Markets


Fake news story about Clinton leads to shooting inside restaurant
- December 10, 2016

No one was hurt in the incident. The pizzeria has been targeted by conspiracy theorists who believe it is involved in a child sex ring run by former USA presidential candidate Hillary Clinton and aide John Podesta. "Alex Jones, a conspiracy theorist who runs the website Infowars, tweeted November 27: "#Pizzagate Is Real: "Something Is Going On, But What?" James Alefantis , the owner of Comet Ping Pong , did not immediately respond to messages seeking comment Sunday. (more...)
Pfizer Inc. (NYSE:PFE), The Procter & Gamble Company (NYSE:PG)
- December 10, 2016

The company's stock has a market capitalization of $223.34 Billion. Cape Cod Five Cents Savings Bank's holdings in Procter & Gamble Co. were worth $10,382,000 as of its most recent SEC filing. Procter & Gamble Co.'s dividend payout ratio (DPR) is presently 71.66%. ILLEGAL ACTIVITY WARNING: This news story was originally reported by The Cerbat Gem and is the propert of of The Cerbat Gem. (more...)
S. Korea enters crucial week with impeachment vote on Park
- December 10, 2016

Another opposition lawmaker, Sohn Hye-won, questioned the role of a secretive corporate strategy office at Samsung, which allegedly makes key decisions for Samsung companies but do not have legal responsibility for the decisions they make. - also showed 81 percent of respondents supported impeachment. Director General of South Korean National Assembly Kwon Youngjin, bottom, reports the impeachment motion as National Assembly Speaker Chung Sye-kyun, top, listens during the plenary session at ... (more...)
Thousands of Veterans to Form a Human Shield Around Standing Rock Protestors Thousands of Veterans to Form a Human Shield Around Standing Rock Protestors
- December 10, 2016

Gov. Jack Dalrymple wants to meet with the Standing Rock Sioux Tribal Council in the coming days to discuss the Dakota Access Pipeline protest and begin rebuilding state and tribal relations. Opponents of the Dakota Access Pipeline have defaced the North Dakota pillar of the World War II monument on the National Mall in Washington, D.C., and defaced the North Dakota state capitol, Stabler said. (more...)
Mortgage Rates Hit New 2016 High in Anticipation of Fed Action Mortgage Rates Hit New 2016 High in Anticipation of Fed Action
- December 10, 2016

BOTTOM LINE: Assuming a borrower gets the average 30-year conforming fixed rate on the conforming $424,100 loan, last year's rate of 3.95 percent and payment of $2,013 was $44 less than this week's payment of $2,057. The sharp jump in mortgage rates is partly the result of rising long-term bond yields . The refinance index dropped 1 percent, while the purchase index ticked up 0.4 percent. (more...)
Parts of Muskoka remain under snow squall warning Parts of Muskoka remain under snow squall warning
- December 10, 2016

Local snowfall amounts of 30 centimetres are possible in a few locales should a snow squall lock in for a few hours. Motorists are urged to allow extra time to reach their destinations. Snow squalls coming in off of the Great Lakes may occasionally extend as far inland into the region today. Snow squalls cause weather conditions to vary considerably; changes from clear skies to heavy snow within just a few kilometres are common. (more...)
UK Supreme Court begins hearing on Brexit
- December 10, 2016

If it loses, the government is expected to introduce a short bill - reportedly comprising just three lines of text - which it will seek to push rapidly through parliament to authorise the triggering of Article 50. The Supreme Court will start considering this morning the Government's appeal over a key ruling on the formal Brexit process. Outside the Supreme Court, located on the same central London square as parliament, pro-EU supporters wearing judges' robes and wigs rode a double decker ... (more...)
Six new United States routes for Air Canada in 2017
- December 10, 2016

The flight will leave from Memphis every day at 3:50 p.m. CST and arrive in Toronto at 7:04 p.m. EST The return flight will leave at 2:05 p.m. EST every day and arrive at 3:20 p.m. "We appreciate Air Canada for giving us a chance and we know that this connection will be very successful". Air Canada will launch daily nonstop air service between San Antonio and Toronto on May 1, 2017, airline and City officials announced Wednesday , giving San Antonio a direct flight to an worldwide ... (more...)
Oil Prices Drop as Doubts Persist About Output Cut
- December 10, 2016

International Brent crude oil futures were trading at $53.66 per barrel at 0242 GMT, down 28 cents, or 0.52 percent, from their last close. "OPEC sentiment continues to support oil markets". The agreement will see most OPEC countries cut their production by around 4.6%. But doubts have emerged over how effective the cuts will be at reducing massive oversupply that has pressured prices lower for more than two years. (more...)
What's in the Pipeline at Energy Transfer Partners LP?
- December 10, 2016

