Oil up on widespread OPEC deal compliance, US rig count rises

Meantime, these efforts were offset by increases from Iran , Nigeria and Libya that were permitted under the terms of the agreement. The five-member committee, led by Kuwait , will use as many as six sources of data to measure output, he said. More..

by | Published more than a month ago
by | Friday, February 03, 2017

Border Wall Will Be Finished in Two Years: Secretary Kelly

Kelly, who will oversee the wall's planning and construction, said that the Trump administration officials "already have the authority" under existing law to start the project. While it may be an ambitious sche...More..

by | Thursday, February 02, 2017

Fed: No Rate Hike Today

And while officials said they're on track to gradually raise short-term rates this year, they gave no indication about when they will start. In a statement , the Fed noted that "measures of consumer and b...More..

Eurozone Manufacturing Activity Approaches Fastest Pace in Six Years
by | Thursday, February 02, 2017

Eurozone Manufacturing Activity Approaches Fastest Pace in Six Years

According to the latest Markit/CIPS UK Manufacturing PMI figures, UK manufacturing Purchasing Managers Index (PMI) posted 55.9 in January, a couple of ticks below December's two-and-a-half year high of 56.1. In...More..

Teva to appeal invalidation of Copaxone patents
by | Wednesday, February 01, 2017

Teva to appeal invalidation of Copaxone patents

Teva Pharmaceutical Industries Ltd (ADR) (NYSE: TEVA ) performance over the past one year plunged -42.25% whereas its year to date (YTD) performance indicated a bearish trend of -4.77%. The rating was maintaine...More..

Trump's import tax on Mexico could hurt the Texas economy
by | Tuesday, January 31, 2017

Trump's import tax on Mexico could hurt the Texas economy

Bush and Barack Obama , since the September 11 attacks. Donald Trump's proposed tax on Mexican imports is meant to raise money for a border wall but economists believe the impacts will hurt the economy. Cong...More..

Marketers Should Note These 5 Things From Google Parent Alphabet's Earnings
by | Sunday, January 29, 2017

Marketers Should Note These 5 Things From Google Parent Alphabet's Earnings

Porat said in comments during the conference call that hardware, cloud and Play app store sales all were strong. Revenue growth slowed from 28% in the prior-year period. We should also look for stats on the e...More..

British PM: Trump Confirmed To Me That He's '100 Percent' Behind NATO
by | Saturday, January 28, 2017

British PM: Trump Confirmed To Me That He's '100 Percent' Behind NATO

Prime Minister May called on a reporter from BBC News, who noted Trump's past statements about torture and banning Muslims and punishing women for getting abortions, and asked him, "What do you say to those a...More..

by | Saturday, January 28, 2017

Basic materials stocks for your portfolio: Baker Hughes (BHI), Schlumberger (SLB)

Baker Hughes reported another 1,000 job reductions in the fourth quarter. The company has a Return on Assets (ROA) of -15.40%. Shares of Baker Hughes (NYSE:BHI) opened at 62.68 on Thursday. Finally, DA...More..

Diageo's Stock Gains on Strong Half-Year Sales Boosted by Weak Pound
by | Saturday, January 28, 2017

Diageo's Stock Gains on Strong Half-Year Sales Boosted by Weak Pound

Operating profit, which excludes exceptional items, in the half year increased to GBP2.07 billion from GBP1.72 billion, boosted by a 339 basis points improvement in operating margin. Diageo GB's results were b...More..

by | Thursday, January 26, 2017

Annual inflation at 1.5 pc comes in weaker than expected, dollar slumps

The CPI is expected to have risen 0.7 percent in the 4Q16 for an annual rate of 1.7 percent. And the bottom line is no impact whatsoever with inflation remaining subdued in the December quarter. The New Zeala...More..

Home sales dip, but housing market ends 2016 on high note
by | Wednesday, January 25, 2017

Home sales dip, but housing market ends 2016 on high note

Homebuyers were able to manage the rising sales prices in part because of low mortgage rates in 2016, but those rates have climbed upward and settled above 4 percent since Donald Trump's presidential victory. W...More..

