Business


USA stocks up as N Korea fears ease USA stocks up as N Korea fears ease
- August 15, 2017

Winners and Losers: Shares of Apple Inc. and Microsoft Corp. both finished 1.5 percent higher at the close . The VIX rose further on Wednesday, as far as 12.63, its highest in more than a month. The Swiss franc, another safe-haven, failed to maintain momentum from earlier days, losing ground relative to the euro and was last broadly flat versus the dollar after dollar/franc fell to a fresh two-week low 0.9582 earlier in the day. (more...)
World's largest thermal power plant to create thousands of SA jobs World's largest thermal power plant to create thousands of SA jobs
- August 15, 2017

The plant is expected to create about 650 local jobs during the construction phase and 50 permanent jobs, after the plant's commissioning takes place. The plant will be built on state-owned land about 30 kilometres north of Port Augusta where it'll be able to store up to 10 hours of energy. That tender followed an announcement in July that the South Australian government would procure 25% of its electricity load from dispatchable renewable energy providers as it sought to stimulate innovation ... (more...)
The Exxon Mobil Corporation Target of Unusually Large Options Trading (NYSE:XOM)
- August 15, 2017

Bank of America Corporation raised Exxon Mobil Corporation from a "neutral" rating to a "buy" rating and raised their price target for the stock from $95.00 to $100.00 in a research note on Thursday, May 11th. On Monday, June 5 the stock rating was upgraded by Scotia Capital to "Buy". UBS maintained the shares of XOM in report on Monday, May 2 with "Neutral" rating. (more...)
Nuveen California Municipal Market Op Fd
- August 15, 2017

The Williams %R oscillates in a range from 0 to -100. Levels above -20 may indicate the stock may be considered is overbought. A reading from -80 to -100 would signal an oversold situation. On the flip side, a reading below -100 may signal a downtrend reflecting weak price action. Many traders will use a combination of moving averages with different time frames to help review stock trend direction. (more...)
Pandora Names Sling TV's Lynch as New CEO Pandora Names Sling TV's Lynch as New CEO
- August 15, 2017

Roger Lynch is jumping to Pandora to become its next CEO. CFO Naveen Chopra was appointed to interim CEO at the time as the company started its search for a permanent replacement. Westergren came back for a second stint as Pandora's CEO in early 2016. One of the pioneers of digital radio, Pandora in recent years has faced competition from faster-growing rivals like Apple Music and Spotify . (more...)
American Workplace is Physically, Emotionally Taxing, Survey Shows American Workplace is Physically, Emotionally Taxing, Survey Shows
- August 15, 2017

Changing schedules: While 80 percent of respondents said they had steady and predictable work all year long, only 54 percent said they worked the same number of hours day to day. The American Working Conditions Survey found that while many American workers adjust their personal lives to accommodate work matters, about one-third of workers say they are unable to adjust their work schedules to accommodate personal matters. (more...)
Tesla tows tiny house around Australia with Model X Tesla tows tiny house around Australia with Model X
- August 15, 2017

The tiny house contains a Tesla mobile design studio and configurator to help home owners configure a solar plus energy storage system for their home. Tesla plans to take their tiny house to Adelaide, Melbourne, Sydney, and Brisbane throughout August, September, and early October. There's also a Tesla Powerwall on the home's exterior. (more...)
Tillerson, Mattis say 'no' to regime change on North Korea Tillerson, Mattis say 'no' to regime change on North Korea
- August 15, 2017

Officials have told United States media that spy satellites have observed DPRK mobile missile launcher movement, indicating a intermediate-ballistic missile launch may be being prepared. 'You can't make all the decisions in advance. "I need a certain amount of ambiguity on this, because I'm not going to tell them what I'm going to do in each case". (more...)
Standard Life and Aberdeen Asset complete £11bn merger Standard Life and Aberdeen Asset complete £11bn merger
- August 15, 2017

