Finance

United States oil and gas 'resurgence' expected as global demand grows

United States oil and gas 'resurgence' expected as global demand grows Under its "New Policies Scenario", based on existing legislation and announced policy intentions relative to emissions and climate change, the oil price should continue to rise towards $83 a barrel by the mid-2020s. Crude has climbed lately to a two-year high around $57 USA a barrel in trading in NY, although it is not seen making much larger gains due to rising U.S. [Full Article...]

US Consumers Prefer Stores to Online Shopping for the Holidays

US Consumers Prefer Stores to Online Shopping for the Holidays But make sure your time and money are well spent. Any good battle plan requires reconnaissance - and we're here to help with some helpful hints and predictions. On Monday, Target released its Black Friday ad earlier than ever before. How much of that holiday shopping will show up on your credit card? The new deals include discounts on tablets, HD TV/DVD combos, Dyson vacuum cleaners, Amaz... [Full Article...]

Bombardier announces agreement with EgyptAir for up to 24 CS300 aircraft

Bombardier announces agreement with EgyptAir for up to 24 CS300 aircraft MONTREAL-Bombardier Inc. said its deal with Airbus has yet to ignite new sales discussions, but existing efforts have yielded results as the manufacturer announced a potential order with Africa's largest airline. The EgyptAir LOI also includes purchasing options for a further 12 CSeries that, if exercised, would increase the total value of the deal to almost $2.2 billion. [Full Article...]

The Tyson Foods Inc. (TSN) Cut to Sell at Vetr Inc

The Tyson Foods Inc. (TSN) Cut to Sell at Vetr Inc Vanguard Group Inc is the second biggest holder with 25 million shares now valued at 1.56 B million whilst State Street Corp has 14 million shares valued at 862.95 million. It has been assigned a low target price of $100 and a high target price of $160. (NYSE:TSN) rating on Monday, August 7. The stock has "Neutral" rating by Credit Suisse on Tuesday, November 24. [Full Article...]

Investor's Watch List: Marathon Petroleum Corporation (MPC)

Investor's Watch List: Marathon Petroleum Corporation (MPC) Kopernik Global Investors, LLC isn't the only one who has changed their investment in MRO . (BMRN) stock brought in a -$0.37 drop to $82.03. Companhia de Saneamento Basico (ADR) (NYSE:SBS) has risen 24.02% since November 13, 2016 and is uptrending. [Full Article...]

Amazon's AWS business is reportedly pulling out of China

Amazon's AWS business is reportedly pulling out of China Chinese regulators are strengthening the rules on foreign data and cloud services. In August 2016, Amazon signed a deal to let Chinese tech firm Sinnet operate services provided by Amazon Web Services (AWS) in China. Sinnet asked its customers earlier this year to stop using virtual private networks, which are able to circumvent China's Great Firewall. Some U.S. -based trade groups say that Chin... [Full Article...]

Oil Prices Dip Amid Rise in US Output

Speaking at the Abu Dhabi International Petroleum Exhibition Conference (ADIPEC), al-Mazroui said: "My prediction is OPEC will continue to do what it takes to rebalance the market", CNBC reported. The country's total exports declined by 9 per cent on a year-on-year basis in the first seven months of this year, to 197.08 million barrels from 216.46 million barrels. [Full Article...]

Saif Ali Khan gifts Taimur a swanky Jeep worth Rs 1.30 crore

Saif Ali Khan gifts Taimur a swanky Jeep worth Rs 1.30 crore Kareena Kapoor Khan and Saif Ali Khan's son Taimur turns one on December 20 but before that, it's Children's Day today and Daddy Saif has gifted him one swanky auto worth crore. Saif Ali Khan and Kareena Kapoor Khan are one of the power couples of Bollywood. I think I'll give him this vehicle. While the Kapoor family awaits the first birthday of Kareena Kapoor and Saif Ali Khan's son, ... [Full Article...]

Emirates orders 40 of the newest Dreamliners

Emirates orders 40 of the newest Dreamliners When talking to FlightGlobal about the new competition back in 2014, Emirates Airline president Tim Clark described the 787-10 as a "10h-capable" aircraft, and indicated a requirement for a widebody able to serve medium-range sectors from Dubai where the focus was on good economics rather than ultimate payload/range performance. [Full Article...]

Amazon is reportedly developing a free, ad-supported video streaming service

Amazon is reportedly developing a free, ad-supported video streaming service With all of this new competition hustling about, Amazon is trying to attract as big of a share of the viewing audience as possible, and pivoting toward a free ad-supported platform might be just the way to do it. While these issues, coupled with a washout at September's Prime Time Emmys, where streaming rival Hulu took home the best drama trophy for The Handmaid's Tale , leave Amazon in nee... [Full Article...]

