Money


Oil prices remain firm after a week of sharp gains Oil prices remain firm after a week of sharp gains
- September 09, 2017

Gulf Coast region continues to come back online post hurricane Harvey , with 1.0 million [barrels a day] of refining capacity still fully shut down, and 2.7 million b/d of capacity in the process of restarting", Jenna Delaney, senior oil analyst at PIRA Energy, an analytics unit of S&P Global Platts, said in an email update late Thursday. (more...)
Windsor unemployment rate stays steady at 6.2% in August Windsor unemployment rate stays steady at 6.2% in August
- September 09, 2017

The August figures also contained another promising development: a long-awaited improvement in wage growth. Surprisingly strong economic growth prompted the central bank to increase rates earlier this week for the second time this year and left the door open to more hikes. (more...)
Marijuana stocks rally on Ontario plans to open 150 government pot stores Marijuana stocks rally on Ontario plans to open 150 government pot stores
- September 09, 2017

The province will pursue a coordinated and proactive enforcement strategy with municipalities, local police services, the Ontario Provincial Police (OPP) and the federal government to help shut down these illegal operations. Ontario is committed to ensuring a safe and sensible transition to federal legalization. Legalization would make Canada the second country to have nationwide legalization, after Uruguay. (more...)
NY regulator fines Habib Bank $225mn for compliance failures NY regulator fines Habib Bank $225mn for compliance failures
- September 09, 2017

The New York Department of Financial Services ( DFS ) passed the order on Thursday, as per sources. " DFS will not stand by and let Habib Bank sneak out of the United States without holding it accountable for putting the integrity of the financial services industry and the safety of our nation at risk", Vullo added. (more...)
Flipkart's The Big Billion Days Starts 20th September Flipkart's The Big Billion Days Starts 20th September
- September 09, 2017

Amazon India did not reveal the dates for this year's Great Indian Festival, but according to an executive familiar with the company's plans, Amazon is expected to hold the sale around the same time. Flipkart said that it is going to include no cost EMI, product exchange, buy now and pay later option, BuyBack Guarantee. Amazon India could find competing with and besting Flipkart a tough challenge given the latter's position as one of the most well-funded start-ups in the world after it ... (more...)
'Misbehaving' passengers may land in 'no-fly list' 'Misbehaving' passengers may land in 'no-fly list'
- September 09, 2017

The DGCA will maintain the National Football League and put it on its website with the name of unruly flyers barred from flying for different periods by different airlines. The level of unruly behaviour has been listed in three categories - Unruly behaviour (Verbal), Physical behaviour and Life threatening behaviour - respectively. (more...)
India's tolerance, openness its biggest economic strength: Rajan India's tolerance, openness its biggest economic strength: Rajan
- September 09, 2017

And then went on to speak about demonetisation . He also talked about his departure from the RBI and said that "I never resigned, my term just ended". He said there was no reason why the economy can not grow at 9-10%. "Our greatest strength comes from being a tolerant, open society", Rajan said at the release here of his book " I do what I do ", which is based on the speeches he delivered as the Reserve Bank of India (RBI) Governor during 2013-16. (more...)
Red Cross staging supplies ahead of Hurricane Irma Red Cross staging supplies ahead of Hurricane Irma
- September 08, 2017

And there have been some that lasted longer. Packing winds of around 175 miles per hour (290 kph), the storm lashed several small islands in the northeast Caribbean, including St Martin and St Barthelemy, tearing down trees, flattening homes and causing widespread damage. (more...)
13 questions about deadly storm as U.S. landfall nears 13 questions about deadly storm as U.S. landfall nears
- September 08, 2017

View of the aftermath of Hurricane Irma on Sint Maarten Dutch part of Saint Martin island in the Caribbean September 7, 2017. Robert De Niro plans to rebuild the Hurricane-ravaged island of Barbuda. The deadly storm, the strongest ever recorded in the Atlantic , caused devastation throughout the eastern Caribbean on Wednesday and Thursday. Communications were hard with areas hit by Irma and information on damage trickled out. (more...)
Did Irma's Off-Center Lashing of Puerto Rico Worsen Its Economy? Did Irma's Off-Center Lashing of Puerto Rico Worsen Its Economy?
- September 08, 2017

While companies don't necessarily get brownie points for doing the right thing, JetBlue's actions come shortly after people noticed that other airlines were raising its prices, according to Quartz . Before selling out, JetBlue had capped fares on Florida flights at $99 to $159 each way. Travelers who think they may be victims of price gouging can file complaints with the Office of the Assistant General Counsel for Aviation Enforcement and Proceedings' Aviation Consumer Protection ... (more...)
Australians warned as North Korea threat looms Australians warned as North Korea threat looms
- September 08, 2017

