financializer news A weblog highlighting financial topics making news in the international media.

management: Biltmore Wealth Management Llc who had been investing in Amazon Com Inc for a number of months, seems to be bullish on the 821.16B market cap company, according to MSNBC. The stock increased 1.95% or 31.9 during the last trading session, reaching 1671.73. The institutional investor held 349 shares of the consumer services company at the end of 2018Q3, valued at 699,000, up from 171 at the end of the previous reported quarter. About 4.97M shares traded. AMZN has risen 41.49% since March 2, 2018 and is uptrending. Amazon, Inc. (news.financializer.com). As reported in the news.

story: Adrian Wyld / THE CANADIAN PRESS Feb. 7 at an event in Vaughan, Ont. after the story broke The allegations in the Globe story this morning are false, according to The Toronto Star. Neither the current nor the previous attorney-general was directed by me or anyone in my office to take a decision in this matter. Here is a timeline Prime Minister Justin Trudeau responds to a question during Question Period in the House of Commons, Wednesday. Article Continued Below Feb. 11 in Vancouver after privately speaking with Wilson-Raybould She confirmed, for me, a conversation we had this fallwhere I told her directly that any decisions on matters involving the director of public prosecutions were hers alone. I also highlight that we're bound by cabinet confidentiality. I respect her view that, due to privilege, she cannot comment or add on matters recently before the media. (news.financializer.com). As reported in the news.

n korea: Photo AP file world Warmbier's parents blame N Korea for son's death; Trump says his comments misinterpreted Mar. 2 06 20 am JST 51 Comments By DAN SEWELL and DARLENE SUPERVILLE CINCINNATI Unlike President Donald Trump, Otto Warmbier's parents don't believe North Korea's leader, according to MSNBC. The parents of the American college student who was sent home from North Korea in a vegetative state spoke out Friday, after Trump's comment this week that he takes Kim Jong Un at his word that he was unaware of any mistreatment during the young man's 17 months of captivity. In this March 16, 2016, photo, American student Otto Warmbier, center, is escorted at the Supreme Court in Pyongyang, North Korea. Warmbier died at age 22 soon after his return in June 2017. But no longer. Fred and Cindy Warmbier, who have expressed appreciation of Trump in the past and were guests at his 2018 State of the Union address, said in a statement Friday they had been respectfully silent while Trump and Kim met in Vietnam. (news.financializer.com). As reported in the news.

schmidt: The 46-year-old Plank is also tight with former MSNBC political analyst Steve Schmidt who worked for Plank as a consultant up until last year, sources told the Post, according to MSNBC. Schmidt started consulting for Plank on DC and politics in 2013, one source said. Home News Under Armour CEO Kevin Plank has another friend at MSNBCNews Under Armour CEO Kevin Plank has another friend at MSNBCByLisa Stevens-March 2, 2019 800Facebook Twitter Google Pinterest Whats AppNews anchor Stephanie Ruhle isn't the only MSNBC personality with The Post has learned. And he was instrumental in recommending Plank join one of Donald Trump's economic councils in 2017, which turned out to be a public relations fiasco. Schmidt befriended Ruhle when she was a reporter at Bloomberg, where she regularly interviewed Plank before jumping to MSNBC in 2016. The former adviser to John McCain and George W. Bush, who is on leave from MSNBC due to his work for Presidential hopeful Howard Schultz, is also pals with Ruhle who has come under fire for her ties to Plank. (news.financializer.com). As reported in the news.

trudeau: Stepping out Trudeau will be far from Ottawa as the MPs look into the allegations; he is expected to attend a climate-change rally in Toronto Monday evening, the start of a number of events planned across the country next week, according to The Toronto Star. Adrian Wyld / THE CANADIAN PRESS The House of Commons has risen for a two-week break, but the opposition parties say Trudeau owes the country a detailed explanation of his actions. Conservative leader Andrew Scheer and NDP leader Jagmeet Singh wrote Trudeau jointly Friday to ask him to recall MPs next week so the Commons could hold the government to account for its actions in the ongoing SNC-Lavalin Affair. Cameron Ahmad, a spokesman for the prime minister, said Friday the government has no intention of recalling the Commons, but will continue to cooperate and watch the work of the Commons justice committee as it probes the affair. Article Continued Below He is expected to attend a climate-change rally in Toronto Monday evening, the start of a number of events planned across the country next week in which his office says he will talk to Canadians about his climate action incentive plan which the Conservatives call a carbon tax. Prime Minister Justin Trudeau, however, will be far from Ottawa as the MPs look into the allegations. (news.financializer.com). As reported in the news.

