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Walmart Commits Up To $20 Million Toward Hurricane Harvey Relief

She says most are staging in Louisiana, adding that they're digging in despite the already overwhelming circumstances. As the flood waters rise in Texas, the Red Cross chapter in MA is getting overloaded with calls and questions from residents who want to volunteer .

Business

West Brom complete £7m signing of Kieran Gibbs

But, according to the report, West Brom have rejected two bids of £25 million - one from Arsenal and the other from Leicester City . The signing of Sead Kolašinac in the summer also put Gibbs' position in the squad under scrutiny. They had walked away from talks with Arsenal earlier in the summer because the Gunners wanted £12m for the England worldwide, but returned once they had lowered their asking price.

Business

Storm Harvey Paralyzes a Fifth of US Fuel Output

USA refineries were running at near full rates in the weeks before the storm, chasing healthy margins as the critical summer driving season comes to a close and leaving very little spare capacity to help supply the hard-hit Texas region as it recovers from the storm.

Business

Traders rush to ship oil from Louisiana as Harvey looms

Restarting those plants even under the best conditions can take a week or more. "It will be a while before operations can return to normal and the USA refining industry is bracing itself for an extended shutdown", Stephen Brennock of oil broker PVM said.

Business

Pizza Hut Employees Delivering Free Pizzas by Kayak for Harvey Victims

People riding out Hurricane Harvey's destruction in a flooded Texas neighborhood received an unexpected treat of hot pizzas delivered by kayak. So when Pizza Hut manager Shayda Willison looked into her restaurant and realized they could make some pies, she made sure her neighbors got fed.

Business

The aftermath of Hurricane Harvey raises gas prices nationwide

The gasoline shortage arrives even though USA crude oil production remains near historic highs at more than 9 million barrels of oil a day. Price increases do not reflect a shortage of gasoline supplies in the Gulf Coast region or across the country.

Business

Deal close for Rockwell Collins purchase

Volume represents the interest in the trading activity of said shares. The short-interest ratio increased to 1.0 and the percentage of shorted shares was 0.03% on August 15. $683,154 worth of Rockwell Collins, Inc . Investors sentiment increased to 2.72 in Q4 2016. Its down 0.14, from 1.6 in 2016Q3. It is positive, as 42 investors sold COL shares while 150 reduced holdings.

Business

UK Prime Minister May seeks to reassure Japan on Brexit

British Prime Minister Theresa May , in her first official visit to Japan, signed a joint statement with Japanese Premier Shinzo Abe stressing the need to expand military cooperation in the face of the growing threat posed by Pyongyang's nuclear and ballistic missile programme, Efe news reported.

Business

Campbell Soup shares dip 4.5% premarket after sales and profit miss

The company is bearing the brunt of a tough macroeconomic scenario in the food industry, with soft consumption patterns. "Our negotiations with customers for soup season involve joint business planning with plans for spending and merchandising linked to a sales goal", Morrison said during a conference call reviewing financial results for the fourth quarter on Thursday.

Business

Oil rises, gasoline jumps 13 per cent as United States refineries reel

Motiva Enterprises is now mulling whether to close its 603,000-barrel-per-day crude oil refinery in Port Arthur, which is the country's largest, Reuters reported. Another pipeline that carries crude from the big Permian Basin field in Texas to Houston-area refineries is also closed. Buyers for Latin America, where many countries are heavily reliant on USA supplies, are trying to buy cargoes.

Business

Energy Secretary: US gas prices will rise in Storm Harvey's wake

The glut caused oil prices to crash to $26 a barrel in early 2016. Phillips 66's Lake Charles, Louisiana, refinery has capacity to process 239,400 bpd, according to data compiled by Bloomberg. About 4.4 million barrels of US refining capacity has been shut by Harvey, based on company reports and Reuters estimates. At least two East Coast refineries have already run out of gasoline for immediate delivery as they scrambled to fill barges to markets typically supplied by the Gulf Coast , ...

Business

Crude Oil Prices Rally Slightly, Refinery Outages Still Damaging

The storm also revived a long-running debate about the Strategic Petroleum Reserve, which holds 679 million barrels of crude oil in four locations in Texas and Louisiana. Department of Energy. That has pushed USA crude prices below prices for crude elsewhere, making it cheap for worldwide refiners if they can still get a cargo out.

