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Finance

Two North Carolina health care systems are joining to create a network which will employ approximately 90,000 people and operate more than 50 hospitals. Estimates are the new - still to be named - entity will be able to open its doors in 2018. Roper added that merging would enable the combined organization to provide a wider range of care services, build clinical destination centers, advance care in pediatrics, transplants and other services and expand their medical education offerings.
  • Gasoline Jumps After Harvey Shuts US Refiners

    Gasoline Jumps After Harvey Shuts US Refiners

    Finance

    As a reminder, Texas is home to 5.6 million barrels per day (bpd) of refining capacity, and Louisiana has 3.3 million bpd. Its ports import and export millions of barrels per day (bpd) of crude and fuel. The Gulf accounts for just 15 percent of US oil production, compared with almost 30 percent a decade ago, according to RBC Capital Markets. It was the ninth-straight week of waning crude inventories.
  • Stock Under Review: Marathon Petroleum Corporation (MPC)

    Stock Under Review: Marathon Petroleum Corporation (MPC)

    Finance

    The rating was maintained by RBC Capital Markets with "Outperform" on Thursday, October 27. The firm owned 155,917 shares of the oil and gas company's stock after buying an additional 18,931 shares during the period. $128,556 worth of HNI Corp (NYSE:HNI) was sold by ASKREN STANLEY A on Monday, March 20. Marathon Oil Corporation's payout ratio is now -2.55%. The current market value of the company is $9.26B.
  • Jacksonville residents load trucks with donations for Harvey victims

    Jacksonville residents load trucks with donations for Harvey victims

    Finance

    Walmart and the Walmart Foundation will also give additional cash and product donations totaling $10 million to support the Salvation Army , Feeding America, Convoy of Hope, Team Rubicon and the Hurricane Harvey Relief Fund at the Greater Houston Community Foundation, as well as other organizations assisting food distribution, sheltering and cleanup efforts.
  • Harvey not affecting Pittsburgh gasoline prices - for now

    Finance

    So what does this mean for gas prices in the Southern Tier? The shale boom, which deployed new technology to unlock huge supplies of oil, has transformed the energy landscape and vaulted the United States to the upper echelon of global oil producers, behind only Russian Federation and Saudi Arabia.
  • American Red Cross of Alaska taking donations for Hurricane Harvey relief efforts

    American Red Cross of Alaska taking donations for Hurricane Harvey relief efforts

    Finance

    Since then, they said they are still experiencing a critical blood shortage. She said the Red Cross began to provide humanitarian relief and get ready for this disaster early last week. They plan to send more and said their efforts won't stop anytime soon. "Certainly, our hearts go out to those individuals while they're experiencing Hurricane Harvey ", Turner said .
  • Wells Fargo & Co (WFC) Scandal Includes Almost 70% More Fake Bank Accounts

    Wells Fargo & Co (WFC) Scandal Includes Almost 70% More Fake Bank Accounts

    Finance

    Signature Estate & Investment Advisors LLC purchased a new stake in shares of Wells Fargo & during the first quarter worth about $124,000. 507,390 are owned by Bahl Gaynor. Perhaps more important, Wells Fargo's ex-CFO Howard Atkins, who mysteriously resigned in 2011, should also be called to testify in Congress. During the last six months the stock slipped -12.52%.
  • Where Vipshop Holdings Ltd (VIPS) Stands on Analytical Review Chart?

    Where Vipshop Holdings Ltd (VIPS) Stands on Analytical Review Chart?

    Finance

    Company's return on equity, which is really just the product of the company's profit margin, asset turnover, and financial leverage ratios, is 9.40%, which is (8.29) better than the Catalog & Mail Order Houses industry average ROE. TheStreet upgraded Vipshop Holdings Limited from a "c+" rating to a "b" rating in a report on Thursday, May 11th. The firm earned "Buy" rating on Thursday, January 7 by Credit Agricole.
  • Insiders Selling, Short Interest Growing Cadence Design Systems, Inc. (NASDAQ:CDNS)

    Finance

    Therefore 75% are positive. The firm has "Outperform" rating by RBC Capital Markets given on Thursday, February 9. As per Tuesday, October 27, the company rating was maintained by Northland Capital. 228.19 million shares or 3.52% less from 236.52 million shares in 2016Q3 were reported. The stock now has Monthly Volatility of 3.03% and Weekly Volatility of 2.14%.
  • Anheuser-Busch Inbev SA (BUD) Receives Consensus Rating of "Hold" from Brokerages

