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Goldman Sachs says oil prices are going to spike

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Bank of America Corp. said Thursday that $100/bbl for Brent crude, the global benchmark, is a possibility next year. The deal is set to expire at the end of 2018, but the Bank of America analysts said that OPEC and Russian Federation are likely to continue working together to prevent prices from falling. Read More »

Analysts Set ZPG plc (ZPG) Target Price at $427.75

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The stock decreased 0.92% or $0.78 during the last trading session, reaching $83.84. The New York-based Morgan Stanley has invested 0% in John Wood Group PLC (LON:WG). Peel Hunt maintained the stock with "Buy" rating in Wednesday, July 20 report. On Monday, April 9 the stock has "Neutral" rating by JP Morgan. The firm has "Buy" rating by Numis Securities given on Tuesday, April 24. Read More »

Facebook Suspends 200 Apps Following Data Misuse Investigation

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The move comes after Facebook CEO Mark Zuckerberg vowed earlier this year to look into all applications that "had access to large amounts of information before we changed our platform to dramatically reduce data access in 2014". The app used by Cambridge Analytica , a political consultancy hired by President Donald Trump and other Republicans, was able to pull detailed data on 87 million people, including from the app's direct users and their friends, who had not overtly consented to ... Read More »

AAA monitoring possible gas price spikes from re-imposed Iran sanctions

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On a global level, economic sanctions against Iran are prohibiting it from exporting as much oil to the USA, which is driving up prices. Gas prices are now 49 cents higher than a year ago yesterday. The worst time for travel around Memorial Day will be in the late afternoon of Thursday and Friday, May 24 and May 25, as commuters mix with vacation travelers, predicts INRIX, a global transportation analytics company working with AAA. Read More »

Oil prices race to $80 as US drilling rises

OPEC output rose by just 12,000 barrels per day (bpd) to 31.93 million bpd in April, according to figures OPEC collects from secondary sources. Commercial oil inventories in the Organization for Economic Cooperation and Development-a group of industrialized, oil-consuming nations that includes the US -fell by 12.7 million barrels in March, to stand at 2.829 billion barrels, OPEC said. Read More »

Xerox refused to merge with Fujifilm

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Together, Icahn and Deason reportedly own over a tenth of the ~US$8 billion company. Keith Cozza is expected to be named Chairman of the Board. Xerox Corp has scrapped a planned $6.1-billion deal with Fujifilm Holdings Corp in a settlement with activist investors Carl Icahn and Darwin Deason that also hands control of the USA photocopier giant to new management. Read More »

Walmart to be at ease even if SoftBank stays put in Flipkart

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Singapore-registered Flipkart holds a majority stake in Flipkart India. The department now is going through section 9 (1) of the income tax law, which deals with indirect transfer provisions, to see if the benefits under the bilateral tax treaties with countries like Singapore and Mauritius could be available for foreign investors selling stakes to Walmart, the TOI report said . Read More »

One dead in E. coli outbreak - lettuce still may not be safe

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The annual romaine harvest in the Southwest begins in November in Yuma and transitions with the weather to growing regions in southern California between mid-March and early April. During foodborne illness outbreaks, public health officials stress that there is a lag time of two to four weeks from the time a person becomes ill and they are included in the CDC's case count. Read More »

Tesla, possibly on autopilot, slams into truck in dramatic Utah wreck

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The Tesla Model S was moving at 60 miles per hour when it hit a truck that was stopped at a red light around 6:30 p.m., the South Jordan Police Department said. The company confirmed the move earlier reported by the Wall Street Journal, which said Schwall joined Waymo's safety team led by former National Highway Traffic Safety Administration Deputy Administrator Ron Medford. Read More »

Tracking the EPS & Revenue for The Coca-Cola Company (KO)

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Welch Investments LLC purchased a new position in shares of Coca-Cola Company (The) during the fourth quarter valued at about $115,000. Virtu Financial LLC raised its stake in shares of The Coca-Cola by 402.4% during the 4th quarter. The Coca-Cola (NYSE:KO) last released its earnings results on Tuesday, April 24th. Golub Group Inc Lc reported 8,241 shares. Coca-Cola European Partners had a return on equity of 15.52% and a net margin of 5.70%. Read More »

