Markets

Author: 0 Can DCP Midstream, LP (NYSE:DCP) Go The Extra Mile?

Peak Asset Management Ltd Liability Corp has 0.17% invested in Magellan Midstream Partners, L.P. (NYSE:MMP) for 5,780 shares. The stock declined 0.71% or $0.1 reaching $13.9 per share. Therefore 73% are positive. The firm has "Equalweight" rating given on Monday, November 2 by Morgan Stanley. The stock has "Neutral" rating by Guggenheim on Wednesday, April 19.

Markets UBS Cuts Rating On Foot Locker, Inc. (FL) To
Author: 0 UBS Cuts Rating On Foot Locker, Inc. (FL) To "Neutral"

Cowen and Company restated a market perform rating and issued a $77.00 price objective on shares of Foot Locker in a research report on Sunday, April 23rd. (NYSE:FL) for 103,429 shares. At the same time, comparable store sales shrank 6% during the latest quarter, confounding analysts' expectations of a 1.7% increase.

Markets United Kingdom posts first July public finances surplus since 2002
Author: 0 United Kingdom posts first July public finances surplus since 2002

The UK enjoyed its first July surplus in 15 years as public sector borrowing came in lower than expected, according to new figures. The receipts from self-assessed Income Tax increased by GBP 0.8 billion annually to GBP 8.0 billion, the highest level of July self-assessed Income Tax receipts on record.

Markets Herbalife LTD. (HLF) Upgraded to Hold at BidaskClub
Author: 0 Herbalife LTD. (HLF) Upgraded to Hold at BidaskClub

Herbalife Ltd said it had started buying back up to $600-million of its shares in a modified Dutch tender offer, after talks with an investor to take the company private fell through. If you are accessing this report on another website, it was illegally stolen and reposted in violation of U.S. & global copyright and trademark laws.

Markets Expect Crude oil to trade positive: Sushil Finance
Author: 0 Expect Crude oil to trade positive: Sushil Finance

This is a sharp turnaround from a meagre profit of 531 million yuan in last year's first half, which PetroChina attributed to higher oil prices and "strict control" on investments and costs. The report from Baker Hughes shows that the numbers of operating rigs in the United States declined for a 4th time in 31 weeks. Rig numbers in the major oil-producing basins of Permian, Eagle Ford, Williston (which contains the Bakken shale play) and Niobrara remained stable from a week ago.

Markets South joint drills begin amid North Korea tensions
Author: 0 South joint drills begin amid North Korea tensions

The United States and South Korea will go ahead with joint military drills next week, the top USA military official said on Thursday, resisting pressure from North Korea and its ally China to halt the contentious exercises. The annual exercises have taken on greater significance this year due to the rise in tensions around North Korea's rapid progress in developing nuclear weapons and missiles capable of reaching the USA mainland.

Markets Visiting Prince Denied Entry to Brisbane Bar
Author: 0 Visiting Prince Denied Entry to Brisbane Bar

The Queensland government has become a laughing stock after their strict liquor laws prevented the royal from entering Jade Buddha bar at the Eagle St Pier just before midnight on Friday. And while the city's SNP president Brad Fitzgibbons said he would've allowed the dignitary entry to his venue, it showed the extreme extent of the laws which came into force on July 1.

Markets Ford to launch scrappage incentive scheme
Author: 0 Ford to launch scrappage incentive scheme

Buyers of new Ford vehicles who are trading in pre-Euro 5 compliant vehicles, registered before 2009, could see up to a £7,000 discount. Vauxhall and BMW launched trade-in programs earlier this year. "Ford shares society's concerns over air quality", its managing director in Britain Andy Barratt said on Tuesday. "We don't believe incentivising sales of new cars goes far enough and we will ensure that all trade-in vehicles are scrapped".

Markets Hyundai begins showcasing its new fuel cell vehicle
Author: 0 Hyundai begins showcasing its new fuel cell vehicle

Specifically, this FCEV (fuel cell electric vehicle) concept previews a production model coming next year. "We're strengthening our eco-friendly auto strategy, centreing on electric vehicles", Executive Vice President Lee Kwang-guk told a news conference, calling the technology mainstream and realistic.

