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Business

Which insiders are selling Oasis Petroleum Inc. (NYSE:OAS)?

A number of institutional investors have recently modified their holdings of the stock. On the other hand Oasis Petroleum Inc (NYSE: OAS ) has Relative Strength Index (RSI 14) of 34.39 along with Average True Range (ATR 14) of 0.52. While considering growth estimates of the company, it has next quarter growth estimates of 88.2% whereas during current quarter it has 54.5% estimations over growth, comparing to the estimations of 82% during current year and 333.3% for next year.

Business

Airtel offers 30GB free data under Monsoon Surprise

Additionally, if you go for the Rs 309 recharge plan , you will get 1GB data per day for 6 months (6 recharge cycles of 28 days). Reliance Jio's first option gives 2GB data per month for 12 months at a monthly recharge of Rs 149. The Airtel Monsoon Surprise is an extension of "Data Surprise offer", which offered 10 GB of additional data per month for four months to its postpaid customers.

Business

Takeover approaches give Worldpay a £1.4bn boost

The company processes credit and debit-card transactions for merchants and has a market capitalization of more than $12 billion. The statement was flushed out by a speculative story early this morning on the website WallStreet Wires which said that "people familiar with the matter" were suggesting that Worldpay had been approached and that advisers had been appointed.

Business

Tencent puts time restriction for young players of Honour of Kings

The company will also not allow children under 12 years to log in after 9 p.m. But not everyone is convinced. "There are always ways for children to bypass them". He said he feels it's wrong to blame the game for causing addiction problems, suggesting parents need to shoulder more responsibility. Tencent said it introduced the play time and spending curbs for minors and those under 12 effective from Tuesday out of social responsibility.

Business

Trump to speak with China, Japan leaders on North Korea

According to the South Korean military, the missile was allegedly launched from a military base in the province of Pyongan-Pukto. Trump has sought to enlist China , North Korea's main economic partner, to turn the screws on Pyongyang over its nuclear and missile programs, which aim to put a warhead on a ballistic missile capable of striking the United States .

Business

Samsung plan to create 440000 jobs through £14bn chip expansion

The announcement follows repeated calls from new South Korean President Moon Jae-in for big businesses to invest more domestically as part of a wider job-creation agenda. Mass production of the latest V-NAND chips at the new plant is part of Samsung's strategy to focus its capacities on the growing NAND chip market that is estimated to expand almost 40 percent every year.

Business

Sainsbury's beats market expectations with soaring sales

Tuesday's results for Sainsbury were the first released under a new reporting structure which combines figures for the Argos and Sainsbury brands. Strong sales of fresh fruit and veg and a dash for paddling pools, summer clothes and fans helped Sainsbury's and Argos deliver a big jump in sales growth.

Business

Tony Hadley quits Spandau Ballet

He made the announcement on Twitter . The statement said: "Due to circumstances beyond my control, it is with deep regret that I am required to state that I am no long a member of the band Spandau Ballet ". Spandau Ballet responded to Tony's annoucement, saying the singer has wanted to leave the band since last September. The band was formed in 1976 in Islington, London, but after a number of years performing and finding their sound they came upon the Blitz club-night in Covent Garden, ...

Business

Air Asia X plane makes Emergency landing in Brisbane

Tim Joga, 31, told the Sydney Morning Herald that he heard about "four or five bangs" coming from the right-side before noticing flames coming out of the engine on that side. Video footage captured by a passenger showed the plane loudly vibrating and shaking after what passenger Brenton Atkinson said sounded like a small explosion.

Business

RBA keeps cash rate on hold as retail rates rise and fall

Three-year government bond yields fell 6 basis points to 1.96 percent, their biggest decline since March. The market was disappointed as RBA did not deliver a more hawkish tone, as what was done by central banks in the UK, Eurozone and even Canada.

Business

Nasdaq price glitch leaves tech giants stocks fixed at $123.47

It also indicated that Amazon had lost as much as $398bn in market capitalisation, while Bed Bath & Beyond saw its value lift from about $4.4bn to $17.9bn. The glitch happened after the close of the USA markets on Monday. In a statement to the Financial Times , Nasdaq said the culprit was "improper use of test data" that was picked up by third party financial data providers.

Business

Is Bankrate Inc (RATE) a Buy? The Stock Rises Again

The bank reported $0.13 EPS for the quarter, topping the consensus estimate of $0.11 by $0.02. On Tuesday, April 25th, Steven Barnhart sold 6,702 shares of Bankrate stock. Goldman Sachs upgraded the shares of RATE in report on Friday, February 26 to "Neutral" rating. Two Sigma Investments LP now owns 389,195 shares of the bank's stock valued at $4,301,000 after buying an additional 4,704 shares during the period.

