Economy

What the Technicals Say About Chesapeake Energy Corporation (CHK)

The stock decreased 1.57% or $1.25 on September 12, reaching $78.45. Bridgewater Associates LP owned about 0.59% of Chesapeake Energy Corporation as of its most recent filing with the Securities and Exchange Commission (SEC). Market Capitalization if basically the market value of the company's shares outstanding. Presently Comcast Corporation (NASDAQ:CMCSA) stock have an ABR of 1.13. [Full Article...]

Hillary Clinton-Matt Lauer rematch fails to produce fireworks of original

Hillary Clinton-Matt Lauer rematch fails to produce fireworks of original The scramble to obfuscate the true nature of Donald Trump Jr.'s meeting last summer with a Russian attorney with ties to the Kremlin is "ridiculous" and "an absurd lie", former Democratic presidential nominee Hillary Clinton said Wednesday morning. [Full Article...]

Trump blocks sale of U.S. chipmaker to Chinese investors

Trump blocks sale of U.S. chipmaker to Chinese investors Federal law authorizes the president to prohibit acquisitions by foreign buyers if he concludes there is credible evidence that the buyer's exercise of control might impair US national security. Despite the committee's opposition to the merger, Lattice said earlier this month it was hopeful it could get the deal done, telling the SEC that "Lattice remains of the view that the proposed transactio... [Full Article...]

Georgia Power: Most Columbus residents should have electricity back soon

Georgia Power: Most Columbus residents should have electricity back soon Georgia Power announced Wednesday that it expects to restore power to 95 percent of customers by Sunday night. Central Georgia Electric Membership Corp. Georgia Power Company (Georgia Power ) is a vertically integrated utility providing electricity to retail customers within its service territory located within the State of Georgia and to wholesale customers in the Southeast. [Full Article...]

U.S. crude inventories jump, gasoline stocks drop most on record

U.S. crude inventories jump, gasoline stocks drop most on record Robust demand in industrialized countries was a key factor behind global demand growing 2.3 million bpd in the second quarter, the highest quarterly year-on-year rise since mid-2015. That was larger than the S&P Global Platts survey expectations for a 4 million-barrel fall. "It looks like we are turning the corner", Phil Flynn, senior market analyst at Price Futures Group Inc in Chicago, said by... [Full Article...]

How Insiders and Institutions are Trading Wells Fargo & Company

How Insiders and Institutions are Trading Wells Fargo & Company An RSI reading over 70 would be considered overbought, and a reading under 30 would indicate oversold conditions. As per Friday, April 8, the company rating was maintained by Beaufort Securities. Kennedy stated it has 0.03% of its portfolio in Computacenter plc (LON:CCC). Eidelman Virant accumulated 160,700 shares. It also upped Paramount Group Inc stake by 842,794 shares and now owns 11.33 millio... [Full Article...]

United States pre-open: Stocks seen touch lower after record highs

United States pre-open: Stocks seen touch lower after record highs After the closing bell, Nordstrom shares jumped 8.8 percent after reports that the high-end retailer chose private equity firm Leonard Green & Partners to help take the company private. The Nasdaq Composite also hit a record, getting enough support from other components to outweigh losses in Apple ( AAPL ) after the tech giant unveiled two new iPhones, including a version with a starting pri... [Full Article...]

British Caribbean territories hit by Irma look to United Kingdom for help

British Caribbean territories hit by Irma look to United Kingdom for help Martin , where more than 90% of the structures have been destroyed. Amy Brown, a British mother-of-two, who told HuffPost UK how she and other Britons were trapped in Saint Martin while other European Union citizens were flown out, only got out because she was evacuated by the French. [Full Article...]

Institutional Investors Love Coca Cola Bottling Co Consolidated (NASDAQ:COKE)

Institutional Investors Love Coca Cola Bottling Co Consolidated (NASDAQ:COKE) In other Coca-Cola Company (The) news, insider Jennifer K. Mann sold 8,819 shares of the company's stock in a transaction on Monday, August 7th. Analysts mean recommendation for the stock is 2.40. Intll Incorporated Ca reported 56,100 shares. Ipg Investment Ltd Co holds 0% or 8,000 shares. VNBTrust National Association boosted its stake in shares of Coca-Cola Company (The) by 34.0% during the 1st ... [Full Article...]

United Kingdom authorities seize mafia boss Dawood Ibrahim's assets worth INR42,000 crore

United Kingdom authorities seize mafia boss Dawood Ibrahim's assets worth INR42,000 crore Dawood Ibrahim, who is known as "The Don" in the underworld circle, has been placed in the UK Treasury Department's Consolidated List of Financial Sanctions Targets , which was updated last month. Ibrahim also allegedly controls 70 percent of India's USD 1 billion piracy market and has been accused of extorting millions of dollars from Bollywood film producers as well as funding and producing fil... [Full Article...]

