Money


Oil Stocks Collapsing Under the Crude Selloff
- May 01, 2017

US crude stocks fell 1 million barrels in the latest week, according to the US Energy Information Administration , less than anticipated. The gasoline inventory rose by 1.4 million barrels as refinery runs increased by 334,000bpd in the US. (more...)
Hot Stock to Watch: Ocean Power Technologies, Inc. (OPTT)
- May 01, 2017

The stock stands almost -6.34% off versus the 52-week high and 417.65% away from the 52-week low. The number of shares now held by investors is 6.17 Million. (NASDAQ:OPTT) stock went gone down with a prior 52-week high of $15.65.During the session shares traded on above-average volume. The overall volume in the last trading session was 2.83 million shares. (more...)
Examining Consequences Of Australia's 457 Visa Abolition: Centre Examining Consequences Of Australia's 457 Visa Abolition: Centre
- May 01, 2017

The old visa programme will now be replaced with two new schemes that will put restrictions and make the laws stringent than earlier. Malcolm Turnbull's citizenship crackdown, to be announced on Thursday, comes just two days after the prime minister outlined an overhaul of the 457 temporary foreign worker visa system. (more...)
Trump says NAFTA deal with Canada, Mexico, is 'very possible' Trump says NAFTA deal with Canada, Mexico, is 'very possible'
- May 01, 2017

Trump tweeted that the leaders of Canada and Mexico agreed to re-negotiate NAFTA. In 2016, the USA exported more than US$20.5 billion in agricultural goods to Canada, or 15 per cent of all American farm exports, with prepared foods first among them, followed by fruits and vegetables. (more...)
Ladbrokes Coral Group PLC Plans Dividend of GBX 2 (LCL) Ladbrokes Coral Group PLC Plans Dividend of GBX 2 (LCL)
- May 01, 2017

The ETF has market cap of $11.73 billion. The Firm operates through three divisions: Turner, which consists of cable networks and digital media properties; Home Box Office, which consists of premium pay television and over the top services and premium pay, basic tier television and OTT services internationally, and Warner Bros., which consists of television, feature film, home video, and videogame production and distribution. (more...)
Ousted Fox host O'Reilly could get $25 mn Ousted Fox host O'Reilly could get $25 mn
- April 30, 2017

It is ironic that after 20 years of hosting the "No Spin Zone", Bill O'Reilly would be the final one to spin a story. O'Reilly "Factor" fans are even "threatening to boycott Fox News as a form of protest", announced Young Turks guest commentator Hannah Cranston on Thursday. (more...)
Australian visa 457: Indians IT workers make up almost 16% of applicants Australian visa 457: Indians IT workers make up almost 16% of applicants
- April 30, 2017

Crucially for Indians hoping to use the 457 route, the new two-year visa can not be used as a pathway to permanent residency. US President Donald Trump who has tightened the screws on H-1B visa programme with the slogan of "Americans First" looks to have inspired the Australian govt.to implement similar chauvinistic measures. (more...)
What's Happening To These Stocks? - Sandstorm Gold Ltd. (SAND), EnteroMedics Inc. (ETRM)
- April 30, 2017

If the share price is now hovering near the 52 week low and the value is achieved in the current past then it can suggest that the price of the shares is likely to go up. Sandstorm Gold's rating score has improved by 12.3% in the last 90 days as a result of various analysts' ratings changes. The volume of the particular stock is the shares bought and sold in a single trading day. (more...)
Oil down slightly in subdued trade after failed North Korean missile test Oil down slightly in subdued trade after failed North Korean missile test
- April 30, 2017

ET). Gasoline stockpiles climbed 1.54 million bbl last week, surprising analysts surveyed by Bloomberg who projected the Energy Information Administration data would show a 2-million-bbl decrease. OPEC and non-OPEC producers agreed in December to cut supplies for six months, helping lift oil prices to about 55 dollars a barrel after a two-year slump. (more...)
Rexahn Pharmaceuticals, Inc. (RNN) Under Analyst Spotlight
- April 30, 2017

The stock has a 50 day moving average of $0.47 and a 200-day moving average of $0.25. This is a near-term outlook for the coming 12-18 months. Generally speaking, earnings are expected to hold steady in coming quarters. For RNN, the company now has $11.58 Million of cash on the books. The ROA ratio is calculated by comparing net income to average total assets, and is expressed as a percentage. (more...)
Amazon's shares at all-time high after stellar Q1 result Amazon's shares at all-time high after stellar Q1 result
- April 30, 2017

