Business

Business After Gujarat, Maharashtra brings down petrol, diesel prices by cutting taxes
Author: 0 After Gujarat, Maharashtra brings down petrol, diesel prices by cutting taxes

Finance Minister Arun Jaitley , after announcing the cut in excise duty on oil last week, had urged the states to slash sales tax or VAT on petrol and diesel to provide further relief to consumers from high fuel prices. The new development comes as a huge relief for the people in the state with petrol prices hovering close to Rs 80 per litre. The government had in November 2015 and January 2016 raised excise duty on petrol and diesel five times to take away gains arising from plummeting ...

Business Wade GW & Inc. Reduces Position in Magellan Midstream Partners, LP (MMP)
Author: 0 Wade GW & Inc. Reduces Position in Magellan Midstream Partners, LP (MMP)

It has outperformed by 4.96% the S&P500. The Volatility 3m of Magellan Midstream Partners, L.P. (NYSE: MMP ) is 15.6438. Travelers Companies Inc sold 113,200 shares as Magellan Midstream Partners Lp (MMP)'s stock declined 7.68%. Renaissance Technology Ltd Liability Company holds 0.03% of its portfolio in IDACORP Inc (NYSE:IDA) for 285,100 shares. Moreover, Dimensional Fund Limited Partnership has 0% invested in Malvern Bancorp, Inc.

Business BHP Billiton Plc (NYSE:BBL) Broker Price Targets For The Coming Week
Author: 0 BHP Billiton Plc (NYSE:BBL) Broker Price Targets For The Coming Week

Jefferies upgraded the stock to "Buy" rating in Tuesday, August 23 report. BHP Billiton Ltd (BHP.AX) presently has a 14-day Commodity Channel Index (CCI) of 224.65. HighTower Advisors LLC now owns 9,758 shares of the mining company's stock worth $300,000 after purchasing an additional 275 shares in the last quarter.

Business Investigation into motive behind the Las Vegas shooting continues
Author: 0 Investigation into motive behind the Las Vegas shooting continues

Police said they've looked at everything from family to political to social to economic status. Officials say his planning was far more extensive then what has been seen in other mass shootings. On Sept. 28, the 64-year-old high-stakes gambler and real estate investor checked into Mandalay Bay and specifically requested an upper-floor room with a view of the Route 91 Harvest music festival, according to a person who has seen hotel records turned over to investigators.

Business Next Weeks Broker Price Targets For Flexion Therapeutics Inc (FLXN)
Author: 0 Next Weeks Broker Price Targets For Flexion Therapeutics Inc (FLXN)

Oracle Corp (ORCL) shares are moving today on volatility -0.25% or $-0.12 from the open. 3,149 are owned by Zurcher Kantonalbank (Zurich Cantonalbank). Analysts expect next quarter's EPS to be $-1.13 with next year's EPS anticipated to be $-3.39. Equity analyst Northland Securities initiated coverage with an initial rating of "Outperform".

Business Twitter suspends candidate's ad for 'inflammatory or provocative content'
Author: 0 Twitter suspends candidate's ad for 'inflammatory or provocative content'

Twitter blocked a Senate campaign ad for Rep. Marsha Blackburn (R-TN) Monday over her comment in the ad that she "fought Planned Parenthood and we stopped the sale of unborn baby body parts". Providing legal tissue to researchers is legal if no profit is made, and congressional investigations found no evidence of the organization making money off of the practice.

Business (CHK) Stock Rating Reaffirmed by FBR & Co
Author: 0 (CHK) Stock Rating Reaffirmed by FBR & Co

CTWS's SI was 264,800 shares in October as released by FINRA. With 31.29M shares average volume, it will take short sellers 6 days to cover their CHK's short positions. It operates through three divisions: Water Operations, Real Estate Transactions, and Services and Rentals. Chesapeake Energy Corporation (NYSE: CHK ) received a Buy rating from 0 analysts.

Business Brent crude oil prices lower despite Gulf of Mexico idling
Author: 0 Brent crude oil prices lower despite Gulf of Mexico idling

In late 2016 OPEC member countries and non-OPEC parties, such as Azerbaijan and Russian Federation agreed to remove 1.8 million barrels a day from global oil production. "Obviously, crude oil would likely fall below $50 if the full bear case plays out". Oil demand has surprised forecasters to the upside. Crude oil prices were drifting into negative territory early Monday on suggestions that more US shale oil could move into the global marketplace.

