Money

Fed Stands Pat On Interest Rates, December Hike On Tap

Unemployment dropped to 4.2 percent in September, its lowest level since 2001, even as the number of workers on payrolls fell for the first time in seven years thanks to the effects of hurricanes Harvey and Irma. "Gasoline prices rose in the aftermath of the hurricanes, boosting overall inflation in September", the central bank noted. The Fed's preferred inflation measure sits at 1.3 percent aft... [Full Article...]

Estee Lauder tick higher in premarket after first quarter results beat expectations

Estee Lauder tick higher in premarket after first quarter results beat expectations Lauder holds 350,000 (0.09% of shares outstanding) and Cedric Prouve holds 171,827 (0.05% of shares outstanding). This indicates a relatively solid earnings per share growth rate of 42.45% over the next few years, which is an optimistic outlook in the near term. [Full Article...]

Cognizant (CTSH) Q3 Earnings Top Estimates, Revenues In Line

In terms of earnings per share, 27 analysts have a 0.98 EPS mean target for the quarter ending Dec-17, for the quarter ending Mar-18, 23 analysts have a 1.01 EPS mean target and for the quarter ending Mar-18 there are 30 estimates of 3.70 EPS. [Full Article...]

Starbucks' 2017 holiday cups have arrived

Starbucks' 2017 holiday cups have arrived There are a few signs that the holiday season has arrived: The leaves start to turn orange and red. Ah, the Starbucks holiday cups have had quite the evolution over the years. As for what to drink in those cups, three of the chain's signature holiday drinks - the Chestnut Praline Latte, the Caramel Brulée Latte and the Peppermint Mocha - are also making their return Wednesday. [Full Article...]

Watching Shares of JP Morgan Chase & Co (JPM) — Technical Focus

The Illinois-based Envestnet Asset Inc has invested 0.21% in JPMorgan Chase & Co. EPS is the portion of a company's profit allocated to each exceptional share of common stock. Since May 17, 2017, it had 0 buys, and 2 selling transactions for $392,321 activity. Williams %R is a popular technical indicator created by Larry Williams to help identify overbought and oversold situations. [Full Article...]

Oil flat, erases gains as USA crude draw shy of API report

Energy Information Administration. Brent, against which half of the world's oil is priced, increased to $61.32 a barrel by 8:00pm, up around 37 per cent from its 2017 lows hit in June. OPEC's Secretary General Mohammad Barkindo noted last week comments from both Saudi Arabian Crown Prince Mohammed bin Salman and Russian President Vladimir Putin that suggested they were in favor of a nine-month e... [Full Article...]

IPhone X costs $100 more at Best Buy

IPhone X costs $100 more at Best Buy If Apple retains the same pricing for next year's 5.85-inch iPhone X as that of this year's iPhone X models - $999 for the model with the baseline 64GB storage and $1,149 for the one with upgraded storage - then this would mean that the baseline 6.46-inch iPhone X would have to start somewhere north of $999. [Full Article...]

S/Africa's unemployment rate remains unchanged - Agency

S/Africa's unemployment rate remains unchanged - Agency The less educated are more likely to be unemployed. The unemployment rate is expected to come under increased focus after the new Labour-led government said it plans to review the central bank legislation that now has a sole focus on inflation. [Full Article...]

United Kingdom house price growth picks up in October

The small rise in prices is due in part to high employment and low mortgage rates, as well as a lack of housing supply. 'The lack of homes on the market is providing support to house prices'. Russell Quirk, chief executive officer of eMoov, believes that the housing market is showing defiance in the face of political and economic challenges and has outperformed wider negative predictions. [Full Article...]

Local dentist buys-back Halloween Candy for the troops

Local dentist buys-back Halloween Candy for the troops Avoid loose and baggy sleeves. Watch for long, billowing costumes: The fabric can create a trip-and-fall hazard, as well as a potential fire hazard. Children should always go trick-or-treating with a responsible adult. "Equally important is that the Halloween Candy GIVE-Back Program provides every American child the opportunity to learn about service, sacrifice and generosity". [Full Article...]

