Markets

China may halt purchases of US Treasuries

China may halt purchases of US Treasuries The 10-year Treasury yield was about four basis points higher at 2.59 percent as of 8:48 a.m.in NY. The U.S. dollar also fell vs. most currencies and gold increased. China's central bank amasses dollars when the country turns a large trade surplus with countries such as the US and when Chinese authorities manipulate their currency by selling it and buying dollars . [Full Article...]

Piedmont Office Realty Trust (PDM): Zooming in on the Technicals

Piedmont Office Realty Trust (PDM): Zooming in on the Technicals It has outperformed by 5.24% the S&P500. Accern also gave news headlines about the real estate investment trust an impact score of 48.1099902756784 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the next several days. [Full Article...]

Jain, Abel appointments a move toward succession at Berkshire Hathaway: Warren Buffett

Jain, Abel appointments a move toward succession at Berkshire Hathaway: Warren Buffett The cherry Coke drinking chief of Berkshire Hathaway said cryptocurrencies "will come to a bad ending" speaking in an interview with CNBC on Wednesday. of Omaha. He has served as chairman of the subsidiary since 2011, and CEO since 2008. Berkshire Hathaway Inc .'s Board of Directors voted yesterday to increase the number of directors on the company Board from twelve to fourteen. [Full Article...]

Tesla starts solar roof tile production in Buffalo

Tesla starts solar roof tile production in Buffalo What's more, the fact of Tesla Gigafactory 2 undertaking the production of the Solar Roofs affirms the highly efficient and speedy rollout of the photovoltaic tiles, even matching up very well to Elon Musk's expectations. The glass solar roof tiles were being manufactured in Tesla's Fremont factory at the time, a facility that is, while capable, unable to produce tiles on the same pace and sca... [Full Article...]

Toyota, Mazda to build $1.6 billion plant in Alabama

Toyota, Mazda to build $1.6 billion plant in Alabama In recent months, the companies had confirmed that they deciding between whether or not to build the plant in North Carolina or Alabama. An official announcement is expected to be made Wednesday afternoon in Montgomery. With the investment, both automakers hope to prove their good American corporate citizenship and appease the Trump administration's concerns about jobs moving overseas. [Full Article...]

Former Google engineer fired over gender memo sues for discrimination

Former Google engineer fired over gender memo sues for discrimination Damore is alleging that conservative white men are discriminated against at Google and that his firing was retribution against him for his political views. In August, Google employee James Damore published a 3300-word "manifesto" about women in tech , suggesting they are underrepresented due to being psychologically and biologically less capable, rather than for legitimate reasons such as discrim... [Full Article...]

Sainsbury's grocery sales held back by weaker Christmas at Argos

Sainsbury's grocery sales held back by weaker Christmas at Argos Grocery sales rose 2.3% year-on-year, with Groceries Online rising 8.2% and Convenience sales up 7.3%. The company also said it expects earnings before interest, tax, depreciation, and amortisation synergies to be ahead of expectations, one of the reasons for the profit upgrade. [Full Article...]

Possible JFK airport delays after water pipe break from cold

Possible JFK airport delays after water pipe break from cold Brigida Downing, whose son was scheduled to fly from JFK on 4 January, told The Independent: "My son was meant to fly home from JFK airport NY with Norwegian airlines". "We were on the plane for a good 20 hours", Michelle Lopez told CBS 2. "We intend to identify what went wrong, why it went wrong, where there were failures of communication and coordination, and we intend to fix it", said Cot... [Full Article...]

Govt to review FDI policy today ahead of Davos meet

Govt to review FDI policy today ahead of Davos meet The measures, the government said, were meant to "liberalise and simplify the FDI policy so as to provide ease of doing business in the country". It also allowed investment up to 49 per cent under approval mechanism in Air India to facilitate its divestment process. [Full Article...]

Cypress Capital Management LLC Increases Position in Cisco Systems INC (CSCO)

Given that its average daily volume over the 30 days has been 19.39 million shares a day, this signifies a pretty significant change over the norm. The Williams Companies, Inc. $7.59M worth of stock was sold by BARTZ CAROL on Thursday, December 14. RBC Capital Markets maintained Cisco Systems, Inc. In other news, SVP Rebecca Jacoby sold 75,021 shares of the business's stock in a transaction date... [Full Article...]

