Markets

'Death Wish' coffee recalled over potentially-fatal botulism risk

'Death Wish' coffee recalled over potentially-fatal botulism risk A company that claims to make one of the strongest coffees in the world is recalling some of its products because they could pose a risk of serious illness. Death Wish coffee contains almost twice the recommended daily coffee intake for a person, Live Science reported. Its cold brew products contain less, with about 380 milligrams per can. [Full Article...]

Motorola's Moto X4 Combines Amazon Alexa With Project Fi Connectivity

Motorola's Moto X4 Combines Amazon Alexa With Project Fi Connectivity When bought unlocked, the G5S will work with all major U.S. carriers, including CDMA-based networks such as Verizon and Sprint - and that's a pretty rare occurrence at these price points. Google said this is part of the expansion of Android One to devices at more price points. The smartphone has powered by the 2.2GHz Qualcomm Snapdragon 630 octa-core SoC paired with Android 508 GPU a... [Full Article...]

Traders Eye Dollar, Fed Meeting

Traders Eye Dollar, Fed Meeting The Committee affirms that changing the target range for the federal funds rate is its primary means of adjusting the stance of monetary policy . Financial markets fell modestly immediately after the Fed announcement. "In all likelihood, gold will remain under some selling pressure into tomorrow's FOMC and will be particularly sensitive to moves on the USA yield curve", said Jeffrey Halley, ... [Full Article...]

Babcock International Group PLC 60.8% Potential Upside Indicated by JP Morgan Cazenove

Babcock International Group PLC 60.8% Potential Upside Indicated by JP Morgan Cazenove The LSE listed company saw a recent bid of 621.50 and 342121 shares have traded hands in the session. It has underperformed by 1.20% the S&P500. The Rfg Advisory Group Llc holds 6,519 shares with $276,000 value, down from 14,929 last quarter. [Full Article...]

Mercedes to invest $1B in Alabama for electric SUVs, add 600 jobs

Mercedes to invest $1B in Alabama for electric SUVs, add 600 jobs The automaker announced the expansion at its assembly plant in Vance, where it began production 20 years ago. Parent company Daimler has confirmed it plans to rollout 50 electrified models by the year 2022. It operates through Mercedes-Benz Cars, Daimler Trucks, Mercedes-Benz Vans, Daimler Buses, and Daimler Financial Services segments. The expansion will add capacity at the plant to produce fut... [Full Article...]

Gold slides below closely watched $1300 after Fed's rate-hike hint

Despite the economic effects of hurricanes Harvey and Irma, the Fed said the economy would not be adversely affected in the long-run. New economic projections released after the Fed's two-day policy meeting showed 11 of 16 officials see the "appropriate" level for the federal funds rate, the central bank's benchmark interest rate, to be in a range between 1.25 percent and 1.50 percent by... [Full Article...]

Bill Gates still doesn't like the Ctrl-Alt-Del function

Bill Gates still doesn't like the Ctrl-Alt-Del function He went on to observe that "A lot of machines nowadays do have that as a more obvious function". "Sure, if I can make one small edit, I'd make that a single-key operation", he added. Back then he said, "We could have had a single button ". Bill Gates is sorry that he made it so annoying to log in to your computer. This is something that IBM PC co-creator David Bradley once copped to, during... [Full Article...]

Trump owes the middle class fair tax reforms

Trump owes the middle class fair tax reforms House Republicans have planned a retreat away from the Capitol next week to discuss a tax overhaul that congressional leaders have been working on for months. Ryan said at a New York Times event on September 7 that the rate is likely to end up in the mid- to low-20s. The move also suggests Trump's vaunted plan to slash corporate and individual taxes, the age-old trickled-down secret sauce he ... [Full Article...]

World's richest woman Liliane Bettencourt dies aged 94

World's richest woman Liliane Bettencourt dies aged 94 Walmart heiress Alice Walton has become the world's richest woman following the death of Liliane Bettencourt , the heiress to the L'Oréal cosmetic company. The heiress and her daughter owned 33 percent of the company at the time of her death and Francoise said in her statement about her mother's death that the family "remain committed to L'Oreal and its management team". [Full Article...]

