Business


Safe-haven currencies rally as US-North Korea tensions escalate
- August 14, 2017

The most traditional safe havens at times of mounting geopolitical unrest are the Swiss franc and gold, and both were big movers on Wednesday. The sell-off is likely to extend into the European session today , with financial spreadbetter CMC Markets expecting Germany's DAX and France's CAC 40 to open down about 0.7% each and Britain's FTSE 100 to start 0.55% lower. (more...)
Sri Krishna Janmashtami at ISKCON, Mysuru Sri Krishna Janmashtami at ISKCON, Mysuru
- August 14, 2017

One of the most important festivals of the Hindu religion, Janmashtami falls on August 14 this year. The festival is celebrated in states like Mathura, Gujarat, Rajasthan and in the northeastern states like Assam and Manipur. One such portrayal is the chapter narrates that Lord Krishna's uncle King Kansa wants to kill the Lord himself as he poses a threat to the life of King Kansa. (more...)
Why the Bitcoin price just rocketed past US$4000 Why the Bitcoin price just rocketed past US$4000
- August 14, 2017

Rising worries about North Korea's nuclear threat have sent investors flocking to perceived safe-havens and alternative assets. According to CNBC , this recent rally has been largely the result of demand from Japanese traders. "It's just created new value out of nowhere", Rob Moffat, a partner at Balderton Capital, told VentureBeat . Why has Bitcoin rocketed higher? The split was created to deal with the growing popularity of bitcoin , which was struggling to support an increasing ... (more...)
Thomson Reuters Corp (TRI) Issues FY17 Earnings Guidance
- August 14, 2017

The fund held 18,020 stocks of the firm services provider's shares after unloading 155 shares through out the quarter. Palo Capital Inc.'s holdings in Thomson Reuters Corp were worth $746,000 at the end of the most recent reporting period. Lastly, Canaccord Genuity cut shares of Thomson Reuters from a "buy" recommendation to a "hold" recommendation and fixed a $47.00 PT for the company.in a study note on early Mon, May 1st. (more...)
North Korea Dispute Remains on the Forefront; Dollar Weakens on Inflation North Korea Dispute Remains on the Forefront; Dollar Weakens on Inflation
- August 14, 2017

South Korea 's KOSPI fell 1.7 percent on Friday to its lowest level since May 24, but its losses for the week are a relatively modest 3.2 percent. Meanwhile, euro/dollar was 0.2% up, just shy of the 1.18 handle, pound/dollar was flat, having earlier hit a three-week low of 1.2939 and dollar/yen was 0.1% down above the 109 level - the pair fell to 108.72 after the data on US CPI, its lowest since April 20. (more...)
Jentner Corp Continues to Hold Position in iShares Russell Microcap Index (IWC)
- August 14, 2017

Gibson Capital LLC now owns 2,146 shares of the exchange traded fund's stock worth $247,000 after buying an additional 400 shares during the period. Janney Montgomery Scott LLC boosted its position in iShares Russell 1000 Growth Index by 9.4% in the second quarter. (more...)
Trump warning over North Korea hits markets Trump warning over North Korea hits markets
- August 14, 2017

Pacific territory of Guam. In Trump's first tirade, he stated that North Korea will be met with " fire and fury " if it pursues its plans. This is surely welcome news after 2016 was the first year in which overall productivity in the USA dropped since 1982. (more...)
Trump Warned over Hawkish Rhetoric against North Korea
- August 14, 2017

The Rasmussen poll shows Trump's approval rating increased after North Korean leader Kim Jung un threatened a missile strike on the nearby island of Guam , a US territory with an American military base. Just as we reach the 72nd anniversary of the nuclear bombings of Hiroshima and Nagasaki, President Trump is making thinly veiled threats to again use USA nuclear weapons if they continue the same behavior! '[The] juxtaposition of tough sanctions and military exercises has predictably ... (more...)
Tyler Clippard Traded to Astros from White Sox Tyler Clippard Traded to Astros from White Sox
- August 14, 2017

The Sox acquired Clippard on July 19 in the trade that sent relievers David Robertson and Tommy Kahnle and third baseman Todd Frazier to the Yankees . He's made 14 postseason appearances, including three appearances for the Mets in the 2015 World Series. The 11th-year veteran is 2-6 with a 4.27 ERA and 72 strikeouts in 461/3 innings with the Sox and Yankees this year. (more...)
US stocks close higher, post weekly decline US stocks close higher, post weekly decline
- August 14, 2017

