Markets
U.S. sells 3-year, 10-year notes at higher yields
- December 12, 2016
That heralds potential increases in inflation, which tend to eat into the return on bonds over time. A rebound in crude prices reinforced the notion that US inflation is on the rise with expectations of fiscal stimulus from the Trump administration. (more...)
- December 12, 2016
That heralds potential increases in inflation, which tend to eat into the return on bonds over time. A rebound in crude prices reinforced the notion that US inflation is on the rise with expectations of fiscal stimulus from the Trump administration. (more...)
Analyst Research Summary: PayPal Holdings, Inc. (NASDAQ:PYPL)
- December 12, 2016
According to the Recommendation Trends of the stock polled by Zacks Investment Research for this month, the company has a consensus recommendation of 2.05 out of the scale from 1 to 5 where 1 stands for Strong Buy and 5 means Strong Sell. In related news, EVP Gary J. Marino sold 1,726 shares of the business's stock in a transaction dated Monday, October 3rd. The shares were sold at an average price of $40.87, for a total transaction of $70,541.62. (more...)
- December 12, 2016
According to the Recommendation Trends of the stock polled by Zacks Investment Research for this month, the company has a consensus recommendation of 2.05 out of the scale from 1 to 5 where 1 stands for Strong Buy and 5 means Strong Sell. In related news, EVP Gary J. Marino sold 1,726 shares of the business's stock in a transaction dated Monday, October 3rd. The shares were sold at an average price of $40.87, for a total transaction of $70,541.62. (more...)
Troubled Italian bank MPS presses search for private capital
- December 12, 2016
The Reuters news agency said the ECB's supervisory board had rejected the request because it believed Rome needed to act and that giving the bank more time would achieve little. Last week's referendum result has made life even more challenging for the banking sector, after the country voted against Prime Minister Matteo Renzi's proposed constitutional reforms and he resigned. (more...)
- December 12, 2016
The Reuters news agency said the ECB's supervisory board had rejected the request because it believed Rome needed to act and that giving the bank more time would achieve little. Last week's referendum result has made life even more challenging for the banking sector, after the country voted against Prime Minister Matteo Renzi's proposed constitutional reforms and he resigned. (more...)
Italy's largest bank sells unit to bolster capital buffers
- December 12, 2016
Following the acquisition, France headquartered Amundi intends to form a long term strategic partnership with Pioneer's parent company UniCredit for the distribution of asset management products. The transaction is expected to be completed in the first half of 2017 subject to regulatory and anti-trust approvals. Credit Agricole will underwrite that rights issue, and Credit Agricole added that the Pioneer deal was expected to boost its earnings per share by more than five percent. (more...)
- December 12, 2016
Following the acquisition, France headquartered Amundi intends to form a long term strategic partnership with Pioneer's parent company UniCredit for the distribution of asset management products. The transaction is expected to be completed in the first half of 2017 subject to regulatory and anti-trust approvals. Credit Agricole will underwrite that rights issue, and Credit Agricole added that the Pioneer deal was expected to boost its earnings per share by more than five percent. (more...)
Muslim cleric issues 'fatwa' against Bengal BJP chief
- December 12, 2016
Banerjee has been one of the most vociferous opponents of the Modi government's demonetisation drive. Shahi Imam of Tipu Sultan Mosque had issued a fatwa against Ghosh over his "derogatory" remarks against Mamata Banerjee. She wanders on the streets". On December 2, at another rally in Uluberia in Howrah district, Mr Ghosh had made belligerent remarks about Ms Banerjee going to Delhi and holding a demonstration at Jantar Mantar against demonetisation. (more...)
- December 12, 2016
Banerjee has been one of the most vociferous opponents of the Modi government's demonetisation drive. Shahi Imam of Tipu Sultan Mosque had issued a fatwa against Ghosh over his "derogatory" remarks against Mamata Banerjee. She wanders on the streets". On December 2, at another rally in Uluberia in Howrah district, Mr Ghosh had made belligerent remarks about Ms Banerjee going to Delhi and holding a demonstration at Jantar Mantar against demonetisation. (more...)
Forest Hill Stabbing: Reports Of Man With Knife At Overground Station
- December 12, 2016
One man was attended to at the scene before being rushed to hospital in an ambulance. Another posted a man was "screaming some mad s***" at the station served by London Overground. He said at first people tried to ignore him thinking he was just ranting. "He was walking at a fast pace through the carriage", said the passenger. (more...)
- December 12, 2016
One man was attended to at the scene before being rushed to hospital in an ambulance. Another posted a man was "screaming some mad s***" at the station served by London Overground. He said at first people tried to ignore him thinking he was just ranting. "He was walking at a fast pace through the carriage", said the passenger. (more...)