Markets BHP returns to profit but misses forecasts
Author: 0 BHP returns to profit but misses forecasts

But it's worth asking whether the decision to put the shale assets up for sale and increase dividends was motivated mainly by Elliott's intervention, or whether they would have happened anyway. And today BHP announced a bigger than expected dividend. The result was driven by the company's Pilbara iron ore operations which delivered revenue of $US14.6 billion, compared with $US10.5 billion last financial year on higher prices for the commodity.

Markets China Unicom +3.3% as $11.7B reform plan gets regulatory OK
Author: 0 China Unicom +3.3% as $11.7B reform plan gets regulatory OK

China Unicom (NYSE: CHU ) is up 3.3% out of the open in NYSE trading, following similar moves up in Asia today after a somewhat chaotic ownership reform plan got a sign-off from regulators . Finally, Jefferies Group LLC upgraded China Unicom (Hong Kong) from an "underperform" rating to a "buy" rating in a report on Thursday, April 27th. Cubist Systematic Strategies LLC now owns 17,478 shares of the Wireless communications provider's stock worth $261,000 after buying an additional 7,239 shares ...

Markets Momentum Stock: Wal-Mart Stores Inc. (WMT)
Author: 0 Momentum Stock: Wal-Mart Stores Inc. (WMT)

The Burney Co holds 84,399 shares with $5.83M value, up from 79,334 last quarter. Hawaiian Holdings Inc Com now has $2.23 billion valuation. The stock declined 0.35% or $0.19 reaching $53.76 on the news. Thomas J Herzfeld holds 1,266 shares. The stock grabbed 128 new institutional investments totaling 13,820,620 shares while 66 institutional investors sold out their entire positions totaling 4,494,958 shares.

Markets Majority of FTSE 350 boards lack cyber incident training
Author: 0 Majority of FTSE 350 boards lack cyber incident training

Nearly 70 PER CENT of company directors have no training in responding to cyber attacks, according to a survey of 105 businesses in the FTSE 350. "They must move away from IT security awareness training being a box-ticking exercise to a more immersive experience that can actually make a difference in an employee's behaviour", he said.

Markets McDonald's closing all outlets in north, east India
Author: 0 McDonald's closing all outlets in north, east India

These franchises will have to stop using McDonald's name, trademarks, design and recipes within 15 days of getting the notice, McDonald's declared. CPRL is considering appropriate legal remedies that are available under law, ' he added. He further said one of the items on the agenda was to discuss the re-opening of the 43 restaurants whose operations lie now suspended. The move by McDonald's India follows a protracted legal dispute with CPRL that started in 2013, when McDonald's said ...

Markets Watchers 'could cost USA bosses $947m'
Author: 0 Watchers 'could cost USA bosses $947m'

The report cites an estimate provided by Challenger, Gray & Christmas, a firm that tallied up the possible lost moments of work Monday. It may be a once-in-a-lifetime event, but next Monday's total eclipse of the sun will cost US companies hundreds of millions of dollars in lost productivity.

Markets Safety Alert: Dutch Bros. recalls solar eclipse glasses
Author: 0 Safety Alert: Dutch Bros. recalls solar eclipse glasses

According to Dutch Bros, the glasses were purchased after receiving a certification of ISO - meaning the glasses were safe to use - from the manufacturer. Another wrote : "Pisses me off getting up at 4 in morning waiting in line to get these for my kids and they are unsafe thank you for the warning but this was all we had to watch it now we cant".

Markets Sensex, Nifty tumble as Infosys, global cues continue to hurt markets
Author: 0 Sensex, Nifty tumble as Infosys, global cues continue to hurt markets

He also cited recent business challenges created by geopolitical developments, including USA leadership by President Donald Trump and last year's Brexit vote in the United Kingdom. The board accepted his resignation, effective immediately. Headquartered in the southern city of Bengaluru , India's Silicon Valley, Infosys grew to become the country's second largest IT services company.

Markets Sempra Energy to buy Oncor in $18.8bn deal
Author: 0 Sempra Energy to buy Oncor in $18.8bn deal

San Diego-based Sempra is the mystery bidder that was mentioned at an Aug 18 bankruptcy hearing, according to people familiar with the matter. According to Reuters , the board at Energy Future opted for the Sempra bid after receiving assurances from Sempra officials that its offer for Oncor would receive approval from the Public Utility Commission of Texas, as well as a USA bankruptcy judge.