Technology and healthcare stocks were among the big gainers . Volatility gauges from the U.S. to Japan rose after president Donald Trump said in response to a Washington Post report on North Korea's nuclear capabilities that further threats from the country would be met with " fire and fury ". (more...)
TSX hits 1-month low on risk aversion, lower oil prices
- August 14, 2017

That weighed on bank shares, which were down the most . The benchmark Korea Composite Stock Price Index lost 39.76 points, or 1.69 percent, to 2,319.71. Investor ValueAct disclosed that it had acquired a 7.2 percent stake in the digital storage company. Health care and consumer-focused companies were among the biggest laggards. (more...)
US stocks fall in early trading amid US-North Korea tensions US stocks fall in early trading amid US-North Korea tensions
- August 14, 2017

The Dow slumped 204.69 points, or 0.9%, to 21,844.01, while the S&P 500 dropped 1.5% to finish at 2,438.21. The pan-European FTSEurofirst 300 index lost 1.01 percent and MSCI's gauge of stocks across the globe shed 0.26 percent for a weekly loss of 1.6 percent, the largest since the week to November 4. (more...)
Gold Fields Limited (NYSE:GFI) Earning Somewhat Positive News Coverage, Analysis Finds Gold Fields Limited (NYSE:GFI) Earning Somewhat Positive News Coverage, Analysis Finds
- August 14, 2017

Co's holdings in Gold Fields Limited were worth $736,000 as of its most recent SEC filing. Accern also assigned press coverage about the company an impact score of 45.8012599678172 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the next several days. (more...)
FTSE 100 takes cover from war of words over South Korea FTSE 100 takes cover from war of words over South Korea
- August 14, 2017

Chinese mainland shares were also down 1.8 percent. If you purchase before the ex-dividend date, you get the dividend. Early indications from US futures prices suggest a slight dip at the opening bell for the Dow Jones Industrial Average of around 0.21%, with slightly larger pullbacks anticipated for the broader S&P 500 and the Nasdaq. (more...)
Mourinho comments on Man United's title chances Mourinho comments on Man United's title chances
- August 14, 2017

Four things to take away from Manchester United's opening day win over West Ham United . Lukaku scored a consolation goal as United lost 2-1 to Real Madrid in the UEFA Super Cup in the Macedonian capital Skopje on Tuesday and his team-mates have been impressed by what they have seen in pre-season. (more...)
Japan GDP Jumps 1.0% In Q2 Japan GDP Jumps 1.0% In Q2
- August 14, 2017

Private consumption, accounting for almost 60 percent of GDP , gained 0.9 percent, extending its growth streak to six quarters, buoyed by brisk sales of durable goods such as cars and air conditioners. This figure came in ahead of median analysts' expectations of a 0.6-percent increase. In nominal terms, April-June GDP rose 1.1% from the previous quarter, or annualized growth of 4.6%. (more...)
(NASDAQ:SBRA) To Go Ex-Dividend on August 14th (NASDAQ:SBRA) To Go Ex-Dividend on August 14th
- August 14, 2017

Sabra Healthcare REIT earned a news impact score of 0.19 on Accern's scale. Canaccord Genuity reaffirmed a "hold" rating and issued a $26.00 price target on shares of Sabra Healthcare REIT in a research note on Tuesday, May 9th. The real estate investment trust reported $0.25 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.58 by $0.33. The firm had revenue of $62.65 million for the quarter, compared to analysts' expectations of $63.47 million. (more...)
Unilever PLC (NYSE:UL) Stake Cut by Grandfield & Dodd LLC
- August 14, 2017

HL Financial Services LLC's holdings in Unilever NV were worth $665,000 at the end of the most recent quarter. Several other institutional investors have also recently added to or reduced their stakes in UL. Investors of record on Thursday, August 3rd will be given a GBX 31.83 ($0.41) dividend. This dividend amount will represent a yeild of $2.89. This is a positive change from Unilever PLC's previous quarterly dividend of $0.38. (more...)
Investors seek safety as N. Korea tension escalates; stocks end off lows Investors seek safety as N. Korea tension escalates; stocks end off lows
- August 14, 2017

The three major USA indices have sold off this week amid investors' jitters after Trump said on Tuesday that threats from Pyongyang would be "met with fire and fury like the world has never seen". The stock lost $2.80 to $9.04. TripAdvisor shares shed $3.34, or 8.5 percent, to $36.21. The major index futures are now pointing to a modestly higher open for the markets, with the Dow futures up by 21 points. (more...)
Gardaí Carrying Out Search In Relation To Trevor Deely Case Today Gardaí Carrying Out Search In Relation To Trevor Deely Case Today
- August 14, 2017

