Business


FTSE ends down as shares hit by US-North Korea tensions FTSE ends down as shares hit by US-North Korea tensions
- August 14, 2017

While stocks have declined this week, the sell-off has not been dramatic. North Korea responded with a statement by its official KCNA news agency claiming Trump is "driving" the Korean peninsula to the "brink of a nuclear war". So far the measured decline in global stocks suggests investors buy that scenario. Fawad Razaqzada, technical analyst at FOREX.com, said geopolitics will continue to dominate investor sentiment over the short-term. (more...)
Morgan Stanley Reaffirms Overweight Rating for Royal Dutch Shell Plc (RDSA) Morgan Stanley Reaffirms Overweight Rating for Royal Dutch Shell Plc (RDSA)
- August 14, 2017

Lastly, Goldman Sachs Group, (The) raised their price objective on Royal Dutch Shell from GBX 2,440 ($31.77) to GBX 2,490 ($32.43) and issued the shares a buy recommendation in a study note published on early Thur, Jul 13th. 7/17/2017 - Royal Dutch Shell Plc had its "overweight" rating reaffirmed by analysts at Morgan Stanley. Royal Dutch Shell Plc ( RDSB ) opened at 2183.00 on Wednesday. (more...)
Asia stocks gain after Japan GDP beats expectations Asia stocks gain after Japan GDP beats expectations
- August 14, 2017

The market headed south as investors returned from a three-day holiday weekend in Japan after geopolitical tensions dented overseas markets on Friday. In individual stocks, Australia's Bendigo and Adelaide Bank rose 6.13% after the bank reported full-year net profit after tax attributable to owners rose 3.4%. (more...)
Korea not 'imminent' - Central Intelligence Agency chief Korea not 'imminent' - Central Intelligence Agency chief
- August 14, 2017

Mike Pompeo said Pyongyang was moving at an "ever-alarming rate" with its weapons programme and another missile test would not be surprising. Expanded cooperation is expected to be stipulated in a joint statement to be issued after a so-called "two-plus-two" security meeting of their foreign and defense chiefs in Washington on Thursday, the source said. (more...)
Man dies in fire after saving wife, children from burning auto Man dies in fire after saving wife, children from burning auto
- August 14, 2017

The auto caught fire around 2 a.m. when it reached near a toll gate on the highway at Madukkarai in Coimbatore District. A 38-year-old man from Bengaluru on Sunday saved his wife and two children from his burning vehicle here, but himself died in the fire as he could not undo his seat belt in time. (more...)
Chinese retail sales, fixed asset investment slow in July Chinese retail sales, fixed asset investment slow in July
- August 14, 2017

Output by Chinese factories and workshops slowed sharply in July, growing by a lower-than-expected 6.4 per cent compared to the same month previous year, official figures showed today. Even so, strength in sectors like steel was unlikely to last. Although activity and spending came in below expectations, reversing most of improvement seen at the end of the second quarter, industrial production looks unsustainably strong given the growing headwinds to investment growth from policy tightening, ... (more...)
North Korea Threat Casts an Ominous Cloud -- Here's Where Wall Street Stands North Korea Threat Casts an Ominous Cloud -- Here's Where Wall Street Stands
- August 14, 2017

Market expectations for a December rate hike fell after the CPI data was released. The last time the S&P closed down more than 1 percent was May 17. Macy's was down 4.4 percent after the company said its sales continued to decline in the second quarter. The Federal Reserve's hint about unwinding balance sheets, the possibility of the European Central Bank tapering stimulus and the looming debate about the USA debt ceiling in the fall challenge the market's recent performance, Mr. (more...)
Markets turn to green as Sensex, Nifty open on positive note Markets turn to green as Sensex, Nifty open on positive note
- August 14, 2017

On 30-share benchmark, among top gainers were Adani Ports (4.85%), Cipla (4.04%), Tata Steel (2.36%), Reliance Industries (1.57%) and Hero MotoCorp (1.47%). MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.4 per cent. The wider 51-scrip Nifty of the National Stock Exchange (NSE) was also trading 96.20 points or 0.98 per cent lower at 9,724.05 points. (more...)
July wholesale inflation rises to 1.88% July wholesale inflation rises to 1.88%
- August 14, 2017

Apart from vegetables, the food articles which saw rise in prices include egg, meat and fish where inflation stood at 3.30 per cent. Fruits saw inflation at 2.71 per cent, cereals (0.63 per cent) and paddy (3.47 per cent). Earlier this month, the Reserve Bank cut policy repo rate by 0.25 per cent to 6 per cent citing reduction in inflation risk. But the RBI retained its "neutral stance" and warned inflation could pick up again. (more...)
Marvel, 'Star Wars' Films Still in Discussion — Netflix Disney Movies Marvel, 'Star Wars' Films Still in Discussion — Netflix Disney Movies
- August 14, 2017

