Markets

Oil futures climb 1 percent after United States stockpile draw

Brent crude futures were down 61 cents at $50.02 per barrel by 2:00 p.m. (1800 GMT), while U.S. West Texas Intermediate crude futures fell 62 cents to $47.74 per barrel. The July WTI crude oil price range for May is $44.13 to $52.00. Crude stockpiles were down to 6.4 million barrels in the week to May 26, beating analyst expectations for a decrease of 2.5 million barrels. [Full Article...]

Analyst Projections in Review for EnLink Midstream, LLC (NYSE:ENLC)

It closed at $17.75 lastly. It is down 1.69% since June 12, 2016 and is downtrending. It has underperformed by 18.39% the S&P500. During its last trading session, Stock traded with the total exchanged volume of 0.66 million shares. Therefore 43% are positive. The firm earned "Buy" rating on Thursday, June 1 by Jefferies. Morgan Stanley has "Underweight" rating and $69 target. The firm earned "Hold... [Full Article...]

Donald Trump Looks to Overhaul the FAA by Privatizing Air Traffic Control

Donald Trump Looks to Overhaul the FAA by Privatizing Air Traffic Control President Trump said his plan to reform the country's air traffic control system will save money, but a study released previous year predicts a 20 to 29 percent increase in operational costs over the next decade if the system is privatized . [Full Article...]

Gymboree files for bankruptcy protection to reduce debt

Gymboree files for bankruptcy protection to reduce debt The company was not announced if any of Utah's 13 stores and outlets may close. It operates 582 Gymboree stores, 172 outlets, 378 value-focused insane 8 stores and 149 upscale Janie and Jack stores worldwide. His permanent replacement, Daniel Griesemer, was appointed May 22. Gymboree said 35 percent of its 1,300 stores are leased from GGP Inc. and Simon Property Group Inc. [Full Article...]

Puerto Rico Overwhelmingly Say Yes To Statehood But Will Congress Approve?

Almost half a million Puerto Ricans have moved to the US mainland in the past decade to find jobs and a more affordable cost of living as the island of 3.4 million people also struggles with a 12 percent unemployment rate. Rossello had requested that the federally appointed oversight board trigger Title III of the Promesa Act, a court-supervised debt restructuring similar to bankruptcy, in order t... [Full Article...]

New Images Show Possible Front, Rear iPhone 8 Panels

New Images Show Possible Front, Rear iPhone 8 Panels Apple's upcoming iPhone lineup for 2017 is looking more and more anticipated as each and every rumor, report, and leak surface. Along with the supposed iPhone 8 parts, the leaker on Reddit also posted pictures of rear shells for the iPhone 7s and iPhone 7s Plus. [Full Article...]

Crown says employees detained in China have been charged

Crown says employees detained in China have been charged The three Australians, Malaysian Alfread Gomez and fourteen Chinese nations were arrested on October 13 and 14 previous year in coordinated police raids across several Chinese cities, amid a widespread government anti-corruption drive. The Australians detained are members of Crown's sales and marketing team. "As the matter is now before the court, no further comments will be made", Crown added. [Full Article...]

White House, intel chiefs want to make digital spying law permanent

White House, intel chiefs want to make digital spying law permanent It's a new twist for a hearing Wednesday that was set to be dominated by questions about the Russian Federation investigation. While Mr. Coats was firm in his denial of ever feeling pressured by the White House , he implied he could only provide more details of his White House conversations in a non-public meeting. [Full Article...]

Callon Petroleum Co Sentiment Improves on Better Stock Potential

During the 52-week trading session the minimum price at which share price traded, registered at $3.87 and reached to max level of $11.39. AK Steel Holding Corporation (NYSE: AKS ), dropped -0.95% and closed at $6.24 in the last trading session. [Full Article...]

The Lgo Energy PLC's (LGO) Buy Rating Reaffirmed at VSA Capital

The Lgo Energy PLC's (LGO) Buy Rating Reaffirmed at VSA Capital Bokf Na holds 5,007 shares or 0.01% of its portfolio. Ameriprise holds 0% or 11,777 shares. Peak6 Invests L P reported 1,186 shares. AstraZeneca PLC (AstraZeneca) is a biopharmaceutical company. 12/10/2016 - Bodycote had its "Buy" rating reiterated by analysts at Canaccord Genuity. The company was maintained on Monday, January 30 by Panmure Gordon. [Full Article...]

