Economy

Author: 0 Hot Stock of this Morning: The Kraft Heinz Company (NASDAQ:KHC)

Unilever is adamant and said it saw no reason to discuss a deal which it said had no financial or strategic merit. Among analysts who offered their Analysis on The Kraft Heinz Company (NASDAQ:KHC)-4 analysts issued Strong buy for the stock, 9 analysts have given a Buy rating, 3 think it's a HOLD, 1 reported it as Underperform, while 0 analyst issued a Sell rating.

Economy Energy Transfer Partners, LP (NYSE:ETP)
Author: 0 Energy Transfer Partners, LP (NYSE:ETP)

Energy Transfer Equity, L.P.is expected* to report earnings on 02/22/2017 after market close. The Stock Closing Price on the 7th day of earnings was $32.76. Finally, Atlantic Trust Group LLC raised its position in Energy Transfer Equity, L.P.by 12.4% in the second quarter. Several other institutional investors also recently bought and sold shares of ETE.

Economy Leadership vacuum puts Samsung on alert with Lee detained
Author: 0 Leadership vacuum puts Samsung on alert with Lee detained

Samsung Group leader Jay Y. Lee left a Seoul court after more than eight hours on Thursday to await a decision on whether he will be arrested over his alleged role in a corruption scandal that has engulfed President Park Geun-hye. (0130 GMT). On Wednesday, Samsung Group repeated an earlier denial on its official Twitter account: " Samsung has absolutely never bribed the president seeking something in return or sought illicit favours".

Author: 0 OPEC: Why The Oil Price War Is Over

EST. Comparative inventory analysis suggests that the current ~$53 per barrel WTI oil price is at least $6 per barrel too high. BMI Research said that, based on an estimated compliance with planned production cuts of 92.8 percent by OPEC alone, output was down 1.08 million bpd, led primarily by deep cuts from OPEC's de-facto leader Saudi Arabia.

Author: 0 Verizon Cuts Yahoo Price Tag by $250 Million

Both companies say the revised takeover deal will include a provision that Verizon and Yahoo! share the liability for the legal fallout in the case. Internet group Yahoo has reportedly agreed a price cut on its initial $4.8bn (£3.86bn) sale to Verizon.

Economy China's Jan crude imports rise to third-highest on record
Author: 0 China's Jan crude imports rise to third-highest on record

Analysts polled by Reuters had expected January shipments from the world's largest exporter to have risen 3.3 percent, after a dismal 2016 that saw exports slump 7.7 percent as China lagged an export rebound enjoyed by some of its North Asian neighbours.

Author: 0 The agreement between OPEC and non-OPEC countries

This data includes increases in production from OPEC producers Nigeria and Libya, who are exempt from the cuts, though Stifel noted Nigeria is experiencing production issues. The contract averaged $52.61 a barrel last month. A 1.2 million barrel per day cut to OPEC production for the entire year would result in global supply of around 96 million barrels per day.

Author: 0 Boeing the Front-Runner for $13.8 Billion Singapore Air Order

Singapore Airlines values its latest planned Boeing order at US$13.8 billion based on published list prices. "Today's major order for wide-body aircraft enables us to continue operating a modern and fuel-efficient fleet , providing the SIA Group with additional expansion opportunities", CEO Goh Choon Phong said in a statement .

Economy White House terror attacks list omits Uri, Pathankot
Author: 0 White House terror attacks list omits Uri, Pathankot

It follows President Donald Trump's unsubstantiated claim on Monday that news outlets were intentionally not covering terrorist attacks in the West. Spicer said , "Frankly, my understanding is that they retracted that". Both incidents were heavily reported locally and nationally. It's true that 2015 saw one of the largest increases in decades, up 10 percent from 4.4 murders per 100,000 people in 2014, but even with that rise homicides are not on the order of what the country ...

Economy Twenty-First Century Fox, Inc. (FOX) Declares Quarterly Dividend of $0.18
Author: 0 Twenty-First Century Fox, Inc. (FOX) Declares Quarterly Dividend of $0.18

Beta is also an important valuation ratio for analyzing the stock of the company, 21 has Beta of 1.4 while its industry and Sector's beta remains at 0.21 and 1.29 respectively. Analysts, on average, forecast Twenty-First Century Fox, Inc .to earn $0.51 per share (EPS) on revenue of $7.79B. The latest reports which are outstanding on Monday 6th of February state 9 analysts have a rating of "strong buy", 9 analysts "buy", 10 analysts "neutral", 0 analysts "sell" and 0 analysts "strong sell".

Economy Orange Water and Sewer Authory Directs Customers Not to Use Water
Author: 0 Orange Water and Sewer Authory Directs Customers Not to Use Water

A water main break earlier Friday in Chapel Hill followed the shutdown of a treatment plant already hampered after too much fluoride was released into the water. In an emergency announcement posted at 11: 20 this morning, OWASA has ordered its customers not to use their water until further notice because of potential contamination.

Author: 0 Army Corps ordered to approve Dakota Access Pipeline

Cramer, R-North Dakota, said he received word that the US Army Corps will grant final approval and that Congressional notification of the decision was "imminent". "It is paramount for public safety, and to prevent an environmental disaster, that the camps be cleared prior to a potential spring flood", Gov. Doug Burgum said in a statement on Monday .

