Money


Petroleo Brasileiro SA - Petrobras (PBR) has current market capitalization of $58.74 Billion
- September 01, 2017

About 155,963 shares traded or 12.31% up from the average. Automatic Data Processing (NASDAQ:ADP) has risen 15.83% since August 24, 2016 and is uptrending. Lannett had 25 analyst reports since July 21, 2015 according to SRatingsIntel. Wall Street is only getting more bullish on the stock, with 7 of analysts who cover PBR having a buy-equivalent rating. (more...)
Gas Prices To Continue Rise As Key Southeastern Pipeline Runs Intermittently Gas Prices To Continue Rise As Key Southeastern Pipeline Runs Intermittently
- September 01, 2017

The pipeline transports more than 3 million barrels of diesel, gasoline and jet fuel each day from Houston to New York Harbor, making it the main provider for major cities like New York, Atlanta and Washington, D.C. Power outages during Hurricanes Katrina and Rita in 2005 forced the shutdown of parts of the Colonial Pipeline for several days. Colonial said of the 26 refineries that connect to the Colonial system, 13 were located between Houston and Lake Charles, Louisiana, an area affected ... (more...)
India rupee: Opposition say cash crackdown was disaster India rupee: Opposition say cash crackdown was disaster
- September 01, 2017

The government of India banning high value currency notes on November 8 previous year - a move that has come to be known as demonetisation - is truly a non-event, contrary to how the government had projected it. The government had initially estimated about 5 trillion rupees, of the 15.4 trillion rupees rendered worthless by "demonetisation" on November 9 past year, to remain undeclared as it may have escaped the tax net illegally. (more...)
India's Demonetisation: 99% banned notes returned to Central Bank India's Demonetisation: 99% banned notes returned to Central Bank
- September 01, 2017

The RBI lost more money on printing notes compared to the bills that were permanently extinguished, former finance minister Palaniappan Chidambaram said . The reality, he said, is that the RBI data released today proves only Rs 16000 crore out of the 15.44 lakh crore money in circulation came back and of this, Rs 9000 crore is still stuck. (more...)
Triple talaq petitioner Ishrat Jahan's children missing Triple talaq petitioner Ishrat Jahan's children missing
- September 01, 2017

Ishrat Jehan, who was one of the five petitioners in the triple talaq case, today accused her former husband and in-laws of kidnapping her two children, who were later found with their father by the police. As she couldn't find them for hours, she suspected her husband and in-laws who stay nearby, of having taken the children. However, almost an hour after the police complaint was lodged, the kids were rescued by police, according to officials. (more...)
Checking in on this year's mortgage rates Checking in on this year's mortgage rates
- September 01, 2017

The 30-year fixed-rate mortgage averaged 3.82% for the week ending August 31, down from last week when it averaged 3.86%. "Recent releases of positive economic data could halt the downward trend of mortgage rates ", he said. Mortgage Bankers Association reports the total volume of mortgage applications - including refinancing and home purchases - increased by a mere 0.1 percent when comparing week-over-week results. (more...)
Indefinite Strike In The Hills Becomes Reason For GJM v/s GJM Clash Indefinite Strike In The Hills Becomes Reason For GJM v/s GJM Clash
- September 01, 2017

The indefinite shutdown in the hills had entered its 78th day today. Nearly 11 weeks into the Darjeeling shutdown, three major political parties in the hills held talks with the West Bengal government at the State Secretariat "Nabanna" building here on Tuesday, reviving fresh hopes that the deadlock may be resolved. (more...)
Time for Abe to put some eggs in the China basket Time for Abe to put some eggs in the China basket
- September 01, 2017

The top envoys on North Korea's nuclear program from South Korea, the United States and Japan agreed on Tuesday to jointly take punitive action on the North over its ballistic missile launch earlier in the day in their emergency phone conversations, the foreign ministry here said. (more...)
Princeton Alpha Management LP Takes Position in JP Morgan Chase & Co (JPM)
- September 01, 2017

About 100 shares traded. Crossvault Capital Management LLC's holdings in J P Morgan Chase & Co were worth $5,163,000 as of its most recent SEC filing. 218,893 were accumulated by Nomura. Benjamin F Edwards And Co Inc owns 18,264 shares for 0.26% of their portfolio. Diamond Hill Management owns 4,846 shares or 0% of their United States portfolio. (more...)
United States stocks rise on weak inflation figures United States stocks rise on weak inflation figures
- September 01, 2017

The so-called core PCE price index, which is the Fed's preferred inflation measure, has now risen by the same margin for three straight months. Energy decreased by 0.1 percent for the month, but even excluding the volatile food and fuel categories, the "core" PCE index still gained 0.1 percent, the same as May and June. (more...)
Key US inflation measure sees modest July gain Key US inflation measure sees modest July gain
- September 01, 2017

