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Shell Midstream Partners, L.P. (NYSE:SHLX) earnings expectations

Recently stock market analysts updated their outstanding price targets on shares of PennTex Midstream Partners, LP (NASDAQ:PTXP). They issued an "outperform" rating and a $16.00 price target for the company. Shares registered one year high at $60.08 and the one year low of $35.76. Investors of record on Friday, November 4th were paid a $0.2475 dividend. The ex-dividend date was Thursday, November 3rd.

Business

Further Dublin flights grounded as Lufthansa strike continues

Lufthansa offered to increase pay by 4.4 percent in two steps by mid-2018, and make a one-time payment of 1.8 monthly salaries in lieu of past increases. The union has been demanding a pay rise of an average of 3.66 percent per year, retroactive for the past five years. A pilot at Lufthansa earns on average 180,000 euros a year before tax, though a captain on the highest pay level can earn as much as 22,000 euros a month before tax.

Business

Global markets mixed in quiet trading on US holiday

TOKYO , Nov 25 Japan's Nikkei share average rose for a seventh straight session on Friday after USA shares soared and the dollar jumped further against the yen, lifting prospects for better corporate earnings. But some major exporters were down, with Toyota sliding 0.97 percent to 6,297 yen and rival Honda off 0.37 percent at 3,174 yen. The central bank allows the currency to float within a 2 percent range from the daily fix.

Business

Zacks Earnings Estimates: Tesla Motors, Inc. (NASDAQ:TSLA)

The growth estimate for The Dow Chemical Company (NYSE:DOW) for the current quarter is -4.3 percent. Investors interested in trading TSLA stock at the current market price of $193.14/share should know the company will next release quarterly results for the December 2016 quarter.

Business

Italy's Renzi moves toward budget approval ahead of referendum

It will take place on 4 of December . Italy's upcoming referendum on constitutional reform is not only "very important", but also has the potential to catalyze repercussions Europe-wide, according to the chief executive of Italy's biggest utility.

Business

The Crowds and Chaos of Black Friday Arrive

The world's largest retailer knows Black Friday (or maybe any day, for that matter?) is all about shopping so its doors will be open for the entirety of the holiday. Wal-Mart Stores Inc., which started its Black Friday sales in stores on Thursday at 6 p.m., says shoppers were embracing different types of tech products.

Business

(LLY) Rating Lowered to Market Perform at BMO Capital Markets

LLY has been the topic of several other research reports. Jefferies Group reaffirmed a "buy" rating and set a $100.00 target price (down previously from $105.00) on shares of Eli Lilly and in a research report on Friday, October 28th. The firm's revenue for the quarter was up 4.7% compared to the same quarter a year ago. This number represents the scoring on a scale of 1 to 5, where 1 implies a Strong Buy and 5 denotes a Strong Sell.

Business

Arista Networks Inc. (ANET) PT Raised to $100.00 at Pacific Crest

During the same period past year, the firm posted $0.59 earnings per share. Arista redesigned the products in question, and said Monday that U.S. Customs had agreed to allow the company's new networking gear to be imported into the U.S. The disclosure for this sale can be found here. The P/E ratio was recorded at 41.06.The volatility in the previous week has experienced by 2.86% and observed of 2.59% in the previous month.62.10% ownership is held by institutional investors while insiders hold ...

Business

Some Gainesville retailers rethink Thanksgiving Day sales

All major banks are closed on Thanksgiving Day, but they will be open on Friday. A widely published list of 35 chains that will be closed includes HH Gregg, OfficeMax and Office Depot, which were each open on Thanksgiving Day previous year.

Business

Shoppers flock to stores to snatch up Black Friday deals

They arrived at the relatively quiet MacArthur Center mall in downtown Norfolk, Virginia, shortly after 8 a.m. where each bought a coffee and sat near a Nordstrom. CEO Chris Baldwin said early sales Friday were higher than previous year, with customers lured in by deeper discounts on electronics such as Samsung Galaxy tablets and 60-inch Samsung TVs.

Business

ICC fine is hard to swallow, says Proteas skipper

Du Plessis was at pains to stress that "shining" and "tampering" are two very different things. Yet, Steve Smith's words must have been a pleasant surprise for the South African, who took the captaincy from the injured AB de Villiers and is yet to lose a match in his stand-in capacity.

