Markets
South Korea scraps plants, signals shift from nuclear energy
South Korea's President Moon Jae-in has announced his intentions to lead the nation towards a "nuclear-free era", as the country transitions from nuclear power to renewable energy. "We will work toward the goal from a mid-to-long perspective so as to avoid impacting industrial competitiveness, while supporting medium and small businesses". [Full Article...]
Avolon in deal to buy 75 aircraft valued at $8.4bn
In addition, Boeing promises the plane's fuel-sipping CFM International LEAP-1B engines , advanced aerodynamics, and state-of-the-art avionics will help the MAX 10 deliver the lowest unit costs of any single-aisle airliner in history. Norwegian is the European launch customer for the 737 MAX and now operates a fleet of more than 100 Next-Generation 737-800s across its short and medium-haul netw... [Full Article...]
Earnings Analysis Of Adobe Systems Incorporated (ADBE)
The firm has "Neutral" rating given on Wednesday, September 21 by Credit Suisse. Adobe Systems presently has a consensus rating of "Buy" and a consensus price target of $140.51. If you are reading this report on another publication, it was copied illegally and republished in violation of USA and worldwide trademark and copyright law. [Full Article...]
Wall St opens lower as fall in oil weighs
Sponsored Content - Download our Executive Briefing to learn how agency and industry experts are hoping to reduce insider threats. According to reports, Japan's crude imports fell 13.5 percent in May and India imported 4.2 percent less. The euro fell to 1.1147 dollars from 1.1195 dollars, and the British pound slipped to 1.2729 dollars from 1.2780 dollars. Shares of Chipotle Mexican Grill sank, ... [Full Article...]
Target Corporation (TGT) Saw a 52-Week High
San Francisco Sentry Investment Group CA increased its stake in shares of Target Corporation by 0.9% in the third quarter. Insiders have bought 19,000 shares of company stock valued at $1,073,750 over the last 90 days. The ex-dividend date is Monday, May 15th. In recent action, Target Corporation (TGT ) has made a move of -7.64% over the past month, which has come on Strong relative transaction... [Full Article...]
'Oil price may hit $51 per barrel'
Prices are down 1.6 percent this week. Oil has declined nearly 8 percent this month amid speculation that rising U.S. supplies will offset output curbs by the Organization of Petroleum Exporting Countries and its allies, including Russian Federation. [Full Article...]
PennTex Midstream Partners, LP (NasdaqGS:PTXP) Update on QI & Valuation
Wells Fargo upgraded the shares of EQM in report on Monday, January 18 to "Outperform" rating. Veritable Lp reported 0.01% stake. The company's consensus rating on Reuter's scale remained unchanged from 2.12 to 2.12 during a month. Shares for $696,910 were sold by Harris Parker on Tuesday, May 2. Investors may be circling the wagons wondering what's in store for the stock market over the nex... [Full Article...]
Gulf Coast preparing for tropical storm that hasn't quite formed yet
Cindy has top sustained winds of 45 miles per hour and the storm is presently stationary in the Gulf. A Tropical Storm Warning is in effect from High Island, TX, to the mouth of Pearl River. It likely will become Tropical Storm Cindy or a subtropical cyclone in the next couple of days. A tropical storm warning was issued for Trinidad, Tobago, Grenada and the coast of Venezuela earlier Monday. [Full Article...]