Money


BTIG Research Reaffirms BTIG Research Reaffirms "Buy" Rating for Palo Alto Networks Inc. (PANW)
- December 02, 2016

GTT Communications, Inc. (NYSE:GTT) traded 42659 shares and its share price increased 0.79% to close at $25.50. Palo Alto Networks has 89,800,000 shares which are now outstanding with a price of 136.26 calculating Palo Alto Networks's market capitalisation to 12.24B Dollars. (more...)
Four Next-Generation Ford Fiesta Models Unveiled In Germany
- December 02, 2016

The interior improvements are more dramatic, as the dashboard presents a much more appealing and modern interface than the current Fiesta's low-rent maze of buttons. This engine is also available in multiple states of tune, with either 84bhp or 118bhp. The ST-Line follows in the wheel tracks of cars like the Skoda Fabia Monte Carlo and Renault Megane GT-Line in offering the looks and attitude of the sportier Fiesta ST, but without the firecracker 1.6-litre turbo engine and more focused ... (more...)
Bank of England confirms new £5 notes contain animal fat
- December 02, 2016

More than 7,000 people have signed a petition against the "disrespectful" use of tallow to manufacture the new polymer notes, which were released in September. Following the introduction of the new £5 this summer, a polymer £10 featuring novelist Jane Austen will go into circulation next year, and a polymer £20 will follow by 2020. (more...)
US home prices surpass pre-recession peak amid healthy sales US home prices surpass pre-recession peak amid healthy sales
- December 02, 2016

This chart shows that average home prices in the 10- and 20-city composite indexes that S&P created are back to the highest levels since the housing bust. Rising mortgage rates could also begin to pose headwinds to further price growth. That is still very low by historical standards, but could slow home sales in the coming months. (more...)
Dreamworld will reopen before Christmas after fatal accident
- December 02, 2016

Dreamworld said they demolish the ride and run a "multilevel" independent security review. Dreamworld's reopening comes after the deaths of fourvisitors, Cindy Low, Kate Goodchild, her brother Luke Dorsett and his partner Roozbeh Aragh. An audit of rides done since the October 25 accident found no guest safety issues with any of the theme park's 34 rides, but the Thunder River Rapids ride will be decomissioned. (more...)
Mortgage Rates Today, Thursday, Dec. 1: Continuing to Climb
- December 02, 2016

President-elect Donald Trump's pick to lead the U.S. Treasury said reforming and privatizing Fannie Mae and Freddie Mac would be a top priority of the administration. Fannie and Freddie don't actually hand out mortgages to would-be homeowners. But now it seems Wall Street may get its way. Freddie Mac stock (OTCQB: FMCC) was up $1.12 to $4.14 in Wednesday midday trading. (more...)
3 dead, at least 5 sickened after Thanksgiving dinner 3 dead, at least 5 sickened after Thanksgiving dinner
- December 01, 2016

According to Clayton Warren, Communications Manager, three patients have died, four patients were treated and released and one patient remains hospitalized. "We are extremely, extremely upset that anyone lost their lives", said Autrey James, commander at American Legion Post 161. I told them that we couldn't accept their meals. (more...)
Thanksgiving, Black Friday sales up 9 percent Thanksgiving, Black Friday sales up 9 percent
- December 01, 2016

What's more, pre-holiday season research suggested that consumers were not willing to pay full price for products any more and would clench their pocketbooks if deals weren't up to par. Latest data from the National Retail Federation's (NRF) annual Thanksgiving weekend results survey, conducted by Prosper Insights & Analytics, reveals strong deals and promotions encouraged more consumers to shop over the holiday weekend, with numbers rising to more than 154m, up from 151m shoppers previous ... (more...)
Tony the Tiger turns on Breitbart: Kellogg yanks ads from conservative website Tony the Tiger turns on Breitbart: Kellogg yanks ads from conservative website
- December 01, 2016

