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Saudi's Falih says non-OPEC countries willing to help balance oil market

In terms of actual market dynamics, the International Energy Agency said global crude oil supply increased by 600,000 barrels per day in September. Oil prices are set to be one of the big market focuses Tuesday, after prices rose as much as 3 percent on Monday, helping both USA and European markets close in positive territory.

Business

Chesapeake Energy Corporation, (NYSE:CHK), Rio Tinto, (NYSE:RIO)

Shares of Parsley Energy, Inc. United States oil prices finished at their highest level of 2016 Monday after President Vladimir Putin said Russian Federation was ready to align with OPEC's push to limit oil output. Chesapeake Energy Corp. The company's quarterly revenue was down 53.9% compared to the same quarter previous year. The company's revenue was down -53.9 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $-0.11 EPS.

Business

Full LIRR service to be restored for evening commute following train derailment

The tracks have been out of service since Saturday night when a passenger train apparently side-swiped a work train near the New Hyde Park station, causing a derailment that injured 33 people . A yellow maintenance train entered the space of the passenger train, causing it to come off the tracks and leaving "a splatter of yellow paint where the first collision occurred", New York Gov.

Business

Specialty Chemicals: PPG Industries, Inc. (NYSE:PPG) Position of the day

Several other research analysts have also recently weighed in on the company. PPG Industries now has an average rating of "Buy" and an average price target of $121.17. Ltd. increased its position in shares of PPG Industries by 25.7% in the first quarter. Stated earnings include formerly revealed pension settlement charges that totaled $2.31 per share in third quarter 2016 and 2 cents per diluted share in the previous year.

Business

Dak Prescott is the talk of the NFL

He's goes about it the right way. Marcus Sherels returned a punt 79 yards for a touchdown and Cordarelle Patterson scored on another sharp throw by Sam Bradford , who produced another turnover-free game and deftly guided the Vikings (5-0) into their bye week.

Business

Sen. Wicker: Senate Approves Temporary Government Funding Bill

The continuing resolution also includes disaster relief for flood victims in Louisiana and West Virginia, as well as a military construction and veterans spending bill that died in the Senate in June after it became the vehicle for a Zika proposal Democrats staunchly opposed.

Business

Clinton Sidesteps Hacked Email Question

The Guardian reports her minimum fee was $225,000 per speech, according to tax returns. In an internal Clinton campaign email released by Wikileaks , Research Director Tony Carrk urged staff to "give an extra scrub" to the transcripts of Wall Street speeches before any portions could be publicly released.

Business

Punish Wells Fargo, lawmakers tell Fed Chair Yellen

Thursday's hearing may be softer on Stumpf than the bipartisan tongue-lashing he took from the Senate Banking Committee on September 20, in which Massachusetts Senator Elizabeth Warren called him a "gutless leader" who should be criminally investigated.

Business

Euro edges up as Deutsche Bank r

United Kingdom shares lagged amid concerns about the financial health of Deutsche Bank and allegations that Wells Fargo had violated the Servicemembers Civil Relief Act, raised concerns over the systematic risk in the broader financial sector.

Business

Chevron Corp. (CVX) Earns Equal Weight Rating from Barclays PLC

CVX has been the topic of several other reports. Analysts' mean recommendation for Chevron Corporation's ( CVX ) stands at 2.20. Mastercard Inc (NYSE:MA) shares now have a mean rating of 2.00 while 19 analysts have recommended the shares as "BUY", 9 commented as "OUTPERFORM" and 6 commented as "HOLD".

Business

JP MOrgan Upgrades Rating Raises Price Target On Seagate Technology PLC (STX)

Seagate Technology PLC (NASDAQ:STX)'s stock had its "buy" rating restated by BTIG Research in a report released on Thursday. October 7 investment analysts at held the stock rating at "Buy" but moved up the price target to $45.00 from $38.00.

Business

In split, Ryan stumping for House GOP but not for Trump

Ryan didn't formally rescind his endorsement of Trump, but conservatives criticized him for not standing with Trump after Ryan said he could no longer defend or campaign with his party's presidential nominee. "Trump", the baby said into the microphone. Pence, Indiana's governor, tried to put Trump's obscene remarks about women behind him. Kellyanne Conway, Trump's campaign manager, meanwhile, offered a note of warning for Republicans fleeing Trump.

