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Oil prices slide but Vancouver gas prices still remain high

West Texas Intermediate for April delivery was off by $1.06 at $47.34 USA per barrel. There are two ways to read the numbers. The Organization of the Petroleum Exporting Countries said in its monthly report that oil stocks in industrialized nations rose in January to stand 278 million barrels above the five-year average, with US shale and other non-OPEC supply gaining.

Business

Southcross Energy Partners, LP (NYSE:SXE) Valuation According To Analysts

The company reported $0.81 earnings per share for the quarter, missing the consensus estimate of $0.82 by $0.01. Jpmorgan Chase Company has invested 0% in Southcross Energy Partners LP (NYSE:SXE). The stock is now showing YTD performance of -29 Percent. The institutional investor owned 50,759 shares of the company's stock after buying an additional 34,059 shares during the period.

Business

Fire hits Syncrude mine in northern Alberta

The cause of the fire and the number of injuries has not yet been confirmed, although several witnesses say multiple ambulances have arrived at the facility. In an update released late Tuesday evening , the company said crews with Syncrude Emergency Services and Operations had isolated and controlled the fire.

Business

Troubled Toshiba misses deadline to report earnings. Again

In February, Toshiba's chairman stepped down. Embattled Toshiba Corp . again postponed its financial results announcement, due March 14, because auditors have yet to approve the report due to questions over the auditing of its US -based nuclear unit, Westinghouse Electric Corp.

Business

Stock Price of Petroleo Brasileiro SA- Petrobras (PBR) Decreases -8.13%

The analysts offering Earnings Estimates for the company were believing that Petroleo Brasileiro S.A. - Petrobras (NYSE: PBR ) could bring EPS of $0.13/share. - Petrobras has lost 8.13% in the last five trading days and dropped 8.4% in the last 4 weeks.Petroleo Brasileiro S.A. - Petrobras has dropped 13.23% during the last 3-month period.

Business

OPEC increases global oil demand growth outlook by 500000 barrels per day

U.S. West Texas Intermediate crude (WTI) declined 45 cents, or 0.9 percent, to $48.04 a barrel, also the lowest since November 30. Since the landmark decisions late a year ago by OPEC and non-OPEC producers to cut output by a collective 1.8 million b/d, supply fundamentals along with stock data, which holds evidence of market rebalancing, has had a strong grip over sentiment.

Business

French Connection Annual Loss Widens But Sees "Noticeable" Improvement

The investment firm is also urging the company to speed up its store closure programme, particularly with the sale of the Oxford Street flagship lease in London. Sales at stores open for more than a year in the United Kingdom and Europe were up 4.4 percent. Like-for-like retail sales in the UK/Europe rose by 4.4% and online sales were up by 12 .7% and now represent 27.3% (2016: 23%) of retail revenue.

Business

'Twisted' murderer Ali Qazimaj is jailed for 35 years

Yesterday (Monday) it took a jury less than four hours to find Qazimaj - who insisted that he was a man called Vital Dapi who had never before been in the United Kingdom - guilty of the murders of Mr and Mrs Stuart. Vital Dapi, 44, a former commando and suspected hitman, mistakenly believed that his victims, Peter and Sylvia Stuart, were millionaires. Officers detained Qazimaj but he claimed it was a cause of mistaken identity but Essex Police had his fingerprints on file from a prior ...

Business

Marathon Oil Corporation (NYSE:MRO) from Independent Oil & Gas - Todays Top Gains

LLC bought a new stake in shares of Anadarko Petroleum during the fourth quarter worth $106,000. I.G. Investment Management LTD. increased its position in shares of Anadarko Petroleum by 2.2% in the fourth quarter. Investors of record on Wednesday, March 8th will be issued a dividend of $0.05 per share. The business also recently disclosed a quarterly dividend, which was paid on Friday, March 10th.

Business

Abraxas Petroleum +13% AH as Q4 brings surprise profit

Tudor Investment Corp Et Al bought a new position in shares of Abraxas Petroleum Corp. during the fourth quarter valued at $106,000. Abraxas Petroleum Corp. San Antonio-based Abraxas Petroleum Corp. lost $5.3 million during the fourth quarter, beating Wall Street estimates. The stock tapped a 52-week high of US$34.36 while the mean 12-month price target for the shares is US$28.24.

Business

At $44.5 oil benchmark, Nigeria's 2017 budget may be at risk

Reports have indicated that the countries have been keeping up with their pledge, leading to some upside in the commodity early in the year. The exports were down by 113,000 b/d, or 8% from past year. While compliance to the agreed cuts has been high within Opec , there are question marks over Russia's commitment in the first two months. With the Fed all but certain to raise rates, investors have been weighing how oil's precarious level and looming inflation readings could impact the ...

