Markets


China GDP slows as growth risks mount China GDP slows as growth risks mount
- January 21, 2017

It was in line with China's official target range of 6.5 to 7 percent for 2016 and much stronger than some doom-mongers had predicted at the start of 2016, when concerns about a collapse in China's growth rocked global financial markets. "The governor of Liaoning province, the only area in China in a recession, now says three years of recent economic figures were inflated - a rare official confession of data fabrication that has always been suspected and criticised", the Caixin magazine ... (more...)
Oil Prices Running Out of Reasons to Rally By Nick Cunningham Oil Prices Running Out of Reasons to Rally By Nick Cunningham
- January 21, 2017

Shortly after the announcement , some rivals agreed to production cuts of their own, pushing the total commitment to just over 1.8 million barrels per day. However, Saudi Arabia's Energy Minister Khaled al-Falih said Monday it was "unlikely" that an extension would be necessary, pointing to a pick-up in global demand. (more...)
Local Women's March Scheduled Local Women's March Scheduled
- January 21, 2017

The leader of the pro-life group New Wave Feminists said her organization was removed from the march's list of partners. Trump's misogyny-peppered speeches and his recorded anecdotes about grabbing women by the pussy have lead to concerns about his personal attitude towards women. (more...)
Reliable stocks in today's share market: Kinder Morgan, Inc. (NYSE:KMI) Reliable stocks in today's share market: Kinder Morgan, Inc. (NYSE:KMI)
- January 20, 2017

Cohen & Steers Inc. boosted its position in shares of Kinder Morgan by 247.5% in the second quarter. ATR can display volatility of stocks, ETFs and indexes. The firm's revenue for the quarter was down 10.2% on a year-over-year basis. Kinder Morgan Inc reported earnings per share of 8 cents for the fourth quarter of the year. (more...)
Wells Fargo & Company (NYSE:WFC); Stocks Spill on Novel Concerns
- January 18, 2017

Integrated Wealth Counsel LLC now owns 2,408 shares of the financial services provider's stock worth $107,000 after buying an additional 363 shares during the last quarter. Wells Fargo & Co. now has a consensus rating of Hold and an average target price of $49.56. The company reported the earnings of $1.03/Share in the last quarter where the estimated EPS by analysts was $1.01/share. (more...)
Enhanced gaming performance, improved Bluetooth connectivity, promised by Microsoft
- January 18, 2017

The newest Intel processors, upcoming AMD Ryzen chips, and Qualcomm Cellular PCs are only fully supported by Windows 10. Microsoft has confirmed that Windows 10 will soon get a Game Mode. For example, two new zero-day exploits that the company was forced to patch in November for its older operating systems were ineffective against the latest version of Windows 10. (more...)
Apple, increasing its prices in UK, India and Turkey
- January 18, 2017

Now, Judge William A. Fletcher has ruled that iPhone users do purchase apps directly from Apple , according to Reuters , giving them the right to challenge Apple in court. App Annie's report corroborates numerous findings previously released by Sensor Tower , which also found that users are using apps more often, and that games are not necessarily the most popular category anymore. (more...)
Japan Fails Bid To Launch Satellite-Carrying Mini-Rocket Shortly After Liftoff Japan Fails Bid To Launch Satellite-Carrying Mini-Rocket Shortly After Liftoff
- January 18, 2017

At a mere 31 feet tall and 20 inches in diameter, the SS-520-4 would have been the smallest rocket to ever put anything into orbit, NASA says. Japan's space agency has aborted its mission to launch a mini-rocket for sending a satellite into orbit, as the spacecraft has stopped sending data to ground control shortly after it lifted off. (more...)
Wells Fargo's profit falls 6.4 percent Wells Fargo's profit falls 6.4 percent
- January 14, 2017

Macquarie restated an underperform rating on shares of Wells Fargo & Company in a research report on Tuesday, October 18th. Wells Fargo's Tier 1 common equity under Basel III (fully phased-in) increased to $146.4 billion from $142.4 billion in the prior-year quarter. (more...)
Trump says Mexico will pay for border wall
- January 12, 2017

Trump also said that Vice President-elect Mike Pence had started efforts to get clearances from Congress and agencies to begin construction of the wall, stressing, "I don't want to wait". "Mexico in some form, and there are many different forms, will reimburse us and they will reimburse us for the cost of the wall", Trump said. He renewed his pledge to bring American jobs, investment and manufacturing back to the US, and to impose higher border taxes on firms that choose to carry their ... (more...)
FCA to invest $1 bln in USA plants, make Jeep pickup truck
- January 11, 2017

