Markets

Marathon Petroleum posts surprise profit as pipeline unit delivers

27 April 2017, 10:08

On average, equities analysts predict that Marathon Oil will post ($0.21) earnings per share for the current year. Looking back over the last month, shares have performed 2.37%. 5 year sales growth rate is an important factor for valuation analysis, ...

Price Of Crude Oil Dips On Supply Glut Concerns

27 April 2017, 10:04

Inventories have been heading back down in the USA and dropped by 1 million barrels in the latest week, the Energy Information Administration said Wednesday, a smaller drop than expected. In December 2016, the Organization of the Petroleum Exportin...

Alexis Sanchez 'injured' in Leicester City clash

27 April 2017, 10:06

Sanchez stood directly in front of Leicester's Christian Fuchs as he attempted to take a long throw-in. The Chilean went down theatrically after a short delay, and was booked. However, Henry hopes that the desire to stop Spurs from winning the titl...

Las Vegas Sands Corp. (LVS) Goes Lower Despite Earnings Beat

27 April 2017, 09:59

The relative volume of the stock is 2.07, while its market cap is $46.17 Billion. Developed by J. Welles Wilder, ATR is an indicator that measures volatility. Today, you can download 7 Best Stocks for the Next 30 Days. (NYSE:PEP) are -0.1%; 1.82% for...

United reducing overbooking, increasing incentive cap to $10k following Dao incident

27 April 2017, 09:54

United now commits to limit use of law enforcement to safety and security issues only , while also not requiring customers seated on the plane to give up their seat involuntarily unless safety or security is at risk . "We could have spent a lot of ...

Treasury secretary says Trump 'has no intention' of releasing tax returns

27 April 2017, 09:47

While the Treasury Secretary and other officials said the tax cuts would stimulate the economy and generate economic growth to increase government revenues, some members of Congress expressed skepticism about those projections. "This isn't going to b...

Asia stocks firm as markets mull Trump's taxes, Japan report

27 April 2017, 09:46

Meanwhile, Trump's plan would cut the top corporate income tax rate from 35 percent to 15 percent. "If this is only a temporary cut and we're going to revert back to the old system in 10 years, do you as a company really want to invest in the USA?"...

Macron, Le Pen Trade Barbs in French Election Race

27 April 2017, 09:44

Marine Le Pen, National Front political party candidate for French 2017 presidential election, visits the meat pavilion at the Rungis worldwide food market, near Paris , France, during her campaign, Tuesday, April 25, 2017. (AP Photo/Francois Mori)....

Canada throws Twitter shade at Trump over trade dispute

27 April 2017, 09:27

The two leaders agreed on the importance of reaching a negotiated agreement, recognizing the integrated nature of the industry between Canada and the United States. "Canada is ready to come to the table at any time", Freeland said. Resolute, the Ca...

Trump tax plan leaves Congress, Paul Ryan with 'heavy lift'

27 April 2017, 09:25

On Wall Street, the S&P 500 ended down 0.05 percent, failing to cling to earlier gains made on optimistic views on corporate earnings. If they do embrace it, they will get slammed as catering to the rich and setting a new level of fiscal irresponsibi...

Southcross Energy Partners, L.P

27 April 2017, 09:17

It has underperformed by 41.53% the S&P500. 03/06/2015 - Enbridge Energy, L.P. had its "neutral" rating reiterated by analysts at Zacks. Therefore 0 are positive. 8/25/2016-Goldman Sachs Group Inc Reiterated Rating of Neutral. The firm has a market...

Russian hackers 'targeted French presidential candidate Macron campaign'

27 April 2017, 09:16

That wily campaign manoeuvre put Mr Macron on the defensive and prompted him to meet angry Whirlpool workers later that same day. Le Pen's camp has attempted to capitalize on mis-steps by Macron, who celebrated his victory in the first round of vot...

Kremlin says planned Russian opposition protest on Saturday is illegal

27 April 2017, 09:17

The group, founded by prominent Kremlin critic Mikhail Khodorkovsky, was labeled "undesirable" by Russia's prosecutor general, effectively banning it from operating in Russia, USA Today reported . The General Prosecutor's Office called Open Russia...

Crude Oil Holds Near USD50, Inventories Due Shortly

27 April 2017, 09:13

Uncertainty surrounding an OPEC-led effort to stabilize the market and 2017 volatility put crude oil prices on track for another round of losses early Tuesday. On the New York Mercantile Exchange, West Texas Intermediate futures were trading up 0.14%...

