Economy

Economy Oil prices climb off 10-month lows as United States stockpiles drop
Author: 0 Oil prices climb off 10-month lows as United States stockpiles drop

This is while the price for July futures of West Texas Intermediate ( WTI ) has dropped by 0.11 percent and stood at $43.46 per barrel. Libya and Nigeria , both of which are exempt from cuts announced last month by Opec, have announced increases in supply , raising fears of excess capacity.

Economy Marathon Oil Corporation (MRO) Stake Lowered by NEXT Financial Group Inc
Author: 0 Marathon Oil Corporation (MRO) Stake Lowered by NEXT Financial Group Inc

ViaSat, Inc. (NASDAQ:VSAT) has declined 11.76% since June 21, 2016 and is downtrending. Needham Investment Management Llc decreased Hess Corp (NYSE:HES) stake by 33,500 shares to 44,750 valued at $2.79 million in 2016Q4. Therefore 75% are positive. ViaSat had 10 analyst reports since October 13, 2015 according to SRatingsIntel. The stock has "Equal-Weight" rating by Morgan Stanley on Tuesday, January 12.

Economy House Dems question Flynn disclosures of Middle East travel
Author: 0 House Dems question Flynn disclosures of Middle East travel

They also point to Flynn's June 10, 2015, testimony before a House Foreign Affairs subcommittee. According to a Newsweek report published earlier in June, Flynn traveled overseas in June 2015 to work on a "joint U.S". The congressmen sent the letter to the Flynn Intel Group, X-Co Dyanmics Inc/IronBridge Group Inc, and ACU Strategic Partners, all of whom the letter says were involved with Flynn and the Saudi nuclear effort.

Economy Trump calls House health bill he backed 'mean'
Author: 0 Trump calls House health bill he backed 'mean'

That's because the Senate healthcare bill must save at least as much money as the House's legislation. Republican leaders are working to flesh out differences between senators on the content of a bill. "Just to check the box for political reasons, I don't think Sen". And Collins said Trump was "receptive" to "suggestions" about cost-sharing reduction payments that lower deductibles and co-payments.

Author: 0 Amazon Announces Plan To Buy Whole Foods For $13.7 Billion

But Whole Foods has lost market share to rivals Kroger Co, Wal-Mart Stores Inc, Costco Wholesale Corp and others that have elbowed into the natural and organic segment Whole Foods pioneered. The company has experimented with fresh food delivery for years with Amazon Fresh. And this headline from Business Insider helps explain it: Amazon is acquiring Whole Foods - and Walmart, Target, and Kroger should be terrified .

Economy India's SpiceJet to buy up to 50 additional Bombardier Q400 turboprop planes
Author: 0 India's SpiceJet to buy up to 50 additional Bombardier Q400 turboprop planes

This would be the single biggest order for the Q400. " Boeing doesn't produce a 100-seater aircraft, so to induce airlines to a larger aircraft could be one of their strategies". In addition, SpiceJet has taken the purchase rights for 25 additional Q400 aircraft. The airline now has a fleet of 20 Q400s. Since 2010, the airline has taken delivery of 15 Q400 aircraft.

Author: 0 Trump checks out agriculture tech in Iowa

But some Iowa independents who helped Trump win the presidency see last year's tough-talking candidate as a thin-skinned chief executive and wish he'd show more grace. He'll be hosting the rally, as well as touring Kirkwood Community College with two of his cabinet secretaries, Ag. Sec. U.S. Ag Secretary Sonny Perdue and U.S.

Economy Meeder Asset Management Inc. Cuts Position in Chesapeake Energy Co. (CHK)
Author: 0 Meeder Asset Management Inc. Cuts Position in Chesapeake Energy Co. (CHK)

Putnam Investments LLC raised its position in shares of Chesapeake Energy by 6.9% in the fourth quarter. Analysts giving shares a rating of 1 or 2 would be indicating a Buy. Stock has got OUTPERFORM rating from 5 of Thomson Reuters analysts, 22 given HOLD rating to the stock and 5 given UNDERPERFORM rating. Chesapeake Energy Corporation (CHK) is sinking -6.92% to $4.57.

Economy Why Walmart Has Nothing to Fear From Amazon and Whole Foods
Author: 0 Why Walmart Has Nothing to Fear From Amazon and Whole Foods

Whole Foods' website said it only sells products "that are free of artificial preservatives, colors, flavors, sweeteners, and hydrogenated fats". Indeed, in the wake of the Whole Foods buyout, experts speculated that it was likely Amazon's expertise in collecting and collating consumer data would help to augment Whole Foods' continued efforts to better understand its customers.

