Markets
The Assetmark Inc. Has $551000 Position in Xerox Corp (XRX)
Ftb Advsrs stated it has 0.01% of its portfolio in Xerox Corp (NYSE:XRX). Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Sure, the percentage is discouraging but more headwinds are coming as looking out over a next 5-year period, analysts expect the company to see its earnings go down by -0.11%, annually. [Full Article...]
Carnick & Kubik Group LLC Acquires 5202 Shares of Occidental Petroleum Co. (OXY)
Apriem Advisors now owns 1,522 shares of the oil and gas producer's stock worth $111,000 after buying an additional 302 shares during the last quarter. TRADEMARK VIOLATION NOTICE: "Nwam LLC Buys 182 Shares of Occidental Petroleum Co ". Another trade for 6,000 shares valued at $1.32 million was made by MCDONALD WILLIAM E on Friday, February 17. [Full Article...]
U.S. Companies and Cities Agree to Uphold Paris Agreement
It was agreed by leaders from 195 countries at a big meeting in Paris, France . "Recent observations show they are now on the way toward overcoming this challenge". Germany's environment minister, Barbara Hendricks, told reporters in Berlin that other countries will fill the leadership vacuum but none will be expected to make up the shortfall in emissions reductions caused by Washington's ex... [Full Article...]
Business Leaders Quit Trump's Advisory Council After Climate Deal Exit
Part of United States president Donald Trump's justification for pulling the country out of the global Paris climate agreement yesterdaywas that the deal wouldn't reduce temperatures enough to make an impact. Almost 4,000 miles away, Parisian Raphael Angeli said Trump's decision puts him at odds with many of his fellow citizens and much of the world. [Full Article...]
Eni launches multi-billion dollar gas project in Mozambique
Technip FMC has won a contract for work on the Coral South floating liquefied natural gas facility (FLNG) project offshore Mozambique. It is the first project in the development of the considerable gas resources discovered by Eni in Area 4 of the Rovuma Basin. [Full Article...]
Today Abbvie Incorporated (NYSE:ABBV) Reported Decrease in Shorted Shares
The stock rose 0.79% or $0.53 reaching $67.24. The Legal & General Group Plc holds 7.61 million shares with $476.30 million value, up from 7.52M last quarter. Beese Fulmer Inv Mngmt holds 15,042 shares or 0.24% of its portfolio. 120,566 are owned by Royal National Bank Of Scotland Group Public Limited. (NYSE:JPM) to report earnings on July, 13. [Full Article...]
Landslide buries California's scenic highway near Big Sur
Millions of tons of rock and debris slid and covered 1/3 mile of roadway, according to Caltrans Monday. California's record rains have caused over $ 1 billion in highway damage this fiscal year which ends in June. He says fix crews removed their workers from the area last week after realizing the saturated soil was increasingly unstable. No one was injured in the landslide. [Full Article...]
Rumour: Apple's MacBook Pro to get an upgrade next week
Recently, Apple has made an update to their online store in order to show that the order for the MacBook Pro (the 15-inch version) placed today should be delivered for free sometime between June 6 and 8, or at least in the US. Many expect that Apple's WWDC event this year will bring not only software, but also hardware announcements, with news about upcoming iPad models among them. [Full Article...]