Economy

Gas Prices on the Rise in Columbia

Gas Prices on the Rise in Columbia

A year ago at this time, the average price was 48 cents lower at $1.70. GasBuddy.com surveyed 96 area service stations on Sunday, and analysts note that while prices here have been declining recently, the $2.47 per gallon average is almost 45 cents per gallon higher than on this date a year ago. Read More

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Price of oil lifts but faces prospect of growing United States output

Price of oil lifts but faces prospect of growing United States output

Brent futures LCOc1 gained 23 cents to touch $56.04 a barrel, while US West Texas Intermediate were trading at $53.59 by improving 19 cents, reported Reuters. US drillers boosted the rig count to the highest since October 2015, Baker Hughes Inc. said on Friday. However, the threat of US production strongly weighed on oil prices over the last couple of weeks, thanks to growing inventories from USA shale players. Read More

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Virat Kohli strikes gold with Puma amidst IPL 2017 auction

Virat Kohli strikes gold with Puma amidst IPL 2017 auction

The list includes Jamaican track legend Usain Bolt and his compatriot Asafa Powell, French football stars Thierry Henry, the former Arsenal and Barcelona great, and Olivier Giroud, the current Arsenal striker. The first commercial of Puma featuring Virat Kohli is expected to air on Monday and the Indian batsman is expected to work in markets such as the UK, Australia, and South Africa and places wherever cricket is relevant. Read More

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Germany eyes for International Monetary Fund aid for Greece

The last such mission broke down in acrimony in December over differences as to what still needed to be done and how to ensure Greece meets agreed fiscal targets in the years to come. "We have said over and over again that for us the IMF's participation is indispensable and we are working on this path", Tiesenhausen said. The Greek government blames the IMF for the delay, as the fund disputes the sustainability of the country's finances and demands more pension cuts and a lower income ... Read More

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Iraqi forces push into ISIS-held southern outskirts of Mosul

Iraqi forces push into ISIS-held southern outskirts of Mosul

Iraqi paramilitary federal police and interior ministry units are advancing from the south of Mosul with the initial aim of seizing the city airport. "The lives of hundreds of thousands of civilians are on the line as Iraqi forces and the US-led coalition commence the battle to re-take west Mosul from ISIS", the Norwegian Refugee Council's Country Director in Iraq, Wolfgang Gressmann warned today. Read More

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Unilever shares retreat as Kraft Heinz withdraws $143 bn proposal

Unilever shares retreat as Kraft Heinz withdraws $143 bn proposal

United States company Kraft Heinz's rapid retreat from its surprise bid for Unilever sent the Anglo-Dutch group's shares down over seven percent on Monday in London and Amsterdam. Unilever then released a sharp rebuke against the very notion of Kraft's bid, saying the deal had "no merit, strategic or financial" and that it "does not see the basis for any further discussions". Read More

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RBS shares up 5 percent on alternative plan to Williams & Glyn sale

RBS shares up 5 percent on alternative plan to Williams & Glyn sale

The UK government has now proposed a new plan that would see the British bank fund and deliver a series of initiatives, worth around £750m ($930.86m). RBS chief executive Ross McEwan said: "If agreed it would deliver an outcome on our EC state aid divestment obligations more quickly and with more certainty than undertaking a hard and complex sale and would provide much-needed certainty for customers and staff". Read More

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Ander Herrera produces powerful Manchester United performance against Blackburn

Ander Herrera produces powerful Manchester United performance against Blackburn

I have so many things to think about, said Mourinho as he conveyed the fact that his hands were full and that Chelsea's were not. "They gave us a really hard match and I am really happy with the players, of course". Mourinho's side travel to Ewood Park looking to overcome Sky Bet Championship side Blackburn and reach the quarter-finals, although it would be tempting to rest players given a return leg in France and EFL Cup final against Southampton follows this week. Read More

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Rolls-Royce Holding PLC

Rolls-Royce Holding PLC

A number of other equities analysts have also weighed in on RR. Shore Capital reiterated a "buy" rating on shares of Shawbrook Group PLC in a research note on Thursday, November 3rd. Vodafone Group plc ( LON:VOD ) opened at 199.119 on Monday. The 52 week high for the stock is 505 GBX while the year low stock price is now 331.4 GBX. Read More

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Advance Auto Parts Clash at Daytona postponed to Sunday

