Markets

After a dry start Monday, winter weather makes a return this week

After a dry start Monday, winter weather makes a return this week Overnight lows will be chilly in the mid 40s. Temperatures will be falling like a rock because of the mostly clear skies and light winds. Clouds will return Monday ahead of a cold front that will push through early this week. As we get closer to the weekend , look for updates on the severe potential, if any, for this system. Thursday and Friday bring colder conditions and a potential free... [Full Article...]

United Kingdom vehicle sales fall again, with JLR down 15 per cent

United Kingdom vehicle sales fall again, with JLR down 15 per cent But the impact on sales due to the pressure being put on diesel-powered cars is clear, with sales down 23.5% for oil burning models. Although February is traditionally a quiet month for the auto industry ahead of the new number plate release , a 23.5% year-on-year fall in diesel registrations remains a large contributing factor for the fall. [Full Article...]

United Kingdom services sector growth picks up in February, survey shows

United Kingdom services sector growth picks up in February, survey shows The survey said prices rose at their fastest pace in seven months after a sharper hike in input costs forced services firms to transfer some of the inflationary pressure to customers. Williamson said he expected the economy to grow by 0.4 per cent in the first quarter, matching growth seen in the last three months of 2017. "Both activity and new work declined for the first time since November,... [Full Article...]

Booming US oil production expected to meet most of world's demand

Booming US oil production expected to meet most of world's demand The oil industry needs to quickly step up investment to meet rising demand as the booming United States shale sector will only be able to quench the global thirst for crude for the next two years, the International Energy Agency said today. [Full Article...]

Wynn Resorts (NASDAQ:WYNN) Stock Rating Reaffirmed by Roth Capital

TheStreet upgraded shares of Wynn Resorts from a "c+" rating to a "b-" rating in a report on Tuesday, December 12th. It has outperformed by 20.93% the S&P500. Moreover, Rocky Mountain Advisers Ltd Liability Corporation has 0.06% invested in The Allstate Corporation (NYSE:ALL). (NYSE:DSW). Thrivent For Lutherans reported 161,460 shares. [Full Article...]

Exxon Mobil (XOM) Earns "Sell" Rating from HSBC

Exxon Mobil (XOM) Earns Btc Capital Management Inc who had been investing in Exxon Mobil Corp for a number of months, seems to be bullish on the $331.83B market cap company. About 16.94M shares traded or 25.14% up from the average. It also reduced its holding in Vanguard Intl Equity Index F (VEU) by 7,327 shares in the quarter, leaving it with 55,348 shares, and cut its stake in Claymore Exchange Trd Fd Tr (BSJH). [Full Article...]

'Great Bitcoin Heist': 600 Cryptocurrency Mining Computers Stolen in Iceland

'Great Bitcoin Heist': 600 Cryptocurrency Mining Computers Stolen in Iceland Some 600 bitcoin mining computers have been stolen in Iceland, in what is being described as one of the biggest thefts ever in the small island nation. With the growing popularity of cryptocurrencies, there have been increasing reports about the growing online theft and funds being stolen from the wallets of the crypto account holders. [Full Article...]

Investment Research Analysts Opinion: Blackstone Mortgage Trust, Inc. (BXMT), MaxLinear, Inc. (MXL)

It has underperformed by 4.59% the S&P500. Gvo Asset Management Ltd increased its stake in Blackstone Mtg Tr Inc ( BXMT ) by 10.41% based on its latest 2017Q3 regulatory filing with the SEC. It also reduced its holding in Huntington Bancshares Inc (NASDAQ:HBANP) by 248 shares in the quarter, leaving it with 4,168 shares, and cut its stake in Vanguard Index Fds (VOE). [Full Article...]

Axa strikes $15.3bn deal for XL Group

Axa strikes $15.3bn deal for XL Group XL had also attracted interest from competitors including Germany's Allianz SE. Axa is to offer $57.60 per share for XL Group, an increase of 33 percent on the target company's closing share price on Friday (2 March). Completion of the transaction is subject to approval by XL Group shareholders and other customary closing conditions, including the receipt of required regulatory approvals, and ... [Full Article...]

European Union could reject Theresa May's soft border proposals, Tanaiste says

She said she hoped to secure a tailor-made free trade deal that would include financial services and said Britain would aim for associate membership of European Union agencies covering chemicals, medicines and aerospace. But May also said a mutually beneficial future relationship is possible, and she urged European Union leaders to work with her to deliver a "bold and comprehensive economic part... [Full Article...]

