Markets
Asian shares meander as ECB-inspired rally fades
- December 09, 2016
AUD/USD has seemingly traded in-line with EUR/USD, although while EUR/USD has hugged the $1.0600 level since 03:20 (AEDT), AUD/USD has rallied off it's the post-ECB inspired selloff of $0.7429. He said the policy of low rates - the ECB's main interest rate is at zero - and QE was supporting demand in the eurozone and the economy was expected to continue growing at a "moderate but firming" pace. (more...)
- December 09, 2016
AUD/USD has seemingly traded in-line with EUR/USD, although while EUR/USD has hugged the $1.0600 level since 03:20 (AEDT), AUD/USD has rallied off it's the post-ECB inspired selloff of $0.7429. He said the policy of low rates - the ECB's main interest rate is at zero - and QE was supporting demand in the eurozone and the economy was expected to continue growing at a "moderate but firming" pace. (more...)
Asian shares higher following ECB-inspired rally
- December 09, 2016
Action on bond purchases did not meet consensus forecasts as the bank extended the programme for a further nine months beyond March 2017, compared with expectations of a six-month extension, but the amount of monthly bond purchases will be cut to EUR60bn from EUR80bn from April 2017. (more...)
- December 09, 2016
Action on bond purchases did not meet consensus forecasts as the bank extended the programme for a further nine months beyond March 2017, compared with expectations of a six-month extension, but the amount of monthly bond purchases will be cut to EUR60bn from EUR80bn from April 2017. (more...)
Rivera disciplined Newton to avoid 'chaos' setting in
- December 09, 2016
Please, as a football team, we would like to move forward and start focusing on the San Diego Chargers. Rivera's benching of Newton for the first series of the nationally televised, primetime game at Seattle was an attention-grabber throughout the Panthers' locker room, National Football League circles and the fashion industry. (more...)
- December 09, 2016
Please, as a football team, we would like to move forward and start focusing on the San Diego Chargers. Rivera's benching of Newton for the first series of the nationally televised, primetime game at Seattle was an attention-grabber throughout the Panthers' locker room, National Football League circles and the fashion industry. (more...)
Should Families Of Emanuel AME Shooting Victims Forgive White Supremacist Dylann Roof?
- December 09, 2016
He was arrested on the western edge of the city near Gardner-Webb University. Gordon said he learned about Sanders' death from other friends, and watched news accounts and social media on the incident. David Bruck, who leads Roof's defense team, called for a mistrial, citing the heart attack as well as emotionally-charged comments made by Felicia Sanders , a witness who suggested that Roof was bound for eternal damnation. (more...)
- December 09, 2016
He was arrested on the western edge of the city near Gardner-Webb University. Gordon said he learned about Sanders' death from other friends, and watched news accounts and social media on the incident. David Bruck, who leads Roof's defense team, called for a mistrial, citing the heart attack as well as emotionally-charged comments made by Felicia Sanders , a witness who suggested that Roof was bound for eternal damnation. (more...)
Boeing responds to Donald Trump: Air Force One contract is worth $170m
- December 09, 2016
The US Air Force announced previous year that Boeing would build a new fleet of two modified 747-8 aircraft for presidential use beginning in 2024 as the current fleet reaches the end of its lifespan. Over the next few years, the Air Force expects "this number to change as the program matures with the completion of risk reduction activities", it said in a statement . (more...)
- December 09, 2016
The US Air Force announced previous year that Boeing would build a new fleet of two modified 747-8 aircraft for presidential use beginning in 2024 as the current fleet reaches the end of its lifespan. Over the next few years, the Air Force expects "this number to change as the program matures with the completion of risk reduction activities", it said in a statement . (more...)
All eyes on European Central Bank ahead of key meeting
- December 09, 2016
The euro surged by nearly a cent after the bank's statement to hit $1.0875, but it quickly retreated to $1.0753 - flat on the day. "We're at a point in time between big announcements from a couple of the big central banks after the ECB, and looking forward to Fed next week, so the current momentum underway seems to be the path of least resistance at this point in time", said Bill Northey, chief investment officer of the private client group at US Bank in Helena, Montana. (more...)
- December 09, 2016
The euro surged by nearly a cent after the bank's statement to hit $1.0875, but it quickly retreated to $1.0753 - flat on the day. "We're at a point in time between big announcements from a couple of the big central banks after the ECB, and looking forward to Fed next week, so the current momentum underway seems to be the path of least resistance at this point in time", said Bill Northey, chief investment officer of the private client group at US Bank in Helena, Montana. (more...)
Express Scripts Responds To Citron: 'We're Nothing Like Philidor'
- December 09, 2016
For the Current Quarter, the growth estimate for Express Scripts Holding Company is 19.9%, while for the Next Quarter the stock growth estimate is 11.5%. Therefore, the stated figure displays a quarterly performance of 7.14% and year to date performance of -15.58%. 06/20/2016 - Express Scripts Holding Company was downgraded to "underweight" by analysts at Morgan Stanley. (more...)