Business

Theresa May insists she will fight the next general election

On Wednesday , Theresa May said she meant to lead her party into another election, whenever that was. The Government has been accused of glossing over the damage Brexit could do to relations with Japan after it emerged that Britain could come out of more than a dozen deals on leaving the EU.

Business

Refiner Shares Jump as Harvey Hoists Margins, Despite Shutdowns

Prices, however, pared much of their earlier losses as traders looked ahead to USA supply data due Wednesday from the Energy Information Administration covering the week ended August 25. With gasoline futures climbing, the AAA said retail gasoline prices were up 6 cents from a week ago at $2.404 per gallon of regular gasoline nationwide.

Business

Money Donations Better Than Food, Clothing: Red Cross

Wyoming and Colorado residents are traveling to Texas to volunteer after the record-breaking Hurricane Harvey . It is a historic disaster that requires an epic response from the Red Cross. Greenville, S.C (WSPA) Dozens of volunteers from SC are heading to Houston to assist in the relief efforts. "Shell employs almost 20,000 people in the US and almost half of them are being directly impacted by Harvey ", said Culpepper.

Business

Here's how analysts see Hays plc (LON:HAS) after this past week

It has underperformed by 16.70% the S&P500. In analysts note issued to investors and clients on 31 August, Melrose PLC (LON:MRO) stock had its Buy Rating reiterated by stock analysts at Liberum Capital. Clover Partners L.P. owns 351,920 shares or 2.92% of their USA portfolio. Since April 3, 2017, it had 0 insider purchases, and 1 insider sale for $1.03 million activity.

Business

Are Spirit Realty Capital, Inc. (SRC) Stock Technicals Favorable?

Where the relative strength index (RSI) is a technical momentum indicator that compares the magnitude of recent gains to recent losses in an attempt to determine excess buying & selling conditions of an asset, it is one of the most popular technical indicators, computed on the basis of the speed and direction of a stock's price movement.

Business

German inflation picks up more than expected, still below European Central Bank target

The ECB, which holds a policy meeting next week, aims for pan-euro zone inflation to be just below 2 percent. "It can continue its course towards normalisation", he said. As well as potentially weighing on exports, the high currency has the potential to keep a lid on inflation by making imports cheaper. Excluding the volatile elements of energy and food, alcohol and tobacco, the core rate of inflation remained stagnant at 1.3%.

Business

Gas Prices To Continue Rise As Key Southeastern Pipeline Runs Intermittently

It runs out out of Louisiana, and it's still operating. There are two conduits now pumping intermittently, but carrying fuel only from Lake Charles, La., which means half of the refineries the lines usually connect to are cut off, the Alpharetta-based company said.

Business

Dollar General beats Street, but profit slides; ups forecast

Bank of America Corporation restated a "buy" rating and set a $90.00 price objective on shares of Dollar General Corporation in a research report on Friday, August 25th. Dollar General Corporation also saw some unusual options trading activity on Monday. On August 30, the Board of Directors declared a quarterly cash dividend of $0.26 per share, payable on October 24 to shareholders of record at the close of business on October 10.

Business

Average US mortgage rates fall; 30-year at 2017 low of 3.82

The adjustable-rate mortgage (ARM) share of activity increased to 6.9 percent of total applications. For the second straight week, the key mortgage rate fell to a new low for the year, Freddie Mac reported. 10 year fixed rate loans at the bank start at 2.750% with an April of 3.424% today. Here's how to snag the best mortgage rate. The Market Composite Index, a measure of mortgage loan application volume, decreased 4 percent compared with the previous week.

Business

Darjeeling unrest: GJM split wide open over decision to withdraw strike

Nearly 11 weeks into the Darjeeling shutdown, three major political parties in the hills held talks with the West Bengal government at the State Secretariat "Nabanna" building here on Tuesday, reviving fresh hopes that the deadlock may be resolved.

Business

UK, Japan urge Chinese pressure on North Korea

From left, Japanese Defense Minister Itsunori Onodera and Foreign Minister Taro Kono answer questions from the media with Secretary of State Rex Tillerson and Defense Secretary Jim Mattis after a meeting of the U.S. But Japan is also an important destination for British investment. "What we all hope is that while is not very long", he told reporters after Abe and May spoke at a UK-Japan trade summit in Tokyo .

Business

Amazon Facing Class-Action Lawsuit Over Solar Eclipse Glasses

Both Payne and Harris used the glasses to view a total solar eclipse - when the sun, moon and earth line up at precisely the same time - on August 21. Amazon did not disclose the scale of the recall or a list of affected vendors. They claim the Seattle-based company was negligent and are asking for an unspecified monetary award for damages.

