Tuesday, 20 February 2018
Latest news
Home » Markets

Markets

East Queensland storms: more wild weather as 50000 without power

perth_map

RACQ spokesperson Kirsty Clinton said more than 100 members had already submitted claims for damage (at 9.30am Monday) but she expected that number to rise. The man was in the shower when lightning struck nearby, and suffered leg pains when electrocuted, but was conscious and breathing. He was taken to hospital with non-life threatening injuries. Read More »

Kraft Heinz plunges after weak results boost pressure to do deal

perth_map

Ropes Wealth Advisors LLC boosted its position in shares of Kraft Heinz by 0.4% during the second quarter. The volume of the company in the last trading session was 3.49 Million. Revenue came in at $6.88 billion last quarter, while analysts had estimated $6.91 billion on average. During the same quarter last year, the business posted $0.08 EPS. Read More »

Nirav Modi's passport, bank accounts frozen

perth_map

Instead of explaining how it happened during their period, they are casting allegations. Nirav Modi has become the latest Indian scamster to escape from the country before he could be booked for his crimes. "If the investigation process says it is our liability, then we will accept it", PNB's managing director and chief executive officer Sunil Mehta said at a press conference on Thursday. Read More »

UPDATE: Dow, S&P 500 book slight gains, mark 6th straight advance

perth_map

Higher bond yields boosted bank shares, with JPMorgan Chase, Goldman Sachs and Bank of America all winning more than two per cent. The Dow Jones industrial average climbed 39 points, or 0.2 percent, to 25,242. The University of Michigan also released a report unexpectedly showing a significant improvement in consumer sentiment in the month of February. But even factoring these out, core inflation picked up from 0.2% in December to a higher-than expected 0.3% in January. Read More »

Angela Merkel says Germany 'deplores' Brexit

perth_map

Recently, German Government's spokesman, Steffen Seibert, referred to the importance of London's outline of its ideas on its future relationship with the EU. "However, if the priority in the negotiations becomes avoiding any kind of new co-operation with a country outside the European Union, then this political doctrine and ideology will have damaging real world consequences for the security of all our people, in the United Kingdom and the European Union", she will say. Read More »

Punjab National Bank shares slump for 3rd day, hit 52-week low

perth_map

Modi , who has been given six months to return the money, is under the scanner of Enforcement Directorate (ED) and CBI ever since his connection in PNB fraud case was revealed. The fraud amounts to almost a third of Punjab National Bank's (PNB) market value, and 50 times its profits for the last quarter of 2017. No wonder then that the Finance Ministry is insistent on structural reforms at public sector banks for more stringent approval of large loans, before it recapitalises them with ... Read More »

Sky retains bulk of £4.46bn Premier League TV rights

perth_map

Two packages of 20 games each (details below - Packages F and G) are still to be confirmed. BT Sport have paid £295m per season for 32 live games, with two 20-match packages still to be handed out - meaning 200 out of 380 games will be shown each season. Read More »

Former MLB pitcher Esteban Loaiza enters not guilty plea in drug case

perth_map

The 46-year-old retired Major League Baseball player is scheduled to appear in court in Chula Vista, California, on Wednesday. Sheriff's deputies seized the cocaine Friday at an Imperial Beach home Loaiza leased. It was not immediately known if Loaiza has hired a lawyer. Born in Tijuana, the Mexican city across the border from San Diego, Loaiza became a celebrity in his native country after marrying the late Mexican-American singer Jenni Rivera . Read More »

Federal government won't let BC delay Trans Mountain pipeline expansion

perth_map

This is much bigger than Alberta though - therefore much, much bigger than Strathcona County, which will benefit from the line build, as well. The Trans-Mountain Pipeline project has already received approval from the Justin Trudeau Liberal government, further frustrating Morris on the timing of Horgan's comments saying he planned to consult more about the project through BC and look at the possibility of putting a cap on the amount of bitumen the pipeline can carry to Vancouver via the Oil ... Read More »

Woman Doesn't Trust Security Staff With Purse So She Enters X-Ray Machine

perth_map

The security staff at the station were shocked to see the silhouette of a woman that they noticed on the X-ray screen, according to a DailyMail report. An obviously bewildered staff wasn't really clear on the valuables the bag contained that made the woman do something so unwonted, but the assumption is that it probably had a lot of cash, given out as a tradition in Chinese New Year. Read More »

Airline Cancels 220 Flights After Running Low on De-Icer

perth_map

Southwest Airlines resumed operations in Chicago on Monday after the day before. "We will continue to work with our customers on their travel plans and apologize for any inconvenience the disruption in service has caused". The Chicago Department of Aviation's website Sunday showed cancellations of all Southwest flights leaving Midway. The day after Christmas, the airline cancelled nearly 90 flights because of delays over de-icing aircraft. Read More »

Credit Suisse Rallies as Thiam Rides Return of Volatility

perth_map

Thiam on Wednesday cautioned that the violent swings of the past weeks had a negative impact on the advisory business, because clients prefer calmer market to issue stocks or bonds. Too much of it and clients could become averse to trading risks or hold off on new listings. Swiss banking giant Credit Suisse Group AG reported Wednesday that its net loss attributable to shareholders for the fourth quarter of 2017 narrowed to CHF2.13 billion or CHF0.83 per share from CHF2.62 billion or ... Read More »

GBP Rallies On Upbeat Inflation Data

perth_map

Pearce expects core inflation will reach almost 2.5 percent in the spring and keep rising. "Ind-Ra concurs with the RBI view that inflation outlook is clouded by several uncertainties on the upside which include fixing of minimum support prices (MSPs) for agricultural crop at 1.5x of production cost, increase in customs duty on a number of items, fiscal slippage etc", Mr Sinha added. Read More »

