dChan
Anonymous ID: c2c89a May 13, 2019, 7:50 a.m. No.6487483   🗄️.is 🔗kun   >>7637 >>7938 >>8090 >>8131

Six Chinese entities banned from exporting sensitive U.S. goods

 

WASHINGTON (Reuters) - The U.S. Commerce Department said on Monday it banned six Chinese technology entities, one Pakistani firm and five based in the United Arab Emirates from exporting sensitive U.S. technologies and other goods.

 

In a statement, the Commerce Department said four of the Chinese firms, also with offices in Hong Kong, attempted to procure U.S.-origin commodities that would have supported Iran’s weapons of mass destruction and military programs in violation of U.S. export controls.

 

The Commerce Department said two other Chinese firms were added to the banned “Entities List” because they participated in the export of controlled technology, which was then supplied to organizations affiliated with the People’s Liberation Army.

 

The export bans come as the United States and China have escalated their trade war following difficult negotiations last week. The United States has increased tariffs on $200 billion worth of Chinese goods to 25 percent from 10 percent, while China has raised tariffs on a target list of $60 billion in U.S. imports

 

The banned Chinese entities are Avin Electronics Technology Co Ltd, based in Shenzhen; Longkui Qu of Linhai, Zhejiang province; Multi-Mart Electronics Technology Co of Nanhai, Guangdong province; Taizhou CBM-Future New Material Science and Technology Co Ltd of Linhai, Zhejiang province; Tenco Technology Co Ltd, Shenzhen; and Yutron Technology Co Ltd of Shenzhen.

 

Avin, Mult-Mart, Tenco and Yutron all have offices in Hong Kong, Commerce said.

 

“We are putting individuals, businesses, and organizations across the world on notice that they will be held accountable for supporting Iran’s WMD activities and other illicit schemes,” Commerce Secretary Wilbur Ross said in a statement. “Moreover, we cannot allow China’s civil-military integration strategy to undermine U.S. national security through prohibited technology transfer plots orchestrated by state actors.”

https://www.reuters.com/article/us-usa-trade-china-exports/six-chinese-entities-banned-from-exporting-sensitive-u-s-goods-idUSKCN1SJ1HP?il=0

Anonymous ID: c2c89a May 13, 2019, 8:25 a.m. No.6487673   🗄️.is 🔗kun   >>7938 >>8090 >>8131

Dow tumbles more than 600 points as U.S.-China tariff battle escalates

 

China editorial says country won’t ‘bow to any extreme pressure’

 

U.S. stocks fell sharply Monday morning as China moved to raise tariffs on U.S. goods and take other retaliatory measures after Washington last week increased duties on Chinese imports and both sides appeared to harden their positions.

How did the benchmark indexes fare?

looks likely to meet or exceed daily average volume today-of course on a down day.

 

The Dow Jones Industrial Average DJIA, -2.29% fell 600 points, or 2.32%, to 25,339, while the S&P 500 index SPX, -2.36% dropped 68 points, or 2.28%, to 2,815. The Nasdaq Composite Index COMP, -3.15% slid 224 points, or 3.14%, to 7,672.

These are correct as of 11:21am EST but not in the article

 

Read: Why the stock market is at the mercy of the U.S. consumer

What drove the market?

 

Trade tensions that drove volatility for stocks last week were rebooting Monday, as investors confronted the prospect that a U.S.-China tariff deal could take longer than anticipated, if a pact occurs at all. Talks in Washington ended Friday without an agreement.

Which stocks are in focus?

 

Shares of several companies perceived as sensitive to rising U.S.-China trade tensions were under pressure before the start of trade Monday, including Apple Inc. AAPL, -5.12% semiconductor firm Advanced Micro Devices Inc. AMD, -5.08% and Intel Corp. INTC, -1.98%

 

In addition to China concerns, investors were also paying attention to a U.S. Supreme Court ruling that said Apple customers can proceed with an antitrust lawsuit challenging the company’s exclusive control over the marketplace for iPhone apps.

 

Uber Inc. stock was still in the spotlight, after the ride-hailing firm made its debut on the New York Stock Exchange Friday. After pricing at $45 per share, Uber stock closed down 7.6% at 41.57. Shares remain under pressure Monday, down 9.7%.

 

Videogame publisher Take-Two Interactive Software Inc. TTWO, -3.08% and Tencent Holdings Ltd. TCEHY, -4.04% are both set to report earnings after the close on Monday.

