Markets
Despite Week Decrease, Mortgage Applications Up From Last Year
- June 03, 2017
If similar results are seen in tomorrow's employment report from the Bureau of Labor Statistics, it may be enough to cause mortgage rates to sneak higher. 15 year refi fixed rate mortgages are available starting at 3.125% at the bank today carrying an April of 3.271%. Standard 30 year refinance fixed rate loans at PHH have been offered at 3.50% carrying an April of 3.723%. (more...)
- June 03, 2017
If similar results are seen in tomorrow's employment report from the Bureau of Labor Statistics, it may be enough to cause mortgage rates to sneak higher. 15 year refi fixed rate mortgages are available starting at 3.125% at the bank today carrying an April of 3.271%. Standard 30 year refinance fixed rate loans at PHH have been offered at 3.50% carrying an April of 3.723%. (more...)
Vodafone Grp Plc Ads (NASDAQ:VOD) Where Headed Next?
- June 03, 2017
Fjarde Ap holds 0.03% of its portfolio in Gap Inc (NYSE:GPS) for 52,674 shares. It has 3.99B of outstanding shares and its shares float measured at 680.79M. Numis Securities maintained Debenhams Plc (LON:DEB) on Monday , January 16 with "Hold" rating. The stock of Gentherm Inc (NASDAQ:THRM) earned "Hold" rating by Argus Research on Friday, September 23. (more...)
- June 03, 2017
Fjarde Ap holds 0.03% of its portfolio in Gap Inc (NYSE:GPS) for 52,674 shares. It has 3.99B of outstanding shares and its shares float measured at 680.79M. Numis Securities maintained Debenhams Plc (LON:DEB) on Monday , January 16 with "Hold" rating. The stock of Gentherm Inc (NASDAQ:THRM) earned "Hold" rating by Argus Research on Friday, September 23. (more...)
Crude oil prices plunge sharply on Thursday
- June 03, 2017
Oil prices edged up on Friday but markets remained on the back foot after tumbling in the previous session when OPEC and allied producers extended output cuts but disappointed investors betting on longer or larger curbs. The global benchmark crude traded at a premium of $2.68 to WTI. "When you put everything together, the fact is OPEC's taking a million and a half a day out of supply from the market since November". (more...)
- June 03, 2017
Oil prices edged up on Friday but markets remained on the back foot after tumbling in the previous session when OPEC and allied producers extended output cuts but disappointed investors betting on longer or larger curbs. The global benchmark crude traded at a premium of $2.68 to WTI. "When you put everything together, the fact is OPEC's taking a million and a half a day out of supply from the market since November". (more...)
Americans Increasingly Think Their Health Care Will Get Worse
- June 03, 2017
Enactment of the American Health Care Act could result in up to 51 million Americans uninsured, according to the CBO. There are large partisan divisions on these questions, with far more Republicans holding favorable views of the replacement plan (67%) than of the ACA (12%). (more...)
- June 03, 2017
Enactment of the American Health Care Act could result in up to 51 million Americans uninsured, according to the CBO. There are large partisan divisions on these questions, with far more Republicans holding favorable views of the replacement plan (67%) than of the ACA (12%). (more...)
John Gosden prepares Cracksman for Epsom Derby
- June 03, 2017
Ryan Moore said the BHA decision was correct, stating in his Betfair column that "It is not quite like turning up at the start of the Formula One race driving a tractor, but it isn't far off". Many have tried but few have succeeded in breeding an Epsom Derby victor, so victory today for Best Solution would be a major step forward for the County Down stud operation. (more...)
- June 03, 2017
Ryan Moore said the BHA decision was correct, stating in his Betfair column that "It is not quite like turning up at the start of the Formula One race driving a tractor, but it isn't far off". Many have tried but few have succeeded in breeding an Epsom Derby victor, so victory today for Best Solution would be a major step forward for the County Down stud operation. (more...)
