Finance


App of the Week: NORAD Santa Tracker App of the Week: NORAD Santa Tracker
- December 23, 2016

Despite spotting one relative's dark hair underneath the cheap white beard at an early age, and being inquisitive enough to realize that it was all a ruse in a red suit, I still believed. "Finding a way to get a Santa for a few hours is a hard task", said Austin. Make Christmas be about showing love and giving to others out of love and kindness. (more...)
30-year mortgage rate hits 4.3%, highest in 2 1/2 years
- December 23, 2016

Jeff Lazerson of Mortgage Grader in Laguna Niguel gives us his take. Last week, average rates for 30-year mortgages with balances of $417,000 or less increased from 4.28% to 4.41%, the highest level since May 2014. Finally, the five-year Treasury-indexed hybrid adjustable-rate mortgage increased to 3.32%, up from 3.19% last week and 3.06% last year. Since Donald Trump won the election, mortgage rates have soared. (more...)
Polk mother arrested after 2nd infant dies from co-sleeping Polk mother arrested after 2nd infant dies from co-sleeping
- December 22, 2016

Piche-Pitts fell asleep on October 6 while giving her 18-day-old son a bottle of formula in bed. Police said Piche-Pitts assured her doctor she would not co-sleep with her newborn. When she awoke, the baby was unresponsive , and pronounced deceased by medical personnel at the hospital. The cause of death (determined to be accidental) was ruled asphyxia 'due to probable overlay and co-sleeping'. (more...)
City Offices Closed for Christmas, New Year's
- December 22, 2016

Mathews County Public Schools will be closed from this Monday, Dec. 19 through Monday, Jan. 2. Offices will be open and mail will be delivered as usual Friday. Christmas will be observed Monday, Dec. 26, and New Year's will be observed Monday, Jan. 2. Last day of operating was December 10. The Monroe County Public Library in Bloomington, the Ellettsville branch and the Bookmobile all will be closed Saturday and Sunday, Dec. (more...)
Goldman Sachs' stock drop is holding the Dow down
- December 22, 2016

The Nasdaq Composite .IXIC was up 24.33 points, or 0.45 percent, at 5,481.78. At session highs, the blue-chips index came within 13 points of hitting the milestone mark, before closing 90 points higher, after hitting a new intraday high, with Goldman Sachs contributing the most gains, as CNBC reports. (more...)
Says Pipelines Reopened in the Country's West
- December 21, 2016

Robbie Fraser, commodity analyst at Schneider Electric, said indications of a ramp up by US shale producers is capping oil's recent gains. It reopened in mid September, but repairs were needed before tankers could load at the port, and its capacity remains far below its pre-conflict level of 350,000 barrels per day (bpd). (more...)
Amazon to add more than 1000 full-time jobs in Aurora Amazon to add more than 1000 full-time jobs in Aurora
- December 21, 2016

Amazon could qualify for about $2.6 million in MI state funding if it creates 350 qualified jobs by the end of 2018. The final agreement is contingent on Livonia approving property tax abatements for the fulfillment center warehouse, where employees help ensure online product orders are swiftly sent to customers. (more...)
President Obama Blocks Oil Drilling in Arctic and Atlantic Oceans!
- December 21, 2016

No president has ever rescinded a previous president's permanent withdrawal of offshore areas from oil and gas development. The move is a victory for environmentalists, and it portends a potential legal fight over whether the Obama administration is overstepping its bounds and whether President-elect Donald Trump has the right to undo the action after he takes office. (more...)
Delta Air Lines, Inc. (NYSE:DAL) Expected To Report $0.75 Delta Air Lines, Inc. (NYSE:DAL) Expected To Report $0.75
- December 21, 2016

Insider Trades for Delta Air Lines, Inc . show that the latest trade was made on 6 Dec 2016 where Sear (Steven M ), the Officer completed a transaction type "Sell" in which 4671 shares were traded at a price of $49.5. Finally, Capital Guardian Trust Co. boosted its stake in shares of Delta Air Lines by 168.2% in the second quarter. Argus reiterated a "buy" rating and set a $60.00 price target on shares of Delta Air Lines in a report on Friday, July 15th. (more...)
FDA Approves Clovis Oncology's Ovarian Cancer Treatment FDA Approves Clovis Oncology's Ovarian Cancer Treatment
- December 21, 2016

Vetr's target price indicates a potential downside of 4.89% from the stock's current price. Current stock price is in the upbeat territory taking into account of 20 days moving average with -0.85% and continued bullish run for 50 days moving average with -18.84%. (more...)
Form Origi braced for feisty Merseyside derby
- December 21, 2016

Everton were able to stifle Liverpool's speedy game plan for the first half , keeping the majority of the offensive pressure out of the penalty area. With Liverpool struggling creatively, Sturridge provided a different option to Klopp's "Plan A" and injected pace and energy into the final third in the closing stages of the game. (more...)
Lampard: Dominant Chelsea Premier League favourites Lampard: Dominant Chelsea Premier League favourites
- December 21, 2016

The match kicks off at 4 p.m. GMT (11 a.m. ET), and our coverage starts shortly beforehand. Chelsea's Italian head coach Antonio Conte (C) applauds the fans following the English Premier League football match between Crystal Palace and Chelsea at Selhurst Park in south London on December 17, 2016 . (more...)
BlackRock Fund Advisors Boosts Stake in General Mills Inc. (GIS) BlackRock Fund Advisors Boosts Stake in General Mills Inc. (GIS)
- December 21, 2016

