Markets


Airbnb Wants To Help Book Your Plane Tickets
- December 20, 2016

Airbnb is still deciding the best way to facilitate flight reservations and may acquire an online travel agency or license data from an outside provider, according to Bloomberg's anonymous sources . Airbnb apparently also wants to help travelers get to those destinations in the first place, by helping its customers book their flights. Late last month at Airbnb's annual showcase they said the company's goal is to make trips "easy and magical". (more...)
BOJ sees weak-yen effect of YCC well worth the trouble
- December 20, 2016

But BOJ officials say the benefits of their yield curve control (YCC) are well worth the trouble, alluding to the role it has played in accelerating the yen's declines. To curb rises in long-term yields, the BOJ has to boost its purchases of government bonds from the market. The annual rise in its holdings of JGBs was kept at 80 trillion yen ($676.9 billion). (more...)
Bank of Japan raised its assessment for economy growth Bank of Japan raised its assessment for economy growth
- December 20, 2016

Speculation about any kind of BOJ action or even about hints on action were low ahead of today's interest rate meeting. "Yield curve control" policy has "functioned well" since it was introduced in September, Kuroda said, indicating the BOJ will maintain efforts to push down long-term interest rates. (more...)
United Kingdom airport staff call off 48-hour strike, Unite union says United Kingdom airport staff call off 48-hour strike, Unite union says
- December 20, 2016

Staff at three Scottish airports had threatened to strike in the two days leading up to Christmas over a long-running pay dispute. The firm's staff are employed at airports at Aberdeen, Belfast, Birmingham, Bristol, Bournemouth, Cardiff, Doncaster, East Midlands, Edinburgh, Gatwick, Glasgow, Heathrow, Leeds/Bradford, Luton, Manchester, Newcastle, Southampton and Stansted. (more...)
Active Volume Stock: Lloyds Banking Group plc (NYSE:LYG)
- December 20, 2016

The company's a year ago sales total was 26.95 Billion. Lloyds Banking Group PLC presently has a consensus rating of "Hold" and an average target price of GBX 65.69 ($0.83). Economic secretary to the Treasury, Simon Kirby, said: "Selling our shares in Lloyds Banking Group and making sure that we get back all the cash taxpayers injected into it during the financial crisis is a key government priority". (more...)
What are Analysts report about: Hewlett Packard Enterprise Company (NYSE:HPE)
- December 20, 2016

Hedge funds and other institutional investors own 78.14% of the company's stock. During the same period past year, the firm earned $0.52 earnings per share. Bedrijfstakpensioenfonds Voor DE Media PNO purchased a new stake in shares of Hewlett Packard Enterprise during the second quarter worth about $479,000. (more...)
Joey Barton rejoins Burnley
- December 20, 2016

Barton first joined Burnley in August 2015 and was voted as the club's Player of the Year following the end of their title-winning campaign. Barton has agreed terms to go back to Turf Moor subject to worldwide clearance after deciding to leave Sean Dyche's side for Rangers in the summer. (more...)
Fairfax to acquire Allied World in $4.9bn deal Fairfax to acquire Allied World in $4.9bn deal
- December 20, 2016

Analysts await Allied World Assurance Co Holdings, AG. Allied World Assurance ( NYSE:AWH ) traded up 1.35% on Tuesday, reaching $52.46. According to Zacks Investment Research , "Allied World Assurance Company Holdings, Ltd, is one of Bermuda's leading property and casualty insurers". (more...)
Hawks hail Trump's nominee for ambassador to Israel; doves vow a fight
- December 20, 2016

A source in Israeli Prime Minister Benjamin Netanyahu's office said the premier was "pleased" with the appointment. Friedman has criticized liberal Jews, especially the supporters of J-Street, a Washington-based non-profit advocacy group that promotes a two-state solution, and compared them to " kapos ", Jews who aided Nazi Germany during the Holocaust. (more...)
QUALCOMM Incorporated (NASDAQ:QCOM) Upgrades/Downgrades Update
- December 20, 2016

While in the same Quarter Previous year, the Actual EPS was $0.97. A number of other hedge funds have also recently added to or reduced their stakes in the stock. This represents a $2.12 annualized dividend and a dividend yield of 3.16%. The ex-dividend date was Monday, November 28th. Qualcomm's payout ratio is now 55.64%. (more...)
BoJ Retains Monetary Stimulus; Lifts Growth Outlook
- December 20, 2016