Advance Auto Parts Clash at Daytona postponed to Sunday

DAYTONA BEACH | Although 17 drivers got a jump on the field Friday with two practice sessions for the Advance Auto Parts Clash, everyone got track time Saturday in preparation for Daytona 500 pole qualifying. "I told (team owner) Rick (Hendrick) I'd like to get a couple of months under my belt to get confidence in my health", he said. "These teams got to where they don't like to run a whole lot of practice because they tear up race cars and then you're building another race vehicle that ... Read More

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Hitler's personal telephone placed on USA auction block

Hitler's personal telephone placed on USA auction block

The officer's son is now selling the red phone with a Nazi party symbol and Hitler's name engraved on the back. More than 70 years old, the Siemens rotary telephone is embossed with a swastika and the eagle symbolic of the Third Reich. The phone was used in vehicles and trains as well as the bunker and Hitler's field headquarters. He says the seller and auction house hope it ends up in a museum, where people who see it "really understand what extreme fascist thinking can bring about". Read More

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Kraft Heinz Drops $143 Billion Unilever Bid: What Is It's Next Target?

Kraft Heinz Drops $143 Billion Unilever Bid: What Is It's Next Target?

USA -based Kraft had made a surprise offer for Unilever in a bid to build a global consumer goods behemoth, although it was flatly rejected on Friday by Unilever , the maker of Lipton tea and Dove soap. Kraft Heinz had signaled on Friday that it would press ahead with its campaign after the British-Dutch consumer products manufacturer said the initial proposal "fundamentally undervalues" its worth. Read More

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Pearson plc 8.6% Potential Decrease Indicated by Barclays Capital

Pearson plc 8.6% Potential Decrease Indicated by Barclays Capital

Four investment analysts have rated the stock with a sell rating, fourteen have given a hold rating and three have assigned a buy rating to the company. Pearson plc has a 1-year low of GBX 552.00 and a 1-year high of GBX 989.50. Berenberg Bank boosted their price target on Antofagasta plc from GBX 385 ($4.81) to GBX 500 ($6.25) and gave the company a "sell" rating in a research note on Wednesday, November 30th. Read More

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'Obamacare' has brought insurance to millions

'Obamacare' has brought insurance to millions

Passionate debate isn't necessarily a bad thing. Any plan to fix the health care law must maintain the tax breaks, subsidies, and provisions that make the ACA work for small businesses like mine. Dr. Manan Trivedi, president of the National Physicians Alliance, is a staunch Obamacare supporter and apart from the usual plus points in the ACA, he says, as a physician he is all for the preventative care benefits which are mandatory for insurance companies to provide free of cost. Read More

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Unilever rebuffs £112bn takeover approach

Unilever rebuffs £112bn takeover approach

Unilever owns a wide range of food brands, including Hellman's mayonnaise, Knorr stock cubes and Ben & Jerry's ice cream, while Kraft Heinz owns Heinz ketchup, Kraft macaroni and Philadelphia spreads. Kraft Heinz's current portfolio of brands includes A1 steak sauce, Cool Whip, Country Time Lemonade, Maxwell House coffee, Miracle Whip salad dressing, and Velveeta cheese in addition the company's Kraft and Heinz namesake brands. Read More

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Trump Claims He 'Inherited A Mess' From Obama

Trump Claims He 'Inherited A Mess' From Obama

Ryan said Tuesday that investigating the Trump campaign's relationships with Russian Federation isn't a priority for him. The new president, in the midst of a turbulent week of back-and-forth accusations about contacts with Russian Federation and his battle with the intelligence community, addressed the concerns during an extraordinary White House press conference. Read More

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Netanyahu says Israel, US to form team to tackle settlements

Netanyahu says Israel, US to form team to tackle settlements

Ravid reported that Israeli Prime Minister Binyamin Netanyahu attended the parley along with Egyptian President Abdel-Fattah Al-Sissi and Jordan's King Abdallah II. "We have an incredibly close relationship", Australia's Ambassador to Israel Dave Sharma said told The Jerusalem Post. Netanyahu also commented on his meeting with Trump in the United States. Read More

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Shell Midstream Partners, LP (NYSE:SHLX) Under Analyst Spotlight

Shell Midstream Partners, LP (NYSE:SHLX) Under Analyst Spotlight

Cove Point's operations consist of LNG import and storage services at the Cove Point LNG Facility and the transportation of domestic natural gas and regasified LNG to Mid-Atlantic markets via the Cove Point Pipeline. Magellan Midstream Partners L.P. had a net margin of 36.40% and a return on equity of 40.66%. This quarter analysts say they expect sales to move at $218.95 million - lower from $254.37 million the year before. Read More

