Tuesday, 25 April 2017
Latest news
Home » Finance


Crude oil eases for second day on rising U.S. production

Official U.S. production and inventory data will be published later on Wednesday by the EIA. "We may see a series of rollovers until there is a better balance in the market". Navy strike group steamed toward the western Pacific. "The return of refineries from seasonal maintenance and healthy demand, together with the high conformity observed in OPEC and non-OPEC production adjustments, should enhance market stability and reduce the volatility seen in recent weeks", OPEC said in its ... Read More »

United Airlines' Corporate Clients Are Pushing for Customer Service Fixes


CEO Oscar Munoz said Tuesday that he takes full responsibility "for making this right ", and he promised more details later this month after United finishes a review of its policies on overbooked flights. Dao suffered a concussion, a broken nose and lost two teeth in the incident when Chicago aviation police dragged him off the flight, according to his lawyer Thomas Demetrio. Read More »

Eastern Bank Sells 432 Shares of Occidental Petroleum Co. (OXY)

Stocks with high EPS growth rates compared with year-ago levels suggest a company has products or services in strong demand. Oakworth Capital Inc. boosted its stake in shares of Occidental Petroleum by 4.9% in the third quarter. The legal version of this article can be accessed at https://www.com-unik.info/2017/04/17/eastern-bank-sells-432-shares-of-occidental-petroleum-co-oxy.html. Read More »

European Union sees Brexit negotiations after June election

According to The Telegraph , Senior Liberal Democrats have " confirmed " Mr. Blair "could" join forces with Lib Dem leader Tim Farron to campaign against Brexit at the 2017 general election. Corbyn, battling to control a party divided by his left wing agenda and win support from a public which is unsure of his political views and leadership ability, will seek to tap voters' frustration at the political establishment. Read More »

Drug Company Files Another Lawsuit Against Arkansas Over Use Of Execution Drugs

According to the report, Arkansas was set to carry out a string of executions in a short period of time - eight over 11 days - a number unseen in the modern era. Don William Davis would be dead by now if the state of Arkansas followed through on its plans. On Monday, the Arkansas Supreme Court reassigned the cases overseen by Judge Griffen after he took part in anti-death penalty demonstrations that same week. Read More »

BP races to shut Alaska North Slope well after finding a leak

BP Exploration Alaska (BPXA) employees discovered an uncontrolled gas release from the top of a well house on Friday morning. A second leak at the well was emitting gas at a reduced rate, according to a statement Sunday by the state's Department of Environmental Conservation. Read More »

NewsAlert: Canada's Gushue wins gold


Switzerland broke open a 3-2 game in the seventh end with four points to get past the USA men, who finish fourth a year after taking third at worlds. "We've shown that we had a pretty good week", Gushue said. Edin, a two-time world champion, got another crack at Gushue after beating Switzerland's Peter de Cruz in the semifinal a day earlier. Canada shot 91 per cent as a team to 87 per cent for Sweden. Read More »

Hartford Financial Services Group Inc

Franklin Resources Inc. now owns 3,464,763 shares of the company's stock valued at $165,096,000 after buying an additional 2,147,088 shares in the last quarter. Macquarie Upgrade its coverage for The PNC Financial Services Group, Inc. A number of equities research analysts have commented on the company. 08/11/2016 - Hartford Financial Services Group, Inc. Read More »

USA defends 'Mother Of All Bombs' attack as 'tactical'


He called it a "strong position", with troops attacking it four times without advancing, adding that the complex "was full of mines". "So we have incredible leaders of the military and incredible military, and we are very proud of them, and this was another very very successful mission", Trump said. Read More »

That 'Armada' Heading To North Korea? Actually, It Sailed South

A strike group headed by the aircraft carrier the USS Carl Vinson is still thousands of kilometres from the Korean peninsula, according to the latest photographs issued by the US Navy, amid concerns over a possible US military strike against North Korea's nuclear programme. Read More »