andy mcdonald: On the same day, a damning report from the National Audit Office on Mr Grayling's reforms to probation suggested the part-privatisation of the service had cost the taxpayer millions of pounds, according to The Independent. ISOCountry Groups euro at be cy ee fi fr de gr ie it lv lt lu mc mt nl pt sk si sm es va uk gb us us variants 1 33.4, 2 33.3, 3 33.3 We'll tell you what's true. The analysis comes after Downing Street was forced to declare once more that Theresa May has full confidence in Mr Grayling as it emerged the government had settled a 33m fee over the no-deal ferry contract fiasco. You can form your own view. Subscribe now Andy McDonald - the shadow transport secretary - once more repeated his calls for Mr Grayling to be sacked, adding Whether its bailouts for failing private companies or keeping Chris Grayling in a job, the Tories seem obsessed with rewarding incompetence. From 15p 0.18 0.18 0.27 a day, more exclusives, analysis and extras. (news.financializer.com). As reported in the news.

assets mufg: MUFG's recent transactions include its purchase of an additional stake in PT Bank Danamon Indonesia and an agreement to buy Commonwealth Bank of Australia's asset management unit, according to The Japan Times. At the same time, MUFG has been selling holdings in companies such as Standard Life Aberdeen PLC and Brazil's Banco Bradesco SA to improve the efficiency of its investments and free up capital. The assets MUFG bought from Germany's second-largest bank, held by its subsidiary DVB Bank, include a loan portfolio of 5.6 billion 710 billion as well as the unit's employees and parts of the operating infrastructure, according to news releases from both banks on Friday. ; The deal is the latest for Japan's biggest bank in a spate of acquisitions abroad as it seeks to make up for diminishing returns in a country that's beset by rock-bottom interest rates and slow economic growth. It's a move in the right direction, said Toyoki Sameshima, a senior bank analyst at SBI Securities in Tokyo. My overall impression is positive. MUFG has been shifting assets to more profitable areas. (news.financializer.com). As reported in the news.

ethereum network: Eastern time on the Kraken exchange, according to Market Watch. The cryptocurrency has yet to log back-to-back winning weeks in 2019. A single bitcoin BTCUSD, -0.23% was fetching 3,851.58, up 0.4% since Thursday's level at 5 p.m. Read U.S. stocks poised to rally as news of U.S.-China trade talks swirl What are analysts saying On Thursday, the ethereum network completed its latest software upgrade, known as Constantinople. Analysts at Bit Ooda, a digital asset advisory firm, attributed the recent rally in Ether above 160 to the growing optimism around the upgrade, but warned investors, the euphoric rally may have come to an end. The upgrade is intended to speed up processing times to address scalability issues the ability of a blockchain to process transactions faster and more efficiently. (news.financializer.com). As reported in the news.

health reasons: Its analysis of the nation's grocery baskets has, for example, found that the long term and welcome trend of people choosing food for health reasons has plateaued, as it did then, according to The Independent. Levels of snacking have increased. Some startling research by Kantar, the research and analytics company, has found that consumers are engaging in behaviour that was common during the brutal recession that followed the financial crisis of 2008. More people are taking lunch boxes into work, rather than buying from sandwich shops or the canteen, because it's cheaper. It appears that the we'll be alright if we just keep calm and carry on' propaganda is being taken with a pinch of salt. The eating out boom of recent years has slowed dramatically. (news.financializer.com). As reported in the news.

canada: Meng, chief financial officer of Huawei Technologies, was arrested in Canada on December 1 at the behest of the US, which is widely believed to be politically motivated to counter China's rise in high-tech, according to Global Times China. China is utterly dissatisfied with and firmly opposes the issuance of the Authority to Proceed in Meng's case, a spokesperson for the Chinese Embassy in Canada said following the decision. Department of Justice Canada issued an Authority to Proceed Friday, formally commencing the extradition process of Meng. This is not merely a judicial case, but political persecution of a Chinese high-tech enterprise. Meng is due to appear in court again on March 6. The subsequent developments have proved this, the spokesperson said, noting that the so-called rule of law and judicial independence asserted by Canada cannot cover up mistakes made in this case. (news.financializer.com). As reported in the news.

