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Wheatland Advisors Inc. Has $1039000 Position in Marathon Oil Corporation (MRO)

Strs Ohio raised its stake in Marathon Oil Corporation by 4.1% in the second quarter. The consensus recommendation 30 days ago for this company stood at 2.18. The ex-dividend date is Tuesday, February 14th. UBS analysts disclosed their opinion on Marathon Petroleum Corporation (NYSE:MPC) recently. Marathon Oil Corporation had its "buy" rating reiterated by analysts at Jefferies.

Business

India Post gets license to start new payments bank

Speaking to the media after the launch, AP Singh, Head, IPPB, said the paid-up equity of the new bank is ₹800 crore, of which the government has already infused ₹275 crore, adding that "the idea is to have a branch in every district and make three lakh postmen come alive in payment bank function".

Business

Is Trump's travel ban Islamophobic?

ANA will check with the US border protection authorities whether to allow passengers from the seven countries who hold diplomatic visas to board flights and will refund fares in full in the event of refusal, the company's officials said. United says it is offering customers affected by the ban with refunds and other accommodations. Similarly, WestJet said foreign nationals from affected countries who are denied entry will receive full refunds, while Porter Airlines is temporarily waiving ...

Business

Ford Motor Co. (NYSE:F)

Some buy side analysts are also providing their Analysis on Ford Motor Co., where 1 analysts have rated the stock as Strong buy, 6 analysts have given a Buy signal, 14 said it's a HOLD, 2 reported it as Underperform and 1 analysts rated the stock as Sell.

Business

Deutsche poised to settle over Russian 'mirror trades'

In addition, Britain's Financial Conduct Authority is about to penalize the bank roughly $200 million for the suspicious trades, a person familiar with the matter said. The U.S. Department of Justice, which also has been investigating the suspicious trades, is not party to the deal. Deutsche Bank said it was co-operating with regulators.

Business

See The New Trailer for Disney's "Beauty and the Beast"

If it's anything like Disney's Cinderella , I'm guessing there'll also be some smaller changes throughout to make Beauty and the Beast feel more up-to-date. Potts in detail. The Beauty and the Beast live action film is set for release on March 15. However, a hunter named Gaston ( Luke Evans ) is on the hunt for the Beast in order to have Belle for himself.

Business

Consumer spending up 0.5 percent in December

The increase was driven by a 1.4 percent surge in spending on durable goods, long-lasting items such as autos. The Commerce Department said on Monday that consumer spending, which accounts for more than two-thirds of USA economic activity, increased 0.5 percent after an unrevised 0.2 percent gain in November.

Business

Australian PM says Trump agrees to accept refugees

Donald Trump is facing increasing pressure at home and overseas over his decision to ban refugees and visitors from seven Muslim-majority countries for 120 days. "We have a very close relationship, we seek to be as engaged as possible", Malcolm Turnbull said. "When I need to give frank advice, fearless advice to the United States government I do so privately, but I don't comment on American domestic policy publicly".

Business

Volkswagen's Audi brand to recall 576921 vehicles in US

Audi owners can check to see if their specific vehicle is under the recall notice by visiting Audi's official recall page and entering their Vehicle Identification Number . The automaker will notify owners of affected vehicles staring February 20 and dealers will update the software so that the power supply to the coolant pump is deactivated if the pump becomes blocked with debris.

Business

Obama Makes First Statement On Protests Over Trump's Immigration Order

In the statement, Lewis said that Obama "fundamentally disagrees with the notion of discriminating against individuals due to their faith". In a statement regarding his executive order , Trump wrote that the new policy, which calls for the extreme vetting of Muslim people hoping to enter the USA from seven primarily- Muslim countries, is what Obama did in 2011.

Business

Trump hit by first diplomatic crisis over Mexico border wall

Earlier Thursday, Trump had tweeted that "If Mexico is unwilling to pay for the badly needed wall, then it would be better to cancel the upcoming meeting " in Washington D.C. We have a trade deficit of United States dollars 60 billion with Mexico. The White House later said that the import tax is only one option the Trump administration is considering.

Business

Tempur Sealy's stock rocked after Mattress Firm contracts terminated

The news that Tempur Sealy is ending its relationship with Mattress Firm , its biggest customer, followed a deteriorating relationship between the two companies, an analyst said. "Ultimately, we concluded that it was in the long-term interest of all of our stakeholders to terminate our contracts with Mattress Firm ", Tempur Sealy CEO Scott Thompson said.

