Merck beats Street 3Q forecasts, hikes 2016 profit forecast Merck beats Street 3Q forecasts, hikes 2016 profit forecast
- October 26, 2016

Analysts had expected the company to earn $0.99 per share, according figures compiled by Thomson Reuters. Four analysts surveyed by Zacks expected $10.24 billion. Roche is also testing Tecentriq in combination with chemotherapy in NSCLC patients with high and low PD-L1 expression levels, while BMS is hoping that an all-comer trial looking at the combination of its two current immuno-oncology drugs - Opdivo and CTLA4 inhibitor Yervoy (ipilimumab) - could tip the balance in its favour once again. (more...)
Rockwell Collins to buy B/E Aerospace for $6.4 billion
- October 25, 2016

Rockwell Collins , which is based in Cedar Rapids, Iowa, said that with B/E, it will almost double the value of systems it sells for new single-aisle planes by Boeing and Airbus and triple its components in bigger two-aisle planes that are often used on global routes. (more...)
Donald Trump launches attack on First Lady Michelle Obama
- October 24, 2016

Well, not exactly - or, at least, not as Trump presented it. Donald Trump, with his standing among women badly damaged by reports of predatory behavior toward them , is now attacking Michelle Obama, one of the country's most popular political figures. (more...)
Nebraska's jobless rate stable at 3.2 percent in September
- October 23, 2016

Indeed, when the expected seasonal jump in education employment is factored in, the adjusted payroll employment figure actually dropped by 4,500, reflecting this broader weakness. Nonfarm employment grew by 8,392 over the year. MI added 5,400 positions in September, though its unemployment rate rose as more people launched job searches. (more...)
Unemployment rates rose in 3 of 8 US swing states last month
- October 22, 2016

Employment remains steady in Florida as the state's jobless mark held at 4.7 percent for the fifth consecutive month. Sauk County fared better than the state average, which was 4 percent in August. The 5 percent rate was well below the 6.2 percent rate from September 2015. About 800 jobs were lost last month in education and health services, according to the Department of Labor. (more...)
Trump campaign head discounts voter fraud concerns Trump campaign head discounts voter fraud concerns
- October 20, 2016

But sometimes the explanations stretch the bounds of belief. Trump - who has been saying for months that the election is "rigged" against him - never said during the debate he would accept the November 8 outcome. Only later did she become his third campaign manager. Conway has spent the past 10 days or so defending a Trump that doesn't exist. "It is a rigged corrupt system, whether you believe it's rigged and corrupt at the polls, or whether we have a $19 trillion debt and people who ... (more...)
Wells Fargo Under Criminal Investigation in California Over Fake Accounts Wells Fargo Under Criminal Investigation in California Over Fake Accounts
- October 20, 2016

MA follows California, Illinois and OH in pulling its business from Wells Fargo, which agreed to pay $185 million to resolve claims that employees opened accounts consumers didn't know about to boost sales tallies. In addition to the public outcry, Wells Fargo is also facing criticism from former employees who have felt compelled to speak about the toxic work environment. (more...)
New Macbooks Coming To The Market Later This Month
- October 19, 2016

The October event may also unveil or at least announce the refreshed iPad Pro and brand new MacBook Air. Instead, according to a "reliable Chinese supplier", the 13in and 15in laptops will have USB Type-C and Thunderbolt 3 ports, so buyers will be forced to cough up £65 to hook up standard USB devices . (more...)
Oil down 2% as players take profit on Opec-fuelled gains
- October 17, 2016

Last week, crude oil markets got a boost of optimism from the EIA , when the agency reported a 1.9-million-barrel decline in commercial crude inventories to a total of 502.7 million barrels. EDT (1742 GMT). There's little chance the OPEC cartel and nonmember Russian Federation could reach a deal that would result in lower oil production, despite market intrigue and a jump in crude prices as a result of talks of a possible agreement. (more...)
Florida IDs new Miami neighborhood as Zika zone
- October 16, 2016

He and his colleagues worked with a semen sample from a British man recovering from a Zika infection contracted in the Caribbean. Florida Governor Rick Scott announced Thursday that a second Zika transmission zone has been added in Miami-Dade County after five new locally-acquired cases were confirmed by the state's Department of Health. (more...)
England's Jos Buttler given ICC reprimand as Bangladesh players fined
- October 16, 2016

