Markets
Stock Performance Review on Shares of Investors Real Estate Trust (IRET)
If shares can stay above the price resistance around $11.4/share, that could help propel Pennsylvania Real Estate Investment Trust (NYSE:PEI) higher to the next line of resistance at $11.88/share. Washington Real Estate Investment Trust has a 52-week low of 27.65 and a 52-week high of 34.61. The firm had revenue of $12.03 million during the quarter. [Full Article...]
US appeals court to review Trump revised travel ban
MICHAEL DALY HAWKINS , 72 Clinton, a Democrat, appointed Hawkins in 1994 after Hawkins served as Arizona's top federal prosecutor from 1977 to 1980 and as a U.S. He did not address why Trump hasn't disavowed his calls during the campaign for a ban on Muslims entering the country. If Trump's executive order was the same as the one involving Japanese Americans, Wall said: "I wouldn't be standing ... [Full Article...]
Iraq, Algeria favour extending OPEC-led output cut for six months
For the week to May 2, investors cut bullish bets on Brent to the lowest level since late November, while hedge funds and money mangers also cut gross long positions in USA crude futures to the lowest since early November. Equatorial Guinea, which is Africa's third largest oil producer, said it had support from Saudi Arabia to join OPEC. The report indicated that OPEC's objective to reduce inv... [Full Article...]
Macron Cabinet reflects left, right and centre
Alexis Kohler, the newly appointed Elysee secretary general, presented the politically eclectic list of ministers in Paris on Wednesday afternoon. Center-right Prime Minister Edouard Philippe, whom Macron tapped named Monday, is to lead the government at least until the elections. [Full Article...]
Traveling this Memorial Day weekend? AAA Carolinas says you won't be alone
Nearly 34.6 million Americans will drive to their destinations, an increase of 2.4 percent from a year ago. To avoid spending too much of the holiday weekend in bumper-to-bumper traffic, AAA recommends motorists avoid traveling through major cities during peak travel times. [Full Article...]
$0.24 EPS Expected for Barrick Gold Corp (ABX) This Quarter
Many analysts are providing their Estimated Earnings analysis for Barrick Gold Corporation and for the current quarter 14 analysts have projected that the stock could give an Average Earnings estimate of $0.18/share. According to the Recommendation Trends of the stock polled by Finviz, the company has a consensus recommendation of 2.5 out of the scale from 1 to 5 where 1 stands for Buy and 5 mea... [Full Article...]
Southern California beach closed again due to sharks
The two Monday-morning sharks ranged from 10 to 12 feet long, according to Rod Mellott, San Clemente's marine safety lieutenant. And if that's not enough, early this morning off San Clemente pier - just after beaches were reopened to the public - a local fisherman hooked a 12-foot shark, causing officials to reinstate closures. [Full Article...]
Financials Up as Blackstone Gains on Saudi Investment -- Financials Roundup
Blackstone is aiming to generate a total of US$40bn of committed investor funds to the new vehicle, although it does acknowledge that "The MOU is non-binding, and the parties will continue their negotiation to agree definitive documentation". [Full Article...]