Td Asset Management Inc Modifies Its Position in Home Depot (HD)

Td Asset Management Inc Modifies Its Position in Home Depot (HD) The firm earned "Hold" rating on Wednesday, August 23 by KeyBanc Capital Markets. In the last ninety days, insiders have sold 57,717 shares of company stock worth $8,916,321. On Tuesday, July 18 the stock rating was maintained by BMO Capital Markets with "Buy". Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Invest Mngmt Corporation holds 0.01% or 40,108 sha... [Full Article...]

CMA approves Tesco-Booker merger

A panel made up of CMA members found that after the companies "do not compete head-to-head in most of their activities". The CMA gave provisional clearance to the deal, finding that head-to-head competition in areas such as supplying the catering sector was now limited. [Full Article...]

SoftBank: No final agreement on Uber

If the new deal is closed, the SoftBank-led consortium will own about 14 percent stake in the ride-sharing pioneer, now valued at around US$68 billion. The SoftBank deal is critical for Uber because it will trigger significant governance reforms, which include moving to one vote per share and expanding the board size to 17. [Full Article...]

ITV plc (ITV) Earns Buy Rating from Shore Capital

ITV plc (ITV) Earns Buy Rating from Shore Capital Shore Capital maintained JD Sports Fashion PLC (LON:JD) on Thursday, May 18 with "Buy" rating. UBS maintained Microsoft Corporation (NASDAQ:MSFT) rating on Friday, October 21. The stock of Microsoft Corporation (NASDAQ:MSFT) earned "Outperform" rating by RBC Capital Markets on Friday, January 27. The firm has "Buy" rating given on Monday, July 17 by Whitman Howard. [Full Article...]

General Electric plans to slice quarterly dividend in half

General Electric plans to slice quarterly dividend in half It has underperformed by 21.16% the S&P500. Ranger International Management Lp increased its stake in Bce Inc (BCE) by 824.78% based on its latest 2017Q2 regulatory filing with the SEC. Private Wealth Prtnrs Llc accumulated 1.38% or 235,950 shares. It represents the number of a stock's shares that are being shorted by investors. 1St Source Bancorp stated it has 280,158 shares or 0.65% of all its... [Full Article...]

(KO) Stake Held by Mission Wealth Management LLC

(KO) Stake Held by Mission Wealth Management LLC With 733,000 avg volume, 2 days are for Coca-cola European Partners Plc (NYSE:CCE)'s short sellers to cover CCE's short positions. The stock declined 3.82% or $1.32 reaching $33.4 on the news. Out of 14 total analysts who were surveyed, 11 rated it hold, and 3 rated it a Strong Buy. BMO Capital Markets maintained The Coca-Cola Co (NYSE:KO) rating on Thursday, March 23. [Full Article...]

MCL injury to sideline Aaron Jones 3-6 weeks

MCL injury to sideline Aaron Jones 3-6 weeks Among the rushes were three Wildcat plays with receiver Randall Cobb taking the direct snap and rushing for minus-1, 6 and 3 yards on those plays. The Packers also may be without Montgomery, who reinjured his ribs on Sunday. Missing all six weeks would leave him available for Week 17 against the Detroit Lions. The Packers might just use fullback Aaron Ripkowski on passing downs if Montgomery c... [Full Article...]

Stock Traders Purchase High Volume of Call Options on Nektar Therapeutics (NKTR)

Stock Traders Purchase High Volume of Call Options on Nektar Therapeutics (NKTR) On November 8 Jefferies Group LLC kept the company rating at "Buy" with a current price target of $35.00. More interesting news about Nektar Therapeutics (NASDAQ: NKTR ) were released by: Streetinsider.com and their article: " Nektar Therapeutics (NKTR ) and Bristol-Myers Squibb ( BMY ) Report First Data ..." published on November 13, 2017 as well as Globenewswire.com's news article titled: "New... [Full Article...]

Shell further reduces its interest in Woodside

The announcement came after Perth-based company's stock closed at $32.24. Royal Dutch Shell is selling almost two-thirds of its stake in Woodside Petroleum , the largest independent energy group in Australia, for $1.7bn (£840m). In November 2010, Shell sold 10 percent of the issued capital of Woodside, bringing its stake down to 24.27 percent. After being diluted further because of a decisi... [Full Article...]

Gas Prices to Drop with Temps

Gas Prices to Drop with Temps The nationwide average price Sunday was 39.8 cents per gallon higher than the same date one year ago. The motor club reported in a news release Monday that there was an "unseasonable spike" in prices at the pump in the past week after a near two-month slide in the cost of a gallon of gas. [Full Article...]


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