Greenpeace volunteers block Volkswagen cars entering the UK

Greenpeace volunteers block Volkswagen cars entering the UK Most have now left but two remain on site, holding several thousand vehicle keys, and will remain there until the ship returns to Germany, a spokesman said. Volkswagen Group sparked outrage in September 2015 when it was found to have fitted software created to cheat emissions tests to 11 million diesel vehicles worldwide, including nearly 1.2 million in the UK. [Full Article...]

Wall Street lower with pressure from Apple, rate expectations

Only two of the 11 major S&P sectors - financials and industrials - were higher, with gains of 0.2 percent and 0.3 percent. The S&P 500 telecommunications sector climbed 1.9% on Tuesday, among the biggest gainers in the broad index, after CNBC reported that T-Mobile and Sprint were in active talks about a merger. [Full Article...]

S&P lowers China's credit rating, citing rising financial risks

S&P Global Ratings cut China's long-term sovereign credit ratings Thursday by one level, the first such downgrade since 1999, based mainly on its "unsustainable" debt growth, which has increased its economic and financial risks. Beijing has been clamping down on bank lending and property purchases, but those efforts are complicated by the government's determination to meet its full-year growth tar... [Full Article...]

Up-to-date Analyst's Assessments: International Game Technology PLC (IGT), Lam Research Corporation (LRCX)

Equities research analysts forecast that International Game Technology will post $1.20 EPS for the current year. The original version of this news story can be viewed at https://www.equitiesfocus.com/2017/09/20/international-game-technology-igt-upgraded-at-bank-of-america-corporation.html. [Full Article...]

EU's Guy Verhofstadt to make address in Dáil on Brexit

EU's Guy Verhofstadt to make address in Dáil on Brexit He said people needed to exhibit an "understanding that identities are multi-layered and complex and that identities should bring people together not divide them". The proposal would mean European migrants would still be able to settle freely in the United Kingdom - and would tear the country apart with new border checks between Northern Ireland and the rest of Britain. [Full Article...]

Bongino on 'Dreamers' Confronting Pelosi: 'A Dumb Strategy All Around'

Bongino on 'Dreamers' Confronting Pelosi: 'A Dumb Strategy All Around' We don't owe you nothing. "That image is bad for those who seek amnesty for millions and millions of people who are living here and oftentimes working here illegally". "I mean, this is the problem with not enforcing the rule of law". He gets off the plane in Florida and says there is no deal without the wall, because without the wall you have done nothing. [Full Article...]

Wall Street edges higher; US Fed meeting in focus

Meanwhile the S&P 500 index ended up adding 2.78 points or 0.11 percent to 2,506.65 points, and the Nasdaq composite rose 6.68 points or 0.10 percent to close at 6,461.32 points. However, technology stocks lagged behind, limiting gains for the Nasdaq Composite Index . The sector has risen in seven of the last eight sessions, clocking a 6 percent rise in that time. [Full Article...]

FOMC Preview Dot Plot and Balance Sheet in Focus

FOMC Preview Dot Plot and Balance Sheet in Focus The S&P's financial sector ended 0.6 per cent higher as banks benefit from higher rates. The Fed stuck to its rate hike projections for another increase this year and three more in 2018, and said it will start dialling back its US$4.5 trillion stockpile of assets in what's reported to be a decade-long programme trimming the balance sheet by US$10 billion a month. [Full Article...]

Futures flat as investors focus on Fed meeting

Forecasters expect the Federal Reserve to leave interest rates unchanged and stick to plans to raise rates in December, Associated Press reported. "Job gains have remained solid in recent months, and the unemployment rate has stayed low", the Fed said . [Full Article...]

Shareholder Amalgamated Bank Boosted Home Depot INC (HD) Position

The company's previous year sales total was 23.15 Million. The stock increased 0.65% or $1.02 during the last trading session, reaching $158.68. Home Depot, Inc. After $1.71 actual EPS reported by Broadridge Financial Solutions, Inc. for the previous quarter, Wall Street now forecasts -76.61% negative EPS growth. [Full Article...]

U.S. stocks turn lower after Fed decision

In the bond market, treasuries moved modestly lower ahead of tomorrow's announcement by the Fed . "It could hurt financials and the overall market might not like the uncertainty", he added. Shares in Northrop rose $8.94, or 3.3 percent, to $275.97. On Thursday, the Bank of Japan will also hold a regular policy meeting, and is widely expected to maintain the status quo as inflation remains stubb... [Full Article...]


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