Friday, 17 November 2017
Latest news
Home » Economy

Economy

MPC meet begins amid rising hopes of rate cut

perth_map

Dholakia voted for a policy rate reduction of 50 basis points , RBI member Michael Debabrata Patra voted for status quo . The RBI is expected to cut repo rates by 25 basis points which could make way for cheaper loans . This adds further comfort for the interest rate cycle to remain in a neutral mode with an outside chance of further easing before April'18 policy. While it is a welcome move we were looking forward to a much more aggressive rate cut. Read More »

Teen jumps out of plane onto tarmac at SFO

perth_map

An airfield construction crew working nearby confronted the boy and held him until police arrived and arrested him. The teen, who has not been identified, opened the emergency exit over the wing and jumped out of the plane before he started running away on the tarmac. Read More »

Pernis refinery shutdown buoys European oil products markets

perth_map

Europe's shell refinery at which fire broke at night occupies a huge place which is equal to 800 football pitches. Production from Europe's largest refinery is much. Shell hasn't disclosed the cause of the fire. It has the capacity to refine just more than 400,000 barrels of crude oil per day. Notice regarding the change in the price at the gas station is also not expected said by the refinery spoke person. Read More »

IShares Morningstar Small-Cap Value (JKL) Declines 0.06% for Jul 31

perth_map

The simple moving average is a mathematical calculation that takes the average price (mean) for a given amount of time. Created by Thomas Aspray in 1986, the MACD Histogram is a visual indicator of the difference between the MACD line and the Signal line, which is a default 9 period ema of the MACD line. Read More »

Under Armour Top Views But Cuts Guidance, Announces Restructuring

perth_map

From another technical standpoint, Dean Foods Company (NYSE:DF)'s 14-day Relative Strength Index (RSI) has reached 31.9, putting it inside a neutral zone. Finally, the transition phase requires fixing and changing many aspects of its business, which "led to its stumbling a year ago", the analyst emphasized. Read More »

Scripps Networks Interactive, Inc. (SNI)

perth_map

Moffett Nathanson upgraded shares of Scripps Networks Interactive, Inc (NASDAQ: SNI ) from a sell rating to a neutral rating in a research report released on Monday. There are 1 sell rating, 10 hold ratings, 3 buy ratings on the stock. Hsbc Public Ltd Limited Liability Company holds 0.02% of its portfolio in Scripps Networks Interactive, Inc . Read More »

Pfizer, Inc. (PFE) Shares Sold by Busey Trust CO

perth_map

Windward Capital Management Co. Commerzbank Aktiengesellschaft FI boosted its stake in shares of Pfizer by 3.8% in the fourth quarter. Orrstown Financial Services Inc. will post $2.55 earnings per share for the current fiscal year. The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 1st. Read More »

Air Force One Planes Being Purchased From Bankrupt Russian Airline

perth_map

The cost of refitting the commercial 747-8s with the enhanced electronics and security systems required for Air Force One were unclear. Boeing flight-tested and put the two jets in storage while it searched for a buyer, allowing the Air Force to negotiate a good deal for the planes, sources told Defense One . Read More »

Livforsakringsbolaget Skandia Omsesidigt Maintains Stake in EQT Midstream Partners, LP (EQM)

perth_map

It has underperformed by 13.15% the S&P500. Generally, the RSI is considered to be oversold when it falls below 30 and overbought when it heads above 70. Ameriprise Financial Inc. bought a new position in shares of Antero Midstream Partners LP (NYSE:AM) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). Read More »

Rick and Morty Creator Finally Gets Szechuan Sauce

perth_map

The letter addressing McDonald's requested to bring back McDonald's chicken nugget szechuan sauce . Let's hope a wider release is on the horizon somehow. Think about it, if you knew in 1998 that McDonald's would have All Day Breakfast in 2017 would you really want to stay in 1998? 'If we left the portal open, we'd have puka shells, bucket hats, and boy bands as far as the eye could see. Read More »

Dark Tower Director Almost Fired Over First Cut Fight with Sony?

perth_map

As part of their agreement, the companies split the cost of the film, with MRC given "kill rights" to anything they didn't like, be it in the marketing or the final cut. On a film with two studios and powerful producers, obviously there is much passionate creative debate on how to work certain ideas or beats. The release, initially set for February, was previously pushed back to July before being moved another week to August. Read More »

Pitney Bowes Inc. (NASDAQ:PBI) To Report Earnings

perth_map

The institutional investor owned 24,424 shares of the technology company's stock after selling 38,482 shares during the period. Canada Pension Plan Investment Board increased its stake in shares of Pitney Bowes by 54.6% in the first quarter. Read More »

