Markets


Rahul Gandhi's uttrances are lacking maturity: BJP
- December 27, 2016

Demonetisation has made no impact on black money". Probed about the absence of a number of Opposition parties, he said building unity was a process. "The Prime Minister says he is fighting corruption but he is not answering the questions raised about him". "Will you resign as the PM, if things don't get stable in 50 days, which is now nearly over?" "Modi had said that by 30 December, everything will be fine". (more...)
Next Weeks Broker Price Targets For Tesla Motors, Inc. (NASDAQ:TSLA) Next Weeks Broker Price Targets For Tesla Motors, Inc. (NASDAQ:TSLA)
- December 27, 2016

Pacific Crest restated a hold rating on shares of Tesla Motors in a report on Wednesday, September 28th. S&P Equity Research reissued a "sell" rating on shares of Tesla Motors in a report on Thursday, October 27th. 14 Insider Sales transactions were made totaling 104149 shares traded. The shares were sold at an average price of $197.60, for a total transaction of $549,130.40. (more...)
Starbucks debuts 3 new drinks available through January 1 Starbucks debuts 3 new drinks available through January 1
- December 27, 2016

Starbucks Corporation (NASDAQ:SBUX) is releasing three new drinks to customers. If that's somehow not decadent enough for you (and we get that), each drink is then topped off with some finishing dark-chocolate curls. The drink is a hot espresso poured over both chocolate sauce and white chocolate sauce and topped with steamed milk. The collection includes tuxedo mocha , tuxedo hot chocolate and tuxedo mocha Frappuccino blended beverage . (more...)
Crude Oil Rises in Anticipation of OPEC Production Cuts
- December 27, 2016

Saudi Arabia, which is the largest producer of OPEC, looks extremely optimistic about crude oil prices after the production deal agreement. OPEC members agreed to reduce output by a combined 1.2 million barrels per day starting from January 1, their first such deal since 2008. (more...)
US Home Prices Climb Sharply in October US Home Prices Climb Sharply in October
- December 27, 2016

The chart below show the annual returns of the U.S. National, the 10 -City Composite, and the 20- City Composite Home Price Indices. The tight supply pushed the median price of existing homes to $234,900 last month, up 6.8 percent from a year ago. (more...)
Henrikh Mkhitaryan to keep Manchester United's Premier League resurgence Henrikh Mkhitaryan to keep Manchester United's Premier League resurgence
- December 27, 2016

Though United's 3-1 win will be remembered by a Henrikh Mkhitaryan goal which the Armenian described last night as the "best goal I ever scored", Ibrahimovic's all-round contribution was even better. "It is not a situation I am used to but some of the players are". I hope we can find a way. Jose Mourinho has encouraged Anthony Martial to follow the example set by Henrikh Mkhitaryan at Manchester United this season. (more...)
Tesla Motors Inc (NASDAQ:TSLA) And Panasonic Strike A Win-Win Deal Tesla Motors Inc (NASDAQ:TSLA) And Panasonic Strike A Win-Win Deal
- December 27, 2016

Under the new arrangement announced Sunday, Panasonic will invest $260 million in the Buffalo plant, while Tesla will make a long-term commitment to purchase stationary photovoltaic cells and modules produced there. The two companies have deepened their alliance with their recent agreement of investments and purchase commitment. At present, the "high-efficiency PV cells and modules will be used to produce solar panels in the non-solar roof products". (more...)
Demonetisation dealt with terrorism, human trafficking, drug mafia: PM Modi Demonetisation dealt with terrorism, human trafficking, drug mafia: PM Modi
- December 27, 2016

Promising people that he was going to drag Uttarakhand out of the "bottomless pit of corruption in which it was languishing under the present regime", the PM said the state needs a double-engine, one at the Centre and the other in the state capital to pull it out of its woes. (more...)
Monte dei Paschi shortfall €8bn, European Central Bank says
- December 27, 2016

The higher cost of the state rescue is due to the fact that the European Central Bank has revised the bank's capital shortfall to 8.8 billion euros from a previous estimate of 5 billion euros. It also noted that the bank's liquidity position had worsened between the end of November and 21 December. In its reply, the ECB said it had calculated the capital it believed the bank needed on the basis of a shortfall emerging from European stress test of large lenders earlier this year. (more...)
Demonetisation decision against poor: Rahul Gandhi Demonetisation decision against poor: Rahul Gandhi
- December 27, 2016

