Business


Stamp Out Hunger: National Association of Letter Carriers food drive Saturday Stamp Out Hunger: National Association of Letter Carriers food drive Saturday
- May 10, 2018

To donate food all you need to do is put the items below your mailbox and the mail carrier will take care of the rest. Typically, bags are left at mailboxes along the respective postal routes, which local residents are encouraged to fill with food so it can be picked up during the collection day on Saturday. (more...)
IShares Currency Hedged MSCI Italy ETF (HEWI) Rises 0.8% for May 9
- May 10, 2018

Investors are constantly trying to set themselves up for success when dealing with the stock market. There are many different reasons why markets may see increased volatility. A move above 70 is widely considered to show the stock as overbought, and a move below 30 would indicate that the stock may be oversold. Alternately, if the indicator goes below -80, this may point to the stock being oversold. (more...)
Venezuela, Iran Worries Lead WTI Back Over $70 Venezuela, Iran Worries Lead WTI Back Over $70
- May 10, 2018

The average price of gas in the U.S.is up 7-cents over the past two weeks. Padon Vannarat, an energy stock analyst at Yuanta Securities, said the rising prices also reflect the stock market in Thailand, while many petroleum-related stocks may be highly active this week. (more...)
USA government raises crude output forecast for 2018 USA government raises crude output forecast for 2018
- May 10, 2018

Crude stocks at the Cushing, Oklahoma, delivery hub rose by 1.4 million barrels, EIA said. The agency sees total crude and petroleum product net imports to fall from an annual average of 3.7 MMbpd in 2017 to an average of 2.6 MMbpd in 2018 and to 1.5 MMbpd in 2019, which would be the lowest level of net imports since 1958. (more...)
Q1 2018 EPS Estimates for Shake Shack (SHAK) Boosted by Analyst Q1 2018 EPS Estimates for Shake Shack (SHAK) Boosted by Analyst
- May 10, 2018

William Blair also issued estimates for Shake Shack's Q2 2018 earnings at $0.20 EPS, Q3 2018 earnings at $0.15 EPS, Q4 2018 earnings at $0.06 EPS and FY2018 earnings at $0.48 EPS. SHAK's previous rating by the firm was a "Neutral". Likewise, the upbeat performance for the last quarter was 47.00% and for the full year it was 63.80%. (more...)
Ford halts F-series, Super Duty production after fire at supplier Ford halts F-series, Super Duty production after fire at supplier
- May 10, 2018

On Wednesday, a spokeswoman of General Motors, Kimberly Carpenter, informed the sources that the company has temporarily halted production of its full-size vans at its Wentzville, Missouri, plant. The fire has also interrupted production at USA factories of General Motors Co., Daimler AG and BMW AG, according to the industry publication. Automakers use magnesium parts to cut weight in vehicles, and improve fuel economy. (more...)
Baidu (NASDAQ:BIDU) Given a $275.00 Price Target at Barclays
- May 10, 2018

On Wednesday, February 14 Jefferies maintained Baidu , Inc. CDNS has diverse figures for different time frames; starting from week's performance it presents bullish trend of 2.52% in last five regular trading sessions. The Baidu Core segment offers products for uses, including Baidu App to access search, feed, and other services using mobile devices; Baidu Search to access its search and other services through mobile browsers; Baidu Feed that provides users with personalized timeline ... (more...)
What Do Analysts Suggest For McKesson Corporation (MCK)
- May 10, 2018

Now, the FactSet Research estimate calls for earnings of US$3.56. These analysts have also projected a Low Estimate of $3.35/share and a High Estimate of $3.66/share. Market capitalization is the total market value of all of a company's outstanding shares. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website . (more...)
United Kingdom lawmakers vote to strike Brexit date from bill United Kingdom lawmakers vote to strike Brexit date from bill
- May 10, 2018

