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IBM sends S&P 500, Dow lower; Nasdaq advances

IBM sends S&P 500, Dow lower; Nasdaq advances The S&P 500 lost 4.02 points, or 0.17 percent, to 2,338.17. On the flipside, shares of Morgan Stanley rose, trading 2.8 per cent stronger as of 1.54pm in NY, as the bank posted stronger-than-expected earnings bolstered by bond trading revenue. [Full Article...]

Oil futures fall sharply after data shows United States gasoline build

The industry body American Petroleum Institute had reported an increase of 2.254 million barrels in gasoline inventories on Tuesday, setting the stage for crude's slide. Data from the American Petroleum Institute (API) on Tuesday showed that USA markets remained bloated. The plan for same-day meetings suggests the issue will be settled more quickly than a year ago, when the deal was agreed. [Full Article...]

Nasdaq jumps 0.9%, ends at record close as USA stocks rally

The S&P 500 is up 117.01 points, or 5.2 percent. The Dow added 0.86%, the S&P 500 rose 0.76%, and the Nasdaq climbed 0.92%. Technology was also higher with the S&P 500 technology sector up 0.87%. Other notable index closes included the S&P 400 Mid-Cap Index at 1721.31 for a gain of 16.56 points or 0.97%; the S&P 100 Index at 1040.57 for a gain of 7.23 points or 0.70%; the Russell 3000 I... [Full Article...]

Ontario police arrest 100 men in child prostitution case

Ontario police arrest 100 men in child prostitution case Police declined to provide further details, saying more would be revealed at a Friday morning news conference. Police say parents and guardians must monitor children's activities online or they may fall prey to pimps. Crown prosecutor Susan Orlando said 104 men have charged since 2014 as a result of the effort of York officers, with those pleading guilty receiving penalties of between three and ... [Full Article...]

Madison Bumgarner lands on DL after dirt bike accident

Madison Bumgarner lands on DL after dirt bike accident Bumgarner has been his normal self on the mound this season, with a 3.00 ERA and 2.36 FIP, plus 28 strikeouts to go with four walks in his 27 innings. In his first six full Major League Baseball season, the lefty has made at least 31 starts and exceeded the 200 innings threshold each year, although that looks unlikely to continue. [Full Article...]

Wells Fargo claws back $75M from former execs

The investigation was conduced by the board's independent directors, with help from law firm Shearman & Sterling. "The former chief executive officer, relying on Wells Fargo's decades of success with cross-sell and positive customer and employee survey results, was too slow to investigate or critically challenge sales practices in the community bank", the report said. [Full Article...]

Trump says Paris attack will help Le Pen in election

Trump says Paris attack will help Le Pen in election The two candidates who get the most votes will then face off in a run-off election on May 7. Analysts caution, however, that if Marine Le Pen does, in fact, make it through the Euro is likely to see a significant impact, given her far-right leanings. [Full Article...]

Global finance officials argue benefits of free trade

Global finance officials argue benefits of free trade Work by the lender's International Finance Corp arm in Zambia a year ago to set up auctions for private firms to build solar generating plants provides a model for his proposed approach. That capital should be mobilised to help us meet the exploding aspirations of people all over the world. The Bretton Woods institution chief also said the aftermath of conflicts-regional and internal-climate sho... [Full Article...]

WestJet to Fly Low-Cost Carrier by End of the Year

Mr Cummings declined to give specifics about the new fares, but said the cost structure would not be comparable to the deeply discounted fares offered by European ultra-low-cost carriers like Ryan Air. In planning the new service, Mr Cummings said WestJet considered both the comparatively high-cost structure of operating flights in Canada and examples from overseas, including low-priced Australian... [Full Article...]

Tesla recalls 53000 of its Model S, Model X cars

Tesla recalls 53000 of its Model S, Model X cars Shares of Tesla Inc (NASDAQ:TSLA) opened at 302.51 on Friday. ( TSLA ) to Underweight by settling a price target of $165 on 4/06/17. In a note, Goldman Sachs said that " Model 3 launch curve a concern, operating margin dilutive at current cost, and reservation conversion may be hindered by higher selling prices". [Full Article...]

