At least two major pipelines - one that ships gasoline across the southern United States to NY, and another that flows north to Chicago - have been slowed or stopped since Harvey struck the Gulf region. The effects of Tropical Storm Harvey have shut down an estimated 30 per cent of USA gasoline production. Price of regular gas: 123.9 cents per litre.
The number of people unemployed was little changed at 7.1 million, with the jobless rate wavering between 4.3 and 4.4 percent since April. The government also revised down its estimate of job growth in June and July by a combined 41,000, leaving an average monthly gain this year of a solid 176,000.
UBS AG set a $140.00 price objective on Palo Alto Networks and gave the stock a "hold" rating in a report on Tuesday. OTR Global reaffirmed a positive rating on shares of Palo Alto Networks in a research note on Wednesday, May 10th. Palo Alto Networks (NYSE:PANW) last issued its quarterly earnings results on Wednesday, May 31st. If you are accessing this report on another publication, it was copied illegally and reposted in violation of United States & worldwide copyright law.
A total of 15.28 trillion rupees (S$324 billion) was returned to the central bank through lenders, a number that could renew scrutiny about the effectiveness of the shock measure announced last November. Moreover, he is also hopeful that with the proposed Goods and Services Tax (GST), the economy will see a growth. Experts like him, who defend demonetisation, suggest that now the depositors can not escape scrutiny as the information is available with the government on who has how ...
The firm has "Outperform" rating by Barrington Research given on Tuesday, December 29. The stock of Devon Energy Corp (NYSE:DVN) earned "Buy" rating by Citigroup on Monday, July 18. Most recently the business also disclosed a divided for the quarter, expected to be paid on early Fri, Sep 29th. traders with a divided record date on Fri, Sep 15th will be given a dividend of $0.06 for a share.
The portion of a company's profit allocated to each outstanding share of common stock was $3.5 a share in the trailing twelve months. Its down 98.58% from 217,600 shares previously. A number of analysts have recently commented on CTXS shares. 620.05 million shares or 0.84% less from 625.33 million shares in 2016Q3 were reported.
We have enough gasoline across the country and enough gasoline in Texas". "This will subside. It's only a logistics concern". "So, yes, that's a lot", Sitton said. "It's the same everywhere", said a Corner Store manager, who asked to remain anonymous. Those that still have fuel are charging as much as triple the usual price.
Dow and DuPont announce that their boards of directors approved a definitive agreement under which the companies will combine in an all-stock merger of equals. Shares of Dow and DuPont will cease trading at the close of the New York Stock Exchange (NYSE) on August 31. "The company expects to reach 100 per cent run rate on the cost synergies within the first 24 months of merger closing", it added.
Fiat Chrysler Automobiles N.V.'s sales went up.1% on a YOY basis. on consensus, Brokerage firms predict that Fiat Chrysler Automobiles N.V.to post $2.61 EPS for the full year. Fiat Chrysler Automobiles N.V. had a ROE of 15.69% and a net profit margin of 2.51%. Showing a price of $14.80, Fiat Chrysler (NYSE:FCAU) traded 1.22% higher on the day.
USA gasoline futures jumped 4 percent to settle at 1.7833, the highest in more than two years. OCBC had the highest 2017 Brent forecast at $57 per barrel, while Oxford Economics had the lowest at $48.34. Other integrated energy companies such as Petrobras and Chevron also shut down their refineries at Pasadena and Baytown respectively. "The longer-term impacts are unclear".
The stock of Ball Corporation (NYSE:BLL) has "Buy" rating given on Thursday, August 3 by Jefferies. Finally, Scotiabank set a $55.00 price target on Marathon Petroleum Corporation and gave the company a "hold" rating in a research report on Tuesday, July 11th.
Wall Street futures pointed to 0.3 percent gains for the main S&P 500, Dow and Nasdaq markets. LONDON, Aug 31 ( Reuters ) - Investors rediscovered a taste for the dollar and commodities on Thursday, as upbeat Chinese and USA economic news whetted appetite for riskier assets globally, while tensions over North Korea simmered in the background.
Yum. What started as a series of made-for-Instagram DIY-style experiments occasionally popping up on your feed, has become a full-on PSL-inspired makeup trend . The PSL has crept up and tapped us on the shoulder slightly earlier than usual this year, but that's great for pumpkin- and fall-lovers, because now there's more time to curl up under a blanket scarf with some sweet, sweet, PSL goodness.
Northwest wind 6 to 9 miles per hour. Clear skies with a high of 90 degrees are forecast for Saturday , and then it may heat up even more Sunday with a high of 95 degrees, which would tie the high temperature record for September 3, set in 2014.
But overall, crude prices have ailed since Harvey hit, as closed refineries have dried up demand for oil . Others were seen running at higher rates to boost profitability by filling shortages. "The U.S. exports distillates to Europe ". "Retailers can either go out of business or pass their costs along", said Tom Kloza, director of global energy analysis at the Oil Price Information Service.
Crude prices dipped after the report , with USA oil futures down 1.2 percent to $45.89 a barrel, and Brent off 1.4 percent, or 71 cents, to $51.29 a barrel, as of 10:39 a.m. refining capacity offline. The impact of Hurricane Harvey has continued to dominate markets with sharp fluctuations across the energy complex due to the impact of refinery outages.
The target price indicates a potential upside of 6.33% from Polymetal International PLC (LON:POLY)'s last price. Ratings analysis reveals 43% of FMC Tech's analysts are positive. The Africa and Asia segments are engaged in the sale of personal care, home care and food, and nutrition products. It has a 9.41 P/E ratio. TP ICAP plc, formerly Tullett Prebon plc, is a United Kingdom interdealer broker.
Reddy's from manufacturing and marketing a generic film alternative in the US. Shares in Indivior have plunged 37% after a United States court ruling raised the possibility that its Suboxone Film opiod addiction treatment could face competition from a cheaper product.
Several other major manufacturers have announced diesel scrappage schemes for the United Kingdom in recent months, including Toyota, BMW , Mercedes , Hyundai and Ford. SEAT scrappage savings range between £1,500 and £3,500 and discounts on new Skodas vary between £1,500 and £4,000. VW's United Kingdom scheme falls short of the terms offered to drivers in its home market.
Brent crude futures were down 7 cents, at United States dollars 51.93 per barrel. Hurricane Harvey-which brought record flooding to the U.S. oil heartland of Texas and killed at least 35 people-has paralyzed at least 4.4 million barrels per day (bpd) of refining capacity, according to company reports and Reuters estimates.
ENUGU-Governor Ifeanyi Ugwuanyi of Enugu State, Chief Charles Udeogaranya of All Progressives Congress, APC, and ex Anambra Governor, Peter Obi yesterday, felicitated with Muslims, urging them to use the period to continue to promote and abide by the core values of Islam for the sustenance of peace, progress and unity of the country.
So I have no faith in the police station. Ishrat Jahan had sought protection after the Supreme Court verdict on Triple Talaq matter, in which she was one of the five key petitioners. "Copies of the letter have also been forwarded to the Howrah City Police Commissionerate and the local Golabari police station", she said. About a month ago, of the four children of Jahan and her husband, two had come back to Jahan while two daughters chose to stay with their father in Bihar.
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 .
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.
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.
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.
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.
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.
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.
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.
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.
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.
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 , ...
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.
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.