- December 09, 2016
For the Current Quarter, the growth estimate for Express Scripts Holding Company is 19.9%, while for the Next Quarter the stock growth estimate is 11.5%. Therefore, the stated figure displays a quarterly performance of 7.14% and year to date performance of -15.58%. 06/20/2016 - Express Scripts Holding Company was downgraded to "underweight" by analysts at Morgan Stanley. (more...)
After major victory, ND pipeline protesters to defy deadline
- December 09, 2016
Archambault said nothing would happen over the winter before Trump takes office so protesters should leave. The Energy Transfer Partners-owned 1,172 mile pipeline is created to transport approximately 470,000 barrels of oil per day, with a capacity as high as 570,000 barrels. (more...)
- December 09, 2016
Archambault said nothing would happen over the winter before Trump takes office so protesters should leave. The Energy Transfer Partners-owned 1,172 mile pipeline is created to transport approximately 470,000 barrels of oil per day, with a capacity as high as 570,000 barrels. (more...)
Shaheen: Trump EPA pick signals 'capitulation' to polluters
- December 09, 2016
As Oklahoma's attorney general, Pruitt joined fellow Republicans suing the EPA over the Clean Power Plan , President Barack Obama's effort to cut carbon emissions linked to climate change, as well as safeguards created to protect water supplies. (more...)
- December 09, 2016
As Oklahoma's attorney general, Pruitt joined fellow Republicans suing the EPA over the Clean Power Plan , President Barack Obama's effort to cut carbon emissions linked to climate change, as well as safeguards created to protect water supplies. (more...)
Rupert Murdoch's Fox agrees deal to buy Sky
- December 09, 2016
London-listed Sky said in a statement it had "reached agreement" with 21st Century Fox on a price of £10.75 per share, but there was no certainty that a firm offer will be made. But Sky said "certain material offer terms remain under discussion and there can be no certainty that an offer will be made by 21st Century Fox". Sky is facing a potential takeover. (more...)
- December 09, 2016
London-listed Sky said in a statement it had "reached agreement" with 21st Century Fox on a price of £10.75 per share, but there was no certainty that a firm offer will be made. But Sky said "certain material offer terms remain under discussion and there can be no certainty that an offer will be made by 21st Century Fox". Sky is facing a potential takeover. (more...)
Michigan recount over; Pennsylvania sets hearing
- December 09, 2016
It's still early in the process, as just 23 of Wisconsin's 72 counties have completed their recounts, but Clinton has so far lost 41 votes. The Republican Party and Trump warned that the case threatens Pennsylvania's ability to certify its election before the December 13 federal deadline. (more...)
- December 09, 2016
It's still early in the process, as just 23 of Wisconsin's 72 counties have completed their recounts, but Clinton has so far lost 41 votes. The Republican Party and Trump warned that the case threatens Pennsylvania's ability to certify its election before the December 13 federal deadline. (more...)
Coca-Cola CEO Muhtar Kent to step down next year
- December 09, 2016
James Quincey, Coca-Cola president and chief operating officer, will step into the top job in May, the company said. The soda companies have compensated for these trends by boosting sales for water and other non-carbonated drinks and, in PepsiCo's case, boosting sales of snacks. (more...)
- December 09, 2016
James Quincey, Coca-Cola president and chief operating officer, will step into the top job in May, the company said. The soda companies have compensated for these trends by boosting sales for water and other non-carbonated drinks and, in PepsiCo's case, boosting sales of snacks. (more...)
Micron Technology Inc. (MU) Stock Rating Upgraded by Standpoint Research
- December 09, 2016
During the a year ago Micron Technology, Inc .'s shares have increased by 35.42% from 14.85 to 20.11. Earnings per share is the segment of profit for a company that is allocated to every outstanding share of a company's common stock. In other Micron Technology news, VP Brian Shirley sold 90,014 shares of the stock in a transaction on Tuesday, October 4th. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website . (more...)
- December 09, 2016
During the a year ago Micron Technology, Inc .'s shares have increased by 35.42% from 14.85 to 20.11. Earnings per share is the segment of profit for a company that is allocated to every outstanding share of a company's common stock. In other Micron Technology news, VP Brian Shirley sold 90,014 shares of the stock in a transaction on Tuesday, October 4th. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website . (more...)
Trump to tap Oklahoma AG Pruitt to head EPA
- December 09, 2016
Dissent is not a crime". Two years ago, New York Times investigated his ties with energy firms, notably wildcatter Harold Hamm, CEO of Continental Resources who ran Pruitt's reelection campaign in 2013. "The EPA should be limiting carbon pollution and putting the brakes on reckless oil and gas development-not defending Big Oil and putting the planet's future at risk". (more...)
