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ConocoPhillips sells oil and gas assets to Cenovus for $13.3 bln

The U.S. oil major will retain its 50 percent interest in the Surmont oil sands project, a joint venture with Total E&P Canada (TOTF.PA), and its liquids-rich Blueberry-Montney shale assets. The company said it does not expect any change to 2017 capex. Year-end 2016 reserves associated with the asset dispositions were 1.3 billion barrels of oil equivalent NAR.

Business

Accenture plc Posted gains of 1.64% in the Last Trade

Genovese Burford & Brothers Wealth & Retirement Plan Management LLC now owns 124,158 shares of the company's stock valued at $124,000 after buying an additional 123,098 shares during the last quarter. Accenture plc (ACN ) is now showing its ROA (Return on Assets) of 19%. If you are reading this report on another website, it was stolen and reposted in violation of USA & worldwide copyright and trademark legislation.

Business

Secure Trust Bank Plc's (STB) "Buy" Rating Reiterated at Peel Hunt

AlphaValue maintained Wolseley plc (LON:WOS) on Thursday, December 3 with "Add" rating. The firm earned "Neutral" rating on Friday, March 17 by JP Morgan. The firm has "Hold" rating by Peel Hunt given on Wednesday, November 11. The stock has "Overweight" rating by Barclays Capital on Monday, July 11. Keefe Bruyette & Woods maintained it with "Market Perform" rating and $29 target in Tuesday, September 20 report.

Business

Trump's Coal Revival Will Make It Harder to Breathe

China today called on the USA to honour its commitments to tackle climate change, after President Donald Trump moved to roll back American emissions targets. Hours after President Donald Trump signed an executive order seeking to undo his predecessor's efforts to curb climate change, his administration has asked a federal appeals court to postpone ruling on lawsuits over Obama-era restrictions on carbon emissions.

Business

Trump Approves Keystone XL Pipeline, Ricketts Touts Benefits

President Donald Trump's administration issued a permit Friday to build the $8 billion project, reversing the Obama administration. FILE - In this November 3, 2015, file photo, the Keystone Steele City pumping station, into which the planned Keystone XL pipeline is to connect to, is seen in Steele City, Neb.

Business

OBAMA DEFENDS OBAMACARE: 'America is stronger because of the Affordable Care Act'

Remember that the law is doing more than provide insurance to more than 20 million people who would otherwise be uninsured. Among Democrats and Democratic leaners, comparably large majorities approve of the health care law (83%) and say the government is responsible for making sure all Americans have coverage (85%).

Business

Toshiba's Westinghouse files for bankruptcy

USA nuclear company Westinghouse Electric is filing for bankruptcy, its Japanese owner Toshiba said Wednesday. This month, Standard & Poor's cut its credit rating on Toshiba again, warning its finances were quickly deteriorating. The US nuclear unit asked for protection from the creditors. It said: "The Chapter 11 filings have made planned supply of the AP1000 (nuclear power plant) for the United Kingdom project uncertain, and we have therefore recorded an impairment loss covering the ...

Business

Wall Street is keeping its 'Fearless Girl' statue - for now

In this March 22, 2017 photo, the Charging Bull and Fearless Girl statues face each other on Lower Broadway in NY. The " Fearless Girl " statue in New York City will hold her ground for at least another 11 months. But the statue became wildly popular, and thousands of people signed an online petition to make it permanent. The plucky little lady, her face proudly defiant and hands on her hips, seems to be facing down the bull - Girl Power vs.

Business

Growth Analysis of: Xerox Corporation (XRX)

The 6 month volatility is now 24.771700, and the 3 month is sitting at 22.370000. There may be various price targets for a stock. Credit Suisse Upgrades the stock to Outperform on 1/03/17 by stationing a price target of $8. EPS ratio determined by looking at last 12 month figures is 0.58. The company has an average rating of "Hold" and an average price target of $35.00. Xerox Corporation (XRX) jumped 2.8 percent and ended the day at $7.34.

Business

The US Is Ceding The Energy Industry Of The Future To China

They also paved the way for agriculture to be a major contributor to reducing the amount of carbon in the atmosphere and moved the needle toward compensating producers for environmental services, Johnson noted . Science organizations spoke out forcefully Tuesday in response to President Trump's executive order to unravel Obama administration climate policies .

Business

Budget talks grind on in Albany

They're determined to change the state law that automatically refers 16- and 17-year-olds to adult criminal court - something only NY and North Carolina do. " I'm not doing it ", Cuomo said. Lawmakers hope to approve the budget by Saturday. NY politicians have nailed down budget agreements on key policy issues but are still grappling with the notion of potential funding losses from Republican-led Congress.

