Markets
Russian Federation may join output freeze deal if OPEC reach consensus - minister
- November 28, 2016
The falls came after prices declined more than 3 percent on Friday over disagreement between members of the Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC exporters like Russian Federation over which states should cut production by how much in order to curb a global production overhang that has more than halved prices since 2014. (more...)
- November 28, 2016
The falls came after prices declined more than 3 percent on Friday over disagreement between members of the Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC exporters like Russian Federation over which states should cut production by how much in order to curb a global production overhang that has more than halved prices since 2014. (more...)
Valdosta gas prices hold steady through the holiday
- November 28, 2016
Average prices are nearly 12.5 cents lower than a month ago, according to GasBuddy's daily survey of 91 Yakima-area gas stations, but are still 22.3 cents higher than November 28 of previous year. Experts say the change is due to an increase in oil prices. In December 2013 the national average ended the month 5 cents higher than when it started. (more...)
- November 28, 2016
Average prices are nearly 12.5 cents lower than a month ago, according to GasBuddy's daily survey of 91 Yakima-area gas stations, but are still 22.3 cents higher than November 28 of previous year. Experts say the change is due to an increase in oil prices. In December 2013 the national average ended the month 5 cents higher than when it started. (more...)
Clinton Campaign to Participate in Recount Sought by Jill Stein
- November 28, 2016
Donald Trump won all of them by relatively narrow margins on election day , and if the results were flipped in all three - a possible but exceedingly unlikely outcome - Hillary Clinton would win the electoral college , and the presidency. (more...)
- November 28, 2016
Donald Trump won all of them by relatively narrow margins on election day , and if the results were flipped in all three - a possible but exceedingly unlikely outcome - Hillary Clinton would win the electoral college , and the presidency. (more...)
Trail Blazers lose again as defense fails yet again: Postgame report
- November 28, 2016
Clint Capela added 21 points and nine rebounds, with both Trevor Ariza and Ryan Anderson also finishing in double figures. Gordon added in 10 points in the third quarte shooting a flawless 6-for-6 from behind the arc. Maurice Harkless added 18 points while Evan Turner added 15 points and six rebounds off the bench. Led by James Harden's 28.3 ppg (5 in the NBA), five players are averaging in double figures for the Houston Rockets . (more...)
- November 28, 2016
Clint Capela added 21 points and nine rebounds, with both Trevor Ariza and Ryan Anderson also finishing in double figures. Gordon added in 10 points in the third quarte shooting a flawless 6-for-6 from behind the arc. Maurice Harkless added 18 points while Evan Turner added 15 points and six rebounds off the bench. Led by James Harden's 28.3 ppg (5 in the NBA), five players are averaging in double figures for the Houston Rockets . (more...)
Cognizant Technology shares rise after Elliott sends letter on enhancement plan
- November 28, 2016
The 52-week high of the share price is -18.62% and 52-week low of the share price is 17.19%. Cognizant Technology Solutions Corporation (NASDAQ:CTSH) reported earning per shares for the quarter ending Nov 07 BMO at 0.86, whereas, 28 number of analysts estimated the mean EPS at 0.87. (more...)
- November 28, 2016
The 52-week high of the share price is -18.62% and 52-week low of the share price is 17.19%. Cognizant Technology Solutions Corporation (NASDAQ:CTSH) reported earning per shares for the quarter ending Nov 07 BMO at 0.86, whereas, 28 number of analysts estimated the mean EPS at 0.87. (more...)
Thanksgiving, Black Friday store sales fall, online rises
- November 28, 2016
Thanksgiving Day: Consumers spent $1.93 billion, 11.5 percent more than in 2015, with an average order value that was relatively flat at $160, compared to $162 in 2015.Mobile accounted for 57 percent of visits and 40 percent of sales ($771 million). (more...)
- November 28, 2016
Thanksgiving Day: Consumers spent $1.93 billion, 11.5 percent more than in 2015, with an average order value that was relatively flat at $160, compared to $162 in 2015.Mobile accounted for 57 percent of visits and 40 percent of sales ($771 million). (more...)
Philip Morris International Inc. (PM) Given Average Recommendation of "Buy" by Analysts
- November 28, 2016
Other institutional investors have also made changes to their positions in the company. Philip Morris International makes up approx 0.50% of Hightower Advisors's portfolio. At present, the Gross Margin for Philip Morris International, Inc . A year ago the company's sales were $6.39B. That is compared with the $0.81 in EPS it reported during the same period a year ago. (more...)
- November 28, 2016
Other institutional investors have also made changes to their positions in the company. Philip Morris International makes up approx 0.50% of Hightower Advisors's portfolio. At present, the Gross Margin for Philip Morris International, Inc . A year ago the company's sales were $6.39B. That is compared with the $0.81 in EPS it reported during the same period a year ago. (more...)
