Wednesday, 26 July 2017
Latest news
Home » Markets

Markets

BA says strike will not cause disruption

British Airways maintains that its pay rates are competitive with the rest of the industry and says it is "available for further dialogue" with the union. Mixed fleet personnel are employed as crew on both long- and short-haul services. BA insisted it was business as usual for bookings and called on the Unite union to call off the strikes, as it had previously ahead of a proposed 48-hour stoppage over Christmas Day and Boxing Day. Read More »

SeaWorld's Tilikum whale has died

Tilikum killed trainer Dawn Brancheau in 2010. SeaWorld faced two losses this week in what was once the amusement park's biggest draw: the death of Tilikum , the orca that featured prominently in the documentary 'Blackfish, ' and weekend's final Shamu show at the company's San Diego park. Read More »

Staples to stop selling U.S. Postal Service supplies

A Grand Alliance, the coalition of hundreds of national and local groups at the forefront of the struggle against privatization of the post office has maintained that the Staples Approved Shipper deal would lead to the closing of post offices and "undermined the right of postal customers to have services performed by trained and accountable public servants committed to the privacy and sanctity of the mail". Read More »

United States wins gold medal after thrilling game ends in a shootout

Sudden death and a shootout was needed to decide the victor of the 2017 World Juniors, and the United States came away with the gold after Troy Terry's game victor and Tyler Parsons came up with the game winning save. Congratulations to the Eagles and to all of the American players for bringing home gold! On the power play, Thompson fed the puck to Fox at the point, his shot was deflected into the net by Bellows to tie the game. Read More »

Kohl's Slashes 2016 Guidance on Volatile Holiday Sales

perth_map

In a analysts note issued on Thursday morning, analysts at Telsey Advisory Group's equity division lowered Kohl's Corporation (NYSE:KSS)'s stock from a "Outperform" to "Market Perform". This year company's Earnings per Share (EPS) growth is -4.20% and next year's estimated EPS growth is 6.89%. KSS quarterly performance is 21.02% while firm's price to sale ratio is 0.49 and price to book ratio is 1.80. Read More »

Southwest Airlines leaving Akron-Canton Airport in June

perth_map

On the United States west coast, Southwest is boosting service from San Diego with two new routes (San Diego-Boise, Idaho and San Diego-Salt Lake City, Utah) and three seasonal routes (San Diego-Newark; San Diego-Spokane, Washington; and San Diego-Indianapolis, Indiana). Read More »

Snapchat sued in LA by ex-employee who alleges investors were misled

perth_map

Pompliano's termination was so potentially damaging to Snapchat's planned IPO, terminating him wasn't enough to ensure the public was kept in the dark", writes Michaels. Pompliano filed additional claims against Snap in arbitration, as mandated by his employment agreement with the company, but is suing in court in hopes of persuading a judge to order Snap to stop lying about the nature of his termination. Read More »

Stocks rise, bonds erase drop on Fed minutes

perth_map

USA short-term interest rate futures rose slightly after the release of the minutes but not enough to suggest altered expectations for the central bank's rate hike path this year. Fed Chairwoman Janet L. Yellen echoed those concerns in a news conference after the December meeting, saying she and her colleagues "are operating under a cloud of uncertainty at the moment" regarding new fiscal policies. Read More »

This Is What A $632000 Tuna Fish Looks Like

perth_map

In what could be the last New Year's auction at Tokyo's famed Tsukiji fish market, the owner of the Sushizanmai restaurant chain on Thursday paid top price for a single fish, forking over more than $600,000 for a Pacific bluefin tuna. According to the International Scientific Committee for Tuna and Tuna-Like Species in the North Pacific Ocean (ISC) who assessed the stock in 2011 and 2014, Pacific bluefin tuna populations are at 4% what they would be if fishing had never occurred. Read More »

Indonesia halts military co-operation with Australia

perth_map

The insult allegedly occurred when an officer from the Indonesian Army's special forces trained with Australian military officers at an event in Perth in November previous year. The offices of Australian Prime Minister Malcolm Turnbull and Foreign Minister Julie Bishop declined to comment. 'Australia is committed to building a strong Defence relationship with Indonesia, including through cooperation in training, ' she said. Read More »

Xerox and Conduent split, begin trading separately

Brean Capital reaffirmed a "hold" rating on shares of Xerox Corporation in a report on Monday, October 31st. The price-earnings ratio (P/E Ratio) is the ratio for valuing a company that measures its current share price relative to its per-share earnings. Read More »

Uber's New Year's surge pricing peaks at Midnight

perth_map

If you know you will be drinking on New Year's Eve it is your responsibility to find a ride ahead of time. Some people have already stated that they see 2017 becoming one of the "best of the best" years the world has ever seen - from technology to business to education to even "going greener" - heck, green has even been chosen as the top color of 2017. Read More »

French workers given 'right to disconnect' from smartphones outside office hours

perth_map

The measure is meant to tackle the so-called "always-on" work culture that sees millions of employees effectively take their work home with them, leading to burnout and more serious mental health issues. According to AFP, several large companies including Areva and Axa have already limited out-of-hours emails, sometimes cutting off email access on evenings and weekends. Read More »