The merger is targeting cost savings of £200m a year, with around 800 jobs expected to be lost over a three-year period from the current global workforce of 9,000 staff. The Group's investment business, Aberdeen Standard Investments, manages RM3.2 trillion (US$758 billion) worth of assets. The all-share merger has created the UK's largest asset manager, while Keith Skeoch and Martin Gilbert had been named co-chief executives of the combined entity. (more...)
Rise in arrests of drunk air passengers Rise in arrests of drunk air passengers
- August 15, 2017

The airline has already banned customers from drinking duty-free alcohol on flights and stopped people flying from Glasgow Prestwick and Manchester to Alicante and Ibiza from bringing it on board the aircraft at all. Another cabin crew member, who did not want to be named, said: "I've been cornered in the back galley by somebody trying to kiss me and making sexual moves on me, having to push them away". (more...)
Berkshire Hathaway Inc. (NYSE:BRK-B) Upgraded by BidaskClub to Berkshire Hathaway Inc. (NYSE:BRK-B) Upgraded by BidaskClub to "Buy"
- August 15, 2017

More interesting news about Berkshire Hathaway Inc. Other research analysts have also issued reports about the stock. Warren Buffett's Berkshire Hathaway Inc on Monday said it has taken a 17.5 million share stake in Synchrony Financial and shed its investment in the financial services company's former parent, General Electric Co. (more...)
Wal-Mart Stores, Inc. (WMT) Position Raised by Summit Global Investments Wal-Mart Stores, Inc. (WMT) Position Raised by Summit Global Investments
- August 14, 2017

Cincinnati Ins Communications accumulated 486,200 shares or 1.09% of the stock. FutureFuel Corp. (NYSE:FF) has risen 52.50% since August 14, 2016 and is uptrending. Janus Capital Mgmt Limited Liability owns 752,776 shares. Four equities research analysts have rated the stock with a sell rating , seventeen have assigned a hold rating , fifteen have assigned a buy rating and one has issued a strong buy rating to the stock. (more...)
Liquidator publishes notice for auction of Aamby Valley Liquidator publishes notice for auction of Aamby Valley
- August 14, 2017

However, as per the apex court directive, if the Sahara Group can raise and deposit Rs 1,500 crore before the net date of hearing, the auction process would be withdrawn. The auction, was announced after Sahara failed to deposit dues towards refund to investors. The apex court told Roy that his proposal of paying Rs 1,500 crore if the auction process was halted or postponed, was unbelievable. (more...)
Alliancebernstein LP Increases Stake in EnLink Midstream, LLC (NYSE:ENLC) Alliancebernstein LP Increases Stake in EnLink Midstream, LLC (NYSE:ENLC)
- August 14, 2017

EnLink Midstream, LLC is an integrated midstream company. Neuberger Berman Group LLC now owns 3,747,434 shares of the pipeline company's stock valued at $119,731,000 after buying an additional 1,649,157 shares in the last quarter. Investors sentiment decreased to 1.08 in 2016 Q4. Invesco Ltd holds 1.34M shares or 0.02% of its portfolio. It is negative, as 8 investors sold SMLP shares while 18 reduced holdings. (more...)
The Fiat Chrysler Automobiles NV (NYSE:FCAU) Announces Quarterly Earnings Results The Fiat Chrysler Automobiles NV (NYSE:FCAU) Announces Quarterly Earnings Results
- August 14, 2017

Greenleaf Trust increased its stake in Fiat Chrysler Automobiles N.V.by 6.6% in the first quarter. Several equities analysts have recently weighed in on the company. The stock has a consensus rating of "Hold" and an average target price of $12.55. The firm has "Hold" rating given on Wednesday, August 26 by Zacks. Fiat Chrysler Automobiles N.V. (more...)
California attorney general to sue Trump administration over `sanctuary city' threat California attorney general to sue Trump administration over `sanctuary city' threat
- August 14, 2017

Herrera, who had previously announced San Francisco's lawsuit late Friday, appeared at a press conference with Becerra to highlight their "coordinated effort" against the Trump administration's ongoing crackdown on sanctuary cities. Chicago filed a similar lawsuit August 7 and California is expected to file a similar complaint. "When those threats come at us, we will take them on". (more...)
Wall St rises on inflation data but on track for weekly losses Wall St rises on inflation data but on track for weekly losses
- August 14, 2017

