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India the most corrupt nation in Asia, study finds

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The Transparency International talked to more than 20,000 people in 16 countries, regions and territories in Asia Pacific and found that "more than one in four people have paid a bribe when using a public service". Further, the report describes Pakistan as: "In Pakistan, about three-fourths of respondents perceive most or all of the police to be corrupt". When asked about the change in the situation, people sounded dejected when it comes to wiping out bribery from the nation. Read More »

Modi Cabinet reshuffle: Kerala's Alphons Kannanthanam sworn in Minister of State

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Leader of the opposition Ramesh Chennithala said that he was happy about his friend becoming the minister, recalling the rapport they shared from the time when he was the Kottayam MP and Kannanthanam the district collector. Ministerial post is the reward to his stands. Finance Minister Arun Jaitley is at present holding the additional charge of defence and he has already given an indication of relieving the charge. Read More »

The Parkwood LLC Decreases Stake in Philip Morris International Inc (PM)

About 69,519 shares traded. Philip Morris International Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Chairman Camilleri Louis C has sold 60,000 shares of Philip Morris International Inc. (NYSE:PM) for 58,431 shares. The Virginia-based Bb&T Ltd Llc has invested 0.6% in Philip Morris International Inc. (NYSE:PM). State Of Tennessee Treasury Department stated it has 0.29% in Philip Morris International Inc. Read More »

Payne would like another baby before marrying Cheryl

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Liam continued: "The options are definitely open for me on having another baby". Dun-dun-dun!" He added: "Bear is the best creation I've ever made so I welcome the idea completely. Meanwhile, in other news, Liam said that writing a song for Cheryl's upcoming album "would be the ultimate romantic gift" as he is "inspired by those you love and the things that have happened to you". Read More »

Retail US gasoline prices surge as refineries warn of shortages after Harvey

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The Colonial Pipeline , which can ship 1.3M bbl/day of gasoline on its Line 1 from Houston to Linden, N.J., says deliveries will be "intermittent and dependent on refinery supply". Colonial said of the 26 refineries that connect to its system, 13 are located in the Houston area, which has experience massive flooding. And gas prices have spiked. Read More »

Active Volume Stock: Fossil Group, Inc. (FOSL)

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ValuEngine upgraded Fossil Group from a "hold" rating to a "buy" rating in a report on Thursday, July 13th. The stock rose 0.74% or $0.06 reaching $8.7 per share. Fjarde Ap invested in 0.07% or 26,249 shares. (NYSE:EFX). First Finance Corp In holds 0.01% or 130 shares in its portfolio. COPYRIGHT VIOLATION WARNING: "Jennison Associates LLC Has $507,000 Stake in Fossil Group, Inc ". Read More »

Colonial Pipeline Will Temporarily Shutdown Due To Hurricane Harvey

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The WSJ also said that Mansfield Oil, a nationwide fuel wholesaler based in Gainesville, Ga., was reporting limited fuel supply in Austin as well as areas as far away as Atlanta. Colonial shut down its line supplying jet fuel and diesel on Wednesday. The closures rattled global fuel markets, and European and Asian traders diverted millions of barrels of gasoline and diesel to the Americas to help fill the gap. Read More »

Energy chief taps emergency oil reserve in wake of Harvey

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USA crude production continues to stall following the storm. Still, Delaware gas price average, as of August 30, was up to $2.30 per gallon, up five cents overnight and nine cents on the week (since August 23). Motiva said Monday that operations at the plant were "stable". Motorists in Texas have been encountering increasing numbers of "No Gas" signs when they try to fill up, evidence of the battering Hurricane Harvey delivered to the Gulf Coast's huge energy complex. Read More »

US Taps 4.5 Million Barrels Of Oil From Strategic Reserve After Harvey

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In refined products, price movement was more dramatic and extended gains after sources on Wednesday said Total's Port Arthur, Texas, refinery was shut by a power outage resulting from the storm. Several refining and shipping sources said that U.S. traders were seeking oil product cargoes from North Asia in order to avoid fuel shortage. That meant at least 3.65 million barrels per day (bpd) of refining capacity was offline, or 19.6 percent of total USA capacity, based on company reports ... Read More »

Storm surge: AAA already seeing pump prices spike from Harvey

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In cash trading, the spread between Gulf Coast gasoline prices and benchmark futures rallied further, a day after hitting a five-year high in anticipation of constrained supply. "We've always experienced some of the most expensive gas prices". It joins more than a dozen other plants in Texas with combined capacity of more than 4 million barrels a day that have slowed production since Harvey approached the coast late last week. Read More »