Boston native who threatened Trump assassination being held in Miami
by | Sunday, January 22, 2017

Boston native who threatened Trump assassination being held in Miami

A 51-year-old man from Miami Beach with a history of mental illness has been arrested after posting a video threatening to kill President-elect Donald Trump during the inauguration. Congress? I appreciate that ...More..

Zodiac tells Safran to pull up a chair
by | Saturday, January 21, 2017

Zodiac tells Safran to pull up a chair

The initial cash offer is worth just over 8.5 billion euros (US$9 billion), based on Thomson Reuters share data. French President François Hollande welcomed "this attractive industrial transaction which strengt...More..

Dollar Hits Fresh High as Canada Dollar Drop Invigorates Rebound
by | Thursday, January 19, 2017

Dollar Hits Fresh High as Canada Dollar Drop Invigorates Rebound

The Bank of Canada is optimistic about economic growth in our country, but is also warning of uncertainty tied to the Trump presidency. This is the bank's first release of its updated forecasts and broad econ...More..

US, Cuba React to End of 'Wet Foot, Dry Foot'
by | Saturday, January 14, 2017

US, Cuba React to End of 'Wet Foot, Dry Foot'

Effective immediately, the US will remove Cuban nationals who enter the USA without the proper documentation and don't qualify for humanitarian relief, Obama said Thursday in a statement . As a border offici...More..

U.S. Launches WTO Case Against China on Aluminum
by | Saturday, January 14, 2017

U.S. Launches WTO Case Against China on Aluminum

The U.S. can request the establishment of a WTO dispute settlement panel if, after 60 days, the two sides can't settle the dispute. "China gives its aluminum industry an unfair advantage through underpriced l...More..

Def Leppard, with Poison and Tesla, launching North American tour
by | Saturday, January 14, 2017

Def Leppard, with Poison and Tesla, launching North American tour

The hair metal trio will begin its 70-city tour in Manchester, New Hampshire, on April 8 and end in Indianapolis on June 28. Tickets go on sale at 10 a.m. More..

by | Thursday, January 12, 2017

Five Points on The Border Wall

Current Mexican President Enrique Peña Nieto said in September, after meeting with Trump, that his country would not fund the wall. "That will happen. He said Mexico would negotiate with the Trump team to "...More..

by | Wednesday, January 11, 2017

Gildan Wins Auction to Purchase American Apparel

On the one hand, the company's spokesman told KPCC Friday that American Apparel's L.A. roots are important. The auction had attracted bidders including California-based apparel maker Next Level as well, ...More..

by | Wednesday, January 11, 2017

Volkswagen unveils XXL Tiguan Allspace

While the first two rows of seats offer plenty of leg room for taller adults, don't expect them to travel comfortably in the rearmost pair. As my colleague Matt Debord so eloquently put it , "Tiguan- Now wit...More..

Twitter Suspends Martin Shkreli's Account Amid Harassment Complaint
by | Tuesday, January 10, 2017

Twitter Suspends Martin Shkreli's Account Amid Harassment Complaint

Shkreli, a vocal Trump supporter, proceeded to DM Duca and ask if she'd like to attend Trump's inauguration with him (A real jokester, that Shkreli!). Shkreli became known as the infamous "pharmabro" after...More..

by | Monday, January 09, 2017

Petrol outlets not to accept cards from midnight of January 9

According to the All-India Petroleum Dealers' Association (AIPDA), this will apply to cards from HDFC, Axis Bank and ICICI. AIPDA has also written to finance minister Arun Jaitley, saying, "To compound matter...More..

Hulu's live TV service will be less than $40
by | Saturday, January 07, 2017

Hulu's live TV service will be less than $40

Hopkins said in the release that CBS is "vital" to a successful live-TV offering. Episodes of CBS shows, such as "NCIS", " Mom " or "The Big Bang Theory", still will not be offered through Hulu's establishe...More..

Analysts See Compelling Value in: Marathon Oil Corporation (NYSE:MRO)
by | Thursday, January 05, 2017

Analysts See Compelling Value in: Marathon Oil Corporation (NYSE:MRO)

Cloud Peak Energy Inc.'s (CLD) has YTD performance of 169.71%. The stock has reached the $52.93 mark after a recent check. It has outperformed by 36.75% the S&P500. Moreover, Vantage Prns Limited Co has 1.2% in...More..

