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OPEC agrees to extend production cuts

OPEC and other oil nations meeting Thursday, May 25 appeared set to extend their production cuts in an effort to shore up prices. Oil's earlier price decline, which started in 2014, forced Russian Federation and Saudi Arabia to tighten their belts and led to unrest in some producing countries including Venezuela and Nigeria. Read More »

Stars align against crude oil prices as $50 comes under threat

The International Energy Agency (IEA) is also predicting that oil demand will accelerate in the second half of 2017, increasing by 1.9 million bpd versus the first half of the year. The bullish U.S. inventory data provided some relief after a week of negative news on the global supply-demand balance. It's no wonder, then, that global oil prices have remained subdued and even announcements like the 6.4-million-barrel draw in US oil inventories that the EIA announced yesterday have failed ... Read More »

Donald Trump and Angela Merkel 'get along very well': White House

U.S. president Donald Trump's announcement that the USA will pull out of the Paris Agreement was met nearly exclusively with disagreement and worry. "That's not what she said ". American carmakers, on the other hand, employ 4,000 in the Volunteer State - or 28 percent as many as Mercedes, VW, Nissan and Toyota. Read More »

Shares in Union Pacific Co. (UNP) Acquired by Adviser Investments LLC

About shares traded. United Parcel Service, Inc. Community Bank of Raymore's holdings in Union Pacific were worth $2,083,000 at the end of the most recent quarter. Parnassus Investments Ca has invested 2.89% in Motorola Solutions Inc (NYSE:MSI). This increase is typical for the uptrend and shows the considerable optimism among investors. Read More »

India Committed To Protecting Climate With Or Without Paris: PM Narendra Modi

The US now joins Nicaragua and Syria as the only non-participants to the accord, signed by 195 nations including Washington in Paris in December 2015 to combat climate change. He recalled that in Berlin earlier this week, he had said, "Whether Paris or no Paris , our conviction is to protect environment". Modi addressed the large gathering of business leaders at the Forum, where India was the guest country for the first time. Read More »

Will President Trump provide the next trigger to boost oil prices?

Gasoline stockpiles fell by 2.9 million barrels, while distillate stockpiles were up 400,000 barrels last week, according to the EIA. The Organisation of Petroleum Exporting Countries oil output rose in May, the first monthly increase this year, a Reuter's survey found on Wednesday, as higher supply from two OPEC states exempt from a production-cutting deal, Nigeria and Libya , offset improved compliance with the accord by others. Read More »

SK Innovation sees oil prices staying low, eyes USA crude

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President Trump announced on Thursday that he was abandoning the Paris climate pact, weakening attempts to battle global warming, causing dismay and disapproval from world leaders and heads of the industry around the globe. Investors have returned their focus to rising production, with USA average daily output last week hitting its highest level since August 2015. Rising output from Nigeria and Libya is further undercutting the oil producers' attempt to limit oil production. Read More »

Windstream Holdings Inc (WIN) Announces Earnings Results

However the company reported $0.01 earnings per share for the same quarter during a year ago. While looking at the Stock's Performance, Windstream Holdings, Inc. Aperio Group LLC boosted its stake in Windstream Holdings by 21.6% in the third quarter. The Stock now has a Weekly Volatility of 3.90% and Monthly Volatility of 5.19%. Read More »

Are Analysts Bearish Rank Group PLC (LON:RNK) After Last Week?

The company has market cap of 865.75 million GBP. Employees Retirement Association Of Colorado invested in 32,923 shares or 0.02% of the stock. It is down 1.84% since June 1, 2016 and is uptrending. Among 14 analysts covering Entergy Corporation ( NYSE:ETR ), 2 have Buy rating, 4 Sell and 8 Hold. Qci Asset Incorporated invested in 0% or 12 shares. Read More »

Mayors come out against Trump's Paris catastrophe

As a mayor that has served through annual natural disasters and been left to figure out a way to afford the clean-up, we must take climate change very seriously. is the world's second largest polluter ) are keeping their side of the deal and are much more ambitious than the US. "So if a locality, a municipality, or state wants to enact a policy that their voters or their citizens believe then that's what they should do", White House spokesman Sean Spicer said. Read More »

Gradient Investments LLC Raises Stake in Philip Morris International Inc. (PM)

Columbus Hill Capital Management Lp bought 943,427 shares as the company's stock declined 1.04% while stock markets rallied. It has underperformed by 0.05% the S&P500. It also reduced Micron Technology Inc (Prn) stake by 500,000 shares and now owns 2.40M shares. One analyst has rated the stock with a sell rating, five have assigned a hold rating and nine have issued a buy rating to the stock. Read More »

Blackrock New York Municipal 2018 Term Trust Stock as Institutional Investors Enter

Fil Ltd increased Albemarle Corp (ALB) stake by 86.01% reported in 2016Q4 SEC filing. The company's stock had a trading volume of 73,525 shares. Albemarle Corp now has $12.69 billion valuation. Investors sentiment increased to 1.44 in Q4 2016. Its the same as in 2016Q3. Sold All: 0 Reduced: 1 Increased: 1 New Position: 1. The Trust intends to make monthly distributions of net investment income to common shareholders, after payment of any dividends on any outstanding Auction Preferred Shares ... Read More »

