IEA: Global oil demand growth expected to drop in 2017

Of course, US shale will be a major factor in this output rebound. The IEA said that al-Falih's comments signal that, if global crude inventories report draws of 700,000 bpd "implied" by OPEC's production target and non-OPEC support, the oil ma... More..

by | Published more than a month ago
Women's Marches Saturday in Las Vegas, Reno, South Lake Tahoe
by | Saturday, January 21, 2017

Women's Marches Saturday in Las Vegas, Reno, South Lake Tahoe

The march will be on Saturday at Sikes Lake near Midwestern State University. Women involved in Auckland's march. "(We'll be) sharing talents, sharing stories, sharing support of each other, hearing issues"...More..

Procter & Gamble Stock Gains as Q2 Results Top Expectations
by | Saturday, January 21, 2017

Procter & Gamble Stock Gains as Q2 Results Top Expectations

The company posted revenue of $16856.00 million in the period, compared to analysts expectations of $16773.88 million. Arcadia Investment Management Corp MI raised its position in Procter & Gamble Co.by 9.0% in...More..

TD Ameritrade Holding Corp. Q1 Earnings Advance 2%
by | Saturday, January 21, 2017

TD Ameritrade Holding Corp. Q1 Earnings Advance 2%

The analyst recommendations from a month ago are 3 Buy, 5 Strong Buy, 0 Sell, 0 Hold and 6. 09/22/2016 - TD Ameritrade Holding Corporation had its "outperform" rating reiterated by analysts at CLSA. The ex-di...More..

United Kingdom retail sales fall sharply in December but fourth quarter still solid
by | Saturday, January 21, 2017

United Kingdom retail sales fall sharply in December but fourth quarter still solid

Excluding fuel sales, there was a 2.0% decline for the month with the annual increase at 4.9%. Official data on Friday showed retail sales volumes dropped 1.9 percent year-on-year in December, far below econo...More..

Aternalis Capital adds Canadian Pacific Railway Limited (USA) (CP) to its portfolio
by | Saturday, January 21, 2017

Aternalis Capital adds Canadian Pacific Railway Limited (USA) (CP) to its portfolio

Canadian Pacific Railway Limited has a total market capitalization of 22140.66 with a return on assets (ROA - calculated by dividing the total annual earnings by the company's total assets - illustrates how pr...More..

by | Friday, January 20, 2017

Brexit threat to Burnaston: Toyota chief questions viability of United Kingdom factory

Labour leader Jeremy Corbyn said , "There was an unreality about her speech". "I am concerned that what we're getting is some sort of slow-motion Brexit where she is speaking about interim measures, or a tra...More..

by | Friday, January 20, 2017

American Airlines Group (AAL) Limits Bags for Basic Economy Passengers

American didn't identify the initial 10 markets or provide specifics on the size of the price discount compared with other coach cabin fares. According to Isom, the new fare class is created to put American i...More..

What do Analysts suggest for: British American Tobacco p.l.c. (BTI)
by | Friday, January 20, 2017

What do Analysts suggest for: British American Tobacco p.l.c. (BTI)

The stock has a market cap of $42.28 billion and a P/E ratio of 55.12. During the last trading period, the peak price level of the share was $58.08; it means it is top price of day and down price level of the...More..

by | Friday, January 20, 2017

Mondelez sells Vegemite, Australian grocery brands to Bega

American food giant Mondelez International (MDLZ) announced Wednesday, Jan. 18, that it would sell most of its Australian and New Zealand grocery business, including the iconic Vegemite spread, to Australia's...More..

Tell us: How will Trump's presidency affect Canada's economy?
by | Thursday, January 19, 2017

Tell us: How will Trump's presidency affect Canada's economy?