China's 2018 defense spending up 8.1%

China's 2018 defense spending up 8.1% The focus on creating a more potent fighting force has seen Beijing pour cash into projects such as a second aircraft carrier, integrating stealth fighters into its air force and fielding an array of advanced missiles that can strike air and sea targets from long distances. [Full Article...]

March 4 marks first Sunday of legal alcohol sales in Indiana

March 4 marks first Sunday of legal alcohol sales in Indiana Liquor stores across Evansville had a constant flow of people celebrating the milestone, taking advantage of the day many have been waiting for. Holcomb said the change is about giving consumers more choices. "It's making our lives here at Baesler's easier because we've always had customers that come in to buy their alcohol on a Sunday and unfortunately we're having to tell them they can not purch... [Full Article...]

Gary Lineker Perfectly Sums Up Lionel Messi's Brilliance

And for the cherry on top: It was Messi's 600th career goal and it gave Barca an eight-point lead in the standings. Mina has made just two appearances for Barcelona going into today's top-of-the-table La Liga showdown with Atletico Madrid though. [Full Article...]

Andeavor (ANDV) & NGL Energy Partners (NGL) — The Critical Survey

NGL Energy Partners (NYSE:NGL) last announced its quarterly earnings data on Friday, February 9th. It has outperformed by 21.43% the S&P500. Private Advisor Group Llc sold 170 shares as Priceline Grp Inc (PCLN)'s stock rose 10.44%. Pinnacle Limited Company invested 1.47% in NGL Energy Partners LP (NYSE:NGL). The oil and gas company reported $0.32 EPS for the quarter, beating the Thomson Reuters' c... [Full Article...]

China to raise defence budget by 8.1% in 2018

China to raise defence budget by 8.1% in 2018 The present Foreign Minister, Wang Yi, might take over as the State Councillor, which also means that China will have a new foreign minister. During the talks, Liu called for concerted efforts to expand economic and trade cooperation, as well as to settle hard issues and seek a dynamic balance in bilateral economic and trade ties. [Full Article...]

Starbucks (SBUX) Given Daily News Sentiment Rating of 0.06

The company's stock had a trading volume of 11,555,132 shares, compared to its average volume of 13,960,000. Starbucks Corporation (NASDAQ: SBUX ) has risen 12.48% since March 4, 2017 and is uptrending. The Missouri-based Confluence Mgmt Limited Liability Corp has invested 0.75% in Starbucks Corporation (NASDAQ:SBUX). Starbucks (NASDAQ:SBUX) last posted its quarterly earnings results on Thursday... [Full Article...]

BP Midstream Partners (BPMP) Receiving Somewhat Favorable News Coverage, Study Shows

Front Barnett Associates Llc who had been investing in Amazon.Com Inc for a number of months, seems to be bullish on the $726.28 billion market cap company. Martin Midstream Partners L.P.is a limited partnership with a set of operations focused in the United States Gulf Coast region. The firm has "Sell" rating by Zacks given on Friday, August 21. [Full Article...]

2-year-old dies after mirror falls on her at Payless store

2-year-old dies after mirror falls on her at Payless store Police investigators said the death appears to be an accident. Iftkhar said the family doesn't want to see another child hurt, and communications with anyone at the retail chain has been limited. The family of two-year-old Ifrah Siddique gathered around the Payless parking lot Saturday afternoon. Latisha Culpatrick, an employee at the Metro PCS store next door to the Payless where the girl was... [Full Article...]

Trump threatens tax on European Union cars

Trump threatens tax on European Union cars The European Commission has said it would respond "firmly" to proposed USA import duties of 25 percent on steel and 10 percent on aluminium. "The EU is preparing import duties for United States products including Harley-Davidson, Bourbon and Levi's jeans", his spokeswoman quoted him as saying on Twitter . [Full Article...]

Trump's import duty plan on steel & aluminum can hurt economy, warns International Monetary Fund

Trump's import duty plan on steel & aluminum can hurt economy, warns International Monetary Fund Navarro". If more and more countries put up tariffs on goods coming into their territory, that could push up prices for consumers and depress global trade, which has helped spur recent growth in many major economies around the world. But Trump believes that this is a reflection that importers take advantage of weak US trade policies. This resulted in aluminum nearing a two-year high at 1... [Full Article...]


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