Wednesday, 16 January 2019
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Myanmar journalist says she was sacked over story on military rape allegations


Also on Friday, Myanmar officials said a police officer was killed and one wounded in an assault on a guard post in northwestern Rakhine State, in the latest violence in the area. Speaking during a trip to Japan, the Nobel Prize victor said the government had "not tried to hide" claims of abuse by the military and pledged a thorough investigation according to the law. Read More »

S&P 500 declines for 9th straight day

The index is riding an eight-session losing streak, its longest since 2008, and is in jeopardy of falling for a ninth day - a streak of futility that last occurred in December 1980, according to Howard Silverblatt, senior index analyst at S&P Dow Jones Indices. Read More »

BOE ditches dovish stance as GBP flies high


But it warned that Britain's access to European Union markets in the future could be "materially reduced", which would hurt growth over "a protracted period", and forecast a slower recovery for 2018 and 2019. Bank of England Gov. Mark Carney described the court decision as an example of the ups and downs to come over Brexit and said the bank's forecasts take many factors into account. Read More »

Sterling rises on BoE rates statement


The Bank's Monetary Policy Committee voted unanimously in favour of keeping rates at 0.25%, but warned that tough times were still ahead with lagging growth and an expected jump in inflation to 2.7% next year. However, the economic outlook is stronger than it was three months ago, which is promising for jobseekers. The Bank does not expect inflation to return to its 2% target until 2020. Read More »

BoE's Carney says won't rethink decision to leave in 2019


The bank said it now expected a record overshoot of inflation above its target over the next two to three years, peaking above 2.8 percent in early 2018, because of sterling's recent fall to a 31-year low against the USA dollar. Carney also noted the bank's concern with rising inflation, which if left unchecked could have profound effects on living standards and even prompt the Bank of England to reverse course and start raising interest rates. Read More »

BoE's Carney says won't rethink decision to leave in 2019


The bank said it now expected a record overshoot of inflation above its target over the next two to three years, peaking above 2.8 percent in early 2018, because of sterling's recent fall to a 31-year low against the USA dollar. Carney also noted the bank's concern with rising inflation, which if left unchecked could have profound effects on living standards and even prompt the Bank of England to reverse course and start raising interest rates. Read More »

Brexit divergence puts Bank of England in a bind


The bank also published an analysis of the impact of the weaker pound on exports. "Forecasts for how Brexit is likely to affect growth in the long term are even more speculative and uncertain". However, it noted a big rise in market inflation expectations and said it would monitor this closely. Officials also warned that there are limits to how far they will tolerate price-growth in excess of their 2% target, signaling that they may be prepared to raise borrowing costs if the pound's steep ... Read More »

Samsung, After Phone Recall, Recalls 3M Washing Machines


FILE - In this October 5, 2016 file photo, the corporate logo of Samsung Electronics seen at its shop in Seoul, South Korea. Now it's had to recall about 2.8m top-load washing machines in the U.S., following reports of injuries. ET or visit and click on the recall notice at the top of the page. "After recent incidents and in consideration of our consumers safety, Samsung Electronics has stopped sales, exchanges and production of the Galaxy Note 7", the company had said. Read More »

Large crowd expected at World Series parade in Chicago

Center fielder Dexter Fowler had a cigar as the team headed toward the rally that some fans have called the "celebration of a century". Fans gather at Chicago's Grant Park ahead of a rally honoring the World Series champion Chicago Cubs on Friday. Read More »

Investors Clear Out Ahead Of Election Cliffhanger


Republican nominee Donald Trump showed strength in Iowa and OH pre-Election Day voting, while Clinton's advantage in early balloting looked favourable in North Carolina and Nevada, according to a Bloomberg Politics analysis. Hong Kong's Hang Seng gave up earlier gains to fall 0.2 percent to 22,642.62. While forecasts predict the earnings recession is set to end this quarter as most S&P 500 companies that have reported thus far have beaten estimates, the good news for corporate profits ... Read More »

