Markets


Trump to sign executive orders targeting trade abuses Trump to sign executive orders targeting trade abuses
- April 03, 2017

However, Ross said the presence of a deficit does not necessarily mean that retaliatory or remedial action would be taken. That's not quite how things usually work, considering Trump likes to have the press take photos of him signing executive orders. (more...)
S. Korea hails new United States sanctions on N
- April 03, 2017

It is also unclear what the United States might do on its own to deflect North Korea from the expansion of its nuclear capabilities and from the development of missiles with ever-longer ranges and the capacity to deliver atomic warheads. They are connected to North Korean corporations and banks sanctioned either by the US or the UN. It also assigns the executive authority to regard the purchasing or acquisition of North Korean food, farming, fishing, and textile products or the provision of ... (more...)
Top Democrat on House panel says he has seen controversial intel reports Top Democrat on House panel says he has seen controversial intel reports
- April 02, 2017

Rep. Adam Schiff says the White House has not explained why the materials were shared with only one member of the committee, chairman Devin Nunes . On Friday, White House press secretary Sean Spicer continued to deflect questions regarding Chairman Nunes' handling of classified information, but did defend his visit to the White House to view classified documents as "routine and proper". (more...)
Denver weather forecast for today, April 1: Ugh, snow probably Denver weather forecast for today, April 1: Ugh, snow probably
- April 02, 2017

Meteorologists with Gazette news partner KKTV said it's likely that "the main center of the storm is situated a bit too far to the southwest to give the Pikes Peak Region huge snow totals". Rain could turn heavy especially during the evening as a low pressure develops and slides south of the city. You can follow my updates on Twitter at @ growingwisdom . (more...)
US stock indexes mostly down in afternoon trading; oil rises
- April 02, 2017

On the economic front, personal income for February matched estimates, at 0.4% growth, while consumer spending just missed predictions, climbing 0.1%. The stock climbed $5.45 to $17.40. Shares in FMC got a lift after the company agreed to buy part of DuPont's crop-protection business. ( FMC ) in exchange for $1.2 billion in cash and FMC Health and Nutrition. (more...)
If you live in Gibraltar, tell us what you think about Brexit If you live in Gibraltar, tell us what you think about Brexit
- April 01, 2017

Britain and Spain have engaged in centuries of squabbling over the territorial status of "the rock", and the EU's stance is likely to intensify those arguments. Spain's Foreign Minister, Alfonso Dastis, has told a leading German newspaper that Madrid will not be taking "any type of punitive measures" at the border with Gibraltar after Brexit. (more...)
Trump shakes up White House staff after setbacks
- March 31, 2017

Walsh was one of the few women holding a senior role in the Trump White House and was seen as a strong force for organization, though some Trump loyalists viewed her with suspicion because of her roots in the Republican establishment. All three believed that she is the right person to give the administration the "air cover" it so desperately needs - and has been missing thus far. CNN quoted a White House source who called the move a "tremendous loss", noting White House insiders were ... (more...)
Trump has seen the enemy and it is the House Freedom Caucus Trump has seen the enemy and it is the House Freedom Caucus
- March 31, 2017

But in the end, majority decided it wasn't enough and said they'd vote against the bill. In a Twitter post , Trump took aim at the Freedom Caucus , a bloc of the most conservative Republicans in the U.S. Under the compromise proposal, the original "bathroom Bill" would be repealed, but the new proposal would not extend to multi-stall restrooms and it would also not extend to places of work, hotels or restaurants until 2020. (more...)
Easter Bunny booked for train ride Easter Bunny booked for train ride
- March 29, 2017

For a lot of us, when we were kids, decorating an extra-fancy Easter egg meant drawing on a plain egg with a white crayon, then dunking it in dye and hoping for the best. Times are 11 to 11:45 a.m. for ages 2-3, 3 to 4:15 p.m. for ages 3-5, and 4:30 to 5:45 pm. for ages 6-10. To register, go to www.register.chronotrack.com/r/24488 . (more...)
CBN Orders BTAs, PTAs, Medicals, School Fees At 360 Naira Per Dollar CBN Orders BTAs, PTAs, Medicals, School Fees At 360 Naira Per Dollar
- March 28, 2017

The apex bank further stated that it would send examiners to banks to ensure the new rates are implemented, warning that all DMBs are prohibited from selling forex meant for invisibles to Bureau De change (BDCs). " Banks are to post the new rates in the banking halls of their branches immediately ". Daily Sun findings reveal that most forex hoarders who hitherto calculated that the apex bank's interventions were not sustainable have continued to record heavy losses with the latest ... (more...)
Trump Has Visited His Golf Courses 13 Times as President Trump Has Visited His Golf Courses 13 Times as President
- March 28, 2017