British Airways restores full Heathrow and Gatwick schedule
- June 03, 2017
Alex Macheras, an aviation consultant, said that it seemed ridiculous that a power issue could affect the airline this deeply. THE problems of BA flight cancellations continue with Ryanair lampooning them and some staff calling for the resignation of their Spanish Chief Executive . (more...)
- June 03, 2017
Alex Macheras, an aviation consultant, said that it seemed ridiculous that a power issue could affect the airline this deeply. THE problems of BA flight cancellations continue with Ryanair lampooning them and some staff calling for the resignation of their Spanish Chief Executive . (more...)
Mulvaney Slams Democratic 'Demagoguery' About White House Budget
- June 03, 2017
Add the AHCA's $ 880 billion cut to the budget's $ 610 billion in savings, and you've got the $1.4 trillion number that's being thrown around. The plan, Trump's first as president, combines $4.1 trillion for the upcoming 2018 fiscal year with a promise to bring the budget back into balance in 10 years, relying on aggressive spending cuts, and a surge in economic growth. (more...)
- June 03, 2017
Add the AHCA's $ 880 billion cut to the budget's $ 610 billion in savings, and you've got the $1.4 trillion number that's being thrown around. The plan, Trump's first as president, combines $4.1 trillion for the upcoming 2018 fiscal year with a promise to bring the budget back into balance in 10 years, relying on aggressive spending cuts, and a surge in economic growth. (more...)
From landslide to upset defeat - scenarios for May's United Kingdom election
- June 03, 2017
If YouGov's polling result materializes, Conservatives would win 310 seats, compared with 330, while Labors would gained +28 seats to 229. In our opinion, it would be a disappointment to the market if Conservatives' seats shrink from 2015 or a Conservatives' majority is less than 50 seats, compared with expectation of over 100 seats shortly after the snap election was announced. (more...)
- June 03, 2017
If YouGov's polling result materializes, Conservatives would win 310 seats, compared with 330, while Labors would gained +28 seats to 229. In our opinion, it would be a disappointment to the market if Conservatives' seats shrink from 2015 or a Conservatives' majority is less than 50 seats, compared with expectation of over 100 seats shortly after the snap election was announced. (more...)
Trump's relationship with Merkel 'fairly unbelievable,' Spicer says
- June 03, 2017
She said following the election of the U.S President Donald Trump and Brexit, Europeans "really have to take destiny into their own hands". "We have a MASSIVE trade deficit with Germany, plus they pay FAR LESS than they should on North Atlantic Treaty Organisation & military", Trump wrote on Twitter. (more...)
- June 03, 2017
She said following the election of the U.S President Donald Trump and Brexit, Europeans "really have to take destiny into their own hands". "We have a MASSIVE trade deficit with Germany, plus they pay FAR LESS than they should on North Atlantic Treaty Organisation & military", Trump wrote on Twitter. (more...)
Helen Zille suspended; refuses to apologise for comments
- June 03, 2017
There is no question that Ms Zille's original tweets and subsequent justifications have damaged our standing in the public mind. Last month, the South African Human Rights Commission initiated an investigation into the saga and provincial commissioner André Gaum said the probe was in response to several complaints from across the country. (more...)
- June 03, 2017
There is no question that Ms Zille's original tweets and subsequent justifications have damaged our standing in the public mind. Last month, the South African Human Rights Commission initiated an investigation into the saga and provincial commissioner André Gaum said the probe was in response to several complaints from across the country. (more...)
Oil price plunges 4%% as OPEC agrees to extend production cuts
- June 03, 2017
Despite the output cut, OPEC kept exports fairly stable in the first half of 2017 as its members sold oil from stocks. OPEC and non-OPEC delegates said joint cuts with non-OPEC were agreed at around 1.8 million bpd, which would see non-OPEC producers again contributing a reduction of under 600,000 bpd. (more...)
- June 03, 2017
Despite the output cut, OPEC kept exports fairly stable in the first half of 2017 as its members sold oil from stocks. OPEC and non-OPEC delegates said joint cuts with non-OPEC were agreed at around 1.8 million bpd, which would see non-OPEC producers again contributing a reduction of under 600,000 bpd. (more...)
