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Crude Oil Rebounds As Dollar Falters


Crude oil prices have risen 1% in the last four weeks. The bearish report represents the first crude inventory build in several weeks and lends credit to recent sentiment over US shale production rising at a pace that could in part offset a production cut from the Organization of the Petroleum Exporting Countries . Read More »

Oil prices drop amid glut concerns, US withdrawal from climate deal

Now the United States is producing over 9.3 million barrels per day which is also close to what major producers such as Saudi Arabia and Russian Federation produce in a day. It's no wonder, then, that global oil prices have remained subdued and even announcements like the 6.4-million-barrel draw in U.S. oil inventories that the EIA announced yesterday have failed to have any impact. Read More »

European Central Bank won't call time on stimulus just yet


Significantly, in its initial statement the ECB Governing Council said it continued to expect rates to remain at present levels for an extended period of time, removing the reference to the possibility that they might be lowered further. Investors are also keeping an eye on the outcome of the United Kingdom general election, with opinion polls showing Theresa May's Conservative Party leading between 5 and 12 percentage points over the main opposition Labour Party , suggesting she would ... Read More »

GOP-run House poised to roll back post-2008 financial rules

U.S. Sen. Sherrod Brown of OH, the top Democrat on the Senate committee that oversees banking laws, said the proposal would gut the Consumer Financial Protection Bureau , which has returned nearly $12 billion to 29 million Americans who were cheated by shadowy debt collectors, for-profit schools, and payday lenders. Read More »

Apple aims to 'reinvent home music' with HomePod smart speaker

Apple nodded to several up-and-coming technology trends, unveiling a new "smart" home speaker and device features touching on virtual reality, online privacy and a form of artificial intelligence called machine learning. Although the format is not exclusive to Apple, it's not yet clear how well the photos will work with non-Apple software and devices, which mostly use JPEG. Read More »

Valeant Pharmaceuticals Plans to Sell iNova Segment


Investors measure stock performance on the basis of a company's earnings power. Pacific Equity is an Australasian private equity investor. On average, equities analysts forecast that Valeant Pharmaceuticals Intl will post $3.89 EPS for the current year. Read More »

Rough break: Luckless Harrington hit on elbow by amateur's practice swing


Harrington said nothing was broken but that he got six stitches. The Dubliner required stitches and was forced to withdraw from this week's St Jude Classic in Memphis. "He caught me on the left elbow - middle of the clubface, middle of the elbow". His main short term ambition is to perform well at the British Open which is to be held at Royal Birkdale , where Harrington won his second Major the last time the Open was held there in 2008. Read More »

Latest Stocks: JPMorgan Chase & Co. (JPM) Stock Rating Reaffirmed by Instinet

About 377,467 shares traded. Instinet restated a "neutral" rating and set a $84.00 price target (down from $87.00) on shares of JPMorgan Chase & a research note on Saturday, June 3rd. (NYSE: JPM ) rating on Tuesday, January 3. Investors sentiment increased to 1.13 in 2016 Q4. Its down 0.15, from 0.97 in 2016Q3. It fall, as 69 investors sold JPM shares while 807 reduced holdings. Read More »

Trump's just like of us: He'll be watching Comey

Comey's prepared remarks were released on the eve of his testimony to the Senate Select Committee on Intelligence. "He is eager to continue to move forward with his agenda", he added. Trump initially kept Comey on as Federal Bureau of Investigation director, and publicly embraced him at a January White House event. The Comey hearing is high drama in Washington , where the "Watergate" scandal brought down President Richard Nixon in 1974, and the House impeached President Bill Clinton ... Read More »

US stocks, bond yields rise after Comey statement; oil plunges


And while the European Central Bank is unlikely to start to wind back its expansive stimulus programme given waning global inflation pressures, investors will be keen to hear its stance on the euro zone economy. And when it does, the euro simply won't be able to sustain undervalued levels for long". In a written statement posted on the web on Wednesday, Comey, the former Federal Bureau of Investigation chief fired by President Donald Trump, said Trump asked him to back off from a probe ... Read More »

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


In addition, if the row rolls on, it may prove hard to keep oil shipments moving along the strategically important Strait of Hormuz waterway. Crude oil futures continued to fall Thursday morning after yesterday's collapse. The next level to watch is the March low just below $44 a barrel, struck after oil prices fell through a number of key technical levels, culminating in a flash crash to $43.76 . Read More »

Stock under Analysis: Symantec Corporation (SYMC)

The company has been one of the biggest innovators in "Security Software & Services" employing approximately 13000 full time employees. Symantec also announced that it expects capital expenditures of approximately $250 million and cash expenses of approximately $500 million for integration, acquisition, restructuring, transition and other related costs for fiscal 2018. Read More »

