Markets
Iran sanctions: Rouhani defiant as USA re-imposes measures
The Iranian president said: "America wanted to cut to zero Iran's oil sales. but we will continue to sell our oil.to break sanctions". Taking effect Monday, the measures are the most concrete result yet of US President Donald Trump's controversial decision in May to abandon the multi-nation nuclear deal with Tehran. [Full Article...]
Petrol, diesel prices continue to dip on softer crude
The price of Petrol (Octane 92) came down by Rs. 10 per litre, while the price of Auto Diesel was reduced by Rs.7 per litre. In the other two metros, Chennai and Kolkata, petrol was sold at Rs. 153. RAC fuel spokesperson Simon Williams said drivers had every right to feel betrayed by retailers, who he said had proved that rises in the wholesale cost of petrol are quickly passed on to consumers... [Full Article...]
Slipping sales bite into Apple's $1tn pricetag
In an unprecedented move, Apple has made a decision to stop revealing the sales figure of iPhone from the first quarter of fiscal 2019. Apple sold 46.9m iPhones in the quarter, generating sales of $37.2bn, but eyebrows have been raised by escalating price tags which are stretching the wallets of even the most devoted Apple fans. [Full Article...]
Encana Corporation (ECA) stock RSI 21.16 Signals investors to buy
Investigating the productivity proportions of business stock, the speculator will discover its ROE, ROA, ROI remaining at 1 percent, 0.4 percent and 6.6 percent, individually. The company shows its Return on Assets (ROA) value of 0.4%. Encana had a return on equity of 7.30% and a net margin of 1.49%. Analysts have set TSLA's consensus price at $323.58, effectively giving it a -6.01% projection... [Full Article...]
Netanyahu thanks Trump before Iran new sanctions come into effect
These sanctions hit at core areas of Iran's economy. China, India, South Korea, Turkey, Italy, the United Arab Emirates and Japan have been top importers of Iran's oil, while Taiwan occasionally buys cargoes of Iranian crude but is not a major buyer. [Full Article...]
Tesla Develops Plan To Make 3,000 Model 3s Per Week In Shanghai
Musk's company purchased the land for approximately 973 million yuan, or $140 million, on Wednesday. In a regulatory filing released Friday, Tesla said it is going to invest up to 6 billion US dollars on factories and equipment over the next two years, while it is also developing plans to start producing approximately 3,000 Model 3 vehicles per week in Shanghai, China. [Full Article...]
Slight increase in western Canada unemployment rate
The jobless rate in B.C. ticked down by a tenth to 4.1 per cent compared to 4.2 per cent in September. The provincial unemployment rate was 5.6% in October. The unemployment rate in western Canada rose slightly last month. And the average year-over-year wage growth of permanent employees - a figure closely watched by the Bank of Canada - fell to just 1.9 per cent, the lowest since the 1.7 per ... [Full Article...]
Barrick Gold boosts offer to Randgold shareholders ahead of merger vote
As ABX has a P/S, P/E and P/B estimations of 1.94, 0 and 1.64 separately. Barrick Gold Corporation (ABX ) stock has been separated 7.94% away from the 200-day MA. The NYSE-listed company has a yearly EPS of $-0.02 on volume of 6,669,084 shares. Two analysts have provided estimates for Barrick Gold's earnings, with the lowest EPS estimate coming in at $0.07 and the highest estimate comin... [Full Article...]