Markets


Gasoline prices to spike as Hurricane Harvey hits petroleum system Gasoline prices to spike as Hurricane Harvey hits petroleum system
- August 31, 2017

Major pipelines carrying gasoline and diesel fuel to Midwest and East Coast markets have been either throttled back or shut entirely. The Gulf accounts for just 15 percent of USA oil production, compared with almost 30 percent a decade ago, according to RBC Capital Markets. (more...)
Gas Will Be More Expensive Than Ever Before In Montreal Gas Will Be More Expensive Than Ever Before In Montreal
- August 31, 2017

Prices will be rise about 15 to 25 cents of some parts of the Midwest like Indians, Michigan, and OH, he said. The Texas Gulf Coast is home to about 30 refineries that account for almost 30% of US capacity. AAA is predicting prices will increase 15 cents in the next few weeks. "One of the trickier challenges is the human impact", said Regina Mayor, global head of energy at KPMG who is based in Houston. (more...)
US Coast Guard SAR operations in response to Hurricane Harvey
- August 31, 2017

Although it rapidly weakened to tropical storm status, it also stalled over the Gulf Coast, unleashing torrential rains that have caused devastating flooding in Houston and surrounding areas. Customs and Border Protection (CBP) has also deployed aircraft to the Houston area. They will join crews of two MH-65 Dolphin helicopters, who were sent on Friday from the Coast Guard's seasonal Air Facility in Waukegan, Ill. (more...)
Anadarko Petroleum Corporation (APC) Given Average Rating of Anadarko Petroleum Corporation (APC) Given Average Rating of "Buy" by Analysts
- August 31, 2017

Md Sass Invsts invested 2.16% in Anadarko Petroleum Corporation (NYSE:APC). The stock decreased 1.36% or $0.56 during the last trading session, reaching $40.71. Highwoods Properties had 16 analyst reports since August 6, 2015 according to SRatingsIntel. Anadarko Petroleum Corporation (NYSE:APC) traded down 2.01% on Tuesday, reaching $40.44. (more...)
Motco Raises Stake in Digital Realty Trust, Inc. (DLR) Motco Raises Stake in Digital Realty Trust, Inc. (DLR)
- August 30, 2017

Blackrock Institutional Trust Company increased Education Rlty Tr Inc ( EDR ) stake by 10.24% reported in 2016Q4 SEC filing. During the same period in the previous year, the business earned $0.37 earnings per share . Paypal Holdings Inc was reduced too. When investing in a volatile security, the risk of success is increased just as much as the risk of failure. Its up 0.29, from 0.93 in 2016Q3. (more...)
BRC warns of food shortages if no Brexit customs deal agreed BRC warns of food shortages if no Brexit customs deal agreed
- August 30, 2017

Dickinson added that border controls could lead to a shortage of certain food items, highlighting the need for the government to secure a wide-ranging agreement covering key issues such as security, transit, drivers and value added tax. Trade association said delays could cause 'gaps on shelves'. Like the BRC, academics also flagged the risk of certain foods becoming less readily available after March 2019. (more...)
Comcast Corporation (CMCSA) — Trending Stock Analysis Comcast Corporation (CMCSA) — Trending Stock Analysis
- August 30, 2017

Bank of New York Mellon Corp raised its position in Comcast Corporation by 103.1% in the first quarter. The stock declined 0.27% or $0.15 reaching $54.87 per share. As per Thursday, July 30, the company rating was maintained by Canaccord Genuity. The rating was maintained by Wunderlich with "Buy" on Wednesday, August 26. (more...)
Comcast Corporation (CMCSA)- Performance Assessment Proving Vital for Investment Comcast Corporation (CMCSA)- Performance Assessment Proving Vital for Investment
- August 30, 2017

The stock declined 0.27% or $0.15 reaching $54.87 per share. Warren Averett Asset Mgmt Limited Com stated it has 6,744 shares or 0.17% of all its holdings. On Wednesday, August 23 the stock rating was maintained by KeyBanc Capital Markets with "Hold". Stifel Nicolaus has "Buy" rating and $330 target. On Thursday, February 11 the stock rating was upgraded by Morgan Stanley to "Overweight". (more...)
FFT Wealth Management LLC Has $519000 Stake in Antero Midstream Partners LP FFT Wealth Management LLC Has $519000 Stake in Antero Midstream Partners LP
- August 30, 2017

Keybank National Association OH now owns 7,430 shares of the pipeline company's stock worth $246,000 after buying an additional 435 shares in the last quarter. and third parties in the Appalachian Basin. The stock has a market capitalization of $14.99 billion, a P/E ratio of 17.83 and a beta of 0.80. 29,000 Summit Midstream Partners LP (NYSE:SMLP) shares with value of $673,592 were sold by Newby Steven J . (more...)
US GDP Growth Revised Up to 3% US GDP Growth Revised Up to 3%
- August 30, 2017

