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Saudis, Russia Commit To 9-Month Oil Cuts, Goldman Sees $57 Price

While output curbs that started January 1 are working, global inventories aren't yet at the level targeted by OPEC and its allies, Saudi Energy Minister Khalid Al-Falih said in Beijing alongside his Russian counterpart, Alexander Novak .

Business

Canaccord Genuity Analysts Give Perrigo Company plc (PRGO) a $86.00 Price Target

Brown Brothers Harriman & Co. boosted its position in shares of Perrigo Company plc by 13.0% in the third quarter. Earnest Ptnrs owns 91,565 shares. During the same period past year, the firm posted $1.80 EPS. Analysts on average have given a price target of $79.62 to Perrigo Company plc (PRGO) stock. Horizon Kinetics Limited Liability owns 10,043 shares.

Business

Ariana Grande's Manchester Benefit Concert Might Happen As Soon as Next Weekend

Police said they were called at 10:33 pm Monday to reports of an explosion at Manchester Arena during a concert by U.S. pop star Ariana Grande , who is popular with teenagers and pre-teens. The minister said that as many as 3,800 troops could be deployed to patrol streets across the United Kingdom and guard vital locations, such as Buckingham Palace and the prime minister's residence at Downing Street.

Business

Jared Kushner 'discussed setting up secret communications with Russia'

The meeting also was attended by Michael Flynn , Trump's former national security adviser, The Post said. Former CIA Director John McLaughlin late Friday urged investigators to get to the bottom of the reports on Kushner-Kislyak contacts.

Business

1 taken to hospital after plane crash in Concord

A single-engine GlaStar was returning to Concord due to a mechanical problem when it crashed short of the runway outside the airport, according to the FAA. The plane had came down on a dirt strip between a wash and a fence, the dispatcher said. The pilot and two passengers were able to extract themselves from the plane and were transported to a local hospital, police sad.

Business

Paper says Kushner sought secret Russian Federation channe

The Post report cited communications intercepted by USA intelligence officials as Russian Ambassador Sergei Kislyak reported to his superiors in Moscow. Trump's presidential opponent, Democratic nominee Hillary Clinton, and the U.S. House, Senate and Justice Department are each investigating possible collusion between the Trump team and the Kremlin.

Business

Callon Petroleum Company (CPE) Receiving Somewhat Favorable News Coverage, Study Shows

Shellback Capital Lp decreased Amazon Com Inc (NASDAQ:AMZN) stake by 26,747 shares to 13,253 valued at $9.94 million in 2016Q4. Alyeska Gp Limited Partnership holds 0.61% or 4.40 million shares in its portfolio. 09/08/2016 - Callon Petroleum Company had its " rating reiterated by analysts at Canaccord Genuity. Its revenue has grown at an average annualized rate of about 6.20% during the past five years.

Business

Ex-Senate staffer: Hall of Fame pitcher Jim Bunning has died

He pitched a no-hitter for the Tigers in 1958, and a flawless game for the Phillies in 1964. He made his debut with the latter, pitching nine seasons in Detroit. As a national politician, he spent over 20 years representing Kentucky. The nine-time All-Star was selected to the Hall of Fame in 1996 by the Veteran's Committee.

Business

Southwest Airlines Co (LUV) Stake Boosted by Toronto Dominion Bank

Guggenheim Cap Limited Company reported 0% of its portfolio in BroadSoft Inc (NASDAQ:BSFT). The Firm is a well-known provider of credit services and products to small businesses. Fuller & Thaler Asset Management holds 101,355 shares. "Increases Stake in Southwest Airlines Co (LUV )" was originally published by BBNS and is the property of of BBNS.

Business

Should You Buy Sonus Networks, Inc. (NASDAQ:SONS) On Current Analyst Views?

It has underperformed by 27.90% the S&P500.The move comes after 9 months negative chart setup for the $353.06 million company. Sonus and GENBAND shareholders will each own around 50% of the combined company. Analysts are also projecting an Average Revenue Estimate for Sonus Networks, Inc.as $8000 in the Current Quarter. During the same quarter in the prior year, the firm posted $0.03 earnings per share.

Business

Baker Hughes (BHI) Earning Somewhat Favorable Media Coverage, Study Finds

It has outperformed by 62.19% the S&P500. Keystone Financial Planning Inc increased its stake in Unilever Plc (UL) by 12% based on its latest 2016Q4 regulatory filing with the SEC. They set a "buy" rating for the company. The rating was initiated by SunTrust with "Hold" on Wednesday, January 18. On Friday, August 14 the stock rating was maintained by UBS with "Buy".