The cereal brand Kellogg is pulling its advertising from Breitbart News because it disagrees with the right-wing website's political views. The fact that numerous companies apparently didn't know that their ads were appearing there seems to highlight how new ad technologies have loosened companies' grip over their brand's associations. (more...)
Home Depot, Inc. (The) (NYSE:HD) Under Analyst Spotlight Home Depot, Inc. (The) (NYSE:HD) Under Analyst Spotlight
- December 01, 2016

Target Corp. (NYSE:TGT) reported its EPS in the last quarter as $1.04/Share Topping the analyst estimate of $0.83/Share by the difference of $0.21. This appreciation has taken its market valuation to 2.57B. The company had revenue of $23.20 billion for the quarter, compared to the consensus estimate of $23.05 billion. The Home Depot had a return on equity of 110.52% and a net margin of 8.08%. (more...)
El Dorado Salvation Army Gears Up for Holiday Season El Dorado Salvation Army Gears Up for Holiday Season
- December 01, 2016

Teri Smith, Commanding Officer said. The deadline for adopting one of the Angel Tree children is Monday, Dec. 12. Captain Bobby Jackson with The Salvation Army of High Point calls the gift in the kettle "a tremendous blessing". "They are doing a fabulous job", he said. "I'm happy to have them do it". While the community can always be counted on to come through in a pinch, Miles said the new system this year has been set up to cut down on some of the confusion. (more...)
Royal Bank of Scotland fails stress test Royal Bank of Scotland fails stress test
- November 30, 2016

Wednesday's news sent RBS shares sliding more then 2.5 percent in early morning deals on London's rising stock market. "The bank continues to be a work-in-progress restructuring story", said Chirantan Barua, analyst at Bernstein. "They are based on scenarios which might, or have, come to pass yet the Bank of England can't fully predict what will actually happen". Britain's largest seven lenders were put to the test and RBS was the worst, with Barclays and Standard Chartered also ... (more...)
European Central Bank ready to buy bonds if Italian vote goes against Renzi European Central Bank ready to buy bonds if Italian vote goes against Renzi
- November 30, 2016

Pressure is mounting on Renzi to drop his threat and instead agree to remain in power to deal with the fallout from a "No" vote, including the risk of a fullblown banking crisis. His record is mixed. Though the complete dissolution of the European Union is still unlikely, it can not be completely ruled out. As Ievoli sees it, constitutional fine-tuning is far from being an obvious priority in a country where high unemployment and declining real incomes have left the younger generation facing ... (more...)
Lufthansa pilots plan new strikes Lufthansa pilots plan new strikes
- November 28, 2016

Lufthansa is working on alternatives and is stressing to passengers flights by Eurowings, Germanwings, SWISS, Austrian Airlines, Air Dolomiti und Brussels Airlines are not part of the strike. At the same time, the pilots' union said that as of Saturday night, normal flights would resume, so as not to inconvenience passengers travelling for the holidays. (more...)
Trump team weighs options between Romney, Giuliani Trump team weighs options between Romney, Giuliani
- November 27, 2016

Mr. Romney would represent a departure from the hard-liners Mr. Trump has already picked for his national security team. Even Thanksgiving did not provide a reprieve from the extraordinary public efforts to cast doubt on Romney. "I can think of 20 other people who would be more naturally compatible with the Trump vision of foreign policy", he told Fox News . Both former House Speaker Newt Gingrich and former Arkansas Gov. (more...)
Nude protest as Marcos goes from crypt to grave Nude protest as Marcos goes from crypt to grave
- November 27, 2016

Mr Malabed got his first big break embalming Mrs Marcos' brother and sister, which opened doors to the Marcos family. Duterte said the presidents before him did not want to take the risk of putting an end to the divisive issue. But it has not been all Marcos: he also embalmed Benigno "Ninoy" Aquino Jr., the Marcos family's arch-political foe whose assassination at Manila airport by government forces in 1983 altered the course of Philippine history. (more...)
California mosques receive letters threatening Muslims
- November 27, 2016

