• How major U.S. stock market indexes fared on Wednesday

    Economy

    The region-wide MSCI Asia ex-Japan Index added 0.25% by 07:00 GMT while Japan's Nikkei 225 slipped into negative territory in the final hour of trading to close 0.01% lower at 18,430.49 points. US data showed a counter-seasonal build in gasoline inventories and a smaller-than-expected decline in overall crude stocks and sent USA crude below the $52 a barrel mark for the first time in two weeks.
  • Only 34 New England Patriots showed up to meet Trump

    Only 34 New England Patriots showed up to meet Trump

    Economy

    It was reported during the week before the Super Bowl that his mother had been battling illness, which was later revealed to be cancer, for at least 18 months. Gronkowski interrupted White House press secretary Sean Spicer during his press briefing. The President praised the Patriots for being supporters of the military and veterans, pointing out that seven wounded veterans from the Walter Reed Military Medical Center were also in attendance for Wednesday's ceremonies.
  • Exxon Mobil plans multi-billion dollar plant near Texas Gulf

    Exxon Mobil plans multi-billion dollar plant near Texas Gulf

    Economy

    The Port has excellent rail and highway network connectivity via three North American Class-1 railroads and two major interstates. The plant would produce ethylene, one of the key ingredients for products ranging from antifreeze to plastics and it is scheduled to come online as early as 2020.
  • Oil prices claw back losses, but oversupply still weighs

    Economy

    Before the EIA report, benchmark West Texas Intermediate (WTI) crude for May delivery traded essentially flat at around $52.42 a barrel and dipped to $52.35 shortly after the report's release. As Saudi Arabia is overcomplying with the OPEC production cuts and showing fellow OPEC members a "lead by example", the Kingdom cut its crude oil exports in February to the lowest level since May 2015, while Saudi refineries processed record amounts of supply for domestic use.
  • Skechers U.S.A., Inc. (NYSE:SKX) Under Analyst Spotlight

    Skechers U.S.A., Inc. (NYSE:SKX) Under Analyst Spotlight

    Economy

    The stock, after opening at $6.11, closed at $6.20 by scoring 0.65%. A number of other brokerages have also issued reports on SKX. Finally, Susquehanna Bancshares Inc reaffirmed a "negative" rating and set a $25.00 target price (down from $30.00) on shares of Skechers USA in a report on Wednesday, March 29th.
  • GM halts operations in Venezuela after factory is seized

    GM halts operations in Venezuela after factory is seized

    Economy

    In addition, other assets of the company, such as vehicles, have been illegally taken from its facilities". GM's subsidiary in the country - General Motors Venezolana - has operated in Venezuela for almost 70 years. GM will continue to provide aftermarket service and parts for its customers through its dealers, it added. In the second quarter of 2015, the company took a $720 million charge for currency devaluation and asset valuation write-downs as the economy faltered.
  • Sarin or similar used in Idlib attack

    Economy

    He spoke on condition of anonymity under military briefing rules. At least 87 people were killed in the town on that day. The United States and many other nations have called the attack a chemical weapons attack and accused the Syrian government of responsibility.
  • Fortuna Silver Mines Inc. (NYSE:FSM) Quarterly Sales Review

    Economy

    Relative Strength Index (RSI) was 43.03. Zero analysts have made estimates for Fortuna Silver Mines' earnings. (FSM) is at 37.19. It's now trading about -49.33% below its 52-week high. Revenue is the amount of money that a company actually receives during a specific period, including discounts and deductions for returned merchandise.