Lloyds Profit Benefits From Fall in Conduct Costs

27 April 2017, 09:08

The firm has "Buy" rating by Investec given on Tuesday, November 17. The Return on Investment (ROI) ratio of Lloyds Banking Group plc (LYG) is 5.8 percent. Investors sentiment decreased to 1.08 in Q4 2016. Its down 0.03, from 0.95 in 2016Q3. Consensu...

Rupee scales near 21-mth high of 64.26 on global cues

27 April 2017, 08:53

It has extended its early gains and is now trading at its highest level since August 15, 2015. The traders in the currency markets are cautious ahead of Trump's corporate tax policies. The Indian rupee firmed against the U.S. dollar in afternoon ...

Trump's concession on wall funding removes obstacle from spending talks

27 April 2017, 08:44

Earlier this week, the Republican president backed off his demand that the bill include money for the "big, beautiful, powerful wall" he wants built along the U.S. "I don't want to start talking about a short-term CR on a Tuesday". "Hopefully we'll...

United unveils 10 policy changes, will pay bumped passengers up to $10000

27 April 2017, 08:37

Oscar Munoz, Chief Executive at United, said that the airline is taking "concrete, meaningful action" to improve customer satisfaction. The airline has since apologized, and Thursday's report repeats those sentiments, calling it "a bad event", an...

Congress moves closer to deal to avert government shutdown

27 April 2017, 08:33

But even if the fight over wall funding is over, Republicans and Democrats still have hard issues to resolve as they face tomorrow night's deadline when existing money expires for many federal agencies. It was possible, said conservative reporter Le...

DuPont shares climb 2% premarket after earnings beat views

27 April 2017, 08:32

It opened the session with a $63.98 price tag, later ranging from $63.81 to $64.91, the range at which the stock has traded at throughout the day. Jefferies Group now has a "Buy" rating and a $75.00 target price on the stock. In Basic Materials sec...

Airbus shares sink as engine problems cause 52pc profit drop

27 April 2017, 08:32

Airbus is sticking to its A320neo plane delivery target for now, he said, but still is awaiting proof from Pratt that the engine issue will be fixed as promised. Wilhelm said he's not concerned about the figure and that the company's order backlog i...

US unemployment claims tick up but remain at low level

27 April 2017, 08:29

New claims for United States jobless benefits rose for the second straight week in late April but continued a record stretch of low levels, the Labour Department reported on Thursday (Apr 27). The April data is very hard to trust due to the BLS's dif...

Forget autonomous cars, Uber will give us flying taxi services in 2020

27 April 2017, 08:19

Trump proposes major tax cuts, 15% corporate rate

27 April 2017, 08:13

He and Cohn said there was fundamental agreement on the core principles of the plan , although particulars were still being worked out with lawmakers. "The deductions , except for charitable and mortgage are going away, including your state and loc...

Donald Trump unveils tax cut plan, faces cautious welcome

27 April 2017, 08:11

But Trump was elected on a promise to jump-start the economy and produce "jobs, jobs, jobs" - and his opening move puts that goal at the heart of the tax-reform fight. Cohn said he expects a long fight over the measure. "What this is not going to be ...

Trump tells Canada, Mexico he won't terminate NAFTA

27 April 2017, 08:08

The White House announcement came hours after administration officials said Trump was considering a draft executive order to withdraw the USA from the deal - though administration officials cautioned it was just one of a number of options being dis...

Canada: Ontario Premier Kathleen Wynne introduces Fair Housing Plan

27 April 2017, 08:00

The tax would not target immigrants and a rebate would be available to people who subsequently get citizenship or permanent resident status, as well as foreign nationals working in Ontario and worldwide students. Rents in Toronto haven't kept pace wi...

(NASDAQ:AAL) from Major Airlines - Todays Top Gains

27 April 2017, 08:01

The stock of American Airlines Group Inc (NASDAQ:AAL) has "Outperform" rating given on Thursday, January 7 by Credit Suisse. Finally, Zacks Investment Research upgraded American Airlines Group from a "hold" rating to a "buy" rating and set a $5...

Twitter sees first revenue drop since IPO

27 April 2017, 07:57

Twitter chief operating officer Anthony Noto told analysts on the conference call there is "some evidence that we benefitted from our new and resurrected users" who follow politics. Twitter has worked to turn itself around through a mix of live s...

Giant rabbit dies after United Airlines flight

27 April 2017, 07:36

His lawyers have filed an emergency request with an IL court to make sure the airline preserves evidence such as videos, cockpit voice recordings, passenger and crew lists and other materials related to United Flight 3411. United also has begun reduc...

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