Money

Money Dollar, Asia shares find relief in USA economic rebound
Author: 0 Dollar, Asia shares find relief in USA economic rebound

China stocks ended flat, as strong gains in airline operators and resources firms were offset by weakness in banking stocks with investors awaiting first-half results for some of the country's biggest banks. The better economic news helped distract from rumblings in the Korean peninsula and lifted the USA dollar. On Tuesday, President Donald Trump issued a statement saying that " all options are on the table " when it comes to responding to North Korea's recent missile launch.

Money How Long Will Refineries Be Shut Down?
Author: 0 How Long Will Refineries Be Shut Down?

The U.S. Department of the Interior's Bureau of Safety and Environmental Enforcement said that roughly 13.5 percent of oil production in the Gulf of Mexico was also shut in Thursday. Even before the storm, gasoline inventories in the Rocky Mountain region were at their lowest levels of the year, further adding to pressure on prices, according to AAA Colorado.

Money Myntra Fashion Brands turns EBITDA positive
Author: 0 Myntra Fashion Brands turns EBITDA positive

According to Narayanan , Myntra is considering acquiring certain brands and tech companies among other things to contribute to the overall growth of the platform. "Our approach of building our own brands makes us unique". It is expected to take some of its private brands, especially those promoted by celebrities, to some global markets in the next six months.

Author: 0 Lululemon athletica inc. (LULU) Issues Earnings Results

Many other analysts also commented on LULU . The results beat Wall Street expectations. If there's one thing Lululemon Athletica inc . Same-store sales, a closely watched figure that strips the impact from recent store openings or closings, rose 7% in the latest period, ahead of analysts' projected 4.2% increase, according to FactSet.

Money Hurricane Harvey Likely Means Higher Gas Prices For Canadians
Author: 0 Hurricane Harvey Likely Means Higher Gas Prices For Canadians

The U.S. Department of Energy said Thursday it authorized the release of 200,000 barrels through a pipeline to a Phillips 55 refinery in Lake Charles, La. US crude (CLc1) fell 42 cents to $46.02. The Asian refining margin on Thursday hit $10.41 a barrel, the highest since January 2016. As the storm came ashore, numerous countries oil refineries were in its path and had to be shut down.

Money Energy chief taps emergency oil reserve in wake of Harvey
Author: 0 Energy chief taps emergency oil reserve in wake of Harvey

More than 2 million barrels per day of US refining capacity remain shut because of Harvey, which slammed into the Texas coast near Corpus Christi late on Friday. After hurricanes such as Katrina, Rita, Ike and Isaac, gasoline prices peaked within two weeks of landfall, at 20 to 80 cents per gallon higher, according to PIRA Energy.

Money Energy chief taps emergency oil reserve in wake of Harvey
Author: 0 Energy chief taps emergency oil reserve in wake of Harvey

More than 2 million barrels per day of US refining capacity remain shut because of Harvey, which slammed into the Texas coast near Corpus Christi late on Friday. After hurricanes such as Katrina, Rita, Ike and Isaac, gasoline prices peaked within two weeks of landfall, at 20 to 80 cents per gallon higher, according to PIRA Energy.

Money The Hype Behind Uni-Pixel, Inc. (UNXL), Inpixon (INPX)
Author: 0 The Hype Behind Uni-Pixel, Inc. (UNXL), Inpixon (INPX)

The stock is presently worth at $0.06. The firm belongs to Healthcare sector, shares of firm struggling to run on green line with price change of -0.33% in latest trading session at price of $0.12. The firmhas retained the McNutt Law Group LLP as its counsel. What do the trading volumes reveal? This trading sentiment put the stock on Active spotlight.

Author: 0 Marathon Oil Corp (MRO) Needle Moving on Volume

The rating was maintained by Canaccord Genuity with "Buy" on Wednesday, June 14. UBS maintained the stock with "Buy" rating in Friday, October 23 report. The market capitalization of the company in the stock market is $2.28B. It has a 20.73 P/E ratio. The refining segment includes its refining activities and the associated marketing activities.

Author: 0 Here's How Many Barrels Of Oil Have Been Lost To Hurricane Harvey

As the United States attempts to attract foreign cargoes, the spike in USGC gasoline and distillate prices could continue to feed into Europe and even impact Asian prices in September. Restarts after a storm are especially unsafe for refiners, though far less rain fell in Corpus Christi than in Houston. "The continued increase in flooding creates high uncertainty on the amount of damage that US refineries will incur, the pace at which the shutdown will reverse and the magnitude of capacity ...

Money Crude Oil Retreats Despite API Inventories Draw
Author: 0 Crude Oil Retreats Despite API Inventories Draw

Crude oil futures continued to drop Wednesday morning amid fears that refinery operations along the Texas-Louisiana coast will be interrupted for some time. United States crude oil prices are now at a five-week low. US crude and product stocks , typically watched closely by oil investors because they reflect market balancing, were largely ignored this week.

Author: 0 Gas Prices Near Two-Year High As Harvey Shuts Down Refineries

Motiva's refinery in Port Arthur, Texas , which is the largest refinery in the United States, shut down Wednesday as floodwater rose. Gas prices at area stations are starting to creep up because of Hurricane Harvey's effect on the oil industry on the Texas Gulf Coast.

