Markets
OneBeacon Insurance Group Ltd.
IFP Advisors Inc now owns 2,317 shares of the insurance provider's stock valued at $101,000 after buying an additional 384 shares during the period. The stock's current RSI reading is at 44.61. The company has a 50-day moving average of $44.54 and a 200-day moving average of $41.60. The company had revenue of $18.50 million during the quarter, compared to analysts' expectations of $299.20 million. [Full Article...]
Aircraft terror plot accused to appear in Australian court
One of the men charged was put in touch with the so-called Islamic State commander police believe directed the plot in April, Mr Phelan said. Phelen called the murder plan "one of the most sophisticated plots that has ever been attempted on Australian soil". [Full Article...]
Nissan Mississippi workers vote heavily against having union
Workers at a Nissan plant in MS have overwhelmingly rejected a bid to unionise. They have rejected the UAW and chosen to self-represent, continuing the direct relationship they enjoy with the company, " the company said in a statement released late last night. [Full Article...]
Unemployment rate in Manitoba lowest in the country
Wages continue to rise at historically low levels, which continues to be the main wrinkle in the country's labor market. Last year, it consistently had the lowest unemployment rate, falling to as low as 3.2 per cent in April 2016. Canada's economy added 11,000 jobs last month, and more than 387,000 jobs in the past 12 months - the strongest 12-month figure in a decade. The wholesale and retail... [Full Article...]
Dead bird tests positive for West Nile virus
To date, no cases of West Nile virus have been found in humans in Pennsylvania. Meanwhile, four more samples of mosquitoes - from East Garden City, Mineola, Garden City and East Hills - that were collected on July 21 tested positive for the virus, McCummins said. [Full Article...]
Duke Energy Corporation (DUK)
Mondrian Investment Partners Ltd, which manages about $70.36 billion and $3.46 billion US Long portfolio, upped its stake in Transmontaigne (NYSE:TLP) by 12,163 shares to 101,389 shares, valued at $4.49M in 2016Q4, according to the filing. TRADEMARK VIOLATION WARNING: This report was reported by Transcript Daily and is the property of of Transcript Daily. If you are accessing this news story on an... [Full Article...]
Bank of England lowers growth forecast further as inflation picks up
However, the 2018 earnings growth forecast was cut to 3% from 3.5% and 2019's to 3.25% from 3.75%. Bank chief economist Andy Haldane surprised onlookers by voting to keep the current rate, despite speculation he may have been in favour of a rise. [Full Article...]
How Apple Just Helped the Stock Market Hit an Historic Milestone
Some other tech companies, utilities and industrial firms rose too, and that was just barely enough to take the Standard & Poor's 500 index higher. A trader works on the floor of the New York Stock Exchange. AMC slumped 27 percent. A rise of 6% in Apple AAPL, +5.24% - if it holds through Wednesday's session - would add about 64 points to the Dow , according to figures from a market data... [Full Article...]