Lockheed falls as Trump tweets that F-35 program is costly
- December 12, 2016
Last week, Mr. Trump claimed the government's second-largest defense contractor, Boeing Co., had run up costs in the development of new Air Force One aircraft. The Pentagon plans to buy more than 2,400 planes to replace many of its combat jets, but they are entering service years late and costs doubled to nearly $400 billion because of design and production problems. (more...)
- December 12, 2016
Last week, Mr. Trump claimed the government's second-largest defense contractor, Boeing Co., had run up costs in the development of new Air Force One aircraft. The Pentagon plans to buy more than 2,400 planes to replace many of its combat jets, but they are entering service years late and costs doubled to nearly $400 billion because of design and production problems. (more...)
Redstones Withdraw Support For Viacom-CBS Merger
- December 12, 2016
Shari Redstone, the daughter of National Amusements chairman Sumner Redstone, squeezed longtime Viacom CEO Philippe Dauman out of the company over the summer. Then the Redstones sent a letter to both Viacom and CBS in September asking them to consider a merger. Redstone now wants Viacom to remain an independent company, and a letter from her National Amusements is expected to be released shortly, according to sources on both sides of the proposed deal. (more...)
- December 12, 2016
Shari Redstone, the daughter of National Amusements chairman Sumner Redstone, squeezed longtime Viacom CEO Philippe Dauman out of the company over the summer. Then the Redstones sent a letter to both Viacom and CBS in September asking them to consider a merger. Redstone now wants Viacom to remain an independent company, and a letter from her National Amusements is expected to be released shortly, according to sources on both sides of the proposed deal. (more...)
Property prices fall 2% in November: Rightmove
- December 12, 2016
Property prices in the United Kingdom fell in line with seasonal expectation in November, according to the latest index from property portal Rightmove. As a result, house prices have risen sharply in the city in recent years amid intense demand from domestic and foreign buyers, pushing home ownership beyond affordability for many aspiring first-time buyers in the city. (more...)
- December 12, 2016
Property prices in the United Kingdom fell in line with seasonal expectation in November, according to the latest index from property portal Rightmove. As a result, house prices have risen sharply in the city in recent years amid intense demand from domestic and foreign buyers, pushing home ownership beyond affordability for many aspiring first-time buyers in the city. (more...)
Sky shareholders more sanguine about 21st Century Fox's takeover bid
- December 12, 2016
But some shareholders expressed disappointment that the firm has not pushed to better the £18.5bln total takeover bid. Alastair Gunn, a fund manager at Jupiter Asset Management, told the newspaper that the approach "ought to be the start of the process, not the conclusion". (more...)
- December 12, 2016
But some shareholders expressed disappointment that the firm has not pushed to better the £18.5bln total takeover bid. Alastair Gunn, a fund manager at Jupiter Asset Management, told the newspaper that the approach "ought to be the start of the process, not the conclusion". (more...)
Venezuela pulling most widely used bill from circulation
- December 12, 2016
His beleaguered government has already announced plans to introduce six larger notes and three new coins from Thursday this week. The 100-bolivar note is one of the most common in circulation, with data from the country's central bank showing they represent nearly half of all currency in use. (more...)
- December 12, 2016
His beleaguered government has already announced plans to introduce six larger notes and three new coins from Thursday this week. The 100-bolivar note is one of the most common in circulation, with data from the country's central bank showing they represent nearly half of all currency in use. (more...)
Bill Gates and billionaire allies launch $1bn 'breakthrough' clean tech investment venture
- December 12, 2016
The goal of Breakthrough Energy Ventures is to bet on risky, long-term energy technologies that could dramatically reduce greenhouse gas emissions to nearly nothing. Breakthrough Energy Ventures said its fund had a longer lifespan than many other funds. The fund is part of the Breakthrough Energy Coalition that was launched by Bill Gates past year in December. (more...)
- December 12, 2016
The goal of Breakthrough Energy Ventures is to bet on risky, long-term energy technologies that could dramatically reduce greenhouse gas emissions to nearly nothing. Breakthrough Energy Ventures said its fund had a longer lifespan than many other funds. The fund is part of the Breakthrough Energy Coalition that was launched by Bill Gates past year in December. (more...)
Ireland part of toxic global tax system - Oxfam
- December 12, 2016
Ireland ranks 6, followed by Luxembourg (7) and Cyprus (10). The report was published to coincide with an appeal hearing by the whistleblowers behind the LuxLeaks affair, which exposed the various preferential tax deals afforded to large corporations by Luxembourg. (more...)
- December 12, 2016
Ireland ranks 6, followed by Luxembourg (7) and Cyprus (10). The report was published to coincide with an appeal hearing by the whistleblowers behind the LuxLeaks affair, which exposed the various preferential tax deals afforded to large corporations by Luxembourg. (more...)
Russian Federation says OPEC, non-OPEC members to meet Saturday in Vienna
- December 12, 2016
OPEC production cut will overall improve Saudi Arabia's fiscal position as oil prices rallied more than 15% post the agreement, while production is agreed to be cut by 4.6%, Al Rajhi Capital said in its report titled "OPEC Cut: Provides More Fiscal Comfort". (more...)