Coalition strike near Iraq hospital may have killed civilians

Now the second step, this morning, begins", said Maj. The fighting in the Quds neighborhood came a day after Iraqi forces broke a two-week lull in fighting to stage a multi-pronged offensive in eastern Mosul east of the Tigris River. "The enemy is now isolated inside the left (eastern) bank of Mosul", Yahia Rassol, a military spokesman, said on state TV. Eyewitnesses in Mosul said they heard tens of missiles and airstrikes launched on terrorist positions inside the city. Read More »

Dow Jones, S&P, Nasdaq Close Lower Amid New Russia Sanctions

perth_map

The S&P 500 is on track to close with a gain of 10.1% for the year, which would mark the sixth double-digit percentage gain in the last decade. "There has been a lot of discussion on this subject (...) the market is waiting to know how much it will represent", continued Nicholas Colas of Convergex, pointing out that these adjustments were generally more pronounced at the end of the quarter and at the end Year. Read More »

Chipmaker Nvidia's stock said to drop after new year

perth_map

Shares of graphics chipmaker Nvidia Corp. fell the most in nearly month after an investment newsletter run by activist short seller Andrew Left said the stock "belongs at $90". Nvidia Corp. The firm earned $2 billion during the quarter, compared to analyst estimates of $1.69 billion. NVIDIA Corporation had a net margin of 19.52% and a return on equity of 26.82%. Read More »

Azealia Banks Confesses to Sacrificing Chickens in Her Home

perth_map

Like most years in her brief career, Azealia Banks has had one hell of a newsmaking run in 2016. She then tells her followers that she's cleaning out her bedroom where she has been sacrificing chickens for three years. A third added: "Yeah azealia banks is a weirdo". "I got my sandblaster, my goggles". Take a look at the full list (below)! She also accused actor Russell Crowe of spitting on her, calling her derogatory names and carrying her out of his hotel suite in Beverly Hills ... Read More »

Japan's defense minister visits controversial war shrine after Pearl Harbor trip

perth_map

The timing of the visit is likely to prove highly contentious coming so soon after Abe's pilgrimage with President Barack Obama to the site of Japan's December 7, 1941 attack on a United States navy base in Hawaii that drew the U.S. Anger toward Japan runs deep in both countries, where many feel that Japan has not fully atoned for their brutal behavior during World War II. Noting that Japan waged a war of aggression against China and other Asian countries, Chinese Foreign Ministry ... Read More »

Jaitley says hard days over, nation on the go

perth_map

He further stated that large benefits of the move are visible and what is in banks is identifiable. Jaitley thanked the people of the country for making the notes ban a success and mentioned that remonetisation has substantially advanced with 'not even a single incident of unrest was reported'. Read More »

How major USA stock market indexes fared on Tuesday

perth_map

The Nasdaq Composite was up 38.74 points, or 0.71 per cent, at 5,501.43, easing from its record intraday high of 5,512.36. On Tuesday, the Dow DJIA, +0.06% gained 0.1% to end at 19,945 after trading within 20 points of 20,000, while the S&P 500 SPX, +0.22% added 0.2% and the Nasdaq Composite COMP, +0.45% tacked on 0.5%. Read More »

Takata could pay up to $1 billion to settle United States criminal probe

There are 46 million recalled Takata airbag inflators in 29 million vehicles in the United States alone, according to the Department of Transportation. The NHTSA enacted a wide-ranging recall that gave priority to the most at-risk vehicles to receive replacement inflators, some of which were determined to have rupture rates of 50 percent. Read More »

OPEC effect: Brent crude passes $55

Non-OPEC oil producers such as Azerbaijan, Bahrain, Brunei, Equatorial Guinea, Kazakhstan, Malaysia, Mexico, Oman , Russia , Sudan, and South Sudan agreed to reduce output by 558,000 barrels per day starting from January 1, 2017 for six months, extendable for another six months, to take into account prevailing market conditions and prospects. Read More »

U.S. Indicts 3 Chinese Citizens For Hacking Law Firms

All three were also charged by the SEC, the first time the agency has charged individuals for hacking into a law firm's computer network. USA authorities reportedly claim that the suspected hackers compromised the unnamed law firms' networks and servers by deploying malware and accessed classified information pertaining to various acquisition deals. Read More »

Yoga Instructor Who Disappeared on Christmas Found Dead: Family

perth_map

The time she died is unclear, Newsham said . Taking on multiple female roles, actress Tricia McCauley varies her performance throughout the production until she lands in her final character of Reidun. CBS reports that he allegedly robbed a CVS and assaulted the store's employees, which led police to McCauley's vehicle. He began filling a basket with soap and then became confrontational when a manager asked if he needed help. Read More »

LeBron James Named 2016 AP Male Athlete of the Year

Since the start of the 2014-15 season, the Cavs are just 4-17 without James in the lineup. The Cavaliers had their five-game winning streak snapped on a night they never led. Nikola Vucevic had 13 points and nine rebounds, and Jodie Meeks also had 13 points, all in the first quarter. Leuer was still coming off the bench when he led Detroit with 15 points - the only Piston to notch double-figures - in Cleveland's 104-81 win at The Q on November 18. Read More »