Markets


MSS limit raised to Rs 6 lakh crore to manage liquidity MSS limit raised to Rs 6 lakh crore to manage liquidity
- December 03, 2016

Otherwise, the two together may work as a double whammy in terms of pushing up government securities yield and impending bank lending transmission", Ghosh said. From time to time, the Centre issues "government stock" at fixed interest rates which can be bought by the banks to get rid of their excess liquidity. (more...)
Sarah Palin blasts Donald Trump's deal with Carrier as 'crony capitalism'
- December 03, 2016

Trump's transition team has refused to publicly disclose the full details of the deal, but company officials said in a statement Thursday that the state of in, where Pence is governor, offered the company a $ 7 million package over multiple years, contingent on factors including employment, job retention and capital investment. (more...)
Mnuchin: Trump Wants 'No Absolute Tax Cut' for Upper Class
- December 03, 2016

President-elect Donald Trump and his team are sending mixed signals. While Democratic nominee Hillary Clinton spoke about raising taxes on only those at the top of the income ladder, #Donald Trump gave a more vague description of his #tax plan . (more...)
DOT grants Norwegian permit to begin USA services DOT grants Norwegian permit to begin USA services
- December 03, 2016

It also plans to launch low-priced transatlantic flights from Shannon. The DOT tentatively approved the application in April, roiling the aviation industry, union groups and lawmakers from both sides of the aisle. "These flights will help grow inbound tourism, give Cork Airport's passengers greater choice, attract more investment to the region and improve social and cultural ties between Ireland and the US". (more...)
Rating To Observe: Is Guggenheim Positive On Pfizer (PFE)?
- December 03, 2016

The brokerage now has $38.00 target price on the biopharmaceutical company's stock. The biopharmaceutical company reported $0.64 EPS for the quarter, beating the Zacks' consensus estimate of $0.62 by $0.02. The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 1st. Shareholders of record on Friday, November 11th will be given a dividend of $0.30 per share. (more...)
Markets Right Now: Dow briefly tops 19000 for first time
- December 03, 2016

Discount store chains made large gains on Tuesday as shoppers continued to flock to their outlets, but health care companies tumbled. Burlington Stores surged 16 per cent and Dollar Tree gained 8 per cent. ASIA'S DAY: Japan's Nikkei 225 stock index added 0.3 percent to finish at 18,162.94 after dipping briefly following a powerful quake in northern Japan that set off a small tsunami but caused minor damage and injuries. (more...)
Niagara Regional Police Service ends Amber Alert for Ontario girl, 9
- December 03, 2016

The Niagara Regional Police Service said it cancelled the alert early Saturday morning, even though the girl had still not been located. "She was last seen yesterday at 6 p.m., at 6 King St., Welland", say police. (more...)
US jobless rate falls to 9-year low US jobless rate falls to 9-year low
- December 03, 2016

Average hourly earnings fell 0.1% from the month before, and that reduced the annual increase in wages to 2.5% from 2.8% in October. There was some improvement in a broader measure of unemployment - the U6 rate - which reflects people who work part time because they can't find full-time jobs. (more...)
Cyber Monday is biggest ecommerce day in United States history
- December 03, 2016

E-commerce sales rose 10.8 percent for the two-day period, while sales at physical stores grew 8.6 percent, according to First Data, which analyzed online and in-store payments across different forms of payment cards from almost one million merchants Thanksgiving and Friday. (more...)
Meat free £5 note: Not suitable for vegetarians
- December 03, 2016

It couldn't say whether polymer used in cash for other countries also contained animal fat. A Change.org petition to remove tallow from the five-pound note has gained more than 78,000 signatures, with actor Samantha Morton adding her voice to the cause. (more...)
Rating Change: Does Chevron (NYSE:CVX) Look Good? Independent Research Upgrades It Rating Change: Does Chevron (NYSE:CVX) Look Good? Independent Research Upgrades It
- December 03, 2016

