Friday, 17 November 2017
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Asian markets suffer bloodbath over escalating US, North Korea tensions

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US and Asian stocks plunged overnight, with investors instead fleeing to safe haven assets including German government bonds, among the best-rated and most liquid assets in the world. USA gold futures for December delivery rose 0.2 percent to $1,291.80 per ounce. Prices for bonds and gold headed higher. The dollar index.DXY, which tracks the greenback against six rival currencies, was down 0.17 percent to 93.391. Read More »

North Korea talk drags stocks lower; gold, yen rise

Aug 11 ( Reuters ) - U.S. stock indexes opened higher for the first time in four days on Friday after tepid data pointed to benign inflation that could make the Federal Reserve cautious about raising rates again this year, even as concerns lingered over rising tensions between the United States and North Korea. Read More »

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

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Pacific territory of Guam, a major military hub and home to U.S. bombers. "If the answer is 'yes, ' then you better get defensive". "As long as it doesn't go beyond just a war of words, this is going to be short-lived". The headlines about North Korea served as a spark to jolt investors out of complacency on the heels of an extended period of calm in the market, said McClellan who shared the following chart in a report. Read More »

TSX falls as North Korea tensions spur flight to safety

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The North Korea situation isn't the only thing weighing on stocks. In a note to investors, Paul Christopher, head global market strategist, and Tracie McMillion, head of global asset allocation, suggest, "the threat of a nuclear weapon is certainly more serious than previous threats, but that threat also may increase the probability of a diplomatic solution". Read More »

Wall St opens higher after tepid inflation data

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The Nasdaq Composite was up 34.61 points, or 0.56 percent, at 6,251.48. The escalation provided an excuse for a selloff many investors consider overdue, some investors and analysts said. The stock fell another 2 cents, or 0.4%, to 5.12 Friday. Earlier in the day, the Office for National Statistics (ONS) reported that overall industrial production rose 0.5% in June on the preceding month, stronger than the 0.1% that the agency had calculated in for its preliminary estimate for the second ... Read More »

Longtime NHL coach, GM Bryan Murray dead at 74

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He also served as general manager in Anaheim and Detroit and coached in Washington, Detroit, Anaheim and Ottawa. "While his warmth and dry sense of humor were always evident, they were accompanied by the fiery competitiveness and determination that were his trademarks", National Hockey League commissioner Gary Bettman said in a statement. Read More »

Dow plummets 205pts as Trump inflames Korea tension

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Nevertheless, the geopolitical uncertainty looks set to continue, dealers said, following Trump's fresh warning Friday that the USA military is "locked and loaded" in the event of a misstep by the totalitarian state. "Subdued participation this year and lean positioning suggests that market participants would have to play catch-up on a break higher", she said in a note. Read More »

Cowen and Company Reiterates "Hold" Rating for Zillow Group, Inc. (NASDAQ:Z)

Aperio Group LLC bought a new stake in shares of Zillow Group during the second quarter valued at $218,000. The firm owned 692,958 shares of the financial services provider's stock after selling 282,681 shares during the period. On average, equities analysts expect that Zillow Group will post $0.48 EPS for the current fiscal year. If you are reading this story on another site, it was stolen and republished in violation of US & worldwide trademark & copyright laws. Read More »

FTSE 100 takes cover from war of words over South Korea

Dow e-minis were down 24 points, or 0.11 percent, with 22,166 contracts changing hands. The Japanese yen hit an eight-week high against the U.S. dollar, while spot gold also reached a two-month high. In commodities trading, crude was down after an OPEC report showed production by cartel members increased slightly in July, including by Saudi Arabia which had championed efforts to extend an output freeze. Read More »

Chelsea 2 Burnley 3

Morata had a goal disallowed for offside but then Fabregas was sent off, perhaps harshly, for a tackle on Jack Cork with eight minutes remaining. Burnley meanwhile had lost all their previous Premier League opening day fixtures before Saturday's triumph. Read More »

Gold Price Hits Highest Levels In Two Months

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All the 11 major S&P indexed were lower, with technology sector's 0.62 percent leading the decliners. Chinese stocks seemed little affected though, and Australian stocks rose Wednesday after a weaker Tuesday amid strong earnings reports from big banks . Read More »

TSX hits 1-month low on N. Korea tensions, lower oil prices

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Pacific territory. In 3.23pm trading in NY, the Dow Jones Industrial Average gave up 0.7 percent, while the Nasdaq Composite Index dropped 1.8 percent. Barrick Gold Corp rose 2.1 percent to C$21.7, while Goldcorp Inc rose 0.9 percent to C$16.29. Prices for bonds and gold headed higher. Nordstrom shares were up 1.63 percent at $45.60 following the apparel retailer's better-than-expected quarterly same-store sales. Read More »

