Money

by | August 29, 2017 | 04:44

Kloza says fallout from the hurricane could push up prices another 5 cents to 15 cents next week as a surge in Labor Day holiday demand collides with the pullback in supply. Gulf Coast". More than one-third of the country's refineries are in Harvey's path. The company is working with government agencies and business partners to evaluate logistical measures needed to resume operations, with port operations a particular focus.

by | August 29, 2017 | 04:30

But there's a reason to consider doing so sooner rather than later: a new law takes effect later this week. The new law, House Bill 1774 , was passed to crack down on frivolous lawsuits. After Friday, new legal restrictions will be in place that make things more hard for consumers, and interest rates imposed on insurance companies to deter late payments will be cut almost in half.

by | August 29, 2017 | 03:31

Louis Lambert International Airport (STL) to cover the entire San Francisco Bay Area with the announcement of new non-stop service to San Jose, CA (SJC) and Sacramento, (SMF). The airline also is offering direct flights from Spokane to Sacramento and summer seasonal service to San Diego. Southwest Airlines will add a San Jose flight in April.

by | August 29, 2017 | 03:33

The ACCC also claims Viagogo misled consumers by claiming tickets to some shows being resold on its website were nearly all snatched up, despite there being a number of tickets still up for grabs provided by the official ticketing outlet. The court action follows recent warnings by the WA, Queensland, NSW and ACT governments for event-goers to avoid Viagogo after waves of complaints, including that buyers received fake tickets, no tickets at all, and could not obtain refunds.

by | August 29, 2017 | 01:27

About 50,000 cans have already arrived in Baton Rouge, Louisiana in anticipation of the heavy rainfall the area may receive as the tropical storm moves east. AB has produced 76 million cans of water for disaster relief since 1988, a spokesperson confirmed. They have packed water bottles for the victims of numerous natural disasters, which include flood victims in Texas and Oklahoma, victims of Hurricane Matthew along the coasts of Florida and Georgia, those devastated by Hurricane Sandy ...

by | August 29, 2017 | 01:21

The problem is - the historic storm is still causing big troubles inland. Complicating matters, crude inventories had already been slipping, according to the Energy Information Administration. Hurricane Harvey, a category four hurricane, hit Texas coastlines hard this weekend. Due to this, there will be less crude oil being turned into gas.

by | August 29, 2017 | 00:09

The value of the company's investment in The Kraft Heinz Company increased from $351,000 to $376,000 a change of 7.1% quarter to quarter. Vanguard Group Inc decreased its position in The Kraft Heinz Company stock by 1.8% as of the end of the last quarter.

by | August 28, 2017 | 22:12

Hurricane Harvey came ashore over the weekend as the most powerful hurricane to hit Texas in more than 50 years, killing at least two people, causing large-scale flooding, and forcing the closure of Houston port as well as several refineries.

by | August 28, 2017 | 22:04

That equates to about 2.5 million barrels a day. More than 100 production platforms have been evacuated because of flood waters, and a number of oil refineries have been shut down as well. Tom Kloza at the Oil Price Information Service is predicting a 10 to 15-cent hike. With Labor Day, the traditional end of summer celebrations, around the corner, average gas prices in Florida have ranged from a high of $2.47 per gallon in April to a low of $2.13 per gallon in the middle of July.

by | August 28, 2017 | 22:03

About shares traded. Discovery Communications Inc. Manning & Napier Advisors Llc sold 145,440 shares as Discovery Communicatns New ( DISCA)'s stock declined 9.80%. Its down 0.14, from 0.96 in 2016Q3. In case of Revenue Estimates, 19 analysts have provided their consensus Average Revenue Estimates for Discovery Communications, Inc.as 1.64 Billion.

by | August 28, 2017 | 21:53

It has underperformed by 35.67% the S&P500. (GPOR) stake by 22.02% reported in 2016Q4 SEC filing. Clarivest Asset Management Llc who had been investing in Supervalu Inc for a number of months, seems to be bullish on the $753.34M market cap company.

by | August 28, 2017 | 21:44

There was a -0.2% decline on 8/25/2017 that led the price to move at $14.64. Glg Limited Liability Company has invested 0.02% of its portfolio in Calpine Corporation (NYSE: CPN ). Sound Shore Management Inc decreased Applied Materials (NASDAQ:AMAT) stake by 112,724 shares to 4.98M valued at $160.76M in 2016Q4. Calpine Corporation (NYSE:CPN) stock continues to edge higher ahead of the proposed $5.6 billion takeover by private equity firm Energy Capital Partners.

by | August 28, 2017 | 21:28

The stock rose 4.06% or $0.62 reaching $15.88. Howard Weil maintained Patterson-UTI Energy, Inc. Patterson-UTI Energy, Inc. (NASDAQ: PTEN ) has risen 32.91% since August 27, 2016 and is uptrending. Nikko Asset Management Americas owns 13,400 shares. Ci Investments has 2.02 million shares. This represents a $0.08 dividend on an annualized basis and a yield of 0.50%.

