Markets


Russia vetoes UN draft resolution on Syria gas attack probe
- April 16, 2017

Relations between the Cold War adversaries have become even more volatile following a US strike against a Syrian airfield last week that officials believe launched a chemical attack that killed more than 80 civilians in northwest Syria. Trump, in the past, has called Assad "evil" and "an animal". Mr Tillerson repeated the United States administration's belief that "the reign of the Assad family is coming to an end". (more...)
Real Madrid will wear black in Champions League encounter against Bayern Munich Real Madrid will wear black in Champions League encounter against Bayern Munich
- April 13, 2017

Real Madrid also beat their round of 16 competition (Napoli) 3-1 in both legs, but they will have a much tougher time against Bayern, especially when playing at Allianz. Former Bayern favourite Kroos is in his third season with Madrid , having left the Bundesliga giants at the end of the 2013-14 season. However, injury-prone Fabio Coentrao and Dani Carvajal have been passed fit to face Bayern even though the latter failed to train with the rest of his teammates on Monday due to a ... (more...)
Uber denies stealing Google's self-driving tech Uber denies stealing Google's self-driving tech
- April 13, 2017

After the alleged theft, Levandowski left Google early past year to found a self-driving auto startup called Otto that Uber bought for $ 680 million last August. Boehmke worked alongside engineers who came from Tyto Lidar LLC, a company that joined Uber with Levandowski. Uber goes on to claim that - unlike Waymo - it has developed a four-lens optical system for the lidar sensor, with two lenses to transmit the laser source, and another two to receive the back-scattered photons that ... (more...)
Elliott leads investors against Akzo Nobel supervisory chair Elliott leads investors against Akzo Nobel supervisory chair
- April 13, 2017

The Dulux owner has reported the investment company to the Dutch Authority for the Financial Markets (AFM) and urged Elliott to outline its relationship with PPG Industries. Akzo last month rejected a $24 billion offer from PPG after rebuffing an earlier $22 billion bid. Elliott added that it is "aware of its various regulatory obligations, including obligations related to handling price-sensitive, or potentially price-sensitive, information". (more...)
BlackBerry Limited Posted losses of -1.28% in the Last Trade
- April 13, 2017

For the Current Quarter, 26 analysts are projecting the mean EPS to be $0.47/share. Zacks Investment Research's EPS calculations are a mean average based on a survey of sell-side research analysts that follow BlackBerry. BlackBerry Limited (BBRY ) has 537.98 Million shares outstanding and 530.23 Million shares were floated in market. Trading volume may be a very important factor for any investor. (more...)
United Kingdom inflation remains above Bank of England target United Kingdom inflation remains above Bank of England target
- April 13, 2017

Explaining the headline weakness, the NBS said that food prices fell by 4.4% from a year earlier, largely offsetting an increase in non-food inflation of 2.3% over the same period. Slowdown in consumer spendingAndrew Sentance, senior economic adviser at professional services firm PwC, said, "With inflation expected to pick up further over the course of this year, this squeeze on consumer purchasing power is likely to intensify". (more...)
One For Arthur wins 2017 Grand National
- April 12, 2017

One For Arthur was trained near Kinross by Lucinda Russell, and beat out Cause Of Causes which finished second, and Saint Are which placed third. As the field came back on to the racecourse, it looked as though Blaklion had pulled into a decisive lead, but the 8-1 favourite faded. (more...)
Democrats push to link Syria strike, refugee ban
- April 10, 2017

I didn't see you raising your voice against President Obama's inaction in Syria that led us-refugees...that made us refugees, get kicked out of Syria. She called for the administration to immediately revoke its position on refugees. A refugee who came to the United States in 2014 believes that what President Trump did could have unsafe consequences for her homeland and her countrymen. (more...)
Fed minutes reveal debate over inflation and Trump
- April 09, 2017

This split between the USA and other major economies encourages investors to rush into the dollar, sowing turbulence in financial markets. Lingering fears of a possible trade war kept Asian markets on edge . "Trump's agenda is falling to pieces", said Pictet's Paolini. In the currency market, the Australian dollar is lower against the USA dollar on Thursday despite the greenback falling from a three-week high. (more...)
Putin says US strikes on Syria illegal, harm US-Russia ties Putin says US strikes on Syria illegal, harm US-Russia ties
- April 08, 2017

