Markets

Markets Crude Oil Gains In Asia As Iraq-Kurdish Tensions Noted
Author: 0 Crude Oil Gains In Asia As Iraq-Kurdish Tensions Noted

Crude oil prices soared in Asia on Monday as tension in between Baghdad and the Kurdish Regional Government in Iraq\'s Kirkuk went up a notch with troops sent to the oil-rich city and investors mulled the impact on trade as President Donald Trump moved to try and decertify a nuclear deal with Iran at the end of last week.

Markets US Indicts Chinese Drug Traffickers in First-Ever Fentanyl Case
Author: 0 US Indicts Chinese Drug Traffickers in First-Ever Fentanyl Case

Two Chinese nationals have been indicted on charges they manufactured tons of fentanyl and other powerful narcotics that were then peddled in the United States, killing at least four people and seriously injuring five others, Justice Department officials announced Tuesday.

Markets Investigation of active shooter on Howard University campus
Author: 0 Investigation of active shooter on Howard University campus

The university warned students and staff via Twitter to shelter in place as Washington, D.C., police search the campus' building. 'Take precautions if in the area'. Police are now conducting a sweep of campus. Students and staff are being told to shelter in place until further notification. University President Wayne A.I.

Markets Kyrie Irving excited about getting to play on Celtics
Author: 0 Kyrie Irving excited about getting to play on Celtics

Perhaps it should come as no surprise that one of the league's premier one-on-one players , prone to passing up a driving lane in favor of a fall away jump shot, would eagerly choose a career path of most resistance. James and Irving had a sometimes rocky relationship during three seasons together, but they made it to three straight NBA Finals and won the title in 2016.

Author: 0 Institutional Ownership And Insider Trading At UnitedHealth Group Incorporated (UNH)

Suntrust Banks Inc. grew its stake in shares of UnitedHealth Group by 8.5% in the first quarter. Adjusted earnings-per-share came in at US$2.66, well above Wall Street's consensus for US$2.56, the company said in a statement . The company's earnings per share was good news for UNH stock by beating out Wall Street's estimate of $2.56 for the quarter. Mizuho maintained UnitedHealth Group Inc (NYSE: UNH ) on Wednesday, October 19 with "Buy" rating.

Markets Combined net worth of America's richest rises to $2.7 trillion
Author: 0 Combined net worth of America's richest rises to $2.7 trillion

Still, Trump's wealth estimation on Forbes' list was higher than for Bloomberg's worldwide billionaires list , which estimated his worth at $2.86 billion. Warren Buffett, remains No. 3 with a fortune worth $78 billion. The report further said that the list of billionaires have a combined total net worth of $2.7 trillion, up from $2.4 trillion in 2016.

Markets Britain's 'Big Four' lose market share to discounters
Author: 0 Britain's 'Big Four' lose market share to discounters

Market leader Tesco PLC ( LON:TSCO ) saw its sales grow 2.1%, while J Sainsbury plc (LON:SBRY) and Wal-Mart's Asda saw growth of 1.9% and 1.8% respectively. Morrisons was, according to Kantar's 12-week figures, the fastest growing of the large retailers, with sales up 2.8% as growing sales in stores were supplemented by e-commerce growth of 29% in London.

Markets Morgan Stanley (MS) Q3 2017 Earnings Beat Boosts Shares
Author: 0 Morgan Stanley (MS) Q3 2017 Earnings Beat Boosts Shares

Based on an average daily volume of 7,599,188 shares, the days-to-cover ratio is now 2.1 days. National Pension Service acquired 65,755 shares as Morgan Stanley (MS)'s stock declined 9.43%. $65.25's average target is 54.77% above currents $42.16 stock price. In other Morgan Stanley news, Chairman James P. Gorman sold 212,366 shares of Morgan Stanley stock in a transaction that occurred on Tuesday, August 1st.

Markets EasyJet Submits Interest In Acquiring Alitalia Assets
Author: 0 EasyJet Submits Interest In Acquiring Alitalia Assets

Alitalia, which declared bankruptcy in May, faces a Monday deadline for binding offers. It is the second time the deadline for Alitalia bids was extended this year. Lufthansa did not provide detailed information, including how much the bid is worth and how much staff it would retain. "The offer includes a concept for a newly structured Alitalia with a focused business model which could develop long-term economic prospects", a statement explained.