Bill O'Reilly Ousted At Fox News Channel

Fox News Channel's parent company fired Bill O'Reilly on Wednesday following an investigation into harassment allegations, bringing a stunning end to cable news' most popular program and one that came to define the bravado of his network over 20 years. Read More »

United Airlines won't fire anyone over manhandled passenger

Delta, the first major US airline to report last week, posted a 0.5% decline in fares. Blumenthal, a Democrat from CT and frequent critic of the airline industry, called the removal of United flight 3411 passenger David Dao by Chicago airport police "brutal and shocking". Read More »

Airlines poke fun at United fiasco in amusing ads


Of course, it's good for some passengers, too: Of the 475,000 people who were bumped off flights on the 12 largest airlines previous year, 91% did it voluntarily, agreeing to take cash or a travel voucher and a seat on a later departure. Fellow passengers captured footage of the officers seemingly slamming Dao against an armrest before dragging him along the floor down the aisle and off the plane. Read More »

The IMF is upbeat on the Australian economy


Despite the upgrade for 2017, the International Monetary Fund said the medium-term growth prospects for the United Kingdom had diminished due the Brexit effect. Euro area growth forecast for this year was increased to 1.7% from 1.5% and the projection for next year was retained at 1.6%. "Acceleration will be broad based across advanced, emerging, and low income economies, building on gains we have seen in both manufacturing and trade", Obstfeld said. Read More »

Trump takes aim at H-1B visa program

Trump went to Kenosha, Wisconsin, on Tuesday where he signed an order dubbed "Buy American, Hire American", ordering the Labour, Justice and Homeland Security Departments to propose reforms to the visa programme to prevent immigration fraud and abuse. Read More »

BP plc 32.4% Potential Upside Indicated by Barclays Capital

The stock decreased 0.93% or $0.16 during the last trading session, reaching $17.01. About 4.21M shares traded. It has underperformed by 2.42% the S&P500. BNP Paribas maintained Tesco PLC (LON:TSCO) rating on Thursday, September 29. The firm earned "Hold" rating on Thursday, March 30 by Berenberg. The stock has "Hold" rating by Jefferies on Wednesday, October 19. Read More »

United finally apologises, vows review of airline's practices


Meanwhile, attorneys for Dao called a news conference for Thursday morning after filing an emergency "bill of discovery," seeking the airline's documentation of Sunday's confrontation, including all surveillance videos, cockpit voice recordings, passenger and crew lists, and incident reports. Read More »

Nintendo Unveils New Wii Boxing-Style Game for Switch Called Arms

CNNTech writes that Nintendo Switch sold over 906,000 units in the first month of launch in the USA alone. That means Nintendo sold more copies of Breath of the Wild for the Switch than it sold of the Switch console itself. Nintendo will continue to support the Switch with a steady stream of releases over the next couple of months. Mario Kart 8 Deluxe , Arms , Splatoon 2 , Xenoblade Chronicles 2 and Super Mario Odyssey are all slated to launch this year, which should result in some ... Read More »

Bruins defenseman Colin Miller expected to play in Game 4

This time Bruins rallied from a 3-0 deficit with three goals in second period, tying the game on a power play goal by David Pastrnak . Noel Acciari , David Backes and David Pastrnak answered for the Bruins in their second straight three-goal second period. Read More »

Back to the ballot box: UK lawmakers back June 8 election

May had for months ruled out an early election, but switched tack Tuesday saying it was needed for "certainty and stability" ahead of the Brexit negotiations. In the case of the UK, May is hoping to cash in on increased voter support for her Conservative Party and to solidify her position through an election to strengthen the negotiations of Brexit, the UK's departure from the European Union (EU). Read More »

Oil edges down after expected climb in US output


Leading non-OPEC suppliers included Russian Federation (14% of total imports), Oman (9%), and Brazil (5%). Output from the Permian play, the country's largest shale region, was expected to reach a record 2.36 million bpd. As a result, March's global oil supply fell, according to the International Energy Agency. Regarding new technical capabilities in the oil and gas sector, the worldwide financier said "annual oil demand growth, commonly projected at about 1.2 mbd, will be met by ... Read More »

