Money

Money German inflation picks up more than expected, still below European Central Bank target
Author: 0 German inflation picks up more than expected, still below European Central Bank target

The Bank, which is mandated by the European Parliament to deliver price stability - defined as an inflation rate of 'just below 2%' for the 19 countries that use the single currency. The German economy grew by 0.7 percent on the quarter between January and March and by 0.6 percent in the second quarter, mainly driven by household and state spending as consumers and authorities are benefitting from record-low borrowing costs.

Money Crude falls, gasoline surges as Harvey hits southern Texas
Author: 0 Crude falls, gasoline surges as Harvey hits southern Texas

Midwest, which could mean temporarily lower prices. He further said: "'The Gulf Coast over the next week will probably see prices go up anywhere from 15 cents to 30 cents per gallon". In other words, Harvey has disrupted about one-fifth of the country's total refining capability. However, the average price of Oman Crude surged ahead by 42 per cent to $51.6 per barrel in the January-July period, from $36.4 a barrels for the same period of a year ago.

Money Sandra Bullock Donates $1 Million for Hurricane Harvey Relief
Author: 0 Sandra Bullock Donates $1 Million for Hurricane Harvey Relief

Some volunteers have been deployed before, some have not. One of the volunteers is from the Marshall area. Apple's iTunes now gives users the option to donate directly to the American Red Cross . "We continue to pray for the safety of each and every family affected by this awful storm". When the Red Cross says "relief", it means: set up a shelter and help victims with basic needs.

Money Here's What Theresa May Thinks China Should Do Regarding North Korea Crisis
Author: 0 Here's What Theresa May Thinks China Should Do Regarding North Korea Crisis

The British Prime Minister has urged China do more to help put a stop to North Korea's weapons testing . The Council, which was created at the end of 2013, consists of Prime Minister Shinzo Abe and key ministers. US President Donald Trump responded by saying that " all options are on the table ". UN Resolution 2371, adopted in early August, targets North Korea's trade in coal, iron, lead and seafood, and is estimated to reduce the value of the DPRK's exports by a third if implemented ...

Money You can now buy Whole Foods products on Amazon
Author: 0 You can now buy Whole Foods products on Amazon

Amazon announced last week that it would start offering lower prices at Whole Foods on "a selection of best-selling grocery staples" starting Monday, and named 15 items that would get discounted. In the same store, Whole Trade bananas were now sold at $0.49 per pound from $0.79 - a 38 percent price cut. Hinting at how Amazon plans to cross-promote its own products in Whole Foods stores, shoppers saw displays for Amazon's Echo and Echo Dot smart speakers.

Money Oil prices fall as refinery production dips in US
Author: 0 Oil prices fall as refinery production dips in US

EDT (1745 GMT). The spread between the two benchmarks grew to over $5 - the widest in over two years - not completely due to the inclement weather in Texas. On Wednesday, Motiva reported that it is shutting down its 603,000-barrel-a-day refinery in Port Arthur, Texas. Hiring at private USA employers grew more than expected, according to a recent report, showing the economy continues to grow although concerns are mounting about labor shortages.

Money Kratos Defense & Security Solutions, Inc. (KTOS) closed at $12.90 with 6.17%
Author: 0 Kratos Defense & Security Solutions, Inc. (KTOS) closed at $12.90 with 6.17%

Kratos Defense & Security Solutions (NASDAQ:KTOS) last issued its quarterly earnings results on Thursday, July 27th. It has outperformed by 126.09% the S&P500. Buying an individual stock means that you own a piece of the company. With short interest at 8,908,017 and short average daily volume at 1,459,656, days to cover is 6.0 and the short interest percentage is 0.10% as of August 15.

Money Qantas is ditching Dubai for flights to London
Author: 0 Qantas is ditching Dubai for flights to London

Qantas chief executive Alan Joyce says there is a strong case for the airline's global alliance with Emirates to be extended given the "huge benefits" experienced by passengers over the past five years. "Emirates altogether get 1.6 million passengers from Qantas on their entire network". We want to keep leveraging this strength and offer additional travel options on Qantas , particularly through Asia.

Money Toshiba misses own deadline for chip unit sale, increasing future risks
Author: 0 Toshiba misses own deadline for chip unit sale, increasing future risks

The loss-hit conglomerate said bidders include a group led by U.S. investment fund Bain Capital and Japanese state-backed investors and another that includes Taiwan's Hon Hai Precision, better known as Foxconn. For example, Western Digital has agreed to limit the amount of debt that it will convert into equity in the chips business - a condition METI wants to avoid antitrust problems - this person said.

Money Hurricane Harvey Damage Pushes Gas Prices to a Two-Year High
Author: 0 Hurricane Harvey Damage Pushes Gas Prices to a Two-Year High

The Magellan pipeline company reportedly closed the crude oil and refined product pipeline in Houston with remaining refineries expected to be closed as well. Futures for September delivery rose 5.7% to $1.8847 a gallon on the New York Mercantile Exchange, the seventh straight session of gains and the biggest one-day gain since November 30.

Money Jacobs Engineering Group Inc. (JEC) Earns
Author: 0 Jacobs Engineering Group Inc. (JEC) Earns "Buy" Rating from KeyCorp

Jacobs Engineering Group Inc. has a 1-year low of $49.15 and a 1-year high of $63.42. Advisors Asset Mgmt invested in 41,186 shares or 0.04% of the stock. 13,397 were accumulated by Pinnacle Assocs. Proshare Advsrs Ltd Liability Corporation holds 11,287 shares or 0.01% of its portfolio. Fukoku Mutual Life Insur Com accumulated 13,750 shares or 0.27% of the stock.

