Business

Despite Higher Profits, BP Disappoints With Q1 Cash Flow

Despite Higher Profits, BP Disappoints With Q1 Cash Flow Operating cash flow excluding payments made following the oil spill in the Gulf of Mexico stood at $5.4bn, including a $1.8bn negative impact from an increase in working capitals. Continued Downstream earnings growth with strong refining availability in the US. "The spill payment in the first quarter was "$500 million more than I expected", although that probably means the burden will be lower ... [Full Article...]

Marathon Petroleum profit jumps on higher refining margins

Marathon Petroleum profit jumps on higher refining margins Convergence Investment Partners Llc increased Marathon Pete Corp ( MPC ) stake by 76.89% reported in 2017Q4 SEC filing. Since December 12, 2017, it had 1 insider buy, and 5 insider sales for $8.42 million activity. The time horizon for each investor may be different. More detail-oriented stock traders might be keeping tabs on another metric: the Williams Percent Range or Williams %R. [Full Article...]

Shore Capital Maintains Its "Hold" Rating on Carpetright (LON:CPR) Shares Today

Deutsche Savings Bank Ag, a Germany-based fund reported 72,627 shares. Rafferty Asset Mgmt Ltd Llc owns 7,273 shs. Virginia Retirement Et Al holds 52,200 shares or 0.03% of its portfolio. Ticker's shares touched GBX 3594 during the last trading session after 0.34% change.Currently NMC Health Plc is after 0.00% change in last April 27, 2017. [Full Article...]

United States inflation in March hits Fed goal

United States inflation in March hits Fed goal The rise in the annual inflation measures reported by the Commerce Department on Monday were anticipated by economists and Fed officials and is not expected to alter the USA central bank's gradual interest rate hikes. But the rise of the 10-year yield to a record high hasn't done much for bank stocks, because short-term rates have climbed even more. Inflation is also likely to be fanned ... [Full Article...]

StormTrack Weather: Warm temps. return for weekend

StormTrack Weather: Warm temps. return for weekend For Monday through Wednesday next week, the Lehigh Valley will see sunny skies and much warmer temperatures. A chance of rain showers before midnight, then a chance of rain and snow showers between midnight and 4am, then a slight chance of snow showers after 4am. [Full Article...]

Crypto Exchange Binance is More Profitable than Germany's Biggest Bank Deutsche

Meanwhile, revenues fell in the first quarter of 2018 by 5 percent to 7 billion euros ($8.5 billion) year on year. The cuts and weaker-than-expected earnings follow weeks of turmoil at Deutsche Bank , including the ouster of its chief executive, the departure of senior managers and a stream of negative news about its performance. [Full Article...]

Subway expects to shutter hundreds of USA locations this year

Subway expects to shutter hundreds of USA locations this year The Milford, Conn. -based chain wants to focus on better restaurant locations and boosting sales, according to Bloomberg. Their plans are to concentrate the opening of new stores in Germany, Great Britain and Asia. The spokesperson said the anticipated moves come as part of an "aggressive revitalization plan". And in July, Subway began rolling out a big redesign of its stores , which included a b... [Full Article...]

RE: Ford drops hatches from U.S. line up

Ford isn't shy about its reasons: "declining consumer demand and product profitability" make it impractical to develop other sedans. After a more than 30 year run, the Ford Motor Co . The Focus Active is one of the family of redesigned 2020 Focus models Ford unveiled this month . No time table is set for the discontinuation of specific models. [Full Article...]

'This Is An Important Moment': Meek Mill Talks Responsibilities After Prison Release

'This Is An Important Moment': Meek Mill Talks Responsibilities After Prison Release The 30-year-old Philadelphia rapper , who was jailed in November over a case from his teenage years, was ordered out on bail by Pennsylvania's Supreme Court. There's alot of light shining on my situation'. In a statement to TMZ about his release, Meek wrote, "While the past five months have been a nightmare, the prayers, visits, calls, letters and rallies have helped me stay positive". [Full Article...]

Comcast makes Sky bid official - what happens next?

Comcast makes Sky bid official - what happens next? Comcast first detailed the offer of £12.50 per share back in February. US media conglomerate Comcast has made a 22 billion pound ($30 billion) bid for London-based pay TV operator Sky in move that threatens a rival bid by Rupert Murdoch. [Full Article...]

