Markets
Vigilante artist forces Twitter to face up to hate speech
In the video, Shahak Shapira says that despite alerting Twitter to some 300 tweets containing offensive content, the social media company failed to delete most of the messages and in nine of the cases said that the tweets were not in violation of the company's policies. [Full Article...]
Markets Right Now: Dow average ends a 10-day winning streak
Investors, who took the North Korea report from Japan in their stride earlier in the day, lost their appetite for risk after Trump's comments to reporters during his vacation at his golf club in New Jersey. Bond prices rose. The yield on the 10-year Treasury note slipped to 2.25 percent from 2.26 percent late Tuesday. Michael Kors surged 21.5 per cent after reporting 80 cents per share in th... [Full Article...]
Narendra Modi government identifies 5 ports to boost cruise tourism
He was present at "The Dawn Of Cruise Tourism in India" where he blamed the bureaucrats, media and few NGO's who dragged projects to the court there by delaying the completion of various developmental projects. "In principle, the cruise industry will not come to a part of the world where it has to pay GST on the ticket price and on the sales made on board". [Full Article...]
U.S. stocks close lower, snapping Dow's 10-day winning streak
Disappointing quarterly earnings from big corporations such as Walt Disney Co. These negative figures weighed further on the pair taking it from a day high of 0.9663 to the day low of 0.9613 by 1300 BST. The Nasdaq composite lost 37 points, or 0.6 percent, to 6,332. "Tensions will continue to mount and could eventually develop into a "black swan" event that the markets are not prudently consid... [Full Article...]
Analysts Showing Optimistic Trends For Enbridge Energy Partners, LP (EEP)
Davis R M Inc.'s holdings in Enbridge Energy, L.P. were worth $170,000 at the end of the most recent quarter. Several research firms recently weighed in on EEQ. Equities research analysts forecast that Enbridge Energy, L.P. will post $0.78 EPS for the current fiscal year. This represents a $1.40 dividend on an annualized basis and a yield of 9.43%. [Full Article...]
The Aussie state with the highest power prices in the world
This is expected to be part of the next household bill. If the states fail to do so, the party wants the commonwealth to put the Australian Energy Regulator in charge of pricing. that are too high for what they can afford". The government met with the heads of Energy Australia, Origin Energy, AGL Snowy Hydro, Momentum Energy, Alinta Energy, Simply Energy and the Australian Energy Council. [Full Article...]
Marathon Petroleum Corporation (MPC) Holdings Increased by Norges Bank
Its position was valued at $88,580,000 an increase of $13,724,000 according to the filing. Gilead Sciences Inc (Put) now has $95.66B valuation. For the last quarter, the stock has performed -15.35%. Citigroup raised its rating on Marathon Oil Corporation to Buy on 05/07/2017 in a reversal from its prior Neutral rating. TRADEMARK VIOLATION WARNING: "Ingalls & Snyder LLC Increases Position in Mar... [Full Article...]
Starbucks Corporation (SBUX) Stock Rating Reaffirmed by Cowen and Company
IHT Wealth Management LLC increased its stake in shares of Starbucks Corporation by 10.2% in the first quarter. Lee Danner & Bass Inc. now owns 58,296 shares of the coffee company's stock valued at $3,404,000 after buying an additional 6,771 shares during the last quarter. [Full Article...]