Markets


Euro Mixed Ahead Of German PMI Data Euro Mixed Ahead Of German PMI Data
- November 23, 2016

It was far above the 50 point line indicating growth in activity. The report indicated that new order inflows showed the largest monthly improvement since last December, with the rate of growth accelerating for the third month running. "France is also seen to be enjoying its best spell since the start of the year, with the PMIs signalling GDP growth of 0.2-0.3% in the fourth quarter". (more...)
Explosion at protest site bears investigation
- November 23, 2016

He said 300 of the "water protector" protesters were treated for injuries after the event, including one women who may lose her arm after being hit by a projectile. The explosion "blew the bone out of her arm", Wayne Wilansky, Sophia Wilansky's father, said during a news conference Tuesday outside the medical center in Minneapolis where she was taken by helicopter from the protest site. (more...)
Seven suspected migrants rescued from boat near Dover Seven suspected migrants rescued from boat near Dover
- November 23, 2016

Police hunting for missing Russell Sherwood in South Wales have found what they believe to be his vehicle. The Environment Agency has issued 17 flood warnings, and 103 alerts are in place. Fading light and treacherous weather conditions had stopped Monday's search, which included scouring the River Ogmore and routes he may have driven along near Neath. (more...)
Oil Prices End Near Flat On Uncertain Outcome From OPEC Meeting
- November 23, 2016

Analysts said they had been encouraged by the Saudi's steadfast commitment to the price cut, despite Iran's insistence that it should be excluded from output reductions. Anticipation has been building that the cartel will strike a supply cut aimed at bolstering prices, fueled by optimistic comments from OPEC delegates in recent days. (more...)
Amid uncertainty, UK Treasury chief to offer bleak outlook
- November 23, 2016

The Tory mantra of cut, cut and cut again simply isn't working. However, John McDonnell, the shadow Chancellor, said millions of families would still face "deep and damaging cuts". Hammond told the BBC's Andrew Marr Show on Sunday that the government was committed to tackling the country's "eye-watering" deficit. Job perks enjoyed by millions of middle earners, including health checks, gym memberships and mobile phone contracts, are likely to be scrapped. (more...)
Foxtons' share price plummets as chancellor ditches letting agents' fees Foxtons' share price plummets as chancellor ditches letting agents' fees
- November 23, 2016

Letting fees for tenants are already banned in Scotland. He said the average fee charged by its agents was £202 per tenant which was "fair, reasonable and far from exploitative for the service tenants receive". In September Barwell, in a question-and-answer session on social media, told another industry publication - Inside Housing - that a ban was "Bad idea - landlords would pass cost to tenants via rent". (more...)
Thomas Cook to pay first dividend in five years Thomas Cook to pay first dividend in five years
- November 23, 2016

Thomas Cook is to pay a dividend to shareholders for the first time in five years as it seeks to draw a line under a year blighted by terrorism attacks in Europe and political instability in Turkey. It recently announced it will open 14 sites across countries including Croatia, Spain, Italy and Cyprus over the next two years. Thomas Cook's dividend policy is to target a payout ratio of between 20% and 30% of reported net profit each year, it said before. (more...)
Gigi Hadid apologizes for Melania Trump impression at AMAs
- November 23, 2016

Gigi Hadid said her Melania Trump impression during the American Music Awards on Sunday "was done in good humor with no bad intent". I apologise to anyone that I offended. Hadid sincerely believes that the First Lady will be understanding enough to be and that, she will take the joke lightly knowing show business. She was called a "bully", a "piece of sh*t", "racist", and more by Trump supporters, who commented on weeks-old Instagrams. (more...)
Samsung Group, pension fund offices raided in growing South Korea scandal Samsung Group, pension fund offices raided in growing South Korea scandal
- November 23, 2016

The Yonhap news agency reported that investigators were probing NPS's decision to approve the $8bn merger of Samsung C&T Corp and Cheil Industries a year ago. Choi was indicted last Sunday and charged with abuse of power in a major blow to the president's fight for political survival. Inside Story - Will South Korea's president be forced out of office? Elliott Management, a USA hedge fund, strongly opposed the merger due to an unfair exchange ratio of stocks between the two affiliates. (more...)
Morrisons to revive Safeway brand name Morrisons to revive Safeway brand name
- November 23, 2016

A Morrisons spokesman said: "Safeway is a name that Scots know well". Earlier this year, Morrisons announced a partnership with Amazon to ramp up its online offering. Shore Capital analyst, Clive Black, said the agreements with the likes of Amazon and the petrol forecourt operators "reveal a remarkable degree of innovative thinking from Morrisons about how the company reaches many more customers". (more...)
Washington up to 5th as Louisville drops in CFP rankings
- November 23, 2016

