Markets


Subaru taking a shot at three-row SUVs with new Viziv 7 Subaru taking a shot at three-row SUVs with new Viziv 7
- November 18, 2016

The SUV closely resembles the midsize Viziv Future concept that first appeared previous year at the Tokyo Motor Show, reinterpreted as a more spacious full-size three-row model. Subaru's big reveal at the 2016 Los Angeles Motor Show is a concept auto previewing an all-new mid-size SUV, slated for a production launch in 2018. (more...)
JPMorgan Chase to pay $US264m over bribery JPMorgan Chase to pay $US264m over bribery
- November 18, 2016

Despite those strong words, the bank will avoid criminal bribery charges as part of the deal reached with the Department of Justice, the Securities and Exchange Commission and other regulators. After being hired, the candidate was given light duties such as proofreading, USA officials said. In this case, JP Morgan employees designed a programme to hire otherwise unqualified candidates for prestigious investment banking jobs exclusively because these candidates were referred to the bank by ... (more...)
Diana Shipping Inc.'s (DSX) Diana Shipping Inc.'s (DSX)
- November 18, 2016

The Company's vessels are employed primarily on time charters with leading liner companies carrying containerized cargo along worldwide shipping routes. The Company on 16 November declared that its financial results for the third quarter ended September 30, 2016 will be released before the opening of the US financial markets on Thursday, November 17, 2016. (more...)
Army Corps Hits Pause On Dakota Pipeline For Tribal Talks
- November 18, 2016

The chief executive of the company building the contested Dakota Access Pipeline said Obama administration delays are cutting into revenue but won't stop the pipeline from moving forward under a Trump administration, or sooner if a federal court intervenes. (more...)
Trump claims transition running smoothly, despite signs of discord
- November 18, 2016

Meanwhile, former Trump campaign manager Kellyanne Conway was actively directing individuals meeting with the President-elect in Trump Tower to speak with reporters gathered in the lobby, all of them delivering a message that things were moving along nicely. (more...)
Rep. Keith Ellison Announces Candidacy for Chairman of the DNC Rep. Keith Ellison Announces Candidacy for Chairman of the DNC
- November 18, 2016

The 53-year-old is co-chair of the Congressional Progressive Caucus, a member of the Congressional Black Caucus and sits on the Financial Services Committee. South Carolina Democratic Party chairman Jaime Harrison has thrown his hat into the race to become the next chairman of the Democratic National Convention. (more...)
Numerous wildfires spreading smoke into the Carolinas Numerous wildfires spreading smoke into the Carolinas
- November 18, 2016

Forest Service, AP reported. Tennessee officials have declared a state of emergency over the ongoing drought and wildfires. Almost a dozen large fires were uncontainable, with about 14 more breaking out on Thursday alone. Almost all the active large wildfires nationwide Thursday were in the Southeast, according to the U.S. More than 565 firefighters and support staff from more than 40 states and territories are working to suppress 18 wildland fires to protect people, structures, and ... (more...)
AAA: 49 million to drive, fly, cruise over Thanksgiving holiday AAA: 49 million to drive, fly, cruise over Thanksgiving holiday
- November 18, 2016

Thanksgiving travelers since 2007, according to the AAA . The remaining 3% or 1.44 million will go by train, boat or other mode of transportation. Statewide, almost 5.9 million residents are expected to travel over Thanksgiving weekend this year, an increase of 3.1 percent over last year's 5.7 million travelers, the AAA said. (more...)
Mexico WON'T be paying for Donald Trump's border wall with America
- November 18, 2016

The peso, the world's worst performing currency this year, took its biggest two-day tumble in more than 20 years following Trump's victory, while Mexican stocks diverged from rallying US equities for a second day on Thursday, losing almost 5 percent. (more...)
What Is EPS Estimate Of General Motors Company (NYSE:GM)?
- November 18, 2016

Zacks Investment Research upgraded shares of Ford Motor from a "strong sell" rating to a "hold" rating in a report on Wednesday, November 2nd. 18 Analysts reported that the Price Target for General Motors Company might touch $50 high while the Average Price Target and Low price Target is $35.94 and $29 respectively. (more...)
Ross Stores Profit Rises 13% Ross Stores Profit Rises 13%
- November 18, 2016