$6 Million NYE Jewelry Heist: Thieves Targeted Midtown Business Just Before Midnight
by | Wednesday, January 04, 2017

$6 Million NYE Jewelry Heist: Thieves Targeted Midtown Business Just Before Midnight

The three thieves broke into a jewellery wholesaler a few street blocks from Times Square. Footage shows two men using a hammer and a crowbar to break into the safe room, before one spots the security camera ...More..

Taiwan leader urges China for 'calm' talks as pressure grows
by | Tuesday, January 03, 2017

Taiwan leader urges China for 'calm' talks as pressure grows

Taiwan challenges China's position. China dominates most of the South China Sea. The talk of Tsai's US stopovers has already rattled Sino-US relations, and Beijing might take tough measures, including milit...More..

Lions-Cowboys game was a ratings coup for the NFL
by | Thursday, December 29, 2016

Lions-Cowboys game was a ratings coup for the NFL

It's not usual for a superstar wide receiver to pale in comparison, but Bryant has been part of team which hasn't relied on him as much this season and instead focused more on running back Ezekiel Elliott . He...More..

Portland home-price growth slows, still tops 10% year-over-year
by | Wednesday, December 28, 2016

Portland home-price growth slows, still tops 10% year-over-year

National Home Price NSA Index, which covers all nine U.S. census divisions, posted a 5.6% annual gain in October, up from 5.4% last month. "Affordability measures based on median incomes, home prices, and mortg...More..

by | Monday, December 26, 2016

Airbus Finalizes Deal with Iran for 100 Planes

The head of IranAir was quoted earlier as saying the value of the contract would not exceed $10 billion. Both deals could dramatically help Iran's troubled aviation industry which has been hobbled by years of s...More..

by | Sunday, December 25, 2016

Energy Transfer Partners Breaks Above 200-Day Moving Average - Bullish for ETP

Center Coast Capital Advisors LP now owns 4,097,634 shares of the company's stock valued at $193,326,000 after buying an additional 1,009,209 shares in the last quarter. The number of times the company missed a...More..

by | Sunday, December 25, 2016

Ahead of the Bell: Economy-GDP

Darren Morgan, head of gross domestic product at the ONS said: "Robust consumer demand continued to help the United Kingdom economy grow steadily in the third quarter of 2016". To do that, Trump says he'll roll...More..

Local stores full of last minute shoppers
by | Sunday, December 25, 2016

Local stores full of last minute shoppers

Transit is also offering a free bus ride on New Year's Eve starting at 7 p.m. until the end of service. Various department stores in the mall and the movie theater may have different hours. Friday, Dec. 2...More..

Lockheed Martin shares take another tumble after Trump tweet
by | Saturday, December 24, 2016

Lockheed Martin shares take another tumble after Trump tweet

Boeing stock saw a near 0.5% rise in pre-trading. Trump's tweet shaved off about $1.2 billion of Lockheed Martin's market value. Trump has frequently turned to Twitter to vent his outrage across a range of ...More..

by | Friday, December 23, 2016

Odebrecht Admits Bribery, Agrees to Record $2.6 Billion Fine

On Wednesday, Odebrecht pleaded guilty to a one-count criminal information filed by the Criminal Division's Fraud Section and the U.S. Attorney's Office in the U.S. Court documents allege that Odebrecht creat...More..

Eastern Air Defense Sector to Help Track Santa Claus on Christmas Eve
by | Friday, December 23, 2016

Eastern Air Defense Sector to Help Track Santa Claus on Christmas Eve

NORAD online Santa tracker also gives live updates of Santa's current location. However, the Fire Department wants to remind everyone that the fire engines Santa will be riding are still on active duty and ...More..

