Markets

Oil Prices Drop 2% Following Rally Last Week

Oil Prices Drop 2% Following Rally Last Week Brent crude futures lost 2%, or US$1.07, at US$51.65 a barrel as of 12:01pm EDT (1601 GMT), after surging more than 3% on Friday. U.S. West Texas Intermediate (WTI) crude futures were at $48.47 a barrel, down 4 cents, or 0.1 percent. -Investors are weighing evidence of some slight declines in global stockpiles as well as a decline in the USA rig count, though investors appear unconvinced yet that ... [Full Article...]

Gas Prices Down a Bit in Northern New England

Gas Prices Down a Bit in Northern New England Average gasoline prices in the United States slipped last week, declining 2 cents a gallon to $2.32 as oil prices failed to return above the $50 a barrel level, according to online gas price provider GasBuddy. The national average price for regular unleaded was $2.33, AAA reported, down 2 cents over the week. This compares with the national average, which has fallen 2.4 cents in the last week to $... [Full Article...]

Leeds United former star against selling their star striker

Leeds United former star against selling their star striker The Sky Bet Championship club's manager Thomas Christiansen confirmed on Saturday that Burnley's offer for the New Zealand worldwide had been accepted. Leeds are set to take on Sunderland at the Stadium of Light this evening but Wood insists he is not in the right frame of mind to play. "I wish the team all the best and hope the lads can pick up the three points". [Full Article...]

BHP triples dividend as profit surges to $8.5 billion

BHP triples dividend as profit surges to $8.5 billion Want to see what other hedge funds are holding BHP? BHP said it had determined its onshore U.S. shale operations were "non-core" to the business and it was "actively pursuing options to exit these assets for value". Mackenzie says world economic growth is likely to be close to the top of the anticipated range of 3% to 3.5% in the 2017 calendar year. BHP has also deflected Elliott criticism... [Full Article...]

Ford launches scrappage scheme offering at least £2000 for any brand

Ford launches scrappage scheme offering at least £2000 for any brand Following other brands' decisions to extend their scrappage schemes to the United Kingdom, the initiative aims to get older, dirtier vehicles off the road in the latest push by the Government and the auto industry to improve the UK's air quality. [Full Article...]

Relative Strength Index for The Coca-Cola Company (KO) is at 51.8

Alpha Windward Limited Liability Com holds 7,591 shares or 0.21% of its portfolio. A number of other large investors also recently made changes to their positions in KO. Coca-Cola Company (The)'s dividend payout ratio is presently 154.17%. WARNING: This piece was originally reported by Markets Daily and is the sole property of of Markets Daily. [Full Article...]

Merck executive resigns from president's council, and Trump lashes out

Merck executive resigns from president's council, and Trump lashes out Within an hour of Merck announcing Frazier's withdrawal, Trump retorted on Twitter, "Now that Ken Frazier of Merck Pharma has resigned . he will have more time to lower ripoff drug prices! ". In February, former Uber CEO Travis Kalanick had been the first to quit Trump's business advisory council after intense backlash after Trump first announced a travel ban that applied to people from mostly ... [Full Article...]

Shell Midstream Partners LP

Shell Midstream Partners LP Asset Management Advisors Llc bought 31,777 shares as the company's stock declined 17.26% while stock markets rallied. The Valiant Capital Management Lp holds 698,300 shares with $80.88 million value, down from 4.77 million last quarter. About shares traded. Summit Midstream Partners LP (NYSE:SMLP) has risen 6.71% since August 21, 2016 and is uptrending. JP Morgan initiated it with "Overweight" ra... [Full Article...]

Analyst Opinion Summary: Anadarko Petroleum Corporation (APC), Hecla Mining Company (HL)

The stock has "Buy" rating by Stifel Nicolaus on Thursday, December 1. The hedge fund held 1.26M shares of the oil & gas production company at the end of 2016Q4, valued at $87.87 million, up from 1.11 million at the end of the previous reported quarter. [Full Article...]

Energy Transfer Equity, LP (ETE) Short Interest Update

ETE has been the topic of a number of analyst reports. Amalgamated Retail Bank holds 0.01% of its portfolio in Denbury Resources Inc. It fall, as 57 investors sold TDC shares while 121 reduced holdings. 116 funds opened positions while 398 raised stakes. Analysts have a mean recommendation of 2.10 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 ran... [Full Article...]

Analytical Guide for Exxon Mobil Corporation (XOM), Altaba Inc. (AABA) Stakeholders

It has underperformed by 25.78% the S&P500. Manpowergroup (NYSE:MAN) had an increase of 12.72% in short interest. Stockholders of record on Monday, August 14th will be issued a dividend of $0.77 per share. Barclays Capital maintained the shares of XOM in report on Tuesday, January 12 with "Equal Weight" rating. Wall Street Access Asset Ltd Liability Co stated it has 2.21% in Exxon Mobil Corporat... [Full Article...]