Markets United Kingdom interest rates set to rise as inflation hits 3 percent
Author: 0 United Kingdom interest rates set to rise as inflation hits 3 percent

United Kingdom inflation rose to its highest level in more than five years in September, according to official data that could make the Bank of England more likely to raise interest rates next month. Despite coming in shy of expectations, the rate still ensures businesses face a hefty tax hike in 2018 on top of the £23.9 billion the Government is expected to haul in from English firms this year.

Markets WH Smith Plc (SMWH) Price Target Raised to GBX 2150
Author: 0 WH Smith Plc (SMWH) Price Target Raised to GBX 2150

The shares were bought at an average cost of GBX 151 ($2.01) per share, with a total value of £451.49 ($599.91). Acal PLC had 55 analyst reports since July 29, 2015 according to SRatingsIntel. It has a 64.42 P/E ratio. The Company's primary activity is the discovery and production of gas and oil. In other news, insider Andrew Cosslett acquired 99,802 shares of Kingfisher plc stock in a transaction dated Tuesday, October 3rd.

Markets Wells Fargo & Company (WFC) PT Set at $50.00 by Piper Jaffray Companies
Author: 0 Wells Fargo & Company (WFC) PT Set at $50.00 by Piper Jaffray Companies

The company was initiated on Tuesday, May 10 by Piper Jaffray. It provides other financial services through its subsidiaries engaged in various businesses, including wholesale banking, mortgage banking, consumer finance, equipment leasing, agricultural finance, commercial finance, securities brokerage and investment banking, computer and data processing services, investment advisory services, mortgage-backed securities servicing and venture capital investment.

Author: 0 Daimler recalls 400000 Mercedes-Benz cars in the UK

In 2015, the japanese manufacturer Toyota had recalled almost five million vehicles for the same reasons. The recalls covers some 2012-2018 model year A, B, C, and E-Class models and CLA, GLA and GLC vehicles. The fix for the airbag issue takes only an hour to perform. The German auto maker said: 'Cars are safe to drive under normal operating conditions'.

Author: 0 Bombardier to partner with Airbus on CSeries program

Primary CSeries assembly will remain in Quebec , Canada, while a second final assembly line would be established at Airbus' facility in Mobile, Alabama, where Airbus now produces A320s for USA airline customers. "It's a win-win deal for everyone", said the president of Airbus, Tom Enders. Airbus will provide procurement, sales and marketing, and customer support expertise to CSALP, the companies said on Monday.

Author: 0 Wholesale inflation falls to 2.6% in Sept as food items soften

The inflation data released by the government on Monday showed that inflation in food articles narrowed to 2.04 percent during the month, from 5.75 percent in August. "A favourable base effect aided the moderation in inflation for fuel and power, despite the recent rise in prices of petrol, diesel, ATF and other fuels".

Markets Storm Ophelia - Ongoing vigilance needed,
Author: 0 Storm Ophelia - Ongoing vigilance needed,

Services will be withdrawn from 10 am and resume around 7pm, provided it is safe to do so. Dublin Bus said the decision was made to ensure the safety of their customers and staff. "Earlier today an incident occurred in the Luas Depot, Red Cow, Clondalkin". According to NASA "Ophelia is likely to be the most potent storm to reach Ireland since Hurricane Gordon in 2006".

Markets Nordstrom Suspends Plan to Take Company Private
Author: 0 Nordstrom Suspends Plan to Take Company Private

The firm has "Buy" rating by KeyBanc Capital Markets given on Wednesday, October 11. JWN has been the topic of several other reports. Wolfe Research lifted their price objective on shares of Nordstrom from $45.00 to $47.00 and gave the company an "outperform" rating in a research note on Friday, August 11th.

Markets New train arrives in Oxfordshire - 27 minutes late
Author: 0 New train arrives in Oxfordshire - 27 minutes late

It arrived at London Paddington 41 minutes late. An area of first class seating was closed off owing to water leakage from the air-conditioning, a problem which also affected a small area in standard class. "We have had our technical hitches on one train, whilst the other has been fine, and it is frustrating for us", said Boswell. 'This going to be a fantastic service, really regular trains and far more capacity'.

Author: 0 The Weinstein Company in talks on possible sale

Harvey Weinstein was sacked from the film and television studio that bears his name on October 8 after dozens of women came forward to accuse him of sexual harassment and three women accused him of rape. "We believe that Colony's investment and sponsorship will help stabilize the Company's current operations, as well as provide comfort to our critical distribution, production and talent partners around the world", he said.