Markets

Paddon reportedly safe after Monte Carlo crash, spectator condition unclear

Paddon reportedly safe after Monte Carlo crash, spectator condition unclear Hyundai Motorsport is deeply saddened to learn of the tragic passing of a spectator during the opening stage of Rallye Monte-Carlo on Thursday evening. "Everyone associated with the event extends their deepest sympathies and condolences to the families, friends and individuals affected". " I am incredibly saddened by today's accident and my thoughts are with the family and friends of the person... [Full Article...]

Is the IEA Right About the Oil Market?

Is the IEA Right About the Oil Market? Oil has drawn support from top crude exporter Saudi Arabia's commitment to cut output under the agreement between the Organization of the Petroleum Exporting Countries (OPEC) and other producers. Despite the increase in USA production and investment, oil traders are optimistic about prices thanks to OPEC's deal. On balance, we still look for prices to strengthen as we head thru 2017. [Full Article...]

Women's March in Baltimore Slated for Charles Village

Women's March in Baltimore Slated for Charles Village The marches call for reproductive rights such as access to abortion and contraception, equal pay, affordable childcare, an end to violence against women and rights for gay, lesbian, bisexuals and transgender (LGBT) people. She said her expectations "aren't too high" for a Trump presidency and that she's "putting her hopes and faith into the community of uniting against discrimination, prejudice, r... [Full Article...]

Kinder Morgan, Inc. (NYSE:KMI):Brokerage Firm Rating Analysis

Hudock Capital Group LLC raised its position in Kinder Morgan by 12.0% in the second quarter. The market capitalization of the company is at $49.82 Billion. Presently, it has a Return on Equity (ROE) of -0.90% and Return on Investment (ROI) of 2.40%. The last few months of the year saw Kinder Morgan win approval for its $5.4 billion Trans Mountain crude oil pipeline expansion project in Cana... [Full Article...]

Apple App Store Prices See Sharp Increase In Britain

Further, the report stated that the average consumer uses well over 30 apps per month across various markets*. The $89 billion figure includes in-app advertising revenue, as well as revenues paid out to third party Android app stores. Apps have transformed the world of banking. Prominent companies such as Apple and Alibaba run their own app stores. Subscription prices will not be affected. [Full Article...]

Microsoft Warns Of Windows 7 Weak Security

Beam has been merged with Xbox Live, so you don't need a separate account, just broadcast your gameplay as you'd normally do. We'll improve the performance of your PC games through the all new Windows Game Mode. The newest Intel processors, upcoming AMD Ryzen chips, and Qualcomm Cellular PCs are only fully supported by Windows 10. While Windows 10 has managed to round up a few hundred million ... [Full Article...]

JAXA's Failure to Launch a Tiny Satellite From a Small Rocket

JAXA's Failure to Launch a Tiny Satellite From a Small Rocket Japan's ambitions to advance their presence in space have ground to a sudden halt after an experimental rocket the country launched crashed back to Earth. The rocket, designed with help from Canon Electronics and using parts from various consumer electronics devices such as mobile phones, was carrying a small 3-kg (6.6 lb) satellite built by the University of Tokyo that's created to take high-qual... [Full Article...]

Bank earnings; Wells Fargo in focus; Fiat Chrysler faces the music

Bank earnings; Wells Fargo in focus; Fiat Chrysler faces the music The stock added nearly 23.5% in price since last earning report , when its share price was $44.38. The financial services provider reported $1.03 EPS for the quarter, topping the consensus estimate of $1.01 by $0.02. Earlier Friday, shares were mixed during Asian trading hours after data showed Chinese exports fell sharply last month amid weak demand, adding to some investors' concerns about the ... [Full Article...]

Mexico would reimburse for wall on the border

Trump spoke directly to companies that have plans to build in Mexico or elsewhere, promising to penalize companies that, "want to move to another country and fire all of our great American workers that got you there in the first place". Trump's remarks came several minutes into his first news conference since his November 8 electoral victory. Reports went out last week that Mexico is not going to ... [Full Article...]

Jack Ma Chats with Donald Trump on Creating a Million Jobs

Alibaba's American competitor - employs less than 300,000 people. "We want to help USA entrepreneurs, small business owners, and brands and companies of all sizes sell their goods to the growing Chinese consumer class", Ma wrote in a 2015 op-ed. [Full Article...]

