Markets
Oil prices claw back losses, but oversupply still weighs
- April 26, 2017
Kuwaiti Minister of Oil Essam al-Marzooq said at the same event that he expected to see an extension of the agreement. "Given this, an OPEC decision to extend the oil cut agreement could lead to further strengthening of the U.S. Russian Federation agreed to cut its oil output by 300,000 barrels per day under the OPEC deal signed in Vienna. "There was a high level of commitment in the first three months, but despite that, we have not achieved the target" of reducing the supply glut, he said. (more...)
- April 26, 2017
Kuwaiti Minister of Oil Essam al-Marzooq said at the same event that he expected to see an extension of the agreement. "Given this, an OPEC decision to extend the oil cut agreement could lead to further strengthening of the U.S. Russian Federation agreed to cut its oil output by 300,000 barrels per day under the OPEC deal signed in Vienna. "There was a high level of commitment in the first three months, but despite that, we have not achieved the target" of reducing the supply glut, he said. (more...)
Netflix (NFLX) Reaches 98.75 Million Members
- April 26, 2017
Netflix has grown slower than it expected in the first three months of the year, but insisted that the opportunity for growth was "gigantic". Wedbush Securities analyst Michael Pachter shares that over the past ten years, "what really did it for Netflix was the explosion of phones and tablets that allowed people to watch video everywhere". (more...)
- April 26, 2017
Netflix has grown slower than it expected in the first three months of the year, but insisted that the opportunity for growth was "gigantic". Wedbush Securities analyst Michael Pachter shares that over the past ten years, "what really did it for Netflix was the explosion of phones and tablets that allowed people to watch video everywhere". (more...)
N Korea conducts live-fire drill as USA submarine docks in South
- April 26, 2017
South Korea has said China has discriminated against some South Korean companies in retaliation against the deployment. North Korea said on Wednesday leader Kim Jong Un had supervised the country's "largest-ever" live-fire drill to mark the 85th founding anniversary of its military, with more than 300 large-calibre, self-propelled artillery guns demonstrating their fire power at an event on its east coast. (more...)
- April 26, 2017
South Korea has said China has discriminated against some South Korean companies in retaliation against the deployment. North Korea said on Wednesday leader Kim Jong Un had supervised the country's "largest-ever" live-fire drill to mark the 85th founding anniversary of its military, with more than 300 large-calibre, self-propelled artillery guns demonstrating their fire power at an event on its east coast. (more...)
France's Le Pen steps down as party leader
- April 26, 2017
Gentiloni held a telephone conversation on Monday with Macron following his win in first round of the election, and both sides agreed to jointly work toward European prosperity, Sputnik reports quoting the Italian government press service. "I think her campaign was too laid-back". Le Pen owes everything to the electoral machine founded by her own father in 1972, yet she announced on France 2's flagship evening news programme that she was abandoning it. (more...)
- April 26, 2017
Gentiloni held a telephone conversation on Monday with Macron following his win in first round of the election, and both sides agreed to jointly work toward European prosperity, Sputnik reports quoting the Italian government press service. "I think her campaign was too laid-back". Le Pen owes everything to the electoral machine founded by her own father in 1972, yet she announced on France 2's flagship evening news programme that she was abandoning it. (more...)
Giant rabbit dies on flight to O'Hare
- April 26, 2017
Simon was on his way to the United States to be with a "celebrity owner", according to The Sun , though the new owner has not been named. Dr. David Dao was dragged off a United flight earlier this month as other passengers captured the violent scene on video. (more...)
- April 26, 2017
Simon was on his way to the United States to be with a "celebrity owner", according to The Sun , though the new owner has not been named. Dr. David Dao was dragged off a United flight earlier this month as other passengers captured the violent scene on video. (more...)
The problem with trading Trump's tax 'plan'
- April 26, 2017
Ryan's border-adjusted tax proposal - which would replace the 35 percent corporate income tax with a 20 percent tax on US companies' domestic sales and imports - would have provided some cushion in terms of revenue. Of course, big tax cuts can create big deficits unless other measures are taken to offset the revenue loss. "We need to make business taxes competitive", Mnuchin said. (more...)
- April 26, 2017
Ryan's border-adjusted tax proposal - which would replace the 35 percent corporate income tax with a 20 percent tax on US companies' domestic sales and imports - would have provided some cushion in terms of revenue. Of course, big tax cuts can create big deficits unless other measures are taken to offset the revenue loss. "We need to make business taxes competitive", Mnuchin said. (more...)
Judge blocks Trump threat to withhold 'sanctuary city' funds
- April 26, 2017
The ruling from U.S. District Judge William Orrick III in San Francisco said Trump's January 25 order targeted broad categories of federal funding for sanctuary governments and that plaintiffs challenging the order were likely to succeed in proving it unconstitutional. (more...)
- April 26, 2017
The ruling from U.S. District Judge William Orrick III in San Francisco said Trump's January 25 order targeted broad categories of federal funding for sanctuary governments and that plaintiffs challenging the order were likely to succeed in proving it unconstitutional. (more...)