Japan's Abe calls for 'peaceable' resolution on North Korea

The US and South Korea have activated the Terminal High Altitude Area Defence system, which is capable of intercepting incoming warheads from North Korea. A sales manager for a Sinotruck dealer, Zhongnanhai, said the company exports about 1,000 trucks to North Korea every year under contracts that specify the vehicles are designed and manufactured for civilian use. Read More »

Amazon will force Australian retailers to lift their game


The announcement by the global e-commerce giant also heralds a tough period for Australian retailers with one Harvey Norman executive telling ChannelNews that this is now "make or break time for retailers". The warning, published in the Australian , came before Thursday's announcement. Its arrival in Australia is imminent and it's actively inviting retailers and brands to sign up as partners to sell goods on its Marketplace platform. Read More »

Trump enters US-Canada milk fight with threat to end NAFTA


The governors say Canada's actions could cost the USA economy hundreds of millions of dollars. "With our growing concern that even more of our milk producers and our processors will be affected, I urge the federal government to call on Canada to reconsider these harmful regulations and continue our courteous, mutually beneficial trade relations", Cuomo said in a statement. Read More »

Amber Heard ready to wed?


The "Danish Girl" actress - who divorced Johnny Depp a year ago amid allegations he had been abusive - is "very serious" about the billionaire businessman and her father David insists they are keen to settle down together. However, it seems that Amber and the Tesla boss are not quite as far along as Dad has stated. "She was telling friends over Christmas how smitten she is with Elon". Read More »

Is Plug Power Inc. (PLUG) Buy Now?


The company reported revenue of $51.57 Million in the same period a year ago. Plug Power Inc. P/E ( price to earnings) ratio is 0 and Forward P/E ratio of 0. with MarketBeat.com's FREE daily email newsletter . The number of shares now owned by investors are 245.49 mln. Finally, Teachers Advisors LLC raised its stake in Plug Power by 1.8% in the fourth quarter. Read More »

Maxim Group Reaffirms "Buy" Rating for eBay Inc (EBAY)


Earnings per share (EPS) breaks down the profitability of the company on a single share basis, and for eBay Inc. the EPS stands at 0.54 for the previous quarter, while the analysts predicted the EPS of the stock to be 0.54, suggesting the stock fell short of the analysts' expectations. Read More »

Oil prices dip on bloated USA market, mixed Saudi signals


Meanwhile, OPEC Secretary General Mohammad Sanusi Barkindo said the cartel is confident that production cuts agreed with non-members to prop up prices will lead to a recovery in the market. The group agreed to let Iran pump an additional 90,000 barrels a day to reach output of about 3.8 million as the country recovers from sanctions. Eleven non-OPEC countries also participated in the cuts the first time around, and are expected to participate in the extension. Read More »

Pence tells Japan: 'We are with you 100 percent'


Pence's meeting in Seoul with business leaders comes before he heads to Tokyo later on Tuesday, where he will meet Japan's Finance Minister Taro Aso and kick off talks that Washington hopes will open doors for US -made products. China has close economic ties with North Korea, despite United Nations sanctions, which is why U.S. President Donald Trump went out of his way to woo the Chinese leader, Xi Jinping, in recent weeks. Read More »

No one to be fired over forcible removal of passenger


Dr. David Dao, the 69-year-old Vietnamese-American doctor who was seen in video being dragged off a United flight a week ago, will likely sue the airline, his attorney said on Thursday. Limited competition at many major airports could blunt any nascent boycott of United. According to the couple, who said they were en route to get married, a federal marshal had escorted them from the plane before take-off from Houston, Texas, but United denied this on Sunday, saying in a statement that ... Read More »

Toronto stock index weighed down by gold and oil


At 11:11 a.m. ET, the Toronto Stock Exchange's S&P/TSX composite index was little changed, edging 1.88 points lower, to 15,620.69, reversing gains earlier in the morning session. "Energy has been a drag in Canada, mainly on concerns around increased US production out of the USA shale names and some uncertainty around the OPEC decision in May", said Ali. Read More »