OPEC and other nations poised to extend output cuts

The upshot is that the price of oil - and derived products like fuel - is unlikely to increase much in coming months. His complaints should be familiar: the increase in non-OPEC production, particularly in US, has cost the group market share whil... More..

by | Published more than a month ago
by | Friday, May 26, 2017

OPEC extends oil cuts for nine months

Members of the 13-country organization, as well as a dozen non-members including Russian Federation, will likely abide by the output limits, according to Reuters. Had OPEC decided not to renew the production cu...More..

by | Friday, May 26, 2017

Freshii Inc (FRII) Receives "Outperform" Rating from Royal Bank of Canada

Gulf International Bank UK Ltd increased its position in Royal Bank of Canada by 2.0% in the first quarter. Numeric Investors LLC increased its position in Royal Bank of Canada by 31.6% in the fourth quarte...More..

Severn Trent buoyant in face of Labour's manifesto plans
by | Friday, May 26, 2017

Severn Trent buoyant in face of Labour's manifesto plans

Shares in the airline climbed 1.9% after RBC Capital Markets raised its rating on the company to "sector perform", arguing it was "increasingly probable EasyJet has reached its profit nadir". Recently stock mar...More..

by | Thursday, May 25, 2017

In Israel, Trump sees 'rare opportunity' to bring peace

Trump kept up his tough talk about Iran that began during his visit to Saudi Arabia over the weekend. Another addition to this list is from the U.S. first couple's visit to Israel . We can not stand a moment ...More..

Digging Up the Facts on Williams-Sonoma, Inc. (WSM)
by | Thursday, May 25, 2017

Digging Up the Facts on Williams-Sonoma, Inc. (WSM)

The company has mean EPS estimate of 0.82 reported by 25 number of analyst for the quarter ending May 24, 2017. Gordon Haskett started coverage on Williams-Sonoma in a research note on Tuesday, May 9th. The f...More..

by | Thursday, May 25, 2017

South Korean FM nominee calls for humanitarian aid to North

Is North Korean leader Kim Jong-un mentally stable? North Korea on Thursday accused South Korea of firing 450 machine gun rounds at a flock of birds earlier this week, dismissing as a fabrication Seoul's ...More..

by | Thursday, May 25, 2017

Different Views On GST's Impact On Housing Rates

Currently, sugar attracts specific central excise duty of Rs 71 per quintal plus a cess of Rs 124, which translates into ad valorem rate of more than 6 per cent. The rate of entertainment tax on cable TV and Di...More..

by | Thursday, May 25, 2017

EU, US agree to work on increasing trade cooperation - Commission

European Union leaders, some of whom will also meet Trump at a G7 summit in Sicily on Friday and Saturday, had wanted to convince Trump to confirm U.S. Trump met the European Union's top officials on Thursday ...More..

Abercrombie posts smaller-than-expected drop in same-store sales
by | Thursday, May 25, 2017

Abercrombie posts smaller-than-expected drop in same-store sales

Baird Financial Group Inc. boosted its position in shares of Abercrombie & Fitch Co.by 1,226.0% in the fourth quarter. Morgan Stanley boosted its position in Abercrombie & Fitch Co.by 37.2% in the third quarter...More..

by | Thursday, May 25, 2017

Pope risks joke about Trump's size

On May 23, Trump touched down in Italy during his first diplomatic trip as commander-in-chief. Accompanied by his wife, Melania , and daughter Ivanka , Mr Trump met the pontiff in the private library of the...More..

by | Thursday, May 25, 2017

Moody's downgrades Chinese credit rating for first time in 30 years

China's leaders have identified the containment of financial risks and asset bubbles as a top priority this year. In addition, authorities have moved cautiously to avoid knocking their economy growth, by ginger...More..

by | Thursday, May 25, 2017

No knowledge of collusion in Trump campaign: Former CIA chief

According to the White House statement, "This morning's hearings back up what we've been saying all along: that despite a year of investigation, there is still no evidence of any Russia-Trump campaign collusion...More..

China shrugs off downgrade, Asian markets gain on Fed indicators, oil surge
by | Thursday, May 25, 2017

China shrugs off downgrade, Asian markets gain on Fed indicators, oil surge

In minutes from their May meeting, "most" members of the Fed's monetary policy committee showed a willingness to hike interest rates again "soon" despite leaving them unchanged at a range of 0.75% to 1% at ...More..

Woman jumps from RV, 2 kids released before man shoots self
by | Thursday, May 25, 2017

Woman jumps from RV, 2 kids released before man shoots self

According to Arlington police spokesman, Christopher Cook, the woman also noted that there were children with her. The husband kept going with the children in the RV, eventually starting a chase with the Cadd...More..

by | Thursday, May 25, 2017

Stocks Buzz Calpine Corporation (NYSE:CPN), Schlumberger Limited. (NYSE:SLB)

About 435,147 shares traded or 113.64% up from the average. II-VI, Inc. (NASDAQ:IIVI) has risen 55.26% since May 24, 2016 and is uptrending. It has underperformed by 18.42% the S&P500. Therefore 55% are positiv...More..

So This is Why Dollar Tree (DLTR) Is So Strong
by | Thursday, May 25, 2017

So This is Why Dollar Tree (DLTR) Is So Strong

RBC Capital Markets maintained the shares of DLTR in report on Wednesday, November 25 with "Outperform" rating. Loop Capital reiterated a hold rating and set a $80.00 target price on shares of Dollar Tree in a ...More..

by | Thursday, May 25, 2017

Oil on longest rising streak in more than a month

Oil traders were surprised by the strong wording of the announcement, although it remained to be seen whether all countries participating in the deal would agree with the Saudi-Russian stance. Futures added as ...More..

