Markets


Trump tweets he settled $25M fraud case because he's too busy
- November 22, 2016

The New York AG said the $25 million settlement had included a penalty of $1 million paid to the state of New York for the violation of the education laws of the state by calling the program a university even though not offering any university degrees or any traditional form of education. (more...)
Demonitisation aftermath: Chaos grows, queues get longer at banks, ATMs on weekend Demonitisation aftermath: Chaos grows, queues get longer at banks, ATMs on weekend
- November 22, 2016

The banks that had been open for cash transactions and to issue the new legal tenders saw a huge rush of cutomers lining up to deposit and exchange notes on Thursday. The current logistical challenge is expected to take two or three weeks, the government has said earlier. Though some people rushed him to hospital after he collapsed, he was declared brought dead. (more...)
VW to Slash 23000 Jobs in Germany by 2020
- November 22, 2016

Volkswagen AG reached a landmark agreement with workers to cut as many as 30,000 jobs globally and save 3.7 billion euros ($3.92 billion) in expenses as the company tries to claw back from its emissions-cheating scandal and invest in electric vehicles. (more...)
Letter reveals Trump grandfather's 'most subservient request' to stay in Germany Letter reveals Trump grandfather's 'most subservient request' to stay in Germany
- November 22, 2016

The letter states that Friedrich Trump is prohibited from staying in Germany . The former director of the institute for Palatine history and folk-life studies, Roland Paul, explains the context of the document as follows: "Friedrich Trump emigrated from Germany to the USA in 1885". (more...)
Revenue Update on Ross Stores(NASDAQ:ROST)
- November 22, 2016

Miller Tabak is following shares of Ross Stores Inc. Ross Stores makes up approx 0.10% of Parametric Portfolio Associates's portfolio.Grantham Mayo Van Otterloo reduced its stake in ROST by selling 87,022 shares or 92.8% in the most recent quarter. (more...)
NuTonomy to Test Self-Driving Cars in Boston NuTonomy to Test Self-Driving Cars in Boston
- November 22, 2016

Bringing it back home, Nutomony self-driving taxi company will start testing in Boston by the end of 2016, according to TechCrunch . Cambridge, Mass. This represents a bit of a homecoming for nuTonomy , which was spun out from MIT in 2013 but has only been testing its self-driving cars overseas. (more...)
Quarterly Sales Analysis of Diana Containerships Inc. (NASDAQ:DCIX)
- November 22, 2016

The stock price is moving up from its 20 days moving average with 4.18% and isolated positively from 50 days moving average with 1.66%. According to the Analysts, the Low Earnings estimate for the current quarter is $-0.78, while the High earnings estimate is $-0.78.Comparatively, EPS for the same quarter past year was $0.16. (more...)
Dollar at its Highest Since 2003
- November 22, 2016

The yen was given its own direction by the Bank of Japan's offer on Thursday to buy unlimited bonds, underscoring how serious it is about keeping the yield on Japan's benchmark 10-year government bond at zero percent, in a bid to control the yield curve and keep borrowing costs low. (more...)
Trump team pledges no lobbying for 5 years after leaving administration Trump team pledges no lobbying for 5 years after leaving administration
- November 22, 2016

In a separate gesture of reconciliation with establishment Republicans, Trump planned to meet with 2012 Republican presidential nominee Mitt Romney, who lambasted Trump as a "con man" and a "fraud" in a stinging speech in March. A protective pool that travels alongside or in proximity to the president, or a president-elect, is meant to be in position to inform the public about their whereabouts and demeanor, particularly during a national crisis or emergency. (more...)
Freeport-McMoran, Inc. (NYSE:FCX) reported Beta of 2.5 Freeport-McMoran, Inc. (NYSE:FCX) reported Beta of 2.5
- November 22, 2016

Independent Investors Inc. boosted its stake in shares of Freeport-McMoRan by 0.5% in the third quarter. To analyze a stock, one should look for Upgrades and Downgrades of a stock. These analysts have also projected a Low Estimate of $0.12/share and a High Estimate of $0.55/share. Morgan Stanley maintained the stock with "Overweight" rating in Tuesday, August 18 report. (more...)
Volkswagen to cut 30000 jobs by 2020 Volkswagen to cut 30000 jobs by 2020
- November 22, 2016