The letter says president-elect Trump is going to do to Muslims what Hitler did to the Jews, and that Muslims would be wise to pack their bags and get out of dodge. Anxieties are high in the Muslim community due to the hateful rhetoric directed towards them during the election season with Trump at one point calling for a complete and total shutdown of Muslims in the country. (more...)
Oil extends losses as dollar rally offsets Saudi deal optimism
- November 26, 2016

Brent for January settlement was 51 cents higher at $47.14 a barrel on the London-based ICE Futures Europe exchange. Global benchmark Brent crude was down 39 cents at $46.56 a barrel at 0917 GMT. Non-OPEC exporter Russia is ready to support OPEC's decision on an output freeze and sees a good chance that it can agree terms by November 30, Russian Energy Minister Alexander Novak said on Wednesday. (more...)
Don't Pay More: Beware These Black Friday Traps Don't Pay More: Beware These Black Friday Traps
- November 25, 2016

Electrical items are the most common - you can nearly guarantee to pick up a super cheap microwave every year! Walmart has this SmartCast set at $398 in its pre-Black Friday sale. " Retail is tough today, but you have to stand for something - not just just 'come buy stuff, '" Stritzke told Business Insider. But the big box retailer will begin its Black Friday event at 6 p.m. (more...)
Navigating the holiday travel
- November 25, 2016

According to AAA's Leisure Travel Index, airfares are projected to increase 21 percent this Thanksgiving , landing at an average of $205 for a roundtrip flight for the top 40 domestic routes. "We do expect a lot of travelers", she said. If you're planning to drive to your feast this Thanksgiving, you're not the only one. Most of the traffic uptick will be felt on the state's roads, where AAA predicts 950,000 people will travel between Wednesday and Sunday on trips greater than 15 miles, ... (more...)
Airstrikes in Syria's besieged Aleppo kill more than 20 Airstrikes in Syria's besieged Aleppo kill more than 20
- November 24, 2016

The World Health Organisation said there had been heavy attacks on five hospitals in Aleppo and Idlib provinces since Sunday, severely reducing access to health services for people in northern Syria. On Thursday, a Kremlin aide said that Moscow saw a possibility to improve joint efforts over Syria with Trump, Russian state broadcaster Tass reported . (more...)
Demonetisation a monumental case of mismanagement: Manmohan Singh Demonetisation a monumental case of mismanagement: Manmohan Singh
- November 24, 2016

Singh said that it was his personal opinion that demonetisation would "hurt" many in the country and will cause a decline in the GDP of the country by at least 2 per cent if not more. PM said wait for 50 days but for the poor section even 50 days can be detrimental. The PM must come up with constructive proposals on how to implement this scheme. (more...)
Germany's Lufthansa cancels 912 flights in pilot strike Germany's Lufthansa cancels 912 flights in pilot strike
- November 24, 2016

Lufthansa cancelled 900 flights on November 23 and 912 flights for November 24, which affected some 200,000 passengers. The pilots' union Vereinigung Cockpit (VC) announced another 24-hour strike on its website for Thursday, following the strike on Wednesday which caused cancellations of 876 flights, including 51 long-haul flights that day. (more...)
It takes a 'Fantastic Beast' to unseat 'Doctor Strange' at box office
- November 23, 2016

Costing an estimated US$330 million to make and market worldwide, it collected US$143.3 million more in partial release overseas. "The story itself skews a little older", admitted Jeff Goldstein from Warner Bros. Rowling, also earned an A Grade on CinemaScore. The animated " Trolls " was a close third with $17.4 million, giving it a three-week take of $116.2 million. (more...)
Wal-Mart kicks off Cyber Monday on Friday Wal-Mart kicks off Cyber Monday on Friday
- November 23, 2016

Stay tuned to SWR for more updates and news on the Black Friday 2016 Cheapest 4K TV Deals and Ultra HD TV Offers . According to the National Retail Federation, the average American consumer will spend almost $1,000 on holiday shopping, and you can bet a good portion of that will be spent on Black Friday and the subsequent shopping days, Small Business Saturday and Cyber Monday . (more...)
Deere is surging after crushing earnings in a farming recession (DE) Deere is surging after crushing earnings in a farming recession (DE)
- November 23, 2016

