Markets


Passengers complain at new ban on flight carry-on electronic devices Passengers complain at new ban on flight carry-on electronic devices
- March 22, 2017

Passengers travelling on Middle Eastern airlines namely Etihad and Emirates will not be allowed to carry electronic devices larger than a cell phone or smart phone in the cabin, ArabianBusiness.com reported . The British regulations affect British Airways , easyJet , Jet2, Monarch , Thomas Cook , Thomson , Atlas-Global, Pegasus, EgyptAir, Royal Jordanian , Middle East Airlines , Saudia , Turkish Airlines and Tunisair. (more...)
Existing-Home Sales Stumble in February
- March 22, 2017

Total existing-home sales cooled off after a strong start to 2017. A shortage of inventories of homes for sale and weakening affordability have slowed down the market, NAR Chief Economist Lawrence Yun said. This monthly drop is no surprise to the market considering January's drop in pending home sales, which hit the lowest level in a year. Unsold inventory is at a 3.8-month supply at the current sales pace, up only slightly from 3.5 months in January. (more...)
Analyst Research and Recommendations: Freeport-McMoRan Inc. (FCX), Nuance Communications, Inc. (NUAN) Analyst Research and Recommendations: Freeport-McMoRan Inc. (FCX), Nuance Communications, Inc. (NUAN)
- March 22, 2017

As per Saturday, August 15, the company rating was maintained by Macquarie Research. On Wednesday, February 15 WHITMIRE C DONALD JR sold $38,425 worth of Freeport-McMoRan Inc (NYSE:FCX) or 2,525 shares. The firm's revenue for the quarter was up 24.5% compared to the same quarter previous year. An issue of Freeport-McMoRan Inc (NYSE:FCX) bonds fell 1.5% as a percentage of their face value during trading on Monday. (more...)
ROE of Silver Wheaton Corp. (SLW) stands at 0.3 ROE of Silver Wheaton Corp. (SLW) stands at 0.3
- March 22, 2017

Likewise, the positive performance for the quarter was recorded as 14.80% and for the year was 13.07%, while the YTD performance remained at 3.16%. By reviewing stock prices from the stock market history of the company and examining its analysts ratings can give an investment picture with updated information of stock which helps investors to make investing decision. (more...)
Alibaba plans for regional distribution hub in Malaysia Alibaba plans for regional distribution hub in Malaysia
- March 22, 2017

The eWTP concept envisions the creation of digital free-trade zones where small and medium-sized enterprises (SMEs) can easily plug into global trade via e-commerce. "I am a strong believer of globalisation". Apart from the fulfilment hub, there also were plans to build a cross-border online trading platform to connect suppliers and SMBs between China with Malaysia, as well as establish e-payments and financing services to facilitate business-to-business trade for Malaysian SMBs. (more...)
OSBORNE: Petition urging Tatton MP to 'pick a job' attracts 170000 signatures OSBORNE: Petition urging Tatton MP to 'pick a job' attracts 170000 signatures
- March 22, 2017

Tom Watson said Mr Osborne would be expected to seek to influence ministers on media policy in his new role, and urged Mr Hancock to excuse himself from any matters relating to the Standard. One of the greatest newspaper editors ever, CP Scott, combined editing the Manchester Guardian with being an MP. "In our age, politicians from Iain Macleod and Richard Crossman to, of course, Boris Johnson have combined the role of editor and Member of Parliament". (more...)
House Intelligence Chair Says President Trump's Communications May Have Been 'Monitored'
- March 22, 2017

Nunes, a Trump ally who is heading the House's investigations into Russia's meddling in the election, said he was "alarmed" by the developments. "This appears to be all legally collected foreign intelligence under" the Foreign Intelligence Surveillance Act. (more...)
French far-right Le Pen to meet Chadian President Deby
- March 22, 2017

The relative newcomer, who has never run for public office before cemented his position as one of the most important candidates in the election after clashing against Le Pen in a debate that lasted nearly three and a half hours. I want to be president of the French Republic which respects article five which states the president guarantees national sovereignty and territorial integrity", she said. (more...)
Electronic devices ban on some UK-bound flights
- March 22, 2017

The ban will cover around 14 airlines that operate direct flights from largely Muslim countries Turkey, Lebanon, Jordan, Egypt, Tunisia, Saudi Arabia. Britain is set to ban passengers from carrying most electronic devices on flights from certain countries in the Middle East, Sky News reported on Tuesday, following similar measures introduced in the United States. (more...)
Dutch finance minister target of Greek parcel bomb
- March 22, 2017

A spokeswoman for German Finance Minister Wolfgang Schaeuble said the minister valued Dijsselbloem's work and sought to play down the remarks. Dijsselbloem's term ends in January, 2018. The Berlin package was intended for German Finance Minister Wolfgang Schaeuble, and was discovered a day before he was due to host his new United States counterpart, Steven Mnuchin. (more...)
Michael Phelps' Starbucks Barista Did Something Amazing Michael Phelps' Starbucks Barista Did Something Amazing
- March 22, 2017