Discovery's Q3 Profit Falls $50 Million on Lionsgate Investment


However, as a counter to these strengths, we also find weaknesses including weak operating cash flow, a generally disappointing performance in the stock itself and generally higher debt management risk. Several research analysts recently weighed in on DISCA shares. Discovery Communications Inc . (Discovery) is a media company. The company now has a consensus rating of "Hold" and an average target price of $29.90. Read More »

What to Expect From Starbucks Earnings


Piper Jaffray Cos. reiterated an outperform rating and issued a $72.00 price objective on shares of Starbucks a research report on Friday, July 22nd. purchased a new stake in Starbucks Corp. during the second quarter worth about $107,000. CSX Corp. (NASDAQ:CSX)'s earnings per share has been growing at a 8.1 percent rate over the past 5 year when average revenue increase was noted as 2.1 percent. Read More »

B. Riley Equities Analysts Reduce Earnings Estimates for Newell Rubbermaid Inc. (NWL)


State Street Corp raised its stake in Newell Rubbermaid by 62.7% in the second quarter. (NYSE:NWL) implies that investors are highly hopeful for the organization to create more value from the given set of assets. Newell Brands had a return on equity of 14.92% and a net margin of 3.51%. ( NYSE: NWL ) have ranged from $33.26 - 55.45, and the stock now has a 50-day MA of $51.65 and 200-day MA of $49.94. Read More »

Fears power prices to rise as coal-fired power stations close


Mr Keisser said it would be good if "some of the younger people" at Hazelwood could be redeployed to the Loy Yang B power station near Traralgon, which Engie also owns. EnergyAustralia's Yallourn brown coal plant could be next in line for closure as more renewable hits the market under federal and state targets. "We're not anxious about a security issue in Victoria, but we're wary about what it will do with prices", said Andrew Richards, chief executive of the Energy Users Association of ... Read More »

Gawker Media Announces Settlement With Hulk Hogan

Hogan - whose real name is Terry Bollea - had been awarded $140 million by a Florida court for invasion of privacy over publication of the video showing him having sex with a friend's wife. Settlement documents filed at a NY federal bankruptcy court stipulate that Hogan, whose given name is Terry Bollea, will get $31 million plus share with other creditors 45 percent of any additional funds that come into the bankruptcy court by virtue of third-party claims brought by Gawker . Read More »

Baylor Sexual Assault Investigation Reveals Widespread Misconduct


Crawford said in an interview with 60 Minutes Sports on Tuesday that a Baylor Vice President said some women making sexual assault accusations were mentally ill. The private Baptist university prohibits alcohol and premarital sex in the student code of conduct. At this point, Baylor's approach to sexual assault was disturbing at best. Read More »

Stock futures flat as election race tightens

Interestingly, this would make for the first time the large-cap index has closed lower in seven consecutive sessions since 2011, according to a CNBC analysis of FactSet data. Spending on construction unexpectedly fell in September that could lead to a mild downward revision to the third-quarter economic growth estimate. Oil has lost 10 percent in the last two weeks. Read More »

Comcast Corporation (NASDAQ:CMCSA)


The company pays a US$0.275-cent-per-share quarterly dividend, giving it a 1.79% yield. The Average Volume Traded by the company in the last trading session is at 8.48 Million. Comcast Corporation (NASDAQ: CMCSA ) has the market capitalization of 149.24 Billion. A number of other institutional investors have also added to or reduced their stakes in CMCSA . Read More »

Bill Murray gives fan ticket to Game 6 of World Series

My first thought is the story seems somewhat unusual. Both are noted fans of the Cubs, who are now competing in the MLB World Series. So Murray grabbed the fan by the arm and told her that she was sitting with him. "He said his brother and his father". A Bill Murray story wouldn't be complete without him doing something unexpected -so here's a picture of him at the World Series wearing a magazine as a scarf. Read More »

Time Warner's Q3 Results Push Stock Higher


The company had earlier projected adjusted earnings per share of $5.35 to $5.45. Gabelli Funds LLC's holdings in Time Warner were worth $91,697,000 as of its most recent SEC filing. 6,668,938 shares of the company's stock were exchanged. Following this, the stock added 1.42 percent to $89.50 in the pre-market session. Analysts are projecting that Time Warner Inc . Read More »

