Markets


Texas judge blocks overtime rule challenged by Paxton, others Texas judge blocks overtime rule challenged by Paxton, others
- December 07, 2016

The Department of Labor issued the following statement regarding the federal court's preliminary injunction . Lawn care and landscaping companies across the country have made changes to salaries and wages in preparation for the rule that was set to go into effect December 1. (more...)
Is a Sprint merger with T-Mobile back on the table?
- December 07, 2016

Mr. Son initially purchased Sprint in order to merge it with T-Mobile, however such a merger was rejected by American regulators. Republican presidential candidate and businessman Donald Trump talks to members of the press in Simi Valley, California, September 16, 2015. (more...)
Christy Clark: BC's 5 conditions for pipelines close to being met
- December 07, 2016

The federal cabinet today agreed to accept Kinder Morgan's proposal to twin the 63-year-old Trans Mountain pipeline to Burnaby, and rejected Enbridge's Northern Gateway oil pipeline across northern B.C.to Kitimat. However, she said she is still awaiting details from Trudeau before she can say this condition has been met. Vancouver Mayor Gregor Robertson, a former B.C. (more...)
PM Matteo Renzi agrees to president's request to postpone resignation
- December 07, 2016

Since the Italian president tries to ensure Parliament can carry out its full five-year term, analysts expect that Mattarella will appoint a transition government to draft a new election law that could satisfy parties anxious the way the rules now stand, their forces might be at a disadvantage. (more...)
Tata commits to future for Port Talbot steel jobs: union Tata commits to future for Port Talbot steel jobs: union
- December 07, 2016

On Wednesday, workers at the Port Talbot plant were given the opportunity to approve a rescue plan which is likely to have an effect on other major sites as well. Mr Jha has said previously that the company "continues to actively seek solutions to the company's structural challenges and work with all stakeholders". (more...)
What Happens Next at Standing Rock? What Happens Next at Standing Rock?
- December 07, 2016

The message came a day after the U.S. Army Corps of Engineers said it would not approve an easement for the almost $4 billion pipeline, which was slated to run under a lake. Trump has said he supports the pipeline, and he holds stock in Energy Transfer Partners. Pipeline company Energy Transfer Partners originally was expected to finish the pipeline before the end of this year, but the Army's move likely delays it by several months. (more...)
October 2016 United Kingdom industrial production -1.3% vs 0.2% exp m/m October 2016 United Kingdom industrial production -1.3% vs 0.2% exp m/m
- December 07, 2016

Manufacturing output fell 0.4 percent versus a 0.1 percent rise in September. On a yearly basis, industrial production decreased 1.1 percent, in contrast to a 0.4 percent rise in the previous month and 0.5 percent expected growth. The revisions to Sep do nothing for Q3 GDP. Barclays said said there was the potential for some upside in industrial production and manufacturing output, noting the fine balance as inflationary pressures sit at multi-year highs, with an export-driven boost from ... (more...)
How Donald Trump got Carrier to stay
- December 07, 2016

Trump. IN state officials have agreed to give United Technologies Corp, which runs the plant, $7m worth of tax breaks over 10 years. The announcement was big news in IN, which had fought hard to keep Carrier by offering tax breaks and other incentives. (more...)
Donald and Ivanka Trump Met Al Gore to Chat About Climate Change Donald and Ivanka Trump Met Al Gore to Chat About Climate Change
- December 07, 2016

He said it has been created by and for the Chinese. It's not clear what part she may have in her daddy's government, however he'd said that his kids would take over his company interests that are worldwide. McCarthy tried to downplay suggestions that Trump's proposal flew in the face of long-held GOP principles. "I think there is some connectivity ". (more...)
CEOs of AT&T, Time Warner to sell merger to skeptical Senate CEOs of AT&T, Time Warner to sell merger to skeptical Senate
- December 07, 2016

Randall Stephenson noted at a NY media and telecom conference on Tuesday that Trump's transition team for the Federal Communications Commission includes Jeff Eisenach , Mark Jamison and the recently-named Roslyn Layton, who have criticized the Obama administration's net neutrality policies that require all internet traffic be treated equally and include provisions on privacy and other matters. (more...)
Outstanding Analyst Ratings For MJ Gleeson (LON:GLE)
- December 07, 2016

Credit Suisse was lowered to "Underperform" and now has GBX 120.00 target price per share on Ferrexpo PLC (LON:FXPO)'s stock. Ferrexpo PLC (LON:FXPO) had its stock rating downgraded as "Underperform" in a report released by analysts at Credit Suisse. (more...)
Italian premier Renzi told to stay put; foes press for vote Italian premier Renzi told to stay put; foes press for vote
- December 07, 2016

