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US Drilling Growth Shows First Signs of Cooling Off at $50 Oil

Oil prices tumbled on Friday, on track for the biggest weekly drop in a month on renewed concerns that increasing US production and high inventories will thwart OPEC's attempts to reduce the global crude glut. Goldman Sachs Group Inc. said there's no fundamental evidence in the oil market to justify the slide, which was driven by technical indicators. "As we see now the situation is gradually improving from the beginning of March", said Novak. Read More »

Associated British Foods plc 11.7% Potential Upside Indicated by Liberum Capital

About shares traded. Axon Enterprise Inc (NASDAQ:AAXN) has declined 5.62% since September 16, 2016 and is downtrending. It has underperformed by 19.02% the S&P500. The Company's business focuses on supplying equipment and services to the fit-out, maintain and operate sectors of the market, with its businesses also supplying construction contractors. Read More »

Macron campaign says it fought off cyberespionage attempts

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Leading French media and U.S. television network CNN have picked up on a sensational new "discovery" by Tokyo-based cybersecurity firm Trend Micro , which found that unknown hackers had set up several fake web domain names similar to those of the Macron campaign, in an effort to trick Macron campaign workers into compromising their email accounts using a trick known as phishing . Read More »

Limbaugh Is 'Not Happy' About Trump 'Caving' On Border Wall

Now that Trump's credibility is on the line, maybe we'll get that shutdown after all. Pressed repeatedly on Monday about whether Trump would sign off on a budget that leaves out funding for the border wall , White House press secretary Sean Spicer demurred. Read More »

West Ham FC offices raided in tax probe

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Newcastle United fans were understandably anxious by the breaking news emerging on Wednesday morning. The HMRC representative added that a number of men working in professional football had been arrested in relation to suspected National Insurance and income tax fraud. Read More »

If Chaffetz resigns, Utah would hold special election

Republican Rep. Jason Chaffetz, who heads the House Oversight Committee, will not run for reelection in 2018. "After long consultation with my family and prayerful consideration, I have decided I will not be a candidate for any office in 2018", Chaffetz said in a Facebook post. Read More »

Price Of Crude Oil Dips On Supply Glut Concerns

Crude inventories fell 1.03 million bbl to 532.3 million last week, the agency reported Wednesday. Moreover, oil prices were under pressure as a stronger US dollar dented investor sentiment, which made the dollar-denominated oil less attractive for holders of other currencies. Read More »

Zinc Media Group Plc (ZIN.L) Scrambling Higher in Session

JP Morgan maintained the stock with "Overweight" rating in Wednesday, April 20 report. The firm earned "Neutral" rating on Wednesday, December 2 by Mizuho. The stock of Fenner plc (LON:FENR) earned "Buy" rating by FinnCap on Friday, January 6. In other news, insider Robin Klein sold 100,000 shares of the company's stock in a transaction on Wednesday, March 8th. Read More »

Marine Le Pen's FN party calls EU flag 'oligarchic rag'

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Marine Le Pen could come top or come fourth and crash out - right now it's a battle to survive for the far-right candidate. Some ultra-left demonstrators hurled projectiles and firecrackers at police, prompting them to respond by firing tear gas canisters and to arrest at least four protesters. Read More »

Oil prices claw back losses, but oversupply still weighs

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Phil Flynn, a senior market analyst for the PRICE Futures Group in Chicago, said in a daily newsletter that oil is struggling to find direction in early trading after a week of steep losses. But IEA data on the 35 Organisation for Economic Cooperation and Development (OECD) countries paints a more bearish picture. In February, inventories declined by 8 million barrels and in March, it declined by 22 million barrels but the level of inventory is still at 3.05 billion barrels, which is a ... Read More »

Stock'S Earning Overview Globalstar Inc. (GSAT)

