Markets


Tesla, SolarCity merger approved with 85% shareholder support
- November 21, 2016

Musk owns 21 percent of Tesla and 22 percent of SolarCity , making him the largest shareholder of both companies. The acquisition clears the path for Musk's plans for an integrated energy company, encompassing solar roofing, energy storage, and electric vehicles. (more...)
On global warming, it's now the entire world against Trump On global warming, it's now the entire world against Trump
- November 21, 2016

It said , "We, collectively, call on all non-state actors to join us for immediate and ambitious action and mobilization, building on their important achievements, noting the many initiatives and the Marrakech Partnership for Global Climate Action itself, launched in Marrakech". (more...)
CT lost 7200 jobs in October
- November 21, 2016

Hendry County had the highest jobless rate, at 9.7 percent, followed by Sumter County, at 7.1 percent, and Hardee and Highlands counties, with 6.9 percent each. The data show that Monroe County had the state's lowest unemployment rate , at 3.3 percent. "Fortunately Iowa continues to have jobs available and those affected by layoffs appear to be able to find positions elsewhere", Greene says. (more...)
Chicago O'Hare Airport Workers Plan Thanksgiving Strike
- November 21, 2016

The workers are seeking union rights and a $15 per hour wage. Some of the workers who plan to strike include, Wheelchair attendants, Baggage Handlers, Janitors, and Cabin Cleaners. "We are working closely with our vendors to ensure there is no disruption to our operation". Auto club AAA said it will be an especially busy Thanksgiving weekend with an estimated 3.7 million Americans flying Wednesday through Sunday. (more...)
Cisco: Not Everyone Believes 'Macro' Is What's Holding Them Back Cisco: Not Everyone Believes 'Macro' Is What's Holding Them Back
- November 21, 2016

Cisco Systems gapped open sharply lower Thursday, but moved in a narrow range throughout the session. Earnings per share (ttm) for Cisco Systems, Inc . According to sentiments of 27 analysts the company is expected to report revenues of $12.15B for the current quarter. What you have to understand is that Cisco Systems is undergoing a major structural transition with CEO Chuck Robbins , who has been on the job only since July 2015. (more...)
Over two lakh micro-ATMs to disburse new currency: Government Over two lakh micro-ATMs to disburse new currency: Government
- November 21, 2016

The ATM withdrawal limit will continue to be Rs 2,500 per day as majority of the ATMs are yet to be re-calibrated for dispensing new Rs 500 and Rs 2,000 notes. People across the country have been queuing for hours in long lines to exchange old bank notes, while PM Modi's political rival Bharatiya Janata Party have posted images of the situation on social media. (more...)
New Tesla Video Shows Fully Autonomous Car Capabilities at Work New Tesla Video Shows Fully Autonomous Car Capabilities at Work
- November 21, 2016

Like a human driver, a self-driving auto needs to "see" its environment in order to navigate through it. The video doesn't just show an autonomous vehicle weaving driving through a city, it uses highlighted color coding so that we can see what the sensors see. (more...)
Sarkozy knocked out of presidential race
- November 21, 2016

His concession after the race means one of two former prime ministers is likely to face National Front leader Marine Le Pen - both of whom polls suggest can beat the far-right candidate who has consistently led polls for months. Hollande, whose popularity ratings are abysmal, has yet to announce whether he will stand again. Juppe, 71, was the early frontrunner but Fillon made stunning progress thanks largely to strong performances in three televised debates. (more...)
Predicting Top 4 Teams After Week 11 Action
- November 21, 2016

Troy's lone loss this year is to Clemson. But if Ohio State wins its final two, including a home game with MI, and Penn State defeats Rutgers and MI, the Nittany Lions win the division. Furthermore, the Big Ten has a chance to get two teams into the College Football Playoff or perhaps have a team that won't play in the conference championship game, earn a chance to play for a national championship. (more...)
Asian shares give up early gains on surging US bond yields
- November 21, 2016

The Dow rose 9 points, or 0.1 percent, to 18,817 as of 2:25 p.m. Its previous record close was 18,636.05, notched in mid-August. The tech-heavy Nasdaq lost 42.28 points, or 0.8%, to 5,208.80. That began to turn around this week, as investors bid up shares in pharmaceutical companies. MARKETS OVERSEAS: The major stock indexes in Europe turned lower after an early rally. (more...)
Proposals to increase threshold for bank deposits protection Proposals to increase threshold for bank deposits protection
- November 21, 2016

