• Sensex falls over 300 points; Rupee slides to almost six-month low
Sensex falls over 300 points; Rupee slides to almost six-month low

Equity benchmarks Sensex and Nifty lost heavily in wake of North Korea fears . Asian markets got their first chance to react to Standard & Poor's announcement late Thursday that it was downgrading China's credit rating , citing rising debt levels.

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  • Eurozone growth hopes reinforced by strong survey
Eurozone growth hopes reinforced by strong survey

Companies in the services sector slowed some, while manufacturing growth ticked up, IHS Markit wrote in flash results released Friday, Sept. 22, but overall private sector growth increased strongly. Germany's composite output index rose unexpectedly for the consecutive second month in September, to 57.8, from 55.8 in August. An index measuring ou...

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  • Mobile, Sprint Nearing Mega Wireless Deal
Mobile, Sprint Nearing Mega Wireless Deal

Sprint owner SoftBank of Japan would "own 40 to 50 percent of the combined company, while T-Mobile majority owner Deutsche Telekom will own a majority stake, two of the sources said", according to Reuters . Will a T-Mobile & Sprint merger be the next big thing in the wireless market? Sprint's stock was up 3.6% in pre-market trading, and T...

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  • Municipals end weaker after FOMC leaves rate steady
Municipals end weaker after FOMC leaves rate steady

Oil prices rose after Iraq's oil minister said Organization of the Petroleum Exporting Countries producers and others were considering extending a supply cut, and after data showed US crude stocks were lower than expected. Analysts widely believed that inflation developments will determine the timing of next rate hike. USA central bankers are cou...

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  • Wall St edges up as US Fed meeting is in focus
Wall St edges up as US Fed meeting is in focus

With the drop on the day, the Dow and the S&P 500 pulled back off yesterday's record closing highs. At 11:02 a.m. ET, the Dow Jones Industrial Average was down 1.88 points, or 0.01 percent, at 22,368.92, the S&P was down 1.73 points, or 0.07 percent, at 2,504.92 and the Nasdaq Composite was down 26.50 points, or 0.41 percent, at 6,434.82....

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  • Move over Deepika, Ranveer Singh to romance Jim Sarbh in 'Padmavati'
Move over Deepika, Ranveer Singh to romance Jim Sarbh in 'Padmavati'

In this Royal look, Deepika decked up with jewelry all over on her ethnic attire. Indeed, the Bollywood idol's fans have been lapping up the first look of her as the 13th-14th century Indian queen. The film Padmavati went through a lot of tribulations and controversies, yet director Sanjay Leela Bhansali managed to complete the film. The fi...

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  • SEC Says Hackers Stole Market-Sensitive Data
SEC Says Hackers Stole Market-Sensitive Data

The SEC says this was possible due to a "software vulnerability in the test filing component of our EDGAR system". "I recognize that even the most diligent cybersecurity efforts will not address all cyber risks that enterprises face", Clayton wrote .

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  • Nvidia Stock Shaken On Report Tesla Is Developing Chips With AMD
Nvidia Stock Shaken On Report Tesla Is Developing Chips With AMD

Since the appointment of Jim Keller, head of Autopilot hardware and software, Tesla's project has thrived and the company hopes to make a big gain in the autonomous vehicle market as he leads the AI chip development. Now the kicker is that Tesla has made a deal with AMD , the main rival of Nvidia , who is perhaps less known for their AI pro...

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  • United Kingdom jobs to be axed in Tata Steel, Thyssenkrupp joint venture
United Kingdom jobs to be axed in Tata Steel, Thyssenkrupp joint venture

The new company , to be named Thyssenkrupp Tata Steel , will be headquartered in Amsterdam, the companies said on Wednesday after signing a memorandum of understanding (MoU). "This business combination creates a strong number two, and is thus much better positioned to cope with the structural challenges in the European steel industry.

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  • Wpp Plc (WPP) Shares Up 2.5%
Wpp Plc (WPP) Shares Up 2.5%

It operates through four divisions: Private Equity, Real Estate, Hedge Fund Solutions and Credit. Next quarter's EPS is expected be $0.45 and the next full year EPS is projected to be $1.69. The firm has "Buy" rating given on Wednesday, August 31 by Edward Jones. On September 14 the company was downgraded to "Hold" from " by Liberum. COPYRIGHT ...

