Markets
Wal-Mart Stores Inc (WMT) Rating Reiterated by KeyCorp
- May 10, 2017
First American Bank now owns 51,253 shares of the retailer's stock worth $3,694,000 after buying an additional 1,226 shares during the period. Fred Alger Management Inc. If you are viewing this piece on another website, it was copied illegally and reposted in violation of United States and worldwide copyright and trademark laws. (more...)
- May 10, 2017
First American Bank now owns 51,253 shares of the retailer's stock worth $3,694,000 after buying an additional 1,226 shares during the period. Fred Alger Management Inc. If you are viewing this piece on another website, it was copied illegally and reposted in violation of United States and worldwide copyright and trademark laws. (more...)
Chaos at Florida airport after Spirit flights canceled
- May 10, 2017
Cell phone video captured stranded Spirit passengers screaming, pushing and shoving Broward Sheriff's deputies who were trying to restrain the crowd and keep everything under control. In the latest incident of airline chaos, multiple videos were posted online showing altercations that had broken out between travelers and airline employees, with authorities doing their best to restore order. (more...)
- May 10, 2017
Cell phone video captured stranded Spirit passengers screaming, pushing and shoving Broward Sheriff's deputies who were trying to restrain the crowd and keep everything under control. In the latest incident of airline chaos, multiple videos were posted online showing altercations that had broken out between travelers and airline employees, with authorities doing their best to restore order. (more...)
Oil Prices Pinned Near Five-Month Low
- May 10, 2017
U.S. WTI crude CLc1 was up 23 cents, or 0.5 percent, at $46.11 a barrel. The EIA revised down its projection for average oil prices in 2017 to $52.60 a barrel for Brent and $50.68 for WTI. USA crude production has risen by over 10 per cent since mid-2016 to 9.3 million bpd, close to the output of top producers Russian Federation and Saudi Arabia. (more...)
- May 10, 2017
U.S. WTI crude CLc1 was up 23 cents, or 0.5 percent, at $46.11 a barrel. The EIA revised down its projection for average oil prices in 2017 to $52.60 a barrel for Brent and $50.68 for WTI. USA crude production has risen by over 10 per cent since mid-2016 to 9.3 million bpd, close to the output of top producers Russian Federation and Saudi Arabia. (more...)
Aussie Smith in delayed PGA Tour playoff
- May 10, 2017
Smith and Sweden's 33-year-old Blixt may sound an unlikely combination but they are good friends who both live in Jacksonville Beach, Florida and the trust between them is obvious. Smith was next to putt and he pulled it left of the hole leaving Blixt with about a five-footer for the win which he pushed right and the teams headed back to the 18th for the fourth playoff hole. (more...)
- May 10, 2017
Smith and Sweden's 33-year-old Blixt may sound an unlikely combination but they are good friends who both live in Jacksonville Beach, Florida and the trust between them is obvious. Smith was next to putt and he pulled it left of the hole leaving Blixt with about a five-footer for the win which he pushed right and the teams headed back to the 18th for the fourth playoff hole. (more...)
Oil steadies, but rattled by concern about OPEC's clout
- May 10, 2017
Although Brent futures recovered a little on Friday, rising 72 cents to $49.10 a barrel, that followed their worst month since December, with a drop of 12.5 per cent since mid-April pushing Brent futures back to where they were just before the deal. (more...)
- May 10, 2017
Although Brent futures recovered a little on Friday, rising 72 cents to $49.10 a barrel, that followed their worst month since December, with a drop of 12.5 per cent since mid-April pushing Brent futures back to where they were just before the deal. (more...)
Oil trades near five-month lows despite Saudi assurances on cuts
- May 10, 2017
EDT, to be followed by government data Wednesday at 10:30 a.m. EDT. Recent US gasoline demand, a closely-watched metric, is down by almost one-quarter of a million barrels per day from a year ago. Energy companies led losses among equities in Asia, with the MSCI AC Asia Pacific Energy sub-index dropping 1.3 percent. USA oil production is increasing and the drawdown on the U.S. (more...)
- May 10, 2017
EDT, to be followed by government data Wednesday at 10:30 a.m. EDT. Recent US gasoline demand, a closely-watched metric, is down by almost one-quarter of a million barrels per day from a year ago. Energy companies led losses among equities in Asia, with the MSCI AC Asia Pacific Energy sub-index dropping 1.3 percent. USA oil production is increasing and the drawdown on the U.S. (more...)
Oil output cuts likely to be extended, says Saudi energy minister
- May 10, 2017
Even though OPEC has stuck to its pledge to cut production, USA output has risen by more than 10 per cent since mid-2016 to 9.3 million barrels per day in 2017 and a forecast all-time high of 10.0 million barrels in 2018, boosted by the shale sector and close to the output of Russian Federation and Saudi Arabia. (more...)