On Wednesday, the loonie started to soften during a news conference by Bank of Canada governor Stephen Poloz where he said an interest rate cut was still possible if the Canadian economy deteriorates amid u...More..

by | Thursday, January 19, 2017

Ryan Zinke Confirmation Hearing For Interior Secretary

Conservation groups have largely condemned Zinke's nomination, pointing to his support for fossil fuel development, his efforts to limit the use of the Endangered Species Act and his sometimes contradictory s...More..

by | Thursday, January 19, 2017

Pearson lines up Penguin sale amid profit warning

The group will sell its 47 per cent stake to book publisher Penguin Random House . The education group blamed "an unprecedented decline" in its United States coursework business, as it cut its dividend for 2...More..

by | Thursday, January 19, 2017

Kim Kardashian & Kendall Jenner Shoot 'Ocean's Eight' Cameos in NYC

Ocean's Eight is a spin-off of the Ocean's trilogy of films and features an all-female cast of Sandra Bullock, Cate Blanchett, Helena Bonham Carter , Rihanna, Anne Hathaway, Sarah Paulson and Mindy Kalin...More..

by | Thursday, January 19, 2017

The Dollar and the Donald

The U.S. Dollar Index has retreated 2.7% since its early January high. The loonie was up almost three-quarters of a US cent following a Wall Street Journal report that says President-elect Donald Trump thin...More..

by | Wednesday, January 18, 2017

Windows 10 Game Mode Hopes to Boost Gaming on PCs

This new Game Mode option for Windows 10 is said to maximize the game's performance on PC. We don't know the full specifics of Windows 10's upcoming "gaming mode", but Microsoft claims it will increase pe...More..

by | Wednesday, January 18, 2017

Wells Fargo to close 400 branches

Vanguard Group Inc. now owns 288,028,042 shares of the financial services provider's stock valued at $13,632,368,000 after buying an additional 6,247,583 shares during the last quarter. ED quarterly performance...More..

Gold and silver charge higher
by | Wednesday, January 18, 2017

Gold and silver charge higher

The Dow Jones Industrial Average fell 58.96 points, or 0.3 percent, to close at 19,826.77, the S&P 500 dropped 6.76 points, or almost 0.3 percent, to 2,267.88 and the Nasdaq Composite declined 35.39 points, or ...More..

by | Wednesday, January 18, 2017

British American Tobacco (LON:BATS) Buys Reynolds American For $49.4 Billion

For each share, Reynolds shareholders will receive $29.44 in cash and 0.5260 British American shares. Equating to a total value, based on Monday's exchange rate between the dollar and pound, $59.64 a share, a t...More..

by | Wednesday, January 18, 2017

Insider trading claims follow HHS pick Tom Price prior to confirmation hearing

Tom Price's path to confirmation. Barely a week later, the senior Republican lawmaker introduced legislation created to delay until 2018 a new Centers for Medicare and Medicaid Services (CMS) reimbursement fo...More..

Oil Bosses in Davos See Shale Rebound Capping 2017 Price Surge
by | Wednesday, January 18, 2017

Oil Bosses in Davos See Shale Rebound Capping 2017 Price Surge

The consumption patterns in the USA as well as Canada on account of the winter season is something that will create incremental demand push, supporting oil prices. "As demand grows, they will go to the more exp...More..

by | Tuesday, January 17, 2017

Freezing rain forecast tonight

Lesser amounts of freezing rain and sleet are still forecast for the remainder of the Chicago-area south of the city into northwest Indiana. NWS says a band of wintry mix, including freezing rain, sleet, and ...More..

by | Tuesday, January 17, 2017

Luxottica and Essilor confirm plans to merge companies

Delfin will contribute its 62 percent stake in Luxottica at a ratio of 1 share in the Italian group for every 0.461 Essilor shares. "Finally, after fifty years, two products which are naturally complementar...More..

Bank of America Corp. Earnings Surge In Trading & Cost Cuts
by | Sunday, January 15, 2017

Bank of America Corp. Earnings Surge In Trading & Cost Cuts

At JPMorgan , FICC revenues were up 12% from the year-ago quarter, helping the bank post record fourth quarter markets revenues. For the current quarter the company has highest EPS estimates of $0.41 and low f...More..

George Soros Lost Nearly $1 Billion Following Trump's Victory
by | Sunday, January 15, 2017

George Soros Lost Nearly $1 Billion Following Trump's Victory

Over the year as a whole, his firm Soros Fund Management is up around 5%, despite the losses. A Soros-backed hedge fund start up, Glen Point Capital, suffered major losses as a result of market volatility in ...More..