Business

Noticeable Stock to Watch: Encana Corp (NYSE:ECA)

Desjardins Securities maintained it with "Hold" rating and $13.75 target in Friday, March 31 report. After $0.23 actual earnings per share reported by Regions Financial Corp for the previous quarter, Wall Street now forecasts 4.35% EPS growth.

Business

Could the Atlantic see Tropical Storm Don this week?

Conditions are favorable for Invest 94-L to develop into a tropical depression soon, forecasters said, and most models agree it will strengthen into a tropical storm - and possibly a hurricane - by the end of the week. Almost all of the reliable computer models bring this disturbance up to tropical storm strength within the next 5 days. A tropical wave rolling across the Central Atlantic is threatening to become a tropical storm or depression over the next five days, hurricane forecasters ...

Business

Barclays former CEO and three bankers in court to face fraud charges

Mr. Jenkins was the executive chairman of investment banking and investment management in the Middle East and North Africa at Barclays Capital at the time of the fund-raising, and played a key role in helping to arrange it. The Barclays prosecution is one of the most high-profile cases to be brought by the SFO. Barclays Bank is also facing multiple charges. It also charged former Barclays CEO John Varley and former executives Roger Jenkins , Tom Kalaris and Richard Boath with ...

Business

ITV plc (LON:ITV) Given "Hold" Rating at Deutsche Bank AG

It has underperformed by 1.72% the S&P500. Lastly, Macquarie reissued a neutral recommendation and fixed a GBX 2,323 ($29.55) price objective on the stock of Secure Trust Bank in a study report on early Mon, Apr 3rd. The firm has "Buy" rating given on Friday, March 18 by HSBC. BP p.l.c.is an integrated oil and gas company. Market capitalisation for LON:SYNT is £1,660,317,522 GBP.

Business

Maitama Sule to be buried Tuesday in Kano

He was appointed Nigeria's representative to the United Nations in September 1979. He extends deep and heartfelt condolences to his family, friends, associates and the government of Kano State, praying that the Almighty God comforts all. The commissioner revealed that "Dr. Yusuf Maitama Sule died at a hospital in Cairo, Egypt where he was receiving treatment for an illness". According to reports, the deceased was first admitted at the Nasarawa Hospital in Kano, where doctors diagnosed him ...

Business

Percent. Your Health Care Premium Could Go Up That Much

Republican Senator Rand Paul of Kentucky said getting repeal and replace bills close together in time would be key for centrist members of his party. McConnell says, "It's not easy making America great again, is it?" Amid delays in bringing a Republican health-care bill to the Senate floor, a White House official said Sunday that the administration considers separating the repeal and replace components of abolishing Obamacare as an "option".

Business

Sensex Rises By 300 points, Nifty Sees Record Gains After GST Launch

The Indian equity market seems to have given a thumbs up to GST roll out, Sensex rose 300 points and FMCG led by ITC . Meanwhile, the broad based NSE Nifty climbed by 94.10 or 0.99% at 9,615.00 with 36 components registering rise. So possible for couple of more days you could have this Nifty rally but for higher levels, large stocks will need to participate. On Friday, the rupee had staged a mild recovery by gaining 5 paise to close at 64.58 against the dollar in a cautious trade.

Business

Tokyo election results shock Japanese PM

For Abe, the results mean it will be more hard for him to achieve his goals - to stay as prime minister until the 2020 Tokyo Olympics, and to achieve his long-cherished revision to the constitution. Meanwhile, the scapegoating process is being prepared: Abe is expected to reshuffle his cabinet in coming months in an effort to fix his damaged ratings, a step often taken by beleaguered leaders but one that can backfired if novice ministers become embroiled in scandals or commit gaffes.

Business

Oil prices extend gains on dip in U.S. output

The rig count had risen for the previous 23 weeks. Some of the recent price slump related to increased production elsewhere. Data this week, meanwhile, showed US crude oil production declined about 100,000 barrels per day for the biggest decline so far this year.

Business

China's $9tn bond market opens up to foreign investors

China has for years faced foreign complaints about restricted access to its markets, but has recently made a series of liberalization pledges, partly to expand its global market influence. Carrie Lam, Chief Executive of Hong Kong Special Administration Region, stated during the opening ceremony that the new trading platform will help mainland to further open up its capital market as well as maintain HK's status as an worldwide financial centre, People's Daily reported.

Business

Gatwick Airport runway closed and flight diverted after suspected drone causes disruption

A PASSENGER flight bound for London's Gatwick Airport was diverted to Bournemouth because of a drone flying close by. Operations fully resumed and police investigating."Some flights were diverted, with easyJet, the biggest airline at Gatwick, worst affected".

