Saudi Arabia may support Opec plan to extend output cuts

Hedge funds increased bets on higher West Texas Intermediate crude prices for the first time in six weeks, shrugging off rising US supplies, as the coming driving season is expected to help ease the glut, according to Bloomberg . "Or maybe the slugg... More..

by | Published more than a month ago
by | Saturday, April 22, 2017

Citi: Oil May Rally 20 Percent This Year on Supply Curbs

Crude inventories fell 1.03 million bbl to 532.3 million last week, the agency reported Wednesday. The dollar index, which tracks the greenback against six major peers, was up 0.23 percent at 99.731 in late t...More..

by | Saturday, April 22, 2017

Here's one thing United will do differently after the infamous dragging incident

Under a new policy, which is meant to avoid future public relations disasters like the one the world witnessed earlier this week, airline crews are required to check in at least an hour before a flight leav...More..

Greece Surpasses Creditor Target With Strong Budget Surplus
by | Saturday, April 22, 2017

Greece Surpasses Creditor Target With Strong Budget Surplus

Greece has beaten a key bailout target for its public finances, but will still face some painful choices as it tries to negotiate with creditors how much more budget austerity it should impose on its people in ...More..

ExxonMobil seeks U.S. gov't waiver to resume dealings with Russian firm
by | Saturday, April 22, 2017

ExxonMobil seeks U.S. gov't waiver to resume dealings with Russian firm

Russia's annexation of Crimea and its role in the conflict in eastern Ukraine, had led the U.S. and European Union to clamp economic sanctions on the country in 2014. Rosneft and Exxon made a deal back in 2011 ...More..

France's 11 presidential hopefuls stake out positions on TV
by | Saturday, April 22, 2017

France's 11 presidential hopefuls stake out positions on TV

Several candidates had been put under special protection, with conservative candidate Francois Fillon apparently a target of the two suspected terrorists. Yet he pointedly stopped sort of telegraphing whether...More..

by | Saturday, April 22, 2017

Back to the ballot box: United Kingdom lawmakers back June 8 election

The early election is the latest twist a turbulent year in British politics, which was plunged into turmoil when the country unexpectedly voted to leave the European Union last year. The call comes after Antoni...More..

by | Saturday, April 22, 2017

United CEO: No one will be fired over passenger dragging incident

Aninda Sadhukhan visited his shredder to dispose of his United MileagePlus Explorer card with Chase Bank on Monday night after he canceled the account. ABC News reports that United has reviewed and changed i...More..

US Calls North Korea's Failed Missile Test an Attempted Provocation
by | Saturday, April 22, 2017

US Calls North Korea's Failed Missile Test an Attempted Provocation

The news outlet suggested that the move might be linked to concerns over the threat of North Korea. US Secretary of State Rex Tillerson said the United States was looking at ways to pressure North Korea ...More..

by | Saturday, April 22, 2017

Saudi Arabia said to cut oil output to lowest since January

The group's leader, Saudi Arabia, was said to have produced 9.9 million bpd in March, more than 100,000 bpd below its monthly quota assigned under the production cut deal. "The oil bears were in retreat bec...More..

by | Saturday, April 22, 2017

Trump expresses support for French candidate Le Pen

Communist-backed Jean-Luc Melenchon said he would not cede to "panic" and would continue with his plans for the day. There's a lot riding on the French election. Gave said many of Macron's supporters would ...More..

by | Saturday, April 22, 2017

New Residential Investment Corp. (NRZ) Stock Technicals Hit Weakness

FBR & Co upped their target price on New Residential Investment Corp from $16.75 to $17.50 and gave the company an "outperform" rating in a report on Wednesday, February 22nd. NRZ has recorded a 50-day avera...More..

Japan says Pacific Rim pact offers best trade deals
by | Saturday, April 22, 2017

Japan says Pacific Rim pact offers best trade deals

But if Japan leads the way, that clause could be stripped out without "any problem", and Mexico and other members could evaluate the pros and cons of pushing forward with the TPP without the United States, Mr. ...More..

by | Saturday, April 22, 2017

HSBC Reiterated Barclays PLC (LON:BARC) As 'Buy'

About shares traded. Taylor Wimpey plc (LON:TW) has risen 31.27% since September 15, 2016 and is uptrending. It has underperformed by 22.19% the S&P500. The Firm sells and offers a range of fashion-related cont...More..

by | Saturday, April 22, 2017

Mariners 10, Marlins 5: Haniger and Seager lead balanced attack

There was a feel-good moment in the ninth inning when Marlins outfielder Ichiro Suzuki, a long-time Mariner, hit a home run in what might be his final at-bat at Safeco Field . Keuchel back in ace form for As...More..

by | Saturday, April 22, 2017

Jeremy Corbyn: 'we'll scrap rigged system helping the rich'

Angela Rayner, tipped as a future Labour leader, accused the Government of failing the British people as she vowed that her party would call time on austerity and "invest and rebuild" in the UK's future. Re...More..

Paris Attack to Have 'Big Effect' on Presidential Poll
by | Saturday, April 22, 2017

Paris Attack to Have 'Big Effect' on Presidential Poll

French police arrested three relatives of Cheurfi. Le Pen called on Hollande to restore border controls immediately and to expel or detain all those suspected of being Islamic radicals. "In times such as th...More..

by | Saturday, April 22, 2017

WTI oil futures struggle despite surprise draw in crude inventories

The government's Energy Information Administration (EIA) said on Tuesday U.S. 2018 crude output would rise to 9. 9 million bpd , from 9.22 million bpd this year. Opec was upbeat on the outlook for the market...More..

