Stories about Finance

Aug 29 2017

Harvey expected to trigger modest gas price hike

If that happens, we will feel it at the pumps. The hurricane eye made landfall just northeast of Corpus Christi, where refinery facilities account for 4.2 percent of tota...

Aug 29 2017

Hurricane Harvey: Here's Why Texans Might Need To File Insurance Claims ASAP

Most of the flood damage from Hurricane Harvey will be covered under FEMA's Flood Assistance program, but what about all that wind damage that toppled trees and smas...

Aug 29 2017

Southwest expanding non-stop service from St. Louis to San Jose, Sacramento

Southwest Airlines is expanding its non-stop network from St. Louis Lambert International Airport (STL) to cover the entire San Francisco Bay Area with the announcement ...

Aug 29 2017

Apple Inc. (NASDAQ:AAPL) & Microsoft Corporation (NASDAQ:MSFT) Touching Most Active List

Dodge & Cox acquired a new position in shares of Microsoft Corporation during the fourth quarter valued at approximately $2,658,504,000. Goldman Sachs Group Inc (NYSE:GS)...

Aug 29 2017

What to expect from Tropical Storm Harvey into next week

The storm , which made landfall as a Category 4 hurricane but was downgraded to a tropical storm on August 26, has caused major flooding throughout the Houston a...

Aug 29 2017

Tenet Healthcare Corp (NYSE:THC) Institutional Investor Positioning

Tenet Healthcare Corp now has $1.69 billion valuation. About 594,449 shares traded. Tenet Healthcare Corporation (NYSE:THC) last released its earnings results on Monday...

Aug 29 2017

Don't panic, Hurricane Harvey could send gas prices up

The gasoline crack spread was up as much as 18 percent Monday, the most since February, implying higher margins for those refineries that are still operational. The Pen...

Aug 29 2017

Brewery stops canning beer to bottle water for Harvey victims

The Cartersville location, which opened in 1993, serves Georgia, Alabama, Florida, Tennessee and SC. MillerCoors is shipping 50,000 cans of drinking water from its Shen...

Aug 29 2017

Utah Retirement Systems Lowers Stake in Marathon Petroleum Corporation (MPC)

Another trade for 28,756 shares valued at $1.46 million was sold by Kelley Thomas M . Marathon Petroleum Corp (NYSE: MPC ) has risen 46.20% since August 28, 2016 and is ...

Aug 28 2017

Puppet Announces Puppet Enterprise for VMware Cloud on AWS

August 28, 2017: Fujitsu America, Inc. today announces the immediate availability of a new appliance that addresses the business needs of enterprise customers seeking r...

Aug 28 2017

Crude Oil Falls To Monthly Low, Gas Surges On Harvey

As Hurricane Harvey comes ashore numerous countries oil refineries are in its path and have had to shut down. On the New York Mercantile Exchange, West Texas Intermediate...

Aug 28 2017

Blow for plastic manufacturers as court fails to suspend ban

The ban on plastic bags takes effect today (Monday, August 28), even as Governors on Sunday added their voices to the issue, declaring their support for the directive, sa...

Aug 28 2017

Average retail gas prices rise in ME 1.1 cents per gallon

Despite the increase in average gas price across the state, not all locations saw a rise, AAA Kansas notes. According to GasBuddy , the average prices in IL have risen a...

Aug 28 2017

Oil platforms being evacuated due to Tropical Storm Harvey

The amount of production offline on Sunday was roughly 378,633 barrels of oil per day out of the roughly 1.75 million bpd pumped from the Gulf . "A prolonged disruptio...

Aug 28 2017

Revision in Analysts' Earnings Estimates: Plains All American Pipeline, LP (PAA)

They expect $1.72 earnings per share, up 3,540.00% or $1.77 from last year's $-0.05 per share. Plains All American Pipeline, L's P/E ratio is 15.37 and the market cap i...

Aug 28 2017

Hyperloop Competition Winners Get Above 200 miles per hour

Elon Musk is confident that the speed of Hyperloop pods can be pushed as high as 600mph on the SpaceX test track. Sunday's competition was the second hosted by SpaceX ...

Aug 28 2017

Verstappen on Red Bull future: 'Can't call it bad luck anymore'

Verstappen was so exasperated after his latest setback that he sarcastically compared his auto to Fernando Alonso's malfunctioning McLaren in terms of reliability - or la...

Aug 28 2017

Yellen and Draghi Both Defend Post-Crisis Financial Regulation

It's unclear if President Donald Trump -a sharp critic of the Dodd-Frank regulatory overhaul spurred by the 2008 financial crisis -will nominate her for another term or...

Aug 28 2017

Gilead to buy Kite for promising cancer therapies in $12 billion deal

On Thursday, September 10 the stock rating was upgraded by Jyske Bank to "Strong Buy". The firm has "Buy" rating given on Thursday, January 5 by Argus Research. Since Mar...

Aug 28 2017

About 22 percent of US Gulf oil output offline due to Harvey

Texas is home to 5.6 million barrels of refining capacity, and Louisiana has 3.3 million barrels. Some tracking models show the storm could circle back out over Gulf wa...