Markets
Israeli workers strike nationwide to protest Teva layoffs
Teva Pharmaceutical Industries, the world's largest generic drug maker, based in Israel, unveiled its restructuring plan yesterday, which comes with big cuts to its research and development (R&D) department and staff. Demonstrators blocked traffic at the entrance to Jerusalem outside the prime minister's office as the Cabinet was convening, and at the entrance to the Teva plant. [Full Article...]
Power outage at world's busiest airport in Alanta
Airport officials say the outage occurred at 12:55 p.m., and affects several areas of the airport. A complete power outage at the nation's busiest airport has grounded flights Sunday afternoon. Abubey reports that the Plane Train, which connects each of the terminals below ground, is also affected. Officials said only that a large portion of the airport had been impacted. [Full Article...]
Bank of England holds rates after first hike in decade
Frances Haque, Chief Economist at Santander UK, commented: "The Monetary Policy Committee announcement that Bank Rate was being held at 0.50% was as expected". The BoE's MPC noted that Brexit was the "most significant influence on and uncertainty about" the economic horizon, and also that progress in Brexit talks between the British government and the European Union (EU) decreased the likelihoo... [Full Article...]
Emerson Electric Company (EMR) Receives $66.15 Consensus Target Price from Brokerages
About 121,347 shares traded or 38.35% up from the average. The NYSE-listed company saw a recent bid of $66.51 on volume of 2.89 million shares. It has outperformed by 1.77% the S&P500. Lau Assoc Limited Liability Co has 4,830 shares for 0.23% of their portfolio. Ontario Teachers Pension Plan Board reported 128,297 shares. Since August 31, 2017, it had 0 insider purchases, and 2 selling transacti... [Full Article...]
Sawtooth Solutions LLC Raises Holdings in Amazon.com, Inc
NCI Building Systems, Inc. (NASDAQ: AMZN ). Arvest Comml Bank Division holds 0.02% of its portfolio in Amazon.com, Inc. It has outperformed by 15.16% the S&P500. Morgan Stanley maintained Manulife Financial Corporation (NYSE:MFC) rating on Monday, November 13. Its down 0.34, from 1.7 in 2017Q1. It dived, as 64 investors sold AMZN shares while 542 reduced holdings. [Full Article...]
Baauer 'Taking Action' Against FCC Over 'Harlem Shake' Net Neutrality Repeal Video
But broadband providers will no longer be subject to explicit restrictions on particular types of behavior. The Obama-era net neutrality regulations have been repealed , and a ton of people are super unhappy about it, such as everybody who uses the internet. [Full Article...]
Hess (NYSE:HES) Loses "Neutral" Rating
Condor Capital Management raised its position in shares of Hess by 0.3% in the second quarter. The oil and gas producer reported ($1.07) earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of ($1.29) by $0.22. [Full Article...]
Relief for Turnbull with win in Bennelong
With Turnbull at his side, Alexander told an anecdote about his former career as a professional tennis player - a career that came to an end due to a back injury. Harry Johnson, 31, told AAP the Liberals' smear campaign against Ms Keneally had influenced him to vote for Mr Alexander. "He is a good man, he is my choice today and that's what thousands of people have said", Mr Turnbull said. [Full Article...]