Economy

World's 1st floating wind farm goes live in Scotland

The wind farm consists of five giant floating turbines installed over a 2.5 square mile patch of water, which are tethered to the sea bed by cables. Battery storage has the potential to mitigate intermittency and optimise output. "Hywind's presence in Scottish waters is a reminder that, as the windiest country in Europe, and with some of the deepest waters and most promising offshore wind site... [Full Article...]

Hazmat team called to ammonia leak at Fernie, BC arena

Hazmat team called to ammonia leak at Fernie, BC arena All homes between 9th Street and 13th Street and Highway 3 and 6th Ave have been evacuated. Fire Chief Ted Ruiter said between 50 and 60 people are receiving emergency social services and could remain away from their homes and businesses for the rest of Tuesday night. [Full Article...]

Tale of the Ticker: Bhp Billiton Plc (BBL) Moves on Volume

Tale of the Ticker: Bhp Billiton Plc (BBL) Moves on Volume The consensus rating is 2.3, suggesting the market has given up on the stock. The value of the investment in BHP went from $18,000 to $8,000 a change of $10,000 since the last quarter. If you are accessing this piece of content on another website, it was illegally copied and republished in violation of United States & global copyright and trademark legislation. [Full Article...]

Investors Catching Stocks Kinder Morgan, Inc. (KMI)

ILLEGAL ACTIVITY WARNING: " Kinder Morgan, Inc ". Bnp Paribas Arbitrage holds 74,040 shares or 0.01% of its portfolio. Guardian Life Insurance Co. of America now owns 7,416 shares of the pipeline company's stock valued at $161,000 after buying an additional 60 shares in the last quarter. [Full Article...]

Clues to Identify Price Direction: Comcast Corporation (CMCSA)

When investors are considering buying a new stock, they often want to know the general Wall Street consensus on the company - by checking out the average analyst rating, for instance. On Wednesday, June 28 the stock rating was maintained by Bank of America with "Buy". Barclays PLC set a $44.00 price objective on shares of Comcast and gave the stock a "buy" rating in a research report on Friday, Ju... [Full Article...]

Stifel lowers near-term expectations on MGM Resorts

Stifel lowers near-term expectations on MGM Resorts It has outperformed by 28.58% the S&P500. Short shares increased 962,408 over that period. The performance week demonstrated a value of -3.64%. That compares with the recent volume average of 1.41 million. Therefore 77% are positive. MGM Resorts has $39 highest and $22 lowest target. Denbury Resources Inc. (DNR) analysts on average have given a price target of $37.5 on DNR stock. [Full Article...]

Sears' stock tumbles after CIO of large shareholder steps down from board

Trading volume for Sears Holdings Corporation was 5.47 Million in its previous trading session. Sears Holdings Corporation is an integrated retailer. Great West Life Assurance Can has 2,500 shares for 0% of their portfolio. Sears Canada has $11 highest and $4 lowest target. Captrust Fincl Advsrs holds 0% in Sears Holdings Corp (NASDAQ: SHLD ) or 25 shares. [Full Article...]

ENERGY TRANSFER PARTNERS (NYSE:ETP) Sale Analysis

ENERGY TRANSFER PARTNERS (NYSE:ETP) Sale Analysis The rating was maintained by Jefferies on Tuesday, March 22 with "Buy". As of quarter end Yorkville Capital Management, LLC had sold a total of 55,696 shares trimming its holdings by 9.5%. At the time of writing, Energy Transfer Equity, L.P. (NYSE: ETE ) has a Piotroski F-Score of 4. 19 funds opened positions while 31 raised stakes. 284.42 million shares or 6.62% more from 266.76 million shares in... [Full Article...]

Inflation drops but food prices rise

Inflation drops but food prices rise The National Bureau of Statistics has released the Consumer Price Index report, which measures inflation, with the rate dropping year-on-year from 16.01 per cent in August to 15.98 per cent in September. "On month-on-month basis, the urban index rose by 0.84 per cent in September 2017, down from 0.99 per cent recorded in August, while the rural index rose by 0.74 percent in September 2017, down fr... [Full Article...]

Rio Tinto slapped with 'largest ever' £27m fine for breach of rules

Rio Tinto slapped with 'largest ever' £27m fine for breach of rules The UK's Financial Conduct Authority (FCA) also fined Rio Tinto £27.4 million for breaching disclosure rules - the largest such fine - over the Mozambique coal purchase. Mark Steward, FCA executive director of enforcement and market oversight, said: 'The UK listing regime requires listed companies to adhere to high standards of disclosure and transparency. [Full Article...]