Stokes said: "I said to myself I wanted to try to get this first ODI (hundred) before 2016 finished and I have managed to do it but now I have done that, I won't just be happy with one". The series will be decided in Chittagong on Wednesday. Bangladesh were 169 for seven in the 42nd over and in deep trouble, despite the excellence of Mahmudullah top-scoring with 75. (more...)
Ohio to suspend doing business with Wells Fargo
- October 16, 2016

Andersen, chief investment officer of Boston-based investment-management firm Fiduciary Trust Co. that holds about $25 million of Wells Fargo shares. The bank is being punished for an accounts scandal that involved some of its employees opening up to two million fake accounts for existing customers, in order to boost their sales numbers, to meet Wells Fargo's aggressive sales goals. (more...)
New Wells Fargo CEO Could Bring Positive Changes to Charlotte
- October 16, 2016

Though Wells Fargo didn't specifically cite the scandal in its announcement, it said Stumpf made a decision to "retire" and let a new leader "guide Wells Fargo through its current challenges and take the company forward". "He is a proven leader who knows Wells Fargo's operations deeply, holds the respect of its stakeholders, and is ready to lead the Company into the future". (more...)
Weighted sterling near record low, Brexit focus shifts to High Court
- October 15, 2016

It surged as much as 1.5 percent against the dollar and the euro on Wednesday after British Prime Minister Theresa May said she would seek " maximum possible access " to Europe's single market. Since the British electorate opted to leave the European Union (EU) in the June 23 referendum, the pound has slumped 18 per cent against the United States dollar. (more...)
U.S. doing its level best to save terrorists in Syria
- October 14, 2016

The comment sparked a quick reaction from the Kremlin, with a spokesman saying any action would be welcome provided it targeted "terrorists", not the forces of President Bashar al Assad. "The global community is just watching and doing nothing". There are at least 275,000 people remaining in the decimated city in desperate need of humanitarian aid. (more...)
UK food prices to rise as pound drop stirs grocers dispute
- October 14, 2016

But Tesco had reportedly refused to accept the rises and was locked in a dispute with the supplier, which saw the household names go missing from stores. "We are taking price increases in the UK". Mr Dresser said the Tesco row over prices with Unilever was a pre-cursor to other moves by suppliers to put up the costs of their products. (more...)
Thai PM says succession can wait, crown prince requests time to mourn Thai PM says succession can wait, crown prince requests time to mourn
- October 14, 2016

Prayuth, wearing a black suit and tie, urged vigilance on security in a televised address. His poor health was a cause of concern in a country politically divided since a 2014 military coup but united in its affection for the king. Many were on their knees, weeping. After his passing, Thailand might face instability. The path ahead, however, remains clouded by uncertainty about when the country will return to civilian rule, which will be required for Washington to normalize ties once more. (more...)
Trump trails Clinton by 8 points after tape scandal, debate - Reuters/Ipsos poll
- October 12, 2016

The U.S. election cycle has featured no shortage of candidates sniping at each other, but the attacks went to a new level Sunday with Donald Trump saying he would launch a federal investigation against his opponent, Hillary Clinton. Trump campaign spokeswoman Hope Hicks said in an email Sunday that the campaign paid for Juanita Broaddrick's travel to the debate. He said Clinton focused on "small, petty things" and repeatedly lied. (more...)
Delta Air Lines, Inc.'s (DAL) Delta Air Lines, Inc.'s (DAL)
- October 12, 2016

The company is expected to report its next EPS (earnings per share) on Oct 13 BMO. The 52-week high of the share price is -23.74% and 52-week low of the share price is 22.66%. Additionally, Delta expects passenger revenue per available seat mile to fall by 7% year-over-year in the third quarter vs. prior estimates of a 4% to 6% decline. (more...)
'I got it it wrong': Mike Baird gives greyhound industry another chance 'I got it it wrong': Mike Baird gives greyhound industry another chance
- October 11, 2016

AMID speculation NSW Premier Mike Baird will on Tuesday abandon his controversial greyhound ban, one of the industry's Central West leaders has offered to work with the NSW Government to secure racing's future in the state. The regime will include mandatory life bans and increased jail terms for live baiting and registering greyhounds for their entire lives. There will be tougher penalties for those caught breaking the rules, including life-time bans from the sport and gaol time. (more...)
Sterling plunges almost 10 percent before recouping some losses; stocks slip Sterling plunges almost 10 percent before recouping some losses; stocks slip
- October 10, 2016