Business

MEA rejects Pak allegations of India's denial of overflight clearance

The adviser's statements come days after Indian troops targeted a passenger bus and ambulance across the Line of Control , and killed three Pakistan Army soldiers and 10 civilians in various incidents of "unprovoked" firing. He said, "If India imposes war on Pakistan, Pakistan will fight valiantly. Let me state the facts", external affairs ministry spokesperson Vikas Swarup said in his weekly media briefing here.

Business

OPEC Oil prices remain high on uncertainty over production cut

Reports that Saudi Aramco would in January increase oil supplies to some Asian customers also weighed on markets, traders said. Wednesday's lethargy came after oil prices rallied earlier this week. The freeze of oil production for Russian Federation is equivalent to a reduction of production by 200-300,000 barrels per day, as it deprives the company's ability to increase production in accordance with the plan, Energy Minister Alexander Novak told reporters.

Business

Markets Right Now: US stocks edge higher in early trading

At midmorning the Dow Jones industrial average was up 52.4 points, about 0.3 percent, at 19,135.6. Health care companies are taking some of the biggest losses. Bond prices dropped, sending yields higher. The dollar index, which measures the greenback against a basket of six major currencies , was last down 0.3 percent at 101.390 as investors took advantage of the pullback in US bond yields to lock in gains that have propelled the currency to a almost 14-year peak.

Business

Court ruling puts new overtime rules in doubt

Announced in May 2016, the government ruling is an update of the Fair Labour Standards Act, which outlines overtime provisions and minimum wage for USA workers. Today, under the Fair Labor Standards Act, employers must pay their nonexempt employees time-and-a-half for working more than 40 hours per week only if the employees make less than $23,660 per year.

Business

Shoppers hit the stores for Black Friday deals

Select the "Get Store Map" link next to the store of your choice to find the map of your favorite Target store. Retailers like Amazon , Target , Walmart, Newegg and Best Buy always offer a wide array of Black Friday deals . 'Online discounts are earlier and a lot bigger than past year, ' said Tamara Gaffney, principal research analyst at Adobe Digital Index. Adobe is forecasting Thanksgiving Day online sales to hit $2 billion for the first time, a 15.6% year-over-year growth increase.

Business

Pakistan Reaches Out To United Nations Over Border Tension With India

Following the recent spree of ceasefire violations and cross-border firings between India and Pakistan along the Line of Control , the United Nations has expressed concern and has called for restoration of stability in the region to prevent any further escalation.

Business

Bank inquiry report clamps down on competition

So far, most large banks have not shared their customer credit data, and critics say this is partly because they see holding on to the data as a competitive advantage and prevents people from "switching". Labor and the Greens dismissed the report on Thursday, describing the inquiry as a "stage-managed circus" created to avoid a royal commission. "You can not just pass off without serious consideration the governance framework around data, because some of the suggestions about wide-open APIs ...

Business

Hundreds more flights canceled on day 3 of Lufthansa strike

A number of flights to and from Dublin were among those cancelled. Pilots' Union announced that the strike , the 14th in a dispute stretching back to April 2014 would be extended to a third day on Friday, from the two originally planned.

Business

Trump Election Stirs Tensions in Schools

More than a thousand Rutgers students and staff took to the streets Wednesday to protest president-elect Donald Trump's election. "No Trump, no KKK, no racist United States of America!" some were heard chanting as they protested Donald Trump's election.

Business

More than 800 flights grounded as Lufthansa dispute intensifies

The union aims to put pressure on Lufthansa to raise pilots' wages. A walkout by Lufthansa (LHAG.DE) pilots that has led to nearly 2,000 flight cancellations has cost the German airline about 20 million euros (16.89 million pounds) over two days and weighed on its mid-term bookings, a board member said on Thursday.

Business

Japan's Abe to meet Trump in hastily arranged NY meeting

He'd be the first foreign leader to meet with Trump. "I am very honored to see the President elect ahead of other world leaders", Abe told reporters before his departure. Kellyanne Conway , a current member of Trump's transition team , said the nature of the meeting would be "informal" since President Barack Obama is still in the White House.

Business

Trump meets Japanese Prime Minister Abe

On the nuclear question, Mr. Trump tried to walk back some of his comments on the stump, and accepting nuclear weapons in either Japan or South Korea would be a sharp departure from long-standing US security policy. Some diplomats say that until Trump makes key appointments, it will be hard to assess his policies on issues ranging from overseas deployments of USA troops, China's maritime aggressiveness in Asia and North Korea's nuclear threat.