Money Houston floods: Night curfew bid to stop robbery and looting
Author: 0 Houston floods: Night curfew bid to stop robbery and looting

In a story Aug. 29 about rainfall forecasts for Harvey , The Associated Press reported erroneously that the National Hurricane Center on Saturday Aug. Airbnb has encouraged users to offer their accomodations for free, and the company has waived all service fees for people who check in by September 1.

Money Forward View Analysts Raise Earnings Estimates for Hibbett Sports, Inc. (HIBB)
Author: 0 Forward View Analysts Raise Earnings Estimates for Hibbett Sports, Inc. (HIBB)

There has been some buying insider activity on Hibbett Sports, Inc . The Schwab Charles Investment Management Inc holds 403,779 shares with $6.93M value, down from 467,758 last quarter. Needham maintained it with "Buy" rating and $56 target in Thursday, August 6 report. It also upped Ramco (NYSE:RPT) stake by 63,945 shares and now owns 520,639 shares.

Money Oil slips almost 3 percent as United States refineries shut ahead of Harvey
Author: 0 Oil slips almost 3 percent as United States refineries shut ahead of Harvey

Official government inventory data for last week will be released on Wednesday at 10:30 a.m. EDT (1430 GMT). USA gasoline futures also led the complex higher for most of the session and settled up 0.4 percent at $1.5908 a gallon as forecasts for heavy rain associated with the remnants of former tropical storm Harvey threatened to cause refinery flooding, traders said.

Money Nike pitchman Kevin Durant slams Under Armour
Author: 0 Nike pitchman Kevin Durant slams Under Armour

But he definitely doesn't love Curry's choice of kicks. Curry, of course, is endorsed by Under Armour and is therefore obligated to wear the shoe, but the brand hasn't exactly caught on in popularity with the younger generation according to Durant.

Money Chicago Bridge & Iron Company NV (CBI) Upgraded at BidaskClub
Author: 0 Chicago Bridge & Iron Company NV (CBI) Upgraded at BidaskClub

Quite a few brokerage firm analysts have published reports on CBI Stocks. BlackRock upped its stake in Chicago Bridge & Iron Company N.V.by 51.9% in the Fiscal Q2. has a 52 week low of $9.55 and a 52 week high of $36.56. The stock's market capitalization is $1.28 billion. The Company provides various services, such as conceptual design, technology, engineering, procurement, fabrication, modularization, construction, commissioning, maintenance, program management and environmental services, and ...

Author: 0 Sterling Bancorp (NYSE:STL) Institutional Investor Sentiment Is 1.68

It has outperformed by 21.92% the S&P500. The stock of Sterling Bancorp (NYSE:STL) has "Buy" rating given on Monday, December 19 by Maxim Group. Therefore 60% are positive. Barclays Capital has "Overweight" rating and $95 target. The stock of Intel Corporation (NASDAQ:INTC) earned "Hold" rating by Canaccord Genuity on Monday, July 10.

Money Smart's Vision EQ Fortwo predicts an autonomous, electric future
Author: 0 Smart's Vision EQ Fortwo predicts an autonomous, electric future

Annette Winkler, CEO of Smart told Auto Express. On the outside, the front grille has been replaced by a 44-inch digital readout, which can display a welcome message to the driver or pass on messages to pedestrians such as, 'cross the road.' If the vehicle is unoccupied the doors can also display information about the weather or local news.

Author: 0 NXP Semiconductors NV (NXPI) Shares Sold by Intrust Bank NA

NXP Semiconductors NV (NASDAQ: NXPI ) has risen 24.67% since August 30, 2016 and is uptrending. It has outperformed by 7.97% the S&P500. Koshinski Asset Management Inc decreased its stake in Celgene Corp (CELG) by 78.72% based on its latest 2016Q4 regulatory filing with the SEC.

Money Blume Capital Management Inc. Buys 40700 Shares of Kinder Morgan, Inc. (KMI)
Author: 0 Blume Capital Management Inc. Buys 40700 Shares of Kinder Morgan, Inc. (KMI)

It has underperformed by 3.61% the S&P500. American Century Companies Inc increased Duke Energy Corp New (DUK) stake by 33.81% reported in 2016Q4 SEC filing. Fiduciary Trust Co invested in 17,172 shares or 0.01% of the stock. Vident Invest Advisory Limited Liability reported 0.53% in CVR Energy, Inc. Illinois-based Balyasny Asset Management Ltd Liability Corp has invested 0.12% in Kinder Morgan Inc (NYSE:KMI).

Money Marvell Technology Group Ltd. (NASDAQ:MRVL) Quarterly Sales Review
Author: 0 Marvell Technology Group Ltd. (NASDAQ:MRVL) Quarterly Sales Review

The stock's quarterly performance specifies a shift of -1.32%, and its last twelve month performance is stands at 39.69% while moved 9.87% for the past six months. The firm earned "Hold" rating on Friday, August 25 by Jefferies. The company has an average rating of "Buy" and a consensus price target of $18.85. The company was downgraded on Monday, October 19 by Goldman Sachs.

Money Texas AG Investigating More Than 600 Complaints of Price Gouging
Author: 0 Texas AG Investigating More Than 600 Complaints of Price Gouging

The attorney general also said other gas stations in the area were charging up to $10 per gallon. Complaints are pouring in to Texas officials that some Houston businesses are charging exorbitant prices for essential goods, with one report claiming that a local store was charging as much as $100 for a case of drinking water.

Money Dollar drops as Yellen steers clear of rate hike talk
Author: 0 Dollar drops as Yellen steers clear of rate hike talk

Also addressing the gathering on Friday, European Central Bank President Mario Draghi warned that developed nations were drifting toward protectionism as a response to inequalities provoked by trade liberalisation. "Although the full impact of the storm's damage is yet to be determined, the markets expect the impact will be felt globally and affect energy markets for many weeks", an analyst at FxPro said in a note.