Petrol, diesel prices hiked after Karnataka elections

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Meanwhile in Kochi, the price of petrol has become Rs. 77.52 per litre, while that of diesel is Rs. 70.56 per litre. Petrol prices are up by 17 paise a litre in Delhi and Mumbai, and 18 paise a litre in Kolkata and Chennai, according to the Indian Oil Corporation. Read More »

Iran's Oil Customers in Europe Might Reduce Imports

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The decision to withdraw from the Joint Comprehensive Plan of Action ( JCPOA ) has been met with some criticism from U.S. officials and some countries around the globe, but Boykin likened the move to one of Trump's other controversial actions: moving the U.S. Read More »

The Coca-Cola Company to Participate in Goldman Sachs Global Staples Forum

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Over the trailing year, the stock is underperforming the S&P 500 by 11.38, and it's gotten there by action that has been less volatile on a day-to-day basis than most other stocks on the exchange. Shore Capital maintained the shares of CCH in report on Wednesday, February 14 with "Hold" rating. It markets and sells its products under the Coca-Cola, Coca-Cola Light, Coca-Cola Zero, Fanta, Sprite, Amita, Avra, Deep RiverRock, Fruice brand names; and iced tea, and sports and energy drinks under ... Read More »

UK's May and Trump agree talks needed over Iranian sanctions

Le Maire also proposed creating a European body that would have the same kind of powers that the U.S. Justice Department has to punish foreign companies for their trade practices. "The prime minister raised the potential impact of USA sanctions on those firms which are now conducting business in Iran ", her spokeswoman said. Read More »

Dharmendra Pradhan requests energy business stakeholders to invest in India

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The project aims to boost ADNOC's refining capacity by 65 per cent to 1.5 million barrels per day by 2025, the state-owned firm's CEO Sultan al-Jaber told a downstream investment forum. ADNOC's existing downstream portfolio comprises eight companies processing 10.5 billion standard cubic feet (scf) of gas per day, and with a refining capacity of 922,000 barrels per day of condensate and crude. Read More »

Walmart may launch Flipkart IPO in as early as 4 years

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Alphabet was to get 15 per cent. Upon the terms and subject to the conditions set forth in the Share Purchase Agreement, contemporaneously with the closing of the Share Issuance, Walmart will purchase from the Sellers Preference Shares and Ordinary Shares of Flipkart for an aggregate purchase price of approximately $14 billion in cash (the "Secondary Share Purchase", and together with the Share Issuance, the "Transactions"). Read More »

Trump working with President Xi to help restart China's ZTE

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In March previous year ZTE paid almost $900 million in penalties for exporting USA technology to Iran and North Korea in violation of sanctions. ZTE paid over $100 million each to Qualcomm Inc, Broadcom Inc, Intel Corp and Texas Instruments, the official said . Read More »

Oil is sliding ahead of Trump's deadline on the Iran nuclear deal

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Iran had been able to safeguard its oil industry against such threats over the past few years, Zangeneh was quoted as saying by Xinhua news agency. Crude stocks at the Cushing, Oklahoma, delivery hub rose 1.4 million barrels, EIA said. Meanwhile, Western powers today said, they are committed to the Iran nuclear deal. Read More »

Numis Downgraded On The Beach Group (LON:OTB) with GBX 663.00 Target

About 174,213 shares traded. Grainger plc (LON:GRI) has 0.00% since May 10, 2017 and is. The company has market cap of 718.62 million GBP. The firm also engages in the development and monetization of intellectual property and technology used for the online retailing, logistics, and distribution of grocery and consumer goods. Read More »

BJP, TDP workers come to blows for 1st time in Andhra

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TDP activists demanded the Centre to immediately fulfill all promises made to Andhra Pradesh in the Reorganisation Act, 2014, and also accord special category status to the state. We have got only preliminary information and we are verifying all facts", he said. Tirupati: BJP President Amit Shah will offer prayers at the hill shrine of Lord Venkateswara near here, tomorrow. Read More »

On AT&T-Time Warner merger, Giuliani again contradicts White Hou

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And Kellyanne Conway, in an appearance on CNN in November before the DOJ sued to stop the merger, admonished interviewer Brian Stelter not to "throw all that poison out to your viewers" when he asked if the president had involvement in what was then the decision-making process over whether to sue. Read More »