Energy Transfer Partners L.P. They set an equal weight rating and a $20.00 price objective for the company. Finally, Credit Suisse Group AG upped their price target on shares of Energy Transfer Partners L.P. Energy Transfer Partners L.P.'s payout ratio is -669.84%. A number of hedge funds have recently added to or reduced their stakes in the company. Energy Transfer Partners , L.P. (more...)
Final push for Salvation Army angel tree Final push for Salvation Army angel tree
- December 10, 2016

Andy Devine Ave., will display a holiday tree decorated with angel tree tags that represent a child or teenager who might not otherwise receive any gifts this holiday season. Angels were registered in October for assistance by their parents, who noted their ages, clothing sizes and one to two toy wishes. It was also noted that there are additional tags to be picked up. (more...)
Unusual Volume Spikes For: Universal Health Services Inc. (NYSE:UHS)
- December 10, 2016

Faruqi&Faruqi, LLP, a leading national securities law firm, is investigating potential securities fraud at Universal Health Services, Inc . The firm has a market cap of $11.60 billion, a PE ratio of 16.95 and a beta of 1.20. Universal Health Services, Inc . value Change from Open was at -1.27% with a Gap of 4.41%. During the same period previous year, the firm earned $1.53 earnings per share. (more...)
Trump warns USA companies against setting up businesses overseas Trump warns USA companies against setting up businesses overseas
- December 10, 2016

Trump said he'd impose a 35 percent tax, called a tariff, on companies that close US factories, cut American jobs, then relocate overseas and try to sell their products back to the United States. The first three tools at his disposal lie in one section of the Trade Expansion Act of 1962 and two sections the Trade Act of 1974, the Peterson Institute said in a September report . (more...)
MGM's new Maryland casino opens
- December 10, 2016

Bars and restaurants feature local, national and worldwide chefs, including a Voltaggio Brothers Steak House . "I viewed art from the inception of National Harbor as not an amenity, but as an integral part of the narrative and experience to the resort", said Murren, who majored in art history in college. (more...)
Schumer: Democrats will fight any attempt to privatize Medicare
- December 10, 2016

Donald Trump's success in Congress for much of the agenda he campaigned on likely rests with 10 Senate Democrats facing re-election in 2018 in states he won. "And if we can get Democratic cooperation in doing that, that would be great". Donnelly, for example, thanked Trump for his efforts to keep jobs at Carrier Corp., which had planned to close a factory in Indianapolis. (more...)
#ImWithChuck: After Trump slams Carrier union boss, Twitter users fire back
- December 10, 2016

Of the almost 1,400 workers at the Indianapolis plant, however, 350 in research and development were never scheduled to leave, Jones said . Geist asked a third time. Clinton's lead there has sparked calls from Democrats to abolish the Electoral College. Knowing how many American jobs would be saved and/or created by such a change by Mr. (more...)
Carrier union boss: Trump is only half-way done saving jobs
- December 10, 2016

Jones said . He's had a big presence in the community particularly as people he represents have been getting laid off. Trump and Vice President-elect Mike Pence - governor of IN - visited Carrier's Indianapolis factory December 1 to celebrate the deal. (more...)
Trump's ties to 'Apprentice' raises conflict issues for NBC Trump's ties to 'Apprentice' raises conflict issues for NBC
- December 10, 2016

While most acting presidents put their former lives - including their careers - aside while sitting in the Oval Office (which, ya know, makes sense since you're pretty darn busy running a country), Trump will not be relinquishing his hold on the reigns of various business ventures. (more...)
Trump picks 'King of Bankruptcy' for Commerce Trump picks 'King of Bankruptcy' for Commerce
- December 10, 2016

Speaking on CNBC , Wilbur Ross , Mr Trump's nominee for Commerce Secretary, said regulatory changes meant "many" smaller banks now had "more compliance people than lending offices", adding: "That's insane". "Believe it or not, Mexico has better treaties with the rest of the world than the United States does". Asked if he would consider maturities as long as 50 years or 100 years, he said "we'll take a look at everything". (more...)
Trump's Carrier deal sets a bad precedent Trump's Carrier deal sets a bad precedent
- December 10, 2016

Trump would likely need congressional approval to impose tariffs on a specific company or a group of companies, says Gary Hufbauer, an expert on trade law at the Peterson Institute for International Economics. Trump's plan to keep jobs and business in America was a focal point of his campaign and is key to his policy plan for the White House. It said Carrier wanted to move the line to Mexico to remain competitive in the market. (more...)

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