Fed's Harker pushes for under two price hikes in 2018

Fed's Harker pushes for under two price hikes in 2018 President Donald Trump signed the tax bill into law on December 22. He anxious about the "issue of credibility" that has resulted from persistently below-target inflation, which makes it look "like the central bank is not committed to its goals". [Full Article...]

Cruise ship gets caught in middle of winter storm

Cruise ship gets caught in middle of winter storm Last week's brutal winter storm battered the East Coast, but imagine riding it out on a cruise ship in the Atlantic Ocean. Passenger Karoline Ross told CBS it was "one of the scariest moments" of her life. In a statement, Norwegian Cruise Line said their boat had "encountered stronger than forecasted weather conditions" due to winter storm Grayson . Some guests were not feeling safe in thei... [Full Article...]

World Bank projects India's growth rate at 7.3% in 2018

World Bank projects India's growth rate at 7.3% in 2018 The world economy probably expanded 3 percent past year, which would be the fastest pace since 2011. The World Bank estimated a slower growth of 6.7% in Gross Domestic Product during the 2017-'18 financial year, which it said was "due in part to the effects of the introduction of the Goods and Services Tax". [Full Article...]

$2.54 Billion in Sales Expected for Activision Blizzard, Inc. (ATVI) This Quarter

About 62,406 shares traded. Systematic Financial Mgmt Lp, New Jersey-based fund reported 21,159 shares. Ardevora Asset Management Llp who had been investing in Activision Blizzard Inc for a number of months, seems to be less bullish one the $50.18 billion market cap company. [Full Article...]

Karnataka girls 'warned' on ties with men of other faiths

Karnataka girls 'warned' on ties with men of other faiths On January 6, blaming moral policing, a 20-year-old woman hanged herself in Chikmagalur. In the messages, the woman is advised not to get "involved" with a man from another faith to which she replies: "But I love Muslims". "Upset over the development, she committed suicide". The victim identified as Dhanyashree. Chikkamagaluru Superintendent of Police K Annamalai told The Hindu that the a... [Full Article...]

Germany Tops Travel Freedom Rating in 2018, Research Shows

Germany Tops Travel Freedom Rating in 2018, Research Shows The Henley Passport Index is a ranking of all the passports of the world according to the number of countries their holders can travel to visa-free. German passport. Photo: Wikimedia Commons. China, Sierra Leone, Guinea, the Dominican Republic, and Indonesia also performed strongly this year, each gaining seven or more places compared to 2017. [Full Article...]

Fisker's sexy EMotion EV debuts at CES 2018

Fisker's sexy EMotion EV debuts at CES 2018 Range is said to be more than 400 miles, although we're not sure which battery that refers to. Fisker has not announced the specs besides the 400 mile range and that the EMotion can reach a top speed of 161 miles per hour. It's very luxurious, combining the comfort of leather with the convenience of modern infotainment technology. Inside an iPad like screen is sits in the middle of the center co... [Full Article...]

Marathon Petroleum Corporation (MPC), Chico's FAS Inc. (CHS)

Marathon Petroleum Corporation (MPC), Chico's FAS Inc. (CHS) Xilinx, Inc. (XLNX) has risen 52.08% since January 9, 2017 and is uptrending. It has outperformed by 3.98% the S&P500. The company has market cap of $18.73 billion. Since September 14, 2017, it had 0 insider buys, and 5 insider sales for $7.73 million activity. Creative Planning sold 130,175 shares as Marathon Oil Corp (MRO)'s stock declined 10.47%. [Full Article...]

Ford F-150 Diesel Is Actually Good On Gas

Ford F-150 Diesel Is Actually Good On Gas Ford said it was confident its diesel engines would comply with emissions standards. It's been a not-so-secret secret that Ford's been angling to shove a diesel engine into the latest generation of F-150 pickup . But buyers appreciate knowing the all-new diesel delivers the best towing and payload while burning less fuel. Adding the diesel option gives F-150 buyers six choices of engine, a... [Full Article...]

Schuette silent on Trump marijuana crackdown

Schuette silent on Trump marijuana crackdown Maine's top federal prosecutor said Tuesday that his office would focus on prosecuting traffickers of "hard drugs", not marijuana users. It's not even clear whether his views hew to those of his boss, President Donald Trump, who in a July 2016 interview said that, if elected, he would not advocate a federal crackdown on states that had legalized recreational marijuana sales. [Full Article...]


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