Markets


I will not stop even if burnt alive: Narendra Modi I will not stop even if burnt alive: Narendra Modi
- November 22, 2016

Mamata Banerjee, who has been in touch with various parties on the issue, including arch rival CPI (M), slammed Modi for his remarks that poor are enjoying a sound sleep after demonetisation, saying it was an "insult" to the common people. In the three days about 8,000 followers were added to Kejriwal's account. Withdrawals from banks are limited to Rs. 10,000 a day and in ATMs, there will be restriction of Rs. (more...)
Lower gas prices encourage travel Lower gas prices encourage travel
- November 22, 2016

Whatever the traffic jams, sibling hostility and arguments over where to stop, Americans hitting the road this week can at least look forward to lower gas prices . " Gas prices contributes", Harris said. "Millions of Texans are planning to travel for the Thanksgiving holiday next week", said AAA Texas/New Mexico Representative Doug Shupe. (more...)
Mark Zuckerberg admits that Facebook's fake news problem persists Mark Zuckerberg admits that Facebook's fake news problem persists
- November 22, 2016

The company, he said, used to rely on its users to report fake news , but that apparently isn't working anymore, not when more fake news was shared this past election season than real news. "We need to be careful not to discourage sharing of opinions or to mistakenly restrict accurate content", he wrote. - Stronger detection . The most important thing we can do is improve our ability to classify misinformation. (more...)
Freeport-McMoran Copper & Gold (NYSE:FCX) Receives Outperform Rating From Cowen Analysts Freeport-McMoran Copper & Gold (NYSE:FCX) Receives Outperform Rating From Cowen Analysts
- November 22, 2016

Freeport-McMoran Copper & Gold has 1,361,688,000 shares which are now outstanding with shareholders and have a price of 13.73 bringing Freeport-McMoran Copper & Gold's market capitalisation to 18.70B Dollars. The firm earned $3.88 billion during the quarter, compared to analyst estimates of $3.95 billion. Mean (EPS) target is set at $0.29. Stock performance in last five sessions is recorded as 1.78% while year to date (YTD) performance is 12.56%. (more...)
Analog Devices, Inc. (NASDAQ:ADI), Calpine Corp. (NYSE:CPN) Analog Devices, Inc. (NASDAQ:ADI), Calpine Corp. (NYSE:CPN)
- November 22, 2016

Analog Devices has a 52 week low of $47.24 and a 52 week high of $73.60. The company reported $1.05 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.89 by $0.16. The disclosure for this sale can be found here. The company's stock has a Return on Assets (ROA) of 0.1 percent, a Return on Equity (ROE) of 0.7 percent and Return on Investment (ROI) of 5.9 percent. (more...)
American Airlines Group Inc (AAL) is Initiated by Citigroup to Buy American Airlines Group Inc (AAL) is Initiated by Citigroup to Buy
- November 22, 2016

QUALCOMM Incorporated (NASDAQ:QCOM) now has mean rating of 2.20 while 0 analysts have commented the shares as "BUY", 0 recommended as "OUTPERFORM" and 0 commented as "HOLD". About 434,321 shares traded hands. Air Lease's (AL) price target was bumped up to 40 from 26 at FBR & Co. Momentum traders often use swings in trading volume to identify heavy volume aggregation or circulation by institutional investors, so trading volume is likely to increase in the next few days. (more...)
Hayes Succeeding Smith As Tyson Foods CEO Hayes Succeeding Smith As Tyson Foods CEO
- November 22, 2016

Profitability Ratio Analysis; to measure firm's performance and profitability, we focus on ordinary profitability ratio, BTI has gross profit margin of 76.10% for trailing twelve months and operating margin is calculated as 33.10%, these are a better detectors to find consistency or positive/negative trends in a firm's earnings. (more...)
Private pharmacies, discoms to accept Rs 500, 1000 notes Private pharmacies, discoms to accept Rs 500, 1000 notes
- November 22, 2016

In an interview with CNBC TV18 , Bhattacharya stated that SBI has so far witnessed transactions of around Rs 1 lakh crore, of which 80-82 percent comprised of deposits while Rs 7,000 crore stood at withdrawals. The government has also advised all Banks to arrange mobile banking vans at major hospitals to carry out emergency banking transaction for patients. (more...)
Tom Murphy's Top 25 Poll for November 13 Tom Murphy's Top 25 Poll for November 13
- November 22, 2016

The Wolverines might have been closer to overtaking Ohio State than you thought, even coming off their first loss of the season. Three of the top four ( Michigan , Clemson and Washington ), five of the top 10 and seven teams overall in last week's rankings lost to unranked opponents. (more...)
Tom Murphy's Top 25 Poll for November 13 Tom Murphy's Top 25 Poll for November 13
- November 22, 2016

The Wolverines might have been closer to overtaking Ohio State than you thought, even coming off their first loss of the season. Three of the top four ( Michigan , Clemson and Washington ), five of the top 10 and seven teams overall in last week's rankings lost to unranked opponents. (more...)
Stocks Mostly Lower in Trump Pullback, Crude Selloff Stocks Mostly Lower in Trump Pullback, Crude Selloff
- November 22, 2016

