Markets


Lawyers: Students who sued Trump U to get paid Lawyers: Students who sued Trump U to get paid
- November 19, 2016

But the allegations in the case were highly unpleasant for Mr. Trump: Students paid up to $35,000 in tuition for a programs that, according to the testimony of former Trump University employees, used high-pressure sales tactics and employed unqualified instructors. (more...)
Chaos continues at banks;most ATMs run out of cash in Delhi
- November 19, 2016

Everyday she stands in ATM queues for hours. Modi dropped a bombshell on November 8 by abolishing 500 and 1,000 rupee notes that accounted for 86 percent of cash in circulation. That limit was raised to 4,500 rupees on Wednesday. "Banks are dealing with their own issues and struggling", he said. The move sought to deter huge numbers of people queuing to swap cash repeatedly, some of whom are suspected to be acting on behalf of racketeers trying to launder "black cash" before a December ... (more...)
Latest Analyst Ratings For Amplify Snack Brands, Inc. (NYSE:BETR) Latest Analyst Ratings For Amplify Snack Brands, Inc. (NYSE:BETR)
- November 19, 2016

Finally, TheStreet lowered shares of Amplify Snack Brands from a hold rating to a sell rating in a research report on Monday. Piper Jaffray Cos. reissued an overweight rating and issued a $19.00 price objective on shares of Amplify Snack Brands in a research report on Thursday, August 11th. (more...)
Cogill: Harry Potter Fans Will Love Cogill: Harry Potter Fans Will Love "Fantastic Beasts"
- November 19, 2016

The comic relief was welcomed as even when the plot got intense there was these little creatures to make it better. Newt, if you didn't know, travels the globe researching and collecting fantastic beasts . The film stars Laura Tarver, Andrew Flynn, Sawyer Paine, Ben Wessels, Evan Vihlen, and Leo Blais, and if you're interested in finding out more about it you can check out their official Facebook page. (more...)
Micro ATMs save the day, initiative to ease cash crunch Micro ATMs save the day, initiative to ease cash crunch
- November 19, 2016

The flip-flop over exchange of notes has weaned away the initial support to the government move to banish black money. Bhattacharya said, "There will be no exchange of notes tomorrow". The IBA chairman also said, after using indelible ink, queues have substantially been reduced. "But tomorrow we will spend trying to update our works and do the works in relation to our own customers", Rishi added. (more...)
Demonetised notes can't be exchanged in Indian banks in China
- November 19, 2016

Mumbai, Nov. 18: Banks have been directed to restrict exchanging the recalled notes for one day on Saturday. "We were accepting the two notes for exchange and as deposits from customers since the announcement for demonetising the two notes was made". (more...)
Elon Musk gets go-ahead to merge Tesla and SolarCity
- November 19, 2016

The announcement came as a surprise, given there were no whispers about it. Tesla is claiming its new solar glass tile is more durable than regular roof tile and will serve as solar panels to charge your home and your Tesla vehicle. It's expensive to ship traditional roof tiles because they're so heavy and fragile. With SolarCity on board, Tesla stores aim to become one-stop-shops for all-things clean energy, from solar panels to Powerwalls, Powerpacks, electric vehicles and more . (more...)
China astronauts return from monthlong space station stay China astronauts return from monthlong space station stay
- November 19, 2016

Two astronauts who completed China's longest-ever manned space mission returned to Earth safely Friday afternoon. The Shenzhou-11 is expected to remain in space near the laboratory until it receives an order from the Beijing Aerospace Control Centre to re-enter the Earth's atmosphere and land, Efe news reported . (more...)
Currency exchange; long queues, chaos in Jammu banks Currency exchange; long queues, chaos in Jammu banks
- November 19, 2016

As a result, multiple news outlets have reported , 100 rupee notes are in short supply, leading banks to impose an ATM cash withdrawal limit of 2,000 rupees per day through November 18. The government on Tuesday demonetised Rs 500 and Rs 1,000 notes in a step to curb black money. "But I am getting reports every half-an-hour that ATMs are being loaded and are dispensing money", he said, adding "things would start normalising by evening". (more...)
Facebook sets $6 billion buyback; accounting chief to leave
- November 19, 2016

Facebook will begin a search for a new CAO in the meantime, with Athwal helping with the transition. Its shares rose 1.3% to $118.51 in after-hours trading Friday. It is certainly not an issue of control or providing greater authority to the management. After nine years, he will leave the company in mid-February. (more...)
Trump Falsely Claims He Kept Ford From Moving Plant To Mexico Trump Falsely Claims He Kept Ford From Moving Plant To Mexico
- November 19, 2016

