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Analysts Take: Marathon Petroleum Corporation (NYSE:MPC) Projected Earnings & Price Targets

The Phoenix Arizona 85008 based company has been outperforming the semiconductor - broad line companies by 12.9504% for last three months and its recent gains have pushed the stock slightly up 26.94% YTD, versus the semiconductor - broad line industry which is up 17.79% for the same period.

Business

Fallout Grows Over Trump's Pick for National Security Adviser

That includes the head of the Joint Chiefs of Staff, General Joseph Dunford, who told a Senate committee during his confirmation hearing in July 2015, "My assessment today.is that Russian Federation presents the greatest threat to our national security".

Business

Fighting Intensifies Between Indian and Pakistani Forces in Kashmir

British Foreign Secretary Boris Johnson arrived in Islamabad on Thursday on a two-day official visit for talks on bilateral and regional matters, officials said. Before the firing by the Indian Army, Pakistan had reportedly opened fire on civilians in Machil, Keran and Gurez, while shells also landed close to Kishanganga Hydroelectric Plant in Bandipore.

Business

Standing Rock chairman says Army Corps to close camp access

Dubbed the "Water Protectors Community Appreciation Dinner", it was organized by activist Judy Wicks, who said she traveled to Standing Rock, "to give back to Native Americans for first cultivating many foods that nourish me and for helping the early settlers survive, including my own ancestors who were aided by the Wampanoag in MA and the Lenape in Pennsylvania".

Business

Treasury yields near year's high as Fed on track for rate hike

In her prepared statement, Yellen said that the committee views that it could become "appropriate relatively soon" to raise interest rates as the US economy continues to expand. Investors expect the Fed to raise interest rates next month, just as it did last December. The dollar has staged a strong rally following Donald Trump's victory in the USA presidential election last week.

Business

Brad Pitt cleared the Federal Bureau of Investigation of violence charges

As fans will recall, Pitt faced allegations of child abuse shortly after Angelina Jolie's divorce filing but this month, the Los Angeles Department of Child and Family Services and the Federal Bureau of Investigation both closed their cases against Pitt after clearing him of all charges.

Business

Donald Trump picks fierce critic Nikki Haley for United Nations job

Ms. Haley received support from Leonard Leo, executive vice president of the Federalist Society, a conservative lawyers network, and a USA delegate to the U.N. In a pair of posts on her verified Twitter account @kellyannePolls Thursday, Trump spokeswoman Kellyanne Conway noted that she had been "receiving a deluge of social media & private concerns re Romney Some Trump loyalists war against Romney as sec of state".

Business

As Trump rejects TPP, China likely to fill void

As well as ditching the TPP, Trump pledged to renegotiate the North American Free Trade Agreement and assume a tougher trade stance with China. This deal was negotiated amongst 16 Asian countries, and it is near completion. trade deals. Matt Priest, president of the FDRA, said his organization is not surprised by Trump's decision, but he's hopeful that the president-elect will follow through on his promise to pursue bilateral trade deals.

Business

British foreign secretary Boris Johnson asks Pakistan, India to resolve Kashmir issue

India had blamed Pakistani militants for a raid on its army base in Uri that killed 19 Indian Army soldiers on September 9. 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

Saudis said to quit Russia talks as OPEC deal no closer

However, OPEC's leading producer, Saudi Arabia, just told the organization that it will not attend scheduled talks in Vienna on Monday with non-OPEC oil producers, according to Reuters . West Texas Intermediate crude oil futures, the benchmark for United States prices, dropped by 1.77% to as low as $47.13 a barrel in NY. Even though most of the OPEC's meetings in the past have let to failed outcomes, but the recent remarks of OPEC of reaching a "serious outcome" in the upcoming talks in ...

Business

Colon scene of protest v. burial of Marcos at Heroes' Cemetery

In another rally, a protester shows an anti-Marcos message using her laptop. He said "for as long as the law is there", he could not do otherwise but to allow the Marcos burial in the LNMB. "Marcos was no hero". Ferdinand "Bongbong" Marcos, Jr., the son of the late former president, accompanied Duterte during the latter's state visit to China, where the president joked that Bongbong could perhaps become vice president.

Business

South Korean President's Rating and Consumer Confidence Take a Hit

Park's approval rating slipped one percentage point after hovering at 5% for three consecutive weeks, while her disapproval rating rose three percentage points to 93%, according to a poll by Gallup Korea showed. South Korea's export-driven firms are also anxious by the potential impact of U.S. president-elect Donald Trump's protectionist stance on trade issues.

