Markets
Trader Alert: Unusual Volume Spotted in Foot Locker, Inc. (NYSE:FL)
Aviance Capital Partners LLC now owns 15,688 shares of the textile maker's stock worth $1,062,000 after buying an additional 46 shares in the last quarter. For the past 5 years, Mondelez International, Inc.'s EPS growth has been almost 1.4%. The institutional investor owned 1,360 shares of the textile maker's stock after buying an additional 213 shares during the period. [Full Article...]
Comey Was Allegedly Worried About Rosenstein Appointment
In closed-door meetings with lawmakers on Thursday and Friday, Rosenstein said he wrote the memo after Trump told him one day before the May 9 firing that he wanted to dismiss Comey. "The appointment of former FBI director and respected lawyer Robert Mueller as special counsel for the Russian Federation investigation is a positive development and will provide some certainty for the American pe... [Full Article...]
Chinese Chicken Is Headed To America. But It's Really All About Beef
China said Friday it will lift its long-standing ban on United States beef and increase market access for financial firms, as part of initial results of the 100-day action plan of the world's two largest economies to reshape their trade relationship. [Full Article...]
Kuwait Seeks Oil Cuts in 2018
Global oil supply fell by 41,000 barrels per day (bpd) in April, the Organisation of Petroleum Exporting Countries ( OPEC ) said in this month's oil market report . Oil benchmarks spiked by almost 2% on Friday (19 May), as traders continued to price in production cuts and extended their long plays, or bets in favour of rising prices, based on robust statements on lowering production from majo... [Full Article...]
Examining the Numbers for Energy Transfer Equity, L.P. (NYSE:ETE)
Nbw Capital Llc sold 37,664 shares as Energy Transfer Equity Lp (ETE)'s stock 0.00%. Salem Investment Counselors Inc. now owns 58,630 shares of the pipeline company's stock worth $1,147,000 after buying an additional 1,430 shares in the last quarter. [Full Article...]
Trump assails 'witch hunt' after naming of special counsel
Mr Trump can't sack a special counsel although Mr Rosenstein - who was nominated for his role by the President and helped work on the sacking of Mr Comey - could dismiss Mr Mueller. The comments mirrored a speech by Trump on Wednesday, before Mueller's appointment was announced, in which he said no politician in history "has been treated worse or more unfairly". [Full Article...]
Kentucky's jobless rate increases slightly in April
The unemployment rate for April was up 0.1 percentage points from the 5 percent reported in March. That rate - called a U-6 rate - measures "unemployed, underemployed and those who are not looking but who want a job". The education and health services sector was also 4,000 or 1.5 percent higher in April 2017 than in April 2016. The transportation and utilities sector had the most job growth on... [Full Article...]
Trump Hits Lowest Approval Rating As President
The net negative of 12 percentage points for the president marked his lowest approval rating recorded by the polling group, Morning Consult reports. Do you think they need to tone it down? The decline in support from Republicans appears to be a primary reason why Mr Trump's overall approval rating is now at the lowest level since he took office. [Full Article...]