Markets
European markets open lower on Friday
Financial markets have tended to quickly shake off North Korea's periodic sabre-rattling in the past, dismissing it as bluster, but tensions have lingered this year amid signs that it is making progress in its ballistic missile programme and on Trump's growing frustration with Pyongyang. [Full Article...]
Trump attacks exec for quitting council over Charlottesville
On Sunday evening the CEO of pharmaceutical giant Merck , Kenneth C. Frazier, resigned from Trump's manufacturing council. Appearing later Monday, Trump labeled members of the KKK, neo-Nazis and white supremacists who participate in violence as "criminals and thugs". [Full Article...]
TSX rallies shortly after open as North Korea tensions ease
South Korea's KOSPI fell 1.4 percent, taking its losses this week to almost 3 percent. The Dow Jones Industrial Average fell 94.55 points, or 0.43 per cent, to 21,954.15, the S&P 500 lost 19.51 points, or 0.79 per cent, to 2,454.51 and the Nasdaq Composite dropped 76.39 points, or 1.2 per cent, to 6,275.94. [Full Article...]
Seahawks win 48-17 in Chargers' debut game at StubHub Center
Next, the LA Chargers look for their first win when they host the New Orleans Saints on August 20 before playing as the away team at the LA Coliseum against the Los Angeles Rams on August 26. Cardale Jones completed two of nine passes for 50 yards. Davis acknowledged that he had "underestimated" Boykin , adding that he had gotten used to the throwing motions of the Chargers' quarterback... [Full Article...]
North Korea tensions send United States dollar to eight-week low vs yen
Japanese markets were closed for a holiday but the yen powered on, hitting an eight-week high of 108.91 yen to the dollar, adding to its biggest weekly gain since May. The dollar index, which measures against a basket of currencies, fell 0.05 per cent. This week's increase in tension between North Korea and the USA over North Korea's nuclear missile programme is a timely warning for investors ... [Full Article...]
Stock's Stunning Activities: Wal-Mart Stores Inc. (WMT)
It has underperformed by 41.10% the S&P500. Montag A & Associates Inc increased Citigroup Inc (C) stake by 13.78% reported in 2016Q4 SEC filing. Volume on the day was 7.9 million shares. 1,322 shares were sold by Canney Jacqueline P, worth $104,113. Invesco reported 20.75M shares. Cowen and Company set a $86.00 price target on shares of Wal-Mart Stores and gave the company a "buy" rating in ... [Full Article...]
Amazon announces that Lovefilm is closing down
Amazon, who now owns the service, explained that the shift towards online streaming was an obvious factor in deciding to cease the DVD rental service. While streaming services might not have as much choice as an extensive DVD catalogue, they are a lot more convenient. Now it appears streaming has done the same to postal rentals. [Full Article...]
BidaskClub Lowers Antero Midstream Partners LP (AM) to Sell
Energy Income Partners Llc increased its stake in Magellan Midstream Prtnrs Lp ( MMP ) by 7.78% based on its latest 2016Q4 regulatory filing with the SEC. Guggenheim Capital Lc stated it has 0% of its portfolio in EQT Midstream Partners LP (NYSE:EQM). Investors sentiment decreased to 0.97 in Q4 2016. Its down 0.38, from 1.19 in 2016Q3. [Full Article...]