canadian: Trudeau said Canada will develop and contribute a smart robotic system -- Canadarm3 -- that will repair and maintain the gateway, adding the Canadian partnership in the Lunar Gateway will be part of a new Canadian space strategy, according to Global Times China. With the Lunar Gateway, Canada will play a major role in one of the most ambitious projects ever undertaken, Trudeau said. The National Aeronautics and Space Administration NASA plans to build a new Lunar Gateway, a small space station in the moon's orbit around 2026. He said Canada will invest 2.05 billion Canadian dollars about 1.56 billion US dollars over 24 years, and the investment will create hundreds of well-paying jobs and contribute 100 million Canadian dollars about 76 million US dollars annually to Canada's gross domestic product. US ambassador to Canada Kelly Craft said in a statement that Trudeau's announcement marks the beginning of a new era of US-Canada space co-operation. The gateway is a moon outpost that will provide living space for astronauts, a docking station for visiting spacecraft, and laboratories for research. (news.financializer.com). As reported in the news.

investors analysts: In its press release, Dell DELL, 1.49% did not report its earnings per share or an outstanding share count to calculate its earnings, according to Market Watch. It pointed investors to a slideshow that became available during its conference call with analysts. On Thursday, the computer and storage company, which became a public company again at the end of December, reported a fiscal fourth-quarter GAAP loss that doubled, on revenue growth of 9%, to 23.8 billion. Investors and analysts who closely follow the company were not surprised by its complex financial statements, given the convoluted path it took to return to the public markets, a deal in which it bought back the tracking shares associated with its stake in VMware Inc. Another element playing a role was its mega-purchase of storage giant EMC in 2015. VMW, 3.72% called the Class V shares. (news.financializer.com). As reported in the news.

credit offences: Citizens placed on black lists for social credit offences were prevented from buying train tickets 5.5 million times, according to The Guardian. The report released last week said Once discredited, limited everywhere . The social credit system aims to incentivise trustworthy behaviour through penalties as well as rewards. According to the National Public Credit Information Centre, Chinese courts banned would-be travellers from buying flights 17.5 million times by the end of 2018. According to a government document about the system dating from 2014, the aim is to allow the trustworthy to roam everywhere under heaven while making it hard for the discredited to take a single step. More minor violations include using expired tickets, smoking on a train or not walking a dog on a leash. Social credit offences range from not paying individual taxes or fines to spreading false information and taking drugs. (news.financializer.com). As reported in the news.

excruciatingly: It is excruciatingly difficult to make this car for 35,000 and be financially sustainable, according to The Guardian. Musk has been striving to lower the price of Tesla's Model 3 in order to appeal to more consumers and generate the sales the Silicon Valley company needs to survive. He said This is the only way to achieve the savings for this car and be financially sustainable. To save money, Tesla will close many of its stores but leave some open as galleries or information centres in busy areas. The company has 378 stores and service locations worldwide. Musk declined to specify how many stores would be closed or how many employees would be laid off. (news.financializer.com). As reported in the news.

var: Click here to learn how. ; ; ; function document Init OneSignal var one Signal elements var function event event.prevent Default ; ; for var i 0; i i false ; if document.ready State 'complete' document Init OneSignal ; else function event document Init OneSignal ; ; body.custom-background background-image background-position left top; background-size cover; background-repeat no-repeat; background-attachment fixed; logo margin 0 0 0px; padding-top 10px; footer background-color fff; text-align center; footer .widget-area padding 0 0 0px; margin 0 0px; border-bottom 0px solid ececec; .widget h3.title, sidebar .tabberlive, articles .head title, h3.archive title, ul.dropdown li ul text-align center; padding-bottom 10px; padding-top 0px; border-top 0px; margin-bottom 0px; The Stock News Market News Stock News Legg Mason Asset Management Japan Has Lowered Its Position in Genuine Parts Co GPC by 465,300; As Apple AAPL Stock Price Declined, Nfc Investments Has Decreased Its Holding by 450,000Posted by Arturo Altman on March 1, 2019 at 8 22 pm adsbygoogle window.adsbygoogle .push ; Nfc Investments Llc decreased its stake in Apple Inc AAPL by 63.73% based on its latest 2018Q3 regulatory filing with the SEC. Nfc Investments Llc sold 2,000 shares as the company's stock declined 22.32% with the market, according to MSNBC. The hedge fund held 1,138 shares of the computer manufacturing company at the end of 2018Q3, valued at 257,000, down from 3,138 at the end of the previous reported quarter. OneSignal ; One Signal.push function scope '/' ; var one Signal options ; one Signal options; true; true; ; Join Wall Street's Brightest Minds. ; Receive research in your inbox from top analysts, before the market opens. Nfc Investments Llc who had been investing in Apple Inc for a number of months, seems to be less bullish one the 824.42B market cap company. About 18.06 million shares traded. The stock increased 0.98% or 1.69 during the last trading session, reaching 174.84. (news.financializer.com). As reported in the news.

