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Oil price tumbles on fears of oversupply

Crude oil prices plunged to their lowest level in five months Thursday, erasing all of their gains since OPEC and Russia's decision to cut their output levels on November 30. Those elevated inventory levels have weighed on sentiment in recent weeks, contributing to a sell-off in the oil market that shaved about $8 off the price of benchmark US crude in the last three weeks. Read More »

Gold up on buying, euro strength after Emmanuel Macron's win in France

The euro retreated on Monday from the highs hit on centrist Emmanuel Macron's victory in France's presidential election, with investors taking profit on a roughly 3 per cent gain for the currency since he won the first round two weeks ago. Mitchell said he expected equities to react positively to the result, though only mildly, with markets eyeing June's legislative elections and Macron's pick for prime minister before becoming too elated. Read More »

Hecla Mining (NYSE:HL) reports 1Q17 Profit Surge

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The sale was disclosed in a filing with the SEC, which is available through this link . Corecommodity Mngmt Ltd Liability Corp holds 0% in Hecla Mining Company (NYSE:HL) or 279 shares. (HL) has a trading volume of 7.31 Million shares, with an average trading volume of 7180 shares - with shares dropping to a 52 week low of $3.82, and the company's shares hitting a 52 week high of $ 7.63. Read More »

Forex - Dollar hits fresh 6-week peaks vs. yen, euro sterling gain

According to Investing.com's Fed rate monitor tool, almost 70% of traders expect the Federal Reserve to hike interest rates in June, compared to about only 60% prior to the interest rate decision. The dollar rose to fresh six-week highs against the yen on Thursday, boosted by bets for more rate hikes by the Federal Reserve this year, while the euro and sterling rose , lifted by robust service sector reports. Read More »

New York City Cafe Says Starbucks Stole Its Unicorn Drink

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The End started selling the Unicorn Latte in December, and has had a trademark application for the drink name pending since January, the company said in a Brooklyn federal court complaint filed Wednesday. The End Brooklyn's drink is made with, among other ingredients, cold-pressed ginger and lemon juice, but not coffee or milk. Starbucks responded to the lawsuit, saying the claims are without merit, writes Reuters. Read More »

Advanced Micro Devices, Inc. (AMD) Closed at $10.19

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Among 2 analysts covering Centennial Resource Development ( NASDAQ:CDEV ), 2 have Buy rating , 0 Sell and 0 Hold. Stock has got OUTPERFORM rating from 5 analysts of Thomson Reuters, 14 analysts given HOLD rating to the stock and 2 given UNDERPERFORM rating . Read More »

Comcast, Charter enter exclusive wireless partnership to better compete

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To compete, Philadelphia-based Comcast expects to launch its own wireless plan , Xfinity Mobile, in the next several weeks. A customer traveling from Boston to Washington, D.C. In the telecom equivalent of musical chairs in recent months, rumors have had Comcast buying Sprint or T-Mobile, and Verizon Communications acquiring Comcast or Charter. Read More »

Christina El Moussa Says She and Tarek Strictly Keep It Professional

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We've worked with them for five years. "We've been separated for nearly a year now and we've made a lot of progress in our relationship and we're really focused on the kids". The events leading up to the separation are a bit controversial as the police was once involved in an altercation at their home. News about their split emerged late past year with Tarek officially filing for divorce December. Read More »

U.S. stock indexes inch back from record highs as calm reigns

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The euro hit a roughly six-month high when Macron beat Le Pen and another anti-euro candidate, Jean-Luc Melenchon, in the first round last month. Markets had been rallying for weeks in anticipation of a victory by Emmanuel Macron, and analysts said that left little upside for when the result actually occurred. Read More »

What world leaders say about Macron's victory

Faced with slow economic growth, Eurozone pains, doubts about the European Union, rising anti-globalisation sentiments, the policies of austerity, social tensions, refugee inflows, Islamic terrorism and the like, public dissatisfaction with the present political order is a reality even in France. Read More »

