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Economy

Last week, refinery runs averaged 16.9 million barrels of crude, up by 241,000 bpd on the week, producing 9.8 million barrels per day of gasoline and 5.2 million barrels per day of distillate, versus 9.9 million barrels of gasoline and 5.1 million barrels of distillate in the week to April 7.
  • British Parliament Votes On Election

    Economy

    He said: "I welcome the announcement by the Prime Minister". "It is essential to get the UK's foundations right, from building a skills base for the next generation, to investing in infrastructure, energy and delivering a pro-enterprise tax environment".
  • Buhari suspends SGF, DG NIA

    Buhari suspends SGF, DG NIA

    Economy

    The investigation has been given two weeks to report to the president. Vice-President Yemi Osinbajo has met with the Secretary to the Government of the Federation (SGF), Mr Babachir Lawal , barely an hour after the announcement of his suspension from office.
  • What are Analyst's Indicators for Corning Incorporated (GLW), TrueCar, Inc. (TRUE)

    Economy

    Corning (NYSE:GLW) had a decrease of 3.32% in short interest. It has outperformed by 8.19% the S&P500.The move comes after 9 months positive chart setup for the $25.22B company. Its up 0.03, from 0.74 in 2016Q3. It turned negative, as 44 investors sold Corning Incorporated shares while 345 reduced holdings. 99 funds opened positions while 190 raised stakes.
  • Oracle to acquire ad measurement firm Moat

    Economy

    Moat was one of the first companies to join a campaign last May to eliminate fraud in the online advertising business . The financial terms of the deal were not disclosed. Oracle is now reviewing the existing Moat product roadmap and will be providing guidance to its existing customers with any resulting feature launches to be determined by Oracle's review of Moat's product roadmap.
  • Allegheny Technologies Inc. (ATI) hit his 1-Year Low price on 05/19/16

    Allegheny Technologies Inc. (ATI) hit his 1-Year Low price on 05/19/16

    Economy

    Analysts believe that we could see stock price minimum in the $4.5 range (lowest target price), allowing for another -20.91% drop from its current position. Allegheny Technologies had a negative return on equity of 6.15% and a negative net margin of 20.45%. The company's revenue was up 7.7% on a year-over-year basis.
  • OPEC chief says producers seek market stability

    OPEC chief says producers seek market stability

    Economy

    Gasoline stockpiles, however, edged up by 1.5 million barrels, defying expectations for a decline of 2 million, according to a survey conducted by S&P Global Platts. "Inventories remain stubbornly high", said Gene McGillian, manager of market research at Tradition Energy in Stamford, Connecticut. US stockpiles and production have cast doubt on whether the OPEC cuts were enough.
  • Movers to Watch Starbucks Corporation (NASDAQ:SBUX), Newmont Mining Corp (NYSE:NEM)

    Economy

    The number of shares now held by investors is 531.5 Million. James Invest Research has invested 0.67% in Newmont Mining Corp (NYSE:NEM). This is built on a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell. Newmont Mining Corp's payout ratio is now -19.42%. Old Mutual Customised Solutions (Proprietary) Ltd has invested 0.09% in Newmont Mining Corp (NYSE:NEM).
  • Lower Earnings Target Projections: Duke Realty Corporation's (DRE)

    Economy

    Realty Income now has $16.90B valuation. Wells Fargo Mn accumulated 200,140 shares. Conning Inc. now owns 2,380 shares of the real estate investment trust's stock valued at $257,000 after buying an additional 110 shares during the period. (NYSE:AVT). Cornerstone Advsr holds 0.01% in Avnet, Inc. Therefore 54% are positive. SL Green Realty Corp earned a media sentiment score of 0.08 on AlphaOne's scale.
  • US economy shows only modest signs of inflation pressures: Fed

    US economy shows only modest signs of inflation pressures: Fed

    Economy

    The latest report was based on anecdotes covering mid-February through the end of March across the central bank's 12 districts. In its periodic report on economic conditions, known as the beige book, the Fed noted fairly widespread optimism in the manufacturing sector, as output continued to gain, tempered with some caution due to issues including uncertainty over Trump administration trade policies.
  • Fox News is hunting for its Bill O'Reilly exit strategy

    Fox News is hunting for its Bill O'Reilly exit strategy

    Economy

    O'Reilly and enrich themselves through publicity-driven donations". O'Reilly was on a pre-planned two-week vacation and was originally scheduled to return to "The O'Reilly Factor" on April 24. It's the only time that Fox is specific about O'Reilly's history at the company. On Tuesday, 21st Century Fox received an anonymous complaint against O'Reilly from a black female employee who claimed that the anchor had "leered" at her and referred to her as " Hot Chocolate " in 2008.