Money


Indivior Shares Plunge Amid Generics Threat to Suboxone Opioid Treatment Indivior Shares Plunge Amid Generics Threat to Suboxone Opioid Treatment
- September 01, 2017

Reddy's from manufacturing and marketing a generic film alternative in the US. Indivior - a FTSE 250 firm - plans to appeal against the ruling . The chief executive, Shaun Thaxter, said: "Today's news is disappointing ... given the belief that the company has in its intellectual property for Suboxone Film ..." Indivior shares plunged as much as 40pc in London trading after a United States court cleared the way for a generic version of the company's medicine to treat dependence on ... (more...)
BTG plc (BTG) Rating Reiterated by Stifel Nicolaus BTG plc (BTG) Rating Reiterated by Stifel Nicolaus
- September 01, 2017

Checchi Cap Advisers Ltd Liability Company invested in 0.06% or 3,340 shares. The Company is an engineering solutions provider. It has a 40.88 P/E ratio. American Capital Management Inc acquired 141,040 shares as Gigamon (GIMO)'s stock rose 5.76%. Moreover, Reaves W H & Co Inc has 1.45% invested in the company for 1.75 million shares. (more...)
No Hurricane Harvey-related fuel shortage, Railroad commissioner says No Hurricane Harvey-related fuel shortage, Railroad commissioner says
- September 01, 2017

Texas Railroad Commissioner Ryan Sitton addressed the panic Thursday afternoon at a press conference to dispel the gas shortage rumor. Reopening the shuttered Texas sections of pipeline could help avoid major gas shortages, but huge challenges remain, as several giant Texas refineries were shut down due to the storm. (more...)
VERIFY: Panic is worsening concerns of gas shortages VERIFY: Panic is worsening concerns of gas shortages
- September 01, 2017

He said even if that 3 million was offline for a month, it would still be less than what's in storage. On Thursday, Texas Railroad Commissioner Ryan Sitton said people "have no need to fear shortages". In Tulsa, that translates to higher prices at the pump, Thornbrugh said. "I would advise that they only buy what gasoline they need, and to conserve where possible". (more...)
Volkswagen, Audi, Seat and Skoda reveal Scrappage plans. But they're Diesel only Volkswagen, Audi, Seat and Skoda reveal Scrappage plans. But they're Diesel only
- September 01, 2017

Skoda will give you between £1,500 and £4,000 of their cars (although not the new Kodiaq), and SEAT between £1,500 and £3,500 (although nothing off the Ateca). Trade in vehicles need to have been registered in the owner's name for at least six months to qualify - and the trade-in vehicle will be scrapped. He added that by matching rival offerings VW will probably keep its advantage over its opposition. (more...)
Bajaj Auto share price gains post August sales figures
- September 01, 2017

The carmaker reported total sales of 1.63 lakh units for the month of August 2017, up 23.8% over sales in the same month previous year. The company's total exports went up by 7 per cent at 134,372 units when compared with 125,033 units for same month previous year. (more...)
Eid-el-Kabir: Cleric tells Muslims to emulate Prophet Mohammed Eid-el-Kabir: Cleric tells Muslims to emulate Prophet Mohammed
- September 01, 2017

Police in Nasarawa State have announced the deployment of about 4000 of its personnel to prevent crime ahead of Eid-el-Kabir celebration across the thirteen local government areas of the state. He stressed the need to show greater respect and love for one another. "The period should also be for not only celebrations and merry making, but also for sober reflection and desire, indeed, efforts to get closer to God Almighty in our actions and utterances by exhibiting the quintessential values of ... (more...)
Birmingham City agree deal to sign former Barcelona midfielder Alex Song Birmingham City agree deal to sign former Barcelona midfielder Alex Song
- September 01, 2017

It was a pleasure to work with him and be involved with some of the special performances he produced. "He was a positive influence around the place and we all wish him well for his future career". Middlesbrough signed winger Marvin Johnson from Oxford on a three-year deal for an undisclosed fee. "I think it can be a big year for us and I am very happy". (more...)
Dollar, Asia shares find relief in U.S. economic rebound Dollar, Asia shares find relief in U.S. economic rebound
- September 01, 2017

China stocks ended flat, as strong gains in airline operators and resources firms were offset by weakness in banking stocks with investors awaiting first-half results for some of the country's biggest banks. The dollar index, which measures the greenback against a basket of six major currencies, was 0.65 percent higher at 92.852. President Donald Trump on Wednesday declared "talking is not the answer" to the tense standoff with North Korea over its nuclear missile development, but his ... (more...)
Lululemon athletica inc. (LULU) Issues Earnings Results 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...)
China nonmanufacturing PMI falls a second month 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...)
'Wild beast, deserves no mercy: Judgment on rapist Gurmeet Ram Rahim Singh '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...)
Oil sector hopes to weather Harvey storm 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...)
Oil sector hopes to weather Harvey storm 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...)
Ministers Resign Ahead Of Expected Cabinet Reshuffle, More Likely To Quit 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...)
Harvey knocks out more refineries, shifting global oil flows 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...)
Crude Oil Retreats Despite API Inventories Draw 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...)
Almost one-quarter of USA fuel output shut, and Harvey isn't done 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...)
Traders can't Passover these Volume stocks: Costco Wholesale Corporation (NASDAQ:COST) 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...)
Fuel prices poised to rise due to Harvey 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...)