Money

BP profits surge by 71% on higher oil prices

BP profits surge by 71% on higher oil prices The upstream result was BP's best since the third quarter of 2014. "Cash flow was good but messy, with less cash tax paid than expected". BP shares were up 1.3 percent at 545 pence by 0733 GMT on May 1. Rising production and higher oil prices drove improved profits for BP PLC ( LON:BP .) in the first quarter, helping the oil giant's shares edge higher on Tuesday. [Full Article...]

Peel Hunt Reaffirms "Add" Rating for Central Asia Gold (LON:CAML)

Gtt Communications Inc now has $2.14B valuation. The stock increased 0.08% or $0.03 during the last trading session, reaching $35.75. About 54,567 shares traded. It now has negative earnings. It offers aviation insurance solutions; coverage for upstream operational and construction all risks related to wind, earthquakes, and floods, as well as standalone business interruption coverage; and a range... [Full Article...]

Netanyahu Statement Sends Sanctions Odds Higher, Reiterating Bullish Crude Call

Additionally, U.S. crude production has soared more than 25 percent since mid-2016 to a record 10.59 million barrels per day (bpd). On the latter, we believe the tweet essentially blaming OPEC for high oil prices actually only adds further credence to our view that sanctions on Iran are coming on May 12. [Full Article...]

How expensive a The Walt Disney Company (DIS) stock is?

How expensive a The Walt Disney Company (DIS) stock is? Legal & General Group Plc now owns 8,186,026 shares of the entertainment giant's stock valued at $806,872,000 after acquiring an additional 300,973 shares during the period. UBS maintained it with "Buy" rating and $122.0 target in Monday, December 18 report. Topeka Capital Markets maintained it with "Buy" rating and $131 target in Monday, February 8 report. [Full Article...]

United States inflation at 2 percent for first time in 6 years

United States inflation at 2 percent for first time in 6 years The central bank's Federal Open Market Committee, which is due to begin a two-day meeting on Tuesday, has signaled it will raise its key lending rate at least twice more this year after kicking it up a notch last month. With year-over-year core PCE seen at or near 2%, its statement will acknowledge rising inflation, and perhaps even applaud meeting its dual mandate of maximum employment and stable... [Full Article...]

What Time is the 2018 NFL Draft Tonight?

What Time is the 2018 NFL Draft Tonight? And for those of you who say that day three of the draft doesn't matter, may I remind you who was a sixth-round pick in the 1999 draft, going No. 199 overall: Five-time Super Bowl champion and four-time Super Bowl MVP Tom Brady . The Browns have faced criticism in large part due to their poor history of drafting quarterbacks over the last 20 years. "I just want to be judged for who I am". [Full Article...]

Amazon to open new Vancouver office, create 3000 jobs

Amazon to open new Vancouver office, create 3000 jobs Trudeau said at a press conference in Vancouver that Amazon chose Canada for a number of reasons, including the availability of skilled labor talent. Back in 2015, Amazon staked out a 156,000 square foot office space in TELUS Garden. Candidates interested in applying for open roles at Amazon's Vancouver Tech Hub can do it here. In making a pitch to house the second Amazon North American headquar... [Full Article...]

Daniel J. Riccio Sells 17375 Shares of Apple (NASDAQ:AAPL) Stock

Daniel J. Riccio Sells 17375 Shares of Apple (NASDAQ:AAPL) Stock About 393,012 shares traded. Johnson & Johnson (NYSE:JNJ) has risen 1.12% since April 30, 2017 and is uptrending. It has outperformed by 70.80% the S&P500. (NASDAQ: AAPL ) has "Buy" rating given by Loop Capital. The rating was maintained by UBS with "Buy" on Friday, February 2. Dougherty & Company initiated it with "Buy" rating and $8 target in Monday, February 13 report. [Full Article...]

U.S. inflation in March hits Fed goal

U.S. inflation in March hits Fed goal The Fed seeks to achieve moderate annual increases in inflation of around 2 percent but has fallen below that target for the past six years. The thing is the latest core PCE inflation reading is in line with expectations, both of the market and that of the Fed's. [Full Article...]

Gas Prices Continue to Rise Featured font size +

Gas Prices Continue to Rise Featured font size + That's a 14% boost over last year's seasonal average of $2.41 a gallon and would be the highest pump price recorded since summer 2015, when gas hit $2.81 a gallon. The price of crude oil as of last Friday was over $68 a barrel. OPEC cutbacks have led to reduced oil supplies in the U.S.as well. Many Coldwater area stations raised prices this weekend, some by as much as 38 cents, to $2.99 a gallon... [Full Article...]