Ireland slump to 5-3 as Abbas strikes for Pakistan

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Pakistan captain Sarfraz Ahmed's well-timed declaration left Ireland with a tricky 30 minutes to bat before lunch and that was long enough for the hosts to suffer a top-order slump. After day one was washed out, Ireland won the toss and opted to bowl on day two against Pakistan and they started brightly. Having lost a battle against the elements on Friday, Ireland's first ball as a Test nation took place with the sun shining and under clear skies. Read More »

Theresa May told ministers to get 'hands on' over customs dispute

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Aware the ongoing indecision over the issue is causing the party problems, Mrs May is understood to be keen to make a decision on the future trading relationship with Europe as soon as possible. Fearing Brexiteers will refuse to back down in their opposition to the customs partnership , a Government insider said: "The Prime Minister wants what works best and if that is max fac then so be it". Read More »

Schwab US TIPS ETF (SCHP) Declines 0.02% for May 11

In general, if the indicator goes above -20, the stock may be considered overbought. If picking stock was easy, everyone would be rich right? The ETF's YTD performance is -1.94%, the 1 year is 1.02% and the 3 year is 1.82%. Keeping tabs on historical price performance, as well as both long-term and short-term trends, can be very useful. Past performance is just one piece of the puzzle when evaluating investments. Read More »

Here's how analysts see Carclo plc (LON:CAR) after this past week

Origin Asset Mgmt Llp stated it has 849,100 shs or 1.51% of all its holdings. Carclo plc (LON:CAR) has 0.00% since May 11, 2017 and is. Letko Brosseau And Inc invested 2.19% of its portfolio in Trifast plc (LON:TRI). The company was maintained on Thursday, November 23 by Liberum Capital. 39 are the (LON:CINE)'s analyst reports since November 17, 2017 according to StockzIntelligence Inc. Read More »

IAEA's Nuclear Inspections Chief Resigns

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The president's announcement was followed this week by the resignation of Richard Johnson , a former top nuclear expert at the State Department, who called the Iran agreement "clearly successful" in a statement announcing his departure. Read More »

Today May 11 iShares GNMA Bond ETF (GNMA) Increases 0.03%

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Game Digital Plc (GMD.L)'s Williams Percent Range or 14 day Williams %R now sits at -63.16. A reading between 0 and -20 would indicate an overbought situation. The RSI is considered to be an internal strength indicator, not to be confused with relative strength which is compared to other stocks and indices. The RSI operates in a range-bound area with values between 0 and 100. Read More »

How you can help 'Stamp Out Hunger' in Houston on Saturday

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Residents can simply place a bag or bags of nonperishable food out by their mailboxes to be picked up by their letter carriers. "This is just my third year doing this particular route, but I see it growing bigger and bigger every year", said Amy Near, postal worker. Read More »

IPL 2018, KKR vs MI: Hosts win toss, opt to field

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Six bowlers bowled for MI and everyone took at least one wicket where the Pandya brothers were leading wicket takers where they took two wickets each. Picked up by MI for Rs 6.20 crore after an intense bidding with Royal Challengers Bangalore, the Jharkhand wicketkeeper batsman struggled initially with three ducks, forcing his team management to drop him down in the batting order from no. Read More »

S&P Bank ETF SPDR (KBE): Stock Price Performance (4.81%) in Focus

The current SPDR Nuveen Blmbg Barclays Muni Bd ETF's yield is 2.22% and with Basic Materials 0.00%, Consumer Cyclical 0.00%, Financial Services 0.00%, Realestate 0.00%, Consumer Defensive 0.00%, Healthcare 0.00%, Utilities 0.00%, Communication Services 0.00%, Energy 0.00%, Industrials 0.00%, Technology 0.00% sector weights. Read More »

Facebook Could Be Creating Its Own Cryptocurrency

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After the announcement made last week by Jan Koum, the Whatsapp co-founder, that he is exiting the company, Chris Daniel who was at the helm of a Facebook effort to expand internet access will head Whatsapp. Marcus, head of Messenger will be succeeded Stan Chudnovsky that was serving as Messenger's product chief, Facebook said. Facebook named new leaders for some of its main divisions, including the core social network, WhatsApp and Messenger, in the biggest management reshuffling since the ... Read More »

Melissa McCarthy is amusing. Why isn't 'The Life of the Party?'

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Life Of The Party is a lot like McCarthy's last solo vehicle, The Boss , which she also co-wrote and co-produced with her husband, director Ben Falcone: It's less of a movie than a collection of sketches organized around a character, slapped together with little regard for structure or continuity. Read More »