Mr. Diess, the VW brand chief, recently said his unit in its current state couldn't survive without the support of Volkswagen's more profitable brands, especially luxury-car maker Audi and sports-car maker Porsche. At 1324 GMT, the stock was still trading up 0.8 percent at 118.5 euros. "It is a good start, but now management has to execute and deliver", said Ben Walker, a partner at activist fund TCI, which sharply attacked Volkswagen management this year in open letters complaining about ... (more...)
Half of all Black Friday deals are actually better at other times Half of all Black Friday deals are actually better at other times
- November 22, 2016

It's estimated that one-third of Christmas shopping is now done online in Ireland, with Black Friday and Cyber Monday major reasons for that. Therefore, the people in the United Kingdom are going to buy everything with tag " Black Friday " or "Sale". (more...)
Nigeria's GDP shrinks by 2.24 % in Q3 of 2016 Nigeria's GDP shrinks by 2.24 % in Q3 of 2016
- November 21, 2016

The Oil SectorDuring the period under review, Oil production accord-ing to NNPC, averaged at 1.63million barrels per day (mbpd), lower from production in second quarter of 2016. Attacks have ramped up in the last few weeks following a lull that lasted a few months while militants and community leaders, who want a greater share of Nigeria's energy wealth to go to the region, held talks with the government. (more...)
Partial results in French right-wing primary show Fillon with strong lead
- November 21, 2016

Ex-prime ministers Francois Fillon and Alain Juppe both outpolled Sarkozy in early returns, and stand to advance to the November 27 runoff. Speaking from his Paris campaign headquarters, Sarkozy called on his supporters to vote for Fillon in next Sunday's runoff between the top two vote-getters. (more...)
House GOP Conference Tables Earmark Revival
- November 21, 2016

Voters chose President-elect Donald Trump in part because of his pledge to "drain the swamp" of Washington corruption, and restoring earmarks so soon "would have been a bad look", Simpson said . Doug Collins (R-Ga.) defeating outgoing Republican Study Committee chairman Rep. Bill Flores (R-Texas). More than two dozen junior Democrats wanted a delay, saying the party needs time to digest last week's election flop, losing the White House and gaining a disappointing handful of ... (more...)
Deals and Duds in the Search for Black Friday Savings Deals and Duds in the Search for Black Friday Savings
- November 21, 2016

It sounds ominous, but Black Friday is a celebration of discount shopping held in the United States each year the day after Thanksgiving . In addition, many stores will have special deals online at all hours. That said here is a guide to the places which will be taking part and what items they will be selling. People may shake their heads at how people could so carelessly regard a human life because of a "good deal" on appliances or electronics, but the psychology behind the ... (more...)
Tensions mount in Dakota Access pipeline protest Tensions mount in Dakota Access pipeline protest
- November 21, 2016

Last Monday, the Army Corps of Engineers issued a call for more dialogue with the Standing Rock tribe as it considers whether to grant an easement for the next stage of the pipeline. A statement from the sheriff's' department said one arrest had been made by 8:30 p.m. local time (0230 GMT Monday), about 2-1/2 hours after the incident began 45 miles (30 miles) south of Bismarck, the North Dakota capital. (more...)
India all out for 204, England need 405 to win India all out for 204, England need 405 to win
- November 21, 2016

Indian spinners were thwarted by a splendid display of ultra-defensive batting by England before the hosts edged ahead dismissing rival skipper Alastair Cook on an engrossing fourth day of the second Test. Ashwin trapped Stokes leg before shortly after the lunch break to hand the hosts a vital breakthrough. Only three bowlers have taken more five-fors for India , namely Anil Kumble (35 in 132), Harbhajan Singh (25 in 103) and Kapil Dev (23 in 131). (more...)
Global Stock Markets plummet and stabilize after the Donald Trump victory Global Stock Markets plummet and stabilize after the Donald Trump victory
- November 21, 2016

The Standard & Poor's 500 index climbed 8 points, or 0.4 percent, to 2,139. In the United Kingdom, futures are down 3.5%. It comes despite the fact that Trump, an untested politician with an unclear policy agenda, caused a sharp drop in most markets when his victory became clear yesterday morning. (more...)
Gold price around 6-mth lows as dollar marches higher
- November 21, 2016

The so-called core CPI, which strips out food and energy costs, climbed 0.1 percent last month after a similar gain in September. Large gains by the dollar, and stated plans by President-elect Donald Trump to expand United States shale drilling are also exerting downward pressure on oil prices. (more...)

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