Thursday, 18 January 2018
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Bank Stocks Getting a Lift on Higher Rates

However the US central bank could give indications on when it plans to begin unwinding its balance sheet, as well as on any future interest rate decisions. Michael Kors KORS.N rose about 2.56 percent after Oppenheimer upgraded the stock to "outperform" from "perform". Prime Minister Shinzo Abe is considering calling a poll for as early as next month to take advantage of his improved approval ratings and disarray in the main opposition party, according to government and ruling party sources. Read More »

Walgreens gets regulator's nod to buy Rite Aid stores

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Vanguard Group Inc. now owns 69,985,653 shares of the pharmacy operator's stock valued at $5,480,577,000 after purchasing an additional 1,926,108 shares during the period. Walgreens Boots Alliance has a 52-week low of $75.18 and a 52-week high of $89.69. ( NASDAQ WBA ) traded up 0.61% during trading on Monday, hitting $83.00. Read More »

Tesco Outperforms Rest Of 'Big Four' In UK: Kantar Worldpanel

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In contrast, the British public spent nearly GBP4.0 million on cold treatments in August, nearly double that spend in August 2016. Tesco's recovery continued with sales up 2.7 per cent, although its market share was squeezed by 0.3 percentage points to 27.8 per cent, while Sainsbury's market share fell 0.2 percentage points to 15.7 per cent. Read More »

United States markets open at record highs

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Shares of the major banks Bank of America, Morgan Stanley and Citigroup were up more than 1 percent. Last week, the blue-chip Dow rose 2.16 percent, and the broader S&P 500 was up 1.58 percent, while the tech-heavy Nasdaq rallied 1.39 percent. Read More »

Wall Street Started on a Stronger Note on September 18

At 12:33 p.m. ET (1633 GMT), the Dow Jones Industrial Average was up 78.77 points, or 0.35 percent, at 22,347.11, the S&P 500 was up 5.67 points, or 0.22 percent, at 2,505.9 and the Nasdaq Composite was up 26.97 points, or 0.42 percent, at 6,475.44. Read More »

Fed rate hike remains uncertain after Harvey, Irma

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European stocks are expected to slip modestly at the start of trading Tuesday as global investors pull back from record highs ahead of the first day of the U.S. The Bank of Japan is widely expected to maintain its massive asset buying campaign at a meeting on Thursday . While the Fed has lifted interest rates three times since December, 10-year yields have fallen as expectations for faster inflation and fiscal stimulus from the Trump administration proved to be short-lived. Read More »

Maria 'rapidly intensifies' to major hurricane

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The initial intensity of Maria has been increased to 140 knots (about 160 mph), making Maria a potentially catastrophic category 5 hurricane . The storm's peak winds were around 75 miles per hour and expected to remain at that intensity before gradually weakening on Wednesday. Read More »

Ryanair publishes cancelled flights list after pilot holiday chaos

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There is a clause in the aviation regulations which says the airline does not have to pay compensation if there are exceptional circumstances behind the cancellation and the airline has taken all reasonable steps, but the Commission said that clause does not apply in the case of flights cancelled because of the leave issue at Ryanair . Read More »

BoE Governor Says Brexit is Inflationary

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Brexit is a unique experience compared to what we have been used to seeing over the last 50 years. The change in the BoE's guidance has prompted two of Britain's "Big Four" banks - HSBC and Barclays - to forecast higher United Kingdom interest rates as soon as the BoE's November meeting. Read More »

Heat on Koeman as Everton's EPL slide continues

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Ronald Koeman's side were still threatening an equaliser when former Everton striker Romelu Lukaku set up Mkhitaryan to sidefoot United's second after 83 minutes. We are not in a transfer period and on the day we played Liverpool that affected us. Sterling or Aguero? Who will score a goal? "We don't look at our opponents, we stay focused on us". Read More »

Equifax executives subject to criminal probe

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Lawmakers, state attorneys general and several regulators are scrutinizing the breach that compromised the privacy of 143 million USA consumers, according to Equifax statements . Visit MarketWatch.com for more information on this news. Thousands of consumers also had financial data like credit card numbers and dispute documents accessed. Read More »

