Money
Lululemon athletica inc. (LULU) Issues Earnings Results
- September 01, 2017
It has underperformed by 36.03% the S&P500. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink . Citigroup has "Buy" rating and $85 target. RBC Capital Markets maintained Lululemon Athletica inc . Stifel Nicolaus downgraded the shares of VNO in report on Wednesday, August 30 to "Hold" rating. (more...)
- September 01, 2017
It has underperformed by 36.03% the S&P500. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink . Citigroup has "Buy" rating and $85 target. RBC Capital Markets maintained Lululemon Athletica inc . Stifel Nicolaus downgraded the shares of VNO in report on Wednesday, August 30 to "Hold" rating. (more...)
China nonmanufacturing PMI falls a second month
- September 01, 2017
New export business also rose, however at the slowest pace in the current three-month period of growth. The manufacturing sector in Thailand continued to contract in August, and at a slightly faster rate, the latest survey from Nikkei revealed on Friday with a manufacturing PMI score of 49.5. (more...)
- September 01, 2017
New export business also rose, however at the slowest pace in the current three-month period of growth. The manufacturing sector in Thailand continued to contract in August, and at a slightly faster rate, the latest survey from Nikkei revealed on Friday with a manufacturing PMI score of 49.5. (more...)
'Wild beast, deserves no mercy: Judgment on rapist Gurmeet Ram Rahim Singh
- September 01, 2017
The chief minister of India's northern state Haryana, Manohalal Khattar, today ruled out his resignation saying he was satisfied with his government's handling of the Dera Sacha Sauda violence. The woman said that Singh had raped her in 1999. The riots have been so out of control that curfews had to be imposed in Rohtak and in the town of Sirsa, where the guru's Dera Sacha Sauda sect has a sprawling ashram. (more...)
- September 01, 2017
The chief minister of India's northern state Haryana, Manohalal Khattar, today ruled out his resignation saying he was satisfied with his government's handling of the Dera Sacha Sauda violence. The woman said that Singh had raped her in 1999. The riots have been so out of control that curfews had to be imposed in Rohtak and in the town of Sirsa, where the guru's Dera Sacha Sauda sect has a sprawling ashram. (more...)
Oil sector hopes to weather Harvey storm
- September 01, 2017
While Harvey's refinery shutdown and Labor Day's arrival could push gasoline to a two-year high of $2.50 per gallon, Casselano said they will come down. US stock index futures were little changed on Monday as Tropical Storm Harvey barreled into the Texas coast, the heart of the USA energy sector, raising concerns about the impact of the storm on the economy and piling more pressure on the dollar, which hit 16-month lows against a basket of currencies. (more...)
- September 01, 2017
While Harvey's refinery shutdown and Labor Day's arrival could push gasoline to a two-year high of $2.50 per gallon, Casselano said they will come down. US stock index futures were little changed on Monday as Tropical Storm Harvey barreled into the Texas coast, the heart of the USA energy sector, raising concerns about the impact of the storm on the economy and piling more pressure on the dollar, which hit 16-month lows against a basket of currencies. (more...)
Oil sector hopes to weather Harvey storm
- September 01, 2017
While Harvey's refinery shutdown and Labor Day's arrival could push gasoline to a two-year high of $2.50 per gallon, Casselano said they will come down. US stock index futures were little changed on Monday as Tropical Storm Harvey barreled into the Texas coast, the heart of the USA energy sector, raising concerns about the impact of the storm on the economy and piling more pressure on the dollar, which hit 16-month lows against a basket of currencies. (more...)
- September 01, 2017
While Harvey's refinery shutdown and Labor Day's arrival could push gasoline to a two-year high of $2.50 per gallon, Casselano said they will come down. US stock index futures were little changed on Monday as Tropical Storm Harvey barreled into the Texas coast, the heart of the USA energy sector, raising concerns about the impact of the storm on the economy and piling more pressure on the dollar, which hit 16-month lows against a basket of currencies. (more...)
