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Oil Pulls Back Amid Smaller Inventory Build (USO)

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The producers are expected to extend a production-cap agreement due to end in March, but the length of the extension has been a key question. This week's unexpected build in crude oil inventories is likely to put downward pressure on oil prices, which in turn puts pressure on OPEC to do more "whatever it takes" to reassure the market that the glut is easing in hopes of stabilizing prices. Read More »

Fewer crashes this holiday according to Operation Care

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The Ohio State Patrol was kept busy this Thanksgiving holiday weekend dealing with more traffic fatalities and impaired drivers than a year ago. One of the four fatal crashes involved alcohol. Aside from the crashes, State Police made a number of arrests and issued citations during the holiday enforcement period. "The MSP continues to urge motorists not to drive while impaired, always use proper restraints and to make responsible driving decisions". Read More »

Enbridge Energy Management, LLC (NYSE:EEQ) Shareholder Yield in Focus

Tortoise Capital Advisors L.L.C. now owns 7,619,043 shares of the pipeline company's stock worth $121,752,000 after buying an additional 3,985,284 shares during the period. Da Davidson Co stated it has 27,274 shares. Pennsylvania reported 89,578 shares. Alliancebernstein L P invested 0% of its portfolio in Enbridge Energy Management, L.L.C. Read More »

Hot Stock Overview: Whiting Petroleum Corp. (WLL)

About 1.65 million shares traded. Whiting Petroleum Corporation (WLL ) closed its day with loss -4.92% and ended at the price of $22.43. Therefore 24% are positive. Chicago Equity Partners Ltd Liability Co holds 18,580 shares or 0% of its portfolio. About 2.10 million shares traded. Van Eck Corp holds 0% or 68,374 shares in its portfolio. Read More »

Shares in Discovery Communications, Inc. (DISCA) Purchased by Quantbot Technologies LP

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Aberdeen Asset Mngmt Public Limited Co Uk, a United Kingdom-based fund reported 330,042 shares. 432,994 were reported by Hancock. U.S. based company Discovery Communications, Inc . It has underperformed by 23.48% the S&P500. Los Angeles Capital Management & Equity Research Inc.'s holdings in Discovery Communications were worth $990,000 at the end of the most recent quarter. Read More »

Yellen Says Fed Will Continue Path of Gradual Rate Increases

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Yellen's four-year term as Fed chair expires in February 2018. Fed officials have done little to push back against market expectations of an increase in the Fed's benchmark federal-funds rate at its December 12-13 meeting. "We continue to expect that gradual increases in the federal funds rate will be appropriate to sustain a healthy labor market and stabilize inflation around (our) 2 percent objective", Yellen said . Read More »

Nasdaq plans to launch Bitcoin futures in first half 2018

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Nasdaq Inc. plans to introduce bitcoin futures next year, according to a person familiar with the matter, becoming the third major USA exchange to attempt to dive into the red-hot market for cryptocurrencies. "Effective Sunday [,] 10 December 2017 for trade date Monday [,] 11 December 2017, and pending all relevant regulatory review periods, please be advised that CME will launch Bitcoin Futures ". Read More »

BuzzFeed hit with layoffs, as digital ad dollars fall short

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The news is a splash of cold water, but not a complete surprise given an earlier report in the Wall Street Journal that BuzzFeed was set to miss its annual revenue targets by an alarming 15%-20%. Native ads are content created for advertisers that look similar to BuzzFeed's popular, often snarky videos, lists and quizzes. That success attracted major investment, including $400m from Comcast Corp.'s NBCUniversal, whose latest infusion about a year ago valued the web business at about ... Read More »

Chipotle founder Steve Ells stepping down as CEO

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Doing so would improve the company's ability to provide customers with "delicious food that is prepared with high quality ingredients that are raised responsibly and served in a way that is accessible to everyone". "We are committed to recruiting a world-class CEO for this incredible opportunity". The search will be done by Spencer Stuart, an executive search company tapped by companies like Yahoo, Twitter, General Motors AIG and Fannie May. Read More »

Analysts See $1.90 EPS for Royal Bank of Canada (RY)

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Five investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. More interesting news about Royal Bank of Canada (NYSE:RY) were released by: Nasdaq.com and their article: "Royal Bank of Canada in G-SIB 2017 List, JPMorgan Most Risky" published on November 22, 2017 as well as Theglobeandmail.com's news article titled: "RBC to launch robo-adviser business, will use its own ETFs" with publication date: November 15, 2017. Read More »

Restoring Beeching-era rail lines could boost house prices

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Mr Grayling said: "Rail passengers deserve a more reliable, more efficient service". Restoring lost capacity forms part of the government's rail strategy , which is being published today. Under the plans , railway lines closed in the 1960s could be reopened if they boost the economy, the government has said. But Bruce Williamson, of campaign group Railfuture, said: "It seems the Government is finally recognising the need to invest in rail because so often when you hear about transport ... Read More »

What's Next for OncoSec Medical Inc (ONCS) After Today's Significant Increase?