Business

Hurricane Harvey Tosses Global Oil Markets Into Chaos

During early morning runs for gasoline on August 29, North Texans discovered the new reality of what they will have to pay at the pump - thanks to Hurricane Harvey. and produces 600,000 barrels of fuel a day. Hurricane Harvey may achieve in global crude oil markets in a few days what Opec and its allies have struggled to achieve in months - a tightening of supplies and a rise in prices.

Business

Washington Trust Bank Increases Stake in Kinder Morgan Inc/De (KMI)

The SI to Graham Corporation's float is 0.72%. The total number of shares traded in the last 90-day period is 5,849. It is down 15.66% since August 31, 2016 and is downtrending. Creative Planning invested in 0.05% or 370,714 shares. Share performance for the month is now at -1.48%. 04/21/2017 - Macquarie began new coverage on Kinder Morgan, Inc.

Business

Storm Harvey paralyzes a fifth of U.S. fuel output

At least 3.6 million bpd of refining capacity are offline in Texas and Louisiana, which is almost 20% of total USA capacity. International Brent crude was at $50.74 a barrel, down 12 cents from the previous day, when the contract fell by more than 2 percent.

Business

Hurricane Harvey: Flooding knocks out United States refineries, crude hit by supply disruptions

Gulf Coast facilities are shut down due to ongoing extensive flooding from what's left of Hurricane Harvey. Refinery shutdowns from the storm helped push USA gasoline prices to $1.7799 per gallon on Monday, the most since 2015, although they receded slightly to $1.7374 per gallon by 0532 GMT on Tuesday.

Business

Smart Vision EQ ForTwo Concept Revealed - The Future Of City Cars?

Featuring Level 5 autonomy means no driver input is required, hence the lack of steering wheel and pedals. Yes, fully autonomous! And this means that the Vision EQ ForTwo does not get either pedals or a steering wheel for that matter, making it the first auto from the Daimler stable to get neither.

Business

First quarter GDP grew 5.7 per cent

The slowing GDP number indicates the economy is reeling under the impact of the destocking activity and the uncertainty prevailing under the newly rolled the Goods and Services Tax ( GST ). Companies had significantly scaled down production in June as part of a business strategy to carry over as little old stock as possible into July, triggering an unexpected mid-year pre-GST "sale" season on many products at heavy price markdowns.

Business

American Red Cross: How Northlanders Can Support Harvey Victims

Leaders at the East Tennessee Chapter of the Red Cross say those volunteers will be on a standby list to deploy as needed. "Once we're able to get people back to their homes , or what used to be their homes, then we'll get into some additional assistance the Red Cross will provide", Salemme said.

Business

Toshiba Says Continuing Talks With 3 Consortia Of Purchasers Of Memory Arm

The proposal also calls for Toshiba to be part of the deal, investing 200 billion yen, the source said. The Japan-U.S. -South Korean consortium, which Toshiba had initially picked as its preferred bidder, made a last-minute bid for Toshiba's chip unit, offering around 2 trillion yen ($18 billion) in cooperation with Apple while Hon Hai is planning to make a new offer as well, according to sources close to the matter.

Business

Qantas re-routes Sydney-London flights via Singapore

The adjustments announced today will also deliver financial upside to both airlines, with Qantas annualised net benefit estimated at more than AU$80 million from financial 2019 onwards. "When Qantas did the deal with Emirates its worldwide fortunes were not attractive.they weren't negotiating from a strong position", said Neil Hansford, who runs consultancy Strategic Aviation Solutions.

Business

Monsoon slams India's Mumbai, surrounding areas

More heavy rains had been forecast for yesterday, forcing the government to order schools and colleges shut, but in many areas the downpours were lighter. In several parts of the city, inundation affected power supply as well. Heavy monsoon rains in Mumbai have thrown the Indian city's transport systems into chaos.

Business

Not 'Typhoon-Like' But 298 mm Rain Since Morning Stalls Mumbai

A monsoon low tracking over northwestern India will bring several days of heavy rainfall and potential flooding to western and northwestern India as well as southern Pakistan. "Urge people of Mumbai and surrounding areas to stay safe and take all essential precautions in the wake of heavy rain". Mumbai Police spokeswoman Rashmi Karandikar said seven other people were missing in Mumbai .


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