Oil slides, hits 6-month low on rising global production

The IEA expects USA crude production to grow by 780,000 barrels per day next year. A day after Opec complained that increased output in the United States was slowing efforts to rebalance supply and demand in the oil market, the IEA also suggested... More..

by | Published more than a month ago
by | Friday, June 16, 2017

Trump has 'no intention' of firing special counsel, spokeswoman says

Under current Justice Department regulations, firing Mueller would have to be done by deputy attorney general Rod Rosenstein , not the president— though those regulations could theoretically be set aside. "I t...More..

by | Friday, June 16, 2017

Global oil glut set to continue despite efforts to prop up price

The US, Brazil, Canada and other producers outside Opec will increase output next year by the most in four years, the IEA said in its first forecast for 2018. OPEC's own compliance with the cuts has been ques...More..

by | Friday, June 16, 2017

UFC stars excited about McGregor vs Mayweather fight

The long discussed, highly anticipated fight will be contested at 154 pounds, over 12 rounds, and it will go down at the T-Mobile Arena. "This is really an unprecedented event", said Stephen Espinoza, who...More..

Nike to slash 1400 jobs, cut sneaker styles in shakeup
by | Friday, June 16, 2017

Nike to slash 1400 jobs, cut sneaker styles in shakeup

Mastrapasqua Asset Management Inc decreased Nike Inc ( NKE ) stake by 5.17% reported in 2016Q4 SEC filing. Edgewood Management LLC now owns 11,431,983 shares of the footwear maker's stock worth $581,088,000 a...More..

India's wholesale prices rise 2.17 percent in May
by | Friday, June 16, 2017

India's wholesale prices rise 2.17 percent in May

The index for "Manufacturing of wearing apparel" declined by 0.4 per cent to 133.5 in May from 134.1 in April 2017 due to lower price of leather garments, including jackets and shirts. Eggs, meat and fish saw a...More..

Tesco reports strongest UK sales growth for seven years
by | Friday, June 16, 2017

Tesco reports strongest UK sales growth for seven years

Mr Lewis said: "In tough market conditions, we have stayed true to our commitment to helping customers, working closely with our supplier partners to keep prices low". Tesco will face shareholders on Friday ...More..

by | Friday, June 16, 2017

Putin suggests Russian soccer league has too many foreign players

Vladimir Putin isn't giving a direct answer when asked whether he will be Russia's President this time next year, saying only that the Russian people should decide who succeeds him. Putin dismissed recent Uni...More..

by | Friday, June 16, 2017

Astrazeneca PLC (AZN) Shares Bought by Bank of America Corp DE

The Firm is focused on discovery, development and commercialization of new medicines to manage care and outcomes for people with cancer. It has a 30.42 P/E ratio. Schroders plc (Schroders) is the parent compan...More..

by | Friday, June 16, 2017

Global shares fall on Fed rate hike, plunge in oil prices

The Fed's rate hike could also have a negative impact on exporters to emerging markets, as higher interest rates in the U.S. usually prompt global investors to move their funds from emerging markets, includ...More..

by | Friday, June 16, 2017

Reckitt Benckiser Group Plc's (RB) Buy Rating Reiterated at Citigroup Inc

Therefore 33% are positive. Centrica PLC had 204 analyst reports since July 24, 2015 according to SRatingsIntel. Liberum Capital reiterated a "sell" rating and set a GBX 360 ($4.65) target price on shares of Pe...More..

by | Friday, June 16, 2017

Momentum Stock in Focus: Halcon Resources (HK)

August 31 investment analysts at Roth Capital held the company rating at "Buy" but moved up the price target from $1.85 to $2.75. Johnson Rice raised shares of Halcon Resources Corporation from a "hold" ratin...More..

Fiat Chrysler recalling 297000 vehicles for inadvertent air bag deployments
by | Friday, June 16, 2017

Fiat Chrysler recalling 297000 vehicles for inadvertent air bag deployments

Apparently the minivan's airbag wiring can "chafe" against pieces of steering wheel trim, ultimately wearing through the plastic sleeve and causing a chain reaction of short-circuits that makes the bag a little...More..

Over 16 million American adults believe chocolate milk comes from brown cows
by | Friday, June 16, 2017

Over 16 million American adults believe chocolate milk comes from brown cows

Quick question: Where does chocolate milk come from? Perhaps those adults were children in the '80s when this commercial aired, and failed to remember its ending, especially since Hershey-branded chocolate mi...More..

by | Friday, June 16, 2017

Brokers Issue New Targets On Theravance Biopharma (TBPH)

Among 7 analysts covering Theravance Biopharma (NASDAQ: TBPH ), 6 have Buy rating, 1 Sell and 0 Hold. Therefore 75% are positive. 08/03/2016 - Theravance Biopharma was downgraded to "underperform" by anal...More..

by | Friday, June 16, 2017

Factors to Note Before Buying Banco Bradesco SA (BBD)

It is meant to chart the current and historical strength or weakness of a stock or market based on the closing prices of a recent trading period. Wetherby Asset Management Inc. The company also recently announc...More..

