Markets

Pamplona Capital to take Parexel private in $5B cash deal

21 June 2017, 07:27

PAREXEL International Corporation (NDAQ: PRXL ) has risen 35.35% since June 20, 2016 and is uptrending. It has outperformed by 39.95% the S&P500. Parexel boosted its already considerable presence in the Triangle in 2015 when it offered jobs to about...

Turkey debates military support for Qatar

21 June 2017, 07:24

Saudi Arabia , Bahrain , the United Arab Emirates and other nations severed formal relations with Qatar and accused its government of supporting terrorism . "The emir of Qatar has made progress in halting financial support and expelling terrori...

President Trump Slams North Korea

21 June 2017, 07:00

The White House is considering banning US citizens from traveling to North Korea in the wake of 22 year-old college student Otto Warmbier's death. Warmbier's death came just days after he was released by the North Korean government and returned t...

LifePlan Financial Group Inc Increases Stake in Exxon Mobil Co. (XOM)

21 June 2017, 06:58

The institutional investor held 4.47M shares of the integrated oil company at the end of 2016Q4, valued at $403.28M, up from 4.17M at the end of the previous reported quarter. After $0.95 actual EPS reported by Exxon Mobil Corporation for the previou...

What Are Analysts Opinions On Taiwan Semiconductor Manufacturing Company Limited (TSM)

21 June 2017, 06:59

A number of other institutional investors have also recently modified their holdings of TSM. The correct version of this story can be accessed at https://www.thestockobserver.com/2017/06/20/banque-pictet-cie-sa-takes-position-in-taiwan-semiconductor-...

Iraq PM heads for Saudi Arabia as part of Gulf tour

21 June 2017, 06:24

Qatar has been isolated for more than two weeks by its Gulf neighbours Saudi Arabia , the UAE and Bahrain , who allege it is funding terrorist groups and encouraging regional instability. United States troops stand on a military ship during a j...

Stocks dip, dollar steadies as oil sinks on Mideast rift

21 June 2017, 06:23

With a production capacity of about 600,000 barrels per day, Qatar's crude oil output, one of OPEC's smallest, is dwarfed by the near 10 million bpd churned out by the cartels de-facto leader, Saudi Arabia . "These tight oil producers are the ...

Oil hits six-week low as OPEC fails to curb oversupply

21 June 2017, 06:12

Energy Information Administration showed that domestic-crude supplies fell by 1.7 million barrels for the week ended June 9. Oil headed for the longest run of weekly losses since August 2015 as USA crude stockpiles remain stubbornly high and as Lib...

How Many Rio Tinto plc (LON:RIO)'s Analysts Are Bearish?

21 June 2017, 05:57

The Cambrian Capital Limited Partnership holds 15,300 shares with $588,000 value, down from 35,519 last quarter. Shares of Rio Tinto plc ( LON:RIO ) opened at 3044.00 on Monday. Macquarie reaffirmed an "outperform" rating and issued a GBX 4,200 ($5...

Imam helped protect suspect from mob and deliver him to police

21 June 2017, 05:41

In a statement his family said: "We are massively shocked". The Metropolitan police said the driver was initially arrested on suspicion of attempted murder, but he was later charged with the "commission, preparation or instigation of terrorism incl...

Rice Midstream Partners LP Comm (RMP) Reaches New 52-Week High

21 June 2017, 04:53

Morgan Stanley now holds 3,426,330 shares with a value of $86,412,000. About 304,660 shares traded. The Volatility 3m of Noble Midstream Partners LP (NYSE:NBLX) is 24.743200. Rice Midstream Partners LP (RMP ) has a market capitalization of 1.8 Billio...

MSCI adds domestic Chinese stocks to global benchmark

21 June 2017, 04:48

With some investors still cautious, MSCI has watered. There is some controversy around this as not everyone believes in the "Asian Century", but for those who think China will continue to be an increasingly important player, it stands to reason t...

Slumping oil prices rein in stock indexes

21 June 2017, 04:35

Nasdaq's biotechnology index.NBI rose 2.5 per cent in its biggest one-day gain since February while the S&P's healthcare index.SPXHC had a record-high close. Following his comments, the pound was down 0.5 percent at $1.2672. Rebounding technology ...