Business

First production Tesla Model 3 expected Friday, Elon Musk says

The Model 3, the company's most affordable auto yet, had been expected to begin production in July , but there had been little news on how the preparations at Tesla's factory in Fremont, California, were progressing. Musk said he expects the production rate to be 20,000 per month by December. Handover party for first 30 customer Model 3's on the 28th! Musk also noted that Model 3 passed all regulatory requirements, a precursor to official production.

Business

Fairfax Still Eyeing Domain Spin-off After Moving On From Private Equity Bidders

In a statement to the market, Fairfax said its top priority was "investing to grow and further strengthen the Domain Group". He also said the due diligence process was "not a substantial cost" for Fairfax. Domain's overall revenue rose 10 per cent "with its total digital business up 22 per cent and accelerating". Metro Media is down 12 per cent, Australian Community Media revenue is down 11 per cent, New Zealand Media is down 4 per cent and Macquarie Media is down 5 per cent.

Business

This All-Girl Robotics Team From Afghanistan Was Denied US Visas

To apply for the business visa that would allow them come to the US for seven days-enough time to see the global competition through-they had to travel 500 miles to Kabul, a city that's recently seen suicide attacks and a truck bombing that was one of the deadliest strikes of the Afghan War .

Business

Iran signs multi-billion-dollar gas deal with French energy giant Total

The French firm was initially due to sign the contract in early 2017, but Chief Executive Patrick Pouyanne said in February that it would wait to see the decision of US President Donald Trump's administration on sanctions against Iran, AFP reported .

Business

United States lifts laptop ban for Etihad flights

The US had on March 25 banned electronic devices larger than a mobile phone in passenger cabins of direct flights to the country from 10 airports in the Gulf, North Africa and Turkey, including Emirates, Etihad , Qatar and Turkish. -bound flights from nine global airports in Amman, Jordan; Kuwait City; Cairo; Istanbul; Jeddah and Riyadh, Saudi Arabia; Casablanca, Morocco; Doha, Qatar; and Dubai in the UAE.

Business

Olivia de Havilland is suing FX over portrayal in Ryan Murphy's Feud

Her portrayal in the series was instead based Murphy's own research, including an interview he conducted with Davis shortly before her death in 1989. The Hollywood Reporter reports that she is suing the network, FX, and Ryan Murphy Productions in regards to the depiction of herself on the series.

Business

Former PM Olmert Released From Prison

He is the first Israeli Prime Minister to serve time in jail. Olmert, 71, served 16 months of his 27-month corruption sentence at a prison near Tel Aviv . He was released after a week of hospitalization. Even after his release, Olmert could still face new criminal charges, though some Israeli news media reported that the probe is expected to be dropped.

Business

Andy Murray's wife pregnant with second child

This recent news regarding his family may galvanise Murray to glory at Wimbledon. "Queen's has generally been good for my Wimbledon preparation over the years and I've played some good matches and finals there, but I have also lost early before there and gone on to do well", he said.

Business

China's new heavy-lift rocket launch fails in flight

The launch was the last test for the Long March-5 series before its mission to send the Chang'e-5 lunar probe into space in the latter half of this year, which was to return with samples. The heavy-lift rocket is fueled by liquid hydrogen, kerosene, and liquid hydrogen and capable of carrying up to 25 tons - equivalent to the weight of 16 cars.

Business

Kanye West leaves Jay-Zs Tidal over money dispute

We're told 2 weeks ago Kanye's lawyer fired off a second letter declaring again the contract was over. But the status of Jay and 'Ye's relationship since Kanye went off isn't quite known. "You walkin" around like you invincible You dropped outta school/you lost your principles/I know people backstab you, I felt bad too/But this "f**k everybody" attitude ain't natural/But you ain't a Saint, this ain't KumbaYe/But you got hurt because you did cool by "Ye/You gave him 20 million without ...

Business

GST implementation won't affect Smartphones pricing in India

Last night, President Pranab Mukherjee and Prime Minister Narendra Modi along with other eminent dignitiries launched the new tax structure at Central Hall. Albert Einstein used to say that one of the most hard things to understand is income tax . Implementing the new tax regime across India's 29 states and seven federal-administrative territories is likely to have challenges as most small businesses lack the digital means necessary to comply with GST provisions.

Business

Oil Prices Flat; Set For Worst First Half Since 1997

US shale-oil drillers, who aren't a part of the output agreement, have been cited as the main culprit, disrupting OPEC's efforts to stabilize oil prices. "The U.S. has increased production by 900,000 barrels per day". While other OPEC members are cutting output in a coordinated effort to balance the market, Iran can increase production as it works to recapture a market share lost to global sanctions.


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