That's the strongest growth since the first quarter of 2015. For 2017, the Camp Kotok group predicts a 2.1 percent pace of growth. The Department of Commerce will issue its third estimate for the second quarter September 28. This will also be an indicator to see how the United States economy is fairing under the Trump administration which reportedly reducing regulations and set to propose tax cuts and infrastructure spending. (more...)
Best Buy apologizes for price-gouging on bottled water in Houston Best Buy apologizes for price-gouging on bottled water in Houston
- August 30, 2017

Best Buy says the pricing was "clearly a mistake on the part of a few employees at a single store". 'As a company we are focused on helping, not hurting affected people, ' the Best Buy statement to Business Insider insisted. "These are things you can't do in Texas", Paxton said. Subsequent commenters accused the store, in the Houston suburb of Cypress, of price gouging. (more...)
Trump approves Louisiana emergency declaration Trump approves Louisiana emergency declaration
- August 30, 2017

Also on Tuesday the Louisiana SPCA said it has moved about 70 animals to shelters in Georgia and Alabama to make room for animals rescued in Texas from Tropical Storm Harvey . US President Donald Trump declared today (Monday) a state of emergency for Louisiana due to the heavy damage caused by Tropical Storm Harvey, which led to the deaths of five people. (more...)
Shares Continuing to Trade Below Moving Averages: Bank of Montreal (NYSE:BMO) Shares Continuing to Trade Below Moving Averages: Bank of Montreal (NYSE:BMO)
- August 30, 2017

Bank Of Montreal ( NYSE BMO ) traded down 0.40% during midday trading on Wednesday, reaching $71.64. Bank Of Montreal has a one year low of $62.32 and a one year high of $78.00. If you are reading this article on another website, it was illegally stolen and republished in violation of worldwide copyright and trademark laws. The correct version of this news story can be accessed at ... (more...)
The ValuEngine Downgrades Cisco Systems, Inc. (CSCO) to Hold
- August 30, 2017

In the last earnings report the EPS was $1.90 and is estimated to be $2.43 for the current year with 4,993,000,000 shares presently outstanding. About shares traded. The insider Jacoby Rebecca sold $2.94 million. Kidder Stephen W invested 1.02% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO) by 7.1% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. (more...)
Governor activates entire Texas National Guard Governor activates entire Texas National Guard
- August 30, 2017

Harvey made landfall on Friday as a Category 4 hurricane. The Kellogg Company of Battle Creek says it's working with a hunger relief agency in Texas to receive $100,000 and cereal for use in the relief efforts. 26, 2017. Texas National Guard soldiers arrive in Houston, Texas to aid citizens in heavily flooded areas from the storms of Hurricane Harvey. They are also equipped with hoists so they can do hoist rescue operations. (more...)
Cummins Unveils Electric Heavy-Duty Truck Cummins Unveils Electric Heavy-Duty Truck
- August 30, 2017

This will have a diesel generator on-board, which will boost the range from 100 to 300 miles, cutting diesel costs by 50% those of a normal IC diesel engine. "The truck achieves a significant air drag reduction via its highly streamlined design as well as a better sealed truck body and underbody - with no front radiator intrusion". (more...)
Two million CEX customers told to change passwords after hack Two million CEX customers told to change passwords after hack
- August 30, 2017

However none of these have been affected and the in-store personal membership information has been compromised. As usual in these situations, the message is to not only change your password, but change the password of any other site that you've given the same password to. (more...)
Oil sector hopes to weather Harvey storm Oil sector hopes to weather Harvey storm
- August 30, 2017

In addition, rigs out in the gulf were shut down last week, as the storm approached. "As of August 29, we estimate USA refining production offline was 4.1 million barrels per day (bpd); this represents 23 percent of total USA refining production", Goldman Sachs said in a note to clients. (more...)
Stock trading actively: Western Digital Corporation (WDC) Stock trading actively: Western Digital Corporation (WDC)
- August 30, 2017

Intrepid Management Inc has invested 7.1% in Western Digital Corp (NASDAQ: WDC ). It has outperformed by 109.15% the S&P500. Agf Investments Inc increased Albemarle Corp. Allstate Corp, a Illinois-based fund reported 114,763 shares. Western Digital (WD) and Tegile Systems have announced that they have entered into a definitive agreement under which Tegile, a provider of flash and persistent-memory storage solutions for enterprise data centre applications, will be acquired by ... (more...)
House prices down as Brexit-fuelled inflation kicks in House prices down as Brexit-fuelled inflation kicks in
- August 30, 2017

He says that, as before, a shortage of supply is likely to keep house prices high. Robert Gardner, Nationwide's chief economist, said it was possible that mounting pressure on household finances was exerting a drag on the property market, especially in London and the South. (more...)