Economy / 924

China's Industrial Output & Retail Sales Growth Slows

August 14, 2017

Another report from NBS showed that fixed asset investment climbed at a slower pace of 8.3 percent during January to July from the same period of past year. Economists had forecast the growth rate to remain at 8.6 percent. Even so, strength in sectors like steel was unlikely to last. "The upshot is that both foreign and domestic demand appear to have softened at the start of Q3".

Costlier Veggies Push Up Wholesale Inflation To 1.88% in July

August 14, 2017

Apart from vegetables, the food articles which saw rise in prices include egg, meat and fish where inflation stood at 3.30 per cent. Fruits saw inflation at 2.71 per cent, cereals (0.63 per cent) and paddy (3.47 per cent). However, the WPI in June 2016 declined to (-) 0.09 per cent. Wholesale inflation soared to a 23-month high of 3.55 per cent in July as vegetables, pulses and sugar turned costlier.

Japan econmin: No need for new stimulus package for economy

August 14, 2017

Japan has battled years of deflation - falling prices - and slow growth following an equity and property market bubble in the early 1990s. Japan's economy has grown for a sixth straight quarter after delivering annualized growth of 4% in the June quarter.

Trump's Threat 'Very Worrisome', South Korean Presidential Adviser Says

August 14, 2017

A South Korean presidential adviser criticised Donald Trump's escalating North Korea threats, exposing a potential rift with a key ally in the firing line if war breaks out. Still, he added, "We're all looking to get out of this situation without a war". In a call with Trump on Saturday in Asia, Chinese President Xi Jinping called for all sides to maintain restraint and avoid inflammatory comments.

Analysts Estimates And Ratings Century Aluminum Co. (CENX)

August 14, 2017

The rating was maintained by BMO Capital Markets on Friday, May 26 with "Hold". Ing Groep Nv who had been investing in Century Alum Co for a number of months, seems to be bullish on the $1.20B market cap company. Martingale Asset Mgmt Lp accumulated 41,004 shares or 0.07% of the stock. Blackrock Ltd Limited Liability Company holds 25,019 shares or 0% of its portfolio.

Dow winning streak snapped as stocks drift lower

August 14, 2017

Asian equities headed back into the red yesterday afternoon, wiping out a nascent recovery in the morning as spiralling tensions over North Korea lingered for a second day. The CBOE Volatility Index .VIX , better known as the VIX and the most widely-followed barometer of expected near-term stock market volatility, closed at 10.96, its highest in about a month.

Sri Krishna Janmashtami at ISKCON, Mysuru

August 14, 2017

The Hindu Lunar calendar says that Krishna was born on " Ashtami " or the "eighth day" at midnight in the holy month of Shravana. The celebration knows no limits in the magnitude of celebrations across the country, but it is celebrated in a much grand fashion in Mathura, which is also the birth place of Lord Krishna , Rajasthan, Gujarat, Assam, and Manipur.

Trump better president than Obama

August 14, 2017

The poll surveyed 25,589 people and showed 61 percent chose Trump compared to 39 percent who chose Obama. As America's tensions with North Korea hit apocalyptic proportions, President Trump is going to war with - Mitch McConnell and Barack Obama.

Trump to order investigation into China's trade practice

August 14, 2017

The president's trade action will be a long way from any punitive move against China, despite his and his advisors' open talk of Chinese "theft" and "stealing" of US companies' intellectual property, which broadly includes technological innovations, film and other artistic products, industrial designs and military secrets.

Barings LLC Continues to Hold Position in Gold Fields Limited (NYSE:GFI)

August 14, 2017

Accern also gave news stories about the company an impact score of 49 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the next several days. P/E ratio of the company is 20.50. COPYRIGHT VIOLATION WARNING: " Gold Fields Limited (GFI ) Receiving Somewhat Favorable Press Coverage, Accern Reports" was posted by Week Herald and is the sole property of of Week Herald.

Gardai search area in Chapelizod for missing Naas man Trevor Deely

August 14, 2017

The last sighting of Mr Deely is on CCTV as he passes a Bank of Ireland ATM machine on Haddington Road at approximately 4.14am. A review this year of the first garda investigation into his disappearance... However, Gardaí say the new search operation is not based on this information, which emerged in April of this year, and the identity of the man in the CCTV footage is still unknown.