Indonesia's manufacturing PMI falls to 50.1 in October

Indonesia's manufacturing PMI falls to 50.1 in October Panellists linked subdued demand conditions to negative impacts of GST. Headline consumer price inflation reached a five-year high of 3.0 percent in September, and the cost of raw materials rose 8.4 percent on the year, according to official data. [Full Article...]

Eurozone inflation dips unexpectedly in October

Eurozone inflation dips unexpectedly in October A day after economic sentiment in the eurozone hit its highest level in almost 17 years, the EU's official statistics agency announced that the jobless rate in the single currency area fell to 8.9 percent in September, beating analyst predictions. [Full Article...]

Philadelphia 76ers undecided on Jahlil Okafor's fourth-year option

According to Keith Smith of FanRag Sports, teams usually exercise all of their team options at once, but Okafor was not included in the group mentioned above. The 76ers drafted Okafor with the No. 3 overall pick in the 2015 National Basketball Association draft and would have made $6.3 million next season if it was picked up. [Full Article...]

Tourists to be banned from climbing Uluru

Tourists to be banned from climbing Uluru According to reports , at that time it was 38%, down from 74% in the 1990s, but as of 2015, it was down to 16.2%. We welcome tourists here. The climb will shut on October 26, 2019, the 34th anniversary of the hand back of Uluru and Kata Tjuta to the Anangu. [Full Article...]

Syrian Man Arrested In Germany For Planning 'Serious Terror Attack'

Syrian Man Arrested In Germany For Planning 'Serious Terror Attack' The 19-year-old man, known as Yamen A., was arrested in the early hours of Tuesday morning in Schwerin, northern Germany. Police spokesperson Ulf Wundrack confirmed that other locations aside from the suspect's Schwerin apartment were searched by security forces as well, including in the port city of Hamburg. [Full Article...]

Shopify Inc. (NYSE:SHOP)

Shopify Inc. (NYSE:SHOP) More than 11,638,018 shares have changed hands. 8,736,987 shares of the company were exchanged. Our results underscore this, with another record quarter for merchant adds, along with a record number of store launches on Shopify Plus in the third quarter. [Full Article...]

Japanese company gives non-smokers six days off to compensate for cigarette breaks

Japanese company gives non-smokers six days off to compensate for cigarette breaks But Piala Inc isn't the only company to regulate in-house smoking as the Japanese government is working to prevent second-hand smoking in the country ahead of the 2020 Olympic and Paralympic Games in Tokyo. A leading psychologist says that Irish non-smokers should receive six extra days in holidays "to make up for the extra work they do while smoking employees take cigarette breaks ". [Full Article...]

Manhattan Terror Attack: 'Allahu Akbar' Heard by Witnesses

Manhattan Terror Attack: 'Allahu Akbar' Heard by Witnesses The police said around 3:30 p.m. that they were not looking for additional suspects. During a press conference following the incident, mayor Bill de Blasio said eight innocent people had been killed as a result of the "cowardly act". The truck came to a rest near Chambers Street, facing eastbound. "A auto just ran over 2 people and then crashed into a school bus", one person at the scene tweet... [Full Article...]

Baskin Financial Services Inc. Cuts Holdings in General Motors Company (GM)

Baskin Financial Services Inc. Cuts Holdings in General Motors Company (GM) Ford Mtr Co Del now has $48.06 billion valuation. Hedge funds and other institutional investors own 72.83% of the company's stock. There has been an observed change of -8.71% in the ownership of the shares in the past six months. BidaskClub upgraded Ford Motor from a strong sell rating to a sell rating in a report on Saturday, August 26th. Therefore 46% are positive. On Friday, July 22 the stock r... [Full Article...]

Bharti Airtel second-quarter profit plunges 77 per cent

Meanwhile, India revenues for Q2'18 at Rs 16,728 crore have declined by 13.0 percent Y-o-Y primarily led by the mobile drop of 16.8 percent Y-o-Y. Bharti Infratel's net profit went down by 17 per cent for the July-September quarter of 2017-18, a company statement said on Monday. [Full Article...]


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