A total of 17 Conservatives defied the Government by supporting the amendment. Notable Tory rebels included former Cabinet minister Lord Patten of Barnes and former deputy prime minister Lord Heseltine. on March 29, 2020 into its own bill to "remove any confusion or concern about what "exit day" means", Brexit Secretary David Davis said at the time. It's created to ensure that there are no legal holes in the United Kingdom statute book when the country leaves the European Union in March ... (more...)
Uber crash auto spotted victim but didn't react says report Uber crash auto spotted victim but didn't react says report
- May 10, 2018

Apparently, the tuning went too far in this case, allowing for the vehicle to ignore bigger objects or to react too slowly. In the March 18 accident an Uber self-driving vehicle struck and killed a 49-year-old woman who was walking across a street in the Phoenix suburb of Tempe. (more...)
PM Modi attacks Rahul Gandhi over ready to be PM remark PM Modi attacks Rahul Gandhi over ready to be PM remark
- May 10, 2018

A delegation of the Congress led by senior leader Anand Sharma met the Election Commission and submitted a memorandum to them in this regard. "We are here to change the Constitution and we'll change it", Hegde had said earlier. The 224-member Assembly expires on May 28 in the state where the Congress is now in power, with 122 seats against the BJP's 43. BJP and Congress have been firing repeated salvos at each other since close to 10,000 voter IDs were recovered from a flat here on ... (more...)
Democrats Push Vote on Sen. Markey's Net Neutrality Measure Democrats Push Vote on Sen. Markey's Net Neutrality Measure
- May 10, 2018

The American Library Association, the largest and oldest library association, is backing the Democrats' move, tweeting , "Starting now, the internet is on #RedAlert". "In the 21st century, the internet is every bit as important to average folks as highways and utilities have been through the 20th century, and we've learned through the years that average folks need some protection from the big boys". (more...)
US Oil Cracks $70 on Venezuela-Conoco Dispute, Iran Sanction Worries US Oil Cracks $70 on Venezuela-Conoco Dispute, Iran Sanction Worries
- May 10, 2018

Iran is the third-largest oil producer in the Organization of the Petroleum Exporting Countries (OPEC), which had recently ordered production cuts despite strong demand. However, the sanctions could take months to go into effect as the United States government develops guidance for companies and banks. Trade data already shows a reduction of Iranian oil supplies to Japan and South Korea, and refinery sources confirmed they had started shifting purchases to other suppliers in preparation for ... (more...)
Mother's Day: Still time to shop Mother's Day: Still time to shop
- May 09, 2018

Spend time with your mom and pick up a gift for her while you're there. While there are many retailers you can shop to find the ideal gift, Huckberry is giving us all the opportunity to find the flawless gift and save a few coins along the way. (more...)
AMC Entertainment (AMC) Posts Quarterly Earnings Results, Beats Expectations By $0.12 EPS AMC Entertainment (AMC) Posts Quarterly Earnings Results, Beats Expectations By $0.12 EPS
- May 09, 2018

Investors sentiment decreased to 0.91 in Q4 2017. (NYSE: AMC ). Hap Trading Ltd Liability Corp holds 0.04% or 57,280 shs in its capital. Marlowe Partners Lp reported 181,993 shares. On Wednesday, January 10 the stock of AMC Entertainment Holdings, Inc . Analysts have a mean recommendation of 2.00 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). (more...)
Global renewable energy jobs reaches 10.3m in 2017 Global renewable energy jobs reaches 10.3m in 2017
- May 09, 2018

The findings are part of the report of the International Renewable Energy Agency (IRENA) - a global inter-governmental organisation - which on Tuesday released its annual review on jobs in renewable energy (RE) sector in Abu Dhabi. Brazil, the United States, the European Union, and Southeast Asian countries were among the largest employers. He adds that the data also underscores an increasingly regionalised picture. (more...)
Stock Survey of: Twenty-First Century Fox, Inc. (NASDAQ:FOXA) Stock Survey of: Twenty-First Century Fox, Inc. (NASDAQ:FOXA)
- May 09, 2018