US crude ends at nine-month lows on global oversupply

21 June 2017, 04:30

Futures were unchanged in NY after falling 1.2 percent Monday. The increased production in the USA and an increase in the numbers of operating rigs remain a big concern for the oil bulls. On Wednesday, the Energy Information Administration, a p...

Kevin Walters wants a fair go for Queensland in Origin II

21 June 2017, 04:01

There are still a lot of things I could have done better. Per News.com.au , the Maroons are likely to be boosted by the return of playmaker Johnathan Thurston, who missed Game 1 with a shoulder injury but is "a definite starter" for Wednesday, a...

Cooler temperatures, heavy downpours possible for southern counties — FORECAST

21 June 2017, 03:55

It's set to rock Trinidad and Tobago, as well as other southeastern Caribbean islands with heavy rain and strong winds. As a tropical weather system moves in, forecasters have increased the amount of total rainfall expected in Southeast Louisian...

South Korea's Moon urges North Korea to return detainees swiftly

21 June 2017, 03:47

Decommissioning of Kori No.1 will be carried out by South Korea companies using local technology and is expected to cost 644 billion won ($570 million) and take 15-and-a-half years, the energy ministry said in a statement . On Friday, at the Asi...

UK's Hammond says new UK-EU regulatory process needed after Brexit

21 June 2017, 03:40

EU nations and the European Parliament will have to approve any future deal and that can take months. As the United Kingdom deals with challenges from Brexit , including loss of education grants and research opportunities from the bloc, Goodfellow...

Reds' Gennett homers 4 times, drives in 10 runs

21 June 2017, 03:31

With homers in his last four at-bats, Scooter became a slugger. Scooter the Muppet has been known to say "I'll go for anything you need". "I was watching the game, but I wasn't really instinctually seeing the lineup and all that". It was an honor...

Germany urges steps to defuse crisis in Gulf region

21 June 2017, 03:05

Saudi Arabia and its allies have issued a "terror list" containing 59 individuals and 12 groups linked to Qatar, days after their decision to diplomatically isolate Doha . "The President underscored that a united Gulf Cooperation Council is critical...

Burger King introduces Lucky Charms milkshake to menu

21 June 2017, 02:12

We're hoping that a Cocoa Puffs shake is on the horizon soon. And let's face it, that's the whole point of drinking the ice cream version of the magically delicious cereal. Of course, if you can't make it to BK, you can always just order a bag of...

North Korea tour firms mull ban on Americans after Otto Warmbier's death

21 June 2017, 02:13

The University of Virginia student was accused of trying to steal a propaganda banner while visiting with a tour group and was convicted of subversion . Within weeks, he was sentenced to 15 years in prison and hard labor. His family says it was told...

USA stocks open lower after Fed rate hike

21 June 2017, 01:16

The Dow Jones industrial average gained 0.22 percent or 46.09 points to close at 21,374.56. The Nasdaq Composite Index dropped 60.09 points, or 0.97 percent, to 6,134.80. Despite a flow of weak economic data in recent months, markets had expected the...

House votes to undo key parts of Dodd-Frank financial reform law

21 June 2017, 12:57

The proposed legislation takes aim at the current law's restrictions on financial institutions , by qualifying those that meet capital and liquidity requirements for regulatory relief. The Democrat described his own experience working with banks ...

Decreases Stake in Occidental Petroleum Corporation (OXY)

21 June 2017, 12:22

Company insiders own 0.32% of the company's stock. About 11 shares traded. Zacks Investment Research cut shares of Occidental Petroleum Corporation from a "hold" rating to a "sell" rating in a research note on Wednesday, June 14th. RBC Capital Ma...

Trader's Watch List: JC Penney Company, Inc. (JCP)

20 June 2017, 10:28

Holding Company by 794.6% in the fourth quarter. Hudson Bay Capital Management LP bought a new position in J.C. Penney Company, Inc. Horrell Capital Management Inc. The company had revenue of $2.71 billion during the quarter, compared to the consensu...

Cabot Oil & Gas Corporation (COG) shares to see major resistance at $23.46

20 June 2017, 10:27

John M. Brown as Founder and Exec. Chairman. Cabot Oil & Gas Corporation (NYSE: COG)'s performance this year to date is -3.30%. Caxton Assocs Ltd Partnership holds 0.08% in Cabot Oil & Gas Corporation (NYSE: COG ) or 73,664 shares. Further, we can...

LIRR to Reduce Fares During Summer Work at Penn Station