Monday February 27-th, 2017

Oil clings to gains as stockpiles rise for seventh week Oil clings to gains as stockpiles rise for seventh week

On Thursday, it ended at its highest level since July 2015. "Dancing contango is now not a profitable thing to do, so we've sold out", said one oil trading manager who, until recently, held crude stored in a tanker. Supply watch: While the amount o...

What to watch for in Warren Buffett's Berkshire Hathaway letter What to watch for in Warren Buffett's Berkshire Hathaway letter

Berkshire on Saturday also said fourth-quarter profit rose 15 percent from a year earlier, as gains from investments and derivatives offset lower profit from the BNSF railroad and other units. The longtime Democrat also refrained from directly commen...

Heroin Overdoses In US Surge 25 Percent Since 2010 Heroin Overdoses In US Surge 25 Percent Since 2010

Rates of fatal drug overdoses have dramatically increased since 1999, rising from 6.1 deaths per 100,000 people to 16.3 deaths per 100,000 in 2015, according to the CDC report . There were 12,989 overdose deaths involving heroin in 2015, accordi...

Jrp Group reiterated as Buy By Numis Securities

The company presently has an average rating of Hold and a consensus target price of $392.12. Haitong Bank reaffirmed a buy rating and set a GBX 560 ($6.98) target price on shares of BT Group plc in a research report on Thursday, January 5th.

Revenue Estimates Analysis of: Whiting Petroleum Corp. (NYSE:WLL)

Whiting Petroleum Corp. (NYSE:WLL) now has a consensus Price Target of $14.22. Analysts have a mean recommendation of 2.50 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" withi...

Oscars 2017: A viewer's guide to the Academy Awards Oscars 2017: A viewer's guide to the Academy Awards

He was the first black person to be nominated for (and 6 years later, win ) Best Actor; the first black male to win the Oscar; the first to receive two nominations; and the youngest to win Best Actor. We certainly do not know which of the abov...

Summit Materials, Inc. (NYSE:SUM)

Summit Materials, Inc . ( SUM ) failed to surprise the stock market in its last reported earnings when it earned $0.21 a piece versus the consensus-estimated $0.25. Several other large investors have also recently added to or reduced their stakes in ...

President Trump described moves to deport undocumented immigrants as President Trump described moves to deport undocumented immigrants as "military operation"

Vasquez of Austin, Texas, chairman of the US bishops' Committee on Migration, said the provisions in the memos "will harm public safety rather than enhance it" since the trust that "currently exists between many police departments and immigrant com...

U.S. oil slips as stockpiles rise for seventh week U.S. oil slips as stockpiles rise for seventh week

However, swelling US inventories and signs of increased resurgent drilling activity have capped prices. The rise in US production can be seen through the weekly Department of Energy Data that has seen a sharp rise and can be seen on the chart below...

Analysts Estimates and Ratings: Spirit Realty Capital, Inc. (NYSE:SRC)

The stock's 50 day moving average price is $10.80 and its 200 day moving average price is $11.76. Several hedge funds and other institutional investors have recently made changes to their positions in SRC. SRC has been the topic of several recent a...

Nissan chief executive Carlos Ghosn quits Nissan chief executive Carlos Ghosn quits

This planned management evolution follows Ghosn's leadership of the recent expansion of the Renault-Nissan Alliance to include Mitsubishi Motors , which positions the Alliance among the top automotive groups in terms of scale. "I am committed to sup...

US Jewish community centres receive bomb threats US Jewish community centres receive bomb threats

Jewish community centers in at least four USA states were targeted with bomb threats on Monday, in what appears to be the fourth wave of such disruption in less than two months. "There's been a report out that 48 bomb threats have been made agains...

Initial jobless claims rise more than expected Initial jobless claims rise more than expected

The figure was higher than the forecast from economists polled by Reuters that predicted 241,000 claims. Claims for the week ended February 11 were revised down to 238,000 from 239,000. By one measure layoffs in the US are the lowest since mid-1973...

#deleteuber: Uber writes to users abandoning service #deleteuber: Uber writes to users abandoning service

The blog prompted a storm of criticism of the company and an apology from its CEO Travis Kalanick, who described the alleged behaviour as "abhorrent". Kara Swisher agrees Kalanick "has done douche as a tactic very well indeed" in her post for Recode...

Ireland Wants Possible Unification Provision Included in Brexit Deal Ireland Wants Possible Unification Provision Included in Brexit Deal

Mr Kenny said he wants to transpose language from the Good Friday Agreement directly into the Brexit deal so that "Northern Ireland would have ease of access to join as a member of the European Union again". "I wanted to reassure each and everyone in...

Oh Look, Another City Passed on Hosting the 2024 Olympics Oh Look, Another City Passed on Hosting the 2024 Olympics

So far four cities, including Boston, Hamburg and Rome , have dropped out despite a string of changes agreed back in 2014 to make the Olympics more attractive. Many other venues are empty and in disrepair. "I hope people don't feel it is the only ...

Norwegian fares put pressure on transatlantic rivals Norwegian fares put pressure on transatlantic rivals

British Airways-owner IAG (ICAG.L) is planning to start low-priced transatlantic flights from Barcelona this year and CEO Willie Walsh said this month that the Norwegian carrier's model had pushed IAG to look at new ways to operate. Norwegian Air wi...

Court applies temporary halt to Vodafone NZ, Sky TV merger

The merger is due to be decided by the regulator on Thursday. But the New Zealand High Court is being asked to "stay" a possible decision on approving the deal by local telco Spark New Zealand. Dr Berry told a media briefing that to grant clearance...

