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Dong Energy decommissions world's first offshore wind farm Vindeby

BOEM has been working with the North Carolina Renewable Energy Task Force since 2010 to identify an area of sufficient size for offshore wind development, while avoiding ecologically sensitive areas and multiple use conflicts. Still, Secretary of the Interior Ryan Zinke struck a positive note in his first official statement on a wind lease sale. The BOEM has already launched six competitive lease sales for more than one million acres in federal waters which have generated more than $58m in ...

Business

U.S. says global trade must be fair as well as free

The OECD is one of several global organizations invited to participate in the meeting. Ahead of the meeting, Germany, which holds the G20 presidency, and the International Monetary Fund (IMF) have warned that U.S. Before the group meeting, the two talked for about 35 minutes in the first face-to-face between finance ministers of Japan and the USA since the inception of the new administration in Washington .

Business

Chesapeake Energy Corporation (NYSE:CHK) Valuation According To Analysts

Comparatively, growth in the past five years was -17.19 percent (per annum). 02/24/2017 - Chesapeake Energy Corporation had its "buy" rating reiterated by analysts at Wunderlich. Following the completion of the purchase, the director now owns 4,637,717 shares in the company, valued at approximately $24,301,637.08. Chesapeake Energy Corporation (NYSE: CHK ) shows its Return on Assets (ROA) value of -36.2 percent, while the Return on Equity (ROE) value is 160.8 percent and Return on ...

Business

White House apologized for repeating British wiretap claim

Downing St. said that Britain's ambassador to Washington , Kim Darroch, spoke to White House press secretary Sean Spicer directly, and that the prime minister's national security adviser, Mark Lyall Grant, also spoke to people in the Trump administration to put the claim to rest.

Business

Global stocks gain, dollar down on Fed

European stock markets flatlined on Wednesday before a widely expected Federal Reserve interest rate hike, while Dutch voters head to the polls. The Shanghai Composite Index has risen 2.9% since the USA election, bringing its gains over the past year to more than 13%.

Business

Kapil Sharma introduces his girlfriend to fans with an adorable post

Kapil Sharma has always expressed his fondness and love for the leggy-lass Deepika Padukone. Now that Kapil Sharma had made the grand announcement and revealed the most special part of his life, we are sure our readers must be curious to know more about the developing romance and the married life of the great Kapil , for that, lets wait and watch! As per a BollywoodLife report, the real name of Kapil's lady love, whom he has mentioned as " Ginni ", is Bhavneet Chatrath and she's ...

Business

IEA: Oil market needs time

While Opec compliance to output cuts is nearing 100 per cent, relative non-compliance of non-Opec coupled with steadily climbing U.S. production is making the long side wary. Separately, Suhail bin Mohammed al-Mazrouei, energy minister for the United Arab Emirates, told Reuters this week the rise in USA inventories was a "worry", and that "investors need to be cautious not to bring so much production on line".

Business

Trump budget director dispassionately defends 'fairly compassionate' budget

Trump would use the budget savings in part to ramp up immigration enforcement, including hiring 75 new immigration judges and 60 federal prosecutors to focus on border enforcement. We're going to spend money, we're going to spend a lot of money but we're not going to spend it on programs that show they deliver the promises we made to people.

Business

Blue-chip stocks of the day: Johnson Controls International plc (NYSE : JCI)

Company has reported several Insider transactions to the SEC, on Aug 23, 2016, R Bruce Mcdonald (Exec VP & Vice Chairman) sold 98,166 shares at 44.95 per share price.On Mar 3, 2016, Alex A Molinaroli (Chairman & CEO) sold 67,790 shares at 37.41 per share price.On Nov 30, 2015, Simon Davis (VP, Chief Human Resources Ofcr) sold 1,300 shares at 45.92 per share price.

Business

Portland General Electric Company (POR) To Go Ex-Dividend on March 23rd

Other hedge funds have also made changes to their positions in the company. 06/27/2016 - General Electric Company had its "buy" rating reiterated by analysts at Stifel Nicolaus. General Electric Company is a global digital industrial company. The price to current year EPS has 630.10%. So does the rankings given by analysts; let us highlight rankings table and we had 9 analysts recommending BUY ratings for current month and for previous month 9 stands on similar situation; while 6 for the ...

Business

Stock Market Extends Gains After Fed Hikes Rates

Prices on benchmark 10-year Treasuries rose 27/32 to yield 2.498 percent, from 2.595 percent late on Tuesday. The S&P 500 was up 13 points, or 0.6%, at 2,378. The Fed had cut during the 2008 financial crisis to a record low in order to help steady the economy and only gradually began to increase it at the end of 2015.