Relative strength index (RSI-14) for Globalstar, Inc. (GSAT) is at 58.28. This is the price at which the trader or investor wants to exit his existing position so he can realize the most reward. Current levels places Globalstar, Inc. XPO Logistics, Inc. (XPO) exchanged hands at an unexpectedly high level of 1.28 million shares over the course of the day. Read More »

France's president warns of complacency over Le Pen

Why is a Macron victory so reassuring, even though in common with Le Pen he is an outsider not standing for one of the two main parties? Marine Le Pen launched moves to clean the National Front's image of xenophobic associations in the run-up to the campaign for the 2017 presidency. Read More »

Federal Judge Blocks Trump's Sanctuary Cities Order

San Francisco and Santa Clara County's lawsuits are likely to succeed, the judge wrote as he granted a preliminary nationwide injunction halting Trump's order. The admissions suggested that the Trump administration has done little so far to translate months of threatening words from the president and Attorney General Jeff Sessions into a real anti-sanctuary policy. Read More »

US Gasoline Inventories Rose for the First Time in 9 Weeks

What this tells investors is that the current price level of $50-$55 is sufficient for the USA upstream players to keep their operations running while pouring more money to advance their technology, he noted. The same report also mentioned that Iranian oil minister Bijan Zanganeh said that most oil producers support an extension of output cuts by OPEC and non-OPEC countries including Iran. Read More »

Oil markets remain cautious on record supplies

Russian Federation has cut 250,000 bpd of its crude oil output, with another 50,000 bpd to go as per its agreement with OPEC, Energy Minister Alexander Novak told media today, adding that the other 50,000 bpd will be cut by the end of the month. Read More »

Nasdaq breaches 6000 mark for first time ever

The Dow Jones Industrial Average was up 232.23 points, or 1.12 percent, to 20,996.12. The gains came on the heels of a strong session in global equity markets Monday, when the Nasdaq finished at an all-time high and markets in Europe won large gains after centrist candidate Emmanuel Macron turned in a strong performance in the first round of the French presidential election, and appears favored to win the May 7 runoff. Read More »

Netflix subscriber growth misses its mark in Q1

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Sequentially U.S. subscription additions of 1.42 million was far below fourth-quarter additions of 1.93 million and even further below additions of 2.23 million in the first quarter of previous year. More than half of Netflix's total subscriber count hails from the United States, but it's expected that majority of the total subscribers will be from overseas by the end of 2017. Read More »

US sets up missile defence in S. Korea as North shows power

A U.S. submarine has arrived in South Korea, amid worries of another North Korean missile or nuclear test. Lee Duk-haeng of South Korea's Unification Ministry said the drill seemed planned to inspire confidence in the North's army. "A conflict on the peninsula would be unlike anything we have seen in decades", Kelly Magsamen, a former senior USA defense official, said. "North Korea is a big world problem, and it's a problem we have to finally solve". Read More »

Investor Lookout: Technical Indicator Watch for Banco Santander S.A. (BNC.L)

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The relative volume ( ratio between current volume and 3-month average) is presently sitting at 1.86. Sell-side analysts have also provided a consensus recommendation of 4.00 on company shares. Banco Santander (Brasil) S.A. (BSBR) is now showing its ROA (Return on Assets) of 1.2%. The bigger the return, the more efficient management is in utilizing its asset base. Read More »

Trump tax plan may produce some short-term budget issues -Mnuchin

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Tax reform would likely have a modest effect on growth, nearly surely not enough to match the administration's 3 percent growth target, said Mark Mazur, director of the nonpartisan Tax Policy Center and a former assistant treasury secretary for tax policy in the Obama administration. Read More »

Lawyers for man dragged off United plane file court request

Senate deadline to respond to lawmakers about the events aboard flight 3411 on April 9. Several passengers on United flight 3411 from Chicago O'Hare International Airport to Louisville, Kentucky, captured video as a man was dragged off the plane by authorities after he apparently refused to leave from an overbooked flight. Read More »