Snap Inc. (NYSE:SNAP) Rating Increased to Buy at Vetr Inc

August 14, 2017

Van ECK Associates Corp raised its position in Snap-On by 7.5% in the first quarter. Coatue Management LLC now owns 21,898,624 shares of the company's stock worth $389,139,000 after buying an additional 940,900 shares during the period. Snap-On's dividend payout ratio is now 29.34%. Cleveland Research cut shares of Snap Inc. Institutional investors own 30.16% of the company's stock.

Kopernik Global Investors LLC Holds Position in Silver Wheaton Corp (SLW)

August 14, 2017

The company reported $0.15 EPS for the quarter, hitting the consensus estimate of $0.15, Briefing.com reports. The Kopernik Global Investors Llc holds 2.67 million shares with $51.55M value, up from 1.36 million last quarter. Finally, PNC Financial Services Group Inc. boosted its position in shares of Wheaton Precious Metals Corp by 5.0% in the first quarter. Integrated Investment Consultants LLC acquired a new stake in shares of Silver Wheaton Corp during the second quarter valued at ...

Eggs scandal: 700000 sent to United Kingdom but risk is 'unlikely'

August 14, 2017

It believes most of the contaminated eggs were used in processed foods in which egg is one ingredient among many others, mostly used in sandwich fillings or other chilled foods. Eggs, coming mainly from the Netherlands, have been found to contain fipronil, a substance used to kill lice and ticks on animals.It is being banned by the European Union for use in the food industry.

Kuwait says responding to oil spill in Ras al-Zour area

August 14, 2017

There's no immediate estimate of the number of barrels suspected to be spilled in the water. The KJO, which is a JV between Kuwait Gulf Oil Co and AGOC, a subsidiary of Saudi state firm Saudi Aramco added that it put an emergency plan into effect to deal with the spill and it will conduct an aerial survey of the area to make sure the facilities and beaches were safe.

Has $1011000 Stake in Highwoods Properties, Inc. (HIW)

August 14, 2017

Smith Asset Group Inc LP reported 170 shares stake. ProShare Advisors LLC now owns 55,398 shares of the real estate investment trust's stock valued at $1,783,000 after buying an additional 19,163 shares in the last quarter. Investment analysts at SunTrust Banks lowered their FY2018 earnings per share estimates for shares of Highwoods Properties in a research report issued on Wednesday.

Alliancebernstein LP Sold A Little More PACCAR Inc. (PCAR) Stock

August 14, 2017

State Of Wisconsin Board holds 0.05% of its portfolio in PACCAR Inc (NASDAQ: PCAR ) for 164,961 shares. PACCAR Inc (NASDAQ:PCAR) is 0.2% above its 200-day moving average, providing a measure of resistance for long positions. The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 6th. Investors of record on Wednesday, August 16th will be issued a $0.25 dividend.

Two cabinet ministers 'interested in new anti-Brexit party idea'

August 13, 2017

He also denied that his former boss George Osborne was involved in a campaign to form a new party, despite the former chancellor's trenchant editorials against Brexit and May that he publishes as editor of Evening Standard . The MP told Radio 4's Today programme: "I think most people in the high levels of the party and across the Conservative Party and the nation have accepted the democratic result of the referendum a year ago".

Modi-Mamata face off over Independence Day celebrations in West Bengal schools

August 13, 2017

In its circular, HRD ministry directed all educational institutions to conduct quiz contests, lectures and debates among others on the occasion. The Sarva Shiksha Mission, West Bengal, instructed District Project Officers to stop "all preparations for the Independence Day in keeping with the circular dated July 25, 2017 of Manish Garg, Joint Secretary MHRD".

Ensco Plc (ESV) Position Boosted by LS Investment Advisors LLC

August 13, 2017

It has underperformed by 39.93% the S&P500. Raffles Associates Lp bought 100,000 shares as the company's stock declined 8.13% while stock markets rallied. These funds have also shifted positions in (ESV). Granite Point Capital Management L.P. owns 17,400 shares or 0.56% of their USA portfolio. ENSCO PLC had a return on equity of 0.77% and a net margin of 2.68%.

