Stories about Finance

Sep 01 2017

Oil Prices Fall, But Gasoline Surges as Harvey Forces Refinery Shutdowns

Harvey, the strongest storm to hit the USA since 2004, made landfall as a hurricane Friday, flooding cities and shutting plants able to process some 2.26 million barrels ...

Sep 01 2017

Were Analysts Bearish Marathon Petroleum Corp (NYSE:MPC) This Week?

The firm has "Hold" rating by Jefferies given on Wednesday, March 16. Four equities research analysts have rated the stock with a hold rating, twelve have issued a buy ra...

Sep 01 2017

Traders Buy High Volume of Cabot Oil & Gas Corporation Put Options (COG)

Since the beginning of the calendar year, the stock is -14.17%. About 562,498 shares traded. ( NYSE:NKE ), 25 have Buy rating, 2 Sell and 15 Hold. Therefore 57% are posit...

Sep 01 2017

Teacher Called Her Out For Menstrual Blood. She Killed Herself

Police have filed a case of abetment of suicide but no arrests have been made yet. According to the victim's mother, her daughter got her period during the teacher's ...

Sep 01 2017

RBC Capital sees 'buying opportunity' for Indivior after court ruling

The average market share of Suboxone Film in the United States was 6% in 2016, it said, and it accounted for 80% of Indivior's total revenues past year. "We remain conf...

Sep 01 2017

Numis Securities Ltd Reaffirms Buy Rating for Emis Group Plc (EMIS)

Bridgeway Management Inc owns 0.02% invested in Mannatech, Inc. Barclays Plc invested in 0% or 21,677 shares. Hightower Advsrs Limited Liability reported 13,783 shares. T...

Sep 01 2017

Volkswagen Scrappage Scheme Launched, Offers Big Savings

VW's United Kingdom schemes follow those introduced in Germany which offer a discount of up to 10,000 euros (£9,000) to trade in diesel vehicles. A number of other vehi...

Sep 01 2017

Bajaj Auto sales increase 3% in August

Bajaj Auto sold 171,664 units in August 2017 and for the month of August 2016, it sold 174,719 units. The sales for the same period past year was 897,923 units. The tota...

Sep 01 2017

Harvey effect: Gas surges, oil drops

Harvey has shuttered about 23% of US refining capacity, with multiple refineries in the Houston, Port Arthur and Beaumont, Texas, areas closed, including the nation's la...

Sep 01 2017

This is How Hurricane Harvey Is Driving the Price of Gas

Almost 30% of the nation's refining capacity along the Gulf Coast has been shut or reduced operations due to flood waters associated with the storm. Other estimates hav...

Sep 01 2017

Eid-El-Kabir - Police Restricts Vehicular Movement in Maiduguri

According to Osu in a statement in Abuja, as he urged Muslims and Nigerians in general to use the period to pray for the unity and peace of Nigeria and shun hate campaign...

Sep 01 2017

US Taps Strategic Petroleum Reserve After Hurricane Harvey

The Colonial Pipeline Co, which operates the biggest US fuel transport system, said it would shut its main lines to the Northeast amid outages at pumping points and lack ...

Sep 01 2017

Is Frontier Communications Corporation (FTR) Hold Now?

Frontier Communications Corporation (NASDAQ:FTR) has seen its stock price gain 37.30, or -73.57%, so far in 2017. It has underperformed by 3.98% the S&P500. Finally, Fir...

Sep 01 2017

Ballentine Partners LLC Invests $392000 in Halliburton Company

Texas Yale Capital Corp. maintained its stake in shares of Halliburton Company (NYSE: HAL ) during the second quarter, according to its most recent 13F filing with the Se...

Sep 01 2017

Commits $1 million for aid to Hurricane Harvey victims in Texas

The Red Cross is also calling for licensed mental health professionals to help with the Hurricane Harvey response. "The Virginia Region has 41 Red Cross responders who ...

Sep 01 2017

Trump says tax overhaul will 'bring back Main Street'

At the same time, according to the report , he said that "if you are going to say that Mexico is not going to pay for the wall, then I do not want to meet with you guy...

Sep 01 2017

Dollar rebounds, Asia stocks gain as North Korea missile fears recede

With Tropical Storm Harvey shutting over a fifth of USA refineries, US gasoline futures RBc1 were up 4.4 percent at $1.8624 a gallon, having hit $1.9231, the highest sinc...

Sep 01 2017

Storm Harvey paralyzes a fifth of USA fuel output

The eventual impact to gas prices is likely to be limited by the USA shale oil boom . Harvey rolled into Texas on Friday as a Category Four hurricane, tearing down h...

Sep 01 2017

Lululemon athletica inc. (LULU) Issues Earnings Results

The apparel retailer posted $0.32 EPS for the period, topping analysts' average forecasts of $0.28 by $0.04. the company reported sales of $520.30 M for the period end, c...

Sep 01 2017

Gasoline jumps, crude down; Harvey shuts 24 pct of U.S. refining

Restarting plants even under good conditions can take weeks. "With fully 20 percent of the USA refining capacity offline, attention has been focused on potential shorta...