Ministers Resign Ahead Of Expected Cabinet Reshuffle, More Likely To Quit
- September 01, 2017
President Ram Nath Kovind is scheduled to visit Tirupati on Friday and will return to Delhi on Saturday afternoon, making September 2 the most likely date for the reshuffle. Bihar Chief Minister Nitish Kumar after recently forming an alliance with the NDA has also submitted two nominees, Ram Chandra Prasad Singh and, perhaps, Purnea MP Santosh Kushwaha, who are expected to be sworn-in with the BJP nominees. (more...)
- September 01, 2017
President Ram Nath Kovind is scheduled to visit Tirupati on Friday and will return to Delhi on Saturday afternoon, making September 2 the most likely date for the reshuffle. Bihar Chief Minister Nitish Kumar after recently forming an alliance with the NDA has also submitted two nominees, Ram Chandra Prasad Singh and, perhaps, Purnea MP Santosh Kushwaha, who are expected to be sworn-in with the BJP nominees. (more...)
Harvey knocks out more refineries, shifting global oil flows
- September 01, 2017
Traders from Europe to Asia were scrambling to fix fuel cargoes to the United States . "The longer the Gulf refinery outages last, the wider ranging the ripple effect for regions outside of the U.S. Restarts after a storm are especially unsafe times for refiners, though the Corpus Christi area received much less rain than the Houston metro area. (more...)
- September 01, 2017
Traders from Europe to Asia were scrambling to fix fuel cargoes to the United States . "The longer the Gulf refinery outages last, the wider ranging the ripple effect for regions outside of the U.S. Restarts after a storm are especially unsafe times for refiners, though the Corpus Christi area received much less rain than the Houston metro area. (more...)
Crude Oil Retreats Despite API Inventories Draw
- September 01, 2017
Refinery use is liable to decline sharply over the next two weeks which will have an important impact in limiting crude demand and there is liable to very erratic oil data during the next month. "With U.S. continuously pumping more output, we expect the temporary impact of falling inventory to fade away in the upcoming months, thereby delaying market rebalance", said Rahul Prithiani, director at CRISIL Research. (more...)
- September 01, 2017
Refinery use is liable to decline sharply over the next two weeks which will have an important impact in limiting crude demand and there is liable to very erratic oil data during the next month. "With U.S. continuously pumping more output, we expect the temporary impact of falling inventory to fade away in the upcoming months, thereby delaying market rebalance", said Rahul Prithiani, director at CRISIL Research. (more...)
Almost one-quarter of USA fuel output shut, and Harvey isn't done
- September 01, 2017
Motiva's massive Port Arthur refinery, the largest in the US, shut down on Wednesday due to "increasing local flood conditions", while Valero also closed its Port Arthur refinery on Wednesday. "If they've been down a week, it will take another week to get production back up", Oliver said . The nation's least expensive markets are SC ($2.11), Alabama ($2.12), Arkansas ($2.12), MS ($2.12), Oklahoma ($2.13), Missouri ($2.14), Virginia ($2.15), Louisiana ($2.16), Tennessee ($2.16) and Texas ... (more...)
- September 01, 2017
Motiva's massive Port Arthur refinery, the largest in the US, shut down on Wednesday due to "increasing local flood conditions", while Valero also closed its Port Arthur refinery on Wednesday. "If they've been down a week, it will take another week to get production back up", Oliver said . The nation's least expensive markets are SC ($2.11), Alabama ($2.12), Arkansas ($2.12), MS ($2.12), Oklahoma ($2.13), Missouri ($2.14), Virginia ($2.15), Louisiana ($2.16), Tennessee ($2.16) and Texas ... (more...)
Traders can't Passover these Volume stocks: Costco Wholesale Corporation (NASDAQ:COST)
- September 01, 2017
The firm has "Positive" rating by Susquehanna given on Friday, February 10. The stock of Costco Wholesale Corporation (NASDAQ: COST ) is a huge mover today! The legal version of this piece can be read at https://baseballnewssource.com/markets/guggenheim-reiterates-neutral-rating-for-costco-wholesale-corporation-cost/1565164.html. (more...)
- September 01, 2017
The firm has "Positive" rating by Susquehanna given on Friday, February 10. The stock of Costco Wholesale Corporation (NASDAQ: COST ) is a huge mover today! The legal version of this piece can be read at https://baseballnewssource.com/markets/guggenheim-reiterates-neutral-rating-for-costco-wholesale-corporation-cost/1565164.html. (more...)
