Markets


Cyber Monday offers deals and convenience to holiday shoppers
- November 26, 2016

Now, while Black Friday bargains are still on, Amazon rolls out its hot Cyber Monday deals on November 28; which showcases more than 75,000 deals all throughout the week. Before the turkey was even on the table, some people were already lining up at East Texas stores to take advantage of Black Friday shopping deals. This weekend is crucial to set the tone for the season. (more...)
Is there Upside to Citizens Financial Group, Inc. (NYSE:CFG) Stock?
- November 26, 2016

Trading stocks at an all time highs is usually a winning strategy. The trading volume was recorded to 2.25 million shares as compared to average traded volume of 4.44 million shares. 58 funds bought stakes while 187 increased positions. They now own 189.35 million shares or 5.66% less from 200.71 million shares in 2016Q1. In the last 27 earnings reports, the company has topped earnings-per-share estimates 77% percent of times. (more...)
No Drop In Demand For Oil Over Next Decade, Says OPEC
- November 26, 2016

Analysts said the news was the major factor dragging oil prices down, as the investors were uncertain whether OPEC would be able to reach an output cut deal by the end of this month. "We have not achieved an agreement within OPEC", a Gulf source familiar with Saudi oil thinking said on Friday. 'We believe that this decision is essential, historical. (more...)
Saudi wants OPEC to solve own problems before meeting non-OPEC
- November 26, 2016

As OPEC prepares for talks on eliminating a global crude glut, Nigeria's oil minister says he's more concerned about the potential for USA shale suppliers to replace the lost barrels by ramping up their own output, quelling any price rally the producer club might achieve. (more...)
US Green's candidate raises enough money to demand vote recounts US Green's candidate raises enough money to demand vote recounts
- November 26, 2016

Stein said she also plans to challenge the presidential election results in Pennsylvania and MI, where Trump won. The Green Party has cited unspecified "anomalies" as the grounds to challenge a cote recount . U.S. officials have said there was no evidence of election tampering in the three states where Republican candidate Donald Trump had razor-thin victories over his Democratic rival. (more...)
While some celebrate Black Friday, others recognize Buy Nothing Day While some celebrate Black Friday, others recognize Buy Nothing Day
- November 26, 2016

The Berlin resident said she had previewed the store's flier and was interested in electronics and video games for her two young sons and three nephews. "After Thanksgiving , we're trying to save some money before the holidays". The Best Buy store in Minot was one that opened its doors Thursday night. (more...)
Washington Redskins 2016: And down the National Football League stretch…
- November 26, 2016

The Washington Redskins' looming Thanksgiving matchup with the Dallas Cowboys , a pivotal game in the NFC East and playoff picture, was already on the cornerback's mind. Aaron Rodgers was 26-of-41 for 355 yards and three touchdowns, but he couldn't keep up with what his defense gave up. He totaled 127 yards from scrimmage in Sunday's win against the Baltimore Ravens, who visited Dallas with the NFL's No. (more...)
Cubans in Miami cheer and celebrate after Castro's death
- November 26, 2016

This revolutionary culture continues to this day, the latest example being the excellent work done by Cuban healthcare professionals in the fight against the deadly Ebola virus in our continent. Republican Ed Royce, the chairman of the House of Representatives' Foreign Affairs Committee, said on Saturday that Castro left a legacy of "repression at home, and support for terrorism overseas". (more...)
Japan's Abe confident of relationship with Trump Japan's Abe confident of relationship with Trump
- November 26, 2016

Abe also said, "We agreed to meet again at a mutually convenient time to have a broader and more in-depth discussion". The meeting at the Trump Tower in Manhattan lasted for approximately 90 minutes, according to a Trump official. President Barack Obama , addressing the nation on November 9, urged the country to come together after a divisive election season. "All the people shared the same opinion - that we don't need to be nervous about every single word and phrase said during Mr. (more...)
Earl Thomas ruled out for Seahawks Earl Thomas ruled out for Seahawks
- November 26, 2016

Seattle, meanwhile, is battling for home-field advantage in the playoffs, and Koetter said as he looks at the Seahawks , he sees a model of what he'd like the Buccaneers to be. "This is what I do best". "They played Atlanta earlier, so we got a pretty good picture of it with Sherman and Julio", said head coach Dirk Koetter . (more...)
Wells Fargo tries to kill fake account lawsuit Wells Fargo tries to kill fake account lawsuit
- November 26, 2016

