Markets


Equities fall on rising tension between US & North Korea
- August 13, 2017

MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS closed 1.47 percent lower. The Dow Jones Industrial Average.DJI closed down 204.69 points, or 0.93 percent, at 21,844.01, the S&P 500 . The Dow is down 248.80 points, or 1.1 percent. The Swiss franc reversed a two-week losing streak and gained 1.1 per cent to as firm as 0.9611 per dollar. (more...)
If North Korea attacks, it could face destruction in 24hrs If North Korea attacks, it could face destruction in 24hrs
- August 11, 2017

But other believe North Korea has no intention of backing down. Former Director of National Intelligence (DNI) James Clapper on Tuesday called for US officials to tone down their rhetoric on North Korea after President Trump threatened to unleash " fire and fury " should Pyongyang continue with its threats. (more...)
Kylie Jenner Newly Billionaire, Her Cosmetics Company Is Worth $420 Million Kylie Jenner Newly Billionaire, Her Cosmetics Company Is Worth $420 Million
- August 11, 2017

The initial release of the three original Lip Kits in November 2015 was seen as a test, and only 5,000 of each were made (15,000 units total). WWD says that the company is set for a 25 percent increase in sales this year, which puts the 2017 projection at $386 million. (more...)
British Gas raises electricity prices for millions of customers British Gas raises electricity prices for millions of customers
- August 02, 2017

British Gas will raise electricity prices for more than 3 million households, adding £76 to a typical annual energy bill . Customers using a pre-payment meter will also not be affected. British Gas owner Centrica claim the rise "reflects an underlying increase in policy and transmission costs". Around 5.3 million people are either on fixed deals or only buy gas from the firm, says The Times . (more...)
Eurozone unemployment falls to fresh post-crisis low Eurozone unemployment falls to fresh post-crisis low
- August 01, 2017

According to Eurostat , inflation was at 1.3 percent year-on-year this month, the same level as in June. Policymakers would be reassured by signs in the PMI report that manufacturers' cost pressures eased in July, said Howard Archer, chief economic adviser to forecasting body, the EY ITEM Club. (more...)
Trump sacks Priebus, names new White House Chief of Staff Trump sacks Priebus, names new White House Chief of Staff
- July 30, 2017

Hours after being fired by President Donald Trump , former White House Chief of Staff Reince Priebus joined CNN's Wolf Blitzer to discuss his ouster. Between the new White House Communications Director Anthony Scaramucci's awful few days and the seemingly utter chaos in the White House, the administration is hard at work putting out fires . (more...)
Sears and Amazon; Alexa, turn up my Kenmore air conditioner Sears and Amazon; Alexa, turn up my Kenmore air conditioner
- July 21, 2017

For Sears , it marks the biggest distribution of Kenmore appliances outside of its brick and mortar stores and comes as Amazon continues to invade traditional retailers' space. "The launch of Kenmore products on Amazon.com will significantly expand the distribution and availability of the Kenmore brand in the U.S.", said Sears chief executive Edward Lampert said in a news release. (more...)
Global cyber sting shuts down dark web bazaars Global cyber sting shuts down dark web bazaars
- July 21, 2017

According to the United States agencies involved in the operations, AlphaBay vendors sold drugs such as fentanyl and heroin, and said "there have been multiple overdose deaths across the country attributed to purchases on the site". Alphabay has hosted more than $1 billion in transactions since its founding in 2014, according to a statement from Europol , with transactions paid in bitcoin and other crypto currencies. (more...)
Trump says he did all he could to confront Putin Trump says he did all he could to confront Putin
- July 16, 2017

Top Democratic senators warned President Trump's officials ahead of bilateral talks next week not to give back Russia's diplomatic compounds in NY and Maryland that were seized amid revelations of Russian interference in the 2016 election. (more...)
Tesla wins 100-MW battery project in S Australia Tesla wins 100-MW battery project in S Australia
- July 08, 2017

South Australian Premier Jay Weatherill said that battery makers, including Tesla , would have to compete for access to a A$150 million ($115 million) renewable energy fund for any potential 100MW storage contract. The battery system will be paired with a wind farm in South Australia . The massive battery - the largest lithium-ion storage project in the world - is created to power 30,000 homes in the blackout-plagued region. (more...)
BHP Billiton plc (BLT) Receives Outperform Rating from Macquarie BHP Billiton plc (BLT) Receives Outperform Rating from Macquarie
- July 08, 2017