Why Sears Holdings Shares Soared Today
by | Thursday, May 25, 2017

Why Sears Holdings Shares Soared Today

Vetr upgraded Sears Holdings Corp from a "strong sell" rating to a "sell" rating and set a $7.05 price objective on the stock in a research report on Thursday, May 18th. The acquisition was disclosed in a fi...More..

by | Thursday, May 25, 2017

Vereit Inc (VER) Shares Bought by Delta Lloyd NV

Independent Advisor Alliance's holdings in Vereit were worth $216,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 82.54% of the company's stock. In contrast to ...More..

Former CIA Director Says Russia 'Brazenly Interfered' In Election
by | Thursday, May 25, 2017

Former CIA Director Says Russia 'Brazenly Interfered' In Election

A day later, the committee issued two subpoenas against Flynn's businesses seeking records that could hopefully fill in the blanks as it continues to look into the Kremlin's collusion with the Trump administr...More..

by | Thursday, May 25, 2017

Gorgeous Ivanka Trump makes BIG impression on Saudi king during visit

Syndicated columnist Charles Krauthammer said Tuesday on "Special Report with Bret Baier" that President Trump may have taken a major step forward in the global fight against terrorism by helping lead a summ...More..

Lawsuit alleges GM cheated on diesel pickup truck emissions
by | Thursday, May 25, 2017

Lawsuit alleges GM cheated on diesel pickup truck emissions

The suit was filed with the District Court of the Eastern District of MI in Detroit . We reached out to GM for a comment on the lawsuit and we will update if we get an answer. GM is accused of using three ...More..

Senate Passes Historic Petroleum Industry Bill, PIB
by | Thursday, May 25, 2017

Senate Passes Historic Petroleum Industry Bill, PIB

Among other objectives, the Petroleum Bill seeks to introduce reforms that would engender transparency, while at the same time making the oil and gas sector more business-oriented and profit-driven. After a cla...More..

G-7 Echoes Watered-Down Trade Language as Mnuchin Holds Firm
by | Thursday, May 25, 2017

G-7 Echoes Watered-Down Trade Language as Mnuchin Holds Firm

Mnuchin briefed Aso on planned US tax measures, including a drastic corporate tax cut, announced last month by the administration of President Donald Trump . When asked if G7 ministers were concerned about the...More..

by | Thursday, May 25, 2017

Two Mayo senators support Leo Varadkar in FG leadership battle

Mr Varadkar has boost into a massive early lead in the race to succeed Enda Kenny but told reporters: "I'm not counting my chickens". "I have chose to implement that decision today", Kenny said in a statement...More..

by | Thursday, May 25, 2017

Oil prices rise in anticipation of extended OPEC-led production cut

This decision is being favoured by Algeria and Iraq as well as Russian Federation, but Kuwait and UAE pointed towards the need for further analysis. He said that because oil demand in the first quarter of...More..

by | Thursday, May 25, 2017

Trump urges Israelis and Palestinians: Make peace

Trump said . New reports talk about possible obstruction of justice by Donald Trump , there are twists and turns in the administration appointments, unexplained hirings and firings. Trump's visit to Saudi Ara...More..

Brazilian Supreme Court Justice Authorizes Investigation of President Temer
by | Thursday, May 25, 2017

Brazilian Supreme Court Justice Authorizes Investigation of President Temer

On Thursday, thousands of people demonstrated against Mr Temer in the capital Brasilia and in Rio de Janeiro. Brazil's political crisis deepened sharply on Thursday with corruption allegations that threatened t...More..

by | Thursday, May 25, 2017

Engine fire on United Airlines jet causes temporary closure at Newark Airport

Five passengers suffered minor injuries during the evacuation. United Airlines flight 1579, bound for San Francisco with 124 passengers and 7 crew members was taxiing on the runway, ready for take off. Greate...More..

Signet Jewelers Ltd. (SIG) Issues Quarterly Earnings Results
by | Thursday, May 25, 2017

Signet Jewelers Ltd. (SIG) Issues Quarterly Earnings Results

The company will use the proceeds of that sale to repay an ABS facility of $600 million and for share buybacks. Zacks Investment Research's earnings per share averages are an average based on a survey of rese...More..

Travel ban judges scrutinize Trump's Muslim statements
by | Thursday, May 25, 2017

Travel ban judges scrutinize Trump's Muslim statements

Federal appeals court judges on Monday grilled the government lawyer defending President Trump's temporary travel ban about whether it discriminated against Muslims exclusively based on their religion. But ...More..

by | Thursday, May 25, 2017

House intelligence committee to subpoena former Trump advisor Michael Flynn

The House Intelligence Committee is planning to subpoena Michael Flynn as a part of its investigation into Russian interference in last year's presidential election, Representative Adam Schiff said Wednes...More..

Brokerages Expect Ford Motor Company (F) to Announce $0.44 EPS
by | Thursday, May 25, 2017

Brokerages Expect Ford Motor Company (F) to Announce $0.44 EPS

Following the sale, the insider now owns 292,815 shares of the company's stock, valued at approximately $3,698,253.45. Tightening the gaze, stock performance for the last 5 trading days is 5.84%. 10/31/2016 - ...More..

Hero's welcome in Pyongyang for North's missile developers
by | Thursday, May 25, 2017

Hero's welcome in Pyongyang for North's missile developers

Yang Moo-Jin, a professor at Seoul's University of North Korean Studies (UNKS), told NK News . The meeting came after North Korea successfully test-fired a new intermediate-range ballistic missile on Sunda...More..