Markets and Economy
U.S. new home sales hit seven-month low as prices soar
Wed, 23 Aug 2017 17:39:42 GMT
WASHINGTON (Reuters) - New U.S. single-family home sales unexpectedly fell in July, dropping to their lowest in seven months amid a surge in prices, raising concerns of a slowdown in the housing market recovery.
Trump risks backlash in farm belt states if NAFTA gets scrapped
Wed, 23 Aug 2017 17:14:00 GMT
Termination of the NAFTA deal could have negative consequences for U.S. agriculture and consumers, according to analysts
American Express to pay $96 million over discriminatory card terms
Wed, 23 Aug 2017 17:07:55 GMT
WASHINGTON (Reuters) - American Express will end up paying $96 million to credit card customers in Puerto Rico and other U.S. territories for charging higher interest rates and engaging in other discriminatory practices, federal regulators said on Wednesday.
Wall Street lower on Trump's threat of government shutdown
Wed, 23 Aug 2017 17:03:21 GMT
(Reuters) - U.S. stocks were lower in early afternoon trading on Wednesday after President Donald Trump warned of a government shutdown to secure funds to build the Mexico border wall, adding to nerves as the deadline to raise the U.S. debt ceiling looms.
True price of an Uber ride in question as investors assess firm's value
Wed, 23 Aug 2017 16:51:58 GMT
SAN FRANCISCO (Reuters) - What is the true cost of an Uber ride£
15 Biggest Mid-Day Losers For Wednesday
Wed, 23 Aug 2017 16:42:58 GMT
  • Precipio Inc (NASDAQ: PRPO) shares tumbled 47.1 percent to $2.37. Precipio reported that it has priced its $6,000,000 public offering.
  • Root9B Holdings Inc (NASDAQ: RTNB) shares dipped 24.3 percent to $2.27. Root9B Holdings has issued secured convertible promissory notes for principal amount of $500,000.
  • La-Z-Boy Incorporated (NYSE: LZB) shares declined 19.4 percent to $25.20 as the company posted weaker-than-expected earnings for its first quarter on Tuesday.
  • CEL-SCI Corporation (NYSE: CVM) dropped 13.5 percent to $1.98. CEL-SCI reported a $3.5 million registered direct offering.
  • China Techfaith Wireless Comm. Tech. Ltd (NASDAQ: CNTF) shares fell 13.1 percent to $2.33. China Techfaith Wireless posted 1H loss of US$0.24 per share on ...

Full story available on Benzinga.com

15 Biggest Mid-Day Gainers For Wednesday
Wed, 23 Aug 2017 16:18:18 GMT
  • Paratek Pharmaceuticals Inc (NASDAQ: PRTK) shares surged 32.5 percent to $25.23 after Bloomberg reported that the company is exploring strategic options, including a potential sale.
  • CGG SA (ADR) (NYSE: CGG) shares jumped 31.3 percent to $4.91 after surging 15.39 percent on Tuesday.
  • Intra-Cellular Therapies Inc (NASDAQ: ITCI) shares climbed 30.1 percent to $14.66 after the company issued positive regulatory update on schizophrenia program.
  • Express, Inc. (NYSE: EXPR) shares surged 24 percent to $6.81 after the company posted stronger-than-expected quarterly results.
  • Regis Corporation (NYSE:

Full story available on Benzinga.com

Mid-Day Market Update: La-Z-Boy Drops After Q1 Miss; Paratek Pharmaceuticals Shares Rise
Wed, 23 Aug 2017 16:09:47 GMT

Midway through trading Wednesday, the Dow traded down 0.27 percent to 21,840.68 while the NASDAQ declined 0.36 percent to 6,274.96. The S&P also fell, dropping 0.28 percent to 2,445.69.

Leading and Lagging Sectors

On Wednesday, the energy shares climbed by 0.40 percent. Meanwhile, top gainers in the sector included CGG SA (ADR) (NYSE: CGG), up 28 percent, and Hornbeck Offshore Services, Inc. (NYSE: HOS), up 14 percent.

In trading on Wednesday, healthcare shares fell by 0.45 percent. Meanwhile, top losers in the sector included Compugen Ltd. (USA) (NASDAQ: CGEN), down 4 percent, and Insmed Incorporated (NASDAQ: INSM) down 3 percent.

Top Headline

Lowe's Companies, Inc. (NYSE: LOW) reported weaker-than-expected profit for its second quarter on Wednesday.

Lowe's earned $1.57 per share in the second quarter on revenue of $19.5 billion, while Wall Street analysts were expecting the company to earn $1.61 per share on revenue of $19.53 billion. ...

Full story available on Benzinga.com

Mexico, Canada dismiss Trump threats to scrap NAFTA trade pact
Wed, 23 Aug 2017 16:07:17 GMT
MEXICO CITY/OTTAWA (Reuters) - Mexico and Canada on Wednesday dismissed U.S. President Donald Trump's threat to scrap NAFTA, describing it as a negotiating tactic designed to gain an advantage during talks to update one of the world's biggest trading blocs.
Toshiba prioritizes talks with Western Digital on chip business sale: sources
Wed, 23 Aug 2017 15:56:21 GMT
TOKYO (Reuters) - Japan's Toshiba Corp is prioritizing negotiations with Western Digital to sell its memory chip business after talks stalled with a previously preferred bidder, sources familiar with the matter said on Wednesday.
Lowe's misses earnings estimates, forecasts slower margins growth
Wed, 23 Aug 2017 15:41:07 GMT
(Reuters) - Lowe's Companies Inc reported lower-than-expected quarterly earnings on Wednesday and warned of slower growth in profit margins as it spends more on marketing and staffing to take advantage of a robust home improvement market.
Whole Foods shareholders approve sale to Amazon
Wed, 23 Aug 2017 15:40:10 GMT
LOS ANGELES (Reuters) - Whole Foods Market Inc on Wednesday said shareholders in the natural and organic grocery chain cleared the way for its proposed $13.7 billion sale to Amazon.com Inc.
Whole Foods shareholders vote in approval of Amazon deal
Wed, 23 Aug 2017 15:03:00 GMT
Amazon and Whole Foods Market expect to finalize their merger during the second half of 2017.
Discovery Communications, Inc. (Nasdaq: DISCA) to Ring The Nasdaq Stock Market Closing Bell
Wed, 23 Aug 2017 14:53:48 GMT

ADVISORY, Aug. 23, 2017 (GLOBE NEWSWIRE) --

What: 
Discovery Communications, Inc. (NASDAQ:DISCA), the leader in global entertainment, will visit the Nasdaq MarketSite in Times Square for the new documentary Rancher, Farmer, Fisherman. The film premiered at the 2017 Sundance Film Festival and will be broadcast on the Discovery Channel on August 31.

In honor of the occasion, Miriam Horn, Author & Film Producer, will ring the Closing Bell. 

Where: 
Nasdaq MarketSite – 4 Times Square – 43rd & Broadway – Broadcast Studio 

When: 
Thursday, August 24, 2017 – 3:45 p.m. to 4:00 p.m. ET   

Discovery Communications, Inc. Media Contact: 
Jessica Driscoll
212-548-5602 
Jessica_driscoll@discovery.com  

Nasdaq MarketSite Media Contact: 
Emily Pan
(646) 441-5120 
emily.pan@nasdaq.com  

Feed Information: 
Fiber Line (Encompass Waterfront): 4463

Gal 3C/06C 95.05 degrees West
18 mhz Lower
DL 3811 Vertical
FEC 3/4
SR 13.235
DR 18.295411
MOD 4:2:0
DVBS QPSK

Social Media: 
For multimedia features such as exclusive content, photo postings, status updates and video of bell ceremonies, please visit our Facebook ...

Full story available on Benzinga.com

Iceland CB Holds Rate Unchanged, Slashes Growth Forecast
Wed, 23 Aug 2017 14:41:05 GMT
Iceland's central bank left its key interest rate unchanged on Wednesday after keeping trimming it in June, and cut its economic growth forecasts.
U.S. New Home Sales Unexpectedly Plunge 9.4% In July
Wed, 23 Aug 2017 14:25:56 GMT
New home sales in the U.S. unexpectedly saw a substantial decrease in the month of July, according to a report released by the Commerce Department on Wednesday. The report said new home sales plunged by 9.4 percent to an annual rate of 571,000 in July from the revised June rate of 630,000.
Mid-Morning Market Update: Markets Open Lower; Lowe's Earnings Miss Expectations
Wed, 23 Aug 2017 14:14:13 GMT

Following the market opening Wednesday, the Dow traded down 0.36 percent to 21,821.01 while the NASDAQ declined 0.41 percent to 6,271.94. The S&P also fell, dropping 0.37 percent to 2,443.43.

Leading and Lagging Sectors

Wednesday morning, the non-cyclical consumer goods & services shares climbed by 0.16 percent. Meanwhile, top gainers in the sector included Regis Corporation (NYSE: RGS), up 17 percent, and Darling Ingredients Inc (NYSE: DAR), up 5 percent.

In trading on Wednesday, healthcare shares fell by 0.38 percent. Meanwhile, top losers in the sector included Compugen Ltd. (USA) (NASDAQ: CGEN), down 4 percent, and Stryker Corporation (NYSE: SYK) down 4 percent.

Top Headline

Lowe's Companies, Inc. (NYSE: LOW) reported weaker-than-expected profit for its second quarter on Wednesday.

Lowe's earned $1.57 per share in the second quarter on revenue of $19.5 billion, while Wall Street analysts were expecting the company to earn $1.61 per share on ...

