Markets


Boeing Stock Drops On Trump Tweet
- December 08, 2016

Trump later reiterated his beliefs at Trump Tower, "It's ridiculous, I think Boeing is doing a little bit of a number". He said "We're going to work something out that's going to make people happy and proud". He said the cost of the new 747 was more than $4 billion. Boeing is one of the US's largest exporters . Known for his mercurial temper, the billionaire has urged his government to cancel all deals with Boeing following a hike in the cost of new planes. (more...)
Federal judge halts recount, sealing Trump's Michigan win
- December 08, 2016

The Board of State Canvassers issued the instruction Wednesday in a 3-1 vote. The recount efforts come as Clinton leads the popular vote by more than 2 million ballots. Trump won Wisconsin by approximately 22,000 votes over Clinton. "You wouldn't want someone to be able to, after the fact, stuff the ballot box and have that counted", Norden said. (more...)
Analysts Estimates and Ratings: Express Scripts Holding Company (NASDAQ:ESRX)
- December 08, 2016

Ancora Inverness LLC now owns 69,889 shares of the company's stock valued at $4,929,000 after buying an additional 1,735 shares during the last quarter. Several research firms have recently weighed in on ESRX . Leerink Swann reaffirmed a "market perform" rating and issued a $80.00 price objective on shares of Express Scripts Holding in a report on Thursday, September 1st. (more...)
Cricket Wireless offers 30-day free trial of DIRECTV NOW
- December 08, 2016

DirecTV Now apps will be available on Android and iOS, and you'll be able to try the service free for seven days when you download one of the apps. " Live a Little " offers 60+ channels for $35/month; " Just Right " offers 80+ channels for $50/month; " Go Big " offers 100+ channels for $60/month; and " Gotta Have It " offers 120+ channels for $70/month. (more...)
Iran demands that Obama allow United States sanctions to expire Iran demands that Obama allow United States sanctions to expire
- December 08, 2016

Making it clear that Iran is not volunteering, Zarif said his country will be glad to help in whatever way it can. " Iran will not be an initiator of any action to undermine JCPOA and will wait the developments with patience; we do not see violation of JCPOA to be easily achieved, and we hope to see that the USA turns back to the right track, since it could not undermine an internationally signed deal unilaterally", he told reporters. (more...)
Michigan GOP elector launches website urging vote for Trump
- December 08, 2016

But that hasn't stopped efforts in some circles to continue fighting the tradition of the Electoral College to the bitter end. While the seven Hamilton Electors who have publicly announced themselves as such are decidedly Democratic, several Republican members of the Electoral College have also spoken out against voting for a Trump presidency. (more...)
Xcel Energy Inc. (XEL) Stock Rating Lowered by Barclays PLC Xcel Energy Inc. (XEL) Stock Rating Lowered by Barclays PLC
- December 08, 2016

The Alabama-based Wealthtrust has invested 0% in Xcel Energy Inc (NYSE:XEL). This now indicates the analyst believes there is a potential upside of 8 .9% from the opening price of 38.55 Dollars. The stock has a 50 day moving average price of $39.81 and a 200 day moving average price of $41.69. Number of analysts are eying on this stock, and after detailed observation, they have given the stock mean target price of $3.00 while their mean recommendation is 1.00 (1=Buy, 5=sell). (more...)
MI recount now in doubt; Pennsylvania sets hearing
- December 08, 2016

A federal judge on Wednesday ruled to dissolve a temporary restraining order that was blocking state officials from ending the recount. In Kent County, more than 170 of 491 precincts had been recounted as of early Wednesday afternoon. The daily spreadsheets containing updates can be found on the 2016 Presidential Recount page: http://elections.wi.gov/elections-voting/recount/2016-presidential. (more...)
Lululemon Athletica Inc. (LULU) Is Climbing On Better Than Expected Q3 Profit
- December 08, 2016

Shares jumped 14% in after-hours trading Wednesday after Lululemon reported strong earnings and indicated that profitability would continue to improve. Institutional investors have recently bought and sold shares of the stock. The company guided for earnings in a range of 42 cents to 44 cents a share, and analysts polled by Thomson Reuters expected $540 million in revenue. (more...)
Japan's deal maker, Softbank tycoon Masayoshi Son Japan's deal maker, Softbank tycoon Masayoshi Son
- December 08, 2016