Is A March Rate Hike In The Cards? Is A March Rate Hike In The Cards?

In its first meeting since Trump took office, the policy-setting Federal Open Market Committee said it continues to expect to need only "gradual adjustments" in interest rates to hit the two percent inflation target. Those expectations and the pros...

Amazon lowers the price of free shipping Amazon lowers the price of free shipping

Amazon has just cut the minimum order for free shipping to $35, down from $49. Amazon's free shipping orders range at about five- to eight-day shipping. Approximately 44 percent of United States households are already Amazon Prime subscribers....

Wal-Mart earnings fall as it battles with Amazon Wal-Mart earnings fall as it battles with Amazon

Over all for the period that ended in January, Wal-Mart reported a profit of $3.76 billion, or $1.22 a share, compared with $4.57 billion, or $1.43 a share, in the year-earlier quarter. Popeyes Louisiana Kitchen (PLKI.O) jumped 19 percent to $78.80 a...

Home Depot Beat Earnings Estimates Home Depot Beat Earnings Estimates

The shares rose 2.8 percent to $146.95 at 6:27 a.m.in early trading in NY. In Q4 2016, Home Depot earned $1.44 per share on revenue of $22.2 billion. Wedbush reiterated a "neutral" rating and issued a $145.00 price target on shares of Home Depot...

Kraft calls off £115bn pursuit of Unilever after 55 hours Kraft calls off £115bn pursuit of Unilever after 55 hours

Kraft reportedly withdrew its offer because it felt it was too hard to negotiate a deal following the public disclosure of its bid so soon after its approach to Unilever . The American group is nevertheless mainly active in the food industry, with...

Bao Bao the Smithsonian panda moving to China Bao Bao the Smithsonian panda moving to China

Some keepers have dubbed her the "miracle" giant panda. Bao Bao began her journey to China this morning with her trainer Marty Dearie and a veterinarian. The American team will follow, and Dearie will remain with Bao Bao for three days while she ac...

Global arms trade is flourishing, according to think tank Global arms trade is flourishing, according to think tank

In 2012-16, Saudi Arabia's arms imports increased by 212 percent compared with the previous five years, accounting for 8.2 percent of global arms imports. Overall, the volume of global transfers of major weapons has grown steadily since 2004, the...

Iran dismisses new United States pressure, calls for 'mutual respect' Iran dismisses new United States pressure, calls for 'mutual respect'

Never particularly anxious about having a justification and always eager to take new hostile action against Iran as a matter of routine, Congressional hawks say they intend to impose a new round of sanctions on top of the Trump sanctions against Iran...

Man with 'serious leg injuries' after shark attack in Far North Qld Man with 'serious leg injuries' after shark attack in Far North Qld

One of the friends, who has previous experience in the military, applied vital first aid before the victim was airlifted to Cairns Hospital in a critical but stable condition. Mr Dickson was attacked by what was believed to be a tiger or bull shark, ...

Wegmans stores sold out of Trump wines: Did boycott threats backfire? Wegmans stores sold out of Trump wines: Did boycott threats backfire?

Never mind that Wegmans introduced Trump-brand wines when the winery was owned by another vintner as part of the chain's ongoing effort to purchase locally. area. "For example, our two Richmond stores had completely sold out". Although he promised ...

Important Detailed Discussion about Northern Dynasty Minerals Ltd.'s (NAK) Important Detailed Discussion about Northern Dynasty Minerals Ltd.'s (NAK)

A lower P/B ratio could mean that the stock is undervalued. Historically, if we look at price target revisions, two weeks ago Northern Dynasty Minerals Ltd (NYSEMKT:NAK)'s price target was revised on 12/21/16 by the analysts, however the bullish ...

Minnows Lincoln stun Burnley in FA Cup Minnows Lincoln stun Burnley in FA Cup

Sean Raggett scored an 89th-minute victor as National League outfit Lincoln became the first non-Football League club to reach the FA Cup quarter-finals since 1914. Burnley lost Johann Berg Gudmundsson to injury after a poor challenge from Power, ...

Chelsea hit FA Cup quarter finals Chelsea hit FA Cup quarter finals

Conte also praised Wolves , who made life very hard for Chelsea , before Pedro and Diego Costa scored in the second half. " Wolves have already done spectacularly well to win at Stoke and Liverpool on their way to this, their first fifth-round...

ScanSource Named to FORTUNE Magazine's 2017 List of 'World's Most Admired Companies'

The top-rated companies were picked from that pool of 680; the executives who voted work at the companies in that group. Companies on the list with a large presence in Iowa include No. Besides being the most admired company on the planet, Apple is al...

Current and former Argos workers in line for payout

The retailer said a routine visit by Her Majesty's Revenue and Customs (HMRC) had uncovered that workers had not been paid for time spent in staff briefings before their shifts began and during security checks after their shifts. Excuses for paying l...

Lawmakers grill Yellen on interest rates, regulatory policy

In addition, Boston Fed President Eric Rosengren, a long-time dove who last year switched tack and began pushing for tighter monetary policy said the central bank may need to raise interest rates a bit more aggressively than the thrice-per-year pac...

HDFC Bank market cap sails past Reliance Inds on FII buying HDFC Bank market cap sails past Reliance Inds on FII buying

Indian markets ended higher on Thursday snapping earlier losses. The total turnover on BSE amounted to Rs 3,742.33 crore, higher than Rs 2,618.23 crore registered during the previous trading session. Among BSE sectoral indices, healthcare rose by 1.6...

USA

IN CASE YOU MISSED IT