Markets


Ex-Dividend Reminder: UnitedHealth Group, M & T Bank and Commerce Bancshares
- December 01, 2016

Rodis anticipates that the firm will post earnings per share of $3.12 for the year. Earnings per share for the recently concluded quarter is expected to come in at $0.7 a share with $300.7M in revenue. Dowling Michael D sold 2,500 shares worth $79,000. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website . (more...)
Gov. Rauner Sets Conditions for Short-Term Illinois Budget Gov. Rauner Sets Conditions for Short-Term Illinois Budget
- December 01, 2016

Rauner says House Speaker Michael Madigan instead is proposing another stopgap budget. Before the Thanksgiving holiday last week, Rauner said the reforms are about sending a signal to the business community that IL means business instead of just raising taxes. (more...)
Analysts Update Their Price Target On Southcross Energy Partners, LP (NYSE:SXE) Analysts Update Their Price Target On Southcross Energy Partners, LP (NYSE:SXE)
- December 01, 2016

As SXL will be the acquiring entity, the existing incentive distribution rights provisions in the SXL partnership agreement will continue to be in effect, and Energy Transfer Equity, L.P. Ancora Inverness LLC continued to hold its position in shares of Energy Transfer Equity L.P. (NYSE:ETE) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. (more...)
Rolls-Royce to Cut Another 800 Jobs at Marine Unit Rolls-Royce to Cut Another 800 Jobs at Marine Unit
- December 01, 2016

The move comes after the group slashed its marine division workforce from 6000 a year ago as it battles against a slump in the offshore oil and gas market caused by low crude prices. We operate across five businesses: Civil Aerospace, Defence Aerospace, Marine, Nuclear and Power Systems. Rolls plans to invest in a new research and development centre and an expanded services hub in Ulsteinvik, Norway. (more...)
Stocks in Focus United Continental Holdings Inc (NYSE:UAL), AmerisourceBergen Corp. (NYSE
- December 01, 2016

Global X Management Co. LLC raised its stake in United Continental Holdings by 4.7% in the second quarter. The stock is up by 27.25% in the past one month and up by 47.5% over the past three months. The firm's revenue for the quarter was down 3.8% compared to the same quarter past year. (NYSE:PM) in the last quarter reported its actual EPS of $1.25/share where the analyst estimated EPS was $1.23/share. (more...)
Liverpool reaches League Cup semifinals; 17-year-old Ben Woodburn scores
- December 01, 2016

As good as he is, he can not decide games by himself, even when it looks sometimes like this because he takes the ball, dribbles and shoots. Aside from Marco Silvestri's save from Georginio Wijnaldum's volley - set up by a sublime defence-splitting pass from 19-year-old Ovie Ejaria - Liverpool barely created anything. (more...)
OPEC agrees to cut production for first time since 2008
- December 01, 2016

The 14 member countries announced to curtail oil production for the first time since 2008, at its headquarters in Vienna on Wednesday. Saudi Arabia, the main exporter of OPEC, agreed to cut production to 10.06 billion barrels per day as part of an agreement to limit oil supplies. (more...)
Oil price soars as Opec agrees output cut
- December 01, 2016

A $5 increase in the price of a barrel of oil could result in a 13 cent hike in gas prices, according to AAA. "There is firm and common ground that continuous collaborative efforts among producers, both within and outside OPEC, will complement the market in restoring a supply and demand balance". (more...)
Oil price soars as Opec agrees output cut
- December 01, 2016

A $5 increase in the price of a barrel of oil could result in a 13 cent hike in gas prices, according to AAA. "There is firm and common ground that continuous collaborative efforts among producers, both within and outside OPEC, will complement the market in restoring a supply and demand balance". (more...)
Canada PM Trudeau Approves Kinder Morgan Pipeline Canada PM Trudeau Approves Kinder Morgan Pipeline
- December 01, 2016

Vancouver, B.C. Mayor Gregor Robertson said he was profoundly disappointed by Trudeau's decision and said it would bring seven times the number of oil tankers to Vancouver's waters. "So, there's no excuse for what he's doing here today". "The struggle will simply intensify", said Grand Chief Stewart Phillip of the Union of British Columbia Chiefs. (more...)
United Kingdom ramps up borrowing forecasts, sees slower growth due to Brexit United Kingdom ramps up borrowing forecasts, sees slower growth due to Brexit
- December 01, 2016