Chelsea v Southampton: Cahill back
- April 26, 2017
Team-mate Cesc Fabregas said after the game that Hazard was second in ability only to Barcelona's Lionel Messi and can improve if he is more "selfish" and shows a greater "killer instinct". Never, never. I don't want this and I can't accept this. "For me, for the players, for the club". Chelsea boss Antonio Conte says that Southampton hitman Manolo Gabbiadini has a "fantastic left foot" and has warned the Blues to pay close attention to his countryman on Tuesday night. (more...)
- April 26, 2017
Team-mate Cesc Fabregas said after the game that Hazard was second in ability only to Barcelona's Lionel Messi and can improve if he is more "selfish" and shows a greater "killer instinct". Never, never. I don't want this and I can't accept this. "For me, for the players, for the club". Chelsea boss Antonio Conte says that Southampton hitman Manolo Gabbiadini has a "fantastic left foot" and has warned the Blues to pay close attention to his countryman on Tuesday night. (more...)
Minister to step down over gaffe
- April 26, 2017
Liberal Democratic party lawmaker Masayoshi Yoshino was appointed the new reconstruction minister. Japan's gaffe-prone disaster reconstruction minister resigned on Wednesday after remarking it was lucky the catastrophic 2011 earthquake-tsunami had hit a largely rural region rather than Tokyo. (more...)
- April 26, 2017
Liberal Democratic party lawmaker Masayoshi Yoshino was appointed the new reconstruction minister. Japan's gaffe-prone disaster reconstruction minister resigned on Wednesday after remarking it was lucky the catastrophic 2011 earthquake-tsunami had hit a largely rural region rather than Tokyo. (more...)
Markets Right Now: Solid earnings drive stocks higher
- April 26, 2017
The Dow Jones industrial average rose 1.1 percent to 20,996.12 - the highest level since March 6, and the fourth-highest close in the index's history. It lost $11.00, or 13.9 percent, to $68.28 after weaker-than-expected rental demand pushed it to report lower quarterly results than analysts had forecast. (more...)
- April 26, 2017
The Dow Jones industrial average rose 1.1 percent to 20,996.12 - the highest level since March 6, and the fourth-highest close in the index's history. It lost $11.00, or 13.9 percent, to $68.28 after weaker-than-expected rental demand pushed it to report lower quarterly results than analysts had forecast. (more...)
Saudi February crude oil exports drop to 21-month low
- April 26, 2017
USA gasoline stockpiles rose by 1.5 million barrels last week, defying market consensus of a 2-million decline, according to the weekly report released by the Energy Information Administration (EIA) Wednesday. "There's been a lot of attention paid to OPEC production cuts, while nearly nobody has focused on the gains elsewhere", Stephen Schork, president of Schork Group Inc., a consulting company in Villanova, Pennsylvania, said by phone. (more...)
- April 26, 2017
USA gasoline stockpiles rose by 1.5 million barrels last week, defying market consensus of a 2-million decline, according to the weekly report released by the Energy Information Administration (EIA) Wednesday. "There's been a lot of attention paid to OPEC production cuts, while nearly nobody has focused on the gains elsewhere", Stephen Schork, president of Schork Group Inc., a consulting company in Villanova, Pennsylvania, said by phone. (more...)
Saudi Arabia Says Top Producers Agree To Extend Cuts, But Oversupply Weighs
- April 26, 2017
USA crude futures fell below US$50 a barrel for the first time in two weeks, with volumes picking up in an active session that by late morning already showed more than 400,000 front-month contracts changing hands. Countries participating in the cuts have yet to reach a consensus on prolonging their agreement into the second half of the year, and an extension wouldn't necessarily be for an additional six months, he said. (more...)
- April 26, 2017
USA crude futures fell below US$50 a barrel for the first time in two weeks, with volumes picking up in an active session that by late morning already showed more than 400,000 front-month contracts changing hands. Countries participating in the cuts have yet to reach a consensus on prolonging their agreement into the second half of the year, and an extension wouldn't necessarily be for an additional six months, he said. (more...)
What happened before man was dragged from United flight
- April 26, 2017
The incident saw United's market value being wiped off to a tune of Dollars 255 Million. As others on the flight reported, Dao tells officers that he is a physician and has work the next day. Dr. David Dao's lawyers filed an emergency request with an IL state court on Wednesday which requires the carrier to preserve video recordings and other evidence related to Dao's rough treatment. (more...)
- April 26, 2017
The incident saw United's market value being wiped off to a tune of Dollars 255 Million. As others on the flight reported, Dao tells officers that he is a physician and has work the next day. Dr. David Dao's lawyers filed an emergency request with an IL state court on Wednesday which requires the carrier to preserve video recordings and other evidence related to Dao's rough treatment. (more...)
United Airlines: Will make customer satisfaction now a priority
- April 26, 2017
Munoz is able to more exclusively focus on his role as Chief Executive Officer", according to the filing. United, City Of Chicago Will Keep Evidence Related To Passenger Dragging: Lawyers for Dr. The prior employment agreement of Oscar Munoz with United Airlines has been revoked, when he, while covering his mistake, unjustly accused the customer of not off boarding the plane. (more...)