Fuel prices poised to rise due to Harvey
- September 01, 2017
At least 3.6 million bpd of refining capacity are offline in Texas and Louisiana, or almost 20 percent of total USA capacity, based on company reports and Reuters estimates. President Donald Trump read . If any of them are damaged, strong profit margins for other refineries will last longer. Perry first authorized a release of 500,000 barrels of crude oil from the emergency oil reserve early Thursday. (more...)
- September 01, 2017
At least 3.6 million bpd of refining capacity are offline in Texas and Louisiana, or almost 20 percent of total USA capacity, based on company reports and Reuters estimates. President Donald Trump read . If any of them are damaged, strong profit margins for other refineries will last longer. Perry first authorized a release of 500,000 barrels of crude oil from the emergency oil reserve early Thursday. (more...)
Oil markets roiled as Hurricane Harvey hits USA petroleum industry
- September 01, 2017
That's 12 cents higher than a week ago, when Harvey threatened Texas, and 4 cents above Wednesday's price. More than 18 percent of oil production in the Gulf of Mexico was shut in on Tuesday due to Harvey, the U.S. Preparing for more rain and floods, Total cut production in half at its 225,500 bpd refinery, also in Port Arthur. The risk is that this onshore production takes longer to return than the market may expect, given the apparent widespread damage to infrastructure from flooding ... (more...)
- September 01, 2017
That's 12 cents higher than a week ago, when Harvey threatened Texas, and 4 cents above Wednesday's price. More than 18 percent of oil production in the Gulf of Mexico was shut in on Tuesday due to Harvey, the U.S. Preparing for more rain and floods, Total cut production in half at its 225,500 bpd refinery, also in Port Arthur. The risk is that this onshore production takes longer to return than the market may expect, given the apparent widespread damage to infrastructure from flooding ... (more...)
Hurricane Harvey: How can you help?
- September 01, 2017
The flooding and devastation caused by Harvey has not stopped since it made landfall Friday night. For every $1 donated, Walmart will contribute $2 worth of cash or, at Walmart's option, needed product to the American Red Cross , up to $10 million. (more...)
- September 01, 2017
The flooding and devastation caused by Harvey has not stopped since it made landfall Friday night. For every $1 donated, Walmart will contribute $2 worth of cash or, at Walmart's option, needed product to the American Red Cross , up to $10 million. (more...)
More than 500 complaints filed with Texas AG over Dallas gas prices
- September 01, 2017
Several drivers have already reported stations out of gas, and others are waiting in long lines for their chance to fill up. The station is now out of gas and doesn't expect to have any more until Sunday. Gas prices in the Cedar Park area increased as well. His message? There's no fuel shortage . His advice: "Try to have a sense of calm". "If we tried to keep every store full of gasoline, we'd have outages everywhere". (more...)
- September 01, 2017
Several drivers have already reported stations out of gas, and others are waiting in long lines for their chance to fill up. The station is now out of gas and doesn't expect to have any more until Sunday. Gas prices in the Cedar Park area increased as well. His message? There's no fuel shortage . His advice: "Try to have a sense of calm". "If we tried to keep every store full of gasoline, we'd have outages everywhere". (more...)
Oil down as U.S. refineries struggle from Harvey impact
- September 01, 2017
Refiner share prices jumped Monday with margins expected to rise on the fallout from Hurricane Harvey. "Given that a significant portion of refining capacity in the US Gulf Coast is shut, we are likely to witness a situation of high domestic crude stockpiles, which will put pressure on prices", Amit Musaddy of energy consultancy Trifecta told AFP. (more...)
- September 01, 2017
Refiner share prices jumped Monday with margins expected to rise on the fallout from Hurricane Harvey. "Given that a significant portion of refining capacity in the US Gulf Coast is shut, we are likely to witness a situation of high domestic crude stockpiles, which will put pressure on prices", Amit Musaddy of energy consultancy Trifecta told AFP. (more...)
Mass. Red Cross Readies Volunteers For Texas
- September 01, 2017
Wyoming and Colorado residents are traveling to Texas to volunteer after the record-breaking Hurricane Harvey . During natural disasters like Harvey the Red Cross typically sees a spike in phone calls from people offering to help. The American Red Cross is offering a volunteer training class on Monday, September 4th from 9:00 a.m. -3:00 p.m. Bullock is not the only celebrity to give generously to the Harvey relief effort. (more...)