According to the latest College Football Playoff rankings , which were released Tuesday evening, Alabama (1), Auburn (13), Florida (15) and Tennessee (17) were the only SEC schools among the committee's Top 25 rankings. So look out at Camp Randall. More dominoes would need to fall in order for Oklahoma , Colorado or Oklahoma State to reach the festivities, but it's not out of the realm of possibility. (more...)
Fukushima Earthquake Was Aftershock From Deadly 2011 Quake
- November 23, 2016

It was centred off the coast of Fukushima prefecture at a depth of about 10 kilometres (6 miles), the Japan Meteorological Agency (JMA) said . A 6.9-magnitude quake struck northeastern Japan on Tuesday morning at about 6 AM local time (GMT 9 pm Monday), which triggered a minor tsunami wave. (more...)
Demonetisation: NABARD sanctions Rs 21000 cr to district central co-op banks Demonetisation: NABARD sanctions Rs 21000 cr to district central co-op banks
- November 23, 2016

Over 40 percent of small farmers get their crop loan credit from the co-operative institutions, said Das, in unveiling the move. "The enhanced fund limit by NABARD for district central cooperative banks will be passed on to the primary agricultural cooperative societies and they will get activated and will meet the crop loan requirement of the farmers for Rabi season", Das said. (more...)
Tesla's acquisition of SolarCity receives overwhelming shareholder approval
- November 23, 2016

About the acquisition, Musk noted that he plans to build an integrated sustainable energy company, which not only produces energy in a sustainable way, but is also stored, consumed and even used in transportation in a sustainable manner. Some critics have characterized the merger proposal as a bailout by Tesla of SolarCity , which has struggled financially. Last month, he unveiled roof solar tiles that the combined company would sell. (more...)
Syrian government rejects United Nations proposal to end atrocious bombing of Aleppo
- November 23, 2016

Following a meeting with the UN's Special Envoy Staffan de Mistura in Damascus , Foreign Minister Walid al-Moallem said that the idea had been "completely rejected", calling it a "violation of our sovereignty". A rebel official, Zakaria al-Malahifji, from the Fastaqim group, also said they had been killed by gas. That brought to 115 the number of civilians killed since the bombardment resumed. (more...)
Obama, UN Envoy, See the End Nearing in Syria Obama, UN Envoy, See the End Nearing in Syria
- November 23, 2016

The country's civil war, which began amid a brutal regime crackdown on initially peaceful anti-government protests inspired by the Arab Spring in 2011, is now in its sixth year and has claimed up to 300,000 lives. United Nations envoy Staffan de Mistura on Monday wrapped up a visit to Damascus after the government rebuffed his plan for a truce in Aleppo, including a plan for the opposition to administer eastern areas. (more...)
Hormel Foods Declares Dividend of $0.17 Per Share Hormel Foods Declares Dividend of $0.17 Per Share
- November 23, 2016

According to their observations and findings, the stock could provide a high EPS of $0.49/share and a Low EPS of $0.43/share. The shares were sold at an average price of $38.00, for a total value of $133,000.00. The rating score is on a scale of 1-5 where 1 stands for strong buy and 5 stands for strong sell. It fell 1.8% to close at $34.94 per share on November 21, 2016. (more...)
LeBron James Says America Has 'Never Been Built on One Guy'
- November 23, 2016

Both missed the game with sore right knees. Zeller found himself in foul trouble throughout the first half, and carried the tough outing into the second half as well. Kelly Olynyk scored 19 points and Avery Bradley added 15 for Boston. James knocked down three of Cleveland's 14 3-pointers in the win but more notable was point guard Kyrie Irving finding his shooting stroke and knocking down 4-of-9 from beyond the arc in a 29-point effort. (more...)
Medtronic PLC (MDT) Releases FY17 Earnings Guidance Medtronic PLC (MDT) Releases FY17 Earnings Guidance
- November 23, 2016

The business's revenue was up 4.1% compared to the same quarter a year ago. Receive News & Ratings for Medtronic PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Medtronic PLC and related companies with MarketBeat.com's FREE daily email newsletter. (more...)
Oil falls on higher U.S. crude inventories, strong dollar Oil falls on higher U.S. crude inventories, strong dollar
- November 23, 2016

The Brent crude futures contract for January 2017 delivery was trading at $46.83 per barrel-a gain of ~0.45%. Prices were buoyed by expectations that US shale oil production will in December fall to its lowest since April 2014 at 4.5 million barrels per day (bpd). (more...)

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