a health care overhaul, Ryan said, "Those are details that we'll figure out down the road". (more...)
Demonetisation effect: Chaos, long queues at banks; many ATMs still inactive Demonetisation effect: Chaos, long queues at banks; many ATMs still inactive
- November 11, 2016

To reconfigure it to the new Rs2,000 and the old Rs50 denomination note, ATM providers will need more time. ICICI Bank said it is ensuring that 2000 rupees and the existing notes of 100 rupees notes are available at its "main branches" from today. (more...)
Fake currency seizures led to invalidating notes Fake currency seizures led to invalidating notes
- November 11, 2016

After the encounter of Burhan Wani, it was investigated that a fake currency of Rs 150 crore was pumped into the Valley as funding to youth for stone pelting on security forces. This news story is related to Print/163799-Fake-currency-press-in-Pakistan-to-shut-now-India/ - breaking news, latest news, pakistan ne. It was decided that new notes of all denominations would be released in the next couple of months with added security features like the one found in the new Rs 500 and 2,000 notes. (more...)
Cost of Moving to Canada
- November 11, 2016

Hampson said Trudeau was wise to avoid criticizing Trump during the campaign and he should immediately try to meet the president-elect to forge a personal relationship with a leader driven more by personality than policy. A transcontinental pipeline had been proposed in 2008 to move oil from the Alberta oil sands to US Gulf Coast refineries and greatly expand Canada's oil output, but US President Barack Obama, under pressure from environmentalists, has blocked the Keystone XL project. (more...)
Indian Economy Starts A New Chapter As Demonetisation Begins Indian Economy Starts A New Chapter As Demonetisation Begins
- November 11, 2016

The woman found out about the centre's demonetisation policy only on reaching the bank at Captainganj tehsil of Kushinagar district, Gorakhpur. Over 200 million people still do not have bank accounts, and over 40 percent of bank accounts that exist are dormant and have never had money deposited or transacted. (more...)
Bhaskar Bhat resigns from Tata Chem board
- November 11, 2016

Hussain abstained from voting - either against Mistry or for Tata - because he did not know all the facts or board resolutions well, said officials close to the development. After a few days of pussyfooting, Tata Sons has finally stated the primary reason for replacing Cyrus Mistry as chairman: it stopped trusting him. (more...)
Petrobras slashes diesel prices by 10% Petrobras slashes diesel prices by 10%
- November 11, 2016

The stock's RSI amounts to 55.26. Meanwhile Petroleo Brasileiro SA Petrobras (NYSE:PBR) said in a statement that the plummeting oil prices had forced it to cut the value of oil fields and other assets. The dividend payout ratio (ttm) amounts to 2.60 percent and the beta ratio has a value of 1.22. The stock changed +32.25% across its SMA 200 of $8.56 with positive trend and moved upside +5.10% it's SMA 50 of $10.77. (more...)
Global markets tank as US election results shock Global markets tank as US election results shock
- November 11, 2016

On Wall Street, the three major stock indexes initially fell by as much as 5 percent in overnight trading, while futures trading in the Standard & Poor's 500-stock index was at one point temporarily suspended. Germany's main DAX index fell by around 1 percent, and London's FTSE-100 was 0.2 percent lower. Still, the peso remains under pressure owing to Mr Trump's anti-immigrant rhetoric earlier in the campaign, which included a pledge to remove undocumented immigrants, build a border wall and ... (more...)
Obama: We are all now rooting for Trump's success Obama: We are all now rooting for Trump's success
- November 11, 2016

Becoming president-elect hasn't stopped Donald Trump from tweeting . Trump , who spent much of the campaign urging supporters on as they chanted "lock her up", said the nation owed Clinton "a major debt of gratitude" for her years of public service. (more...)
Mexican president to meet Trump to set 'new phase' in ties Mexican president to meet Trump to set 'new phase' in ties
- November 11, 2016

He based much of his campaign on pulling the USA out of NAFTA , the free-trade agreement signed with Canada and Mexico in 1994, as well as building a wall along the Mexican border. -Mexico friendship, saying both nations "should continue working for the competitiveness and the development of North America". It dropped to a historic low after Trump's victory. (more...)
Rooney to make England return against Scotland
- November 11, 2016

Southgate is expected to recall his captain and most experienced player, Wayne Rooney, against Scotland, most likely as a No10 playing behind Harry Kane, in the absence of the injured Dele Alli. "It's about making their own history, not what's gone before". "It would be nice for Gareth and for us to know quite soon whether he's going to get the job on a permanent basis, so you can build towards having a certain identity that your manager wants you to have", he added. (more...)
Newell Brands Inc. (NWL) Plans Quarterly Dividend of $0.19
- November 11, 2016

The ratio improved, as 31 funds sold all Newell Brands Inc shares owned while 101 reduced positions. The New York-based Kings Point Management has invested 4.44% in Newell Brands Inc (NYSE:NWL). Raymond James has upgraded Newell Brands (NYSE:NWL) from Outperform to Strong Buy in a report released on 11/08/2016. Jefferies Group reaffirmed a "buy" rating and issued a $66.00 target price on shares of Newell Brands in a research note on Tuesday, October 4th. (more...)
VIDEO The Iron Man Disney ride looks insane! VIDEO The Iron Man Disney ride looks insane!
- November 11, 2016

Because Universal Orlando owns the rights to many existing Marvel properties east of the MS as far as theme parks go, there has not been much at Walt Disney World beyond the Iron Man-skinned monorail a few years back. Back in the States, shares in Stark Industries go into freefall following the disappearance of the company's CEO, and as the board prepares for a hostile takeover, can former super model and ex-Spider-flame Mary Jane Watson do anything to save the situation? Can you imagine " ... (more...)
Voters claim Facebook swung election towards Trump
- November 11, 2016

Mr. Zuckerberg said that argument reflected a lack of empathy for why voters favored Mr. Trump over Mrs. Clinton. In an extended on-stage interview with David Kirkpatrick, author of The Facebook Effect , Zuckerberg noted that fabricated stories made up a small fraction of all the content shared on Facebook. (more...)
Russia to block LinkedIn after court ruling on user data Russia to block LinkedIn after court ruling on user data
- November 11, 2016

A representative of LinkedIn told Interfax that users "give consent for their personal data to be used" and argued there had been no mass call from Russians for the site to be closed. Meanwhile, Russia's antitrust authority said on Thursday that it was to sue Microsoft, another US-based technology company, for breaching laws on protection of competition in Russia. (more...)
How Analysts Feel About Vivint Solar Inc After Today's Significant Increase? How Analysts Feel About Vivint Solar Inc After Today's Significant Increase?
- November 11, 2016

During the same quarter in the prior year, the company posted ($0.47) earnings per share. The company's stock had a trading volume of 651,855 shares. The firm has a 50 day moving average of $3.10 and a 200-day moving average of $3.05. One firm rating the stock a strong buy, 1 firm rating the stock a buy, one equity analyst rating the company a hold, two equity analysts rating the stock a underperform, and finally 0 brokers rating the stock a sell with a average stock price target of $4.95. (more...)
Cash chaos: People mob banks to exchange spiked currency
- November 11, 2016

PM Narendra Modi announced the shock move on Tuesday night to ditch 500 and 1,000 rupee notes. But many, especially the poor with no bank accounts, complained it was tough to stay afloat for now. Lakshmi reported from New Delhi . Polls indicate the Uttar Pradesh elections may result in a hung assembly. Winning elections in Uttar Pradesh and Punjab will give Modi momentum on hard issues such as job creation and revamping labor laws and may provide him with a majority in the upper house ... (more...)

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