For the year, its profit fell 21 percent to $1.52 billion, or $4.81 per share. "John Deere has completed another successful year in spite of continuing weakness in the global agricultural and construction equipment sectors", Chairman and CEO Samuel R. (more...)
Autumn Statement to boost housebuilding and wages
- November 23, 2016

The BBC reports measures to be included in the Autumn Statement include reducing the rate at which benefits are withdrawn when people start work, and increasing the national living wage to £7.50 an hour from April. More detail will be announced in the next budget, said Mr Hammond. Hammond said that while the Brexit vote "will change the course of Britain's history" it "also makes more urgent than ever the need to tackle our economy's long-term weaknesses like the productivity gap". (more...)
Alt-right members say they were 'fooled by Trump after disavowal Alt-right members say they were 'fooled by Trump after disavowal
- November 23, 2016

White supremacists have consistently expressed their support for Trump during the presidential campaign - pointing in part to his hardline positions on immigration - and critics contended that Trump was too slow to reject the support of those groups during his campaign. (more...)
Sensex rallies in midday trade, Nifty edges up; Lupin top gainer Sensex rallies in midday trade, Nifty edges up; Lupin top gainer
- November 23, 2016

Indian shares look set to extend gains from the previous session as optimism about President-elect Trump's policies continued to boost global markets. The BSE market breadth was skewed in favour of the bears - with 2,223 declines and 408 advances. Major losers were - NTPC, Gail India, Wipro, Maruti Suzuki and Dr Reddy's Laboratories which were trading negative in the range of 0.30% - 0.90%. (more...)
Santander Quits R3 Blockchain Consortium Santander Quits R3 Blockchain Consortium
- November 22, 2016

It is also rumoured that Morgan Stanley and National Bank of Australia could be the next companies to leave R3. Additionally, Reuters reported (21 November) an upcoming R3 equity funding round is still set to go ahead but the amount it aims to raise from the banks has been slashed from £200m to $150m. (more...)
Trump rally carries stocks to new records
- November 22, 2016

The energy sector rallied 2.4% as U.S. crude oil climbed 3.9% to settle at $47.49/bbl, while OPEC members including Iran, along with non-member Russian Federation, suggested progress toward a deal to limit production; softening in the U.S. (more...)
Volkswagen bets on new technology to bounce back from crisis
- November 22, 2016

Volkswagen (VLKAY) said Tuesday that it will step-up its presence in the U.S.as part of its turnaround strategy, targeting a leadership position in the production of SUVs and Limousines. Diess, a former BMW executive, said he planned to focus on the fast-growing and higher-margin SUV market in the United States, with the brand aiming to have 19 SUV models globally by 2020, up from just 2 now. (more...)
Volkswagen to shed 30000 jobs to cut costs after scandal
- November 20, 2016

The global scandal over VW cheating emission tests is weighing on the company. Of particular concern is the profitability the VW's core brands, Golf and Passat where, for every €100 in turnover the company earns just €1.60 - before interest and taxes. (more...)
Kidwell's adamant Kiwis deserve to be in Four Nations final Kidwell's adamant Kiwis deserve to be in Four Nations final
- November 20, 2016

Following the game Kiwi coach David Kidwell questioned the suitability of Workington as a venue for the tournament. "But we've all played on different surfaces before, it shouldn't be that big a deal, it's what makes global footy such a challenge". (more...)
Trump 'Wants Son-in-Law to Serve in Senior Role' Trump 'Wants Son-in-Law to Serve in Senior Role'
- November 19, 2016

The tape was then sent to his brother-in-law and sister's home, in an ill-fated attempt to stop them from helping prosecutors. The Kushner name had been tarnished, so Jared Kushner chose to rebrand. Trump is meeting with Eisenberg, rumored to be in the running for Secretary of Commerce, and a handful of others - including 2012 Republican presidential nominee Mitt Romney, for whom Eisenberg was a top fundraiser - at Trump National Golf Club in Bedminster this weekend. (more...)