Due to the plans, Disney said it would no longer offer its films on Netflix beginning with the 2019 film slate. It will start putting the movies on a new Disney-branded online service that year. Disney has turned Marvel into a superhero hit machine and by owning a stable of characters and franchises of its own, Netflix is aiming to cut the nearly $16bn it has committed over the next five years to mostly paying producers for films and TV shows. (more...)
Japan GDP Jumps 1.0% In Q2 Japan GDP Jumps 1.0% In Q2
- August 14, 2017

Japan's GDP in the II quarter increased by 4% compared to the same period previous year, according to preliminary data of the government. Nominal GDP jumped 1.1% on quarter, beating forecasts for an increase of 0.7% following the 0.3% decline in the previous three months. (more...)
Korean leader urges N. Korea, US to resolve ongoing stalemate peacefully
- August 14, 2017

Pompeo said "there's nothing imminent today", in response to a question about how anxious should people be over the escalating tensions, on " Fox News Sunday ". A South Korean presidential adviser expressed concern about President Donald Trump's recent threats to the North, breaking the new administration's silence on the escalating rhetoric between the two sides. (more...)
Century Aluminum Company (NASDAQ:CENX) Downgraded by BidaskClub to "Hold"
- August 14, 2017

The industrial products company reported $0.01 EPS for the quarter, missing analysts' consensus estimates of $0.29 by $0.28. It has a 27.08 P/E ratio. The firm earned "Market Perform" rating on Friday, February 19 by Cowen & Co. The firm is scheduled to report its next earnings report after the market closes on Wednesday, August 2nd. (more...)
A Deeper Look into the Charts For PTB Group Ltd
- August 14, 2017

Lastly, when the price is above the cloud, then the top of the cloud will act as a general support level, and when price is below, the cloud base will act as resistance. The latest reading places the stock above the Ichimoku cloud which indicates positive momentum and a potential buy signal. Investors may be watching other technical indicators such as the Williams Percent Range or Williams %R. (more...)
Markets slide, dollar slumps as North Korea fears spike
- August 14, 2017

The sell-off is likely to extend into the European session today , with financial spreadbetter CMC Markets expecting Germany's DAX and France's CAC 40 to open down about 0.7% each and Britain's FTSE 100 to start 0.55% lower. The pan-European FTSEurofirst 300 index .FTEU3 lost 1.19 percent. The Swiss franc had also risen more than 1 percent against the euro on Wednesday, recording one of its largest single-day jumps against the euro since the Swiss National Bank removed its cap on the ... (more...)
Krishna Janmashtami will be observed by citizens at various nodes Krishna Janmashtami will be observed by citizens at various nodes
- August 14, 2017

It falls on the eighth day of the Krishna Paksha in the holy month of Shravana. The "shubh muhurat" for the festival will begin at 12:03 am on August 14 and will continue till 12:25am on August 15. "There is no meaning in celebrating Janmashtami without all star signs coinciding as per the Krishna Panchanga". Once the Puja (offering) is over, the Prasad is distributed among the devotees to end the fast. (more...)
Amazon reportedly issues recall on some solar eclipse glasses Amazon reportedly issues recall on some solar eclipse glasses
- August 14, 2017

Sales of eclipse glasses have been hot ahead of the August 21 event, when the moon will pass in front of the sun, completely blotting it out for those along a 70-mile-wide corridor stretching across the contiguous United States. The American Astronomical Society has listed manufacturers of eclipse glasses on their site, which are verified to be compliant with the ISO 12312-2 global safety standard. (more...)
Global stocks selloff stops at Wall Street; gold, yen tick up Global stocks selloff stops at Wall Street; gold, yen tick up
- August 14, 2017

Reuters data show a 22 per cent perceived chance for a rate hike after the Fed's December meeting. He added that in China, the US and South Korea , stocks that are showing the biggest declines since the rise of tensions between the USA and North Korea are the companies that have risen most since June. (more...)
Stocks plunge amid growing North Korean-US tensions, gold continues rise Stocks plunge amid growing North Korean-US tensions, gold continues rise
- August 14, 2017

In commodities, oil prices slid on doubts over whether OPEC production cuts are draining a global supply glut. The FTSE 250 dropped 0.4 per cent to 19,875.03. FASHIONABLE RESULTS: Investors cheered Ralph Lauren's latest quarterly results, sending the designer clothing company's shares up 11% to $86.74. Kohl's also declined, sliding $3.62, or 8.6 percent, to $38.31. (more...)
Trump's approval rating rebounds amid North Korea tensions
- August 14, 2017

The new rating marks Trump's highest approval the poll has recorded since July 12. Several Twitter users have over the last 24 hours reported Trump's tweet , which threatened violence against North Korea. On Friday, the Chinese government said it would remain neutral if North Korea attacks the United States, but warned it would defend its Asian neighbor if the USA strikes first and tries to overthrow Kim Jong Un's regime, Beijing state media reported. (more...)
Vista Outdoor Inc. (NYSE:VSTO) Sees Unusual Trading Volume in Its Shares
- August 14, 2017