    Finance

    About 486,015 shares traded. Anheuser-Busch InBev SA/NV (NYSE: BUD)'s earnings per share has been growing at a -28.5 percent rate over the past 5 year when average revenue increase was noted as 3.1 percent. Foster And Motley owns 1,950 shares for 0.04% of their portfolio. Bp Wealth Management Llc, which manages about $4.49 billion and $2.42 billion US Long portfolio, decreased its stake in Union Pacific (NYSE:UNP) by 21,533 shares to 304,227 shares, valued at $31.54 million in 2016Q4, ...
  • Mondelez International, Inc. (NASDAQ:MDLZ) Experiences Heavier than Usual Trading Volume

    Mondelez International, Inc. (NASDAQ:MDLZ) Experiences Heavier than Usual Trading Volume

    Finance

    Shares of Mondelez International, Inc . The company reported $0.48 earnings per share for the quarter, beating analysts' consensus estimates of $0.46 by $0.02. Amalgamated Fincl Bank holds 19,831 shares. Looking forward, the company's quarterly earnings are expected to come at $0.5 in the three months through September 2017 and $0.58 in the quarter ending December 2017, reflecting 56.25% and 26.09% growth, respectively.
  • Active Volume Stock: Lowe's Companies, Inc. (LOW)

    Finance

    It closed at $0.0001 lastly. It has underperformed by 10.78% the S&P500. Opexa Therapeutics had 4 analyst reports since September 28, 2015 according to SRatingsIntel. The firm earned "Buy" rating on Tuesday, August 2 by Stifel Nicolaus. (NYSE:LOW) has "Buy" rating given on Friday, May 20 by Citigroup. Lord Abbett increased its position in stocks of Lowe's Companies by 81.0% in the Fiscal Q2.
  • Harvey threatens more US Gulf refineries, supply constraints emerge

    Finance

    The effect of Tropical Storm Harvey on oil markets is opening an nearly unprecedented opportunity for traders to make money, shifting around crude and refined products by ship. Crude markets were also eyeing disruptions in Libya and Colombia. Vandana Hari, an industry analyst and founder of Vanda Insights, said Monday that production would come back sooner than the refineries and put supply-side pressures on the markets short-term, which helps explain yesterday's steep drop in crude oil ...
  • Traders can't brush off these: Bristol-Myers Squibb Company (NYSE:BMY)

    Finance

    United American Securities Inc decreased its stake in Bristol Myers Squibb Co Com (BMY) by 42.38% based on its latest 2016Q4 regulatory filing with the SEC. Therefore 63% are positive. The other 13, though not evenly; between analysts who think you should buy Bristol-Myers Squibb Company versus those who think you should sell it.
  • Jennison Associates LLC Buys 260 Shares of Vera Bradley, Inc. (VRA)

    Finance

    During the company's 2018 fiscal second quarter performance, VRA disclosed earnings a share of 13 cents. Other large investors have also modified their holdings of the company. Vanguard Group Inc accumulated 1.55 million shares or 0% of the stock. (NASDAQ: VRA ) earned "Market Perform" rating by Telsey Advisory Group on Thursday, December 8.
  • Workday, Inc. (NYSE:WDAY) Stock Traded Higher Than Its 50 Day Average

    Workday, Inc. (NYSE:WDAY) Stock Traded Higher Than Its 50 Day Average

    Finance

    Owens now has $3.98 billion valuation. The stock rose 2.23% or $2.33 reaching $106.74 per share. About 875,430 shares traded. Owens-Illinois Inc (NYSE:OI) has risen 20.39% since August 30, 2016 and is uptrending. The rating was downgraded by Cross Research on Tuesday, May 31 to "Hold". The firm has "Sell" rating by Brean Capital given on Thursday, August 25. Drexel Hamilton restated a "buy" rating and issued a $114.00 price target on shares of Workday in a research note on Wednesday, May 31st.
  • South Carolina Sears worker, 81, killed by shoplifters taking TVs

    South Carolina Sears worker, 81, killed by shoplifters taking TVs

    Finance

    Hamilton was an Air Force veteran and was employed by Sears for 13 years. An 81-year-old Sears sales associate was killed by two men who shoved him down while stealing television sets from a SC store, authorities said Wednesday. Simmons has a lengthy criminal history, including at least 17 shoplifting charges. Randolph's criminal record dates back to 1994 with convictions for trespassing and larceny, and includes convictions for assault and battery with intent to kill, weapons charges, ...
  • Colgate-Palmolive Company (CL) Position Reduced by Burney Co

    Finance

    The SI to Godaddy Incorporated's float is 10.23%. Oarsman Capital Inc. raised its position in shares of Colgate-Palmolive by 15.1% in the first quarter. Moreover, Lazard Asset Mngmt Ltd Com has 0.01% invested in Cardinal Health Inc (NYSE:CAH). (NASDAQ:CA). Ajo L P stated it has 3.80 million shares or 0.5% of all its holdings.