Markets


Five Heisman Trophy finalists named
- December 06, 2016

Westbrook's 16 receiving touchdowns have covered an average of 48.8 yards, the highest average in the last 21 years among all FBS players with at least 12 TDs in a season. Watson and the second-ranked Tigers face third-ranked Ohio State in the Fiesta Bowl on December 31 with a spot in the College Football Playoffs Championship game on the line. (more...)
Lady Gaga reveals she battling a mental illness Lady Gaga reveals she battling a mental illness
- December 06, 2016

So here we are. "The trauma in my life helped me to understand the traumas of others", said the artist during an interview with " Today ". "I've suffered through depression and anxiety my entire life, I still suffer with it every single day", she said in an October 2015 feature for Billboard . (more...)
Online is the big victor of Black Friday's shopping rush Online is the big victor of Black Friday's shopping rush
- December 06, 2016

Online bargain hunting also took its toll on main street retailers, as internet sales posted double-digit annual growth for the third consecutive month. Paul Martin, UK head of retail, KPMG, said: "November retail sales figures remained positive - with total growth up 1.3 per cent on a year ago - but performance has slowed down and was not as strong as the previous month". (more...)
Canadian Imperial Bank of Commerce (NYSE:CM) shares gain on profit beat Canadian Imperial Bank of Commerce (NYSE:CM) shares gain on profit beat
- December 06, 2016

The stock began the session at $65.75 and the volume stood at 9,21,560 shares. 10/21/2016 - Canadian Imperial Bank of Commerce had its "sector perform" rating reiterated by analysts at Scotiabank. The bank raised its dividend to C$1.24 from C$1.21 previous year and revealed its core tier 1 ratio, a key measure of its financial strength, had risen to 11.3 percent, the highest of any major Canadian bank. (more...)
Not A Hack: U.S. Office Of Government Ethics Tweets At Trump
- December 06, 2016

Mr. Trump, a real estate magnate who owns hotels and golf resorts from Panama to Scotland, said he will spell out at a December 15 news conference how he will separate himself "in total" from his worldwide business holdings, which include a winery, modeling agency and a range of other businesses. (more...)
Really worthy Stock of Friday: Chesapeake Energy Corporation's ( CHK ) Really worthy Stock of Friday: Chesapeake Energy Corporation's ( CHK )
- December 06, 2016

The insider owns 14,043,820 shares which have current market value of around $101536818.6.Archie W. Dunham is another major inside shareholder in the company. Equities research analysts predict that Chesapeake Energy Corp. will post ($0.07) earnings per share for the current fiscal year. Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter . (more...)
Oil logs modest gain to extend OPEC-fueled rally
- December 06, 2016

But, he said, "It's not going to happen overnight". It was last Wednesday that the Organization of Petroleum Exporting Countries (OPEC) agreed to cut oil production for the first time in eight years . On Tuesday at 0830 GMT, US benchmark West Texas Intermediate was down 39 cents on the day at Dollars 51.40, while Brent North Sea crude had dropped 31 cents to USD 54.63. (more...)
Renzi told to stay put a bit more; foes press for vote
- December 06, 2016

Pashootan gave USA infrastructure stocks as an example of a sector that has gained following Trump's election, even though the individual company's balance sheets may not support the rise. The world's oldest operating bank, Monte dei Paschi, is the weakest link. The most immediate concern is a potential banking crisis. At 80, Berlusconi has had health setbacks, undergoing open-heart surgery earlier this year. (more...)
Shoppers don't have to wait in line at Seattle's Amazon Go store
- December 06, 2016

The technology automatically detects when you take an item off the shelf, and keeps track of it in your virtual cart. As well, unlike shopping on Amazon.com, a store space is still a finite place-if they don't have what you want, why bother going there in the first place? When finished shopping, customers leave the store and their Amazon account is charged. (more...)
Art of the deal? Carrier jobs saved at a price Art of the deal? Carrier jobs saved at a price
- December 06, 2016

Trump said there will be a 35_percent tax on the country's "soon to be strong border" for companies that leave and then want to sell their products back to US consumers. Carrier is receiving $7 million in tax incentives from the state of in - where Vice President-elect Mike Pence is governor - to keep the 1,100 jobs in America and to keep the factory open. (more...)
Far-Right Candidate Loses Bid for Presidency in Austria
- December 06, 2016

