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Inventory Glut Could Push Oil Down Further

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Platts news services said at the time that the country was already exporting above 700,000 bpd of oil and condensate to countries such as France, Italy, Greece, Spain and others. OPEC members exceeded their pledged cuts last month, two delegates said. In December 2016, OPEC finished a meeting with non-OPEC countries in Vienna, at which 11 non-OPEC producers made a decision to cut oil output by 558,000 barrels per day from January 2017 with Russian Federation cutting the output by 300,000 ... Read More »

Zacks Rank on Schlumberger NV (SLB) based on Estimated Earnings

Cable Hill Partners LLC now owns 1,411 shares of the company's stock valued at $115,000 after buying an additional 311 shares during the period. Macquarie Group Ltd. Vetr upgraded Schlumberger Limited. from a "hold" rating to a "buy" rating and set a $95.37 target price for the company in a research note on Tuesday, December 13th. Read More »

Beijing's last coal-fired power plant shuts down

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The city also draws electricity from coal-fired power plants in neighbouring provinces such as Hebei and Inner Mongolia, where environmental regulations are weakly enforced. The city promised to shut its four coal-fired power plants between 2013 and 2017 and build four plants fuelled by natural gas. There are now 27 power plants in the city, and urban planners have no plans to build any new large-scale ones in the future, according to China's official Xinhua news agency. Read More »

Gold trades higher amid dollar weakness

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A two percent fall in Deutsche Bank shares hurt European banking stocks. Market analysts put the latest decline - and caution in equity markets - down to the weekend's G20 communiqué, which dropped an explicit statement of opposition to protectionist trade policies. Read More »

May to trigger Brexit process on March 29

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The European Commission said immediately that it was ready to begin negotiations, although a source in Brussels said it would take "four to six weeks" to arrange a summit to agree a common EU position. The Government lost its case at the Supreme Court in January, meaning that triggering Article 50 had to receive approval from Parliament. Davis said ministers would seek a Brexit deal "that works for every nation and region of the United Kingdom and indeed for all of Europe - a new, ... Read More »

Bullish Crude Bets Cut By Most Ever

Nevertheless, some analysts are hoping that the full outcome of OPEC's production cuts haven't been seen yet and that despite the increase in USA production OPEC's cuts will show effect in April, as demand from refineries increases. US West Texas Intermediate ( WTI) crude futures slipped 48 cents, or 0.98 per cent, to US$48.30 a barrel. Russian Federation undertook to slash oil production by 300,000 barrels per day in the first half of 2017 versus October 2016 within the framework of the ... Read More »

The Week Ahead: Will the Fed Follow Up on Rate Increases?

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Kashkari's stance establishes him as a voice of resistance as the Fed gets moving: as of last week's meeting, officials forecast two more rate increases this year, assuming their economic projections for low unemployment and near-2 percent inflation are met. Read More »

Taiwan Owns Missiles that Can Destroy China's Invasion Bases

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She urged Beijing to communicate with Taipei "in order to maintain stability and peace in the Asia-Pacific region". Trump and China's President Xi Jinping subsequently smoothed over the dispute in a phone call in which the USA leader reiterated Washington's adherence to the One China policy, which nominally acknowledges Beijing's claim without recognising it. Read More »

Cabinet Passes Four Legislations Supporting GST

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The UTGST Bill provides for levy on collection of tax on intra-UT supply of goods and services in Union territories without a legislature. Similarly, the cess to be levied on top of peak rate on selected demerit goods like luxury cars for creation of a corpus that will be used for compensating states for any loss of revenue from GST implementation in the first five years, has been capped at 15 per cent. Read More »

The Investment Analysts' Recent Ratings Changes for First Solar (FSLR)

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The RSI oscillates between zero and 100. This company has been competing with others in the Technology space and offers its own combination of interesting factors First Solar, Inc . It is the "top line" or "gross income" figure from which costs are subtracted to determine net income. First Solar, Inc is a provider of photovoltaic (PV) solar energy solutions. Read More »