Gold rose 1.2%, while the Swiss franc was on track to post its biggest single day increase against the euro in about two-and-a-half years. While this gave investors some hope after a jittery week, there were still signs of nervousness in choppy late afternoon trading, primarily due to ongoing threats between the U.S. (more...)
African Barrick Gold Ltd (NASDAQ:ABGLF) Downgraded by Zacks Investment Research
- August 14, 2017

Apple Inc. (NASDAQ:AAPL) has risen 62.48% since August 14, 2016 and is uptrending. It has outperformed by 25.67% the S&P500. Barrick Gold Corp's revenue was up 7.4% on a year-over-year basis. It has underperformed by 24.96% the S&P500. Among 47 analysts covering Apple Inc. The recommendation scale measures the value from 1 to 5, where 1 means "Buy" and 5 stands for "Sell". (more...)
Target acquisition bolsters delivery capabilities, brings new VP technology Target acquisition bolsters delivery capabilities, brings new VP technology
- August 14, 2017

Grand Junction is already working with Target on a same-day delivery pilot at the Target store in New York's Tribeca neighborhood. Terms of the deal weren't disclosed. Arthur Valdez, Target's chief supply chain and logistics officer, said the retailer will tap Grand Junction's expertise to roll out that service throughout the city this fall and to other cities next year. (more...)
Houston woman, 20, one of the injured in Charlottesville attack Houston woman, 20, one of the injured in Charlottesville attack
- August 14, 2017

Natalie Romero , 20, from Texas, is now recovering in a hospital in Virginia. Natalie Romero's mother, Ericka Chavez, wants her daughter to come home to heal and that's why she's talking to the media again Monday. She graduated from Bellaire High School in 2016. She was active in the school's JROTC program. The daughter of Colombian immigrants who themselves had participated in JROTC at Lee HS, she was also part of HISD's EMERGE program which identifies the district's highest performing, ... (more...)
Were Analysts Bullish Harmony Gold Mining Co. (ADR) (NYSE:HMY) This Week? Were Analysts Bullish Harmony Gold Mining Co. (ADR) (NYSE:HMY) This Week?
- August 14, 2017

It has underperformed by 34.62% the S&P500. Creative Planning boosted its stake in Gold Fields Limited by 511.5% in the first quarter. Accern also assigned press coverage about the mining company an impact score of 45.5649757130704 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the next several days. (more...)
North Korea talk drags stocks lower; gold, yen rise North Korea talk drags stocks lower; gold, yen rise
- August 14, 2017

Now installed in the White House, Trump issued a new warning to Pyongyang on Friday, tweeting: 'Military solutions are now fully in place, locked and loaded , should North Korea act unwisely'. This week's increase in tension between North Korea and the USA over North Korea's nuclear missile programme is a timely warning for investors to remain diversified, affirms a leading analyst. (more...)
Political tensions continue to weigh on world stocks Political tensions continue to weigh on world stocks
- August 14, 2017

The region-wide Stoxx Europe 600 index, the broadest measure of share prices, was marked around 0.33% lower at 378.62 points in the opening 90 minutes of trading, with benchmarks in Frankfurt and Paris notching similar percentage declines after both suffered their biggest single-day dips since July 21 during the Wednesday session. (more...)
Ryanair wants United Kingdom airports to limit alcohol Ryanair wants United Kingdom airports to limit alcohol
- August 14, 2017

But with the code apparently having little effect, Ryanair urged airports to go further, urging a ban on serving all alcohol in bars and restaurants before 10am, and ensuring boarding cards are produced for purchasing alcoholic drinks, which would be capped at two drinks per passenger. (more...)
Amazon announces that Lovefilm is closing down Amazon announces that Lovefilm is closing down
- August 14, 2017

The service now operates in the United Kingdom and Germany, and will cease operations on October 31st. "In the past years, a growing number of customers have made use of streaming services while the demand for renting DVD and Blu-ray discs has declined at the same time", Amazon said in a statement to Variety . (more...)