But photographs posted on social media Saturday afternoon showed Trump in golf attire, including cleats, and traveling around the property in a golf cart. He has done so on 21 of the 66 days he has been in office, according to the Washington Post . President Donald Trump has already been criticized for spending so much time on the golf links, but that didn't stop him from spending last weekend at one of his own golf courses. (more...)
Ivanka Trump brand sued for 'unfair' competition Ivanka Trump brand sued for 'unfair' competition
- March 22, 2017

In a statement reported by Politico , Trump said: "I will continue to offer my father my candid advice and counsel, as I have for my entire life". On Friday she participated in a meeting of the US president and German Chancellor Angela Merkel with the CEOs of USA and German companies to discuss workplace development, sitting beside Merkel during the discussion. (more...)
Uber president Jeff Jones resigns Uber president Jeff Jones resigns
- March 22, 2017

That culture has been in the spotlight in recent weeks amid allegations of sexual harassment at the company, a lawsuit accusing Uber of using stolen technology and a video showing Kalanick arguing with an Uber driver. "I can no longer continue as president of the ride sharing business", Jones said. His team is collecting information through interviews and anonymous tip lines, with findings expected at the end of April. (more...)
French candidates face off in first debate
- March 22, 2017

A Harris Interactive poll on Tuesday showed that centrist Macron had been the most convincing candidate in Monday's first French TV presidential debate, adding weight to two other polls that reached a similar conclusion. France's turbulent presidential campaign remained in focus for global investors, who have been concerned about the potential for a populist backlash following last year's surprise votes for Brexit in Britain and for Trump in the United States. (more...)
UK Inflation, Fed-Speak and French Elections as Price Action Drivers UK Inflation, Fed-Speak and French Elections as Price Action Drivers
- March 22, 2017

Yesterday, we heard from Mr. Charlie Evans, and Mr. Evans is a noted "dove" on the Federal Reserve. With inflation on the rise some MPC members believe that a rate hike would be needed sooner than later, but how many MPC members will join Ms. (more...)
Gold Prices at Pivotal Support Ahead of the Fed Gold Prices at Pivotal Support Ahead of the Fed
- March 19, 2017

MSCI's all-country world stock index gained 0.7 percent. That helped Amsterdam's AEX stock index climb to its highest level in more than nine years, while both Germany's DAX and France's CAC 40 hit their highest levels since mid-2015 as fears eased that the euro zone was heading inexorably towards a break-up. (more...)
Asian stocks climb after Fed move; dollar drops: Markets wrap Asian stocks climb after Fed move; dollar drops: Markets wrap
- March 17, 2017

Oil topped $49 a barrel. The Fed duly met those expectations, noting that near-term risks to the United States economic outlook appeared "roughly balanced" and continuing to signal that "gradual" increases in the federal funds rate was likely. (more...)
Real Estate Investors (LON:RLE) Broker Updates
- March 17, 2017

Knoll, Inc. (KNL) failed to surprise the stock market in its last reported earnings when it earned $0.44 a piece versus the consensus-estimated $0.44. The company reported its last quarter on Dec 16. The firm had revenue of $76.90 million for the quarter, compared to the consensus estimate of $77.56 million. (more...)
BBC team among injured in Etna volcano drama BBC team among injured in Etna volcano drama
- March 17, 2017

She tweeted: "Caught up in incident at Mount Etna - bbc crew & tourists caught up in huge explosion - caused injuries and evacuation from scene". Rebecca Morelle , the BBC's science correspondent wrote on Twitter: "BBC team all ok - some cuts/ bruises and burns ". (more...)
Russian Federation denies Yahoo hack involvement Russian Federation denies Yahoo hack involvement
- March 17, 2017

The indictments , which are the result of a two-year investigation conducted by the San Francisco branch of the FBI with the help of global law enforcement, will be part of the largest hacking case ever brought by the United States. The Justice Department was expected to publicly announce the charges on Wednesday. McCord said the hackers targeted the accounts of government officials from both Russian Federation and the United States, as well as journalists, financial services ... (more...)
Bill Ackman finally accepted defeat on Valeant Pharmaceuticals International, Inc. (NYSE:VRX) Bill Ackman finally accepted defeat on Valeant Pharmaceuticals International, Inc. (NYSE:VRX)
- March 15, 2017