Pope Francis Sends Condolences over 'Sad News' of Castro's Death
- November 28, 2016
As of Sunday, though, the White House had not said whether anyone from the US government would attend. Republican Senator Marco Rubio of Florida called Obama's statement on Fidel Castro's death "pathetic", saying there is no mention of the thousands he killed and imprisoned. (more...)
- November 28, 2016
As of Sunday, though, the White House had not said whether anyone from the US government would attend. Republican Senator Marco Rubio of Florida called Obama's statement on Fidel Castro's death "pathetic", saying there is no mention of the thousands he killed and imprisoned. (more...)
Cuba preparing for national tribute to Fidel Castro
- November 28, 2016
President-elect Donald Trump is "absolutely" willing to reverse President Barack Obama's diplomatic relationship with Cuba, according to Trump chief of staff Reince Priebus. But Trump, throughout his presidential campaign, has threatened to repeal Obama's newfound diplomatic relations with Cuba, should he win the White House, citing the need for better deals. (more...)
- November 28, 2016
President-elect Donald Trump is "absolutely" willing to reverse President Barack Obama's diplomatic relationship with Cuba, according to Trump chief of staff Reince Priebus. But Trump, throughout his presidential campaign, has threatened to repeal Obama's newfound diplomatic relations with Cuba, should he win the White House, citing the need for better deals. (more...)
Asian stocks mixed ahead of OPEC meeting
- November 28, 2016
Prospects of reduced upward pressure on inflation from oil prices, prompted investors to temper expectations for rises in USA interest rates, bring down treasury yields and the dollar. Saudi Arabia's energy minister Khalid al-Falih said on Sunday that he believed the oil market would balance itself in 2017 even if producers did not intervene, and that keeping output at current levels could therefore be justified. (more...)
- November 28, 2016
Prospects of reduced upward pressure on inflation from oil prices, prompted investors to temper expectations for rises in USA interest rates, bring down treasury yields and the dollar. Saudi Arabia's energy minister Khalid al-Falih said on Sunday that he believed the oil market would balance itself in 2017 even if producers did not intervene, and that keeping output at current levels could therefore be justified. (more...)
Pay 50% Tax On Unaccounted Deposits, Or 85% If Caught, Says Government
- November 28, 2016
Under the scheme the declarant shall be required to pay first a tax at the rate of 30% of the undisclosed income plus a penalty of 10% of the undisclosed income. The remaining 25 percent will be available to the account holder. The disclosures will enjoy immunity from wealth tax, civil and other taxation laws but there will be no immunity from Foreign Exchange Management Act (FEMA), Prevention of Money Laundering Act (PMLA), Narcotics and black money law, he said. (more...)
- November 28, 2016
Under the scheme the declarant shall be required to pay first a tax at the rate of 30% of the undisclosed income plus a penalty of 10% of the undisclosed income. The remaining 25 percent will be available to the account holder. The disclosures will enjoy immunity from wealth tax, civil and other taxation laws but there will be no immunity from Foreign Exchange Management Act (FEMA), Prevention of Money Laundering Act (PMLA), Narcotics and black money law, he said. (more...)
U.S. shoppers spend less over holiday weekend amid discounting
- November 28, 2016
The surge in online shopping has taken a toll on brick-and-mortar stores. Mobile purchases made up 41 percent of e-commerce orders on Thanksgiving, up from 37 percent past year, Rakuten found. Meanwhile, the number of people who shopped in stores fell to 99.1 million from 101 million previous year. Retailers are also increasingly making available online the type of door-buster deals typically reserved for store locations on Black Friday. (more...)
- November 28, 2016
The surge in online shopping has taken a toll on brick-and-mortar stores. Mobile purchases made up 41 percent of e-commerce orders on Thanksgiving, up from 37 percent past year, Rakuten found. Meanwhile, the number of people who shopped in stores fell to 99.1 million from 101 million previous year. Retailers are also increasingly making available online the type of door-buster deals typically reserved for store locations on Black Friday. (more...)
Dow Hits Above 19K for the 1st Time Ever
- November 28, 2016
Health care stocks, still trading lower than they were at the start of the year, took hefty losses after weak results from Medtronic, one of the world's largest medical device companies. Medical supplier Patterson Cos. plunged to a three-year low. Deere jumped 10.8 per cent to a record high of $US101.96 after the farm equipment maker reported a much smaller-than-expected decline in profit. (more...)
- November 28, 2016
Health care stocks, still trading lower than they were at the start of the year, took hefty losses after weak results from Medtronic, one of the world's largest medical device companies. Medical supplier Patterson Cos. plunged to a three-year low. Deere jumped 10.8 per cent to a record high of $US101.96 after the farm equipment maker reported a much smaller-than-expected decline in profit. (more...)
