Markets


How Technical Charts Are Flashing For Whiting Petroleum (WLL), TimkenSteel (TMST) How Technical Charts Are Flashing For Whiting Petroleum (WLL), TimkenSteel (TMST)
- April 28, 2017

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Basically, a price target is an individual analyst's projection on the future price of a stock. Canaccord Genuity reiterated a "buy" rating and issued a $14.00 target price on shares of Whiting Petroleum Corp in a research report on Thursday, February 23rd. (more...)
Uber plans to carry out the first flying auto tests by 2020
- April 28, 2017

According to Uber, the Dallas-Fort Worth would be the first place in the US selected for rolling out the small aircraft shuttles that could be used to meet the increasing demand across the region. The company has also partnered with US electric vehicle charging station maker ChargePoint Inc. Ultimately, the concept is anchored on Uber's longstanding ride-sharing concept, which they are now hoping to move forward into the next stage of development by taking it to the skies. (more...)
Australia follows USA over India-leaning visa programme
- April 28, 2017

According to an estimate, some 95,000 foreign workers are employed in Australia under this visa program. "We are putting jobs first, we are putting Australians first", said Prime Minister Malcolm Turnbull. Turnbull's statement resonated the stance taken by the Trump administration in the USA to restict use of the H1-B visa programme, which allows firms to hire foreign workers in specialised occupations. (more...)
Oil In Limbo Below USD50, Inventories Eyed Oil In Limbo Below USD50, Inventories Eyed
- April 28, 2017

Brent crude, the worldwide benchmark for oil prices, was down 50 cents to US$51.60 per barrel at 1350 GMT. Oil prices rebounded from early losses on Wednesday after U.S. Five rigs were added in the most recent report , the lowest increase since February, and a possible sign that the boom in US shale could be slackening. (more...)
Uber makes it easier for riders to see their ratings Uber makes it easier for riders to see their ratings
- April 28, 2017

Previously, passengers could see their driver's rating - a five-star system displaying an aggregate of a driver's past ratings - but not their own rating. The logo of Uber is seen on an iPad, during a news conference to announce Uber resumes ride-hailing service, in Taipei, Taiwan April 13, 2017. Drivers told the company that their ratings were being affected by things they couldn't control on Pool rides, such as the frequency of pick-ups or the behavior of a fellow passenger. (more...)
Locals preparing for Easter with faith and family
- April 28, 2017

But it is Easter Sunday that is the biggest and most significant day of the Christian year. "Because of Christ's victory over death, we too will be resurrected and receive an imperishable inheritance reserved for us in heaven". Thursday, President Uhuru Kenyatta described Easter as "a time when Christians reflect on the lessons from the temptation, trial, suffering, death and resurrection of Christ ". (more...)
Australia to toughen up citizenship rules for new migrants
- April 28, 2017

The 457 visa, which allowed skilled foreign workers and their partners and children to live in Australia for up to four years if sponsored by an employer, was created to fill labour shortages in the Australian economy. Anyone who is already in Australia on a 457 Visa will not be affected by today's announcement, but it will make getting sponsored or becoming a resident much more unlikely to happen. (more...)
Door seems closed completely to Trump tax returns release
- April 28, 2017

On Wednesday, the president released an outline of a plan created to reduce taxes across the board and make filing your taxes easier. Mnuchin said he feels confident that the administration has Republicans in Congress on board with the proposal in place, saying "the good news is conceptually we all agree on the plan and we're committed to work out the details together". (more...)
Research Ratings: Energy Transfer Partners, L.P. (ETP), Applied Materials, Inc. (AMAT) Research Ratings: Energy Transfer Partners, L.P. (ETP), Applied Materials, Inc. (AMAT)
- April 28, 2017

Its down 0.04, from 1.22 in 2016Q3. The analysts offering Earnings Estimates for the company were believing that Energy Transfer Equity , L.P. ( ETE ) could bring EPS of $0.24/share. Glenmede Trust Na owns 31,677 shares. Royal Bancorporation Of Canada stated it has 0% of its portfolio in World Acceptance Corp. Brick Kyle holds 518 shares or 0.02% of its portfolio. (more...)
Gopal Rai likely to be AAP's new Delhi convenor Gopal Rai likely to be AAP's new Delhi convenor
- April 28, 2017

