Markets


U.S. stocks hold steady, on pace for another winning week
- March 18, 2017

USA stocks posted solid gains Wednesday as Wall Street digested the Federal Reserve's decision to raise interest rates.?The Dow Jones Industrial Average rose 112.73 points, or 0.54 percent, to 20,950.10. The Nasdaq edged up 11 points, or 0.2 percent, to 5,868. Investors and analysts think the Fed will raise interest rates this afternoon for just the third time in 15 months. (more...)
'Ridiculous' Trump spy claims United Kingdom raps WH
- March 18, 2017

According to CNN , national security adviser H.R. McMaster made a formal apology to the United Kingdom government. Trump has stood by his claim, repeating the allegation again on Friday while standing next to German Chancellor Angela Merkel. (more...)
US Dollar Index Fell despite the Fed's Interest Rate Hike US Dollar Index Fell despite the Fed's Interest Rate Hike
- March 18, 2017

That said, there's still the question of affordability as home prices continue to soar in some housing markets, she says. The Federal Reserve raised USA interest rates on Wednesday - just as expected. This should set the stage for a market less anxious about inflation in the next few months, with government bonds trading within ranges as opposed to ever-rising yields. (more...)
OPEC Column: Supply remains abundant, demand remains strong, but not strong enough
- March 18, 2017

In the meantime, the volatility that suddenly broke out last week will probably recur, as the IEA has regularly warned, it said. Members of the Organization of Petroleum Exporting Countries are some of the top exporters to the United States and managed production declines from OPEC could influence USA crude oil inventory levels with a lag effect given transit times from overseas. (more...)
Stock Price of Cobalt International Energy, Inc. (CIE) Decreases -13.63% Stock Price of Cobalt International Energy, Inc. (CIE) Decreases -13.63%
- March 18, 2017

Cobalt International Energy (NYSE: CIE ) last posted its quarterly earnings results on Tuesday, March 14th. Price targets reflect what the analyst believes a stock will be worth four quarters into the future. The latest exchange of 13.54 Million shares is below its average trading activity of 14.59 Million shares. The stock volatility for week was 13.29% while for month was 11.17%.The stock, as of last close, traded 3.00% to its 52 week low and was changed -89.46% from its 52 week high. (more...)
Federer beats his rival, Nadal, and is set to confront Nick Kyrgios
- March 18, 2017

The 21-year-old had been due to face Australian Open champion Roger Federer after beating world number two Novak Djokovic but he has had to withdraw. The Swiss defeated Nadal 6-2 6-3 in the 36th meeting between the pair. "I think nobody cares who wins anymore", Muguruza said, as quoted on tennisworldusa.org. (more...)
U.S. oil rig count rises for 9th straight week U.S. oil rig count rises for 9th straight week
- March 18, 2017

Last week, the total active USA rig count, which includes oil and natural-gas rigs, rose by 12 to 768. Instead, drillers added 10 rigs in Oklahoma. There was an addition of 4 rigs in the Williston basin while Eagle Ford added 2 and there were 3 new rigs in the Mississippian basin from an extremely low base. (more...)
(MNST) Stock Rating Reaffirmed by RBC Capital Markets (MNST) Stock Rating Reaffirmed by RBC Capital Markets
- March 18, 2017

RBC Capital Markets' price objective would suggest a potential upside of 26.87% from the company's current price. Monster Beverage Corporation P/E (price to earnings) ratio is 39.48 and Forward P/E ratio of 27.72. That value represents a market adjusting for revenues that have been growing by 16.78 % on a quarterly year/year basis as of the company's last quarterly report. (more...)
Orly airport: Man killed after taking soldier's gun
- March 18, 2017

A security operation was under way, with bomb disposal experts involved. Orly is Paris' second largest airport. The shooting comes after a similar incident last month at the Louvre Museum. France is now under a state of emergency following a series of attacks by Islamic State and al-Qaeda operatives over the past two years. Parts of the airport were evacuated and passengers were not allowed to board. (more...)
Premier Rachel Notley defends $10.3B budget deficit and higher debt Premier Rachel Notley defends $10.3B budget deficit and higher debt
- March 18, 2017