Gas Prices Surge Higher As Drivers Rush To Fill Their Tanks

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Meanwhile, the average price of regular unleaded gas in IN going into Labor Day is $2.52 - up from $2.36 at the beginning of August and $2.27 at the same time past year, AAA reports. "There is enough gas out there", DeHaan said. "It's just a matter of getting it to the right places before motorists panic". The Colonial Pipeline is a major fuel supplier to the East Coast which originates in Texas. Read More »

Dollar gains on bets European Central Bank could weaken euro, strong U.S. data

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The dollar also gained after the Commerce Department said its second estimate of US gross domestic product showed that it increased at a 3.0 percent annual rate in the second quarter, its quickest pace in more than two years. The dollar index, which measures the greenback against a basket of six major currencies, was last up 0.7 percent at 92.879.DXY after temporarily hitting a more than 2-1/2-year low of 91.621 Tuesday. Read More »

Gas Prices Jump Amid Storm-Related Refinery Closures

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Meanwhile, the head of the Texas agency that regulates the oil and gas industry is urging people to wait three or four days to fill their cars and trucks with gasoline if they can. A week ago, the average was $2.19; a month ago, the average price was $2.16. But there is a huge bright spot: Texas natural gas abundance, durability and usability. Read More »

Mourinho to play in charity game; jokingly values himself

Though "The Special One" did convert from the spot, he failed to save any of the five penalties he faced - with Olly Murs, the man who he tripped over in a memorable charity match moment a couple of years back, notching the victor. Mourinho revealed to be "bored" about questions on the transfer window but made a amusing joke when he was what his price-tag would be in the current transfer market: " One pound more than Neymar ", the Special One brilliantly replied. Read More »

Lower supply, increased demand prompts gas price jump

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The agency is looking into nine cases so far but expects more, according to CNN, and gas is far from the only issue. Gas is in short supply in Texas after Hurricane Harvey caused massive flooding across the southeast part of the state. Read More »

Gas Prices Spiking Across Area

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Refineries and pipelines along the Gulf Coast supply 30 percent of the fuel for the USA, which could mean rising prices will continue in the coming weeks. Harvey is "reducing flow from pipelines as well as shutting down some refineries, which is in turn tightening gasoline supplies". At least two major pipelines - one that ships gasoline across the southern United States and to NY, and another that flows north to Chicago - have been slowed or stopped because of flooding. Read More »

The Kraft Heinz Company (NASDAQ:KHC) Sees Significantly Higher Trading Volume

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Blue Ridge Capital L.L.C. owned 0.14% of The Kraft Heinz worth $151,199,000 at the end of the most recent reporting period. Other hedge funds also recently made changes to their positions in the company. The Kraft Heinz Company has a beta of 1.64, offering the possibility of a higher rate of return, but also posing more risk. The company recently declared a dividend to be paid on Friday the 15th of September 2017. Read More »

What's Next for NXP Semiconductors NV (NXPI) After Forming Wedge Up Pattern?

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The stock increased 0.73% or $0.25 on September 1, reaching $34.57. About 12 shares traded. NXP Semiconductors NV (NASDAQ: NXPI ) has risen 24.67% since September 2, 2016 and is uptrending. (NASDAQ:NVDQ) earned "Outperform" rating by RBC Capital Markets on Wednesday, January 11. Topeka Capital Markets maintained NXP Semiconductors NV (NASDAQ:NXPI) rating on Friday, February 5. Read More »

The SBA Communications Corporation (SBAC) Price Target Raised to $168.00

When the shortest-term moving average (10-day in this case) moves above any other moving average (50-day in this case), momentum is climbing. Sempra Energy (NYSE:SRE) has risen 8.27% since August 31, 2016 and is uptrending. It's the most up-to-date valuation until trading begins again on the next day. Creative Planning boosted its stake in SBA Communications Corporation by 40.7% in the second quarter. Read More »

The Molson Coors Brewing (TAP) Receives Media Sentiment Score of 0.10

Sii Investments Inc acquired 8,287 shares as Paychex Inc (PAYX)'s stock declined 2.74%. Paychex, Inc. (NASDAQ:PAYX) has risen 11.22% since September 1, 2016 and is uptrending. Carroll Assoc reported 5,447 shares or 0.11% of all its holdings. Moreover, Bancorp Of America De has 0.13% invested in Morgan Stanley (NYSE:MS). The Oregon-based Ims Capital Mgmt has invested 1.46% in Paychex, Inc. Read More »