Business

Trump should apologize over wiretapping claim: lawmaker

During the briefing, Spicer cited claims made earlier this week on Fox News by Napolitano. A White House official, speaking on condition of anonymity, said British officials had voiced concern to senior Trump aides but the official declined to explicitly apologize for Spicer's citation of the Fox News allegations.

Business

Is a New Oil Price War About to Emerge?

But OPEC heavyweight Saudi Arabia, the world's biggest oil exporter, has said it is too early to consider an extension. "Unless OPEC agrees to extend its self-imposed production restraint beyond the June deadline, any claims of victory in the battle against the oil glut will be premature", Brennock said.

Business

Bullish Movers Gaining Investors Attention: Cobalt International Energy, Inc. (NYSE:CIE)

They now have a Dollars 6 price target on the stock. Covering analysts use their acquired knowledge and expertise to help create their best calculation of where they think the stock may be moving in the future. The company beat the analyst EPS Estimate with the difference of $-0.13. Thus the company showed an Earnings Surprise of -253.3 Percent. The average volume stands around 6.5 million shares.

Business

Fed interest rate hikes will soon be yesterday's news

Stock prices rose sharply on Wednesday after the hike. Ironically, the immediate story after the meeting was that there was no indication from the Fed that rates would rise for the rest of this year faster than earlier signalled, despite stronger economic data.

Business

Kyrgios stuns Djokovic again, Federer races past Nadal

Also out in the fourth round is Novak Djokovic, defeated by the 21-year-old #nextgen sensation Nick Kyrgios. When asked what would be the one thing he would take from Federer, Djokovic and Nadal's game, Kyrgios said: 'I would just like to ask Rafa how he can play every point as if his life is on the line.´.

Business

Trump's budget to push conservative ideals

The government is on track to spend almost $4.1 trillion in the next fiscal year. "Unfortunately, we have no alternative but to reinvest in our military and make ourselves a military power once again", White House economic adviser Gary Cohn said on " Fox News Sunday ".

Business

USA rig count climbs by 21 following stockpile decline

Oil producers continued bolstering production activity despite the recent week of volatility in crude oil prices. In Oklahoma, three rigs each came back to the Arkoma Woodford and to the Mississippian, and one returned to the Granite Wash.

Business

Norges Bank Takes Position in Monster Beverage Co. (MNST)

In a different note, On Dec 21, 2016, Jefferies said it Upgrades its rating on Monster Beverage Corporation. One research analyst has rated the stock with a sell rating, three have given a hold rating, ten have issued a buy rating and two have given a strong buy rating to the company's stock.

Business

Man shot dead for taking soldier's gun at Paris Orly Airport

The man fled into a shop at the airport before he was shot dead, an interior ministry spokesman told AFP. French national police tweeted: 'Ongoing police operation, we recommend that you avoid the airport'. It remains France's busiest in terms of domestic flights. Parts of the airport were evacuated and passengers were not allowed to board. This story will be updated as more information is made available.

Business

Alberta Budget 2017: Balanced budget equals layoffs, says Premier Notley

Corporate taxes are also expected to rise, to $3.9 billion, after a precipitous drop a year ago, while personal income tax revenue is forecast to slide to $11.2 billion. The Progressive Conservatives say the NDP is forcing debt on future generations. Wildrose finance critic Derek Fildebrandt said a downgrade would cost Albertans money because the province would be forced to repay debt at a higher interest rate.

Business

Dollar rises ahead of Fed, political risk weighs in Europe

The odds of a rate hike at the U.S. central bank meeting that ends Wednesday began to rise sharply from late February, with the probability now seen as 95%. The Australian dollar was down 0.1 percent at $0.7702 following its overnight surge of 2 percent to a three-week high of $0.7720. US homebuilding increased 3.0 percent last month and jobless claims fell in the latest week, data showed on Thursday, signs the economy remained on solid ground and helping to make the case for multiple rate ...

Business

Royal Caribbean and Port Everglades Ink MOU

FT reports, The 17 analysts offering 12 month price targets for Royal Caribbean Cruises Ltd have a median target of 110.00, with a high estimate of 120.00 and a low estimate of 85.00. The stock grabbed 83 new institutional investments totaling 3,880,582 shares while 67 institutional investors sold out their entire positions totaling 3,859,023 shares.