Public sector banks may go on strike: How does it affect you

Public sector banks may go on strike: How does it affect you But government so far has desisted from such methods, he added. The UFBU made a decision to proceed with the proposed strike on 22 August as the attempt to hammer out a solution to the demand raised by the union bore no fruit. He also suggested that banks should not pass on the burden of corporate NPAs on bank customers by hiking charges. As announced earlier, almost a million employees an... [Full Article...]

Mizuho Begins Coverage on El Paso Electric Company (EE)

The company is expected to report earnings of $0.51 a share for the next quarter. The company has market cap of $435.30 million. Shares of the company are trading at $24.43 significantly lower than $25.95, the stock's 50 day moving average and much lower than the 200 day moving average of $28.34. [Full Article...]

Herbalife Ltd. (NYSE:HLF) has analysts on the Bullish side this week

Herbalife Ltd. (NYSE:HLF) has analysts on the Bullish side this week Tigress Financial maintained Herbalife Ltd . (NYSE: HLF ) on Thursday, August 3 with "Buy" rating. The volume of 0.77 Million shares climbed down over an trading activity of 1.08 Million shares. During the same period a year ago, the business posted $1.29 EPS. The current consensus recommendation provided by covering analysts is 2.40. COPYRIGHT VIOLATION NOTICE: This piece was originally publis... [Full Article...]

Parthenon Claims $5.60 M Worth Of Stake in International Business Machines Corporation

Therefore 47% are positive. Since May 16, 2017, it had 1 buy, and 0 selling transactions for $263,180 activity. The average 1-year price target for (IBM) reveals an average price target of $160.65 per share. Jacobs Levy Equity owns 15,050 shares or 0.04% of their USA portfolio. Tiaa Cref Investment Ltd Company stated it has 0.01% of its portfolio in ICU Medical, Incorporated (NASDAQ:ICUI). [Full Article...]

Solar Eclipse To Cost US Nearly $700M In Lost Productivity

Solar Eclipse To Cost US Nearly $700M In Lost Productivity If you take 87 million estimated workers, subtracting the cost of 20 minutes of unproductive time from the average hourly wage of $23.86, you get a figure of $7.95 per worker for those 20 minutes. Experts are warning businesses to expect increased absenteeism as millions of people are projected to travel to see the eclipse or take a break from work, which will cause productivity to plummet. [Full Article...]

JP Morgan Chase & Co Lowers Foot Locker, Inc

JP Morgan Chase & Co Lowers Foot Locker, Inc Yesterday Foot Locker (NYSE:FL) traded -27.92% lower at $34.38. Zacks Investment Research lowered shares of Foot Locker from a "buy" rating to a "hold" rating in a research note on Monday, April 24th. corporate executives has an ownership of 1.73% of the firms stock. Stockholders of record on Friday, October 13th will be given a dividend of $0.31 per share. [Full Article...]

Hyundai Introduces New Fuel-Cell Electric SUV

Hyundai Introduces New Fuel-Cell Electric SUV Although Hyundai has yet to name the new model, it promises increased range, performance, and durability over the outgoing ix35 Fuel Cell, known as the Tucson Fuel Cell here in the U.S. The Kona is the newest SUV from Hyundai and it is also one that is eye-catching. Dubbed as the Santa Cruz, the pickup truck is confirmed to come out next year and new evidence is pointing to a design language t... [Full Article...]

Securities Analyst Recommendations: Electronic Arts Inc. (EA), Molson Coors Brewing Company

Securities Analyst Recommendations: Electronic Arts Inc. (EA), Molson Coors Brewing Company About 434,520 shares traded. Molson Coors Brewing Company (NYSE: TAP ) struggling side by side to strengthen its position in stock market. It has underperformed by 20.15% the S&P500. FBN Securities maintained the shares of MSFT in report on Wednesday, July 20 with "Outperform" rating. On Wednesday, March 23 the stock rating was initiated by SunTrust with "Neutral". [Full Article...]

LP Invests $7.17 Million in Bank of America Corporation (BAC)

LP Invests $7.17 Million in Bank of America Corporation (BAC) The Pennsylvania-based Hudock Capital Group Llc has invested 0.29% in the stock. The Castleark Management Llc holds 275,800 shares with $6.10M value, up from 110,000 last quarter. Mitchell Mcleod Pugh Williams Inc reported 29,269 shares. Moreover, Torray Lc has 1.96% invested in Bank of America Corp (NYSE:BAC) for 834,962 shares. [Full Article...]


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