Business

Catabasis Pharmaceuticals Inc (CATB) Earns Outperform Rating from Wedbush

Catabasis Pharmaceuticals Inc (NASDAQ:CATB) was the recipient of a significant growth in short interest in February. Catabasis Pharmaceuticals, Inc. Current price places the company's stock -57.69% away from its 200-day simple moving average, -35.52%, away from the 50-day average and also 33.17% away from 20-day average.

Business

Here's Why Your FICO Credit Score Could Be Going Up Soon

Here's potentially good news for consumers: The nation's three largest credit-reporting agencies reportedly will soon exclude tax liens and some civil debts from their reports. Tax liens and judgments will only be erased if they don't contain all of the following information: a name, an address, and either a date of birth or a social security number.

Business

The Walt Disney Company (NYSE:DIS)

Godsey & Gibb Assoc has invested 2.36% in Walt Disney Co (NYSE:DIS). Cadinha & Co. LLC's holdings in Walt Disney were worth $13,019,000 at the end of the most recent quarter. This story was first posted by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are reading this piece of content on another site, it was illegally stolen and reposted in violation of USA and global copyright laws.

Business

Judge Who Blocked The First Travel Ban Won't Block The Second ... Yet

Like the original version, Trump's revised executive order still bars individuals from Sudan, Syria , Somalia, Iran, Libya, and Yemen from coming to the United States, though now Iraqis and people with valid visas and green cards can enter.

Business

Real Estate Rumors: Anbang, 1WorldSync, Sugar Hill Capital

He said they were along the lines of what might be expected for a trophy asset at a prime location. According to a report from Bloomberg , Kushner and Chinese insurance firm Anbang have agreed to a deal worth $4 billion. "A classic way you influence people is by financially helping their family". Anbang would pay a hefty price for both sections of the 666 Fifth Ave.

Business

Intel slaps down $15bn on the purchase of driverless auto specialist Mobileye

Mobileye was an early supplier of vision systems to Tesla, but the two companies had an acrimonious and public break-up last summer after the driver of a Tesla Model S was killed while operating the vehicle using Tesla's Autopilot system. Eric Schmidt, CEO of Google's parent company Alphabet, praised Mobileye's cutting edge technology past year, even though Mobileye is competing with Google to produce the world's first driverless vehicle.

Business

Theresa May says Britain stands at 'defining moment' because of Brexit

Some EU officials have said we could face a £50bn bill from the bloc but Government sources say Britain is entitled to get some money back. Mrs May's statement to MPs on last week's European Council summit came after the EU withdrawal bill was backed by the House of Lords, clearing the way for it to receive Royal Assent and become law.

Business

Silver and Frontier Pull Cuba Service

March 13-The shake-up continues in the Cuba travel business with two US airlines announcing Monday that they planned to cancel their routes to the island. Meanwhile, President Donald Trump has ordered a review of all the executive orders issued by former President Obama in connection with Cuba, thus calling into question the future of US-Cuban relations.

Business

Dutch election a test case for Europe's appetite for populist disruptors

He is regularly compared to President Donald Trump, for his policies and also his penchant for communicating via Twitter. And it reminds her of kind of the things that she saw similar strategies, from her perception, in the USA presidential, and, of course, the Brexit campaign past year.

Business

Wholesale price inflation hits a 39-month high of 6.55% in February

Core inflation drops to 16.0% year on year in February 2017 from 17.9% in January 2017 and by 0.68% month on month in February 2017 from 0.62% in January. Meanwhile, the price of gram (14%), arhar (7%), condiments & spices (6%), urad (5%), tea and masur (3% each), egg, moong and maize (2% each) and wheat and coffee (1% each) declined.

Business

Today Analysts Focus on Heat Biologics, Inc. (HTBX), Oclaro, Inc. (OCLR)

Movements above 70 are interpreted as indicating overbought conditions; conversely moves underneath 30 notify oversold conditions. Relative strength index (RSI-14) for Heat Biologics Inc (NASDAQ:HTBX) is at 59.13. The consensus rating is 2.3, suggesting the market has given up on the stock. On technical side, moving averages may help to distinguish direction of tendencies, and they might also be used to set levels of sustenance and resistance.

Business

Manohar Parrikar sworn in as Goa Chief Minister

The situation is similar in Manipur too where the split verdict has also placed Congress intriguingly close to the magic number, but could still be denied power as commercial realpolitik takes over and legislator loyalties are placed in the market even as defections and resignations are engineered.