Full story available on Benzinga.com

Northern Trust Corporation (Nasdaq: NTRS) to Ring The Nasdaq Stock Market Opening Bell
Wed, 23 Aug 2017 14:00:00 GMT

ADVISORY, Aug. 23, 2017 (GLOBE NEWSWIRE) --

What: 
Northern Trust Corporation (NASDAQ:NTRS), a leading provider of wealth management, asset servicing, asset management and banking, will visit the Nasdaq MarketSite in Times Square.

In honor of the occasion, Henry Johnson, President, Wealth Management, East Region, will ring the Opening Bell. 

Where:
Nasdaq MarketSite – 4 Times Square – 43rd & Broadway – Broadcast Studio

When:
Thursday, August 24, 2017 – 9:15 a.m. to 9:30 a.m. ET  

Northern Trust Corporation Media Contact:
Tom Pinto
212-339-7288 (0); 914-400-3780 (m)
Tom.Pinto@ntrs.com 

Nasdaq MarketSite:
Emily Pan
(646) 441-5120
emily.pan@nasdaq.com

Feed Information:
Fiber Line (Encompass Waterfront): 4463

Gal 3C/06C 95.05 degrees West
18 mhz Lower
DL 3811 Vertical
FEC 3/4
SR 13.235
DR 18.295411
MOD 4:2:0
DVBS QPSK

Social Media:

For multimedia features such as exclusive content, photo postings, status updates and video of bell ceremonies, please visit our Facebook page:
http://www.facebook.com/NASDAQ.

For photos ...

Full story available on Benzinga.com

The Sound And The Fury: Trump Threatens To Shut Down Government If Congress Doesn't Fund Border Wall
Wed, 23 Aug 2017 13:24:43 GMT

It was almost a throwaway line, a casual aside, except it looks so much different in print.

“If we have to close down our government, we’re building that wall,” President Donald Trump told supporters at a surreal rally Tuesday night in Phoenix, Arizona. “One way or the other, we’re going to get that wall.”

Whether it was defending his comments about Charlottesville, deriding the “crooked” media as “sick” or slamming the two Republican senators from Arizona, the comment that carried the most weight might be this one: The president vowed to shut down the government unless the GOP-controlled Congress let him build a wall along the Mexican border.

“Trump's going to shut down a government that's ...

Full story available on Benzinga.com

Eurozone Business Growth Remains Strong On Manufacturing Boost
Wed, 23 Aug 2017 13:19:09 GMT
Eurozone private sector retained its solid growth momentum in August, led by manufacturing that expanded at the fastest pace in over six years on the back of strong demand for exports. The flash Composite Output Index of the Purchasing Managers' survey climbed to a two-month high of 55.8 from July's 55.7, study results from IHS Markit showed Wednesday. Economists had forecast a 55.4 reading.
Cheap oil undercuts U.S. rail, bus service: study
Wed, 23 Aug 2017 13:08:58 GMT
DETROIT (Reuters) - Cheap gasoline is squeezing U.S. bus companies and the Amtrak passenger rail system that bet more consumers would embrace alternatives to driving for trips shorter than 400 miles, a study by researchers at DePaul University concluded.
Investors Are Losing Patience With This Regional Bank ETF
Wed, 23 Aug 2017 12:59:03 GMT

Nearly eight months into 2017, investors that pay attention to sector-level trends know that financial services stocks are lagging. The Financial Select Sector SPDR (NYSE: XLF) is up about 6 percent year-to-date, well off the 9.5 percent returned by the S&P 500.

Things are worse for regional bank stocks and the corresponding exchange traded funds... much worse. Just look at the SPDR S&P Regional Banking ETF (NYSE: KRE).

KRE, the largest ETF dedicated to regional bank stocks, is off more than 7 percent this year. The benchmark regional bank ETF is lower by more than 4 percent over just the past month.

Things weren't supposed to be this way in 2017 for regional bank funds. Few, if any, industry groups are as positively correlated to rising interest rates as are regional ...

Full story available on Benzinga.com

Trump Comments May Contribute To Pullback On Wall Street
Wed, 23 Aug 2017 12:51:25 GMT
The major U.S. index futures are pointing to a lower opening on Wednesday, with stocks likely to give back some ground following the rally seen in the previous session.
A Better Idea£ Ford In Talks To Build Electric Cars With Chinese Giant
Wed, 23 Aug 2017 12:48:54 GMT

Trying to get a jump on rivals in the electric car business, Ford Motor Company (NYSE: F) says it’s looking into a joint venture with a zero-emission company in China that is already pumping out such vehicles.

The automaker said Tuesday it signed a “memorandum of understanding” with Anhui Zotye Automobile Co., Ltd. “to explore the establishment of a joint venture for the development, production, marketing and servicing of a new line of all-electric passenger vehicles in China.”

Electric Mustang£

Though there was no word about whether Ford intended to market e-cars in the ...

Full story available on Benzinga.com

ECB's Draghi Urges Central Banks To Continue Preparing For New Challenges
Wed, 23 Aug 2017 12:14:24 GMT
Monetary and regulatory policy actions and steps in supervision undertaken over the last decade have made the world more resilient, however, central banks must continue preparing for new challenges, European Central Bank President Mario Draghi said Wednesday.
18 Stocks Moving In Wednesday's Pre-Market Session
Wed, 23 Aug 2017 12:11:30 GMT

Gainers

  • Paratek Pharmaceuticals Inc (NASDAQ: PRTK) shares rose 31.2 percent to $25.00 in pre-market trading after Bloomberg reported that the company is exploring strategic options, including a potential sale.
  • Liquidity Services, Inc. (NASDAQ: LQDT) rose 12.7 percent to $6.65 in pre-market trading after gaining 1.72 percent on Tuesday.
  • Express, Inc. (NYSE: EXPR) shares rose 11.1 percent to $6.10 in pre-market trading after the company posted stronger-than-expected quarterly results.
  • CGG SA (ADR) (NYSE: CGG) rose 8.8 percent to $4.20 in pre-market trading after surging 15.39 percent on Tuesday.
  • American Eagle Outfitters (NYSE: AEO) rose 8.3 percent to $12.14 in pre-market trading after the company posted upbeat Q2 results.
  • LG Display Co Ltd. (ADR) (NYSE: LPL) rose 3.6 percent to $14.24 in pre-market trading after gaining 1.48 percent on Tuesday.
  • Sears Holdings Corp (NASDAQ: SHLD) rose 3.5 ...

Full story available on Benzinga.com

People in the UK are now able to make payments by asking Siri
Wed, 23 Aug 2017 12:01:00 GMT
Barclays customers are now able to use Apple’s virtual assistant Siri to make payments on their phones.
CHF Solutions, Inc. Reports Inducement Grants Under NASDAQ Listing Rule 5635(c)(4)
Wed, 23 Aug 2017 12:00:00 GMT

EDEN PRAIRIE, Minn., Aug. 23, 2017 (GLOBE NEWSWIRE) -- CHF Solutions, Inc. (NASDAQ:CHFS), today announced that on August 17, 2017, the Compensation Committee of the Board of Directors approved eleven equity awards under CHF Solution's New-Hire Equity Incentive Plan, as material inducements to eleven individuals entering into employment with the Company. The equity awards were approved in accordance with NASDAQ Listing Rule 5635(c)(4), which also requires a public announcement of equity awards that are not made under a stockholder approved equity plan.

In connection with entering into employment with CHF Solutions, the eleven individuals, who were not previously employees or directors ...

Full story available on Benzinga.com

Low Oil & Gas Prices Ripple Through the Midstream, Plunging Capital Expenditures 15 Percent Over Two Years With No End in Sight
Wed, 23 Aug 2017 12:00:00 GMT

NEW YORK, Aug. 23, 2017 (GLOBE NEWSWIRE) -- North America's midstream industry has been largely protected from the early shocks of the oil and gas price drops.  Now, as prices stabilize and the energy sector adapts, the broad effects of low prices are finally beginning to ripple through midstream – and there are worrying signs that this segment of the oil and gas industry is beginning to struggle.

New research from Bain & Company, North American Midstream Strategy in a Time of Uncertainty, reveals that capital expenditures for the largest 11 midstream companies fell by about 15 percent from $34 billion in 2014 to $29 billion in 2016, and the trend continues in 2017. In another indicator, the Alerian MLP index, a bellwether for the midstream industry, has underperformed the S&P 500 over one- three- and five-year periods.  However, as with any period of uncertainty, midstream executives can navigate their way through these challenging times by identifying a set of plausible scenarios tailored to their specific basins, markets, and assets against which they can test the robustness of the portfolio and investment projects.

"Thinking through a set of scenarios now can help midstream companies plan further into the future," said Riccardo Bertocco, a partner in Bain's Oil & Gas Practice.  "Doing so will allow them to gain a clear understanding of the cost structures they will need to adopt in order to thrive even amid industry turbulence." 

Bain's work with the top oil & gas companies in North America, as well as interviews and conversations the firm has conducted with more than a dozen midstream executives reveal the industry's concerns around three main trends that are disrupting the sector and putting pressure on returns:

  • Stranded assets. Evolving basin economics and persistently low oil and gas prices have ...

Full story available on Benzinga.com

The Market In 5 Minutes
Wed, 23 Aug 2017 11:32:36 GMT

IN THE NEWS

Benzinga

Foot Locker, Inc. (NYSE: FL) dramatic post-second quarter marks a turning point in the athletic footwear market. The stock’s crash dominated headlines as an industry that gained lots of media attention over the past few years finally came to a head: Link

FIS Astec Analytics has released its latest weekly list of the most popular stocks among short sellers. This week’s list contains several familiar names, including a top pick that has been one of the most talked-about stocks of 2017: Link

Wall Street Journal

President Donald Trump, in his first rally after the violent white supremacist protest in Charlottesville, Va., earlier this month, attacked the news media and his fellow Republicans who were critical of his response to the protest: Link

After years of waiting for interest rates to rise, some banks are lending as if that day will never come, ...

