Markets


Rescue service say dozens killed in Aleppo attack
- December 01, 2016

It has since morphed into a full-on civil war that has killed hundreds of thousands. Many of them fled to safer ground in areas under government or Kurdish control. United Nations humanitarian chief Stephen O'Brien said the situation was "alarming and chilling". East Aleppo has been under government siege for more than four months, with global aid stocks exhausted and food supplies running low. (more...)
Trump's Cabinet: Is it "Draining the swamp" or diving right in?
- December 01, 2016

Our most important priority is sustained economic growth, and I think we can absolutely get to [a] sustained three to four percent [growth in the] GDP, and that is absolutely critical for the country.... Combined, that group had an inflation-adjusted net worth of about $250 million - which is roughly one-tenth the wealth of Donald Trump's nominee for commerce secretary alone. (more...)
Union Pacific Corp. (UNP) To Go Ex-Dividend on November 28th
- December 01, 2016

Of them, 11 have a "buy", 2 suggested "sell", 12 said "hold" and 0 called "underperform" rating for the stock, according to Thomson Reuters data. Union Pacific Corporation (NYSE:UNP)'s rating score is 2.33 based on 18 stock views. The stock of Union Pacific Corporation (NYSE:UNP) has "Equal-Weight" rating given on Tuesday, February 23 by Morgan Stanley. The business also recently announced a quarterly dividend, which will be paid on Thursday, December 29th. (more...)
Major indexes set records as energy companies surge
- December 01, 2016

Rebalancing the market requires "courageous decisions", Al-Sada said. USA crude stockpiles unexpectedly fell 884,000 barrels in the week, compared with expectations of a 636,000 barrel increase. Iran and Russian Federation are effectively fighting two proxy wars against Saudi Arabia, in Yemen and Syria, and many sceptics had said the countries would struggle to find a compromise amid frosty political relations. (more...)
Behind Household Labels is Child Labor for Palm Oil Products Behind Household Labels is Child Labor for Palm Oil Products
- December 01, 2016

A report by the human rights organisation contains details of children aged between eight and 14 working without safety equipment at Wilmar's Indonesian plantations, where toxic pesticides are used. The ministry will also study working conditions at palm plantations and improve labour protection in Indonesia, he said. "The RSPO fully acknowledges the existence of serious problems in the protection of worker and human rights within the palm oil industry where poverty, weak law enforcement and ... (more...)
Donald Trump Makes Deal To Keep Carrier From Moving Jobs To Mexico! Donald Trump Makes Deal To Keep Carrier From Moving Jobs To Mexico!
- December 01, 2016

Carrier, which is owned by defense contractor United Technologies, announced in February that it would close two in plants, costing a total of 2,100 jobs. "And I think you ought to give him credit". Trump wants to make a deal because that what he does - he's a deal guy . This deal sets a bad precedent. (more...)
Oil prices fall 2 percent on doubts over OPEC output cut Oil prices fall 2 percent on doubts over OPEC output cut
- December 01, 2016

However, investor optimism was short-lived. "OPEC's production cut is great news for energy producers in New Mexico and around the nation", Pearce said in a news release. One day ahead of OPEC's much anticipated meeting in Vienna, oil has slid back under $46 on rising pessimism that an oil production cut deal, taken widely for granted as recently as last week, is going to take place. (more...)
Man Group Plc (MNGPF) Stock Rating Lowered by BNP Paribas
- December 01, 2016

Many Wall Street Analysts have commented on Man Group. Kepler Capital Markets began coverage on Associated British Foods plc in a research report on Wednesday, August 24th. This represents a dividend yield of 2.62%. TRADEMARK VIOLATION WARNING: This report was first reported by Community Financial News and is owned by of Community Financial News. (more...)
OPEC begins debate on oil cuts amid deep disagreement
- December 01, 2016

The breakthrough deal showed an apparent acceptance by Saudi Arabia that Iran , as a special case, can raise production. Thus, they want to put more pressure on the Saudis to cut their production to stabilize global markets. "Our talks with non-OPEC countries allow us to expect some countries to join the deal, cumulatively contributing approximately up to 300,000 bpd", Novak said. (more...)
Burris leads Redblacks to upset Grey Cup win
- December 01, 2016

The most outstanding Canadian award went to receiver Brad Sinopoli who had six receptions for 94 yards and a touchdown. Henry Burris was spotted at Toronto's Union Station preparing to board a train Monday, a day after leading the Ottawa RedBlacks to their first Grey Cup victory. (more...)
FTSE 100 lower as oil stocks fall
- December 01, 2016