Federal Reserve widely expected to hold interest rates steady this week

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On the geopolitical front, U.S. President Donald Trump makes his first address before the United Nations on Tuesday as foreign leaders gather in NY to discuss how to deter North Korea from developing nuclear arms top of the agenda. STRONG DEFENSE: Aerospace manufacturer Orbital ATK soared 20.4 percent after agreeing to be acquired by Northrop Grumman. Contracts on the Kospi index rose 0.1 percent and those on Australia's main gauge were up 0.3 percent. Read More »

The Equifax Breach and 5 Years of Missed Warning Signs

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Put a credit freeze on your credit report . Equifax said that its United Kingdom systems hadn't been impacted by the attack by information on those affected here may have been because of a process failure in 2016, which meant that some United Kingdom data was stored on the U.S. Read More »

US Oil Prices Rise Above $50

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This is similar to what the EIA had expected at some point earlier this year and is well above the weak 1.3 million barrels per day in growth that the IEA had anticipated as recently as May of this year for the whole of 2017. Contrary to the widely held assumption at the beginning of 2014 that these shale producers needed oil prices of at least US$60 to US$90 per barrel to survive, depending on the reservoir, as it now stands many of them in the best locations require much lower pricing both ... Read More »

Navy fires 2 commanders in connection with ship collisions

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Williams was the commander of Task Force 70, which includes the aircraft carriers, destroyers and cruisers in the 7th Fleet, and Bennett was commander of the destroyer squadron. On Tuesday, the Senate Armed Services Committee is scheduled to hold a hearing looking at the recent Navy accidents at sea. Navy commanders have approved numerous waivers to expiring certifications of standards, such as seamanship, Moran told the Seapower and Projection Forces Subcommittee of the House Armed ... Read More »

Gulf Power Crews Deploy To Restore Power After Irma

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Gould said the bottom line is FPL wants everyone "to be safe and patient". Heavy winds with gusts of more than 50 miles began hitting the Atlanta metro area by early afternoon, downing trees and power lines. Only 59 power substations were down Tuesday, out of the company's more than 600. FPL, which serves 5 million accounts representing 10 million people in 35 counties, credits a $3 billion strengthening of its system after Hurricane Wilma in 2005 for the minimal damage. Read More »

Child Passenger Safety Campaign Increases Awareness About Child Car Safety

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The week will culminate in National Seat Check Saturday, with more than 1,000 technicians assisting with the proper use and installation of auto seats, boosters and seat belts. They can also check to see if the seat has been recalled or the seat is appropriate for a certain child, as each seat has an expiration date and weight limit. Read More »

Toys R Us may file for bankruptcy before the holidays

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A spokeswoman for Toys "R" Us did not immediately respond to a request for comment. However, Toys "R" Us is considered to be the biggest retailer to take the bullet so far. The move comes as part of its potential plan to restructure around $400 million in debt, which is due in 2018. The firm, which has 1,600 stores across the globe, is struggling to cope with the shift to shopping online, according to claims by the Wall Street Journal and Reuters . Read More »

National Cheeseburger Day deals and freebies

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Kuma's Corner - Kuma's is bringing back an old school burger - The Clutch - for one day only, National Cheeseburger Day! Customers also get a second free cheeseburger on their birthday. Customers who complete the challenge will receive a $20 gift card and a free T-shirt stating their victory. Dog Haus' customers can upgrade from a single cheeseburger to a double cheeseburger at no extra charge on Monday. Read More »

Northrop Grumman nears deal to purchase Orbital

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Northrop will assume $1.4 billion in Orbital's net debt as part of the deal, the companies said. Orbital did not immediately respond to a request for comment. The takeover is Northrop's first big deal for several years and is a departure from its focus of returning profits to shareholders. The transaction that could be announced as soon as Monday, according to one person, said to be familiar with proceedings. Read More »