Sterling has been "on a precipice since Sunday, since Theresa May and the March Brexit negotiations", said Sean Callow, senior currency strategist at Westpac. A disorderly reaction to possible US interest rate hikes could disrupt capital flows and heighten asset price volatility in Asia, the International Monetary Fund said on Thursday. (more...)
Prince's Paisley Park grand opening in doubt
- October 07, 2016

Fans will not however be able to see Prince's private quarters or the two doves the singer owned who still live in the home - Majesty and Divinity. In addition to opening Paisley Park for tours, Prince's family also finally revealed plans for a tribute concert. (more...)
RBI to announce monetary policy review today RBI to announce monetary policy review today
- October 05, 2016

The MPC said that the decision taken was consistent with an accommodative stance, with the objective of achieving the inflation target. "I agree that the transmission through bank lending has been less than anyone of us would have liked to", Patel told reporters when asked whether banks will cut lending rates after today's cut which is first in six month. (more...)
Petrol price hiked 14 paise a litre, diesel by 10 paise Petrol price hiked 14 paise a litre, diesel by 10 paise
- October 05, 2016

Petrol and diesel prices are deregulated in India, which means they are linked to market rates. After this price revision, petrol in Delhi costs Rs. Petrol price was lately hiked on September 30 by 28 paise a litre while diesel rate was cut by 6 paise per litre in line with worldwide trends. What is left now is how the country intends to advance from the Ghanaian standard towards the European standard which has a lower Sulphur content for Diesel. (more...)
IMF reduces its forecast for US economic growth this year IMF reduces its forecast for US economic growth this year
- October 05, 2016

But while the Washington-based International Monetary Fund said Britain would comfortably avoid recession with growth of 1.8% in 2016, it stuck to its view that the economy would eventually suffer from the shock European Union referendum result and said expansion next year would be just 1.1% - lower than it expected in the immediate aftermath of the Brexit vote. (more...)
In Clinton's path to the White House, Ohio isn't a must-win In Clinton's path to the White House, Ohio isn't a must-win
- October 05, 2016

Giving a speech in Toledo, Clinton says the OH native nicknamed "King James" is a longtime, dedicated advocate for children. But the experts say the size of Trump's losses - almost a billion dollars - makes this case very unusual. The survey came out a day before the vice presidential debate at Longwood University between Sen. Ahead of the second debate next Sunday, Trump's campaign is searching for a way to rattle the typically disciplined Clinton - while also getting control of its own ... (more...)
Hillary Isn't Loyal to Anyone, Not Even to Bill Hillary Isn't Loyal to Anyone, Not Even to Bill
- October 05, 2016

With harsh rhetoric as the brand image of the 2016 USA presidential election, an overwhelming majority of voters have said that this year's race has brought out the worst in people, according to a new poll . "I don't think he can help himself", Scharf said. So, luckily for all of you who need a visual representation of a woman's experience, the first presidential debate between Hillary Clinton and Donald Trump showed what can be like to be a woman in the US, even when you're a former ... (more...)
Deutsche Bank Rebound, Oil Gains Propel Wall Street Higher Deutsche Bank Rebound, Oil Gains Propel Wall Street Higher
- October 05, 2016

Shares in Germany's biggest lender plunged more than 8% early Friday after reports indicated that 10 hedge fund clients are reducing their dealings with the bank. " Deutsche Bank , which is in many ways Germany's flagship bank, is coming under increasing pressure in the wake of being slapped with a $14 billion fine from US regulators and news that hedge funds are selling out", said Richard Perry, market analyst at Hantec Markets, in a note. (more...)
Fed Leaves Rates Unchanged as 3 Members Dissent
- October 04, 2016

The Fed's policymaking committee announced at 6am New Zealand time that it was keeping its key overnight lending rate to a range of 0.25 to 0.5 percent. This is compared with the projections made in June, when the median path for the federal fund rate had been revised down 1/4 to 1/2 percentage point. (more...)
UK Treasury chief warns of turbulence amid Brexit talks
- October 04, 2016

She insisted there would be no unnecessary delays in bringing Brexit to pass - and that Britain would fight any legal challenges meant to derail the move. Asian stock markets closed higher with financials up on easing fears about the future of German giant Deutsche Bank after a source said it was nearing a deal to slash a multi-billion-dollar US fine. (more...)

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