Fiat Chrysler retooling plant for Jeep pickup

Jodi Tinson, a spokeswoman for FCA told ThinkProgress , "This plan was in the works back in 2015". The president-elect said management at the phone company Sprint, which will add 5,000 people to its USA workforce, and OneWeb, a new technology company that plans to bring on 3,000 workers, called to inform him of their decisions. [Full Article...]

Don't panic, petrol pumps will accept debit & credit cards till Jan 13

Earlier, the banks had proposed to levy Merchant Discount Rates (MDR ) on all card transactions at fuel stations starting Sunday midnight, causing panic among dealers. "Being an initiative of the government, it should ensure that we don't suffer", says Nitin Krishna, an IT employee. He said the petroleum dealers are in favour of Central Government's move towards cashless transactions. [Full Article...]

The Limited clothing retailer closing all stores

The Limited clothing retailer closing all stores The Limited made a statement to their employees in which they mentioned the company not meeting up with their sales budget, which would result in them being forced to lay off several employees, and probably even have to resort to completely shutting down their entire main office in OH as well. [Full Article...]

It will be very hard for Donald Trump to offer his…

It will be very hard for Donald Trump to offer his… Although Spicer said Trump chooses what to tweet and when, he hasn't always had that kind of control. Shah was behind all the anti-Clinton campaign during the presidential elections. Trump was often criticized for his relationship with the truth in the messages he distributes, via Twitter or otherwise. Hagin has worked closely with the U.S. [Full Article...]

Stocks set for slightly lower open after labor, holiday sales data

Stocks set for slightly lower open after labor, holiday sales data It now expects its FY16 diluted earnings per share (EPS) to come in at $3.6-3.65, versus its previous EPS outlook of $3.8-4. Kohl's reported Holiday comps of -2%, below our model for -0.5%, as sales remained volatile through the quarter. Moving toward the volatility measures, the price volatility of stock was 2.44% for a week and 3.33% for a month as well as price volatility's Average True Range... [Full Article...]

Kim Kardashian Breaks Into 2017 With an Unexpected Selfie

Kim Kardashian Breaks Into 2017 With an Unexpected Selfie She was pulled from her bed in the early hours of the morning on October 3, bound and gagged, robbed and held at gunpoint in a $11 million heist. Kim has posted a number of gorgeous family snaps on her Instagram over the past week. The mum-of-two is now back on social media with a bang. "She's feeling really good - and strong", a source told ET on Wednesday. Some extracts date back to before... [Full Article...]

Apple confirms $1 bln investment in SoftBank tech fund

Apple confirms $1 bln investment in SoftBank tech fund Qualcomm (QCOM) will invest in SoftBank's (9984.Japan/SFTBY) new $100 billion technology fund, the Wall Street Journal reported . The company announced it was creating the tech fund in October of previous year with the goal of getting $100 billion in capitol. [Full Article...]

Budget session likely from Jan 31, Budget on Feb 1

Budget session likely from Jan 31, Budget on Feb 1 Finance minister Arun Jaitley was present at the meeting which was also attended by home minister Rajnath Singh, parliamentary affairs minister Ananth Kumar and external affairs minister Sushma Swaraj. It has come to light that the budget session may be held from January 31. During these three weeks of the budget session, it has been supposed that funds for various government schemes and project... [Full Article...]

Starter Homes a good foundation, says FMB

Starter Homes a good foundation, says FMB As well as announcing that construction will start on these starter homes this year, the government also revealed plans to build several new "garden villages", each of which to contain between 1,500 and 10,000 homes . Shelter's director of communications, Roger Harding, said: "Efforts to build more homes are welcome, but these starter homes are only likely to benefit people who are ... [Full Article...]

PNB reduces MCLR by 70 bps with effect from Jan 1

PNB reduces MCLR by 70 bps with effect from Jan 1 State Bank of India on Sunday slashed its marginal cost of funds-based lending rate (MCLR) by 90 basis points across all maturities, effective January 1, making home, auto, personal and other loans cheaper. Banks cut lending rates as deposits rose post demonetisation. Positive for economy." "Trend of Interest rate reduction follows demonetisation. "The decision is prompted by liquidity", SBI cha... [Full Article...]


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