TSX closes 15 points higher as oil passes $50 mark

perth_map

NASDAQ measures a number of indices reflecting the reaction of USA's high tech markets and business environments on the country's political and economic developments which have an impact on high tech markets. In other corporate news, Discovery Communications agreed to buy Scripps Networks for $14.6 billion in cash and stock, or $90 per share. The Dow Jones industrial average climbed 80 points, or 0.4 percent, to 21,971. Read More »

Toddler Insists On Personally Greeting Every Passenger As He Boards A Flight

perth_map

For even the most cynical, this is really cute. The video, shared on Southwest Airlines' Facebook page, has now garnered more than 70,000 views. "It's his signature move". "We just dropped off his sister at school and he fist-bumped everyone in the administrative office". She told ABC News she's hopeful Guy's adorable antics brought joy to all who watched. Read More »

Tomi Lahren Debates Chelsea Handler at Politicon 2017

perth_map

Lahren, an avid Trump supporter, blasted the ACA and told Handler that while she believes it's her right to purchase health care, she doesn't feel its her right to pay for it for other people. She then elaborated that she is not against all tenants of Obamacare, but did not name anything beyond being allowed to stay on her parents' insurance. Read More »

Tesla Model 3 launched; Buyers pick between standard and long-ranged battery

perth_map

Erickson adds that Tesla is prioritizing somewhat more complex configurations over the bare-bones $35,000 version for now. Not content with delivering the first 30 Tesla Model 3 vehicles at a launch event on Friday, he's revealed when consumers can expect to get their hands on a high performance edition of the company latest vehicle, which starts at $35,000 for a basic version. Read More »

BP Turns To Replacement Cost Profit In Q2; Sales Climb

perth_map

While BP managed to cover its dividend and spending commitments with cash flow in the first half, it'll need oil prices to rise or at least stay put to avoid further debt increases over the remainder of the year. BP also cut $7 billion in costs a year ago, the effects of which are beginning to bear fruit, Chief Financial Officer Brian Gilvary said in an interview. Read More »

Auto makers struggle to lure U.S. buyers in July

perth_map

RMB Capital Management LLC purchased a new stake in Ford Motor during the fourth quarter worth about $5,958,000. The fund owned 171,698 shares of the auto manufacturer's stock after buying an additional 1,654 shares during the period. This represents a $0.60 dividend on an annualized basis and a yield of 5.35%. The ratio fall, as 407 active investment managers started new or increased stock positions, while 377 trimmed and sold positions in General Motors Co . Read More »

(NYSE:SHOP) Earns "Hold" Rating from Oppenheimer Holdings, Inc

perth_map

Finally, Wedbush restated an outperform rating and set a $85.00 price objective (up previously from $75.00) on shares of Shopify in a report on Friday, April 21st. Zacks' earnings per share averages are an average based on a survey of research analysts that follow Shopify . COPYRIGHT VIOLATION WARNING: " Shopify Inc. Read More »

NYPD fatally shoots emotionally distressed black man they were called to help

perth_map

Police said Monday 32-year-old Dwayne Jeune's mother called 911 and said he was acting erratically. One of the officers fired a stun gun, which did not stop the man from advancing. "She called 911. What is the objective of 911? Is it a coincidence that this officer has been involved in two shootings, or is it something else?" The name of the officer has not been released. Read More »

Elon Musk Warns of 'Manufacturing Hell' for Model 3

Over half a million people have placed a $1,000 deposit to reserve their auto, and there's a long queue for newcomers. Tesla said it delivered slightly more than 22,000 Model S and Model X cars, bringing its total for the first half to 47,100. Read More »

Barabati to host India-New Zealand T20 on Nov 4

Cuttack: Cricket fans in Odisha are now all set to experience the thrill of a worldwide T20 cricket match as Barabati stadium will be hosting a match to be played between India and New Zealand on November 4. "Most of the bigger centres want either a T20 worldwide or ODIs ", a BCCI official was quoted by PTI as saying. After that Virat Kohli and his men fly down to South Africa . Read More »

SBI introduces two-tier interest rate structure, aims to maintain existing MCLR

perth_map

The cut in interest rate is on balance up to Rs 1 crore while those having above the threshold will continue to get four percent, according to a regulatory filing by SBI to the BSE on Monday. Banks typically cut deposit rates once the central bank lowers the policy rate. SBI's chief economist Soumya Kanti Ghosh has cited five reasons why the RBI is likely to announce a rate cut. Read More »

Arbor Realty Trust (ABR) Recommendation Raised to Buy By Research Firm Zacks

perth_map

Alphamark Advisors invested in 0.03% or 620 shares. First Wilshire Securities Management Inc owns 776,285 shares or 2.37% of their United States portfolio. 29 funds opened positions while 63 raised stakes. 127.47 million shares or 0.76% less from 128.45 million shares in 2016Q3 were reported. When the trading finished on 07/31/2017, shares of Citrix Systems, Inc. Read More »