Markets


Federal Bureau of Investigation clears Hillary Clinton two days ahead of elections Federal Bureau of Investigation clears Hillary Clinton two days ahead of elections
- November 11, 2016

While much of the debate focused on each candidate's controversies, both Trump and Clinton also clearly expressed their views on America's issues when they discussed the topic of the Supreme Court and its opening for another justice. On Monday, Trump will hit five battleground states - Florida, North Carolina , Pennsylvania , New Hampshire and Michigan - and closes with a late-night rally in Grand Rapids, Michigan . (more...)
Dollar extends Trump rally, hovers at 3-1/2-month high versus yen Dollar extends Trump rally, hovers at 3-1/2-month high versus yen
- November 11, 2016

The greenback was set to end the week with a 3.3 percent gain against its Japanese peer, which was initially expected to emerge on the winning end due to its perceived safe-haven status upon a Trump victory in the US presidential elections. (more...)
Research Analysis of Silver Wheaton Corp. (NYSE:SLW) Research Analysis of Silver Wheaton Corp. (NYSE:SLW)
- November 11, 2016

Analysts mean target price for OneBeacon Insurance Group, Ltd. (NYSE:OB) is $13.00 while their mean recommendation is 3.30 (1=Buy, 5=sell). Desjardins raised their price target on shares of MAG Silver Corp from C$19.00 to C$22.50 in a report on Tuesday, August 16th. (more...)
Paul Ryan Calls Trump's Win the Most 'Incredible Political Feat'
- November 11, 2016

It was only weeks ago, after all, that Trump was on Twitter mocking Ryan as a "weak" leader, and Ryan was avoiding campaigning for Trump over his controversial comments about women. Underneath all the happy talk, however, are big questions about Ryan's future. "I think it's always a mistake to misread your mandate, and frequently new majorities think it's going to be forever". (more...)
Earnings Analysis & Update for Kinross Gold Corporation (NYSE:KGC)?
- November 11, 2016

David Iben decreased its stake in Kinross Gold Corp (KGC ) by 26.91% based on its latest 2016Q2 regulatory filing with the SEC. Sunoco LP (NYSE:SUN) reported its last quarterly earnings on Jun 16 where the firm reported its Actual EPS of $0.53/share against the analyst consensus estimate of $0.43/share. (more...)
This Is Why Kohl's Stock Is Booming Today This Is Why Kohl's Stock Is Booming Today
- November 11, 2016

At present, 11 analysts recommended Holding these shares while 1 recommended sell, according to FactSet data. (NYSE:AUY) is $5.86 whereas analysts mean recommendation is 2.50. They now have a $58.0 target price per share on the stock. Now the stock price is moving -3.67% off from the highest level of twelve months and +54.25% above from twelve months low. (more...)
Copper on track for biggest weekly rally in 35 years Copper on track for biggest weekly rally in 35 years
- November 11, 2016

Prices have surged 26 percent in the space of 15 days and are set for the biggest weekly advance since records begin in 1986. RBC Capital Markets analyst Paul Hissey said RBC was already forecasting a base case rise in the copper price to $2.50 per pound in 2018, so the moves this week was bringing forward increases in earnings. (more...)
Dwayne Wade Wins In Return To Miami, Gets Standing Ovation
- November 11, 2016

Wade received a fantastic reception when the arena announcer introduced him and the Heat support clearly hadn't forgotten the 13 tremendous years the shooting guard gave them. Davis hit 12 of 25 shots and went 8-for-8 from the free throw line while also grabbing eight rebounds. Dion Waiters and Josh Richardson each scored 16 points and Justise Winslow ended with 15 points, six assists, five rebounds and four steals for the Heat (2-5), who had to finish the game without point guard Goran ... (more...)
Trump meets with Obama then heads to Capitol
- November 11, 2016

President-elect Donald Trump says he "very much looks forward" to dealing with President Barack Obama in the future. Obama is hopeful that Trump will not use his position to take political revenge against Hillary Clinton despite Trump's pledge to prosecute her, the White House spokesman said. (more...)
FBI director faces complicated path under Trump administration
- November 11, 2016

As he surveyed the crowd in Scranton, Pennsylvania , he declared, "It's been a long journey". Communications director Jennifer Palmieri told reporters, "We're glad this matter is resolved", though Clinton herself did not mention the issue during a rally in OH with basketball superstar LeBron James. (more...)
Starbucks Corporation (NASDAQ:SBUX) Releases 13 Holiday 2016 Red Cups
- November 11, 2016

