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Commodities Are Mixed, Crude Oil Waits for Rig Count Data

April West Texas Intermediate crude fell by 22 cents, or 0.5%, to $49.06 a barrel on the New York Mercantile Exchange, trading about 8% lower for the week-which would be the biggest such loss since the week ended November 4, FactSet data show.

Business

Dollar hits seven-week high vs yen ahead of United States jobs data

Wall Street was marginally higher the day before, underpinned by speculation the widely-anticipated labour market report on Friday would show USA payrolls growth in February was far more than economist forecast. Fed Chair Janet Yellen's conference after the two-day meeting next week will be closely watched for clues on the pace of future rate hikes. Shares of big USA banks, including Goldman Sachs, Bank of America and Morgan Stanley, were up more than 1 percent in premarket trading.

Business

Atomic Blonde Trailer: Charlize Theron Is MI6's Deadliest Assassin

Dispatched on a top-secret mission to Berlin circa 1989 - just prior to the historic moment when the wall came tumbling down - Theron's operative is chasing a high-priority target: a dossier containing the identities of all secret agents, including her own.

Business

Earnings Estimates Revision Trends: Gastar Exploration Inc. (GST)

Turning to CEL-SCI Corporation (NYSE:CVM), its shares were trading at $0.1 a retreat of $-0.01, on the trading floor. Analysts have a mean recommendation of 2.40 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range).

Business

Dimensional Fund Advisors LP Decreases Position in McDonald's Co. (MCD)

Zions Bancorporation boosted its position in McDonald's Co.by 0.6% in the fourth quarter. Other institutional investors have also bought and sold shares of the company. McDonald's Co.'s dividend payout ratio is presently 69.37%. Shares of McDonald's Co. "(MCD)" was originally published by BBNS and is the sole property of of BBNS.

Business

Michigan Basketball Team Plane Slides Off Runway During Takeoff

That came, he said, after the Illini were mostly counted out when they sat 3-8 through 60 percent of the conference schedule. He also had just two combined turnovers, including a mistake-free night in the January 11 loss. Surely, if they are able to beat both MI and Purdue they'd have an argument but in reality all they had to do was win Saturday to get in. Wagner obviously had an incredible first half against Purdue in their first meeting.

Business

The Gilead Sciences, Inc. (GILD) Rating Lowered to Buy at Vetr Inc

Over the past five trading sessions shares of AbbVie Inc. The stock has gained consensus mean rating of Overweight based on the analysis of brokerage analyst firms polled. Gilead Sciences's dividend payout ratio (DPR) is now 18.91%. In other Gilead Sciences news, insider John C. Martin sold 73,337 shares of the firm's stock in a transaction dated Tuesday, January 3rd.

Business

Wetherspoon's chairman blasts 'Budget for dinner parties' as tax disparity threatens pubs

In the six weeks to 5 March 2017, like-for-like sales increased by 2.7 per cent while total sales decreased by 0. 2 per cent . JD Wetherspoon PLC on Friday reported growth in profit in the first half of its financial year, but warned on the second half following the United Kingdom government's Spring Budget speech on Wednesday.

Business

Claims Trump doesn't support Federal Bureau of Investigation dismissed

To hit back at Trump for all the calamity he caused prior to his inauguration, Obama did not return Trump's phone call the latter made to the former, thanking Obama for the letter he left for the new president in the Resolute Desk following his inauguration.

Business

Marvell Technology Group Ltd. (MRVL) Price Target Raised to $17.00

The company's growth for the past 5 years has been at -23.19 percent. Institutional investors own 73.41% of the company's stock. The latest buyback scheme also reflects the company's sound financial position. The firm's revenue for the quarter was down 5.2% compared to the same quarter a year ago. Starboard Value Lp holds 13.79% of its portfolio in Marvell Technology Group Ltd .

Business

David Cumming to leave Standard Life Investments

Stan Pearson, head of European equities at the firm, will be Cumming's interim replacement. Mr Cumming started his career with Royal London Mutual and went on to work with a number of businesses, including Edinburgh Fund Managers, which was acquired by AAM in 2003.

Business

Royal Bank of Canada Reiterates Outperform Rating for Tahoe Resources Inc (THO)

Investors who are keeping close eye on the stock of GrubHub Inc. Great West Life Assurance Co. For the Current Quarter, the growth estimate for Tahoe Resources Inc.is -25%, while for the Next Quarter the stock growth estimate is -29.4%. The ex-dividend date of this dividend was Tuesday, February 14th. This news story was originally reported by Chaffey Breeze and is the sole property of of Chaffey Breeze.

