Monday, 20 November 2017
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Dow, S&P 500 and Nasdaq close at records

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The Dow Jones Industrial Average added 66 points, or 0.31%, to 21,641, the S&P 500 gained 13 points, or 0.54%, to 2,474 and the Nasdaq Composite added 41 points, or 0.64%, to 6,385. Its stock slumped over 4 percent after the report. In Europe, it was a day of reversing trends, with the common currency coming off its highest close since August 2015 as investors weighed the European Central Bank's plans for stimulus measures and the possibility of a change of tone when the decision is ... Read More »

Mob sets banks ablaze as policeman 'kills' tanker driver

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There were, however, different accounts as to how the deceased, identified as Tunde Azeez, 27, from Osun State was killed. An angry mob on Tuesday burnt down two banks along the Wharf area of Apapa . One of the witnesses, who craved anonymity, told BusinessDay at the scene of the incident that the mobile policeman escaped into a bank. It was not an accidental discharge or stray bullet. Read More »

At Least 20 Civilians Dead in Yemen Airstrike

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At least seven women and four children were among those killed, they said. The U.N. said the victims of Tuesday's bombing, which hit al-Atera village in Taiz province where fighting between Yemen's two warring sides has intensified, were internally displaced people (IDPs). Read More »

Cabinet may discuss stake sale of HPCL to ONGC

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As per Wednesday's closing price, a 51.11 per cent stake in HPCL is worth around Rs 30,000 crore. ONGC's acquisition cost could have risen by another Rs 14,600 crore or so, since the acquisition would trigger the market watchdog Sebi's clause for making an open offer from HPCL's minority shareholders. Read More »

Oil recovered some losses, but the market is still under pressure

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Crude prices were slightly higher after the data release. Let's start with the EIA report for the week ending July 7th, as it was significant on several fronts. I see this trend in US inventory draws generally continuing over the next few months driven by a few key factors. Gasoline demand in the US usually rises during the summer driving season. Read More »

Discovery and Scripps Restart Deal Talks

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The Gardner Russo & Gardner Llc holds 1.17M shares with $83.19 million value, down from 1.18M last quarter. The Concert Wealth Management Inc holds 10,017 shares with $1.16M value, up from 2,700 last quarter. The stock's 50 day moving average price is $17.63 and its 200 day moving average price is $20.19. A deal between Discovery and Scripps would create a $19 billion cable network that specializes in non-scripted shows. Read More »

Mad Cow Disease Detected In Alabama

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Atypical cases of BSE occur spontaneously in rare cases around the world. Cows were given feed that contained cattle meat and bone. "We're always cautious because we don't want classical BSE to start being transmitted and spread in the USA, (as) happened in Europe", Iowa State University veterinarian Grant Dewell told Harvest Public Media. Read More »

BBC to publish salaries of highest-paid stars

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Vine, who hosts his own BBC Radio 2 show , earns a salary over £700,000 a year and held a call-in so listeners could comment on how much BBC's highest earners are paid. Tony Hall , the Director General of the BBC , said the broadcaster is more diverse than the rest of industry and civil service. He said: "We need to employ the very best. Read More »

BHP hit by $546m Chilean strikes burden

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Elliott Management Corp now owns 2,010,151 shares of the mining company's stock worth $63,239,000 after buying an additional 1,229,400 shares in the last quarter. BHP Billiton Limited declared a dividend for shareholders that was paid on Tuesday March 28th, 2017. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Read More »

Audi Advert Criticised In China For Being Sexist

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The groom's mother suddenly interrupts the ceremony to inspect the bride, pulling on her ears and nose and looking at her teeth. An animation in the same ad encourages viewers to visit a website selling "Audi-approved" secondhand cars. The ad was surprising given that Audi has made campaigns tackling gender stereotypes a centerpiece in markets from Spain to the U.S. One social commenter contrasted the Chinese spot to Audi's messaging during the Super Bowl, about equal pay for women. Read More »

United Kingdom to accelerate state pension age rise

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Having said that, the Government is right to identify the problems faced by workers in more physical jobs, and to encourage changes in the jobs market to help them cope with later retirement. When the modern state pension was introduced in 1948, a 65-year-old could expect to live a 13-and-a-half years, or 23 per cent of their adult life. Read More »

Trump picks lawyer Ty Cobb to serve as White House special counsel

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Other additions to the disclosure include an art collection that he and Ivanka Trump own and his ties to the real-estate startup Cadre. Top Democrats are calling for Kushner's security clearance to be revoked. Prospects for White House Press Secretary Sean Spicer are also unclear. A source close to Kushner said his legal team sees no basis under which Kushner's security clearance would be denied. Read More »

Bank of America Corporation (BAC)

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Macquarie is still bullish: "volatility did pick up very late in the quarter", they wrote, referring to sluggish trading activity, "which may set up better conditions for the second half of the year". UBS maintained the stock with "Sell" rating in Friday, October 2 report. On Tuesday, July 19 the stock rating was maintained by Citigroup with "Buy". Read More »

How Many SEGRO plc (LON:SGRO)'s Analysts Are Bullish?