CURRENCIES: The dollar was higher against the euro at $1.058 compared with $1.059 on Friday, and the dollar was at 112.38 to the Japanese yen, down from 113.04 on Friday. Emerging market stocks rose 0.9 per cent. The Nasdaq Composite was up 11.68 points, or 0.22 per cent, at 5,391.60. The U.S. dollar was broadly firm, hitting 9 1/2-month highs against the yen as oil prices surged after OPEC agreed to output cuts - lifting inflation expectations and U.S. (more...)
Iran's Zanganeh: OPEC 'close to a deal' but 'it's not a freeze' Iran's Zanganeh: OPEC 'close to a deal' but 'it's not a freeze'
- December 01, 2016

He noted markets couldn't really be blamed for the wrong call because the history has shown that OPEC often cannot agree due to a rivalry between Saudi Arabia and Iran . The news agency said Sunday that Algeria and Venezuela┬┤s oil ministers would travel to Moscow on Monday to try to get Russian Federation on board. Without an OPEC cut, the International Energy Agency predicts that the oil market will remain in surplus for a fourth year in 2017, which could cause prices to fall. (more...)
Palin Seems Eager To Win A Spot In Trump's Cabinet
- December 01, 2016

There were reports this month that the former Republican vice presidential candidate could be tapped as head of the Interior Department. The speech also includes a criticism of Barack Obama. The former Alaska governor has also been talked about for energy secretary and secretary of the interior positions. Of course, Palin became a national figure when she was selected as Sen. (more...)
Sartaj Aziz briefs heads of P5 missions on flagrant Indian aggression
- December 01, 2016

Pakistan will continue to raise its voice for the resolution of Kashmir Issue at every forum, he added. The Indian response came after the Indian Army warned of "heavy retribution" following the killing of three of its soldiers, with the body of one of them mutilated in a cross-LoC attack. (more...)
Family Finds Their Dog At Shelter Only To Reject Her Family Finds Their Dog At Shelter Only To Reject Her
- December 01, 2016

Just like in the movies, it looks like Zuzu will get a "Wonderful Life" after all. " I think the owners in their mind thought they were doing what was best for her ", she told us. "H$3 er owners were going to let her stay here". According to the shelter, a rescue group will serve as her foster home until a permanent, loving family can be found. (more...)
Unemployment Rates Down in 82 Kentucky Counties in October 2016 Unemployment Rates Down in 82 Kentucky Counties in October 2016
- December 01, 2016

While only good for the 20th lowest rate, Nevada's 3.4 percent year-over-year plunge in its construction unemployment rate to 4.9 percent was the largest decrease among the states and marked the state's lowest October rate since October 2007 when it also stood at 4.9 percent. (more...)
Dollar records best month against yen in seven years
- December 01, 2016

The Nasdaq composite fell 31 points, or 0.6 percent, to 5,348. European equities have climbed in November on speculation Donald Trump's USA election win will lead to increased fiscal spending. Politics are also playing their part in the rally, after Trump said he'd nominate former Goldman Sachs Group Inc. partner Steven Mnuchin as the next Treasury secretary. (more...)
Oil ETFs Wait on Upcoming OPEC Meeting Oil ETFs Wait on Upcoming OPEC Meeting
- December 01, 2016

Algerian Energy Minister Noureddine Boutarfa, architect of the preliminary agreement reached in Algiers, will travel to Moscow Monday with his Venezuelan counterpart before meeting Iraq's oil minister on Tuesday in Vienna , two OPEC delegates said. (more...)
S. Korean president offers to step down
- December 01, 2016

Hundreds of thousands of protesters have called for her to leave office over accusations that she allowed her friend Choi Soon-sil to pressure South Korean companies such as Samsung Electronics Co. The second-biggest opposition People's Party will continue to seek impeachment, spokesman Son Kum-ju said. The anti-Park faction would be reluctant to vote for the impeachment without an incentive from the opposition, such as a constitutional clause that would weaken the grip of the next president ... (more...)
Needham Company Allows Workers To Shop On Cyber Monday
- December 01, 2016

Cyber Monday is considered the biggest online shopping day of the year, with more than 120 million Americans buying products. Continuing the surge of a record-breaking Thanksgiving Day online, Friday's internet retail numbers blew past the projected $3.05 billion in revenue and 11.3 percent year-over-year growth rate by nearly $300 million for a record $3.34 billion and a massive 21.6 percent year-over-year growth rate. (more...)

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