Full story available on Benzinga.com

Denmark's Consumer Confidence Weakens
Wed, 23 Aug 2017 11:23:38 GMT
Denmark's consumer confidence weakened in August after improving in the previous two months, survey data from Statistics Denmark showed Wednesday.
Massive California verdict expands J&J's talc battlefield
Wed, 23 Aug 2017 11:10:53 GMT
NEW YORK (Reuters) - A massive California verdict in a lawsuit alleging Johnson & Johnson's talc-based products cause cancer has opened a new front in the litigation, upending the company's hopes that the cases were only gaining traction in Missouri, legal experts said.
Dan Nathan Sees Unusual Options Activity In Chevron
Wed, 23 Aug 2017 11:09:28 GMT

Dan Nathan spoke on CNBC's "Options Action" about unusually high options activity in Chevron Corporation (NYSE: CVX). The total options volume was 1.5 times ...

Full story available on Benzinga.com

A Peek Into The Markets: U.S. Stock Futures Down Ahead Of Earnings, Economic Data
Wed, 23 Aug 2017 11:06:35 GMT

Pre-open movers

U.S. stock futures traded lower in early pre-market trade. HP Inc (NYSE: HPQ), PVH Corp (NYSE: PVH) and Williams-Sonoma, Inc. (NYSE: WSM) will release earnings after the closing bell. The flash Composite Purchasing Managers' Index for August will be released at 9:45 a.m. ET, while data on new home sales for July will be released at 10:00 a.m. ET. Dallas Federal Reserve Bank President Robert Kaplan is set to speak in Midland, Texas at 1:05 p.m. ET.

Futures for the Dow Jones Industrial Average dropped 46 points to 21,840.00, while the Standard & Poor’s 500 index futures fell 7.25 points to 2,445.50. Futures for the Nasdaq ...

Full story available on Benzinga.com

Take that Alexa! Wal-Mart partners with Google to offer voice shopping
Wed, 23 Aug 2017 11:06:00 GMT
Wal-Mart will soon offer customers the ability to order its products by voice with the help of Google.
Turkey Consumer Confidence Falls Slightly In August
Wed, 23 Aug 2017 11:04:40 GMT
Turkey's consumer confidence weakened marginally in August, after improving in the previous month, survey data from the Turkish Statistical Institute showed Wednesday.
A small European nation is launching its own version of bitcoin
Wed, 23 Aug 2017 11:00:00 GMT
Estonia wants to issue its own virtual currency with the help of Ethereum founder Vitalik Buterin.
Taiwan Industrial Production Climbs Less Than Forecast
Wed, 23 Aug 2017 10:39:34 GMT
Taiwan's industrial production increased for the third straight month in July, but at a slower-than-expected pace, preliminary figures from the Ministry of Economic Affairs showed Wednesday.
South Africa Inflation At 22-Month Low
Wed, 23 Aug 2017 09:57:12 GMT
South Africa's consumer price inflation eased more-than-expected in July to the weakest level in nearly two years, figures from Statistics South Africa showed Wednesday.
10 Stocks To Watch For August 23, 2017
Wed, 23 Aug 2017 09:00:33 GMT

Some of the stocks that may grab investor focus today are:

  • Wall Street expects Lowe's Companies, Inc. (NYSE: LOW) to report quarterly earnings at $1.62 per share on revenue of $19.54 billion before the opening bell. Lowe's shares declined 1.74 percent to $74.50 in after-hours trading.
  • Analysts expect HP Inc (NYSE: HPQ) is projected to post quarterly earnings at $0.42 per share on revenue of $12.27 billion after the closing bell. HP shares rose 0.11 percent to $19.04 in after-hours trading.
  • salesforce.com, inc. (NYSE: CRM) reported better-than-expected earnings for its second quarter and raised its outlook for the year. salesforce.com shares slipped 1.31 percent to $91.73 in the after-hours trading session.
  • After the markets ...

Full story available on Benzinga.com

Economic Data Scheduled For Wednesday
Wed, 23 Aug 2017 08:52:31 GMT
  • The MBA’s index of mortgage application activity for the latest week is schedule for release at 7:00 a.m. ET.
  • The flash Composite Purchasing Managers' Index for August will be ...