Business

Alcoa Shares Sink as Revenue Missed Estimate

That has meant an ongoing drag on sales in its alumina and primary metals business, which will keep the " Alcoa " name when the 128-year old company splits in two on November 1. Alcoa's results are watched closely as a barometer of the economy because its products are used in so many industries. Alcoa said it expects a 2016 global aluminum deficit of 615,000 metric tons, as 5% demand growth surpasses 3% supply growth., the company expected 5% demand growth and 2.5% supply growth.

Business

Chicago latest to sanction Wells Fargo for defrauding customers

IL is the second state, following California, to punish Wells Fargo with a one-year business moratorium in the wake of the bank's fake account scandal. Wells Fargo holds the biggest share of deposits in the Allentown-Bethlehem-Easton metropolitan statistical area, according to the most recent figures from the Federal Deposit Insurance Corp.

Business

ACADIA Pharmaceuticals Inc. (NASDAQ:ACAD) stock is worth $44.78

For recent position, 7 analysts have ranked the ACAD with Buy ratings. Cowen and Company's target price points to a potential upside of 36.76% from the stock's current price. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink . Also, Director Edmund Harrigan acquired 1,000 shares of Acadia Pharmaceuticals stock in a transaction dated Tuesday, August 16th.

Business

Amber Alert issued for missing Lakeland girl

The search for a missing 4-year-old Florida girl ended in Tennessee Monday afternoon after she was located safely in Memphis, authorities said . An employee of the hospital spotted Lewis in a vehicle outside the hospital with her suspected kidnapper, West Wild Hogs, and recognized them from TV coverage of her disappearance, deputies said.

Business

GE to buy wind turbine rotor blades maker for $1.65 bln

The transaction, subject to regulatory and governmental clearance, is expected to be completed during the first half of next year. "This combination will help sustain growth in the wind power industry", GE said in a statement. LM Wind Power will then operate as a standalone unit within GE Renewable Energy and will continue to fully support all sector clients. "With our combined global footprint, we can build flexible solutions for customers around the world".

Business

Missiles fired from Houthi-held Yemen land near USA warship

The US navy said no American sailors were injured in Sunday's attack and no damage was done to the USS Mason , a guided missile destroyer sailing north of the Bab Al Mandeb strait. Moreover, Mouallemi told Asharq al-Awsat that there are ongoing pursuits to have the Security Council's attention on necessary procedures due to intensive missile attacks by Houthis on Saudi territories and on regions far from the Saudi-Yemeni borders.

Business

Red Sox Had Their Chances, Bats Came Up Short

NOTES: The sweep was the Indians' first in the postseason since 1995, when they swept the Red Sox in the AL Division Series. He's truly one of the best, and you can tell the way people were hanging around yelling his name and everything. The outcome of the game was not the storybook ending anyone would have wanted for David Ortiz , but it is the culmination of an impressive career that will likely take him to Cooperstown.

Business

Tom Brady's Back And Patriots Teammates Could Not Be Happier

That includes the last meeting between the teams in 2013 in which Brady passed for 418 yards and two touchdowns, including a 1-yard strike to Amendola with 31 seconds remaining that proved to be the game victor. Going forward, the Dolphins are home for the next four, including divisional games against the Bills and Jets. "I feel like we need to get out to Cleveland and play well in order to win".

Business

Samsung halts all sales of Galaxy Note 7

Pressure had been mounting for Suwon-based Samsung to act decisively, after the original and replacement Note 7 were taken off shelves while the company investigated the cause of the latest problems. The technology giant delayed the launch of the Note7 in the United Kingdom in September as it investigated and replaced faulty units that were overheating and exploding.

Business

Russia-Turkey seal reconciliation with a strategic energy deal

We had a chance to discuss Syria in detail", Erdogan said. "We will make up for lost time in the coming days", Erdogan said. "We believe there is firm and common ground for continuous collaborative efforts among producers, both within and outside OPEC".

Business

BNP Paribas Analysts Give Exxon Mobil Corp. (XOM) a $80.00 Price Target

Leading up to the next earnings announcements investors should pay close attention to the analysts sentiment on the stock and which direction they are revising their estimates. Exxon Mobil Corp. had a net margin of 4.51% and a return on equity of 5.94%. Campbell Newman Asset Management Inc. boosted its position in Exxon Mobil Corp.by 72.1% in the first quarter.