Business

Jared Kushner proposed secret communications with Russian Federation

Former CIA counterterrorism expert Glenn Carle also spoke somewhat prophetically about the meeting in which Kushner asked for a secure channel to communicate with Russian Federation. In early December, after Trump had won the elections, Kushner and Flynn met in NY with Kislyak. According to Reuters , Kushner held at least two phone calls between April and November of previous year with Kislyak, who's represented Russian President Vladimir Putin in Washington since 2008.

Business

Centene Corp (CNC) EVP Jesse N. Hunter Sells 5000 Shares

About shares traded. Nathan's Famous, Inc. The company has a market capitalization of $12.99 billion, a price-to-earnings ratio of 18.57 and a beta of 0.69. On Wednesday, June 29 the stock rating was upgraded by Morgan Stanley to "Overweight". The rating was upgraded by Goldman Sachs to "Neutral" on Tuesday, December 13.

Business

Cabot Oil & Gas Corporation (COG) Delivers Consistent EPS Surprises

It now has negative earnings. Its assets are concentrated in areas with known hydrocarbon resources, which are conducive to multi-well, repeatable drilling programs. The stock has earnings growth of 203.90% yoy and showed a low EPS growth of -19.10% over the past five years. Comparatively, Cabot Oil & Gas Corporation posted earnings of $0.04 per share in the same quarter a year ago.

Business

US Senate committee passes bill to impose new sanctions on Iran

United States lawmakers, who backed the bill, said they believed that the bill would not violate terms of the 2015 nuclear deal, known as the Joint Comprehensive Plan of Action (JCPOA), reached between Iran and the P5+1 group of countries, including the US.

Business

The 101st Running of the Indianapolis 500 Set For Sunday

Those preferences were released Thursday. "I think having Fernando Alonso , who has a full-time Formula One ride and misses Monaco to come run the Indy 500 - we would argue it's the most important race in the world - it has benefited us", Bowles said.

Business

Jared Kushner under FBI Probe for alleged Russian Links

This marked the first time the Trump campaign organization has been drawn into the bipartisan committee's investigation into Russian interference in the presidential election, it said. The Senate Intelligence Committee wants all communications going back to the launch of the campaign. The White House disclosed the fact of the meeting only in March, playing down its significance.

Business

OPEC disappointment hits oil, stocks; sterling down on United Kingdom vote jitters

Oil had climbed back above $51 a barrel after Saudi Arabia and non-OPEC member Russian Federation rallied support from the Organization of Petroleum Exporting Countries and other nations to extend the deal into 2018. The deal is aimed at restoring balance to a market flush with oil . The OPEC alliance faces competition from US shale producers. "It will have more benefit in 9 months and we think it is a period that will have more stability in the market", Press TV quoted Iraqi Petroleum ...

Business

DNC calls for firing Trump's son-in-law over Russia revelations

US President Donald Trump with son-in-law Jared Kushner . Current and former American officials said Kushner's activities, like those of many others around Trump, are under scrutiny as part of the investigation. But, as some experts have argued, why would Kislyak, an acclaimed spymaster himself, knowingly jeopardise the opportunity to own a source like Kushner whose proximity to the president would have afforded Moscow the kind of access to the White House fantasized by writers of ...

Business

Oil Prices Drop 5 Percent after OPEC Meeting in Vienna

At Thursday's meeting in Vienna , the Organization of the Petroleum Exporting Countries and some non-OPEC producers agreed to extend supply cuts of 1.8 million barrels per day (bpd) until the end of the first quarter of 2018. "The U.S. shale producer does what everyone thought was impossible". Before, OPEC's strategy was to keep pumping at full tilt in order to push the oil price lower and make life hard for the Americans, who need a higher price to make money.

Business

OPEC's oil squeeze to remain, but market wants more

An extension of a managed production decline agreement led by OPEC won't have much of a long-term impact on crude oil prices , Wood Mackenzie found. The oil producers agreed to extend oil output cuts for nine months. Russian Federation and other non-Opec countries have signed up to the deal, Suhail al Mazrouei, the oil minister for the United Arab Emirates, told the Financial Times.

Business

Oil slips further on disappointing OPEC meeting outcome

However, stockpiles remain high and production from non-participating countries, including the US, has been rising, capping crude some way below the $60 a level earmarked by OPEC's de-facto leader, Saudi Arabia. "It looks like the next six to nine months can be a "sweet spot" for the oil market". WisdomTree ETF strategist Nizam Hamid said: "The falls may provide a buying opportunity for investors who believe in the long-term story for oil, but they also highlight the environment of ...

Business

Mylan NV (MYL) Is An Earnings Contender

About shares traded. Mylan N.V. (NASDAQ:MYL) has declined 7.73% since May 25, 2016 and is downtrending. Euclidean Technologies Management Llc increased its stake in Trinity Inds Inc (TRN) by 126.08% based on its latest 2016Q4 regulatory filing with the SEC.

