Finance

USA move on Iran sanctions a key decider of oil's fate

USA move on Iran sanctions a key decider of oil's fate Money mangers have increased their bullish WTI crude bets by 24,758 net-long positions to 442,408, according to the U.S. Commodity Futures Trading Commission. It is important for US policymakers to recognize the change that has taken place and that now higher oil prices signify a mixed impact on the American economy. [Full Article...]

Britain's TSB bank working to fix problem with app, online banking

Britain's TSB bank working to fix problem with app, online banking A TSB customer was stunned when he logged into his account and saw his mortgage was $13 million in credit while others are still locked out of accounts three days after the bank was hit by technical problems. But, unlike most challenger banks, TSB comes with a large IT legacy. The bank's customer service line reopened at 7am. "We are now experiencing large volumes of customers accessing our mobi... [Full Article...]

Existing home sales rose in USA for second consecutive month

Existing home sales rose in USA for second consecutive month The South and West had reduced sales, falling 0.4 percent to 2.4 million in the South, with a median price of $222,400, and 3.1 percent to 1.23 million in the West, with a median price of $377,100. Sales of homes priced between $100,000 and $250,000 were down 7.8% from a year ago, while homes at $750,000 or above were up more than 15%. Just in time for spring, inventory of existing homes for sal... [Full Article...]

Amazon.com (NASDAQ:AMZN) Shares Sold by Baldwin Brothers Inc. MA

Amazon.com (NASDAQ:AMZN) Shares Sold by Baldwin Brothers Inc. MA Needham maintained Amazon.com, Inc. The stock decreased 0.92% or $13.99 during the last trading session, reaching $1513.5. About 5.28M shares traded. It has outperformed by 65.23% the S&P500. Plante Moran Finance Advsr Limited Liability Corporation, a Michigan-based fund reported 44 shares. Plancorp LLC raised its holdings in shares of Amazon.com by 25.0% during the fourth quarter. [Full Article...]

Wells Fargo To Pay $1B Over Customer Abuses

Wells Fargo To Pay $1B Over Customer Abuses Wells Fargo & Co. still has a hangover. The fine is the largest ever imposed by the CFPB. In addition, Wells Fargo also charged its customers for vehicle insurance when it wasn't necessary and didn't offer refunds even when customers provided proof of coverage. [Full Article...]

Gilead Sciences, Inc. (GILD) Analysts See $1.59 EPS as of May, 1

About 575,653 shares traded. Analysts are turning out to be more optimistic than before, with 17 of analysts who cover Gilead Sciences, Inc . GILD underperformed the S&P 500 by 1.76%. (NASDAQ: GILD ). Toth Advisory holds 0% or 137 shares. Therefore 53% are positive. Citrix Systems Inc. had 84 analyst reports since July 29, 2015 according to SRatingsIntel. [Full Article...]

Hasbro Slides, Blames Toys R Us

Hasbro Slides, Blames Toys R Us Hasbro Gaming predicted that results for the first quarter of 2018 would be low, but are now accelerating " plans [the company] originally had spread throughout the year to transform [their] commercial organization on a more immediate basis ". [Full Article...]

Google parent Alphabet beats expectations, shares jump

Google parent Alphabet beats expectations, shares jump After neglecting these markets for years in favour of its main ad businesses and riskier moonshot bets, Alphabet is now splurging to catch up. But Google CFO Ruth Porat warned against thinking of the high capex spend as a one-off, stressing that the increased amount is reflective of demand for Alphabet services. [Full Article...]

Poised For a Move? Wabash National Corp (WNC) See Shares Move 0.15

Eqt Midstream Ptnrs Lp now has $4.90B valuation . The shares now trade at $23.08 and have been able to report a change of -2.49% over the past one week. BCE's profit will be $554.80M for 16.37 P/E if the $0.64 EPS becomes a reality. After $0.48 actual EPS reported by T-Mobile US, Inc. for the previous quarter, Wall Street now forecasts 56.25% EPS growth. [Full Article...]