The ballot was a rerun of the May 2015 vote, which Van der Bellen won with just 50.35 per cent. He thanked supporters and described himself as "infinitely sad that it hasn't worked out". "The next elections will be theirs", far-right anti-EU National Front leader Marine Le Pen wrote on Twitter , referring to Hofer's defeated party. (more...)
Far-right candidate concedes defeat in Austrian presidential election
- December 06, 2016

The runoff vote was a litmus test, since it was a re-run of a vote held in May, before Britain voted to leave the European Union and Americans elected Donald Trump as president. "Some wanted to assert that the presidential election (was) a vote between two extremes. The next elections will be theirs", she wrote on Twitter, referring to Hofer's anti-immigration Freedom Party (FPOe), an ally of her National Front. (more...)
Australia Rate Decision On Tap For Tuesday Australia Rate Decision On Tap For Tuesday
- December 06, 2016

A decision that was widely predicted by economists across the country, the RBA has left the official cash rate at the historic low of 1.5% for the fifth consecutive month. Financial markets fear a victory for the opposition "no" camp could trigger political instability should Prime Minister Matteo Renzi resign as he has suggested as well as renewed turmoil for Italy's battered banks, pushing the eurozone towards a fresh crisis . (more...)
Trump Momentum Powers Wall Street to Fresh Records
- December 06, 2016

Wall Street's three main indices hit records again on Tuesday, with the Dow topping 19,000 points for the first time ever, climbing as high as 19,013 before pulling back a bit. "Stocks are no longer stuck in that frustrating range and we've finally broken through to new records". Campbell Soup gained $1.77, or 3.2 percent, to $56.81 and Hormel rose 57 cents, or 1.6 percent, to $35.51. (more...)
Pulse owner decides not to sell club to city of Orlando
- December 06, 2016

The owner of the Pulse nightclub has decided not to sell the building to the city of Orlando - a deal that would have cost $2.25 million. Heather Fagan, Dyer's deputy chief of staff, acknowledged Poma's decision in a statement. "The struggle was with letting it go", she said, "and it's something I couldn't come to grips with". But at the Orlando City Council meeting on November 14, Mayor Buddy Dyer delayed a vote from Orlando commissioners on the purchase because of resistance from some on ... (more...)
Fed's Dudley: More stimulus could mean Fed would hike rates faster Fed's Dudley: More stimulus could mean Fed would hike rates faster
- December 06, 2016

Following a Taylor Rule, a favorite of Republican critics in which rates are tied to levels of inflation and growth, would have led to "much too tight monetary policy and as a outcome you would have had a much weaker USA economy" in recent years, Dudley said. (more...)
Kinder Morgan's TMP Expansion Gets Canadian Government's Approval
- December 06, 2016

Kamloops Chamber of Commerce president Ryan Scorgie believes the project will create jobs for skilled workers in the community. Then came the Kinder Morgan Surprise. The Premier wants her province to have a share of the taxes and construction jobs, to be sure, but in addition, The Globe and Mail has learned, the B.C. (more...)
Unemployment Down to 4.6% as 178000 Jobs Added in November Unemployment Down to 4.6% as 178000 Jobs Added in November
- December 06, 2016

Americans will get their first look at the US job market Friday since the victory of President-elect Donald Trump, who campaigned on promises for better jobs. November was the 74th consecutive month America added jobs. A broad measure of unemployment and underemployment, which includes those in part-time jobs who want full-time positions and people who have stopped seeking work, was 9.3% in November. (more...)
How the Dow Jones Industrial Average Finished Monday
- December 06, 2016

On Wall Street, futures for the Dow Jones industrial average and the Standard & Poor's 500 index gained 0.4 per cent. Confidence was boosted by data showing activity in the United States services sector rose to a one-year high in November. (more...)
Ghani and Aziz spar over terrorism
- December 06, 2016

On Saturday evening, Prime Minister Narendra Modi and Afghan President Ashraf Ghani also made the trip to the holy shrine with Modi also distributing "langar" to devotees. In an interview on Monday, he said that implementation of the National Action Plan is being fully implemented to eradicate the menace of terrorism from the country. (more...)

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