In France : 250000 contaminated eggs sold since April

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Foods containing egg have been recalled from supermarkets , although some of the affected eggs may have already made their way into the food chain. With the contaminated eggs starting to surface in countries across Europe, Dutch and Belgian officials are facing growing questions about how the scandal started and whether the public has been kept fully aware. Read More »

Fundamentals in Focus for Healthcare Realty Trust Incorporated (HR)

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The stock of Physicians Realty Trust (NYSE:DOC) has "Mkt Perform" rating given on Friday, September 2 by Raymond James. On average, analysts expect that Healthcare Realty Trust Incorporated will post $0.75 EPS for the current year. The firm had revenue of $76.60 million during the quarter, compared to analysts' expectations of $80.48 million. The real estate investment trust reported $0.39 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.40 by $0.01. Read More »

Uber investors seek to oust Benchmark after 'destructive' lawsuit

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The suit alleges that Kalanick fraudulently withheld critical information from Uber's board of directors when he asked to increase the size of the board from eight to 11 members. "The lawsuit is completely without merit and riddled with lies and false allegations". The letter was referring to a May boating accident that killed Kalanick's mother and injured his father even as the hard-charging Uber co-founder was losing his position as CEO of the company. Read More »

Over 3000 delegates gather for PDP National Convention

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The Governor of Ekiti, Ayodele Fayose , pledged the party's governors' commitment and submission to PDP decisions. "While I was in the party as a member, I paid my dues to the fullest until I retired from partisan politics in 2015". "Nigerians remember with nostalgia life under the PDP and they are yearning for it to come back". He said that the loss of presidential election and the gale of defections were enough to sink the party's ship, but expressed delight that the party had overcome ... Read More »

Real Madrid wouldn't sell Ronaldo for his weight in gold, says Perez

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We lost 2-1 which shows the result was (tight) and one of the goals was offside, so with a good video replay system, it would be 1-1 and extra-time", Mourinho said. The Welsh global endured a frustrating campaign last season as injury restricted him to just 26 starts and he was left on the bench for the Champions League final win over Juventus. Read More »

Plains Group Holdings, LP (NYSE:PAGP) Director Everardo Goyanes Buys 20000 Shares

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Deutsche Bank AG dropped their price objective on shares of Plains Group Holdings, L.P. from $40.00 to $35.00 and set a "buy" rating for the company in a report on Tuesday, May 30th. Blackrock Japan Com reported 0% stake. Insiders have purchased 120,000 shares of company stock worth $2,672,000 in the last three months. The company is so far trading down by -1.62 percent from yesterday's close. Read More »

Stock Futures Lower as North Korea Threatens US in Guam

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The Secretary of State said Trump's statement was meant to send a message to Kim Jong Un in a way the North Korean leader "would understand". "People are anxious", said R. Even though Kim threatened to unleash "enveloping fire" by lobbing four missiles nearby, Guam officials want to allay fears of an Armageddon by touting the island's idyllic scenery and secluded beaches . Read More »

US stocks slide amid heightened US-North Korea tensions

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The euro was down 0.4 per cent at just over $1.17 and nearing a two-week low, while the New Zealand dollar tumbled a full one per cent as its central bank head bluntly said he wanted it lower. CURRENCIES: The U.S. dollar fell to 110.32 yen from 110.74 yen late Monday in Asia. Excluding food and energy components, PPI was also down 0.1% m/m in July, while the annual rate moderated to 1.8% from 1.9%, missing forecasts of 2.1%. Read More »

Liberty Media Corporation (NASDAQ:BATRK) To Release Earnings

Janney Montgomery Scott LLC now owns 6,775 shares of the company's stock worth $301,000 after buying an additional 892 shares in the last quarter. Shine Investment Advisory Services Inc. The firm had revenue of $6 million during the quarter, compared to analysts' expectations of $2 million. Zacks Investment Research upgraded shares of Liberty Interactive Corporation from a "sell" rating to a "hold" rating in a report on Tuesday, July 25th. Read More »

Markets Right Now: US stocks trade lower at midday

The Dow Jones Industrial Average dropped 204.69 (nearly one percent), closing the session at 21,844.01. "There's not a great incentive to buy big", said Lerner of SunTrust Advisory. October Brent crude rose $0.56, or 1.1%, to $52.70. The latest United States economic data cemented expectations that inflation will remain subdued amid a robust labour market. Read More »

Dollar slumps, Tokyo tanks as North Korea tensions spike

The S&P 500 index had its biggest one-day drop in nearly three months on Thursday as investors fled riskier assets, with technology stocks leading the charge, in response to an increasingly aggressive exchange of threats between the United States and North Korea . Read More »