Wall St down for the week on N Korea

August 13, 2017

However, an Associated Press report that the USA and North Korea have been engaged in back channel talks (https://apnews.com/686ac7c761694b28b67793a1d8297145?link=mktw) for several months even as they exchange incendiary threats helped to soothe some of the jitters.

Traders Watch List: EI du Pont de Nemours and Company (DD)

August 13, 2017

Guggenheim Ltd Liability holds 0.11% of its portfolio in E I Du Pont De Nemours And Co (NYSE:DD) for 539,923 shares. Eqis Capital Management Incorporated holds 2,847 shares or 0.01% of its portfolio. The stock of E I Du Pont De Nemours And Co (NYSE:DD) has "Sector Perform" rating given on Wednesday, April 26 by RBC Capital Markets. The stock of E I Du Pont De Nemours And Co (NYSE:DD) has "Buy" rating given on Monday, November 2 by Argus Research.

Yuvraj Singh, Ravichandran Ashwin, Ravindra Jadeja left out for SL ODIs

August 13, 2017

Manish Pandey, who had a great triangular series in South Africa has been rewarded for his performance. The second and third matches will be played at Pallekele on 24 and 27 August followed by the final two games at Colombo on 31 and 3 September.

US Stocks Poised for Weekly Decline

August 13, 2017

Shares of Kohl's were down 8.4 per cent, while Macy's fell 4 per cent after the department store operators reported a fall in sales. President Donald Trump said on Twitter that the United States' nuclear arsenal was now "more powerful than ever before" in a fresh warning to North Korea over its missile tests.

Amber Heard And Elon Musk Set The Record Straight On Their Breakup

August 13, 2017

The claims, which were part of the Ashlee Vance's book " Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future ", detail an exchange between Musk and his longtime assistant where he gave her a two week vacation after she asked for a raise.

Korean shares end lower on foreign selling amid tensions over N. Korea

August 13, 2017

The yield on the benchmark 10-year Treasury note settled at 2.191%, its lowest close since June 26, compared with 2.211% Thursday and 2.269% last Friday. The S&P 500 gained 3.11 points, or 0.1%, to end at 2,441.32, supported by gains in consumer-discretionary, technology and health-care sectors. The dollar fell to 109.85 yen from 110.48 yen late Tuesday.

US Stock Futures Pull Back On Rising North Korea Tensions

August 13, 2017

The Dow Jones industrial average lost 204 points, or 0.9 percent, to 21,844. But the yen added to an already-strong weekly rally of close to 1.5 percent, hitting its highest in nearly four months versus the dollar at 108.73 yen. These military members are suing anonymously, but stem from three different branches of the USA armed forces. Technology companies, which suffered the brunt of the selling a day earlier, were back in the lead Friday.

North Korea talk drags stocks lower; gold, yen rise

August 13, 2017

United States stocks on Friday ended with their worst weekly loss since March after Trump ratcheted up his fiery rhetoric, saying in a tweet: "Military solutions are now fully in place, locked and loaded" against North Korea. US crude (CLc1) was unchanged at $48.59 per barrel and Brent (LCOc1) was last at $51.84, down 1.63 percent on the day. Escalating turmoil between the USA and North Korea has continued to dominate the news flow in forex markets as the war of words threatens to spill over ...

KCG Holdings Inc. Has $110000 Position in Western New England Bancorp (WNEB)

August 13, 2017

Tributary Capital Management LLC acquired a new position in Great Western Bancorp during the second quarter worth approximately $13,169,000. A number of other institutional investors also recently modified their holdings of EWBC . The firm also recently declared a quarterly dividend, which will be paid on Tuesday, August 15th. Stockholders of record on Wednesday, August 9th will be given a $0.03 dividend.

Stocks slide on continued concern over tension between United States and North Korea

August 13, 2017

Bond prices, which move inversely to yields, closed higher. The Nasdaq composite slumped 135.46 points, or 2.1 percent, to 6,216.87. While the German DAX Index has edged down by 0.1 percent, the French CAC 40 Index and the U.K.'s FTSE 100 Index are both down by 1 percent.

