Markets


Pension protections and £5bn stimulus: Autumn Statement plans emerge Pension protections and £5bn stimulus: Autumn Statement plans emerge
- November 21, 2016

We are set to find out what the nuts and bolts of Mayism actually means for our tax bills, how much our goods cost and the perks we get. The UK has an "eye-wateringly large debt" and faces a "sharp challenge" ahead. "We need to be match fit for the opportunities and challenges". A Treasury source said: 'Mr Hammond will take a different approach to the Autumn Statement by announcing top-level spending decisions rather than announcing full details of individual projects. (more...)
How to differentiate deals from duds on Black Friday How to differentiate deals from duds on Black Friday
- November 21, 2016

Thanksgiving is less than a week away and that means that in exactly 7 days for those of us in the U.S.A. Black Friday will be here. Does it start the week before Thanksgiving? Yes! For sure. Pull out your smart phone and buy those great online deals while you wait to make your brick and mortar store purchases. He didn't specify dollar figures, says sales have grown each day this week compared with the day earlier. (more...)
The White and Gold/Black and Blue Thing is Happening Again The White and Gold/Black and Blue Thing is Happening Again
- November 21, 2016

Remember " The Dress " controversy that spiraled into one of the largest debates of social media history? Most people see it as either white and gold, or blue and black, whereas some are even claiming they are black and brown. Well, it seems we're about to see a repeat of the same confusion as a pair of flip flops of the same hue are also causing a total social media meltdown. (more...)
Next Weeks Broker Price Targets For AK Steel Holding Corporation (NYSE:AKS)
- November 21, 2016

Axiom Capital has "Sell" rating and $11 price target. Analysts are also projecting an Average Revenue Estimate for AK Steel Holding Corporation as $1.4 Billion in the Current Quarter. Acadian Asset Management LLC acquired a new position in shares of AK Steel Holding Corp. during the second quarter worth approximately $552,000. Clinton Group Inc. (more...)
Western Digital Corporation (NASDAQ:WDC) Position of the day
- November 21, 2016

Candriam Luxembourg S.C.A. boosted its position in shares of Western Digital Corp .by 18.5% in the second quarter. Revenue growth rate was recorded at 6.4% and net income per share was seen moving at a -20.2% rate in the past five years. will post $4.60 EPS for the current year. There were earnings of $0.27 per share. The ex-dividend date of this dividend is Wednesday, December 28th. This represents a $2.00 annualized dividend and a yield of 3.28%. (more...)
Trump says he settled Trump University lawsuit because he's too busy
- November 21, 2016

The agreement wraps together the outstanding Trump University litigation, including two federal class-action cases in San Diego, and a separate lawsuit by Eric T. Too bad!' During the presidential campaign back in March, Trump had taken a harsher stance against the lawsuits. Mr Trump's lawyers denied this. The president-elect had also lambasted the judge in charge of the case, Gonzalo Curiel , claiming Curiel's Mexican heritage meant the judge couldn't possibly treat him fairly. (more...)
Nusli Wadia writes to Tata Sons board Nusli Wadia writes to Tata Sons board
- November 21, 2016

Wadia has been an independent director on the boards of Tata Chemicals, Tata Steel and Tata Motors for over a decade. An exclusive newsbreak by Network 18 says Nusli Wadia has served a defamation notice to Tata Sons as he felt the Group's bid to remove him as an Independant Chairman has irreparably marred his image. (more...)
RBI allows Rs 50000 withdrawal a week from overdraft accounts RBI allows Rs 50000 withdrawal a week from overdraft accounts
- November 21, 2016

The RBI said the wedding withdrawals could be made by either of the parents or the people getting married after submitting an application. "(Only one of them will be permitted to withdraw)", the notification said. While the task of completing the entire process of recalibrating nearly 2.5 lakh ATMs may take some time, banks have been told to focus on completing the task in the top 30 cities by the end of this month, the industry officials, who did not wish to be identified, said. (more...)
Warriors coach Kerr issues late challenge to Bucks fans
- November 21, 2016

The Milwaukee Bucks rallied from a 14 point deficit in the fourth quarter and came within 2 points with 10.1 seconds remaining. Last December the Bucks ended the Warriors' 24-0 run to open the season, handing them their first defeat. Durant gave the Warriors a brief scare after he got up slowly after bumping into Parker with 9 minutes left in the third quarter. The Warriors didn't exactly stop playing; they just stopped playing offense at the level needed to bury the Bucks. (more...)
The 25 best Black Friday doorbuster deals The 25 best Black Friday doorbuster deals
- November 21, 2016

