Markets

FTSE 100 Slips As Fed Increases Interest Rates

FTSE 100 Slips As Fed Increases Interest Rates The Washington Post reported that special counsel Robert Mueller is investigating Trump for possible obstruction of justice, a criminal charge. SHANGHAI China's central bank left interest rates for open market operations unchanged on Thursday, shrugging off an overnight increase in the U.S. [Full Article...]

William Hill plc's (WMH) "Hold" Rating Reiterated at Shore Capital

The firm has "Hold" rating given on Wednesday, January 20 by Cantor Fitzgerald. The stock of Huntington Bancshares Incorporated (NASDAQ:HBAN) earned "Outperform" rating by Wedbush on Wednesday, November 30. 13/07/2016 - Equiniti Group had its "Buy" rating reiterated by analysts at Citigroup. The rating was maintained by Liberum Capital with "Sell" on Tuesday, June 6. [Full Article...]

Markets Right Now: Stocks open slightly lower on Wall Street

The Dow is down 12.77 points or 0.1 percent at 21,516.22, the Nasdaq is down 12.27 points or 0.2 percent at 6,226.74 and the S&P 500 is down 7.42 points or 0.3 percent at 2,446.04. BUILDING HIGHER: Homebuilder Lennar jumped $1.98, or 3.7 percent, to $54.72 after reporting stronger revenue and earnings for the latest quarter than analysts expected. [Full Article...]

As Wal (WMT) Market Valuation Rose, Academy Capital Management INC Cut Position

As Wal (WMT) Market Valuation Rose, Academy Capital Management INC Cut Position Academy Capital Management Inc decreased its stake in Wal ( WMT ) by 49.93% based on its latest 2016Q4 regulatory filing with the SEC. Parkside Financial Bank & Trust sold 12,759 shares as Wal (WMT)'s stock rose 13.55%. The company presently has an average rating of "Hold" and a consensus price target of $78.46. Since January 5, 2017, it had 0 insider purchases, and 36 insider sales for $7.18 bi... [Full Article...]

SpiceJet, Boeing sign MoU for 40 737 MAX planes

SpiceJet, Boeing sign MoU for 40 737 MAX planes Boeing's forecast also pegged the single-aisle segment as the one that will experience the most growth over the forecast, propelled by low-priced airlines and emerging markets . "This strengthens our ambition to satisfy our customers' demand for an aircraft they truly value due to its economics, operating efficiencies and high levels of in-cabin comfort and innovation". [Full Article...]

Target Corp. Posted losses of -1.71% in the Last Trade

Given the stock's recent action, it seemed like a good time to take a closer look at the company's recent data. Peoples Financial Services CORP. boosted its position in Target Corporation by 116.7% in the first quarter. The firm had revenue of $16.02 billion during the quarter, compared to analyst estimates of $15.63 billion. For TGT, the company now has $1.55 Billion of cash on the books, which i... [Full Article...]

Crude Oil Prices Fall Sharply, Very Negative Reaction To Inventories Data

The failure of those OPEC-led cuts to tighten the market and keep prices higher, however, has led shale drillers to reduce their hedges, leaving them vulnerable to falling oil prices . "It's a huge resource, it's changed everything", said Gary N Ross, global head of oil at energy analysts Pira, of U.S. shale. Crude prices have fallen more than 10 percent since late May, pulled down by heavy glo... [Full Article...]

MSCI decides to include China A-shares in its EM Index

MSCI decides to include China A-shares in its EM Index Even so, China's A-share index will be small compared to the overall MSCI Emerging Market Index. Since all of these funds do not passively follow the MSCI Emerging Markets Index , it is hard to estimate how many of these assets will be reallocated to Chinese A-shares once they are a part of the index . [Full Article...]

Reds' Scooter Gennett ties MLB record with 4 homers

Reds' Scooter Gennett ties MLB record with 4 homers A scrappy second baseman who was claimed off waivers from the Milwaukee Bucks in late March, he began the night with 38 career home runs in five seasons, including three this year. Overpowering closer Craig Kimbrel struck out five in 1 1/3 innings for his 17th save in 18 chances. His four home runs and 12 RBIs are both record tying feats. [Full Article...]

Cone Midstream Partners LP (CNNX) Rating Lowered to Strong Sell at BidaskClub

Typically, a stock scoring an 8 or 9 would be seen as strong. 195,778 shares of the company's stock traded hands. It has outperformed by 21.55% the S&P500. Round Table Services LLC acquired a new stake in shares of EQT Midstream Partners, during the first quarter worth about $244,000. EQM's profit will be $111.60M for 13.62 P/E if the $1.31 EPS becomes a reality. [Full Article...]

