Markets stir as Yellen eyes case for rate rise

Analysts say the timing of the next rate hike is likely to hinge on the strength of new economic data in coming weeks - particularly the job numbers due out in the first week of September and inflation data, which has remained below the Fed's targe... More..

by | Published more than a month ago
J P Morgan Chase & Co (JPM) Shares are Up 0.55%
by | Tuesday, August 30, 2016

J P Morgan Chase & Co (JPM) Shares are Up 0.55%

The company's 50-day moving average is $64.68 and its two hundred day average is $61.95. In JPMorgan Chase & Co. GW&K Investment Management LLC's holdings in JPMorgan Chase & Co. The median 12-month price tar...More..

Sam Allardyce's first England squad confirmed: Joe Hart included, United's Rashford omitted
by | Tuesday, August 30, 2016

Sam Allardyce's first England squad confirmed: Joe Hart included, United's Rashford omitted

Allardyce pointed to England's cricket and rugby teams as examples of national sides who have successfully integrated foreign-born players into their squads. Barely anybody noticed that Phil Jagielka had been...More..

United States stocks rally after Yellen's speech
by | Tuesday, August 30, 2016

United States stocks rally after Yellen's speech

Michael Gapen, an economist at Barclays, commented in a report that Federal Reserve's Chair Janet Yellen's comments reinforces his prior view that an interest rate hike is a likely outcome when Federal Reserv...More..

by | Tuesday, August 30, 2016

Yellen Hints at Rate Hike While Global Trade Stalls Out

She pointed to steady gains in employment and strength in consumer spending. "The yen will underperform while Fed expectations remain high", said Imre Speizer, a market strategist at Westpac Banking Corp.in A...More..

Active Mover: Oasis Petroleum Inc.'s (OAS)
by | Tuesday, August 30, 2016

Active Mover: Oasis Petroleum Inc.'s (OAS)

The stock recorded a low of $9.51 and closed the trading day at $9.59, in the green by 0.52%. Oasis Petroleum Inc .'s (OAS) ended its day with a gain of 0.52% and finalized at the price of $9.59. The stock v...More..

PG&E Seeks Proposals From California Renewables Developers
by | Tuesday, August 30, 2016

PG&E Seeks Proposals From California Renewables Developers

Contributions made by distributed solar photovoltaic (PV) installations on residential rooftops were also considered. The report also found that non-hydro renewable generation has increased steadily each year...More..

by | Tuesday, August 30, 2016

Donald Trump stand-ins struggle to speak for, defend nominee

She is stressing the need to fully integrate mental health services into the US health care system. Trump running mate Mike Pence gave the GOP nominee some wiggle room on actually implementing that deporta...More..

by | Tuesday, August 30, 2016

Trump, Pence to visit flooded Louisiana as governor warns against 'photo op'

In an editorial published Wednesday, The Advocate newspaper in Baton Rouge called on Obama to visit "the most anguished state in the union". However, a spokesman for the governor dismissed Trump's visit as ...More..

by | Tuesday, August 30, 2016

Victoria Is Banning Fracking Because Of The Health And Environment Risks

Until the legislation is passed by state parliament, the current moratorium on unconventional onshore gas exploration and development will stay in place. "The problem is we don't now have an alternative", he sa...More..

by | Tuesday, August 30, 2016

Oreo's Mondelez ceases talks to buy Hershey

Mondelez International Inc. ended its bid to acquire Hershey Co. after the famed chocolate-bar maker rebuffed a new takeover offer and indicated it would be hard to strike a deal before next year. Mondelez s...More..

Tesla boosts battery range, Elon Musk promises 'fastest car in the world'
by | Tuesday, August 30, 2016

Tesla boosts battery range, Elon Musk promises 'fastest car in the world'

The new Model X P100D is capable of 289 miles, up from 250 miles on the previous Model X P90D. Tesla claims the Model S flagship is the third fastest accelerating production vehicle ever produced, reaching 60 m...More..

Traffic deaths rose a whopping 7.2 percent in 2015
by | Tuesday, August 30, 2016

Traffic deaths rose a whopping 7.2 percent in 2015

That's the largest single-year increase in a half century. "DOT is aggressively seeking ways to improve safety on the roads", Rosekind and DJ Patil, a White House Deputy Chief Technology Officer for Data Poli...More..

Generics creep in as Teva loses two Copaxone patents
by | Tuesday, August 30, 2016

Generics creep in as Teva loses two Copaxone patents

The return on assets for Teva Pharmaceutical Industries Limited stands at 2.50%, (ROA - calculated by dividing the total annual earnings by the company's total assets - illustrates how profitable a company ...More..

by | Tuesday, August 30, 2016

Ceasefire comes into effect in Colombia

The ceasefire at midnight local time (05:00 GMT Monday) came after four years of peace talks in Cuba between the Farc and the government. The closing deal on stopping the 52-year old war will be signed. Under...More..

by | Tuesday, August 30, 2016

After decades of strife, cease-fire takes effect today in Colombia

Sanchez's right-wing Democratic Center party, headed by former President Alvaro Uribe, is opposed to the accords but the mayor said he is willing to initially give the guerrillas the benefit of the doubt and ov...More..

EpiPen Maker Hopes A Generic Version Will End The Pricing Controversy
by | Tuesday, August 30, 2016

EpiPen Maker Hopes A Generic Version Will End The Pricing Controversy

The generic product will deliver the same dosage of epinephrine as an EpiPen , and a higher strength and lower strength dose will also be available. After becoming immersed in controversy over sharp drug pri...More..

by | Tuesday, August 30, 2016

Wall Street rises as hawkish Fed boosts financial stocks

Raising interest rates from their rock-bottom levels, where they have been since the 2008 financial crisis, could be a good thing not only for markets but for savers, said Rob Lutts, chief investment officer of...More..

USA trade talks have failed, German economy minister says
by | Tuesday, August 30, 2016

USA trade talks have failed, German economy minister says

He also publically declared that the proposed Transatlantic Trade and Investment Partnership (TTIP) is now dead in the water. Talks aimed at setting up a U.S. In Washington, there was no immediate comment fro...More..

Fed's Yellen offers dose of uncertainty to markets hungry for a clue
by | Tuesday, August 30, 2016

Fed's Yellen offers dose of uncertainty to markets hungry for a clue

This means that after markets price in the reaction to Janet Yellen's speech at the start of the week, we could see volumes drop off in the lead up to Friday's non-farm payrolls (NFP) number. inflation data. ...More..