ECONOMIA

Marathon Oil Corporation (MRO) Stake Reduced by Bellwether Investment Group LLC

Marathon Oil Corporation (MRO) Stake Reduced by Bellwether Investment Group LLC The firm has "Neutral" rating by Instinet given on Thursday, December 15. Marathon Oil Corporation presently has a consensus rating of "Hold" and a consensus target price of $17.42. Investors sentiment increased to 1.24 in Q4 2016. Its down 0.01, from 1.09 in 2016Q3. Mitchell Group Inc now controls 2,609,980 shares worth $30,928,000. Continua a leggere...

How high gas prices rise depends on state of refineries

How high gas prices rise depends on state of refineries The Texas Gulf Coast is feeling the effects of Hurricane Harvey's disastrous power. Texas is home to 5.6 million barrels of refining capacity per day, and Louisiana has 3.3 million barrels. About 22 percent, or 379,000 barrels per day (bpd), of Gulf production was idled due to the storm as of Sunday afternoon, according to the U.S. Bureau of Safety and Environmental Enforcement. Continua a leggere...

Amazon cuts prices of farmed salmon, tilapia in Whole Foods

Amazon cuts prices of farmed salmon, tilapia in Whole Foods The Amazon/Whole Foods merger is seen as a major threat to the organic grocer because it should result in lower priced organic foods. Whole Foods is far from the biggest grocery store chain in the US, with only 470 locations. Already, the internet was buzzing about the lower prices. And investors continued to flee from grocery store stocks on Monday as the initial price cuts went into effect. Continua a leggere...

Infosys promoters to participate in share buyback

Infosys promoters to participate in share buyback Infosys Foundation USA is a philanthropic arm of the company which works towards inspiring children, young adults, and educators to become creators of technology. The promoters group, comprising co-founders and their families hold 12.92 percent of the equity shares. On the NSE, the stock gained 3.16 per cent to end at Rs. Continua a leggere...

(BBY) Shares Bought by Blair William & Co. IL

(BBY) Shares Bought by Blair William & Co. IL Nordea Investment Management AB has an ownership of 15,000 stocks of the technology retailer's shares valued at $860,000 after scooping up an extra 48 shares through out the quarter. The original version of this story can be read at https://stocknewstimes.com/2017/08/29/omers-administration-corp-purchases-shares-of-48800-best-buy-co-inc-bby.html. Continua a leggere...

House price growth slows to annual rate of 2.1% - Nationwide

House price growth slows to annual rate of 2.1% - Nationwide Homebuyers in London and the South East have been the most hit by higher stamp duty than the rest of the country since a progressive system of taxation - according to which higher valued properties pay a greater share of total tax than before - was introduced previous year. Continua a leggere...

Uber settles P 150M fine set by LTFRB

Uber settles P 150M fine set by LTFRB However, it can not resume operations just yet, as the LTFRB still requires Uber to submit proof from its depository bank that it paid P299.24 million as payment to its drivers during the days they were not allowed to ply the streets. Aileen Lizada, LTFRB Board member and spokesman, said that the ride-sharing company earned up to P10 million daily from about 150,000 trips. Uber was suspended ... Continua a leggere...

Uber Introduces New Safety Features To Protect Drivers

Uber Introduces New Safety Features To Protect Drivers Uber is the native ridesharing app, and now it announced the two new features like "In-app chat" and "multi-destination". It is cost effective as it is not essential to switch the apps and no need to waste call charges. Uber is hoping the new features will give its cab-aggregation app an extra edge over home-grown ride options like Ola . It is useful for the one who is going home after having the... Continua a leggere...

Bank of Montreal reports higher Q3 profit, but keeps dividend unchanged

Bank of Montreal reports higher Q3 profit, but keeps dividend unchanged The company has market cap of $59.88 billion. Bank Of Montreal has a 12 month low of $62.32 and a 12 month high of $78.00. The stock's 50 day moving average price is $74.90 and its 200 day moving average price is $73.32. Toronto-Dominion Bank (TSX:TD) and Montreal-based National Bank (TSX:NA) report their third-quarter results later this week. In terms of recent volatility, the average for the mon... Continua a leggere...

Dara Khosrowshahi's likely exit major loss for Expedia

Dara Khosrowshahi's likely exit major loss for Expedia Uber's search for a replacement for Travis Kalanick comes to an end, with Khosrowshahi appointed CEO. In the court filing, Kalanick said he had initiated arbitration proceedings against Benchmark, arguing that the DE court where the lawsuit was filed does not have jurisdiction over board voting matters. Continua a leggere...