Business

Christie Named Nation's Top Opioid Abuse Fighter

Kelly and Baroni were convicted in November over lane closures near the busy George Washington Bridge linking New Jersey and NY. But Christie's doomed friend, who got hooked on painkillers around 2006 when he was being treated for a bad back, has made the opioid epidemic raging in parts of the Garden State - and across the Rust Belt - deeply personal for the Republican governor.

Business

Stock Price Move: Whiting Petroleum Corporation's (WLL)

While looking at the Stock's Performance, Whiting Petroleum Corp. now shows a Weekly Performance of -0.23%, where Monthly Performance is -19.74%, Quarterly performance is -29.61%, 6 Months performance is 15.69% and yearly performance percentage is 16.62%.

Business

Trump deals blow to Obama-era environmental protections

Make no mistake, President Trump's order Tuesday rolling back key Obama administration policies to combat global warming is a very bad step for the country, and for the world. But they believe efforts to revive coal ultimately will fail because many states and industries already have been embracing renewable energy or switching to natural gas.

Business

Australia: Cyclone Debbie continues to wreak havoc

RESIDENTS in northern NSW are on alert for torrential rain, heavy winds and flash flooding as a severe weather system moves south in the wake of Cyclone Debbie. Clark Range alone collected 646 millimetres in the 24 hours to 9am Wednesday and Mount William 568 millimetres. One woman, a tourist, died on Monday in a auto crash that police said was due to wild weather on Debbie's approach.

Business

Analyst Perspectives on Price Target History: Alibaba Group Holding Ltd (NYSE:BABA)

The High end of the Estimate is $22.83 Billion, while the Low end of the Estimate is $21.72 Billion. BlackRock Institutional Trust Company N.A. now owns 16,121,495 shares of the company's stock worth $1,705,493,000 after buying an additional 3,049,886 shares during the last quarter.

Business

Analyst Upside Underscores Impressive Growth for American Airlines Group Inc. (NASDAQ:AAL)

The relative volume of the stock is 0.88, while its market cap is $21.48 Billion. Traditionally, and according to Wilder, RSI is considered overbought when above 70 and oversold when below 30. (NASDAQ:WIN)'s earnings per share (EPS) will be $-0.34 when the firm is expected to announce earnings around 2017-05-04. The company reported revenue of $9.62 Billion in the same period a year ago.

Business

Short Interest in Western Digital Corp (WDC) Decreases By 26.8%

They now have a $82.28 target price on the data storage provider's stock. 10 analysts polled by Zacks Research now have a mean target price of $130.9 on shares. Shares for $2.61 million were sold by BHATIA MANISH H . WDC has P/E (Price to Earnings ttm) value of 0, Forward P/E of 8.53, P/C (Price to cash per share) of 4.32 and Price to Free Cash Flow (P/FCF) value of 18.24.

Business

MI to Replace Thousands of Lead-tainted Water Lines in Flint

As a result, lead leached from old pipes and fixtures. The process so far has been unbearably slow, so here's hoping this is the first of many steps to clean water for the residents of Flint. Khouri . A group of students are putting together a project to help people in Flint, Michigan. About a third of that money will come from aid the U.S.

Business

Oil drops as United States drilling growth threatens to counter OPEC cuts

Energy Information Administration) will release its crude oil inventory report for the week ending March 17, 2017. Brent remains well below this year's high above $58, reached shortly after January 1 when the deal between the Organization of the Petroleum Exporting Countries and non-OPEC states to curb supplies by 1.8 million barrels per day (bpd) came into effect.

Business

Federal Budget to Include Gender Based Analysis

The government is carving out a couple of chunks of its massive infrastructure funding and setting them aside for the country's child care system and more affordable housing. The government is also looking to get students the skills and work experience required to kick-start their careers, Morneau said, as he described efforts to make it more affordable for adults to learn skills and to help the unemployed.

Business

MI agrees to allot $87 million to replacing lead pipes in Flint

The settlement marks the end of a lawsuit filed previous year by Concerned Pastors for Social Action , the Natural Resources Defense Council , the American Civil Liberties Union and a resident of Flint, targeted at both city and state officials.

Business

Europe's Leaders Are Taking The Brexit Breakup Hard

Theresa May delivered her letter to European Council President Donald Tusk this morning, officially triggering Brexit. Britain triggered Article 50 of the EU's Lisbon Treaty, starting the two-year countdown to leaving, in a letter to EU President Donald Tusk in Brussels.