- September 01, 2017
Wyoming and Colorado residents are traveling to Texas to volunteer after the record-breaking Hurricane Harvey . During natural disasters like Harvey the Red Cross typically sees a spike in phone calls from people offering to help. The American Red Cross is offering a volunteer training class on Monday, September 4th from 9:00 a.m. -3:00 p.m. Bullock is not the only celebrity to give generously to the Harvey relief effort. (more...)
Wells Fargo boosts estimate of fake accounts to 3.5M
- September 01, 2017
Summary: Wells Fargo admitted that 3.5 million fake accounts were created by employees trying to meet unrealistic sales goals. Elizabeth Warren , who has been tough on Wells Fargo , had a point. (NASDAQ:AAPL) for 444,205 shares. Following the completion of the transaction, the insider now directly owns 109 shares of the company's stock, valued at approximately $5,675.63. (more...)
- September 01, 2017
Summary: Wells Fargo admitted that 3.5 million fake accounts were created by employees trying to meet unrealistic sales goals. Elizabeth Warren , who has been tough on Wells Fargo , had a point. (NASDAQ:AAPL) for 444,205 shares. Following the completion of the transaction, the insider now directly owns 109 shares of the company's stock, valued at approximately $5,675.63. (more...)
Bank of England policymaker calls for 'modest' interest rate rise
- September 01, 2017
A senior Bank of England official said Thursday that the United Kingdom central bank should raise interest rates now to restrain inflation. But the MPC's foot no longer needs to be quite so firmly on the accelerator, he believes. "I do not want to dismiss risks that the Brexit process might be bumpy, and could undermine business and consumer confidence", he said. Echoing Governor Mark Carney's comments previous year, Saunders said the BOE is "not indifferent" to the faster inflation ... (more...)
- September 01, 2017
A senior Bank of England official said Thursday that the United Kingdom central bank should raise interest rates now to restrain inflation. But the MPC's foot no longer needs to be quite so firmly on the accelerator, he believes. "I do not want to dismiss risks that the Brexit process might be bumpy, and could undermine business and consumer confidence", he said. Echoing Governor Mark Carney's comments previous year, Saunders said the BOE is "not indifferent" to the faster inflation ... (more...)
Uber's New CEO Played a Role in Expedia's Bet on Alice
- September 01, 2017
The Iranian-American has responded to initial public offering (IPO) questions by expressing the opinion that he would like to see it as late as possible. "Culture is written bottoms up". Uber's current chairman is Garrett Camp, who is expected to be replaced, according to the Journal. Kalanick stepped down as chief executive in June due to pressure from influential investors, including Benchmark Capital, which went on to file a civil lawsuit against Kalanick, accusing him of fraud, breach of ... (more...)
- September 01, 2017
The Iranian-American has responded to initial public offering (IPO) questions by expressing the opinion that he would like to see it as late as possible. "Culture is written bottoms up". Uber's current chairman is Garrett Camp, who is expected to be replaced, according to the Journal. Kalanick stepped down as chief executive in June due to pressure from influential investors, including Benchmark Capital, which went on to file a civil lawsuit against Kalanick, accusing him of fraud, breach of ... (more...)
ConAgra Brands, Inc. (CAG) Hits a 52-Week Low
- September 01, 2017
The institutional investor held 800,000 shares of the telecommunications equipment company at the end of 2016Q4, valued at $2.14M, down from 1.11 million at the end of the previous reported quarter. This implies that the market is now less bearish on the outlook for CAG. COPYRIGHT VIOLATION WARNING: This piece was first posted by TrueBlueTribune and is the sole property of of TrueBlueTribune. (more...)
- September 01, 2017
The institutional investor held 800,000 shares of the telecommunications equipment company at the end of 2016Q4, valued at $2.14M, down from 1.11 million at the end of the previous reported quarter. This implies that the market is now less bearish on the outlook for CAG. COPYRIGHT VIOLATION WARNING: This piece was first posted by TrueBlueTribune and is the sole property of of TrueBlueTribune. (more...)
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