Markets


ATMs Go Dry Soon After Opening, Queues Continue At Banks ATMs Go Dry Soon After Opening, Queues Continue At 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. Newly designed Rs 500 and Rs 1,000 bills will be rolled out at a later date. State Bank of Indias Deputy General Manager Rajiv Kumar said it will take at least two days for the situation to get normal. (more...)
Idaho unemployment rate holds steady at 3.8 percent Idaho unemployment rate holds steady at 3.8 percent
- November 19, 2016

The total number of nonfarm workers in Virginia was 3,948,700 in October, up 1.7 percent from a year ago - matching USA job growth. The state's jobless rate rose in October largely because an extra 30,000 people made a decision to look for jobs and 10,000 people joined the unemployment rolls. (more...)
Trump takes credit for stopping auto plant's Mexico move; Ford denies closure
- November 19, 2016

Ford builds the Lincoln MKC small sport-utility vehicle at its Louisville Assembly Plant in Kentucky alongside the Ford Escape SUV. Trump has been feuding with Ford over plans to move small-car production from suburban Detroit to Mexico. (more...)
Porcello, Scherzer Win Cy Young Awards Porcello, Scherzer Win Cy Young Awards
- November 19, 2016

Porcello enjoyed the moment at his parents' home in New Jersey, surrounded by family, friends and a few bottles of wine. Verlander's fiancée, supermodel Kate Upton, took offense to the outcome with a series of tweets ripping the process and calling the voters "out of touch people". (more...)
The effects of India's currency reform? "Chaos" say analysts
- November 19, 2016

A Business Standard report cited stock exchange data that revealed the total net outflow of foreign institutional investors reached $ 1.25 billion in the past five trading sessions. "Ergo, currency shortages will remain with us for many months and economic contraction will rule this period", he wrote. The Reserve bank of India (RBI) issued a circular to banks instructing them to strictly that anybody depositing over Rs 50,000 in cash in their bank account submits their PAN card if the ... (more...)
Ohio's jobless rate up to 4.9% for October Ohio's jobless rate up to 4.9% for October
- November 19, 2016

Franklin County's rate was 6.1 percent in October, compared to 5.6 percent in September and 6.0 percent a year earlier. October sent mixed signals in Mississippi's labor market, with unemployment improving but payrolls worsening. Employment totals dropped by 74 in Greenwich, 90 in Norwalk and 112 in Stamford. "There were some bright spots in the report as construction and mining, manufacturing, and financial services-all core industries here in Connecticut-added jobs". (more...)
Shifting US policy to right, Trump taps Sessions, Flynn
- November 19, 2016

To lead the CIA, Trump tapped hawkish Congressman Mike Pompeo, a strident opponent of the Iran nuclear deal and a sharp critic of Trump's campaign rival Hillary Clinton during hearings into the 2012 attack on the USA mission in Benghazi, Libya. (more...)
Obama, EU Leaders Agree to Keep Sanctions on Russian Federation Obama, EU Leaders Agree to Keep Sanctions on Russian Federation
- November 19, 2016

German Chancellor Angela Merkel is expected to announce her bid for a fourth term in next year elections at a surprise news conference announced by her conservative party on Friday. Italy s Matteo Renzi and Spain s Mariano Rajoy meanwhile are battling state debt woes. And French President Francois Hollande's socialist government faces a major challenge from the far-right in elections next year. (more...)
Drugmaker losses pull stocks lower; small-cap surge goes on Drugmaker losses pull stocks lower; small-cap surge goes on
- November 19, 2016

U.S. stocks rose on Thursday after Fed President Janet Yellen said that Fed remained on track to hike the rates in "relatively soon". USA stocks are slipping Friday as investors take a pause following some huge moves since last week's presidential election. (more...)
Stephen Bannon backed in statement from Republican Jewish Coalition board member
- November 19, 2016

Now that Trump has announced that Bannon will serve chief strategist and senior adviser in the White House, Beck issued another warning on his radio show today. Satan. That's power. It only helps us when they (liberals and the media) get it wrong. At the Republican National Convention Bannon bragged that Breitbart was the quote "platform for the alt-right", a blurry right-wing movement sometimes associated with White Nationalism. (more...)
Financial Markets React Violently to an Unexpected Trump Victory
- November 19, 2016