The budget forecasts the deficit will be $10.3 billion, half a billion dollars less than past year. Thanks to improving oil prices, increasing economic activity and the fact that major oilsands projects have now paid off their capital costs so they will pay more in royalties, the government expects its revenues will total $45 billion over the course of the year, which is 4.8 per cent higher than last year. (more...)
European Stocks Climb to 15-Month High on Fed Hike, Dutch Vote European Stocks Climb to 15-Month High on Fed Hike, Dutch Vote
- March 18, 2017

It was a quarter percent higher at $1.0720 per euro and flat at 113.39 yen. Although the US central bank delivered an interest rate increase on Wednesday as widely anticipated, it did not alter its earlier forecast for a total of three rate increases this year. (more...)
US Crude Supplies Down 1st Time in 10 Weeks US Crude Supplies Down 1st Time in 10 Weeks
- March 18, 2017

The decline could be traced to a combination of increasing United States oil production as well as a significant rise of 8.2 million barrels of crude oil inventories, which resulted in total stocks approaching record high levels. West Texas Intermediate crude for April delivery fell 11 cents to settle at $48.75 a barrel on the New York Mercantile Exchange. With 15 days left in the quarter, the firm expects its price forecast to land within $1 of the actual quarterly average. (more...)
Chinese Premier says no intention of devaluing yuan
- March 18, 2017

On the possibility of a trade war between China and the US, Li said- "We don't want to see any trade war breaking out between the two countries". Li said that "a closed-door policy or beggar thy neighbour approach will not make anyone the victor". (more...)
Bon-Ton averts delisting on Nasdaq Bon-Ton averts delisting on Nasdaq
- March 18, 2017

For the full fiscal year, Bon-Ton saw its net loss widen to $63.4 million, up from a net loss of $57.1 million in the previous year. The Company offers a range of brand-name fashion apparel and accessories for women, men and children. During the conference call, Bufano said profitability isn't the only factor in deciding which stores to shut down. 05/01/2015 - The Bon-Ton Stores, Inc. (more...)
Tar Heels seek redemption after loss in 2016 championship game Tar Heels seek redemption after loss in 2016 championship game
- March 18, 2017

The Tigers are clearly overmatched here but it's worth noting that Mike Davis, former IN coach, is leading the Texas Southern program. But Justin Jackson and the UNC frontcourt combined for a 16-0 run to give North Carolina an insurmountable lead. (more...)
Revenue Approximations Analysis: HCP, Inc. (HCP), NextEra Energy, Inc. (NEE)
- March 18, 2017

Foresters Investment Management Company Inc. maintained its position in NextEra Energy Inc (NYSE: NEE ) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). 01/04/2016 - NextEra Energy, Inc . had its " rating reiterated by analysts at Barclays. Enterprise Financial Services Corp now owns 4,718 shares of the company's stock worth $577,000 after buying an additional 31 shares during the period. (more...)
England set to re-write the history books in Dublin England set to re-write the history books in Dublin
- March 18, 2017

The quality of coaching at English academies is improving and the work between the Premiership clubs and the RFU is yielding the results needed to make the men in white a genuine force to be reckoned with once more. Schmidt said: "Personality-wise, Eddie and I are different". "The first was the shoulder and there was nothing I could have done about that at the end of last season". (more...)
SpaceX launches EchoStar XXIII satellite into space SpaceX launches EchoStar XXIII satellite into space
- March 18, 2017

Air Force has placed in our company and we look forward to working together towards the successful launch of another GPS III mission". Interestingly, SpaceX didn't even attempt to recover the first stage of its rocket for this launch. (more...)
Notre Dame, West Virginia renew former Big East rivalry Notre Dame, West Virginia renew former Big East rivalry
- March 18, 2017

With Thursday's win in its back pocket, West Virginia's focus shifts to continuing the season at least another game. The sophomore went to the locker room after taking an elbow from Princeton's Steven Cook while Cook was driving to the basket in their first round game. (more...)
Twitter to open up live streaming facilities to media firms Twitter to open up live streaming facilities to media firms
- March 18, 2017

According to a report from The Information , Twitter plans to expand its live video push by opening its live streaming API to additional partners... By focusing on streaming video, whether from sports leagues and traditional TV networks or from digital creators, Twitter is likely to run headlong into both YouTube and Facebook. (more...)

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