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07/29/16

Orlando Cops Mistake Krispy Kreme Glaze For Meth

WASHINGTON (dpa-AFX) - Daniel Rushing was arrested by Orlando police after they mistook flaky remains of Krispy Kreme doughnut glaze on the floor of his car as crystal meth. Rushing is now planning to sue the city for the arrest. "It was incredible," he said. "It feels scary when you haven't done anything wrong and get arrested. . It's just a terrible [...]
07/29/16

Treasuries Close Notably Higher Following Disappointing GDP Data

WASHINGTON (dpa-AFX) - After ending the previous session roughly flat, treasuries showed a strong upward move over the course of the trading day on Friday. Bond prices saw some further upside going into the close, ending the day firmly in positive territory. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, fell [...]
07/29/16

Crude Oil Steadies At $41, But Down 14% In July

WASHINGTON (dpa-AFX) - Crude oil futures steadied Friday, taking back a fraction of significant recent losses after slipping into bear market territory. With bargain hunters stepping in, Sept. WTI oil settled at $41.60/bbl on Nymex, up 46 cents, or 1.1%. Oil was down a whopping 14% in July, and has dropped 20% from its June highs. Analysts say global [...]
07/29/16

Dollar Losing Ground After Q2 GDP Disappoints

WASHINGTON (dpa-AFX) - The dollar is falling against all of its major competitors Friday afternoon, after the U.S. GDP report for the second quarter came in weaker than anticipated. The U.S. currency is turning in its weakest performance against the Japanese Yen, after the Bank of Japan announced further stimulus. Growth in U.S. economic activity in the [...]
07/29/16

Gold Jumps 2.8% In July, Rate Hike Nowhere In Sight

WASHINGTON (dpa-AFX) - Gold futures rallied Friday as disappointing U.S. economic news cemented expectations the Federal Reserve will not raise interest rates. Dec. gold settled at $1,357.50/oz, up $16.30, or 1.2 percent, for the session. Gold was up 2.8 percent for the month of July. U.S. Gross domestic product climbed by 1.2 percent in the second [...]
07/29/16

Computer Hardware Stocks Giving Back Ground After Recent Strength

WASHINGTON (dpa-AFX) - After moving sharply higher over the past few sessions, computer hardware stocks have given back some ground during trading on Friday. The NYSE Arca Computer Hardware Index has fallen by 2.2 percent after reaching an eight-month closing high in the previous session. Western Digital (WDC) has led the hardware sector lower after [...]
07/29/16

Boost Issuer PLC : Net Asset Value(s)

BOOST Issuer plc -Daily Fund Prices 28-July-16 Fund Dealing ISIN Code Shares in Base Net Assets NAV/Share Date Issue Currency Boost FTSE 100 3x 28/07/2016 IE00B88D2999 56093 GBP 8471930.704 151.0336531 Leverage Daily ETP Boost FTSE 100 3x 28/07/2016 IE00B7VB3908 253349 [...]
07/29/16

Soylent CEO Charged Over Ugly House

WASHINGTON (dpa-AFX) - Los Angeles City officials have filed criminal charges against Soylent CEO Robert Rhinehart for placing a bright red shipping container on Montecito Heights hillside as part of his "experiment in sustainable living." City Attorney Mike Feuer Friday announced that his office has filed multiple criminal counts against Rhinehart for [...]
07/29/16

Newell Brands Pulls Back Off Highs But Remains Firmly Positive

WASHINGTON (dpa-AFX) - Shares of Newell Brands (NWL) continue to turn in a strong performance in afternoon trading on Friday but have pulled back well off their highs. After reaching an eighteen-year intraday high, Newell Brands is currently up by 6 percent. The gain by Newell Brands comes after the household products maker reported better than expected [...]
07/29/16

Clinton, Trump Virtually Tied In Missouri In New Poll

WASHINGTON (dpa-AFX) - Missouri may be returning to its status as a national barometer for presidential elections, according to the results of a new St. Louis Post-Dispatch/Mason-Dixon Polling & Research poll. The poll found that the race between Democratic presidential nominee Hillary Clinton and Republican presidential nominee Donald Trump is virtually [...]
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