State Street Global Advisors head of investment solutions group for Asia Pacific Mark Wills cautioned in October that Mr Renzi's resignation could pave the way for the anti-EU Five Star Movement (5SM) to gain office. "Democracy was the victor", Grillo wrote in a post-vote blog that marked a significant change in the party's position on the electoral law . The most probable scenario is a caretaker administration dominated by Renzi's Democratic Party taking over before an election that ... (more...)
Marathon Petroleum Corp. (MPC) Shares Bought by BlackRock Inc Marathon Petroleum Corp. (MPC) Shares Bought by BlackRock Inc
- December 07, 2016

Vetr raised shares of Marathon Oil Corp. from a "hold" rating to a "buy" rating and set a $16.67 price target for the company in a research note on Monday, November 28th. Historical Quarterly Earnings: Last quarter, Whiting Petroleum Corporation generated almost $129.23M in sales and net income of -$0.47/share. WARNING: This piece of content was first reported by Marea Informative and is owned by of Marea Informative. (more...)
"Jayalalitha was a true role model, I'll miss her" - Shatrughan Sinha
- December 07, 2016

Parliament today condoled the death of Tamil Nadu Chief Minister J Jayalalithaa saying the country has lost a courageous and charismatic leader, before adjourning the proceedings for the day as a mark of respect for the departed soul. Although Jayalalithaa belonged to the Iyengar community, her body was buried as "integral part of Dravidian culture", experts said. After entering politics, she proved to a stalwart leader and announced a string of initiatives for the people of Tamil Nadu. (more...)
Italy's Renzi told to delay quitting as PM Italy's Renzi told to delay quitting as PM
- December 07, 2016

It was a tough weekend for European politics. Renzi's defeat and resignation have swollen hopes of the opposition camp for snap elections. The result is considered a win for Eurosceptic populist and nationalist parties in Italy which campaigned heavily against Renzi and his promise to stimulate Italy's sluggish economy. (more...)
Hilton board approves spinoff of Park Hotels and timeshare businesses Hilton board approves spinoff of Park Hotels and timeshare businesses
- December 07, 2016

Hilton Worldwide Holdings has 989,783,000 shares now held by shareholders which now trade around the 25.81 mark which totals Hilton Worldwide Holdings's market capitalisation to 25.55B Dollars. It has approximately 4,610 hotels, resorts and timeshare properties comprising over 758,502 rooms in approximately 100 countries and territories. TRADEMARK VIOLATION WARNING: " Hilton Worldwide Holdings Inc ". (more...)
Ohio governor tells electors not to vote for him over Trump Ohio governor tells electors not to vote for him over Trump
- December 07, 2016

Given the polarity of this past election, I believe more states will ultimately join this pact, perhaps making it law by the presidential election of 2020. The president can veto the wishes of 535 members of Congress. Al Gore's former campaign chairman says abolishing the Electoral College "would be a mistake". (more...)
Euro slips from three-week highs, European Central Bank meeting in focus Euro slips from three-week highs, European Central Bank meeting in focus
- December 07, 2016

Longer-dated yields edged up partly after the report on Monte dei Paschi di Siena. Political uncertainty is hardly disappearing with Angelino Alfano, interior minister in Prime Minister Matteo Renzi's outgoing government, saying a new election could be held as soon as February. (more...)
Markets Right Now: US stocks waver as crude oil price slumps Markets Right Now: US stocks waver as crude oil price slumps
- December 07, 2016

The Standard & Poor's 500 index rose 7.52 points, or 0.3 percent, to 2,212.23 and the Nasdaq composite rose 24.11 points, or 0.5 percent, to 5,333. The Nasdaq Composite index rose 53.24 points, or 1%, to close at 5,308.89. Don't miss another special section. . The Russell 2000 index, which is made up of mostly smaller companies, rose 1.1% to a new record as well. Stocks that pay big dividends, like utility companies, traded lower. (more...)
Growth hopes axed as experts predict £60bn Brexit beating
- December 07, 2016

Chancellor Philip Hammond said United Kingdom growth forecasts for 2017 would fall to 1.4 percent, a reduction from 2.2 percent, as a result of the country's decision over the summer to leave the European Union. He also scrapped the usual format of Spring Budgets and Autumn Statements. Hammond set himself an easier target for the budget deficit, saying he was targeting a shortfall of less than 2 percent of GDP by 2020, excluding cyclical swings in the economy. (more...)

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