As a result of slowing demand and declining US auto sales coupled with growing inventory, Ford Motor is halting one of two plants that builds its top-selling F-150 pickup as it idles four factories this month amid slowing U.S. auto sales.
So many things are now known about the media establishment and the collusion it shares with the Clinton campaign. More things are being found out every day as Wikileaks provides proof of the public perception. The people were right, there is a conspiracy to keep them uninformed and misinformed.
The scandal-plagued Deutsche Bank agreed on Friday afternoon to pay $38 million to settle US litigation over allegations it illegally conspired with other banks to manipulated and fix silver prices at the expense of investors. A lawyer for the investors said the deal provides "substantial monetary compensation plus cooperation in the continued prosecution of this case against the non-settling defendants."
In 2013, the AP hid what it knew about the existence of secret discussions between the Obama administration and Iran concerning the latter country's possession and use of nuclear materials. The Obama administration asked a journalist at another outlet and the AP to keep quiet about what they knew — and they did.
"These distorted markets are increasingly hostage to unfathomable political risk...the real danger in finance is the not one that tends to be discussed: that banks will topple over (as they did in 2008). It is, rather, the threat that investors and investment groups will be wiped out by wild price swings from an unexpected political shock..."
The public, benefiting from vast and varying voluntary market arrangements without understanding them, can be lured by siren songs of something for nothing, because they don’t see how it undermines those irreplaceable arrangements which reliably serve them.
The price of 'real assets' (real estate, commodities, collectibles) relative to 'financial assets' (stocks & bonds) are at their lowest since 1926, and, as BofAML's Michael Hartnett suggests "buying humiliation and selling hubris" as investors are being forced to discount higher inflation and interest rates, as protectionism & redistribution themes are also aimed at boosting Main Street at the expense of Wall Street.
"Prior to CLINTON's tenure, being an agent on the Secretary of State's protective detail was seen as an honor and privilege reserved for senior agents. However, by the end of CLINTON's tenure, it was staffed largely with new agents because it was difficult to find senior agents willing to work for her. [Redacted] claimed to have had at least one conversation with Secret Service agents who experienced the same poor treatment."
How did IBM just beat consensus EPS? Simple: in Q3 IBM used a 12.5% effective tax rate, tied with the lowest it has used in the 21st century. Had IBM used the already depressed tax rate from Q3 2015 of 18.2%, it would have reported non-GAAP EPS of $3.09, missing consensus by 14 cents.
The Pentagon declined to say whether the USS Mason destroyer was targeted by multiple inbound missiles fired from Yemen on Saturday, as initially thought, saying a review was underway to determine what happened. "We are still assessing the situation. There are still some aspects to this that we are trying to clarify for ourselves given the threat."
There was some long overdue good news for Netflix longs, when moments ago NFLX reported that in Q3 revenue and EPS of $2.29 billion and $0.12 beat expectatations of $2.28 billion and $0.06 respectively. But the reason why the stock is surging 20% after hours is because the growth appears to be back as a result of a surge in Q3 streaming subscribers, which jumped by370K domestically and 3.2million internationally, far above the 300K and 2.0 million expected.