You will say - so many of you have worked so hard for us -you will say it is something you were proud to do. Markets had been jittery in recent weeks over the prospect of a Trump administration. In addition, Trump delivered a conciliatory acceptance speech early Wednesday morning, saying it was "time to bind the wounds of division". His victory initially sent money flowing into safe haven stocks, gold and currencies including the yen. (more...)
Tech Stock in Spotlight: Vodafone Group Plc's (VOD) Tech Stock in Spotlight: Vodafone Group Plc's (VOD)
- November 19, 2016

Vodafone Group Plc P/E (price to earnings) ratio is 0 and Forward P/E ratio of 26.34. There are now 510,799,000 shares in issue with a current share value of 54 giving Premier Oil PLC a market capitalisation of 275.83M GBp. The median estimate represents a -6.93% decrease from the last price of 42.98. The consensus recommendation for BB&T Corporation (NYSE:BBT) is 2.51. (more...)
Volvo App Spells End to Car Refuelling Volvo App Spells End to Car Refuelling
- November 19, 2016

Volvo Cars, the premium vehicle maker, is promising that you will never have to stop at a petrol station, go to a auto wash or even take your auto in for service ever again, with the launch of a range of concierge services that will become an integrated part of the Volvo On Call mobile platform. (more...)
Volkswagen shedding 30000 jobs, cutting costs after scandal
- November 19, 2016

WOLFSBURG, Germany Volkswagen (VOWG_p.DE) will cut spending on factories, equipment and technology over the next four years, it said on Friday, as it struggles to fund a strategic shift to electric cars while grappling with the cost of its emissions scandal . (more...)
Some urging Michigan electors to change votes
- November 19, 2016

And there is no dispute. Today, when elections are held, citizens vote for electors . Watch T.I. talk about the next steps after Donald Trump with TMZ below. The day after the elections , President Vladimir Putin commented on the news of Trump's victory, saying that Russian Federation is ready and looks forward to restoring bilateral relations with the US. (more...)
Earnings Estimates Revision Trends: Cisco Systems, Inc. (NASDAQ:CSCO)
- November 19, 2016

Cisco Systems , Inc. (NASDAQ: CSCO ) soared 14.49% year-to-date. Eagle Asset Management Inc. now owns 5,101,847 shares of the network equipment provider's stock valued at $146,372,000 after buying an additional 189,013 shares during the last quarter. (more...)
Chancellor to announce crackdown on pensions cold calling Chancellor to announce crackdown on pensions cold calling
- November 19, 2016

The new safeguards will be announced in the Autumn Statement, months after the Government changed the law and liberalised the pensions regime. In his first major Commons set-piece statement, the Chancellor will pledge to bring an end to the misery brought about by the 250 million scam calls that happen every year in the United Kingdom - eight every second. (more...)
City requests injunction to halt Philadelphia transit strike City requests injunction to halt Philadelphia transit strike
- November 19, 2016

SEPTA's Fox Chase and Chestnut Hill West Lines are operating with delays of up to 60 minutes due to earlier switch and power problems. The strike began last Monday with the biggest complaints revolving around health insurance costs. The deal still needs to be approved by union members and the SEPTA board. Limited trolley service was also restored by midmorning. Full service is expected for Tuesday. (more...)
Banks, post offices told to report cash deposits over Rs 2.5 lakh Banks, post offices told to report cash deposits over Rs 2.5 lakh
- November 19, 2016

The Income-Tax Department is closely monitoring high-value cash deposits in bank accounts and has introduced a new reporting norm for high value transactions in the 52-day window (November 9 to December 30) to change and deposit old currency notes. (more...)
Volkswagen to axe 30000 jobs worldwide Volkswagen to axe 30000 jobs worldwide
- November 19, 2016

The company has agreed to pay $15bn in a settlement with U.S. authorities and owners of about 500,000 vehicles. The company is still making efforts to recover from one of the biggest scandals in its history previous year, when it admitted to having fitted millions of vehicles with emissions-cheating devices. (more...)

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