Although the number met median estimates from economists polled by MarketWatch, the annual rate slipped to 1.4% from 1.5%. The Fed has said it expects inflation to stabilize near its two percent target over the medium term. Wall Street is edging higher on the back of generally upbeat readings on the economy and ahead of the release of the all-important monthly United States jobs report which was due out on the next day. (more...)
Otonomy, Inc. (OTIC) Downgraded by JP Morgan Chase & Co Otonomy, Inc. (OTIC) Downgraded by JP Morgan Chase & Co
- September 01, 2017

The stock has "Buy" rating by Janney Capital on Thursday, December 3. Based on data provided from analysts polled by Thomson Reuters , The McClatchy Company has a current consensus target price of 37.00. The biopharmaceutical company reported ($0.77) earnings per share (EPS ) for the quarter, topping the Thomson Reuters' consensus estimate of ($0.80) by $0.03. (more...)
Stock is up at $82.29 (TXN) TI Chief Financial Officer Rafael…
- September 01, 2017

Tci Wealth Advsr owns 1,002 shares or 0.04% of their U.S. portfolio. During the same period previous year, the business earned $0.76 earnings per share. Blackrock Mngmt Limited Liability Corp reported 2.18M shares. Gateway Advisers Ltd Llc owns 618,001 shares. 14,341 are held by Bb&T Ltd Co. Grimes And Company invested in 6,406 shares. (more...)
Frontier Communications Corpora (NASDAQ:FTR) Sees Unusual Trading Volume in Its Shares
- September 01, 2017

Canaccord Genuity maintained the shares of BKG in report on Tuesday, February 23 with "Buy" rating . The firm has "Neutral" rating by DA Davidson given on Friday, July 29. Zacks offers analysts with an Average Broker Rating (or ABR), basing it on sell-side recommendations. Therefore 19% are positive. Presently Frontier Communications Corporation (NASDAQ:FTR) stock have an ABR of 2.77. (more...)
Pizza by kayak: Texas Pizza Hut delivers in floodwaters Pizza by kayak: Texas Pizza Hut delivers in floodwaters
- September 01, 2017

According to KPRC , when Shayda Habib heard of families still stranded in their homes and in need of food near her Pizza Hut restaurant, she formed a plan. "The people in the houses didn't expect us to come", she said. "It was so nice to see their smiles after so much gloom". Shayda Habib, the manager of the local Pizza Hut, told The Houston Chronicle she chose to make pizza for people she heard were low on food while stuck in their homes. (more...)
Amazon Facing Class-Action Lawsuit Over Solar Eclipse Glasses Amazon Facing Class-Action Lawsuit Over Solar Eclipse Glasses
- September 01, 2017

The Tennessee maker of the glasses is not named in the suit. The couple said they did not look into the sky without wearing the glasses when they viewed the eclipse. The plaintiffs argue their injuries require an award of the cost of a medical monitoring program for the early detection of "eye injury, disease or disease resulting from exposure to the sun caused by Defendant's unsafe Eclipse Glasses". (more...)
Harvey threatens more US Gulf refineries, supply constraints emerge Harvey threatens more US Gulf refineries, supply constraints emerge
- August 31, 2017

Gulf Coast, knocking out several refineries, which backed up crude supplies and disrupted fuel production. Hurricane Harvey that battered the Texas coast and Louisiana with heavy winds and torrential rains, has pushed the US gasoline market into a severe backwardation as the country suffers supply shortages. (more...)
CenturyLink, Inc. (NYSE:CTL) Closed -6.6% Below Its 50 Day Moving Average CenturyLink, Inc. (NYSE:CTL) Closed -6.6% Below Its 50 Day Moving Average
- August 31, 2017

On Tuesday, December 1 the stock rating was maintained by Peel Hunt with "Buy". Whereas 7 of them predict the stock is a hold. Berenberg maintained Topps Tiles Plc (LON:TPT) on Friday, December 16 with "Hold" rating. Of those holders, 333 had increased positions amounting to 81.5 million shares, 313 had decreased positions amounting to 51.7 million shares, and 91 holders have a held position accounting for 327.44 million shares. (more...)
Hyperloop pod breaks own high-speed record Hyperloop pod breaks own high-speed record
- August 31, 2017

After announcing the winners of the second Hyperloop Pod Competition on Monday, the SpaceX founder said he would take the company's Hyperloop pusher pod for a spin this week to see what it could do when it wasn't pushing student pods. (more...)
Pernod Ricard shows +3.6% sales growth for FY17 Pernod Ricard shows +3.6% sales growth for FY17
- August 31, 2017

Pernod Ricard's net profit totalled €1.39 billion (US$1.65bn) in 2016/17, driven by a return to sales growth in China, a strong performance from its worldwide brands, and tight cost control management. The company's cash flow climbed as much as 22 percent during the period to a record high of almost €1.3 million ($1.5 million), boosted by cost cuts across its supply chains, advertising budget and manufacturing. (more...)