Nucor Corporation (NYSE:NUE) EPS Projections in Focus
by | Saturday, April 22, 2017

Nucor Corporation (NYSE:NUE) EPS Projections in Focus

A number of other equities research analysts have also recently commented on NUE. Tuttle Tactical Management LLC purchased a new stake in Nucor Corporation during the second quarter valued at $116,000. Invest...More..

by | Saturday, April 22, 2017

MOAB death total rises to 94

The dead included the brother of the late IS leader Hafiz Saeed, who was killed in a United States air strike past year, officials said . "Unlike similar news received in February about the death of another ...More..

by | Saturday, April 22, 2017

Ontario unveils new measures to cool housing market

An average house in the Greater Toronto Area is more than $1 million; countrywide, it's more than $500,000. A survey of TREB members published earlier this year, said that only 4.9 per cent of transactions ...More..

by | Saturday, April 22, 2017

In his own words: Text of Trump's latest complaints about Canadian trade

Scott Walker signed a joint letter to Trump asking him to address the trade policies. However, because the U.S. President refrained from providing much detail, it's unclear exactly what specific reforms will b...More..

Freeport-McMoRan Inc (FCX) Bonds Drop 2% During Trading
by | Saturday, April 22, 2017

Freeport-McMoRan Inc (FCX) Bonds Drop 2% During Trading

FBR Capital maintained the shares of FCX in report on Thursday, December 10 with "Mkt Perform" rating. The firm earned $4.38 billion during the quarter, compared to the consensus estimate of $4.34 billion. The ...More..

by | Saturday, April 22, 2017

Watch List Occidental Petroleum Corporation (NYSE:OXY), Synchrony Financial (NYSE:SYF)

The firm's market capitalization is $47.33 billion. Barclays Capital maintained the shares of PRTA in report on Thursday, August 4 with "Overweight" rating. Morgan Stanley downgraded the stock to "Equal-Weight"...More..

by | Saturday, April 22, 2017

Jenson Button to make one-off F1 return at Monaco

I'm only 35: "I've got plenty of time for that". "Perhaps if the races didn't clash - or do it at the end of his F1 career, but, obviously, McLaren have got this approach, which is perhaps different to ours...More..

ASML Holding NV (ADR) Q1 Earnings Beat, Q2 Forecast In-Line
by | Saturday, April 22, 2017

ASML Holding NV (ADR) Q1 Earnings Beat, Q2 Forecast In-Line

ABN Amro initiated coverage on shares of ASML Holding NV in a research report on Monday, January 30th. The firm earned $1.94 billion during the quarter, compared to the consensus estimate of $1.82 billion. The ...More..

Trump Congratulates Erdoğan on Referendum That Gave Him Vast New Powers
by | Saturday, April 22, 2017

Trump Congratulates Erdoğan on Referendum That Gave Him Vast New Powers

Turkey's main secularist opposition party is to present its appeal for the annulment of Sunday's referendum boosting the powers of President Recept Tayyip Erdogan to the High Electoral Board (YSK) today. The...More..

by | Saturday, April 22, 2017

Ontario sets tax on foreign buyers to cool Toronto housing market

Experts say measures introduced by the Ontario government to cool the red-hot housing market are likely to leave a lot of the buyers on the sidelines as they await to see the impact of the changes. The Ontario ...More..

Pence says United States will honour refugee deal with Australia
by | Saturday, April 22, 2017

Pence says United States will honour refugee deal with Australia

His message at each of those stops was to reassure political and business leaders that Trump's "America First" policy meant that the United States was open to foreign investment, and that his administration wan...More..

by | Saturday, April 22, 2017

Oil Markets React Stoically To Crude Inventory Draw

Energy Information Administration , a bit less than anticipated. United States crude inventories probably shrank by 1.7 million barrels last week, according to a Bloomberg survey before an EIA report Wednesd...More..

People will avoid flying United if rival offers same flight
by | Saturday, April 22, 2017

People will avoid flying United if rival offers same flight

An airline spokesperson told the New York Times that the policy change is part of a broader review aimed at ensuring that an incident like the one that occurred in Chicago "never happens again". Crew member...More..

by | Saturday, April 22, 2017

Oil spill reported on North Slope, volume unknown

Because there is no pipeline for natural gas from Prudhoe Bay, companies pump oil and inject gas back into the wells. The well had been shut since Friday and the response is continuing, BP spokeswoman Dawn Pati...More..

Can't pass an order on reclaiming Kohinoor: SC
by | Saturday, April 22, 2017

Can't pass an order on reclaiming Kohinoor: SC

Disposing of the petition, the bench also said that it was satisfied with the government's response that it was making efforts to get the diamond back. When the supreme court asked if the government was willing...More..

by | Saturday, April 22, 2017

UK parliament votes in favour of early national election

May reaffirmed a commitment on foreign aid spending - a pillar of predecessor David Cameron's attempts to soften the image of the Conservative party. Labour and the Liberal Democrats also supported the mo...More..

Verizon's profit sinks as it loses wireless subscribers
by | Saturday, April 22, 2017

Verizon's profit sinks as it loses wireless subscribers

Covington Capital Management now owns 262,289 shares of the cell phone carrier's stock worth $13,634,000 after buying an additional 4,766 shares in the last quarter. (VZ) in which Raymond James Downgrades Veri...More..