Tuesday, May 31, 2016

#USA - Boeing Shares are Lower on Delay of New Tankers to Miliary: TheStreet

Published on 31 May 2016
Boeing shares are falling Monday after the announcement late last week that the company will delay delivery of new KC-46 tankers to the U.S. military. Boeing was supposed to deliver 18 KC-46 tankers by August 2017, but now that won't happen until early 2018. Analysts say the announcement was a surprise since Boeing seemed confident about its ability to deliver just three weeks ago at its annual investor day. The $40 billion program is already more than $1 billion over budget, according to analysts at Canaccord Genuity, which have a hold rating on the stock.

http://www.4-traders.com/BOEING-CO-4816/
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#USA - Jazz Pharmaceuticals Says it Will Pay $1.5B For Celator: TheStreet

Published on 31 May 2016
Shares of the drug maker Celator Pharmaceuticals jumped more than 70 percent in Tuesday's trading session after Dublin-based Jazz Pharmaceuticals said it would acquire the company for $1.5 billion. Jazz

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#France - ready to host the Euro 2016? 10 million visitors expected : AFP news agency

Published on 30 May 2016
Up to 10 million visitors will descend on France in a few short days for the 2016 European Championship. But with transport strikes, nationwide protests and major security concerns,the pressure is on for the host country to get things right.
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#UK - Bacanora CEO: Lithium becoming an everyday commodity: ProactiveInvestors Stocktube

Published on 31 May 2016
Peter Secker, chief executive of Bacanora Minerals Ltd's (LON:BCN, CVE:BCN) says the market for lithium could double over the next decade, in tandem with the rise of renewable energy.

Lithium batteries store energy from renewable energy sources, such as solar and wind, and Secker says “lithium is becoming more and more an everyday commodity and significant consumption increases over the next decade are going to see demand growth from about 180,000 tonnes a year that it is currently to anywhere north of 350,000 tonnes a year.”

He adds that there is “very limited new supply coming into the market”.

Bacanora is currently developing the Sonora lithium deposit in Mexico with the feasibility study scheduled to be delivered in in the first quarter of 2017.

http://www.4-traders.com/BACANORA-MINERALS-LTD-17083775/ 

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#EU - Data puzzle for ECB policy meeting: Reuters

Published on 31 May 2016
Euro zone sentiment up, German retail sales down: a mixed bag of data has economists scratching their head over the European economy, and over what the ECB's Mario Draghi might do next. David Pollard reports.
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#Syria - Airstrikes in Kill Dozens: Wall Street Journal

Published on 31 May 2016
Rescue crews dug through rubble Tuesday in Syria’s Idlib, looking for survivors after more than 25 people died in overnight airstrikes that hit multiple targets. Photo: Reuters
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#UK - Charting indices: ranges dominate amidst event risk: IG UK

Published on 31 May 2016
31 May 2016: IG technical analyst Joshua Mahony charts FTSE 100, DAX. Josh notes indecision and hesitancy in the markets with a lot of event risk. He remains bullish on the FTSE, as long as we remain above 6237.
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#Ukraine - says it cannot repay Russia $3 billion debt: PressTV News Videos

Published on 31 May 2016
Ukraine and Russia are in a deadlock over the repayment of Kiev's three billion dollar debt to Moscow. Ukraine is refusing to repay a loan it received from Russia back in 2013. Keiv claims the money was taken under an illegal agreement.
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