Business

Companies claim largest USA onshore oil discovery in 30 years

The find near Nuiqsut village in Alaska's north is "the largest United States onshore conventional hydrocarbons discovery in 30 years", Repsol said in a statement . "We must all pull together to fill an oil pipeline that's three-quarters empty". "This announcement is welcome news". The Caelus find would however, require significant investment in a pipeline and other infrastructure to develop the resource.

Business

US Crude Falls Under $50/bbl, Analysts See it Heading Lower

USA crude was 5 cents lower at US$49.23 a barrel. As oil prices firmed late previous year, USA producers deployed more rigs and boosted production in short order. News of a big oil discovery on America's northwest slope in Alaska by Spanish oil giant, Repsol, didn't help sentiment, nor did news that Shell is selling most of its interests in the highly expensive Canadian oil sands for $US7.2 billion to concentrate on gas and deepwater projects.

Business

Dollar hits seven-week high vs yen, focus on USA jobs data

Oil prices slid to their lowest since late November as record-large US crude inventories kept sentiment weak and pointed to a global glut despite supply cuts by the Organization of the Petroleum Exporting Companies. "On the face of it, ADP is consistent with private payrolls of about 340,000", he said. As the chart illustrates, the 25-basis-point interest-rate increase at the time propelled the spread between the two-year note yield and Fed funds to jump 150 basis points in a span of three ...

Business

Volkswagen set to plead guilty in investigation

The German automaker has agreed to pay $4.3 billion in civil and criminal penalties - the largest ever levied by the US government against an automaker - although VW's total cost of the scandal has been pegged at about $21 billion, including a pledge to fix or buy back vehicles.

Business

Ulta Beauty Inc (ULTA) Releases Q1 Earnings Guidance

This report was published by Community Financial News and is the sole property of of Community Financial News. If you are reading this piece of content on another site, it was illegally copied and reposted in violation of United States and global copyright laws.

Business

MA added 13K jobs in January

Data also show Missouri is gaining more jobs. The revised account from the Office of Labor and Workforce Development shows the MA unemployment rate was 3.1 percent in December, not 2.8 percent as initially reported by the government. The first of the year brought a slight increase to the ranks of unemployed people in Stanislaus County, according to the latest release from the Employment Development Department.

Business

Staples announces closure of 70 stores this year

This follows the closure of almost 50 stores across America previous year and the report of a better than $500 million loss in the fiscal fourth quarter that ended in January. The announcement was made on an earnings call when the company also announced their 2016 earnings. She sold off control of the European operations, and she ramped up the focus on sales to mid-sized businesses.

Business

How Cedar Realty Trust, Inc. (NYSE:CDR) trades after earning announcements?

Zurcher Kantonalbank Zurich Cantonalbank now owns 6,753 shares of the real estate investment trust's stock worth $220,000 after buying an additional 336 shares during the period. If you are viewing this piece of content on another publication, it was stolen and republished in violation of worldwide copyright and trademark laws.

Business

Analyzing Analyst Recommendations: PG&E Corporation (PCG), Capital One Financial Corporation (COF)

This leaves us with a quarter on quarter earnings per share growth of 8.30%. Cobiz Investment Management LLC acquired a new position in Capital One Financial Corporation during the third quarter worth about $206,000. The business's revenue for the quarter was up 2.1% on a year-over-year basis. Equities analysts predict that Capital One Financial Corp . will post $7.90 earnings per share for the current fiscal year.

Business

Australian cartoonist Bill Leak dies of a suspected heart attack at 61

He described Leak as "simply irreplaceable". Throughout his career, Leak won nine Walkley awards between 1987 and 2002, among other prestigious awards. The artist's portraits of Bob Hawke and Bill Hayden hang in Parliament House in Canberra, and his portraits of Sir Donald Bradman, Dick Woolcott and Robert Hughes are in the collection of the National Portrait Gallery, his website states.

Business

Take a look at Starbucks first-ever spring cups

The cups come in three colours - pastel blue, yellow and green - making them just ideal for your Instagram feed. Sunshine, bunnies and bright colors adorn Starbucks' latest seasonal cups. The new decorative designs debut on March 16, and will be available in the US and Canada. One person tweeted, "I don't even really drink Starbucks but I'm stoked about these cups because they're adorable".

Business

Cypress Semiconductor's (CY) "Buy" Rating Reiterated at Bank of America Corp

The consensus recommendation, according to Zacks Investment research , is 2.11. Recently stock market analysts have updated their consensus ratings on shares of Cypress Semiconductor Corporation (NASDAQ:CY). ON has P/E (Price to Earnings ttm) value of 35.56, Forward P/E of 10.53, P/C (Price to cash per share) of 0 and Price to Free Cash Flow (P/FCF) value of 17.15.

