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Finance

There was also a small rise in new applications for unemployment benefits last week amid a tightening job market. "Draghi remained dovish at the last meeting, arguing that there is no hurry to discuss tapering and that the Governing Council has shown in the past that it will find the means to do more if the inflation outlook is not in line with the ECB's self-imposed "aim", Anatoli Annenkov, senior European economist at Societe Generale (PA:), wrote in a note.
  • Insider Trading at Baxter International Inc.?

    Finance

    It has underperformed by 25.94% the S&P500. 16 analysts on average are expecting Baxter International Inc .to report earnings of $0.6 per share for the current quarter. Investors sentiment increased to 0.87 in 2016 Q4. Its up 0.02, from 1.12 in 2016Q3. It is positive, as 75 investors sold BAX shares while 307 reduced holdings.
  • Oil prices down as U.S. reels from Harvey

    Oil prices down as U.S. reels from Harvey

    Finance

    USA gasoline futures this week briefly hit $1.91 a gallon, the highest since July 2015, after the outages. The widespread disruption in the U.S. Gulf Coast has lifted the average price of a gallon of gasoline by 10 cents to $2.449 on Thursday, according to AAA .
  • Observing Technical Chart Values for Patterson-UTI Energy, Inc. (PTEN)

    Observing Technical Chart Values for Patterson-UTI Energy, Inc. (PTEN)

    Finance

    Litinsky held 1.05 million shares of the public utilities company at the end of 2016Q4, valued at $21.95M, up from 875,000 at the end of the previous reported quarter. Scotia Capital maintained it with "Hold" rating and $30 target in Thursday, March 23 report. Company is therefore mostly financed by equity capital. Citigroup maintained the shares of PXD in report on Friday, July 21 with "Buy" rating.
  • Flipkart fashion arm Myntra says private labels post operating profit

    Flipkart fashion arm Myntra says private labels post operating profit

    Finance

    Myntra now runs 13 private labels, of which, Roadster is the largest worth about USD100 million, followed by Mast & Harbour, and HRX that are worth about Rs 170 crore. Myntra's private labels, which were launched on Jabong about 15 months ago, also accounted for almost 7-8% of its total sales, Narayanan said. Over the coming months, Myntra is expected to host at least another one or two of these full-price sale events.
  • Harvey threatens more U.S. oil refineries after heavy rains

    Harvey threatens more U.S. oil refineries after heavy rains

    Finance

    It can take weeks or even months to get new electrical equipment and other parts installed to fix damage from flooding. "It will be a while before operations can return to normal and the US refining industry is bracing itself for an extended shutdown", Stephen Brennock of oil broker PVM said.
  • Local gasoline prices may increase in hurricane aftermath

    Local gasoline prices may increase in hurricane aftermath

    Finance

    Gasoline and oil futures, however, were steady Tuesday morning. Now that Harvey has moved east, making a second landfall near the Texas-Louisiana border on Wednesday, Valero Energy Corp., Citgo Petroleum Corp. Outside of the immediate impact from Harvey, last week saw another decline in US exploration and production activity. Both production and distribution of crude oil was largely unaffected by the damage inflicted by the hurricane, Friedman remarked.
  • Harvey could reset Atlantic basin oil trades

    Harvey could reset Atlantic basin oil trades

    Finance

    Now tropical storm Harvey has ravaged Houston , home to several major USA refineries, and other parts of Texas. Kloza said retail prices haven't gone up more significantly because gas stations "don't want to be the evil guy who raises prices during the storm".
  • Gas Prices Rising In The Wake Of Hurricane Harvey

    Gas Prices Rising In The Wake Of Hurricane Harvey

    Finance

    The Texas coast, home to almost one-third of the USA oil refining capacity, has been ravaged by the most powerful hurricane to hit the state since 1961. The largest refinery by capacity in the US, a facility jointly run by Royal Dutch Shell and Saudi interests, in Port Arthur, Texas, could be shut later Tuesday as it lies near the border of Louisiana.
  • Liberty Interactive Corporation (NASDAQ:QVCA) Sees Unusual Trading Volume in Its Shares

    Finance

    Among 30 analysts covering Hewlett-Packard ( NYSE:HPQ ), 16 have Buy rating , 0 Sell and 14 Hold. Therefore 18% are positive. HCA Holdings had 63 analyst reports since August 6, 2015 according to SRatingsIntel. Davis Jana Joustra sold $705,836 worth of stock or 8,302 shares. Ciena Corporation is a network strategy and technology company, which provides solutions that enable a range of network operators to adopt communication architectures and deliver an array of services, relied upon by ...
  • North Korea tensions send European shares to six-month low