We've all had Starbucks baristas who spell our names wrong on coffee cups, but Michael Phelps clearly ran into a fan when he ordered some java on Monday, March 20. He also holds the all-time records for Olympic gold medals, Olympic gold medals in individual events, and Olympic medals in individual events. Of course, GOAT stands for "greatest of all time". (more...)
Frontier Communications Corp (FTR) Given New $1.75 Price Target at Citigroup Inc Frontier Communications Corp (FTR) Given New $1.75 Price Target at Citigroup Inc
- March 22, 2017

On 8/1/2016 Frontier Communications Corp announced a quarterly dividend of $0.11 8.66% with an ex dividend date of 9/13/2016 which will be payable on 9/30/2016. The company reported $-0.12 EPS for the quarter, missing the analyst consensus estimate by $ -0.09. Frontier Communications Corporation ( FTR ) is now showing its ROA (Return on Assets) of -2.1%. (more...)
Exane BNP Paribas Retained Booker Group PLC (LON:BOK) As 'Underperform' Exane BNP Paribas Retained Booker Group PLC (LON:BOK) As 'Underperform'
- March 22, 2017

JPMorgan Chase & Co. reissued an overweight rating and set a GBX 7,843 ($96.86) price objective on shares of Dcc Plc in a report on Thursday, November 24th. Shareholders of record on Thursday, February 23rd will be given a dividend of GBX 23.70 ($0.29) per share. N+1 Singer has reiterated Augean PLC (LON:AUG) to Corporate in a report released on 3/21/2017. (more...)
Trump supporters don Wall Street 'Fearless Girl' statue in MAGA garb Trump supporters don Wall Street 'Fearless Girl' statue in MAGA garb
- March 22, 2017

Donald Trump supporters descended on the "Fearless Girl" statue on Wall Street in the middle of the night and briefly turned it into a fellow Donald Trump supporter. "Women, girls, that's great, but that's not what that (my sculpture) is", Di Modica said. My bull is a symbol for America. NY politicians Public Advocate Letitia James and Representative Carolyn Maloney have suggested the "Fearless Girl" become a permanent part of the Wall Street milieu. (more...)
US temporarily bans larger electronics from cabins of certain flights
- March 22, 2017

The airlines affected by the U.S. ban are Royal Jordanian, EgyptAir, Turkish Airlines, Saudi Arabian Airlines, Kuwait Airways, Royal Air Maroc, Qatar Airways, Emirates and Etihad Airways. The ban follows similar one imposed by the US. Large electronic devices will be allowed onboard, but will have to be in checked baggage. All passengers, even US citizens, from these direct flights will be subject to the new policy. (more...)
Calls for Dijsselbloem to quit as Eurogroup chief over 'stupid jokes'
- March 22, 2017

However, the Dutch politician refused to apologize for such comments, saying these were not directed to one country, but to all countries. "I would not have said it, and I think it's wrong", she said. The future of Dijsselbloem as a leading European Union official was already at risk following a general election in the Netherlands last week, where his Labour Party saw a dramatic setback. (more...)
Akzo Nobel rejects improved bid from US rival PPG Akzo Nobel rejects improved bid from US rival PPG
- March 22, 2017

Akzo rejected a $22bn (£18bn) offer from PPG on 9 March, saying that the bid substantially undervalued the business. Wednesday's deal is comprised of cash of €57.50 and 0.331 share of PPG common stock, the company said, and represents an increase of €7.00 per ordinary share from PPG's initial offer. (more...)
(LEN) Stock Rating Reaffirmed by Royal Bank of Canada (LEN) Stock Rating Reaffirmed by Royal Bank of Canada
- March 22, 2017

Equities research analysts anticipate that Lennar will post $3.82 earnings per share for the current year. The High end of the forecast is $0.6/share, while the Low end is $0.49/share. Macquarie Group Ltd. now owns 118,138 shares of the company's stock worth $5,446,000 after buying an additional 7,205 shares during the period. Its last month's stock price volatility remained 1.02% which for the week stands at 1.11%. (more...)
Costco sues Acushnet over Kirkland Signature golf ball Costco sues Acushnet over Kirkland Signature golf ball
- March 22, 2017

The price and quality of the balls caused a run on the product past year, especially after equipment review sites gave them positive marks. The Kirkland ball retails at $15 (12.16) per-dozen, while the Titleist Pro V1 is on sale for £34.99. (more...)
Uber promises corporate culture shakeup as executives walk Uber promises corporate culture shakeup as executives walk
- March 22, 2017

With the surprise resignation Sunday of Uber's president of ridesharing Jeff Jones - after less than six months at the company - there have been questions about Uber's ability to fix relations with the hundreds of thousands of drivers who use the platform. (more...)

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