Tuesday, 26 March 2019
Latest news
Home » Markets


Trump's evolving immigration plan compared to Clinton, Obama


One of the things people constantly miss about Trump is that he takes very strong positions about things like law enforcement and worldwide deals because he understands the need to go into any situation in a position of strength. "What people don't know is that Obama got tremendous numbers of people out of the country". Trump has confronted his steep path in the last week, asking minorities, "Give Trump a chance!" Mrs. Read More »

Pentagon: Exclusion zone in Syria is not a 'no fly zone'


A statement distributed to journalists by an YPG official said the agreement included "a ceasefire and the withdrawal of all armed forces from the city". Kurdisfighters move to a secured point in the contested zone in Kobani, Syria. Rebel sources say they have been mobilising in Turkey, ready to cross into Jarablus. Read More »

Tesla Motors Inc CEO Elon Musk Finances SolarCity Corp Debt

Elon Musk, chairman of SolarCity and CEO of Tesla Motors , speaks at SolarCity's Inside Energy Summit in Manhattan, New York October 2, 2015. Tesla shares rose about 20% over the month before the announcement that the company was unveiling storage systems or batteries for homes, companies and utilities and expanding beyond electric vehicles. Read More »

Investors Cheer J M Smucker Q1 Earnings, Outlook

For the reporting quarter, equity analysts expect the stock to deliver $1.74 in earnings per share (EPS). The company reported $1.86 EPS for the quarter, beating the Zacks' consensus estimate of $1.74 by $0.12. The company has a market cap of $18.22 billion. During last 5 trades the stock sticks nearly -5.09%. J.M. Smucker Company (The) P/E (price to earnings ) ratio is 24.91 and Forward P/E ratio of 17.32. Read More »

Asian shares slip, dollar stands tall on Fed hike bets


India's Sensex lost 0.1 percent to 28,036.76 and Taiwan also declined. Spot gold fell as much as 1.5% to a session low of $1,337.37 per ounce, paring losses by 2:57 pm EDT (1857 GMT) when it was down 0.7% at $1,342.62. Technology and materials companies made small gains. Economists said the appointment of Patel, a deputy governor since 2013, was likely to lead to policy continuity because he worked closely with his predecessor, Raghuram Rajan. Read More »

Asian Stocks Mixed Ahead of Fed Meeting

Gold was under pressure ahead of the meeting of the world's central bankers at Jackson Hole in Wyoming. Separately, Pfizer said it is buying the cancer drug company Medivation in a deal valued at about $14 billion. Just last week we heard from Mr. William Dudley, President of the New York Fed, and Mr. Dennis Lockhart, President of the Atlanta Fed, who both provided hawkish comments concerning near-term rate hikes. Read More »

Speedo drops sponsorship of Ryan Lochte


Speedo USA said it would donate $50,000 of Lochte's fee to Save The Children, a global charity partner of Speedo USA's parent company. The company, which designs the outfits worn by USA athletes during the opening and closing ceremonies, said Monday that the endorsement was specifically for the 2016 Olympics, and would not be renewed. Read More »

Urjit Patel appointed new RBI governor


Currently, he is the deputy governor in RBI. Continuing the inflation battle too would be tough task for Patel when the new monetary policy regime kicks in. "Worldwide investors will like that". Subramanian Swamy, a famouly combative BJP official, had accused Rajan of "wrecking the economy" and being "mentally not fully Indian". Read More »

Markets Right Now: Stocks opening lower on Wall Street

But many investors have expressed a growing concern for high valuations. Laith Khalaf, senior analyst at Hargreaves Lansdown, said: 'Stocks are riding high in the U.S. OIL PRICES: Benchmark U.S. crude was up 55 cents, or 1.3 percent, at $44.04 a barrel in NY. Several companies reported disappointing quarterly results and gloomy outlooks. Read More »

Sanchez Energy Corporation (NYSE:SN) Insiders Look Pessimistic About Prospects


Analyst expected twelve month price target of $5.29. Chesapeake shares gained 9.6 percent on Monday after the announcement of its $1 billion loan arrangement with Goldman Sachs, Citigroup and MUFG. Dell'Osso outlined early August during the company's second-quarter earnings call. Chesapeake Energy Corporation annual Divided is 0 while it's Dividend Yield is 0%. Read More »

Mobile's Unlimited Plans Aim at the Big Two

The unlimited data plan will cost subscribers $60 per line. But, of course, there are catches, not the least of which is that the overall prices are likely to be higher for many people. subscribers between them. Verizon Wireless no longer offers an unlimited data plan, and AT&T only offers unlimited plans to customers who also subscribe to DirecTV, its satellite television service. Read More »

Aetna withdrawing from Pennsylvania ACA marketplace


Ana Gupte, an analyst at healthcare investment firm Leerink Partners, told Bloomberg that by pulling out of some states, Aetna will boost its 2017 earnings by about $200 million. We also would not be in a position to provide assistance to failing cooperative exchanges as we did in Iowa recently. The Congressional Budget Office projected previous year that 21 million people would participate in the exchanges. Read More »

