Wednesday, 12 December 2018
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IP Group Plc (IPO) Upgraded by Jefferies Group LLC to "Buy"

It has underperformed by 16.70% the S&P500. (AJG) stake by 77.93% reported in 2016Q4 SEC filing. Rhumbline Advisers holds 0.04% or 327,762 shares. PPL Corp (NYSE:PPL) has risen 2.43% since May 25, 2016 and is uptrending. Lyondellbasell Industries N (NYSE:LYB) was raised too. Investors sentiment increased to 0.84 in Q4 2016. Its down 0.03, from 0.82 in 2016Q3. Ameriprise Fincl invested in 0% or 115,569 shares. Read More »

Futures up as Fed minutes show economic growth to pick up


The VIX."fear gauge" of expected volatility in the S&P 500 opened at 9.82, its lowest since May 10. Fed officials said planned spending by President Donald Trump's administration could boost the economy more than now forecast, although the details and timing of the projects "remain highly uncertain". Read More »

Iran sanctions 9 American firms as countermeasure


Iran criticized new United States sanctions on its missile program on Thursday, saying they would undermine a 2015 nuclear deal with world powers. But it balanced the decision with new measures against Iranian defence officials and a Chinese business linked to Iran's ballistic missile programme. Read More »

Census: Texas has 4 of top 5 fastest growing large US cities


By adding 10,000 people to reach a population of 860,090, Ohio's capital surpassed Indianapolis as the nation's 14th most populous city, growing by 1.2 percent. Maricopa County has the highest annual population increase among counties in the US, according to recent census statistics. In 2015, the population dropped an estimated 4,934 people and the year before just 357. Read More »

Marathon Petroleum Corporation (MPC)


It has underperformed by 3.04% the S&P500. (APC) stake by 72.62% reported in 2016Q4 SEC filing. Tortoise Capital Advisors Llc acquired 8,092 shares as Marathon Pete Corp (MPC)'s stock rose 5.52%. Finally, BMO Capital Markets restated a "hold" rating and issued a $17.00 price target on shares of Marathon Oil in a research report on Thursday, April 13th. Read More »

Oil prices down sharply ahead of OPEC announcement


The Federal Reserve's minutes for its May meeting reflected similar concerns expressed in its statement released in early May, when the USA central bank kept its benchmark rate unchanged, highlighting a slowdown in economic activity. Investors see a solid chance of a rate move in June, with pricing in federal funds futures indicating almost an 80 percent chance of an increase. Hang Seng Index was increased by 0.6%, the Shanghai Composite also increasing by 1.43 or 43.7971 points almost ... Read More »

OPEC considering whether to cap Nigerian oil output: delegates


Eleven non-members including Russian Federation joined the original deal in December, bringing total supply-reduction pledges to about 1.8 million barrels a day. Rouhani hasn't indicated yet which cabinet members will keep their jobs, including Zanganeh, the oil minister. "What we didn't need was volatility, we need much more stability which the OPEC deal has given us", the minister said. Read More »

Minute's silence in Cathedral Square as country falls silent for Manchester victims


Grande also released a joint statement with her manager Scooter Braun, telling fans they will "never let evil win" . "I cant say I really liked the man". Those officials also said that Salman Abedi had traveled outside of the United Kingdom and had recently returned. Britain's interior minister, Amber Rudd, said Abedi had recently returned from Libya and her French counterpart, Gerard Collomb, said he had proven links with Islamic State and had probably visited Syria too. Read More »

Asian shares gain, tracking Wall St advance, oil price rally


S&P 500 e-minis were up 7.25 points, or 0.3 percent, with 151,932 contracts traded. Dow Jones closed up by 0.32 percent, S&P 500 ended up 0.44 percent, Nasdaq finished the day up by 0.69 percent. Dow e-minis were up 57 points, or 0.27 percent, with 31,843 contracts changing hands at 8:33 a.m. ET (1233 GMT). Amazon rose $13.03, or 1.3 percent, to $993.38. Read More »

'Demagoguery at the Highest Level': Mulvaney Slams Dems' 'Lies' About Budget

Democrats also took aim at proposed cuts to social programs. In particular, Trump would reduce Medicaid spending by roughly $610 billion over ten years (on top of some $800 billion in cuts that were part of the Obamacare-replacement bill that recently passed the House) and $193 billion in reductions to the food-stamp program. Read More »

Presidential spokesman: Netanyahu's remarks on Jerusalem obstruct peace efforts


They're losers, and we'll have more of them. US President Donald Trump (L) and Palestinian President Mahmoud Abbas deliver remarks after their meeting at the Presidential Palace in the West Bank city of Bethlehem May 23, 2017. But in the months since Trump took office , the White House has consistently muddled its way through the sensitive minefield of Israeli-Palestinian policy, leaving analysts scratching their heads over how much importance to ascribe to sometimes contradictory ... Read More »