Urban Outfitters Inc. (URBN) current Stock Analysis

This scale runs from 1 to 5 where 1 represents Strong Buy and 5 represents Sell. Here, 1 indicates a Strong Buy and 5 indicates a Strong Sell. The company reported revenue of $794.28 Million in the same period past year. The high and low revenue estimates for the current quarter are $812.8 Million and $761.2 Million, respectively. Tracking most recent quarter period, Price to book (P/B) ration is at 2.09 and Price to cash per share ration is at 7.64. Read More »

Brexit to be formally triggered on March 29, reports say

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Sir Tim Barrow, Britain's permanent representative to the EU, has told European Council president Donald Tusk the United Kingdom intends to invoke Article 50 on that date, it was confirmed in a statement today. Britain is one of the oldest and largest members of the 28-nation bloc, and its departure has raised fears for the EU's future as eurosceptic movements gain support across the continent. Read More »

Investors Catching Stocks Advanced Micro Devices, Inc. (AMD)

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Let us view how analysts have ranked AMD in recent few months. They now have a United States dollars 12 price target on the stock. Advanced Micro Devices Last issued its quarterly earnings results on Jan 31, 2017. Jefferies maintained its buy rating on AMD and raised its price target to 16 from 13. They now have a Dollars 17 price target on the stock. Relative Strength Index (RSI) was 52.53. Read More »

Hudson's Bay exposes Saks customer info online

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The company did not comment on why the information was information was left unencrypted and publicly available. It is the oldest continually operating retailer in North America, having been founded in 1670. "There is probably a way to get password information, but you would have to search further". The Saks Fifth Avenue website was leaving some customer information in its code without any type of encryption. Read More »

Nektar Opioid Drug Does Well In Study (NKTR, EGLT)

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During the double-blind, randomized treatment phase, average pain scores increased more in the placebo arm than in the NKTR-181 arm at week 12 (1.46 for placebo vs. Finally, BTIG Research began coverage on Nektar Therapeutics in a research report on Friday, January 6th. They now have a United States dollars 22 price target on the stock. Read More »

Standard Life And Aberdeen Set Out Co-CEO Responsibilities

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The firms said they expect to make further announcements regarding the composition of the proposed executive management teams of the combined group and senior executive responsibilities in due course. They will also share communications and the integration programme after the merger takes place. - Aberdeen Asset Management and Standard Life have offered more details on how current bosses Keith Skeoch and Martin Gilbert would work together as co-chief executives after a planned all-share ... Read More »

Idea Cellular approves Vodafone merger with itself; shares gain

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For the two companies - Idea Cellular and Vodafone India - the potential for reducing costs is significant, according to India Ratings. Aditya and Vodafone eventually aim to own an equal share of the joint venture. The scheme of amalgamation includes Vodafone India (VIL) and its wholly-owned subsidiary Vodafone Mobile Services (VMSL) merging with the new company. Read More »

Petition calls on Tatton MP George Osborne to 'pick one job'

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But Mr Osborne, who has insisted he can edit the paper while remaining an MP, said he believed having MPs who could draw on outside experiences was good for Parliament as it enabled former ministers, in particular, to "continuing to contribute to the decisions we make". Read More »

Gold Standard Ventures Corp (GSV) shows weekly volitility of 7.83%

The Stock Market opened sessions at 2.53 and closed at 2.63. When it comes to the Analysis of a Stock, Price Target plays a vital role. There may be various price targets for a stock. The stock volatility for week was 7.83% while for month was 5.82%.The stock, as of last close, traded 198.86% to its 52 week low and was changed -17.81% from its 52 week high. Read More »

Large Outflow of Money Witnessed in Intercontinental Exchange Inc

Public Employees Retirement System of OH now owns 106,032 shares of the company's stock worth $27,140,000 after buying an additional 33,730 shares in the last quarter. A number of research analysts have issued reports on the company. The company had revenue of $1.10 billion for the quarter, compared to analysts' expectations of $1.14 billion. Read More »