North Korea threatens 'pain and suffering' ahead of United Nations sanctions vote

North Korea threatens 'pain and suffering' ahead of United Nations sanctions vote On Monday, South Korea revealed that they were discussing, with the United States , the possibility of deploying aircraft carriers and other military assets to the troubled Korean Peninsula following signs that Pyongyang might test-fire more missiles after the successful execution of its sixth (and biggest) nuclear bomb test on Sunday. [Full Article...]

Almost 194000 homes, businesses without power from Hurricane Irma

Almost 194000 homes, businesses without power from Hurricane Irma As Hurricane Irma's winds and thunderstorms swept through South Florida on Saturday, almost 194,000 homes and businesses in the tri-county region lost power , according to Florida Power & Light. However, the facility did suffer $90 million in damage from that Category 5 storm, according to press reports. But an FPL spokesman said the plant was "safe and ready for Hurricane Irma". [Full Article...]

North Korea issues stark warning ahead of vote on new United Nations sanctions

The nuclear test, North Korea's sixth since 2006, came days after the military lobbed a ballistic missile over Japan, and followed its earlier threats to fire missiles towards the U.S. "It is dark and it's getting darker", Haley said. The US wanted a complete ban on oil exports to North Korea, immediate end to employment of an estimated 93,000 of its citizens overseas, forcible boarding of s... [Full Article...]

Top state consumer advocate talks Equifax breach

Top state consumer advocate talks Equifax breach CFISA (cfisa.org), a cyber security training group, is offering vitally important tips for the 143 million Americans whose sensitive personal information was stolen in the recent Equifax data breach. The problem is not going away. That argues for greater regulation and an overhaul of the entire credit-bureau system. Equifax sells marketing lists that offer "access to current personally ident... [Full Article...]

OPEC sees higher 2018 oil demand, trims output

OPEC sees higher 2018 oil demand, trims output Global oil demand will climb this year by the most since 2015, the IEA said , amid stronger-than-expected consumption in Europe and the U.S. Estimates from market intelligence firm Genscape showed an inventory growth of 1.2 million barrels in Cushing last week, said market sources who saw that data on Monday. [Full Article...]

Target Bumps Up Holiday Hiring By 40 Percent This Year

Target Bumps Up Holiday Hiring By 40 Percent This Year Online orders have soared since the Minneapolis-based company strengthened its digital business and increased the speed of deliveries. According to this mega-retailer, it plans to hire roughly 100,000 team members across the country for the upcoming holiday season. [Full Article...]

Olive Garden Has A New 'Pasta Passport' And Yes, It Involves Travel

Olive Garden Has A New 'Pasta Passport' And Yes, It Involves Travel New this year is the " Pasta Passport to Italy ", which includes an all-expenses paid trip for two to Italy. The trip is an eight-day and seven-night, all-inclusive trip to Italy for two. The passes are only available for 30 minutes and they'll likely be gone quicker than that. "The passion of our guests have helped make Never Ending Pasta Pass an annual phenomenon", MaryKate Rosack, Olive ... [Full Article...]

Sirius XM Holdings Inc. (SIRI)

Sheaff Brock Investment Advisors, LLC grew its investment by buying 10,932 shares an increase of 1.3%. Miracle Mile Advisors LLC increased its holdings in Sirius XM Holdings by 1.5% in the first quarter. Finally, Piper Jaffray Companies set a $7.00 target price on shares of Sirius XM Holdings and gave the company a "buy" rating in a research report on Thursday, July 27th. [Full Article...]

Growth Analysis of Murphy Oil Corporation (NYSE:MUR)

After a recent scan, we can see that Anadarko Petroleum Corporation (NYSE:APC) has a Shareholder Yield of -9.31% and a Shareholder Yield (Mebane Faber) of -0.00666. State Street Corp, Massachusetts-based fund reported 10.55 million shares. Montrusco Bolton Invs Inc holds 6.15% or 2.55 million shares in its portfolio. [Full Article...]

EasyJet goes global with new connections service

EasyJet goes global with new connections service EasyJet's partnership program will allow the airline to compete more effectively with rivals including British Airways. While the plan, which goes live today, is "constructive", EasyJet "will need to ensure its Gatwick punctuality becomes more resilient", RBC Capital Markets analyst Damian Brewer said in an investor note. [Full Article...]


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