Oil price falls despite OPEC deal extension

Brent crude dropped by $2.60, to $51.36 a barrel, while West Texas Intermediate dropped by $2.58, to $48.78 a barrel. American oil producers have added about 374,000 barrels of oil a day since January 1, but OPEC cut production by 1.8 million barrels a day. Read More »

Buffon rejected Premier League switch

One of Buffon's chief responsibilities at the Principality Stadium will be keeping out Madrid talisman Cristiano Ronaldo , who is chasing a fourth success in the competition and third in four years. I don't feel more important just because I've been through this. The former Tottenham forward has not played since being forced off in the El Clasico against Barcelona on April 23, and while he has been back in full training for a while, Zidane is unlikely to start with the Wales worldwide. Read More »

British Airways disruption continues for third day

He said it was caused by a power surge which "only lasted a few minutes" but had persisted to cause problems because the back-up system had not worked properly. "We know that there have been holidays interrupted, and personal events that have been interrupted, and people waiting in queues for a really long time", he said Monday. Read More »

German envoy to US downplays Trump-Merkel tensions

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If "we Europeans must really take our fate into our own hands" ( as she said after Trump headed home), she'll have to put a lot more money where her mouth is. "... the times in which we can fully count on others", she said , "are, to a certain extent, over, as I have experienced in the past few days". Europe needs to step up its presence on the worldwide stage, for example by bringing about solutions to issues such as the Libya conflict, migration and economic problems ... Read More »

Tiger Woods 'asleep at the wheel' of stopped auto before arrest

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The report stated that Woods was unsure of where he was and told officers that he was coming from Los Angeles and headed to Orange County. The report also reads that Woods was cooperative. "But I'm a fan of Tiger's, I'm a friend of Tiger's, and I feel bad for him". Woods apologised, saying, " I will do everything in my power to ensure this never happens again ". Read More »

Shell Midstream Partners, L.P. (NYSE:SHLX) Reviewed By Analysts

The hedge fund held 2.25M shares of the natural gas distribution company at the end of 2016Q4, valued at $170.03M, down from 4.61M at the end of the previous reported quarter. Wells Fargo downgraded the shares of MMP in report on Wednesday, January 11 to "Market Perform" rating . It has underperformed by 18.39% the S&P500. Read More »

Putin urges end to harmful chatter over Russian meddling

Mr Putin accused the West of carrying out "crude and systematic interference in Russian affairs for many years". Asked about the "fingerprints", IP addresses allegedly belonging to Russian hackers, he said those could have been easily rigged and couldn't stand as credible evidence. Read More »

Energy Transfer Partners, L.P. (ETP) Going Through Hard Times This Year

ENERGY TRANSFER PARTNERS (ETP) reported earning per shares for the quarter ending May 24, whereas, 10 number of analysts estimated the mean EPS at 0.16. More notable recent Energy Transfer Equity LP (NYSE:ETE) news were published by: Zacks.com which released: "Are Options Traders Betting on a Big Move in Energy Transfer (ETE) Stock?" on June 02, 2017, also Finance.Yahoo.com with their article: "Energy Transfer Equity Reports First Quarter Results" published on May 03, 2017, Businesswire.com ... Read More »

Arrow Global Group (LON:ARW) Analyst Target Prices

Finally, Beaufort Securities reiterated a "hold" rating on shares of AstraZeneca plc in a report on Monday, April 3rd. On Thursday, January 12 the stock rating was maintained by Berenberg with "Buy". The firm also recently announced a dividend, which will be paid on Thursday, August 3rd. Barclays Capital maintained Persimmon plc (LON:PSN) on Tuesday, February 28 with "Equal-Weight" rating. Read More »

Spitfires beat Otters 4-2 to advance to Memorial Cup final

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Thomas Chabot and Joe Veleno also scored for Saint John. Erie found their footing in the beginning of the second period, changing the tide back into their favor. The last Memorial Cup Final to have two teams from the same league was the Vancouver Giants vs Medicine Hat Tigers (WHL) in 2007. Windsor had plenty of jump right from the opening faceoff and Gabriel Vilardi forced a turnover behind the Erie net and fed Jeremiah Addison in the slot, who beat Troy Timpano to put the Spitfires ... Read More »

Next Weeks Broker Price Targets For Barrick Gold Corporation (NYSE:ABX)

Goldman Sachs upgraded Medtronic plc. One obvious way to identify high earnings per share growth companies is to find companies that have demonstrated such growth over the past 5 to 10 years. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.74%. Royal Bank of Canada restated an "outperform" rating on shares of Barrick Gold Corp in a research note on Monday, April 24th. Read More »

Putin: US forced North Korea to obtain Nukes

Putin said that economic restrictions against Russian Federation have had "zero effect", predicting that the current strain in relations will ease, because "it's counterproductive and harmful for all". "Trying to spy on your allies, if you really consider them allies and not vassals, is just indecent", said Putin. "With the United States , do you have (close relations)?", he said, speaking through an interpreter. Read More »