Markets


Citron calls Express Scripts culprit in drug price gouging Citron calls Express Scripts culprit in drug price gouging
- December 10, 2016

Nevertheless, it is a common misunderstanding that a greater share price directs towards a larger company where stock price might also twist the definite worth of the organization. Recent traded volume was 1.44 million shares versus to it an average volume of 2.47 million shares. Leerink Swann reaffirmed a "market perform" rating and issued a $80.00 price target on shares of Express Scripts Holding in a research note on Thursday, September 1st. (more...)
Staples, Inc. (NASDAQ:SPLS), Kimco Realty Corporation (NYSE:KIM)
- December 10, 2016

The company's stock has a market capitalization of $11.17 Billion. (NYSE:LM) stock dropped -0.10% or -0.03 points. About 2.31 million shares traded hands. KIM's profit will be $177.77 million for 15.79 P/E if the $0.41 EPS becomes a reality. Sell-side firms are looking for the entity to post EPS of $0.2475 for the quarter ending on 2016-12-31. (more...)
Amazon to open grab-and-go grocery store with no checkout lines
- December 10, 2016

Also, it deducts the amount from their Amazon account and sends receipt to their email. The store is in a beta phase with it being only open to Amazon employees at the moment and is expected to open to the general public in early 2017. (more...)
CWA Has Troubles With Puzder for Labor Secretary CWA Has Troubles With Puzder for Labor Secretary
- December 10, 2016

Trump's team announced December 8 that he has chosen Andrew F. Puzder, CEO of CKE Restaurants, Inc., to be the next secretary of Labor. The federal minimum wage is now $7.25 an hour, but 29 states have established higher rates for their workers. (more...)
Cabrera Bello extends lead at Hong Kong Open Cabrera Bello extends lead at Hong Kong Open
- December 10, 2016

While Willett hasn't tasted victory since the Masters in April, Cabrera Bello's winless streak stretches all the way back to the Dubai Desert Masters in 2012. Players start their rounds from either the first or 11th tee for the opening two days. He told reporters he was moving more freely on the course Friday after admitting he had trouble retrieving the balls from the holes on Thursday - but said he was still missing some putts. (more...)
5-Star says Italy should use state money to save Monte Paschi 5-Star says Italy should use state money to save Monte Paschi
- December 10, 2016

Italy's Monte dei Paschi di Siena is trying to salvage a rescue plan that would see investors inject €5 billion ($5.4 billion) into the bank. However, the ECB advisory board turned down the bank, saying the extension would be of no use and that the government needs to step in, sources told Reuters . (more...)
Trump threatens to scrap new Air Force One Trump threatens to scrap new Air Force One
- December 10, 2016

It's for Air Force One program. And that's what his supporters - Trump's supporters - want him to get rid of. Air Force One needs to be created to survive a nuclear war. Those expand its range by 1,000 miles thanks to considerably better fuel economy than the 1970s-era engines used on the current Air Force Ones . Its electrical systems are hardened to protect against an electromagnetic pulse, and the plane has advanced, secure communications equipment that will allow it to function as ... (more...)
Trump transition team seeks details on Energy Dept. workers Trump transition team seeks details on Energy Dept. workers
- December 10, 2016

The Trump transition team has issued a list of 74 questions for the Energy Department, asking officials there to identify which department employees and contractors have worked on forging an global climate pact as well as domestic efforts to cut the nation's carbon output. (more...)
Dollar holds gains after euro sinks on ECB's 'less for longer' decision
- December 10, 2016

World stocks were set for a weekly gain and held near 16-month highs on Friday, while the euro steadied after swings following the European Central Bank's decision to extend its stimulus programme. The yield fell five basis points to minus 0.72 per cent, the biggest decline since November 22. Right now it's a weak 0.6 percent. That was followed by the government's Half-Year Economic and Fiscal Update (HYEFU), which projected economic growth averaging 3 percent a year for the next five ... (more...)
Trump slams union leader over Carrier deal with tweet Trump slams union leader over Carrier deal with tweet
- December 10, 2016

I made it for everybody else". "This guy makes pennies for what he does", Brett Voorhies, the president of the Indiana State AFL-CIO, said of Jones. Spokespeople for Trump did not respond to the Post's requests for comment. Chuck Jones, the president of United Steelworkers 1999, has not been shy to tell publications that Trump broke his promise to save the jobs at the Carrier plant, a pledge on which the president-elect campaigned. (more...)
British Parliament Set To Back PM Theresa May's Brexit Timetable
- December 10, 2016