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The company's market capitalization is $19.20 million. The Trust's investment objective is to provide common shareholders with current income, which is exempt from federal income tax. The biotechnology company reported ($0.28) EPS for the quarter, missing the Zacks' consensus estimate of ($0.23) by ($0.05). equities research analysts forecast that OncoSec Medical will post -0.86 earnings per share for the current fiscal year. Read More »

WeWork buying Meetup, a social network that connects hobbyists

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In a blog post, Neumann said it will help WeWork further its mission by " bringing people together ". WeWork - which offers warehouse-style shared workspace to smaller companies, primarily tech startups - is expected to use the massive investment by SoftBank to expand its global presence. Read More »

Lincoln Brings Back Names With 2019 Nautilus, A Continental-Faced MKX

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Tasteful design, exceptional craftsmanship and room for up to five passengers make it a popular choice for clients in the market for a luxury crossover vehicle. The Nautilus goes on sale next spring at prices that have yet to be announced, but likely won't include plane tickets to take advantage of its newest perk. Read More »

375 million jobs may be automated by 2030, study suggests

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Millions of jobs in the United States may soon be wiped out because of automation. The authors believe we may see a massive transition on a scale not seen since the early 1900s, when workers shifted from farms to factories. The employment growth needed to replace the jobs eradicated will come in part from automation itself - the new workers needed to operate the machines, as well as the increased productivity and economic growth that automation will generate through bigger company profits ... Read More »

(NYSE:ABBV) Shares Sold by Great Lakes Advisors LLC

The stock rose 0.49% or $0.77 reaching $157.75 per share. About shares traded. TheStreet, Inc. NextEra Energy Inc ( NYSE :NEE) has risen 15.94% since November 28, 2016 and is uptrending. AbbVie ( NYSE : ABBV ) last announced its earnings results on Friday, October 27th. Wall Street await AbbVie Inc ( NYSE : ABBV ) to release earnings on January, 26. Read More »

Arby's announces Buffalo Wild Wings purchase

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The company now has a consensus rating of "Hold" and a consensus price target of $136.57. Roark agreed to pay $157 a share in cash for the Minneapolis-based restaurant operator, representing a 34 percent premium to the stock's November 13 closing price, the day before Roark's opening bid of about $150 was reported. Read More »

Analysts See $0.77 EPS for Tiffany & Co. (TIF)

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Shutzer holds 172,139 (0.14% of shares outstanding) and Michael J. Kowalski holds 73,714 (0.06% of shares outstanding). It also reduced its holding in Texas Roadhouse Inc (NASDAQ:TXRH) by 79,098 shares in the quarter, leaving it with 38,586 shares, and cut its stake in Kilroy Rlty Corp (NYSE:KRC). Read More »

Jet Airways gains 2 pc after tie up with Air France-KLM

Jean-Marc Janaillac signed an enhanced co-operation agreement on routes between India and Europe that will result in cost savings and revenue growth for airlines. Jet Airways said that air traffic from India is growing and there is an opportunity for all the carriers to grow their share. "We will play both these roles", Goyal said. Read More »

Auris Medical Holding AG (EARS) to Release Earnings on Tuesday

The 6 months bearish chart indicates high risk for the $18.97M company. The 1-year low was reported on Nov, 28 by Barchart.com . Moreover, Maltese Capital Management Llc has 0.47% invested in the company for 163,073 shares. Tracking the stock price in relation to moving averages as well as highs and lows for the year might assist with evaluating future stock performance. Read More »

What's Propelling Enterprise Products Partners LP (EPD) to Increase So Much?

Cullen Frost Bankers Inc. now owns 92,837 shares of the oil and gas producer's stock valued at $2,514,000 after buying an additional 1,616 shares in the last quarter. Scotiabank set a $33.00 target price on shares of Enterprise Products Partners and gave the stock a "buy" rating in a research note on Sunday, October 15th. Read More »

Miss World 2017 Manushi Chhillar to be Salman Khan's heroine?