Author: 0 Comerica Bank Purchases 3275 Shares of Pennsylvania Real Estate Investment Trust (PEI)

Washington Real Estate Investment Trust (NYSE:WRE) last posted its quarterly earnings results on Wednesday, April 26th. Volatility of the shares is also to be considered while making the investment decisions. Its beta value stands at 1.22. Annual Dividend Yield of Pennsylvania Real Estate Investment Trust ( PEI ) stands at 7.92%. The ex-dividend date will be on Tuesday May 30th, 2017.

Author: 0 Inspecting more closely technicals of Magellan Midstream Partners, LP (MMP)

The stock had a trading volume of 628,402 shares. More notable recent CONE Midstream Partners LP (NYSE:CNNX) news were published by: Nasdaq.com which released: "Cone Midstream Partners LP (CNNX) Ex-Dividend Date Scheduled for February 02, 2017" on February 01, 2017, also Seekingalpha.com with their article: "CONE Midstream Partners: A Marcellus/Utica Gas-Gathering Driven MLP" published on February 03, 2016, Globenewswire.com published: "CONE Midstream Schedules Earnings Release and ...

Author: 0 What the Amazon-Whole Foods Deal Means for Your Grocery Bill

Six bookstores, a staff-less experimental outlet and 465 Whole Foods plots are up for protection at this point. However, this deal with Whole Foods marks Amazon laying down the gauntlet and proving just how serious it is about its grocery business.

Economy Penguins' Sidney Crosby wins back-to-back Conn Smythe trophies
Author: 0 Penguins' Sidney Crosby wins back-to-back Conn Smythe trophies

Carl Hagelin added an empty-net goal. This year's viewership gains come despite five Canadian teams qualifying for the 2017 Stanley Cup Playoffs, including two Canadian teams in the Second Round and one in the Conference Finals - as compared to zero in 2016 - plus the absence of a Top 20 TV home market in the Stanley Cup Final .

Economy RIVERSIDE: Flex Alert issued due to heat wave
Author: 0 RIVERSIDE: Flex Alert issued due to heat wave

The alert means the public is being asked to voluntary reduce their electricity usage, particularly during the afternoon, when people are most likely to be using air conditioners. On Tuesday and Wednesday, temperatures are expected to rise to more than 100 degrees in the Santa Clarita Valley, according to the National Weather Service (NWS).

Economy Crude oil futures fall 0.35% after global cues weaken
Author: 0 Crude oil futures fall 0.35% after global cues weaken

Futures for American benchmark West Texas Intermediate crude fell to nearly $43 per barrel, losing more than a dollar per barrel to hit lows of $43.22 per barrel. They estimated that nine more months at the current level of production would help end oversupply in the market . Brent and West Texas Intermediate crudes, down nearly 15 percent since late May, are both trading in contango, where forward prices get higher all the way into the next decade.

Author: 0 Seattle teachers to hold rally demanding justice for Charleena Lyles

Lyles family reports that she had been dealing with mental health issues throughout the pregnancy and had been anxious that officers were coming to take away her other children, one of whom has Down syndrome. Charleena Lyles lived there with her four children. Lyles' case should be forwarded to a mental health court, the report said. While the officers maintain that they feared for their safety, Lyles' sister Monika Williams wonders why they couldn't have used an alternative approach.

Author: 0 How major U.S. stock market indexes fared on Monday

Small-company stocks fell more than the rest of the market. USA stocks rose on Monday, with the S&P 500 and the Dow hitting record highs with growth sectors such as technology in favour again as investors appeared to regain confidence in the economy after upbeat comments from Federal Reserve officials.

Economy Yancoal ups ante to buy Rio' Tinto's thermal coal assets
Author: 0 Yancoal ups ante to buy Rio' Tinto's thermal coal assets

A spokesman said the company plans to review Rio's statement and may respond later. Despite environmental concerns about the carbon-intensive fossil fuel, Glencore expects continued demand, especially in Asia, as coal can still be the cheapest form of baseload power.

Author: 0 Carney: Now is not the time for a rate rise

Governor Mark Carney Tuesday said that while rate setters' tolerance for above-target inflation is coming to an end, it is too early to raise the key interest rate for the first time in a decade. Speaking at the Mansion House in London Carney said, 'Monetary policy can not prevent the weaker real income growth likely to accompany the transition to new trading arrangements with the EU.

Economy Pamplona Capital to take Parexel private in $5B cash deal
Author: 0 Pamplona Capital to take Parexel private in $5B cash deal

State Bank Of America Corp De reported 0% in PAREXEL International Corporation (NASDAQ: PRXL ). Ladenburg Thalmann Financial Services Inc. now owns 6,552 shares of the medical research company's stock worth $431,000 after buying an additional 84 shares in the last quarter.