Tata to sell United Kingdom speciality steels business in £100m deal
- November 28, 2016
Sanjeev Gupta, Liberty House Group's executive chairman, said: "We look forward to working with Tata Steel over the coming weeks to complete this hugely important milestone transaction". The priority now is to test Liberty's plans for their commitment to the investment, jobs and marketing that can continue Specialty Steel's success for the long-term. (more...)
- November 28, 2016
Sanjeev Gupta, Liberty House Group's executive chairman, said: "We look forward to working with Tata Steel over the coming weeks to complete this hugely important milestone transaction". The priority now is to test Liberty's plans for their commitment to the investment, jobs and marketing that can continue Specialty Steel's success for the long-term. (more...)
Oil Prices Reach November Highs On Hopes Of OPEC Deal
- November 28, 2016
At 2:55 a.m. EST Saturday, Brent crude oil, the global benchmark, was trading at $47.12 a barrel, lower by nearly 4 percent, but dipped below the $47 mark several times in the preceding hour. "If we keep production at the current level we are making our contribution, for us that essentially means a cut of 200,000-300,000 barrels per day (in 2017)", he said. (more...)
- November 28, 2016
At 2:55 a.m. EST Saturday, Brent crude oil, the global benchmark, was trading at $47.12 a barrel, lower by nearly 4 percent, but dipped below the $47 mark several times in the preceding hour. "If we keep production at the current level we are making our contribution, for us that essentially means a cut of 200,000-300,000 barrels per day (in 2017)", he said. (more...)
India all out for 417 in Mohali test, lead by 134 runs
- November 28, 2016
Vijay, however, was struggling at the other end. While batting, at least. It will probably make no difference whether Hameed bats tomorrow or not, because England will nearly certainly be made to pay for their poor batting performance on day one. (more...)
- November 28, 2016
Vijay, however, was struggling at the other end. While batting, at least. It will probably make no difference whether Hameed bats tomorrow or not, because England will nearly certainly be made to pay for their poor batting performance on day one. (more...)
Lufthansa group hit by strikes, 100000 passengers to be affected
- November 28, 2016
Because of the announced extension of the strike, which is taking place as the result of pay dispute between Lufthansa and the Vereinigung Cockpit (VC) union, Lufthansa's short and long-haul flights out of Germany will be affected until 10:59pm GMT on Thursday. (more...)
- November 28, 2016
Because of the announced extension of the strike, which is taking place as the result of pay dispute between Lufthansa and the Vereinigung Cockpit (VC) union, Lufthansa's short and long-haul flights out of Germany will be affected until 10:59pm GMT on Thursday. (more...)
Lufthansa Strike Cancels 100s of Flights
- November 28, 2016
The carrier would cancel 876 of its roughly 3,000 scheduled flights, "affecting some 100,000 passengers", Lufthansa said in a statement. BERLIN (AP) Pilots at German airline Lufthansa have launched a two-day strike in a pay dispute, a walkout that has forced the company to cancel almost 900 flights on Wednesday alone. (more...)
- November 28, 2016
The carrier would cancel 876 of its roughly 3,000 scheduled flights, "affecting some 100,000 passengers", Lufthansa said in a statement. BERLIN (AP) Pilots at German airline Lufthansa have launched a two-day strike in a pay dispute, a walkout that has forced the company to cancel almost 900 flights on Wednesday alone. (more...)
Black Friday online sales hit record high
- November 28, 2016
The results from Cyber Monday will mostly likely continue the current trends set over the weekend. Thanksgiving and Black Friday online sales rose 18% to $5.27 billion, according to a separate survey by Adobe Digital Insights , higher than the $5.05 billion expected. (more...)
- November 28, 2016
The results from Cyber Monday will mostly likely continue the current trends set over the weekend. Thanksgiving and Black Friday online sales rose 18% to $5.27 billion, according to a separate survey by Adobe Digital Insights , higher than the $5.05 billion expected. (more...)
Twenty-First Century Fox Inc. (FOX) Short Interest Down 28.9% in November
- November 28, 2016
The Company now has ROA (Return on Assets) of 2.6 percent, Return on Equity (ROE) of 8.5 Percent and Return on Investment (ROI) of 12.6% with Gross margin of 10.1 percent and Operating & Profit margin of 3.5% and 1.8% respectively. Revenue is expected to range from 824.76 Million to 884.7 Million with an average of 863.83 Million. Finally, Commonwealth Equity Services Inc raised its stake in shares of Twenty-First Century Fox by 0.8% in the second quarter. (more...)
- November 28, 2016
The Company now has ROA (Return on Assets) of 2.6 percent, Return on Equity (ROE) of 8.5 Percent and Return on Investment (ROI) of 12.6% with Gross margin of 10.1 percent and Operating & Profit margin of 3.5% and 1.8% respectively. Revenue is expected to range from 824.76 Million to 884.7 Million with an average of 863.83 Million. Finally, Commonwealth Equity Services Inc raised its stake in shares of Twenty-First Century Fox by 0.8% in the second quarter. (more...)
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