Included in what it sees to be risks to the outlook are developments in emerging and commodity-exporting economies, particularly China, developments in the USA economy and the impact of its monetary policy on global financial markets, the consequences stemming from Brexit, prospects regarding the European debt problem, including the financial sector, and geopolitical risks. (more...)
Flybe secures Heathrow slots Flybe secures Heathrow slots
- December 20, 2016

Flybe is working to reduce its seat capacity and hopes the new routes running from Heathrow will strengthen its domestic network. The route expansion means that with effect from 26 March, Flybe will offer up to 18 flights a day between London and Edinburgh and 10 between London and Aberdeen. (more...)
Bayern Munich vs. RB Leipzig, 2016-17 Bundesliga: Projected Lineups, Preview Bayern Munich vs. RB Leipzig, 2016-17 Bundesliga: Projected Lineups, Preview
- December 20, 2016

The Bundesliga upstarts, who are level on points with the 26-time league champions after 15 games, travel to the Allianz Arena on Wednesday for an eagerly-awaited top-of-the-table clash. "We need to put on a strong performance". Ahead of their opponents only on goal difference in first position, Carlo Ancelotti's team are 2/5 (1.40 ) favourites with bet365 to move clear at the top with a sixth consecutive victory in all competitions. (more...)
Hundreds Stranded At McCarran Airport After Frontier Flights Were Cancelled Hundreds Stranded At McCarran Airport After Frontier Flights Were Cancelled
- December 20, 2016

Winter weather resulted in hundreds of canceled flights on Frontier Airlines and a nightmare mess of hundreds of suitcases , forcing passengers to search through the backlog of luggage to find their bags, like a needle in a Samsonite haystack. (more...)
Retailers agree to fairer job scheduling in deal with state AG Retailers agree to fairer job scheduling in deal with state AG
- December 20, 2016

Six national retailers including Walt Disney Co.'s stores and the teen-clothing chain Aeropostale Inc. agreed to stop using on-call work shifts for US employees to resolve a multistate probe into a practice that hinders planning for childcare and other life activities. (more...)
China says 'handling' US Navy drone issue
- December 20, 2016

The US Defence Department also issued a statement on the drone handover on Monday, saying that the initial seizure by China was unlawful. Chinese officials claimed the glider was a hazard to navigation and they recovered the unmanned vehicle for the safety of the water. (more...)
Walgreens to sell stores to Fred's Inc as shares of buyer rocket Walgreens to sell stores to Fred's Inc as shares of buyer rocket
- December 20, 2016

The action takes the company one step closer to ensuring its merger with Rite Aid goes through. It said that it's selling the Rite Aid stores in response to concerns raised by federal anti-trust regulators. Rumors of the Rite Aid deal arose earlier this month when CEO Mike Bloom told investors the company was discussing a "pending transaction" in the coming quarter. (more...)
Carnival Corporation (NYSE:CCL) could surge as high as $63 Carnival Corporation (NYSE:CCL) could surge as high as $63
- December 20, 2016

Sanford C. Bernstein upgraded shares of Carnival Corp. from a market perform rating to an outperform rating and lifted their price objective for the stock from $52.00 to $63.00 in a research note on Tuesday, November 22nd. They are projecting Next Quarter growth of 5.1%. Before today's market open, Carnival reported fourth quarter earnings of 83 cents per diluted share on revenue of $3.9 billion. (more...)
Lloyds Banking Group paying £1.9bn for MBNA
- December 20, 2016

Lloyds said the MBNA deal would bring a "significant opportunity for cost synergies", saying it expects to make savings of £100m a year, about 30% of the credit card firm's cost base in 2015. Our low cost to income ratio and proven integration capabilities will deliver significant synergies and value to our shareholders. MBNA will retain its own branding and customers will not need to transfer to a new card. (more...)
NY welcomes a more spontaneous Chinese tourist NY welcomes a more spontaneous Chinese tourist
- December 20, 2016

NY tourism is on track to break the 60 million mark by the time the Times Square bell drops on New Year's Eve. The most popular and the biggest tourism destination in the U.S. "I look forward to continue promoting this lovely city and welcoming all those who visit in the future". NYC & Company, the city's tourism marketing agency, saidthe Chinese market is transitioning from business and group tours to fully independent travelers, with a younger and more affluent generation traveling to ... (more...)

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