Oil slides as USA climate withdrawal compounds glut concerns

U.S. shale production requires a higher price to be profitable.The agreement proved to be partially successful, as it managed to keep the prices oil prices above $50 per barrel, giving a fiscal boost to major producers.More than 400 oil rigs are now working United States shale fields - an increase of more than 120 per cent compared with a year ago. [Full Article...]

Dow, Russell 2000 hit new highs; uneven finish for US stocks

Dow, Russell 2000 hit new highs; uneven finish for US stocks Tech stocks, which have done far better than other industries this year, fell sharply. Comerica gained 2.4 percent, while Chesapeake Energy increased 4.3 percent. ENERGY: Benchmark U.S. crude was up 15 cents to $45.79 a barrel in NY. CURRENCIES: The pound lost more than 2 cents versus the dollar seconds after the exit poll results were released, plunging from $1.2955 to $1.2752. [Full Article...]

Are Narayana and Nilekani selling their stake in Infosys?

Are Narayana and Nilekani selling their stake in Infosys? The sale of their stakes would most probably take place through stock market block deals and would be done in parts, and a single, block deal would most likely not happen. "The company further reiterates that it has no information on any such development", an official statement by the company said. This moves comes at a time when Infosys, along with the entire IT sector, is under pressure due to... [Full Article...]

Jefferies Has Decided To Downgrade Ao World (LON:AO) Shares

Sterne Agee CRT maintained the shares of SCVL in report on Friday, May 20 with "Buy" rating. Beaufort Securities downgraded the stock to "Hold" rating in Wednesday, November 9 report. Nationwide Fund reported 10,939 shares or 0% of all its holdings. First Trust Advsrs L P invested 0% in Shoe Carnival, Inc. Creative Planning reported 0% stake. [Full Article...]

3-on-3 basketball added to 2020 Tokyo Olympic program

3-on-3 basketball added to 2020 Tokyo Olympic program When asked if this dual award was fair on cities considering bids for 2028, Bach said: "In German, we say it is better to have a small bird in your hand than a big bird on the roof". The IOC says it will get close to gender balance among Olympic athletes, boosting women to almost 49 percent, from 45.6 percent in Rio. It was already known that Tokyo would have five more sports than Rio, taking th... [Full Article...]

KBC Group NV Purchases 176480 Shares of Nordstrom, Inc. (JWN)

KBC Group NV Purchases 176480 Shares of Nordstrom, Inc. (JWN) CEST (Central European Summer Time). Vetr downgraded shares of Nordstrom , Inc. Nordstrom shares were trading up 6.2 per cent at US$47.40 on the news in afternoon trading in NY on Friday, giving the company a market capitalization of close to $8 billion. [Full Article...]

Are Analysts Bearish Kinder Morgan Inc (NYSE:KMI) After Last Week?

Are Analysts Bearish Kinder Morgan Inc (NYSE:KMI) After Last Week? Since December 23, 2016, it had 0 insider purchases, and 7 selling transactions for $2.49 million activity. The number of shares traded in the last trading session was 12.6 Million. (USA) (NYSE:GG) on Thursday, October 20 to "Buy" rating. Investors of record on Monday, May 1st were given a dividend of $0.125 per share. The company also recently announced a quarterly dividend, which was paid on M... [Full Article...]

Qatar seeks diplomatic solution to Middle East row

Qatar seeks diplomatic solution to Middle East row Speaking at the White House Rose Garden with the Romanian prime minister on Friday, Trump said that Qatar "has unfortunately been a funder of terrorism , and at a very high level". He said supplies would be brought in through Qatar Airways cargo flights. Qatari investigators have said that a cyber attack which caused the publication of fake news last month that helped trigger a crisis with ... [Full Article...]

Donald Trump stays mum on Comey testimony… while Donald Jr

In the hearing before the Senate Intelligence Committee the word "lies" repeatedly came from Mr Comey in his account of dealing with Mr Trump and his coterie and what he saw as an attempt by the President to make him cover up the potential Russian Federation connection. [Full Article...]