Oil Spill!!! Crude Prices Tumble
- June 03, 2017
With domestic production rising and OPEC reducing sales to Asia, the US has taken advantage of shifting market conditions by shipping more crude to customers overseas. The March production figure is about 0.5 percent lower than the department's earlier estimate of 9.15 million barrels a day for the same month, a sign that USA output could come in lower than the agency has forecast this year. (more...)
- June 03, 2017
With domestic production rising and OPEC reducing sales to Asia, the US has taken advantage of shifting market conditions by shipping more crude to customers overseas. The March production figure is about 0.5 percent lower than the department's earlier estimate of 9.15 million barrels a day for the same month, a sign that USA output could come in lower than the agency has forecast this year. (more...)
UnitedHealth Group (NYSE:UNH) Can't Be More Risky. Short Interest Increased
- June 03, 2017
As per Thursday, February 4, the company rating was maintained by Deutsche Bank. Barclays Capital has "Equal-Weight" rating and $372 target. The firm earned "Overweight" rating on Wednesday, January 4 by Piper Jaffray. Cantor Fitzgerald raised its rating on UnitedHealth Group Incorporated to Buy on 07/12/2016 in a reversal from its prior Hold rating. Volume on the day was 1.58 million shares. (more...)
- June 03, 2017
As per Thursday, February 4, the company rating was maintained by Deutsche Bank. Barclays Capital has "Equal-Weight" rating and $372 target. The firm earned "Overweight" rating on Wednesday, January 4 by Piper Jaffray. Cantor Fitzgerald raised its rating on UnitedHealth Group Incorporated to Buy on 07/12/2016 in a reversal from its prior Hold rating. Volume on the day was 1.58 million shares. (more...)
China vows to stick to climate deal before Trump announcement
- June 03, 2017
As the dispute threatened to spin out of control, Merkel and other senior German politicians stressed the importance of Germany's Atlantic ties, with Foreign Minister Sigmar Gabriel suggesting the spat was just a rough patch. "She is using the Trump moment to articulate a more pro-European policy", one German official said. Merkel, who is campaigning for a fourth term in September elections, stuck to her message at her party bloc's weekly parliamentary caucus meeting. (more...)
- June 03, 2017
As the dispute threatened to spin out of control, Merkel and other senior German politicians stressed the importance of Germany's Atlantic ties, with Foreign Minister Sigmar Gabriel suggesting the spat was just a rough patch. "She is using the Trump moment to articulate a more pro-European policy", one German official said. Merkel, who is campaigning for a fourth term in September elections, stuck to her message at her party bloc's weekly parliamentary caucus meeting. (more...)
Shareholder Allianz Asset Management Ag Has Boosted Union Pac Corp (UNP) Holding
- June 03, 2017
It has outperformed by 14.75% the S&P500. Psagot Investment House Ltd decreased Ishares Msci (EWP) stake by 39,842 shares to 659,125 valued at $17.47M in 2016Q4. UNP's profit will be $1.08B for 20.64 P/E if the $1.34 EPS becomes a reality. The institutional investor held 2.74M shares of the railroads company at the end of 2016Q4, valued at $283.60M, up from 2.27M at the end of the previous reported quarter. (more...)
- June 03, 2017
It has outperformed by 14.75% the S&P500. Psagot Investment House Ltd decreased Ishares Msci (EWP) stake by 39,842 shares to 659,125 valued at $17.47M in 2016Q4. UNP's profit will be $1.08B for 20.64 P/E if the $1.34 EPS becomes a reality. The institutional investor held 2.74M shares of the railroads company at the end of 2016Q4, valued at $283.60M, up from 2.27M at the end of the previous reported quarter. (more...)
World leaders condemn Trump over climate accord
- June 03, 2017
Somewhat unexpectedly, many major oil companies and other large corporations came out in favor of the agreement, reflecting the realities of shareholder pressure and operating an worldwide business. This was odd, because you'd think this would've come up when deliberating about whether to remain a part of the most comprehensive agreement ever established to address the problem of climate change. (more...)