Murphy questions Tillerson on Russian dossier, says nomination in trouble
by | Saturday, January 14, 2017

Murphy questions Tillerson on Russian dossier, says nomination in trouble

The US mainstream media calls attention to the fact that the nominee faced fierce resistance from Rubio. The former ExxonMobil chief is now being grilled by the Senate Foreign Relations Committee on, among ot...More..

Despite scandal-plagued image, Wells Fargo's wealth profits jump 10%
by | Saturday, January 14, 2017

Despite scandal-plagued image, Wells Fargo's wealth profits jump 10%

For recent position, 4 analysts have ranked the WU with Buy ratings. The institutional investor held 1.02 million shares of the major banks company at the end of 2016Q3, valued at $45.36M, down from 1.17 millio...More..

China rejects United States trade claims, says outlook challenging, complicated
by | Saturday, January 14, 2017

China rejects United States trade claims, says outlook challenging, complicated

The U.S. has won every case to be decided. As for the subsidies case, the U.S. China dramatically increased its aluminum production capacity in recent years with noncommercial loans worth billions of dollar...More..

Retail sales jump in December on strong vehicle and online shopping
by | Saturday, January 14, 2017

Retail sales jump in December on strong vehicle and online shopping

That beat a forecast for a 3.6 percent boost. The retail sales expanded 1.1 percent year-on-year and 0.5 percent on a sequential basis, driven by motor vehicles that rose sharply by 17 percent year-on-year and ...More..

Cuba: US ends preferential immigration policy
by | Saturday, January 14, 2017

Cuba: US ends preferential immigration policy

Obama made use of an administrative rule to change the policy which means that Donald Trump, who has strongly criticized Obama's efforts to improve U.S. Obama said the move would "bring greater consistency to o...More..

Def Leppard to perform in Sioux Falls
by | Saturday, January 14, 2017

Def Leppard to perform in Sioux Falls

There's a great buzz around the band right now and we're loving the fact that we can do this with the latest album being so well received". Come get rocked with Def Leppard , Poison , and Tesla this summe...More..

by | Thursday, January 12, 2017

Greencore Group reiterated as Buy By HSBC

PLC ( LON:BOO ) traded up 0.17% during midday trading on Tuesday, reaching GBX 145.25. The company's stock had a trading volume of 17,736,025 shares. The company's market cap is GBX 6.13 billion. Over the last ...More..

by | Thursday, January 12, 2017

Mexican Peso Drops to Historical Low in Wake of Trump's Wall Remarks

Trump spoke directly to companies that have plans to build in Mexico or elsewhere, promising to penalize companies that, "want to move to another country and fire all of our great American workers that got you ...More..

Valeant to sell $2.1 billion in assets to pay down debt
by | Thursday, January 12, 2017

Valeant to sell $2.1 billion in assets to pay down debt

The divestments bring in much-needed funds for Valeant, which had just over $30 billion in long-term debt on its balance sheet as of September 30, 2016. They set a hold rating and a $30.00 target price on the s...More..

U.S. stock indexes shift mostly higher in afternoon trading
by | Thursday, January 12, 2017

U.S. stock indexes shift mostly higher in afternoon trading

BIG SALE: Struggling drugmaker Valeant Pharmaceuticals jumped 7.5 percent after saying it will sell more than $2 billion in assets. Eight of the 11 major S&P sectors were lower. MRK. Big banks will provide ...More..

