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Forex markets' reaction muted on economic data, dollar on rise

Forex markets' reaction muted on economic data, dollar on rise The dollar index fell 0.32 per cent, with the euro up 0.42 per cent to US$1.1819. Global stocks lost almost $1 trillion last week after US President Donald Trump warned North Korea that it would face " fire and fury " if it threatened the United States, leading to a war of words between Pyongyang and Washington. [Full Article...]

Global stocks selloff stops at Wall Street; gold, yen tick up

Global stocks selloff stops at Wall Street; gold, yen tick up Spot gold prices were down 0.6 per cent at $1,274.31 per ounce this morning. Among the market's biggest percentage losers, Prometic Life Sciences Inc tumbled 9.1 percent to C$1.20 after the biopharmaceutical company reported quarterly revenue that sharply missed expectations. [Full Article...]

Major German air carrier files for insolvency

Major German air carrier files for insolvency The move offers Lufthansa and rivals a chance to acquire slots at airports such as Berlin Tegel and Duesseldorf, with Germany's largest airline keen to defend its domestic position against expansion by low-priced rival Ryanair. Speculation over its finances has hit bookings. The carrier, which reported a €782 million (Dh3.31 billion) loss in 2016, said the losses widened further to €293.3 millio... [Full Article...]

Endo International plc (ENDP)

Macquarie Group Ltd. now owns 6,500 shares of the company's stock worth $107,000 after buying an additional 3,700 shares during the last quarter. Finally, Citigroup Inc. The firm had revenue of $875.73 million during the quarter, compared to analyst estimates of $832.66 million. During the same quarter previous year, the business earned $0.86 EPS. [Full Article...]

Amazon Launches Instant Pickup Service

Amazon Launches Instant Pickup Service Think of it as an ultra-speedy extension of Amazon's existing Prime delivery service. But there are a few bigger ticket items, like headphones and - naturally - Amazon devices, available as well. For more information about Instant Pickup, visit www.amazon.com/InstantPickup or, if Instant Pickup is available at a location near you, tap the menu button at the top of the Amazon App, then look for Ins... [Full Article...]

Brazil Retail Sales Grow For Third Month

Brazil Retail Sales Grow For Third Month The May 2017 to June 2017 percent change was revised from down 0.2% to up 0.3%. In addition, the retail sales figures for June were revised to show a 0.3% rise instead of the previous estimate of a 0.2% drop. Low savings and tepid wage growth suggest households would need to borrow to maintain spending. Gasoline station sales fell 0.4 per cent, although the decline slowed sharply from the 1.5 ... [Full Article...]

US Retail Sales Climb More Than Expected In July

US Retail Sales Climb More Than Expected In July The US dollar got a boost on Tuesday after data showed retail sales in the US held up well in July, while a measure of business activity among NY state's manufacturers rose at its fastest pace in three years. Consumer spending accounts for around 70 percent of economic activity. Low savings and tepid wage growth suggest households would need to borrow to maintain spending. [Full Article...]

North Korea Has Markets Nervous But Not Panicked

North Korea Has Markets Nervous But Not Panicked The benchmark USA yield on Thursday was just above 2.2 percent, at its lowest level since late June, as investors bought up Treasuries, a classic safe harbor. Kinahan. In currencies, the yen rose 0.8 percent versus the greenback at 109.2 per dollar, the strongest level for the Japanese currency since mid June. [Full Article...]

One of the Richest Israeli Businessmen was Arrested for Money Laundering

One of the Richest Israeli Businessmen was Arrested for Money Laundering According to Israeli press, Granot was one of five business people who were detained for questioning on Monday, apparently in connection with the arrest of Beny Steinmetz , a mining billionaire. They said searches were carried out in the suspects' homes and offices and the detainees were suspected of having "acted together and methodically with the prime suspect in order to create and present fic... [Full Article...]

Costco owes Tiffany more than $19 million for selling counterfeit rings

Costco owes Tiffany more than $19 million for selling counterfeit rings In a statement, Costco said the ruling "is a product of multiple errors in pretrial, trial, and post-trial rulings". "From a purchaser list of approximately 2,500, Tiffany identified fewer than 10 who said they had misunderstood Costco's signage". [Full Article...]

