Sunday, October 16, 2016

Peculiar Volume Noted in Session for Coca-Cola FEMSA S.A.B de C.V. (NYSE:KOF) and other top stories.

  • Peculiar Volume Noted in Session for Coca-Cola FEMSA S.A.B de C.V. (NYSE:KOF)

    Peculiar Volume Noted in Session for Coca-Cola FEMSA S.A.B de C.V. (NYSE:KOF)
    Shares of Coca-Cola FEMSA S.A.B de C.V. (NYSE:KOF) are experiencing unusual volume during today’s trading.  While the stock price moved along with the volume change, shares are touching $80.16 at the time of writing.  The day’s total volume of 229095 this morning is in contrast from the three-month daily average of 77.71K.  When we divide the current volume by the three-month average volume, we get a relative volume of 2.95. The difference between yesterday’s closing price and today’s openi..
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  • Twitter Shares Plunge, as Suitors Appear to Lose Interest

    Twitter Shares Plunge, as Suitors Appear to Lose Interest
    Twitter Inc.’s shares plunged 12% on Monday as the odds of a sale appeared to dim further, shifting attention back to the social-media company’s troublesome pursuit of a strategy to jump-start user and revenue growth. The San Francisco company planned to field offers from suitors last week after Salesforce.com Inc., Walt Disney Co. and Alphabet Inc.’s Google expressed interest or weighed bids, people familiar with the matter have...
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  • Donald Trump wasn't the only one who made a bad bet on Atlantic City

    Donald Trump wasn't the only one who made a bad bet on Atlantic City
    In 1990, Donald Trump opened the largest and most lavish casino-hotel complex in Atlantic City. Unlike any other casino in America, the Trump Taj Mahal was expected to break every record in the books. But just several months later, it all fell apart. (Alice Li/The Washington Post) The closing on Monday morning of the Trump Taj Mahal, the last of four Atlantic City casinos that once bore Donald Trump’s name, is big news, mostly because of its namesake’s notoriety. But Trump isn’t not respo..
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  • Chicken giant Tyson Foods buys a stake in vegan start-up Beyond Meat

    Chicken giant Tyson Foods buys a stake in vegan start-up Beyond Meat
    Beyond Meat sells plant protein that “looks, feels, tastes and acts like chicken without the cluck,” as the product packaging reads. That was good enough for chicken giant Tyson Foods Inc., which acquired a 5% stake in the El Segundo-based vegan start-up Monday.For Beyond Meat, whose products are in 7,500 stores nationwide, the fresh capital would boost product development and distribution while still leaving it an independent, privately held company, according to the company’s founder and chie..
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  • Buffett Calls Trump's Bluff and Releases His Tax Data

    Buffett Calls Trump's Bluff and Releases His Tax Data
    Photo Warren E. Buffett, the chief of Berkshire Hathaway, said in a letter released on Monday, “I have paid federal income tax every year since 1944.” Credit Charlie Riedel/Associated Press Warren E. Buffett is not running for president. But on Monday, Mr. Buffett, the billionaire investor, volunteered more detailed information about his income taxes than Donald J. Trump, the Republican nominee, ever has.Mr. Buffett released the information after essentially being calle..
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  • Singapore shuts Falcon bank unit, fines DBS and UBS over 1MDB

    Singapore shuts Falcon bank unit, fines DBS and UBS over 1MDB
    SINGAPORE/ZURICH Singapore's central bank on Tuesday shut down a second Swiss bank in the city-state and fined banks DBS and UBS in its biggest crackdown on alleged money-laundering activities connected with Malaysian sovereign fund 1MDB. The Monetary Authority of Singapore (MAS) said in a statement it had ordered Zurich-based Falcon Private Bank's Singapore branch to cease operating because of "a persistent and severe lack of understanding" of Singapore's money-laundering controls. It also ac..
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  • US stocks jump as energy companies and Apple move higher

    US stocks jump as energy companies and Apple move higher
    NEW YORK (AP) — U.S. stocks are climbing in Monday morning trading as energy companies rise in tandem with the price of oil. Materials companies are also trading higher. Apple is rising after new reports of fires affecting Samsung's Galaxy Note 7 phone, which competes with Apple's iPhone. That's sending technology stocks higher. KEEPING SCORE: The Dow Jones industrial average jumped 142 points, or 0.8 percent, to 18,382 as of 10:05 a.m. Eastern time. The Standard & Poor's 50..
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  • BP Buries Plan to Dig in Great Australian Bight

    BP Buries Plan to Dig in Great Australian Bight
    BP PLC on Tuesday abandoned plans to drill deep water oil-exploration wells off the southern coast of Australia, saying the project’s finances don’t stack up against other opportunities world-wide. The decision comes after oil and gas regulators last month threw a wrench into its plan to explore for oil in the Great Australian Bight, a remote stretch of ocean that is home to whales, sea lions and other wildlife. The regulators...
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  • Duke Energy to sell Brazil unit to China Three Gorges for $1.2 bln - Quick Facts

    Duke Energy Corp. (DUK) announced Monday that it has reached an agreement to sell its holdings in Brazil to China Three Gorges Corp. or CTG for approximately $1.2 billion in cash and the assumption of debt. Closing is expected to occur in two to four months.Lynn Good, president, CEO and chairman of Duke Energy, said, "We are also moving through the process of negotiating a sale of our remaining assets in Central and South America with the expectation of an additional announcement to follow.'Th..
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  • OPEC Members Raising Production Make Overall Cuts Harder

    OPEC Members Raising Production Make Overall Cuts Harder
    LONDON—The latest threat to OPEC’s recent agreement to reduce oil output: Three of the cartel’s member countries aim to raise their production to levels equal to the planned cuts. Officials from Libya, Iran and Nigeria said last week that they’re aiming to pump additional volumes that could total 700,000 barrels of oil a day over August levels. The Organization of the Petroleum Exporting Countries’ agreed late last month to try to...
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Endangered Frog Population Now Rebounding In Yosemite Park .Jacksonville Journal: Community news in brief .
Microscope will seek biological samples on red planet .If LeBron James is healthy, the Cavaliers are going to the Finals again .

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