mark murray: Mandel Ngan / AFP - Getty Images Breaking News Emails Get breaking news alerts and special reports, according to MSNBC. The news and stories that matter, delivered weekday mornings.SUBSCRIBEMarch 1, 2019, 1 33 PM GMTBy Chuck Todd, Mark Murray and Carrie DannWASHINGTON Democrats have a problem on their hands. House Speaker Nancy Pelosi walks off the stage after speaking at a weekly press conference in the US Capitol on Feb. 28, 2019. How do they reconcile their growing belief that President Trump has committed crimes especially after Michael Cohen's testimony on Wednesday with their hesitation/reluctance to consider impeachment Impeachment is the most serious thing you can do in American democracy. Joaquin Castro, D-Texas, told MSNBC's Kay Tur yesterday. So it's not ever something that you can take lightly, Rep. (news.financializer.com). As reported in the news.

neighbourhood preferences: Amanda Verschuere and Marcos Takigawa joined we Own.ca to find people to buy and share a Toronto home with them, according to The Toronto Star. Steve Russell / Toronto Star Users provide some personal details about neighbourhood preferences and requirements such as parking, outdoor and common space. The interactive site is designed to match would-be buyers willing to share the ownership cost of a Toronto-area home. They also enter some minimal financial information that remains private, but makes sure the parties are economically aligned. Amanda Verschuere and Marcos Takigawa signed on a couple of months. If the algorithm finds a match, the parties are contacted and given the option of working with a realtor. (news.financializer.com). As reported in the news.

spokesman role: But for now he will take on a more modest spokesman role, leaving questions of leadership to one side until the group constitutes itself as a political party at some point before the end of the year, according to The Independent. Luciana Berger, who has been touted as another possible leader, will become spokesperson for home affairs, health, digital and culture; while the former Conservative Heidi Allen will take a welfare, social care and business brief. The former Labour MP said TIG had no immediate plans to appoint a leader as it was not yet a political party, adding that all the members of our group have the right to be heard and a responsibility to provide leadership . Umunna had expressed his keenness to become leader last weekend, saying in a television interview that he hoped to play the biggest role in the breakaway group composed of eight Labour and three Tory MPs. Anna Soubry, a Conservative defector and former minister, will become Brexit spokeswoman, while Chris Leslie, a longtime ally of Umunna and a former shadow chancellor, will take the economic brief. Facebook Twitter Pinterest Anna Soubry, the former Tory MP, will become Brexit spokeswoman for the Independent Group. The positions were announced in alphabetical order. (news.financializer.com). As reported in the news.

investors: All spoke on Wednesday, according to Market Watch. Democratic and Republican politicians seem to live in two different universes. Robert Lighthizer and President Trump's former personal attorney, Michael Cohen. In contrast, most investors live in only one. At Powell's Humphrey-Hawkins hearing, U.S. Rep. Politicians use words, and words are free; investors have their own money at stake. (news.financializer.com). As reported in the news.

product data: On Thursday, the key market gauge fell 171.35 points. ; The Topix index of all first-section issues gained 8.06 points, or 0.50 percent, to end at 1,615.72, according to The Japan Times. It lost 12.76 points the previous day. The 225-issue Nikkei average rose 217.53 points, or 1.02 percent, to close at 21,602.69. Investors bought back shares as the dollar hit fresh two-month highs far above 111.50 following the release of stronger-than-expected U.S. gross domestic product data for October-December and the Chicago purchasing managers index for February, brokers said. A rise in U.S. Dow Jones industrial average futures in off-hours trading was also positive for Japanese stocks, according to the brokers. The office of the U.S. Trade Representative on Thursday meanwhile announced it would suspend an additional tariff hike scheduled for Chinese imports until further notice, helping to improve sentiment in the Tokyo market, the brokers said. (news.financializer.com). As reported in the news.

telecommunications equipment: The first decline since the second quarter of 2016 indicated that growth in the world's third-largest economy may be gearing down. ; Oil refiners, automakers and manufacturers of telecommunications equipment were among the poorest performers as exports to China slowed and labor and raw materials costs climbed, according to the Finance Ministry, according to The Japan Times. Still, companies continued to step up capital expenditure in order to boost capacity and productivity. Pretax profits fell 7.0 percent in the October-December period from a year earlier to total 19.48 trillion. Investment by all nonfinancial sectors for purposes such as building factories and adding equipment increased 5.7 percent from a year earlier to 12.05 trillion, up for the ninth straight quarter. Compared with the previous quarter, capital expenditure, seasonally adjusted and not including spending on software, rose 3.3 percent. Business investment has been a key driver of the economy, which is thought to be experiencing its longest expansionary phase since the end of World War II. It has been especially important as private consumption remains rather weak amid tepid wage gains. (news.financializer.com). As reported in the news.