Some investors were also anxious about the huge investments the business has made in recent times. Bartlett & Co. LLC increased its stake in shares of Amazon.com by 7.1% in the third quarter. Quarterly revenues were above the guidance range of $33.25-$33.75 billion. Alphabet Group - Google's parent company - increased its headcount by 9,877 employees to 73,992 staff since the same period past year. (more...)
Thailand father films himself killing daughter on Facebook Live Thailand father films himself killing daughter on Facebook Live
- April 30, 2017

The disturbing video showed Wuttisan tying a rope around his daughter Natalie's neck, and then dropping the child from the rooftop of an abandoned building in Phuket , Thailand. "We will not be able to press charges against Facebook , because Facebook is the service provider and they acted according to their protocol when we sent our request". (more...)
Gerdau SA (GGB) Given Consensus Rating of "Hold" by Analysts
- April 30, 2017

Following U.S. election volatility some analysts have updated their recommended target prices on shares of Gerdau S.A. (NYSE:GGB). In case of Revenue Estimates, 2650000 analysts have provided their consensus Average Revenue Estimates for Gerdau S.A.as 1000. (more...)
Panel moots changes in 7th CPC allowances to some services Panel moots changes in 7th CPC allowances to some services
- April 30, 2017

Government employees protested the recommendations of the Seventh Pay Commission, following which the Narendra Modi government formed a committee under Finance Secretary Ashok Lavasa to review the suggestions. It also interacted with the representatives of the Defence Forces, DGs of Central Armed Police Forces (CAPFs) namely CRPF, CISF, BSF, ITBP, SSB, and Assam Rifles as also senior officers from IB and SPG to understand the viewpoint of their personnel. (more...)
Deutsche Bank to move about 4000 jobs out of UK Deutsche Bank to move about 4000 jobs out of UK
- April 30, 2017

German banking giant Deutsche Bank AG ( DB ) reported Thursday significantly higher profit in its first quarter, mainly reflecting lower expenses and provision for credit losses. Two Sigma Investments LP boosted its position in shares of Deutsche Bank AG by 97.5% in the fourth quarter. It beat an average of analysts' forecasts in a Reuters poll of 522 million euros. (more...)
United Kingdom economy grows by only 0.3% United Kingdom economy grows by only 0.3%
- April 30, 2017

The slowdown primarily reflected slower consumer spending, which grew at a seasonally adjusted annual rate of 0.3 percent after a growth rate of 3.5 percent in the fourth quarter. That would be up from 1.6 percent in 2016, the slowest expansion in five years. Friday's figure is a first estimate and could be revised in the coming months. (more...)
InterCloud Systems, Inc.'s (ICLD)
- April 29, 2017

The company moved in the past week with shift of 8.80%. Over the last three months, the shares of the company have changed -5.44% and performed -12.26% over the last six months. The stock closing price is now trading upward to its 50 day moving average with change of 4.14%, escalated to its 20 day moving average with figure of 8.35% and behind its 200 day moving average with value -9.89%. (more...)
Terry Gou filmed leaving White House Terry Gou filmed leaving White House
- April 29, 2017

Additionally, the Nikkei report estimated Foxconn's move to US would lead to higher costs and thinner margins for a company's business model based on receiving electronic component outsourcing orders from global brands. Asked if he had met with Trump, Gou said: "I don't want to say yes or no". TVBS television showed Gou entering and leaving one of the entry gates of the White House with senior company executives including Tai Jeng-wu, Foxconn vice chairman and chief of Japan's Sharp, ... (more...)
Cenovus Energy Inc (CVE) Shares Sold by Canal Insurance CO Cenovus Energy Inc (CVE) Shares Sold by Canal Insurance CO
- April 28, 2017

The stock was purchased at an average price of C$11.20 per share, for a total transaction of C$56,000.00. Price Target plays a critical role when it comes to the analysis of a Stock. If we take a look at back 3 month ago, consensus EPS estimate was $-0.07. Thus the company showed an Earnings Surprise of 1066.7 Percent. Barclays Capital downgraded Cenovus Energy Inc (USA) (NYSE:CVE) on Monday, October 12 to "Underweight" rating. (more...)
Rupee gains 12 paise against United States dollar Rupee gains 12 paise against United States dollar
- April 28, 2017

Angel Broking believes the USD-INR spot is likely to trade in a range-bound manner on Friday as the forthcoming long weekend would stop traders from carrying forward any positions. economy. The RBI, meanwhile, fixed the reference rate for the dollar at 64.0013 and for the euro at 70.0430. Indian rupee has declined against U.S. (more...)