Trump said he "worked hard" to ensure the factory would not move , and thanked "the great State of Kentucky" for having confidence in him to do so. Trump also has promised to bring manufacturing jobs back to the US, signaled plans to withdraw from the North American Free Trade Agreement and proposed a 35% tariff on cars made in Mexico as well as other products. (more...)
State officials issue air quality warning for Ashe, Watauga counties State officials issue air quality warning for Ashe, Watauga counties
- November 19, 2016

A Code Orange air quality alert has been issued for these counties: Beaufort, Berkeley, Charleston, Clarendon, Colleton, Dorchester, Georgetown, Hampton, Jasper, Kershaw, Lancaster, Lee, Sumter, and Williamsburg. Wednesday, Mecklenburg County and surrounding areas were under a Code Red Alert. Experts warn to avoid staying outdoors for long periods of time and over-exerting yourself. (more...)
SEPTA Strike Ends in Philly Just in Time for Tuesday's Voting
- November 19, 2016

But the Southeastern Pennsylvania Transportation Authority, or SEPTA, will have another chance to press its case for the injunction when the hearing resumes Monday. Philadelphia , the largest city in the all-important state of Pennsylvania, could be deprived of mass transit on Election Day. "We know that the strike has caused a significant hardship for thousands of our riders", Deon said. (more...)
Oil prices down as strong dollar overshadows OPEC cut optimism
- November 19, 2016

OPEC Secretary-General Mohammed Barkindo recently met with Saudi Minister of Energy and Industry Khalid Al-Falih in London , according to an OPEC delegate. Members of OPEC are "all hands on deck" to reach an agreement by the group's November 30 meeting, Secretary-General Mohammed Barkindo said in an interview in Marrakech, Morocco on November 15. (more...)
Elon Musk says Tesla's solar roof will be cheaper than ordinary roofs
- November 19, 2016

Shareholders and analysts also doubted whether taking Tesla into the home solar panel market was wise considering the financial difficulties suffered by the automotive division of the company. Musk stated at one point, "The key is to make solar look good". Just weeks after Tesla unveiled its new solar roof styles, CEO Elon Musk says they'll be even more affordable than he thought. (more...)
Mexico central bank may deliver big rate hike after peso's Trump tumble Mexico central bank may deliver big rate hike after peso's Trump tumble
- November 19, 2016

In its policy statement, the bank acknowledged the uncertainty over Mr. Trump's concrete policies are affecting local markets. Following a campaign marked by threats to rip up the North American Free Trade Agreement and punish US companies that move operations to Mexico, Trump's victory had already sent the peso to a record low against the dollar, stirring fears that the depreciation could raise the cost of goods and fan inflation. (more...)
Mexico won't pay for Trump's wall
- November 19, 2016

He says no immediate actions are planned. Mexico is willing to "modernize" the North American Free Trade Agreement with US President-elect Donald Trump's incoming administration and Canada, but will not renegotiate the pact, the foreign minister said. (more...)
Oil prices fluctuate ahead of OPEC meeting
- November 19, 2016

The price of oil over the past two months has continued to swing on near daily rumors and statements regarding a possible production freeze by the world's largest oil exporters. Crude inventories in the USA rose by 5.3 million barrels in the week to November 11, compared with expectations for an increase of 1.5 million barrels. (more...)
The Best Walmart Black Friday Tech Deals
- November 19, 2016

While not included in the 137.4 million total for the Thanksgiving weekend, 36 percent of consumers say they plan to shop online on Cyber Monday , up from the 34 percent in 2015. Plus, in-store shoppers spent an average of $300 each. Or, despite your best efforts you couldn't cross off every gift on your list after shopping nonstop on Thanksgiving Day and Black Friday . (more...)
Oil prices fall as strong dollar wipes out OPEC cut optimism
- November 19, 2016

Federal Reserve Chair Janet Yellen said on Thursday a rate increase could happen "relatively soon."A stronger dollar makes oil, which is priced in the greenback, more expensive to buyers using other currencies". West Texas Intermediate crude was down 33 cents, or 0.7 percent, at $45.09 a barrel. Oil prices settled higher on Friday, closing out a strong week that saw crude buoyed by growing expectations that OPEC will find a way to cap production at the end of the month. (more...)

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