Finance

Hurricane Harvey Hammers Auto Industry, Motorists Across US

Hurricane Harvey Hammers Auto Industry, Motorists Across US Tropical Storm Harvey has boosted gasoline and dragged down crude as it spurred the shutdown of about a quarter of refining capacity in the world's biggest oil user. Jeanette Casselano, a spokeswoman at AAA , said gas prices were already expected to rise over Labor Day Weekend as far back as July. "Harvey will raise product prices nationwide, denting demand, especially in September", said... [Full Article...]

Virginia could be among states with highest increase in gas prices

Virginia could be among states with highest increase in gas prices More than 520,000 shares in the exchange-traded fund, which invests in gasoline futures , changed hands on Monday, the most in more than six years, according to FactSet. U.S. West Texas Intermediate (WTI) crude CLc1 edged down 13 cents or 0.3 percent to $46.44 a barrel. Due to shut down of the refineries along the Gulf Coast, the gasoline prices on Labor Day weekend could jump up more than t... [Full Article...]

Navistar International Corp (NAV) EPS Estimated At $0.28

Ninivaggi Appointed To Navistar Board Of Directors" on August 16, 2017. It has outperformed by 126.26% the S&P500. Hal Mintz decreased its stake in Paratek Pharmaceuticals Inc (PRTK) by 37.14% based on its latest 2016Q4 regulatory filing with the SEC. [Full Article...]

Local gas prices feel the effects of Harvey

Local gas prices feel the effects of Harvey That included a rare opportunity for exports of jet fuel from Europe to the United States, reversing the usual flow of shipments. AAA Travel projected more than 35 million American would travel 50 miles or more from home during Labor Day weekend in 2015, the previous year the company provided such statistics. [Full Article...]

JA Solar Holdings, Co., Ltd. - (NASDAQ:JASO) Sees Significantly Higher Trading Volume

Eaton Corp now has $31.33 billion valuation. The stock increased 1.88% or $0.12 during the last trading session, reaching $6.5. Shares of JA Solar Holdings, Co . Finally, Credit Suisse Group set a $7.00 target price on JA Solar Holdings, Co . and gave the stock a "hold" rating in a research report on Tuesday. [Full Article...]

Gas prices surge higher amid fears of shortages following Hurricane Harvey

Gas prices surge higher amid fears of shortages following Hurricane Harvey The American Automobile Association said early Friday that the national average for a gallon of regular gas rose in one day from $2.45 Thursday to $2.52 Friday. With its supplying refineries closed in the area, the pipeline operator cited reduced output as the reason for suspending its transportation operations. [Full Article...]

Ollie's Bargain Outlet Holdings, Inc. (OLLI) Set to Announce Earnings on Tuesday

Ollie's Bargain Outlet Holdings, Inc. (OLLI) Set to Announce Earnings on Tuesday With 655,400 avg volume, 7 days are for Clorox Company Del (NYSE:CLX)'s short sellers to cover CLX's short positions. The share price of Ollie's Bargain Outlet Holdings, Inc . Its down 0.13, from 0.88 in 2016Q3. 48 funds opened positions while 135 raised stakes. Teachers Advisors LLC now owns 32,999 shares of the company's stock valued at $939,000 after buying an additional 828 shares during th... [Full Article...]

Las Vegas Sands Corp. (NYSE:LVS) Up 4.57%, Can the Run Continue?

It is down 28.09% since August 30, 2016 and is uptrending. It has outperformed by 7.97% the S&P500. Noam Gottesman decreased its stake in Freeport (FCX) by 33.98% based on its latest 2016Q4 regulatory filing with the SEC. New York-based Cg Asset Ltd Liability Corp has invested 0.48% in Las Vegas Sands Corp. (NYSE:LVS) now have an ABR of 2.00.which is marked on a basic 1 to 5 scale, where 1 stand... [Full Article...]

Oil prices likely to get a boost from stock draws, demand growth

Oil prices likely to get a boost from stock draws, demand growth Concerns about high production from the United States could hinder price recovery and delay rebalancing. There's somewhat of an anomaly happening in global crude markets right now. EDT. They are now 14.5 percent below the record levels hit in March. Second, low U.S. oil prices are likely to encourage exports, further boosting demand. [Full Article...]

The Alexion Pharmaceuticals, Inc. (ALXN) EVP Julie O'neill Sells 11160 Shares

Finally, Oppenheimer Holdings, Inc. reiterated a "hold" rating on shares of Alexion Pharmaceuticals in a research report on Tuesday, May 23rd. The firm earned "Outperform" rating on Monday, December 14 by BMO Capital Markets. The company has market cap of $40.61 million. The Company's divisions are North America; International, and American Girl. It has a 24.26 P/E ratio. The Company's portfolio o... [Full Article...]