Bce lascia tassi invariati: 60 miliardi per Qe fino a dicembre

Bce lascia tassi invariati: 60 miliardi per Qe fino a dicembre In caso di peggioramento ella situazione, la Bce resta pronta a rivedere mole e durata del Qe. E la politica monetaria espansiva non si discute, almeno per il momento. "Non ci sono stati dissensi e non si è votato". "Non il sostegno ai bilanci dei paesi, o altre considerazioni". Il consiglio direttivo dell'Eurotower rileva uno slancio della ripresa dell'area euro "più forte" che potreb... [Full Article...]

WWDC: Apple Announces 'Mac OS High Sierra'

But can your Mac run it? Now the company has announced the next version to it, named " High Sierra " at the WWDC 2017 , held in California. After Apple's announcement, Steam announced on its Community website that SteamVR Beta is now available for Mac OS. [Full Article...]

US Trade Commission rules against Bombardier in CSeries dispute

US Trade Commission rules against Bombardier in CSeries dispute As a result of the decision, the U.S. Department of Commerce will continue its investigation and disclose its preliminary countervailing duty determination around July 21 and anti-dumping duty decision around October 4. Spokesman Dan Curran said by email that Boeing's near century-old relationship with Canada "will continue to thrive after this commercial trade matter is resolved". [Full Article...]

House passes Dodd-Frank roll-back

CHOICE would allow banks to waive some regulations if they have enough capital. The bill , called the Financial Choice Act , would chip away at about 40 provisions and regulations put in place via Dodd-Frank, including regulators' authority to both wind down a financial institution perceived to be on the brink of failure and to identify an institution as a risk to the economy. [Full Article...]

Police arrest 3 more in London Bridge attack investigation

Police arrest 3 more in London Bridge attack investigation Seven were killed and almost 50 wounded. May hit back by criticising Corbyn, a pacifist who has opposed some security legislation in parliament and expressed reservations in the past about police responding to armed attackers with "shoot-to-kill" tactics. [Full Article...]

United Kingdom headlines reflect election drama

United Kingdom headlines reflect election drama I said at the start this election was wrong. "Well the mandate she's got is lost Conservative seats, lost votes, lost support and lost confidence". Speaking after being re-elected to his London seat, Corbyn said May should "go. 1 NEWS Europe correspondent Emma Keeling has the lowdown on today's United Kingdom election. The Brexit negotiations are set to start around June 19, with Britain set... [Full Article...]

Analyst Ratings Buzz: Delcath Systems, Inc. (DCTH)

Shares of the company have shown an EPS growth of 42.90% in the last 5 years. Currently Delcath Systems Inc (NASDAQ:DCTH)'s shares owned by insiders are 0.1%, whereas shares owned by institutional owners are 1.6%. While it's Return on Investment (ROI) value is -139.3%. To take look on ration of tradable shares being shorted in market, float short ration was 7.60%, as compared to sentiment indi... [Full Article...]

OPEC extends oil output cut by nine months

OPEC extends oil output cut by nine months Crude oil prices fell 5% after the announcement, which disappointed a market hoping for deeper production cuts. The problem for OPEC is that while crude sits substantially below the highs of around $100 a barrel reached in 2014, it is high enough to bring back into the market US producers who eased back as prices tumbled previous year. [Full Article...]

Oil eases on oversupply, but Mideast tension and falling US stocks support

With oil production of about 620,000 barrels per day (bpd), Qatar is one of the smallest crude producers in the Organisation of the Petroleum Exporting Countries, but some investors fear tension within the cartel could weaken its agreement to hold back production in order to prop up prices. [Full Article...]

Teva Pharmaceutical Industries Ltd (ADR) (NYSE:TEVA), BlackBerry Ltd (NASDAQ:BBRY)

About 44,673 shares traded. It is down 15.57% since June 8, 2016 and is uptrending. It has underperformed by 12.23% the S&P500. North Star Investment Management Corp decreased its stake in Teva Pharmaceutical Inds Ltd Adr (TEVA) by 77.89% based on its latest 2016Q4 regulatory filing with the SEC. [Full Article...]

The Finkel review explained: what's in it, and why you should care

Finkel called for the government to set a clean energy target, created to encourage investment in "reliable generation", including coal with carbon capture and storage or gas. The key recommendation is the adoption of a Clean Energy Target. She hopes the Finkel review brings an end to the climate wars in Australia and leaders reach common ground, noting Queensland was doing the heavy lifting by ... [Full Article...]

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