Markets


Dollar rebounds after robust US jobs report
- August 07, 2016

European shares climbed amid thin trading volume. Dollar index trims its gains yesterday after downbeat USA weekly job data. There's now a 47 percent chance of a Fed rate increase this year, according to futures data compiled by Bloomberg, up from a 37 percent probability seen Thursday. (more...)
UN Security Council to meet on North Korea missile launch
- August 07, 2016

North Korea successfully test-fired a mid-range ballistic missile into open water Wednesday, according to South Korea's military - and it appears that a second projectile exploded upon being launched. Japanese Defense Minister Gen Nakatani said one missile came down in Japan's EEZ 250 km west of the Oga Peninsula in Akita Prefecture. Council statements have to be agreed by consensus and previous condemnations of North Korea missile launches have taken days or weeks. (more...)
MP promises to stick by Labour if Jeremy Corbyn wins again
- August 07, 2016

More than 170 Labour MPs passed a vote of no confidence in Mr Corbyn while just 40 backed their leader. As well as these 20 policies, Owen Smith has said he wants to rewrite Clause Four of Labour's constitution - the party's mission statement - "to put tackling inequality right at the heart of everything that we do". (more...)
Wisconsin officials test for Zika-carrying mosquito as virus spreads, funding dwindles
- August 07, 2016

Once a travel-related case is identified, public health officials and local mosquito control agencies are notified to take action to minimize the potential for local spread. Florida has reported 15 locally acquired cases, but the CDC has confirmed just 6 of them. The first confirmed Zika virus infection was found in May 2015 in Brazil. (more...)
Tesla Misses Estimates (By A Mile) But Affirms Delivery Targets Tesla Misses Estimates (By A Mile) But Affirms Delivery Targets
- August 07, 2016

Tesla reported a lost of $1.06 per share for Q2, which was considerably more than most analysts expected. Tesla said it delivered 14,402 new vehicles in the second quarter, about 30 more than it preannounced in July and short of its target for 17,000. (more...)
Kim Kardashian West to BlogHer Kim Kardashian West to BlogHer
- August 07, 2016

She joins fellow sex-positive icon and symbol of female empowerment Sarah Jessica Parker, who also disavowed the word "feminism" earlier this week immediately after explaining that she supports the exact ideology that feminism strives to make reality. (more...)
US trade deficit hits $44.5 billion, biggest in 10 months US trade deficit hits $44.5 billion, biggest in 10 months
- August 07, 2016

In June, exports rose 0.6% to C$41.39 billion, but that trailed a 0.8% advance in imports to C$45.02 billion. Imports rose a faster 1.9 percent to $227.7 billion, led by a 19.4 percent jump in petroleum imports. In this case, it seems clear that falling oil prices reduced the value of imports, and since those prices have probably begun recovering from rock-bottom levels, the trade deficit may well grow as oil comes back. (more...)
Stocks rally to new record highs on jobs report Stocks rally to new record highs on jobs report
- August 07, 2016

Dow industrials bucked its losing streak of seven sessions on August 3 and the wider market enjoyed a moderate advance by piggybacking a rebound in the crude-oil futures. Security software maker FireEye tumbled after it reported weak sales, cut its forecasts and announced job cuts. On the Nasdaq , shares in Google's parent company, Alphabet climbed 1.2%, while Apple stock jumped 1.5%. (more...)
Tesla Posts Wider Q2 Loss But Beats Production Target (TSLA, SCTY)
- August 07, 2016

Patient investors have given Musk a lot of leeway, but to justify Tesla's $32 billion market cap , the company needs to ramp up production. Analysts on average had expected a loss of 52 cents per share, according to Thomson Reuters I/B/E/S. (more...)
#ElectionResults: Malema tweets ANC coalition proposal to FF+ #ElectionResults: Malema tweets ANC coalition proposal to FF+
- August 07, 2016

EFF Commander in Chief, Julius Malema, took to Twitter to tweet what looks like an official proposal by the ANC to form a coalition with the Freedom Front Plus (FF+) in Limpopo. Malema himself still seemed to be searching for answers on how coalitions would work in municipalities where no party won an outright majority; wondering out loud how the EFF could work with the African National Congress on land policies or the promote the Democratic Alliance's "white arrogance". (more...)
McDonald's Changes Menu, Woos Chipotle Customers: So Is It a Buy?
- August 07, 2016