Another AAP MLA Nitin Tyagi said that in the meeting, it was discussed that MLAs should introspect on what went wrong in the MCD elections. While adressing the members of the party Kejriwal in a bid to keep to flock together urged the party members to not be influenced by the BJP who will "try break" the party. (more...)
MCD polls: Despite Kejriwal's claims, many in AAP reject EVM tampering theory
- April 28, 2017

The party had earlier lost assembly polls in Goa and Punjab and also suffered a defeat in the Rajouri Garden ( New Delhi ) bypoll. Delhi Minister and AAP leader Gopal Rai and party leader Ashutosh too said the results were in the BJP's favour because the Electronic Voting Machines ( EVMs ) were "bugged and programmed". (more...)
Deutsche Bank executive says some 4000 United Kingdom jobs could move Deutsche Bank executive says some 4000 United Kingdom jobs could move
- April 28, 2017

Its core capital ratio was 11.9 per cent at the end of the quarter, but when taking into account the capital increase which finished at the beginning of April, Deutsche's capital ratio hit 14.1 per cent. In its small asset management business, Deutsche reversed a trend of asset outflows it had seen for the past six quarters and posted net new money of 5 billion euros in the quarter. (more...)
May will win election, says Blair
- April 28, 2017

Welsh Lib Dem leader Mark Williams said it was the Liberal Democrats who have held the Tories to the fire on Brexit . "We have a clear plan for the Brexit negotiations, and every vote for Theresa May will strengthen her hand in those negotiations to get a good deal for the United Kingdom". (more...)
Canada threatens to play hardball with Trump over lumber tariffs
- April 28, 2017

On the issue of softwood lumber, the Prime Minister refuted the baseless alligations by the US Department of Commerce and the decision to impose unfair duties. Earlier, Natural Resources Minister Jim Carr said Canada was preparing aid for forestry companies and rural communities that will be impacted by the USA duties, while holding out hope for a negotiated settlement. (more...)
Payments from Russian Federation kept secret
- April 28, 2017

Flynn complied with the law", Chaffetz added , referring to whether Flynn received permission from the Pentagon or the State Department or that he disclosed the more than $45,000 he was paid for a speech he gave to RT-TV in Russian Federation. (more...)
Trump wants to slash taxes on businesses
- April 28, 2017

Mnuchin says that the "tax system is way too complicated and burdensome", and that that's what's driving companies to pursue inversions. "I appreciate the president's leadership and strong commitment to comprehensive tax reform", House Ways and Means Committee Chairman Kevin Brady said in a statement. (more...)
Treasury secretary says Trump 'has no intention' of releasing tax returns
- April 28, 2017

Mnuchin laid out the Trump administration's blueprint for tax cuts Wednesday, and like much of what the administration has done thus far, it was long on promises but short on detail and realism. "We're working on lots of details", Cohn said. The administration has yet to decide the incomes at which the new personal tax rates - 10 percent, 25 percent and 35 percent -would apply, meaning that some Americans might see their taxes increase if they get bumped into a higher bracket. (more...)
US Treasury Blocks ExxonMobil from Russian Federation US Treasury Blocks ExxonMobil from Russian Federation
- April 28, 2017

John McCain, R-Ariz., tweeted of Exxon's request, "Are they insane?" The decision comes just two days after it was reported that Exxon was seeking a waiver to resume a joint venture with Rosneft, a Russian state-owned oil company. The move is an unexpected one given Secretary of State Rex Tillerson's former chairmanship of Exxon and his recently friendly meetings with officials in the Russian government. (more...)
US timberland returns tick up, ahead of US-Canada trade spat
- April 28, 2017

Minister of Foreign Affairs Chrystia Freeland responds to a question during question period in the House of Commons on Parliament Hill in Ottawa on Thursday, April 13, 2017. "We're pretty far from that conversation at this point", she added. It would also hit USA agricultural exports hard. The internal discussion, first reported Wednesday morning by Politico , touched off a swift backlash from American business groups and members of Congress, rallying to try to quell the prospect before ... (more...)
The reality of flying cars may be right around the corner
- April 28, 2017

Indeed, the company expects that by 2023 it will have installed a fleet of taxis, which will take customers over the cities. Ride-sharing company Uber has set some very ambitious goals - it aims to set up a network of flying taxis in Dallas, Texas and in Dubai by 2020, according to Uber's chief product officer Jeff Holden, as reported by Reuters . (more...)

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