Business

Abraxas Petroleum Corporation Earnings & Price Target Update

Seaport Global Securities upgraded shares of Abraxas Petroleum Corp. from an accumulate rating to a buy rating in a research report on Wednesday, February 1st...


Stocks slide with crude oil but remain resilient

Crude oil prices may plummet to below $40 per barrel by the end of the year, industry watchers said . What's more, as Sugandha Sachdeva, assistant vice-presi...


Wall Street profits jumped 21 percent in 2016, Comptroller DiNapoli says

The securities industry added 2,800 jobs previous year, bringing the sector's total employment to 177,000, the highest level since the financial crisis, and abo...


Alaska Airlines Adding 6 Destinations in Major San Diego Expansion

Alaska now provides daily nonstop service to Portland, OR (PDX), and Seattle, WA (SEA) from Omaha. The daily roundtrip will be aboard a 76-seat Embraer E175 j...


Abortion Opponents Call GOP Governor's Vow to Fund Planned Parenthood Political Pandering

One of the most recent was in Easton, where Planned Parenthood provided the unsafe RU486 abortion pills and very limited medical services. For many of those...


New Orleans teammates get in heated shoving match during NCAA tournament game

In the most critical juncture of New Orleans' play-in game against Mount St. Marys in the First Four of the NCAA Tournament, Privateers' big man Travin Thi...


ROA of Penn West Petroleum Ltd. (NYSE:PWE) stands at -40

University of MI professor and noted insider trading researcher, Nejat Seyhun, discovered that when insiders bought shares of their own companies, the stocks ou...


Shashank Manohar resigns as ICC chairman citing personal reasons

India, Bangladesh, Sri Lanka and Zimbabwe coming together is good enough to scuttle the process forcing Shashank Manohar the independently elected ICC Chairma...


Oracle Earnings Top Forecasts As Total Cloud Revenue Jumps 62%

Shares rose more than 3.5 percent after hours. Asset Management One Co. Back on 3/15/2016 the company's estimated EPS value was $0.58 and it reported $0.59 ...


Snowshoers missing in Banff National Park buried in avalanche

Staff at the lodge in Field, British Columbia, where the two were staying, said they noticed that the pair did not check out or contact hotel employees by the e...


McDonald's Launches Mobile Ordering in Select Markets

Although it's late to the mobile ordering trend, McDonald's today has begun testing an update to its smartphone app that will allow customers to create an ord...


USA wholesale inflation slower but still robust in February

The Consumer Price Index, CPI, which measures inflation dropped to 17.78 percent (year-on-year) in February 2017, the National Bureau of Statistics , NBS, has ...


GM will rehire 500 MI workers slated for layoffs

The shift will be eliminated because the company is moving production of the GMC Acadia, which was built in Lansing, to a plant in Spring Hill, Tenn. GM said ...


US Producer Price Index Hikes in February

If food, energy and retail margins are stripped out, the more stable core PPI index also rose 0.3%. At the so-called "core" level, prices gained 0.3% on the m...


How major USA stock market indexes fared on Monday

The Russell 2000 index of small-company stocks gained 19 points, or 1.5 percent, to 1,382. Benchmark U.S. crude rose $1.02 to $48.74 a barrel in electronic trad...


United Kingdom cuts Lloyds stake to 2.95%

The government bailed out Lloyds in 2008 after it completed a rescue takeover of rival HBOS, with the taxpayer taking a 43 per cent holding. This includes abo...


Fed hikes key U.S. interest rate to twice what Canada's is

The quarter point rate hike by the US Federal Reserve this morning is not expected to have an impact on New Zealand home mortgage rates , an economist says. ...


United Kingdom parliament backs Brexit bill

Barrister Lord Pannick, who legally represented businesswoman Gina Miller in the challenge that brought the issue to parliament in the first place, last week ...


Cheltenham Festival 2017: Top tips for day one

But Thursday's action takes place on the New Course, with a long run from the second last to the last hurdle, and places an extra premium on stamina. "He's lo...


Four charged, including Russian gov't agents, for massive Yahoo hack

The indictment lists two alleged officers of Russian FSB intelligence agency, Dmitry Dokuchaev and Igor Sushchin . Belan, indicted twice before in the ...


Audi headquarters raided in 'fake emissions' inquiry

Audi admitted in November 2015 that its 3.0 litre V6 diesel engines were fitted with emissions control devices deemed illegal in the United States. In the U....


Drilling Down Into Frontier Communications Corporation (FTR)

While looking at the Stock's Performance, Frontier Communications Corporation now shows a Weekly Performance of -6.97%, where Monthly Performance is -19.09%, ...


Citrix Systems, Inc. (NASDAQ:CTXS), Broadcom Limited (NASDAQ:AVGO)

Following the transaction, the director now directly owns 10,276 shares in the company, valued at approximately $923,915.16. (NASDAQ:CTXS) reported its EPS in t...


The Gilead Sciences, Inc. (GILD) Position Held by Stanley Capital Management LLC

According to the the latest analyst ratings which have been released, 5 brokers have issued a rating of "buy", 10 brokers "outperform", 13 brokers "hold", 0 bro...