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Over the last 30 and 90 trading days the company share price has increased 42.6 points and increased 109.5 points respectively. Boeing Company now has $126.44B valuation. Nucor Corporation (NYSE:NUE) was reduced too. $163,415 worth of Louisiana-Pacific Corporation (NYSE:LPX) shares were sold by Sims Michael . On Wednesday, May 3 Hyslop Gregory L sold $922,738 worth of Boeing Co (NYSE:BA) or 5,047 shares. Read More »

Harley-Davidson, Inc. (HOG) Cut to "Hold" at BidaskClub

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As of the last earnings report the EPS was $3.51 and is estimated to be $3.74 for the current year with 176,001,000 shares now outstanding. Stokes & Hubbell Capital Management LLC bought a new position in Harley-Davidson during the first quarter worth approximately $201,000. Read More »

Bank of England unveils new tenner to grumbles from Jane Austen fans

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The new note also has the same animal fat base that had triggered protests from Hindu groups in the United Kingdom previous year. Jane Austen has been gone for 200 years, but she's getting back in circulation. There is a confirmed portrait of Austen in the National Portrait Gallery in London , drawn by her sister Cassandra, but it has been said that it was a poor likeness. Read More »

Goldman weighs on Dow; Netflix helps cap S&P, Nasdaq losses

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Although most investors are optimistic about second quarter earnings , they were taken aback shortly before the session began after the world's largest asset manager reported quarterly earnings below expectations. This news helped push down its stock 3.4 percent. A fractional gain would have been a new record high close. Net user growth adds 5.2M (1.07M domestic, 4.14M international) vs 3.23M estimate. Read More »

Man's Best: Ransomed dog of Cowboys WR Lucky Whitehead now returned

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Whitehead, according to ESPN .com, said the perpetrator demanded $10,000 for the return of his dog. Whitehead is obviously a devoted dog dad. Last week, something worse happened to Whitehead: Someone stole his dog, Blitz. "It's killing me. It hurts because I don't know how he's being treated". This is obviously a pretty wild story (and one that could develop further if Whitehead decides to press charges), but the good news is that Blitz is safe and has been returned. Read More »

Pakistan Army launches operation Khyber-4 in Rajgal Valley

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He said worldwide border with Afghanistan will be fully secured to check infiltration of terrorists and to destroy their hideouts in our side of the border. ordered the formation of a Joint Investigation Team in April. Addressing a media conference, the ISPR DG said that the operation aims to secure the worldwide border with Afghanistan by preventing the Daesh and other local militants on Afghan side of the border from infiltration. Read More »

Australia, New Zealand shares climb after Yellen's rate remarks

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Yellen told the committee that the Fed is carefully monitoring the country's inflation. With the Fed funds effective rate at 1.16% and core PCE at 1.4%, the real Fed funds rate sits at -24 bp. -The Bloomberg Dollar Spot index fell 0.4 percent. Currencies generally weaken relative to peers on domestic monetary policy that's construed as accommodative. Read More »

China's GDP grows 6.9% in Q2 as industrial output, consumption pick up

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It was well above the 6.5% pace recorded in the year to May, and breezed past expectations for unchanged reading for the month. Economists in Reuters' poll forecast second quarter GDP to grow 1.7 percent from a quarter ago. Industrial output gained 7.6 percent in June prior year beating analysts' expectation of a 6.5 percent increase. The better-than-expected figures mean China is on track to beat the growth target of "around 6.5%" set by the country's leadership for the whole year. Read More »

Over 7 Million Pounds Of Hot Dogs With Possible Bone Fragments Recalled

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Marathon Enterprises Inc., which processes meat products in the Bronx, New York, is best known for producing Sabrett brand hot dogs. The contaminated products were first reported on July 10, when complaints filed through the FSIS Consumer Compliant Monitoring System stated that pieces of bone were being found within the products. Read More »

Dollar Drives to Ten-Month Lows as US Data Continues to Disappoint

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Bond prices rallied after the Labor Department said the consumer-price index was unchanged in June from the prior month. Excluding food and energy prices, core producer prices also crept up by 0.1% in June after climbing by 0.3% in May. inflation data in June and an unexpected fall in retail sales fueled doubts about an interest rate increase later this year. On Wednesday she said... Read More »

Australian Senator Forced To Quit After Discovering He's A Kiwi

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Greens Senator Scott Ludlum has been forced to resign after discovering he is a dual Australian-New Zealand citizen. The barrister at Francis Burt Chambers contacted Senator Ludlam's office last week "as a courtesy" to let them know he was sending proof of the Greens politician's New Zealand citizenship to the Clerk of the Senate. Read More »

Human remains found in search for missing men, 1 victim ID'd

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Prior to taking the three back to the family property, the two suspects agreed to rob Finocchiaro, the affidavit states. "In addition, we gained very, very valuable intelligence and information that we did not have. As police led the handcuffed suspect to a van Thursday evening, DiNardo said "I'm sorry" when asked by reporters whether he had sympathy for the victims' families. Read More »

Jimmy Carter discharged from hospital after suffering from dehydration

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On Wednesday, Carter said the build in Edmonton, Canada, was one of the best. JUST IN: Former President Jimmy Carter discharged from the hospital after being treated for dehydration, Carter Center says. Carter had joined Habitat as the organization builds 150 homes for people in need in Canada to celebrate the country's 150th anniversary. "He encourages everyone to stay hydrated and keep building", a statement from the Carter Center said. Read More »

Magellan Midstream Partners LP (NYSE:MMP) Valuation According To Analysts

Keefe Bruyette & Woods maintained it with "Hold" rating and $8200 target in Friday, May 26 report. The firm has "Neutral" rating given on Monday, August 8 by JP Morgan. The firm has "Outperform" rating by Credit Suisse given on Thursday, March 17. The rating was downgraded by Wells Fargo on Monday, January 18 to "Market Perform". Read More »

Theresa May says she 'shed a tear' after election night disaster

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My husband gave me a hug, and then I got on the phone to the Conservative party to find out what had happened. "So I say to the other parties in the House of Commons - come forward with your own views and ideas about how we can tackle these challenges as a country", May added in her plea: "We may not agree on everything, but through debate and discussion - the hallmarks of our parliamentary democracy - ideas can be clarified and improved and a better way forward found". Read More »