The moment of truth is finally arriving on Friday, the culmination of months of negotiations and preparations, and carefully orchestrated leaks, previews and early-bird sales. Skip the lines and shop Black Friday deals from anywhere, even your couch. Customers looking to take advantage of Walmart's annual wireless phone event can make appointments while at the store on Thursday night beginning at 6:00 p.m. (more...)
Chicago O'Hare airport workers to announce day of strike
- November 21, 2016

The companies plan to bring in non-union workers to counter potential delays. "It is not their intent to disrupt operations, but to make their voices heard and have their concerns of wage theft, safety and working conditions to be taken seriously", SEIU Local 1 spokeswoman Izabela Miltko-Ivkovich told CNNMoney . (more...)
Chicago airport workers who plan strike will announce date Monday
- November 21, 2016

The workers are not unionized by the Service Employees International Union, but they are supported by the SEIU. According to CNN Money, some of the workers planning to strike earn the minimum wage , which is $8.25 an hour in IL. "They don't expect to shut the airport down". O'Hare has about 190 gates and is a hub airport for both American and United airlines, which hold the majority of those gates. (more...)
Withdraw cash with a tap on your smartphone Withdraw cash with a tap on your smartphone
- November 21, 2016

The scheme by Barclays - a British multinational banking and financial services company - is set to start in December and would be the first of its kind, the Telegraph reported on Monday. Contactless chips can be embedded in anything from conventional debit cards to wearables, stickers or even items of clothing like this bPay contactless jacket. (more...)
Sarkozy seen knocked out of conservative primary, show partial results Sarkozy seen knocked out of conservative primary, show partial results
- November 21, 2016

Sarkozy, president from 2007-12, said he would now back Fillon in an expected runoff against Alain Juppe, another former prime minister, on November 27 in a contest which is likely to produce France's next president in May. Candidates previously were designated internally. Sarkozy hopes to pull votes from people attracted to Le Pen. Fillon - an outsider a few weeks ago - enjoyed a recent boost in popularity thanks to his image of authority and seriousness compared with Sarkozy's more ... (more...)
Donald Trump: I may not repeal Obamacare, President-elect says in major U-turn
- November 21, 2016

All through the campaign Trump's tone was one of rejection, of "repeal and replace". Despite previous statements from the Trump campaign that Trump would call for a full repeal of the ACA , Trump said that after meeting with Obama, he is now considering keeping parts of the act. (more...)
Elliott asks Marathon Petroleum to consider breaking up company Elliott asks Marathon Petroleum to consider breaking up company
- November 21, 2016

Many Analysts provided their foresight on Revenue Estimates of Marathon Oil Corporation where they believe that the company has the potential to earn average revenue of $1.27 Billion for the current quarter. The company's price sits 0.64% above from its 50-day moving average of $62.11 and 16.98% far from the stock's 200-day moving average which is $55.99. (more...)
Justin Trudeau government promises an end to coal-fired power production Justin Trudeau government promises an end to coal-fired power production
- November 21, 2016

Under the federal plan, provinces can choose to phase out coal entirely and replace it with lower-emitting sources - as Alberta is doing - or they can use carbon capture and storage technology, McKenna said. Coal power represents about 8 percent of Canadian greenhouse gas emissions, the government said. Coal accounts for around 10% of the country's annual greenhouse gas emissions in an electricity grid dominated by hydropower. (more...)
Mammoth Texas oil discovery biggest ever in USA
- November 21, 2016

The U.S. Geological Survey (USGS) has estimated that the Wolfcamp shale play is now the largest continuous oil accumulation in the United States. "It just so happens that the Wolfcamp is what we just finished", said Chris Schenk, who heads oil and gas assessment for the agency. Each question will certainly be issued by our team to USGS when we talk to them for more on their recent assessment of the Wolfcamp , an assessment that truly shows the incredible potential for energy ... (more...)
Energy Transfer Equity, L.P.'s (ETE) Energy Transfer Equity, L.P.'s (ETE)
- November 21, 2016

United States of America based company, Energy Transfer Equity, L.P.'s (ETE)'s latest closing price distance was 35.02% from the average-price of 200 days while it maintained a distance from the 50 Day Moving Average at 8.79% and 11.90% compared with the 20 Day Moving Average. (more...)
Reddy comes under IT scanner after daughter's wedding Reddy comes under IT scanner after daughter's wedding
- November 21, 2016

In Bengaluru , the Income Tax department conducted surveys on at least 10 locations of high-end event management firms, catering and multi-media service providers who were engaged for the extravagant wedding. The extravagent wedding of his daughter last week raised a firestorm of controversy. Reddy is a former BJP minister and among the top richest politicians of Karnataka. (more...)