Full story available on Benzinga.com

Eurozone Private Sector Growth Robust In August
Wed, 23 Aug 2017 08:32:53 GMT
Eurozone private sector activity maintained strong growth momentum in August, underpinned by strong expansion in the manufacturing output, flash survey data from IHS Markit showed Wednesday.
German Private Sector Growth Improves In August
Wed, 23 Aug 2017 08:08:23 GMT
Germany's private sector activity expanded at a faster pace in August, as output growth strengthened in both the manufacturing and service sectors, flash survey data from IHS Markit showed Wednesday.
50 million could watch Mayweather-McGregor in the US alone
Wed, 23 Aug 2017 08:06:00 GMT
Conor McGregor's improbable challenge of Floyd Mayweather Jr. could be seen by a staggering 50 million people in the United States as fans and the curious gather in small and large parties.
Euro zone business growth maintains solid pace in August
Wed, 23 Aug 2017 08:01:00 GMT
Euro zone manufacturing businesses clocked their best month of growth in six-and-a-half years in August, a survey of private companies showed on Wednesday.
France Private Sector Growth Stagnates In August
Wed, 23 Aug 2017 07:42:29 GMT
French private sector activity expanded at a marked pace in August, though the rate of growth stagnated, flash survey data from IHS Markit showed Wednesday.
ECB President Draghi: Greek crisis destroyed image of risk free sovereign debt
Wed, 23 Aug 2017 07:28:00 GMT
European Central Bank President Mario Draghi discusses factors that led up to the financial crisis, and the impact it had on euro zone countries.
Central banks to continue cautious approach: Pro
Wed, 23 Aug 2017 07:00:00 GMT
Eric Moore, fund manager at Miton Group, discusses liquidity-driven markets and what to expect from central bankers this week.
ECB President Draghi: Monetary policy much more transparent
Wed, 23 Aug 2017 07:00:00 GMT
A "revolution" in global central banks has made the communication of monetary policy more transparent, European Central Bank President Mario Draghi said.
Norway Jobless Rate Falls As Expected In June
Wed, 23 Aug 2017 06:32:05 GMT
Norway's unemployment rate decreased as expected in June, figures from Statistics Norway showed Wednesday.
Singapore Inflation Rises Less Than Expected In July
Wed, 23 Aug 2017 05:41:37 GMT
Singapore's consumer price inflation accelerated at a slower-than-expected pace in July, though marginally, figures from the Ministry of Trade and Industry showed Wednesday.
Mutual funds reportedly mark down investments in Uber by up to 15%
Wed, 23 Aug 2017 05:33:00 GMT
Four mutual fund companies have marked down their investments in Uber by up to 15 percent, the WSJ reported Tuesday.
Germany is trying to stop China from gobbling up its companies — but there may be a downside
Wed, 23 Aug 2017 05:16:00 GMT
New German regulations aim to prevent takeovers of core domestic industries by an increasingly acquisitive China. But could they hurt the economy more than they help£
Draghi likely to be neutral in today’s speech, says strategist
Wed, 23 Aug 2017 05:15:00 GMT
European Central Bank President Mario Draghi is likely to keep a “steady as she goes” stance at a speech in Lindau, Germany, today, Myron Scholes, Nobel laureate and chief investment strategist at Janus Henderson Investors, said.
Euro appreciation will slow even if ECB reduces QE program purchases: Pro
Wed, 23 Aug 2017 05:15:00 GMT
Stephen Gallo, head of European FX strategy at BMO Capital Markets, discusses central banks and bond, FX and equity markets.
Draghi will stick to his mantra at Jackson Hole: Economist
Wed, 23 Aug 2017 05:15:00 GMT
ECB President Mario Draghi is likely to keep his stance on monetary policy unchanged at a meeting with the Federal Reserve in Jackson Hole, Christel Aranda-Hassel, chief European economist at Mizuho International, said.
EU Bayer-Monsanto deal probe doesn’t come as a surprise: Pro
Wed, 23 Aug 2017 05:15:00 GMT
John Rountree, partner at Novasecta, said that the EU has been "very careful" to only investigate competition concerns over a Bayer-Monsanto "mega merger".
London restaurant rent up 50% over last five years: Expert
Wed, 23 Aug 2017 05:15:00 GMT
Skyrocketing rents and Brexit-related worries about the pound have hit the restaurant business in the U.K.'s capital, David Rawlinson, founder and MD at Restaurant Property, said.
Brexit making it harder for restaurant staff: Expert
Wed, 23 Aug 2017 05:15:00 GMT
European citizens employed in U.K. restaurants need reassurance from Brexit negotiations, David Rawlinson, founder ad MD at Restaurant Property, said.
Start-ups using new media disrupting big consumer firms: Pro
Wed, 23 Aug 2017 05:15:00 GMT
Big consumer companies are facing pressure not just from central bank policy, but from an influx of start-ups taking advantage of new media channels, Eric Moore, fund manager at Miton Group, said.
Samsung Galaxy Note 8 could cost around $1,000
Wed, 23 Aug 2017 05:15:00 GMT
CNBC's Arjun Kharpal discusses Samsung's new phone, the Galaxy Note 8, which is set to be unveiled today.
WPP CEO Martin Sorrell: 'It’s been a tough first half'
Wed, 23 Aug 2017 05:15:00 GMT
WPP CEO Martin Sorrell discusses the British multinational marketing giant’s first-half earnings beat, which were hit by a weaker second quarter.
WPP CEO: Digital disruption means growth needs to come from online
Wed, 23 Aug 2017 05:15:00 GMT
WPP CEO Martin Sorrell said that investing in brand, innovation and its online business was how the company expected to drive profitable growth.
It's not 'business as usual' after hurricane hits Hong Kong
Wed, 23 Aug 2017 05:15:00 GMT
A typhoon has hit Hong Kong today, leading to the closure of the Hong Kong stock exchange. CNBC's Emily Tan reports.
WPP CEO: Google ranks number one in media investments
Wed, 23 Aug 2017 05:15:00 GMT
In terms of media investments, Google far outranks Facebook, and Snap Inc pales in comparison, WPP CEO Martin Sorrell told CNBC.
European markets open slightly lower as sentiment settles after global rally
Wed, 23 Aug 2017 05:15:00 GMT
European markets opened slightly lower on Wednesday morning, as traders paused for breath after a global rally spurred by gains for tech shares on Wall Street.
Malaysia Inflation Eases More Than Forecast
Wed, 23 Aug 2017 04:56:19 GMT
Malaysia's consumer price inflation eased at a faster-than-expected pace in July, figures from the Department of Statistics showed Wednesday.
If a crisis slams the South China Sea, here are the losers — and a few winners
Wed, 23 Aug 2017 04:55:00 GMT
Several industries are tallying the costs of a potential confrontation in the South China Sea.
Exodus at Chinese energy giant sparks speculation about company plans
Wed, 23 Aug 2017 01:07:00 GMT
Following mass departures, some speculate Chinese energy firm PetroChina is reducing its North American presence.
Japan Manufacturing PMI Climbs To 52.8 In August - Nikkei
Wed, 23 Aug 2017 00:45:50 GMT
The manufacturing sector in Japan continued to expand in August, and at a faster pace, the latest survey from Nikkei revealed on Wednesday with a Manufacturing PMI score of 52.8.
BRAZIL: Ibovespa Closes At Highest Level In More Than 6 Years W/ Eletrobras
Wed, 23 Aug 2017 00:41:47 GMT
Ibovespa, the benchmark stock index in Brazil, rose 2.01% Tuesday, closing at 70,011.25 points, the highest closing level since April 5, 2011 (69,837 points). The Brazilian market was boosted by the optimism brought by the surge in Eletrobras shares.
ARGENTINA: Merval Falls On Argentinean ADRs
Wed, 23 Aug 2017 00:13:17 GMT
Merval, the benchmark index of the Buenos Aires Stock Exchange, resumed its operations after a holiday break tracking Monday's fall in American Depositary Receipt (ADRs) of Argentinean companies traded in Wall Street. Merval fell 0.29% Tuesday, closing at 22,900.18 points.
COLOMBIA: Colcap Rises 0.38% Boosted By Financial Companies
Wed, 23 Aug 2017 00:00:13 GMT
Colcap, the main index of the Colombian Stock Exchange, rose 0.38% Tuesday, closing at 1,482.77 points, boosted by the good performance of the financial shares.
CHILE: Bachelet Signs Bill To Renew Immigration Law
Tue, 22 Aug 2017 23:34:51 GMT
Chile's President Michelle Bachelet signed a new immigration legislation that makes more flexible for immigrants to enter the South American country. The legislation establishes the creation of a National Registry of Foreigners that will be administered by the Undersecretariat of the Interior.
ARGENTINA: Central Bank Keeps Main Interest Rate Unchanged At 26.25%
Tue, 22 Aug 2017 23:14:54 GMT
The central bank of Argentina kept its main interest rate unchanged at 26.25%, given that indicators from private and state sources monitored by the monetary authority suggest that the disinflation process moves ahead, with prices in August possibly lower than in July. However, core inflation remains above the levels sought by the monetary authority.
Competition to replace US nuclear missiles is down to 2 companies, but uncertainties remain
Tue, 22 Aug 2017 23:11:00 GMT
Despite the Air Force awarding early design work for a new ICBM missile, cost concerns and uncertainties continue.
ARGENTINA: Primary Fiscal Deficit Falls Almost 10% In July
Tue, 22 Aug 2017 22:47:09 GMT
Argentina's Ministry of Finance of Argentina reported a 22,090 million pesos (US$ 1,271 million) primary deficit in the National Non-Financial Public Sector (SPNF) in July 2017, a figure almost 10% lower than the deficit posted in the same month of last year.
Japan Manufacturing PMI On Tap For Wednesday
Tue, 22 Aug 2017 22:00:49 GMT
Japan will on Wednesday see preliminary August results for the manufacturing PMI from Nikkei, setting the pace for a modest day in Asia-Pacific economic news. The PMI score in July came in at 52.1.
COLOMBIA: Former Venezuelan Prosecutor Leaves Colombia For Brazil
Tue, 22 Aug 2017 21:46:07 GMT
The former Venezuela prosecutor Luisa Ortega has left Colombia and is on her way to Brazil.
ELETROBRAS: Privatization Proposition Will Be Presented To Board
Tue, 22 Aug 2017 21:34:02 GMT
The Brazilian Ministry of Mines and Energy proposition to privatize the power generator and distributor Eletrobras will be sent to the company's board of directors for analysis.
BRAZIL: Complaint Targets Senator Romero Juc  Under Operation Zelotes
Tue, 22 Aug 2017 21:19:37 GMT
Brazil's Attorney General's Office filed a complaint against the Senator Romero Juc  (PMDB-RR), government speaker in the upper house of the Parliament, as part of Operation Zelotes investigations.
BRAZIL: Regulatory Agency Challenges Time Warner Acquisition By AT&T
Tue, 22 Aug 2017 20:50:45 GMT
Brazil's regulatory agency's superintendence-general referred to a court analysis, with a challenge recommendation, the transaction involving the acquisition of Time Warner by AT&T, owner of Sky in Brazil.
ARGENTINA: 12-month Inflation Expectations Remain At 20% In August
Tue, 22 Aug 2017 20:35:42 GMT
The annual inflation expected by the Argentineans for the next 12 months remains at 20% in August, compared to the July survey, according to the Inflation Expectation Survey conducted by the University Torcuato Di Tella's School Of Business.
Business leaders split on taking 'a moral line' against Trump
Tue, 22 Aug 2017 20:25:00 GMT
Not all business leaders think it was the right decision for CEOs to distance themselves from the president.
Trump's demand to Pakistan could be 'game-changer' on Afghanistan
Tue, 22 Aug 2017 20:25:00 GMT
The president's warning to Pakistan that it must stop harboring terrorist organizations is "a radical shift."
PERU: GDP Grows 2.4% In 2Q17 On Annual Basis
Tue, 22 Aug 2017 20:15:41 GMT
Peru's Gross Domestic Product (GDP) grew 2.4% in the second quarter of 2017 when compared to the same quarter of 2016.
BRAZIL: Power Plants Auction Is Scheduled, Meirelles Says
Tue, 22 Aug 2017 19:58:18 GMT
The Brazilian government will evaluate the proposals of Companhia Energ‚tica de Minas Gerais (Cemig) and other operators regarding the bidding of the Sao Simao, Jaguara, Miranda and Volta Grande hydroelectric plants, said the finance minister, Henrique Meirelles.
ARGENTINA: Country And Spain Sign Agreement For Public-private Investment
Tue, 22 Aug 2017 19:35:34 GMT
Argentina and Spain signed an agreement for public-private investments in infrastructure, urban development, housing, and transportation projects. The agreement was signed as part of the official visit of the Argentine Interior Minister Rogelio Frigerio to Santander, in Spain.
30-Year Fixed Mortgage Rates Fall Slightly; Current Rate is 3.65%, According to Zillow Mortgage Rate Ticker
Tue, 22 Aug 2017 18:00:00 GMT

SEATTLE, Aug. 22, 2017 (GLOBE NEWSWIRE) -- The 30-year fixed mortgage rate on Zillow® Mortgages is currently 3.65 percent, down two basis points from this time last week. The 30-year fixed mortgage rate fell late in the week, then hovered around the current rate for the rest of the week.

"Despite some volatility early in the week driven by geopolitical uncertainty and domestic political turmoil, mortgage rates ended last week roughly where they started it near 10-month lows," said Erin Lantz, vice president of mortgages at Zillow. "With little economic data on the schedule for this week, rates are likely to be relatively flat."

Zillow's real-time mortgage rates are based on thousands of custom mortgage quotes submitted daily to anonymous borrowers on the Zillow Mortgages site and reflect the most recent changes in the market. These are not marketing rates, or a weekly survey.

The rate for a 15-year fixed home loan is currently 2.92 percent, and the rate for a 5-1 adjustable-rate mortgage (ARM) is also 2.92 percent. 

Below are current rates for 30-year fixed mortgages by state. Additional states' rates are available at: http://www.zillow.com/mortgage-rates.

           
  State Current
30-Year
Fixed Rate
(8/22/17)
Trump's Dubai business associates to build Versace-branded tower block in London
Tue, 22 Aug 2017 14:45:00 GMT
DAMAC International is building a 50-storey tower in London in partnership with Italian fashion house Versace.
H&R Block names former Uber executive Jeff Jones as CEO
Tue, 22 Aug 2017 14:24:00 GMT
Former Uber executive Jeff Jones has been named as H&R's new CEO.
BRIDGING THE ECONOMIC DIVIDE FOR AMERICANS WITH DISABILITIES
Tue, 22 Aug 2017 14:00:00 GMT

Washington, D.C., Aug. 22, 2017 (GLOBE NEWSWIRE) -- Today, National Disability Institute (NDI) assembled policymakers, stakeholders and thought leaders at the Second Harvest Food Bank of Central Florida in Orlando, Florida for a Financial Inclusion Summit. The Summit addressed the financial knowledge and skill gaps of Americans with disabilities and the barriers that prevent their full participation in the economic mainstream.