Despite wavering in the first hour of trading, US stocks rallied the rest of the day on Wednesday, lifting the Dow Jones industrial average within 50 points of a record high close. Tech heavyweights Apple , Facebook, Microsoft and Alphabet were in positive territory premarket. Nasdaq 100 e-minis NQc1 were down 37.75 points, or 0.8 percent, on volume of 47,834 contracts. (more...)
Trump Win Sends Dow Jones to New Record Highs Trump Win Sends Dow Jones to New Record Highs
- November 22, 2016

The volatility isn't surprising since investors were expected to continue digesting Trump's historic victory and the impact it could have on economic policy, strategists said. Microsoft fell $1.47, or 2.4 percent, to $58.70. Still, shares of the company jumped 5.6%. The Shanghai Composite Index added 1.4 percent, Hong Kong's Hang Seng added 1.9 percent, and Australia's S&P/ASX 200 rallied 3.3 percent. (more...)
Half of Black Friday deals 'not all they're cracked up to be' Half of Black Friday deals 'not all they're cracked up to be'
- November 22, 2016

The chaos that ensues each year on Black Friday holds on strong, despite numbers fluctuating over the years and shoppers turning more to online. Black Friday sales will begin at 6 p.m. While the investigation only covered five retailers, it suggests that consumers should do their research before they shop, and consider holding off for a better deal once the chaos of Black Friday dies down. (more...)
Fidelity Investments' chairman Ned Johnson to retire Fidelity Investments' chairman Ned Johnson to retire
- November 22, 2016

As an owner of Fidelity, which manages $2.1 trillion in assets and has $5.5 trillion under administration, Ms. Johnson, like her father, is a billionaire. I have never felt more confident about Fidelity's future than I do now. He pioneered the direct marketing of mutual funds in the 1970s. She has changed the leadership of some underperforming divisions and has taken steps to embrace the firm's index-fund business, which has pulled in new money even as some actively-managed funds have suffered ... (more...)
IBM confirmed it is building more data centres in the UK IBM confirmed it is building more data centres in the UK
- November 22, 2016

IBM refused to be drawn on where the other three new data centres will be but it did say they'll be up and running by the end of 2017. "United Kingdom customers truly understand the capabilities of cloud to drive innovation, to be more flexible on their business model, to have better insight for decision making, and to deliver better customer service", said IBM's European cloud boss Sebastian Krause told Reuters . (more...)
Boeing Hires GE Aviation CEO to Run Commercial Airplanes Business Boeing Hires GE Aviation CEO to Run Commercial Airplanes Business
- November 22, 2016

The appointment of Mr McAllister, effective immediately, will be the first outsider to lead Boeing Commercial Airplanes since the unit was formed in 1965. The creation of BGS will spearhead Boeing's goal to triple its services business to around $50 billion by the middle of next decade. Last year, Mr Muilenburg named Leanne Caret head of the defence business. (more...)
Canadian Solar Inc. downgraded to Mkt Perform By FBR & Co Canadian Solar Inc. downgraded to Mkt Perform By FBR & Co
- November 22, 2016

The company had revenue of $657.30 million for the quarter, compared to analyst estimates of $685.28 million. Canadian Solar Inc . (NASDAQ: CSIQ)'s rating score is 2.09 based on 7 stock views. Cowen and Company assumed coverage on Canadian Solar in a research note on Thursday, August 25th. Barclays Capital downgraded the stock to "Equal Weight" rating in Wednesday, August 24 report. (more...)
Gold rises on physical buying, weak dollar Gold rises on physical buying, weak dollar
- November 22, 2016

The spot gold price was recently quoted at $1,218.05/1,218.40 per oz, up $2.55 on the previous close. U.S. gold futures were up 0.6 percent at Dollars 1,217.20 per ounce, after reaching as high as USD 1,220.90 earlier. Bullion has fallen 5.4 percent this month as of Friday's close, pressured by nerves around the USA election and speculation over the timing of an interest rate hike by the Federal Reserve. (more...)
Trump Son-in-Law Has Not Applied for White House Role, Campaign Manager Says Trump Son-in-Law Has Not Applied for White House Role, Campaign Manager Says
- November 22, 2016

While he was not a surrogate for Mr Trump and had no official title during the campaign, many say he has Mr Trump's ear. President-elect Trump is countering critics on Twitter, insisting that his transition process is organized. Drew Angerer/Getty Images News/Getty ImagesNEW YORK, NY - JULY 16: Surrounded by family members, Republican presidential candidate Donald Trump stands with his newly selected vice presidential running mate Mike Pence, governor of IN, at the end of an event at ... (more...)
Goldman Sachs' Europe co-head Sherwood quits company Goldman Sachs' Europe co-head Sherwood quits company
- November 22, 2016

Including shares he owns or has sold, options he's exercised, cash rewards in the past two years, and proceeds from his investments in the firm's own private-equity funds, Sherwood has reaped more than $300 million before taxes, according to data compiled by Bloomberg. (more...)

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