Author: 0 Citrix Systems, Inc. (NASDAQ:CTXS) Short Interest Up 19.97% - Currently Trading Up

The P/E ratio is now 26.14 and market capitalization is 11.75B. The stock rose 0.62% or $0.47 reaching $76.89. Sell-side analyst recommendations point to a short term price target of $84.14 on the shares of Citrix Systems, Inc. The number of shares now owned by investors are 81.43 mln. Cordasco Financial Networks accumulated 3,514 shares. Nationwide Fund Advisors accumulated 9,444 shares.

Author: 0 Shale oil boom softens the energy blow from Harvey

A spokeswoman said it would be delivered directly by pipeline directly to the Phillips 66 refinery in Lake Charles, La. Refineries with output of 4.1 million barrels per day (bpd) were offline on Tuesday, representing 23 percent of US production, Goldman Sachs said.

Money Hurricane Harvey won't impact Alaska oil and gas
Author: 0 Hurricane Harvey won't impact Alaska oil and gas

The West Texas Intermediate ( WTI ) for October delivery lost 0.48 USA dollars to settle at 45.96 dollars a barrel on the New York Mercantile Exchange, while Brent crude for October delivery was down 1.14 dollars to close at 50.86 dollars a barrel on the London ICE Futures Exchange.

Author: 0 Encana Corporation (ECA): What ABR Says? Buy, Sell or Hold

Furthermore on 1/24/17 Macquarie "Upgrades" the stock to Outperform at $0. About 24,421 shares traded or 105.41% up from the average. It has outperformed by 2.55% the S&P500. Its down 0.91, from 1.92 in 2016Q3. Investors of this company earned a return of 5.40% on the assets it owns in past twelve month. Weatherstone Management invested in 6,450 shares or 0.14% of the stock.

Author: 0 Oil Edges Up as Harvey Disrupts US Crude Flow

XAutoplay: On | OffThe Energy Information Administration will release data at 10:30 a.m. ET today on oil inventories and production from last week, before the catastrophic storm slammed into the south Texas and the Gulf Coast. Meanwhile, West Texas Intermediate crude oil for October CLV7, +3.22% rose $1.26, or 2.7%, to $47.22 a barrel on the New York Mercantile Exchange, rebounding after a three-session streak of losses.

Money Helping in the Wake of Hurricane Harvey
Author: 0 Helping in the Wake of Hurricane Harvey

Casey's is now the fourth largest c-store chain and fifth largest pizza chain in the United States. Through the partnership, MNAO is a $1 million member of the Red Cross Annual Disaster Giving Program, which helps ensure that the Red Cross has the necessary resources to respond to disasters large and small.

Money Gas shortage rumors causing long lines in Texarkana
Author: 0 Gas shortage rumors causing long lines in Texarkana

The sprawling Texas city does typically receive the majority of its gas supplies from Houston. "Even if all the refineries were running", Sitton said, "we'd still be having this issue". "Sorry for the inconvenience". "We've had a tremendous number of calls with people concerned about shortages". Cooper High School is warning fans traveling to Fort Worth for the Cougars' game Friday night at Keller to be aware.

Money Oil prices dip on refinery shutdown
Author: 0 Oil prices dip on refinery shutdown

Inventories are expected to build in the coming weeks as refineries struggle to crank up operations and crude pumped from the ground seek outlets to be processed. Brent oil, the worldwide crude benchmark, settled down $1.14, or 2.2 percent, to $50.86 a barrel. Gains intensified for refined products after sources on Wednesday said Total's Port Arthur, Texas, refinery had been shut by a power outage resulting from the storm.

Money Ohio Red Cross Volunteers Deployed To Hurricane Relief Area
Author: 0 Ohio Red Cross Volunteers Deployed To Hurricane Relief Area

Four volunteers from central MA are already in Texas. The Red Cross is hoping to have 4,000 volunteers on the ground in Houston by the end of the week. From the friendly neighbor to celebrities , ranging from comedian and actor Kevin Hart to the band Lady Antebellum, people all over the country have been stepping up to help victims of Hurricane Harvey .

Money Wells Fargo now says 3.5 million impacted by sales scandal
Author: 0 Wells Fargo now says 3.5 million impacted by sales scandal

Elizabeth Warren of MA, have urged new hearings into Wells. Cohen Klingenstein Ltd accumulated 24,900 shares. Wells Fargo & Company ( WFC ) is recuperating from the fall at $43.55, the 52-week low. In essence, Wells Fargo's initial findings that some of its employees were up to no good, likely meant that there were many more given the number of employees who work there.

Money Where PT Stands For Costco Wholesale Corporation (COST)
Author: 0 Where PT Stands For Costco Wholesale Corporation (COST)

Here is the rundown on market activity for Costco Wholesale Corporation (NASDAQ: COST ). It has outperformed by 31.98% the S&P500. Waddell & Reed Financial Inc decreased Expeditors Intl Wash Inc (EXPD) stake by 8.31% reported in 2016Q4 SEC filing.

Money Pernod Ricard shows +3.6% sales growth for FY17
Author: 0 Pernod Ricard shows +3.6% sales growth for FY17

Sales in its Americas, dominated by the US market, rose 6% in the quarter, while sales at its Asia-Rest of World regions increased 5%. The company has consolidated sales of €9bn in FY17 and is hoping to grow this figure next year. But the company's profit from recurring operations, the profitability measure analysts and the company often use, came in at EUR2.39 billion, below analyst expectations of EUR2.42 billion.