- May 10, 2017
Even though OPEC has stuck to its pledge to cut production, USA output has risen by more than 10 per cent since mid-2016 to 9.3 million barrels per day in 2017 and a forecast all-time high of 10.0 million barrels in 2018, boosted by the shale sector and close to the output of Russian Federation and Saudi Arabia. (more...)
Suspect barricaded in home after DE officer killed
- May 10, 2017
Cpl. Ballard was 32 years old and leaves behind his wife and a 5-year-old daughter, officials said. Ballard tried to take cover behind a parked vehicle, but when he fell, Sealy allegedly fired several rounds at him, striking him. Stephen J. Ballard in a Wawa parking lot on Wednesday, after the trooper approached a vehicle containing the suspect and another man, who was arrested at the scene of the crime. (more...)
- May 10, 2017
Cpl. Ballard was 32 years old and leaves behind his wife and a 5-year-old daughter, officials said. Ballard tried to take cover behind a parked vehicle, but when he fell, Sealy allegedly fired several rounds at him, striking him. Stephen J. Ballard in a Wawa parking lot on Wednesday, after the trooper approached a vehicle containing the suspect and another man, who was arrested at the scene of the crime. (more...)
Warren Buffett criticises Wells Fargo, defends 3G at wide-ranging meeting
- May 10, 2017
U.S. President Donald Trump's plan to cut the corporate tax rate to 15 percent would be a tailwind for profitability at Warren Buffett's Berkshire Hathaway Inc (BRKa.N), but won't fundamentally change how its business units operate, Buffett said. (more...)
- May 10, 2017
U.S. President Donald Trump's plan to cut the corporate tax rate to 15 percent would be a tailwind for profitability at Warren Buffett's Berkshire Hathaway Inc (BRKa.N), but won't fundamentally change how its business units operate, Buffett said. (more...)
Oil rebounds, as OPEC talks up cutting supply into 2018
- May 10, 2017
Oil prices rose on Monday as talk of further supply cuts by major OPEC exporters outweighed the prospect of higher USA production as a drilling boom spreads across North America. The Organization of the Petroleum Exporting Countries and non-OPEC producers, such as Russian Federation, decided late past year on an output cut of 1.8 million barrels per day (bpd) to reduce global oil inventories. (more...)
- May 10, 2017
Oil prices rose on Monday as talk of further supply cuts by major OPEC exporters outweighed the prospect of higher USA production as a drilling boom spreads across North America. The Organization of the Petroleum Exporting Countries and non-OPEC producers, such as Russian Federation, decided late past year on an output cut of 1.8 million barrels per day (bpd) to reduce global oil inventories. (more...)
Key moments that led up to FBI Director Comey's firing
- May 10, 2017
It comes as Mr Comey is leading an investigation into whether members of President Trump's campaign colluded with Russian Federation to influence the 2016 election. March 8, 2017: During a cybersecurity conference at Boston College, Comey said he planned to serve his entire 10-year term, quipping, "You're stuck with me for another 6½ years". (more...)
- May 10, 2017
It comes as Mr Comey is leading an investigation into whether members of President Trump's campaign colluded with Russian Federation to influence the 2016 election. March 8, 2017: During a cybersecurity conference at Boston College, Comey said he planned to serve his entire 10-year term, quipping, "You're stuck with me for another 6½ years". (more...)
Federal Government Pumps Billions into Rail
- May 10, 2017
But Ms Palaszczuk and Treasurer Curtis Pitt were vague on whether the $5.4 billion Cross River Rail project would get funding in the Queensland budget, to be handed down next month. "Infrastructure investment in regional passenger transport in Victoria is an interesting announcement". Efficient freight paths for the entire Australian grains industry were crucial to support export growth and regional economies. (more...)
- May 10, 2017
But Ms Palaszczuk and Treasurer Curtis Pitt were vague on whether the $5.4 billion Cross River Rail project would get funding in the Queensland budget, to be handed down next month. "Infrastructure investment in regional passenger transport in Victoria is an interesting announcement". Efficient freight paths for the entire Australian grains industry were crucial to support export growth and regional economies. (more...)
Jakarta gov to appeal blasphemy prison sentence
- May 10, 2017
Jakarta Gov. Basuki " Ahok " Tjahaja Purnama says he will appeal a guilty verdict and two-year prison sentence for blasphemy. "What I said to the local people of Thousand Islands is that if you are fooled by racists and cowards using that verse in the Quran not to vote for me, then don't vote for me". (more...)
- May 10, 2017
Jakarta Gov. Basuki " Ahok " Tjahaja Purnama says he will appeal a guilty verdict and two-year prison sentence for blasphemy. "What I said to the local people of Thousand Islands is that if you are fooled by racists and cowards using that verse in the Quran not to vote for me, then don't vote for me". (more...)