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American Eagle Outfitters, Inc. (NYSE:AEO)

In a similar way, American Eagle Outfitters, Inc. (NYSE:AEO) showed a growth of 0.00% from the market's prior closing price. Company's annual sales growth for the past five year was 5.40%. The stock is now moving above its 20-Day Simple Moving Average of -3.41% with the 50-Day Simple Moving Average of -3.41 percent. The stock hit its 52-Week High on Aug 15, 2016 and 52-Week Low on May 18, 2016. Read More

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Stock in Concentration: Pfizer Inc. (NYSE:PFE)

The stock has a market cap of $204.02 billion, a price-to-earnings ratio of 28.66 and a beta of 0.94. The firm has a 50-day moving average price of $32.34 and a 200 day moving average price of $33.01. The company presently has a consensus rating of "Buy" and a consensus price target of $37.41. (NYSE:PFE) share price closed at $33.62. 3 Insider Sales transactions were made totaling 93574 shares traded. Read More

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Yahoo issues another warning in fallout from hacking attacks

Yahoo issues another warning in fallout from hacking attacks

If you are one among million Yahoo users, then you better be reading this. In September, the company revealed that it had undergone a data breach two years prior and it affected about 500 million accounts. A company spokesman said Wednesday that Yahoo has invested more than $250 million in security initiatives since 2012, and that it conducts regular cyberattack simulations to boost its defenses. Read More

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Yahoo! Inc. (NASDAQ:YHOO)

Meanwhile, Chief Revenue Officer Utzschneider Lisa sold 914 shares worth $40440, through a transaction dated 2017-02-01. In the last Quarter, Yahoo! Inc. Similar, the positive performance for the quarter recorded as 11.38% and for the year was 53.76%, while the YTD performance remained at 16.42%. The company maintains price to book ratio of 1.40 vs.an industry average at 5.49. Read More

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Two new polls find wildly different Trump approval ratings

Two new polls find wildly different Trump approval ratings

A newly released FOX News poll finds another 10 percent of voters say neither is trusted. It's close but slightly more Americans reportedly trust the White House to tell them the truth more than the news media. The poll suggests Trump's first-month job approval decline may be partly due to negative reactions to his controversial executive order on immigration. Read More

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Ivanka Trump's Perfume Is Selling Like Crazy on Amazon Despite a Boycott

Ivanka Trump's Perfume Is Selling Like Crazy on Amazon Despite a Boycott

However, the perfume boom clearly shows her fans are still willing to indulge in the sweet scent of brand loyalty. Amanda Lawler, who organized the boycott, said Nordstrom dropping Ivanka was the final straw in a series of anti-Trump incidents including designers refusing to dress First Lady Melania Trump and verbal attacks targeting Barron Trump, the president's 10-year-old son. Read More

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Unusual Activity Sighted in Cooper Tire & Rubber Company (NYSE:CTB) Shares

Several institutional investors have recently added to or reduced their stakes in the company. Finally, Airain ltd purchased a new position in shares of The Goodyear Tire & Rubber Company during the second quarter valued at $318,000. According to their predictions High & Low revenue estimates are 4.02 Billion and 3.73 Billion respectively. Many Analysts provided their foresight on Revenue Estimates of The Goodyear Tire & Rubber Company where they believe that the company has the potential to ... Read More

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Union chief set for talks over Peugeot plans for Vauxhall plants

Union chief set for talks over Peugeot plans for Vauxhall plants

A Downing Street spokesman said a request for a meeting with Mr Tavares had been received, adding: "The meeting will take place, in principle, subject to diary availability". Vauxhall's 35,000 strong United Kingdom workforce includes 23,000 in its retail network, 300 at a customer contact centre in Luton and 7,000 in its supply chain alongside the 4,500 employed at factories at Ellesmere Port in Cheshire and Luton in Bedfordshire. Read More

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Securities Analyst Recommendations: Halliburton Company (NYSE:HAL), American Express Company (NYSE:AXP)

Securities Analyst Recommendations: Halliburton Company (NYSE:HAL), American Express Company (NYSE:AXP)

SunTrust analysts provided their view on Halliburton Company (NYSE:HAL) recently. IndexIQ Advisors LLC raised its position in Halliburton Company by 114.4% in the third quarter. The firm's revenue was down 20.9% compared to the same quarter previous year. Earnings surprise history: Last quarter, the company posted approximately $4.02 billion in revenue and EPS of $0.04. Read More

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