- April 26, 2017
Munoz is able to more exclusively focus on his role as Chief Executive Officer", according to the filing. United, City Of Chicago Will Keep Evidence Related To Passenger Dragging: Lawyers for Dr. The prior employment agreement of Oscar Munoz with United Airlines has been revoked, when he, while covering his mistake, unjustly accused the customer of not off boarding the plane. (more...)
Lawyer Representing David Dao Now Working With Woman in American Airlines Incident
- April 26, 2017
United also said that Munoz received $18.7 million U.S. in compensation last year, more than triple the previous year. While the initial bonus metrics for 2017 which are tied to financial and operating measures will still apply, bonuses for the year "will be more thoroughly linked to demonstrable progress toward improvements in the customer experience and the implementation of necessary cultural and process changes across United". (more...)
- April 26, 2017
United also said that Munoz received $18.7 million U.S. in compensation last year, more than triple the previous year. While the initial bonus metrics for 2017 which are tied to financial and operating measures will still apply, bonuses for the year "will be more thoroughly linked to demonstrable progress toward improvements in the customer experience and the implementation of necessary cultural and process changes across United". (more...)
International Monetary Fund lowers 2016-17 growth forecast for Egypt to 3.5 percent
- April 26, 2017
Projections are up 0.2 percent from earlier reports, which had growth at 1.5 percent. The IMF also revised downwards forecasts on employment in Romania, which could record a significant drop in 2017, up to 4.5 percent, compared to 6.2 percent as it forecasted previously. (more...)
- April 26, 2017
Projections are up 0.2 percent from earlier reports, which had growth at 1.5 percent. The IMF also revised downwards forecasts on employment in Romania, which could record a significant drop in 2017, up to 4.5 percent, compared to 6.2 percent as it forecasted previously. (more...)
Credit Suisse Group AG (CS) Receives Consensus Rating of "Hold" from Brokerages
- April 26, 2017
Under Armour has a 52-week low of $18.40 and a 52-week high of $47.94. ILLEGAL ACTIVITY NOTICE: "Under Armour's (UA) Underperform Rating Reaffirmed at Credit Suisse Group AG" was first posted by Markets Daily and is the property of of Markets Daily. (more...)
- April 26, 2017
Under Armour has a 52-week low of $18.40 and a 52-week high of $47.94. ILLEGAL ACTIVITY NOTICE: "Under Armour's (UA) Underperform Rating Reaffirmed at Credit Suisse Group AG" was first posted by Markets Daily and is the property of of Markets Daily. (more...)
Eric Bischoff Reveals How Vince McMahon Convinced Him To Join WWE
- April 26, 2017
Williams has been generating interest since a year ago, although studios were reluctant to commit as it had not received the blessing of WWE or Vince McMahon. Think there's an actor who could play Vince perfectly? Deadline says the movie will cover McMahon's "ascension in the wrestling business", but it doesn't offer a lot of specific details about what Pandemonium will be about. (more...)
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- April 26, 2017
Williams has been generating interest since a year ago, although studios were reluctant to commit as it had not received the blessing of WWE or Vince McMahon. Think there's an actor who could play Vince perfectly? Deadline says the movie will cover McMahon's "ascension in the wrestling business", but it doesn't offer a lot of specific details about what Pandemonium will be about. (more...)
Lawsuit filed against Fox alleges racial discrimination
- April 26, 2017
On his first night as the full-time replacement for Bill O'Reilly in the 8 p.m. slot on Fox News Channel, Tucker Carlson delivered a win for the channel Monday night. Slater within two weeks of this being brought to our attention", said Fox News in a statement at the time. Lawyers for Slater told the Times that the lawsuit was "meritless and frivolous" and that claims against her were "completely false". (more...)
- April 26, 2017
On his first night as the full-time replacement for Bill O'Reilly in the 8 p.m. slot on Fox News Channel, Tucker Carlson delivered a win for the channel Monday night. Slater within two weeks of this being brought to our attention", said Fox News in a statement at the time. Lawyers for Slater told the Times that the lawsuit was "meritless and frivolous" and that claims against her were "completely false". (more...)
Capital One Financial Corp. (COF) Shares Bought by Huntington National Bank
- April 26, 2017
Capital One Financial Corporation (COF ) has made its way to a 12-month gain of 13.44%. Illinois-based Blair William Company Il has invested 0.03% in Capital One Financial Corp. "(COF) to Release Quarterly Earnings on Tuesday" was originally published by Chaffey Breeze and is owned by of Chaffey Breeze. If you are viewing this report on another website, it was stolen and republished in violation of United States and global copyright laws. (more...)
- April 26, 2017
Capital One Financial Corporation (COF ) has made its way to a 12-month gain of 13.44%. Illinois-based Blair William Company Il has invested 0.03% in Capital One Financial Corp. "(COF) to Release Quarterly Earnings on Tuesday" was originally published by Chaffey Breeze and is owned by of Chaffey Breeze. If you are viewing this report on another website, it was stolen and republished in violation of United States and global copyright laws. (more...)
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Stocks drift, still headed to worst quarter since 2008