Mr Trump - in tweets after the North's test on Sunday - faulted South Korea for what he called its "talk of appeasement" toward the North, and didn't specifically mention that the U.S. "She agreed with Prime Minister Abe that North Korea's latest nuclear test threatened the security of the entire world and that this massive violation of the UN Security Council's resolution must result in a resolute reaction from the global community as well as tougher sanctions", spokesman Steffen Seibert ... (more...)
Up to 143 million accounts may be affected Up to 143 million accounts may be affected
- September 08, 2017

The company said it found no evidence of unauthorized use of its core consumer or commercial credit reporting databases. Equifax said hackers gained access to systems containing customers' social-security numbers, birth dates, addresses and driver's license numbers. (more...)
Navistar International Corporation (NAV) recently purchased by insider Volkswagen Truck & Bus Gmbh Navistar International Corporation (NAV) recently purchased by insider Volkswagen Truck & Bus Gmbh
- September 08, 2017

Navistar International Corporation (NYSE: NAV ) last announced its quarterly earnings results on Wednesday, September 6th. The firm had revenue of $2.21 billion for the quarter, compared to analysts' expectations of $2.17 billion. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. The portion of a company's profit allocated to each outstanding share of common stock was -$2.45 a share in the trailing twelve months. (more...)
Lear Corporation (NYSE:LEA) Sees Significantly Lower Trading Volume
- September 08, 2017

This table compares Lear Corporation and Stoneridge's gross revenue , earnings per share and valuation. The stock increased 0.53% or $0.19 on September 1, reaching $36.25. Prelude Cap accumulated 680 shares. Regents Of The University Of California holds 9.08% of its portfolio in Estee Lauder Companies Inc for 33,400 shares. (more...)
Toys R Us Eyes Potential Bankruptcy Filing Toys R Us Eyes Potential Bankruptcy Filing
- September 08, 2017

Toys R Us is reportedly exploring the possibility of filing for bankruptcy as it considers plans to restructure its debt. To begin with, the toy retailer has grappled with "a multi-decade onslaught of competition from discounters such as Walmart and Target, and more recently, online only players such as Amazon , leading to market share losses", according to Fitch Ratings. (more...)
Walt Disney Company (The) (DIS) Shares Bought by Comerica Securities Inc Walt Disney Company (The) (DIS) Shares Bought by Comerica Securities Inc
- September 08, 2017

The original version of this article can be read at https://baseballnewssource.com/markets/walt-disney-company-the-dis-holdings-cut-by-fort-washington-investment-advisors-inc-oh/1592814.html. Agrium Inc. (USA) (NYSE:AGU) has risen 5.50% since September 7, 2016 and is uptrending. The shares price has directed 8.21% toward a higher level throughout a year ago and swapped -4.56% toward a weak spot during past one month. (more...)
China makes diplomatic protest to S Korea over missile deployment China makes diplomatic protest to S Korea over missile deployment
- September 07, 2017

South Korean President Moon Jae-in and Japanese Prime Minister Shinzo Abe agreed to pursue stronger United Nations sanctions in light of the North's provocations . Six police officers and 32 other people were injured, none seriously, in the clashes, said a fire department official in Seongju. The launchers were transported to the site by some 10 USA military vehicles from the Osan Air Base near Seoul . (more...)
NCI Building Systems Reports 20% Drop In Q3 Earnings
- September 07, 2017

Macquarie Research maintained Verizon Communications Inc. The firm has "Sector Perform" rating by RBC Capital Markets given on Tuesday, May 10. The firm has "Neutral" rating given on Thursday, May 19 by DA Davidson. On Wednesday, April 26 the stock rating was upgraded by RBC Capital Markets to "Outperform". (NYSE:NCS) traded at an unexpectedly low level on 09/01/2017 when the stock experienced a -0.3% loss to a closing price of $16.75. (more...)
DexCom, Inc. (NASDAQ:DXCM) Experiences Heavy Trading Volume DexCom, Inc. (NASDAQ:DXCM) Experiences Heavy Trading Volume
- September 07, 2017

Cigna Corporation (CI ) pulled off a 1.17 percent gain and now trades for $185.31. About 2.00M shares traded or 58.73% up from the average. 3,200 DexCom , Inc. State Street holds 1.48M shares. Parametric Port Assoc Ltd holds 0.02% or 207,461 shares. So is with DexCom , Inc. (NASDAQ:DXCM) for 2,635 shares. 14-day Williams %R for DexCom , Inc. (more...)
Argent Capital Management LLC Buys 6076 Shares of Pfizer, Inc. (PFE)
- September 07, 2017

About 3,426 shares traded. It is down 2.76% since September 7, 2016 and is downtrending. It has underperformed by 19.46% the S&P500. Among 50 analysts covering Salesforce.com ( NYSE:CRM ), 44 have Buy rating, 1 Sell and 5 Hold. Beech Hill Advisors Inc holds 2.43% or 125,251 shares in its portfolio. (NYSE: PFE ). Levin Strategies LP has invested 4.64% in Pfizer Inc . About 277,928 shares traded. (more...)