Markets

Here are the most traveled structurally deficient bridges in Colorado

According to the report , structurally deficient means one or more of the key bridge elements like the deck, superstructure or substructure, is considered to be in poor or worse condition. The ARTBA report says the estimated cost of needed repairs on Louisiana's 3,217 bridges is $4 billion. "State and local transportation departments haven't been provided the resources to keep pace with the nation's bridge needs". Read More

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Brexit pound plunge pumps up Sonos speaker prices by up to 25%

Sonos released a statement explaining the change: "We pay for everything we make in United States dollars..." As Sonos told the Graun, "Over recent months, there has been a significant change on the U.S. The full list of price increases can be viewed over on the Sonos website. The Play:1 will rise to £199 (from £169), the Play:3 to £299 (from £259) and the Play:5 to £499 (from £429). Read More

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Russia-China Trade Turnover Up 34% in January 2017

Russia-China Trade Turnover Up 34% in January 2017

The holiday fell on January 28 this year, 11 days earlier than last year. Exports of Chinese merchandise jumped 7.9 per cent in January compared with a year earlier in dollar terms, beating the Bloomberg consensus of 3.2 per cent. China's export to Russian Federation rose 7.3% on an annualized basis to $37.3 bln in 2016. The surplus decreased $20.1 billion to $347.0 billion in 2016, the U.S. Read More

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DHS chief wants border wall done in 2 years

DHS chief wants border wall done in 2 years

There has been some debate over the funding of the wall, with Trump initially and vocally demanding Mexico pay for the wall and then being rebuked by the Mexican president. President Trump signed directives to build a wall along the 2,000-mile U.S. They briefed reporters and planned to head to Capitol Hill later Tuesday in an apparent effort to smooth relations after reports that lawmakers and other stakeholders were left out of the crafting of the executive order on toughened vetting at ... Read More

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Fed leaves key rate unchanged at a time of uncertainty

The Committee is maintaining its existing policy of reinvesting principal payments from its holdings of agency debt and agency mortgage-backed securities in agency mortgage-backed securities and of rolling over maturing Treasury securities at auction, and it anticipates doing so until normalization of the level of the federal funds rate is well under way. Read More

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PMI Spikes in January

PMI Spikes in January

The higher reading could help allay concerns that Asia's third-largest economy was slipping into a prolonged slowdown after the government's program, rolled out in November, to withdraw 86% of bank notes in circulation triggered a severe cash shortage. Read More

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Teva Pharmaceutical Industries Ltd (ADR) (TEVA) is Upgraded by BofA/Merrill to

Teva Pharmaceutical Industries Ltd (ADR) (TEVA) is Upgraded by BofA/Merrill to " Buy"

Jefferies Group LLC reiterated a "hold" rating and issued a $36.00 price target on shares of Teva Pharmaceutical Industries Limited in a research report on Monday, January 9th. Current year EPS projections for Teva Pharmaceutical Industries Ltd (ADR) (NYSE: TEVA ) set at $5.12 according to the sentiments of 27 analysts, while its lowest earnings estimates are $5.05 and highest earnings estimates are $5.2. Read More

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Major Trading Alliance Wobbles on Trump Border Wall

Major Trading Alliance Wobbles on Trump Border Wall

Until this week, Mexico had tried its traditional approach of quiet, cautious diplomacy combined with back-room discussions, sending Cabinet officials for talks with the Trump administration. On Thursday, his press secretary, Sean Spicer, told the media that the tax proposal is one of several options to help cover the costs of a wall along the USA southern border. Read More

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Baker Hughes (NYSE:BHI), Anadarko Petroleum (NYSE:APC)

Baker Hughes had a negative net margin of 30.97% and a negative return on equity of 5.07%. During the same period a year ago, the company posted ($0.05) earnings per share. 11/01/2016 - Baker Hughes Incorporated was upgraded to "neutral" by analysts at Atlantic Equities. Finally, Jefferies Group LLC restated a hold rating and issued a $73.00 target price (up from $57.00) on shares of Baker Hughes in a research note on Wednesday, December 21st. Read More

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Weakness Of The Pound Helps Diageo Beat Estimates

Weakness Of The Pound Helps Diageo Beat Estimates

The weaker pound, following the Brexit vote, was a major contributor because Diageo generates most of its turnover in other currencies, namely euro and dollar. In the United Kingdom, sales were broadly flat, but revenues rose by 11% in continental Europe. Ivan Menezes, Chief Executive, commenting on the results said: "We have delivered a strong set of results with broad based improvement in both organic volume and top line growth and this positive momentum demonstrates continued effective ... Read More

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Rates on hold as inflation bottoms

There's still no sign of when inflation will rise into the central bank's target band of 2-3 per cent "over the medium term". The annual inflation rate hasn't been within the RBA's target band since the September quarter of 2014. He said volatile fuel prices likely rose 6.0 per cent in quarter, while tobacco prices also likely rose 7.4 per cent after the federal tobacco excise was hiked by 12.5 per cent in September. Read More