The Conservative told MPs times had moved on and his task was now "to prepare our economy to be resilient as we exit the European Union and match-fit for the transition that will follow". In a departure from Mr Osborne's strategy, he announced he would borrow £25.9bn in the next five years "to kick-start a transformation in infrastructure and innovation investment". (more...)
Six new HIV positive cases reported per day: CDC
- December 01, 2016

According to a WHO lack of an HIV diagnosis is a major obstacle to implementing the Organization's recommendation that everyone with HIV should be offered antiretroviral therapy (ART). This is because those diagnosed early can have a life expectancy nearly matching that of people who are HIV free. The city reported 318 new HIV cases in males aged 18 to 24 during that period, a surge of 79.7 percent year on year. (more...)
France presidential race: Fillon wins conservative candidacy
- December 01, 2016

With votes from almost all of the 10,229 polling stations counted, Fillon had won 66.5 percent of the votes in the primaries organised by the centre-right Les Republicains party. Le Pen, candidate of her National Front party, is running an anti-establishment campaign that particularly targets immigrants, France's Muslim minority, and the European Union . (more...)
Iran welcomes OPEC production-cut decision
- December 01, 2016

The price of USA crude has also risen, trading 1.1% higher at $49.99 a barrel after jumping 9% on Wednesday. In Arkansas, gasoline cost $1.91 a gallon Wednesday, up from $1.87 a year ago. "Skepticism remains on individual countries' follow-through, which is keeping prices below year-to-date highs (of $53.73 per barrel in October) for now", Morgan Stanley analysts said. (more...)
Oil, dollar and bond yields sharply higher after OPEC deal
- December 01, 2016

At Wednesday's meeting, members agreed at the cartel's semiannual meeting in Vienna to cap the cartel's total production at 32.5 million bpd, down from 33.64 million in October. Iraq will cut its output by 200,000 bpd to 4.351 million bpd beginning in January. News of the deal will also come as a relief to poorer OPEC members, such as Venezuela, which is struggling with severe food shortages and inflation predicted to reach 700% this year. (more...)
Brokers Issue New Targets On Coca-Cola Bottling Co. Consolidated (NASDAQ:COKE) Brokers Issue New Targets On Coca-Cola Bottling Co. Consolidated (NASDAQ:COKE)
- December 01, 2016

Stock has got outperform rating from 10 analysts of Thomson Reuters whereas 7 analysts given hold rating to the stock. Credit Suisse analysts provided their view on The Coca-Cola Company (NYSE:KO) recently. Finally, TheStreet cut shares of Coca-Cola from a "buy" rating to a "hold" rating in a research note on Wednesday, October 26th. The stock has a high price target of $80 according to consensus of 21 analysts. (more...)
Figures show Cyber Monday still the year's biggest sales day
- December 01, 2016

Email marketing analysis firm eDataSource reports that more than 35,000 Black Friday-themed email campaigns were mailed during the period from 10 days before Black Friday (Nov. As holiday shopping becomes more diluted, retailers will need to invest in more channels to reach shoppers. Last week, Target and Kohl's said they had their biggest online sales day ever on Thanksgiving Day. (more...)
Austria: OPEC bid led the Crude Oil Price to falls down Austria: OPEC bid led the Crude Oil Price to falls down
- December 01, 2016

Oil prices fell on Tuesday on market jitters over whether producer cartel OPEC will be able to hammer out a meaningful output cut during a meeting on Wednesday aimed at reining in a global supply overhang and propping up prices. Clearly, a cut with stubbornly low oil prices is within their mandate. Tehran has sent mixed signals including that it wanted to produce 4.2 million bpd. (more...)
Trump taps 'King of Bankruptcy' as Commerce Secretary Trump taps 'King of Bankruptcy' as Commerce Secretary
- December 01, 2016

The Trump tax programme will have to be negotiated with a Republic-dominated Congress. Feargal O'Rourke, managing partner with PwC said that the new administration might face a fight getting agreement to drive the corporation tax rate as low as 15 per cent. (more...)
Trump foes plead their case to Pa. Electoral College members Trump foes plead their case to Pa. Electoral College members
- December 01, 2016

The Electoral College was first put into place to ensure that the states remained a vital part of the presidential election process. More Americans voted for Hillary Clinton, yet she lost to Donald Trump . California has the most, with 55. The ten whitest states , the three northern New England states , West Virginia, Iowa, Wyoming, Idaho, Montana, Kentucky and North Dakota, also happen to be over-represented states . (more...)

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