Turnbull said the strikes sent "a vitally important message" that the world would not tolerate the use of chemical weapons. Syrian president Bashar Al-Assad described the USA attack as "Foolish and Irresponsible" in a statement released by his office. (more...)
Murdoch's Fox wins European Union approval to take over Sky Murdoch's Fox wins European Union approval to take over Sky
- April 08, 2017

They compete with each other only to a limited extent, mainly in the acquisition of TV content and in the wholesale supply of basic pay TV channels. "We now look forward to continuing to work with United Kingdom authorities and are confident that the proposed transaction will be approved following a thorough review process", Fox said . (more...)
Rajya Sabha passes GST Bill
- April 07, 2017

As the Upper House approved four GST-supporting bills today, a rare consensus between the government and the Congress was witnessed in the Rajya Sabha, thanks to former Prime Minister Manmohan Singh. Today, Dr Manmohan Singh would only say, "let bygones be bygones", when asked if he was disappointed that his government had not been able to launch GST, which subsumes all indirect taxes in and will turn India into a unified market. (more...)
Assembly Speaker: Deal on budget may be close
- April 07, 2017

Cuomo said the major remaining issues concerned agreeing on how to raise the age when teenagers should be tried as adults, 421-a reform to spur affordable housing and charter school funding, with an automatic increase of $1,500 per student to charter schools coming in June if the Legislature does not take action. (more...)
America Can't Get Enough Mexican Beer - and Corona's Stock Is Soaring America Can't Get Enough Mexican Beer - and Corona's Stock Is Soaring
- April 07, 2017

Among 19 analysts covering Constellation Brands (NYSE:STZ), 14 have Buy rating, 0 Sell and 5 Hold. Shares of Constellation Brands Inc. hit an all-time high Thursday after the wine, beer and spirits' company reported increases in fourth-quarter profit and sales, due, in part, to demand for its beer brands. (more...)
Germany seeks to fine social media over hateful posts Germany seeks to fine social media over hateful posts
- April 06, 2017

Under the proposed legislation, which was unveiled last month , social media companies could face $ 53 million fines if they fail to remove hate speech, libel or other content in breach of German laws. "This legislation would force private companies rather than the courts to become the judges of what is illegal in Germany", he said, adding that Facebook's partner Arvato would employ up to 700 staff in Berlin for "content moderation" by year's end. (more...)
Rumors Swirl of Possible Panera Bread Sale
- April 05, 2017

Given our unchanged positive long-term bias, we would become buyers again below $260, or with passage of time. Shares of Panera soared almost 8% Monday following reports that the company might put itself on the shopping block. BTIG Research upgraded Panera Bread Co (NASDAQ: PNRA ) on Wednesday, January 27 to "Buy" rating. The company presently has a consensus rating of "Hold" and a consensus price target of $247.06. (more...)
Arizona women earn 83 percent of what men earn; USA gap wider
- April 05, 2017

Democratic Rep. Derek Slap of West Hartford says the gender wage gap on average costs CT women more than $10,000. In other words, to bring home what men earn in 12 months, women have to work for more than 15 months - or until April 4. At a working group hearing last week with companies that are making progress on the pay equity front, the focus was on the other benefits that can help women juggle their professional and personal lives, benefits like schedule flexibility and affordable ... (more...)
Trump talks up orders on trade, but neglects to sign them Trump talks up orders on trade, but neglects to sign them
- April 03, 2017

In a second executive order, Trump will order the government to look at ways the United States can better recover trade duties on products that are subsidized by foreign governments or dumped on the U.S. The US president was speaking in the Oval Office ahead of the signing of the orders. "The meeting next week with China will be a very hard one in that we can no longer have massive trade deficits. (more...)
EU's Tusk says Brexit talks to be difficult, sometimes confrontational EU's Tusk says Brexit talks to be difficult, sometimes confrontational
- April 03, 2017

Discussing divorce terms in parallel with a future trade agreement, as the United Kingdom proposed, "will not happen", Tusk said. Davis, who will be Britain's chief negotiator in Brussels during the two-year negotiation process, said the rights of British expats would be the first priority in Brexit talks. (more...)
'If China is not going to solve North Korea, we will' 'If China is not going to solve North Korea, we will'
- April 03, 2017

She said the USA can't change the way North Korea thinks but "China can". It has staged five nuclear tests so far, two previous year. North Korea on Friday urged South Korean political parties, organizations and people from all walks of life to rally against the USA and war via its nominal political party's letter of plea sent to them in an apparent bid to defend its stance on tensions on the Korean Peninsula. (more...)