The stock of Abcam Plc (LON:ABC) earned "Add" rating by Numis Securities on Monday, January 25. The stock of Unilever plc (LON:ULVR) has "Outperform" rating given on Friday, September 4 by RBC Capital Markets. holds 39.19% of its portfolio in GGP Inc for 258.23 million shares. Firm has a GBX 280 ($3.63) PT on the shares. Stifel Fin stated it has 68,779 shares or 0.01% of all its holdings. (more...)
Gas prices lead to busier roads in Savannah Gas prices lead to busier roads in Savannah
- July 05, 2017

We haven't officially hit an average below $2 per gallon for regular, but gas prices under that mark abound now in the Bradenton-Sarasota-Venice market. Mr. McTeague, however, cautioned that USA prices stand to rise as crude oil is expected to eventually bounce back. "While it has been over a month since the national average last saw a weekly rise, it is looking more likely we will soon face just that", he said. (more...)
Saudi, allies give Qatar 48-hr extension Saudi, allies give Qatar 48-hr extension
- July 04, 2017

Meanwhile, US President Donald Trump spoke separately to Saudi Arabia's King Salman and Abu Dhabi Crown Prince Sheikh Mohammed bin Zayed al-Nahyan on Sunday to discuss his "concerns about the ongoing dispute" between Qatar and its Gulf neighbours. (more...)
Heat Interested in Veteran Big Man Serge Ibaka
- July 03, 2017

The athletic big man's deal, which can't be finalized until the NBA's moratorium on free agent signings is lifted on Thursday, is reportedly worth US$65 million. It's a minor detail on the surface, but for a cap-strapped team like the Raptors it matters greatly. There are also rumours of Toronto discussing a trade with IN that would see Cory Joseph head to the Pacers IN order to free up cap space. (more...)
Xi departs Hong Kong after speech, inauguration Xi departs Hong Kong after speech, inauguration
- July 02, 2017

The third and final day of President Xi's first state visit to Hong Kong coincided with Saturday's landmark anniversary, and in a speech earlier on the Chinese leader issued a stark warning that Beijing will not tolerate any challenge to its authority in the port city. (more...)
China to carry out shuttle diplomacy for Pakistan, Afghanistan China to carry out shuttle diplomacy for Pakistan, Afghanistan
- June 27, 2017

The Chinese side hoped Afghanistan and Pakistan could maintain stable and sound relations, and was willing to provide necessary assistance in this regard based on the needs of both the sides. A Taliban delegation had also attended the first meeting of the QCG held in northeastern Pakistani city of Murree but despite some initial breakthrough, the news about the death of Mullah Omar - the slain leader of the Taliban - failed to yield desired results. (more...)
Hammond sets out his approach to Brexit Hammond sets out his approach to Brexit
- June 23, 2017

The two chief negotiators, Michel Barnier of the European Union and David Davis from Britain , immediately set off to find common ground in their working relationship, an important touchstone to see how amicable the biggest political divorce in decades will become. (more...)
Biggest US banks clear first hurdle in Fed's annual stress tests Biggest US banks clear first hurdle in Fed's annual stress tests
- June 23, 2017

They are: Ally Financial, American Express, BancWest, Bank of America, Bank of New York Mellon, BB&T, BBVA Compass, BMO Financial, Capital One, Citigroup, Citizens Financial, Comerica, Deutsche Bank, Discover, Fifth Third, Goldman Sachs, HSBC, Huntington Bancshares, JPMorgan, KeyCorp, M&T, Morgan Stanley, MUFG Americas Holdings, Northern Trust, PNC, Regions Financial, Santander Holdings, State Street, SunTrust, TD Group, U.S. (more...)
Amazon eyes big serving of USA grocery pie Amazon eyes big serving of USA grocery pie
- June 20, 2017

Department stores have shed 46% of their workers since 2001, a greater percentage of their jobs than coal mines or factories have lost over the same period. The acquisition stands as a huge boost for Amazon's strategy to integrate the brick-and-mortar model into its business. Google Shopping: Google also have ties with Whole Foods , and one possibility with the recent Amazon acquisition is transferring deliveries to Amazon , and far away from Google. (more...)
Marathon Oil Corporation Sees Unusually Large Options Volume (MRO) Marathon Oil Corporation Sees Unusually Large Options Volume (MRO)
- June 15, 2017

Turning to market valuation, the P/E ratio is N/A, the P/S ratio is 2.46 and the P/B ratio is finally 0.88. The mean target of $30.00 should be compared with the price when the stock was languishing around $23.61 a share. Asset Management One holds 0.13% in Marathon Petroleum Corp (NYSE:MPC) or 1.04 million shares. Fmr Lc has 0% invested in Agenus Inc (NASDAQ:AGEN) for 1.62 million shares. (more...)