by | August 28, 2017 | 20:27

The stock increased 0.35% or $0.22 on August 25, reaching $62.9. It has underperformed by 17.65% the S&P500. 56,000 are held by Amer Assets Management Llc. ( NYSE:CCE ), 9 have Buy rating, 2 Sell and 12 Hold. The stock of RH (NYSE:RH) has "Hold" rating given on Thursday, June 9 by Deutsche Bank. CLOK's SI was 9,100 shares in August as released by FINRA.

by | August 28, 2017 | 20:21

Elon Musk is confident that the speed of Hyperloop pods can be pushed as high as 600mph on the SpaceX test track. The second pod competition has just finished, and team Warr won again, but with a much more impressive showing. The WARR Hyperloop entry set the highest top speed of the day - 201 miles per hour - in the ¾-mile-long, 6-foot-tall test tunnel constructed by SpaceX past year.

by | August 28, 2017 | 19:30

About 33,601 shares traded. Gilead Sciences Inc agreed to buy Kite Pharma Inc in a $11.9 billion deal on Monday, as it looks to fuel growth with an emerging class of cancer immunotherapies that are expected to generate billions, Reuters reported.

by | August 28, 2017 | 19:29

When Verstappen made the switch from Toro Rosso to Red Bull in the fifth race of last season, he secured a brilliant win on his team debut at the Spanish GP. At the moment I am not a happy person'. And his team boss Horner isn't at all happy with the situation. "I've no doubt he'll be determined to deliver his best again in Monza, despite the engine penalties we will take there, and the disappointment he feels right now, and that's the measure of the man he is".

by | August 28, 2017 | 19:29

U.S. President Donald Trump will start publically campaigning for long-waited tax reform next week, according to his chief economic advisor Gary Cohn. "The core reforms we have put in place have substantially boosted resilience without unduly limiting credit availability or economic growth". She added: "A resilient financial system is critical to a dynamic global economy".

by | August 28, 2017 | 18:45

Nirmal Bang says that the next CEO will be an internal candidate. UB Pravin Rao - who was named interim CEO after Sikka's exit - will continue in his current position till a permanent CEO and MD is identified. "I am an admirer of N R Narayana Murthy . will ensure Infosys, Murthy and other founders have a healthy relationship", he said. Nilekani, refrained from commenting on Infosys' future strategy apart from saying it would be aligned with global developments and that he saw tremendous ...

by | August 28, 2017 | 18:47

The NHC, which has warned that catastrophic flooding were expected across portions of southern and southeastern Texas, expects Harvey to move slowly and linger over Texas for days. About 26 percent of Gulf natural gas production is offline, or about 835 million cubic feet per day, BSEE said. The Port of Corpus Christi , Texas, was closed to vessel traffic, a spokeswoman for the city's Port Authority said.

by | August 28, 2017 | 18:28

President Donald Trump could offer to nominate her for a second term, but economists polled by Bloomberg expect him to choose someone else. Donald Trump has been rebuked by the U.S. Supervision of large banks has become more centralised, and they are stress-tested every year to make them more resilient. "She is sort of putting a stake in the ground here in terms of this regulation issue, which is the one sort of sticking point between her and Trump right now", said Phil Orlando, chief ...

by | August 28, 2017 | 17:48

While the iPhone 8 might face tough competition against the Samsung Galaxy Note 8 , it is sure to outsell most previous models, considering the iPhone user base looking to upgrade their phones . Taking a trip down memory lane, the Galaxy Note7 featured a 3,500mAh battery that ended up going up in smoke in a very large number of alarming incidents.

by | August 28, 2017 | 16:52

Jeff Wilke, CEO of Worldwide Consumer at Amazon , said in a statement the company will "lower prices without compromising Whole Foods Market's long-held commitment to the highest standards". "Regardless of whether Amazon has an actual Whole Foods grocery store near a competitor, their online model and size allows them to unfairly compete with every single grocery store in the nation", Matt Perrone, the union's president, wrote in the letter .

by | August 28, 2017 | 16:34

The grocery chain, which has fought the "Whole Paycheck" reputation, had been under shareholder pressure to improve results as customers moved on and discount chains like Lidl and Aldi expanded in the U.S. "As part of our commitment to quality, we'll continue to expand our efforts to support and promote local products and suppliers", he said. By buying Whole Foods, Amazon is taking a bold step into brick-and-mortar, with its more than 460 stores and potentially very lucrative data about ...

by | August 28, 2017 | 16:04

After the collision, adjacent compartments on the McCain -- including crew berth, machinery and communications rooms -- flooded, according to the Navy, which added that a damage-control response prevented the situation from becoming more serious.