The Bank of England has announced it is looking to raise the value of deposits protected under the Financial Services Compensation Scheme to 85K. "Taking into consideration the developments in financial markets" following the June 23 Brexit vote, including with respect to the pound-euro exchange rate, the PRA "considers that a structural shift in the exchange rate has occurred", the regulator said. (more...)
Los Angeles Rams encouraged by Jared Goff's National Football League debut Los Angeles Rams encouraged by Jared Goff's National Football League debut
- November 21, 2016

The winning points came on Tannehill's nine-yard TD strike to receiver DeVante Parker in the end zone, inches from the right sideline, with 36 seconds left. Catching the ball on the 5 yard line, Landry was stopped by the Rams defense but Landry kept churning and that allowed his offensive line to get to him and start pushing the Rams back. (more...)
Cooper camp says lead is growing over McCrory Cooper camp says lead is growing over McCrory
- November 21, 2016

A GOP lawyer is expected to present evidence of Election Day wrongful or illegal conduct to the Durham elections board on Wednesday backing the governor's demand for a quick, manual recount . McCrory's campaign said that protests over election results are being filed in 50 counties. Durham board chairman William Brian said Tuesday that last week's glitch forced staffers to manually enter ballots cast before election day hours after polls closed November 8. (more...)
Hammond plans to spend billions on road, rail and infrastructure
- November 21, 2016

Mr Hammond has indicated there will be no substantial giveaways in Wednesday's mini-Budget, stressing the economy is facing a "sharp challenge" and calling for "headroom" to deal with a black hole in the public finances reportedly as high as £100 billion. (more...)
Macquarie Group Ltd. Has $64348000 Position in Philip Morris International Inc. (PM) Macquarie Group Ltd. Has $64348000 Position in Philip Morris International Inc. (PM)
- November 21, 2016

Company latest quarter ended on 31 Jul 2016. Eventually, Philip Morris International, Inc. The stock now has Weekly Volatility of 2.00% and Monthly Volatility of 1.44%. The firm had revenue of $6.98 billion for the quarter, compared to the consensus estimate of $7.01 billion. Philip Morris International had a negative return on equity of 59.94% and a net margin of 8.77%. (more...)
Buhari condoles with Indian PM over train crash
- November 21, 2016

Sunday. India's railway system is the world's fourth largest, ferrying more than 20 million people each day, but it has a poor safety record, with thousands of people dying in accidents every year. Anxious relatives searched for missing family members among the injured and the dead at hospitals in Kanpur . Out of the 410 tickets booked on the IRCTC website, accounting for 695 passengers of the unfortunate Indore-Patna express that derailed on Sunday killing at least 120 lives and leaving ... (more...)
Cars are getting 'too big' for Britain's parking spaces Cars are getting 'too big' for Britain's parking spaces
- November 21, 2016

However, the latest models of the Audi Q7, Land Rover Discovery, BMW X5 and the Mercedes GL-Class are all longer than 4.8m, while many smaller models have also increased in size. The study examined over 85,000 incidents recorded by Accident Exchange between mid-2013 and August 2016. While vehicles have become larger, spaces have remained unchanged in the majority of auto parks. (more...)
Protest to be held in Stevens Point over Dakota Access Pipeline Protest to be held in Stevens Point over Dakota Access Pipeline
- November 21, 2016

Meanwhile, North Dakota's governor is criticizing a potential delay in completion of the Dakota Access oil pipeline. Other protesters noted that if the oil pipeline under the river ruptures, it could ruin the water supply. Dakota Access is asking U.S. District Court Judge James Boasberg to resolve the disagreement about the legal significance of the July 25 decision issued by the Army Corps. (more...)
Hundreds of O'Hare Airport workers to strike this holiday
- November 21, 2016

They are seeking a $15 per hour wage. The SEIU Local 1 will announce the date of a strike at 10 a.m. Monday morning, threatening to complicate holiday travel operations at the nation's second busiest airport. The Chicago Business Journal said 883,493 travelers will depart from O'Hare during the Thanksgiving week. Similar actions have been taken by workers at other airports like LaGuardia and John F. (more...)
Cuomo promises to prosecute hate crimes Cuomo promises to prosecute hate crimes "to the fullest"
- November 21, 2016

The Southern Poverty Law Center has counted more than 700 incidents of hateful harassment and intimidation since the election . "I am a son of immigrants", said Cuomo, whose family is Italian. This year we have 328. New York Governor Andrew Cuomo and celebrity chef Sandra Lee attend the premiere event of TLC and Discovery Family's UniChef: Uniting Through Food at Unicef House on Thursday, Nov. (more...)

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