Why mood shifted in the global oil market - and might shift again

Moreover, US oil supply growth for 2017 was revised up by 0.10 million barrels per day to 0.34 million barrels per day, following higher rig counts and stronger...


Markets give thumbs up to BJP's big win in state polls

Traders had a field day as both the Nifty and the Sensex soared. The Sensex gained 559 points, or 1.93 percent, at 29,468 while the NSE Nifty was up 178 point...


Fire, explosion at Syncrude plant north of Fort McMurray

Fort McMurray is the largest community in Wood Buffalo. RCMP said they have shut down one southbound lane of traffic on Highway 63, the main road that connect...


India vs Australia: Match referee Chris Broad labels Bangalore pitch as poor

Later that day, Indian skipper Virat Kohli just about stopped short of calling his Australian counterpart a cheat following latter's illegal attempt to involve ...


Toshiba Reportedly Seeks Buyers For Shares In Toshiba Tec

A decision on Westinghouse's future has been complicated by disagreement among Toshiba's creditors over the best way to handle a restructuring of the unit. ...


FICO Policy Changes Mean Your Score May Go Up

This change will apply to new tax lien and civil-judgment data that are added to credit reports as well as existing data on the reports. While it might seem t...


Oil prices fall to three-month low

The nation's crude output has climbed to 9.09 million barrels a day, according to data from the Energy Information Administration . U.S. oil lowers a few cen...


SNL skewers first daughter Ivanka Trump

On Saturday, SNL imagined if President Trump were in that same position. "We know the aliens are killing us, sir", the general character replies. "I like ...


French Connection reports loss for fifth year in a row

Revenue fell to £153.2mln from £164.2mln, reflecting the closure of nine non-contributing stores and three concessions in the retail business as well as a drop ...


Praxair Named a 2017 World's Most Ethical Company by the Ethisphere Institute

With its focus on being a good corporate citizen, Ford Motor Company has been named one of the World's Most Ethical Companies for the eighth straight year - t...


Anadarko Petroleum's (APC) Buy Rating Reiterated at Instinet

The Mean and Low price Targets are $82.58 and $59, respectively. The shares on a weekly note has seen a change in share price of -2.07%.According to the trading...


Which Oil-Weighted Stocks Could Outperform Oil's Downturn?

That accord had aimed to cut world oil supply by 1.8 million barrels a day (around 2% of world output) from January through June, to speed the rebalancing o...


Firms & Funds Favorite: Federal Realty Investment Trust (NYSE:FRT)

The Chemours Company (NYSE:CC) ended its day at $33.80 with the rising stream of 2.52% and its total traded volume was 1.36 million shares less than the average...


Clear-Knee Mom Jeans: Fashion Forward or Fashion Faux Pas?

If your "knee-jerk" reaction is to search for a dislike button, you're not alone. While customised jeans are nothing new - think rock "n" roll rips or embroid...


Stock Alert: The Walt Disney Company (NYSE:DIS)

Yellowstone Partners LLC increased its position in Walt Disney by 16.7% in the second quarter. Aristotle Capital Management LLC now owns 6,906 shares of the e...


Is NYC Suing Verizon For Not Renovating Its Streets?

Verizon argues that where the agreement says that the cable should " pass " a home, it means pass close enough that service can be set up in a reasonable peri...


Kushner closes $4B deal with Chinese insurers to refinance 666 Fifth Avenue

This deal will also make a mortgage that is already owned by the Kushners to reduce its price to one-fifth of the original. "It does sound like a home run of a ...


New Delhi Continues To Be Ranked The Lowest In Quality Of Living

Sydney beat out the likes of Amsterdam (12), Berlin (13) and Toronto (16), and was only joined in the top 20 by one other Australian city - Melbourne - which ra...


Trump's top diplomat had a secret email identity at Exxon

The case is People of the State of New York v PricewaterhouseCoopers and Exxon Mobil Corporation, New York State Supreme Court, New York County, No. 451962/2016...


Germany warns Facebook and Twitter

Manuela Schwesig, the federal youth minister, said hatred endangers cohesion and is a "poison for society". Heiko Maas said the voluntary efforts of socia...


Fed Eyes Rate Rise, Wall Street Wants Clarity on 2017 Outlook

Now, the market-implied odds of a rate rise at the Fed's meeting on 14-15 March are 100%, according to Bloomberg. Which is why the Fed's dreaded "dot plot",...


Neiman Marcus may be sold

The announcement came as the retail company reported a loss of $117.1 million in the quarter that ended January 28, as compared to the $7.8 million profit the c...


Intel to buy former Tesla Autopilot partner MobilEye for $15.3 billion

It is the biggest technology takeover in Israel's history and the largest purchase of a company exclusively focused on self-driving. The acquisition was initi...


China industrial output expands 6.3 pct for Jan.-Feb

The latest data, together with a three-month high in manufacturing activity in February and a four per cent increase in exports in the first two months of 2017,...


SA power: $500m energy plan includes new gas station, battery power storage

Announcing the energy plan in the wake of blackouts and load-shedding, SA Premier Jay Weatherill said his government would take control by ensuring the ener...


United States attorney for Southern District of New York Preet Bharara fired

Ultimately, it is not unusual for a new president to dismiss the appointments of the previous administration's USA attorneys. The Justice Department said on...