Majority of Harvey Losses Uninsured

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Some may be forced to sell, if they can, and leave their communities. Critics have said the program provides a misguided tax subsidy to coastal and river valley property owners, encouraging development in flood-prone, often environmentally sensitive areas such as wetlands. Read More »

Karen Clarke puts Harvey insured loss at $15bn

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The other way that property owners may have coverage, of course, is through flood insurance , which is typically provided by the federal government. It also slammed FEMA for leaving the federal flood insurance program - called the National Flood Insurance Program at "risk for fraud, waste, abuse, or mismanagement". Read More »

Check If You Need Flood Insurance

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This will help lift the burden off of property owners for determining their own flood risks, and will give more flexibility to the NFIP and private insurers to offer rates that accurately reflect the risk that a property faces. Copyright 2017 NPR. To see more , visit http://www.npr.org/. The Federal Flood Risk Management Standard was just such a prudent measure, a reasonable precaution to limit damages from future Harveys. Read More »

Check If You Need Flood Insurance

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This will help lift the burden off of property owners for determining their own flood risks, and will give more flexibility to the NFIP and private insurers to offer rates that accurately reflect the risk that a property faces. Copyright 2017 NPR. To see more , visit http://www.npr.org/. The Federal Flood Risk Management Standard was just such a prudent measure, a reasonable precaution to limit damages from future Harveys. Read More »

In Storm-Tossed Houston Area, Most Homeowners Lack Flood Insurance

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The primary reason that the nation's insurance companies are off the hook for the damage is that most of the destruction came from flooding, which is not normally covered by a standard home insurance policy. "It is insane that a delta country like the Netherlands doesn't", the association's spokesman Rudi Buis said. Bill Cassidy of Baton Rouge has a 10-year extension plan with some changes, but isn't overly optimistic things will change much. Read More »

Texas flood damage from Harvey may match Katrina: Insurance group

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And now you've got a new loan to pay off. On Friday, when it was too late for Houstonians to evacuate, meteorologists discovered that Harvey was severe enough to qualify as a Category 4 storm. Over the last decade, these groups have lobbied to phase out subsidies for flood insurance and institute other reforms. After Superstorm Sandy, people complained that their claims were often denied or short-changed. Read More »

Texas flood damage from Harvey may match Katrina: Insurance group

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And now you've got a new loan to pay off. On Friday, when it was too late for Houstonians to evacuate, meteorologists discovered that Harvey was severe enough to qualify as a Category 4 storm. Over the last decade, these groups have lobbied to phase out subsidies for flood insurance and institute other reforms. After Superstorm Sandy, people complained that their claims were often denied or short-changed. Read More »

Texas flood damage from Harvey may match Katrina: Insurance group

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And now you've got a new loan to pay off. On Friday, when it was too late for Houstonians to evacuate, meteorologists discovered that Harvey was severe enough to qualify as a Category 4 storm. Over the last decade, these groups have lobbied to phase out subsidies for flood insurance and institute other reforms. After Superstorm Sandy, people complained that their claims were often denied or short-changed. Read More »

Harvey devastation ups pressure on Congress to extend, fix flood insurance program

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He puts the onus on Congress to "step up and fund the flood insurance program". If Congress is unwilling to raise premiums, it ought to properly finance the subsidies. To combat that jump in lawsuits, the state legislature passed the bill - which applies not only to hail and windstorm claims, but also to earthquakes, wildfires, tornadoes, lightning, wind, snowstorms - and rainstorms, hurricanes and flooding. Read More »

Harvey devastation ups pressure on Congress to extend, fix flood insurance program

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He puts the onus on Congress to "step up and fund the flood insurance program". If Congress is unwilling to raise premiums, it ought to properly finance the subsidies. To combat that jump in lawsuits, the state legislature passed the bill - which applies not only to hail and windstorm claims, but also to earthquakes, wildfires, tornadoes, lightning, wind, snowstorms - and rainstorms, hurricanes and flooding. Read More »

Sen. Schumer Calls to Refund Flood Insurance Program

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Hurricane Harvey is an unprecedented flood event. That means people are likely to keep on building where they're at risk of flooding, and not buying insurance. "But the average amount these grants pay out historically is more like $5,000". "It's a bad disaster just on the facts you see when you look at TV or the pictures", says Bob Hunter of the Consumer Federation of America, a former Texas insurance commissioner. Read More »