Reports of Justice Department Probe Cause Verizon and AT&T Shares to Drop

Reports of Justice Department Probe Cause Verizon and AT&T Shares to Drop Embedded, or eSIM, technology replaces traditional, removable SIM cards with an embedded SIM module that supports the profiles of multiple operators, so that consumers can switch between operators without needing new, physical SIM cards. the reality is that there's nothing to substantiate it". The three allegedly attempted to develop a way for a carrier to keep a phone locked to its network even... [Full Article...]

Devon Energy Corp (DVN) Anticipated to Publish Quarterly Sales of $3.35 Billion

The Basic Materials stock showed a change of -0.17% from opening and finally closed at $35.40 by scoring -0.81%. About 60.26 million shares traded or 55.95% up from the average. On May, 1 is awaited Devon Energy Corporation ( NYSE : DVN)'s earnings report, Faxor reports. The stock of Devon Energy Corporation ( NYSE : DVN ) has "Hold" rating given on Wednesday, March 14 by Piper Jaffray. [Full Article...]

Buys 1376 Shares of Cisco Systems (CSCO)

The stock outperformed the S&P 500 by 14.02%. Since December 14, 2017, it had 0 insider purchases, and 5 sales for $10.28 million activity. The total amount of shares outstanding is 445.51M, giving the company a market capitalization of about 86.23B. [Full Article...]

NASA Chief Encounters 'Uphill Climb' After Argumentative Confirmation

NASA Chief Encounters 'Uphill Climb' After Argumentative Confirmation The Republican Congress member will fill up the post after it fell vacant in January 2017 when Charles Bolden, Nasa's leader under former president Barack Obama stepped down. "I'm very pleased to welcome Jim Bridenstine to NASA", said Lightfoot. Vice President Mike Pence will lead the ceremony at the space agency's Washington headquarters which is scheduled for 1:30 p.m. [Full Article...]

PUBG: How to Play the Miramar Map on Xbox One Tomorrow

PUBG: How to Play the Miramar Map on Xbox One Tomorrow Miramar will be available for play by anyone who owns PUBG on Xbox One, but it won't be accessible through the main client. This was announced by the PUBG Xbox Team over on the official forums. "There will also be "bug bounty" rewards: 150 players who help us find bugs will get some swaggy in-game items". You might want to start practicing a little more now, because there's a new PUBG tourna... [Full Article...]

Have a look at up/down Move: Delta Air Lines, Inc. (DAL)

The company exchanged hands with 1380586 shares contrast to its average daily volume of 1.78M shares while its relative volume is stand at 0.77. The share performance for the third quarter and second half of the years are -7.68% and 4.81%, respectively. [Full Article...]

Sensex ends higher in choppy trade

Sensex ends higher in choppy trade [Full Article...]

Oil prices surge, gas prices going up

Oil prices surge, gas prices going up Analysts say the hikes are due to crude oil prices - approaching $70 per barrel - and record fuel demand in April, which combine to see the prices at the pump reach their highest point since July 2015. AAA, which like GasBuddy surveys thousands of gas retailers across the state and nation to get up-to-the-minute cost reports, had the national average at $2.763 Monday and the state average at $2.... [Full Article...]

Oil drops with other commodities as U.S. softens rusal stance

Oil drops with other commodities as U.S. softens rusal stance Traders also weighed the outlook for USA supply and production. The United States has until May 12, to decide whether it will leave the Iran nuclear deal. Asked about Iran-Oman's gas pipeline project, Zanganeh said the negotiations for this project are progressing and soon we will hold a tender to choose a contractor for the construction of the pipeline. [Full Article...]

Markets Right Now: Stocks veer broadly lower on Wall Street

Markets Right Now: Stocks veer broadly lower on Wall Street [Full Article...]

US Government Bonds Fall, as 10-Year Yield Approaches 3%

US Government Bonds Fall, as 10-Year Yield Approaches 3% Investors have been selling U.S. Treasury bonds this month amid expectations of rising inflation, and this morning the benchmark 10-year T-note yield hit a high of 2.996%, threatening to piece the 3% barrier for the first time since January 2014; the yield has since slipped to 2.968%, which still puts it 2 bps above Friday's close. [Full Article...]


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