Japan's PM donates to controversial war shrine

Japan's PM donates to controversial war shrine This year's anniversary comes amid an escalation in threats between North Korea and the United States, with Pyongyang last week announcing plans to launch missiles at the U.S. Joseph Dunford in meetings Monday with senior South Korean military and political officials appeared to be an attempt to ease anxiety over tit-for-tat threats between President Donald Trump and North Korea while also showing... [Full Article...]

I Can Play With Alexandre Lacazette - Olivier Giroud

I Can Play With Alexandre Lacazette - Olivier Giroud After a mistake by Arsenal's defense - which was shockingly comman throughout the game - Albrighton smoothly placed a low hanging ball across Petr Cech's six-yard-box right to the feet of Jamie Vardy . "He's an intelligent player". Despite a Danny Wellbeck leveller on the stroke of halftime, the Emirates Stadium crowd was growing increasingly anxious and, when Vardy scored his second with... [Full Article...]

Sell-Side Analyst's Predictions: Cypress Semiconductor Corporation (CY), Planet Fitness, Inc. (PLNT)

MagnaChip Semiconductor Corporation ( NYSE MX ) traded down 2.38% on Tuesday, reaching $10.25. About shares traded. Lattice Semiconductor Corp (NASDAQ: LSCC ) has risen 35.73% since August 10, 2016 and is uptrending. MagnaChip Semiconductor Corporation is a designer and maker of analog and mixed-signal semiconductor products for consumer, computing, communication, industrial, automotive and Intern... [Full Article...]

Why Home Depot Earnings Don't Seem to Be Enough for Investors

Why Home Depot Earnings Don't Seem to Be Enough for Investors A number of other large investors have also added to or reduced their stakes in the stock. Oppenheimer Holdings, Inc. set a $178.00 price objective on shares of Home Depot and gave the company a "buy" rating in a research report on Tuesday, May 16th. [Full Article...]

Revolution Bars snubs Deltic's attempt to gatecrash potential merger with Stonegate

Revolution Bars snubs Deltic's attempt to gatecrash potential merger with Stonegate At the end of July, Slug & Lettuce owner Stonegate published a possible offer of 200p per share for the Revolution chain, whose share price has plummeted in recent months after it warned it was racking up higher-than-anticipated costs. The group further noted that a merger would "transform the scalability" of the enlarged company, provide scope for material synergies and enable the operational iss... [Full Article...]

Man dies after fall from upper floor of London Stock Exchange

Man dies after fall from upper floor of London Stock Exchange The London Ambulance Service attended and declared the man dead at the scene at 10.10am. "The City of London Police is now investigating the circumstances around the death and the incident is being treated as non-suspicious", said the spokesman. [Full Article...]

Amazon.com, Inc. (AMZN) To Shutter DVD Rental Biz LoveFilm

Amazon.com, Inc. (AMZN) To Shutter DVD Rental Biz LoveFilm The Lovefilm By Post service will cease operations on October 31, 2017. Nobody will be billed after 30th September either, so subscribers will also get a free month of the service. I talked to people about the Lovefilm cancellation on Twitter yesterday who will now struggle to find the world cinema films they used the service for; or the people who have intermittent internet connections; or the p... [Full Article...]

DineEquity, Inc (NYSE:DIN) Sets New 1-Year Low at $41.95

DineEquity, Inc (NYSE:DIN) Sets New 1-Year Low at $41.95 Raymond James Financial, Inc. reiterated a "market perform" rating on shares of DineEquity in a research report on Monday, July 24th. Zacks Investment Research upgraded shares of DineEquity from a "sell" rating to a "hold" rating in a research report on Tuesday, May 2nd. [Full Article...]

Neil Gaiman's Good Omens Casts David Tennant, Michael Sheen

Neil Gaiman's Good Omens Casts David Tennant, Michael Sheen BBC will also air the series after its first run on Amazon and in locations where Amazon Prime Video is not available. The six hour-long episodes of the comedy drama will air first on Amazon Prime Video for members to stream in 200 countries worldwide, with a separate BBC broadcast following afterwards in the United Kingdom in a similar model to previous co-production Ripper Street. [Full Article...]

U.S. officials play down risk of war with N Korea

U.S. Chairman of the Joint Chiefs of Staff Joseph Dunford is visiting Seoul to discuss the rise in tensions ahead of major U.S. "He conveyed America's readiness to use the full range of military capabilities to defend our allies and the U.S. [Full Article...]


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