Indeed, Reuters added that one of Trump's top focuses in the past month since winning the USA presidential election has been to "engage with individual companies , while turning his back on broader, years-in-the-works trade deals". Son, who rose to global prominence when SoftBank acquired Sprint in 2013, is known overseas primarily as a savvy investor and entrepreneur. USA -listed shares of SoftBank gained 3 percent to $30.99. (more...)
Corps pipeline decision does little to ease tensions
- December 08, 2016

Two industry groups are calling on Trump to pave the way for the pipeline's completion when he enters the White House in January. Almost all of the 1,172-mile, $3.8 billion pipeline has been built by Dallas-based Energy Transfer Partners except for a mile-long section across federal land and beneath Lake Oahe, a Missouri River reservoir. (more...)
Judge hears arguments on dropping recount ruling Judge hears arguments on dropping recount ruling
- December 08, 2016

Earlier Wednesday, the MI elections board voted, 3-1, to end the recount if Goldsmith extinguished his earlier order. Schuette based his argument on the contention that since Jill Stein can't win - the count should be stopped to save time and money. (more...)
Obama urges U.S. to uphold security values Obama urges U.S. to uphold security values
- December 08, 2016

President Barack Obama trumpeted his national security record today at Florida's MacDill Air Force Base, saying the U.S.is "breaking the back of ISIL" and has diminished the profile of terrorists, calling them "thugs" and "murderers". (more...)
Trump, ex-Vice President Gore meet to discuss climate policy
- December 08, 2016

He also dubbed it "an extremely interesting conversation" but when asked what was discussed he only said "to be continued" before leaving. She added, "During the campaign, Gore said Trump's position could lead to a climate catastrophe". (more...)
RBI keeps Repo rate unchanged. Here are the highlights
- December 08, 2016

The Reserve Bank of India (RBI) has kept its repo rate unchanged at 6.25 per cent in its first monetary policy review after the notes ban, surprising many. Soon after the central bank said there is no change in the repo rate, stocks, especially from the banking space, tumbled. As regards lower denomination notes of Rs 100, Rs 50, Rs 20 and Rs 10, the RBI, over its counters and through bank branches all over the country, has supplied 1.91 lakh pieces of denominations in this period. (more...)
Prince Harry Just Took A 1700 Mile Detour To Visit Meghan Markle
- December 08, 2016

E! confirms that the necklace is by Maya Brenner , a Los Angeles jewelry designer whose letter charm necklaces go for around $240 each. Prince Harry and Meghan Markle have shown time and time again that they're head over heels for each other despite their efforts to keep their relationship private. (more...)
Air Force None: Trump Takes Issue with Cost of New Plane
- December 08, 2016

Still, despite its over-the-top lavish finishes that put traditional first class cabins to shame, "Trump Force One" - the unofficial name for the aircraft - may actually be a much more economical option than Air Force One , the official aircraft assigned to transporting the President of the United States. (more...)
Markets Right Now: Energy stocks lead an early decline Markets Right Now: Energy stocks lead an early decline
- December 08, 2016

The Nasdaq composite added 24.11 points, or 0.5 percent, to 5,333.00. The S&P 500 posted 86 new 52-week highs and 7 new lows; the Nasdaq Composite recorded 305 new highs and 26 new lows. Amgen lost $3.92, or 2.7 percent, to $141.19 and Vertex Pharmaceuticals sank $2.80, or 3.6 percent, to $75.32. A strengthening USA dollar also weighed on the S&P 500 , which has a large exposure to multi-national companies with a global footprint. (more...)
Trump's Carrier plan raises questions for future
- December 08, 2016

Just hours after using Twitter to complain about the most recent "Saturday Night Live" skit mocking him for his tweeting habits, Mr. Trump turned his account to more serious matters of American business. Carrier, which in February had announced plans to close two in plants and send 2,100 jobs to Mexico, agreed last week to keep its Indianapolis plant open and keep about 1,100 jobs in the state, including 800 at the plant. (more...)
Democrats urge hearings on Trump, conflict-of-interest rules
- December 08, 2016

Trump, who hasn't held a press conference in months , revived his attacks on news organizations from behind his podium. Trump said during the campaign he would likely transfer operations of his company to his children, but experts say that wouldn't do much to insulate him. (more...)

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