The high end target price has shares touching $72 and the low end target estimate has the stock moving to $58 within the year. Analysts' mean recommendation for Starbucks Corporation's (SBUX ) stands at 1.70. Starbucks Corporation (NASDAQ: SBUX ) has an ABR of 1.55 on 1-5 scale. EPS growth in next year is estimated to reach 15.11% while EPS growth estimate for this year is set at 34.50%. (more...)
IOB Q2 net loss widens to Rs 765 cr IOB Q2 net loss widens to Rs 765 cr
- November 11, 2016

People started depositing the now-withdrawn Rs 500 and Rs 1000 notes in banks across India on Thursday. The bank had registered a net profit of Rs 341.92 crore in the corresponding quarter of the previous financial year. Today, till now, the amount of deposits is Rs 22,000 crore. "This was after demonetization". "For the Q3 outlook Bhattacharya added", Not much will be impacted due to demonetization. (more...)
Alibaba's Singles Day rakes in $1bn in first 5 mins of trade Alibaba's Singles Day rakes in $1bn in first 5 mins of trade
- November 11, 2016

Despite Perry's absence, this year's Singles Day has been another financial success for Alibaba who raked in over 12 billion yuan in sales during the first 12 hours, breaking last year's record. The level of spending surpasses that of America's biggest shopping days, Black Friday and Cyber Monday, combined . GMV refers to the value of goods sold by vendors through Alibaba's platforms. (more...)
Mosul operation is the beginning of the end of ISIS, UN says Mosul operation is the beginning of the end of ISIS, UN says
- November 11, 2016

The fate of the men is unknown. "Deliberately killing captives and other defenceless individuals is prohibited by worldwide humanitarian law and is a war crime", Amnesty global explained, urging the Iraqi government to take action to preserve civilian lives. (more...)
Bucking the Pre-Market Trend Gapping Up: Vertex Pharmaceuticals Incorporated (NASDAQ:VRTX) Bucking the Pre-Market Trend Gapping Up: Vertex Pharmaceuticals Incorporated (NASDAQ:VRTX)
- November 11, 2016

Zacks Investment Research upgraded Vertex Pharmaceuticals from a "hold" rating to a "buy" rating and set a $98.00 target price on the stock in a research note on Wednesday, July 20th. Total 12.54 million shares changed on hands and it kept the average volume of 6.16 million shares. The business's quarterly revenue was up 33.6% on a year-over-year basis. (more...)
The Mexican Peso Sinks Even Further The Mexican Peso Sinks Even Further
- November 11, 2016

That's why export-heavy emerging markets have seen some of the biggest declines recently. More open trading rules kept factories whirring in Mexico, China and other emerging markets, and the resulting growth helped those countries build up their own middle classes, which created more new customers for companies in emerging markets and elsewhere. (more...)
Oil prices fall on persistent fuel supply overhang Oil prices fall on persistent fuel supply overhang
- November 11, 2016

OPEC plans to diminish output to a range of 32.5 to 33.0 million barrels per day from its current estimated output of 33.24 million barrels per day. If OPEC is able to pass successful production cuts throughout member and non-member nationshowever, then the IEA suggests the market will see a quick shift from surplus to deficit. (more...)
California movie producer held in $26M NY fraud case California movie producer held in $26M NY fraud case
- November 11, 2016

According to 680 News, Bergstein was the producer of the Capital Films 2004 romcom Laws of Attraction that featured Julianne Moore and Pierce Brosnan. Calamari, director of the SEC's NY regional office, said in a news release. He was charged in an indictment filed in federal court in Manhattan and arrested in California . (more...)
Canada's Trudeau pledges to work with Trump
- November 11, 2016

Canadian immigration website crashes as Trump gets elected was posted in World of TheNews International - https://www.thenews.com.pk on November 10, 2016 and was last updated on November 10, 2016. It's an issue for manufacturers too. Likewise if the United States is reluctant to enter into trade and investment agreements with other nations this may well open other opportunities for Canada to step into. (more...)
SEPTA strike ends in time for Election Day with tentative contract
- November 11, 2016

The strike caused traffic gridlock around the city during morning and evening rush hours . The agreement includes wage increases and pension improvements, and maintains health care coverage levels while addressing rising costs, said Pasquale T. (more...)