- December 12, 2016
OPEC production cut will overall improve Saudi Arabia's fiscal position as oil prices rallied more than 15% post the agreement, while production is agreed to be cut by 4.6%, Al Rajhi Capital said in its report titled "OPEC Cut: Provides More Fiscal Comfort". (more...)
Panthers force 5 turnovers, beat Chargers 28-16
- December 12, 2016
The San Diego Chargers remain quarterback Philip Rivers' team for now. San Diego fell behind 23-0 and against a good Panthers defense that is too big of a hole to dig out of. But Rivers also threw three interceptions and fumbled twice. Already up 3-0, the Panthers extended the lead to 10-0 on a one-yard TD run. While trying to recover a Rivers fumble, Gordon was hit in the back by Carolina linebacker Thomas Davis. (more...)
- December 12, 2016
The San Diego Chargers remain quarterback Philip Rivers' team for now. San Diego fell behind 23-0 and against a good Panthers defense that is too big of a hole to dig out of. But Rivers also threw three interceptions and fumbled twice. Already up 3-0, the Panthers extended the lead to 10-0 on a one-yard TD run. While trying to recover a Rivers fumble, Gordon was hit in the back by Carolina linebacker Thomas Davis. (more...)
Walt Disney's signed will, animation trove go up for auction
- December 12, 2016
United Asset Strategies Inc is a New York-based institutional investor with more than $731.00 million AUM in August, 2014. This showed the surprise of -5.2% in the last quarter earnings. The stock of Walt Disney Co (NYSE:DIS) earned "Hold" rating by Barclays Capital on Sunday, August 16. DIS has been the subject of several analyst reports. (more...)
- December 12, 2016
United Asset Strategies Inc is a New York-based institutional investor with more than $731.00 million AUM in August, 2014. This showed the surprise of -5.2% in the last quarter earnings. The stock of Walt Disney Co (NYSE:DIS) earned "Hold" rating by Barclays Capital on Sunday, August 16. DIS has been the subject of several analyst reports. (more...)
Trudeau defends Castro remarks after backlash, adds Cuban leader was a dictator
- December 12, 2016
The Embassy of Cuba in T&T, from today, will allow the public to sign a condolence book to honour the passing of the Leader of Cuban Revolution Fidel Castro . "We're not going to have a unilateral deal from Cuba coming back to the United States without some changes in their government", said Priebus. Elian Gonzalez says in an interview with Cuban state television that it's "not right to talk about Fidel in the past tense. (more...)
- December 12, 2016
The Embassy of Cuba in T&T, from today, will allow the public to sign a condolence book to honour the passing of the Leader of Cuban Revolution Fidel Castro . "We're not going to have a unilateral deal from Cuba coming back to the United States without some changes in their government", said Priebus. Elian Gonzalez says in an interview with Cuban state television that it's "not right to talk about Fidel in the past tense. (more...)
With Big Ben struggling, Steelers lean on Bell to beat Bills
- December 12, 2016
If they're true, then Ryan's coaches and players - especially embattled quarterback Taylor - offered few reasons to compel the Pegulas to reconsider. The Steelers will need him sharp against the Ravens and in the playoffs (if they make it) and I'm sure Mike Tomlin wants opposing teams to stop focusing all their attention on Antonio Brown . (more...)
- December 12, 2016
If they're true, then Ryan's coaches and players - especially embattled quarterback Taylor - offered few reasons to compel the Pegulas to reconsider. The Steelers will need him sharp against the Ravens and in the playoffs (if they make it) and I'm sure Mike Tomlin wants opposing teams to stop focusing all their attention on Antonio Brown . (more...)
Are these toys spying on your kids?
- December 12, 2016
The complaint alleges that the dolls My Friend Cayla and i-Que Intelligent Robot , which use speech-recognition software to have conversations with kids, are using this technology to record their personal information. When children ask the toys a question, the words are recorded and converted to text so answers can be retrieved from Google, Wikipedia and Weather Underground. (more...)
- December 12, 2016
The complaint alleges that the dolls My Friend Cayla and i-Que Intelligent Robot , which use speech-recognition software to have conversations with kids, are using this technology to record their personal information. When children ask the toys a question, the words are recorded and converted to text so answers can be retrieved from Google, Wikipedia and Weather Underground. (more...)
China faces battle over market economy status
- December 11, 2016
Having such status makes it more hard to prove that China has, for WTO purposes, "dumped" its products in another country, in other words, sold goods so that their price in the importing market is below the price of those same goods in China. (more...)
- December 11, 2016
Having such status makes it more hard to prove that China has, for WTO purposes, "dumped" its products in another country, in other words, sold goods so that their price in the importing market is below the price of those same goods in China. (more...)
Latest news
EU warns of WTO challenge if China-US deal creates 'distortions'