The meeting is also an attempt on the part of the Congress to bridge the gap that developed when several Opposition parties skipped the joint march to Rashtrapati Bhavan on December 16 over demonetisation issue. She also asked if Narendra Modi would resign as prime minister if things did not return to normal after 50 days of the note ban. CPI (M), the main force in the Left Front and arch rival of the TMC, has chose to stay away from the joint press conference. (more...)
Toshiba may book huge loss on United States nuclear acquisition Toshiba may book huge loss on United States nuclear acquisition
- December 27, 2016

The electronics giant has recently suffered a series of huge losses from its nuclear business in the US. At issue is subsidiary Westinghouse Electric's purchase last December of Chicago Bridge & Iron's nuclear power services business. But, the company said in a statement that it's not the source of the news reports and it is assessing the current value of its assets. A year ago, Japan's Securities and Exchange Surveillance Commission said Toshiba should be slapped with a record ... (more...)
White Christmas in Himachal Pradesh: Shimla, Kufri witness season's first snowfall White Christmas in Himachal Pradesh: Shimla, Kufri witness season's first snowfall
- December 27, 2016

However, shallow to moderate fog has been recorded over the city since past few days. Keylong in Lahaul-Spiti district was the coldest in the state at 0.4 degree Celsius. Manali, as usual, remains a magnet for holiday-makers. There is no snowy landscape even at Gulaba, 30 km from Manali, which normally attracts skiers during this period, Thakur said. (more...)
Nikkei ends almost flat in thin trade; Toshiba plummets
- December 27, 2016

The company is expected to report a roughly 100 billion yen ($850 million) one-time loss for the fiscal year ending March 2017, the leading business daily Nikkei reported, while public broadcaster NHK reported the figure could go up to 500 billion yen. (more...)
Trump to dissolve charitable foundation Trump to dissolve charitable foundation
- December 27, 2016

The Democratic Party says that's not enough and is calling for the billionaire businessman to put his assets in a blind trust. "President-elect Trump has directed his counsel to take the necessary steps to effectuate the dissolution", the statement added. (more...)
Israel says there's 'ironclad' proof Obama pushed United Nations vote Israel says there's 'ironclad' proof Obama pushed United Nations vote
- December 27, 2016

Tony Kay, Britain's deputy ambassador to Israel, has been on duty this week while the United Kingdom head of mission David Quarrey is home for Christmas. The Prime Minister's Office denies ministers have been instructed to cancel meeting with PM May next month. "We look forward to working with the incoming administration". (more...)
What Is Donald Trump Doing For Christmas?
- December 27, 2016

On Friday, Trump warned, "As to the United Nations, things will be different after January 20th", referring to the day he takes office. This year the Security Council has approved more than 70 legally binding resolutions, including new sanctions on North Korea and measures tackling conflicts and authorising the UN's far-flung peacekeeping operations around the world. (more...)
Berlin Truck Attack: Nephew of Suspect Anis Amri, 2 Others Arrested
- December 27, 2016

Officials said the nephew confessed that Amri sent him money with another person's ID through the mail so that he could come to Germany to join him. He reached Germany, where authorities were concerned enough to put him under covert surveillance for six months earlier this year, ending the operation in September. (more...)
Rite Aid Announced its Financial Results for Q3 of Fiscal 2017 Rite Aid Announced its Financial Results for Q3 of Fiscal 2017
- December 27, 2016

Excluding certain items, per-share earnings fell to 2 cents a share from 8 cents a year earlier. Cornerstone Capital Management Holdings LLC. raised its position in Rite Aid Corp.by 306.0% in the third quarter. Rite Aid Corp. The company's revenue was down.8% compared to the same quarter a year ago. TRADEMARK VIOLATION NOTICE: This report was originally published by Marea Informative and is the sole property of of Marea Informative. (more...)
Russian Military Plane, With 92 Aboard, Crashes Into Black Sea
- December 27, 2016

Rescue teams have recovered 11 bodies as well as body fragments and flew them to Moscow yesterday, where the remains will be identified. President Vladimir Putin told state television that Russian Federation will observe a day of national mourning on Monday. (more...)
Colombia plane crash investigation: Plane ran out of fuel
- December 27, 2016

The BAE 146 Avro RJ85 aircraft has a maximum range of 1,600 nautical miles - just under the distance between Medellin and Santa Cruz, Bolivia, where the plane had set off from. Investigators found that crew members of the LaMia flight were aware of the lack of fuel but waited too long to report the emergency. Earlier in December, Bonilla said that the crashed aircraft had had a fuel deficiency. (more...)

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