TX's investment portfolio, making the stock its 17th largest position. Company latest quarter ended on 30 Sep 2016. Inc. raised its position in Chevron Corp.by 322.6% in the second quarter. Investors of record on Friday, November 18th will be issued a dividend of $1.08 per share. Jefferies Group reiterated a buy rating and issued a $116.00 price objective (up previously from $114.00) on shares of Chevron Corp.in a report on Wednesday, July 6th. (more...)
Alphabet Inc. (GOOG) CEO Sells $25711638.16 in Stock
- December 03, 2016

Several other large investors also recently made changes to their positions in the company. Klingman & Associates LLC now owns 184 shares of the company's stock worth $143,000 after buying an additional 41 shares during the last quarter. A number of research analysts have issued reports on the company. Jefferies Group restated a "buy" rating on shares of Alphabet in a research note on Friday, September 9th. (more...)
Are The Goodyear Tire & Rubber Company (NASDAQ:GT) Shares Heading Higher? Are The Goodyear Tire & Rubber Company (NASDAQ:GT) Shares Heading Higher?
- December 03, 2016

CTB has been the subject of a number of other reports. Gabelli also issued estimates for Cooper Tire & Rubber Co.'s FY2017 earnings at $4.10 EPS and FY2018 earnings at $4.27 EPS. If you are viewing this report on another publication, it was stolen and reposted in violation of US and global copyright & trademark laws. The company also recently declared a quarterly dividend, which was paid on Thursday, December 1st. (more...)
Most important OPEC meeting in 40 years is expected
- December 03, 2016

West Texas Crude futures for delivery in January fell in early European trading to $45.56, down $0.50 or just over 1.1%. Boutarfa also called for non-OPEC members such as Russian Federation to cut their output by 600,000 barrels per day (bpd) - also slightly higher than earlier proposals - saying that falling oil prices were hurting the global economy and "must be stopped". (more...)
Is Trump's Deal With Carrier A Form Of Crony Capitalism?
- December 03, 2016

The plant's workers would have been laid off over three years starting in 2017. He was due to make remarks there later in the day. "We're going to need to hold Trump to his word to save American workers' jobs across the country", said Wayne Dayle, who as regional director for the United Steelworkers union in Indianapolis represents employees at the Carrier plant, as quoted by Reuters . (more...)
Reliable stocks in today's share market: Cognizant Technology Solutions Corporation (NASDAQ:CTSH)
- December 03, 2016

Sawtooth Solutions LLC now owns 7,407 shares of the information technology service provider's stock worth $353,000 after buying an additional 1,222 shares during the period. This showed the surprise of 1.5% in the last quarter earnings. In contrast to the year ago quarter EPS was at 0.93. For the Current Quarter, 28 analyst are projecting the mean EPS to be $0.87/share. (more...)
Oil Rises as OPEC Delegate Says Everyone 'On Board' for a Deal Oil Rises as OPEC Delegate Says Everyone 'On Board' for a Deal
- December 03, 2016

Brent oil futures were trading slightly up at about US$49.2 per barrel at 8:10pm GMT yesterday, having lost most of their earlier gains of about US$1 a barrel. This would stabilize oil prices which have dropped to new lows for the past year. According to reports, preliminary terms of a deal that will reduce the production of oil slightly are being worked but the details remain to be determined. (more...)
Sirius reapproaches Pandora for a takeover Sirius reapproaches Pandora for a takeover
- December 03, 2016

MKM Partners increased their price target on Pandora Media from $11.50 to $13.00 and gave the company a "neutral" rating in a report on Thursday, August 4th. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website . Institutional investors have recently bought and sold shares of the company. (more...)
Versatile Bell reveling in heavy workload for Steelers
- December 03, 2016

The person most convinced at Roethlisberger's table inside The Theatre at Madison Square Garden more than 12 years ago was his college coach at Miami (Ohio), the late Terry Hoeppner, who believed the Giants were going to select his guy. He leads the NFL with 82 catches and is tied for the league lead with 10 TD receptions. He is the second-most targeted receiver in football with 120. (more...)
United States jobs report: 4 facts to know before its release United States jobs report: 4 facts to know before its release
- December 03, 2016

A broad measure of unemployment that includes people who want to work but have given up searching and those working part-time because they can not find full-time employment fell two-tenths of a percentage point to 9.3 percent, the lowest level since April 2008. (more...)