PM should clarify on allegations made by Rahul, institute impartial probe
by | Thursday, December 22, 2016

PM should clarify on allegations made by Rahul, institute impartial probe

Earlier, from Ahmedabad, Gandhi went to Unjha town where he offered prayers at the temple of Goddess Umiya. He said that Modi government failed to contain the corruption and did nothing to enquire about the t...More..

by | Thursday, December 22, 2016

Dow targets 20000, bonds fall as markets display resilience

The US dollar revelled in its rapidly widening yield premium, with the Federal Reserve set on a tightening course even as its peers in Europe and Japan act to keep their short-term rates deep in negative terr...More..

by | Thursday, December 22, 2016

Little Rock boy, 3, dies in road rage shooting

Not realizing that the boy had been hit, the woman drove to the JC Penney about 9 miles away. " Oh, my God! " the child's anguished grandmother, Kim King-Macon, told police in the call. The boy died at a hospit...More..

by | Wednesday, December 21, 2016

Oil rises on Goldman forecast, signs producers complying with cuts

Sen. Ed Markey (D-Mass.) sent President-elect Donald Trump a letter on Monday warning him not to consider getting the US involved in any worldwide deals to cut oil production. Paris-based IEA said in its mont...More..

by | Wednesday, December 21, 2016

Volkswagen reaches deal on final cars in emissions scandal

They had been marketed as "clean diesels" for the company's Volkswagen, Audi and Porsche brands between 2008 and 2015. If the new vehicles can be made emissions compliant, VW will not be required to buy the car...More..

Several killed in protests calling for Congo's Kabila to step down
by | Wednesday, December 21, 2016

Several killed in protests calling for Congo's Kabila to step down

Demonstrators have set up barricades and burned tyres in parts of Kinshasa and Lubumbashi in the south of the country. Police fired rubber bullets on Tuesday at scores of protesters outside the Democratic R...More..

Fred's Acquiring 865 Rite Aids; Swells to 3rd Largest US Drug Chain
by | Wednesday, December 21, 2016

Fred's Acquiring 865 Rite Aids; Swells to 3rd Largest US Drug Chain

Wall Street certainly saw it that way, sending shares of Rite Aid up almost 6 percent before the opening bell Tuesday. Walgreens Boots said it expects to realise synergies in excess of $1bn from the acquis...More..

by | Wednesday, December 21, 2016

President Obama Blocks Oil Drilling in Arctic and Atlantic Oceans!

The move would be unprecedented. In protecting the waters, Mr. Obama used a 1950s-era law called the Outer Continental Shelf Act that allows presidents to limit areas from mineral leasing and drilling. The pl...More..

Everton vs Liverpool match prediction: A goal-filled Merseyside derby awaits
by | Wednesday, December 21, 2016

Everton vs Liverpool match prediction: A goal-filled Merseyside derby awaits

At least for Liverpool fans, as Sadio Mané was first to Daniel Sturridge's shot off the post. Everton had been riding their luck, and the tame defending and poor goalkeeping for the goal was only a small segm...More..

United States inflation gains persist in November
by | Saturday, December 17, 2016

United States inflation gains persist in November

The index for food-at-home during the month declined by 0.1% from September, marking the seventh straight month-to-month drop in retail prices. The CPI rose 1.6% on the year to October and advanced 0.4% in the ...More..

by | Friday, December 16, 2016

More Votes Than Voters Found In Heavily Democratic Detroit Precincts During Recount

Detroit's election paperwork was in such disarray that the Wayne County Board of Canvassers nearly missed its two-week deadline to certify the presidential election. Washtenaw County Elections Director Ed Golem...More..

by | Friday, December 16, 2016

India's TCS ousts Mistry from board as purge is stepped up

Tomorrow it's the turn of unlisted company Tata Teleservices to vote on Mistry's removal as director. Cyrus Mistry has been removed from the board of telecom firm Tata Teleservices in its extra ordinary gener...More..

Tip-off leads Delhi cops to Rs3.25 cr in old currency; 5 held
by | Thursday, December 15, 2016

Tip-off leads Delhi cops to Rs3.25 cr in old currency; 5 held

Ravindra Yadav, joint commissioner of police (crime branch), said the raid was conducted at Hotel Taksh Inn at Chennai Market in Karol Bagh, a popular market area, based on a tip-off. The currency was packed to...More..

by | Thursday, December 15, 2016

DEMONETIZATION: Wholesale Price Inflation falls to 3.15% in November

Potatoes recorded maximum inflationary pressure at 36.97 per cent. Inflation in fruits rose to 2.45 per cent during the month. Last month, wholesale food prices rose 1.54 percent year-on-year, compared with a p...More..