Markets

Markets Harvey threatens more U.S. oil refineries after heavy rains
Author: 0 Harvey threatens more U.S. oil refineries after heavy rains

The same closings sent West Texas Intermediate crude oil futures for October delivery down 0.8% Monday morning as demand for USA crude is expected to fall. But what the Gulf of Mexico lacks when it comes to the energy production share of the market, it makes up for it in refinery activity. Oil prices have dropped sharply this week even though FBE Energy estimates that the storm knocked out 780,000 barrels of Gulf of Mexico and Texas shale production.

Markets Western Digital to acquire Tegile Systems
Author: 0 Western Digital to acquire Tegile Systems

About 280 shares traded. It has outperformed by 109.15% the S&P500. Hybrid flash technologies can increase performance significantly without the higher investment that all-flash products require. Td Asset Mngmt Inc holds 120,623 shares. Caldwell Orkin holds 13,500 shares. Taking a glance from a WDC stance, Rakesh sees the possibility the company "could raise the 150B yen from a convertible debt offering, or ~$1.4B in additional debt".

Markets Hedge Funds Lose Faith in Oil Before Harvey Hits Demand Center
Author: 0 Hedge Funds Lose Faith in Oil Before Harvey Hits Demand Center

Spot prices for United States gasoline futures surged 7 per cent to a peak of $1.7799 per gallon, the highest level since late July 2015, before easing to $1.7341 by 1341 GMT. Greg McKenna, chief market strategist at futures brokerage AxiTrader said the refinery outages would "see crude inventories build up". Kachikwu said the Nigeria's oil production was slightly below 1.8b/d in July, adding that condensates accounted for an extra 450, 000b/d to the country's output in July.

Markets Plains All American Pipeline, LP (NYSE:PAA) reported Sales of 23.87 Billion
Author: 0 Plains All American Pipeline, LP (NYSE:PAA) reported Sales of 23.87 Billion

Northfield Bancorp had 7 analyst reports since July 21, 2015 according to SRatingsIntel. Raymond James Financial, Inc.'s target price would suggest a potential upside of 18.87% from the company's current price. The Company operates through three segments: Transportation, Facilities, and Supply and Logistics. It has a 16.04 P/E ratio. The Transportation segment operations consist of fee-based activities associated with transporting crude oil and NGL on pipelines, gathering systems, trucks and ...

Markets Looking Closer at Shares of BioAmber Inc (BIOA)
Author: 0 Looking Closer at Shares of BioAmber Inc (BIOA)

Because MACD uses moving averages and moving averages lag price, signal line crossovers can come late and affect the reward-to-risk ratio of a trade. But like all derivatives of price, it's much smoother than price itself. Investors and traders using technical analysis to examine stocks may be interested in taking a look at additional technical indicators such as the ATR or Average True Range.

Markets How Analysts Rated Redrow plc (LON:RDW) Last Week?
Author: 0 How Analysts Rated Redrow plc (LON:RDW) Last Week?

GBX 2211.53's average target is -4.47% below currents GBX 2315 stock price. Novae Group PLC had 83 analyst reports since August 5, 2015 according to SRatingsIntel. Its up 0.11, from 1.2 in 2016Q3. Da Davidson & reported 3,880 shares. Auto Trader Group PLC ( AUTO ) traded down 0.49% on Friday, reaching GBX 342.50.

Markets Indian students stranded at University of Houston, says Sushma Swaraj
Author: 0 Indian students stranded at University of Houston, says Sushma Swaraj

India's Minister for External Affairs Sushma Swaraj on Tuesday said that India would grant medical visa for treatment of a newborn baby from Pakistan whose family said he is suffering from a cardiac ailment. Earlier, as per Associated Press report, rescuers brought out hundreds of people from flood waters, answering help calls in the Texas coastline where there are reports of at least two people were killed and at least 14 injured due to the hurricane.

Markets Harvey in Louisiana: 500 people in Lake Charles area rescued Monday night
Author: 0 Harvey in Louisiana: 500 people in Lake Charles area rescued Monday night

Harvey is no longer a hurricane but it is still strong enough to be a tropical storm which will bring heavy winds and a lot of rain. Much of that rain has flowed into people's homes and cut off their roads and highways. Thousands have been forced to flee their homes with damage estimated to be in the billions of dollars . "We've been in water all day, actually since last night and we didn't think help was coming", she said.

Markets 21st Century Fox Pulls UK Fox News Feed From Sky
Author: 0 21st Century Fox Pulls UK Fox News Feed From Sky

Rupert Murdoch has chosen to end the United Kingdom feed of the channel, citing its future commercial viability as the reason, reported The Guardian . The right-wing news channel is highly controversial around the world, with scandals including a sexual harassment fiasco involving Fox News staff and accusations of collusion with US President Donald Trump.