A stone's throw away from the Supreme Court, parliament will vote on Wednesday on whether to back May's timetable on Article 50 .Pannick said that even parliament did vote in favour of the March deadline, that would make no difference to his case that parliament, not ministers, had the power to authorise triggering the article."Our submission is that a motion in parliament does not affect, can not affect, the legal issues in this case", he said. (more...)
Oil up about 1 percent on optimism over non-OPEC output cuts
- December 10, 2016

At their November meeting, OPEC members announced a framework for supply reductions among most of its members. The turnaround was driven by growing optimism that non-OPEC producers might agree to cut output following a cartel agreement to limit production. (more...)
John Glenn, astronaut and senator, to lie in state in Ohio
- December 10, 2016

President Barack Obama said that with the death of John Glenn, a former United States senator and the first American to orbit the Earth, America "lost an icon" and he and First Lady Michelle Obama "lost a friend". "He would be the same John Glenn if he happened to be sitting here today talking with us". John Glenn's mission came less than a year after the Soviet Union had made history by sending the first human into outer space, cosmonaut Yuri Gagarin. (more...)
Steelworkers stand behind union president in Trump spat
- December 10, 2016

During his campaign, president-elect Donald Trump made a promise to keep jobs in Indiana. Furthermore, according to information, which was supplied by Jones, the carrier company received $7 million in tax cuts for roughly 10 years. They thought, because of Trump, I'm going to be able to provide for my family ", Jones said in the op-ed. Jones told the Washington Post that Trump had "lied his a- off". (more...)
Trump approval during transition lower than predecessors Trump approval during transition lower than predecessors
- December 10, 2016

But the same poll suggests Trump isn't getting great reviews so far and still has plenty to prove. A recent survey has found that President-elect Donald Trump's favorability has jumped to 50 percent, his highest approval rating since he began his presidential campaign. (more...)
Trump wants to cancel Air Force One order from Boeing
- December 10, 2016

The actual cost of building a new Air Force One is about $3.2 billion, according to an estimate from the U.S. Government Accountability Office . "Cancel order!" Trump said in a morning Twitter message. "Air Force One has unique mission requirements, including possibly having to operate in a nuclear war", Thompson said. In a September 2015 Rolling Stone profile of Trump, early on in his presidential campaign, he was quoted as enthusing about the capabilities of his own Boeing 757 plane. (more...)
Europa League: Mourinho not happy with Zorya's pitch Europa League: Mourinho not happy with Zorya's pitch
- December 10, 2016

Paul Ince played under some charismatic managers during his playing career - including Sir Alex Ferguson - and has said a manager's attitude can rub off on the team's performance. "So many draws that we deserve victories". "1-0 up [at Goodison Park], complete control, [Ander] Herrera hit the post, no 2-0". "We expect more goals from him, yes, but we expect more goals from everyone in the team". (more...)
Durbin Raises Specter of Government Shutdown Over Mattis Waiver
- December 10, 2016

Trump had already said he meant to nominate Mattis for the top job at the Defense Department, an announcement that came last week and earlier than planned after The Washington Post broke the news. Trump introduced the general by his nickname, "Mad Dog", when he called him to the stage. Even before that, few had doubted Trump would tap Mattis to lead the Pentagon. (more...)
Trump picks fast food executive Andrew Puzder for Labor Trump picks fast food executive Andrew Puzder for Labor
- December 10, 2016

While there's no political record to indicate how Puzder thinks about the labor market, his remarks as a business executive give some indication of the stances he'll take on several important labor issues . Puzder is an "exceptional choice" for USA secretary of labor , the IFA's statement said, with a "proven track record for creating jobs, growing a business and opening a pathway for people to create a successful career and even business ownership". (more...)
Trump says US-China relationship must improve Trump says US-China relationship must improve
- December 10, 2016

Branstad, in his sixth term, is the longest serving governor in USA history and has known Chinese President Xi Jinping for more than 30 years. Terry Branstad, the incoming Trump administration's pick for ambassador to China, has long promoted his state's abundant agricultural products to China, but he would be thrust into the middle of increasing talk of a trade war with the United States' largest trading partner. (more...)