Business

OPEC Column: Supply remains abundant, demand remains strong, but not strong enough

But OPEC's monthly report showed global oil stocks rose in January to 278 million barrels above the five-year average. The thinking was that a floor had been put under prices, at an unspoken level of $50 per barrel (/bbl), so producers were probably comforted by the fact that Brent crude oil barely moved much below or above $55/bbl until March 7.

Business

Chinese Premier cautions U.S. against trade war

The outspoken Republican president reserved some of his harshest campaign rhetoric for Beijing on his way to the White House, accusing China of being a currency manipulator and threatening to slap huge tariffs on Chinese imports to the US. The economy ultimately grew 6.7 percent previous year. Li took issue with depictions of China's targeted growth as weak. China can maintain medium-high economic growth for the foreseeable future and continue to be a major engine for the global economy, he ...

Business

Bon-Ton will keep its NASDAQ listing

The company said Tuesday it expects to post another loss in 2017 but is making progress on strategic initiatives. "As part of this, we believe we further solidified our position as the hometown shopping destination". 05/01/2015 - The Bon-Ton Stores, Inc. was downgraded to " by analysts at Zacks. Its stores are located in the Midwest, Northeast and upper Great Plains.

Business

UNC men's basketball crushes Texas Southern, 103-64, in NCAA Tournament opener

The specter of Jenkins' shot wasn't enough to drive North Carolina to the ACC title. "We see it every single day; it pops up on our phone every day, and it's always in your mind now", Berry said. "It would be nice if our state got as smart and also would host not just basketball tournaments but concerts and other NCAA events". No. 1 North Carolina has been on a mission all season to get back to the NCAA title game after losing to Villanova on a last-second 3-pointer in their ...

Business

Notable Stock Analysts Ratings: NextEra Energy, Inc. (NYSE:NEE)

MCF Advisors LLC raised its position in shares of NextEra Energy by 0.6% in the third quarter. Several other hedge funds have also recently modified their holdings of the company. and for the current quarter 10 analysts have projected that the stock could give an Average Earnings estimate of $1.53/share. The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 15th.

Business

Six Nations: Women and U20s launch England Grand Slam treble bid

Sexton is clearly frustrated. His words have touched a nerve in Ireland where they haven't forgotten Jones's comments from previous year that Sexton's parents would be "worried" about his long-term health following a history of concussion injuries.

Business

SpaceX succesfully deploys EchoStar XXIII satellite into space

The bids were submitted weeks after a SpaceX Falcon 9 exploded on its launch pad during a test on September 1, 2016, destroying the rocket and a commercial satellite and severely damaging Launch Complex 40 at Cape Canaveral Air Force Station.

Business

Nigerian court overturns seizure of oilfield from Shell, Eni

Justice John Tsoho had on January 26, this year, made the order of temporary forfeiture of OPL 245 to the Federal Government. Justice Tsoho then reversed his order and also refused the application of Malabu oil and gas to join the matter.

Business

College Hoops: Irish Barely Avoid Meltdown, Nip Princeton

Tip-off is at 12:10 p.m from the KeyBank Center. West Virginia, meanwhile, squandered double-digit leads in each half before pulling out an 86-80 win over Bucknell. Bluiett converted seven field goals, including five 3-pointers to energize Xavier. He scored four points in 28 minutes. Five different Mountaineer players reached double figures.

Business

Twitter Starting Live Streaming Service Directly by Media Firms

The live streaming API will be opened to selected media companies and back-end service providers that specialize in live video streaming. Get Data Sheet, Fortune's technology newsletter. The giant social network started by pushing its Facebook Live feature as a home for short-form, viral videos by celebrities and other users. And it has been signing its own deals with sports franchises, including a recent one with the Major League Soccer.

Business

Magellan Midstream Partners LP (NYSE:MMP)

The Senior Notes will be sold pursuant to Olin's shelf registration statement and the base prospectus on file with the Securities and Exchange Commission ("SEC"). Creative Planning increased its position in Rice Midstream Partners by 78.2% in the third quarter. AMP Capital Investors Ltd now owns 22,275 shares of the company's stock worth $519,000 after buying an additional 475 shares in the last quarter.

Business

United States dollar squeezed by cautious Fed

The Dow Jones Industrial Average rose 44.47 points, or 0.21 per cent, to 20,881.84, the S&P 500 gained 7.32 points, or 0.31 per cent, to 2,372.77 and the Nasdaq Composite added 8.39 points, or 0.14 per cent, to 5,865.21. Prior to the Fed's decision, investors had been pricing at least four rate hikes this year. "There is not a lot for the (eurozone) region today.so any political news out of the Netherlands might be its main driver".


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