Business

Lufthansa pilots' union rejects latest offer, suspends strikes

Lufthansa had offered to also hire 1,000 junior pilots and to create up to 600 pilot traineeships over the next five years. VC turned down the offer saying it "corresponds in full to a proposal made to employees in an open letter more than two months ago".

Business

Pop group 2NE1 officially disbands

Gong Minzy has moved to Music Works, a small agency that also manages K-pop diva Baek Z Young. Since then, no developments have been made to push through with writing a new agreement. Following the news of member Minzy's departure from the group back in April and CL's continued effort to slowly-but-surely break into the American market, the label issued a statement confirming that the group's contract came to end back in May, resulting in "a decision of 2NE1's official disbandment after ...

Business

One killed in crash on 495 South

James Keating, 22, of Norton died in the crash. Police said they received reports of a wrong-way driver at about 2 a.m. The driver of the wrong way vehicle was killed at the scene and the driver of the second auto was rushed to Rhode Island Hospital.

Business

Pleading for environmental protection, Dakota Access pipeline protesters gather in downtown KC

The U.S. Army Corps of Engineers issued a permit that would allow the pipeline to be built under a lake the Sioux tribe uses as a water source, although the corps recently withdrew the permit pending further discussion. The group proved unsuccessful, saying the Army Corps of Engineers wouldn't accept a letter pleading for a mandate to end all pipeline construction.

Business

Shenzhen-HK stock link to launch on Dec 5

The new stock scheme, announced by the China Securities Regulatory Commission and Hong Kong's Securities and Futures Commission after close of trade, will allow worldwide investors to trade 881 Shenzhen-listed tech-heavy stocks, while investors on the Chinese mainland will be allowed to trade 417 Hong Kong stocks.

Business

President-elect Trump admits 'some connectivity' between climate change and human activity

President-elect Trump appointed a leading climate change denier Myron Ebell to lead his transition efforts on the Environmental Protection Agency and has not stepped back from his vow to slash environmental regulations he argued during the campaign are an undue burden on U.S.

Business

Federal Court Blocks Obama Overtime Pay Rule

Salaried employees not paid overtime will not receive an increase in pay required by a Department of Labor rule. The court held that the states were able to effectively show "irreparable harm" if the rule went into effect and that the DOL exceeded its authority when it raised the salary threshold.

Business

Boston Scientific Corporation (NYSE:BSX) Upgrades/Downgrades Report

Boston Scientific Corporation (NYSE: BSX ) topped its 52-week high price of $24.79 on Jul 28, 2016 and 52-Week Low Price of $15.67 on Feb 8, 2016. To help you determine whether Boston Scientific Corporation (NYSE: BSX ) is undervalued the following values will help you decide.

Business

Revenue Estimates Analysis: The Procter & Gamble Company (NYSE:PG)

Procter & Gamble Co. had a return on equity of 17.95% and a net margin of 16.27%. (NYSE:PG) last issued its earnings results on Tuesday, October 25th. Financial Architects Inc boosted its stake in shares of Procter & Gamble Co.by 39.8% in the second quarter. Bank of New York Mellon Corp raised its position in Procter & Gamble Co.by 0.3% in the third quarter.

Business

Donald Trump Softens Stand on Clinton, Climate Change, Other Key Issues

Republican President-elect Donald Trump defeated Democratic rival Hillary Clinton by 10,704 votes in the state of MI, according to certified unofficial county-by-county results released on Wednesday by the MI secretary of state. Asked whether he plans to withdraw the United States from the 2015 Paris climate accord, he said he is keeping "an open mind to it". The decision, dribbled out in a TV report and then confirmed by aide Kellyanne Conway, is too momentous to come in bits and pieces ...

Business

Half of Black Friday bargains were cheaper at other times, says watchdog

In my continued search to save you time and money, the key to saving a lot of cash this Black Friday is knowing what retailers have planned for Cyber Monday. "We certainly do not intend to mislead in anyway". Along with 'Alexa, ' the best deals are being offered to Amazon's premium Prime service subscribers.

