Economy

Cuts Position in Archer-Daniels-Midland Company (ADM)

Archer-Daniels-Midland (NYSE:ADM) last issued its quarterly earnings results on Tuesday, August 1st. The stock experienced -1.29% slump, arriving at $41.32 on 8/31/2017. Investors sentiment decreased to 1.02 in 2016 Q4. Its up 0.05, from 1.08 in 2016Q3. 70 funds opened positions while 200 raised stakes. Tarbox Gp reported 1,540 shares. [Full Article...]

President's Nomination for NASA Administrator — NASA Internal Memo

President's Nomination for NASA Administrator — NASA Internal Memo He was elected to the House seat that includes Tulsa in 2012. Bridenstine is the author of the American Space Renaissance Act and he's very passionate about the moon and using its natural resources for space travel. Rubio said that though Bridenstine spoke negatively about him during the presidential primary, that wasn't the reason for his opposition. Senator Bill Nelson , the ranking D... [Full Article...]

USA gasoline prices surge to new high in wake of Hurricane Harvey

USA gasoline prices surge to new high in wake of Hurricane Harvey Jeanette Casselano, a spokeswoman at AAA , said gas prices were expected as far back as July to rise over Labor Day weekend . AAA said gas prices have already jumped an average of.10 cents a gallon in the last week, and that's only expected to rise. [Full Article...]

'I'm here for the long term,' British Prime Minister May says

'I'm here for the long term,' British Prime Minister May says Senior Tories have indicated that Theresa May will not be supported in her ambitions to run for a second term as Prime Minister. May's Conservatives were enjoying a record surge in April in the polls when she opportunistically called for a snap election in hopes of getting an increased majority that could have strengthened her position before going into two years of intense negotiations with... [Full Article...]

Iowa Army National Guard helps Texas

Iowa Army National Guard helps Texas Tom Wolf announced. In the coming days, the Oklahoma Army and Air National Guard are deploying more than 1,500 guardsmen. You might also be interested in. Col. Hapgood says it's not the first time Iowa soldiers have been called on following a major storm. The state's National Guard anticipates sending over 200 more guardsmen through the weekend. [Full Article...]

National Guard Deploying to Texas for Hurricane Relief

National Guard Deploying to Texas for Hurricane Relief Arkansas is sending 1,500 National Guardsmen to Texas to help the state as it recovers from Harvey. The storm's death toll has steadily climbed over the past week. On August 31, Governor Cuomo also announced a 30-member State Incident Management Team deployed to College Station, Texas to continue New York's support of recovery efforts in Texas. [Full Article...]

Putin Warns US-North Korea Standoff Risks Starting Large-Scale Conflict

Putin Warns US-North Korea Standoff Risks Starting Large-Scale Conflict Tensions between Washington and Pyongyang have been heightened since North Korea's latest missile launch over Japan's airspace on Tuesday. "They are skeptical that North Korea would ever attack the United States, seeing such threats as just a bluff", Georgy Toloraya, Director of Korean Programs at the Institute of Economy at the Russian Academy of Science, wrote on 38North , a North Korea monito... [Full Article...]

Dollar, Oil and Tech in Focus

Dollar, Oil and Tech in Focus The dollar was boosted after the Commerce Department reported that the USA economy grew by an annualized 3% in the second quarter, up from an initial estimate of 2.6%. "We suspect the North Korea problem, although not yet causing a rush to exit, will eventually take a negative toll on the markets", said Peter Cardillo, chief market economist at First Standard Financial. [Full Article...]

Gasoline surges as Harvey closes major U.S. fuel pipeline

Gasoline surges as Harvey closes major U.S. fuel pipeline That can be seen at the pump where the national average has jumped 17 cents over the last week to $2.52 a gallon, setting a new high for the year and going over $2.50 for the first time in two years. The devastation of the storm had caused several oil refineries along the Texas Gulf Coast to close as of Tuesday morning, including five in the Houston region and six in the Corpus Christi region,... [Full Article...]

Metals: Gold Gains Amid North Korea Tensions

Metals: Gold Gains Amid North Korea Tensions South Korean and Japanese jets joined exercises with two supersonic U.S. B-1B bombers above and near the Korean peninsula on Thursday, two days after North Korea sharply raised tension by firing a missile over Japan. Safe-haven assets, gold and silver were trading in the negative territory during Wednesday's trading session on the back of subdued demand for precious metals by jewellers, indu... [Full Article...]