They were also known to have been active in the area of south inner city Dublin where Mr Deely was last seen alive. Mr Deely - originally from Co Kildare - went missing 17 years ago, and it is hoped the search will lead to a breakthrough in the case. (more...)
Zacks Investment Research Lowers US Silica Holdings, Inc. (NYSE:SLCA) to Sell
- August 14, 2017

Silica Holdings worth $8,085,000 at the end of the most recent reporting period. Vaughan Nelson Investment Management L.P. purchased a new position in shares of U.S. The ex-dividend date is Thursday, September 14th. With all other things going on, U.S. Silica Holdings, Inc. This represents a change of 0.95% from the opening. (more...)
Wall Street opens lower as tensions with North Korea escalate Wall Street opens lower as tensions with North Korea escalate
- August 14, 2017

The S&P 500 Index (SPX - 2,474.02) lost 0.9 point, or 0.04%. "Amid tensions in the worldwide arena, it's hard to seek higher prices ahead of three days of holidays", Kawaguchi said . Manuel Oliveri of Credit Agricole said about the single currency,"The euro has become more correlated to risk in recent weeks and sentiment is still a bit cautious", adding "though the euro upside trend is likely to remain intact over the longer term". (more...)
Snap Inc. (NYSE:SNAP) Stock Rating Lowered by Cleveland Research
- August 14, 2017

TrimTabs Asset Management LLC raised its position in Snap-On by 88.4% in the first quarter. DekaBank Deutsche Girozentrale raised its position in Snap-On by 21.2% in the second quarter. First Midwest Bank Trust Division increased Snap On Inc (SNA) stake by 131.69% reported in 2016Q4 SEC filing. Institutional investors own 30.16% of the company's stock. (more...)
Silver Wheaton Corp (NYSE:WPM) Posts Quarterly Earnings Results, Hits Expectations Silver Wheaton Corp (NYSE:WPM) Posts Quarterly Earnings Results, Hits Expectations
- August 14, 2017

David Iben increased its stake in Silver Wheaton Corp ( SLW ) by 95.73% based on its latest 2016Q4 regulatory filing with the SEC. The firm had revenue of $200 million for the quarter, compared to analyst estimates of $217.81 million. Hedge funds have recently added to or reduced their stakes in the company. Cambridge Investment Research Advisors Inc. boosted its position in shares of Wheaton Precious Metals Corp by 1.0% in the first quarter. (more...)
Tainted eggs found in Hong Kong, checks intensified Tainted eggs found in Hong Kong, checks intensified
- August 13, 2017

However, 11 products containing egg - including sandwiches and salads - have been withdrawn from supermarkets. "Many of the eggs involved were mixed with other eggs which have not come from affected farms so Fipronil residues will be highly diluted ". (more...)
Kuwait says most of Gulf oil spill cleaned up Kuwait says most of Gulf oil spill cleaned up
- August 13, 2017

The Khajfi Joint Operations (KJO) said in a statement on the Saudi Press Agency early on Sunday that its facilities were safe and were clear of a spill "which (media) reports said was due to an oil tanker". "The government failed to issue a statement communicating the severity of this disaster. This will have an impact on the fish, the food people consume, and it directly affects their health and safety". (more...)
Brokers Issue Forecasts for Highwoods Properties, Inc.'s FY2018 Earnings (HIW)
- August 13, 2017

Media stories about Highwoods Properties (NYSE:HIW) have trended somewhat positive recently, Accern Sentiment reports. Vanguard Group Inc. now owns 16,087,977 shares of the real estate investment trust's stock worth $790,402,000 after buying an additional 749,245 shares during the last quarter. (more...)
PACCAR Inc. (NASDAQ:PCAR) Stake Maintained by Hartford Financial Management Inc
- August 13, 2017

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. M&T Bank Corp now owns 53,051 shares of the company's stock worth $3,565,000 after buying an additional 11,019 shares during the period. (more...)
United States stocks tumble on North Korea worries United States stocks tumble on North Korea worries
- August 13, 2017

That reset is being triggered by North Korea geopolitical concern and stretched valuations", said Peter Kenny, senior market strategist at Global Markets Advisory Group, New York. "There was some skittishness earlier but then some buyers stepped in", he said. "I think a few investors are capitulating to it". The U.S. equity market is hovering near record levels and volume has been tepid following the onset of summer. (more...)
Mamata Banerjee refuses to follow center's directive on Independence Day celebrations Mamata Banerjee refuses to follow center's directive on Independence Day celebrations
- August 13, 2017

On many occasions, she has locked horns with the central government and the story has been repeated once again after Mamata refused to follow the directives provided by the center regarding Independence Day celebrations at schools on August 15. (more...)