Markets


Insider Trading and Upgrades/Downgrades for ConAgra Foods, Inc. (NYSE:CAG) Insider Trading and Upgrades/Downgrades for ConAgra Foods, Inc. (NYSE:CAG)
- December 23, 2016

ConAgra Foods (NYSE:CAG) opened at 38.00 on Thursday. Stifel Nicolaus boosted their price target on shares of ConAgra Foods from $46.00 to $52.00 and gave the stock a "hold" rating in a research note on Wednesday, October 19th. This represents a $0.80 dividend on an annualized basis and a yield of 2.11%. Revenues fell 32.5% from past year, mostly due to its November spin-off Lamb Weston , to $2.09 billion. (more...)
Berlin Terror Attack Suspect Shot Dead in Milan Berlin Terror Attack Suspect Shot Dead in Milan
- December 23, 2016

Germany's federal prosecutor's office offered a reward of up to 100,000 euros for information leading to his arrest . ISIS is taking responsibility for the attack, referring to the perpetrator as a "soldier of the Islamic State", as police continue pursuing the potential connection. (more...)
Prosecutors: Man fondled woman in air, apologized in notes Prosecutors: Man fondled woman in air, apologized in notes
- December 23, 2016

Attorney Paul Fishman. She fell asleep and awoke to find a blanket she had placed over her had been pulled down. 40-year-old Ganesh Parkar was detained on the woman's complaint and was charged with abusive sexual contact in a federal court in Newark, New Jersey. (more...)
Libyan plane in hijack situation, diverted to Malta Libyan plane in hijack situation, diverted to Malta
- December 23, 2016

Malta's Prime Minister Joseph Muscat tweeted he had been alerted to a "potential hijack " of the Libyan plane . The plane , which was originally headed to Libya, made an emergency landing in Malta . Malta , a tiny nation of less than half a million people, is a member of the European Union. The Airbus A320 of Afriqiyah Airways was diverted on Friday morning. (more...)
Research Analysis of Frontier Communications Corporation (NASDAQ:FTR)
- December 23, 2016

The institutional investor owned 128,454 shares of the company's stock after buying an additional 1,986 shares during the period. The company has a total of 1.16 Billion shares outstanding. will post ($0.10) earnings per share for the current year. The company also recently declared a quarterly dividend, which will be paid on Friday, December 30th. (more...)
Churches ready for Christmas services
- December 23, 2016

The service will be at 8 p.m. "We refer to that as the "come as you are" service". St Cuthbert's Church: Christmas Eve , Carol Service, 6pm; Christmas Day , Communion Service, 9am. The church is located at 5123 Revere Road. Holyoke Assembly of God will host a Christmas Eve service at 6 p.m. Sunday's service will be at the regularly scheduled 10:30 a.m., and Sunday school will be canceled. (more...)
Over 22K sign up for insurance in W.Va. Over 22K sign up for insurance in W.Va.
- December 23, 2016

In total, 103,707 people in the Raleigh-Durham area - which includes Fayetteville according to CMS - have signed up for coverage. In Alabama, 122,711 people signed up during that period, which is also a 1 percent increase over prior year. (more...)
Pharma firm Teva ordered to pay $519M over bribe deal Pharma firm Teva ordered to pay $519M over bribe deal
- December 23, 2016

The Act makes it a crime to bribe foreign government officials to win business regardless of whether the payments are made directly or through other means such as extravagant entertainment or footing the bill for global travel. In one of the bribe scenarios, from 2010 to 2012, Teva paid a Russian official allowed the company to reap $200 million in illicit profits even though Russia's public health system was looking to cut its spending on foreign drugs, the company said. (more...)
Lakers Sputter After Big Lead Again In Loss to Heat Lakers Sputter After Big Lead Again In Loss to Heat
- December 23, 2016

If New Orleans picks up another W tonight against the Heat - provided Luke Babbitt doesn't decide to teach Dell Demps a lesson by going bonkers from beyond the arc - maybe we'll finally see a legitimate plan for New Orleans to get back on track: changing conferences. (more...)
India rupee ban: Snapdeal to deliver cash India rupee ban: Snapdeal to deliver cash
- December 23, 2016

People can now order cash on Snapdeal to be delivered at their doorsteps, reported The Economic Times . Banks are also strapped for cash , capping withdrawals at Rs24,000 ($353) in a single visit to the bank and Rs 2,500 ($37) per card. Live in Gurgaon and Bangalore, the service is slated to be extended to other major cities in the days to come following the government's demonetisation drive. (more...)
EU Orders Spanish Banks to Repay Billions to Mortgage Borrowers EU Orders Spanish Banks to Repay Billions to Mortgage Borrowers
- December 23, 2016