Social media posts shed light on James Hodgkinson
by | Friday, June 16, 2017

Social media posts shed light on James Hodgkinson

A senior US official named the gunman as James T. Hodgkinson from the St. Louis suburb of Belleville, Illinois . Former classmate Tom Calhoun said Hodgkinson liked sports and was on the wrestling team but ...More..

by | Friday, June 16, 2017

US Crude Stockpiles Dip, Gasoline Unexpectedly Builds

In its Monthly Oil Market Report (MOMR) for May, OPEC said its output rose by 336,000 barrels per day (bpd) in May to 32.14 million bpd as a result of increased production by Nigeria and Libya . "It'...More..

by | Friday, June 16, 2017

Saudi Arabia may be targeting USA inventories to prop up oil prices

If correct, that could keep a lid on oil and energy prices as a glut of supply grows despite the efforts of countries in the OPEC cartel and allies like Russian Federation to limit production. In their opin...More..

by | Friday, June 16, 2017

Cognizant Technology Solutions Corporation

The SI to Esperion Therapeutics Incorporated's float is 32.2%. About 566,716 shares traded. Apple Inc. (NASDAQ:AAPL) has risen 62.48% since June 15, 2016 and is uptrending. Following the completion of the sale,...More..

by | Friday, June 16, 2017

Trump 'investigated for obstruction of justice' in Russian Federation probe

The president , therefore, would have to direct Rosenstein to fire Mueller - or, somewhat more extravagantly, Trump could order the special-counsel regulations repealed and then fire Mueller himself. He decline...More..

by | Friday, June 16, 2017

House passes bill to undo Dodd-Frank financial rules

He said it was unlikely that changes to the CFPB would make it into any bill that would pass. The bill is not expected to receive sufficient support in the Senate in its current form since Democrats have ...More..

by | Friday, June 16, 2017

Wife: Man who shot congressman wanted to work on tax policy

That's when Bill Schaumleffel recalled hearing shots being fired outside his house, which stands about 500 feet behind Hodgkinson's home. (AP Photo/Cliff Owen). The wife of the man accused of shooting at Re...More..

by | Friday, June 16, 2017

Trump longtime pal says he may fire special counsel Robert Mueller

President Trump on Thursday criticized reports that he is now under investigation for obstruction of justice in connection with the firing of FBI Director James Comey , denouncing it as another "witch hun...More..

Sterling jumps as rate rise support grows at Bank of England
by | Friday, June 16, 2017

Sterling jumps as rate rise support grows at Bank of England

And so, the other members of the BOE's monetary policy committee voted to keep interest rates at a record low because they thought it was too early to tell if other areas of growth in the United Kingdom econ...More..

Oil Prices Gain as Saudi Arabia Cuts Ties with Qatar
by | Friday, June 16, 2017

Oil Prices Gain as Saudi Arabia Cuts Ties with Qatar

Traders said an ongoing fuel supply overhang was keeping prices under pressure despite a pledge led by the Organization of the Petroleum Exporting Countries ( OPEC ) to hold back nearly 1.8 million barrels per ...More..

Push for Liberal speaker
by | Friday, June 16, 2017

Push for Liberal speaker

The NDP's Mike Farnworth, who has served as Opposition house leader for years, said the NDP-Green alliance will provide stable government with or without a Liberal MLA in the Speaker's chair. De Jong added that...More..

Scalise's condition 'more difficult' than first thought, Trump says
by | Friday, June 16, 2017

Scalise's condition 'more difficult' than first thought, Trump says

He had surgery on Wednesday and blood transfusions, and will require additional surgeries, the hospital said. "He's in some trouble" Trump said , adding grimly: "He's going to be OK - we hope". Mr Trump spoke ...More..

Duke Realty Corporation (DRE) Shares Bought by Adelante Capital Management LLC
by | Friday, June 16, 2017

Duke Realty Corporation (DRE) Shares Bought by Adelante Capital Management LLC

It is positive, as 23 investors sold Agree Realty Corporation shares while 34 reduced holdings. The Brigade Capital Management Lp holds 340,000 shares with $10.59 million value, up from 100,000 last quarter. (N...More..

Otto Warmbier Suffered 'Extensive Loss Of Brain Tissue,' No Sign Of Botulism
by | Friday, June 16, 2017

Otto Warmbier Suffered 'Extensive Loss Of Brain Tissue,' No Sign Of Botulism

The university student, who had been on a tourist trip, was sentenced to 15 years hard labor, a punishment the United States decried as far out of proportion to his alleged crime, accusing the North of using hi...More..

Nikkei falls in choppy trade after weak U.S. data overshadows Fed hike
by | Friday, June 16, 2017

Nikkei falls in choppy trade after weak U.S. data overshadows Fed hike

The pan-European STOXX 600 index dropped 0.5 percent, led lower by the basic resources and oil and gas sectors, as the stronger dollar weighed on metals prices. Not helping are reports that US President Do...More..

by | Friday, June 16, 2017

Uber board weighs report on workplace culture

Ironically, Kalanick was telling the board that if he was suspended, Uber would be left with a management void, according to a report. Kalanick condemned the behavior and said he had been unaware of it. And...More..

by | Friday, June 16, 2017

Latest Stocks: Aviva plc (AV) Given "Buy" Rating at Deutsche Bank AG

About shares traded. Tertiary Minerals plc (LON:TYM) has 0.00% since June 9, 2016 and is. It has underperformed by 55.74% the S&P500. MyDx Inc (OTCMKTS:MYDX) has 0.00% since June 9, 2016 and is. Investors senti...More..

by | Friday, June 16, 2017

Investor Notebook: Watching Shares of Molina Healthcare Inc (MOH)

Following the transaction, the senior vice president now directly owns 115,163 shares in the company, valued at approximately $4,459,111.36. Return on assets, on the other hand, measures a company's ability t...More..

by | Friday, June 16, 2017

Deutsche Bank AG Reaffirms "Hold" Rating for The Sage Group plc (SGE)

Shore Capital maintained the shares of BOO in report on Tuesday, August 9 with "Buy" rating. The firm now has a neutral rating on the stock. Numis Securities has "Buy" rating and GBX 515 target. Adaptimmune The...More..