Markets

OPEC May output highest since January

OPEC May output highest since January Crude stocks in the United States grew 3.3 million barrels to 513 million barrels, according to the US Energy Information Administration (EIA). Crude futures came under additional pressure on Thursday from signs of rising output in Libya and Nigeria, two OPEC members exempt from production cuts. [Full Article...]

Testimony of Ex-FBI Director Leaves Door Open to Speculation

Comey earlier Thursday testified to the Senate Intelligence Committee that he hopes there are recordings of his past talks with Trump. Comey built an arsenal of evidence, and in the past two days, he has deployed it with lethal intent. Questions raised by Comey leaking contents of his Trump memo " I was honestly concerned that he might lie about the nature of our meeting, so I thought it really... [Full Article...]

Police Have Arrested Another Suspect in Connection With the London Bridge Attack

Eight people were killed and dozens injured when three men launched a van and knife rampage on Saturday night. Zaghba visited her at her home near Bologna several times and in March 2016, after being stopped at Bologna airport, he was investigated for possible global terrorist activity but released, according to the newspaper. [Full Article...]

New Apple iMac Range Launches At WWDC 2017

New Apple iMac Range Launches At WWDC 2017 The upgraded variants of the iMac powerful desktop are created to offer improved performance. Apple has updated its iMac line with up to three times more powerful graphics, faster processors, Thunderbolt 3, faster storage options and brighter Retina displays, and added a Retina Ultra HD display and discrete graphics to the US$1,299 21.5-inch iMac . [Full Article...]

Havens Rally as Risk Events Stack Up; Oil Swings: Markets Wrap

Havens Rally as Risk Events Stack Up; Oil Swings: Markets Wrap There will be intense interest in what Comey might say about his conversations with U.S. President Donald Trump about an investigation into former National Security Advisor Mike Flynn, who was sacked for failing to disclose conversations with Russian officials. [Full Article...]

Constellation Brands, Inc. (STZ) EPS Estimated At $1.98

About 591,820 shares traded. It has outperformed by 0.50% the S&P500. Credit Agricole S A, France-based fund reported 3,619 shares. The company's stock had a trading volume of 1,190,238 shares. SunTrust has "Buy" rating and $190 target. Goldman Sachs maintained it with "Buy" rating and $180 target in Thursday, April 7 report. The collective rating of 2.2 for Biogen Inc. [Full Article...]

Parametric Portfolio Associates LLC Acquires 15449 Shares of Visteon Corp (VC)

James Investment Research Inc. acquired a new stake in Visteon Corp during the first quarter worth about $157,000. It helps investors in determining whether buying, selling or holding on to a stock would be beneficial for them. Coca-Cola (NYSE:KO) was just lowered by BMO Capital from the old Outperform rating to a Market Perform in analysts note revealed on Wednesday morning. [Full Article...]

Opko Health Inc. (OPK) Receives "Buy" Rating from Ladenburg Thalmann Financial Services

The short-interest ratio decreased to 14.1 and the percentage of shorted shares is 0.13% as of April 28. Also, Vice Chairman Jane Ph D. Hsiao acquired 40,000 shares of the firm's stock in a transaction that occurred on Wednesday, May 10th. If you are accessing this piece on another domain, it was illegally stolen and reposted in violation of United States & worldwide trademark & copyright laws. [Full Article...]

Apple doesn't need your personal information to succeed

Blaber said: " Apple's HomePod speaker casts fresh focus on Siri and will draw inevitable comparisons with the AI smarts of Amazon , Baidu, Google and others". Interestingly, Apple's smart speaker doesn't only respond to your voice but also to your touch. The HomePod is available in two hues, such as Black and White; and stands nearly 7-inches tall, with a 4-inch woofer placed at... [Full Article...]

Wall Street Consensus Watch on Energy Transfer Partners LP (NYSE:ETP)

Wall Street Consensus Watch on Energy Transfer Partners LP (NYSE:ETP) Analysts believe that we could see stock price minimum in the $17 range (lowest target price), allowing for another 2.16% jump from its current position. It worsened, as 64 investors sold ETP shares while 157 reduced holdings. Harvest Fund Advisors Ltd Liability Co reported 23.34 million shares. Assetmark has 67 shares. [Full Article...]