EP Energy Corporation (NYSE:EPE) Lifted to "Hold" at BidaskClub

August 13, 2017

A number of other institutional investors have also recently added to or reduced their stakes in SN. Finally, Columbia Pacific Advisors LLC boosted its stake in shares of EP Energy Corporation by 41.7% in the first quarter. Several research firms recently commented on SN. Seaport Global downgraded Sanchez Energy Corp (NYSE:SN) on Wednesday, June 21 to "Sell" rating. Capital One Financial Corporation downgraded shares of Sanchez Energy Corporation from an "equal weight" rating to an ...

Exelon Corporation (EXC) Stake Cut by Meag Munich Ergo Kapitalanlagegesellschaft MBH

August 13, 2017

Meag Munich Ergo Kapitalanlagegesellschaft MBH owned 0.08% of Exelon Corporation worth $26,408,000 as of its most recent filing with the SEC. A number of other institutional investors have also recently modified their holdings of the stock.

Park Hotels & Resorts Inc. (PK) Upgraded at Zacks Investment Research

August 13, 2017

Deutsche Bank AG started coverage on shares of Park Hotels & Resorts in a research report on Wednesday, April 12th. Heading into the stock price potential, Host Hotels & Resorts, Inc. Fifth Third Bancorp has invested 0.02% of its portfolio in Host Hotels and Resorts Inc (NYSE:HST). This rating was revealed in a research report on Wednesday morning.

NeoPhotonics Corporation (NYSE:NPTN) Under Analyst Spotlight

August 13, 2017

Northpointe Capital LLC now owns 1,789,195 shares of the semiconductor company's stock valued at $13,813,000 after buying an additional 212,767 shares in the last quarter. Taking a glance at where the stock might be directed in the future, on a consensus basis, the sell-side has a 52 week price target of $9.64 on the stock, this valuation is based on 9 number of opinions.

Dollar hits 8-week low vs yen, N.Korea tensions spook investors

August 13, 2017

Asian equity markets extended a global slide on Friday, sending investors fleeing to less risky assets such the yen, the Swiss franc and US Treasuries. Below that level lies another key support level for the dollar on technical charts at 108.13 yen, a trough the greenback touched in mid-April. The dollar index, which measures the USA currency against a basket of other major currencies, fell 0.14 percent.

Wall St opens lower as N.Korea tensions escalate

August 13, 2017

It was also down a whopping 4.65 percent from July 25, when the key index reached an all-time high of 2,453.17. Aug 11 ( Reuters ) - The three major USA stocks indexes were on track to snap a three-day losing streak on Friday, as investors bet that tepid inflation data would stunt US rate hikes, even as the United States and North Korea stepped up an aggressive war of words.

Wall Street lower on US-North Korea tensions

August 13, 2017

That weighed on bank shares, which were down the most. The Standard & Poor's 500 index fell 24 points, or 1 percent, to 2,449 as of 2:16 p.m. Selling was broad. Seagate Technology was up 2.2 percent. Seagate shares rose 74 cents to $32.29. BIG GAINERS: Health-care stocks were among the big gainers. Universal Health Services picked up $2.65, or 2.5 percent, to $108.02.

Match-winner Giroud can still do a job for Arsenal, says Wenger

August 13, 2017

The Frenchman and fellow substitute Aaron Ramsay scored in the final seven minutes as Arsenal twice came from behind, the Welshman levelling two minutes before Giroud headed the decider. Giroud was on the pitch for nearly half an hour against Leicester with the 26-year-old Lacazette, who joined from Lyon. "It's a long time since we so much quality", Wenger said.

JP Morgan Asian Investment Trust Plc

August 13, 2017

Macquarie reaffirmed a "neutral" rating and issued a GBX 271 ($3.53) price objective on shares of Aberdeen Asset Management plc in a report on Monday, May 8th. Shareholders of record on Thursday, August 3rd will be issued a dividend of GBX 3 ($0.04) per share. The ex-dividend date of this dividend is Thursday, July 27th.

Facts About North Korean Dictator Kim Jong Un

August 13, 2017

Tough talk aside, there was scant sign the US military was preparing for imminent action and an important, quiet diplomatic channel remained open. The editorial in North Korea on Saturday also said the us "finds itself in an ever worsening dilemma, being thrown into the grip of extreme security unrest by the DPRK ".