- June 03, 2017
Somewhat unexpectedly, many major oil companies and other large corporations came out in favor of the agreement, reflecting the realities of shareholder pressure and operating an worldwide business. This was odd, because you'd think this would've come up when deliberating about whether to remain a part of the most comprehensive agreement ever established to address the problem of climate change. (more...)
India committed to protecting climate: Modi
- June 03, 2017
He also met his Mongolian counterpart J Erdenebat. USA intelligence agencies have accused Russian Federation of hacking into Democratic Party emails, helping President Donald Trump's election victory. "We people do not have the right to take more than necessary from nature". As part of the tour, Modi had visited Germany , Spain and Russian Federation, in a bid to boost economic and strategic ties with European nations. (more...)
- June 03, 2017
He also met his Mongolian counterpart J Erdenebat. USA intelligence agencies have accused Russian Federation of hacking into Democratic Party emails, helping President Donald Trump's election victory. "We people do not have the right to take more than necessary from nature". As part of the tour, Modi had visited Germany , Spain and Russian Federation, in a bid to boost economic and strategic ties with European nations. (more...)
Crude tumbles more than 1% to settle below $48
- June 03, 2017
Brent crude oil LCOc1 eased by 3 cents to $50.73 a barrel by 1327 GMT, while US light crude CLc1 gained 14 cents to $48.46. "Unless something extreme happens, we are not going to get back to much higher", IHS Markit Ltd. US prices are now down 8.1% since OPEC and other exporters agreed to extend ongoing production cuts by nine months on May 25. Crude Oil: Is It the Beginning of a Bear Market? The price for Brent crude oil was down 2.2 percent about 15 minutes before the start of ... (more...)
- June 03, 2017
Brent crude oil LCOc1 eased by 3 cents to $50.73 a barrel by 1327 GMT, while US light crude CLc1 gained 14 cents to $48.46. "Unless something extreme happens, we are not going to get back to much higher", IHS Markit Ltd. US prices are now down 8.1% since OPEC and other exporters agreed to extend ongoing production cuts by nine months on May 25. Crude Oil: Is It the Beginning of a Bear Market? The price for Brent crude oil was down 2.2 percent about 15 minutes before the start of ... (more...)
First Horizon National Corporation (FHN), Santander Consumer USA Holdings Inc. (SC)
- June 03, 2017
The Company provides financial services through its subsidiary, First Tennessee Bank National Association (the Bank). United Capital Financial Advisers LLC now owns 11,885 shares of the financial services provider's stock valued at $220,000 after buying an additional 157 shares during the period. (more...)
- June 03, 2017
The Company provides financial services through its subsidiary, First Tennessee Bank National Association (the Bank). United Capital Financial Advisers LLC now owns 11,885 shares of the financial services provider's stock valued at $220,000 after buying an additional 157 shares during the period. (more...)
Oil falls following U.S's withdrawal from Paris Agreement
- June 03, 2017
Besides sending 175,000 b/d to China in Q1, US sellers also upped their volumes to other Asian customers, including South Korea, Singapore, and Japan (see below for the breakdown for March). Oil prices are down some 9 percent since OPEC's May 25 decision to extend the cuts. Part of the problem is that production is increasing in members such as Libya and Nigeria, which are exempt from making cuts as they restore output after internal strife, said BP Chief Executive Officer Bob Dudley. (more...)
- June 03, 2017
Besides sending 175,000 b/d to China in Q1, US sellers also upped their volumes to other Asian customers, including South Korea, Singapore, and Japan (see below for the breakdown for March). Oil prices are down some 9 percent since OPEC's May 25 decision to extend the cuts. Part of the problem is that production is increasing in members such as Libya and Nigeria, which are exempt from making cuts as they restore output after internal strife, said BP Chief Executive Officer Bob Dudley. (more...)
Latest news
WeWork set to axe 4,000 jobs