    North Korea tensions send European shares to six-month low

    Finance

    Preliminary numbers due later this session are expected to show euro zone inflation rose 1.4 percent in August, up from 1.3 percent last month. The U.S. The greenback pared gains slightly after US President Donald Trump dismissed any diplomatic negotiations with North Korea, saying "talking is not the answer".
  • This is How Hurricane Harvey Is Driving the Price of Gas

    Finance

    Still, oil was down 6% for the month. About 4.2 million barrels of USA refining capacity have been shut by Harvey, based on company reports and Reuters estimates. "In terms of product price increases, it might get worse before it gets better", said Rob Smith, an energy analyst with IHS Markit. Michael Tran, a commodity strategist at RBC Capital, said Harvey's impact is bearish for crude from a demand perspective, given that roughly 2 million barrels a day of refining capacity remains ...
  • Harvey Concerns Weigh on Oil Prices Despite Bullish EIA Data

    Finance

    The poll was carried out before Hurricane Harvey hit USA shores, curtailing US refining by a fifth and disrupting offshore production. Gasoline inventories rose marginally on the week with a 0.9% annual decline while distillate stocks rose 0.7 million barrels on the week with a year-on-year decline of 3.6%.
  • Harvey Causes Ohio Gas Prices to Spike

    Harvey Causes Ohio Gas Prices to Spike

    Finance

    Casselano said Corpus Christi is home to five refineries and splitters, accounting for 4.2 percent of total USA oil refining capacity, including Valero, Flint Hills, CITGO, Magellan and Buckeye. Restarts following a storm are often the most risky times for refiners, though the Corpus area received much less rain than the Houston metro area.
  • Analyst Buzz: H&R Block, Inc. (HRB)

    Finance

    It has outperformed by 10.53% the S&P500. Wright now owns $1,247,548 of stock as reported to the SEC. In active stocks tendency on the balance, may tend to be more trouble than they're worth. It has a 12.72 P/E ratio. Assisted income tax return preparation and related services are provided by tax professionals through a system of retail offices operated directly by the Company or its franchisees.
  • Technical Chart Situation for Lululemon Athletica Inc. (LULU)

    Finance

    Three investment analysts have rated the stock with a sell rating, nineteen have assigned a hold rating, eighteen have assigned a buy rating and one has given a strong buy rating to the company. Lululemon Athletica inc. (NASDAQ: LULU ) has declined 19.33% since August 31, 2016 and is downtrending. A number of institutional investors have recently added to or reduced their stakes in LULU .
  • Air Canada Announces New Flights From Vancouver On The Dreamliner Aircraft

    Air Canada Announces New Flights From Vancouver On The Dreamliner Aircraft

    Finance

    Air Canada will be providing new Boeing 787 Dreamliners for the service connecting passengers to Vancouver Airport, which Skytrax have named North America's best for eight years running. Air Canada said it would use a three class configuration in business class , premium economy and economy for the flights. All Australia flights are timed to connect to and from Adelaide, Canberra, Perth and to Tasmania with codeshare partner Virgin Australia.
  • Stocks To Invest: Nutanix, Inc. (NTNX), Kennametal Inc. (KMT)

    Stocks To Invest: Nutanix, Inc. (NTNX), Kennametal Inc. (KMT)

    Finance

    Zacks Earnings ESP (Expected Surprise Prediction) looks to find companies that have recently seen positive earnings estimate revision activity. Market capitalization is calculated by multiplying a company's shares outstanding by the current market price of each share.
  • Active Volume Stock: Hecla Mining Co. (HL)

    Finance

    It has underperformed by 14.21% the S&P500. The stock's last price was lower from the average trading price of 50 days recorded at $104.93 while enlarging the period to 200 trading days, the average price was $107.42. Hecla Mining's dividend payout ratio (DPR) is 7.69%. Wall Street analysts are predicting that Noble Corp (NYSE:NE) will report earnings per share of $-0.37 in their quarterly report.
  • Francesca's Holdings Corp (FRAN) EPS Estimated At $0.16

    Finance

    Francesca's Holdings Corporatio shares had a trading volume of 1,287K by the end of trading on Wednesday. It has outperformed by 11.16% the S&P500. The company has market cap of $276.94 million. As of the latest earnings report the EPS was $1.04 and is expected to be $0.99 for the current year with 37,123,000 shares outstanding. Clarivest Asset Mngmt Ltd Limited Liability Company accumulated 24,947 shares.
  • Stock is unchanged at $104.97 (UNP) Union Pacific Corporation CFO Rob Knight…

    Stock is unchanged at $104.97 (UNP) Union Pacific Corporation CFO Rob Knight…

    Finance

    American National Bank now owns 1,432 shares of the railroad operator's stock valued at $152,000 after buying an additional 1,265 shares during the period. Finally, Canada Pension Plan Investment Board boosted its position in Union Pacific Corporation by 20.1% in the first quarter. The fund owned 10,827 shares of the railroad operator's stock after buying an additional 450 shares during the period.