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Boston native who threatened Trump assassination being held in Miami

Boston native who threatened Trump assassination being held in Miami

The Florida man who was arrested on Tuesday for threatening the life of President-elect Donald Trump on Twitter is a close family friend of former President Bill Clinton and his wife, Hillary Clinton. He gave out his full name, Dominic Joseph Puopolo, and said that he also goes by "Lord Jesus Christ". That's the best we've come up with? "Congress? I appreciate that Congress". Read More

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Dollar Traders Await Bank Rate Word

Dollar Traders Await Bank Rate Word

This is the bank's first economic update since Donald Trump won the USA presidential election in November. "The shock to USA -bound exports would engender a much steeper slide in the Canadian dollar, well beyond 1.39 Canadian dollars per USA dollar we expect to see on monetary policy differentials", he says. Read More

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Loonie rises against United States dollar as greenback drops after Trump remark

The yuan's surge came as Donald Trump lambasted the U.S. dollar as too strong in an interview with the Wall Street Journal . "He's trying to talk the dollar down while his policies are going in another direction". Jasper Lo, chief strategist of King International Futures, said the yuan strengthen alongside other major currencies amid strong selling pressure on the U.S. Read More

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Auto and Amazon prop up retail sales

Auto and Amazon prop up retail sales

Those purchases made up $122.9 billion of the $658.3 consumers spent during November and December, according to numbers released by the National Retail Federation on Friday. The increase for the fourth quarter over the same period past year was 12.8%. Receipts at service stations rose 2.0 percent, reflecting higher gasoline prices. Read More

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EIA expects gradual increase in Kazakhstan's oil output

Falih was speaking at a conference in Abu Dhabi. "The pace of re-balancing will be accelerated due to the recent agreements within OPEC and with our party from outside" the Organization of Petroleum Exporting Countries. While Middle East producers have signaled they're sticking to the pledged reductions, the USA government recently raised this year's output forecast and explorers have added drilling rigs for 10 straight weeks. Read More

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Mexican peso hits fresh lows ahead of Trump conference

He said his vice president-elect Mike Pence was "leading an effort to get final approvals through various agencies and through Congress for the wall to begin". Trump cited Carrier and Ford as examples of where his intervention made a difference. "Mexico in some form. will reimburse us", Trump added. Mexican officials have strongly denied that they will do so, however. Read More

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Seven-seat VW Tiguan Allspace revealed at Detroit for 2017

Seven-seat VW Tiguan Allspace revealed at Detroit for 2017

As standard, the Tiguan has a sliding second row of seats, but distinct trims get three rows included, while level can get them as optional equipment. Driver assistance features include pedestrian detection, front autonomous emergency braking, blind spot alert and adaptive cruise control. The 2.0-litre diesel engine is offered in 150bhp, 190bhp and 240bhp form, the latter is likely to be the same bi-turbo unit from the sportiest Tiguan. Read More

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Infamous pharmaceuticals exec Martin Shkreli banned from Twitter after harassing journalist

Infamous pharmaceuticals exec Martin Shkreli banned from Twitter after harassing journalist

Now, Martin Shkreli is involved in a new scandal. The problem now is that some trolls on Twitter are issuing threats against the journalists, claiming they have nude photos of her, which they will be releasing. "I don't know how this could possibly be allowed because this is an act of targeted harassment", she said. It should be noted that this isn't the first time Shkreli has had issues on Twitter. Read More

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Cowboys' Jason Garrett puts fantasy owner minds at ease with starter decision

Cowboys' Jason Garrett puts fantasy owner minds at ease with starter decision

Our algorithms project Elliott and Bryant in the top-five fantasy options at their positions for this week, and Prescott is still a surefire starter in the fantasy championships. You never know who the Falcons will wind up playing against. This is just the second time in franchise history that they've had 13 wins. Prescott threw his first touchdown pass to Bryant, who made a hard catch seem easy while fending off Lions CB Johnson Bademosi to tie the score with 1:04 left in the half. Read More

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U.S. Home Prices Show Slightly Faster Annual Growth In October

U.S. Home Prices Show Slightly Faster Annual Growth In October

Nationwide home prices are basically back to where they were before the housing market crash and Great Recession, according to the monthly Standard & Poor's/Case-Shiller home price report. Among the nation's largest states, six hit new home price peaks-including NY ($363,000), which also saw the greatest month-over-month increase in October with a 0.7 percent upswing. Read More

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Historic Boeing-Iran Deal May Get Trumped

Airbus said it anticipated that would begin conveyances in mid-2017. Airbus is the world's Number 2 jet maker behind Boeing, a US-based multinational plane manufacturer. "Everyone has an interest in moving quickly". "This is a landmark agreement not only because it paves the way for Iran Air's fleet renewal", said Fabrice Bregier, Airbus President and Chief Executive Officer, in a statement . Read More

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