Markets

Nirmala Sitharaman is Defence Minister of India, Goel gets Railways

Nirmala Sitharaman is Defence Minister of India, Goel gets Railways Dharmendra Pradhan was promoted as oil and gas minister. This Cabinet expansion and reshuffle is being done for the development, good governance and for uplifting the weaker sections of the society. Piyush Goyal has been the Minister of State for Finance, Nirmala Sitharaman has been one of the party's chief spokespersons. With his promotion, Naqvi, who is holding charge of Minority and Parli... [Full Article...]

Modi reshuffles cabinet: A fulltime woman Defense Minister

Modi reshuffles cabinet: A fulltime woman Defense Minister While Indira Gandhi was additionally the Prime Minister of India when she took charge as the Defence Minister, Sitharaman has been entrusted with complete responsibility of the Ministry. Piyush Goyal has been the Minister of State for Finance, Nirmala Sitharaman has been one of the party's chief spokespersons. Parrikar, who served as Defence Minister from 2014 to 2017, returned to state p... [Full Article...]

Liam Payne says Cheryl tells him off for discussing their personal life

Liam Payne says Cheryl tells him off for discussing their personal life Payne's comments came as he performed to a small audience marking the launch of Voxi, a new mobile service created to give people under the age of 25 fast and easy access to social media apps. A source said: " Cheryl totally looks up to Beyonce and loved seeing her at the gym with Jay Z. She immediately suggested a joint workout plan with Liam, as she thinks it's an excellent way to not only kee... [Full Article...]

Colonial Pipeline Partially Shuts Down

Colonial Pipeline Partially Shuts Down The jump came after the Colonial Pipeline, the biggest USA fuel system, said it would shut its main lines to the Northeast by today, hit by outages at pumping points and lack of supplies from refiners. Sitton encouraged them to take note of any suspected hikes. Governor Roy Cooper signed an executive order Thursday to protect driver's from price gouging and sure up supply. [Full Article...]

Inc. Takes Position in Valeant Pharmaceuticals International, Inc. (VRX)

It has underperformed by 65.21% the S&P500. Private Management Group Inc owns 680,351 shares. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink . on Tuesday, March 14. More notable recent Valeant Pharmaceuticals Intl Inc (NYSE:VRX) news were published by: Seekingalpha.com which released: "Valeant: A Clear Sell" on Septem... [Full Article...]

Fossil Group, Inc. (NASDAQ:FOSL) Quarterly EPS Analysis

Fossil Group, Inc. (NASDAQ:FOSL) Quarterly EPS Analysis The short ratio in the company's stock is documented at 4.79 and the short float is around of 33.07%. SG Americas Securities LLC owned about 0.31% of Fossil Group worth $1,578,000 as of its most recent filing with the SEC. The company had Year Ago Sales of 737.99 Million. For the current quarter Fossil Group Cmn Stk ( NASDAQ :FOSL) has high EPS estimates of $-0.05 in contradiction of low EPS estim... [Full Article...]

Valero says pipeline blocking bid to ship more fuel after Harvey

Valero says pipeline blocking bid to ship more fuel after Harvey Running from the Houston area to NY harbor, it includes more than 5,500 miles of pipeline, most of it underground, and provides almost 40 percent of the South's gasoline. "Harvey is driving cracks to the sky", said Bjarne Schieldrop, chief commodities analyst at SEB AB in Oslo. Oil production is also taking a hit. The more-active October contract is up 9.3 percent. [Full Article...]

ND oil not feeling pain from hurricane - yet

ND oil not feeling pain from hurricane - yet The 459,000-bpd Galveston Bay Refinery in Texas City, Texas , 45 miles (72 km) south of Houston, has flooding in its tank farm and on nearby streets, the sources said. Under the exchange, 400,000 barrels of sweet crude and 600,000 barrels of sour crude oil will be sent via pipeline from an SPR cavern in Louisiana to the refinery. [Full Article...]

German cities evacuating residents before bomb disposals

German cities evacuating residents before bomb disposals A security perimetre of 1.5 km was set up around the area where the bomb was found on August 29 near Goethe University in Westend, which is home to the Bundesbank (Central Bank of Germany), police headquarters, the headquarters of Hesse radio and television broadcasting, Palmengarten botanical gardens, two hospitals and 20 retirement homes. [Full Article...]