An arrest warrant is issued for yoga guru Bikram Choudhury


A California judge on Wednesday issued an arrest warrant for the yoga guru Bikram Choudhury after he failed to pay almost $6.5 million to a former legal adviser in a sexual harassment case. Jafa-Bodden, now 47, sued Choudhury and his West Los Angeles-based Yoga College of India in June 2013, alleging she was sacked in retaliation for complaining about and investigating the harassment of women in his company. Read More »

RSA Insurance Group plc's (RSA) Neutral Rating Reiterated at Citigroup Inc

It has by 0.00% the S&P500. Among 19 analysts covering Royal Mail Plc ( LON:RMG ), 5 have Buy rating, 4 Sell and 10 Hold. Therefore 35% are positive. Apple Inc. designs, manufactures and markets mobile communication and media devices, personal computers, and portable digital music players, and a variety of related software, services, peripherals, networking solutions, and third-party digital content and applications. Read More »

CGOV Asset Management Has $88.92 Million Stake in Starbucks Co. (SBUX)


It has underperformed by 4.22% the S&P500. Bahl & Gaynor reported 12,258 shares stake. Given the stock's recent action, it seemed like a good time to take a closer look at the company's recent data. S&P Research upgraded the shares of SBUX in report on Tuesday, July 28 to "Buy" rating. 80,000 shares valued at $4.71 million were sold by BURROWS CLIFFORD on Thursday, December 8. Read More »

Trump wraps up Israel and West Bank visit, heads to Europe


The U.S. president said that peace is possible "if we put aside the pain and disagreements of the past". Abbas stressed the Palestinian position regarding a two-state solution based on the 1967 borders and a Palestinian state with East Jerusalem as its capital. Read More »

Wall Street gains on upbeat retail results


The retail sector gained 1.6 per cent, its best effort this year, while the energy index fell nearly 2 per cent on news out of the OPEC meeting . Best Buy (BBY.N) jumped more than 22 percent, hitting a record high and making it the top gainer on the S&P, after its comparable sales unexpectedly rose last quarter. Read More »

OPEC extend oil output cut by nine months to fight glut

The price of Brent crude is down to $53.74 a barrel. Other countries in the groups have their own reasons for curtailing oil exports and reducing prices. "U.S. shale producers are going to be saying thank you by increasing supply". OPEC members typically do not comply with quota agreements, and U.S. Read More »

Oil prices tank as OPEC deal on output cuts disappoints traders

In the latter half of 2016, the 24 countries, including the OPEC cartel and Russian Federation, agreed to cut production by 1.8 million barrels per day in order to reduce global oil inventories to the five-year average. Oil prices have risen less than OPEC hoped for from last year's levels. When asked how critical it would be for the oil producing cartel to extend an output reduction deal beyond June, the minister said the "general consensus" among oil producers was stability around the ... Read More »

American Electric Power Company Inc (AEP) Price Target Raised to $70.00

About 838,073 shares traded or 461.91% up from the average. LPL Financial Holdings Inc (NASDAQ:LPLA) has risen 64.23% since May 25, 2016 and is uptrending. MD increased its stake in shares of American Electric Power Company by 22.6% in the third quarter. Finally, Zacks Investment Research lowered American Electric Power Company from a "hold" rating to a "sell" rating in a research report on Friday, April 28th. Read More »

Top House Intel Dem: Flynn Not Cooperating With Russia Probe, Subpoenas Coming

Michael Flynn, former national security adviser, won't honor a Senate Intelligence Committee subpoena. "We will be following up with subpoenas, and those subpoenas will be created to maximize our chance of getting the information that we need", Representative Adam Schiff told journalists at a breakfast sponsored by the Christian Science Monitor . Read More »

Analysts Consensus For Victrex Plc (LON:VCT)


Pinnacle Financial Partners Inc decreased Suntrust Bks Inc (STI) stake by 20.04% reported in 2016Q4 SEC filing. Destination Wealth Management acquired 14,474 shares as Vodafone Group Plc New (VOD)'s stock 0.00%. The company has market cap of 816.24 million GBP. The Firm brings together people, data, analytics and software to deliver a range of services for clients and clients. Read More »

Oil up Thursday before expected extension of OPEC output cut

The Organization of the Petroleum Exporting Countries agreed at a Vienna meeting to carry forward supply cuts through at least next March in order to help balance global supply and demand. That will be welcome news to consumers and energy-hungry businesses worldwide but could continue to strain the budgets of some of the more economically-troubled oil-producing nations, like Venezuela and Brazil. Read More »