- December 09, 2016
Dissent is not a crime". Two years ago, New York Times investigated his ties with energy firms, notably wildcatter Harold Hamm, CEO of Continental Resources who ran Pruitt's reelection campaign in 2013. "The EPA should be limiting carbon pollution and putting the brakes on reckless oil and gas development-not defending Big Oil and putting the planet's future at risk". (more...)
Worth Watching Stock: J C Penney Company Inc (NYSE:JCP)
- December 09, 2016
Teachers Advisors LLC cut its stake in shares of J.C. Penney Co. Cowen and Company reaffirmed a "market perform" rating and issued a $10.00 price target on shares of J.C. "( JCP ) Shares Sold by Teachers Advisors LLC" was originally posted by Community Financial News and is the sole property of of Community Financial News. (more...)
- December 09, 2016
Teachers Advisors LLC cut its stake in shares of J.C. Penney Co. Cowen and Company reaffirmed a "market perform" rating and issued a $10.00 price target on shares of J.C. "( JCP ) Shares Sold by Teachers Advisors LLC" was originally posted by Community Financial News and is the sole property of of Community Financial News. (more...)
South Africa company to buy Stillwater Mining Co. for $2.2B
- December 09, 2016
Stillwater, which operates in the state of Montana, is the only US miner of platinum group metals (PGM) and the largest primary producer of PGMs outside South Africa and Russian Federation. Scheduled to be completed in the second quarter of 2017, the transaction is subject to Stillwater and Sibanye shareholder approval as well as applicable regulatory approvals in the US and South Africa. (more...)
- December 09, 2016
Stillwater, which operates in the state of Montana, is the only US miner of platinum group metals (PGM) and the largest primary producer of PGMs outside South Africa and Russian Federation. Scheduled to be completed in the second quarter of 2017, the transaction is subject to Stillwater and Sibanye shareholder approval as well as applicable regulatory approvals in the US and South Africa. (more...)
Trump Says He Consulted Obama on Cabinet Picks: 'I Really Like Him'
- December 09, 2016
During his time in office, the president scaled back the nation's troop presence in Iraq and Afghanistan. President Obama delivered a powerful critique against the use of torture and continued detentions at Guantanamo, making clear these practices are not only ineffective but damaging to United States national security . (more...)
- December 09, 2016
During his time in office, the president scaled back the nation's troop presence in Iraq and Afghanistan. President Obama delivered a powerful critique against the use of torture and continued detentions at Guantanamo, making clear these practices are not only ineffective but damaging to United States national security . (more...)
Large-Cap Stocks Reach New Highs on Wednesday
- December 09, 2016
Small companies and bank stocks also rose as investors continue to speculate that USA economic growth will pick up under the incoming Trump administration . The Nasdaq composite rose 14 points, or 0.3 percent, to 5,408. The Dow Jones Transport Average rose 2.5 percent and set new all-time intraday and closing highs, surpassing its prior peaks from late 2014. (more...)
- December 09, 2016
Small companies and bank stocks also rose as investors continue to speculate that USA economic growth will pick up under the incoming Trump administration . The Nasdaq composite rose 14 points, or 0.3 percent, to 5,408. The Dow Jones Transport Average rose 2.5 percent and set new all-time intraday and closing highs, surpassing its prior peaks from late 2014. (more...)
Trump's EPA pick is now suing the agency he would lead
- December 09, 2016
In one of the surest signs yet that president Barack Obama's progress on climate change will be scrubbed from history, Donald Trump has selected a close ally of the fossil fuel industry to head up the environment department. Pruitt has sued the EPA on several occasions, most recently over Obama'sClean Power Plan, which aims to reduce carbon emissions from power plants. "You couldn't pick a better fossil fuel industry puppet", said 350.org executive director May Boeve. (more...)
- December 09, 2016
In one of the surest signs yet that president Barack Obama's progress on climate change will be scrubbed from history, Donald Trump has selected a close ally of the fossil fuel industry to head up the environment department. Pruitt has sued the EPA on several occasions, most recently over Obama'sClean Power Plan, which aims to reduce carbon emissions from power plants. "You couldn't pick a better fossil fuel industry puppet", said 350.org executive director May Boeve. (more...)
Italian Prime Minister Matteo Renzi to stay on until 2017 budget passes
- December 09, 2016
The No camp, which was led by the populist Five Star Movement (M5S) and included center-right forces, leftist forces, and a minority of Renzi's own center-left Democratic Party, claimed the reform would have given too much power to the executive branch. (more...)
- December 09, 2016
The No camp, which was led by the populist Five Star Movement (M5S) and included center-right forces, leftist forces, and a minority of Renzi's own center-left Democratic Party, claimed the reform would have given too much power to the executive branch. (more...)
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The Trump administration promised Apple it would not place tariffs on iPhones