Business Las Vegas dims lights to mark one week since mass shooting
Author: 0 Las Vegas dims lights to mark one week since mass shooting

Las Vegas Sheriff Joseph Lombardo had previously travelled to Mumbai after the 2008 attacks, and said the lessons he learned there had helped shape his officers' fast response to Paddock's shooting. "He tried to make people happy; he tried to make people care and I don't know what happened to him", she added with eyes tearing up. Luckily, another officer had a pry bar and managed to open the door.

Author: 0 India expects reasonable oil prices from OPEC

He highlighted the arrival of two shipments of crude oil cargo of 1.6 million barrels from the U.S. "Number two, to sustain this into next year, some extraordinary measures may have to be taken in order to restore this stability on a sustainable basis going forward", the top OPEC man said without elaborating on what these measures might include, although he mentioned that OPEC would welcome more participants in the production cut deal.

Business Bombardier Faces Even Stiffer Duties As Boeing Co (BA) War Intensifies
Author: 0 Bombardier Faces Even Stiffer Duties As Boeing Co (BA) War Intensifies

On Sept. 26, Commerce also announced preliminary countervailing duties to be imposed on these same Canadian aircraft, as part of the Boeing petition. Boeing Co shares were unchanged in premarket trading Monday. To win its case before the ITC, Boeing must prove it was harmed by Bombardier's sales, despite not using one of its own jets to compete for the Delta order.

Business Oil is down 3% as over-supply fears re-surface
Author: 0 Oil is down 3% as over-supply fears re-surface

Meanwhile, futures, the benchmark for oil prices outside the USA, tumbled $1.38, or roughly 2.5%, to settle at $55.62 a barrel, its weakest in almost three weeks. India expects reasonable crude oil price from OPEC member countries, Union Minister of Petroleum and Natural Gas Dharmendra Pradhan told Secretary General of OPEC Mohammad Barkindo .

Business Alabama's Nick Saban: 'We're not going to beat everybody 66-3'
Author: 0 Alabama's Nick Saban: 'We're not going to beat everybody 66-3'

In his injury report after the game, Saban said receiver Calvin Ridley suffered a thigh bruise and Tony Brown a sprained knee against the Aggies. Kellen Mond hit Damion Ratley for a 32-yard completion down to the Tide 3-yard line, but some mismanagement on the goal line, along with a costly penalty, forced A&M into a fourth-down situation.

Author: 0 (MSFT) Shares Bought by 3G Capital Partners LP

The Northrock Partners Llc holds 9,019 shares with $621,000 value, down from 34,442 last quarter. Shelton Capital Management who had been investing in Microsoft Corp for a number of months, seems to be bullish on the $585.37 billion market cap company.

Business WorleyParsons to buy AFW UK to enter North Sea
Author: 0 WorleyParsons to buy AFW UK to enter North Sea

WorleyParsons said the acquisition would provide it with a "robust entry" into the UK North Sea market and accelerate the company's strategy to become a global provider of maintenance and operational services. The deal was cleared by the Competition Markets Authority after Foster Wheeler Energy agreed to sell its North Sea engineering, construction and maintenance services business for in its upstream offshore oil and gas clients.

Business General Electric names new CFO
Author: 0 General Electric names new CFO

The company also announced Friday that Bornstein , once considered a potential successor to Immelt, would leave GE and be replaced by Jamie Miller , CEO of GE Transportation. Miller, whose appointment is effective November 1, was most recently chief executive officer and president of GE's transportation business. Miller has been with GE since 2008, having acted as Vice President, Chief Accounting Officer, Chief Information Officer, in addition to her current role, throughout her 10 year ...

Author: 0 Fire Cancels American Airlines Flight in Hong Kong

Video from the scene shows a ramp worker falling from the hold and being helped away by coworkers. A cargo loader burst into flames Monday at Hong Kong International Airport, injuring the machine's operator. local time before the fire forced the cancellation. She added that the airline was looking into the cause of the mechanical issue that triggered the fire.

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