Valeant Pharmaceuticals Intl Inc (NYSE: VRX ) (TSE: VRX ) reached a new 52-week low during trading on Tuesday after BMO Capital Markets lowered their price target on the stock from $19.00 to $15.00. The headquarters of Valeant Pharmaceuticals International Inc .in Laval, Quebec. In the trailing 12 months period, return on assets ratio of the Company was -5.20% and return on equity ratio was -52.70% while its return on investment ratio was -1.60%. (more...)
Gander Mountain files for bankruptcy, Germantown store to close — Milwaukee Business Journal Gander Mountain files for bankruptcy, Germantown store to close — Milwaukee Business Journal
- March 12, 2017

Closing of the Charleston store is expected to affect about 20 to 30 full-time employees, along with another 20 to 30 part-time and seasonal workers. The store's manager directed all questions to the St. A Chapter 11 bankruptcy is generally referred to as a "reorganization" bankruptcy, according to the U.S. Courts website. Reuters reported almost a month ago that Gander Mountain was close to filing Chapter 11 bankruptcy. (more...)
The Fed: Yellen Talks Rates The Fed: Yellen Talks Rates
- March 07, 2017

Yellen's signal of a likely rate hike this month reflects an encouraging conclusion by the Fed: That almost eight years after the Great Recession ended, the USA economy has finally regained most of its health. She said the Fed's employment goal had largely been met and inflation was perking up. "Foreign growth is on more solid footing and risks to the outlook are as close to balanced as they have been for some time", Brainard said March 1. (more...)
Peugeot poised to buy GM's Opel, creating European auto giant
- March 05, 2017

After a couple weeks of back-and-forth negotiations, the board of PSA has reportedly agreed to purchase Opel, along with its British sister brand Vauxhall, from GM. The deal "will be sealed on Monday morning in France and in Germany", the source said, adding that both sides "were very enthusiastic and satisfied". (more...)
General Electric Company (GE) Shares Sold by Pitcairn Co General Electric Company (GE) Shares Sold by Pitcairn Co
- March 05, 2017

First Pacific Advisors LLC now owns 10,649,460 shares of the company's stock valued at $335,245,000 after buying an additional 253,960 shares during the period. Stockholders of record on Monday, February 27th will be paid a $0.24 dividend. This represents a $0.96 annualized dividend and a dividend yield of 3.19%. (more...)
United States dollar rises on Fed officials' comments
- March 04, 2017

The drop follows comments from Federal Reserve Governor Lael Brainard, who stated that an interest rate increase would likely be sooner rather than later. As such, any meaningful attempt to guide the probability significantly lower risks triggering quite a chorus of complaints about inconsistent Fed messaging. (more...)
Young immigrant detained shortly after speaking at news conference Young immigrant detained shortly after speaking at news conference
- March 03, 2017

Peterson hopes proof of Vargas' DACA application will persuade ICE officials to allow her to remain in the country. But they say Vargas has been in the US since her parents brought her here from Argentina at the age of 7. News of ICE, or Immigration and Customs Enforcement, raids across the country have caused panic and fear from undocumented immigrants and their families. (more...)
Oil in Global Economy Series: Is Saudi Arabia bypassing OPEC deal? Oil in Global Economy Series: Is Saudi Arabia bypassing OPEC deal?
- March 03, 2017

Sentiment in the oil market remains balanced between growing inventories in the US and rising output from USA shale producers, and the hopes that somehow OPEC's plan to cut production will eventually start to trim the global supply glut. Michael Wittner, global head of oil research at Société Générale, said: "US inventories moved directionally in line with expectations, and with relatively small stock changes across the board". (more...)
The FCC Just Blocked Privacy Protections For Comcast And Verizon Customers
- March 03, 2017

According to an FCC statement, it will work with the FTC "to create a comprehensive and consistent framework for protecting Americans' online privacy". "All actors in the online space should be subject to the same rules, enforced by the same agency", they said. Included in that agenda is a notice of proposed rulemaking that would allow phone service providers to block calls from "spoofed" numbers, which disguise the source of certain robocalls. (more...)
Ben Carson Confirmed As Secretary Of Housing And Urban Development Ben Carson Confirmed As Secretary Of Housing And Urban Development
- March 03, 2017

Answering critics who questioned his qualifications to run HUD, Carson said during his January nomination hearing that he would go on a " listening tour " so he could gain feedback on how to reform the massive and complex department. "We're going to do great things in our African-American communities", he added. "Now it will have someone famous for spouting intolerance atop an agency charged with ensuring fair housing and helping Americans facing poverty and homelessness - including the 29 ... (more...)