Business

Trump aides keep mum on Kushner-Russia reports

In addition, Reuters reported that Kushner had at least three previously undisclosed contacts with Kislyak past year, including two phone calls between April and November. Kushner's interactions with Russians - including Kislyak and an executive for a Russian bank under USA sanctions - were not acknowledged by the White House until they were exposed in media reports.

Business

Brokerages Anticipate Scorpio Tankers Inc. (STNG) to Announce -$0.04 EPS

The company declined -4.52% and closed its last trading session at $4.2. Scorpio Tankers's quarterly revenue was down 25.6% compared to the same quarter previous year. The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 14th. Stockholders of record on Thursday, May 11th will be issued a $0.01 dividend.

Business

KBC Group NV Takes Position in Chesapeake Energy Co. (CHK)

Over the past 50 days, Chesapeake Energy Corporation stock's -19.73% off of the high and 6.87% removed from the low. Analysts are also projecting an Average Revenue Estimate for Chesapeake Energy Corporation as $8000 in the Current Quarter.

Business

US President accused of asking FBI Chief to drop Flynn inquiry

BOZEMAN, Mont. (AP ) - Republican multimillionaire Greg Gianforte won Montana's only U.S. House seat on Thursday despite being charged a day earlier with assault after witnesses said he grabbed a reporter by the neck and threw him to the ground.

Business

Kushner sought secret Russian Federation channel

Kushner's attorney, Jamie Gorelick, said Kushner did not remember any calls with Kislyak between April and November. But Mr. Kushner is not now the subject of a criminal investigation. Trump dismissed him primarily because of the bureau's investigation into possible collusion between his campaign and Russian operatives. Reuters previously reported only Flynn'€™s involvement in those discussions.

Business

Manchester attack: Teenager among eight arrested over deadly bombing

But it wasn't clear USA officials were the source of the images, which the Times defended as "neither graphic nor disrespectful of victims" and consistent with basic reporting "on weapons used in horrific crimes". "The military are continuing to support the police under Operation Temperer -- 1,000 members of the military are assisting in that", said Rudd. Abedi had been in Libya in the weeks before the attack, and German magazine Focus, citing unnamed federal security source, reported ...

Business

Traders Purchase Large Volume of Fairmount Santrol Holdings Call Options (FMSA)

The stock subtracted in the prior trading session by -2.95%, closing at the stock price of $5.27. The analysts, on average, are forecasting a $41.78 price target, but the stock is already up 332.55% from its recent lows. Evercore ISI began coverage on shares of Fairmount Santrol Holdings in a research report on Thursday. HP Inc (NYSE:HPQ) shares has displayed a low EPS growth of -14.40% in last 5 years.

Business

Macron was warned about Trump's awkwardly aggressive handshake before their meeting

US President Donald Trump and French leader Emmanuel Macron . The two leaders met face-to-face for the first time on Thursday in Brussels , with the former French banker having been among the first to experience the USA mogul-turned president's famous grip.

Business

EPS for Costco Wholesale Corporation (COST) Expected At $1.30

Cme Group Inc now has $40.19B valuation. The stock rose 0.78% or $0.45 reaching $58.37. Shares of Costco Wholesale Co. Johnson & Johnson (NYSE:JNJ) has risen 12.54% since May 22, 2016 and is uptrending. Duncker Streett holds 0.08% or 1,562 shares in its portfolio. Wealthtrust owns 0.04% invested in Costco Wholesale Corporation (NASDAQ:COST) for 406 shares.

Business

Energy Transfer Partners, L.P. (NYSE:ETP) Stock Sees Movement of

Energy Transfer, LP, formerly Energy Transfer Partners, L.P. (ETP), is engaged in the gathering and processing, compression, treating and transportation of natural gas, focusing on providing midstream services in various natural gas producing regions in the United States, including the Eagle Ford, Haynesville, Barnett, Fayetteville, Marcellus, and Bone Spring.

Business

US Envoy: Leaks of Manchester bomb probe "reprehensible", will stop

Greater Manchester Police indicated that information will no longer be shared with USA counterparts as the force described the eight men who remain in custody as "significant" arrests in their "fast-moving investigation". May said at the time Britain would continue to share information with Washington. Prime Minister Theresa May on Tuesday placed the country on its highest level of terror alert - "critical" - meaning a new attack is believed to be imminent.

Business

Experts say global cyber attack similar to North Korean hacks

The attackers demanded money to unblock their computers. The malware has scrambled data at hospitals, factories, government agencies, banks and other businesses since Friday. South Korea has been a frequent target of cyberattacks that it traced to its northern neighbor. Researchers have said that some of the code used in Friday's ransomware, known as WannaCry software, was almost identical to the code used by the Lazarus Group , a group of North Korean hackers who used a similar version for ...


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