Dollar, Oil and Tech in Focus

Dollar, Oil and Tech in Focus Asian stocks are broadly higher as investors sought bargains. The US Commerce Department reported Wednesday the world's largest economy expanded a forecast-beating three percent in the second quarter. will explore every diplomatic and economic option first to increase pressure on North Korea. The Dow Jones Industrial Average rose 43.75 points, or 0.2 percent, to 21,909.12, the S&P 500 gained... [Full Article...]

Taylor Asset Management Inc. Has $30.08 Million Stake in McKesson Corporation (MCK)

McKesson Corporation (NYSE: MCK ) opened at 149.41 on Friday. It has underperformed by 32.15% the S&P500. On average, analysts anticipate that McKesson Corporation will post $12.07 EPS for the current year. The firm has "Market Perform" rating given on Tuesday, March 15 by Cowen & Co. Evergreen Capital Management LLC raised its stake in McKesson Corporation by 172.4% in the second quarter. [Full Article...]

Valeant Pharmaceuticals Interna (NYSE:VRX) Experiences Lighter than Average Trading Volume

The stock declined 0.98% or $0.13 reaching $13.11 per share. The firm recorded a rise in short interest from July 31, 2017 to August 15, 2017 of 37.63%. OppenheimerFunds Inc. now owns 4,489,169 shares of the specialty pharmaceutical company's stock worth $49,516,000 after buying an additional 656,116 shares during the period. [Full Article...]

Hurricane driving up Labor Day gas prices

Hurricane driving up Labor Day gas prices Kinder Morgan shut down "select systems" of its 300,000 barrels per day crude and condensate pipeline in Texas. Others were seen running at higher rates to boost profitability by filling shortages. "There's plenty of gasoline", he said. But the supplies from those distant markets may not arrive fast enough to avert a crunch. "Deliveries will be intermittent and dependent on terminal and refine... [Full Article...]

Independence Realty Trust Inc

Independence Realty Trust Inc Citigroup Incorporated reported 114,619 shares. The stock decreased 0.39% or $0.21 on September 1, reaching $53.97. Class A shares had a trading volume of 195K on Friday. The Massachusetts-based Eagle Boston Investment Management Inc has invested 1.62% in the stock. The value in dollars decreased from $4,385,000 to $4,215,000 decreasing 3.9% since the last quarter. [Full Article...]

Gas Prices Rise Nationwide Since Hurricane Harvey Made Landfall

Gas Prices Rise Nationwide Since Hurricane Harvey Made Landfall A crew from the station booked a room and was charged $321.89, including taxes, a night. The AG office is monitoring prices because state law against price gouging goes into effect under "very specific circumstances", Wilson said. According to columbiagasprices.com, the Midlands average is $2.44 a gallon, that's up.40 cents from just a week ago. Gas on Frazier Avenue cost $2.59. [Full Article...]

The AMF Pensionsforsakring AB Maintains Stake in McDonald's Corporation (MCD)

McDonald's Corporation's P/E ratio is 26.16 and the market cap is 129.43B. The stock declined 0.28% or $0.44 reaching $159.09 per share. About 310 shares traded. The firm has "Outperform" rating by Credit Suisse given on Wednesday, August 5. The firm earned "Overweight" rating on Friday, November 11 by Morgan Stanley. [Full Article...]

Commodities expert: Unclear how long Harvey will affect gas prices

Commodities expert: Unclear how long Harvey will affect gas prices The US gasoline prices hit a two-year high above Dollars 2 a gallon on Thursday, but on Friday, as two refineries began to restart, the "crack spread" - the difference between crude oil and gasoline prices - fell almost 11%. "There's no supply to pay for the prices, unfortunately". "So I have a little lifeline", Luchtman said. "They're going to keep going up then", he said. [Full Article...]

The Brokerages Anticipate Franco-Nevada Corporation (FNV) to Announce $0.26 EPS

For the next year, analysts expect that the business will report sales of $705.67 million per share, with estimates ranging from $658.40 million to $791.00 million. Zacks Investment Research's EPS calculations are a mean average based on a survey of analysts that follow Franco-Nevada Corporation. State of Wisconsin Investment Board now owns 148,698 shares of the basic materials company's stock wo... [Full Article...]

IShares Russell 1000 Growth Index

Rothschild L.P.'s holdings, making the share its 4th largest stake. Park Avenue Securities LLC bought a new stake in iShares Russell 1000 Growth Index during the second quarter valued at about $26,145,000. 1,016,189 shares of the stock were exchanged. The firm has a 50-day moving average price of $139.76 and a 200 day moving average price of $138.50. iShares Russell 2000 Index has a one year low o... [Full Article...]


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