What’s on the economic calendar?

 

At 11 a.m. Eastern Time, the Federal Reserve will release its survey of consumer expectations.

see here:

Federal Reserve Bank of New York releases its monthly Consumer Expectations survey data

https://www.newyorkfed.org/microeconomics/sce

 

Fed Vice Chairman Richard Clarida gave a speech Monday morning on the central bank’s ongoing review of its overall monetary policy strategy, saying “we expect to make our conclusions public in the first half of 2020.”

Yeaaaa because that is timely-thank's FRB.

 

Federal Reserve Bank of Boston President Eric Rosengren also gave a speech at the bank’s “Fed listens” conference Monday morning.

How are other assets trading?

10 year dropping yield dropping because equity's are not attractive- ya think?

Trade worries weighed on Asian markets, where the Shanghai Composite SHCOMP, -1.21% closed down 1.2% and other major indexes logged losses of 1% or more. Europe followed suit with the Stoxx Europe 600 SXXP, -1.12% down 1.2%.

 

The U.S. dollar DXY, -0.14% slid 0.2% relative to its peers, while gold GCM9, +0.92% rose 0.8%.

 

Oil prices CLM9, +0.83% were climbing after Saudi Arabia said two oil tankers were attacked near the Strait of Hormuz early Sunday.

https://www.marketwatch.com/story/dow-futures-drop-over-200-points-as-u-s-china-trade-talks-appear-stalled-2019-05-13

https://finance.yahoo.com/quote/%5EDJI?p=^DJI

https://www.marketwatch.com/investing/bond/tmubmusd10y?countrycode=bx

Anonymous ID: c2c89a May 13, 2019, 8:40 a.m. No.6487742   🗄️.is 🔗kun

>>6487573

>Do you think all these stock market drops are just disguised as "trade war fears" but are really just the Q team forcing bad actors to sell stock?

 

>>6487612

> Though you have tried many times, have you EVER been allowed to pick up an IPO?

many company's offer share's in IPO to friend's and family. It's not uncommon but not so common.

> If CEOs know the market is topping, wouldn't they stash gains?

It all can be re-claimed through the clawback provisions at SEC and DOJ. Bezos pulling his stunt with the divorce matter's not-it can be taken from her too if the result was different and he managed to transfer it to her.

Anonymous ID: c2c89a May 13, 2019, 9:11 a.m. No.6487944   🗄️.is 🔗kun   >>7957

Proctor and Gamble New filing

 

cap #1 is filed this morning, cap 2-3 are recent activity.

 

Procter & Gamble Company is one of the world's leaders in producing and selling consumer products. Net sales break down by family of products as follows:

 

  • care and hygiene products (38.8%): oral hygiene products (toothpastes, toothbrushes, mouthwashes, etc.; Crest, Oral-B, Scope brands, etc.), pharmaceutical products (Vicks and Prilosec), toilet training pants (Pampers), toilet papers (Charmin), paper towels (Bounty), feminine protection products (Always and Tampax), etc.;

 

  • home care and laundry products (32.1%): dishwashing liquids, detergents, stain removers, fabric softeners, deodorizers, bleaches, etc. (Ariel, Downy, Dash, Tide, Bonux, Mr Propre, Swiffer, Febreze, Ace, etc.);

 

  • beauty products (18.6%): hair care products (shampoos, colorings, and cream rinses; brands Pantene, Head & Shoulders, Herbal Essences, Wella and Koleston), body care (soaps, shower gels, deodorants, etc.; Camay, Zest, Secret, Old Spice), cosmetics (make-up and facial care; Max Facto, Covergirl and Olay), and perfumes (Hugo Boss, Lacoste, Escada);

 

  • shaving products (9.8%): blades, razors, batteries, etc. (Gillette, Mach3, Braun and Fusion brands);

https://www.marketscreener.com/PROCTER-GAMBLE-COMPANY-4838/company/

 

https://www.secform4.com/insider-trading/80424.htm

Anonymous ID: c2c89a May 13, 2019, 9:18 a.m. No.6487986   🗄️.is 🔗kun

>>6487949

>opportunities to yank the stops. Wash, rinse, repeat.

especially yanking the short chain.

managed to clean out a ton of retail with that over the last few week's by taking it up slowly and on low volume. Hardly blame them though(people who shorted-not like the fundamental's have supported this in any way), can't fight the fed-a lesson some refuse to learn.