Markets

Nation's largest refinery scales back output as Harvey rages

Nation's largest refinery scales back output as Harvey rages In Texas, the average rose to $2.173 a gallon, up from $2.136 a week ago. The storm also revived a long-running debate about the Strategic Petroleum Reserve, which holds 679 million barrels of crude oil in four locations in Texas and Louisiana. [Full Article...]

Toshiba misses own deadline for chip unit sale, increasing future risks

Toshiba misses own deadline for chip unit sale, increasing future risks Bain's new offer is created to get around that problem as it will invite the state-backed investors - the Innovation Network of Japan (INCJ) and the Development Bank of Japan (DBJ) - to invest in the business only after any arbitration with Western Digital is settled, the source said. [Full Article...]

Demonetisation has succeeded in its objectives: Arun Jaitley hits back at Opposition

Demonetisation has succeeded in its objectives: Arun Jaitley hits back at Opposition The minister said that scrapped notes back in the banking system had become effectively usable currency. He, however, hit back at Chidambaram by saying that he took "no steps to fight black money during his own tenure". Using the data provided by the RBI, Chidambaram said, "RBI "gained" Rs 16000 crore, but "lost" Rs 21000 crore in printing new notes! That is 1%. Shame on RBI which "recommended" ... [Full Article...]

Prices continue slow gains

Prices continue slow gains Unless political tensions in Libya and Venezuela continue to escalate and hinder crude oil supply, we believe that the path to success is still long and before we see United States shale production diminishing, prices will not break significantly above the $50 barrier. [Full Article...]

Institutional Investors Hate on Bob Evans Farms Inc Dropped

Institutional Investors Hate on Bob Evans Farms Inc Dropped Bob Evans Farms Inc (NASDAQ:BOBE) institutional sentiment decreased to 0.86 in 2016 Q4. It has outperformed by 38.65% the S&P500.The move comes after 9 months negative chart setup for the $1.26 billion company. Van Hulzen Asset Management Llc, a California-based fund reported 120,878 shares. (NASDAQ:BOBE) to report earnings on Aug, 30 for the fiscal quarter ending Jul 2017. [Full Article...]

Astrazeneca PLC (NYSE:AZN) Closed Under Its 50 Day Moving Average

Astrazeneca PLC (NYSE:AZN) Closed Under Its 50 Day Moving Average Brands, Inc. (NYSE:YUM) on Thursday, June 22 with "Buy" rating. The firm has "Overweight" rating given on Wednesday, October 7 by JP Morgan. The company was upgraded on Tuesday, December 1 by Morgan Stanley. The Market Capitalization of the company stands at 74.09 Billion. It is engaged in four business activities: Innovative Materials, including the manufacture and distribution of flat glass, use... [Full Article...]

Smart Vision EQ ForTwo concept revealed

Smart Vision EQ ForTwo concept revealed The Smart concept reflects parent company Daimler's new "CASE" strategy, which stands for "connected, autonomous, shared and electric", and looks ahead to the potential future of urban mobility in the year 2030 and beyond. The front display and glass door panels can also be customized to show a rider's preferred images, and when no passengers are on board can show news, weather and time for pede... [Full Article...]

Kinder Morgan, Inc. (NYSE:KMI) Continuing to Trade Below Moving Averages

Kinder Morgan, Inc. (NYSE:KMI) Continuing to Trade Below Moving Averages News coverage about Kinder Morgan (NYSE: KMI ) has trended somewhat positive this week, according to Accern. It has underperformed by 3.61% the S&P500. On Sunday, August 16 the stock rating was maintained by Goldman Sachs with "Buy". The rating was maintained by Barclays Capital on Thursday, August 3 with "Overweight". [Full Article...]


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