McDonald's announced additional changes including hamburger buns made without high fructose corn syrup and the removal of artificial preservatives from its Chicken McNuggets and from its breakfast items, including pork sausage patties and biscuit breakfast sandwiches. (more...)
Back on Olympic stage, Leyva eyes making impact for Team USA
- August 07, 2016

On still rings is Switzerland, on vault is defending team gold medalists China, and on parallel bars are individuals from Romania, Spain, Cyprus, Finland, and Argentina, and lastly starting on high bar is Russian Federation. Japan's Kohei Uchimura, defending all-around Olympic champion who has also won the all-around title at the last six world championships, will be the star of subdivision 1. (more...)
US payrolls gains beat expectations, wages rise US payrolls gains beat expectations, wages rise
- August 07, 2016

Globally, markets were unsettled when the United Kingdom voted in June to leave the European Union but have since calmed. USA stocks jumped to record highs Friday after a strong jobs report for the month of July gave investors more confidence that the economy is still growing. (more...)
Hillary Clinton leads Donald Trump after Democratic National Convention
- August 06, 2016

Jackie Baumgardner, of Cherry Hill, New Jersey, a Democrat who volunteered to help delegates with disabilities, said, "I think we were all lifted up tonight and we're going to work to get her elected". "Don't let anyone tell you we don't have what it takes", Clinton said. Her campaign has identified them as the " Donald Trump Park Avenue Collection" - four inches by six inches (about 10 cm X 15 cm) picture frames. (more...)
Pak helicopter crash-lands, crew taken hostage Pak helicopter crash-lands, crew taken hostage
- August 06, 2016

A helicopter carrying six people crashed in Afghanistan's Logar province on Thursday. Afghan officials said the Taliban took the crew members along with them and efforts were underway to secure their release. A spokesman for the Taliban said he was not aware of the incident. "The first option is to recover the hostages through dialogue", he said. The Embassy of Pakistan in Kabul was actively pursuing the matter. (more...)
Bernie Sanders Asks Delegates Not To Protest On DNC Floor, They Listen Bernie Sanders Asks Delegates Not To Protest On DNC Floor, They Listen
- August 06, 2016

Trump claimed that Clinton knew that the DNC was conspiring against Sanders . Monday afternoon Sanders sent out a signed text message to his delegates that read: "I ask you as a personal courtesy to me to not engage in any kind of protest on the floor". (more...)
Tesla posts second-quarter loss, misses expectations
- August 06, 2016

Wednesday reported a second-quarter loss that widened from a year ago, hurt largely by higher operating costs which offset an increase in revenues. Tesla says it has completed the design of the Model 3 and that it has moved on to tooling, production planning, and validation. After taking in so many reservations, Tesla accelerated its production plans. (more...)
Texas, minority groups agree on temporary remedy for voter ID
- August 06, 2016

In this February 26, 2014 file photo, an election official checks a voter's photo identification at an early voting polling site in Austin, Texas. It's part of a national trend of federal courts blocking states from using election restrictions enacted by Republican governors and legislatures. (more...)
VIP gaming slump hits MGM China VIP gaming slump hits MGM China
- August 06, 2016

One of the most important ways MGM is growing in the region is through its hotel revenue. CNO Financial Group, Inc., through its subsidiaries, develops, markets, and administers health insurance, annuity, individual life insurance, and other insurance products for senior and middle-income markets in the United States. (more...)
Deliveroo just raised $275m to fend off Uber Deliveroo just raised $275m to fend off Uber
- August 06, 2016

While most American food delivery junkies probably haven't heard of Deliveroo, it's massive overseas, now operating in more than 84 cities across 12 countries including Australia, France, United Arab Emirates, and the United Kingdom. He said the company is unlikely to enter the United States market, however. The company has 800 employees and lists 200 job openings on its website. A source familiar with the investment said it was agreed at a higher valuation than previous rounds, putting ... (more...)

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