Tesla obliged to pay $1.7 billion to Panasonic for gigafactory cells

Previously on Thursday October 27, 2016, RBC Capital Markets reported about Tesla Motors Inc (NASDAQ:TSLA) raised the target price from $210.00 to $220.00. Tesla Motors's quarterly revenue was up 145.3% compared to the same quarter past year. During the same quarter a year ago, the firm earned ($0.58) EPS. Read More »

José Mourinho charged with misconduct by English FA

The Portuguese's anger against Burnley is thought to have been prompted by Clattenburg's decision not to award a penalty for a Jon Flanagan trip on Matteo Darmian . Should he fail in appealing the charge, he could be given a two-match ban. United finished at Old Trafford with 10 men after midfielder Ander Herrera was sent off in a result that added to the growing pressure on Mourinho, with the Red Devils without a win in four league games and eight points behind the leaders. Read More »

Juniper Networks Inc. (JNPR) Downgraded by Morgan Stanley to "Underweight"


Therefore, Juniper Networks , a large market cap stock. 25 given rating as a HOLD rating.0 reported as SELL recommendation and 0 issued UNDERWEIGHT rating. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website . The shares were sold at an average price of $23.43, for a total value of $234,300.00. Read More »

Analyst Research Roundup: Verizon Communications Inc. (NYSE:VZ), Chevron Corporation (NYSE:CVX)

HSBC reaffirmed a "buy" rating and issued a $120.00 target price on shares of Chevron a research report on Sunday, October 16th. Exane Derivatives raised its position in shares of Chevron 57.3% in the first quarter. Worldwide net oil-equivalent production was 2.51 million barrels per day in third quarter 2016, compared with 2.54 million barrels per day from a year ago. Read More »

Carney's departure decision won't end BoE independence debate

In a letter sent to Chancellor Philip Hammond following a two-hour meeting with Prime Minister Theresa May yesterday, Carney said the move "recognised the importance to the country of continuity" during Brexit negotiations and that he wanted to "contribute to securing an orderly transition to the UK's new relationship with Europe". Read More »

Starbucks rolls out 'unity' cup ahead of Election Day


What's more, Business Insider reports that Starbucks might also roll out two more holiday cup designs this year. On Twitter , reactions to new green vessel were mixed, ranging from pleased to perplexed to disapproving. Remember how outraged people were previous year? The packages are labelled " No peeking until November 10 ", signifying the launch date of the cups in stores everywhere. Read More »

Nation observes Rashtriya Ekta Diwas on birth anniversary of Sardar Vallabhbhai Patel


Mr Khattar recalled the contribution of Sardar Patel in the merger of princely states with the Indian Union and added that all the states had consented their merger with Indian Union except three Hyderabad, Junagadh and Jammu and Kashmir. Mr J P Singh, Director (Technical /Operations), Mr K K Parida, Director (Finance), Mr L N Mishra, Director (Personnel), Mr Munawar Khursheed, IRPF, CVO and Mr O P Singh Director (Technical/Projects & Planning) were prominent among respresentatives of trade ... Read More »

There's nothing normal about Elon Musk's solar roofs


Shareholders are expected to vote on the deal on November 17. As an exhibition, Tesla created model houses mounted with the Powerwall product on the wall and as well as a number of the new Tesla Solar Roof Tiles . The glass tiles are embedded with solar cells. Tesla and SolarCity will start installing the panels - which come in four different styles of glass tiles: textured, slate, Tuscan and smooth - next summer. Read More »

Zimmer Plunges On Lowered Full-Year Forecast, Weak Q3 Sales


Starbucks Corporation (NASDAQ:SBUX) shares now have a mean rating of 1.70 while 12 analysts have recommended the shares as "BUY", 14 commented as "OUTPERFORM" and 5 commented as "HOLD". (NYSE: ZBH ) now has a Mean Price Target of $140.85. Shares registered one year high at $133.21 and the one year low of $87.72. At the stock's average trading volume, it would take almost three weeks to buy back these bearish bets. Read More »