Pyongyang alleges Central Intelligence Agency plot to kill Kim
- May 10, 2017
Kim during a public event using a delayed-action biochemical poison. Tension on the Korean peninsula has been high for weeks , driven by concern that North Korea might conduct its sixth nuclear test or test-launch another ballistic missile in defiance of United Nations Security Council resolutions. (more...)
- May 10, 2017
Kim during a public event using a delayed-action biochemical poison. Tension on the Korean peninsula has been high for weeks , driven by concern that North Korea might conduct its sixth nuclear test or test-launch another ballistic missile in defiance of United Nations Security Council resolutions. (more...)
Here's what Warren Buffett said about IITs and India
- May 10, 2017
Buffett told Berkshire Hathaway shareholders Saturday that the bank should have done more to correct the problem once it was discovered. Buffet also said that people should remain invested in strong businesses and that it was easier to invest in 1950 than today as there was less competition. (more...)
- May 10, 2017
Buffett told Berkshire Hathaway shareholders Saturday that the bank should have done more to correct the problem once it was discovered. Buffet also said that people should remain invested in strong businesses and that it was easier to invest in 1950 than today as there was less competition. (more...)
Apple To Invest $1B In US Manufacturing
- May 10, 2017
In an appearance on CNBC's " Mad Money with Jim Cramer ", Cook announced the fund and said Apple will reveal the first company it is investing in later this month. Apple has been under fire to move its manufacturing to the United States. I actually think comprehensive tax reform is so important to this economy. (more...)
- May 10, 2017
In an appearance on CNBC's " Mad Money with Jim Cramer ", Cook announced the fund and said Apple will reveal the first company it is investing in later this month. Apple has been under fire to move its manufacturing to the United States. I actually think comprehensive tax reform is so important to this economy. (more...)
ITV revenues fall 3% as advertising continues to shrink
- May 10, 2017
Fueling that drop was a 6% fall in broadcast and online revenue. Last year ITV said it was planning to ease away from a reliance on spot advertising and increase new revenue streams, and the success of its studios division, which makes shows such as Victoria, Love Island and I'm a Celebrity, suggests that is going as planned. (more...)
- May 10, 2017
Fueling that drop was a 6% fall in broadcast and online revenue. Last year ITV said it was planning to ease away from a reliance on spot advertising and increase new revenue streams, and the success of its studios division, which makes shows such as Victoria, Love Island and I'm a Celebrity, suggests that is going as planned. (more...)
Morses Club PLC (MCL) Stock Rating Reaffirmed by Shore Capital
- May 10, 2017
Shares of CBOE Holdings, Inc (NASDAQ:CBOE) traded up 0.01% on Friday, reaching $82.41. (NYSEMKT:GSB) has risen 13.80% since September 30, 2016 and is uptrending. Regent Investment Management Limited Liability holds 4,345 shares. Ny State Common Retirement Fund reported 664,726 shares stake. Pnc Fin Service Gp Inc Inc has 7,377 shares for 0% of their portfolio. (more...)
- May 10, 2017
Shares of CBOE Holdings, Inc (NASDAQ:CBOE) traded up 0.01% on Friday, reaching $82.41. (NYSEMKT:GSB) has risen 13.80% since September 30, 2016 and is uptrending. Regent Investment Management Limited Liability holds 4,345 shares. Ny State Common Retirement Fund reported 664,726 shares stake. Pnc Fin Service Gp Inc Inc has 7,377 shares for 0% of their portfolio. (more...)
European Union summit leaders unanimously agree negotiating stance
- May 10, 2017
But before discussing the future, we have to sort out our past. "After the election, we'll see how much was campaign rhetoric and how much genuine thinking in London". "We are talking about four and a half million people: Europeans residing in the United Kingdom , and Britons living on the continent", he said. Tusk said the sustained unity of the 27 will help May since she will have political certainty throughout the talks. (more...)
- May 10, 2017
But before discussing the future, we have to sort out our past. "After the election, we'll see how much was campaign rhetoric and how much genuine thinking in London". "We are talking about four and a half million people: Europeans residing in the United Kingdom , and Britons living on the continent", he said. Tusk said the sustained unity of the 27 will help May since she will have political certainty throughout the talks. (more...)
Standard Life announces 800 job cuts in Aberdeen merger
- May 10, 2017
The firms have also announced the merger is expected to result in a "phased reduction" of around 800 jobs over the three year integration period, out of a total headcount of approximately 9,000. Keith Skeoch , chief executive of Standard Life, said: "We continue to benefit from diversifying our sources of assets, and this strategy will be further enhanced by our proposed merger with Aberdeen". (more...)
- May 10, 2017
The firms have also announced the merger is expected to result in a "phased reduction" of around 800 jobs over the three year integration period, out of a total headcount of approximately 9,000. Keith Skeoch , chief executive of Standard Life, said: "We continue to benefit from diversifying our sources of assets, and this strategy will be further enhanced by our proposed merger with Aberdeen". (more...)
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Oil rises over 1% on U.S. crude stockpile draw, manufacturing activity