Lady Gaga talks to Prince William about PTSD and mental illness

Lady Gaga talks to Prince William about PTSD and mental illness Prince William has brought Lady Gaga on board with in his efforts to persuade people to be more open about their mental health and crush the stigma associated with the issue. "I should be so happy.' But you can't help it if in the morning when you wake up, you're so exhausted, you're so sad". "It's OK to have this conversation". [Full Article...]

Heading home or on a new job: Fresno victims shot at random

Heading home or on a new job: Fresno victims shot at random Muhammad on Tuesday first walked up to a utility truck and shot a Pacific Gas & Electric Co. employee sitting in the passenger seat. The driver wasn't hit and sped toward the police department, but his partner couldn't be saved. Muhammad had shorn off the braids featured in his wanted pictures and YouTube videos, fired 16 rounds in less than two minutes at four places within a block. [Full Article...]

Hunting plc's (HTG) Sell Rating Reiterated at Canaccord Genuity

It has outperformed by 16.19% the S&P500. GBX 7528's average target is 5.10% above currents GBX 7163 stock price. The stock of Lonmin Plc (LON:LMI) earned "Underperform" rating by RBC Capital Markets on Thursday, April 7. The company has market cap of 305.73 million GBP. It has a 32.84 P/E ratio. The Company's segments include Well Construction, Well Completion, Well Intervention, and Exploration ... [Full Article...]

Quotient Investors LLC Increases Position in Stanley Black & Decker, Inc. (SWK)

Quotient Investors LLC Increases Position in Stanley Black & Decker, Inc. (SWK) Following the sale, the chief financial officer now directly owns 26,876 shares of the company's stock, valued at approximately $3,356,812.40. Kansas City Southern and Stanley Black & Decker have arranged their earnings calls before the opening bell on Friday, April 21. [Full Article...]

Trump to nominate Scott Brown as ambassador to New Zealand

Trump to nominate Scott Brown as ambassador to New Zealand Brown's position requires Senate confirmation. He ran for a full Senate term in 2012, but lost the seat to Elizabeth Warren, the darling of the progressive wing of the Democratic Party. He was previously considered for Veterans Affairs secretary in Trump's administration. Scott Brown may soon be headed to other side of the world. When rumors first surfaced weeks ago about the possible appoi... [Full Article...]

Spotify, Merlin Reach Global Indie Label Licensing Deal

Spotify, Merlin Reach Global Indie Label Licensing Deal Labels represented by Merlin include electronic-focused Armada, Beggars Group (whose sub-labels feature notable artists like Adele, Alabama Shakes, The National, Pavement, Beck, The Strokes and many more), the legendary Seattle-based Sub Pop and the punk-focused Epitaph. [Full Article...]

Trump to order US Treasury to delve into taxes, post-crisis reforms

Trump to order US Treasury to delve into taxes, post-crisis reforms President Donald Trump says businesses and individuals will receive a "massive tax cut" under a tax reform package he plans to unveil next week. The orders, which Trump will sign at the Treasury Department, next door to the White House, comes as the president works toward making good on a major campaign promise to lower taxes. [Full Article...]

San Francisco power outage snarls traffic shuts rail station

San Francisco power outage snarls traffic shuts rail station Power was lost from South of Market to the Richmond District, including the Financial District and Union Square, according to a map from San Francisco police. The San Francisco Chronicle reported (http://bit.ly/2pN3o6b ) the outage also affected the Presidio, and KRON-TV reported effects stretched to the Marina/Cow Hollow area. [Full Article...]

Cwm LLC Raises Stake in TechnipFMC plc Ordinary Share (FTI)

Over the last quarter, insiders have sold 50,140 shares of company stock valued at $1,604,983. APG Asset Management N.V. now owns 2,351,080 shares of the oil and gas company's stock worth $69,757,000 after buying an additional 1,756,327 shares during the period. [Full Article...]

Visa's adjusted profit soars 27%

Visa's adjusted profit soars 27% For fiscal 2017, Visa largely reaffirmed its guidance. Other analysts have also issued research reports about the company. $192 million non-recurring, non-cash general and administrative expense associated with the charitable donation of Visa Inc. [Full Article...]


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