Freezing rain warning issued for Halifax by Environment Canada

perth_map

According to the full report, another round of snow will develop overnight, which will mix with ice pellets and accumulate 2-5 cm on Sunday morning before changing to freezing rain. The freezing rain will likely continue into the evening, with a total accumulation of a few millimetres possible. The agency warns that driving conditions could be hazardous and the weather conditions could contribute to transportation delays. Read More »

FireEye, Inc. (NASDAQ:FEYE) To Report Earnings

perth_map

Zacks Investment Research upgraded shares of FireEye (NASDAQ: FEYE ) from a sell rating to a hold rating in a research report sent to investors on Tuesday, January 16th. Net earnings for the quarter were posted at -$0.04 per share, whereas Wall Street had forecast -$0.07 per share. In other FireEye news, President Travis M. Read More »

Toyota Tacoma TRD Pro Unveiled at the Chicago Auto Show

perth_map

The new 2018 Tacoma TRD Pro will have a desert snorkel (which means it will be underwater in about five minutes after the first one ships) and Fox Internal Bypass shocks. This truck has Rigid Industries fog lights, LED headlights, and LED accent lights. The 4Runner TRD Pro has the least bypass zones out of all the custom suspension systems. Read More »

Markets Right Now: Dow plunges 1000 as market swoons again

perth_map

North American markets largely pushed higher Friday after a choppy session, capping off a tumultuous period that has seen Canada's main stock index drop more than five per cent since last week and eight per cent from its all-time high. Employers are hiring at a healthy pace, with unemployment at a 17-year low of 4.1 percent. Manufacturing is rebounding. Households and businesses are spending freely. Read More »

18 killed and dozens injured as bus topples over in Hong Kong

perth_map

Hong Kong's chief executive Carrie Lam said she was "deeply saddened", after visiting one of the 12 hospitals that were treating the injured. Rescuers cut open the top of the bus to save the passengers trapped inside. "And then it was like the tyres skidded, and the bus overturned". The injured have been rushed to hospitals, while the site of the accident has been cordoned off. Read More »

Dow drops 400 points as bond yields creep higher

perth_map

Analysts cited higher Treasury bond yields as the catalyst for the drop, coupled with the view that the market surged to unsustainably high levels in December and January in the euphoria over USA tax reform. Interested in Stock Market? "That is not to say that we won't see further falls in coming days, but in an environment where growth is good and earnings are expected to rise globally, there are decent underpinnings", said James Knightley, chief global economist at ING. Read More »

Brooklyn Pizza helps us celebrate National Pizza Day!

perth_map

Rewards members can receive 30 percent off their menu-priced pizza orders. You can stop into the well-known ice cream establishment and sample their new Sweetheart Polar Pizza Ice Cream , from 3 p.m.to 7 p.m.in participating locations . Read More »

Eurostar to begin direct services to Amsterdam

perth_map

With over 4 million passengers travelling by air every year between London and Amsterdam, the market is the same size as the London to Paris market at the time of Eurostar's launch of service in 1994. Our new route marks the culmination of the extensive investment in high speed rail on both sides of the Channel. Travel time from London to Rotterdam will be 3 hours, and to Amsterdam 3 hours and 40 minutes. Read More »

College student says airline made her flush prized hamster down toilet

perth_map

The college student said a Spirit Airlines employee suggested she let Pebbles free or flush it down the toilet. She told the Miami Herald: "She was scared". And, claiming she had no other options, Aldecosea says she did just that. Aldecosea's lawyer, Adam Goodman , sees the cases very differently however. Read More »

Black Lives Matter leader dies in New Orleans shooting

perth_map

Moye's family told SC news outlets he was Black Lives Matter organizer Muhiyidin d'Baha, whose legal name was Muhiyidin Elamin Moye. It remains unclear whether Moye was intentionally targeted, and the police did not answer questions about whether any suspect had been identified. Read More »

Ford redesigns the Transit Connect cargo minivan for Baby Boomers

perth_map

The Transit's design updates may prove too insignificant for most to notice, but what's not insignificant is the tech that Ford has packed inside the little wagon . The hyper utility and flexibility of the new Transit Connect could make it useful for anyone that needs something, well, flexible. Adaptive Cruise Control is an option and slows the vehicles when traffic is detected. Read More »

P&G closing Kansas City plant, shifting ops

perth_map

Officials say the [transfer of] additional production will be completed by 2020 and require an extra 200 full-time employees. That plant produces dishwashing detergents and related chemicals. Operations are to be transferred to West Virginia. P&G also will move chemicals production from Kansas City to a chemicals plant near its Cincinnati headquarters. Read More »

Rio Tinto declares $9.7b back to shareholders

perth_map

Currently, the 14-day ADX for Rio Tinto Ltd (RIO.AX) is 27.12. Analysts were similarly positive about Rio Tinto's final results. But Richard Knights, an analyst at Shore Capital Markets, warned Rio Tinto was "most exposed" miner to future weakness in the Chinese steel market, which, he said, is set to contract. Read More »

US Charges Dozens In Massive Cyberidentity Fraud Scheme

perth_map

The group, it is claimed, is responsible for somewhere between $530m and $2.2bn in losses, related to the compromise of 4.3 million credit cards, debit cards and bank accounts in all fifty USA states and beyond America's borders. After that, site co-founder Sergey Medvedev took over; Medvedev has since been apprehended. Medvedev is among those arrested, according to the justice department. Read More »