yongbyon area: In exchange, Pyongyang would permanently and completely dismantle all the nuclear material production facilities in the Yongbyon area, including plutonium and uranium in the presence of US experts and by the joint work of technicians from both countries, according to Global Times China. But the US asked for further denuclearization actions. Ri said North Korea asked only to lift five of the 11 sanctions under United Nations Security Council resolutions that hamper the civilian economy and the livelihood of our North Korean people in particular. According to US media reports, Washington believes that North Korea has been running uranium enrichment facilities in other facilities than Yongbyon, and that there is at least one other site called Kangson. Washington and Pyongyang have both stuck to their guns. The US asked to close all those facilities before easing sanctions. (news.financializer.com). As reported in the news.

office: Huawei pleaded not guilty in a Seattle court Thursday morning to charges related to theft of intellectual property from American tech company T-Mobile, according to The Toronto Star. David Ramos / Getty Images Huawei chief financial officer Meng Wanzhou arrives at a parole office in Vancouver in December 2018. Company lawyers entered not guilty pleas to charges including theft of trade secrets, wire fraud and obstruction of justice, according to the U.S. Western District of Washington's online court records. The deadline for a decision on her extradition is expected March 1. A jury trial has been scheduled for March 2, 2020. DARRYL DYCK / The Canadian Press The case centres around allegations Huawei deliberately stole technology from American wireless company T-Mobile, which was developing a robot. (news.financializer.com). As reported in the news.

signature campaign: So it's not going to happen, according to The Toronto Star. Mayor John Tory's staff members are fond of pointing out that holding property tax increases to the rate of inflation was one of his signature campaign promises, Edward Keenan writes. This includes Mayor John Tory, whose staff are fond of pointing out that holding property tax increases to the rate of inflation was one of his signature campaign promises. Andrew Francis Wallace / Toronto Star file photo That didn't stop researchers at the Ryerson University Centre for Urban Land Research from tackling the question. In straight-up dollars paid, only five out of 29 municipalities in the GTA charge less than Toronto. They concluded that, by regional standards, Toronto has very low property taxes. (news.financializer.com). As reported in the news.

republicans: The Democrats' 2020 presidential hopefuls are latching onto an array of far-left ideas at a quickening pace months before the primaries even start -- stirring hope from Republicans that the eagerness to endorse proposals with limited appeal beyond the hardcore base could turn off voters in the general election and hand President Trump a second term, according to MSNBC. The trend started last year as potential 2020 hopefuls backed ideas like abolishing Immigration and Customs Enforcement ICE and Medicare-for-all. All market data delayed 20 1 day ago From reparations to Green New Deal, liberal litmus tests put 2020 Dems in risky territory By Adam Shaw Fox the 2020 election come down to capitalism vs. socialism Democratic candidates are challenged with walking a fine line between pleasing liberal primary voters and appealing to the larger population in a general election. But that was just the start. Kamala Harris, D-Calif., and Elizabeth Warren, D-Mass., as well as former San Antonio Mayor Julian Castro have come out in favor of reparations for black Americans. Candidates have lurched further left this year as they make their White House bids official, flirting with everything from slavery reparations to the destruction of existing border wall.PENCE, AT CPAC, 'THAT SYSTEM IS SOCIALISM'In recent weeks, Sens. (news.financializer.com). As reported in the news.

tories: Watson said of the settlement on Friday This is a scandalous, needless, reckless waste of public money caused by the Tories' gross failure in Brexit negotiations and their botched effort to prepare for the disastrous folly of a no deal which shouldn't even be on the table, according to The Guardian. The government reached the 33m agreement with Eurotunnel just hours before a four-day trial was due to start, threatening to heap more embarrassing revelations on Grayling. The deputy Labour leader, Tom Watson, said heads must roll after the latest chapter in the fiasco, in which the startup company Seaborne Freight was awarded a 14m contract to open a new UK-EU ferry route for emergency medical supplies in the event of a no-deal Brexit, even though it had no ships and no port contract. On Friday, Labour claimed that decisions made by Grayling in various government departments had cost the taxpayer 2.7bn, including 2bn on the cancellation of Virgin's East Coast rail franchise and 800,000 on consultants' fees to assess the viability of Seaborne. In any other sphere of life he would have been sacked long ago. The shadow transport secretary, Andy McDonald, said Grayling's conduct as a minister is one of serial failure and routine incompetence. (news.financializer.com). As reported in the news.