0_int_NDILogoMedium1.jpg



"Twenty-seven years after the signing into law of the Americans with Disabilities Act (ADA), there remain persistent barriers to economic self-sufficiency for people with disabilities, a third of whom live below the poverty line," Michael Morris, Executive Director, National Disability Institute, said. "Equal opportunity must include options to build the knowledge and skills necessary to make informed financial decisions, access to financial education and coaching, affordable and accessible financial services and products, inclusion in career pathways and the ability to save and build assets. The Orlando Financial Inclusion Summit is about the power of collaboration. Together, we can build opportunity for shared prosperity and the full participation of Americans with disabilities in the economic mainstream." 

Collaborating organizations for the event included ABLE United, Agency for Persons with Disabilities, Brevard Achievement Center, CareerSource Central Florida, Central Florida Disability Chamber of Commerce, City of Orlando, FDIC, Florida Prosperity Partnership, FAAST, Goodwill Central Florida, Heart of Florida United Way, the Internal Revenue Service and Office of the Comptroller of the Currency. 

As the nation's first ...

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Macy's CEO says management changes, job cuts target faster sales, better margins
Tue, 22 Aug 2017 13:52:00 GMT
The changes, announced Monday, are part of CEO Jeff Gennette's first major overhaul efforts in his new role at Macy's.
Overseas Strength May Generate Buying Interest On Wall Street
Tue, 22 Aug 2017 12:47:04 GMT
The major U.S. index futures are pointing to a higher opening on Tuesday following the lackluster performance seen in the previous session. Strength overseas may generate some early buying interest on Wall Street amid easing concerns about recent political turmoil in Washington.
World’s first drone delivery service launches in Iceland
Tue, 22 Aug 2017 12:42:00 GMT
The world’s first operational drone delivery service has launched in Reykjavik, Iceland.
IBM partners with Nestle, Unilever and other food giants to trace food contamination with blockchain
Tue, 22 Aug 2017 12:00:00 GMT
IBM has been joined by a group of global food giants including Nestle, Unilever and Walmart in an effort to reduce food contamination by using blockchain.
Tech giants like Amazon and Facebook more disruptive to banks than fintech start-ups: WEF
Tue, 22 Aug 2017 10:00:00 GMT
Banks are faced with more competitive disruption from tech behemoths than financial technology (fintech) start-ups, according to a report.
Even business leaders who abandoned Trump’s councils may not stray far
Tue, 22 Aug 2017 09:53:00 GMT
Despite their symbolic moves, many CEOs will continue to advocate positions in person and through lobbyists, while people in President Donald Trump’s inner circle face a harder decision.
Economic Data Scheduled For Tuesday
Tue, 22 Aug 2017 08:52:38 GMT
  • The Johnson Redbook Retail Sales Index for the latest week is schedule for release at 8:55 a.m. ET.
  • The FHFA house ...

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JPMorgan thinks the electric vehicle revolution will create a lot of losers
Tue, 22 Aug 2017 07:49:00 GMT
Adoption of electric vehicles is set to accelerate, and that will run over a lot of losers, JPMorgan Cazenove said.
Classical music is a 'timeless interest field' for consumers: Expert
Tue, 22 Aug 2017 07:45:00 GMT
There are only 600 Stradivarius violins left in the world, but consumer interest in classical music remains strong, Florian Leonhard, expert and leading authority on fine violins at Florian Leonhard Fine Violins, said.
No chance of a 'Stradivarius bubble': Pro
Tue, 22 Aug 2017 07:45:00 GMT
"Responsible" investors make the violin market a safe environment for investment, Florian Leonhard, expert and leading authority on fine violins at Florian Leonhard Fine Violins, said.
European markets open higher after modest gains on Wall Street
Tue, 22 Aug 2017 06:49:00 GMT
European markets opened higher on Tuesday morning, after modest gains on Wall Street while investors awaited the annual central banking conference in Jackson Hole later this week.
Fed is first to worry about addiction to QE, says investment manager
Tue, 22 Aug 2017 06:49:00 GMT
The Fed could hike interest rates four times in the next 18 months and cut back quantitative easing, Saker Nusseibeh, CEO at Hermes Investment Management, said.
QE has widened gap between 'rich and have nots': CIO
Tue, 22 Aug 2017 06:11:00 GMT
Quantitative easing and zero interest rates have widened the gap between the rich and those on low incomes, Kevin Boscher, chief investment officer at Brooks Macdonald International, said.
China's Dalian Wanda drops plans to buy Nine Elms Square in London
Tue, 22 Aug 2017 05:52:00 GMT
Dalian Wanda Group said on Tuesday it had scrapped plans to buy Nine Elms Square in London, the latest setback for the Chinese conglomerate as Beijing tightens controls on overseas investment.
Now may be the time to reduce your exposure to US equities
Tue, 22 Aug 2017 05:19:00 GMT
The first cracks are already starting to appear as a sense of exhaustion seems to be setting in.
National security, foreign policy hasn't changed since Trump: Pro
Tue, 22 Aug 2017 05:19:00 GMT
Despite President Donald Trump's instinctual impulses, he has held back on his election antagonism towards NATO and on foreign policy commitments, Inderjeet Parmar, professor at City University, said.
Christie’s: Online channel important to sale of art masterpieces
Tue, 22 Aug 2017 05:19:00 GMT
More than one third of new Christie’s clients come through their online channel, Dirk Boll, president of EMERI at at the auction house, told CNBC.
Steve Jobs didn’t invent iPhone multi-touch touchscreen, claims author
Tue, 22 Aug 2017 05:19:00 GMT
Multi-touch technologies had been incubating for decades before Apple’s launch of the iPhone, Brian Merchant, author of "The One Device", told CNBC.
Parts of UK housing sector are attractive, investment manager says
Tue, 22 Aug 2017 05:19:00 GMT
Hermes Investment Management CEO Saker Nusseibeh discusses investment opportunities in the U.K.'s housing market - particularly in the lower end.
BHP’s Australian shares gain after earnings
Tue, 22 Aug 2017 05:19:00 GMT
CNBC’s Matt Taylor discusses BHP Billiton’s earnings beat, after the firm appeared to bow down to pressure from activist investor Elliott Management.
Mining sector 'a safe place to be in' for investors: Pro
Tue, 22 Aug 2017 05:19:00 GMT
Rising dividend profiles make mining an attractive sector for investors, but they probably should have cashed in last year, Paul Renken, senior geologist and mining analyst at VSA Capital, said.
Equities driven more by earnings than liquidity: Pro
Tue, 22 Aug 2017 05:19:00 GMT
Equities were previously driven by global liquidity and post-financial crisis economic recovery, but are now being driven more by earnings, Kevin Boscher, Chief Investment Officer at Brooks Macdonald International, said.
Since Charlottesville, opposition has mounted against Trump: Pro
Tue, 22 Aug 2017 05:19:00 GMT
Further strife could arise from President Donald Trump’s equivocal response to the white supremacist march in Charlottesville, Inderjeet Parmar, professor at City University, told CNBC.
The world's largest mining firm is selling its US shale oil and gas business
Mon, 21 Aug 2017 23:21:00 GMT
Global mining giant BHP Billiton posted a five-fold rise in annual underlying profit on Tuesday.
You would be amazed at how much implicit bias there is against women at work
Mon, 21 Aug 2017 20:46:00 GMT
The recent Google memo story ignores the subtle gender bias that hurts women in the workplace, says E. Anne York in The Conversation.
J&J ordered to pay $417 million in trial over talc cancer risks
Mon, 21 Aug 2017 18:53:00 GMT
The largest verdict to date in the Johnson & Johnson case alleging links between cancer and their talc-based products.
Cramer On 'Broken Stocks': Opportunities Galore!
Mon, 21 Aug 2017 16:03:04 GMT

A "broken company" is not at all the same thing as a "broken stock," CNBC's Jim Cramer explained during his daily "Mad Money" show Friday. In fact, there is one big distinction between the two: A "broken company" contributes to a stock market correction, as they are "directly in the blast zone and certain to be obliterated."

Consider, for example, the 2012 market selloff in reaction to economic uncertainties and a debt crisis across Europe, especially Italy. Stocks with exposure ...

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Whisky could be just as sound an investment opportunity as gold
Mon, 21 Aug 2017 13:46:00 GMT
Whisky might not be the most conventional buying opportunity – but for this investor, it's a commodity worth investing in.
Global Oilfield Services Market Will Reach USD 127.31 Billion by 2022: Zion Market Research
Mon, 21 Aug 2017 13:26:07 GMT

Sarasota, FL, Aug. 21, 2017 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled "Oilfield Services Market (Pressure Pumping Services, Oil Country Tubular Goods, Wireline Services, Well Completion Equipment & Services, Well Intervention Services, Drilling & Completion Fluid Services, and Coiled Tubing Services) for Offshore and Onshore Applications: Global Industry Perspective, Comprehensive Analysis and Forecast, 2016 - 2022". According to the report, the global oilfield services market accounted for USD 102.08 billion in 2016 and is expected to reach USD 127.31 billion by 2022, growing at a CAGR of 3.8% between 2017 and 2022. 