Author: 0 UK Fraud Office charges Barclays over Qatar fund-raising

The SFO charged Barclays yesterday with three counts, including conspiracy to commit fraud by false representation and unlawful financial assistance over its arrangements with Qatari investors who ploughed a total of £6.1bn into the bank in June and October 2008.

Author: 0 South Korea to scrap building new nuclear power plants

Decommissioning of Kori No.1 will be carried out by South Korea companies using local technology and is expected to cost 644 billion won ($570 million) and take 15-and-a-half years, the energy ministry said in a statement . Daul Jang, Senior Climate & Energy Campaigner at Greenpeace East Asia ( Seoul ), said: "Wind and solar energy will account for over a third of the world's power generation by 2040 so President Moon's promise to prioritize renewables as a source of national growth ...

Author: 0 Philippines launches offensive in hope of recapturing Marawi

Philippine President Rodrigo Duterte apologised yesterday for the offensive that has left the city in ruins, but said it was needed to crush the militants. The military said as of June 19, 349 people have died in the 29-day firefight, including 258 terrorists, 65 soldiers and 26 civilians. MANILA- Troops engaged in clearing Marawi City of the remaining Maute Group members recovered 11 kilograms of shabu, with an estimated street value of PHP110 million to PHP250 million, and four ...

Author: 0 Oil prices struggle on doubts OPEC can rein in oversupply

Brent crude futures were up 57 cents at $47.49 per barrel by 1224 GMT. However, prices for both benchmarks are still down by around 13 percent since late May, when producers led by OPEC extended a pledge to cut production by 1.8 million barrels per day by an extra nine months until the end of the first quarter of 2018.

Author: 0 Pregnant mother of 4 shot, killed by police in Seattle

This time . the victim, Charleena Lyles , is a Black woman who also was five months' pregnant . On Sunday morning just before 10 a.m., two patrol officers were called to a reported burglary at Brettler Family Place, an apartment complex for people transitioning out of homelessness, according to Detective Mark Jamieson .

Economy Ancient DNA reveals how cats domesticated humans
Author: 0 Ancient DNA reveals how cats domesticated humans

They also studied samples from the skin and hair of mummified Egyptian cats (and you thought emptying the litter tray was bad enough). A DNA study is showing how cats spread in the ancient human world. Scientists say compared to other mammals, cats haven't changed much since becoming domesticated. Egyptian art depicts it sitting on sofas and around tables, clearly as part of the family (or just refusing to move).

Author: 0 Scooter Gennett hits 4 home runs for Reds to tie MLB record

Louis Cardinals , Tuesday, June 6, 2017, in Cincinnati . No player has ever hit more than four in a game - Bobby Lowe was the first, for Boston Beaneaters on 30 May, 1894. ARLINGTON, Texas - Joey Gallo hit a towering two-run homer that put Texas ahead to stay, and the Rangers ended a four-game losing streak with a victory over NY.

Author: 0 Tropical system targets Gulf Coast, system slightly strengthens

Now located about 300 miles (485 km) south of Morgan City , Louisiana , it is expected to be near the Louisiana coast late on Wednesday, the Miami-based weather forecaster said. However, residents all along the Gulf Coast are being urged not to focus on the exact track of the storm. As it rolls across the Caribbean later today, forecasters say the storm will gain little strength and begin to weaken, likely becoming a tropical depression by Wednesday.

Economy Paris Air Show 2017: Airbus Lands First Big Deal On Monday
Author: 0 Paris Air Show 2017: Airbus Lands First Big Deal On Monday

The plane can accommodate 230 passengers in a single class configuration, in comparison to the 212 and 189 seats that fit in the Boeing 737-800 and 737-900 aircraft that SpiceJet now operates. It predicts the need for 35,000 new planes worth $5.3 trillion over the next two decades, an increase from past year s estimates. Boeing could be trying to convert those options to the 737-10.

Economy Overwhelming Majority of Americans Against Ditching Paris Climate Accord
Author: 0 Overwhelming Majority of Americans Against Ditching Paris Climate Accord

A new CBS News poll out Tuesday shows President Donald Trump with his lowest approval rating since taking office, mostly due to a drop in Republican support. City Councilor Jack Eakman said he was "going to go with the science on this". The Dutch's demand is being discussed at Monday's European Environment Council meeting in Luxembourg.

Economy Ryan promises to overhaul tax code this year despite hurdles
Author: 0 Ryan promises to overhaul tax code this year despite hurdles

House Speaker Paul Ryan of Wis., speaks during the National Association of Manufacturers (NAM) 2017 Manufacturing Summit in Washington , Tuesday, June 20, 2017. But the biggest hurdle to a tax cut for Republicans is reaching a consensus on whether a bill should be revenue-neutral and, if so, how it should raise revenue to pay for tax-rate cuts.

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