Finance
Conservatives pledge £10bn more investment in help to buy
May struggled during her speech with fits of coughing, constantly having to sip water as her voice broke. But arriving for a charity coffee morning in her Maidenhead constituency, the Prime Minister was determined to present an image of business as normal. [Full Article...]
Wall Street tilts lower after jobs decline
Plus, the better-than-expected August trade balance and factory orders data added momentum to the market. All three major indices finished at new all-time peaks for the fourth straight session, with the Dow Jones Industrial Average gaining 113.75 points (0.50 per cent) to 22,775.39. [Full Article...]
Most recent Trading report: Applied Materials, Inc. (AMAT), Flexion Therapeutics, Inc. (FLXN)
The 50 day moving average was up $5.71 or +12.38% whereas the 200 day average was up by +18.85%. Over the past year, the price of Applied Materials, Inc . The stock has "Outperform" rating by Macquarie Research on Monday, May 2. Applied Materials has an average rating of "Buy" and a consensus price target of $56.01. [Full Article...]
Who Is Matthew Lombard, Attorney For Las Vegas Shooter's Girlfriend Marilou Danley?
The first photographs from inside the hotel room used by Stephen Paddock during his killing spree show the fire power he used to kill 59 people in Las Vegas, United States of America. "Assuming she had no role in his actions, the most important thing is any light she can shed on Paddock's motive ", said one official, who spoke about the investigation on condition of anonymity. [Full Article...]
Jobless claims drop 12000 to 260000 last week
Economists polled by Reuters had estimated initial claims to be 265,000 in the latest week. While the US job market's solid run in 2017 was probably curbed last month by forces most economists couldn't predict, any weakness is likely to be short-lived. [Full Article...]
Hurricanes Expected To Knock 100000 Jobs Off The Next Jobs Report
Hurricanes temporarily disrupt jobs numbers because they interfere in the reporting process. In August firms added 156,000 jobs, somewhat below the consensus forecast of about 180,000. Song said it would make sense that most people will return to work and be counted in the next month's report. Economists estimate that the back-to-back storms, including Hurricane Maria which destroyed infrastru... [Full Article...]
US Weekly Jobless Claims Drop More Than Expected To 260000
They would follow on the heels of August's disappointing employment growth, which economists blamed on a seasonal quirk. While Hurricane Maria hit Puerto Rico and the U.S. Harvey made landfall on August 25, while Irma struck September 10. The economy grew at a 3.1 percent rate in the second quarter. Blame Harvey and Irma . [Full Article...]
Jobless Claims Drop in Return to Normalcy After Hurricanes
On Friday, the Labor Department is scheduled to release it more closely watched monthly employment report for September. Yet after several months of volatility, the impact on job growth may fade. According to the Labor Department, the Texas and Florida areas affected by the storms employed 11.2 million people in March 2017, representing 7.7 percent of US employment. [Full Article...]
Woman accused of setting son, 4, on fire in bathtub, complaint says
Investigators learned he had been set on fire with the use of an accelerant. An open bottle of cooking oil was in the bathroom. A dead pet guinea pig that had been drowned in its cage was also found next to the tub, the station reported. The resident told police that she then heard DiStasio say, 'Shut up!' The witness additionally heard Di Stasio shout, "Quiets down", the grumbling expressed. [Full Article...]
Future Group to acquire Hypercity for Rs 700 crore
Companies expect to close the deal over the next three to five months, on getting the necessary regulatory approvals. Shoppers stop holds 7.7 Cr shares (FV of Rs 10) constituting 51.09% stake in Hypercity. The company runs 200-odd Big Bazaars , which fall in the hypermarket segment. Founded in 2006, HyperCity is a supermarket chain which now operates 20 stores throughout India. [Full Article...]
Ryanair to benchmark pilot pay against competitors
O'Leary reportedly accused pilots of being "full of their own self-importance" in the wake of the cancellations. But in the letter seen by the Irish Independent newspaper , he urges pilots to stay with Ryanair "for a brighter future". The sweeteners included pay increases, loyalty bonus payments, improved rotas and better compensation for pilots forced to work away from their home base. [Full Article...]
Big Country companies stop sales of 'bump stocks'
The modification allows a semi-automatic weapon to fire rounds at a rate that resembles that of an automatic weapon. "People are concerned that they're going to be outlawed". Calls to the companies seeking comment were not returned. Created to enable a semi-automatic weapon to fire like a fully automatic weapon, bump stocks are usually available for purchase on the Internet but Walmart and C... [Full Article...]
PM Theresa May 'You're fired', according to Tory conference prankster
May's speech was later repeatedly halted by coughing fits , for which finance minister Philip Hammond gave her a sweet. While she was speaking, several letters from the slogan fell off the wall, leaving the Conservatives pushing for "Building a Country that Works Or Everyon". [Full Article...]
EU breaks cover to urge Catalonia crisis dialogue
Catalonia's government said that of the 2.2 million voters who were able to vote - two million voted for independence. Apart from these aspects, which have historically fed into the independence movement, residents of Barcelona say they pay exorbitant taxes to Madrid and don't receive their worth back in services. [Full Article...]
Sonos launches Amazon Alexa-enabled smart speaker
Owners can use Trueplay to easily tune Sonos One to sound great no matter where it's placed in the home. "Tens of millions of customers are already using Alexa , and today we're excited to bring her to India with an all-new experience designed from the ground up for our customers in India", said Dave Limp, Senior Vice President, Amazon Devices, and Services. [Full Article...]
Marathon Oil Corporation (MRO) Given a $19.00 Price Target at Scotiabank
Teva Pharmaceutical Industries Ltd (ADR) (NYSE:TEVA) has declined 41.70% since October 5, 2016 and is downtrending. About shares traded. Praxair, Inc. Since May 18, 2017, it had 0 insider buys, and 3 selling transactions for $1.81 million activity. After a recent look at shares of JMP Group Inc (JMPB), we have seen that the Percentage Price Oscillator Histogram level is under zero. [Full Article...]
Hillary Clinton Blames Las Vegas Attack on NRA
The Sunday shooting on the Las Vegas strip left 59 dead and more than 500 injured, making it the deadliest mass shooting in modern American history. "I know they got into politics for the same reason I did - to make a difference, to get things done". "Michelle & I are praying for the victims in Las Vegas", Obama tweeted. [Full Article...]
Saudi King arrives in Moscow with golden escalator ... and a technical error
Several investment agreements will be signed during King Salman´s trip and plans for a $1-billion fund to invest in energy projects are likely to be finalised. Saudi Foreign Minister Adel al Jubeir also said that the two countries are working to unite Syrian opposition and that they have agreed on the need to preserve Syria's territorial integrity and state institutions. [Full Article...]
Facebook plans massive new data center in Virginia
Terry McAuliffe announced on Thursday morning. Facebook is moving into Virginia. "We now have more data centers than any state in America". A partnership between Facebook and Dominion Energy Virginia and Facebook will lead to the construction of "multiple solar facilities" to provide renewable energy that will keep the data center up and running. [Full Article...]
Catalan Leader Calls For Mediation In Disputed Spain Independence Vote
Catalan President Carles Puigdemon has set Monday, October 9 as Catalonia Independence Day from Spain . The session comes after a disputed referendum on Sunday which was declared illegal by Spain's Constitutional Court and which was marred by violence after Spanish police allegedly used batons and rubber bullets against crowds. [Full Article...]