Following the release of earnings, the company's share price fell more than 4% from its close of $63.06 on December 19 in early morning trading on the New York Stock Exchange. General Mills had a return on equity of 33.82% and a net margin of 10.33%. The business's revenue for the quarter was down 7.1% compared to the same quarter past year. (more...)
Walgreens, Rite Aid shed 865 stores to close $9.4B deal Walgreens, Rite Aid shed 865 stores to close $9.4B deal
- December 21, 2016

Walgreens Boots Alliance did not disclose immediately what Rite Aid locations could be transferred to Fred's. It seems, despite much whisper and rumor, neither Kroger nor Albertsons will be buying up hundreds of Rite Aids as the chain looks to be acquired by Walgreens Boots Alliance . (more...)
Lebanon forms new government, vows to 'preserve stability'
- December 20, 2016

Yacoub al-Sarraf, a political ally to Aoun, will be the new defense minister, while the important post of energy and water minister will go to Cesar Abou Khalil. Al-Hariri was previously a prime minister between 2009 and 2011. Armenians Avedis Gidanian of the Armenian Revolutionary Federation (ARF) and former Minister of State for Administrative Development Jean Oghassabian are a part of the new Cabinet, according to Armenia's Hay Dzayn news outlet. (more...)
Lebanon announces forming of new cabinet
- December 20, 2016

Prior to Michel Aoun's emegernce in October, Lebanon had been without a president since 2014 when Suleiman Michel stepped down in May upon the expiration of his tenure. Mr Hariri was nominated to form Lebanon's next government in November, but it was expected that the process would not go smoothly thanks to his fierce opposition of Hezbollah, the influential Shia movement, which he maintains assassinated his father in 2005. (more...)
Deadline extended to sign up for Jan. 1 Obamacare coverage
- December 19, 2016

Citing "extraordinary consumer demand" to enroll Thursday in health insurance under the Affordable Care Act, the U.S. Department of Health and Human Services has extended the deadline to Monday to enroll and still have coverage beginning January 1. (more...)
English Woman Gives Birth After Having Fertility Restored with Frozen Ovary
- December 19, 2016

Five slices of Moaza's ovarian tissues were transplanted back in her body a year ago in Denmark. "I always believed that I would be a mom and that I would have a baby". To maximize her chances of conceiving, she and her husband Ahmed underwent IVF, and now they have a son. Pieces of Moaza's ovarian tissues were blended with cryo-protective agents, which were then steadily cooled down to minus 196 degree Celsius and then liquid nitrogen was used to store it. (more...)
Yahoo security problems a story of too little, too late
- December 19, 2016

Yahoo's stock price has plunged 12 percent to December 16 since the day in September when it revealed the half-billion-account hack. Yahoo clarified that hashed passwords produced through MD5 are the ones hacked this time . "Yahoo has fallen down on security in so many ways I have to recommend that if you have an active Yahoo email account, either direct with Yahoo of via a partner like AT&T, get rid of it", Stu Sjouwerman, chief executive of cyber security firm KnowBe4 Inc, said in a ... (more...)
Yahoo hack: Have an account? Here's what you need to know Yahoo hack: Have an account? Here's what you need to know
- December 19, 2016

The revelation of Yahoo's latest hack underscores what many Americans have known for years: All those emails, photos and other personal files stored online can easily be stolen, and there's little anyone can do about it. "These are the sorts of questions that ask you where you first went to school or what the name of your first pet was". "Yahoo users could have had immaculate computer security and still been the victim here", said Will Ackerly, chief technology officer at Virtru, a ... (more...)
Sumner Redstone leaving Viacom board after February meeting
- December 19, 2016

Media giant Sumner Redstone's National Amusements is cancelling the recommendation following which CBS and Viacom were to rejoin after splitting their ways a decade ago. That case, in which a previous buddy of Redstone tested his mental limit, had been expelled by the judge a week prior. CEO's October elder abuse suit against Holland and another of the nonagenarian's former lovers, Manuela Herzer. (more...)
Reliable stocks in today's share market: Las Vegas Sands Corp. (NYSE:LVS)
- December 18, 2016

The stock revealed the change of -2.63% with down momentum. The stock traded with the volume of 7.08 Million shares yesterday. Coty Inc. (NYSE:COTY) reported its last quarterly earnings on Sep 16 where the firm reported its Actual EPS of $0.23/share against the analyst consensus estimate of $0.33/share. (more...)
Monte dei Paschi making final effort to woo retail investors
- December 18, 2016

The offer runs from December 16 to 21.The bank, noting there could be no certainty Rome would pump in public money, warned that any state aid could force bondholders to convert their securities on worse conditions than those of the lender's voluntary debt swap offer. (more...)
BAMTech paying $300M for 'League of Legends' e-sports rights
- December 18, 2016

Major League Baseball's technology services company BAMTech signed an exclusive streaming rights deal with gaming publisher Riot Games for a minimum of $300 million, according to the Wall Street Journal . Banking on earnings generated by advertisements and sponsorships, BAMTech and Riot together seek to take their financial success several steps further. (more...)
TD raises mortgage rates for third time in a month TD raises mortgage rates for third time in a month
- December 18, 2016

Home borrowing costs have climbed with a surge in USA 10-year Treasury bond yields, which this week hit their highest since September 2014 in the wake of Donald Trump's US presidential win. Lately, Canadian banks have had to re-think their mortgage rates because of moves in bond markets as well as policy changes in Ottawa. "If rates continue their upward trend, expect mortgage activity to be significantly subdued in 2017", Becketti said in a statement. (more...)