Kroger customers encouraged to help raise support for hurricane relief efforts

Kroger customers encouraged to help raise support for hurricane relief efforts The volunteers are from the northwest Missouri chapter in St. Joseph, Mo. As The Washington Post's Peter Holley reported previous year, a 2015 NPR and ProPublica investigation revealed that the Red Cross had only built six permanent homes in Haiti even though it had collected nearly a half-billion dollars in donations. Continua a leggere...

Waterloo station reopens with delays and cancellations

Waterloo station reopens with delays and cancellations A number of platforms at the station had already been closed throughout August as work to extend them began. Chloe Grover wrote: "Cancellations, delays, no info". But Network Rail said it expected Waterloo "to be fully reopened. for our passengers" on Tuesday. He added: "The work will benefit the many millions of passengers who use the station, for decades to come, turning Waterloo into a tran... Continua a leggere...

Enterprise Products Partners LP

The firm has "Buy" rating by Stifel Nicolaus given on Monday, January 11. The institutional investor owned 57,834 shares of the oil and gas producer's stock after selling 4,869 shares during the period. (NYSE: EPD ) earned "Buy" rating by Wunderlich on Wednesday, August 31. The stock has "Buy" rating by Mizuho on Friday, September 30. The rating was maintained by Barclays Capital on Friday, August... Continua a leggere...

Mitie investigated by Financial Conduct Authority over timing of profit warning

Mitie investigated by Financial Conduct Authority over timing of profit warning Mitie said it is fully cooperating with the FCA, having been informed of the investigation on Friday, and added it does not intend to issue updates to the market until the investigation is completed. The company turned to an operating loss of GBP42.9 million for the year ended March 31, 2017, from a profit of GBP107.6 million in 2016. It said that the regulator was also looking at the "manner an... Continua a leggere...

Freeport-McMoRan to Sell 51% Stake in Grasberg, Wins Permit Extension

Freeport-McMoRan to Sell 51% Stake in Grasberg, Wins Permit Extension The agreement also reduces the risk of another stoppage to copper concentrate exports from Grasberg. The mine is located in Indonesia's eastern province of Papua, on the island of New Guinea. Indonesian Energy Minister Ignasius Jonan said negotiations were not easy, but had concluded well. The talks became more urgent this year as its existing 30-year contract is due to expire in 2021 and the gove... Continua a leggere...

Renault-Nissan, China's Dongfeng announce e-car venture

Renault-Nissan, China's Dongfeng announce e-car venture China scooped the six top slots in a global index of electric vehicle manufacturers in a sign its strategy to develop the sector may be making headway. (0489.HK) to make a battery-powered automobile in the world's biggest auto market, where electric-vehicle sales are expected to rise. Nissan Motor and its alliance partner Renault are setting up a new joint venture in China with Dongfeng Moto... Continua a leggere...

Ford teams with Domino's on self-driving pizza delivery test

Ford teams with Domino's on self-driving pizza delivery test That's what Domino's and Ford will try to find out in the coming weeks when they deploy a jointly-developed self-driving auto into the streets of Ann Arbor, Mich., that's equipped with a heated compartment hidden behind the passenger side rear window that rolls down and dishes out orders when a customer enters an access code into a tablet installed on the side of the vehicle. Continua a leggere...

Screaming Passenger Removed From SF-Bound Plane

Screaming Passenger Removed From SF-Bound Plane She said a half hour into the flight she noticed the flight crew pacing back and forth in the aisle. "We landed and you could see (police) through the windows". The passenger continued to shout and fight until he was removed. The flight from Mexico City was diverted to Guadalajara, when the unnamed male passenger began to violently lash out at crew members and fellow passengers. Continua a leggere...

Marquez breaks barrier for British MotoGP pole

Marquez breaks barrier for British MotoGP pole Marquez was unfortunate to suffer an engine failure. Valentino Rossi claimed his 190th podium in his 300th premier class race, but it was a story of what could've been for Rossi who led for 17 of the 20 laps, before Dovizioso passed him, half a lap later ViƱales went past him and he had to settle for third. Continua a leggere...

Oil markets roiled as Harvey hits U.S. petroleum industry

Oil markets roiled as Harvey hits U.S. petroleum industry At a Saginaw QuikTrip, a gallon of regular unleaded was advertised at $2.09 Monday morning, but by the afternoon the price rose to $2.24. "The Gulf Coast over the next week will probably see prices go up anywhere from 15 cents to 30 cents per gallon", he said. Continua a leggere...


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