Oil prices fall as refinery production dips in US

Oil prices fall as refinery production dips in US US West Texas Intermediate (WTI) crude futures were at Dollars 46.35 per barrel at 0155 GMT, down 9 cents from their last close. On worldwide oil markets, Brent crude futures were up 20 cents or 0.4 percent, at $52.09 per barrel. Reformulated gasoline blendstock traded up about 2.4% at almost $1.68 a gallon, up about 10 cents over the past five trading days. If these refineries are shut down for... [Full Article...]

U.S. gasoline prices soar on Texas floods

U.S. gasoline prices soar on Texas floods But filling tanks was already becoming hard Thursday in central Texas, where some stations were out of gas and pump costs have risen steeply. Gas prices spiked overnight and are up 10 cents a gallon since Hurricane Harvey struck Texas. US condensate accounts for about a third of the diluent that Canadian oil sands producers use, Birn said. With the largest refinery in the United States close... [Full Article...]

Energy secretary Perry taps oil reserve after Harvey's big hit

Energy secretary Perry taps oil reserve after Harvey's big hit Gas prices rose at least 15 cents in 24 hours in several metropolitan areas including Dallas; El Paso, Texas; Athens, Georgia; and Dayton, Ohio, AAA reported Friday. The nationwide average was already higher than most experts had given as a worst-case scenario when flooding from the devastating storm began knocking out refineries along the Texas Gulf Coast a week ago. [Full Article...]

Otonomy, Inc. (NASDAQ:OTIC) Experiences Heavy Trading Volume

Otonomy, Inc. (NASDAQ:OTIC) Experiences Heavy Trading Volume In this case performance of tends to percentage rate of return for a stock for a given time frame. This shocking fall comes just after OTIC reached a 19-month high of $21.15 yesterday. On Thursday, July 30 the stock rating was downgraded by Bank of America to "Neutral". The firm has "Sector Perform" rating given on Monday, August 22 by Scotia Capital. [Full Article...]

Colts trade Dorsett to Patriots for QB Brissett

Colts trade Dorsett to Patriots for QB Brissett New England lost wide receiver Julian Edelman to a torn ACL in the team's third preseason game. Overall, the Colts need help at Quarterback with Andrew Luck's uncertain help and they can certainly spare to lose a WR. It really just depends if Brissett is actually good. That might seem like a longshot, but others have done so on similarly short prep. Just as interesting is the impact of the t... [Full Article...]

Gareth Southgate: 'England did a professional job'

Gareth Southgate: 'England did a professional job' We want to blow teams away. Many England supporters voted with their feet, missing the three late goals against tiring opponents ranked 190th in the world, preferring the guaranteed entertainment back among the bars of St Julian's Bay. Its official, Harry Kane can't score a goal for love nor money in August - he even admitted it himself. "I think attacking players and players that dribble ... [Full Article...]

Shell Midstream Partners, LP (NYSE:SHLX) Trading Volume Significantly Lower

Shell Midstream Partners, LP (NYSE:SHLX) Trading Volume Significantly Lower ValuEngine cut Summit Midstream Partners, from a "hold" rating to a "sell" rating in a report on Saturday, May 27th. The stock increased 1.66% or $0.32 on September 1, reaching $19.59. The company was downgraded on Friday, February 5 by Credit Suisse. The firm has "Outperform" rating by RBC Capital Markets given on Wednesday, November 4. [Full Article...]

Keep Your Active Eyes on Itau Unibanco Holding SA (ITUB)

Keep Your Active Eyes on Itau Unibanco Holding SA (ITUB) The company saw 10.26 million shares trade hands over the course of the day. (NYSE:IBM) has risen 4.86% since September 2, 2016 and is uptrending. It has underperformed by 15.46% the S&P500. As per Wednesday, October 19, the company rating was downgraded by Howard Weil. The stock has "Buy" rating by Argus Research on Wednesday, August 26. [Full Article...]

US Jobs Numbers Fall Short in August

US Jobs Numbers Fall Short in August As a result, the unemployment rate ticked up one-tenth of a percentage point to 4.4 percent. Economists had been expecting payrolls to grow by 180,000 in August and the unemployment rate to hold steady at 4.3%. The FTSE 100 has trimmed gains after U.S. jobs figures came in well below expectations. The Atlanta Fed Jobs Calculator shows that the United States economy needs to add +115K jobs each m... [Full Article...]

L'Oréal Fires First Transgender Model For Saying All Whites Are Racially Violent

L'Oréal Fires First Transgender Model For Saying All Whites Are Racially Violent In another post she urged people to boycott the brand stating that the company only cares about money. Earlier this week, beauty giant L'Oréal Paris made headlines for hiring transgender model Munroe Bergdorf to appear in its YoursTruly True Match ad campaign. [Full Article...]


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