Automakers are announcing investments and hiring plans for the United States in order to avoid criticism from the President-elect, which has caused share price turmoil for those who face twitter criticisms. FCA said it would retool its Warren (Michigan) Truck Assembly Plant to produce the Jeep Wagoneer and Grand Wagoneer, and its Toledo (Ohio) Assembly Complex to produce its new Jeep pickup truck. (more...)
Alibaba's Ma Meets With Trump to Talk About Creating Jobs Alibaba's Ma Meets With Trump to Talk About Creating Jobs
- January 11, 2017

Alibaba Group Holding Executive Chairman Jack Ma Yun's meeting Monday with incoming U.S. President Donald Trump in NY was likely about more than just business, with the Chinese tycoon having played the role of unofficial diplomat for Beijing in the past. (more...)
The Limited closes all 250 stores nationwide The Limited closes all 250 stores nationwide
- January 09, 2017

But this isn't goodbye . The Limited opened its first store in 1963 in Columbus, Ohio, growing into a national chain of 250 stores. "The styles you love are still available online", reads a statement found on thelimited.com. Apparel retailer The Limited is out of the brick-and-mortar retail business. The closures follow recent announcements by Macy's and Sears that they will be closing more stores nationwide as department stores struggle in the face of growing online shopping. (more...)
Petrol pumps to accept card payments, for now
- January 09, 2017

After a high drama on card transactions at petrol bunks, since this evening, the petrol bunk association has now decided put off their decision till 13th January. However, even as the dealers reported that they have received correspondence from ICICI Bank, HDFC Bank and Axis Bank, in this regard, ICICI bank has denied levying any surcharge according to The Times of India . (more...)
Donald Trump appoints Indian-American to key White House position Donald Trump appoints Indian-American to key White House position
- January 08, 2017

When Axelrod asked if Spicer feels "a certain sense of dread" about Trump's posts on Twitter, the former Republican National Committee strategist responded: "No, but I do look there first". He described it at the Chicago event as "an exciting part of the job". "President-elect Trump is assembling a phenomenal team to implement the change of status quo that the American people voted for in November", said Kellyanne Conway, incoming counselor to Trump. (more...)
SoftBank Gains After Apple Confirms $1 Billion Investment In Its Tech Fund SoftBank Gains After Apple Confirms $1 Billion Investment In Its Tech Fund
- January 06, 2017

The outpouring of support allowed the Vision Fund, initiated by Japan's SoftBank Group in October to reach its $100 billion weeks ahead of schedule. According to reports the fund is already oversubscribed and Softbank itself has contributed $25bn. The fund manages to bring in various companies who compete with each other and have overlapping interests. (more...)
Kohl's Corporation (NYSE:KSS) forecast diluted earnings to be $2.92 to $2.97 Kohl's Corporation (NYSE:KSS) forecast diluted earnings to be $2.92 to $2.97
- January 06, 2017

Macy's stock lost almost 14% of its value on Thursday, closing at $30.86 with almost 30 million shares traded. A bullish investor could look at KSS's 26.3 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. (more...)
Kim Kardashian West's back & she's still got major selfie game
- January 06, 2017

This post first appeared on Linda Ikeji's Blog. Kim also sported the rocky piercing (which is not real, people ) at Kris's Christmas Eve party, where she wore a silky gold custom made Alexander Wang dress and a choker to go with it. The insider added to Entertainment Tonight: "Kanye is doing really well". Two months after being admitted into the UCLA Medical Center, Yeezy is "living at home with Kim and the kids". (more...)
Police Leader Who Was Making Reforms Will Leave CPD
- January 05, 2017

Chicago time to announce Kirkpatrick's appointment as police chief. Adding that she doesn't see the current state of Oakland as a mess - but she see's it as "an opportunity". Besides the sex scandal, the police department has been under federal court oversight since 2003. She was a finalist for chief in Chicago but didn't get the job. (more...)
Manufacturing Sector Expanded in December Manufacturing Sector Expanded in December
- January 05, 2017

The ISM manufacturing index has topped 50 for nine of the last 10 months. "Economic activity in the manufacturing sector expanded in December, and the overall economy grew for the 91st consecutive month". The ISM also reported that new export orders rose 4 percentage points, factory employment hit its highest level since June 2015, and the raw materials prices index surged 11 percentage points to its highest level since 2011. (more...)