Markets
Gas Prices Soar After Hurricane Harvey
In the Great Lakes region and Central U.S., all states but Missouri saw price increases, and IN saw the largest price increase at 11 cents from one week ago. AAA predicts the next 10 days will see the highest surge in prices of 2017, "likely pushing the national price for gasoline to the $2.50 range and keeping California above $3 a gallon". [Full Article...]
Ryanair CEO says won't make offer for Air Berlin assets
Lufthansa, which now does not offer long-haul flights from Berlin, is especially interested in the carrier's routes to U.S. cities including NY, the source said on Tuesday. Britain's easyJet and Thomas Cook's Condor could split the rest of the fleet between them, media reports have said, with easyJet interested in up to 40 planes and Condor a double-figure number. [Full Article...]
US Coast Guard rescues Houston residents from the air
The rain began lashing Texas late last week, before Harvey made landfall last weekend as a Category 4 hurricane . Crews from Humboldt Bay Coast Guard Air Station, Sacramento, San Diego, and San Francisco deployed on Monday to help with search and rescue operations. [Full Article...]
Harvey Forces US's Largest Refinery to Cut Output to 60% Capacity
In a sign of how exhausting the days-long downpour has been for Texans battling the floods, one evacuee at the civic center even fell asleep on one of the fold-out cots, remaining there as debris-filled floodwaters crept up and started lapping at the legs of the bed. [Full Article...]
Dollar Recovery Undermines Gold Prices, Geo-Political Tensions Still In Focus
Gasoline stocks rose unexpectedly but the trend will likely reverse next week for both crude and gasoline stocks as the impact of Tropical Storm Harvey starts to affect inventory levels. USA stock futures were rising on Wednesday, Aug. 30, and shares in Europe and Asia traded higher as tensions eased a day after North Korea launched a missile that traveled over Japan. [Full Article...]
Analyst Stock Ratings: Parkway, Inc. (PKY), The Goodyear Tire & Rubber Company (GT)
The Firm invests in real estate serving the healthcare industry in the United States. It has a 102.6 P/E ratio. Investors sentiment increased to 1.14 in 2016 Q4. First Trust Advsrs L P invested 0.01% in Cooper Tire & Rubber Co (NYSE:CTB). The firm has "Hold" rating given on Friday, February 24 by Jefferies. The firm earned "Neutral" rating on Thursday, March 30 by Goldman Sachs. [Full Article...]
2009-2016 Volkswagen CC, 2006-2010 Passat, Passat Wagon: Recall Alert
That then set off the US recall, according to documents filed by VW with the US National Highway Traffic Safety Administration . First noticed by officials in China, the recall has been expanded to cover the US because similar vehicles were made for the USA market. [Full Article...]
Amgen Inc. (AMGN) Shares Bought by Telos Capital Management Inc
Selway Asset Management who had been investing in Amgen Inc for a number of months, seems to be bullish on the $125.43B market cap company. Twin Tree Management LP invested in 38,499 shares or 0.06% of the stock. They now have a Dollars 183 price target on the stock. Oppenheimer maintained the stock with "Buy" rating in Monday, June 5 report. As per Wednesday, June 29, the company rating was initi... [Full Article...]