Pacad Investment Ltd. Sells 18790 Shares of Archer-Daniels-Midland Company (ADM)

Argus lowered Archer-Daniels-Midland from a "buy" rating to a "hold" rating in a report on Thursday, June 1st. The company was maintained on Thursday, August 10 by Piper Jaffray. Clearbridge Investments Ltd holds 17,504 shares or 0% of its portfolio. About 258,623 shares traded. First Midwest Bank & Trust Trust Division holds 29,847 shares. [Full Article...]

USA gasoline prices surge to new high in wake of Hurricane Harvey

USA gasoline prices surge to new high in wake of Hurricane Harvey Jeanette Casselano, a spokeswoman at AAA , said gas prices were expected as far back as July to rise over Labor Day weekend . AAA said gas prices have already jumped an average of.10 cents a gallon in the last week, and that's only expected to rise. [Full Article...]

'I'm here for the long term,' British Prime Minister May says

'I'm here for the long term,' British Prime Minister May says Despite the excitement now greeting her latest remarks, this remains her position. But Tory critics said it would be hard for her to continue after the election this year which saw her lose her majority. She'll need to make it clear that she has indeed learnt her lesson in her Tory party conference speech in October. On Wednesday, Tory lawmaker James Cleverly welcomed May's comments. [Full Article...]

South Korea wants greater missile power in face of North Korean threats

South Korea wants greater missile power in face of North Korean threats The Russian president said that focusing exclusively on pressuring North Korea to give up its missile program is "misguided and futile". State-run media in North Korea says North Korean leader Kim Jong Un "watched an H-bomb to be loaded into new ICBM". [Full Article...]

Gas Prices Set for Temporary Rise

Gas Prices Set for Temporary Rise The global benchmark brent crude contracts for November delivery dipped 0.15% to $52.77 a barrel. Motiva's massive Port Arthur refinery, the largest in the US, shut down on Wednesday due to "increasing local flood conditions", while Valero also closed its Port Arthur refinery on Wednesday. [Full Article...]

Gas prices in IL, country increase because of Harvey

Gas prices in IL, country increase because of Harvey Its operator was forced to shut the main diesel line late Wednesday and planned to halt its gasoline line Thursday, meaning motorists from ME to Florida may soon see higher prices at the pump. Texas Railroad Commissioner Ryan Sitton said panic-buying is causing a run on gas and empty fuel pumps. The IEA members' reserves include both crude and refined products, which can be deployed in respo... [Full Article...]

Harvey, holiday weekend send gas prices higher in AZ

Harvey, holiday weekend send gas prices higher in AZ Until the spike following Harvey, Buffalo's gas prices were relatively stable. On the first day of September, the average had risen to $2.42. Gas prices in Chicago have hit a new high for the year. Prices are rising across the country in the aftermath of Harvey. The automotive group said the national average was $2.51 per gallon amid refinery and pipeline shutdowns caused by the storm. [Full Article...]

AAA: Gas prices in Kansas starting to feel Harvey's effects

AAA: Gas prices in Kansas starting to feel Harvey's effects Refineries were forced to shut operation in severe weather. The U.S. Energy Department said Thursday it would release 500,000 barrels of crude oil from the Strategic Petroleum Reserve , as Harvey's disruption of the petroleum industry had spiked motor fuel prices. [Full Article...]

Strong data boosts yields, dollar; stocks edge higher

Strong data boosts yields, dollar; stocks edge higher Oil prices were upended as flooding and damage from Tropical Storm Harvey shut almost a quarter of US refinery capacity, curbing demand for crude. European stocks are likely to open higher on Wednesday as tensions around North Korea ebbed somewhat and the fiercest hurricane to hit the United States in 13 years finally began to move away from Houston. [Full Article...]

India slashes import of Nigeria crude oil

India slashes import of Nigeria crude oil The National Weather Service's 4 a.m. update reports Harvey make its second US landfall near Cameron, Louisiana, in the pre-dawn hours of Wednesday.The storm continued moving to the NNE (30 degrees) at 7 mph with maximum sustained winds of 45 mph. [Full Article...]

New York AG warns against gas price gouging after Harvey

New York AG warns against gas price gouging after Harvey One Chevron station in downtown Dallas that sold regular gas for $2.29 a gallon just before the storm was charging $2.99 on Thursday. Gas is in short supply in Texas after Hurricane Harvey caused massive flooding across the southeast part of the state. [Full Article...]


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