Business

Marathon Oil Corporation (NYSE:MRO) showed P/E ratio of 0

Marathon Oil Corporation (NYSE:MRO) showed P/E ratio of 0 Chase acquired 1,905 shares of Anadarko Petroleum stock in a transaction dated Thursday, May 18th. It has outperformed by 4.63% the S&P500. LLC increased its stake in shares of Marathon Oil by 0.8% in the first quarter. Therefore 58% are positive. Anadarko Petroleum Corporation had 70 analyst reports since July 21, 2015 according to SRatingsIntel. The stock has "Neutral" rating by JP Morgan on Fri... [Full Article...]

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

Ex-Senate staffer: Hall of Fame pitcher Jim Bunning has died According to Bunning's family, he died shortly before midnight Friday. Bunning's death was confirmed by Jon Deuser , who served as chief of staff when Bunning, who was from Kentucky, was in the Senate. In 1996, the Baseball Writers' Association veterans committee voted him into the Hall of Fame. Jim Bunning, R-Ky. speaks on Capitol Hill in Washington. [Full Article...]

Calmer conditions with a nice weekend ahead

Memorial Day Weekend is upon us! Temperatures are climbing into the lower to mid-70s with mostly sunny skies. Sunday will also be fairly seasonable with highs in the low to mid 70s, but it will be cloudier from start to finish. Monday , the sun will finally peek out the clouds a bit, and at most one or two isolated, quick showers will pop off. North wind 5 to 7 miles per hour becoming calm ... [Full Article...]

Wall Street closes at record; crude falls 5 percent

Wall Street closes at record; crude falls 5 percent For the week, Brent oil futures were 2.7 per cent lower and WTI declined 1.1 per cent. Although many investors expected that the oil cartel will deepen the amount of supply cuts to rebalance the market. "OPEC agreeing to nine months without deeper cuts leaves prices at the mercy of inventories and USA production and demand", said Greg McKenna, chief market strategist at futures brokerage AxiTrad... [Full Article...]

Pak hikes defence budget by 7 percent, allocates funds for CPEC projects

Pak hikes defence budget by 7 percent, allocates funds for CPEC projects The Minsiter said that steps are being taken to increase exports and the government has already announced incentives of 180 billion rupees for exporters to encourage them. Economists observe that Pakistan is relying heavily on a $51 billion China-Pakistan Economic Corridor (CPEC) project, which according to both countries, would turn out to be a game-changer in boosting the two economies. [Full Article...]

How Many Ford Motor Company (NYSE:F)'s Analysts Are Bullish?

How Many Ford Motor Company (NYSE:F)'s Analysts Are Bullish? The company has market cap of $4.81 billion. 32,431,694 shares of the company traded hands. Korea stated it has 1.98M shares. The stock decreased 0.50% or $0.05 during the last trading session, reaching $11.05. On Friday, February 10 the stock rating was upgraded by Jefferies to "Hold". The firm has "Overweight" rating by Piper Jaffray given on Friday, June 10. [Full Article...]

OPEC set to prolong oil cuts as delegates predict smooth meeting

A release of half over 10 years averages about 95,000 barrels per day (bpd), or 1 percent of current US output. Most importantly, analysts at Julius Baer reminds that the additional 300 drilling rigs active mostly across United States shale basins since late last November have yet to fully show their production impact. [Full Article...]

Chinese shares post gains despite Moody's downgrade

Chinese shares post gains despite Moody's downgrade Mei Xinyu, a researcher at China's Ministry of Commerce, wrote in a front page editorial of the paper's overseas edition the downgrade, Moody's first for China since 1989, overstated China's reliance on stimulus and the country's debt levels. [Full Article...]

Tyman PLC (TYMN) Rating Reiterated by Berenberg Bank

The SI to Parkervision Incorporated's float is 22.27%. About 20,695 shares traded. Among 5 analysts covering Wilmington Group PLC ( LON:WIL ), 5 have Buy rating, 0 Sell and 0 Hold. Panmure Gordon upgraded Whitbread plc (LON:WTB) rating on Thursday, March 31. Stockholders of record on Thursday, April 6th were given a dividend of €0.05 ($0.06) per share. [Full Article...]

North Korea says ready to deploy, mass-produce new missile

North Korea says ready to deploy, mass-produce new missile The official Korean Central News Agency said Monday morning that the military had tested a medium-to-long range ballistic missile called the Pukguksong-2. It said the test would have provided more "meaningful data" for North Korea's missile programme, but further analysis was necessary to determine whether Pyongyang had mastered the technology needed to stop the warhead burning upon re-ent... [Full Article...]