Christie denies knowledge of settlement that reduced Trump casino debt by millions

Chris Christie took office. A spokesman for Christie told the Times that the governor was not aware of the tax dispute and could not comment on the terms of the settlement. The company had paid only $500 in income taxes. The Trump casinos may not have been able to afford their long overdue taxes, but they did not turn suddenly spartan, either. Read More »

Fed minutes: Conditions could 'soon warrant' a rate hike


Esther George, president of the Kansas City Fed, dissented in favor of an immediate rate increase. But investors are skeptical with few expecting a September hike and less than half forecasting a move in December, according to the CME Group FedWatch. Read More »

Judge orders protesters not to interfere with oil pipeline


On Monday, Dakota Access filed suit against the Standing Rock Sioux Tribe, asking for restraining orders and seeking unspecified monetary damages against a tribal chairman and other protesters who had been "occupying" land near pipeline construction sites. Read More »

Clintons made $10.6 million in 2015, paid federal rate of 34%


On trade, Clinton said definitively that she opposes the Trans-Pacific Partnership and will continue to do so: "I oppose it now, I'll oppose it after the election, and I'll oppose it as president". The Clintons have disclosed returns for every year since 1977. The source spoke on condition of anonymity to discuss the plans in advance. The Democrat has to be thankful that Mr Trump instead chose to focus on his outlandish claim that she and President Obama are the founders of ISIS. Read More »

The Only Way I Lose Pennsylvania 'Is If Cheating Goes On'

Trump reiterated that if he wins the November general elections , the USA would be back on track of economic and military power. She said Trump's call for law enforcement to police balloting locations - beyond the scope of routine election administration - was a "red flag" for potential Election Day trouble and risked reviving the kind of voter intimidation tactics that were a hallmark of the Jim Crow era. Read More »

World's biggest offshore wind farm to be built in Hornsea


Hornsea Project Two is the second site of the Hornsea offshore project in the United Kingdom, and will comprise up to 300 turbines with a total capacity of up to 1.8 GW. If built to its full capacity, it will involve a £6bn investment. "The Merkur project also signals our continued commitment to the development of offshore wind farms around the world". Read More »

Apple's Tim Cook hits back against tax critics


This amount of money is more than the annual figures of Cisco, Disney and Nike combined, ofThe Washington Post reports . But in stepping into the shoes of Mr. McNamee believes there can be no "second act" to this and there is no way to sustain the kind of growth the company has been having. Cook's decision to ignore a request by the Federal Bureau of Investigation asking the company to create software to break into an iPhone belonging to the terrorist responsible for the San Bernardino ... Read More »

United States extends unbeaten run with gold in women's eight

Under coach Tom Terhaar, they have been unbeaten for 10 years and won all the world rowing championships and Olympic Games during this period. "The setup there was better than our national team", said coxswain Zoe De Toledo, who led the Brits to their first women's eight medal in history Saturday. Read More »

Phelps wins 23rd Olympic gold medal


Turning back the clock in his fifth and final Games, Phelps produced a blistering third leg of butterfly to restore his team's lead and tee up victory after Britain's Adam Peaty had threatened to gatecrash his party. "I know the country really appreciates this, and I really wanted to give this victory to them". "It's not the end of a career. I'm proud of Jamaica - just look at my hair", she added, paying tribute to Thompson. Read More »

DOJ: Baltimore Police Department has history of violating civil rights


They also rode along with police officers during their shifts and reviewed hundreds of thousands of pages of documents. According to the report , 410 people were stopped at least 10 times from 2010 to 2015. In one incident, an officer allegedly punched a 14-year-old boy who attempted to film an arrest on his cellphone. The report being issued Wednesday represents a damning indictment of how the city's police officers carry out the most fundamental of policing practices, including traffic ... Read More »

Macy's says to shut 100 stores

Employees who work at stores that are closing will be offered positions at nearby stores "where possible", Macy's says, and eligible part- and full-time employees will receive severance benefits. Most of the store closings will begin in early 2017. Macy's announced on Thursday it will close 100 of its 675 full-line stores across the country in early 2017. Read More »

Egyptian judo athlete refuses to shake Israeli's hand

El Shehaby, 34, stood stony-faced and backed away from the 25-year-old Sasson. Sasson is now set to face France's Teddy Riner in the semifinals. "This is something driven perhaps by the Egyptian people, by the Egyptian regime, but it does not look to me like something personal", he said. Read More »

Egyptian judoka refuses to shake Israeli opponent's hand

But when the Israeli went to bow and then shake the hand of his opponent, as is the etiquette in judo, the Egyptian backed away and then shook his head. A spokesman for the International Olympic Committee (IOC) said that sometimes athletes could not bring themselves to shake hands "for a number of reasons". Read More »