Business

Mexican Government: President Trump, Peña Nieto Won't Speak About Border Wall Payment

But David French, with the National Retail Federation, believes a tariff to fund the border wall is risky. Trump's plan has also been roundly condemned by other Latin American leaders. "A nation without borders is not a nation". But Reince Priebus, the White House chief of staff, later said that the border tax is only one of several options being considered.

Business

Emirates reshuffles cabin crew because of Trump's Muslim Ban

Emirates has made "the necessary adjustments to our crewing, to comply with the latest requirements", an Emirates spokeswoman told Reuters by email. Emirates is offering rebookings and refunds to passengers holding passports from the seven affected nations. People from these countries were said to be able to travel to the USA only if they are in possession of a permanent resident card, also known as a green card, or the visas A1 and A2, which are for government officials and immediate ...

Business

Washington to sue over Trump immigration order

The attorney generals said they expect Trump's executive order to be struck down, but in the meantime they will work to make sure as few as possible suffer as a result of the order . Constitution's Equal Protection Clause and the First Amendment, setting up a religious test because it gives Christian refugees preference over Muslim refugees from the same country, he said.

Business

Oil Prices Spiral Lower On Signs Of Strong U.S

If OPEC were to be cut off as U.S. crude oil supplier, it's not only the volume that, in theory, has to be imported from elsewhere; it's also the heavier crude oils that Venezuela and Saudi Arabia, for example, export to the U.S. In terms of volume, US shale can not swiftly ramp up production by 3 million bpd: the EIA expects oil production this year to average 9 million bpd , or 110,000 bpd more than last year.

Business

Protests Continue At Airports Across The US Following Trump Order

Overnight, a federal judge in NY barred the USA from deporting travelers from these 7 countries that held valid visas. Donnelly had ruled in a lawsuit by two men from Iraq being held at JFK International Airport in ny. The airlines flying from this part of the world are updating their travel advisories to reflect the situation. "We have a lot of stories from yesterday", said Lina Midani, who came to the USA from Syria 26 years ago, "my friend, her parents are green card holders, and ...

Business

Sony takes $976 million charge on movie segment as DVD market shrinks

Japan's Sony Corp. has recorded a ¥112.1 billion (US$977.4 million) goodwill impairment charge due to the performance of its Sony Pictures Entertainment arm. Turnround efforts at the movie studio had not been going as smoothly as executives had initially hoped. The electronics giant said it will confirm the impairment loss along with its earnings for the April-December period on Thursday.

Business

Donald Trump's travel ban won't affect dual nationality Britons

The department cited the example a UK-Libya dual national coming from Libya to the US. And Iraqi-born Tory MP Nadhim Zahawi is devastated that he can't visit his sons at Princeton University. This was rebuked, however, by the US embassy in London which issued a statement that advised against applying for a visa if you were from an affected country.

Business

German Inflation Highest In 4 Years

The inflation acceleration has raised outspoken pressure to tighten monetary policy from German economists, including its member of the ECB's rate-setting governing council. Instead, Draghi is likely resolved to take the heat from Germany for several months until early 2016's low oil prices in drop out of year-on-year comparisons, bringing headline inflation back down, he predicted.

Business

Trump Says He's Cut $600 Million From F-35 Costs

Reuters reports that Trump said he appreciated Lockheed's response to his concerns about the budget and schedule overruns of the troubled F-35. Trump, who has publicly criticized Lockheed on Twitter since his election and called the program costs "out of control" just last month, now says the program is "in great shape" and called the F-35 "a great plane".

Business

President Trump Criticizes Chuck Schumer for Crying

In order for Mr. Trump to execute his vision - and for his Cabinet members to serve as counter-checks to the White House when executive orders are made - they must be in the room. "I want to apologize to all of our customers who have been impacted by this frustrating situation", Bastian said, The Daily Mail reports. U.S. Senator Charles Schumer was among the voices today calling for President Trump's controversial executive order on immigration to be reversed, and he's not alone.

Business

Dollar Slips After Trump Move, Asia Stocks Decline: Markets Wrap

The executive order is seen as part of efforts by Trump to keep his campaign promise to clamp down on immigration. A number of countries were openly criticising Trump's executive order placing a flat ban on citizens of seven primarily Muslim countries from entering the US.

Business

Rockford gas prices continue to drop, stay below national average

The average in Florida fell 4 cents to $2.31 while the average in Georgia fell to $2.21. Rockford's average per-gallon price is $2.29. "Average prices now stand at their lowest thus far in 2017 and the lowest since before Christmas, thanks primarily to weak demand for gasoline and also bulging inventories", DeHaan said.