Global oilfield services market is expected to witness positive growth within the forecast period on account of increasing consumption of oil & gas resources. This has encouraged the key players across the globe to invest in the exploration and production of oil & gas in order to meet the demands of the population. Oilfield service companies assist in the setting up of oil and gas wells. In general, these companies manufacture, repair and maintain equipment used in oil extraction and transport. The services are also helpful in good logging, perforation, zonal isolation, well stimulation, sand washing and setting tubing plugs. Oilfield services and equipment are critical for the upstream sector and account for a large share of oil and gas companies' spending. The increased consumption of oil and gas across the globe is expected to be the major driver for the oilfield services market. The growing demand has resulted in various government and private sector investments in the drilling and exploration of oil and gas resources. Moreover, increasing shale gas production is expected to further propel the growth of the oilfield services market within the forecast period. The increased focus on renewable energy in order to combat the global climate change issues is expected to curb the growth of the oilfield services market in the coming years. However, technological advancements in oil and gas exploration coupled with the lifting of Iranian oil export sanctions is expected to open new avenues of opportunities for the oilfield services market within the forecast period.

Browse through 13 Market Tables and 25 Figures spread through 167 Pages and in-depth TOC on "Global Oilfield Services Market: Industry Size, Share, Analysis, Trends, Overview and Forecast 2016 – 2022".

Request Free Sample copy of Global Oilfield Services Market Report @ https://www.zionmarketresearch.com/sample/oilfield-services-market

The oilfield services ...

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Lack Of News May Lead To Choppy Trading On Wall Street
Mon, 21 Aug 2017 12:47:41 GMT
The major U.S. index futures are pointing to a roughly flat opening on Monday, with stocks likely to show a lack of direction amid a quiet news day.
Herbalife had talks to go private; adds pressure on Ackman with tender offer
Mon, 21 Aug 2017 12:46:00 GMT
Herbalife says it recently held talks to go private but the discussions ended last week without a deal.
Wal-Mart expands online grocery delivery via Uber to Orlando, Dallas
Mon, 21 Aug 2017 12:41:00 GMT
More and more retailers and grocers alike are looking to grab a share of the online food market before it's too late.
Economic Data Scheduled For Monday
Mon, 21 Aug 2017 08:56:10 GMT
  • The Chicago Fed National Activity Index for July is schedule for release at 8:30 ...

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Trying to measure market rally duration a 'red herring': Pro
Mon, 21 Aug 2017 07:01:00 GMT
Analysts measuring a market rally by days, weeks, months and years could be missing the point, Steven Andrew, fund manager at M&G Investments, told CNBC.
Global Contrast Injector Market Will Reach USD 889.3 Million by 2022: Zion Market Research
Mon, 21 Aug 2017 06:09:45 GMT

Sarasota, FL, Aug. 21, 2017 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled "Contrast Injector Market by Product (Injector Systems, Consumables, Accessories), & Application (Radiology, Interventional Cardiology, Interventional Radiology) - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2016 – 2022". The global contrast injector market was valued at around USD 660.0 million in 2016 and is expected to reach approximately USD 889.3 million by 2022, growing at a CAGR of 5.8 % between 2017 and 2022.

Contrast media injectors are commonly used in radiology to inject contrast media agents into the bloodstream of patients in order to enable clear visualization of various pathologies and chronic disease conditions. Contrast media injectors are used in hospitals along with X-ray, CT, MRI and imaging device. Contrast injectors ensure optimized opacification and delineation of arterial, venous anatomy, abnormal lesions in imaging and interventional radiology.

Browse through 29 Market Tables and 30 Figures spread through 110 Pages and in-depth TOC on "Global Contrast Injector Market: By Product, Application, Share, Size, Segments, and Forecast 2016 – 2022".

Request Free Sample copy of Global Contrast Injector Market Report @ https://www.zionmarketresearch.com/sample/contrast-injector-market

Rising incidence of various types of cancers, cardiac diseases, trauma cases and rising aging population are some major factors driving the growth of global contrast injectors market. In addition, increasing demand for early diagnosis and non invasive diagnosis is propelling the growth of the market. However, High costs and FDA approval concern in some countries are some of the factors expected to restrain the growth of the global contrast media injectors market to a certain extent. 

Contrast injector is extensively used in imaging procedures that help to diagnose stroke, heart disease, cancer, vascular disease, physical injury, digestive disorder, and more. Contrasts injector regulates the speed of injections to keep up with faster-computed tomography (CT) scanners and warn clinicians of the possibility of air embolisms or extravasations. A contrast enhanced thin slice CT scan with 3D reconstruction provides the greatest clarity of the mediastinal structures. Contrast media associated cardiovascular and brain imaging has been the most important tool allowing for innovation in cardiac surgery. Nowadays, growing technological sophistication has evolved contrast injectors from manual injectors to automated versions, providing greater accuracy and more technical advantages. 

Browse the full " Contrast Injector Market by Product (Injector Systems, Consumables & Application (Radiology, Interventional Cardiology, ...

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FlexPrint LLC Managed Print Solutions Named To 2017 Inc. 5000 For Eighth Consecutive Year
Mon, 21 Aug 2017 02:43:16 GMT

Phoenix, Arizona, Aug. 20, 2017 (GLOBE NEWSWIRE) --

FlexPrint LLC and its family of companies that include Action Imaging Group, Cannon IV, ProCopy Office Solutions, and Laser Options, has been selected to the 2017 Inc. 5000 list of America's fastest growing private companies.  Of the tens of thousands of companies that have applied to the Inc. 500|5000, FlexPrint joins a mere one percent of private companies that has made this prestigious list for eight consecutive years.

"Eight consecutive years in the Inc. ...

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Global Silicon on Insulator Market Will Reach USD 1945.89 Million by 2022: Zion Market Research
Fri, 18 Aug 2017 13:12:39 GMT

Sarasota, FL, Aug. 18, 2017 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled "Silicon-on-Insulator (SOI) Market by Wafer Type (RFSOI, FDSOI and Others), by Technology (BESOI, ELTRAN, SoS, SiMOX and Smart Cut) by Product (RF FE, MEMS, Power, Optical and Others) Market for Automotive, Computing and Mobile, Entertainment and Gaming, Photonics, Telecommunications and Others Application: Global Industry Perspective, Comprehensive Analysis and Forecast, 2016 - 2022". According to the report, the global Silicon on Insulator Market accounted for around USD 427.90 Million in 2016 and is expected to reach approximately USD 1945.89 Million by 2022, growing at a CAGR of 28.7% between 2017 and 2022. 

The growth of global Silicon-on-Insulator (SOI) market is primarily attributed to the significant growth of consumer electronics market. Furthermore, miniaturization of semiconductor devices coupled with low operating voltage and high performance is expected to favor the growth of Silicon-on-Insulator (SOI) market in near future. Additionally, increasing demand for gaming consoles and a microprocessor, and massive demand from emerging countries in Asia Pacific is predicted to fuel the growth of Silicon-on-Insulator (SOI market in years to come. However, lack of available intellectual property (IP) ecosystem is expected to hamper Silicon-on-Insulator (SOI) market growth.  Nonetheless, application of SOI in IoT paired with demand from APAC is estimated to open new alluring opportunities for Silicon on Insulator market in the near future.

Browse through 37 Market Tables and 23 Figures spread through 110 Pages and in-depth TOC on "Global Silicon-on-Insulator Market: By Type, Product, Application, Share, Size and Forecast 2016 – 2022".

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Based on wafer type, global Silicon-on-Insulator (SOI) market is bifurcated into RFSOI, FDSOI, and others.  RFSOI is expected to emerge as one of the most attractive wafer type segment of the Silicon on Insulator market in the forecast period. Significant demand from APAC will support the growth of this segment in the analysis period. FDSOI is also expected to become another most lucrative wafer type segment in the forecast period. BESOI, ELTRAN, SoS, SiMOX and smart cut are the technology segment of the market.  The ...

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Bargain Hunting May Contribute To Strength On Wall Street
Fri, 18 Aug 2017 12:44:55 GMT
The major U.S. index futures are pointing to a modestly higher opening on Friday, with stocks poised to regain some ground after ending the previous session substantially lower.
Economic Data Scheduled For Friday
Fri, 18 Aug 2017 08:48:27 GMT
  • The University of Michigan's consumer sentiment index for August is schedule for release at 10:00 a.m. ET.
  • Dallas Federal ...

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Global Lithium Air Batteries Market to Increase at CAGR Of 12.3% during 2017 and 2022: Zion Market Research
Fri, 18 Aug 2017 05:31:21 GMT

Sarasota, FL, Aug. 18, 2017 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled "Lithium Air Batteries Market (By Type: Conventional Lithium Air Batteries and Nano Lithium Air Batteries for Applications: Electronics, Electric Cars, and Grid Backup): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2016 – 2022". According to the report, global lithium air batteries market is expected to grow at a CAGR of 12.3% between 2017 and 2022.

In a lithium air battery, the anode is made of lithium and the cathode is oxygen drained from the surrounding air. The lithium air battery uses oxygen available in large quantities from the environment thus, we can save volume and weight of lithium air battery. From all known battery devices lithium air batteries have highest analytical energy density and could boost the renewable energy economy. A lithium air battery has a high energy density with 90% efficiency and can be recharged 2000 times more than lithium ion batteries. At the time of low current discharge, lithium air batteries function as a high capacity battery while at the time of large current discharge, lithium batteries function as a high power battery. In the process, to store charge the air changes state from gaseous to solid as it binds with lithium and then converts back from solid to gaseous as the charge is drained.

