Markets
US rig count rises 8 this week to 916; Texas up 5
At&T Inc now has $242.20B valuation. Expedia Inc (NASDAQ:EXPE) has risen 30.43% since June 1, 2016 and is uptrending. Stock has got OUTPERFORM rating from 11 analysts of Thomson Reuters, 12 analysts given HOLD rating to the stock and 0 given UNDERPERFORM rating. [Full Article...]
Venezuela says OPEC's task is stabilise oil market and force inventory-draw
Brent crude oil settled down $2.50, or 4.6 percent at $51.46 a barrel. Both benchmarks were on track for their biggest percentage decline in three weeks. The nine-month extension was largely expected by the market. The cartel next meets in November. Asked whether Russian Federation was ready to reduce oil production by more than the current 300,000 barrels per day, Novak replied this depende... [Full Article...]
Ireland's ruling Fine Gael party set to announce new leader
He was 22 when he entered Irish politics. His position will be confirmed later this month when the Irish Parliament resumes after a break. Varadkar came out publicly in 2015. He has said that he would be a Republican if he was American and a Tory if he was English. History teacher John Huggard said: "Leo was his own man". [Full Article...]
Needham Believes Extreme Networks (NASDAQ: EXTR) Still Has Room to Grow
Extreme Networks, Inc is a provider of network infrastructure equipment. Another critical number in evaluating a stock is P/E or the price to earnings ratio . The Stock now has a Weekly Volatility of 2.54% and Monthly Volatility of 3.65%. Analysts predict that Extreme Networks will post $0.44 earnings per share for the current year. [Full Article...]
Symphony Asset Management LLC Purchases 1862 Shares of Pioneer Natural Resources (PXD)
Ashfield Capital Partners Llc who had been investing in Pioneer Nat Res Co for a number of months, seems to be less bullish one the $28.16 billion market cap company. Horizon Kinetics Limited Company reported 6,655 shares. Capital Advisors Inc. OK acquired a new stake in Pioneer Natural Resources during the first quarter valued at about $660,000. [Full Article...]
(VLO) Position Boosted by Lee Danner & Bass Inc
About 353,866 shares traded. Valero Energy Corporation ( VLO ) closed business day at $62.12 with 1.06%. It has underperformed by 12.64% the S&P500. The stock of Oracle Corporation (NYSE:ORCL) has "Buy" rating given on Thursday, July 30 by Jefferies. 04/18/2016 - Valero Energy Partners LP was downgraded to "hold" by analysts at Deutsche Bank. [Full Article...]
Market report Stocks down as banks slide again
Technology companies continued to surge. Oil prices fell by more than 2% to a three-week low, as rising Libyan production fueled concerns that Opec-led output cuts are being undermined by several countries that are excluded from the deal. [Full Article...]
Democratic Senator: I Don't Think Trump Ordered Comey To Nix FBI Investigation
Also on Thursday, Democrats raised more questions about contacts during the campaign between the Russian ambassador to Washington , Sergey Kislyak, and President Donald Trump's attorney general, former Sen. Sessions, a close Trump adviser, withdrew from the Russian Federation investigation in March after acknowledging two previously undisclosed contacts with Kislyak last summer and fall. [Full Article...]