Number of illegal immigrants has dropped since 2009, study says

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The report is based on data taken by the U.S. Census Bureau during the latter years of the Obama presidency. Mexicans have long composed the largest bloc of illegal immigrants, Pew says, but their numbers have been shrinking since 2007, when there were an estimated 6.9 million living in the USA without permission. Read More »

Japan minister resigns over remark about 2011 tsunami

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Abe accepted Imamura's resignation. "I severely troubled and hurt people in northeastern Japan", Imamura told a press briefing at the prime minister's office following submitting his letter of resignation. Imamura said the massive natural disaster and tsunami are estimated to have caused losses to social infrastructure of about 226 billion dollars. He immediately retracted the comment and apologised, but Mr Abe's face reportedly froze. Read More »

United Airlines 'saddened' after giant rabbit dies on flight to US

United , which has been rocked by recent scandals over its treatment of passengers, told the Daily News that is "saddened to hear this news". Edwards - a great-grandmother and mother of ten who previously made headlines in the United Kingdom after she tried to use plastic surgery to transform herself into a real-life Jessica Rabbit from " Who Killed Roger Rabbit " - claimed Simon was on track to become the world's biggest bunny before he died. Read More »

The Liberum Capital Reiterates "Buy" Rating for Electrocomponents plc (ECM)

JP Morgan maintained it with "Neutral" rating and GBX 600 target in Monday, September 14 report. Jefferies maintained Go-Ahead Group plc (LON:GOG) rating on Tuesday, November 1. Baldwin Investment Management Lc, Pennsylvania-based fund reported 7,442 shares. Pianalto Sandra also bought $22,562 worth of Prudential plc (LON:PRU) on Friday, March 3. Read More »

WTI futures sent reeling by smaller than expected decline in oil stocks

The EIA (U.S. Energy Information Administration ) reported that United States gasoline inventories rose by 1.5 MMbbls (million barrels) to 237.7 MMbbls on April 7-14, 2017. Brent for June settlement dropped as much as 58 cents, or 1 percent, to $55.31 a barrel on the London-based ICE Futures Europe exchange. Crude oil futures recovered in Asian trade Thursday, after sinking to their lowest level in almost three weeks overnight amid worries that USA production catches up to cuts being made ... Read More »

Passenger injured and dragged off United Airlines plane

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United spokeswoman Megan McCarthy says the compensation will equal the cost of passengers' tickets and will come in the form of cash, travel credits or miles . "No one should ever be mistreated this way". Dr. David Dao's lawyers filed an emergency request with an IL state court on Wednesday which requires the carrier to preserve video recordings and other evidence related to Dao's rough treatment. Read More »

Lawyer says doctor dragged from flight plans to file lawsuit

It said a prior employment agreement with Mr Munoz had been reversed, so he would not become chairman of the board in 2018. Most of Munoz's compensation was in stock. David Dao, a Kentucky doctor, was dragged from his seat after refusing to give it up when United staff told him he was being bumped from the sold-out flight to make room for staff members that needed to travel. Read More »

Lowe's Companies, Inc. (NYSE:LOW) & Sarepta Therapeutics Inc (NASDAQ:SRPT) Watch List

Vetr upgraded shares of Sarepta Therapeutics from a buy rating to a strong-buy rating and set a $34.53 price target on the stock in a research report on Tuesday, March 14th. The legal version of this article can be viewed at [[permalink]]. Institutional investors and hedge funds own 76.75% of the company's stock. Raymond James Financial Services Advisors Inc. Read More »

The Goodyear Tire & Rubber Company (NASDAQ:GT) declared EPS of 0.95

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The legal version of this story can be viewed at https://www.thecerbatgem.com/2017/04/26/goodyear-tire-rubber-co-gt-given-consensus-recommendation-of-hold-by-analysts.html. Cooper Tire & Rubber Company (NYSE:CTB) has a current MF Rank of 742. Cibc Asset Mgmt Incorporated has invested 0.01% in Goodyear Tire & Rubber Co (NASDAQ:GT). Read More »