Camden American Legion announces Memorial Day events

Camden American Legion announces Memorial Day events It includes award-winning string bands, the popular kid's bike brigade, and various military veteran groups. On Monday, Hampstead's American Legion Post 200, 4600 Legion Lane, will host services at 9 a.m. Buckbee Center, located at 2 Colonial Ave.in Warwick. The event, "A Flag for Every Hero", will begin promptly at 8 a.m. and concludes at 11 a.m. Information: 951-640-3935. [Full Article...]

Lexington Realty Trust (NYSE:LXP) Buckles Under The Trend Lines

SL Green Realty Corp .is a self-managed real estate investment trust, with in-house capabilities in property management, acquisitions and dispositions, financing, development and redevelopment, construction and leasing. The firm's 50-day moving average is $27.81 and its 200 day moving average is $26.18. Duke Realty Corp has a 52 week low of $22.64 and a 52 week high of $28.99. [Full Article...]

Wall St. higher at open; Fed minutes awaited

USA stocks extended gains on Wednesday, with the S&P 500 posting a new closing record, as Wall Street meditated on the Federal Reserve's minutes released in the afternoon. "It won't lift the rate structure much", he said. S&P 500 e-minis were up 0.5 points, or 0.02 percent, with 91,965 contracts traded. Stovall believes it is likely the Fed will raise rates at its June 13-14 meeting, but... [Full Article...]

Marks & Spencer's pre-tax profits slump as Q4 clothing sales drop

Marks & Spencer's pre-tax profits slump as Q4 clothing sales drop Excluding one-off costs , M&S' pretax profit was down 10.3% to £613.8m. Only a year ago, Marks & Spencer cut about 10 % of its Clothing & Home collection and it wants to continue its collection restructuring plan, albeit with fewer discounts. [Full Article...]

More than 1M Virginians expected to travel over Memorial Day

More than 1M Virginians expected to travel over Memorial Day North Carolina's travel industry saw its highest receipts ever a year ago, with visitors spending hitting $22.9 billion, a 4.3 percent increase from 2015, according to Anthony M. AAA's projection represents a 2.7 percent increase over last year - the third consecutive year of growth. Police cruisers, DUI Command Vehicles, motorcycles, K-9 units, and helicopters are among the life-saving equipment ... [Full Article...]

Drilling Down into The Technicals On Navios Maritime Acquisition Corporation (NYSE:NNA)

Analysts expect Fenix Parts Inc (NASDAQ:FENX) to report $-0.01 EPS on June, 27. During the same period in the prior year, the business posted ($0.30) EPS. Finally, JPMorgan Chase & Co. raised its position in shares of Navios Maritime Partners L.P.by 29.6% in the third quarter. Renaissance Technologies LLC now owns 1,748,802 shares of the shipping company's stock valued at $2,466,000 after buying a... [Full Article...]

Snap Inc. loses $2.2B in first quarter as public company

Snap Inc. loses $2.2B in first quarter as public company Its stock fell as much as 25% in after hours trading Wednesday, erasing almost all the gains since it went public at $17 a share. Investors were expecting the company to report 16 cents loss per share on revenue, but the company reported $2.31 per share. [Full Article...]

Current Movers: AK Steel Holding Corporation (AKS), Chesapeake Energy Corporation (CHK)

Current Movers: AK Steel Holding Corporation (AKS), Chesapeake Energy Corporation (CHK) Cerner Corporation (NASDAQ:CERN) has risen 19.54% since May 23, 2016 and is uptrending. United States Steel (NYSE:X) last announced its quarterly earnings data on Tuesday, April 25th. Zurcher Kantonalbank (Zurich Cantonalbank) reported 9,367 shares stake. Pacer Advisors Inc.'s holdings in United States Steel were worth $822,000 as of its most recent filing with the SEC. [Full Article...]

What Are Analysts Suggestions On QUALCOMM Incorporated (QCOM)

What Are Analysts Suggestions On QUALCOMM Incorporated (QCOM) In other news, EVP James H. Thompson sold 25,000 shares of the stock in a transaction that occurred on Friday, April 21st. NIBLOCK ROBERT A sold $36.24 million worth of Lowe's Companies, Inc. Therefore 42% are positive. Qualcomm Inc . had 74 analyst reports since July 23, 2015 according to SRatingsIntel. The original version of this news story can be viewed at https://www.com-unik.info/2017/05/22... [Full Article...]

Acosta declines to extend delay of DOL fiduciary rule

Acosta declines to extend delay of DOL fiduciary rule The regulation, which was more than six years in the making, is meant to help cut down on conflicts of interest in retirement advice. As the debate over extending this standard to the realm of retirement products began to go public, many of them have spoken out, saying that they could see no reason why being obliged to put their clients' interests ahead of their own when selling them financial pro... [Full Article...]


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