Business

Arvest Bank Trust Division Lowers stake in Hewlett Packard Enterprise Co (HPE)

The consensus rating is 2.3, suggesting the market has given up on the stock. The stock has received rating from many Reuters analysts. Hewlett Packard Enterprise Co (NYSE:HPE) went lower by -1.26% to close at $ 22.34. In other news, EVP Michael G. Nefkens sold 107,500 shares of the firm's stock in a transaction dated Thursday, September 15th. The stock established a positive trend of 3.33% in last week and indicated fall of -11.08% in previous month.

Business

Fed's Fischer forsees gradual interest rate rises

Economists at the Chicago Fed, he said, estimated that the natural rate of unemployment was at 4.7 per cent, and that this rate would fall to 4.5 per cent by 2020. The greenback also rose as the second USA presidential debate Sunday added to speculation Democratic nominee Hillary Clinton will prevail over Republican Party candidate Donald Trump.

Business

Yum Brands to return US$13.5 billion to shareholders by 2019

Yum's China business will begin trading on November 1 on the NYSE with the ticker symbol YUMC. While the separation will allow Yum to focus more on its domestic operations - where it's trying to revamp brands and boost sales - Creed said Yum has remain involved with the business.

Business

Travel chaos across Hertfordshire as three-day Southern Rail strike begins

A series of strikes on Southern trains in the United Kingdom has begun as a long running dispute over the role of guards on-board. The RMT revealed yesterday that it could "confirm the receipt of a formal legal challenge from Southern Rail", while Southern said it was considering "all possible options" to stop the strikes, and that those options included "a legal challenge".

Business

Bale scores before Wales slips up again against Georgia

James Chester's header from Bale's long throw (a new weapon in the Welsh arsenal) was saved by Almer, only for the ball to ricochet off Kevin Wimmer and creep into the net. Yet by the end of the 2018 World Cup qualifier, there only looked like being one victor with Georgia attacking in waves and Valeri Kazaishvili shooting against the crossbar from outside the area.

Business

Trader's Round Up: Southwest Airlines Co. (NYSE:LUV)

Franklin Resources Inc. increased its stake in Southwest Airlines by 38.9% in the first quarter. The price-earnings ratio (P/E Ratio) is the ratio for valuing a company that measures its current share price relative to its per-share earnings.

Business

Britain's FTSE 100 stock index hits record as pound tanks

The FTSE 100 touched an intraday high of 7,121.98 this morning, one point below its all-time peak set in April previous year. The FTSE 100 has made a healthy recovery since the Brexit vote. Chris Beauchamp, chief market analyst at the online trading group IG, said: "UK investors will once again be cheering the impact of a falling pound, as the drop in sterling once again works its magic on the FTSE 100 ".

Business

Pence, Kaine go toe-to-toe in debate

In Grantville, Pennsylvania, Pence had this to say about his own performance: "Some people think I won.From where I sat, Donald Trump won that debate ". These are all the things that this campaign are taking from the American people. Kaine: "You want to use a big broad brush against Mexicans on that?" "You're the one on the ballot".

Business

Samsung NZ joins global halt on Galaxy Note7 sales & production

But Samsung stopped selling the device after it found that even the supposedly safer replacements it was providing for recalled Note 7 phones were catching fire. The measures announced by the world's largest smartphone maker came a little over a month after it recalled 2.5 million Note 7s in 10 markets following complaints that its lithium-ion battery exploded while charging.

Business

Samsung tells users: Turn off your Galaxy Note 7 phone NOW

Samsung's decision to pull Note 7s off the shelves for the second time in two months underscores the firm's struggles to fix its problems. Samsung has reportedly suspended production of the Galaxy Note7 following issues where replacement devices were also catching fire.

Business

Russian Federation supports OPEC plan to limit oil production

Iran , for example, has insisted it will make no production cuts as it tries to revive its oil industry to pre-sanctions levels. "The rally was purely sentiment-driven as the details of how this would actually work are still pretty thin on the ground, but given Russian Federation is the biggest oil producer in the world any deal that gets them to cut back will be seen as a big positive for the oil market", Angus Nicholson, market analyst at IG in Melbourne, wrote in a note.

Business

Turkey Develops Domestic Missile Defense System, No Agreements With Russia

Alongside geopolitical issues related to the civil war in Syria, where both sides have varying allegiances, the two leaders discussed new life for the Turkish Stream pipeline, a revision to a much larger project meant to carry Russian natural gas to Europe.


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