Analysts said the banks could shell out between €3bn and €4.5bn. "It will mean pressure on capital generation and profits in the fourth quarter". The European court ruling "will apply to court cases that are still open but there is a doubt in the case of lawsuits that have already been closed", he added. (more...)
Dow Jones falls short of 20000 as stocks stumble
- December 23, 2016

US 10-year Treasury note yields, which reached their highest in more than two years last week after the Federal Reserve raised interest rates and forecast more hikes in 2017 than most investors had expected, edged lower in light trading volume to 2.54 percent US10YT=RR . (more...)
Turkey detains 11 for links to Russian ambassador killer Turkey detains 11 for links to Russian ambassador killer
- December 23, 2016

Meanwhile, a team of 18 Russian investigators arrived in Ankara on Tuesday to take part in a joint probe inside Turkey, an unprecedented move agreed by President Recep Tayyip Erdogan and Russian counterpart Vladimir Putin. The shooting came just as Turkey and Russian Federation recently improved relations and agreed to cooperate more closely over Syria. Whatever motivated gunman Mevlut Mert Altintas, an off-duty policeman killed by police after shooting Karlov at a photo exhibition in Ankara ... (more...)
Deutsche Bank Reaches $7.2 Bln Settlement In US Over Mortgage-backed Securities Deutsche Bank Reaches $7.2 Bln Settlement In US Over Mortgage-backed Securities
- December 23, 2016

US lenders including JPMorgan Chase and Bank of America have already settled with authorities over their actions, while the US Justice Department is still in negotiations with Deutsche Bank about a possible settlement. Fears that the fine would outweigh the firm's provisions of 5.9 billion euros ($6.2 billion) for outstanding legal cases have weighed on Deutsche since the fine was announced. (more...)
Tatts says Macquarie led bid 'not superior' to Tabcorp offer Tatts says Macquarie led bid 'not superior' to Tabcorp offer
- December 23, 2016

Tatts continued to unanimously recommend the Tabcorp agreement. The Pacific Consortium, led by Macquarie Group Ltd (ASX: MQG), had made an offer equating to between $4.40 and $5.00 per share. Their proposal offered between $4.40 and $5.00 per Tatts share. It also said net debt was A$1.2 billion, which is higher than the A$1.04 billion the consortium assumed in its proposal, and that it was unclear if its lottery license in Victoria state would be renewed or on what terms. (more...)
Pensions watchdog to be given 'nuclear deterrent' powers Pensions watchdog to be given 'nuclear deterrent' powers
- December 23, 2016

The money, almost £400,000 of which is in legal expenditure, is in addition to internal costs for the Pensions Regulator (TPR), which has 16 staff working on the probe, though not all of them full-time. A Department for Work and Pensions spokesperson said the government would publish a Green Paper on pension funding next year and examine the powers of the pensions regulator. (more...)
The Walt Disney Company (NYSE:DIS) Shares Off -0.26% in Wednesday's Premarket The Walt Disney Company (NYSE:DIS) Shares Off -0.26% in Wednesday's Premarket
- December 23, 2016

The 18 analysts gave Hold ratings in recent rating, DIS attains Overweight consensus rating in current rating pool. The Walt Disney has a consensus rating of "Hold" and an average price target of $108.39. In the past 52 weeks, the share price moved between $51.67 and $71.20. Cowen and Company set a $90.00 price target on shares of The Walt Disney and gave the company a "hold" rating in a research report on Wednesday, December 7th. (more...)
Yet another curb on old note deposits exceeding Rs 5000 Yet another curb on old note deposits exceeding Rs 5000
- December 23, 2016

After banning old 500 and 1000 rupee notes from 8th November, the government allowed individuals to deposit banned notes till 30th December 2016. Keeping this in view and to reduce the queues in the banks, it has now been decided that amounts exceeding Rs.5000 in old notes can be deposited only once between now and 30th December, 2016. (more...)
Daesh claims responsibility for Berlin truck attack Daesh claims responsibility for Berlin truck attack
- December 23, 2016

She said in a statement on Tuesday: "It would be very hard for us to learn that a human being committed this deed who came to Germany to ask for refuge and asylum". Amri is reported to have entered Germany through Freiburg, a city in the country's southwest, in July 2015 and was suspected of having ties with the Islamic State group, also known as ISIS. (more...)
GST Council discusses 100 sections of CGST, to discuss dual control tomorrow GST Council discusses 100 sections of CGST, to discuss dual control tomorrow
- December 23, 2016

The first day of the seventh meeting of the Goods and Services Tax (GST) Council ended with broad consensus over most of the clauses of the draft Central GST (CGST) Bill. Opposing the Centre's proposal for a vertical split of the assessee base for administrative objective, the states are building rationale for keeping small taxpayers with themselves: Taxpayers with a turnover above Rs 1.5 crore contribute 90% of the revenue, even as 93% of the service tax assessees and 85% of the VAT taxpayers ... (more...)

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