Protesters Demonstrate Against British PM, Theresa May

Protesters Demonstrate Against British PM, Theresa May Foster will attending Downing Street on Tuesday for talks with the Conservative leader as work continues to establish a stable government in the aftermath of the bombshell General Election results. With 649 of 650 seats in the House of Commons declared, May's bruised Conservatives had 318 - short of the 326 they needed for an outright majority and well down from the 330 seats they had before the... [Full Article...]

Merkel congratulates Macron, calls election result 'strong vote for reforms'

The far-right National Front party secured 13.1 percent, and the Socialist Party and a grouping of left-wing parties only managed nine percent. Polling agencies projected that Macron's party would win more than 400 of the 577 seats in the National Assembly in the second-round vote June 18. [Full Article...]

Emerson Electric Company (EMR) Stake Cut by Usca Ria LLC

Lourd Capital LLC raised its stake in Emerson Electric Company (NYSE: EMR ) by 0.4% during the first quarter, according to its most recent disclosure with the SEC. Sprott Incorporated reported 880,800 shares. More interesting news about General Electric Company (NYSE:GE) were released by: Seekingalpha.com and their article: "General Electric-Baker Hughes Merger Approved By EU Regulators" publish... [Full Article...]

Police release images of London attacker's fake explosive belts

The belts were still attached to the men when they were fatally shot. "One possibility is Butt had considered targeting the tennis tournament", but chose to speed up the plot, UK Police said. "It could be that they had plans to take the attack in to a siege situation or it might be that they saw it as protection from being shot themselves", Haydon said. [Full Article...]

What Do Analysts Say About WPX Energy, Inc. (WPX)

WPX Energy Inc (NYSE:WPX) has risen 29.74% since June 7, 2016 and is uptrending. It has outperformed by 13.04% the S&P500. The recommendation scale measures the value from 1 to 5, where 1 means "Buy" and 5 stands for "Sell". Credit Suisse Group AG started coverage on WPX Energy in a research report on Thursday. The oil and gas producer reported ($0.15) earnings per share for the quarter, topping t... [Full Article...]

Corning Incorporated (NYSE:GLW) Reviewed By Analysts

Corning Incorporated (NYSE:GLW) Reviewed By Analysts TCW Group Inc. increased its position in Corning by 6.1% in the fourth quarter. Mirador Cap Ptnrs LP invested in 10,912 shares or 0.21% of the stock. Texas Permanent School Fund lowered its position in Corning Incorporated (NYSE: GLW ) by 4.8% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. [Full Article...]

US forces help Duterte fight Isis in Philippines

Forty other marines were wounded, Herrera said. Online, Filipinos joined the Philippine government in remembering the fallen security forces. At least 138 militants and 20 civilians had also been killed, the government said. The move comes as a surprise given the strained relationship between the two countries. Duterte declared martial law in Mindanao after Islamist fighters allied wit... [Full Article...]

SciClone Pharmaceuticals, Inc. (NASDAQ:SCLN) Sees the Tape Move 12.44%

The stock closing price is now trading upward to its 50 day moving average with change of 11.80%, escalated to its 20 day moving average with figure of 12.28% and above its 200 day moving average with value 8.82%. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website . The insider now directly owns 92,526 shares worth $1,008,533. [Full Article...]

Veggies, pulses drag inflation to record low of 2.18 pc in May

Power generation rose by 5.4 per cent in April, down from 14.4 per cent expansion in April past year. The pace of expansion, however, was slower than a revised 3.8 percent annual rise in March and compared with a 3.0 percent growth forecast by economists in a Reuters poll. [Full Article...]

Cisco Systems, Inc. (CSCO) Given Consensus Recommendation of "Buy" by Analysts

Insiders sold 371,807 shares of company stock valued at $12,668,893 over the last ninety days. The stock declined 0.32% or $0.1 reaching $31.27 on the news. Pacific Crest reaffirmed an "overweight" rating and set a $33.00 price target (down previously from $34.00) on shares of Cisco Systems in a research report on Friday. [Full Article...]


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