Q1 results prove brand 'becoming a better McDonald's — McDonald's CEO

Q1 results prove brand 'becoming a better McDonald's — McDonald's CEO The stock decreased 0.56% or $0.39 during the last trading session, reaching $69.08. MCD has also 4.14M shares volume. Everbridge, Inc. (NASDAQ:EVBG) has risen 84.00% since April 29, 2017 and is uptrending. 5,623 were reported by Plancorp Ltd. Buckingham Asset Mngmt has invested 0.58% in McDonald's Corporation (NYSE:MCD). (NYSE:T). Barrett Asset Management Limited Liability Company reported ... [Full Article...]

Whole Foods Partnered Up With Restaurant Named Yellow Fever & Twitter Reacted

Whole Foods Partnered Up With Restaurant Named Yellow Fever & Twitter Reacted Amazon's Whole Foods Market has come under criticism for partnering with a restaurant named " Yellow Fever ". Owners Kelly Kim and her husband said they were looking to find a name that stood out, something that was atypical of the usual pan-Asian restaurant names that use terms like dragon, lotus, or bamboo. [Full Article...]

O&G industry giant Marathon Petroleum to acquire Andeavor for $20bn

O&G industry giant Marathon Petroleum to acquire Andeavor for $20bn The stock was purchased at an average cost of $67.38 per share, with a total value of $101,070.00. It has underperformed by 4.30% the S&P500. Edmp Inc decreased its stake in Visa Inc Class A (V) by 5.69% based on its latest 2017Q4 regulatory filing with the SEC. [Full Article...]

Apple Could Leave Out 3D Touch Feature For Some of Its iPhones

Apple Could Leave Out 3D Touch Feature For Some of Its iPhones Analysts are cutting their sales forecasts, sometimes drastically. This new display will cost a little more, so the analyst believes that the company will remove the feature to reduce costs. Experts predict a further decline in sales of smartphones. This view could very well be reflected in the pricing of Apple's 2018 phones. While the 6.1-inch iPhone will miss out on OLED display and 3D tou... [Full Article...]

Sainsbury's merger with Asda promises lower prices for consumers

Sainsbury's merger with Asda promises lower prices for consumers It will see Asda owner Walmart hold 42 per cent of the new business and receive £2.97 billion in cash, valuing Asda at £7.3 billion. Supermarket giants Sainsbury's and Asda have confirmed planned to merge, creating a "dynamic new player" in the United Kingdom supermarket industry. [Full Article...]

All villages in India are now electrified, claims government

All villages in India are now electrified, claims government Modi said: "I salute the efforts of all those who worked tirelessly on the ground, including the team of officials, the technical staff and all others, to make this dream of a powerful India a reality". According to the Government's 2006 rural electrification policy, a village is deemed "electrified" if basic infrastructure, such as a transformer and distribution lines, have been set up in the inh... [Full Article...]

Clear, warm weather continues through the week

Clear, warm weather continues through the week Wind gusts as high as 24 miles per hour. South winds will be around 5 miles per hour. We stay dry with warm temps and mostly sunny skies. Canadian high pressure will then build across the region and will linger through late week. Lows only dropping to the mid 60s. The rainy conditions Thursday should keep high temperatures down to about 60. Temperatures get a big jump as skies clear, giving way ... [Full Article...]

DU graduate stands 2nd, 41 from Jamia also crack UPSC 2017

DU graduate stands 2nd, 41 from Jamia also crack UPSC 2017 I kept feeling as if there was no meaning to life. The private sector is always open to me. Kumari's husband is a businessman in Delhi, but she had moved to Sonipat to stay with her mother in order to prepare for the exams. She said she wants to be a part of the IAS so that she can "remain in the country and serve the people". Anu says that she wanted to do the Civil Service because she wanted t... [Full Article...]

Woman goes on rampage at Popeyes after she didn't get a drink

Woman goes on rampage at Popeyes after she didn't get a drink The NYPD says the woman harassed the restaurant's staff about her meal before she used a chair to break a glass window, causing significant damage. Okay, maybe you haven't been there, but on April 8, that's exactly what happened with one particular woman, according to the New York Daily News . [Full Article...]

Investors Sell United Parcel Service (UPS) on Strength (UPS)

Investors Sell United Parcel Service (UPS) on Strength (UPS) United Parcel Service Inc reported higher first-quarter net profit on Thursday, driven by strong package volumes in its core US segment, but higher costs from Saturday delivery and nasty winter weather weighed on operating results. Lincoln Cap Ltd Llc holds 0.67% or 10,011 shares. Aperio Group Incorporated Ltd Llc, a California-based fund reported 389,932 shares. Advisor Prns Limited Liability Co... [Full Article...]


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