Markets
(NYSE:BBY) second-quarter earnings and sales topped analysts' expectations
During the first quarter, Best Buy reported e-commerce sales growth of more than 22 percent. Institutional investors and hedge funds own 86.43% of the company's stock. Moreover, Paloma Prtn Management Com has 0.08% invested in Best Buy Co Inc (NYSE: BBY ) for 193,335 shares. Another trade for 9,974 shares valued at $597,091 was sold by Walker Patricia H. [Full Article...]
Almost 19 percent of US Gulf oil output shut on Harvey - BSEE
Brent crude futures were up 2 cents at $52.43 per barrel. Patrick DeHaan, a senior petroleum analyst at GasBuddy, said Sunday that the storm's impact on the major American energy hub could soon come into focus. EDT (0747 UTC) gathering temperature data in infrared light (purple). Elsewhere, Harvey is expected to produce total rain accumulations of 5 to 15 inches farther south into the middle T... [Full Article...]
Dara Khosrowshahi all set to take over as Uber CEO
Uber's search for a replacement for Travis Kalanick comes to an end, with Khosrowshahi appointed CEO. Khosrowshahi plans to take the offer, Expedia Chairman Barry Diller said on Monday. Khosrowshahi has consistently scored well at website Glass Door, where executives and companies are anonymously rated by employees past and present, suggesting he might able to parent workers without aliena... [Full Article...]
Kinross Gold Corporation (KGC) Stock Rating Reaffirmed by Royal Bank Of Canada
Wall Street analysts are predicting that Kinross Gold Corp (NYSE: KGC ) will report earnings per share of $0.02 in their quarterly report. While looking the figure depicted by the Price to Earning we can suggest that the shares of Kinross Gold Corporation (KGC ) are overvalued. [Full Article...]
Wisconsin volunteers deploy to Tropical Storm Harvey - Milton Courier : Milton Courier
At the Texas Panhandle Red Cross , officials said they need monetary donations much more than they need supplies. American Red Cross volunteers from Paducah and Owensboro are en-route to aid in tropical storm Harvey recovery efforts in Texas and Louisiana. [Full Article...]
WEC Energy Group, Inc. (WEC) Stock Recap
It has underperformed by 35.45% the S&P500. Brigade Capital Management Lp increased Range Res Corp ( RRC ) stake by 56.27% reported in 2016Q4 SEC filing. Its down 0.05, from 1.06 in 2016Q3. It turned negative, as 57 investors sold RRC shares while 127 reduced holdings. 44 funds opened positions while 114 raised stakes. [Full Article...]
Arizona sends helicopters, personnel to help Harvey response
The crews pulled more than 2,300 people from flooded homes and cars, including 100 rescued by helicopter, during that storm. "We have a compilation of tools that include boats, motors, dry suits, rescue equipment for collapsed structures, rope equipment for confined spaces, and a large compilation of Haz-Mat equipment and tools", said FDNY Battalion Chief Jack Flatley. [Full Article...]
IL gas prices to rise due to Hurricane Harvey
For the third consecutive week, gasoline prices averaged $2.61 Monday morning, according to GasBuddy .com's real-time survey of more than 700 stations in southwestern Pennsylvania. "The reduced inputs to those Gulf refineries will result in an increase in crude inventories", said Tony Headrick, energy market analyst at CHS Hedging , "That outweighs the outages in crude oil production from th... [Full Article...]