Trump says ObamaCare replacement should come quickly
by | Wednesday, January 11, 2017

Trump says ObamaCare replacement should come quickly

Another person said he thought ACA was "more American" than Obamacare. We all know someone who could be given the boot. Back when Obamacare was first being debated, there was no organized constituency with ...More..

by | Wednesday, January 11, 2017

Yahoo's Marissa Mayer to resign from board after Verizon deal

Eric joined the board of Yahoo last March. As of now, there is no official word on whether Marissa Meyer will continue as Yahoo CEO. Maynard Webb, the current chairman of Yahoo's board, also intends t...More..

by | Wednesday, January 11, 2017

Fiat-Chrysler says Trump had nothing to do with job announcement

The investment is the second phase of FCA's realignment of manufacturing operations to shift from small cars to more profitable trucks and SUVs. In fact, if anything, you should probably thank Barack Obama. It ...More..

by | Wednesday, January 11, 2017

Alibaba founder meets Trump

Trump about a plan to create 1 million U.S.jobs - or that's how they sold it. Trump escorted company head Jack Ma to the lobby of Trump Tower and appeared briefly with reporters after their meeting. Whi...More..

by | Wednesday, January 11, 2017

Gildan Wins $88M Bid For American Apparel in Bankruptcy

The acquisition is subject to court approval scheduled for Thursday. However, if the deal is concluded with approval from a DE court this week, Gildan will not acquire American Apparel's 110 retail stores i...More..

A taxpayer-friendly way to do tax reform
by | Wednesday, January 11, 2017

A taxpayer-friendly way to do tax reform

Sessions will take place from February 1 through April 12 on Mondays from 8:30 to 11:30 a.m., Tuesdays from 1 to 5 p.m. and Wednesdays from noon to 8:30 p.m. If Congress got rid of them all, it could cut indivi...More..

by | Wednesday, January 11, 2017

Iraq plans record February Basra oil exports despite OPEC cut in force

Brent crude futures LCOc1, the benchmark for global oil prices, were trading at $57.20 per barrel at 1229 GMT (7:29 a.m. ET), up 31 cents from the previous close. Moreover, Nigeria - which, like Libya, is exemp...More..

by | Tuesday, January 10, 2017

Uber launches Movement, boon for urban planners

Movement aims to provide driving data to urban planners so local transportation systems can be optimized to operate more efficiently, a challenge that increases as population growth in cities outpaces infrastr...More..

by | Tuesday, January 10, 2017

Flipkart Rejigs Management Again; Kalyan Krishnamurthy to Replace Binny Bansal as CEO

Mr. Krishnamurthy joined Flipkart in June past year as head of 'category design organisation.' He was hired from Flipkart's largest investor Tiger Global, a New York-based investment firm. Ananth, Sameer and Kr...More..

by | Tuesday, January 10, 2017

FCA To Invest $1 Billion For Jeep Pickup, Wagoneer And Grand Wagoneer

While the Wagoneer and the Grand Wagoneer is likely to be based on the same platform as the next-generation Grand Cherokee , the Jeep pickup truck will be based on the Wrangler . Because of low demand, it wil...More..

GMC Terrain Unveiled, Will Be Offered with Turbo-Diesel
by | Tuesday, January 10, 2017

GMC Terrain Unveiled, Will Be Offered with Turbo-Diesel

Both gas engines are mated to a nine-speed automatic. Hold on tight as the revolutionary design of the GMC Terrain might blow your pounding hearts away. For those who want more, the Denali trim level offers a u...More..

by | Monday, January 09, 2017

Chinese submarine surfaces in Malaysia after 'fighting pirates'

The analyst read the submarine visit as a sign that Chinese subs could operate with Malaysia's approval in the southern extremes of the South China Sea, including around the disputed Spratly Islands, the Journa...More..

Sears, Kmart to close more stores across U.S.
by | Monday, January 09, 2017

Sears, Kmart to close more stores across U.S.

Sales at stores open at least 12 months that include licensed businesses dropped a combined 2.1 percent in November and December compared to previous year, while sales at stores that do not include licensed bus...More..

by | Monday, January 09, 2017

Clothing chain The Limited closing stores nationwide, reports say

Executives in the New Albany, Ohio-based company previously declined to confirm the closures, but store employees nationwide began confirming the planned closures shortly before the New Year . Apparel retailer...More..

by | Monday, January 09, 2017

Transaction tax: Banks give in, narrow escape for motorists

According to Ravi Shinde, president of Mumbai Petrol Dealers Association, most of the petrol pumps are using HDFC and ICICI Bank's swipe machines at 52,000 petrol pumps out of the 53,842 public sector fuel reta...More..