Business

Trump, Mexican leader talk by phone as tensions rise

Donald Trump's plan to build a wall along the US-Mexico border has at least one worldwide supporter - Israel's Prime Minister Benjamin Netanyahu. Mexico must negotiate with the USA, he said, but without "surrendering". "But, as you know.they've made us look foolish." "Most illegal immigration is coming from our southern border", Trump said. On Thursday, the White House said Trump has a " buffet of options " on how to get Mexico to pay for the wall.

Business

Large Buying Action and Inflow of Money Witnessed in Rite Aid Corporation

Many analysts are providing their Estimated Earnings analysis for Rite Aid Corporation and for the current quarter 4 analysts have projected that the stock could give an Average Earnings estimate of $0.04/share. An important factor to consider when evaluating a stock's current and future value are the 52 week price high and low levels. The stock price demonstrated downbeat change from its 50 day moving average of 8.15 and had been down from its 200 Day Moving Average of 7.58.

Business

Trump signs order reducing regulations

In meetings with business leaders since his election, Trump has touted his efforts to reduce regulations and cut corporate taxes. The order caps costs of new regulations for the remainder of the fiscal year and. The order is in line with the new president's plan to slash regulations by as much as 75 percent, as Trump believes the expanding body of government rules is stifling the U.S.

Business

Fitbit cuts fourth-quarter revenue estimate, slashes workforce

In order for Fitbit to recover, the company, with Pebble's technology, is now perhaps looking to move towards smartwatches and away from fitness trackers which have so far generated poorer-than-expected revenue. The stock is down more than 1 percent year-to-date. VentureBeat suggests that the layoffs are in part an effort to restructure the company. That marks a slight increase from 14.8% in September.

Business

Snap Inc set to reveal financials as IPO gets closer

Snapchat parent Snap is wooing major ad firms ahead of its initial public offering, hoping to land lucrative advertising deals that could bolster the IPO. Snap Inc was founded on September 16, 2011 by Evan Spiegel and Bobby Murphy and is based in Venice, Los Angeles. Keeping tight control is common in companies closely associated with their visionaries, who often prefer to innovate without being questioned by a broad array of investors.

Business

Attorneys-general from 15 U.S. states decry Donald Trump's immigration order

For his part, Trump issued a statement saying America "is a proud nation of immigrants and we will continue to show compassion to those fleeing oppression, but we will do so while protecting our own citizens and border". The officials also said such restrictions don't apply to people from those countries traveling on diplomatic visas. Airlines rushed to disseminate guidelines on how Trump's order would affect travel, even as officials in the United States were still puzzling over how ...

Business

HMV Canada To Close All Stores

An Ontario Supreme Court of Justice approved an application to place HMV into receivership on Friday afternoon. Many staff at HMV Canada's head office were laid off as soon as the receivership was confirmed last week. It also closed larger stores and leased smaller retail spaces in order to control costs and maintain its footprint across the country. According to FP, court documents show that HMV's sales fell to CAN $214.4m in FY2015, down from CAN $225m in the prior year.

Business

India cenbank removes cash withdrawal limits for ATMs from Feb. 1

In a circular issued to banks today, RBI said, "On a review of the pace of remonitisation, it has been chose to partially restore status quo ante as under: Limits placed vide the circulars cited above on cash withdrawals from Current accounts/ Cash credit accounts/ Overdraft accounts stand withdrawn with immediate effect".

Business

Woods frustrated after missed cut at Torrey Pines

Day is the No. 1 player in the world — Woods held that spot for a record 683 weeks and has won this tournament seven times. Tied with Snedeker at 7 under is last week's star, Adam Hadwin . This is the eighth straight season Woods has played that he has missed a cut, after having missed only four cuts in his first 13 years as a pro. Woods, who was sidelined by back pain and a series of surgeries, had not competed in a regular PGA Tour event since August 2015 and is also adjusting to his ...

Business

People Are Deleting Uber For Undermining Strike Against Muslim Ban

Kennedy International Airport. Uber had also announced that it was dropping surge prices at the time which is a move seen by many as a way to drive business, but the company's top guy says it was meant to facilitate the protesters going to and from New York's airport.

Business

Idea shares jump 27% as Vodafone confirms merger talks

Ultimately, this "would result in Vodafone deconsolidating Vodafone India", the firm said in a short statement. Idea Cellular had earlier moved Delhi High Court against TRAI's recommendation to impose penalty of Rs 950 crore on the telecom firm for allegedly not providing interconnection to Reliance Jio (RJIO), even as DoT said the plea was premature.


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