Telos Capital Management has 0.08% invested in Twenty-First Century Fox, Inc . ( NASDAQ : FOXA)'s Williams Percent Range, or 14-day Williams %R, is sitting at 37.26 at the time of writing. Barclays Capital has "Overweight" rating and $162 target. On Friday, January 26 the stock has "Buy" rating by Piper Jaffray. The company was downgraded on Tuesday , August 18 by Wells Fargo. (more...)
Solar panels may be a must for California's new homes Solar panels may be a must for California's new homes
- May 09, 2018

A strategic plan drafted by the California Public Utilities Commission in 2008 called for all new construction by 2020 to have net-zero energy needs - that is, to produce enough electricity on their own to avoid having to buy it from the power grid. (more...)
Oil stocks buoy European shares as USA pulls out of Iran deal
- May 09, 2018

For oil and other petroleum products there will be a 180-day period in which people doing business with Iran will be able to wind down those operations before facing penalties. This time, European countries do not support United States policy. US officials indicated late Monday that Trump would withdraw from the deal but it was unclear on what terms and whether sanctions would be announced, said a senior European official closely involved in Iran diplomacy. (more...)
ZTE ceases main business operations after USA ban ZTE ceases main business operations after USA ban
- May 09, 2018

ZTE denies it did not take adequate corrective action. "As of now, the company maintains sufficient cash and strictly adheres to its commercial obligations subject in compliance with laws and regulations", it said. Talk of a trade war between the US and China is now at an all-time high, and even the UK government is getting involved, having warned UK telcos not to use ZTE equipment. (more...)
Oil prices push higher after U.S. walks away from Iran nuclear deal Oil prices push higher after U.S. walks away from Iran nuclear deal
- May 09, 2018

Both contracts continued to pare losses in post trade. The so-called secondary sanctions cut off any worldwide companies that want to continue doing business with Iran from the United States banking system. Among the many factors that were seen as driving the collapse in prices after September 2014 was the huge increase in supply relative to demand, intensified by the boom in shale oil and gas production in the USA, consequent to the earlier price. (more...)
Momentum & Analysis Look at Monster Beverage Corporation (NASDAQ:MNST) Shares Momentum & Analysis Look at Monster Beverage Corporation (NASDAQ:MNST) Shares
- May 09, 2018

The firm is scheduled to report its next quarterly earnings results on Thursday, May 3rd. ( NASDAQ : MNST ) has 27 ratings reports on May 8, 2018 according to StockzIntelligence. The company rating was maintained by Cowen & Co on Monday, January 8. Market capitalization is the total market value of all of a company's outstanding shares. (more...)
MCF Advisors LLC Sells 2270 Shares of Pfizer (PFE) MCF Advisors LLC Sells 2270 Shares of Pfizer (PFE)
- May 09, 2018

The company had revenue of $12.91 billion during the quarter, compared to analyst estimates of $13.14 billion. Revenue only grew by 1% in this quarter, which showed a modest improvement over last quarter's 0.5% revenue growth rate. In the past seven days, the stock price volatility for Snap Inc. was 5.64%, whereas its volatility in the past 30 days has been 4.53%. Investors sentiment increased to 1.06 in 2017 Q4. (more...)
Exxon Mobil Corporation (XOM), BBVA Banco Frances SA (BFR)
- May 09, 2018

Company has kept return on investment (ROI) at 5.70% over the previous 12 months and has been able to maintain return on asset (ROA) at 4.50% for the last twelve months. Big Money Sentiment decreased to 0.84 in Q4 2017. ( NYSE : GIS ) showed a change of -0.47% over the last week and performed -3.20% over the last month while its year to date (YTD) performance revealed an activity trend of -28.59%. (more...)
Saudi Ready to 'Mitigate' Impact of Iran Oil Sanctions Saudi Ready to 'Mitigate' Impact of Iran Oil Sanctions
- May 09, 2018

Mnuchin, speaking to reporters at a news briefing, referred to conversations with "different parties" who would be willing to produce more oil to offset the fall in Iranian output. Key buyers of Iranian crude in Europe are still assessing the impact of the return of U.S. sanctions against Iran, with rival Iraqi and Saudi producers said to be in prime position to eat into Iran's European market share. (more...)

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