Business

Sonic Corp. (NASDAQ:SONC) To Release Earnings

Citadel Advisors Ltd Limited Liability Company accumulated 53,459 shares or 0% of the stock. Finally, Longbow Research downgraded shares of Sonic from a buy rating to a neutral rating in a research note on Friday, December 2nd. Sonic Corp. (SONC ) topped its 52-week high price target of 36.34 on April 6, 2016. Frank E. Richardson, III who owns 1,252,310 shares (2.85% of those outstanding), whilst W.

Business

UK says cabin ban on laptops to go into effect Saturday

British officials also cited intelligence reports . A British Prime Minister's office spokesperson said that the measures have been taken by the countries based on the "same intelligence the United States relies on". They can warn an operator of potentially risky material, and may provide better security than the X-ray machines used to screen passengers and their carry-on bags.

Business

Marathon Oil Corporation (NYSE:MRO) Analyst Coverage

Instinet also Downgrade the company to Neutral on 15-Dec-16, 2016. The company's quick ratio for most recent quarter is 1.50. It looks like traders are not happy with the stock. If you are reading this news story on another publication, it was copied illegally and republished in violation of global copyright law. A number of equities research analysts have recently weighed in on the company.

Business

Former Valeant CEO Michael Pearson sues drugmaker for breach of contract

Valeant Pharmaceuticals Intl now has an average rating of "Hold" and a consensus target price of $25.47. In fact, in order for Papa to even keep half of his paycheck, he has to almost quadruple Valeant's stock price. GLW's profit will be $324.53 million for 19.63 P/E if the $0.35 EPS becomes a reality. Thus the company showed an Earnings Surprise of 9.5 Percent. The stock's market capitalization is 3.71B.

Business

Traded Price Fluctuations to Observe: Regulus Therapeutics Inc.'s (RGLS)

Analysts have a mean recommendation of 1.90 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). Piermont Capital Management Inc. now owns 166,104 shares of the biopharmaceutical company's stock valued at $548,000 after buying an additional 14,180 shares during the last quarter.

Business

Sears shares dive on doubt about retailer's future

They may be falling short. "Our historical operating results indicate substantial doubt exists related to the company's ability to continue as a going concern", Sears said Tuesday in its annual report for the fiscal year ended January 28.

Business

Israeli Minister: The Bible - not Google - gives Israel moral right to land

The US assistance to Amman following the refugee spillover from the Syrian war "ensures that the Jordanian economy doesn't crumble under the stress of all those refugees coming in", she added. "This administration has put Iran on notice". "President Trump will never compromise the safety and security of the Jewish state", he said to warm applause.

Business

Kenyan woman pulled out of cab, assaulted in Greater Noida

The police said three FIRs were registered. Soon after the attack , the police have increased security in the area where several more African nationals reside. The protest march was taken out after the police released some Nigerians detained for questioning in connection with death of Manish, a class 12 student, due to "lack of evidence".

Business

White House denies trying to silence evidence of Russian Federation ties

She said she has "heard the concerns some have with my advising the President in my personal capacity". "I believe that our Senate investigation has far more credibility than the house investigation has at this point", she said. I'll do something I've never done. "The House is off track and probably can't get back on track", he said. Asked whether he would recuse himself, he said, "The investigation continues".

Business

Amazon plans layoffs at Quidsi unit after losses

There are several brands today operated by the company, each focusing on a particular vertical - like Wag.com for pet items, YoYo.com for toys, and others. Quidsi was co-founded by Marc Lore, who stayed with the company for about three years after Amazon's acquisition. He sold Jet.com to Wal-Mart Stores for $3.3 billion previous year and now runs e-commerce operations for the world's biggest retailer and Amazon's top competitor.

Business

Lok Sabha passes all four GST Bills

The Parliament today debates the Goods and Services Tax (GST) bill which would bring the country under single tax net for the first time. Once these get the approval of Parliament, a State GST bill will be presented in state assemblies. Terming the GST bill to be a "revolutionary" bill, Jaitley said that it was going benifit all. The GST Bills in their present form were "not acceptable" to the Congress, but the party sought to tread cautiously to avoid being seen as against the tax reform ...

Business

Wolseley H1 Profit Declines On Impairment Charges; LFL Revenue Up 3.2%

Ferguson bought Murphy's family business, Midwest Pipe and Supply, in 1999. But earlier the firm announced plans to rename itself Ferguson, reflecting the dominance of a USA business which now provides almost 70% of group revenues 35 years after it first entered into the market.


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