Spaniard among dead in London Bridge attack


He was on his way home on Saturday night having been skateboarding with friends when he stumbled across the terror attack at Borough Market. He was last seen confronting one of the terrorists as he was stabbing a female victim. Meanwhile the Spanish government also confirmed Echeverria's death. 'The government wishes to convey to his relatives and friends that they are not alone in their pain, and that, today, Spain is with them, sharing their feelings and desolation and joined with them ... Read More »

Senegal recalls Qatar ambassador, backs Saudi in Gulf row


He said normal life in Qatar is "not affected" by the blockage, insisting the tiny country maintains sufficient access to other air and sea routes to secure food for its people. In the meantime, several airlines have suspended flights to Doha , a major global transportation hub. Its Emir Sheikh Sabah al-Ahmad Al-Sabah held talks with Saudi King Salman on Tuesday but there were no immediate signs of progress. Read More »

Here's what's new at Tesla following their shareholder meeting


Tesla hasn't said how many people have put down $1,000 refundable deposits for the Model 3 , but Musk said Tuesday people who put down a deposit now won't get a auto until the end of 2018, indicating it could be close to 500,000. The company is worth nearly $60 billion, 36 percent more than Ford and 15 percent more than General Motors . Such lessons have led to the decision that the Model Y will not completely share its underpinnings with the forthcoming Model 3 small sedan , instead ... Read More »

Will Comey's Testimony Be A Big NothingBurger?


This set of circumstances would have made executive privilege a problematic claim, at least politically, as it would have signaled that Trump thought there was something to hide in that conversation. Once alone, Trump began by saying: "I want to talk about Mike Flynn", who had been fired as national security adviser the previous day. Comey makes it clear in his statement that he did not agree to "let this go". Read More »

Men's Wearhouse Parent Tailored Brands Shares Lower After Q1 Revenue Miss

ValuEngine downgraded Tailored Brands from a "buy" rating to a "hold" rating in a research note on Friday, June 2nd. Mizuho upgraded Tailored Brands Inc (NYSE:TLRD) on Thursday, December 8 to "Buy" rating. If you are accessing this story on another domain, it was illegally stolen and republished in violation of worldwide trademark & copyright legislation. Read More »

French leader Macron urges Gulf heads to defuse crisis

Qatar long has denied funding extremists, and its foreign minister has struck a defiant tone in interviews, even after anxious residents emptied grocery stores in its capital of Doha . Schaefer told reporters German diplomats were in touch with the state department and security council officials to clarify the U.S. stance. UAE Minister of State for Foreign Affairs Anwar Gargash told Reuters more economic curbs would be imposed on Qatar if necessary and said Doha needed to make ironclad ... Read More »

Unusual Volume Spikes For: Range Resources Corporation (RRC)

Presently, Mandalay Resources Corp (MND.TO)'s Williams Percent Range or 14 day Williams %R is resting at -100.00. It has underperformed by 31.85% the S&P500. Therefore 68% are positive. Antero Resources Corp has a 12-month low of $20.17 and a 12-month high of $30.50. The ex-dividend date of this dividend is Tuesday, June 13th. Read More »

Nordstrom Target of Unusually Large Options Trading (JWN)


Blackrock Japan Com Ltd accumulated 161,842 shares. Whittier Trust Communication Of Nevada invested in 0% or 829 shares. Ledyard Bancshares reported 604 shares. (NYSE:JWN) rating on Tuesday, January 17. As per Friday, October 23, the company rating was reinitiated by Goldman Sachs. The stock has "Market Perform" rating by Telsey Advisory Group on Friday, May 13. Read More »

OnePlus 5 to be cheaper than iPhone 7?


More interestingly, the OnePlus 3T carries a $439 price in the USA, which could perhaps mean the OnePlus 5 will cost around $550 in the US. The company has previously revealed that the OnePlus 5 will feature the Snapdragon 835, Qualcomm's new 10-nanometer system on chip. Read More »

Fowler out to tighten game before US Open


This will be his first visit since a debut top-15 finish three years ago and this year's Honda Classic victor deserves his place at the head of affairs having been right in the mix once more at The Memorial last weekend. He doesn't have a big history with this tournament (T13 in his last appearance in 2014), but I'll ride with the only golfer on the PGA Tour in the top 10 in strokes gained off the tee and on the greens. Read More »

Eurozone growth revised up to 2-year high


The European economy grew at the fastest rate since the start of 2015 in the first three months of the year, adding to the positive signs of an accelerating recovery. German growth saw the largest pick-up from one quarter to the next, with GDP in the euro area's largest economy rising 0.6% quarter-on-quarter in the first quarter after growth of 0.4% in the prior quarter. Read More »

Polls open in UK election after campaign marred by attacks


Sterling hit its highest level in nearly two weeks against the dollar on Tuesday before easing slightly, still buoyed by investors' expectations of victory for the ruling Conservative Party in a general election on Thursday. LONDON (AP) - Polling stations across Britain opened for national elections amid heightened security Thursday as one senior police official said the country was living through "unprecedented times" following a series of terror attacks in recent weeks. Read More »