SKorea to scrap plans to build nuclear reactors

Once fully commissioned by September this year, the farm will generate 85-thousand megawatts of electricity per hour, enough to cover the needs of 24,000 average South Korean homes. Former president Lee Myung Bak helped local companies win billions pounds of deals to build a nuclear reactor in the United Arab Emirates . In the following year, a fake parts scandal prompted an investigation a... [Full Article...]

Gulf Coast preparing for tropical storm that hasn't quite formed yet

It's maximum sustained winds are at 40 miles per hour (65 kph) and the storm is moving toward the northwest at 10 miles per hour (17 kph). Cindy joins Tropical Storm Bret , which formed a day earlier in the Caribbean. Cindy has top sustained winds of 45 miles per hour (75 kph) and the storm is presently stationary in the Gulf. Meanwhile, the cruise industry is also tracking Tropical Storm Bret... [Full Article...]

German minister sees danger in 'Trumpification' of conflict in Gulf

German minister sees danger in 'Trumpification' of conflict in Gulf We ask that there be no further escalation by the parties in the region. Trump himself has hinted that the diplomatic spat which saw Saudi Arabia, the UAE and several other Arab countries cut ties with Qatar over alleged funding of terrorist groups was a result of his recent Middle East tour. [Full Article...]

Hot Weather Alert: California residents urged to conserve electricity

Hot Weather Alert: California residents urged to conserve electricity Temperatures soared up to 110 degrees in California's interior, the most intense heat wave to hit the state since the summer of 2013. Several ways you can help is by turning off unnecessary lights, and only use major appliances after 9 p.m. [Full Article...]

Erdogan expresses support for Qatar amid Arab crisis

Erdogan expresses support for Qatar amid Arab crisis Meanwhile, Turkey's parliament approved sending troops to an existing Turkish base in Qatar as a sign of support. Erdogan nearly immediately voiced support for Doha , saying on Tuesday that "we don't find sanctions against Qatar right", as quoted by Bloomberg . [Full Article...]

Uber board approves changes to fix corporate culture

Uber board approves changes to fix corporate culture Uber CEO Travis Kalanick will discuss taking a possible leave of absence when the board convenes, The Wall Street Journal reported , citing an unidentified person familiar with the matter. More over in the past year or so, Mr Kalanick has earned a status as an uncompromising leader and was condemned heavily after being caught on video berating an Uber driver. [Full Article...]

Burger King whips up magically delicious 'Lucky Charms Shake'

Burger King whips up magically delicious 'Lucky Charms Shake' The shake - which is super Insta-worthy, might I add - is made of vanilla soft serve, sweet syrup, and of course, Lucky Charms oat cereal with their signature marshmallows. The drinks are then topped with a delectable-sounding layer of whipped cream and finished off with either Lucky Charms marshmallows or colorful Froot Loops bits, depending on which one you ordered. [Full Article...]

Korea irrational, responsible for Warmbier's death

Korea irrational, responsible for Warmbier's death Twenty-two-year-old Otto Warmbier (WORM'-bir) died in Cincinnati on Monday, not long after his return to OH after almost a year and a half in North Korean captivity. The U.S. government accuses North Korea of using such detainees as political pawns. They did not cite a specific cause of death. "There had not been any previous detainment in North Korea that has ended with such tragic finality",... [Full Article...]

Chief Minister Shivraj Singh Chouhan calls off his indefinite fast — Madhya Pradesh

Chief Minister Shivraj Singh Chouhan calls off his indefinite fast — Madhya Pradesh The chief minister further said that when he had fallen asleep "intermittently" during his fast, he had dreamt of the distressed farmers and "kept thinking of ways to solve their problems". "I won't sit in my office at Mantralaya (secretariat)". Mandsaur , the epicentre of the agitation, has remained relatively peaceful even as farmer protests have spilled over to new areas of Madhya Pradesh. [Full Article...]

Boeing lifts 20-year industry demand forecast to $6 trillion

Boeing lifts 20-year industry demand forecast to $6 trillion The £20 million investment facility will open in 2018 and will manufacture actuation components for Boeing's 737, 737 Max and 777 aircrafts. Boeing on Monday announced the biggest version of its 737 Max family, the Max 10. "This strengthens our ambition to satisfy our customers' demand for an aircraft they truly value due to its economics, operating efficiencies and high levels of in-cabin c... [Full Article...]


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