Author: 0 United Kingdom construction PMI suffers slowdown in January

Manufacturers hired staff at the fastest rate since June 2011 although the flow of new orders expanded at a slightly slower pace than in December. The Nikkei Malaysia Manufacturing Purchasing Managers' Index, or PMI, came in at 48.6 in January, which was was the highest in 20 months, the Nikkei Asian Review said.

Author: 0 Toyota loses out to Volkswagen as world's top carmaker

VW's biggest success came from China. The Chinese market was responsible for the biggest hike in Volkswagen sales with a 12.2 per cent climb, followed by Central and Eastern Europe with 7.0 per cent, Western Europe with 3.4 per cent and North America with 0.8 per cent.

Economy President Trump accuses Sen. Chuck Schumer of crying 'fake tears'
Author: 0 President Trump accuses Sen. Chuck Schumer of crying 'fake tears'

The outage occurred two days after thousands of people began packing into numerous country's major airports, protesting Trump's executive order . The order banned US entry to individuals from seven predominantly-Muslim nations, and it prompted anti-Trump, pro-Muslim refugee protests around the country.

Economy These states would get hurt most in a Trump trade war
Author: 0 These states would get hurt most in a Trump trade war

U.S. President Donald Trump pledged Sunday to begin renegotiating the North American Free Trade Agreement in upcoming talks with the leaders of Mexico and Canada. Trump would have the ability to trigger an article within Nafta that allows a party to withdraw six months after giving formal notice to Mexico and Canada, along with Congress - though Trump hasn't suggested he'll go that route.

Economy Yancoal To Spend $2.45B On Rio Tinto's Aussie Coal Assets
Author: 0 Yancoal To Spend $2.45B On Rio Tinto's Aussie Coal Assets

Once the deal is completed, Rio Tinto will also be entitled to potential royalties. Late Tuesday, Rio said it would raise $US2.45 billion from the sale of steaming coal mines in NSW, which followed the sale for as much as $US1.3 billion of an iron ore prospect in Africa.

Author: 0 Donald Trump Returns Bust of Winston Churchill to the Oval Office

The move had sparked conservative ire early in Obama's administration. Still, the bust continued to be a point of contention, one that Trump addressed in his rallies, where he promised he would return Churchill to the Oval Office. However, the statue was simply not visible behind a door when reporters were let inside. In 2016, Obama denied that removing the Churchill bust was a snub to the United Kingdom.

Economy China's GDP Hits Government Target in 2016
Author: 0 China's GDP Hits Government Target in 2016

China's per capita disposable income stood at 23,821 yuan ($3,469) in 2016, up 6.3 percent year-on-year in real terms, official data showed Friday. In China, economic growth is set to hold near 6.5-7.0 per cent over the coming year. The area of new homes sold during the 12-month period grew 22.4 percent from a year earlier to more than 1.37 billion square meters. He said a "trade war" would harm all countries involved.

Economy Chinese growth, tight markets lift oil prices
Author: 0 Chinese growth, tight markets lift oil prices

A report today by the IEA said the cuts agreed on by the Organisation of the Petroleum Exporting Countries (Opec) and 11 non-Opec producers are in a "probation period" as the market tightens. It wouldn't be surprising to see oil settle between $60 and $80 per barrel. Oil prices pared gains after data from the U.S. Energy Information Administration showed crude stockpiles rose by 2.3 million barrels in the week ended January 13.

Economy Locals join in for Women's March in Bemidji
Author: 0 Locals join in for Women's March in Bemidji

There's even websites dedicated to selling merchandise for the March on Washington. Organizer Erica Work says thousands are expected to march in Bellingham on Saturday. Organizers say that it will be for anyone who is not able to make the journey to Denver. While plenty of residents - some who found each other through the grassroots group Blue Water Progressives - are heading to the state march, Port Huron resident Patti Samar, the group's founder, was already in D.C.

Economy Kinder Morgan Shares Sink After Revenue Misses
Author: 0 Kinder Morgan Shares Sink After Revenue Misses

The last few months of the year saw Kinder Morgan win approval for its $5.4 billion Trans Mountain crude oil pipeline expansion project in Canada, as well as start construction on its $2 billion Elba Liquefaction Project at the Elba Island liquefied natural gas terminal in Georgia.

Economy Windows 10 Game Mode Release Date & Everything You Need To Know
Author: 0 Windows 10 Game Mode Release Date & Everything You Need To Know

Ybarra also divulged that some of the "visual elements" of the new Game Mode will be made available to Windows Insiders this week. This had the whole gaming community anxious that Microsoft isn't paying enough attention towards them, but this was cleared when Microsoft shook everyone when it announced a new Windows 10 mode.

Economy Japan aborts mini-rocket mission shortly after liftoff
Author: 0 Japan aborts mini-rocket mission shortly after liftoff

The launch occurred at 8:33 a.m. Sunday Japan Standard Time. The rocket was touted as the smallest one capable of launching a satellite, however something obviously went very wrong . It was maiden flight of fourth configuration of SS-520 rocket - smallest launch vehicles in the world. The small rocket was meant to launch TRICOM-1 "without the usual deployer", with the CubeSat instead "mounted on the launch vehicle without the usual guiding rails or tabs".

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