Gold firms after three-day slide as dollar stabilises

Gold firms after three-day slide as dollar stabilises Higher US yields have played a role in supporting the Dollars as surging oil prices make for a compelling inflationary storyline. Now, on April 23, the market closed with the yield at 2.975 percent, while the high of the day was 2.996 percent. [Full Article...]

Danish inventor gets life in prison for journalist's murder

Danish inventor gets life in prison for journalist's murder Wall, 30, had disappeared in mid-August 2017 after boarding Madsen's submarine while researching a story. Madsen has denied murder and said Wall died accidentally inside the submarine, but has confessed to throwing her body parts into the sea . [Full Article...]

Shire warms to Takeda's latest offer, extending deadline

Shire warms to Takeda's latest offer, extending deadline The new £49/share offer represents a whopping 59.6% premium to Shire's share price on March 27, the day before confirmation that Takeda was considering an approach (up from 43.3% initially). Ambitious cost cutting will be required to make the deal pay. But he said Shire offered an attractive portfolio. On Wednesday, March 14 the stock rating was upgraded by Numis Securities to "Buy". [Full Article...]

Mets remove the struggling Matt Harvey from rotation

Mets remove the struggling Matt Harvey from rotation Callaway and the Mets obviously didn't care how Harvey felt on the matter. Though Matt Harvey may have been dubbed the "Dark Knight of Gotham" many years ago, he's been anything but a savior to NY, or his Mets team . Freddie Freeman , who suffered no structural damage to his left wrist when he was hit by a pitch from Phillies left-hander Hoby Milner on Wednesday night, had two hits. [Full Article...]

GBP Plummets as Carney Casts Doubts over May Rate Hike

GBP Plummets as Carney Casts Doubts over May Rate Hike Investors' bets on a hike shrank to around 40 per cent from 70 per cent earlier this week, according to Reuters estimates derived from the swap markets. However, he noted that Carney's cautious tone was not bad news for everyone. "The UK index jumped around half a percent after the bell [on Thursday], sending it to a fresh 11-week peak of 7360". [Full Article...]

Weekly GB Group plc (LON:GBG) Ratings on April 20, 2018

Therefore 40% are positive. Beazley PLC had 20 analyst reports since November 8, 2017 according to SRatingsIntel. The firm has "Buy" rating given on Wednesday, February 21 by Numis Securities. New York-based Evercore Wealth Mgmt Ltd Com has invested 0.08% in Alliance Pharma plc (LON:APH). Trexquant L P reported 0.11% of its portfolio in Alliance Pharma plc (LON:APH). [Full Article...]

Bill Gates warns Commonwealth leaders the fight against malaria could 'go backwards'

Bill Gates warns Commonwealth leaders the fight against malaria could 'go backwards' A day before CHOGM on Wednesday, a Malaria Summit is being held to get political and financial commitments from the head of nations. Malaria death rates have been in steady decline since 2000 but rose in 2016 as progress towards eliminating the mosquito-borne preventable disease stalled. [Full Article...]

IRS Extends Tax Filing Deadline

IRS Extends Tax Filing Deadline Taxpayers using paper to file and pay their taxes at the deadline were not affected by the system issue. An IRS spokesperson told NPR , "Currently, certain IRS systems are experiencing technical difficulties.Taxpayers should continue filing their tax returns as they normally would". [Full Article...]

Goldman Sachs ActiveBeta Europe Eq ETF (GSEU) Rises 0.48% for April 16

Goldman Sachs ActiveBeta Europe Eq ETF (GSEU) Rises 0.48% for April 16 Leuthold Grp Inc Ltd Liability holds 3,808 shs. The New York-based Blackrock Inc. has invested 0% in the stock. (NYSE:GS). American International invested in 112,771 shs. GS has 3.02M shares volume. The stock underperformed the S&P 500 by 1.89%. It manages about $1081.46 billion US Long portfolio. In total 12 analysts cover Goldman Sachs Group Inc (NYSE:GS). [Full Article...]

Netflix growth exceeds expectations

Netflix growth exceeds expectations Sarandos stressed that Netflix would not be moving into live news, but products such as the monthly special with David Letterman (one episode of which featured former President Obama) which he described as "topical interviews" would continue, and viewers would see more of that type. [Full Article...]


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