The original version of this piece of content can be accessed at https://www.thecerbatgem.com/2017/08/11/vista-outdoor-inc-vsto-given-consensus-recommendation-of-hold-by-brokerages-updated-updated.html. 02/13/2017 - Vista Outdoor Inc. was downgraded to "hold" by analysts at Forward View Consulting. TRADEMARK VIOLATION WARNING: " Vista Outdoor Inc". (more...)
Gold Prices Go Up On Rising US-North Korea Tensions Gold Prices Go Up On Rising US-North Korea Tensions
- August 14, 2017

Positive sentiment was also generated by a report from the Labor Department showing a modest uptick in consumer prices in the month of July. The company has been fairly consistent in increasing production and said recently that it expected to achieve the top end of its production guidance for 2017. (more...)
Global shares mostly lower on rising unease over North Korea
- August 14, 2017

The broad-based S&P 500 dropped 0.2 percent to 2474.92 points, and the Nasdaq dropped 0.2 percent to 6370.46 points. "It looks like a technical correction, but if there's more bad news in the days to come, or if geopolitical tensions escalate, this short-term correction could become a major correction for stock markets here and globally", CMC Markets analyst Margaret Yang said. (more...)
Kimberly-Clark Corporation (KMB) Holdings Decreased by Proshare Advisors LLC Kimberly-Clark Corporation (KMB) Holdings Decreased by Proshare Advisors LLC
- August 14, 2017

The value of the position overall is down by 3.1%. The stock declined 0.07% or $0.08 reaching $120.99 on the news. Another trade for 5,081 shares valued at $659,615 was made by MacQuillan Sandra on Saturday, April 29. On Tuesday, October 25 the stock rating was maintained by UBS with "Neutral". They now have a $119.00 target price on the stock, down from their previous target price of $120.00. (more...)
US Stocks Post Weekly Decline US Stocks Post Weekly Decline
- August 14, 2017

Markets saw a tentative recovery in risk appetite in overnight US and early Asian trading, but anxiety mounted again as Asian stocks fell back and London, Frankfurt and Paris dropped 0.5-1.2 percent in Europe. is prepared to take military action against North Korea. On the Nasdaq , 1,440 issues fell and 1,386 advanced. Gold and bond prices were headed higher. (more...)
Gold Fields Ltd. (GFI) hit its 1-Year High price on 08/12/16
- August 14, 2017

Bank of Montreal Can's holdings in Gold Fields Limited were worth $1,923,000 as of its most recent filing with the SEC. A number of other large investors also recently added to or reduced their stakes in GFI. The correct version of this article can be viewed at https://baseballnewssource.com/markets/somewhat-positive-news-coverage-somewhat-unlikely-to-affect-gold-fields-limited-gfi-stock-price-updated-updated-updated/1205001.html. (more...)
Lukaku scores on United debut Lukaku scores on United debut
- August 14, 2017

But on a positive note, United clinched the EFL Cup and the UEFA Europa League last season, the latter of which ensured their entry to the UEFA Champions League, courtesy a 2-0 win over Ajax of Netherlands. Or do I think I'm going to win it because I always win in the second season? "To try to develop things that we normally don't do and in this moment there are so many teams playing with three in the back and wing-backs that probably sometimes we have to play that way. (more...)
US stocks fall in early trading amid US-North Korea tensions US stocks fall in early trading amid US-North Korea tensions
- August 14, 2017

Pan American Silver Corp, which reported second quarter results, rallied 11.8 percent to C$22.69. Japan said on Tuesday it was possible that North Korea had already developed nuclear warheads and warned of an acute threat posed by its weapons programmes as Pyongyang's continues missile and nuclear tests in defiance of United Nations sanctions. (more...)
Nuveen California Municipal Value Fund 2 of Beneficial Interest
- August 14, 2017

The company had a trading volume of 2,211 shares. NUVEEN MASS PRE ( NMT ) traded up 0.68% during midday trading on Friday, reaching $14.04. The company's 50 day moving average is $14.02 and its 200-day moving average is $13.83. If you are accessing this piece on another website, it was stolen and reposted in violation of USA and global copyright and trademark legislation. Nuveen Enhanced Municipal Value Fund of Beneficial Interest has decreased its dividend payment by an average of ... (more...)
Cabot Oil & Gas Corporation (COG) Investment Increased by Primecap Management Co/ca
- August 14, 2017

Proquest Associates Iv Llc who had been investing in Eagle Pharmaceuticals Inc. for a number of months, seems to be less bullish one the $765.98M market cap company. Investors sentiment decreased to 1.27 in Q4 2016. Its down 0.13, from 1.4 in 2016Q3. 82 funds opened positions while 160 raised stakes. 433.38 million shares or 3.08% more from 420.44 million shares in 2016Q3 were reported. (more...)