Authorities seal 2 slaughter houses in Allahabad

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Notably, Yogi Adityanath, said to be a cow lover, has always been vocal about shutting down slaughterhouses. "On Sunday, we got information that some activities were being carried out illegally at these slaughterhouses despite the ban". According to an Economic Times report, there are almost 40 legal slaughterhouses in Uttar Pradesh, which are duly licenced by the Centre's Agricultural and Processed Food Products Export Development Authority (APEDA). Read More »

United Kingdom to formally trigger Brexit on March 29

The launch of the Article 50 means the starting of a two-year Brexit talks between London and Brussels on a deal to determine Britain's future relationship with the remaining 27 member states of the EU. Furthermore, Juncker told German newspaper Bild am Sonntag that the European Union would not be "intimidated" by the threats from Britain that it is willing to walk away from Brexit talks if it doesn't get their way. Read More »

Tesla's (TSLA) Hold Rating Reiterated at Sanford C. Bernstein

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Tesla Inc (NASDAQ:TSLA)'s stock had its "hold" rating reaffirmed by analysts at Sanford C. Bernstein in a report issued on Monday. Tesla CEO Elon Musk, already the company's top shareholder, bought 95,420 common shares for about $25 million, the company said in a filing. Read More »

Research Analysis of Wells Fargo & Company

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The final results of an independent probe by Wells Fargo's board on the scandal, which involved the opening of more than 2 million unauthorized accounts by workers trying to meet aggressive sales goals, won't be completed before April. As earning per share serves as an indicator for company's profitability, analyst have given their estimate trends for the next year with quarterly estimate of $1.04. Read More »

Supreme Court confirmation an arduous process

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In refuting this account, Hauptman writes to the committee that if Gorsuch had made such comments, "I would remember - the statements would have greatly upset me". He's a constitutional textualist like Scalia was, meaning he's unlikely to view the Constitution as giving women a right to have an abortion . I will vote to confirm Judge Gorsuch as a worthy successor to Justice Scalia. Read More »

Syria Reports Israel Struck Again

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No Israelis were hurt during the strikes Thursday night or from the anti-aircraft fire, according to a statement by the IDF spokesman. Israeli Defense Minister Avigdor Lieberman threatened to destroy Syria's air defences "without compromise" if they were used again against Israeli planes. Read More »

Google Maps is getting useful parking reminders

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The impact on you on the road: This is one of the most overdue features in Google Maps, so much so that even Apple has had it in its far inferior Maps app for w while. For now, this feature is just inside the beta version of Google Maps on Android . But Google Maps also supports adding multiple photos of your parking location - a common way people often note the parking space number in the garage, and then, via a separate shot, the floor, row, aisle and/or color code for the garage ... Read More »

Stocks in Volatile Measures: Deutsche Bank AG (NYSE:DB)

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To analyze a stock, one should look for Upgrades and Downgrades of a stock. 09/30/2016 - Deutsche Bank AG had its "underperform" rating reiterated by analysts at Credit Suisse. Many Analysts provided their foresight on Revenue Estimates of Deutsche Bank AG where they believe that the company has the potential to earn average revenue of $8.4 Billion for the current quarter. Read More »

UK Sets Brexit Start For March 29, Amid Fears Of Legal Void

Brexit Secretary David Davis said today: "Last June, the people of the United Kingdom made the historic decision to leave the EU". Tusk will receive another letter from May on Wednesday next week to invoke Article 50 before she provides a statement to MPs in Parliament. Read More »

Manchester City, Liverpool in exciting draw

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Because it's not easy to play central defender with this manager. Manchester City have been charged by the Football Association for failing to control their players against Liverpool . Klopp said: "He is Spanish". They're getting younger and it will be exciting to see what they do with more transfer windows. The draw left them third in the table still a point ahead of Liverpool , who have played a game more. Read More »

Bidding has begun for Trump's border wall

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Donald Trump's "big, handsome wall" at the Mexican border should be 30-foot high, look good from the American side and be hard to climb or cut through, according to a contract posted on a government website. A preliminary version of the president's budget for government for fiscal 2018, beginning in October, was sent to Congress this week, and it included $2.6 billion for the beginning of wall construction. Read More »