Trump warning over North Korea hits markets

August 13, 2017

Meanwhile, traders absorbed a report on jobless claims (http://www.marketwatch.com/story/us-jobless-claims-rise-by-3000-to-244000-2017-08-10) that showed that initial claims for USA unemployment-insurance benefits continue to reflect a strong labor market, even as they inched slightly higher.

Stocks plunge amid growing North Korean-US tensions, gold continues rise

August 13, 2017

FTSE 100 index was trading at 7,326 levels, lower by 63.67 points, CAC 40 index was at 5,081 levels, down by 33.77 points, while the German DAX was at 11,997 levels, down by 16.82 points. Data showed USA producer prices unexpectedly fell in July, recording their biggest drop in almost a year, while another set showed the number of Americans filing for unemployment benefits unexpectedly rose last week.

Dow slips 100 points as tensions with N.Korea escalate

August 13, 2017

Utilities eked out a small gain. The Standard & Poor's 500 index fell 24 points, or 1 percent, to 2,449 as of 2:16 p.m. In New York, the Dow Jones industrial average was down 110.82 points to 21,937.88. Macy's (M.N) shares closed down 10.2 percent and Kohl's (KSS.N) fell nearly 6 percent as the companies continued to report a drop in quarterly same-store sales, stoking concerns that their turnarounds may still be a long way off.

Public Service Enterprise Group (PEG) Receives News Sentiment Rating of 0.19

August 13, 2017

The firm earned "Neutral" rating on Friday, September 18 by Citigroup. The stock has a consensus rating of "Hold" and a consensus target price of $48.21. Ancora Advisors Ltd has 0% invested in Capital One Financial Corp. Reilly Advsrs Lc has 2,496 shares for 0.02% of their portfolio. Goldman Sachs Group, Inc.

Insider Trading at Essex Property Trust Inc.?

August 13, 2017

State of New Jersey Common Pension Fund D owned about 0.23% of Essex Property Trust worth $39,609,000 at the end of the most recent quarter. Other large investors have also recently made changes to their positions in the company. Stockholders of record on Friday, June 30th were given a $1.75 dividend. This represents a $7.00 dividend on an annualized basis and a dividend yield of 2.70%.

Dollar slumps, Tokyo tanks as North Korea tensions spike

August 13, 2017

Appetite for haven assets continued to support gold , which rose 0.2% Friday to $1,293 a troy ounce. The Japanese yen strengthened by 0.5 percent to around 109.70 per dollar. The NYSE Arca Biotechnology Index plunged by 3.4% to its lowest closing level in well over a month. Markets are now focused on US consumer price data for July, due later in the session.

Markets Right Now: US stocks trade lower at midday

August 13, 2017

Markets had taken heart earlier in the day after US Secretary of State Rex Tillerson sought to play down the escalating war of words between Washington and Pyongyang. They suggest the USA and China, a North Korean ally, could work together to de-escalate the situation. Regions Financial shed 23 cents, or 1.6 per cent, to $14.07.

Zacks Investment Research Lowers Cloud Peak Energy Inc (NYSE:CLD) to Sell

August 13, 2017

Four analysts have made estimates for Cloud Peak Energy's earnings, with the highest sales estimate coming in at $262.70 million and the lowest estimate coming in at $243.93 million. As per Thursday, March 23, the company rating was upgraded by FBR Capital. The firm earned "Equal-Weight" rating on Monday, October 5 by Barclays Capital.

FTSE ends down as shares hit by US-North Korea tensions

August 13, 2017

Japan markets are closed for the Mountain Day holiday. Spot gold traded traded as high as Dollars 1,288.92 an ounce on Friday, compared to levels around the USD 1257 mark earlier this week. Chipmaker Infineon dropped 1.1% in Frankfurt and luxury fashion retailer Kering slid 1.7% in Paris. The Stoxx Europe 600 SXXP, -0.56% fell 0.3% to 378.56, led by losses in the industrial group.

BidaskClub Downgrades Liberty TripAdvisor Holdings, Inc. (NASDAQ:LTRPA) to Strong Sell

August 13, 2017

Liberty TripAdvisor Holdings , I shares had a trading volume of 2,236K by the end of trading on Thursday. As of December 31, 2016, the Company sold a range of non-equipment products, representing more than 300,000 stock keeping units, including parts, ductwork, air movement products, insulation, tools, installation supplies, thermostats and air quality products.

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