BNP Paribas Arbitrage SA owned 0.09% of Ross Stores worth $24,145,000 at the end of the most recent quarter. Also, CEO Barbara Rentler sold 20,000 shares of Ross Stores stock in a transaction on Monday, September 19th. The firm has a 50-day moving average price of $63.43 and a 200-day moving average price of $59.81. (NASDAQ:ROST) surged 1.22% yesterday to close its trading session at $63.86. (more...)
Dakota Access oil pipeline protest closes SF street Dakota Access oil pipeline protest closes SF street
- November 18, 2016

Laura Milner, who lives in Coggon and who belongs to the Muscogee Creek Nation, said the whole process has meant "years of constant hurt" for the groups opposing the pipeline, especially those in North Dakota. And what they want essentially is for the pipeline to be stopped, for it not to exist. Standing Rock chairman Dave Archambault II said in a statement on Tuesday that he's heartened by the signs of solidarity around the country, and believes there is reason for hope. (more...)
Yellen: The 'case for an increase' in rates has strengthened
- November 18, 2016

As measured by the gross domestic product, the economy grew at a 2.9 percent annual rate in the July-September quarter, the government has estimated, more than twice the rate in the April-June quarter. Wednesday's weakness has yields up almost 7 bps in the belly of the curve and contending with their highest levels since the weeks following the last Fed rate hike in December 2015. (more...)
Fox News Told Trump's Team Kelly's Death Would Not 'Help' His Campaign Fox News Told Trump's Team Kelly's Death Would Not 'Help' His Campaign
- November 18, 2016

Kelly was asked about her meeting with Donald Trump and the subsequent interview . "I really had to choose - am I going to be an honest journalist and do that, or am I going to suck up to Trump?" she said. Trump's name in it, with the word " rape , ' and I'm going to mess your life up ... for as long as you're on this frickin" planet ... you're going to have judgments against you, so much money, you'll never know how to get out from underneath it", he added. (more...)
Average US 30-year mortgage rate jumps to 3.94 percent Average US 30-year mortgage rate jumps to 3.94 percent
- November 18, 2016

Mortgage rates loosely track yields on 10-year Treasury bonds. This is the first time since January the five-year ARM has been higher than 3 percent. Treasury notes serve as a benchmark for various types of credit, including mortgages and auto loans. (more...)
First Solar Sinks 12% On Updated Guidance, Jobs Cuts First Solar Sinks 12% On Updated Guidance, Jobs Cuts
- November 18, 2016

The US company will phase out its current Series 4 thin-film panels over the next two years and start producing Series 6 modules, canceling its plans for Series 5 products. Forecasted net sales for 2017 are Dollars 2.5 to USD 2.6 billion, with solar power systems net sales expected to comprise 70% to 75% of the total net sales and third party module sales the remainder. (more...)
Yellen cites economic gains as Dec. rate hike seems likely
- November 17, 2016

ANALYST TAKE: "With chances of a rate hike now at 94 percent for December, there is a risk that the Fed's leader could spark a bout of dollar weakness if she so much as hints at the possibility that the central bank won't move in December", said Chris Beauchamp, chief market analyst at IG. (more...)
Iran 'ready for Trump fallout'
- November 17, 2016

Rouhani, in a speech broadcast on state TV, did not mention Trump by name but said a change in presidents "has no impact on the will of Iran". The ISA will expire at the end of 2016 if it is not renewed, and the bill must be passed by the Senate before being signed by the US president into law. (more...)
Federal Reserve to hike interest rates, barring a 'surprise,' official says
- November 17, 2016

Pressure appeared to be easing on the 10-year U.S. Treasury bond yield, after Treasury prices rose Wednesday (http://www.marketwatch.com/story/treasury-yields-on-rise-for-7th-straight-session-2016-11-16), snapping a six-session losing streak. (more...)
Cheryl Parson: Helpful tips for holiday shopping Cheryl Parson: Helpful tips for holiday shopping
- November 17, 2016

Franklin Park Mall, the area's largest shopping center, said it would keep the same Thanksgiving hours it did in 2015, opening at 6 p.m. Casey Pogan, a spokesman for the Toledo mall, said it was busy a year ago on Thanksgiving, and customer demand prompted officials to keep the same hours. (more...)