Australia to hold new inquiry into 'Big Four' banks

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The bank was "actively responding to new digital opportunities" it said in its investor presentation today, backing various innovation accelerators, including its internal Hotbox program, fintech space Stone & Chalk and distributed ledger group R3 . Read More »

Sensex Gets Back on Feet, Nifty Takes 9300 on Buying Push

At 11.30 am, the 30-share BSE S&P Sensex was at 29.995.45, up 136.65 points, or 0.5 percent from previous close. The NSE Nifty declined by 74.60 points or 0.80 per cent to 9,285.30 points, while the BSE Sensex closed at 29,858.80 points - down 267.41 points or 0.89 per cent. Read More »

2 killed in small plane crash near Napa County's Lake Berryessa

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Sheriff's officials initially said the crash occurred at about 10 a.m., but now say it was about 9:20 a.m. There were only two people onboard the plane, and both were pronounced dead at the scene, the sheriff's office said. Federal safety investigators are looking into the cause of the crash. Blower said the crash site is inaccessible from land. TM and © Copyright 2017 CBS Radio Inc. Read More »

EU Welcomes Emmanuel Macron's Victory

The new French president will not seek to punish Britain though, said Jean Pisani-Ferry. Prime Minister Bill English welcomed Macron's victory as "good for political stability", adding "it's a result I think a lot of people will see as making a clear path for France". Read More »

Bridgeworth LLC Takes Position in Exxon Mobil Co. (XOM)

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Sandhill Capital Partners LLC's holdings in Exxon Mobil were worth $634,000 as of its most recent filing with the SEC. A number of other institutional investors also recently bought and sold shares of XOM. The business had revenue of $63.29 billion for the quarter, compared to analysts' expectations of $64.88 billion. To make a proper assessment, investors seek a sound estimate of this year's and next year's earnings per share (EPS), as well as a strong sense of how much the company will ... Read More »

Kite Pharma Inc (KITE) Director Sells $2125854.12 in Stock

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Also, EVP David D. Chang sold 20,000 shares of the company's stock in a transaction dated Monday, May 1st. In terms of earnings per share, 15 analysts have a -1.97 EPS mean target for the quarter ending Jun-17, for the quarter ending Sep-17, 15 analysts have a -2.15 EPS mean target and for the quarter ending Sep-17 there are 15 estimates of -8.14 EPS. Read More »

PDC Energy Inc (PDCE) Rating Reiterated by Iberia Capital

The Series B Preferred Stock will be redeemed at a redemption price of $25.00 per share, plus accumulated and unpaid dividends for the period from June 1, 2017 to, but not including, the Redemption Date, in an amount equal to $0.0328125 per share of Series B Preferred Stock, for a total payment of $25.0328125 per share of Series B Preferred Stock, payable in cash, without interest, on the Redemption Date. Read More »

Euro rallies after Macron wins French presidency

As the European anthem "Ode to Joy" played, new French president Emmanuel Macron celebrated victory, and spoke with confidence and awareness about his win, and the road that lies ahead for France. That means many of them may be burdened by the handicap of being largely unknown to voters in constituencies they compete for. "This is a victory for the French people and for European cooperation". Read More »

Rating and Recommendation Roundup: National CineMedia, Inc. (NASDAQ:NCMI)

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The stock stands almost $0.78 off versus the 52-week high of $11.86 and $3.27 above the 52-week low of $7.81. About 2.94M shares traded or 636.76% up from the average. Now it is offering a dividend yield of 10.16% and a 5 year dividend growth rate of 0.93%. Thompson Siegel And Walmsley Ltd Limited Liability Company invested in 828,279 shares or 0.16% of the stock. Read More »

Israel summons Swedish ambassador over support of UNESCO resolution

Pence also sought to reassure the audience that, while compromises will have to be made, Trump "will never compromise the safety and security of the Jewish state of Israel - not now, not ever". Ambassador to Israel David Friedman, left, in the Indian Treaty Room in the Eisenhower Executive Office Building on the White House complex in Washington, Tuesday, . Read More »