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She, however, said that if offered a Bollywood film in future, she would love to work with the "perfectionist" Aamir Khan. And this is the cause she wants to take forward as well with the crown of Miss World on her head. He might launch her in a SKF production movie 0r in one of his own movies. Miss World 2017 Manushi Chhillar at a press conference in Mumbai. But, Manushi might not be able to take up any Bollywood projects since she has to fulfil her commitments mentioned in her Miss ... Read More »

Mixed results for Black Friday footfall

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While this is not the first time this device has accounted for the highest share, it is unusual given Friday was a standard working day (people tend to use the device of most convenience, and many would have had access to their desktops at work). Read More »

VW Adds R-Line to Tiguan CUV

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Altogether, the ergonomics of the cockpit and front passenger seat are excellent. With that said, though, VW has announced improvements to the Tiguan , though, there's nothing in the performance department. SELs feature 19-inch wheels, while SEL Premiums ride on 20-inchers. Inside, the Tiguan R-Line models welcome drivers with the R-Line logo on the start screen of Volkswagen's Modular Infotainment Platform (MIB II). Read More »

Uber losses widen as SoftBank makes swoop for shares

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This was despite a 14% jump in net revenue to $2bn and an 11.5% rise in gross bookings to $9.7bn. It also would buy $1 billion of new stock at the previous valuation but only if it can accumulate at least a 13.4 percent share of Uber through the tender, another person familiar with the matter said on Tuesday. Read More »

Teekay LNG Partners LP (TGP) Stake Decreased by BNP Paribas Arbitrage SA

Facebook Inc (NASDAQ:FB) has risen 26.75% since November 27, 2016 and is uptrending. It has outperformed by 17.82% the S&P500. Finally, CNH Partners LLC lifted its holdings in Teekay LNG Partners by 1.0% in the 2nd quarter. WB's profit will be $113.67 million for 54.94 P/E if the $0.52 EPS becomes a reality. After $1.59 actual earnings per share reported by Facebook Inc for the previous quarter, Wall Street now forecasts 22.01% EPS growth. Read More »

Consumer Confidence Breaks Another Record, Hits 17-Year High

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The Conference Board Consumer Confidence Index increased 3.5 points to 129.5 in November. American consumers are feeling confident as the holiday season approaches. The latest numbers have defied economists' expectations, with many predicting that the index would go down to 124. The US Conference Board released a report on Tuesday showing an unexpected improvement in US consumer confidence in the month of November. Read More »

Are Analysts Bullish American Eagle Outfitters (NYSE:AEO) After Last Week?

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Virtus Investment Advisers Inc. purchased a new stake in shares of Urban Outfitters during the third quarter worth about $590,000. (NASDAQ: URBN ) has declined 30.56% since November 28, 2016 and is downtrending. For the most recent quarter, quick ratio was 1.50, current ratio was 2.50, LT Debt/Equity ratio was 0.00 and Total Debt/Equity ratio stands at 0.00, while Payout ratio is 0.00%. Read More »

Stock Traders Buy Large Volume of Call Options on Francesca's (FRAN)

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PPG Industries, Inc. (NYSE:PPG) has risen 1.03% since November 28, 2016 and is uptrending. It has outperformed by 0.30% the S&P500. FRAN's profit would be $1.10M giving it 57.50 P/E if the $0.03 EPS is correct. It also upped First Community Financial Part (FCMP) stake by 220,330 shares and now owns 412,991 shares. Mattel Inc (NASDAQ:MAT) was raised too. Investors sentiment decreased to 0.8 in Q2 2017. Read More »

Canadian charged for hacking Yahoo; heres what happened next

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Baratov had earlier this year waived his right to fight a USA request for his extradition from Canada and is scheduled to appear in federal court in San Francisco on Tuesday for the plea hearing. As a Canadian citizen, Baratov waived his right to an extradition hearing in his native country earlier this year. Working with agents from the Russian intelligence agency called FSB, Baratov allegedly hacked into email accounts hosted by Google and Yandex. Read More »

AT&T, Time Warner Extend Merger Agreement to April Amid DOJ Lawsuit

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On November 20, 2017, the United States Department of Justice (the "DOJ") filed a lawsuit in the United States District Court for the District of Columbia (the "Court") to enjoin AT&T Inc .'s ("AT&T") proposed merger with Time Warner Inc. AT&T also makes a point of noting that the Justice Department approved the merger of Comcast with NBCUniversal in 2011, with a seven-year set of conditions that included binding arbitration for carriage disputes. Read More »