Browse through 15 Market Tables and 21 Figures spread over 120 Pages and in-depth TOC on "Global Lithium Air Batteries Market: Industry Type, Size, Share, Segments and Forecast 2016 – 2022".

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Lithium air batteries are highly capable because of their potential to deliver a high output of energy and after repeated charging cycles lithium air batteries retain their performance. The major driving factor for lithium air batteries market is having a wide range of applications in smart devices, electric vehicles, and development towards the enhancement of lithium air batteries. The global lithium air batteries market offers new growth opportunities, due to increase in growth of new technologies, adoption in new applications due to declining prices of lithium air batteries. Development of lithium sodium ion batteries and lithium sulfur ion batteries are expected to act as substitutions for lithium air batteries.

Lithium air batteries are bifurcated on the basis of types and applications. On the basis of type, lithium air batteries market is segmented into conventional lithium air batteries and nano lithium air batteries. Conventional lithium air ...

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As U.S. Budget Crisis Looms (Again), 7 Stocks Affected By Government Shutdowns
Thu, 17 Aug 2017 18:29:38 GMT

We’re months away from the annual budget deadline, and if Congress and President Donald Trump fail to appropriate funds, government departments won’t be able to spend money. This means contractors won’t get paid.

“If the budget debate gets ugly, which is a clear possibility, we could see the shares weaken in September, and then potentially rebound fairly quickly with the conclusion of (or lack of) any shutdown, as was the case in 2013,” Wells Fargo analyst Ed Caso wrote in a Thursday note.

Booz Allen Hamilton Holding Corporation (NYSE: BAH), CACI International Inc (NYSE: CACI), CSRA Inc (NYSE: CSRA), ICF International Inc (NASDAQ: ICFI), Leidos ...

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As U.S. Budget Crisis Looms (Again), 7 Stocks Affected By Government Shutdowns
Thu, 17 Aug 2017 18:29:38 GMT

We’re months away from the annual budget deadline, and if Congress and President Donald Trump fail to appropriate funds, government departments won’t be able to spend money. This means contractors won’t get paid.

“If the budget debate gets ugly, which is a clear possibility, we could see the shares weaken in September, and then potentially rebound fairly quickly with the conclusion of (or lack of) any shutdown, as was the case in 2013,” Wells Fargo analyst Ed Caso wrote in a Thursday note.

Booz Allen Hamilton Holding Corporation (NYSE: BAH), CACI International Inc (NYSE: CACI), CSRA Inc (NYSE: CSRA), ICF International Inc (NASDAQ: ICFI), Leidos ...

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Never Mind The Blue-Collar Base: Trump Is Losing The Elites, Analyst Says
Thu, 17 Aug 2017 13:44:36 GMT

What began with a deadly clash in Virginia led to a perfect storm that threatens the global economy and stability of the dollar.

The danger is not so much that President Donald Trump is losing his angry, white, working-class base, but he is being abandoned by GOP elites who were hoping to profit from his now-stillborn agenda.

In fact, Trump’s reaction to the riots in Virginia, the bolting of support by corporate America and his administration’s belligerent opening day of renegotiations of the NAFTA trade pact have created a tumult that is heightening the president’s prospects for impeachment, a geopolitical risk analyst said.

Political economist Mark Y. Rosenberg, CEO of the predictive analytics firm GeoQuant, has been tracking the arc of Trump’s nearly seven months in office to their current nadir. What does it all mean£

"It means that the ongoing drama in Washington will continue to weigh on the dollar — politics will stall pro-growth tax reforms and infrastructure ...

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At 14.5% CAGR, Smart Home Market to Reach $53.45 Billion by 2022: Zion Market Research
Thu, 17 Aug 2017 13:19:11 GMT

Sarasota, FL, Aug. 17, 2017 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled "Smart Home Market (Smart Kitchen, Security & Access Control, Lighting Control, Home Healthcare, HVAC Control and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2016-2022". According to the report, the global smart home market was valued at around USD 24.10 billion in 2016 and is expected to reach approximately USD 53.45billion in 2022, growing at a CAGR of slightly above 14.5% between 2017 and 2022.

The advanced technology has enabled various devices to be connected and controlled by one device and this technology is used by smart homes. In smart homes, various devices such as lighting, AC, CCTV cameras, smart TV, washing machine, etc., can be controlled by either a remote or a smartphone or tablet. These devices can be switched on or off from a different location even if the device controlling them gets a signal for the same. Homeowners are enjoying more convenience and comfort from basic security monitoring and customized access to window coverings, appliances, lighting, irrigation, entertainment systems and many others.Prominent drivers of smart home adoption are energy efficiency, home security, entertainment, convenience/productivity, remote health monitoring and connectivity.

Browse through 13 Market Tables and 22 Figures spread through 110 Pages and in-depth TOC on "Smart Home Market (Smart Kitchen, Security & Access Control, Lighting Control, Home Healthcare, HVAC Control and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2016-2022".

Request Free Sample copy of Global Smart Home Market Report @ https://www.zionmarketresearch.com/sample/smart-home-market

North America held the ...

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Concerns About Political Turmoil May Weigh On Wall Street
Thu, 17 Aug 2017 13:10:09 GMT
The major U.S. index futures are pointing to a lower opening on Thursday following the modest strength seen in the previous session. Concerns about political turmoil in Washington, D.C. may weigh on the markets
Counting the Minutes: Fed Eyed For Possible Hints Of Balance Sheet Plans, Rate Hike
Wed, 16 Aug 2017 14:30:19 GMT

Fed minutes and Target Corporation (NYSE: TGT) results step into the spotlight today as the market continues to ease back on the so-called “fear trade” after last week’s volatile action.

Wednesday afternoon brings the release of minutes from the July Federal Open Market Committee (FOMC) meeting. Investors might be interested to see if there’s more detail on the Fed’s balance sheet reduction plans, though it’s unlikely the minutes will spell that out in a really granular way. As always, be on the lookout for any change in wording from the previous meeting and for any hints of a possible rate increase by the end of the year. Odds of that now stand at 49%, according to CME Group futures.

Target (TGT) is the big name reporting this morning, followed by Wal-Mart Stores Inc (NYSE: WMT) before the opening bell tomorrow. The news from TGT looked encouraging, as the company beat analysts’ estimates for revenue and earnings. Same-store sales rose 1.3%, compared with Wall Street’s 0.7% expectations. Perhaps more importantly, digital sales rose 32%, a sign that TGT continues to attract shoppers to its online portal. Shares of TGT rose in pre-market trading. TGT’s strong results could serve as more proof that consumers are out there. Retailers just have to find a way to get them into stores.

WMT is expected to report earnings of $1.06 per share, down one cent from $1.07 in the prior-year quarter, on revenue of $122.7 billion, according to Wall Street consensus analyst estimates. Revenues are expected to grow 1.5% year over year. The thing to consider going into WMT’s earnings is that while the retail sector has seen some weakness, Kohl’s Corporation (NYSE: KSS) and TGT each had strong performances, and both of those companies have businesses that are highly correlated with WMT. This could raise expectations for WMT.

Tuesday was a yawner of ...

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Futures Pointing To Continued Strength On Wall Street
Tue, 15 Aug 2017 12:56:25 GMT
The major U.S. index futures are pointing to a higher opening on Tuesday, with stocks poised to extend the upward move seen in the previous session. Upbeat economic data and easing concerns about the situation with North Korea may generate continued buying interest.
Stocks May Continue To Regain Ground
Mon, 14 Aug 2017 13:00:51 GMT
The major U.S. index futures are pointing to a higher opening on Monday, with stocks poised to extend the rebound seen last Friday.
Bargain Hunting May Contribute To Rebound On Wall Street
Fri, 11 Aug 2017 12:51:06 GMT
The major U.S. index futures are pointing to a higher opening on Friday, as some traders may look to pick up stocks at reduced levels following the pullback seen over the past few sessions.
Tensions Between U.S./North Korea May Generate Continued Selling Pressure
Thu, 10 Aug 2017 12:59:38 GMT
The major U.S. index futures are pointing to a lower opening on Thursday, with stocks likely to extend the pullback seen over the two previous sessions. Geopolitical concerns may continue to weigh on Wall Street amid a continued escalation in tensions between the U.S. and North Korea.
Geopolitical Concerns May Weigh On Wall Street
Wed, 09 Aug 2017 12:51:04 GMT
The major U.S. index futures are pointing to a lower opening on Wednesday, with stocks poised to see further downside after ending the previous session modestly lower. Geopolitical concerns are likely to weigh on the markets amid a continued increase in tensions between the U.S. and North Korea.
Doves And Hawks Of The Fed
Tue, 08 Aug 2017 19:58:00 GMT

A look at the economic calendar of the week shows that a host of Fed officials are scheduled to make public appearances this week. Fed speeches are market-moving economic events, given that they give clues to the monetary policy outlook.

On Monday, St. Louis Federal Reserve President James Bullard discussed the U.S. economy and monetary policy at the America's Cotton Marketing Cooperatives 2017 conference in Nashville.

The essence of Bullard's speech was this: The current level of the policy rate is likely to remain appropriate over the near term. This was in line his earlier view that Fed rates may not be altered until the end of 2019, as the U.S. economy navigates through a period of persistently low growth.

Meanwhile, Minneapolis Fed President Neel Kashkari, while speaking at the Sioux Falls Rotary Club event in South Dakota Monday, did not delve on monetary policy outlook but instead chose to emphasize the importance of immigrant workers for growth.

Anatomy Of The FOMC

The Federal Reserve Monetary Policy Committee, or consists of 12 members:

  • Seven members of the Board of ...