NBN complaints more than double, a 'cause for concern': Ombudsman

NBN complaints more than double, a 'cause for concern': Ombudsman But even though we're shaking up telco services that have run in the same way for decades, the industry ombudsman still said the increase in complaints around the NBN was a "concerning trend". The rollout of the NBN is still extremely controversial, with the Committee recently recommending that the remaining network should be completed using fibre-to-the-curb "at a minimum". [Full Article...]

The Coca-Cola (NYSE:KO) Receiving Somewhat Favorable Media Coverage, Report Shows

The Coca-Cola (NYSE:KO) Receiving Somewhat Favorable Media Coverage, Report Shows Here are a few substantial investment firms who have updated their positions. 0 analysts gave its stock an Outperform rating. Following the completion of the transaction, the insider now directly owns 30,553 shares in the company, valued at $1,393,522.33. [Full Article...]

Schlumberger Limited (SLB) Reports Insider MARKS MICHAEL E's bought Of 8000 Shares

Schlumberger Limited (SLB) Reports Insider MARKS MICHAEL E's bought Of 8000 Shares The Ejf Capital Llc holds 2.43M shares with $100.59 million value, up from 2.30 million last quarter. Schlumberger Ltd now has $91.90 billion valuation. Shares for $250,203 were bought by CURRIE PETER L S on Tuesday, May 30. More interesting news about Schlumberger Limited . On Monday, June 12 the insider Floridia Aaron Gatt sold $2.77 million. [Full Article...]

Marathon Petroleum Corporation (MPC) stock down -0.32% on volume of 2839241 shares

For the current quarter, 23 analysts are projecting a mean EPS of $-0.15/share. The true range indicator is the greatest of the following: current high less the current low, the absolute value of the current high less the previous close and the absolute value of the current low less the previous close. [Full Article...]

Malaysia Airlines chief Bellew quits to rejoin Ryanair

Malaysia Airlines chief Bellew quits to rejoin Ryanair Malaysia Airlines chief executive Peter Bellew is to step down from the airline after barely a year, having been recruited by budget carrier Ryanair to serve as chief operations officer. Ryanair said that Bellew would be given a specific responsibility for managing pilots. The no-frills airline has tweeted a message welcoming back Bellew. [Full Article...]

Has my flight been cancelled or delayed?

Has my flight been cancelled or delayed? Flights may begin to depart again later tonight but Cork Airport has said no decision has yet been taken on when that might happen. Customers travelling to or from Aberdeen, Edinburgh, Glasgow, Leeds-Bradford, Manchester or Newcastle on Tuesday can also opt to change their travel dates. [Full Article...]

Dow Jones crosses 23000 mark for the first time

Dow Jones crosses 23000 mark for the first time The Nasdaq was flat, while the S&P 500 was just under the break-even line. Goldman Sachs shares dipped despite reporting a profit beat and smaller-than-expected trading revenue fall. US stock indexes were mixed in midday action Tuesday, as health insurance provider UnitedHealth (UNH) kept the blue chip Dow at the front of the pack. [Full Article...]

Officers who 'mishandled' removal of doctor from United flight fired, official says

Officers who 'mishandled' removal of doctor from United flight fired, official says Dr. David Dao was forcibly removed from an April 9 flight from O'Hare to Louisville, Kentucky after he refused to give up his seat to airline employees looking to travel on the overbooked plane. Dao reached a private settlement with United shortly after the violent removal. Videos of the incident went viral. "The incident that took place aboard Flight 3411 has been a humbling experience and I ... [Full Article...]

Smart Home? Toronto Moves to Create a Smart Neighborhood

Smart Home? Toronto Moves to Create a Smart Neighborhood The project is expected to be a mixed-use community with a digital technology design concept spearheaded by Sidewalk Labs and Waterfront Toronto under the moniker " Sidewalk Toronto ". "Today, we are expanding our know-how by partnering with Sidewalk Labs to create a progressive, innovative community; one that addresses significant challenges and sets new standards around sustainability, afforda... [Full Article...]

Oil price jumps to $57.8

Oil price jumps to $57.8 U.S. West Texas Intermediate (WTI) crude futures were trading at $51.88 per barrel, up 43 cents, or 0.8 percent. On Monday, the price of oil jumped due to escalating tensions in Iraq and fear of U.S. S&P Global Platts editor Geoffrey Craig says Hurricane Nate "likely kept alive a streak of USA crude inventory declines". "In the case of Iran, there are likely no immediate impacts on oil flow... [Full Article...]


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