Business

Facebook Inc. (FB) Director Sells $42767812.65 in Stock

The stock was sold at an average price of $128.20, for a total transaction of $47,498,869.20. Consequent to the transaction Schroepfer Michael Todd owned a total of 797,937 shares of the stock. Vetr lowered Facebook from a "strong-buy" rating to a "buy" rating and set a $134.65 price objective for the company.in a research report on Monday.

Business

Russian Federation announces major operation in Syria

Tuesday's bombardment ended a almost month-long lull in the Russian-backed government's assault on the rebel-held stronghold. The ministry added that Sukhoi Su-33 fighter jets - which took off from Russia's Admiral Kuznetsov aircraft carrier deployed in the eastern Mediterranean - had supported the strikes.

Business

Lufthansa Flights grounded for third day, strike to go into Saturday

The current week's walkout the fourteenth since mid-2014 has as of now grounded somewhere in the range of 2,600 planes and influenced more than 315,000 travelers. Bettina Volkens, head of HR at the carrier, said the progressions would help the aircraft to spare cash. The Lufthansa pilots want to continue their strike at least until Saturday.

Business

Canaccord upgrades Domino s Pizza from hold to buy

Domino's Pizza Group has 497,925,000 shares now held by shareholders which now trade around the 340.5 mark which totals Domino's Pizza Group's market capitalisation to 1.70B GBP. The GBX 487.89 average target is 41.38% above today's (GBX 345.1) stock price. 1,469,018 shares of the stock were exchanged. "Maybe that's because they are looking forward to 10 days of half-off digital pizza orders at Domino's", said Jenny Fouracre, Domino's spokeswoman.

Business

UN Concerned over India-Pakistan Border Tension

Mr Aman told reporters in Karachi that "it is better if India shows restraint". If New Delhi escalates the crisis, he says Pakistani troops will "know full well how to deal with them". Mr Sharif, presiding over a meeting with civil and military leaders, said Kashmir was an "unfinished agenda" for Pakistan and the country would not stop pursuing the issue, Geo News reported.

Business

Shoppers Flock To OKC Metro Stores For Black Friday Deals

Many, including Amazon, Argos, Dixons Carphone and Tesco, have extended Black Friday to run for a two week period either side of the main day. Steve Bratspies, who is chief merchandising officer at Wal-Mart's US division, says in addition to picking up Black Friday favorites like televisions and toys, shoppers were looking for drones, virtual reality products and hoverboards.

Business

Donald Trump Doesn't Need The Mainstream Media

And if Bannon were "alt-right", he would never have considered hiring him. President-elect Donald Trump has asserted that he would fire his newly appointed chief strategist, Steve Bannon , if he actually believed that he was truly a member of the alt-right, an anti-Semitic white nationalist movement.

Business

CONFIRMED: Johnson & Johnson is looking to buy a nearly $20 billion drugmaker

The 61-year-old, who is one of Actelion's largest shareholders, may now be more open to entertaining a sale at a sufficient premium, the report said. Before it's here, it's on the Bloomberg Terminal. Analysts at Bank of America Merrill Lynch and Bryan Garnier said a bid could be worth up to 220 francs or 250 francs per share, respectively, stoked by appetite in the industry for fast growing businesses.

Business

Markets Right Now: S&P 500, Dow and Nasdaq reach records

The Dow Jones Industrial Average, the S&P 500 and the Russell 2000 closed at fresh record highs Wednesday. The Standard & Poor's 500 index fell 5 points, or 0.5 per cent, to 2,197. Brent crude futures settled down 17 cents, or 0.35 pe rcent at $48.95 a barrel. The dollar, which is trading around 13-year highs, was little changed.

Business

Black Friday Shoppers Spend Their Thanksgiving in Line

And this weekend is crucial to setting a tone for the season. Toys R Us , Best Buy , and Kohl's were among the stores that opened on Thursday night. Further research by Which? added that less than three in ten customers (28%) who said they had previously shopped on Black Friday enjoyed the experience.

Business

Laurie Hernandez wins season 23 of 'Dancing With The Stars'

But they worked hard to impress the judges; moreover, they received massive support from the fans. "I just want to thank everyone for their support riding along this insane roller coaster of my life", Hernandez said after the winners were announced.

Business

Virat Kohli gives positive nod to Decision Review System

The BCCI is not happy with the ICC decision which came after Pakistan said it was ready to host India for the league championship series in Dubai . "But we're totally focussed on what we have to do", Kohli said firmly. "I think that's absolutely fine". So I think it takes awareness of all the people around the bat, especially those close to the batsman, to understand what happened and give the right kind of feedback.


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