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  • Aer Lingus pushes 'rescue' sale as Ryanair issues flight cancellations update
Aer Lingus pushes 'rescue' sale as Ryanair issues flight cancellations update

Michael O'Leary, the airline's chief executive, told a press conference on Tuesday that it was clear the debacle had a "large reputational impact" and apologised. O'Leary revealed that about 400,000 booked flights will be canceled . Ryanair on Monday offered pilots who agree to work an additional 10 days a bonus of up to 12,000 euros on condit...

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  • Pound Sterling Eyes Retail Sales Data for Direction Mid-Week
Pound Sterling Eyes Retail Sales Data for Direction Mid-Week

The Governor said Brexit was likely to push up inflation in the short term as fewer workers from overseas came to the United Kingdom, making it more hard for employers to recruit and so pushing up wages. This will increase pressure on the Bank of England to lift interest rates from record lows. In a speech in honour of former International Mo...

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  • Major Averages Close Mixed Following Fed Announcement
Major Averages Close Mixed Following Fed Announcement

From the Fed meeting, which starts Tuesday, investors will want to see details of plans to begin unwinding its $4.2 trillion portfolio of Treasuries and mortgage-backed securities, almost a decade after the global financial crisis. TOKYO: Asian shares slipped on Tuesday, hobbled by uncertainty as traders awaited a Federal Reserve meeting for clues ...

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  • Higher imports, domestic output boost USA oil stockpiles, DoE says
Higher imports, domestic output boost USA oil stockpiles, DoE says

The contract stated a weekly rise of 5.1 percent with its strongest form in almost two months. "Demand forecasts from OPEC and IEA... continued to improve sentiment in the market". Crude oil prices continued to climb on Wednesday, amid hopes for additional global supply cuts, while traders eyed the release of weekly USA stockpiles data due late...

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  • Toys
Toys "R" Us files for bankruptcy

The toy chain filed for bankruptcy-court protection Monday night, another in a string of specialty retailers felled by Wal-Mart Stores Inc ., Amazon.com Inc ., and the rest of the online onslaught. "We continue to offer incredible new seasonal products and great customer service, just as we always have". Suppliers are the ones who should be mos...

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  • Indicator Focus on Shares of iShares Currency Hedged MSCI Germany ETF (HEWG)
Indicator Focus on Shares of iShares Currency Hedged MSCI Germany ETF (HEWG)

Keep in mind when using this oscillator, that it takes four mathematical steps from price itself to create the 4th derivative, the histogram: Price = two ema averages = MACD line = Signal line = Histogram. Originally developed by Donald Lambert, the CCI was created to identify long-term changes in trends, but it has been used by traders for differe...

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  • Dow Jones up 44 heading to close as market awaits Fed meet
Dow Jones up 44 heading to close as market awaits Fed meet

Currently, the major averages are just above the unchanged line. The S&P 500 gained 2.61 points, or 0.10 percent, to 2,502.84. The Dow Jones Industrial Average climbed for a sixth consecutive session, hitting another record high, while the S&P 500 touched the 2,500 benchmark in its own run to an all-time peak, shrugging off geopolitical unc...

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  • Why Did Rite Aid (RAD) Stock Crash Today?
Why Did Rite Aid (RAD) Stock Crash Today?

Following the transaction, the chief operating officer now directly owns 1,690,336 shares of the company's stock, valued at $136,798,892.48. While monitoring stock technicals is important, most investors are more concerned with where the stock might be going now.

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  • Dominica islanders trapped as Hurricane Maria strengthens to category five storm
Dominica islanders trapped as Hurricane Maria strengthens to category five storm

Irma , also a Category 5 hurricane, left around 40 people dead in the Caribbean before churning west and pounding Florida, where the death toll stood at 50 Monday. Croix, which escaped the brunt of Irma's clout on September 6. Authorities in the United States territory of Puerto Rico , which faced the possibility of a direct hit, warned that...

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  • Mobile, Sprint merger talks reportedly back on
Mobile, Sprint merger talks reportedly back on

Those same sources say a deal is not imminent, and talks have not progressed on exactly how much stock would be exchanged. The wireless industry has become increasingly competitive and crowded, requiring companies to look for acquisition and/or partnership opportunities.

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