Business

Canadian Natural Resource Ltd (CNQ) To Go Ex-Dividend on March 15th

Canadian Natural Resource Ltd (NYSE:CNQ) (TSE:CNQ) issued its quarterly earnings results on Thursday. The stock now has its Annual Dividend of $0.76 and an annual Dividend Yield of 2.6 Percent. TD Securities raised Canadian Natural Resource from a "hold" rating to a "buy" rating in a report on Friday, January 27th. Scotiabank restated an "outperform" rating and issued a $45.00 price target on shares of Canadian Natural Resource in a research note on Friday, December 16th.

Business

Bears to release quarterback Jay Cutler

Cutler played a marginal role in his final season with the Bears, starting just five games. Bears are releasing QB Jay Cutler , per sources . He played under six different offensive coordinators in eight seasons. But, will landing Glennon do the same for wide receiver Alshon Jeffery? This year was definitely the one to call it quits with the embattled signal caller considering the team won't take too much of a cap hit with that number.

Business

Mobile Increases Throttling Cap On Unlimited Plans To 30GB

The Stock opened its session at $61.48 and closed at $61.14 by showing decrease of -0.44 percent. The firm has a 50-day moving average price of $56.52 and a 200 day moving average price of $48.97. The stock was sold at an average price of $57.86, for a total transaction of $1,301,850.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Business

A longshot comes in: bottled water surpasses soda

Bottled -water consumption in the United States reached 39.3 gallons per capita a year ago, while carbonated soft drinks slipped to 38.5 gallons, Beverage Marketing Corp said . Soda generated $39.5 billion, and bottled water came in at $21.3 billion, the Wall Street Journal reports. "Bottled water effectively reshaped the beverage marketplace", said Michael C.

Business

US Dollar Higher As US Jobs Data, Fed Meeting Loom

Some analysts are waiting for Friday's US non-farm payrolls data as a final piece of evidence supporting a 25 basis point rise at a Federal Reserve policy meeting on March 14-15, which futures prices indicate is an 87.5 percent probability.

Business

HSBC Securities Reiterated Exxon Mobil (NYSE:XOM) As 'Hold'

Bessemer Group Inc. raised its stake in shares of Exxon Mobil by 169.3% in the fourth quarter. The Oregon-based Peregrine Asset Advisers Inc. has invested 2.33% in the stock. The ex-dividend date is Tuesday, February 7th. Exxon Mobil's dividend payout ratio is 159.58%. This report was posted by The Cerbat Gem and is the sole property of of The Cerbat Gem.

Business

Which insiders are selling Envision Healthcare Corporation (EVHC)?

They issued an overweight rating on the stock. Goldman Sachs Group Inc initiated coverage on Envision Healthcare in a report on Friday, December 9th. Five investment analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the company.

Business

Where American Express Company (AXP) Stands in Analysts Ranking

The company's shares were closed at $79.58. 01/20/2017 - American Express Company had its "buy" rating reiterated by analysts at Citigroup. JP Morgan analysts disclosed their opinion on American Express Company (NYSE:AXP) recently. Following the transaction, the Director is left with a stake of 4,000 shares, now valued at $318320. Shares of American Express Company (NYSE:AXP) opened at 76.88 on Friday.

Business

Hovnanian Enterprises Inc (NASDAQ:HOV) To Report Earnings

They now have a United States dollars 3 price target on the stock. (NYSE:HOV) shares have seen a move of -11.72%. They now have a Dollars 4.75 price target on the stock. Hovnanian Enterprises, Inc. (NYSE:HOV) shares have been recently spotted -18.58% away from the 52-week high, and 74.64% away from the 52-week low mark.

Business

Flippy robot takes over the hamburger station in California restaurant

While Flippy's job is to grill and flip meat, a human will still be in charge of topping and serving the burger. The Flippy robot is the company's first attempt at reaching their rather unique mission of developing technology "that assists and empowers chefs to make food consistently and perfectly, at prices everyone can afford".

Business

Crude Oil Prices Slump, OPEC Member Back Under Pressure

Flanked by Russian Energy Secretary Alexander Novak, OPEC Secretary General Mohammad Sanusi Barkindo, Iraq Oil Minister Jabbar Ali Al-Luiebi and Mexico's deputy oil minister Aldo Flores-Quiroga, Al-Falih said he was satisfied with the progress.


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