BA boss says he won't resign over IT meltdown

BA boss says he won't resign over IT meltdown Cruz told Sky News on Monday the problem started at 9:30 Saturday morning when "there was indeed a power surge that had a catastrophic effect over some communications hardware which eventually affected all the messaging across our systems". [Full Article...]

Yields trim gains, like German bonds, after European Central Bank cuts inflation forecast

Yields trim gains, like German bonds, after European Central Bank cuts inflation forecast While the Governing Council's tone provided a ray of light after years of battling to avert deflation, rates remain at a record low and there was no formal discussion on how to taper the 2.3 trillion-euro ($2.6 trillion) bond-buying program, despite two members raising the topic. [Full Article...]

Champions Trophy: India are not invincible, says Virat Kohli

Prior to the tournament, Sri Lanka captain Angelo Mathews joked that he had continuously asked Sangakkara to consider donning the Sri Lanka jersey again. "Asela's little cameo as well really won us the game at the end so it was a fantastic batting effort." India seemed to be in control after Shikhar Darwan scored 125, while Rohit Sharma and MS Dhoni made 78 and 63 respectively". [Full Article...]

Europe's central bank is done cutting rates

Europe's central bank is done cutting rates All told, eurozone growth during the first quarter was double that of the US, a welcome development for the central bankers at the ECB ahead of their latest policy decision Thursday afternoon in Tallinn, Estonia. The forecasts remain well below the central bank's inflation target of below but close to 2 percent, however, they were widely expected following a leak on Wednesday which preempte... [Full Article...]

Banco Bradesco SA (BBD) Sees Large Increase in Short Interest

The stock rose 0.21% or $0.1 reaching $47.8 per share. The volume of the particular stock is the shares bought and sold in a single trading day. Cara Therapeutics Inc (NASDAQ:CARA) has risen 206.00% since June 6, 2016 and is uptrending. Therefore 33% are positive. Analysts on average have given a price target of $8.48 to Banco Bradesco S.A. ( BBD ) stock. Bank of America upgraded Banco Brades... [Full Article...]

Britain may need to ask for delay to Brexit process: JPMorgan

Making a vote-by-vote pact with Northern Ireland's 10-seat DUP would still see the Conservatives just edge above the key 326 line in the House of Commons. Conservative MP Anna Soubry has described the election results as "dreadful" and a "disaster", questioning whether Prime Minister May should remain as leader. [Full Article...]

UK General Election Results Live

It was never meant to be a high-stakes gamble for Britain's risk-averse prime minister, but Theresa May's attempt to strengthen her leadership by calling an early election has instead left her authority in tatters. Corbyn also held on to his seat at Islington North in north London with a decisive margin and won over 40,086 votes, which he described as an "incredible" result and seemed to indicat... [Full Article...]

Weakened Government could undermine Brexit process, Budget Commissioner warns

When Ms May made her shock announcement on April 18th to call a General Election, she said it was "to make a success of Brexit ". "The electorate's split decision generates further uncertainty for business communities, who are already grappling with currency fluctuations, rising costs, and the potential impacts of Brexit ", he said. [Full Article...]

Key points as Comey begins Trump testimony

In today's testimony, Comey also explained how concerns about the judgment of the Obama Justice Department had motivated him to make the public statement in July 2016 regarding the status of the Clinton email investigation. "To some extent, I could buy that, because he isn't a politician of the sort we usually have", says Ms. O'Sullivan of Georgetown University. Former FBI Director James Comey ... [Full Article...]

Apple Refreshes the Entire MacBook Line Up, and I'm Pissed

Apple Refreshes the Entire MacBook Line Up, and I'm Pissed The good news is that there is no absolutely no change to the price. If that's not enough for you, Apple cut the price on the entry-level 13-inch MacBook Pro without the Touch Bar. The 21.5-inch iMac is now available in standard HD (1920x1080 pixels) LED-backlit display and a Retina 4K (4096x2304 pixels) display. The base 21.5-inch model will utilize Intel Iris Plus Graphics 640, while the mid-r... [Full Article...]


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