Markets Draghi, Yellen Comments Drag Dollar Index Down to 15-month Lows
Author: 0 Draghi, Yellen Comments Drag Dollar Index Down to 15-month Lows

The export-oriented DAX.GDAXI fell 0.3 per cent and the broader pan-European Stoxx 600 index slipped 0.5 per cent. British markets were closed for a public holiday. He didn't address the financial health of the eurozone, but investors took that as a sign of confidence in the continent's economy . "If the Euro strengthens against the dollar - the main consumer of European products are the U.S.

Markets Gilead buys $12 bn Kite to fly into cell therapy
Author: 0 Gilead buys $12 bn Kite to fly into cell therapy

Kite Pharma Inc (NASDAQ: KITE ) has risen 55.47% since August 28, 2016 and is uptrending. It has underperformed by 38.50% the S&P500. Cam Group Hldg A S reported 63,904 shares stake. Notis has 0.7% invested in Gilead Sciences, Inc . The insider Cogan John Francis sold 9,943 shares worth $668,667. Alton Gregg H sold $337,392 worth of Gilead Sciences, Inc .

Markets Kevin Hart Challenges Celebrities To Donate To Texas Relief
Author: 0 Kevin Hart Challenges Celebrities To Donate To Texas Relief

The recovery will last for months, if not years, as Texas recovers from the first major storm to hit since Hurricane Ike in 2008. "We've participated in a lot of challenges on the internet". I think people are in bad shape and they need help . For starters, find out if the charity or fundraiser must be registered in your state by contacting the National Association of State Charity Officials .

Markets Featured Stock: Marathon Petroleum Corporation (MPC)
Author: 0 Featured Stock: Marathon Petroleum Corporation (MPC)

CDW Corporation (CDW) has a market cap of $9.51 billion and over the last 12 months, CDW Corporation (NASDAQ:CDW) has gone stronger by 38.63%. Its down 0.01, from 1.09 in 2016Q3. Ameritas Invest Partners, Nebraska-based fund reported 20,256 shares. United States Steel & Carnegie Pension Fund owns 1.54 million shares or 1.58% of their USA portfolio.

Markets #WebExtra: Couple Visits Every Cracker Barrel Location
Author: 0 #WebExtra: Couple Visits Every Cracker Barrel Location

That's because the Cracker Barrel visit marked not only Ray's 81st birthday, but the couple's completion of "something no one had knowingly ever done before", per USA Today . "It took the boredom out of the job on the highway". He said he'd stop at Cracker Barrel restaurants because he liked the food and it was a familiar and comfortable place to take a break.

Markets Forecasters: Alabama to feel effects of Harvey
Author: 0 Forecasters: Alabama to feel effects of Harvey

The aforementioned weekend looks to start out nicely. It will bring heavy rain along the North Carolina coast, along with wind gusts between 30-40 miles per hour. kickoff on WABM, MY68). Forecasters said they are predicting a higher likelihood of an above-normal Atlantic hurricane season, saying the season has the potential to be "extremely active" and could be the most active since 2010 when there were 19 tropical storms including 12 hurricanes.

Markets Finish Line Is Only the Start of Nike's Problems
Author: 0 Finish Line Is Only the Start of Nike's Problems

Zurcher Kantonalbank (Zurich Cantonalbank) owns 1,359 shares. Also Monday, the company announced it has adopted a shareholder rights plan that it says will reduce the likelihood that any person or group would gain control of The Finish Line through what it calls open market accumulation or coercive takeover tactics.

Markets Arnold Schwarzenegger to front FCA's ad campaign on PPI deadline
Author: 0 Arnold Schwarzenegger to front FCA's ad campaign on PPI deadline

This comes as Which? urges people to avoid paying a fee to claims companies to help with making a claim. An animatronic model of The Terminator star and former governor of California's head features in the awareness adverts - paid for by the financial services firms with the worst complaint record for PPI.

Markets Lower Prices at Whole Foods Could Affect You
Author: 0 Lower Prices at Whole Foods Could Affect You

The price cuts weren't the only sign of Amazon's ownership present, either. "It's been out mission for 39 years at Whole Foods Market to bring the highest quality food to our customers", said John Mackey, CEO and co-founder of Whole Foods Market.

Markets Best Buy Jumps On Q2 Beat-And-Raise Report
Author: 0 Best Buy Jumps On Q2 Beat-And-Raise Report

Piper Jaffray Companies reissued a buy rating and issued a $70.00 price objective on shares of Best Buy Co.in a report on Wednesday, August 23rd. Excluding one-time charges, the company earned 69 cents per share . IL increased its position in Best Buy Co., Inc. That was better than the 63 cents per share that analysts surveyed by Zacks Investment Research were calling for.

Markets Uber removes app's feature that tracks passengers after trip
Author: 0 Uber removes app's feature that tracks passengers after trip

According to reports from Reuters , the security chief of Uber technologies told that the application is having a criticized feature that allowed it to track the riders for up to 5 minutes after a trip. Joe Sullivan and his team of about 500 are working continuously to increase customer privacy at Uber since he joined in 2015. The provides drivers with free coverage for accidental death and disablement, hospitalization, and outpatient medical treatment in case of an accident while online on ...