Business

Euronet sparks MoneyGram bidding war with Ant Financial

Euronet's offer, unlike the one from Ant Financial, would not need to be reviewed by the Committee on Foreign Investment in the United States (CFIUS), a USA inter-agency panel that reviews foreign acquisitions of domestic assets for national security concerns.

Business

Praxair Named a 2017 World's Most Ethical Company by the Ethisphere Institute

CareFirst BlueCross BlueShield (CareFirst), the largest health insurer in the mid-Atlantic region, has been recognized by the Ethisphere Institute as one of the "World's Most Ethical Companies" in 2017. Ford maintains its record streak by appearing on the Ethisphere Institute's World's Most Ethical Companies list for an eighth straight year-an unprecedented number for any automaker.

Business

'Clear Knee Mom Jeans' baffle online Nordstrom shoppers

As for the plastic knee covers, TopShop simply calls it a " cool clear knee panel detail". The MOTO Clear Panel Mom Jeans are available for $95 on TopShop's us site as well as on Nordstrom.com, making them a very real product that is apparently not a joke.

Business

When Donald Trump meets Angela Merkel: the key battleground areas

Trump often claimed that his Democratic presidential rival, Hillary Clinton, was running to be "America's Angela Merkel" and argued that Germany was in the midst of crisis. "My expectation is that they'll have a very positive, cordial meeting", said one of the officials, who spoke on condition of anonymity. Many analysts say the meeting is Trump's most important with a foreign leader since taking office.

Business

US Senate Confirms Seema Verma to Head Medicare, Medicaid Centers

Prior to being nominated by President Donald Trump to lead CMS, Verma was a healthcare consultant who worked with several state governments on Medicaid reform and expansion. As Republicans fight to calm stakeholder fears that the proposed American Health Care Act might derail the health system's ability to manage populations effectively and serve vulnerable patients in a cost-effective manner, the new Administration's top leaders, including HHS Secretary Tom Price, will likely play a ...

Business

Hudson's Bay in talks to buy Neiman Marcus, reports say

While the source cautioned that "no deal has been signed", the source nevertheless added that Hudson's Bay has already "done its due diligence" on a prospective acquisition of Neiman, which also owns the Bergdorf Goodman stores on Fifth Avenue.

Business

Cummins called up to replace Australia paceman Starc

And it is that form - and his man-of-the-match effort in his only Test for Australia at Johannesburg in November 2011 - that has Hayden absolutely convinced Cummins should be picked. "One of the things I absolutely love about Virat is he's got such a deep down burning desire to win - and obviously he's up to pushing the limits".

Business

Secretary of State Tillerson used e-mail alias as Exxon CEO

Tillerson, whose middle name is Wayne, used the email alias and unimaginative faux porn name " Wayne Tracker " 2008-2015 to "send and receive materials regarding important matters", including climate change, CNN Money reports. "It could be misleading to not tell the attorney general the actual owner of that email address", she said . The ongoing investigation seeks to establish whether the oil giant, then led by Tillerson, had fraudulently misled investors on the impact of climate change.

Business

Double-digit growth in Asia helps offset slump in United Kingdom profits at Prudential

Prudential's overseas businesses benefited from the effects of weak sterling, leading to major operating profit rises. Prudential announced in a statement this morning that its IFRS operating profit had climbed to £4.26 billion past year, up from £4 billion in 2015, led by double-digit growth in Asia , where profits rose 15 percent to £1.6 billion.

Business

President Trump to hold rally in Louisville

However, Trump's D.C. hotel has been a source of controversy from the very beginning, with a group of House Democrats calling on the president to divest from the property prior to the time he took office on January 20. But it might not: Although Republicans have long opposed that program on the grounds that it's insufficiently pro-Israel, a diplomat told Foreign Policy that it nonetheless may survive, as it insulates the Israeli government from the responsibility of providing relief to ...

Business

Flight cancellations piling up for Monday, Tuesday in US

Northeast. Officials say the pending snowstorm is canceling flights at several major airports in the northeast. At Boston Logan, about half of Tuesday's flights were already canceled while it was about a third of the schedule at LaGuardia, JFK Washington National and Philadelphia, according to FlightAware .

Business

WINTER STORM | Let the Vindicator know about weather problems

The chance of precipitation is 90 percent, with new snow accumulation of around 3 inches. Total accumulation will be about half an inch for the day. Areas of blowing snow after 2 p.m. Chance of precipitation is 20%. Tonight will be partly cloudy, with a low around 12. Republicans are bracing for a Congressional Budget Office analysis that will most likely show that fewer Americans will have health insurance under the GOP healthcare proposal ...


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