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Profit Taking May Contribute To Early Weakness On Wall Street
Tue, 08 Aug 2017 12:42:16 GMT
The major U.S. index futures are pointing to a lower opening on Tuesday following the modest strength seen in the previous session. Profit taking may contribute to early weakness on Wall Street after the Dow climbed to a new record closing high for the ninth consecutive session on Monday.
Analyst: Here's What To Expect From Congress On Debt Ceiling, Tax Reform
Mon, 07 Aug 2017 14:48:01 GMT

Nearly seven months into President Donald Trump’s term in office, his administration is still struggling with his top campaign promise: healthcare reform. Investors hoping that Trump and Congressional Republicans would quickly breeze their way through healthcare reform and tax reform have been sorely disappointed. Seven months in, there still appears to be no light at the end of the tunnel on health care reform.

For investors banking on tax cuts providing a major tailwind for U.S. companies, Height Securities provided an update for investors on Friday morning.

Debt Ceiling

Height is now calling for Congress to simply “punt” the debt ceiling debate by enacting some form of stop-gap measure prior to the Sept. 29 deadline. With just 11 ...

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Upbeat Jobs Data May Generate Continued Buying Interest
Mon, 07 Aug 2017 12:42:32 GMT
The major U.S. index futures are pointing to a higher opening on Monday, with stocks likely to add to the modest gains posted last Friday. The markets may continue to benefit from positive sentiment generated by the Labor Department's upbeat monthly jobs report.
Dollar ETF Looks To Shed Its Bearish Ways
Mon, 07 Aug 2017 12:28:20 GMT

Vexing currency market observers, the PowerShares DB US Dollar Index Bullish Fund (NYSE: UUP) is down 8.4 percent year to date. That is an arguably stunning decline when considering the Federal Reserve has boosted interest rates twice this year.

UUP, the exchange-traded fund proxy for the U.S. Dollar Index, is also one of this year's worst-performing currency ETFs. The ETF measures the dollar's performance against the euro, Japanese yen, British pound, Canadian dollar, Swedish krona and Swiss franc.

Predictably, UUP's technical outlook is currently unappealing. The ETF resides nearly 10 percent below its 52-week high and more than 5 percent below its 200-day moving average. UUP has not closed above its 200-day line since May and resides 2.3 percent below its 50-day line.

Temper Those Expectations

The global interest rate ...

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Upbeat Jobs Data May Lead To Strength On Wall Street
Fri, 04 Aug 2017 12:56:21 GMT
The major U.S. index futures are pointing to a higher opening on Friday following the release of the Labor Department's closely watched monthly jobs report. The upward momentum on Wall Street comes as the report showed much stronger than expected job growth in the month of July.
Looming Jobs Report May Lead To Choppy Trading On Wall Street
Thu, 03 Aug 2017 12:49:36 GMT
The major U.S. index futures are pointing to a roughly flat opening on Thursday, with stocks poised to extend the lackluster performance seen in the previous session. Traders may remain reluctant to make significant moves ahead of the release of the Labor Department's closely watched monthly jobs report on Friday.
Upbeat Apple Results May Lead To Strength On Wall Street
Wed, 02 Aug 2017 12:55:26 GMT
The major U.S. index futures are pointing to a higher opening on Wednesday, with stocks poised to add to the gains posted in the previous session.
Bond Bubble About To Burst£
Tue, 01 Aug 2017 19:32:31 GMT

With the S&P 500 trading within a stone’s throw of all-time highs and Goldman Sachs recently drawing calculated comparisons between leading tech stocks today to those leading the dot-com bubble in 2000, investors are growing increasingly concerned that the stock market may once again be entering bubble territory. According to former Federal Reserve chairman Alan Greenspan, investors should be much more concerned about bond prices.

In a new interview, Greenspan said interest rates remain well below where they should be. He expects rates to experience a rapid rise at some point in the near future.

“We are experiencing a bubble, not in stock prices but in bond prices,” Greenspan said. “This is not discounted in the marketplace.”

Related Link: Yellen Puts ...

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Futures Pointing To Higher Open On Wall Street
Tue, 01 Aug 2017 13:21:16 GMT
The major U.S. index futures are pointing to a roughly higher opening on Monday following the mixed performance seen in the previous session.
Futures Pointing To Initial Strength On Wall Street
Mon, 31 Jul 2017 13:08:41 GMT
The major U.S. index futures are pointing to a higher opening on Monday following the mixed performance seen in the previous week.
Disappointing Earnings News May Weigh On Wall Street
Fri, 28 Jul 2017 12:51:34 GMT
The major U.S. index futures are pointing to a lower opening on Friday following the mixed performance seen in the previous session. Negative sentiment may be generated in reaction to the latest batch of earnings news, including disappointing results from Amazon (AMZN).
Positive Earnings News In Focus On Wall Street
Thu, 27 Jul 2017 12:56:46 GMT
The major U.S. index futures are pointing to a higher opening on Thursday, with stocks poised to add to the modest gains posted in the previous session.
Fed Keeps Rates Steady; Hints Balance Sheet Selloff Is 'Soon'
Wed, 26 Jul 2017 22:36:57 GMT

(Post Fed Announcement) There’s not much to see here folks. The Federal Reserve appears to have become a master of telegraphing its message to the markets and investors well ahead of announcing its interest-rate “decision” and showcased that again today when it said that it would keep the Federal funds rates in a range of 1% to 1.25%.

What did change in its statement is that it “expects to begin implementing its balance sheet normalization program relatively soon,” addressing the well-anticipated nod to its plan to begin unraveling the $4.5 trillion package of Treasury and mortgage-backed securities that were used to prop the economy during the depths of the recession. Some analysts were hoping to hear exactly when that might be, but the statement only hinted to “soon.” That does not wipe out a September start, as many analysts have expected, but doesn’t guarantee one either.

“In view of realized and expected labor market conditions and inflation, the committee decided to maintain the target range for the federal funds rate,” the statement reads, reiterating last month’s statement.

Is Fed Submitting to Low Inflation£

Inflation, which has stubbornly stayed below 2%, appears to still be an issue to the Fed, which tightened its wording in today’s statement in what might be an acquiescence to the lower measure. The statement changed the phrasing to note that “Inflation on a 12-month basis is expected to remain somewhat below 2% in the near term but to stabilize around the committee’s 2% objective over the medium term,” rather than the previous “is running somewhat” below 2%.

As usual, the statement noted that “The stance of monetary policy remains accommodative, thereby supporting some further strengthening in labor market conditions and a sustained return to 2%.”

Also like previous statements, there was no tangible missive attached detailing when the next interest-rate increase might take place, but Chair Janet Yellen’s testimony to Congress earlier this month might have been ...

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Strategist: The Bull Run Is Over, Take Your Profits While You Can
Wed, 26 Jul 2017 19:27:38 GMT

The Dow Jones Industrial Average benefited from a triple-digit point surge on Tuesday while the S&P 500 index hit a new intra-day all-time high. Despite the market's continued momentum, some experts are calling for investors to lock in their profits and exit American stocks.

Every bull run has to come to an end at some point and Stephen Wood, the chief market strategist at Russell Investments, thinks that time has come after eight-plus years of a "strong rally." To support ...

Full story available on Benzinga.com

Yellen, Cohn In The Running For Next Fed Chair
Wed, 26 Jul 2017 13:59:32 GMT

President Donald Trump has identified at least two top candidates for Chairman of the Federal Reserve: current Chairwoman Janet Yellen and Trump’s economic advisor Gary Cohn, according to a Wall Street Journal report.

Yellen’s term as chair doesn’t end until February, so making a decision any time soon would be premature, as Trump noted during the WSJ interview, adding that a formal nomination will likely not be made until the end of the year.

The news comes as the Fed conducts its July meeting. Followers of the Fed’s actions are expecting it to leave interest rates unchanged.

Trump: ‘A Lot Of Respect’ For Yellen

Yellen began her career at the Fed in 2004, when she was named President of the San Francisco Federal Reserve Bank.

In 2010, Yellen was appointed Vice Chairwoman of the Fed, and began ...

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Fight Rising Rates With This New ETF
Wed, 26 Jul 2017 12:41:45 GMT

The Federal Reserve has raised interest rates twice this year and plenty of fixed income market participants believe a third rate hike will take place before the end of 2017.

That hasn't derailed U.S. equities as the S&P 500 and other major benchmarks keep grinding to record heights, but focusing on those sectors that perform well in rising rate environments could prove to be a winning strategy if the Fed moves forward with more rate increases.

The ProShares Equities for Rising Rates ETF (NASDAQ: EQRR), which debuted Tuesday, is an exchange traded fund to help with objective of equity exposure in the face of increasing borrowing costs. The new ETF tracks the Nasdaq U.S. Large Cap Equities for Rising Rates Index.

“The goal ...

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A Bear Market Is Coming In 2018, Bloomberg Finds In New Survey
Tue, 25 Jul 2017 18:59:59 GMT

Sorry investors, but results of a poll of 30 finance professionals across four continents aren't supportive of the continued bull run. According to a Bloomberg survey, the bull stock market run has just more than one year left and will end late next year when U.S. credit will enter its first bear market since the financial crisis nearly 10 years ago.

The conclusion among experts is that the second-longest bull run on record will end at some point in 2018, Bloomberg reported. ...

Full story available on Benzinga.com

Futures Pointing To Mixed Open On Wall Street
Tue, 25 Jul 2017 13:03:29 GMT
The major U.S. index futures are pointing to a mixed opening on Tuesday, with the Dow futures up by 99 points and the Nasdaq futures down by 2.50 points.
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