Business

Obama can't promise he won't be critical of Trump presidency

He announced his signature trade agreement in the Asia-Pacific, the TPP, was still alive despite Trump's vows to kill it, and said he wanted to reach a deal on the Ukraine crisis before leaving office. This time , there were no briefings, and the two men eschewed their usual interactions with reporters. When asked if Democrats should copy the Republicans in blocking any Supreme Court nominees, Obama said no, despite his own nominee Merrick Garland being stalled for more than six months ...

Business

Hope for survivors fades in India train disaster

By this morning, rescuers had searched the last of the train's 14 wrecked cars, police Director-General Daljeet Chaudhary told Indian broadcaster NDTV . Railway Minister Suresh Prabhu arrived at the site by Sunday evening to monitor the rescue and relief operations. The volunteers visited injured victims and the distraught families in the hospitals and distributed drinking water, tea, snacks and fruits among them.

Business

Israel proposes 500 new settlement homes near Jerusalem

The worldwide community considers all settlements illegal and sees them as one of the biggest obstacles to peace between Israel and the Palestinians. Here in the region, it's not unexpected to see pundits working overtime to predict what the Trump Middle East policy will be or who will represent the new administration in the Middle Eastern capitals and United Nations.

Business

Almost 900 flights canceled due to Lufthansa strike

German airline Lufthansa cancelled nearly 900 flights on Wednesday after a last-minute legal challenge to a planned pilot strike failed. The strike started at midnight and affects flights departing from German airports, including long-haul flights.

Business

Black Friday shoppers weigh-in on crowds, deals

Most people were there to shop, but not everyone. Many sales start Thursday and run through the entire weekend. Because the store has been open since Thursday, the crowds seemed to have spread out. Shoppers were quickly filling bags and keeping an eye out looking for deals. "As a day care teacher, I don't make that much, so I have to plan how I will spend", said Bullard, who bought a Xbox and clothing.

Business

Hundreds of flights canceled in 3rd day of Lufthansa strike

In total, there have been 2,863 flight cancellations and 345,000 passengers impacted since the Lufthansa strikes began on Wednesday. Lufthansa said earlier it had offered to increase wages by 4.4 percent in two installments, as well as a one-off payment equal to 1.8 months' pay.

Business

Demonetisation critics didn't get time to prepare: Modi

But instead of paying attention to what Dr Singh , had to say about the economic impact of the demonetisation move, finance minister Arun Jaitley stuck to his government's cynical - and superficial - political script of continuing to badmouth the government led by Dr Singh two and a half years after the Congress' rout in the 2014 general election.

Business

Childhood friends in Bamberg are proud of Haley's rise

Trump has definitely contributed to what I think is just irresponsible talk", she said in a follow up interview. She is the daughter of Indian immigrants and went on to work for her mother's upscale clothing business helping to make it a multi-million dollar company.

Business

Ctrip.com International Ltd.'s (CTRP)

The Earnings per Share of the stock is $0.26. Nippon Life Insurance Co. increased its stake in shares of Ctrip.com worldwide by 3.4% in the third quarter. During the same quarter in the previous year, the business earned $0.30 earnings per share. Ctrip.com International Ltd. has been the topic of 31 analyst reports since August 6, 2015 according to StockzIntelligence Inc.

Business

Dow Closes Above 19000 for First Time

Wall Street futures on Wednesday pointed to a flat to slightly lower open for the major U.S. indexes ahead of the U.S. Thanksgiving holiday, a day after the Dow Jones Industrial Average closed above 19000 for the first time ever. Alphabet, Google's parent company, slid $8.39, or 1.1 percent, to $776.61 and Microsoft lost 75 cents, or 1.2 percent, to $60.37. MSCI's all-country world equity index fell 0.63 points, or 0.15 per cent, to 412.74.

Business

Constitution Party's Scott Bradley on the Electoral College

In a tweet sent out from Trump's twitter account in 2012, the NY magnate claimed that climate change is nothing more than a hoax created by the Chinese. Trump rejected the idea that he was bound by federal antinepotism laws from installing his son-in-law, Jared Kushner, in a White House job. In a recent interview with the Wall Street Journal , Bannon conceded that the alt-right has "some racial and anti-Semitic overtones", but he insisted he does not hold those views.

Business

Saudi Arabia to Skip Meeting With Non-OPEC Producers

Most analysts expect some form of a production cut. However, the energy minister of Russian Federation, the largest non-OPEC producer, said he hadn't heard about such a proposal, and that OPEC's earlier suggestion had been for members outside the cartel to reduce output by 500,000 bpd.


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