Reuters reports the proposed class-action lawsuit, filed on Tuesday in federal court in Minnesota, accused the third-largest USA bank of steering 401 (k) contributions to its Wells Fargo Dow Jones Target Date funds. It's the first class-action lawsuit filed after Wells Fargo agreed to pay $185 million in penalties and $5 million in customer reimbursement after opening 2 million accounts without customers' authorization. (more...)
Prime Minister Justin Trudeau reacts to former Cuban leader Fidel Castro's death
- November 26, 2016

Raúl Castro, the brother and successor of revolutionary icon Fidel Castro, announces the unexpected news that Cuba's former leader has died at the age of 90. Castro clung to a socialist economic model and one-party Communist rule, even after the Soviet Union disintegrated and most of the rest of the world concluded that state socialism was a bankrupt idea whose time had come and gone. (more...)
Business brisk, but Black Friday is spreading all over the calendar
- November 26, 2016

Prices decide where 46 percent of those surveyed shop. Looking beyond this weekend, the National Retail Federation projects November and December retail sales - leaving out autos, gasoline and restaurants - will total to almost $656 billion, almost four percent greater than the sum of retail business from the same months a year ago. (more...)
Wall Street closes at new record high Wall Street closes at new record high
- November 26, 2016

Meanwhile, Nasdaq 100 mini futures (NYSEARCA:QQQ) advanced 13.50 points to 4,863.00. Natural gas rose four cents to 3.03 dollars per 1,000 cubic feet. Caterpillar rose as much as 2.8 percent to a near 2-year high of $96.26. When bonds yields rise, those stocks become less appealing to investors seeking income. (more...)
Jill Stein files election recount request in Wisconsin
- November 26, 2016

Trump, a Republican who ran as an anti-establishment maverick, carried all three states by narrow margins despite public opinion polls pointing to victories by Hillary Clinton, the Democratic standard-bearer. Trump won by 70,000 votes. "This is not being done to benefit one candidate at the expense of the other", she said Thursday during an appearance on the PBS NewsHour . (more...)
Trump's Election Has Already Killed Part of Obama's Legacy Trump's Election Has Already Killed Part of Obama's Legacy
- November 26, 2016

But as the political season approached and voters registered their concerns by supporting Mr. Trump, the GOP reacted coolly to the deal Mr. Obama's team reached with Japan and 10 others countries just over a year ago in Atlanta. The topic was expected to come up at a summit of Asia-Pacific Economic Cooperation countries in Peru later this month and White House officials have not yet commented on how Trump's election will change the president's calculus as he approaches discussions with leaders ... (more...)
Dow hits record; U.S. yields, dollar at multi-year highs Dow hits record; U.S. yields, dollar at multi-year highs
- November 26, 2016

Strong quarterly earnings from a raft of food and retail companies also boosted stocks on Tuesday. USA two-year Treasury note yields rose to 6-1/2 year highs of 1.151 percent after data showed that US manufactured capital goods rebounded in October, boosting expectations of faster economic growth.Short-and intermediate-dated debt has come under pressure, partly as investors worry that the Federal Reserve may raise rates faster than previously expected. (more...)
Pakistan warns India of consequences if it violates Indus Water Treaty
- November 26, 2016

He clarified that the legislature had shaped a team to see, what should be possible to make greatest utilization of water that streams to Pakistan under the Indus Water Treaty, and that he would stop "each drop" of Indus water from going to Pakistan, keeping it rather for Jammu and Kashmir, for Punjab and for India's farmers. (more...)
Statement by President Juncker on the passing away of Fidel Castro
- November 26, 2016

Attended Roman Catholic schools and University of Havana, where he earned law and social science degrees. The leftist government of El Salvador is expressing "eternal gratitude" to Castro and the Cuban people for help "in the most hard times". (more...)
Shoppers hit the stores for Black Friday deals
- November 26, 2016

But many workers and shoppers think stores put profits over employees' time with their families. At the Super target on MI road in Carmel shoppers waited in line for hours until store doors opened at 6pm. Mall of America suspended operations on the holiday. Stores like JCPenney and Kohl's began promoting Black Friday sales prices online earlier this week. (more...)

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